Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Tuesday, December 4, 2012

CaliFAILia

California was voted “Worst Run State” for the second year in a row last week, by 24/7 Wall St.. Due to high levels of debt with no relief in sight, the our S&P credit rating is the worst in the nation, our Moody’s credit rating is the second-worst. Much of California’s fiscal woes involve the economic downturn along with completely incompetent leadership ( see Pelosi, Feinstein, Boxer, Villaragosa, etc.). Home prices plunged by 33.6%!!! between 2006 and 2011, of course that was spurred by Bill Clinton's housing bubble bursting after forcing banks to give out bad loans (called ninja loans- No Income, No Job or Assets). The state’s foreclosure rate and unemployment rate were the third and second-highest in the country, respectively. The space case Gov. "Moonbeam" Jerry Brown is claiming to be making efforts to get finances on track. Stuck on stupid state voters passed a ballot initiative to raise sales taxes as well as income taxes for people who make at least $250,000 a year but like Obama, Brown will not reduce spending and is still pushing the asinine "High Speed" rail project which is looking to waste $100,000,000,000 that's one hundred billion dollars if you get lost counting all the zeros. While median income is the 10th-highest in the country, we also have one of the highest tax burdens on income. According to the Tax Foundation, the state also has the third-worst business tax climate in the country, businesses are fleeing the state like rats off a sinking ship. Add to that illegals sucking $9 billion out of the pot every year and we have what will soon be a bankrupt state. 

Now I love California, there are moments when you are driving near the coast or looking up at the beautiful mountains, that you forget about the potholes, the traffic, the razor wire around the freeway signs, the weeds, the bums, the hippies, the filth, the bars on the windows and miles and miles of graffiti, where you remember what God put here and get that warm feeling. But then the mess comes flying back in your face and I realize, it's time to go. It's time to leave California like many of my friends have and look for cleaner (not greener) pastures. The problem is California is a vacuum, a trap that sucks you in and holds you. I don't have the money to make a move so I am forced to continue slogging through the sludge looking for the moments of sunlight, be that with friends or seeing it in nature. 

So my advice is RUN, run away from this beautiful nightmare. Pull a John Galt and let it fall into the 9th level of hell and when the filth has burned itself away and the cloud of smug has cleared maybe then we can go back and reclaim the beautiful freedom that was once a cornucopia to the world.

I first saw this poster when I was taking a tour of Ellis Island, it's from the early 1920's


Wednesday, November 7, 2012

More Free Crap

Mitt Romney was no ones first choice to take on Obama, but he was on top at the end of the primary season and for the most part ran a solid campaign, he ran on the American classic theme of "Hard Work". But Obama ran on the much more fun "More Free Crap". It's hard for people to pass up free crap, now we know how hard. In the long run Romney was right in his 47% comment. Obama was right as well, in his '98 speech. This election was proof that the smooth talking, faux compassion, and free crap will sway the masses. More free crap is ultimately socialism and we know "The problem with socialism is that eventually you run out of other people's money"- Margaret Thatcher. Obama has been on a spending spree, he's run the national debt up over $16 trillion and now looks for the largest tax increases in American history to keep his spree going.

One of the biggest flubs (or so the media says) in Romney's campaign was his 47% comment. What he said was; "There are 47 percent of the people who will vote for the president no matter what," He went on. "There are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it." Now the term "victims" insulted people. But it wasn't wrong, these people are victims of Obama's agenda, but I'll get to that in a minute. These people aren't feeling the effects of being on the bottom. Back in the day when you were poor, you felt it. You ate cheap food, if you ate. You felt the burn of having to pull out those food stamps (they were once actually like stamps) and rip at them while everyone else looked at you. You watched a small broken tv, if had one. Your clothes had holes and your shoes were worn thin. But today at the bottom you eat whatever you want, from steak to shrimp, you buy soda and cookies. Your food stamps are pre-loaded on a slick credit card that you swipe and go without the stigma. There's a flat screen tv in the living room, and a couple others throughout the house. Your clothes look like everyone else's, they don't know you got them at Marshall's. Now we even have Obamaphones. The hard times just aren't hard anymore. So why give up more free crap. Romney's great America though commitment, sacrifice and hard work sounds so... hard.


