Sunday, July 29, 2012
Wednesday, July 25, 2012
Sunday, July 22, 2012
Wednesday, July 18, 2012
Democrats lie in commercials against Republicans. Ex: Paul Ryan look-a-like pushing Granny off cliff. Why then do Republicans fear bringing up controversial but true facts against Democrats? Because of the elite media which the public now holds in increasing contempt? What wimps! Our President is a Marxist. State the damn truth or loose the election.
Tuesday, July 17, 2012
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business—you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. The point is that when we succeed, we succeed because of our individual initiative, but also because we do things together.
Sunday, July 15, 2012
The Social Security System's Disability Insurance Trust Fund has run deficits in each of the last three fiscal years, meaning that the government has been forced to borrow money to pay disability benefits to the workers claiming them.
Now the problem with growing government dependence is not a new topic to readers of this blog. The following two graphs - both presented in February - show 1) the virtual recent straight up trajectory of people relying on disability as their unemployment insurance benefits wind down & 2) the staggering growth in food stamps recipients. Many of us have heard BO's radio advertisements encouraging people to look into receiving food stamps. Talk about denuding people of any dignity.
Wednesday, July 11, 2012
Doug: Two things. The tipping point was reached in 2008. It is well past that now. Second, who doesn't want free health care? That's the mindset.
Doug: The ObamaCare issue is off the front page. No politician will touch it because its radioactive - AKA third rail. . .touch it you die. If you are searching for a reason to explain away the 41% ignorance gap you will need to find an apathy chart. I have a novel idea let's spend more money on education - that's the answer to everything. Washington is taxing us into poverty.
But it is an opportunity for us to educate many not just a few, with tremendous upside. Even in traditionally blue state NJ we have a shot at defeating Menendez and also gaining seats in the HofR.
I will vote for Mitt. I have been encouraging many BO supporters to do so. I sure wish though that Mitt would make it easier to persuade BO supporters and undecided. His campaign is weak on specifics, does not champion free markets when we need it most (we are on the brink of Socialism) and he appears timid at times. Time to step it up Mitt.
Tuesday, July 10, 2012
Sunday, July 8, 2012
|Provision||March 2010 Estimate |
|Additional 0.9 percent payroll tax on wages and self-employment income and new 3.8 percent tax on dividends, capital gains, and other investment income for taxpayers earning over $200,000 (singles)/$250,000 (married)||210.2||317.7|
|"Cadillac tax" on high-cost plans *||32.0||111.0|
|Annual tax on health insurance providers *||60.1||101.7|
|Annual tax on drug manufacturers/importers *||27.0||34.2|
|2.3 percent excise tax on medical device manufacturers/importers*||20.0||29.1|
|Limit FSAs in cafeteria plans *||13.0||24.0|
|Raise 7.5 percent AGI floor on medical expense deduction to 10 percent *||15.2||18.7|
|Deny eligibility of "black liquor" for cellulosic biofuel producer credit||23.6||15.5|
|Codify economic substance doctrine||4.5||5.3|
|Increase penalty for nonqualified HSA distributions *||1.4||4.5|
|Impose limitations on the use of HSAs, FSAs, HRAs, and Archer MSAs to purchase over-the-counter medicines *||5.0||4.0|
|Impose fee on insured and self-insured health plans; patient-centered outcomes research trust fund *||2.6||3.8|
|Eliminate deduction for expenses allocable to Medicare Part D subsidy||4.5||3.1|
|Impose 10 percent tax on tanning services *||2.7||1.5|
|Limit deduction for compensation to officers, employees, directors, and service providers of certain health insurance providers||0.6||0.8|
|Modify section 833 treatment of certain health organizations||0.4||0.4|
|Additional requirements for section 501(c)(3) hospitals||Negligible||Negligible|
|Employer W-2 reporting of value of health benefits||Negligible||Negligible|
|Employer mandate *||52.0||Pending|
|Individual mandate *||17.0||Pending|
|Other revenue effects||60.3||Pending|
|1099 reporting for small businesses||17.1||Repealed by P.L. 112-9|
Friday, July 6, 2012
Thursday, July 5, 2012
Chile is remarkable for having the lowest level of public debt anywhere in the world. A constitutional democracy since Pinochet ceded power in 1990, Chile also boasts one of the lowest levels of perceived public corruption in the world. Chile is endowed with an independent judiciary and a free-market economy that is one of the fastest-growing in Latin America. Chile features a large emerging middle class and a balanced government budget with a rainy-day fund. Only the FairTax would make it better!
