Democrats Looking to Seize Your 401(k)

2008-10-26

It looks like powerful House Democrats are looking to seize people’s 401(k) retirement money.

I always had the feeling when the Roth IRA’s came out that the thieving SOBs in Washington wouldn’t be able to keep their hands off of the money that people earn. This is a complete betrayal of trust as the Democrats systematically seize money from people who had the audacity to plan, work hard, and save for their futures. And to top it off, the news media in their role as Democrat cheerleaders are going to spin the theft as a good thing.

You have to wonder if the Democrats want everyone living in cardboard boxes when they retire. Not only are they thinking of seizing our 401(k) retirement, but look at the wonderful things that the Democrats did to destroy Social Security:

  • Franklin Roosevelt created Social Security promising:
    • Participation would be voluntary (yeah, right)
    • Participants would only have to pay 1% of the first $1,400 of their annual income.
    • Money put into the program would be tax deductible.
    • The money would be put into an independent “Trust Fund”.
    • The annuities would never be taxed as income.
  • Lyndon Johnson and the Democrats destroyed the special “Trust Fund”, putting the monies into the general fund so that Congress could spend it.
  • The Democrats destroyed the tax deduction for Social Security withholdings.
  • Jimmy Carter and the Democrats started giving Social Security payments to immigrants (even if they wouldn’t have qualified due to not paying into the system), further undermining the economic foundation of the system.
  • Al Gore cast the deciding vote to allow the Democrats to start taxing Social Security annuities.

If it weren’t for the pure advocacy position of “journalists” then the Democrats would be run out of office as the destroyers of Social Security and people’s private retirement plans.


The Credit Melt Down and an Honest Columnist

2008-10-25

It looks like there is finally an honest newspaper columnist — and a Democrat to boot — regarding the credit / housing melt down. Orson Scott Card, a newspaper columnist and a Democrat lays out the history of the current economic disaster and makes it clear who is to blame — and ultimately the blame belongs with the Democrats and with Barack Obama.

The salient points that Mr. Card makes include:

  • Under Clinton (1990s) Fannie Mae and Freddie Mac were authorized to approve risky loans for [Democrat] political purposes.
  • The Republicans tried to tighten regulation to prevent the disaster, but the Democrats were able to block such efforts.
  • Freddie and Fannie — while receiving government funds as quasi-governmental agencies — were donating big time to those who were able to funnel money their way (and Barack Obama was one of the largest recipients).
  • Alan Greenspan tried to warn congress.
  • Bush’s Treasury Secretary tried to warn congress.
  • Nancy Pelosi and the Democrats [falsely] accused the Bush administration of causing the problem and the news media repeats the lie and damns the Republicans for objecting to the lie.

I was taught while growing up that the news media and free press were there to protect us from government tyranny. Unfortunately, the established news outlets have abdicated their role as objective reporters of the truth and have taken on the mantel of advocacy, even if they have to lie to do it.

It’s no wonder that the term journalist is a slur and they are even less respected than lawyers.


Book Review: Science of Discworld III: Darwin’s Watch

2008-10-25

If you’re looking for preachy evangelical atheism, this book is for you. When I grab a Terry Pratchett book, I expect an multi-level fantasy escape – something that can be read for pure enjoyment on one level and have interesting commentary on the human condition on another level. I really don’t want to be preached at by someone trying to show how their world view is right and everyone else is a nut job.

Unfortunately, the hammer beating for evangelical atheism is not disguised under an amusing story that is pleasant to read. The disc world characters are are ancillary and appear to be thrown in as an after thought.

I note that there are three authors and I am willing to bet that one can pick out which pieces were written by Terry Pratchett and which pieces were written by people who don’t appear to be able to soft sell their position (to be fair, I’ve never heard of Jack Cohen or Ian Stewart before, but after this book I’ll only pay attention to them to avoid their writings).

To be clear, I personally want my pharmaceutical research scientist to have a firm grasp of genetics, mutations, microbiology, and the evolutionary process. However, I completely fail to see the value of ensuring that the Wal-Mart greeter professes a belief or understanding of evolutionary atheism.

If those of us with a scientific bent were honest and examined the implications of a complete acceptance of the evolutionary atheistic position, we would realize that there are basically two rational positions that a person could hold: the vegan starving under the tree for the fruit to fall before they will eat it because all genetic material is of equal value or the national socialist’s practicing active eugenics to ensure that their genetic material is given preferential treatment. Neither of these positions would create a society that I would want to live in.

Bottom line, if you are looking for heavy handed preaching for evolutionary atheism this is the book for you. If you’re looking for one of Terry Pratchett’s wonderful disc world novels, keep looking.