In America the rich is not a closed caste

Pundits and Occupiers talk about the rich or the “super rich” as if they were a closed caste. They seem to think that the wealthy in America are the product of generation after generation of rich families. It is true that some of the wealthy members of American society can trace their wealthy ancestors to the 19th century, but this is actually really rare.

In a recent op-Ed Michael Tanner of the Cato Institute pointed out that 80% of America’s millionaires come from families that are not rich.

So the vast majority of the wealthiest came about their wealth by moving up the income scale. I would also point out that it is not uncommon for the children of millionaires to lose all their parent’s money after inheriting.

What we have here is a society where people are rising and falling to the top of the economic/social scale as fortune and skill dictates. This is incredibly rare in the history of humanity and it should be celebrated more.

Give Pizza A Chance

When he was president of the Godfather's Pizza Company, Herman Cain poked fun at that loathsome John Lennon anthem so loved by lefties. Cain is currently leading the polls in the race for Republican nominee for the 2012 U.S. presidential election.

(HT: Ed Driscoll)

What if Chinese military bases were located in Texas?

Gary Johnson to be included in GOP debate

This is fantastic news. All things considered Gary Johnson would likely be my pick for president. I am ecstatic that he is finally being included in the debate. He is a voice that needs to heard.http://www.blogger.com/img/blank.gif

Government Spending Doesn't Create Jobs

Well it does create jobs, but it doesn't create wealth. And as the video points out wealth is what needs to be created for a more prosperous society.

Clint Eastwood on gay marriage

No one has ever articulated my own position on gay marriage as well as Clint Eastwood has:

"These people who are making a big deal out of gay marriage?" Eastwood opined. "I don't give a fuck about who wants to get married to anybody else! Why not?! We're making a big deal out of things we shouldn't be making a deal out of."

"They go on and on with all this bullshit about 'sanctity' -- don't give me that sanctity crap! Just give everybody the chance to have the life they want."

Also, I hope that the Ron Paul campaign team is in touch with Mr. Eastwood for a possible Paul/Eastwood ticket:

"I was an Eisenhower Republican when I started out at 21, because he promised to get us out of the Korean War," he told GQ. "And over the years, I realized there was a Republican philosophy that I liked. And then they lost it. And libertarians had more of it. Because what I really believe is, let's spend a little more time leaving everybody alone."