Friedman Fridays

“The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.”

    ― Milton Friedman

A perfect analysis of the Flea Party occupying Wall Street and Bay Street

Exhibit C. To the villainy-of-the-rich theme emanating from Washington, a child is born: Occupy Wall Street. Starbucks-sipping, Levi’s-clad, iPhone-clutching protesters denounce corporate America even as they weep for Steve Jobs, corporate titan, billionaire eight times over.

These indignant indolents saddled with their $50,000 student loans and English degrees have decided that their lack of gainful employment is rooted in the malice of the millionaires on whose homes they are now marching — to the applause of Democrats suffering acute Tea Party envy and now salivating at the energy these big-government anarchists will presumably give their cause.

Except that the real Tea Party actually had a program — less government, less regulation, less taxation, less debt. What’s the Occupy Wall Street program? Eat the rich.

 

The whole article is a must read by the smartest man in Washington, Charles Krauthammer

Past Speaker Pelosi Takes Cake…Then Claims She Baked It And Gave To American People

I tweeted this but this story just HAS to get out there. It’s simply preposterous what past Speaker of the House Nancy Pelosi has claimed.

At her final press conference as House Speaker, Nancy Pelosi (D-CA) said, “Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go.”

The numbers tell a different story.

When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8,670,596,242,973.04. The last day of the 111th Congress and Pelosi’s Speakership on December 22, 2010 the national debt was $13,858,529,371,601.09 – a roughly $5.2 trillion increase in just four years. Furthermore, the year over year federal deficit has roughly quadrupled during Pelosi’s four years as speaker, from $342 billion in fiscal year 2007 to an estimated $1.6 trillion at the end of fiscal year 2010.

Ya gotta love her moxie though. She claims their priority is deficit reduction yet the deficit under her watch goes up $5.2Trillion.

NOTE: for those following my twitter I tweeted Billion and deleted to retweet Trillion. Oops!!)

New Democrat Wants To Redistribute Wealth

They finally said it.

Rookie NDP MP Dany Morin of Chicoutimi–Le Fjord, while speaking in the house on Wednesday June 22, 2011 admitted that the NDP want to redistribute wealth.

Mr. Speaker, I would like to say to the Conservative member that the NDP supports wealth creation. However, unlike our Conservative colleagues, we support the redistribution of this wealth in society.

We all know this means dipping (no pun intended) into the pocket of those who have and putting into the pocket of those who do not have with a “commission” for the bureaucracy. How big that commission is? Or who decides who is a have or a have not is not up to you but up to the state.

Be afraid. Be VERY afraid.

h/t to ShamTheToryMan