Thursday, 17 July 2008

Obama really is a left wing radical. Will voters care come November?

One has to marvel at the power of the mainstream media to completely ignore or paper over Barack Obama's radical past.

At least a few of them are asking questions about his supposed 'move to the centre', which has infuriated his economically and socially ignorant far left supporters at DailyKos and HuffPo etc.

The Washington Post's demolition of his foreign policy positions may well be the breaking of the dam in terms of the mainstream media scrutinising Obama more closely.

In the American Spectator, Peter Ferrara goes through the left wing positions that Obama has consistently voted for or otherwise supported.

Do American voters really understand what a radical he is?

Or do they not care?
Barack Obama has proposed increasing every major Federal tax. He supports increasing individual income tax rates, allowing the Bush tax cuts, which cut rates for all income levels, to expire. He has proposed almost doubling the capital gains tax rate, from 15% today to 28%. He supports more than doubling the tax on dividends, from 15% to as high as 39%. He has proposed numerous corporate tax increases. He supports increasing the death tax back to the stratospheric levels that applied before President Bush. He supports increasing the payroll tax on higher income earners.

In other words, if you run a profitable small business, you can expect to be plundered by the Obamanistas from every angle. If you work for a small business, you can expect to be looking for another job.

Indeed, as economics writer Amity Shlaes has written, Obama promises exactly the same economic policy Herbert Hoover used to turn a downturn in 1929 into the Great Depression. In addition to proposing steep tax increases, particularly sharply increasing the marginal rates that most affect the economy, Obama won the nomination attacking free trade all primary season, even promising voters to renegotiate NAFTA. Is this what our wobbly economy needs right now? Will this really open new opportunities for working people, or shut the door in their faces?

But Obama needs those tax increases to finance his promised massive increases in government spending approaching a trillion dollars over four years. All projections show that America cannot afford all the entitlement promises it has already made, with Federal spending projected to almost double relative to the economy over the next 35 years. Obama just ignores this looming crisis, and, instead, promises to add the largest entitlement of all, national health insurance.

All of these nationalized health programs around the world start by promising free health care for everyone, but end up with rigid, stifling bureaucracies designed to deny care to control runaway costs. Our nation's health care problems can be solved without massive new government spending and control, and the deteriorating quality and freedom of choice in health care that inevitably involves. But instead of new and innovative ideas that would increase patient power and choice, Obama serves the Left that wants to use our health care problems as an excuse for more government power and control. Instead of the promise of a new unity and hope, Obama promises to take us back to the already failed ideas of the past.

BUT THIS IS ONLY the beginning. In legislation he has already introduced in Congress, Obama proposes a new global war on poverty financed by American taxpayers. The bill would commit the U.S. to the goal of the 2000 United Nations Millennium Summit to reduce world poverty by 2015. The head of this UN project has already called for a new global tax to finance this goal. For now, Obama's bill would increase U.S. foreign aid by $65 billion a year toward this end.

Obama also supports $60 billion over 10 years for a new National Infrastructure Reinvestment Bank that would finance more construction and repair of highways, bridges and other infrastructure. No new thinking here either. The last Federal highway bill devoted close to $300 billion to the same thing. The Army Corps of Engineers spends over $10 billion a year for more of the same.

Obama also proposes $72 billion for increased Federal spending on education, even though Bush increased such spending more rapidly than any other area (and even though education is actually a state and local responsibility). He proposes to spend $150 billion to put people to work building new "green technologies" as if no one can find a job unless the government provides one. Then there is $60 billion for an "energy plan" that is another bureaucratic boondoggle that will not create any new energy. There is $14 billion in new spending for a national service plan. Obama proposes as well to increase "assistance to state and local governments so that they don't slash critical services like health care or education." He also says, "I'll double spending on quality after school programs."

Just last week he came up with a proposal for a second stimulus package to send everyone a check to help cover their energy costs, another giveaway of tens of billions at least. The first "stimulus" package proved only that these old-fashioned Keynesian handouts don't work. But Obama is not above pursuing the crassest vote buying payoffs pandering to those whose votes are for sale.

