12 September 2012 0 Comments

Milton Friedman: Private Greed Government Greed – Phil Donahue Confronted

Free Market and Free Enterprise raised more people from poverty to middle class. Is Political self-interest nobler somehow that economic self-interest. Milton Freedman  Phil Donahue Video 2:23 minutes  1979

18 April 2012 0 Comments

Economic Policy: Growth Jobs Higher Standard of Living – Government Inflation Finances Government, Devalues the Dollar and Citizens Pay

“Forget the modest 3.1 percent rise in the Consumer Price Index, the government’s widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research.” READ MORE 29 February 2012 CBS MONEY WATCH Government Inflation Devalues The Dollar – Government has monopoly controls […]

2 April 2012 0 Comments

1% of 1%: The Top 400 Adjusted Gross Income Earners

TaxProfblog brings this NYTimes story to our attention: Mitt Romney paid 13.9% federal tax rate Among the 400 Americans with the highest adjusted gross incomes in 2008, 30 of them paid less than 10% and another 101 paid less than 15% The top 400 paid an average of $49 million, or 18.1% of their AGI, […]

6 March 2012 0 Comments

Feeding the Goose That Lays Golden Egg and Coordinated, Cooperative, Complex and Spontaneous System Human Action of the Free Market

I think, taxing capital can only mean  less productive growth, fewer jobs, fewer goods and services and a lower standard of living. Patrick Barron, an Austrian Economist: “The only means of increasing prosperity is to apply more capital goods to the production process. Taxing capital away makes us poorer than we would otherwise become. The […]

4 March 2012 0 Comments

Milton Friedman: Soaking the Rich- Obama 2012’s Marxist Alinsky Class Warfare campaign

Milton Friedman anticipates the Obama 2012’s Marxist Alinsky Class Warfare campaign. Soaking the Rich to redistribute to those who have less- Video 4:10 .                                                          xxx