Success in America is an endangered species. Business bonuses are under heightened scrutiny; soon, making the right picks in the stock market or earning more than $200,000 per year will mean higher taxes. Sadly, the anti-success campaign is being lead by our Nation’s own misguided leader; President Obama. How can a US President, in good conscious, make it clear that any success enjoyed by the American people will be severely and immediately punished by the government and shunned by all?
Democrat Rep. Hank Johnson (D-Ga.) presented to the United States Congress, as well as a high ranking Admiral of the United States Navy, that the U.S. Territory of Guam is going to “tip over and capsize” due to overpopulation. He makes his point in light of a newly contemplated deployment of 8,000 U.S. Marines into the territory. [...]
Socialism is defined in simple terms as an economic or political system in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. It is characterized by very high government spending and tight government control over capital, natural, and human resources.
The Health Care Reform act will stifle the American entrepreneurial spirit, severely prolong an already fragile economic recovery, and is a luxury America simply cannot afford.
Milton Friedman was born on July 31, 1912. Friedman is without question my favorite Economist and I feel very strongly that many valuable lessons can be learned from his ideals and findings which would be particularly applicable to the challenges our economy faces today. Friedman lived through the great depression and experiencing it first hand. [...]