Archive for October 6th, 2011

Why Does George Will Hate Billionaires?

George Will is deeply offended by Elizabeth Warren’s obvious communism, clearly on display in this statement here:

There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. . . . You built a factory and it turned into something terrific or a great idea — God bless, keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.

Will’s epically point-missing response:

Everyone knows that all striving occurs in a social context, so all attainments are conditioned by their context. This does not, however, entail a collectivist political agenda.

Such an agenda’s premise is that individualism is a chimera, that any individual’s achievements should be considered entirely derivative from society, so the achievements need not be treated as belonging to the individual. Society is entitled to socialize — i.e., conscript — whatever portion it considers its share. It may, as an optional act of political grace, allow the individual the remainder of what is misleadingly called the individual’s possession.

Will thinks that “collectivists,” otherwise known as “people who want a functional country,” believe that the government should collect taxes from corporations and the wealthy solely as some sort of reward or payback for the generosity that made their individual successes possible.  But that’s not it at all – we believe that the government should collect taxes from corporations and the wealthy in order to preserve and grow the foundation for future individual successes.

Starving the government to satisfy some misguided fetish of rugged individualism and self-reliance will make it increasingly difficult for future – and current – entrepreneurs to succeed, as they try to produce, sell and transport their products with poorly educated workers, slow internet connections, and crumbling roads and rail.  More and more of them will either flee to or be out-competed by countries that recognize the value of investing in themselves.

Taxes are not a prize that government arbitrarily awards itself for being generous and awesome.  Taxes are the revenue that government uses to build infrastructure and weave a safety net, making it easier to take risks and then make them pay off.

Will thinks that any government that collects taxes is socialist, that our system is hopelessly tilted against businesses. But the reality is the exact opposite – just ask Dwayne Andreas:

[Archer Daniels Midland CEO Dwayne] Andreas recently told a reporter for Mother Jones, “There isn’t one grain of anything in the world that is sold in a free market. Not one! The only place you see a free market is in the speeches of politicians. People who are not in the Midwest do not understand that this is a socialist country.

Hey, I guess we’re both right!

1 comment October 6th, 2011 at 10:12pm Posted by Eli

Entry Filed under: Economy,Media,Politics,Republicans,Wankers

Wanker Of The Day

Herman Cain:

In an interview with the Wall Street Journal posted Wednesday, the up-and-coming GOP 2012 contender and former CEO of Godfather’s Pizza summed up his bewilderment about recent demonstrations on Wall Street.

“Don’t blame Wall Street,” Cain said. “Don’t blame the big banks. If you don’t have a job and you’re not rich, blame yourself.”

The conservative radio talk show host described the protests as “planned and orchestrated to distract from the failed policies of the Obama administration, though he admitted he didn’t “have the facts to back this up.”

(…)

It is not a person’s fault because they succeeded. It is a person’s fault if they failed. And so this is why I don’t understand these demonstrations and what is it that they’re looking for.”

Cain also has the Quote Of The Day:

“When I was growing up I was blessed to have had parents. That didn’t teach me to be jealous of anybody and didn’t teach me to be jealous of somebody,” Cain explained.

Wha?

Herman Cain is obviously an al Qaeda infiltrator sent to destroy the United States from within, but I don’t have the facts to back this up.

October 6th, 2011 at 07:00am Posted by Eli

Entry Filed under: Economy,Elections,Politics,Republicans,Unemployment,Wankers


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