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Keyword: capitalism

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  • Michael Moore's lavish property empire is revealed in court documents as he and wife of 22 years div

    07/25/2014 2:17:54 AM PDT · by dennisw · 18 replies
    Daily Mail ^ | 24 July 2014 | By Daily Mail Reporter
    Michael Moore's lavish property empire is revealed in court documents as he and wife of 22 years divorce The filmmaker and his producer ex-wife Kathy Glynn called it quits after 22 years, with the divorce finalized on Tuesday at Antrim County Circuit Court in Bellaire, Michigan The pair own nine properties, with Moore splitting his time between Detroit and New York And he seems to be aware of how he's perceived. In legal proceedings, he listed six media reports from 2011, which poked fun at the defender-of-the-poor's lavish life with headlines like 'Mansion Begs The Question: Is Michael Moore A...
  • New Report on Tax Cronyism in the States

    07/24/2014 1:34:16 PM PDT · by ThethoughtsofGreg · 4 replies
    American Legislator ^ | 7-24-14 | Jacob Kohlhepp
    As the quest for tax reform sweeps the nation, policymakers are faced with the dilemma of how to best build a tax code that promotes fairness, removes roadblocks to economic growth and maintains enough revenue to provide the proper amount of public services. As ALEC has pointed out Rich States, Poor States and other publications, low tax rates and smart tax choices are the path to prosperity because they increase a state’s competitiveness and are the least hurtful to productivity. However, in the effort to lower rates and make the tax code less of a burden, there is another impediment...
  • The Pitfalls of Modern Capitalism

    07/24/2014 3:25:34 AM PDT · by matthewrobertolson · 27 replies
    Catholic Analysis ^ | 24 July 2014 | James Kohn
    When Adam Smith put to paper the principles of market systems that Marx would later dismiss as capitalism, people were still dedicated to their religious faiths. Smith -- who was not in Washington at the time (ba-dum-tssshhh) -- knew this, and, even prior to releasing this monumental work, he laid the foundation of what his market system would be based on: “moral sentiments”. Smith was not a relativist, but he believed that morals were commonly held -- after all, Christendom was still holding on, albeit just barely and for dear life. True, enlightened capitalism, while inferior to distributism, is at...
  • 130 Environmental Groups Call For An End To Capitalism

    07/23/2014 12:31:16 PM PDT · by Cincinatus' Wife · 62 replies
    The Daily Caller ^ | July 23, 2014 | Mitchel Bastasch
    Environmentalists have declared that global warming can’t be stopped without ending the “hegemonic capitalist system,” saying that cap-and-trade systems and conservation efforts are “false solutions.” “The structural causes of climate change are linked to the current capitalist hegemonic system,” reads the final draft of the Margarita Declaration, presented at a conference including about 130 environmental groups. “To combat climate change it is necessary to change the system,” the declaration adds. Environmental activists met in the oil producing, socialist country of Venezuela as part of a United Nations-backed event to increase civil engagement in the lead up to a major climate...
  • "Crapitalism!"

    07/02/2014 6:12:31 AM PDT · by Kaslin · 16 replies
    Townhall.com ^ | July 2, 2014 | John Stossel
    "Crapitalism!" There's capitalism, and then there's "crapitalism" -- crony capitalism. Capitalism is great because it lets entrepreneurs raise money so they can scale up and get their products and services to more people. If there is free competition, innovators with the best ideas raise the most money, and the best and cheapest products spread far and wide. But it's crapitalism when politicians give your tax money and other special privileges to businesses that are "most deserving of help." Often those businesses turn out to be run by politicians' cronies. Many government agencies feed this crony capitalism. When there is...
  • Is Inequality Caused by Capitalism or Statism?

