Speaking of Taxes, Part II: It's Your Taxes

Did you know that in 2006 the IRS collected a RECORD (2nd year in a row) total tax revenue (individual and corporate) of $2,518,680,230,000? Did you really believe that we were in a recession when unemployement was at 4.4%? Can't collect record taxes unless there are record earnings.

Broken down that means that: Corporate revenues were $1,282,420,859,000 and Individual revenues were $1,236,259,371,000. Did you really believe that corporations don't pay any taxes?

Furthermore,
Did you know that in 2006, 50% of all individual taxpayers paid 2.99% of total income tax revenue collected by IRS?

Which means, that 97.01% was paid by the other 50% or those earning AGI $31,987 or more;

And the top 10% earners, with minimum of AGI $108,904 earnings, paid 70.79% of the total collected individual income tax revenue.

Which means that those who paid 2.99% are totally beholden to those who paid the rest. So when those in the lower 50% who ask for more services, namely entitlements, handouts & credits, from the "the government" are really asking the other 50% to pay more taxes.

Which also means that your Representatives in Congress and your President who give and promise the entitlements, credits and services are demanding that the top 50% pay more.

Any questions?
Stand by for more ...

Thanks for Reading

sources: http://www.irs.gov/ http://www.taxfoundation.org/

Khrushchev Must Be Laughing

Today's signing of the Stimupork bill was nothing short of a spectacle drawn from the Soviet propaganda machine handbook.

From start to finish, the theatrics were all there, the urgent need to "save the economy and the USA" with this bill were reinforced yet again; as were the sweet misleading lies veiled in smiles. The only thing missing from the pomp and circumstance were the children greeting with flowers, and of course the never ending applause in full unison, but I'm sure they will include those next time.

The mutual adoration speeches were given along with the obligatory everyday "worker comrade", who in this case is a small business owner, willing to say whatever was in front of him in his fervent, adoring belief that it was all true. Just think of his disbelief that he even got to introduce the "man" himself! Imagine his proud moment while he advised us that his business and his workers will be saved because of this bill and how he will be able to hire many more workers as a result of this bill.

So what is this bill all about? Has he read the bill? Has anyone? CAN anyone read 1100 pages in four days and fully analyze it's content? Not even the Congress that put it together in committee could read it before they voted. In other words we have another almost trillion $ debt with no one knowing exactly how it will be distributed and repaid.

And everyone was smiling
All the while the markets were tanking.

And Khrushchev was laughing: "I told you so"!

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Don't Use the "C" Word

Chavez won dictatorship in Venezuela. Can the USA be far behind? Judging with what's happened last week in Congress, I'd say not. No one is alarmed.

Russia paid a visit couple of months back to them and probably trained Chavez well. They also played war games together with Cuba. No one is alarmed.

California Congresswoman Maxine Waters lets the cat out of the bag last year by slipping a threat to the oil company execs about nationalization which she is currently happy to extend to the banks. No one cares.

Senator Obama openly advocates the redistribution of wealth during his Presidential campaign and despite open debate on the subject. Everyone cheers.

Yet people say to me: "Don't use the C word." "People turn off to it." they tell me

I ask you.. if I don't use the "C" word now, when it is appropriate and when the system is just setting up and when I can still voice it out loud, then when can I?

Will I be able to use it during the night while you are being taken in for questioning?

Will I be able to use it when my children are around after they'd been indoctrinated at school to listen and let the teacher know what their parents are saying at home?

Will I be able to say it to any friends when we're together in a group without fear of one of them reporting me?

Will I be able to say it while I'm marched off to a re-education center?

As this government is setting up more and more social programs to control every aspect of your everyday life, you better start naming the unmentionable.. the very word you don't want me to use for fear of being called a .. what? Can they call me by any worse words than they already have during the past administration while they were setting up for this change?

Many don't and can't believe that it could happen in the USA but consider that this change has been happening slowly over the years and has not shown it's agenda blatantly until this past year. The subtle changes that have already occurred were easy to excuse until one realizes that they've already given more ground than necessary for the coup to be a success.

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Bring It All Home Part II

That government is printing money at a record pace now is in the news, that they were printing money all along these past decades is somehow forgiven and forgotten. We have not arrived at this point in a heartbeat, we arrived here in a lifetime and all along we were feeling good about our lives not worrying about how and where without production, we could be so prosperous.

