Posts Tagged ‘Economics’

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Mothers Against Debt (MAD)

May 17, 2010

A Message from Mothers Against Debt (MAD): From Transparency Czarina Amy Oliver,

This what we have done to our children with our reckless spending and massive national debt. Sadly this video is already out of date. Since this video was made, our national debt has climbed another $1700.

Please share this wonderful, but frightening video with as many people as you know. It’s about time we start talking about the massive amount of crippling debt we are enslaving our children and grandchildren with.

Don’t Be Like California (Or Greece): Writing about the fairly frightening similarities between Greece and California over at Reason Online, Tim Cavanaugh asks, “What do Europe’s most bankrupt nation-state and America’s most bankrupt united state have in common, aside from being bankrupt?”

Good question. Cavanaugh continues:

…it turns out that Greece, that sun-drenched paradise on the Aegean, and California, that sun-warmed El Dorado on the Pacific, are the worst places to do business in their respective economic zones.”

So how did California come to resemble a fiscally-wrecked European social-welfare state that needs a massive bailout? Independence Institute Senior Fellow Barry Poulson gave a heads up last year in the Denver Post

:

The Golden State’s GANN Amendment, a precursor of TABOR, limited the growth of state revenue and spending to the sum of inflation and population growth. In the late 1980s, the California legislature abandoned the GANN Amendment. As a result, state spending in California increased more rapidly than personal income and taxes were increased to one of the highest levels in the country. Business investment and jobs left the state for other states with better tax climates.

The moral of the story is of course, don’t be like California.

RSVP’s Welcome for the 8th Annual ATF Party! Registration for the most politically incorrect event of the year is now open – this year’s Alcohol, Tobacco, and Firearms party! The event is set for Saturday, July 17th at the swank Kiowa Creek Sporting Club. This year’s guest speaker is the brilliant and always straight shooting editor-in-chief at Reason Magazine, Nick Gillespie. Come on out and drink, smoke, and shoot with us… while it’s still legal! RSVP here online or call us at 303.279.6536.

What Fresh Obama Care Hell Is This? So here’s a nasty little surprise from deep in the bowels of Obama Care:

Section 9006 of the health care bill — just a few lines buried in the 2,409-page document — mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or corporation from which they buy more than $600 in goods or services in a tax year. The stealth change radically alters the nature of 1099s and means businesses will have to issue millions of new tax documents each year.

It’s things like this that help explain Nancy Pelosi’s motivation when she said, “But we have to pass the bill so you can find out what is in it, away from the fog of the controversy.” Look for more unbelievably bad tidbits to emerge now that the “fog of controversy” has been lifted from the Obama Care bill.

Free People, Free Markets – the Tuesday Night edition: Many of you asked for a Principles of Liberty course to take place on a weeknight, instead of on Saturdays. You also asked that we hold the class somewhere in the south metro area, instead of here at the Independence Institute offices in Golden. Well, you’re in luck! The Spring Free People, Free Markets classes will be held on 5 consecutive Tuesdays at 6:30pm, starting May 18th, down in the Denver Tech Center. Classes will be at the Colorado Contractors Association building at the intersection of I-25 and Arapahoe Road (map). For more information, click here for the official class flyer.

Again, that’s five consecutive Tuesdays, May 18th to June 15th from 6:30 to 9:30 in the Denver Tech Center. Call us at 303.279.6536 to RSVP!

Must See TV: A higher education marks an important chapter in one’s life, but what happens when this chapter is being distorted by a demonstrable lack of intellectual diversity and debate? Author Robert Maranto joins me to discuss a number of the problems, the scope, and reforms for higher education that are in his new book The Politically Correct University. Jessica Peck-Cory of Independence Institute steps up to discuss some of the issues surrounding the civic direction of CU at Boulder. Don’t miss this important discussion on the issues of higher ed this Friday night at 8:30PM on KBDI Channel 12; repeated the following Tuesday evening at 5PM.

Must hear podcast: Is there anything that reasonably can be done to change the overwhelming Left-leaning bias of faculties at American colleges? Lead editor of the new insightful volume The Politically Correct University, University of Arkansas Department of Education Reform professor Bob Maranto discusses the problem and possible solutions with Education Policy Center analyst Ben DeGrow.

