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Keyword: wealthredistribution

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  • ‘Inequality’ insanity

    05/13/2014 9:03:40 AM PDT · by QT3.14 · 5 replies
    NY Post ^ | May 11, 2014 | Charles Gasparino
    The right is dropping the ball when it comes to Thomas Piketty’s much heralded and totally flawed book on inequality, “Capital in the 21st Century.” This long and lugubrious opus is really an open sore, replete with so much absurdity that shooting it down should be like shooting fish in a barrel. The left has embraced this rant against capitalism — and conservatives should be tying them to it, to expose where all the class-war rhetoric would really bring us.
  • Pope Francis' Wealth Redistribution Is Economically Fallible

    05/10/2014 10:03:40 AM PDT · by SeekAndFind · 23 replies
    IBD ^ | 05/10/2014
    Pope Francis demands wealth redistribution. He forgets St. John Paul's recognition of the "positive role of business, the market, private property" as "the model which ought to be proposed" for the Third World. Addressing U.N. Secretary General Ban Ki-moon and other officials on Friday, the first supreme pontiff from Latin America called for "the legitimate redistribution of economic benefits by the state." Excuse the irreverence, but his holiness may be forgetting the hundreds of millions of souls whose lives have been improved, lengthened, even saved by maximizing capitalism and minimizing government.
  • Using Your Money to Create a Tower of Babel

    05/06/2014 10:28:27 AM PDT · by massmike · 4 replies ^ | 05/06/2014 | Dave Blount
    The most efficient way to destroy a society is to fragment it and turn the pieces against each other. Language plays a big part in getting America out of the way so that a liberal utopia can be constructed in its place. Here is one way our rulers are using our money to encourage foreign colonists not to learn English: The inability to speak English is now considered a determining factor to receive federal disability benefits. Ranking Member of the Senate Budget Committee Jeff Sessions (R., Ala.) sent a letter obtained exclusively by the Free Beacon to Acting Commissioner of...
  • Barack Obama’s Tale of Two Americas

    02/13/2014 12:02:41 PM PST · by Kaslin · 6 replies ^ | February 13, 2014 | Peter Morici
    President Obama is dividing America into two nations—one rich, the other increasingly poor with both more likely to elect Democrats. In fairness, Obama inherited an economy not performing well even before the financial crisis. His recovery has managed only 2.4 percent growth; however, George Bush’s expansion accomplished about the same and then collapsed. Since Bush took office, the U.S. economy has created only 4.7 million jobs—about 30,000 a month and less than one-fourth of those needed to keep pace with population growth. Technology is important. The digital revolution and the consolidation of news and entertainment into the internet, cable,...
  • World’s 85 richest have same wealth as 3.5 billion poorest (says Oxfam)

    01/20/2014 11:46:25 PM PST · by Olog-hai · 52 replies
    NBC News ^ | January 20, 2014 | Li Anne Wong
    The combined wealth of the world’s richest 85 people is now equivalent to that owned by half of the world’s population—or 3.5 billion of the poorest people—according to a new report from Oxfam. In a report titled “Working for the Few” released Monday, the global aid and development organization detailed the extent of global economic inequality created by the rapidly increasing wealth of the richest, warning of the major risks it poses to “human progress.” […] Oxfam said that based on its polls conducted across the world, it is believed that there are many laws and regulations designed to benefit...
  • Loss of jobless aid leaves many with bleak options

    01/12/2014 9:00:44 AM PST · by Olog-hai · 85 replies
    Associated Press ^ | Jan 12, 2014 10:40 AM EST | Josh Boak and Sam Hananel
    A cutoff of benefits for the long-term unemployed has left more than 1.3 million Americans with a stressful decision: What now? Without their unemployment checks, many will abandon what had been a futile search and will no longer look for a job—an exodus that could dwarf the 347,000 Americans who stopped seeking work in December. Beneficiaries have been required to look for work to receive unemployment checks. Some who lost their benefits say they’ll begin an early and unplanned retirement. Others will pile on debt to pay for school and an eventual second career. Many will likely lean on family,...
  • (Germany’s Family) Minister: Taxpayers will fund 32-hour week

