Sunday, June 20, 2010

Fighting To Protect Private Property Rights & Freedom

Throughout history, there has been a direct correlation between property rights and freedom. People living in countries that deny property rights experience tyranny. Property is not just real estate. Property is all assets including real estate, stocks, bonds, cash, gold and personal property; in other words wealth in all its forms. Socialists and Communists do not believe in property rights. President Obama and the Socialists who control Congress believe that government has the right to confiscate personal assets, without our consent, for the "common good" and or to impose their definition of "social justice", which are just code words for the redistribution of income and wealth.

Over the years, the United States government has imposed a confiscatory progressive income tax so much so that about 50% of Americans pay to support our country, while the other 50% pays little or nothing. Clearly, there are now tax payers and tax users with no end in sight if the Socialists are allowed to continue their destructive policies. In general, tax users vote for Socialists because like drug addicts hooked on narcotics, they are addicted to big government spending as the basis for their sustenance. Tax users are willing to give up their freedoms in exchange for government assistance of varying kinds. In the process, tax payers are also losing our rights and freedoms against our will; hence the reason for the Tea Party Movement. We are standing up to say HELL NO.

While there is a place for eminent domain in society to take private property when there is an overriding common good to be gained, in some cases today, government is implementing eminent domain to take private property in order to give it to private enterprise in the name of greater tax generation for government. This is a clear abuse of government power that must be stopped by Constitutional Amendment, if necessary.

Incompetent Socialist President Obama basically stole the assets of General Motors from their legitimate owners, the corporation's creditors and bond holders and unilaterally gave those assets to the United Auto Workers union, without providing proper compensation in accordance with the rule of law. This action was nothing more than a corrupt political pay back to Obama's union supporters. This sort of thing happens in Communist countries and banana republics run by dictators all the time; but generally does not occur in countries with established property rights. While BP should be held totally responsible for dealing with the oil spill clean up and the damages coming from it, the $20 Billion shakedown implemented by Obama of BP is outside the President's Constitutional authority. Further, the notion that the President should be controlling the compensation of executives that work in private enterprise is another violation of property rights. The owners of private, or publicly traded companies, generally through a board of directors, have the sole right to control executive compensation, not the President of the United States. The last time we checked, we are not living in the former Soviet Union, or Communist China; though there are days, under Obama, that our nation is beginning to look and feel like a Communist country.

When the Bush tax cuts expire on December 31, 2010, many people will be paying combined federal and state income tax rates above 50%. When combined with all other sales, property, estate, capital gains, dividend and various other taxes, the total tax paid by millions of Americans could be well over 60% of income. How is this different than living in a Communist country? While paying a fair share makes sense, this tax burden is way beyond anything ever envisioned by our Founding Fathers who fought a revolutionary war to end excessive taxation and tyranny. And, so here we are again.

President Obama, Reid and Pelosi and the other Socialists that control Congress endorse this confiscatory tax policy and would even go further if permitted to do so. These Socialists do not believe in private property. At every turn, Socialists attack private property rights as they seek to redistribute income. The only problem with these Socialist Schemes is that they lead to slower growth, high unemployment, a lower standard of living and ultimately a loss of freedom for all. History is the best teacher proving that the Socialist path is a road to economic and national ruin.

We must fight to protect our property rights as inherent to our freedom by electing Conservatives in 2010 and 2012 who support free market capitalism and private property rights, limited government, lower taxes and less regulation, a balanced budget, term limits, a strong national defense including securing our border and fighting Terrorism, real energy independence and health care reform, the right to bear arms, the sanctity of life and family values. Most important, we must elect Conservatives who support the Constitution, as written by our Founding Fathers, not as contrived by Socialists, Obama, Reid and Pelosi, former Presidents, Congresses, or the Courts. We must take back our country in 2010 and 2012. We can do it. We will do it for the sake of our children, grandchildren and freedom.

No comments:

Post a Comment