Obamanomics another word for socialism
President Obama’s contempt for the stock market is merely one aspect of his career-long contempt for capitalism – the only moral economic system because it is the only such system consistent with the protection of the moral rights inherent to every individual.
Obamanomics is socialism – chains no freedom-loving person should ever believe in.
Mark Kalinowski
New York, N.Y.
Marriage is between 1 man, 1 woman. Period
Re: the hearing in California regarding Proposition 8:
It is my hope that California’s Supreme Court justices will have the courage and foresight to uphold the state’s ban on same-sex marriage.
America was founded on Christian principles. The Bible clearly and unequivocally condemns homosexual acts. Jesus himself confirmed marriage as being solely between a man and a woman (Matthew 19: 4-6).
One does not need to be Christian, however, or to have any particular religion to recognize this. Marriage is an institution that predates civilization, ordained by God and exclusive to one man and one woman who are given the responsibility to procreate the human race and to nurture, educate and pass on shared values and mores to their offspring.
To redefine marriage to include same-sex couples is to strip marriage of an essential component – namely the ability and obligation to procreate. This would render marriage meaningless and open it up to endless revision and redefinition.
Marriage does not fall into the category of basic human rights because by its very nature, those who commit to it must be of different sexes as a fundamental prerequisite.
As the basic expression of man’s social nature, marriage can only be understood as the lawful union of one man and one woman to the exclusion of all others.
Paul Kokoski
Hamilton, Ontario, Canada
General Motors bailout a Bush mistake
One of the last and most foolish acts committed by former President George W. Bush was to send billions of dollars of taxpayer money to General Motors to keep the sinking auto maker afloat a while longer.
Nearly every Republican in Congress warned Bush that sending additional funds to Detroit was “good money, chasing bad.”
Everyone but Bush knew that those billions would not be enough to save GM and that there was virtually no chance that any of the so-called “loans” would be repaid.
It should come as no great surprise, then, that General Motors is, in fact, on the cusp of bankruptcy and the American people are about to be left holding the bag for another Bush mistake – this one to the tune of $13 billion.
According to news reports, in part:
“General Motors Corp.’s auditors have raised ‘substantial doubt’ about the troubled automaker’s ability to continue operations and the company said it may have to seek bankruptcy protection if it can’t execute a huge restructuring plan.
“The automaker revealed the concerns in an annual report filed with the U.S. Securities and Exchange Commission.”
Once again, the legacy of George W. Bush as the “worst president in U.S. history” has been confirmed.
Even more tragic is the fact that Bush’s failed presidency continues to give “cover” to the liberal administration and Congress now in power in Washington, D.C.
John W. Lillpop
San Jose, Calif.
How to ID the clueless on the economy
This article will help you identify those who are clueless about our economy.
While the economy burns, Congress fiddles. Curing the recession has become secondary to politics and to the laying of blame.
All recessions starve an economy for money. Job losses, bankruptcies, reluctance to lend, reluctance to spend – all deprive the economy of its lifeblood: money.
So, to cure a recession requires a transfusion of money – the worse the recession, the greater the need. Yet Congress, the sole source of an unlimited money supply, dithers over deficits and “pork.”
For purely political reasons, Congress prefers millions of people to lose their jobs, their homes, their health care, their education and their family savings, rather than to increase the federal deficit or to allow “pork” projects.
The Great Depression was cured by federal deficit spending, which in the years 1942-43, reached 30 percent of gross domestic product, and never has been paid for by any taxpayer.
Today, the federal deficit is only about 2 percent of GDP, yet Congress, without providing any evidence, declares the deficit to be “unsustainable” and the debt to be owed by our grandchildren.
If “unsustainable” means the federal debt will become too high to be serviced, the government repeatedly has proved no deficit is unsustainable. And since no federal debt is unsustainable, there never has been or will be a reason to bill our grandchildren.
Here are four ways to identify the clueless:
• When a politician or media expert says the deficit will be unsustainable, he/she is clueless about our economy.
• When a politician or media expert says deficit spending uses “taxpayer money,” he/she is clueless. By definition, deficit spending does not use taxpayer money. That’s what makes it deficit spending.
• When a politician or media expert complains about “pork” in the stimulus spending, he/she is clueless. Pork is a project is someone else’s district. Spending in your district is called “an important project.” All federal spending, whether you name it pork or important, stimulates the economy.
• Finally, when you hear passionate debates about tax cuts vs. spending increases, you’ll know the debaters are clueless. Tax cuts and spending increases are economically identical stimulus methods, as both add money to the economy. There may be differences in speed or who is helped first, but adding money eventually helps everyone.
Congress should be ashamed at allowing so much human suffering for well over a year, merely to score political points.
The solution is massive federal spending, the same solution President Roosevelt used.
Rodger Malcolm Mitchell
Wilmette, Ill.
Limbaugh, his lunatics could out-Bush Bush
Why not drop the robust and vigorous Rush Limbaugh and his lunatic supporters off in Taliban country to champion his cause? Thank goodness that he does not have the organizational gift of a Hitler to raise an army and wipe out every anti-American, every communist, every socialist and every environmentalist.
To think that George Bush, the staunch evangelical Republican, gave everyone, especially the rich, a tax cut; hoodwinked Americans into endless wars; offered token help to New Orleans; allowed the innovative fat cats in the oil fields and on Wall Street to stuff their pockets with millions and then rewarded many of them with a $750 billion bailout bonus; gave the poor a luxury home with no down payment and zero interest – at least for a little time; put millions of his fellow citizens out of work; stood by as the pollution of air, water and soil accelerated; brought the U.S. and world economies to the brink; went hat-in-hand to the Chinese Communists to cover his trillions in debt to prop up America-the-Beautiful – and then blamed it all on the liberal Democrats.
I bet Limbaugh, the all-American, could do Bush one better.
Klaus Keunecke
Grand Bend, Ontario, Canada