The myth of a democratic socialist society funded by capitalism is finished

Quote of the Day for Thursday, September 6th, 2012: Janet Daley, in The Telegraph, explaining to her fellow Britons why “We should tune in to the Romney and Ryan show”: What is being challenged is nothing less than the most basic premise of the politics of the centre ground: that you can have free market economics and a democratic socialist welfare system at the same time. The magic formula in which the wealth produced by the market economy is redistributed by the state – from those who produce it to those whom the government believes deserve it – has go...

Waiting for Permission to Do Good?

So, the uber-wealthy Warren Buffett is complaining again that he pays too little in taxes: “I think that people at the high end, people like myself, should be paying a lot more in taxes; we have it better than we’ve ever had it.” http://www.youtube.com/v/tubgMAh5s74?hl=en&hd=1<\/embed><\/object><\/div>";" alt="" data-recalc-dims="1"/> Buffett on ABC’s This Week with Christiane Amanpour The duplicity in all this is just staggering. As a commenter at HotAir noted, Warren Buffett makes a significant amount of money sell...