Archive for the ‘Socialism’ Category

Even France Rejects Socialism

Monday, June 5th, 2017

Many American voters lamented that our election choices came down to two highly unlikeable candidates – Hillary Clinton and Donald Trump.

But France’s recent election wasn’t much better. The two leading candidates were Emmanuel Macron and Marine Le Pen. Macron is a “centrist,” which, by French standards could be someone to the left of Fidel Castro. Le Pen is described by media as “far right,” the term used for anyone with views that are not widely accepted by the media, such as not endorsing socialism.

Le Pen might also be described as a crazy racist anti-American, but wouldn’t someone who chooses Russia over the U.S. be far left, not far right?

Center-right Republican François Fillon might have been the new president if he hadn’t been “formally charged in a widening embezzlement investigation” due to allegations that he paid his wife and children “hundreds of thousands of euros from the public payroll for little or no work.” Even in often-forgiving France, nepotism is unpopular.

Macron France’s Youngest Leader

Macron, who was decisively elected president, is France’s youngest leader ever, having been elected at age 39. He is “an outspoken EU supporter who wants to establish a command center for the Continent’s defense, create a border police force, loosen France’s rigid labor rules, cut payroll taxes and reduce French public-sector employment by 120,000,” according to The Wall Street Journal. (more…)

New Year’s Resolutions for Others to Break

Monday, January 9th, 2017

We all make New Year’s resolutions and typically break them by the time the ball drops on Times Square.

With the same good intentions and low expectations of success, this year we’ve decided to suggest New Year’s resolutions we want others to follow. Some of our suggestions below may be carried out by the stated parties, but others have no chance of even being considered. They should be though, and that’s why we’ve included them. 2017

President Obama: Resolve to golf daily. It seemed as though President Obama was always golfing when there was work to be done. Now, when he should be out golfing, he’s busy working on his legacy.

And what a legacy it will be! The economy failed to achieve 3% growth during any year in which he was president, which is a first. The federal debt doubled, Russia and China have filled the void left by leading from behind, and Iran and North Korea have moved closer to becoming nuclear powers.

He’s ignored Congress, using executive orders to break all records for new regulations. But he hasn’t ignored the world’s dictators, having lifted sanctions on Cuba and Iran, two of the world’s most repressive regimes.

And now, post-election, he’s shown his disdain for Israel by abstaining from a United Nations vote and “allowing a nasty and harmful anti-Israel resolution to pass the United Nations Security Council,” The Weekly Standard reported. The resolution says Israeli settlements in occupied territory have no legal validity and are a violation of international law. (more…)

Fed, Not Capitalism, Responsible for Income Inequality

Monday, May 30th, 2016

“Income inequality in the United States has been growing for decades, but the trend appears to have accelerated during the Obama administration.”                                                                                                 The New York Times

Today, America has the widest gap in income equality in history.

If capitalism is to blame, as French economist Thomas Piketty claimed in his bestseller, Capital in the Twenty First Century, how can that be?

During the past eight years, the federal government has virtually taken control of healthcare, the Internet (regs to come) and, to a great degree, the financial sector. The minimum wage has doubled in many markets and spending on entitlement programs such as the supplemental nutritional assistance program (SNAP) has skyrocketed.Gini Coefficient

In other words, America has moved much closer to socialism, with greater government control over our lives. Capitalism has ebbed, as fewer businesses are being formed and fewer still are going public.

President Obama made income inequality the main theme of his 2015 Economic Report of the President and his last two State of the Union speeches.  As Occupy Wall Street, MoveOn.org and other left-wing and left-leaning organizations have made income equality their rallying cry, the gap between rich and poor has widened.

How come? (more…)

Democrats Offer Socialism vs. Near Socialism

Monday, February 15th, 2016

Being America, we can choose whoever we want to be President of the United States.  So how did we end up with this group?

We have a self-proclaimed socialist and a former first lady no one trusts (with good reason) fighting for the Democratic nomination.  And we have a billionaire who seems to think anyone whose family didn’t come over on the Mayflower should be deported as the leading candidate for the Republican nomination. Clinton1web_2831249b Bernie

Someone reasonable may yet emerge from the pack of presidential wannabes, but let’s take a closer look at what a Sanders, Clinton or Trump presidency would mean to your finances—and to America.  We’ll start with the two Democrats this week and take on The Donald and other Republicans next week.

As for the Democrats, this is not JFK’s Democratic Party or even Bill Clinton’s.  Both Hill and Bernie are campaigning as the saviors of the middle class by campaigning to the left of President Obama. (more…)