The realm of the Marketspice is a benevolent civil monarchy, which means I make ALL the rules. The number one rule is that this is a civilized website. No profanity, no pejoratives, no crude language of any sort & No Flaming is allowed nor will it be tolerated! The punishment is BANISHMENT for at least 5 Marketspice epochs… I have commanded it! So it is said… so it shall be… ________ FURTHER COMMENTS: “War… huh! What is it good for? Absolutely nothing…” EXCEPT…
“Except for ending British Colonialism, Slavery, Imperial Germany & Japan, Fascism/Nazism, Communism, Genocide in Bosnia, and stopping the spread of Islamic-based worldwide terrorism… WAR has never solved anything!”
(Excerpted and amplified from the Protest Warrior site)*****
Peace Through Superior Firepower
(US Armed Forces)*****
“Judge your enemy based upon capabilities, not intent, you have to look at the enemy and really almost make a worst-case call every time.”
General Norman Schwarzkopf *****
Recalling
the story of the Pilgrims is a Thanksgiving tradition, but do you know the real
story behind their triumph over hunger and poverty at Plymouth Colony nearly
four centuries ago? Their salvation stemmed not so much from the charitable
gestures of local Indians, but from their courageous decision to embrace the
free-market principle of private property ownership a century and a half before
Adam Smith wrote The Wealth of Nations.
Writing in his diary of the dire economic straits and self-destructive behavior
that consumed his fellow Puritans shortly after their arrival, Governor William
Bradford painted a picture of destitute settlers selling their clothes and bed
coverings for food while others “became servants to the Indians,” cutting wood
and fetching water in exchange for “a capful of corn.” The most desperate among
them starved, with Bradford recounting how one
settler, in gathering shellfish along the shore, “was so weak … he stuck fast
in the mud and was found dead in the place.”
The colony’s leaders identified the source of their problem as a particularly
vile form of what Bradford called “communism.”
Property in Plymouth Colony, he observed, was communally owned and cultivated.
This system (“taking away of property and bringing [it] into a commonwealth”)
bred “confusion and discontent” and “retarded much employment that would have
been to [the settlers’] benefit and comfort.”
Brink
of Extermination
The most able and fit young men in Plymouth
thought it an “injustice” that they were paid the same as those “not able to do
a quarter the other could.” Women, meanwhile, viewed the communal chores they
were required to perform for others as a form of “slavery.”
On the brink of extermination, the Colony’s leaders changed course and allotted
a parcel of land to each settler, hoping the private ownership of farmland
would encourage self-sufficiency and lead to the cultivation of more corn and
other foodstuffs.
As Adam Smith would have predicted, this new system worked famously. “This had
very good success,” Bradford reported, “for it
made all hands very industrious.” In fact, “much more corn was planted than
otherwise would have been” and productivity increased. “Women,” for example,
“went willingly into the field, and took their little ones with them to set
corn.”
The famine that nearly wiped out the Pilgrims in 1623 gave way to a period of
agricultural abundance that enabled the Massachusetts settlers to set down
permanent roots in the New World, prosper, and play an indispensable role in
the ultimate success of the American experiment.
A profoundly religious man, Bradford saw the hand of God in the Pilgrims’
economic recovery. Their success, he observed, “may well evince the vanity of
that conceit...that the taking away of property... would make [men] happy and
flourishing; as if they were wiser than God.” Bradford
surmised, “God in his wisdom saw another course fitter for them.”
Amen to that.
Thanksgiving
Story: 2005
Plymouth’s Pilgrims may have survived that
near-fatal brush with socialism but, sadly, many political leaders remain
transfixed by a blind faith in the ability of government to shape and set the
course of human behavior.
Case in point: the tenacious liberal belief that no connection exists between
the tax burden we place on capital formation and the economic behavior of those
who must shoulder that burden.
The liberal creed holds that investors will take economic risks and create jobs
no matter how punitive the tax regime. To liberals, lowering that burden
through reductions in the rate of taxation simply bestows an unwarranted
windfall on the “rich” and deprives the government of much-needed tax revenue.
Of course, incentives matter every bit as much today as they did four centuries
ago. The latest proof comes from figures released by the Treasury Department
for the fiscal year that ended on Sept. 30. They vindicate the predictions of
conservative economists that the 2003 law, which included a number of
pro-growth provisions such as cutting the top tax rate on capital gains and dividends
to 15 percent, would be a raging success.
Compared to the previous year:
Total federal revenues grew by
an astonishing 14.6%.
Corporate receipts exploded,
increasing by 47%.
Payroll tax receipts, an
indicator of employment growth, increased by a respectable 8%.
We have
much to be thankful for this Thanksgiving season.
Mr. Franc, who has held a number of
positions on Capitol Hill, is vice president of Government Relations at The
Heritage Foundation.
