Also, the 9/9/9 tax proposal that Herman Cain espouses bothers me. Adding an additional 9% national sales tax to all of our purchases would be a huge burden. The 9% income tax is misleading. As it is now, we might pay 15% income tax, but that is not on our gross income, it is on the amount of income after subtracting the standard or itemized deductions, the personal exemptions for each person in the family, business and rental losses, and possibly other credits. I think the 9% that he is talking about is on gross income.
I love to hear what Herman Cain has to say, but if I understand it correctly, the 9/9/9 thing is frightening.
You need to READ UP ON THIS because, frankly, you’re acting like a zombie moonbat.
Cain said Paul’s fan have “stretched the truth” by accusing him of not wanting to audit the fed.
“I have never said that,” Cain wrote. “I have said: ‘I don’t think you’re going to find anything to audit on the Federal Reserve.’ But they want you to believe that Herman Cain doesn’t want the Federal Reserve to be audited.”
“I get the same stupid question at almost every one of these events,” Cain writes. “I know it’s a deliberate strategy. How can a person randomly show up at a hundred events and ask the same stupid question to try to nail me on the Federal Reserve? It’s really becoming annoying more than anything else.”
“Former Chicago Bears defensive tackle Dan Hampton says he will not be joining his fellow teammates when they visit the White House next month.
Hampton, a member of the Bears 1985 Super Bowl championship team, made the comments on Chicago’s Mully and Hanley radio show Monday.
‘It’s my personal choice,’ the four-time Pro Bowler said. ‘I don’t choose to go.’
Hampton said he was bothered that the invitation did not include players’ wives and children and added, ‘Secondly, I’m not a fan of the guy in the White House, and third, it was 25 years ago. Let it go.’
Obama, an ardent fan of his hometown team, extended an invite to the 1985 Super Bowl Champions last week. The team is scheduled to visit the White House on Oct. 7.
Super Bowl champions are traditionally honored with a visit to the White House. But plans for the 1985 Bears to come to Washington were scrapped when the space shuttle Challenger exploded just days after their victory in January 1986.
‘It basically just rolled off our backs, and now, 25 years later to say, ‘Let’s put the band back together.’ No, I’m not in,’ Hampton said.”
AC, you are correct – it’s 9% of gross income less charitable deductions. Those living in “Empowerment Zones” (inner cities) get additional deductions.
The business tax is also gross income less investments, purchases from other businesses, and dividends paid.
Exactly. 9/9/9 was engineered as a catchy slogan but it only obscures the real issues. He’s bringing more tax filers into the system, not taking them out, which increases the burden of paperwork. Every merchant would now be collecting sales taxes for the Feds in addition to states, even though not all states have sales taxes, and not all merchants engage in taxable transactions. The advantage of a lone consumption tax is that it distributes burden evenly while removing filing requirements and increasing financial privacy for tens of millions of working families with simple W2 income. The consumption tax makes sense if millions of business filers (who already have things like computerized registers and accounting software) replace hundreds of millions of individual filers, most of whom are ordinary individuals without specialized tax skills or the desire to tangle with red tape.
It’s also one more tax. The path of Europe has shown us that small consumption taxes easily get ratcheted up to painful levels. Politicians love robbing the people one extra percent at a time. The anti-tax movement is right opposing the implementation of a consumption tax unless its passage is tied to the repeal of the 16th Amendment.
Ask the smokers or heavy drivers just how small these “small” taxes stay.
The nines alone shouldn’t be trusted for the same reason we should be leery of car dealers who play psychological tricks like advertising cars for $19,995 instead of a more honest $20,000.
The math hasn’t been crunched. Cain has selected a tax rate he thinks he can sell to primary voters.
Why should consumption be magically taxed at the same rate as income? That’s just a bit too convenient and looks a bit too much like marketing instead of substance. When we’re buried in debt and addicted to consumer spending, common sense would suggest we need more incentives to produce a surplus above our consumption.
We can simplify the income tax code without his goofy plan and without creating another new tax. We can also eliminate it altogether.
Rather than gimmicks like 9/9/9, we must first work on a balanced budget amendment and ending the Fed. As long as they can borrow and print the tax rates don’t matter. They could set everything at 2/2/2, print the difference, and export the loss as inflation to working families.
The business tax rate should be a flat 0, because it has been proven time and time again that businesses do not pay taxes, they only collect them (Friedman, et. al.). We need to can the paperwork and anti-competitive stance among our global peers to restart the engine of job creation.
9/9/9 may not pay our bills. If it doesn’t, Cain is retaining the option for deficit spending and money printing. He’s got the cart before the horse. We should be designing a government which is mathematically sustainable then figuring out what it costs to provide that level of service.
Maintaining a gimmick approach to taxes destroys the credibility of the dollar in the eyes of the world. What we should have done is let the Bush tax cuts expire across the board, spreading the burden more evenly, saving the dollar, and bringing more stakeholders to the discussion of the real cut, which would be either to a flat income tax or a flat consumption tax, but not both.
Instead we continue to bob and weave with brackets, loopholes, deductions, exemptions, administrative rules, and eight million words of nonsense in a bloated tax code which not one human on this planet has a complete knowledge of.
The head of this monster is the Federal Reserve, whose loose monetary policy has been to our debt addicted government what cartels are to the drug addicted streets. With an infinitely expandable money supply there will be a shortage of incentive to get things under control, at least up until the tipping point where it all comes crashing down.
Cain won’t even let sunshine into the Fed’s books, let alone talk about restoring sound money. If this man uses words like “stupid” to describe an audit, especially when we’re in the middle of the least transparent administration in this nation’s history, then he is not in touch with Main Street. The American people are tired of the smoke and mirrors.
We need to audit the books of Solyndra, GM, Fannie Mae, Freddie Mac, and the rest of the cesspools of socialist corruption tainted by this administration and previous administrations – and this includes the Fed.
His answer is total, complete, and utter bullshit.
Of the limited information releases we’ve already seen we’ve found tens of trillions in exposure to potentially toxic assets, trillions of dollars in hasty loans and swaps, hundreds of billions lent to foreign banks, countless trashy toxic assets, allegations of cronyism towards money center banks, frontrunning, insider trading, deliberate mispricing, discount window abuse, and so many other stories which have seen mainstream attention (and a hell of a lot more coverage if you read Zerohedge).
What we’ve already seen out of the Fed should result in people being led away in cuffs, if not indicted for treason.
Cain is deflecting with a classic “pay no attention to the man behind the curtain” approach.
He says the questions come up at event after event, month after month.
If he supported an audit it would have been very, very easy for him to put the issue to rest months ago, just as Obama could have stopped the birth certificate issue by releasing one simple piece of paper before the election.
When he refuses to simply state his support for an audit, and instead offers bogus excuses easily disproven with what we already know, that is equivalent to saying no in the most spin-laden, politically approved sort of ways.
If nothing is there to be found then auditors will have wasted a bit of time reassuring the American people that all is sound. We might have to give the axe to one porky stimulus project to pay the auditors.
Fort Knox should be audited for the same reason, not because there is any basis to the conspiracy theories, but because it’s prudent business practice to routinely account for assets (if a corporation followed government non-accounting standards, the execs would be hauled off to prison).
If I as a businessman don’t prepare proper books then I go to jail. If the government doesn’t do it men like Cain call it business as usual and no cause for concern. Something is not right with that attitude.
I find the whole issue with Cain and the audit like Obama and Michelle regarding the flag pins and proper protocol for the pledge of allegiance.
When these two continually spun up excuses every time the issue was raised I knew something wasn’t right.
It’s such a simple thing to do, get out of the way, and then move on to other issues.
If he truly believed nothing would be found, he could have come out months ago and said, “Yes, I support Ron Paul’s audit, which is not an issue, because it won’t find anything. We’ll pay for the audit by giving the ax to first class junkets for bureaucrats.”
That is simple, honest, and would have ended it. Instead he chose to act like a politician.
The American people are tired of opaque government. We’re putting all politicians of all parties on truth probation. If they want us to believe something, they had damn well better prove it. If the books are clean, then they can prove it, just as they expect every corporation to do every year.
My point, which you apparently missed, is that Cain has never said he doesn’t agree with the idea of auditing the FED. He says he doesn’t think an audit will turn up anything useful – and I’m NOT suggesting that he does or does not have knowledge to back up that feeling. After all, as we all know, he was affiliated with the FED for a time.
My point is you and others are apparently deliberately misquoting/misrepresenting him and it ruins your credibility when you do so.
Basically you’re dedicated to people (ZeroHedge) who are basing their philosophy on an imaginary character (Tyler Durden) in a fictional HOLLYWOOD movie.
In other words, you’re another moonbat.
Now I’m not saying that I’m OK with toxic assets, complex derivatives, etc. But do you know EXACTLY why these things came into being? Do you know the key link in the chain that caused all this mess in the first place?
I won’t give it away, I’ll let you come up with it, if you can. If you can’t then I’m basically wasting my time because you sound just like all the other moonbats on these issues.
AC says: September 28, 2011 at 10:34 pm
“Trust, but verify.” – Ronaldus Maximus
I agree with you on that one. However, I also suspect Cain knows what he is talking about – an audit will be an exercise in futility because there is no smoking gun there. A waste of time, effort and money. If anyone knows this I suspect Cain does, for reasons stated above.
