Countries with the Biggest Gaps Between Rich and Poor- Is this Capitalism?

Oct 22, 2009 - I generally have a strong stance on Capitalism being the best economic system in existence.  However, now and then I think it's good to question this, especially when I see things like this, which don't help to proove my point.  Basically, most countries on this list are the most capitalist nations in the world- with Hong Kong having the biggest gap, and being the "most Capitalist."  I do believe that Capitalism is good for the whole, that it does not cause the rich to get richer, etc.  But this shows that the rich are just taking over all of the wealth in these nations.  What are your thoughts?   Countries with the Biggest Gaps Between Rich and Poor October 21, 2009 by admin   Filed under World Leave a comment By Bruce Einhorn from Business Week The U.N. Development Program recently came out with a report looking, among other things, at income inequality worldwide. - 11 Comments

How The NYT makes its first coment on ACORN scandel

Sep 16, 2009 - Conservatives Draw Blood From Acorn By SCOTT SHANE (NYT) Published: September 15, 2009 WASHINGTON — For months during last year’s presidential race, conservatives sought to tar the Obama campaign with accusations of voter fraud and other transgressions by the national community organizing group Acorn, which had done some work for the campaign. But it took amateur actors, posing as a prostitute and a pimp and recorded on hidden cameras in visits to Acorn offices, to send government officials scrambling in recent days to sever ties with the organization. Conservative advocates and broadcasters were gleeful about the success of the tactics in exposing Acorn workers, who appeared to blithely encourage prostitution and tax evasion. - 13 Comments

Adam Smith would not be optimistic in today's economic world (From Great Britain)

Sep 07, 2009 - Adam Smith would not be optimistic in today's economic world Adam Smith once commented that "there is a great deal of ruin in a nation". He meant that bungling governments imposed only a limited check on the economic performance of a Great Nation. UK Telegraph article (no auther listed) As Nathanael Smith and I show in our study of US economic contractions, Adam Smith would be much less sanguine were he confronted by today's financial crisis and the US government's response. - 0 Comments

New York Tackles Wage Theft Against Immigrants

May 20, 2009 - NPR All Things Considered, May 19, 2009 · On a bustling sidewalk in the Dominican neighborhood of New York City's Washington Heights, Carmen Calderon reaches over a folding table to wave a pamphlet at a sandwich delivery man, shouting in Spanish, "You know your rights as a worker?" The man smiles and keeps biking. But in the course of an afternoon Calderon manages to lure others and deliver her message, part of a new effort by New York State's Labor Department to combat wage theft among this city's enormous immigrant workforce. - 8 Comments

"Tax me", Some Rich Americans Tell Obama

Aug 15, 2009 - Raise my taxes, says millionaire Chuck Collins. The scion of the Oscar Mayer family supports a House panel’s healthcare plan that would boost taxes for families earning more than $350,000 a year. He also advocates ending the Bush tax cuts for the rich right away, rather than when they expire at the start of 2011, and closing foreign tax havens to Americans. - 106 Comments

The Cloward/Piven Strategy of Economic Recovery

Aug 13, 2009 - By Nancy Coppock February 07, 2009 Using borrowed money for a band-aid bailout of the economy should seem backwards to most people. However, it likely is a planned strategy to promote radical change. Those naively believing that President Obama is simply rewarding his far-left base, and will then move to the political center, must wise up. - 9 Comments

Report: Iraqi Refugees in US Need More Help

Jun 17, 2009 - Thousands of Iraqi refugees resettled in the U.S. are living in poverty and need additional federal aid to survive the nation's economic crisis, according to a new report by an international aid agency. The report - issued Tuesday by the International Rescue Committee, a New York-based refugee resettlement organization - found that the U.S. - 0 Comments

Modeling Federal Government after failing States

Jun 26, 2009 - Seems like the logical thing to do to me. http://online.wsj.com/article_email/SB124597150183556945-lMyQjAxMDI5NDI1NjkyNzYxWj.html The Albany-Trenton-Sacramento Disease How three liberal states got into deep trouble with 'progressive' ideas. President Obama has bet the economy on his program to grow the government and finance it with a more progressive tax system. - 5 Comments

Part 6 of 12 Parts - The Audacity of Socialism by Investor's Business Daily

Aug 28, 2008 - Hi, I hope everyone is having a wonderful day. :) Today is part 6, Obama Finds An ACORN, from The Audacity of Socialism by Investor's Business Daily. As usual you can read Part 6 below, or you can choose to listen or read Part 6 from the direct link: http://www.ibdeditorial.com/IBDArticles.aspx?id=302914868143810 Also, here is the link to all 12 Parts if you want to read ahead: http://www.ibdeditorial.com/series8.aspx SOURCE: Obama Finds An ACORN By INVESTOR'S BUSINESS DAILY | Posted Wednesday, August 06, 2008 4:20 PM PT Election '08: The man who includes being a community organizer on his short resume has a long association with a far-left group that would organize our communities into socialist gulags. - 8 Comments

Liberals: Wolves in Sheep's Clothing

Jun 14, 2009 - PUBLIC POST * June 14, 2009 By Lloyd Marcus I still remember the knot in my stomach upon seeing the sea of white faces from the window of our school bus. It was the first day of school 1961. We came from a neighboring black community, about a hundred or so of us, to the newly integrated white Jr/Sr high school with thousands of students. - 8 Comments