It’s not a new idea, but then again liberals are not known for “new” ideas. Since the 1910’s, progressive initiatives have been little more than a string of recycled redistributive concepts, and innovative ways to reduce the private ownership of wealth. The ‘Inclusive Prosperity Act’ is the latest in a long string of “transaction tax” proposals. Essentially the act would levy a sales tax on the trading of stocks, bonds and derivatives. And while the tax might be ill-conceived, and economically damaging, it was the sales pitch for the tax that proved to be most disturbing.
Comments: I can barely stand to hear anymore of this insanity coming from these corrupt, traitorous Democrats.
I think the first move will be an attempt to get 10% of the retirement money...IRA´s, pensions, etc. It will be presented as a ´one time only´ confiscation. It will be sold on the premise that only the ´rich´ have money in the bank anyway and should be milked like cows. We will get the stealth transaction taxes in the near future also.
This is why unions and government employees like retirement pensions vs 401ks and IRAs as what most people have for their retirement. To have the monthly payment of a government pensioner would require a retirement account in the millions. The government only sees my lump sum retirement account as something that is not truly mine but something that they can take. But, don´t touch the monthly check of a pensioner because they ignore the "lump sum" of money in the pension as not the employees although they get it in monthly increments.
Eventually, everyone will be on the government dole. There will be no motivation left to work hard. Even if you don´t feel that way, you will have no choice but to assimilate into the welfare plantation.
At that point, the bottom falls out and our nation is dead.
Sadly, that point is much closer than we ever imagined it could be.
The White House dismissed a report suggesting that President Obama and Health and Human Services Secretary Kathleen Sebelius did not meet ahead of the botched rollout of Obamacare. Obama press secretary Jay Carney said the claim was based on a “ridiculously false premise.” “Kathleen Sebelius comes frequently and she meets frequently with the president,” he said. “She’s here a lot and meets with the president with regularity.” “It’s safe to say Secretary Sebelius spent a lot of time here,” he added, noting the administration’s focus on health care reform. The report from Politico Magazine noted that a Government Accountability Institute analysis of the president’s
There was a tale of two Christmases on TV last night. Over at NBC, Carrie Underwood led the cast of “Sound of Music Live!” in a joyous rendition of the Julie Andrews classic. While no one involved in the production is likely to win an Emmy anytime soon, the singing was flawless and it was a squeaky clean program that lived up to its “TV G” rating. Over at Fox it was another story. Glee’s “Previously Unaired Christmas” should have stayed true to its name and remained a lost script, considering it was complete with a bisexual Santa, transgender Virgin
Democratic National Committee Chairwoman Debbie Wasserman Schultz laughingly called it a “riot” that the GOP would be schooling its members on how to better appeal to women voters. House Speaker John Boehner (R-Ohio) said at his weekly press conference yesterday that he believes his caucus is making progress on that front. “Well, I try to get them to be a little more sensitive. You know? You look around the Congress, there are a lot more females in the Democratic caucus than there are in the Republican caucus,” Boehner said. “And, you know, some of our members just aren’t as sensitive
Journalists and pundits have begun offering lengthy postmortems to explain the causes of the ruinous Obamacare rollout. The debacle’s scale has surprised even progressives who supported the Affordable Care Act. After all, surely three and a half years provided ample time to prepare for a program President Obama calls his “most important initiative.” Six weeks ago, Obama privately conceded to his advisers, according to the New York Times, “we created this problem we didn’t need to create … and it’s of our own doing.” So how did it happen? Here’s one theory, backed by new data: not enough meetings. Amid the Obama administration’s
President Obama rejected the notion that the IRS’ targeting of Tea Party groups was illegal — or even improper — during his interview with MSNBC’s Chris Matthews on Thursday. Obama was at American University to sell his flailing health care law to the young people upon which the insurance exchanges heavily rely. As promised, Matthews allowed him to make his pitch with no tough questions or pushback. But the interview became interesting when the Hardball host asked why Americans were growing increasingly skeptical of government. Obama noted that the media never seems interested in government success stories. “When we do
Middle class Americans face a tough future because robots and machinery are eliminating their jobs, according to Steve Case, an entrepreneur who earned roughly $1 billion by creating the first successful internet firm, America Online. But Congress could help the situation by passing an immigration bill that would import some foreign entrepreneurs and almost 30 million low-skilled workers over the next decade, Case told an audience of D.C. lobbyists and lawyers gathered on Tuesday by the business-backed Bipartisan Policy Center. “I think it’s [a] tough” task to protect the middle class, Case said after being asked a question about automation by an