Perspective: In this week’s op-ed, health care policy analyst Brian Schwartz questions your “compassionate” politics. Brian wonders when it became compassionate to take other people’s money away and give it to charity, rather than your own. Forced charity is not really charity.

Until next week…

Straight on

Jon Caldara

www.independenceinstitute.org

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Posted in Economics, Editorial, Opinion, Education, Gun Control, Law, Local Politics Colorado, News, Politics, Wordpress Political Blogs | 2 Comments »

Defense Secretary Robert Gates: drinking the obama kool aid

May 15, 2010

It has always been the Left’s dream to disarm the United States and redistribute to their various constituency groups the money thus “saved.” That dream is apparently coming true. Defense Secretary Robert Gates, who is responsible for ensuring that the U.S. military can protect the nation from all potential enemies, recently told the Navy League that we “don’t necessarily need a billion-dollar guided missile destroyer to chase down and deal with a bunch of teenage pirates wielding AK-47s and RPGs.” Which would be true, if rowdy teenagers were the only naval threat. But sadly, it appears that Gates, at one time a highly respected intelligence and defense official, has drunk the Obama Kool-Aid. Unbelievably, Gates also said, “At the end of the day, we have to ask whether this nation can really afford a Navy that relies on $3 billion to $6 billion destroyers, $7 billion submarines and $11 billion carriers.” Since when has the Obama regime, which tosses around trillions of dollars like Monopoly money, cared how much something costs?

Following on the heels of the canceled F-22 Raptor program, a stripped-down missile defense program, and cancellation of nuclear arsenal modernization, this is another clear signal that Obama intends to gut constitutionally mandated defense spending in order to fund his vision of an unconstitutional and socially “just” utopia. The Chinese dragon must be licking its chops.

SOURCE

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Posted in Economics, Editorial, Opinion, Education, Military Science, News, Politics, War, Warfare, Wordpress Political Blogs | 1 Comment »

Obamacare is only a few weeks old…

May 14, 2010

Obamacare is only a few weeks old, but the evidence against it is mounting with every passing day. A small portion of that evidence is described in the open letter to Congress provided below.

Please send Congress another letter demanding that they repeal the recently passed healthcare bill.

You can copy or borrow from this sample letter:

Please take immediate action to repeal the recently passed healthcare bill. To understand just a few of the reasons why repeal is needed please read this column by Cato Institute scholar Michael Tanner: http://www.ocregister.com/opinion/health-246711-care-insurance.html

Here’s a partial summary . . .

A study by the RAND Corporation has now confirmed the warning Congress was given by the CBO (Congressional Budget Office) prior to passing the healthcare bill. Obamacare will do NOTHING to curb increases in insurance premiums. For example, RAND predicts that premiums will rise by 17% for young people.

A recent CBO report also predicts that up to 10 million workers will lose their current insurance under Obamacare, and will either have to buy new insurance through the government-run exchanges, or be forced into Medicaid.

Remember, President Obama and Congressional leaders promised us that none of us would lose our current coverage.

In addition, President Obama has criticized U.S. citizens for spending more on healthcare than any other people in the world, while also promising that Obamacare would reduce U.S. healthcare spending. But the federal government’s chief actuary, Richard Foster, is predicting that total healthcare spending will actually increase by $311 billion over the next 10 years.

Mr. Foster also doubts that the promised Medicare savings that Congress used to wrangle a good CBO spending score will really happen, but if they do happen then the likely result will be bankruptcy for up to 15% of U.S. hospitals!

Mr. Tanner’s column goes on to highlight CBO estimates about the tax increases and penalties Americans are projected to pay as a result of the healthcare bill.

But Mr. Tanner isn’t the only scholar digging into government reports to expose the true costs and dangers of the new healthcare law. The list of problems I’m sharing with you here could easily be longer, and is almost certain to grow more extensive as the months pass. How could it be otherwise . . .

Congress didn’t read the bill before passing it. This was completely irresponsible. But now that scholars are having time to do the reading that Congress should have done, the diagnosis is increasingly clear — the healthcare bill is a cancer, and REPEAL is the only remedy. Do it now.

END LETTER

You can send your letter to Congress using DownsizeDC.org’s Educate the Powerful System. https://secure.downsizedc.org/etp/campaigns/114

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Posted in Economics, Editorial, Opinion, Education, Law, News, Politics, Wordpress Political Blogs | Comments Off on Obamacare is only a few weeks old…

obama care in the crosshairs

May 13, 2010

The government of epic fail obama has tried to claim that the wholly un-Constitutional obamacare does not violate the Constitution.

