Are the Super Rich and there companies to blame for our Economic crisis and plunder?

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Seraphim73 said:
Where in the world did you get the idea wealth is “allocated”? Wealth is created when we apply our God given faculties to create a value added good or service. The only way wealth can be allocated is if it is forcefully taken away from those who created it.
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If someone got wealthy by stealing, is that using their God given talents? If someone inherited their wealth, is that using their God given talents? If someone won the lottery, is that using their God given talents?

Having wealth is not a sign that one used their God given talents correctly or even the way God wanted them to use those talents?

Please note that I am not against having wealth. I just don’t think it makes people more or less deserving of anything.
 
Michael_Mayo said:
Then how do you explain the top 10% getting so much wealthier while the rest stay at about the same degree of wealth. Please spare me the :rolleyes:
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A couple of things. First and most important the rich get richer because they keep doing the things that made them rich in the first place, and the poor get poorer because they keep doing the things that made them poor in the first place. Like it or not people are normally in the position they are in because of the choices they have made. Second upward mobility in this country has been stifled by a progressive tax rate and an overbearing and bloated government with all of the attendant regulations, debts and deficits. We could even throw in the Federal Reserves loose money policies for good measure. They keep pumping more fake money into the stock market to shore up the “investor class” while the rest of the country suffers from inflation and the relentless bubble/burst cycle it creates.
 
sallybutler said:
What if you inherited wealth? How did you create that?
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What does that have to do with anything? The wealth was created in the first place. Do I not have the right to give my property to whomever I chose? It either belongs to me or it doesn’t. Would you like to leave something for your children? This is a typical leftist canard. If we are going to follow this principle to it’s logical conclusion then no one has a right to any of their property and all people at the age of eighteen should be stripped of all of their belongings and thrown out onto the street to make it on their own.
 
po18guy said:
Government cannot create an economy. It can only strangle and kill it.
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And I might add government cannot create wealth, it only consumes it. The Federal Reserve can print funny money till the cows come home but unless there is an increase in the value of goods and services offered in the economy it is useless. Just pretty pictures printed on a piece of paper.
 
sallybutler said:
Please note that I am not against having wealth. I just don’t think it makes people more or less deserving of anything.
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Speaking only for myself, I don’t sit around 100% of the time waiting for charity to give me the things I believe I deserve. Be it money or manpower, I use whatever it takes to grab my opportunities.

This is a mentality I borrow from a lot of billionares from Gates and Jobs to Buffett and Branson. They say beggars can’t be choosers. Maybe it’s because they cease being beggars when they finally choose to make a better life. 🤷
 
tabycat said:
You have not proven to me that the top 10% are getting weathier while the rest of us are staying at the same level that they were at. (thinks for the pretty graphs) :)🙂
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If facts cannot prove a point to you, what will?
 
Seraphim73 said:
What does that have to do with anything? The wealth was created in the first place. Do I not have the right to give my property to whomever I chose? It either belongs to me or it doesn’t. Would you like to leave something for your children? This is a typical leftist canard. If we are going to follow this principle to it’s logical conclusion then no one has a right to any of their property and all people at the age of eighteen should be stripped of all of their belongings and thrown out onto the street to make it on their own.
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Of course I plan on leaving something to my kids. And I did not inherit anything from my parents. As a matter of fact, I helped support my parents and one of my brothers. And it was through hard work using the talents God gave me that I was able to do that, put my kids through college without loans or scholarships, and will still have something to leave them.

However you said wealth was created using God given talents. I just was pointing out that some people did not create their wealth, it was given to them. And some people got wealthy through other means than God given talents.

It is not a black and white world. Not all wealthy are hard working, nor are all poor bad decision makers or lazy.
 
Seraphim73 said:
A couple of things. First and most important the rich get richer because they keep doing the things that made them rich in the first place, and the poor get poorer because they keep doing the things that made them poor in the first place.
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What the rich also do is use their significant power to influence legislation in their favor.
Seraphim73 said:
Second upward mobility in this country has been stifled by a progressive tax rate.
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What evidence do you have to support that claim?
 
Lost_Wanderer said:
Speaking only for myself, I don’t sit around 100% of the time waiting for charity to give me the things I believe I deserve. Be it money or manpower, I use whatever it takes to grab my opportunities.

