[Report Abuse]
[Login to Blog] timeontarget's Blog
Democrats become Millionaires in Politics
Last comment by timeontarget 3 years, 1 month ago.

Take Me To Post Comment Form

The suckers are buying it!

In a report from AllGov.com, we learn that for the first time more than half of all members of Congress are millionaires. But what’s really interesting about the story is that it tells us there are more Democrats than Republicans in Congress who are millionaires.

That is not surprising to some of us, but it might be to a lot of people who have bought the Democrat/lamestream media narrative that Republicans are “the party of the rich.”

Let me tell you why this really is.

First, let’s understand there is nothing wrong with being a millionaire, or a billionaire for that matter. Contrary to what the rhetoric of the Democratic Party suggests, the vast majority of rich people have earned their fortunes by working hard and accomplishing things that have benefited others. That includes those who have made their money by investing, because they have put their capital at risk to help finance businesses that create jobs and produce goods and services people want and need.

Having said that, how can it be that there are more Democrat millionaires than Republican millionaires when everyone knows the conventional wisdom that Democrats are the party of the working man and Republicans are the party of the rich?

Because that’s a load of crap, that’s how.

There are a lot of different ways to make a living, and I’ve got no problem with any of them as long as they’re legal, but let’s look at what they are. One way is to put your capital at risk starting and operating a business. Some people who do this become millionaires, but the vast majority do not. I’m generalizing, but I think it’s fair to say this is the path more often taken by Republicans, who believe in pursuing opportunities in the free market. Others pursue careers as business executives within larger companies – and yes, you can make good enough money to become a millionaire but most who take this path fall well short of that even though many of them do quite well.

People who pursue business careers and later decide to run for Congress often do so because they see what a big problem the meddling of government is for the business community. And as you might expect, they run as Republicans.

Now, as for the Democrats, consider this: Barack Obama, who held jobs like “community organizer” and constitutional law professor – and yes, I recognize the irony there – is a millionaire. How is that? I’ll tell you how. A career in politics can make you pretty good money. You can publish and sell a lot of books. You can bank your salary because a lot of your living expenses can be manipulated to qualify as expenses that political fundraising can pay for. You can also make pretty good money in the political world as a lawyer, or as a lobbyist, or as a consultant.

Democrats would have you believe the Republican world is just bursting with dollars, and everyone sits around the country club and the board room sipping champagne and eating caviar. The truth is, the Democrats’ world is the world of politics and government, and there is lots of money flowing in that world – more than enough for plenty of people who know how to play the game to become millionaires.

Keep that in mind the next time Democrats freak out at Republican attempts to limit the size of government. Their real problem is that Republicans want to limit the scope and influence of the political world, and that’s where so many of them have become millionaires.

Both parties love millionaires, and both parties are full of millionaires. The difference is that one party publicly demonizes millionaires who make their money in the private sector, even as it continues to grow the political/governmental world in which even more of them are striking it rich.

Posted by Herman Cain

I felt like this was worthy of consideration and discussion



Latest Activity: Jan 13, 2014 at 9:00 AM


Bookmark and Share
Forward This Blog
Print Blog
More Blogs by timeontarget
Send timeontarget a Message
Report Abuse


Blog has been viewed (578) times.

timeontarget commented on Monday, Jan 13, 2014 at 15:16 PM

sebekm, I suspect that you are correct.

Wish I knew how to find out.

timeontarget commented on Tuesday, Jan 14, 2014 at 16:18 PM

I too believe that,

ABSOLUTE POWER CORRUPTS,

And the Democratic and Republican two party lock on the

PRIMARY ELECTION BALLOT

Is a perfect example of what corruption achieves,

The two sides do nothing but refuse to agree.

Our Federal Government is dysfunctional.

PRIMARY ELECTIONS SHOULD BE OPEN TO ANY AND ALL ORGANIZED POLITICAL PARTIES

No matter what the persuasion.

timeontarget commented on Thursday, Jan 16, 2014 at 16:02 PM

Even the not so well informed may eventually tire of electing

SELF SERVING COMMUNITY ORGANIZERS

who only better themselves while the taxpayers continue to struggle under ever increasing taxes and regulatory fees imposed for nothing but to create revenue to support government employees.


Log In to post comments.

Previous blog entries by timeontarget
 
Ann Coulter tells the truth
February 23, 2017
AMERICAN GIGOLOS (GOP WATCH LIST, PART 2) February 22, 2017 Americans thought electing a trash-talking billionaire reality TV star to the presidency of the #$%^ United States would finally be enough to convey the message that they hate both political parties. If anything, they hate Republicans more. But the Uni-Party ...
Read More »
 
Lets send a postcard to our President
February 23, 2017
An important idea and a way to show the evil lying media isn't running the country. Mark your calendar and pass on to your contacts! "On March 16th, each of us will mail Donald Trump a postcard that publicly expresses our SUPPORT to him. And we, in vast numbers, from ...
Read More »
 
Is a Trump-Putin Detant Dead?
February 21, 2017
We hope that old John McCain and the likes including Lindsey Graham are not able to prevent our being able to join forces with Putin in the war against terror which is being waged against America from the middle east. The war mongering folks within our congress have caused us ...
Read More »
 
Buchanan's latest
February 17, 2017
The Deep State Targets Trump By Patrick J. Buchanan Friday - February 17, 2017 When Gen. Michael Flynn was forced to resign as national security adviser, Bill Kristol purred his satisfaction, "If it comes to it, prefer the deep state to the Trump state." To Kristol, the permanent regime, not ...
Read More »
 
Coulter/Congress doing nothing?????
February 16, 2017
We here at timeontarget are still hopeful that our elite Republicans in the Senate will get up and close ranks behind our new President to join in the resistance of the continuing incoming flood of foreigners. Many of those coming here want to see America dead. Coulter in her usual ...
Read More »
 
[View More Blogs...]





 
Powered by
Morris Technology