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Chronicle of the Conspiracy
Join us as we discover, document, expose and challenge the bad people, the bad institutions and the bad ideas that stand in the way of wealth creation -- and show you how to fight back!
WAS OBAMA A GREEDY "SPECULATOR"?
I mean, before he became a greedy "president"? Jim Glass thinks so, observing that he financed his lifestyle beyond his means by repeatedly borrowing against his home.
Posted by Donald L. Luskin at 7:29 AM |
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OH YEAH?
 Thanks to "Zoogler."
Posted by Donald L. Luskin at 8:38 PM |
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JACK KEMP, RIP
The great supply-sider, in his own words, from a collection on this morning's Wall Street Journal editorial page:Obama and Economic Opportunity
April 17, 2008
In my opinion, people of all colors and income levels don't hate the rich. They want to get rich. They're more interested in generating wealth than they are in redistributing wealth. They want to own property, educate their children and build a nest egg that can be passed on to their heirs. Unfortunately, some aren't able to access the same ladder of opportunity that is so readily available to the majority. . . .
By giving people access to capital and allowing them to take ownership of assets, entrepreneurship will be encouraged and the cycle of poverty can begin to be broken. All persons should have the opportunity to go as high as their merit and determination can carry them. My favorite quote is from Abraham Lincoln, who said, "I don't believe in a law to prevent a man from getting rich; it would do more harm than good. So while we do not propose any war upon capital, we do wish to allow the humblest man an equal chance to get rich with everybody else."
Lincoln's definition of entrepreneurial capitalism is the best I have ever heard.
Posted by Donald L. Luskin at 8:19 AM |
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