We are referring to Ray Dalio's punking of the very capitalism under which his $160 billion hedge funds has become the largest in the world and his net worth has soared to a tidy $18 billion. Yet Sunday night he told millions of "60 Minutes" viewers that the American Dream is dead, capitalism is in desperate need of reform and that wealth, income and opportunity maldistribution in the US is so severe that the President should call an national emergency.

(We hear you, Ray, but please don't encourage the Donald to declare any more national emergencies---the Mexican border one is stupid enough).

In any event, Dalio was just getting started, reprising on bubblevision itself yesterday morning with further heaping loads of admonishment about why the system isn't working anymore, and that among other things he and people like him need to be taxed good and hard.