This is exemplified by his supposed tax cuts for workers, a series of tax credits that would mostly go to those who do not pay income taxes. He has proposed "a tax credit to low and middle income Americans that would cover ten percent of their mortgage interest payment every year." He also proposes an income tax credit for such voters of $4,000 per year for college expenses. Then there is another tax credit of $1,000 per year for working families that is apparently just a giveaway, like George McGovern's proposal in 1972 to send a $1,000 Federal check to everyone. On the Earned Income Tax Credit, which currently goes to lower income workers, Obama says, "I'll double the number of workers who receive it and triple the benefit for minimum wage workers."

But Republican tax policy over the past 30 years has already eliminated all income taxes on low income and working class voters, or the bottom 40% of income earners. The middle class, the middle 20% of income earners, now pays less than 5% of all income taxes. Under Obama's proposals, if there is no income tax liability for the tax credit to offset, the government sends the worker a check covering the full amount of the credit anyway. So these proposed tax credits are really a new form of tax welfare, in reality just new government spending programs disguised as tax cuts.

Real tax cuts reduce tax rates for those who are forced to pay them. Those rate reductions create real incentives that stimulate the economy. But a supposed tax credit that does not involve any reduction in any tax rate, and gives money to voters that they did not pay in income taxes, is just another welfare handout that does nothing to stimulate the economy. Obama proposes to spend over $300 billion on this new tax welfare.

OBAMA'S LEFT-WING EXTREMISM is not limited to economic policy, but extends to all areas across the board. He has said that as President he would appoint Supreme Court Justices like Ruth Bader Ginsburg, the former General Counsel of the American Civil Liberties Union, and David Souter, two of the ultraliberals on the current court. The Supreme Court is now in a delicate balance between four conservatives and four liberals, with one, Justice Kennedy, swinging back and forth. John McCain has said he would appoint Justices like solid conservatives John Roberts and Sam Alito. A majority of the current Justices are also over 70 years old. So the balance of the Supreme Court turns on this Presidential election.

Since the Great Depression, Americans have been free to choose unions through secret ballot elections under Federal law. But for 20 years now workers have been mostly rejecting predatory unions in those elections. So Obama supports a plan that would allow unions to bypass those elections, and claim worker representation on the basis of signed check cards. Given the long history of union violence, and the real danger of forged documents American workers will tragically lose their freedom of choice regarding unions if Obama becomes President.

Obama is the most pro-abortion major party Presidential nominee in history. When he served in the Illinois state legislature, he voted against legislation that would prevent abortionists from taking the life of a baby that remained alive out of the mother's womb after an attempted abortion. He has also opposed legislation prohibiting partial birth abortion, and favors government funding of abortion for lower income women. He said that if his own daughters became pregnant as teenagers, he would favor an abortion rather than "punishing them with a baby."

He has promised homosexual organizations that as President he would repeal the Defense of Marriage Act (DOMA) that pro-family organizations worked so hard to pass successfully when the Republicans controlled Congress. This law would shield states from being forced to recognize gay marriages mandated by courts in ultraliberal states. He opposes the initiative in California on the ballot this fall that would define marriage in that state as a union between a man and a woman. After he is elected, he will openly be the first pro-gay marriage President.

When asked what he thought about a proposal to make English the official language of America, he said he opposes it. He said instead that American children need to learn to speak Spanish. If he is elected President, that will be true.

OBAMA'S ULTRALIBERALISM GROWS out of deep roots in his life. He has said he worked as a community organizer in Chicago. In fact, he worked for the ultra-Left ACORN (Association of Community Organizations for Reform Now). ACORN grew out of the National Welfare Rights Organization of the 1960s, which argued that low income residents in the U.S. had a right to welfare, and demanding anything of them to qualify for public assistance violated that right.

Author Sol Stern wrote in the City Journal in 2003 regarding ACORN,

If you thought the New Left was dead in America, think again. Walk through just about any of the nation's inner cities, and you're likely to find an office of ACORN, bustling with young people working 12 hour days to "organize the poor" and bring about social change. The largest radical group in the country....It promotes a 1960s-bred agenda of anti-capitalism, central planning, victimology, and government handouts to the poor. As a result, not only does it harm the poor it claims to serve; it is also a serious threat to the urban future.

