body~politic

~~~~~~~~~> Does DEBT  become SERFDOM ?

Tweet me @ColonialSerf, and let me know, and I'll share the answers HERE!!!

Saturday, August 6, 2011

Gov. Kasich: How we did it

The Historical Lessons of Lower Tax Rates

http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

The Historical Lessons of Lower Tax Rates

By Daniel Mitchell, Ph.D.
August 13, 2003

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There is a distinct pattern throughout American history: When tax rates are reduced, the economy's growth rate improves and living standards increase. Good tax policy has a number of interesting side effects. For instance, history tells us that tax revenues grow and "rich" taxpayers pay more tax when marginal tax rates are slashed. This means lower income citizens bear a lower share of the tax burden - a consequence that should lead class-warfare politicians to support lower tax rates.
Conversely, periods of higher tax rates are associated with sub par economic performance and stagnant tax revenues. In other words, when politicians attempt to "soak the rich," the rest of us take a bath. Examining the three major United States episodes of tax rate reductions can prove useful lessons.
1) Lower tax rates do not mean less tax revenue.
The tax cuts of the 1920s
Tax rates were slashed dramatically during the 1920s, dropping from over 70 percent to less than 25 percent. What happened? Personal income tax revenues increased substantially during the 1920s, despite the reduction in rates. Revenues rose from $719 million in 1921 to $1164 million in 1928, an increase of more than 61 percent.
According to then-Treasury Secretary Andrew Mellon:
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
The Kennedy tax cuts
President Hoover dramatically increased tax rates in the 1930s and President Roosevelt compounded the damage by pushing marginal tax rates to more than 90 percent. Recognizing that high tax rates were hindering the economy, President Kennedy proposed across-the-board tax rate reductions that reduced the top tax rate from more than 90 percent down to 70 percent. What happened? Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).
According to President John F. Kennedy:
Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget just as it will never produce enough jobs or enough profits… In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.
The Reagan tax cuts
Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).
According to then-U.S. Representative Jack Kemp (R-NY), one of the chief architects of the Reagan tax cuts:
At some point, additional taxes so discourage the activity being taxed, such as working or investing, that they yield less revenue rather than more. There are, after all, two rates that yield the same amount of revenue: high tax rates on low production, or low rates on high production.
2) The rich pay more when incentives to hide income are reduced.
The tax cuts of the 1920s
The share of the tax burden paid by the rich rose dramatically as tax rates were reduced. The share of the tax burden borne by the rich (those making $50,000 and up in those days) climbed from 44.2 percent in 1921 to 78.4 percent in 1928.
The Kennedy tax cuts
Just as happened in the 1920s, the share of the income tax burden borne by the rich increased following the tax cuts. Tax collections from those making over $50,000 per year climbed by 57 percent between 1963 and 1966, while tax collections from those earning below $50,000 rose 11 percent. As a result, the rich saw their portion of the income tax burden climb from 11.6 percent to 15.1 percent.
The Reagan tax cuts
The share of income taxes paid by the top 10 percent of earners jumped significantly, climbing from 48.0 percent in 1981 to 57.2 percent in 1988. The top 1 percent saw their share of the income tax bill climb even more dramatically, from 17.6 percent in 1981 to 27.5 percent in 1988.
Harmful Spending & Complexity
Lower tax rates are important, but they are not the only critical issue. Both the level of government spending and where that money goes are very important. And even when looking only at tax policy, tax rates are just one piece of the puzzle. If certain types of income are subject to multiple layers of tax, as occurs in the current system, that problem cannot be solved by low rates. Similarly, a tax system with needless levels of complexity will impose heavy costs on the productive sector of the economy.
This WebMemo is excerpted from the author's, Daniel J. Mitchell's, Backgrounder, The Historical Lessons of Lower Tax Rates, published July 19, 1996. The original publication, found here, contains footnotes and numerous charts.

