Generous With Other People's Money

Generous With Other People's MoneyBy Thomas E. BrewtonLiberal-progressives presume that they can do no wrong, so long as  they take other people's money for the benefit of the secular and  socialistic welfare state.Citicorp's Robert Rubin is getting harsh words from investors who ask  why he should receive $115 million in annual compensation, while  shrugging off any suggestion of personal responsibility for the  banking giant's horrendously imprudent investment policies.  Mr.  Rubin says that he was merely a broad-gauge policy advisor, that  problems arose from the policies he supported only because of poor  execution by underlings.In the same vein, liberal-progressives steadfastly maintain that  socialist welfare-state policies always fail only because the  government didn't spend enough money, long enough.Like New Jersey governor Jon Corzine, his liberal-progressive, former  Goldman Sachs colleague, Mr. Rubin, the Clinton administration's  Secretary of the Treasury, apparently believes that liberal- progressives can do no wrong, because they know what is best for you  and me.  What is best in their judgment is confiscating our earnings  and redistributing them to favored special-interest groups in the  name of social justice.Redistributing wealth, in the dogma of the socialist religion, is a  step in the direction of eliminating private property ownership.   That mythology, elaborated in Jean Jacques Rousseau's "Social  Contract," instructs us that original sin was the advent of private  property, which changed human nature and introduced greed, crime, and  warfare to society.In the Judeo-Christian tradition, original sin was Adam and Eve's  eating fruit of the tree of knowledge, seeking to become God's equal  in knowledge and power.  Christians and religious Jews are schooled  to eschew preoccupation with self and to seek ways to help others,  while prayerfully acknowledging that all their blessings come, not  from themselves or the secular political state, but from God.In contrast, liberal-progressives like Messrs. Rubin and Corzine  assume that they have successfully eaten the fruit of the tree of  knowledge (the modern gnosticism of socialism) and are therefore wise  and powerful enough to play God here on earth.Just as in Mr. Rubin's failure to take responsibility for disaster on  his watch at Citicorp, liberal-progressive Republicans and Democrat/ Socialists repeatedly raise taxes to confiscatory levels, and expand  the nanny state with deficit financing, heedless of the destructive  effects on public morality and financial stability.Liberal-progressivism's welfare state encourages self-centered,  special-interest greed, evidenced currently in the public's  unwillingness to reduce government spending in the face of  approaching bankruptcy at state and Federal levels.Ironically, the Federal Reserve's massive over-expansion of the money  supply to finance deficit spending, the be-all and end-all of liberal- progressive policy, is the root cause of the financial system  disaster in which Citicorp played a major part.  Mr. Rubin, we may  suppose, sees no connection between his advocacy of imprudent  policies in the Federal government and their fostering greed at  Citicorp.Thomas E. Brewton is a staff writer for the New Media Alliance, Inc.  The New Media Alliance is a non-profit (501c3) national coalition of  writers, journalists and grass-roots media outlets.His weblog is THE VIEW FROM 1776http://www.thomasbrewton.com/Email comments to viewfrom1776@thomasbrewton.com

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