Fast and Furious Update. The Justice Department (what an ineptly named organization by the way) is at it again. Eric Holder continues to deny involvement and knowledge of Fast and Furious, despite e-mails and documents to the contrary. The Justice Department and not so coincidentally a report from Democrats came out exonerating the Justice Department and blaming the Phoenix office of the ATF. Holder continues to hold out on some 80,000 e-mails that Congress is requesting.
There is still hope that justice will be found. The family of slain Border Patrol agent Brian Terry sued the Federal Government over Brian's death from one of thousands of guns that the Justice Department facilitated to be exported to the Mexican Cartels. Additionally, besides the Representative Issa (R-CA), Congress also has a young Congressman from South Carolina named Trey Gowdy, a former prosecutor now hot on the trail to get to the truth about one of the biggest blunders, and now cover ups, in Federal history.
Obama's Religious Hypocrisy. President Obama spoke at the 60th annual National Prayer Breakfast. Obama spoke about his Christian beliefs for both politics and his personal life (but to be sure, some people still think he is not a Christian). Obama turned this morning of religious unity into a stump speech trying to make the point that his design to raise taxes on the wealthiest Americans, ram down health mandates usurping individual freedoms and other anti-business economic decisions were, in fact, grounded in his faith.
“I think to myself, if I’m willing to give something up as somebody who’s been extraordinarily blessed, and give up some of the tax breaks that I enjoy, I actually think that’s going to make economic sense,” Obama told the audience. “But for me, as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required."
Well if you want to pay more fine - pay more. But don;t be using our money to fund your radical agenda and failed economic agenda. This is a matter of freedom and the very existence of our government. For Obama to use religion to try and justify his freedom killing beliefs is just pathetic.
Cowboys and the Tea Party political movement have a lot on common. Both believe in individual responsibility; judging a man by his actions not words; and, both are disgusted with government intrusions into our lives and particularly our God given rights.
Friday, February 3, 2012
Thursday, February 2, 2012
Will you be able to retire?
Have you seen the Fidelity commercial where the investor under Fidelity guidance follows a green (get it green?..... like money) path? Well get ready the follow the red path, courtesy of the U.S. Government over the incredibly buffoonish way of handling our social security nest egg. Simply due to the dire straits this country is in financially, social security solvency will not be an issue in the very near future either.
Did you hear Obama speak of Social Security during the State of the Union? Of course, while add to his woes?
President Barack Obama, in his State of the Union speech, didn’t really touch on the subject near and dear to the hearts of millions of Americans — the State of Retirement in the U.S. No doubt he had other pressing matters to address. So allow us the pleasure of issuing — thanks in large part to a many experts on the topic — our State of Retirement column.
Things are bad and, in the absence of action or in the presence of the ill-advised action, could get much worse.
Matthew Greenwald, the president of Matthew Greenwald & Associates, a leading
retirement research firm, say's “I think the state of retirement in America is endangered as the ‘Great Recession’ has taken a toll on the financial status of many and as retirement savings were not adequate for many prior to the ‘Great Recession. There are several things that need to be fixed, including addressing Social Security and helping people feel confident in the viability of the system, more effective defined-contribution plans that do a better job of encouraging participants to defer more of their income and more effective advice to retirees that helps them use their financial assets most effectively when they retire.”
Read the entire article on Social Security here.
Did you hear Obama speak of Social Security during the State of the Union? Of course, while add to his woes?
President Barack Obama, in his State of the Union speech, didn’t really touch on the subject near and dear to the hearts of millions of Americans — the State of Retirement in the U.S. No doubt he had other pressing matters to address. So allow us the pleasure of issuing — thanks in large part to a many experts on the topic — our State of Retirement column.
Things are bad and, in the absence of action or in the presence of the ill-advised action, could get much worse.
Matthew Greenwald, the president of Matthew Greenwald & Associates, a leading
retirement research firm, say's “I think the state of retirement in America is endangered as the ‘Great Recession’ has taken a toll on the financial status of many and as retirement savings were not adequate for many prior to the ‘Great Recession. There are several things that need to be fixed, including addressing Social Security and helping people feel confident in the viability of the system, more effective defined-contribution plans that do a better job of encouraging participants to defer more of their income and more effective advice to retirees that helps them use their financial assets most effectively when they retire.”
Read the entire article on Social Security here.
Tuesday, January 31, 2012
Looting the Treasury
One of the last acts of government before a Nation falls is to loot the treasury. That's not much of a gauge for the U.S. since government officials have been looting the treasury for decades.
Sometimes it seems just to be earmarks for a union or other organizations so the politician can be taken care of when they leave office,.....but it brings new meaning to the word "looting"
Sometimes it seems just to be earmarks for a union or other organizations so the politician can be taken care of when they leave office,.....but it brings new meaning to the word "looting"
when government officials, such as political appointees in the White House, fail to pay federal income tax. You got to hand it to these people, finding ways to get it at both ends.
The following article was published on Yahoo! Finance under the title "Thousands of federal workers owe back taxes" by Ken Thomas of the Associated Press - see the original article (without my cynical lead in) here.
WASHINGTON (AP) — President Barack Obama has preached that all Americans should pay their fair share in taxes, but a government report finds that tens of thousands of federal employees — from staffers in Congress to federal agencies and even Obama's executive office — collectively owe the government billions in back taxes.
Data from the Internal Revenue Service found that more than 279,000 federal employees and retirees owed $3.4 billion in back income taxes as of Sept. 30, 2010.
The data showed that 467 employees of the House of Representatives, or about 4.2 percent of the workforce, owed more than $8.5 million. In the Senate, 217 employees, or about 3 percent of the workforce, owed $2.13 million.
Obama's staff was not immune, either, with 36 people in Obama's executive office of nearly 1,800 workers — about 2 percent — owing the government $833,970 in back taxes. Obama used part of his State of the Union address Tuesday night to promote economic fairness, arguing for changes in the tax code that would create a minimum tax rate of at least 30 percent on anyone making more than $1 million. The finances of one of his chief Republican rivals, Mitt Romney, has been scrutinized because he, like many millionaires, pays a lower rate because most of his income came from investments, which are taxed at a lower rate.
The IRS report attracted the attention of Republicans, who said it undercut the president's argument on taxes. "If Obama wants people to pay their 'fair share,' perhaps he should start with his own staff,"tweeted Republican National Committee chairman Reince Priebus.
White House officials noted that the delinquency rate among executive office staff had fallen from nearly 3 percent in 2008. In 2009, 41 employees in the president's executive office owed about $830,000, representing about 2.3 percent of its workforce.
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