Our Budget Explained And Other Tid Bits

This video explains what is happening in DC and how they play games with our budget in order to keep spending. It makes it quite simple for those among us who think that the government has an unending supply of money or that the money comes from Obama’s “stash.” Though to be quite honest Congress has given Obama a stash of money called the stimulus and it was used to pay off those to whom he owed favors…

When you are done watching that it should be obvious that the recent vote to increase the debt did not do us any good. Since this has been going on for about 100 years it should also come as no shock that they will not fix it and they will not work to fix it. They will continue to use budget gimmicks and accounting tricks to hide the problem until it bites us in the rear end.

At that time we will not be able to fix things and the social programs that liberals love to spend on will go away. Once we can no longer afford them and once we can no longer borrow to pay for them they will have to go away. It is that simple and there will be a lot of unhappy people who have been clueless and do not see it coming. Whether we default or not is a matter of whether we can pay our creditors. As long as we can pay them we are not in default but we will end up eliminating a lot of social programs that we can no longer afford because these morons and their enablers in the hands out crowd did nothing to rein in spending.

Thanks to what they did this week our borrowing immediately surpassed 100% of GDP. That is a recipe for disaster.

Liberals talk about the need to raise the debt ceiling and continue to borrow as a matter of national security. Al Franken and the other morons say that the GOP stance was an invitation to terrorists but the reality is that these people are inviting our enemies in the door. If China decided to cash in what we owe them and demand payment we would be in serious trouble and they could bankrupt us. We would default on that debt and we would have real issues that make the last Obama invented crisis look like a carnival. China will continue to take on more of our debt until the right time for it to pounce on us by demanding payment.

Then we will see how the politicians betrayed us and Franken can stand at the door of the Capitol and hold the welcome sign.

The market will be unsettled through all this and we are either in or heading for a second (or double dip) recession. Some like to claim that this claim has been made so much that if it happens it would be a see I told you so (like predicting rain every day, eventually you would be right) but I said last year that we would hit a double dip in the latter part of this year. It was not a monthly or daily prediction, it was a prediction of what would happen later in 2012 and it looks like we are heading in that direction. The reason for this is the Obama policies.

They are job and economy killers. It is that simple because the policies of Obama have been tried by other big government politicians in the past and they have failed. The New Deal did not fix things (it made them worse) and WW II was the only thing that pulled us out of the Depression. The New Deal helped to add to our present day miseries because it created a class of people dependent on government (this was by design) and LBJ completed this by enslaving minorities to government.

All at a cost to the taxpayers. All at a cost to our national security and all at the eventual risk of our sovereignty.

I do think though, that we can help with some of the budget. They should pass a law that all of the millionaires and billionaires (the real ones not the phony definition Obama uses to sock the middle class) who support Obama with money or by attending his birthday party should be taxed at 100%. Congress should pass a law that those millionaires and billionaires and only those should be required to turn in 100% of their income to pay off the debt.

They claim they want to pay more and they are rich enough. They can afford it and it is their patriotic duty. Yes, I like it. Only the Obama supporting rich will be taxed at 100%.

This will solve our problems and how could any liberal object, the liberal rich need to pay their fair share.

It is for the children…

UPDATE: Look who endorsed Obama for reelection.

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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Fictionary

Today’s word definitions and misnomers, in no particular order.

Our current state of affairs and use of language often cause me to ponder. Most recently, maybe we’re all pondering the criminal justice system.  Maybe the lesson of the Orlando jury’s verdict is that we are too used to being lied to?

For example:

Raise the debt ceiling – What ceiling? It’s always being raised. It’s not like the glass ceiling that you couldn’t break. This one is flexible. Government makes its own rules. Let’s try that at home, folks. When we’re in debt, we’ll raise our credit line. That will work!

Rich is defined today as evil and highly taxable. I’ve even heard the rich called lucky and lazy—Wrong! Do you remember when rich was a worthwhile goal, the American dream, something positive that benefited everyone–not just the person getting rich?

