Posts Tagged ‘Taxes’

Dr. Paul Kengor: Reaganomics vs. Obamanomics

President Obama says the economy is the worst since the Great Depression. Actually, it is the worst since the Reagan recession of 1982-83. Further, the 2009 market crash is not the worst since 1929 but since 1987-also on Ronald Reagan’s watch.

Pete Sessions: Promises Made, Promises Broken: The Tale of the 2010 Budget

Two years ago, House Speaker Nancy Pelosi made the following statement in an NBC interview with Brian Williams:

“…we’ll go forward with civility, with honesty, with integrity and with fiscal discipline. No new deficit spending, no new bridges to nowhere, heaping mountains of debt on our children.”

What a change two years makes.

Grace-Marie Turner: The Canadian System Failed Natasha Richardson

Questions are rightly being raised about whether actress Natasha Richardson could have been saved if her skiing accident had occurred in the U.S. rather than in Canada. No one ever will know if the tragedy could have been averted, but it is worth looking at the timing and medical resources available to her.

Jacob Sullum: Where’s the Fire?

The first time Tom Kiklas saw an electronic cigarette, he recalls, “I couldn’t stand it … I thought, ‘I don’t want to be involved in this.’ I’m an anti-smoking kind of guy.”

Porter Stansberry: The Greatest Economic Disaster in Recorded History

It’s going to be a real disaster…

The current administration’s economic strategy will create an unmitigated disaster – not only our country’s worst financial calamity, but the greatest economic disaster in recorded history.

John Stossel The Universal Pre-K Scam

Did you go to preschool? When I was growing up, few kids did. But now there is a new movement that says every child in America should have a chance to start school before kindergarten — at taxpayer expense.

I personally think that Obama’s bitch is an ugly ho, but that’s just my opinion. The media thinks that she was elected right along with the asshole in chief. Wake up idiots. She’s NOT important.

Brent Bozell: A Fawning Frenzy For Michelle

Imagine being Laura Bush and turning on the television and watching the absolute deluge of sticky-sweet syrup being poured all over Michelle Obama during her European debut as first lady. It is as if every TV reporter was handed a pamphlet of talking points and ordered to compare Mrs. Obama to Jackie Kennedy. NBC’s Dawna Friesen gushed: “Though Harvard-educated Michelle Obama has substance, not just style, and that’s what sets her apart.”

Bobby Eberle: I’m from America, and I DON’T Apologize

This past week, we witnessed Barack Obama during his “I’m sorry for being an American” tour. During remarks in France and Turkey, Obama showed little knowledge of facts and history as he tried to make Europe “like” him by apologizing for America being America… for taking the lead when no other countries will.

Thomas Sowell: Mind-changing Books

From time to time, readers ask me what books have made the biggest difference in my life. I am not sure how to answer that question because the books that happened to set me off in a particular direction at a particular time may have no profound or valuable message for others– and can even be books I no longer believe in today.

Michelle Malkin: Transparency Killer at HUD: Another Disastrous Obama Nominee

If you need a shining example of the utter disingenuousness of Barack Obama’s commitment to government transparency, I have two words for you: Ron Sims. This lifelong political hack is to transparency what sunlight is to Dracula, what salt is to a slug, what kryptonite is to Superman, what “The View” is to intelligent debate.

Ben Shapiro: The Second French Revolution

Every old ideological conflict eventually becomes new again. So it is with today’s battle between the forces of socialism, called “fairness” by its advocates, and the forces of capitalism, labeled “liberty” by its supporters. What we are witnessing is an ancient struggle between those who believe in the rights of the individual and those who believe in a sort of “general will.” Those of conservative bent ardently hope for a second American Revolution; those of the left wish desperately for a second French Revolution.

New Gallup Poll: No New Gun Control!

While the poll was taken just before the shooting at the NY immigration center, it did follow a small number of other high profile shootings, so I think the results speak for themselves. From Gallup.com:

In Gallup polling conducted prior to last week’s gun massacre at an immigrant center in Binghamton, N.Y., only 29% of Americans said the possession of handguns by private citizens should be banned in the United States. While similar to the 30% recorded in 2007, the latest reading is the smallest percentage favoring a handgun ban since Gallup first polled on this nearly 50 years ago.

Michelle Malkin: Who’s using the military as a “global propaganda machine” now, AP?

