Monday, February 23, 2009

Real Quick

Just a quick little bit of research to hand out.
Not too sure if you heard about President Obama's little forum today. It was to talk about Fiscal Responsibility.......Here were the attendees
Unions
John Gage, American Federation of Government Employees
John Sweeney, AFL-CIO
Gerry McEntee, American Federation of State, County and Municipal Employees
Randi Weingarten, American Federation of Teachers
Anna Burger, Change to Win
Dennis Van Roekel, National Education Association
Andy Stern, Service Employees Union International
Health Care Associations
Richard Umbdenstock, American Hospital Association
Nancy Neilson , American Medical Association
Becky Patton, American Nurses Association
Health Policy Foundations
Karen Davis, Commonwealth Fund
Drew Altman, Kaiser Family Foundation
Racial and Ethnic Interest Groups
Karen Narasaki, Asian American Justice Center (AAJC)
Dr. Ho Tran, Asian Pacific Islanders American Health Forum (APIAHF)
Gary Flowers, Black Leadership Forum
Eleanor Hinton Hoytt, Black Womens Health Imperative
Maya Rockeymoore, Congressional Black Caucus Foundation
Hilary Shelton, NAACP
Jackie Johnson Pata, National Congress of American Indians
Janet Murguia, National Council of La Raza
Marc Morial, National Urban League (NY)
Seniors, Women, Disabled, Gay Rights Groups
Bill Novelli, AARP
Ed Coyle, Alliance for Retired Americans
Marty Ford, Consortium for Citizens with Disabilities
Ellie Smeal, Feminist Majority
Joe Salomonese, Human Rights Campaign
Heidi Hartmann, Institute for Women's Policy
Left-Leaning Think Tanks and Advocacy Groups
Alice Rivlin, Brookings Institution
Roger Hickey, Campaign for America's Future
John Podesta, Center for American Progress
Larry Korb, Center for American Progress
Dean Baker, Center for Economic and Policy Research
Robert Greenstein, Center on Budget and Policy Priorities
Lawrence Mishel, Economic Policy Institute
John Cavanagh, Institue for Policy Studies
Barbara B. Kennelly, National Committee to Preserve Social Security and Medicare
Al From, Progressive Policy Institute
Robert Reischauer, Urban Institute
Right-Leaning Think Tanks and Advocacy Groups
Kevin Hassitt, American Enterprise Institute
Maya MacGuinneas, Committee for a Responsible Federal Budget
Bob Bixby, Concord Coalition
Stewart Butler, Heritage Foundation
David Walker, Peter G. Peterson Foundation
Peter Peterson, Peter G. Peterson Foundation
Ron Pollack, Families USA
Business Interest Groups
John Castellani, Business Roundtable
Joe Minarek, Center for Economic Development
Martin Regalia, U.S. Chamber of Commerce
Todd Stottlemyer, National Association of Independent Businesses
Universities
Bill Spriggs, Howard University
Fernando Torres-Gil, UCLA
Michael Graetz, Yale
Wall Street Law Firm
Fred Goldberg, Skadden
So far it's parties and speeches for this group of crooks. In between the circle jerk he gets to take from us and give to others. He has the audacity to have a meeting like this? That's like a Bill Clinton "Ethical Uses of Cigars" meeting. Or a Jeffery Dahmer "What also tastes like chicken" meeting. YOU CRINGE AT THE THOUGHT!!! He said something that amazed me today. His speech writers put in a little sound bite that I bit on. It was "We cannot take on a deficit that our children cannot pay back"
Hey genius.....
I wouldn't borrow money against my sweet little daughter. Why the hell do you think I'm so upset that you are?

