Tag Archives: Economy

2012 Election, Economy, Fair Tax, Media, Politics

Phase 2, The FairTax

If the mainstream media could ignore Herman Cain’s economic plan any more, I can’t imagine how. From the questions asked at the Bloomberg so-called debate about economic plans, you would think that Herman Cain’s 9-9-9 economic plan was just a nine percent tax. When in real life, the 9-9-9- tax plan is the bridge to converting to the FairTax.

We get there in two stages. Phase one is the 9-9-9 taxing structure, which also ends the payroll tax, capital gains tax, the death tax, and the elimination of double taxation of dividends. It also eliminates the fear, uncertainty, and doubt caused by our current tax policies and the politicians in Washington. The economic impact is immediate, and sets the stage for the permanent, more stimulative, and more progressive ‘FairTax’ method of funding the government.

That there are two stages is out of necessity. The FairTax requires more time to educate the public of its benefits to them and to the country. It is Phase One that will get us going sooner than later, and in due course it will be replaced by the FairTax.

The FairTax is the best long-term solution to funding the government in a business friendly environment than anything ever tried in the United States. It is the bold reform that we need.

2012 Election, Economy, Fair Tax, Media, Politics

Debate Falls Short On Herman Cain’s 9-9-9 Plan

There’s no doubt that Herman Cain’s challengers for the Republican nomination want to knock him out of the race ASAP. They want the nomination. There is also no doubt that his challengers, and the media, are not being honest with you about Cain’s 9-9-9 plan.

The demagoguery begins with misrepresentation #1. Adding a sales tax. The truth that they all intentionally miss is that this plan REPLACES (that means ends) the current income tax, payroll tax, capital gains tax, death tax, and the double taxation of dividends. This 9 percent sales tax is not in addition to the current IRS tax code. The taxes that are eliminated more than make up for a 9 percent tax which is applied only on new goods and services. Advantage to ‘working people.’

On the corporate / business level, Cain’s 9-9-9 plan provides certainty. The 9-9-9 plan eliminates the FUD factor. The biggest impediment to economic recovery we face is the Fear, Uncertainty, and Doubt that this administration foments, and that Cain’s challengers’ plans do not address. His challengers want to tinker around with the current abortion of a tax code which is part of the problem for our economic woes. The current tax code, which supports hundreds of special interest lobbyists and manipulative politicians, must go.

Whether it is a deliberate dodge or incomplete preparation, Cain’s opponents (media included) don’t talk about Phase 2 of Cain’s plan for economic recovery. That’s because they have nothing better that can touch it.

Phase 1 will give an immediate stimulus to business and personal income. It will end the FUD factor. It will increase the tax base. It will level the playing field for our multi-national businesses. The reason Phase 1 is needed is because it will be an economic stimulus right away. And it does all that now.

The other blatant obfuscation of Cain’s 9-9-9 plan is its ‘Phase 2.’ Enacting the FairTax requires educating the folks about it. Because of that, it will take longer to implement. What they are all missing is that 9-9-9 is the bridge to the FairTax. 9-9-9 is Phase 1. The FairTax is Phase 2. Which so far has not even been mentioned by his opponents or the media.

Bottom line, Herman Cain has the right solution to the country’s problem. It is bold enough to do exactly what is needed. The FairTax will be the economic engine to grow our economy. And growing the economy is the only possible way to solve our economic problems. The solution is not higher taxes. The solution, according to  Cain, is eliminating the FUD factor, decreasing spending, broadening the tax base, and decreasing taxes.

 

Economy, Florida, Organized Labor, Pensacola, Politics, Whiners

Occupy Everything, What’s Their Goal?

When you think about the Organizing Everything protests and Democrats like Nancy Pelosi, Harry Reid, Rahm Emanuel, and Barack Obama, do you ever think of the SEIU? Maybe most people would just think that the administration would do anything, like endorsing these protesters, to draw the focus away from their failed policies and onto the bogeyman, Wall Street.

Despite all attempts from the Left to legitimize these Marxist mobs by comparing them to Tea Party rallies, these two videos will, all on their own, show them for protest-corporate-greedwhat they are. Anti-capitalists, socialists, and then some.

First up is radical labor organizer Stephen Lerner, serving on the International Executive Board of the 2.2 million member Service Employees International Union, SEIU. He intends to take it to the next level and terrorize the families of bank executives in their homes as part of the Occupy Wall Street protests.

Stephen Lerner . . .

There’s moments in history where people take action and do something heroic. Where we do something heroic. Where we take risks.

If we are really serious about movement building then we think one part is we have to act heroically. That we have to inspire people by our actions and we have to be willing to take incredible personal and collective risks.

And that’s the time and there’s moments where history shifts and we’re going to decide if it shifts.

And this one is an interview with one of the organizers of the Occupy Wall Street group. She says up-front exactly what they’re all about. Anti-capitalism, anti-corporation.