I like a lot about Paul, but he has some fatal flaws.
And I’m also with you & others in opposition to the 9/9/9 plan. However, we do need to simplify the tax system and reform it in a way that makes tax collection easier/automatic such that the IRS can also be scaled down and we can phase out all the tax lawyers who’s job it is to find loopholes and ways around paying taxes. People like Buffet say they’re willing to pay more, that they believe they should, but when tax time comes around I don’t see them DOING SO – they can write a check to the treasury for whatever amount they want & specify it is to be applied to the national debt, deficit, whatever.
Instead of just complaining about what Cain and others propose, what do EACH OF YOU think we should do with taxes?
Go to a totally consumption based tax? Someone claimed that would be unfair because, they claimed, the rich don’t consume, only the poor do. Do you agree or disagree with that claim?
Go to a flat tax?
Eliminate income and capital gains taxes and replace them with targeted things like gasoline taxes (i.e. a consumption tax), registration fees (for vehicles), and other things that more directly target those who use a good, service or whatnot.
Should we ALL pay school taxes or just those of us who have children (or adults) who are going to school?
Why should people who don’t own cars help pay to keep up roads and bridges?
Should the money from gas taxes be redistributed to pay for mass transit systems the people that bought the gas likely may never use or should it be directed to the roads and bridges they likely will?
These are the sorts of questions I’d like to see you discussing – stop just whining about what Cain or someone else said and start coming up with solutions.
We know that social security and medicare will fail within our lifetimes if major reforms, which will affect future beneficiaries, are not enacted soon. How does that make you feel?
Do you like or dislike how the AARP is using false scare tactics to try to defeat necessary reforms of these federal ponzi schemes?
No matter what ideas we have for simplifying and/or changing the tax structure, I don’t want to change anything as long as Obama is in power. He will sell it as a fairer or simplified thing and then turn it into something devastating and evil. We have to get him out before we can even breathe again.
Actually now that I read the long post you made above you agree with me on a lot of this:
“The path of Europe has shown us that small consumption taxes easily get ratcheted up to painful levels. Politicians love robbing the people one extra percent at a time. The anti-tax movement is right opposing the implementation of a consumption tax unless its passage is tied to the repeal of the 16th Amendment.”
Agreed!
“bringing more stakeholders to the discussion of the real cut, which would be either to a flat income tax or a flat consumption tax, but not both.”
Agreed.
“Instead we continue to bob and weave with brackets, loopholes, deductions, exemptions, administrative rules, and eight million words of nonsense in a bloated tax code which not one human on this planet has a complete knowledge of.”
Also agreed!
“we must first work on a balanced budget amendment”
Yes, no more “debt limit raises” – set it at ZERO and KEEP IT THERE! A limit that gets raised every time you approach it is no limit!
However, you went seriously astray as well:
“What we should have done is let the Bush tax cuts expire across the board”
There you’re arguing we should go back to an incentive killing progressive system. Now it’s true the “Bush tax cuts” (Congress passed them, not Bush, so why are they called that?) did not completely do the job by establishing a flat tax and getting rid of all the other nonsense in the tax code, but at least they were a move towards equalizing tax rates.
“The head of this monster is the Federal Reserve, whose loose monetary policy has been to our debt addicted government what cartels are to the drug addicted streets. With an infinitely expandable money supply there will be a shortage of incentive to get things under control, at least up until the tipping point where it all comes crashing down.”
It is not the Federal Reserve System that is to blame – rather it is the foolish policies and practices of some of those running it. Why was the system created in the first place? Has it suffered from “mission creep”? What would be the potential down side were we to abolish it?
And, most important, is the FED making or losing money?
You see, one of the big problems I have with your statements regarding the FED is they suggest you’re spewing talking points, not facts based on a careful study of reality. And please stop making the mistake of blaming Presidents for either tax or spending issues. I hope we both know that blame goes directly to Congress.
Jodie says: September 28, 2011 at 11:20 pm
No matter what ideas we have for simplifying and/or changing the tax structure, I don’t want to change anything as long as Obama is in power.
———
I understand, but I disagree. Obama may TRY to change things for the worse but he won’t SUCCEED unless Congress & the Courts AND THE PEOPLE let him. Signs are pretty clear that enough people are tired of him changing things for the worse that we’re not going to let it happen any more. People like Reid, Pelosi, Frank and their ilk may try along with Obama but it’s up to the rest of us to prevent them from succeeding.
Meanwhile, can we afford NOT to start fixing things NOW? I say NO. However, I admit that until we consolidate control of the House, gain control of the Senate and take back the White House it’s going to be difficult BUT NOT IMPOSSIBLE.
I don’t think we can afford to wait to start TRYING. We need to show these moonbats for what they really are. We need to start framing the debate and getting the ideas & arguments out there.
We cannot afford to wait.
AC has some good ideas even if he’s allowing himself to be side-tracked and distracted on some issues.
Jodie says: September 28, 2011 at 11:26 pm
Pretty soon AC and Bob are going to need to get a room.
——-
Actually I think we agree on more than either of us know – there are a few fine points where perhaps we need to duke it out a bit, but overall maybe I went off a little too hasty based on some of the things he said that I usually get from the battiest of moonbats.
Three Books, One Worth a Read, Two Worth the Trash: Kennedy’s and Palins
In recent weeks, three books have hit the literary market, one a revealing collection of the thoughts of Jackie Kennedy Onassis, the other two gossipy collections of rabid drivel written and published out of spite and animosity. . . .
When it comes to hatchet jobs and unmitigated squalor, no recent writing surpasses the venture into the arena of political and character assassination better than Joe McGinness’ salacious book about Sarah Palin and her family. With just a few tweaks and a few more graphic lies, McGinness’ The Rogue: Searching for the Real Sarah Palin could rival Fanny Hill and Tropic of Cancer.
McGinness began his quest for Palin dirt two years ago by renting a house adjacent to the family property in Wasilla, Alaska, so close that the Palins had to erect an 8 foot fence to keep Peeping Joe from spying on the family and leering into their daughter Piper’s bedroom.
He denied he could even see her bedroom–meaning he must have looked for it–and Todd Palin paid him a visit.
Like any snake, McGinness reacted angrily when he was stepped on and said, “He came over to get in my face about moving in there. I said, ‘You’re not even going to know I’m there. . . . I mind my own business. I don’t care what happens on your side of the fence. That’s not why I’m here.’ “ (http://aol.it/9EZTQj)
Wasilla’s population is just shy of 8,000 and covers an area of almost 12 square miles but McGinness chose to rent next door to the Palins. Of course, he didn’t care what happened over at the Palins. It was simply coincidence that he ended up their neighbor and rumors of the binoculars on his windowsill are just rumors.
Apparently, Peeping Joe didn’t see nearly enough to fill a book so he proceeded to fill The Rogue with other rumors and innuendo. . . (Read more at http://www.genelalor.com/blog1/?p=5551.)
President Barack Obama’s Complete List of Historic Firsts [Updated]
Yes, he’s historic, alright.
• First President to Preside Over a Cut to the Credit Rating of the United States Government
• First President to Violate the War Powers Act
• First President to Orchestrate the Sale of Murder Weapons to Mexican Drug Cartels
• First President to be Held in Contempt of Court for Illegally Obstructing Oil Drilling in the Gulf of Mexico
• First President to Defy a Federal Judge’s Court Order to Cease Implementing the ‘Health Care Reform’ Law
• First President to Require All Americans to Purchase a Product From a Third Party
• First President to Spend a Trillion Dollars on ‘Shovel-Ready’ Jobs — and Later Admit There Was No Such Thing as Shovel-Ready Jobs
• First President to Abrogate Bankruptcy Law to Turn Over Control of Companies to His Union Supporters
• First President to Bypass Congress and Implement the DREAM Act Through Executive Fiat
• First President to Threaten Insurance Companies After They Publicly Spoke out on How Obamacare Helped Cause their Rate Increases
• First President to Threaten an Auto Company (Ford) After It Publicly Mocked Bailouts of GM and Chrysler
• First President to “Order a Secret Amnesty Program that Stopped the Deportations of Illegal Immigrants Across the U.S., Including Those With Criminal Convictions”
• First President to Demand a Company Hand Over $20 Billion to One of His Political Appointees
• First President to Terminate America’s Ability to Put a Man into Space.
• First President to Encourage Racial Discrimination and Intimidation at Polling Places
• First President to Have a Law Signed By an ‘Auto-pen’ Without Being “Present”
• First President to Arbitrarily Declare an Existing Law Unconstitutional and Refuse to Enforce It
• First President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory
• First President to refuse to comply with a House Oversight Committee subpoena.
• First President to File Lawsuits Against the States He Swore an Oath to Protect (AZ, WI, OH, IN, etc.)
• First President to Withdraw an Existing Coal Permit That Had Been Properly Issued Years Ago
• First President to Fire an Inspector General of Americorps for Catching One of His Friends in a Corruption Case
• First President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to Bid on Government Contracts
• First President to allow Mexican police to conduct law enforcement activities on American soil
• First President to Golf 80 or More Times in His First Two-and-a-Half Years in Office
But remember: he will not rest until all Americans have jobs, affordable homes, green-energy vehicles, and the environment is repaired, etc., etc., etc.
