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Keyword: spreadthewealth

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  • Harry Reid Moves Forward With "Shared Sacrifice" Legislation (Communism in Congress)

    07/06/2011 6:27:14 AM PDT · by broken_arrow1 · 34 replies · 2+ views
    Real Clear Politics ^ | July 5, 2011 | Real Clear Politics
    Senate Majority Leader Harry Reid (D-NV) files a cloture motion on Senate bill 1323, a "Sense of the Senate" bill on "Shared Sacrifice." Here are the details of this resolution: SECTION 1. SENSE OF THE SENATE ON SHARED SACRIFICE. (a) Findings- Congress makes the following findings: (1) The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year. (2) Over the past 10 years, the median family income has declined by more than $2,500. (3) Twenty percent of all income earned in the United States is earned by...
  • Pelosi's wealth grows by 62 percent

    06/15/2011 3:07:01 PM PDT · by evad · 41 replies
    The Hill ^ | 6/15/11 | Kevin Bogardus
    House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress. Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities.
  • Guess who it is who wants your wealth redistributed?

    06/04/2011 2:18:48 AM PDT · by applpie · 47 replies · 1+ views
    Gallup ^ | June 2, 2011 | Lydia Saad
    "Americans break into two roughly evenly matched camps on the question of whether the government should enact heavy taxes on the rich to redistribute wealth in the U.S. Forty-seven percent believe the government should redistribute wealth in this way, while 49% disagree, similar to views Gallup found four years ago."
  • A 62% Top Tax Rate?

    05/29/2011 8:42:50 AM PDT · by Nachum · 14 replies · 1+ views
    WSJ ^ | 5/29/11
    Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they're proposing rates like those under President Carter. Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal revenues. This would come on top of the higher income tax rates that President Obama has already proposed through the cancellation of the Bush era tax-rate reductions. If the Democrats' millionaire surtax were to happen—and were added to other tax increases already enacted last year and other leading tax hike ideas...
  • A 62% Top Tax Rate?

    05/26/2011 12:38:26 PM PDT · by Kaslin · 30 replies
    WSJ ^ | May 26, 2011 | Stephen Moore
    Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they're proposing rates like those under President Carter.Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal revenues. This would come on top of the higher income tax rates that President Obama has already proposed through the cancellation of the Bush era tax-rate reductions. If the Democrats' millionaire surtax were to happen—and were added to other tax increases already enacted last year and other leading tax hike ideas on...
  • Steve Lerner’s plan (let the spin begin!)

    03/23/2011 7:46:22 AM PDT · by marstegreg · 26 replies
    Washington post ^ | March 23 2011 | Ezra Klein
    Let’s start at the beginning: Who is Steve Lerner? Steve Lerner is a union organizer best known as the architect of the remarkable Justice for Janitors campaign. He’s considered one of the smartest organizers, if not the smartest organizer, working in the labor movement right now. A month or two ago, when I began asking around for forward-looking labor thinkers who could give me some ideas for where labor should go after Wisconsin, his was the first name I was given — even though he’s no longer actually employed by his union. There was a good reason for that. At...
  • CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Crash Stock Market

    03/22/2011 12:38:29 PM PDT · by Ballygrl · 78 replies
    Business Insider ^ | 3/22/11 | Henry Blodget
    CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, has a secret plan to "destabilize" the country. The plan is designed to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend. The Blaze procured what appears to be...
  • Revealed The Left’s Economic Terrorism Playbook

    Revealed The Left’s Economic Terrorism Playbook: The Chase Campaign for a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power
  • The manifesto of a socialist liberal (grab a barf bag)

    03/11/2011 11:09:58 AM PST · by mainestategop · 15 replies
    youtube ^ | socialistliberal
    Came across this while on youtube yesterday. HILLARIOUS! Shows the mindset of Democrats. Here is the about page of a typical Obama supporter in Bolshevik redTo all conservatives suffering from me-ism. The price of living in great societies like America is "progressive" taxation. You "individuals" all enjoy the services made possible by a collective society such as the Internet you are enjoying now. The leaders of these said societies are elected to disperse the revenues gained through taxation for the well-being of the "society" not the "individual". It's called "socialism" and without it, there can be no society. Without a...
  • Van Jones And The American Dream

