Archive for the 'taxes' Category

Conning our people into healthcare

Back in 1993/4 I was a minority on a college campus. Being a Republican I soon to realized how liberals judged conservatives first hand. His name was Jake Gibbs and he was my professor of American History my freshman year. Anti-establishement he forced his opinions down the classes throats and I felt I had to respond to keep a debate alive. After all this was state money forcing his thoughts down young students minds.

During the same time period President Clinton via Hillary tried to takeover all medical care of the U.S. This would have been a takeover of our lives. I’m going back to this because this issue will be back under the current administration and the Mexican Flu is the perfect storm to get us there.

Just like Clinton’s plan, the government will automatically enroll every citizen into their system. What obligation does the government have to take over 1/7th of the U.S. economy. With public healthcare all patients would have to go through a ‘gatekeeper’ to decide what medical treatment they might need. Unlike Clinton’s plan we now have 45+ million illegal aliens draining our economy and even with amnesty they would not be able to pay their share of this burden.

This effected me as I realized how small businesses would be hit the hardest. Small businesses and capitalism have kept America the last place on earth anybody can make it. With these added payroll taxes on all employers to cover health coverage to all individuals the federal government has no limits on taxing these small business owners.

As in the UK, costs would be paid by a payroll tax between 7.5% and 10% to all businesses and workers in America. President Obama has already raised the tobacco tax this year with money going to fund Medicare. The tax on a pack of cigarettes has gone up from $.39 a pack to $1.01 and although this is one tax that we can collect from illegal aliens it’s also likely to make smokers buy cigarettes on the black market.

But back to the issue on socialize healthcare and working Americans paying for everybody. One issue that should make everybody not want this is the DMV. As anybody who has had a drivers license or registered their car knows, it is not a proficient and clean place. This soon could be our doctors offices. Well it already is if you count emergency rooms. English is not spoken and these leaches are forcing hospitals to close their doors do to lack of money.

You can also forget choosing your doctor just as you can’t choose what line at the DMV to be in. All doctors would be forced to join governmental networks as if they don’t join they will be forced to go out of business. My personal physician has already expressed his worries to me on this.

These taxes to pay for universal healthcare could destroy millions of jobs and in this recession even more of us could be put out of work. In a 1993 study (“The Employment Impact of Proposed Health Care Reform on Small Business” said it could be 1 out of 8 of us.

Most entry-level jobs in American could be gone if this goes into place as the majority of new jobs are created by the small business owner.

The government already controls over 45% of healthcare in America so you can say we have not had free market healthcare since the 40s. Our costs have gone up do to the following:

• The number of healthcare services from government services.

• Government mandates on insurance companies

This free market example I have to show how healthcare would benefit is Lasik eye surgery. As it is rarely covered by insurance or Medicaid the price has gone down through a free economy while the quality has gone up. When the government doesn’t get involved solutions improve!

We always hear that Canada and Europe all have socialized-medicine but ask anybody from those states that are over 65 how their “care” really is. The waiting list in Canada is so high that patients cross the border for surgery to not die waiting for it in America’s hat.

Once we venture to a socialize-healthcare plan we can never go back. Government doesn’t know how to downside or say something doesn’t work as you can just see with our public schools. The only answer government has to problems is to through more money on the problem. The problem I have with this is the money is OUR money.

Google is getting ready for this with their Google Health service. All citizens of our country would be registered as well as illegal aliens who have jobs. This will contain all our private medical information and has the chance to be used to harm a person with their records. Government does not need to step further in our lives and yet this is what the people have done by electing this new administration and with the help of the recent Democrat Arlen Spector could soon happen.

Sadly a socialized-healthcare plan enslaves us from birth until death. National ID cards and a computer database of every person in America our government will have total power over her citizens. Please write your local congressmen and senetors to tell them to not let any healthcare reform pass as it will be cradle-to-grave slavery to each and every one of us.

Obama’s Corrupt Appointees

First off there’s no question that Bush threw this broken economy to Obama. However the steps that Obama has taken so far are all wrong and that’s why he reverses himself almost every day.

And his appointments are SHOCKING!

More details have come out in the latest Obama appointee scandal. The “man” Obama appointed as teh Federal Government’s Chief Information Officer was raided by the FBI.

Vivek Kundra used to be Head of Technology for Washington, D.C., before Obama appointed him, and on THursday, two men who worked for him were arrested as part of a federal bribery sting.

Their names were Yusuf Acar and Sushil Bansal. Now, we find that Kundra is on leave from his White House job until further detials of the case become known. Well, here are some further details.

Authorities say that Kundra’s associates defrauded the government by billing false items and paying non-existent contractors.

But of course, this is only the most recent in a long list of scandals involving Obama appointees.

  • Tim Geithner: Obama’s Treasury Secretary “forgot” to pay taxes but was approved anyway.
  • Bill Richardson: Took himself out of running to be Commerce Secretary. Supposedly because an on-going investigation into a possible “pay-for-play” deal in New Mexico.
  • Nancy Killefer: Took herself out of running for Obama’s newly created “Chief Performance Officer” position because she failed to pay employment taxes on her household help for 18 months!
  • Tom Daschle: Took himself out of the running to head the Department of Health and Human Services as he “forgot” to pay $100,000 in taxes.
  • Hilda Solis: Obama’s Labor Secretary still got approved although her husband has more than $7,600 in back taxes
  • Ron Kirk: The U.S. Trade Representative nominee owes over $10,000 in back taxes yet Senator Max Baucus (D-Mont.), chairman of the Senate Finance Committee, issued a statement calling Kirk “the right person for the job,” and said he would attempt to move the nominee through the panel quickly
  • Charles Freeman: Took himself out of the running to the National Intelligence Council after his racist comments and ties to China and Iran were publicly revealed
  • Tony West: Justice Department nominee was the American “taliban” terrorist, John Walker Lindh’s defense lawyer.
  • Van Jones: Obama’s appointee for the new “Green Czar”. He is a cop-hater with the background as a street radical as well as the founder the San Fransicko Police-Watch.

