Being that Elizabeth Warren is, apparently, a Democrat out of Massachusetts, I don't doubt she believes this quote wholeheartedly.
As for me, well, I have my reservations. The beginning statement--that no one gets rich on his own--is more or less true. But you know what? Corporations don't succeed by just taking, either.
"You hired workers the rest of us paid to educate." So...the shareholders of a given corporation pay no taxes on their own? They don't pay into schools? They get to bow out of that? Huh. I had no idea.
I could fisk this point-by-point, but really, why should I? It all boils down to the same thing--there is no "the rest of us paid". This nonsense that corporations, as a whole, contribute NOTHING to society is just that--idiocy so transparent and plain that anyone with a speck of sense should immediately be able to grasp the fatal flaw with this quote.
Elizabeth Warren may be the daughter of fishermen. She is certainly fond of red herrings.
Tell ya what, Ms Warren. If you think "the rest of us" paid for all of this stuff that benefits corporations and they have nothing to do with it...Let's go ahead and take corporations out of the equation.
Oh, wait. She's from Massachusetts. They're already doing that, apparently. (I could link a whole bunch more stories, but since I decided to use one word per post of JayG's, I totes ran out of words before I did stories. But that's okay, 'cause I'm now going to link a few more in this sentence.)
Y'all let me know how that works out for you, okay?
6 comments:
I wonder if she has any idea how idiotic her statements sound to anyone with more than a double-digit IQ?
Will all those people be there working the long hours a CEO or a sole proprietor works to make a business a success?
Will all those people be there when the business owner is trying to figure out hundreds of pages or tax code or regulations?
Will all those people be there so the business owner can go see his kids in a school event instead of fixing someone's car or air conditioner or staying late to get out a hot order?
Will all those people be there contributing their money so the workers employed in that factory get paid, the suppliers get paid, the insurance premiums are met, the people providing training for his employees are paid?
She shows her absolute ignorance (or worse, communistic views) when she says "pay forward for the next kid" -- that is what business owners do every day.
(if your goal is to post things that get my blood pressure up, you are doing a good job)
*applause*
You're giving her a fairly unsympathetic reading, and I think you know it. She's never said corporations never contribute anything to society.
Do you know how much Whirlpool had in corporate taxes last year? Do you know how much GE paid in federal income tax? Do you know how much the Bank of America paid in federal income tax last year? Nothing. Not a single penny. That's what she's upset about. And that's why, just a week after announcing her candidacy, she's already beating Scott Brown in the polls.
Anonymous,
You say that corporations aren't paying taxes?
Really?
So who is providing the money for the employees to pay income taxes?
Who is providing money for people to buy gasoline -- and pay the boatload of federal taxes on it?
Who pays truckers MILLIONS of dollars to buy diesel fuel and pay federal fuel taxes?
Before you start jumping on corporations --maybe you can ask some of the 47% of the American Citizens who pay not a penny of federal income taxes to pony up, eh?
You're giving her a fair reading
Fixed that for you, Anonymous. Ms. Warren might well not have said corporations never contribute anything to society, but she sure as hell implied it. And I'd be willing to bet there's more to Brown's lagging in the polls than Mass. voters swallowing her collectivist bullshit.
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