Friday, August 31, 2012

This'n'That; August Thirty-First #1; RNC Finale

The First Night I Watched The Entire Event
    And I'm so glad I did.  Mine was the Fox Business Channel, with Neil Cavuto hosting.  There were several notable guests; several cut-aways to the speaker on the dais.
    The consensus was that actor Clint Eastwood would be the surprise, mystery guest speaker, but... no, he was not!  Mr Eastwood brought along the true mystery guest, "Clown Prince" obama, in absentia!!

Mr Eastwood addressing 'obama'
    Beyond questioning the "Clown Prince," Mr Eastwood proselytized, thus:
"When somebody doesn't do the job, ya gotta let 'em go."
Clint concluded his remarks by asking the assembled masses to finish his famous phrase:
He said "Go ahead...."
To which the crowd chanted: "MAKE.... MY.... DAY!!!!" 
    The Eastwood remarks were far more entertaining than the washed-up has-been, insignificant David Letterman demonstrating the depths he'll sink to in keeping abject incompetence in barackingham Palace!!
[Blogger Note:  After the Eastwood remarks, Neil Cavuto revealed that Mr Eastwood's telepropters 'locked up' just after the introduction and his remarks thenceforth, were completely ad-libbed!!  Great Job Clint, you "made our evening!!"]
Til Nex'Time....



Thursday, August 30, 2012

This'n'That; August Thirtieth #2; Rush For Fun!

Ya Gotta Check From Time-To-Time!
    If you don't check Rush Limbaugh's website for the articles, at least check it for the illustrations.  Some are 'a real hoot,' like this one:
"The Election IS A Refrendum on obama;" August 29-30, 2012
or this one:
obama Denegrating Governor Romney in Iowa with Impunity; August 29-30, 2012
and this, one of Rush's Pearls of Wisdom:
August 29-30, 2012
 and this 'pearl:'
August 28, 21012
or this one:
"Ronaldus-Magnus" speaking at the 1980 RepublicRAT Convention
as well as Dennis Miller 'schooling' Jay Leno on obama's "War on Women."
    Not only a lot of information, a lot of entertainment!!
Til Nex'Time....



This'n'That; August Thirtieth #1; Who's Racist Now?!?

NO Speakers 'Of Color' Broadcast, Save One!
    Is there a reason?!?  Hell, yea!  The political racism in the obamacRATic national pamphleteer 'corpse' with The Bilderberg Group then through George Soros,  then through "Clown Prince" obama, then through NBC, then through MSNBC.  The party that portends support for 'all things, black' is the very party that has ceremoniously, vigoriously and economically had their 'jack-boots' on the collective throats of the black man, woman and child since they achieved freedom during the American Civil War!
S.C. Governor Nikki Haley
Secretary, Professor, Doctor Condoleezza Rice
    Until the broadcast of Condoleezza Rice's speech, South Carolina Governor Nikki Haley was the only speaker 'of color' to make it through the socio-fascist barracades onto the airwaves.  Most probably to the chagrin of both the Bilderbergers and George Soros, the two networks have illustrated the error of their ways with the broadcast of Secretary Rice's speech.
"obamacRAT-turned-republicRAT" Artur Davis
    Both networks--giving in to either fear or threat--missed out on two excellent speeches in the remarks of Mayor Mia Love and the remarks of 'obamacRAT-turned-republicRAT' Artur Davis.  Both spoke to their origins, the promise and the future of a non socio-fascist America.
Mayor Mia Love
   Soon--with the Romney Campaign able to dig into their post-convention warchest--the next 'Battle of The Airwaves' will begin.  The conservative voter will have a daunting task in blocking out the lies and bullshit propagated by the obamacRATic 'Chicago-style' thug politics.  Said 'lies and bullshit' are the "Clown Prince's" last and only remaining hope for success in the upcoming general election!!
Til Nex'Time....



Wednesday, August 29, 2012

This'n'That; August Twenty-Nineth #1; Rules, SCHMules!

Why This?!?  Why Now?!?
    The 'big stink' going into the republicRATic convention:  Control of Conservative delegates. In addressing this, some idiot somewhere, decided that a rules change is required to 'control' those evil conservatives, i.e., the "Tea Party" Movement, forgetting that said conservatives gave the GOP it's majority in the House of Representatives.
    The rules change controversy involves the presumptive nominee's ability to control each states' nominating delegates to--and at--the convention.  Initially, one must attempt to understand the complicated formula used to determine each state's total number of nominating delegates. An example of the formula used to determine Texas' delegate contingent can be found here
    The contention is that the Rules Committee wants to change the RNC rules (Rule 15, [being renumbered to Rule 16]) to give future presidential candidates the ability to veto who can be state delegates to the national convention.  This is a blatant attempt by inside-the-Beltway political hacks to negate the mounting power of said "Tea Party" Movement by having a stranglehold on the entire political process.  Many opponents to said rules changes are not just "Tea Party" Movement members, but come from all across the 'republicRATic' political spectrum, including long-time conservatives, party 'regulars' as well as lots of Romney supporters.  This blatant attack by the 'Karl Roves' and the 'John Sununus' to gain control of the process is at the expense of the voices--and support--of conservative American voters!!
    Thus far, it seems this obama-style tactic won't fly with the saner minds on the RNC Rules Committee.  One can only hope!  How can anyone think ANY SANE AMERICAN would stand for socio-fascist control from the right?!?  Especially since we've already had three-plus years from the 'control-master,' HIMSELF?!?
Til Nex'Time....



Tuesday, August 28, 2012

This'n'That; August Twenty-Eighth #2; My Reading List

Finally, Catchin' Up On My Reading!
    With a suspected pinched nerve in my lower back, I've been forced to 'take-it-easy,' primarily cuz I have no choice!!  If ya can't walk upright, there ain't much ya can do!! Both "The Young Miss Lovely" and I are voracious readers; she just having finished a book, me having run out of unread books, I picked up the seemingly, most readable book in her library: 
Homer's Odyssey, by Gwen Cooper
Ms Cooper's sub-title for the book: 
A Fearless Feline Tale, or how I learned about love and life with a blind wonder cat.
    I want to highlight a specific quote in the book, but first let me set the stage.  The principal character is Homer, a blind--eyeless--black kitten.  Homer was found as a two-week-old orphan with infections in both eyes so severe that his eyeballs had to be surgically removed to maintain life.  Ms Cooper adopted Homer soon after said surgery, before the stitches were out; before that silly cone-around-the-neck had been removed.  Homer was the third cat to populate the Cooper household, with two adult, sighted cats.
Homer inspecting canned tuna
    There are exciting adventures too numerous to recount, of Homer's adaptation to his surroundings; his fearlessness in the face of disability; his huge capacity for love of all things!!  This quote--in the first paragraphs of Chapter Sixteen--really impressed me as phraseology too few use for fear of offending those judgmental souls among us:

    Prior to the break-in, I had been on exacly one date where the man in question made it past the front door of my apartment and into the apertment itself.  He'd arrived on a Thursday evening to pick me up, and I'd invited him inside for a drink before we set out.  I went into the kitchen to mix us some cocktails.  When I came back into the living room I found Homer trapped in a corner by my date, who was standing in front of Homer and hissing loudly at him.  There was a wild, terrified look on Homer's face as his ears turned rapidly back and forth, as if he was trying to hear his way into an excape route.
I nearly dropped the glasses I was carrying. "What the ....?"
"He came over to me," my date explained.  "Black cats are bad luck."
    Most people made a point of being kind to Homer.  A small few were indifferent and simply left him alone.  But I had never witnessed anybody going out of his way to frighten a blind cat.  The voice I heard in my head sounded a lot like my mother's.
What kind of a person does such a thing?  Who raised this man?
    It may have been the one time in my life when I wished I were a man, ecause what I wanted more than anything in that moment was to haul off and belt that guy in the face.  I had a delightful vision of smashing the glass I held, Sopranos-style, against the side of his skull.  My hands clenched into fists around the ice-filled glasses until I thought frostbite would set in, but my voice was measured.
"The cat lives here," I said. 
"You do not.  Please get the hell out of my apartment."
    Not only this adventure, but Ms Cooper had moved from the 'South Beach' area of Miami to new employment just blocks from New York's Financial District, only months before muslim terrorists leveled 'The Twin Towers!'  This led to more adventures in getting Gwen reunited with her cats on the eleventh floor of a residential tower near "The World Trade Center."
    Homer has his own Facebook page and a blog.  His book is available here.
Til Nex'Time....



This'n'That; August Twenty-Eighth #1; Crazy?!?

Are You Crazy?!?
    You certainly are if you're even considering voting for Dorothy "Geeze-Louise" McIntosh Rodham Slaughter!!  All that's necessary to confirm I'm right is to check her voting record
If a bill would preserve and promote the Constitution, Mrs Slaughter primarily voted against it.
If a bill would specifically add to the ubiquitous controls on firearms of any type, Mrs Slaughter primarily voted against it.
The same position applies to jobs creation, federal tax code fairness, domestic petroleum and minerals discovery and production, infant death by abortion and a multitude of other topics.  Well, you'll see when you check the aforementioned voting record.
    On the other hand, anything--no matter how destructive to the American way-of-life--proposed by "Clown Prince" obama automatically gets the Slaughter vote!  Remember, she's the complete nincompoop who attempted to 'deem' the obamaKare legislation voted upon by the House just on her word, even though no vote was taken!  This 'deem and pass' approach was laughed out of the congress!  Can a socio-fascist obamacRATic get any more communistic?!?
    Alternatively, we of New York's 25th Congressional District, have (Margaret) Maggie Brooks, the current Monroe County (Rochester area) Executive.  Those of us living in Monroe County, N.Y., know of Maggie's foibles, mostly that some of her underlings are of less-than-stellar character.  Some underlings have been involved in kick-back schemes and some are currently residing--rent-free--with the State of New York.
    What we don't know about "Geeze-Louise" far overshadows what we DO KNOW about Ms Brooks!!  Few will disagree that we can do no worse than voting for Ms McIntosh Rodham Slaughter; we can do far better in voting for Maggie.
Til Nex'Time....



Sunday, August 26, 2012

The Sunday 'Report;' 08/25/2012 [Part 3]

What The National Pamphleteers Don't Report
Political Cartoons by Gary Varvel
by Gary Varvel; August 23, 2012
The Continuing Superstitions
by C. Lowell Harriss,
[This article first appeared in the October 13, 1972, issue of NATIONAL REVIEW.]
    Misconceptions are abroad in the land. In the supposed interest of the “common man,” politicians propose to raise taxes (already too high) so as to make business (“them”) pay its “fair share” (it already does, and then some) and take much of the burden off the individual taxpayer (“us” — but we’ll pay more than ever). Almost half — $9.4 billion a year — of the tax increases proposed by Senator McGovern on August 29, for instance, would be imposed on businesses, chiefly on corporations. Almost all of the remainder would fall on capital gains and thus, somewhat indirectly, reduce the capital available to industry. Other proposals embodied in various tax reform programs advanced this year would hit businesses in other ways. That such antibusiness tax suggestions are endorsed seriously, and not rejected as a matter of course, bodes ill.
    The Nixon Administration is downright defensive about tax relief for corporations as against individuals. And Senator McGovern is only one of many influential members of Congress proposing to hit business harder. If they had their way, they would worsen what is already a bad feature of the tax system. As another round of tax reform seems probable, we should use it to improve the economy, not to make matters worse. The best way to do this is to lower, not raise, taxes on business.
    In advocating a reduction of business taxes, an economist may seem to be [....]

Ending Work for Welfare: Bogus Measures of Success
by Robert Rector,

August 24, 2012
    More Last month, President Obama’s Department of Health and Human Services (HHS) illegally overturned the work requirements that were the core of the welfare reform law of 1996, which required that a portion of the able-bodied recipients in the Temporary Assistance for Needy Families (TANF) program—the successor to the Aid to Families with Dependent Children (AFDC) program—be required to work or prepare for work as a condition of receiving aid.
    The Obama Administration abolished this standard, declaring that in the future all state welfare bureaucracies and all TANF recipients could be exempted from the federal work requirements. Obama’s HHS has set forth several dramatic changes that will permit state welfare bureaucracies to ignore the TANF "workfare" standards. These changes will demolish the work-based core of welfare reform. Here is the first lesson why.
Sham Work Standards
In order to be exempt from federal work participation standards, HHS Secretary Kathleen Sebelius stated that a state would have to “move at least 20% more people from welfare to work compared to the state’s past performance.” This standard is vague, since states do not actually need to fulfill it but merely “demonstrate clear progress toward that goal no later than one year” after they are exempted from the old TANF work standards. Nonetheless, at first glance, this goal looks fairly impressive.
    President Obama’s HHS will exempt [....]

