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Keyword: redistribution

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  • Pope Francis attacks 'throw-away' economic globalization

    02/28/2015 1:21:42 PM PST · by SkyPilot · 16 replies
    Reuters and Yahoo News ^ | 28 Feb 15 | James Mackenzie
    Pope Francis launched a fresh attack on economic injustice on Saturday, condemning the "throw-away culture" of globalization and calling for new ways of thinking about poverty, welfare, employment and society. In a speech to the association of Italian cooperative movements, he pointed to the "dizzying rise in unemployment" and the problems that existing welfare systems had in meeting healthcare needs. For those living "at the existential margins" the current social and political system "seems fatally destined to suffocate hope and increase risks and threats," he said. The Argentinian-born pope, who has often criticized orthodox market economics for fostering unfairness and...
  • LGBTTQQFAGPBDSM? Housing for 15 Alternative Sexualities Is OK, but Men-Only Fraternities Are Not

    02/25/2015 6:58:53 AM PST · by SeekAndFind · 26 replies
    Christian Post ^ | 02/25/2015 | Napp Nazworth
    Campus housing specifically for 15 alternative sexualities, including sadomasochists, is acceptable, but fraternities that just allow men are not, at Wesleyan University. Wesleyan University housing has an option for students who want to live with others identifying with one of 15 categories — LGBTTQQFAGPBDSM. The university's inclusiveness excludes, however, male-only fraternities. Delta Kappa Epsilon sued Wesleyan University after the liberal arts college ordered all of its fraternities to admit women, charging sexual discrimination and false and deceptive practices. Wesleyan, a Connecticut college, was founded by the Methodist Episcopal Church and named after 18th century evangelical theologian John Wesley, but is...
  • Black History Biden: Veep calls for 'emancipation' of people's wealth

    02/25/2015 6:30:02 AM PST · by 9thLife · 33 replies
    Washington Examiner ^ | FEBRUARY 25, 2015 | 8:10 AM | BY PAUL BEDARD
    Vice President Joe Biden used a Black History Month event at his official residence Monday night to decry the rich, both white and black, for stunting economic growth and suggested that “emancipation” is in order. “A lot of wealthy white and black people aren't bad but they control 1 percent of the economy and this cannot stand,” Biden told about 100 guests, including past civil rights activists and NBC weatherman Al Roker. “It's not fair because the business experts are saying that concentration of wealth is stunting growth. So let's do something that's worthy of emancipation,” said Biden, according to...
  • U.N. Official Reveals Real Reason Behind Warming Scare

    02/14/2015 9:02:53 AM PST · by Jack Hydrazine · 70 replies
    Investor's Business Daily.com ^ | 10FEB2015 | Staff Writer
    Economic Systems: The alarmists keep telling us their concern about global warming is all about man's stewardship of the environment. But we know that's not true. A United Nations official has now confirmed this. At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.'s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism.
  • Obama says wealth accumulation speaks to need for US tax shift (Video)

    02/09/2015 10:17:39 AM PST · by Citizen Zed · 27 replies
    News & Observer ^ | 2-9-2015 | ANGELA GREILING KEANE
    President Barack Obama said he’s focusing the end of his presidency on increasing income equality because the recovery’s benefits haven’t spread to the middle class while enriching the wealthiest Americans, according to an interview he gave to website Vox.com. In a Jan. 23 interview published Monday, Obama said it’s necessary to use tax policy to boost the economic outlook for teachers, construction workers and other middle- and lower-class Americans because so much wealth is concentrated with corporations and the wealthiest individuals. “What we’ve proposed, for example, in terms of capital gains, that would make a big difference in our capacity...
  • Obama Touts “Inclusive Capitalism”

    02/09/2015 1:28:52 PM PST · by 2ndDivisionVet · 51 replies
    White House Dossier ^ | February 9, 2015 | Keith Koffler
    In an interview with Ezra Klein of Vox, President Obama said traditional market forces that used to redistribute income are failing and the time for government to do it instead has arrived. The interview, which ran today, was conducted January 23. Touting what he referred to as inclusive capitalism, Obama made the case for what actually sounds a lot like socialism. So part of our job is, what can government do directly through tax policy? What we’ve proposed, for example, in terms of capital gains — that would make a big difference in our capacity to give a tax break...
  • The Global Private Social Security Revolution