S&P Warns of a Second Downgrade - Standard And Poor's - Fox Nation

S&P Warns of a Second Downgrade - Standard And Poor's - Fox Nation

China Condemns U.S. ‘Addiction to Debts’ - NYTimes.com

China Condemns U.S. ‘Addiction to Debts’ - NYTimes.com

NYT Lefty Apologizes for Calling Tea Partiers Terrorists - New York Times - Fox Nation

NYT Lefty Apologizes for Calling Tea Partiers Terrorists - New York Times - Fox Nation

GOP Slams Obama After Downgrade - Obama - Fox Nation

GOP Slams Obama After Downgrade - Obama - Fox Nation

Indira Gandhi

There are two kinds of people, those who do the work, and those who take the credit. Try to be in the first group; there is less competition there. (Indira Gandhi)

Is President Obama the Rodney Dangerfield of Presidents? « politics from the eyes of an ebony mom

Is President Obama the Rodney Dangerfield of Presidents? « politics from the eyes of an ebony mom

Libertarian Packs #1 -#4

Saturday Evening Post: Best Books

same link

http://saturdayeveningpost.blogspot.com/p/best-books.html

Friedrich Hayek bibliography - Wikipedia, the free encyclopedia

Friedrich Hayek bibliography - Wikipedia, the free encyclopedia

Jimi Hendrix

When the power of love overcomes the love of power, then the world will know peace. (Jimi Hendrix)

Friday, August 5, 2011

PHOTOS: Update from Wisconsin | FreedomWorks

PHOTOS: Update from Wisconsin | FreedomWorks

PHOTOS: Update from Wisconsin

By Tabitha Hale on August 05, 2011

We had a great first day of rallies to support Governor Walker and the Republican Legislature in the upcoming recall elections. The support was amazing... as was the union backlash. We were greeted by a bunch of red and blue union shirts in Hudson. Several unions were organizing protesters, and they surrounded the bus as we pulled up to the event. There was shouting and chanting. They even brought a tuba to try to drown us out.
protesters
Despite the distraction and the counter-organization, the Wisconsinites that were there to support the Republican State Senators made themselves heard. Shouts of "Racists!" and "Go home!" For a group so opposed to outside support, they sure seemed okay with accepting union money from out of state. But I digress.
This is so important, and the people on the ground here know it. We've had great turnout at the rallies, and the people here are fighting the fight!
Hudson
The Legislature was elected to get the budget under control. They made the cuts and did the work while the Democrat Legislators ran away to Illinois, and the fact that they're being punished is just outrageous. As much as it is the job of the citizens to hold their representatives accountable, it is our job to support the ones who are doing the hard work.
Offer your support!


Obama's War on America: S&P Downgrades US Credit Rating - Atlas Shrugs

Obama's War on America: S&P Downgrades US Credit Rating - Atlas Shrugs

http://dailycaller.com/2011/08/05/want-time-off-get-a-job-in-government/

http://dailycaller.com/2011/08/05/want-time-off-get-a-job-in-government/

Speaker Boehner Statement on Action by S&P | Speaker of the House John Boehner | speaker.gov

Speaker Boehner Statement on Action by S&P | Speaker of the House John Boehner | speaker.gov

Only the Tea Party Had a $4 Trillion Plan | RedState

Only the Tea Party Had a $4 Trillion Plan | RedState

Credit Downgraded - USA

Sometimes stock-markets are in the Green, Black, or Red.

http://dailycaller.com/2011/08/05/obama-administration-braces-for-debt-rating-downgrade/

http://dailycaller.com/2011/08/05/obama-administration-braces-for-debt-rating-downgrade/

Struggling in the Obama Economy | Mitt Romney for President

Struggling in the Obama Economy | Mitt Romney for President

http://blogs.abcnews.com/politicalpunch/2011/08/govt-official-us-expecting-sp-downgrade.html

http://blogs.abcnews.com/politicalpunch/2011/08/govt-official-us-expecting-sp-downgrade.html

Teacher Union Feels Heat Over Leaked Report - By Brian Bolduc - The Corner - National Review Online

Teacher Union Feels Heat Over Leaked Report - By Brian Bolduc - The Corner - National Review Online

U.S. Debt Reaches 100 Percent of Country's GDP - FoxNews.com

U.S. Debt Reaches 100 Percent of Country's GDP - FoxNews.com

Tea Party Congressman | Terrorist Label | Jeff Landry | The Daily Caller

Tea Party Congressman | Terrorist Label | Jeff Landry | The Daily Caller

End Medicare — Today It’s a Punch Line, But Tomorrow . . . - By Andrew C. McCarthy - The Corner - National Review Online

End Medicare — Today It’s a Punch Line, But Tomorrow . . . - By Andrew C. McCarthy - The Corner - National Review Online

Behind The Wall - A Silk Road culture pushed to the brink

Behind The Wall - A Silk Road culture pushed to the brink

Obama Calls for 'Reverse Boot Camps' - War Veterans - Fox Nation

Obama Calls for 'Reverse Boot Camps' - War Veterans - Fox Nation

Jobs Wanted: Ending Rigged Banking = Jobs | Dylan Ratigan

Jobs Wanted: Ending Rigged Banking = Jobs | Dylan Ratigan

What would be the perfect mellow Opeth set list? - Ultimate Metal Forum

What would be the perfect mellow Opeth set list? - Ultimate Metal Forum

http://www.ultimatemetal.com/forum/opeth-archived/97173-what-would-perfect-mellow-opeth-set-list.html

#Opeth

The Grand Chessboard - Wikipedia, the free encyclopedia

The Grand Chessboard - Wikipedia, the free encyclopedia

Time to give up the twin-party addiction

Time to give up the twin-party addiction

AP News: NY's 'Rent Too Damn High' candidate faces eviction

AP News: NY's 'Rent Too Damn High' candidate faces eviction

Communist Party Endorses Obama For 2012 - President Obama - Fox Nation

Communist Party Endorses Obama For 2012 - President Obama - Fox Nation

In Russia, car drives you.