No many wanted to look at the truth as most still don't wish to acknowledge that no bailout will work. The only way we'll save ourselves is by again becoming self reliant. Folding up our sleeves and working to produce our own consumption and not waiting for the government to provide the jobs, because government will only get you into deeper debt.

We have to come to terms that we owe the world a great deal of money, just like they owed us after WWII, which many did not repay. We may not be so forgiven by the countries we borrowed from; In fact I will guarantee that our debt will not be forgiven because their own existence is dependent on us being able to consume and print more.

We have to come to terms with the fact that unless we educate our students to do other things besides service and business administration & law, we will continue to have to export jobs to countries and people willing to study engineering, science, mathematics and do labor. (Did you know that only about 10% of the current American student population is interested in those majors?) We also have to come to terms with the fact that labor unions can't hold companies hostage for a lifetime building their debt with crippling retirement benefits and demands that put them into bankruptcy.


We have to let go of sponsored retirement and health care benefits that just line the pockets of those in insurance and government and allow increasing costs from deep pockets all the while decreasing quality.

We have to come to realize that government sponsored help, be it welfare or benefits do nothing but produce dependence hence they cripple the very economy they are trying to save. No one wants to invest in dependence except your elected officials who depend on our dependence on government to be re-elected. Therefore, it's a losing proposition for anyone wishing to be independent because eventually the country runs out of money to support the dependents but of course along the way the economy has long been at a standstill. Besides which, companies run by government bureaucrats are not a compelling investement prospect.




In order to have a thriving economy you need independent people willing to make it on their own. The USA was build by people who took a great deal of pride and interest in taking care of themselves and as they did, they grew a country stronger than any other in history but somewhere along the way wishing for comfort and feeling entitled perhaps, we the people started to slack off and like in the days in Rome, decided that it was easier to import than to make. Draw your own conclusion where that led; like for Rome, too far an expansion, and home is soon forgotten.


There is no where in the Constitution of the USA that says it is up to the government to create jobs for you. Yet they all act as if that is the sole reason for their existence; alas it is however the very thing that will make you more dependent on them. In order to survive and become strong again, we have to kick their collective butts to stay out of our lives and our search for self determination.


Here is the definition for a word we all should remember every day; a word whose origin dates to around 1680: self-de⋅ter⋅mi⋅na⋅tion   –noun

1. determination by oneself or itself, without outside influence.

2. freedom to live as one chooses, or to act or decide without consulting another or others.

3. the determining by the people of the form their government shall have, without reference to the wishes of any other nation, esp. by people of a territory or former colony.

Pay attention especially to #3. I know it seems an impossible task, but it must be made a compelling task if we are to survive without being owned by and made slaves by our debt.

Thanks for reading.
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Advocating Genocide?

Enough is enough... don't you see it? Is this the way German's marched to a dictator, not heeding the writing on the wall? Are we the next nation to commit mass genocide? Are we so numbed by political correctness that we cannot speak out loudly against an advocate of a practice that is akin to murder?

Yes, I'm speaking about Pelosi and her blatantly stupid statement that the control of our population is the way to save on costs. Is she really saying: "I have my life, I don't wish to share taxpayers money with those you bring into the world!" and is that not height of greed?

This from a woman who supports PETA ! The very same people who probably would and will agree with her. "Reduce humans, save animals" will probably be the next accepted slogan out there.

Abortion for population control is not the way to go. At first it was mercy killing of the feeble minded, and the psychologically disturbed people by the Nazi's in Germany. Mandatory abortion was also part of that regime for people who did not meet the qualifications of the "proper" race. Contrary to popular belief, they killed others prior to massacring Jews and everyone looked the other. Is that what you really want, Pelosi? Is that what we the people of the USA are ready to accept?

I, along with I'm sure many others, certainly hope not!

Thanks for reading.

Speaking of Taxes, Part I : Global Euphoria Is In!

The future is here! Global Euphoria is in! All other thoughts are anomalies. Fascinating isn't??

