about this blog
- Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company.
He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
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Brian
Why is socialism such a scary concept? It has nothing to do with communism or sacrificing freedoms or anything else Americans hold dear. In fact, the US does have strong aspects of socialism relative to other countries and a few states have more socialist tendencies than many countries that are founded on liberal socialism. If we adopted a few more "socialist" ideals, we could improve our standard of living in many impoverished states, improve medical coverage and delivery and probably become a more productive nation.
liberty joe
Socialism does rob people of their liberty, Socialist Brian. Why shouldn't I be free to spend the money that I earned in the way that I choose? I don't need the government to take my money and give me a small percentage back through inferior services. The people that love socialism are the people that are either enormously rich or don't pay taxes anyway. We should all be as compassionate as John McCain, 27% of his earnings to charity, and less like the selfish, stingy Barrack Obama, 1% of his earnings to charity, then we wouldn't need government to extort money from hardworking taxpayers. The top 50% of all wage earners pay 97% of all taxes. Keep your greedy hands out of my pocket, socialist Brian, thanks.
Ross
NEW POST PLEASE!
dan
The history of the auto industry at home and foreign is filled with help from their governments. Need we talk about Japan, Germany or now India (which takes the land from the people and gives it to Tata). A world vision is needed when asking for a level playing field. Instead of Big 3 lets put in the words Financial Brokers and Banks and now we have Cody's block homeless. It is always easier to wish onto other regions of the country what you do not want to see out your own window Cody.
Richard
If Cuba's socialized health care is so great why is it you hear of people from other countries coming here to use our hospitals instead of going there
Adam
Socialism is bad math. How can people get more out of the government than they put in? The answer is that the government taxes businesses and the rich, launders the money through bureaucracy and the federal budget and viola we have Welfare, Medicare, subsidies, and bailouts. Socialism is about government enforced equality through monetary redistribution. Question: is it possible that people are happy being poor?
Mark
In the end, the problem with government and thier taxing ways is that the people that vote for and decide the policies are not the people that pay for the policies. The bottom 51% of wage earners have the majority of the votes, but they don't pay (hardly) anything, at least in income taxes. Mean while, the top 49% of earners don't have a majority of the votes, but they pay almost everything. Hence why the bottom 51% always wants more from the government - the marginal benifit they see is greater than the marginal cost, because they don't pay for it. If the guy working for minimun wage really had to pay for his universal health coverage, he wouldn't do it.