Jay Carney: “The White House doesn’t create jobs” « Hot Air

Jay Carney: “The White House doesn’t create jobs” « Hot Air

Prison Planet.com » Russian Envoy: NATO Is Planning Attacks on Syria, Iran

Prison Planet.com » Russian Envoy: NATO Is Planning Attacks on Syria, Iran

Russian Envoy: NATO Is Planning Attacks on Syria, Iran

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Large scale war to engulf region, warns Rogozin

Paul Joseph Watson
Prison Planet.com
Friday, August 5, 2011

Russian Envoy: NATO Is Planning Attacks on Syria, Iran rogozin 2

Even as it finds itself still embroiled in Libya, NATO is preparing to launch a military assault on Syria in order to create a beachhead for a future attack on Iran, claims Russia’s envoy to NATO Dmitry Rogozin.

“The planning [of the military campaign] is well underway. It could be a logical conclusion of those military and propaganda operations, which have been carried out by certain Western countries against North Africa,” Rogozin said in an interview with the Izvestia newspaper published on Friday.

The envoy added that attacks on Syria and Yemen were part of a build-up focused around regime change in Iran.

“The noose around Iran is tightening. Military planning against Iran is underway. And we are certainly concerned about an escalation of a large-scale war in this huge region,” Rogozin said.

Rogozin has been known to make embellished statements about NATO’s military adventurism in the past, so whether there will actually be an intervention in Syria remains to be seen.

  • A d v e r t i s e m e n t

Moscow has consistently warned NATO not to meddle in Syria, saying the country should be left to resolve its own problems as violence that has killed 1,600 civilians since March continues to plague the country.

Speculation surrounding an attack Iran, which Rogozin claims is the long term goal of the assault on Syria, has peaked in recent weeks.

Efforts by Palestinian leaders to achieve full statehood, set to be heard by the United Nations in early September, has prompted speculation that Israel is planning a surgical strike against Iran’s nuclear facilities in September as a means of distracting from and ultimately derailing the prospect of such an agreement.

Last month, former CIA agent Robert Baer said that comments made by former Mossad head Meir Dagan “tell us with near certainty that Netanyahu is planning an attack, and in as much as I can guess when it’s going to be, it’s probably going to be in September before a vote on the Palestinian state.”

*********************

Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.

Fannie Mae seeks $5.1 billion more from taxpayers - CNBC

Fannie Mae seeks $5.1 billion more from taxpayers - CNBC

A Dictionary with Sentence Examples

I thought this could help keep kids busy this year, perhaps?

http://sentence.yourdictionary.com/

A Dictionary with Sentence Examples

"Oftentimes to understand a word's meaning you need more than a definition. At YourDictionary we try to give you all of the tools you need to really get what the word means. For many users, a usage example can help clarify the meaning even more than just the definition. Seeing the word in a sentence example can provide more context and relevance.

YourDictionary.com's word usage examples are gathered from various sources to reflect current and historical usage. Hopefully, they will show you how to use the word you are looking for in a sentence and thereby clarify the meaning of the word."

