Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Sunday, June 21, 2009

The One

Written by a Pastor's Wife

And it came to pass in the Age of Insanity that the people ofthe land called America, having lost their morals, their initiative,and their will to defend their liberties, chose as their Supreme Leader that person known as "The One".

He emerged from the vapors with a message that had no meaning; but He hypnotized the people; telling them, "I am sent to save you.
My lack of experience, my questionable ethics, my monstrous ego,and my association with evil doers are of no consequence. For I shall save you with Hope and Change.

Go, therefore, and proclaim throughout the land that he who preceded me is evil, that he has defiled the nation, and that all he has built must be destroyed." And the people rejoiced, for even though they knew not what "The One" would do, he had promised that it was good; and they believed.

And "The One" said "We live in the greatest country in the world. Help me
change everything about it!"

And the people said, "Hallelujah! Change is good!"

Then He said, "We are going to tax the rich fat-cats." And the people said "Sock it to them!""And redistribute their wealth."

And the people said, "Show us the money!" And then He said, "Redistribution of wealth is good for everybody"

And Joe the plumber asked, "Are you kidding me? You're going to steal my money and give it to the deadbeats??" And "The One" ridiculed and taunted him, and Joe's
personal records were hacked and publicized.

One lone reporter asked, "Isn't that Marxist policy?" And she was banished from the kingdom!

Then a citizen asked, "With no foreign relations experience and having zero military experience or knowledge, how will you deal with radical terrorists?" And "The One" said, "Simple. I shall sit with them and talk with them and show them how nice we really are; and they will forget that they ever wanted to kill us all!" And the people said, "Hallelujah!! We are safe at last, and we can beat our weapons into free cars for the people!"


Then "The One" said, "I shall give 95% of you lower taxes." And one, lone voice said, "But 40% of us don't pay ANY taxes." So "The One" said, "Then I shall give you some of the taxes the fat-cats pay!" And the people said, "Hallelujah!! Show us the money!"

Then"The One" said, "I shall tax your Capital Gains when you sell your homes!" And the people yawned and the slumping housing market collapsed. And He said, "I shall mandate employer-funded health care for EVERY worker and raise the minimum wage. And I shall give every person unlimited healthcare and medicine and transportation to the clinics." And the people said, "Give me some of that!"

Then he said, "I shall penalize employers who ship jobsoverseas." And the people said, "Where's my rebate check?"

Then "The One" said, "I shall bankrupt the coal industry and electricity rates will skyrocket!" And the people said, "Coal is dirty, coal is evil, no more coal! But we don't care for that part about higher electric rates." So "The One" said, "Not to worry. If your rebate isn't enough to cover your expenses, we shall bail you
out. Just sign up with ACORN and your troubles are over!"

Then He said,"Illegal immigrants feel scorned and slighted. Let's grant them amnesty, Social Security, free education, free lunches, free medical care, bi-lingual signs and guaranteed housing..." And the people said, "Hallelujah!!" And they made him King!

And so it came to pass that employers, facing spiraling costs and ever-higher taxes, raised their prices and laid off workers. Others simply gave up and went out of business and the economy sank like unto a rock dropped from a cliff.

The banking industry was destroyed. Manufacturing slowed to a crawl. And more of the people were without a means of support.

Then "The One" said, "I am the "The One" - The Messiah - and I'm here to save you! We shall just print more money so everyone will have enough!" But our foreign trading partners said unto Him, "Waita minute. Your dollar is not worth a pile of camel dung! You will have to pay more..." And the people said, "Wait a minute. That is unfair!!" And the world said, "Neither are these other idiotic
programs you have embraced. Lo, you have become a Socialist state and a second-rate power. Now you shall play by our rules!"

And the people cried out, "Alas, alas!! What have we done?" But yea verily, it was too late. The people set upon "The One" and spat upon him and stoned him, and his name was dung. And the once mighty nation was no more; and the once proud people were without sustenance or shelter or hope.

And the Change "The One" had given them was as like unto a poison that had destroyed them and like a whirlwind that consumed all that they had built. And the people beat their chests in despair and cried out in anguish, "Give us back our nation and our pride and our hope!!" But it was too late, and their homeland was no more.

You may think this is a fairy tale, but it's not.

It's happening RIGHT NOW!!!

Sunday, May 17, 2009

Lessons from 1940

A great post from the Heritage Foundation website, The Foundry.

