What is To Be Done To Create Economic Growth, Jobs and Wealth? Kudlow, Pence, Moore, Friedman and Hayek–Free Markets, Tax Holiday and The FairTax!

Posted on October 15, 2009. Filed under: Blogroll, Communications, Demographics, Economics, Employment, Energy, Fiscal Policy, government spending, Health Care, Immigration, Investments, Law, liberty, Life, Links, media, Medicine, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Talk Radio, Video, Wisdom | Tags: , , , , , , , , |

Pence Discusses Economy, Taxes and Spending with Larry Kudlow on CNBC

 

Larry Kudlow – Save the dollar

 

 President Obama’s economic policies of massive bailouts and stimulus spending, and proposed huge health care tax and cap and trade energy tax bills are failing to generate either new jobs or business and consumer confidence.

President Carter followed similiar Keynesian deficit spending  policies and failed as well.

 

10-11 The Battle For The World Economy 1 The Battle of Ideas

 

11-11 The Battle For The World Economy 1 The Battle of Ideas

 

The American people cannot afford another period of stagflation–slow economic growth and inflation.

The time has come to pass the FairTax!  

 

The FairTax: It’s Time

 

 

FAIRTAX AD

 

Huckabee on Tax System Overhaul

 

The US economy needs to bounce back from the current recession/depression.

The creation of new jobs requires restoring consumer and business confidence. 

The vast majority of jobs are created in the private sector by small and medium size businesses.

Consumers must be willing and able to purchase goods and services from businesses.

Before businesses will expand and invest in their businesses, they need the certainty that  consumer demand for their products and services is growing and tax rates will remain fixed.

The official unemployment rate will hit 10% in November. This means that in November there will over 15,500,000 Americans seeking a full time job.

Series Id:           LNS14000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0  
2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9  
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7  
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0  
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7  
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4  
2005 5.2 5.4 5.2 5.2 5.1 5.1 5.0 4.9 5.0 5.0 5.0 4.8  
2006 4.7 4.8 4.7 4.7 4.7 4.6 4.7 4.7 4.5 4.4 4.5 4.4  
2007 4.6 4.5 4.4 4.5 4.5 4.6 4.7 4.7 4.7 4.8 4.7 4.9  
2008 4.9 4.8 5.1 5.0 5.5 5.6 5.8 6.2 6.2 6.6 6.8 7.2  
2009 7.6 8.1 8.5 8.9 9.4 9.5 9.4 9.7 9.8        
Series Id:           LNS13000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 5976 6111 5783 6004 5796 5951 6025 5838 5915 5778 5716 5653  
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634  
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258  
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640  
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317  
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934  
2005 7759 7972 7740 7683 7672 7551 7415 7360 7570 7457 7541 7219  
2006 7020 7176 7080 7142 7028 7039 7167 7118 6874 6738 6837 6688  
2007 7029 6887 6737 6874 6844 7028 7128 7123 7221 7295 7212 7541  
2008 7555 7423 7820 7675 8536 8662 8910 9550 9592 10221 10476 11108  
2009 11616 12467 13161 13724 14511 14729 14462 14928 15142        

The official unemployment number actually understates the actual  or real unemployment situation.

The real unemployment rate will hit 17.3% in November. This means that in November there will be over 26,500,000 Americans seeking a full time job.

Series Id:           LNS13327709
Seasonal Adjusted
Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status:  Aggregated totals unemployed
Type of data:        Percent
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 7.7 7.7 7.6 7.6 7.4 7.5 7.5 7.3 7.4 7.2 7.1 7.1  
2000 7.1 7.2 7.1 6.9 7.1 7.0 7.0 7.1 7.0 6.8 7.1 6.9  
2001 7.3 7.4 7.3 7.4 7.5 7.9 7.8 8.1 8.7 9.3 9.4 9.6  
2002 9.5 9.5 9.4 9.7 9.5 9.5 9.6 9.6 9.6 9.6 9.7 9.8  
2003 10.0 10.2 10.0 10.2 10.1 10.3 10.3 10.1 10.4 10.2 10.0 9.8  
2004 9.9 9.7 10.0 9.6 9.6 9.5 9.5 9.4 9.4 9.7 9.4 9.2  
2005 9.3 9.3 9.2 9.0 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.5  
2006 8.4 8.5 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.0 7.9  
2007 8.3 8.1 8.0 8.2 8.3 8.3 8.3 8.5 8.4 8.5 8.4 8.7  
2008 9.0 9.0 9.1 9.2 9.8 10.1 10.4 10.9 11.2 12.0 12.6 13.5  
2009 13.9 14.8 15.6 15.8 16.4 16.5 16.3 16.8 17.0    
Labor Force Statistics from the Current Population Survey

 

Series Id:           LNS11000000
Seasonal Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 139003 138967 138730 138959 139107 139329 139439 139430 139622 139771 140025 140177  
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248  
2001 143800 143701 143924 143569 143318 143357 143654 143284 143989 144086 144240 144305  
2002 143883 144653 144481 144725 144938 144808 144803 145009 145552 145314 145041 145066  
2003 145937(1) 146100 146022 146474 146500 147056 146485 146445 146530 146716 147000 146729  
2004 146842(1) 146709 146944 146850 147065 147460 147692 147564 147415 147793 148162 148059  
2005 148005(1) 148349 148366 148926 149273 149262 149445 149794 149977 150007 150095 150002  
2006 150148(1) 150600 150793 150906 151120 151398 151414 151762 151680 152027 152425 152677  
2007 153012(1) 152879 153004 152522 152759 153085 153101 152855 153424 153162 153877 153836  
2008 153873(1) 153498 153843 153932 154510 154400 154506 154823 154621 154878 154620 154447  
2009 153716(1) 154214 154048 154731 155081 154926 154504 154577 154006        
1 : Data affected by changes in population controls.

During 1933 the worse year of the Great Depression, there were about 13,000,000 Americans seeking full time employment.

Today the number of unemployed Americans is over twice that number.

The  “stimulus bill” is largely more government spending and more government debt, one of the causes of the economic crisis.

The stimulus bill is a continuation of the problem not a solution.

We the people must regain confidence in the future of the US economy.

Businesses can create wealth and jobs provided the Federal government would just get out of the way.

We the people need another plan or course of action, call it the American People’s Plan–6 Month Tax Holiday and The FairTax.   

For the first and second quarters of 2010 (January 1 through June 30, 2009) give all individuals and businesses a six month tax holiday from Federal income taxes, payroll taxes (Social Security and Medicare taxes), and capital gains taxes.

For individuals this means their gross pay will not have any deductions for income and payroll taxes.

This means an individual’s gross pay will equal their actual pay.

FairTax for America

The sixth month period will be used to prepare businesses and the Federal Government for the change over from a Federal tax based on income to a Federal tax based on consumption– the FairTax.

What is the FairTax plan?

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 296) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax  administered primarily by existing state sales tax authorities.

The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

The FairTax:

  • Enables workers to keep their entire paychecks
  • Enables retirees to keep their entire pensions
  • Refunds in advance the tax on purchases of basic necessities
  • Allows American products to compete fairly
  • Brings transparency and accountability to tax policy
  • Ensures Social Security and Medicare funding
  • Closes all loopholes and brings fairness to taxation
  • Abolishes the IRS

http://www.fairtax.org/site/PageServer?pagename=about_main 

 

Frequently Asked Questions about the FairTax

http://www.fairtax.org/site/PageServer?pagename=about_faq

 

The FairTax

 

Gov. Huckabee on the FairTax

 

First, Why We Need a FairTax

 

Second, FairTax Questions and Advantages

 

Lunch&Taxes HOWITWORKS

 

 

Lunch&Taxes HOWMUCH

 

 

Lunch&Taxes COLLECTED

 

 

Lunch&Taxes: LESS

 

 

Lunch&Taxes HER

 

Unfortunately, the American elites of both political parties are opposed to the FairTax.

Once the FairTax is in place, lobbyists and the Federal Government would no longer have the Internal Revenue Code to play with and change to benefit their clients and professional politicians.

On April 15, 2010 march on Washington D.C. to demand the passage of the American People’s Plan–both the six month tax holiday and the FairTax.

This must be a grassroot effort of individuals no matter what your political affiliation.

Do this on your own initiative and bring your family, a friend or neighbor.

Have city car convoys and fly the American flag on your way to Washington D.C. for the biggest fair and Tea Party in American history.

Call your favorite talk radio host and ask them to support and speak at various Tea Parties at the Washington Fair on Saturday, July 4, 2009.

If you cannot make it to Washington call the capital switchboard and ask for your Senator and Representative.

American citizens are the boss.

the_boss_phone

Call your House Representative, Senator, and President and tell them to vote for the American People Plan–Tax Holiday & Fair Tax!

Senate switchboard: 202-224-3121

Call them every day!

http://www.senate.gov/general/contact_information/senators_cfm.cfm

House switchboard: 202-225-3121

White House switchboard: 202-456-1414

Politics Contact Congress

http://www.cbn.com/CBNnews/politics/contact_congress.aspx

Rollcall

Tips On Telephoning Your Elected RepresentativesTo find your senators’ and representative’s phone numbers, you may use our searchable online congressional directory or call the U.S. Capitol Switchboard at (202)224-3121 and ask for your senators’ and/or representative’s office.

Remember that telephone calls are usually taken by a staff member, not the member of Congress. Ask to speak with the aide who handles the issue about which you wish to comment.

After identifying yourself, tell the aide you would like to leave a brief message, such as: “Please tell Senator/Representative (Name) that I support/oppose (S.___/H.R.___).”

http://www.congress.org/congressorg/issues/basics/

Then return home and march on your state capital to demand the passage of a Constitutional Amendment banning the Federal income taxes forever by repealing the 16th Amendment.

Please pass this message on.

See you in Washington D.C. on April 15, 2010.

