Tag: It’s not the low taxes: it’s the out of control spending

OK, that was actually a good move

Everyone here knows that I have very little love for Ryan these dahys, but when he does something right, I will give him his props. From the article:

Speaker Paul Ryan (R-Wis.) on Wednesday persuaded Republicans to postpone votes on bringing back legislative earmarks until 2017 after reminding members of President-elect Donald Trump’s promise to “drain the swamp” of Washington.

House Republicans were set to hold a secret ballot on changes to their internal conference rules that would have allowed lawmakers to direct spending to projects in their districts under certain circumstances.

Based on what lawmakers were saying in the meeting, “it was likely that an earmark amendment would have passed,” according to a source in the room.
“Ultimately, the Speaker stepped in and urged that we not make this decision today,” the source said.

Behind former Speaker John Boehner (R-Ohio), Republicans banned earmarks after winning the House in 2010 and have stuck by that policy despite grumbling from both sides of the aisle.

I am glad Ryan put an end to this terrible, terrible idea, and very impressed he did it for the right reason. I am really, really angry that the republican establishment douche-bags thinks it is time to bring back pork barrel spending now that they are in the majority. WTF, have you not glommed that the fact so many people voted for Trump was precisely this sort of statist waste, you fucking idiots?

With the GOP now set to control both Congress and the White House next year, some Republicans are agitating for change.

Reps. John Culberson of Texas, Mike Rogers of Alabama and Tom Rooney of Florida filed an amendment to GOP rules that would ease the earmark ban by creating a new process for targeted spending.

A separate proposal by Rooney that focused more narrowly on Army Corps of Engineers projects appeared to have the votes to pass on Wednesday, several lawmakers said.

Not only no, but hell no. As was pointed out before: no matter how good the original intention of the idea – and I am not saying these people have good intentions at all, and suspect they are teeing this up this way precisely because they can get the votes from others that actually in this one case see this as a good move – it will end up abused.

Short cuts even for what some might believe to be good things, just leaves the door open for others that later come along, to do bad things, as a lot of liberals, driven psychotic because Trump inherited the government machine they just spent the last 8 years weaponizing to force thing their way, are now realizing.

Mo earmarking. Despite all the arguments that it is needed to make some thing move faster, this idiotic practice is all but guaranteed to devolve back into what it was: a machine to allow those that use that practice to collect campaign money by pushing for pork barrel spending at the tax payers expense.

Here is some advice Mr. Ryan: never let this shit come back under the “Drain the swamp” administration. if you do, I am going to assume you did that because you wanted to sabotage this move to defang the establishment.

This is working out well…

In case you don’t live in the US, today is tax day. If you are like me, you set it up so Uncle Sam takes the least amount possible during the year from your paycheck, and after you do your taxes, sent these parasites a check for whatever you owe them. Unlike most of the people that tell you our system is unfair because others are doing better than them, I can actually control my spending and even do a bit of saving. I know how to make my money work better for me and don’t need to use government as a savings plan to make sure I don’t blow my cash on blow, booze, and bitchez. That whole thing about if we magically managed to redistribute the world’s wealth equally today, by the end of the month, with so few exceptions we can drop them as statistical noise, we would be back exactly where we started, with the same people complaining about how the system is rigged against them and looking for a handout. But that’s not what this piece is about.

I actually wanted to point out a major flaw in our system. When you have almost half of the people in your country not paying federal taxes or ending up with an effective marginal rate of zero or lower, and they get to vote, these people will never have a problem with the rest of us getting soaked by the crooks in DC, which continue to collect record amounts of money, despite most people predicting that things are heading south. Yeah, I know we have been told by a complicit and completely owned subsidiary of the DNC that masquerades as the media that we have been in an economic recovery, for 8 years now since Obama took over, but those of us actually working don’t see any of that recovery, and actually see things getting worse.

The thing is that we have 2 candidates, both in the same party, telling us DC should be taking even more money from the productive so they can increase the number of people sucking at the government teat. Shit, one of them has dropped any pretense of reality, and is promising $18 trillion in new entitlements and government handouts. My favorite one is free college. We get told that college has now become a necessity for people to qualify for better jobs, and thus, college should now be treated like so many other things the left wants us to now take as obligations of the productive to pay for the masses to have. I have yet to get any of the “free college” morons to explain to me why I should expect this to not result in college educations turning into even bigger wastes of money and time than they have become today. After all, we already have a government run free K-12 education system, and nobody that has a modicum of honesty and scruples, believes this system has been anything but an abysmal failure. It used to suffice to finish high school to actually be qualified for good employment. Then government took that over and dumbed it down so the failure of the unionized but well connected education establishment could avoid owning the miasma they created, and we all know how many people now leave high school without having met even the lowest of standards to show they actually worked on getting educated. Anyone else find hilarity in the fact that it is the same people that fucked over the K-12 system that now want to take over and make college free as well? That’s gonna end so well…

