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Posts Tagged ‘finance’

The second paragraph of the Declaration of Independence of the thirteen united States of America opens with these much quoted words…

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness.–

At the time Thomas Jefferson penned these words, this world was a much different place and the accepted criteria for the term ‘man’ was also different. Mr. Jefferson, you see, was writing for and about his peer group, Caucasian men of business who by their own talents, business acumen, and management skills, had created a certain amount of wealth and standing in their respective communities here in the New World. So when he wrote the words ‘all men are created equal’ he did not literally mean ‘all’ at all. The footmen who served at his and his peers tables and the coachmen and gardeners who serviced their estates were not under consideration here. Succeeding generations seem to have missed this very salient point. This constitutes the Error of Equality.

The people in these men’s communities appointed these business leaders to hammer out the political semantics by which they could all prosper according to their individual lights. All the fifty-six signers of the document were such men. There were no second footman, coachmen, or apothecaries assistants asked to sign this document. It was not written to express the opinions of the servant class in the colonies, and while the above mentioned were certainly male, they were not considered men in the public sense of the word. Servants, along with women and slaves, were considered dependents, and it was understood by all that they would be considered and provided for by the men who employed them or stood as father, husband, or owner.

The men of the British Isles were accustomed to have a say in public affairs through the process of voting and this custom was imported to the colonies. What American’s today do not remember or have never been taught is that not all men could vote, not even back then. Voting was a privilege earned through sound business practice, it was never considered a “Right” granted automatically upon coming of age to just any old body. A man had to be a property owner at a certain pre-determined monetary value in order to be allowed to vote in his community. This was true on both sides of the Atlantic. Since the colonies were populated at their beginnings by men and women who came to this country expressly to create their own properties it was generally and universally accepted that all voters in the colonies were experienced business people and at the beginning of this country, this held true. As the colonies prospered and filled with immigrants from Europe and the British Isles, this standard came under assault simply from the press of an increased population of immigrant workers with their immigrant worker mentality. When Women’s Suffrage came into play, a butt-load of feminine emotionalism was added to the immigrant worker mentality so that the sensible business standard upon which America got it’s start was totally overwhelmed by the touchy egotism of women and under servants, and now every political decision made in America today is based on lower class egotism and feminist emotionalism rather than good sound business practice. Is anyone out there still wondering where the national deficit came from?

This is a true and accurate account of our financial history, simply put, for the edification of the average reader. It is capable of almost infinite refinement for the more advanced but I will leave that to those who can lay legitimate claim to such advancement.

In a word, it has not been a good or a productive idea to give the management of this country over to women, children, and day laborers via some grandiose idea of voter equality rights. I remember during the Vietnam police action the antiwar “activists” made a big stink about drafting boys to fight at the age of eighteen but not allowing them to vote until they were twenty one. Anyone else remember that? Oh My God! That was soooo unfair! I do not remember anyone bothering to answer these dilettantes at the time but I do remember thinking—it doesn’t take any brains to kill someone, it does take some multilevel thinking to guide a family, city, state, or nation on a stable, prosperous path. A quality you will not find prominent in eighteen year olds of either gender. Using the antiwar activist standard of public fitness, we might have saved a certain state millions in legal costs and incarceration fees and simply elected Ted Bundy as President. He killed lots of people.

Alieff Farwell

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I am going to make just one point in this particular post because it is so major, I want you to just ponder on its implications.

Poverty is not an inalienable, unescapable, incurable condition of life on this planet. It is an entirely artificially created condition, created by a very few select men and women who find themselves in a position to do so.  People are poor because these very few, who are making multiple millions and even billions of dollars of personal profit from various necessary businesses do not pay their employees a generous wage out of these obscene profits. They could well afford to do so.

That’s all.

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In my last post I gave a little background on the principles on which this great country of ours was founded. It was not founded on political rhetoric, religious rhetoric, or even financial rhetoric. It was founded on sound, for-profit business principles and was originally colonized by people who understood these principles. This is how the colonies became strong enough to throw off the rule of Great Britain and is the only reason the revolutionary war was fought. Our war for independence was not fought for ideological reasons of any kind. It was fought over money and taxation. The colonists wanted the taxation practises of the mother country to be fair, and moderate enough to allow all the people being taxed to sustain a prosperous lifestyle. We now have a movement in conservative politics called the Tea Party, after the original patriot version of the same name. It is fighting for the same causes that our founding fathers did–money and taxation.

We have raised up in this country a generation who have what I have heard called “the entitlement spending” mentality. An increasing number of voters who believe it is the state or federal governments job to see to it they are doctored, fed, clothed, housed, and provided with an ample supply of spending money.  The roots of this generation go back to the time of the Civil War. Before this era, Americans fully expected to earn their own living whereby they provided for their families and other dependents. Generally, “other dependents” in the north meant servants/employees, in the south, slaves.