    02/08/2015 2:16:23 PM PST · by Kaslin · 13 replies
    Townhall.com ^ | February 8, 2015 | Daniel J. Mitchell
    Last month, I posted “the cartoon argument” for Social Security reform. My main goal, as an American, is to achieve this important reform in the United States. And I’ve tried to bolster the argument by citing lots of hard data, including the fact that “funded” accounts already exist in nations such as Australia, Chile, Sweden, and the Netherlands. In this spirit, I wrote an article for the most recent issue of Cayman Financial Review, and I looked at the issue from a global perspective. I first explained thatdemographics are destiny.
  • The Wisdom of Bastiat, as Revealed by Great Moments in Federal, State, and Local Government

    01/31/2015 11:10:54 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | January 31, 2015 | Daniel J. Mitchell
    >I’ve periodically cited the great 19th-century French economist, Frederic Bastiat, forhis very wise words about the importance of looking at both the seen and the unseen when analyzing public policy.Those that fail to consider secondary or indirect effects of government, such as Paul Krugman, are guilty of the “broken window” fallacy.There are several examples we can cite.A sloppy person, for instance, will think a higher minimum wage is good because workers will have more income. But a thoughtful analyst will think of the unintended consequence of lost jobs for low-skilled workers.An unthinking person will conclude that government spending is good...
  • Obama’s Policy Proposals are the Opposite of “Tax Reform”

    01/29/2015 4:29:42 PM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 01/29/15 | Alan Joel
    Obama’s version of “tax reform” is unrealistic and firmly rooted in his vision of middle class economics, wealth redistribution Obama has consistently talked about how he is for “tax reform” all during his presidency. But clearly, he has no idea what that even means. True tax reform is a mechanism that produces a cleaner and clearer tax code. A great example of this was the 1986 IRC reform, where Reagan set the highest rate at 28% in exchange for eliminating massive amounts of tax shelters and gimmicks. Obama’s cluelessness on the topic was evident during the State of the Union,...
  • The unfair share that government has

    01/26/2015 7:41:57 AM PST · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 01/26/15 | Rolf Yungclas
    Marxist wealth redistribution The President is convinced that he has been elected to make sure everyone gets their “fair share” - paid for by taking it from those he has determined somehow have an unfair share. Of course he doesn’t use the term unfair share, but if someone has been denied their fair share then someone else must have more money than they are supposed to have, in other words, an unfair share. The real unfair share, though, is the wealth appropriated by our corrupt federal government that is so often misused, misplaced and stolen. All this wealth appropriation the...
  • Obama Touts Redistribution Built on Fallacies

    01/23/2015 6:48:55 AM PST · by SeekAndFind · 3 replies
    The Libertennial ^ | 01/22/2015
    It seems that the sole purpose of SOTU is to seduce America with grand promises of sugar-coated interventions to be undertaken with other people's money. For libertarians, sitting through this kind of speech is naturally a dark experience. For libertarian Millennials, the takeaway from this particular speech is that the President sees economic growth as an invitation to redistribute income through schemes that we will ultimately pay for. But Obama misleads us when he attributes favorable economic conditions to his own policies. As it turns out, the stimulus package and the redistribution that Nancy Pelosi famously championed as a job...
  • Just so you know: Obama’s ‘middle class economics’ means wealth redistribution

    01/21/2015 9:31:03 AM PST · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 01/21/15 | Dan Calabrese
    Last thing we need is to elect another income redistributionist who is even less qualified for the presidency than Obama Nothing actually happened in the news last night, but there was a speech by a guy who likes to make them in lieu of actually governing. A lot of people watched it for whatever reason. The State of the Union address hasn’t been a serious exercise in governance for a long time - if it ever was. The Constitution mandates that the president must from time to time report to Congress on the state of the union. It doesn’t mandate...
  • Is your local news using WH.gov propaganda video?? Seeing it in Miami....cult worship....

