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<!--Generated by Squarespace Site Server v5.11.81 (http://www.squarespace.com/) on Mon, 28 May 2012 18:37:02 GMT--><feed xmlns="http://www.w3.org/2005/Atom" xmlns:dc="http://purl.org/dc/elements/1.1/"><title>Don't Spread My Wealth</title><subtitle>Don't Spread My Wealth</subtitle><id>http://www.dontspreadmywealth.com/daily/</id><link rel="alternate" type="application/xhtml+xml" href="http://www.dontspreadmywealth.com/daily/"/><link rel="self" type="application/atom+xml" href="http://www.dontspreadmywealth.com/daily/atom.xml"/><updated>2012-05-25T13:15:42Z</updated><generator uri="http://www.squarespace.com/" version="Squarespace Site Server v5.11.81 (http://www.squarespace.com/)">Squarespace</generator><entry><title>Vulture Capitalism? Try Obama's Version</title><id>http://www.dontspreadmywealth.com/daily/2012/5/25/vulture-capitalism-try-obamas-version.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/5/25/vulture-capitalism-try-obamas-version.html"/><author><name>DSMW Editor</name></author><published>2012-05-25T12:58:33Z</published><updated>2012-05-25T12:58:33Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 340px;" src="http://www.dontspreadmywealth.com/storage/Obama-CFK.jpg?__SQUARESPACE_CACHEVERSION=1337951693693" alt="" /></span></span>President Obama is no fan of Mitt Romney-style "vulture" capitalism. So what's his alternative?</p>
<p>All those Republicans grousing about the president's attacks on private equity might instead be seizing on this beautiful point of contrast. Mr. Obama, after all, is no mere mortal president. Even as he's been busy with the day job, he's found time to moonlight as CEO-in-Chief of half the nation's industry. Detroit, the energy sector, health care&mdash;he's all over these guys like a cheap spreadsheet.</p>
<p><a href="http://online.wsj.com/article/SB10001424052702304840904577424583779000656.html">Like Mr. Romney, Mr. Obama has presided over bankruptcies, layoffs, lost pensions, run-ups in debt. Yet unlike Mr. Romney, Mr. Obama's ...</a></p>
<p>Once again Kimberly Strassel is worth ponying up your email address for the Journal's 8 week free giveaway. You will never look back on the small change invested if you wish to continue your conservation reading. If the cash is a hardship, we will charge it to us. Just furnish us your email address in the comment section of this article and consider it a done deal. - <strong>DSMW&nbsp;</strong></p>]]></content></entry><entry><title>How The Recovery Went Wrong</title><id>http://www.dontspreadmywealth.com/daily/2012/5/23/how-the-recovery-went-wrong.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/5/23/how-the-recovery-went-wrong.html"/><author><name>DSMW Editor</name></author><published>2012-05-23T12:38:51Z</published><updated>2012-05-23T12:38:51Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 200px;" src="http://www.dontspreadmywealth.com/storage/lola-goes-hand-jobless.jpg?__SQUARESPACE_CACHEVERSION=1337777317045" alt="" /></span></span>President Obama, in speech after speech, proudly makes the following point: Although we inherited the worst recession since the Great Depression, we have generated net new jobs every month, and while we need to do more, we are going in the right direction.</p>
<p>Of course, recoveries always go in the right direction&mdash;that is, things get better over time. But merely going in the right direction is an incredibly low performance standard. Moreover, since deep recessions are generally followed by more robust recoveries, this should have been one of the strongest recoveries ever.</p>
<p><a href="http://online.wsj.com/article/SB10001424052702304019404577418311631098508.html?mod=WSJ_Opinion_LEADTop">So what went wrong?&nbsp;Harvey Golub - Wall Street Journal - Click To Read More...</a></p>
<p><em>Mr. Golub, a former chairman and CEO of American Express, is the chairman of Miller Buckfire and serves on the executive committee of the American Enterprise Institute.</em></p>]]></content></entry><entry><title>America and the Value of 'Earned Success'</title><id>http://www.dontspreadmywealth.com/daily/2012/5/9/america-and-the-value-of-earned-success.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/5/9/america-and-the-value-of-earned-success.html"/><author><name>DSMW Editor</name></author><published>2012-05-09T12:52:11Z</published><updated>2012-05-09T12:52:11Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/p.jpg?__SQUARESPACE_CACHEVERSION=1336570047475" alt="" /></span></span>I learned to appreciate the American free enterprise system by quitting a job in Spain.</p>
<p>At age 19, I dropped out of school to pursue a career as a French horn player. After a few twists and turns, I wound up in the Barcelona Symphony, which was a Spanish government job.</p>
<p><a href="http://online.wsj.com/article/SB10001424052702304749904577385650652966894.html">Even as a foreigner, I had the same lifetime work status as a clerk at the water department. Nobody ever left these jobs, except with lavish disability packages. (One colleague who injured his lips moonlighting at a dance-hall gig ended up spending the next 20 years collecting a full salary to stay home.)</a></p>
<p>I loved music&mdash;but the life of a government functionary wasn't my cup of tea. And so my Spanish wife and I decided to pull up stakes and start over in America. Neither of us had a college degree, and my wife's English was limited. Arthur C. Brooks - Wall Street Journal -<a href="http://online.wsj.com/article/SB10001424052702304749904577385650652966894.html"> Click To Read More</a></p>
<div class="articlePage">
<p><em><a href="http://arthurbrooks.aei.org/">Mr. Brooks is president of the American Enterprise Institute and author of "The Road to Freedom: How to Win the Fight for Free Enterprise," published this week by Basic Books.</a></em></p>
</div>]]></content></entry><entry><title>And So Goes France...</title><id>http://www.dontspreadmywealth.com/daily/2012/5/7/and-so-goes-france.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/5/7/and-so-goes-france.html"/><author><name>DSMW Editor</name></author><published>2012-05-07T12:44:38Z</published><updated>2012-05-07T12:44:38Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/a2012-04-19t114209z_19606964.jpg?__SQUARESPACE_CACHEVERSION=1336401132888" alt="" /></span></span>"Each country has a soul and France's soul is equality." Francois Hollande</p>
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<p><a href="http://www.guardian.co.uk/news/datablog/2012/may/07/france-election-results-list">Francois Hollande in a 51.7% win over the incumbent Nicolas Sarkozy </a>has been elected President of France proving once again the French Revolution is alive and well.</p>
