Tag: government

The Democrats in the Senate have passed their tax plan.

4:16 pm

The Democrats in the Senate have passed their tax plan, extending the Bush tax rates for families making under $250,000 for one year while allowing the rates for families earning above $250,000 to expire.

The big Democratic claim has been that in order to balance the budget richer people have to pay more of their fair share. Okay, so now they’ve made their point by law. If I were the Republicans I’d accept it, since we all know that this tax increase on higher income taxpayers will do nothing to lower the deficit. We could raise the tax rate for anyone earning more than $250K to 100 percent and we would still have a gigantic yearly deficit.

What will the Democrats next claim when this tax increase fails? It won’t matter. The problem is spending, and the failure of this tax plan will further demonstrate that point. The federal government has to learn to live within its means.

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Because of a new federal regulation, passengers who use US Airways for only part of their flight will have to check their bags and go through security again when they switch airlines.

10:27 am

Thank you DOT and US Airways: Because of a new federal regulation, passengers who use US Airways for only part of their flight will have to check their bags and go through security again when they switch airlines.

It appears that US Airways is at much at fault here as the DOT. Read the article.

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“The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true.”

9:27 pm

From the man whose job it was to police the $700 billion TARP bailout:

The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true.

The regulatory culture of the banking industry that this book describes possibiy explains why Jon Corzine has not yet been prosecuted. Regulators and prosecutors are afraid to proceed out of fear of hurting their careers.

Worse, Barofsky describes a banking regulatory system that is still in place, and is therefore ripe for another collapse. No wonder the tea party movement was born out of outrage over TARP and the bank bailout, and is still growing.

1 comment

If you own that art, it’s not yours. The IRS owns it instead.

1:07 pm

If you own that art, it’s not yours. The IRS owns it instead.

The object under discussion is “Canyon,” a masterwork of 20th-century art created by Robert Rauschenberg that Mrs. Sonnabend’s children inherited when she died in 2007. Because the work, a sculptural combine, includes a stuffed bald eagle, a bird under federal protection, the heirs would be committing a felony if they ever tried to sell it. So their appraisers have valued the work at zero.

But the Internal Revenue Service takes a different view. It has appraised “Canyon” at $65 million and is demanding that the owners pay $29.2 million in taxes.

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“You didn’t build that.”

9:31 pm

“You didn’t build that: Readings from the Book of Barack.”

1 In the beginning Govt created the heavens and the earth. 2 Now the economy was formless and void, darkness was over the surface of the ATMs, and the Spirit of Govt was hovering over the land.

3 And Govt said, “Let there be spending,” and there was spending. 4 Govt saw that the spending was good, and that it separated the light from the darkness. 5 Govt called the spending Investments, and this he did in the first day.

6 Then Govt said, “Let there be roads and bridges across the waters, and let dams divide the waters from the waters.” 7 Thus Govt made the infrastructure and the patronage jobs for eternity under the firmament from the Potomac which was above the firmament; and it was so. 8 And Govt called the firmament Washington. This Govt did on the second day.

9 Then Govt said, “Let the regulations and the guidlines under the heavens be gathered together into one place, and let the Bureaus appear”; and it was so. 10 And Govt called the Bureaus demigovts, and the gathering together of them He called AFSCME. And Govt saw that it was good.

Read the whole thing.

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The IRS and Labor Department have started investigations into the finances of a Romney campaign contributor who was also named number one on Obama’s enemies list.

10:31 am

Leftwing tolerance: The IRS and Labor Department have started investigations into the finances of a Romney campaign contributor who was also one of the first listed on Obama’s enemies list.

I don’t appreciate it when the right attacks George Soros for supporting the leftwing causes he believes in, and I certainly oppose it when the left does the same. Here, however, it appears the Obama administration is using the force of the law to attack a private citizen, merely because he supports Obama’s opponent in the election. Such behavior is immoral, wrong, and hostile to everything our free country is supposed to stand for.

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A Texas woman did not want a smart meter installed in her home, and when the power company employee would not take no for an answer she stopped him — by showing him her legal gun.

4:09 pm

A Texas woman did not want a smart meter installed in her home, and when the power company employee would not take no for an answer she stopped him — by showing him her legal gun.

She placed herself between the installer and her old meter but, “He just kept pushing me away.” That’s when she showed him her handgun. “He saw it, and went back the other way.”

The response of the power company is also interesting.

“We are deeply troubled by anyone who would pull a gun on another person performing their job,” reads a statement from the company. “CenterPoint will be taking additional steps – including court actions – because what happened is dangerous, illegal and unwarranted.”

First, the employee was on this woman’s property. Second, it appears the employee pushed the woman. Since when is it illegal to protect both your property and your person from assault?

5 comments

The TSA protester who stripped naked when TSA agents demanded he submit to a more detailed body search has won his case in court.

3:56 pm

The TSA protester who stripped naked when TSA agents demanded he submit to a more detailed body search has won his case in court.

The money quote from the article:

“I was aware of the irony of removing my clothes to protect my privacy,”

This illustrates better than anything the absurdity of the security arrangements of the TSA. What good is this fake security if it destroys our freedom?

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The lawsuits fighting the Obama administration mandate that religious organizations fund contraceptives against their religious beliefs has now risen to more than 20 separate cases and nearly 60 individual plaintiffs,

2:00 pm

We’ve only just begun: The lawsuits fighting the Obama administration requirement that religious organizations fund contraceptives against their religious beliefs has now risen to more than 20 separate cases and nearly 60 individual plaintiffs.

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