Free Republic 3rd Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $25,028
29%  
Woo hoo!! And the first 29% is in!! Thank you all very much!!

Keyword: spreadthewealth

Brevity: Headers | « Text »
  • How high should tax rates go? Obama: ‘I don’t have a particular number in mind’

    07/26/2014 8:52:45 AM PDT · by Rusty0604 · 51 replies
    AEIdeas ^ | 07/25/2014 | James Pethokoukis
    Here is President Obama in a chat yesterday with CNBC’s Steve Liesman: STEVE LIESMAN: Mr. President, ... You’ve said a bunch of times that getting the wealthy to pay a little bit more, and you’ve succeeded in raising that top tax rate to 39% or rolling back the tax cuts. Is there a limit there? Is there a limit to how much you believe the government should take from an individual in terms of a top tax rate? PRESIDENT OBAMA: You know, I don’t have a particular number in mind, but if you look at our history we are still...
  • Eliminating the Salaries of All McDonald's Management Would Give Each Worker a 1.5 Cent Raise

    04/29/2014 1:40:34 PM PDT · by MichCapCon · 14 replies
    Capitol Confidential ^ | 4/26/2014 | Tom Gantert
    As a union tries to make CEO pay an issue, others question the comparison. Economist Antony Davies said that if McDonald's were to not pay its CEO or all senior management and instead divide those tens of millions of dollars among the minimum wage workers, each employee would end up earning about 1.5 cents more per hour. But some groups are using executive compensation to try and drive a public discussion. The AFL-CIO launched a website that is critical of some salaries, including the heads of some Michigan companies. The union reports that a minimum wage employee would have to...
  • (Obama-Nation) Economic Study Suggests We're Heading For A Blade Runner Future

    03/01/2014 10:01:37 AM PST · by DogByte6RER · 15 replies
    io9 ^ | February 19, 2014 | Annalee Newitz
    Economic study suggests we're heading for a Blade Runner future Earlier this month, a group of economists released the results of a massive study looking at the economic prospects of people from across the United States. What they found was that the U.S. is like a patchwork quilt of different countries, where some regions offer people the economic prospects of a typical developed nation — and other regions are more like a developing country. This study debunks a few myths about the United States, including the idea that wealthy nations have wealthy citizens. It's a powerful reminder that nations are...
  • Financial QUESTION: Obama and Democrats Trying To SEIZE Retirement Accounts (IRAs, 401Ks) ?

    Financial QUESTION: Obama and Democrats Trying To SEIZE Retirement Accounts (IRAs, 401Ks) ? Aug 9, 2013 I want to know what other Free Republic Members know about this H.R. 2035: Automatic IRA Act of 2013 I got an e-mail stating: "Obama & BIG Government Are Planning To Seize Retirement Accounts!" President Obama’s FY2014 Budget Plan brings us one Large step closer to De-Privatizing IRA’s & 401k’s. Much like Obamacare, Obama’s “Automatic IRA” will force employers with 10 employees or more, to “automatically” enroll their workers in the new Government run accounts. Obama’s Automatic IRA will be managed by the Social...
  • Not Qualified For Obamacare's Subsidies? Just Lie -- Govt. To Use 'Honor System' Without Verifying

    07/06/2013 8:19:17 PM PDT · by Jim Robinson · 16 replies
    Forbes ^ | July 6, 2013 | By Avik Roy
    If you thought the delay in the employer mandate was bad news for Obamacare, just wait. On Friday, Sarah Kliff and Sandhya Somashekhar of the Washington Post discovered that the Obama administration had buried in the Federal Register the announcement that the government won’t be able to verify whether or not applicants for Obamacare’s insurance exchange subsidies are actually qualified for the aid, in the 16 states that are setting up their own exchanges. Instead, until at least 2015, these states will be able to “accept the applicant’s attestation [regarding eligibility] without further verification.” Without employer mandate, Feds to rely...
  • The Greening Of Gore's Bank Account (the $200,000,000 wealth-redistributionist)

    05/21/2013 1:58:42 PM PDT · by presidio9 · 6 replies
    Forbes ^ | 5/21/2013 | Larry Bell
    With his estimated wealth exceeding $200 million, Albert Arnold Gore has come a long way from the time he began a career in government politics. But it hasn’t all been a green path. He can thank some earlier events for paving over muddy ground, a time when his father, Al Gore Sr. met Occidental Petroleum’s CEO Armand Hammer at a cattle auction in the 1940s. When zinc was discovered on some of Gore’s land,
  • (Pontifex Maximus ... NOT!) Kim Jong Un Building 'Mini World' with Replica Big Ben & Eiffel Tower

    04/29/2013 6:53:49 PM PDT · by DogByte6RER · 19 replies
    New York Post ^ | April 29, 2013 | THE SUN
    Kim Jong Un building 'mini world' with replica Big Ben and Eiffel Tower Chubby tyrant Kim Jong Un is building a “miniature world” in North Korea – with a replica of London's Big Ben at its heart. The dictator is set to open the theme park in capital Pyongyang – and has included the iconic clock tower. The new attraction, which opens this year, will also boast a copy of Paris’ Eiffel Tower. The secretive state famously doesn’t allow its citizens to leave the country – so it appears Jong Un has decided to bring the world to his people....
  • (Too Big To Fail) Indian Tribes Seek Federal Bailout Money for Casinos

    03/27/2013 7:04:21 PM PDT · by DogByte6RER · 18 replies
    The Washington Times ^ | March 27, 2013 | Cheryl K. Chumley
    Indian tribes seek federal bailout money for casinos A native-American tribe struggling to keep its Foxwoods Resort Casino in the red is now turning to the U.S. government for a helping hand. The Associated Press reports that the Mashantucket Pequot Tribal Nation has already received more than $4.5 million in grants from the Department of Health and Human Services and from the Interior Department in the last five years. But now members are facing tough times with its casino — which used to be a billion-dollar empire — and are looking at the government for more grants, AP says. Critics...
  • (Coming to America) Zimbabwe Finance Minister Admits: 'We've Only Got Ł138.34 in the Bank'

    01/30/2013 6:59:50 PM PST · by DogByte6RER · 7 replies
    Daily Mail (U.K.) ^ | 30 January 2013 | Dan Newling
    • Tendai Biti made the announcement at press conference declaring: 'Last week when we paid civil servants there was $217 in government coffers' • However he today contradicted his claims by saying the following day $30m was paid into government accounts • Result is culmination of years of ruinous economic policy by Zimbabwe's despotic President Robert Mugabe Zimbabwe's finance minister has taken a hard look at the cash strapped country's bank accounts - and discovered it only has Ł138 and 34 pence left. Tendai Biti made the announcement at press conference yesterday declaring: 'Last week when we paid civil servants...
  • Obama’s $264 Billion Tax Bill for 2013 May Spark New Recession

    01/07/2013 8:44:45 PM PST · by Olog-hai · 28 replies
    Newsmax ^ | Monday, 07 Jan 2013 10:18 PM | David A. Patten
    With the fiscal cliff deal and many Obamacare taxes taking effect, Americans will be slammed with an estimated $264 billion in new taxes this year alone—making 2013 memorable for delivering one of the largest one-year tax increases in American history. The math breakdown of the new taxes is simple: Key parts of the Bush tax cuts will expire as a result of the new fiscal cliff legislation, hitting American taxpayers with a tax bill of about $39.5 billion each year for the next decade. … Moody’s chief economist Mark Zandi issued a projection that the tax burden will cut GDP...
  • Obama's Affirmative Action: Tax Increases for Everyone!

    01/07/2013 10:52:09 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | January 7, 2013 | Morgan Brittany
    Here we go again folks, the Obama lies continue to flow.  Remember when he said this?  “I can make a firm pledge.  Under my plan no family making under $250,000 a year will see any form of tax increase.  Not your income tax, not your payroll tax, not your capital gains, not any of your taxes.”  Really.  Then how is it that this week when people got their payroll checks they were a little thinner than they were in 2012?  I’m not talking about the “evil rich”, but the average everyday worker.  With the expiration of the payroll tax cut,...
  • CURL: Obama supporters shocked, angry at new tax increases

