American capitalism gone with a whimper

American capitalism gone with a whimper

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

Then came Barack Obama's command that GM's (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of "pure" free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

So it should be no surprise, that the American president has followed this up with a "bold" move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride.

Again, the American public has taken this with barely a whimper...but a "freeman" whimper.

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set "fair" maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

Stanislav Mishin

The article has been reprinted with the kind permission from the author and originally appears on his blog, Mat Rodina

27.04.2009 Source: Pravda.Ru

Barack Obama's rich supporters fear his tax plans show he's a class warrior

For being a bunch of smart rich people, they sure can be stupid sometimes. I knew this was going to be a class war. If we wait long enough, I'm sure that we'll see EVERYONES taxes go up to a base 40% with the wealthiest rivaling Great Britain at roughly 60%.

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Barack Obama's rich supporters fear his tax plans show he's a class warrior
Some of Barack Obama's richest supporters fear they have elected a "class warrior" to the White House, who will turn America's freewheeling capitalism into a more regulated European system.

By Leonard Doyle in Washington
Last Updated: 7:33PM BST 09 May 2009



Wealthy Wall Street financiers and other business figures provided crucial support for Mr Obama during the election, backing him over the Republican candidate John McCain as the right leader to rescue the collapsing US economy.

But it is now dawning on many among them that Mr Obama was serious about his campaign trail promises to bring root and branch reform to corporate America - and that they were more than just election rhetoric.

A top Obama fundraiser and hedge fund manager said: "I'm appalled at the anti-Wall Street rhetoric. It was OK on the campaign but now it's the real world. I'm surprised that Obama is turning out to be so left-wing. He's a real class warrior."

Chris Edwards of the Cato Institute, a free enterprise think tank, said Democrats in Congress were unnerved by the president's latest plan to raise $210 billion over 10 years from multinational corporations.

The money is needed to pay for a national debt that will double over the next five years; and triple over the next 10 years to $17.3 trillion. But the crackdown already faces fierce Democratic resistance.

"These big companies are based in New York Boston, Seattle and Silicon Valley, where Democrats dominate," Mr Edwards said. "Obama's tax plan is already cleaving him from his big corporate supporters," he said.

Mr Obama made no secret of his plans to raise taxes on the "working rich" (individuals earning more than $200,000) by imposing a top income tax rate of almost 40 per cent, and there is little surprise that those plans remain on track, even during the worst economic crisis since the Great Depression.

But Democratic opposition is building in Congress to many of the President's proposals. A plan to reduce tax deductions for charitable gifts by richer people may have to be scrapped, because the charitable sector - which includes hospitals, museums and voluntary service groups - depends heavily on tax-deducted donations.

Charles Rangel, the New York chairman of the Ways and Means Committee, which drafts tax legislation, raised a red flag about the proposal last week. "I would never want to adversely affect anything that is charitable or good," he said.

Mr Obama also wants to "cap and trade" carbon emissions - seen by business as effectively yet another tax - to tackle global warming.

The president's plans are direct repudiation of the model of light touch regulation credited with creating economic growth and wealth in America in recent decades.

Setting out his thoughts on the economy, Mr Obama told the New York Times magazine last week: "There was always an unsustainable feel about what had happened on Wall Street over the last 10, 15 years, and it's not that different from the unsustainable nature of what was happening during the dot-com boom - where people in Silicon Valley could make enormous sums of money, even though what they were peddling never really had any signs it would ever make a profit."

A senior Wall Street executive who remains an admirer of Mr Obama, told The Sunday Telegraph that the reforms were necessary after years of excess. "I think its refreshing that he has the chutzpah to deal with the previously untouchable abuses of the system like tax dodging and excessive executive pay," he said.

"We badly need some European style social democracy, and Obama might as well start with health care reform."

That Mr Obama should have radical views on the shortcomings of the US economy is hardly surprising. As a young man he turned down a high paying career in the corporate sector to work as a community organiser in Chicago.

"I would imagine myself as a captain of industry, barking out orders, closing the deal, before I remembered who it was that I had told myself that I want to be," he wrote in his memoir Dreams from My Father.

With the Republican in deep trouble, the Obama administration is trying to capitalise on the problems in the economy to drive through far-reaching reforms that might otherwise be impossible.

Rahm Emanuel, the president's tough-as-nails chief of staff, has coined a phrase which has become a mantra for the administration. "Rule one," he declared, "Never allow a crisis to go to waste. They are opportunities to do big things."

Warren Buffet, the wealthy investor regarded by Americans as an economic seer, is among high profile Obama supporters worried that he is attempting too much by pressing ahead with other controversial reforms such as healthcare.

