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BECAUSE HE CREATES SO MANY OF THEM!

"...The Census Bureau reports that America suffers with more people in poverty now than ever before in its history of reporting on poverty -- 44 million. That's up nearly 4 million in the last year alone, with the poverty rate shooting up to 14.3%. One in seven Americans now suffers in poverty...."

http://spectator.org/archives/2010/09/2 ... ruling-cla" onclick="window.open(this.href);return false;

Rasmussen ... "finds that 43% of Adults agree that free-market capitalism is the best anti-poverty program in the world. Thirty percent (30%) disagree, but another 27% aren’t sure. ... Seventy-five percent (75%) of all Likely Voters prefer free markets over a government managed economy ... 69% of the Political Class believe that government programs reduce poverty. Most (56%) of those in the Mainstream think government programs actually increase the amount of poverty in the United States...."

http://www.rasmussenreports.com/public_ ... ty_program" onclick="window.open(this.href);return false;

Got this e-mail today...


An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.

That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".

All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A...

After the first test, the grades were averaged and everyone got a B.

The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that. (Please pass this on)

Remember, there is a test coming up....

in November 2010!

I would have liked to of seen "Hard Work" on that list. I know that goes along the lines of free market, but without hard work, a free market doesn't work either.

GrizFanStuckInUtah wrote:I would have liked to of seen "Hard Work" on that list. I know that goes along the lines of free market, but without hard work, a free market doesn't work either.

The free market works well for those who choose to work.

About the same as Bono

---
Bono's ONE foundation under fire for giving little over 1% of funds to charity
Thursday, September 23, 2010 11:14:36 AM · by kcvl ·
http://www.dailymail.co.uk/news/article-1314543/" onclick="window.open(this.href);return false;



Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy. The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1m went towards paying salaries. The revelations come at an embarrassing time for the Irish rock legend, who is New York this week lobbying governments at the UN's Millenium Goals summit to do more...

Bronco wrote:About the same as Bono

---
Bono's ONE foundation under fire for giving little over 1% of funds to charity
Thursday, September 23, 2010 11:14:36 AM · by kcvl ·
http://www.dailymail.co.uk/news/article-1314543/" onclick="window.open(this.href);return false;



Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy. The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1m went towards paying salaries. The revelations come at an embarrassing time for the Irish rock legend, who is New York this week lobbying governments at the UN's Millenium Goals summit to do more...

GrizFanStuckInUtah wrote:I would have liked to of seen "Hard Work" on that list. I know that goes along the lines of free market, but without hard work, a free market doesn't work either.

I Would rather say Smart Work. I know a lot of people who work hard for over 30 years and don have anything to show for it.

native wrote:

GrizFanStuckInUtah wrote:I would have liked to of seen "Hard Work" on that list. I know that goes along the lines of free market, but without hard work, a free market doesn't work either.

The free market works well for those who choose to work.

Why then has worker productivity increased while wages have remained stagnant over the last 30 years?

kalm wrote:

native wrote:


The free market works well for those who choose to work.

Why then has worker productivity increased while wages have remained stagnant over the last 30 years?

One word - technology

GrizFanStuckInUtah wrote:

kalm wrote:
Why then has worker productivity increased while wages have remained stagnant over the last 30 years?

One word - technology

Three words - two income households.

native wrote:Rasmussen ... "finds that 43% of Adults agree that free-market capitalism is the best anti-poverty program in the world. Thirty percent (30%) disagree, but another 27% aren’t sure. ... Seventy-five percent (75%) of all Likely Voters prefer free markets over a government managed economy ... 69% of the Political Class believe that government programs reduce poverty. Most (56%) of those in the Mainstream think government programs actually increase the amount of poverty in the United States...."

http://www.rasmussenreports.com/public_ ... ty_program" onclick="window.open(this.href);return false;

Yet apparently, Americans also have a socialistic streak:

Americans Vastly Underestimate Wealth Inequality, Support 'More Equal Distribution Of Wealth': Study
First Posted: 09-23-10 02:23 PM | Updated: 09-23-10 08:44 PM

Americans vastly underestimate the degree of wealth inequality in America, and we believe that the distribution should be far more equitable than it actually is, according to a new study.

Or, as the study's authors put it: "All demographic groups -- even those not usually associated with wealth redistribution such as Republicans and the wealthy -- desired a more equal distribution of wealth than the status quo."

The report (pdf) "Building a Better America -- One Wealth Quintile At A Time" by Dan Ariely of Duke University and Michael I. Norton of Harvard Business School (hat tip to Paul Kedrosky), shows that across ideological, economic and gender groups, Americans thought the richest 20 percent of our society controlled about 59 percent of the wealth, while the real number is closer to 84 percent.

More interesting than that, the report says, is that the respondents (a randomly selected 5,522-person sample, reflecting the country's ideological, economic and gender demographics, surveyed in December 2005) believed the top 20 percent should own only 32 percent of the wealth. Respondents with incomes over $100,000 per year had similar answers to those making less than $50,000. (The report has helpful, multi-colored charts.)

The respondents were presented with unlabeled pie charts representing the wealth distributions of the U.S., where the richest 20 percent controlled about 84 percent of wealth, and Sweden, where the top 20 percent only controlled 36 percent of wealth. Without knowing which country they were picking, 92 percent of respondents said they'd rather live in a country with Sweden's wealth distribution.

As the new Forbes billionaires list, released Wednesday, testifies, the richest Americans are getting richer, even as the country as a whole gets poorer. After 2005 income inequality continued to balloon.

http://www.huffingtonpost.com/2010/09/2 ... 36132.html" onclick="window.open(this.href);return false;