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Day By Day May 18, 2010 – Capitalists….Not
Socialism has always been a failed economic system because it ignores innate human behavior – nobody wants to be satisfied with just being equal. Hence, the organizing tactics of Saul Alinsky to FOOL people into believing and adopting.President Obama and the far left Democrats in Congress do not believe in captialism. They FEEL it is a corrupt system.
You know what they say about people that live in glass houses?
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Here Comes the Obamanomics Socialism: Obama Administration to Rein in Executive Compensation in United States Private Business Sector
Here comes the Obama socialism.The Obama administration says executive compensation must be better managed to prevent the sort of risk-taking that jeopardizes the economy.
Gene Sperling, who advises Treasury Secretary Timothy Geithner, said Thursday the administration does not want to impose caps on executive pay. But he also laid out for the House Financial Services Committee a list of guidelines calling on publicly-held companies to link compensation to long-term performance, not short-term gains.
Sperling said in prepared testimony that the administration believes compensation practices “must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry.”
Socialism is not a concrete philosophy of fixed doctrine and program; its branches advocate a degree of social interventionism and economic rationalization, sometimes opposing each other. Another dividing feature of the socialist movement is the split between reformists and the revolutionaries on how a socialist economy should be established. Some socialists advocate complete nationalization of the means of production, distribution, and exchange; others advocate state control of capital within the framework of a market economy. Socialists inspired by the Soviet model of economic development have advocated the creation of centrally planned economies directed by a state that owns all the means of production. Others, including Yugoslavian, Hungarian, German and Chinese Communists in the 1970s and 1980s, instituted various forms of market socialism, combining co-operative and state ownership models with the free market exchange and free price system (but not free prices for the means of production).[7]
Social democrats propose selective nationalization of key national industries in mixed economies, with private ownership of property and of profit-making business. Social democrats also promote tax-funded welfare programs and regulation of markets. Many social democrats, particularly in European welfare states, refer to themselves as “socialists”, introducing a degree of ambiguity to the understanding of what the term means.
No matter how Obama spins his program, he wants to nationalize American business and control the means of production while expanding the welfare state.
Is this the hope and change Americans voted for? Or is it a radical program of changing American business by a left-wing extremist?
Technorati Tags: Socialism, Barack Obama
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Chilling Thought of the Day: We Are All Socialists Now
The new Newsweek Magazine Cover for the week of February 9, 2009
The subheading lede: In many ways our economy already resembles a European one. As boomers age and spending grows, we will become even more French.So, does the Washington Post and Newsweek know something that Americans do not know?
We are French?
The Newsweek writers are conflicted on what conservatives who deplore an ever increasing role of government in the economy are actually saying – channeling Bush. Remember Bill Clinton’s pronuncement that the “era of big government is over?”
It is but the LEFT wants to try to reimpose it by fear-mongering the current economic crisis and passing a bloated $1 Trillion plus economic Stimulus spending bill.
As a taxpayers revolt is mounting against the Democrat/Obama Economic Stimulus bill, S.1, the specter of increasing socialism is not a fait de comple.
Technorati Tags: Socialism, Barack Obama, PORKULUS, Economic Stimulus Bill