How Going Over the ”Fiscal Cliff” Will Affect You

"Kahn projects that a kick the can deal will increase taxes by $530 billion. Specifically, he sees strong support for an end to the payroll tax cut, an end to Bush tax cuts, and broad support for short-term 'tax extenders.' On the spending side, no further extensions of unemployment and a cut in Medicare payments (the doc fix). Total spending cuts $170 billion. Got that? Tax increases of $530 billion and cuts of only $170 billion. In other words, the 'kick the can deal' is a huge tax increase. They are set to scare the public and then take more money out of their pockets." Continue reading

Continue ReadingHow Going Over the ”Fiscal Cliff” Will Affect You

61.2% Voted For Nobody

"That’s my tentative estimate (based on Google election result and population statistics) of the percentage of Americans who voted for nobody for President of the United States on Tuesday. About 38.8% of the population supported one of the candidates; about 19.5% of the population supported the alleged 'winner.' 61.2% of the population did not consent to be ruled at all, and fewer than one in five Americans consented to be ruled by Barack Obama. The figures are likely similar for most or all of the 435 US Representatives and 33 US Senators 'elected' on Tuesday." Continue reading

Continue Reading61.2% Voted For Nobody

Krugman’s “Success Story”: 700,000 Strong Protest in Argentina Against Inflationist Prez

"Demonstrators marched against rising inflation, crime and corruption under President Cristina Fernandez de Kirchner, whose popularity has plummeted since she was re-elected last year as the economy wobbles, reports the UK's Standard. In Buenos Aires, crowds filled the Plaza de Mayo in front of the presidential palace and chanted: 'We’re not afraid.'" Continue reading

Continue ReadingKrugman’s “Success Story”: 700,000 Strong Protest in Argentina Against Inflationist Prez

If You Want Good Tax Policy, Choose Jersey (but not New Jersey!)

"I’m in the Bailiwick of Jersey, which is a UK dependent territory off the coast of France. Jersey is a so-called tax haven, which I applaud because it helps encourage better tax policy in less enlightened parts of the globe. Because I’m such a cultured and sophisticated guy, today I used some of my free time to visit the Jersey Museum. I now know lots of useless trivia about how a tiny island 15 miles from France wound up as an English territory. But I also found something very interesting in the section on the economic history of Jersey. The museum explicitly recognizes the role of low taxation in promoting a prosperous society." Continue reading

Continue ReadingIf You Want Good Tax Policy, Choose Jersey (but not New Jersey!)

Glenn Greenwald: Petraeus scandal is reported with compelled veneration of all things military

"There are several revealing lessons about this media swooning for Petraeus even as he exits from a scandal that would normally send them into tittering delight. First, military worship is the central religion of America's political and media culture. The military is by far the most respected and beloved institution among the US population - a dangerous fact in any democracy - and, even assuming they wanted to (which they don't), our brave denizens of establishment journalism are petrified of running afoul of that kind of popular sentiment. Second, it is truly remarkable what ends people's careers in Washington - and what does not end them." Continue reading

Continue ReadingGlenn Greenwald: Petraeus scandal is reported with compelled veneration of all things military

Police State 101, Torture Impunity, Obama’s Second Chance?

"On this episode of Breaking the Set, Abby Martin talks to Ian Freeman, Host of 'Free Talk Live', about the police state and the erosion of American civil liberties. Abby then talks to RT Arabic Correspondent, Reema Abu Hamdieh, about the polarized views of Arabs in the Middle East toward a second Obama Administration. BTS wraps up the show with a look at torture, murder and rape by US military contractors going unpunished." Continue reading

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The Bush Dynasty Continues

"Prescott was a Skull & Bones alumni, like his son H.W. and grandson W. The Bush's have been part of the CIA (H.W.), Governors (W. & Jeb), Vice-President (H.W.), and Presidents (H.W. & W.). In other words, when it comes to wielding political power, this family has got it! They've got the Medici touch. It also appears that yet another Bush is about to enter the political fray: George P. Bush, son of Jeb and nephew of W." Continue reading

Continue ReadingThe Bush Dynasty Continues

Gen. Mark S. Martins on Gitmo Military Commissions: “The Will of Our People!”

"It may not be surprising or any sort of revelation — it’s pretty well known that temporary measures taken by the state have a way of staying permanent, after all — but to hear a government official basically come right out and admit that they’re creating a shadow legal system is still amazing to me." Continue reading

Continue ReadingGen. Mark S. Martins on Gitmo Military Commissions: “The Will of Our People!”

2013 Federal Income Tax (Fiscal Cliff) Calculator

"This U.S. Federal Individual income tax calculator shows the estimated personal taxes owed by both individuals and married couples, whether employed or self-employed. The 2013 income tax calculations are what the law currently specifies will be owed by Americans in the year 2013, unless Congress (beleaguered by the debt ceiling, a Presidential election, and massive looming automatic budget cuts) has the time and wherewithal to change the law." Continue reading

Continue Reading2013 Federal Income Tax (Fiscal Cliff) Calculator