Investor’s Business Daily and “The Audacity of Socialism”
By Uppity Woman on October 1, 2008 at 4:59 AM in Bamboozling, Barack Obama, Current Affairs, Hoodwinking
A commenter named “galsdownsouth” just gave me Gold. Investor’s Business Daily has an entire series on Barack Obama, including Audios of their series entitled, “The Audacity Of Socialism”. The entire catalogue of revealing essays and their audio links can be found here.
Please take the time to look over their 18-part eye-opener.
In Part 1, they discuss “Barack Obama’s Stealth Socialism”.
During his NAACP speech earlier this month, Sen. Obama repeated the term at least four times. “I’ve been working my entire adult life to help build an America where economic justice is being served,” he said at the group’s 99th annual convention in Cincinnati.
And as president, “we’ll ensure that economic justice is served,” he asserted. “That’s what this election is about.” Obama never spelled out the meaning of the term, but he didn’t have to. His audience knew what he meant, judging from its thumping approval.
It’s the rest of the public that remains in the dark, which is why we’re launching this special educational series.
“Economic justice” simply means punishing the successful and redistributing their wealth by government fiat. It’s a euphemism for socialism.
You can hear the rest on audio here.
or
You can read the rest of this piece here.
There is a total of 18 advancing articles with audios on Barack Obama and the threat of Socialism at the catalog link above.
- from the IBD article:
No - We Can’t!
The trojan candidate! Planned a long time ago. he’ been groomed.
Get real: Socialism isn’t communism. A little bit of redistribution wouldn’t hurt the US.
Then give me the Rezko mansion and Michelle Obama’s salary increase.
The basic premise behind redistribution is forget about “me first”…
Says the guy with no name.
If you want to forget about yourself and give to others, no one is stopping you. Don’t use government to make everyone do the same.
Socialism is taking other people’s money to fund social programs you like, and denying people the funds to pay for things they want.
It sacrifices individual liberties and responsibilities for the “greater” good as determined by a selected few. It shields the individual from the consequences of his follies leaving the burdens of those things to the masses. Therefore, it encourages bad behavior. It denies the individual the fruit of his labor and talents, giving them to the masses. Therefore, it discourages hard work and deprives society of ingenuity and creativity.
That’s the fly in the ointment with socialist figureheads…they redistribute everyone else’s wealth but somehow manage to hold on to their own.
heh….
Look at this….. No surprise here. They are feeling confident enough for him to come in out of the cold.
Soros floats alternative bailout plan with Dems
The billionaire financier George Soros, a major Democratic financial backer, is floating his own rescue plan among Democratic lawmakers who are uncertain what to do in the wake of a surprise defeat of a proposed $700 billion rescue package proposed by Treasury Secretary Henry Paulson.
Soros has outlined his plan in an opinion editorial in the Financial Times and circulated a concept paper among decision-makers.
Specifically, the liberal philanthropist has proposed that government funds should be used to recapitalize the American banking system by purchasing equity in banks and investment firms.
Was this not # 5 in Karl Marx plan?
http://thehill.com/leading-the-news/soros-floats-alternative-bailout-plan-with-dems-2008-09-30.html
It is unclear whether Soros entry onto the debris-strewn field of the debate will help lawmakers reach agreement on an alternative proposal or further anger House Republicans.
Soros is a bogeyman among many Republicans. He clashed famously with former Republican Speaker Dennis Hastert (Ill.).
During the 2004 election Hastert questioned the source of Soros’s wealth and suggested it could have links to the drug trade.
Soros’s plan could find favor among members of the Congressional Black Caucus, many of whom voted against the Paulson-based plan Monday
excerpts from thehill.com/leading-the-news/soros-floats-alternative-bailout-plan-with-dems-2008-09-30.html
Then share what you have. I am doing all I can to keep body and soul together and prepare for retirement. I have another child to put through college.
I have no problem with sharing but I want to share with whom I choose not whom Barack Obama Chooses.