Congress acted well within its power to regulate interstate commerce and to provide for the general welfare, Justice Department lawyers argued in a 46-page brief filed in federal district court in Detroit. For the courts to overturn President Barack Obama’s signature domestic legislation would amount to unwarranted interference with the policymaking authority of Congress, they added.

When will the coronation begin? So the vulcan eared phony can ram anything down the throats of the people of America? If this monstrosity was so Constitutional and good for America then why the bribes? Why did getting it passed require so many back room deals?

The case could go all the way to the Supreme Court, since more than a dozen state attorneys general have also filed suit against the legislation on broadly similar grounds. Cases are pending in federal courts in Virginia and Florida, raising the possibility that different appeals courts could issue conflicting rulings that the Supreme Court would have to resolve.

So, we the people, will once again have to bend our collective knees and adhere to the law like good little Boy Scouts? Anyone with as much as mush between their ears saw what can be expected during the Town Hall Meetings. We, the people, are fed up with overbearing government! before of all you leftist get your panties all wadded up bear in mind that the above statement applies to Republicans as well as democrat / socialist’s. Two, or more wrongs do not make a right people. Further, who does them makes not a single iota of difference.

“Under the government’s theory, they could force anyone to purchase vitamins, join a health club, or buy a General Motors vehicle, for that matter,” said Robert Muise, a lead attorney for the Thomas More Law Center, the conservative group that filed the Michigan lawsuit March 23, the same day Obama signed the law.

This country simply cannot wait for this to go to the Supreme Court. This needs to be stopped in it’s tracks. Add in the Court stacking that the current regime is doing, and this is the sort of thing that we can look forward to for quite some time.

SOURCE for the quotations above.

Additional information

And the cost?

Let’s not forget about the hidden gun control, that was stripped out, and then sneaked back in like a Lautenberg in the night.

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Posted in Economics, Editorial, Opinion, Education, Gun Control, Law, News, Politics, Wordpress Political Blogs | 1 Comment »

The Economy is on the rise: Epic Fail Obama, the lies continue

May 7, 2010

Supposedly the economy is on the rise. The government decided that it is, so it must be so. While a few jobs were added unemployment took yet another upswing…

The lack of basic economic principles inside the heads of epic fail obama’s administration is nothing less than astounding. At least to those of us that actually did pass Macro and Micro Economics. Then from across the pond, we have this.

John Williams: A Hyper-Inflationary Great Depression Is Coming
Source: Tim McLaughlin and Karen Roche of The Gold Report 4/30/10

http://www.theaureport.com/pub/na/6199

ShadowStats’ John Williams has done his math and believes his numbers tell the truth. He explains why the U.S. is in a depression and why a “Hyper-Inflationary Great Depression” is now unavoidable. John also shares why he selects gold as a metal for asset conversion in this exclusive interview with The Gold Report.

SOURCE

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Posted in Economics, Editorial, Opinion, Education, Law, News, Politics, Stupid is as Stupid Does, Wordpress Political Blogs | 1 Comment »

Firearms and Ammunition Industry Economic Impact

May 4, 2010
To: ALL MEDIA
For immediate release

April 29, 2010

 Media Only:

Ted Novin
 Office: 203-426-1320
Cell: 203-253-1860
tnovin@nssf.org

Firearms Industry Releases
Economic Impact Report

WASHINGTON, D.C. — At a Capitol Hill breakfast briefing today, the National Shooting Sports Foundation, the trade association for the firearms and ammunition industry, released a newly commissioned report detailing the significant economic impact the firearms and ammunition industry has on the nation’s and each state’s economy.

Key Points: Firearms and Ammunition Industry Economic Impact

2008 2009
Jobs 166,200 183,424
Wages $6,361,205,400 $8,210,881,000
Econ Impact $19,199,634,700 $27,846,304,300

“During difficult economic times and high unemployment rates nationally, our industry actually grew and created 16,800 new, well-paying jobs,” said NSSF President Steve Sanetti. “Our industry is proud to be one of the bright spots in this economy.”

