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Showing posts with label rich. Show all posts
Showing posts with label rich. Show all posts
Tuesday, July 24, 2012
Obama: President/Enemy of the United States
Obama has been engaged in crony capitalism: using our money to subsidize his pet industries. And basically all he's been doing is setting up these fraudulent, phony green industry businesses like Solyndra which become a conduit for laundering money.
Donors give to Obama; Obama gives them money for their private business such as solar panels. They start their business, and in every almost every case, they go under and the people who work there lose their jobs. They didn't have to pay back the money THEY WERE GIVEN, YOUR MONEY! They just used it up in failed businesses. Obama gets his campaign donations out of it, the people that donated get some of their money back, and everybody was happy -- except the people that worked there.
71% of Obama's Energy Department grants and loans, like the ones you just heard about, went to people who were bundlers and members of Obama's national Finance Committee or they were large donors to the Democrat Party.
He’s created Czars, cabinet level positions without Senate’s approval which is required by Constitution. They have ultimate power and funding, and unchecked by Congress. NOT LEGAL!!!
Obamacare is fraudulent in the funding scheme and unconstitutional. He has ignored FEDERAL JUDGES orders to stop implementing before the Supreme Court can rule.
Cap and Trade bill was defeated, but the President has the EPA using regulations do it anyway though it’s making fuel skyrocket while defying our system of government.
He’s stopped offshore oil drilling or exploration off both the Atlantic and Pacific coasts of the United States and in parts of the Gulf of Mexico and stopped new drilling exploration in any states in the United States defying several court orders issued by a federal judge that declared he has no authority to do so. Contempt charges were even filed.
He denounced Drilling and then gave 2 Billion to the Billionaire George Soros' BRAZILIAN Company for offshore drilling. North Korea and the Chi-coms are on the list of countries drilling in the Gulf, but WE won't let OUR companies. Meanwhile, there’s a global food crisis and we continue to put our crops into the gas tank.
Our southern border is basically an open border because he made so much of the federal land in the Border States off-limits to federal, state, and local authorities. So, where do you think the illegals, drugs, and terrorists come through? He ordered the border patrol not to arrest anyone entering, and has stopped deportation proceedings of thousands here illegally bypassing Congress AGAIN.
Obama and Holder SUING AZ along with foreign countries which violates oath of office. How can you sue AZ for enforcing the FEDERAL IMMIGRATION LAWS?
The US Supreme Court ruled that the FCC has NO Constitutional authority to control the Internet. That didn’t stop Obama. He ORDERED the FCC to adopt regulations giving the federal government control of the Internet and its contents, including providing Obama with a kill switch that gives him authority to shut down the Internet.
The Executive branch is supposed to defend the laws adopted by Congress unless they are declared unconstitutional by the United States Supreme Court. Yet he IGNORES the Constitution and basically declares himself all powerful. All other bodies of government have be left irrelevant.
FAST AND FURIOUS – do I need to say more on this?? It was a disgusting attempt to give reason for banning guns. THEY WANTED PEOPLE TO DIE so as to raise the hate and fear of guns.
The POTUS is NOT AUTHORIZED BY THE CONSTITUTION to take our nation to war without the consent of the Congress. There’s one exception; the authority granted to the President by Congress under the War Powers Act. It lets the President to take action without the consent of Congress IF there is an imminent threat to the security of the United States, or its citizens. WHERE is the imminent threat caused by the Civil War in Libya? He aided in the overthrow of an ALLY in Egypt to the benefit of the Muslim Brotherhood. He has sent our military to combat missions in a foreign country without the consent of Congress. He based his authority on a United Nations resolution, and a resolution by the Arab League. Are you kidding me???
He’s used executive orders, laws sneaked through Congress in the dark of night, and administrative actions by his departments to nationalize and control automobile manufacturers, banks, insurance companies, and portions of the healthcare industry, effectively taking us into Socialism. Show me where he has that authority in the Constitution?
