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From the category archives:

taxes

A Taxing Health Care Plan

November 2, 2009

There's an old political truism that says you don't raise taxes during a recession. The reason is, raising taxes during a recession tends to make the recession worse. They used to call that – economics.
But that was before the Age Of Obama and Pelosi, where economic rules no longer apply. Obama and Pelosi just love [...]

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Self-Interest And Health Care Incentives

October 14, 2009

People always act in their own financial self-interest. Ditto for organizations. For instance, let's say you have a choice between two competing health care plans with the same coverage. Company A offers the plan for $200 per month, and Company B offers the plan for $400 per month. It's pretty obvious you'd choose Company A, [...]

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Click Your Heels Together Three Times And Say 'The Stimulus Is Working'

September 8, 2009

“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.” – Senator Barack Obama, in a 2006 floor speech preceding a Senate vote to extend the federal debt limit.
Ah, how I liked THAT Barack Obama back in 2006, [...]

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Radicals In Power

September 2, 2009

One of the most disturbing things about Barack Obama is not Obama himself, but rather some of the people around him, including several people he has put into positions of authority. I've already detailed the radical nature of a couple Obama administration personnel, Science Czar John Holdren and FCC Diversity Officer Mark Lloyd. Holdren has [...]

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Killing The Land Of Opportunity

August 18, 2009

In the last nine months, our federal government has bailed out big business left and right. Wall Street, banks, insurance companies, car companies. The federal government serves as a backstop for big business. Big business also happens to be the ones with the deep pockets, lobbyists, and campaign cash to help get the politicians re-elected. [...]

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Happy Cost Of Government Day !

August 12, 2009

Americans for Tax Reform (ATR) computed the day of the year when all the costs of government at all levels are paid for. ATR calls it Cost Of Government Day. This year, that day fell on August 12, 2009. It has taken from January 1st until now to pay for all the costs of federal, [...]

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Enemies Of The People

July 31, 2009

Barney Frank (D-VT) wants the federal government to decide how much Wall Street executives (and all other executives of private companies) are paid. Barney also wants the government to decide how they are paid. Legislation to ban incentive-based pay for private corporations has been approved by the House Financial Services Committee.
I don't know where [...]

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Stuart Joins The Senate, And Other Matters

July 17, 2009

Certain things defy explanation. For example, Bill Ayers went from being a domestic terrorist bomber for the Weathermen to being a Distinguished Professor of Education at the University of Chicago-Illinois. There is no rational explanation for how that happens, for how a radical like Ayers gets in a position to shape impressionable young minds when [...]

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Enough Already – Stop Cap-And-Trade

June 28, 2009

“Whenever any form of government becomes destructive of these ends – life, liberty, and the pursuit of happiness, it is the right of the people to alter or abolish it, and to institute new government.” – Thomas Jefferson
Allow me to construct a hypothetical set of circumstances. Let's say our country was in the midst of [...]

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The New American Economic Model

June 7, 2009

In the last nine months, we have learned a great deal about how "free market" economics in America really works. With all the bailouts of financial institutions (TARP), automobile companies (TARP), and federal/state/local governments (Stimulus package), it has become clear that our economic model is – profits are privatized (paid to investors), and losses are [...]

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Obama Admin Admits Entitlement Crisis

May 14, 2009

In my last post, I touched on the problem of our huge unfunded entitlement liabilities, primarily Social Security and Medicare. Yesterday, the Obama administration admitted the problem exists. Yippee ! This may not seem like such a big step forward, but it is. Remember, for years the Democrats in Congress denied there was any problem [...]

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Worse Than Enron, Worse Than Madoff

May 12, 2009

At the end of each fiscal year, the Treasury Department issues a financial report. The last such report was the 2008 Financial Report Of the United States Government. There is a link to the Citizens Guide version of the report here.
The stated 2008 deficit under President Bush was $454.8 billion. That was the largest budget [...]

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