To be clear, capitalism as a concept, or even the word itself, does not appear anywhere in the Bible. It doesn’t appear anywhere in the Declaration of Independence and it doesn’t appear anywhere in the Constitution. So why, in this country, is it promoted and accepted unequivocally as sacrosanct? We lay claim to it yet we certainly didn’t invent it. Capitalism has been around since the first cave woman picked more berries than she and her family could eat. She traded the excess to some other woman for fire wood and capitalism was born. Openly or covertly capitalism is practiced everywhere in the world 24/7. That, however, doesn’t make it holy. It is the way of the world. At the ground level it’s the marriage between human beings and natural resources but for Christ sakes it’s not a religious experience. Like all things, capitalism is as capitalism does. In an evolved society capitalism is capitalized on, not prayed to. Like all things, if it’s not working for the common good then adapt it, we are a people who invented versions; we stand in lines at midnight to purchase them. The so called experts on capitalism propagandize that it can’t flourish in a harness. These are people with an agenda; their actual expertise is in amassing and protecting personal wealth. Not the same thing. For better or worse capitalism is like the common weed, extremely hardy and engineered to massively reproduce. The exercise is not to eradicate it nor glorify it; it’s a tool to be used creatively to improve the lives of the citizenry.
Power to the People.
The Almighty Job Creators, Praise Jesus
15 OctWhy does this go forever unchallenged? Truly, what’s the real deal breakdown on these wealthy people who supposedly create all these jobs for us plain folk? I need a job, where’s my wealthy job creator, I need an address.
How many of these nameless wealthy people needing tax breaks inherited their wealth, never worked for it, never actually built a company with employees, just had it transferred to them at the reading? Maybe changed brokers; the end.
How many of these oh so vital job creators don’t even get their income from any kind of tangible business source at all but live, very well thank you, off of stock piled dollars, money making money? Making money off of money in and of itself does not create jobs but it does grow personal wealth. One does not invest in order to create jobs, one invests to net a return, the gain or loss of jobs is irrelevant. Not illegal but not job creation either, and certainly not noble.
Seriously, how many of these so called job creators have sought out and invested in start-ups that do employ people but are both risky and often don’t pay out anything for years if at all? And even when these investments are made, how many are initially calculated as losses to offset tax liabilities?
If republicans are going to constantly refer to wealthy people as the job creators then these wealthy people need to be thrown into a spreadsheet . . . . break it down for us plain folk, slap a pie chart on it, show us the money, where it came from, where it went and who got a god damn job out of it.
And the progressives and the media need to quit letting this job creators propaganda slide by day after day unchallenged, demanding no proof. Where’s the fact checking? The legitimacy of the job creators argument is paramount in the tax/budget debate being shoveled at the electorate.
Footnote:
How many years has Romney benefited from capital gains tax breaks?
When was the last year Romney started a company that created jobs?
Power to the People
Tags: Balance Sheets, Capital Gains, Dodging Taxes, Job Creators, politics, Tax Breaks, Taxes