According to that wingnut, a large corperation compensating anyone for damage done to them is redistribution of wealth. Bachmann calls oil spill victim escrow account ?a redistribution-of-wealth fund? Minnesota Independent: News. Politics. Media. The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund. And now it appears like well be looking at one more gateway for more government control, more money to government. If there is a disaster, why is it that government is the one who always seems to benefit after a disaster, and thats of course what cap-and-trade would be.