None of the scandals above seem to have any effect on Obama’s determination to continue appointing corrupt officials. This administration thinks they are above the law and believes the law is for us, not for them.

It’s amazing how I’ve had my wages garnished to pay back taxes yet these corrupt politicians get away with it time and time again.

Inflation, Liquidation and the Taxman Cometh…

I’m sure you’ve heard the rhetoric by now how only the “rich” will be taxed and everyone else’s taxes will be reduced. It’s not going to happen. Everyone’s going to pay before this is over.

Trillions of dollars of bailouts must eventually be paid for on top of the over ten trillion dollar deficit. The Federal debt and deficit were at all time highs before the bailouts while many state, county, and local municipalities are out of money, in debt, and running deficits. Our ability to keep borrowing our way deeper and deeper into debt is finally reaching an end.

We are in a recession citizens. Yet the government must have enormous sums of money. They will both print more of it devaluing the dollar, adding to inflation, and erasing hard earned savings (sorry seniors) in the process and seek it from:

1. ____ Taxpayers

2. _____ Aliens

3. _____ Obama promised me only a few really rich people need to be taxed.

If you chose number 1, congratulations. The government will seek to get money from entities (individuals and organizations) that pay taxes.

And they are going to need a lot of money because the federal bailout money is far beyond the $700 billion package in the news.

As Don Rich points out at Contrarian Politics:

“Don Rich says the Congressional Budget Office (CBO)’s estimates of the taxpayer losses from the bailout of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are implausibly conservative. The real estate bubble of this decade was the biggest of any asset class in history. Rather than the CBO’s $25 billion figure, Dom says the real cost is at least $1.3 trillion, and could be as high as $2.5 trillion. And this doesn’t even account for the inflationary consequences of rescuing Wall Street. The Fed is on a money printing binge session, and anyone holding dollars will be picking up the tab.”

Even the Chinese are lining up for U.S. taxpayer bailout money:

“It may be hard to believe but the WSJ reports that Chinese sovereign wealth fund – China Investment Corp., “has applied to participate in the U.S. Treasury’s temporary guarantee program for money-market funds.” This at a time when Bloomberg reports that “China’s foreign-exchange reserves rose to a world record $1.906 trillion, helping to strengthen the [China's] nation’s finances as the credit crisis threatens…””

Some analysts point out it’s going to get worse.

Martin Hennecke says that the end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday stating:

“We expect a depression in the United States. We expect a depression, very possibly, also in Europe. We already have $3 trillion of debt, as far as the U.S. government is concerned. These debt figures across the U.S. economy are rising very sharply.

When the government can no longer pass the United States’ “immense debt” on to taxpayers, it will turn to the holders of U.S. dollars, leading to the eventual downfall of the currency, Hennecke said.

Definitely, it (the dollar) is not a safe place to be invested in, as real inflation is closer to 10 or 11 percent than the actual inflation numbers given by the U.S. government.”

Inflation is already here. But it’s going to get worse. Don’t let those falling gas prices fool you.

As Pat Buchanan points out in ‘Liquidating the Empire’:

“In the Crash of 2008, …stock value has vanished …real estate value has disappeared. A recession looms with sweeping layoffs, unemployment compensation surging, and social welfare benefits soaring. America’s first trillion-dollar deficit is at hand. In Fiscal Year 2008 the deficit was $438 billion.

With tax revenue sinking, we will add to this year’s deficit the $200 to $300 billion needed to wipe the rotten paper off the books of Fannie and Freddie, the $700 billion (plus the $100 billion in add-ons and pork) for the Wall Street bailout, the $85 billion to bail out AIG, and $37 billion more now needed, the $25 billion for GM, Chrysler and Ford, and the hundreds of billions Hank Paulson will need to buy corporate paper and bail out banks to stop the panic.

As Americans save nothing, where are the feds going to get the money? Is the Fed going to print it and destroy the dollar and credit rating of the United States? Because the nations whose vaults are full of dollars and U.S. debt — China, Japan, Saudi Arabia, the Gulf Arabs — are reluctant to lend us more. Sovereign wealth funds that plunged billions into U.S. banks have already been burned.

Uncle Sam’s VISA card is about to be stamped “Canceled.””

How right you are Pat. What we expect to see are taxes increase (in an environment where wages are flat and rising inflation is decreasing real income), unemployment rise, jail/prison overcrowding worsen as desperate poor people add to their population, America pull back liquidating the empire as they go, and the dollar devalue.

Tsk tsk… we sure have gotten far off track and right under the watch of both major political parties in this country… yet Americans still think either the Republicans or the Democrats will save them and they won’t have to foot the bill either. We find that simply amazing.

Repost from the Paleo Conservatist

Hope + Change = 70% Tax Rate

Obama’s tax plan has two major components. First, he promises to end the Bush tax cuts, allowing the top two tax rates to return to 36 percent and 39.6 percent. Second, he promises to end the Social Security payroll tax cap for incomes above $250,000. Individuals making more than $250,000, therefore, would face a 15.65 percent tax rate from payroll taxes in addition to a top income tax rate of 39.6 percent for a combined tax rate topping 56 percent. Individuals living in cities or states with high taxes such as New York City or California would have tax rates approaching 70 percent, levels not seen since Carter was president.