    01/20/2015 5:30:58 AM PST · by SoFloFreeper · 9 replies
    1/20/15 | sff
    Just saw a local Miami tv station using video from the government web site with an "interview" of Obama, where he spews some crap about how his goal is to outline for the nation how he is going to make sure things are fair, now that we have "made it through the crisis". I nearly spit my coffee out. We are not out of a crisis. My point is that these kind of videos are NOT a proper use for news....and I expect that if a REPUBLICAN president put out this type of "interview", the media would ignore it....on the...
  • Obama Plays Robin Hood (Idiot Journalist Alert {but I repeat myself})

    01/19/2015 4:03:17 PM PST · by Texas Eagle · 26 replies
    thehill.com ^ | 1/19/15 | Justin Sink
    The White House wants President Obama to play the part of Robin Hood at Tuesday’s State of the Union address. Obama hopes to use the big speech to remove a blemish of his presidency: an economic recovery that has left wage growth behind. Obama wants to move forward with all of these populist proposals for the poor and middle class, and he wants to do so by taking from the rich in the form of higher taxes on the wealthy and Wall Street.
  • Sorry, But YOU Don’t Pay Enough Taxes

    01/14/2015 6:45:31 AM PST · by safetysign · 11 replies
    Joe For America ^ | )1/13/2015 | Michael Becker
    Democrats, fresh off a resounding stomping last November, are convinced that the reason they lost is because they’re not giving away enough of your money.
  • New IRS Data Expose Dems' Phony Tax-the-Rich Mantra

    01/12/2015 3:54:42 PM PST · by jazusamo · 9 replies
    Investors.com ^ | January 12, 2015 | Editorial
    Taxes: Democrats unveiled a plan Monday that — surprise — would boost taxes on the rich. But new IRS data show these soak-the-rich campaigns are based on total falsehoods. 'Our tax code today is stacked in favor of people who make money off of money and against those who make money off of hard work," Rep. Chris Van Hollen, the top Democrat on the Budget Committee, said Monday. The plan he announced — which to be sure has no chance of being enacted — would boost taxes on the top 1% and hand out checks to the middle class each...
  • Josef Stalin and the Problem of Political Opposition

    12/27/2014 5:36:38 PM PST · by jfd1776 · 6 replies
    Illinois Review ^ | December 27, 2014 A.D. | John F. Di Leo
    Reflections on the Problem of Political Opposition... In the Declaration of Independence, our Founding Fathers declared the only legitimate purpose of government: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness… that to secure these rights, Governments are instituted among men, deriving their just powers from the consent of the governed…” So, this was not just the plan for the United States. This part of the Declaration comes before the listing of our Founders’...
  • Obama Didn't Spread the Wealth, He Concentrated It, Pew Study Finds

    12/18/2014 4:22:34 AM PST · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 12/17/2014 | John Merline
    Here's more evidence of just how successful President Obama has been at "spreading the wealth around" since he took office. A Pew Research Center report released on Wednesday found that the gap in net worth between the country's wealthy and the middle class reached record highs in 2013 -- the last year for which it has data. According to Pew, which used data from the Federal Reserve's Survey of Consumer Finances, upper-income median net worth in 2013 was 6.6 times greater than the median net worth of middle-income families ($639,400 vs. $96,500).
  • Report: Income inequality is greatest in the most liberal states

    12/05/2014 4:44:00 AM PST · by IBD editorial writer · 6 replies
    Investor's Business Daily ^ | 12/4/2014 | IBD Staff
    The most liberal states in the country are the worst run and have the widest gaps between rich and poor. Could it be that spread-the-wealth policies make things worse?
  • UK told to pay £1.7bn extra to European Union budget

    10/24/2014 4:09:49 AM PDT · by Oldeconomybuyer · 18 replies
    BBC News ^ | October 24, 2014
    he UK has been told it must pay an extra £1.7bn (2.1bn euros) towards the European Union's budget because the economy has performed better than expected in recent years. The payment follows new calculations by the EU that determine how much each member state should contribute. It would add about a fifth to the UK's annual net contribution of £8.6bn. A government source said the demand was "not acceptable" while one Tory MP said the UK should simply refuse to pay it. UKIP leader Nigel Farage said the UK had been "hammered again" while Labour said it was imperative that...
  • The Bottom Line on Climate Change Costs