The Associated Press has really outdone itself. Just look at this headline:

Analysis: Obama achieves defining TV shot in Iraq

It’s a drool-drenched piece on Obama’s masterful “achievement” – manipulating a politically expedient photo op with the troops in Baghdad. The AP “analysis” – or rather, adjunct public relations release – praises Obama for creating an image that will help him politically:

“A Jaw Dropping Spectacle”

Is how Camille Paglia, in Salon, describes Obama’s bow to the “Custodian of the two Holy Mosques.”

Obama bows.

Paglia urges Obama to get himself a Chief of Protocol and learn some manners. And, in impressive defiance of the MSM coverage embargo, she actually comments on Obama’s stonewalling on his birth certificate and education records.

David Hardy: Thoughts on “active shooters”

The manager of South East Area Law Enforcement has some thoughts, of which the most relevant are:

“Where times have been reliably documented, the average post-Columbine “rapid mass murder episode” lasts just 8 minutes, according to Borsch’s calculations. “The murderer’s timeline begins when he says it begins. Any prevention, deterrence or delay efforts have failed at that point, and the police are handicapped with catching up whenever they are notified.”

Here’s three essays by Victor Davis Hansen:

The Good, the Bad, and the Ugly-Part One

First, THE BAD (remember picking three examples is by needs arbitrary).

1) The end of fiscal sobriety. One of the strangest developments has been the embrace, reluctant or not, by conservatives of large government and deficits. Anytime we hear a conservative or a Republican talk of the deficit in terms of percentages of GDP rather than x-amount of real dollars in red ink, we infer that he has no plans to balance the budget. But do we appreciate the psychological, ethical implication of a voter waking up each morning, satisfied that his government is running a surplus? Even with good incomes and some cash in the bank, do we feel better that we have $5,000 on our Visa cards or $O?

For all the talk of smaller government, it grew enormously during the Bush administration, and, to a lesser extent, during both the Reagan and Bush I terms. The problem with growing government to fund idealistic programs like No Child Left Behind or Prescription Drug augments to Medicare is not just the unfunded cost, not just the misguided trust in yet more government bureaucracies that spawn ever larger constituencies of dependants, but the discrediting of the conservative critique of an ongoing DMV-ing of America. Who will now police the fiscal police?

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The Ugly-Part Two

After outlining some “bad” trends-the conservative abandonment of budgetary restraint, the new liberal-Wall-Street nexus, the rise of therapeutic excuse-making for substandard behavior-I now offer three “ugly” trends. These are not merely bad, but sort of creepy as well. Don’t despair-I’ll end with some good developments on the next posting.

I)      The Corruption of the Press. We have no media-at least as we once knew it. Somewhere in late 2007, it disappeared entirely, and became something akin to the old Pravda, or the livelier Baghdad Bob’s broadcasts, or the rants of Lord Haw-Haw. (We got everything from Judith Warner about the dreams of women having sex with Obama to “I felt this thrill going up my leg” Chris Matthews).

For the short-term thrill of ensuring the coronation of Barack Obama, it gave up all hard-won standards of journalistic objectivity-so much so that it is hard to adjudicate whether the rise of the Internet alone, or the clear bias of the print media, has nearly destroyed the newspaper industry.

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The Good-Part III

I am posting this part, because I think it needs to be highlighted, in my mind, it is why America is still America:

3. Soldiers. We are protected by the most competent, judicious-and lethal-military in the history of civilization. The great tragedy of Iraq is that no one really credits our soldiers for doing the near impossible: they went into the heart of the ancient caliphate, took out a genocidal monster, stayed on to foster consensual government, endured often poisonous attacks from critics at home (Cf. Harry Reid’s the war is “lost”, the slurs from Durbin, Kennedy, Kerry, and Murtha that our boys were terrorists or analogous to Baathists, Pol Pot, Stalin, etc.), and triumphed at a cost less than during a major campaign in World War II (e.g., far less than say Iwo Jima, the Bulge, Okinawa, etc).

Today Obama was boasting that he could redirect soldiers to Afghanistan now that Iraq was quiet-as if in his mere 70 days he had anything to do with the bravery and skill that brought Iraq to its improving state, as if we’ve forgotten that he wanted all troops gone by March 2008, declared the surge a failure, and voted to cut off funding for the war. Iraq was won despite the politicians, contrary to the conventional wisdom, and largely due to the ingenuity of our soldiers.

