May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Wednesday, July 8, 2009

Obama in a Nutshell

"Capitalists don't view profits as evil or the product of greed. Their opponents -- call them Marxists, fascists, socialists, radical liberals or whatever -- do. Which brings us ... to Barack Obama. Both his father, Barack Obama Sr., and his mentor, Frank Marshall Davis, were communists. His church of choice was one of black liberation theology, whose Marxist roots are inarguable. He associated with far leftists on the 'organizing' streets of Chicago, including Bill Ayers and Bernardine Dohrn. Mentorship and associations are one thing, but what have Obama's words and actions revealed about his attitudes toward labor, capital, profits and government control of business and industry? Well, he said that he would raise capital gains tax rates, even if it reduced revenues, as a matter of fairness. It's only fair to make everyone poorer if you believe profits are inherently evil. He told Joe the Plumber he wants to spread the wealth around. He talked about confiscating Exxon Mobil's profits and giving them to consumers, saying 'they are not going to give up those profits easily.' He called Chrysler creditors 'speculators' and castigated them for refusing to accept his extortionist reorganization plan. He berated Wall Street for making profits, saying 'now is not (the) time' for them to 'rake in profits.' He and his wife even railed against the pursuit of profit in their respective commencement addresses. He abused the power of his office to steal money from GM and Chrysler shareholders and transfer it to the proletariat, I mean, the United Auto Workers. He redistributed taxpayer money from those who have paid their mortgages to those who have not. He is desperately trying to spread the misery and impoverish businesses and individuals through his cap and tax plan, which no proponent of economic growth and prosperity would consider supporting. And in addition to gobbling up other businesses and industries, he is trying to nationalize medicine -- to siphon off the evil surplus value charged by doctors and insurance companies -- on the flawed Marxist theory that he can reduce costs overall, when the reason health care costs have already skyrocketed is that market forces have been suppressed in the industry. You don't have to call him a Marxist, but at least understand where his heart is." --columnist David Limbaugh

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