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POPSObama's Stealth Socialism Decoded He assumes the economy is a fixed pie, whereby the successful only get rich at the expense of the poor. Following this discredited Marxist model, he believes government must step in and redistribute pieces of the pie. That requires massive transfers of wealth through government taxing and spending, a return to the entitlement days of old. Of course, Obama is too smart to try to smuggle such hoary collectivist garbage through the front door. He's disguising the wealth transfers as "investments" — "to make America more competitive," he says, or "that give us a fighting chance," whatever that means.
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POPSOlbama's Tax Plan Designed To Appeal To Class Envy
That $40 billion tax hike alone is twice as much as all the federal taxes paid by the 39 million Americans in the bottom quintile. We're sure that Obama's camp would address our concerns by pointing out that raising the tax bill for the top 1% eases the tax burden on the rest of America. But that's a superficial rationalization designed to appeal to class envy. First, increasing the burden on the top taxpayers will not make the poor rich, but instead make the rich poorer. There will be 131 billion fewer dollars in the private sector for investments that create businesses and jobs. Second, squeezing the federal tax burden onto an ever smaller group is not smart. The Marxist appetite for radically progressive taxation is both unfair and dangerous. Third, the large majority that pays little or no taxes will make excessive demands on the small group that is saddled with the burden because the non- and low-paying group is insulated from the pain.
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POPSRomney Fed Up, Not Giving In; McCain Not Winning GOP Base Romney's not going to buy any television for the February 5th super-duper primaries," and the signal there was, "Well, I guess Romney is throwing in the towel." Then, mere moments ago, I receive the following story: "Republican presidential candidate Mitt Romney plans to run a 'significant' level of television ads in California and other states that vote Tuesday in essentially a national primary, aides said Thursday, signaling a willingness to aggressively try to derail Republican front-runner John McCain."
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POPSIncome Mobility "Unfortunately, because so many Americans buy into the politics of envy, politicians have a leg up in enacting measures that cripple economic growth."
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POPSHolocaust Industry Professor Quits? "DePaul students rose to dazzling spiritual heights in my defense that should be the envy of and an example for every university in the United States," Finkelstein said after a rally held on his behalf.