Thursday, January 2, 2014

Does Tony Torres really know anything about Theodore Roosevelt?

Mark Davis wrote a column on redistribution of wealth and how it logically and economically makes no sense. Tony Torres takes issue with Mark's conclusions.

Tony says that Theodore Roosevelt would not have been impressed by Mark's column. I wonder if Tony knows that Roosevelt was our third wealthiest President? In 2010 dollars he was worth $125 million. On top of that, he didn't earn the bulk of his wealth . . . he inherited it.

I wonder if Tony knows that Theodore Roosevelt said, "Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures"?

I wonder if Tony knows that Theodore Roosevelt said, "When I say I want a square deal for the poor man, I do not mean that I want a square deal for the man who remains poor because he has not got the energy to work for himself"?

Maybe Tony needs to read up a bit on Theodore Roosevelt before he presumes to tell us what would and would not impress him.


Along the same lines, Alexander Davie of Richardson derides trickle-down economics. Not to mention the other flat-out misstatements he makes, he says that trickle-down is a total failure. "Just ask the pope!" he says. I've read a biography of Pope Francis, and I hope Davie will fill in the gap for me -- I completely missed where the Pope got his degree in economics.

"Mark Davis' rationale: That's rich." The Dallas Morning News; December 20, 2013; p. 28A.

"Give middle class, poor a chance." The Dallas Morning News; December 20, 2013; p. 28A.


Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.
Read more at http://www.brainyquote.com/quotes/quotes/t/theodorero147896.html#PFvssDgDdTEcYms9.99
Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.
Read more at http://www.brainyquote.com/quotes/quotes/t/theodorero147896.html#PFvssDgDdTEcYms9.99
Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.

Read more at http://www.brainyquote.com/quotes/quotes/t/theodorero147896.html#wFR8UTMK7MikUsMf.99
Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.

Read more at http://www.brainyquote.com/quotes/quotes/t/theodorero147896.html#wFR8UTMK7MikUsMf.99

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