Showing posts with label capitalism works. Show all posts
Showing posts with label capitalism works. Show all posts

Thursday, March 3, 2016

Donald Trump Releases Seven Point Healthcare Reform Plan Repealing Obamacare

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Aaron P. Bernstein/Getty Images
by ALEX SWOYER3 Mar 2016Washington, DC1093
GOP frontrunner Donald Trump is out with a plan to repeal and replace Obamacare.
After repealing Obamacare, the real estate mogul proposes to tear down barriers so health insurance can be sold across state lines. Trump’s health insurance plan would also make individual premium payments tax deductible. Additionally, his plan would eliminate Obamacare’s individual mandate.
Trump’s plan says reform must start with Congress repealing Obamacare.
Any reform effort must begin with Congress. Since Obamacare became law, conservative Republicans have been offering reforms that can be delivered individually or as part of more comprehensive reform efforts. In the remaining sections of this policy paper, several reforms will be offered that should be considered by Congress so that on the first day of the Trump Administration, we can start the process of restoring faith in government and economic liberty to the people.

He lists seven points of action:
Congress must act. Our elected representatives in the House and Senate must:

Completely repeal Obamacare. Our elected representatives must eliminate the individual mandate.

 No person should be required to buy insurance unless he or she wants to.

Modify existing law that inhibits the sale of health insurance across state lines. As long as the plan purchased complies with state requirements, any vendor ought to be able to offer insurance in any state. By allowing full competition in this market, insurance costs will go down and consumer satisfaction will go up.

Allow individuals to fully deduct health insurance premium payments from their tax returns under the current tax system. Businesses are allowed to take these deductions so why wouldn’t Congress allow individuals the same exemptions?

 As we allow the free market to provide insurance coverage opportunities to companies and individuals, we must also make sure that no one slips through the cracks simply because they cannot afford insurance. We must review basic options for Medicaid and work with states to ensure that those who want healthcare coverage can have it.

Allow individuals to use Health Savings Accounts (HSAs). Contributions into HSAs should be tax-free and should be allowed to accumulate. These accounts would become part of the estate of the individual and could be passed on to heirs without fear of any death penalty. These plans should be particularly attractive to young people who are healthy and can afford high-deductible insurance plans. These funds can be used by any member of a family without penalty. The flexibility and security provided by HSAs will be of great benefit to all who participate.Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure.

Block-grant Medicaid to the states. Nearly every state already offers benefits beyond what is required in the current Medicaid structure. The state governments know their people best and can manage the administration of Medicaid far better without federal overhead. States will have the incentives to seek out and eliminate fraud, waste and abuse to preserve our precious resources

.Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
Trump also references illegal immigration in is health care plan, saying, “Providing healthcare to illegal immigrants costs us some $11 billion annually. If we were to simply enforce the current immigration laws and restrict the unbridled granting of visas to this country, we could relieve healthcare cost pressures on state and local governments.”
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Thursday, February 18, 2016

Pope Francis Rips Capitalism, American Immigration Policy at Mexican Border

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Getty ImagesMARK RALSTON/AFP/Getty Images
by BEN SHAPIRO18 Feb 20161808
Pope Francis, apparently desperate to reach out to the Catholic Church’s growing base in Latin America, spent the day slapping Americans in the face from across the US-Mexico border.
In Ciudad Juarez, one of the most violent cities in the Western Hemisphere thanks to the drug cartels, the pope walked up a ramp covered in flowers toward a cross “erected… in memory of migrants who have perished trying to reach the United States just a stone’s throw away,” according to Reuters.
MARK RALSTON/AFP/Getty Images
Funny, he never did that while visiting Cuba to pay tribute to those who died attempting to escape that Communist hellhole. He reserved his spite for a nation with one of the most generous immigration policies on the planet.
The pope then blessed three more small crosses, at which “shoes of migrants who died” were laid. “We cannot deny the humanitarian crisis,” Pope Francis intoned. “Each step, a journey laden with grave injustices: the enslaved, the imprisoned and extorted; so many of these brothers and sisters of ours are the consequence of trafficking in human beings…Injustice is radicalized in the young; they are ‘cannon fodder,’ persecuted and threatened when they try to flee the spiral of violence and the hell of drugs. Then there are the many women unjustly robbed of their lives.”
He concluded, “Let us together ask our God for the gift of conversion, the gift of tears, let us ask him to give us open hearts like the Ninevites, open to his call heard in the suffering faces of countless men and women. No more death! No more exploitation!”
GABRIEL BOUYS/AFP/Getty Images
This came shortly after the pope said that capitalism cut against God, and that God would punish “slave drivers of our days” supposedly exploiting workers, adding, “The flow of capital cannot decide the flow of people.”
This is, simply put, asinine.
The reason for the humanitarian crisis driving people north is the corrupt anti-capitalist governance so common to Latin America – the same sort of governance the pope believes is apparently more godly than the capitalism drawing people like a magnet to the United States. So the same system the pope decries is the system the pope wants inundated with victims of those who oppose that system. How ironic. Even more ironic: the Vatican remains one of the most immigration-restrictive states on earth.
This is nothing new from Pope Francis, who has spent much of his tenure bashing capitalism and American border policy. Back in September, Pope Francis spoke on the National Mall, where he explained, “Thousands of persons are led to travel north in search of a better life for themselves and their loved ones, in search of greater opportunities. Is this not what we want for our own children? We need to avoid a common temptation nowadays: to discard whatever proves troublesome. Let us remember the Golden Rule: ‘Do unto others as you would have them do unto you.’”

