Keyword: stealthewealth

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  • 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
  • Wisconsin's useful idiots

    03/14/2011 9:08:14 AM PDT · by jazusamo · 36 replies
    American Thinker ^ | March 14, 2011 | Phil Boehmke
    “You’re an effing liar! You’re all effing liars,” said the school teacher in the little red Kia as he sped away. All I could do is smile, waive and laugh as he drove off, revealing the Obama/Biden ’08 bumper sticker. When the young man pulled into the “Recall Wirch” petition “drive through” site on Hwy 50 in Kenosha, Wisconsin Saturday afternoon, I approached his car and said “Hi, how are you doing today?” What followed was a fascinating exchange in which I was told to “get an effing job,” was called an “illiterate moron,” and a “fascist.” When I...
  • 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...
  • Wisconsin Officials Rush to Walker-Proof Their Benefits

    03/03/2011 6:33:39 PM PST · by Nachum · 75 replies
    national review ^ | 3/3/11 | Christian Schneider
    Just days after Gov. Scott Walker introduced his budget repair bill, public-sector-union leaders said they would accept Walker’s financial demands as long as he kept collective bargaining intact. However, in the time bought by the flight of 14 Democratic state senators, local governments have been quickly adopting new contracts in advance of Walker’s bill becoming law. In effect, the unions are spraying their benefits with Walker repellent. (In fact, an investigative report shows that there may have been collusion between the missing state senators and City of Madison officials to delay the bill so contracts could be signed.) Three days...
  • 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
    examiner.com ^ | 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.
  • 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...
  • PRESIDENT OBAMA SHELLS A WHOPPING $100 BILLION TO THE UNITED NATIONS(Is that all?Why not even more?)

    10/15/2010 12:32:38 PM PDT · by bestintxas · 44 replies
    TLC ^ | 10/14/10 | Paul L. Williams, Ph.D.
    The U. S. State Department today announced that the Obama Administration has agreed to contribute $4 billion to the United Nations Global Fund to fight AIDs, Tuberculosis, and Malaria from 2011 to 2013. The $4 billion represents a 38% increase over the previous U.S. commitment to the fund. United Nations Secretary-General Ban Ki-moon said that a total of $11.7 billion has been raised from 40 countries, the European Commission, faith-based organizations, private foundations, and various corporations. This means that over one-third of the money will come from the pockets of US taxpayers. Oil-rich nations like Saudi Arabia, Abu Dhabi, and...
  • 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's Vendetta Against the Wealthy

    09/22/2010 10:05:02 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | 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.
  • 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.
  • 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
    apnews.myway.com/ ^ | 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.
  • 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
    CNSNews.com ^ | 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...
  • The Bitter Fruit of Obamacare

    07/16/2010 6:55:58 AM PDT · by Kaslin · 24 replies · 4+ views
    Townhall.com ^ | 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
    Townhall.com ^ | 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...
  • CALIFORNIA: Senate Democrats to propose $4.9 billion in tax hikes

    05/24/2010 12:40:53 PM PDT · by SmithL · 44 replies · 1,472+ views
    SacBee: Capitol Alert ^ | 5/24/10 | Kevin Yamamura
    Senate Democrats today plan to roll out a $4.9 billion package of tax hikes on cars, alcohol, income and corporate profits. According to a budget committee analysis, the Democratic 2010-11 plan includes: -- Suspending corporate tax breaks scheduled to begin Jan. 1 (worth $2.05 billion) -- Extending a 0.25 percent income tax surcharge that is scheduled to end Dec. 31. (worth $1 billion) -- Extending a $217 per dependent reduction in the state's dependent income tax credit, also scheduled to end Dec. 31 (worth $430 million) -- Raising the vehicle-license fee on cars 0.35 percent starting July 1 of this...
  • Lawmaker Introduces $165 Billion Union Pension Bailout Bill

    05/24/2010 11:36:59 AM PDT · by Painesright · 78 replies · 2,806+ views
    FoxBusiness.com ^ | 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...
  • 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...
  • Obama's Nominee To Head Medicare, Medicaid: We "Must Redistribute Wealth"

    05/12/2010 1:00:03 PM PDT · by ianschwartz · 30 replies · 1,402+ views
    RealClearPolitics ^ | May 12, 2010 | RealClearPolitics
    “Any health care funding plan that is just equitable civilized and humane must, must redistribute wealth from the richer among us to the poorer and the less fortunate. Excellent health care is by definition redistributional," Donald Berwick said. Berwick is Obama's nominee to run the Centers for Medicare and Medicaid Services
  • Obama Administration Plans to Seize 401(k) Retirement Accounts

