Friday, October 31, 2008

Why Obama should not be President


  • Out of his four years in the US Senate, two years were spent campaigning. He's politically naive at the National level. He's the most inexperienced US Senator to run for Presidency in United States History.
  • He told reporters that the US should go to the UN Security Council regarding Russia's invasion of Georgia only to find out that Russia has VETO POWER in the UN Security Council.
  • He has no Executive experience to speak of and has never, not once, been the author of any policy, be it Illinois State Senate or US Senate.
  • His political career was launched from the living room of William Ayers, a Domestic Terrorist.
  • The impropriety of his relationship with Tony Rezko and the sweet housing deal Rezko setup for Obama and his wife to purchase a home they couldn't afford.
  • His Tax Policy is Marxist. He will raise taxes on the "Rich" to cut taxes for the Middle Class. He will raise taxes on Corporations which already pay higher taxes than Europe. His Tax Policy will cause Economic Stagflation and devastate the Lower and Middle Class.
  • He and his Running Mate Joe Biden both voted for the $700 Billion Bail-out of Wall Street rather than allow moral hazards to return to an unscrupulous banking and investment system.
  • He's proposed; massive cuts in military spending, cutting off future weapons development, cutting off funding for anti-ICBM technology, cutting our nuclear arsenal.
  • He adamantly refuses to recognize the successes we've had in Iraq, including the surge strategy.
  • He's ardently pro-Abortion; failing to even vote to end partial birth Abortion.
  • He's endorsed by Teacher's Unions across the country and thus unable to carry out the necessary reforms needed to improve our education system.
  • He told Jews that there should not be a divided Jerusalem at one meeting. Then he turned around and told Palestinians there should be a two state solution with East Jerusalem as its capital at another meeting. Similar to his inability to pick a side and thus voted present 130 times in the Illinois State Senate. Similar to his inability to pick a team and thus supported both teams in the World Series. Similar to his inability to advocate a position while President of Harvard Law Review and thus wrote possibly one article during his one year term.
  • He promised to run on Public Financing only to renege on his promise and raise over $600 million, with a preposterous advantage over John McCain's $85 million in Public Financing. He's buying the White House for crying out loud.

Simply summed up. OBAMA IS THE WORST CANDIDATE TO RUN FOR PRESIDENT IN OUR ENTIRE HISTORY!!!

Thursday, October 30, 2008

IF Obama were your CEO

  1. All salespeople will be pooling their sales commissions into a common pool that will be divided equally between all of you. This will serve to give those of you who are underachieving a "fair shake."
  2. All hourly employees will be pooling their wages, including overtime, into a common pool, dividing it equally amongst you. This will help those who are "too busy for overtime" to reap the rewards from those who have more spare time and can work extra hours.
  3. All top management will now be referred to as "the government." We will not participate in this "pooling" experience because the law doesn't apply to us.
  4. The "government" will give eloquent speeches to all employees every week, encouraging its workers to continue to work hard "for the good of all.
  5. The employees will be thrilled with these new policies because it's "good to spread the wealth." Those of you who have underachieved will finally get an opportunity; those of you who have worked hard and had success will feel more "patriotic."

Tuesday, October 28, 2008

Obama is a damned Marxist

http://elections.foxnews.com/2008/10/28/obama-affinity-marxists-dates-college-days/

How much proof does a thinking person need to change their opinion about Obama's Economic Policies? He first told "Joe the Plumber" he wanted to spread the wealth around; then he reaffirmed his comment in an ABC interview; then it comes to light in a 2001 radio interview in Chicago he stated the Courts weren't radical enough in redistribution and one can infer from his comments that the Court system lacks the ability to redistribute but doesn't discount the thought that the Legislature should/could in the Court's absence; in his 1995 memoir he stated that he chose carefully whom his friends were including Marxist Professors.

