Tuesday, October 28, 2008

Obama Babies

Indoctrination kid. Looks like he's not wasting any time learning how to use a diaphragm. Or is that a prophylactic he's being taught to put on a banana for the first time by lefty sexperts and child development gurus? Looks like he'll be ready for whatever new living constitutional right or redistribution of wealth---at taxpayers' expense---that may come his way soon from our Nanny babysitters.
Meanwhile, Silly Me, I prefer the kid below, who's got his priorities straight, putting open, unapologetic, raw and notorious self-interest and discovery before partisan politics. What's wrong with him anyway? Someone call ACORN to get his mind refocused!
John Tamny at RealClearMarkets writes on how Obama's plan to raise capital gains taxes is wrong again.

Tamny continues:

"In many ways a non-existent capital gains rate should appeal to Obama. He clarified to ABC's Charles Gibson his desire to raise the rate as something rooted in "fairness", but given the basic truth that there are no wages without capital, the only fair action to take with respect to lower-income workers would be to erase the tax on capital investment to zero. Abolishment of the rate would increase the amount of capital available for wages, plus it would increase the wage competition for what is always a limited supply of workers."

But he ends with a ray of much needed real hope:

"On a positive front, Barack Obama, if elected, will be positively restrained in what he does by the political economics of his desire to be a two-term president. That being the case, it is hoped that he'll cross the aisle on the all-important question of capital-gains taxes. A lower or abolished rate would be a big economic boost all else being equal, plus it would help Obama realize what are now simply campaign platitudes about higher wages and greater economic fairness."

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