Key Points: Taxes

2008 2009
Federal Taxes $1,503,740,471 $2,035,154,440
State Taxes $1,299,088,678 $1,909,417,793
Excise Taxes $327,070,867 $450,177,780

The economic growth America’s firearms and ammunition industry experienced last year was driven by an unprecedented number of Americans choosing to exercise their fundamental right to keep and bear arms and purchase a firearm and ammunition. This coincided with the continued decline in accidental firearm-related deaths (more than a 60 percent decrease in the last 20 years) and a continued drop in crime rates nationally.

Also cited in the economic impact report were the significant taxes paid by industry member companies to federal and state governments and the Pittman-Robertson excise tax the industry pays on the products it sells – this tax is the major source of wildlife conservation funding in America.

“In 2009 our industry increased its contribution to wildlife conservation by over 37.6 percent, which translates into sportsmen contributing more than $7.5 million dollars daily to conservation efforts,” said NSSF Senior Vice President and General Counsel Lawrence G. Keane.

“Ours is an industry with a storied past, steeped in tradition and a rich heritage,” continued Keane. “We were there at the beginning of America’s economic expansion and remain a vital and important American industry. We look forward to speaking with members of Congress today about important legislative and regulatory issues that will allow our industry members to continue to grow their businesses and create new jobs in their communities.”

-30-

About NSSF

The National Shooting Sports Foundation is the trade association for the firearms industry. Its mission is to promote, protect and preserve hunting and the shooting sports. Formed in 1961, NSSF has a membership of more than 5,500 manufacturers, distributors, firearms retailers, shooting ranges, sportsmen’s organizations and publishers. For more information, log on to www.nssf.org.

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Posted in Economics, Education, Gun Control, Hunting Fishing and the Great Outdoors, News, Politics, Wordpress Political Blogs | Comments Off on Firearms and Ammunition Industry Economic Impact

Epic fail obama: Wall Street…

May 4, 2010

“Strangely enough — for a bill that allegedly sticks it to Wall Street — during the Senate Banking Committee hearing [last] week, Goldman Sachs chairman Lloyd Blankfein endorsed the Dodd bill. Someone should have asked him who from Goldman wrote it. In 2008, Goldman employees gave a record-breaking $1,007,370 to the Obama campaign. This year, the ‘securities and investment’ industry has already given twice as much money to the Democrats as to the Republicans. ABC News reports that ‘the five biggest hedge fund donors all gave almost all their donations to Democrats.’ Among the biggest recipients of hedge fund money were Senators Harry Reid (Democrat), Chris Dodd (Democrat) and Charles Schumer (Democrat). Even with the evidence right in front of their eyes, people still believe that it’s the Republicans who are in Wall Street’s pocket. How out of touch with reality would a comedy writer have to be to write the following joke for Jay Leno [last] week: ‘The head of Goldman Sachs was going through security and was asked to empty his pockets — and five Republican senators fell out.’ Why didn’t Barack Obama or Chuck Schumer fall out? Why not Rahm Emanuel, who worked for Goldman? Or Greg Craig, who used to work for Obama but just took a job with Goldman? The fact that anyone laughed at that joke proves that Republicans have a serious PR problem.” –columnist Ann Coulter

“The [U.S.] Constitution is a limitation on the government, not on private individuals … it does not prescribe the conduct of private individuals, only the conduct of the government … it is not a charter for government power, but a charter of the citizen’s protection against the government.” –philosopher and novelist Ayn Rand (1905-1982)

SOURCE


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Posted in Czar Wars, Economics, Editorial, Opinion, Education, Law, News, Politics, Wordpress Political Blogs | 1 Comment »

Gangsta Government: Epic Fail obama

April 28, 2010

“The Obama Democrats portray the Dodd [financial ‘reform’] bill as a brave attempt to clamp tougher regulation on Wall Street. They know that polls show voters strongly reject just about all their programs to expand the size and scope of government, with the conspicuous exception of financial regulation. Republicans have been accurately attacking the Dodd bill for authorizing bailouts of big Wall Street firms and giving them unfair advantages over small competitors. They might want to add that it authorizes Gangster Government — the channeling of vast sums from the politically unprotected to the politically connected. That can boomerang even against the latter. Goldman Sachs employees gave nearly $1 million to the Obama campaign and $4.5 million to Democrats in 2008. That didn’t prevent Goldman from being shoved under the SEC bus. Gangster Government may look good to those currently in favor, but as some of Al Capone’s confederates found out, that status is not permanent, and there is always more room under the bus.” –political analyst Michael Barone

