Merry Christmas: This Tax Is For You, America!
by John Ransom,
December 1, 2012
Let’s cut right to the end of the story: Ordinary people have already tumbled off the precipice.
There will be no dramatic rescue at the height of the tension, with crashing, ominous music turning to a sunshine ditty, a government handout straining to reach you, to save you from tumbling over the lip of the cliff.
Instead the government is going to intentionally bump into you, making it look like an accident, head turned away, mumbling an apology, much like a pick-pocket does in a crowd, with the object to lift your wallet.
So, yes; however much they deny it, your tax bill is going to go up. Dramatically.
And Obama revealed as much when his muppet, Treasury Secretary Tim Geithner, presented one of the White House’s patented, joke-shop budgets to members of the loyal opposition.
The GOP says [....]
You Know You're A Communist, When....
December 1, 2012
Here’s a simple question:At what point do you know you’re a communist?
As a strongly principled Conservative/Libertarian,I feel like I could easily recognize other strongly principled Conservatives and Libertarians because their views fall similar to mine.
Using this logic,shouldn’t one communist be able to identify another communist? Better yet,wouldn’t someone who lived through Communism be able to identify a communist leader?
I think the answer is yes,and there is some frightening (only if you haven’t realized it yet) proof.
Redistributing Wealth From The West To The Rest
by Marita Noon,
December 2, 2012
COP 18 started this week in Doha, Qatar, where climate campaigners will, again, try to get governments to commit to a $100-billion-per-year “Climate Fund” to redistribute wealth from the West to the rest—though $100 billion is already being considered “inadequate.” The Climate Fund “is designed to transfer wealth from the developed world to the developing world to fund mitigation and adaptation to climate change.”
COP 18 is the latest in high-level, international meetings designed to continue progress on a comprehensive agreement to address global climate change. (COP stands for Conference of the Parties to the UN Framework Convention on Climate Change.)
Considering that alarmists believe that carbon emissions from coal and oil-based energy is the primary driver of climate change—rather than natural causes, it is ironic that COP 18 is being held in Doha, in the heart of the OPEC region. Reports claim that Qatar has some of the “highest emissions per capita” and has barely been involved in climate negotiations. Some have even said: “having one of the OPEC leaders in charge of climate talks is like asking Dracula to look after a blood bank.”
Even most of the 17,000 [....]
If Obama wants to act in secret and in haste, Republicans should call him on it.
by John Fund,
December 3, 2012
Republicans had better wake up and realize that their negotiations with the White House aren’t so much about how to avoid the looming “fiscal cliff” as they are about President Obama’s attempt to cement his historical legacy as a great liberal hero by forcing them to repudiate their anti-tax pledges.
On Thursday, Treasury Secretary Tim Geithner presented the White House’s position on averting the fiscal cliff. It called for $1.6 trillion in higher taxes, a one-year postponement of spending cuts on defense and domestic programs, a brand-new stimulus program totaling $50 billion, and unspecified savings of $400 billion in Medicare and other entitlement programs. Social Security is off the table. Five major tax hikes already set to kick [....]
Exposing Washington's Dishonest Budget Math
by Daniel J. Mitchell,
December 6, 2012
I’ve repeatedly tried to expose pervasive fiscal dishonesty in Washington.
In these John Stossel and Judge Napolitano interviews, for instance, I explain that the crooks in DC have created a system that allows them to claim they’re cutting the budget when the burden of government spending actually is rising.
This sleazy system is designed in part to deceive the American people, and the current squabbling over the fiscal cliff is a good example. The President claims he has a “balanced approach” that involves budget cuts, but look at the second chart at this link and you will see that he’s really proposing bigger government.
This dishonest approach [....]
Oklahoma Versus Obamacare
Will a Sooner State suit strike down the law’s key provision?
by Jillian Kay Melchior,
December 5, 2012
The first legal challenges to Obamacare rested on constitutional principles, but a new effort out of Oklahoma goes after the cogs that make the law function. State attorney general Scott Pruitt is trying to block the Internal Revenue Service from imposing fees on employers and individuals who don’t comply with the law’s mandates. In doing so, he may create a way for other states to fight back against the federal government’s top-down management of health care. If the suit succeeds, the law will not be invalidated, but if enough states choose to opt out, the resulting lack of funds could make Obamacare’s financial structure untenable.“This is a very important case,” Pruitt tells National Review Online. “This is a challenge to the implementation of the Affordable Care Act (ACA), and it matters.”