<p>Running on a Socialist platform of raising the top tax bracket to 75% for people earning more than 1 million a year from 44%, Mr Hollande has shown that his party's view of equality is somewhat one sided. <a href="http://www.reuters.com/article/2012/05/06/us-france-election-projections-idUSBRE8450AR20120506">In a country where the unemployment rate is 62.8% and the debt to GDP ratio has risen from 59% a decade ago to 90% this year, the French have shown to themselves and the world that the financial stability of France simply does not matter and the bitter pill of austerity will not touch their lips.</a></p>
<p>Appeasing the French by a pledge to withdraw troops by the year end, Mr. Hollande also is promising to force banks to increase corporate taxes on lenders.</p>
<p><a href="http://www.thestar.com/news/world/article/1174199--france-election-nicolas-sarkozy-undone-by-personal-style-lacklustre-economy">Hollande's rival Nicolas Sarkozy was able to limp out of France's 2000 economic recession but left France saddled with debt. </a>Sarkozy reliance on government debt, bank and industry intervention and preserving the country's generous social welfare system will only be enhanced under Hollande's tenure.</p>
<p>The French chose Mr. Hollande amid an election fueled by concerns over national sovereignty. He is the first Socialist in 17 years to win a mandate to <a href="http://www.cnn.com/2012/05/07/world/europe/france-election/index.html">challenge Germany's Angela Merkel and the European Central Bank's ideas to impose spending cuts to repair indebted European countries.</a></p>]]></content></entry><entry><title>La Bonne France; An Impossible Election</title><category term="Elections"/><category term="Hollande"/><category term="Le Pen"/><category term="Sharkozy"/><category term="World Politics"/><id>http://www.dontspreadmywealth.com/daily/2012/4/26/la-bonne-france-an-impossible-election.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/26/la-bonne-france-an-impossible-election.html"/><author><name>DSMW Editor</name></author><published>2012-04-26T14:50:17Z</published><updated>2012-04-26T14:50:17Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 310px;" src="http://www.dontspreadmywealth.com/storage/france.jpg?__SQUARESPACE_CACHEVERSION=1335455578982" alt="" /></span></span>And how will France get out of its debts? Not through a more productive private sector and a more frugal public one, but in a flood of ever-cheaper currency, courtesy of a pliant ECB.&nbsp;That's something on which both Mr. Sarkozy and Mr. Hollande firmly agree. Inflation is the windy updraft the falling man often mistakes as a force more powerful than gravity.- Bret Stephens</p>
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<p><a href="http://online.wsj.com/article/global_view.html">If you are following Sarkozy, Mr. Hollande and Marine Le Pen in France's Sunday election, you have become aware of of the electoral menu of quasi-fascism, quasi-Marxism, soft socialism and the bouillabaisse ideology of a failed and desperate country.</a>&nbsp;</p>
<p>The unemployment rate in France is 62.8% and the debt to GDP ratio has risen from 59% a decade ago to 90% this year.<a href="http://www.reuters.com/article/2012/04/25/us-france-election-idUSBRE83I0EZ20120425"> It spends more than any other developed country (28.4%) of it's GDP on welfare payments. Think of innovation? </a>The last thing on France 's mind is producing a climate where a Steve Jobs or Mark Zukerberg could flourish.</p>
<p><a href="http://www.telegraph.co.uk/news/worldnews/europe/france/9228124/France-elections-2012-Marine-Le-Pen-leaves-door-open-for-Nicolas-Sarkozy.html">Will the confused French voters turn out for this election</a>? Possibly not. With too many choices it may simply become a C'est la vie moment.</p>]]></content></entry><entry><title>California Dreaming. Will The Last Person To Leave Turn off The Lights?</title><category term="Demographics"/><category term="US Politics"/><id>http://www.dontspreadmywealth.com/daily/2012/4/22/california-dreaming-will-the-last-person-to-leave-turn-off-t.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/22/california-dreaming-will-the-last-person-to-leave-turn-off-t.html"/><author><name>DSMW Editor</name></author><published>2012-04-22T12:51:52Z</published><updated>2012-04-22T12:51:52Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 330px;" src="http://www.dontspreadmywealth.com/storage/hotel-california.jpg?__SQUARESPACE_CACHEVERSION=1335100842819" alt="" /></span></span><a href="http://online.wsj.com/article/SB10001424052702304444604577340531861056966.html">"It's "a very scary political dynamic. One day somebody's going to put on the ballot, let's take every penny over $100,000 a year, and you'll get it through because there's no real restraint. What you've done by exempting people from paying taxes is that they feel no responsibility. That's certainly a big part of it.</a></p>
</blockquote>
<p>Joel Kotkin, leading U.S. demographer and U.C. Berkeley graduate, goes on to say; "these upwardly mobile families are fleeing in droves. As a result, California is turning into a two-and-a-half-class society. On top are the "entrenched incumbents" who inherited their wealth or came to California early and made their money. Then there's a shrunken middle class of public employees and, miles below, a permanent welfare class. As it stands today, about 40% of Californians don't pay any income tax and a quarter are on Medicaid.</p>
<p>If you care at all about what has happened to the predictable outcome of California read <a href="http://www.dontspreadmywealth.com/daily/2011/1/30/two-californias.html">Victor David Hanson's great piece "Two Californias."</a></p>]]></content></entry><entry><title>Taxing the rich: Not as easy as it sounds</title><category term="1 percent"/><category term="Transfer of wealth"/><category term="US Politics"/><category term="World Politics"/><category term="exemption"/><id>http://www.dontspreadmywealth.com/daily/2012/4/21/taxing-the-rich-not-as-easy-as-it-sounds.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/21/taxing-the-rich-not-as-easy-as-it-sounds.html"/><author><name>DSMW Editor</name></author><published>2012-04-21T19:39:18Z</published><updated>2012-04-21T19:39:18Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/FeaturedImage.jpeg?__SQUARESPACE_CACHEVERSION=1335038215180" alt="" /></span></span>Announced in 2008 and implemented in fiscal 2010-2011, the British government imposed a substantially higher&nbsp;<a id="itxthook0" class="itxthook itxtrsta itxtrst" rel="nofollow" href="http://www.theglobeandmail.com/report-on-business/commentary/neil-reynolds/taxing-the-rich-not-as-easy-as-it-sounds/article2405189/#"><span id="itxthook0w0" class="itxthookspan itxtrstspan itxtrst">marginal</span><span id="itxthook0w1" class="itxthookspan itxtrstspan itxtrst">&nbsp;</span><span id="itxthook0w2" class="itxthookspan itxtrstspan itxtrst">tax</span><span id="itxthook0w3" class="itxthookspan itxtrstspan itxtrst">&nbsp;</span><span id="itxthook0w4" class="itxthookspan itxtrstspan itxtrst">rate</span></a>&nbsp;on the country&rsquo;s top 1 per cent of income earners, raising the rate from 40 per cent to 50 per cent, and simultaneously revoking the personal exemption traditionally granted to all taxpayers.</p>
