TIP: Click on subject to list as thread! ANSI
echo: tech
to: CHARLES ANGELICH
from: ROBERT SAYRE
date: 2003-03-05 18:13:00
subject: content

CA>> I've always said no American should be allowed more than 10
CA>> million. After that what you 'earn' should be given away.
CA>> How to give this away I do not know but why horde?

RS> I can't agree to a limit. Especially, an arbitrary one.

CA> OK, we could make it a multiple of a true cost of living index
CA> (not the gov fake one) then starting at $10mil for this year
CA> and moving up or down as the COL changed?

 Still, no.

RS> What do you mean, horde? Unless they bury it out in the
RS> back yard, how is it horded?

CA> One family does not need more than $10mil even if they are all
CA> dying of an incurable disease.

 What about curable ones?

 Seriously, why does "need" matter?

RS> People with money don't just pile it up in a bedroom. They
RS> spend some, loan some, invest some, donate some.

CA> That's the popular propaganda, yes.

 What else are they gonna do with it?

RS> And, if they DID bury it in the back yard, so what? If it's
RS> their money, why can't they?

CA> The point is the money has to come from somewhere (someone).
CA> Many people are underpaid to make each person wealthy. There is
CA> no way everyone can get rich simultaneously.

 If money does not come from working, then
where did the first big pile come from?


 If I make a painting (that others find
valuable) I have created additional wealth.
The supplies were here, but the high value
was not.

 If you build a house, you have created
wealth. The supplies were here, but you've
added much value by your labor.

 If you "sell" your house to me, and I "pay"
with my painting, we have both exchanged
wealth without requiring any be taken from
anybody else.

 If you keep building houses and selling
them to others, and if I keep creating
paintings and selling them, we will both get
rich. We don't have to take anything away
from anyone else, except what we mutually
agree is the actual value of the items. They
will be paying with value which they have
created by their own labor.

 No one had to be underpaid to make us
wealthy.

 TTYL.

 Robert

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