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Friday, October 28, 2016
From: John Coffey <email@example.com>
Date: Fri, Oct 28, 2016 at 11:48 AM
Subject: I was appalled by some of the responses I got here. (See bold text.)
I understand why people on the left feel the way they do. Web page after web page makes it clear that the number one issue on the left is income inequality and disparity of wealth. This is an issue that has rising to the forefront for years, fueled mostly by left leaning politicians, not to mention a suffering economy. This issue has been a concern of mine as well.
I see countless articles claiming that disparity of wealth is a threat to democracy. The theory is that the rich and powerful control the political system, which is probably a half truth. As Michael Moore said, a millionaire gets no more votes than a poor person, and there are far fewer millionaires than there are the rest of us. Despite big income inequality in 2008 and 2012, the American people elected a left leaning socialist who promised to raise taxes on the rich.
Hillary and Bill Clinton have benefited from rich donors and foreign donors, and have been paid exorbitant fees to give speeches to Wall Street bankers and foreign leaders. If you don't want a politician in the pocket of the wealthy, then don't vote for Hillary.
Some disparity of wealth is healthy because it shows that you have a vibrant growing economy. It used to be that if you wanted to get rich, or richer, you would compete in the marketplace. However, today, the way people get rich is they use government to shut down their competitors or use government to grant them special favors.
If you plan on voting for Hillary, I want to tell you why conservatives feel the way they do. It is the birthright of every Unites States citizen to live in a free country. Economic freedom is an essential part of living in a free country, because without economic freedom then you have very little freedom at all. Economic freedom is essential for economic growth and prosperity. Conservatives feel that their birthright is being stolen from them. The country was founded on the principle of limited government to protect freedom, but for several decades there has been a concerted effort to turn the United States into a European style socialism, and it mostly has succeeded.
The Constitution of the United States was worded to limit the power of the federal government. The 10nth amendment to the Constitution specifically states that those powers not assigned by the Constitution to the Federal Government belong to the States or the people. Yet, liberal judges have pretty much nullified any Constitutional limit on federal power. Conservatives feel that this is one of the most important elections in our lifetime, because if Hillary is elected then she will appoint more liberal judges, especially to the Supreme Court, who will render any Constitutional limit on government power meaningless.
P.S. Be sure to share.
You don't now and never have had any absolute freedom. You've always been subject to laws.
The aside was simply setting the record straight. This country is great but far from perfect and there is nothing wrong in acknowledging when others got it right before us.
Emergency interest rates are a complete disaster for the lower classes as well as the Central bank claim that inflation is good for people. These newer generations are about as brainwashed as could be, no person in first half of the 20th century would think inflation was a good thing. It lowers wages in purchasing power, erodes the value of savings while funneling the wealth to the people who control it. Inflation helps people who own most of the assets as well as politicians, insiders and parasites.
The poor and middle class are ignorant to these realities and continue to vote for the two parties and tacitly, a continuation of the very policy which impoverishes them.
They are their own worst enemies.
The Central banks of the world own nearly all of the bonds, much of the stocks and so much more since they have been given (taken really) unconstitutional powers to meddle in all markets. The net affect is that our economy has been hollowed out by all of this. If you forced central banks (better still, got rid of them all together) to stop these criminal practices, things would fix themselves naturally. Without fiat they could not steal by the trillions from the public to line their own pockets. Over taxation and over regulation along with the currency con has impoverished the private sector at the benefit of the public sector. The private sector creates productivity while the public sector destroys it.
This is why America makes nothing and runs 500 billion dollar trade deficits for decades. This is where your good jobs disappeared to. The public has always had it in their power to make themselves well off but they vote Democrat and Republican and get what they deserve. People who should know better vote for these two parties as well. The Lemming like habit of giving in to practices which are ingrained by training must be hard to overcome.
If you measure it properly (no double book accounting for the bonds of the entitlements) we have more debt than GDP. We have went over the edge and will face an increase in the disaster we have been participating in.
Simple, stop doing what doesn't work. I guess this is too hard for the public to grasp.
I think that having some inequality is the natural result of a free market and is healthy. It shows that people can get ahead if they work and invest their money. As long as it doesn't get too extreme, I don't think that it's anybody's business. Healthy economies grow wealth. The alternative is government coercion to correct the situation. That is a path to dictatorship. You would have an all controlling state dictating how much people are allowed to have.
If you want to look for the real reason why there is so much inequality, then look at how the wealthy take advantage of government, and how our monetary system and central banks benefit the banking industry and the rich. When all money in the economy starts as a loan, then it enslaves us all to debt.
Think about it. :-)