    03/07/2011 5:42:35 AM PST · by IbJensen · 4 replies
    Personal Liberty ^ | March 3, 2011 | Robert Ringer
    As I watch events unfolding in Wisconsin, Indiana, Ohio, et al, I wonder how many Americans realize that government employees are demanding rights that exist only in their progressive minds. They have been led to believe that their desires are rights, and that includes the right to have the government take someone elseÂ’s property and give it to them simply because they want it. In Wisconsin, the protesters keep insisting that Governor Scott Walker is trying to destroy their "collective bargaining rights." I give Walker an A thus far for his courageous stand on this issue. But I stop short...
  • Howard Dean says it is the government's job to redistribute wealth

    02/08/2011 5:57:28 AM PST · by FredJake · 24 replies · 1+ views ^ | 2/7/2011 | Joe Newby
    Remember way back in 2008 when then-candidate Barack Obama told Joe Wurzelbacher (aka "Joe the Plumber") about his desire to "spread the wealth"? “It’s not that I want to punish your success,” he told Wurzelbacher. “I just want to make sure that everybody who is behind you, that they’ve got a chance for success too. My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody … I think when you spread the wealth around, it’s good for everybody.” Since then, the idea of redistribution of wealth has become a subject...
  • Obama: Corporate Profits "Have To Be Shared By American Workers" (video)

    02/07/2011 9:18:42 AM PST · by i88schwartz · 89 replies
    RealClearPolitics ^ | February 7, 2011 | RealClearPolitics
    "If we're fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line," President Obama told the Chamber of Commerce on Monday morning.
  • PBS Glorifies Cuban Health Care System

    12/30/2010 8:43:05 AM PST · by opentalk · 21 replies · 12+ views
    Big Journalism ^ | December 29, 2010 | Jim Hoft
    Your taxpayer dollars at work promoting Cuba’s failed socialist system … PBS recently aired a report on Cuba’s outstanding health care system. This was simply unbelievable. Out state-run media is no longer just liberal – It’s communist: videoThey forgot to mention that Cuban President Raul Castro just warned his fellow Cubansthat they are running out of time and if they don´t change now, their will be an economic collapse.
  • GM IPO is Wealth Redistribution Scheme

    11/09/2010 3:21:22 PM PST · by jazusamo · 13 replies · 2+ views
    National Legal & Policy Center ^ | November 9, 2010 | Mark Modica
      The term "wealth redistribution" has been used by political pundits on the right who accuse Democrats of having a misguided agenda wherein the wealthiest Americans will be able to subsidize a government spending spree in order to redistribute wealth to the less affluent populace. General Motors, through its reorganization plan, has contrived its own version of wealth redistribution. This action was orchestrated by the Obama Administration as it took control of the GM bankruptcy process. Old GM shareholders and bondholders, along with taxpayers, lose out as new wealth is created for bankruptcy attorneys and advisers, investment banks and...
  • Renewable energy money still going abroad, despite criticism from Congress

    10/21/2010 7:17:44 AM PDT · by Mikey_1962 · 11 replies
    AU ^ | 2-9-10 | Russ Choma
    Money from the 2009 stimulus bill to help support the renewable energy industry continues to flow overseas, despite Congressional criticism and calls for change, according to a new analysis of the program by the Investigative Reporting Workshop. The Workshop was the first to report last October that more than 80 percent of the first $1 billion in grants to wind energy companies went to foreign firms. Since then, the administration has stopped making announcements of new grants to wind, solar and geothermal companies, but has handed out another $1 billion, bringing the total given out to $2.1 billion and the...
  • Pelosi: Need To Address "Fairness" Of "Ownership and Equity" In America (video)

    10/18/2010 3:35:17 PM PDT · by i88schwartz · 53 replies · 1+ views
    RealClearPolitics ^ | October 18, 2010 | RealClearPolitics
    "We're talking about addressing the disparity of income where the wealthy people continue to get wealthier and some other people are falling out of the middle class when we want to bring many more people into the middle class. But that disparity is not just about wages alone, that disparity is about ownership and equity. It's all about fairness in our country," House Speaker Nancy Pelosi said to the United Steelworkers on Monday.
  • New Lame Duck Threat to Bailout Union Pensions (401k threat)