ACORN has fought for legislation restricting landlords from evicting non-paying tenants, watering down welfare reform, and seeking authority for cities to tax surrounding suburbs. It has sought to "unionize" workfare workers, welfare recipients required to work for their assistance under welfare reform, as if welfare recipients should be bargaining over the laws that apply to their assistance.

ACORN itself brags on its own website about its practice of "squatting." This involves breaking into unoccupied homes and apartments and settling low income families in them. ACORN states,

Noting that economic upheaval had forced many people to default on mortgages, ACORN sought to place needy people in the resulting vacant homes. This required the forceful and illegal (though logical and moral) seizing of the properties -- squatting.

Such is the respect for property rights of this quasi-communist organization that Obama chose to work for to advance his values. ACORN continues,

The personal needs of people without homes attracted many to advertisements ACORN placed in papers asking "Do you need a home?" The squatting campaign required a personal commitment to move into a vacant, usually poorly kept house and refit it for comfortable living. It also involved the risk of arrest if local authorities refused them the legal occupation of the home.

As for the local authorities, ACORN explains, "local officials were asked to subsidize the costs of squatting in an effort to improve the quality of life of the squatters and their neighbors."

But this is not the only illegal activity of the ACORN brown shirts. ACORN voter fraud has been documented in at least 14 states. Michelle Malkin recently reported in one of her columns,

Last July, ACORN settled the largest case of voter fraud in the history of Washington State. Seven ACORN workers had submitted nearly 2,000 bogus voter registration forms. According to case records, they flipped through phone books for names to use on the forms, including "Leon Spinks," "Frekkie Magoal" and "Fruto Boy Crispila." Three ACORN election hoaxers pleaded guilty in October. A King County prosecutor called ACORN's criminal sabotage "an act of vandalism upon the voter rolls."

Similarly, the Wall Street Journal recently reported on ACORN voter fraud in Ohio where crack cocaine was traded "for fraudulent registrations that included underage voters, dead voters and pillars of the community named Mary Poppins, Dick Tracy, and Jive Turkey."

Obama also sports now well-known ties with confessed Weather Underground terrorists William Ayers and Bernardine Dohrn, who admit to bombing the Pentagon, New York City police headquarters, and similar targets in the 1960s and 1970s. By coincidence, on the morning of September 11, 2001, the New York Times published an interview with Ayers in which he laments not succeeding with even more bombings for the far left Weather Underground, whose once notorious exploits are now obscured by the passage of time. Obama started his political career seeking out the support of Ayres and Dohrn as mentors, trying to establish his bona fides as a true left-winger. They have held fundraisers for Obama's campaigns over the years, and spoken for him in local campaigns in the past.

Of course, Obama's close association with Trinity United Church of Christ Reverend Jeremiah Wright is also well known. But what has been obscured is that the church, where Obama has been a member for 20 years providing thousands in contributions, advocates far left black liberation theology.

So the true picture of who Obama is should now be clear. His consistently extreme left policy positions are well grounded deep into his past, dating back even to the prep school Marxism of his youth. How could America allow this man to become President of the United States? Do we not take that position seriously anymore?

3 comments:

cuchieddie said...

I'm hoping that O. Hussein O meets up with an IED when he's in Iraq

Anonymous said...