    05/06/2010 4:55:29 AM PDT · by IbJensen · 107 replies · 4,699+ views
    The New American ^ | 5/6/2010 | Joe Wolverton II
    One aspect of a new and improved federal regulatory scheme is the seizure of 401(k) retirement plans and the subsequent government-administered disbursement of the funds. In Chapter 3 of the Annual Report on the Middle Class released in February by Vice President Biden and the White House Task Force on the Middle Class, the Obama administration calls for enhancing the “retirement options” for the middle class by imposing “new regulations to improve the transparency and adequacy of 401(k) retirement savings.” The plan, as sketched in the 43-page document, calls for the creation of something called “Guaranteed Retirement Accounts” (GRAs). Biden...
  • Pension systems to tap taxpayers (Pennsylvania 2012 property taxes to increase by $385)

    05/03/2010 4:32:30 PM PDT · by Libloather · 17 replies · 1,025+ views
    Altoona Mirror ^ | 5/01/10 | Walt Frank
    Pension systems to tap taxpayersConsultant: 2012 property taxes likely to increase by $385 By Walt Frank POSTED: May 1, 2010 Pennsylvania taxpayers will be hit with higher taxes to help fund two state pension systems. The average residential homeowner likely will pay an additional $385 in property taxes in 2012, said Richard C. Dreyfuss, a pension consultant and senior fellow of Commonwealth Foundation for Public Policy Alternatives. Dreyfuss spoke Friday at an Issues Forum sponsored by the Blair County Chamber of Commerce and Pennsylvania Economy League at The Casino at Lakemont Park. Decisions made several years ago regarding funding of...
  • Barack Obama’s fat-cat Wall Street banker friends have nicer homes than you

    05/03/2010 1:04:11 PM PDT · by markomalley · 7 replies · 685+ views
    Washington Examiner ^ | 5/3/2010 | Timothy P. Carney
    The Business Insider, a blog very fond of slide shows and what they call “house porn,” has a feature up now called “The 15 Most Expensive NYC Banker Homes.” These are some pretty nice, and pretty expensive Manhattan pads. And the owners are almost all close to President Obama, who misleadingly styles himself the scourge of Wall Street who stands with regular people against the fat cats.Here are the well-housed fat cats TBI lists,and their connections with Obama and Democrats Adam Sender, with an $8.1 million penthouse, which “includes 6,300 square feet of living space plus three terraces.” Sender gave...
  • Growing Anger At Collapse Of U.S.A. Standard Of Living

    04/25/2010 3:51:15 PM PDT · by blam · 267 replies · 7,758+ views
    The Market Oracle ^ | 4-25-2010 | Global Research
    Growing Anger At Collapse Of U.S.A. Standard Of Living Politics / US Politics Apr 25, 2010 - 07:03 AM By: Global Research Hiram Lee writes: A series of recent studies conducted by the Pew Research Center shed new light on the scope of the economic crisis in the US and the level of hostility the majority of the American population holds for the US government. Released in March, before the passage of the Obama administration’s health care legislation, a survey entitled “Health Care Reform—Can’t Live With It, or Without It” indicates that 92 percent of Americans give the national economy...
  • TAXES ON WEALTHY LEAD TO PAIN FOR ALL

    04/20/2010 6:34:37 AM PDT · by Patriot1259 · 5 replies · 276+ views
    The Cypress Times ^ | 4/20/2010 | Kevin Price
    "Soak the rich" is a favorite battle cry for politicians seeking reelection and advocates of social justice, but in the end, it creates injustice for all. This will clearly be seen as a consequence of the recent health care bill, as well as with the President's ambitious efforts to dramatically increase the tax on capital gains.
  • Health Care law will raise taxes on the Middle Class

    04/19/2010 7:44:46 AM PDT · by Alaphiah123 · 10 replies · 369+ views
    Creating Orwellian Worldview ^ | 4/19/10 | alaphiah
    President Barry Hussein Soetoro says under his presidency taxes will not be raised on the middle class but the Joint Committee on Taxation, Congress’s official scorekeeper says that taxes will be raised on the middle class. Who do you believe. You heard all of the promises. President Barry Hussein Soetoro promised the American Middle Class that his health care law would not raise taxes on the middle class not even one cent. Soetoro said that people making less than $200,000.00 a year and joint filers earning less than $250,000 would not see a tax increase under his watch. (see videos)...
  • Once Self-Reliant, Now A Nation Of Takers

    04/07/2010 5:19:01 PM PDT · by Kaslin · 23 replies · 1,256+ views
    Investors.com ^ | April 7, 2010 | SCOTT A. HODGE
    Are you a giver or a taker? No, that is not a bad pickup line from an Internet dating site — it's a question every American should be asking themselves these days. "Do I take more than I give?" I'm sure most of us want to be considered givers, not takers. After all, we grew up with the old adage that "it is better to give than receive." But we all know people who are more takers than givers. We've all seen someone who brings a small salad to the potluck but piles lots of your casserole on his...
  • Volcker: Taxes likely to rise eventually to tame deficit

    04/06/2010 6:27:17 PM PDT · by GreaterSwiss · 97 replies · 2,842+ views
    Reuters ^ | 4/6/2010 | Steven Johnson
    Volcker: Taxes likely to rise eventually to tame deficit NEW YORK (Reuters) - The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.
  • Unions want to dump pensions on taxpayers