Redistribution doesn’t work ever anywhere. Look at ZImbabwe. Look at the former East Germany.
GAAAAA
Would Geraldine Ferraro say what most people are thinking again? Economic justice means take from the
hard workingwhites and give to theslackerblacks.Oh can I have some of the 4.2 million BO made last year. Pweeeze….. He made 1.7 million the year before - he can afford it!
the problem is the initial distribution in the first place. workers are not being compensated fairly for their labor. every year corporate profits go up while worker wages reamin stagnant. the “redistribution” is already occurring - it is from the bottom to the top. one should be careful about these issues; we definitely want to reward WORK; but those who do not work (able-bodied people) should not be rewarded with a lifetime on the dole at everyone else’s expense.
Isn’t Obama’s plan the same one that Mugabe is doing in Zimbabwe? Don’t they have hyper-inflation because of it? They can’t stabilize their money.
Don’t confuse BHO sr. and BHO jr.
Obama wants to take from the rich and give to the poor, redistribution of wealth. That is what Zimbabwe did, they took from the rich whites to give to the poor blacks. They had a thriving economy, not great. Now look at it.
They redistributed without any measure because racism was the main driving force. And they took away everything from the whites and kicked them out. Hardly a true measuring stick.
Thoughtful redistribution is a positive and stabilizing thing for any economy. What are the so called bailouts? Just another form of redistribution.
Funneling tax payer dollars to Rezko’s slum landlord empire and ultimately to the Obama mansion was also a form of redistribution. And Obama’s earmark requests for his wife’s employer, who then awarded Michelle Obama with a salary increase, is also a form of redistribution.
Give me the Rezko mansion and the salary increase of Michelle Obama, and then, perhaps, I will discuss redistribution’s ability to stabilize the economy.
As I wrote elsewhere, the thought is a good one, BHO redistributing the money is not a good idea.
BHO Jr IS BY FAR THE WORST OF THE TWO.
At least Obama SR had the grace to leave the planet and not spew anymore poison.
Not confused. They are one and the same. Mack Daddy’s. haahaha
You don’t believe that those wealthy 5% are going to continue to live in the USA do you? This place will look like Cuba in five years.
you mean filled with great baseball players and boxers?
Adios amigo.
Didn’t Cuba have a socailist economy before the revolution, the rich and the poor? They revolted and they went further left to communism. I guess the revolution failed for the people.
The athor is dead wrong about the meaning of the word “socialism.”
Socialism is not synonymous with dictatorship or even central control. Socialism includes sidewalks, public libraries, and the military. No nation would last five minutes withot socialism.
The real problem here is that Americans only know right or wrong, black or white, liberty or dictatorship. A bit of socialism wouldn’t hurt the US at the moment and it would allow the whole country to get on stronger footing again - because at the moment it’s falling apart at the seams.
It will scare conservatives to know that Americans are actually DEMANDING more socialism.
A vast majority of Americans want a universal health care system. Most Americans want more gun control. Most Americans want the government to do more about the economy, to regulate businesses more firmly, and to take a more active role in many areas. Americans want more socialism.
But it would be something new for America, a break with its own history so to say. That’s why a lot of people are scared. To be honest with the resources of the US that could be a thriving country. But in reality its infrastructure is in shambles, its military is wasted and its economy is suffering.
I think McCain would have a great chance to get elected if he would visualize his vision of change more clearly. I think he could break a middle ground between conservatives and lefties.
The New Deal reduced the poverty rate in America from over 50% to around 20%. The Republicans have never forgiven the Democrats for this.
oh hell perry…don’t stop there…go back to slavery and point out that the republicans are pissed that we freed the slaves and increased the price of cotton.
Unicorns and Rainbows perry, unicorns and rainbows.
LBJ’s War on Poverty reduced the poverty rate even further—to the lowest rate in history. Ouch!
which war on poverty was that perry?
Was it the Vietnam war?
The one where they DRAFTED people?