Get off your asses, turn off your 55″ HD TV, and come earn your free chit by getting me re-elected! Otherwise, rich whitey is gonna take your free chit and you’ll have to get a real job.
“To halt the worldwide epidemic of non-communicable diseases, governments at all levels must make healthy solutions the default social option. That is ultimately government’s highest duty.”
“Collaboration across borders among national and local governments and agencies is also critical. The challenges before us are too vast and complex for individual governments to overcome alone,” Bloomberg later added.
We are quickly approaching the point of needing to pick a warm body to support for the office. I get that Cain has problems, so does Perry, Huntsman (just a joke), and the rest of the crew. I ain’t even a Republican, I am actually a libertarian (who strays from the pure religion due to differences regarding drugs, and other issues). But I have to vote for a viable candidate. If possible I would like to see the Generic candidate run. He seems to win all the polls, and that candidate is perfect, no one ever complains about it. Bachman, Palin, Christie, Rubio, Cain, Huntsman, Gingrich, Perry, and the rest all have holes either on the moral side or the performance side. Since they have not perfected cloning we can not get Ronaldus back (would a clone be able to hold the office, term limits, etc?). It is approaching down to the wire time, someone has to get picked so they have time to bury the carnage of the prelims and focus on the big race. All the crap spewing from the other side concerning the fractures within the Demoncraps appears to be manufactured to me. A little Sun Tzu if you will, “Appear weak when you are strong, and strong when you are weak”. Or the Russian term “Maskirovka” comes to mind. They tease us with dissension while quietly building a financial war chest like none have ever seen before. Personally my favorite is not running and is likely too smart to run (making her the most qualified person in the US to be President, Condoleezza Rice).
/End Rant
Berlet98 says:
At least that idiot is finally getting sued. It is simply amazing how violently the left reacts to Sarah Palin, she’s easily the most dangerous person to ever confront the left. Calls for her death, rape of her children are all commonplace and accepted jokes in the media.
I always knew believing in a magic sky god was little help in dealing with reality, but……..
“How Conservative Politicians Wait for God to Fix the Economy, With Frightening Results”
”
“….study found that a sizable minority share a uniquely faith-based view of how the economy functions, believing that both good and bad outcomes are an expression of God’s will, and are therefore beyond the reach of mere mortals.”
Better get to praying a bunch more and maybe a little snake handling, tongue speaking and Jesus blood drinking would help too, all you “exceptional american” BATSHITCRAZIES!
ZEF, and where is your faith? In the POLITICIANS that cause the ‘good and bad outcomes’? I suppose your faith tells you that the government has screwed up the system, so the only solution is MORE GOVERNMENT.
In dealing with reality, a “magic sky god” is much more rational than you!
My point, which you apparently missed, is that Cain has never said he doesn’t agree with the idea of auditing the FED. He says he doesn’t think an audit will turn up anything useful – and I’m NOT suggesting that he does or does not have knowledge to back up that feeling. After all, as we all know, he was affiliated with the FED for a time.
He’s running for political office, which means he’s playing by the rhetorical rules of politics.
What he did is textbook non-denial denial.
I am sick of spinny answers like the one he gave. The answer to whether he wants to audit the Fed should be a straight yes or no. I’m fed up with politicians who can’t give a straight answer. He keeps hearing the question because he keeps avoiding the question.
Cain was affiliated with a regional branch long before Helicopter Ben started loading up on toxic assets. Even if Cain were 100% honest and medically unable to tell a lie, he would have no way of knowing what is going on behind Ben’s curtain.
We’ve already seen released hint at the problems. Did you know the Fed is lending money to Libyan banks? Did you know it owns the Red Roof Inns?
Did you know Cain supported TARP?
My point is you and others are apparently deliberately misquoting/misrepresenting him and it ruins your credibility when you do so.
It’s his credibility which is shot because he can’t give a straight answer.
Basically you’re dedicated to people (ZeroHedge) who are basing their philosophy on an imaginary character (Tyler Durden) in a fictional HOLLYWOOD movie.
Do you read ZH? Do you know the people there? Nobody is taking any cues from a movie. Fight Club may provide a convenient metaphor and theme but the driving force behind the site has nothing to do with movie worship. You’re confusing cause and effect.
ZH is an extremely influential financial blog because it has a nasty habit of being right all the time. You’d be surprised who reads it and with whom the pseudonymous blog carries currency.
In other words, you’re another moonbat.
Now that’s funny.
Now I’m not saying that I’m OK with toxic assets, complex derivatives, etc. But do you know EXACTLY why these things came into being? Do you know the key link in the chain that caused all this mess in the first place?
Yes, I do. I helped put a lot of them on the books, something which I’m not proud of.
The Fed hoovered up the garbage after firms went bust.
I’ll go back to the earlier example – did you know the Fed owns the Red Roof Inns? You knew taxpayers owned GM. GM was a very visible political debate. The Fed acquired RRI debt in total secret during the Lehman Brothers aftermath then coverted it to equity when the chain went busto.
I won’t give it away, I’ll let you come up with it, if you can. If you can’t then I’m basically wasting my time because you sound just like all the other moonbats on these issues.
You realize I want the manipulative Fed eliminated so we can return to a gold standard, right? Gold is the antithesis of deficit spending and statist Keynesian moonbattery.
I agree with you on that one. However, I also suspect Cain knows what he is talking about – an audit will be an exercise in futility because there is no smoking gun there. A waste of time, effort and money. If anyone knows this I suspect Cain does, for reasons stated above.
If an audit is futile then he needs to support it to reassure the public.
When I tell the IRS my taxes are in order they audit me anyway to discover exactly that.
Bernie Madoff told the SEC an audit was futile because he was honest and everything was in order. The SEC believed him.
Let the Fed play by the same rules as the rest of us. What bothers me here is Cain’s refusal and evasion of a simple “yes.”
I like a lot about Paul, but he has some fatal flaws.
I support Paul because of his stance on economic issues, from the Fed to taxes to spending. His open contempt for our insane monetary policy is what brought me to him; most of the Paul supporters out there were brought to hate the Fed by Paul. I will put up with the quirks because he is the only one who understands the state of the economy and is willing to support the decisive measures needed to fix it.
He’s far from a perfect candidate, but he’s the only one saying what needs to be said, and he’s been saying it for so long that he has a great deal of authenticity, unlike Perry-come-lately.
Our monetary policy is the moonbattery, not my opposition to it. Our moonbatty monetary policy has continued under Democrats and Republicans alike. We’re buried in debt, faced with enormous deficits, and sitting seemingly helplessly while the dollar crumbles and jobs evaporate. Men like Paul who believe in sound money and who have never voted for deficit spending didn’t create this mess.
If we don’t fix the deep-seated problems with our economy and our monetary policy then we will leave to our children a legacy of depression and inflation. If we don’t fix the problems then they will be born into a society of ruined dreams.
The fatal flaw with everybody else is that they’re economically weak and will pass on a legacy of post-Soviet misery to our children by continuing our business as usual economic policies.
I’m sure the “Religion of Peace” sympathizers in the US will either completely ignore this, or speak of how the women want to not be able to drive under threat of a public beating.
There you’re arguing we should go back to an incentive killing progressive system. Now it’s true the “Bush tax cuts” (Congress passed them, not Bush, so why are they called that?) did not completely do the job by establishing a flat tax and getting rid of all the other nonsense in the tax code, but at least they were a move towards equalizing tax rates.
Not quite. Letting them expire would have immediately shored up the dollar and prevented further slides in our purchasing power.
With the taxes being “too damn high” across the board there would have been the public awareness and motivation to hold politicians to reforming the system completely.
Instead, they extended the cuts which continue sheltering half of households from paying any meaningful amount of Federal tax.
As long as that continues we won’t be able to have a meaningful debate on tax reform.
I don’t believe the pre-Bush levels were good. What I do know is that letting them expire would have shored up our currency immediately and provided a good stepping stone to reform through either a flat income tax or a flat consumption tax. Instead, politicians extended the progressive bracket system under the Bush rates and called it reform.
My opposition here is to the phony solutions which placate people and distract them from the real solutions. The Bush cuts may have been a step in the right direction but they continued a fundamentally flawed, overcomplicated, job killing tax system.
If the Bush tax cuts expired, and real conservatives (not RINOs) pushed for total tax overhaul instead of business as usual then they could have held Democrats’ feet to the fire on the issue of reform. Let the statist Democrats be the party of no when it comes to tax reform.
Instead, the tax reform debate was totally shelved to fight over tax increases for the rich. Every American family lost out on the hope of a simpler and more just tax system when Democrats took control of the debate and shifted it to class warfare.
It is not the Federal Reserve System that is to blame – rather it is the foolish policies and practices of some of those running it. Why was the system created in the first place? Has it suffered from “mission creep”? What would be the potential down side were we to abolish it?
The Federal Reserve itself is to blame because it gives the power of monetary manipulation to human beings.
It’s very purpose is interventionist meddling. The justification was a smoothing of the business cycle. The Fed has only made things worse.
The downside is that we can no longer use it as a Ponzi slush fund to hide our economic problems. Sound money tends to expose those problems, whereas the coverup artists need the printing press.
The answer is to return the issuance of gold-backed money to the US Treasury, as our founders intended.
And, most important, is the FED making or losing money?
That question begs an audit, doesn’t it?
