I posted this on November 20, 2008 and was surprised tonight when I saw it as a related link on a video I was watching. Well, with another election coming up and the economy in far worse shape now than then, it seemed like an appropriate time to post it again.
The point of the video can be applied to any industry. The idea is that by building value by providing a usable, wanted, needed product and/or service we create wealth. We do not create wealth by giving money away, we create a debt by doing that.
Money cannot be printed out of thin air, so to speak. Cash can be but not money. Money is a value that people who produce value use to exchange those values with one another. That value is based on real assets be they products or services. Cash printed out of thin air creates a debt and rots the money that it is printed against.
Here is my position:
By what right does one man demand the fruits of another man's labors without first earning it from that man?
By what form of justice does a government take, at the point of a gun as is the way taxes are collected when push comes to shove, and distribute it to others who have not earned it from the first man?
There are three basic types of people in this world. There are overlapping variations of each but there are three basic types. There are producers, looters and moochers. When the looters in power have taken everything that can be taken from the producers and delivered it to the moochers to ensure their votes, what will the looters have left to offer the moochers for their votes?
The producers will still have their greatest value, their minds, with on they can still rely on. The producers will still be able arise from the ashes but the looters and the moochers will be lost to their own depraved state of meaningless existence. Look in the ghettos for a tangible embodiment of that state of mind, of that moral code that is the moocher.
Years ago I used to see a saying on bumper stickers, billboards, matchbooks, etc It said:
"Learn, Baby! Learn!"
In: Your Say, Other
Tags: wealth, debt, industry, economy, looters, moochers, producers, oil, energy, jobs, self-respect, Republic, election, capitalism, socialism, communism, fascism, freedom
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