Lessons for the week


A real live person asked me how tax cuts would benefit anyone other than the rich and how it would keep tax money flowing to the government so they could keep programs open. Deciding to let the "Massive cuts in government" argument go for the day I attempted to show him in a very simple and easy to understand way. This person works in the restaurant industry so I used that industry as the example. Here is what I told him.
(All names have been changed to protect the innocent and the not so innocent)
Joe owns a successful restaurant in Memphis and wants to expand his business into two different cities. Joe pays $15 in taxes for each location he has. If he opened both he would have $30 in new taxes and that is too much so he will only be able to open one. He opens one and has to hire 10 people to work in his new restaurant. They all pay $1 in taxes. By staying the same we have 1 new company, 10 new jobs and $25 in new tax money.
Now
Let's cut Joe's taxes to $10 per club. Now he CAN afford to open both new locations. $30 was too much, but $20 is just under the max he could afford. Now he has to staff those two clubs. The same rules apply and he needs to hire 10 people at each new club. Now do the math. We have 20 new jobs and $40 in new tax money.
By cutting corporate taxes, the government would allow people like Joe to go out and grow their business. New Jobs are created and the economy gets back on it's feet.
EVEN WITH THIS.....There were questions.
Q) Who's to say that all companies do this?
A) Nothing. But successful companies and businesses are always looking to grow. They do this through good investments and good business decisions. Use either of those two in a sentence with the word government. Some will not expand. They may take the extra tax cuts and pay off debt they got into with the high taxes. Guess What....That's good as well. Some will, some won't the point is that a free market will work better than government "Asset Redistribution"
Q) What about those 20 people that didn't get a cut in their taxes. Joe got his lowered by $5 and they still pay $1.
A) Correct all we did was cut the corporate tax rate. The individual still pays the same amount. BUT 20 people now have a job and can provide for their family. Paying $1 in taxes and having a job is better than paying no taxes and not having a job.
Of course the usual questions and statements about past administration and past spending and the war and global cooling and oil and cars that run on baby farts and elfkin tears all came up as well. But I try not to bite off more than I can chew. We'll just start small. I have given up on the idiots in Washington that forgot they work for us and not over us. I am focusing on a local level.

Monday, February 9, 2009

A daily rant






Seriously? Really?






People I know have me using these words all the time. It's usually with a dumbfounded look after they tell me how Obama can fix the economy by spending money. I am trying to explain how this is just a way for them to get approval to the safe and hand out money to those that got them elected and will keep in office.






I really don't know how people can see this as a good idea.






Some examples of stupidity:






They say this...



The goal is to get people to spend money at a time when most are cutting back and saving more. It makes sense to be frugal when the economy is in such bad shape, but it hurts the economy when everyone does it.






Now why are we in bad shape? Most in the media, Most in the white house and Most with no real knowledge of the situation will say the "Failed policies and practices of the last 8 years" Well kinda...I put more into the last two years than the entire 8, but whatever. The truth of the matter is we borrowed too much and invested it unwisely. That's it. Now they want to borrow more and invest it again. We've done this now 3 times and it has not worked. I swear everytime these idiots talk I hear clips of Forrest Gump in my head.






Millions of additional low-income workers who don't make enough money to pay income taxes would get checks from the government when they file their 2009 tax returns.






Read it again. That's the definition of welfare. I paid my taxes because I went to work. Someone else gets that money because they did not. As anyone that knows me will tell you, I have a way with words. I know when they are using words to make things sound better. It's all in how you word things. "Global Warming" has now been shifted to "Climate Change" because...well it has been freaking cold and nobody was buying Al Gore's repackaged speeches. "American Recovery and Reinvestment" has been changed to "Stimulus Package" because the majority of Americans don't need to recover. I'm fine. Once the government gets what it wants I won't be, but right now.....I'm fine. The Reinvestment was the problem. The spreading the wealth was the problem. Not popular with the tax payers.






So all the ear marks, BS infrastructure/education/medicine spending and new computers for the federal buildings aside...what are they trying to sell the American people. Tax Breaks....IF!!






Buy a new house. (First time buyers only. The rest of us can get more energy efficient and get up to 30% credited back in April.) Unless you have money to pay up front you have to finance that. $1,500 credit in taxes.....or as I like to call it. 1 to 3 months free...then the mortgage is on you. What if you can't afford that? What if you buy a house for the tax credit and then realize you can't afford that? Do you think the struggling banking system is going to care? NOPE






Buy a new car. The money you pay in sales tax and interest can be deducted. So says the Senate...Not the house. What if you don't need a new car. Spending $10 to save $1 is just spending $9. And why new cars? They already got paid. Can't we buy something else?






Pop out some more kids. -- The Earned Income Tax Credit would be expanded for poor families with three or more children who pay no income taxes. The maximum check they could receive from the government would rise $5,028 to $5,656. YUP. If all this stimulus causes you to reproduce another child.....more free money.






Why can't they just understand that THEY are the problem. Well they call it greed. I call it success, but we do see some greed in the system. That's just the way it goes. Some business people will make bad decisions. This is where a free market society will see those decisions and go to a competitor. The problem with government is that it is a living breathing beast. It will fight to survive just as all other living breathing beasts do. In order to get out of the American Tax Payers way....THEY have to cut jobs and stop spending. Why no tax breaks?






I'll say this so you can all understand it.






Our tax dollars are their salaries.



If we stop paying taxes or pay less in taxes, they have to cut back on what they can spend and what they can make. Hell they may have to cut government jobs!!




I hope this helps. As a new daddy I feel obligated to educate these days. Here I am educating my little girl on Realistic "Alternative Renewable Energy" This is domestic daddy power.