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Keyword: capitalism

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  • Peter Schiff-Socialism is the Problem, Capitalism Is The Solution

    07/16/2012 11:19:44 AM PDT · by appeal2 · 4 replies
    The Financial Survival Network ^ | 07/16/2012 | Kerry Lutz
    We caught up with our old friend Peter Schiff at Freedom Fest. While he was on a panel, security was sicked on Doug Casey for smoking a cigar (Cubano of course) while participating on stage. Freedom took a major hit when Doug was forced to extinguish his rich stogie. But as Doug said, he was on someone else's property, so he had to comply with the management's wishes. I want to know who the Buzzkill was that turned him in. Peter made the case for limited government and eliminated socialism in his usual eloquent manner. Too Big To Fail Banks...
  • Avengers' Director Whedon Goes On Anti-Capitalist Rant

    07/15/2012 11:19:44 AM PDT · by Beave Meister · 40 replies ^ | 7/14/2012 | John Nolte
    So says the guy probably worth somewhere around a gajillion dollars and who likely made somewhere around a thousand times more money from "Avengers" than anyone on the crew. But Whedon's obviously talking about socialism for, you know, other people: “We are watching capitalism destroy itself right now,” [Whedon] told the audience. He added that America is “turning into Tsarist Russia” and that “we’re creating a country of serfs.” Whedon was raised on the Upper Westside neighborhood of Manhattan in the 1970s, an area associated with left-leaning intellectuals. He said he was raised by people who thought socialism was a...
  • Milton Friedman Speaks to Physicians at the Mayo Clinic

    07/11/2012 11:39:00 AM PDT · by GoodDay · 9 replies
    YouTube | July 11, 2012 | GoodDay
    Milton Friedman speaks to physicians at the Mayo Clinic about healthcare and the trend toward socialized medicine (1978) part 1 part 2 part 3 part 4 part 5 part 6
  • First Church of the Blessed Evaporator

    07/08/2012 4:05:29 PM PDT · by JoanVarga · 41 replies
    Primordial Slack ^ | 07/07/2012 | Joan Of Argghh!
    Thank God for air conditioning. I mean it. I'm not being casual about Whom to thank. I thank the everlasting Creator who imparted his universal wisdom into a series of inventions and ideas until a misguided therapy for malaria gave us the means to create ice. God bless! And then some Luddite, glacier-chopping Ice King quashed John Gorrie's idea in order to save his own fortunes, and we sweated for 50 more years. I hope Hell's thermostat got an upgrade of 50,000 extra degrees just for Mr. Tudor's arrival. Air Conditioning is a miracle of civilization but it's not a...
  • York: Obama saw corporate job as working for the enemy

    06/22/2012 6:39:41 AM PDT · by SumProVita · 16 replies
    The Examiner ^ | June 21, 2012 | Byron York
    New evidence comes in the just-released biography "Barack Obama: The Story," by David Maraniss. Obama spent very little time in business, but he did have a job at a company called Business International for about a year after he graduated from Columbia University in 1983. The book contains new details about the future president's brief stint in corporate America. Obama was a low-level editor in Reference Services, working on reports describing economic conditions in various foreign countries. By all accounts, he disliked the work, not just because it was pedestrian and boring, but because it was in business. "He calls...
  • Just Capitalism. Compassionate economic system. Another way to economy back on track

    06/05/2012 2:00:32 AM PDT · by se99tp · 7 replies
    Christian Concepts Daily ^ | June 6th, 2012 | Norman Kurland
    There is an economic fault line running throughout America and the world which today’s economic gurus seem unable to explain or remedy: the widening wealth and income gap between a tiny rich elite and multitudes of poor in every country (including the United States), and between developed and developing nations. ... Access to capital ownership, asserted economist Kelso, Reagan's friend, is as fundamental a human right as the right to the fruits of one’s labor. Furthermore, Kelso argued, the democratization of capital credit is the "social key" to universalizing access to future ownership of productive wealth, so that every person,...
  • No Surprise When Cory Booker Defends Capitalism

