Saturday, November 1, 2008

Greg Mankiw's Blog: Vernon Smith on Barack Obama

Greg Mankiw's Blog: Vernon Smith on Barack Obama:
"Of course it is entirely likely that Mr. Obama will succeed in going for higher business, capital gains and income taxes, but it is an economic illusion to think for a minute that this will benefit the poor. All our wars on poverty have been lost by failing to help the poor help themselves. Higher business taxes, which ultimately can only be paid by individuals anyway, will simply export more economic activity to the world economy. Higher capital gains and income taxes will primarily reduce savings and investment at the expense of greater future productivity, which is at the heart of cross-generational reductions in poverty. A dozen countries, including the third largest economy, already have zero taxes on capital gains, and eight of them score high on the Economic Freedom Index and high in gross domestic product per capita."

Psychology manipulation is systematic devious tool for many who would like to gain their own means, they know what is human wants what make the people thick. Everyone would like to belong to somewhere as we all belong one or another. Most religions or cults are well developed and sensitive this social change or mobility, accommodated them accordingly because of their survival and sustainability. It is nothing to do what is right for the people. I know a second rated abysmal academia who is set himself out some kind of Don Juan, recruit for his religion through love booming. This case his method is not devious not cunning at all it is rather pathetically stupid so obvious. He choose a post graduate mostly female students or a junior academian who has a good grade record, using love bombing so this candidate who are grateful so she writes a good references which can be viewed from public, so this guy move on another target using this reference, allured himself how he is great so the next target believed on his references, get into a trap and move next to one so on. people who are from unknown institutions, low social background and have low self-esteem, here is a person or group of people come to full attention and tell them - how good you are, beautiful, smart you are, you feel good about it, believed herself in an “beautiful elite” belong to a privileged group for pursuing a higher end. But as he himself built from substandard shallow deception and fraudulent, result will say. As eventfully system catches up his deception and people can figured out his stupid misleading. As himself instead of benevolence ruler of beautiful thriving kingdom he is an old cheap pimp in a cheap whore house in a seedy street. Who knows he become an online stalker!!