Fellow SEAL‘s Strong Message for ’Benedict Arnold’ Behind Bin Laden Raid Book: ‘We Weep From Your Betrayal’
by An Anonymous Navy SEAL,
August 24, 2012
Editor’s Note: The op-ed below is from a former Navy SEAL and friend of TheBlaze, who has asked to remain unnamed. The Op-Ed is a response to the upcoming book “No Easy Day,” which gives a first-hand account of the raid that killed Osama bin Laden. The upcoming book is co-authored by a former Navy SEAL under the pseudonym Mark Owen. The SEAL has been identified Thursday, and many news outlets have published his name. TheBlaze has not.
    Mark is a legend. He‘s the operator’s operator. He’s a leader and a perfectionist. He’s the quiet professional completely dedicated to God and country. Which is why it makes what he’s done so devastating.  Now I know how General Washington must have felt [....]

Should Retired Military Officers Speak Out: Always, Never — or It Sort of Depends?

by Victor Davis Hanson,
August 23, 2012     General Martin Dempsey, chairman of the joint chiefs of staff, has spoken out in criticism of various retired officers, many of them from special forces, for drawing on their military bona fides in voicing displeasure over the Obama administration’s serial leaks (the details of the Osama bin Laden raid, the drone protocols, the cyberwar against Iran, the Yemeni double agent, etc.). Dempsey makes a good point (e.g., “If someone uses the uniform, whatever uniform it is, for partisan politics, I’m disappointed by that, because I think it does erode that bond of trust that we have with the American people”). Or at least he would have made a good point, had the political horse not long ago left the military barn.
    By that I mean, the military has already broken precedent by allowing serving personnel to march in uniform in overtly politically inspired parades, such as the recent gay-pride parade in San Diego (will we see soldiers in uniform at tea-party marches protesting uncontrolled federal spending or the takeover of health care?). And we should not forget the recent so-called revolt of the generals when [....]

If I Ran An Anti-Obama Super PAC…
Staff Report,
August 23, 2012

    At one time or another,most people have fantasized about what they would do if they were rich. I’m talking what we used to call filthy rich. I know what I would do. I would start a Super PAC. I would fund it myself,write the ads,make the media buys,and drive liberals crazy. It would be so much fun.
I would start with Mitt Romney’s taxes. The Obama campaign points out that Romney pays a lower percentage rate than does his running mate,Paul Ryan. The premise of the argument is faulty,of course,but conservatives don’t seem to know how to stop the other side from defining the issue.
    When Arnold Schwarzenegger first ran for governor of California,he tapped billionaire Warren Buffett [....]

The Mysterious Disappearance of International Law Arguments from Juvenile Sentencing in Miller v. Alabama by Charles Stimson and Jonathan Levy,
August 22, 2012
More Abstract: For almost a decade, activists have asserted that, through the mechanism of the Eighth Amendment’s prohibition on “cruel and unusual punishments,” international law either forbids or constrains states from exposing the roughest juvenile criminals to the toughest sentences. Relying in part on those arguments, the Supreme Court of the United States has diminished sentencing options, for adult and juvenile offenders alike, at every turn. However, in Miller v. Alabama, foreign and international law are conspicuous only for their absence. This may signal a welcome shift in the Court’s jurisprudence. Activists will no doubt continue to cite foreign and international sources in making their cases against domestic sentencing practices, but Miller at least suggests that the Court has grown wary of such arguments.
    It may be time to say a guarded goodnight to the argument that foreign law should dictate or influence the constitutional limits on sentences for juvenile killers and violent teens. For almost a decade, activists have asserted that, through the mechanism of the Eighth Amendment's prohibition on “cruel and unusual punishments,” international law either forbids or constrains states from exposing the roughest juvenile criminals to the toughest sentences. Relying in part on those arguments, the Supreme Court of the United States has diminished sentencing options, for adult and juvenile offenders alike, at every turn.
    However, in Miller v. Alabama,[1] the Court’s latest juvenile sentencing case decided this summer, foreign and international law are conspicuous only for their absence. This may signal a welcome shift in the Court’s jurisprudence.  Using foreign law to interpret the United States Constitution “is dangerous, because American law is unique—the constitutional protection of free speech, for example, is far more robust than in most other nations—and so relying on persuasive foreign authority could serve to undermine these key, and uniquely American, constitutional protections.”[2] According to Justice Samuel Alito, [....]

Just Drill, Barry
by John Ransom, 
August 25, 2012
    When presidential candidate John Kerry pointed out that he voted for the Iraq War before he voted against the Iraq War, we all thought it a terrible gaffe. But politics, in a study of how politics leads to a devolutionary society, no longer sees campaigning as being for something before being against something as gaffe-worthy. Yesterday’s sex scandal can be today’s mystique, if you are just willing to afterward reveal to teenagers on TV what kind of underwear you favor.
    So it’s with this quaint notion that right can be made wrong- and vice a versa- if you just are brave enough to ask people to lower their standards by this much: <---> (not actual size…actually much, much smaller) that we address Democrat energy policy- or lack thereof- depending on your standards… or lack thereof.  It turns out that being for having an energy policy before being against it –or vice a versa- it isn’t a gaffe at all; no, indeed. Under Obama, the Democrats have made it part of the party platform.
For example, did you know that president Obama has been a champion of Big Oil since he became our Chameleon-in-Chief?
That’s right: Oil production is at an all time high under- hurray!- his administration because he’s been so cooperative with oil and gas producers- and, depending on your standards, or lack thereof, you might even believe him when he says it. Last year the New York Times was so disgusted with Obama’s landmark, much-billed energy policy speech that they actually issued this correction:
This article has been revised to reflect the following correction:
Correction: March 30, 2011
A previous version of this article misstated how many of the president's proposals to reduce the country's reliance on imported oil were new in his speech on Wednesday. None of them were, not one of them.
So let’s you, me and the New York Times agree that Obama really doesn’t have an energy policy. Recently Obama reinforced that notion. You see, Obama was against oil production before his newest, bestest policy, just recently embraced 72 hours ago, that- to paraphrase him- says: “Drill, Barry, drill.”
His change of heart , or lack thereof, has come about in wake of the administration’s latest self-inflicted gunshot wound to the economy, rising oil prices… again.  For decades the basic policy of all US governments, Democrat or Republican, has been to keep oil prices relatively low and relatively stable. To argue a contrary policy, as Obama has done, [....]

Another Recession Is Imminent
Morning Bell,
August 23,2012

    Yesterday, the Congressional Budget Office (CBO) reported that without a doubt, America will have a fresh recession next year unless Congress and the President prevent it. We are facing the largest tax increase in history—Taxmageddon, scheduled to take effect January 1—and what experts are calling a "fiscal cliff" of sharp and unforgiving budget changes that will send the country spiraling downward. Congress and the President have the power to prevent this, and when the August congressional recess is over, that is exactly what they should do.
    In its new report, the CBO said that if Congress does not act, it's not economic growth we should be worried about, because the economy will actually shrink next year. It will shrink by 0.5 percent, and the unemployment rate will spike to 9.1 percent. As Heritage's J.D. Foster explains: [....]