    10/23/2014 4:03:07 PM PDT · by Oldeconomybuyer · 8 replies
    The Huffington Post ^ | October 23, 2014 | by Peter Getty
    The recent report published by the Global Commission on the Economy and Climate, an organization aimed at helping the world's societies to combat the effects of climate change, suggests that the costs of combating climate change are considerably lower than widespread opinion has suggested. The study tells us that between 2015 and 2030, nations are expected to invest roughly $90 trillion in urban, land-use and energy infrastructure. The report suggests that implementing the fixes necessary to transition to entirely sustainable sources of energy would amount to 4 trillion. So, this amounts to 5% increase of the total amount that is...
  • UN Biodiversity Conference Pushes Global Redistribution, Restriction, Regimentation

    10/21/2014 6:40:09 PM PDT · by VitacoreVision · 11 replies
    The New American ^ | 20 October 2014 | William F. Jasper
    UN Biodiversity Conference Pushes Global Redistribution, Restriction, Regimentation 20 October 2014 “Resource mobilization” and “capacity building” were two of the key terms that dominated the recently concluded United Nations “biodiversity” conference in Korea. “Resource mobilization,” as the reader may guess, refers to increasing government funding (i.e., increasing taxation) to support biodiversity programs and research. “Capacity building,” a favorite phrase at the UN, refers to foreign aid transfers from the developed to the lesser developed countries, which means either government-to-government or government-to-UN agency transfers of wealth.The 12th meeting of the Conference of Parties (COP12) to the UN Convention on Biological Diversity...
  • New state law allows vehicle surcharge for bike lanes

    09/20/2014 6:23:34 PM PDT · by rey · 38 replies
    Press Democrat ^ | September 20, 2014
    SACRAMENTO — Gov. Jerry Brown has signed a bill allowing local governments to impose a vehicle registration surcharge to pay for bike lanes and trails. The governor's office said in a statement that Brown signed the bill in Sacramento on Saturday. It lets cities, counties or regional park districts to impose an annual vehicle registration surcharge of up to $5 to pay for local bike lanes and trails. The surcharge can be imposed until Jan. 1, 2025. Democratic Sen. Mark DeSaulnier of Concord sponsored the bill that passed the Senate 24-9 in August. Opponents argued that drivers should not have...
  • A minimum-wage hike finds hope in U.S. heartland

    09/15/2014 10:23:44 AM PDT · by Oldeconomybuyer · 25 replies
    Reuters ^ | September 15, 2014 | BY ANDY SULLIVAN
    President Barack Obama's push to raise the minimum wage, which has largely found success in liberal-leaning coastal states to date, could make headway in the conservative heartland in the November elections. Voters in the Republican-controlled states of Alaska, Arkansas, Nebraska and South Dakota will consider ballot initiatives in November that would raise the minimum wage above the national rate of $7.25 per hour. Activists on both sides of the issue say the proposals stand a good chance of passing.
  • What Is the Price of Perfect Equality?

    08/17/2014 4:50:29 PM PDT · by 2ndDivisionVet · 31 replies
    The Atlantic ^ | August 17, 2014 | Shannon Chamberlain
    Some of the best analyses lie not in the field of economics, but in books like The Giver—dystopian tales sitting on shelves marked Young Adult.Meryl Streep and Jeff Bridges in The Giver.The world is an increasingly unequal and unfair place, economists tell us. Every year, it becomes a little harder to picture what equal opportunity and egalitarianism even look like. As the rich attract capital like Jupiter attracts space debris and the poor fail to make any substantial gains, the gap between them comes to seem to us less surmountable, more of a force of nature than something for which...
  • Obama’s Economy In Action! Data Shows Cash For Clunkers Was An Epic Debacle

    08/10/2014 2:43:53 AM PDT · by afraidfortherepublic · 36 replies
    The Daily Caller ^ | 8-10-14 | Eric Owens
    “Cash for Clunkers,” the 2009 Obama administration stimulus program designed to spend $2.85 billion to jumpstart the auto industry, turned out to be a complete disaster — for the auto industry. In the minds of Obama’s team of advisers and economists, the program made total sense, of course. The plan was to dangle a $4,500 credit to persuade car owners to trade in their older automobiles for new cars with better fuel efficiency. It would stimulate an economy then in the midst of a deep recession. As a bonus, it would mean less oil consumption and cleaner-running cars. The law...
  • Shattering Myths to Help the Climate