    01/11/2014 4:44:00 PM PST · by Olog-hai · 13 replies ^ | 10 Jan 2014 09:16 GMT+01:00 | (DPA/The Local)
    The new family minister has called for the introduction of a 32-hour working week for parents of young children, stating her plan would be funded by taxpayers. Manuela Schwesig said on Friday that mothers and fathers with children under the age of three should not work the current 40-hour week. […] But according to the Berlin-based German Institute for Economic Research (DIW), the plan from the center-left SPD would cost taxpayers €140 million ($191 million) a year. …
  • 10,988,269: 2013 Closes With Record Number on Disability Getting Highest-Ever Monthly Benefits

    12/31/2013 11:06:14 AM PST · by Olog-hai · 24 replies
    Cybercast News Service ^ | December 31, 2013 - 10:57 AM | Terence P. Jeffrey
    The total number of people in the United States now receiving federal disability benefits hit a record 10,988,269 in December, up from the previous record of 10,982,920 set in November, according to newly released data from the Social Security Administration. The average monthly benefit paid to a disabled worker also hit a record of $1,146.43 in December, up from a previous high of $1,130.34 in December of last year. Spouses of disabled workers also got a record average monthly benefit of $308.13 in December, up from a previous high of $304.31 in August. Children of disabled workers also received a...
  • Dead or alive? Social Security can’t always say (spotty data on recipients)

    12/28/2013 6:02:42 AM PST · by Libloather · 22 replies
    Washington Times ^ | 12/27/13 | Tom Howell Jr.
    Federal auditors said Friday the Social Security Administration still struggles with a basic problem — figuring out who is dead and who is not. The question is a crucial one, since federal agencies rely on the administration to cross-match data on deceased persons and avoid paying out federally funded benefits to people who aren’t alive, or to establish accurate benefits for survivors. The administration also maintains a “Death Master File” that is available to the public. “SSA’s methods for processing death reports may result in inaccurate, incomplete or untimely information for users of its death data,” the Government Accountability Office,...
  • The Challenge is Growth, Not Inequality

    12/06/2013 9:33:35 AM PST · by Kaslin · 12 replies ^ | December 6, 2013 | Larry Kudlow
    Either President Obama needs a new speech writer, or he needs a new set of economic policies. Actually, he needs both. Can anyone think of a more boring, banal, irrelevant, or stale speech than the one he gave this Thursday in Washington D.C.? The speech was allegedly on the economy, but more likely it was to divert attention from the Obamacare catastrophe. Whatever the motive, his idea that the defining challenge of our time is to reduce income inequality is completely wrong. In truth, the defining challenge is to restore more rapid economic growth, create substantially more jobs, and significantly...
  • Obama: Income gap a ‘fundamental threat’

    12/05/2013 1:15:33 AM PST · by Cincinatus' Wife · 43 replies
    The Hill ^ | December 4, 2013 | Justin Sink
    President Obama declared rising income inequality a “fundamental threat” to the United States on Wednesday. Speaking in one of the poorest neighborhoods in Washington, D.C., Obama pledged that for the remainder of his presidency, his administration would “focus all our efforts” on addressing an issue that threatens the economy and the American Dream. The hour-long speech had all the trappings of a serious policy address, presenting a legislative agenda for the remaining three years of the Obama administration. But Democratic strategists, liberal economists, and political scientists questioned whether it marked a real shift in focus. Obama has long decried the...
  • Obama: 'Profoundly unequal' economy a 'fundamental threat'

    12/04/2013 10:44:01 AM PST · by Cincinatus' Wife · 16 replies
    The Hill ^ | December 4, 2013 | Justin Sink
    President Obama on Wednesday declared that addressing income inequality would be the focus of “all” of the White House’s efforts “for the rest of my presidency.” In a sweeping address that touched on raising the minimum wage, investing in infrastructure and ending tax breaks for the wealthy, Obama warned that the American economy has become “profoundly unequal,” declaring economic mobility the “challenge of our time.” “The combined trends of increasing inequality and decreasing mobility pose a fundamental threat to the American dream, our way of life, and what we stand for around the globe,” he said in an hour-long speech...
  • Petrus Romanus: Pope Advocates Global Wealth Redistribution,..