<p>The London-based Institute for Fiscal Studies, an independent research organization, calculated that the higher rate was originally expected to transfer &pound;3-billion ($4.7-billion) from the top 1 per cent to the bottom 99 per cent. It didn&rsquo;t come close.<a href="http://www.theglobeandmail.com/report-on-business/commentary/neil-reynolds/taxing-the-rich-not-as-easy-as-it-sounds/article2405189/"> Neil Reynolds - The Globe And Mail - Click To Read More...</a></p>
<p>Ahh... The arrogance of government. Mr Reynolds goes on to say,</p>
<blockquote>
<p>The British experience suggests that, when&nbsp;<a id="itxthook1" class="itxthook itxtrsta itxtrst" rel="nofollow" href="http://www.theglobeandmail.com/report-on-business/commentary/neil-reynolds/taxing-the-rich-not-as-easy-as-it-sounds/article2405189/#"><span id="itxthook1w0" class="itxthookspan itxtrstspan itxtrst">marginal</span><span id="itxthook1w1" class="itxthookspan itxtrstspan itxtrst">&nbsp;</span><span id="itxthook1w2" class="itxthookspan itxtrstspan itxtrst">tax</span><span id="itxthook1w3" class="itxthookspan itxtrstspan itxtrst">&nbsp;</span><span id="itxthook1w4" class="itxthookspan itxtrstspan itxtrst">rates</span></a>&nbsp;hit 50 per cent, people find ways not to pay.</p>
</blockquote>
<p>Yeah, by not working. A recent study done suggest that 50% is about all the government can hope to get from the taxpayer. It's all very cynical and it's not like the government is keeping a real tab on things. - <strong>DSMW</strong></p>]]></content></entry><entry><title>Think Of QE3 As Your Friend</title><category term="Financial"/><category term="QE3"/><category term="US Politics"/><category term="fiscal policy"/><id>http://www.dontspreadmywealth.com/daily/2012/4/13/think-of-qe3-as-your-friend.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/13/think-of-qe3-as-your-friend.html"/><author><name>DSMW Editor</name></author><published>2012-04-13T13:04:43Z</published><updated>2012-04-13T13:04:43Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 300px;" src="http://www.dontspreadmywealth.com/storage/inflation_1787753c.jpg?__SQUARESPACE_CACHEVERSION=1334324880311" alt="" /></span></span>Inflation, not artful government policy, will pull us out of the financial hole we are in. When Bernanke speaks of a new QE3 don't flinch. It's really the only way out and the Fed knows it. When debt is the issue, massive debt, the kind that has been accumulated over the last two administrations kind of debt, taxing the rich and trimming the budget just doesn't cover the shortfall.</p>
<blockquote>
<p>The Fed is not waiting for the rest of government to develop a fiscal policy that can restore financial sanity. Bernanke is expanding monetary policy in an effort to get the nation&rsquo;s finances at the federal, state and local levels back into balance with expected revenues, including trillions in unfunded entitlements and mandates. Because of the sheer magnitude of this task and a lack of political will to do so, it&rsquo;s unlikely this can be accomplished through growth and cost-&shy;cutting. So the Fed has settled upon inflation as the remedy.</p>
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<blockquote>
<p><a href="http://www.forbes.com/forbes/2012/0423/investing-federal-reserve-policy-ben-bernanke-artful-dodger.html">Inflation is well-known for its long-term corrosive effects, but few ever speak of inflation&rsquo;s short-term benefits. Inflation robs from those with wealth to benefit those with massive debts, such as Uncle Sam and states like California, New York and Illinois.</a></p>
</blockquote>
<p>Inflation is really a necessary evil and it will come as night follows day. So disregard what Ron Paul says and go out and buy some cheap property to rent, investigate some inexpensive stable ETFs and at a minimum buy that painting you have had you eye on.&nbsp;</p>]]></content></entry><entry><title>Kennedy's Grace Under Fire: One Story From The Supreme Court</title><id>http://www.dontspreadmywealth.com/daily/2012/4/9/kennedys-grace-under-fire-one-story-from-the-supreme-court.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/9/kennedys-grace-under-fire-one-story-from-the-supreme-court.html"/><author><name>DSMW Editor</name></author><published>2012-04-09T20:24:39Z</published><updated>2012-04-09T20:24:39Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 310px;" src="http://www.dontspreadmywealth.com/storage/kennedy-69-john-f-kennedy-0110-lg.jpg?__SQUARESPACE_CACHEVERSION=1334005165266" alt="" /></span></span>It was vaguely menacing, and it garnered broad criticism. In the press it was characterized as a "brushback"&mdash;when a pitcher throws the ball close to a batter's head to rattle him, to remind him he can be hurt. <a href="http://online.wsj.com/article/declarations.html">Peggy Noonan's remarks about Obama's veiled treats to the Supreme Court on their upcoming healthcare decision.</a></p>
</blockquote>
<p>If you do not subscribe to the Wall Street Journal, Peggy Noonan's Op-Ed piece on how Kennedy handled a Supreme Court decision is worth giving them your e-mail address for a free subscription.<a href="https://services.wsj.com/Gryphon/jsp/retentionController.jsp?page=581"> If you give us your e-mail address, we will buy a 6 month subscription to the Journal for you.</a></p>
<p>John Kennedy, when handed a decision from the Supreme Court regarding the sensitive subject of denying prayer in school, explained that the American people would now have to "pray at home." Kennedy, at that moment, expressed to all Americans the intelligence, grace and respect for the judicial system these few well crafted words brought. It elevated him in the eyes and hearts of Americans everywhere. - <strong>DSMW</strong></p>]]></content></entry><entry><title>Wait And See How Flexible Obama Will Be</title><id>http://www.dontspreadmywealth.com/daily/2012/4/9/wait-and-see-how-flexible-obama-will-be.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/4/9/wait-and-see-how-flexible-obama-will-be.html"/><author><name>DSMW Editor</name></author><published>2012-04-09T14:33:03Z</published><updated>2012-04-09T14:33:03Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 290px;" src="http://www.dontspreadmywealth.com/storage/obama-godfather-mobster-mafia1.jpg.bmp?__SQUARESPACE_CACHEVERSION=1334001852568" alt="" /></span></span>As Bob Hope and Bing Crosby observed in "The Road To Bali":</p>
<p><em>"He gets his shirts straight from Paris</em></p>
<p><em>Cigarettes from the Nile</em></p>
<p><em>He talks like a highbrow</em></p>
<p><em>But he plays Chicago style..."</em></p>