    08/02/2014 7:44:45 AM PDT · by Oldeconomybuyer · 31 replies
    New York Times ^ | August 2, 2014 | By ROBERT H. FWANK
    Each new climate-change study seems more pessimistic than the last. This May and June, for example, were the hottest ones on record for the planet. Effective countermeasures now could actually ward off many of these threats at relatively modest cost. Yet despite a robust scientific consensus that greenhouse gas emissions are at the root of the problem, legislation to curb them has gone nowhere in Congress. In response, President Obama has proposed stricter regulations on electric utilities, which some scientists warn may be too little, too late. Why aren’t we demanding more forceful action? One reason may be the frequent...
  • The Rebuilding of I-45: A Once-in-a-Lifetime Opportunity to Improve Houston

    07/29/2014 10:14:21 AM PDT · by a fool in paradise · 24 replies
    Cite Magazine ^ | Jul. 28, 2014 5:35 PM | Torie Ludwin
    According to proposals on the table at the Texas Department of Transportation, the highway system around Downtown Houston may be subject to a significant transformation. This well may be a once-in-a-lifetime opportunity for the city to reconnect neighborhoods long bifurcated by highway IH-45 while also improving traffic capacity of the highways. How to change and improve the highway system is of great debate. As the Department of Transportation follows through on its federally required processes to propose and examine alternatives to the expansion of IH-45, also called the North Houston Highway Improvement Project, itÂ’s winnowing the options quickly. Now is...
  • Venezuela climate summit calls for end to “green economy” - an end to capitalism

    07/24/2014 1:13:58 AM PDT · by Cincinatus' Wife · 7 replies
    RTCC - Responding To Climate Change ^ | July 23, 2014 | Sophie Yeo
    UN-backed event ends with unusual call from civil society groups to end capitalism A UN-backed conference in Venezuela has ended with a declaration to scrap carbon markets and reject the green economy. The Margarita Declaration was issued at the end of a four-day meeting of around 130 green activist groups, which the Venezuelan government hosted in order to raise the volume of civil society demands in UN discussions on climate change. “The structural causes of climate change are linked to the current capitalist hegemonic system,” the final declaration said. “To combat climate change it is necessary to change the system.”...
  • Achievement redistribution: University of Wisconsin to distribute grades based on race and ethnicity

    07/23/2014 1:37:57 PM PDT · by PoloSec · 28 replies
    allenbwest.com ^ | July 23 2014 | LTC Allen B. West
    One time I was speaking at a local South Florida high school and explaining “wealth redistribution.” I used a football analogy, with the example of a team being ahead at halftime 28-7. However, when the team came back after halftime, the scoreboard read 21-14. I explained to the students that officials met in the press booth and decided to have equitable apportionment of touchdowns to make the game fairer. They believed the self-esteem of the other team was being adversely affected. When I asked the high school seniors if they agreed, they vehemently said no. They felt they’d earned their...
  • UW-Madison policy calls on professors to distribute grades based on race

    07/21/2014 9:48:15 PM PDT · by Jack Hydrazine · 69 replies
    Campus Reform ^ | on July 21, 2014 at 2:55 PM EDT | Katherine Timpf
    Political correctness has now reached an entirely new stratosphere: The University of Wisconsin-Madison believes grades should be apportioned based on race: Campus Reform reports: The policy, named the “Framework for Diversity and Inclusive Excellence,” calls for “proportional participation of historically underrepresented racial-ethnic groups at all levels of an institution, including high-status special programs, high-demand majors, and in the distribution of grades.” Huh? UWM professor W. Lee Hansen wrote about his concerns with the ridiculous politically correct policy late last week: “Professors, instead of just awarding the grade that each student earns, would apparently have to adjust them so that academically...
  • Obama and Dems increase importation of US citizen replacements and enemies of USA

    07/03/2014 2:03:39 PM PDT · by detective · 8 replies
    Renew America ^ | July 3, 2014 | Sher Zieve
    In a calculated plan to replace US citizen voters, Obama and the Democrats devised an Orwellian scheme that is now playing out in front of ours and the world's eyes. Obama is disenchanted with the fact that he is still not recognized as King or Emperor of America and his supplicant Democrats are demanding the titles of Duke and Duchess. Therefore, as he's been getting away with it since he usurped the Office of POTUS with no elected official anywhere stopping him, Obama is – yet again – committing treason against the USA and its people via "providing aid and...
  • We've Crossed A Tipping Point: Most Americans Now Receive Govt. Benefits (Happy Dependence Day!)

