Common Folk Using Common Sense

My rantings and ravings in this interesting world.

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Entries Tagged as 'Money'

Unfunded Entitlements

June 25th, 2009 · Comments Off

We hear a log about the cost of bailing out AIG, or all those TARP funds, or Obama’s Socialist Stimulus Package, but have you dared to forget about the Big Two, Social Security and Medicare? From Heritage.Org:

TARP, Stimulus Package, Social Security, MedicareSpread The Word:

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Tags: Government · Money · Taxes · The US

Move Your Business Out Of The U.S.

June 20th, 2009 · Comments Off

Via The Tax Foundation:

OECD countries such as Ireland, Poland, the Slovak Republic, and Switzerland have enjoyed an influx of foreign capital and investment not because they are “tax havens” but because they have dramatically lower corporate tax rates than the United States, France, Germany, Great Britain and Japan. Until these high-tax countries lower their corporate [...]

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Tags: Government · Money · Taxes · The US

Want A Job? Apply With Uncle Sam.

June 18th, 2009 · Comments Off

At Reuters by Wendell Marsh:

Wall Street may be losing its luster for new U.S. college graduates who are increasingly looking to the government for jobs that enrich their social conscience, if not their wallet.
In the boom years, New York’s financial center lured many of the brightest young stars with the promise of high salaries and [...]

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Tags: Government · Money · The US

Uncle Sam Fires Up The Printing Presses

June 17th, 2009 · Comments Off

From QandO:

Arthur Laffer: “But as bad as the fiscal picture is, panic-driven monetary policies portend to have even more dire consequences. We can expect rapidly rising prices and much, much higher interest rates over the next four or five years, and a concomitant deleterious impact on output and employment not unlike the late 1970s.”

Remember, we’re [...]

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Tags: Government · Money · The US

Hold On To Your Wallets, Folks

June 15th, 2009 · Comments Off

This tidbit snuck in late Friday afternoon, so in case you missed it:
from Bloomberg:

Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel [D-NY] said.
Asked whether the cost of a health-care overhaul would [...]

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Tags: Government · Health · Money · Taxes · The Left · The US

New Military Vehicle

June 15th, 2009 · Comments Off

Currently under production, under command of the Obama Administration, at the new GM (Government Motors):

Spread The Word:

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Tags: Government · Military · Money · The Left · The US

Vocabulary Refresher

June 15th, 2009 · Comments Off

For those of you that haven’t been paying attention, here’s a refresher:

Socialism: An economic system where both industry and business is owned and controlled by the government.
Fascism: An economic system where industry and business is privately owned, but controlled by the government.
Capitalism: An economic system where industry and business is privately owned an [...]

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Tags: Government · Money · The US

U.S. jobs more expensive than foreign jobs?

June 12th, 2009 · Comments Off

From Bloomberg:

Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.
“It makes U.S. jobs more expensive,” Ballmer said in an interview. “We’re better off taking lots of people and moving them [...]

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Tags: Government · Money · Taxes · Technology · The US

The Federal Government Is Slowly Owning The People

June 11th, 2009 · Comments Off

Via USA TODAY:

The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans’ income is now coming in the form of a federal or state check or voucher.
Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal [...]

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Tags: Government · Money · The US

We need a Pay Czar?

June 5th, 2009 · 1 Comment

From Boortz:

Our president, Barack Hussein Obama (Hey … now he’s proud of his middle name, so I can use it, right?) Has decided he needs a Pay Czar. The White House says that this person, one Kenneth Feinberg, will actually be called the “Special Master for Compensation.” He is going to decide just how much [...]

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Tags: Crime/Law · Government · Money · Socialism · Taxes · The Left · The US

Revenge Of Obama?

June 2nd, 2009 · Comments Off

When I first heard this story I thought it nothing more than wild rantings of the Conspiracy Right. But this story is not going away just yet, and it’s growing legs. From the Washington Examiner:

Evidence appears to be mounting that the Obama administration has systematically targeted for closing Chrysler dealers who contributed to [...]

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Tags: Crime/Law · Government · Money · Politics · The Left · The US

We Want Higher Taxes

May 21st, 2009 · Comments Off

Says Rasmussen:

Thirty-two percent (32%) of American adults say they’d be willing to pay higher taxes so that health insurance could be provided for all Americans. The latest Rasmussen Reports national telephone survey found that 54% say they’re not willing to pay more in taxes.

Sorry, but I’m calling SHIZNIT on this one. You see, once [...]

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Tags: Government · Money · Taxes · The US

Americans know how to use the moving van to escape high taxes

May 19th, 2009 · Comments Off

From the Wall Street Journal:

With states facing nearly $100 billion in combined budget deficits this year, we’re seeing more governors than ever proposing the Barack Obama solution to balancing the budget: Soak the rich. Lawmakers in California, Connecticut, Delaware, Illinois, Minnesota, New Jersey, New York and Oregon want to raise income tax rates on the [...]

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Tags: Government · Money · Taxes · The Left · The US

Dear IRS …

April 15th, 2009 · Comments Off

From a Letter To The Editor in the Times Record News by Ed Barnett of Wichita Falls:

Dear IRS,
I am sorry to inform you that I will not be able to pay taxes owed April 15, but all is not lost.
I have paid these taxes: accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate [...]

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Tags: Government · Money · Taxes · The US

I’m A Domestic Terrorist

April 14th, 2009 · 2 Comments

On Feb. 20, 2009, Missouri’s Department of Public Safety issued a report to all law enforcement in the state entitled “Missouri Information Analysis Center Strategic Report: The Modern Militia Movement.”
The report linked people holding conservative views on immigration, abortion, the U.N., the New World Order, etc., to dangerous and violent “militias” that Missouri law enforcement [...]

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Tags: Abortion · Crime/Law · Government · Guns · Immigration · Law Enforcement · Media · Military · Money · Race · Socialism · Taxes · The Left · The Right · The US