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SENTRY JOURNAL » Wealth Redistribution

Video:The Broken Window Fallacy

August 4th, 2010 | 8 Comments

We all know that Obama’s failed economic policies are rooted in Marxism.  His wealth redistribution agenda and Keynesian model are destroying our economy and killing jobs.  He is convinced that the same entity that has mismanaged the post office, bankrupted social security, and failed miserably in their response to the gulf oil spill can be more efficient than the private sector.  This is a man that is completely out of step with the American people and pretty much out of touch with reality.  Removing wealth from the private sector to redistribute it as it sees fit destroys wealth and weakens economic growth.  Increasing taxes removes wealth from the private sector and drastically slows economic growth.  Why?  Well the money that would otherwise be spent on goods and services in the private sector … Read entire article »

Filed under: Broken Window, Economics, Video, Wealth Redistribution

Socialism is Slavery

July 18th, 2010 | 12 Comments

I was inspired to write this post by an interview I read over at Trestin Meacham’s blog.  He was interviewing a fellow blogger Hyphenated-American and I was moved by his words. The following is an excerpt from that interview.  TM: Why should Americans be concerned about socialism? H-A: In the final analysis, socialism is modern day slavery. Freedom of speech, freedom of the press, democracy, freedom of religion, freedom of association cannot exist in the absence of free market economy. If a man cannot keep the fruits of his labor, if the government has full control over his economic activity – that man is nothing but a slave. Every increase of government’s economic power comes at the expense of individual liberty. Every time government claims its right to regulate this or that commerce … Read entire article »

Filed under: Democrats, Obama, Slavery, Socialism, Wealth Redistribution