Now this third video just shows that some pundits on the Left, like talk show host Mike Papantonio, are a little out of step with the movement. Doing what lawyers do, progressive Papantonio says capitalism is great! Ed Shultz was speechless. Papantonio starts at 3:50 into the video.

However, the title of his video, Now’s The Time to Get Mad and Do Something, is right in tune with Stephen Lerner. Looks like he is inciting some front yard action himself. He does go on to whine about something local. The ATU / ECAT dispute. The union is the victim. They want to be exempt from the Obama depression. Oh well. He says they are being attacked by a foreign corporation that operates the bus transportation for Escambia County. The AFL-CIO affiliate is considering a second strike on the backs of the poor.

Economy, Politics

Obama’s ‘You’ve Gotten Soft’

Obama Scolds Nation: You’ve Gotten Soft

“The way I think about it is, you know, this is, uh, you know, a great, uh, great country that had gotten a little soft, and you know, we didn’t have that same competitive edge that we needed over the last, uh, couple of decades. We need to get back on track.” — President Barack Obama.

The gall is breathtaking, even from a man who as a presidential candidate said, “We are the ones we’ve been waiting for.”

Continue reading Obama’s ‘You’ve Gotten Soft’ →

2012 Election, Economy, Organized Labor, Politics, Whiners

Remembering What ‘Democracy’ Looks Like

4 Comments

This Is What A Mob Looks Like

I am not the first to note the vast differences between the Wall Street protesters and the tea partiers. To name three: The tea partiers have jobs, showers and a point.

No one knows what the Wall Street protesters want — as is typical of mobs. They say they want Obama re-elected, but claim to hate “Wall Street.” You know, the same Wall Street that gave its largest campaign donation in history to Obama, who, in turn, bailed out the banks and made Goldman Sachs the fourth branch of government.

This would be like opposing fattening, processed foods, but cheering Michael Moore — which the protesters also did this week.
Continue reading Remembering What ‘Democracy’ Looks Like →

Economy, Organized Labor, Politics

Labor Unions And The ‘Occupy Everywhere’ Protests

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Sign says 'Abolish Capitalism, Fight for Socialism.' That's the agenda of the 'Workers World' bunch.

‘Occupy Wall Street’ was only the beginning for the United States. Now the same thing is happening all over the country.

But unlike the Tea Party movement which was a spontaneous reaction to just about everything the Obama administration is doing, this throwback to the demonstrations of the 1960’s these Marxist ‘demonstrators’ are trying to mimic Egypt in the so-called Arab Spring. Their intent is to force whatever changes they want if they just make enough trouble, like what happened in Egypt. In their short lives, they must think that what happened in Egypt can happen here.

There is one thing common between the Egyptian uprising and the ‘Occupy Everywhere’ protesters. Both were supported by BIG LABOR.

“We’re down with these protesters. We support the notion that rich folk are not paying their fair share,” said Transport Workers Union President John Samuelsen. “Our bus operators are not going to be pressed into service to arrest protesters anywhere.”

It isn’t about jobs, work, or the economy in general. They are desperate to get their unfunded pensions bailed out and desperate to reverse the trend of a shrinking membership.

Try this . . .

Van Jones, now senior fellow at the George Soros backed Center for American Progress.

Update: Remember Van Jones, the former Green Jobs Czar? He is all about this manufactured civil unrest.

 

 

 

 

“I think everybody should hold onto your seats,” said Jones on Thursday’s MSNBC program “The Last Word With Lawrence O’Donnell.”

“October is going to be the turning point when it comes to the progressive fight back,” he went on. “We are a part of something called the American Dream Movement. We`re having a huge summit on Monday, Tuesday and Wednesday. Come—you can go to rebuildthedream.com and find out more about it. We are going to build a progressive counterbalance to the Tea Party.”

Progressives should fight back, Van Jones says. What, can’t handle an election?

He also says that what we are seeing on the evening news is a counterbalance to the Tea Party. Not sure if that means they will start bathing. Stark difference between the two ‘movements’ is that the Tea Party folks know why they are petitioning their government. These Occupy Wall Street hippies haven’t a clue.

I don’t understand the liberal perspective on what ‘normal’ is. Why would saving our country from a socialist regime need a counterbalance? One group is the cream of the crop, Americans who know of and respect the Constitution for what it is and what it means. The other group is the bottom of the barrel and don’t have a clue about their country. They believe that they can change our government by popular demand according to what’s cool in the world. As if our form of government is a fad.

The dirty little anarchists haven’t noticed the failure of the socialist laboratory called Europe. Those of us who bristle at the thought of the government growing in debt, size and scope, and rolling back freedom and the free-market economy are dismissed by these anarchists as being ‘old fashioned.’ Waiting for us to die off so they can have the socialist version.

The useful idiots, revolutionaries, will be coming to a public place near you. Pray for them if you happen to meet one. That’ll really piss them off.

Link: Who’s Behind The ‘Occupy Everywhere’ Faux-tests?

