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> <channel><title>Comments on: Wealth Does Not Come From the Wealth Faeries</title> <atom:link href="http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/feed/" rel="self" type="application/rss+xml" /><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/</link> <description>Delivering the Best of the New Media Since 2004.</description> <lastBuildDate>Sat, 26 May 2012 03:09:31 +0000</lastBuildDate> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.3.2</generator> <item><title>By: Jimmie</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691386</link> <dc:creator>Jimmie</dc:creator> <pubDate>Tue, 06 Jul 2010 07:43:49 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691386</guid> <description>I called it blather because it was. Bad facts, bad conclusions about the facts that weren&#039;t bad, just bad.
And I didn&#039;t provide counter-arguments because I didn&#039;t care to involve myself in a debate with you. </description> <content:encoded><![CDATA[<p>I called it blather because it was. Bad facts, bad conclusions about the facts that weren&#039;t bad, just bad.</p><p>And I didn&#039;t provide counter-arguments because I didn&#039;t care to involve myself in a debate with you.</p> ]]></content:encoded> </item> <item><title>By: RealTalk</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691379</link> <dc:creator>RealTalk</dc:creator> <pubDate>Tue, 06 Jul 2010 06:17:06 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691379</guid> <description>@Jimmie
Notice that rather than actually addressing any points that were made, and providing arguments for how they are wrong you simple dismiss it as &quot;blather&quot;...
I wonder if you don&#039;t provide counter arguments because you can&#039;t.... </description> <content:encoded><![CDATA[<p>@Jimmie</p><p>Notice that rather than actually addressing any points that were made, and providing arguments for how they are wrong you simple dismiss it as &quot;blather&quot;&#8230;</p><p>I wonder if you don&#039;t provide counter arguments because you can&#039;t&#8230;.</p> ]]></content:encoded> </item> <item><title>By: Jimmie is wise. &#171; The TrogloPundit</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691354</link> <dc:creator>Jimmie is wise. &#171; The TrogloPundit</dc:creator> <pubDate>Mon, 05 Jul 2010 22:26:36 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691354</guid> <description>[...] is&#160;wise. Over at The Sundries Shack, the free market view (also what actually happens in nature): Prosperity only happens when people [...]</description> <content:encoded><![CDATA[<p>[...] is&nbsp;wise. Over at The Sundries Shack, the free market view (also what actually happens in nature): Prosperity only happens when people [...]</p> ]]></content:encoded> </item> <item><title>By: Rob Stubbs</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691368</link> <dc:creator>Rob Stubbs</dc:creator> <pubDate>Mon, 05 Jul 2010 22:22:09 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691368</guid> <description>Lets see using your example RealTalk
Who buys the Donuts? Does the Company Buy The Donuts if so Then the donuts belong to the owner of the company and if he sets no limit on what someone can take then your example falls apart. If someone in the company bought the donuts and they say nothing about the guy grabbing 20 then thats their fault. The Donuts belong to whoever bought them to distribute them as they wish.  You want to come in and claim its not fair that guy got 20 and we must distribute the Donuts like I deem as fair even though you didn&#039;t buy the donuts.
Even using your own example I prove your basic theory wrong.
Lets see Microsoft started by a couple guys in a basement. Wal-Mart started by one man who had an idea and made it reality.
Basically your basic premise is its unfair they have all this and everyone else doesn&#039;t so we need to take their stuff and pass it out.
Another basic theme in your denunciation of Jimmie&#039;s is they cheated somehow to get their wealth which in Microsoft and Wal - mart is proven false right from the start.
Again to go back to your Donut analogy Why not say The Donut seller is being too greedy and cheating people with his products so his donuts need to be redistributed to all those hungry people I mean after all you did that maybe that poor guy who took the 20 donuts wouldn&#039;t have felt compelled to do so.
