Obamanomics - Using Law As An Instrument Of Plunder

[Bill Call]

If you want a sneak peek at the American economy under Barack Obama look to Argentina:

http://online.wsj.com/article/SB122567336191591913.html

The key line is "...Supreme court began chipping away at property rights as a way of addressinig economic inequality".

Obama has made it quit clear that he is going to use the power of the courts and congress to seize the wealth. Survival in such an economy becomes more and more difficult over time. Each reduction in investment leads to a reduction in living standards which leads to increased demands for more redistribution.

The voters continue to vote for the redistribution because they seek immediate relief. The politicians provide the redistribution because an impoverished and needy population is the source of their power.

Do you think Fidel Castro cares about the abject poverty he has created? Why is it that so many American liberals are enamored with Fidel?

[sharon kinsella]

Bill - haven't you been following what's going on, right now, in America.

The failure of our economic structure can be traced right back to Reagan. From the union busting of air traffic controllers, to cutting enforcement agencies budgets - the one's that protect working stiffs, to NAFTA - the have's have plundered the poor, working class and middle class citizens in this country.

You really need to talk to people who live in the real city and listen to their stories, walk with them through their days and see first hand what the real problems are.

You can't learn everything you need to know from books, real life has a lot to teach.

Go forth, my son and learn how most Americans live.

[Stan Austin]

Bill--- A word to the wise--- Tuesday's election showed that flaming doesn't work anymore.

To compare a hypothetical economic program even before a government is organized, to that of an arbitrarily selected country is as relevant as Joe Wurlitzer (sic) complaining about being taxed on income that he never had in the first place.

Stan

[Charlie Page]

No, the Obama administration is not in office but the socialists are ready to hit the ground running.

Maxine Waters (Democrat) wants to nationalize big oil

http://www.youtube.com/watch?v=KN6s1KVFBNg


Jim Moran (Democrat) says “we have been guided by a republican administration who believes in the simplistic notion that people who have wealth are entitled to keep itâ€

[Phil Florian]

Let's go out on a limb and go whole hog into this and get to the root of it. Instead of "what ifs" and comparisons to Andrew Lloyd Webber musicals tell me why "redistribution of wealth" is bad or unfair. What should replace it? I know the Republicans have this idea that if we give more money to rich people then suddenly they will have too much and explode, raining money down on those below. When, exactly, was this going to happen? CEO salaries have jumped ridiculous levels while in adjusted dollars middle income earners have flattened wages barely keeping up with the cost of living (and in this last year or so, probably lagging behind).

Since 1980, Republicans have had 20 years of solid rule to show the American people that "trickle down" economics was going to save our nation's economy but has it? Will it pretty soon? Or was it JUST about to happen before Obama took over with his pre-policies which clearly killed the great experiment? We have already seen the wealthy CEO's get wealthier through this banking crisis. Money that was supposed to be used to "lend" out more money to working Americans was going to prop up CEO salaries, bonuses, or allowed cash-strapped banks to buy other cash-strapped banks and lay off more working Americans.

Seriously, Bill. You guys have had 8 years to show us how horrible the prosperous 90's were and replace it with something that benefits everyone and clearly that hasn't happened. Rich become richer. When is our 8 year support of the divine wealthiest few going to suddenly pay off for the rest of us? Would 4 more years have done it?

[ryan costa]

[quote="Charlie Page"]No, the Obama administration is not in office but the socialists are ready to hit the ground running.

Maxine Waters (Democrat) wants to nationalize big oil

http://www.youtube.com/watch?v=KN6s1KVFBNg


Jim Moran (Democrat) says “we have been guided by a republican administration who believes in the simplistic notion that people who have wealth are entitled to keep itâ€

[Jim O'Bryan]

Do you think Fidel Castro cares about the abject poverty he has created? Why is it that so many American liberals are enamored with Fidel?

Bill

This was one of your best.

Snappy uniforms? Beard? Over rated cigars?


Bill/Charlie

Do we keep borrowing money, and never pay it back? Bill you have grandkids, Charlie, someday you will I am sure. Do we just keep stealing from their future and the future of their children? Do we pass the tab along the lines so that we can spend it all right now?

I am not sure how it will be done, but at some point we have to pay the tab.

Bill

I am not positive, but I am sure last night at the Democratic Pot Luck dinner everyone was talking about how cool Castro is/was?!

Bill is there any truth to the rumor that right now, President elect Obama is has a team hollowing out a bible so that he can fit the Qur'an inside of it. The single biggest problem has been, getting the cover thin enough so as to not offend Allah?


.

[Stephen Eisel]

Over rated cigars?