    10/13/2010 1:38:09 PM PDT · by roses of sharon · 47 replies · 3+ views
    Human Events ^ | 10/8/10
    Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone. Sen. Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci. In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a "fair" pension to everyone using that confiscated money coupled with the mandated contributions. ***...
  • Obama Again Omits ‘Creator’ When Speaking of ‘Inalienable Rights’

    09/28/2010 10:31:59 AM PDT · by opentalk · 66 replies
    CNSnews ^ | September 27, 2010 | Terence P. Jeffrey
    Just seven days after he sparked controversy by omitting the word “Creator” when he closely paraphrased the passage from the Declaration of Independence that says all men “are endowed by their Creator with certain inalienable rights,” President Barack Obama again omitted the Creator when speaking about the “inalienable rights” that “everybody is endowed with.”This time the president was speaking at a Sept. 22 fundraiser for the Democratic Congressional Campaign Committee (DCCC) and the Democratic Senatorial Campaign Committee (DSCC) at the Roosevelt Hotel in New York City, and his reference to “inalienable rights” was not as close a paraphrasing of the...
  • Mad money: Why the rich are angry, and why you should worry about it

    09/27/2010 7:52:55 AM PDT · by SeekAndFind · 25 replies
    New York Daily News ^ | 09/27/2010 | Ira Stoll
    The other day, in response to a hedge fund manager who asked him when he would stop whacking Wall Street like a pińata, President Obama said, "If you are making $1 billion a year after a very bad financial crisis where 8 million people lost their jobs and small businesses can't get loans, then I think that you shouldn't be feeling put upon." The same day, the New York Times published a column by Nobel laureate economist Paul Krugman under the headline "The Angry Rich and Taxes," referring to what Krugman called "belligerent sense of entitlement" among "high-income Americans, the...
  • White House Attacks, Publisher Counters

    09/25/2010 9:20:27 AM PDT · by opentalk · 25 replies
    Human Events ^ | September 24, 2010 | Human Events
    "What are they so afraid of?” Buffeted by a series of attacks by White House spokesmen and left-leaning media, conservative publisher Regnery (sister company to has decided to come out swinging. Long slated for an October release, Regnery moved up the release date for bestselling author Dinesh D’Souza’s controversial new book, The Roots of Obama’s Rage, to this coming Monday, September 27. The new date will be just in time to respond to the front-page hit piece rumored to be coming in (where else?) the New York Times this weekend. The White House has been “generous” with its attention...
  • Obama's Vendetta Against the Wealthy

    09/22/2010 10:05:02 AM PDT · by Kaslin · 21 replies ^ | September 22, 2010 | Donald Lambro
    WASHINGTON -- President Obama has a real problem with wealth and people who have it -- something this anemic, investment-starved economy needs more of, not less. He also has trouble understanding growth economics and the recent economic history concerning tax rates, budget deficits and tax revenues, often citing statistics and outcomes that are just plain wrong. He demonstrated his ignorance anew Monday during a one-hour town hall-style gathering where he took questions from CNBC analyst John Harwood and a studio audience that expressed deep disappointment and skepticism about his handling of the economy. On the whole, it was a disappointing...
  • Obama Endorses Global Taxes on Eve of U.N. Summit

    09/17/2010 7:00:06 AM PDT · by unspun · 146 replies · 1+ views
    Gulag Bound ^ | September 17, 2010 | Cliff Kincaid
    In a classic case of misdirection, while the media are preoccupied with the fate of the Bush tax cuts, President Obama is preparing to attend a United Nations summit next week to endorse “innovative finance mechanisms”—global taxes—to drain even more wealth out of the U.S. economy. A draft “outcome document” produced in advance of the September 20-22 U.N. Summit on the Millennium Development Goals (MDGs) commits the nations of the world to supporting “innovative financing mechanisms” to supplement foreign aid spending. The term “innovative financing mechanisms” is a U.N. euphemism for global taxes. But the document actually goes further, praising...
  • Expiring tax cuts hit taxpayers at every level

    09/16/2010 2:15:12 PM PDT · by reaganaut1 · 12 replies · 1+ views
    Associated Press ^ | September 16, 2010 | STEPHEN OHLEMACHER
    Here's some pressure for lawmakers: If they don't reach agreement on extending soon-to-expire Bush-era tax cuts, nearly all their constituents back home will get big tax increases. A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011, according to a new analysis by Deloitte Tax LLP, a tax consulting firm. The same family making $100,000 a year would see its taxes rise by $4,500. Wealthier families face even bigger tax hikes. A family of four making $500,000 a year would pay $10,800 more in taxes. The same...
  • Pelosi sees no justification for high-end tax cuts

    09/16/2010 12:23:56 PM PDT · by Free ThinkerNY · 19 replies · 1+ views
    Reuters ^ | Sept. 16, 2010
    (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi said on Thursday there is "no justification" for extending tax cuts for the wealthiest Americans, saying the nation cannot afford the price tag. Democrats largely back President Barack Obama's plan to extend lower taxes for middle and lower income groups only, but a small minority favor renewing tax cuts for all Americans, including the wealthiest three percent. Republicans are insisting that high-income people be included in any tax-cut extensions. The lower tax rates date to the Republican administration of President George W. Bush.
  • Retirement Fund Trillions Lure Government Grabbers (Obama coming after your 401k and IRA after all)

    09/14/2010 5:42:35 AM PDT · by bestintxas · 186 replies · 4+ views
    american thinker ^ | 9/14/10 | Peter Raymond
    Is the government making plans to confiscate your retirement money? The Obama administration is certainly exploring the idea. This question no longer seems far-fetched when the group-thinkers in Washington unabashedly promote a doctrine of wealth redistribution and central planning. These Keynesian socialists know they will need vast new sources of revenues to fund their relentless spending binges to "transform" this nation. A logical next step would be to legitimize the confiscation of private retirement assets; an idea that was contemplated in the recent past by the Clinton administration. According to the Investment Company Institute, there was $7.835 trillion in IRA,...
  • Boehner to the rich: don’t blame me. If you like your money, stop funding the Democrats!

    09/13/2010 7:59:14 AM PDT · by Big Bureaucracy · 52 replies
    Big Bureaucracy ^ | September 13th, 2010 | Ellie Velinska
    Here comes the Boehner’s genius: rich democrats talk class warfare only because they believe the Republicans are there to protect their success. If the Republicans give up and let the radical left President run wild without a check – all those rich democrats will have to walk the walk to IRS, not only talk the talk. House Republicans Leader (and soon to be Speaker) John Boehner called President Obama’s bluff and stated he will vote for extending only part of the Bush tax-cuts if the Democrats have no will to give tax-cuts for the wealthy. That sent shock-waves through the...
  • 41 Obama White House aides owe the IRS $831,000 in back taxes -- and they're not alone

    09/10/2010 7:26:53 AM PDT · by Qbert · 140 replies · 2+ views
    LA Times ^ | 9/10/2010 | Andrew Malcom
    Over the years a lot of suspicion has built up across the country about Washington and its population of opportunistic transients coming to see themselves as a special kind of person, somehow above average working Americans who don't work down in that former swamp. Well, finally, an end to all those undocumented doubts. Thanks to some diligent digging by the Washington Post, those suspicions can at last be put to rest. They're correct. Accurate. Dead-on. Laser-guided. On target. Bingo-bango. As clear as it's always seemed to those Americans who don't feel special entitlements and do meet their government obligations. We...
  • Debate over: Obama rules out extending Bush tax cuts for richest taxpayers

    09/08/2010 9:11:14 AM PDT · by SeekAndFind · 51 replies
    Hotair ^ | 09/08/2010 | Allahpundit
    Message from The One to Peter Orszag: I won. President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Mr. ObamaÂ’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that...
  • Obama Won’t Extend Bush-Era Tax Cuts to Wealthy

    09/07/2010 5:24:53 PM PDT · by truthandlife · 84 replies
    NY Times ^ | 9/7/10 | Jackie Calmes
    President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Related Mr. Obama’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that the White House might be open to an...
  • Most Voters Believe Democrats in Congress Want to Raise Taxes, Increase Government Spending

    09/02/2010 8:54:55 AM PDT · by SmartInsight · 21 replies
    Rasmussen Reports ^ | Sept. 2, 2010 | Scott Rasmussen
    Heading into the final two months of the mid-term election campaign, most voters believe that Democrats in Congress want to raise taxes and spending while Republicans in Congress want to cut taxes and spending. At the same time, most voters believe that reducing taxes and spending would be good for the economy.
  • U.S. help for Mexicali quake victims

