Ready For A Pay Cut?

New Obama Taxes Cut Pay, Increase Government “Revenue”

Investors Business Daily, October 27th, 2010

It's one thing when the wonks tell you to get ready for a tax hike that may or may not come. It's another when your employer tells you he's getting ready to cut your take-home pay and give it to the tax man.

That's what's happening right now, and those who still have jobs should take notice. If Congress fails to extend the Bush-era tax cuts due to expire Dec. 31, Americans at just about every income level will see their taxes rise — in some cases dramatically.

A story by Bloomberg News notes that it takes weeks for the IRS to prepare new withholding schedules. Normally, the tables are issued in mid-November to give employers time to prepare. But this year Congress left open the possibility it would do something about the expiring cuts, and employers have been left wondering what to do.

"I've been doing payroll for probably close to 30 years now, and never have we seen something like this where it gets that down to the wire," Dennis Danilewicz, the payroll manager at New York University's Langone Medical Center, told Bloomberg.

The Democrat-controlled Congress didn't address the issue before recessing for the midterm elections. So companies are preparing for the worst. A Bloomberg headline Wednesday said it all: "Employers in U.S. Start Bracing for Higher Tax Withholding."

The impact could be significant. Professor Michael Graetz of Columbia University recently estimated in the Wall Street Journal that letting the tax cuts expire will cost the U.S. economy $10 billion a month in added withholding from paychecks.

Goldman Sachs economist Alec Phillips estimates letting the Bush cuts expire could slash "nearly 10 percentage points" from disposable income growth in the first quarter of next year, and nearly two percentage points from GDP in the first half.

With GDP now at a tad above $14 trillion, the impact could be $280 billion or more in the first six months alone.

In short, the higher taxes could very well push us back into recession — at a time when the economy is struggling under 9.6% unemployment with little if any private-sector job growth.

What's most worrisome is what it will do to the working taxpayer. His or her take-home pay is about to fall, leaving noticeably less to spend and save.

A married couple without children and an annual income of $80,000 would have an added $221 taken from their paycheck every two weeks, the Bloomberg report says, quoting the H&R Block Tax Institute. That jumps to $558 (every two weeks) for couples bringing in $240,000.

Data from the Tax Policy Center show even those with modest family incomes would take a hit. For example, a couple with income of $60,000 and four children can expect to pay $130 more every two weeks to Uncle Sam. It doesn't get much better for those who make just $40,000. They'll find about $108 more withheld every other week.

This will have a serious impact on our struggling economy at a time when we can least afford it. It may be a big reason why, in poll after poll, Americans have expressed increased disgust with the Democrat-led Congress. Our own polling shows that 80% of Americans want the tax cuts made permanent or extended at least until the economy recovers. And this includes 74% of Democrats.

Congressional Democrats, however, seem incapable of grasping the damage they've done with their trillions in new spending and debt in the name of "stimulus," while refusing to halt what amounts to the largest tax hike in history.

Fortuitously, the names of most of them will appear on Tuesday's ballots.

Obama Gets Heckled At CT Rally

Loses Support In Liberal Bastion

This is a “President” that has completely lost touch with reality, as demonstrated at this rally in Connecticut the other day, a liberal bastion.

Click HERE if Video Doesn’t Work.

“Between 2001 and 2009, job growth was slower than any other time since World War II.”

I guess Herr Obama missed the lowest unemployment rate in history of 4.5% under the Bush Administration.  Herr Obama also missed more than 3 years of net job growth of +300,000 jobs created per month between 2003 and 2007.

But Obama calls that the slowest period of job growth since World War II.

Remember folks, his name isn’t on the ballot on Tuesday, but his agenda damn’ sure is!

If you’re happy with 10%+ unemployment and higher taxes, by all means vote Democrat.  But if you’re like the overwhelming majority of American’s and are concerned about the direction of the country, vote all Democrats OUT.

There Is No Democracy

We No Longer Live In A World of Nations and Ideologies

You have meddled with the primal forces of nature, Mr. Beale... and I won't have it!

Is that clear?

You think you merely stopped a business deal.

That is not the case.

The Arabs have taken billions of dollars out of this country... and now they must put it back!

It is ebb and flow, tidal gravity. It is ecological balance!
You are an old man... who thinks in terms of nations and peoples.

There are no nations. There are no peoples.

There are no Russians. There are no Arabs.

There are no Third Worlds. There is no West.

There is only one holistic system of systems!

One vast and immane, interwoven, interacting, multi-variant, multinational dominion of dollars!

Petrol dollars, electro dollars, multi-dollars.

Reichsmarks, rins, rubles, pounds and shekels!

It is the international system of currency which determines the totality of life on this planet.

That is the natural order of things today.

That is the atomic, and subatomic, and galactic structure of things today.

And you have meddled with the primal forces of nature!

