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Considering America’s now rampant economic illiteracy and widespread ignorance of history and philosophy, I wonder whether we’re now past the tipping point and the American Dream is doomed? You’ll notice that every policy decision that our beloved, alleged President makes is to further impoverish Americans – to make them wonderfully dependent, EQUALLY impoverished.
Folks, on net, it is DESTROYING your wealth. The Cash from Kleptocrats program creates a plethora of new broken windows. The grand point of this famous economic parable, which eviscerates Obanomics, is that without the hoodlum breaking his window, the baker will buy whatever goods he was going to buy in the first place, AND he has an intact window (retains more wealth!). But, of course, in C4C, the genius kicker is that the baker’s other out-dated windows (which still have value in a free market) are also broken for his added convenience – so he can replace them with more efficient “green” windows.
WARNING: These audacious, skyrocketing federal deficits do not yet include: (1) The “Cap and Trade” massive tax scheme (largest in American history if it passes the Senate). (2) The Socialized Medicine extravaganza – destroying our superior private health care system, in favor of the rationed ObamaCare “Universal” health care scheme. (3) “Immigration Reform” – aka The Mother of all Amnesty schemes. And now, Congress is even contemplating another colossal “stimulus” pork-laden spending scheme.
ThoughtRogue: Hey, the Penny Guy’s back, and he’s got another brilliant economic illustration that even a Leftist might be able to understand…
TR: Hey, State Media and Faux-bama, Get A Room!
TR: Translation – The Honeymoon’s Ovah!! Now, it’s time to sit back and watch the Faux-bama Fireworks display as the economy continues to implode, the U.S. border is left wide open to tens of millions of invaders, and Islamo-fascism continues its global march against Western wussies.. Even a messiah loses his training wheels By Wesley [...]
By Christopher Ruddy, Newsmax If Simon & Garfunkel were still recording today, they might pen a hit new song, to the beat of “Mrs. Robinson,” titled “Where Have You Gone, Milton Friedman?” The Nobel Prize-winning, free-market economist died in 2006. But Friedman was not only a brilliant theoretician, he was an articulate advocate for our [...]
By -ThoughtRogue Peter Schiff, President of Euro Pacific Capital, absolutely nails what’s gone wrong with our economy and does not sugar-coat the effect that Pork-Zilla will have on your future standard of living. Schiff is one of the very few who has been presciently ringing the alarm bell for years now, while he has accurately predicted the [...]
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