    08/27/2010 10:14:41 AM PDT · by South40 · 14 replies
    San Diego Union-Tribune ^ | August 26, 2010 | Sandra Dibble
    TIJUANA—Five months after their homes were damaged by a 7.2-magnitude earthquake, some Baja California residents can expect help from the U.S. federal government. The U.S. Agency for International Development this month donated $100,000 to purchase building materials for victims of the Mexicali earthquake that struck last Easter Sunday. Carlos Pascual, U.S. Ambassador to Mexico, said in a statement that the funds would be channeled through the Baja California government and earmarked for residents of communities near the quake’s epicenter in the Mexicali Valley that have suffered the greatest devastation.
  • Watchdog panel cites global impact of US bailout(take your Family money give it to the world)

    08/12/2010 9:54:35 AM PDT · by goldendays · 28 replies ^ | 08/11/10 | MARCY GORDON
    Watchdog panel cites global impact of US bailout WASHINGTON (AP) - The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the U.S., according to a new report from a congressional watchdog. Billions of dollars in U.S. rescue funds wound up in big banks in France, Germany and other nations.
  • NY Times: The Bush Tax Cuts and Fiscal Responsibility

    08/12/2010 9:04:56 AM PDT · by Oldeconomybuyer · 44 replies
    New York Times ^ | August 12, 2010 | Simon Johnson and James Kwak
    Critics say that this amounts to increasing taxes at a time of high unemployment, and that instead the tax cuts should be extended as a stimulus measure. This overlooks the fact that tax cuts are an inefficient form of stimulus, because many people choose to save their additional income instead of spending it. If the goal is to encourage growth and employment immediately, it would be better to let the tax cuts expire and dedicate some of the increased revenue to real stimulus programs. Alternatively, if some tax cuts are extended -- as it seems likely that at least those...
  • An August Surprise from Obama?

    08/05/2010 9:53:06 AM PDT · by Qbert · 250 replies · 2+ views
    Reuters ^ | 8/5/2010 | James Pethokoukis
    Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth. An estimated 15 million U.S. mortgages – one in five – are underwater with negative equity of some $800 billion. Recall that on Christmas Eve 2009, the Treasury Department waived a $400 billion limit on financial assistance to Fannie and Freddie, pledging unlimited help....
  • Gibbs Misleads Public on Obama’s Broken Tax Pledge (Trust Not in the One)

    07/29/2010 9:27:47 AM PDT · by Andrea19 · 2 replies
    ATR ^ | 7/27/10 | John Kartch
    White House spokesman Robert Gibbs seems to have forgotten that his boss has already broken his central campaign promise – a “firm pledge” that “no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.” Responding to a question during his daily press briefing today, Gibbs said, “The President believes raising taxes on the middle class during this economic time would not make a lot of economic sense.” But President Obama has already broken his “firm pledge” at...
  • White House Backs Bill to Collect Employee Pay Information from Businesses

    07/22/2010 3:25:46 AM PDT · by Man50D · 54 replies · 1+ views ^ | July 22, 2010 | Penny Starr
    The Obama administration is backing legislation that includes regulations requiring U.S. businesses to provide to the government data about employee pay as it relates to the sex, race and national origin of employees. In an orchestrated effort that included a statement by President Barack Obama and an event at the White House featuring Vice President Joe Biden, Attorney General Eric Holder and Labor Secretary Hilda Solis, the president and his cabinet endorsed the Paycheck Fairness Act. The House approved the act in 2009, but the Senate did not approve it. In the 111th Congress, both the House and the Senate...
  • Obama: It's All About the Perks

    07/21/2010 6:15:40 AM PDT · by Kaslin · 49 replies · 2+ views ^ | July 21, 2010 | Ben Shapiro
    Remember that guy you went to high school with? You know, the one with the rich parents. The one who drove a Porsche to school and wore the slickest clothing. The one with a pool in the backyard and the Xbox and the tennis court. You thought he was a jerk then. He's still a jerk now. Only now, he's president of the United States. His parents didn't buy him the SUV and the tickets to the concerts and the jet rides to New York. You did. As the rest of the country suffers through a real unemployment rate of...
  • The Bitter Fruit of Obamacare

