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IN DEFENSE OF CAPITALISM!

 
This is part rant, part rave!  I’ve had it and am fed up about the ignorant, anti-capitalism noise coming from the President of the United States and those around him.  I expect this kind of idiocy from euro-trash, people who see the government as a huge tit from which all their needs flow.  But from our own President?
 
Just for the record (since the fundamentals need a bit of clarifying these days):
  • People who work on Wall Street are not evil!
  • People are naturally and inherently self-focused, whether in business or in government!  (This is a good thing.)
  • People with money are not evil!
  • People who work hard to make a lot of money are not evil … even if they do not want to share it with you or me!
  • On any given day, government needs more regulation than does business.
  • In what’s left of this country, people who are willing to work 16 hour days, six days a week, can eventually make lots of money!  (People who sit on their butts will not.  Any questions?)
  • Insurance companies are not greedy!  (I know hundreds of men and women in the insurance industry, and all but two of the ones I know are either downright good or at least borderline nice.)
  • Capitalism is not about greed, but about opportunity for people to live and direct their own lives!  (If they make lots of money doing it, good for them.)
  • Capitalism does not exploit people!  (It creates opportunity … unlike overbearing governments.)
  • Wal-mart does a damn good job!  (It creates jobs and markets for hundreds of thousands of people who might otherwise be picking through trash heaps for a living.)
  • There’s nothing wrong with greed!  (Gasp!)
  • If greed were illegal, most of Congress would be in jail. 
  • Businesses do not  have moral responsibilities to do anything other than not break the law!  (Gasp again!) 
  • The purpose of a business is to make a profit!  (Ergo, being accused of being in business to make a profit is not a crime.  Honest.)
  • Capitalists make money when they provide goods and services that people want and for prices they are willing to pay.  (Hurray!)
  • Capitalists lose money and go broke when they fail to provide goods and services that people want and for prices they are willing to pay. (Tough … but there’s always next year!)
  • The purpose of a business is not to provide jobs, but to make a profit!  (Making a profit, however, will create jobs in the long run.)
  • It is very, very hard to start, build and keep a business successful!  (People who do it should be admired, not insulted.)
  • The government hasn’t a clue how to run a business.
  • Capitalism creates wealth!  (Countries with the freest economies are the wealthiest.)
  • Socialism destroys wealth!  (How long can we tax “only” the rich people before we have no rich people?)
  • Government needs to stay out of business … and business needs to stop looking to government for money! 
  • Government cannot “create” competition!  (However, it can get out of the way, even-handedly enforcing contracts and other laws, and thereby enable businesses to compete … and compete they will.)
  • When a business does make a profit, that is what creates jobs, generates tax revenue, enables people to buy and stay in their homes, donate to charities, and — yes, it’s true — afford health care!  (Making sense yet?) 
  • Accusing banks of not wanting to lend money is stupid!  (That’s what they do, so if they are reluctant to lend money, that means the risks are too high.)
  • The role of the government is NOT to run businesses, but instead to assure that rule of law allows others (as in business people) to run their own businesses! 
  • It is a disgrace to hear the President of the United States of America spewing out hatred – insulting and berating entire industries and businesses in this country.  
Final word: I am a capitalist and I’m darn proud of it. 
204 Lakeview Drive
Algoma, WI 54201
(920) 559-3722

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