    06/15/2014 4:56:04 PM PDT · by Kaslin · 40 replies
    Townhall.com ^ | June 15, 2014 | John Browne
    The French economist Thomas Piketty has achieved worldwide fame by promoting a thesis that capitalism is the cause of growing economic inequality. Unfortunately, he is partially right. However, the important distinction missed by Piketty and all of his supporters is that state capitalism, not free market capitalism, has reigned supreme in recent decades in the world's leading democracies. It is this misguided attempt to wed the power of the state to the private ownership of capital that has led to the mushrooming of economic inequality. If the public cannot be made aware of the distinction, we risk abandoning the...
  • Catholics Against Capitalism

    06/10/2014 6:36:50 PM PDT · by 2ndDivisionVet · 42 replies
    The National Review ^ | June 10, 2014 | Kevin D. Williamson
    Something strange happened in Washington last week: A panel of Catholic intellectuals and clergy, led by His Eminence Oscar Andrés Maradiaga, was convened to denounce a political philosophy under the headline “Erroneous Autonomy: The Catholic Case against Libertarianism.” The conference was mainly about free-market economics rather than libertarianism per se, and it was an excellent reminder that the hierarchy of the Church has no special grace to pronounce upon matters of specific economic organization. The best that can be said of the clergy’s corporate approach to economic thinking is that it is intellectually incoherent, which is lucky inasmuch as the...
  • The Madness Of Crowds And The Great Insanity (the coming economic collapse)

    06/08/2014 6:42:22 PM PDT · by Perseverando · 139 replies
    Zerohedge ^ | June 8, 2014 | Ty Andros
    Never in my 30+ year career as a market observer have I seen so many out on a limb which is about to be SAWED OFF. Those who live within the matrix are fully loaded for a recovery which is not and will not appear. Nominally the Main stream media can proclaim ECONOMIC recovery has arrived, point to the rising developed world stock markets, seemingly benign bond markets of all categories: sovereign, investment grade and Junk, Private equity, corporate buy backs and more have priced in “Happy Days are here again”. HFT, unrestrained leverage in a financially repressed world and...
  • A history lesson on economic recovery from a little-known 1949 book that Washington never learned

    06/06/2014 2:35:51 PM PDT · by fredericbastiat1 · 6 replies
    "One of the most appalling things about NRA was the sudden multiplication of new rules with which businesses must comply, rules not resting on settled law but on arbitrary decisions of administrative bodies, subject to change almost without notice.The business community was suddenly called upon to rush to Washington to participate in the making of codes, codes which represented bargains among different elements of the industries, bargains with labor, and bargains with an extraordinarily incapable set of Government officials and employees, many of whom were extremely radical, and few of whom knew anything about business"
  • Ayn Rand was not a defender of the rich

    05/14/2014 6:33:32 PM PDT · by OddLane · 59 replies
    Washington Post ^ | May 13, 2014 | Ilya Somin
    Ayn Rand, the famous novelist and free market advocate, is often caricatured as a defender of the rich or big business. But, as Steve Horwitz explains at the Bleeding Heart Libertarian blog, there are more wealthy villains in her books than wealthy heroes. And many of her heroes – including John Galt, whom Rand portrayed as the person best exemplifying her philosophy – are not particularly wealthy. Ultimately, Rand’s work praises producers, not wealthy people as such: One of the other valuable pieces of Rand’s work is also one of the most frequently misunderstood by her critics…. [T]he view [of...
  • Socialism, Seattle Style - Kshama Sawant's $15 per hour job killer

    05/07/2014 5:19:48 AM PDT · by Cincinatus' Wife · 23 replies
    American Spectator ^ | May 7, 2014 | Keli Carender
    "............................Educated, articulate and well versed in the recitation of neo-Marxist agitprop, [Seattle Council Woman Kshama Sawant]clearly has read many books and been taught many things that aren’t so.Such is the case with Sawant’s core mission of raising the minimum wage to $15 an hour because she believes it helps poor people. She is convinced that she can, by decree, override the laws of economics from her perch on Seattle’s city council. “Victory in the fight for $15 an hour will mean a substantial improvement in the standards of living of working people in Seattle,” Sawant...in a recent interview[,]“A real class...
  • Musings on Modernity

    05/06/2014 6:42:52 AM PDT · by Nelson Hultberg · 2 replies
    Americans for a Free Republic ^ | May 5, 2014 | Nelson Hultberg
    It is believed by many on the left today that our Constitution resulted from the Founding Fathers deceitfully conspiring to form a society ruled by aristocrats, and that the seeds for modernity’s corruption lie in the Founders’ elitist Constitution that now plagues us. This is why it is so easy for today’s liberals to ignore the Constitution with no qualms or regrets. They feel it is their duty to do so. Conservatives and libertarians see things differently. It was not the Founders in the beginning who warped the ideal of justice with “elitism.” It was the Progressives of the early...
  • Piketty’s new gilded age which isn’t