The Fed is destroying public wealth, regardless of on-book accounting shenanigans. Their ability to remit conjured money to the Treasury is meaningless in light of their ability to rob it from savers through control of the interest rate mechanism. One must also wonder whether said accruals are actuarially sound or whether they’re the result of high risk writing of uncovered options like was done at AIG.
You see, one of the big problems I have with your statements regarding the FED is they suggest you’re spewing talking points, not facts based on a careful study of reality. And please stop making the mistake of blaming Presidents for either tax or spending issues. I hope we both know that blame goes directly to Congress.
The little we’ve seen out of the Fed so far has been bad. Even if everyone there is acting in good faith they’re still going about their meddling in a very opaque manner.
AC has some good ideas even if he’s allowing himself to be side-tracked and distracted on some issues.
Side-tracked?
If the economy goes down the drain then it’s the rest of the issues which don’t matter. Ron Paul’s stance on gay marriage being a state issue won’t matter one iota when families are ripping up benches from the parks to burn for heat, in the absence of money to buy proper fuel.
If we continue the course we’re on our fate will be the same as the Soviet Union for the same reasons. We should be learning from history, not repeating it. The central planning has to stop and the engine of job creation must be started, not scapegoated.
The time for half-measures has passed. It is too late to implement better rates on a fundamentally broken tax system, a bit more benevolence in a fundamentally destructive central bank, or minor trimming around the edges of a fundamentally bloated government.
We need a candidate who will uproot the weeds, not prune them.
After learning from its mistakes, Russia implemented a flat tax and has seen an upswing its economy despite the corruption. Meanwhile, our leaders are busy implementing the same sort of failed class warfare policies from the Soviet Union. How shameful is it that George Bush and many Republicans are to the left of former KGB agent Putin when it comes to tax issues? Putin is drilling his oil and investing the surplus in gold, while our own malignant leaders are letting Cuba drill our oil while we’re spending borrowed ChiCom money on boondoggles for the polar bears.
If Reagan were here today he’d be ashamed of what we’ve become.
ZEF= Our old obnoxious troll Fez. For someone who regularly accuses us of being stupid (Indeed, stereotypes and straw men about us supposedly being stupid make up the entirety of his trolling posts), he himself apparently doesn’t have the brains to come up with a more cerative moniker, so he thinks he can fool us by just reversing the lettering on his old one without changing his deranged, erratic writing style in the slightest.
Freaking imbecile.
So, he sits back and says nothing while Iranian warships head for US Territorial waters, Russia and China and Iran arm Syrian governmental forces in slaughtering the people … oh, joy, the smell of Change! Why is Russia blocking sanctions against Basher al-Assad? Money, pure and simple, investments; Russia, China, and Iran have invested heavily in Assad and they have a vested interest in the West not getting on the ground and seeing what has been, and continues to be, done.
He tells Israel that he is on their side, then tells the Palestinians that as soon as he is re-elected in 2012, he will help them defeat Israel and give them Jerusalem:
“The Obama administration told the Palestinian Authority it cannot significantly help advance a Palestinian state until after the 2012 presidential elections, a top PA official told WND.
The official, however, said the U.S. will press for a Palestinian state quickly if President Obama is re-elected.
‘The main message we received from the U.S. is that nothing will happen in a serious way before the 2012 elections,’ said the official.
The PA official said Obama ‘will not accept the Palestinian request of a state at the (U.N.) Security Council and cannot help on the ground for now.’
‘We were told to wait for Obama’s reelection, and that before then nothing serious will happen for a state,’ the official continued. ‘But after the reelection, the U.S. said the schedule will be short to reach a Palestinian state.’
Obama’s policies toward Israel have been highlighted in local and national campaigns, with many Democrats fearing voters will oppose them due to the perception the president is anti-Israel.
Obama’s treatment of Israel was a significant issue in the recent election of Republican Bob Turner to former Rep. Anthony Weiner’s seat in a district that had not elected a GOP candidate since 1923.’
Also, presidential contenders such as Texas Gov. Rick Perry and Rep. Michele Bachmann, R-Minn., have been strongly criticizing Obama on Israel.”
Adam says: :…he himself apparently doesn’t have the brains to come up with a more cerative moniker, so he thinks he can fool us by just reversing the lettering on his old one…”
no.. I was giving you a hint to the regulars… and hoping to annoy. Playing with your heads…
But really… this is not a place for intelligent conversation and the exchange of ideas… it’s a full on hatefest and sometimes I like joining in and shoving it backatcha.
If it was a serious blog, I would say something like… ” it’s really time to start thinking about dividing this country up… I certainly don’t want you, from what I read, as a neighbor or countryman, and you wouldn’t want me either… so how about we start with you democracy haters succeeding as the original Confederate States of America? Seems a natural.
That would solve 75% of our troubles …don’t you think? Then you can go back to drinking Mint Julips (though now artificially flavored and sweetened with corn syrup) on the porch if you can find enough desperate labor… maybe even get a little “brown sugar” now and then… or today, “off white” or even white sugar… sort of like those good old days of the founding fathers Palin tells us about. Or was it Bachman…? or Newt… ? no it was Santorum… uh… now that I think of it Romney… no Perry… I’m so confused… who is the flavor today again? Cain? Ore was that yesterday? Seems hopeless keeping up.
Anyway …Oh yes …and more snake handling and speaking in tongues and other fear-o-god stuff. And whips.. break out those whips. Back to the good ole days!
“Playing with your heads…”
You lack the mental capacity to play with our heads.
“If it was a serious blog, I would say something like…”
You already DO say that all the time in your trolling, idiot! None of the conservatives here have ever talked about secession, yet you bring it up every chance you can get.
You see, the thing you are apparently too stupid to figure out is that, as annoyed as we are with the far left, we love our country too much to see it completely split apart over differences in opinion.
btw, democracy haters? When have we ever said we hated democracy? It is you on the left that hate democracy, between your constant use of activist judges to pervert the Constitution and go against the will of the American public, and officials and commentators on YOUR side of the political spectrum, not ours, talking about how you think the elections should be suspended. The only “Democracy haters” are those on the left.
From there, you just rely on your typical trolling strategies in the rest of your asinine post:
1. Stereotypes and straw men, of course. Without that, I guarantee we’d never see another post from you, since they are the absolute, undisputed backbone of your trolling.
2. Claiming that we want to reinstate slavery (“Mint Julips on the porch,” “Whips”), even though none of us have ever made that claim.
3. Since you’re a psychotic health food nut who believes that we all must be a bunch of fat, gross slobs even though you’ve never met any of us, inserting the “artificially flavored and sweetened with corn syrup” BS.
4. Claiming that we all belong to churches that practice “snake handling and speaking in tongues and other fear-o-god stuff,” even though only a very, very tiny fringe minority of churches practice those things. Certainly, my church which I’ve been taking a more active role in through helping lead the youth program (I’m a seminary graduate and aspiring minister) has never done any of that, and never will. But, of course, your ignorant anti- Christian bigotry is so deep that in your warped rats’ nest of a mind, you feel that every single American church automatically does those things. If you’d actually step into a church once in a while, you’d see firsthand how full of crap your assumptions and stereotypes are, but I’d imagine you’re too closed- minded and cowardly to even think of doing that.
Get a life, idiot.
Ron Paul Bests Obama in Poll. Don’t hear too much about this do we?
http://finance.yahoo.com/news/Ron-Paul-Bests-Obama-in-bw-3821734650.html?x=0&mwp_success=NONJS_POST_SUCCESS#mwpphu-post-form
Solyndra’s $733M Plant Had Singing Robots, Spa Showers
Moonbattery for the space age: Inside Scientology’s Super Power Building… where worshippers of the controversial religion will be told they can become superhuman
Communist dictator Mikhail Gorbachev takes over .eco domain acquisition process from Al Gore
You made me laugh, now my turn
From The Garden Of Barney Frank
http://conservativeblogscentral.blogspot.com/2011/09/from-garden-of-barney-frank.html
Fed stooge Herman Cain doubles down on lack of audit, calls the suggestion “stupid”
If Cain will not audit the Fed he sure as hell won’t dismantle it and transition our nation to constitutional, sound money.
Eat your heart out sgt schultz
Nice shoes. I wonder if one of Misshell’s hernia belts is a match? They make such a wonderful couple. Truly, truly deserving of one another.
Infrared temperature measurements used to prove global warming don’t even measure heat from greenhouse gases!
AC,
Also, the 9/9/9 tax proposal that Herman Cain espouses bothers me. Adding an additional 9% national sales tax to all of our purchases would be a huge burden. The 9% income tax is misleading. As it is now, we might pay 15% income tax, but that is not on our gross income, it is on the amount of income after subtracting the standard or itemized deductions, the personal exemptions for each person in the family, business and rental losses, and possibly other credits. I think the 9% that he is talking about is on gross income.
I love to hear what Herman Cain has to say, but if I understand it correctly, the 9/9/9 thing is frightening.
@AC:
You need to READ UP ON THIS because, frankly, you’re acting like a zombie moonbat.
Cain said Paul’s fan have “stretched the truth” by accusing him of not wanting to audit the fed.
“I have never said that,” Cain wrote. “I have said: ‘I don’t think you’re going to find anything to audit on the Federal Reserve.’ But they want you to believe that Herman Cain doesn’t want the Federal Reserve to be audited.”
