China considering becoming as socialist as the U.S.

China wants to implement a U.S.-style property tax to prevent a housing bubble, they say. Because we all know how well it worked to prevent the government and Fed created housing bubble in the U.S.

As Jeffrey Tucker puts it:

What will these commies think of next? U.S.-style regulation on toilet-tank size? U.S-style limits on using cash? U.S.-style bailouts of failing industries?

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Universal insurance for… everything!

Obama is a mean, old, selfish conservative in liberal clothing. I mean really, where is the outcry for universal pet insurance? How inhumane can this man possibly be to let pets suffer and die because their owners couldn’t afford Rover’s medication, prosthetic leg or even heart transplant?

How about food insurance? There are many people that go hungry. If we had free food insurance we would surely solve that problem immediately. Since the U.S. government thinks of itself as the only super-power tasked with policing the world, I suggest our benevolence be extended across the globe. What kind of people would we be if we provided free food insurance to only our selfish selves, and not the rest of the world? That would just not be right. Everybody has a right to a Big Mac!

Let’s not forget clothing. We can’t expect anyone to go without. That would be inhumane and un-American. I suggest we implement free clothing insurance immediately.

On second thought, screw insurance. Let’s just make everything free, period. Food, health care, pet care, cars, tv’s, phone service, internet service, whatever. That is the only self-less, humane and compassionate way to go. We have a right to these things!

/sarcasm

Jonathan M. Finegold Catalan explains the flaw in my above rant:

As much as I would enjoy this “free” service (at the expense of other taxpayers) the fact is that social-insurance and welfare programs do not benefit the economy — or the recipient — over the long run. The welfare state has eroded the concept of personal responsibility, and for affected industries it has replaced the free market with a central economic system that promises higher costs and lower quality. The welfare state accomplishes the exact opposite of what it intends to do. It is a bane to the general wellbeing of society.

More details here.

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You cannot multiply wealth by dividing it

“You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it.”

Dr. Adrian Rogers, 1931 – 2005

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Ben Bernanke’s communist America

Gary writes:

By the time this is all over, the Fed will own most of the real estate in the country. They are also expanding their purchases to credit card debt, automobile debt and anything else they can get their hands on. This no longer sounds like a free society to me.

Me neither.

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Good question

truthdig.com asks:

Here’s a question: If AIG can do without that $165 million, why were we giving it to the company in the first place?

Because this whole fraudulent bailout scheme was designed by criminals to enrich criminals?

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Alan Keyes: Obama a radical communist

Keyes isn’t exactly someone you would call an advocate for freedom, but he does get Obama right:

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Putin: America is repeating Soviet mistakes

Putin said at Davos:

In the 20th century, the Soviet Union made the state’s role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.

Repeating it is exactly what the dimwits in charge of the U.S. government are doing.

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Henry Ford on Jews

Via Pak Alert Press:

It is time to show that the cry of bigot is raised mostly by bigots. There is a religious prejudice in this country; there is, indeed, a religious persecution, there is a forcible shoving aside of the religious liberties of the majority of the people. And this prejudice and persecution and use of force, is Jewish and nothing but Jewish.

If it is anti-Semitism to say that Communism in the United States is Jewish, so be it. But to the unprejudiced mind it will look very much like Americanism. Communism all over the world and not only in Russia is Jewish.”

(International Jew, by Henry Ford, 1922)

Interesting that Jews were crying anti-Semitism BEFORE Hitler was even in power.

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American empire will crumble

David N. Vaughn writes:

Do you ever wonder how the Soviet Union so effectively crumbled literally overnight? Their empire was dying and not one individual within the empire had the creativity to try to salvage part of what remained of the Union. For years their was no creativity, no individual thinking, no individual problem solving. And when the end came the people and government were baffled and did not know what to do.

They had lived with one type of totalitarian system of government for over 50 years and the people had lost their ability for creative thinking and an empire fell.

As will the American empire.

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Franklin Delano Bush

William F. Shughart II reports:

By signing legislation creating Medicare Part D, George W. Bush became responsible for the most significant expansion of the welfare state since LBJ’s Great Society. It turns out, though, that forcing taxpayers to help buy Granny’s meds was the proverbial camel’s nose of big Republican government. So what was next? The overhaul of financial market regulation announced recently by Treasury Secretary Henry Paulson, which, if adopted, would extend the federal government’s reach more so than any policy initiative since the New Deal.

Not a dime’s worth of difference…

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