Progressive Geithner: Make Sure No One is Rich!

Discussion in 'Economy' started by PoliticalChic, Feb 25, 2012.

  1. PoliticalChic

    PoliticalChic Diamond Member

    Oct 6, 2008
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    Brooklyn, NY
    1. Tim Geithner says on CNBC that the rich need to pay more in taxes becuase that is a "Privilege Of Being An American"

    2. Since there is no perennial class known as the "rich," this Progressive is authorizing the punishment of any whose efforts reward them with success.

    America is the land of economic mobility:

    a. "More than three-quarters of those working Americans whose incomes were in the bottom 20 percent in 1975 were also in the top 40 percent of income earners at some point by 1991, says Sowell."
    Source: Thomas Sowell, "How Media Misuse Income Data To Match Their Preconceptions," Investor's Business Daily, January 12, 2010.
    For text:
    How Media Misuse Income Data To Match Their Preconceptions -

    b. "I lived for about a decade, on and off, in France and later moved to the United States. Nobody in their right mind would give up the manifold sensual, aesthetic and gastronomic pleasures offered by French savoir-vivre for the unrelenting battlefield of American ambition were it not for one thing: possibility.
    You know possibility when you breathe it. For an immigrant, it lies in the ease of American identity and the boundlessness of American horizons after the narrower confines of European nationhood and the stifling attentions of the European nanny state, which has often made it more attractive not to work than to work. High French unemployment was never much of a mystery."
    Roger Cohen: One France is enough - The New York Times

    3. For Progressives, the goal is to remove the opportunity that is such a large part of American exceptionalism.
    Remove it, that is, for everyone except themselves.
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    Last edited: Feb 25, 2012

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