Secretary of the Treasury – No, he can’t be! He wants to fix a spending problem by giving the spenders more money….to spend. He seems to have no clue that high tax rates destroy the economy or that big government (he) is the problem.

Undocumented worker – A euphemism for an illegal immigrant who is illegally hired by an unlawful employer.

Immigration – Currently this term is used by the media to represent everyone that is here from another country, completely ignoring the status of the immigrant. We continuously hear the word immigration when the talking heads are really speaking about illegal immigration. Illegals are not American citizens – they cost American citizens billions of dollars.

Which conjures up another term:
Homeland Security – At the same time that we citizens (including 95-yr old Grannie) are being abused, humiliated and “felt-up” in airports by TSA employees, we like to think no radical terrorists are slipping in our porous border on the south along with that stream of illegals.

Green jobs – Where are they, again? GE sure got some green – zero tax liability. Consumers and taxpayers will lose lots of green over green jobs.

Environmental Protection Agency – Extort Peoples’ Assets (When Al Gore pitches a tent and rides a bike, we shall consider that he is correct.)

Employee Free Choice Act – Complete irony for coercion to vote “yes” for the unions = no free choice.

Stimulus Package – This incredibly obvious misnomer is actually very apropos–it stimulated government waste and the national debt.

Economist – Where is the administration official who has any business experience and has ‘economist’ on his resume? An economist ought to know how business works, not how government works. Oh, sorry, I forgot…government does not work. Unlike business, government can spend ad nauseum, print more money and still stay “in business.”

The Federal Reserve – We are learning to suspect anything labeled “federal” and sure don’t think we have a “reserve.” A supposed smart economist says,  “We don’t have a precise read on why this slower pace of growth is persisting.” Here’s just one clue why (or, the reality I see): We’ve become a socialistic society and economy with leadership that encourages class warfare and insists that government can fix everything…with more spending! We are becoming Greece and France where double digit unemployment, out of control national debt and misery are common stagnations. This slow pace is not recovery; it is socialistic stagnation.

Affirmative Action – One example of what this really meant: Your government would get to decide who gets into medical school based on race quotas. Do you want your doctor to be someone who was a good Black student or one of the smartest in his/her class…regardless of race? That really is reverse discrimination. Forget about someone’s intelligence, grade average, potential and credentials; let’s make sure the race percentages are right! Life needs to be fair! And, your government will provide the rules and regulations to make it fair!

National Education Association – Does the NEA represent education or does it represent teachers’ benefits? They’re a union, so that pretty much answers the question. Behold the huge Atlanta scandal. Can the state of California afford to pay their current teachers while they honor the previous union contracts for retired teachers’ pension and health insurance benefits? Nope! Seems NYC has same huge issues with United Federation of Teachers “Union.”  Each year we hear we need to spend more on education and the school dropout rate goes up! Hello!

Here’s an individual responsibility thought to mull over: Make the parents/guardians accountable for their kids that are using our public education system: late for school twice in one month: fine the parents; no homework done twice in one class in one week: fine the parents; lack of respect for the teacher/administrator/staff member—by disrupting the class or foul language: fine the parents. Taxpayers don’t need to pay for students that don’t show up, don’t participate and behave badly!

Remember the definition of insanity. We sure have to change our ways if we expect anything to change…for the better!

CoolCat
CoolCat

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No One Likes To Pay More Taxes, Even Liberals

For all the talk that we get from liberals about how it is patriotic to pay our “fair share” of taxes and how the wealthy need to step up and bear some more of the burden, there sure are enough of them who do what they can to avoid taxes. We already know that many liberals claim that they do not pay enough in taxes and that they believe they should be paying more. Bill Clinton has stated this several times but there is no indication that he ever sent a check to the Treasury to help retire the debt. Anyone can do it.