Don’t believe one optimistic word from any public figure about the economy or humanity in general. They are all part of the problem. Its like a game of Monopoly. In America, the richest 1% now hold 1/2 OF ALL UNITED STATES WEALTH. Unlike ‘lesser’ estimates, this includes all stocks, bonds, cash, and material assets held by America’s richest 1%. Even that filthy pig Oprah acknowledged that it was at about 50% in 2006. Naturally, she put her own ‘humanitarian’ spin on it. Calling attention to her own ‘good will’. WHAT A DISGUSTING HYPOCRITE SLOB. THE RICHEST 1% HAVE LITERALLY MADE WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. Don’t fall for any of their ‘humanitarian’ CRAP. ITS A SHAM. THESE PEOPLE ARE CAUSING THE SAME PROBLEMS THEY PRETEND TO CARE ABOUT. Ask any professor of economics. Money does not grow on trees. The government can’t just print up more on a whim. At any given time, there is a relative limit to the wealth within ANY economy of ANY size. So when too much wealth accumulates at the top, the middle class slip further into debt and the lower class further into poverty. A similar rule applies worldwide. The world’s richest 1% now own over 40% of ALL WORLD WEALTH. This is EVEN AFTER you account for all of this ‘good will’ ‘humanitarian’ BS from celebrities and executives. ITS A SHAM. As they get richer and richer, less wealth is left circulating beneath them. This is the single greatest underlying cause for the current US recession. The middle class can no longer afford to sustain their share of the economy. Their wealth has been gradually transfered to the richest 1%. One way or another, we suffer because of their incredible greed. We are talking about TRILLIONS of dollars which have been transfered FROM US TO THEM. All over a period of about 27 years. Thats Reaganomics for you. The wealth does not ‘trickle down’ as we were told it would. It just accumulates at the top. Shrinking the middle class and expanding the lower class. Causing a domino effect of socio-economic problems. But the rich will never stop. They just keep getting richer. Leaving even less of the pie for the other 99% of us to share. At the same time, they throw back a few tax deductible crumbs and call themselves ‘humanitarians’. Cashing in on the PR and getting even richer the following year. IT CAN’T WORK THIS WAY. Their bogus efforts to make the world a better place can not possibly succeed. Any 'humanitarian' progress made in one area will be lost in another. EVERY SINGLE TIME. IT ABSOLUTELY CAN NOT WORK THIS WAY. This is going to end just like a game of Monopoly. The current US recession will drag on for years and lead into the worst US depression of all time. The richest 1% will live like royalty while the rest of us fight over jobs, food, and gasoline. So don’t fall for any of this PR CRAP from Hollywood, Pro Sports, and Wall Street PIGS. ITS A SHAM. Remember: They are filthy rich EVEN AFTER their tax deductible contributions. Greedy pigs. Now, we are headed for the worst economic and cultural crisis of all time. Crime, poverty, and suicide will skyrocket. SEND A “THANK YOU” NOTE TO YOUR FAVORITE MILLIONAIRE. ITS THEIR FAULT. I’m not discounting other factors like China, sub-prime, or gas prices. But all of those factors combined still pale in comparison to that HUGE transfer of wealth to the rich. Anyway, those other factors are all related and further aggrivated because of GREED. If it weren’t for the OBSCENE distribution of wealth within our country, there never would have been such a market for sub-prime to begin with. Which by the way, was another trick whipped up by greedy bankers and executives. IT MAKES THEM RICHER. The credit industry has been ENDORSED by people like Oprah Winfrey, Ellen DeGenerous, Dr Phil, and many other celebrities. IT MAKES THEM RICHER. Now, there are commercial ties between nearly every industry and every public figure. IT MAKES THEM RICHER. So don’t fall for their ‘good will’ BS. ITS A LIE. If you fall for it, then you’re a fool. If you see any real difference between the moral character of a celebrity, politician, attorney, or executive, then you’re a fool. No offense fellow citizens. But we have been mislead by nearly every public figure. We still are. Even now, they claim to be 'hurting' right along with the rest of us. As if gas prices actually effect the lifestyle of a millionaire. ITS A LIE. IN 2007, THE RICHEST 1% INCREASED THEIR AVERAGE BOTTOM LINE WEALTH AGAIN. On average, they are now worth over $4,000,000 each. Thats an all time high. As a group, they are now worth well over $17,000,000,000,000. THATS WELL OVER SEVENTEEN TRILLION DOLLARS. Another all time high. Which by the way, is much more than the entire middle and lower classes combined. Also more than enough to pay off our national debt, fund the Iraq war for twenty years, repair our infrastructure, and bail out the US housing market. Still think that our biggest problem is China? Think again. Its the 1% club. That means every big name celebrity, athlete, executive, entrepreneur, developer, banker, and lottery winner. Along with many attorneys, doctors, politicians, and bankers. If they are rich, then they are part of the problem. Their incredible wealth was not 'created', 'generated', grown in their back yard, or printed up on their command. It was transfered FROM US TO THEM. Directly and indirectly. Its become near impossible to spend a dollar without making some greedy pig even richer. Don't be fooled by the occasional loss of a millionaire's fortune. Overall, they just keep getting richer. They absolutely will not stop. Still, they have the nerve to pretend as if they care about ordinary people. ITS A LIE. NOTHING BUT CALCULATED PR CRAP. WAKE UP PEOPLE. THEIR GOAL IS TO WIN THE GAME. The 1% club will always say or do whatever it takes to get as rich as possible. Without the slightest regard for anything or anyone but themselves. Reaganomics. Their idea. Loans from China. Their idea. NAFTA. Their idea. Outsourcing. Their idea. Sub-prime. Their idea. High energy prices. Their idea. Oil 'futures'. Their idea. Obscene health care charges. Their idea. The