2012 Election, Economy, Politics

Obama Campaign Borrows From Bush ’04 Playbook

Well there’s a losing strategy. It depends on the electorate forgetting Bill Clinton’s ’92 campaign. It went something like ‘it’s the economy stupid.’

If you stop to consider that the word ‘economy’ in that slogan can be swapped for other words like, socialism, Obamacare, government over-reaching, the Constitution, and a few others, you quickly realize that the campaign is faced with a special challenge. A challenge that the Obama campaign can not overcome between now and election day.

According to John Harwood at the Times, “The last time an incumbent president faced re-election, George W. Bush exploited social and national security issues to offset his economic vulnerabilities.”

So instead of the economy and jobs, the Obama campaign is going to run on attacking republicans on social issues and national security issues?

In battleground states, “Obama’s strategists intend to use abortion, gay rights, the environment and successes in the fight against Al Qaeda to counter economic attacks and drive a wedge between Republicans and swing voters.”

On those issues, Harwood says that the Democrats have shifted from defense to offense. I have to disagree with the Times that the Democrats have shifted “from defense to offense on those issues stems from evolving public attitudes, intensifying Republican conservatism . . .” Democrats have never shifted from offense. They live to ‘fight for              ‘. Just fill in the blank.

What is important to note is the shift in public attitudes that are more in tune with Republican conservatism than with this administration. Not a pretty picture for Obama’s re-election chances.

What it means is all that the Democrats have left to run on, or run with, is more class warfare, wealth envy, and the race card. All directed at Republicans. (about half the country) Not much about why he should be re-elected. It is more like, ‘they are worse than we are.’ Good luck with that one.

Link: Obama Campaign Borrows From Bush ’04 Playbook – NYTimes.com.

Economy, Organized Labor, Politics

Labor Movement And Wall Street Protesters

In case you had any doubt about the synergy between BIG LABOR and anarchists here and around the world, this should remove any doubt.

A large group of protesters affiliated with the Occupy Wall Street movement attempt to cross and close the Brooklyn Bridge.

AFL-CIO President Richard Trumka was in Minneapolis today for the ‘Next Up Young Workers Summit.’  This is the group of ‘young workers’ and activists and students that just announced their strong support of the Occupy Wall Street protesters:

The world in which we live isn’t working for the vast majority of people. The top 1 percent controls the economy, makes profits at the expense of working people, and dominates the political debate. Wall Street symbolizes this simple truth: a small group of people have the lives and livelihoods of working Americans in their hands.

Their perspective of just who works for who is instructive in just how counter-productive this labor movement is to America, and other countries with even less freedom. People work for the companies that have jobs to get done. The companies don’t work for the employees. They work for their customers. Like it or not, the ‘workers’ work for the same customer. That’s life in the real world.

Then there’s the global labor movement that Trumpka is talking about.

Richard Trumka . . .

“America needs a good dose of critical imagination right about now. We need ideas and energy. We need enthusiasm, optimism, that sense that everything is possible. . . . You are the future of this movement, and all of us—all of America’s working people—need and your critical imagination in a big way.”

I get the distinct impression that Trumka isn’t pushing for America’s economic success. Instead, he is pushing for labor union membership growth. And if it means tearing the country down first, like our President and Trumka prefer, then they will surely do it. Or rather, continue to do it. Be imaginative, critically imaginative, he says.

China, Economy, Energy, Europe, Organized Labor, Politics

Stimulus Spending, For What? For Who?

With the economy still in recession, and the President still touting his American Jobs Act, Americans are becoming more skeptical about what all the stimulus spending has done for them. And the news about questionable stimulus spending and special deals is beginning to bubble up to the surface. Some new, some old.

Old news that is coming around again is the Fisker Automotive  (now Tesla Motors) luxury electric sports car that Vice President Al Gore invested in. That company got a half billion dollars for so-called green jobs. It is an electric car. It is a luxury car with a 50 mile range in total electric mode. Big investment for no market. But it did create jobs, in Britain and Finland.

The Fisker Karma sedan is priced at $87,400, with buyers eligible for a $7,500 credit on their Federal income tax returns.

Want one? Call them up and put down your $25,000 deposit. They’ll let you know when it is ready. Sell price? $87,400 to over $109,000.

So we subsidize a car company whose target market is “millionaires and billionaires,” then we give them $7,500 more of our tax dollars to incentivize them to buy it. All that from the guy that calls himself a ‘warrior for the middle class.’

Then there is the Solyndra scandal (Solar-Gate?) that wasted another half billion taxpayer dollars. That solar panel company declared bankruptcy not long after receiving your half billion dollars. Another big investment in an industry where there is no market. Officers of that company are big-time campaign fundraising bundlers for President Obama. Now those green jobs went directly to China. And Solyndra’s execs are pleading the 5th in Congressional hearings about it.

Are you seeing a pattern here of connected democrats and Big Labor being on the receiving end of millions and billions of your (and your grandkid’s) tax dollars? All in the name of stimulus and green jobs.