The more I listen to Fred's ideology, the more I'm convinced he is a devotee to the Ayn Rand philosophy of "enlightened" selfishness. If you've never read "Atlas Shrugged", it nicely encapsulates Smith's apparent philosophy that there should be a small ruling class of wealthy elites. The rest of us are "parasites", that feed off of the wealthy "host". Judging from the way he regards his hourly workforce, and where he invests his money (in governmental influence), Fred might just be a true believer in the sociopathic Rand's ideals. Fred gets richer, and we get poorer, which is the way it's "supposed" to be if you think like Rand did. Thanks, Fred!!