ObamaCare SCOTUS Ruling – Momentum for the Socialists and Marxists

I responded to a blog site http://www.returntoexcellence.net regarding the June 28, 2012 ObamaCare Supreme Court Ruling

you are spot on pointing out the open ended right for the government to ‘tax a non activity’.  This generates an incredible amount of momentum to the Left’s drive for socialism and confiscation of our freedoms.  The Socialist and Marxist Democrats and the belly dancers were jumping for joy after the SCOTUS ObamaCare ruling.  Now there is Democrat talk of forced unionization of all doctors.

We must reverse this momentum ASAP.  I doubt we will have that opportunity in 2016.  I doubt that our foreign creditors will allow our debt to increase to 21.5 trillion with our GDP at 17 trillion (debt growing at approx 1.5 trillion/year and GDP at 2%/year – my own private projection).  The time to act is now – 2012 with Republicans taking the WhiteHouse, House, and Senate with 60, and immediate repeal of ObamaCare.

We must do all possible to thwart the creation of the following:

A new 1% that BO is creating that consists of a ruling elite that includes the Democratic Party with their powerful czars and heads of agencies such as EPA implementing CapnTrade and NLRB preventing companies to expand in right to work states and Energy Dept wasting billions on ventures no private entrepreneur would touch, a HUD that continues mandates for banks to loan to those who cannot repay,  33 new ObamaCare Agencies to ration health care,  DoddFrank administrators threatening to rule on financial matters they have no clue about, etc.  This new 1% will be a 21st century Politburo.

BO is currently decimating the current 1% via DoddFrank and continuing war on capitalism.  BO likes to state that he is helping the middle class.  Rather he is shrinking the middle class by providing so many entitlements that many loose work incentive and their private industry earning potential.  In early 1980’s 18% paid no income taxes.  In 2011 49% did not.  BO continues to increase the ‘Dependent of Government’ or ‘DOG’ class that will perpetually vote Democrat.  This will allow the new 1% a life of extreme luxury while all others suffer and loose many freedoms.

Mitt Romney greatly appreciates the profit incentive for economic prosperity and promises to unleash development of our newly discovered hordes of oil and natural gas.  That by itself in several years may generate over 1,000,000 new jobs.

What to do?  Support Mitt and especially support all Senate races so we can reach 60 filibuster proof majority.  And right here in New Jersey – join ‘Anna’s Army’, Anna Little for Congress to defeat one of BO’s strongest ObamaCare supporters – Frank Pallone.


About economics501

1 - free market Capitalist; 2 - Fitness Entrepreneur; 56 years old, VP at an Investment Bank in NYC, ex Venture Capitalist, happily married with 2 girls. Education: Rutgers and NYU. I allow Ted Hruzd, my friend to blog at will here. He has many posts here. I have known Ted since we were both students at NYU. Ted also works for an Investment Bank as a VP in Equity Global Markets. ------------------------- I was very very Socialist leaning as a 22 year old. I then strongly believed in Gov role in helping the poor. However, as a USDA Child Nutrition Programs, I personally accounted for millions of fraud, abuse, and waste of tax payer money. I came to believe that the poor would be best served with less Gov programs and more with direct aid via tax system. Then after 5 years I became a free market capitalist, was a venture capitalist in 2007 and helped start 2 high tech companies. I dedicate this site to champion free market capitalism as the best road to Prosperity. Please join in. If you disagree, fine, but please post with dignity and class and be civil. Argue with facts always.
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