Thursday, May 27, 2010

Who Needs a Socialist America?

Sharing the wealth is the new "American Dream"

The utopian socialism forming in the previously capitalist America, believes in a voluntary and peaceful surrender of the control of businesses and personal wealth to government. In the new quasi-socialist American model, everyone is entitled to everything, even if they did not personally earn it. Politicians in power will work hard to hide the word socialism, because they know it does not work. America's new culture war: Free enterprise vs. government control.
 
This is how it functions

Have money?
It does not belong to you. It belongs to whomever the Government wants to give it to.Your neighbor cannot afford his home you pay for it. Your neighbor is unemployed you will pay 2-3 maybe 5-10 years of unemployment benefits. Who knows how long? (My guess is at least until after the November elections). Senate GOP to oppose 'blatantly reckless' (unemployment benefits) extenders package. N.Y. Assembly Looks at Millionaire's Tax.

Don’t have money?
There will be no way to earn it or change your status, low unemployment is outdated. 32 states have borrowed from the Federal Government to make unemployment payments.
Private pay shrinks to historic lows.
Study Harvard Business School:Stimulus Surprise: Companies Retrench When Government Spends.

By Government Decree

Citizens will help pay for union pensions and benefit packages for government workers. They in turn will donate money to pay for the campaigns of their political benefactors. The Next Bailout: $165B for Unions. When States spend more than they can take in expect them to raise taxes on those who produce and are profitable.

If you are not one of the privileged ones employed by the government, your only chance to eke out a living wage or have a profitable business will be to have friends high up in the bureaucracy. You must pray they stay in power, because when they are replaced you will be left out in the cold. Democratic lawmaker Barney Frank will get the influential position of chairing the committee that will merge the House and Senate's versions of financial reform legislation, a spokesman for Frank said on Monday.


Government will Create New Programs to Help You

Of course some of them… well most of them will be failures.
Report: Healthcare law tax credits encourage small businesses to stay small, not hire.
Delays, denials hit home-buyer tax credit filers.


While there are some who believe government can solve their economic problems, many Americans know better and will reject this form of government. Let us hope all the nations’ wealth and power will not be squandered before a competent and rational Congress can replace the insanity that is taking place today. 72% Are Not Confident Congress Knows What It’s Doing When It Comes to The Economy.

Growing Opinion

Actor Michael Caine: Socialism 'is a load of crap'.

The Times Discovers That European Socialism Sucks.

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