    11/29/2013 7:33:39 AM PST · by SatinDoll · 106 replies
    SHTF Plan ^ | Nov. 27, 2013 | Marc Slavo
    [title cont.: ...Renounces Free Market Economics as “Crude and Naive”] Since his coronation, Pope Francis has made waves throughout the Catholic community, often shunning generally accepted Papal tradition for a more modern and progressive world. He is, for lack of a better term, a reformer. From refusing the luxurious living quarters traditionally reserved for the head of the Church in the Vatican, to turning Catholic dogma on its head by suggesting it’s OK to be gay when he addressed the issue by asking, “Who am I to judge?” Francis is unlike any popes who have come before him. By some...
  • UN talks approve climate pact principles

    11/23/2013 1:21:49 PM PST · by Innovative · 28 replies
    Yahoo News/AFP ^ | Nov 23, 2013 | Mariette Le Roux
    Warsaw (AFP) - UN negotiators agreed in overtime talks Saturday on cornerstone issues of an ambitious, global climate pact to be signed in 2015 to stave off dangerous Earth warming. A day after negotiations threatened to collapse, delegates adopted a modified text in Warsaw that both developed and developing countries said they could live with. Developing countries want wealthy states to show how they intend keeping a pledge to bolster public funding for climate aid to $100 billion (74 billion euros) by 2020 -- up from $10 billion a year in the period 2010-12. Rich nations had feared this would...
  • Democrat Voters Confused: “I Didn’t Realize I Would Be The One Who's Going to Pay For It Personally”

    10/13/2013 1:53:26 AM PDT · by 2ndDivisionVet · 40 replies
    SHTF Plan ^ | October 7, 2013 | Mac Slavo
    Back in 2008, when then-candidate Obama promised Joe the Plumber and the rest of America that he intended to spread the wealth around, most democrat and liberal voters embraced the notion of wealth redistribution under the guise of equality. A universal health care plan, that would be free for all Americans, was the promise from the candidate of hope and change. Tens of millions of Americans jumped on the bandwagon waving their flags, fainting at his appearances, and fawning over his every word. None ever thought about where the money would come from for all this new found wealth he...
  • Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth

    06/16/2013 4:02:08 AM PDT · by Kaslin · 6 replies ^ | June 16, 2013 | Daniel J. Mitchell
    I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes or more red ink. So unless one actually thinks that politicians spend money with high levels of effectiveness and efficiency, this certainly suggests that growth will be stronger when the burden of government spending is modest (and if spending is concentrated on “public goods,” which do have a positive “rate of return” for the economy). I’ve also complained (to the point of being a nuisance!) that there are too many...
  • As Obama Gets More Unstable, the Economy Stabilizes, Just as Planned

    06/11/2013 4:07:30 AM PDT · by Kaslin · 17 replies ^ | June 11, 2013 | John Ransom
    Following slight budget cuts and a stalemate on taxes, Standard and Poors has upgraded the outlook for United States debt from negative to stable. Thank goodness for gridlock. “The U.S. has a less than one-in-three likelihood of a downgrade in the ‘near term’ with the revision,” reports Bloomberg. “The New York-based company said it sees ‘tentative improvements,’ such as the deal politicians reached to resolve what became known as the fiscal cliff and through spending cuts in the Budget Control Act of 2011.” Just think what good would happen if the president and Congress actually got together on something? OK-...

    02/04/2013 8:51:04 AM PST · by cricket · 39 replies
    Pat ^ | February 4, 2013 | H/T Sammy Madigan/Lt. Col. Jerry Boykin
    Many speak; but not nearly enough listening. More must 'wake up' and damn the bonds of political correctness - restore 'critical mind' - so that America can recover it's original-intent purpose. Lt.Gen. Jerry Boykin; 'Special Forces'; Green Beret. . .taught at Hampden-Sydney; now Exec.Vice President/Family Rersearch Council - 'owns' his credentials; and so, has both credibility and authority. A video link to share. Lt.Gen.Boykin: marxist insurgency link Further hand/in/hand verification:
  • Just What Was Fundamentally Wrong with Bolshevism?

