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The Library => The SGA => Topic started by: Rancid Milk on July 30, 2008, 03:04:20 PM

Title: Obama and the phrase "Economic Justice"
Post by: Rancid Milk on July 30, 2008, 03:04:20 PM
Click and read (http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=302137342405551)

This is something that he needs to be pressed on and give specific examples of what he's talking about when he uses that term...the implication is socialistic "take from the haves and give to the have-nots". 

Title: Re: Obama and the phrase "Economic Justice"
Post by: Tarheel on July 30, 2008, 03:58:29 PM
Click and read (http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=302137342405551)

This is something that he needs to be pressed on and give specific examples of what he's talking about when he uses that term...the implication is socialistic "take from the haves and give to the have-nots". 


I really don't think that the giddy media will press Obama on specific examples of anything that he says.  That is an excellent commentary by the way.  I found the following items very noteworthy...

Quote
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"Economic justice" simply means punishing the successful and redistributing their wealth by government fiat. It's a euphemism for socialism.

In the past, such rhetoric was just that — rhetoric. But Obama's positioning himself with alarming stealth to put that rhetoric into action on a scale not seen since the birth of the welfare state.
...

I really think that the gloves are coming off of the Democrats Socialists this election cycle.
 
Quote

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Obama also talks about "restoring fairness to the economy," code for soaking the "rich" — a segment of society he fails to understand that includes mom-and-pop businesses filing individual tax returns.
...

The above particular quote calls to mind again Congressman Thaddeus McCotter's lesson on "How to Speak Democrat":

This is a video of Congressman Thaddeus McCotter (R-MI) and his presentation to the House (and CSPAN) last week about "How to Speak Democrat"; I hope that yall will enjoy it as much as I did (it's about 4 minutes long).  I wish that my Congressman was this outspoken.  Watch and learn:

"Progressive = Regressive"

"the Rich = You"

"Change = the 1970's"

"Government = Socialism"

"Enhanced Revenues = Raise Taxes"

"Green Collar Jobs = Unemployment"
...

And clearly Obama is a follower of the Zero-sum economic theory

Quote
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It's clear from a close reading of his two books that he's a firm believer in class envy. He assumes the economy is a fixed pie, whereby the successful only get rich at the expense of the poor.
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And as much as McCain makes my stomach churn this statement alone should be enough to make all the readers of this forum go and vote against Obama this November:

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Democrats, who already control Congress, now threaten to filibuster-proof the Senate in what could be a watershed election for them — at both ends of Pennsylvania Avenue.

A perfect storm of statism is forming, and our economic freedoms are at serious risk.
...

Nods back to the original article posted by RM from IBD...great article...well worth the read!


Title: Re: Obama and the phrase "Economic Justice"
Post by: GarMan on July 31, 2008, 05:18:32 AM
If the Democrats permit those evil George Bush tax cuts for the rich to expire, we will have the largest overnight income tax increase in the history of this country.  In some ways, I want to see it happen because I'm almost certain that it would re-energize the Conservatvie majority and inspire the Republicans to get back to the values and ideals that made them so strong in the mid-90s.  Of course, I don't really want to see it happen because many of us would get soaked to a degree that we have never seen, and the Democrats would promptly squander it on the most frivolous of programs.  I believe that we're damned with either option... 
Title: Re: Obama and the phrase "Economic Justice"
Post by: Tarheel on July 31, 2008, 12:46:54 PM
If the Democrats permit those evil George Bush tax cuts for the rich to expire, we will have the largest overnight income tax increase in the history of this country.  In some ways, I want to see it happen because I'm almost certain that it would re-energize the Conservatvie majority and inspire the Republicans to get back to the values and ideals that made them so strong in the mid-90s.  Of course, I don't really want to see it happen because many of us would get soaked to a degree that we have never seen, and the Democrats would promptly squander it on the most frivolous of programs.  I believe that we're damned with either option... 

I'm really expecting that to happen GarMan but whether that will energize the Conservative majority and especially get the Republicans back into line on spending will remain to be seen.

By the way that awful recession that even McCain talks about apparently is still not happening according to the Commerce Department...but you wouldn't know that by the AP's headline (all emphasis is my own):

Quote
Growth weaker than hoped; economy shrinks in Q4
Thursday July 31, 11:18 am ET
By Jeannine Aversa, AP Economics Writer 
Economic rebound not as energetic as hoped in spring; economy contracted at the end of `07

WASHINGTON (AP) -- The country didn't get the energetic rebound in economic growth hoped for from the government's tax rebates in the second quarter, and the economy jolted into reverse at the end of 2007, raising new recession fears.

The Commerce Department reported Thursday that gross domestic product, or GDP, increased at an annual rate of 1.9 percent in the April-to-June period. That marked an improvement over the feeble 0.9 percent growth logged in the first quarter of this year and the outright contraction in the economy during the final quarter of last year.
...

Where's the recession?

Here's the full article:

http://biz.yahoo.com/ap/080731/economy.html?.v=19