Economy / Politics

Economics for Politicians Part 5 – Businesses are Greedy – That’s Not Necessarily a Bad Thing! [Reader Post]

Today we’ll be covering one of the favorite memes among the left, the notion that business are evil, greedy entities that must be reigned in and controlled by benevolent, uncorruptable government bureaucracy. Links to our previous lessons are at the bottom of the page, with the link to our last lesson on why you don’t create jobs being the most relevant. Today we’re here not to dispel that businesses are greedy but that in the words of the immortal Gordon Gecko, “Blue Horseshoe loves Teldar Paper.” No wait, that’s not the quote that I wanted. The phrase I’m looking for is the from a speech best summed up with three simple words – “Greed is Good”.

Politics

Say What? September 18, 2011 Edition [Reader Post]

President Barack Obama: “If you love me, you’ve got to help me pass this bill.”

Valerie Jarrett, White House senior adviser, to Rachel Maddow on President Obama‘s jobs plan: “The Congress should pass this plan and they should do it right this minute…there’s no reason why we can’t move forward right this minute.”

Valerie Jarrett, one minute later, to Maddow: “The president is going to draft the legislation, make the job a little easier for Congress and the Senate, and send it up there next week.”

Barack Obama / Culture / Deception and Lies / Economy / Global Warming / Health Care / History / Hollywood Limousine & Learjet Liberals / Law / Social Studies / Taxes

Is Social Security A Ponzi Scheme? Hell Yes It Is

History will judge the Social Security Bill to be the grandest Ponzi scheme in all of history; unless, the government continues on with the Anthropogenic Global Warming regulations. These may sound like wild ambiguous statements to you the reader; however, you probably aren’t that familiar with the history of Ponzi schemes or understand how they function or the similarity would be painfully obvious. So obvious, that it is conceivable that the SS Bill used the genius of Charles Ponzi as the framework for the Social Security Bill.

The public wasn’t really familiar with the Ponzi scheme until Bernie Madoff pulled his now comedic rise to wealth by pedaling his version of the Ponzi scheme to the wealthy. Concentrating on the extremely wealthy, he sold an exclusivity of influence for investors. Making a mockery of “the rich are so smart” parable, he had them clamoring for the opportunity to get close to Bernie and be bilked for millions.

Barack Obama / Baracks Broken Promises / Congress / Economy / Environment / Obamanomics / Politics / polls / POWER GRAB!

The left’s 40% blue core… insanity, stupidity or religion? [Reader Post]

It’s still a year out from the election, but Rasmussen’s most recent poll makes one start to wonder. It shows President Obama at 46% of the vote against GOP frontrunner Rick Perry’s 39%. That was a flip from the previous week’s Obama 41% vs. Perry’s 44%.

The Perry part of that poll is not really of consequence. President Obama tends to perform about the same against various other challengers and against the “generic” Republican candidate. The ebb and flow of a weekly news cycle has an impact on the fringes, but not so much on the core. And that core is the thing that one has to wonder.

Open Thread

Weekly Open Thread – Tax The Rich Edition!

If you put a floor at their current marginal tax rate of 35%, the government would obtain $37 billion more dollars. That might sound like a lot, but it amounts to just 2.5% of the 2009 $1.5 trillion deficit (which is the red line shown). If you increase the floor to the pre-Bush-tax-cut marginal rate of 39.6%, the additional revenue grows a bit — to $66 billion, or 4.5% of the year’s deficit.

Anti-Americanism / Auto Industry / Barack Obama / Campaign Financing / Charities / Class Warfare / Culture / Economy / Hollywood Limousine & Learjet Liberals / Liberal Idiots / Media / Social Studies / Taxes

Why Americans Hate Limousine Liberals

Senator Chuck Schumer, Democrat, N.Y. thinks the president’s plan to raise the taxes on households making more than $250,000 may require a special dispensation for New Yorkers.

After President Obama unveiled his totally new plan for the new plan for deficit-reduction that Americans hear about every other month, the plan that raises taxes on households that have an income of over $250,000, he flew to New York for a fundraising event (tickets were priced at $36,000).

A reporter, Marcia Kramer asked lawmakers from the New York region what they thought of President Obama’s tax plans. Most of the legislators were in step with the president, but Schumer stood up for his limousine Liberals. He supports the millionaire’s tax, but with caveats. He feels the $250,000 limit is unacceptable for the metropolitan area of New York, because of the high cost of living within the city.

Barack Obama / Baracks Broken Promises / Economy / Politics / propaganda bureau

Obama’s green economy is about to cost you a fortune [Reader Post]

Barack Obama has spared no effort attempting to shove the US towards a so-called “green economy.” The same green economy nearly bankrupted Spain and has been nothing but a miserable failure here.

China is now in the process of changing the sticker price of Obama’s green economy and they are sending it skyward. They are tightening control of rare Earth metals.

Barack Obama / Canada / Culture / Deception and Lies / Disasters / Economy / Freedom / History / Military / military history / Obamanomics / Personal / Social Studies / Taxes

Obama’s Turkeys

I had a Labrador and my best buddy Knarley Manners had a Chesapeake. The dogs were given to us by people in town, people who found that big dogs make a big mess in small backyards. That was fine by us, we usually had stock dogs and dogs for lion and bear, these bird dogs were exotics to us and really special. There was only one problem; we weren’t bird hunters. Oh sure, we shot prairie chickens (grouse and ptarmigan) for dinner out in the bush, but that was always with a pistol or a 22 and not all that sporting. Head shots at thirty feet or less was the rule, but the skills for shooting ducks and geese had eluded us. Why hunt ducks and geese when you can hunt moose and elk?

Now that we had dogs, we needed to learn how to hunt waterfowl. We made plans, oh how we made plans for weeks and months we made plans; the sort of plans that 13 year old boys make when they are hiding an expedition from their dads.

Barack Obama / Baracks Broken Promises / Class Warfare / Congress / Conservatism / Economy / John Boehner / Obamanomics / Politics / Taxes

Obama – “Give Me More Taxes or Give Me Nothing”

President Obama gave another speech this morning, this time announcing his deficit reduction class warfare plan:

President Obama called on Monday for Congress to adopt his “balanced” plan combining entitlement cuts, tax increases and war savings to reduce the federal deficit by more than $3 trillion over the next 10 years, and said he would veto any approach that relied solely on spending reductions to address the fiscal shortfall.