Join the Second American Revolution! 

 

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Memo To: American Talk Radio Show Hosts–United We Stand, Divided We Fall–The FairTax or Flat Tax–It Is Time!

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Frederic Bastiat–The Law–Videos

Yaron Brook–Videos

Friedrich Hayek–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Ludwig von Mises–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

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Julian Simon–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas E. Woods, Jr.–Videos

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A New Political Party In The United States? American Citizens Alliance Party–ACAP On Government Spending, Taxes, Debt, and Regulations!

Posted on May 11, 2009. Filed under: Blogroll, Communications, Economics, Education, Employment, Links, People, Politics, Quotations, Raves, Strategy, Taxes, Wisdom | Tags: , , , , , , , , , , , , , , , , |

 “Full government control of all activities of the individual is virtually the goal of both national parties.”

~Ludwig von Mises

 

“A society that does not recognize that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom.”

~Friedrich A. Hayek

 

“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.”

~Milton Friedman
 

Glenn Beck On Political Parties and Independents

 

U.S. Party ID Advantage Stays With Democrats

Democrats Hold Clear Advantage Among Women

 GOP Faces Party ID Deficit Among All Age Groups

Gingrich warns conservatives could form third party

Ron Paul: The Poor & Middle Class Are Suffering While The Elites Are Being Bailed Out!

 

Joe Scarborough: Republican Party Is Radical, Not Conservative

Scarborough on GOP: No New Ideas


 

Many movement conservatives and libetarians that in the past voted Republican have decided that both political parties no longer represent the interests of the American people.

Both political parties are enlarging the scope and size government–more government spending, taxes, debt and regulations:

 

Stop Spending Our Future – The Crisis

Taxes are NOT the problem…

defcits_presidents

http://www.babeled.com/2009/03/28/historical-us-federal-government-budget-analysis-1981-to-2008/

 

Instead of truly cutting the number of Federal Government Departments, budgets, programs, and taxes–both parties want to expand them.

The individual and family are under attack by more and more government at the local, state, and Federal level.

Government growth has become a cancer that needs to be stopped.

More and more I am convinced that a third party based on limited government would be successful in getting both Republican and Democratic voters as well as independents as party members.

It will take ten to twenty years or more to organize and win a majority of the voters.

Several conservative and libertarian talk show hosts have in the past worked in Republican administrations.

These talk show hosts are married to the Republican Party and want no part of a new conservative/libertarian fusion party of American citizens.

Unfortunately, the glory golden days of Senator Barry Goldwater and President Reagan are long gone, but not forgotten.

Most conservatives and libertarians have no desire to work in any administration, Republican or Democratic.

Trying to change the Republican Party leadership is of no interest to them.

Movement conservatives and libertarians did change the leadership of the Republican Party in 1964.

Then waited another 16 years before Ronald Reagan was finally elected.

 

Conservatives Re-Take the Republican Party at the 1964 Convention

 

Ronald Reagan Speech – 1964 Republican National Convention

Let the supporters of Rockefeller, Bush and McCain–moderates and liberals–keep the Republican Party.

Instead, a new party that runs on conservative and libertarian principles and delivers on them would win my vote.

A new party whatever the name will arise from a grassroot movement of individuals that favor limited government, massive cuts in spending, lower taxes, fewer regulations, ending illegal immigration  and starting criminal alien removal, individual ownership accounts for Social Security, bringing all the troops home from around the world, universal education vouchers to promote competition with government schools,  and yes, The FairTax!

Neither the Democrats nor Republicans support such initiatives–most of them actually oppose most if not all of them.

There is a need for leaders that can communicate ideas and organize a grassroots movement.

There is also a need for financial backers that can supply the money to fund the party building activities and political campaigns.

A leader that is a combination of Ronald Reagan and George Marshall backed by a Bill Gates would fit the profile. 

Leaders must be thinkers and communicators and not just readers of prepared speeches.

Remember Ronald Reagan read and understood the works of the great economists Ludwig von Mises, Friederick Hayek and Milton Friedman:

“Rowland Evans: “What philosophical thinkers or writers most influenced your conduct as a leader, as a person?” Ronald Reagan: “Well .. I’ve always been a voracious reader — I have read the economic views of von Mises and Hayek, and .. Bastiat .. I know about Cobden and Bright in England — and the elimination of the corn laws and so forth, the great burst of economy or prosperity for England that followed.” (Rowland Evans & Robert Novak, The Reagan Revolution, New York: E. P. Dutton, 1981, p. 229).

“The most important player on Ronald Reagan’s economic team is Ronald Reagan. The person most responsible for creating the economic program that came to be known as Reaganomics is Reagan himself. For over twenty years he observed the American economy, read and studied the writings of some of the best economists in the world, including the giants of the free market economy — Ludwig von Mises, Friedrich Hayek and Milton Friedman — and he spoke and wrote on the economy, going through the rigorous mental discipline of explaining his thoughts to others. Over the years he made all the key decisions on the economic strategies he finally embraced.  He always felt comfortable with his knowledge of the field and he was in command all the way.” (Martin Anderson, Revolution, New York: Harcourt Brace Jovanovich, 1988, p. 164.)

The Tea Party American People from both political parties are the core base of a new political party in the United States.

These individuals are throughly disgusted with the fiscally irresponsible Democratic and Republican Parties who put the needs of the government bureaucracy and political elites before the needs and aspirations of the American people.

Many Democrats, Republicans and Independents are demanding a party of principles where God and family are first and government is limited and tertiary.

An alliance of American Citizens– former Democrats, Republicans, Libertarians, and Independents– would win in a landslide exceeding those of President Reagan in 1980 and 1984.

The time for an American conservative and libertarian party is now!

Go to a Tea Party in your community or attend the Washington D.C. Tea Parties on July 4, 2009–Independence Day!

Join the Second American Revolution

 

we_the_people

 

Second American Revolution–Tea Party Celebrations–Washington Fair–July 4, 2009–An Open Invitation To The American People 

American People’s Plan = 6 Month Tax Holiday + FairTax = Real Hope + Real Change!–Millions To March On Washington D.C. Saturday, July 4, 2009!

Millions of Rightwing Extremists To March On Washington D.C. Fair–Celebrating Independence Day Tea Parties and Chanting “Extremism in the defense of liberty is no vice!” 

 

Please Spread The Message of Liberty

liberty_bell1

 “Proclaim liberty throughout the land to all its inhabitants.”

 Let Freedom Ring 

 

 

“The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties are eager to restrict the sphere of private initiative and free enterprise.” 

~Ludwig von Mises

 

“I very seriously believe that capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preference, to aim at what people regard as beautiful or pleasant order, but it is also the indespensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”

~Friedrich A. Hayek

 

“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible. “

~Milton Friedman
 

Background Articles and Videos

 

World’s Smallest Political Quiz

http://www.theadvocates.org/quizp/index.html

 

GOP recasts brand, sans wedge issues

By Ben Smith

 

“…Top Republican leaders Thursday offered a first look at plans to remake their party with a renewed focus on the bread-and-butter issues of domestic policy.

The National Council for a New America launched with an open letter that’s notable for what it leaves out: The issues that a large segment of the party’s base are most passionate about. The letter, signed by 14 congressional Republican leaders, makes no mention of same-sex marriage, immigration — legal or otherwise — or abortion.

The letter outlines five policy areas, four of them domestic, and promises a search for solutions on the economy and on “high quality, affordable [health] care for all Americans.”
What George Will missed: The decrepit state of the California GOP …”

 

http://www.politico.com/news/stories/0409/21957.html

 

PEGGY NOONANAmerica may be ready for a new political party.

Third Time

“…Right now the Republicans and Democrats in Washington seem, from the outside, to be an elite colluding against the voter. They’re in agreement: immigration should not be controlled but increased, spending will increase, etc.

Are there some dramatic differences? Yes. But both parties act as if they see them not as important questions (gay marriage, for instance) but as wedge issues. Which is, actually, abusive of people on both sides of the question. If it’s a serious issue, face it. Don’t play with it.

I don’t see any potential party, or potential candidate, on the scene right now who can harness the disaffection of growing portions of the electorate. But a new group or entity that could define the problem correctly–that sees the big divide not as something between the parties but between America’s ruling elite and its people–would be making long strides in putting third party ideas in play in America again. …”

http://www.opinionjournal.com/columnists/pnoonan/?id=110008453

Party Hacks: Rebooting the GOP 

 

“…It’s worth noting, though, that the Democrats were never able to replicate the gop‘s mastery of talk radio—and not for lack of trying. And Republicans are trying to upgrade their outreach while saddled with a much bigger challenge: determining what the party stands for. That’s not something that can be solved with technology. Stepping up to the mic at the rnc‘s Tech Summit, Sean Doughtie, who runs a Florida-based new-media firm, summed up the problem: “We can blog about blogging. We can twitter about Twitter. But what we’re experiencing as a party is a failure of our brand.”

It didn’t bode well for a party in flux when the rnc‘s Web guru, Cyrus Krohn, abruptly resigned in March. His farewell blog post was titled rnc-YA.”

http://www.motherjones.com/politics/2009/05/party-hacks-rebooting-gop

 

What George Will missed: The decrepit state of the California GOP

By Michelle Malkin

  republican_elephant

 

 

 

 

 

“…George Will’s latest column on the sagging economy of California and the upcoming slate of massive tax-hike initiatives on the ballot only scratches the surface of what’s rotten in the formerly Golden State.

The state GOP is a basket case. The party establishment epitomizes everything that is wrong with the Republican Party nationally: Cronyism, arrogance, waste, and leadership out of touch with its base.

