If we had a real reformer in the White House, we’d see real estate values plummet in our nation’s capital as people long sucking at the teat of the federal government would have to find more productive uses for their talents and energies. Instead, we see the Washington, D.C-area weathering the great recession much better than other jurisdictions across the country:
The Washington Business Journal reports that while nationwide CEOs of top companies saw a 5.5 percent pay hike, Beltway-area CEOs saw a 37 percent raise — more than in any other city.
This may be yet another symptom of the new Giant Sucking Sound: the nation’s wealth rushing to the seat of government power in the wake of the Bush Bailouts and Obama’s spectacular increase of government’s role in the economy.
Other symptoms: DC’s housing market is the second-strongest in the nation according to one recent measure; the richest county in the nation, and 6 of the 10 wealthiest, are DC bedroom communities; and the area’s unemployment is the lowest in the nation.
The lesson is clear: government, not the free market, is where money is made these days.
But, since government does create wealth, instead as one politician might put it, just spreads it around, it soon too may have trouble finding the resources to pay for the extravagant habits of Beltway denizens.
POTUS candidate Obama talked about taking power away from the people & putting it in centralized government; unfortunately, most of the people did not listen. I heard this loud & clear.
However, Obama has overplayed his hand with ObamaCare & other naked power grabs. The political earthquake is coming this November to shake up the Obama White House & demolish the Obama Democrats like a house of cards built on sand.
Exactly! Which is why polls show the “political class” stand in complete opposition to the American people in supporting the Democrats agenda
…oops, typo! pretty sure you meant to say “does NOT create wealth”
Is that the same wealth and power as the ever expanding gap in wealth between the rich and the poor? Or is this different wealth and power? Is this the wealth and power of CEOs with golden parachutes? The same wealth and power as those receiving generous bonuses at the banking and financial firms that were assisted through TARP and bail-outs? Is it the same wealth and power that fought against financial reform? Is it the same wealth and power of those fighting against recension of Bush tax breaks for the wealthy (that would still leave those levels lower than in previous administrations)? Is it the same elite wealthy enough to actually benefit from getting rid of inheritance taxes? Is it the same wealth and power that’s now more free than ever to support campaign activities through company funds?
Is it the same bullshit argument of people that are wealthy enough to support small countries that they’re just too financially burdened supporting the government and therefore the lifestyle that made it possible for them to enjoy the nearly immeasurable wealth in the first place? God forbid they can’t buy another mansion or quarter million dollar car while the poor of the country are lucky to find a job to support themselves from financial ruin.
Meritocracy my ass.
The ignorant and dishonest arguments of a THIEF trying to justify STEALING.
No, Thief, government did NOT make it possible for them to prosper and create wealth, FREEDOM which comes from God, not from Government enabled that, and they owe NOTHING to government for their freedoms. Every law, every regulation government passes RESTRICTS the very freedom that makes economic growth possible!
Like jobs BUILDING MANSIONS and CARS. The housing industry and automotive industry are among the hardest hit. Because ignorant GREEDY THIEVES like you are so consumed with envy that you cant stop to think that everything the rich do with their money, from buying mansions, to cars, to jewelry, to saving and investing it creates jobs, investment and economic activity.
Here is the very simple difference between Constitutional conservatives and Fascist regressive thieves such as yourself — we would all like to get our hands on some of the rich’s money. But conservatives want to do it honestly, ethically, and honorably by providing the wealthy with goods or services that they are willing to buy
Fascist regressive thugs and thieves such as yourself, on the other hand, want to use mob rule and the force of government to STEAL it from them and justify it by saying they owe it to you.
And that’s why fascism has always, and will always be a thing of the left.
And the economy killing policies of this fascist Democrat government are driving us full speed into new financial ruin as even the wealthy are cutting back on spending to protect their own financial interests:
As spending by wealthy weakens, so does economy
The point is well made. The power, the money, the influence used to be scattered across the US in accordance with the principles of capitalism, and the presence of industry and corporations.