Chile welcomes American retirees. For retirees in Chile, Social Security benefits are payable by the US and tax-free in Chile. The beneficiary need not be a US citizen. Remember, however, that if you keep your US citizenship, you are liable for U.S. income tax. (This country keeps unique company with the Philippines and North Korea on that score.)
Medicare, however, is a different story. Chile has a modern healthcare system, but don't count on Medicare to help you pay it. No matter that you paid into the system throughout your career. When you flee the Reich, you leave the Medicare benefit behind. If ever there was an argument for less dependency on government, this is it.
I hope we do not have to seriously consider Chile as a refuge. But keep Chile in your Emergency Bag - just in case you need it.
Wednesday, July 4, 2012
People of substance have a lot to do in November but nothing to worry about.
Monday, July 2, 2012
Sunday, July 1, 2012
The Imperial Federal Government is now poised to take over 18% of our economy. Yes … we still have private insurance companies in the mix, but the Democrats and Obama have targeted these companies for destruction. The final goal is something Democrats call "single payer." That's just a less-threatening way of saying "government controlled." The aim here is to make that single payer the federal government. Can you just imagine what your medical care picture will look like when the government decides what gets paid for and how much gets paid? Lovely, just lovely. This will not matter, though, to people who just want to shed themselves of the responsibility for caring for their own health when things head south.
OK … How did we get here? I've created this nifty little timeline. Not specific dates, just a general sequence of events on the road to government-run healthcare.
The Japanese bomb Pearl Harbor. (Yes, we're going that far back. Must be thorough.) As an aside, we still call this the Japanese attack on Pearl Harbor, but we can't say the Muslim attack on The World Trade Center.
The United States declares war on Japan on December 8, 1941. Three days later we declare war on Germany.
Under an austerity program mandated by the federal government, private sector employers are largely restricted for raising wages and salaries.
Employers, looking for ways to attract and to keep employees, start offering various benefits as compensation to employees rather than increased wages. One of those benefits was health insurance.
As health insurance policies – fully and partially paid for – become part of employee compensation packages, the American worker starts to accept the concept that their health care is the responsibility of their employer.
Health insurance policies gradually morph into health care payment plans. No longer do people expect their insurance policies to cover only unexpected losses or expenses, as is the case with automobile insurance. Now health insurance policies are expected to pay virtually all health care costs once a small deductible is taken care of. Costs rise.
As health care consumers are taken out of the equation – meaning that they are now only worried about coverage, not cost – health care costs increase even more.
In the meantime, politicians realize that a new dependency has emerged. Not only are people dependent on government for their retirement income – Social Security – they are now dependent on someone else for health care. Democrat politicians realize that if this dependency can be shifted to the federal government it will increase the power that politicians have over their constituents. Thus begins the move toward government-controlled health care. Democrats dream of the day they can develop campaign ads which say "If you vote for the Republican, they're going to take away your health care."
The first serious push for government-controlled health care comes with the election of Bill Clinton. Suddenly the American people are staring down a monstrosity known as HillaryCare. Under this plan a private patient could actually be sent to jail if they dared contract with a doctor outside of the government scheme for health care. The doctor would be their cellmate. The American people rejected the plan outright, and the very next year the Democrats lost control of the House of Representatives and the U.S. Senate.
After the voter revolution of 1994 the Democrats vowed that if they ever gained complete control of the government apparatus in Washington they would move immediately to increase voter dependency through government health care. This time, though, they would tread a bit more lightly. Perhaps the idea of preventing private relationships with doctors could wait a few years.
Democrats find themselves in control of Government in Washington again in 2009. The dreams of that "If you vote for the Republicans they're going to take away your health care" campaign ad can now become a reality. ObamaCare is pushed through the congress without ONE SINGLE Republican vote. This happens after the voters send a message of disapproval by electing a Republican Senator in Massachusetts on the strength of his promise to vote AGAINST ObamaCare. In a move no citizen actually understands, the Democrats then demonstrate their determination to control health care by enacting the law without a Senate vote.
Obama promises – promises on all that his holy to him – that the penalty for refusal to buy an insurance policy under ObamaCare is NOT a tax.
Obama then argues before the Supreme Court that the penalty is just fine because it actually IS a tax.
The Supreme Court rules that the mandate is constitutional because it is actually a tax …. Democrats cheer …. Parasites cheer …. And much of America finally realizes that the Imperial Federal Government of the United States has finally become the omnipotent monster our Founding Fathers feared and tried so hard to prevent.