<p><em>I've no idea where President Barack Obama gets his shirts and smokes, but he certainly talks like a highbrow, sufficiently so to persuade presidential historian Michael Beschloss to pronounce him the day after the 2008 election "the smartest president ever." Yet, in the end, he plays Chicago style. You can take the community organizer out of Chicago, but you can't take the Chicago out of the community organizer. Or as the Agence France-Presse headline put it, "Combative Obama Warns Supreme Court On Health Law." <a href="http://www.ocregister.com/opinion/president-348106-obama-new.html">Mark Steyn - Orange County Register - Click To Read More...</a></em></p>]]></content></entry><entry><title>Barack Obama: Say Hello To My Little Friends</title><id>http://www.dontspreadmywealth.com/daily/2012/3/30/barack-obama-say-hello-to-my-little-friends.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/30/barack-obama-say-hello-to-my-little-friends.html"/><author><name>DSMW Editor</name></author><published>2012-03-30T14:41:51Z</published><updated>2012-03-30T14:41:51Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><iframe width="560" height="315" src="http://www.youtube.com/embed/amYkvP-4o9Q" frameborder="0" allowfullscreen></iframe></p>
<p>Socialism and the Democratic party have deep roots in this country. Spread the wealth under the guise of social programs is their platform. After listening to the Supreme Court last week fight for your rights as a citizen, do not forget this very simple fact, that there is a very real battle for your freedom going on. What you have you will not be entitled to keep if this President and his liberal administration have their way. - <strong>DSMW</strong></p>]]></content></entry><entry><title>The Republic, If We Can Keep It</title><id>http://www.dontspreadmywealth.com/daily/2012/3/29/the-republic-if-we-can-keep-it.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/29/the-republic-if-we-can-keep-it.html"/><author><name>DSMW Editor</name></author><published>2012-03-29T13:44:39Z</published><updated>2012-03-29T13:44:39Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 330px;" src="http://www.dontspreadmywealth.com/storage/revolution.jpg?__SQUARESPACE_CACHEVERSION=1333030702531" alt="" /></span></span>With its uninterrupted history of peaceful transition of power through elections, America has a multitude of citizens who justifiably feel pride in the strength of their democracy. &nbsp;But it cannot be denied that political tensions are rising, and it is not uncommon for occupants of the extreme end of both sides of the political spectrum to voice fears of (or hopes for) revolution.&nbsp; Is there any reason to believe that the republic is in danger of revolutionary activity?<a href="http://www.americanthinker.com/2012/03/the_republic_if_we_can_keep_it.html"> Michael Applebaum, MD - American Thinker - Click To Read More...</a><span><br /></span></p>]]></content></entry><entry><title>The ObamaCare Reckoning</title><id>http://www.dontspreadmywealth.com/daily/2012/3/29/the-obamacare-reckoning.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/29/the-obamacare-reckoning.html"/><author><name>DSMW Editor</name></author><published>2012-03-29T13:25:29Z</published><updated>2012-03-29T13:25:29Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/obama-ObamaCare-Time.jpg?__SQUARESPACE_CACHEVERSION=1333027888988" alt="" /></span></span>After the third and final day of Supreme Court scrutiny of the Affordable Care Act, the bravado of the legal establishment has turned to uncertainty and in some cases outright panic. Everyone who said the decision was an easy&nbsp;<em>fait accompli</em>&nbsp;has been proven wrong by a Court that has treated the constitutional questions that ObamaCare poses with the seriousness they deserve.</p>
<p>This reckoning has also been a marvelous public education. The oral arguments have detailed the multiple ways in which the individual mandate upsets the careful equilibrium of the American political system. The Obama Administration's arguments in favor of the mandate to buy health insurance or pay a penalty stand exposed as a demand for unlimited federal power. <a href="http://online.wsj.com/article/SB10001424052702303404704577309533293772806.html">Wall Street Journal - Click To Read More...</a></p>]]></content></entry><entry><title>The Big Hoax</title><id>http://www.dontspreadmywealth.com/daily/2012/3/15/the-big-hoax.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/15/the-big-hoax.html"/><author><name>DSMW Editor</name></author><published>2012-03-15T14:40:35Z</published><updated>2012-03-15T14:40:35Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/thomassowell.jpg?__SQUARESPACE_CACHEVERSION=1331824127158" alt="" /></span></span><a href="http://www.realclearpolitics.com/articles/2012/03/13/the_big_hoax_113456.html">Now Secretary Duncan and Attorney General Holder want to play the race card in an election year, at the expense of the education of black students. Make no mistake about it, the black students who go to school to get an education are the main victims of the classroom disrupters whom Duncan and Holder are trying to protect.</a>&nbsp;- Thomas Sowell</p>
</blockquote>
<p>There have been many frauds of historic proportions -- for example, the financial pyramid scheme for which Charles Ponzi was sent to prison in the 1920s, and for which Franklin D. Roosevelt was praised in the 1930s, when he called it Social Security. In our own times, Bernie Madoff's hoax has made headlines.</p>
<p>But the biggest hoax of the past two generations is still going strong -- namely, the hoax that statistical differences in outcomes for different groups are due to the way other people treat those groups.</p>
<p>The latest example of this hoax is the joint crusade of the Department of Education and the Department of Justice against schools that discipline black males more often than other students. According to Secretary of Education Arne Duncan, this disparity in punishment violates the "promise" of "equity."<a href="http://www.realclearpolitics.com/articles/2012/03/13/the_big_hoax_113456.html"> Real Clear Politics - Click To Read More...</a></p>
<p><a href="http://www.tsowell.com/">Thomas Sowell is a senior fellow at the Hoover Institution at Stanford University.</a></p>]]></content></entry><entry><title>Newt's Long and Sorry Road</title><id>http://www.dontspreadmywealth.com/daily/2012/3/14/newts-long-and-sorry-road.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/14/newts-long-and-sorry-road.html"/><author><name>DSMW Editor</name></author><published>2012-03-14T20:37:12Z</published><updated>2012-03-14T20:37:12Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/Gingrich_2012_030b6.jpg?__SQUARESPACE_CACHEVERSION=1331757855830" alt="" /></span></span>It would be interesting to see how Rick Santorum would do straight up against Mitt Romney. But we'll never know how this would work out as Newt Gingrich is pig-headedly insisting on staying in a race he has no prospect of winning.</p>
<p><span>A friend who is prone to conspiracy theories of all kinds suggested that Newt might be hanging in because he has a secret deal with Romney whereby Romney would put Newt in Romney's cabinet if he wins in November. "Follow the money," he counsels.</span></p>
