Peter Grace/Jack Anderson, Grace Commission report

http://truthintaxation.us/?tax_inform=whereTaxesGo Where Do Your Taxes Go? More Tax Info Home PageTax ReliefWhere Your Taxes GoUniverse of TaxesTale: Two BuildingsTale: Small BusinessLosing Jury TrialsWages = CapitationWages Are Not IncomeSen. Brown’s AgendaIncome Tax ProblemsWhy a Mute Congress?Public DiscussionTax TruthsOrder NowAbout Us According to the 2001 World Almanac, the federal government claimed just over $1 trillion in revenues […]

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The Grace Commission Report, Peter Grace, Ronald Reagan,1984

The Grace Commission

From Wikipedia, the free encyclopedia

This article relies on references to primary sources. Please add references to secondary or tertiary sources. (August 2007)

The Private Sector Survey on Cost Control (PSSCC), commonly referred to as The Grace Commission, was an investigation requested by United States President Ronald Reagan, in 1982. The focus of it was waste and inefficiency in the US Federal government. Its head, businessman J. Peter Grace,[1] asked the members of that commission to “be bold” and “work like tireless bloodhounds. Don’t leave any stone unturned in your search to root out inefficiency.”[2]

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Yep, no doubt about it. Raising the minimum wage will be ‘Good For America™’

Via Nathan, Jack-In-The-Box in Banning, California has the answer - Order by ATM. The Next Thing for certain Democrats to blame job losses on. Not Obamacare, not a minimum wage hike. It’ll be EVIL CORPORATE AMERICA!

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Americans Abroad Stranded as US Check Clearance Blocked

"U.S. citizens staying in Israel have discovered this week that they are no longer able to get Israeli shekels in exchange for their checks which are drawn to U.S. banks. Until this week, Israeli foreign exchange places would accept U.S. checks, at least from their regular customers, and would pay them out for a fee of 1 percent of their value. But this is no ,longer the case. 'The problem is with the check clearance process,” a Jerusalem money changer told The Jewish Press. 'No one outside the U.S. is able to do check clearance. It’s an international problem, it’s not a problem only in Israel.' American banks are not processing for clearance any checks coming from outside the U.S." Continue reading

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Have We Reached Peak Government?

"How can government expand 300+% while the underlying economy that supports it expanded by 75%? Answer: borrowing money, i.e. debt--lots of it. Federal debt has skyrocketed by 600% since 1990. This is simply part of a vast, unprecedented expansion of debt in both public and private sectors since 1990. So the question of Peak Government is ultimately a question of Peak Debt: how much money can the government borrow to sustain its current spending? Can public and private debt expand at rates four or five times that of the underlying economy? If so, for how long? If we are not yet at Peak Debt, we are getting close, and that means we are also getting close to Peak Government." Continue reading

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Bitcoin billionaires

&"Since graduating in mechanical engineering this June, Sanket Shah hasn't bothered hunting for a job. But that hasn't thrown a spanner in his lifestyle. The secret to Sanket's self-sustenance lies in Bitcoins. The Reserve Bank of India has not yet formulated regulations to govern trading or profits generated from Bitcoins. An RBI spokesperson told Mirror over email that the RBI doesn't consider Bitcoin legal tender and, therefore 'trading in Bitcoin is not legal. Obviously, there cannot be regulations from RBI for an illegal activity. People who use it, do so at their own risk and responsibility.'" Continue reading

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Credit card firm cuts off nation’s No. 1 gun store — for selling guns

"A subsidiary of Visa, a key Obama campaign donor, that specializes in credit card transactions has abruptly stopped servicing the nation’s largest gun store after four years because the store sells guns, a fact the owners never hid. Hyatt Gun Shop of Charlotte, N.C., told Secrets that the subsidiary, Authorize.net/CyberSource, simply sent an email to owner Larry Hyatt to announce that it was suddenly breaking off the business relationship. The reason: 'The sale of firearms or any similar product.' The brushoff of Hyatt's business has sparked a national boycott effort against Authorize.net and parent company CyberSource." Continue reading

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