Friday, March 13, 2009

Listen Up, Obama

Who said these wise words? Were these sentiments more likely uttered by Abraham Lincoln, or by his would-be protege, Barack Obama?

"You cannot help the poor by destroying the rich. You cannot strengthen the weak by weakening the strong. You cannot bring about prosperity by discouraging thrift. You cannot lift the wage earner up by pulling the wage payer down. You cannot further the brotherhood of man by inciting class hatred. You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for them what they could and should do for themselves."

I think we all know the answer. Obama is not thinking in Lincolnian terms. But he most certainly SHOULD. Obama will get it right if he changes direction and takes to heart the words of our sixteenth president. Abraham Lincoln knew better than to destroy the
initiative and independence of the people of this great country, by instituting an array of massive big government programs full of unaffordable lollipops designed to do for them what they could and should do for themselves.

Thursday, March 12, 2009

What Lincoln Removed, Let Obama not Bring Back

Obama is trying to model himself after the great Abraham Lincoln, who, by the way said and believed this:

"Property is the fruit of is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise. Let not him who is houseless pull down the house of another; but let him labor diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built."

But Obama does not seem to share Lincoln's view. Obama wants to hand out a long list of goodies for the populace, a list of goodies which will be given continuously, now, and forever more. Obama does not particularly want to encourage people to amass wealth on their own and become rich as Lincoln admired. But there is an issue with all of that so-called "giving". The problem with a president who hands out lollipops, is that someone has to pay for all that expensive candy. And who might that payer be, you may ask? OOH, I know! The rich! The rich are just swimming in money, so let's take the money from them, how about that? We are an incredibly wealthy nation, and if we can't manage to share all the trappings of the rich, with all the unfortunate people, then what good are we? How can we look at ourselves in the mirror every morning? No, this will never do. We must take from the rich and give to the poor so that we will have "equity".

This is the thinking of the Obamas. They think the rich are loaded with ill-gotten gains, and that they ought to be made to share all that wealth that somehow just landed on them because they were so lucky. But here is the little secret. The rich, as it turns out, are rich, because the rich work. And they work very hard, most of them. A lot of the wealth in this country is held by very hard-working small business owners, many of whom have taken on a considerable amount of risk to get to where they are today. And here is another truth about the rich. They tend to have a few brain cells.

The rich can see that, under an Obama administration, they are speeding towards higher taxation. They know, too, that they already pay a huge percentage of the entire tax bill for the country. Do you think they want to pay more? Maybe. But maybe not. Particularly when they see the money wasted, going to bail out losing businesses, and to keep Nancy Pelosi happy and smiling, as she flies herself and her family around the world in her special DOD airplanes; and as they subsidize those who don't pay their fair share....our Secretary of the Treasury among them.

No, the rich may decide to go on a bit of a strike. They might decide to cut back on those long hours they work. They might decide to hire less people, giving themselves less to worry about. Why work hard and spin so many plates in the air? Maybe they are close to retirement age? A lot of them might just throw in the towel and retire early. Doctors, for example. The most experienced doctors in your community might soon be closing up shop and heading for no-tax states, such as Florida. All of that will result in less work done by the rich, less spending by the rich. And less tax paid by the rich.

We have already seen the destruction of many of the rich, courtesy of Madoff and the many Madoff copycats. Guess what? The rich ponzi scheme victims won't be paying so much tax any more, now that their holdings are wiped out. Ditto for people who lost half their stock market holdings since it became clear that Obama was going to be elected. And we have seen tens of thousands of jobs lost on Wall Street. Oh darn....some of those people were making big salaries and paying a shedload of tax. That is over now, for many of those people, as they head off to other careers at lower salaries. And the tax they once paid? Well that is over for US now. Gone. Those receipts will never be so high again.

It will be interesting to see what happens as we go forward. Will the rich continue to work extremely hard and take great risk so that they can have the great privilege to buy all the lollipops for the rest of us to enjoy? I hope so! Because if the rich go on strike and stop paying just a portion of the massive share of the tax which they now pay, there is only one group of people left to pay the the remaining, still massive, tax let's see.....which group of people would that be?

Oh wow.....looks like you and I are going to have to work ourselves to the bone to pay for the unaffordable lollipops Obama has foisted upon us. We will be paying for years, for decades, for centuries (if this country which Lincoln fought so hard to keep together, lasts that long). We will soon be working to keep the government going, even though the government is supposed to be working for us. Great. So maybe Obama's delusions of grandeur involving himself and one of our greatest presidents are not so crazy after all.

Sunday, March 8, 2009

A List of the Lollipops

Here is a veritable treasure trove of information about how stimulus money might be spent, especially intriguing because you can register your opinion! Citizens around the country with local knowledge about the proposed "shovel-ready" projects in their own cities can find, discuss and rate those unaffordable lollipops, from the new silver led recreation center in Annapolis, Maryland, to the Tannery Arts Center Working Studios in Santa Cruz, CA. If you are already familiar, you can even go so far as to use the wiki feature to add the facts you know right into the description. If you don't know about a project near you, maybe you would like to give your local officials a call and start asking questions. Your local officials will spend the money more wisely if they know you are watching.

