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Showing posts with label socialism. Show all posts
Showing posts with label socialism. Show all posts

Thursday, March 26, 2009

Sound familiar?


Someone needs to smack 0bama upside the head and deliver the same message to him.

Tuesday, March 17, 2009

The bonus tug-of-war

I'm somewhat torn on this issue. I don't think the government has any place meddling in business. I am generally of the school of thought that if a company needs government assistance, something has gone awry. I am fully aware that these bonuses are being paid because the company is bound by contract, but I also understand how the public and the D.C. warriors are up in arms about the whole issue. After all, without the government offering assistance these employees wouldn't have been getting bonuses from a company gone bankrupt.
This is where things get a tad scary. Congress is now introducing bills that would tax any bonus amount above $100,000 at a rate of 100% if the company has received federal bailout money.
Senator Chris Dodd said "One way or another, we're going to try to figure out how to get these resources back," Senator Tim Ryan added that they would use "Any means necessary".
With the amount of greed that got these companies in this situation, the government should have known that something like this was going to happen, but again we see a lack of accountability and enforcement on what companies could and couldn't do with bailout funds.
Some companies are even using boosting base compensation levels to get around the 100% marginal tax rate on bonuses.
I'm afraid of what this means for the future of American businesses and how much control Washington really has.

Monday, February 23, 2009

Ezra Taft Benson

Now that I have a concentrated outlet to fume, I may not stop. This inspired man talked about the dangers of socialism and communism a couple of decades ago, and warned that it would not be long before we as Americans lived under their bondage. Are we not seeing this happening right this moment? Check out the video by clicking here.

If you can listen to this and still ask yourself what is wrong with socialism, I would submit that you don't have it in you to work to improve your own life, to think for yourself or defend yourself when times are hard. And if your safety net is the federal government, you might want to ask yourself when a politician actually did something that wasn't primarily in his or her own best interest, and instead truly and sincerely did their job to protect you.

A couple of highlights from the sound clip:

1) Collectivized socialism is a counterfeit system of what God's plan is.
2) Communism in practice, is socialism.
3) Its purpose is world socialism, which is achieved through revolution by the communists, and through evolution by the socialists.
4) Both philosophies lead to the same thing: a loss of personal liberty.
5) Socialism cannot work unless it is within an all-powerful State. (SCARY!!!) That State has to be superior in everything.
6) Congress, back then was establishing a redistribution of wealth through the tax system. That, by definition, is socialism.
7) Welfare is no longer a charity. It is a right. We think we are entitled to the government's aid.
8) If we continue to follow the trend we are heading today (in 1977), two things will inevitably result: 1) a loss of our personal freedom, and 2) financial bankruptcy. (YIPPEE!!!)