For socialism to succeed, capitalism must fail
For socialism to succeed, capitalism must fail, thus the new administration’s agenda
By Tom Randall
Date: February 3, 2009 Issue: To some of our liberal friends (we do still have some, to the amazement of some of our conservative friends…lighten up all of you) would balk at the suggestion that the administration is socialist, not merely left-of-center. Many would also cringe at the suggestion that the administration would continue the destruction of capitalism to reach its ends seems implausible. To that we would respond with a paraphrase of the old country and western line: “Who are you going to believe, President Obama or your lyin’ eyes?” Capitalism, with its ability to generate wealth, not simply re-distribute poverty, stands as a powerful repudiation of the failures of modern socialism. While capitalism exists, socialism cannot thrive. Therefore, socialists must destroy capitalism to succeed. The most expeditious way to defeat capitalism is to control what sustains it in a modern world: Abundant, affordable energy — the underpinning of the means of production. To see how this administration aims to defeat capitalism that was under siege even in the last administration, we need look no further than a few Obama appointments. Remember when looking at these appointments, D.C. is an insiders’ town. You have to know how to work within its complexities. You have to know the back channels. You have to develop a gut feel of when “yes” means “no” and “no” means “yes.” Who can do a thing and who cannot. To wit:
• Secretary of Energy Steven Chu: Dr. Chu is a learned enough man. He has run Lawrence Berkeley Laboratory. He is a scientist, though his swallowing of global warming theory after simply reading the IPCC report, raises doubts in this area. He is a Washington neophyte who will be running what many of its employees call the most dysfunctional department in D.C.
• Secretary of Interior Ken Salazar: Salazar is a three-term congressional back-bencher from Colorado who has barely had time to learn how to get around on the Metro, let alone drive his department.
• Environmental Protection Agency Administrator Lisa Jackson: She is the former New Jersey EPA head. Unfortunately, New Jersey is not the U.S. EPA — an agency still heavily salted with plants left over from the days Carol Browner ran the U.S. EPA and the Bush administration was too politically inept to root out. And, it is the return of Ms. Browner that makes these three seemingly innocuous appointments so significant.
• White House Energy Czar Carol M. Browner: Browner, former EPA administrator under Bill Clinton and prominent member of Socialist International, did everything she could to hobble the energy industry during her tenure with the agency. Many who came to the agency during her tenure remain in place. She is an experienced and skilled Washington operative. While the first three appointees share many of her views, it is Browner who knows better how to run the machinery of government and accomplish her purposes. It will be Browner, ensconced in the West Wing, who will quietly, deftly, behind the scenes, call the shots at Energy, Interior and EPA.
Obama Economic Plan 101 How to destroy Capitalism
The core of Obama’s economic plan is to tax people who are making money.
There is 4 ways Obama is going to tax people so you need to pay close attention here.
1. If you earn more than $97,000. He has said those who have assets of $250,000 but corrected that statement a week later but with Obama you never know because he says one thing and means it then retracts it if there is an outcry because it is just plain wrong and stupid.
2. Tax capital gains. Not just businesses but any citizen who has a capital gains.
3. Tax 401k retirement accounts.
4. Increase the payroll tax
These three items he has repeated time and again.
None of these 3 items help mainstreet USA but harm it. It drives jobs overseas and it prevents any business from reinvestments or engaging in expansion because they would get taxed in addition to the costs of the expansion. Thus they get hit twice. It will freeze some jobs and eliminate millions more.
Hey listen to Obama himself as he explains how he is going to bring down Capitalism and destroy America.
Fundamental flaw is that economics never have worked bottom up! Why? The poor often waist the money because the amounts given to the poor are not enough to meet their requirements to make them active spenders that would effect the economy. Secondly, there is no benefit to businesses to offer new incinatives because it does not guarantee new business but it does promise to tax that business out of existence.
Obama admits his tax plan hurts the economy but he would still like to tax America to death.
Just to make this clear. Under Obama 401ks will loose value because according to Obama they are part of the greedy Wall Street system. Obama does not care that 401k are tied to the stock market and 401ks are the primary block or group which has capital gains within wall Street.
Thus under Obama, people with 401k will have to pay taxes to save for retirement because they will have to pay the capital gains tax. Obama from his own mouth if you listen to him wants to raise the capital gains back to 28% from its current 15% then see if it needs another hike not to exceed 10% more.
