Left And Right Politics

Last night CNBC had a program on hosted by Maria Bartiromo titled The Future Of Capitalism. The show had a panel of “experts” for a meeting of the minds. I have to say that some of the guest had more to offer than others.

The panel consisted of Larry Fink, the Chairman of Blackrock, Shelly Lazarus, the Chairman of Ogilvy & Mather, Vikram Pandit, the CEO of Citigroup, Marc Morial, the CEO of The National Urban League, Mohamed El-Erian, the Chairman of PIMCO, Cliff Asness, Chairman of AQR Capitol Management and Jack Welch, the former CEO of GE. I expected the show to be enlightening, but as the show went on that was not the case.

It was evident that many on the many on the panel didn’t want to rock the boat with the government (namely the Obama Administration) by saying anything negative against it’s policies. Jack Welch was the most interesting and honest of them all.

Throughout the show they touch on many key topics that are in the news today in regards to the economy. One of them being the fact that we are in a crisis of governance not credit. I do agree with that statement, but no one on the panel would even go further into the subject.

The one thing that did not sit well with me was the comment that was made by Marc Morial which was that capitalism needs to be reformed. As Larry Fink said, capitalism is not broken. Capitalism is what built this country to what it is today. Our constitution is based on that principal. Morial also stated that capitalism needed to be shared equally by the people. I disagree with that statement since capitalism is based on a person’s effort to work hard and strive for more. It’s not something that is just given out.

We are in an age of leverage, an age of entitlement as well as an age of self regulation. Unless we as a country live a moral and honest way of life, we will not remain the super power that this great notion is known for. We can not live outside our own means, we are not entitled to anything that we didn’t work for and we should only regulate ourselves if we can remain honest and have morals.

What we need more of is less government involvement and less taxes. We do not need government and private business to come together, what we need is government to stay out of the private sector.

Tags: Economy, mainstream media

Wouldn’t that line from “Stuck In The Middle With You” make a great slogan for the Libertarian party? LOL

Speaking of the left, seems a growing number of them are dissatisfied with Obama. Josh Gerstein from Politico writes;

Barely four months into his presidency, Obama is confronting growing dissatisfaction among members of his liberal base, who feel spurned by a series of his early decisions on issues ranging from guns to torture to immigration to gay rights. A few, like MSNBC’s Rachel Maddow, have even hurled the left’s ultimate epithet – suggesting that Obama’s turning into George W. Bush. For liberals who viewed Obama as something of a savior after eight years of Bush, the discontents are piling up.

A growing number of organizations, bloggers and pundits, many of whom kept quiet about slights in Obama’s first few months, are now going public with their disillusionment.

Michael Meyers of the New York Civil Rights Coalition said many Obama supporters (with support from voices on the right) built him up to be more of a liberal icon than his public speeches and writings ever justified.

“They invested in Obama everything they wanted the next president to be. They thought, ‘He’s black, liberal, anti-Iraq War… urban, young.’ He was all of that and smart and he went to a radical church. They just knew,” Meyers said. “They exaggerated him. They saw him as a messiah. No president is a messiah.”

“He’s not the person that people thought he was,” Meyers said. “The left is finding that out and the right is finding that out.”

Also from Politico, Andy Barr writes about Republican leaders who are backing Cheney’s criticism of Obama;

Republican leaders on Sunday backed Dick Cheney’s attacks on President Barack Obama, calling the former vice president
a strong asset for the party.

“It doesn’t hurt us, it helps us,” House Minority Leader John Boehner said on CNN’s “State of the Union,” calling Cheney a “big member in our party.”

Senate Minority Leader Mitch McConnell (R-Ky.) said ” We know Obama changed his mind in Iraq and decided to follow the advice of the military generals, and we also know that he’s now ordered a surge in Afghanistan just like the one that was successful in Iraq. So I think the administration has responded to the critique of the vice president” that the country is moving in the “wrong direction on national security issues.”

Tags: Bush, CNN, gay rights, immigration, libertarian, libertarian party, military, MSNBC, National Security, Obama, obama supporters, republican party

Many Americans know the first few words of the U.S. Constitution, but other than that, that’s about it. This country was built on the fundamentals of the Constitution and the Bill of Rights. Unfortunately, we seem to be moving away from that type of government and going towards a path of socialism. What our fore fathers put together was a government that said that all men are created equal and have freedoms that no other man or government can take away from them.