Upcoming regulations from the Obama administration in 2014 would cost the private sector $143.3 billion, according to a new report. The American Action Forum (AAF) examined the “unified agenda,” which lays out “regulatory priorities” for the next year, and was released shortly before Thanksgiving. The report documents regulations for 2014 from Obamacare, the EPA, Department of Energy, and others, revealing a regulatory system on “autopilot” that covers everything from calorie postings in vending machines to efficiency standards for portable air conditioners. The agenda includes 15 new “major” rules, which will cost at least $100 million per rule. Some of the more wide-ranging regulations,
Expect President Obama to confirm soon he will attend services in South African for the late Nelson Mandela. Officials have held off on a formal announcement as travel plans, logistics, and security are worked out; services for Mandela will be part of a mourning period in South Africa that will last about 10 days. The South African government has scheduled the state funeral for Dec. 15, a week from Sunday. There is also a memorial service scheduled for Dec. 10, which is Tuesday. In the meantime, Obama has directed that American flags be lowered to half-staff through Monday in honor of the freedom
A Pennsylvania Democrat called President Obama’s economic speech yesterday hosted by the Center for American Progress one of the best speeches ever given by an American leader. Obama called for increasing the minimum wage and decried a wage gap in America, saying reversing the trend is “the defining challenge of our time.” “The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American dream, our way of life and what we stand for around the globe,” he said. Obama also lauded himself as a great leader for pushing through his healthcare law. “You know, Dr
Through the magic combination of Obamacare and the IRS, volunteer firefighters may be considered “employees,” and their volunteer fire departments may be forced to give them healthcare. Or pay penalties that would force them to shut down. The International Association of Fire Chiefs has asked the Internal Revenue Service, which has partial oversight of the law, to clarify if current IRS treatment of volunteer firefighters as employees means their hose companies or towns must offer health insurance coverage or pay a penalty if they don’t. The organization representing the fire chiefs has been working on the issue with the IRS
Pollak said that because of Mandela´s embrace of reconciliation, a South Africa many thought was going to "erupt into a racial civil war" transitioned from apartheid peacefully. He also said that Mandela later rejected the violent aspects of the African National Congress and the more socialist aspects of his past and ended up obeying the constitution. Pollak said Mandela even "subjected himself to the will of the courts" while he was in power to set an example that he was not above the constitution. And like George Washington, Mandela, Pollak noted, accepted the constraints put on him and stepped down
HOUSTON - Is Katherine Sebelius trading her tailored suit for flowing black robes of death? The Independent Payment Advisory Board, or the Obamacare Death Panels, are the reason that Kathleen Sebelius, current secretary of Health and Human Services cannot be fired for the absolute disaster of the Obamacare roll out. Under Obamacare, the decision on what Medicare will, and won’t, pay for rests with the Head of Health and Human Services, and note it is ‘Health and Human‘ not ‘Health and Humane‘ Services. As head of HHS, she can, without oversight, make what ever decision she wants over your health care
I have never been much of a conspiracy theorist. For me it was always Oswald by himself from the Texas School Book Depository and nothing in the intervening fifty years has disabused me of this notion. For the most part, I’m an Occam’s Razor kind of guy — the most obvious explanation is likely to be true. (Snip) To put it bluntly, Occam’s Razor has moved. Things that were once possibilities now seem almost certainties to me. Principal among those is that Obama’s academic records are perpetually unavailable for a reason — and that reason is most likely that they reveal
One of President Obama´s chief political assets has been his ability to excite young people like almost no politician in history. But the days of America´s youth fawning over the president are over. A new Harvard University Institute of Politics poll released Wednesday confirms what other surveys have shown in recent months: Millennials have soured on Obama so much this year that their opinion of him largely mirrors the American public´s. Even though Obama does not ever have to face another election, he should be worried about the findings for a couple of reasons, which we will dive into momentarily.
Last summer on his $100 million family tour of Africa, Barack Obama hoped for a priceless photo op with Nelson Mandela, the ailing freedom pioneer who went from prison cell to the presidency of South Africa. Mandela´s family suggested that wouldn’t happen. So, the Obamas did a photo op in Mandela´s former prison cell. Which Obama’s White House quickly tweeted upon word of the icon´s passing at 95. [Skip] But Obama was also caught staring at television coverage of Mandela’s passing, which became Obama’s Photo of the Day.
