Tuesday, May 04, 2010

At what point, exactly, did Bill Gates make 'enough money' on his road to earning billions, much of which is devoted to medicine and charity?

From Director Blue:

How much money is "enough"? That's the question a reporter with cojones -- if such an animal still exists -- should ask the President after his infamous and revealing remark Saturday. And yes, if you were wondering, he went off-script and ignored the counsel of TOTUS.

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned.

I mean, I do think at a certain point you’ve made enough money.

But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

The President and his wife made $5.5 million last year. Is that enough money?


How about Al Gore, who is said to have earned up to $150 million promoting the 'global warming' scam (or is it called 'climate change' now, I forget?). A man who, at last count, had at least four luxury homes scattered throughout the world including his latest acquisition, an Italian-style mansion with ocean views and nine bathrooms, in Montecita, California. Is that enough money?

What should we make of Larry Page and Sergey Brin, the founders of Google? Little more than ten years ago, they were college students struggling in their dorm room to create a new way to search the web.

A decade later, Page and Brin were worth a combined $36 billion as the founders of Google.

What economic illiterates like Obama can't or won't understand is that wealth disparity is wonderful. It allowed Page and Brin to create and grow a company from whole cloth, employ thousands and produce hundreds of other millionaires. Those millionaires, in turn, often invest, fund their own startups, employ others and create new avenues for wealth creation.

A question for President Obama: at what point during their journey to create and build Google had Brin and Page made 'enough money'? Should they have stopped at, say, $10 million apiece?

The current crop of Democrat leaders are among the dumbest folks ever to serve in positions of power. Think about it: Pelosi, Biden, Reid and Obama. They're all economic illiterates. Have any of them held a real job, ever?


Democrats believe in their hearts that economics is a zero-sum game: if Page and Brin made more money, it's because they stole the food out of others' mouths. A more idiotic fallacy you'd be hard-pressed to invent.



Click on the title above to read the whole thing.

3 comments:

revereridesagain said...

When that silly bitch at the antiques shop said the same thing to me today the sick part is she's one of the fools who put this fucker in office. Obama isn't just an economic illiterate, he's what Rand's novels call a LOOTER. Can't create anything on their own but think they have all the entitlement in the world to tell productive people how much they can make and confiscate the rest. Try pinning one of them down as to exactly how much they think any given person should make and watch them squirm. They're not used to being challenged, they usually only talk to each other.

Speaking of Gore, IowaHawk just went all Citizen Kane on his ass. As usual, it's a hoot.

Pastorius said...

I love Iowahawk.

christian soldier said...

OK-I'm thinking too small here!! My new goal is a home on the shore of a large body of water and my own - personal-jet---now that I know that Al Gore has
"...at least four luxury homes scattered throughout the world including his latest acquisition, an Italian-style mansion with ocean .." and his own personal jet (s?)
..I'm going to increase my vision!!!!:-)
C-CS