Ask Ryan if they are overrated?

[Jim DeVito]

I for one can not wait to stand in line for my share of vodka and toilet paper!!

[Jim O'Bryan]

Over rated cigars?

Ask Ryan if they are overrated?

Oh, the politics are bad, but the cigars

Stephen, first which one? The Blackwell Republican Lt.? Or the one that
still thinks the war and GWB were great ideas?

See there is the critical thinking thingy, when we talk of this.

The Cuban cigar taste better only because it is illegal, in theory.

The true fact is, even Cigar Efficando put them down on the list unless offered from the JFK cigar box.

Bill

You do realize that it is Che Guevara on those shirts and flags?



A better known image of Che.



Honestly, you have to expect the poor, the left behind, those that need help, and those without the homes you have would gravitate to individuals such as this.

This is but one small part of the problem of the growing difference in rich and poor with no middle ground. It is a strong middle class with a ladder from poor to the top, like the one traveled by our new president, that keeps Che's image alive, instead of the new image of a new Che.

FWIW


.

[Charlie Page]

You’re sitting in a bar and some drunk has spent all his money and asks you for $20 for a cab ride home so he doesn’t have to drive. You wouldn’t want that on your conscience so you give him the money and not pay any attention to him. Ten minutes later you see him bellied up at the bar having another drink. Is the solution to give him more money in hopes that he will eventually do the right thing?

Our government is that drunk at the bar! The answer is not raise taxes but for the government to do the right thing and stop spending like drunken sailors on shore leave! Tighten their belts like the majority of Americans have had to do!

I would bet my house there’s at least 10% of fat you could cut from any federal agency’s budget. Fat that is flat out waste, fraud or other abuse of spending.

Over rated cigars?

Ask Ryan if they are overrated?

Trust me, they are not overated!

[Jim O'Bryan]

You’re sitting in a bar and some drunk has spent all his money and asks you for $20 for a cab ride home so he doesn’t have to drive. You wouldn’t want that on your conscience so you give him the money and not pay any attention to him. Ten minutes later you see him bellied up at the bar having another drink. Is the solution to give him more money in hopes that he will eventually do the right thing?

Our government is that drunk at the bar! The answer is not raise taxes but for the government to do the right thing and stop spending like drunken sailors on shore leave! Tighten their belts like the majority of Americans have had to do!

I would bet my house there’s at least 10% of fat you could cut from any federal agency’s budget. Fat that is flat out waste, fraud or other abuse of spending.

Over rated cigars?

Ask Ryan if they are overrated?

Trust me, they are not overated!

[Jim O'Bryan]

You’re sitting in a bar and some drunk has spent all his money and asks you for $20 for a cab ride home so he doesn’t have to drive. You wouldn’t want that on your conscience so you give him the money and not pay any attention to him. Ten minutes later you see him bellied up at the bar having another drink. Is the solution to give him more money in hopes that he will eventually do the right thing?

Or the man goes home and goes on to cure cancer. That is the problem with scenarios.

Our government is that drunk at the bar! The answer is not raise taxes but for the government to do the right thing and stop spending like drunken sailors on shore leave! Tighten their belts like the majority of Americans have had to do!

Charlie

No our government the last 8 years has been the drunk that falls through the stereo and kills the party. Now we have to buy a stereo just get back to even. Even when we buy that stereo the world remembers our drunk president, breaking the last one.

As for the cigar, trust me, if legal, you would buy much better.

Unless it is the tiny drops of sweat that pour off the brows of the low paid communist workers that taste so sweet!

please.


.

[Charlie Page]

Or the man goes home and goes on to cure cancer. That is the problem with scenarios.

I’m not holding out for our government to cure cancer.

No our government the last 8 years has been the drunk that falls through the stereo and kills the party.

Only 8 years? Our government has been bellied up for decades!

As for the cigar, trust me, if legal, you would buy much better.

You must have had a few counterfeits? Need to learn to spot those. Maybe on that road trip to Massachusetts, you can swing by Canada and pickup a few real ones because I certainly wouldn’t have any in my possession right now. Monetcristo No2’s are good. Cohiba Esplendido’s are better. That reminds me, I have to put some solution in my humidor.

[Tim Liston]

Getting back to the original post....

From the article Bill cited:

“On Oct. 21, (Argentine President) Kirchner ended the suspense by announcing that the nation's private pension system ... would become government property. To put that in words that Americans can more clearly comprehend, it would be as if the assets of all 401(k)s were suddenly swept out of owners' accounts and into a single government account. “

From an article in the Carolina Journal: [url=http://www.carolinajournal.com/articles/display_story.html?id=5081]â€