These so-called patriotic millionaires are anything but. If they want to pay more of their income to support the welfare-warfare state, it goes to show that you can be a complete fool in America and still become wealthy. What a great country. This stunt should lay to rest that wealthy folks believe in free enterprise. They worship big government as much as the left wingers in Congress, in the media and in academia.
Archive for the ‘Spending’ Category
Ron Paul is right about foreign policy
07
Nov
Another article explains why Ron Paul’s foreign policy views are in the best interests of the American people. Our interventionist policies, undeclared wars, scores of military bases scattered across the globe and a huge military industrial complex are undermining are economy and causing hatred of America. The neoconservatives from both political parties really know how to destroy America.
Don’t support the pizza guy. He wants more of your dough.
13
Oct
Herman Cain’s 999 plan is the talk of the nation. GOP voters are going gaga over Herman Cain who has rocketed to first place in some polls for the Republican presidential nomination. According to Cain, his 999 plan is the first step toward imposing the Fair Tax.
Just say no to Cain’s 999 plan, and why Ron Paul should advocate a 10-0-0 plan
05
Oct
Former Godfather’s Pizza CEO is now a top tier candidate according to the latest polls after he won the Florida straw poll a couple of weeks ago in a stunning upset over front-runners Rick Perry and Mitt Romney.
Searching for a fair tax? Fuhgedaboutit!
18
Sep
For decades, make that centuries, philosophers, economists, politicians and others have been searching for the Holy Grail of taxation, a “fair” tax. And they all have failed. Inasmuch as all taxes involve coercion, the very negation of liberty, taxation is no different from what a robber who says to his victims, ‘Your money or your life.” In fact, taxation violates one of the fundamental tenets of the Judeo-Christian tradition, “Thou shall not steal.” Thus, creating a fair, coercive tax is impossible.
Washington D.C.: Bullsh## Central
03
Aug
Several years ago, a 67-page book by Princeton University philosophy professor Harry G. Frankfurt was a New York Times bestseller. ON BULLSHIT begins with these words: “One of the most salient features of our culture is that there is so much bullshit. Everyone knows this…Most people are rather confident of their ability to recognize bullshit and to avoid being taken in by it.”
It’s the spending, stupid. How Grover Norquist and ATR blew it
29
Jul
The other day I received a blast e-mail from Americans for Tax Reform (ATR) signed by its president Grover Norquist. Mr. Norquist has become a lightning rod for President Obama and congressional Democrats because of his opposition to higher taxes to address the fiscal crisis in Washington D.C. Read the rest of this entry »
Raise the debt ceiling…to $100 trillion
13
Jul
The negotiations between President Obama, Speaker of the House Boehner and other Republican congressional leaders about raising the debt ceiling and cutting the deficit have stalled because the president wants to increase taxes as part of a “balanced approach” to the federal government’s fiscal imbalances. Republicrats assert that higher taxes are “off the table.”
Ayn Rand, Jesus and the morality of the welfare state
16
Jun
In the summer of 1969, my wife and I were visiting her sister’s family in Utica, New York. One day we took a ride to Syracuse and stopped in a bookstore where I bought a copy of Ayn Rand’s Capitalism: The Unknown Ideal. Having been a history major and interested in economic issues, I eagerly read the collection of essays by Rand, Alan Greenspan and others. I especially was intrigued with Alan Greenspan’s “Gold and Economic Freedom,” where he makes the case that the Federal Reserve’s easy money policies of the 1920s caused the boom that led to the stock market crash.
Give me, give me, give me
05
Mar
In two separate rallies in Trenton, teachers and then police officers, fire fighters and EMS personnel showed their support for Wisconsin teachers and for public sector unions in general. The rallies have a common theme: public sector employees apparently do not appreciate the severity of the fiscal reality facing states and municipalities around the country, and want to preserve their “rights.” Most state governments are broke and their pension plans and retiree health benefits may be underfunded by as much as $3.5 trillion.
Obama’s vision: more crony capitalism and foreign intervention; the GOP response: we support the welfare-warfare state, too
27
Jan
While I was driving home Tuesday evening, I listened to President Obama’s State of the Union address for a few minutes on the radio. Obama’s speech was vapid with an insightful phrase thrown in here and there to show he really is a champion of free enterprise and middle-class values. Obama sounded like a cross between Vince Lombardi and the head of the Chamber of Commerce.
Americans overwhelmingly support Ponzi schemes
23
Jan
According to a New York Times/CBS News poll, Americans want less federal spending instead of paying higher taxes to reduce the deficit. However, about two thirds of Americans would prefer higher payroll taxes for Medicare and Social Security rather than seeing any cutbacks in benefits. In other words, Americans rightfully oppose higher taxes to solve the federal government’s unconscionable spending polices, but they also want to perpetuate the greatest Ponzi schemes in human history, Social Security and Medicare.
Government violence: the real evil in the world
11
Jan
Before I sat down to write this essay I checked, as I always do every morning, www.lewrockwell.com to see what some of the best columnists on the web had to say about national and world events. Today, their analysis of the reactions of the political class and the pundits on talk radio and cable television to the shootings in Tucson did not disappoint.
Willie Sutton economics: rob the rich to balance the budget
04
Jan
According to a recent “60 Minutes”/Vanity Fair poll, 61% of Americans want to raise taxes on the “rich” to balance the budget. The next popular option is reducing defense spending. Cutting Medicare or Social Security is not very popular. Less than five percent of those polled want to reduce the federal government’s Ponzi schemes.
When is a Ponzi scheme “not” a Ponzi scheme? When the government runs it.
03
Jan
The first wave of baby boomers turned 65 on 1/1/11, making them eligible for Medicare, joining their parents, aunts and uncles and other relatives in one of the greatest Ponzi schemes created by any government. Instead of acknowledging that it is running a Ponzi scheme that is trillions of dollars in the hole, the federal government’s propaganda continues to extol the virtues of a government health insurance program that kicks in for its citizens when they turn 65 years old.