BTW Chocolate Milk is an artificial creation because it doesn&#039;t start out as chocolate milk its normal milk with chocolate added in. I always find it astonishing that somehow when people accumulate wealth its unnatural but when its redistributed back out that it wont accumulate back into the hands of a small collection of people requiring redistribution again. </description> <content:encoded><![CDATA[<p>Lets see using your example RealTalk</p><p>Who buys the Donuts? Does the Company Buy The Donuts if so Then the donuts belong to the owner of the company and if he sets no limit on what someone can take then your example falls apart. If someone in the company bought the donuts and they say nothing about the guy grabbing 20 then thats their fault. The Donuts belong to whoever bought them to distribute them as they wish.  You want to come in and claim its not fair that guy got 20 and we must distribute the Donuts like I deem as fair even though you didn&#039;t buy the donuts.</p><p>Even using your own example I prove your basic theory wrong.</p><p>Lets see Microsoft started by a couple guys in a basement. Wal-Mart started by one man who had an idea and made it reality.</p><p>Basically your basic premise is its unfair they have all this and everyone else doesn&#039;t so we need to take their stuff and pass it out.</p><p>Another basic theme in your denunciation of Jimmie&#039;s is they cheated somehow to get their wealth which in Microsoft and Wal &#8211; mart is proven false right from the start.</p><p>Again to go back to your Donut analogy Why not say The Donut seller is being too greedy and cheating people with his products so his donuts need to be redistributed to all those hungry people I mean after all you did that maybe that poor guy who took the 20 donuts wouldn&#039;t have felt compelled to do so.</p><p>BTW Chocolate Milk is an artificial creation because it doesn&#039;t start out as chocolate milk its normal milk with chocolate added in. I always find it astonishing that somehow when people accumulate wealth its unnatural but when its redistributed back out that it wont accumulate back into the hands of a small collection of people requiring redistribution again.</p> ]]></content:encoded> </item> <item><title>By: Jimmie</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691363</link> <dc:creator>Jimmie</dc:creator> <pubDate>Mon, 05 Jul 2010 21:16:45 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691363</guid> <description>Wow, what a bunch of ridiculous blather. </description> <content:encoded><![CDATA[<p>Wow, what a bunch of ridiculous blather.</p> ]]></content:encoded> </item> <item><title>By: RealTalk</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691360</link> <dc:creator>RealTalk</dc:creator> <pubDate>Mon, 05 Jul 2010 20:20:18 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691360</guid> <description>to clarify:
The wealth in this society as it is now is like chocolate milk with all the chocolate settled at the bottom....we need to stir it up into a more natural distribution.
Redistribution of wealth is an artificial solution to this unnatural state....it&#039;s not to be done as a matter of course. </description> <content:encoded><![CDATA[<p>to clarify:</p><p>The wealth in this society as it is now is like chocolate milk with all the chocolate settled at the bottom&#8230;.we need to stir it up into a more natural distribution.</p><p>Redistribution of wealth is an artificial solution to this unnatural state&#8230;.it&#039;s not to be done as a matter of course.</p> ]]></content:encoded> </item> <item><title>By: RealTalk</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691358</link> <dc:creator>RealTalk</dc:creator> <pubDate>Mon, 05 Jul 2010 19:52:43 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691358</guid> <description>The problem is this is all based on incredible over-simplification and an out-dated model.
This article is based on a false premise:
&quot;The business owner is withdrawing from the vast account of effort he has built up over the years.&quot;
In theory, this is how it works. In today&#039;s climate however, this is often not the case.
Your example is perfect for the past:
In the past, I could go out into the forest and cut down a tree, build a chair, sell it, invest those profits in continuing the cycle, etc....building up the furniture store in your example.
This is not how it works anymore.
Nowadays the small business owner in your example is not wealthy, he or she is struggling. Fools like you try to place the blame on &quot;parasites&quot; and those intent on &quot;class warfare&quot;....
The problem is the people who are generally accused of being intent on &quot;class warfare&quot;...they&#039;re only intent on defending themselves in a war thrust upon them by those who started it.
Let&#039;s look at the richest people in the country:
The people with money are not drawing on a pool of EFFORT, they are drawing on a pool of SOCIAL CONNECTIONS, &quot;IN&#039;s&quot;, and dirty tricks.
They aren&#039;t rich because they are good businessmen: they are rich because they cheat on their taxes...and the government helps them under the guise of &quot;trickle down economics&quot;....except the money doesn&#039;t trickle down.....it accumulates in pools where the cheaters and club members hoard it as leverage to make even MORE money unfairly.
Look at the people in Congress, both Democratic and Republican: they are doing much better stock market than the rest of us....it&#039;s not because they&#039;re smarter than us it&#039;s because they&#039;re cheating with insider trading and favoritism.
Once you have money, it&#039;s easy to use it as a club to beat others in society over the head with and extract more money.
The math proves everything I have said:
The richest people in the country make exponentially more than the rest of us.
Is it because they are smarter than us, or work harder?
No, it&#039;s because they bribed a congressman to get a government contract, where they are paid much more than their work is actually work.
