Showing posts with label Taxation. Show all posts
Showing posts with label Taxation. Show all posts

Sunday, November 1, 2020

Trump 2020


The choice for President in 2020 is quite clear: Donald J. Trump!

In the Democrat challenger Joe Biden, a lifetime Senator from Delaware who became vice president under Barack Obama, America could expect to be dealt a devastating blow to prosperity should he be elected. 

Biden, who does not have an original idea with respect to Coronavirus, would listen to the scientists who are financially invested in the virus and have been noting but wrong so far in the predictions surrounding the virus. A Biden presidency will usher in further infective lockdowns.

Biden is weak, and heavily influenced by a group of radicals who will shove him aside if he is victorious and forge forward on actually following through on Obama's idea of fundamentally transforming The United States of America.  

Packing the courts, adding states to strengthen the position in their Congress and eliminating the electoral college ( a last line of defense of middle America) would arrogantly achieve that.

The mainstream media has had limited coverage, if they have covered it all, of the corruption involving Joe Biden's son Hunter. Evidence suggests Joe Biden had some level of involvement. I would like to know; wouldn't you? Some of these allegations have interaction with the communist government of China. Perhaps most importantly, if elected it is feared Biden will surrender to China and welcome placing America under globalist's rule under the "great reset.".

Biden supports anti-capitalist agendas involving such items as rent control and will increase taxes and regulation  This will thwart prosperity. Rule of law will relax and violence on our streets would escalate under Biden's direction. Citizens will then welcome big government to expand authority to squelch the unrest, which is part of the original plan.

America, as founded, would risk being lost forever under Biden's leadership. Biden seeks the overreaching government hand Ronald Reagan warned us about in his "Time For Choosing" speech in October of 1964. In fact, we are indeed at time for choosing.

Meanwhile, under President Trump, America can expect to embrace freedom while increasing prosperity.  

Continued progress will significantly restrict the virus, and it will fade into the annuals of history.

Entrepreneurship and individual freedom for all will advance.  Taxation and regulation will remain reasonable, assisting in the continued growth of the economy which offers avenues of prosperity for everyone.

America will continue to stand strong on the world stage, no longer being taken advantage of by those who seek ill will upon our people. Peace comes through strength, and the advancements recently made under President Trump will continue to bear fruit in that regard.

Rule of law will be expected and enforced. Racism, police brutality and rogue gangs terrifying our cites will not be tolerated. Equal justice for all will stand tall. 

If the DC elite does not like the way President Trump goes about his business, we take that as as a badge of honor. That elite has been wrecking our nation, without a care in the world of the citizens they proclaim to be attempting to help. It is President Trump who is lifting the forgotten man, and people on the ground of all races and income levels know it. 

Anybody who seeks individual freedom and prosperity and for America to continue her stature as a beacon of freedom and peace in the world should without question cast their ballot to re-elect Donald J. Trump as President of The Untied States.  We would walk over broken glass to do so. So should you. 

MAGA!

 

Sunday, December 2, 2018

So Long 41


















George H. W. Bush was a fine man, the definition of a "statesman" and the type of individual we so desperately miss in the political landscape today. Bush 41 was an extremely decorated individual, laying a strong foundation for him to eventually lead our nation.

His performance as president had some very high moments, especially during his leadership during the Gulf War.  At home, he went against his word and raider taxes, which was not received well from a most of his base, especially us Reaganites.  Overall, 41 was slightly above average as president.

However, his strength in character was something that can and will have lasting value. We will certainly miss George H.W. Bush, and his compassion, patriotic spirit and eagerness to better his fellow man are attributes we hope other will embrace and carry on to future generations.


Tuesday, February 28, 2017

Left Purposely Forgets The Forgotten Man

"The Forgotten Man President Trump often references should never be forgotten.

At CPAC 2017, a speech from Amity Shlaes, author of the brilliant work "The Forgotten Man," introduces him to you. He is an individual the left forgets in orchestrated fashion, as he serves as a vehicle for their social engineering projects.

Ronald Reagan once said government is not the solution to the problem; government is the problem.

Amidst confusing economic and governmental policy, understanding the plight of the forgotten man develops the knowledge that potentially morally sound efforts at intervention come with heavy costs on free markets and individual freedom through excessive taxation and regulation.

As such, while the forgotten man bears the costs associated with government provided entitlements, which strip away the freedom and dignity of the individual recipient, one should never forget there is no free lunch.