OUCH! Check Out Obama's Record on Job Creation... - President Obama - Fox Nation

OUCH! Check Out Obama's Record on Job Creation... - President Obama - Fox Nation

Yikes! Look who just endorsed Obama for 4 more years

Yikes! Look who just endorsed Obama for 4 more years

Uh Oh! The Progressives Have Figured Out How The Tea Parties Took Over the GOP… | RedState

Uh Oh! The Progressives Have Figured Out How The Tea Parties Took Over the GOP… | RedState

Ralph Nader | Democratic Challenger | Obama Debt Deal | The Daily Caller

Ralph Nader | Democratic Challenger | Obama Debt Deal | The Daily Caller

The Short, Unhappy Lives of Fiat Currencies

Liberal Pollster's Devastating Memo to Obama: Join the Tea Party - Tea Party - Fox Nation

Liberal Pollster's Devastating Memo to Obama: Join the Tea Party - Tea Party - Fox Nation

Liberal Pollster's Devastating Memo to Obama: Join the Tea Party

AP Graphics

By Wynton C. Hall, Human Events

If President Obama needed any more indication of how much his public support has eroded, he need look no further than a recent memorandum of sorts published in the New York Times by former President Bill Clinton​’s pollster, Stanley Greenberg​. Listen to Greenberg, whose progressive polling firm partners with Clinton strategist James Carville​, advise Obama and Democrats on what his latest round of polls and focus groups reveal are their only hope to survive politically, given the current reality:


-“Voters in the developed world are turning away from Democrats, Socialists, liberals and progressives.”

- “Voters feel ever more estranged from government—and they associate Democrats with government.”

-“If they are to win trust, and votes, Democrats must show they are as determined as the Tea Party movement to change the rules of the game."

-“This distrust of government and politicians is unfolding as a full-blown crisis of legitimacy [and] sidelines Democrats and liberalism."

-Greenberg says that his public opinion research now reveals that voters believe, “Government rushes to help the irresponsible and does little for the responsible."

-To win, Democrats must “advocate policies that would control the borders and address problems of undocumented workers,” and voters want to “see strong enforcement at the border and in the workplace, and the expulsion of troublesome undocumented immigrants."

-“Finally, progressives have to be serious about reducing the country’s long-term deficits” because “the deficit matters to people and has real meaning and consequences.”


Read more: http://www.humanevents.com/article.php?id=45290#ixzz1U8TGMm2h

http://dailycaller.com/2011/08/04/ron-paul-debt-limit-agreement-super-committee-unconstitutional/

http://dailycaller.com/2011/08/04/ron-paul-debt-limit-agreement-super-committee-unconstitutional/

The Austrians Were Right, Yet Again - Jeffrey A. Tucker - Mises Daily

The Austrians Were Right, Yet Again - Jeffrey A. Tucker - Mises Daily

Thursday, August 4, 2011

So What Now? - By Victor Davis Hanson - The Corner - National Review Online

So What Now? - By Victor Davis Hanson - The Corner - National Review Online

The stock market seems to be telling us that all the classical ways of reviving a moribund economy have been exhausted: We have hit near rock-bottom interest rates that cannot go much lower; we have borrowed about as many trillions as our credit is worth without any realistic plan of paying off the debt; government entitlements and subsidies have expanded to the point of non-sustainability. All the economic gurus who in late 2008 advocated the incoming administration’s additional “stimulus” and mega-debts have left the administration and are not claiming ownership of its policies. There are not priming tools left.

If the government were an individual household, the only way out would be to cut spending and find new sources of wealth. Given worldwide demand for food and fuel, and given recent quite astounding new finds of natural gas and oil in the Dakotas, the eastern seaboard, offshore, the American west, Alaska, and Canada, it seems that we should be hell-bent on recovering these high-value fuels through new drilling, refineries, and pipelines, including ways to power our heavy trucks and equipment on natural gas. We should be planting acre to acre and end nonsensical biofuel subsidies and artificial limitations on irrigation deliveries to California’s West Side and elsewhere in the West. We need a national manufacturing policy that prunes regulations and encourages investment here in the U.S., ceases talk of new taxes, repeals the trillion-dollar take-over of the health-care industry, and stops hectoring Boeing about opening a new facility or trying to shut down energy generation plants. Unemployment, food stamps, gargantuan debt, absorption of private companies, solar and wind subsidies, new environmental, labor, and financial regulations atop an existing labyrinth of red tape — all that has not led to new job creation or economic growth.

Only a private sector confident that of long-term government predictability and encouraged by a national culture that applauds manufacturing, energy and food production, and private health initiatives and reform can see us of this mess.

