Friday, August 5, 2011
We need an end to greed.
America would be a lot better place if we reduced profit margins. And instead, provided more and better services and more jobs. That’s far better than businesses, especially big corporations, reaping huge profits for owners/stockholders. Profits are all right. But let’s not make ‘em obscene. For instance, private health insurance companies typically have 20 to 25 percent administrative overhead. Compared to 3 or 4 percent for government-run Medicare. And oil companies have been making record-high profits in a time of bad economy. Let’s reduce those profits and pour the money instead into lower gas prices and the creation of more jobs. Corporations all over the U.S. are flourishing at the same time that they are laying off workers. Ain’t fair. Rank and file workers suffer while the corporate bosses and shareholders get richer and richer. I don’t trust big-time businessmen and bankers and other financial market manipulators. They are strictly in it for bigger and bigger profits. To get personally rich. And to hell with the common good. That’s why I want more government regulation and more socialism that benefits the poor and middle class. With better wages, with better social services, with better schools, with better infrastructure. And not least, socialized medicine. Yes, socialized a whole lot of things. I want a Works Progress Administration like the one we had in the 1930s. To put the unemployed back to work. Building infrastructure. Making America thrive again. But we ain’t gonna thrive until we stop the rich from getting richer. We don’t need the filthy rich to make America great. Instead, we need an end to greed. –Jim Broede
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