This was all over the conservative talk shows, but it’s well worth repeating for everyone to see.
Obama appointed yet another socialist/communist/Marxist/wealth redistributionist to his administration. This time it’s Donald Berwick, appointed to head Medicare/Medicaid under the new government health system. This appointee was not vetted by Congress, as it’s on recess.
Berwick on the British National Health Service:
Indeed,
any healthcare funding plan that is just, equitable,... Read More→
What, you didn’t know that? It must necessarily be true, because Obama promised that no household whose income is under $250,000 will see a tax increase, of any type!
See Obama promise:
But now starting July 1, 2010, a new 10% federal tanning salon tax goes into effect. This tax is part of the new health care law.
So in fact, this is yet another example of the welfare state being supported by people other than “the rich.” A major theme on this website is that it’s impossible... Read More→
Following the oil spill in the Gulf last month, President Obama proclaimed a six-month moratorium on all deep-water drilling, undoubtedly in the name of safety and for the public good. However, it appears that the moratorium is nothing more but a tactic to make Obama look good as a tough action taker, and that it would not increase safety and further the economic damage following the spill.
The Obama Administration represented the moratorium as a safety recommendation suggested in a report drafted... Read More→
Nancy Pelosi is on record asking the Catholic Church to push her political agenda regarding immigration reform. Now, I thought Democrats were all for complete and total separation of church and state. And here we have the Democrat Speaker of the House, Nancy Pelosi asking the Church to do her bidding. There must be some explanation for this outrage, but somehow it escapes me.
Watch Pelosi’s comments here:
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Modern socialists would like to distance themselves from communism because of its bad reputation and often claim that communism is unrelated to socialism or at best tenuously related, but this is not the case.
Numerous people have come to this site and complained about its logo because it contains a communist symbol, which according to them, has barely anything to do with socialism, or perhaps nothing at all.
Let’s see indeed what are the differences between socialism and communism…
From... Read More→
It’s no secret that the State of New Jersey is in deep financial trouble with a $2 billion budget deficit on a $29.8 billion budget for 2010, and a total debt amounting to over $33 billion as of 2009. In addition some project deficits as high as $11 billion for next year if the budget is not substantially cut.
New Jersey cannot solve this problem by raising taxes. “[W]e have revenue going down, not up even though we’ve raised taxes every year,” says NJ Gov. Chris Christie.
A... Read More→
In the following video, Steven Crowder goes to Detroit and shows how liberal policies and labor unions (sanctioned by the government) led to decay and bankruptcy. The situation in Detroit is very typical of what happens when government takes over command and control of an economy in an intrusive way.
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The Laffer curve describes the relationship between tax rates and tax revenues collected. This relationship is key to understanding why taxing the rich as means of raising enough revenues to create a welfare state is extremely limited.
The core explanation for why this is so, is that a tax increase discourages people from engaging in the taxable activity, (earn income in the case of income tax,) and it encourages them to avoid the tax (by shifting money around, taking it out of the country,... Read More→
Many politicians attempt to convince us that big government spending leads to economic growth and prosperity. Among the most egregious recent examples of this is the rhetoric of Nancy Pelosi. To Nancy Pelosi, every government spending results in more jobs and prosperity. Cap and Trade is about “jobs jobs jobs” to her, and the fact that it would bring up the cost of doing business and everything else is of no consequence.
Some government spending for safety and order does facilitate... Read More→
The video on this page shows Barack Obama explicitly acknowledging that he is in favor of raising capital gains taxes for the purposes of “fairness” even though it is known that doing so reduces tax revenues. To Obama (and many other socialist I would imgine) it is more important to beat everyone into the same level than have overall prosperity. It’s a classic example of how society shoots itself in the foot with socialist policies of income redistribution.
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