    04/06/2010 7:06:18 AM PDT · by rvoitier · 73 replies · 2,836+ views
    The Daily Caller ^ | 04/06/10 | Aleksandra Kulczuga
    Legislation introduced last week could shift costs of union pension plans to taxpayers in an attempt to stave off organized labor’s pension funding crisis.Senator Bob Casey, Pennsylvania Democrat, introduced the Create Jobs & Save Benefits Act of 2010 to address the funding problems faced by union-administered multi-employer pension plans.Multi-employer pension plans have to cover the benefits of members, even if their companies are defunct.
  • It's Official - America Now Enforces Capital Controls (The Obama Fascists destroy Investing)

    04/03/2010 6:00:07 AM PDT · by Candor7 · 218 replies · 9,349+ views
    Zero Hedge ^ | 3/28/2010 | Tyler Durden
    It couldn't have happened to a nicer country. On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration's millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more...
  • Rep. Michele Bachmann Calls ObamaCare "the Grounds for Redistribution of Wealth" - Video

    03/31/2010 10:50:58 AM PDT · by Federalist Patriot · 5 replies · 386+ views
    Freedom's Lighthouse ^ | March 31, 2010 | Brian
    Here is video of GOP Rep. Michele Bachmann in an interview saying ObamaCare is President Obama's "grounds for the redistribution of wealth." She said she believes there will continue to be challenges at every level in the court system as to the constitutionality of the new ObamaCare law. “I know that the attorney general in Virginia is basing his claim on the individual mandate, and I think that there is merit in this claim. Because never before in the history of our country has the federal government forced an American to do something pro-actively, forcing an American -- as a...
  • Q poll: 4 percent favor tax hikes to slash deficit

    03/30/2010 10:11:57 AM PDT · by speciallybland · 24 replies · 706+ views
    Politico ^ | 03/30/2010 | Glenn Thrush
    Quinnipiac is out with a new poll on voter preferences to attack the deficit and reports — surprise, surprise — that very few people want to have their taxes hiked. Four percent favor income tax increases as the sole way of plugging the gap, estimated well north of $1 trillion this year. But 42 percent would tolerate some hikes if they were coupled with spending cuts; 49 percent favor spending cuts only. An overwhelming majority believe the middle class will get fleeced either way.
  • Obamacare Starts Squeezing the Private Sector

    03/30/2010 10:13:19 AM PDT · by Behind Liberal Lines · 33 replies · 1,504+ views
    American Spectator ^ | 3.30.10 @ 6:09AM | By William Tucker
    The news on healthcare reform this week is that right off the bat, the major corporations are discovering they will be losing stunning amounts to taxes as a result of Obamacare. Caterpillar, the first to speak out, reported it will take a one-time write-down of $100 million in order to account for the elimination of a federal tax refund it has been receiving for providing drug benefits to its retired employees. In the following days, AT&T, Verizon, 3M, Deer & Co., and AK Steel Holdings announced they would take similar write downs. AT&T's new tax bill will come to over...
  • Howard Dean: Of Course Health Care Law Is Redistribution of Wealth

    03/28/2010 6:41:13 PM PDT · by Pacothecat · 91 replies · 3,942+ views
    Breitbart.TV ^ | Naked Emperor News
    Howard Dean: Of Course Health Care Law Is Redistribution of Wealth http://www.breitbart.tv/howard-dean-of-course-health-care-law-is-redistribution-of-wealth/ Breitbart.TV and Naked Emperor News
  • Deere (And Others) In The Headlights

    03/26/2010 5:06:50 PM PDT · by Kaslin · 27 replies · 1,286+ views
    Investors.com ^ | March 26, 2010 | INVESTORS BUSINESS DAILY Staff
    Health Reform: As major businesses lay out the impact of ObamaCare in dollars and jobs, two things are clear: the costs will be enormous, and the president's vow to focus on "jobs, jobs, jobs" can no longer be believed. Early returns on ObamaCare are coming in, and they belie proponents' claims of job creation and cost reduction. The costs will increase. They are merely being shifted to the states and to America's businesses, large and small. AT&T, the country's largest telephone company, announced Friday it will take a $1 billion first-quarter charge related to the new health care law. The...
  • Unions Want To Take Over Your 401(k)

    03/26/2010 8:48:39 AM PDT · by Titus Quinctius Cincinnatus · 61 replies · 2,332+ views
    Money News ^ | 17 Mar 2010 | Gene J. Koprowski
    One of the nation's largest labor unions, the Service Employees International Union (SEIU), is promoting a plan that will centralize all retirement plans for American workers, including private 401(k) plans, under one new "retirement system" for the United States. In effect, government pensions for everyone, not unlike the European system and regardless of personal choice. The SEIU, which was integral to the election of Barack Obama as president, is working with the left-leaning Economic Policy Institute (EPI), and the National Committee to Preserve Social Security and Medicare, on SEIU's plan, called "the Retirement USA Initiative." Claiming that the retirement system...