December 2010

Greed, America’s Top 1%, and Government

by Bill O'Connell on December 28, 2010

Share and Recommend:

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? 

  Click to read more

Share and Recommend:

It’s Time to Say Farewell to the FCC

by Bill O'Connell on December 23, 2010

Share and Recommend:

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.

  Click here to read more

Share and Recommend:

Can Spielberg Rescue Pelosi?

by Bill O'Connell on December 23, 2010

Share and Recommend:

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.

Click to read more

Share and Recommend:

First Maryland, then Oregon Try to Tax the Rich

by Bill O'Connell on December 22, 2010

Share and Recommend:

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)

Click to read more

Share and Recommend:

Let’s Be Frank, the Estate Tax is Immoral

by Bill O'Connell on December 21, 2010

Share and Recommend:

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?

  Click here to read more

Share and Recommend:

WikiLeaks Shows Obama Chose Chavez over Democracy in Honduras

by Bill O'Connell on December 20, 2010

Share and Recommend:

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.

  Click here to read more

Share and Recommend:

More Progressive Perversion of our Founding Ideals

by Bill O'Connell on December 18, 2010

Share and Recommend:

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.” 

  Click here to read more

Share and Recommend:

Give Not, Take Not

by Bill O'Connell on December 17, 2010

Share and Recommend:

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.

Click here to read more

Share and Recommend:

The Truth about Taxes

by Bill O'Connell on December 16, 2010

Share and Recommend:

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.

  Click to read more

Share and Recommend:

Taxes and Greed

by Bill O'Connell on December 15, 2010

Share and Recommend:

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.

  [click to continue…]

Share and Recommend:
© 2010 Liberty's Lifeline. All Rights Reserved.