    04/27/2014 11:36:10 AM PDT · by 2ndDivisionVet · 6 replies
    Hot Air ^ | April 27, 2014 | Jazz Shaw
    Progressive hearts are all aflutter this week, riding high on the continued coverage of Thomas Piketty and his new book “Capital in the Twenty-First Century” which continues to fly off the virtual shelves at Amazon. To say that Piketty’s basic premise is flawed is probably too much of a compliment. Ed already looked at one of the fundamental assertions last week – that median household income had only risen 3.2% over the past three decades – and found it to be off by a factor of ten. But there are other, deeper problems with the Piketty model. One of them...
  • Who Is Thomas Piketty And Why Has The Obama White House Rolled Out The Red Carpet For Him?

    04/27/2014 6:58:17 AM PDT · by Usagi_yo · 31 replies
    Townhall ^ | April 27 2014 | Hunter Lewis
    He has not only been feted recently by White House advisors. He is all the rage at the Council on Foreign Relations, the International Monetary Fund, and the United Nations as well. This 42 year economist from French academe has written a hot new book: Capital in the Twenty-First Century. A recent review describes him as the man “who exposed capitalism’s fatal flaw.”
  • Seattle’s Socialist Councilwoman On Why Capitalism Offers Nothing for Young People

    04/25/2014 4:28:31 PM PDT · by nickcarraway · 18 replies
    PBS ^ | April 23, 2014 | Kshama Sawant
    Editor’s Note: Kshama Sawant is a Seattle councilwoman. And a Socialist. She was elected last fall on a $15-an-hour minimum wage platform. That wage, which is 62 percent higher than this year’s inflation indexed state minimum wage of $9.32, already the highest in the nation, comes from what researchers at the University of Washington have calculated as the wage it takes to be self-sufficient in the area. The Seattle suburb of SeaTac, home of Seattle-Tacoma International Airport, narrowly approved a $15 minimum wage ballot initiative last fall, but as we recently explored, most airport workers have yet to see a...
  • Piketty's charge: How a French economist 'rock star' is 'freaking out' the super rich

    04/25/2014 3:52:51 AM PDT · by SoFloFreeper · 20 replies
    Wicked Local ^ | 4/24/14 | Michael de Groote
    Just looking at the headlines about Thomas Picketty shows that something is up. The Wall Street Journal says he "Revives Marx." The New York Times calls him a "Rock Star." ...What Piketty has done, according to the official book description on Amazon, is look at the growing economic inequality and concentration of wealth. He examines data from the 1700s and forward and finds social and economic patterns that he says show what is at fault....
  • The lost promise of progressive taxes

    04/15/2014 10:25:40 AM PDT · by Oldeconomybuyer · 9 replies
    Reuters - Opinion ^ | April 15, 2014 | By Ajay K. Mehrotra
    By midnight on April 15, roughly 140 million Americans will have filed their federal income tax returns and breathed a sigh of relief. Politicians from both parties, however, will spend most of the day criticizing our current tax system. --snip-- Creating a new tax regime based on the ability to pay had significant consequences. Not only did it provide sorely needed revenue while addressing growing inequality, it also fostered greater social solidarity and bolstered faith in government — a lesson lost on many lawmakers today. Reformers believed progressive taxes could be used to reconfigure the relationship between citizens and the...
  • High Road to Serfdom

    04/15/2014 8:30:30 AM PDT · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | April 15, 2014 | Malcolm A. Kline
    The startling thing about the books academics typically dismiss as relics of the past is the uncanny manner in which they anticipate the present. “Democracy extends the sphere of individual freedom,” Alexis de Tocqueville wrote in 1848. “Democracy attaches all possible value to each man while socialism makes each man a mere agent, a mere number.” “Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” The de Tocqueville quote was resurrected nearly a century later by Friedrich A. Hayek in The...
  • The Republic of Texas 2022 (Saturbray)