He's a damned Marxist. His Economic Policies will destroy this country. There is no Economic Principle in existence that would back the notion that wealth can be created from the bottom up. His Policies will have disastrous consequences on the Lower and Middle Classes. Jobs will lost, and income stagnation will set in as companies attempt to regain lost profits. America cannot afford an Income Tax increase from 33% to 39% on the Upper Income Bracket, nor can it afford a Corporation Tax increase from 35% to 49%. His Keynesian/Marxist Philosophy with Democrat Majority in the House and Senate will wreak havoc on the U.S. unlike since FDR's New Deal.

Tuesday, October 21, 2008

Liberals more blunt about taxing the Rich

http://www.youtube.com/watch?v=u1Mazjm_A5k

The title says it all. Watch as Barney Frank candidly tells the Interviewer there are plenty of Rich people out there to tax.

Sunday, October 19, 2008

When Liberals attack

Poor Joe the Plumber. He made the mistake of asking Obama an honest question regarding Obama's tax policy. Unfortunately for Joe, when you point out something wrong with Liberal philosophy, as I pointed out in an earlier post, Liberals attack you personally instead.

Witness the attacks on Joe the Plumber for instance. It's now national news that Joe the Plumber owes back taxes, he doesn't have a plumbing license, and the business he's interested in buying doesn't earn more than $250,000.

Ask yourself, is any of that relevant to his question regarding Obama raising taxes on Income Earners of more than $250,000? No. When Liberals attack, you know you're on to something.

We should be asking ourselves, how many employees of Corporations that earn more than $250,000 will be affected by Obama's Tax Policy. How much good does a tax cut for 95% of the Middle Class do when they're unemployed or they don't receive a raise for years on end? Obama's Tax Policy lacks the foresight as to what effects it will have on the Middle Class, despite his best effort to limit their tax burden. There will be repercussions to his actions.

Thursday, October 16, 2008

Nuclear Power

This chart is from the Nuclear Energy Institute and shows the Production Costs for Coal; Natural Gas; Nuclear; and Petroleum. The capital outlay of a nuclear power plant is 4x that of natural gas; 2x that of coal; but the cost is recouped and nuclear fuels can be reprocessed. For those who are carbon emission cautious, there are no carbons emitted from nuclear power plants unlike natural gas or petroleum. More information can be read at: http://www.nei.org/resourcesandstats/

Joe the Plumber

http://abcnews.go.com/video/playerIndex?id=6047458

Joe the Plumber understands that Obama's Tax Plan is Marxist. Check out what he had to say in response to being mentioned 20-something times during the Presidential Debate on Oct. 15, 2008 and what he actually thinks about Obama's Tax Plan.

Wednesday, October 15, 2008

Obama's Destructive Tax Plan

http://www.politico.com/news/stories/0708/11670.html

"The conservative argument (and that of the John McCain campaign) is that Obama’s stated plan to raise taxes on households making $250,000 or more in income is a tax increase on small business. The simple answer to this dilemma can be found in the IRS Statistics of Income Bulletin (Table 1.4, for those who are interested).

In 2006 (the latest year available), $706 billion of such income was reported to the Internal Revenue Service. Of this, about half was reported by households in the top marginal income tax rate. Interestingly, two-thirds of this income was reported by households making $250,000 per year or more — the very same households that Obama wants to increase taxes on.

What type of tax rate are we talking about? Currently, S corporations face a top tax rate of 35 percent, while sole proprietors and general partners face a tax rate of 37.9 percent (since they’re responsible for paying both income tax and the Medicare component of the payroll tax).

Under Obama’s plan to let the scheduled 2011 tax rate hikes occur, and his plan to raise the self-employment tax on those making more than $250,000, the S corporation rate would rise from 35 percent to 39.6 percent. The sole proprietor and partner rate would rise from 37.9 percent all the way up to a staggering 50.3 percent. Many Democrats in Congress have proposed making all small businesses (including S corporations) pay this 50-plus percent rate. A small business tax rate that high would be the highest marginal rate faced by them in nearly a quarter-century.

