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Category Archives: Capitalism

The Boeing Bribe

According to Wikipedia, “a tax credit is a sum deducted from the total amount a taxpayer owes to the state. A tax credit may be granted for various types of taxes, such as an income tax, property tax, or VAT. It may be granted in recognition of taxes already paid, as a subsidy, or to encourage investment or other behaviors.”

With the enactment of SB1 in Missouri, when Boeing shows a profit and there are $150,000,000 in taxes due for 2014, then Boeing will pay NO taxes.  I repeat; Boeing will pay no taxes.  However, if McDonald’s shows a profit and there are $150,000,000 in taxes due, then McDonald’s will pay $150,000,000 in taxes.

When a corporation shows a profit, a portion of that profit is collected in taxes and is the property of Missouri’s citizens. Boeing is being handed $150,000,000 of Missourians’ tax dollars.  How is this not corporate welfare?

This is the epitome of picking winners and losers
This is 100% anti-free-market
This is 100% anti-capitalism
This is 100% crony-capitalism.
This is 100% corporate welfare… ..giving property of Missouri taxpayers to a specific corporation.

So, the legislators that approved SB1 voted for picking winners and losers, anti-free-market, anti-capitalism and crony-capitalism legislation.  Is this why you sent them to Jefferson City?

But, what’s worse is that our Governor and General Assembly spent nearly $100,000 proving that they have created an anti-business climate in Missouri.  That’s the real travesty of this Special Session; Missouri is so anti-business, they have to bribe companies to come here.

Stunningly disappointed.

h/t wsj.com

It’s only a 3-page bill, so take the time to read it.  The reasons for the emergency clause seem to be completely at odds with reality.  Add a couple of clauses related to affirmative action and everyone… …but the taxpayer… …is happy.

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Posted by on December 9, 2013 in Capitalism, Free Market, Republican

 

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The Life Of Georgie

Michelle Malkin exposes another Obama tall tale.

Here’s the real story…

 

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I’ll Show You Mine…

The Lame Stream Media still hasn’t vetted him…

 
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Posted by on January 19, 2012 in Capitalism, Free Market, Obama, Taxes

 

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MO Legislature Has Innovative Idea To Spur Job Creation

Yes! In two of the Capitol Reports received via e-mail from Cape County’s state Representatives, it is confirmed!  Missouri has an innovative idea to spur job creation!  Are you ready?!?!

They’re gonna make a list.

Stop clapping.  Hold the applause.  Hang on to your panties.

From the Capitol Reports of Wayne Wallingford and Ellen Brandom:

Putting Missourians back to work will be a priority again this session.  Last session, we took several steps to create jobs.  We cut taxes on small businesses adding new employees, eliminated the franchise tax and adopted several measures to improve the business climate.  But with an unemployment rate still above 8%, there is still work to be done.

One innovative idea to spur job creation is the Entrepreneur Virtual Resource Network.  This new program would provide resources to the Department of Economic Development for a website that pools the information needed to start a small business in the state.

Entrepreneurs are the lifeblood of job creation, but they often need assistance in navigating the regulatory hoops necessary to create their business from scratch.  This website will give them a one-stop shop on how to get their idea to the marketplace.

At least they’re saving money and time by collaborating on the text of their Capitol Reports (or Leadership is writing them).

h/t www.clotureclub.com/

Now, I’m all for getting information out via the Interwebs; that’s how I make my living.  But to claim that making a long list of the laws, rules, and regulations that stand in the way of starting or expanding a business in Missouri will create jobs is laughable.

Here’s a better idea.

  • Go ahead and make the list, but save the time and effort of creating the web site
  • Then, order the list by necessity of the law, rule, regulation from greatest to least
  • Finally, write and pass a bill to repeal all the laws, rules, and regulations on the bottom half of the list

There you have it.  One half of the red tape that ties down job creators is cut.  Missouri is job friendly.

 
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Posted by on January 11, 2012 in Bureaucrat, Capitalism, Free Market

 

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Mayor’s Representatives Coddle Occupy St. Louis

On Tuesday, 11/8/11, St. Louis Tea Party attended confab between the Occupy St. Louis stinkers and Mayor Slay’s mod squad.  Sadly, I ran out of juice long before the fun really started.  But, you can get a great idea of the level of insanity that is brewing in the City.

