by Bill O'Connell on December 28, 2010
He was made out to be a folk hero. Bernie Sanders was filibustering the old fashioned way, by talking continuously, like they did when Mr. Smith went to Washington. Sanders, the self proclaimed socialist, was railing against greed, but he failed to see the irony. While he was lambasting the unseen faces of America’s top 1% of earners, he stood there as the face of our federal government that can’t make ends meet on $2.165 trillion but those rich bastards had better pay their fair share. Not only couldn’t the federal government not get by on $2.165 trillion, it overspent that revenue by $1.5 trillion. Who is the real greedy bastard?
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by Bill O'Connell on December 23, 2010
The Federal Communications Commission (FCC) made a power grab to control the Internet and there is a raging debate on both sides. Rather than take a position to rollback the FCC action or let it stand, I offer a third alternative. Shutdown the FCC.
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by Bill O'Connell on December 23, 2010
Nancy Pelosi is not feeling the love. After all she has done for us, we ingrates are not showing our proper appreciation. So, Speaker Pelosi is in talks with Steven Speilberg to see if he can help remake the image of the Democrats.
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by Bill O'Connell on December 22, 2010
Where have all the rich folks gone?
Long time passing
Where have all the rich folks gone?
Long time ago
Where have all the rich folks gone?
We overtaxed them everyone.
When will we ever learn?
When will we ever learn?
(Apologies to Pete Seeger)
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by Bill O'Connell on December 21, 2010
Barney Frank, in an interview with CNBC’s Maria Bartiromo, made the bold statement that, “heirs who now inherit, they haven’t done this on their own, they haven’t worked hard, that’s a pure gift to someone who was lucky enough to be related to someone or be friendly with someone who left them money.” So Mr. Frank concludes that they are not entitled to that money. So tell me what is the argument that government should get nearly half of it? How did they earn it?
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by Bill O'Connell on December 20, 2010
The news reports called it a coup. President Obama called it illegal. Liberty’s Lifeline followed this story with several posts defending the action of the Honduran’s to enforce their laws. The one position we disagreed on was exiling President Zalaya rather than dealing with him within Honduras. Part of the disclosure of WikiLeaks sheds some light on the issue.
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by Bill O'Connell on December 18, 2010
On the December 17, 2010 edition of the O’Reilly Factor, Bill had a debate with two ladies of the liberal persuasion. One of them was Dr. Caroline Heldman, Assistant Professor of Political Science at Occidental College. Asked what the government owes its citizens, Dr. Heldman responded, “Life, Liberty, and the Pursuit of Happiness.” Let me stop there before continuing the quote. Those are our founding ideals as stated in the Declaration of Independence. It followed from the Founders’ belief that “all men are created equal, and that they are endowed by their Creator with certain inalienable rights, that among these are Life, Liberty and the Pursuit of Happiness.”
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by Bill O'Connell on December 17, 2010
I am currently working on the cover design for my forthcoming book, which will also be called Liberty’s Lifeline, and on the cover will be a drawing of the Statue of Liberty. When the artist drew it, they left the tablet in Lady Liberty’s left arm blank. My advisors suggested that I come up with something that describes the nature of the book that can fit on the tablet. It’s not much of a canvas, especially when it is drawn to fit on the cover of a 6”x9” book.
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by Bill O'Connell on December 16, 2010
In an interview on Bloomberg radio yesterday, New York Lieutenant Governor Richard Ravitch talked about the perilous state of New York’s economy. Mr. Ravitch was a key player in the rescue of New York City from the brink of financial collapse in the 1970s. He talked about bankruptcy being an option and how New York City’s possible bankruptcy really brought banks to the negotiating table. He also talked about how important the financial services industry is to New York as a source of tax revenue. Then he let the cat out of the bag.
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by Bill O'Connell on December 15, 2010
The evil of tax cuts for the wealthiest Americans is playing out across the land as the Democrats in Congress try to spend the last days of this Congress jamming one more distasteful program after another down the throats of their fellow Americans before they are run out of town. They claim to stand on the principled high ground of fairness and against greed. If that’s the game, okay, let’s play.
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Let’s Be Frank, the Estate Tax is Immoral
by Bill O'Connell on December 21, 2010
Barney Frank, in an interview with CNBC’s Maria Bartiromo, made the bold statement that, “heirs who now inherit, they haven’t done this on their own, they haven’t worked hard, that’s a pure gift to someone who was lucky enough to be related to someone or be friendly with someone who left them money.” So Mr. Frank concludes that they are not entitled to that money. So tell me what is the argument that government should get nearly half of it? How did they earn it?
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