General Discussion
In reply to the discussion: Apparently, I scared the shit out of Glenn Beck on Thursday. [View all]demwing
(16,916 posts)"What balances wealth out? Giving people the opportunity to start their own business. Giving the entrepreneur a chance to start their own business, but because of this government standing in the way--through regulation and everything else--only the rich can play in that territory, and so you are destined to be a serf."
1. "What balances wealth out?"
It's good to see that Beck understands that wealth creates inequality, and requires balance. Bravo.
2. "Giving people a chance to start their own business"
Beck admits here that opportunity doesn't come from the wealthy down, it comes from the people UP.
3. "Giving the entrepreneur a chance to start their own business"
Oops, last comment was too populist, better rephrase...
4. "but because of this government standing in the way--through regulation and everything else"
The Government is standing in the way? The U.S. Small Business Administration (SBA) is the largest single financial backer for the nation's small businesses with a portfolio of venture capital, business loans & loan guarantees, and disaster loans worth about $60 billion.
One of the thing the government regulates is monopolization of a market. Try starting a new business in a environment grown without that protection, Beck.
5. "only the rich can play in that territory, and so you are destined to be a serf"
Does Beck not see himself as wealthy? Does Beck think of himself as one of the huddled masses yearning to breathe free? He is one of the uber wealthy, represents the interests of the uber wealthy, and has revealed the plan of the uber wealthy. Thinking about huddled masses, Beck sees them yearning only to profit freely, and has an answer for them delivered as a warning: ""only the rich can play in that territory, and so you are destined to be a serf"