What Sank McCain
The Possibilities of President Obama
The Treatment of Bush Has Been a Disgrace
Taxes: A Fair Share for All
Thursday, October 30, 2008
Sorry for not having catchy titles. That takes longer and I haven't had as much time the last couple days.
http://corner.nationalreview.com/post/?q=YjMzOWEzMGExNjAzMjQzMDA0MTVjYmM4ZTQyODc1ZGI=
http://online.wsj.com/article/SB122533149619882883.html
http://townhall.com/columnists/MichaelReagan/2008/10/29/you_cant_be_half-socialist?page=1
http://online.wsj.com/article/SB122533132337982833.html
http://article.nationalreview.com/?q=MmVlOTk1MzkwYmM2YTQzZmIxOTRlMjY3ZjZkMTg0OTM=&w=MQ==
http://online.wsj.com/article/SB122533169940482893.html
http://ibdeditorials.com/IBDArticles.aspx?id=310162844560933
http://ibdeditorials.com/IBDArticles.aspx?id=310173877357981
http://corner.nationalreview.com/post/?q=YjMzOWEzMGExNjAzMjQzMDA0MTVjYmM4ZTQyODc1ZGI=
http://online.wsj.com/article/SB122533149619882883.html
http://townhall.com/columnists/MichaelReagan/2008/10/29/you_cant_be_half-socialist?page=1
http://online.wsj.com/article/SB122533132337982833.html
http://article.nationalreview.com/?q=MmVlOTk1MzkwYmM2YTQzZmIxOTRlMjY3ZjZkMTg0OTM=&w=MQ==
http://online.wsj.com/article/SB122533169940482893.html
http://ibdeditorials.com/IBDArticles.aspx?id=310162844560933
http://ibdeditorials.com/IBDArticles.aspx?id=310173877357981
Wednesday, October 30, 2008
http://online.wsj.com/article/SB122523819032678157.html
http://www.creators.com/opinion/tony-blankley.html
http://www.creators.com/opinion/debra-saunders/not-moderates-but-gop-wimps.html
http://article.nationalreview.com/?q=MDc0YzEzODIwOTVkMmE2ZDlkNjE1YjRjOWM5ODk5N2U=&w=MA==
http://article.nationalreview.com/?q=ZWY3ZDkyNWJiMThmNjNlN2RjOTczYTc1MWI5ZmEzOWU=&w=MA==
http://ibdeditorials.com/IBDArticles.aspx?id=310084416596856
http://ibdeditorials.com/IBDArticles.aspx?id=310085872874876
http://ibdeditorials.com/IBDArticles.aspx?id=310086471898525
http://online.wsj.com/article/SB122523858126178227.html
http://online.wsj.com/article/SB122524355079278651.html
http://online.wsj.com/article/SB122333901560909871.html
http://www.realclearpolitics.com/articles/2008/10/undecideds_should_break_for_mc.html
http://www.creators.com/opinion/tony-blankley.html
http://www.creators.com/opinion/debra-saunders/not-moderates-but-gop-wimps.html
http://article.nationalreview.com/?q=MDc0YzEzODIwOTVkMmE2ZDlkNjE1YjRjOWM5ODk5N2U=&w=MA==
http://article.nationalreview.com/?q=ZWY3ZDkyNWJiMThmNjNlN2RjOTczYTc1MWI5ZmEzOWU=&w=MA==
http://ibdeditorials.com/IBDArticles.aspx?id=310084416596856
http://ibdeditorials.com/IBDArticles.aspx?id=310085872874876
http://ibdeditorials.com/IBDArticles.aspx?id=310086471898525
http://online.wsj.com/article/SB122523858126178227.html
http://online.wsj.com/article/SB122524355079278651.html
http://online.wsj.com/article/SB122333901560909871.html
http://www.realclearpolitics.com/articles/2008/10/undecideds_should_break_for_mc.html
Monday, October 27, 2008
Three reasons to be appalled
2001 Obama interview
Media's Presidental Bias and Decline
LA Times supresses incriminating video
The Europeanization of America
Obama's First 100 Days
Barney's Big Mouth
Two-Pronged Stategy for McCain
'The Obama Effect'
Obama and the Left
Voters Still Not Putting Full Faith Behind Mystery Candidate Obama
Obama's Dubious Donations
Benefits of McCain's Healthcare Plan
2001 Obama interview
Media's Presidental Bias and Decline
LA Times supresses incriminating video
The Europeanization of America
Obama's First 100 Days
Barney's Big Mouth
Two-Pronged Stategy for McCain
'The Obama Effect'
Obama and the Left
Voters Still Not Putting Full Faith Behind Mystery Candidate Obama
Obama's Dubious Donations
Benefits of McCain's Healthcare Plan
Saturday, October 25, 2008
If you are still having some trouble understanding the difference between McCain's and Obama's tax policy, read this article. It plainly spells it out.
