Wednesday, October 15, 2008

Barack: I believe in spreading the wealth via taxation

Approx. 40% of Americans have low enough income to owe zero income tax.

Barack wants to take money from the 60% of Americans who pay taxes, then distribute checks to the 40% of Americans who do not pay taxes.


On a rope line, an Ohio plumber: "Joe the Plumber" on your Google search, complained that his new business was worth $250,000-$280,000, and that Barack was going to raise his taxes and thus hurt his attempts to grow his business.

Barack's answer to Joe the Plumber:
"I believe when you spread the wealth around, it's good for everybody."

Everyone wants the economy to be good "from the bottom up". Allowing the free market to work, and to create opportunity, is the best way for that to happen.

"From each according to the dictates of his own conscience" is very different than "from each according to the dictates of Barack's government". It's one thing to take tax money so as to build bridges and raise national defense. It's a completely different thing to institute a policy of distributing tax money to those who pay no taxes. Here's what economist Arthur Laffer told Neil Cavuto today:
People respond to incentives [to keep more of their income via lower income tax rates].

If you give money to poor people, what you are going to have is fewer rich people, and resultingly a lot more poor people. You cannot redistribute income without making everyone poorer.

JFK said "a rising tide lifts all boats." He also said "No American is ever made better off by pulling another American down."
Barack defines "refundable" and "tax credit" unlike those words have previously been defined in English language. In plain language: Barack proposes a national policy of distributing monies to persons who have not paid taxes
All but the clean car credit would be "refundable," which is Washington-speak for the fact that you can receive these checks even if you have no income-tax liability. In other words, they are an income transfer -- a federal check -- from taxpayers to nontaxpayers. ...
Let's try saying it this way: Barack wants to wildly expand Welfare; he wants to call his Welfare expansion "refunds" and "tax credits". Examples:
  • Barack will give nontaxpayers $500 of your money if they "make work pay". [I don't know what "make work pay" means. I've always delineated between "work" and "charity" according to the presence or absence of monetary compensation.]
  • Barack will use your money to pay $4,000 per year of the tuition costs of the children of nontaxpayers. [Drawing from my life experience: it's a decent bet all students will be able to declare themselves independent nontaxpayers, resulting in U.S. taxpayers paying $4,000 per year of the tuition costs of basically every college student in America.]
  • Barack will use your money to pay for 10% of the mortgage costs of nontaxpayers.
  • Barack will give nontaxpayers $.50 of your money for every $1.00 which nontaxpayers put into savings instruments such as bank savings accounts.
  • Barack will use your money to pay $555 of the child support payments owed by nontaxpayers.
  • Barack will use your money to pay $3000 per year to nontaxpayers who have children. You will be subsidizing their childcare expenses. Who could oppose this? Do you hate children? [Might some unmarried 16 year old girls view this annual offer as a money tree which will keep on giving? Such is obvious unwise thinking. However: how much wisdom is spread throughout our national population of 16 year old girls?]
Spread the wealth is part of the "social justice" which Barack advocates. One of the interesting parts of Barack's statement to Joe the Plumber can be seen in this video:
"I just want to make sure that everybody who is behind you, that they've got a chance at success too."
This amounts to an open claim that the American Dream does not exist, that free markets do not work, and that citizens acting inside free markets are victims whose only opportunity is for government "to make sure... they've got a chance at success too". Forget the capabilities and the God given freedoms of the individual - do not protect his property. Government represents our only chance at happiness. Spread the wealth is socialism. Barack wants to grease the slippery slope.


Except for off teleprompter comments such as to Joe the Plumber, Barack has actively hidden his true views, and has forced us to look into his past for clues about who he is. In Barack's case, research indicated his economic beliefs fall somewhere between neo-Stalinism(Stalinism lite) and Euro Socialism. Unfortunately, before Joe the Plumber, if you pointed out this researched truth about Barack, you would be looked at as an extremist nut. Frustrating. Barack is hiding and lying about who he really is, the media are helping him hide and lie, and the finish line is in sight.

Here's some of the research Joe the Plumber reminded me of:

In "Dreams of My Father", just before Barack leaves Hawaii for Occidental College, his father figure/mentor Frank [based on Communist poet Frank Marshall Davis] tells him:
"[Do not] start believing what they tell you about equal opportunity and the American way and all that shit."
Barack's former church: Trinity Christian Church, explicitly and openly follows the Black Liberation Theology of Dr. James Cone. Stanley Kurtz:
In his 1982 book, My Soul Looks Back, Cone updates us:
"The black church cannot remain silent regarding socialism, because such silence will beinterpreted by our Third World brothers and sisters as support for the capitalistic system, which exploits the poor all over this earth."
"We cannot continue to speak against racism without any reference to a radical change in the economic order. I do not think that racism can be eliminated as long as capitalism remains intact."
[...] The problem, says Cone, is not liberation theology but the false Christianity of middle-class blacks who are "upset with American society only because they want a larger piece of the capitalistic pie." Cone concludes:
"Perhaps what we need today is to return to that 'good old-time religion' of our grandparents and combine with it a Marxist critique of society. Together black religion and Marxist philosophy may show us the way to build a completely new society."
Asked about these writings in a recent interview, Cone said,
"I'm not a Marxist. . . . I'm a theologian, and I want to change society. I was searching for my way forward. I want a society in which people have the distribution of wealth, but I don't know quite how to do that institutionally."
There is actually no contradiction between this carefully worded statement and Cone's position in My Soul Looks Back. He is chiefly a theologian, and has no specific economic program. Yet he seeks an alliance with Marxists and adopts a fundamentally Marxist analysis and critique of capitalism.
There's also no contradiction between "institutional distribution of wealth" and "spread the wealth".

No comments: