A System That Allows For Billionaires – Fair Or Not?
The new "It" girl on the political scene is Democrat Alexandria Ocasio-Cortez (AOC). At 29 she is the youngest woman ever to serve in Congress. Since her upset victory over a ten term high ranking congressman in the 2016 primary in New York's 14th District, she has received nonstop media coverage in direct inverse proportion to her demonstrated preparedness to lead.
But she doesn't let a little thing like that slow her down. Wikipedia says she is member of the Democratic Socialists of America and has been described as a Justice Democrat. To Wikipedia for that : "According to Justice Democrats, their highest priority is to effectively eliminate the role of money and conflicts of interests in politics, and the group's only litmus test is that candidates decline to accept money from PACs. As a core policy, any candidate running with Justice Democrats must pledge to refuse any donations from billionaires or corporations".
If Ms. Ocasio-Cortez had her way, there wouldn't even be any billionaires with offers to turn down. She said an economic system that allowed for the creation of billionaires is unfair. Fox News Business Channel recently talked with businessman and presidential candidate Herman Cain about that the other day. And we want to talk about that with you. Join us Friday Morning at 7:15 for a conversation about wealth.
What's fair? Who, if anyone, even gets to say what's fair? How much is enough and why can two people see one person's success, like Ken Griffin who just bought the most expensive home in America's history, how can two people reach such totally opposite conclusions about the rewards of his hard work and good fortune. Join us!