“I get the same stupid question at almost every one of these events,” Cain writes. “I know it’s a deliberate strategy. How can a person randomly show up at a hundred events and ask the same stupid question to try to nail me on the Federal Reserve? It’s really becoming annoying more than anything else.”
This is one of my favorite stories of the day:
“Former Chicago Bears defensive tackle Dan Hampton says he will not be joining his fellow teammates when they visit the White House next month.
Hampton, a member of the Bears 1985 Super Bowl championship team, made the comments on Chicago’s Mully and Hanley radio show Monday.
‘It’s my personal choice,’ the four-time Pro Bowler said. ‘I don’t choose to go.’
Hampton said he was bothered that the invitation did not include players’ wives and children and added, ‘Secondly, I’m not a fan of the guy in the White House, and third, it was 25 years ago. Let it go.’
Obama, an ardent fan of his hometown team, extended an invite to the 1985 Super Bowl Champions last week. The team is scheduled to visit the White House on Oct. 7.
Super Bowl champions are traditionally honored with a visit to the White House. But plans for the 1985 Bears to come to Washington were scrapped when the space shuttle Challenger exploded just days after their victory in January 1986.
‘It basically just rolled off our backs, and now, 25 years later to say, ‘Let’s put the band back together.’ No, I’m not in,’ Hampton said.”
http://www.wlsam.com/Article.asp?id=2297322&spid=
AC, you are correct – it’s 9% of gross income less charitable deductions. Those living in “Empowerment Zones” (inner cities) get additional deductions.
The business tax is also gross income less investments, purchases from other businesses, and dividends paid.
I’m not sold on it.
Senators and Congresspersons do better on the stock market – especially Dems
The group also noted that stocks purchased by Democrats outperform stocks purchased by Republicans.
Festivus,
I think you mean “Jodie” you are correct.
Exactly. 9/9/9 was engineered as a catchy slogan but it only obscures the real issues. He’s bringing more tax filers into the system, not taking them out, which increases the burden of paperwork. Every merchant would now be collecting sales taxes for the Feds in addition to states, even though not all states have sales taxes, and not all merchants engage in taxable transactions. The advantage of a lone consumption tax is that it distributes burden evenly while removing filing requirements and increasing financial privacy for tens of millions of working families with simple W2 income. The consumption tax makes sense if millions of business filers (who already have things like computerized registers and accounting software) replace hundreds of millions of individual filers, most of whom are ordinary individuals without specialized tax skills or the desire to tangle with red tape.
It’s also one more tax. The path of Europe has shown us that small consumption taxes easily get ratcheted up to painful levels. Politicians love robbing the people one extra percent at a time. The anti-tax movement is right opposing the implementation of a consumption tax unless its passage is tied to the repeal of the 16th Amendment.
Ask the smokers or heavy drivers just how small these “small” taxes stay.
The nines alone shouldn’t be trusted for the same reason we should be leery of car dealers who play psychological tricks like advertising cars for $19,995 instead of a more honest $20,000.
The math hasn’t been crunched. Cain has selected a tax rate he thinks he can sell to primary voters.
Why should consumption be magically taxed at the same rate as income? That’s just a bit too convenient and looks a bit too much like marketing instead of substance. When we’re buried in debt and addicted to consumer spending, common sense would suggest we need more incentives to produce a surplus above our consumption.
We can simplify the income tax code without his goofy plan and without creating another new tax. We can also eliminate it altogether.
Rather than gimmicks like 9/9/9, we must first work on a balanced budget amendment and ending the Fed. As long as they can borrow and print the tax rates don’t matter. They could set everything at 2/2/2, print the difference, and export the loss as inflation to working families.
The business tax rate should be a flat 0, because it has been proven time and time again that businesses do not pay taxes, they only collect them (Friedman, et. al.). We need to can the paperwork and anti-competitive stance among our global peers to restart the engine of job creation.
9/9/9 may not pay our bills. If it doesn’t, Cain is retaining the option for deficit spending and money printing. He’s got the cart before the horse. We should be designing a government which is mathematically sustainable then figuring out what it costs to provide that level of service.
Maintaining a gimmick approach to taxes destroys the credibility of the dollar in the eyes of the world. What we should have done is let the Bush tax cuts expire across the board, spreading the burden more evenly, saving the dollar, and bringing more stakeholders to the discussion of the real cut, which would be either to a flat income tax or a flat consumption tax, but not both.
Instead we continue to bob and weave with brackets, loopholes, deductions, exemptions, administrative rules, and eight million words of nonsense in a bloated tax code which not one human on this planet has a complete knowledge of.
The head of this monster is the Federal Reserve, whose loose monetary policy has been to our debt addicted government what cartels are to the drug addicted streets. With an infinitely expandable money supply there will be a shortage of incentive to get things under control, at least up until the tipping point where it all comes crashing down.
Cain won’t even let sunshine into the Fed’s books, let alone talk about restoring sound money. If this man uses words like “stupid” to describe an audit, especially when we’re in the middle of the least transparent administration in this nation’s history, then he is not in touch with Main Street. The American people are tired of the smoke and mirrors.
We need to audit the books of Solyndra, GM, Fannie Mae, Freddie Mac, and the rest of the cesspools of socialist corruption tainted by this administration and previous administrations – and this includes the Fed.
Ooops. Yes, you are correct, Jodie.
Bob Roberts says:
His answer is total, complete, and utter bullshit.
Of the limited information releases we’ve already seen we’ve found tens of trillions in exposure to potentially toxic assets, trillions of dollars in hasty loans and swaps, hundreds of billions lent to foreign banks, countless trashy toxic assets, allegations of cronyism towards money center banks, frontrunning, insider trading, deliberate mispricing, discount window abuse, and so many other stories which have seen mainstream attention (and a hell of a lot more coverage if you read Zerohedge).
What we’ve already seen out of the Fed should result in people being led away in cuffs, if not indicted for treason.
Cain is deflecting with a classic “pay no attention to the man behind the curtain” approach.
He says the questions come up at event after event, month after month.
If he supported an audit it would have been very, very easy for him to put the issue to rest months ago, just as Obama could have stopped the birth certificate issue by releasing one simple piece of paper before the election.
When he refuses to simply state his support for an audit, and instead offers bogus excuses easily disproven with what we already know, that is equivalent to saying no in the most spin-laden, politically approved sort of ways.
If nothing is there to be found then auditors will have wasted a bit of time reassuring the American people that all is sound. We might have to give the axe to one porky stimulus project to pay the auditors.
Fort Knox should be audited for the same reason, not because there is any basis to the conspiracy theories, but because it’s prudent business practice to routinely account for assets (if a corporation followed government non-accounting standards, the execs would be hauled off to prison).
If I as a businessman don’t prepare proper books then I go to jail. If the government doesn’t do it men like Cain call it business as usual and no cause for concern. Something is not right with that attitude.
“Trust, but verify.” – Ronaldus Maximus
Thanks Festivus! But now I have to give the credit to AC, because he did a GREAT job of explaining it – as usual.
Reagan on age.
Reagan on Democrats.
Reagan admits responsibility.
Reagan tells Russian Jokes.
Reagan on socialism, among other things.
Reagan response to obamunism & moonbattery.
Reagan warned us in 1961. We didn’t listen. I hope it’s not too late.
I find the whole issue with Cain and the audit like Obama and Michelle regarding the flag pins and proper protocol for the pledge of allegiance.
When these two continually spun up excuses every time the issue was raised I knew something wasn’t right.
It’s such a simple thing to do, get out of the way, and then move on to other issues.
If he truly believed nothing would be found, he could have come out months ago and said, “Yes, I support Ron Paul’s audit, which is not an issue, because it won’t find anything. We’ll pay for the audit by giving the ax to first class junkets for bureaucrats.”
That is simple, honest, and would have ended it. Instead he chose to act like a politician.
The American people are tired of opaque government. We’re putting all politicians of all parties on truth probation. If they want us to believe something, they had damn well better prove it. If the books are clean, then they can prove it, just as they expect every corporation to do every year.
AC says: September 28, 2011 at 10:25 pm
My point, which you apparently missed, is that Cain has never said he doesn’t agree with the idea of auditing the FED. He says he doesn’t think an audit will turn up anything useful – and I’m NOT suggesting that he does or does not have knowledge to back up that feeling. After all, as we all know, he was affiliated with the FED for a time.
My point is you and others are apparently deliberately misquoting/misrepresenting him and it ruins your credibility when you do so.
Basically you’re dedicated to people (ZeroHedge) who are basing their philosophy on an imaginary character (Tyler Durden) in a fictional HOLLYWOOD movie.
In other words, you’re another moonbat.
Now I’m not saying that I’m OK with toxic assets, complex derivatives, etc. But do you know EXACTLY why these things came into being? Do you know the key link in the chain that caused all this mess in the first place?
I won’t give it away, I’ll let you come up with it, if you can. If you can’t then I’m basically wasting my time because you sound just like all the other moonbats on these issues.
AC says: September 28, 2011 at 10:34 pm
“Trust, but verify.” – Ronaldus Maximus
I agree with you on that one. However, I also suspect Cain knows what he is talking about – an audit will be an exercise in futility because there is no smoking gun there. A waste of time, effort and money. If anyone knows this I suspect Cain does, for reasons stated above.