    01/06/2013 4:23:49 PM PST · by Reagan is King · 107 replies
    The Washington Times online ^ | Sunday, January 6, 2013 | Joseph Curl
    Sometimes, watching a Democrat learn something is wonderful, like seeing the family dog finally sit and stay at your command. With President Obama back in office and his life-saving “fiscal cliff” bill jammed through Congress, the new year has brought a surprising turn of events for his sycophantic supporters. “What happened that my Social Security withholding’s in my paycheck just went up?” a poster wrote on the liberal site DemocraticUnderground.com. “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will...
  • Pelosi: More tax revenues must be part of next deficit deal

    01/07/2013 2:29:19 AM PST · by Libloather · 20 replies
    The Hill ^ | 1/06/13 | Mike Lillis
    Pushing back against the Republicans' deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this weekend that more tax revenues – not just spending cuts – must be a part of Congress's effort to rein in deficits. Pelosi said the tax hikes in the recent “fiscal-cliff” deal are a start, but don't go far enough to generate the revenues the government needs to run the country effectively. "In this legislation we had $620 billion, very significant … changing the high-end tax rate to 39.6 percent. But that is not enough on the revenue side," Pelosi told CBS's Bob Schieffer in...
  • 2013: Welcome to Very, Very Scary Times ... Victor Davis Hanson

    01/02/2013 6:03:54 AM PST · by Rummyfan · 23 replies
    PJ Media ^ | 2 Jan 2013 | Victor Davis Hanson
    On the One Hand… These should not be foreboding years. The U.S. is in the midst of a veritable energy revolution. There is a godsend of new gas and oil discoveries that will help to curtail our fiscal and foreign policy vulnerabilities — an energy bonanza despite, not because of, the present administration. Demographically, our rivals — the EU, China, Russia, and Japan — are both shrinking and aging at rates far in excess of our own. In terms of farming, the United States is exporting more produce than ever before at record prices. Americans eat the safest and cheapest...
  • Google saves $2B in taxes by sheltering $10B in revenue in Bermuda

    12/10/2012 9:18:06 AM PST · by Obadiah · 16 replies
    CNET ^ | 12/10/2012 | Shara Tibken
    Google avoided about $2 billion in global income taxes last year by shifting $9.8 billion in revenue into a Bermuda shell company, Bloomberg reported. That level is almost double the total from three years ago, Bloomberg said, citing a Nov. 21 regulatory filing by a Google subsidiary in the Netherlands. And it allowed Google to cut its overall tax rate almost in half. Google's action -- moving about 80 percent of its total pretax profit from 2011 to tax-free Bermuda -- isn't illegal. On the contrary, many companies have taken similar steps in recent years to avoid paying steep taxes....
  • 7 Reasons Socialism Will Make You Poorer Than Capitalism

    12/04/2012 4:26:17 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | December 4, 2012 | John Hawkins
    Given what we know in 2012, saying that capitalism will make a society richer than socialism should be about as controversial as saying the earth is round, not flat. Yet, a recent Gallup poll shows that more liberals have a positive view of socialism than capitalism. This is only possible because there are so many perverse incentives that drive the promotion of socialism. If you're a politician, socialism puts power in your hands while capitalism takes it away. If you want to use the government to control people's lives, socialism is a wonderful vehicle to do just that while capitalism...
  • Fiscal Cliff: Why Congress Might Have to Mess with the 401(k)

    11/29/2012 11:20:58 AM PST · by Perdogg · 196 replies
    Time ^ | 11/29/12 | Dan Kadlec
    One of the earliest fears about tax-favored savings accounts like IRAs and 401(k) plans was that when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the nation’s debt problems. We’re about to find out if those fears—persistent for decades—have been justified. Everything including the sacred mortgage deduction is on the table as lawmakers wrestle with the fiscal cliff, a year-end avalanche of scheduled spending cuts and tax increases. With a combined $10 trillion sitting in IRAs and 401(k) plans, retirement accounts make a juicy target. Some of this money...
  • 'Bama Claus is Spreadin' it round (vanity, song lyrics)