OStL made it clear that they were not going to leave the park.  St. Louis City Representatives were conned into giving them 24-hours notice before any eviction.  Why does OStL want 24-hours notice?  I know.  Hopefully the brain-trust on the Mayor’s staff will figure it out before they do it.

Jeff Ordower, of ACORN fame, now with MORE, drops the veil that this is just a grassroots event by FACILITATING the discussion as an obvious leader of the Occupy St. Louis movement.

Video 1 of 4:

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One note to remember is that the OStL twits have a mindless view that no law can enhance the First Amendment Right to Assemble and Freedom of Speech.  Clearly they would support Workplace Sexual Harassment and Shouting “Fire” in a Crowded Theater.

 
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Posted by on November 9, 2011 in Activism, Bill Of Rights, Capitalism

 

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Occupy Pepper Spray

The Evil Capitalists Big City Democrat Administrations are cracking down on the #OccupyWherever gatherings across the nation requiring them to move out of their Occupied Parks for reasons of Safety and Health… …and the liberals neighbors are even sick of them.

It’s sad. On many subjects, I wholeheartedly agree with their concerns and issues… …especially crony capitalism.  However, most of them don’t even know that crony capitalism is the real problem – not the free market.

Here are some of my favorite stories about the movement:

Crapupy Wallstreet

CATO: Actual Journalism

Thermal Imaging: Most Tents Are Empty – Props

Occupy Wall Street vs The Tea Party – Venn Diagram

h/t http://howconservativesdrovemeaway.blogspot.com/

 

Haftin’ To Be Uproared

 

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The Tea Party Is Anti-Government

I was reading this article, and stopped quickly to offer the retort below:

 

Stopped wasting my time reading this tripe when you claim the Tea Party is “anti-government”.  Makes me think you WORK for the left-wing mass media.  This is the same meme they advance daily.

Have you been to a Tea Party to see what the speakers and attendees say and do?  Or do you just write based on what the State Run Media spoon feeds to you after they find the one guy in the crowd with a sign that can loosely be called racist — before he got chased off.

Tea Party members generally believe (IMHO) that left-wing equals more government control, more taxes, more rules, regulations, control, more taxes, less freedom, more people on the dole.  That is the mode of operations of most Democrats and about half the Republican party.

Tea Party members are NOT anti-government.  They believe in measured government especially in the sphere of the Federal Government.  Items needing government control, not specifically listed in the Constitution, are left to the Government of the State and to the people.   Federalism.  That’s the mode of some Republicans and a few Democrats.

Did you get that?  We understand and believe in the necessary evil of Government.  We are anti-big-controlling-marxist-socialist-hitlarian-taxing-spending-wasting-communist-corrupt-giant government.

But, if you aren’t studied enough to know these basic facts about the Tea Party, you probably aren’t the best guy to go around commenting on their ideals.

FWIW, many of us are more upset with the Republicans than we are with the Democrats.

I also went to the 10/2 One Nation Rally with all the usual suspects (liberals / left-wingers / progressives) and the Communists / Socialists / Marxists / Anarchists!  And, the main thing I learned there is that we all have the same basic goal:  The ability for someone to work and have a decent life.

The difference is in the means by which we would make that happen.  It seems those on the left think that the fruit of the rich man’s labor should be taken from them by force and redistributed to the less wealthy.  Obviously, that is Obama’s ideal.

Those on the right think that they should be able to keep the fruits of their labor with minimal taxation and minimal government.  They believe regulations should be kept at a minimum to allow the poor / middle class to work hard to create their own wealth.  We right-wingers hate the idea of crony capitalism and blame it for many of the ills that plague our country.

And, it isn’t just the Republicans who engage in crony capitalism.  Look up the facts of how much money Obama got from Big Oil and Wall Street.  Take a look at how many Goldman Sachs and JP Morgan execs are flowing in and out of his Administration.

Yes, I understand that there are various flavors of liberal, left, progressive.

Attack me at will.

 

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