[Marxism] More of My Favorite Articles

[S. Artesian]

In this weekend's  WSJ.com:

1.  Fed Chairman's boyhood home in Dillon, South Carolina bought in a foreclosure sale.  Dillon SC has a poverty rate twice the national average, along with an unemployment rate twice the national average.

2.  Governor Mark Sanford of the very same South Carolina considers refusing stimulus money from the Federal government as he fears this will convert the hard-working but unemployed people of his state into dependents of a "savior-based" economy.  

3.  Obama now turns to fiscal responsibility, to reduce the estimated $2 trillion deficit.  Hmmh.. so after a stimulus that is 35% tax cuts, that allows private equity funds to buy-back their own distressed debt and defer paying any taxes until 2011, and then parcel the payments out over 5 years, now Obama worries about fiscal responsibility.  We know what that means, since, unlike Clinton, Obama won't impose a tax hike at the start, or anytime during his administration-- it means cutting spending.  Physician, stimulate thyself.