HE HAS DIVIDED A GREAT NATION AND IS GIVING THE SPOILS TO HIS CLOSEST SUPPORTERS.
Tuesday, January 4, 2011
Punishing Success
Historically, REVENUE has been an average of 18.5% of GDP, NO MATTER HOW MUCH YOU TAX!!! So, why keep raising taxes when it is the economy that really controls the amount of revenue government collects. We have long ago passed the equilibrium.
What REALLY determines how much revenue taxes bring in is the economy. There is no reason to raise income tax rates on ANYONE. Taxes are a percentage, NOT a fixed number. Milton Friedman spoke of this as taking a smaller percentage of a bigger pie.
When you raise taxes, then you are taking more money directly out of the economy. No matter who you are taxing, everyone's money is in the economy until the government takes it. So, taxing puts a drag on the economy. It makes recovery slower. The belief that taking money out of the economy is the key to fixing it is just legendary stupid.
When you cut taxes, you are not giving people a gift, you are allowing them to KEEP the money they have made in the economy.
Our market system has room for as many millionaires as there are people. Punishing people for being successful only means less will make it.
"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. "
-Sir Winston Churchill
Income taxes are supposed to be for the purpose of funding government, but it has changed to a means of hindering people from becoming wealthy. If you already are successful and headed upward then they will take more and more of the money that YOU have earned and give it to those that have not.
REDISTRIBUTION OF WEALTH....... Socialism......... This has become the purpose of taxes.
The people that are being called the rich are not the mega rich that people are imagining. These are investors and business operators that are the ones that can drive the growth of the economy.
The really rich are living off the interest of their amassed fortunes and won't be terribly hurt by the taxes. We've recently seen some of the Mega Rich come out and say tax them more because they can take it. Yet, all they really need do is fill in the little box on their income tax form that says they would like to pay more and how much they want to contribute. What do they do in reality?? THEY PUT THEIR MONEY AWAY IN AS MANY PLACES AS THEY CAN FIND THAT WON'T BE TAXED.
We don't have a revenue problem. We have a spending problem. Cut spending, cut taxes and the economy will grow and thereby increasing the revenue.
What REALLY determines how much revenue taxes bring in is the economy. There is no reason to raise income tax rates on ANYONE. Taxes are a percentage, NOT a fixed number. Milton Friedman spoke of this as taking a smaller percentage of a bigger pie.
When you raise taxes, then you are taking more money directly out of the economy. No matter who you are taxing, everyone's money is in the economy until the government takes it. So, taxing puts a drag on the economy. It makes recovery slower. The belief that taking money out of the economy is the key to fixing it is just legendary stupid.
When you cut taxes, you are not giving people a gift, you are allowing them to KEEP the money they have made in the economy.
Our market system has room for as many millionaires as there are people. Punishing people for being successful only means less will make it.
"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. "
-Sir Winston Churchill
Income taxes are supposed to be for the purpose of funding government, but it has changed to a means of hindering people from becoming wealthy. If you already are successful and headed upward then they will take more and more of the money that YOU have earned and give it to those that have not.
REDISTRIBUTION OF WEALTH....... Socialism......... This has become the purpose of taxes.
The people that are being called the rich are not the mega rich that people are imagining. These are investors and business operators that are the ones that can drive the growth of the economy.
The really rich are living off the interest of their amassed fortunes and won't be terribly hurt by the taxes. We've recently seen some of the Mega Rich come out and say tax them more because they can take it. Yet, all they really need do is fill in the little box on their income tax form that says they would like to pay more and how much they want to contribute. What do they do in reality?? THEY PUT THEIR MONEY AWAY IN AS MANY PLACES AS THEY CAN FIND THAT WON'T BE TAXED.
We don't have a revenue problem. We have a spending problem. Cut spending, cut taxes and the economy will grow and thereby increasing the revenue.
Labels:
capitalism,
liberty,
redistribution,
revenue,
rich,
socialism,
Tax Cuts,
wealth
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