socialism

    Trotsky is Smiling

    By: davenj1 (Diary)  |  September 21st at 10:17 AM  | 

    So let me see if I can get this Barack Obama arithmetic down. If someone makes between $34,000 and $50,000, they pay an effective Federal tax of 14.3%, but if one is in the top 5% of earners in household income, the effective Federal tax rate is 27.9% And for those “millionaires and billionaires,” the effective rate is 32%. But according to the Obamatrons, when | Read More »

    A Brit Gets It Better Than Obama

    By: davenj1 (Diary)  |  July 19th at 08:09 AM  | 

      Columnist Janet Daley recently wrote a wonderful article in the Daily Telegraph, a British publication, in anticipation of Prime Minister David Cameron’s visit to the United States this week.  She writes eloquently writes:  “America has learned, thanks to Barack Obama’s crash course in European-style government, about the titanic forces of class differences.  The President’s determination to transform the United States into a social democracy, | Read More »

    The Rise and Fall of the Reich

    By: davenj1 (Diary)  |  July 15th at 09:53 AM  | 

      No- this is not an entry about German history, Hitler, or Nazism.  Instead, Bill Clinton’s Labor Secretary, Robert Reich, has an article circulating that was originally published in The Nation.  It has showed up in other venues like Politico, Huffington Post, Realclearpolitics, and other on-line sources.  The gist of his argument is that the underlying cause of the financial crisis is the inequality in | Read More »