    07/03/2014 11:57:08 PM PDT · by quesney · 301 replies
    Forbes ^ | 7/02/2014 @ 4:45PM | Merill Matthews
    Obamacare has pushed us over the entitlements tipping point. In 2011 some 49.2 percent of U.S. households received benefits from one or more government programs—about 151 million out of an estimated 306.8 million Americans—according to U.S. Census Bureau data released last October. Currently, around 6 million to 7 million Americans who have signed up for Obamacare are receiving taxpayer-provided subsidies (though the administration’s numbers cannot be trusted, it’s all we have to work with). There are another 3 million who have signed up for Medicaid. That means some 10 million Americans—or a total of about 161 million—are now getting government...
  • Senators propose 12-cent gas tax increase

    06/18/2014 9:48:43 AM PDT · by Olog-hai · 72 replies
    Associated Press ^ | Jun 18, 2014 12:17 PM EDT | Joan Lowy
    Two senators unveiled a bipartisan plan Wednesday to raise federal gasoline and diesel taxes for the first time in more than two decades, pitching the proposal as a solution to Congress’ struggle to pay for highway and transit programs. The plan offered by Sens. Chris Murphy, D-Conn., and Bob Corker, R-Tenn., would raise the 18.4-cents-a-gallon federal gas tax and 24.4-cents-a-gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation. The plan also calls for offsetting the tax increases with other taxes cuts. …
  • Pope Francis At It Again (Comrade Frank)

    06/17/2014 9:05:04 AM PDT · by Gamecock · 145 replies
    National Catholic Reporter ^ | Jun. 17, 2014 | Michael Sean Winters
    I am pretty sure the editors of the Wall Street Journal would be disinclined to endorse Pope Francis' call for international regulation of markets via state action, to promote impact investment. Yet, that is just what he called for yesterday in speaking to a meeting at the Vatican on the theme "Investing in the Poor," which was organized, in part, by the University of Notre Dame. The pope said: Advances in technology have increased the speed of financial transactions, but in the long run this is significant only to the extent that it better serves the common good. In this...
  • Obama calls for action on climate change, takes aim at doubters

    06/16/2014 12:08:42 PM PDT · by Ernest_at_the_Beach · 9 replies
    latimes.com ^ | 6/14/2014 | James Queally
    President Obama, in an address speech to UC Irvine graduates Saturday, took aim at congressional Republicans and others who dispute climate change, saying they posed a threat to the future.
  • Paul Krugman: The Climate Domino

    06/06/2014 12:46:36 PM PDT · by 2ndDivisionVet · 22 replies
    The New York Times ^ | June 5, 2014 | Paul Krugman
    Maybe it’s me, but the predictable right-wing cries of outrage over the Environmental Protection Agency’s proposed rules on carbon seem oddly muted and unfocused. I mean, these are the people who managed to create national outrage over nonexistent death panels. Now the Obama administration is doing something that really will impose at least some pain on some people. Where are the eye-catching fake horror stories? For what it’s worth, however, the attacks on the new rules mainly involve the three C’s: conspiracy, cost and China. That is, right-wingers claim that there isn’t any global warming, that it’s all a hoax...
  • Piketty's envy problem

    06/02/2014 4:14:09 PM PDT · by Lorianne · 3 replies
    Mining.com ^ | 29 May 2014 | Peter Schiff
    There can be little doubt that Thomas Piketty's new book Capital in the 21st Century has struck a nerve globally. In fact, the Piketty phenomenon (the economic equivalent to Beatlemania) has in some ways become a bigger story than the ideas themselves. However, the book's popularity is not at all surprising when you consider that its central premise: how radical wealth redistribution will create a better society, has always had its enthusiastic champions (many of whom instigated revolts and revolutions). What is surprising, however, is that the absurd ideas contained in the book could captivate so many supposedly intelligent people....
  • Income Redistribution Is About Votes, Not About Helping The Poor