commercial lobbyist. Their idea. The multi-million dollar lawsuit. Their idea. The multi-million dollar endorsement deal. Their idea. $200 cell phone bills. Their idea. $200 basketball shoes. Their idea. $30 late fees. Their idea. $30 NSF fees. Their idea. $20 DVDs. Their idea. Subliminal advertising. Their idea. Brainwash plots on TV. Their idea. Vioxx, and Celebrex. Their idea. Excessive medical testing. Their idea. The MASSIVE campaign to turn every American into a brainwashed, credit card, pharmaceutical, medical testing, love-sick, celebrity junkie. Their idea. All of the above shrink the middle class, concentrate the world’s wealth and resources, create a dominoe effect of socio-economic problems, and wreak havok on society. All of which have been CREATED AND ENDORSED by celebrities, athletes, executives, entrepreneurs, attorneys, and politicians. IT MAKES THEM RICHER. So don’t fall for any of their ‘good will’ ‘humanitarian’ BS. ITS A SHAM. NOTHING BUT TAX DEDUCTIBLE PR CRAP. In many cases, the 'charitable' contribution is almost entirely offset. Not to mention the opportunity to plug their name, image, product, and 'good will' all at once. IT MAKES THEM RICHER. These filthy pigs even have the nerve to throw a fit and spin up a misleading defense with regard to 'federal tax revenue'. ITS A SHAM. THEY SCREWED UP THE EQUATION TO BEGIN WITH. If the middle and lower classes had a greater share of the pie, they could easily cover a greater share of the federal tax revenue. They are held down in many ways because of greed. Wages remain stagnant for millions because the executives, celebrities, athletes, attorneys, and entrepreneurs, are paid millions. They over-sell, over-charge, under-pay, outsource, cut jobs, and benefits to increase their bottom line. As their profits rise, so do the stock values. Which are owned primarily by the richest 5%. As more United States wealth rises to the top, the middle and lower classes inevitably suffer. This reduces the potential tax reveue drawn from those brackets. At the same time, it wreaks havok on middle and lower class communities and increases the need for financial aid. Not to mention the spike in crime because of it. There is a dominoe effect to consider. IT CAN'T WORK THIS WAY. But our leaders refuse to acknowledge this. Instead they come up with one trick after another to milk the system and screw the majority. These decisions are heavily influensed by the 1% club. Every year, billions of federal tax dollars are diverted behind the scenes back to the rich and their respective industries. Loans from China have been necessary to compensate in part, for the red ink and multi-trillion dollar transfer of wealth to the rich. At the same time, the feds have been pushing more financial burden onto the states who push them lower onto the cities. Again, the hardship is felt more by the majority and less by the 1% club. The rich prefer to live in exclusive areas or upper class communities. They get the best of everything. Reliable city services, new schools, freshly paved roads, upscale parks, ect. The middle and lower class communities get little or nothing without a local tax increase. Which, they usually can't afford. So the red ink flows followed by service cuts and lay-offs. All because of the OBSCENE distribution of bottom line wealth in this country. So when people forgive the rich for their incredible greed and then praise them for paying a greater share of the FEDERAL income taxes, its like nails on a chalk board. I can not accept any theory that our economy would suffer in any way with a more reasonable distribution of wealth. Afterall, it was more reasonable 30 years ago. Before Reaganomics came along. Before GREED became such an epidemic. Before we had an army of over-paid executives, bankers, celebrities, athletes, attorneys, doctors, investors, entrepreneurs, developers, and sold-out politicians to kiss their asses. As a nation, we were in much better shape. Strong middle class, free and clear assets, lower crime rate, more widespread prosperity, stable job market, lower deficit, ect. Our economy as a whole was much more stable and prosperous for the majority. WITHOUT LOANS FROM CHINA. Now, we have a more obscene distribution of bottom line wealth than ever before. We have a sold-out government, crumbling infrastructure, energy crisis, home forclosure epidemic, credit crunch, weak US dollar, 13 figure national deficit, and 12 figure annual shortfall. The cost of living is higher than ever before. Most people can't even afford basic health care. ALL BECAUSE OF GREED. I really don't blame the 2nd -5th percentiles in general. No economy could ever function without some reasonable scale of personal wealth and income. But it can't be allowed to run wild like a mad dog. ALBERT EINSTEIN TRIED TO MAKE PEOPLE UNDERSTAND. UNBRIDLED CAPITALISM ABSOLUTELY CAN NOT WORK. TOP HEAVY ECONOMIES ALWAYS COLLAPSE. Bottom line: The richest 1% will soon tank the largest economy in the world. It will be like nothing we’ve ever seen before. The American dream will be shattered. and thats just the beginning. Greed will eventually tank every major economy in the world. Causing millions to suffer and die. Oprah, Angelina, Brad, Bono, and Bill are not part of the solution. They are part of the problem. THERE IS NO SUCH THING AS A MULTI-MILLIONAIRE HUMANITARIAN. EXTREME WEALTH MAKES WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. WITHOUT WORLD PROSPERITY, THERE WILL NEVER BE WORLD PEACE OR ANYTHING EVEN CLOSE. GREED KILLS. IT WILL BE OUR DOWNFALL. Of course, the rich will throw a fit and call me a madman.. Of course, they will jump to small minded conclusions about 'jealousy', 'envy', or 'socialism'. Of course, their ignorant fans will do the same. You have to expect that. But I speak the truth. If you don’t believe me, then copy this entry and run it by any professor of economics or socio-economics. Then tell a friend. Call the local radio station. Re-post this entry or put it in your own words. Be one of the first to predict the worst economic and cultural crisis of all time and explain its cause. WE ARE IN BIG TROUBLE.