“If President Obama’s financial regulations are adopted, there will be fewer loans, credit will be more costly, and individuals will face more risk. Obama argues today that his reforms are necessary to prevent ‘a second Great Depression’ from occurring, but he does nothing to fix what the government did. Nothing is done to reform Fannie Mae and Freddie Mac, despite their problems with fraud and costing taxpayers $400 billion in bailouts. Nothing is done to change government regulations that force banks to make risky mortgages. The powers that would be given to the president and the Federal Reserve are unprecedented. The bill gives the government the power to regulate the capital, liquidity and permissible activities for a long list of firms, including securities firms, insurance companies, bank holding companies, hedge funds, finance companies as well as others. The government will be also able to limit the size of these companies. … In another of his proposals … Obama says that he wants to stop government bailouts of companies. And that should be the goal. Otherwise, firms have an incentive to take too many risks when they keep their profits but taxpayers pick up their losses. Who wouldn’t head straight to Las Vegas if you got to keep your winnings and the taxpayers picked up your losses? But Obama’s solution … is to still allow bailouts, but try to prevent them from becoming necessary by stopping financial institutions from taking what he considers to be risky behavior. … The government caused the current financial crisis by forcing banks to make bad mortgages. And the solution is less, not more, government control.” –economist John R. Lott Jr.

“Ironically, the United States is moving in the direction of the kind of economy that China has been forced to move away from. China once had complete government control of medical care, but eventually gave it up as the disaster that it was. The current leadership in Washington operates as if they can just set arbitrary goals, whether ‘affordable housing’ or ‘universal health care’ or anything else — and not concern themselves with the repercussions — since they have the power to simply force individuals, businesses, doctors or anyone else to knuckle under and follow their dictates. Friedrich Hayek called this mindset ‘the road to serfdom.’ But, even under serfdom and slavery, experience forced those with power to recognize the limits of their power. What this administration — and especially the President — does not have is experience. Barack Obama had no experience running even the most modest business, and personally paying the consequences of his mistakes, before becoming President of the United States. He can believe that his heady new power is the answer to all things.” –economist Thomas Sowell

SOURCE

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Tea Party things and more… More epic fail obama

April 22, 2010

“Rather than protesting the greatest expansion of government in U.S. history, Tea Party attendees should be thanking Big Government for all it’s done. At least, that’s what President Obama thinks. As the Associated Press reported Thursday, the president said he was ‘amused’ by the Tea Party faithful gathering in cities across America to protest soaring government spending, ballooning debt and the explosion in taxes that will be needed to pay for it all. ‘You would think they’d be saying thank you,’ he said. And why should they be thankful? As the president himself said on his weekly radio address a week ago, ‘one thing we have not done is raise income taxes on families making less than $250,000; that’s another promise we kept.’ In fact, that wasn’t his promise at all. Here’s what candidate Obama really said in September of 2008: ‘Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.’ Got that? ‘Not any of your taxes.’ The claim of no tax hikes on those below $250,000 as a result of the current administration’s policies is completely and utterly false. A report from the House Ways & Means Committee’s GOP members notes that, since January 2009, Congress and the president have enacted $670 billion in tax increases. That’s $2,100 for each person in America. At least 14 of those tax hikes, the report says, break Obama’s pledge not to raise taxes on those earning less than $250,000. Roughly $316 billion of the tax hikes — 14 increases in all — hit middle-class families, the report says.” —Investor’s Business Daily

“While President Obama assails the culture of greed and recklessness practiced by the men of Goldman Sachs, his administration is infested with them. The White House can no more disown Government Sachs than Da Boss-in-chief can disown Chicago politics.” –columnist Michelle Malkin

“President Obama is nothing if not a clever operator. He accepts $994,795 in campaign contributions from Goldman Sachs — then turns around when it’s convenient and uses them as a model for why we need to heavily regulate the financial sector.” –columnist Ben Shapiro

“The tea partiers … recognize, correctly, that the Obama Democrats are trying to permanently enlarge government and increase citizens’ dependence on it. And, invoking the language of the Founding Fathers, they believe that this will destroy the culture of independence which has enabled Americans over the past two centuries to make this the most productive and prosperous — and the most charitably generous — nation in the world.” –political analyst Michael Barone

