Monday, March 30, 2009 THE COVETOUS LEFT The root of leftist populism is covetousness.
And not the "greed" of the upper-class.
This covetousness is most evident with regard to the whole executive pay issue and with the so-called 'growing disparity between rich and poor".
The bottom-line this: BESIDES THE SHAREHOLDERS, it's really none of ANYONE'S business what any given private company pays its executives.
Paying them less will not make me or anybody else richer.
If they are overpaid, then MAYBE their products or shares will be overpriced and their profits reduced.
AGAIN: this matters not one whit to anyone except shareholders.
It is not the federal government's business - nor the business of ANY government - what one person agrees to pay another, (or what one group decides to pay an employee).
AGAIN: unless I'm a shareholder, paying other people less won't put one cent in my pocket.
The JEALOUSY which drives the left is irrational, and the so-called remedies the left prescribes are actually harmful to the general well-being because they decrease overall prosperity and economic growth (which is only spurred by incentives).
So, there's absolutely no upside to their whining - EXCEPT POLITICALLY: the populist politicians who exploit the ignorance and covetousness of the electorate gain in popularity.
The idea that the increasing wealth of the rich comes at the expense of the poor is equally ridiculous - and also rooted in covetousness.
It's the same crap as the old leftist canard that the First World became wealthy by looting the Third World.
FACT: most of the world's top 500 fortunes were made in the last twenty years. And most of the world's most valuable commodities and goods and services didn't even exist twenty years ago - or were not very valuable because they didn't have much use.
Wealth - like prosperity - is something which is created; it doesn't grow on trees; it isn't lying around in everyone's backyard. It takes guts, risk, investment and sweat to make money - and to keep it.
If we penalize the people who are good at this we will all suffer.
Monday, June 16, 2008 LEFTISM AS COVETOUSNESS: IT'S ABOUT THE TAKING
CLUB FOR GROWTH:
Michelle Obama said the following at a recent campaign event:
Should she become first lady, she said she'd focus on family issues.
"If we don't wake up as a nation with a new kind of leadership...for how we want this country to work, then we won't get universal health care," she said.
"The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more."
OR WE COULD CUT TAXES AND CUT SPENDING AND GROWN THE PIE. VOTE ACCORDINGLY.
9:33 AM
Bones said...
QOTD, The new class war is shaping up. It's the parasite class vs. the producing class. The producers can live and prosper without the parasites. The parasites will die without the host.
QOTD: "Basically, moonbats want an economic system in which the energetic and able are enslaved to a nonproductive parasite class. One problem is that people forced to work not for their own benefit but for the benefit of hostile freeloaders aren't as productive. The closer America comes to the communism our rulers are incrementally imposing, the less productive the slaves will be, until we reach the point that they aren't willing or able to produce anything at all. Then there will be no drinks for anybody, and utopian equality will have been achieved at last." -- Van Helsing, Moonbattery
"Larwyn's Linx: Obamacare's unbridled bullying power must end"
3 Comments -
Monday, March 30, 2009
THE COVETOUS LEFT
The root of leftist populism is covetousness.
And not the "greed" of the upper-class.
This covetousness is most evident with regard to the whole executive pay issue and with the so-called 'growing disparity between rich and poor".
The bottom-line this: BESIDES THE SHAREHOLDERS, it's really none of ANYONE'S business what any given private company pays its executives.
Paying them less will not make me or anybody else richer.
If they are overpaid, then MAYBE their products or shares will be overpriced and their profits reduced.
AGAIN: this matters not one whit to anyone except shareholders.
It is not the federal government's business - nor the business of ANY government - what one person agrees to pay another, (or what one group decides to pay an employee).
AGAIN: unless I'm a shareholder, paying other people less won't put one cent in my pocket.
The JEALOUSY which drives the left is irrational, and the so-called remedies the left prescribes are actually harmful to the general well-being because they decrease overall prosperity and economic growth (which is only spurred by incentives).
So, there's absolutely no upside to their whining - EXCEPT POLITICALLY: the populist politicians who exploit the ignorance and covetousness of the electorate gain in popularity.
The idea that the increasing wealth of the rich comes at the expense of the poor is equally ridiculous - and also rooted in covetousness.
It's the same crap as the old leftist canard that the First World became wealthy by looting the Third World.
FACT: most of the world's top 500 fortunes were made in the last twenty years. And most of the world's most valuable commodities and goods and services didn't even exist twenty years ago - or were not very valuable because they didn't have much use.
Wealth - like prosperity - is something which is created; it doesn't grow on trees; it isn't lying around in everyone's backyard. It takes guts, risk, investment and sweat to make money - and to keep it.
If we penalize the people who are good at this we will all suffer.
9:32 AM
Monday, June 16, 2008
LEFTISM AS COVETOUSNESS: IT'S ABOUT THE TAKING
CLUB FOR GROWTH:
Michelle Obama said the following at a recent campaign event:
Should she become first lady, she said she'd focus on family issues.
"If we don't wake up as a nation with a new kind of leadership...for how we want this country to work, then we won't get universal health care," she said.
"The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more."
OR WE COULD CUT TAXES AND CUT SPENDING AND GROWN THE PIE.
VOTE ACCORDINGLY.
9:33 AM
QOTD,
The new class war is shaping up.
It's the parasite class vs. the producing class. The producers can live and prosper without the parasites. The parasites will die without the host.
3:31 PM