I reportedon how grass-roots conservatives greeted California GOP chairman Ron Nehring with boos and heckles of “Go Home!” and “Throw Them Out!” at the Sacramento Tea Party on April 15. Tea Party organizer Mark Meckler publicly called out Nehring for the party’s waffling on the tax propositions. Nehring attempted to coopt the Tea Party movement for the GOP’s purposes. The tax revolters were having none of it. Here’s the vid: …”

http://michellemalkin.com/2009/05/04/what-george-will-missed-the-decrepit-state-of-the-california-gop/

 

Hero worship

By Michelle Malkin  

republican_elephant

“…I’ve been seeing a lemming-like increase in hand-wringing articles about the need for a GOP “hero.”

The latest comes from McCain/Bush flack Nicolle Wallace in “The Daily Beast” — Tina Brown’s liberal salon sprinkled with acceptable, non-conservative Beltway Republicans who swallow false premises whole.

Wallace parrots the line that the Republican Party needs an “effective communicator” who can match Obama’s “eloquence.”

Her genius, never-before-thought-of proposal: Get an actor!

Wallace floats Gary Sinise as the next “hero.” …”

 http://michellemalkin.com/2009/05/12/hero-worship/ 

California Sagging

By George Will

“…But what actually ails California is centrist evasions. The state’s crisis has been causedby “moderation,” understood as splitting the difference between extreme liberalism and hyperliberalism, a “reasonableness” that merely moderates the speed at which the ever-expanding public sector suffocates the private sector.

California has become liberalism’s laboratory, in which the case for fiscal conservatism is being confirmed. The state is a slow learner and hence will remain a drag on the nation’s economy. But it will be a net benefit to the nation if the federal government and other state governments profit from California’s negative example, which Californians can make more vividly instructive by voting down the propositions on May 19.

Remember the story of the mule that paid attention only after being walloped by a two-by-four? The Democratic-controlled state Legislature is like that. Fortunately, it has handed voters some two-by-fours — the initiatives. Resounding rejections of them should get Sacramento’s attention. …”

http://townhall.com/columnists/GeorgeWill/2009/05/03/california_sagging?page=full&comments=true

 

Milton Freidman – Socialism vs. Capitalism

Ronald Reagan on Capitalism and Socialism

The Morality of Capitalism 1 – Ayn Rand Institute

The Morality of Capitalism 2 – Ayn Rand Institute

The Morality of Capitalism 3 – Ayn Rand Institute

Contemporary American Conservatism

http://fora.tv/2008/09/01/Contemporary_American_Conservatism 

 

 

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Let Them Eat Cake Act: American Elites Killing and Starving The American People

ANWR: Pristine–Pristine–Pristine–Desolute–Desolute–Desolute–Drill–Drill–Drill– McCain/Romney: Drill Here. Drill Now. Pay Less!

Clinton’s Cap and Trade Tax on The American People for Consuming Electricity and Driving Cars, SUVs and Trucks!

Facing Fundamental Facts

Presidential Election 2008: American Elites Vs. American People

Let Them Eat Cake Act: American Elites Killing and Starving The American People

The Heidelberg Appeal: Beware of False Gods and Prophets

Going Deep–Cool–Deep Ocean Water (DOW)–Ocean Power!

Saving The World: The Importance of Getting The Priorities Right

Second American Revolution–Tea Party Celebrations–Washington Fair–July 4, 2009–An Open Invitation To The American People

American People’s Plan = 6 Month Tax Holiday + FairTax = Real Hope + Real Change!–Millions To March On Washington D.C. Saturday, July 4, 2009!

Tea Parties Take Off In Texas–Spreading Nationwide–Are You Going To Washington Fair? Millions Celebrate The Second American Revolution–Saturday, July 4, 2009

Operation Family Freedom (OFF): Millions Celebrate Washington Fair, Saturday, July 4, 2009–The Second American Revolution  

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Millions of Rightwing Extremists To March On Washington D.C. Fair–Celebrating Independence Day Tea Parties and Chanting “Extremism in the defense of liberty is no vice!”

The Empty Suit or Hollow Man–Barrack Obama–An Legend In His Own Mind

Cap and Trade Carbon Dioxide Tax: Gore’s and Obama’s Revenge on The American People–Let Them Freeze and Sweat!

President Obama Delays E-Verify–Shame On You Mr. President!

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

US Immigration Videos

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

One Big Awful Mistake America (OBAMA): Veterans Will Now Lead The Fight To Defeat Radical Socialism!

The Signed “Stimulus Package” Did Not Include Funding for E-Verify and Border Fence Construction–Less Jobs And Security for American Citizens

Inside the Meltdown: Who Was Withdrawing From Money Market Funds On September 16-18, 2008 and Why?

Bad Government Intervention Requires Bad Government Bank-The Road Map Out Of The World Economic Crisis–Stabilize–Stimulate–Strengthen–Simultaneously! 

President Obama’s Sales Pitch–Buy My Government Dependency Package–I Won The Election!–No Sale–The American People Want Their Money Back!

President Barack Obama Peddling The Government Dependency Package (GDP) and Fear Mongering The Raw Deal!

Pelosi’s Porky Pigout Poison Package–Economy Wrecker and Job Destroyer–Have A Blue Christmas 2009! 

BO’s Raw Deal: Obama’s Two Year Recession and Two Year Hyperinflation–Hopeless & Small Change!

Boycott Bailedout Businesses and Banks

Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!

The Sovereign Wealth Fund Threat: Are Chinese Communists Behind Rush In Passing Bailout Bill?

The United States is Broke!–Chapter 11 Bankruptcy Time For GM and Ford Is Now!

Recession–Recession–Recession–Scaring People–Have A Hot Dog!

It Is Official–The U.S. Economy Has Been In A Recession for 11 Months and Continuing! 

Read Full Post | Make a Comment ( 47 so far )

Vote for Free Enterprise and Defeat Radical Socialism (Barack Obama)

Posted on November 1, 2008. Filed under: Blogroll, Books, Climate, Communications, Economics, Employment, Energy, Immigration, Investments, Life, Links, Music, Politics, Quotations, Rants, Raves, Regulations, Resources, Security, Video, War | Tags: , , , , , , , , , , , , , , , , , , |

“…what will happen if a powerful government attempts to institute a socialist economy, that is, “socialist planning”? The answer was: this can be done only by force, by terror, by political enslavement.”

~Karl R. Popper, The Communist Road to Self-Enslavement

 

On November 4, 2008 the American people will go to the polls to elect the next President and Vice President of the United States of America.

This is the first election where the Democratic Party with the assistance of big media have conspired to elect the first radical socialist marxist, Barack Obama.

 

I Invented The Internet (Ep. 1: The Audacity)

 

The American people and their freedom and liberties are directly threatened if Senator Obama is elected President.

Do not believe any of the polls. They are mainly generated by big media that are supporting Obama.

These polls are largely being used to discourage you from voting.

Please vote.

If you are still undecided view:

 

1 Minute Voter Guide Video: Killer of American Dreams–Barack Obama–Radical Socialist

 

Only you can prevent socialism in America.

 

Enjoy Capitalism

 

 

Liberty and Economics

 

The Road to Serfdom – 1

 

The Road to Serfdom – 2

 

Milton Friedman on Libertarianism (Part 1 of 4)

 

Milton Friedman on Libertarianism (Part 2 of 4)

 

Milton Friedman on Libertarianism (Part 3 of 4)

 

Milton Friedman on Libertarianism (Part 4 of 4)

 

The Rise of Libertarianism in America

 

Free To Choose

http://www.freetochoosemedia.org/freetochoose/

 

Background Articles and Videos

Like Father, Like Son

By INVESTOR’S BUSINESS DAILY

Election ’08: Barack Obama’s economic blueprint sounds like one his communist father tried to foist on Kenya 40 years ago, with massive taxes and succor shrouded as “investments.”

 

“As a Nairobi bureaucrat, Barack Hussein Obama Sr. advised the pro-Western Kenyan government there to “redistribute” income through higher taxes. He also demonized corporations and called for massive government “investment” in social programs.

 

Barack Obama Sr., who died in 1982 at age 46 in a Kenya car crash.

Writing in a 1965 scholarly paper, Obama’s late father slammed the administration of then-President Jomo Kenyatta for moving the Third World country away from socialism toward capitalism. He chafed at the idea of relying on private investors — who earn “dividends” on their venture capital — to develop the country’s fledgling economy.

“What is more important is to find means by which we can redistribute our economic gains to the benefit of all,” said the senior Obama, a Harvard-educated economist. “This is the government’s obligation.” The “means” he had in mind were confiscatory taxes on a scale that redefines the term “progressive taxation.”

“Theoretically,” he wrote, “there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed.” …”

“…His son is also pushing massive taxes and “investments” in social programs — at the expense of free enterprise. Sen. Obama wants to raise the top marginal income-tax rate to at least 39%, while increasing Social Security taxes on those with higher incomes by completely removing the payroll cap. That means many entrepreneurs would be paying 12.4% (6.2% on employer and 6.2% on employee) on Social Security payroll taxes alone, plus the 2.9% on Medicare taxes, for a total federal tax rate of 54%.

In addition, Obama wants to jack up the capital-gains tax rate and reinstate the death tax.

Echoing his father, he argues that the government should impose “tax laws that restore some balance to the distribution of the nation’s wealth.”

And likewise, he asserts that the nation’s wealth ought to be rechanneled by government into “investments” in the economy and welfare programs that create “a new American social compact.”

“We can only compete if our government makes the investments that give us a fighting chance” in the global economy, the Democrat presidential hopeful said in his 2006 book, “The Audacity of Hope.” “And if we know that our families have some net beneath which they cannot fall.”

“Training must be expanded,” his father proposed as one of his government “investments.” Likewise, Sen. Obama wants to “invest” billions more in federal jobs retraining. …” 

http://www.ibdeditorials.com/IBDArticles.aspx?id=303952499910291

 

Question: Does Barack Obama Have Any Friends Who AREN’T Communists?