Next, Pope Francis infamously lectured members of Congress about immigration policy that same month, bashed capitalism, and then completely ignored the issue of abortion while speaking before Democrats who see partial-birth abortion as a sacrament.
YURI CORTEZ/AFP/Getty Images
All of this represents an extension of Pope Francis’ slightly-concealed liberation theology. Liberation theology is essentially a mashup of Christianity and Marxist redistributionism – a theology in which capitalists must be blamed for the world’s ills and then forced to absorb all of its problems. As The New York Times reported last May, Pope Francis now regularly hosts Father Guitterez, a founder of liberation theology; they state, “Francis has brought other Latin American priests into favor and often uses language about the poor that has echoes of liberation theology.”
All of this would appall Pope John Paul II,who said, “This conception of Christ as a political figure, a revolutionary, as the subversive of Nazareth does not tally with the church’s catechism.” Pope Benedict XVI said liberation theology was a “singular heresy” and “fundamental threat” to the Catholic Church.
But in the Catholic Church’s effort to reach out to residents of anti-capitalist regimes, Pope Francis now pushes liberation theology under the guise of doing Biblical good. It turns out, however, that tearing down nations that work while encouraging immigrants with different values to swamp them does nobody any real good in the long run.
Ben Shapiro is Senior Editor-At-Large of Breitbart News, Editor-in-Chief of DailyWire.com, and The New York Times bestselling author, most recently, of the book, The People vs. Barack Obama: The Criminal Case Against The Obama Administration (Threshold Editions, June 10, 2014). Follow Ben Shapiro on Twitter @benshapiro.
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Tuesday, February 9, 2016

Ford Shifting Future Auto Production To Mexico As Obama Signs Pacific Trade Deal

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by WARNER TODD HUSTON8 Feb 20161,231

Just as President Barack Obama’s deputy signed the unpopular Trans Pacific Partnership free-trade deal during an election year, Ford Motor Company has announced it will doubling production capacity at a Mexico factory, instead of enlarging U.S. factories.

The new factory will manufacture hybrid autos with gasoline and electric engines, whose development has been partly funded by U.S. taxpayers via federal research programs.

According to The Wall Street Journal, Ford is planning to build 500,000 vehicles at its new Mexican factory, starting in 2018. That is double Mexico’s 2015 production.

Ford has begun to build a new factory in San Luis Potosí, Mexico, to assemble several models including, a new model meant to rival Toyota’s Prius hybrid vehicle. In turn, U.S.-based plants will focus on light trucks and sport-utility vehicles.

Insiders say Ford will spend $1 billion to build the expansion factory in Mexico. That’s in addition to the $2.5 billion already earmarked for expansion in the neighboring nation.

Ford rival General Motors is planning a $5 billion expansion in Mexico.

But American automakers aren’t alone. New facilities are also being built in Mexico by BMW AG, Volkswagen AG, Toyota Motor Corp. and Honda Motors.

All these announcements come on the heels of new deals that offer higher wages for today’s workers, represented by the United Auto Workers union.

UAW membership began to fall from its 1979 high of 1.5 million members to only 540,000 in 2006. By 2010 it had fallen to only 390,000 members. Since 2010, membership has been slowing growing, and it grew 3 percent in 2014 . In 2015, The UAW climbed up to 403,000 members, or three-quarters of its 2006 membership.