    11/14/2012 1:21:27 PM PST · by Rebel_Ace · 6 replies
    my own feeble mind | 11/14/2012 | Rebel_Ace
    'Bama Claus Is Spreadin' It Roundoriginal music and lyrics by John Frederick Coots and Haven Gillespie, updated lyrics by Rebel_Ace You better vote "D" And never vote "R" To Get Stuff for Free From the Welfare Czar 'Bama Claus is spreadin' it round 'Bama Claus is spreadin' it round 'Bama Claus is spreadin' it round The Union's got a list, Who voted twice; Show it to the press they put it on ice. 'Bama Claus is spreadin' it round 'Bama Claus is spreadin' it round 'Bama Claus is spreadin' it round The Rich they are not Paying We know how...
  • Stick-it-to-rich tax plan may backfire on France

    10/18/2012 5:33:51 AM PDT · by COBOL2Java · 18 replies
    The Washington Times ^ | 19 October 2012 | Maya Vidon-White - Special to The Washington Times
    PARIS — France’s Socialist government is proposing a slew of taxes — on art, on businesses, on the rich — that are drawing criticism for stifling entrepreneurship and scaring off the wealthy. “Unfortunately, I think the politics we are leading in France will turn out to be catastrophic for the economy, which is already in bad shape,” said French economist Marc Touati, author of “When the Eurozone Explodes.” “This is a serious mistake, something you learn in [Economy 101] — it will aggravate the recession and therefore shrink the tax base.” Led by President Francois Hollande, the French government proposed...
  • Class Warfare: The Mortal Enemy Of Economic Growth And Jobs

    10/18/2012 6:35:26 AM PDT · by SeekAndFind · 5 replies
    Forbes ^ | 10/18/2012 | Jim Powell
    Our economy is lousy, the labor force participation rate is the lowest in 31 years, we’ve had 43 consecutive months with unemployment over 8 percent, and a record 47 million people are on food stamps, so one might expect President Obama would welcome as much help as he could get. Surely he would want private sector job creators – investors and entrepreneurs – to have the strongest possible incentives for turning around this Obama “recovery” where household incomes are falling faster than they fell in the Bush recession. But Obama’s priority is class warfare. That’s why he relentlessly denounces job...
  • Obama’s Global Tax Plans – Dick Morris TV: Lunch Alert!

    10/08/2012 9:27:28 AM PDT · by Signalman · 2 replies
    Dick Morris ^ | 10/8/2012 | Dick Morris
    Dear Friend, In this video commentary, I discuss how Obama won’t tell us his plans, but here they are: a series of UN imposed global taxes on all Americans. Tune in!
  • Obama’s Plan for Ohio : Making suburban taxpayers prop up failing Democratic cities

    10/08/2012 6:54:05 AM PDT · by SeekAndFind · 34 replies
    National Review ^ | 10/08/2012 | Stanley Kurtz
    Suburbanites of Ohio, listen up. As swing voters in the ultimate swing state, you will have an outsized impact on this election. President Obama has pledged to govern in the interests of middle-class voters like you. With so much resting on your shoulders, that is a promise you should scrutinize with care. What exactly are Obama’s plans for Ohio’s suburban communities? The answer may shock you. President Obama aims to help Ohio’s Democrats bail out your state’s struggling cities by forcibly transferring suburban tax money to urban treasuries. It’s a bold plan to redistribute the wealth of Ohio’s suburbs. It...
  • Foreign aid has become 'real money'($20+ Billion)

    10/04/2012 10:08:48 AM PDT · by Perseverando · 1 replies
    WND.com ^ | October 03, 2012 | Joseph Farah
    Exclusive: Joseph Farah compares billions given away to what's spent on border security It may be an apocryphal quote attributed to the late Sen. Everett Dirksen: “A billion here, a billion there, and pretty soon you’re talking real money.” There’s really no credible citation one can find that suggests he actually ever said those famous words – though I swear I can still hear him saying them when I was a child. Those words were reverberating in my mind again this week as it was revealed that Barack Obama has increased spending on foreign aid by 80 percent through last...
  • Spain Recoils, as Its Hungry Forage Trash Bins for a Next Meal

