Friday, October 9, 2009

Declaration of Socialism - February 11, 2009

President Obama said that government deficit spending stimulates the economy. This is the dishonest version of ‘spread extorted wealth around’. Deficit spending is wealth confiscation, wealth created by productive slaves. Much, if not all, will be borne by yet-to-be-born producers. Right to life includes the freedom to not be burdened with other people’s debts or costs of living. Mr. Obama is no respecter of rights.

“It is absolutely true that we can't depend on government alone to create jobs or economic growth," President Obama said. "But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs."

Only the government has the power to coerce. Mr. Obama’s solution to the ailing economy is: more coercive power – more enslavement.

Tragically, the alternative offered by the Republican Party, a staunch advocate of oppressive laws like antitrust and insider trading, is a path towards theocracy.

Recessions are caused by serfdom. The cure is freedom. Dr. Benjamin Franklin observed:
“Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need for masters.”
The solution to the devastating loss of jobs is capitalism. Unleash job creators!

1 comment:

Ilyn Ross said...

From this article: -

The "stimulus" package is premised on the consumptionist idea that spending creates wealth. But spending only transfers wealth; production creates wealth. Neither buying nor selling creates goods.