If you don't like the thought of using the poor as political pawns, Obama was the wrong choice. In 1998 at Loyola  Obama said he viewed welfare recipients and “the working poor” as “a majority coalition” that could be mobilized to help advance progressive policies and elect their champions. So by his thought, he would need a "majority" of people in the welfare rolls to manipulate them into voting the way he wants. That is exactly what he did. He pummeled the middles class, shrinking it, sending more and more into his "majority coalition".  Don't forget the number of people applying for welfare every month is equal to or more than the number of jobs created. Mitt was right, but that won't change the need for more free crap.

I used the Thatcher quote above about OPM (other people's money), and that will be the failing of this experiment in socialism over the long run. It's what caused the Soviet Union to fall and what shifted China into this quasi-capitalist/socialist mash up. You can only rely on OPM for so long, the wealthy in this country will only give so much before they leave. The countries lending us money will only continue to do so for a few more credit downgrades before we are not worth investing in. More free crap is the sham, cause as we all know nothing is free! Someone is paying. Obamacare in not free healthcare, foodstamps are not free food, mandated birth control and abortions are not free. We can't keep inflating the stock market with printed money. Want proof? Click that link and watch how fast those dollars tick away, that has to be paid. Maybe not in the next 4 year when it is likely to jump up to $22trillion, but by our kids, grand kids and many generations after them. We are piling them down decades before they are born.

With the fiscal cliff fast approaching with unprecedented tax increases along with massive cuts to defense and medicare spending, we are responsible for keeping Obama in office. Now we will have to pay the price, and I promise when the free is gone all we'll have left is more crap. 








Tuesday, August 28, 2012

Just Saying...



  • Some women want the gov. out of their business when it comes to abortion, but all in their business when it comes to birth control?

  • Same women also complain there is no "rape exception" in the GOP platform, but technically there is no rape exception in the democrat platform either.
  • I would like to remind people of Obama's position; Even if the abortion fails and the baby is born ALIVE, another doctor comes in the room and KILLS IT!!!

  • With all this sudden interest in the Mormon church, I am left wondering why the media never looked into Obama's church under Rev.Wright?
  • Wesley Snipes skipped his taxes for three years and was put in jail, how could Romney get away with ten? The IRS gets it's money!
  • Is Los Angeles mayor Tony Villar termed out yet, cause LA has slipped into the 8th level of hell.
  • We're coming up on the 11th anniversary of 9/11, have we rebuilt the Twin Towers yet?
  • Jerry Brown recently said he wasn't going around trying to raise taxes in California, it's called Prop 30, look it up. Now I know why they call him Moonbeam, cause he's way out there.
  • People are complaining that LA. Mayor Bobby Jindal is asking for gov assistance over hurricane issac, but that's one of the things we actually want the gov to do.
  • Speaking of hurricane issac, several "celebrities", liberal ones of course, have been hoping and praying that issac would kill all the GOP at the RNC convention. Classy. #NewTone
  • Yesterday an Israeli court ruled the parents of a (moron) pro-palestinian protester have no civil case against the govt. for the girl being ran over by a bulldozer in a restricted area. LMAO!!!
  • Speaking of Israel, Iran has again threatened to wipe Israel off the map. They must have nukes cause the filthy bastards certainly aren't gonna use soap.
  • Apple won a billion dollar case against Samsung, and no one cared.
  • Has anyone actually told the code pinkos that dressing up like giant vaginas is disgusting and derogatory to women.
  • Obama honored the passing of American Hero Neil Armstrong by posting a picture of himself. Oh yeah and didn't order the flags half-staff. WTH? 
  • Umm excuse me Mr.President it's spelled O-H-I-O not O-I-H-O.
  • The libs have been running around saying RAPE is RAPE, which the whole country agrees with unless you are a democrat during the time Bill Clinton was in office or Roman Polanski forcibly (very graphic) sodomized a 13 year old girl (not rape rape).
  • Kindergarten tells child his name is too violent and he needs to change it, ARE YOU KIDDING ME!!!

Wednesday, December 1, 2010

2 Things That Are Bugging Me

I'll try to keep this short but no promises. I'm not even sure I will keep it to two things. There is so much in the news today that just really bugs me. Surprisingly enough it's not wikileaks, or the FCC trying to pass net neutrality with out congress or even Obamacare failing before it even starts. GM and taxcuts are the big two bugging me right this moment.


