Posted on 10/17/2011 7:15:17 AM PDT by C. Edmund Wright
House Majority Leader Eric Cantor (R-Va.) said repeatedly Sunday that Republicans agree that too few people control too much wealth in America.
"We know in this country right now that there is a complaint about folks at the top end of the income scales, that they make too much and too many don't make enough," Cantor said during an appearance on Fox News Sunday, toning down his earlier criticism of the Occupy Wall Street protests.
(Excerpt) Read more at thehill.com ...
“The free market system is still the best system for a prosperous economy - but excessive greed is destroying the trust that the general public has in free markets and specifically in capitalism. This is tragic.”
Exactly right, and has to do with the morals one has with regard to wealth accumulation. Some people have morals, others don’t, and greed overrides all other considerations. However, how to cure the problem is a different story.
“The free market system is still the best system for a prosperous economy - but excessive greed is destroying the trust that the general public has in free markets and specifically in capitalism. This is tragic.”
Exactly right, and has to do with the morals one has with regard to wealth accumulation. Some people have morals, others don’t, and greed overrides all other considerations. However, how to cure the problem is a different story.
“So optimally, the best way to reduce such disparity is not to try to impoverish the wealthy and extremely wealthy, but to redirect the tax structure, so that their investments are much less like gambling, and contribute more to the economy.”
Exactly right.
“Think it’s time to acknowledge the reading comprehension and/or critical thinking deficit of FReepers?”
LOL! Futile endeavor.
I guess his name needs to be added to the RINO ‘establishment’ thread.
I just watched the entire interview. Considering the questions and the way they were posed, Cantor said nothing wrong. If you can point out a specific answer he gave, please cite it. I am at loss to figure out this “headline” and its implication.
I agree with you. Why do some people not really listen to what’s being said. With the media we have, we must take the time to hear and see ourselves rather than accept some one else’s interpretation of the truth.
>> I just watched the entire interview. Considering the questions and the way they were posed, Cantor said nothing wrong. >>
That’s your problem, you think we should respond to the questions “the way they were posed.” We shouldn’t. We should never accept a liberal template in the phraseology of a question. That’s where we should have called them out.
And he did go on to indicate that the rich are hoarding their money and they should hire more people. He said that “we” - assuming he means congress or government - “encourage them to hire more so the pay gap can be reduced” or to that effect.
I’m sorry, but companies don’t hire people to narrow an income gap. He bought the template, and sadly so have you.
That fact is that capitalism and a constitutional republic cannot succeed and will not succeed unless the people maintain an ethos based in Judeo-Christian values. This is the root of the problem.
>>> That fact is that capitalism and a constitutional republic cannot succeed and will not succeed unless the people maintain an ethos based in Judeo-Christian values. This is the root of the problem. >>>
Yep, but it’s not a government’s role to do that. Sorry, it is just not. Which has nothing to do with this issue anyway. Income disparity is not caused by “the greedy rich.” It is caused by laziness, ignorance and a big government that enables both.
I don't see a sarcasm tag here.
>> Yep, but it’s not a government’s role to do that. Sorry, it is just not. >>
to clarify, it’s not a given office holder’s role to enforce his or her notion of morality based on income disparity.....the context in which we are discussing this issue.
Why? Most of them agree with him.
Are you still a Republican?
I think we are the real “RINOs”, the Republicans now are for big government.
I didn’t say he responded to the way they were posed. I said the way they were posed made his answers seem to be something they were not.
Also, he did not “indicate” the wealthy are “hoarding” their wealth. He tried to unspin Wallace’s assertions by implying that it’s not the job of the government to “redistribute the wealth,” but to free it up so that jobs can be created.
You seem to want to find something wrong with Cantor and so you are misinterpreting what he said. Perhaps he’s not the best to appear on these types of programs because he’s not quick enough to pull up an answer to a “gotcha” question, but, in this interview, he does not seem to be agreeing with a socialist agenda.
I haven’t bought any template. And you seem to refuse to understand what I am writing. Please try to read more carefully and remove your prejudice from inferring what has not been implied.
I don’t usually respond to personal attacks as I would prefer to engage in a discussion of the post, not of my abilities or my thinking; but since this post seems to be the product of your inability to grasp reality, I’ve taken the time to respond. Let’s not start a war. Please. FR can’t take any more and neither can I.