Media "Fact Checkers" Promote Obama's Gutting of Welfare Reform
Morning Bell,
August 24,2012

    Since Heritage's Robert Rector and Kiki Bradley broke the story on July 12 that the Obama Administration had gutted the work requirements from the 1996 welfare reform law, the Administration has denied it. In recent weeks, media "fact checks" have popped up all over declaring The Heritage Foundation's scoop "False."  Major media—most recently, CNN—have carried water for President Obama's defense of rewriting the welfare reform law. Since these supposed government watchdogs are playing the lapdog, Heritage will continue to provide the facts and do the investigative reporting.
    Rector has already debunked the Administration's claims that it did not gut welfare reform and that Republican governors tried to do the same thing in 2005. Now, he is taking apart the Administration's defense of its new waiver policy piece-by-piece in a new series of papers.
The Claim: New Rules Will Still Increase Work
CNN's "fact checkers" claim that "In some small way, the waivers might change precisely how work is calculated but the essential goal of pushing welfare recipients to work—something both Democrats and Republicans agreed to in the 1990s—remains the same."  This is exactly Health and Human Services (HHS) Secretary Kathleen Sebelius's defense: that waiving welfare's work requirements for states under the Temporary Assistance for Needy Families (TANF) program will still require states to get welfare recipients into jobs. She maintains that [....]   Obama Puts Millions More On The Dole
by Chip Wood,
Personal Liberty Digest
August 24, 2012

    Did you know that the U.S. Department of Agriculture has been spending hundreds of millions of dollars trying to get more people to sign up for food stamps?  I kid you not. One of the most absurd examples was “a 10-part series of Spanish-language ‘novelas’ that trumpeted the benefits of the food stamp program.”  In the public service announcements, several people pressure a wife and mother named Diana to sign up for assistance, even though she says she doesn’t need it.  In the fourth commercial, Diana says (in Spanish): “I don’t need help from anyone. My husband makes enough to take care of us.” That’s a great example of traditional American values, wouldn’t you say?
    Apparently, it isn’t for the folks at the USDA, who produced the advertising campaign in 2008.  Diana’s friends keep badgering her to wise up and get with the program. Ultimately, they win her over. By the end of the series, Diana has her own food stamp Electronic Benefit Transfer card and has become an enthusiastic proponent of letting Uncle Sam buy her groceries.
    Senator Jeff Sessions (R-Ala.) was just one of many Congressmen who condemned the series of messages: “It has become increasingly clear that, in recent years, the mission of the food stamp program has been converted from targeted assistance for those in need into an aggressive drive to expand enrollment, regardless of need.”  Indeed it has. In the past decade, Federal spending on the food stamp program [....]

Paul Ryan: Pro-Growth Supply-Sider

by Larry Kudlow,
August 24, 2012    In the two weeks since Mitt Romney chose Paul Ryan as his running mate, the entire Republican party has been rejuvenated. Governor Romney himself has been reenergized. After losing ground in the polls this summer, he’s once again drawn even with the president. Wisconsin is now in play. Even senior voters in Florida have signaled heavy approval of Romney-Ryan.  I know vice presidents are not supposed to be so influential. Political scientists say the top of the ticket is what matters. But Paul Ryan is disproving that.  And yet I hear and read some grousing from conservative supply-side colleagues that Ryan is no longer the Jack Kemp, supply-side-growth guy he once was. Instead, they say he has become a root-canal Republican who obsesses about entitlement debt bombs and deficit reduction. They say he’s wedded to the Congressional Budget Office in a kind of budget-austerity, Stockholm syndrome.
    The whisperers say this happened to Dave Stockman years ago at OMB. Now they say it’s happening to Paul Ryan at the head of the House Budget Committee.  These charges are completely false.  On the eve of the convention, I had a lengthy interview with Congressman Ryan. Over and over he talked about the need for economic growth through supply-side tax reform, spending restraint, deregulation, and entitlement fixes.  Previewing his convention speech, Ryan said, [....]

What Is the Role of the People?
by Edwin Feulner, Ph.D.
August 21, 2012
    The stirring opening words of the Constitution proclaim that it is the work of “We the People.” In the Declaration of Independence, the American people had announced to the world that they were sovereign and free. In the Constitution, they sought to defend this freedom by creating a unique government for an exceptional nation, a government that derived its just powers from the consent of its people. In this American republic, what is the role of the people?
    The United States is exceptional because of its universal founding principles. At the heart of these principles is the belief that people are free by nature and possess inherent rights. The use each of us makes of these rights will naturally be different, and the outcomes of those choices will naturally differ too. But the choice remains ours. Freedom is thus inextricably bound up with living our lives as we see fit. This is self-government in the truest sense of the term. We the people need not slavishly defer to experts. We can be trusted to govern ourselves.  That is why government must remain limited: The people have given it only limited powers, as described in the Constitution. When government takes more than we have given it, it renders our choices meaningless. At worst, unlimited government is tyrannical; at best, it imposes a dull uniformity that crushes true diversity and saps the independent spirit of the people.
    The Founders believed that a crucial problem was to avoid creating a government that could be dominated by a single faction. That faction might be a minority, or it might even be a majority. But no matter its size, it would inevitably seek to promote its own narrow interests at the expense of the liberties of the people. One purpose of the Constitution’s checks and balances, one reason why it divides and limits power, is to restrain the ambition of the powerful, and—in the words of the Constitution—to ensure that government genuinely promotes “the general Welfare.” As the federal government has grown over the past century, the business of government has increasingly become taking from Paul to benefit Peter, and then borrowing from Peter to pay off Paul. What the supporters of big government call the general welfare is merely the artful distribution of favors to particular factions.
    The federal government is not supposed to be the most important institution in America. In securing the general welfare, it is supposed to do only those things that are provided for in the Constitution. It must, for example, provide for the common defense and regulate our relations with foreign nations. It must respect our right to enjoy the fruits of our labor by taxing lightly, and defend the freedom of the marketplace by ensuring the rule of law. And it must remember that the family and religion are where we learn [....]
Until Next Sunday....



