It's All About Trying To Kill The Free Market

by Michael D. Hume, M.S.

It's pretty simple. When the U.S. federal government decreases income taxes, they increase government revenue by creating more business opportunities, more jobs, and more taxpayers. Investment dollars flow into the country. On the other hand, when the government increases taxes, they decrease government revenue. Opportunities and jobs are lost; investment dollars flow away to other, more-business-friendly countries.

Do you believe the government doesn't know this? They all know... or should know. Yet in spite of these truths, the current Democrat-controlled government seems determined to let the 2001/2003 tax cuts expire, essentially driving taxes up dramatically as of the first of the year. The return of the "death tax" alone will shred the wealth of thousands of families in America.

Why would they do that?

Austin Goolsby, one of the president's chief economic advisors, now appears in a White House website video claiming that the Republicans want to go back to "Bush's" tax cuts for the wealthy. He argues that such a tax cut would be "expensive," and even draws white-board pictures to explain this to slow-witted citizens. This dubious logic (how can any tax cut be "expensive" when it will increase revenue to the government?) is all part of the narrative of the current government. Simply continuing to refer to the decreases approved by Congress in 2001 and 2003 as the "Bush tax cuts for the wealthy" shows the administration's bias. They want to fan the flames of class envy. Last national election, they had great success with this strategy, and they think we voters will still be mad about all those breaks BUSH gave to all those RICH people and EVIL corporations! But we got smart since 2008, and the administration hasn't caught on. They've dismissed the vast awakening of independent voters as nothing more than the torch-and-pitchfork rantings of "racist tea-baggers."

Goolsby isn't alone. House Speaker Nancy Pelosi claimed a day or so ago that pouring more money into the food stamp entitlement program has been declared by "economists" to be the "best bang for your buck" in stimulating the economy and creating jobs. Really? The guy who used to have her job, Newt Gingrich, claims the coming election is going to be between a Democrat "party of food stamps" and a GOP "party of paychecks" - and Ms. Pelosi is making him look brilliant. And President Obama just gave a speech moments ago in which he claimed he would not extend tax cuts for the "wealthy who don't need them." In other words, capitalists and investors need to be taxed, and taxed good... even though all of us who have jobs depend upon capital and investment. So rather than listening-up to the loud and growing voice of the people, the president and his advisors keep doubling down, pressing the accelerator down, and trying to shout us down.

In twenty-five days, they will pay the price for this stunning combination of arrogance and ignorance.

It's funny, because these are smart guys. Wasn't Barack Obama supposed to be the smartest guy ever to sit behind the desk in the Oval Office? It's starting to look like I was right when I said that George W. Bush always managed to look stupid when he said smart things, while Obama is consistently able to look smart when he says stupid things.

I miss that big-ol' dummy, W.

I'm afraid I believe the truth is that these ARE smart guys and women in the administration, and that they know exactly what they're doing. They don't want the government to have more revenue; they want to collapse the free market system so that the government can have more control over Americans. They want to be able to declare the death of free enterprise, and finally push us over the goal-line of statism/socialism. It's been their patient objective since the late 19th century.

It might sound like dark, crazy conspiracy talk... but how else can you explain why clearly-smart people would drive our national debt up to a level higher than all 43 previous administrations combined? What else could be the meaning of tax increases in a deep recession, when they must know those increases will take money out of the federal coffers? What else can you make of their legislative agenda to take over every industry from cars to health care to the very energy that drives the entire economy?

Look up professors Cloward and Piven. Read about their proposals to "overwhelm" and collapse the system so that it could be replaced by a new system. Read about their ideas of "hope," and "change," and "radically transforming" America. And judge for yourself whether the current administration isn't running the game by the very same play book.

Meanwhile, here's where real hope can be found: take bold personal action to increase your independence from government. Get entrepreneurial - start a business with a low investment as a hedge against the coming storm of unemployment. Get healthy - exercise, eat right, take your vitamins - as a hedge against the possible gradual disappearance of quality health care. Get smarter - educate yourself about the global conspiracy against your wealth - as a hedge against the big-brother-like indoctrination which continues to flow from the government and its friends in the infotainment industry. And finally, get involved - register to vote and try to find candidates to send to Washington who will work to reverse this damage. If they aren't running, draft good people to run. If you can't, think about running for office yourself.

We can't wait for things to get better on their own. We have to take matters into our own hands, which is what Americans have always done. We have a lot of work to do, but it isn't over. Not yet.