A stark difference in tax policy
Also a great article...
Messianic Pretenstions
McCain v. The Juggernaut
One Tiny Vote for McCain
A Reality Check on Obama's Wish List
A stark difference in tax policy
Also a great article...
Messianic Pretenstions
McCain v. The Juggernaut
One Tiny Vote for McCain
A Reality Check on Obama's Wish List
Thursday, October 23, 2008
Are the Polls Accurate?
The most accurate poll of 2004 election: Obama 44.8%, McCain 43.7%, Undecided 11.6%
Tax Policy:
Obama's plans are giving voters pause
An Obamanomics Preview
Small Business Not Safe from Obama Tax
A New Welfare State
Hatin' Palin
The Dangers of Liberal Bias
Obama still begging for money
The most accurate poll of 2004 election: Obama 44.8%, McCain 43.7%, Undecided 11.6%
Tax Policy:
Obama's plans are giving voters pause
An Obamanomics Preview
Small Business Not Safe from Obama Tax
A New Welfare State
Hatin' Palin
The Dangers of Liberal Bias
Obama still begging for money
Thursday, October 15, 2008
Barack "Robin Hood" Obama
Tonight's Debate: McCain's Final Shot
Abortion:
Obama's Abortion Extremism
Obama's Infantide Lie
Oxymorons for Obama
Mission Impossible
Media Bias:
Media Help Obama Cover Suspect Past
The Rage That's Not on Your Front Page
Obama is Getting Off Easy
When Guilt by Association is Fair Game
Obama's Failed Education Plan
ACORN's Bad Seed
Wright's Afrocentrism and Anti-Americanism
Explaining the internals of the polls -- how many of them are skewed
Tonight's Debate: McCain's Final Shot
Abortion:
Obama's Abortion Extremism
Obama's Infantide Lie
Oxymorons for Obama
Mission Impossible
Media Bias:
Media Help Obama Cover Suspect Past
The Rage That's Not on Your Front Page
Obama is Getting Off Easy
When Guilt by Association is Fair Game
Obama's Failed Education Plan
ACORN's Bad Seed
Wright's Afrocentrism and Anti-Americanism
Explaining the internals of the polls -- how many of them are skewed
Monday, October 13, 2008
The Coming Liberal Thugocracy
Healthcare: McCain v. Obama
Fire the Campaign
Economics:
Obama's 95% Tax Cut Illusion
The Capitalist Manifesto
A Socialist Tsunami
The Truth about the Economy
Obama website lies about ACORN Ties
The Indefineable Barack Obama
Playing the Race Card
Obama didn't write "Dreams from My Fathers"
Bush's North Korea Surrender
Healthcare: McCain v. Obama
Fire the Campaign
Economics:
Obama's 95% Tax Cut Illusion
The Capitalist Manifesto
A Socialist Tsunami
The Truth about the Economy
Obama website lies about ACORN Ties
The Indefineable Barack Obama
Playing the Race Card
Obama didn't write "Dreams from My Fathers"
Bush's North Korea Surrender
Friday, October 10, 2008
Here is my list of recommended reading to start your weekend. I have included quite a few articles that focus on Obama's associations with Ayers and others. Although some of the articles overlap somewhat, I think it is important to understand reality and severity of this issue. Just because the economy is at the forefront of people's minds does not mean Obama's lack of integrity and judgment is any less important.
Obama Magic (great article)
Obama and his sketchy associations:
Obama and Friends: Judge Not?
Who is the Real Barack Obama?
Why Ayers Still Matters
Ayers Has Not Left Radicalism Behind
Putting a Face on Terror
Smells from the Shadows
ACORN
The Limits of Obamamania in Europe
Economic Issues:
Dodd and Countryside
Free Trade
The Coming Tax Bomb
About that Middle-class Tax Cut...
