Friday, September 9, 2011

Are we there yet ??

Sadly we are on a course that will end badly. The path to Socialism started with FDR. When he finished with "tax the rich" the top tax rate was 90%. He started Fannie Mae. The next boost to big government came from LBJ and his "Great Society" expansion of government. He was going to war on poverty and end it in America.  Carter expanded government, started Freddie Mac, and started the  CRA or Housing and Community Development Act of 1977  Obama used the sub prime melt down to expand government  like his idol, FDR. He has completed the transformation of America from a nation of makers to a nation of takers.  http://online.wsj.com/article/SB10001424052748704050204576219073867182108.html 

We have now reached the tipping point.  http://www.investors.com/NewsAndAnalysis/Article/583404/201108311836/Ratio-Of-Takers-To-Givers-Reaches-A-Tipping-Point.aspx

We have a big government nanny state policy. A policy that breeds poverty : http://www.investors.com/NewsAndAnalysis/Article/547573/201009171141/Policy-Of-Poverty.aspx

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