Tag Archive | "communism"

Alan Keyes Responds to the Obama Presidency

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Alan Keyes calls Obama’s action as a "radical communist…  we have to stop him or the United States will cease to exist…"

(Direct Link: http://RealTV.com/video/90/alan-keyes-on-obama.html )

Obama for Beginners

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Not sure why we posted this in the Humor category, it’s quite sad actually…

Hotair.com: The global-poverty initiative may come a surprise even for people who have paid attention to the race.  Accuracy in Media covered it in February, when Democrats tried to move it out of committee:

A nice-sounding bill called the ”Global Poverty Act,” sponsored by Democratic presidential candidate and Senator Barack Obama, is up for a Senate vote on Thursday and could result in the imposition of a global tax on the United States. The bill, which has the support of many liberal religious groups, makes levels of U.S. foreign aid spending subservient to the dictates of the United Nations.

Senator Joe Biden, chairman of the Senate Foreign Relations Committee, has not endorsed either Senator Barack Obama or Hillary Clinton in the presidential race. But on Thursday, February 14, he is trying to rush Obama’s ”Global Poverty Act” (S.2433) through his committee. The legislation would commit the U.S. to spending 0.7 percent of gross national product on foreign aid, which amounts to a phenomenal 13-year total of $845 billion over and above what the U.S. already spends.

The bill, which is item number four on the committee’s business meeting agenda, passed the House by a voice vote last year because most members didn’t realize what was in it. Congressional sponsors have been careful not to calculate the amount of foreign aid spending that it would require. According to the website of the Senate Foreign Relations Committee, no hearings have been held on the Obama bill in that body.

That’s the origin of the $845 billion figure. We spend about $3 trillion a year already on the entire federal budget, and that will add another $70 billion of funding for other governments on our already-bloated government. Most Americans figure we spend too much as it is — and that’s on ourselves.

Obama Bombshell ‘Redistribution of Wealth’ Audio Uncovered

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Listen to this 2001 interview in which Sen. Obama is clear that he supports ”redistributive change” and that one of the tragedies of the Warren Court was that it didn’t do more to help redistribute the nation’s wealth.

In a 2001 Interview, Barack Obama is quoted as saying ”it’s a tragedy that ‘redistribution of wealth’ not pursued by supreme court”.  What will he have in store for his presidency if if does become president of the United States?  Will we become the USSA (United Socialist States of America)?

In this audio clip below, you can hear for yourself what a Obama / Biden presidency would be like:

Trick or Treat!

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401(k) Plans and Private Pensions Seized Under Obama?

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Sounds like Socialism will be on the rise if Obama becomes President of the United States.   Will Obama and the Dems in congress allow the seizure of 401(k) plans and private pension funds in the name of ”protecting workers’ retirement accounts”?

It appears that some Democrats on the Hill might try to kill 401(k) plans.

From usnews.com :

House Democrats recently invited Teresa Ghilarducci, a professor at the New School of Social Research, to testify before a subcommittee on her idea to eliminate the preferential tax treatment of the popular retirement plans. In place of 401(k) plans, she would have workers transfer their dough into government-created ” guaranteed retirement accounts” for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, said that since ” the savings rate isn’t going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that’s not generating what we now say it should.”

A few respectful observations:

1) McDermott is right when he says the savings rate isn’t going up. But the savings rate doesn’t include gains to money you invest in the stock market. It ignores the buildup of net worth. (If you bought a share of XYZ Corp. in January at $100, for instance, and its value doubled by December, the savings rate measure would still value that investment at $100. In short, the savings rate is a phony number.)

2) So based partly on the above faulty logic, the $4.5 trillion, as of the start of the year, invested in 401(k) plans doesn’t count as savings.

3) Ghilarducci would have workers abandon the stock market right at the bottom of the market. A stupid idea, according to Warren Buffett: I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: ‘Put your mouth where your money was.’ Today my money and my mouth both say equities.

