MEOW!!!
Last time Obama was going to be fiscally conservative, September 22, 2008;
Obama Vows To Cut Federal Spending On Contractors [ Campaign Promise Up In Smoke ]
http://www.freerepublic.com/focus/f-news/2231305/posts
Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing on Monday to slash federal spending on contractors by 10 percent and saving $40 billion.
Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending.
Professor flunks whole class in Socialism experiment - see why?
This is an excellent real-world explanation, read on:
An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then said ok, we will have an experiment in this class on socialism.
All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an ‘A’. After the first test the grades were averaged and everyone got a ‘B’. The students who studied hard were upset and the students who studied little were happy.
But, as the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too; so they studied little.. The second test average was a ‘D’! No one was happy. When the 3rd test rolled around the average was an ‘F’.
The scores never increased as bickering, blame, name calling all resulted in hard feelings and no one would study for the benefit of anyone else. All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great; but when government takes all the reward away; no one will try or want to succeed.
Could not be any simpler than that...
