Are 401(k)s safe from congressional Democrats?
By JAMES TARANTO
"If you have a 401(k) or equivalent retirement plan, you've probably been watching nervously the past few weeks as your nest egg has shrunken owing to the current turmoil in the markets.
Well, it could be worse. But don't take heart, for what we mean is it could get worse. The market turmoil has some politicians on Capitol Hill eyeing the end of the 401(k) as we know it. "
http://online.wsj.com/article/SB122477680834462659.html
About Me
- ...
- Business, Free Enterprise and Constitutional Issues; Pro-Life and Pro Second Amendment. Susan Lynn is a member of the Tennessee General Assembly. She serves as Chairman of the Consumer and Human Resources subcommittee, a member of the Finance Ways and Means Committee and the Ethics Committee. She holds a BS in economics and a minor in history.
Monday, October 27, 2008
The Age of Prosperity is Over
Art Laffer's WSJ Opinion
"Every $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of getting government involved.
If you don't believe me, just watch how Congress and Barney Frank run the banks. If you thought they did a bad job running the post office, Amtrak, Fannie Mae, Freddie Mac and the military, just wait till you see what they'll do with Wall Street."
Read more - http://ssomail.charter.net/do/redirect?url=http%253A%252F%252Fonline.wsj.com%252Farticle%252FSB122506830024970697.html
"Every $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of getting government involved.
If you don't believe me, just watch how Congress and Barney Frank run the banks. If you thought they did a bad job running the post office, Amtrak, Fannie Mae, Freddie Mac and the military, just wait till you see what they'll do with Wall Street."
Read more - http://ssomail.charter.net/do/redirect?url=http%253A%252F%252Fonline.wsj.com%252Farticle%252FSB122506830024970697.html
Sunday, October 19, 2008
How to Read the Constitution
The following is an excerpt from Supreme Court Justice Clarence Thomas's Wriston Lecture to the Manhattan Institute last Thursday
The Wall Street Journal, October 20, 2008, Read article... http://online.wsj.com/article/SB122445985683948619.html
"The Declaration of Independence sets out the basic underlying principle of our Constitution. "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness. -- That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed . . . ."
The framers structured the Constitution to assure that our national government be by the consent of the people. To do this, they limited its powers. The national government was to be strong enough to protect us from each other and from foreign enemies, but not so strong as to tyrannize us. "
The Wall Street Journal, October 20, 2008, Read article... http://online.wsj.com/article/SB122445985683948619.html
"The Declaration of Independence sets out the basic underlying principle of our Constitution. "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness. -- That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed . . . ."
The framers structured the Constitution to assure that our national government be by the consent of the people. To do this, they limited its powers. The national government was to be strong enough to protect us from each other and from foreign enemies, but not so strong as to tyrannize us. "
Obama Is Wrong About Colombia
Labor unions are much safer under Uribe.
Barack Obama gets his facts wrong during the presidential debate. The Americas columnist Mary Anastasia O'Grady explains the gaffe to Kelsey Hubbard.
Wall Street Journal, Oct. 20, 2008
Link...http://online.wsj.com/article/SB122445952046648609.html
Link video...http://online.wsj.com/video/obama-misspeaks/171CEB77-7B3E-4FFB-BE20-D81A31990AF3.html
Barack Obama gets his facts wrong during the presidential debate. The Americas columnist Mary Anastasia O'Grady explains the gaffe to Kelsey Hubbard.
Wall Street Journal, Oct. 20, 2008
Link...http://online.wsj.com/article/SB122445952046648609.html
Link video...http://online.wsj.com/video/obama-misspeaks/171CEB77-7B3E-4FFB-BE20-D81A31990AF3.html
Obama's Carbon Ultimatum
The coming offer you won't be able to refuse.
The Wall Street Journal, Opinion, October 20, 2008
"Normally a democracy reaches consensus through political debate and persuasion, but apparently for Mr. Obama that option is merely a nuisance. It's another example of "change" you'll be given no choice but to believe in."
Read more...http://online.wsj.com/article/SB122445812003548473.html
The Wall Street Journal, Opinion, October 20, 2008
"Normally a democracy reaches consensus through political debate and persuasion, but apparently for Mr. Obama that option is merely a nuisance. It's another example of "change" you'll be given no choice but to believe in."
Read more...http://online.wsj.com/article/SB122445812003548473.html
A Liberal Supermajority
Get ready for 'change' we haven't seen since 1965, or 1933
The Wall Stree Journal, Opinion, October 17, 2008
The Wall Stree Journal, Opinion, October 17, 2008
If the current polls hold, Barack Obama will win the White House on November 4 and Democrats will consolidate their Congressional majorities, probably with a filibuster-proof Senate or very close to it. Without the ability to filibuster, the Senate would become like the House, able to pass whatever the majority wants.
Though we doubt most Americans realize it, this would be one of the most profound political and ideological shifts in U.S. history. Liberals would dominate the entire government in a way they haven't since 1965, or 1933. In other words, the election would mark the restoration of the activist government that fell out of public favor in the 1970s. If the U.S. really is entering a period of unchecked left-wing ascendancy, Americans at least ought to understand what they will be getting, especially with the media cheering it all on.
Read the rest...http://online.wsj.com/article/SB122420205889842989.html
Though we doubt most Americans realize it, this would be one of the most profound political and ideological shifts in U.S. history. Liberals would dominate the entire government in a way they haven't since 1965, or 1933. In other words, the election would mark the restoration of the activist government that fell out of public favor in the 1970s. If the U.S. really is entering a period of unchecked left-wing ascendancy, Americans at least ought to understand what they will be getting, especially with the media cheering it all on.
Read the rest...http://online.wsj.com/article/SB122420205889842989.html
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