How Much More…Can or are we willing to Take

And you said “what” to the pipeline deal?

It hasn’t been two days since we’ve written “How much more can you take?” That article was intended to be a wake-up call for what the zealous voted for and the President they actually got. We simply cannot conceive of the “Baby-Boi-Man Barack” telling this country what he was going to do – and then sit in the pearl and watch hundreds of thousands, indeed, millions of workers getting laid-off from their jobs with unemployment still skyrocketing.

And before we lose any readers at all we need to ask has Barack Obama done anything to reverse this trend? That certainly does not mean that there’s a think-tank in operation critically examining how we can lower unemployment whilst at the same time create more jobs than any nation in history.

Obama is most content when recklessly disregarding the U.S. Constitution; moreover, to see how many ways he can cut corners, skirt, or find the loop holes in the law that will further his agenda, and not those of America; Obama does the duties that are the customary practices of attorneys; yet, certainly not Presidents!

General Electric made an astounding $14 billion in profits last year. It is worthy to mention that G.E. did not pay any taxes on that money whatsoever. Furthermore, it is an alarming ordeal in the White House how the consideration of small businesses are brought up and then immediately quashed.

 In the sector of business that is literally the backbone of this nation it has become so apparent to so many that with start up costs and managing to stay ahead of local, city, county, state, taxes, when along comes “Big Brother,” the federal government, to push the entrepreneurs farther down.

This is certainly a problem with the class warfare and income inequities brought forth by President Obama. We still hold to our belief that if one were to make an incentive for the wealthier upper income level to find their own causes (basic philanthropy) with which to donate time, energy, resources (money), our position remains that the beneficiary will receive more than if the government decides to tax this class of people. The notion of assessing a fiduciary tax against a select proportion of the population is beyond the level of fairness in a free society.

When one examines just how and what Rockefeller did in order to get Standard Oil up and moving by today’s standards he would be facing a legitimate chain of violations, he would be charged, and then tried in a court of law. Actually this did happen in his time. However, for the sake of our pet peeves the “Occupy” movement, Class warfare, the mention of capitalism, and how America became such a bountiful and prosperous nation we should look at just a few important characters.

John D. Rockefeller, we are not altogether certain that anyone wouldn’t at least know that this industrialist was rich. Mega rich in fact, American oil industrialist, investor, and philanthropist. He was the founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy.

 In 1870, he founded the Standard Oil Company and aggressively ran it until he officially retired in 1897. Standard Oil began as an Ohio partnership formed by John D. Rockefeller, his brother William Rockefeller, Henry Flagler, Jabez Bostwick, chemist Samuel Andrews, and a silent partner, Stephen V. Harkness. As kerosene and gasoline grew in importance, Rockefeller’s wealth soared, and he became the world’s richest man and first American worth more than a billion dollars. Adjusting for inflation, he is often regarded as the richest person in history.

Rockefeller continued with his self-reinforcing cycle of buying competing refiners, improving the efficiency of his operations, pressing for discounts on oil shipments, undercutting his competition, making secret deals, raising investment pools, and buying rivals out. In less than four months in 1872, in what was later known as “The Cleveland Conquest” or “The Cleveland Massacre,” Standard Oil had absorbed 22 of its 26 Cleveland competitors.

Its vast American empire included 20,000 domestic wells, 4,000 miles of pipeline, 5,000 tank cars, and over 100,000 employees. Its share of world oil refining topped out above 90% but slowly dropped to about 80% for the rest of the century.

The point? Obviously the point is that Rockefeller and several others started off as small business owners, hard working, men with a vision. Their visions were not stifled by the federal government; moreover, they started their businesses during that Great Depression or thereabouts. We will be looking at several of these business person’s for the future.