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Political Information Last Updated: Mar 15, 2019 - 7:43:13 AM


Is Income Inequality Fair ?
By Walter Williams with comments by Ron
Mar 15, 2019 - 6:41:27 PM

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https://www.zerohedge.com/news/2019-03-14/income-inequality-fair

Authored by Walter Williams, op-ed via Townhall.com,

Some Americans have much higher income and wealth than others. Former President Barack Obama explained, "I do think at a certain point you've made enough money."

An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called "Every Billionaire Is A Policy Failure" tweeted, "My goal for this year is to get a moderator to ask 'Is it morally appropriate for anyone to be a billionaire?'"

Democratic presidential hopeful Sen. Elizabeth Warren, in calling for a wealth tax, complained, "The rich and powerful are taking so much for themselves and leaving so little for everyone else."

These people would have an argument if there were piles of money on the ground called income, with billionaires and millionaires surreptitiously getting to those piles first and taking their unfair shares. In that case, corrective public policy would require a redistribution of the income, wherein the ill-gotten gains of the few would be taken and returned to their rightful owners. The same could be said if there were a dealer of dollars who -- because of his being a racist, sexist, multinationalist and maybe a Republican -- didn't deal the dollars fairly. If he dealt millions to some and mere crumbs to others, decent public policy would demand a re-dealing of the dollars, or what some call income redistribution.

You say, "Williams, that's lunacy." You're right. In a free society, people earn income by serving their fellow man.Here's an example: I mow your lawn, and you pay me $40. Then I go to my grocer and demand two six-packs of beer and 3 pounds of steak. In effect, the grocer says, "Williams, you are asking your fellow man to serve you by giving you beer and steak. What did you do to serve your fellow man?" My response is, "I mowed his lawn." The grocer says, "Prove it." That's when I produce the $40. We can think of the, say, two $20 bills as certificates of performance -- proof that I served my fellow man.

A system that requires that one serve his fellow man to have a claim on what he produces is far more moral than a system without such a requirement. For example, Congress can tell me, "Williams, you don't have to get out in that hot sun to mow a lawn to have a claim on what your fellow man produces. Just vote for me, and through the tax code, I will take some of what your fellow man produces and give it to you."

 

Let's look at a few multibillionaires to see whether they have served their fellow man well. Bill Gates, co-founder of Microsoft, with a net worth over $90 billion, is the second-richest person in the world. He didn't acquire that wealth through violence. Millions of people around the world voluntarily plunked down money to buy Microsoft products. That explains the great wealth of people such as Gates. They discovered what their fellow man wanted and didn't have, and they found out ways to effectively produce it. Their fellow man voluntarily gave them dollars.

[Ron: Gates isn't really the 'second-richest person in the world'. The wealth of the Rothschilds' and their oligarchic controllers are NEVER included in the wealth statistics published by the Jew controlled MSM.  Arguably the rest of this author's opinions are equally falacious. Gates is NOT a Nikola Tesla. But even if he was, there is no justification for his extorting huge profits from the production and selling of technology gifted to humanity by Universe Management. And certainly there is NO justification for him stealing the ideas of others nor for his manipulation of the technology and endless creation of planned obsolescence that forces people to buy computer updates and accessories.

Moreover, WHY does this author think that Gates is justified in cheating on his taxes by putting his fortune into a tax free, pretend charitable Foundation?  AND WHY should tens of thousands of Indians and Africans thank him for using his wealth to ensure that they have been infected with polio and other ailments via vaccines? See eg: Bill Gates Faces Trial in India for Illegal Vaccine Testing on Tribal Children. See: http://abundanthope.net/pages/Health_and_Nutrition_37/Bill-Gates-Faces-Trial-in-India-for-Illegal-Vaccine-Testing-on-Tribal-Children.shtml

The Hidden History Of The Polio Vaccine And How It Impacts Today’s Acute Flaccid Myelitis: An Interview With Walter Kyle, Esq., Former Vaccine Court Claimants’ Attorney - http://abundanthope.net/pages/Health_and_Nutrition_37/The-Hidden-History-Of-The-Polio-Vaccine-And-How-It-Impacts-Today-s-Acute-Flaccid-Myelitis-An-Interview-With-Walter-Kyle-Esq-Former-Vaccine-Court-Claimants-Attorney.shtml

491,000 Children Paralyzed Over 17 Years, Indian Polio Vaccine Program Study Suggests - http://abundanthope.net/pages/Health_and_Nutrition_37/491-000-Children-Paralyzed-Over-17-Years-Indian-Polio-Vaccine-Program-Study-Suggests.shtml

If Gates and others had followed President Obama's advice that "at a certain point" they'd "made enough money" and shut down their companies when they had earned their first billion or two, mankind wouldn't have most of the technological development we enjoy today.

