This is merely a place where I can express myself. I will post news articles, points of faith, stories, fellow blogger posts (with due credit of course), and generally anything I feel is worthwhile.
...I am beginning to think that H stands for the name of another historical leader...
Ronald Reagan was surely not a prophet. However, compare his warnings to Barack Obama’s quotes below:
“[T]he Founding Fathers… knew that governments don't control things. A government can't control the economy without controlling people. And they know when a government sets out to do that, it must use force and coercion to achieve its purpose. They also knew, those Founding Fathers, that outside of its legitimate functions, government does nothing as well or as economically as the private sector of the economy.” – Ronald Reagan, 1964
And now from BHO:
“I think that there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalitions of power through which you bring about redistributed change” – Barack Obama, 2001
Coalition of powers to bring about redistributive change? Now, go back and re-read Reagan’s warning again. See the connection?
Or in other words…
“We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded [as our military]." – Barack Obama, 2008
SPREAD THE WEALTH, SPREAD THE WEALTH, SPREAD THE WEALTH
What Obama and the Democrats are going to do is make it even worse than the current so-called barstool economics tax plan:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay NOTHING. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59.
So, that's what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.
'Since you are all such good customers," he said, "I'm going to reduce the cost of your daily beer by $20."
Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still pay NOTHING.
But what about the other six current paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay!
And so: The fifth man, like the first four, now paid nothing--(100%savings). The sixth now paid $2 instead of $3 ----- (33%savings). The seventh now pay $5 instead of $7 ----- (28%savings). The eighth now paid $9 instead of $12 ----- (25%savings). The ninth now paid $14 instead of $18 ----- (22%savings). The tenth now paid $49 instead of $59 ----- (16%savings).
Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
“I only got a dollar out of the $20,” declared the sixth man. He pointed to the tenth man, “but he got $10!”
“Yeah, that's right,” exclaimed the fifth man. “I only saved two dollars. It's unfair that he got five times more than I!”
“That's true!” shouted the seventh man. “Why should he get $10 back when I got only two? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison. “We didn't get anything at all. The system exploits the poor!”
The nine men surrounded the tenth and beat him up. The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!
And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
No, Democratic Tax strategies aren’t socialism, they’re economic treason….And yes, they actually are socialism.
