Posted by
Kenneth G. Davenport on Saturday, August 09, 2008 3:21:25 PM
If you care about this country and our system of free enterprise and entrepreneurship -- and don't want to be swallowed by a Marxist economic model -- what follows is a MUST READ. f you don't read anything else this weekend, please read this! (Courtesy of Donald Douglas, a fellow conservative blogger -- who is also a must-read at American Power):
Peter Ferrara writes in Obama's Left-Wing Extremism about just how radical Obama's economic policies will be:
"Barack Obama has proposed increasing every major Federal tax. He supports increasing individual income tax rates, allowing the Bush tax cuts, which cut rates for all income levels, to expire. He has proposed almost doubling the capital gains tax rate, from 15% today to 28%. He supports more than doubling the tax on dividends, from 15% to as high as 39%. He has proposed numerous corporate tax increases. He supports increasing the death tax back to the stratospheric levels that applied before President Bush. He supports increasing the payroll tax on higher income earners.
But Obama needs those tax increases to finance his promised massive increases in government spending approaching a trillion dollars over four years. All projections show that America cannot afford all the entitlement promises it has already made, with Federal spending projected to almost double relative to the economy over the next 35 years. Obama just ignores this looming crisis, and, instead, promises to add the largest entitlement of all, national health insurance. All of these nationalized health programs around the world start by promising free health care for everyone, but end up with rigid, stifling bureaucracies designed to deny care to control runaway costs. Our nation's health care problems can be solved without massive new government spending and control, and the deteriorating quality and freedom of choice in health care that inevitably involves. But instead of new and innovative ideas that would increase patient power and choice, Obama serves the Left that wants to use our health care problems as an excuse for more government power and control. Instead of the promise of a new unity and hope, Obama promises to take us back to the already failed ideas of the past.
BUT THIS IS ONLY the beginning. In legislation he has already introduced in Congress, Obama proposes a new global war on poverty financed by American taxpayers. The bill would commit the U.S. to the goal of the 2000 United Nations Millennium Summit to reduce world poverty by 2015. The head of this UN project has already called for a new global tax to finance this goal. For now, Obama's bill would increase U.S. foreign aid by $65 billion a year toward this end."
So now we're going to end poverty around the world on the backs of American workers! More subsidization of corrupt governments who will steal our money while continuing the oppression of their peoples. Doesn't anyone read history? The War on Poverty in the 1960s DID NOT WORK -- because you can't buy people out of their socio-economic situation. Welfare reform in the 1990s (which Obama OPPOSED) worked because we changed incentives, making it necessary for people to get jobs rather than paying them to stay home.
The only way the world will get out of poverty is if we continue the robust global trading economy and insist that governments in these countries reform! This is INSANITY!
In "Obama The Closer" , Kyle-Anne Shiver gives a great summary of how the radical lefties of the 1960s -- those who nearly destroyed civil society during the Vietnam War -- are salivating at the prospect of an Obama presidency. They know that Obama's grass-roots community organizing in Chicago is part of a simmering Marxist movement that still exists:
"Whether it’s Billy Ayers or Bernadine Dohrn, Tom Hayden or Jane Fonda, or any of the other lesser-knowns, 60s Marxist radicals are lining up behind Obama.Obama’s young worshippers think they see something altogether new, a unique persona, seemingly magically transported to this moment in history to help them finally be the ones to net the elusive butterfly of socialism’s never-realized promise.
The kids think they see something new. But do they?
Sixties’ radicals see their as yet unfulfilled yearning for socialist utopia in a well-groomed, glittery, establishment-approved package. The college kids today, flocking to Obama rallies, don’t look much like we did, with our tie-dyed shirts and frayed bellbottoms, our waist-length hair or wild Afros. And they seem to see Obama as the antithesis of 60s’ madness, with a been-there-done-that-want-something-new kind of thirst, a quest for which youth has always been known. Obama is clean-cut. He talks unity, not subversion. He promises equal outcomes without resorting to violence to get them. He endorses marriage and fidelity for himself, without condeming other lifestyle choices. He speaks in highbrow English, rather than the 60s revolutionary slogans...
Evidenced by his list of supporters, from Ayers Dohrn, Hayden and Fonda, to the New Black Panthers, the New SDS, the New Winter Soldiers, et al., the radical Left has anointed Obama as the One. Every aging, anti-war, anti-capitalist group and their new offshoots are flocking around Obama like moths to a flame.
He is the One they’ve been waiting for.
Biding their time during the dark, dreary days of Reagan, throughout the self-absorbed Boomer years, into the Yuppie sellout decade, and on through the compromising Clinton years, they’ve waited and planned and hoped.To these rabid Marxist radicals, Obama is the One, because he’s probably their last chance to see socialism triumph on our own soil. They have grasped the reality of their own mortality.
And this could be very bad news for America. Who, in his right mind, really wants anything these radicals were peddling?"
Is America really prepared to elect this guy president? The left will tell you that we're all wrong -- that it's all an exaggeration...that these attacks against Obama are "racist scare tactics". Don't be fooled! The reality is that this guy is a dangerous radical.
Just Say NO-BAMA!!