Free Market Capitalism remains the best path to liberty and prosperity!

Tuesday, January 31, 2017

Handcuffing The EPA

The power to tax is the power to destroy, and few have more power these days than the Environmental Protection Agency.

Through excessive taxation and regulation, including environmental fees, the government, while not wishing to own your property outright, increasingly controls the utilization of your real and personal property . While the greater majority of these actions are presented as needed effort to limit man made damage to Global Climate Change, the reality is it is a vehicle for the transfer of wealth and control over the citizenry, with particular emphasis on energy and environmental protection, both of which affect property owners.

These are tenants involved in the evil globalist Agenda 21, newly labeled as Agenda 2030.

With the new appointments under President Trump, these illegal encroachments on the citizenry are about to cease, increasing freedom and liberty for all.

Meltdown at the EPA via National Review

Monday, November 7, 2016

Donald Trump For President

The 2016 campaign has been very heated, reflecting the pulse (pun intended) of our nation.

The GOP is very divided, deservedly so.  Elected GOP representative think they are part of a production of Animal Farm, turning into the legislators we sent them up there to defeat.

A strong field of GOP contenders set out to gain the nomination.  Marco Rubio, Rand Paul and Scott Walker could have easily won my vote.  I chose Sen. Ted Cruz, who had a vibrant history of fighting the establishment

However, Donald Trump won the race.

Unlike many, I did not take the #NeverTrump route, which I considered juvenile.

Donald Trump, who no doubt loves America, does not meet many of the principles and positions I as a proud member of the Reagan Revolution champion.

However, as we enter a version of The Fourth Turning, a historical and cyclical period of turmoil which places the continuance of our nation at risk, our nation will require exemplary leadership during this period. As Jim Quinn of The Burning Platform notes in researching The Fourth Turning, "The Grey Champion doesn’t necessarily have to be a good person, but they must lead and display tremendous confidence in their cause and path. Franklin, Lincoln, and FDR have many detractors, but during their Fourth Turnings, they most certainly led, casting aside obstacles (sometimes illegally) and enduring dark days and bleak prospects for success."

In my mind, Donald Trump fits perfectly the characteristics of a Grey Champion.

His opponent?

Hillary Clinton is an arrogant hypocrite, an intellectual progressive operative with disdain for the blue collar working families she professes to support, an individual who dreams of squelching free markets through taxation and regulation championing crony capitalism in support of self promotion and her political advocates all the while welcoming opportunities to abuse power. In no way, shape or form is this an individual we should even remotely consider for our highest office. She is a champion of distortion and failure.

The nation, due in large measure to the progressive policies engaged upon during the Obama administration, is in great peril. Things will worsen, at least in the short term, no matter who wins.

Should Hillary Clinton win, our nation ceases to exist as founded, and freedom and liberty retract measurably as the world enters deeper levels of violence, darkness and despair.  Yes, that bad.

Donald Trump offers hope, championing individualism and patriotism. We may not wish the Grey Champion to come, but come he must, and come he will.

He is here, his name is Donald J. Trump, and America desperately needs him to become the 45th President of The United States of America.

Tuesday, October 11, 2016

Opinion Now Evidence

Hillary Rodham Clinton wants to be your champion.

I want individuals across the fruited plain to all be champions, forging their own path unencumbered by a controlling government.

She is an arrogant hypocrite, an intellectual progressive operative with disdain for the blue collar working families she professes to support, an individual who dreams of squelching free markets through taxation and regulation championing crony capitalism in support of self promotion and her political advocates all the while welcoming opportunities to abuse power.

Opinion now evidence.

WIKILEAKS BOMBSHELL: Hillary Advisors Admit She “HATES EVERYDAY AMERICANS”

Thursday, September 22, 2016

A Horrible Candidate

"Why aren't I 50 points ahead, you might ask" pontificated the arrogant Hillary Clinton, no doubt stunned by recent polling numbers.

 

Could it be America sees you accurately as a liar, an architect of organizing through bullying the political landscape and a progressive aiming to implement a socialist structure while undermining American power and exceptionalism?

Further, might they astutely envision you as an intellectual progressive operative with disdain for the blue collar working families you profess to support, an individual who dreams of squelching free markets through taxation and regulation championing crony capitalism in support of self promotion while welcoming opportunities for you and your political advocates to abuse power?