“…The news of Barack Obama’s close relationship with Frank Marshall Davis has been around before, but it’s important. Via Accuracy in Media:

[T]hrough Frank Marshall Davis, Obama had an admitted relationship with someone who was publicly identified as a member of the Communist Party USA (CPUSA). The record shows that Obama was in Hawaii from 1971-1979, where, at some point in time, he developed a close relationship, almost like a son, with Davis, listening to his “poetry” and getting advice on his career path. But Obama, in his book, Dreams From My Father, refers to him repeatedly as just “Frank.” 

The reason is apparent: Davis was a known communist who belonged to a party subservient to the Soviet Union. In fact, the 1951 report of the Commission on Subversive Activities to the Legislature of the Territory of Hawaii identified him as a CPUSA member.

Aren’t we seeing a pattern here? One interaction with one old communist isn’t particularly troubling. A handful of sporadic interactions with a handful of radical left-wingers may not be particularly troubling. But a lifelong pattern of extended associations and alliances with scores of fringe, America-hating radicals is very, very troubling indeed.

 

Just to be clear:

It’s not just that Barack Obama’s father was a Marxist economist or that his mother Stanley came from radical far-left roots.

It’s not just that Obama’s childhood mentor Frank Marshall Davis was a famous communist poet.

It’s not just that Jeremiah Wright, Obama’s pastor, counselor and spiritual mentor of 20 years is a racist, America-hating radical.

It’s not just that Michael Phleger, Obama’s other spiritual mentor is every bit as extreme as Wright.

It’s not just that his wife Michelle has never been really that proud of America, or that she thinks this country is “mean“.

It’s not just that Obama refused to wear a flag, or that he refused to salute it during the national anthem.

It’s not just that Obama’s political and financial benefactor William Ayers is an unrepentant radical socialist terrorist.

It’s not just that Bernadine Dohrn regrets that she didn’t kill more people back in the 1960s.

It’s not just that Alice Palmer, Obama’s political mentor in Chicago, was a communist propagandist.

It’s not just that Obama was a member of the radical socialist New Party or that he ran as a candidate for public office under their far-left platform.

It’s not just that Obama was an agitator, trainer and attorney for the corrupt and radical-left ACORN. ..”

http://mypetjawa.mu.nu/archives/194392.php

 

The Question of Barack Obama’s Socialism

By Donald Douglas

“…Thus, in both policy and associations, it’s clearly not unreasonable to identify Barack Obama as socialist, and not just of the democratic welfare state variety. …”

If elected, the Illinois Senator may very well take American government further to the left than in any time in U.S. history, not just in terms of market regulation, but in the fullest sense of the democratic socialist model of European-style welfare states.

http://americanpowerblog.blogspot.com/2008/10/question-of-barack-obamas-socialism.html

 

Protest at the L.A. Times: Free the tape! Updated

By Michelle Malkin

“…Several southern California readers send word that there will be a protest at the L.A. Times building today at 10am Pacific/1pm Eastern over the suppressed Obama/Khalidi tape.

Here’s the info: …”

http://michellemalkin.com/2008/10/30/protest-at-the-la-times/

 

 

Barack Obama and the Strategy of Manufactured Crisis

By James Simpson

Association of Community Organizations for Reform Now--ACORN
Association of Community Organizations for Reform Now–ACORN

“…As a young attorney in the 1990s, Barack Obama represented ACORN in Washington in their successful efforts to expand Community Reinvestment Act (CRA) authority. In addition to making it easier for ACORN groups to force banks into making risky loans, this also paved the way for banks like Superior to package mortgages as investments, and for the Government Sponsored Enterprises Fannie Mae and Freddie Mac to underwrite them. These changes created the conditions that ultimately lead to the current financial crisis.

Did they not know this would occur? Were these smart people, led by a Harvard graduate, unaware of the Econ 101 concept of moral hazard that would result from the government making implicit guarantees to underwrite private sector financial risk? They should have known that freeing the high-risk mortgage market of risk, calamity was sure to ensue. I think they did.

Barack Obama, the Cloward-Piven candidate, no matter how he describes himself, has been a radical activist for most of his political career. That activism has been in support of organizations and initiatives that at their heart seek to tear the pillars of this nation asunder in order to replace them with their demented socialist vision. Their influence has spread so far and so wide that despite their blatant culpability in the current financial crisis, they are able to manipulate Capital Hill politicians to cut them into $140 billion of the bailout pie!

God grant those few responsible yet remaining in Washington, DC the strength to prevent this massive fraud from occurring. God grant them the courage to stand up in the face of this Marxist tidal wave.

http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

 

Obama is Hiding a Radical Past!

  1. Barack Obama attended and participated in meetings of the Chicago New Party and the Chicago DSA, the local affiliate of the Democratic Socialists of America.
  2. Barack Obama sought the endorsement of the Chicago DSA which required rigorous scrutiny by the party’s Political Committee as well as Mr. Obama’s signature on a contract promising “a visible and active relationship with the NP.”
  3. Barack Obama actively used the endorsement from the Chicago DSA.
  4. Barack Obama won his DSA-endorsed and -backed campaign to secure his seat in the Illinois State Senate.
  5. Barack Obama continued his involvement with the Chicago DSA — including directly asking the group to join “his task forces on Voter Education and Voter Registration” — and received their endorsements in subsequent campaigns.

 

Obama’s participation in and endorsement from the Chicago New Party and Chicago DSA, the local affiliate of the Democratic Socialists of America (which is the U.S. affiliate of the Socialist International) is quite clear: …”

“…Conclusion
Barack Obama has a long-term and sustained relationship with the Chicago DSA, an affiliate of the Democratic Socialists of America, and with the Chicago New Party. He participated in multiple membership meetings and in DSA-sponsored events, repeatedly sought their endorsement. This does not answer all questions about Barack Obama’s past relationships with multiple socialist groups. What the media need to find out is this: Has Barack Obama broken his ties with them> If so, when and why? …”

http://www.noquarterusa.net/blog/2008/10/07/obama-is-hiding-a-radical-past/

 

Economics in One Lesson: Part 1

 

Economics in One Lesson: Part 2

 

Economics in One Lesson: Part 3

 

Economics in One Lesson: Part 4

 

Economics in One Lesson: Part 5

 

Economics in One Lesson: Part 6

 

Economics in One Lesson: Part 7

 

Economics in One Lesson: Part 8

 

Economics in One Lesson: Part 9

 

Economics in One Lesson: Part 10

 

Economics in One Lesson: Part 11

 

Economics in One Lesson: Part 12

 

Letters to a Captive Nation – #2 – Thomas Sowell

 

Letters to a Captive Nation – #3 – Thomas Sowell

 

Letters to a Captive Nation – #4 – Thomas Sowell

 

Letters to a Captive Nation

 

Socialism and Fascism pt.1

 

Socialism and Fascism pt.2

 

Socialism and Fascism pt.3

 

The Anticapitalists: Barbarians at the Gate

 

An Illusion of Freedom: Socialism to Fascism

 

350 Years of Economic Theory in 50 Minutes

 

 

Related Posts On Pronk Palisades

 

1 Minute Voter Guide Video: Killer of American Dreams–Barack Obama–Radical Socialist

Unconstrained Obama vs. Constrained McCain: A Conflict of Visions

Thomas Sowell and Conflict of Visions–Videos

Milton Friedman on Education–Videos

Vote for Free Enterprise and Defeat Radical Socialism (Barack Obama)

The 2008 U.S. Presidential Election–Wedge Issues Now (WIN)?

Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

Barack Obama–Radical Socialist–Outed On YouTube!

Barack Obama’s Second Socialist Terrorist Connection–Kenyan Moslem Terrorist Odinga

Barack Obama’s Third Socialist Terrorist Connection–Rashid Khalidi–PLO

Barack Obama–A Reader Not A Leader!

Barack Obama Cult? 

Joe The Plumber and Big Media–Invading and Covering Up The Lives of Others

Obama’s Outrageous October Socialist Sweet Surprise–How Sweet It Is?

The 2008 U.S. Presidential Election–Wedge Issues Now (WIN)?

Phoney Political Polls–Just Flip It Off–McCain 55% vs. Obama 40%

New Poll: McCain/Palin Will Win 50 States!–Obama/Biden Will Win 57 States?

General George S. Patton vs. Senator Barack H. Obama–No Contest

Marx, Lenin, Stalin, Mao, Castro, Chavez, Ayers–Obama, Biden–Socialist Thieves All!

George Soros: Barack Obama’s Money Man and Agenda Puppeter

The Movement Conservatives Will Rock You Obama!

Obama Anthem, Flag and Salute for The First Democratic Party Rally in Stadium

Conservative Turnout Will Determine the Outcome of The Presidential 2008 Race Between McCain vs. Obama

ACORN–Association of Community Organizations for Reform Now–Obama’s Red Shirts

Barrack “Taxman” Obama–Yes He Can Take Your Money–But Only You Can Stop Socialism!

Obama–ACORN–CRA–Congress–Democratic Party–Fannie Mae–

Trumping The Race Card: Is Barack Obama White Male Enough?

Comrade Barack Obama–Arrogant Elitist Socialist–US Job Destroyer and Economy Wrecker

Barrack Obama’s Kansas Values–Killing Babies in Cold Blood?

Obama and McCain–Socialism and Appeasement!

Barack Obama: A Watermellon Man–Green on The Outside–Red on The Inside

Fathers, Mothers and Babies for Senator John McCain!

Barack Obama Throws His White Grandma Under The Bus–Backs Up and Does It Again–Amazing!

Barack Obama–Damaged Goods–Birds of A Feather Flock Together

Ask a Greedy Green Government (GGG) Democratic to Pay for Your Gas

Clinton & Obama: First They Lie To You and Then They Steal Your Property!