And you will atone!

Am I getting through to you?
You get up on your little 21-inch screen and howl about America and democracy.

There is no America.

There is no democracy.

There is only IBM and ITT, and AT&T, and Du Pont, Dow, Union Carbide and Exxon.

Those are the nations of the world today.

What do you think the Russians talk about in their councils of state? Karl Marx?

They get out their linear programming charts, statistical decision theories, minimax solutions and compute price-cost probabilities of their transactions and investments, like we do.

We no longer live in a world of nations and ideologies, Mr. Beale.

The world is a college of corporations... inexorably determined by the... immutable bylaws of business.

The world is a business, Mr. Beale."

It has been since man crawled out of the slime.

And our children will live, Mr Beale … To see that … Perfect world … In which there’s no war or famine … Oppression or brutality.

One vast and ecumenical holding company … For whom all men will work to serve a common profit … In which all men will hold a share of stock … All necessities provided … All anxities tranquilized … All boredom amused.

And I have chosen you, Mr. Beale …

To preach this evangel.

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This my friends, is what the establishment politicians AREN’T telling you.  This is what we are fighting against!  Remember November 2nd.

Steal This Election At Your Own Peril, Democrats

SEIU Technicians Maintain Electronic Voting Machines

We're already hearing reports from across the country that electronic voting machines are "malfunctioning" during early voting.  Reports are pouring in that these electronic voting machines are automatically choosing Democrat candidates, before voters have actually selected a candidate.

Some would call that rigging an election, I would call it a blatant attempt at stealing one especially since we now know that SEIU "technicians" maintain the electronic voting machines.

For those who may think that they're protecting their own interests in trying to steal this election, you do so at your own peril for when you make peaceful revolution impossible, violent revolution becomes inevitable.

Those are not my words, those are the words of John F. Kennedy.

Steal this election at your own peril, Democrats.

CBS’ 60 Minutes: Unemployment 17.5%

Has The Liberal Lamestream Media Finally Turned on Obama?

This evening on CBS’ 60 Minutes, the lid was finally blown off the real unemployment numbers in this country by at least one of the four members of the Government’s Fifth Column – the lamestream media.

Real Unemployment in this country is actually at 17.5% according to CBS’ 60 Minutes program.  In their report, they showed people with Bachelors, Masters and PHD’s that have been unemployed in this country for two years and longer.

Some were living on friends couches.  Others were living in cars (either their own or ones that had been abandoned) and office buildings that were now empty but once bustled with activity.

CBS had the audacity to show this with 9 days to go before the mid-term elections, which are already promising a historic revolution in the House and Senate by the voters.

“Recovery Summer” has proven to be anything but, with more than 700,000 American’s losing their jobs between May and September.  Families are being financially devastated, and some fear they’ll never be able to retire.

Folks, the sad reality is this: We are in Great Depression territory with high unemployment that shows no signs of abating.  If this is the “new economy” then it’s time for the revolution at the ballot box and throw every single politician that voted for ObamaCare, TARP, “Stimulus” spending and more right out of office on their sorry asses.

Remember on November 2nd.  These people are counting on us.

A Trillion Dollars Wasted

There’s No Such Thing As “Shovel Ready Jobs”

During an interview with the The New York Times earlier this week, Obama finally admitted he lied when he told the American people earlier this year that the Economic “Stimulus” would be used to pay for “shovel ready jobs.”

What else has this lying piece of crap that sits in our White House knowingly LIED about since taking office?

Plenty.

How about health care costs going up instead of down?

Remember, Obama Said Health Care Costs Would Go Down Under Obama-Care?

A Government Report by the Chief Medicare Actuary Richard S. Foster showed that after a detailed, rigorous analysis of ObamaCare, health care costs would actually RISE, and that projected Government spending on Health Care would be $311 BILLION more than previously projected and passed by the ObamaCare legislation.

Yes, that’s right – the Obama Administration LIED, deliberately misleading the public on the true cost of ObamaCare.  As we now know, the true cost of the bill is far north of the $1 Trillion cost estimated and is nearing $1.5 TRILLION as more detailed estimates come in.

Obama Continues To Spend Money We Do Not Have

In yet another SOP to the Government and Private sector Unions that helped him fraudulently win office, Obama just spent another $55 BILLION dollars in Union bailouts for transportation infrastructure “shovel ready” jobs.  Oops, there’s that “shovel ready” term again.

55% of the American People oppose another “Economic Stimulus” plan according to a recent Rasmussen Poll.  But that’s apparently not going to stop the annointed one from spending money we don’t have, and continuing to ignore the will of the American people.

Obama Justice Department Led By Eric Holder Announces Plea Deal in Guantanamo Case

In what can only be an insult to those who serve honorably in our Military, the Justice Department announced a plea deal to keep a Canadian born muslim terrorist that was captured in Afghanistan after a brutal firefight in Guantanamo for another 8 years.