    05/30/2014 6:46:31 AM PDT · by SeekAndFind · 16 replies
    Forbes ^ | 05/30/2014 | Jeffrey Dorfman
    Everyone knows the famous Chinese proverb: Give a man a fish and you have fed him for a day; teach a man to fish and you have fed him for a lifetime. So why does the federal government spend so much money on giving away fish and so little on teaching people how to fish? Because Democrats want people to depend on government so that they will vote to re-elect them. Think of all the redistributive programs we have to help people. The minimum wage, food stamps, housing subsidies, free cell phones, and Medicaid are just a few of the...
  • The IRS can do this to you.

    05/30/2014 4:37:35 AM PDT · by Luke21 · 76 replies
    self | 5/30/14 | self
    My wife and I are in our mid fifties. We are grandparents. We have tried to play by the rules. Yesterday, I came home from lunch to find his and her notices in our mailbox from the IRS. The fiends have recalculated our income from a few years back and now suddenly want over 21,000 dollars in fees and penalties. They don't even audit you anymore. They just recalculate and demand payment. This is how they operate. So if this thing is worked out, we will pay five hundred bucks a month to the IRS for most of our remaining...
  • Redistribution masquerading as reparations

    05/24/2014 4:35:44 PM PDT · by 2ndDivisionVet · 13 replies
    Legal Insurrection ^ | May 24, 2014 | Professor William A. Jacobson
    We previously addressed The dead-end Case for Reparations, Ta-Nehisi Coates’ backwards looking road to nowhere: Coates never gives the answer as to who gets what and how. And that’s ultimately the problem with reparations arguments that are not based upon the people causing the harm paying the people directly harmed by specific conduct soon after the conduct is remedied. As Coates explained his views to Melissa-Harris Perry this morning, it became clear that there is no sense at all of holding the guilty accountable in the sense we normally do, or compensating actual victims. There is a complete disconnect between...
  • Occupy Movement in Circles

    05/24/2014 12:50:20 AM PDT · by 2ndDivisionVet · 3 replies
    The Guardian Liberty Voice of Las Vegas ^ | May 20, 2014 | Grace Pollari
    The occupy movement is circling back on itself with the announcement of the final prosecution of protester Cecily McMillian. Sentenced to three months for elbowing a police officer, those within and without the movement are wondering where they go from here and what it all means. The founders of the movement have moved from cities into the country, and are organizing to occupy the polls to rout out corruption. However, there are questions within the confines of the Electoral College as to how much change this focus can produce. One element of the occupy movement from its headquarters in Zuccotti...
  • Lackawanna Housing officials welcome a probe

    05/22/2014 8:08:54 PM PDT · by gasport · 3 replies
    WGRZ.COM ^ | May 22, 2014 | Claudine Ewing
    LACKAWANNA, NY - "Some money has been misappropriated and maybe somebody should pay the penalty for this," the words of Lackawanna Municipal Housing Authority executive director Norman Polanski. Polanski says tenants of the public housing development deserve better. He's referring to the representation for Baker Homes. It is one of the public housing units in Lackawanna. Federal tax dollars are given to the housing authority and they in turn are required to give money to tenant councils. After a 2013 audit found "apparent abuse" of federal dollars by the Baker Homes Tenant Council due to daily ATM cash withdrawals and...
  • (NY) City plans to attack economic segregation by moving poor into middle-class neighborhoods…

    05/22/2014 11:03:12 AM PDT · by Olog-hai · 46 replies
    New York Daily News ^ | Wednesday, May 21, 2014, 11:54 PM | Erin Durkin
    The City plans to attack economic segregation in its affordable housing plan—placing the poor in middle-class neighborhoods and the more affluent in high-poverty spots. Housing Preservation and Development Commissioner Vicki Been said the plan to build 80,000 new affordable apartments and preserve 120,000 units would create a more diverse city. “We really have to make economic diversity a cornerstone of that plan,” she said at a City Council budget hearing Wednesday. …
  • City plans to attack economic segregation by moving poor into middle-class neighborhoods...