And those working families you reference? 94 million people are underemployed while nominal income has been stagnant during Obama's two terms.

Additionally, it should be noted those living in right to work states have economically outperformed those in structured environments you favor, demonstrating your economic idiocy.

I could go on, and on, and on, and on, and......................

Monday, July 25, 2016

Reverse Course

Expanding beyond the choking regulations Obama has installed, "Mrs. Clinton would fill her government with people who get up each day looking to tax, spend, regulate—and use the federal government to stomp on anyone in their way," placing the citizenry in a stranglehold.

The decision is quite clear.

It is time to reverse course and Make America Great Again.

#‎NeverHillary‬












The Case for Donald Trump, The Wall Street Journal

Monday, April 18, 2016

TEA Time

I agree with Thomas Sowell.

What is greedy about seeking to retain the fruits of my own labor?

And for crying out loud, why is not considered greed for governments and the idiots who support their unquenchable thirst for tax dollars not considered greed.

In fact, it is immoral for those folks to lay claim to the fruits of my labor.

Taxation, and regulation, are out of control.

The Beatles had it right.

"Let me tell you how it will be There's one for you, nineteen for me Cos I'm the taxman, yeah, I'm the taxman"

The Beatles released Taxman 50 years ago in 1966 on the album "Revolver". No Beatles video, but here is George Harrison with Eric Clapton in for Paul McCartney on lead guitar. TEA time!

Thursday, April 7, 2016

Tax Fraud as a Systematic Transfer of Wealth

MUST SEE VIDEO REPORT:

FOX News moderator Chris Wallace chastised Donald Trump for citing government waste as significant in a recent debate. If you only knew how correct Trump is.

As reported by "The Gateway Pundit", "A staggering 80% of Latino illegal immigrant families in California are living in poverty and need government assistance.

The Obama administration wants to open to door to millions more." According to the video report, illegal immigrants, through fraud associated with their ITIN numbers, are using the IRS as a cash register; with your money!


This theft must be stopped Monday morning at 8AM; but don't hold your breath.

The original report noted this was happening through a tax loophole; however, with the video going viral, Forbes.com looked into it and found something even more disturbing. They proclaim it "tax fraud".

Forbes attempted to identify who the culprits are, but left out the elephant in the rook: the corrupt IRS.

The IRS is too busy auditing Tea Party organizations and the private citizens who support them.  No doubt that the direction of the Obama administration, who is orchestrating and conducting a  force invasion of our nation by illegal immigrants, the IRS has been told to look the other way.

The funneling of money, in most cases blatantly illegal, is simply considered by the administration as reparations, an organized systematic transfer of wealth.  President Nixon was facing impeachment for threatening to utilize the IRS as a weapon against political opponents, but for some reason (our lawless Attorneys General), Obama can do it impunity.

This to must stop immediately, but it will not until we elect an individual who places the law above the men.

For the record, if elected, Donald Trump will build the wall and Ted Cruz will seek to "end the political targeting, simplify the tax code, and abolish the IRS as we know it."

Tuesday, September 1, 2015

No Constraints on Economic Engine

Larry Kudlow
As famed economists Larry Kudlow and Steve Moore accurately point out in a recent column, "strategic tax cuts and regulatory relief after the anti-business rule-making assault by President Obama, not trade and immigration barriers, are the solution to America’s competitiveness deficit."

Rather than  penalize, say Ford, for moving a plant out of the US, Trump should aim to create domestic economic policy which makes that decision non-advantageous from profit, tax and regulatory standpoint.

As Reagan said, barriers need to be removed to release the vast economic engine of America and the entrepreneurial spirit of the American citizen for our economy to reach optimal economic efficiency.

Sadly, Obama and most who share his philosophy view America as a global oppressor, and seek to limit our prosperity, which they deem was obtained on the backs of others.  As former Obama advisor Van Jones stated, "give them the wealth."

BAHL & Steve Moore 2010
Kudlow and Stephen Moore believe, as do I, the wealth belongs to those who earned it.  We did build that, with apologies to Obama and his socialist comrade Elizabeth Warren.

Companies need to forecast levels of return on and return of investment that are competitive, and with the onslaught of regulation and taxation, not to mention the attacks on small business, America is hardly open for business.