A stunning new study unveiled on Fox News´ Hannity finds that President Barack Obama’s White House calendar records just one face-to-face meeting between Obama and his Health and Human Services (HHS) Secretary Kathleen Sebelius in the more than three-and-a-half years leading up to the disastrous Obamacare launch. The startling statistic comes from a new Government Accountability Institute (GAI) analysis of Obama’s own official White House calendar, as well as the Politico presidential calendar, and raises new questions about Obama’s executive leadership and management throughout the implementation of his singular legislative achievement. More alarming still, the president’s schedule lists 277 private
Hardly a week goes by without Hillary Clinton receiving another award. Last month she was named a “Global Champion” by the International Medical Corps, received the American Patriot Award at the National Defense University Foundation and the Hermandad Award from the Mexican American Leadership Initiative. [Snip] At this rate, if a bunch of elderly left-wing Swedes toss her the Nobel Peace Prize early on, the way they did to Obama, it will barely rate mention among all the other glittering trophies that have been bestowed on a woman whose only actual accomplishment was being married to a crooked governor with
[Video] President Obama on Wednesday declared that addressing income inequality would be the focus of “all” of the White House’s efforts “for the rest of my presidency.” In a sweeping address that touched on raising the minimum wage, investing in infrastructure and ending tax breaks for the wealthy, Obama warned that the American economy has become “profoundly unequal,” declaring economic mobility the “challenge of our time.” “The combined trends of increasing inequality and decreasing mobility pose a fundamental threat to the American dream, our way of life, and what we stand for around the globe,” he said in an hour-long
Speaker John Boehner said his party should support gay Republican congressional candidates and urged his colleagues to “be a little more sensitive” when running against women. “Some of our members just aren’t as sensitive as they ought to be,” Boehner said. When asked if he thinks his party should support gay candidates, Boehner simply said: “I do.”
Just over two weeks ago, MSNBC host Martin Bashir delivered a harsh piece of commentary that culminated in the suggestion that someone should “s-h-i-t” in former Alaska Governor Sarah Palin‘s (R-AK) mouth. Bashir offered an abject apology on his next broadcast, but a chorus of critics continued to demand action against the host. After a reported “vacation” for the host earlier this week, Bashir announced, Wednesday afternoon, that MSNBC and Martin Bashir are parting ways. Here’s the statement from Martin Bashir, via email: After making an on-air apology, I asked for permission to take some additional time out around the Thanksgiving holiday. Upon
Amid an array of “knock-out” attacks against a number of Jews in Brooklyn’s Crown Heights neighborhood, a city councilwoman pointed to the success of the Jewish community as triggering the aggression. Councilwoman-elect Laurie Cumbo emphasized that while she “admire[s] the Jewish community immensely” for its work ethic, black teens may see it differently. “While I personally regard this level of tenacity, I also recognize that for others, the accomplishments of the Jewish community triggers feelings of resentment, and a sense that Jewish success is not also their success,” Cumbo, who was recently elected, wrote in a letter. Chief among the issues
On Tuesday, The Boston Globe reported that Onyango “Omar” Obama, uncle to President Obama, says that his famous nephew stayed with him while a student at Harvard Law School in the 80s, in contradiction to The White House’s contention that the two had never met. At Thursday’s White House daily briefing, Press Secretary Jay Carney confirmed that the President had, in fact, briefly stayed with “his father’s half-brother,” as Carney described Omar Obama, and that no one had actually asked the President about it when the White House initially commented. The 69 year-old Omar Obama has been facing deportation back
America is facing a wave of strikes by its fast-food workers on Thursday a day after Barack Obama warned that inequality in the USA had soared to the point that it now posed "a fundamental threat to the American dream". Low-paid workers in McDonalds, Kentucky Fried Chicken and other fast-food outlets in 100 cities across America were due to start rolling strikes to protest at the low level of America´s $7.25 (£4.45) federal minimum wage. The strikes are the latest part of a mushrooming publicity campaign for higher wages among those working so-called "McJobs", with fast-food restaurants seen as a
The world premiere of the “Ballad for Trayvon Martin for Orchestra and Jazz Quartet” is set for tonight. Princeton University’s director of its jazz-studies program composed the work in honor of the Florida teen. Anthony D. J. Branker told the Star-Ledger that the piece is intended to “be a form of healing” after Martin’s death and the controversial court case that followed it. The ballad, which will be performed by the university’s official orchestra and jazz ensemble, is intended to be a tribute to victims of racial violence, Branker explained. He hopes that the performance will be “one that speaks to