I like a lot about Paul, but he has some fatal flaws.
And I’m also with you & others in opposition to the 9/9/9 plan. However, we do need to simplify the tax system and reform it in a way that makes tax collection easier/automatic such that the IRS can also be scaled down and we can phase out all the tax lawyers who’s job it is to find loopholes and ways around paying taxes. People like Buffet say they’re willing to pay more, that they believe they should, but when tax time comes around I don’t see them DOING SO – they can write a check to the treasury for whatever amount they want & specify it is to be applied to the national debt, deficit, whatever.
Instead of just complaining about what Cain and others propose, what do EACH OF YOU think we should do with taxes?
Go to a totally consumption based tax? Someone claimed that would be unfair because, they claimed, the rich don’t consume, only the poor do. Do you agree or disagree with that claim?
Go to a flat tax?
Eliminate income and capital gains taxes and replace them with targeted things like gasoline taxes (i.e. a consumption tax), registration fees (for vehicles), and other things that more directly target those who use a good, service or whatnot.
Should we ALL pay school taxes or just those of us who have children (or adults) who are going to school?
Why should people who don’t own cars help pay to keep up roads and bridges?
Should the money from gas taxes be redistributed to pay for mass transit systems the people that bought the gas likely may never use or should it be directed to the roads and bridges they likely will?
These are the sorts of questions I’d like to see you discussing – stop just whining about what Cain or someone else said and start coming up with solutions.
We know that social security and medicare will fail within our lifetimes if major reforms, which will affect future beneficiaries, are not enacted soon. How does that make you feel?
Do you like or dislike how the AARP is using false scare tactics to try to defeat necessary reforms of these federal ponzi schemes?
How would YOU fix the problems?
That’s what I want to know.
Pasty white Caucasian – who identifies as Aboriginal Australian, was ‘shocked’ to ‘discover’ that Aborigines are black, so now is a victim – wins prizes reserved for Aborigines and Black Women respectively
No matter what ideas we have for simplifying and/or changing the tax structure, I don’t want to change anything as long as Obama is in power. He will sell it as a fairer or simplified thing and then turn it into something devastating and evil. We have to get him out before we can even breathe again.
Actually now that I read the long post you made above you agree with me on a lot of this:
“The path of Europe has shown us that small consumption taxes easily get ratcheted up to painful levels. Politicians love robbing the people one extra percent at a time. The anti-tax movement is right opposing the implementation of a consumption tax unless its passage is tied to the repeal of the 16th Amendment.”
Agreed!
“bringing more stakeholders to the discussion of the real cut, which would be either to a flat income tax or a flat consumption tax, but not both.”
Agreed.
“Instead we continue to bob and weave with brackets, loopholes, deductions, exemptions, administrative rules, and eight million words of nonsense in a bloated tax code which not one human on this planet has a complete knowledge of.”
Also agreed!
“we must first work on a balanced budget amendment”
Yes, no more “debt limit raises” – set it at ZERO and KEEP IT THERE! A limit that gets raised every time you approach it is no limit!
However, you went seriously astray as well:
“What we should have done is let the Bush tax cuts expire across the board”
There you’re arguing we should go back to an incentive killing progressive system. Now it’s true the “Bush tax cuts” (Congress passed them, not Bush, so why are they called that?) did not completely do the job by establishing a flat tax and getting rid of all the other nonsense in the tax code, but at least they were a move towards equalizing tax rates.
“The head of this monster is the Federal Reserve, whose loose monetary policy has been to our debt addicted government what cartels are to the drug addicted streets. With an infinitely expandable money supply there will be a shortage of incentive to get things under control, at least up until the tipping point where it all comes crashing down.”
It is not the Federal Reserve System that is to blame – rather it is the foolish policies and practices of some of those running it. Why was the system created in the first place? Has it suffered from “mission creep”? What would be the potential down side were we to abolish it?
And, most important, is the FED making or losing money?
You see, one of the big problems I have with your statements regarding the FED is they suggest you’re spewing talking points, not facts based on a careful study of reality. And please stop making the mistake of blaming Presidents for either tax or spending issues. I hope we both know that blame goes directly to Congress.
Crazy.
Pretty soon AC and Bob are going to need to get a room.
Just kidding! That’s what I do!
Jodie says: September 28, 2011 at 11:20 pm
No matter what ideas we have for simplifying and/or changing the tax structure, I don’t want to change anything as long as Obama is in power.
———
I understand, but I disagree. Obama may TRY to change things for the worse but he won’t SUCCEED unless Congress & the Courts AND THE PEOPLE let him. Signs are pretty clear that enough people are tired of him changing things for the worse that we’re not going to let it happen any more. People like Reid, Pelosi, Frank and their ilk may try along with Obama but it’s up to the rest of us to prevent them from succeeding.
Meanwhile, can we afford NOT to start fixing things NOW? I say NO. However, I admit that until we consolidate control of the House, gain control of the Senate and take back the White House it’s going to be difficult BUT NOT IMPOSSIBLE.
I don’t think we can afford to wait to start TRYING. We need to show these moonbats for what they really are. We need to start framing the debate and getting the ideas & arguments out there.
We cannot afford to wait.
AC has some good ideas even if he’s allowing himself to be side-tracked and distracted on some issues.
Jodie says: September 28, 2011 at 11:26 pm
Pretty soon AC and Bob are going to need to get a room.
——-
Actually I think we agree on more than either of us know – there are a few fine points where perhaps we need to duke it out a bit, but overall maybe I went off a little too hasty based on some of the things he said that I usually get from the battiest of moonbats.
Three Books, One Worth a Read, Two Worth the Trash: Kennedy’s and Palins
In recent weeks, three books have hit the literary market, one a revealing collection of the thoughts of Jackie Kennedy Onassis, the other two gossipy collections of rabid drivel written and published out of spite and animosity. . . .
When it comes to hatchet jobs and unmitigated squalor, no recent writing surpasses the venture into the arena of political and character assassination better than Joe McGinness’ salacious book about Sarah Palin and her family. With just a few tweaks and a few more graphic lies, McGinness’ The Rogue: Searching for the Real Sarah Palin could rival Fanny Hill and Tropic of Cancer.
McGinness began his quest for Palin dirt two years ago by renting a house adjacent to the family property in Wasilla, Alaska, so close that the Palins had to erect an 8 foot fence to keep Peeping Joe from spying on the family and leering into their daughter Piper’s bedroom.
He denied he could even see her bedroom–meaning he must have looked for it–and Todd Palin paid him a visit.
Like any snake, McGinness reacted angrily when he was stepped on and said, “He came over to get in my face about moving in there. I said, ‘You’re not even going to know I’m there. . . . I mind my own business. I don’t care what happens on your side of the fence. That’s not why I’m here.’ “ (http://aol.it/9EZTQj)
Wasilla’s population is just shy of 8,000 and covers an area of almost 12 square miles but McGinness chose to rent next door to the Palins. Of course, he didn’t care what happened over at the Palins. It was simply coincidence that he ended up their neighbor and rumors of the binoculars on his windowsill are just rumors.
Apparently, Peeping Joe didn’t see nearly enough to fill a book so he proceeded to fill The Rogue with other rumors and innuendo. . . (Read more at http://www.genelalor.com/blog1/?p=5551.)
Bob,
Well, I enjoy both of your posts and you’re not that far apart – it’s obvious you both just care about this country.
@Delia:
Possibly… Probably!
Most of those with no health insurance either don’t need it or don’t want it
Berkeley commies protest College Republican Bake Sale:
http://pajamasmedia.com/zombie/2011/09/27/racist-cupcakes-berkeley-erupts-over-affirmative-action-satire/?singlepage=true
I think the screaming communist at the 4:00 minute mark in the video is lao.
Quit cryin’ and complainin’
Hey Maxine…
President Barack Obama’s Complete List of Historic Firsts [Updated]
Yes, he’s historic, alright.
• First President to Preside Over a Cut to the Credit Rating of the United States Government
• First President to Violate the War Powers Act
• First President to Orchestrate the Sale of Murder Weapons to Mexican Drug Cartels
• First President to be Held in Contempt of Court for Illegally Obstructing Oil Drilling in the Gulf of Mexico
• First President to Defy a Federal Judge’s Court Order to Cease Implementing the ‘Health Care Reform’ Law
• First President to Require All Americans to Purchase a Product From a Third Party
• First President to Spend a Trillion Dollars on ‘Shovel-Ready’ Jobs — and Later Admit There Was No Such Thing as Shovel-Ready Jobs
• First President to Abrogate Bankruptcy Law to Turn Over Control of Companies to His Union Supporters
• First President to Bypass Congress and Implement the DREAM Act Through Executive Fiat
• First President to Threaten Insurance Companies After They Publicly Spoke out on How Obamacare Helped Cause their Rate Increases
• First President to Threaten an Auto Company (Ford) After It Publicly Mocked Bailouts of GM and Chrysler
• First President to “Order a Secret Amnesty Program that Stopped the Deportations of Illegal Immigrants Across the U.S., Including Those With Criminal Convictions”
• First President to Demand a Company Hand Over $20 Billion to One of His Political Appointees
• First President to Terminate America’s Ability to Put a Man into Space.