    07/16/2010 6:55:58 AM PDT · by Kaslin · 24 replies · 4+ views ^ | July 16, 2010 | Floyd and Mary Beth Brown
    Click here to find out more! Get ready for your life to change. The so-called benefits of ObamaCare don't start until 2014, but the tax increases, misallocated resources and federal regulations start now. Speaker Nancy Pelosi famously said the night of ObamCare's passage, "We have to pass the bill so that you can find out what is in it ." The emerging picture is frightening. ObamaCare dramatically alters the already-overregulated health insurance market. The federal government will now manage your health care decisions. The law creates a maze of mandates, federal directives, price controls, tax increases and subsidies. We all...
  • The Psychology of Recession (Businesses Hold Back as they see Obama's Rhetoric of Redistribution)

    07/14/2010 8:22:19 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 07/14/2010 | Victor Davis Hanson
    Obama and his team speak the language of redistribution and entitlements — not the language of opportunity and prosperity. And Main Street is listening. I asked a businessman two weeks ago why he said that he was neither hiring nor buying new equipment. He started in on “rising taxes.” “But wait,” I interrupted. I pointed out that income-tax hikes haven’t taken effect. The old FICA income caps are also still applicable. Health-care surcharges haven’t hit us yet. He countered with “regulations” and “bailouts.” I said, “Come on, get specific.” He offered up “cap and trade” and “the Chrysler creditors.” I...
  • Coming soom from the Democrats: The worst tax increases of 2011

    07/14/2010 6:44:50 AM PDT · by justsaynomore · 20 replies
    Herman Cain web site ^ | July 11, 2010 | Herman Cain
    All tax increases are bad, but there are some that are just plain unfair and punitive for no logical reason. The marriage penalty, the small business penalty, the retirement penalty, and the death penalty are in that category.Everyone except the most clueless “mushrooms” of our society know that tax rates will return to 2000 levels if the Democrat-controlled Congress does nothing to stop them.And they have shown a real skill for doing nothing but legislative carnage to this country in the last 18 months. That carnage has included the publicly unpopular Health Care Deform bill, the House-passed Cap and Trade...
  • Tax Increases on the Horizon

    07/12/2010 8:05:02 AM PDT · by Kaslin · 15 replies · 1+ views ^ | July 12, 2010 | Jillian Bandes
    Democrats in Congress haven’t made any moves to extend the Bush tax cuts of 2006, so workers of all income levels can expect to see a 5% increase in their income taxes, and additional tax increases from a number of other areas. The taxes affected include the capital gains tax, the alternative minimum tax, education deductions, sales tax exemptions. They also include small tax increases, like a rollback in tax breaks for tuition expenses and donations of books to public schools. "If you believe the current consensus, we could potentially see the top income tax rate hiked back up to...
  • Ga. Republican zings Obama in hammer-and-sickle ad

    07/09/2010 10:06:12 AM PDT · by Nachum · 33 replies
    las vegas sun ^ | 7/9/10 | ap
    A conservative Georgia Republican congressional candidate is criticizing President Barack Obama in roadside billboards that use the communist hammer-and-sickle symbol. The three ads from candidate Jody Hice ask passers-by: "Had Enough Of Obama's Change?" The "C" in change is replaced by the hammer and sickle. The symbol was associated with iron-fisted 20th-century dictators. Hice said he considers some policies of the Democratic president socialist, including government bailouts for the auto industry and an overhaul of the health insurance system.
  • Pelosi, Feinstein, Boxer reveal their wealth

    06/17/2010 11:55:38 AM PDT · by NormsRevenge · 20 replies · 1,067+ views ^ | 6/17/10 | Lilianna Oustinovskaya
    Washington - -- California's three most powerful female politicians, House Speaker Nancy Pelosi and U.S. Sens. Dianne Feinstein and Barbara Boxer, are also among the wealthiest lawmakers in Washington, according to annual financial disclosure reports released Wednesday. Pelosi, D-San Francisco, reported income of $102,161 from book royalties in addition to her salary of $223,500 as speaker. She also has several joint accounts and properties with her husband, Paul Pelosi, a real estate investor and venture capitalist. The couple own a St. Helena vineyard, Zinfandel Lane, valued $5 million to $25 million, .. Paul Pelosi also has stock in several companies,...
  • A leftie kid gets a lesson in redistribution from Dad