Obama has promised to invest stimulus money in a wise way and now it is up to us to make sure that happens, holding public officials to account for the FEDERAL taxpayer money they spend for their local projects. Should federal moneys be used in this way? No. It is not the province of the federal government to tax the citizens all over the land in order to help local areas clean up playgrounds and make nice little bike trails and outdoor museums, etc, etc. After all, the job of the federal government is to pay for federal responsibilities, like defense. But as Obama and Pelosi have pointed out time and time again, they won the election. So they are going to engage in this crazy big spending anyway. Let's just not roll over, however, and let them fritter away this money without hearing an earful from us.

The lollipops on this list of stimulus projects seem to come in two varieties:

ONE: Projects which the local population do not believe are worthy of funding. We all have limited finances, and therefore, we have to set priorities. It is safe to assume that large numbers of items on this list are items the locals did not feel were worthy of their own local tax dollars!

TWO: Projects which the locality had already budgeted money for. (The jurisdiction involved will now simply shift the moneys, and spend their own local taxpayer money on something else). Kind of a shell game, with the federal taxpayer (that would be you and me) being the dupe.

You can find projects by searching or by browsing by locality or program type. Once you find a program, there are three things you can do:

1) vote on whether you believe the project is critical or not; (and see how others are voting)

2) edit the project's description and points in favor or against, and

3) post a comment in the conversation about the project.

Dig in, and let us know what you find. A lot of this stuff sounds just lovely and sweet, as unaffordable lollipops so very often do. But other projects are just unabashed horrendous wastes.

Wednesday, March 4, 2009

The Fast Track to Redistribution of Wealth--the Destruction of Your 401K

The Wall Street Journal knows what is going on in today's economy and it is not pretty. Notable lines:

Most of (Obama's) "stimulus" spending was devoted to social programs, rather than public works, and nearly all of the tax cuts were devoted to income maintenance rather than to improving incentives to work or invest....The market has notably plunged since Mr. Obama introduced his budget last week, and that should be no surprise. The document was a declaration of hostility toward capitalists across the economy.

Health-care stocks have dived on fears of new government mandates and price controls. Private lenders to students have been told they're no longer wanted. Anyone who uses carbon energy has been warned to expect a huge tax increase from cap and trade. And every risk-taker and investor now knows that another tax increase will slam the economy in 2011, unless Mr. Obama lets Speaker Nancy Pelosi impose one even earlier......................The powers in Congress -- unrebuked by Mr. Obama -- are ridiculing and punishing the very capitalists who are essential to a sustainable recovery. The result has been a capital strike, and the return of the fear from last year that we could face a far deeper downturn. This is no way to nurture a wounded economy back to health.........
Listening to Mr. Obama and his chief of staff, Rahm Emanuel, on the weekend, we couldn't help but wonder if they appreciate any of this.


And, perhaps more importantly, to those who were excited to cast a vote for Obama: Are you understanding now what kind of change you have voted in?

I have trouble believing that this is really what America is hoping for, and it certainly ought to be becoming clear now, that when the capitalists take their ball and go home, it becomes increasingly impossible to buy the unaffordable lollipops any society would, in a perfect world, like to have.

One way to equalize the income differences in a population might be to simply remove a massive amount of wealth from a large number of people. Let's hope that this kind of redistribution of wealth is not in any way a part of Obama's plan.

Monday, March 2, 2009

Send a Tea Bag to the White House!

There are many things we want in life, but some of them are just unaffordable. And so it is with government. That is why it is important to keep government small and run it as cheaply as we can. BUT, It is now crystal clear to Americans that the man who seeks to "make government cool again" has climbed aboard a freight train of spending. He wants big government and he wants it now. This we must stop, because otherwise we are going to have to pay, and we will be paying too much! As always, the middle class will bear the burden, because there are not enough so-called "rich people" to fund these wide-reaching and permanent costs. Already the congress is approving bills which will limit the tax deductions which the middle class are used to having. Removal of deductions is known as a tax increase! So no matter what we were told by the Obama campaign, the middle class will indeed see substantial increases to their taxation. Don't put up with it!

The time to speak up is now. Perhaps you would like to join the New American Tea Party and send a teabag to the White House. Address in the clickable bumper sticker at the top of the page.

Sunday, March 1, 2009

Who Bears the Burden of Bipartisanship?

Let bipartisanship begin with Barack Obama. He’s too far left and he needs to come to the center. It's time he stopped prancing around the country to sign mile-high spending bills and to chastise Republicans who don't agree with his idealistic plans. When he determines to stay in Washington, and to do the hard work of governing, progress might be made. If he can bring himself to craft practical, workable, middle-of-the-road solutions, others will join him and he will find all the bipartisanship support he could dream of.