War on The Rich: Dumbest Idea in History of Man

Discussion in 'Politics' started by Boss, Oct 18, 2014.

  1. Boss
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    Boss Take a Memo:

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    No need in chronicling the various left-wing memes, we see them daily being presented as "arguments" for justifying this insidious war against the wealthy. Form the anti-capitalists bemoaning "multi-national corporations" to the Occutards who seem to think "Wall Street" is this lumbering out-of-control monster that is gobbling up everyone's wealth except for the wealthiest. Oh... and those evil "bankers" who simply have all this unlimited supply of money and won't willingly hand it out to deadbeat liberals because they are just mean and greedy.

    On and on, these people have convinced themselves that it's a great idea and 'noble cause' to wage all-out war on the rich. It is arguably the most stupid political idea ever in the history of mankind, and I am here to tell you why.

    The first and foremost reason is, it's a losing strategy. In fact, it is worse of a boondoggle than Vietnam ever could have hoped to be. It's literally a war that cannot ever be won. Rich people, it just so happens, are very smart when it comes to their wealth. This fact of the matter has prompted the formation of such sayings as... "A fool and his money are soon parted." Their ability to be one step ahead of you is astonishing and impressive to say the least. No matter how much you may believe that we can use the forces of government to confiscate the wealth of the rich, it ain't ever going to happen. The more you try, the more you fail.

    What you manage to do in the process is bomb your own facilities and resources. You plant land mines for unsuspecting middle-income people trying to obtain wealth through small business. You rig booby-traps for poor people who are struggling to get to middle-income with better jobs. The so-called "rich" are rarely ever affected by your actions. They simply remain a few moves ahead of you, and we never touch their wealth.

    Okay, so we're going to "punish" these wealthy people and corporations by burdening them with high income taxes and corporate tax, more regulations and fines, more penalties and fees... but it never works. Tax the rich person's earned income more and they stop earning income, because they are rich and don't have to earn income anymore. Make it harder for a corporation and they close the doors or move someplace else. More regulations, mandates, burdens... they simply eliminate jobs. Obamacare alone is responsible for trillions of dollars in potential raises and bonuses for the middle-income that will never be realized now. You see, you gifted to them the ultimate excuse... "no pay raise this year... Obamacare!"

    Wall Street is a location in New York City, it's where capitalists go to trade public stocks with each other in our free market capitalist system. All the crap we hear about Wall Street would lead one to believe a silver stake is needed to kill this horrible evil creature who is destroying us all. If we don't have this location in NYC where capitalists can freely trade their public stocks, what do you think will take the place of it? Because, capitalists are still going to be capitalists, it's what they do. So think about that for a moment, and explain to me what you envision the alternative would be to a Wall Street?

    Okay, so we're going to "punish" all these greedy capitalists on Wall Street by implementing all sorts of trade restrictions and penalties, heap more hassle and burden on them to prevent them capitalizing TOO much... Wrong! What you are going to do is force capitalists away from your market and allow foreign markets to obtain a portion of their wealth instead. *You see, as much as you may hate the rich, other countries seem to really LIKE the rich. (*I mention this for the sheeple out there who like to follow what other countries do.)

    For the past 8 years of this de facto "war against the rich" being waged by the left, we've managed to keep the economy floating by borrowing and printing more money. We've infused trillions of dollars so far, and will continue to do this as long as Obama and the Democrats are in charge politically. Now this is all money we will have to repay at some point, but for now, it's keeping the economy of America from going tits up. As this has happened, the screws have been tightened on the 'rich greedy capitalists' but the results are not forthcoming. In fact, they are moving in the opposite direction rather rapidly. Wealthy capitalists are at least two moves ahead at all times. It's how they got to be rich, for the most part.

    So, ostensibly, you are waging a war you can't win against an enemy who cannot be defeated. In the process, you are destroying yourself and your only remaining resources. You will only be able to borrow and print for so long to float the economy. The only proven thing in the history of man to ever recover any failing economy is free market capitalism. Some will brazenly claim "Keynesianism" has worked, but the only times where Keynes policies ever were successful, were under a ripe and ready capitalist economy. You can't have Keynesianism without Capitalism, the numbers simply don't work.

