Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, September 24, 2011

I've had it with Giving Back and Takes a Village BS

Was out checking a few blog posts and comments tonight, and I got to tell you, I've had it with the twin false arguments of 1) wealthy people owe society for helping them get there, and 2) wealthy people and corporations have a moral obligation to "give back". Below was a post where I responded to those ideas tonight, and wanted to share it on this blog. Feel free to modify and share the response as needed. I would love to see national figures, such as Thomas Sowell, address this issue head on.


“I hear all this, you know, ‘Well, this is class warfare,’” she says of
Democratic tax policy. “No. There is nobody in this country who got rich
on his own. Nobody.”


“I hear all this, you know, ‘Well, this is class warfare,’” she says of
Democratic tax policy. “No. There is nobody in this country who got rich
on his own. Nobody.”

I'm so sick of this fallacious argument. Intelligent people should FIGHT IT on every blog they see it. And start hitting back on this, which is directly related: "Giving back". They say everyone needs to 'give back', corporations need to 'give back'. It's become part of our lexicon, and corporations all play along, fearful of the vengeful left. I manage a charity, and work on many causes, but not because there's a moral imperative to give back, as if I owe something. It's because I care about them, with my free will, not an expectation. Here we go, check it:

The one guy/gal that builds a 1000 person company is rare, statistically. I wish we had more, but business is hard, and risky. But to the point, the left says that a person owes society for being able to get rich, but that guy/gal had the same society as the 50% that are below the average, and the poor, and those on welfare. I went to the same schools, had the same teachers, same cops, politicians, etc, as everyone else in my community. I made something of myself, many didn't. What was the variable? Me, and my parents, mentors I chose. I made the effort. No mentors every came to my house asking if they could teach me something. The village didn't keep me up late studying harder than other kids, I did, with my parents guidance and encouragement.

If the 'village' was the reason the lone man succeeds, then it must also be the reason many more others failed. That's the response that should be shared every time you hear that garbage. When a county gives some land at a reduced/free rate to a big business to come in, that's not a gift, they aren't being altruistic. They are buying jobs, and then touting it to buy votes. It is a trade, not a gift. The state/county just waves the magic pen, it's up to the business to do all the work. And then, if the business brings in more jobs than projected, is the state going to "give back" for getting the better part of the deal? Hell no.

If society is struggling, if there are too many poor, too many uneducated, then stop selling that lie that the village is the reason for a rich person's success, unless you are going to admit that the same village is responsible for all the poor it has taught to be helpless, taught to expect that the rich must 'give back'. (Pretty lousy success ratio for that village, maybe we should trade it in for a new one. ) If anyone should be giving back, the state and poor should be giving to policies and decisions that bring more explosive profitable businesses, that cause a wave of direct, secondary, and tertiary benefits that growth brings to the society. And they should be 'giving back' appreciation, thanks, and respect for the rare person that can build a large business. If it's so easy, then everyone would do it, now wouldn't they?

Thursday, October 23, 2008

Journalism - R.I.P 2008

Orson Scott Card is a democrat, journalist, and winner of 4 Hugo and 2 Nebula Awards for his popular novels. This essay is a passionate plea to the editors of local newspapers and media to be honest, and to put the integrity of their profession above personal bias.

This article first appeared in The Rhinoceros Times of Greensboro, North Carolina, but due to the amount of traffic they have received it was moved to a static html file. It is not the only fine article they have published, and I encourage you to visit them at the link above.

I also encourage you to read the full article and send a copy or link to the editors of your local media, or email national media outlets from this Media Contact List.


Would the Last Honest Reporter Please Turn On the Lights?
by Orson Scott Card

October 20, 2008
An open letter to the local daily paper -- almost every local daily paper in America:

I remember reading All the President's Men and thinking: That's journalism. You do what it takes to get the truth and you lay it before the public, because the public has a right to know.

This housing crisis didn't come out of nowhere. It was not a vague emanation of the evil Bush administration.

It was a direct result of the political decision, back in the late 1990s, to loosen the rules of lending so that home loans would be more accessible to poor people. Fannie Mae and Freddie Mac were authorized to approve risky loans.

What is a risky loan? It's a loan that the recipient is likely not to be able to repay.

The goal of this rule change was to help the poor -- which especially would help members of minority groups. But how does it help these people to give them a loan that they can't repay? They get into a house, yes, but when they can't make the payments, they lose the house -- along with their credit rating.

They end up worse off than before.

This was completely foreseeable and in fact many people did foresee it. One political party, in Congress and in the executive branch, tried repeatedly to tighten up the rules. The other party blocked every such attempt and tried to loosen them.

Furthermore, Freddie Mac and Fannie Mae were making political contributions to the very members of Congress who were allowing them to make irresponsible loans. (Though why quasi-federal agencies were allowed to do so baffles me. It's as if the Pentagon were allowed to contribute to the political campaigns of congressmen who support increasing their budget.)

Isn't there a story here? Doesn't journalism require that you who produce our daily paper tell the truth about who brought us to a position where the only way to keep confidence in our economy was a $700 billion bailout? Aren't you supposed to follow the money and see which politicians were benefiting personally from the deregulation of mortgage lending?

I have no doubt that if these facts had pointed to the Republican Party or to John McCain as the guilty parties, you would be treating it as a vast scandal. "Housing-gate," no doubt. Or "Fannie-gate."