What’s the alternative? One place to look is the optional alternate tax system originally proposed by Congressman Paul Ryan (R-Wis.) and now endorsed by McCain. It would give households (including those with small business income) a choice between the current tax code and one with a top rate of 25 percent on all income over $100,000. This would have the beneficial effect of lowering the tax rate on most small-business income by 10 percentage points.

The McCain small business tax plan doesn’t end there. For those businesses that are organized as conventional corporations, the top tax rate would fall from 35 percent to 25 percent, the European average. For all businesses, technology and equipment — which now must be slowly “depreciated” over many years — would be immediately expensed in year one."

Friday, October 3, 2008

My email to George Bush

This bailout of Wall Street is outrageous. This is a betrayal of the American People. Keynesian Economics didn't work for FDR, and they won't work for this mess. The only way to fix Wall Street is to allow moral hazards to exist to prevent unscrupulous lending practices. Cutting the Capital Gains Tax to ZERO percent would have stimulated investment in banks and other businesses, providing the capital necessary to leverage borrowing and free up lending to other institutions. If President Bush really believed in Free Enterprise, he would NOT have sought a solution that required Federal Government interference in a Free Market. This is Marxism when the Federal Government buys portions of Private Enterprises. This law is BULLSHIT!

Thursday, October 2, 2008

Marx's No. 10 on Communism

"Free education for all children in public schools"

Marx wrote free education for all children was necessary under his notions of a supreme society. It allowed for a platform to indoctrinate the children of the proletariat (working class) to accept this transition from a Capitalist society to a Communist society. Simply summed up, to go from celebrating the individual to celebrating the people.

Today it's not uncommon to hear politicians make statements that, "It takes a village to raise a child" or "We need free pre-schooling" or watch a massive new Federal program be created like "No Child Left Behind." Nowhere in the Constitution is the Federal Government given the right to involve itself in education. In fact, the few powers the Federal Government has are expressly stated, the other rights are left to the States. In a Republic, which is what we had before the 17th Amendment took away State Representation in Congress, this would never have occurred. One State would not be paying for another State's education, nor would all States be mandated by Congress to teach according to directions given by the Federal Department of Education. These programs are intrusions of the Federal Government into State's Rights.

It's obvious which Political Party is favored by public school teachers. Democrats. Most teacher unions have or will endorse Obama. Two articles below deal with Teacher Unions passing out Obama buttons or directing teachers to wear clothing endorsing the Candidate. NY Post article Washington Times article

In the NY Post article, "While department officials said the courts are on their side in the matter, many city teachers say their right to wear partisan buttons is a matter of free speech." But does this "matter of free speech" apply to students who wear anti-Obama attire or who wear pro-McCain attire? Not 11 year old Daxx Dalton of Aurora, Colorado (MyFoxColorado article).

Liberal indoctrination of children has been going on since the 1960's. Liberal radical Professors permeate colleges; Ward Churchill who called the victims of 9/11 little Eichmanns; Andrew Hallam who directed students to write an essay critical of Sarah Palin; Maulana Karenga who invented Kwanzaa which is based on an African Humanist Philosophy; U of M in Amherst which offered college credits to students who canvassed for Obama; Stanley Aronowitz who founded Duke University's "Social Text" which published an article by Professor Sokal of NYU later known as the Sokal Affair; Center for the Study of Popular Culture commissioned a poll that found over 80% of faculty at Ivy League Universities voted for Gore in 2000 and 9% for Bush.

Why does any of it matter? If you read my previous blog entry titled Democrats and Liberals can't discriminate you would know that arguing with Leftists always resorts to them using pejoratives to dismiss your arguments. If children and college students are being indoctrinated with a Leftist ideology that promotes the good of the community and chastises the individual, Marx is winning. As a country founded on the principle of the God given Rights of the Individual, we're watching our values slowly erode by an unchallengeable ideology.

