tag:blogger.com,1999:blog-53246864840716464.post8550733742828372545..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: It's a Myth that Conservatives Accept Rampant InequalityUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-53246864840716464.post-63622962147147205792011-02-15T06:08:22.962-08:002011-02-15T06:08:22.962-08:00When my conservative friends tell me that the rich...When my conservative friends tell me that the rich deserve the money they 'earned' and they're against income 'redistribution', I tell them this:<br /><br />They didn't earn it. I tell them that yes, it's that simple. Is charging 352% interest on desperate people at a payday loan center 'earning' their money? Is that what Republican Jesus would say? Is using their influence to sway laws to give them an unfair advantage in business 'earning' their money? Is sitting on your duff in between rounds of golf while your bank makes usurious loans 'earning' their money? Is creating money out of thin air 'earning' their money?<br /><br />We know that things changed when we went off the gold standard and that government spending equals private savings. The money the government spends has to go somewhere so where did it go? Besides paying Iraqis and Afghanis to stop shooting at our soldiers, where did it go? The answer is obvious in the many links this blog has pointed out. It went to the banksters and oligarchs, producing the greatest inequality in wealth since the Depression, an inequality that always destroys democracy. If we have a 14 trillion dollar deficit, how much of that spending went to Main Street? <br /><br />We are reliving history because we're too stupid to learn from it. I imagine one could dig up the same arguments as before when we had to raise the tax rate to 90% on the robber barons of past. I'm sure there are still newspaper articles out there somewhere from that period that mimic the same arguments for and against what we had to do back then to save our country.<br /><br />The Brits get it- http://www.onegoodcut.org/<br /><br />When will we?Unknownhttps://www.blogger.com/profile/13546208170365189245noreply@blogger.com