Michael Moore, as reported by a Power Line Blog post -Other People’s Money- recently advocated stripping all private wealth from the 400 or so ‘richest people in America’. The video below shows the zeal with which he sells his idea the socialist sheep, whose collective heads nod in agreement, with what they see as deep socialist truths. Seems socialist uncover a new ‘right’ as a solution to any and all of our societal/economic ills.
video feed courtesy of PowerLineBlog
Private capital is just that ‘private’. It does not, nor will it ever, belong to the collective – period. Private money is, unlike public or governmentally controlled money, like seed corn. Seed corn [private money] is vital, as it is the resource used to grow more corn for consumption as well as to replace the old seen corn. Public money [taxes, fines, fees, etc] are never invested [planted for future yields] just consumed [eaten], and does not generate the perpetual renewal of replacement money [seed corn].
I encourage all those who agree with Moore’s concept to immediately divest themselves of all their wealth and que up at the local food bank and homeless shelter. There they’ll experience warm embrace of the collective. I’m sure we’ll see so many glowing reports from these socialist pioneers, that the government will be over run by additional funds flowing into the national treasury. If not, then tMoore’s position will be exposed for what it is fraud.
The collectives may, through the excessive application of ClearWrong socialist dogma, steal private money for a short time, but s the society build on the destruction of seed corn will soon perish.