On Nov 11, 3:18*pm, "Ed Huntress" wrote:
What I had in mind at the time was
something that Warren Buffet said a decade or so ago, about the unfairness
and distortion that results from wealthy people leaving their money to their
kids.

--
Ed Huntress

It is not that bad. Some of the kids do well building on what they
received, for example Howard Hughes. Or they do stupid things and end
up not so well off.
What the hell, it is the parents money. They ought to be able to do
what they want to with it. It isn't my money or the governments
money, so why should I be able to tell them what to do with it.

There is a lot of unfairness and distortion with just the ordinary
middle class in the US. Why should we have a much better life than
say those in Bangladesh? Being born in the US makes one wealthy
compared to those in third world countries. It isn't fair that some
people are born in third world countries. It isn't fair that some
people are born to rich parents. There is a lot of unfairness
around. One just has to play the hand one is dealt.

Dan