Transfer of wealth

TRANSFER OF WEALTH is the new hot term, popularized by the Left to explain why everyone is not prospering.

New ImageI am curious. Who is doing this “transfer”? Is it some individual, some cabal, who?

But it’s a great-sounding phrase that purports to explain why some people are more successful — sometimes flagrantly so — than others.

Wealthy people are rich because they stole money from the poor, or some pals “transferred” it to them.

First off, this notion is based on the false premise that a set amount of wealth exists, the “zero-sum” concept. If A gets richer, then B obviously grows poorer in the process.

This can be true. If Joe, with a NRA-approved Glock G21, pulls Moe into a dark alley and steals his wallet, then Joe has grown richer by transferring money from Moe.

But this is not how successful people get wealthy most of the time. Usually they do it because they are ambitious, intelligent, shrewd, patient, focused — and often lucky.

Poor people are usually poor because they lack one or more or all of those characteristics. Sometimes they are drunks and drug fiends too, none of which creates a good life.

Plus, do not discount just plain laziness.

(Note: I am referring to the Developed World, the traditional Land of Opportunity and Liberty. Other factors come into play in the Underdeveloped World.)

Okay, so you cannot name an individual or cabal that is doing this “transferring of wealth.” But that leaves one alternative, and it is the biggest wealth redistributor on the planet:

Government.

Democratic governments generally transfer wealth from the rich to the poor because there are more poor people, and they can vote. It is self-serving. Think Obama.

Non-democratic governments transfer wealth from the poor to the rich, which is to say the ne’er-do-wells grasping the reins of government. Think Somoza, Duvalier, Stroessner, etc.

People who decry “wealth transfer” these days ironically favor more government. They support guys like the old, wild-haired, irrational, openly socialist Bernie Sanders who wants up to a 90 percent tax rate on successful people.

Taxation is wealth transfer.

Since successful people are major job creators, taxing them into the soil is counterproductive. It slows economies and makes poor people even more poor. It is egregiously stupid.

People who support more government “transfer” of money are usually good-hearted folks. They mean well but are Utopians, out of touch with the reality of our flawed world.

If Americans are struggling financially these days — and many are — it’s due to bad government policies. It is no mysterious individual or group that’s “transferring” wealth.

So the Left actually supports “wealth transfer.” It just wants the transfer done according to its own rules. It wants to rob the successful to prop up the less-successful. It’s just “nice.”

The hard left of communism always fails (see Cuba, the Soviet Union, etc.) and the more moderate left of socialism, a softer touch, (see much of Europe) results in slogging economies.

Government can be good, but it must also be smart.

Wealth transfer belongs in the open marketplace where it’s a positive force. It’s called Capitalism.

Liberty and free markets make the best world, the best life for the most people. Sure, some will remain poor.

There’s no cure for that.

* * * *

(Note: The Left uses the term “transfer” because, to them, it is better than voicing the bald truth. Some people are far more successful at earning money than others. But this inequality of outcome doesn’t seem nice or “fair” to them.)

(Tip of the sombrero to Laurie La Gringa , who embraces “the Bern,” inspired this post.)

Bernie’s bunny hole

bernieLOTS OF AMERICANS are scurrying down the Bernie Hole. That would be Bernie Sanders, the socialist candidate who’s running for president as a faux Democrat.

hillBut before we start chuckling at Bernie, let’s get some laughs from the entire Democrat end of the Great Divide.

On that side, we find just two candidates: The humorless, charm-challenged, battle ax and future felon Hillary Clinton and the quasi-Democrat but admitted socialist called ole Bernie.

joeLurking in the wings is the aging, foot-in-mouth, groping, leering Joe Biden, an old pol who cannot keep his hands off good-looking women within grab-ass distance. That is what the Democrats offer voters, a geriatric trio of whiteys.

The party of inclusion and diversity. Oh, the irony!

Are you laughing yet? Can you believe this?

Are we in Alice’s Wonderland?

On the Republican side, we have black, white, Latino, Asian, women, men, an incredibly diverse, talented lineup. The multiculture-obsessed Democrats have three old honkys, and the allegedly racist Republicans reflect a veritable mosaic of color, culture and idiom.

Oh, the irony, again! Let us hold hands and hum Kumbaya.

Why, even Jeb Bush speaks fluent Spanish. Neither Hillary nor Bernie nor Joe speak anything but English. They are language-deficient.

Let’s look at Bernie now.

He’s a socialist, which means he likes Big Government, Heavy Regulation, Welfare, and High Taxes. Just like Barry, but more.

Think Greece. And cringe.

Looking at Bernie’s campaign website, a number of things leap out at me, issues that reflect the dreamy-eyed Utopianism that runs rampant through the leftist way of thinking — if you can call it thinking.

  1. Income equality. There are too many rich people and too many poor people. So rob from the successful and gift to the unsuccessful.
  2. Getting “Big Money” out of politics. Dream on, Bernie.
  3. Racial justice. Blacks are oppressed and cops are bad. Arrant nonsense.
  4. Fighting for women’s rights. What are the rights women lack?
  5. Caring for Veterans. Seven years into a Democrat administration, why hasn’t that happened already, Bernie?
  6. Support the Iran Deal. Yes, Bernie trusts Iran! Good Lord. He has faith in the “Death to America!” Ayatollahs.

There are more, but I know you’re laughing so hard right now that it’s difficult to focus your eyes. Grab a Kleenex.

Thankfully, ole Bernie will not be president, but it’s sad that so many people subscribe to his cockeyed nuttiness. He’s a leftover radical relic from the flower-power 1960s, hardly a sane fit for the 21st century.

Where are the Franklin D. Roosevelts and Harry Trumans? Now those were good Democrats, people worth voting for.

Elly Maye speaks

MY BOY Bill O’Reilly predicted recently, while a guest on a late-night talk show, that Hillary would be the Democratic presidential nominee next year “unless she’s in jail.”

The jail remark was a humorous add-on, so he was actually saying Hillary will be the nominee, and he’s probably correct. Hillary, of course, is an aging Democratic Party dinosaur hanger-on whose actual accomplishments in public life are almost entirely nonexistent.

Even her fans can’t name anything of substance. She is Bill Clinton’s wife, and that’s about it.

In contrast to the dinosaur Hillary is this cute gal in the video, whom I like very much.