If your goal is to reduce prosperity, innovation and invention, you have done a good job by introducing these barriers to success.  With many struggling for friction trying to better life for their families, they fall by orchestration to feel a victim to the capitalist system.

But as Ayn Rand pointed out, "They’ve adopted collectivism so fully they can’t even see themselves as individuals, only as members of a group. And by embracing this as an ideal, they’ve become accessories to their own enslavement."

Kudlow and Moore cite immigration as part of the prosperity of America, and that is very true.  Like free trade, immigration should always be sought and welcomed.  But it must be legal immigration, which is not what is going on today.

Many in the GOP establishment appreciate the immigrants, so they can employ them and increase margins on the backs of paying low skilled workers less than legal workers require.  Democrats welcome illegal immigrants with the hope of expanding their voting base.

Both are in direct violation of the principles and laws set forth in the founding of America.

Donald J. Trump
It is noted that trade, tax and immigration are independent from each other, and those illegally immigrating to America should be dealt with as the law trumps, pun intended, any potential economic or social benefit.

Donald Trump, cited in the piece, is attempting to place the issue on the front burner, where belongs before we lose our country.  A country without borders is not a country.

Trump may not have all the right answers to this problem that has escalated like crab grass for 30 years, but his efforts to find solutions to the problem should be welcomed and not criticized.  Those attacking Trump's ideas likely have an agenda that may be negatively impacted if he is successful.

Sounds good to me.  It is the Art of the Deal.


Monday, August 17, 2015

Folks Are Placed In A Stranglehold

An article turned up on CNBC today that seemed to catch many economists and pundits by surprise, although it has been painfully obvious to anyone not slanted with Obamavision for over half a decade.

Please see the following pull quotes from the piece, which notes a what can only be described as increasing economic issues that are not only delaying millennials from purchasing a home, but from fully achieving milestone of life.



"The typical first-timer now rents for six years before buying a home, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. The median first-time buyer is age 33—in the upper range of the millennial generation, which roughly spans ages 18 to 34. A generation ago, the median first-timer was about three years younger.

The delay reflects a trend that cuts to the heart of the financial challenges facing millennials: Renters are struggling to save for down payments. Increasingly, too, they're facing delays in some key landmarks of adulthood, from marriage and children to a stable career, according to industry and government reports".

The greater majority of the issues plaguing the millennials, and the entire economy, are due interactions of the government.  Among the negative governmental influences have been the flooding of the market with money, which devalues assets and is inflationary, increasing taxation and regulation, attacks on small businesses and increasing infiltration in markets creating inefficiencies.

Due to these improper, and in many cases illegal decisions, the economy has been in an orchestrated decline. Our opinion for the reasons the administration would engage in such activity centers around the administrations effort with regard to the transformation of wealth, both an a micro domestic and macro global level.

At any rate, there have been scores of negative byproducts from these efforts, and for those seeking home ownership and unable to make that jump and boxed in the rental market, it should not come as a shock that rental rates are skyrocketing, hitting "crazy levels".  As such, escape from this viscous circle becomes increasingly more challenging, and folks are placed in a stranglehold.

As, professionally, we operate in this space, we so appreciate those that have chosen one of our properties to make their home over the years, but we note with sadness the increasing degree of difficulty faced by those who seek to climb the latter and purchase a home.

The economy is a wreck, and expenses and inflation are outpacing rises in income for those who do have meaningful full time employment, which decreases monthly with 94 million Americans underemployed or unemployed.

We know who is responsible for placing hard working Americans in this status, although many do not given the propaganda put forth by a complicit media and outright lies being told by Obama administration officials (unemployment rate is top example).

Elections have consequences, and we are paying a heavy price for 2012.

Monday, July 13, 2015

Boxed In

Bernie Sanders, I:VT
The Foundation for Economic Education, (FEE), shot a post across Facebook this evening noting that Sen. Bernie Sanders (I:VT), who is seeking the Democratic nomination in 2016, thinks the middle class is deteriorating. FEE says he is wrong.

Sanders, a socialist, is at least someone who calls it like he sees it, even recently exposing the unemployment numbers presented by the Obama administration and their propagandist partners in media as false. Salon claims FOX News (?), Hillary surrogates and Wall Street are all terrified of Bernie and his ultra left followers.

The FFE article quotes Sanders as saying the following:

The long-term deterioration of the middle class, accelerated by the Wall Street crash of 2008, has not been pretty. Since 1999, the median middle-class family has seen its income go down by almost $5,000 after adjusting for inflation, now earning less than it did 25 years ago.

