Success-Wealth-Pope-Sin-Bob Davis Podcast 825

Pope Francis is at it again. In his latest attack on capitalism he says the pursuit of career, success and wealth is sinful. This is a popular position to take these days. Do you agree? We’ll talk about it in Success-Wealth-Pope-Sin-Bob Davis Podcast 825.

Extremes

Anything taken to the extreme can certainly be a sin. Maybe the Pope has gone too far this time though.

I Am Poor Because You Are Rich. Right?

Pope Francis seems to be reinforcing the idea that one person is poor because someone else is rich. So did Karl Marx.

Tax Breaks Are Bad Unless I am Getting Them

Moreover this theme is often taken up by anti capitalist protesters. In Paris they are complaining that the billionaires offering to fund the rebuilding of Notre Dame should be helping the poor instead. Amazon is criticized by the media for employing legal tax breaks to bring its tax bill down to zero. Everyone else employs tax accountants. Why? To lower their tax bills.

How Big Is The Pie?

Finally Pope Francis reinforces the idea that the pie is only one size. When one person takes a slice less pie remains. Fact is capitalism and capitalists make the pie bigger.

Hard Work And Focus On Success Is Now A Sin?

The popular notion the Pope is reinforcing is investors and entrepreneurs receive income exceeding the value and contribution they make to the process of production. In fact, investors and entrepreneurs driven by a single focus make production possible. How is that a sin?

Define Capitalism

As a result of this Pope’s statements one can only conclude he is attacking capitalism. What is wealth? Prosperity? Success? How does one define capitalism? I do in Success-Wealth-Pope-Sin-Bob Davis Podcast 825.

Even Jesus Had To Work Hard

Above all accomplishing anything of human value isn’t easy. Any noteworthy contribution made by human beings from Lebron James to Jeff Bezos takes a lot of focus and work. The Pope might encourage that commitment rather than condemn it.

Dangerous Cynicism

In conclusion this Pope demonstrates a more dangerous cynicism. Especially when you consider the fact that the Catholic Church itself remains one of the largest real estate owners and tax free institutions in the world.

Sponsored by Whitetail Builders and Ryan Plumbing and Heating of Saint Paul

Success-Wealth-Pope-Sin-Bob Davis Podcast 825

Podcast 407

Killing The Golden Goose. We’ve all heard the parable; The greedy farmer and his wife with the goose that lays the golden egg. As ‘back to school’ looms, the beginning of reengaging in the political process begins with a look at what the real issue might be in our economy and by extension, our politics in the United States. The question is, which is the goose and greedy farmer? Think of the economy – the sum total of all we consume and produce —  as a force of nature, like a hurricane rather than as some kind of Rube Goldberg device with dials and switches and levers. Or, as a golden goose. If the government takes more and more to sustain its operations and debt, where does that money come from? It comes from the individual. Can the government spend too much, and so require too much from the proverbial golden goose? You don’t hear this question discussed too much in the political arena these days. What you hear is a lot of nonsense about individual tax plans for the middle class, or taxing the so called ‘rich’. The fact is, the government takes your income — your wealth if you will — and uses it for its own aims. We’re supposed to have a conversation with our politicians regarding what those aims are, but we usually don’t. If government spending now, without calculating perpetual obligations like social security and other entitlements including medicaid, medicare and the so called Affordable Care Act is almost 40 percent of the country’s total economy, maybe this is the reason why our economy isn’t growing fast enough. Is it possible the greedy farmer is in the process of killing the golden goose? And if so, what do the perfumed princes on the campaign trail intend to do about it? The grey area between what is a public good, and greedy government is the crossroads where we are stuck. If we don’t figure out how to talk about it and to solve the problem, our goose is cooked. Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul

Podcast 93

Greetings from the coldest city in North America! Minneapolis-Saint Paul. Podcast 93 is about the January doldrums. Greed on Wall Street, France’s Socialist President becomes a Supply Sider, Tall White Aliens control America, Europe dumps Carbon controls for Fracking as the US is putting their refineries out of business and more. Much more. A trip through Bob Davis’ weekend reading ‘grabs’ sets you up for the week. Sponsored by Ryan Plumbing and Heating of Saint Paul.