    06/14/2010 9:45:28 AM PDT · by MichaelAsher54 · 11 replies · 1,067+ views
  • Hillary Clinton: Rich 'Not Paying Their Fair Share' in Taxes ("Brazil should be our example")

    05/28/2010 8:12:01 AM PDT · by SeekAndFind · 65 replies · 1,351+ views
    Fox News ^ | 05/28/2010
    The rich are not being taxed enough and the economy is suffering for it, Secretary of State Hillary Clinton said Thursday. The former first lady broached the subject during a national security discussion at the Brookings Institution. She lamented that the United States has lowered taxes on the wealthy and said nations around the world need to "increase their public revenue collections" to spur investment. "The rich are not paying their fair share in any nation that is facing the kind of employment issues (the United States is), whether it's individual, corporate, whatever the taxation forms are," she said. Clinton...
  • Lawmaker Introduces $165 Billion Union Pension Bailout Bill

    05/24/2010 11:36:59 AM PDT · by Painesright · 78 replies · 2,806+ views ^ | 05/24/2010 | Erik Berte
    Taxpayers could be on the hook for another $165 billion if a bill to bail out private union pension funds makes it through Congress. A Democratic senator is introducing legislation for a bailout of troubled union pension funds. If passed, the bill could put another $165 billion in liabilities on the shoulders of American taxpayers. The bill, which would put the Pension Benefit Guarantee Corporation behind struggling pensions for union workers, is being introduced by Senator Bob Casey, (D-Pa.), who says it will save jobs and help people. As FOX Business Network’s Gerri Willis reported Monday, these pensions are in...
  • Is Your IRA or 401K a Target of Government Appropriation? (YES!)

    05/22/2010 7:16:34 AM PDT · by Libloather · 66 replies · 2,614+ views
    Resource Investor ^ | 5/19/10 | Chris Blasi
    Is Your IRA or 401K a Target of Government Appropriation?Chris Blasi Published 5/19/2010 Will the laws and rules in place to protect individuals in their attempt to set something aside for retirement be safeguarded by the representatives elected to advocate for them in Washington? Will the principles and moral integrity of the political class keep them from appropriating the trillions of dollars held in 401k's and IRA's? I'm not so sure! While the answer is most likely yes, when one realizes the magnitude of the financial predicament the U.S. might well find itself in shortly, it is indeed, conceivable that...
  • Spanish paper: Obama driving off ‘green energy’ cliff

    05/21/2010 10:08:51 AM PDT · by opentalk · 5 replies · 551+ views
    Washington Examiner ^ | 05/21/10 | David Freddoso
    Chris Horner has been all over the story of Spain’s unimpressive experience with green energy. Spanish newspapers have finally called out the U.S. President for choosing a failed model for a “Green Economy.” From the other day: On eight separate occasions, President Barack Obama has referred to the “green economy” policies enacted by Spain as being the model for what he envisioned for America. Later came the revelation that Obama administration senior Energy Department official Cathy Zoi — someone with serious publicized conflict of interest issues — demanded an urgent U.S. response to the damaging report from the non-governmental Spanish...
  • Obama Risks a Domestic Military Intervention

    05/19/2010 11:22:07 AM PDT · by anniegetyourgun · 307 replies · 6,753+ views
    TPM ^ | 5/1/109 | John L. Perry
    There is a remote, although gaining, possibility America's military will intervene as a last resort to resolve the "Obama problem." Don't dismiss it as unrealistic. America isn't the Third World. If a military coup does occur here it will be civilized. That it has never happened doesn't mean it wont. Describing what may be afoot is not to advocate it. So, view the following through military eyes:
  • What Exactly Is 'Social Justice'? (It sort of sounds good, until you seriously think about it)

    05/16/2010 12:44:01 PM PDT · by SeekAndFind · 50 replies · 1,494+ views
    American Thinker ^ | 05/14/2010 | Jayme Sellards
    The term "social justice" is now commonly used by leftist activists, clergy, educators, judges, and politicians to describe the goal they seek to achieve with many of their policies. No precise definition of "social justice" is ever offered by the left. Instead, the term is always used in a vague way -- as if everyone already knows, or should know, what the seemingly well-intentioned phrase "social justice" means. So, what exactly is "social justice"? Social justice is the complete economic equality of all members of society. While this may sound like a lofty objective, what it really means is that...