PreviewThe people shape their own destiny
-- either as free people or as slaves.

If they remain self-reliant, they stay free.
Ever expanding state power destroys lives.

Government panacea is a defective idea.
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Monday, January 30, 2012

Obamunism report

Obamanoids decry "trickle down" and supply side economics. They claim government control of the fruits of labor will be more fair and just. Reward for hard work can be stolen from those who dare to work hard and given to those who vote "correctly."

"Tax the Rich" is the war cry. If a taxpayer exceeds one million dollars in income in a year, they ought to be taxed for 30% of it, they say. Obama himself falls short of this rate. Obama has grossed just short of $2 million per year for the last three years. Last year, Obama's taxable income was around $1.75 million per year: He paid tax of $453,770. Obama's pay for being president is $400,000 per year.

If you make big money in America, you ought to be be in the government.

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