Posted on By: Fred

Five Big Lies in Obama’s Economic Fairness Speech

Election ’12: One thing is certainly true about President Obama — no matter how many times people point out the falsehoods in his speeches, he just keeps making them. Case in point: his latest “economic fairness” address.

In that speech Tuesday, Obama once again tried to build a case for his liberal, big-spending, tax-hiking, regulatory agenda. But as with so many of his past appeals, Obama’s argument rests on a pile of untruths. Among the most glaring:

• Tax cuts and deregulation have “never worked” to grow the economy. There’s so much evidence to disprove this claim, it’s hard to know where to start. But let’s begin with the fact that countries with greater economic freedom — lower taxes, less government, sound money, free trade — consistently produce greater overall prosperity

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Posted on By: Fred

Don’t be afraid to say it: ‘We are the 1 percent’

It is time to stand up and be counted. I am the 1 percent. Let’s be plain about this. Though I have a good job and a good paycheck, I have virtually no wealth, no savings and no need for tax shelters. I have substantial debt. My family owns three vehicles, the newest of which is a 1999 Ford Windstar worth about $2,000. That’s our “good” car. If it breaks down, we would have to go further into debt to fix it or replace it. I cannot afford to put my three children — the oldest of whom is in high school, the youngest in diapers — through college. We vacation 20 miles away in Whitefish because we can’t afford airfare or gas for a long trip. We live in a hundred-year-old house without central heating and we are happy to have it. Sometimes we do look with envy at a our neighbors’ houses that have modern plumbing and electric systems that don’t short out when you run the pancake griddle and the space heater at the same time, and sometimes we do wonder why we can’t own a brand-new SUV like so many other families do. But envy is cheap; SUVs are not.

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Posted on By: Fred

Home Depot Co-Founder: Obama Is Choking Recovery

Bernie Marcus co-founded Home Depot (HD) in 1978 and brought it public in 1981 as the U.S. was suffering from the worst recession and unemployment in 40 years. The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing.

But Marcus says Home Depot “would never have succeeded” if it launched today due to onerous regulation. He recently helped launch the Job Creators Alliance, a Dallas-based nonprofit of CEOs and entrepreneurs dedicated to preserving the free enterprise system. IBD recently spoke to him about jobs and the economy.

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Posted on By: Fred

“Atlas Shrugged”-The Movie

Atlas Shrugged is a novel that has generated inspiration and controversy since its publication in 1957.Its theme is the role of individual achievement in society and its goal is to demonstrate what can happen when individual achievement is undervalued, suppressed and demonized. Complex characters embody heroism and evil, in a plot that combines drama, mystery, romance, and science fiction – the result is ultimately inspirational, not apocalyptic.

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Posted on By: Fred

Utopia: Dream & Nightmare

Utopias in America, from the first Puritan settlements to the communes of the 1960s, share the goal of removal from the heart of civilization to the wilderness in order to establish a new social order. Communities with European roots embraced the equalizing demands and freedoms of the New World’s open frontier, even as the new country claimed the pursuit of happiness as an inalienable right. Though their inspirations varied—theocracy, millenialism, socialism, theosophism, behaviorism—they all reflected the American dream of a better world, now.

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Posted on By: Fred

Capitalism.org

Capitalism.org is the website for the moral social system: laissez-faire capitalism.
1. What is capitalism?
Capitalism is a social system based on the principle of individual rights. The term capitalism is used here in the broader philosophical political sense, and not in the narrower economic sense, i.e. a free-market.

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Posted on By: Fred

“The Report of our Death was Greatly Exaggerated.”

So whatever happened to the death of conservatism? Wasn’t it supposed to be long gone by now, crumbling within its sarcophagus, a dim memory of a discredited past? Didn’t we start hearing authoritative rumblings about its impending doom around the time of the last set of midterm elections, in 2006, when disillusioned ex-conservatives like Francis Fukuyama and soi-disant types like Andrew Sullivan began tuning their cellos of lamentation and discontent? Wasn’t that also approximately when disaffected conservative writers were proclaiming, in the pages of the Washington Monthly, that “It’s Time for Us to Go”? The talk was so deafening that I was moved to argue with it back in January 2007 in these pages in an article entitled “Is Conservatism Finished?” I concluded with some gingerness that it was not, but my conclusion came nearly two years before the most liberal candidate to run for the presidency in nearly half a century won a resounding victory.

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