    05/28/2012 5:22:41 AM PDT · by Kaslin · 10 replies ^ | May 28, 2012 | Star Parker
    Winston Churchill captured what this presidential election is about when he observed “the inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” It’s why the young black Democrat mayor of Newark, NJ, Cory Booker, got high level repudiation from the Obama campaign, including from the president himself, when he insolently suggested that Bain Capital, the investment firm once headed by Mitt Romney, might actually do positive things. Booker, an Obama campaign surrogate, went off script on Meet the Press when he refused to justify a campaign attack ad...
  • Obama Campaign Recovers Loot from Capitalist Pirates

    05/26/2012 12:47:26 PM PDT · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 26 May 2012 | John Semmens
    President Obama’s reelection campaign press secretary, Ben LaBolt rebuffed criticism that the campaign’s acceptance of donations from Bain Capital employees is hypocritical. Bain has been castigated by Obama for preying upon vulnerable businesses and looting them for selfish gain. Bain is the firm that GOP presidential candidate Mitt Romney worked for before he became governor of Massachusetts. “Those who don’t understand the President’s thinking imagine that he is inconsistently benefiting from the ill-gotten gains of those engaged in reprehensible conduct,” LaBolt said. “In reality, he is recovering this money, purifying it, and putting it to use is his crusade to...
  • Romney: Why is Obama attacking capitalism?

    05/24/2012 9:12:44 AM PDT · by Nachum · 22 replies
    Hot Air ^ | 5/24/12 | Ed Morrissey
    In other words, “Hey, let’s keep talking about Bain Capital!” Mitt Romney proudly rolled out Bain’s investment history, in which their businesses succeeded in boosting profit and viability in 80% of the cases — keeping in mind that private-equity firms and especially Bain tend to focus on already-troubled firms. Only 5% of their bets resulted in bankruptcy later, which is a rather remarkable record for a private-equity firm. In attacking that kind of success, Romney argued on Fox News this morning, Barack Obama has resorted to nothing less than an attack on capitalism itself:
  • Cory Booker And The Bain Of Obama's Existence

    05/21/2012 4:22:53 PM PDT · by Kaslin · 7 replies
    IBD Editorials ^ | May 21, 2012 | Editor
    Campaign 2012: Newark's mayor succumbs to administration thought control after going off-script and praising the private-equity firm that succeeded in creating net jobs, unlike presidential investment Solyndra. The White House must have had a bad case of the vapors when Newark Mayor Cory Booker, viewed in some quarters as a practical, non-ideological problem-solver, praised the record of Mitt Romney's former private firm Bain Capital, before a national audience on NBC's "Meet The Press," and eschewed attacks of a type he found "nauseating." "I have to just say from a very personal level, I'm not about to sit here and indict...
  • Role of American capitalism on trial

    05/20/2012 7:41:04 PM PDT · by Innovative · 14 replies
    Washington Post ^ | May 20, 2012 | Robert J. Samuelson
    This election is being fought along the traditional skirmish line of capital versus labor. President Obama projects himself as the protector of workers and families who are preyed upon by greedy and wealthy capitalists. Mitt Romney counters that the president doesn't understand business and that his antagonism discourages private investment and job creation. A couple of observations on the table. First, capital income doesn't flow just to "fat cats." It also goes to small businesses, retirement accounts, college endowments, ordinary shareholders, landlords and people who collect interest. Second, labor's shrinking share isn't necessarily a disaster for workers. What else is...
  • Cash-strapped G8 looks to private sector in hunger fight [BO "discovers" food stamps aren't enough]

    05/18/2012 4:12:16 AM PDT · by SoFloFreeper
    Reuters ^ | 5/18/12 | Andrew Quinn
    Obama to announce new public/private effort... Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers are turning to the private sector to help fight hunger and malnutrition for up to a billion people beset by shortages, droughts and rising food prices.
  • Capitalists and Other Psychopaths