Facing Fundamental Facts

Cap & Trade Taxes–Government Greedy Green Taxes–Based On Government Junk Science

Clinton’s Cap and Trade Tax on The American People for Consuming Electricity and Driving Cars, SUVs and Trucks!

Let Them Eat Cake Act: American Elites Killing and Starving The American People

Presidential Election 2008: American Elites Vs. American People

National Center for Policy Analysis–A Global Warming Primer

Global Warming is The Greatest Hoax, Scam and Disinformation Campaign in History

Global Warming Videos

Global Warming Books

Global Warming Sites

Al Gore: Agent of Influence or Useful Idiot of Disinformation

Al Gore: Agent of Influence and Planetary Propeller Head!

Al Gore’s Little White Lie: Man-Made Global Warming Causing Polar Bears To Drown 

Al Gore’s Big Whopper–Sea Levels Rise By 2100: Gore 20 Feet vs IPCC 2 Feet?  

 Born Again Oil Man: John “spud” McCain–Praise The Lord and Start Drilling

ANWR: Pristine–Pristine–Pristine–Desolute–Desolute–Desolute–Drill–Drill–Drill– McCain/Romney: Drill Here. Drill Now. Pay Less!

Presidential Election 2008: American Elites Vs. American People

The Heidelberg Appeal: Beware of False Gods and Prophets 

Going Deep–Cool–Deep Ocean Water (DOW)–Ocean Power!

Saving The World: The Importance of Getting The Priorities Right

A Place for Your Stuff–When You Are Dead–You Just Disappear–You are Going Away–Your Safe At Home!: George Carlin RIP 

Appeasers and Oath Breakers All: Bush, Clinton, Bush, McCain, Clinton, Obama…Who is next?

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

John McCain’s Position on Illegal Immigration and Criminal Alien Removal? 

Presidential Election 2008: American Elites Vs. American People

Alan Keyes on Immigration

US Immigration Videos 

Read Full Post | Make a Comment ( 3 so far )

Profiles in Opportunism–General Colin Powell–RINO Ingrate

Posted on October 21, 2008. Filed under: Blogroll, Economics, Links, Politics, Quotations, Rants, Raves, Science, Security, Strategy, Taxes, Technology, Video, War | Tags: , , , , , , , , , , , , , , , , , |

“One man’s opportunism is another man’s statesmanship”

 ~Milton Friedman

 

The personal attacks against me during the primary finally became so heavy that the state Republican chairman, Gaylord Parkinson, postulated what he called the Eleventh Commandment: Thou shalt not speak ill of any fellow Republican. It’s a rule I followed during that campaign and have ever since.

~Ronald Reagan

 

RicePowellBushRumsfeld.jpg

 

General Colin Powell Endorses Barack Obama! pt.1

 

General Colin Powell Endorses Barack Obama! pt.2

 

h4>General Colin Powell Endorses Barack Obama! pt.3

 

I would have voted for General Powell had he decided to run and obtained the nomination in 1996.

While not totally surprised by General Powell’s endorsement of Senator Obama, his reasoning is highly suspect. Frankly it does not make sense.

Senator Obama is a radical socialist that has associated with a black racist minister for over twenty years, two terrorist bombers for over twelve years, convicted felons, and the very far left of the Democratic Party and several leftist socialist parties.

 

Top 20 Obama Pastor Comments You Never Saw

 

Barack Obama & Friends Sean Hannity Special

 

Barack Obama & Friends Sean Hannity Special Part 2

 

Barack Obama & Friends Sean Hannity Special Part 3 

 

Barack Obama & Friends Sean Hannity Special Part 4

 

Barack Obama & Friends Sean Hannity Special Part 5

 

Barack Obama & Friends Sean Hannity Special Part 6

 

 

Barack’s Trinity Church (Part 1 of 2)

 

Barack’s Trinity Church (Part 2 of 2)

 

Ayers’ Weathermen planned “re-education”, genocide

 

Either General Powell has not done his homework or he has conveniently chosen to ignore it.

Senator Obama could not pass a routine FBI or Secret Service background check.

Red flags would be flying!

Obama is an economic illiterate, ask Thomas Sowell for his opionion. He is no fan of either Senator McCain or Senator Obama.

Senator McCain is a moderate Republican that leans towards to right some of the time.

The problem the Republican Party has is it moved to the left over the last four years and nearly destroyed the party in the process.

Senator McCain did not fire you General Powell, President George W. Bush did when he asked for your letter of resignation.

Instead Senator McCain wanted your opponent Defense Secretary Rumsfeld fired.

Senator McCain was right and President George W. Bush was very slow in changing strategy and leadership of the war in Iraq.

While I understand identity politics, I think people who vote this way will be very disappointed.

Several Republican Presidents gave General Powell career opportunities that very few military officers are ever given.

For General Powell at this late date to decide to support a Senator that is unqualified and of questionable character smells of opportunism, ingratitude and poor judgement.

General Powell was fooled, he will regret his endorsement.

President McCain will remember this betrayal by General Powell of his former party.

Weapons of mass destruction did exist and still exist in Iraq and Syria.

 

Democrats on Iraq + WMD’s (Weapons of Mass Destruction)

 

Al Gore: No Doubt Saddam’s Weapons Are Grave Threat

 

If Bush Lied, Did Bill Clinton Lie on Iraq WMD?

 

Gore criticizes Bush for ignoring Iraq’s ties to terrorism

 

Newt Gingrich on Powell endorsement

 

Our own “Phoney War” – Newt Gingrich

 

Rush Limbaugh, Race And The Colin Powell Endorsement

 

Colin Powell

Colin Luther Powell (born April 5, 1937[1]) is a retired General in the United States Army. He was the 65th United States Secretary of State (2001–2005), serving under President George W. Bush. As a General in the United States Army, Powell also served as National Security Advisor (1987–1989) and as Chairman of the Joint Chiefs of Staff (1989–1993), holding the latter position during the Gulf War. He was the first and, so far, the only Jamaican American to serve on the Joint Chiefs of Staff or in the Cabinet. …”

http://en.wikipedia.org/wiki/Colin_Powell

Republican In Name Only

Republican In Name Only, or RINO, is a neologism created by Los Angeles conservative activist Celeste Greig. It is considered a disparaging term for a member of the Republican Party of the United States (the GOP) whose political views or actions are perceived as insufficiently conservative or otherwise outside the party mainstream. …”

http://en.wikipedia.org/wiki/Republican_In_Name_Only

 

The Colin Powell endorsement: Triumph of hope over reality

By Michelle Malkin  

“…Powell’s embrace of Barack Obama is a triumph of hope over reality. He told Tom Brokaw that Obama’s “steadiness” and “not jumping in and changing every day” convinced him that The One was ready to lead.

Hello?

Guess Powell relied on Obama’s website after he purged his surge criticism from it.

Powell then goes on to pooh-pooh Obama’s longtime “limited relationship” with Weather Underground terrorist Bill Ayers as an “issue that is not central” to the campaign — just as evidence of the closeness of these two very chummy “neighbors” mounts.

Judgment, schmudgment, eh, Secretary Powell?

Finally, we arrive at the real reason Powell is endorsing Obama: The party, he complains, has become too “narrow” for his tastes. Pro-abortion Powell can’t stand the thought of two more Republican Supreme Court appointments. He thinks Sarah Palin is too conservative. He shares the Obama view of our base as racist and non-inclusive — but has nothing to say about the rabid pack of America-damning preachers who helped make Obama the “transformational” figure Powell has placed his faith in.  …” 

http://michellemalkin.com/

 

Thomas Sowell: Obama has voters convinced his ‘change’ is needed

“…Perhaps a defining moment in showing Obama’s priorities was his declaring, in answer to a question from Charles Gibson, that he was for raising the capital gains tax rate. When Gibson reminded him of the well-documented fact that lower tax rates on capital gains had produced more actual revenue collected from that tax than the higher tax rates had, Obama was unmoved.

The question may be the economic issue, but the political issue is whether socking it to “the rich” in the name of “fairness” gains more votes.

Since about half the people in the United States own stocks — either directly or because their pension funds buy stocks — socking it to people who earn capital gains is by no means socking it just to “the rich.”

If you are a nurse or mechanic who will be depending on your pension to take care of you when you retire — as Social Security is unlikely to do — you may not think of yourself as one of the privileged.

Obama is for higher minimum wage rates. Does anyone care what actually happens in countries with higher minimum wage rates? Of course not. Studies show that higher minimum wage rates usually mean higher unemployment rates among lower skilled and less experienced workers.

http://www.norwichbulletin.com/opinions/columnists/x518448713/Thomas-Sowell-Obama-has-voters-convinced-his-change-is-needed

 

Barack Obama on Taxes

 

 United States Security and the Strategic Landscape

 

Thomas Barnett: The Pentagon’s new map for war and peace

 

The Pentagons New Map – Thomas Barnett lecture

http://video.google.com/videoplay?docid=4689061169761152025

 

“Pat Brown brought Senator Edward Kennedy to California to help him campaign, and he began a speaking trip around the state declaring, “Reagan has never held any political office before and here he is seeking the top spot in the government of California.” He abandoned that theme after my next speech, when I said, “I understand there’s a senator from Massachusetts who’s come to California and he’s concerned that I’ve never held office prior to seeking this job. Well, you know, come to think of it, the senator from Massachusetts never held any job before he became a senator.”

~Ronald Reagan

http://www.ronaldreagan.com/campaign.html

LOL

Red State Update: Colin Powell Endorses Obama

 

 

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Killer of American Dreams–Barack Obama–Radical Socialist–Video 

Phoney Political Polls–Just Flip It Off–McCain 55% vs. Obama 40%

New Poll: McCain/Palin Will Win 50 States!–Obama/Biden Will Win 57 States?

General George S. Patton vs. Senator Barack H. Obama–No Contest

Marx, Lenin, Stalin, Mao, Castro, Chavez, Ayers–Obama, Biden–Socialist Thieves All!

