Superb video: Reagan vs. Obama – Social Economics 101

Some of you may have seen this video before but the lesson is ever more prescient and needed today. Winston Churchill said, “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”

My conservative philosophical mentor, Thomas Sowell, offered, “We have traded that which works, for that which sounds good.”

Being told everyone gets something for free sure sounds good, but as Milton Friedman said, “there is no such thing as a free lunch.” The problem is, someone always has to pay and according to President Obama’s progressive policy, it’s the people who actually produce something.

But as Margaret Thatcher said, “the problem with socialism is that you eventually run out of other people’s money.”

The reason why Obamacare is failing is because, as with all socialist policies, it’s rooted in the premise of wealth redistribution. And doggone it, but people just don’t like to give up their hard-earned wealth.

Share this video with your kids and see if they would like the concept of grade redistribution. Wanna know what a real American constitutional education looks like? Check out Hillsdale College.

It pains me to no end that we have so dumbed down our education system and allowed it to be permeated by progressive socialists that we were not able to totally reject this failed philosophy. Yet.

34 COMMENTS

  1. Like I have always taught, Socialism or Utopia will and can never work…The prime reason it will never work is someone must be in charge and that someone will garner more power over those they are charged with over seeing. Thus causing dissent and there goes Utopia, Everyone cannot be equal because there are those who strive to be better and those who do not have the desire to be better.

  2. exactly right, the one thing they left out was the ruling rich class that lives in ridiculous luxury while EVERYONE else has nothing, just look at China and Russia to see the truth of that…

  3. The problem though, republicans & democrats are the same mostly !!
    Our election options are: Bad or Worse…..I am reading a ton of conspiracy idea’s..noone wants to hear that, but LOOK all around of ALL the current FACTS !!

    • As the old song goes pacman, “It ain’t necessarily so.” In each party you will find those who do not go along in lock step with their party’s ideology. Republicans have some in their party who are more left than right, and in the Democrats there are some who lean more right than most in there party. Instead, think Conservative vs Liberal.
      If you want a less intrusive government, less taxes, more freedom, government that doesn’t give handouts, rather, a hand up, a strong defense, rather than depleting our military resources, then vote for a Conservative.
      If you want the government to insert itself into your personal life, because you think government knows better than you how to live your life, if you want to depend on government for your healthcare, food, housing, schooling, etc., etc., or worse yet, if you want to work hard to take care of yourself and your family, just to have your hard earned wages taken from you via excessive taxation, then handed over to others who DO NOT want to work for their own sustenance…remember Obama’s wealth redistribution goal, if you WANT to pay higher taxes to pay for all that, then the liberals are your choice.
      The choice is really pretty simple then…It just depends on which you want more,

      • A Boston Conservative is comparable to a Southern Liberal. The “R” only matters most in which area of the country he/she is from ,as Collins and Snow. I can’t explain McLame and Graham except traitors.

      • I, too am a great believer in CONSERVATIONIST vs. SOCIALIST.
        Neither party has kept this country in the path of the Constitution, so
        as I believe in the “Tea Party” Ideals as top conservationists. Another phase of belief bothers me. That is where everybody has to go to a
        college in order to become educated. There are many ways this can
        be achieved, study hard in school, self taught, Trade Schools.

    • This would go so far over his head…maybe Val jarrett can get some puppets and explain it to him, no she’s busy making secret deals with Iran…. nevermind!

  4. Good one. I had heard the story before, but never saw it animated. Allen West is an intelligent, articulate, great guy, by the way. We don’t just need someone like him in office; in order to really solve the problems we face as a nation, we need to deport half the country! Seriously. Half the country is composed of imbeciles. We’re doomed because you can’t teach dumbass to be responsible and intelligent. We’ll be better off, certainly, with republicans in charge, but still, we have clueless rinos like mccain with the dumbass idea that somehow it’s right to take a portion of our incomes and spend it on benefits for illegals. Oblama gave a billion dollars to Muslim Brotherhood! C’mon, wake up, America! He should be executed for treason for that – and for a couple dozen other violations of oath and constitution!

  5. Obama does understand it..he just does not care. Don’t you guys get it? Not even the USSR was a “Socialist” State. It was an oligarchy…the people a the top, the Politburo and the politicians had it made while people were starving. That’s exactly what is happening here and these are his intentions.