Don't forget about congressional elections
Obama Magic (great article)
Obama and his sketchy associations:
Obama and Friends: Judge Not?
Who is the Real Barack Obama?
Why Ayers Still Matters
Ayers Has Not Left Radicalism Behind
Putting a Face on Terror
Smells from the Shadows
ACORN
The Limits of Obamamania in Europe
Economic Issues:
Dodd and Countryside
Free Trade
The Coming Tax Bomb
About that Middle-class Tax Cut...
Don't forget about congressional elections
Wednesday, October 8, 2008
Late Night Post-Debate Thoughts
McCain, unarguably, had to hit the ball out of the park tonight. Unfortunately, he did not and maybe that will cost him the election.
Economy:
The first 30 minutes of the debate focused on the poor state of the economy. The most important point that McCain needed to make tonight was to explain who was truly to blame for the country’s current economic problems. McCain did not do this adequately. He needed to show how Democrats in Congress and radical community groups forced lending agencies like Fannie Mac and Freddie Mae to extend bad housing loans to many who could not afford to be homeowners. Republicans are unjustly being blamed 2:1 for the current economic crisis. Not surprisingly, the mainstream media has completely failed to investigate/report this issue sufficiently and Democrats are blaming President Bush as always. McCain should have pegged this issue on Obama, who is linked to both of these groups: Dems in the House and Senate and the radical liberals at ACORN. McCain did mention that he and fellow Republicans warned of the potential for a sub-prime lending crisis a couple years back, which was entirely ignored by the democratic leadership in Congress. However, he did not drive this point home. It was not deregulation that caused this problem, as Obama continues to claim! It was just the opposite--government interference! McCain did touch on these points, but not to the degree that he needed to. I thought the gloves were coming off?
Tax Cuts:
Obama continued his campaign rhetoric that he will extend tax cuts to 95% of Americans. McCain should have jumped all over this! First of all, around 35% of American workers do not pay ANY income tax. How can Obama promise to cut taxes for people that do not pay anything to begin with? His “tax cuts” would literally be giving handouts to over 50% of the wage earners while at the same time raise taxes on the “rich.” This is nothing short of wealth redistribution. Gov. Palin called it such in the VP debate last week and McCain should have stressed this point as well.
I have made this point before but I will say it again, corporate taxes will hurt all Americans. Corporations must meet their profit margins. When their taxes are raised they will in turn raise the price of their product in order to ensure they continue making a profit. Raising the price of their product means the consumer (taxpayer) will have to pay more for necessary goods.
McCain pointed out that Obama had said he would consider not raising taxes if the economy was struggling. McCain went on to say that we need lower taxes across the board. I was glad McCain brought up this point but he did not deliver the knockout punch. By saying he would wait to raise taxes until the economy is healthy, Obama is essentially admitting that raising taxes is bad for the economy. McCain should have asked, “If you believe increasing taxes stimulates the economy, why not raise them during economic turmoil?”
Healthcare:
The most telling point during the discussion on healthcare was when the candidates were asked if healthcare is a privilege, right or responsibility. McCain said he thought it was a responsibility. Obama, on the other hand, thought healthcare was a right. I would expect no less from a Marxist like Obama. He thinks that every American has the right to healthcare and as president he would make sure the government provided it for you. Where does it say in the Constitution that as an American you have the right to healthcare? This is the same issue that caused the housing crisis—people thought they had a right to own their own home and, therefore, took out mortgages they could never afford to pay. This is a fundamental problem with liberal ideology; liberals believe they need what they want and are entitled to what they need.
Foreign relations:
Surprisingly, questions concerning foreign affairs took up nearly an hour of the debate. This was to McCain’s benefit, considering foreign affairs are his strong suit. Tonight, as usual, he spoke about this subject with great ease, due to his knowledge and experience. (I wish he had spoken of the economy in the same manner.) His answers were on message and succinct: “We will bring our troops home with victory” and “If you go in, you better not leave early.” When asked about the “Obama Doctrine,” Obama could only manage to reiterate his message that Bush was wrong and McCain would just be more of the same. Of course, Obama only spoke of “ending” the war in Iraq. Never does he or any other Democrat mention “winning” the war in Iraq. (I want to talk about this in length at a later time.) To his credit, McCain again pointed out that Obama said he would meet with the leader of Iran and other rogue nations “without precondition.”
