Osler's Razor

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The bad guy isn't a person it is a quality inherent in all people (whether we accept it or not) ~ greed!
 

Point is, the concept of "trickle-down economics" which all corporations and high tax bracket people run with whenever "demonization" or god-forbid tax increase becomes a topic, is turning into just that...a concept. Or maybe it should be renamed trickle-down overseas economics. Because there's only so many pool boys, maids and gardeners the "arbiters of industry" can employ in the trickle down economy rubric. Forgot personal chefs, interior decorators, personal yoga instructors, chauffeurs, butlers and plastic surgeons...hey, this is becoming a moot point, the American economy is getting a boost!
 

I don't know. The wealth gap is this country disturbs me greatly. And its getting worse.

But I have no idea how to fix it. I certainly agree that we WANT those with Capital to invest it and spur economic activity. And I don't buy the argument that moderately higher tax rates will muffle such activity.

At the same time, raising tax rates just because something looks "unfair" seems wrong too.

The fact is a lot of Wall Streeters did suffer and lose jobs, homes, careers, etc. But the banking industry continues to prosper.

I'm even more irritated about all this as I am reading a biography of Theodore Roosevelt just now.
 

I think I saw the counter to Mr. Reynolds' question posted on facebook as well:

"Remember when teachers, public employees, Planned Parenthood and Public Radio generated wealth, produced commodities, provided a tax base, advanced civilization with technological breakthroughs, and promoted their agendas and self-interest using funds gained solely through voluntary exchange and without the threat of state violence? Yeah, me neither."

Both of these statements have some truth, and some overstatement for effect.

The reality is this: Facebook-status, Twitter, or bumper sticker slogans don't end arguments. They start them.
 

Yeah those bankers sure do produce goods. And how about those hedge fund managers developing those new technologies! I'm glad colleges and universities never do any research, and laborers never own property, pay taxes, or contribute anything of value to society. Lazy slobs think that just because they work for a living it entitles them to my inherited wealth!
 

Perhaps collaboration between teachers and bankers is what we need. If more people were educated about general banking/finance principles, it's likely our government and individuals in our society would have less financial trouble.

Other Kendall
 

Actually, Mark, I failed to ascribe my Facebook post to an anonymous author from elsewhere, so it appeared to be authored by me. Alas, I simply put it 'out there' for others to ponder from their varying points of view. I only post shared items on Facebook and never write my own opinions in public, except for 'bread-n-butter' items like the weather, family, my health, and other incidentals. While I admit to being a left leaning liberal, I never write or discuss anything on the subject. I'm more of a quiet observer. However, I am often amazed at the number of my conservative right leaning friends who will read an article I've clearly shared from the Huffington Post or WSJ or NY Times, and mistakenly think that I wrote it. They vent their rage at me for writing such "narrow minded and hurtful things" as a recent FB friend openly accused me after I had posted a link to an article from the Miami Herald.
 

The fault,Dear Osler, lies within ourselves,our Prufrockian state of being,weary of wars,weary of things being taken away,weary of responsibility for the other.We're by and large "etherised" patients, who work hard and just want to escape caring so much and just be left alone to have a beer in front of the t.v. We have allowed them the arrogance of power. It is outrageous and infuriating that corportations who go beyond flourishing pay little or no taxes while others pay through the nose. It should galvanize people into a tsunami of letters,it should force them into a sea out into the street. In the 60s and 70s people were able to cause things to happen by putting their bodies on the line for a cause.Now,our response is: "Do I dare to eat a peach?"or "Should I part my hair?" I am a bad guy. We're the bad guys. Could you turn up the t.v.? I want to see just how desperate those housewives are.