"Job one is to win the war, the economic war, job two is to win the economic war, and job three," he said recently. "You can't expect people to unite behind you if you're trying to jam a whole bunch of things down their throat."

Mr Obama has so far pushed back against strong protectionist pressures in Congress seeking to force US companies to keep jobs at home. But the business community is alarmed by plans confirmed last week to close down the tax loophole which allows American multinationals to park hundreds of billions of dollars beyond the US tax man's reach in their overseas subsidiaries.

Under one of his tax reforms, companies based in the US would be required to pay US taxes on all their overseas earnings.

Among those affected by such changes would be some of Mr Obama's most powerful supporters in the election, such as Eric Schmidt, Google's CEO, and other "Silicon Valley" executives whose profits are mostly made abroad. They were taken aback when the President blasting companies for "shirking" their responsibilities by avoiding tax.

The plan to end tax breaks for US multinational companies has also drawn the ire of Democrats . Max Baucus, the powerful Montana Democrat who chairs the Senate Finance Committee, declared that "further study" was needed within minutes of the president announcing his proposals.

New York Democratic congressman Joseph Crowley said closing the loophole would hurt Citigroup Inc., his New York district's largest employer.

It has also dawned on wealthy Americans who flocked to the Obama campaign of "Hope" and "Change" that the president opposes the "trickle down" theories that have guided US economics since President Ronald Reagan was elected with a mandate to slash taxes.

Mr Obama said last week that it was "an aberration" that profits in the financial sector had grown so large over the last decade. It was ridiculous he suggested, that "25-year-olds (were) getting million-dollar bonuses, (and) they were willing to pay $100 for a steak dinner and the waiter was getting the kinds of tips that would make a college professor envious."

He warned that by the time he was done with them, Silicon Valley and Wall Street would remain large parts of the US economy, but not "half of our economy".

Mr Obama has also focused his sights on wealthy individuals who use offshore tax havens to evade tax and is hiring 800 inspectors to track them down.

Mr Obama needs to find a way to pay for the $750 billion spending spree Congress authorised after he took office to get the stalled economy going again.

Obama Bans the Commonfolk from Normandy

Amazing. The level of pompousness is stunning. What a self-righteous arrogant jerk!

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Obama Bans the Commonfolk from Normandy

By John Romano

A lot of the difference, the change if you will, between Obama and Bush has much to do with the word humility.

George Bush is and was a humble man. Obama thinks the world counts on him and him alone to lead us. Bush went to church and prayed often. Obama puts out press releases about his supposed piety. The left sold a great bill of goods to the American people claiming that Bush, et al. were arrogant while insisting that Obama was a “man of the people.”



The 65th Anniversary of D-Day is fast approaching. Barack Obama will attend the events on June 6th as George Bush did in 2004 for the sixtieth memorial service. Here is the rub, as of now Obama’s State Department has asked (read demanded) the French government not allow tour guide services to operate that day. It is a big day for Normandy tourism. Yet, the king will not allow those not connected with government to enjoy the day. Obama is very important you know. This is an unprecedented request. I hope the French come to their senses and deny it.

Compare that with 2004. Security was tight as President Bush and other world leaders were in attendance, but the event was still open to all. A friend relayed the story of waiting in line to use a port-a-potty (a French port-a-potty no doubt, yuck, believe me.) She looks to her left and who he is in the next line waiting patiently? President Bush. Sure he had Secret Service nearby, but he waited like everyone else.

Contrast that with Team Obama not even allowing regular people near Colleville-Sur-Mer that day. A shame indeed. Especially as the last of our WW II vets are expiring.

As the Bamsters unemployment rate pushes 10% (double the Bush average) and his 3.5 trillion dollar budget breaks the USA (the press of course focuses on his 17 billion in “savings.” Way to go 4th Estate.), Obama has more to worry about then denying people the right to attend a memorial service on June 6th.

It’s as if Obama has to let it be known that he is more important than honoring the events and the 9,387 mostly young Americans who died invading Normandy 65 years ago. Will Obama apologize for American actions during WW II at the event?

I think the following quote from Obama himself sums it all up: “a light will shine down from somewhere…. You will experience an epiphany. And you will say to yourself, ‘I have to vote for Barack.’” Watch for yourself:



The guy can’t even bring himself to say “shine down from heaven.” Do you really expect him to line up to use the can with the commoners at a Normandy celebration? Americans may start to miss the guy with the humility.

Universal Healthcare, unchecked unions, government run banks, government run autos, cap and trade, turning the 20 million undocumented Democrats into voters: That isn’t America and it surely isn’t what those young boys died at Normandy for.

We elected a fairy tale. We can start the road back to reality in 2010 with the mid-term elections.