Category Archives: Taxes

To Spend Takes Energy

And in this case, an entire Department. As in, the Department of Energy.

Just how dumb are these cretins? Wanting to spend unrealized future “savings” on the heels of pay freezes?

They aren’t “savings” then are they? ‘Fess up now. We know the answer. Question is, do you?

Will someone PLEASE put the DOE out of our misery?

Work the future, indeed ….. wait, win? Nope. Doesn’t look like it to us math majors and minors.

Government Motors Spends Our Money

Bailed out. How about – thrown out? For this:

General Motors Co. and Chrysler Group LLC, which each received government-funded bailouts, may award some managers bonuses of as much as 50 percent of their salary, said four people familiar with the plans.

GM plans to pay bonuses to most managers equal to 15 percent to 20 percent of their annual salary and as high as 50 percent to less than 1 percent of its 26,000 U.S. salaried employees, said one of the people, who asked not to be named revealing internal plans. Bonuses for Chrysler’s 10,755 salaried workers will average about $10,000, with a small group getting as much as half of their salary, one of the people said.

Nothing’s changed. Same old, same old.

How To Mess Up the Future

According to the Veep, by spending $50B + for high speed rail in economic times that put all of us and generations to come owing tons of money this administration spent and borrowed and spent to the point of (almost??) no return.

In other words – rocketing to the poorhouse.

Idiot. I hope everyone else picks up on the timing of this idiocy.

hhhmm, I wonder how much of that $50B could be used to seal the southern border …….

At 100 Still Looking Good.

Happy Birthday, Ronald Reagan.

HotAirPundit has two perfect videos for this day. The first, a campaign ad. Thes second, today’s experiment by President Obama.

Kinda makes you want to turn the calendar back ……

Energy Independence Unleashed

In Israel. Not here in the U.S.

Israel’s Tamar field is said to contain about 8 trillion cubic meters of gas. In December, gas exploration companies led by U.S.-based Noble Energy announced that another deposit in Israeli waters, Leviathan, contained some 16 trillion cubic meters.

I can’t help but notice that it is a U.S. based company involved with this. Too bad we can’t do this here.
I wonder who is preventing us from doing so? Yeah. I wonder.

UPDATE: Judge Rules Administration In Contempt

Over the deepwater oil drilling moratorium. A very interesting read.

But will it solve anything? Don’t hold your breath. Be nice if someone in Congress would push this further into the sunshine.

Hint.

UPDATE: Job losses. Oil company files for bankruptcy, sells oil rigs. Administration does nothing. Nothing.

Spot On Ann Coulter

Is she confused? I say – no. In fact, Ann made a funny and very salient point about the recent ruling by Judge Vinson calling the entire package of Obamacare being unconstitutional.

“If this is constitutional then Republicans should turn around and mandate that all citizens be force to purchase a gun and a Bible. And, there’s a lot more evidence that owning a gun and a Bible is better for society than everyone having to buy health insurance.”

Go ahead, Mr. President, make us all bitter clingers. Well, most of us anyway.

No Longer Ours

Deepwater rigs moved out of the Gulf of Mexico

(Adds Pride rig moving to Mediterranean)
Jan 27 (Reuters) – Some of the 30-plus deepwater rigs that were in the Gulf of Mexico have moved to other markets, first because of a U.S. halt called last May after BP Plc’s well blowout, and then because of the lack of permits once the moratorium was lifted.

See the jobs go. See the oil go. See unemployment rise. Is it any wonder costs for everything will rise?

And we remain dependent on others to export oil to us. Even moreso.
Sorry, grandkids, this is no longer the America it used to be.

Thank the President and the 111th Congress for this mess. They are the ones who foisted this on you.
Let no one tell you otherwise, for that will be a lie.

UPDATE: Soon To Be A Ponzi Scheme

Remember those Obamacare waivers to companies and organizations that cannot afford the Goverment sponsored healthcare plan?

Well, those waivers jumped from 229 to 729. This month.

Now, if this healthcare plan is great and wonderful, why are these waivers growing?????

UPDATE: Michelle Malkin takes another look at this problem. Titled: Waivers for Favors: Obamacare’s Escape Hatch

So House Proposes $2.5T Spending Cuts

But have they gone far enough? No.

I notice one thing they have touched on yet, our funds to the IMF. You know, the International Monetary Fund?
And what happened to all the money we sent their way in the not so distant past?

And another thing, how many items make up all of the unfunded liabilities? When is there going to be an accounting, and reductions/eliminations, in that area? Hhhmmm?