This video, Wealth Inequality in America is painful to watch because it makes me realize that the thinking behind it is far too prevalent in our society today. Also equally painful is that many who come across it and see these ideas perhaps for the first time are probably going to buy into it, and actually believe that we should adopt a socialist form of government. Very sad.
I disagree with the whole premise of this video. This study assumes a false premise that all of America’s wealth is nothing but a huge horde of cash, a huge pile of wealth that everyone is sitting on and that this pile of wealth is distributed very unequally, therefore we should all adopt socialism so that this pile of wealth will be distributed equitably. Wonderful socialism that includes, in the name of fairness and angelic, pure intentions; so therefore we are going to break into private homes and businesses and seize parts of their giant horde of the people that are in the upper 20% and then help distribute it among the lower classes, and then your benevolent government will only skim a portion of these seizures to pay for expenses of course (and maybe just a little more…wink, wink)–but I digress. The socialist people that created this video wrongly believe that economics is a zero sum game; that if one American or group of Americans succeed in acquiring more wealth that means that someone else or some other group of Americans are losing their wealth. But this line of thinking is truly a foolish way to think about how economic distribution works.
If you take for example the “Parable of the Bags of Gold” (or the “Parable of the Talents” but the NIV says “Bags of Gold”). Read Matt 25:14-30. http://www.bible.com/bible/111/mat.25.14-30.niv (click on a blank area on the side of that web page) This study in this video above assumes that every person in America acts like that third servant and just buries and sits on what they have and that therefore the upper 20% or upper 1% acquired their horde unjustly. But this study does not take into account how economics truly works or how free enterprise or the capitalist system works. America’s wealth hinges on the actions of the 1st and 2nd servants in the parable. America’s wealth is dynamic and in a constant state of flux through investments and the buying and selling of goods and services and especially through creativity and the innovations that constantly improve those goods and services. The constant drive to make a better mousetrap so to speak. Steve Jobs used to say, regarding his and Apple’s constant creativity and innovations, “A lot of times, people don’t know what they want until you show it to them.”
But if you try and equal things out as the makers of the video suggest, if you try and apply socialism even in just little bits, history has shown many times that that takes away the drive to make a better mousetrap, it takes away innovation and creativity and therefore it also ultimately takes away the wealth. The very thing that you wanted to distribute equally in the first place. If a socialist system is adopted it puts everyone in equal misery and equal poverty and we will not only lose the upper 20% or upper 1% but instead we will create a small fraction of a fraction of 1% that will end up as the ruling class and the only ones that have any kind of wealth and power. And this wealth and power of the ruling class is truly gained on the backs of the poor, what socialists wrongly tell you that all wealth is. Ultimately if we lose the top 1% shown in the video then we truly lose the most innovative and most creative among us, we lose people like Henry Ford, Sam McLaughlin, Steve Jobs, Bill Gates and even people like Earl Bakken. Earl is the guy that founded Medtronic where I work. Oh and incidentally if it weren’t for the innovations of Earl Bakken and his company Medtronic not only would many tens of thousands of people like me not have a means to provide for our families but also many lives would have been much shorter on this earth, among their loved ones due to the lack of Earl’s and Medtronic’s medical breakthroughs. But unfortunately many people just see Earl as some rich fat cat living it up in Hawaii.
The makers of this video above should have ultimately been with me and my family last Sunday morning as there was a great sermon at Bethlehem Baptist Church. Joe Rigney, author of Live Like A Narnian (more info on him here: http://bethlehemcollegeandseminary.org/index.php/academics/faculty/joseph-rigney) preached a great sermon titled “Winning the War Against Envy and Rivalry” When that sermon is available online I may post it on my blog, it was that good. I truly think that when socialists decry the injustice of economics I think that this is all due to the dangerous sin of envy on their part, and all the sins that go along with envy (You would know what I am talking about if you were to just listen to that sermon. That was a great sermon, by the way, among many things we learned the subtle yet important differences between jealousy, covetousness and envy–but I digress again).
We all also must realize that everything ultimately is not our own. Everything we have is on loan from the Master, the God of the universe. An important lesson from the Parable of the Bags of Gold and other parables, namely the “Parable of the Workers in the Vineyard,” and also many other passages in the Bible (see other parts of Matthew about the Widow’s Offering or the passage about not letting you left hand know what your right one is doing), anyway one important lesson is that we must not worry about who has what, or how much that person has or how little I have or how much more that person earns and in general how unfair life is. Everyone must realize that in real life, just like in the parables that the Master is coming back soon and each of us must give an account of what we did with our horde, our time and resources, lets not waste our lives, or our horde, in the envy of others.
***P.S. Here is that really good sermon I mention above: Part 1: http://willemdax.tumblr.com/post/67307834951/winning-the-war-against-envy-and-rivalry ***
***P.P.S. Here is Part 2: http://willemdax.tumblr.com/post/67596474565/learning-to-love-the-dance-of-grace-this-is ***
****P.P.P.S. https://www.youtube.com/watch?feature=player_embedded&v=KENaWXPmBr0 <—This video is a direct response to Wealth Inequality in America video above.
Recently by Donald W. Miller, Jr., MD: Iodine for Radioactive Fallout
The medical establishment and government health authorities say that consumption of saturated animal fats is bad for us and causes heart disease. According to the lipid hypothesis – the label used for the diet-cholesterol theory of heart disease – saturated fats raise serum cholesterol levels, and high blood cholesterol causes obstructive plaques to form in arteries, called atherosclerosis. This pathologic process causes coronary heart disease and the need for coronary artery bypass surgery, which is what I do.This article is taken from a talk I gave at the 29th Annual Meeting of the Doctors for Disaster Preparedness in Albuquerque last week, on the controversial subject of saturated fats [for that video CLICK HERE]. Some of the slides that I used for this talk are put in here.
Types and Structure of Fats
Animals and tropical plants contain saturated fats while plants outside the tropics have mostly unsaturated fats. Saturated animal fats are in milk, meat, eggs, butter, and cheese. And tropical coconut and palm oil contain a lot of saturated fat.
The food industry makes trans fats. They do this by shooting hydrogen atoms into polyunsaturated vegetable oils. This straightens out the fatty acid molecules and packs them closer together, giving vegetable oil so treated a solid texture like lard. Trans fats are used to make margarine, with yellow bleach added so it looks like butter. They are also used prolong the shelf life of bakery products, snack chips, imitation cheese, and other processed foods.
Willem Dykstra: On this spectrum (above), I find myself rubbing shoulders with the likes of James Madison and Calvin Coolidge. Maybe that’s another reason why I am a Calvinist ;-). Not sure if I agree completely with this graphic but I still find it, to quote Mr. Spock, “fascinating.”