It seems as though we as Americans have forgotten or never knew what wealth is. So a simple question; Is wealth trillions of dollars stacked to the moon and back or is it factories, bridges, schools, an educated populace, houses, cars, roads, buildings, fields of wheat, sewers, rails, docks, shipyards, airports and power grids? I realize there is a convertability, but what is wealth?
One the groups above is essentially paper or digital accounting and the other represents economy or the products of an economy. If any one out there disagrees with this, I surely would like to understand why and what you consider wealth to be. I just want to understand.
Paper that is convertable by agreement, into wealth has been handed to people whom appear to have created very little of what I call wealth, through the bailout. For a few decades these individuals have been allowed and even cheered on when they have been given the skimmings of the economy. The justification of giving these individuals over many years tens of millions of dollars per year escapes me. Dead weight skimming paper convertable into wealth appears to me to be a fundamental problem in our country at least. For instance, I am not aware of a single insurance executive providing health care. Why do these execs get ten times the pay of an M.D. without having to pay malpractice insurance?
Why does the working man of the Tea Party support this, or just beginning to complain? Where were they when they were being left with the tax burden, because of tax cuts to the rich and famous? Where were these people 2 years ago, 4 years ago, 6 years ago, 8 years ago?
The Tea Party is justifiably angry with government, but dependant on mythological pathos for a foundation. I see them as potential liberals, because if they get informed the fact that they have principles will guide them into the liberal camp. On the other hand, I think they will become very frustrated by the unprincipled Republican stance. I have in my life, never seen a more unprincipled group claiming to be a party, supposedly representing something — what I have no idea.
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