But the plans to expand in Mexico also come at the same time Obama began pushing his Trans Pacific Partnership trade plan, one of the largest multinational trade agreements in history.

The trade deal, often derided as Obamatrade, has met with fierce criticism from conservatives in Congress many of whom fear the deal means a massive loss of jobs in the U.S. Senator Sen. Jeff Sessions (R-AL), for one, has been afierce critic of the deal saying it does not protect the interests of the American people and our workers. Ohio Sen. Rob Portman (R-OH) is facing a tough election, and he’s come out in conditional opposition to the completed deal.

Even as Obama’s representatives signed onto the deal last week, Senator Jeff Sessions said voters should press their candidates on where they stand on TPP.

The Senator urged voters to insist their candidates for president and Congress “explain why we are not seeing politicians expressing support for this gargantuan agreement.”

“Every elected official, every candidate must be crystal clear about where they stand on the TPP. The American people deserve no less,” Sessions declared.

To date every GOP presidential candidate has made a firm announcement on where they stand on TPP except Florida SenatorSen. Marco Rubio (R-FL). While Rubio voted “yes” to fast track the deal, he hasn’t explicitly said how he will vote on the final deal.

Rubio did say that TPP is one of the pillars in his “three-pillar foreign policy strategy,” so even as he hasn’t said if he will vote in favor of the plan. But his actions seem to point to his support for the measure.

GOP frontrunner Donald Trump, though, has been unequivocal on TPP. He is against it. Last week Trump called the plan “a terrible deal” for the United States because it is a jobs killer.

“It’s going to allow countries to continue to take advantage of us and take our jobs, take our trade,” Trump said. “It’s bad for us. It’ll allow China to come in through the back door at a later date and continue to really do a number on us, and it doesn’t take into account money manipulation — manipulation or devaluation of currency, which is the single biggest tool that countries use against us,” he said. “It’s a terrible deal.”

Follow Warner Todd Huston on Twitter@warnerthuston or email the author at igcolonel@hotmail.com

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Big GovernmentEconomics

Friday, February 5, 2016

Citi: World economy trapped in ‘death spiral’


Katy Barnato@KatyBarnato

49 Mins AgoCNBC.com

The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citistrategists have warned.

Ivan Bliznetsov | Getty Images

Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.

"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.

"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."

Stubbs said that macro strategists at Citi forecast that the dollar would weaken in 2016 and that oil prices were likely bottoming, potentially providing some light at the end of the tunnel.

"The death spiral is in nobody's interest. Rational behavior, most likely, will prevail," he said in the report.

Crude oil prices have tumbled by around 70 percent since the middle of 2014, during which time the U.S. dollar has risen by around 20 percent against a basket of currencies.

The world economy grew by 3.1 percent in 2015 and is projected to accelerate to expand by 3.4 percent in 2016 and 3.6 percent in 2017, according to the International Monetary Fund. The forecast reflects expectations of gradual improvement in countries currently in economic distress, notably Brazil, Russia and some in the Middle East.

By contrast, Citi forecasts the world economy will grow by only 2.7 percent in 2016 having cut its outlook last month.

World economy on edge of recession: Citi

Overall, advanced economies are mostly making a modest recovery, while many emerging market and developing economies are under strain from the rebalancing of the Chinese economy, lower commodity prices and capital outflows.

Stubbs added that policymakers would likely attempt to "regain credibility" in the coming weeks and months.

"This is fundamental to avoiding a proper/full global recession and dangerous disorder across financial markets. The stakes are high, perhaps higher than they have ever been in the post-World War II era," he said.

Just 151,000 new jobs were created in January in the U.S., in the latest sign that the world's biggest economy is slowing. Economists are concerned about an industrial or manufacturing recession in the country, following some warnings from companies in earnings seasons and recent weak manufacturing activity and durable goods orders data.

However, some analysts say markets are overegging the prospect of a global slump.

"Many markets are now pricing in a significant probability of recession and when we talk about recession, we're talking particularly about a U.S. recession. Do you think that is likely or not? To me, the odds are too high; the market is pricing too high a probability," Myles Bradshaw, the head of global aggregate fixed income at Amundi, told CNBC this week.

Markets too hasty to call a recession: Analyst

Follow CNBC International on Twitterand Facebook.