This is a mentality I borrow from a lot of billionares from Gates and Jobs to Buffett and Branson. They say beggars can’t be choosers. Maybe it’s because they cease being beggars when they finally choose to make a better life. 🤷
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There is in Luke12;13 the Parable of the Rich Fool who’s only concern is greed and accumulating wealth while on Earth. ‘You fool’ Jesus says about him. And in another place Christ asks us not to prioritize ourselves in accumulating wealth and treasures on Earth. Instead we should strive and seek the Treasure that awaits us in Heaven. It continues to be your choice. :hmmm:
 
One question that can be asked is whether our economic system combined with our bankruptcy laws encourages excessive risk taking. Perhaps it is time to reconsider debtors prison. If the CEOs of the banks and other companies such as AIG and GM had to go to jail for making their company insolvent it might result in better decision making.
 
stinkcat_14 said:
One question that can be asked is whether our economic system combined with our bankruptcy laws encourages excessive risk taking. Perhaps it is time to reconsider debtors prison. If the CEOs of the banks and other companies such as AIG and GM had to go to jail for making their company insolvent it might result in better decision making.
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I like your idea stinkcat, but I’m afraid they protect themselves too well and unfortunately our law makers form quiet alliances with them for their own self preservation. Just an idea
 
WilT said:
I like your idea stinkcat, but I’m afraid they protect themselves too well and unfortunately our law makers form quiet alliances with them for their own self preservation. Just an idea
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I think there are too many large special interests out there that would prevent such a proposal from every becoming a reality.
 
stinkcat_14 said:
I think there are too many large special interests out there that would prevent such a proposal from every becoming a reality.
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so true!👍 Let us pray for the Super Rich who’s sole purpose is greed. That they may focus not on the Mammon but on God. No one can serve two Masters scripture tells us. Because he will either hate on…you cannot serve both God and Mammon.
 
WilT said:
There is in Luke12;13 the Parable of the Rich Fool who’s only concern is greed and accumulating wealth while on Earth. ‘You fool’ Jesus says about him. And in another place Christ asks us not to prioritize ourselves in accumulating wealth and treasures on Earth. Instead we should strive and seek the Treasure that awaits us in Heaven. It continues to be your choice. :hmmm:
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But I say to you, whoever is angry with his brother will be liable to judgment,o and whoever says to his brother, ‘Raqa,’ will be answerable to the Sanhedrin, and whoever says, ‘You fool,’ will be liable to fiery Gehenna. - Matthew 5:22
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:rolleyes:

And do tell me the virtue of charity while the only thing you can share is empty air. I hate to break it to you but that’s all the wilfully (and may I say, whiny) poor contribute to society.

I’ll stick to reaping the benefits of being able to give more because I actually learned to give to myself first. 👍
 
Lost_Wanderer said:
:rolleyes:

And do tell me the virtue of charity while the only thing you can share is empty air. I hate to break it to you but that’s all the wilfully (and may I say, whiny) poor contribute to society.

I’ll stick to reaping the benefits of being able to give more because I actually learned to give to myself first. 👍
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What punishment is Jesus going to get for calling someone a fool?
 
stinkcat_14 said:
What punishment is Jesus going to get for calling someone a fool?
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Oh so you’re saying because He’s Jesus, He’s free to break His own rules? Y’know sometimes I wonder how hard Satan’s laughing every time he reads the part where he’s tempting Christ and all of a sudden he skips to this little contradiction.

With inconsistencies like these, who needs faithless greed? Honestly, the more I get responses like this on a number of Christian topics, the more I see parallels between the Christian God and the pagan Zeus.

Yeah that’s the religion of social justice for ya.
 
Lost_Wanderer said:
Oh so you’re saying because He’s Jesus, He’s free to break His own rules? Y’know sometimes I wonder how hard Satan’s laughing every time he reads the part where he’s tempting Christ and all of a sudden he skips to this little contradiction.

With inconsistencies like these, who needs faithless greed? Honestly, the more I get responses like this on a number of Christian topics, the more I see parallels between the Christian God and the pagan Zeus.

Yeah that’s the religion of social justice for ya.
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No, just pointing out that bringing up one gospel verse like you did does not really add much to the conversation.
 
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