Let's start with the tax thing. Back during the Bush Administration the taxes were lowered and democrats add the deadline as a stipulation for letting the cuts happen in the first place. Jump to today, most of the MSM are touting the "Why do the rich need a tax cut" line. Let's be very clear about this, there are no tax cuts! We are looking at the largest tax increase in American history. Though I have recent;y seen some liberal attacks talking about how the Republicans want to raise your taxes, which is laughable at best. Raising taxes right now would be the worst move for the economy, especially for the "evil rich". While labeling George Soros as evil might fit, most of the so called "rich" are small business owners who currently employ around sixty five percent of the county. Raising their taxes would stall any chance of recovery to the job market and the economy would be doomed to stay in the hole for God knows how long. Though the talking heads in the MSM would want you to believe that at least the unemployment would spur the economy Rush does a good job at squashing that stupidity. Call the House (202)225-3121 and the Senate (202)224-3121 and let your representatives know tax increases are wrong at any level.


The GM fiasco is the other thing really just killing me. I touched on this in a previous post but it deserves a seconfd look, especially since GM is spending money (our money btw) on commercials thanking us for bailing them out.

This is a moment I am glad I have a middle finger. Let me run this out, our money was taken from us without our permission and given to GM in the form of a bailout. GM promptly went bankrupt and we  (again without consent) purchased the lion's share of GM's stock, the remainder was given to the UAW as a payoff. Now GM's stock goes on sale and the UAW stands to make a killing. The American tax payer on the other hand is looking at at least a ten billion dollar loss. Not to mention we are selling stock we already own to ourselves. Think about it; We (tax payers) purchased GM, now GM stock is on sale to the public (Us). So we are paying for something we already own. Worse than that the money isn't even going back in our pockets. It's going to the Federal Govt who got us into this mess in the first place. Show me the FORD, we should make a commercial thanking Ford for not taking a bailout. 

Monday, November 29, 2010

I'm Back

Sorry about that little stretch of quiet, I recently started a new job and have been swamped. The holidays are a busy time at K-Mart, yep I'm working at K-Mart. I can't get into details on K-Mart, there is actually a no social networking clause in my job description. Big K aside, I have been following the news and wanted to comment briefly on some of the big and not so big stories.


First off Korea; North Korea attacked a small island belonging to S. Korea disrupting some war games. The MSM is hyping this into another war. Officially the Korean War was never ended so it would be a re-escalation, but beyond that, this is nothing new. The last power shift in NK between Kim Il-Sung and current despot Kim Jong-Il there was the same show of power type deal. Now Kim Jong-Il is passing the dictatorial torch to his son Kim Jong-Un so it is no surprise NK is acting up. They probably want what they aways want when they do something stupid, more food and money from the US. Which we always give.


The Wikileaks classified document dump is another thing in the news big right now. Again we are not learning anything we didn't already know. Iran was funneling weapons to Hezbollah during the recent spat with Israel, duh! Does something need to be done about this? Yes, of course but is it being blow out of proportion probably to cover another story? I think so.


That story would be the "lame duck" congress going back to their failed agenda. Yes Nancy Pelosi is still in charge and right now as I type House Bill S510 (food safety) is being debated and goes for vote tomorrow. This is another power grab by the federal govt. via the FDA. I feel like American food is pretty safe and letting the FDA run wild with regulations and taxes is just going to hurt us where it counts most, our wallets. But there's more, a week after massive protest in California over the rising cost of universities, the "dream act"  is getting the big push from democrats and RINO republicans. This will allow deportable illegal aliens to attend college at a highly subsidized rate, the cost of this of course falls on us the US taxpayer. The list could go on, but I promised brevity.

Saturday, November 13, 2010

QE2 Is No Boat, But It Is Costing Us A Boatload!

I was going to write out a long form post explaining QE2 (quantitative easing), I have been reading up and getting all the lingo sorted out so I could make it as clear as possible. Jump ahead two hours and I found this little gold nugget. Thanks to Karl Denninger for making it so clear and easy.


I wouldn't have done any better, remember folks if shooting yourself in the foot doesn't work the first time, shoot the other foot and see if that makes it all better.