US Stocks: Dow Sinks 500, Worst Day Since Dec. 2008 - CNBC

US Stocks: Dow Sinks 500, Worst Day Since Dec. 2008 - CNBC

Oil Falls to Six-Month Low Amid Stalled Economy Fears - CNBC

Oil Falls to Six-Month Low Amid Stalled Economy Fears - CNBC

Treasury: Obama Urges Geithner to Stay as US Treasury Chief - CNBC

Treasury: Obama Urges Geithner to Stay as US Treasury Chief - CNBC

Recession Seen Looming As Jobless Benefits End - CNBC

Recession Seen Looming As Jobless Benefits End - CNBC

Recession Seen Looming as Jobless Benefits End

Published: Thursday, 4 Aug 2011 | 12:51 PM ET
Text Size
By: Jeff Cox
CNBC.com Staff Writer
The likely loss of unemployment benefits for 3.71 million Americans in a few months will only add to an economy edging ever closer to recession, according to analysis that puts the chances of another downturn at better than 1 in 3.

Bank of America Merrill Lynch economists say the ending of benefits for the so-called "99ers"—those who have exceeded their normal benefit allotment and are on an emergency compensation program through the end of the year—will slow the economy even further. The term comes from a previous extension to 99 weeks of eligibility for benefits.
When the long-term unemployed hit the same point several months ago, Congress stepped in with an extension. But that may not come now.
"We do not expect them to get extended," BofAML economist Joshua Dennerlein wrote in a note to clients. "This will act as a hit to income, hurting consumption growth in the first half of the year."
More importantly, this "hit" comes at a time when BofAML thinks the economy—already battered by rising unemployment and a Depression-level housing market—is very fragile. Another shock, the bank argues, could send it into recession [cnbc explains] .


Jeff Cox
Staff Writer
CNBC.com
In fact, chances of the U.S. economy entering another recession, the firm says, are now 35 percent, about double from a forecast it issued during the spring. Recession is often defined as two consecutive quarters of negative gross domestic product growth.
"It would take a modest worsening in financial conditions, falling oil prices and rising unemployment. None of these are extreme scenarios," economist Michelle Meyer writes in a separate note. "We argue that after a series of sucker punches earlier this year, the economy is only one shock away from falling into recession."
The good news is that the recession likely would be "mild since the economy already is very lean," specifically citing the 8.8 million jobs sliced during the previous recession and only 1.8 million rehires.
Ominously, though, a recession could trigger a number of unexpected events, with Meyer specifically citing "a muni crisis" where state and local governments, which have been cutting costs aggressively, would face more intense pressure from a new recession that could lead to bond defaults. This is in part the scenario put forth from banking analyst Meredith Whitney, who has been widely reviled for her forecast of a wave of muni defaults.
Meyer said her economic team's "baseline"—or most probable—forecast is no recession. But growth will remain slow and "still feel like a recession to many."
The forecast falls in line with others who believe a second full recession—rather than a double-dip—is on the way or in fact already here.
"It is evident that we will be going into another recession—I think at this point it's only a question of whether it has already begun—with the levels of output, employment and income all lower now than they were prior to the last contraction phase," Gluskin Sheff economist and strategist David Rosenberg said in a note.
Rosenberg said he has "pegged a U.S. recession as a virtual certainty" and warned investors to plan accordingly.
He recommends a mix of risk hedging—shorting low-quality and buying high-quality stocks [cnbc explains] —and using an income-equity distribution with low correlations to the stock market. He also backs high-yielding corporate debt from companies with solid balance sheet, gold and mining stocks, and commodities, particularly raw food and energy.
"The economy and risk assets typically hit a speed bump in a recession," he said. "That much is true, but investment ideas and opportunities within the market can still flourish even in a bear phase or a correction—cash should not have to be an option."

 



Investors were fleeing to safety during Thursday's market rout, pushing bond prices sharply higher [cnbc explains] and the stock market off more than 3 percent as talk spread of a looming recession. The Standard & Poor's 500 [.SPX 1200.07 -60.27 (-4.78%) ] officially entered correction phase of a 10 percent decline from its recent high, although it recovered somewhat later in the day.
"Price declines of 5 percent or more aren't reason enough to signal recession, as there have been eight times as many of these as there have been recessions since WW II," Sam Stovall, chief equity strategist at S&P, said in a note. "But unrelenting price declines that are accompanied by weaker-than-expected GDP, ISM (manufacturing) and jobs data add to existing concerns."
Those concerns are manifesting themselves in portfolios, where a return to diversification and stock picking is likely to occur after more than two years of a highly correlated market where asset classes and individual stocks all moved in unison.
