Friday, October 30, 2009

Conservitus Americanus

And on your right, ladies and gentlemen, please observe
The Conservative (Conservitus Americanus). This
fascinating species inhabits vast territories across
middle America, but rarely reveals itself in coastal
urban areas. It is commonly believed to be uptight,
humorless, and devoid of compassion, and is often
characterized as racist, homophobic, and highly
eco-unfriendly. Primary behaviors include unnecessary
warmongering, tax cutting, and gun collecting. For
decades, conservatives have proven to be hopelessly
un-hip, and their mating habits dull. They are highly
feared and often despised, for so few know and understand
their true nature.

AHCAA modifies Social Security Act

p3-4 Provides affordable, quality health care for all Americans
and reduce the growth of health care spending
p4 achieve this purpose by building on what works in today's
health care system, while repairing the aspects which are
broken
(A) enacts strong insurance market reforms
(B) Health Insurance Exchange, with a public health insurance
option
(C) sliding scale affordability credits
(D) shared responsibility among workers, employers and the
Government
p9 Health Choices Commissioner (sec 241)
p16 Secretary HHS shall establish a temporary national high-risk
pool January 1, 2010 until Health Insurance Exchange is
established

Thursday, October 29, 2009

Domestic Axis of Evil

There is a domestic axis of evil which - although they have
sworn to support and defend the Constitution - does everything
to destroy it. It is Barack Hussein Obama, Nancy Pelosi, and
Harry Reid. They are supported by over 30 unapproved czars.
Banks are asked to send 3 years of increased premiums to the
FDIC. The premiums are based on assets - not deposits! In
case you have forgotten, FDIC is the Federal DEPOSIT Insurance
Corporation. Premiums were initially increased to raise the
insured limit from $100,000 to $250,000. Was this for the
middle class?
Small businesses will be forced to provide health care to their
employees on top of the Federal mandate to increase wages. If
the small business makes a profit, then they will have to pay
a surcharge (a tax by any other name). They will defer hiring.
The skewed business cycle will insure that the pain continues!

Wednesday, October 28, 2009

Medicare for Everyone

The "public option" is back on the table. This is not true
Marxism without it. The federal government has deep pockets
with 150 million taxpayers and a printing press and will kill
any competition.
The Baucus bill has 4 levels of coverage from Bronze (65%)
to Platinum (90%) and catastrophic coverage for those under
26 years old (in January 2013?).
Like the current Medicare, price controls will be
implemented. All of the economists advising the feds must
have missed the class on price controls. Less will be
produced - 7 minute limit on a doctor to treat a patient.
Doctors will opt out if possible. There will be a demand
bubble created.
The decreased reimbursement will mean more office visits -
if you need 2 shots, then you will get 1/visit. This wastes
our time, but everyone has coverage!
Please read Dr. Thomas Sowell's new 2009 books on Applied Economics: The Economics of Medical Care
and The Housing Boom and Bust
Government is the problem not the solution!

Tuesday, October 27, 2009

0bama and 0sama

Both are enemies of America. 0sama bin Laden has trained
Islamic zealots to wage Jihad against Israel and America.
These zealots murdered almost 3,000 Americans on 9/11.
Barack Hussein 0bama has implemented a blatently Marxist
agenda which is unConstitutional - even though he and his
accomplices took an oath to "support and defend the
Constitution against all enemies foreign and DOMESTIC."

Wednesday, October 14, 2009

Global Warming and the Polar Bear

Dennis Miller says:

"Beware the prophet who makes a profit!"

Statistics show the number of polar bears increasing.
When AlGore states that polar bears are an endangered
species, he might have a vested interest in using
his own statistics! After all, to admit that the movie,
a Nobel Prize, the global warming "crisis", etc are just
hype might embolden a Joe Wilson to shout "You lie!".
This might prove inconvenient!

Monday, October 12, 2009

The Fair Tax Defended

by Mary Lynn
When I read criticisms of the FairTax I seldom find any
that make any sense because what the FairTax does is free
us of the manipulation that the Congress devises on a daily
basis. Is freedom of so little value? Never mind, don't
answer. There are those among us who would choose slavery
every time it is offered.

The political class loves the income tax, because it funds
their campaigns, and when they leave office and become
lobbyists, it funds their lifestyle. Lobbyists spend
billions of dollars paying our elected officials to pick
winners and losers, and every time it is the citizen class
that loses. The tax code is now over 70,000 pages, and
even the President's cabinet can't, and I am being kind,
interpret the tax code well enough to properly pay their
taxes.

Even if we had to pay more with the FairTax, and the fact
is that the majority of taxpayers won't, we would no longer
have to spend hours justifying why we should be allowed to
keep any of the money we earn. No longer would we be
required to keep receipts, and employ accountants or tax
software to determine how much of our interest free loan
the government should return to us. This costs us over 300
billion dollars a year and returns nothing to our country's
productivity. It is a net drain on the economy. Curiously,
that number is similar to our yearly deficit pre-Obama.

The FairTax is an inclusive tax paid once at the retail level.
It is not a hidden tax, and taxpayers no longer have their
homes or liberty at risk. If you have ever seen the commercial
for tax lawyers that ends with the smiling couple saying,
"...and we got to keep our home!" you can realize just how
malignant the income tax is.

Another thing that the FairTax addresses that has to be taken
care of soon is Social Security. Right now there are three wage
earners to every Social Security recipient. That ratio is
changing in the wrong direction. The FairTax takes 8% of every
cent it collects to pay for its funding. It broadens the base
from which the tax is collected. Even the political class will
pay for Social Security. Oh! You didn't realize they don't pay
it now? Well they don't, and neither does Warren Buffett or any
person of wealth who lives off their investments.

The 50 million visitors to this country each year will also
support our retirement, not to mention illegal residents working
or not. On top of that, no legal citizen will pay taxes on
necessities. There will be no need for exemptions, and because
of this, this tax cannot be used to promote class warfare.

I have only touched on the tip of the benefits of the FairTax
in comparing it to our current system of taxation. I haven't
seen anything better on offer; and if your response is a flat
tax, that is how the income tax started in 1913. And the flat
tax does not address corporate taxes, estate taxes, and payroll
taxes, or the social engineering that robs us of our freedom.

If you are worried about your mortgage deduction, write
yourself a deduction of any size you want. You no longer need
a deduction from a tax you don't pay. When you pay your
mortgage you are paying with pretax dollars.

I could also mention that the FairTax will also bring
manufacturing and jobs back to the US. Our companies, that now
pay the second highest corporate tax in the world, would be
competitive on the world market. Then you have those dollar
denominated funds, stashed offshore to avoid our current tax
system, approximately $13 trillion that would flow back into
the country--the world's tax haven.

Why wouldn't anyone love the FairTax? Well I guess you could
ask those who loathe freedom, and then you have the political
class who want to be the slave masters. Without a whip they are
just a lot of hot air.

I don't love taxes, but if I have to choose, give me the FairTax.

Friday, October 9, 2009

Nobel Peace Prize

The prize for peace was to be awarded to the person who
"shall have done the most or the best work for fraternity
between nations, for the abolition or reduction of standing
armies and for the holding of peace congresses."
It is awarded for the 'preservation of peace'.
One possible reason for Barach Obama being awarded this
prize is the shared anti-Semitism with Europe. Martin
Luther had a huge impact on European religion.
Obama has clearly sided with the Arabs against Israel. I
was shocked that Obama received 77% of the Jewish vote in
Nov 2008! Not much later we see President Obama genuflect
to the King of Saudi Arabia! This is a sign of worship!
Europe desperately needs Arab oil and Obama can help them
get it.
He spent his formative years in Muslim schools, so it is
easier to understand his Muslim affinity. However his
Christianity and love for God's Chosen People is suspect.
He also reneged on the promise to Eastern Europe to place
a missile shield there. His timing was questionable being
exactly 70 years since Sept. 17, 1939 when Poland was
invaded by the Soviet Union at the start of World War II.
His top General in Afghanistan had requested 40-60,000 more
troops on 30 Aug. It would have been embarrasing if Obama
had not delayed a decision until after the Nobel award!
He will donate the $1.4M to an unnamed charity. Hillary
had to make her tax return public when she ran for POTUS
and SoS, and it showed the Clintons' favorite charity to
be the Clinton Family Foundation run by Chelsea. Since
Barack and Michele are both lawyers like Bill and Hill,
they will be able to keep the money in the family also.

Cap & Trade HR 2454

Sec. 264

The Secretary of Energy is authorized to make
grants to private, nonprofit, mission-driven community
development organizations including community development
corporations and community development financial institutions
to provide financing to businesses and projects that improve
energy efficiency; identify and develop alternative, renewable,
and distributed energy supplies; provide technical assistance
and promote job and business opportunities for low-income
residents; and increase energy conservation in low income rural
and urban communities.


The purpose of such grants is to increase the flow of capital
and benefits to low income communities, minority-owned and
woman-owned businesses and entrepreneurs.


http://thomas.loc.gov/cgi-bin/query/F?c111:4:./temp/~c111PVUG8a:e684478:
This gives taxpayer money to ACORN-like and Women's Rights
groups.

Tuesday, October 6, 2009

1 Appropriations Bill and a CR

The Senate approved the $4.66 billion bill that funds the
legislative branch for Fiscal Year 2010, sending it to the
President. The bill also includes a continuing resolution
to fund government operations through October 31, as this
is the only one of the 12 annual appropriations bills to
have been completed before FY 2010 began.

Note that the President submitted his budget request about
6 months ago. The primary function of the House is to
appropriate funds to run the Federal Government. The CR
will fund the FG on FY 2009's budget til the end of the
month - or the next CR.

BUCHANAN TO OBAMA

By Patrick J. Buchanan

Barack says we need to have a conversation about race in
America. Fair enough. But this time, it has to be a two-way
conversation. White America needs to be heard from, not just
lectured to... This time, the Silent Majority needs to have
its convictions, grievances and demands heard. And among
them are these:

First, America has been the best country on earth for black
folks. It was here that 600,000 black people, brought from
Africa in slave ships, grew into a community of 40 million,
were introduced to Christian salvation, and reached the
greatest levels of freedom and prosperity blacks have ever
known. Wright ought to go down on his knees and thank God
he is an American.

Second, no people anywhere has done more to lift up blacks
than white Americans. Untold trillions have been spent
since the ' 60s on welfare, food stamps, rent supplements,
Section 8 housing, Pell grants, student loans, legal
services, Medicaid, Earned Income Tax Credits and poverty
programs designed to bring the African-American community
into the mainstream. Governments, businesses and colleges
have engaged in discrimination against white folks -- with
affirmative action, contract set-asides and quotas -- to
advance black applicants over white applicants. Churches,
foundations, civic groups, schools and individuals all over
America have donated their time and money to support soup
kitchens, adult education, day care, retirement and
nursing homes for blacks.

We hear the grievances. Where is the gratitude???

Barack talks about new 'ladders of opportunity' for blacks..
Let him go to Altoona, and Johnstown, and ask the white
kids in Catholic schools 'how many were visited lately by Ivy
League recruiters handing out scholarships for 'deserving'
white kids?'. Is white America really responsible for the fact
that the crime and incarceration rates for African-Americans
are seven times those of white America? Is it really white
America's fault that illegitimacy in the African-American
community has hit 70 percent and the black dropout rate from
high schools in some cities has reached 50 percent?

Is that the fault of white America or, first and foremost, a
failure of the black community itself?

As for racism, its ugliest manifestation is in interracial
crime, and especially interracial crimes of violence. Is
Barack Obama aware that while white criminals choose black
victims 3 percent of the time, black criminals choose white
victims 45 percent of the time?

Is Barack aware that black-on-white rapes are 100 times more
common than the reverse, that black-on-white robberies were
139 times as common in the first three years of this decade
as the reverse?

We have all heard ad nauseam from the Rev. Al about Tawana
Brawley, the Duke rape case and Jena ... And all turned out
to be hoaxes. But about the epidemic of black assaults on
whites that are real, we hear nothing.

Sorry, Barack, some of us have heard it all before, about
40 years and 40 trillion tax dollars ago.

We are a Christian Nation even if Mr. Obama says we are not.

Friday, October 2, 2009

Federal Bubbles

Auto sales were down from an annualized 14.1 million (Aug)
to 9 million (Sep). The reason is that the Feds created
another bubble with the Cash for Clunkers giveaway.
The housing bubble was created by the CRA of 1977 and
decades of threats of Civil Rights lawsuits if bankers didn't
make loans that they knew were bad. Investment bankers - who
were not subject to bank regulations - made huge fees by
securitizing the debt instruments. The politicians took credit
for the increase in home ownership and then blamed the bust on
"greedy capitalists."
"Stimulus" money is creating another bubble which will burst
probably next year. The $787B in taxpayer money injected into
the economy runs out at some point. If we buy $300B in toxic
mortgages, then what will a mortgage or CDO be worth when
taxpayer bailouts are removed? The $8K for "first-time buyers"
will end soon. The Fed's rate is one-fourth what is was when it
stoked the housing fires. Will bankrupt states fund new "shovel
ready" projects or will their unemployment soar?
Stock in corporations making student loans lost 90% of their
value when Congress reduced the subsidy. Now the Feds want to
directly fund student loans through the bureaucrats at the
Department of Education. Colleges like Hillsdale [MI] and Grove
City [PA] saw the danger decades ago and challenged [then] HEW
in court and lost. These private colleges must compete with the
deep-pocketed Feds to make a college education - without Federal
control - available.
The debt is soaring and unemployment is at 9.8% - the highest
since 1983. Those who follow the bubbles - like lobbyists and
their employers - can make fortunes. Taxpayers will pay the bill
with hidden taxes like weak dollar/inflation or indirectly through
taxes on businesses or bailouts of bankrupt states (CA, NY, IL, MA
etc).