Economy


I’m getting wiped out by the Kondratieff wave. I wonder who is riding in the tube? How is this economy affecting you?

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I get many of these messages in email passed along to me on a regular basis. I haven’t tried to go out an validate whether it is true or not. Emotionally, it feels like it is true, given the current trend in the government. But then that IS the intent of these messages, to charge someone up emotionally. If you can prove either way, please reply to this post and share.

This is an insult and a kick in the butt to all of us… Get mad and pass it on – I don’t know how, but maybe some good will come of this travesty.

If the immigrant is over 65, they can apply for SSI and Medicaid and get more than a woman on Social Security, who worked from 1944 until 2004.

She is only getting $791 per month because she was born in 1924 and there’s a ‘catch 22.’ It is interesting that the federal government provides a single refugee with a monthly allowance of $1,890. Each can also obtain an additional $580 in social assistance, for a total of $2,470 a month.

This compares to a single pensioner, who after contributing to the growth and development of America for 40 to 50 years, can only receive a monthly maximum of $1,012 in old age pension and Guaranteed Income Supplement.

Maybe our pensioners should apply as refugees! Consider sending this to all your American friends, so we can all be ticked off and maybe get the refugees cut back to $1,012 and the pensioners up to $2,470. Then we can enjoy some of the money we were forced to submit to the Government over the last 40 or 50 or 60 years Please forward to every American to expose what our elected politicians Have been doing over the past 11 years – to the overtaxed American.

Jack Welch, former CEO of GE was on the news this morning.
Tax policies and business climate in the state of Rhode Island depict what would happen in the United States if the Obama tax plan takes hold.

Rhode Island has the highest business taxes in the nation, and as such no business wants to be in Rhode Island. M

Who’s going to create jobs? McCain or Obama?

Perhaps the grocer, the baker, or the blacksmith needs some help.

Which candidate really appeals to selfishness? (those that can be bribed)
Which candidate offers empty promises?
Which candidate is campaigning on trying to change that which he has no control over?
Which Candidate is only telling you what you want to hear?
Which candidate has supporters committing election fraud?
Which candidates campaign is raising millions in illegal and untraceable donations?
Which candidate has already lied to you?
Which candidate changes his position to appeal to the audience?
Which candidate is the epitome of hubris?
Which candidate wants to bankrupt American business?
Which candidate will defer to the destruction of Isreal?
Which candidate may not be U.S. born?
Which candidate associates with people of questionable character?
Which candidate thinks government should make your personal decisions?
Which candidate will result in less freedom and liberty?
Which candidate will sunset the Bill of Rights?
Which candidate will give the Supreme Court unlimited power?
Which candidate will squash freedom of speech?
Which candidate will abolish the right to bear arms?
Which candidate has no respect for your religious beliefs?
Which candidate is a relative unknown?
Which candidate is in it for himself?
Which candidate has the dangerous ego?
Which candidate appeals to mob rule and not the rule of law?
Which candidate is more divisive?
Which candidate will be bad for America and the world?

Which Candidate? Barack Obama!

Not according to Adam Smith. By pursuing my own self interest (?happiness?), I find the employment (work) that I am most happy performing and as such am able to contribute to society in a fashion that is most productive to society and happiest for me.

As Adam Smith described:

“Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer employment which is most advantageous to the society . . . . [H]e intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.” — Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, bk. IV, ch. 2, 397, 399 (D.D. Raphael ed., 1991) (1776).

Selfishness is a virtue. Thank you Hugh Hewitt for the reminder, and thank you Ayn Rand.

Also referred to on the Townhall site is this Milton Friedman interview by Phil Donohue:

Nearly 700 Million Dollars in campaign funds and over 300 Million in outside indirect support. Obama appears to be buying the presidency; current price take over 1 Billion Dollars. With so much spent, how could the race still be so close.

A capitalist will sell you the rope to hang him with.
— Lenin

And hung we will get if he buys the presidency.

So where is all of this money coming from?

If you have been drinking the Kool-Aid then you probably believe that millions of Americans made small donations in a ground swell of support.

The Obama campaign is using credit card companies from out of this country where the laws against fraud, accountability, and tracking are lax and in some cases untraceable. His campaign is getting repeat contributions far exceeding the legal limits from the same credit cards, using different names each time. The fraud is amazing, read on…

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