Katy BarnatoReporter and Copy Editor, CNBC.com

Friday, January 22, 2016

CAPITALISM VS SOCIAL COMMUNISTS

Brian P Smyth
iHeart.SmythRadio.com

As a personally responsible American who is currently working and supporting a family my greatest fear is that of freedom and our sovereignty will be stolen from us by the socialist communist left. There is no freedom in social programs only tyranny and control.

Poll Drudge Report
S 2016 begins the United States starts to to lose their sovereignty self governance. Because the politicians that were elected to protect us or doing the opposite the allowing the invasion of the illegals from the south the north in the east as well as overloading social programs, which is a socialist communist idea from the 70's from Cloward and Piven.
This poll taken by Matt Drudge of the Drudge Report is probably the scariest poll I've ever seen you have the Communist Bernie Sanders neck and neck with the capitalist Donald Trump who wins the communist or the capitalist?

Monday, January 18, 2016

'Miraculous' results from new MS treatment

THANK YOU AMERICAN CAPITALISM FOR YET SAVING MORE LIVES AGAIN.

EXCELLENT REVIEW ON LAST NIGHTS SHOW LISTEN 24/7 ON Military Veteran Talk Radio
iHeart.SmythRadio.com

www.telegraph.co.uk

A pioneering new stem cell treatment is reversing and then halting the potentially crippling effects of multiple sclerosis.

Patients embarking on a ground-breaking trial of the new treatment have found they can walk again and that the disease even appears to be stopped in its tracks.

“I started seeing changes within days of the stem cells being put in. I walked out of the hospital. I walked into my house and hugged Isla. I cried and cried. It was a bit overwhelming. It was a miracle” Patient Holly Drewry

COMMENTS

Tuesday, April 9, 2013

What Did Charles Krauthammer Say About Obama That Shocked a Fox Panel Into Silence?

Click HERE for the complete story or watch the video.   The Blaze


Listen for Krauthammer at the eleven second mark......   if you cant hear it scroll down for the remark.









ITS ALL ABOUT THE MONEY !!!!!!!!!!!!!!!

Sunday, December 23, 2012

Muslim Koran Quran call for rape of women being O.K. cause you be a man...

Muslim Koran Quran call for rape of women being O.K. cause you be a man...


How To Flush a Koran or A Facebook Conversation with a radical muslim

How To Flush a Koran or A Facebook Conversation with a radical muslim

Ro*****  shared Iranian American Conservative Party's photo.
14 hours ago ·
Could this be coming soon to a city, county, or a state near you???
Like · · · Share
  • Bren****** You first Abdula-Habebb Dumb-Ahhhsss!
    14 hours ago · Like · 
  • May **** this is not a real sign. its photoshopped
    14 hours ago · Like
  • Bren **** No, it is real b/c you can tell at the top right with the "H" in Shariah has the same light on it as the white part of the sign. Plus, if it were photo shopped, then the words would be darker and more crisp on the edges. I have called out several PS pics before but this one is genuine and more so, what these assholes believe.
    13 hours ago · Like
  • May ********
    13 hours ago · Like
  • Bre ****** What's funny is that they are "bold" in there belief of this bullshit and yet they are too cowardly to show their faces...haha?????
    13 hours ago · Like
  • May ***** Noooo it is not like that. The notion of hijab and niqab is presented to women that they are so precious like jewels that its better to hide it so evil men eyes wont touch them. Basically, considering men as animals who cannot control their desires and women ONLY are somehow the responsible for that. And how come this notion is not challenged I have no clue.
    13 hours ago · Like
  • Bre******* If woman are such "jewels" then why to do they take them in open fields and blow their brains out for no reason?????
    In Islam, woman are NOT respected whatsoever and they have very little, to no rights. They can't drive, go to work, go to school and if they are raped they need five male eyewitnesses to prove it. And, to add insult to injury, if they ARE raped, they are stoned to death for adultery???
    13 hours ago · Like
  • May ****** Hahahah, you are mixing things up, allow me to correct your info. 1- although islam is a male dominating religion but it never allows anyone to blow anyone's else brain. this is just afghanistan 2- the driving thing is also not islam thing it is a KSA thing. 3- the 4 witnesses is required for both women and men. if a woman accuses her husband to cheat on her she must provide 4 witnesses and same thing if a man accuses his wife. the idea is not to encourage ppl to accuse each other falsely. stoning to death as horrible it is, is also for both women and men when the accusation of committing adultery is proved
    13 hours ago · Like
  • May ******** I believe the customs and traditions of this region are so strong that it swolled the religion. Despite my despise but to be fair when the prophet came, he came with a motto of change is needed. those assholes who came after him, forgot the original spirit of the religion which is CHANGE and EVOLUTION and instead incorporated the religion within the traditions.
    13 hours ago · Like
  • May ****** islam is completely gobbled by traditions. my personal opinion. i dont have studies to back me.
    13 hours ago · Like
  • Brian P Smyth Mary, you are completely mistaken and you have your story backwards. The so called prophet mohamad was as ruthless and evil as the most hard core radical muslims cutting heads off of American journalist and innocent women and children. This is a religion of hate, death, destruction, tyranny and any other similar acronym. Their book calls for the death of unbelievers and thats a FACT. p.s. I misspelled his name out of sheer disrespect. How about them apples.
    2 hours ago · Like
  • May ****** So sorry that you only got exposure to my people through radicalists. They are ruining it for everyone. And it is our mistake that we are allowing them to take the front seats and only them be in the picture. I hope one day you meet real regular people from the middle east. They are very good people with big warmth in their hearts.
    about an hour ago · Like
  • Brian P Smyth Yes people from the middle east are good people but those who support the koran are part of the radical muslims that riot and kill when a imam claims that an American flushed a koran down a toilet. It wouldnt fit in a toilet unless you tear each page out one by one... which I have done. It takes a long time but its worth it. ps... Yes Im waiting for another killing because of my statements and obama to swoop down and haul me off to prison for who knows how long.... Im an American and have fought for your Freedom to live and speak as you wish but muslims will never give us that same Freedom.
    a few seconds ago · Like