Life, liberty and the pursuit of happiness.

It doesn’t mean that any one person has a right to happiness, it means that they have the right to pursue happiness. This country was built so a free man can go ahead and make something for himself and his family. Just because you are in this country, doesn’t mean that you are entitled to what this country has to offer. No one owes any other person something just because that person exists.

Over the next few posts you will see the U.S. Constitution as well as the Bill of Rights posted here to help you see what greatness this country was meant for. Our fore fathers came to this country to escape tyranny and over taxation from the government that controlled them without representation.

This is the part of the U.S. Constitution that most people recognize. this section is the preamble.

“We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.”

Tags: constitution, libertarian, libertarian party, taxes

WASHINGTON — Despite a deep financial crisis and the election of a left-wing president, political independents still see “big government” as a greater threat than “big business” by an unchanged two-to-one margin, America’s third-largest party notes today.

“Independent voters believed Candidate Obama when he said he would be mainstream. Their trusting votes gave him a narrow victory,” said Donny Ferguson, Libertarian National Committee Communications Director. “But now that the real Barack Obama has revealed himself, they’re not following his bootlegger turn toward the radical left. They still believe the same Big Government that Obama promises as our global salvation will be America’s undoing.”

“Only one party in America agrees with independent voters, and that is the Libertarian Party,” said Ferguson. “Republicans spent 14 years fattening government with their ever-escalating budgets. Even the Republican ‘alternative budget’ called for massive deficits and bigger spending.”

“Once again, Libertarians are the only mainstream party in America. Only Libertarians will reduce the size and cost of government. Obama and the Republicans have us spiraling towards national bankruptcy.”

A Rasmussen Reports poll released Monday asked 1,007 adults “which of the following will be the biggest threat to the country in the future –”big business”, big labor or “big government?” Fifty-nine percent (59%) of politically independent Americans viewed “big government” as the greatest threat, virtually unchanged from the 60 percent measured the last time the question was asked in 2006 – before the financial crisis and election of Barack Obama.

Only 30 percent answered “big business” and 8 percent answered “big labor,” both also virtually unchanged from the 26 percent and 10 percent measured in 2006.

Since the question was asked major financial crises have weakened the economy and the White House has been occupied by a president pushing radical expansions of government size and power — with virtually no effect on independents. The poll has a margin of error of plus or minus three percent.

The poll was released on the same day the White House released numbers showing the economy performing worse than Obama promised, and the federal budget deficit growing to a size four times larger than the 2008 Bush record. Under Obama, the federal government will borrow nearly 50 cents for every dollar it spends, an unsustainable and inflationary level of borrowing.

In more bad news for Obama, the only Americans buying into his opposition to capitalism are largely those who already voted for him, leaving little room to expand his support.

Democrats in 2006 feared “big government” more than “big business” by a 55 percent to 32 percent margin. Following in lockstep with Obama, they have flipped their views. Now, Democrats fear job creators more than government by a 52 percent to 32 percent margin.

Opposition to “big government” grew among grassroots Republicans, though their party leadership doesn’t seem to share that view, based on their “alternative budget.” In 2006, Republicans feared “big government” more than “big business” by a 68 percent to 18 percent margin. That grew in 2009 to 80 percent to 10 percent.

“Grassroots Republicans oppose Big Government and want a party that agrees with them. Once again, the Libertarian Party is the only party that proposes cutting spending. We don’t follow the still-vibrant Republican tradition of making government bigger and costlier each year,” said Ferguson.

For more information on this issue, or to arrange an interview with the Libertarian Party, please call Director of Communications Donny Ferguson at 703-200-3669 or 202-333-0008, x. 225, or email Donny.Ferguson@lp.org.

The Libertarian Party is America’s third-largest political party, founded in 1971 as an alternative to the two main political parties. You can find more information on the Libertarian Party by visiting http://www.LP.org. The Libertarian Party proudly stands for smaller government, lower taxes and more freedom.

Tags: America, Bush, Economy, independent voters, Independents, libertarian, libertarian national committee, libertarian party, Obama, political independents, Politics, republican party, taxes