<p><span>In Newt's case I would counsel to follow the psyche. A more likely explanation is that Newt is staying in out of spite and an acute case of self-centeredness that is impressive even for a politician<a href="http://spectator.org/blog/2012/03/14/newts-long-and-sorry-road"> Larry Thornberry - American Spectator - Click To Read More...</a></span></p>]]></content></entry><entry><title>-</title><id>http://www.dontspreadmywealth.com/daily/2012/3/13/1331682127554.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/13/1331682127554.html"/><author><name>DSMW Editor</name></author><published>2012-03-13T23:40:34Z</published><updated>2012-03-13T23:40:34Z</updated><content type="html" xml:lang="en-US"><![CDATA[<div class="headingsi">
<h1><span><span class="full-image-block ssNonEditable"><span><img src="http://www.dontspreadmywealth.com/storage/obama_approval_index_march_13_2012.jpg?__SQUARESPACE_CACHEVERSION=1331682070285" alt="" /></span></span></span></h1>
</div>]]></content></entry><entry><title>Presidential Approval Ratings -- Barack Obama</title><id>http://www.dontspreadmywealth.com/daily/2012/3/13/presidential-approval-ratings-barack-obama.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/13/presidential-approval-ratings-barack-obama.html"/><author><name>DSMW Editor</name></author><published>2012-03-13T23:28:48Z</published><updated>2012-03-13T23:28:48Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><a href="http://www.gallup.com/poll/113980/Gallup-Daily-Obama-Job-Approval.aspx">Barack Obama's Daily Job Approval Trend</a></p>
<p><a href="http://www.gallup.com/poll/121199/Obama-Weekly-Job-Approval-Demographic-Groups.aspx">Barack Obama's Job Approval Average by Subgroup</a></p>
<p><strong>GALLUP 2012</strong></p>]]></content></entry><entry><title>Obama’s Rating Falls as Poll Reflects Volatility</title><id>http://www.dontspreadmywealth.com/daily/2012/3/13/obamas-rating-falls-as-poll-reflects-volatility.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/13/obamas-rating-falls-as-poll-reflects-volatility.html"/><author><name>DSMW Editor</name></author><published>2012-03-13T23:04:04Z</published><updated>2012-03-13T23:04:04Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 350px;" src="http://www.dontspreadmywealth.com/storage/109009805_President_Obama_2.jpg?__SQUARESPACE_CACHEVERSION=1331680836894" alt="" /></span></span>Despite improving job growth and an extended Republican primary fight dividing his would-be opponents,&nbsp;President Obama&nbsp;is heading into the general election season on treacherous political ground, according to the latest New York Times/CBS News poll.</p>
<p>At a time of rising gas prices, heightened talk of war with Iran and setbacks in Afghanistan, Mr. Obama&rsquo;s approval rating dropped substantially in recent weeks, the poll found, with 41 percent of respondents expressing approval of the job he is doing and 47 percent saying they disapprove &mdash; a dangerous position for any incumbent seeking re-election.&nbsp;<a href="http://www.nytimes.com/2012/03/13/us/politics/obama-approval-rating-down-in-new-york-times-cbs-poll.html?_r=1&amp;ref=todayspaper">Jim Rutenberg - New York Times - Click To Read More...</a></p>]]></content></entry><entry><title>Sue Rush Linebaugh? Really?</title><id>http://www.dontspreadmywealth.com/daily/2012/3/13/sue-rush-linebaugh-really.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/13/sue-rush-linebaugh-really.html"/><author><name>DSMW Editor</name></author><published>2012-03-13T13:41:43Z</published><updated>2012-03-13T13:41:43Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/rush-limbaugh2.jpg?__SQUARESPACE_CACHEVERSION=1331654878621" alt="" /></span></span><a href="http://online.wsj.com/article/SB10001424052702304537904577277703463103794.html">Perhaps it is because the liberal view of religion and Republicans is so reflexively negative that they see no practical difference between those who oppose higher taxes and those who would chop off a woman's fingertips for wearing nail polish.</a> Whatever the reason, liberals continue to do so freely because they know the civility police will never be coming for them. William McGurn, columnist for the Wall Street Journal.</p>
</blockquote>
<p>I happened to be listening to Rush Linebaugh the now infamous day he spouted off about Sandra Fluke. I must say, as a women, I considered Rush's comments highly entertaining and good radio.&nbsp;</p>
<p>If Ms. Fluke finds if appropriate to take to a nation platform to discuss her need and others at Georgetown Law School for contraception to be paid by by taxpayer money <a href="http://online.wsj.com/article/SB10001424052970203370604577263281305035966.html?mod=WSJ_Opinion_LEADTop">she should not be so thin skinned.</a> As the taxpayer that will ultimately be paying for Ms. Fluke and her friends contraception, I want to know the details and form my own conclusions much like Rush did. But this is not what it's all about is it?</p>
<p>The Obama administration is low on ideas that will appeal to the national voter. The more the left stirs up superficial comments and<a href="http://www.huffingtonpost.com/2012/03/08/humana-lawsuit-concentra-rush-limbaugh-sandra-fluke_n_1332670.html"> take offense,</a> the more time is chewed up until the election. Birth control and women's rights are the only hot button quivers in Obama's arsenal. It's amusing to hear the likes of Bill Maher taking offense in Linebaugh's remarks when his own show is liberally peppered with slurs, snide and sexist remarks about everyone. It's patently absurd that Maher has his back up.</p>
<p>What the Democrats do not realize is the voters have made up their minds and have moved on. All the hubbub, the Flukes, the 99 Percenters, the Linebaugh lawsuits, unions and Acorn wont change the realty of the situation and that is the really important things we face as a country. The people who will show up at the polls this November won't be concerned about the entertainment static or even really birth control. My fear, as a voting American, and I feel a can speak for other Americans, is we are loosing this great country to a uncontrolled sprawling government who is taking my rights and your Liberty away. That's what this election is all about. Tell the left to stop wining. - <strong>DSMW</strong></p>]]></content></entry><entry><title>March Madness Is The Last Great Pure And Unifying Event In America</title><id>http://www.dontspreadmywealth.com/daily/2012/3/12/march-madness-is-the-last-great-pure-and-unifying-event-in-a.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/12/march-madness-is-the-last-great-pure-and-unifying-event-in-a.html"/><author><name>DSMW Editor</name></author><published>2012-03-13T00:09:55Z</published><updated>2012-03-13T00:09:55Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 290px;" src="http://www.dontspreadmywealth.com/storage/basketball_partii.jpg?__SQUARESPACE_CACHEVERSION=1331598135327" alt="" /></span></span>Sunday marked the official launch of<a title="March Madness" href="http://en.wikipedia.org/wiki/NCAA_Men%27s_Division_I_Basketball_Championship" target="_blank">March Madness</a>. I know this because I suddenly, instinctively suspended all urgent cares in order to ascertain which of the 345 Division I NCAA men&rsquo;s basketball programs made the<a title="weak field of 68 new york times" href="http://www.nytimes.com/2012/03/12/sports/ncaabasketball/2012-ncaa-mens-basketball-field-is-set.html?_r=1" target="_blank">watered down</a>&nbsp;tournament&nbsp;<a title="the Field of 68" href="http://www.cbssports.com/collegebasketball/blog/eye-on-college-basketball/17739059/from-1-68-ranking-the-ncaa-field" target="_blank">field of 68</a>. Over the course of the next three weeks, in a series of heart-stopping single-elimination games, these 68 teams will be whittled down to an eventual national champion.</p>