Herbert Hoover was no laissez-faire president like Calvin Coolidge, however he did respect the constitution, and he never was willing to go as far as Franklin Roosevelt. He made a speech just before Roosevelt’s election to a third term, in which he made some salient points—ones we would still be wise to consider today.
With Hitler, Mussolini and Stalin in power, and with a myriad of other dictators and authoritarian powers sprinkled across Europe, it was critical that the free citizens of America see the danger of handing over the reigns of industry to government—that economic power is so much more than just economic. As Hayek said a few years later, “Economic control is not merely control of a sector of human life which can be separated from the rest; it is the control of the means for all our ends.”
Hoover explained this concentration of power that had preceded the tyrannies of every stripe popping up in Europe, and warned that the same could happen in America. The danger lies in the belief that government can solve all economic problems, if only it has enough power. Quoting from The Roosevelt Myth:
In every single case before the rise of totalitarian governments there had been a period dominated by economic planners. Each of these nations had an era under starry-eyed men who believed that they could plan and force the economic life of the people. They believed that was the way to correct abuse or to meet emergencies in systems of free enterprise. They exalted the state as the solver of all economic problems.
These men thought they were liberals. But they also thought they could have economic dictatorship by bureaucracy and at the same time preserve free speech, orderly justice, and free government.
These men are not Communists or Fascists. But they mixed these ideas into free systems. It is true that Communists and Fascists were round about. They formed popular fronts and gave the applause. These men shifted the relation of government to free enterprise from that of umpire to controller.
Hoover then goes on to name the ways in which the government is taking on the role of controller—and they are precisely the same controls government is taking on today:
Directly or indirectly they politically controlled credit, prices, production or industry, farmer and laborer. They devalued, pump-primed and deflated. They controlled private business by government competition, by regulation and by taxes. They met every failure with demands for more and more power and control … When it was too late they discovered that every time they stretched the arm of government into private enterprise, except to correct abuse, then somehow, somewhere, men’s minds became confused. At once men became fearful and hesitant. Initiative slackened, industry slowed down production.
Obama jokes about his exalted state. At the White House Correspondents’ Association dinner he said, “During the second 100 days, we will design, build and open a library dedicated to my first 100 days.” And joked, “My next 100 days will be so successful, I will complete them in 72 days. And on the 73rd day, I will rest.” But we should know by now that this is not funny: we have a dangerous belief in the power of the executive. The situation we face to day is in some ways less dangerous than when Hoover delivered this warning, as there are fewer external totalitarian powers to fight. However, at home we face the same challenge: will we cede our freedoms to government, in exchange for some promised, temporary economic security?

Wednesday, March 25, 2009

Obama Doesn't Heart Capitalism

CNN reports:

"Recovery in the labor market is expected to be slower than in the broader economy, with 7.5 million jobs lost through the entire recession as the unemployment rate spikes to 10.5% in the middle of 2010. By the end of 2011, employment is forecast to total 4 million jobs below 2007's employment peak, and the unemployment rate will still be above 9%."

The second stated purpose of HR1 was to "help those recently unemployed". That was something that Democrats avoided when HR1 was structured. Jobs from HR1 will not really start flowing until early 2010, just in time for midterm elections. Workers and Obama supporters will go back into their election trance when Obama throws his chin up and proclaims, "See how well my plan worked!".

In the meantime, 11,600,000 people are unemployed, can't pay their bills or mortgages, and have lost their self respect.

HR1 will allow illegal aliens to take many of the construction jobs, and get stimulus checks by filing using alternative tax numbers. In addition, those who don't even pay any taxes will reap the benefits of the stimulus checks at the taxpayers' expense. These facts work in Obama's favor and helps him solidify the support he wants for his agenda of socialism.

FACT: Obama dislikes capitalism, small business and a strong middle class. He wants small businesses and the middle class to be saddled with unbearable debt. This is why he touts the "flow of credit" (read that as the flow of debt via loans), as his "solution" to the problems of the economy. The problem is people are out of work, have no money to spend and thus, businesses can't sell their products and services. In fact, I proposed in an email to the White House (obviously distasteful to Obama because it was ignored) a solution that would not have cost the taxpayer anything. It would have saved the small businesses that have closed their doors since January 2009, and would have put workers back to work.

This was the proposal. For those who lost their jobs since September 2008, approximately 2.5 million unemployed, send them back to their employers and allow them to continue to collect unemployment for a six month period. The employer would pay their salaries minus the $1000 per month, per employee that the employees would collect in RE-EMPLOYMENT Stimulus benefits.

The small businesses could have remained viable, the workers would have been able to make good on their payments and would not have lost their homes as well as their self respect. The businesses could have reduced the prices for their goods and services making them more competitive and productive. The cost to the taxpayer would have been ZERO because the
benefits were being paid already!

The program could have been extended to a whole year and, if taxes were reduced for that period, the economic impact would have been far more immediate and far greater than the impact of HR1. The national debt would not have been pumped up to the ridiculously high numbers we see today.

But this program had no chance to work because there was no PORK for the swine in the Congress. The decision was a simple one. The choice was either pay people unemployment checks not to work, or pay them the same amount to work via a RE-EMPLOYMENT Stimulus benefit check thereby saving small business from closing their doors.

The bottom line? Obama cares nothing for the unemployed. Obama cares nothing for the small businesses. Obama cares nothing for capitalism, but a lot for socialism. The second stated purpose of HR1 was a lie. The recently unemployed received no help from HR1 and the taxpayers' children got the bill.

No, Obama does not care for Capitalism because it is not part of his agenda.