Wednesday, July 30, 2008

Obamanomics Is a Recipe for Recession = Lack of Plans

Need I say more about about higher taxes????
A recent editorial in the Washington Street Journal noted the following:

History teaches us that high taxes and protectionism are not conducive to a thriving economy, the extreme case being the higher taxes and tariffs that deepened the Great Depression. While such a policy mix would be a real change, as philosophers remind us, change is not always progress.
-Obamanomics Is a Recipe for Recession By MICHAEL J. BOSKIN
July 29, 2008; Page A17, Wall Street Journal



On another note, Obama fever, has failed to really provide any solid plans on what he is going to do - no real plans, again adding to the lack with his candidancy. A recent article from the Associated Press noted that Obama's social security plan is missing details.

Barack Obama's bid to place a new Social Security tax on very high incomes is either a bold or foolhardy plan, depending on who critiques it. But its potential impact is almost impossible to gauge because he is providing few details on basic questions such as what the tax rate might be, what types of income would be taxed and how the taxpayers' benefits would be affected.
- Details missing from Obama's Social Security plan By CHARLES BABINGTON, Associated Press Writer
Mon Jul 28, 4:05 PM ET

So, who is this guy? Why would anyone vote for someone we know little about let alone his policies?

I am NOT a fan of John McCain as he does not really represent true conservatism. However, given the choice we have, I would rather spitefully cast my ballot for him than for someone who would lead us to socialism and higher taxes.

Tuesday, July 29, 2008

Higher Taxes - Not a good idea

A recent article posted on the left leaning MSNBC noted higher taxation is probably not a good idea. It concludes by stating "Veteran tax lobbyist Ken Kies, the former chief of staff of the Joint Congressional Committee on Taxation, said, “If in January or February we’re in a serious recession, and a world-wide recession, most people will think that is not a good time to increase taxes on individuals,” as Obama wants to do for upper-income people."

http://www.msnbc.msn.com/id/25839495/page/2/

Need I say more - absolutely NOT.

Saturday, July 26, 2008

Three Little Pigs and the Left Wing Connection

I was reading my daughter the "Three Little Pigs" book a couple of days ago and suddenly realized that there was something hypocritical and oddly wrong about this children's tale.

We all know the story, the first two little pigs built their houses with straw and sticks. They were both warned by their brother about the big bad wolf would blow their houses down but to no avail, they chose to "play."

In the end the big bad wolf did blow the house of straw and the house of sticks down and were eventually saved by seeking refuge in their brother's house, which was built with bricks. Ironically, these were the same brothers who did not want to build strong houses.

Now, the part that I find politically connected to the left leaning policies of the Democracts is one of the underlying messages is that one does not need to work hard at all because someone will always come to the rescue... someone will always save them from their ignorance. While, it is great to help people in need, it is not ok to leave personal accountability by the side because of one's refusal to work hard. The moral of this tale is that in this great American society that the much of the policies of the "left" is similar to the message of don't worry about working hard or taking responsibility, the government will pick up the bill for your troubles - someone else will fork out the bill for you. This is type of social welfare policy ultimately kills creativity, hard work, and personal accountability. This is the type policy that the "left" and their "messiah" candidate for the Office of the U.S. President will pursue and can ultimately bankrupt the dreams, the hard work, and the stability of this nation.