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1 posted on 05/02/2012 4:04:32 PM PDT by Kaslin
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To: Kaslin

bfl

Caught the first of this conversation on the show today and wanted to listen but had to leave the radio.


2 posted on 05/02/2012 4:26:24 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: Kaslin
Some simple observations:
  1. Some people are good at using wealth to generate more wealth, and some people aren't.
  2. Many people who are rich, are rich because they can use wealth efficiently to generate more wealth; many people who are poor, are poor because they do not use wealth efficiently.
  3. The more wealth is in the hands of people who are efficient at using it to generate more, the more new wealth will be created.
  4. Rules which are theoretically created to prevent a few wealthy people from accumulating too much political power will invariably be used to by those in power to protect themselves from any would-be challengers.
Another observation: many technologies which have become so commonplace as to be considered necessities by many people (e.g. central heating; indoor plumbing; telephones; automobiles) were considered extreme luxuries 100 years ago. The only reason they exist at all today is that there were rich people who could afford to buy them 100 years ago. Rich people effectively pay the development costs for new technologies in exchange for being able to take advantage of them before everyone else. A very reasonable trade, that works to the benefit of everyone except those seeking to sow covetousness and discord.
3 posted on 05/02/2012 4:40:20 PM PDT by supercat (Renounce Covetousness.)
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To: Kaslin

Why would Republicans favor the rich? There are very few rich people and you need votes in order to win an election.


4 posted on 05/02/2012 4:44:39 PM PDT by ari-freedom
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Thanks for the ping RB. This was an excellent read.


5 posted on 05/02/2012 6:38:33 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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