The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label progressives. Show all posts
Showing posts with label progressives. Show all posts

Tuesday, May 15, 2012

California: Socialiam works until you run out of other peoples money

California, and its sister state Illinois, are two prime examples of what happens to states when emotional activists gain power, and socialist policies are implemented to drive economies and budgets.  For years, the state of California was not only the most productive state in the union GDP wise, but its the 8th largest GDP in the entire world.

However, with sancutary policies for illegal immigrants, over-regulation to the point where hundreds of thousands of businesses have left the state, environmental regulation which has destroyed a large sector of California's bread basket, and a tax rate that is nearly equivalent to socialist Europe, the spectre of Margaret Thatcher's famous quote has finally entered the scene.

"The problem is with Socialism is that you eventually run out of other people's money."


Picture courtesy of Americaandproud.net

California, and Governor Jerry Brown have finally capitulated as on May 14th, the state government found it necessary to propose billion dollar cuts across the board, after a referendum to increase taxes failed in recent elections.

Hit with a soaring state budget shortfall of $15.7 billion - up from $9.2 billion as recently as January - Governor Brown announced proposals Monday to make $8.3 billion in painful, cross-the-board cuts that quickly elicited outcries from those affected.
Most telling of his predicament, and his strategy, Brown admonished California voters that if they don’t pass his tax-hike initiative in November, $6 billion more will have to come out of budgets for public schools and higher education.
 “We have so much money from the people, and we have so much spending,” the governor said at a press conference in Sacramento before jetting to Los Angeles to release further details. “We can be out of alignment for awhile, but now - given the decade of fiscal disconnect - I’ve committed to right the ship of state and getting it into balance.” - Christian Science Monitor via Yahoo News

California now joins the long list of Democratic and Progressively run cities and states, which have bankrupted its citizens through massive welfare, taxation, and over-regulation.  New Orleans, New Jersey, Illinois, Detroit are just a few municipalities and states that stand on the brink of insolvency, and which for decades refused to even perform a modicum of fiscal responsibilty.

Wednesday, April 11, 2012

Tax raising by the government will not increase revenues but only lower GDP

Professor Antony Davies is back, and brings logic and facts to the ongoing debate over tax the rich economics.  In his easily followed video, the economic model in America validates that raising or lowering taxes increases the amount of revenue the government receives only slightly, whether the rich are taxed the current 35%, or the 90% they were stifled with just 60 years ago.


Picture courtesy of Progressive Think.com

However, what does change is economic growth, and the amount of money the worker has to improve their standard of living.  By decreasing overall GDP and growth when you tax corporations and the rich who actually create jobs, the PERCENT of revenues by the government remains the same, while actual revenue itself decreases.  Subsequently, the opposite happens when you lower taxes, as GDP growth creates a larger pie for the government to receive more money.



So you see, the argument that Obama, Buffett, and all other Marxist/Socialist/Progressives make when calling for higher taxes on the rich, is simply a process of class warfare and NOT a means to increase revenues to balance the budget, or lower the deficit.

In the scope of progressivism and marxism, it isn't about raising up people to be equal, but about bringing everyone else equally down.  Equal and poor, not equal and wealthy.

Thursday, January 5, 2012

The best laid plans of California and eco-nuts

California is still sitting on massive budget deficits, and with a falling muni bond market still hovering over the landscape, now is not the best time to spend cash on a massive boondoggle.  But California has never been known for sound thinking, especially in the fiscal arena, and the power of the eco-nuts to push through a high speed train project is another microcosm of the California fiscal nightmare.

They offered voters a plan and a website with renderings of cool-looking trains. It would connect LA and the Bay Area with extensions to San Diego and Sacramento. The initial stage would be funded with California general obligation bonds and federal dollars. The vast majority would be funded later in some unknown manner. Cost would be $35.7 billion. Voters approved it by referendum (Proposition 1A). That was November 2008.

By November 2011, cost estimates had ballooned to $98.5 billion. Voters realized they’d been had and became restless. The California High-Speed Rail Authority (CHSRA) made a formal request for $2.7 billion—the first tranche of the $9.95 billion in Prop 1A bonds. The federal government would chip in $3.5 billion. It would fund a 130-mile segment of civil works and track between Bakersfield and Fresno in the Central Valley. However, it would lack electrification as well as high-speed train control and communication systems. So it can’t be used as testing ground for high-speed trains. At the most, it might be used by regular diesel trains. - Testosteronepit.com


Progess and attempting to move away from fossil fuels is one thing, but not when you are nearly bankrupt and losing both jobs and industry at alarming rates.  This isn't the 1930's, when WPA projects can be built in a cost efficient manner, but instead it is a time of growing inflation, and progressivism that doesn't realize the money they are spending is limited, and that when people can't find work, they can't be taxed.

Saturday, October 15, 2011

Why civil rights leaders make bad politicians and economists

Civil Rights leaders in American are quick to scam bucks from the taxpayer to provide welfare and free largesse to their minority constituents.  The Democratic party has a history of passing massive legislation that has provided benefit after benefit to tens of millions of Americans for not working, or for having children.

So it should come as no surprise that the son of civil rights leader Jessie Jackson would propose a boondoggle of a welfare scam, paying $40,000 per person per year to all the unemployed in the US.

This proposal comes out to $800+ billion per year, and over $4 Trillion in just 5 years.

Rep. Jesse Jackson Jr. has offered his own $804 billion jobs plan that calls on the federal government to hire the nation’s 15 million unemployed Americans for jobs paying roughly $40,000 each, and bail out all the states and cities facing budget crises. - Fox News

But then again, that's Chicago politics for you.  Like Barack Obama, who was voted into office in the state of Illinois not by merit, but by finding scandals in his opposition, so to it appears Jessie Jackson Jr lacks the basic intelligence of simple math to realize that what he is proposing... make-shift work pay to 15 million for doing.... who knows what, and is the standard practice of progressives who rarely think before they speak.

"Socialism works until you run out of other peoples money" - Margaret Thatcher

Friday, October 7, 2011

Some protesters being paid to attend Occupy Wall Street rallies

It should come as no surprise that days after it was revealed that George Soros funded organizations are involved in the Occupy Wall Street protests, other organizations are also putting up money for the movement, and in some cases, paying protesters to attend and picket.

A liberal organizer told the Daily Caller on Thursday afternoon that he paid some Hispanics to attend “Occupy DC” protests happening in the nation’s capital.

TheDC attended the protest event, an expansion of the “Occupy Wall Street” movement that began in New York City. Some aspects of the protest, it turned out, are more Astroturf than grassroots.

Interviewed in Spanish, the protesters told conflicting stories about how their group was organized. Some said it was organized at their church, and that they were there as volunteers. Others, however, referred to the man from the DC Tenants Advocacy Coalition — the only Caucasian in the group — as their “boss.” - Daily Caller

http://dailycaller.com/2011/10/06/organizer-admits-to-paying-occupy-dc-protesters-video/#ooid=EzOG52Mjpkikj8eF_w2Zn_dO_2zxoNau

Interesting dychotomy between conservative and progressive movements.  Tea Party advocates come out voluntarily, but the Occupy Wall Street protesters need to be paid to attend... and they don't even know what they are protesting against.