    05/22/2014 7:04:13 AM PDT · by NYRepublican72 · 124 replies
    New York Daily News ^ | 5/21/2014 | ERIN DURKIN
    The City plans to attack economic segregation in its affordable housing plan — placing the poor in middle-class neighborhoods and the more affluent in high-poverty spots. Housing Preservation and Development Commissioner Vicki Been said the plan to build 80,000 new affordable apartments and preserve 120,000 units would create a more diverse city. “We really have to make economic diversity a cornerstone of that plan,” she said at a City Council budget hearing Wednesday. “That means that in some neighborhoods that have mostly middle or upper-income housing, that we would need to put affordable housing at the very lowest income,” she...
  • Has Mandatory Marxist Obamacare reached the failure-proof threshold of TO BIG TO FAIL?

    05/18/2014 7:40:48 AM PDT · by Graewoulf · 17 replies
    Graewoulf | May 18, 2014 | Graewoulf
    The Obamanation formula for the successful financial "Fundamental Transformation of the United States of America" can be defined, in part, as follows: Mc + Vf = Sg Where: * Mc = Marxist Communism, defined by Englishman Intellectual Karl Marx as: "FROM EACH ACCORDING TO HIS ABILITY, TO EACH ACCORDING TO HIS NEED." * Vf = Volker Failure threshold of permanent financial failure as defined by Economist Intellectual Paul Volker: "The Federally Regulated stimulation of financial debt, Private, State, or Federal, until that financial debt exceeds what can be recovered in a court-managed bankruptcy." * Sg = Single Government, which is...
  • Michael Savage: Pope Francis Should Redistribute Vatican's Income First

    05/12/2014 9:45:28 AM PDT · by SeekAndFind · 180 replies
    Newsmax ^ | 05/12/2014 | Greg Richter
    Conservative radio talk show host Michael Savage says if Pope Francis wants income redistribution he should start with his own Church. On his Friday show, Savage said he would bid $1 million for Michelangelo's famous painting on the ceiling of the Sistine Chapel at the Vatican. "The reason I'm offering that money to the pope and the Vatican is so they can redistribute the wealth that begins in the Vatican itself," Savage said. Savage said he was making a point that there is vast wealth within the Catholic Church, including priceless works of art and major shares in global companies....
  • Does a "legitimate redistribution" of wealth include the Vatican archives, Vatican library...?

    05/10/2014 2:47:21 PM PDT · by Laissez-faire capitalist · 66 replies
    5/10/2014 | Laissez-Faire Capitalist
    I wonder if a "limited redistribution" of wealth includes selling the Vatican archives, the Vatican library, Vatican papers, vatican treasures, etc, etc to various museums and other institutions around the world, and then "redistributing" the wealth that would be procured from this? Some may say that words have been misinterpreted. If so, then clarify without any possible misunderstanding. But... if there is no misinterpretation, then why not include these in the redistribution of wealth?
  • Pope Francis' Wealth Redistribution Is Economically Fallible

    05/10/2014 10:03:40 AM PDT · by SeekAndFind · 23 replies
    IBD ^ | 05/10/2014
    Pope Francis demands wealth redistribution. He forgets St. John Paul's recognition of the "positive role of business, the market, private property" as "the model which ought to be proposed" for the Third World. Addressing U.N. Secretary General Ban Ki-moon and other officials on Friday, the first supreme pontiff from Latin America called for "the legitimate redistribution of economic benefits by the state." Excuse the irreverence, but his holiness may be forgetting the hundreds of millions of souls whose lives have been improved, lengthened, even saved by maximizing capitalism and minimizing government.
  • CDF head: Pope Francis has close ties with liberation theology

    05/02/2014 2:08:03 PM PDT · by BlatherNaut · 27 replies
    The Tablet ^ | 5/2/14 | Christa Pongratz-Lippitt
    Pope Francis has close ties with liberation theology, the prefect of the Vatican’s Congregation for the Doctrine of the Faith, the body that once condemned the movement, has said. In a lengthy interview in the German daily Frankfurter Allgemeine Zeitung (FAZ), Cardinal Gerhard Ludwig Müller said Pope Francis “is not so much a liberation theologian in the academic sense, but as far as pastoral work is concerned, he has close ties with liberation theology’s concerns. What we can learn from him is the insight that there is no pastoral work without profound theology and vice versa”. In the 1980s the...