You don’t think DRAFTING PEOPLE INTO THE MILITARY had anything to do with reducing unemployment and poverty?
OUCH!!
Once the War On Poverty began poverty rates stopped declining.
I believe the Republicans freed the slaves.
i was hoping to trap Perry on that one…good going for spilling the beans.
I’ll give you Lincoln. But the fact that 90% of black Americans are Democrats suggests things have changed.
Yes. Because Martin Luther King was a republican yet the Democrats fooled the AA community into leaving the republican party during the civil rights movement…now tell us how they did it perry.
lets see how honest you can be about it.
Ever heard of the Southern Democrats? Racism LOL!
There is credible historical evidence that the New Deal actually made things worse, however well-intentioned. The catastropically high taxes made poverty cut deeper and last longer, in part because those people already couldn’t afford to get by, and partly because the job market couldn’t grow and create jobs because they were so financially crippled. There is a very good academic article by Jim Powell you might care to read:
http://www.cato.org/pub_display.php?pub_id=3357
Yes as an american i want more government bigger government intrusive government…you are right…
I want government to tell me how to run my business…
…to tell me what diseases i can have cured and what ones can only be cost effectively managed…
…to tell me what religion i can practice…
…what guns i can purchase…
…and i want government to teach my children to sing the praises of Dear Leader…
Thanks Perry, if it wasn’t for your incredible epiphany that Americans WANT MORE SOCIALISM I would have lived the rest of my life in ignorance.
I see the Light Perry…OMG I AM SO BURSTING WITH THIS NEW KNOWLEDGE that I Think i just farted Hope and it Left a big pile of Change in my pants!!!!
Most Americans disagree with you. They want more government:
http://mediamatters.org/progmaj/report
Strong government is different than big government. Most people want smaller government, less intrusive.
but by extension doesn’t that directly indicate that if the country had less problems the people would want less government?
Also linking MediaMatters.Org as a reference on socialism is like Linking Hannibal Lector as a proponent of Eating More Red Meat.
You kind of blew your postion with a highly questionable source that is clearly in the tank for more socialism.
Rainbows and Unicorns Perry.
Perry most folks want COMPETENT AND HONEST GOVERNMENT….Aaaaand like many other things….it aint’ always about SIZE….
If you want smaller government, vote Democratic.
(This excludes Obama, of course, who is a total bummer.)
Democrats usually beat Republicans at their own small-government game. In fact, over the last century, the government has grown much less under Democrats than under Republicans. Two Democratic Presidents—Truman and Clinton—actually made the Federal government smaller!
EEK. perry…you are going to get struck by lightning if you go outside after lying like that.
Almost every government expansion of note has occured while democrats controlled the government.
I love you, Jeremiah.
why what did it do this time?
You can lead a Jeremiah to water, but you can’t make him drink.
I saw what they did to Hillary & Bill Perry.
I wouldn’t trust water from party democrats.
I saw what they did, too. That’s why I’m here.
But being mad at some Democrats doesn’t make all Democrats bad from the beginning of time. This would definitely be a case of throwing the baby out with the bath water.
Same goes for the Republicans…
Not this one……I don’t want more socialism. I want less.
Impeach Pelosi. Problems solved!
“Americans only know right or wrong, black or white, liberty or dictatorship.”
ONE:
About 50% of us are comfortable with ambiguity. The other half simply cannot countenance it. Thus half of us cannot deal with the world as it is.
TWO:
By definition, half the population is of below average intelligence.
THREE:
Local control of education entrenches rural and regional idiocy.
FOUR:
Peer group pressure discourages inquiry or curiosity.
1+2+3+4= George W. Bush and the electorate that put him into office twice.
This is a hole the nation will not climb out of in the foreseeable future. You have and are now raising ignorant children.
We are fucked.
Fannie and Freddie are socialist organizations, aren’t they? Isn’t that what caused the crisis? They weren’t part of the free market system.
No the problem at Fannie and Freddie was that you had corrupt executives taking on more risk than allowed. Problem was that no one did anything against it until it was too late. They gambled and it wasn’t even their own money.