So what can we do about it? Well, not much. Unfortunately, we are stuck on a runaway train. The problem has gone unchecked for too many years. The US/global depression is comming thanks to the 1% club. It would take a massive effort by the vast majority to prevent it. Along with a voluntary sacrifice by the rich. THATS NOT GOING TO HAPPEN. But if you believe in miracles, then spend your money as wisely as possible. Especially in middle and lower class communities. Check the Fortune 500 list and limit your support of high profit/low labor industries (Hollywood, pro sports, energy, credit, pharmaceutical, cable, satelite, internet advertising, cell phone, high fashion, jewelry, ect.). Cancel all but one credit card for emergencies only. If you need a cell phone, then do your homework and find the best deal on a local pre-pay. If you want home internet access, then use the least expensive provider, and share accounts whenever possible. If you need to search, then use the less popular search engines. They usually produce the same results anyway. Don't click on any internet ad. If you need the product or service, then look up the phone number or address and contact that business directly. Don't pay to see any blockbuster movie. Instead, wait a few months and rent the DVD from a local store or buy it USED. If you want to see a big name game or event, then watch it in a local bar, club, or at home on network TV. Don't buy any high end official merchendise and don't support the high end sponsors. If its endorsed by a big name celebrity, then don't buy it. If you can afford a new car, then make an exception for GM, Ford, and Dodge. If they don't increase their market share soon, then a lot more people are going to get screwed out of their pensions and/or benefits. Of course, you must know by now to avoid those big trucks and SUVs unless you truly need one for its intended purpose. Don't be ashamed to buy a foreign car if you prefer it. Afterall, those with the most fuel efficient vehicles consume a lot less foreign oil. Which accounts for a pretty big chunk of our trade deficit. Anyway, the global economy is worth supporting to some extent. Its the obscene profit margins, trade deficits, and BS from OPEC that get us into trouble. Otherwise, the global economy would be a good thing for everyone. Just keep in mind that the big 3 are struggling and they do produce a few smaller reliable cars. Don't frequent any high end department store or any business in a newly developed upper class community. By doing so, you make developers richer and draw support away from industrial areas and away from the middle class communities. Instead, support the local retailer and the less popular shopping centers. Especially in lower or middle class communities. If you can afford to buy a home, then do so. But go smaller and less expensive. Don't get yourself in too deep and don't buy into the newly developed condos or gated communities. Instead, find a modest home in a building or neighborhood at least 20 years old. If you live in one of the poorer states, then try to support its economy first and foremost. Big business is fine on occasion depending on the profit margins and profit sharing. Do your homework. If you want to support any legitimate charity, then do so directly. Never support any celebrity foundation. They spend most of their funding on PR campaigns, travel, and high end accomodations for themselves. Instead, go to Charitywatch.org and look up a top rated charity to support your favorite cause. In general support the little guy as much as possible and the big guy as little as possible. Do your part to reverse the transfer of wealth away from the rich and back to the middle and lower classes. Unfortunately, there is no perfect answer. Jobs will be lost either way. Innocent children will starve and die either way. But we need to support the largest group of workers with the most reasonable profit margins. We also need to support LEGITIMATE charities (Check that list at Charitywatch.org). This is our only chance to limit the severity and/or duration of the comming US/global depression. In the meantime, don't listen to Bernenke, Paulson, Bartiromo, Orman, Dobbs, Kramer, OReiley, or any other public figure with regard to the economy. They are all plenty smart but I swear to you that they will lie right through their rotten teeth. IT MAKES THEM RICHER. Like I said, you are welcome to run this by any professor of economics or socio-economics. If thats not good enough, then look up what Einstein had to say about greed, extreme wealth, and its horrible concequences. I speak the truth. GREED KILLS. IT WILL BE OUR DOWNFALL.