Sunday, December 16, 2012

CNN's Piers Morgan uses stupidity, dead 1st graders to sell gun control

I don't know about you but listening to a guy from another country question a very basic RIGHT guaranteed to me by my country's constitution doesn't sit well with me. It's even worse when that guy is British. My ancestors fought and in some cases died to ensure that I have the rights written in that document, and it was written in direct response to the British oppression of the time. So you can imagine the rage I felt listening to this:
But let's get to what Piers is doing here. First he is using complete nonsensical stupidity and ignorance to sell the idea of ridding the U.S. Bill or Rights of its 2nd Amendment. In the video, Steve Dulan makes a perfectly logical case by saying that licensed and properly trained people who carry should be allowed "to carry in places that [they] couldn't carry before." He goes on to say that the only way to stop a deranged killer is to shoot him. At this point Piers loses his mind and calls it "a load of total hogwash"because "if everyone was armed in [the Aurora, Colorado] theater, TWICE as many people would have been killed in the mayhem that would have erupted." 

Here are the list of things you have to either ignore, or be completely stupid about in order for that to be correct:
  1. That trained, law abiding citizens would somehow become careless about innocent human life when it came time to use a weapon. Where this comes from is that people like Piers are so terrified of guns that they think the guns are possessed to the point that it has its own personality, that it is an evil living thing and that it wants to kill and will when given the opportunity. They also believe that ALL people that possess guns are also under the gun's spell - that they must find an excuse to use it, and to kill as much life as possible. Because of this irrational fear of guns, all logic gets thrown out the window. You can tell when Piers says that when other, innocent citizens in a massacre are armed, that "twice as many people would be killed," what he really means is that those armed citizens will just simply join in on the massacre! Or maybe what he means is that the armed innocents will draw their weapon and start shooting as fast as they can pull the trigger while they spin in 360 degree circles, completely disregarding human life? Let's reintroduce LOGIC into this debate. A mass murderer points ONE gun at many people, and of course, many people die. When MANY, properly trained people take aim at ONE person, the only way more than ONE person dies is by freak accident. Considering the body count in Colorado, Connecticut and elsewhere, I think anyone not willing to take the chance of an accidental death to save so many DOZENS of lives is kidding themselves.
  2. That video games replicate the complexities of aiming and shooting a weapon. Everyone that has had the luxury of comparing video games to real life know that your view through a monitor is extremely limited and that aiming is extremely cumbersome. In real life you are much more aware of whats around you and aiming is about as difficult as changing the channels on a TV with a remote.
  3. So let's show the real-world proof:
Grandpa here knows his stuff! Lots of people around, and he shoots right past them. "Twice as many people" were NOT killed. Piers' argument is based on nothing more than his cowardly, European inspired FEAR of guns.

