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Quote of the Day
July 30th, 2010Winston Churchill:
An appeaser is one who feeds a crocodile—hoping it will eat him last.
Guess the part
July 29th, 2010What political party believes:
- party operates on the principle of democratic centralism (members of the party can vote, but once a decision is made, there is to be not criticism)
- Every person has a right to a job
- Wars are fought to help big corporations like Halliburton.
- Believes that terrorism can’t be stopped by fighting
- Wants equal rights for women, equal pay for equal work, the protection of reproductive rights, together with putting an end to sexism
- Wants to end racial profiling and continue affirmative action
- Is committed to participating in environmental movements wherever possible, emphasizing the significance of building unity between the environmental movement and other progressive tendencies
Yup…it’s the Communist Party platform. I bet you thought it was the Democrats.
In defense of John Kerry (that hurt to write)
July 27th, 2010John Kerry was recently criticized for docking his $7 million yacht in Rhode Island instead of Massachusetts. He did nothing illegal. His boat was in Newport…which is a nice harbor and a great little town.
The news made him look like a hypocrite so he succumbed to pressure and has pledged to pay the taxes. I for one am not happy about it. This means he will take $500,000 out of his investments to pay the sales tax.
In other words, the Boston Globe created a great headline and political opponents scored some points, but we have just transferred another half million dollars from the private sector to the public sector.
It seems to me that the real hypocrites are the people who attacked Kerry even though they think low taxes are good for the economy and taxes on the wealthy kills jobs. I understand Kerry is a boob, but the money that his wife’s ex-husband made has just been reallocated to a sink hole.
A booming economy “ain’t pretty”
July 27th, 2010Al Franken (the election thief) says:
We have seen what happens when Republicans take control of Congress with a Democratic president and it ain’t pretty.
Let’s review. The Republicans took control of Congress in 1994 during the Clinton years. What happened?
- 6 years of economic growth.
- The DOW more than double. It rose from 4500 to 10,662.
- The budget deficit disappeared and we ran a surplus for a short time.
- Unemployment dropped to less than 4%…the lowest level in 30 years+
I wonder what color the sky is in Al Franken’s world.
Bluffington Post
July 27th, 2010The radical lefties over at the Huffington Post know nothing about economics:
From the stimulus debate, we know that both progressive and conservative economists agree that spending on programs like unemployment and food stamps are a far better boost to the economy than extending tax cuts. This makes sense – whereas a rich person may simply pocket a new tax break, a person on the economic brink will spend cash on necessities almost immediately. Thus, we can safely conclude that raising taxes on the wealthy and devoting those new resources to such programs would be a much better boost to the economy than simply extending tax cuts for the wealthy.
First of all, conservative economist don’t agree. The Founding fathers didn’t agree. That’s just nonsense.
Secondly, rich people don’t “pocket” money. They either spend it or invest it. Even putting your money in a savings account is investing it. This money is desperately needed by banks to improve their balance sheets and reduce the risk of lending. Invested money can get us out of the liquidity trap that we all learned about when the housing market crashed.
We need to create wealth. Taking money from the producers and handing it over to the idle is a very bad idea.
Finally, it would be far better to give someone a job instead of a hand-out. What happened to the “audacity of hope”. Is it hopeful to want welfare? No…people hope for jobs. Some of those conservative economist think that raising taxes on the wealthy could reduce hiring by 18%. That is a significant decrease in jobs and a big increase in government spending. It seems to me that the solution is to get people to work and away from assistance. Taxing people and pissing it away in Washington doesn’t sound like a good plan to me.
I’ll leave you with a quote from Winston Churchill.
We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
Staggering Audacity
July 27th, 2010The Obama’s are having a tough time, just like you and me:
He says he and first lady Michelle Obama took a hit like everybody else when the economy nearly collapsed, telling ABC that a college fund for daughters Malia and Sasha has gone “up and down” with the stock market.
Obama says the first couple is “not that far removed from what most Americans are going through.”
Hat tip to Michelle Malkin
Many of our founding fathers put their lives in jeopardy for the Revolution and many died poor. They risked (and many lost) everything so that we can enjoy freedom and live with abundant wealth. I love those guys.
Our current president is on a relentless drive to take away individual liberties in the name of “social justice”. Our children will be saddled with debt, but he will be set for life.
The contrast couldn’t be more stark. The audacity couldn’t be more outrageous. Let’s just say I’m not Obama’s biggest fan.
Elephant Owners
July 27th, 2010
Elephant Owner’s Advertisement
New Home Sales Down
July 26th, 2010Propping up a market never works.
Sales of new homes jumped last month, but the overall pace was the second slowest on record.
and
May’s (new home sales) number was revised downward to 267,000, the slowest pace on records dating back to 1963. Sales for April and March were also revised downward.