    04/12/2014 6:46:14 AM PDT · by bray · 26 replies
    www.brayincandy.com ^ | 4/12/14 | bray
    What would a country look like with a small government and was guided by God and the maximum freedom of its citizens? That is the country I developed in The Republic of Texas 2022, my new novel being published and now in early release. Our hero is Steven Moses who is the most powerful man in the world, but understands that the free market is where true freedom lies. The United States has collapsed and is still in a depression state as the entire structure has disappeared and is replaced with a servant state of the United Nations. Meanwhile Texas...
  • College Football and Capitalism

    03/27/2014 7:43:27 AM PDT · by A'elian' nation · 86 replies
    College football players should not be paid. Plain and simple. But there is no reason why any player should not be given carte blanche to capitalize on his chosen sport. Capitalism 101 rides to the rescue once again. In addition to the free education players get, any player, on scholarship or not, should be allowed to sell and hawk his personal merchandise from t-shirt to jockstrap. He or she should be allowed to put his name and school name/logo on his jersey or helmet or whatever - just like the pros do. A player could sell and trade cards with...
  • Chevron vs Big Green: Capitalism Finally Grows a Pair

    03/07/2014 11:09:07 AM PST · by CedarDave · 15 replies
    Breitbart-London ^ | March 6, 2014 | James Delingpole
    This week the environmental movement suffered its biggest defeat since Climategate. And at the hands of its most hated enemy: Big Oil. ... the court ruling by a US federal judge that Chevron should not have to pay $9.5 billion in damages to victims of oil pollution in Ecuador is a victory for common sense and justice which we should all be celebrating. The reason this case is so important is because it very nearly didn't happen. Though environmental activists like Michael Mann, James Hansen and Al Gore often like to claim that their enemies are in the pay of...
  • The Limitations of Capitalism

    03/02/2014 11:05:06 AM PST · by re_tail20 · 14 replies
    National Review ^ | Jonah Goldberg
    Dear Reader (Including the growing number of you who don’t want this “news”letter to be a safe place where you can share things), Here’s something I don’t say everyday: Capitalism ain’t all that. Don’t get me wrong. I’m still the artist behind the spoken-word album, Capitalism Is My Bag, Baby. But here’s the problem. Because most people on the right love and respect capitalism and pretty much everyone on the right feels the very real need to defend capitalism from the Occupiers, technocrats, sans-culottes, nudgers, equalizers, faux pragmatists, and other members of the Social Justice League, we don’t spend enough...
  • Imagine What They've Been Taught in School: Salon Advocates for Communism

    02/28/2014 12:46:37 PM PST · by servo1969 · 30 replies
    RushLimbaugh.com ^ | 2-28-2014 | Rush Limbaugh
    RUSH: Salon.com. This is a huge piece here. This prints out to six pages. "Why You're Wrong About Communism: 7 Huge Misconceptions About It (and Capitalism) -- Most of what Americans think they know about capitalism and communism is total nonsense," and as I read through this... I'm not gonna read the whole thing to you, but we will link to it at RushLimbaugh.com. As you read through this, if you take the time to do it, this could very easily be the kind of gobbledygook that's being taught in college. "As the commentary around the recent deaths of Nelson...
  • The Original Sin of Global Warming

    02/27/2014 3:17:22 PM PST · by neverdem · 19 replies
    The Federalist ^ | February 26, 2014 | Robert Tracinski
    It might seem strange to say it, but I am a global warming skeptic because of Carl Sagan. This might seem strange because Sagan was an early promoter of the theory that man-made emissions of carbon dioxide are going to fry the globe. But it’s not so strange when you consider the larger message that made Sagan famous. As with many people my age, Sagan’s 1980 series “Cosmos,” which aired on public television when I was eleven years old, was my introduction to science, and it changed my life. “Cosmos&88221; shared the latest developments in the sciences of evolution, astronomy,...
  • WhatsApp founder’s journey from food stamps to fortune

    02/23/2014 3:42:43 PM PST · by TBP · 20 replies
    New York Post ^ | February 21, 2014 | 1:42am | Kaja Whitehouse and Leonard Greene
    The nation’s newest billionaire is a rags-to-riches success story who escaped communist Ukraine as a teen and lived on food stamps in the United States before hitting it big with a messaging app that has become the hottest thing in social media. Meet Jan Koum, the 37-year-old college dropout who, with his partner and mentor, Brian Acton, just sold their startup, WhatsApp, to Facebook for $19 billion in cash and stock. Koum is now worth $6.8 billion. It’s a long way from the government-assisted, two-bedroom apartment in Mountain View, Calif., where he came of age with his mom, and even...
  • Oklahoma Communist Party Releases Ad Promising End of Racism, Gay Marriage Under Communist USA

