Obama Sr.s apple did not fall far from the tree
There’s an old saying about an apple not falling far from the tree.
This appears to be particularly true when it comes to Barack Hussein Obama whose economic plan sounds much like one his communist father tried to inflict on Kenya some 40 years ago.
He, at the time, pushed massive taxes and welfare relief disguised as "investments."
Barack Hussein Obama, Sr. recommended the Kenyan government "redistribute" income through higher taxes, demonized corporations and called for massive government "investment" in social programs.
In a 1965 paper, Obama’s late father condemned the administration of then-President Jomo Kenyatta for rejecting socialism and instead moving toward capitalism.
Obama Sr. resisted the notion of relying on private investors who would earn dividends on their investment to develop the country’s emerging economy.
The senior Obama, a Harvard-educated economist, wrote, "What is more important is to find means by which we can redistribute our economic gains to the benefit of all."
He went on to say, "This is the government’s obligation."
The "means" he had in mind involved confiscatory taxes on a massive scale.
Obama Sr. postulated as to how "… there is nothing that can stop the government from taxing 100 percent of income so long as the people get benefits from the government commensurate with their income which is taxed."
He added, "I do not see why the government cannot tax those who have more and siphon some of these revenues into savings which can be utilized in investment for future development."
So, in the view of Obama’s father taxes couldn’t be too high so long as everyone benefitted.
Now his son is pushing massive taxes and "investments" in social programs, all at the sacrifice of free enterprise.
He wants to raise the top marginal income tax rate to 39 percent, while increasing Social Security taxes by removing the payroll cap on those with higher incomes.
What that means is that many businesses would be paying a federal tax rate of 54 percent.
Additionally, Senator Obama wants to increase the capital gains tax rate and reinstate the death tax.
Taking words from his father, he says the government should impose "tax laws that restore some balance to the distribution of the nation’s wealth."
What these words really mean is punishing the successful and redistributing their wealth by government fiat to those in need.
As Karl Marx stated: "From those according to their ability to those according to their need."
Indeed, Obama Sr. extolled the virtues of Marx by writing, "One who has read Marx cannot fail to see that corporations are not only what Marx referred to as the advanced stage of capitalism."
He went on to state that Marx even called it finance capitalism by which a few would control the finances of so many, and through this, have not only economic power but political power as well.
Senator Obama makes it clear through his writings and speeches that he is no fan of business or our system of, as he put it in Audacity, "chaotic and unforgiving capitalism."
There is one dramatic difference between Sr. and Jr., however. Sr. was labeled a troublemaker because he was verbal and open in his beliefs and called on the carpet.
Junior has learned that revealing his true beliefs could jeopardize his pursuit of the power needed to put Sr.’s "redistribution" and "investment" plan into effect.
As a side note to all this, the Washington Times recently carried a story about one of Obama’s trusted advisors: George "Looney" Clooney.
It seems the two text and e-mail on a regular basis, talking on the phone several times a week.
George apparently advises him on a variety of things from public speaking and appearance to policy.
It’s well known that "Looney" Clooney is very pro-Palestinian so one can only imagine of what that advice consists.
Certainly, he would say Obama should be more "open" in his relationship with Israel.
In other words, toss them under the truck.
And, to boot, word has it "Looney" is making a movie about the lawyer that represented Osama bin Laden’s driver, Salim Ahmed Hamdan, on charges of terrorism.
That should go well with all the other patriotic movie work "Looney" has done.
They do, indeed, make quite a pair.
George Clooney for Secretary of State!