The Sunday 'Report;' 08/25/2012 [Part 2]

What The National Pamphleteers Don't Report
Political Cartoons by Robert Ariail
By Robert Ariail - August 24, 2012

Another Temporary Budget Deal: Don’t Blame a “Broken” Process
by Patrick Louis Knudsen,
August 1, 2012
    The stopgap spending agreement reached by House and Senate leaders may be the only way Congress will escape a post-election “lame duck” showdown over funding government agencies. It also presumably helps clear the agenda so Congress can focus on Taxmageddon and the scheduled defense-devastating sequestration—two other major fiscal problems lawmakers keep putting off.  But no one should rationalize it as inevitable and necessary to overcome political gridlock or a “broken” budget process. It is a choice—and a concession to the intransigence of the Senate leadership. While perhaps expedient in the near term, it will have longer-range drawbacks that threaten Congress’s ability to manage the immense fiscal challenges looming ahead. Lawmakers should weigh these matters carefully when they take up the measure in September.
    The continuing resolution (CR) agreed to by House Speaker John A. Boehner (R–OH) and Senate majority leader Harry M. Reid (D–NV) displaces the 12 annual spending bills that provide roughly one-third of the government’s funding. The six-month measure will run at the Senate’s spending level—$19 billion higher than the House budget resolution—as Reid demanded. Supposedly the new Congress will be free to adjust spending levels in the new year if it chooses. The Senate, which has neglected to pass a budget resolution the past three years, has been writing its spending bills to the $1.047 trillion level of the Budget Control Act, a product of last year’s debt ceiling debate.  Prior to the agreement, the House [....]

Fact: Ezra Klein Doesn’t Read Ezra Klein’s Work
by John Ransom,
August 22, 2012
    Ezra Klein tells readers of his “wonk” blog that he doesn’t read his own work.
Ok, he doesn’t actually say that, but he certainly implies it: “I actually can’t recall running into a piece in which the argument is so carefully written,” writes Klein “as to mislead the reader without, in most cases, being entirely untrue.”
There it is. Case closed. Ezra Klein says so.
Klein either doesn’t read his own work or he has a short-term memory problem.  Klein of course was referring to someone else, not himself as I facetiously suggest- in this case, historian Niall Ferguson- when he wrote about misleading the reader without being untrue.  Ferguson you see has committed the unpardonable sin of being in all the right clubs- Oxford, Harvard, etc- and being…gasp…a conservative.
    In a Newsweek cover story- Hit the Road Barack- Ferguson takes the president to task for: 1) passing Obamacare without any messy reform getting in the way of the graft in politics; 2) not effectively dealing with unemployment; 3) adding to the deficit without producing economic benefits and the more general sin of not being an effective executive.
“Despite having been—full disclosure—an adviser to John McCain,” writes Ferguson, “I acknowledged his opponent’s remarkable qualities: his soaring oratory, his cool, hard-to-ruffle temperament, and his near faultless campaign organization. Yet the question confronting the country nearly four years later is not who was the better candidate four years ago. It is whether the winner has delivered on his promises. And the sad truth is that he has not.”
And since liberals these days are having a hard time defending the indefensible- anyone seen [....]

Dave Says Don't Pay Those Student Loans
by Dave Ramsey,
August 22, 2012Dear Dave,
    I’ve been working the Baby Steps and doing a budget most months. But how does someone who is single stay motivated and focused with something like this? It feels sometimes like it would be easier if I had someone holding me accountable.
Dear Rick,
    The first thing is to make sure you do a written budget each month. Not once in a while, not most months—every single month. If you don’t draw the out-of-bounds markers, there’s no way to know when you’ve stepped over the line, right? A monthly, written budget becomes your self-accountability tool, especially when you’re single.  Still, there’s nothing wrong with introducing a little accountability into your life. You don’t have to [....]

Mocking Obama and the Rest of the Political Clowns
by Daniel J. Mitchell,
August 26, 2012
    It’s been more than one month since I posted the last collection of jokes and one-liners from the late-night talk show hosts.  So without further adieu, courtesy of the folks at, are my favorites since that time. I’m surprised there’s not more material about Todd Akin, but that may change in coming days. My favorite is the “50 states” comment from Leno.
Jay Leno
They’re now worried that Tropical Storm Isaac could hit Florida during next week’s Republican convention. But Florida is ready for it. Thanks to President Obama’s economic policies, many businesses down there are already boarded up.
Actually, Mitt Romney and Hurricane Isaac have something in common. They can both change directions at any moment.
It’s now being reported that Joe Biden will go to the Republican convention to try to cause problems for Mitt Romney. Then after that, he will go to the Democratic convention where he will definitely cause problems for President Obama.
At a campaign stop in Virginia, Joe Biden said he is such a  [....]
David Letterman
Missouri Congressman Todd Akin has some interesting views on health. I think he’s in a little hot water. Penn State took down his statue today.
Mitt Romney has asked Todd Akin to step down. That’s too bad. Todd Akin was the guy to lead the Republican Party into the 16th century.
Today the Republicans are getting ready for the convention. They’re busy down there in Florida auditioning minorities.
Paul Ryan likes to catch a catfish bare-handed. He’ll wade into a river and pull it out with his bare hands. Meanwhile, Chris Christie likes to reach into the tank at Red Lobster.
Mitt Romney has selected Paul Ryan as his running mate. They say this could be [....]
Jimmy Fallon
CNN plans to air a 90-minute documentary on Mitt Romney before the Republican National Convention. Yeah, 90 minutes of Mitt Romney. Even Red Bull is like, “This is outta my league, bro.”
President Obama’s supporters can now text the word “GIVE” to donate up to $50 to his campaign, although it’s frustrating when autocorrect keeps changing it to “Fix the economy.”
It was just announced that most of the speakers at this year’s Democratic National Convention will be women. But it’s going to be annoying when they stop speaking, but won’t tell you why.
A hurricane could threaten next week’s Republican National Convention in Tampa. It could really hurt Republicans — which explains [....]

Obama’s “Plan B”
by 'Coach,'

August 25, 2012
    Now that Secretary of State Hillary Clinton has turned down Barack Obama’s offer to replace Vice President Joe Biden,Obama is left with but one move to win reelection and remain President,and it will cost hundreds of thousands of lives. Had Hillary switched with Biden,Obama would have had a chance to win the election. A hell of a lot more of a chance than as it now stands. He has done everything he thought “the people” wanted,but he has been forced to realize that his “people” are the occupiers (the true 1%,if that).
Obama is watching the Presidency slip away from him.
    His fellow Constitution-hating Marxists and socialists,along with his union Communist thugs,are a noisy minority that bullied its way to the front of the class,only to be discovered in the light of day and identified as the enemy within. They are a noisy,inconsiderate,vile,crude,enemy within bought and paid for by the White House. We see them,we know what they are,and we are leading them to a Reagan-type landslide defeat. A slaughter sponsored by [....]

