Mark Steyn gave a fantastic monologue subbing in for Rush today, explaining the idiocy of the Buffett rule (aka taxing the rich) and how it would take 514 YEARS for the Buffett rule to pay off Obama’s 2011 deficit.

Listen:




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81 comments
Cece Lightfoot
Cece Lightfoot

A great education with Mark. Love listening to the man!!!

yhxqqsn
yhxqqsn

The Demofreaks want to tax everyone because even they aren't stupid enough to believe that taxing just one small group of citizens is going to pay for all their "help" they given to the country. But they are afraid to admit that at this time because of course no one wants to hear that. So using their usual MO they are first sticking the camel's nose("JUST tax the EVIL RICH") in the tent and will slowly get the whole thing in there eventually.

pdxlady
pdxlady

The "Federal Bufficit," I love Mark Steyn. He always cracks himself up and that cracks me up. He always serves up brilliance with humor.

BS61
BS61

I love him!

iHeartLife
iHeartLife

More proof that maths is hard for a particular group of people. Who'da thought that being rich would one day become a near stigma? *shrugg...

Suzyqpie
Suzyqpie

"How does allowing politicians to take more money from Americas most successful in taxes to squander in ways that enhance their reelection prospects, make anything more "fair" for anyone," quote Dr T Sowell. The folly can not be summarized more succinctly.

MLCBLOG
MLCBLOG

Buffett is a buffoon, or worse. I think he is not only positing unrealistic and foolish ideas, hoping to gather some people, for what reason I do not know, but even more I have heard about his very ruthless play of the market while he fronts off these foolish idea. He would like us to think he is just a buffoon. I think he is a shady character. My first tip was a solid businessman being a liberal. I don't buy that, either. I think it's a ruse.

GiantM
GiantM

Sorry Jennie, I'm sure what you said was good, but it's posts like this in the forum that end up on my scroll button. Google: A.D.D. :-)

Jerseygalnny
Jerseygalnny

I can listen to Mark Steyn all day! Thanks, RS, for posting this!

Diogenes_wy
Diogenes_wy

Consider the following:

1) The economy is like a runaway train: It is going to crash and nobody can or could stop it. Not even Mitt. The Leftist/Liberal/Progressives, starting with Teddy Roosevelt, have set it on this course and by all that is Holy, they should be the ones at the throttle when it hits the cliff. Who better to take the blame?

2) Margret Thatcher: “Socialism is fine until you run out of other people’s money”. Tax the rich is preposterous. They just pick up their marbles and find a more equitable game. If the top 5% of earners (who pay over 60% of taxes) decide to close up shop and live off their off shore accounts in a country that is cheaper than the US for the next four years where will the money come from to support the government give-away programs? Remember, it’s an INCOME tax. No income. No tax.

3) The top three government expenditures are social welfare programs, the military and government salaries. Cut any of these and you will be voted out of office. Also, without the government give-aways, the 47% will do what the Greeks are doing: rioting. Which means this government will be fighting in the streets against those who elected them.

By voicing a bi-partisan effort, the Republicans cannot be blamed for obstructionism by the administration (as they did for the last four years) when their Marxist/Socialist policies fail. In other words, the fault for failure will fall entirely on Obama and the Democrats (where it belongs).

As conservatives, we understand the principle of ‘building our house on the rock and not the shifting sands’. So we will hunker down in our communities and work to elect good conservatives to local offices, support our churches and educate our children. And when the storm has passed we will be there to pick up the pieces and rebuild and get the train back on the right track.

K-Bob
K-Bob

Iowahawk did a very similar bit of work in March of 2011, and I'd bet Mark saw it. It takes the same concept and adds more to it. BONUS: includes all the numbers so you can check his "maff."

Iowahawk: Feed Your Family on $10 Billion a Day

LIBERTYUSA
LIBERTYUSA

...this COUNTRY is LOST ." (period)

Jasper Silvis
Jasper Silvis

The rich "have all the yachts and all the Gulf Streams..."