The debate concluded with a rather ambiguous question: “What don’t you know and how will you learn it?” Predictably, Obama talked about how awful the last 8 years have been under McBush and how we need “change.” Equally predictable, McCain talked about putting the country first. He boasted of his experience and credentials, yet I thought he could have gone in a whole different direction with his response, especially considering he had the last word. McCain could have responded by saying that what he and the American people do not know is the true character of Obama. His dubious relations with Ayers, Rezko, Wright and others present many legitimate questions, which Obama has continually avoided. He purposefully conceals his radical liberalism by touting a shallow populist message. The only way to learn what we do not know about Obama is for him to be forthright and honest about his shameful associations and voting record. McCain could have concluded by saying that the American people can have confidence in knowing who John McCain is and that he can be trusted as our leader.
This debate failed to be McCain’s shining moment. Although he made some good points and held his own, he definitely did not take off the gloves as many were expecting. This was a prime opportunity to win by TKO and, unfortunately, anything short is likely to be viewed as an Obama victory.
Economy:
The first 30 minutes of the debate focused on the poor state of the economy. The most important point that McCain needed to make tonight was to explain who was truly to blame for the country’s current economic problems. McCain did not do this adequately. He needed to show how Democrats in Congress and radical community groups forced lending agencies like Fannie Mac and Freddie Mae to extend bad housing loans to many who could not afford to be homeowners. Republicans are unjustly being blamed 2:1 for the current economic crisis. Not surprisingly, the mainstream media has completely failed to investigate/report this issue sufficiently and Democrats are blaming President Bush as always. McCain should have pegged this issue on Obama, who is linked to both of these groups: Dems in the House and Senate and the radical liberals at ACORN. McCain did mention that he and fellow Republicans warned of the potential for a sub-prime lending crisis a couple years back, which was entirely ignored by the democratic leadership in Congress. However, he did not drive this point home. It was not deregulation that caused this problem, as Obama continues to claim! It was just the opposite--government interference! McCain did touch on these points, but not to the degree that he needed to. I thought the gloves were coming off?
Tax Cuts:
Obama continued his campaign rhetoric that he will extend tax cuts to 95% of Americans. McCain should have jumped all over this! First of all, around 35% of American workers do not pay ANY income tax. How can Obama promise to cut taxes for people that do not pay anything to begin with? His “tax cuts” would literally be giving handouts to over 50% of the wage earners while at the same time raise taxes on the “rich.” This is nothing short of wealth redistribution. Gov. Palin called it such in the VP debate last week and McCain should have stressed this point as well.
I have made this point before but I will say it again, corporate taxes will hurt all Americans. Corporations must meet their profit margins. When their taxes are raised they will in turn raise the price of their product in order to ensure they continue making a profit. Raising the price of their product means the consumer (taxpayer) will have to pay more for necessary goods.
McCain pointed out that Obama had said he would consider not raising taxes if the economy was struggling. McCain went on to say that we need lower taxes across the board. I was glad McCain brought up this point but he did not deliver the knockout punch. By saying he would wait to raise taxes until the economy is healthy, Obama is essentially admitting that raising taxes is bad for the economy. McCain should have asked, “If you believe increasing taxes stimulates the economy, why not raise them during economic turmoil?”
Healthcare:
The most telling point during the discussion on healthcare was when the candidates were asked if healthcare is a privilege, right or responsibility. McCain said he thought it was a responsibility. Obama, on the other hand, thought healthcare was a right. I would expect no less from a Marxist like Obama. He thinks that every American has the right to healthcare and as president he would make sure the government provided it for you. Where does it say in the Constitution that as an American you have the right to healthcare? This is the same issue that caused the housing crisis—people thought they had a right to own their own home and, therefore, took out mortgages they could never afford to pay. This is a fundamental problem with liberal ideology; liberals believe they need what they want and are entitled to what they need.