"Our advice in the last couple of months has been really pushing the notion of diversification and rebalancing which sounds like plain old vanilla advice," Liz Ann Sonders, chief strategist at Charles Schwab, said in an interview. "Correlations are starting to come down. There's more differentiation now."
Sonders said she too worries about the economy but believes the U.S. is more likely to muddle through than hit an actual recession.
"On our most optimistic day we didn't see anything close to robust growth," said Sonders, who in previous interviews had speculated a return to a "Goldilocks" economy where growth was not too fast or not too slow. "No matter how you slice it, it's not a robust picture."
© 2011 CNBC.com

Overregulation, Bureaucracy, and Crony Capitalism | FreedomWorks

Overregulation, Bureaucracy, and Crony Capitalism | FreedomWorks

Quis Custodiet Ipsos Custodes? Georgia Has an Answer - By Mark Krikorian - The Corner - National Review Online

Quis Custodiet Ipsos Custodes? Georgia Has an Answer - By Mark Krikorian - The Corner - National Review Online

http://www.gop.gov/indepth/jobs

http://www.gop.gov/indepth/jobs
http://www.gop.gov/media/features/11/06/17/28-months-later

Conservative commentator attacked by Muslim mob in Toronto - Landmark Report

Conservative commentator attacked by Muslim mob in Toronto - Landmark Report

Wednesday, August 3, 2011

Firefox w Twitter

Firefox with Twitter

Podcast: Gov. Scott Walker on Job Growth in Wisconsin

Podcast: Gov. Scott Walker on Job Growth in Wisconsin

Report: Disgraced Still-Congressman Wu Can Draw Nearly $900,000 In Pension Benefits

Report: Disgraced Still-Congressman Wu Can Draw Nearly $900,000 In Pension Benefits

U.S. Eats Up Most of Debt Limit in One Day - U.S. Debt - Fox Nation

U.S. Eats Up Most of Debt Limit in One Day - U.S. Debt - Fox Nation

Holy Shit

Obama Issues Statement Marking Ramadan, But No Easter Statement This Year | CNSnews.com

Obama Issues Statement Marking Ramadan, But No Easter Statement This Year | CNSnews.com

Lemonade Crackdown - By Iain Murray - The Corner - National Review Online

Lemonade Crackdown - By Iain Murray - The Corner - National Review Online

Prison Planet.com » NRA To Sue Feds Over ATF Intimidation Of Gun Sellers

Prison Planet.com » NRA To Sue Feds Over ATF Intimidation Of Gun Sellers

The Un-Radical Freshmen - Andrew Stiles - National Review Online

The Un-Radical Freshmen - Andrew Stiles - National Review Online

U.K.: Muslim prison inmates believed to be planning "massive attack," staff nearly lost control after Friday prayers - Atlas Shrugs

U.K.: Muslim prison inmates believed to be planning "massive attack," staff nearly lost control after Friday prayers - Atlas Shrugs

Obama Signs Debt Limit Increase, Uses Politics for Phony Class Warfare

Obama Signs Debt Limit Increase, Uses Politics for Phony Class Warfare

Horrific. Bulldozer demolishes Arab homes, families evacuated, one dead in Gaza - Atlas Shrugs

Horrific. Bulldozer demolishes Arab homes, families evacuated, one dead in Gaza - Atlas Shrugs

http://www.bankruptingamerica.org/2011/08/228k-on-flights-for-va-gov-wednesday-waste/

http://www.bankruptingamerica.org/2011/08/228k-on-flights-for-va-gov-wednesday-waste/

Speaker of the House John Boehner | speaker.gov

Speaker of the House John Boehner | speaker.gov

This May Be a Horror Movie, But the Monster Is the Debt - By Charlie Cooke - The Corner - National Review Online

This May Be a Horror Movie, But the Monster Is the Debt - By Charlie Cooke - The Corner - National Review Online

Obama Looks to 'Bundlers' for 2012 Re-Election Campaign - FoxNews.com

Obama Looks to 'Bundlers' for 2012 Re-Election Campaign - FoxNews.com

Taxes on the rich, unless they're campaign contributors - hypocrite

http://www.bankruptingamerica.org/2011/08/b-a-spending-daily-96/

http://www.bankruptingamerica.org/2011/08/b-a-spending-daily-96/

People Using Food Stamps Jump 69% - Food Stamps - Fox Nation

