07 Oct 08 Bailout for Wall Street= My Bailing from McCain Support
It is clear from the wall street bailout, that Mcain does not have the sound judgement needed to be President, or even a Senator for that matter. It is clear that he is in the pocket of lobbyists, and that he is no Maverick. The problem is that there are many who went along with the pressure including Obama. I have researched the issue in depth because I have been told by the politicians that if we really understood the issue we would know why this is so important. What I found is that although this is one solution, that has a moderate chance of success, there were many other possible solutions with a proven track record, that although a little tougher on Wall Streets Executives, could help and likely solve the problems we face. I also found that the Credit Crunch only had to do with very large loans to very large compnaies. All of the talk that this would effect car loans, college loans and even small business loans was not ever going to be effected. Just a little lie from politicians to make it more palatable. I honestly can say that the politicians probably believed what they were saying. They were just repeating the script given to them by the hundreds of Wall Street lobbyists.
09 Nov 07 CNN “Our Government is Broken” Why I think it’s Great!
I’m listening to a debate on CNN regarding the low poll numbers of congress. They are now discussing the “Tragedy” of our broken government. It seems like when our government is running efficiently we end up with more government programs, more spending, and less opposition to the expanding government. I for one am grateful that our government is not working efficiently. It simply is putting the brakes on reckless government spending and expansion. I admit I would like the government work together on a few key issues. I would love to see taxes cut in half or even eliminated, I would like to see all federal funding for arts, education, and social programs cut. But these things are highly unlikely. Based on the things our congress and president want to do and are pushing, I relieved to know little is getting accomplished.
30 Oct 07 A Taxing Poem
At first I thought this was funny…then I realized the awful truth of it.
Be sure to read all the way to the end!
——————————————————————————–
Tax his land,
Tax his bed,
Tax the table
At which he’s fed.
Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.
Tax his tobacco,
Tax his drink,
Tax him if he &nb sp;
Tries to think.
Tax his cigars,
Tax his beers,
If he cries, then
Tax his tears.
Tax his car,
Tax his gas,
Find other ways
To tax his ass
Tax all he has
Then let him know
That you won’t be done
Till he has no dough.
When he screams and hollers,
Then tax him some more,
Tax him till
He’s good and sore.
Then tax his coffin,
Tax his grave,
Tax the sod in
Which he’s laid.
Put these words
upon his tomb,
” Taxes drove me to my doom…”
When he’s gone,
Do not relax,
Its time to apply
The inheritance tax.
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax ( 4 2 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago,
and our nation was the most prosperous in the world.
We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.
What the hell happened? Can you spell “politicians!”
And I still have to “press 1″ for English.
I hope this goes around THE USA at least 100 times
03 Oct 07 Raising the national dept cap, What a Shame!
While recently reviewing my states senators’ votes, I found that they have both voted to increase the statutory limit on our national dept from 9 trillion to 9.8 trillion dollars. Although 800 billion dollars may not seem like much to our congress, it is a significant amount of money. At some point, it is essential for individuals to live within their means. The same should be true of the government.
Our congress spends little time or effort in looking to cut spending. The federal government provides services that go far beyond its constitutional mandate, and even beyond what any reasonable person would expect. Our founding fathers would roll over in their graves if they knew at what rates we are taxed, or saw the size of our government. The sad thing is that even in the face of unprecedented spending, the issue that will define the 2008 campaign will be a health care package that will raise taxes even more and increase our dept.
When will we realize it is time to cut back? When will our congress be willing to cut programs and reduce budgets to our federal agencies? We can blame the politicians, but in reality, the problem is with the people. We as a society are expecting the government to provide more for us. We expect the government to fund our schools, build our roads, support the arts, provide health benefits, take care of the poor, bail us out from failures, help us recover from disasters, and protect our freedoms. Granted the government should play a role in some of these areas, but we as a society need to look first to ourselves, then to our families, and then to the community to help us overcome our problems or challenges. Until we are willing to solve a few of our own problems, rather than looking for solutions from the government this ridiculous trend of spending will continue.
