capitalism

Davos Elites Want to Scrap Capitalism

January 22, 2012
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The world’s political and economic elites are meeting in Davos, Switzerland to come up with ways to scrap capitalism in its current form. As far as I can tell, there’s no call to end crony capitalism, so I’m assuming it’s the free market kind they want to do away with. Hey, what have they...

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Video: Mitt Romney Defends Capitalism and Free Enterprise

January 20, 2012
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Mitt Romney had a few low points in last night’s debate, but this wasn’t one of them. I hope he keeps this up. The last line was the best. Update: He also said he’s not going to apologize for being successful. KING: So — so let’s go — let’s go back. I’m glad you...

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I’m a Person, and Half a Corporation, So Don’t Tell Me Corporations Aren’t People

January 18, 2012
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Jonah Goldberg’s latest article at National Review reminded me of what’s been keeping me busy while I recuperate from my Christmas injury. He was weighing on Mitt Romney’s comment regarding corporations being people, and Romney’s less than stellar way of communicating his ideas. (Someone get him a teleprompter, pronto!) All kidding aside, the argument...

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Obama the Vulture Socialist

January 12, 2012
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At The American Spectator George Neumayr makes the case that Mitt Romney’s brand of venture capitalism is far superior to Obama’s vulture socialism. Romney would be wise to tailor his message accordingly. So would the other Republican candidates. (Not that there’s any hope for Gingrich and Perry.) A president who promised to bankrupt the...

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Romney on Obama and GM

January 11, 2012
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Rush Limbaugh was flabbergasted today because on ABC this morning Mitt Romney compared his experiences at Bain Capital to what Obama did with GM. “The Vice President and the President, for instance, oversaw General Motors and Chrysler and what did they do? They came in and closed factories, closed dealerships, laid people off. They...

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Sean Hannity to Rick Perry: You Sound Like Occupy Wall Street

January 11, 2012
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Rick Perry can’t shut up about Bain Capital and “vulture capitalism.” Here he is last night on with Sean Hannity. Hannity quoted him and told him he sounds like Occupy Wall Street. Perry, who doesn’t seem to have a clue what he’s talking about, refused to back down. Later in the video Hannity told...

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Newt Gingrich, Rick Perry Sound More Like Occupods Than Republican Candidates

January 9, 2012
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I just heard an ABC News reporter say that Democrats are “giddy” that Republicans are doing their dirty work for them against Mitt Romney. I’ll say. Rather than go after Romney for some of his past liberal positions, they’re going all Occupy on him, and attacking him for engaging in capitalism. At least there’s...

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Newt Gingrich Shouldn’t Talk About Looting

January 9, 2012
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Newt Gingrich created a buzz when he accused Mitt Romney of “looting” companies during his days at Bain Capital. I guess this attack on capitalism isn’t so odd coming from a champion of government sponsored enterprises who “looted” Freddie Mac for nearly $2 million in consulting fees. See The Wall Street Journal for a...

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Video: Thomas Sowell Debates Frances Fox Piven in 1980

November 27, 2011
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American Glob found this old video of Thomas Sowell debating Frances Fox Piven on the concepts of “equality of rights” vs. “equality of results.” Milton Friedman also participated in the debate. In this clip from the 1980 Free To Choose, socialist Frances Fox Piven tangles with Milton Friedman and Thomas Sowell. Sowell, in particular,...

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Tea Parties Counter ‘Occupy Black Friday’

November 24, 2011
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Tea Parties in the Philadelphia, PA area are countering the anti-capitalist occupiers on Black Friday with a “buycott,” according to CNBC. I wasn’t planning on doing any shopping (at least in stores) on Black Friday, but perhaps I’ll alter my plans a bit since I’m in the area. If nothing else, it should be...

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Not again: Yet another “scientific” report urges immediate action to combat “climate change”

November 17, 2011
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BREAKING NEWS:  “Scientists” warn of climate catastrophe in NY if immediate action is not taken!  No kidding. Whoooo…verrrry scarrry.  Help me Algore, save me!  Actually I’m not sure what’s more frightening, the hideous image of Algore, or thinking that there are still people out there that swallow this psuedo-scientific pablum hook, line and sinker.  As noted  in the Syracuse Post-Standard, the...

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News You May Have Missed: Most of America’s Wealthy are First Generation and Not Bankers

November 9, 2011
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President Obama and his progressive pals would like you to believe that wealth in America is hoarded at the top by the 1%, or whatever percent they decide to vilify at any given moment. They want you to think that people are either born into wealth, or acquire it at the expense of others.

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Despite Support for Occupy Movement, Men’s Warehouse Trashed During Oakland Riot

November 3, 2011
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Broken glass is shown at a Men's Warehouse building in downtown Oakland, Calif., Thursday, Nov. 3, 2011 after a Occupy Wall Street protest earlier.   Cleanup work is under way at Oakland's city hall plaza the morning after a massive anti-Wall Street protest turned violent and chaotic.  Graffiti is covering a number of businesses in the immediate area around Frank Ogawa Plaza, where thousands had gathered for a mostly peaceful protest Wednesday. Some windows also are broken, and debris is littering the street.(AP Photo/Paul Sakuma)

This is ironic. The Men’s Warehouse store in Oakland closed yesterday in honor of the occupiers’ general strike. They had a lovely sign made up and displayed in their window explaining that they were standing with the 99%. No doubt they will lose some business over this move, seeing that quite a few people...

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Video: More Peter Schiff vs. OWS

November 1, 2011
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In case you haven’t gotten enough of Peter Schiff schooling the Occupy kids, here’s more. Via MRCTV where the irony of a college kid taking on Schiff is duly noted. Tweetvaso link

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