Tag Archives: Economics

News

70 Democrat Representatives are members of Socialist Party

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Story on Gateway Pundit. (H/T ECM)

Excerpt:

The Socialist Party of America announced in their October 2009 newsletter that 70 Congressional democrats currently belong to their caucus.
This admission was recently posted on Scribd.com:

American Socialist Voter–
Q: How many members of the U.S. Congress are also members of the DSA?
A: Seventy

Q: How many of the DSA members sit on the Judiciary Committee?
A: Eleven: John Conyers [Chairman of the Judiciary Committee], Tammy Baldwin, Jerrold Nadler, Luis Gutierrez,
Melvin Watt, Maxine Waters, Hank Johnson, Steve Cohen, Barbara Lee, Robert Wexler, Linda Sanchez [there are 23 Democrats on the Judiciary Committee of which eleven, almost half, are now members of the DSA].

Q: Who are these members of 111th Congress?
A: See the listing below

Co-Chairs
Hon. Raúl M. Grijalva (AZ-07)
Hon. Lynn Woolsey (CA-06)

Vice Chairs
Hon. Diane Watson (CA-33)
Hon. Sheila Jackson-Lee (TX-18)
Hon. Mazie Hirono (HI-02)
Hon. Dennis Kucinich (OH-10)

The full list of 70 is in the original post.

And what kind of things do socialists vote for?

Things like this:

If you want to know why unemployment is so high, here is your answer. Anti-business is anti-jobs. It sounds good to rage against corporations and “greed”, but it means you’re going to be collecting unemployment for a living.

Podcasts

Frank Turek interviews Jay Richards on Christianity and capitalism

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Christian apologist Frank Turek, Ph.D interviews Jay Wesley Richards, Ph.D.

The MP3 file is here.

It’s a great interview, with lots of basic economics. Turek cites quotes from Richards’ book “Money, Greed and God” for Richards to respond to, and Richards provides lots of examples to make his points.

Here’s a quote of Frank, from the beginning of the podcast:

Money, Greed and God. How do those things go together, and why should we even be worried about them? And what does this have to do with apologetics? Well, in a few minutes, friends, you’re going to see that it has everything to do with apologetics. You know, you need money to do apologetics. You’re listening right now to a radio program that takes money to run. When you go buy an apologetics book, you need to pay for it. Somebody has gotten resources together – some of them immaterial resources, some of them material resources – they’ve put them together and they’ve marketed this piece to that you would buy it. That takes money. It takes money to preach the gospel across the world. It takes money to send missionaries overseas. It takes money to put on a TV program. It takes money to run an institute like the Discovery Institute. It takes money to run a seminary like Southern Evangelical Seminary or a ministry like CrossExamined.org. Money is essential to what we do. Well, you say “well, gee, you know, we’re Christians, we can’t really be concerned about money”. NONSENSE!

He’s right. And Christians need to be more careful about the economic environment that they work, save and invest in – because that’s where charity comes from.

Frank mentions that “Money, Greed and God” is now $10 on Amazon. Highly recommended, except for that awful chapter on usury. Skip that!

An easier book for total beginners is “The Virtues of Capitalism“. It’s also $10 on Amazon.com.

Related posts

Videos

Michele Bachmann makes the case for limited government

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Michele previews the Tea Party Caucus on Fox Business Network’s America’s Nightly Scoreboard. She also calls for a pro-business growth economy to help spur job creation forward and discusses the impact of SIGTARP.

Here’s another one where she discusses the financial regulation bill which exempts the SEC from transparency measure.

A while back she had called for an audit of the SEC.