Wednesday, October 1, 2008

74 Traitors

These 74 Men and Women betrayed the people of the United States:

Akaka (D-HI), Yea
Alexander (R-TN), Yea
Baucus (D-MT), Yea
Bayh (D-IN), Yea
Bennett (R-UT), Yea
Biden (D-DE), Yea
Bingaman (D-NM), Yea
Bond (R-MO), Yea
Boxer (D-CA), Yea
Brown (D-OH), Yea
Burr (R-NC), Yea
Byrd (D-WV), Yea
Cardin (D-MD), Yea
Carper (D-DE), Yea
Casey (D-PA), Yea
Chambliss (R-GA), Yea
Clinton (D-NY), Yea
Coburn (R-OK), Yea
Coleman (R-MN), Yea
Collins (R-ME), Yea
Conrad (D-ND), Yea
Corker (R-TN), Yea
Cornyn (R-TX), Yea
Craig (R-ID), Yea
Dodd (D-CT), Yea
Domenici (R-NM), Yea
Durbin (D-IL), Yea
Ensign (R-NV), Yea
Feinstein (D-CA), Yea
Graham (R-SC), Yea
Grassley (R-IA), Yea
Gregg (R-NH), Yea
Hagel (R-NE), Yea
Harkin (D-IA), Yea
Hatch (R-UT), Yea
Hutchison (R-TX), Yea
Inouye (D-HI), Yea
Isakson (R-GA), Yea
Kerry (D-MA), Yea
Klobuchar (D-MN), Yea
Kohl (D-WI), Yea
Kyl (R-AZ), Yea
Lautenberg (D-NJ), Yea
Leahy (D-VT), Yea
Levin (D-MI), Yea
Lieberman (ID-CT), Yea
Lincoln (D-AR), Yea
Lugar (R-IN), Yea
Martinez (R-FL), Yea
McCain (R-AZ), Yea
McCaskill (D-MO), Yea
McConnell (R-KY), Yea
Menendez (D-NJ), Yea
Mikulski (D-MD), Yea
Murkowski (R-AK), Yea
Murray (D-WA), Yea
Nelson (D-NE), Yea
Obama (D-IL), Yea
Pryor (D-AR), Yea
Reed (D-RI), Yea
Reid (D-NV), Yea
Rockefeller (D-WV), Yea
Salazar (D-CO), Yea
Schumer (D-NY), Yea
Smith (R-OR), Yea
Snowe (R-ME), Yea
Specter (R-PA), Yea
Stevens (R-AK), Yea
Sununu (R-NH), Yea
Thune (R-SD), Yea
Voinovich (R-OH), Yea
Warner (R-VA), Yea
Webb (D-VA), Yea
Whitehouse (D-RI), Yea

George Soros' idea

http://thehill.com/leading-the-news/soros-floats-alternative-bailout-plan-with-dems-2008-09-30.html

George Soros stated, “Instead of purchasing troubled assets, the bulk of the funds ought to be used to recapitalize the banking system.... The recapitalized banks would be allowed to increase their leverage, so they would resume lending.”

I agree with George Soros' basic notion that financial institutions need capital. I believe that's the basic premise Treasury Secretary Paulson is operating under as well. But I think an even better method, one that doesn't use Taxpayers and DOES NOT involve the Govt., is to stimulate investment. Congress should act immediately and place a two-year moratorium on Capital Gains Taxes in order to stimulate investment. If stocks went up for financial corporations, they in essence would be recapitalized to the point they could leverage borrowing or resume lending. An additional benefit would be that people could make money in the process, including the Federal Govt. when it collects Income Taxes in April.

The eventual plan has to be free of government interference, which would only exacerbate the financial situation much like FDR's Keynesian Economics worsened the Great Depression and dragged out recovery. The plan should instead focus on a means of using free-market principles to drive the economic recovery like cutting the Capital Gains Tax and not a Marxist bailout like the $700 Billion George Bush bullshit giveaway. Sound Economics should be returned to the system and crap laws like the Community Reinvestment Act of 1977 and the Gramm-Leach-Bliley Act of 1999 should be abrogated. There is no reason financial institutions should be forced to lend to borrowers who don't have sound finances. There is no reason investment banks should be allowed to repackage subprime loans as securities which became possible because of Gramm-Leach-Bliley.