The American Spectator : In It to Win It

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In It to Win It

4.20.09 @ 6:01AM

Obama's economic goals. Snarlin' at Arlen. Don't be so insure. Plus more.

(Page 4 of 4)

Nice, thoughtful piece.

While gloating over America's financial decline, our president noted to his European audience that a new financial order is being created by the world's top 20 financial powers, not by "just Roosevelt and Churchill sitting in a room with a brandy.... But that's not the world we live in, and it shouldn't be the world that we live in." Whoever told our president that the post-World War II world came from these two great men "sitting in a room with a brandy" misinformed him. His knowledge of history is as defective as his knowledge of Roosevelt's and Churchill's tastes.

It's not even just their tastes -- Roosevelt wasn't even around for post-WWII. That's the sort of screw-up the MSM would be crucifying Sarah Palin for. Keep up the good work.
-- George Pazin

AN OLDIE
Re: R. Emmett Tyrrell, Jr.'s Wild on the Supply Side:

If tax cuts ultimately lead to robust economic activity and increased tax revenue collection, wouldn't it be possible to fund liberal social programs through these increased revenues, rather than through tax increases and class envy/warfare politics? Or is this just another example of voodoo economics?
-- Benjamin C. Rosenberg, Esq.
Valley Stream, New York

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Letter to the Editor View all comments (4) | Leave a comment

IMKessel| 4.20.09 @ 9:57AM

Mr. Rosenberg,

Your question, if I may be so bold, is either disingenuous or naive. Governments in general, and this administration in particular, use taxes not just for revenue collection. If they simply wanted revenue they would use a VAT or flat tax, but since they do not, we must look deeper to find the hidden agenda. Tax codes encourage or discourage certain behaviors. The ability to rewarding (encourage) and punish (discourage) are based power; the greater the base of power, the greater one’s ability to influence others’ behaviors. Simply stated, Obama wants not to tax the economy; he wants to own it outright.

"Be afraid. Be very afraid."

SLG| 4.20.09 @ 1:20PM

IraKessel's first posting today was unintentionally semi-humorous in that Putin's grandfather was actually the chef of Lenin, and of Stalin ("Young Stalin" Montefiore/Knopf) - - ironic, 'eh?

BillSiliconValleyGuy| 4.20.09 @ 3:04PM

Obama administration Asleep at the wheel ? PetroChina to buy operator of Strategic Petroleum Reserve -
Navy is upset for some reason...
http://blog.usni.org/