Saturday, October 19, 2013

Druckenmiller Rages Against Generational Theft


Stan Druckenmiller makes an unlikely class warrior. He's a member of the 1%—make that the 0.001%—one of the most successful money managers of all time, and 60 years old to boot. But lately he has been touring college campuses promoting a message of income redistribution you don't hear out of Washington. It's how federal entitlements like Medicare and Social Security are letting Mr. Druckenmiller's generation rip off all those doting Barack Obama voters in Generation X, Y and Z. "I have been shocked at the reception. I had planned to only visit Bowdoin, " his alma mater in Maine, he says. But he has since been invited to multiple campuses, and even the kids at Stanford and Berkeley have welcomed his theme of generational theft. Harlem Children's Zone President Geoffrey Canada and former Federal Reserve Governor Kevin Warsh have joined him at stops along the tour.






Source: http://www.realclearpolitics.com/2013/10/19/druckenmiller_rages_against_generational_theft_318173.html
Related Topics: luke bryan   area 51   Sean Sasser   jeff bezos   prince harry  

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.