Famous Drill Instructor Says GEICO Fired Him for Criticizing Obama Admin.
by Jonathon M. Seidl,
August 26, 2012

    Famous drill instructor Lee Ermey — best known for his appearance in the movie “Full Metal Jacket” — says he was fired from his gig as a GEICO insurance personality because he criticized President Obama. Last December, Ermey — also known as “Gunney” — made headlines by blasting the economy and linking Obama to socialism:
But the plot thickened in January when Ermey came out and apologized, drawing the ire of some of his fans. And now, despite that apology, Ermey says GEICO fired him [....]

‘Unconstitutional’?: Atheists Target High School Coach for Allowing Churches to Feed Football Players
by Billy Hallowell,
August 23, 2012

    The Freedom From Religion Foundation (FFRF), an atheist activist group based in Madison, Wisconsin, is taking a football coach to task, claiming that he violated the First Amendment by allowing local churches to prepare meals for team members. The organization sent a letter to Walker County Schools in LaFayette, Georgia, demanding that officials immediately investigate Mark Mariakis, the Ridgeland High School coach.
    While the atheists want an examination into alleged pre-game foods that churches purportedly prepared for the players, the FFRF also addressed claims that Coach Mariakis prayed with the football players, used Bible verses in motivational speeches and on team shirts and took part on the Fellowship of Christian Athletes, a faith-based organization. According to the FFRF, a local individual complained [....]

[As always, this is no endorcement of any investment]
Dividend Affordability And Sustainability

by Roger Goodrich,

August 24, 2012
    One question that frequently arises with respect to dividend paying stocks is whether or not the company can afford to a) not only pay the current dividend, but b) is that dividend stream and growth sustainable? The standard measure for affordability is Payout Ratio, which is the ratio of dividends/share to earnings/share. While this metric is useable for a majority of companies, it is of little to no use for companies that choose to pay a large portion of their cash flow as dividends, as well as MLPs (Master Limited Partnerships) and REITs (Real Estate Investment Trusts), which are required by tax law to do so.
    There is a simple solution to this problem, one tha is in use by some investors but not widely recognized by all. The best place to start is with the Cash Flow Sheet, which -- along with the Income Statement and Balance Sheet -- constitute Financial Statements that companies are required to file on a quarterly (and annual) basis. There are websites that provide this information; I use, showing five years of data (bottom of first column on Quote sheet (first screen displayed)).  The table below shows [....]
[As always, not an endorsement of any investment]
Elmira Savings Bank: Place Your Money Here To Get A 4.5% Return
by Henry Nyce,
August 24, 2012

    Elmira Savings Bank (ESBK) is a federally chartered bank with 10 offices in Chemung, Tompkins, Steuben and Cayuga Counties of NY and one office in Tioga County, PA. It also has 2 loan centers, 1 in Tompkins County, NY and 1 in Cortland County, NY. ESBK just announced that it purchased another branch office in Elmira Heights, NY which will open on 8/27/2012.  What are the reasons to buy this bank? [....]

[As always, not an endorsement of any investment]
4 Undervalued Dividend Stocks That Analysts Favor

by 'ZetaKap,'
August 25, 2012

    Investing in dividend stocks that consistently offer moderate to high yields is a sound approach to adding income and building wealth. Today we developed a list of dividend stocks with a track record of providing reliable yields. In addition, they have two other traits that bolster their appeal: all appear to be trading below market value and have received recent analyst ratings of "Buy" or "Strong Buy". We think you will find our list worthy of further research.
    The PEG ratio (price/earnings to growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate. Thus using just the P/E ratio would make high-growth companies appear overvalued relative to others. It is assumed that by dividing the P/E ratio by the earnings growth rate, the resulting ratio is better for comparing companies with different growth rates. A lower ratio is 'better' (cheaper) and a higher ratio is 'worse' (expensive) - a PEG ratio of 1 means the company is fairly priced.
    The Price/Sales ratio is a price-multiple valuation metric used to help identify if a firm is cheap by its twelve month trailing sales numbers. In the most basic terms, it lets an investor know how much the investment community is willing to pay for every dollar worth of sales. A firm with a P/S ratio of one or lower would be viewed as cheap because investors are paying $1 or less for every dollar worth of the firm's sales. On the other hand, a firm is generally considered to be expensive when the P/S ratio is above three. These are general guidelines used by the investment community, not hard rules to be clear. Price/Sales Ratio = Current Stock Price/Revenue (sales) per Share.  We first looked for dividend stocks. From here, we [....]

50 Examples of Government Waste by Brian Riedl,
October 6, 2009
    More Soaring government spending and trillion-dollar budget deficits have brought fiscal responsibility -- and reducing government waste -- back onto the national agenda. President Obama recently identified 0.004 of 1 percent of the federal budget as wasteful and proposed eliminating this $140 million from his $3.6 trillion fiscal year 2010 budget request. Aiming higher, the President recently proposed partially offsetting a costly new government health entitlement by reducing $622 billion in Medicare and Medicaid "waste and inefficiencies" over the next decade. Taxpayers may wonder why reducing such waste is now merely a bargaining chip for new spending rather than an end in itself.
    It is possible to reduce spending and balance the budget. In the 1980s and 1990s, Washington consistently spent $21,000 per household (adjusted for inflation). Simply returning to that level would balance the budget by 2012 without any tax hikes. Alternatively, merely returning to the 2008 (pre-recession) spending level of $25,000 per household (adjusted for inflation) would likely balance the budget by 2019 without any tax hikes.
Not Easy, but Necessary
Reducing wasteful spending is not easy. Even the most useless programs are passionately supported by the armies of recipients, administrators, and lobbyists that benefit from their existence. Identifying inefficiencies and abuses is much easier than devising a system to fix them. Many lawmakers focus more on bringing home earmarks than on performing the less exciting task of government oversight. Exasperated taxpayers see the cost of government rise with no end in sight.  Of course, eliminating waste [....]

Wasserman Schultz Refuses to Acknowledge She’s Misquoting the LA Times After Baffled Cooper Calls Her Out
by Jason Howerton,

August 24, 2012
    Regardless of whether or not you agree with Anderson Cooper’s politics, the guy is arguably one of the last real journalists left in the mainstream media. During his CNN show on Thursday, the host proved that during his “Keeping Them Honest” segment where he ripped into Rep. Debbie Wasserman Schultz (D-Fla.) for “misquoting” a Los Angeles Times article in a fundraising email, in which she attempted to tie GOP presidential nominee Mitt Romney’s abortion stance to Rep. Todd Akin’s. Akin came under fire this week from all sides for arguing that women’s bodies can prevent pregnancies in cases of “legitimate rape.”
    Cooper was persistent in trying to coax an apology out of Schultz, but she remained defiant throughout the entire segment.  The email in question argued that the GOP “just voted to embrace Akin’s position by including a constitutional ban on all abortions — even in cases of rape or incest — in their 2012 platform.”  Schultz also criticizes Romney and his running mate Rep. Paul Ryan (R-Wis.) in the email [....]

