“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Thursday, April 29, 2010

Obama the Marxist

Chairman Zero went off teleprompter yesterday and revealed more about his beliefs regarding entrepreneurship, capitalism, and the free market than he probably intended.....[emphasis mine]

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

Whose business is it of his to decide how much money is enough to have earned? I think the 5-6million that he made last year far exceeds his worth. The difference is he has the power of the federal government to take as much as he wants of what I earned and I can't take one thin dime from him. In that one sentence Obama showed that he thinks the State should have a hand in determining the income of all Americans according to what it thinks is fair.

Also, the core responsibility of the financial system is not to grow the economy. That's just what happens when the State gets out of the way, and businesses are allowed to pursue profits in any legal way they choose. The only, the single, the lone responsibility of any business is to make as much money for the stock-holders as is legally possible. There was never a private business started in the history of the world for any reason other than to make as much money for the owner as he could make.....period. It's not to provide high-paying jobs to shiftless union thugs. It's not to shower retirees with generous benefits packages. And it's not to grow the economy.

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