Tag Archives: “economics” “Economics501” “socialism” “capitalism” “total debt” “employment” “tax cuts”

Answer Karl Marx Capitalism Prediction with the Fair Tax

Karl Marx predicted that capitalism contains the seeds of its own destruction.  That is correct if a capitalist government embarks on an extensive and ultra progressive tax system to finance excessive entitlements.  Marx succinctly stated this strategy would eventually lead … Continue reading

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Will Bill O’Reilly be tough enough to ask questions about Marxism?

Bill O’Reilly encourages us to send him questions for his pre Super Bowl Obama Interview.  Here is my top 1: Hey Bill – with no evidence against Paul Ryan, the Left states he is out to gut health care and … Continue reading

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China may pull Treasures, lead to Dollar collapse & Aftershock Economy, pending BO Economy, ObamaCare, Debt Debacles

China may pull Treasures, lead to Dollar collapse & Aftershock Economy, pending BO Economy, ObamaCare, Debt  Debacles         US $ collapse is a definite possibility. China is closely watching our economy; they may pull the trigger that … Continue reading

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Decelerate (Reverse) Drive to Socialism

  A 3rd Party (or Republican Party collapse) will accelerate Democrats drive to complete Socialism.  Is this inevitable?  Consider that many (majority?) Americans believe Capitalism has failed and that free markets + limited Government hurt the poor and middle class.  … Continue reading

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Marxism vs Socialism – Part 4 – Marx to Lenin, Stalin, Mao, maybe Alinsky and maybe Obama

Marxism vs Socialism – Part 4 – Marx to Lenin, Stalin, Mao, maybe Alinsky and maybe Obama Marx to Lenin, Stalin, Mao, and MAYBE Alinsky, and MAYBE Obama …. This is a March 17, 2013 update or Part 4 of … Continue reading

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Aftershock Economy’s Wiedemer Comments Regarding Immediate Economic Choices

Aftershock Economy’s Wiedemer Comments Regarding Immediate Economic Choices Robert Wiedemer stated the US now can choose to take a mild recession or kick the can down the road, increase budget deficit to $2 trillion up from $1.2 trillion to avert … Continue reading

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Marx to Lenin, Stalin, Mao, Alinsky, and Obama

Here is updated Part 4 March 16, 2013: go to https://economics501.wordpress.com/2013/03/17/marxism-vs-socialism-part-4-marx-to-lenin-stalin-mao-maybe-alinsky-and-maybe-obama/ or read below ……. then you can read part 3 too. Marxism vs Socialism – Part 4 – Marx to Lenin, Stalin, Mao, maybe Alinsky and maybe Obama Marx … Continue reading

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Free Markets and the Economy

Here is a quick and concise comment I received in response to https://economics501.wordpress.com/2011/04/22/21st-century-karl-marx/ regarding the complexity of our economy. Note the phrase that there is ” a strong tendency to want to try to control something that appears to be … Continue reading

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Economic Myths (Jan 2012 Update)

Economic Myths (January 2012 Update) We must address common 7 myths I have come to encounter in the press and blogs: 1. “President Obama’s policies have created more jobs in 2 years than Bush created in 8”: Go to bls.gov … Continue reading

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