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April 07, 2008

Red Diaper Baby: Barck Hussein Obama's Father Favored Hardcore Socialism

How hardcore? Try one hundred percent taxation rates, yo.

Though I understand that with charitable giving and investment in socially conscious corporations you could reduce that 100% rate down to 100%.

The guy's a pink, man. Apple, tree, a distance measured in inches.

Obama [the Elder] stakes out the following positions in his attacks on the white paper produced by Mboya's Ministry of Economic Planning and Development:

1. Obama advocated the communal ownership of land and the forced confiscation of privately controlled land, as part of a forced "development plan", an important element of his attack on the government's advocacy of private ownership, land titles, and property registration. (p. 29)

2. Obama advocated the nationalization of "European" and "Asian" owned enterprises, including hotels, with the control of these operations handed over to the "indigenous" black population. (pp. 32 -33)

3. Obama advocated dramatically increasing taxation on "the rich" even up to the 100% level, arguing that, "there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay" (p. 30) and that, "Theoretically, there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed." (p. 31)

And so much more.


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posted by Ace at 04:05 PM

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