“When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it — after the 16th Amendment is repealed. A VAT will be rationalized as necessary to restore fiscal equilibrium. But without ending the income tax, a VAT would be just a gargantuan instrument for further subjugating Americans to government.” –columnist George Will

“In years to come — assuming, for the purposes of argument, there are any years to come — scholars will look back at President Barack Obama’s Nuclear Security Summit and marvel. … He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago — and Iran wasn’t on the agenda.” –columnist Mark Steyn

“Speaking of those huddled masses yearning to breathe free, the Obama administration, led by Sec. Clinton, is pressuring Kenya to adopt abortion on demand. Kenya, like many African states, abhors the destruction of unborn life. Obama and Mrs. Clinton are unwilling to ‘interfere’ with Iran’s internal affairs, but they are most willing to muscle pro-life Kenya.” –columnist Ken Blackwell

“[L]iberals who like [Justice] Stevens’ rulings insist he understands the plight of the downtrodden, despite the fact that the nearly 90-year-old justice was born rich and has served on the court for almost 35 years, becoming more liberal as he has become more distant from life as lived by the little guys. Meanwhile, Clarence Thomas was born dirt poor and black in rural Georgia and spends his vacations exploring America in an RV. But those same liberals insist he doesn’t understand poverty and race the way Stevens does. How do they know? Because they don’t like his rulings.” –columnist Jonah Goldberg

SOURCE

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Posted in Economics, Editorial, Opinion, Education, Law, Non Compos Mentis, Politics, Wordpress Political Blogs | 3 Comments »

More on epic fail obamacare

March 19, 2010

It’s been a busy week to say the least. So this is a bit of playing catch up. The steamroller approach being taken by epic fail obama and his minions  shows the utter disdain that the Lairds have for we, the unwashed. Don’t be fooled! While obamacare is at the forefront it is far from the only thing that is going to be force fed to you, the people of America.

“‘We allow the insurance industry to run wild in this country,’ President Obama declared [last] Monday. ‘We can’t have a system that works better for the insurance companies than it does for the American people.’ Yet Obama’s plan to tame health insurers would boost their business, protect them from competition and guarantee their profits, all at the expense of consumers and taxpayers. It is therefore not surprising that the insurance companies, while they object to the president’s rhetoric and quibble over some of the details, are happy to be domesticated. … As he himself notes, ‘They’re going to have 30 million new customers,’ thanks to the government’s mandates and subsidies. To distract us from the favor he is doing for insurers, Obama claims to be getting tough with them by demanding that they take all comers and charge them all the same rates, without regard to health. While abolishing risk-based pricing contradicts a basic principle of the insurance business, the industry has to weigh the loss of that freedom against the gain of government-guaranteed revenue. Despite his talk about reining in ‘excessive’ premium hikes, Obama’s plan commits him to keeping insurers financially sound so they can provide the coverage he is promising. … In essence, then, Obama’s plan would use money forcibly extracted from taxpayers and policyholders to keep insurers healthy.” –columnist Jacob Sullum

SOURCE


“For Congress to guarantee a right to health care, or any other good or service, whether a person can afford it or not, it must diminish someone else’s rights, namely their rights to their earnings. The reason is that Congress has no resources of its very own. Moreover, there is no Santa Claus, Easter Bunny or Tooth Fairy giving them those resources. The fact that government has no resources of its very own forces one to recognize that in order for government to give one American citizen a dollar, it must first, through intimidation, threats and coercion, confiscate that dollar from some other American. If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn. To argue that people have a right that imposes obligations on another is an absurd concept. A better term for new-fangled rights to health care, decent housing and food is wishes. If we called them wishes, I would be in agreement with most other Americans for I, too, wish that everyone had adequate health care, decent housing and nutritious meals. However, if we called them human wishes, instead of human rights, there would be confusion and cognitive dissonance. The average American would cringe at the thought of government punishing one person because he refused to be pressed into making someone else’s wish come true. None of my argument is to argue against charity. Reaching into one’s own pockets to assist his fellow man in need is praiseworthy and laudable. Reaching into someone else’s pockets to do so is despicable and deserves condemnation.” –economist Walter E. Williams

same source

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Posted in Economics, Editorial, Opinion, Education, Gun Control, Law, News, Politics, Wordpress Political Blogs | Comments Off on More on epic fail obamacare

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