<p>If the previous paragraph makes no sense to you, I am very sorry, but I simply have no time to explicate. You see, by 9AM Thursday EST, my NCAA &ldquo;brackets&rdquo; must be &ldquo;filled out.&rdquo; A bracket is a game-by-game breakdown of who will win each tournament contest. Trying to explain the obsessive-compulsive attention I place on &ldquo;picking&rdquo; each bracket (a rigorous, esoteric, low-brow pseudo-science known as &ldquo;<a title="Bracketology" href="http://en.wikipedia.org/wiki/Bracketology" target="_blank">bracketology</a>&rdquo;) will only further sink my standing in the eyes of those who look to me as an evangelist for&nbsp;<a title="What Should Students Study Now" href="http://www.forbes.com/sites/jamesmarshallcrotty/2012/03/11/what-should-students-be-studying-now-to-prepare-for-10-years-from-now/" target="_blank">higher academic pursuits</a>. Moreover, revealing the depth and breadth of my obsession (ten websites, four daily newspapers, many hours of TV and radio speculation) will surely damage my fragile stature as the&nbsp;<a title="Crotty business of education commentator" href="http://blogs.forbes.com/people/jamesmarshallcrotty/" target="_blank">business of education commentator</a>&nbsp;for the illustrious Forbes brand, er, &ldquo;platform.<a href="http://www.forbes.com/sites/jamesmarshallcrotty/2012/03/12/march-madness-is-the-last-great-pure-and-unifying-event-in-america/?feed=rss_home"> James Marshall Crotty - Forbes - Click To Read More...</a></p>]]></content></entry><entry><title>DSMW Starts Another New Apple TV Sweepstakes</title><id>http://www.dontspreadmywealth.com/daily/2012/3/12/dsmw-starts-another-new-apple-tv-sweepstakes.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/12/dsmw-starts-another-new-apple-tv-sweepstakes.html"/><author><name>DSMW Editor</name></author><published>2012-03-12T13:04:16Z</published><updated>2012-03-12T13:04:16Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p>DSMW has begun another Apple TV Giveaway. To Enter just</p>
<p><strong>Follow&nbsp;<a href="http://www.twitter.com/DSMWcom">@DSMWcom</a>&nbsp;and retweet "DSMW + twitter = Apple TV contest. Follow @DSMWcom and retweet #dsmwplusappletv"</strong></p>
<p>A winner will be chosen at random on July 01, 2012. Good luck!</p>]]></content></entry><entry><title>What About Kids Who Behave?</title><id>http://www.dontspreadmywealth.com/daily/2012/3/11/what-about-kids-who-behave.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/11/what-about-kids-who-behave.html"/><author><name>DSMW Editor</name></author><published>2012-03-11T23:00:56Z</published><updated>2012-03-11T23:00:56Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 350px;" src="http://www.dontspreadmywealth.com/storage/sadgirl-1024x685.jpg?__SQUARESPACE_CACHEVERSION=1331508333407" alt="" /></span></span>The Obama administration is waving around a new study showing that black school kids are "suspended, expelled, and arrested in school" at higher rates than white kids. According to the report, which looked at 72,000 schools, black students comprise just 18% of those enrolled yet account for 46% of those suspended more than once and 39% of all expulsions.</p>
<p><a name="U603697677509D0F"></a></p>
<p>Education Secretary Arne Duncan said the administration is "not alleging overt discrimination in some or all of these cases," but that's certainly what he's implying when he bleats on about the "fundamental unfairness" of the situation. "The undeniable truth," said Mr. Duncan in a press call this week, "is that the everyday education experience for too many students of color violates the principle of equity at the heart of the American promise." Of course, if racial animus toward blacks explains higher black discipline rates, what explains the fact that white kids are disciplined at higher rates than Asian kids? Is the school system anti-white, too? <a href="http://online.wsj.com/article/SB10001424052970204603004577271422640770022.html?mod=googlenews_wsj">Jason L. Riley - Click To Read More...</a></p>]]></content></entry><entry><title>Romney's Upper Hand</title><id>http://www.dontspreadmywealth.com/daily/2012/3/9/romneys-upper-hand.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/9/romneys-upper-hand.html"/><author><name>DSMW Editor</name></author><published>2012-03-10T00:40:20Z</published><updated>2012-03-10T00:40:20Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 280px;" src="http://www.dontspreadmywealth.com/storage/larry-kudlow.png?__SQUARESPACE_CACHEVERSION=1331340459059" alt="" /></span></span>Mitt Romney snatched victory from the jaws of defeat in Michigan by unveiling a pro-growth, 20 percent tax-cut plan and by resetting his limited-government spending cuts and entitlement reforms. In other words, he delivered an economic-growth package. It served him well.</p>
<p>It may not have been the only factor in his victory last week, but it put him squarely in the voter zeitgeist. And it may be apocryphal on Super Tuesday in Ohio, where he has come back to dead even after being down double digits.</p>
<p>Now, if former Sen. Rick Santorum had stayed on economic message with&nbsp;<em>his</em>&nbsp;tax-cut plan, he would have swept Michigan. But he unnecessarily wandered off the reservation. Women serving in the military; JFK's church-and-state speech; the threat of ruling out contraception -- &nbsp;by veering in these directions, he completely undermined his economic message. And he lost because of it. <a href="http://www.realclearpolitics.com/articles/2012/03/03/romneys_upper_hand_113355.html">Larry Kudlow - Real Clear Politics - Click To Read More...</a></p>]]></content></entry><entry><title>Limbaugh and Our Phony Contraception Debate</title><category term="Catholic Instutions"/><category term="Elections"/><category term="Georgetown"/><category term="Religion"/><category term="US Politics"/><category term="birth control"/><id>http://www.dontspreadmywealth.com/daily/2012/3/6/limbaugh-and-our-phony-contraception-debate.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/6/limbaugh-and-our-phony-contraception-debate.html"/><author><name>DSMW Editor</name></author><published>2012-03-06T14:59:00Z</published><updated>2012-03-06T14:59:00Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 300px;" src="http://www.dontspreadmywealth.com/storage/Birth_Control_Pills.jpg?__SQUARESPACE_CACHEVERSION=1331047247066" alt="" /></span></span><a href="http://online.wsj.com/article/SB10001424052970203370604577263281305035966.html?mod=WSJ_Opinion_LEADTop">&nbsp;Ms. Fluke is not the "everywoman" portrayed in the media.</a> Cathy Cleaver Ruse</p>
