Sen. Harkin believes that our country does not have a spending problem: it has a misallocation of wealth. This misallocation can be rectified by redistributing this wealth into the hands of the government. I can only blame the people in Iowa for electing this vain and aspiring man to represent them in Washington.
I encourage people to send this excerpt from 1 Timothy 6 to Sen. Harkin’s office:
False Teachers and the Love of Money
These are the things you are to teach and insist on. If anyone teaches otherwise and does not agree to the sound instruction of our Lord Jesus Christ and to godly teaching, they are conceited and understand nothing. They have an unhealthy interest in controversies and quarrels about words that result in envy, strife, malicious talk, evil suspicions and constant friction between people of corrupt mind, who have been robbed of the truth and who think that godliness is a means to financial gain.
But godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it. But if we have food and clothing, we will be content with that. Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
David DeGerolamo
Harkin: ‘Is It a Spending Problem? No … It’s a Misallocation of Wealth’
Sen. Tom Harkin (D-Iowa) said on Thursday that U.S. government does not have a spending problem, but America suffers from “a misallocation of wealth.”
“I look at it this way,” Harkin said at a Senate Appropriations Committee hearing on the Budget Control Act of 2011 (the law that includes the automatic spending cuts referred to as “sequestration”). “We’re the richest nation in the history of the world. That kind of begs the question doesn’t it? If we’re so rich, why are we so broke?”
“Is it a spending problem? Harkin said. “No, it’s because we have a misallocation of capital, a misallocation of wealth.”
“All of this wealth that’s been built up by hard-working Americans has been accumulated into fewer and fewer and fewer hands all the time,” Harkin said.