  6. The real sign that there is a purposeful attack upon capitalism is how many Obama administration members and Democratic Congressmen are openly calling Tea Party Republicans and anyone who wants to stop ObamaCare “terrorists.” There’s the clue. Even the clueless GOP should be able to see that. They are calling the reasonable people…the patriots…the people who believe in the Constitution … the people who believe exactly what the Founding Fathers believed…the people who want to take power away from corrupt politicians who have put America $17 trillion in debt…terrorists? That’s because they are Saul Alinsky-ing the GOP. The people trying to purposely hurt America, capitalism and the middle class…are calling the patriots by a terrible name to fool, confuse and distract the public.

    ObamaCare is a raving, rollicking, fantastic success. Stop calling it a failure. Here is what it was created to do. It is succeeding on all counts:

    1. ObamaCare was intended to bring about the Marxist dream — redistribution of wealth. Rich people, small business owners, and the middle class are being robbed, so that the money can be redistributed to poor people (who vote for Democrats). Think about it. If you’re rich or middle class, you now have to pay for your own health care costs (at much higher rates) AND 40 million other people’s costs too (through massive tax increases). So you’re stuck paying for both bills. You are left broke. Brilliant.

    2. ObamaCare was intended to wipe out the middle class and make them dependent on government. Think about it. Even Obama’s IRS predicts that health insurance for a typical American family by 2016 will be $20,000 per year. But how would middle class Americans pay that bill and have anything left for food or housing or living? People that make $40K, or $50K, or $60K can’t possibly hope to spend $20K on health insurance without becoming homeless. Bingo. That’s how you make middle class people dependent on government. That’s how you make everyone addicted to government checks. Brilliant.

    3. As a bonus, ObamaCare is intended to kill every decent paying job in the economy, creating only crummy, crappy part-time jobs. Why? Just to make sure the middle class is trapped, with no way out. Just to make sure no one has the $20,000 per year to pay for health insurance, thereby guaranteeing they become wards of the state. Brilliant.

    4. ObamaCare is intended to bankrupt small business, and therefore starve donations to the GOP. Think about it. Do you know a small business owner? I know hundreds of them. Their rates are being doubled, tripled and quadrupled by ObamaCare. Guess who writes 75% of the checks to Republican candidates and conservative causes? Small Business. Even if a small business owner manages to survive, he or she certainly can’t write a big check to the GOP anymore. Money is the “mother’s milk” of politics. Without donations, a political party ceases to exist. Bingo. That’s the point of ObamaCare. Obama is bankrupting his political opposition and drying up donations to the GOP. Brilliant.

    5. ObamaCare is intended to make the IRS all-powerful. It adds thousands of new IRS agents. It puts the IRS in charge of overseeing 15% of the U.S. economy. The IRS has the right because of ObamaCare to snoop into every aspect of your life, to go into your bank accounts, to fine you, to frighten you, to intimidate you. And Obama and his socialist cabal have access to your deepest medical secrets. By law your doctor has to ask your sexual history. That information is now in the hands of Obama and the IRS to blackmail GOP candidates into either not running, or supporting bigger government, or leaking the info and ruining your campaign. Or have you forgotten the IRS harassed, intimidated and persecuted critics of Obama and conservative groups? Now Obama hands the IRS even more power. Big Brother rules our lives. Brilliant.

    6. ObamaCare is intended to unionize 15 million healthcare workers. That produces $15 billion in new union dues. That money goes to fund Democratic candidates and socialist causes — thereby guaranteeing Obama’s friends never lose another election, and Obama’s policies keep ruining capitalism and bankrupting business owners long after he’s out of office.

    Message to the GOP: This isn’t a game. This isn’t tiddly-winks. This is a serious, purposeful attempt to highjack America and destroy capitalism. This isn’t a trainwreck. It’s purposeful suicide. It’s not failing, it’s working exactly according to plan. Obama knows what he’s doing. Stop apologizing and start fighting.

    • OutWest Landowner , it is so sad, but I am hardheaded, I expect I will die very soon during the white house revolution…i have 3 kids…99% of everyone i know, i tell them…they don’t understand….yes, our nation is “sold out” [email protected] Excellent & all true !

      • Pacman – I have been warning my friends and family since this dictator took office, but to no avail. They all think I am crazy and this could never happen to the US. I just hope it is not too late when they finally wake up. However, we cannot just give up without a fight.