Some 3 years ago, unemployment was at a low, incomes were at the highest, even higher than 1999/2000 during the dot com tax revenue collection, and yet the economy according to the news broadcasts was BAD. Everyone was using the "R" word (for recession) and Congress was trying to have the Administration admit it. Listening to the TV reports then was like being in a different country than I was reading about. In those days I was deep into news headlines and reports reading roughly 2000+ headlines daily and many of which I read in depth as to the story. I was also deep into keeping people out of tax hell, something I continue do.

The reality was that tax revenues were at an all time high from all sources, which continued to tax year 2007. Three years of record high tax revenues collected from individuals and from corporations that was hardly noticed if reported at all by the media. How can it be so if we were in such bad economy? You don't pay taxes on borrowed money, you don't get to deduct interests on loans other than your mortgage and yet.. record tax revenues went not only to the federal government but to states as well. So how come they're broke? It's simple, because they spent it like drunken sailors who think the next paycheck is only 2 weeks away and they have no care in the world. That's the group you've entrusted with your hard earned dollars to be responsible about your well being and assure your future.

That is precisely how most of the Congress talks and walks. Correction: they talk as if they're kids in their first year away at college and they act as if there's more where that came from so what the hey.. let's whoop it up! Well, no more I hope. They won't notice that they're slowly strangling the golden goose, selling the cow and forgetting what came from both. Of course now that the revenue is reduced, they can think of only one way to solve this catastrophe and that is to raise taxes! The rich should pay! You can tell by what they do that they hold themselves guiltless for what has emerged as the greatest economic catastrophe since the 1970's. NOT DEPRESSION as so many would like to scare you with.

Yet scared you should be because the 1970's and early 1980's were no pretty years: 9.9% unemployment, 18-20% mortgage interest rates, not to mention record property taxes in California, plus high inflation. Ohhhh goodies.. just what we want again.. right? But hey remember: 4% unemployment was bad, inflation below 3% was bad, mortgage interest rates were bad at below 6% according to your media. It's what they were selling as a bad economy. We were all living in the streets homeless the way the media painted it.

My point is that if you don't think things through for yourself, you can be made to believe anything. So next time you're told to feel euphoric about an event or to feel morose about another, please take the time to check it out. Most likely than not, as with the markets, it's just an opinion based in fact .. or not.

What's been created is a government that on every level will reach into your pocket at every opportunity for your "greater good" to which you said: "Yes we can!"!!

Thanks for Reading

Sources: http://cbo.gov/

Global Warming or Ice Age Threat. Again? Oh My!!!

Is it time to pray for global warming?

Report just released by the Russian Government, contains overwhelming evidence that earth is on the verge of another Ice Age. Ice age threat revisited 1975? We've been here before 4 times at least in the last century with alarmists on both sides.

Of course it makes not and ounce of difference how wrong the alarms of the past were as our Federal, State and Local Governments along with the U.N. are now steadfast on a big mission to spend millions of our $$$ to prevent "Global Warming" aka "Climate Change".

Yet, I've always said Ice Age is a bigger threat to our existence than Sunshine. During the middle ages temperature rose and our coasts were not underwater, England could grow grapes and Greenland was actually green and people were not starving as they will in even a minor ice covering. In fact there's a strong argument that the global cooling following the warm period, dubbed the "Little Ice Age", was the main cause for the Bubonic Plague. I wonder if they'll bring out the drill when our corn crops are under several feet of ice, cotton and wool hard to come by, not to mention wheat!

So please take time to read the research and take time to think; otherwise you'll be taxed just for breathing if the U.N. has its way.

We certainly need to rely on data that is more than 60 years old and even more than 400 years old, in order to get some idea that this planet has it's own life cycle regardless of the species inhabiting it. In the end however, as in this current crazy debate, ignoring the cycle of sunspots will lead to further folly in our rush to "fix" the climate.

I've a feeling that the Universe has more control than we, for certain, and it still may have some tricks up its sleeve we've yet to notice.


Sources to help keep up with what's going on:

http://climatedebatedaily.com/

http://en.wikipedia.org/wiki/Medieval_Warm_Period

Articles of reference:

http://tinyurl.com/6wwc7v
http://tinyurl.com/3eyg6r
http://tinyurl.com/5sgy4e

Interesting prediction
http://tinyurl.com/78o4cy


Thanks for Reading