socialism

20 Solutions for the American Economy in 2009

American Solutions, in partnership with the Nationwide Tea Party Coalition, is sponsoring nationwide Tax Day Tea Parties for April 15, 2009. The purpose is to “communicate our anger and opposition to the irresponsible policies of politicians in Washington who have failed to solve problems.” American Solutions continues: “More importantly however, this is our opportunity to

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Five Ponderings on the Massive Federal Bailouts

In my opinion, after the recent massive financial bailouts and other interventionist federal actions (and in some cases nationalizations) within our economy (i.e. the private sector), several pressing questions remain unanswered. I have been pondering on five of them for some time now. These are listed below in no apparent order. 1. If bad loans

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Would Obama Like Obama-Style Redistribution of Wealth?

Here’s an insightful political cartoon by Rick McKee that a Ponderstorm reader sent me. It does a great job of putting Barack Obama’s socialistic income redistribution notion into perspective. As the rich candidate, would Barack Obama want his “spread the wealth around” scheme applied to his campaign contributions? What do you think? Should the government

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2001 Interview: Obama Really Wants to Redistribute Wealth

The recording below contains a stunning admission by Barack Obama regarding the redistribution of wealth. It seems he is not arguing about whether we should or should not redistribute wealth but how best to do it. The recording is taken from a 2001 interview segment with the Odyssey radio program on WEBZ (91.5 FM) in

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