The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Archive for April 17th, 2010

Just how out of control is government spending?

Posted by iusbvision on April 17, 2010

The Democrats would tell you that the problem isn’t spending, it is that the “evil rich” don’t pay enough and deficits are a result in the loss in revenue due to tax cuts; in spite of the fact that it is proven that tax cuts that incentivize growth increase government revenue (if you care to challenge me on that fact please do).

So when your income goes up and your deficits continues to rise,  that does not indicate a revenue problem, it indicates a spending problem as these graphs show beyond reasonable doubt.

Posted in 2012, Chuck Norton, Economics 101, Energy & Taxes, Obama and Congress Post Inaugration | Leave a Comment »

VIDEO: Academia vs. Real World. Often the Difference is Gaping

Posted by iusbvision on April 17, 2010

In fairness, most business & economics professors at IUSB range from pretty good to absolutely outstanding, but in this case the subject is not important, it is the massive gulf between those who consider themselves the elite who theorize and those who actually do.

With the exception of some business & economics departments (and IUSB is blessed with a good one), most universities push marxist conflict theory, so-called social justice and a fantasy normative world where nothing actually has to get created and no real work has to get done. I graduate in two weeks and I have had more assigned study/discussion/reading time on the words of Judith Butler, a communist feminist who believes that women have feminine ways because it is a performance for their patriarchal masters, than I have original sources of Aristotle, Plato, Socrates, Cicero, Bacon, Locke, Douglas and Aquinas combined.  

The vast majority of classes I had  were slanted towards the far left from one degree or another. Marxist theory is held up on a pedestal, the Marxists themselves are studied in such a way that is praiseworthy. Capitalists do not receive such treatment, in fact they are cut out and a serious discussion about the victories and blessings of Capitalism and freedom and our western culture, forget it. I never even heard the name Adam Smith in a classroom till I took an economics class.

[Editor’s note – I am aware that a beginning economics class assumes perfect competition with ideal governmental conditions for the purpose of teaching the basic fixed costs/variable costs/opportunity costs model, but the professor in the video tells Thornton Mellon, a highly successful and genius businessman who meets a payroll in numbering in the thousands, “that is not business” and is quite offended. A good professor who had real world experience outside of a text book would have said, “Mr. Mellon, you of course are absolutely correct, but this is just an exercise to teach the most simple basics and several of the complexities you mentioned are covered at the X00 level class.”]

Posted in Campus Freedom, Indoctrination & Censorship, Chuck Norton, Culture War | 1 Comment »

Cong. Candidate Lt. Col. Allen West Awesome Speech at Tea Party

Posted by iusbvision on April 17, 2010

Lt. Col. West gives a real stem-winder of a speech which has economics, history, civics and he describes some of the racist attacks made against him by Democrats. It is lots of fun to watch:

Canadian immigrant Justin Graber spoke at the Elkhart Tea Party event. He had an inspiring speech of his own:  

Posted in 2012, Chuck Norton, Economics 101, Obama and Congress Post Inaugration | Leave a Comment »