But besides Piers' use of fear, ignorance and pure absence of logic to make his point, at 6:44 of the video he plays Tarzan on the heartstrings of devastated and mourning America while simultaneously BLAMING those patriots that defend the Constitution by screaming out "HOW MANY MORE KIDS HAVE TO DIE BEFORE YOU GUYS SAY WE WANT LESS GUNS NOT MORE?"
For that, Piers earns the Low-Life of the Year award for 2012.

Here's a suggestion Piers - you need to assimilate to OUR country by embracing everything we stand for, or get the hell out of here. You DO NOT belong here and you have officially worn out your welcome.

Wednesday, November 28, 2012

Thursday, November 22, 2012

Dead White Guys, or What the History Books Never Told You: The True Story of Thanksgiving

"Chapter 6, Dead White Guys, or What the History Books Never Told You: The True Story of Thanksgiving by Rush Limbaugh.

   -- The story of the Pilgrims begins in the early part of the seventeenth century ... The Church of England under King James I was persecuting anyone and everyone who did not recognize its absolute civil and spiritual authority. Those who challenged ecclesiastical authority and those who believed strongly in freedom of worship were hunted down, imprisoned, and sometimes executed for their beliefs." In England.
So, "A group of separatists first fled to Holland and established a community.  After eleven years, about forty of them agreed to make a perilous journey to the New World, where they would certainly face hardships, but could live and worship God according to the dictates of their own consciences. On August 1, 1620, the Mayflower set sail. It carried a total of 102 passengers, including forty Pilgrims led by William Bradford. On the journey, Bradford set up an agreement, a contract, that established just and equal laws for all members of the new community, irrespective of their religious beliefs. Where did the revolutionary ideas expressed in the Mayflower Compact come from? From the Bible. The Pilgrims were a people completely steeped in the lessons of the Old and New Testaments. They looked to the ancient Israelites for their example.
"And, because of the biblical precedents set forth in Scripture, they never doubted that their experiment would work. But this was no pleasure cruise, friends. The journey to the New World was a long and arduous one. And when the Pilgrims landed in New England in November, they found -- according to Bradford's detailed journal -- a cold, barren, desolate wilderness." The New York Jets had just lost to the Patriots. "There were no friends to greet them, he wrote." I just threw that in about the Jets and Patriots. "There were no houses to shelter them. There were no inns where they could refresh themselves. And the sacrifice they had made for freedom was just beginning. During the first winter, half the Pilgrims -- including Bradford's own wife -- died of either starvation, sickness or exposure. When spring finally came, Indians taught the settlers how to plant corn, fish for cod and skin beavers for coats.
"Life improved for the Pilgrims, but they did not yet prosper! This is important to understand because this is where modern American history lessons often end. Thanksgiving is actually explained in some textbooks as a holiday for which the Pilgrims gave thanks to the Indians for saving their lives, rather than as a devout expression of gratitude grounded in the tradition of" the Bible, "both the Old and New Testaments. Here is the part that has been omitted: The original contract the Pilgrims had entered into with their merchant-sponsors in London called for everything they produced to go into a common store, and each member of the community was entitled to one common share. All of the land they cleared and the houses they built belonged to the community as well." Everything belonged to everybody. "They were going to distribute it equally. All of the land they cleared and the houses they built belonged to the community as well.
"Nobody owned anything." It was a forerunner of Occupy Wall Street. Seriously. "They just had a share in it," but nobody owned anything. "It was a commune, folks." The original pilgrim settlement was a commune. "It was the forerunner to the communes we saw in the '60s and '70s out in California," and Occupy Wall Street, "and it was complete with organic vegetables, by the way." There's no question they were organic vegetables. What else could they be? "Bradford, who had become the new governor of the colony, recognized that this form of collectivism was as costly and destructive to the Pilgrims as that first harsh winter, which had taken so many lives. He decided to take bold action. Bradford assigned a plot of land to each family to work and manage," as they saw fit, and, "thus turning loose the power of the marketplace. That's right. Long before Karl Marx was even born, the Pilgrims had discovered and experimented with what could only be described as socialism.
"And what happened? It didn't work!" They nearly starved! "It never has worked! What Bradford and his community found was that the most creative and industrious people had no incentive to work any harder than anyone else, unless they could utilize the power of personal motivation! But while most of the rest of the world has been experimenting with socialism for well over a hundred years -- trying to refine it, perfect it, and re-invent it -- the Pilgrims decided early on to scrap it permanently. What Bradford wrote about this social experiment should be in every schoolchild's history lesson. If it were, we might prevent much needless suffering in the future." If it were, there wouldn't be any Occupy Wall Street. There wouldn't be any romance for it.
