Tag Archives: Redistribution

Rush Limbaugh: Pope Francis is Talking Redistribution Again

RUSH: Now, I want to go back this pope story. There’s a couple of interesting paragraphs here in the AP story, and we have to allow they could be totally wrong and incorrect because it is the AP. However, the … Continue reading

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Ignorance Comes Home to Roost

Voting has consequences. So does ignorance. Unfortunately, their dreams of “redistribution” have turned into the reality of “confiscation”. When taxation becomes tribute, government becomes tyranny. David DeGerolamo Related Article: In DC, the public reacts to payroll tax hike

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Obama’s America: The Food Stamp Nation

America has over 44 million people on Food Stamps. The food stamps program’s real name is Supplemental Nutrition Assistance Program (SNAP). The Food Stamp program is “hidden” from view through Electronic Benefit Transfer Cards that work just as credit cards. … Continue reading

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This Is How Food Stamps Really Work

I received the following email today : This picture is endorsed by nearly 50 million people who eat at the expense of  American taxpayers and the Chinese government The reality is quite different. A food stamp recipient actually receives an … Continue reading

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Freedom To Succeed

From YouTube: Thomas Peterffy grew up in socialist Hungary. Despite the fact that he could not speak English when he immigrated to the United States in 1956, Thomas fulfilled the American dream. With hard work and dedication, he started a … Continue reading

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Are You Worried About the Collapse of the US Dollar?

  1/20/09 (currency vs. the value of the USD) 9/14/12 (currency vs.the value of the USD)  Difference  Gain or Loss  Swiss Franc 1.14 0.93 -$0.21 18.54%  Chinese Won 1.36 1.13 -$0.23 17.07%  Canadian Dollar  1.26 0.97 -$0.29 22.97%  British Pound … Continue reading

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Redistribution has no borders

The bad news concerning the theft of private property from GM bondholders to the labor union continues. GM profits are going over the cliff, channel stuffing at the dealerships is skewing the sales in the United States and the government … Continue reading

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Obama: If you’ve been successful, you didn’t get there on your own

See additional comments on Tea Party Nation. The following excerpt is from a speech by Obama in Virginia: There are a lot of wealthy, successful Americans who agree with me — because they want to give something back. They know they … Continue reading

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Former Chairman of the FDIC: My Solution for Income Inequality

Sheila Bair, a former chairman of the Federal Deposit Insurance Corporation, has written an article concerning income inequality in the United States. Tongue in cheek or blatant arrogance? David DeGerolamo Fix income inequality with $10 million loans for everyone! By Sheila … Continue reading

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$40 Billion Bank Settlement Was Actually Another Obama Redistribution Scheme

The $40 billion bank settlement concerning home foreclosures has fine print that is just now being made public. This settlement will be repaid to the banks by the government so the American taxpayer is once again bailing out home mortgages … Continue reading

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Hypocrite, Thy Name Is Obama

First: Second:

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Perdue’s Default = The General Assembly’s Shame

I wrote an article on January 17th detailing the consequences to North Carolina’s business owners and corporations due to Governor Perdue’s default on payments to the federal government for unemployment benefits. I sent a link to this article to every … Continue reading

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What Are the Consequences of Beverly Perdue’s Default on Payments to the Federal Government?

Governor Perdue’s attempt to buy votes by paying exorbitant unemployment benefits for two years has now led to a default on payments to the federal government. What are the consequences for North Carolina? The federal government has imposed a penalty … Continue reading

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On the Subject of Redistribution …

David posted an article this morning: “The Impotent GOP Response to the IMF Redistribution of America’s Wealth”. By coincidence I was reading on the same subject this morning … the redistribution part. My source was not contemporary news, but rather … Continue reading

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Redistribution Takes Many Forms

In the past, you could at least accrue interest on your savings. If the annual interest accrued on your savings was 5%, you still would be losing money since you pay taxes on the interest. The current interest on a … Continue reading

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