    02/19/2014 11:33:52 AM PST · by therightliveswithus · 23 replies
    Pundit Press ^ | 2/19/14 | Aurelius
    Despite 100 years of historical evidence that communism leads to food shortages, genocide, and police states, the Oklahoma Communist Party, in a recently publicized ad, has promised the exact opposite... No where in the ad are mentions of the atrocities that took place in the Soviet Union or China in the 20th Century, nor the human rights violations that still take place in North Korea and Cuba to this day. Instead, all the readers see are smiling faces, just so happy that communism has finally taken over the US... And, for whatever reason, the picture saying that racism will end...
  • Jesus Would Not Support Modern Day Socialism

    02/18/2014 7:14:20 AM PST · by OneVike · 15 replies
    TRC Magazine ^ | 2/15/14 | Chuck Ness
    It has been the aim of the Democrat party since they lost the Presidential election in 2004 to subvert the Christian doctrine with the claim that Jesus was a Socialist. Their goal is to convince Christians that their Social agenda is morally equivalent with the teachings and life of Jesus Christ. They even went so far as to create handbooks to be distributing to pastors of churches that will show them how to use various Bible verses to promote what they call "Christian Socialism." Taking this into consideration, it shouldn't surprise anyone that many Christians across America were fooled...
  • From the work of their hands [Haitian entrepreneurs embrace work over charity]

    02/10/2014 2:21:37 AM PST · by SoFloFreeper · 4 replies
    World Magazine ^ | 2/22/14 | Mindy Belz
    It’s 8:30 in the morning and Papillon Enterprise is a hive. The gift shop has customers and two cashiers at the counter, the café is thrumming with smoothie and espresso preparations. But these are just window dressing. The real industry is in backroom workshops, where Papillon employs about 200 artisans, many of them already bent over tables, busy with their craft... HAITI IS SYNONYMOUS WITH POVERTY. It’s the place where white people go to do good deeds—and penance for the African slave trading that birthed this island nation. Its economic successes historically have been mostly for the benefit of others......
  • Gas field politics affect leadership in Western Pa. communities [oust those opposed to drilling]

    02/09/2014 4:53:37 AM PST · by Cincinatus' Wife · 34 replies
    Pittsburg Tribune-Review ^ | February 9, 2014 | Timothy Puko
    Rodger Kendall says he never wanted to enter politics, but when he did, he waded into one of the biggest political conflicts in Pennsylvania. Kendall became a supervisor in Robinson, Washington County, in January, less than three weeks since it won a landmark state Supreme Court ruling overturning part of new laws aimed at eliminating local obstacles to shale drilling. Despite the win, he used his first night in office, Jan. 6, to lead a vote to remove Robinson from the case. Then he made his first official call as a township supervisor to Range Resources Corp. In one election,...
  • Danielle Steel’s Amazing Ex-Husband

    02/03/2014 5:23:06 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | February 3, 2014 | Katie Kieffer
    Thomas James Perkins is a stud. If he weren’t an octogenarian, I’d ask for his hand in marriage because he courageously and eloquently defends free market capitalism. Perkins is the founder of the Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB). He is also the ex-husband of the world’s reigning best-selling author alive: American novelist and San Francisco resident Danielle Steel. Last week, the Wall Street Journal published a three-paragraph op-ed by Perkins in which he defended free market economics. The liberal media, especially the Silicon Valley tech blogs, went up in arms. HOW could he have...
  • You Can’t Save the World

    02/01/2014 4:41:40 PM PST · by servo1969 · 21 replies
    Frontpagemag.com ^ | 1-31-2014 | Daniel Greenfield
    For only ten dollars a day or a month you can feed all the starving children in Africa. For only the price of a cup of coffee a year, you can make sure that no one in Kansas City ever goes hungry again. For just a third of your paycheck, you can subsidize a vast bureaucracy that will conduct studies on the best way to save the world and then come up with proposals that will only cost you half your paycheck. This misplaced philanthropic confidence is the idiot stepchild of a free enterprise society where anything can be accomplished...
  • The Work Ethic - Obama is betting that Americans will side with labor over capitalism. He’s right.