What is the key to the success of our military, other than the traditional civic militarism as outlined in the Constitution and honed over two centuries of fighting?  I can think of five reasons why the 21st -century American military is so successful

1) There is an officer corps whose members are, to be frank, relics of an American past. They are ossified in amber as it were, and really do believe in passé things like honor, duty, country, God, sacrifice, and the continuation of the American experiment. Meet a Marine colonel, an Army major, an Air Force one-star, or a Navy captain and it is often as if you are talking to a younger version of your grandfather, as if we packed thousands of our best in ice around 1945, and then thawed them out in the 21st century. These odd men and women of the old breed will do almost anything as outlined in the Constitution to ensure that their country-you and I-is safe and continues on in perpetuity.

2) Our enlisted men have a rambunctious, upbeat attitude, if you will. This generation of youth seems unafraid, reckless even, and-despite the demonization in popular culture of the military, the male, physicality, etc-seems to pride in being on the cutting edge of danger. They are superb fighters. Few would wish to test the US Marines; the Marines or Rangers I had met in two visits to Iraq seemed to me far scarier than a masked al-Qaeda terrorist rambling on videos waving his scimitar. Indeed, they were scarier. Talking to a 20-year old Marine in Ramadi with bulging biceps, loaded down with 70 pounds of gear and weaponry, smiling as he lets on that he’s been up for 30 straight hours is a surreal experience.

3) The military has married intellectual life with command. Some of the brightest PhDs I have encountered are Army officers at the LTC and colonel level. The service’s recent efforts to send its best and brightest to graduate history and political science programs are paying real dividends. During the Anbar awakening, I watched a number of presentations by Army colonels on the Iraqi tribal system; they were often more sophisticated and astute talks than what I had usually heard as an academic at scholarly symposia. In short, we have some brilliantly educated and inquisitive-and outspoken-officers who do not see “book” learning at odds at all with Pattonesque audacity. (Now let us hope we can promote this new generation of colonels to generals.)

4) Technology. Something is changing with military technology. New applications and tools seem to be evolving at warp speed. The easily caricatured, clumsy massive industrial complex seems to be outmatched by near instantly created decentralized efforts involving new innovative new drones, body armor, and munitions. The soldier adapts to battlefield electronics as he does video games and the Internet. For all the slander directed at Donald Rumsfeld, few realize very early on he tried to articulate how new high-tech weaponry had added enormous lethality to military units, without a commensurate increase in manpower. When 90% rather than 10% of bombs and artillery shells hit the intended target it really does mean that in some situations (tragically not always in boots-on-the-ground counterinsurgency), technology can substitute for mere numbers. Technology has not redefined war-itself a human enterprise that stays constant as long as human nature remains the same-but it has surely accelerated its processes, and so far Americans have mastered it like none other.

5) The sinews of war. Someone at Wal-Mart must have taken over the logistics of the US military. Our troops are drowning in “stuff”. Mountain-high pallets of bottled water in the desert. Cat scanners in a tent city. On-line “cafes” amid the IEDs. 3,000-calorie dinners in the middle of nowhere. Bar-codes on everything from ammo boxes to boxes of plastic forks. We joke about this surfeit of things, and how it makes our military slow and plodding. In truth, they can go almost anywhere in the world, and in hours clone almost any landscape in America, from the sewage and power systems to the communications and food. There has never been any logistics remotely comparable to that of the present-day American military.

The real story of the last eight years is not really the political blunders in Iraq, but the ability of the military to adapt, change, and find victory when all said it was lost. In the dark days ahead, I suspect President Obama, once his soft-power initiatives to find peace with Iran, Venezuela, Russia, radical Islam, and Syria, begin to falter (I hope they do not, but suspect they will), will thank god he is commander-in-chief of the military we have. In his accustomed Novus ordo seclorum fashion, he talks always of the “mess” he inherited, never of the rare military he also inherited.

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I discussed this earlier. And now there are more people leaving AIG. Most likely, the ones staying are the idiots that can’t find employment elsewhere, or they’re just hard headed. In either case, AIG just cost the American tax payer $15 billion for Congress and the Ass-Clown in Chief to be outraged about RETENTION bonuses. How friggin’ stupid can you be?

Here’s Hot Air’s take:

More departures at AIG after bonus outrage

Jake DeSantis may have been the most publicly vocal departure at AIG after Congress and the media attacked his compensation, but he’s not alone. Reuters reports that several high-ranking executives at AIG have given notice.  The insurance giant, 80% owned by the US at the moment, says it can get by for now, but more departures could cripple their ability to pay back taxpayers for the massive bailout:

Several more employees are leaving the controversial financial products unit that brought American International Group Inc to its knees last year, according to a person with knowledge of developments there.

The resignations are in addition to the “handful” of senior AIG Financial Products executives who have already given notice, said the person, who could not quantify the total number of departures.