Yesterday the federal government filed a motion to dismiss Pruitt’s case, challenging Oklahoma’s standing and also citing the Anti-Injunction Act, which prevents people from suing to avoid paying their taxes. The next step [....]
GOP To Sacrifice Buffett And The Billionaires
by Wayne Root,
Personal Liberty Digest
December 6, 2012
Saving this economy is all about cutting spending dramatically. We don’t have a tax problem in America; we have a spending and entitlements problem. If I were in the GOP Congressional leadership, I’d never vote for a tax increase on anyone. Let Barack Obama pass a tax increase that sends the economy off the cliff by himself, then he can take the full blame.
But since John Boehner is the worst negotiator on Earth and is a weak-willed coward who has already showed his hand and offered Obama $800 billion in tax increases (the exact number Obama wanted in the first place), then I have a suggestion for the GOP.
Since Obama’s pet billionaires like Warren Buffett are so quick to sell out the upper middle class, two can play at that game.
Boehner obviously is frightened to death that Obama has GOP Congressmen between a rock and a hard place. He sees only two choices: Go along with Obama and raise taxes or be painted as “the party of the rich.” So since the weak-willed GOP is dead set on compromise (a terrible mistake unless it gets massive spending cuts in return — which it will never get from Obama), here’s a compromise that turns the tables on Obama.
I say it’s time to sacrifice the billionaires to [....]
It's Time To Turn The Tables On This Presidential Bully
by David Limbaugh,
December 6, 2012
Something is very wrong in the world when the most dogmatic and inflexible president in recent memory can make unreasonable demands of his GOP budget opponents and yet be confident they'll be blamed for the impasse.
It is past time Barack Obama be held accountable for his intentionally irresponsible fiscal policies that are guaranteed to take us into national bankruptcy. It is outrageous enough that he is steering us into insolvency, but it is unbearable that he's fraudulently blaming the Republican Party for it to boot.
This is not a close call, and reasonable people, if they understood the facts, would not support Obama. The problem is that so many people who trust him, inexplicably, look no further than his disingenuous statements and the liberal media's slanted reporting, and the Republican Party leadership simply cannot seem to get its message across. It would help if they evidenced more faith in the wisdom of their own approach.
This isn't complicated. Our financial problems are overwhelmingly a result of excess spending, not of insufficient tax revenues. Increasing rates or decreasing deductions won't make a speck of difference, and Obama knows it.
Our $16 trillion national debt and our $100 trillion of unfunded liabilities are going to destroy this nation in relatively short order if we don't take drastic remedial action.
Yet Obama's plan is to increase taxes on the highest 2 percent of income earners while refusing to make significant reductions in discretionary spending or to restructure entitlements. His life's ambition is to fundamentally transform the nation, which depends on keeping the federal spigot spewing and punishing the "wealthy."
You could say it is crazy talk to suggest Obama doesn't want to bring our fiscal house in order, but I say, based on the evidence, it's much crazier to pretend he has any intention of balancing the budget.
To keep his shell [....]
obama Arms The Enemy AGAIN
December 8, 2012
In a rare moment of journalism,the New York Times reported that the Obama Administration secretly encouraged Arab countries to ship arms to rebel forces in Libya during the rebellion to oust longtime dictator Muammar Qaddafi. The arms were provided to the rebels and Islamic extremists with links to al Qaeda in a Muslim Brotherhood-sponsored insurrection to turn the oil-rich African nation into an Islamic republic.
The flow of weapons and supplies from al Qatar and the United Arab Emirates (with the help of [....]
Murder, The Chicago Way
by John Ransom,
December 10, 2012
In 2004, a nephew of Chicago’s then-mayor Richie Daley got into an altercation off of Rush Street, the Windy City’s alcohol-fueled playground for revelers and romancers. Taunts were thrown, obscenities exchanged, and in an instant, a kid from the suburbs, David Koschman, who was just 21 years old at the time, fell backwards, his head making an audible thump as it contacted the street.
Editor's note: This column orginally ran December 6th, 2012.
A friend says that he was unconscious before he hit the ground
According to witnesses R. J. Vanecko, a current Daley nephew and a former college lineman who weighed in a 230 pounds and stands 6-feet-3, either punched or shoved Koschman, who was 5-feet-5, 125 pounds, outside a bar [....]
Time To Stop The Debt Charade
by Star Parker,
December 10, 2012
The crisis du jour in Washington now dominating the news, the so-called “fiscal cliff”, is but the latest in seemingly endless political crises that we shouldn’t be having.
