If Barack Obama is not a socialist, he does the best imitation of one I’ve ever seen.
Under his tax plan, the top 5 percent of wage-earners have their income tax rates raised from 35 percent to 40 percent, while the bottom 40 percent of all wage-earners, who pay no income tax, are sent federal checks.
If this is not the socialist redistribution of wealth, what is it?
A steeply graduated income tax has always been the preferred weapon of the left for bringing about socialist equality. Indeed, in the “Communist Manifesto” of 1848, Karl Marx was himself among the first to call for “a heavy progressive or graduated income tax.”
Undeniably, a powerful tide is running for the Democratic Party, with one week left to Election Day.
Bush’s approval rating is 27 percent, just above Richard Nixon’s Watergate nadir and almost down to Carter-Truman lows. After each of those presidents reached their floors — in 1952, 1974, 1980 — the opposition party captured the White House.
Moreover, 80 percent to 90 percent of Americans think the nation is on the wrong course, and since mid-September, when McCain was still slightly ahead, the Dow has lost 4,000 points — $5 trillion to $6 trillion in value.
Was race a factor in the decision of Colin Powell to repudiate his party’s nominee and friend of 25 years, Sen. John McCain, two weeks before Election Day, and to endorse Barack Obama?
Gen. Powell does not deny it, contending only that race was not the only or decisive factor. “If I had only that fact in mind,” he told Tom Brokaw, “I could have done this six, eight, ten months ago.”
Yet, in hailing Barack as a “transformational figure” whose election would “electrify our country … (and) the world,” Powell seems to testify to the centrality of Barack’s ethnicity to his decision.
As Americans render what Catholics call temporal judgment on George Bush, are they aware of the radical course correction they are about to make?
This center-right country is about to vastly strengthen a liberal Congress whose approval rating is 10 percent and implant in Washington a regime further to the left than any in U.S. history. Consider.
As of today, Speaker Nancy Pelosi, the San Francisco Democrat, anticipates gains of 15-30 seats. Sen. Harry Reid, whose partisanship grates even on many in his own party, may see his caucus expand to a filibuster-proof majority where he can ignore Republican dissent.
We haven’t seen a poll out of South Carolina in more than three weeks, and there’s a chance commercial pilot Bob Conley (D) could pull ahead of Sen. Lindsey Graham (R). Conley performed strongly in a recent debate, hitting Graham and Washington on the bailout. Graham, tied more closely than any lawmaker to McCain, could take a bigger hit than most from McCain’s struggles….
Ed Note: Send fellow Buchanan Brigader and Ron Paul supporter, Bob Conley to Capitol Hill and say adios to Open-Border Neocon Lindsay Graham! Go to Bob’s websiteand send him a contribution today!
Bob Conley turned in a superb performance against career politician Lindsey Graham during Saturday’s televised debate. It appeared that Conley was the veteran and Graham the amateur in Conley’s first major debate.
Conley was unflappable and showed a detailed knowledge of all policy issues while Graham was flustered and on the defensive most of the night.
Graham, despite many years in Washington, made several gaffes.
He invited a 61-year old laid-off worker, nearing retirement, to go to technical school!
“Liquidate labor, liquidate stocks, liquidate the farmers.”
So Treasury Secretary Andrew Mellon advised Herbert Hoover in the Great Crash of ‘29.
Hoover did. And the nation liquidated him — and the Republicans.
In the Crash of 2008, 40 percent of stock value has vanished, almost $9 trillion. Some $5 trillion in real estate value has disappeared. A recession looms with sweeping layoffs, unemployment compensation surging, and social welfare benefits soaring.
America’s first trillion-dollar deficit is at hand.
Two weeks after the Republican convention in St. Paul, Minn., John McCain and Sarah Palin were striding forward toward victory.
They had erased the eight-point lead Barack Obama had opened up in Denver and watched as one blue state after another moved into the toss-up category.
That is ancient history now.
Since mid-September, the stock market has cratered, losing half of the $8 trillion that has vanished since October 2007. All five of America’s great investment banks — Bear Sterns, Lehman Brothers, Merrill-Lynch, Goldman Sachs and Morgan Stanley — have either ceased to be independent or ceased to be.
“(O)nce war is forced upon us, there is no other alternative than to apply every available means to bring it to a swift end.
“War’s very object is victory, not prolonged indecision.
“In war there is no substitute for victory.”
Familiar to every graduate of West Point, the words are from the farewell address of Gen. MacArthur, to Congress on April 19, 1951, after he was relieved of command in Korea by Harry Truman.
Two years later, however, Dwight David Eisenhower, a general as famous as MacArthur, would agree to a truce that restored the status quo ante in Korea.
John McCain may have just let slip his last best chance to be president of the United States.
When he flew back to Washington to address the banking crisis, McCain could have seized the hottest issue in America by taking the side of his countrymen who were enraged by the Paulson Plan to bail out a power elite whose greed and stupidity had caused a financial disaster unequaled since the Crash of ‘29.
To: Gov. Sarah Palin
From: The American Conservative Editors
Re: What Your Tutors Aren’t Telling You
Congratulations on being chosen as John McCain’s running mate. It’s an honor, if a dubious one. As you know, conservatives have reservations about McCain. To your credit, they have few such concerns about you.
You’ve given new life to a party whose brand was bankrupt. You’ve energized a campaign that was embarrassing its own partisans. Across America, crowds flock to see you—not that old man who barely wheezed his way through the primaries. If John McCain wins, he will owe you, as the guy in the undisclosed location says, “Big time.”
Recent Comments