This “entitlement” generation has sprung from the least educated and therefore the lowest income bracket of the preceding five generations. The domestic servants, farm laborers(not owners), shop and business clerks, street sweepers, chimney sweepers, and the newly freed slave populations in the south. The wage earners as opposed to the wage generators. The people who depended on but did not have to actually run a business for their livelihood. The people who generally had their necessities met without the worry or headaches involved in the hands-on management of the for-profit business that generated the revenue for them. In a word, the servant/slave mentality, acquired through many generations of ordinary people who were accustomed to having the “master” provide all the items still expected by their entitlement mentality descendants. This is the mind-set that grew up in the farm kitchens, domestic servants halls, slave quarters and carriage houses of the Civil War era and has now embedded itself in our public forums like so much bindweed in a border. The legislative mentality that is in a fair way to choking the life out of our entire economy. The “entitlement spending mentality.”

The descendants of this group are the people who passed the social security measure during the Great Depression, and the revised-to-target-the-individual income tax amendment before that, sometime around WWI. You see I am tracing the timeline backward to the source of our current fiscal difficulties which are found in a certain segment of our people and not in our legislative process.

These entitlement spending supporters base their legislative goals on spite. Their spending criteria are motivated by a let’s screw the “rich” people, they deserve it, mindset. Why? They perceive “rich” people as being “the enemy” for some reason. Again, why? If an individual cannot be allowed to prosper in peace in this country, if parents are to be penalized for leaving their children well provided for, the country itself will certainly not prosper. It is not prospering now, is it? My thoughts on this are not new by any means. There was a cagey old Greek by the name of Aesop who wrote a fable about this subject awhile back. It was about a dog and his bone. Look it up sometime. It sets forth in very simple style why our nation is not prospering under the sway of this entitlement mentality.

It is now time to call a halt to the hostilities in the class war that have been moving our legislation for the last fifty years.  The “poor” against the “rich.” Those of you who have been so anxious to prevent “rich” people as though they were some kind of social disease have shot yourselves in the foot. You’re scared about your old age pensions now and basically, you deserve this.  You passed all the legislation you could think of to deprive “rich” people of theirs.

Me? I’m a conscientious objector in this war. It is against my American principles of justice and fair play to grudge people their wealth. Even if their parents left it to them, it is still not mine or really any of my business. We are not going to win the war on poverty by shooting rich people and I won’t support the notion that we should quietly strangle them with legislation either. This has been tried and the result is that now “poor” people have found their own heads in the noose instead. Sorry folks. This is no more than justice.

My next post will be–The War Against The Poor.

 

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In my continuing series of war stories, I will now touch upon a subject that will dismay and repel a great many people, especially those in the democratic party of these United States. The war against the rich. Bear with me while I give some necessary historical background.

After the new world was discovered there followed by natural cause and effect, a period of colonization by the major players in European politics at that time. Companies were founded by men who had the capital to invest. For those of my readers who don’t know what “capital” is, think of it as money acquired by an individual that is over and above what is needed for immediate living expenses. What we all think of as “wealth.” These companies were granted charters by the various crowned heads in Europe giving specified land territories in exchange for financial considerations related to trade and import/export income possibilities.

In order to sustain their companies standing in the eyes of “the crown,” these men had to recruit colonists. Men who combined within themselves the skills, personal initiative, and just plain physical courage needed to move into an unknown and untamed wilderness and build businesses that would turn a profit. In only one case I have been able to discover did these investors come themselves to face the dangers and uncertainties of the new world. They recruited men able to work without supervision, that is, men who could conceive and execute a financial plan all on their own, do the initial physical labor involved, and hire other men who would be able to add their own skills to the enterprise. And of course, these men would bring their wives and children with them, man not being a solitary animal by either choice or instinct. And the women married to such men had also to be self motivated, possessed of many skills and physical courage or they would not have survived in the new wilderness. No women, no children, no men, no colony, no profit. Thus were the majority of the colonies of the new world founded. There was at least one founded as a criminal justice colony but that is for another war story.

Dear Readers, prepare yourselves now for an unimaginable horror. Most of you have taken up the history of these United States after the Declaration of Independence of 1776. “All men were created equal” and that sort of thing and you believe that these are the principles on which  America was founded. This is not so. America was founded, colonized, and survived, on the principles of good sound business practise.

The revolutionary war came of Great Britain’s refusal to adhere to them after establishing a for-profit colony built by free men. “No taxation without representation”, was the rallying cry of the original “Tea Party” patriots.  America grew into a nation to be reckoned with by the everyday, personal efforts of those men and women who, as individuals, understood and of their own initiative, used good, sound business practises for their own profit, the profit of their employees(they were paid you know), and the profit of the original investors. America is now almost on the rocks of financial insolvency(witness the current debate on the “debt ceiling”) because the majority of voters have lost sight of this very major fact of our beginnings.

Somewhere between the eras of the Civil and the Second World Wars, Americans came to view their government as a source of unearned income for the masses. The focus became public “welfare” benefits and not free, individual, profit bearing initiatives. Somewhere in here there arose a notion that “rich” people were responsible for providing for “the masses” out of their own pockets because that was “fair,” without any thought as to where those “rich” people actually got their money. Somewhere within this time period it became a crime against all americans to be “rich.”

I have entitled this post—-the war against the rich. It ties in to the earlier American Dream posts in this blog because what is the American Dream if it is not that a person from the lower-income brackets can, by his/her own initiative, become “rich?” I have laid out the basic shift in our original expectation of legitimate individual profit to government-funded, unearned income. My next post will be a more in-depth examination as to just why and how this shift occurred and just how it is now a crime to be “rich” in America.

My next post will be—-The War Against The Rich–continued

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