To date, AIG said the situation at the financial products unit remains “manageable,” despite the departures. But if too many employees quit, Chief Executive Edward Liddy has warned it could be disastrous for AIG and, ultimately, for U.S. taxpayers who are the insurer’s majority owners.

Reuters manages to report correctly on the bonuses, a breath of fresh air after two weeks of media screeching and hyperbole about the supposed villains getting rich off the taxpayer teat:

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You mean to tell me he lied and now he’s covering his ass with the charade of calling out AIG for the bonuses? Yeah. Right.

Obama Received a $101,332 Bonus from AIG

Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are – Senators Chris Dodd and Senator Barack Obama.

The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle.  I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and “misjudged” the risk.

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SPARE US YOUR FAKE FURY, DC HYPOCRITES

Michelle Malkin

ALL the world’s a stage, wrote Shakespeare, and in the world of Washington, the curtains have opened on the most elaborate farce of the year.

Welcome, taxpayers, to the Kabuki Theater of AIG Outrage – where DC’s histrionic enablers of taxpayer-funded corporate bailouts compete for Best Performance of Hypocritical Indignation.

Over the weekend, cloaked in their finest populist costumes, the Beltway’s hair-sprayed and powdered politicians and White House aides took to the airwaves to inveigh against $165 million in employee-retention payments made by the government-backed insurance giant.

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Watching Obama turn this into a major catastrophe is painful. I just hope the media wakes up sooner, rather than later, and exposes this man for doofus he really is.

I figured it out during the primaries. Wake up people.

Here’s Ann Coulter at her usual fine self…

Are ‘Hope’ and ‘Change’ Still Tax-Deductible?

by Ann Coulter

Are you sitting down? Obama plans to pay for his $3.6 trillion-dollar spending bill by raising taxes on “the rich.” I know, I know … I was pretty shocked, too.

The bad news is, by hiking taxes in a recession, Obama will turn a disaster into a catastrophe. But there’s good news, too. The “rich” include most of Obama’s biggest supporters.

While liberals love being praised for their looks, their style, their brilliance and their courage, the one quality they don’t want talked about is their money. To the contrary, Democrats are constantly boasting about how poor they are — as if that’s a virtue in a capitalist society with no class barriers.

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On the health care fiasco that is about to be unleashed upon us, read this.

Sweden’s Government Health Care

by Walter Williams  (March 4, 2009)

Government health care advocates used to sing the praises of Britain’s National Health Service (NHS). That’s until its poor delivery of health care services became known. A recent study by David Green and Laura Casper, “Delay, Denial and Dilution,” written for the London-based Institute of Economic Affairs, concludes that the NHS health care services are just about the worst in the developed world. The head of the World Health Organization calculated that Britain has as many as 25,000 unnecessary cancer deaths a year because of under-provision of care. Twelve percent of specialists surveyed admitted refusing kidney dialysis to patients suffering from kidney failure because of limits on cash. Waiting lists for medical treatment have become so long that there are now “waiting lists” for the waiting list.

Government health care advocates sing the praises of Canada’s single-payer system. Canada’s government system isn’t that different from Britain’s. For example, after a Canadian has been referred to a specialist, the waiting list for gynecological surgery is four to 12 weeks, cataract removal 12 to 18 weeks, tonsillectomy three to 36 weeks and neurosurgery five to 30 weeks. Toronto-area hospitals, concerned about lawsuits, ask patients to sign a legal release accepting that while delays in treatment may jeopardize their health, they nevertheless hold the hospital blameless. Canadians have an option Britainers don’t: close proximity of American hospitals. In fact, the Canadian government spends over $1 billion each year for Canadians to receive medical treatment in our country. I wonder how much money the U.S. government spends for Americans to be treated in Canada.

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Prepare to get taxed out of existence. Team BO is going to screw you by screwing those that provide goods and services. By raising their taxes, they in turn will raise their prices. Not too smart. Not too transparent either.

Just remember; you idiots voted for this. I “hope” the “change” pleases you. It pisses me off to no end.

Time to go Galt on his ass.

Obama's plan to hike taxes meets fierce opposition

WASHINGTON (AP) – President Barack Obama’s call to raise taxes on high earners and greenhouse gas polluters met fierce opposition Tuesday from congressional Republicans and also a few Democrats. “I would never want to adversely affect anything that is charitable or good,” Rep. Charles Rangel, D-N.Y., chairman of the tax-writing House Ways and Means Committee, said of Obama’s call to limit high-income taxpayers’ itemized deductions for charitable donations and mortgage interest.