    11/29/2012 5:29:21 AM PST · by SJackson · 45 replies
    Frontpagemagazine ^ | November 29, 2012 | Steven Plaut
    I recently read the new biography of Trotsky by Oxford don Robert Service, published in 2009 by Pan Books. It is well-written and surprisingly interesting. The book does a great public service in describing the life of the actual Trotsky, whose previous “biographies” were little more than hagiographies written by his toady worshippers (people like Isaac Deutscher). The last time that I had taken any interest in Trotsky was when I was a teenager and had fleeting delusions of believing in “socialism.” Reading the new book as an adult and as an economist, I found it a useful opportunity to...
  • Right Must Summon Moral Courage To Fight Back

    01/25/2013 3:39:59 AM PST · by Kaslin · 6 replies ^ | January 25, 2013 | David Limbaugh
    Welcome to an America with liberalism in full ascendancy as golfer Phil Mickelson apologizes for doing nothing wrong while the Obama administration lambasts its opponents for justly demanding it apologize for doing plenty wrong on Benghazi. Welcome to a land where the gravest problem threatening the nation is spending, where the Democratic president refuses to cut, where the Democratic Senate lawlessly refuses to pass a budget and where Democrats thwart congressional GOP efforts to enact spending and entitlement reform, yet the public is conned into believing that Republicans are the problem. Welcome to a culture in which the political left...
  • Rosa Brooks, Special Coordinator for Rule of Law and Humanitarian Policy

    08/08/2011 3:29:49 PM PDT · by jessduntno · 21 replies
    JessDuntno | Today | Various Sources
    Rosa Brooks serves as Counselor to the Under Secretary of Defense for Policy, Michele Flournoy. In May 2010 she also became Deputy Assistant Secretary of Defense and then Special Coordinator for Rule of Law and Humanitarian Policy. She is running a new Pentagon office dedicated to those issues. She is on leave from her job as a law professor at the Georgetown University Law Center. Brooks is known as a columnist (most recently with the LA Times) and at the Pentagon her portfolio has included both human rights issues and global engagement and strategic communication. Her mother, Barbara Ehrenreich, is...
  • Obama Didn’t Save the Auto Industry: He Took Away 2,200 Dealerships and 120,000 Jobs

    10/01/2012 1:48:35 PM PDT · by NYer · 37 replies
    Laycatholics ^ | October 1, 2012
    As a Catholic who works in the trade association profession in the auto industry it was unsettling to hear President Obama claim that he saved the auto industry. President Obama closed over 2,200 auto dealerships, which caused the losses of decades old family-owned businesses and over 120,000 jobs they provided. The closures were allowed to happen under the false notion that auto dealerships were an expense on their auto maker. The President ignored the fact that auto dealers are not an expense to automakers. Auto makers own none of what you see at auto dealerships. Auto dealers own all their...
  • Taxpayers spent $1.4 billion on Obama family last year, perks questioned in new book

    09/27/2012 6:24:18 AM PDT · by CaptainKrunch · 38 replies
    The Daily Caller ^ | 09/26/2012 | Alex Pappas
    Taxpayers spent $1.4 billion dollars on everything from staffing, housing, flying and entertaining President Obama and his family last year, according to the author of a new book on taxpayer-funded presidential perks.In comparison, British taxpayers spent just $57.8 million on the royal family.Author Robert Keith Gray writes in “Presidential Perks Gone Royal” that Obama isn’t the only president to have taken advantage of the expensive trappings of his office. But the amount of money spent on the first family, he argues, has risen tremendously under the Obama administration and needs to be reined in.Keep reading...
  • Two men charged with stealing $50,000 from Obama Chicago campaign headquarters

    09/22/2012 7:55:13 PM PDT · by tellw · 26 replies
    Chicago Sun-Times ^ | 9/22/12 | Tina Sfondeles
    Two men were behind bars for allegedly stealing more than $50,000 in checks from President Barack Obama’s Chicago campaign headquarters. Jessie Adams, 36, of the 1100 block of Spencer Road in Joliet, was charged with one count of being an organizer of a financial crime enterprise.
  • Some fancy neighborhoods open gates to Section 8 tenants

    09/09/2012 11:20:23 AM PDT · by 2ndDivisionVet · 68 replies
    The South Florida Sun-Sentinel ^ | September 8, 2012 | Megan O'Matz, John Maines and Barbara Hijek
    Here's an odd side effect of South Florida's foreclosure crisis: Some immense homes with pools and three-car garages in gated communities are being rented out to unlikely tenants — poor people paying with Section 8 aid. Among the properties are homes with up to 4,500 square feet of space in private communities with guardhouses and regal names such as "Monarch Lakes" and "Bellagio at Vizcaya." Some of the owners are teetering on foreclosure and gambling they can earn enough money from the federal housing vouchers to stave off the banks. Others bought the properties cheap in foreclosure auctions and want...
  • CA’s Awful Prop. 31: Is This Your Future? [becoming second-class citizens in your own state]

