Monday, September 20, 2010

Reading assignments from Boortz on the economy

Tea Party insurgents prepare to seize power in 2012  UK Telegraph; "But each insult and attempt to marginalise them seems only to have stiffened their resolve and swelled their numbers. Polling indicates that they are now more popular than either Republicans or Democrats. Despite all the claims they are extremists, around half of the electorate now identifies with the Tea Party and up to a quarter view themselves as members."

Let Them Eat Tax Hikes WSJ; "...31 House Democrats signed a letter urging Ms. Pelosi to bring a bill to extend all the tax rate reductions, not just the middle-class cuts. "We have heard from a diverse spectrum of economists, small business owners, and families who have voiced concerns that raising any taxes right now could negatively impact economic growth,"..."

Senate Democratic candidates backing away from President Obama's tax plan  The Hill; "Democratic Senate candidates who are more comfortably ahead in the polls, or have little prospect of actually winning, are more comfortable with Obama’s tax plan."

Government Believes It Has A Right To The Wealthy’s Income  "The progressive movement, unveiled over the past 18 months, believes firmly that the potential success of the collective trumps the rights of the individual. A guided economy, redistributive tax policy, and a slew of federally dictated entitlement programs are the means by which progressives seek to accomplish an elusive social utopia. As Frank J. Goodnow, one of the founders of modern progressivism once noted, “Social expediency, rather than natural right, is thus to determine the sphere of individual freedom of action.” When the collective comes before the individual, when liberty is trumped by statism, government claims the product of your labor. If, in its great beneficence, Government offers you the gift of 60 percent of your earned income, you ought to be thankful. Or so the story goes."

"George Will comments on the fact that even Cuba's Fidel Castro is having second thoughts about communism."
 
Clinton Falsely Claims He Reduced National Debt, Gregory Doesn't Challenge Him 
"According to the Office of Management and Budget, we showed a combined unified surplus of $559 billion in that four year period. Yet the gross federal debt rose by $394 billion.
"Wouldn't you have loved to see Gregory ask Clinton to explain how that happened?"
All via Neal Boortz

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