Obama: Redistribution of Wealth is Economic Justice

Reason | Oct. 27, 2008

Barack Obama during a radio interview in 2001 said some rather troubling things. He posited that the civil rights movement, while successfully establishing social rights for all, did not pursue “economic justice” and “redistributive change.” While said in the context of talking about the segregation movement, he was explicit in noting that the civil rights movement had not gone far enough in terms of providing equal rights for all. In his view racial integration was the first step towards equality in terms of providing racial equality, but true equality will only come with the economic equality of all, beyond the race issue.

We’ve already heard Obama tell Joe the Plumber that its better for everyone when you spread the wealth around, so this is not a radical bombshell, but it does reinforce an important point: when Obama becomes President, capitalists must be vigilant in the fight against socialist trends. [Read more…]

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Democrats Contemplate Abolishing 401(k) Tax Breaks

Workforce Management | Oct. 16, 2008

Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

House Education and Labor Committee Chairman George Miller, D-California, and Rep. Jim McDermott, D-Washington, chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, are looking at redirecting those tax breaks to a new system of guaranteed retirement accounts to which all workers would be obliged to contribute. [Read more…]

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Obamanomics

American Thinker | Amil Imani | Oct. 25, 2008

Obama’s economic plan is a recipe for long-lasting disaster. Keep in mind that wrecking anything, as opposed to building things, requires very little time and effort. Obama’s plan is deceptively attractive, while in reality it is a huge wrecking ball that will capsize the already listing ship of our economy. Here is a partial list of reasons why. Judge for yourself. [Read more…]

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Obamanomics Abhors the Free Market

DavidLimbaugh.com | David Limbaugh | Oct. 23, 2008

For Obama Kool-Aid guzzlers who believe Joe the Plumber was a premeditated Republican plant to trap Obama into admitting his communist inclinations (even though Obama approached Joe, not the other way around), I refer you to Obama’s history of similar utterances in favor of soaking the rich.

In June, Obama said he’d designed his tax and spending policies to deal, in part, with the challenge of our “winner-take-all” economy, where the gains from economic growth skew heavily toward the wealthy. “A strong government hand,” he said, “is needed to assure that wealth is distributed more equitably.” He said he’d seen “no evidence” that tax cuts, particularly on business, spurred growth, calling the idea “flawed economics.” He must be unfamiliar with the Kennedy, Reagan and George W. Bush years, pre-financial crisis. [Read more…]

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Why The Left Always Resorts To Brute Force

Townhall.com | Kevin McCullough | Oct. 19, 2008

After Barack Obama got rhetorically bludgeoned this week with the consequences of his own words to a working class guy from Toledo, the nation got a peek into his soul. It was not pretty and it should serve as a preview of what we can expect from Barack Obama towards those who disagree with him. It has been unattractive, unbecoming of someone running for President, and certainly riddled with hypocrisy and double standard. [Read more…]

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Obama’s Carbon Ultimatum

Wall Street Journal | Oct. 20, 2008

Liberals pretend that only President Bush is preventing the U.S. from adopting some global warming “solution.” But occasionally their mask slips. As Barack Obama’s energy adviser has now made clear, the would-be President intends to blackmail — or rather, greenmail — Congress into falling in line with his climate agenda.

Jason Grumet is currently executive director of an outfit called the National Commission on Energy Policy and one of Mr. Obama’s key policy aides. In an interview last week with Bloomberg, Mr. Grumet said that come January the Environmental Protection Agency “would initiate those rulemakings” that classify carbon as a dangerous pollutant under current clean air laws. That move would impose new regulation and taxes across the entire economy, something that is usually the purview of Congress. Mr. Grumet warned that “in the absence of Congressional action” 18 months after Mr. Obama’s inauguration, the EPA would move ahead with its own unilateral carbon crackdown anyway. [Read more…]

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A Liberal Supermajority

Wall Street Journal | Oct. 17, 2008

If the current polls hold, Barack Obama will win the White House on November 4 and Democrats will consolidate their Congressional majorities, probably with a filibuster-proof Senate or very close to it. Without the ability to filibuster, the Senate would become like the House, able to pass whatever the majority wants.

Though we doubt most Americans realize it, this would be one of the most profound political and ideological shifts in U.S. history. Liberals would dominate the entire government in a way they haven’t since 1965, or 1933. In other words, the election would mark the restoration of the activist government that fell out of public favor in the 1970s. If the U.S. really is entering a period of unchecked left-wing ascendancy, Americans at least ought to understand what they will be getting, especially with the media cheering it all on. [Read more…]

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Secret Service says “Kill him” allegation unfounded

Obama caught in yet another lie. With so many wild claims and distortions Obama’s behavior is showin dangerous signs of pathological behavior.
The Times Leader | Andrew M. Seder | Oct. 15, 2008

The agent in charge of the Secret Service field office in Scranton said allegations that someone yelled “kill him” when presidential hopeful Barack Obama’s name was mentioned during Tuesday’s Sarah Palin rally are unfounded.

The Scranton Times-Tribune first reported the alleged incident on its Web site Tuesday and then again in its print edition Wednesday. The first story, written by reporter David Singleton, appeared with allegations that while congressional candidate Chris Hackett was addressing the crowd and mentioned Obama’s name a man in the audience shouted “kill him.” [Read more…]

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On Bill Ayers and small ‘c’ communists

American Thinker | James Lewis | Oct. 15, 2008

Bill Ayers said in 1995 that he was just a “small ‘c’ communist.” He said it with a little laugh. And most of us aren’t even shocked. We’ve heard words like that before. But we should feel shivers running up our spines.

I know goofy liberals who moan about all the good intentions demonstrated by Karl Marx, Lenin, and Trotsky. They’re all Obama voters, for some reason. They are the same kinds of people who think Jesus was a communist, and that George W. Bush is Hitler. They are often the kind of people who try desperately to be completely nice in their lives, especially to designated victims. But often they harbor a belly full of rage — against conservatives, or big corporations, or fundamentalist Christians, or anybody who challenges their belief in their own saintliness.

In basic politics there are only two numbers you need to know. One is Six Million. You know what that means. The other number is not nearly as well-known, but it should be. It’s One Hundred Million. [Read more…]

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