A word for those who choose to respond with the usual 'I know more than you. I'm smarter than you. Look how smart and knowledgable I am.' crap. Let me say this in advance. I don't claim to be an expert in this field. But I'm no fool either. This is not brain surgery. For the mostpart, its simple math. Which is all I needed to predict the current recession in writing almost 3 years ago. Since then, I've gone on record against people like Greenspan, Bernenke, and Paulson. So far, my predictions have been accurate. Did any of my wise-ass 'know-it-all' critics see this comming way back in '05'? Hell no they didn't. So before you run with all of your stupid insults, you might want to consider my motives. I'm not here for attention or praise. I'm not here to compete with the rest of you. I'm here because I'm disgusted, angry, and scared silly. I really do see this as the greatest injustice of all time. I would cut my own arm off if I thought it would make a difference.

Anonymous said...

Wow. What a rant!

Of course, it would be far more credible if the annonymous writer above actually had his facts right. He/she does not.

While there is no question that the more wealth is in the hands of the wealthy than there is in the hands of the least wealthy....so what? That's what happens in any aggregation of humans in which drive, education, brains and determination can make a difference in the outcome.

There's no doubt why A-rod hits more homers than than most others. He's just better at it. He's worked harder at it.

Tiger is the best golfer of all times because he has a disproportionate amount of talent, strength and hard work under his belt than the vast majority of hackers out there.

Wealth does, in fact, trickle down. The wealthy put their money to far better economic use than any governmental redistribution scheme could. The multiplier effect of a rich man's investment is so pronounced that far more jobs are created and wealth built than giving that same amount to the politicians and lefties.

The US income tax figures were released recently.

George Bush's tax cuts had the remarkable effect of creating massively record tax revenues. It also had the perverse effect of having increased percentages of tax revenues paid by the top percentiles.

For example, the richest 1% paid 39% of all taxes recently compared to the 37% of all taxes that group paid at the beginning of Bush's first term.

The top 5% paid 60% of all taxes recently compared to 56% paid in 2000. And yet this group only earns 36% of the income.

And just to be clear, since there is great income mobility, this is largely new money. New wealth. Not inherited. It is a favorite trope of the lefties and other socialists that Biffy and Muffy are 4th generation heirs with their golf spikes on the necks of the pooooor.

The secret to prosperity for all is to leave the rich alone to do what it is that they do. They will create more wealth for themselves and in the process they will create all of the jobs and benefits and security for the people they employ resulting from their investments.

And that's why Americans live so well. All Americans. Even the poorest Americans live well.

If you don't believe me, check out these whiners.

Class envy is an ugly thing. What this last poster needs is to get off the couch and make things happen for himself rather than some bitter grab for what others have earned.

--Krumhorn