Dabullz
Registered on Apr-14-2003
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Message #173426 posted by Dabullz (Info) March 18, 2008 11:28:53 ET
In Reply to: Re: Obama on religion and politics posted by puffgeezer (Info) March 18, 2008 10:25:33 ET
Puff, obviously Shoot, if he chooses to do so, will provide a far more insightful, erudite, specific and overall cogent answer than I, the bastard! ;)~
I will take a few of your arguments and counter them with the dull edge of my understanding.
The tax system does not favor the Golden Class. The Golden Class already funds the entire federal government. You and I have traded statistics regarding this reality. The top 5% of income earners pay 50% of the total tax burden, the top 15% pay 85%, and the bottom 50% pay only 5%.
Mind you, many of these folks aren't already wealthy i.e. physicians who finish residency with $200,000 of medical school loans pay the same percentage of their income than a CEO of Kraft. I would gather that a majority of those who are in the 5% have an overall negative net worth if you factor in a mortgage.
You make an argument regarding the outrageous salaries/bonuses of CEOs and other higher management folks. You also suggest many others would do the same job for much less. I would argue that you are making a fallacious assumption that successfully managing a massive corporation is somehow possible for many folks. If that were the case, then the compensation, in our free market, would be far less. There are very sound reasons why a CEO might make $50,000,000 per year in salary and bonuses while the janitor of my children's school makes $16,000 per year.
Very, very few people have the ability to run a Fortune 500 company. Hence, the compensation level. We see this in every industry. Tiger Woods made $80,000,000 last year. Only he is skilled enough to demand such pay in his field. The examples of abuse that you use are indeed disgusting, yet, I believe that this is the exception rather than the rule.
You also suggest that the level field isn't even. I argue quite the opposite if you are talking about the larger "systems" of our society. For instance, in my son's 2nd grade class, any one of those kids have the same opportunity to become a CEO, Senator, Physician as any other. The Clintons, both of them, came from lower middle class backgrounds and have risen to the greatest heights. As has Mr. Obama.
The biggest determinant, IMO, the one that the gubbyment can't change, is the family. The little orphan in the picture I posted - think about him - put him in a functioning family that values education, and guess what? He will be successful.
I appreciate that Mr. Obama has surely shown the ability to speak of transcending this and that. Speaking and doing are 2 very different animals - he has shown very little ability to actually do any transcending and has been slowly exposed for what he really is - a far left ideologist.
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