Anyway, back to talking taxes. Don’t get me wrong. I understand that we should pay some taxes. My disagreement is with a system that allows people that don’t pay anything to elect politicians that then tell the rest of us we need to pony up even more of our money for them to expand the abuse and corruption already rampant in the system. The best change to save our system of government right now, the one that would do the most to curb government abuses across the board, would be a flat tax and the abolishment of the IRS. If everyone has to pay an equal percentage, we will all have the same skin in the game, and with people that vote for a living suddenly out of that job, DC might finally be forced into fiscal responsibility. Even more important, the current corrupt system that allows the political aristocracy to abrogate itself unlimited wealth and power by forcing the rest of us to buy favors from them, especially taxation mitigation related favors, would implode overnight. No wonder that neither the collectivist & crony economy party nor the less collectivist and crony economy party want to do that.

As you send more of your hard earned pay to DC to be squandered by the vote buying aristocracy and their schemes and scams, remember that the answer to quite a few of this great country’s problems is actually quit simple. A flat tax would do away with so many of the special mechanisms that have propped up this dysfunctional bloated government we have today and in a single move force DC into dealing both with the economic reality they have created as well as return some sanity to the political class. It is therefore that it is anathema to the current political aristocracy whom would lose drastically should the status quo be upset. A man raped every year by the big government state – so people that pretend they mean well ca keep buying votes from close to half of the country that has no skin in the tax paying game – can dream.

They are all crooks

Just look at this and you will know what I mean..

This is another of the reasons why Trump has appeal as well..

Douchebag says what?

One of the biggest idiots and a chief architect of Obama’s campaign to turn America into a banana republic, again shows he is a fucking moron:

(Weekly Standard) Senate majority leader Harry Reid says that “Everybody” is “willing to pay more” taxes. He said so in an interview with a Nevada Public Radio host.

“The only people who feel there shouldn’t be more coming in to the federal government from the rich people are the Republicans in the Congress,” Reid told the radio host, according to Roll Call. “Everybody else, including the rich people, are willing to pay more. They want to pay more.”

I would like to use two of the most left leaning entities out there as examples, and a reference to quite a few others, to discredit this idiot’s bullshit.

U.S. Senate scrutiny of Apple Inc. (AAPL)’s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that’s incorporated in Ireland, controlled by a board in California, and doesn’t pay taxes in either place. Apple officials acknowledged yesterday at a congressional hearing that the entity — a key subsidiary in Apple’s offshore tax strategy — is managed and controlled in the U.S., yet it still isn’t paying U.S. federal income taxes.

The shifting of profits by multinational companies is costing the U.S. and Europe at least $100 billion per year in lost tax revenue, according to Kimberly Clausing, an economics professor at Reed University in Portland, Oregon. “Over the decades, Congress and governments around the world have allowed a system to develop which allows multinational companies to earn income tax-free by using contracts to shift the income, on paper, to companies in low-and zero-tax countries,” said Michael Durst, a retired international tax attorney based in Washington. The result “is eroding public confidence in the fairness of tax systems in the United States and around the world.”

Similar practices by an assortment of companies — from Google Inc. (GOOG), owner of the world’s most popular Internet search engine, to Forest Laboratories Inc. (FRX), the maker of antidepressant drug Lexapro — are drawing increased scrutiny from regulators in the U.S. and around the world, particularly as European nations face a backlash against austerity measures.

Apple and Google are but two of these entities that do not feel any obligation to pay their taxes. Another big one is GE, a company whose CEO, Jeffery Immelt, was a key member of the Obama cabinet, and masterful at not paying more taxes like that idiot Reid claims all lefties do. I bet you Immelt, like the hard core left leaning top men at Google and Apple to go back to those examples, all pay top dollar to their personal accountants to avoid onerous taxes, too.

And if you think the problem is with me pointing to evil korporashuns to make that asshat look like the idiot he is, let me talk about some of these people on the left that Reid says are all ready to pay more taxes. Let’s start with our illustrious SEC State John Kerry, whom parked his yacht in another state to avoid paying taxes. Then there is Timmy Geithner, another Obama stud, whom just chose not to pay a good chunk of his taxes at all! I am also sure no democrat uses an accountant to prepare their taxes, just filing a 1040EZ, without any deductions, because, as Reid says, they are quite happy to send more of their money to Uncle Sam for the bureaucracy to burn up. I wonder if Reid and other prominent democrats make their returns public so we can see them all paying more in taxes. Or maybe not.

