How Capitalism Will Save Us-Steve Forbes & Elizabeth Ames

Capitalism is the world’s greatest economic success story. It is the most effective way to provide for the needs of people and foster the democratic and moral values of a free society. Yet the worst recession in decades has widely–and understandably–shaken people’s faith in our system. Even before the current crisis, capitalism received a “bad rap” from a culture ambivalent about free markets and wealth creation. This crisis of confidence is preventing a full recognition of how we got into the mess we are in today–and why capitalism continues to be the best route to prosperity.

Hidden Real Estate Sales tax in Health care bill – Surprise!

Hidden Real Estate Sales tax in Health care bill – Surprise!There are already at least 20 hidden taxes in the Obama Health care plan coming down upon us the next few years. So, along with rationed care for seniors and forced health insurance, we now find there is a Real Estate Tax snuck into the Health care plan. You may ask, what in God’s green earth does health care have to do with Real Estate taxes??? Absolutely nothing, that is precisely why one got snuck in there.

The Obama hero who failed

Let’s think about President Obama’s failed economic stimulus program. Before getting to the nitty-gritty of why stimulus packages fail, let’s look at the failed stimulus program of Obama’s hero, Franklin Delano Roosevelt.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/columns/A-failed-Obama-hero-1000349-98416349.html#ixzz0wJ7CCWAW

America’s Ruling Class — And the Perils of Revolution

As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and opinion leaders stretching from the National Review magazine (and the Wall Street Journal) on the right to the Nation magazine on the left, agreed that spending some $700 billion to buy the investors’ “toxic assets” was the only alternative to the U.S. economy’s “systemic collapse.” In this, President George W. Bush and his would-be Republican successor John McCain agreed with the Democratic candidate, Barack Obama.

Soaking the Rich

Liberals have an amazing ability to overlook the obvious. This is particularly true when it comes to deficits and debt. Their proposals to tax their way to solvency is akin to proposing to rescue a sinking ship by moving the water to another deck. The left imagine they can bail out the boat by soaking the rich. Simply stopping the flood of deficit spending somehow escapes them.