[Ron: If Gates and others "shut down their companies" mankind would STILL have "most of the technological development we enjoy today"! Other entrepreneurs and even the originators of some of the technology purloined by Gates et al, would continue the process. Gates and Zuckerberg et al are really pirates stealing ideas and wealth from inventors and the public. The suggestion that they have earned their excessive wealth is risible.].

Take a look at the website Billionaire Mailing List's list of current billionaires. On it, you will find people who have made great contributions [Ron: cough! cough!] to society. Way down on the list is Gordon Earle Moore -- co-founder of Intel. He has a net worth of $6 billion. In 1968, Moore developed and marketed the integrated circuit, or microchip, which is responsible for thousands of today's innovations, such as MRIs, advances in satellite technology and your desktop computer. Though Moore has benefited immensely from his development and marketing of the microchip, his benefit pales in comparison with how our nation and the world have benefited in terms of lives improved and saved by the host of technological innovations made possible by the microchip.

The only people who benefit from class warfare are politicians and the elite; they get our money and control our lives. Plus, we just might ask ourselves: Where is a society headed that holds its most productive members up to ridicule and scorn and makes mascots out of its least productive and most parasitic members?

[Colour fonts, bolding and comments in square brackets added.].

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Bill Gates Faces Trial in India for Illegal Vaccine Testing on Tribal Children. See: http://abundanthope.net/pages/Health_and_Nutrition_37/Bill-Gates-Faces-Trial-in-India-for-Illegal-Vaccine-Testing-on-Tribal-Children.shtml

Bill Gates Says Global Vaccination Program is "God's Work". See:http://abundanthope.net/pages/Political_Information_43/Bill-Gates-Says-Global-Vaccination-Program-is-God-s-Work.shtml

Bill Gates Oral Polio Vaccine Cripples 47,500 Children. See: http://abundanthope.net/pages/Health_and_Nutrition_37/Bill-Gates-Oral-Polio-Vaccine-Cripples-47-500-Children.shtml

 

The Hidden History Of The Polio Vaccine And How It Impacts Today’s Acute Flaccid Myelitis: An Interview With Walter Kyle, Esq., Former Vaccine Court Claimants’ Attorney - http://abundanthope.net/pages/Health_and_Nutrition_37/The-Hidden-History-Of-The-Polio-Vaccine-And-How-It-Impacts-Today-s-Acute-Flaccid-Myelitis-An-Interview-With-Walter-Kyle-Esq-Former-Vaccine-Court-Claimants-Attorney.shtml

491,000 Children Paralyzed Over 17 Years, Indian Polio Vaccine Program Study Suggests - http://abundanthope.net/pages/Health_and_Nutrition_37/491-000-Children-Paralyzed-Over-17-Years-Indian-Polio-Vaccine-Program-Study-Suggests.shtml

Anti-Vaccine Japan Has World’s Lowest Child Death Rate & Highest Life Expectancy - http://abundanthope.net/pages/Health_and_Nutrition_37/Anti-Vaccine-Japan-Has-World-s-Lowest-Child-Death-Rate-Highest-Life-Expectancy.shtml

Polio or Something More Sinister ? (Repost) - http://abundanthope.net/pages/Health_and_Nutrition_37/Polio-or-Something-More-Sinister-Repost.shtml

Is the Polio VACCINE Causing the New Polio? See: http://abundanthope.net/pages/Health_and_Nutrition_37/Is-the-Polio-VACCINE-Causing-the-New-Polio_printer.shtml

Pakistan police arrest hundreds of parents refusing to vaccinate kids with deadly vaccine causing paralysis epidemic. See: http://abundanthope.net/pages/Political_Information_43/Pakistan-police-arrest-hundreds-of-parents-refusing-to-vaccinate-kids-with-deadly-vaccine-causing-paralysis-epidemic.shtml

Gates Foundation Funds Surveillance of Anti-Vaccine Groups. See: http://abundanthope.net/pages/Political_Information_43/Gates-Foundation-Funds-Surveillance-of-Anti-Vaccine-Groups.shtml

Bill Gates wants to register all new babies on the planet for vaccines. See: http://abundanthope.net/pages/Health_and_Nutrition_37/Bill-Gates-wants-to-register-all-new-babies-on-the-planet-for-vaccines.shtml

Bill Gates Pledges Allegiance to the Illuminati. See:http://abundanthope.net/pages/Health_and_Nutrition_37/Bill-Gates-Pledges-Allegiance-to-the-Illuminati.shtml

Vaccinate to Depopulate But Do It On the Cheap! Bill Gates in Cut Price Genocide Plan!. See: http://abundanthope.net/pages/Health_and_Nutrition_37/Vaccinate-to-Depopulate-But-Do-It-On-the-Cheap-Bill-Gates-in-Cut-Price-Genocide-Plan.shtml

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