Welfare State | The Daily Capitalist

Obama Shrugs (The Core Of American Values)

COMMENTARY

I read President Obama’s stump speech given on Friday, July 13 at Roanoke, Virginia. I urge you to read it; it’s not too long. It is a kind of manifesto of current left-wing thought in America; it describes almost every policy and concept that leftists support and are working to implement. In general it [...]

Julia: Who’s Your Daddy?

There has been a lot of controversy about Julia as we trace her life from infancy to old age. The interesting thing about this Obama campaign interactive graphic is that no men appear in Julia’s life and she makes it through retirement all by herself. Well, not exactly: she has the government [...]

The Politics Of Fear

“I’m getting increasingly worried about the free movement of people across Europe. It’s a very competitive world out there and my constituents resent that.”

— Huddersfield Labour MP Barry Sheerman, defending comments he made on Twitter about Eastern European workers.

It was quite fitting that in a week that saw [...]

Why Aren’t You A One Percenter?

This graphic (see below), “The 1% vs. The Average American” is a bid of a screed but it is interesting for two reasons. One is that its facts are interesting regardless of your take on the subject. The other is that its purpose is to demonstrate wealth inequality. There are a lot of ways to [...]

Worst Headline Of The Day

This is from Bloomberg this morning. Please also see “The Welfare Tipping Point“:

Americans ‘Hooked’ on Government Benefits

A record 49 percent of Americans live in a household where someone receives at least one type of government benefit, according to the U.S. Census Bureau.

Shoot The Messenger And The Cavalry

Commentary

I have been seeing a lot of commentary from the MSM blaming the Republican Tea Party Caucus (and S&P) for the market turmoil. It is a classic case of shooting the messenger. In the case of the Tea Partiers, it is more like shoot the cavalry: They were trying to rescue us.

These opinion leaders are [...]