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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (12294)10/26/2021 11:22:43 PM
From: Kirk ©  Read Replies (1) | Respond to of 26721
 
But only the very naïve will believe the government will redistribute the pillaged loot via taxation any better than the system that at least lets the talented rise to the top.

Just look at the current leaders in the US where they come right out and say that they want taxpayer dollars to be spent based on race, gender and sexual orientation rather than merit. Just look at how Al Gore and Bill Clinton got SUPER wealthy after leaving office without any real talent that created anything of value. You can argue Bush 43 rose to the top based on being the son of Bush 41, but he also had enough talent to fly fighter jets and be a CEO of a successful company that had to make payroll. Obama came up from nothing against heavy odds but stacked in his favor BECAUSE of his race that gave him affirmative action help. He was smart enough to take advantage and made the most of it. Trump rose to the top by being a con man. Harris got her start in politics when she was the 29 year old consort of one of the most powerful 60 year old black men on the planet (Speaker of the House in CA who later became the SF mayor when we termed him out.) Biden is an example of the Peter Principal.

Anyway, no system is perfect but I don't think anyone has invented one better than capitalism and it is hard to find any more corrupt than big government, in any country. So, I still like to keep the money with the guys and gals with the great ideas and tax it when they die or cash in.