To send a question or comment to Mike Franc, email him at: MichaelFranc@heritage.org
Thanksgiving
is just about my favorite holiday—a wonderful combination of family, faith, and
American-style religious freedom. I love the story of those hardy Pilgrims, and
I love eating turkey and pumpkin pie and gathering with family.
Many of us
tend to think of the first Thanksgiving feast as the official end to all the
Pilgrims’ difficulties. Wrong: Their survival would remain in jeopardy for
years to come. And yet, no matter how difficult things became, they never
failed to offer thanks to God.
As every
school child knows, the Pilgrims arrived in the New World
in the winter of 1620. As the freezing weeks passed, nearly half their number
died. It was a terrible time, but by spring, things began to improve. Friendly
Indians helped the Pilgrims plant their crops. By October 1621, the fields
yielded a harvest large enough to sustain the colony in the coming winter. The
grateful Pilgrims invited their Indian friends to a three-day feast of
thanksgiving to God.
That’s
where the story typically ends—for us. But for the Pilgrims, the hardships went
on. The next month, a ship arrived with thirty-five new colonists. But to the
Pilgrims’ dismay, they brought no provisions. The entire colony was forced to
go on half rations that winter. At one point, with food running out, everyone
was forced onto a daily ration of just five kernels of corn.
As my
friend Barbara Rainey writes in her new book, Thanksgiving: A Time to Remember,
by spring, the colony was weakened by hunger and sickness. While the bay and
creeks were full of fish, the Pilgrims’ nets had rotted. Were it not for
shellfish, which could be dug by hand, they would have perished. Despite the
great difficulties, they thanked God for His provision.
More ships
arrived that year, usually bringing newcomers with no supplies. Pilgrim father
William Bradford wrote in his journal that, given the poor harvest, it
“appeared that famine must still ensue the next year also.”
By April
1623, the conditions were desperate. The Pilgrims planted double the corn of
the previous year, only to see a drought several weeks long threaten the
precious crop. In response, the Pilgrims held a day of fasting and prayer,
asking God for rain. Pilgrim father Edward Winslow wrote that by evening, “The
weather was overcast, [and] the clouds gathered on all sides.” It was the
beginning of two weeks of rainfall. The crop was saved, and that fall, the
harvest was abundant. Another Thanksgiving feast was arranged, and again the
Indians took part. As Winslow wrote, “Another solemn day was set apart . . . wherein
we returned glory, honor, and praise, with all thankfulness to our God who
dwelt so graciously with us.”
They prayed
this, remember, at the end of two terrible years filled with famine, hard work,
and the loss of many loved ones.
As we
gather with our families to celebrate our blessings, we ought to remember what
happened to the Pilgrims after the feasting was over. Their steadfast trust in
God is a reminder that we, too, need to trust in God, even in the most
difficult circumstances—and thank Him.
May God
bless you and yours this Thanksgiving.
Chuck Colson is founder and chairman
of BreakPoint Online, a Townhall.com partner.
As America embarks on a bold leeward
lurch toward centralized power and massive redistribution of wealth in
addressing its economic problems, it might be time to take a step back and
learn a lesson from our forebears, the Pilgrims.
But first we must familiarize ourselves with
the historical truth of their experience – something that has been in short
supply in the media and our schools.
Kids often learn today that the Mayflower
gang were pretty incompetent – bad farmers, bad fishermen, bad hunters. They
came to the New World unprepared for the
hardships they would face in the wilderness.
They were rescued by the friendly native
Americans who taught them the survival skills they would need, so the story
goes. The first harvest festival was a time of rejoicing and giving thanks to
their saviors – the Indians who befriended them and guided them to a better way
of life.
That picture is totally wrong. Here's the
real story.
Before leaving Europe, the Pilgrims entered
into a contract, dated July 1, 1620, that would have them place all profits of
their "trade, traffic, trucking, working, fishing, or any other means of
any person or persons, remain in the common stock until division."
In other words, the settlement at Plymouth Bay
was the first New World experiment in
communism – long before Karl Marx supposedly invented it.
To say that social experiment was a total
failure would be an understatement. The first winter spelled death and disease
and hunger for the colony because the Pilgrims had arrived too late in the
season to plant crops and build adequate shelters. Half of them died. The
following spring, however, they planted and hunted and fished to get by – just
barely. They did invite some of the friendly Indians to join them in their
first "Thanksgiving" celebration. But they were not thanking the
Indians. They were thanking God for pulling them through.
As William Bradford wrote in his journal:
"And thus they found the Lord to be with them in all their ways, and to
bless their outgoings and incomings, for which let His holy name have the
praise forever, to all posterity."