In other words according to Obama, It only fair for those who do not work and never pay taxes to have a right to the money of people who do work in the interest of fairness a weath redistrobution plan to take money from people’d 401ks to give it to someone who does not pay taxes and may not have worked in their life. Obama is willing to tax retired people and those who are wanting to retire with an up to 38% capital gains tax in conjunction to the payroll tax increase of an additional 6% along with taxing people who make more than $97,000.
After all, Obama identified the cut off problem of $97,000 in taxes as a way to punish millionares. The problem is that it punishes those who make more than $97,000. Obama loves to make double talk. But even with his $200,000 to $250,000 cap which keep changing by the day which it is. He says that if people who make more than $97,000 has capital gains and owns property, they get taxed on their income because millionares use a provision in the tax code which is set at that amount.
In other words, If you own stock, or a 401k and own property, you get an income tax increase because Obama wants to punish you because you are successful to give you money to people who are poor.
That is not capitalism that is Communism! Wealth redistrobution is not a socialist stand but a communist one. Socialism is where Government owns most things and gives all the entitlements because there is no real priviate sector. Communism is the same but, redistrobutes wealth so that everyone gets the same bite at the apple so to speak. The problem is that its fundamentally flawed because there is always people who are the movers who make money and make new business. Then there is those who refuse to do that. Then you have the dregs who refuse to even work but expect a handout for nothing.
Obama wants to punish people for making money and achieving some kind of success.
Say No to Obama come elelction because an Obama president and a democratic controled congress will destroy capitalism once and for all in this country with their plans of taking money from one group of people to give it to another group of people. Its just a matter of where they line is drawn.
Obama made the case that the line is to be drawn at $97,000 for most people. Then the rest gets it at $200,000.
Say No to Obama because his economic plan is a disaster for America!
The vast majority of Americans even if they oppose Obama think that he has the best interests of America in mind like gentleman in the video above who does a brilliant analysis of the current economic crisis and how it could end in the same type of hyperinflation that wrecked Germany in 1920s and led to the rise of Hitler. My contention is that Obama and Company view the results of the 2008 election as a mandate to destroy capitalism and America as we know it. The way to accomplish this goal is to make bad economic decisions by design and throw the country into poverty and anarchy with the goal of seizing complete political control.
The only problem with this plan is that the opposition may decide to launch a civil war against the Marxist authors of destruction and hang them high. This was happened in Chile in 1973 when an Obama type president attempted to turn that country with deep democratic and capitalist roots into a “People’s Republic.”
DETAILS OF OBAMA’S PLAN TO DESTROY AMERICA
February 07, 2009
The Cloward/Piven Strategy of Economic Recovery
By Nancy Coppock
Using borrowed money for a band-aid bailout of the economy should seem backwards to most people. However, it likely is a planned strategy to promote radical change. Those naively believing that President Obama is simply rewarding his far-left base, and will then move to the political center, must wise up.
The assumption that Obama will need the nation to prosper in order to protect the 2010 mid-term election incorrectly assumes that he esteems free market capitalism. He does not. Rather than win through superior ideas and policies, the Democrat plan for success in the mid-term elections is to win by destroying political opposition.
Obama adheres to the Saul Alinksy Rules for Radicals method of politics, which teaches the dark art of destroying political adversaries. However, that text reveals only one front in the radical left’s war against America. The Cloward/Piven Strategy is another method employed by the radical Left to create and manage crisis. This strategy explains Rahm Emanuel’s ominous statement, “You never want a serious crisis to go to waste.”
The Cloward/Piven Strategy is named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven. Their goal is to overthrow capitalism by overwhelming the government bureaucracy with entitlement demands. The created crisis provides the impetus to bring about radical political change.
According to Discover the Networks.org:
Rather than placating the poor with government hand-outs, wrote Cloward and Piven, activists should work to sabotage and destroy the welfare system; the collapse of the welfare state would ignite a political and financial crisis that would rock the nation… [Emphasis added.]
