Over most of that period, government policy and market forces have been moving in the same direction, both increasing inequality. The pretax incomes of the wealthy have soared (and so have the incomes of the “poor” and middle class! A rising tide raises all ships! - comment mine) since the late 1970s, while their tax rates have fallen more than rates for the middle class and poor.
That’s because their tax rates started out extraordinarily high! The top 20% of the population pays 80% of the income taxes in this country! And the lowest 40% of the population pays no income tax at all! Nearly every major aspect of the health bill pushes in the other direction. See: http://www.nytimes.com/2010/03/24/business/24leonhardt.html 1g) Sebelius: Goal is to Reduce Profits RUSH: More vindication for El Rushbo and all of us. Yesterday afternoon on MSNBC, Health and Human Services Secretary Kathleen Sebelius, on the drug companies... SEBELIUS: Well, the drug companies will have their profits reduced by close to $90 billion over the lifetime of this bill. That's part of the strategy moving forward. RUSH: So their goal-- their goal! -- is to reduce drug company profits. Bye-bye, research and development on any new drugs. Bye-bye, American empire. See: http://www.rushlimbaugh.com/home/daily/site_032410/content/01125110.guest.html 1h) New CNN Poll: 59% Oppose Obamacare A new CNN Opinion Research poll, conducted over the weekend as the House debated Obamacare, finds that 59 percent of Americans now stand opposed to the health care legislation in Congress. Just 39 percent of the poll’s 1,030 respondents said they favored the bill. …• 62 percent say the amount they pay for medical care will increase. • 47 percent think they’ll be worse off when it becomes law. • 70 percent believe the federal budget deficit will go up — contrary to repeated claims from Democrats. • 56 percent view Obamacare as creating too much government involvement in health care. See: http://blog.heritage.org/2010/03/22/new-cnn-poll-59-oppose-obamacare/ 1i) CNN poll: Majority disapprove of Obama for first time Washington (CNN) – For the first time, a CNN poll has found that a majority of Americans disapprove of President Obama's job performance. According to a CNN/Opinion Research Corporation poll released Monday, 51 percent of respondents disapprove of Obama's job performance and 46 percent approve of it. …In fact, health care was the policy area that drew the second highest negative rating, with 58 percent registering disapproval. The highest negative rating was 62 percent for his handling of the federal deficit. …On the economy overall, 54 percent disapprove of his work and 43 percent approve. See: http://politicalticker.blogs.cnn.com/2010/03/22/cnn-poll-majority-disapprove-of-obama-for-first-time 2) Banks on verge of losing student lending business WASHINGTON – President Barack Obama's health care success has an intended side effect: Attached to the fast-track package of health care fixes is an overhaul of college assistance programs that would cost private lenders billions of dollars in college loans. Industry lobbyists have watched helplessly as Democrats and the Obama administration this week appear on the verge of shifting student lending from private banks to the federal government. …"The education secretary is the new banker of the year," said Sen. Lamar Alexander, R-Tenn., himself a former education secretary. Republicans offered amendments Wednesday to weaken or kill the student loan bill. But any change to the expedited measure would send it back to the House, and Democrats have vowed to kill any amendment. See: http://news.yahoo.com/s/ap/20100324/ap_on_bi_ge/us_health_care_student_loans 3) The End of American Empire? RUSH: This morning on Squawk Box Europe, CNBC, David Murrin, cofounder of Emergent Asset Management, is the guest, and the anchor said, "David, you've just written a book here called Breaking the Code of History: A Map for the Future. So if we've been here before, David, as I think you argue, what goes on after this?" MURRIN: I think sometimes long term history impacts the now and we're in it like a schism, like two tectonic plates that suddenly shift after a hundred years of energy building up. And that's really the end of the western Christian empire. It's bigger than the British empire, the American empire. It's the sum of all the Christian empires for nearly 900 years. And America is the last one. And when the last one changes and declines, which it's in, it will be very rapid, it's the end of the whole system. RUSH: I've never heard it put that way. The Christian empire, America is the largest part it and is the last one, and when the last one changes and declines, which it's in, so the American empire is in decline. And this is partly because of the health care bill. So he added this. MURRIN: At the same time the system that rises challenges far quicker as it moves into the vacuum created by the old system, and that's the east. The surprise will be the rate of that change. And we view the new administration in America as new hope. Unfortunately, if you look at historical precedents of underclass and the mechanisms of an underclass actually coming to the fore demographically, it is not new hope, it's the beginning of the end. And we're seeing that very quickly take place (emphasis mine). See: http://www.rushlimbaugh.com/home/daily/site_032410/content/01125112.guest.html 4) ACORN disbanding because of money woes, scandal CHICAGO – The once mighty community activist group ACORN announced Monday it is folding amid falling revenues — six months after video footage emerged showing some of its workers giving tax tips to conservative activists posing as a pimp and prostitute. "It's really declining revenue in the face of a series of attacks from partisan operatives and right-wing activists that have taken away our ability to raise the resources we need," ACORN spokesman Kevin Whelan said. Several of its largest affiliates, including ACORN New York and ACORN California, broke away this year and changed their names in a bid to ditch the tarnished image of their parent organization and restore revenue that ran dry in the wake of the video scandal. …ACORN's board decided to close remaining state affiliates and field offices by April 1 because of falling revenues, with some national operations will continue operating for at least several weeks before shutting for good, Whelan said Monday. For years, ACORN could draw on 400,000 members to lobby for liberal causes, such as raising the minimum wage or adopting universal health care. ACORN was arguably most successful at registering hundreds of thousands