</blockquote>
<p>When congressional committee counsels plan hearings, they look for two kinds of witnesses: "experts" and "victims." The experts are typically lawyers or law professors who can explain the constitutional authority for the new law and its legal impact, and the victims illustrate why the law is needed.</p>
<p>Should Ms. Fluke give up a cup or two of coffee at Starbucks each month to pay for her birth control, or should Georgetown give up its religion? Even a first-year law student should know where the Constitution comes down on that.</p>]]></content></entry><entry><title>America's longest war will leave no trace</title><id>http://www.dontspreadmywealth.com/daily/2012/3/5/americas-longest-war-will-leave-no-trace.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/3/5/americas-longest-war-will-leave-no-trace.html"/><author><name>DSMW Editor</name></author><published>2012-03-05T20:30:18Z</published><updated>2012-03-05T20:30:18Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/_Mark_Steyn_after_dismissal.jpg?__SQUARESPACE_CACHEVERSION=1330979893413" alt="" /></span></span>Say what you like about Afghans, but they're admirably straightforward. The mobs outside the bases enflamed over the latest Western affront to their exquisitely refined cultural sensitivities couldn't put it any plainer:</p>
<p>"Die, die, foreigners!"</p>
<p>And foreigners do die. U.S. Air Force Lt. Col. John Loftis, 44, and Army Maj. Robert Marchanti II, 48, lost their lives not on some mission out on the far horizon in wild tribal lands in the dead of night but in the offices of the Afghan Interior Ministry. In a "secure room" that required a numerical code to access. Gunned down by an Afghan "intelligence officer." Who then departed the scene of the crime unimpeded by any of his colleagues. <a href="http://www.ocregister.com/opinion/afghanistan-342926-afghan-foreigners.html">Mark Steyn - The Orange County Register- Click To Read More...</a></p>
<p>This is Mark Steyn at his very best. -<strong> DSMW</strong></p>]]></content></entry><entry><title>Europe's Supply-Side Revolution</title><category term="Financial"/><category term="Germany"/><category term="Greece"/><category term="Recession"/><category term="World Politics"/><id>http://www.dontspreadmywealth.com/daily/2012/2/29/europes-supply-side-revolution.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/2/29/europes-supply-side-revolution.html"/><author><name>DSMW Editor</name></author><published>2012-02-29T15:46:06Z</published><updated>2012-02-29T15:46:06Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/r.jpeg?__SQUARESPACE_CACHEVERSION=1330531821733" alt="" /></span></span>Looking beyond the latest headlines about Greece's debt crisis, the long-term question for the European Union is: Can it grow? The conventional answer is that it's too sclerotic, too socialist, too indebted. Not so.</p>
<p>Germany is the largest economy in Europe, and it's been the first to recover and the best-performing developed economy since the start of the Great Recession. Since bottoming in 2009's first quarter, German output has grown at an annual rate of 2.8%, compared with 2.4% for the U.S.&nbsp;</p>
<blockquote>
<p><a href="http://online.wsj.com/article/SB10001424052970204792404577225301719346924.html?mod=WSJ_Opinion_LEADTop">This is the blessing of the euro, not its curse. The common currency prevents politicians from fantasizing that they can devalue&mdash;and inflate&mdash;their way to prosperity</a>. Instead, as Italy's new prime minister, Mario Monti, put it, growth "will have to come from structural reforms or supply-side measures.</p>
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<p>The transformation of Europe is being made possible&mdash;as serious reform is everywhere and always&mdash;by crisis. For all the strikes and protests and backlash. Europe seems to know now that its tax-spend-borrow-and-protect social democratic past cannot be its future. Donald L. Luskin&nbsp;</p>
<p><em><a href="http://www.cnbc.com/id/24732006">Mr. Luskin is chief investment officer and Mr. Roche Kelly is chief Europe strategist at Trend Macrolytics LLC.</a></em></p>]]></content></entry><entry><title>Geithner And The 'Privilege' of Being American</title><category term="Geithner"/><category term="Government Power"/><category term="Taxes"/><category term="US Politics"/><id>http://www.dontspreadmywealth.com/daily/2012/2/29/geithner-and-the-privilege-of-being-american.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/2/29/geithner-and-the-privilege-of-being-american.html"/><author><name>DSMW Editor</name></author><published>2012-02-29T13:59:18Z</published><updated>2012-02-29T13:59:18Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/greed.jpg?__SQUARESPACE_CACHEVERSION=1330525345195" alt="" /></span></span>ast week Treasury Secretary Tim Geithner said that the "most fortunate Americans" should pay more in taxes for the "privilege of being an American." One can debate different ways of balancing the budget. But Mr. Geithner's argument highlights an unfortunate and very destructive instinct that seems to permeate the Obama administration about the respective roles of citizens and their government. His position has three problems: one philosophical, one empirical, and one logical.</p>
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<p><a href="http://online.wsj.com/article/SB10001424052970204653604577247800370322294.html">&nbsp;Once we give up our moral compass of government deriving its powers from the people. we must also give up any empirical compass of how much we must surrender to government.</a> When you begin the argument that being a citizen is a "privilege" for which one should pay ever more, you very quickly find yourself on Friedrich Hayek's "Road to Serfdom."</p>
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<p>If being governed, or over-governed, is a privilege for America's citizens, shouldn't everyone pay for the privilege? Why are more than half of all American workers paying nothing at all in income taxes? And if the issue is the need to "pay more" for our privilege, why should only those making over $250,000 be the ones who pay more? If being an American really is a privilege, then certainly all who are thus privileged should pay something. <a href="http://online.wsj.com/article/SB10001424052970204653604577247800370322294.html">&nbsp;Lawrence B. Lindsey - Wall Street Journal - Click To Read More...</a></p>