Yes, and we need the rich to be so wealthy that they buy a lot more. Manufacture and assembly of yachts and private jets employs tens of thousands of people. We need even more rich people buying even more expensive goodies to get America working again.

Yazz55
Yazz55

Tax the rich is only political correct speak for class warfare and punish success.

WordsFailMe
WordsFailMe

We need to let the country go over the edge. No bailouts, never again. These Republicans are about to sacrifice Americans those earning $250,000 or $1 million or more, to try to prevent the country from thinking of Republicans as heartless.

It won't work-Republicans are heartless, greedy, manipulative, sycophantic and yellow.

Get this goddam government off my back and out of my neighbor hood! I don't care what color the stinking President is. Let him shut up and get back on vacation.

Let this country's economy crash. Do not delay the crash. The sooner the weak and unskilled figure out that no one is going to get them a phone or make the phones work, the sooner they will get back in their ghettos and shut up and take the handouts they can get. All we have to do is let the scum know they will not only have to work but they will have to succeed, on their own. This system of takers will crash in 3 years.

Let the system crash! Do not tax the rich thinking that will keep the commies from your door. The commies are coming and they are driving the cars you dreamed up and you built and they are on the roads and crossing the bridges you designed and you paid for.

Let them starve under the crush of their own greed and mindlessness. Scorched earth, I say, no prisoners, no mercy! Close the factories, burn the wheat fields, let the bridges rot and fall!

gunclinger
gunclinger

Where is John Galt?

I feel JUST as you do.

I retired early, and I will no longer pay taxes to support the mess created by BOTH Parties!

Just the property tax so they can't take that(yet).

Constance
Constance

I hear you. It is beyond frustrating. It's such a helpless feeling being a citizen in this country right now. Washington is not listening to us, and they don't care. The GOP is playing the same game again - Fiscal Cliff Crisis. It's a game that they already know the ending to, but we are kept in the dark until the last minute, when we are sold down the river once again. Then, in three more years, we will be told to hold our noses and vote for the candidate of choice, who promises to be conservative, but never is. I'm not doing it again. I'm not. I will not hold my nose and vote ever again in my life. And, I NEVER thought I would say this and mean it. I mean it now.

Constance
Constance

I have been madly infatuated with Mark Steyn for many years now. Intelligent, witty, brash, conservative to his core, and adorable. (big sigh)

Anyhow, I digress. :)

Giovanna Visconti
Giovanna Visconti

Constance, Talk about mad infatuation! I agree totally (even if I am just old enough--just!--to be his mother!). After all, the mind IS the sexiest organ, and coupled with brilliant wit and humor what's not to sigh for? And anyway, he's a redhead. That seals it for me! :)

sybilll
sybilll

We are really in a no-win situation here. Our American Idol society simply doesn't grasp (nor care?) about the enormity of the fiscal crisis. And trying to explain the Laffer curve to any liberal is like nailing Jell-O to a tree.

MicahStone
MicahStone

Actually, steyn MISSED the point ENTIRELY. Like all totalitarian-oriented leftist extremist regimes, the OBOZO crowd NEEDS a DEMON to keep the ignorant masses supporting them. The "rich" have often been used by such manipulative people to stir up emotions in the masses and have them misguidedly adhere to those that claim to be helping them by destroying the DEMONS (when, as always, it's just the opposite). So remember, it's NOT about taxing the rich - it's really about creating and perpetuating a DEMON that can be exploited for political gain.

K-Bob
K-Bob

That's a separate issue. Steyn has mentioned it before.

This is about the hard, cruel reality of the balance sheet.

Warren Buffet = four days.

That proves that, "Government is way bigger than the capacity of the rich to sustain it."

He totally nailed it.

Libertyship46
Libertyship46

And when we finally do run out of money and end up like Greece, what do we do? We are going to be facing social unrest on a scale that we've never seen before, worse than in 1968 or the Rodney King riots in Los Angeles. If I were you, I'd get ready. At this rate, it will be here by 2016.

401_Unauthorised
401_Unauthorised

Everytime Obama and his disgusting train of twits wax lyrical about taxing the rich, I scream what Mr Steyn says in the above clip at my television!