The Al-Qaeda terrorist, Canadian born Omar Khadr could be free as soon as 2018 as his lawyers continue to negotiate with the Obama Administration’s Justice Department.

"Knowing the facts of the case, I would think your average American would be disappointed that somebody who had demonstrated the capacity and the willingness to kill American soldiers would get a mere eight years," he said in a phone interview. "That seems short to me."

Morris was blinded in his right eye during the assault on the militant stronghold in which Speer was killed. He said he doesn't seek a longer sentence out of vengeance but for the sake of his comrade's family and because he believes Khadr, now 24, remains a danger to the U.S. It wouldn't matter to him whether Khadr serves prison time in Guantanamo, Canada or somewhere in the U.S.

Frankly speaking here, none of these terrorists should be in Guantanamo today.  The should’ve all been shot and left for dead on the battlefield.  At least that way, none of this anti-Military bullshit would be happening today.  It’s patently absurd and un-American to allow terrorists to go free period after acting as enemy combatants and terrorists against the United States of America an our honorable Military.

Do we need more proof that Obama and his Justice Department led by Eric Holder hate America?

Bill OReilly Was Right: Muslims Killed Us on   9-11

In case you’ve been living in a cave, here’s the clip that everyone’s been talking about:

Now my personal note to Bill OReilly: Never Apologize for telling the truth.  The fact is, MUSLIMS committed an act of TERRORISM, some would say an ACT OF WAR on September 11th, 2001. 

I say it was an act of war, which should have been followed with appropriate response, decimating the country of Afghanistan and any country that harbored Al-Qaeda, but I digress.

OReilly’s point that MUSLIMS attacked us on that day was exactly correct.  To argue “Extremist” Muslim or “Moderate” Muslim is besides the point.  Why?  Simple.

Extremist Muslims were the ones that committed the act of war, flying planes into the WTC, Pentagon, before being stopped in Shanksville, Pennsylvania by the brave passengers on board.

So-called “Moderate” muslims were the ones dancing in the streets at the news of the attacks.  Some of those “Moderate” muslims were dancing in the streets a stones throw from this writers home.  We saw it first hand, on the local news, and pictures of it in the local paper.

Yes Mr. OReilly, MUSLIMS did attack us on September 11th, 2001 and to try and point out the miniscule difference between the Extremists that directly attacked us versus the “Moderates” who celebrated on America’s streets upon learning of the attacks makes no difference.  MUSLIMS attacked us, period.  By their actions, they are ALL guilty.

Obama Labels Chamber of Commerce “Right Wing”

Says Chamber of Commerce Threat to Democracy

Seems to me the biggest threat to America’s Democracy happens to be sitting in the Oval Office.

From an email sent by Obama’s Organizing for America:

“This is a threat to our democracy…And if we just stand by and allow the special interests to silence anybody who’s got the guts to stand up to them, our country’s going to be a very different place.”

That’s what the President just said about the Chamber of Commerce, a right-wing group spending $75 million to beat Democrats this fall, and reportedly taking money from foreign corporations — some even owned by foreign governments.

These groups are trying to buy our elections, backing candidates who want to tear down everything that makes the middle class strong in this country: things like Medicare, Social Security, even the minimum wage.

“Reportedly” taking money from foreign corporations?  “Some” owned by foreign governments?

Well Mr. pResident, what about the millions of dollars you took from BP – remember them, British Petroleum?  (Oh yes, they renamed themselves “Beyond Petroleum” but the fact remains, they’re held by the British Government!)

Remember, the election’s only 22 days away!

Democrats Plan Final Legislative Assault on America

Lame Duck Session To Be Anything But

If we thought that simply winning in November and taking back both houses of Congress was going to stop the race towards Socialism, we’d best think again.

The Democrat-Socialist led Congress is quietly planning its final legislative assault on our freedoms, one last power grab by the Federal Government to control more of our daily lives.

More Nanny State Government.  Former Illinois Republican Congressman, now Obama Transportation Secretary Ray LaHood wants to ban all cellphone usage – even hands-free.  To implement this ‘ban’, LaHood wants to require all car manufacturers to somehow detect when a driver is “distracted.”  LaHood also wants a ban on all hands-free communications technologies such as Ford’s “SYNC” which attracts younger buyers to its brand.

LaHood may not get his ban legislatively, but via Executive Fiat from the Obama Administration?  Remember stroke of the pen, law of the land.  Kinda cool ain’t it?  Watch for Obama to implement Clinton’s strategy of issuing one Executive Order after another here. 