    Oh, but what about the terrible growing disparity in wealth? Well, what about that? Okay, imagine a marathon race... this represents the acquisition of wealth. In the marathon are competitors who are well-trained athletes, who know how to win, who have trained hard to win, and will ultimately be in a position to win. Also, we have some couch potatoes who have never had much interest in the race, they are just there for the free gatorade. Then there are a whole bunch of people in the middle, who are not couch potatoes or athletes, but honestly hope to be able to compete and do well in the race. Now.... logically speaking, who is going to likely lead this race and extend their lead as the race progresses? Is there ever going to be a time where the couch potatoes are gaining more ground on the athletes and catching up, or are the athletes always going to be pulling away?

    The point of the analogy is, the wealthy naturally become wealthier at a faster rate than the poor. So, this "gap" is normal in a free capitalist system and it's normal for the "gap" to continue to grow. Now, what can be done about this? Well, one thing that doesn't ever work is to hobble the athlete so the couch potatoes can catch up, because the couch potato is only interested in free gatorade, they had just as soon not race at all. The best alternative to deal with this growing disparity is to motivate the couch potato. Get them into the race. They may not ever win, they may not ever catch the athlete, but if they are at least competing, they are improving the situation and limiting the growing disparity. At the same time, you encourage the athletes to mentor the competitors in the middle who earnestly want to learn to be a better athlete. There are any number of free market ways to do this, we just need to explore those possibilities. But we first need to take the ball and chain off the legs of the athletes and admit this is a stupid idea.

    Or now.... We CAN do as Chairman Mao tried to do in China... Gather all the rich greedy capitalists in front of an open ditch and put a bullet in their head, confiscate their assets and try to implement anti-capitalism as a legitimate form of government. Last time, it resulted in 70 million deaths and still didn't work.
     
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  2. Mr. H.
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    Mr. H. Diamond Member

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    It's not a dumb idea but a very effective tool for initiating class warfare. Plus, it garners votes for the Lamebrain Liberals.
     
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  3. Boss
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    Boss Take a Memo:

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    It's a monumentally dumb idea.
     
  4. Boss
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    Boss Take a Memo:

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    Well thank you to Mr. H. for responding. I am not sure why the anti-capitalists avoid my threads like an Ebola patient, but they do. I spend all this time and energy typing up a truly educational resource for pinheads and they ignore it.

    In fact, I think maybe I DO get it... I understand the strategy... Ignore Boss! When he posts a thread about capitalism, just ignore it and avoid it!

    Well, that's okay, us capitalists can have a conversation without you. ;)
     
  5. NYcarbineer
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    NYcarbineer Diamond Member

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    The wealth of any nation is finite. The more of it the rich concentrate in their own hands, the less there is left for everyone else.
     
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  6. NYcarbineer
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    NYcarbineer Diamond Member

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    "The man who dies rich, dies disgraced." Andrew Carnegie
     
  7. Boss
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    Boss Take a Memo:

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    Wrong! Wealth is NOT finite, it is infinite. People generate wealth through their labor, creativity, talents, etc. This is your key problem, the failure to understand wealth is not finite. When you believe such a fallacy, it causes you to think the wealthy should only become so wealthy else the poor can never become wealthy. It makes you believe there is only so much wealth and the wealthy have it all.

    The truth is, wealth is generated, so wealth is limitless. Now the people who are wealthy in a nation, especially a free market economy nation like our own, generally got wealthy because they were smart with their money, were successful at free market capitalism, and had the drive, motivation and ambition to succeed. Many came from abject poverty to become wealthy. Seems to me, the really "smart" person might want to listen to them, learn from them, try to emulate them and find out about how they were successful.

    Just total opposite of what you want to do.
     
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  8. NYcarbineer
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    NYcarbineer Diamond Member

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    How can wealth be infinite. Is the annual GDP number 'infinity'?

    A nation can only generate so much wealth per year; the more of it the Rich keep, the less for the rest of us.
     
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  9. NYcarbineer
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    NYcarbineer Diamond Member

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    So you want to listen to the Rich, I posted a quote from Andrew Carnegie.
     
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  10. LoneLaugher
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    LoneLaugher Diamond Member

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    The OP wonders why people don't often respond to his threads.

    Would he like an honest answer to that question?
     
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