We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Riehl explains why he thinks TigerHawk's video (posted here earlier today) is off base. He says O doesn't give a damn about TigerHawk. O is an orator, but you have to watch what he does, not what he says. He will say almost anything, being a politician.
President Lyndon Johnson’s administration was known for his War on Poverty. President Obama’s will become notable for his War on Prosperity.
We’re speaking, of course, of Obama’s plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He’s not just raising the top rate to 39.6 percent; he’s also disallowing about one-third of top earner’s deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.
And soon the next shoe will drop - he’ll announce that he’s keeping yet another of his campaign promises: to apply the full payroll tax to all income over $250,000 a year. (Right now, the 15.3 percent Social Security tax only applies to the first $106,800 of income - you neither pay the tax on income above that, nor accumulate added benefit.) For many taxpayers in this bracket, this hike will raise their total taxes by about half.
Finally, he’s declaring war on investors by raising the capital-gains-tax rate to 20 percent.
These increases are politically insignificant: The top 2 percent of the nation casts only about 4 percent of the votes, barely enough to attract the notice of even the most meticulous pollsters.
But they have enormous economic significance. Those who earn more than $200,000 pay almost 60 percent of America’s income taxes and account for a third of its total disposable income. If these spenders and investors are hunkering down, waiting for the revenuers to beat down their doors, their confidence will be anything but robust. Their spending will drop; they’ll be unlikely to invest (except in new tax shelters).
Photo: Eyeball Soup. I will spare you the recipe for that bummer of a dinner.
Never mind about the loss of wealth, or the war on the middle class. Does any one think for a New York second that the mainstream media ,or our beloved congress, gives a rats ass about our liberty or our freedom ? Or our country. They all should hang from a tree!! Border line Fascists, Nazi's all of them.
I've got three under my belt probably should not be posting.
I know I mentioned Madoff earlier, but can someone explain to me why that son of a bitch is not in handcuffs , and shackled?
I'm with ya, Jappy, this Obama character has got to go. It is up to us to figure out how to bring enough pressure on them to reverse course on these disastrous gambits. I sense that the country is getting more riled up by the day and it is not going to be business as usual; in the past poor slobs like us would just roll over for the ringmaster but I sense that this time it's going to be different....as for Bernie, I don't think they dare take a chance with him at Rikers, they want to keep him alive and well to testify. He's their star witness so it's a pricey babysitting job for the time being. What's a few more million at this point?
Middle-class Americans have had a cushy and easy, past forty five years..collecting the interest on the investments of those before.
We inherited a country we took for granted, & because of our complacency, simply engaged the Auto-Pilot, sat back, relaxed and enjoyed the view...
As the ugly scenery went wizzing past, we turned our heads,
& asked for a refill..
.. gazed straight ahead as tho we didn't see.
We are too fat and too drunk on self-gratification get up and say..
.." Hey, wait just a damn minute.. this is not why my forefathers died"
we've created a wasteland of the free,
because of our complacency..
we're living in a land of fantasy.
our Auto-Pilot has had a malfunction..
we're pitching and yawing,
we've lost our direction.
About 30 years ago. I and my business partner, Amy (a strikingly exotic Chinese lady), had lunch with an obnoxious salesman. She ordered fish heads and rice. He turned green when she plucked the eyeballs with her chopsticks and plopped them in her mouth. That particular laugh lasted a long time.