    09/04/2012 10:59:27 AM PDT · by Cincinatus' Wife · 43 replies
    National Review Online - The Corner ^ | September 4, 2012 | Stanley Kurtz
    Wake up California. You are perilously close to ratifying Proposition 31, a sweepingly redistributionist and profoundly undemocratic transformation of your way of life, and you don’t even know what’s at stake. Suburbanites of California, you are the special targets of Prop. 31. Act now, or be turned into second-class citizens in your own state. Wake up America. Look toward the regionalist revolution on California’s horizon. In an era of looming municipal bankruptcies, this could be your fate: robbing the suburbs to pay for the cities. The regionalist transformation now being quietly pressed on California is exactly the sort of change...
  • Forget Obamatax. Are you ready for global taxes?

    07/07/2012 6:25:46 PM PDT · by SeekAndFind · 17 replies
    Hotair ^ | 07/07/2012 | Jazz Shaw
    Just when you think you've identified and outmaneuvered the enemy in front of you, another one comes sneaking up from behind. Yes, I know... you're all worried about the number of taxes in Obamacare and Taxmageddon coming in January. Perhaps you think that by simply electing some new people you'll be in the clear. Guess again.You're living in the global economy now, so why not have some global taxes? Think I'm kidding? How about a global tax on all financial transactions? Now a group of United Nations “independent experts” is pushing the European Union to back a global financial transaction...
  • Man robs Riviera Beach McDonald's wearing Obama mask

    02/05/2012 4:10:03 PM PST · by nickcarraway · 29 replies
    Palm Beach Post ^ | Wednesday, Feb. 1, 2012 | CYNTHIA ROLDAN
    Authorities are seeking the public's help in identifying a man who robbed a McDonald's on Saturday while wearing a President Barack Obama mask. Riviera Beach Police say that the man who held employees of the McDonald's at 3551 Broadway at gunpoint with a silver, semi-automatic handgun, was wearing a mask "resembling a likeness" to Obama. He ordered all employees to the back office at 6:21 a.m., and then ordered the manager to open the safe and place the cash in a cloth bag he brought. Before leaving the restaurant, the man threatened to kill the employees if they did not...
  • What They Don’t Want to Talk About [NY Times Sunday Editorial]

    01/14/2012 9:36:41 PM PST · by Steelfish · 20 replies
    NY Times ^ | January 14, 2012
    EDITORIAL What They Don’t Want to Talk About January 14, 2012 Ever since Newt Gingrich and Rick Perry started criticizing Mitt Romney’s actions at Bain Capital — and talking about the thousands of people laid off as a result of Bain’s investments — party leaders have essentially told them to shut up. That response is a pretty good indication of how deeply party elders fear the issue of economic inequality in the campaign to come. “What the hell are you doing, Newt?” Rudolph Giuliani asked Thursday on Fox News. “This is what Saul Alinsky taught Barack Obama, and what you’re...
  • Government: The redistributionist behemoth

    01/07/2012 8:51:14 AM PST · by Sub-Driver · 14 replies ^ | George F. Will
    Government: The redistributionist behemoth By George F. Will, Published: January 6 Liberals have a rendezvous with regret. Their largest achievement is today’s redistributionist government. But such government is inherently regressive: It tends to distribute power and money to the strong, including itself. Government becomes big by having big ambitions for supplanting markets as society’s primary allocator of wealth and opportunity. Therefore it becomes a magnet for factions muscular enough, in money or numbers or both, to bend government to their advantage. The left’s centuries-old mission is to increase social harmony by decreasing antagonisms arising from disparities of wealth — to...
  • Obama: Not redistributing wealth

    12/11/2011 8:00:13 AM PST · by Sub-Driver · 43 replies
    Obama: Not redistributing wealth (CBS News) In a "60 Minutes" interview with Steve Kroft, President Obama disputes the notion he is trying to redistribute wealth with his plans to treat the country's economic ills. He tells Kroft he's just attempting to deliver the "American Deal" of a strong middle class "where everybody is able to do their part and everybody's able to succeed." Kroft spoke to the president yesterday at the White House and Tuesday in Osawatomie, Kan., for a "60 Minutes" interview to be broadcast Sunday, Dec. 11 at 7:00 p.m. ET/PT. In the interview, Kroft points out that...
  • Feds Raid Million Dollar Home of Welfare Recipient (You gotta see this house!)

