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Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 4:05 am
by _bcspace
To them, it's just stolen which notion they use to justify it's theft from others by themselves.
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 4:16 am
by _Analytics
bcspace wrote:To them, it's just stolen which notion they use to justify it's theft from others by themselves.
Did you even read the quote in context? Warren Buffett agrees 100% with this concept. Here is what the president said in context:
There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking people out there. (Applause.)
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business -- you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.
The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together.
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 4:30 am
by _bcspace
Did you even read the quote in context?
Yep. Did you even think to carry the logic to it's conclusion? Every one of these capital investments was created by another BUSINESS who's employees were paid by, you guessed it, the BUSINESS. And each BUSINESS would never have been available if it weren't for someone with an idea and or some capital etc. etc.
Warren Buffett agrees 100% with this concept
Warren Buffet is another anti American Victorian era rich guy who panders to Socialists to ease his conscience.
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 5:22 am
by _Analytics
bcspace wrote:Yep. Did you even think to carry the logic to it's conclusion? Every one of these capital investments was created by another BUSINESS who's employees were paid by, you guessed it, the BUSINESS. And each BUSINESS would never have been available if it weren't for someone with an idea and or some capital etc. etc.
The highway system was created by business? The government and the tax dollars they collected had nothing to do with it?
Warren Buffet is another anti American Victorian era rich guy who panders to Socialists to ease his conscience.
Let’s compare the wealth you’ve created in your life to the wealth Warren Buffett has created. Why do you think he did so much better than you? Did he work several million times harder? Is he several million times smarter? Both?
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 6:40 am
by _moksha
bcspace wrote:Did you even read the quote in context?
Yep. Did you even think to carry the logic to it's conclusion?
You've got them there Bc. They could not see that wealth occurred
sui generis of other factors and so fell for that Obama claptrap. These other posters didn't even think how Obama's reminder of all wealth creation being interdependent could be used as a means of needed political attack.
Next time Obama asserts that scientific discoveries were built on past science, you give him heck or at least cite the article in Washington Times that took Obama to task over such an idea.
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 8:04 am
by _MeDotOrg
bcspace wrote:Warren Buffet is another anti American Victorian era rich guy who panders to Socialists to ease his conscience.
Okay, I'll bite.
WHY is Warren Buffet anti-American?
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 8:38 am
by _Drifting
bcspace wrote:To them, it's just stolen which notion they use to justify it's theft from others by themselves.
BC, this is exactly what is taught in Church every Sunday.
If something good happens, if you are successful, it is because God has blessed you.
Do you not listen to doctrine?
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 10:33 am
by _bcspace
The highway system was created by business?
Yes, the government contracts them.
The government and the tax dollars they collected had nothing to do with it?
The government didn't created the wealth and it didn't do the work.
Let’s compare the wealth you’ve created in your life to the wealth Warren Buffett has created. Why do you think he did so much better than you? Did he work several million times harder? Is he several million times smarter? Both?
You merely proves my point. He's welcome to put his money where his mouth is though and be the first to give up his billions. Any conservative with that amount of wealth or even much less is considered obscene or out of touch. Let's not get that hypocritical shall we?
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 10:44 am
by _bcspace
You've got them there Bc. They could not see that wealth occurred sui generis of other factors and so fell for that Obama claptrap. These other posters didn't even think how Obama's reminder of all wealth creation being interdependent could be used as a means of needed political attack.
Next time Obama asserts that scientific discoveries were built on past science, you give him heck or at least cite the article in Washington Times that took Obama to task over such an idea.
Yes, and those who created previously are profited and paid. If it was in the free market, based on the value of their work or other contribution. You forget that Obama is a Marxist and steeped in liberation theology; setting the stage for demanding shares that he does not deserve.
If I take up a hammer and nails and other building materials and build a house, I have already paid those who came before and no one else deserves any part of the profit made unless I choose to give it. Liberals of course are wont to steal those items as well as the legitimate profit of other home builders as illustrated by the article.
And thus it is also illustrated once again why a Democrat can't be a good Mormon; the fundamental principle of Consecration being private property and the free use of it.
Re: Obama proves liberals don't know how wealth is created
Posted: Mon Jul 16, 2012 3:11 pm
by _Analytics
bcspace wrote:The government and the tax dollars they collected had nothing to do with it?
The government didn't created the wealth and it didn't do the work.
Can you clarify your point? Does leadership and organization count as "work"? If the government wouldn't have collected the taxes, made the plan, and hired the contractors, the work wouldn't have gotten done, and the "wealth" associated with an extraordinarily valuable highway system wouldn't have been created.
And if the highway system wouldn’t have been built, every fortune that was made which depends upon it wouldn’t have been accumulated, despite the genius and hard-work of those people.