It&#039;s because they use their insider knowledge to cheat the rest of us in the market.
It&#039;s because they don&#039;t pay the true costs of their own business: the people in oil companies make their money by cutting corners and extracting natural resources they didn&#039;t create.
The wealthy in this country make their money on the backs of the rest of us.
Let me pose a hypothetical question:
Let&#039;s say you&#039;re at the office, and attend a meeting.
As usual, there is a box of donuts for the benefit of those attending. There are plenty of donuts, enough for everyone to have 1 or 2 which is more than enough.
The first couple of people take a donut, or perhaps two if they are hungry.
Then a man comes in and takes 20 donuts: more than he could possibly eat.
There are now not enough donuts for everyone else....he starts trading favors for donuts to those who didn&#039;t get one.
I ask you....would this not strike you as a greedy and unfair thing to do? Those donuts where there for everyone and there was enough for everyone.
He didn&#039;t put in any great amount of work or added value to society, he just did what would strike most people as a dirty thing to do....
This is the state of our society.
I dare you to sit there and say if you were in this situation and you saw someone hoarding donuts you would not say &quot;Hey why don&#039;t you leave some for everyone? maybe give some of those donuts that you unfairly took back?&quot;
The people in this country need to wake up and realize that this is not about the liberals vs conservatives.
It&#039;s not even about rich vs poor, most people who consider themselves rich are not.
This is about the uber-rich vs everyone.
They got their wealth through unfair means, and the only way to fix our society is to fix the distribution of the wealth.
I dare you to study this.....go look at how the distribution of wealth has changed....how it used to be somewhat evenly distributed but now it is clearly lumped at the top. How people who actually work for a living, including business owners, make LESS ADJUSTED FOR INFLATION than we did in the past.
Than look at the wealthiest people and you&#039;ll see they didn&#039;t make their money honestly:
They got it by cutting corners somehow which passed THEIR costs on to society. (oil, gas companies, walmart, etc)
They got it by using insider knowledge to get an unfair advantage (politicians)
They got it by using dirty business tactics (Microsoft).
They got it by cheating on their taxes.
and more...
I&#039;ll leave you with a quote from THOMAS PAINE:
&quot;There could be no such thing as landed property originally. Man did not make the earth, and, though he had a natural right to occupy it, he had no right to locate as his property in perpetuity any part of it....Create a national fund, out of which there shall be paid to every person, when arrived at the age of twenty-one years, the sum of fifteen pounds sterling, as a compensation in part, for the loss of his or her natural inheritance, by the introduction of the system of landed property.&quot; </description> <content:encoded><![CDATA[<p>The problem is this is all based on incredible over-simplification and an out-dated model.</p><p>This article is based on a false premise:</p><p>&quot;The business owner is withdrawing from the vast account of effort he has built up over the years.&quot;</p><p>In theory, this is how it works. In today&#039;s climate however, this is often not the case.</p><p>Your example is perfect for the past:</p><p>In the past, I could go out into the forest and cut down a tree, build a chair, sell it, invest those profits in continuing the cycle, etc&#8230;.building up the furniture store in your example.</p><p>This is not how it works anymore.</p><p>Nowadays the small business owner in your example is not wealthy, he or she is struggling. Fools like you try to place the blame on &quot;parasites&quot; and those intent on &quot;class warfare&quot;&#8230;.</p><p>The problem is the people who are generally accused of being intent on &quot;class warfare&quot;&#8230;they&#039;re only intent on defending themselves in a war thrust upon them by those who started it.</p><p>Let&#039;s look at the richest people in the country:</p><p>The people with money are not drawing on a pool of EFFORT, they are drawing on a pool of SOCIAL CONNECTIONS, &quot;IN&#039;s&quot;, and dirty tricks.</p><p>They aren&#039;t rich because they are good businessmen: they are rich because they cheat on their taxes&#8230;and the government helps them under the guise of &quot;trickle down economics&quot;&#8230;.except the money doesn&#039;t trickle down&#8230;..it accumulates in pools where the cheaters and club members hoard it as leverage to make even MORE money unfairly.</p><p>Look at the people in Congress, both Democratic and Republican: they are doing much better stock market than the rest of us&#8230;.it&#039;s not because they&#039;re smarter than us it&#039;s because they&#039;re cheating with insider trading and favoritism.