Monday, June 15, 2009

Theft with Impunity


Forcibly taking others' resources is theft. It is only marginally significant whether the thieves are government hooligans, members of organized crime, or street level punks. Barack's Brigades are the new Robbing Hoods. They stole GM from its owners, took the majority share of Chrysler, and divided the spoils between themselves and the UAW.

One of the Robbing Hoods' intentions is to finish polarizing Americans--this is the divide and conquer strategy--into two camps. One group, comprised of bureaucrats and their clients, is permanently dependent upon money that others have earned and the other is populated by those whose earnings continue to be stolen. One-third of American households pay no federal income taxes; 10% pay 71% of all personal federal income taxes.

O-Robbing Hood and his merry band of thieves are soon to learn a lesson that will be paid for by taxpayers. Mere ownership of businesses is a far cry from effectively managing them for profit.

May your gods be with you.


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