OPP Newsletter

Tasine Loc: Southwest US

This joker is as slick as a baby's snot. He totally describes capitalism and in so doing gives all credit to the consumer, the middle income person. Yes, the buyer of products helps the business, but the middle income person did not "create any jobs".

This lefty says, "As an entrepreneur and investor, I have started or helped start, dozens of businesses and initially hired lots of people. But if no one could have afforded to buy what we had to sell, my businesses would all would have failed and all those jobs would have evaporated."

Obviously he is a successful l*****t, embarrassed to be a success amongst his otherwise "peers" who collect welfare, and he feels he must explain away his success, give it to someone else, even though what he is describing is capitalism, which his peers sound as though they despise.

These people jump through virtual hoops to both live and satisfy their i***tic political party, their i***tic political v**ers, and their other wealthy friends who h**e that they've become wealthy under such nasty conditions as pure capitalism. They would be funny were they not so pitiably inane.

No one provides jobs who doesn't have the capital to start or maintain a business. What rot these people bend over for.

mmccarty12 Loc: Zionsville, Indiana

Someone with money and an idea is necessary to create jobs. If the idea is a good one, people, regardless of income will buy. If the product or service is a necessity, then you have a s***e consumer dependent upon you. If the product or service is not essential, then your business's success relies on those with discretionary funds deciding to purchase your product or service. If middle-income people do not have discretionary funds, no sales are made.

Marketing is another part, and large part, of a business's success. If you are local, and plan to stay local, you can rely on word of mouth. Otherwise, advertising is necessary. Advertising is usually done by marketing firms. The more businesses needing advertising, the more the need for people to fill the advertising roles.

I could go on about each and every step of how jobs are built by the investment of money by the rich into businesses that create jobs, but will stop here.

All business start ups and expansions require money. That money comes from banks, venture capitalists, philanthropists, etc, usually considered the rich. Banks have investors, those investors are, for the most part, the rich. Venture capitalists, and venture capital groups, are individuals or groups of individuals with money, i.e. the rich.

So, by argument, the rich do create the jobs. They invest the monies which in turn allows a new business to get started and an existing business to expand.

Augustus Greatorex Loc: NE

I am confused. How does revenues tripling and tax rates falling, prove that more taxation of the wealthy would produce more jobs? (That is what he wrote, I think.)

I read it six times, and it still makes no sense, to me.

I have always thought taxation was effective at reducing upward mobility. The entrepreneur and investor could not have achieved his position of wealthy, if the taxes were prohibitive. I conclude he must desire others not to achieve his same position of affluence.

AuntiE Loc: 45th Least Free State

Augustus, I perceive he has his money safely offshore and cares not how his ideas affect anyone. A further question would be to know exactly what businesses he helped start and how they are progressing in this current economic climate.

AuntiE Loc: 45th Least Free State

Well golly gee, mmccarty. Why not just make sense? :roll:

I really would like to know just exactly how many, what type, and when he helped all these businesses. As I just posted to Augustus, I would like to know how all these businesses he was so helpful too are fairing in our current economic climate.

Augustus Greatorex Loc: NE

Point taken. Though he has invested well in his own right, his original wealth was inherited.

mmccarty12 Loc: Zionsville, Indiana

You have to love it when someone who does not earn his wealth, but is given it after the work of another, makes the statements he did in the article as well.

AuntiE Loc: 45th Least Free State

This is a complete and total generalization brought to you only through my perception with no research to back it up.

My perception is there are all too many of these "trust fund" individuals and "inherited" it individuals more then willing to provide their opinions and recommendations to those of us seen as less wise. It is their belief they are the font of all wisdom based upon their bank/investment balance.

It irks the bedunky (neologism) out of me!!! :|

mmccarty12 Loc: Zionsville, Indiana

It is called elitism. "I am", to the elitist, "better than everyone else, financially, intellectually and intelligently, because I have lots of money." As I have heard it said here and elsewhere, and said it myself, this guy's statements give new credibility to the adage, "... too stupid to pour piss out of a boot with the instructions on the heel."


As a completely off-topic remark, when this guy goes to restaurants, he probably believes he has servants, not servers. There is a large distinction, but not to elitists like him.

Tasine Loc: Southwest US

I think everyone posting on this thread will appreciate an email I just received:


INTERESTING OBSERVATION

1. The sport of choice for the urban poor is BASKETBALL.

2. The sport of choice for maintenance level employees is BOWLING.

3. The sport of choice for front-line workers is FOOTBALL.

4. The sport of choice for supervisors is BASEBALL.

5. The sport of choice for middle management is TENNIS.
And...

6. The sport of choice for corporate executives and officers is GOLF.

THE AMAZING CONCLUSION:

The higher you go in the corporate structure, the smaller your balls become. Which proves there are a boat load
of people in Washington playing marbles.