Kiwi Polemicist

January 22, 2009

Barack Obama has been inaugurated: now the theft begins

Here I have modified an earlier post because people need to know about the theft that this evil man intends to carry out. Naturally Marxists such as Obama call it “income redistribution” to make the medicine go down. See also my posts here and here.

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I’ve been reading Obama’s energy policy, which was a thrill. Here’s two diaper gems from there:

1) Obama will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills. This relief would be a down payment on Obama’s long-term plan to provide middle-class families with at least $1,000 per year in permanent tax relief.

I have two responses to this:

a) There is no such thing as excessive profits; that is a Socialist/Marxist fiction created to justify the theft of money from companies and the giving of it to the “poor”. In other words, this is Marxist “income redistribution” which attempts to take money from the rich and give it to the poor, so that everyone has the same income. It didn’t work in Russia and it won’t work in America; all it does is discourage the creation of wealth for many people by businesses.

In the long term this harms the “poor” that Obama claims to champion, therefore his supporters are voting for their own poverty.

Also, who defines what is “excessive”? Obama, presumably, and that is wide open to abuse. Is one dollar an excessive profit? One billion dollars?  Note the use of the emotive word “emergency” to make it sound like Obama is going to rescue the country from a clear and present danger. The only clear and present danger is Socialist politicians like Obama.

b) Obama will not provide middle class families with tax relief, rather he will steal money at gunpoint* from the oil companies and others then give the money to middle class families.

2) Deploy the Cheapest, Cleanest, Fastest Energy Source — Energy Efficiency.

Obama will set an aggressive energy efficiency goal — to reduce electricity demand 15 percent from projected levels by 2020.

Obama, energy efficiency isn’t an energy source, it’s just using less of what you have. What exactly are your qualifications for being the (supposed) Leader Of The Free World?

What do you think about Obama’s plan to additionally tax “excessive” profits?

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Click here for a biblical perspective on Obama.

* if you provide sufficient resistance to the paying of taxes the state will use lethal force against you, so effectively all taxation is done at gunpoint

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4 Comments »

  1. Oh come on! You don’t have to be marxist to see an excessive profit here and there. What about gas and electricity suppliers upping prices to household and business consumers when oil hiked and then kept the prices high when oil hits rock bottom and inexplicably denied any correlation with oil prices … and in the meanwhile pensioners and more vulnerable people really are starving and freezing to death as they need to choose whether to spend their pittance income on food or heating? You don’t have to be a marxist or even a socialist to see excessive profiteering in such cases (and yes, it is happening here in the UK).

    8-0

    Comment by Russell — January 26, 2009 @ 9:40 am

    • Russell: there is no such thing as excessive profit when that profit is gained without violating the personal and property rights of other people.

      Illegitimate profit does occur when a state-sanctioned monoploy is involved.

      You will find that a great deal of the harm that you describe arises from state interference in the so-called free market, i.e. if we had a genuine free market then these problems would sort themselves out.

      Also, every person is made poorer by state control of the money supply and the subsequent inflation.

      Comment by kiwipolemicist — January 26, 2009 @ 12:02 pm

  2. NEWSFLASH: The theft began eight years ago. It was mostly credit-card theft but we still have to pay the bill.

    Comment by SoMG — January 26, 2009 @ 7:58 pm

  3. […] Like all Socialists/Marxists, Obama favours theft by the state, as shown by his energy policy which I quoted in an earlier post: […]

    Pingback by • A biblical perspective on Barack Obama « CCL: Christian Classical Liberalist — March 3, 2009 @ 7:35 pm


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