Hillary shows her Socialist feathers & More Obamanomics

Usually Democrats like to hide how big of socialists they are. Clinton pronounce a vision for a "shared society." Clinton completely ignores the last 100 years and the effect of socialism on society. She probably thinks she can do it better. Some thoughts:

• "Fairness" is code for higher taxes. What is fair about punishing those who work and study by taxing away their income?A forgotten part of freedom is economic freedom. Being able to criticize your government is great, but it is not the only freedom. It's to be able to work where you want and to keep the money you make.
  
• Expanding the earned income tax credit -- is expanding a redistribution of wealth. Similar to "fairness".
  
• Adding government regulation -- that will drive up the cost of doing business in America and lead to more outsourcing. There's a reason why jobs are leaving California. It's because the government is so inhospitable to businesses.
  
• End tax breaks for companies that ship jobs overseas - You mean Clinton is going to cut corporate income tax? That's the tax break companies get from going overseas. Most US companies are forced to pay nearly 40% in corporate tax rates, the second highest in the world. Instead, they'd rather go elsewhere.

Milton Friedman said about John Kenneth Galbriath, a Keynesian (socialist for the lack of a better word) economist: "Many reformers -- Galbraith is not alone in this -- have as their basic objection to a free market that it frustrates them in achieving their reforms, because it enables people to have what they want, not what the reformers want. Hence every reformer has a strong tendency to be averse to a free market."

MANCHESTER, N.H. (AP) -- Presidential hopeful Hillary Rodham Clinton outlined a broad economic vision Tuesday, saying it's time to replace an "on your own" society with one based on shared responsibility and prosperity....

"There is no greater force for economic growth than free markets. But markets work best with rules that promote our values, protect our workers and give all people a chance to succeed," she said. "Fairness doesn't just happen. It requires the right government policies."... Clinton said she would reduce special breaks for corporations, eliminate tax incentives for companies that ship jobs overseas and open up CEO pay to greater public scrutiny.... Clinton also said she would help people save more money by expanding and simplifying the earned income tax credit; create new jobs by pursuing energy independence; and ensure that every American has affordable health insurance.

Obamanomics - Obama ignores economic truths. As prices go to zero, demand skyrockets. Then cost skyrockets even further. Then something must be done to regulate demand; enter bureaucracy. Then to keep the costs down, then price ceilings are created. Price ceilings lead to shortages. So you end up with Britian, where people ended up waiting for years for surgery and many people's cancer treatment gets delayed until it becomes untreated. (The right way to keep healthcare costs down isn't to let the old die). We have problems with healthcare as it, but it will not be solved via the government.

IOWA CITY, Iowa - Democratic presidential hopeful Barack Obama on Tuesday offered a plan to provide health care to millions of Americans and more affordable medical insurance, financed by tax increases on the wealthy.

Bemoaning a health care "cost crisis," Obama said it was unacceptable that 47 million are uninsured while others are struggling to pay their medical bills. He said the time is ripe for reforming the health care system despite an inability to do so in the past, most notably when rival

Obama's proposal would spend more money boosting technology in the health industry such as electronic record-keeping. His package would prohibit insurance companies from refusing coverage because of pre-existing conditions. It would also create a National Health Insurance Exchange to monitor insurance companies and limit their profits. Obama said the typical consumer would save $2,500 a year on premiums.

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How Can We Tax You More?

The Internet is to socialist's desire to tax as the Fountain of Youth was to Ponce De Leon. Luckily there seems to be enough people in both parties where the Net tax wouldn't have a real shot.

WASHINGTON--With only months left on a moratorium restricting state governments from taxing Internet access, the U.S. House of Representatives on Tuesday began a debate over whether the ban should be made permanent or allowed to lapse.

At issue is the scheduled expiration on November 1 of a law, initially enacted in 1998, that says local governments generally cannot tax Internet access, including DSL (digital subscriber line), cable modem and BlackBerry-type wireless transmission services. The law also prohibits governments from taxing items sold online in a different manner than those sold at brick-and-mortar stores, but it does not deal with sales taxes on online shopping.

