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Thursday, November 22, 2007
Herman Cain :: Townhall.com Columnist
Media Consider American Businessmen ‘Bad Company’
by Herman Cain
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From company profits to consumer prices, money was the name of the game. CBS even did a story that scolded a multibillionaire for spending his money! Maybe those reporters didn’t learn in Economics 101 that spending money creates jobs for countless people. Instead, CBS got huffy about one businessman’s buying habits.

Everybody’s always making too much money to suit journalists … never mind that some of those network anchors are pulling in tens of millions themselves. According to TV Guide, CBS’s Katie Couric makes $15 million a year, while NBC’s Brian Williams makes $8 million.

No, the nightly newsers didn’t focus on the positive. Despite more than $51 billion pledged from the most generous Americans in 2006, according to The Chronicle of Philanthropy, journalists portrayed businessmen as criminals one-and-a-half times more often than they were portrayed as philanthropists.

I know businessmen who give generously, and they wouldn’t want to be featured on the evening news. They prefer to give without widespread fame. But that doesn’t mean there aren’t good stories about businessmen out there – stories that enterprising reporters could dig up – about those who build companies and communities.

Other nations would love to have a chance at this system of free enterprise that our media take for granted and even attack. Bill George, a Harvard Business School professor and businessman himself, wrote about that system on BusinessWeek.com August 5.

“Every government leader and business executive I have met in developing countries –from the mayor of Beijing to the ruler of the United Arab Emirates – is eager for one thing: U.S.-style capitalism to build their economies, create jobs and wealth for their people, and bring their countries fully into the global trading network,” George wrote. “From Kazakhstan to Vietnam, people are hungry for capitalism.”

People from around the world come here to work. That coveted capitalism that creates jobs and wealth is maintained by hard-working businessmen and women – most of whom stay out of the spotlight. They’re not scandal-ridden. They’re inventors, innovators and entrepreneurs. They provide jobs to more than 100 million Americans. And they give back to their communities.

Unfortunately, they’re just not making headlines.

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About The Author

Herman Cain is the National Chairman of the Media Research Center’s Business & Media Institute. He is the former president and CEO of Godfather’s Pizza, Inc., and currently is CEO and president of T.H.E. New Voice, Inc., a business and leadership consulting company.

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debate this, lily
http://home.comcast.net/~cls.home/alceu.garcia.htm.htm

http://home.comcast.net/~cls.home/socialist.liberal.htm

Business is what built this nation
I still can't figure out why so many people turn to socialism and the government to generate efficiency, solve problems, raise the standard of living, etc. They have never done any of that. It is the business man (read: entrepreneur) that does all of this and more. When clever and courageous individuals (which liberals view as greedy or selfish) see a need or an inefficiency, they set out to make that part of the world a better place by solving those problems with a business solution. If they generate a solution or create greater efficiency, that is represented by a profit in the form of money in the bank; otherwise it is a failure and the business does not succeed. But the profit does not stop with the entrepreneur--the consumer also receives a profit. The consumer gets a product or service at a greater convenience or lower cost than what he can provide himself.

The deeper lesson is that if you go around to wealthy or prominent members of the community to solicit financial assistance for a worthy cause, odds are that concerned business leaders will make up the lion's share of the benefactors. Do you wanna make a bet? I am all-in every single hand. The truth is that if we could get the same caliber of people into office that actually run this nation's economy, we would turn everything around in less than a decade. Sadly this will never be the case because as has been said by a popular commentator: "I won't take that big of a pay cut." And when they do run, they are flatly rejected because the election process is too akin to voting for high school superlatives--a popularity contest rather than a vote on principles.

Next time you hear people complaining about business interfering in government issues or the election process, correct them. The only problem on their part could be not being involved enough.
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