We dealt with a similar bout of wealth envy yesterday on the show. But here's another example .. a blog post by the Time's Joe Klein highlights this quote from a "greedy" businessman.

Barry [Sterling, founding partner of Iron Horse Vineyards] said he was deeply worried about the country. "I was born on the day of the 1929 stock market crash, so I've lived from the Great Depression to the Great Recession," he said, "and I must say I'm amazed by how little progress we've made. We stopped regulating. We dropped taxes to unsustainable levels. I spent a good part of my life in the 70% tax bracket. It didn't discourage me from working," he said, referring to the supply-side argument that lower tax rates spur enterprise. "It made me work harder. My father lived with 90% rates during World War II. I'm actually mystified by the greed now. I don't understand families like Koch brothers," he said referring to the Republican Tea Party bankrollers. "They have so much money. Why do they need more?"

Doesn't that sound suspiciously like the "from each according to their ability, to each according to their need" mantra from the Communist Manifesto? Just what business is it of Barry Sterling how much money anyone thinks they "need?" That is not for him to decide, and it is not for him to question.

And here we go with these 90% and 70% tax bracket things again. The left is really pushing this ... trying to convince people that the evil rich actually used to pay that kind of a tax rate on their earnings. The fact is, folks that marginal tax rates of 70% did exist back in the day .. but that did not mean that rich people handed over 70% of their income to the federal government. Between the extensive loopholes and deductions that existed at that time, the effective tax rates - the percentage of income actually paid in taxes -- have never risen above 12%.

And what's this "mystified by greed" thing? Yup .. here we go with that "greed" thing again. A favorite word from the left. To a liberal a person who wants more wealth than a liberal believes he should be allowed to have is "greedy." The word exists for no purpose other than to be used as a weapon by the moocher class against the producers.