06 Sep 07 Ron Paul on Taxes
Working Americans like lower taxes. So do I. Lower taxes benefit all of us, creating jobs and allowing us to make more decisions for ourselves about our lives.
Our tax rate is way out of hand, and our federal government is to large. We agree that continued tax cuts are beneficial.
Whether a tax cut reduces a single mother’s payroll taxes by $40 a month or allows a business owner to save thousands in capital gains taxes and hire more employees, that tax cut is a good thing. Lower taxes allow more spending, saving, and investing which helps the economy — that means all of us.
Real conservatives have always supported low taxes and low spending.
But today, too many politicians and lobbyists are spending America into ruin. We are nine trillion dollars in debt as a nation. Our mounting government debt endangers the financial future of our children and grandchildren. If we don’t cut spending now, higher taxes and economic disaster will be in their future — and yours.
In addition, the Federal Reserve, our central bank, fosters runaway debt by increasing the money supply — making each dollar in your pocket worth less. The Fed is a private bank run by unelected officials who are not required to be open or accountable to “we the people.”
The Federal Reserve does hold a valuable place in our society. And adding money to a growing economy is important to ensure that all people have the opportunity of the American dream, not just an elite few who currently have the money. Policies that put the control of the federal reserve in the hands of congress are asking for financial disaster. If you need proof look at the abuse of tax dollar spending that Ron Paul has mentioned. We should not eliminate the Federal Reserve, and it should not be run by politicians.
Worse, our economy and our very independence as a nation is increasingly in the hands of foreign governments such as China and Saudi Arabia, because their central banks also finance our runaway spending.
This is a tough issue, because I firmly believe that the more the government stays out of economic issues issues, the better of our economy is. But the Financial control that other countries hold is a threat to national security. I Reluctantly support putting limits on the amount of control foreign governments have on our economy.
We cannot continue to allow private banks, wasteful agencies, lobbyists, corporations on welfare, and governments collecting foreign aid to dictate the size of our ballooning budget. We need a new method to prioritize our spending. It’s called the Constitution of the United States.
I agree that we need to return to the constitution when it comes to government spending. Which when it comes down to it includes federal law enforcement, providing for the common defense, establishing foreign trade agreements, keeping the post office viable, and in a stretch maintaining Interstates (Postal routes as the constitution said), and maintaining the copyright and patent office. I wonder if Ron Paul is willing to restrict the Federal Government to these areas.
05 Sep 07 Is the Fair Tax Fair?
My initial response to reading about (HR 25, S 1025) labeled the “Fair Tax Act” was one of excitement. The Fair Tax key points include:
- Abolishes the IRS
- Closes all loopholes and brings fairness to taxation
- Ensures Social Security and Medicare funding
- Brings transparency and accountability to tax policy
- Allows American products to compete fairly
- Reimburses the tax on purchases of basic necessities
- Enables retirees to keep their entire pension
- Enables workers to keep their entire paycheck
Many of these things seem very appealing, especially the elimination of the huge overgrown bureaucracy, the IRS. But there are still some inherent flaws in the Fair Tax Act. First I will say that these flaws are found in our current tax system, but Conservative Ed’s policy is to address every issue from a conservative perspective, and give unbiased opinions about the issues.
Key Problems with the Fair Tax:
- Reimburses the tax on purchases of basic necessities, This is not a true reimbursement because it is based on income level rather than actual spending. It would be possible for someone with a large family to live on the rebate with a part time job. Also it discourages hard work and effort for those that are on the edge of loosing the rebate.
- May cause inflation. Some economist believe that the tax would lead to inflation. This is not proven, but I have heard this argument many times.
- It discourages spending. Companies spend millions of dollars trying to determine the maximum price consumers willing to spend on their products, tacking an extra 23% will likely reduce sales and could have an economic impact.
Despite the challenges and problems in this program it is much better than our current system. and the key concepts of this bill are still very sound. Our current tax system is a mess and major reform is needed. Of the options that are being put on the table this bill is the most aggressive and is the best option. Through the legislative process we can address some of the issues that effect the bill.
