Comments on: The Grasping Hand

By: Zopyros Alberto

Zopyros Alberto — Sun, 14 Feb 2010 22:01:46 +0000

And forget not that the earth delights to feel your bare feet and the winds long to play with your hair.

By: Tweets that mention The Grasping Hand | FrontPage Magazine -- Topsy.com

Tweets that mention The Grasping Hand | FrontPage Magazine -- Topsy.com — Fri, 29 Jan 2010 05:18:02 +0000

[...] This post was mentioned on Twitter by Jordan Solomon, FrontPage Magazine. FrontPage Magazine said: The Grasping Hand: The modern democratic state pillages its productive citizens. http://bit.ly/alcD9T #news #politics [...]

By: 080

080 — Fri, 29 Jan 2010 03:46:26 +0000

kI wouldn't quite call the policy Keynesian. Keynes believed that we should run up debt in bad times and reduce debt in good times. But that is neither here nor there. The unbridled expansion of the money supply was more the theory of C.H. Douglas, a money crank from the thirties. What we are up against was best explained perhaps by the supply-siders of the seventies: Robert Mundell, Jude Wanniski, and Arthur Laffer. The essence of their message was stabilization of the dollar and lower taxes. That seems like a good idea. The volatility of the dollar resulted in all those unavailable insurance policies to hedge against it.

By: Jens Meder

Jens Meder — Fri, 29 Jan 2010 02:48:49 +0000

Even if we had a solid currency based on the gold standard and the best (lowest possible tax based) govt., the country could still remain with a stagnant economy or even go "down the drain", if there is no savings rate to finance investment , and an inability or unwillingness to repay debts.
Investment is physically impossible without someone's sacrifice of "hand-to-mouth" consumption (potential) or savings, after existing reserves have been consumed one way or the other.

By: Jens Meder

Jens Meder — Thu, 28 Jan 2010 22:39:20 +0000

How comes no one has suggested the answer to "the pillage of the future by the present", socialistic welfarism and plutocratic feudslism, is in an all-inclusive personal (retirement) capital ownership savings rate, easily introduced through through an increased "consumption tax" explicitly for this purpose? (With promising political support potential with the condition, that its priority investment will be in needed infrastructure and productivty until excessive unemployment has been defeated!)
"Living cost adjustments" to the poorest because of this would still result in raising tha national savings rate on a widening ownership basis, with the ultimate goal being "Ownership Democracy", defined through at least a minimally meaningful level of personal (retirement) wealth (capital) ownership by all citizens eventually.

By: USMCSniper

USMCSniper — Thu, 28 Jan 2010 20:43:33 +0000

The only difference between a common street thug and a socialist is that the street thug does not pretend to be moral while he is looting your welath by force nor does he have the gall to claim the he is doing it for your benifit. Got it bubba4??

By: Linda Rivera

Linda Rivera — Thu, 28 Jan 2010 20:37:09 +0000

Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ By Roger Runningen and Hans Nichols May 14 (Bloomberg) -- President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries. “We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.” Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.”... http://www.bloomberg.com/apps/news?pid=20601087&a... Obama admits the terrible financial destruction wrought against Americans. WHY THEN DOES OBAMA NOT IMMEDIATELY REVERSE THIS TRAGEDY? A major investor states America is going to reach Zimbabwe hyperinflation. http://economyincrisis.org/articles/show/2942 Billions of dollars urgently needed for America's defense is instead gifted to Islam. Nuclear Iran and nuclear North Korea both state they intend to destroy America. They are not idle threats. The same venomous hate for the U.S. is shared by other nations and Muslim terrorist organizations. The treasonous response of the U.S. government to America's increasing danger, is to drastically reduce our defenses facilitating America's annihilation. See: Aloha, "Star Wars" By: Washington Times Editorial Washington Times | Monday, June 29, 2009 http://www.frontpagemag.com/readArticle.aspx?ARTI...

By: Just Passing Through

Just Passing Through — Thu, 28 Jan 2010 18:42:51 +0000

semper fi -

By: USMCSniper

USMCSniper — Thu, 28 Jan 2010 18:10:45 +0000

The biggest tragedy of the 20th Century was the failures of socialism in any form from hard core Communism to present day Europeans and their socialism, first in Russia, then in Germany, China and a variety of lesser places. These collectivist ideologies claimed more lives than all the wars of even that particularly bellicose century. What I find amazing is how the communists have ducked the opprobrium of history. You can find pictures of Marx, Lenin, Mao and even Stalin in dorm rooms of American universities. T-shirts with pictures of Che Guevara and Fidel Castro are still popular. Imagine if someone had a picture of Hitler, Mussolini, Hermann Goering or Charles Manson in his dorm room or went around wearing t-shirts with one of their images on them.

By: Minnie M

Minnie M — Thu, 28 Jan 2010 18:07:53 +0000

Most beneficiaries of this government provided largess are the modern day carpetbaggers who have flocked to charismatic, but unqualified, "leaders" to advise them on how to redistribute the new found wealth. If this were not true, Goldman Sachs, AIG and other multi billionaire entities wouldn't be the recipients of most of these government handouts.

By: coyote3

coyote3 — Thu, 28 Jan 2010 17:24:04 +0000

Well you are right, but likewise, by your reasoning the "poor" are not virtuous, "because" they are "poor." However, while being born poor is neither a virtue or a vice, in many modern societies remaining "poor", to the extent that you expect the "rich" to provide for you is a fault. Now, I will admit you and I are talking huge generalizations here. In this country, I am not poor because you are rich, and punishing you does not improve my situation one bit.

By: FBastiat

FBastiat — Thu, 28 Jan 2010 16:23:28 +0000

"All this disparagement of the poor is just propaganda and pandering to the haves of society. " A FREE-MARKET RESPONSE

By: Don

Don — Thu, 28 Jan 2010 16:16:46 +0000

I see you have labeled the have nots of the world as non productive. Just what exactly is it you would like them to Produce?
All this disparagement of the poor is just propaganda and pandering to the haves of society.
The Left does not have a solution. The Right does not have a solution.
The Poor will always be with us, it is no more a fault of theirs than being born rich is a virtue.

By: marv Cohen

marv Cohen — Thu, 28 Jan 2010 15:39:52 +0000

There are a few countries that are not in debt. Chile, for instance.

By: Frank

Frank — Thu, 28 Jan 2010 15:31:42 +0000

Frank
It seems to me we have been heading in this direction for many years. When will we the productive citizens have enough of this lunacy?