The FFE disputes Sanders conclusions, presenting a video with highly respected George Mason University Prof. Don Boudreaux discussing wage stagnation.  Boudreaux seems to be refuting a conclusion of former Labor Secretary Robert Reich.



Boudreaux collects a number of hits in his presentation, focusing on a period of approximately 30 years, citing a number of correct notes. However, there are areas missing in his conclusions, as there often are when trumping out statistics. Furthermore, at no point in my lifetime have economic statistics suffered such high levels of manipulation.

With a formal education in the field of economics, I could produce voluminous statistics stating whatever case I wish to make, but I can tell you from the street that income has been stagnant since the crash of 2008. In addition, virtually all of the implemented programs, while some producing temporary gains, have resulted in long term failure.  To place it in simplistic terms, the economy seems "boxed in", with constraints placed upon it by a government seeking to seize increasing control over the citizenry.

The middle class is indeed staggered by orchestration under Obama, with real median household income decreasing and the pathway to wealth exponentially more difficult. But, it is not more progressivism or Bernie Sanders and his platform of socialism the country needs, it is getting government back within its means, individual accountability, adherence to the law and free market capitalism, with a reduction in taxation and, in particular, regulation.

Monday, April 20, 2015

Conspiratorial Dishonesty

As the 2016 election approaches, we note that a much larger portion of the electorate than participated in the 2008 election will be younger voters who have little or no recollection of the history of Hillary Clinton.

Therefore, with the education of our younger friends in mind, we will continue to do our part to present them with commentary and evidence of who Hillary Clinton really is; an intellectually elite individual with a long history of conspiratorial dishonesty.

 

As we previously posted, Hillary is an arrogant hypocrite, an intellectual progressive operative with disdain for he blue collar working families she professes to support, an individual who dreams of squelching free markets through taxation and regulation championing crony capitalism support of self promotion and her political advocates all the while welcoming and and all opportunities to abuse power.

Monday, February 23, 2015

Assault of Freedom of Speech in Net Neutrality

If you thought Obamacare was a fraud perpetrated against the American people, wait until you come to grips with Obama's effort to take over the Internet.  Titled Net Neutrality, as reported in The Wall Street Journal, Obamanet promises to fix an Internet that isn’t broken.

As Ronald Reagan so eloquently pointed out, government does not solve problems, it subsidizes them.


So, why would the government aspire to takeover huge industries? To fundamentally transform The United States of America?

Certainly, there is the taxation angle which, for a government too big to stop feeding itself, would increase revenue.

However, the costs would be a drag on economic growth, which has been most elusive under the tyrannical Obama administration.  Recall from your economic study that the more you tax something, the less of it you get, and that is a limitation on consumer choice.  You pick and choose your utility company, right? 

Then, of course, there is the regulatory angle, where the government seizes control over the industry, arbitrarily deciding, for the good of the people, which crony capitalism "partner" best deserves to control information.

Paraphrasing Reagan once again, when the government gets involved, it won't be the system malfunctioning but somebody mishandling the machinery, seemingly by design.

If you were progressive Democrats, regulation and taxation seem to be an adequate reasoning for embarking on such an endeavor.  But, this group is not your parents Democrats, and from listening to Obama representatives speak in their own words, I fear, like Obamacare, we are not being told the real plan at work here.

Introduce yourself to Mark Lloyd, who we have discussed here on the blog previously.  The former Diversity Czar under Obama, Lloyd speaks lovingly about how a similar takeover of the free press in Venezuela hastened the "glorious revolution" which gave Hugo Chavez smothering power over his political enemies.  For the record, Venezuela is now in economic shambles, and freedom is scarce.

Simply put, the Obama administration claiming they need to gain control over the Internet to fix non-existent issues which would if needed be more efficiently dealt with in the private sector world of competition is nothing more than a vehicle to encroach upon your freedom of speech, taxing and regulating free market commerce while silencing political enemies.

We do not need Net Neutrality, and the Obama administration, in particular, has soundly demonstrated they cannot be trusted with such responsibility.  Channeling the freedom loving mind of Reagan once more, what we need to do in this country is to alter the economic situation by changing one simple two letter word economic control by government to economic control of government.

