The Free-Market Billionaires Of 'Communist' China

THE FREE-MARKET BILLIONAIRES OF "COMMUNIST" CHINA   By Mike King

NY Times: Billionaire Lawmakers Ensure the Rich Are Represented in China’s Legislature
By MICHAEL FORSYTHE
Lawmakers in much of the world are often accused of being in the pockets of billionaires. But there’s a difference in China. Here, the lawmakers are the billionaires. 

REBUTTAL BY

You know you're a commie when you criticize China for being too pro-business. Has the world turned upside down, or what?!

 

The world turned upside-down! As Obongo's America slides deeper and deeper into a pit of Marxist manure, Communist China is now open for business; and Sulzberger doesn't like it.

About 30 years ago, after decades of Mao Tse Tung's failed statist schemes, genocides and universal backwardness, the Chinese realized that natural concepts such as competitive enterprise, private property and self-reliance were the way to uplift a society. The dynamic Chinese model of today - along with America's suicidal off-shoring policies - has lifted, and continues to lift, hundreds of millions of people out of poverty. As long as the personal riches were not stolen or embezzled (a la George Soros), who bloody cares if the billionaires end up with more wealth than others? And who cares if some of them are serving in the legislature? Wasn't America founded by some of its wealthiest aristocrats?

Are we to believe that a talentless bureaucrat would spend the billionaire's money more wisely for the benefit of society than the man who created the wealth in the first place? Would China be better served if lifelong political hacks and pointy-headed Keynesian academics, who have never so much has run a lemonade stand, were serving in Parliament instead?

 

In addition to being philosophers of the first-rank, Washington and Jefferson were also immensely successful men of business.

 

While watching a recent interview conducted by PBS's Charlatan Rose, your curious reporter here nearly fell off his chair when rambling Rosie's guest, Chinese billionaire Jack Ma of 'Alibaba' fame, summed up the new Chinese way of thinking very succinctly:

 

"When you have a million dollars, it is your money. When you have a billion dollars, it becomes society's money because you are always investing it back into the economy to make it grow. You control the billion dollars, but it's never in your hands because it is working. If you have a billion dollars, it means you know how to manage money better than the government."

 

 

 

 

Pay attention CIArlie boy. You could actually learn something about economics from this guy.

 

 

Right on Jack; right on! Ma continued:

 

"Competition is supposed to be fun. It doesn't mean you want to hurt the other guy. Competition makes everybody work harder and smarter."

 

Again, Mr. Ma is exactly right. You see, unless that billionaire is stuffing his cash into his mattress, his wealth is constantly greasing the wheels of the common economy. His money is out there building things, financing grand projects, paying salaries and so forth. Every dollar that some Harvard ass-clown in government confiscates from the Jack Ma's of this world is one dollar less that is available to invest in promising new business ventures, or to give to honest charities. Indeed, Jack Ma's philanthropy is extremely generous, as is that of many other Chinese billionaires. (here)

 

Even the purchase of personal luxury goods benefits the factory workers at the Mercedes and Rolex plants; does it not? For example, when it became apparent that the demagogue Bill Clinton's 1993 luxury tax was damaging yacht sales, this portion of his "tax-the-rich" scheme was quickly repealed in order to save the jobs of those who build the bigger boats! (here) This is what the ignorant libtards of the "occupy" movement, with their simple-minded Marxist mantras of  "trickle down" and "the 1 per centers" fail to grasp. The German-American motivational speaker William Boetcker said it best in his mini-pamphlet, "The Cannots" (often mistakenly credited to Abraham Lincoln). This ought to be mandatory reading in every children's asylum (public school) in America:

 

William Boetcker's "Cannots" pamphlet explodes the devious demogogery and mendacious mythology of Marx.

 

 

 

THE CANNOTS

 

1. You cannot bring about prosperity by discouraging thrift.
2. You cannot strengthen the weak by weakening the strong.
3. You cannot help little men by tearing down big men.
4. You cannot lift the wage earner by pulling down the wage payer.
5. You cannot help the poor by destroying the rich.
6. You cannot establish sound security on borrowed money.
7. You cannot further the brotherhood of man by inciting class hatred.
8. You cannot keep out of trouble by spending more than you earn.
9. You cannot build character and courage by destroying men's initiative and independence.
10. And you cannot help men permanently by doing for them what they can and should do for themselves.

 

It is not "the 1%" who are exploiting "the 99%"; but rather the Federal Government (with its massive taxation and maze of regulations) and the Federal Reserve (with its perpetual inflation) that are the source of America's declining economic health. Taxing the big bad rich man to the teeth doesn't hurt him as much as it does the working man.  The "Communist" Chinese - who, by the way, have also ended the 'one-child' policy that America's abortion-loving libtards used to praise so much (here), - now understand the folly of bashing and harassing the entrepreneurial class. Unfortunately, the woefully uneducated fools and envious losers at Sulzberger's sophist Slimes "cannot" - or will not.

 

 

 

Chinese billionaires like Jack Ma believe in a competitive private market. American billionaires like Warren Buffoon believe in a state-rigged market.

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