George Soros: Barack Obama’s Money Man and Agenda Puppeter

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Obama Anthem, Flag and Salute for The First Democratic Party Rally in Stadium

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Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

Obama–ACORN–CRA–Congress–Democratic Party–Fannie Mae–Barrack Obama’s Kansas Values–Killing Babies in Cold Blood?

Unconstrained Obama vs. Constrained McCain: A Conflict of Visions

Outting Obama: Radical Racist Rabble Rouser Reader

Barack Obama: The First Previable Puppet Presidential Candidate!

Barack Obama–A Reader Not A Leader!

Barack Obama Cult? 

Barack Obama: A Watermelon Man–Green on The Outside–Red on The Inside

Barack Obama–Damaged Goods–Birds of A Feather Flock Together

Read Full Post | Make a Comment ( 7 so far )

Milton Friedman on Education–Videos

Posted on October 18, 2008. Filed under: Blogroll, Economics, Education, Employment, Investments, Life, Links, Politics, Quotations, Raves, Regulations, Resources, Taxes, Video | Tags: , , , , , , , , , , , , , , , , |

I was doing some research for an upcoming post and ran across these videos by the late economist and Noble Prize in Economics recipient, Milton Friedman.

The govenment monopoly of public schools has costs the American people greatly.

The schools need competition and parents need school vouchers to enable them to chose the school that would be best for their children.

If any monopoly needs to be broken up, this is number one on my list. 

 

Milton Friedman On Education (Part One)

 

Milton Friedman On Education (Part Two)

 

Milton Friedman On Education (Part Three)

 

Milton Friedman On Education (Part Four)

 

Milton Friedman On Education (Part Five)

 

Milton Friedman On Education (Part Six)

 

Background Articles and Videos

 

“Milton Friedman (July 31, 1912 – November 16, 2006) was an American Nobel Laureate economist and public intellectual. He is best known among scholars for his theoretical and empirical research, especially consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.[1] A global public followed his restatement of a libertarian political philosophy that insisted on minimizing the role of government in favor of the private sector. As a leader of the Chicago School of economics, based at the University of Chicago, he had a widespread influence in shaping the research agenda of the entire profession. Friedman’s many monographs, books, scholarly articles, papers, magazine columns, television programs, videos and lectures cover a broad range of topics in microeconomics, macroeconomics, economic history, and public policy issues. The Economist hailed him as “the most influential economist of the second half of the 20th century…possibly of all of it”.[2] …”

http://en.wikipedia.org/wiki/Milton_Friedman

Charlie Rose – Economist Milton Friedman.

 
 

Positive Developments in Expanding School Choice in 2007


 

2008 Index of Economic Freedom

The 2008 Index of Economic Freedom covers 162 countries across 10 specific freedoms such as trade freedom, business freedom, investment freedom, and property rights. View scores and rankings for any country, along with detailed data and background analysis.

http://www.heritage.org/research/features/index/

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George Soros: Barack Obama’s Money Man and Agenda Puppeter

Posted on September 18, 2008. Filed under: Blogroll, Economics, Links, People, Politics, Rants, Raves, Resources, Taxes, Video, War | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

George Soros

George Soros

 UPDATED June 22, 2010

Drillgate–Crime Inc. aka Barack Obama and The Progressive Radical Socialist Gang Shakedown The American People–Shakedown–Breakdown–Takedown–You’re Busted!

George Soros is one of Barack Obama’s primary financial backers and agenda puppeter.

Senator Obama and George Soros

Senator Obama and George Soros

Much of Barack Obama’s socialist agenda and ideas for the United States comes directly from Soros and in turn through his network of leftist funded organizations. This includes the funding of organizations that advocate abortion, open borders, amnesty for illegal aliens, a cap and trade tax, to prevent man-made global warming, huge cuts in defense spending, increasing the minimum wage and the world poverty tax just to name a few.

Soros likes to be considered a “stateless stateman”.

In fact he is more accurately described as the Godfather of World Socialism.

Too bad Soros has not apparently read or understood the works of Friedrick Hayek, Karl Popper’s good friend and author of the Open Society and Its Enemies for which Soros’ Open Society Institute (OSI) is named.

http://www.soros.org/

http://www.soros.org/about/overview

I find Soros ideas interesting but his dismissal of capitalism as market fundamentalism both revealing and mistaken.

Milton Friedman was right, the road to hell is paved with good intentions.  

Rumors on talk radio are that Soros and his financial currency trader group are planning an October surprise such as either a run on the U.S dollar or bidding up of oil future contract prices.

If this happens and they are successful, U.S. gasoline prices would significantly increase above $4 a gallon as the US dollar declines in value and the cost of oil increases.

This is turn would throw the economy into a recession or at less increased fear of a recession in 2009.

The theory is this would help Obama.

I think not.

Such a move would backfire for the simple reason, it is the Democratic Party that is stopping oil and gas exploration off the U.S. coasts and in ANWR.

Furthermore, the Democratic Party is largely responsible through Federal government intervention in the mortage markets insisting on home loans for people that would not normally qualify.

This resulted in the financial collapse of both Fannie Mae and Freddie Mac and the need for its bailout and the collapse or buyout of a number of mortage bankers, investment banks, and broker dealers.

One of Senator’s Obama’s financial and housing advisor just so happens to be Franklin Raines, the man who collected over $90 million in compensation for mismanaging Fannie Mae (see videos below on Fannie Mae, Raines, and the bailout).

I think there will be two October surprises that will appear in the last week of the campaign.

Just in case a Soros instigated surprise materializes, you better fill up your gas tank in the last week on October.

Make sure you have enough gas in your vehicle’s gas tank to get to the place you vote.

If you want a recession and socialism vote Obama.

If you want a job and capitalism vote McCain. 

Only you can prevent socialism in America.

 UPDATED June 22, 2010

The Obama payoff for the George Soros contributations and support exposed by Glenn Beck and Fox News!

Drillgate–Crime Inc. aka Barack Obama and The Progressive Radical Socialist Gang Shakedown The American People–Shakedown–Breakdown–Takedown–You’re Busted!

Soros on the Economy

Davos Annual Meeting 2008 – CNBC Debate: Who is in charge?

Davos Annual Meeting 2009 – World Economic Brainstorming

George Soros and Acorn in the 2008 Elections

Background Articles and Videos

 

Leadership Speaker Series: George Soros (Part 1 of 2)

“…CPL director David Gergen interviews George Soros, Chairman of Soros Fund Management and the Open Society Institute. …”

 

Leadership Speaker Series: George Soros (Part 2 of 2)

“..CPL director David Gergen interviews George Soros, Chairman of Soros Fund Management and the Open Society Institute. …”

 

Neil Cavuto’s interview of George Soros Part 1


 

Neil Cavuto’s interview of George Soros Part 2


 

Charlie Rose – George Soros / Arianna Huffington

“…Segment 1: Billionaire philanthropist George Soros talks about his new book, The Age of Fallibility.

Segment 2: We conclude with Arianna Huffington, editor of the blog The Huffington Post. Her new… ”

George Soros

George Soros (pronounced /ˈsɔroʊs/ or /ˈsɔrəs/,[2] Hungarian IPA[ˈʃoroʃ]) (born August 12, 1930, in Budapest, Hungary, as György Schwartz) is a Hungarian-born American financial speculator, stock investor, philanthropist, and political activist.[3]

Currently, he is the chairman of Soros Fund Management and the Open Society Institute and is also a former member of the Board of Directors of the Council on Foreign Relations. …”

http://en.wikipedia.org/wiki/George_Soros 

George Soros Web Site

http://www.georgesoros.com/

George Soros says more banks will go under; speaks of a “meltdown” and the 1930s
By Newsnight interviews George Soros
Sep 17, 2008, 08:33

“…Soros: “Well I’m afraid we are not through it at all. In some ways we are heading into the storm rather than coming out of it. And right at this minute we are at the very precarious moment because the bankruptcy of Lehman Brothers has thrown the financial markets into turmoil.” 

Newsnight: What do you think will happen? More banks go under?

Soros: Well, certainly more banks but maybe not the size of Lehman. But right now an even larger company, American International which is an insurance company is under pressure and a rescue is being prepared and the question is whether it will be successfully put together.

Newsnight: So was it right then to step in? Do you think AIG should be rescued? Do you think Lehman should have been rescued?

Soros: Whether Lehman should have been rescued depends on whether the financial system survives it or not. If the financial system survives it, then it was the right thing to do to let them go bust. If there is a meltdown, then it wasn’t because one thing is clear that you musn’t allow the financial system to collapse as it did in the 1930s. They’ve been reluctant to put taxpayers money at risk but if necessary, I’m sure they will do it.

http://axisoflogic.com/artman/publish/article_28248.shtml

GUIDE TO THE GEORGE SOROS NETWORK

“George Soros is one of the most powerful men on earth. A New York hedge fund manager, he has amassed a personal fortune estimated at about $7.2 billion. His management company controls billions more in investor assets. Since 1979, his foundation network — whose flagship is the Open Society Institute (OSI) — has dispensed an estimated $5 billion to a multitude of organizations whose objectives are consistent with those of Soros. (The President of OSI and the Soros Foundation Network is Aryeh Neier, who, as Director of the socialist League for Industrial Democracy, personally created the radical group Students for a Democratic Society in 1959.) With assets of $859 million as of 2005, OSI alone donates scores of millions of dollars annually to these various groups, whose major agendas can be summarized as follows:  

  • promoting the view that America is institutionally an oppressive nation
  • promoting the election of leftist political candidates throughout the United States
  • opposing virtually all post-9/11 national security measures enacted by U.S. government, particularly the Patriot Act
  • depicting American military actions as unjust, unwarranted, and immoral
  • promoting open borders, mass immigration, and a watering down of current immigration laws
  • promoting a dramatic expansion of social welfare programs funded by ever-escalating taxes
  • promoting social welfare benefits and amnesty for illegal aliens
  • defending suspected anti-American terrorists and their abetters
  • financing the recruitment and training of future activist leaders of the political Left
  • advocating America’s unilateral disarmament and/or a steep reduction in its military spending
  • opposing the death penalty in all circumstances
  • promoting socialized medicine in the United States
  • promoting the tenets of radical environmentalism, whose ultimate goal, as writer Michael Berliner has explained, is “not clean air and clean water, [but] rather … the demolition of technological/industrial civilization”
  • bringing American foreign policy under the control of the United Nations
  • promoting racial and ethnic preferences in academia and the business world alike …”

http://www.discoverthenetworks.org/viewSubCategory.asp?id=589

Organizations Funded Directly by George Soros and his Open Society Institute

“…Organizations that, in recent years, have received direct funding and assistance from George Soros and his Open Society Institute (OSI) include the following. (Comprehensive profiles of each are available in the “Groups” section of DiscoverTheNetworks.org): …”

http://www.discoverthenetworks.org/Articles/Organizations%20Funded%20Directly5.htm

From the great editors at the Investor Business Daily:

The Soros Threat To Democracy

“…George Soros is known for funding groups such as http://MoveOn.org that seek to manipulate public opinion. So why is the billionaire’s backing of what he believes in problematic? In a word: transparency.