Republicans said the president’s plan to charge fees to industries that spew greenhouse gases amounts to a stealthy tax increase for all Americans that will far exceed the new $400 annual tax cut for workers that he wants to extend beyond 2010.

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From Michelle Malkin’s site:

“Going Galt:” America’s wealth producers vs. wealth redistributors
by Michelle Malkin
Creators Syndicate
Copyright 2009

Enough. In a word, that is the message of disgusted taxpayers fed up with the confiscatory policies of both parties in Washington. George Bush pre-socialized the economy with billion-dollar bailouts of the financial and auto industries. Barack Obama is pouring billions more down those sinkholes. The camel’s back isn’t just broken. His neck and four legs have all snapped, too.

Enough. Last Friday, thousands of Americans turned out to protest reckless government spending in the pork-laden stimulus package, the earmark-clogged budget bill, the massive mortgage entitlement program, and taxpayer-funded corporate rescues. Contrary to false left-wing blog smears that the hastily-planned impromptu events were “Astro-turfed,” the crowds were packed with first-time grass-roots activists. They were people with families and day jobs whose usual definition of “community organizing” involves neighborhood yard sales or their kids’ soccer matches. They were members of the silent majority who decided to be silent no more.

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And the Mrs. gets involved too! They’re all a bunch of friggin’ tax cheats. It leads straight to the White House. I think this is probably truth. You decide.

Tax Fraud By Michelle Obama?

Hmm…interesting if true, but consider (both) sources – Newsmax via No Quarter.

For years, the press excoriated Nancy Reagan for borrowing clothes and jewelry from designers. Yet Michelle Obama has been doing the same thing — without any outcry from the media.

Accountants say that the first lady’s practice of borrowing both clothes and jewelry raises major tax and disclosure issues, not to mention ethical questions.

“The transactions are clearly taxable,” says Richard Rampell, a Palm Beach, Fla., accountant whose clients include several of the island’s billionaires. “The designers are indirectly paying Michelle Obama to go and display their wares. And they get a huge economic value for it, just as if they were paying a model to do this. If they are paying her in this indirect way by lending her their clothes, then she is actually performing a service for the designer, and she should have to recognize as income whatever the value is of the clothes that she got.”

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Michelle Malkin has a good article on the porkulus bill:

Rebel Yell: Taxpayers Revolt Against Gimme-Mania

by Michelle Malkin

There’s something in the air. It’s the smell of roasted pork. President Obama heralded the signing of the trillion-dollar “stimulus” bill in Denver and promoted his massive mortgage entitlement expansion in Mesa, Ariz., at tightly controlled campaign events. But outside the Secret Service perimeters, a raucous grassroots rebellion against Beltway spending binges has caught fire. The new Boston Tea Party is here, baby, and it’s doused in barbecue sauce.

The first revolt took place on Presidents Day in Smurf-blue Seattle, where mom-blogger Keli Carender hastily organized a downtown demonstration to oppose what they called the “stimulus rip-off.” A motley band of nearly 100 protesters — moms and their kids, college students, libertarians, taxpayer groups, GOP activists — raised their voices and dined on pulled pork (donated by yours truly). They assailed both the substance of the overstuffed stimulus package and the short-circuited, nontransparent process by which it was passed.

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They are using my money, and I don’t fucking appreciate it.

ACORN needs to be defunded. No more fucking tax dollars from me, or any other law abiding citizen who has the right under the constitution to have firearms and their ammunition. A background check for ammo is bullshit. A tax funded organization should not be in the business of pushing an agenda, especially one that goes against the grain of the Constitution.

You want to help the poor and disenfranchised? Knock yourself out. You want to play politics? No more tax funding. My money being used against me is wrong in more ways than I can count.

Stop ACORN funding now!

From Alphecca:

ACORN Pushing Ammo Control

Overstepping their stated mission, once again:

When you buy a gun, gun shops have to run a background check first to make sure you’re not a convicted felon.

Although it is also illegal for convicted felons to buy bullets, a background check is not required. As it stands now, gun shops aren’t required to ask any questions before selling bullets, as long as the buyer is 18 and can present identification.

Community organizer for the local NC ACORN group, The Rev. Melvin Whitley, says it’s too easy for criminals to buy ammo, and he plans to close that loophole.

ACORN’S initiative would expand the law to include ammunition, and may even include a requirement for bullet permits.

I’ve mentioned their anti-gun activities before.

And remember, ACORN receives public funding — as in your tax dollars.