    09/26/2012 10:02:15 AM PDT · by rightwingintelligentsia · 151 replies
    NYT via CNBC ^ | September 25, 2012 | Suzanne Daley
    On a recent evening, a hip-looking young woman was sorting through a stack of crates outside a fruit and vegetable store here in the working-class neighborhood of Vallecas as it shut down for the night. At first glance, she looked as if she might be a store employee. But no. The young woman was looking through the day’s trash for her next meal. Already, she had found a dozen aging potatoes she deemed edible and loaded them onto a luggage cart parked nearby. “When you don’t have enough money,” she said, declining to give her name, “this is what there...
  • Outnumbered: Presidential Voters Exceeded Full-time Workers by 14 Million

    09/19/2012 8:36:19 AM PDT · by Kaslin · 26 replies
    Townhall.com ^ | September 19, 2012 | Terry Jeffrey
    In November 2008, the Americans who turned out to vote in the presidential election outnumbered the Americans who turned out to work full-time by more than 14 million. According to the Bureau of Labor Statistics, approximately 118,423,000 Americans worked full-time in November 2008. According to the University of California at Santa Barbara's American Presidency Project, 132,645,504 people turned out to vote in that month's presidential election. The presidential election voters outnumbered the full-time workers by 14,222,504. In that election, then-Sen. Barack Obama won 69,297,997 popular votes and Sen. John McCain won 59,597,530. The 14,222,504 margin between presidential voters and full-time...
  • Nobel Peace Prize Winners Take Aim at U.S.

    09/17/2006 8:04:11 PM PDT · by FlyVet · 89 replies · 2,029+ views
    AP ^ | 9/17/06 | CHASE SQUIRES
    Nobel Peace Prize Winners Take Aim at U.S. By CHASE SQUIRES, AP DENVER (Sept. 17) - Ten Nobel Peace Prize laureates chbishop called for world peace and took aim at U.S. policy makers, asking an enthusiastic crowd of 7,000 youth to demand that the United States pull back its military, spread its wealth and offer aid to developing countries. The Archbishop Desmond Tutu had stern words for the Bush administration. "Then how can you commit Guantanamo Bay? Take back your country," he said. Only the Dalai Lama, whose speech at the three-day PeaceJam convention at the University of Denver was...
  • The Rich Don't Pay Enough?

    08/29/2012 10:56:14 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | August 29, 2012 | Walter E. Williams
    If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free. Stephen Moore, senior economics writer for The Wall Street Journal, and I'm proud to say former GMU economics student, wrote "The U.S. Tax System: Who Really Pays?" in the Manhattan Institute's Issue 2012 (8/12). Let's see whether the rich are paying their "fair" share. According to IRS 2007 data, the richest 1 percent of Americans earned 22 percent of national...
  • You didn’t build that: Obama says wealthy are ‘lucky,’...

    08/13/2012 10:45:13 PM PDT · by CitizenM · 97 replies
    The Washington Examiner ^ | 8/15/12 | Joel Gerhke
    One month to the day after his infamous ‘you didn’t build that’ speech, President Obama’s description of wealthy people did not include “smart” or “hardworking,” as he instead ascribed their success to good luck. “If you’re lucky enough, and fortunate enough, and been blessed enough to be in the other two percent, the top two percent, you still get a tax cut for your first $250,000 of income,” Obama said during a campaign stop in Council Bluffs, Iowa. “All we’re saying is after that, maybe you can do a little bit more to help pay down this deficit and invest...
  • Obama: 'A New Vision Of An America In Which Prosperity Is Shared'

    08/13/2012 11:37:46 PM PDT · by 2ndDivisionVet · 27 replies
    Breitbart TV ^ | August 13, 2012
    (VIDEO AT LINK) President Obama: "Too many folks still don't have a sense that tomorrow will be better than today. And so, the question in this election is which way do we go? Do we go forward towards a new vision of an America in which prosperity is shared?(continued)
  • Burn Down the Suburbs? Not exactly, but Obama is already working to get rid of them.

