Thursday, March 26, 2009

Parasites on the Bear

Democratic Party's bear-baiting of big business.

Money Q:

The current version of the party has largely broken free of any understanding whatsoever of the private sector -- how it works or what it needs to function.

True socialists at least think about markets so they can criticize them. The Democratic Party's leadership doesn't stir to even that level of engagement. In the House, Senate and some corners of the Obama White House, the party is acting as if the marketplace was the world of an alien tribe, which it has to control through intimidation or demands for protective tribute (read: campaign contributions).

11 Comments:

Anonymous Bob said...

Gil - Regulation of the financial sector is not socialism. Wall Street has already proved they can't be trusted with money and they need rules to control the default credit swaps and derivatives.
Like Obama said in his press conference, none of the critics are offering any solutions.

March 26, 2009 at 11:17 AM 
Anonymous jacob said...

Its not socialism. Its worse.

March 26, 2009 at 4:46 PM 
Anonymous Bob said...

Gil - It looks like the GOP has a "plan" after all.

The house GOP leaders called a press conference to announce their budget plan: More tax cuts for the rich.
The top rate would go from 35% to 25% for people making over $100,000. For people making less, 10%.

The "plan" contained no deficit projections or budget numbers of any kind. Looks like all smoke. Not enough money to afford mirror.

March 26, 2009 at 5:01 PM 
Anonymous jacob said...

I'd love to get only 10% tax rate. Sounds like a plan to me.

March 26, 2009 at 10:54 PM 
Blogger steve mcdonald said...

bob why do you care to punish the rich? its nothing more than a PR move, and economically, the risks outweigh the benefits of increased flow under the economic cycle.


Must I return my infamous "Skeptical Optomist" Link to close the case?

March 27, 2009 at 8:15 AM 
Anonymous Bob said...

Jacob - 10% tax rate and you have to build bridges and pave the roads you drive on yourself. No military. No FDA or food safety. No FBI, courts or law enforcement. No disaster relief or National guard for emergencies.
The debt will triple and you can work in a chinese sweatshop right here in delaware county as we become a third world nation.

March 27, 2009 at 12:20 PM 
Blogger Pro Christ Pro Gun said...

Lower taxes means more tax revenue, and the Bush Adminstration tried to increase regulation, but was thwarted by the very people who now want to regulate it. How many people in the Obama Administration made zillions of dollars in the Wall Street mess?

Dan Hannon (MEP)from the UK said it best and it goes something like this:

You can't spend your way out of a recession and you can't borrow your way out of debt . . . Mr. Prime Minister, you have run out of other peoples money . . .

C. Scott Shields, Esquire

March 27, 2009 at 1:51 PM 
Anonymous jacob said...

I just got this in my email. It's a protest of the dems stimulus (spend-ulus) robbing us.
Gil could you do a posting on this so its not buried in the comments?

http://www.meetup.com/Philly-Tea-Party-April-18th-12-2/

When: April 18th, 2009 12pm - 2pm

Where: Philadelphia, PA - Independence Hall
Meet at Chestnut and 5th Street at noon;
Rally to be held on Chestnut between 5th and 6th streets, right across the street from Independence Hall.

Why: To fight wasteful spending so that future generations will not be burdened with immense debt and to fight the unprecedented and unconstitutional encroachment of government on our God-given freedoms.

Sponsor: Freedom Works
Link: http://www.freedomworks.org or
http://www.Iamwithrick.com

March 27, 2009 at 3:51 PM 
Anonymous Bob said...

Carter - Lower taxes mean more revenue? Are you really that dull when in comes to math?
So if the tax rate was 1% we'd surpluses galore?

You've got to put the Bible down once and a while. It DOESN'T work like Jesus and the bread and fishes.

For the record, the number of people in the Obama administration that made a "zillion" dollars was exactly ZERO. Zillion is not a real number.

March 28, 2009 at 7:55 PM 
Blogger Pro Christ Pro Gun said...

Baaahb:

Lower taxes does produce more economic growth, which translates into more tax revenue. Zillions of dollars was a joke, but the $18 million or so that Rahm Emanuel made after he left the Clinton Administration from Wasserstein Perella is no joke. There are many other examples too. It is also not a joke that Wall Street has given more money to dems than republicans, another inconvenient truth to nitwits like you.

Obama, along with help from republicans, are going to keep printing money and spending us into the ground. How long before the next world war which will be the one triggered by the need to accumulate natural resources? The only way for our country to survive this is to stop this nonsense of reliance on wind and solar and to start drilling our own oil and coal.

C. Scott Shields, Esquire
www.cscottshields.com

March 30, 2009 at 6:19 AM 
Anonymous Bob said...

Caaarter - Wall St. gives to the party in power or who they think will take power.
From 1995 to 2005, the Republicans got more than 50% of Wall St. donations. The Dems started doing a little better after got took over Congress 2006 and Bush's popularity dropped.
So, it's "not a joke that Wall Street has given more money to dems than republicans" . It's another one of your LIES!!

I've got a question for you Carter.
If the Bible says the earth is only 6000 years old, where did all the oil come from? And why do you believe the geologists that claim there is all that oil when the working oil geologists ALL agree that the earth is billions of years old?
If God put the oil there for everybody, why did he give so much to the muslims?

March 31, 2009 at 11:18 AM 

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