</p><p>Once you have money, it&#039;s easy to use it as a club to beat others in society over the head with and extract more money.</p><p>The math proves everything I have said:</p><p>The richest people in the country make exponentially more than the rest of us.</p><p>Is it because they are smarter than us, or work harder?</p><p>No, it&#039;s because they bribed a congressman to get a government contract, where they are paid much more than their work is actually work.</p><p>It&#039;s because they use their insider knowledge to cheat the rest of us in the market.</p><p>It&#039;s because they don&#039;t pay the true costs of their own business: the people in oil companies make their money by cutting corners and extracting natural resources they didn&#039;t create.</p><p>The wealthy in this country make their money on the backs of the rest of us.</p><p>Let me pose a hypothetical question:</p><p>Let&#039;s say you&#039;re at the office, and attend a meeting.</p><p>As usual, there is a box of donuts for the benefit of those attending. There are plenty of donuts, enough for everyone to have 1 or 2 which is more than enough.</p><p>The first couple of people take a donut, or perhaps two if they are hungry.</p><p>Then a man comes in and takes 20 donuts: more than he could possibly eat.</p><p>There are now not enough donuts for everyone else&#8230;.he starts trading favors for donuts to those who didn&#039;t get one.</p><p>I ask you&#8230;.would this not strike you as a greedy and unfair thing to do? Those donuts where there for everyone and there was enough for everyone.</p><p>He didn&#039;t put in any great amount of work or added value to society, he just did what would strike most people as a dirty thing to do&#8230;.</p><p>This is the state of our society.</p><p>I dare you to sit there and say if you were in this situation and you saw someone hoarding donuts you would not say &quot;Hey why don&#039;t you leave some for everyone? maybe give some of those donuts that you unfairly took back?&quot;</p><p>The people in this country need to wake up and realize that this is not about the liberals vs conservatives.</p><p>It&#039;s not even about rich vs poor, most people who consider themselves rich are not.</p><p>This is about the uber-rich vs everyone.</p><p>They got their wealth through unfair means, and the only way to fix our society is to fix the distribution of the wealth.</p><p>I dare you to study this&#8230;..go look at how the distribution of wealth has changed&#8230;.how it used to be somewhat evenly distributed but now it is clearly lumped at the top. How people who actually work for a living, including business owners, make LESS ADJUSTED FOR INFLATION than we did in the past.</p><p>Than look at the wealthiest people and you&#039;ll see they didn&#039;t make their money honestly:</p><p>They got it by cutting corners somehow which passed THEIR costs on to society. (oil, gas companies, walmart, etc)</p><p>They got it by using insider knowledge to get an unfair advantage (politicians)</p><p>They got it by using dirty business tactics (Microsoft).</p><p>They got it by cheating on their taxes.</p><p>and more&#8230;</p><p>I&#039;ll leave you with a quote from THOMAS PAINE:</p><p>&quot;There could be no such thing as landed property originally. Man did not make the earth, and, though he had a natural right to occupy it, he had no right to locate as his property in perpetuity any part of it&#8230;.Create a national fund, out of which there shall be paid to every person, when arrived at the age of twenty-one years, the sum of fifteen pounds sterling, as a compensation in part, for the loss of his or her natural inheritance, by the introduction of the system of landed property.&quot;</p> ]]></content:encoded> </item> <item><title>By: Rob Stubbs</title><link>http://www.sundriesshack.com/2010/07/03/wealth-does-not-come-from-the-wealth-faeries/comment-page-1/#comment-691305</link> <dc:creator>Rob Stubbs</dc:creator> <pubDate>Sun, 04 Jul 2010 13:36:51 +0000</pubDate> <guid
isPermaLink="false">http://www.sundriesshack.com/?p=12830#comment-691305</guid> <description>The Wealth Faeries are engaging in discrimination. They never come to visit me except to laugh and jeer.
The Problem is Government that once was symbiotic in nature as a defensive barrier against people which all governments ultimately are taking away certain guaranteed freedoms has turned into a cancerous parasite infecting everyone it can into forgetting what the original nature of the partnership was. </description> <content:encoded><![CDATA[<p>The Wealth Faeries are engaging in discrimination. They never come to visit me except to laugh and jeer.</p><p>The Problem is Government that once was symbiotic in nature as a defensive barrier against people which all governments ultimately are taking away certain guaranteed freedoms has turned into a cancerous parasite infecting everyone it can into forgetting what the original nature of the partnership was.</p> ]]></content:encoded> </item> </channel> </rss>
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