4) Ghilarducci would offer a lousy 3 percent return. The long-run return of the stock market, adjusted for inflation, is more like 7 percent. Look at it this way: Ten thousand dollars growing at 3 percent a year for 40 years leaves you with roughly $22,000. But $10,000 growing at 7 percent a year for 40 years leaves you with $150,000. That is a high price to pay for what Ghilarducci describes as the removal of a source of financial anxiety and…fruitless discussions with brokers and financial sales agents, who are also desperate for more fees and are often wrong about markets.” Please, I’ll take a bit of worry for an additional $128,000.

5) What effect would this plan have on an already battered stock market? Well, I would imagine it would send it even lower, sticking a shiv into the portfolios of everyone who didn’t jump aboard. But I am sure the Chinese would love to jump in and buy all our cheap stocks to fund the retirement of their citizens.

Bottom line: If you believe in the long-run dynamism of the American economy, then you have to believe in the stock market. Listen to superinvestor Buffett, not the prof from the New School.

[tags]socialism, communisim,pension plans, 401k, retirement, obama, economy, stock market[/tags]

UPDATED: Obama’s Ties That Bind; Will his Association to Terrorists Come Back to Haunt Him?

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Multiple documents have been uncovered regarding the Political Manifesto of the Weather Underground. Zombietime has uncovered and posted multiple documents from the book ”Prairie Fire”, co-authored by ”Billy Ayres .”

First, regarding the “just a guy in the neighborhood ” Obama-spin with ”Billy’s” own list of his group’s bombings:

This is not just a guy who was against the war; this is a guy who wanted to start an armed Communist revolution in America because he was for the other guys in the war. He wanted our soldiers to die in Vietnam, and our people to die in the streets of America.

As promised above, this is the Rev. Wright tape for Ayres. Here’s what he (and Bernardine Dohrn, Jeff Jones and Celia Sojourn) wrote in Prairie Fire:

Our final goal is the destruction of imperialism, the seizure of power, and the creation of socialism. Our strategy for this stage of the struggle is to organize the oppressed people of the imperial nation itself to join with the colonies in the attack on imperialism. This process of attacking and weakening imperialism involves the defeat of all kinds of national chauvinism and arrogance; this is a precondition to our fight for socialism.

Socialism is the violent overthrow of the bourgeoisie, the establishment of the dictatorship of the proletariat, and the eradication of the social system based on profit. Socialism means control of the productive forces for the good of the whole community instead of the few who live on hilltops and in mansions.

We need to battle for a correct ideology and win people over. In this way we create the conditions for the development of a successful revolutionary movement and party. We need a revolutionary communist party in order to lead the struggle, give coherence and direction to the fight, seize power and build the new society.

PRAIRIE FIRE is based on a belief that the duty of a revolutionary is to make the revolution. This is not an abstraction. It means that revolutionaries must make a profound commitment to the future of humanity, apply our limited knowledge and experience to understand an ever-changing situation, organize the masses of people and build the fight. It means that struggle and risk and hard work and adversity will become our way of life, that the only certainty will be constant change, that the only possibilities are victory or death.

And for use particularly in Florida and New York being Jewish, looks what’s in store for you:

To better understand what the Weather Underground had in store for everyone who opposed them (once they took over the US Government).  Ayres planned on ”re-education camps” for the 25,000,000 ”die hard” capitalist to either conform or be killed.  An undercover FBI agent tells of his role in trying to bring down this organization.

A Quote from the undercover FBI agent Larry Grathwohl, "I want you to imagine sitting in a room with 25 people, most of which have graduate degrees from Columbia and other well-known educational centers, and hear them figuring out the logistics for the elimination of 25 million people. And they were dead serious. "

We have to ask ourselves, though: Most of us were nuts once, too. Maybe not this nuts, but still nuts. So couldn’t Ayres change like we changed?  Yes he could have, but no, he didn’t.

You have to wonder how many ‘favors’ will be collected upon if Obama becomes president.  How many people with a Marxist / Socialist / Communist view will Obama appoint to very influential positions?  What will all the Rezko types out there want in exchange for helping Obama become how he is today and helping him become the political figure that he is?

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