People Using Food Stamps Jump 69% - Food Stamps - Fox Nation

NYT: Debt Deal 'Does Not Reduce Federal Spending' - Debt Crisis - Fox Nation

NYT: Debt Deal 'Does Not Reduce Federal Spending' - Debt Crisis - Fox Nation

Blog - Small Businesses Bearing the Burden of the Government Takeover of Healthcare

Blog - Small Businesses Bearing the Burden of the Government Takeover of Healthcare

Prison Planet.com » GOA Chief: Super Congress ‘Will Lead Us Into Dictatorship’

Prison Planet.com » GOA Chief: Super Congress ‘Will Lead Us Into Dictatorship’

Man Jumps White House Fence Live on Air - White House - Fox Nation

Man Jumps White House Fence Live on Air - White House - Fox Nation

Obama's crack dealer jumps fence

Jon Stewart - Daily Show Banned In UK - Parliament | Mediaite

Jon Stewart - Daily Show Banned In UK - Parliament | Mediaite

Conservatism vs. Reform - By Jay Nordlinger - The Corner - National Review Online

Conservatism vs. Reform - By Jay Nordlinger - The Corner - National Review Online

Why is Russia Honoring Obama with Stamp? - President Obama - Fox Nation

Why is Russia Honoring Obama with Stamp? - President Obama - Fox Nation

Because Obama is a communist

Tuesday, August 2, 2011

Why the Left Is Starting to Hate Obama | The National Interest Blog

Why the Left Is Starting to Hate Obama | The National Interest Blog

Behind economic hard times, fear of the new - The Washington Post

Behind economic hard times, fear of the new - The Washington Post

Blacks Hate Obama Too

Why Capitalism Is Worth Defending - Anthony Gregory - Mises Daily

Why Capitalism Is Worth Defending - Anthony Gregory - Mises Daily

Cuba Embraces Capitalism - Fox News Video - FoxNews.com

» The Debt Crisis Is A Trojan Horse To Cause The Fall of America Alex Jones' Infowars: There's a war on for your mind!

» The Debt Crisis Is A Trojan Horse To Cause The Fall of America Alex Jones' Infowars: There's a war on for your mind!

Atlanta’s War on Street Vendors - Fox Business Video - FoxBusiness.com

Atlanta’s War on Street Vendors - Fox Business Video - FoxBusiness.com

Paul Ryan: Where's Your Budget, Mr. President? - WSJ.com

Paul Ryan: Where's Your Budget, Mr. President? - WSJ.com

How to post on Google+ & Facebook simultaneously - The Economic Times

How to post on Google+ & Facebook simultaneously - The Economic Times

Monday, August 1, 2011

New York Times Reader Kills Dozens in Norway - HUMAN EVENTS

New York Times Reader Kills Dozens in Norway - HUMAN EVENTS

Justice Department Sues Alabama Over Controversial Immigration Law - FoxNews.com

Justice Department Sues Alabama Over Controversial Immigration Law - FoxNews.com

Putin says U.S. is parasite on global economy | Reuters

Putin says U.S. is parasite on global economy | Reuters

[csl]
American inflation is currency manipulation, the same as China does to its competitors. Debt bill clears issue, allows US-RUS GDP race do-over.[/csl]

The Daily Gut FEBREZE AND HOWITZERS

The Daily Gut FEBREZE AND HOWITZERS

On Defense, the Obama Cuts Plus More - By Rich Lowry - The Corner - National Review Online

On Defense, the Obama Cuts Plus More - By Rich Lowry - The Corner - National Review Online

Conservatives Vs. Radicals

Tea Party


Evil

Biden collects rent from Secret Service - Washington Times

Biden collects rent from Secret Service - Washington Times

GALLUP: America Is a Conservative Country - Conservatives - Fox Nation

GALLUP: America Is a Conservative Country - Conservatives - Fox Nation

Congress Must Trim Deficit to Avoid Broader Cuts - NYTimes.com

Congress Must Trim Deficit to Avoid Broader Cuts - NYTimes.com

Robert Reich: Can Obama Pull a 'Clinton' on the GOP? - WSJ.com

Robert Reich: Can Obama Pull a 'Clinton' on the GOP? - WSJ.com

Wild boars invade New York state; kill pets, chase people | Reuters

Wild boars invade New York state; kill pets, chase people | Reuters

Spear them.

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