by Tommy Davis
I had a fellow state to me that Republicans are for big business and don’t care about the black community. He went on to spew forth how they (the government) should tax the rich and provide tax breaks to the people at the bottom. He seemed to blame the deficient economy and the state of the black community on capitalism and the Republicans. Thus, he voted Democrat.
When street thugs rob at gunpoint to pilfer possessions from another person it is another example of misguided hoodlums who feel that they cannot —and will not— compete for a share in our economy. They believe that they must deprive others of their material goods in order to gain an economic advantage. Armed robbers must continue to commit crimes because their income will only resume through swindle. Lacking the intellectual capital and patience to participate in the free market, they cheat and steal from those who possess wealth.
Time after time the media reports this kind of action and it is justified by shifting the blame to a legacy of slavery, racism, fiscal predicament, or capitalism.
Political speeches about taxing the rich and redistributing their wealth are no different than a robbery that hasn’t yet turned bad. When liberal socialists go after companies who make an honest living and attempt to redistribute their wealth (communism) they are stealing. If big business fails, there are no employees to provide with a tax break because they will lack employment.
As a Republican I understand that businesses manufacture a product that consumers purchase. Therefore, a fair exchange takes place. When those consumers turn around and accuse business owners of making too much money, this is nothing short of envy and wanting to “buy” the cake, eat it, and then want your money back. Also, such folks elect government officials who will penalize companies for being successful by taxing them severely; this is nothing short of criminal —- professional stick-ups that results in loss of capital that translates into unemployment and higher prices.
Entrepreneurs did not become wealthy by swindling citizens out of money. Companies satisfied the consumer by providing a product or service. When Henry Ford mass produced the automobile, the Ford Model T, he provided a manufactured good that pleased the world. We bought it. The Fords got rich. In the process, the company created a middle class who put in the work. In 1913 Henry Ford paid his employees at a rate of $5.00 per day which was the highest wage in manufacturing at that time! Profits were good until competition, coupled with collective bargaining agreements, entered the picture. Vehicles were priced too high and were less efficient than the competition.
Pathetically, now the government (under Democratic control) wants to borrow money from me (the taxpayer) to “invest” into companies “too big to fail”. Rather than provide me with a dividend (at least a discount), they want to sell me the product I help build. That’s like borrowing my car to burglarize my home only to turn and sell me my stuff back.
It doesn’t matter if Obama is president. The community (especially the black community) will still suffer because the problems are self inflicted. Those black folks who voted for Obama just because he’s black are racists and no different from the Southern Democrats who initiated the poll tax to keep white candidates in office and poor blacks from voting despite the possible economic advantage.
He will not “change” the 50 percent school drop-out rate among African-Americans, or the 70 percent illegitimacy rate regarding two parent households in black communities; and he will not transform the high murder rate (over 50 percent) committed by black males in this country.
If blacks do not save, there will be check cashing centers in predominantly black neighborhoods with a five dollar fee rather than commercial banks. There will be corner stores and clothing outlets rather than grocery stores and malls. If the police are too busy, Wal-Mart will never open a store within the city limits.
The same candidates who say that they will create jobs are promoting the very policies that cause businesses to lay off employees and slow production. The same candidates who are soft on crime are the same ones who “prevent” businesses from opening in certain communities.
Governments do not create jobs. Citizens generate employment by starting businesses constructing products that benefit society. They hire the labor to bring this innovation to pass. The government’s job is to supervise fair enterprise—-not socialize. The proper role of supervision is to create an atmosphere for growth. This involves cutting taxes to free up reinvestment capital for business owners; improving public safely, and prohibiting business regulatory fees implemented to raise money.
Time will tell how many government robberies will bring about the fatal wound to our financial prudence. In other words: time will tell which straw will finally break the camel’s back.