    05/14/2012 10:04:12 AM PDT · by fight_truth_decay · 44 replies
    NYTIMES Sunday Review ^ | May 12-13, 2012 | WILLIAM DERESIEWICZ
    THERE is an ongoing debate in this country about the rich: who they are, what their social role may be, whether they are good or bad. Well, consider the following. A recent study found that 10 percent of people who work on Wall Street are “clinical psychopaths,” exhibiting a lack of interest in and empathy for others and an “unparalleled capacity for lying, fabrication, and manipulation.” (The proportion at large is 1 percent.) Another study concluded that the rich are more likely to lie, cheat and break the law. The only thing that puzzles me about these claims is that...
  • Hamster torture at Shenyang trade fair

    05/14/2012 6:34:10 AM PDT · by Makana · 16 replies ^ | May 14, 2012 | Shanghaiist reader "Revolted in Shenyang"
    Anyhow, what you see in the video is a woman selling some kind of pest-control for rats that plugs into an electrical socket like a night-light. On her table she has varyingly one or two hamsters in a cage. I've walked past her several times over the past 2 days and sometimes it's one, sometimes it's two. During her fast-paced sales-pitch she will take out the night-light device and plug it into a yellow extension cord socket on her left. As she plugs it in the hamsters instantly fall onto their backs or sides and begin writhing and convulsing violently....
  • Hybrid Economics, Torah Style

    05/10/2012 8:08:36 AM PDT · by Zionist Conspirator · 5 replies
    And if your brother becomes poor, and his means fail with you, and you shall uphold him: as a stranger and a settler shall he live with you. Take no interest from him or increase; but fear your G-d; so that your brother may live with you. You shall not give him your money with interest, or give your food for increase. I am Hashem your G-d, who brought you forth out of the land of Egypt, to give you the land of Canaan, to be your G-d. (From this week's Torah portion, Behar, Leviticus 25:35-38) The Torah portion of...
  • Occupier Thanks Former Soviet Citizen for 'Converting' Him to Capitalism, Pro-Israel, Pro-USA

    05/09/2012 9:57:05 PM PDT · by hamboy · 30 replies
    MRCTV ^ | May 8, 2012 | Joe Schoffstall
      This is just downright amazing and frankly I'm surprised this video slipped under the radar. Here, a man who was born and lived for decades in the Soviet Union successfully converts an Occupier to Capitalism, to understand Israel's side of the Middle East conflict, and to pro-American ideals all within a 15 minute time frame. He even thanks the man afterwards. Give props where they're due, at least the Occupier was willing to hear the man out without screaming in his face, unlike almost every single one of them.  The video was shot during the May Day protests in...
  • Paul Ryan: Obama's 'Julia' website 'creepy' and 'demeaning'

    05/05/2012 8:21:37 PM PDT · by bramps · 31 replies
    THE HILL ^ | 5/4/2012 | JUSTIN SINK
    House Budget Committee Chairman Paul Ryan (R-Wis.) said Friday that the Obama campaign's new website — which uses a fictionalized woman named Julia to illustrate how the president's policies help female voters — is "creepy" and "demeaning." “It suggests that this woman can’t go anywhere in life without Barack Obama’s government-centered society. It’s kind of demeaning to her,” Ryan said during a constituent meeting in Wisconsin, the National Review reports. “She must have him and his big government to depend on to go anywhere in life. It doesn’t say much about his faith in Julia.”
  • The main-street Republican values of ... Burning Man?

    05/04/2012 6:00:15 PM PDT · by redreno · 12 replies
    Washington Post ^ | 05/03/2012 | by Suzy Khimm
    Go to Burning Man, and you’ll find everything from a thunderdome battle between a couple in tiger-striped bodypaint to a man dressed as a gigantic blueberry muffin on wheels. But underneath it all, says the festival’s co-founder, Larry Harvey, is “old-fashioned capitalism.”
  • Speculators (Saturbray)

    04/28/2012 7:52:13 AM PDT · by bray · 1 replies ^ | 4/28/12 | bray
    And this is LOVE: that we walk in obedience to his commands. As you have heard from the beginning, his command is that you walk in LOVE. 2 John 1:6 President Noilbama gave a passionate speech on the need to stop those evil oil speculators who have been driving the price of gas up. If he was serious about it he would pass an executive order making the Democrat Party illegal since they have been speculating the oil prices up for four decades. Everything you eat, drink or live in is completely founded on the price of energy. When you...
  • Does Asteroid Mining Violate Space Law? (Libs say yes)

