Posted by: bj | August 24, 2009

Some people Have Class and some don’t

 

 

David Letterman has no class.

 

http://beltwayblips.dailyradar.com/video/letterman_on_sarah_palin_s_daughter/

 

 

 

 
Posted by: bj | August 24, 2009

Obama’s Friend : Reverend Wright

Reverend Wright (Obama Pastor  for 20 years)  black liberation hate speech  
 
 
Fox News Catches Obama in the Big Lie (in his own words) about what he (Obama)  thought about Reverend Wright’s comments.
  
 
Reverend Wright says (June 10, 2009) “Them Jews anit going to let him talk to me”   
 
 

 

 
 
 
 
Posted by: bj | August 24, 2009

Obama Destroys : THE RULE OF LAW IN AMERICA

The State of Indiana invested $6.5 million in Senior (first position Chrysler Bonds) .  In the first position,  according to the rule of law and historical law,  Indiana was entitled to receive 100% of its investment back before any other creditors are paid. 

The end result:  Obama pays Indiana  29 cents on the dollar, and allows other unsecured  creditors (the United Auto Workers – Union)   to receive more than 29 cents on the dollar on their unsecured debt  and also 55% ownership of Chrysler common stock.

I guess it pays to make a lot of   $$$   contributions to Obama and the unions. 

THE FINANCIAL LENDING MARKETS ARE DEAD IN THE US.  WHY SHOULD ANY LENDER MAKE ANY ONE A LOAN,  WHEN OBAMA CAN CHANGE THE RULES WHICH HAVE BEEN ESTABLISHED FOR HUNDREDS OF YEARS? 

THE RULE OF LAW IS DEAD.

PLEASE HELP US LORD………………………..

 

 

 

 

 http://www.in.gov/tos/files/TreasurerMourdockIssuesDirective051809.pdf

Supreme court refuses to hear first position chrysler bond holders position. THE RULE OF LAW IS   DEAD  ……….  Again             

 

 

Posted by: bj | August 24, 2009

Obama orders Miranda Rights for terrorists

Obama secretly begins the US Military “Maranda Rights Program for terrorists.   
 

 Can you imagine:  A GI captures a terrorist that has been trying to kill him for weeks or days or hours;  he must now read him his rights (You have the right to remain silent, you have the right to an attorney, etc.  while in a war zone & the bad guys friends may still be trying to kill the US soldiers companions) .  We will never win the “war on terror”  with these rules of engagement. 

Does this mean the military will just shoot them rather  than capture them?  This could certainly not be  what Obama has in mind??

This weakens national  security and makes it impossible to EVER WIN THE WAR ON TERRORISM !!!!!!!!!!!!!!!!!

 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

Washington, DC, October 4, 2007 – New data released by the IRS today offers interesting insights into the distributional spread of the federal income tax burden, new analysis by the Tax Foundation shows.

Summary of Federal Individual Income Tax Data, 2005 (updated October 2007)

 

 

Number of Returns (thousands)

AGI

($ millions)

Income Taxes Paid

($ millions)

Group’s Share of Total AGI

Group’s Share of Income Taxes

Income Split Point

All Taxpayers

132,611,637

$7,507,958

$934,703

100.00%

100.00%

Top 1%

1,326,116

$1,591,711

$368,132

21.20%

39.38%

above $364,657

Top 5%

6,630,582

$2,683,934

$557,759

35.75%

59.67%

above $145,283

Top 10%

13,261,164

$3,487,010

$657,085

46.44%

70.30%

above $103,912

Top 25%

33,152,909

$5,069,455

$803,772

67.52%

85.99%

above $62,068

Top 50%

66,305,819

$6,544,824

$906,028

87.17%

96.93%

 above $30,881

Bottom 50%

66,305,818

963,134

28,675

12.83%

3.07%

below $30,881

 

 

 

 

 

 

Source: IRS

If you want to break into the top 1% club then you’ll have to aim for $365k per year. But remember, unless a recession happens by the time you get up to that level the threshold for top 1% membership will have risen.

Growing inequality is a boon for federal tax collections because the higher income people are taxed at higher percentage rates. The same dollar earned by a high income person nets the IRS much more in taxes collected than if a lower income person in a low tax bracket earns that dollar. The top 1% alone paid almost 40% of total federal income taxes. This is why such a big chunk of the electorate isn’t strongly opposed to more federal spending. They know they won’t be the ones paying for it.

The table above shows that the top-earning 25 percent of taxpayers (AGI over $62,068) earned 67.5 percent of nation’s income, but they paid more than four out of every five dollars collected by the federal income tax (86 percent). The top 1 percent of taxpayers (AGI over $364,657) earned approximately 21.2 percent of the nation’s income (as defined by AGI), yet paid 39.4 percent of all federal income taxes. That means the top 1 percent of tax returns paid about the same amount of federal individual income taxes as the bottom 95 percent of tax returns.

The IRS data also shows increases in individual incomes across all income groups. Just as the highest earners lost the biggest percentage of their incomes during the recession of 2001, so they have prospered the most as the economy has continued to rebound. In sum, between 2000 and 2005, pre-tax income for the top 1 percent group grew by 19.1 percent. In the same time period, pre-tax income for the bottom 50 percent increased by 15.5 percent.

Will we reach a point where the top 1% are paying half of all income taxes?

 

 

 

 

 Pravda Commentary : American Capitalism gone with a whimper, The Russians get it but the US is more interested in their soap operas.
American Capitalism Gone With A Whimper
 It must be said, that like the breaking of a great dam, the American descent into Marxism is happening with breathtaking speed, against the backdrop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas than the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a Burger King burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our “democracy”. Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America .

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America ‘s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Weimar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, losses, and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties, and powers of the American congress (parliament). Again, congress has put up little more than a whimper to their masters.

Then came Barack Obama’s command that GM’s (General Motors) president step down from leadership of his company. That is correct, dear reader, in the land of “pure” free markets, the American president now has the power, the self-given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

So it should be no surprise that the American president has followed this up with a “bold” move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK ‘s Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, and so let our “wise” Anglo-Saxon fools find out the folly of their own pride.

Again, the American public has taken this with barely a whimper…but a “free man” whimper.

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set “fair” maximum salaries, evaluate performance, and control how private companies give out pay raises and bonuses? Senator Barney Frank, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

The proud American will go down into his slavery without a fight, beating his chest, and proclaiming to the world, how free he really is. The world will only snicker.

Stanislav Mishin© 1999-2009… PRAVDA.Ru . When reproducing our materials in whole or in part, hyperlink to PRAVDA.Ru should be made. The opinions and views of the authors do not always coincide with the point of view of PRAVDA.Ru ‘s editors.

 

 
 

 

 

Posted by: bj | August 24, 2009

Michele Obama – The Arrogance of Power

Michele Obama  has 22 people on her staff.   Laura Bush had one.   Wow, Lets take Airforce One to NY and see a Broadway Play.  Sounds good to me……………………

file:///C:/Users/Bob/Desktop/Taxes%20&%20Politics/Need%20to%20be%20Posted%20to%20wordpress/Michele%20Obama%20attendants.html

 

 
Daniel Hannan in the US Part  II  –   Message to the USA –  Respect your Constitution. 

Daniel Hannan speaks out on Europes Marxist Agricultural Policy

Posted by: bj | August 24, 2009

Real Facts about the Obama Health Care Plan

Betsey McCaughey on the Fred Thompson Show, exposes the Obama Health Care Plan for what it is.

http://www.youtube.com/watch?v=89hpyOljiGk

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