Posted on 06/05/2012 10:42:03 AM PDT by Son House
Everyone should be made the same height, shorty.
Revolutions are always won by those who have the best charts and graphs. /sarc
“Being rich means you already have most of what you want and need.”
Is it really any of this little moron lib’s business, what the rich need?
Or, what ANYONE needs for that matter. Why don't they define: need?
This is America. Land of Equal Opportunity....NOT Equal Outcome.
How I LOATHE the left.
We all should be equally big.
And equally long.
As well as (of course) equally high.
Mr. Reich has my support for a constitutional amendment to that effect. Big government should supply the prosthetics that height-challenged, size-challenged, and length-challenged citizens need for a normal, healthy, and productive life!
:-)
In one thing Reich has a point, but for the wrong reasons. That is, the wealthiest *are* saving more of their money, but the reason for this is both Obama created financial insecurity, inspiring just about everyone who can to build up their reserves as “insurance”; combined with an absence of investments yielding enough to make investment worthwhile.
And this applies to everyone from the lower middle class terrified of unemployment, to the wealthy Wall Street financial corporation, terrified that the FED will just march in and take control of their assets so that the government will have more money to waste.
In short, in the days of W. Bush, American investors might have experienced “irrational exuberance”, investing in everything and anything; but in the days of Obama, investors live in fear and distrust of government and anyone who wants their money.
The solution to this problem, oddly enough, is not “more government”. Nor is it a government-backed push for “equality”, which is little more than “stealing from the rich and keeping it, while giving the growing number of poor an I.O.U.”
Here’s an idea, Bob. You are worth $300M. How about giving 2% of that to Navy and Marine Corps Relief? I’m sorry, Bob; I can’t hear you.
Maybe Robert should just try out for that little fella’s role on Game of Thrones...or maybe his cousin or something...
Those complaining about equality rant about what one gets and invariably fail to address what one gives.
Multimillion dollar salaries? Most on 5 digit salaries complaining about not making 100 times as much fail to consider, and would fail to perform at, what entails 100 times as much effort & stress & risk. You want that millionaire to give you 10% of his income because “that would be fair”? are you going to, in fairness, exert twice the hours, twice the effort, and twice the risk - to wit 100 hour work weeks, double the productivity per hour, and face prolonged job/wealth loss every few years? No, most people will bitch about putting in a real 40 hour work week (breaks not included), whine “you want better of me, pay me more” to the powerless, and demand job security forever.
This “equality” thing struck me a couple days ago as I watched someone freaking lose it over a mild case of being cut off while driving (more an inconsiderate lane change). If someone can’t handle mundane irritations without flipping out for a half hour afterwards, no way they can handle the stress of managing large-dollar projects. Very few people can, with reliable success, handle “here’s a million dollars to do X; don’t **** it up.” Those who can, earn more.
It’s not what you get. It’s what you’re willing to give to get it. Most won’t do much more than whine.
That little creep is hogging up a space in the shortest 1%.
Mandate height equality. Get reich on the rack or spagettify him by sending him near a black hole.
“Being rich means you already have most of what you want and need.”
The little weasel has a strange definition of rich. We are nowhere near rich and fit that description simply because we have been smart and frugal with our money.
He needs to shut up and go away.
See Blame & Envy--Demagogues' Path To Power; and The Greatest Mischief Ever Wrought.
Whether one's perspective is what actually works in human affairs; what is moral; what is consistent with Western theology; what conforms to the Constitutional intent in America; the answer is always the same. No two of us are completely alike; we achieve in different ways, at different levels. But what works best--really the only thing that truly works--is that each of us be responsible for how we conduct our lives, pursue our callings, deploy our resources.
William Flax
Redistributing other peoples' achievements, against their will, is a specialized case, that places the demagogue advocating it in the most reprehensible category--a proponent of organized banditry masked in pseudo legality.
William Flax
It used to be that Robert Reich & Paul Begala were the biggest LIARS in the USA. But Obama has pushed them into second and third place respectively.
I think that maybe Reich has a point (not the one on top of his head), and that we should implement a pilot program for pay equity.
The simplest thing to do is implement it in both the entertainment industry and professional sports. Anyone doing the same job should get the same pay.
So, for instance, every shortstop in the minor leagues and MLB should be paid the same amount. And in basketball, Lebron James should make the same salary as any other small forward. And Tom Brady should make the same amount as any other quarterback in the NFL.
And how about actors. Will Smith should get the same pay as the actor with an “equity card” who can only get a job waiting tables while waiting for his big break.
Mark
1)The amount of income consumed by a very rich person depends on the amount of their exchangeable wealth, which is their income plus accumulated capital, and not just on their income alone.
When there is an increase in income, there will be only a modest increase in consumption, because it will be consumed in proportion to the way they previously employed this exchangeable wealth in consumption. But the actual fraction of the income that is saved can increase dramatically and still be in accordance with this principle because what is not consumed out of a large increase in income is saved.This principle can explain why individuals with higher incomes tend to save larger fraction of their incomes than do those with lower incomes and, at the same time, why there is no tendency toward an ever rising proportion of saving out of income in the economic system as a whole, as the average level of real income rises.
2)The other principle that is involved with saving is that rich businessmen and capitalists with high rates of profit that are higher than the rate of net consumption for the economy as a whole will tend to have high rates of saving.
This helps to explain how large fortunes are built.They continuously earn high rates of profit by developing new or improved products or new or improved methods of production. Then because their rate of profit is higher than the net consumption rate,they continuously save and invest out of their income and accumulated capital.The high rate of profit provides both the incentive and the means for a high rate of saving, culminating in the possession of a fortune.
reiccccccchhhhhhhhh is a commie of the worst kind... he actually worships marx.
LLS
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