Thursday, March 29

.: Socialism 101

The story below about an Economics professor failing the entire class may be an Urban Legend but it still is a great lesson as to how Socialism works.

An economics professor at a local college made a statement that he had never fai...led a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan". All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F. As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. It could not be any simpler than that. Remember, there IS a test coming up. The 2012 elections.

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
We have never been a nation of haves and have-nots. We are a nation of haves and soon-to-haves—of people who have made it and people who will make it because they’re willing to work hard, play by the rules and have the ability to do so.

While today he (Obama) bemoans and blames Congress, Republicans and successful people for everything that’s wrong, the reality is that he and his party controlled the White House, Senate and House for his first two years in office. In that time, he got virtually everything he asked for, including a fiasco of a stimulus and ObamaCare.

The result? A debt-fueled over-expansion of government, unconstitutional and job-killing mandates, failed economic policies, broken promises and no plan to tackle our long-term challenges.

With this abysmal record, he will do whatever it takes to make this election about anything but his failed leadership. He is betting on a strategy that divides the American people into haves and have-nots, and uses class-warfare politics to prey on people’s uncertainty about the future.

In sum, he tells Americans worried about their jobs that the way to help them is to raise their bosses’ taxes. He tells those who are hurting that the only way they can be better off is for others to be worse off. He tells all of us that the only way for some to climb up the economic ladder is for others to be brought down.

These divisive ideas and rhetoric have never worked in the past. On the contrary, people end up fleeing countries that adopt economic policies based on these flawed principles. And, more often than not, they come to America.
Keith Olbermann fired by Current TV
Alternate headline:
“Cable-access host loses last three viewers.”

Hicks @Lemming_Watcher  So..@limbaugh is still on the air and @KeithOlbermann is gone. @mmfa ROCKS
Melissa Clouthier @MelissaTweets  RT @RBPundit: How much of a douche do you need to be to get fired by the company that still employs Cenk Uygur? Seriously.
Daniel Grittner @Boywhiz88 Just how unbearable is Keith Olbermann if Current TV decided to go with the guy that's gonna blow his paychecks on hookers?

No comments: