IS EUROPE ABANDONING SOCIALISM?

The following article by Joseph Farah will display what is at work here. The utter ruin of American competitiveness. That's the blueprint these Marxist Democratic party apparatchiks are using to shore up power for themselves and render the United States more pliable for the big takeover they have already begun executing. Paranoia or keen insight? You be the judge now, or history will do it for you.

HOW IRONIC IS IT THAT the U.S. is embracing socialism at the very moment Europe and many other parts of the world are running away from it? Somebody needs to ask Barack Obama and Nancy Pelosi about this.

In the past five years, 33 countries, including 20 in socialist Europe, always held up as the example for a new American economic model by Democrats, have cut their personal income taxes, according to a study by KPMG, the giant accounting firm. In the past four years, 60 countries have cut their corporate income tax rates. Why have they done it?

Simple. They want to compete more effectively for capital and human resources. Basically, the world has been turned upside-down—with territories even under Communist control recognizing that low taxes is what drives burgeoning economies.

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