James Taranto wrote an interesting piece on October 23, 2008 in the Wall Street Journal. As expected, none of this was picked up by the liberal media. Why? It embodies the essence of the socialist mindset of spreading the wealth around.

A plan by Teresa Ghilarducci, professor of economic-policy analysis at the New School for Social Research in New York, contains elements that are being considered. . . .

The current system of providing tax breaks on 401(k) contributions and earnings would be eliminated. “I want to stop the federal subsidy of 401(k)s,” Ghilarducci said in an interview. “401(k)s can continue to exist, but they won’t have the benefit of the subsidy of the tax break.”

Ghilarducci outlined her plan last year in a paper for the left-liberal Economic Policy Institute, in which she acknowledges that her plan would amount to a tax increase on workers making more than $75,000–considerably less than the $250,000 Barack Obama has said would be his tax-hike cutoff. In addition, workers would be able to pass on only half of their account balances to their heirs; presumably the government would seize the remaining half. (Under current law, 401(k) balances are fully heritable, although they are subject to the income tax.)

Just wait folks… it’s only just beginning!

Today may well be the most important day in our country’s history. For the past 232 years we have had a democracy thriving in a free market economy. On July 4, 1776, several forward-thinking men put on paper a concept that has shaped our nation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

When reading this again today, I stumbled across this and thought that it was very appropriate for today’s post.

Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes;

For the past several months, the liberal drive-by media has hoisted up “that one” as being what is right for our country. The Democrats hatred of America, George Bush, and conservatism has resulted in a drunken orgy of monumental proportions. Never in my lifetime have I seen the media ignore truth and facts to such a degree. Their control of the airwaves is designed purely to keep Americans from finding out the truth. Let us pray this isn’t a harbinger of a state-run media being forced upon us.

By midnight tonight we will learn the fate of our democracy. It will either persevere or take a dangerous turn to the socialist left. Should Barack Hussein Obama win; the deadly duo of Pelosi and Reed may enact such heinous laws that this country may never be able to truly recover. When Obama talks about change, he wants to rewrite the Constitution and redistribute the wealth - it’s the socialist way. His regime could liberalize our courts with judicial appointments that legislate from the bench as opposed to upholding the Constitution.

On September 17, 1787, the United States Constitution was adopted. The first ten amendments are our Bill of Rights. These are the protections that we’re entitled to in a free America.

1. Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
2. A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
3. No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law.
4. The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
5. No person shall be held to answer for any capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
6. In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district where in the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defense.
7. In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any court of the United States, than according to the rules of the common law.
8. Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.
9. The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
10. The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.

If Obama, Pelosi, and Reid have their way; we may be looking at a very different America by the time of our next presidential election in 2012. Focus on the Family posted a letter yesterday describing what America may look like in four years.

An Obama regime will probably use the “Fairness Doctrine” to silence his critics. This online magazine may become illegal as we lose our freedom of speech and freedom of the press.

An Obama regime will probably try to categorize evangelical Christianity as “hate speech.” Will pastors in churches across this country be hauled off their pulpits in handcuffs? Will we lose our freedom of religion? While Obama’s spiritual leader, Rev. Jeremiah Wright, said heinous and hateful things from his pulpit; that is his constitutional right.

Will an Obama regime go house to house and take away your guns? After all he claimed the we “cling to our religion and guns.” What about our constitutional right to bear arms; will we lose that? What about our protection against unlawful search and seizure?

We at Sensible Life will be praying constantly today as Americans go to the polls and vote. We urge you to do the same.

Lisa Greer, Managing Editor
Jyll Heiden, Editorial Staff

First of all, we at Sensible Life are hoping that we never have to learn what it would be like to have a socialist in the White House. Our heart aches for the preservation of democracy in America.

We’ve pulled together some interesting things for you to consider:

1. A Federal Communications Commission investigation of on-air military analysts is providing a glimpse of what Democrats and an Obama administration will do to critics once they capture Washington.
2. Comrade Obama: Under his tax plan, the top 5 percent of wage-earners have their income tax rates raised from 35 percent to 40 percent, while the bottom 40 percent of all wage-earners, who pay no income tax, are sent federal checks. Enforced egalitarianism entails the death of excellence. For it seizes the rewards that excellence earns and turns them over to politicians and bureaucrats for distribution to the mediocrities upon whose votes they depend.
3. Obama on the war on terror: Just how dangerous will an Obama presidency be for America?
4. Obama’s first 100 days - a slow and deliberate destruction of American democracy?

Finally, we leave you with a prayer posted on Townhall.com by “SmoothTalker:”

Dear GOD…As you look upon this world, and shake your head; know there are those who continue to keep you in their hearts.  For the last fort-five years or so, we have experienced a decline in morals and and Christian values.  Our USA Government has increasingly allowed YOU to be separated, and cut off from this great nation, by imposing laws to suppress YOUR WORD.  We have court cases involving “speeches in schools”, the displaying of “crosses and The Ten Commandants”, and countless other situations where people have openly proclaimed their allegiance to YOU.

We are in a crisis on so many fronts in this great land of America.  At the crossroads stands freedom to pursue the American Dream, or Government Control, to allow us only what is considered acceptable in their view.  Our election process has been hijacked by liberal media, and will not inform the American people of important “issues” they need to know to make an informed choice on Election Day.

Race has become a factor, although both Parties will deny this.  You made all men in YOUR likeness, and YOU have no color preference.  Please remind us as we go to vote, that color is only skin deep, and it is character and values that count on Election Day.  People have turned a blind eye to “issues”, and want to make this election all about voting in the first black President.  There are more qualified and deserving black candidates in our country, who will come to the forefront.  Is it more important to vote for color than the well being of this entire country?

YOU know our future, and YOU have a plan.  Keep us in the palm of your hand as we make a choice that will affect generations.  Know that whatever happens on November 4, YOUR loyal children will continue to fight for our right to defend YOUR WORD.

Watch over us and keep us safe in these uncertain times…YOUR WILL BE DONE!