Posts Tagged ‘economy’

Redistributing Wealth: Obama Style

Saturday, December 13th, 2008

Much has been written here and there over it, but perhaps the most obvious evidence for Obama’s disdain for our current Constitutional Republic, comes from and interview he did with Chicago Public Radio, WBEZ FM in 2001. The following are his exact words.

If you look at the victories and failures of the civil rights movement and its litigation strategy in the court, I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order and as long as I could pay for it I’d be OK

But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the Founding Fathers in the Constitution, at least as it’s been interpreted, and the Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the federal government can’t do to you, but doesn’t say what the federal government or state government must do on your behalf.

And that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was because the civil rights movement became so court-focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that.

I’ve highlighted the statements which show Obama’s inclination to impose socialist/communist government on the United States through legislative action: at least that’s the implication here.  He desires to break the “essential restraints” in the Constitution and believes that your money should be taken and doled out to others, in order for them to profit from your work.

The United States government was not founded on any principal that the government owes anyone anything (the government doesn’t own anything anyway – we do), but rather that it operates to maintain harmony of free exchange between individuals and only steps in when illegal dealings have transpired. The Framers of the Constitution would recoil in disgust over the idea that tax monies taken from the People, should be shuffled around and distributed to others who the government deems is “not well off”. The concept of redistributing wealth through governmental taxation is purely a socialist and communist ideal, which has no place at all in a free, libertarian society.

From the proposed “cap and trade” carbon tax, to Obama’s continued rallying for “redistribution of wealth”, to his support of the various bailouts and gun control proposals flying through Congress: Obama has shown his true stripes. The coming years of the Obama tiger are going to dreadfully hurt us.

Dispute on Global Carbon Tax Heating Up

Saturday, December 13th, 2008

A short article in the International Herald Tribune covers the anger building in developing nations over the UN proposals being bandied about to replace the current Kyoto treaty in 2012.  Most of it is old news, but there was one sentence that really grabbed my eye and certain shows the real motivation behind the Church of Global Warming.

Developing countries proposed a 2 percent tax on all transactions of the carbon market, which could become one of the world’s richest commodity markets if the United States creates a national cap-and-trade system as promised by President-elect Barack Obama.

The $700 Billion Dollar Lie

Wednesday, November 26th, 2008

Wake up, America: you’ve been swindled for far more than what you’ve been told.  The $700 billion dollar banking bailout that was rushed through the Federal government, was just a twelfth of what has been promised and being spent.

As many people, myself included, predicted that the government bailout has not ended, but only begun.  The San Francisco Chronicle has reported the breakdown of government spending and commitment in the overall bailout scheme, and the total value is $8.5 trillion dollars and counting. This is nearly 60 percent of the nation’s gross domestic product!

The USA is officially on the path to becoming a third world socialist quagmire and you can blame both the Democratic and Republican parties for this.  By bailing out rich bankers with your money, and money that the Federal Reserve prints without real backing, they have planted the seeds that cannot be sowed and our economy is going to flush like a giant toilet.  If you want a clear example of taxation without representation, this is it.

If you don’t own a firearm, buy one.  Then buy ammunition and plenty of it.  If the riots in Iceland are any example, you can expect things to get very ugly here, before the economy even appears to be stabilizing – assuming that it ever does.

Fascism Sucks

Friday, October 17th, 2008

As the world market thrashes around like a freshly caught fish, I cannot help but notice just how plainly stupid some of the commentary is on the situation.

First of all, you can point the finger of deregulation at any of the Presidents since Reagan, it’s congress which makes the laws! Secondly, deregulation is not the problem, human greed is. Last, if you didn’t predict some time ago that this was going to happen, then you’ve been asleep.

I won’t pretend to understand all of the nuances of the trading of debt which allowed this chaos to prevail, as examining the nuances merely tells me that you must be totally bat-shit insane to actually understand or follow it. What I do know is that we’ve lost so much more than economic stability in the “solution” and likely “solutions” to come.

The basic point is this: We lost the last of our freedom with the fix.

Our forefathers went to war for less than what we’ve seen in the last few weeks. Our money, or more accurately, your great-grandchildren’s money is being spent at an unprecedented rate in order to bail out a pig’s sty of greedy bankers. It’s not helping the economy, per se, it’s soothing the wounds of the rich bankers who started this mess to begin with, so that they might start trusting each other again and allow the wheels of monetary stupidity to roll as before.

This is not the correct path of action to take. As Ron Paul has pointed out on more than one occasion, it would be far better to let them go bankrupt, deal with the short term of it, than to drag this crap out for a couple more years by injecting their greed with capital. That injection, like a placebo, will fail to cure what Stephen Colbert so accurately referred to as “Business Syphilis”. (If you haven’t seen this video, it is at once both insightful and hilarious – a well needed bit of humor in this mess.)

$700 billion dollars went out the door with this bailout bill. How many homeless could be sheltered? How many schools could be properly funded? How many roads could be repaved, bridges rebuilt, water systems expanded, garbage collected, ad nausium – before you spend tax payer money on bailing out a bunch of mentally unstable, obviously retarded fat cat bankers? If that doesn’t tell you who controls our “elected representatives”, nothing will.  When we do not control in any fashion the public monies, but instead watch them go to bail out or even purchase business interests which used to be private – you have fascism.

Our Constitutional Republic has been replaced with a fully scoped fascism. Now we have to determine if we’ll live under those conditions or fight to get back what we’ve lost.

American Money

Monday, October 6th, 2008

This is one of the most concise videos I’ve seen, explaining the US monetary system and why we are in the trouble we are in.

Peter Schiff Redeemed

Wednesday, October 1st, 2008

Peter Schiff was laughed at over the last couple of years with his predictions of the US market, both investment and housing as being on the verge of collapse.  Looks like he has the last laugh.