<p><em><a href="http://www.aei.org/scholar/lawrence-b-lindsey/">Mr. Lindsey, a former Federal Reserve governor and assistant to President George W. Bush for economic policy, is president and CEO of the Lindsey Group.</a></em></p>]]></content></entry><entry><title>Rising Black Social Pathology</title><category term="Education"/><category term="Teacher's unions"/><category term="US Politics"/><category term="Williams"/><id>http://www.dontspreadmywealth.com/daily/2012/2/21/rising-black-social-pathology.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/2/21/rising-black-social-pathology.html"/><author><name>DSMW Editor</name></author><published>2012-02-22T00:15:46Z</published><updated>2012-02-22T00:15:46Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 280px;" src="http://www.dontspreadmywealth.com/storage/black-and-white-handcuffs.jpg?__SQUARESPACE_CACHEVERSION=1329870467048" alt="" /></span></span>Many black students are alien and hostile to the education process. They are permitted to make education impossible for other students. Their misbehavior and violence require schools to divert resources away from education and spend them on security, such as hiring school police and purchasing metal detectors, all of which does little for school safety. The violent school climate discourages the highest-skilled teachers from teaching at schools where they risk assaults, intimidation and theft. At a bare minimum, part of the solution to school violence and poor academic performance should be the expulsion of students who engage in assaults and disrespectful behavior. You say, &ldquo;What&rsquo;s to be done for these students?&rdquo; Even if we don&rsquo;t know what to do with them, how compassionate and intelligent is it to permit them to make education impossible for other students? <a href="http://frontpagemag.com/2012/02/15/rising-black-social-pathology/">Walter E. Williams - frontpagemag.com - Click To Read More...</a></p>]]></content></entry><entry><title>Obama And Other People's Money</title><category term="Catholic Instutions"/><category term="Insurance"/><category term="Rove"/><category term="Socialism"/><category term="US Politics"/><id>http://www.dontspreadmywealth.com/daily/2012/2/16/obama-and-other-peoples-money.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/2/16/obama-and-other-peoples-money.html"/><author><name>DSMW Editor</name></author><published>2012-02-16T14:53:24Z</published><updated>2012-02-16T14:53:24Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p><span class="full-image-float-left ssNonEditable"><span><img style="width: 300px;" src="http://www.dontspreadmywealth.com/storage/opm1b.jpg?__SQUARESPACE_CACHEVERSION=1329404821313" alt="" /></span></span>Former British Prime Minister Margaret Thatcher once said that the problem with socialism is that eventually you "run out of other people's money." And it's not just tax dollars she was talking about, as the Obama presidency has shown.</p>
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<p>Take the decision to force Catholic institutions to provide health-insurance coverage for sterilization, contraception and abortion-inducing drugs. When this decision caused an outcry, Mr. Obama offered the following compromise: Insurance companies will be ordered to provide such coverage "free" to employees of Catholic churches and organizations.</p>
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<p>But of course, this coverage won't be free. Insurance companies will pass the cost on to policyholders, including those same Catholic institutions. In short, Other People's Money will be used.<a href="http://online.wsj.com/article/SB10001424052970204880404577225122340276052.html?mod=googlenews_wsj"> Karl Rove - Wall Street Journal - Click To Read More...</a></p>]]></content></entry><entry><title>How Important Is Religious Freedom to You?</title><category term="Freedom"/><category term="Obamacare"/><category term="TSA"/><category term="US Politics"/><category term="mandate"/><id>http://www.dontspreadmywealth.com/daily/2012/2/10/how-important-is-religious-freedom-to-you.html</id><link rel="alternate" type="text/html" href="http://www.dontspreadmywealth.com/daily/2012/2/10/how-important-is-religious-freedom-to-you.html"/><author><name>DSMW Editor</name></author><published>2012-02-10T13:45:08Z</published><updated>2012-02-10T13:45:08Z</updated><content type="html" xml:lang="en-US"><![CDATA[<blockquote>
<p><span class="full-image-float-right ssNonEditable"><span><img style="width: 320px;" src="http://www.dontspreadmywealth.com/storage/USA_NYC_Statue-of-Liberty.jpg?__SQUARESPACE_CACHEVERSION=1328884640890" alt="" /></span></span>In 1790, George Washington exchanged letters with Moses Seixas, the warden of the Hebrew Congregation of Newport, R.I. Seixas praised the newly formed United States for "affording to All liberty of conscience, and immunities of citizenship." People who knew all too well what it meant to be deprived of the <a href="http://civilliberty.about.com/od/religiousliberty/a/touroletter_2.htm">"invaluable rights of free Citizens" held religious liberty and freedom of conscience most dear.</a></p>
<p>In reply, Washington wrote that U.S. citizens had a "right to applaud themselves" for setting an example of "an enlarged and liberal policy" that enshrined freedom of conscience. He added that the ability of members of one faith to seek the benefit of all Americans is the foundation of America's civic strength. <a href="http://online.wsj.com/article/SB10001424052970204136404577211601075404714.html?mod=WSJ_Opinion_LEADTop">Donald Wuerl, Charles Colson and Meir Y. Soloverichik writing for the Wall Street Journal. - Click To Read More...</a></p>
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<p><em><a href="http://site.adw.org/archbishop-of-washington">Cardinal Wuerl i</a>s the archbishop of Washington, D.C. Mr. Colson is the founder of <a href="http://www.prisonfellowship.org/prison-fellowship-home">Prison Fellowship</a> and the Colson Center for Christian Worldview.<a href="http://tikvahfellowship.org/faculty/rabbi-meir-y-soloveichik/"> Rabbi Soloveichik i</a>s director of the Straus Center for Torah and Western Thought at Yeshiva University and associate rabbi at Congregation Kehilath Jeshurun in Manhattan</em></p>
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<p>Wether it's TSA, the mandate in the Affordable Care Act or requiring employers to pay for abortion-inducing drugs, sterilization and contraception, your rights under the Constitution are being taken away. You do not have to be Jewish, Catholic or Protestant to be outraged.</p>
<p>The Obama administration is forcing you as a citizen of this country to take a stand. If you do not you loose. If you do not consider the basic tenant of liberty for all, you are lost to a runaway government that will continue to force your hand. - <strong>DSMW</strong></p>]]></content></entry></feed>
