And They Hate The Rich!

And they Hate the Rich!
9-26-2008

It’s amazing how all we are hearing are tales of the evil rich who need to be taxed more and give more to the “little people”. And how big corporations are the enemy who need to be brought down and their evil CEO’s hung in the streets by angry mobs who are entitled to some of their wealth just because they don’t have as much!

Well at least in a nut-shell that is what Mr. Obama states during his many speeches (well maybe without the CEO hanging part), but the rest is close. And in this political world we now live in it seems that “close” is good enough.

Now let’s see, we want to create more jobs for the middle-class and increase their wealth by taxing the evil corporations. Yet under Mr. Obama’s plan or at least how I understand it, the more I make the more I am penalized with taxes which forces me as a small business owner to not have as much incentive to fulfill my dream of making my company one of those huge evil corporations.

How is that if we tax corporations more that poor people get rich? Hey I’m no Alan Greenspan or Donald Radacike, but as I understand basic economics big corporations really don’t pay taxes. They just pass along any tax increases in their prices (that the little people eventually pay for), or they reduce their labor force by eliminating jobs or outsourcing them to countries we can’t understand on the phone, until they offset the costs of the additional taxes. So in the long run, we have less jobs and high prices on consumer goods and I guess this is going to make the poor rich?

You know the last time I looked; it was the big, middle and small corporations that were providing livelihoods to American families. It was their ability to compete in markets and develop and manufacture goods and services vital to the USA and all of its inhabitants. I don’t know of any jobs being handed out down at the methadone clinic or by people unable to run themselves let alone companies!

From the beginning of time there has always been the “Haves and Have-nots”. It’s just the way it is and nobody said it would be fair or easy. I’ve spent the majority of my life more on the “Have-nots” side but that doesn’t stop me from trying to cross the line.





See the list below:
5 Richest Members of Congress
Four out of the five richest members are Democrats
Posted September 26, 2008
1. Rep. Jane Harman (D, Calif.): $215.11 million
2. Sen. Herb Kohl (D, Wis.): $215.85 million
3. Sen. John Kerry (D, Mass.): $213.8 million
4. Rep. Darrell Issa (R, Calif.): $158.58 million
5. Sen. Jay Rockefeller (D, W.Va.): $79.4 million
Note the date and the number of Dems vs. Republicans. I wonder if any of these people got their fortunes from what might be called an “evil corporation” and I wonder how many benefited from “8 years of failed economic policies” from Bush that gave them tax breaks? I don’t recall hearing anything about how the refused to accept it and gave more to the little people. I will bet that each of these individuals listed paid less tax corporately and personally than you and I.

And you know what; I don’t really care as long as they ran ethical and successful companies that because of the tax breaks were able to provide livelihoods to American workers, goods and services at a reasonable price and continued to contribute to the positive growth of America. I have said from the beginning that the Libs are fighting the wrong enemy. They want to tear down the things in this country that have made it great and yet at the same time reap the benefits of the same. Someone please tell me how that is done? And also how has this “Marxist” approach worked for the “little people” of Cuba, Venezuela & China?