    01/30/2014 5:03:37 AM PST · by Cincinatus' Wife · 13 replies
    Slate ^ | January 29, 2014 | William Saletan
    The central word in President Obama’s State of the Union address wasn’t equality or opportunity. It was work. People will tell you this was a boring speech. Don’t believe them. It was a speech with a sharp edge. It distinguished the free market, represented by Republicans, from the work ethic, represented by Democrats. If that’s the debate in 2014, Democrats stand a good chance of winning. Here’s the basic idea. Many people who vote Republican don’t really believe in the free market. What they believe in is the work ethic. These two things aren’t identical. Sometimes the free market betrays...
  • Meet the "Kronies"–Brilliance in Highlighting "Crapitalism"

    01/25/2014 4:55:34 PM PST · by Kolath · 10 replies
    Conservatives4Palin ^ | 1/25/14 | Whitney Pitcher
    I don’t know exactly how to characterize this, but there is a new campaign to highlight crony capitalism (or the portmanteau that I like to use–crapitalism) . This campaign–The Kronies– uses youtube clips and specially designed 80s style action figures.
  • The Refreshing Li Na

    01/25/2014 11:23:40 AM PST · by A'elian' nation · 14 replies
    Melbourne Herald Sun ^ | January 25th, 2014
    Li Na thanked her agent after winning her second tennis Grand Slam in Australia. "Max, agent, make me rich, thanks a lot" she said." Funny that proclaiming that you are rich is cool in China and Russia, but no longer in the good ole USA. Haven't communist countries heard about income inequality? Sharing the wealth? When is the last time one of our sport's stars proclaimed his or her wealth to the world ? Li Na ranks 85th in the world's highest paid athletes having won over $18 million dollars in her career. Li Na is anything but a communist,...
  • Ex-EPA official told lawmakers of project to 'modify the DNA' of capitalism

    01/22/2014 3:56:06 PM PST · by Dallas59 · 16 replies
    Fox News ^ | 1/22/2014 | Fox News
    A former high-ranking EPA official who recently was sentenced to prison for fraud told lawmakers last month that, before he left the agency, he was working on a "project" examining ways to "modify the DNA of the capitalist system." The startlingly blunt comment was included in newly released transcripts of John Beale's deposition before the House Oversight and Government Reform Committee. One group that is frequently critical of the Obama administration's energy policy, the Institute for Energy Research, said the claim is a "smoking gun" that reveals the administration's true intentions.
  • Why cost-based pricing sucks

    01/18/2014 2:24:50 PM PST · by rickmichaels · 37 replies
    Financial Post ^ | April 19, 2012 | Paul Hunt
    Cost based pricing is relatively simple; you figure out your cost of goods, set a desired margin for each unit, add that margin onto your costs and you have your price. Cost based pricing doesn’t require the detailed level of analysis and value measurement necessary to employ a value-based pricing strategy. Because it’s simple, many companies fall into a trap of cost-based pricing. But as far as smart pricing goes, cost-based pricing strategies are anything but. So if it’s simple, why does it suck? Here are three reasons why:
  • Obamacare - Corporate Wealth Transfer or 'The New Capitalism'?

    01/17/2014 10:24:46 AM PST · by Noremac · 12 replies
    Blasted Fools.com ^ | January 17, 2014 | Richard Cameron
    Does the government reimburse your business when they lose money? Did the government make your business a protected monopoly? Sorry, that's how 'capitalism' works, ol' son.   For some time now I've been attempting to convey the reality that Corporate America, or otherwise casually referred to as 'Big Business', broadly speaking - is not practicing what many of us who consider ourselves conservatives would classify as legitimate capitalism. Corporatism, Corporatocracy, Corruption, Rent Seeking?, yes. Classic capitalism? - no. The obstacle in exposing it is that there is a very vocal sub-strata of so-called 'conservative' personalities – mostly radio hosts,...
  • Democrat Gov. vetoes income tax cut for citizens, then seeks special carve outs for big business