    04/24/2012 6:01:59 PM PDT · by Dallas59 · 50 replies
    Yahoo News ^ | 4/24/2012 | Yahoo News
    Several well-known billionaires are forming the new company Planetary Resources with plans to send a robotic spacecraft to mine precious metals from an asteroid and bring them back to Earth. Google executives Larry Page and Eric Schmidt and their business partners say the enterprise will "add trillions to the global GDP." But to whom do those trillions belong — the company, or everyone? Does a private company have a right to stake claim to an asteroid, or are celestial bodies such as the moon, planets and asteroids the communal property of all Earthlings? "The law on this is not settled...
  • The next Venezuela? Argentina to nationalize oil company [Obama's Dream for America]

    04/17/2012 11:17:52 AM PDT · by SoFloFreeper · 11 replies
    Christian Science Monitor ^ | 4/17/12 | Jonathan Gilbert
    When Argentine President Cristina Fernández de Kirchner abruptly left the Summit of the Americas, it was reported that she did so over the lack of support for her country's claim to the British-controlled Falkland Islands. Yesterday, President Kirchner revealed another reason she returned to Buenos Aires: to announce the nationalization of the Argentine oil company, YPF, whose majority stakeholder is the Spanish energy firm, Repsol. The move has infuriated Repsol and Spanish officials, and raised concerns that this may be the first of many expropriations of privately run companies in Argentina, putting the government on the path toward a Hugo...
  • Yes They Are Communists

    04/16/2012 11:04:00 AM PDT · by Shout Bits · 13 replies
    Shout Bits Blog ^ | 04/16/2012 | Shout Bits
    I have here in my hand a list of 205 . . . a list of names that were made known to the Secretary of State as being members of the Communist Party and who nevertheless are still working and shaping policy in the State Department. – Sen. Joseph McCarthy, February 9, 1950 There's about 78 to 81 members of the Democratic Party that are members of the Communist Party. – Rep. Allen West, April 10, 2012 Rep. West touched on the Left's favorite live wire, McCarthyism. Of course West has a long history of pushing the Left's buttons to...
  • You My Friend are No Ronald reagan

    04/15/2012 5:19:50 AM PDT · by ShelleyAa · 4 replies
    You My Friend Are No Ronald Reagan! Current events suggest President Obama is to be thought of as, "Reagan - like." For many with strong remembrance of President Ronald Reagan, Obama cannot compare. History will remind us that President Reagan, "The Great Communicator,"continually conveyed love of country; it's people and history. He strived to bring us together, having pride in country and gratitude for its blessings. Whereas, Obama, with arrogance, has pushed an unsolicited agenda, purposefully, rewrote history, shown contempt for nation with his "apology tour,"and avoided acknowledgment of, "The City on the Hill." President Reagan stood with conviction for...
  • Van Jones Seemingly Thrilled With Capitalism When It Comes To Selling His Book

    04/01/2012 3:21:41 PM PDT · by Nachum · 7 replies
    The Blaze ^ | 4/1/12 | Erica Ritz
    Excerpted from TheBlaze – Van Jones has been making the rounds on various media outlets recently to promote his new book, “Rebuild the Dream.” But some are asking, won’t the former “green jobs czar” and “Occupy” advocate feel uncomfortable with his riches in the often-protested 1%? He said just this weekend that “[The] Occupy movement pretty much saved the entire country from destruction,” and we all know how Occupiers feel about greedy capitalists. Some are even saying Jones appears “super excited” about the capitalist system. He took the time to direct his Twitter followers to his book’s page on Amazon...
  • The Vetting: Obama's Pal Ayers Says 'I Get Up Every Morning And Think Today I'm Going To End

    03/31/2012 10:51:09 PM PDT · by Nachum · 18 replies
    Breitbart ^ | 3/31/12 | staff
    In 2008, candidate Obama called Bill Ayers an "English Professor" who he knows and runs into in his neighborhood. He condemned "despicable acts" Ayers committed when Obama was "eight years old."
  • China, Marx, USA or Scandinavia?

