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Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (5946)11/11/2011 4:53:20 PM
From: grusum  Respond to of 7936
 
Put bluntly, Bill Gates billions do not make me or anyone else poor. In fact, his billions make it possible for a lot of folks to improve on their economic circumstances. Bill goes out and buys a lot of stuff or just gives his money away in Africa and people will then go out and make standard purchases with these funds. No one has lost anything, not a dime.

put even more bluntly, the world is better off if gates gives none of his money away. the money power of concentrated wealth makes the world wealthier. the wealthier the world is, the easier it is to make more money. concentrated wealth can build more industries than less concentrated wealth can. it may sound counter intuitive, but concentrated wealth helps many more people than giving it all away would help.



To: TimF who wrote (5946)11/13/2011 7:45:20 PM
From: tejek  Read Replies (1) | Respond to of 7936
 
Like marathon races, market processes do not involve what happens in a boxing ring–no one is knocked out so that another may be triumphant. Yet it seems nearly all those who sympathize with the people marching in the Occupy Wall Street parades, as well as the people who speak up for them in their midst, fail to see the difference.

Nonsense. Facts don't lie; only would be pundits. The wealthy in this country have been gaining at the expense of the poor and the middle classes. That's what the facts tell us despite the lies promulgated by the right.

And those of us who support OWS do know the difference. That's why we are so angry.