How many people, for instance, know that James Hansen, a man billed as a lonely “NASA whistleblower” standing up to the mighty U.S. government, was really funded by Soros’ Open Society Institute, which gave him “legal and media advice”?

That’s right, Hansen was packaged for the media by Soros’ flagship “philanthropy,” by as much as $720,000, most likely under the OSI’s “politicization of science” program.

That may have meant that Hansen had media flacks help him get on the evening news to push his agenda and lawyers pressuring officials to let him spout his supposedly “censored” spiel for weeks in the name of advancing the global warming agenda.

Hansen even succeeded, with public pressure from his nightly news performances, in forcing NASA to change its media policies to his advantage. Had Hansen’s OSI-funding been known, the public might have viewed the whole production differently. The outcome could have been different.

That’s not the only case. Didn’t the mainstream media report that 2006’s vast immigration rallies across the country began as a spontaneous uprising of 2 million angry Mexican-flag waving illegal immigrants demanding U.S. citizenship in Los Angeles, egged on only by a local Spanish-language radio announcer?

Turns out that wasn’t what happened, either. Soros’ OSI had money-muscle there, too, through its $17 million Justice Fund. The fund lists 19 projects in 2006. One was vaguely described involvement in the immigration rallies. Another project funded illegal immigrant activist groups for subsequent court cases.

So what looked like a wildfire grassroots movement really was a manipulation from OSI’s glassy Manhattan offices. The public had no way of knowing until the release of OSI’s 2006 annual report.

Meanwhile, OSI cash backed terrorist-friendly court rulings, too.

Do people know last year’s Supreme Court ruling abolishing special military commissions for terrorists at Guantanamo was a Soros project? OSI gave support to Georgetown lawyers in 2006 to win Hamdan v. Rumsfeld — for the terrorists.

OSI also gave cash to other radicals who pressured the Transportation Security Administration to scrap a program called “Secure Flight,” which matched flight passenger lists with terrorist names. It gave more cash to other left-wing lawyers who persuaded a Texas judge to block cell phone tracking of terrorists.

They trumpeted this as a victory for civil liberties. Feel safer? …”

http://sweetness-light.com/archive/ibd-the-george-soros-threat-to-democracy

IBD Editorials

George Soros & MoveOn.org

In this exclusive series, IBD takes a look at George Soros, MoveOn.org and the impact they’re having on the Democratic Party and American politics.


 

The Soros Threat To Democracy

 

Democracy: George Soros is known for funding groups such as MoveOn.org that seek to manipulate public opinion. So why is the billionaire’s backing of what he believes in problematic? In a word: transparency.


 

George Soros: The Man, The Mind And The Money Behind MoveOn

 

The Left: The smear ad published against Gen. Petraeus has drawn attention to its sponsor, MoveOn.org. But the fingerprints of the group’s chief financial backer, George Soros, were all over it. Who is this man and what is he up to?


 

A Party Bought And Paid For

 

Election 2008: MoveOn.org once crowed that it had bought and owned the Democratic Party. With the Senate now blasting its tactics, that’s an open question. But not, apparently, for Democrats running for president.

http://ibdeditorials.com/series4.aspx

The Evolving Agenda of George Soros’s Democracy Alliance

“…The Democracy Alliance, as we observed in the January 2008 issue of Foundation Watch (”Billionaires for Big Government: What’s Next for George Soros’s Democracy Alliance?”), is slowly maturing and becoming more focused in its objectives.

Could it be that the Democracy Alliance has finally adopted a firm business plan?

Since its founding in 2005, the DA, a liberal donors’ collaborative that aims to create a permanent political infrastructure of nonprofits, think tanks, media outlets, leadership schools, and activist groups–a kind of “vast left-wing conspiracy” to compete with the conservative movement, has focused on fairly well-established pressure groups, watchdogs and think tanks, get-out-the-vote (GOTV) operations, and political action committees (PACs). These bread-and-butter liberal groups have included:

Media Matters for America
Center for American Progress
People for the American Way
New Democratic Network
Progressive Majority
Citizens for Responsibility and Ethics in Washington (CREW)
Center for Progressive Leadership
Association of Community Organizations for Reform Now (ACORN)
EMILY’s List
America Votes
Sierra Club
Center on Budget and Policy …”

“…The Democracy Alliance’s “Letter of Interest” invited applications for the 2009/2010 giving cycle from all nonprofit groups on the left, but expressed special interest in organizations that do the following types of work:

* Building power and capacity in key constituencies: engagement and issue advocacy work with key constituencies, primarily Latinos and young people, as well as African Americans and unmarried women.
* New media and technology: content generators, aggregators and distributors that disseminate and amplify progressive messages.
* Law and legal systems: working to advance and protect progressive values and policies at all levels of the legal system.
* Early stage idea generators: focusing on progressive idea generation and development at the early and middle stages of the idea cycle including journals, academic networks, books, and non-traditional think tanks..
* Content generation: focusing on traditional and new media vehicles that are capable of developing and effectively promoting progressive ideas.
* Civic engagement coordination: achieving greater efficiency and effectiveness in mobilization and participation work through collaboration and coordination and creating economies of scale.
* Civic engagement tools: increasing capacity and availability of data services, including online organizing services for civic engagement groups.
* Election reform: focusing on structural reforms of our democratic process that will increase voter participation among progressive constituencies.
* Youth leadership development: building on the youth development part of the leadership pipeline that includes looking for organizations targeting young people that work at scale.
* Mid-career nonprofit leadership development: building on the mid-career development part of the leadership pipeline that includes looking for organizations working at scale. …”

http://www.canadafreepress.com/index.php/article/4920

George Soros’ Social Agenda for America

Drug Legalization, Euthanasia, Immigrant Entitlements and Feminism

“Summary: The February issue of Foundation Watch examined the philanthropy of the billionaire financier George Soros. It found that Soros-funded groups supported increased government spending and tax increases, and opposed the death penalty and President Bush’s judicial nominees. In this article author Neil Hrab looks at Soros grants in four other policy areas: drug legalization, euthanasia, immigrant entitlements, and feminist organizing. …”

http://www.capitalresearch.org/pubs/pdf/x3770435801.pdf 

Is Global Warming Alarmist James Hansen a Shill for George Soros?

By Jake Gontesky

How many people, for instance, know that James Hansen, a man billed as a lonely “NASA whistleblower” standing up to the mighty U.S. government, was really funded by Soros’ Open Society Institute , which gave him “legal and media advice”?

That’s right, Hansen was packaged for the media by Soros’ flagship “philanthropy,” by as much as $720,000, most likely under the OSI’s “politicization of science” program. 

So he got some big paychecks from Soros – but was there a quid pro quo? The evidence certainly indicates as much:

That may have meant that Hansen had media flacks help him get on the evening news to push his agenda and lawyers pressuring officials to let him spout his supposedly “censored” spiel for weeks in the name of advancing the global warming agenda.

Hansen even succeeded, with public pressure from his nightly news performances, in forcing NASA to change its media policies to his advantage. Had Hansen’s OSI-funding been known, the public might have viewed the whole production differently. The outcome could have been different. 

Did Soros’ funding pay off? You be the judge. Do a quick google search on James Hansen to read any of the thousands of mainstream media stories touting Hansen’s claims of censorship by the Bush administration. This wouldn’t be the first time credibility questions have been raised regarding Hansen and his alarmist claims [see “When does 1,400 Media Interviews = Muzzled” (03/20/07)].

http://newsbusters.org/blogs/jake-gontesky/2007/09/26/global-warming-alarmist-james-hansen-shill-george-soros

Friedrich Hayek

Friedrich August von Hayek, CH (May 8, 1899 – March 23, 1992) was an Austrian-British economist and political philosopher known for his defence of classical liberalism and free-market capitalism against socialist and collectivist thought in the mid-20th century. He is considered to be one of the most important economists and political philosophers of the twentieth century.[1] One of the most influential members of the Austrian School of economics, he also made significant contributions in the fields of jurisprudence and cognitive science. He shared the 1974 Nobel Prize in Economics with ideological rival Gunnar Myrdal “for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena.”[2] He also received the U.S. Presidential Medal of Freedom in 1991.[3] He is considered to be one of the major forces of change from the dominant interventionist and Keynesian policies of the first part of the 20th century back to towards classical liberalism after the 1980s. …”

http://en.wikipedia.org/wiki/Friedrich_Hayek

Karl Popper

Sir Karl Raimund Popper (July 28, 1902 – September 17, 1994) was an Austrian and British[1] philosopher and a professor at the London School of Economics. He is counted among the most influential philosophers of science of the 20th century, and also wrote extensively on social and political philosophy. Popper is known for repudiating the classical observationalist/inductivist account of scientific method by advancing empirical falsification instead; for his opposition to the classical justificationist account of knowledge which he replaced with critical rationalism, “the first non justificational philosophy of criticism in the history of philosophy”[2] and for his vigorous defense of liberal democracy and the principles of social criticism which he took to make the flourishing of the “open society” possible. …”

http://en.wikipedia.org/wiki/Karl_Popper

Capitalism Doesn’t Work, Mr. Gates?
I just have to smile when billionaires turn cold shoulders to the blessings capitalism bestows.