"The experience that we had in this common course and condition,'" Bradford wrote. "'The experience that we had in this common course and condition tried sundry years...that by taking away property, and bringing community into a common wealth, would make them happy and flourishing -- as if they were wiser than God,' Bradford wrote." This was his way of saying, it didn't work, we thought we were smarter than everybody, everybody was gonna share equally, nobody was gonna have anything more than anything else, it was gonna be hunky-dory, kumbaya. Except it doesn't work. Because of half of them didn't work, maybe more. They depended on the others to do all the work. There was no incentive.
"'For this community [so far as it was] was found to breed much confusion and discontent, and retard much employment that would have been to their benefit and comfort. For young men that were most able and fit for labor and service did repine that they should spend their time and strength to work for other men's wives and children without any recompense,'" without being paid for it, "'that was thought injustice.'" They figured it out real quick. Half the community is not working -- living off the other half, that is. Resentment built. Why should you work for other people when you can't work for yourself? that's what he was saying. So the Pilgrims found that people could not be expected to do their best work without incentive. So what did Bradford's community try next? They unharnessed the power of good old free enterprise by invoking the under-girding capitalistic principle of private property.
"Every family was assigned its own plot of land to work and permitted to market its own crops and products. And what was the result? 'This had very good success,' wrote Bradford, 'for it made all hands industrious, so as much more corn was planted than otherwise would have been.' ... Is it possible that supply-side economics could have existed before the 1980s? Yes," it did. "Now, this is where it gets really good, folks, if you're laboring under the misconception that I was, as I was taught in school. So they set up trading posts and exchanged goods with the Indians." This is what happened. After everybody had their own plot of land and were allowed to market it and develop it as they saw fit and got to keep what they produced, bounty, plenty resulted.
"And then they set up trading posts, stores. They exchanged goods with and sold the Indians things. Good old-fashioned commerce. They sold stuff. And there were profits because they were screwing the Indians with the price. I'm just throwing that in. No, there were profits, and, "The profits allowed them to pay off their debts to the merchants in London." The Canarsie tribe showed up and they paid double, which is what made the Canarsie tribe screw us in the "Manna-hatin" deal years later. (I just threw that in.) They paid off the merchant sponsors back in London with their profits, they were selling goods and services to the Indians. "[T]he success and prosperity of the Plymouth settlement attracted more Europeans," what was barren was now productive, "and began what came to be known as the 'Great Puritan Migration.'
But this story stops when the Indians taught the newly arrived suffering-in-socialism Pilgrims how to plant corn and fish for cod. That's where the original Thanksgiving story stops, and the story basically doesn't even begin there. The real story of Thanksgiving is William Bradford giving thanks to God," the pilgrims giving thanks to God, "for the guidance and the inspiration to set up a thriving colony," for surviving the trip, for surviving the experience and prospering in it. "The bounty was shared with the Indians." That's the story. "They did sit down" and they did have free-range turkey and organic vegetables. There were no trans fats, "but it was not the Indians who saved the day. It was capitalism and Scripture which saved the day," as acknowledged by George Washington in his first Thanksgiving Proclamation in 1789, which I also have here.
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RUSH: I want to quickly tell you about one passenger on the Mayflower, a guy named Francis Eaton. He was a carpenter. He was not one of the Pilgrims. He was another passenger. He was a carpenter. He died in 1633, 13 years after they landed at Plymouth, and here's what he left in his will: "One cow, one calf, two hogs, 50 bushels of corn, a black suit, a white hat, a black hat, boots, saws, hammers, square augers, a chisel, fishing lead, and some kitchen items" and his season tickets for the Redskins-Cowboys game. No, no, seriously. This is the estate of one of the men who probably built many of the houses for the first settlers. Very modest. But it shows what he saw as wealth back then. By the way, the life expectancy back then was not much.  Not compared to today.  And just remember, they were not eating trans fats, and they didn't live as long as we do today.
END TRANSCRIPT - Written by Rush Limbaugh