Nevertheless, Bradford
remained troubled by the colony's inability to prosper. He found the answer by
studying the Bible and revisiting the notion of private property and incentized
hard work.
He wrote about it in 1623: "So they
began to think how they might raise as much corn as they could, and obtain a
better crop than they had done, that they might not still thus languish in
misery. At length, after much debate of things, the Governor (with the advice
of the chiefest amongst them) gave way that they should set corn every man for
his own particular, and in that regard trust to themselves. ... This had very
good success, for it made all hands very industrious, so as much more corn was
planted than otherwise would have been by any means the Governor or any other
could use, and saved him a great deal of trouble, and gave far better content.
The women now went willingly into the field, and took their little ones with
them to set corn, which before would allege weakness and inability, whom to
have compelled would have been thought great tyranny and oppression. The
experience that was had in this common course and condition, tried sundry years
and that amongst Godly and sober men, may well evince the vanity of that
conceit of Plato's and other ancients applauded by some of later times, that
the taking away of property and bringing in community into a commonwealth would
make them happy and flourishing, as if they were wiser than God. For this
community was found to breed much confusion and discontent and retard much
employment that would have been to their benefit and comfort. For the young men,
that were most able and fit for labour and service, did repine that they should
spend their time and strength to work for other men's wives and children
without any recompense. The strong, or man of parts, had no more in division of
victuals and clothes than he that was weak and not able to do a quarter the
other could, this was thought injustice. … And for men's wives to be commanded
to do service for other men, as dressing their meat, washing their clothes,
etc., they deemed it a kind of slavery, neither could many husbands brook it.
Upon the point all being to have alike, and all to do alike, they thought
themselves in the like condition, and one as good as another; and so, if it did
not cut off those relations that God hath set amongst men, yet it did at least
diminish and take off the mutual respects that should be preserved amongst
them."
In other words, the introduction of the idea
of private property saved the Pilgrims – made their experiment successful.
To coin a phrase, that's how "the
Pilgrims progressed."
They went back to their Bibles and saw that
in practicing utopian communism, they were attempting to be "wiser than
God." Once they abandoned that deadly economic system, they flourished.
Do you think we are wise enough to learn a
lesson from the Pilgrims' experience today? Or are we doomed to repeat the
failures and experience the miseries of socialism, again, for ourselves?
Senate Democrats' health care bill would
create a new marriage penalty by imposing a tax on individuals who make
$200,000 annually but hitting married
couples making just $50,000 more.
That's one of 17 new taxes imposed by the
bill, which also creates a levy on elective plastic surgery - some call it
"botax" - and places a 40 percent excise tax on those who have
generous health care plans.
"If
you have insurance, you get taxed. If you don't have insurance, you get taxed.
If you need a life-saving medical device, you get taxed. If you need
prescription medicines, you get taxed," said Senate Minority Leader Mitch McConnell, Kentucky Republican, who
is leading the fight against the bill.
The new taxes would be used to fund an
expansion of government medical programs and to fund subsidies for lower-income
individuals to buy insurance, extending health care coverage to 94 percent of
eligible non-elderly Americans.
Democrats said the bill will offer lower
health care costs for small businesses and families, and said the new taxes are
aimed at upper-income earners, so costs would not go up for the middle class.
They said that makes good on President Obama's campaign pledge not to increase
taxes on families making less than $250,000 a year, which explains the reason
for the new marriage penalty.
"We wanted to make this provision
consistent with the president's pledge not to increase taxes on singles making
under $200,000 and married couples making under $250,000," said Jim
Manley, a spokesman for Senate Majority Leader Harry Reid, who wrote the Senate
bill.
"Yes, this structure can create a
'marriage penalty' for some couples. It also creates a 'marriage bonus' for
others," he said. "A married couple with one wage earner can earn up
to $250,000 without facing this higher tax, whereas a single person in the same
job with the same pay would be hit by it."
But a
married couple in which each earner makes $150,000 would be hit with the tax,
whereas an unmarried couple living together with the same incomes would not.
Ryan Ellis, tax policy director at Americans
for Tax Reform, said the new marriage
penalty comesontop of an existing one that's always been
part of the payroll tax, which funds Social Security and Medicare.
He said when the payroll tax was created to
fund Social Security during the New Deal, lawmakers didn't anticipate the
freelance of two-income families, so there's always been a sort of marriage
penalty for couples whose incomes topped the single-earner income taxation
level.
Such penalties have been thorny issues in
the tax codes for years.
The new tax would rise from 1.45 percent to
1.95 percent for singles making $200,000 a year and couples making $250,000.
Congress earlier this decade tried to reduce
the marriage penalty in the income tax code by adjusting the standard deduction
for single taxpayers and married couples and expanding the 15 percent tax
bracket for couples filing joint tax returns.