Would that be Mr. Raines who is the adviser to the Obama campaign?
The risk was mandated by the Community Reinvestment Act (CRA).
oh my and who pray tell pushed through that act.
Well someone *cough* John McCain *cough* did try in 2005. But the Democrats wanted the gravy train to keep-a-rolling. Which it did, until it didn’t.
What caused this crisis was Fannie Freddie and the Democrats Regulating the banking/Mortgage industry with heavy penalties if they didnt make loans to minorities and poor people.
This forced lenders to lower their standards of what constitutes a good borrower.
Democrats guaranteed it with Freddie Fannie and Ginnie saying lower standards are good enough for them and they will buy those mortgages.
SO the banks had no choice. Either Lower standards to fannie freddie ginnie levels and make subprime loans available to people that they normally wouldn’t or face have penalties from the Government.
This ofcourse led to predatory lending.
Aka who cares if its a shit Loan its good enough for fannie freddie
and you know the rest.
The crisis is caused by CORRUPTION from the top down! Make no mistake about it. Throwing money at the problem while keeping the same corrupt DemocRAT officials
running the shownot doing their job is a big mistake. IMPEACH! Pelosi and her gang are in it for their own personal gain and that is how we end up in this mess!It seems odd that someone so in favor of economic justice and income redistribution has a history of being so stingy with his own charitable donations. I guess he’s more generous when he’s spending the tax payers’ money.
The rich always find ways to avoid taxes, so somehow I see this economic justice as taking from higher income middle class Americans and giving to the poor (well, in theory the money will be for the poor, but in practice much will be syphoned off to corrupt politically connected entities and individuals). The Chicago way on a national level.
I think thoughtful redistribution is a good thing.
I think BHO handling the redistribution task is a very bad thing.
I dont recall which great thinker said this but it was along the lines of it doesn’t matter if you redistribute all the wealth, within a very finite space of time it will end up back in the hands of those who had it before.
The solution is not givng every man a fish for his daily meal. Its teaching every man to fish for himself.
exactly, poor people have poor ways. It goes back to being accountable. They aren’t responsible with themselves or with their money. So it won’t matter how much they have. When you place more importance on crack and twinkies then you do paying your light bill or getting new tires for your car, the problem isn’t just about money. It’s about educating people and making them be accountable for themselves. And as long as the government keeps helping them without asking for anything in return, it won’t change.
The paradox lies in government’s supposed desire to reduce poverty by making poverty more comfortable.
Nelson Rockefeller said it
Haven’t the Chinese had several redistributions? (before the Communist one) and the wealth always ends up reconcentrated in the hands of a few. Look at them now, still there are rich ones and very poor ones.
Yeah. What we need are benevolent redistributors who will do it right.
As soon as as you find those paragons of virtue please point them out.
I would like to nominate…myself. All your Mutual Funds are belongs to me!
BHO will redistribute it to Kenya and his own Bank account. That’s all folks. Ask Oprah to redistribute her dough. Oh, that’s right, it’s only redistribution of white people’s money to blacks..oh
Well I’ll be damned if I have to support this. Not many are going to keep their money here. This is bad.
Welcome to my world.
Per Obama campaign directives, media is telling us today that rookie Biden has little chance against formidable Sarah
http://edgeoforever.wordpress.com/2008/10/01/joe-attacked-by-damsel/
It is worse than that. The debate moderator has a pro Obama book coming out:
http://powerandcontrol.blogspot.com/2008/10/palinbiden-debate-moderator-author-of.html
Everyone make sure to set your tivo’s on record mode…I hear Joe Biden is bringing a gun to this knife fight.
I saw Sarah on TV this a.m., part of the Couric interview. Couric asked Palin if it is sexist to ask Palin about her qualifications for office.
Palin’s response: It would be sexist if you didn’t inquire about my qualifications.
(Has Katie ever asked B0 if it is considered racist to question his qualifications?)
ha, good response Sarah!!
