Hi Chip,
Re: This Guys out-of-his-blinking mind....!
Where the hell is he going to get the money to run the country...!
Unlike you, I find O'Neil's policy positions to be breathtakingly refreshing. Now we all know what a mess of welfare entitlements the Federal larder provides, social security, medicare, all the other programs. Why, it's a national disgrace that we have sooo many people who are relying on government instead of their own gumption to get by in life, especially with all the great opportunities for second careers and second jobs for 70 year olds. Who are in better shape than ever in history. So, I say, hooray to O'Neil for his call to simplify the accountancy for corporations. Heck, we know they all run two sets of books now, due to the tax code. This is highly ineffient. It would be so much wiser to allow the corporation to have to run only one set of books, with all profits not only sheltered from tax in this country, but I'll even one up Mr. O'Neil and suggest that all corporate profits be siphoned off to the off-shore accounts of all the corporate honchos and board of directors so that they have no personal tax liability either. Think about it. It's brilliant. Then all the corporate types can avoid all social responsibilities! What a delightful change from the present morass, don't you think?
So, Chip, I think you miss the point of Mr. O'Neil's brilliant vision. He doesn't need to have any money to "run the country", as you so quaintly put it. Because he clearly has a vision of the USA becoming much more like the rest of the world. A struggling third-world nation of plutocrats and beggars. What could be more fair?
The Fool on the Hill |