    12/05/2011 8:02:20 AM PST · by Halfmanhalfamazing · 44 replies
    The Blaze ^ | December 4th | Christopher Santarelli
    Residents of a wealthy lakefront community near Seattle are surprised to learn that one of their neighbors, who has lived in a $1.2 million home for the last 8 years, is the recipient of more that $1,200 a month in public housing vouchers, federal and state disability, and food stamps. King 5 reports on the couple living large on the taxpayer’s dime:
  • Google: We Want Net Neutrality to Redistribute Your Wealth to Us

    11/01/2011 7:16:46 AM PDT · by Halfmanhalfamazing · 16 replies
    Big Government ^ | October 26th | Seton Motley
    We have often discussed the incredible peril Network Neutrality poses when placed in the hands of government — it’s the incredible economic and First Amendment damage that can (and will) be done by the federal Leviathan once it gets its Net Neutrality tentacles around the World Wide Web. Nearly as pernicious, are the private big companies who benefit from big government generally – and the incredible Big Government power grab that is Net Neutrality specifically. ... There’s the pro-Net Neutrality Media Marxist groups and there’s the $1 million Google in 2006 gave to then: "...funneled at least $100,000...
  • Stein: Americans Who Don't Support Higher Taxes On Rich Are 'Voting Against Their Self-Interest'

    09/02/2011 5:47:31 AM PDT · by governsleastgovernsbest · 34 replies
    NewsBusters ^ | Mark Finkelstein
    Remember "What's The Matter With Kansas?" That was liberal native Kansan Thomas Frank's extended kvetch over the refusal of average Jayhawkers to engage in class warfare by supporting soak-the-rich policies. The same mindset was on display on Morning Joe today. HuffPo's Sam Stein asserted that the failure of many less-than-rich Americans to support tax increases on the rich amounts to voting "against their own self interest." View video here.
  • The Climate Cash Cow

    11/19/2010 5:41:27 PM PST · by Kaslin · 7 replies · 1+ views
    IBD Editorials ^ | November 19, 2010 | Staff
    Hoaxes: A high-ranking member of the U.N.'s Panel on Climate Change admits the group's primary goal is the redistribution of wealth and not environmental protection or saving the Earth. Money, they say, is the root of all evil. It's also the motivating force behind what is left of the climate change movement after the devastating Climate-gate and IPCC scandals that saw the deliberate manipulation of scientific data to spur the world into taking draconian regulatory action. Left for dead, global warm-mongers are busy planning their next move, which should occur at a climate conference in relatively balmy Cancun at month's...
  • Dr. Benjamin Franklin Statement to 1787 Constitutional Convention RE: Executive Salary

    04/18/2010 5:02:58 PM PDT · by dajeeps · 15 replies · 574+ views
    Dr. B. Franklin Madison Debates Saturday June 2, 1787 IN COMMITTEE OF WHOLE Sir. It is with reluctance that I rise to express a disapprobation of any one article of the plan for which we are so much obliged to the honorable gentleman who laid it before us. From its first reading I have borne a good will to it, and in general wished it success. In this particular of salaries to the Executive branch I happen to differ; and as my opinion may appear new and chimerical, it is only from a persuasion that it is right, and from...
  • Gallup: Today’s Democrats Twice as Likely as Depression-Era Americans to Favor Redistributing...

    04/15/2011 2:31:53 PM PDT · by jazusamo · 43 replies
    CNSNews ^ | April 15, 2011 | Terence P. Jeffrey
    Complete title: Gallup: Today’s Democrats Twice as Likely as Depression-Era Americans to Favor Redistributing Wealth ( - Democrats in America today are twice as likely as Americans in the Great Depression era to favor imposing heavy taxes on the rich as a means of redistributing wealth, according to data published today by the Gallup poll. A Gallup poll conducted April 7-11, in the lead-up to the annual deadline for filing federal tax returns, showed that 71 percent of Democrats believe the government should use heavy taxes on the rich to redistribute wealth. In 1939, after ten years of the Great...
  • The Means Testing Temptation