    01/16/2014 1:21:10 PM PST · by ThethoughtsofGreg · 3 replies
    American Legislator ^ | 1-16-14 | Will Freeland
    Just a few months after Missouri’s Governor Jay Nixon vetoed a small but beneficial income tax cut, totaling $700 million over 10 years (barely larger than the one-year value of recent cuts in North Carolina), the Governor convened a special session to provide tax carve-outs for aircraft manufacturer, Boeing. That special session resulted in $1.7 billion in tax incentives to be paid out over 23 years, albeit with some job creation performance targets Boeing is required to hit in order to receive said tax benefits. The juxtaposition of these events provides an awkward contradiction. First, the suggestion that Boeing needs...
  • Rush: 'Under capitalism the rich become powerful, & under socialism the powerful become rich?

    01/14/2014 12:27:00 PM PST · by Starman417 · 13 replies
    Flopping Aces ^ | 01-14-14 | Vince
    Love him or hate him, there is no debate about the fact that Rush Limbaugh is a genius. Last week he said the following: ”Have you ever noticed how under capitalism the rich become powerful, and under socialism the powerful become rich? It's amazing when you look at it that way. Under capitalism, the rich become powerful. Under socialism, the powerful get rich. They exploit others. They get rich by taking from others, by using their power. In capitalism, the rich become powerful. It's a minor little distinction. It's one of those little pithy bullet points that is just shy...
  • The Profound Rush Limbaugh: ”Have you ever noticed how under capitalism the rich become powerful..."

    01/13/2014 7:12:23 AM PST · by Cincinatus' Wife · 9 replies
    RedState ^ | January 13, 2014 | imperfectamerica
    The Profound Rush Limbaugh: ”Have you ever noticed how under capitalism the rich become powerful, and under socialism the powerful become rich? Love him or hate him, there is no debate about the fact that Rush Limbaugh is a genius. Last week he said the following: ”Have you ever noticed how under capitalism the rich become powerful, and under socialism the powerful become rich? It’s amazing when you look at it that way. Under capitalism, the rich become powerful. Under socialism, the powerful get rich. They exploit others. They get rich by taking from others, by using their power. In...
  • Pope Francis, without the politics (free-enterpriser comments)

    01/12/2014 8:09:14 AM PST · by Mrs. Don-o · 38 replies
    Acton Institute ^ | January 8, 2014 | Rev. Robert A. Sirico
    In 2005 I was invited to Rome by the BBC to provide commentary for the events surrounding the death of Pope John Paul II and the subsequent conclave that would elect Joseph Ratzinger as Benedict XVI. On the day the cardinals entered the conclave, I was on camera with the veteran BBC correspondent Brian Hanrahan (who died in 2010) and who seemed incredulous that the College of Cardinals might elect Ratzinger who had just given a memorable homily to the cardinals in which he decried the “dictatorship of relativism.” Could so narrow-minded a man, I was in effect asked, become...
  • Media ignores this but 36 year study proves free market not socialism cures worst poverty worldwide

    01/09/2014 10:02:43 AM PST · by Oldpuppymax · 4 replies
    Coach is Right ^ | 1/9/14 | Kevin "Coach" Collins
    You will not see or hear a word about this in the American media. It doesn’t fit their narrative for the way things should be so it will be ignored. The American Enterprise Institute has reported on a startling piece of good news. What the AEI is trumpeting is that the rate of $1.00 a day or less poverty in the world has fallen by 80% since 1970. This has to be causing Lyndon Johnson to roll over in his grave so fast his big rabbit ears are flapping wildly in his coffin. Those who remember Ole Long Ears remember...
  • Paging Comrade Obama: Kill The Profit Motive And You Kill Modern Medical Advances And Prosperity

    01/05/2014 3:49:35 PM PST · by IChing · 20 replies
    ClashDaily.com ^ | 1/5/13 | Donald Joy
    Good economic policy accords with human nature. This is why governments and societies which respect capitalism succeed, and those which see capitalism as bad, fail. Rational self-interest (not greed, which is excessive self-interest) is part of human nature, and it is normal and healthy. Altruism is healthy, too, and on a higher plane, spiritually, than normal self-interest, but you can’t help another person unless you first have something to help them with–have enough of your own primary needs sufficiently met, in order to be able to donate or exchange any kind of goods (material or intangible) at all; to be...
  • Obama To Americans: You Don't Deserve To Be Free