Instead, it was Sen. Christopher Dodd and Congressman Barney Frank, both Democrats, who denied that there were any problems, who refused Bush administration requests to set up a regulatory agency to watch over Fannie Mae and Freddie Mac, and who were still pushing for these agencies to go even further in promoting subprime mortgage loans almost up to the minute they failed.

As Thomas Sowell points out in a TownHall.com essay entitled "Do Facts Matter?" (http://snipurl.com/457to): "Alan Greenspan warned them four years ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush's Secretary of the Treasury."

These are facts. This financial crisis was completely preventable. The party that blocked any attempt to prevent it was ... the Democratic Party. The party that tried to prevent it was ... the Republican Party.

Yet when Nancy Pelosi accused the Bush administration and Republican deregulation of causing the crisis, you in the press did not hold her to account for her lie. Instead, you criticized Republicans who took offense at this lie and refused to vote for the bailout!

What? It's not the liar, but the victims of the lie who are to blame?

Now let's follow the money ... right to the presidential candidate who is the number two recipient of campaign contributions from Fannie Mae.

And after Fred Raines, the CEO of Fannie Mae who made $90 million while running it into the ground, was fired for his incompetence, one presidential candidate's campaign actually consulted him for advice on housing.

If that presidential candidate had been John McCain, you would have called it a major scandal and we would be getting stories in your paper every day about how incompetent and corrupt he was.

But instead, that candidate was Barack Obama, and so you have buried this story, and when the McCain campaign dared to call Raines an "adviser" to the Obama campaign -- because that campaign had sought his advice -- you actually let Obama's people get away with accusing McCain of lying, merely because Raines wasn't listed as an official adviser to the Obama campaign.

You would never tolerate such weasely nit-picking from a Republican.

If you who produce our local daily paper actually had any principles, you would be pounding this story, because the prosperity of all Americans was put at risk by the foolish, short-sighted, politically selfish and possibly corrupt actions of leading Democrats, including Obama.

If you who produce our local daily paper had any personal honor, you would find it unbearable to let the American people believe that somehow Republicans were to blame for this crisis.

There are precedents. Even though President Bush and his administration never said that Iraq sponsored or was linked to 9/11, you could not stand the fact that Americans had that misapprehension -- so you pounded us with the fact that there was no such link. (Along the way, you created the false impression that Bush had lied to them and said that there was a connection.)

If you had any principles, then surely right now, when the American people are set to blame President Bush and John McCain for a crisis they tried to prevent, and are actually shifting to approve of Barack Obama because of a crisis he helped cause, you would be laboring at least as hard to correct that false impression.

Your job, as journalists, is to tell the truth. That's what you claim you do, when you accept people's money to buy or subscribe to your paper.

But right now, you are consenting to or actively promoting a big fat lie -- that the housing crisis should somehow be blamed on Bush, McCain and the Republicans. You have trained the American people to blame everything bad -- even bad weather -- on Bush, and they are responding as you have taught them to.

If you had any personal honor, each reporter and editor would be insisting on telling the truth -- even if it hurts the election chances of your favorite candidate.

Because that's what honorable people do. Honest people tell the truth even when they don't like the probable consequences. That's what honesty means. That's how trust is earned.

Barack Obama is just another politician, and not a very wise one. He has revealed his ignorance and naivete time after time -- and you have swept it under the rug, treated it as nothing.

Meanwhile, you have participated in the borking of Sarah Palin, reporting savage attacks on her for the pregnancy of her unmarried daughter -- while you ignored the story of John Edwards' own adultery for many months.

So I ask you now: Do you have any standards at all? Do you even know what honesty means?

Is getting people to vote for Barack Obama so important that you will throw away everything that journalism is supposed to stand for?

You might want to remember the way the National Organization of Women (NOW) threw away their integrity by supporting Bill Clinton despite his well-known pattern of sexual exploitation of powerless women. Who listens to NOW anymore? We know they stand for nothing; they have no principles.

That's where you are right now.

It's not too late. You know that if the situation were reversed, and the truth would damage McCain and help Obama, you would be moving heaven and earth to get the true story out there.

If you want to redeem your honor, you will swallow hard and make a list of all the stories you would print if it were McCain who had been getting money from Fannie Mae, McCain whose campaign had consulted with its discredited former CEO, McCain who had voted against tightening its lending practices.

Then you will print them, even though every one of those true stories will point the finger of blame at the reckless Democratic Party, which put our nation's prosperity at risk so they could feel good about helping the poor, and lay a fair share of the blame at Obama's door.

You will also tell the truth about John McCain: that he tried, as a senator, to do what it took to prevent this crisis. You will tell the truth about President Bush: that his administration tried more than once to get Congress to regulate lending in a responsible way.

This was a Congress-caused crisis, beginning during the Clinton administration, with Democrats leading the way into the crisis and blocking every effort to get out of it in a timely fashion.

If you at our local daily newspaper continue to let Americans believe -- and vote as if -- President Bush and the Republicans caused the crisis, then you are joining in that lie.

If you do not tell the truth about the Democrats -- including Barack Obama -- and do so with the same energy you would use if the miscreants were Republicans -- then you are not journalists by any standard.

You're just the public relations machine of the Democratic Party, and it's time you were all fired and real journalists brought in, so that we can actually have a daily newspaper in our city.