    03/09/2011 5:53:51 AM PST · by reaganaut1 · 52 replies
    American Spectator ^ | March 9, 2011 | Ross Kaminsky
    America's fiscal need for entitlement reform is pushing the discussion about Social Security inexorably toward "means testing," a policy both the left and the right have long avoided. Both sides realize that means testing, namely reducing or eliminating payments from the program to higher income senior citizens, would recast Social Security from its current perception by citizens as a retirement program to one of outright redistribution or welfare. Many Americans see Social Security as a savings plan, albeit a coerced one, and a recent poll by the AARP (which certainly knows how to write poll questions geared to suggest as...
  • Bolivia: Morales says victory ‘deepens democracy’

    08/11/2008 11:42:17 PM PDT · by bruinbirdman · 2 replies · 134+ views
    The Financial Times ^ | 8/11/2008 | Naomi Mapstone in La Paz
    Evo Morales, Bolivia’s president, has claimed a reinvigorated mandate for constitutional reform after a partial count of Sunday’s recall referendum showed he had won more than 60 per cent of a national vote of confidence in his government. The president is expected to move swiftly to seek approval for a draft constitution that would redistribute wealth from the hydrocarbons industry, intro­duce land reform and open his way to run for a second term. Addressing supporters from the balcony of the presidential palace on Sunday, Mr Morales said the vote had “deepened democracy”. “We are convinced that it is important to...
  • Shocking Video Of Howard Dean Declaring The Job Of Government To Redistribute Our Wealth

    02/09/2011 4:23:14 AM PST · by lbryce · 46 replies
    The Economic Collapse ^ | February 9, 2011 | Staff
    In the shocking video you are about to watch, Howard Dean declares that it is the job of the government to redistribute our wealth. Not only that, he says it in such a way that indicates that he believes that such a notion should be obvious to anyone with half a brain. Well, while it is true that the United States has become a highly socialized nation, the reality is that this is not what the founding fathers intended. The founders intended for us to live in a land where we would have enough freedom and enough liberty to...

    12/09/2010 7:13:09 AM PST · by GailA · 22 replies · 1+ views
    Beginning in 2011, people who pay the income-related Part B premium will also pay an additional income-related Part D premium, known as a monthly adjustment amount. The monthly adjustment amount is not related to the premium of the plan in which such beneficiaries are enrolled, but is based on a percentage of the Base Beneficiary Premium for the year as determined by CMS. Thus, an individual with modified adjusted gross income of $86,000 will have a Part D monthly adjustment amount of $12.00 withheld from his/her check regardless of whether s/he enrolls in a plan with a premium of $14.85...
  • Senate OKs $4.6 Billion Bill for American Indians, Black Farmers

    11/21/2010 6:58:19 AM PST · by yoe · 16 replies
    PBS ^ | November 19, 2010 | By: Quinn Bowman and Linda J. Scott
    Late Friday afternoon in an almost empty U.S. Capitol, the Senate passed by a voice vote approximately $4.6 billion in payments for black farmers and American Indian tribes who claimed discrimination by the federal government. Included was a $1.25 billion fund to be used for payment to black farmers who settled a racial discrimination lawsuit against the Department of Agriculture in 1999 but have not yet been paid. The bill will have to pass in the House of Representatives before it can go to President Obama for a signature. According to The Associated Press, the payments will be funded by...
  • Senate Votes $4.6 Billion for Indian, Black Farmer Settlements

    11/21/2010 4:09:41 AM PST · by VU4G10 · 33 replies ^ | Nov 20 | Alan Bjerga
    The U.S. Senate yesterday approved spending $4.6 billion to settle two lawsuits: one by black farmers who alleged racial discrimination by government lenders and the other by 300,000 American Indians who said they had been cheated out of land royalties dating to 1887. Passage of the measure, by voice vote, unblocks a legislative logjam that has thwarted payouts, negotiated by the Obama administration, of $1.15 billion to the black farmers and $3.4 billion to the American Indians.
  • Rich Nations Urged to Weigh 'Robin Hood' Tax to Help Poor

    11/10/2010 4:32:26 PM PST · by rightistight · 21 replies
    Fox News ^ | 11/10/10
    As President Obama huddles with world leaders for the G-20 summit in South Korea to weigh proposals aimed at stabilizing the global economy, one idea being pushed is a so-called "Robin Hood tax," aimed at collecting money from rich nations to give to the poor. The Robin Hood tax -- a global financial transaction fee that could raise hundreds of billions of dollars to pay the cost of the global financial crisis and support developing nations struggling to recover -- is not popular. While Britain, France and Germany have championed a bank tax for all G-20 nations, finance chiefs from...
  • New Mexico to Implement First-in-the-Nation Rules to Reduce GW Pollutants from Multiple Sectors