Foreign relations:
Surprisingly, questions concerning foreign affairs took up nearly an hour of the debate. This was to McCain’s benefit, considering foreign affairs are his strong suit. Tonight, as usual, he spoke about this subject with great ease, due to his knowledge and experience. (I wish he had spoken of the economy in the same manner.) His answers were on message and succinct: “We will bring our troops home with victory” and “If you go in, you better not leave early.” When asked about the “Obama Doctrine,” Obama could only manage to reiterate his message that Bush was wrong and McCain would just be more of the same. Of course, Obama only spoke of “ending” the war in Iraq. Never does he or any other Democrat mention “winning” the war in Iraq. (I want to talk about this in length at a later time.) To his credit, McCain again pointed out that Obama said he would meet with the leader of Iran and other rogue nations “without precondition.”
The debate concluded with a rather ambiguous question: “What don’t you know and how will you learn it?” Predictably, Obama talked about how awful the last 8 years have been under McBush and how we need “change.” Equally predictable, McCain talked about putting the country first. He boasted of his experience and credentials, yet I thought he could have gone in a whole different direction with his response, especially considering he had the last word. McCain could have responded by saying that what he and the American people do not know is the true character of Obama. His dubious relations with Ayers, Rezko, Wright and others present many legitimate questions, which Obama has continually avoided. He purposefully conceals his radical liberalism by touting a shallow populist message. The only way to learn what we do not know about Obama is for him to be forthright and honest about his shameful associations and voting record. McCain could have concluded by saying that the American people can have confidence in knowing who John McCain is and that he can be trusted as our leader.
This debate failed to be McCain’s shining moment. Although he made some good points and held his own, he definitely did not take off the gloves as many were expecting. This was a prime opportunity to win by TKO and, unfortunately, anything short is likely to be viewed as an Obama victory.
Wednesday, October 1, 2008
Happy American Energy Freedom Day!
First of all, watch this youtube video which shows Democrats in Congress defending the practices of Freddy Mac and Fannie Mae while Republicans warned of the problems that would result.
If you don't read any other article today, read this one...
A New Opportunity for McCain
Here are a couple good articles from one of my favorite journalists, Jonah Goldberg...
Accountability
(Karl Rove's comments that go along with this article.)
No One's Clean
A few more good ones on the economy...
The Conservative Case for Unlimited Deposit Insurance
How to Start the Healing Now
Why the Bailout is Bad for America
If Bailout Plan is too Socialistic, Just Wait for Obama Leviathan
Obama's Assault on the First Amendment
First of all, watch this youtube video which shows Democrats in Congress defending the practices of Freddy Mac and Fannie Mae while Republicans warned of the problems that would result.
If you don't read any other article today, read this one...
A New Opportunity for McCain
Here are a couple good articles from one of my favorite journalists, Jonah Goldberg...
Accountability
(Karl Rove's comments that go along with this article.)
No One's Clean
A few more good ones on the economy...
The Conservative Case for Unlimited Deposit Insurance
How to Start the Healing Now
Why the Bailout is Bad for America
If Bailout Plan is too Socialistic, Just Wait for Obama Leviathan
Obama's Assault on the First Amendment
Tuesday, September 30, 2008
Here are a couple articles that give varying perspectives on the bailout. This is obviously a difficult issue that not even Republicans can agree on. I recommend you read both articles in order to understand the differing viewpoints.
Article in favor of the bailout
Article opposing the bailout
Guilty Party
An ACORN falls from the Tree
Democrat Leaders Played to Lose
Article in favor of the bailout
Article opposing the bailout
Guilty Party
An ACORN falls from the Tree
Democrat Leaders Played to Lose
Monday, September 29, 2008
How McCain Wins
Not racist to reject Obama
Obama and the Reagan Doctrine
Obama in Leftland
Here's some more explanation about the current financial downturn. Not suprisingly, the mainstream media isn't covering this. McCain must hit this point home.
Obama's Dangerous Pals
Blame Fannie Mae and Congress for the Credit Mess
Franks fingerprints are all over the financial fiasco
Financial Affirmative Action
Not racist to reject Obama
Obama and the Reagan Doctrine
Obama in Leftland
Here's some more explanation about the current financial downturn. Not suprisingly, the mainstream media isn't covering this. McCain must hit this point home.