Our founding fathers spoke of limited government, and expansive government control was something they wrote and warned vehemently against. The government has taken control over finance, energy and health, each of which are far worse off since governmental infiltration, has taken aim at the right to bear arms and now is in direct assault on communications.  

We are rapidly losing the freedoms most claim to hold dear in this country, and America had better wake up quick. If this battle is lost, a tyrannical government limiting, not only your freedom of speech, but your overall freedom, will gain a most significant foothold, one which will likely never be able to be regained.  

Monday, November 24, 2014

A Crazy Diamond

Ticking away the moments that make up a dull day
You fritter and waste the hours in an offhand way.
Kicking around on a piece of ground in your home town
Waiting for someone or something to show you the way.

Tired of lying in the sunshine staying home to watch the rain.
You are young and life is long and there is time to kill today.
And then one day you find ten years have got behind you.
No one told you when to run, you missed the starting gun.

Time-Pink Floyd
This truly excellent piece by Jim Quinn over at his top notch website The Burning Platform is not only well worth your time, but must be defined as required reading.  Mr. Quinn, who I would not know if he rang the front doorbell, has remarkable knowledge of the economic and social adversities plaguing our nation and presents well thought out and referenced material backing his eloquent opinions, the majority of which I find to be right on target.
On many occasion, you can find the stellar work of Mr. Quinn re-posted over on Zero Hedge, certainly among the top sites anyone interested in economics, finance and the intervention of government around the global economy.

Quinn has an additional gift in matching lyrics of time tested material by the finest in music, most notably Pink Floyd, to assist in his demonstration.  Each of these efforts have been tremendous, as is his latest tying the classic Floyd tune "Time" to the citizenry failing to recognize "No one told you when to run, you missed the starting gun".

Intervention by government has placed the citizenry in a financial box by design. Seniors wealth is being eaten away and the difficulty of the young to obtain decent wealth levels has grown exponentially, strangled with a lack of quality available employment and extreme debt. 

In chasing the American dream, we are all "Shorter of breath and one day closer to death." 

Stealing wealth from the citizenry, eliminating employment opportunities through taxation and regulation places a stranglehold on those seeking prosperity through the freedom of the marketplace.  Some will achieve greatness in the face of this orchestrated adversity, but the greater majority will be beaten down by failure and succumb to the crowd whose monthly income is enhanced by government assistance.


It is important to note that those who are endowed enough to promise such benefits are equally able to take them away, unless you conform to their wished.  The electorate drowning in the sea of irrelevance described by Aldous Huxley become those "Kicking around on a piece of ground in your home town, Waiting for someone or something to show you the way".  

Think about all those who complain about "The Man", then go out and vote for those who employ "The Man", the progressive big government officials the low information voters think is working ever so hard to help them. All part of the Cloward & Piven strategy.

You cannot go out and discuss with the low information crowd the affects of price controls have on them, or how raising the minimum wage actually raises unemployment, makes life more difficult for those who receive the higher wage and limits choice of all of consumers.

Getting their attention can only be accomplished by an intervention in culture.  Glenn Beck is attempting this over at The Blaze, and Jim Quinn, through his utilization of Pink Floyd, often presents the compelling facts entangled with musical brilliance, which would shine like a crazy diamond for anyone who wishes to see.

 

Wednesday, October 8, 2014

Intellectual Squeeze


Excellent piece by Charles Hugh Smith via Zero Hedge, which presents clearly that as governments squeeze the top earners, who are also the employers, through taxation and regulation, it is in fact the middle class and lower income earners ( just the folks the rhetoric claims to attempting to help)  who pay the price.  Simply put, when you tax something, it produces less utility; or it cost more.
Charles Hugh Smith/oftwominds.com

It is simply to observe the lack of knowledge the low information crowd has in the realm of basic economic theory.  A classic example of this is the recent protests in front of fast food chains, demanding a higher hourly wage because the employer can supposedly afford it, rather than due to superior work performance by the employee.

Extra costs placed on corporations, or employers, are not just simply absorbed.  They place reductions on revenues, profits and limit choice, each of which negatively affects the consumer.  In fact, the pain is greater upon those who can least afford it; the low income/information crowd.

If the a large faction of the citizenry fails to recognize terrorist organizations of evil aiming the destruction of the US, we certainly cannot expect them to grasp basic economic principles.

Even at upscale and elite Harvard University, we have mind boggling levels of intellectual vacancies.