Jim Manis on Most Anything

Jim Manis can formulate an opinion about a good many things, including those about which he has little knowledge. (And some dude named "Lazlo.") Visit The MagicFactory.

Thursday, March 12, 2009

Bill Gates Loses $20 Billion:

But regains title as world's richest man! What a weird world we live in. Pity the poor billionaires who have suffered more than the rest of us. Well, if you measure suffering in the amount of money lost. Some 30 percent of the world's billionaires dropped out of the billionaire category with the recent financial collapse. Once again, there are fewer than a thousand billionaires in the world. But never fear. Some billionaires actually increased their fortunes, like Mexico's top drug lord, whose fortune is based on selling cocaine to Americans. Naturally, he also helps keep various National Rifle Association members wealthy too by importing guns from the United States, so he's certainly doing his part to support the economy. (See MSN Money for more about the world's richest folks and their current plight in the economic downfall. Remember, in a free market, wealth trickles down, but poverty comes in a flood.)

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