• First President to Encourage Racial Discrimination and Intimidation at Polling Places
• First President to Have a Law Signed By an ‘Auto-pen’ Without Being “Present”
• First President to Arbitrarily Declare an Existing Law Unconstitutional and Refuse to Enforce It
• First President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory
• First President to refuse to comply with a House Oversight Committee subpoena.
• First President to File Lawsuits Against the States He Swore an Oath to Protect (AZ, WI, OH, IN, etc.)
• First President to Withdraw an Existing Coal Permit That Had Been Properly Issued Years Ago
• First President to Fire an Inspector General of Americorps for Catching One of His Friends in a Corruption Case
• First President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to Bid on Government Contracts
• First President to allow Mexican police to conduct law enforcement activities on American soil
• First President to Golf 80 or More Times in His First Two-and-a-Half Years in Office
But remember: he will not rest until all Americans have jobs, affordable homes, green-energy vehicles, and the environment is repaired, etc., etc., etc.
Too much of a good thing?
Obama to his “Free Ride” contituents:
Get off your asses, turn off your 55″ HD TV, and come earn your free chit by getting me re-elected! Otherwise, rich whitey is gonna take your free chit and you’ll have to get a real job.
Don’t know if this has been posted yet or not, but it took a while for even Fox to start talking about it
http://www.foxnews.com/world/2011/09/28/iranian-pastor-faces-execution-for-refusing-to-recant-christian-faith/
Nanny Bloomberg: ‘Government’s Highest Duty’ Is to Push ‘Healthy’ Foods
We are quickly approaching the point of needing to pick a warm body to support for the office. I get that Cain has problems, so does Perry, Huntsman (just a joke), and the rest of the crew. I ain’t even a Republican, I am actually a libertarian (who strays from the pure religion due to differences regarding drugs, and other issues). But I have to vote for a viable candidate. If possible I would like to see the Generic candidate run. He seems to win all the polls, and that candidate is perfect, no one ever complains about it. Bachman, Palin, Christie, Rubio, Cain, Huntsman, Gingrich, Perry, and the rest all have holes either on the moral side or the performance side. Since they have not perfected cloning we can not get Ronaldus back (would a clone be able to hold the office, term limits, etc?). It is approaching down to the wire time, someone has to get picked so they have time to bury the carnage of the prelims and focus on the big race. All the crap spewing from the other side concerning the fractures within the Demoncraps appears to be manufactured to me. A little Sun Tzu if you will, “Appear weak when you are strong, and strong when you are weak”. Or the Russian term “Maskirovka” comes to mind. They tease us with dissension while quietly building a financial war chest like none have ever seen before. Personally my favorite is not running and is likely too smart to run (making her the most qualified person in the US to be President, Condoleezza Rice).
/End Rant
Berlet98 says:
At least that idiot is finally getting sued. It is simply amazing how violently the left reacts to Sarah Palin, she’s easily the most dangerous person to ever confront the left. Calls for her death, rape of her children are all commonplace and accepted jokes in the media.
Obama Regime Approves $737 Million “Loan” to Solar Company Where Pelosi’s Brother In Law is a Top Executive.
But, remember, crony capitalism and payouts to connected politicians are crucial to competing with China.
ATF Fast and Furious guns turned up in El Paso
http://www.latimes.com/news/nationworld/nation/la-na-atf-guns-20110929,0,201277.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fnews%2Fnationworld%2Fnation+%28L.A.+Times+-+National+News%29
Obama ducks questions on Fast & Furious from Latino media.
http://dailycaller.com/2011/09/28/obama-evades-fast-and-furious-questions-from-latino-media/
Sarah Palin: Now He’s Blaming Europe.
http://www.facebook.com/note.php?note_id=10150312322078435
I always knew believing in a magic sky god was little help in dealing with reality, but……..
“How Conservative Politicians Wait for God to Fix the Economy, With Frightening Results”
”
“….study found that a sizable minority share a uniquely faith-based view of how the economy functions, believing that both good and bad outcomes are an expression of God’s will, and are therefore beyond the reach of mere mortals.”
http://www.alternet.org/belief/152538/how_conservative_politicians_wait_for_god_to_fix_the_economy%2C_with_frightening_results/?page=1
Better get to praying a bunch more and maybe a little snake handling, tongue speaking and Jesus blood drinking would help too, all you “exceptional american” BATSHITCRAZIES!
ZEF, and where is your faith? In the POLITICIANS that cause the ‘good and bad outcomes’? I suppose your faith tells you that the government has screwed up the system, so the only solution is MORE GOVERNMENT.
In dealing with reality, a “magic sky god” is much more rational than you!
More of the vaunted Obama Transparency: “The Department of Health and Human Services’ just-released media policy makes it official that staff members and reporters are forbidden to speak to each other without reporting to public information officers and supervisors. “.
He’s running for political office, which means he’s playing by the rhetorical rules of politics.
What he did is textbook non-denial denial.
I am sick of spinny answers like the one he gave. The answer to whether he wants to audit the Fed should be a straight yes or no. I’m fed up with politicians who can’t give a straight answer. He keeps hearing the question because he keeps avoiding the question.
Cain was affiliated with a regional branch long before Helicopter Ben started loading up on toxic assets. Even if Cain were 100% honest and medically unable to tell a lie, he would have no way of knowing what is going on behind Ben’s curtain.
We’ve already seen released hint at the problems. Did you know the Fed is lending money to Libyan banks? Did you know it owns the Red Roof Inns?
Did you know Cain supported TARP?
It’s his credibility which is shot because he can’t give a straight answer.
Do you read ZH? Do you know the people there? Nobody is taking any cues from a movie. Fight Club may provide a convenient metaphor and theme but the driving force behind the site has nothing to do with movie worship. You’re confusing cause and effect.
ZH is an extremely influential financial blog because it has a nasty habit of being right all the time. You’d be surprised who reads it and with whom the pseudonymous blog carries currency.
Now that’s funny.
Yes, I do. I helped put a lot of them on the books, something which I’m not proud of.
The Fed hoovered up the garbage after firms went bust.
I’ll go back to the earlier example – did you know the Fed owns the Red Roof Inns? You knew taxpayers owned GM. GM was a very visible political debate. The Fed acquired RRI debt in total secret during the Lehman Brothers aftermath then coverted it to equity when the chain went busto.
You realize I want the manipulative Fed eliminated so we can return to a gold standard, right? Gold is the antithesis of deficit spending and statist Keynesian moonbattery.
If an audit is futile then he needs to support it to reassure the public.
When I tell the IRS my taxes are in order they audit me anyway to discover exactly that.
Bernie Madoff told the SEC an audit was futile because he was honest and everything was in order. The SEC believed him.
Let the Fed play by the same rules as the rest of us. What bothers me here is Cain’s refusal and evasion of a simple “yes.”
I support Paul because of his stance on economic issues, from the Fed to taxes to spending. His open contempt for our insane monetary policy is what brought me to him; most of the Paul supporters out there were brought to hate the Fed by Paul. I will put up with the quirks because he is the only one who understands the state of the economy and is willing to support the decisive measures needed to fix it.
He’s far from a perfect candidate, but he’s the only one saying what needs to be said, and he’s been saying it for so long that he has a great deal of authenticity, unlike Perry-come-lately.
Our monetary policy is the moonbattery, not my opposition to it. Our moonbatty monetary policy has continued under Democrats and Republicans alike. We’re buried in debt, faced with enormous deficits, and sitting seemingly helplessly while the dollar crumbles and jobs evaporate. Men like Paul who believe in sound money and who have never voted for deficit spending didn’t create this mess.
If we don’t fix the deep-seated problems with our economy and our monetary policy then we will leave to our children a legacy of depression and inflation. If we don’t fix the problems then they will be born into a society of ruined dreams.
The fatal flaw with everybody else is that they’re economically weak and will pass on a legacy of post-Soviet misery to our children by continuing our business as usual economic policies.
Apparently DWF (Driving While Female)is a punishable offense in Saudi Arabia:
http://www.syracuse.com/news/index.ssf/2011/09/saudi_woman_to_get_10_lashes_f.html
I’m sure the “Religion of Peace” sympathizers in the US will either completely ignore this, or speak of how the women want to not be able to drive under threat of a public beating.
Not quite. Letting them expire would have immediately shored up the dollar and prevented further slides in our purchasing power.
With the taxes being “too damn high” across the board there would have been the public awareness and motivation to hold politicians to reforming the system completely.
Instead, they extended the cuts which continue sheltering half of households from paying any meaningful amount of Federal tax.
As long as that continues we won’t be able to have a meaningful debate on tax reform.
I don’t believe the pre-Bush levels were good. What I do know is that letting them expire would have shored up our currency immediately and provided a good stepping stone to reform through either a flat income tax or a flat consumption tax. Instead, politicians extended the progressive bracket system under the Bush rates and called it reform.
My opposition here is to the phony solutions which placate people and distract them from the real solutions. The Bush cuts may have been a step in the right direction but they continued a fundamentally flawed, overcomplicated, job killing tax system.
If the Bush tax cuts expired, and real conservatives (not RINOs) pushed for total tax overhaul instead of business as usual then they could have held Democrats’ feet to the fire on the issue of reform. Let the statist Democrats be the party of no when it comes to tax reform.