    03/24/2012 6:40:20 AM PDT · by WesternCulture · 19 replies · 1+ views
    03/24/2012 | WesternCulture
    Everyone knows the US today is the single most powerful nation on Earth and corners of Europe like Switzerland, Scandinavia and Luxemburg are the richest (yes, Qatar is pretty rich too). But what part, if any, will lead the World in say 200 years from now? Marxists claim the US is heading for a fall. Perhaps it is, but don't expect North Korea or Cuba to take its place. Hundreds of times, I've been telling members of this forum what is right about Scandinavia. We dare to stand up for freedom of speech, we dare to fight Islamofascism, we dare...
  • Obama’s Crony Capitalism and His Top 2008 Donors

    03/22/2012 12:34:05 PM PDT · by Freemarkets101 · 4 replies
    The New American ^ | 3/22/12 | Brian Koenig
    President Obama raised several hundred million dollars during the 2008 election, more than twice what Republican rival John McCain raised and a far cry more than any other U.S. President before him. The result? Obama’s fundraising achievements have ushered in a degree of crony capitalism Americans have quite possibly never witnessed before. The voluminous scale of political favoritism, and in some cases downright corruption, in the current administration has undermined taxpayers and trampled on the U.S. Constitution, as corporate bailouts, legislative kickbacks, and shady government appointments have become commonplace in the Obama White House. Crony capitalism, also referred to as...
  • When Taxes Don't Have The Desired Effect

    03/20/2012 3:44:21 PM PDT · by greywar · 31 replies
    zPatriot ^ | 3/20/2012 | Sergeant Greywar
    Even small dis-incentives can drive economic activity to die off or move.While discussing the near inevitability of a tax on buying or selling shares in a company (separate for already existing taxes for gains from those transaction) the German newspaper Der Speigel cites the British experiment with exactly this sort of tax:  To see why, one must look no further than the meager successes of the British stock exchange tax, which only applies to share transactions, which constitute a tiny portion of all financial transactions. Since the introduction of the "Stamp Duty Reserve Tax" of 0.5 percent on the sale...
  • 5 Reasons Socialism Is Inferior To Capitalism

    03/20/2012 4:00:49 AM PDT · by Kaslin · 19 replies ^ | March 20, 2012 | John Hawkins
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries." -- Winston Churchill Saying that capitalism is better than socialism is like saying that winning a million dollars is better than being in a high impact car crash. In other words, if you have an open mind, a good grasp on human nature and economics, and a passing knowledge of world history, there's absolutely no question that capitalism is superior to socialism. Unfortunately, this lesson has been lost on a lot of people because our school systems...
  • VIDEO: Apple Factory Critic Admits Fabricating Stories

    03/17/2012 5:48:33 AM PDT · by PJ-Comix · 39 replies · 1+ views
    YouTube ^ | March 16, 2012 | Buzz 60
    The activist actor who campaigned against working conditions at Chinese factories that make iPads and iPhones now admits he fabricated much of his "reporting." Mike Daisey went on NPR's This American Life and theater stages and TV talk shows with emotional tales of shocking hardships. Now Tim Minton says moral outrage is against him.VIDEO
  • When Hate of Capitalism Trumps "Journalistic Ethics"

    03/16/2012 1:36:26 PM PDT · by greywar · 5 replies
    zPatriot ^ | 3/16/2012 | Sergeant Greywar
    Some professional journalists enjoy pooh pooh-ing the blogosphere because we lowly citizens simply don't have the required "layers and layers of fact checkers" that Real Journalists have to vett their articles though. But what happens when a Real Journalist organization really really really wants something to be true? Well then those layers of fact checking can go by the wayside like they did with this "expose" of Big Greedy Capitalist Apple and Demon Western Materialism (the iPhone). My favorite bit is where the author of the piece so desperately wants to paint Westerners as being so Greedy That Workers Must...
  • Core differences so apparent [Industry innovates, government stagnates]