There was a group of liberal college professors (redundant alert) who decided that they were mad because the government extended the Bush tax cuts for everyone. They have started to give their money to charity and are encouraging the wealthy to donate so it can go to help the peeps. They seem to have discovered that the individual and private entities are better at charity than the government and, in a bit of irony, they also get a tax write off to avoid paying more of what they think the rich should be paying…

Now it looks like the city of New York is going after people who they think might be cheating on taxes. If a person lives in New York City for more than 183 days then that person must pay NYC taxes. Being in the city for any part of the day counts as a day. Many wealthy people who have business in the city and own a place to live there “claim” they are not in the city for 183 days thus avoiding the tax which is quite high. The taxing authority audits these folks to see and scours for parking violations and other evidence that the people were in the city just to make the folks pay their taxes. Of course, most of these people are in the city for 183 days or more but they lie to avoid the taxes.

Now those folks, which includes Alec Baldwin, will have to attest to the fact that they are not in the city more than 183 days and if they are caught in a lie they will be committing another crime. Yes, Alec Baldwin, the big time liberal tells New York that he is not in the city enough to pay the taxes. What with a place in the Hamptons and all…

Liberals love to talk about tax increases as long as those increases are put upon someone else and not them. Taxes are for the riff-raff and not the elite of the liberal establishment.

So typical of liberals, do as I say and not as I do.

Rush Limbaugh and Derek Jeter moved out of the city (Limbaugh out of the state) to keep from being harassed. Before people say Limbaugh was avoiding taxes, he was audited every year for more than a dozen and they never found he was in the city for more than the 183 days (he paid the proper amount of taxes). He spent most of his time in Florida so he just moved there completely. Seems like a lot of rich people are migrating to states where the taxes are lower (or there are no taxes at all).

Source:
New York Daily News

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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Then Why Should The Rich Pay Social Security?

Social Security is a bad program that has gotten worse over the years. It is designed to keep people enslaved to the government by taking money from them while they earn and then giving them a small retirement when they end their working careers. This deprives them of the opportunity to save and invest the money on their own, a step that would actually allow them to earn much more money and allow them to say what is done with it.

The Supreme Court has ruled that no one has a legal right to Social Security benefits. This is a bad decision but it looks like it will play out that way in the long run. Social Security is broke and there is no reasonable way to fix it. There will be no money left for those who are paying today.

A Democrat Policy Group is recommending that Social Security be fixed by denying payments to those who are wealthy when they retire. If you have the brains to put money away and save for retirement and happen to do well then you might not get the benefit that you paid into for all of your working career.

In what world is this fair?

Why should the rich pay into Social Security (or a person who is not particularly wealthy during his working career but saves a lot) only to be denied the money when they retire? What rule allows for the confiscation of a person’s money and then the redistribution of that money to others?

Why should the rich pay into Social Security? To top it off, the plan calls for higher Social Security taxes and raising the income level (the cap) on which it is collected. Why would people pay into this knowing full well that they would not get anything when they retire?

Most Democrats oppose this plan while some Republicans favor it or some variation of it. Who the hell do these people think they are?

As for me, I don’t need them to pay me Social Security. All I want is for them to send me a check for the money I have paid in (and I don’t even need any interest on it) and for them to stop taking Social Security out of my check. I will be more than happy to invest the money myself and I will live quite well in retirement. I am also sure the people who are actually rich (and even those considered rich by the government) would be happy to do the same.

I am not rich by any stretch of the imagination. I just work hard for my money and I save some of it for the future.

Others would do well to follow that example.

The members of Congress would do well to learn from that as well.

Class warfare is here and they are stoking the fire. Keep it up and things will get ugly as the rich find other things to do with their money.

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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Taxes Explained With Beer

I got this in an email and it seems to sum things up nicely.

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would …pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20.” Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so: The fifth man, like the first four, now paid nothing (100% savings and his dollar was added to the wealthiest man’s bill).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now paid $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $50 instead of $59 (15% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

“I only got a dollar out of the $20,”declared the sixth man. He pointed to the tenth man,” but he got $9!”

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar, too. It’s unfair that he got nine times more than I got”

“That’s true!!” shouted the seventh man. “Why should he get $9 back when I got only two? The wealthy get all the breaks!”

“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor!”

The nine men surrounded the tenth man and beat the hell out of him…

The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier…and who could blame them?

For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.

Big Dog salute to JP.

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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Stop SOPA