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Author: zoningfool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 134691  
Subject: Obama's Euro-Socialism Date: 10/9/2012 9:20 AM
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Written back in April--still true today:

...in 2008, Obama summarized his plan to make the tax code fairer by saying “I think when you spread the wealth around, it’s good for everybody.” Obama may not be cut out of the same cloth as Lenin, but he is a socialist and socialism is his agenda....

...Fairness is the vehicle Obama uses to implement socialism. He just wants to be fair and for everyone to have a level playing field. Fairness is the mantra of socialists. Fairness in healthcare, fair share of tax payments, fair prices for all through state controlled markets, fairness for the environment through green energy, racial fairness through enforced civil rights, fairness in gender equality and protection of homosexuality through tough hate crime laws, to name a few. All of this fairness must be executed and enforced through an all-powerful centralized government by controlling everyone to be able to provide all of life’s needs from the cradle to the grave.

This is Obama European Socialism pure and simple and he is lying when saying he does not want to redistribute wealth. Redistribution is the cornerstone of socialism. And herein lies the reason why Obama hates the Constitution. The Constitution of the United States of America is the death blow to socialism. The Constitution limits government and empowers the individual while protecting individual liberty. Socialism is not compatible with a limited government and free citizens who govern themselves.

Obama has to go in November 2012. If Obama wins, America loses.


http://www.canadafreepress.com/index.php/article/45959
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Author: zoningfool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 107087 of 134691
Subject: Re: Obama's Euro-Socialism Date: 10/9/2012 9:41 AM
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another:

... the Nobel laureate economist Robert Lucas, an expert on economic growth, put together a lecture on the economy because so many people asked him why the U.S. economy's post-recession growth rate was struggling around 2%.

He noted that in the years after World War II, both the U.S. and Europe grew at an annual rate of about 3%. But in the mid-1970s, Western Europe dropped below that growth rate and stayed there, creating a 20% to 40% gap in income levels between Europe and the U.S. Prof. Lucas suggested this had to do with the cost of maintaining the social-welfare commitments Europe accumulated in the postwar years.

He then looked at the levels of U.S. social-welfare commitments, including the new Obama health-care entitlement, and ended with a simple observation: "Is it possible that by imitating European policies on labor markets, welfare and taxes, the U.S. has chosen a new, lower GDP trend? If so, it may be that the weak recovery we have had so far is all the recovery we will get."..


http://online.wsj.com/article/SB1000142405270230391690457737...

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Author: zoningfool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 107088 of 134691
Subject: Re: Obama's Euro-Socialism Date: 10/9/2012 9:56 AM
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Lucas' 40-page slide presentation referenced in WSJ article (very easy to read--takes less than 10 minutes)

http://www.econ.washington.edu/news/millimansl.pdf

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