August 21, 2012 4:00 A.M.

Are We Doomed?
Seeking a politician with the guts to say, “Stop!”
by Victor Davis Hanson,
August 21, 2012
    Sometimes societies find themselves in pernicious cycles in which the perceived medicine seems worse than the known disease. The Roman satirist Juvenal lamented the ill effects of free food and free entertainment for the masses (“bread and circuses”) in part because he knew there was no remedy for the pathology in sight — and thus only a slow decline toward fiscal insolvency or riots were on the horizon. Any Roman emperor bold enough to rein in the Praetorian Guard, charge the mob for grain, and curb gladiatorial shows would earn a usurper marching on Rome from the provinces. So most did not.
    When Ronald Reagan sought to end the so-called misery index, he knew that higher interest rates, tax cuts, and efforts to prune entitlements would in the short term lead to higher unemployment, more deficits, slower growth — and growing unpopularity. His recovery came just in time for the 1984 election; just a year earlier Reagan had been demonized as a heartless bastard who had strangled the economy for the benefit of the rich.
    We are currently mired in the slowest recovery from any recession in [....]
Part 3 to follow....



The Sunday 'Report;' 08/25/2012 [Part #1]

What The National Pamphleteers Don't Report:
Political Cartoons by Jerry Holbert
by Jerry Holbert, August 24, 2012
[As always, this is no endorsement of any investment]
3 Reasons To Buy This $7 Stock With A 10.5% Yield

by 'Hawkinvest,'
August 20, 2012

    Investors have been focusing on dividend stocks for at least a couple of years now. The Federal Reserve has pushed interest rates down to record lows, and that has led to a boom in large-cap stocks. For example, General Electric Company (GE) has long been considered a blue-chip stock and it is known for having a long history of paying dividends. This has put it at the top of the list for many investors and that has taken the stock up from a 52-week low of $14.02, to its current $21 per share. Because of the higher stock price, the shares now only yield about 3.2%. While that is decent, it is far from exciting and it could lead to diminished returns, going forward. That is why it could pay for investors to look at lesser known, but still solid [....]

47% Fear Health Care Law More Than Ryan’s Medicare Reform Plan
50% Now View Paul Ryan Favorably; 43% Say He Was Right Choice
Better Qualified To Serve As President? 42% Say Ryan, 40% Biden
45% Say Medicare is a Good Deal for Working Americans
52% Call for Repeal of Health Care Law
by Scott Rasmussen,
August 22, 2012
    Democrats hope to make inroads in the senior vote by raising concerns about Mitt Romney running mate Paul Ryan’s Medicare reform proposal, but most seniors are more fearful of  [....]

Domestic Terrorism: A Persistent Threat in the United States
by Scott Stewart,
August 23, 2012

    A string of incidents over the past month has served as a reminder that despite the intense, decadelong focus on the jihadist threat, domestic terrorism is still an issue in the United States. On Aug. 5, Wade Page opened fire on the congregation of a Sikh temple in Oak Creek, Wis., killing six and wounding three others. Though Page killed himself and did not leave any evidence explicitly listing his motives for the attack, his long association with the white supremacist movement was clearly a factor in his target choice.
    On Aug. 15, Floyd Corkins [....]

Mexico's Strategy

by George Friedman,
August 21, 2012

    A few years ago, I wrote about Mexico possibly becoming a failed state because of the effect of the cartels on the country. Mexico may have come close to that, but it stabilized itself and took a different course instead -- one of impressive economic growth in the face of instability.
Mexican Economics
Discussion of national strategy normally begins with the question of national security. But a discussion of Mexico's strategy must begin with economics. This is because Mexico's neighbor is the United States, whose military power in North America denies Mexico military options that other nations might have. But proximity to the United States does not deny Mexico economic options. Indeed, while the United States overwhelms Mexico from a [....]

Bringing Medicaid into the Debate
by The Heritage Foundation,
August 21, 2012
    Medicare is an emotionally charged program because it provides health insurance coverage for the elderly. But Medicaid covers America's poor and disabled—and no one wants to see them harmed, either. However, like Medicare, Medicaid is also in desperate need of reform if it is to continue serving the people it was designed to serve. Nearly one-third of America's doctors are already opting out of treating Medicaid patients—because their costs often outweigh what the program pays for care.
    States—which already have budget crises of their own—share the cost of Medicaid with the federal government. They can't afford to simply add more people to Medicaid, which is one of Obamacare's main ways to insure more people. (The Supreme Court's Obamacare decision gave states some breathing room when it ruled that Obamacare's Medicaid expansion must be optional for states.) The program already covers 62.5 million people—about 20 percent of America's population—and federal spending on Medicaid has no limit. That's right—there are no limits on federal spending for Medicaid. But there are limits on American taxpayers' wallets.
    Simply adding people to Medicaid should not be the goal. Instead, like other welfare reforms, the goal should be helping people while they're down—and helping them get back up. For those who are [....]

Obama Edits Official State Department Documents to Tout Himself

from The Morning Bell,
August 17, 2012

    Inserting himself into the biographies of past presidents on the White House website apparently wasn't enough for President Obama. His State Department is now editing its descriptions of foreign countries into yet another taxpayer-subsidized campaign commercial for the Obama Administration.
The State Department has recently ended its long-running series of Background Notes, which were analytical, objective histories of other countries. In their place, new "Fact Sheets" now tout Obama's policies and actions toward each nation. No more historical context, no recounting of complex and long-standing issues in the country. Just cut [....]

Obama Outsourcing jobs – to China

by Bob Beauprez, 
August 21, 2012
    We appreciate all the attention to our post last week, Outsourcing Hypocrisy. Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama "saved-or-created" in the U.S. there were two jobs off shore.
    The examples of the Obama Administration "stimulating" jobs everywhere on the planet except here in America are endless. An astute reader reminded us of one of the most glaring examples – hiring Chinese companies and Chinese workers to build roads and bridges all across America. It's a story [....]

