Keyword: gault

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  • Half Your Paycheck To The Government In 2013

    11/21/2012 5:48:15 AM PST · by TurboZamboni · 40 replies
    fox ^ | 11-21-12 | gerri willis
    Come January 1, you're probably not going to be happy with the amount of taxes you're paying. That's because it's not just Federal taxes that you pay. A middle class taxpayer pays 25% percent of their income in Federal Income Tax. Sounds, ok? Then there is the Federal Social Security and Medicare payroll tax of 13.3%. You pick up 5.65% while you're employer pays 7.65%. Add them up and that's 38.3% of middle class family incomes going to Uncle Sam. But we aren't done, not by a long shot. According to the Tax Foundation, the average state's income tax rate...
  • That 1937 feeling all over again

    08/07/2011 4:51:11 PM PDT · by mlocher · 35 replies
    Reuters via Fidelity.com ^ | August 7, 2011 | Emily Kaiser
    SINGAPORE (Reuters) - Federal Reserve Chairman Ben Bernanke, an expert on the Great Depression, once promised that the central bank would never repeat its 1937 mistake of rushing to tighten monetary policy too soon and prolonging an economic slump. He has been true to his word, keeping interest rates near zero since late 2008 and more than tripling the size of the Fed's balance sheet to $2.85 trillion. But cutbacks in government spending may end up having a similarly chilling effect on the economy, and there is little Bernanke can do to counter that. Back in 1937, the U.S. economy...
  • My Own Gaultian Plan

    11/07/2009 10:13:46 PM PST · by Colvin · 65 replies · 1,910+ views
    Me | 11-8-09 | Colvin
    Health Care has passed the house, putting the icing on the cake of Tarp Bailouts and Czars. I have decided to pull in my oars, and will no longer pull. 1. I am buying my food as locally and from small farmers. This keeps $$$ away from large agri-business who fund congressional champains. 2. I moved my money to a small local bank. They are not funding projects out of state, and are as furious as I am about what congress has done lately. 3. I have pushed my 401K up to 12.5 percent, and should have it at 20%...
  • When will Atlas shrug?

    03/15/2009 7:12:05 PM PDT · by george76 · 115 replies · 6,212+ views
    Denver Post ^ | 03/15/2009 | John Andrews
    What is the breaking point? Where will the resistance form? Heavy questions, but unavoidable in the current political climate. The productive members of society can only be pushed so far, some say. What they envision is not defiance of law or a reversal of the election. It is people's growing disengagement from a new economic order that punishes effort and rewards envy — the creepy future that Bill Ritter and Barack Obama intend for us. Columnist Michelle Malkin calls that withdrawal "going Galt." Malkin was the first speaker last weekend when several hundred Coloradans gathered for a free-market leadership conference...
  • Geithner Tells CNBC: "We Need to Be Exceptionally Careful That We Protect Taxpayers." (LOL Alert)

    02/10/2009 9:20:54 AM PST · by Red in Blue PA · 30 replies · 1,376+ views
    CNBC ^ | 2/10/2009 | CNBC
    Treasury Secretary Geithner Tells CNBC: "We Need to Be Exceptionally Careful That We Protect Taxpayers." Banner only
  • Texas Archaeological Dig Challenges Assumptions About First Americans

    07/03/2008 4:12:23 PM PDT · by blam · 15 replies · 985+ views
    Scientific American ^ | 7-3-2008 | Elizabeth Lunday
    Texas Archaeological Dig Challenges Assumptions about First Americans Ancient stone artifacts reveal the day-to-day lives of Clovis people while offering tantalizing clues of an even earlier culture By Elizabeth Lunday Excavations at the Gault site in central Texas. FLORENCE, TEX.—"Look at that—isn't it gorgeous?" Sandy Peck asks as she rinses dirt from a flaked stone about the length and width of a pinky finger. Peck runs a hose over soil on a fine-mesh screen, prodding at stubborn clods of clay with a muddy glove. "Look, there's another one." Peck, sorting soil that had been disturbed by a recent thunderstorm, is...
  • House Intel Chair Suspends Staff Member

    10/19/2006 7:35:29 PM PDT · by Jewels1091 · 258 replies · 9,773+ views
    AP ^ | By KATHERINE SHRADER
    WASHINGTON -- House Intelligence Chairman Peter Hoekstra has suspended a Democratic staff member because of concerns he may have leaked a high-level intelligence assessment to The New York Times last month. In a letter obtained by The Associated Press Thursday night, Rep. Ray LaHood, R-Ill., a committee member, said that an unidentified staffer requested the document from National Intelligence Director John Negroponte three days before the Sept. 23 story about its conclusions