    08/05/2012 4:38:05 PM PDT · by Syncro · 69 replies
    NationalReview ^ | Aug 1, 2012 | Stanley Kurtz
    Burn Down the Suburbs? Not exactly, but Obama is already working to get rid of them. By Stanley KurtzEditor’s Note: This article is adapted from Spreading the Wealth: How Obama is Robbing the Suburbs to Pay for the Cities, by Stanley Kurtz, from Sentinel HC. President Obama is not a fan of America’s suburbs. Indeed, he intends to abolish them. With suburban voters set to be the swing constituency of the 2012 election, the administration’s plans for this segment of the electorate deserve scrutiny. Obama is a longtime supporter of “regionalism,” the idea that the suburbs should be folded into the cities, merging schools,...
  • The Dismantling of the American Dream

    07/16/2012 1:48:43 PM PDT · by Kaslin · 11 replies
    Rush Limbaugh.com ^ | July 16, 2012 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Who does Obama think paid the taxes for the roads and the bridges and the stoplights? Who paid for this? Who paid for all of that? People that don't have anything? People who pay taxes paid for all this stuff! Folks, it's a shame that we have to sit here and react to this kind of sophistry and explain to people how this country was built and who did it and why it happened and how it happened. Because we live in a period of time where the president of the United States is trying to rewrite...
  • Trump coming up on FNC about Noobamas comment.

    07/16/2012 4:31:19 AM PDT · by Leo Carpathian · 45 replies
    7/16/2012 | self
    To comment on "You didn't build that business yourself"
  • Tax cheats given $1.4 billion in stimulus loans

    06/29/2012 9:56:18 AM PDT · by IbJensen · 2 replies
    Washington Times ^ | 6/27/2012 | Stephen Dinan
    Tax cheats were given $1.4 billion in government-backed mortgage loans under President Obama’s economic stimulus, and the government doled out at least an additional $27 million in tax credits to delinquents who took the first-time-homebuyer tax break, according to a government audit released Wednesday. Under government rules, delinquent taxpayers are supposed to be ineligible for the mortgage insurance program unless they have reached a repayment agreement with the Internal Revenue Service. But the Federal Housing Administration didn’t have the right controls to weed out bad applications, said the Government Accountability Office, Congress‘ chief investigative arm. That meant FHA insured $1.4...
  • GHEI: The Poorer Middle Class. Obsession with Income Redistribution is Destroying U.S. Productivity

    06/15/2012 6:12:55 AM PDT · by lbryce · 10 replies
    Washington Times ^ | June 14, 2012 | Nita Ghei
    Obsession with income redistribution is destroying U.S. productivity President Obama’s re-election prospects dim by the day. When it comes to all-important pocketbook issues, Americans quite simply are worse off now than they were when this administration moved into the White House. The Federal Reserve released its latest “Survey of Consumer Finance” on Tuesday, which confirmed widely held sentiment with hard data: Americans are poorer today than they were in 2007, when the Great Recession hit. The difference between now and then is massive. The median household saw almost 39 percent of its wealth evaporate, and real income (that is, the...
  • Obama Orders IRS to refund 'Illegal Aliens' $4.2 billion, While Asking the Rich....

    05/07/2012 7:56:55 AM PDT · by yoe · 31 replies
    (Loophole.)(4 Billion a year)(video)(Illegal Aliens Getting Bigger Tax Refund Checks?)
  • Van Jones: 'Progressives Have Another Century to Win!'

    04/17/2012 10:36:10 AM PDT · by 2ndDivisionVet · 12 replies
    Rolling Stone ^ | April 17, 2012 | Rick Perlstein
    Van Jones, one of the most effective organizers and strategists on the left, is out with a new book. Rebuild the Dream, which debuted last week on the New York Times bestseller list, takes its name from the organization Jones helped found a year ago to stir up a grass-roots insurgency against the plutocrats we now call the 1%—and now seek harness the insurgent energies expressed by the Occupy movement into lasting institutional reform. “The American dream—the idea that ours is a land where any hard-working person can better herself or himself—is at risk of being wiped out, right before...
  • Socialism for Kids, the Obama Version