Obama’s Intimidation Tactics
Staff Report,
August 17, 2012    Barack Obama lives in an alternate reality. An example is his declaration to Entertainment Tonight this week,when he said without smirk or hesitation:“And I don’t think you or anybody who’s been watching the campaign would say that in any way we have tried to divide the country. We’ve always tried to bring the country together.”
Let’s put his words to a reality check.
In October 2010,Obama met with Eddie Sotelo of the Spanish radio giant,Univision. He spoke on a number of issues of importance to Hispanics and then added:“We’re gonna punish our enemies and we’re gonna reward our friends who stand with us on issues that are important to us.” This is,to any doubters,a direct quote. Google it! It’s not taken out of context;it’s not a slash-and-paste job;it’s not a hoax or urban legend…sadly. When Obama made these remarks,he was speaking directly to Hispanic voters about the course they should take together with him in the upcoming election.
Belligerent words and intimidation tactics started almost the day he took office.
Early in his first term,Obama put out a call to the youth of America and told them he needed their help. He needed them to be strong and loyal and “turn in” anybody who wasn’t shouting “yes we can” to a “fundamentally changed America.” The president’s team went all in on the initiative. A website was launched. Social media leaders were mobilized. Young and old people were “authorized” to listen in on conversations with family members,friends at coffeehouses,and strangers on the subway. And if anything “suspect” was overheard,these newly deputized enforcement officers were to send an email to and rest easy again knowing the White House would take appropriate action.
    In 1930s Germany,this role was carried out by [....]

Outrageous: Obama Eligibility Skeptics Censored

Staff Report,
August 17, 2012

    On Sunday,August 12th,OETA (Oklahoma’s public television channel) aired Senator Tom Coburn’s Town Hall meeting held August 7,2012,in the auditorium of Rogers State University in Claremore. Completely missing from the video were a series of exchanges between Sen. Coburn and TEA Party leaders there to refute,in person,misinformation they received in letters from the senator.  Miki Booth,originally from Hawai’i and founder of Route 66 Tea Party in Miami,OK;Jimmie Kreizenbeck,OKWest TEA Party organizer;and other TEA Party supporters arrived early and took their places in the front row of the auditorium to increase their chances of being called on. Their main goal was to ask the senator to look at the evidence of forgery and fraud compiled by Maricopa County Sheriff Joe Arpaio and his Cold Case Posse,led by Detective Mike Zullo,regarding Obama’s alleged birth record on the White website. Sheriff Arpaio believes a congressional investigation is warranted.  [In a one-hour press conference on March 1,2012,Sheriff Arpaio and Det. Zullo announced they found probable cause that both Obama’s birth certificate released to the public on April 27,2011 and his selective service application card were manufactured forgeries. This stunning revelation was mostly ignored by the media. Reporters attending the press conference attacked the messengers by questioning the Maricopa County officials’ motives and [....]

Seriously: Liberals Are Cheap with Charity
by John Ransom,
August 21, 2012    A new study produced by the Chronicle of Philanthropy shows that 14 out of the top 20 states in charitable giving are red, or Republican states, while 12 of the bottom 15 are blue, or Democrat states.
“The nation's sharp political divide can provide a clue to fundraisers,” writes the Chronicle. “The eight states that ranked highest in The Chronicle's analysis voted for John McCain in the last presidential contest while the seven lowest-ranking states supported Barack Obama.”  The study also found that the more religious states- which also happen to be more Republican- tend to give more than the less religious states.
But wait.
No, no, no: This can’t mean what we think it means. It can’t mean that liberals are just cheaper than conservatives, despite outward appearances.
    Let’s disregard what the data tells us, and go to that bastion of deconstructing EVERYTHING, white, liberal academia- with just a hint of Native American to satisfy a quota- so they can tell us what the study REALLY means.  So to make that point – in other words to make the point that [....]

Targeting Tribal Leaders: A New Militant Tactic in Sinai

by Ashley Lindsey,
August 16, 2012

    Militants killed Egyptian tribal leader Khalaf al-Menahy and his son Aug. 13 as the two were returning from a conference in east Sinai organized and attended by tribal leaders to denounce militancy, according to Sinai security forces. The senior al-Menahy was a prominent proponent of bolstering the Sinai Peninsula's representation in Egypt's parliament and of improving security in the region. He also was a prominent sheikh in the Sawarka tribe, said to be the largest in Sinai. Following his burial Aug. 13, the tribe vowed to seek vengeance.
    This is the first reported case of [....]

What Is the Pizza Tax and What Does It Have to Do with Obamacare?

by The Heritage Foundation,
undated    Papa John’s Pizza founder John Schnatter spurred new outrage over Obamacare when he said recently that the law will hike pizza prices. But his business isn’t the only one that will have to pass its new costs on to consumers—or cut back, which will mean even fewer jobs. At least 60 percent of firms are estimating Obamacare will raise their health care costs, according to a new study released Wednesday by Mercer, a human resources consulting firm. One-third of those expect a cost increase of 5 percent or more. The study reports:
The employers that will be hit hardest are those with large part-time populations—employers in retail and hospitality services. Nearly half of these employers (46%) expect PPACA will push up cost by at least 3% in 2014—and another third don’t yet know what the impact will be.
A full third of the businesses can’t even estimate Obamacare’s impact yet—because so many of the law’s rules have yet to be written by the Department of Health and Human Services (HHS). And a number of its main provisions don’t [....]
Government Will Take Almost Half Your Paycheck in 2013

by Patrick Tyrrell,
August 13, 2012

     How high is the marginal tax rate on each additional dollar the average American earns? In other words, if you got a raise of one dollar, how much of that dollar would be taxed away? These rates are already high, and they’re getting higher next year. A middle-class taxpayer’s income is subject to a 25 percent federal income tax. Then there is the federal Social Security and Medicare payroll tax of 13.3 percent in 2012—5.65 percent of that is removed from the employee’s paycheck, and the remaining 7.65 percent is paid by the employer. (In reality, the employee pays the entire 13.3 percent, because the employer’s portion of the tax does not affect the cost of labor: The employer would pay the employee 7.65 percent more if there were no employer’s portion of the payroll tax.)
    So the 25 percent federal income tax plus 13.3 Social Security and Medicare payroll taxes equals 38.3 percent going to federal taxes in 2012. And then there are state taxes. According to the Tax Foundation, the average state’s income tax rate for the middle-class taxpayer is 4.82 percent, which brings the total to 43.12 percent in federal and state taxes. And it’s going higher, thanks to the nearly $500 billion in tax increases for 2013 that some have called Taxmageddon. In January of next year, the federal income tax rate for middle-class taxpayers is scheduled to rise from 25 percent to 28 percent, and the payroll tax is scheduled to rise from 13.3 percent to 15.3 percent. This drives the marginal tax rate based on the aforementioned three taxes to 48.12 percent. Add in state and local property, corporate, excise, and other state and local taxes, and the percentage of each additional dollar that is taxed hovers around 50 percent.
    When half [....]
Parts 2 and 3 to follow....