Random Thoughts

Parents encouraged their kids to borrow ridiculous amounts of money in order to pay exorbitantly high tuition fees for college, but when it comes time to start paying it back the kids decided to be mad at the banks! Makes total sense - who would have ever thought they would have to pay back borrowed money?

Next week: Occupy Wall Street protesters get angry about having to pay for internet, healthcare, college, food, iPads, computers, gas, cars, houses, shoes, jewelry, TVs, etc. You know, just the basic stuff everyone is entitled to.

Quote

Whether the particular issue is housing, medical care or anything in between, the agenda of the left is to take the decision out of the hands of those directly involved and transfer that decision to third parties, who pay no price for making decisions that turn out to be counterproductive.

- Thomas Sowell 

Another Example of the Marxist in the White House

Here we have yet another example of Obama showing just how much of an anti-capitalist he really is.

During his interview with George Stephanoupolos, when asked about the new bank fees being implemented, the Marxist-In-Chief said the following:

“You don’t have some inherent right just to– you know, get a certain amount of profit.

Excuse me?!  Actually, Mr. President, you nimrod, companies exist for that very reason, to make a profit! And not you, nor the government has any right to try and dictate how much they can make.

Full transcript of the interview

Tuesday's Quote

"Two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft. When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do -- redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God. ...

No human should be coerced by the state to bear the medical expense, or any other expense, for his fellow man. In other words, the forcible use of one person to serve the purposes of another is morally offensive. ... 

One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one's fellow man, as it has throughout most of human history, but by serving and pleasing him."

- Walter Williams