Reap and run!
Are you tired of successful people who say one thing and do another? Expecting special treatment from state and local governments, as well the federal government in order to gain favor for their businesses? Favors of special tax treatment, building zone changes, infrastructure, and changes to benefit their business at the expense of others who don’t share in the same governmental treatments or gained advantages? Seemingly because these smaller businesses aren’t as important to the community, or don’t represent as big of a taxing impact to these governments.
Jim Sinegal, Co-Founder and former CEO of COSTCO, said several things in his speech at the DNC (The Democratic National Convention). But then CEO’s and other Democratic business leadership and Politian’s are alike, with the same attitudes of other top notched and very rich business leaders of the republican party who often have a problem with saying what they mean, and mean what they are saying. Actions speak louder than words. MR. Sinegal seems to have this kind of lack of action in following his words. I happen to have met the man, and found him very likeable, straight forward, but like other people seem to use politics to gain an advantage for themselves. Jim Sinegal said at the DNC.
“But at our company, we recognize that job creation requires time and investment and commitment to the long-term. It requires companies that plant and grow, not executives who reap and run. We’re proud that Costco pays the highest wages among our peers, that we provide benefit and health care plans that are second to none, that we’ve grown our business by promoting from within. So we’re not just giving Costco people jobs, we’re empowering them to build careers and support middle-class families.
At Costco, we know a thing or two about what it takes for businesses to succeed, for a company to do well by its shareholders and to do right by its employees at the same time. We don’t want one set of rules for ourselves and another for our employees.”
Mr. Sinegal doesn’t want to set one set of rules for himself or others like him in his position, while having another set of rules for his employees, or so he said. But then his actions lead me to believe otherwise. Much like the two different rules for Obama care as directed differently towards government officials, as opposed to everyone else. The rulers get what they want to have with little to no cost associated to their own pocketbooks and no red tape. But for the peasants of the land they have to pay higher taxes and likely get lesser quality care in the long run with an unbelievable amount of red tape.
Where the rich can buy the best care that their money can buy, limited only by the size of their bank accounts. Even with their ability to invest and profit from those investments, the rich have an advantage that are in fact different over other people’s ability’s to take advantage for themselves the rules of society. The rich have the ear of government!
I’ll explain: Mr. Sinegal and his wife control about 2 million shares of Costco stock. He pushed the Democratic agenda at the DNC for bigger government, a fairer playing field, and higher taxation of the rich implemented by government policies and then these new taxes spent by government. All explained in an emotional manipulative way. Because of the fiscal cliff created by government, and by going off of it, would certainly raise taxes on everyone rich and poor alike. Mr. Sinegal made moves in order to save himself about 4 million in taxes. All because COSTCO will pay a one-time $7.00 per share special dividend to its shareholders before the end of the year 2012. He doesn’t need the money, and he made a case for the ending our society’s two sets of rules — the ones for the rich and the ones for everyone else.
Mr. Sinegal If you conscience bother you so much about the government having more and more taxes to spend. Why don’t you feel the need out of fairness to pay your fair share of tax? Why do you take unfair advantage of word usage and definitions and apply your own definitions to your actions in acting appropriately with what you say? Avoiding paying taxes or taking advantage of IRS rules, or new taxes about to be implemented is hypocritical. After all you said. “We don’t want one set of rules for ourselves and another for our employees.”
Mr. Buffet was once asked on the CNBC TV. Business show. Do you feel guilty for taking advantage of the IRS tax code in reducing your tax burden? Buffet answered. “NO! The tax code is to tell you as well show you the least amount of tax to be paid by anyone. Don’t hate the player, hate the completed tax code.”
Why is it only Democrats feel the need to complicate things to a point of muddying the waters so no one can see what they are really doing under the surface? Taking personal advantage of the tax code while keeping it complicated, lobbying government to raise taxes on the rich as the answer to all problems. Taxes that rich will never pay because they have for the most part unearned income, taxed differently from earned income. This is nothing short of the same thing as peeing in the pool and pointing fingers at someone else as being the one who is peeing in the pool.
Why is it necessary for the democrats to be compelled into pay taxes, all the while they’re looking for the loopholes to avoid them, and pointing to the GOP as being the party of the greedy rich?
Why do we define being GREEDY as wanting to hold onto what you worked so hard for, and not greedy to want to take it from you by force of government to give to those who made less of an effort in getting what they have. Applying the false standard of governments who act like this as defined as being “charitable”, is muddying the waters of verbal definitions.
(Just a side note. Because the word “Charitable” is also a description, of a somewhat religious term that supports positive attitudes towards life by people’s action and interactions with each other. Recognizing all the while governments don’t have money until they have taken it by forced through taxation of the people. To then call the spending of that money as being charitable, is no different from calling a thief a community charitable fund-raiser.)
A state of fairness in life will only be accomplished when all that can be guaranteed is the same, given to all in the same amounts of equality. Equal amounts of time to live, the same income despite different talents, the same intellect and wisdom, and the same health no matter what we do within our lives to destroy it in the first place. None of these things will ever be legislated by government official, or policies, or purchased by a tax and spend abusive governments of thieves. At some point personal responsibility’s must be assumed in excepting having to protect what you have, because life isn’t fair. So the utopia of fairness is just a Democratic fantasy.
In the words of an old rock-n-roll song by Kansas. “No amount of your money will another minute buy…. all your are is dust in the wind” for nothing is fair in life and no amount of government will ever change it.
Those who would like to reap and run are the ones among us, who have the most to gain in the shortest amount of time with the least amount of efforts. Blinded through selfish greed to do whatever it takes to preserve it for themselves while pointing towards others as if they are the greedy people who need to act in a charitable way. It seem that Mr. Sinegal’s only interest is getting others to do the work of charity that is compelled through the long arm of the governments increasing abusive power of taxation. While he preserves for himself a kings style existence, quieting his conscience for his greedy style of reap and run retirement. Mr. Sinegal you should be ashamed of yourself!