That's the way it should remain, some politicians said at a brief hearing here convened by a House of Representatives panel on commercial and administrative law.

"If we could liken the Internet to a mall, a place where you can go in and purchase goods and services, and also liken it to a library, a place where you can go and pull a book, pull a resource, and obtain some information, why would we tax a person upon entering a mall or why would we tax a person upon entering the library?" asked Rep. Hank Johnson, a Democrat from Georgia.

Media's Most Recent Selective Journalism

Paris Hilton going to jail, Anna Nicole Smith, missing blondes in Aruba, and fake rapes at Duke are all stories you here about relentlessly. However, what about the savage double murder in Tennesse. Oops. Did the national media forget? Even Fox News?

Probably not, but I'll give you three guess why they weren't. MLK dreamed of a land where people were judged by the content of their character. It's serves no purpose in the harmony of whites and blacks if one side is treated differently, whether white or black. The media probably thinks "it's helping" by not reporting on a crime. However, a savage double homicide is a savage double homicide that deserves to be reported on regardless of the victims or purpetrators color of skin. It's insulting to the victims to ignore what happened.

The Politics of News: Channon Christian, 21, and Christopher Newsom, 23, were out on a dinner date in Knoxville, Tenn., on January 6, when they were carjacked, kidnapped, raped, tortured, sexually mutilated, and killed.

Despite the press's taste for dramatic crimes, even crimes that do not involve missing blondes in Aruba, the story got almost no publicity. Conservative bloggers, who are beginning to buzz about the case, think they know why: the couple was white and the five suspects arrested in the case are black.

The mainstream press does not like to carry stories of black mayhem and white victims. First, there is the fear of stirring up more racism among Klansmen and neo-Nazis, as the Knoxville case has started to do. More importantly, the newsroom culture tends to view black-on-white crimes as responses to black oppression, and therefore not worth reporting. Whereas similar white-on-black crime is oppression itself, and thus crucially important to put before readers and viewers.

This classic newsroom double standard pops up again and again. A recent example is the "second rape case in Durham." In this eerie reversal of the Duke lacrosse story, a girl was allegedly raped in the bathroom of a Duke fraternity house during a party. North Carolina's News & Observer said the suspect being sought was in "his late teens or early 20s, about 6 foot 1 and wearing a do-rag, a gray sweatshirt and blue jeans." However, the story failed to mention that the suspect was black, the alleged victim is white, and the fraternity, initially unnamed, is African-American.

When the suspect is not immediately apprehended, the public is usually told by police and the press to look out for someone fitting a particular description. But it does little good if reporters tell us that the man being sought has a small mole on the side of his neck and parts his hair in the middle if we don't know what color he is. Newsroom squeamishness about even mentioning blacks, gays, and women as perpetrators is quite high.

Later the News & Observer mentioned the racial angle, as it had to. But the national press wasn't interested. Once it became clear that the suspect was black, the story lost any chance of journalistic traction. Even the strangeness of a rape report so closely following the other Duke lacrosse story attracted no attention.

Won't He Just Die Already?

Wishing for someone's death isn't likely the kindest thing to do. However, there's a few people in this world for whom this would appropriate. One being, Zimbabwe's Robert Mugabe, who has brought death and misery upon this once prosporous nation with his Marxist economic policies and dictatorial rule (and the two always go hand-in-hand).

Look for similar things to happen in Venezuela and South Africa in the next 10 years.

HARARE, Zimbabwe (AP) - Zimbabwe's annual inflation rate surged to an unprecedented 3,714 percent at the end of April, the official state newspaper reported Thursday, as the government set up a commission to try to bring prices down to single digit levels....
The Herald said that President Robert Mugabe on Monday signed into law regulations to enforce wage and price controls through "comprehensive price surveys and inspections," with a penalty of up to five years in jail for violators. The ultimate aim would be to bring inflation into single digits.

That means if you had 10,000 in savings a year ago, it's worth 270 today.

Note to Mugabe and the AP: price caps will not reduce inflation!