    11/10/2010 9:49:32 AM PST · by EBH · 21 replies
    The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three the most comprehensive greenhouse gas (GHG) pollution reduction regulations in the nation. The rules, proposed by the New Mexico Environment Department, will reduce global warming pollutants through a regional cap on GHG emissions. “Addressing climate change immediately is the right thing to do—I am pleased that the EIB adopted the program I have worked so hard to develop,” Governor Bill Richardson said. “I call on the federal government to build on New Mexico’s program and the WCI to implement a national cap-and-trade system.” “I applaud...
  • The UN's $7 Trillion Socialist Scam

    02/11/2006 6:02:20 PM PST · by Tailgunner Joe · 51 replies · 1,658+ views ^ | February 10, 2006 | Joseph Klein
    The United Nations says it can end poverty, stop global warming, and end the threat of contagious disease while also unlocking $7 trillion of hidden wealth from developing nations in the process. If this sounds too good to be true, that’s because it is. In a new book launched with great fanfare at last month’s World Economic Forum in Davos, Switzerland, The New Public Finance: Responding to Global Challenges, the United Nations Development Programme (UNDP) claims to offer “innovative financial mechanisms that could dramatically reduce the cost of managing global risks can now be implemented by governments across the world.”...
  • $100B/Yr Climate Finance Challenging, But Possible (global taxes!) - UN Panel (Soros)

    11/06/2010 11:28:07 PM PDT · by SmartInsight · 33 replies
    WSJ ^ | Nov. 5, 2010 | Selina Williams
    Raising $100 billion a year of climate finance by 2020 is challenging, but possible through mechanisms including carbon markets, domestic carbon taxes and a variety of international transportation taxes, a United Nations advisory group said in a report Friday. Earlier this year, the UN's Ban established the panel, which includes U.S. National Economic Council Director Larry Summers, billionaire financier George Soros and Deutsche Bank vice-chairman Caio Koch-Weser. The financing will be used to support mitigation and adaptation efforts in developing countries--in particular, for the poorest and most vulnerable communities.
  • Obama - Huey Long "Sharing our Wealth" reincarnated?

    Huey Long: Now in the third year of his administration, we find more of our people unemployed than at any other time. We find our houses empty and our people hungry, many of them half-clothed and many of them not clothed at all. Mr. Hopkins announced twenty-two millions on the dole, a new high-water mark in that particular sum, a few weeks ago. We find not only the people going further into debt, but that the United States is going further into debt. The states are going further into debt, and the cities and towns are even going into bankruptcy....
  • Is Another Economics Possible? [Socialists slowly taking their masks off]

    07/19/2010 6:09:08 PM PDT · by 2ndDivisionVet · 15 replies · 1+ views
    The New York Times ^ | July 19, 2010 | Professor Nancy Folbre
    “Another World Is Possible” is the slogan of the World Social Forum, an event first convened in Porto Alegre, Brazil, in 2001 as a challenge to the World Economic Forum, the annual gathering of the world’s political and corporate leaders in Davos, Switzerland. The possible world imagined in Brazil (and at subsequent gatherings of the World Social Forum) is based on more cooperative, sustainable, egalitarian and democratic institutions than those favored at Davos. It is designed and implemented from the bottom up rather than the top down, in opposition to both authoritarian state planning and capitalist profit maximization. “Another U.S....
  • Obama Science Czar Called for Carbon Tax to Redistribute Wealth from Global 'North' to 'South'

    07/07/2010 3:17:42 PM PDT · by jazusamo · 23 replies
    CNSNews ^ | July 7, 2010 | Christopher Neefus
    ( – Dr. John P. Holdren, who then-President-elect Barack Obama nominated as director of the White House Office of Science and Technology Policy in December 2008, called five months before that for a global climate-change agreement that would allow wealth to be redistributed from countries in the global "North" to countries in the "South." On the July 3, 2008 edition of the liberal program “Democracy NOW!” Holdren told host Amy Goodman: “It’s important that we have a global agreement on how we are going to limit the emissions of carbon dioxide and other greenhouse gases going forward, and an agreement that will include the tropical...