of low-income voters, though that mission was dogged by fraud allegations, including that some workers submitted forms signed by 'Mickey Mouse' or other cartoon characters. Watch out! Prediction: This organization will re-surface with a new name and new branding. See: http://news.yahoo.com/s/ap/20100322/ap_on_re_us/us_acorn_closing_down 5) Treaty to cut US-Russia nukes; signing in 2 weeks WASHINGTON – The U.S. and Russia reached a breakthrough agreement Wednesday for a historic treaty to reduce the nuclear arsenals of the former Cold War rivals, the most significant pact in a generation and an important milestone in the decades-long quest to lower the risk of global nuclear war. After long and trying negotiations, President Barack Obama and Russian President Dmitry Medvedev are to sign the treaty in two weeks in Prague, once final technical details are worked out, officials in Washington and Moscow said. The accord is expected to cut the number of long-range nuclear weapons held by each side to about 1,500, and it raises hopes for further disarmament in the years ahead. …Though the State Department said the two countries were still working out unspecified final technical details, spokesman Mark Toner said there had been discussions with the Czech government about holding a signing ceremony in Prague — where Obama last April declared his vision of a nuclear-free world. Fantastic! We can all sing “Kum ba ya” while China, Iran, and North Korea increase their nuclear arsenals! See: http://news.yahoo.com/s/ap/20100325/ap_on_go_ca_st_pe/us_russia_nuclear 6) Israel approves new building in east Jerusalem JERUSALEM – The Jerusalem municipality has approved 20 new apartments for Jews in an Arab neighborhood of east Jerusalem, the city said Wednesday, in a move that could stir a new diplomatic crisis with the United States just as Israel's leader is in Washington on a fence-mending visit. The announcement marked the second time this month that Israel has announced new construction in the disputed section of the holy city during face-to-face meetings between top U.S. and Israeli officials. …The U.S. views Israeli building in east Jerusalem, the part of the city claimed by Palestinians as their future capital, as disruptive to Mideast peacemaking. Israel, which captured east Jerusalem in the 1967 Mideast war (which Israel did not start, comment mine), insists the city cannot be divided and says it has the right to build anywhere. And it does. Israel is the only country in the world whose borders are subject to “peacemaking”. See: http://news.yahoo.com/s/ap/20100324/ap_on_re_mi_ea/ml_israel_palestinians 7) Glenn Beck: What Is 'Social Justice'? Long, but of fundamental importance… Everything we see pushed down the throats of the American people right now — TARP, the stimulus, health care, immigration reform, bailouts, cap-and-trade — they all have one thing in common: Their PR campaigns contain two words: "social justice." You've probably heard it a lot lately: PRESIDENT BARACK OBAMA: I think that there is a strong tradition of social justice in the Catholic Church that had a profound influence on me. OBAMA: I received one of those letters a few days ago. It was from our beloved friend and colleague Ted Kennedy.... "What we face," he wrote, "Is above all a moral issue. At stake are not just the details of policy, but fundamental principles of social justice." VICE PRESIDENT JOE BIDEN: So the measure here is what can we do with the major initiatives in the areas of the economy — economic recovery — jobs, education, housing, health care, are all designed to advance social justice. …I'm glad to see Time suddenly cares about God... or am I? The other "news" from The New York Times was that I recommended leaving church if those churches help the poor. And I would have gotten away with it too, if it wasn't for those pesky, meddling "journalists"! I'm not sure why I would expect the media to start searching for the truth now, when they've never let it get in the way before. The truth is this: The term "social justice" has been completely perverted and hijacked by progressives. It doesn't mean simply "help the poor" to them. It does to some people, but not to radical progressives. And now, just for The New York Times and everyone else who thinks I hate poor people — I know your attention span is about 20 or 30 seconds, but try and pay attention — we'll set the record straight for you here on social justice. The kind I am talking about vs. the kind that they are talking about. Ready? Here's my definition of social justice: Forced redistribution of wealth with a hostility toward individual property rights, under the guise of charity and/or justice. On my radio program, I said if your church is promoting Jeremiah Wright-type "social or economic justice," you should run from it or at least get educated on what progressives mean by this. …Churches that preach his type of "social justice" are what I was referring to when I said "run." This kind of social justice being preached in Rev. Wright-style churches not only resembles what many of these radical progressive and socialist and communist groups preach today, it is what they preach: Government forcibly taking wealth and spreading it around — leveling the playing field, so there's no "economic inequality." …Remember, we are talking about the extreme left. Does Moral Majority come to mind? What about the Christian Coalition? They were enemy No. 1 to the left. Why is it that the extreme left is talking about social justice and moral responsibilities? The left understands that if there is a wall you can't get around, then go through the cracks like a mist — infect it and use it for yourself. So it's interesting to me that we are now being taught by social justice extreme leftist preachers about your Christian duty to have a big government or a big government program. And all of the issues are being framed around morality. …Notice what they all have in common: Taking from one and giving to another. The second half of that equation — giving to another — is charity. But then President Obama's spiritual adviser says this: (BEGIN AUDIO CLIP) REV. JIM WALLIS: We have to be very clear about this. Voluntary, faith-based initiatives with no resources, no resources to make any serious difference in poverty reduction, is not adequate. That's a charity that falls far short of biblical justice. (END AUDIO CLIP) Voluntary charity doesn't go far enough? Give to the poor by taking from the rich? Unfortunately that means theft (emphasis mine). See: http://www.glennbeck.com/content/articles/article/198/38320/
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