Making an already weak economy even worse is the intent of the Cloward/Piven Strategy. It is imperative that we view the American Recovery and Reinvestment Plan’s spending on items like food stamps, jobless benefits, and health care through this end goal. This strategy explains why the Democrat plan to “stimulate” the economy involves massive deficit spending projects. It includes billions for ACORN and its subgroups such as SHOP and the Neighborhood Stabilization Program. Expanding the S-Chip Program through deficit spending in a supposed effort to “save the children” only makes a faltering economy worse.
If Congress were to allow a robust economy, parents would be able to provide for their children themselves by earning and keeping more of their own money. Democrats, quick to not waste a crisis, would consider that a lost opportunity.
The Cato Institute reports that the plan will harm a faltering economy, intentionally causing increased job losses leading to increased demands for the aforementioned programs. Even the jobs to be created are set apart to render social justice, not economic revival. Robert Reich believes new infrastructure jobs should not go to white construction workers. Meanwhile, workers at Microsoft, IBM, Texas Instruments, and the retail market find themselves experiencing the life of the welfare poor.
If highly educated and trained workers continue to lose jobs and business falters as a whole, where will these jobless workers go? Could this be construed as revolutionary social reorganization that puts the underachiever above the achiever? Where is the future economic strength when jobless professionals collect welfare and unemployment while dreaming of a minimum wage job? For whites, there’s not even the hope of a good paying construction job.
Because these programs are financed with deficit spending, the effect of the Cloward/Piven Strategy becomes doubly destructive. Talk about a perfect storm! The Democrat stimulus plan is a mechanism whose goal is the destruction of the traditional American way of life. It is bitter irony that the American taxpayer will actually fund the destruction of his own ability to live according to the values of our Founding Documents. It is not alarmist to identify this situation as a coup d’etat.
As the flow of money from the top of the economy dries up, job losses and mortgage busts will mount exponentially. The Democrat stimulus plan provides for welfare expansion but not for a robust economy that creates high paying jobs. Is this what Obama means when he warns, “It’s going to get worse before it gets better?” If we are not bailing out corporate America so they can regain profitability, we must conclude Obama is working toward another end goal. Recognizing these attack methods reveals the only logical response — an unwavering wall of “No!”
Obama is the King of double talk and he knows well how to hide what he really is saying.
But the truth is that for the vast majority of the people is that they will see their taxes go up and they will see jobs losses of the likes not seen since the Great Depression.
Why, Because you can not tax businesses out of business. In 1941, American either suspended or cut taxes on the all US manufacturing business to an all time low of 7%.
It created jobs and even after WWII the manufacturing sector held that 7% for all manufacturing till 1949. It was and still is the greatest economic boom for US manufacturing.
Imagine if that was put back into practice today, Lower manufacturing or new Technology businesses to 7% in addition to other perks.
Fundamentally, you would see a growth in manufacturing jobs! In fact, if the rate was dropped to 5.5% it would offset the benefits of companies using China labor! It would be cheaper to make the goods here in the US!
If you have very high economic boom in conjunction to very high job creation rates it would look like an emerging market.
This could happen in the US. We actually need to cut rates to businesses but temper those cuts with oversight and proper regulation.
The housing markets have to be corrected. That has to be done. Otherwise we will see another collapse of the housing market for the 5th time.
3 of the past reasons along with the current crisis were caused by the exact same reason. Why the leaders have not yet learned from history and the mistakes is beyond me.
1. Anytime a Bank or any lender can buy the note at an Auction which they control, it creates a conflict of interest. This conflict of interest causes preditory agression of the lender against the borrower to gain access to the property for high value than the note when the proptery has a greater market value than the maturity value of the note they hold.
To this end, Banks or other lenders have to be forbidden from ever having the right to buy any property which they had at any time an interest in the note over the borrower. This prevents banks from selling the note to another bank which another bank could foreclose.
2. If a borrower defaults on his responsibility to pay, then the banks foreclose and sell the property to the highest bidder at auction. Since the banks can not buy the real fire sale price of the home is established. Most homes are HUD or FHA which are guaranteed. The only money that the banks get back is the difference between the firesale amount and the default amount of the note.
This was the policy before 1980. President Carter changed the law when the Democrats controlling the all of government pushed this through just before Carter left office.
It fundamentally changed real estate ownership and practice forever.
Thus Obama is more about pushing the same kind of failed idealism of President Carter who was the worst president in American History!