Obama's Dangerous Pals
Blame Fannie Mae and Congress for the Credit Mess
Franks fingerprints are all over the financial fiasco
Financial Affirmative Action
Friday, September 26, 2008
I'm about to leave for the weekend and I don't have a lot of time, but here are just a few...
http://article.nationalreview.com/?q=YTc4MDFjNzdhMjFjNDcwNTdhMzgyZDQ1NmRhMjQ5Yzg==
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/25/AR2008092503602.html?hpid=opinionsbox1
http://townhall.com/columnists/JonahGoldberg/2008/09/26/gray_lady_dons_a_cheerleader_skirt?page=full&comments=true
http://washingtontimes.com/news/2008/sep/26/fear-conomics/
http://weeklystandard.com/Content/Public/Articles/000/000/015/608daafj.asp?pg=1
http://weeklystandard.com/Content/Public/Articles/000/000/015/609phfzu.asp?pg=2
http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=76234
http://article.nationalreview.com/?q=YTc4MDFjNzdhMjFjNDcwNTdhMzgyZDQ1NmRhMjQ5Yzg==
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/25/AR2008092503602.html?hpid=opinionsbox1
http://townhall.com/columnists/JonahGoldberg/2008/09/26/gray_lady_dons_a_cheerleader_skirt?page=full&comments=true
http://washingtontimes.com/news/2008/sep/26/fear-conomics/
http://weeklystandard.com/Content/Public/Articles/000/000/015/608daafj.asp?pg=1
http://weeklystandard.com/Content/Public/Articles/000/000/015/609phfzu.asp?pg=2
http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=76234
Wednesday, September 24, 2008
It seems like most articles I have read in the past several days all address the failure on Wallstreet and the potential for a Washington bailout. So rather than continue to add more links to articles that point fingers or provide solutions, I figure I would just write a little something.
Unfortunately, I great deal of the American public is being fooled by the Obama campaign's pledge to lower taxes on the middle class (while raising taxes on the "rich"). Obama claims that he will lower taxes for 95% of American families. In actuality this may be true, Obama's tax plan could reduce income tax rates on the middle class. However, this is where liberal "logic" stops.
While Obama preaches that he will protect the middle class by providing tax cuts, he also says he will punish those big, bad corporations like the evil oil companies by raising the corporate tax rate.
First of all, I constantly hear democratic politicians chastizing the greedy oil companies for their outlandish profits. Since when should their be a limit to a company's profits? Companies should be allowed to be successful but not too successful? What about Hollywood? Is Congress going to step in and say the movie-making industry is too profitable therefore we have the right to confiscate some of their earnings? Isn't that the point of capitalism... for companies to make money and to make as much as they can? It is easy to get upset at oil companies who many think are exploiting the consumer. But just like any other industry, the consumer can refuse to buy the product. Yes, I know gas in considered a necessity, unlike going to the movies, but when people become unsatisfied with a product they begin looking elsewhere, opening the door for innovation and cheaper alternatives (ie. new technologies or more fuel-efficient cars.)
Staying on point, raising corporate taxes will not punish greedy corporations as Obama suggests. This is where the average American with a limited understanding of the economy is left disillusioned. Every business sets necessary profit margins. These profit margins must be met in order for companies to stay in business. Higher corporate tax rates do not change this truth. If a company is taxed more, they must do something to compensate for their loss. Namely, raise the cost of their product. This means that higher corporate tax rates are not paid for by the businesses but by the consumer who now must pay a higher price for goods. So the thousand dollars that may be saved by middle class families from income tax cuts will prove completely meaningless when the cost of living increases due to higher corporate taxes. Don't be fooled, middle class Americans. This is simple economics...simple economics that Obama must not understand or simply is trying to disguise. No one will benefit from Obama's "tax cuts."
Unfortunately, I great deal of the American public is being fooled by the Obama campaign's pledge to lower taxes on the middle class (while raising taxes on the "rich"). Obama claims that he will lower taxes for 95% of American families. In actuality this may be true, Obama's tax plan could reduce income tax rates on the middle class. However, this is where liberal "logic" stops.
While Obama preaches that he will protect the middle class by providing tax cuts, he also says he will punish those big, bad corporations like the evil oil companies by raising the corporate tax rate.
First of all, I constantly hear democratic politicians chastizing the greedy oil companies for their outlandish profits. Since when should their be a limit to a company's profits? Companies should be allowed to be successful but not too successful? What about Hollywood? Is Congress going to step in and say the movie-making industry is too profitable therefore we have the right to confiscate some of their earnings? Isn't that the point of capitalism... for companies to make money and to make as much as they can? It is easy to get upset at oil companies who many think are exploiting the consumer. But just like any other industry, the consumer can refuse to buy the product. Yes, I know gas in considered a necessity, unlike going to the movies, but when people become unsatisfied with a product they begin looking elsewhere, opening the door for innovation and cheaper alternatives (ie. new technologies or more fuel-efficient cars.)
