Lest We Forget Chinagate, Most Serious Scandal in US History

Socialism is not the Answer

http://cdn.lifedaily.com/wp-content/uploads/2016/02/02-bill-and-hillary.jpg Image via lifedaily.com

Independent Sentinel

The “Chinagate” fundraising scandal plagued the 1996 Bill Clinton-Al Gore campaign and Hillary was very much involved.  Chinagate aka Commercegate is the most serious scandal in U.S. history. It involves the transfer of America’s most sensitive technology, including but not limited to nuclear missile and satellite technology, apparently in exchange for millions of dollars in contributions to the 1996 Clinton-Gore re-election effort and the Democratic National Committee.

The Chinagate scandal of 1996 ended up in an award of 900,000 in attorney’s fees and costs to Judicial Watch ten years later.

The scandal was an apparent scheme by the Clinton administration to sell seats on taxpayer-funded trade missions in exchange for campaign contributions to the 1996 Clinton-Gore campaign.

Judicial Watch began an investigation and Clinton administration officials deliberately concealed and destroyed records regarding the trade mission and testimony was falsified.

View original post 707 more words

Hillary Clinton: A Career Criminal

Socialism is not the Answer

Just a few (25) of the scandals, lies, and criminal activity of Hillary Clinton.

View original post

Paul Krugman Beclowns Himself…Again

International Liberty

I sometimes feel guilty when commenting on Paul Krugman’s work.

In part, this is because I don’t want to give him any additional attention, but mostly it’s because it’s too easy. Like shooting fish in a barrel.

His advocacy of Keynesian economics, for instance, makes him a very easy target.

And it’s always amusing to cite his words when exposing horror stories about the U.K.’s government-run healthcare system.

That being said, I feel obliged to write about Krugman when he attacks me or the Cato Institute.

View original post 591 more words

Federal Government Waste Exploded Under Obama, Data Show

Socialism is not the Answer

http://media.cagle.com/127/2013/03/15/128788_600.jpgFree Republic

Big Government: The federal government wasted more than $100 billion on over payments last year. It knows this, even tracks it, but somehow can’t seem to stop it. Is there a better indication that government is too big?

A federal website called Payment Accuracy tracks in great detail what it calls “improper payments” made by the federal government through Medicare, Medicaid, farm programs, school lunch programs and others to contractors, doctors, students, and so on.

Last year, the government made $126 billion in over payments, nearly double the amount of made in President Bush’s last year.

Improper payments in Medicare, for example, went from $10 billion in 2008 to $43 billion last year; and for Medicaid, the figured jumped from $19 billion to $29 billion.

The Payment Accuracy site notes that the government also underpaid by $11 billion last year. Still, at $115 billion, the net overpayment just…

View original post 124 more words

The Motto of Sanders Voters: “Socialism is fun so long as someone else is paying for it”

International Liberty

My favorite Margaret Thatcher moment might be when she pointed out there’s no such thing as public money, only taxpayer money.

Or perhaps when she exposed leftists for being so fixated on class warfare that they would be willing to hurt the poor if they could hurt the rich even more.

That being said, I wouldn’t be surprised if most people instead chose Thatcher’s famous line about socialism and running out of other people’s money.

Which is a great line that cleverly pinpoints the ultimate consequence of statism. Just think Greece or Venezuela.

But what can we say about starting point rather than end point? Why do people get seduced by socialism in the first place?

For part of the answer, let’s turn to the famous quote from George Bernard Shaw about how “A government which robs Peter to pay Paul can always count on the support of…

View original post 662 more words

Everything You Wanted to Know about the Economics of Redistribution in One Image

International Liberty

Incentives matter.

Sometimes that can be explained with wonky discussions of marginal tax rates or welfare traps.

But that may not be the best approach when trying to convince someone with no aptitude for economics. So what’s the best way of introducing such concepts to, say, a Bernie Sanders supporter?

You can point to the economic chaos in places such as Greece and Venezuela and explain that Margaret Thatcher was right when she warned that socialists eventually run out of other people’s money.

But that’s probably not too effective because they’ll simply point to Sweden and Denmark and you’ll have a hard time educating them that those countries became successful when government was small and that they’ve been falling behind ever since big welfare states were imposed.

So perhaps we first need to help them understand very simple notions.

That’s why, when trying to introduce basic concepts, I’ll often…

View original post 296 more words

Socialism Is Dying Everywhere — Except The U.S.

Socialism is not the Answer

https://www.investors.com/wp-content/uploads/2016/05/EDIT2-hugo-051316-AP.jpgInvestors.com

Socialism: Around the world, nations that have been foolish enough to adopt socialist policies either collapsed or are well on their way to doing so. Why, then, are so many in the U.S. enthralled with the idea?

A quick look at the world’s countries in direst economic shape reveals that many, if not most, have one thing in common: They rely on top-down socialist control, rather than free markets, to run their economies. The former, history amply shows, are doomed to fail. There are no long-term socialist success stories. None.

View original post 368 more words

Taxing Lessons from Europe for Hillary Clinton (a Supposed Fiscal Conservative)

International Liberty

I wrote yesterday about the Obama Administration’s head-in-the-sand approach regarding the anti-competitive nature of America’s corporate tax system (though maybe fiddling while Rome burns is a better metaphor).

Fortunately, some nations have more sensible policy makers. Even in Europe, which might come as a surprise to the pair of class warriors battling for the Democratic nomination.

Consider, for instance, what’s happening in Norway.

Norway will cut the corporate income tax rate to 23 percent from the current 27 percent by 2018…the country’s political parties announced on Wednesday. The basic personal tax rate will also be cut to 23 percent from 27 percent. …As part of the deal, further reductions in the company tax rate will be considered in the future. The compromise included…a small cut in Norway’s wealth tax.

What’s most remarkable about this story from Scandinavia is not that there’s a tax cut, though that surely would be a…

View original post 1,098 more words

Climate “Science”?

Indyfromaz's Blog: The Thoughts of An Independent Arizonan

climateAnalytical Economist reports predictions from climate change alarmists go awry so often that at this rate the only way they’ll be able to save themselves from embarrassment is if they make their doomsday predictions so far out in the future that they’ll be dead before we can check them on it.

View original post 402 more words

State Department Hid Key Clinton Benghazi Email from Judicial Watch

Socialism is not the Answer

Email Info Could Have Exposed Clinton Server in 2014

Judicial Watch

(Washington, DC) – The Obama State Department last week admitted it withheld a key Benghazi email of former Secretary of State Hillary Clinton from Judicial Watch since at least September 2014.  If the State Department disclosed the email when first supposedly found, Clinton’s email server and her hidden emails would have been disclosed nearly two years ago, before Clinton authorized the alleged deletion of tens of thousands of emails.

The developments come in a July 2014 Freedom of Information (FOIA) lawsuit seeking records related to the drafting and use of the Benghazi talking points (Judicial Watch v. U.S. Department of State (No. 1:14-cv-01242)).  The lawsuit, which forced the disclosure of the Clinton email records, seeks records specifically from Clinton and her top State Department staff:

Copies of any updates and/or talking points given to Ambassador Rice by the…

View original post 389 more words

Follow

Get every new post delivered to your Inbox.

Join 4,664 other followers