Bond King Bill Gross Feels Guilty For The Money He Made But Not Guilty Enough To Stop His Rent- Seeking Tactics

The Huffington Post reports on greedy, rent-seeking con man Bill Gross:

"Having gotten rich at the expense of labor, the guilt sets in and I begin to feel sorry for the less well-off," Gross writes in his latest monthly missive, entitled "Scrooge McDucks," posted on the website of PIMCO, the world's biggest bond fund. His letters are usually colorful and sometimes self-critical.

Bill Gross sure has a lot to feel guilty about. He was the point man in the Fannie-Freddie bailouts that looted taxpayers for billions. He wears so many hats in the bond market: he might be America's most conflicted investor. If Bill Gross feel shame, let him write a big check to the IRS for his sinful rent-seeking life style. Bill Gross didn't get rich at the expense of labor but of taxpayers. No shower can ever get him clean.