Hey douchebag, if you really want others to pay more, lead by example. There already is a way to make sure people like you can pay as much as they want: just go here. Then publish them returns. Until then shut the fuck up you hypocritical cock gobbling bastard. Fuck these crooks with their hands in our wallets are just despicable. Cut the fucking spending on the bloated vote buying bureaucracy instead.

Again: you have to go to the foreign press to get the facts

Our bought & paid for DNC propagandists in the LSM are all busy providing cover for a terrible budget. For example, AP reports the budget as follows:

WASHINGTON (AP) — President Barack Obama is sending Congress a $3.77 trillion spending blueprint that seeks to achieve an elusive “grand bargain” to tame runaway deficits by raising taxes further on the wealthy and trimming popular benefit programs such as Social Security.

The president’s proposal being unveiled Wednesday includes an additional $1.8 trillion in deficit reduction over the next decade, bringing total deficit savings to $4.3 trillion, based on the administration’s calculations.

It projects that the deficit for the 2014 budget year, which begins Oct. 1, would fall to $744 billion. That would be the lowest gap between spending and revenue since 2008.

But instead of moving Congress nearer a grand bargain, Obama’s proposals so far have managed to anger both Republicans, who are upset by higher taxes, and Democrats upset with cuts to Social Security benefits.

The president’s spending and tax plan is two months late. The administration blames the delay on the lengthy “fiscal cliff” negotiations at the end of December and then fights over the March 1 automatic spending cuts.

Obama’s budget is going to save!!!1! Not only is he dreamy, but he is trying so hard to strike a bargain which reduces deficits and still helps the oppressed! Never mind that the numbers used to make that claim come from his administration, and that so far none of the numbers they have given us, on any and all of their other bullshit predictions, have ever panned out, but focus on how it is those pesky and evil rethuglicans that are the problem, while the democrats are justifiably mad that they are ripping off those poor senior citizens. If Obama manages to get this through we end up with a huge reduction in our deficit gap! Only $744 billion instead of the trillion plus it has ran at for the last 5 years. Blah blah, blah.

Some others try to pretend they are criticizing the budget, like The Hill does:

President Obama’s budget to be released on Wednesday would leave the nation with a $744 billion budget deficit in 2014 despite new entitlement cuts and tax hikes.

The $1.058 trillion budget for fiscal year 2014 — which will arrive on Capitol Hill about two months late — would turn off the automatic spending cuts known as the sequester and raise $580 billion in new tax revenue over ten years by limiting tax deductions for upper-income households.

The budget increases spending in 2014 when compared to spending under the sequester. Leaving the sequester in place would lead to $966 billion in discretionary spending in 2014.

Total spending in fiscal year 2014 including on entitlements would be $3.77 trillion.

For the first time, Obama’s budget counts revenue from a “Buffett Rule” requiring that households with annual income over $1 million pay at least a 30 percent tax rate after charitable deductions. The rule is named after investor Warren Buffett and was only a suggestion in the last Obama budget.

If he but left the sequester in place we would save more. And that Buffet rule is finally there. We only will spend something a little south of $3.8 trillion dollars too. More Blah, blah, blah.

Then you have some of the other LSM propagandists focusing on how the donkey are peeved at Obama’s grand bargain:

Calling Obama’s offer “nuts,” Sanders went on: “The White House tells us they want to defend the middle class — that’s their mantra. If you want to defend the middle class you don’t cut Social Security, you don’t cut Medicare, and you don’t cut benefits for disabled vets.”

“Say it!” somebody shouted.

“Give it to ’em!” somebody else called out.

Sanders’s ire was real, as was that of his fellow demonstrators: a pair of congressmen plus representatives of the AFL-CIO, the National Organization for Women, MoveOn.org, Campaign for America’s Future and the rest of the liberal establishment. “Inhumane,” they said of Obama’s proposal. “Dickensian … reprehensible.”

But, in reality, the progressives’ street protest did Obama a favor. He needs to have the likes of Bernie Sanders against him. It strengthens his hand and helps him negotiate a better deal with Republican leaders, who can now see that liberal backbenchers and interest groups can sometimes be as intransigent as conservatives.

Oh Bernie, aren’t you a dream? And look at how you make Obama strong and give him leverage because you feign anger at a reduction in expected growth, a stupid accounting trick that should not fool even a child, that the DNC propagandists are bandying as a cut! How noble. Blah, blah, blah.

Even Fox News goes along with the DNC established line that this budget must be awesome because it riled both parties and seems to be an exact duplicate of the AP propaganda piece. I will spare you the repeated drivel since it parrots everything the AP story says almost verbatim. More blah, blah, blah.