      • God Bless You hal8196 !

        read this one buddy:: buzz me anytime…I am strong tea party for obvious reason.. [email protected] or

        https://www.facebook.com/roger.pack.52

        The real sign that there is a purposeful attack upon capitalism is how many Obama administration members and Democratic Congressmen are openly calling Tea Party Republicans and anyone who wants to stop ObamaCare “terrorists.” There’s the clue. Even the clueless GOP should be able to see that. They are calling the reasonable people…the patriots…the people who believe in the Constitution … the people who believe exactly what the Founding Fathers believed…the people who want to take power away from corrupt politicians who have put America $17 trillion in debt…terrorists? That’s because they are Saul Alinsky-ing the GOP. The people trying to purposely hurt America, capitalism and the middle class…are calling the patriots by a terrible name to fool, confuse and distract the public.

        ObamaCare is a raving, rollicking, fantastic success. Stop calling it a failure. Here is what it was created to do. It is succeeding on all counts:

        1. ObamaCare was intended to bring about the Marxist dream — redistribution of wealth. Rich people, small business owners, and the middle class are being robbed, so that the money can be redistributed to poor people (who vote for Democrats). Think about it. If you’re rich or middle class, you now have to pay for your own health care costs (at much higher rates) AND 40 million other people’s costs too (through massive tax increases). So you’re stuck paying for both bills. You are left broke. Brilliant.

        2. ObamaCare was intended to wipe out the middle class and make them dependent on government. Think about it. Even Obama’s IRS predicts that health insurance for a typical American family by 2016 will be $20,000 per year. But how would middle class Americans pay that bill and have anything left for food or housing or living? People that make $40K, or $50K, or $60K can’t possibly hope to spend $20K on health insurance without becoming homeless. Bingo. That’s how you make middle class people dependent on government. That’s how you make everyone addicted to government checks. Brilliant.

        3. As a bonus, ObamaCare is intended to kill every decent paying job in the economy, creating only crummy, crappy part-time jobs. Why? Just to make sure the middle class is trapped, with no way out. Just to make sure no one has the $20,000 per year to pay for health insurance, thereby guaranteeing they become wards of the state. Brilliant.

        4. ObamaCare is intended to bankrupt small business, and therefore starve donations to the GOP. Think about it. Do you know a small business owner? I know hundreds of them. Their rates are being doubled, tripled and quadrupled by ObamaCare. Guess who writes 75% of the checks to Republican candidates and conservative causes? Small Business. Even if a small business owner manages to survive, he or she certainly can’t write a big check to the GOP anymore. Money is the “mother’s milk” of politics. Without donations, a political party ceases to exist. Bingo. That’s the point of ObamaCare. Obama is bankrupting his political opposition and drying up donations to the GOP. Brilliant.

        5. ObamaCare is intended to make the IRS all-powerful. It adds thousands of new IRS agents. It puts the IRS in charge of overseeing 15% of the U.S. economy. The IRS has the right because of ObamaCare to snoop into every aspect of your life, to go into your bank accounts, to fine you, to frighten you, to intimidate you. And Obama and his socialist cabal have access to your deepest medical secrets. By law your doctor has to ask your sexual history. That information is now in the hands of Obama and the IRS to blackmail GOP candidates into either not running, or supporting bigger government, or leaking the info and ruining your campaign. Or have you forgotten the IRS harassed, intimidated and persecuted critics of Obama and conservative groups? Now Obama hands the IRS even more power. Big Brother rules our lives. Brilliant.

        6. ObamaCare is intended to unionize 15 million healthcare workers. That produces $15 billion in new union dues. That money goes to fund Democratic candidates and socialist causes — thereby guaranteeing Obama’s friends never lose another election, and Obama’s policies keep ruining capitalism and bankrupting business owners long after he’s out of office.

        Message to the GOP: This isn’t a game. This isn’t tiddly-winks. This is a serious, purposeful attempt to highjack America and destroy capitalism. This isn’t a trainwreck. It’s purposeful suicide. It’s not failing, it’s working exactly according to plan. Obama knows what he’s doing. Stop apologizing and start fighting.

    • So very well stated. It seems to me that they are moving past socialism and into full blown communism. They are gearing up for martial law, and are just waiting for crisis to “light the fuse”.If 100 million people lose their medical insurance it may just start the uprising that the communists expect.

  7. This looks like a portion of the feature film “I Want Your Money,” which had a limited theater run a few years ago. I loved it!

  8. I live in Hungary. 34-35 days per year vacation is average in Europe – dictated by countries. Yesterday, my neighbor who make lots of bad choices – over 30, female – going to a gardening class sponsored by the EU (my taxes) – she’ll never get a job in it. Another student goes to EU sponsored English language classes for those without jobs – she’s a housewife, her husband has plenty of money – she’ll never get a job, doesn’t want one, doesn’t need one. They are throwing socialism everywhere so people – lazy people will vote for the free lunch. IT’s really, really bad.

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