Tag Archives: Communism

Beating the drums of class warfare

McCain and Palin have recently added a new smear to their regular roster of attacks on Obama. They say that Obama is a socialist because he wants to “spread the wealth” and would seek to do that through small changes in our tax code. Devastating! First a little background. Our Republican led government has just […]

Quote of the week on the bank bailouts

“What is more intrinsically corrupt than allowing people to engage in high-reward/no-risk capitalism — where they reap tens of millions of dollars and more every year while their reckless gambles are paying off only to then have the Government shift their losses to the citizenry at large once their schemes collapse? We’ve retroactively created a […]

Why the US won't boycott the Olympics

My theory on why the U.S. won’t boycott the Olympics: You don’t piss of your banker. As I wrote in a previous post about U.S. debt to China, it’s not unreasonable to think we owe the Chinese about $1.5 trillion. I wrote then that “As our biggest investors, we will have to afford the Chinese […]