Saturday, October 22, 2011

Colorado’s Proposition 103

The school teacher’s Union is howling that Proposition 103 is “for the children, the K-12 education!”  But the essence of the Proposition is to raise the income tax from 4.65 to 5%, and the sales tax from 2.9% to 3.5%.

The proceeds go into the general fund, and there is no mechanism to segregate the funds and ear mark them for education!  The whole pitch is counter-factual! It’s merely the Democrats trying to raise taxes by hiding behind the children!

Raising taxes in a down economy will do economic damage. The Common Sense Roundtable estimates that 11,000 jobs will be destroyed outright, and 30,000 jobs that would have been created won’t be. This is a bad proposition! Shame on the Teacher’s Union and the rest of the Public Sector leeches feeding at the public trough!

Sunday, October 9, 2011

“Breach of the Peace” or First Amendment rights?

A Christian Minister was passing out pamphlets at an “Arabic Festival” in Dearborn Michigan. He was arrested for “Breach of the Peace”.  An ACT Chapter had an event scheduled at a Public Library. But local Muslim Groups threatened retaliation if the event went forward.  Timid Library officials canceled the event to “prevent potential violence”. 

The common thread: if you threaten violence, you can negate First Amendment rights, owing to the cowardice of local officials.

It seems to me if  a group is threatened with violence if it expresses its First Amendment free speech rights, the organs of government should protect these groups and crack down on those that threaten them, NOT suppress those who wish to exercise these rights in order to “keep the peace”.

As it stands now, our Constitution is NOT being defended by public officials who have taken oaths to uphold it. Instead, they are aiding our enemies in its destruction.

Friday, October 7, 2011

Fallujah 2004

Palestinian Lie by Pat Condell:

http://www.jihadwatch.org/2011/10/pat-condell-the-great-palestinian-lie.html

Debunking the Marxist “labor value theory”

Marxists say the only value in anything is the labor that goes into it.  This is incorrect: the only value is what someone is willing to pay. Let us draw a hypothetical scenario to prove it.

Let us say the “Obama business-government partnership” has decided to establish a turd polishing factory. A few big donors to the Presidential campaign get a massive government loan to establish the facility. It’s touted as a “green” industry, utilizing waste to raise our standard of living.

The Government insists the labor force be unionized, its leaders determined that the workers be paid “a living wage”! And so it’s done.

Each box polished turds, set forth in tidy boxes of 12, has allocated to it $50 of labor costs, plus profit and overhead. The price has been set at $75. But who will pay?

There would be a Presidential executive order requiring each government employee to consume at least a box a month, or possibly the SEIU would push its members to “buy Union “ to support production.  The DNC would buy thousands of boxes for consumption by the “Occupy Wall Street” rabble. Or a special halal version, consisting of polished camel turds would be provided to the Mosques.

Bottom line: just because some moron is paid to produce something, is that amount really what it’s worth?

Monday, October 3, 2011

Wall Street Protests

To the Editor:

The "Wall Street Protests" are a stark testimony to our country allowing the Marxists to take over the schools and Universities. The abiding conviction of the protestors is that the concentration of wealth and income distribution is "unjust". They have been taught this by their envious left wing professors and teachers ever since middle school! "After all", these Professors and reason, "I got better grades than these entrepreneurs! I have a PhD and they do not! I am smarter than they are! I SHOULD be as wealthy as they are!"

If you ask any protester what system he would institute, he would immediately say "a system based on Justice!" Justice is defined as equal outcomes, wealth redistribution. But they fail to understand that redistribution of wealth destroys wealth! The only set point for "equal" is everyone at the subsistence level, (except for the Politbureau leadership who'd live quietly and hypocritically in the large confiscated homes behind the large hedges. And in a "People's Republic", any investigative journalist trying to publicize this leadership hypocrisy would be shot for "anti-revolutionary activity".)

Marxist economic theory is a "zero sum game". They teach that if you make a six figure income, this necessitates three hundred people in the third world making $25 a month! This might be true in an agrarian society where the "wealth" is fixed farmland and the "income" is the limited crops.

But in a twenty-first century information economy, to stick with the agrarian metaphor, it is as if entrepreneurs can create and expand farmland! Entrepreneurs expand wealth for everyone, and everyone lives better. You only have to compare the "poor" in America, most of whom have flat screen TV's and housing, as opposed to other parts of the world where the poor are living in garbage dumps scavenging for food.

It's time our society took the time to counter the economic Marxist nonsense that's being presented as fact in our school systems, and hold the Marxist-Leninist professors and teachers accountable.

Warning: the Marxists are willing to ruin our economy if they can gain power. As Saul Alinksy once said: “It is better to rule in hell than to serve in heaven”

Saturday, October 1, 2011

Progressive Tax Demagoguery

DEBUNKING OBAMA'S TAX DEMAGOGUERY
By DICK MORRIS & EILEEN MCGANN
Published on DickMorris.com on October 1, 2011


When President Obama says that the rich don't pay their share of taxes, he is lying, distorting, and demagoging.
Here are the facts according to the IRS:
• Those making more than $1 million pay 24% of income in  taxes
• Those making $200,000 to $300,000 pay 17.5%
• Those making $100,000 to $125,000 pay 9.9%
• Those making $50,000 to $60,000 pay 6.3%
• Those making $20,000 to $30,000 pay 2.5%
And what of millionaires who pay no taxes?
There are 1,470 of them.  They represent six-tenths of one percent of all those with million dollar incomes in the U.S.  If we assume that they make an average income of $2 million a year each, taxing them at the same rate as other millionaires (24.4%) would yield $367 million, which would increase Treasury income tax revenues by 30 one-hundredths of one percent or one-third of one-tenth of one percent!
Overall, the IRS reports that the revenues from the income tax are sharply skewed toward taxes on the rich:
• The top 1% pays 39%
• The top 5% pays 60%
• The top 10% pays 72%
• The bottom half pays 3%
So who does Obama think he is kidding?

 


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