Originally Posted by zybathegeek
True, but will the Nobel Prize committee rescind their award?
The Noble Prize Committee have been in the tank for progressive libs for at least 30 years. In the political leaders they honor, the fix is in and the honor is a tarnished and tattered piece of paper.
The folllowing is an excerpt of the article in post 1 of this thread.It would be hard to get a quote that more perfectly encapsulates the economic lunacy of Barack the Mad and his court, without bringing Jon Corzine back to the White House as an economic guru. He even says, verbatim, that the point of the Global Minimum Tax is to create “the assurance that nobody is escaping doing their fair share,” and compares it to Obama’s ridiculous class-war “Buffett Rule.” When the socialists are openly talking about using force to block off the routes of escape, things are getting serious.
It seems unlikely that the entire industrialized world could be induced to sign on to a Global Minimum Tax, especially since some of them have already junked Obama-style confiscatory tax regimes and enjoyed the resulting growth. The likely result of a partially-successful attempt to impose a global tax would be a smaller number of disobedient, business-friendly nations eating more of everyone else’s lunch. The next logical step would be laws against investing overseas, backed up with physical force.
There’s an old saying that you can find the freest nations by observing where all the refugees are fleeing to. You can spot the oppressive regimes by looking for the walls covered with barbed wire, and machine guns facing inward. It looks like the Obama team is itching to get started on its economic Berlin Wall.
While we await those “gory details” about this exciting new tax proposal, savor the low comedy of an Administration that wants to run up $11 trillion more in debt boasting that it has made “tough choices
Perhaps this tax is Obama's way to reduce illegal immegration??Edited by RJ - 2/14/12 at 11:57am