Staying on point, raising corporate taxes will not punish greedy corporations as Obama suggests. This is where the average American with a limited understanding of the economy is left disillusioned. Every business sets necessary profit margins. These profit margins must be met in order for companies to stay in business. Higher corporate tax rates do not change this truth. If a company is taxed more, they must do something to compensate for their loss. Namely, raise the cost of their product. This means that higher corporate tax rates are not paid for by the businesses but by the consumer who now must pay a higher price for goods. So the thousand dollars that may be saved by middle class families from income tax cuts will prove completely meaningless when the cost of living increases due to higher corporate taxes. Don't be fooled, middle class Americans. This is simple economics...simple economics that Obama must not understand or simply is trying to disguise. No one will benefit from Obama's "tax cuts."
Friday, September 19,2008
Here is your list of required reading heading into the weekend.
This article goes along perfectly with what I wrote about yesterday.
Scapegoating Tax Cuts
Foreign Affairs:
The Irrationality of Anti-Americanism
We are Losing Europe to Islam
Lastly...
The Future of Bush's Legacy
This article goes along perfectly with what I wrote about yesterday.
Scapegoating Tax Cuts
Here's a few more dealing with economic issues:
The whole story to the financial meltdown
Obama is tight with Freddie and Fannie
More on the race:
Obama is stoking racial antagonism
Obama Releasing his In-Your-Face Hounds
Catholics Condemn BidenForeign Affairs:
The Irrationality of Anti-Americanism
We are Losing Europe to Islam
Lastly...
The Future of Bush's Legacy
Thursday, September 18, 2008
A Very "UnAmerican" Answer to Solving Our Financial Woes
I'm only posting a couple links today in order to emphasis a subject that has been on my mind recently...
Obama and the Democratic party are advocating raising taxes on the "rich" in order to correct the "unfairness" of our "tickle down economy." First of all, a "tickle down economy" is a socialist's way of describing capitalism. They think that the "rich" undeservedly hoard all of America's wealth, leaving little to be shared by the middle and lower class. Obama's solution to this problem is nothing short of wealth redistribution. Basically, this amounts to Robin Hood economics: Steal from the "rich" and give to the poor.
According to Obama, the current tax code is "unfair" and is causing the middle and lower classes to suffer. Let's look at some figures to illustrate just how "unfair" the current tax system is. The top 50% of wage earners pay over 96% of all federal income taxes. The top 10% of wage earners pay around 65% of all federal income taxes. The top 1% of all wage earners pay about 35% of all federal income taxes. Therefore, the top 1% of wage earners pay 10 times more in income taxes then the bottom 50%. I must agree with Obama, this tax system seems to be unfair, indeed. However, Obama believes it to be unfair for an entirely different reason... he thinks the "rich" need to pay more. What he fails to acknowledge is that since the Bush tax cuts, the federal government's tax revenue has increased by about 20%. Therefore, its not that Washington is not raking in enough money from taxes, they are just spending too much. Washington's spending will only increase if Obama is elected, considering his plan to socialize the health care industry. (A real problem with socialized medicine, besides the fact that it overextends government responsibility and authority, is that there is no cost control, however, that is an entirely new subject altogether.) Note: When you hear Obama say "tax cuts" for the lower class, just insert the word "handouts."
Without further addressing the "unfairness" that also accompanies the capital gains, payroll, and dividends taxes, I think it is important to focus on the language that Obama and Biden have used recently when speaking of taxes. As one of the articles above reports, Biden said it is "patriotic" to pay more taxes. He thinks that if the "rich" were to pay higher taxes, they should feel satisfied in having providing government handouts to the poor, thus creating a greater sense of equality. (I have no doubt Karl Marx would agree.) This sentiment exposed a fundamental difference between conservatives and liberals, which I have come to discover. Conservatives believe in equal opportunity. Liberals, on the other hand, believe in equal outcome. Meaning regardless of how hard you work or how smart you are, liberals believe everyone deserves an equal piece of the pie. (This is yet another subject that could be discussed in greater depth.)
