Category Archives: Taxes

Retirement Plans

At risk? At colleges and private plans?

Not good. Not. Good. At. All.

318-97

U.S. Debt Cieling stays where it is.

For now.

Very Bad Policy

And I would say idiotic in addition to being acknowledged, finally, to being THE reason our government’s agencies do a poor job of managing our country’s needs.

Pitiful, just pitiful. Get rid of this agency or fix it to be economical for itself AND the rest of us. The debt clock is ticking waaaaay too fast.

EPA Says It’s ‘Prohibited’ From Considering Costs When Issuing Air-Quality Regulations

New Book Explains A Lot

A brief description of Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon:

In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.

Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner—who himself raised early warnings with the public and investors, and kept detailed records—Morgenson connects the dots that led to this fiasco.

Get it at Amazon.

Time for Self Education

Ballooning deficit spending and projected insurmountable national debt was known waaaaay back in 1986.

Don’t believe it? Watch the videos in this article. One was refused by all the national TV news networks at the time.

Fanning the Flames

Of Barney Frank’s involvement with Fannie Mae and Freddie Mac, you know, the mortgage bubble problem?

Well, the story just won’t quit, folks. It seems those in charge of the FM’s – 6 top execs – get to divvy up $34.4M amongst themselves.

Got to hand it to Michelle Malkin for reminding us of the infamy that these – people – have as they impacted our economy – beyond belief.

UPDATE: Gas Prices MythBusted

Just before Memorial Day Weekend.

Staying close to home? Here’s why.

UPDATE: As if anyone needed further explanation.

Over Two Years Ago

The answer to a Jeopardy-like game show – When was the last time the U.S.Senate passed a budget?

The so-called deliberative body of Congress, (controlled by the Democrats), have cowardly made another political choice by again ignoring the will of the people—to put the Federal Government’s fiscal house in order—and to stop the deficit spending. Instead, the majority leader and Senate Budget Committee Chairman, Kent Conrad have no intention of performing their statutory responsibility:

So Senator Harry Reid says, “There’s no need to have a Democratic budget, in my opinion.”

Truly an irresponsible lunatic. For willful failure to do his job – he, and those that back him up, should be terminated immediately. And lose any right to pensions funds.

Withdraw

Not from the checking account.

From Libya, POTUS. Your 60 days were up. Yesterday.

Oh. A reminder. We got Bin Laden. We can leave Afghanistan now also.

Otherwise, you’re just spending money we don’t have to – just spend money. That we don’t have.

Conflicted

Yeah, Allahpundit hits a nerve (or more), I expect.

I think everyone should wake up and pay very close attention to the dealings up to and likely within the SCOTUS concerning any and all references/relationships of recent appointee Ms. Kagan with the Obamacare legislation.

Is her reputation at stake?

Ahem, as much as our own financial future? (Oh, forget all those waivers. Even the recent one where Nevada itself won’t have to worry about complying with Obamacare. If, that is, it isn’t terminated.)

You know, all those – waivers – are supposed to be relieving thosee that can’t afford Obamacare’s conscription.

Hmm. Anybody remember why all this started? Seems to me there was something about 47M, then 30M, people that couldn’t or wouldn’t pay for health insurance.

What are the waivers for again?