Instead, the tax reform debate was totally shelved to fight over tax increases for the rich. Every American family lost out on the hope of a simpler and more just tax system when Democrats took control of the debate and shifted it to class warfare.
The Federal Reserve itself is to blame because it gives the power of monetary manipulation to human beings.
It’s very purpose is interventionist meddling. The justification was a smoothing of the business cycle. The Fed has only made things worse.
The downside is that we can no longer use it as a Ponzi slush fund to hide our economic problems. Sound money tends to expose those problems, whereas the coverup artists need the printing press.
The answer is to return the issuance of gold-backed money to the US Treasury, as our founders intended.
That question begs an audit, doesn’t it?
The Fed is destroying public wealth, regardless of on-book accounting shenanigans. Their ability to remit conjured money to the Treasury is meaningless in light of their ability to rob it from savers through control of the interest rate mechanism. One must also wonder whether said accruals are actuarially sound or whether they’re the result of high risk writing of uncovered options like was done at AIG.
The little we’ve seen out of the Fed so far has been bad. Even if everyone there is acting in good faith they’re still going about their meddling in a very opaque manner.
Side-tracked?
If the economy goes down the drain then it’s the rest of the issues which don’t matter. Ron Paul’s stance on gay marriage being a state issue won’t matter one iota when families are ripping up benches from the parks to burn for heat, in the absence of money to buy proper fuel.
If we continue the course we’re on our fate will be the same as the Soviet Union for the same reasons. We should be learning from history, not repeating it. The central planning has to stop and the engine of job creation must be started, not scapegoated.
Genius Janeane Garofalo: Racist Republicans Support Herman Cain.
The time for half-measures has passed. It is too late to implement better rates on a fundamentally broken tax system, a bit more benevolence in a fundamentally destructive central bank, or minor trimming around the edges of a fundamentally bloated government.
We need a candidate who will uproot the weeds, not prune them.
After learning from its mistakes, Russia implemented a flat tax and has seen an upswing its economy despite the corruption. Meanwhile, our leaders are busy implementing the same sort of failed class warfare policies from the Soviet Union. How shameful is it that George Bush and many Republicans are to the left of former KGB agent Putin when it comes to tax issues? Putin is drilling his oil and investing the surplus in gold, while our own malignant leaders are letting Cuba drill our oil while we’re spending borrowed ChiCom money on boondoggles for the polar bears.
If Reagan were here today he’d be ashamed of what we’ve become.
ZEF= Our old obnoxious troll Fez. For someone who regularly accuses us of being stupid (Indeed, stereotypes and straw men about us supposedly being stupid make up the entirety of his trolling posts), he himself apparently doesn’t have the brains to come up with a more cerative moniker, so he thinks he can fool us by just reversing the lettering on his old one without changing his deranged, erratic writing style in the slightest.
Freaking imbecile.
So, he sits back and says nothing while Iranian warships head for US Territorial waters, Russia and China and Iran arm Syrian governmental forces in slaughtering the people … oh, joy, the smell of Change! Why is Russia blocking sanctions against Basher al-Assad? Money, pure and simple, investments; Russia, China, and Iran have invested heavily in Assad and they have a vested interest in the West not getting on the ground and seeing what has been, and continues to be, done.
http://msmignoresit.blogspot.com/2011/09/syria-iran-and-russia.html
ZEF = Zero Erectile Function
One Georgia School District Pulls Islamic Pro-Misogyny Lessons….and why was it in there in the first place???? AND ON THEIR WEBSITE TOO???????
http://atlasshrugs2000.typepad.com/atlas_shrugs/2011/09/georgia-public-schools-antisemitic-curriculum-.html
Obama hones his taqiyya (lying) skills by telling us one story and then saying the opposite to Latinos and Muslims:
After bragging to America that he deported more illegals than George Bush did, he tells the Latinos not to worry – those silly statistics aren’t true:
“President Pander: Statistics Are ‘Deceptive’… Obama Tells Latinos — Don’t Worry We Are Not Actually Deporting More Illegals Than Bush”
http://www.theblaze.com/stories/president-pander-the-statistics-are-actually-a-little-deceptive-obama-to-latinos-dont-worry-we-are-not-actually-deporting-more-illegals-than-bush/
He tells Israel that he is on their side, then tells the Palestinians that as soon as he is re-elected in 2012, he will help them defeat Israel and give them Jerusalem:
“The Obama administration told the Palestinian Authority it cannot significantly help advance a Palestinian state until after the 2012 presidential elections, a top PA official told WND.
The official, however, said the U.S. will press for a Palestinian state quickly if President Obama is re-elected.
‘The main message we received from the U.S. is that nothing will happen in a serious way before the 2012 elections,’ said the official.
The PA official said Obama ‘will not accept the Palestinian request of a state at the (U.N.) Security Council and cannot help on the ground for now.’
‘We were told to wait for Obama’s reelection, and that before then nothing serious will happen for a state,’ the official continued. ‘But after the reelection, the U.S. said the schedule will be short to reach a Palestinian state.’
Obama’s policies toward Israel have been highlighted in local and national campaigns, with many Democrats fearing voters will oppose them due to the perception the president is anti-Israel.
Obama’s treatment of Israel was a significant issue in the recent election of Republican Bob Turner to former Rep. Anthony Weiner’s seat in a district that had not elected a GOP candidate since 1923.’
Also, presidential contenders such as Texas Gov. Rick Perry and Rep. Michele Bachmann, R-Minn., have been strongly criticizing Obama on Israel.”
http://www.prophecynewswatch.com/2011/September29/2911.html
Radio Ad Asks Why Virginia’s Leaders Are Silent as President Obama Bypasses Congress to Allow Illegal Aliens to Apply for Work Permits and Take Jobs
PRNewswire
http://prn.to/nQdUiZ
These IDIOTS are teaching our children….
Check out this TOOL’S name….bwahahahah.
http://abclocal.go.com/kfsn/story?section=news/state&id=8372183
Repeal the Patient Protection and Affordable Care Act and pass a law that can really improve care and reduce the deficit
https://wwws.whitehouse.gov/petitions#!/petition/repeal-patient-protection-and-affordable-care-act-and-pass-law-can-really-improve-care-and-reduce/pxL7v9KD
Adam says: :…he himself apparently doesn’t have the brains to come up with a more cerative moniker, so he thinks he can fool us by just reversing the lettering on his old one…”
no.. I was giving you a hint to the regulars… and hoping to annoy. Playing with your heads…
But really… this is not a place for intelligent conversation and the exchange of ideas… it’s a full on hatefest and sometimes I like joining in and shoving it backatcha.
If it was a serious blog, I would say something like… ” it’s really time to start thinking about dividing this country up… I certainly don’t want you, from what I read, as a neighbor or countryman, and you wouldn’t want me either… so how about we start with you democracy haters succeeding as the original Confederate States of America? Seems a natural.
That would solve 75% of our troubles …don’t you think? Then you can go back to drinking Mint Julips (though now artificially flavored and sweetened with corn syrup) on the porch if you can find enough desperate labor… maybe even get a little “brown sugar” now and then… or today, “off white” or even white sugar… sort of like those good old days of the founding fathers Palin tells us about. Or was it Bachman…? or Newt… ? no it was Santorum… uh… now that I think of it Romney… no Perry… I’m so confused… who is the flavor today again? Cain? Ore was that yesterday? Seems hopeless keeping up.
Anyway …Oh yes …and more snake handling and speaking in tongues and other fear-o-god stuff. And whips.. break out those whips. Back to the good ole days!
“Playing with your heads…”
You lack the mental capacity to play with our heads.
“If it was a serious blog, I would say something like…”
You already DO say that all the time in your trolling, idiot! None of the conservatives here have ever talked about secession, yet you bring it up every chance you can get.
You see, the thing you are apparently too stupid to figure out is that, as annoyed as we are with the far left, we love our country too much to see it completely split apart over differences in opinion.
btw, democracy haters? When have we ever said we hated democracy? It is you on the left that hate democracy, between your constant use of activist judges to pervert the Constitution and go against the will of the American public, and officials and commentators on YOUR side of the political spectrum, not ours, talking about how you think the elections should be suspended. The only “Democracy haters” are those on the left.
From there, you just rely on your typical trolling strategies in the rest of your asinine post:
1. Stereotypes and straw men, of course. Without that, I guarantee we’d never see another post from you, since they are the absolute, undisputed backbone of your trolling.
2. Claiming that we want to reinstate slavery (“Mint Julips on the porch,” “Whips”), even though none of us have ever made that claim.
3. Since you’re a psychotic health food nut who believes that we all must be a bunch of fat, gross slobs even though you’ve never met any of us, inserting the “artificially flavored and sweetened with corn syrup” BS.
4. Claiming that we all belong to churches that practice “snake handling and speaking in tongues and other fear-o-god stuff,” even though only a very, very tiny fringe minority of churches practice those things. Certainly, my church which I’ve been taking a more active role in through helping lead the youth program (I’m a seminary graduate and aspiring minister) has never done any of that, and never will. But, of course, your ignorant anti- Christian bigotry is so deep that in your warped rats’ nest of a mind, you feel that every single American church automatically does those things. If you’d actually step into a church once in a while, you’d see firsthand how full of crap your assumptions and stereotypes are, but I’d imagine you’re too closed- minded and cowardly to even think of doing that.
Get a life, idiot.