This familiar story is a great one to share with our kids.
An economics professor at a local college made a statement that he had never failed a single student before but had recently failed an entire class.
That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, "OK, we will have an experiment in this class on Obama's plan". All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an “A”.... (substituting grades for dollars - something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a “B”. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride
too so they studied little. The second test average was a “D”! No one was happy.
When the 3rd test rolled around, the new average was an “F”.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
Human nature will always cause socialism's style of government to fail. It is as simple as that.
1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
"Thomas Peterffy grew up in socialist Hungary.
"Despite the fact that he could not speak English when he immigrated to the United States in 1956, Thomas fulfilled the American dream.
"With hard work and dedication, he started a business that today employs thousands of people.
"In the 1970s, Thomas bought a seat on the American Stock Exchange. He played a key role in developing the electronic trading of securities and is the founder of Interactive Brokers, an online discount brokerage firm with offices all over the world."
Recently, Thomas created a one minute ad to warn Americans about the path our country is on. He wants his "adopted country" to know that we are on a "slippery slope."
Thank goodness for great people who are willing to speak out! Not everyone has experienced socialism first hand like Thomas Peterffy, but students of history recognize that, in the long run, socialism has a very bad track record.
"America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy. Yes, in socialism the rich will be poorer -- but the poor will also be poorer. People will lose interest in really working hard and creating jobs." ~Thomas Peterffy
The Real Legacy of Margaret Thatcher
By Brandon Stewart From Heritage.org
"Like President Ronald Reagan, her political soulmate, Margaret Thatcher came to power at a desperate time in her country's history, when real leadership and bold ideas were most needed.
"By applying conservative principles to the challenges she faced, she was able to achieve real and lasting success.
"Then, as today, she faced an extraordinary set of challenges and a chorus of voices saying her country's best days were behind it.
"Thatcher's successes are a comforting reminder of the power of a bold, conservative vision."
"If the state wishes to spend more, it can do so only by borrowing your savings or taxing you more. And it's no good thinking someone else will pay, that someone else is you." ~Margaret Thatcher
A Parable Adapted for Our Day
By Ronald Reagan
Once upon a time there was a little red hen who scratched about the barnyard until she uncovered some grains of wheat. She called her neighbors and said 'If we plant this wheat, we shall have bread to eat. Who will help me plant it?'
"Not I, " said the cow.
"Not I," said the duck.
"Not I," said the pig.
"Not I," said the goose.
"Then I will," said the little red hen. And she did. The wheat grew tall and ripened into golden grain. "Who will help me reap my wheat?" asked the little red hen.
"Not I," said the duck.
"Out of my classification," said the pig.
"I'd lose my seniority," said the cow.
"I'd lose my unemployment compensation," said the goose.
"Then I will," said the little red hen, and she did.
At last the time came to bake the bread. "Who will help me bake bread?" asked the little red hen.
"That would be overtime for me," said the cow.
"I'd lose my welfare benefits," said the duck.
"I'm a dropout and never learned how," said the pig.
"If I'm to be the only helper, that's discrimination," said the goose.
"Then I will," said the little red hen.
She baked five loaves and held them up for the neighbors to see.
They all wanted some and, in fact, demanded a share. But the little red hen said, "No, I can eat the five loaves myself."
"Excess profits," cried the cow.
"Capitalist leech," screamed the duck.
"I demand equal rights," yelled the goose.
And the pig just grunted.
And they painted "unfair" picket signs and marched round and round the little red hen shouting obscenities.
When the government agent came, he said to the little red hen, "You must not be greedy."
"But I earned the bread," said the little red hen.
"Exactly," said the agent. "That's the wonderful free enterprise system. Anyone in the barnyard can earn as much as he wants. But under our modern government regulations productive workers must divide their products with the idle."
And they lived happily ever after, including the little red hen, who smiled and clucked, "I am grateful, I am grateful."
But her neighbors wondered why she never again baked any more bread....
Have you ever tried to convince a friend that capitalism is a far better system than socialism?
Did you prepare, cite facts and figures to support your view, but still your friend remained unpersuaded?
Many people have been taught that free enterprise is immoral or unfair. We will not be able to influence them unless we change our approach.
Until people understand the moral case for capitalism, government will keep growing, and freedom will continue to shrink.
Based on his best-selling book "The Road to Freedom," AEI President Arthur C. Brooks explains how we can make the case for free enterprise by conveying what is in our hearts. "We have to see that we're not in an economic battle for the future of America," Arthur says. "We're in a moral battle."
This video lasts less than 8 minutes, and shows how we can be more persuasive. We can effectively make the moral case for free enterprise and show the pitfalls of a dependency culture.
President Reagan's advice on socialized medicine is perhaps even more relevant today than when he gave it. We need to stop government encroachment on our liberty!
“Since the general civilization of mankind, I believe there are more instances of the abridgment of the freedom of the people by gradual and silent encroachment of those in power than by violent and sudden usurpations.” James Madison
Many people have died trying to escape from socialist countries to come to America. But people don't risk their lives to leave capitalism. That's tough to explain for people who want to believe socialism is better, so they claim to have an alternate view of the “truth.” You may have heard people say "You have your truth and I have mine." But in reality, though everyone can have their own opinion or perspective, there is only one version of the truth. Here's why...
Nobel Prize Winner Rejects Socialism
Nobel Laureate and Atlas Templeton Leadership Fellow, Mario Vargas Llosa, was once a left-wing artist. But after witnessing first-hand the evil regimes created by government socialism, he is now one of the world’s most important free market advocates
We could solve all our economic woes if only the rich people would pay their fair share of taxes.
At least that's what some Progressives say.
Progressive politicians are fond of making promises with other people’s money.
How else can they get elected?
However, the harsh economic realities are increasingly hard to hide. In the words of Margaret Thatcher, “The trouble with Socialism is, sooner or later you run out of other people’s money.”
But so far, economic realities haven’t stopped the Progressives. They don’t mind mortgaging the future of our kids and grandkids to China. They still pretend the debt could be paid if only rich people weren't so greedy.
Well, it doesn’t take long to dispel that myth. Bill Whittle does it in under 10 minutes.
"The moment the idea is admitted into society, that property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If "Thou shall not covet," and "Thou shall not steal," are not commandments of Heaven, they must be made inviolable precepts in every society, before it can be civilized or made free. ~ John Adams
I love America and the Patriotic Moms who are trying to preserve goodness, liberty, and prosperity in this great land.
And I’m always looking for things to share that will be most helpful.
While doing research for today’s post I came across a video that explains that America’s decline is not an accident.
Our values and freedom are under attack.
Is this possible? What is causing the serious challenges we are experiencing as a nation?
Are we facing an unknown enemy? What can we do to prepare our children for the days ahead?
Here is the video for you to see.