Citizens need to know this in order to take back the congress. Our tax dollars do not belong in washington permanently, nourishing the ruling class.
The top 3 wealthiest counties in the USA
1. $100,318 Fairfax County, Va.
2. $99,371 Loudoun County, Va.
3. $94,260 Howard County, Md.
Countervail believes that the rich have the economy tied up and they are keeping him form advancing beyond his night clerk duty at the Mountain View Motel and rooms by the week for the nearly homeless shelter.
Countervail speaks of “meritocracy” as if the uber rich didn’t earn it. No CEO with six golden parachutes got there by skullduggery and swindling. (Note: Bernie Madoff and Ken Lay had lead parachutes.) Companies that were bought and dismantled because their parts were worth more than the whole were in market trouble and on the downward slide. Ask Xerox or IBM about being on top of the corporate heap.
Meritocracy is constantly at work in the free market. The sharks eat the flukes for lunch.
Countervail mistakes “meritocracy” with the mediocrity of socialism. He believes in the iron ceiling where people have “enough” wealth and the government grabs everything above the “enough” level and gives it to the poor souls who have to rob 7-11’s to feed their habits.
Countervail sees failure and misery that goes unfunded by the rich. Whole neighborhoods of people who are living paycheck to paycheck and may not have a job tomorrow because the rich might close their place of employment.
So, he goes after the rich. How does it make sense that people who have fallen into near poverty will be better off if there is no one who will take an investment chance that would be a hand up? So, these unfortunate people have sell their stuff on eBay and shop yard sales to stock their push carts. Sounds like enterprise to me. And God help them if they get wealthy doing it. Countervail and the government will slap them with a meritocracy tax.
So, does Countervail have any problem with progressive hero John Kerry owning a yacht whose price-tag would have provided a year’s income to 10 middle-class families? Does he had a problem with Al Gore owning several mansions while thousands go homeless? Or does he only object to people who got wealthy by providing products and services that other people wanted to purchase?
For that matter, does Countervail have a problem with his hero, President Momjeans, using a private jet to transport his dog at taxpayer expense to a luxury getaway at Martha’s Vineyard, where he will hobnob with other rich Progressives who won’t part with a dime of their own fortunes to help the lower classes?
Furthermore, why does Counterveil support and endorse the tax-dodging Rangel and his enabler Pelosi? Why doesn’t Counterveil have anything to say about why his Obama Party takes a person who abuses the rent-control system to deprive others of housing and openly cheats the government by refusing to pay his own taxes and puts them in charge of writing tax policy and demagoguing people to pay more taxes?
And as far as “financial reform” goes, why does Counterveil and his Obama Party leadership support and endorse Congresspersons who demand Federal bailouts for failing banks owned by their own cronies and spouses?
This is why no one takes you seriously, Counterveil. You clearly don’t care about any of the things you rail about. You are merely an Obama Party shill and a hypocrite.
The GOP needs a leader who will hammer-home the new paradigm that it’s the Democrats who are the Party of Wall Street, Big Business and Big Labor. They don’t care about small business, the entrepreneur, or the worker at a small business who’s non-union. The Democrats don’t even care about farmers anymore…just Big Agro’ and their allies Big Pharma.
The GOP needs to drive a wedge between the struggling small business owner or small business executive who’s sweating-out a payroll…and the fat-cat Big Business exes. and his golden parachute and no sweat or sweat equity in the game. Between those who work hard and risk their own money, and the corporate-types on Wall Street, Big Business and Healthcare/Pharma who just play with “Other People’s Money” while protected by golden parachutes and government bailouts.
This has not been a failure of Capitalism…it’s been a failure of Casino Capitalization and the corrosive effects of Other People’s Money. It’s time for some GOP Leader to step forwards and deliver a “Cross of Gold” speech for the 21st-Century and revitalize Republicanism as a party of muscular activism as under Theodore Roosevelt…not as the “Party of No” against Obamaism.
Countervail has apparently turned tail.