And then you have this:

Early analysis: Obama’s 2014 budget numbers are based on bad math, phantom revenues, imagined spending cuts and a middle-class tax hike:

* White House promises $1.8 trillion in deficit reduction, although similar previous claims have been debunked
* New method of measuring cost-of-living increases will lower benefit payouts and push middle-class earners into higher tax brackets
* Speaker Boehner’s spokesperson: ‘Any deficit reduction will come exclusively from tax hikes’
* Administration’s formula depends on cost savings from Obamacare, which may be more costly to implement than previously thought

We finally got some truth and reality. But it had to come from the foreign press. And I think these revelations are tame, because the reality is bound to be far worse. From the article:

FactCheck.org, a program of the University of Pennsylvania’s Annenberg Policy Center, reported in February that Obama’s total sum included about $600 billion, however, in new taxes – not spending reductions. It also included $500 billion in reductions of the amount the federal government planned to pay in future interest on its debts.

Only about $1.4 trillion consisted of actual spending cuts – or at least what Washington wonks call spending cuts.

Federal budgets are configured along what’s called a ‘baseline,’ providing a predetermined level of year-on-year increases that Congress has set on auto-pilot, and with which the White House generally considers it unwise to interfere.

The $1.4 trillion in cuts were merely reductions in those planned rates of spending increases.

The Daily Caller quoted House Speaker John Boehner’s press secretary, Brendan Buck, who dismissed in an email the idea that the White House’s budget will actually trim spending.

‘So where are the net spending cuts? I guess they don’t exist,’ Buck wrote. ‘The president’s budget will – at best – be flat on spending – or potentially even be a net spending increase [and] any deficit reduction will come exclusively from tax hikes.’

That’s the facts. The donkeys are not cutting anything. They are using accounting gimmicks and a partisan media to pretend that’s happening, and a complicit media and stupid republicans that can’ or won’t do much better, are going along with this nonsense. In fact, if things work out as they usually do when it comes to predictions of any kind of savings or cuts by our collectivist masters, what we end up with will be a spending increase. Bank on it being an increase in spending. Leviathan never cuts, and that’s a fact you can take to the bank when the left is in charge.

What this budget does do for sure is again raise taxes. And despite the banter about how it will be the rich paying up, those getting socked will be in the middle class. Leftists hate the middle class. They like those that are sucking on the government’s teat and have to vote for them and the stinking rich that pay homage to them. Everyone else is a mark to be fleeced. Party of the little people, indeed, but let’s pretend this pile a shit is a step in the right direction. We are going off the cliff, and the train is speeding up instead of slowing down.

The tragedy goes on..

I guess that since our lord and savior won the election, we better get used to pure propaganda stories about how awesome things are getting like this one.

CNN reports that practically all Americans went shopping over “Black Friday” weekend.

“A record 247 million shoppers visited stores and websites in the post-Thanksgiving Black Friday weekend this year, up 9% from 226 million last year, according to a survey by the National Retail Federation released Sunday,” the CNN reports reads. The headline reads: “247 million shoppers visited stores and websites Black Friday weekend.”

I guess I am either not an adult – I did zero shopping – or that number was pulled straight out of their asses. Have no doubt that this stuff is part and parcel of the propaganda campaign that is supposed to convince people that the abysmal economy has made a turn for the better because “The One” was reelected. The facts speak differently. Our government is spending far more than any economy could ever support, and the left refuses to admit that.

The narrative is why we are getting so much hot air about how republicans MUST give in to tax increases on the evil rich. As I pointed out in other posts, the amount of money that these rate hikes on the evil rich will produce are going to be of no consequence. There is a reason that the media keeps reporting the revenue that this roll back would produce over a 10 year span instead: you have to multiply it by 10 to even come close to matching the number we suppose they are currently over spending by each year. When you understand that our government is spending at least $ 1.2 trillion more than they collect -and without a real budget for the last 4 years, they could be spending twice that for all we know – and have plans to jack that spending up, this fight to stick it to the rich comes into perspective: it is a political stunt.

The reason the left is hell bent on pushing for this hike is simple: they believe that the propagandists in the LSM will spin it in their favor, and they can’t lose. The fact that the revenue it will raise is not going to matter much be damned. Look, what you as one of the people they want to dupe need to know is the following: if they propose to jack up spending by 10% then provide this massive “fiscal cliff” kabuki dance in which they cover 1% of that spending, it is not a good deal. Even worse is the fact that the left is pretending that since they are implying they will give us a 4 to 1 ratio of spending cuts to new revenue, that things will balance out. Even if we where lucky enough to get that cutting – and my bet is that it will basically all come out of defense if the left gets its way – we will still have increased deficit spending of 5%. We lose, they win.