Archive for June, 2010
Capitalism vs. Consumerism
Monday, June 14th, 2010“Income redistribution” or “spreading the wealth” has enormous consequences beyond the simple transfer of wealth from one segment of society to another. Those who advocate such government policies attack the traditional values of Americans. But they also damage the basic system by which wealth is created. Until recently, taxes were viewed as the price paid [...]
Are you an Idiot?
Saturday, June 5th, 2010In 1960, I would work all week for $50 – about 50 hours. Back then, before the US Gestapo became so powerful and intrusive, I could work for cash, with no taxes withheld or paid. I worked 50 hours, earned $50, and received $50. In 1960, I was pretty frugal. I needed money to live [...]