Sad thing though is that not once did I hear Mittens use this argument during the campaign, an argument that would have absolutely demolished Barack H Obama. And now, even after the election, instead of making this argument and showing up the Democrats for the Stalinists they are, Repoobicans are caving! I tell you folks, the GOP is a patsy party.

I mean even if all of us were to begin working for the government, there's no way we'd be able to pay off this debt in the next four years or close! Yet nobody in the Republican party can articulate this simple fact. We need a Brit-born Canadian to do it for us?

Taking back the narrative is not even hard yet they're not even trying?!

I am amazed.

(Well done Mr Steyn.)

Giovanna Visconti
Giovanna Visconti

Canadian-born, Brit educated, resident in New Hampshire...and otherwise a man "compleatly" unto himself.

Sober_Thinking
Sober_Thinking

Punishing, I mean "taxing" the rich is such donkey-squeeze... it does nothing but perpetuate the war on success. Obama is a crook and he's turning weak-minded Americans all gangta too. Absolute insanity.

sjmom
sjmom

Unfortunately, for Mark and for us, it takes common sense to understand what he just said and there seems to be little of it in today's world.

freenca
freenca

Brilliant! Making the average person understand the numbers is nigh on to impossible though as financial literacy is a non-op registered vehicle in this society! Having created a money pit of broken institutions and corrupt bureaocracies, the ruling class thinks they can perpetuate their own power. The bureaucrats may only succeed in blowing bubbles at the populace with no clue how to make the soap from which all the bubbles are made.

JeffWRidge
JeffWRidge

No matter how many times you point this out to the lefties, they never relent. That's because it's not about balancing the budget, or lowering the debt, or even helping the poor. It's all about redistributing wealth and punishing the rich. Lefties want to take away people's wealth to punish them. They're fanatics about it.

conservativemama
conservativemama

It's that but it's also about power. The Left will punish the wealthy and then confiscate what they cannot earn. They will have power and rule over us. It doesn't matter if the economy tanks because even in North Korea, the leaders still live well, eat well, dress well.

Envy, hate, avarice.................the attributes that drive the left.

JeffWRidge
JeffWRidge

You're right about that. Everything the left does is geared towards gaining them more power.

Dana ZZ Garcia
Dana ZZ Garcia

Great show. I particularly agree with his point about schools being indoctrination factories from the earliest grades.

"Give me four years to teach the children and the seed I have sown will never be uprooted." 
-- Vladimir Lenin

anneinarkansas
anneinarkansas

Love the man...he always nails it in that marvelous British accent.

K-Bob
K-Bob

Technically it's a Canadian accent, since that's his country of origin. But he lived in Britain and Australia for a while, so he's got his own version of Commonwealth-speak. That's not uhh, uncommon.

I like listening to folks from the Commonwealth countries: The Brits have regional dialects just like we do (for example, comparing Texan-speak with Boston-speak can be amusing). And just like here, over in Britain, folks can tell if you're from Cornwall or Cardiff by your accent.

Of course, citizens of the Commonwealth travel and relocate for work purposes among the various countries (UK, AUS, & CA being the largest). Several execs of British companies travel and live abroad for years before going home to retire in the UK. Despite this, the "locals" always come up with their own way to "pernounce" stuff, and it sticks. So if a Scot, an Aussie, and some Hoser from Thunder Bay, Ontario got together in a room, they would barely understand each other. Throw in a Texan and a die-hard NASCAR fan from Alabama, and you'd really have some fun.

But the Brits added one more twist by also dividing pronunciation along class lines. The Royals have an accent that almost no one else uses, and the next level of the peerage has their own way of speaking. It's from those folks that a type of pronunciation called Received English (or the received pronunciation was derived. This is a form of pronunciation that is the equivalent in bland, "un-accentedness" among Brits, as "midwestern American" is over here.

So your BBC news readers tend to sound like the ones who use received pronunciation in Britain, just as American broadcasters tend to recruit folks from the Midwest to do newscasts here.