    01/01/2014 1:08:28 PM PST · by Baynative · 52 replies
    Forbes ^ | 12/31/13 | Harry Binswanger
    President Obama’s Kansas speech is a remarkable document. In calling for more government controls, more taxation, more collectivism, he has two paragraphs that give the show away. Take a look at them.
  • Pope Francis Speaks For the Revolution (Beyond bizzare)

    12/31/2013 3:35:00 PM PST · by 2ndDivisionVet · 46 replies
    The Atlanta Daily World ^ | December 23, 2013 | Aubrey Lynch
    On progressive news sites, Pope Francis is all the rage. Not only has he taken on the bishops, now he is taking on the ruling elites of the world. In his first major statement to the world, his “Evangelii Gaudium” (The Joy of the Gospel), the Pope addresses issues of trickle-down economics, runaway inequality, and the idolatry of money. His statements pull no punches. He says that for the rich not to share their wealth with the poor is nothing less than theft. The entire document is devoted to an effort to reverse the horrors brought on the world by...
  • Obamacare vs. UPS and FEDEX

    12/27/2013 12:24:21 AM PST · by Cincinatus' Wife · 16 replies
    The American Thinker ^ | December 27, 2013 | Michael Geer
    Apples and Oranges, I'll give you that. But what I won't give you is dissent about overarching government solutions versus the private sector. ObamaCare is the socialist idea of government healthcare versus private sector answers. And by that I mean a truly unfettered private sector. Not the faux 'capitalism' practiced and protected today by an unbelievable goat cluster assembly of Rules, Regulations and Law seemingly in place to prevent capitalist competition. Competition, the engine, frame, suspension, bolts and bearings of Capitalism. This Christmas season UPS and Federal Express are enduring some bad press for missed or late deliveries. Quite the...
  • What is a Capitalist?

    12/25/2013 11:45:37 AM PST · by SeekAndFind · 37 replies
    American Thinker ^ | 12/08/2013 | Jonathan Moseley
    Are you for or against capitalism? Doesn't that depend on how you define it? If any reader of this publication believed capitalism were an evil, greedy, law-breaking corruption of society, similar to abuses in Pope Francis's native Argentina, he would be against it. Conservative do not tolerate crony capitalism (that is, government intervention in business). Most voters -- who cancel out your vote -- have very different ideas than you do. Buried assumptions and widely-varying definitions are being exposed by a recent debate over Christianity, socialism, and capitalism. Controversy sparked by Pope Francis' Apostolic Exhortation and Rush Limbaugh's criticism has...
  • Merry Christmas, Comrades

    12/25/2013 6:58:34 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | December 25, 2013 | John Ransom
    <p>You are hereby notified that there is an official embargo on your comments in the email and hate mail columns effective with this notice. You recent offerings have been so obtuse, so off-topic, so unintelligible that even Jay Carney, White House Press Jester could only shrug when I asked him to translate.</p>
  • Terry Bradshaw Talks to Jay Leno About (Duck Dynasty's) Phil Robertson (Video)

    12/21/2013 8:08:57 PM PST · by montag813 · 60 replies
    Top Right News ^ | 12-21-2013 | TopClip
    Tonight’s TopClip shows a side of ‘Duck Commander’ Phil Robertson that many don’t know: when he was teammates with future NFL Hall of Famer Terry Bradshaw…
  • Income, Inequality, Insanity

    12/15/2013 12:26:25 PM PST · by Kaslin · 7 replies
    Townhall.com ^ | December 15, 2013 | Paul Jacob
    With it now declared to be an act of racism to dare refer to the federal government’s dramatically increased and disastrous role in our healthcare as “Obamacare” — even though President Barack Obama, himself, once did so proudly, before its onerous provisions were triggered and began to explode in the faces of the American people — let’s just note that the, ahem, Affordable Care Act is . . . not. So, unsurprisingly, President Obama desperately moves on to greener pastures: Class envy and warfare. Income inequality. As if anyone in their right mind would choose to live in a society...