    03/09/2012 3:35:12 AM PST · by suspects · 5 replies
    Boston Herald ^ | March 9, 2012 | Michael Graham
    If the first iPad, released in April 2010, were a government program, it would be the most successful Washington initiative in history. Apple has sold more than 50 million iPads so far, and they are expected to sell another 50 million this year alone. Their nearest competitor, Samsung, is expected to sell just 8 million. In fact, 83 percent of all tablet users in the United States had iPads last year, according to a Wall Street Journal report. The astonishing success of the iPad has helped make Apple the most valuable company in the world. And what is Apple doing...
  • "Capitalism Gives Us The iPad. Government Gives Us...The Postal System"

    03/09/2012 3:35:04 AM PST · by suspects · 5 replies
    Boston Herald ^ | March 9, 2012 | Michael Graham
    If the first iPad, released in April 2010, were a government program, it would be the most successful Washington initiative in history. Apple has sold more than 50 million iPads so far, and they are expected to sell another 50 million this year alone. Their nearest competitor, Samsung, is expected to sell just 8 million. In fact, 83 percent of all tablet users in the United States had iPads last year, according to a Wall Street Journal report. The astonishing success of the iPad has helped make Apple the most valuable company in the world. And what is Apple doing...
  • [OWS wishing for] The End of Capitalism

    03/06/2012 8:11:43 AM PST · by greywar · 12 replies
    zPatriot ^ | 3/6/2012 | Thomas Pane
    Does anyone think it ironic that a group of Occupy leaders traveled to Iran to discuss the inequality in the United States? The Iranian leaders reveled in this and proclaimed, “This movement will bring about the end of Capitalism, and destroy the US government.” One of the leaders that travel to Iran commented on how she didn’t feel very safe in Iran, "You don't know what the level of control is, so you don't want to go places where you could get yourself into trouble," she said. "There's no U.S. Embassy there. There's no support mechanism. So I didn't feel...
  • Democracy and capitalism cannot coexist. Why? Democracy is inherently socialistic

    03/05/2012 7:48:50 AM PST · by ProgressingAmerica · 21 replies
    At the Occupy Strategy Session at New York University, all the usual suspects are once again targeting capitalism. This isn't surprising, anybody who digs into the roots of all this 'Occupy' stuff will quickly see that it's all based on progressivism and central planning - with a hint of socialism, a hint of communism, and they have even teamed up with Islamists. But this business about the incompatibility of capitalism and democracy. What makes that true? In 1887, Woodrow Wilson wrote an essay titled "Socialism and Democracy", and in my original entry I wrote an observation about mobs. We've all...
  • Yahoo Joins the Attack on Capitalism

    Yahoo is in lock step with the liberal propaganda machine which is trying to artificially create a class warfare battle prior to this year’s election cycle that would make Vladimir Lenin proud. The article in question is currently Yahoo’s lead story and features a photo of Euro Pacific Capital Marketing Director Andrew Schiff. The caption under his picture reads “Andrew Schiff makes enough to put him in the top 1%, but he says it’s not enough.” Underneath the scrolling articles is a group of five thumbnail captions, this caption is even more inflammatory stating “banker’s $350K pay not enough.” To...
  • Global Caliphate Conference Planned for Austria Next Month

    02/24/2012 4:02:43 PM PST · by george76 · 23 replies
    The Blaze ^ | February 21, 2012 | Sharona Schwartz
    “The relentless decline of Capitalism has begun. The time has come to fight against poverty. Time to obliterate the injustices. Time for the correct system.” So declares a video promoting the global “Caliphate Conference 2012” next month in Austria, suggesting the “correct system” is an international Islamic-based one replacing capitalism, which the video blames for catastrophe, civil war, and never-ending poverty. Organized by the fundamentalist Islamist group Hizb ut-Tahrir, the conference will take place on March 10th south of Vienna. ... a similar conference scheduled for March 4th in Belgium was cancelled after local opposition. The Blaze reported on the...
  • Corporations Aren’t Parasites

    02/20/2012 10:47:29 AM PST · by Shout Bits · 6 replies
    Shout Bits Blog ^ | 2/20/2012 | Shout Bits
    People who dismiss the unemployed and dependent as "parasites" fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Such is the ruling class in a capitalist society. – Jason Read Associate Professor Read's catchy word-bite is making the rounds of gullible Facebookers. Read's quote and blog seem to advocate for the intersection of modern Communization and the anarchistic breakdown of traditional culture; in short he is an ivory tower Occupier. As with Jeffrey Clements's middling book Corporations...
  • Rick Loses Market Value (If it stops moving, subsidize it?)