Mr. Ellis said another problem with
Democrats' plan is that the new payroll tax is not indexed for inflation, even
though wage growth is about 5 percent a year. That means the tax will capture an ever-larger share of taxpayers.
"Fifteen years from now, someone who
today is earning $100,000, if their wage growth just grows on average, 15 years
from now they're going to be paying this tax," Mr. Ellis said.
The plastic surgery tax could increase the
cost of nips and tucks by imposing a 5 percent tax on the cost of such
surgeries. The tax is slated to go into effect Jan. 1 and is expected to raise
$5.8 billion over 10 years. It would cover all elective procedures, whether
covered by insurance or not, but would not be levied on surgeries intended to
repair personal injuries.
Some of the taxes are already running into
political trouble with Democrats' core supporters.
The Teamsters union on Thursday blasted the
proposal to impose a 40 percent excise tax on "Cadillac" high-value
health insurance plans, saying it would threaten the benefit-rich coverage
unions have fought hard to win for their workers.
"Any claim that it affects only
'Cadillac' plans and thus the wealthy is misleading," said Teamsters
President James P. Hoffa Jr. "This tax will fall on one-third of Americans
in 10 years. ... The idea that this tax will curtail rising premiums is just
dead wrong."
The tax is slated to go into effect in 2013
and would apply to individual policies worth $8,500 or family policies worth
$23,000. A slightly higher threshold would apply for early retirees and those
in high-risk professions.
Budget analysts said they expect that
employers and consumers will start to ditch the high-value plans and instead
pay the money to workers in higher wages and salaries, so most of the nearly
$150 billion in revenue on which Democrats are counting from the provision
would come from higher income taxes.
"Put a tax on my high-premium health
plan and suddenly it's not such a good deal," said Roberton Williams, a
senior fellow at the Tax
Policy Center.
"I'd rather have the cash."
Several
relatively small tax increases will be aimed at health savings accounts and
medical savings accounts. One will
change the definitions for medical expenses that qualify as itemized
deductions. Another will raise the penalties for withdrawing funds from these
vehicles. A third would limit health-related flexible spending arrangements.
"All
of these changes are designed to make health savings accounts less attractive
and cripple consumer-directed health care plans," said Michael Cannon,
director of Health Policy Studies at the Cato Institute. Altogether, they would
raise about $20 billion through 2019.
Now this might just be
a good idea… whadda ya think?It is
surely better than what they have done so far…
"How Would You Fix the
Economy?"
Dear Mr.
President and Congress,
Instead of giving billions and billions and billions of our tax dollars to failed
insurance companies, failed car companies, failed banks, political cronies,
etc, let’s try the following plan. We will call it the Patriotic Retirement
Plan:
There are about 40 million people over 50 in the work force.
Pay them $1 million each tax free severance for early retirement with the
following stipulations:
1) They MUST retire. Suddenly 40 million job openings - Unemployment fixed.
2) They MUST buy a new American CAR. Forty million cars ordered - Auto
Industry fixed. 3) They MUST either buy a house or pay off their mortgage - Housing Crisis
fixed.
4)
They MUST buy their own health insurance. Health Plan for seniors just fixed!!!
Now, put all of those billions and billions and billions that were taken out for the
so-called “stimulus plan” back into the treasury, pass the Fair Tax program,
get rid of the IRS, insist on a balanced budget every time, and actually start
following the US Constitution.
Nah… it will never
work… waaaaaaaayyyyyy too simple!
A DEA agent stops at a farm
in rural Ross County, Ohio, flips up his Ray-Bans and then motions to the
old farmer to come over to him.
He tells the farmer, “Hey,
hayseed, listen up!As part of the Obama
Administration’s newly organized Domestic Security Task Force, I need to
inspect ALL of your ranch for
illegal grown drugs and such.”
The old farmer says, “Well, I guess that’s okay, but just don't go in that thar
field over yonder.”
The agent verbally explodes saying, “Listen, buster, I have the authority
of President Obama himself with me.” Reaching into his coat pocket and pulling
out his badge. The agent proudly displays it to the farmer. “See this here badge,
buddy? This badge means I am allowed to go wherever I wish on any land. No
questions asked or answers given! Have I made myself clear?Do you understand me?”
The
old farmer looks thoughtful for a moment and then he nonchalantly nods politely
and goes back to his chores.
Later, the old farmer hears horribly loud screams and spots the agent running
for his life and close behind is the farmer's prize longhorn bull. With every
step the bull is gaining ground on the federal agent. The agent is clearly
terrified!
The old farmer immediately throws down his tools, runs to the fence and yells
at the top of his lungs......
“Your badge! Your badge! Show him your badge Mr. Smarty-pants agent!And be sure to tell him Obama sent you!”
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