Woo Hoo!!! We just passed $14 Trillion! Oh… wait… That’s a bad thing. It is amazing the politicians are finally deciding debt could be a problem. Where have they been for the last 40 years? Oh… that’s right… spending our money on their political cronies and pork projects. And what is the solution from our […]
federal tax
France, Spain Want a Global Tax for Poverty
Now they want to take the entitlement mentality GLOBAL? How long before the top 20% of earners in the United States are vilified into paying 80% of this tax too? It’s bad enough that 50% of the taxpayers in the United States pay nothing or get a check back. Let’s go global with it – […]
Vote the Porkers Out of Office
Hopefully, the trend to oust the biggest porkers will continue. Appropriators from both parties have become the hunted, losing primary races to challengers more hawkish about reforming the provisions lawmakers insert in spending bills to steer money to specific projects in their districts or states. It is about time. Although the total dollar amount involved […]
Bankrupting the Country One Month at a Time
Reuters is reporting The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday. During Obama’s tenure as President, the government has posted deficits every month. If any other CEO were […]
U.S. Debt Shock is Coming Sooner than Later
Try this type of business model and see how it works. Even with the unrealistic information provided by the administration, the spending is unsustainable. The conclusion must be the politicians are too stupid, don’t care or they are purposely trying to destroy the country. Investor’s Business Daily has a great article outlining the coming financial […]
Obama Forgets Unions Are Special Interests
Red State points out the credibility gap when it comes to special interests groups in politics. Unions are one of the most powerful special interest groups in the United States. It seems every piece of legislation from the administration has a Union payoff neatly tucked away inside the language. …while Obama expects us to hate […]
Nearly Half of US Households Escape Fed Income Tax
The AP is reporting nearly half of all US households will escape the Federal Income Tax this year. Noted in the article: credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009 Even more troubling is that […]