    02/17/2012 2:50:06 PM PST · by JediJones · 93 replies · 1+ views
    The Daily ^ | 2/17/2012 | Dan Hirschhorn
    Rick Santorum is touting his promise to eliminate corporate taxes on manufacturers...[that's] coming under scrutiny from conservatives who are decrying it as thoroughly unconservative. ...[Santorum] added: “We need to have a manufacturing base in this economy. Why? Because of our national security.” ...advocates for other sectors of the economy quietly gripe that they’d be effectively underwriting paying a higher tax rate... “Giving a preferential rate is picking winners and losers through the tax code,” said Curtis Dubay, a tax policy analyst at the Heritage Foundation... “This is not free-market economics, this is trying to tilt the market toward manufacturing,...
  • Is It Possible to Criticize Some Aspects of Capitalism, Without Being Labelled a Socialist?

    02/17/2012 8:05:14 AM PST · by pinochet · 69 replies
    The leader of the Russian Communist Revolution, Vladmir Lenin, once declared that: "The capitalists will give us the rope, which we shall use to hang them". For most of American history, capitalism has been a force for good, because most of America's leading capitalists were patriotic citizens, who were also devout Christians. So long as American capitalism is in the hands of patriotic Christians, the forces of capitalism can be harnessed to do a lot of good for America and the world. J. D. Rockefeller's fortune built the University of Chicago and other useful projects during his lifetime. American capitalist...
  • 50-year-old CARTOON TRIED TO WARN US

    02/05/2012 10:10:00 AM PST · by Sprite518 · 30 replies
    Youtube ^ | 3/15/2010
    I thought it was worth spreading around.
  • Was Jesus A Socialist, Capitalist Or Something Else?

    01/31/2012 7:05:50 PM PST · by billflax · 54 replies
    Forbes ^ | 01/31/2012 | Bill Flax
    It’s fascinating how frequently modern dilettantes re-make Christ in their image via Matthew 25. Socialists finesse Scripture to justify redistributing wealth to “the least of these” (Matthew 25:40), while capitalists overplay the Parable of the Talents (Matthew 25:14-30). Both tout Christ’s teachings as a trump card. Other passages are mentioned. Socialists highlight descriptions in Acts of voluntary, privately orchestrated, local and temporary communalization to prescribe permanent, coerced communism under a distant, godless government. But Matthew 25 leads from both directions. The rapidity and carelessness of these misappropriations of “End Time” parables startles anyone who actually reads Matthew 25. Either these...
  • Socialism's Fundamental Flaws

    01/30/2012 4:45:36 PM PST · by bcafrotc · 6 replies
    American Thinker ^ | November 19, 2011 | Andy Logar
    The official, ultimate demise of the greatest socialist experiment in history, that of the Union of Soviet Socialist Republics, occurred, ironically, on Christmas Day 1991, but only after it had dispossessed, imprisoned, tortured and murdered untold millions of its own citizen in the quest for the workers' chimerical paradise of equality and fairness, where each was projected to produce according to his ability and receive according to his needs. After 69 years of unremitting misery for the overwhelming majority of its people -- the socialist Nirvana never coming even remotely within sight -- the inevitable economic collapse took place, leaving...
  • The Rise of Socialism

    01/30/2012 1:37:12 PM PST · by arthurus · 5 replies
    Right Side News ^ | 30 January 2012 | Ray Peach
    The modern history of socialism can be traced to the renaissance and the age of enlightenment. When the Germanic tribes invaded ancient Rome, they brought with them a Teutonic religion centered on the worship of Odin (WĹŤden), the ruler of Asgard, and the Earth Goddess Nerthus. After the fall of Rome, Christians replaced the worship of Odin and his pantheon of gods with the worship of Jesus Christ, but the conversion was not total.
  • What the Bible Teaches About Capitalism