By Larry Kudlow

“…

The Heritage Foundation/Wall Street Journal 2008 Index of Economic Freedom reveals how free-market economics is spreading like wildfire while state-run socialism is on the decline. And it’s no wonder why. The free-market countries are prospering mightily while the least-free economies are mired in poverty. We’re talking North Korea, Cuba, Zimbabwe, and Iran. Also noteworthy is Venezuela. As the neo-socialist Hugo Chavez attempts to adopt Fidel Castro’s failed economic model, he’s sinking his nation toward Cuba-type poverty.
 

 

Economist Mark Perry, on his Carpe Diem blog site, reports that both the U.S. share of world GDP and its global stock market capitalization are shrinking. But this isn’t a bad thing at all. It doesn’t mean that America is heading downwards. On the contrary, it means that newly freed economies are heading up.
The reality here is that the rising tide of global capitalism is lifting all boats that employ it. Capitalism works. It’s a good thing. It’s the key to unlocking a nation’s prosperity. In fact, free-market capitalism is the greatest anti-poverty program ever devised by man.

 

Another billionaire, George Soros, the Davos partygoer who finances near every left-wing political-action group on both sides of the Atlantic pond, recently wrote in the Financial Times that the era of capitalism is coming to an end. Soros, of course, has been predicting this for at least twenty years — through the greatest world boom in history. And how was it that Soros made his money? Trading currencies in the technologically advanced world financial markets, the very same markets that were spawned by 20th century free-market capitalism.

 

So I just have to smile when billionaires like Bill Gates and George Soros turn cold shoulders to the blessings capitalism bestows. Or when their buddy, Warren Buffett, broadcasts the importance of hiking tax rates on successful earners and investors.
Look fellas, the command-and-control, state-run economics experiment was tried. It was called the Soviet Union. If you hadn’t noticed, it was a miserable failure. …”
 
 
 
 
 
 

 

http://article.nationalreview.com/?q=YzMyNDA1MWQyMWMwOTQ3YTk4NDM1ZDNlZWU0MTlkMWU=  

McCain and Leadership in a Time of Financial Crisis

By Ed Lasky

“…Since Barack Obama seems to have hung up the hope and change mantra for now to adopt the populist demagoguery that has sunk Democratic presidential hopefuls in the past, McCain should practice some jujitsu and turn Obama’s argument against him.
Barack Obama is the hedge-fund candidate in terms of findraising according to the New York Times. He and his fellow Democrats — including New York Senators Schumer and Clinton — are the darlings of Wall Street. Obama has enjoyed outsized donations from hedge fund managers and Wall Streeters.The granddaddy of all hedge fund monsters is George Soros, who was also Barack Obama’s early presidential race sugardaddy. Soros has also been talking down the economy while profiting from the mortgage meltdown. Soros is the chief donor to a wide variety of 527 groups (including MoveOn.Org) that have been working to assure Obama’s election.
Obama raised almost $400,000 dollars from the employees of the now kaput Lehman Brothers-topping all other candidates, though Senators Clinton, Schumer and Dodd did quite nicely
.
      
Two other leading donors to the left are Herbert and Marion Sandler, who have worked with Soros to promote left-wing causes. This husband and wife founded Golden West Financial, a savings and loan that was a huge player in the mortgage market. Did they see the writing on the wall when they sold their company to Wachovia for billions of dollars before the mortgage meltdown?
Why do you think Barack Obama, Hillary Clinton, and other leading lights of the Democratic Party castigate oil companies and not hedge fund managers? The paydays of Wall Street players dwarf those of oil companies. Their profit ratios can be astronomical compared to those of oil companies. They can wreck the financial markets that are the lubrication for the rest of the economy.

 

Gloves off: Now, Obama calls for prosecuting GOP donor; Update: AIP responds

By Michelle Malkin 

“…I noted this morning that the Obama campaign’s Chicago-style thug effort to shut down the independent ad on Bill Ayers is part of the larger effort to intimidate conservative donors and curtail the free speech of The One’s critics.

It’s getting uglier, people.

Obama’s lawyer has sent a second letter to the Justice Department calling for the head of Dallas billionare Harold Simmons, who funded the Ayers ad that the Obama campaign doesn’t want the public to see.

Feel the chill:

Obama general counsel Bob Bauer today sent a second, sharper letter to the Justice Department, directly attacking the Dallas billionaire funding a harsh attack ad, Harold Simmons.

“We reiterate our request that the Department of Justice fulfill its commitment to take prompt action to investigate and to prosecute the American issues Project, and we further request that the Department of Justice investigate and prosecute Howard (sic) Simmons for a knowing and willful violation of the individual aggregate contribution limits,” he wrote.

He called the group’s activities “patently illegal.”

Bauer made the case that Simmons’ group [is not] fulfilling its […] nonprofit charter because it hasn’t spent any money on anything other than attacking Obama. Simmons’ spokesman, Christian Pinkston, told me yesterday that plans to, and dismissed the complaints as an effort to lawyer away charges the campaign can’t rebut.

I posted AIP’s rebuttal here yesterday. And as I’ve noted today and will note again: Obama has some nerve whining about campaign finance integrity after getting caught hiding $800,000 in ACORN payments.

What’s going on? Simple: The Left has its George Soros sugar daddy and can’t stand that conservatives have their own committed benefactors. They’ve got a massive non-profit infrastructure funded with taxpayers and operating flagrantly in an illegal, partisan manner (hello, ACORN Watch!). They want the playing field all to themselves. And they are fighting for that turf by any means necessary.

Can they do it?

No, they can’t. Not if you don’t let them. …”

http://michellemalkin.com/2008/08/26/gloves-off-now-obama-calls-for-prosecuting-gop-donor/

 

Charlie Rose: February 23, 2001

“…A conversation with George Soros, the international philanthropist and chairman of Soros Fund Management, about his new book, “Open Society: Reforming Global Capitalism”. Soros discusses… ”


 

Charlie Rose: August 2, 1994

“…First, philanthropist George Soros, founder of the world’s most successful hedge fund, shares some of his ideas for revitalizing America’s inner cities. Then, Hugh Price talks about what he hopes …


 

Authors@Google: George Soros

“…George Soros appears in conversation with Google CEO Eric Schmidt discussing his new book “The Age of Fallibility: Consequence of the War on Terror” as part of the Authors@Google series. … ”

 

Soros Compares President Bush To Nazis

http://www.youtube.com/watch?v=_DuafAqAHrc&feature=related

 

George Soros Part 1

“…George Soros Part 1 Interview on April 8, 2008…”

 

George Soros Part 2

“…George Soros Part 2 Interview on April 8, 2008…”

 

George Soros Part 3

“…George Soros Part 3 Interview on April 8, 2008…”

 

George Soros on Housing Prices June 2006


 

O’Reilly: George Soros is funding Media Matters,John Edwards

 

O’Reilly calls Democratic support group dangerous, evil

“…George Soros, Paul Begala, and David Brock are O’Reilly’s “American Axis of Evil” for planning to spend money against Republican John McCain. Does anyone recall him in this high dudgeon over the Swift Boat ads?…”

 

Liberals & big business falsified Iraq war casualty figures 

Ron Paul on Mortgage Bailout & Financial Armageddon

Jerry Bowyer on Kudlow & Company – March 17th – Segment 1 

Jeremy Siegel on Bear Stearns, the Rate Cuts and Inflation

Deconstructing the Subprime Crisis

Susan Wachter on Securitizations and Deregulation

Wall Street’s Day of Reckoning: The Fannie & Freddie Bailout

Part 1 – Exposing Fannie Mae and Freddie Mac: Origins

New York Investing meetup organizer Daryl Montgomery discusses the origins of Fannie Mae and Freddie Mac in the first episode of a multi-part series. The New York Investing meetup is an organization of 1800 independent traders and investors that provides unbiased stock market education and analysis. We also have a blog,”The Helicopter Economics Investing Guide” which can be found at: http://nyinvestingmeetup.blogspot.com

Part 2 – Exposing Fannie Mae and Freddie Mac: Origins

Part 3 – Exposing Fannie Mae and Freddie Mac: Origins

Part 4 – Exposing Fannie Mae and Freddie Mac: Origins

Part 5 – Exposing Fannie Mae and Freddie Mac: Origins

Rush On Franklin Raines

Hey Barack, Who’s Franklin Raines

Advice

Jim Johnson

Crisis

Enough Is Enough

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Identity Politics: Blacks, Lesbians, Gays, Bisexuals and Transsexuals for Obama?

Barack Obama: The First Previable Puppet Presidential Candidate!

Barack Obama–A Reader Not A Leader!

Barack Obama: A Watermelon Man–Green on The Outside–Red on The Inside

Barack Obama–Damaged Goods–Birds of A Feather Flock Together

Clinton’s Cap and Trade Tax on The American People for Consuming Electricity and Driving Cars, SUVs and Trucks!

Facing Fundamental Facts

Presidential Election 2008: American Elites Vs. American People

Let Them Eat Cake Act: American Elites Killing and Starving The American People 

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