Obama's Economy

How is Comrade Obama’s “redistribution of the wealth” program going?

Here is a short history lesson for you guys. In 1917 comrade Lenin took over the Russian government in a bloodless coup. Then he socialized the economy under the principle of redistributing the wealth. By 1921, the Russian economy was in such bad shape that Lenin had to introduce the “New Economic Policy” which was a return to capitalism. How long will it be before comrade Obama has to admit his mistake and let people who work keep some of their money?

Seems he’s redistributing it among his friends so far.

The Wal-Mart Effect: How the World’s Most Powerful Company Really Works–and HowIt’s Transforming the American Economy $5.99 Wal-Mart isn’t just the world’s biggest company, it is probably the world’s most written-about. But no book until this one has managed to penetrate its wall of silence or go beyond the usual polemics to analyze its actual effects on its customers, workers, and suppliers. Drawing on unprecedented interviews with former Wal-Mart executives and a wealth of staggering data (e.g., Americans spend $36 m…

Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Street $14.96 Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the “Young Guns” and one of the “five hot minds in economics” by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evi…

Free Ride: How Digital Parasites are Destroying the Culture Business, and How the Culture Business Can Fight Back $12.44 How did the newspaper, music, and film industries go from raking in big bucks to scooping up digital dimes? Their customers were lured away by the free ride of technology. Now, business journalist Robert Levine shows how they can get back on track. On the Internet, “information wants to be free.” This memorable phrase shaped the online business model, but it is now driving the media co…