and of course, Henry Paulson (Paulsie?).  All suffer from “best and brightest syndrome”; that is, the arrogant belief that the welfare state is inherently manageable (not), it just requires “smart people” to manage it. Didn’t work for JFK and it’s not working now.

Comparisons are indeed odious, but need to be made in this case. By Super-Rich, we mean folks lie Warren Buffett, George Soros, and many Wall Street titans. The short-hand term for such individuals: The “More Money Than Sense” crowd.  By Socialists, we mean folks like Democrats, liberals and… Barack H. Obama. This piece is an OUTSTANDING illustration of the dangers these folks pose for the rest of us. It also demonstrates once again that these people are not altruists. In fact, quite the opposite. They are selfish, greedy, and duplicitous.

Nothing either good or bad but thinking makes it so. Read here for more.

Not surprisingly, Hawaii’s experiment in benevolence FAILED. Congrats to Governor Lingle for having the courage and judgement to pull the plug.

Here’s a view of Colin Powell’s Obama endorsement that makes sense to me intuitively. What’s your take?

Admittedly, Senator Obama has plenty of company when it comes to economic illiteracy. However, since it is possible he will be this nation’s next President, here is an example of his illiteracy; Obama - Economic Illiterate.

The key to a sound economy; growth, wealth, entrepreneurship. Governor Palin gets it instinctively; McCain’s proposal is more weighted toward growth than not. But in general, Democrats want Americans fighting over the pieces of the economic pie. Republicans want to make the pie larger and realize that the American people are the pie-bakers.

US Congressman Charles Rangel’s increasingly muddy financial dealings have compelled the New York Times editorial board to suggest he step aside from his uber-powerful Ways and Means chairmanship. So tangled is Rangel’s situation in fact, that he has been compelled to hire a forensic accounting firm to untangle this Gordian Knot of a mess. We at Patriot Games Radio concur with Wall Street Journal and the New York Times editorials: the tax code (which Rangel helps write) is way too complicated for anyone to understand. Nonetheless, ignorance of the law is no excuse and Rangel should in fact step aside in favor of someone who will usher in TRUE tax code reform: a flat tax rate of 5% with NO deductions.

Tags: patriotgames radio, patriots internet radio, free nfl games internet radio, Charles Rangel, forensic accounting, income tax, sarah palin, bush doctrine, thanks to palin

A major chink in the liberal/Democrat armor: their snobbery regarding education. As a party, Democrats are a wholly-owned subsidiary of the teachers unions. They endlessly profess their “support” of public education. However, the facts on the ground are somewhat different when their own children are involved. In that case, the children of said liberals/Democrats almost invariably send their children to…. Private Schools. What a surprise. Sandra Tsing Loh points this out beautifully.

Tags: SandraTsing Loh, education, sarah palin, democrat, patriot games radio, social internet radio, internet, radio,

When I first read the AP headline: “”, I admitted to being taken aback (see link below). That is, until I read the story and came to the conclusion that headlines are frequently misleading. Frequently, they serve as a means to an end of “scraping eyeballs” toward a particular story line. In this case, if all you read is the headline, you will come to the conclusion that “corporations are not paying their fair share” and other such nonsense. In reality, corporations don’t pay taxes, shareholders and people do. Moreover, many business entities today operate on a “pass-through” basis, meaning that they pass through any profits that may exist directly to the owner(s) personal tax bracket and return. So technically, the “business entity” doesn’t pay taxes in addition to the owners. The tax man is only getting one bite (and a very large one at that) of the profit apple. Which is the way it ought to be. The AP can be excused for not possessing extensive knowledge of tax policy, who does? They can’t be forgiven however, for not giving both sides of the story. The Tax Foundation is one such source as is Americans for Tax Reform.

I am listening to the July 13, 2008 edition of “Meet the Press”. The first segment’s guests: McCain campaign representative Carly Fiorina and Obama campaign representative Claire McCaskill (D-Mo). The primary topics: Iraq and the state of the US economy. Listening to the statements made by both campaign representatives with respect to “fixing the economy” is painful and depressing for one simple reason: they show that both candidates are more than willing to use the coercive power of government to enforce conformity their respective world views. Thinking voters realize something that eludes the bureaucratic elite: The best way to “fix” the economy is to observe the Hippocratic oath: First do no harm. Economies are invariably subject to the laws of supply and demand. Government schemes that ignore this fact do unending harm to their citizens by igniting the law of unintended consequences. It must also be steadfastly noted that Presidents do not “run” economies nor should we want or allow them to do so. Kleptomania, despotism and general chaos characterize those economies which permit their policy officials to “run” their economies. (Think Zimbabwe and North Korea) as extreme examples. America’s economic system will function much better when its citizens look to themselves and to each other for solutions. Politicians and their conformist schemes are invariably part of the problem, good intentions not withstanding.