There's three minutes of your life wasted! Sorry.

anneinarkansas
anneinarkansas

No apolgy needed. I really enjoyed your reponse. I too am interested in dialects all over and can distinguish many of the British classes..certainly not as well as you. I recognize Aussie and New Zealand too.

I am a "Southern Arkansan originally" which is different from where I live now in North Arkansas. I know the Texas accents and the difference in Mississippi, Alabama and different parts of Georgia and South Carolina, all different.

I also lived twelve years in New England and know the difference in Boston, Maine, Vermont, etc.

I lived nine years in Chicago which is the most unpleasant accent going. I get such a kick out of that peculiar Shep Smith (a Mississippi native) who adopts the Chicago way, as Rahm puts it.

My other husband and the father of my children is from Kansas City and has a Walter Chronkite speech pattern which my children seem to have adopted in spite of growing up in New England, living with a Southern mother and grandmother and living now in NYC and Seattle. (Yes, sorry to admit that they are liberal..advanced degrees from Yale and Boston College....love them anyway).

My husband of 17 years now and I grew up together and went back to our hometown in Southern Arkansas the same year when we went through divorces....lived on the same street, attended the same church and have similar family backgrounds. He is a great mimic and is so funny when we visit New England, picking up and reponding in their accent. We lived on the same street as kids is what I meant to say and attended the same church and high school.

When I first moved to New England from Chicago in 1979, people would say to me after hearing me speak "Where Y'all from?"...nasty I thought...I would respond "ChiCAgo" and then came the funny look, to which I replied "South Side."

Now you are bored....sorry!

K-Bob
K-Bob

I tend to blend in, too. But I drag in a few redneck-isms to keep people on their toes! (I've even converted my wife into the sekrit sussi-o-tee of rednecks.)

You couldn't be a snob, being married to one of the most community-oriented guys in your town. Fire chiefs, water system supervisors, and the road commissioners are like the town handymen. Pretty much the Git R Done boys.

anneinarkansas
anneinarkansas

Larry is one of my favorites....along with Tim Allen.

My dad was an engineer. His favorite person, besides my mother and me, was his brother who was a redneck and proud of it...Daddy idolized him.

Daddy could change his speech patterns when he so chose. With educated people he spoke their language. With his brother and his many friends he used theirs...I have heard that JFK could do that too.

My daddy was a great man...as is my husband...he has the same gift...educated and communicates with all.

I was not so blessed. People tell me that I have an "aristocratic" look. I am not like that at all. I am shy and have a difficult time in mixing with people.

I was most comfortable in front of a classroom where I could be anyone I wanted to be.

One thing I am not is a snob.

K-Bob
K-Bob

Thanks, anne! Like Larry The Cable Guy says, "Everyone makes fun of rednecks... until their car breaks down."

anneinarkansas
anneinarkansas

I like you!

While not a redneck (town girl growning up and retired teacher), many of my favorite people in life have been rednecks. I detest snobs, intellectual and social.

My husband is Fire Chief (at 74 years ofage) of our volunteer fire department...our best and most loyal people are the rednecks. We are in the country in a retirement area. Some of the "imports"are the nasties....not all of course, many great people here from all over the country.

K-Bob
K-Bob

They're an example of a fairly small, regionally-speaking, but identifiable accent of English that you don't hear anywhere else. Of course, the way people use the term is to refer to the yokel/redneck variety.

Ah, well. I'm a redneck, so I can laugh!

anneinarkansas
anneinarkansas

No, I am not. My other husband had a job offer near Pittsburgh (Upper St. Clair) the same year that we moved to New England, which he did not accept. It was a beautiful area.

My only other experience in PA has been in and out of the Philly airport.

K-Bob
K-Bob

That was hilarious! I agree about the ChiCAgo accent. Always drove me nuts. Eventually came to like it as traditional.

Are you familiar with the 'Yinzers' in Southwestern PA?

Marky_D
Marky_D

Love Steyn - no one does total civilisational collapse with such sharp wit!

kong1967
kong1967

Dang it....sorry. For some reason it's not posting my replies as replies. They're posting as original statements.

kong1967
kong1967

Woops...something went wrong.