One question I have is if patriotism is directly proportional to paying more taxes, then I guess the middle class is less patriotic since they pay less taxes, right?
This statement is of even greater concern, considering Biden's recently released tax returns that show he has only given around $3000 to charity in the last nine years. (The link to this article is on my previous posting.) Oh, and by the way, he made nearly $3 million during this time period! This perfectly illustrates liberals' idea of the role of government. They believe the government should assume complete responsibility for the less fortunate and should dictate where my money is spent; therefore, freeing me of all individual responsibility and making the recipients of the money over-reliant on government aid.
Obama recently made a similar remark when interviewed by Bill O'Reilly. He compared paying more taxes to giving a larger tip to a waitress who is not as financially well-off. He is confusing the role of government and the role of the individual. The act of tipping a waitress or donating money to charity should only occur due to the freewill of the individual, not government force. Having your money confiscated by the government and redistributed is not charity. It is socialism.
Government should not be likened to the Salvation Army and the tax system should not provide for the redistribution of wealth. Limited taxation with limited government encourages a more vibrant economy for all to share. Now, I know that paying taxes is a necessary evil; however, I believe patriotism is not best revealed by paying higher taxes but when the individual is given the opportunity to spend and donate his money freely.
Monday, September 15, 2008
McCain: The true bipartisan candidate
Life of the party returning at last
Antidisestablishmentarianism
Why feminists hate Sarah Palin
Duty, Honor, Country... and Columbia
Yet another questionable Obama relationship
Roy Blunt article: Bait and Switch
Barney Frank and the politics of family values
Biden the Philanthropic
Life of the party returning at last
Antidisestablishmentarianism
Why feminists hate Sarah Palin
Duty, Honor, Country... and Columbia
Yet another questionable Obama relationship
Roy Blunt article: Bait and Switch
Barney Frank and the politics of family values
Biden the Philanthropic
Friday, September 12, 2008
Gov. Palin's first interview as VP nominee...
Let Sarah be Sarah
"Tough" interview
Gibson called out
The not-so-one-dimensional Bush Doctrine
Its a race!
Feminists Exposed
Obama's Tax Policy
Sen. Jim DeMint's defense of Palin as fiscal conservative
Today, Sen. John McCain was a guest on The View. During the interview, he discussed the need for the Supreme Court to overturn Roe v. Wade, allowing states to then pass legislation restricting abortion. Whoopi Goldberg then interjected, "Should I be worried about being a slave again?" Using completely flawed logic (as is common among liberals), she thinks the practice of strict constitutionalism would bring about the reinstatement of slavery. She might want to read the Constitution more often (or for the first time), particularly the 13th Amendment, which bans slavery. Let it be noted that slavery was not banned by a judicial ruling of the Supreme Court. When Congress passed the 13th Amendment in 1865, it became part of the Constitution. Therefore, strict constitutionalism, by definition, firmly upholds the illegality of slavery. Unfortunately, McCain gave a poor response, basically conceding the point to Whoopi.
This exchange reminded me of a recent article by Ann Coulter, which further points out liberal hypocrisy (or maybe just lack of intellect.)
Let Sarah be Sarah
"Tough" interview
Gibson called out
The not-so-one-dimensional Bush Doctrine
Its a race!
Feminists Exposed
Obama's Tax Policy
Sen. Jim DeMint's defense of Palin as fiscal conservative
Today, Sen. John McCain was a guest on The View. During the interview, he discussed the need for the Supreme Court to overturn Roe v. Wade, allowing states to then pass legislation restricting abortion. Whoopi Goldberg then interjected, "Should I be worried about being a slave again?" Using completely flawed logic (as is common among liberals), she thinks the practice of strict constitutionalism would bring about the reinstatement of slavery. She might want to read the Constitution more often (or for the first time), particularly the 13th Amendment, which bans slavery. Let it be noted that slavery was not banned by a judicial ruling of the Supreme Court. When Congress passed the 13th Amendment in 1865, it became part of the Constitution. Therefore, strict constitutionalism, by definition, firmly upholds the illegality of slavery. Unfortunately, McCain gave a poor response, basically conceding the point to Whoopi.
This exchange reminded me of a recent article by Ann Coulter, which further points out liberal hypocrisy (or maybe just lack of intellect.)
Subscribe to:
Comments (Atom)