    04/05/2012 7:28:05 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | April 5, 2012 | Daniel J. Mitchell
    I have several amusing posts about the left’s fixation on redistributionism, including this Halloween classic, this Elizabeth Warren takedown, this mockery of the Occupy Wall Street nitwits, and this caricature of Obama’s class warfare. In this grand tradition, here’s a funny poster sent to me by a reader.This is an appropriate point for the disclaimer that Obama is not a socialist, which technically requires government ownership of the means of production. As I’ve explained before, it’s much more accurate to say he’s a statist, a corporatist, or a redistributionist.And since we’re looking at definitions and this post features young children,...
  • Obama Instructs Journalists On How To Report His Positions (video)

    04/03/2012 6:05:27 PM PDT · by Free ThinkerNY · 28 replies
    realclearpolitics.com ^ | April 3, 2012
    "This bears on your reporting," President Obama said to journalists. "I think that there is oftentimes the impulse to suggest that if the two parties are disagreeing then they're equally at fault and the truth lies somewhere in the middle. And an equivalence is presented which I think reinforces peoples' cynicism about Washington in general. This is not one of those situations where there's an equivalency." "As all of you are doing your reporting, I think it's important to remember that the positions that I am taking now on the budget and a host of other issues. if we had...
  • Obama peddles modest American dream

    02/21/2012 11:28:39 AM PST · by rightwingintelligentsia · 16 replies
    My Way News ^ | February 21, 2012 | ERICA WERNER
    WASHINGTON (AP) - This time around, President Barack Obama's message can sound decidedly down-to-earth. Four years after winning the White House, Obama is dealing with a different economic and political reality as he seeks re-election. He's focused less on a lofty vision for overcoming divisions and remaking Washington, and more on the most basic building blocks of middle-class economic security: a job, a house, a college education for the kids, health care, money for retirement. What Obama describes as the American Dream can seem a spare, fundamental aspiration, tailored for a campaign that looks to be fought over who is...
  • Obama Budget Raises Taxes on Small Employers, Savers, Families

    02/15/2012 11:02:04 AM PST · by 92nina · 6 replies
    ATR ^ | 2012-02-13 | Ryan Ellis
    President Obama released his FY 2013 budget [Monday] morning. By his own numbers, his budget raises net taxes over the next decade by $1.56 trillion (Table S-9, page 225). As a percentage of the economy, tax revenues would rise all the way to 20.1% of GDP in 2022, far higher than the historical tax revenue average of 18.3% of GDP (Table S-1, page 205). Here are some of the tax lowlights: All 20 of the new or higher taxes in Obamacare are assumed to take place. That means that there will be a 3.8 percentage point surtax on investment income....
  • Pelosi on Unemployment Benefits Extension: I’d rather not pay for it

    02/06/2012 11:48:21 AM PST · by Pacothecat · 25 replies
    Pelosi: 'I Don't Want To Pay For It...Surcharge' The Rich For Doctors Visits and Unemployment Benefits http://www.breitbart.tv/pelosi-on-unemployment-benefits-extension-id-rather-not-pay-for-it/
  • Obama: Jesus would tax the rich

    02/02/2012 8:20:06 AM PST · by Sub-Driver · 200 replies
    Obama: Jesus would tax the rich By: Jennifer Epstein February 2, 2012 10:12 AM EST President Barack Obama tied his proposal to raise taxes on wealthy Americans to his faith on Thursday, telling leaders gathered for the National Prayer Breakfast that Jesus’ teachings have led him to that conclusion. The rich pay more not only because “I actually think that is going to make economic sense, but for me as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required.’” Obama said at the Washington Hilton, delivering remarks at an annual...
  • The 'Take Care of Me' Society is Wrecking the USA [We've lived off our children, grandchildren..]

    01/28/2012 8:40:19 PM PST · by fight_truth_decay · 58 replies · 1+ views
    The Fiscal Times ^ | January 28, 2012 | By MAUREEN MACKEY,
    You’ve played by the rules. Worked hard to put yourself through school. You’ve gotten a decent job and you pay your taxes. You’re faithfully paying down your mortgage and saving money in a 401(k) – all to secure your finances and your future. But now there are a lot more “takers” than “makers” in this country – and the impact is systemic and long-lasting. A prevalent new “moocher culture” is changing the character of this nation – that’s the core message of A Nation of Moochers: America’s Addiction to Getting Something for Nothing, a new book by Charles J. Sykes,...
  • Great news: The “fair share” administration owes over $800,000 in back taxes