More Taxes.  Now that the EU has extorted the major airlines into paying a Carbon Tax to land in the Euro-Zone to fight “climate change” look for the United States to do the same thing.  Foreign airlines were threatened with flight restrictions and landing bans beginning in 2012 in the Europen Union if they did not “participate” in carbon emissions trading, or what’s commonly known to us in the United States as higher government taxes.  As we know, all costs of doing business are ultimately passed onto the end consumer, in this case the vacationer or business traveler.  Should the United States implement such a scheme, it would decimate the Airlines industry here.  As the law in the EU stands today, look for major airlines to dramatically hike their rates to fly to the Euro-Zone, or limit flights altogether.  American ingenuity being what it is, I suspect WebEx is going to get alot more use for business meetings between companies in the U.S. and EU and vacations to the EU will be cancelled to avoid the increased prices and taxes altogether.

Remember, if you want less of something, tax it more.  That’s precisely what the EU and soon the United States government are doing.

Forget The Bush Tax Cuts.  Even if they are extended, it’ll likely be only for those making less than $250k/year and is still going to kill small businesses.

Now here’s the part no one’s talking about: If you think the extension of the Bush Tax Cuts for those making under $250k are true tax cuts, think again.  Obama’s already effectively eliminated any relief they’d provide via new payroll taxes on your health care plan, capping flexible spending accounts at $2,500 per year (which impacts those with chronic illnesses and “special needs kids” the hardest), new taxes on medical devices that cost over $100, raised the deduction for itemized medical expenses to 10% of gross income from 7.5%, a special “Blue Cross/Shield” tax which will cause rates for BC/BS customers to skyrocket, new taxes on Charitable Hospitals, new taxes on Drug Companies that invent new medications, the elimination of the tax deduction for employer-provided retirement drug coverage (which screws Medicare Part D participants) and a new ten billion dollar tax on all Health Insurance providers, which will again cause rates to go up for consumers.

Forced Unionization.  Senator Tom Harkin (D. Iowa) has developed a strategy to pass the individual components of the Card Check Bill, rather than the entire bill itself, as a way to slip the bill through the Senate virtually unnoticed. 

Under the proposed Employee Free Choice Act (EFCA), if the NLRB verifies that over 50% of the employees signed authorization cards, the secret ballot election is bypassed and a union is automatically formed.

The fact is, the Employee Free Choice Act is anything but.  It does the precise opposite by removing the one freedom those about to be “organized” against their will had to stop the process – a secret ballot.  Eliminating the secret ballot means that union “organizers” (I prefer the name thugs) will be able to actively target those who are against the union and either bully them into submission or out of a job.  Last I looked, that is not the American way.

The message here should be clear: it’s not enough to vote November 2nd and throw the Socialist bastards out of office.  There needs to be an intense scrutiny and spotlight on the Lame Duck Congress to prevent them from doing further damage to America.

I don’t know about you, but after the revolution at the Ballot Box, I’m preparing for the Second American Revolution that’s sure to come if these desperate Democrat-Socialists in their last ditch attempt to destroy America vote on anything after the election.

Remember November

 

Obama Lied: HealthCare To Cost More

Amongst all the bad news that came out today including another 93,000 people who lost their jobs in September and the unemployment rate creeping up, employers such as Microsoft are announcing that they are no longer paying 100% for their employee’s medical insurance coverage.

What does this mean?  It means health care costs are going UP, which is contradictory to what Obama and the Pelosi-Reid Democrats said would happen.

It doesn’t stop at Microsoft, McDonalds announced similar moves earlier this week, and my own employer is also following suit requiring employees to pay MORE towards their health care insurance.

Further compounding the cost increases in health care premiums employees of all companies will have their pre-tax dollars directed towards their medical care via “medical savings accounts” capped at $2,500 per year, per family.  Previously these accounts were uncapped allowing people such as myself with a pre-existing condition to plan for our health care using pre-tax dollars while reducing our medical costs and tax burdens.

Obamacare changed all that.  The new $2,500 cap takes effect in 2011 which for people like me means we now have to pay taxes on the dollars we use for our medications above the $2,500 cap and also suffer the indignity of paying additional taxes on our health care plans which will be counted as “income” under Obamacare.  Talk about being taxed TO DEATH!

Remember in November folks, the Democrats did all this on their own – and it’s time to toss every single politician that voted for ObamaCare right out of office, onto the streets.

Even with our stubbornly high unemployment rate, I’d be more than happy to see a bunch of no good politicians that refused to listen to the will of the people out of work!

It’s All About Him

All of you know who I am

Yep, we know who you are: a pompous, self-serving JACKASS.

Folks, I’m biting my own tongue here, really I am. I’m being kind saying “Jackass.”

The words that normally exit my mouth or my fingers via the keyboard are typically much, much worse in describing the piece of crap that sits in our White House.

I Want Your Money

New Film Lambasts Obama Socialist Spending

Too often we find that government is the problem, and not the solution.  Just in time for the November elections.