Monday, December 13, 2010

Some Say Punish The Rich - I say, THANK them - here's why...

Our government - and in particular the Democrat party - has painted America's wealthy as an enemy to be punished - taxed and regulated much more heavily. And on Cape Cod, this "class warfare" promoted by the liberals has resulted in two homes being burned down - homes of people that some idiot PERCEIVED to be rich, though they are not. And he even spray-painted "F- THE RICH" on the properties. So we know it is a result of the class warfare being bred in the nation's capitol.

The argument, though bogus, is simply that the rich must have gotten rich by cheating the poor and hurting the middle class. That they have "too much".

And here is why that argument is bogus ---

1) Most of the wealthy in America got that way by providing valuable products and services. EXAMPLE: Bill Gates of Microsoft is rich because his systems have helped millions of people to enjoy a better lifestyle. And I am wealthy because I have successfully taught thousands of people how to become wealthy.

2) The argument that the rich "have too much" is baseless because there is no such thing. The rich do not have anything that anyone else cannot also have if they apply themselves. And the successful people who apply themselves require more money. It takes money to develop the Blackberry or Ipad. It takes money to hire more people to meet growing demands. It takes money for research and development.

The wealthy are the ones who risk everything in order to achieve success. They risk their life savings, and sometimes even mortgage the farm to raise the money to get started. Then they bust their humps 100 hours a week for 20 years so the newspapers can call them an "overnight success".

Before you start attacking the rich, first take a moment to understand something --- 67% of all funds given to the charities that help your friends, neighbors and families are contributed by the top 5% on the wealth scale. They also pay 72% of ALL taxes the government uses for YOUR benefit. We have roads, bridges, airports only because of the wealthy. The poor could never afford those things, nor can the middle class.

And when you need that new wing on the hospital or that new life-saving equipment, you can probably thank a rich person whose name is on the plaque. When someone you know goes to the Huntsman Cancer Research Institute and hospital, you can thank the rich - Huntsman spent $1.2 BILLION of his own personal wealth to build it. You can even thank the rich when your child graduates from a college or university that survives with grants from wealthy alumni. The High School I went to was built by a rich man, George Cogswell.

You can thank the rich when you go to a museum - not only do they fund the museum, they also donate the treasures on display.

Have you ever gone to a Broadway Play? A concert? Thank the rich - they are the ones who fund such ventures.

Do you have a job? Chances are you can thank some rich person for that - the poor do not hire too many people.

The rich do not get rich by hurting the middle class. On the contrary, they are the ones who require a strong middle class. For example, Bill Gates could never run Microsoft without paying thousands of people a good wage, helping to maintain the middle class. And most of the people who buy his products are middle class.

If you want to find out who is harming the middle class, look to the progressives and liberals who are eager to punish the Golden Goose that lays the golden eggs. When you pick the pockets of the rich, they cannot hire. They must reduce their R&D for new products. They must reduce their gifts to charity. They cannot build hospitals. And all of that harms the middle class.

A simple fact: the middle class needs the rich because the rich provide the jobs, products and services we all need. The poor need the rich because the rich provide the funding for the charities and government entitlements.

And the rich need the middle class as much as the middle class needs the rich. Without the middle class the rich would have no employees to produce and market products. Nor do they have anyone to sell them to.

Liberals and progressives can go on blaming the rich, but they are, as usual, 100% wrong. And the government can go on inciting class warfare in order to take power from the people, but they, too are 100% wrong.

And it's time sane people stood up and told them so.

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