He washed up and senile. He is sooo out of touch.
Anonymous, how about explaining the difference between “thoughtful redistribution” and what I suppose would be thoughtless redistribution?
Thoughtful redistribution…What’s yours is mine.
Thoughtless redistribution…What’s mine is yours.
Thoughtful redistribution= rob from the rich to give to the poor and some wealthy black friends too.
Thoughtful redistribution=what’s yours is mine. What’s mine is mine.
An example of thoughtful redistribution of wealth would be the Clinton Administration, when income rose at all levels, the poverty rate for African Americans dropped to its lowest level in history, and the poverty rate for Hispanics fell to its lowest level since 1979.
An example of “thoughtless redistribution of wealth” would be the Bush II Administration, duirng which poverty has increased and income inequality has reached Gilded Age levels.
Imagine that, Bill the racist did so much for the African American Community but damn if they didn’t chuck him to the curb when Barky Born Because of Selma Alabama showed up.
Thats unfortunately still not thoughful redistribution.
The wealth of the rich did not decrease as the wealth of the poor increased.
Everybody benefitted from the economic expansions started in the Reagan adminstration, carried through the bush administration and that came to full fruition in the Clinton years.
Thats not thoughtful redistribution thats economic prosperity.
I would characterize that more as a “rising tide lifts all boats.” Which is the kind of economy I like to see.
Redistribution is BULLSHIT. You work for what you want period. This shit of giving away just because someone thinks they deserve it or the color of their skin. You know what? I think I deserve more than I get paid too but that doesn’t mean I am going to get it. Is this redistribution going to benefit white women too or just black people? I don’t want any hand outs, I’ll work for what I get, thank you.
We have redistributive policies and have for years. The rich already pay most of the taxes for example. Many services are income based for eligibility. Conservatives were warning about creeping socialism 40 years ago.
And even though I am not really a liberal, I agree that this is a wealthy nation that should not have the poverty we do have in pockets. I think everyone should have access to health care and housing. And I think that should be doable without damaging the economy or stifling incentive.
BUT when I look at the efforts of liberal government programs - FAIL. The global poverty rate according to UN data has been cut in half since 1980. The US poverty rate remains unchanged since the war on poverty began in the early 60s. Now why is that? Maybe it’s because government programs and the people who end up running them suck and are really only in it for themselves. Obama is a community organizer who cares about economic justice but he has a million dollar house on a sweetheart mortgage and his racist wife has a 300k plus non-job at the University of Chicago. That’s the kind of economic justice we get when we buy into tax the rich redistribution bullshit rhetoric.
Economic justice means you get what you earn. Social justice means some of it gets redistributed to those unable to earn enough on their own. I’m all for that as soon as we get the government suck out!
I don’t mind if people want to lose thier own money…it’s America, I just don’t want to be the one that gives them MY money to lose.
There is an absence of political authority in America…no one person is leading and the Pelosi armada is in the tank for ACORN and other groups that are just as bad as the Wall St. people…except the ACORN people want to steal my vote too.
I am full of contempt for both parties.
I’ve been an independent since 1990, but I have never felt worse about the people in government getting anything done…except with Katrina…
MORE GOVERNMENT IS NOT THE ANSWER..at least not with the kooks in now.
I think Obama would make everything WORSE. He is a snake oil salesman…and the young children singing reminded me of my trip to China this year…they had that DICTATOR look on their face…I showed it to my family, and the first thing they said was EEEWWWHHH.
What I think about the VP debate moderator….I think she is going to be the one to embarrass herself along w Joe Biden. Most intelligent people do not expect Sarah Palin to do as well as Joe Biden who has been in the Senate for 20+ years. They will expect a moderator to act like they have some sense as well as Biden. I think people supporting Obama are so delusional with their support that they make themselves look bad when they start drooling and getting defensive. No, I think Governor Palin will do just fine. Moderator, not so much. Her bias will be showing…like the Emperor w no clothes….