Bookworm on Nov 07 2008 | Filed under: Economics, Education
I suspect that, once Obama starts raising taxes, buyer’s remorse is going to set in with incredible speed. This article focuses on the local economy, but is a harbinger of what will happen when taxes go up on a larger, national scale:
A temporary 1.5 percentage point sales tax increase proposed Thursday by Gov. Arnold Schwarzenegger [...]
Bookworm on Oct 23 2008 | Filed under: Barack Obama
Because the video’s creator cut in footage from Penn & Teller, there’s a fair amount of swearing, but it’s still a good video:
http://www.youtube.com/watch?v=491_5WxfcgI
Bookworm on Oct 22 2008 | Filed under: Economics
I’m no economist, but I can do basic math, and I’ve watched European countries over the last 40 years. I figured out that taxing 50% of the country so that it supports the other 50% is a mistake. Adam Lerrick uses intelligent language to explain why.
Sphere: Related Content
Bookworm on Oct 10 2008 | Filed under: Barack Obama
Kimberley Strassel does a completely masterful job of debunking the illusion supporting Obama’s supposed economic policy:
And now, America, we introduce the Great Obama! The world’s most gifted political magician! A thing of wonder. A thing of awe. Just watch him defy politics, economics, even gravity! (And hold your applause until the end, please.)
To kick off [...]
Bookworm on Sep 18 2008 | Filed under: Barack Obama, Economics, Immigration, Taxes
Governments tax people. They always have. A good question to ask, though, and one we haven’t seen asked lately is — what’s that money for?
The Founders had an idea about what taxes were for. In the Constitution Art. I, Sec. 8, they spelled out the purpose behind taxes:
The Congress shall have Power To lay and [...]
Bookworm on Sep 18 2008 | Filed under: Barack Obama, Taxes
When the going gets tough, the candidate of hope and change, the one who assured us we’re in for the era of “a new kind of politics,” starts rolling around in the dirt and barking out the same old Chicago thuggery:
“Sen. McCain bragged about how as chairman of the Commerce Committee in the Senate, he [...]
Bookworm on Sep 15 2008 | Filed under: Barack Obama, Education, John McCain, Sarah Palin, Sex, Taxes
The McCain campaign is giving substantive responses to the attacks the Obama campaign is leveling against it:
TO: Interested Parties
RE: Empty Words And Insults Cannot Cover A Weak Record
DATE: September 15, 2008
Over the last few days, the Obama campaign has watched their poll numbers falter and decided to lash out with personal attacks against Senator McCain [...]
Bookworm on Sep 07 2008 | Filed under: Barack Obama, Economics, Taxes
Wow! Unless I’m very confused, beneath all the O-babble here, Obama is conceding that low taxes benefit the economy:
Democrat Barack Obama says he would delay rescinding President Bush’s tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.
Nevertheless, [...]
Bookworm on Sep 03 2008 | Filed under: Barack Obama, Taxes
As nice a summary as any I’ve seen of the practical effects of the proposed Obama tax plans:
But here’s the thing: It’s not that Mr. Obama hasn’t been specific enough in his governing plans. To the contrary, he has been very specific about his tax policy, health-care and energy proposals. It’s that voters are paying [...]
Bookworm on Aug 21 2008 | Filed under: Barack Obama, Economics, Taxes
Jack Kemp and Peter Ferrara on Obama’s tax proposals and how they’ll affect all of us:
Obama has proposed increases in every major federal tax. He has proposed to increase individual income taxes, with the top rate to rise to almost 40 percent. He has proposed to increase the top capital-gains tax rate by 33 percent. [...]
Bookworm on Jul 31 2008 | Filed under: Taxes
Forget Exxon’s “greedy” shareholders. The New Editor reminds us (which is something the MSM overlooked), that when Exxon does well, we all do well.
Bookworm on Jul 30 2008 | Filed under: African-Americans, Barack Obama
Obama was caught during his speech to minority journalists making noises that sounded remarkably like reparations talk:
“I personally would want to see our tragic history, or the tragic elements of our history, acknowledged,” the Democratic presidential hopeful said.
“I consistently believe that when it comes to whether it’s Native Americans or African-American issues or reparations, the [...]
Bookworm on Jul 13 2008 | Filed under: Barack Obama
Democrats have one attitude towards taxes: raise ‘em. The higher they are, they think, the more money that government will have to redistribute to those the Democrats deem worth. They never seem to grasp that low, stable taxes are infinitely more beneficial to the economy, in both boom times and bust.
Obama, of course, is foremost [...]
Bookworm on May 03 2008 | Filed under: Barack Obama, Democrats, Economics
In keeping with my prior post, about the callous illogical shown in one of the Times’ most recent articles, I’d like to highlight Obama’s insistence on a “windfall profits tax” — another “bright” idea showing a rather typical Democratic refusal to recognize cause and effect, not to mention a willful refusal to acknowledge historic evidence:
You [...]
Bookworm on Feb 13 2008 | Filed under: Barack Obama, Economics
Obama is going to revitalize our economy by having more government control over the economy and by ending the Bush tax cuts for upper earners. increasing taxes on the middle class. If by “revitalize,” he really means “Carterize,” I guess he’s right. Otherwise, I have grave doubts about the wisdom of his [...]
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