The government cannot correct this imbalance. It is up to the culture to correct the greed amongst many of our citizens. For instance, look at professional athletes whose insatiable demands are destroying pro sports to the point that many folks cannot afford to go to a pro ball game. In this case, perhaps they will inflict enough damage to their reputations that it will resolve itself.
Greed? Another persons greed is none of your business. Just like your greed is not the concern of anyone else. You make it sound like greed is criminal. Or immoral. It is neither. Pro sports? I don't care about pro sports. I have an off switch for it. You have an off switch for anything you do not like.
The excessive compensation given to some of the CEO’s in the USA has caused serious repercussions, such as ridiculous bailouts, bankruptcies of companies whose stock holders relied upon their solvency for part of their retirement income, etc.. The problem that Wall Street has right now is that there is already a built-in bias against capitalism and the banking/financial industry specifically. It is fueled by the intelligentia in the education establishment and the liberal new media. When stories about bailouts by the government converge with huge compensation packages, it is like gasoline on a fire. That is what is happening right now.
Amazing. What a CEO is paid is none of your business unless you are a stockholder. If you are a stockholder and you do not like what the company is doing buy it or sell it. This applies to the federal government. Unless there is some kind of national security interest the federal government has no business being involved in commercial enterprises. It certainly has no business bailing out any commercial enterprise.
Liekwaise, look at the exessive costs of entertainment tickets to movies, plays, etc.. But the entertainment types are liberals so they get by with their greed easier that the business leaders. I know it does not seem fair, but greed whether it is from a business CEA, a sports star, or a movie star remains what it is - excessive, and during times of high unemployment, it breeds distrust.
Wow, again. This is really none of your business. Don't buy the tickets. Better yet, start your own entertainment company and make a lot of money. Hopefully someone like yourself won't come along after you are successful, decide you are greedy and take your s*it away...
The free market system is still the best system for a prosperous economy - but excessive greed is destroying the trust that the general public has in free markets and specifically in capitalism. This is tragic.
"Excessive greed"? Nobody cannot even define that......
then how’s this:
I respectfully disagree with your assessment of Cantor’s response. In my most humble opinion, he did not try to unspin Wallace’s questions at all and he did in fact answer them in Wallace’s terms.
Again, only IMHO.
While I would admit that the header was a bit misleading, there was absolutely a contention by Cantor that rich businesses should be hiring more. Now, if he believes that this can only be done by government getting the hell (I mean heck) out of the way, then he should have said so at the time.
I respectfully submit that you are giving Cantor way too much leeway here.
The ruling coalition is united around several things that the people are against. They are skilled at setting up phony issues (or issues that don’t concern the Federal government) to break up the formation of any possible other coalition.
Republicans and Democrats agree that the purpose of the State is redistribution. How much, and to whom, and under what circumstances, there are disagreements. But no elected officials of either Party believe that it is wrong to take from you and give to another of their own choosing, for reasons that make sense to them.
Republicans and Democrats agree that you have “rights” - lots of them. They also agree that any question ABOUT your “rights”, or whether or not something IS a “right”, should not be decided by a political process because that is “divisive”. So, they both agree that the voice of “the People” as contemplated in Articles IX and X can only be voiced by nine unelected life tenure judges, and that five of them, at any time or for any reason, can give new “rights” and take away old ones, particularly if those old ones arise out of majority voting.
Republicans and Democrats all believe in “diversity”. They, ignoring completely the results of all social science research on this subject, and contrary to millennia of human experience and wisdom, believe that the more “diverse” our country, its institutions, and any private entities within her become, the more cohesive and productive we will become.
Republicans and Democrats almost all believe in “free trade” and “immigration”. These things are good for various constituencies of both parties while they wreck the economy and the nation.
Many of the People, perhaps a majority, do not believe in any of these things. But in our existing system, captive as it is to the MSM-mandated “process” for choosing two candidates for POTUS neither of whom will change a thing, leaves the People with no voice.
Something’s gonna blow.
Our market economy is under direct attack by lawmakers from both parties.
What does that tell you?
Globalism is a rush to the bottom of the global barrel for workers. No denying it. We were warned about foreign entanglements.
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