We get two different kinds of problems in life. The real ones – the struggle to work and improve the quality of our lives – and the ones we bring on ourselves through poor behavior.
The more time we must deal with the latter type, the less time and energy we have to deal with life’s real problems and challenges.
The political crises which emanate from Washington are invariably problems of the type that result from poor behavior. And this latest, the “fiscal cliff”, is no exception.
Let’s recall that the automatic tax hikes and spending cuts that are scheduled to occur January – [....]
Stop Meeting With U.N. On Climate Change
by Amy Payne,
December 10, 2012
Two days ago, the 18th United Nations conference on climate change wrapped up. As they did at the previous 17 conferences, developing nations demanded that the United States and other developed countries pay them for the climate’s effects.
In short, the joke’s on us. And these U.N. conferences are becoming increasingly irrelevant.
Poor nations, including small islands, are seeking a new “international mechanism” to have developed nations pay for storm damage to their countries. This is based on the assumption that global warming is causing stronger hurricanes, typhoons, and the like, which is still unproven.
Heritage’s Brett D. Schaefer, Jay Kingham Fellow in International Regulatory Affairs, and Nicolas Loris, the Herbert and Joyce Morgan Fellow, have a simple message for America’s leaders: “the U.S. is wasting millions of taxpayer dollars attending and financing these conferences.”
The main result of this year’s conference was extending the Kyoto Protocol, the international climate change agreement that has been in force since 1997, through 2020. The United States has never signed on to this agreement, which restricted greenhouse gas emissions in 37 industrialized countries.
But the Kyoto agreement has never put restrictions on China and India—two densely populated countries with growing economies—and other nations with emerging economies. Schaefer and Loris note that “even with perfect compliance and U.S. participation, Kyoto would not significantly arrest projected global warming.”
Canada, Japan, New Zealand, and Russia opted out of the new extension last week. The Associated Press reports that this means the treaty [....]
What's At Stake With The Fiscal Cliff
December 10, 2012
I was astounded recently to hear someone say they believe the talk of a “fiscal cliff” is artificial and not a legitimate threat. There is an artificial component to it in that government created it,but the threat is legitimate,and not only will it impact everyone of us in one way or another,even if an agreement is reached in Washington,but the cumulative economic impact could be significant.
There are several components to the so-called “fiscal cliff,” some of which are less widely known than others. Most people are aware that the present six income brackets taxed at rates of 10 percent,15 percent,25 percent,28 percent,33 percent and 35 percent will expire,and revert to the pre-Bush era five income brackets taxed at rates of 15 percent,28 percent,31 percent,36 percent and 39.6 percent. Without some reconciliation in Congress,everyone,even those at poverty level,will see their taxes increase. [....]
The Problem Of Government Dependency
by Daniel J. Mitchell,
December 11, 2012
I’ve written and pontificated about the problem of government-created dependency and how the welfare state traps people in poverty.
I also shared this dramatic chart showing how redistribution programs create shockingly high implicit marginal tax rates for those with modest incomes.
But when a liberal writer for the New York Times basically comes to the same conclusion, that’s a sign that there may finally be some consensus about the need for reform.
Here’s some of what Nicholas Kristof wrote, beginning with an acknowledgement of the welfare state’s perverse incentives.
This is what poverty sometimes looks like in America: parents here in Appalachian hill country pulling their children out of literacy classes. Moms and dads fear that if kids learn [....]
The Israeli Periphery
by Reva Bhalla,
December 11, 2012
The state of Israel has a basic, inescapable geopolitical dilemma: Its national security requirements outstrip its military capabilities, making it dependent on an outside power. Not only must that power have significant military capabilities but it also must have enough common ground with Israel to align its foreign policy toward the Arab world with that of Israel's. These are rather heavy requirements for such a small nation.
Security, in the Israeli sense, is thus often characterized in terms of survival. And for Israel to survive, it needs just the right blend of geopolitical circumstance, complex diplomatic arrangements and military preparedness to respond to potential threats nearby. Over the past 33 years, a sense of complacency settled over Israel and gave rise to various theories that it could finally overcome its dependency on outside powers. But a familiar sense of unease crept back into the Israeli psyche before any of those arguments could take root. A survey of the Israeli periphery in Egypt, Syria and Jordan explains why.
Maintaining the Sinai Buffer
To Israel's southwest lies the Sinai Desert. This land is economically useless; only hardened Bedouins who sparsely populate the desert expanse consider the terrain suitable for living. This makes the Sinai an ideal [....]
The Israeli Periphery | Stratfor
Part 2, MAY follow....