Sure, but how do we know when we’ve made enough money to still have a comfortable living after we pay all the taxes and fees and costs and interest you Feds are going to drop on us?
An excerpt from Ayn Rand’s Atlas Shrugged:
The stocky, elderly man was obviously a businessman of the conscientious, unspectacular kind. His formal dress suit was of good quality, but of a cut fashionable twenty years before…His face had the expression which, these days, was the mark of an honest man: an expression of bewilderment. He was looking at his companion, trying hard – conscientiously, helplessly, hopelessly – to understand.
His companion was…saying, in a tone of patronizing boredom, “Well, I don’t know. All of you are crying about rising costs, it seems to be the stock complaint nowadays, it’s the usual whine of people whose profits are squeezed a little. I don’t know, we’ll have to see, we’ll have to decide whether we’ll permit you to make any profits or not.”
President Barack Obama, speaking in Quincy, IL, yesterday:
We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.
Audio here:
Now: Obama did go on to say that making more money is “part of the American way,” which, of course, it is. So I’m not going all apoplectic over the bolded part of his statement, which is all over the blogosphere right now.
Still, concern is only the first step. Sooner or later, concern turns into regulation.
Found via Ruby Slippers, which led me to Memeorandum, which led me to HotAir and the oh-so convenient transcript I’ve copied and pasted above.
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