    01/30/2012 8:35:39 AM PST · by ruralvoter · 33 replies · 1+ views
    Wall Street Journal ^ | 1/29/12 | Aryeh Spero
    Who would have expected that in a Republican primary campaign the single biggest complaint among candidates would be that the front-runner has taken capitalism too far? As if his success and achievement were evidence of something unethical and immoral? President Obama and other redistributionists must be rejoicing that their assumptions about rugged capitalism and the 1% have been given such legitimacy. More than any other nation, the United States was founded on broad themes of morality rooted in a specific religious perspective. We call this the Judeo-Christian ethos, and within it resides a ringing endorsement of capitalism as a moral...
  • Bain used legalized theft (bankruptcy) to privative profit and socialize loss.

    01/27/2012 8:40:26 PM PST · by liberty2all · 19 replies · 1+ views
    I’m so tired of the refrain that a critique of Mitt Romney’s work at Bain is “an attack on capitalism.” Capitalism means that you RISK capital, so that you will profit if things go well and you will incur a loss if things go poorly. Private equity firms, like Bain, are in the business of maximizing profit for investors (not to “create jobs” as characterized by Romney supporters), which is perfectly reasonable and legal. To do that, private equity firms often make investments then extract “consulting fees” and “special dividends” in excess of the original investment to ensure that no...
  • Gandhi and India's economy

    01/25/2012 8:44:36 AM PST · by yinandyang · 21 replies
    They also fail to understand Gandhi's rationale for spinning his own cloth, and why he advised others to do the same. Mohandas Gandhi appreciated that importing cloth from England to India only helped the factories in the UK and hurt tax payers in India. By spinning his own clothes, he hurt England where it mattered - in the pocket. Similarly, Mr. Kyle fails to understand Gandhi's brilliance in the Dandi salt march. The English taxed salt, and by making his own salt, Gandhi was revolting against taxation without representation. He was also freeing the poor in India from the English...
  • Is Newt Gingrich the Capitalist Raider That America Needs?

    01/22/2012 11:33:37 PM PST · by gabriellah · 12 replies
    TheCollegeConservative ^ | 01/23/2012 | Alex Rued
    Merely mentioning politics today gives rise to sequential eye rolls, groans, and headshakes. Campaign speeches imbedded with empty rhetoric oftentimes leave Americans exasperated, suspecting that candidates possess little knowledge of the issues discussed. Politicking in 2012 appears be nothing short of conventional. GOP candidates, recurrently garnering media attention for their inanity rather than insight, have yet to recoup Americans’ faith in politics. In fact, last month’s Gallup polls revealed unprecedented levels of cynicism regarding our political system and the electoral process. Congress’ job approval rating stands at a meager 17%, the worst in Gallup history, and 70% of Americans “can’t...
  • Speaking of jobs and American energy: Romney in 2003: Coal plant ‘kills people’

    Just days after his 2002 election, Mr. Romney hired Douglas Foy, one of the state’s most prominent environmental activists, and put him in charge of supervising four state agencies. Gov. Mitt Romney and Douglas Foy at a March 2006 event. Mr. Foy had initiated a lawsuit that led to the cleanup of Boston Harbor and had worked to protect fishing grounds and seashores. Once in the Romney administration, he served as the governor’s negotiator on a regional climate-change initiative and put emissions caps in place for coal-fired power plants. With Mr. Foy by his side, Mr. Romney joined activists outside...
  • "Free-enterprise Critics are Intellectually Bankrupt"

    01/19/2012 1:12:34 PM PST · by Aspenhuskerette · 9 replies
    The Aspen Times ^ | January 19,2012 | Melanie Sturm
    When Paul Simon sang “Mama don't take my Kodachrome” in 1973, he claimed he'd “read the writing on the wall,” but he couldn't have foreseen how a transformative technology — making photos from digits — would render obsolete his precious color film. The global brand icon that revolutionized photography, making it affordable and convenient for ordinary people, now teeters on the brink of bankruptcy. Unfortunately for Kodak workers and the residents of Rochester, N.Y., consumer choice — not Mama — vaporized Kodachrome. Because election season coincides with economic stagnation, lost jobs and defunct companies are political hot potatoes, putting capitalism...