None Dare Call It Marxism
By David Limbaugh
July 3, 2009
Page 2 of 2
Mentorship and associations are one thing, but what have Obama's words and actions revealed about his attitudes toward labor, capital, profits and government control of business and industry?
Well, he said that he would raise capital gains tax rates, even if it reduced revenues, as a matter of fairness. It's only fair to make everyone poorer if you believe profits are inherently evil.
He told Joe the Plumber he wants to spread the wealth around. He talked about confiscating Exxon Mobil's profits and giving them to consumers, saying "they are not going to give up those profits easily." He called Chrysler creditors "speculators" and castigated them for refusing to accept his extortionist reorganization plan. He berated Wall Street for making profits, saying "now is not (the) time" for them to "rake in profits." He and his wife even railed against the pursuit of profit in their respective commencement addresses.
He abused the power of his office to steal money from GM and Chrysler shareholders and transfer it to the proletariat, I mean, the United Auto Workers. He redistributed taxpayer money from those who have paid their mortgages to those who have not.
He is desperately trying to spread the misery and impoverish businesses and individuals through his cap and tax plan, which no proponent of economic growth and prosperity would consider supporting. And in addition to gobbling up other businesses and industries, he is trying to nationalize medicine -- to siphon off the evil surplus value charged by doctors and insurance companies -- on the flawed Marxist theory that he can reduce costs overall, when the reason health care costs have already skyrocketed is that market forces have been suppressed in the industry.
You don't have to call him a Marxist, but at least understand where his heart is.
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David Limbaugh is a writer, author and attorney. His book "Bankrupt: The Intellectual and Moral Bankruptcy of Today's Democratic Party" was released recently in paperback. To find out more about David Limbaugh, please visit his Web site at www.DavidLimbaugh.com.
COPYRIGHT 2009 CREATORS SYNDICATE INC.
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Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA. >> Back -- Page 1 2
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