    01/26/2012 7:18:22 AM PST · by SeekAndFind · 7 replies
    Hotair ^ | 01/26/2012 | Ed Morrissey
    We heard a lot on Tuesday night from President Obama about the wealthy paying their “fair share” in his State of the Union speech. (Well, you heard it a lot; I read the speech and then commenced to have a life on Tuesday night.) Obama made half a dozen references to fairness in relation to taxes in the address, including taking a shot at Congress: But in return, we need to change our tax code so that people like me, and an awful lot of members of Congress, pay our fair share of taxes. Just like with charity, perhaps fairness...
  • Obama: Millionaires should pay at least 30 percent in taxes (Obama paid 25%, Mitt 13%, Buffett 10%)

    01/25/2012 3:23:15 AM PST · by tobyhill · 68 replies · 5+ views
    msnbc ^ | 1/25/2012 | By Michael O'Brien
    People earning over $1 million per year should pay an effective tax rate of no less than 30 percent, President Obama said in his State of the Union address Tuesday night. The president laid down one of his most political markers of the annual policy speech by crafting what he called the "Buffett Rule," named after the famous billionaire investor. "Tax reform should follow the Buffett rule: If you make more than $1 million a year, you should not pay less than 30 percent in taxes," Obama said.
  • SOTU: Obama "Can't Wait" to Bypass Constitution

    01/25/2012 6:35:21 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | January 24, 2012 | Charles Payne
    It turns out Mitt Romney paid $6.2 million in taxes in the latest year between federal and local taxes and I say bravo for him that sounds fair as hell to me. Really, just think for a moment and ask yourself does anyone get $6.2 million a year in services from the government? This past weekend is a perfect example. A nature preserve sits right behind my house, which is great because it's like having a giant backyard with deer, foxes, and occasional eagles. I worry about those giant trees that lean toward the house in such an ominous way...
  • Obama to Draw an Economic Line in State of Union (activist role for gov, more taxes and spending)

    01/21/2012 11:34:23 AM PST · by Innovative · 35 replies
    NY Times ^ | Jan 21, 2012 | JACKIE CALMES
    President Obama will use his election-year State of the Union address on Tuesday to define an activist role for government in promoting a prosperous and equitable society, hoping to draw a stark contrast between the parties in a time of deep economic uncertainty. ...Mr. Obama will call for changing the corporate and individual income-tax codes so the wealthy pay more, both to finance government investments and to alleviate the rise in income inequality in recent years. Republican presidential candidates have countered that government should get out of the way.
  • Census shows 1 in 2 people are poor or low-income

    12/15/2011 5:33:19 AM PST · by markomalley · 71 replies
    See BS ^ | 12/15/11
    Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families. "Safety net programs such as food stamps and tax credits kept poverty from rising even higher in 2010, but for many low-income families with work-related and medical expenses,...
  • Obama: Limited Gov't That Preserves Free Markets 'Doesn't Work. It Has Never Worked'

    12/07/2011 9:22:50 AM PST · by Just4Him · 61 replies
    CNS News ^ | 12/7/2011 | Terence P. Jeffrey
    (CNSNews.com) - In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets "speaks to our rugged individualism" as Americans, such a system "doesn't work" and "has never worked" and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class. "'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take...
  • Obama’s BIG small-minded class warfare speech in Kansas doesn’t disappoint (Predictable)

    12/06/2011 2:09:01 PM PST · by SeekAndFind · 11 replies
    Hotair ^ | 12/06/2011 | Tina Korbe
    Today in Osawatomie, Kan., Barack Obama laid bare his progressive agenda, calling for more federal involvement in education, increased spending on infrastructure, an extension of the payroll tax cut and increased taxes on the rich. He even invoked Teddy “the Trustbuster” Roosevelt, who, if you’ll recall, became increasingly socialistic as the sun of his national stardom began to set. Not surprisingly, Obama was disingenuous in a few places — but just a few. At one point, he said he had already signed $1 trillion in spending cuts into law. Presumably, he was referring to the cuts included in the debt...