MSNBC's Chris Jansing displays her inability to understand business basics.
A lot has been said recently about the evils of Corporations. How that they are faceless entities which oppress the individual and steal from the common good. But most people don't know that a corporation can be formed by anyone with the knowledge and wherewithal to fill out a couple forms with their State, the Federal Government and to keep up with the paperwork. I would wager that if your were to throw a rock from your front door you would probably hit the house of one of your neighbors who owns an incorporated business.
Chris Jansing obviously doesn't understand this and extendeds her ignorance in this interview with Lousiana congressman John Fleming, where she refused to acknowledge the basics of how a small business is organized. At first she accused the congressman of having income equal to the 6 million dollar gross cash flow of his companies. Then she argued that tricks were being played with the system to allow people like the congressman to defraud the taxpayers (in her opinion).
Once presented with reality, she retreated to a standard progressive position that decries anyone who earns more than anyone else. "Well, Congressman I'm sure that people who make Fifty thousand dollars a year don't have a whole lot of sympathy for your Four Hundred Thousand dollars". Real nice. Nowhere does she acknowledge that a business needs investment capital to grow.
Her only problem seems to be some individuals earning more than others.
I wonder what Ms. Jansing's paycheck looks like? I'm sure that it's in the Six figure range and possibility Seven.
| Print article | This entry was posted by Jim on 09/19/11 at 11:50:04 am . Follow any responses to this post through RSS 2.0. |
