statism

Obama Calls Income Gap ‘Wrong’ — After Widening It

"The Census Bureau's official measure of income inequality — called the Gini index — shows similar results. During the Bush years, the index was flat overall — finishing in 2008 exactly where it started in 2001. It's gone up each year since Obama has been president and now stands at all-time highs. It's worth underscoring that the growing income gap under Obama isn't the result of the rich getting fabulously richer. Nor is it any sort of indictment of 'trickle down' economics. Instead, it is the direct result of Obama's historically weak economic recovery, which has left the rest of the country falling behind while the wealthy have managed to make gains." Continue reading →

Continue ReadingObama Calls Income Gap ‘Wrong’ — After Widening It

With Three Weeks to Go, Nobody Knows What ObamaCare Will Cost.

"So far, 17 states have issued estimates. The exchanges are supposed to be ready for business on October 1. Coverage begins on January 1. Where are the missing 33 exchanges? The federal government must run them. The federal government is staying mute. With three weeks to go, there is no real understanding of what the costs will be for most premium payers. This is going to be an administrative disaster. It is a programming disaster. It is going to prove to millions of voters that the federal government does not know what it is doing. This will become evident on October 1, the day the new fiscal year begins." Continue reading →

Continue ReadingWith Three Weeks to Go, Nobody Knows What ObamaCare Will Cost.

IRS Rule Leads Restaurants to Rethink Automatic Tips

"An updated tax rule is causing restaurants to rethink the practice of adding automatic tips to the tabs of large parties. Starting in January, the Internal Revenue Service will begin classifying those automatic gratuities as service charges—which it treats as regular wages, subject to payroll tax withholding—instead of tips, which restaurants leave up to the employees to report as income. The change would mean more paperwork and added costs for the restaurants—and a potential financial hit for waiters and waitresses who live on their tips but don't always report them fully." Continue reading →

Continue ReadingIRS Rule Leads Restaurants to Rethink Automatic Tips

When It Comes To Healthcare, Paul Krugman Is Wrong 100% Of The Time

"In a recent New York Times column Krugman pronounced Obamacare a success before it has even been tried. Why? Because the premiums to be charged in California health insurance exchange are apparently lower than what the experts thought they would be. Aah… let’s see… Everybody thought health insurance premiums would be 100% higher. In fact, they are only 60% higher… Hooray… Break out the champagne! I’ll come back to these price comparisons in a minute. For the moment, I would ask: What kind of an economist would celebrate an expected price decline without asking what happened to quantity or quality? This is an Econ 101 mistake." Continue reading →

Continue ReadingWhen It Comes To Healthcare, Paul Krugman Is Wrong 100% Of The Time

Stolen Public School Textbooks Went Unnoticed for Five Years.

"A Long Beach book buyer has been accussed of stealing thousands of new and used textbooks from four school districts in a massive scheme that involved 12 other people, including two librarians, a campus supervisor and a former warehouse manager. During a two-year period beginning in May 2008, Frederick allegedly paid more than $200,000 in bribes — from $600 to $47,000 per person — for school employees to steal textbooks in literature and language arts, economics, physics, anatomy and physiology." Continue reading →

Continue ReadingStolen Public School Textbooks Went Unnoticed for Five Years.

Turning New York City into Detroit?

"Some large cities in California already have declared bankruptcy, for instance, and you can find the same pattern of overcompensated bureaucrats and escaping taxpayers. And the same thing may happen to New York City if the next Mayor is successful in pushing for more class-warfare tax policy. But there’s a big problem with de Blasio’s plan. Rich people are not fatted calves meekly awaiting slaughter. Gelinas warns that the city would have less money if just 20 percent of rich people escaped. She doesn’t think that will happen, but she does explain that rich people can stay but take some simple steps to reduce their taxable income." Continue reading →

Continue ReadingTurning New York City into Detroit?

These False Flags Were Used To Start A War

"Just in case one's history textbook had a few extra pages ripped out, this may be a good time to recall just how far one's government is willing to go to start a war under false pretenses. Below is a partial list of some of the documented 'false flag' events that were intended and/or served to start a war in recent and not so recent history." Continue reading →

Continue ReadingThese False Flags Were Used To Start A War

Woman informing Kerry, McCain on Syria is paid advocate for rebels

"On Wednesday, Secretary of State John Kerry encouraged members of the House of Representatives to read a Wall Street Journal op-ed by 26-year-old Elizabeth O’Bagy — an analyst with the Institute for the Study of War — who asserted that concerns about extremists dominating among the Syrian rebels are unfounded. But in addition to her work for the Institute for the Study of War, O’Bagy is also the political director for the Syrian Emergency Task Force (SETF), a group that advocates within the United States for Syria’s rebels — a fact that the Journal did not disclose in O’Bagy’s piece." Continue reading →

Continue ReadingWoman informing Kerry, McCain on Syria is paid advocate for rebels

Australia’s richest person Gina Rinehart would let prisoners ‘pay for freedom’

"Australia’s richest person Gina Rinehart has suggested that non-violent prisoners could pay their way out of jail and become tax-paying workers to boost the economy. In a column for the Australian Resources and Investment magazine, the mining heiress said the country needed more workers as the population ages, and getting criminals back into the workforce would bolster tax revenues. She said while some offenders might be able to pay to be allowed back into the community, others could agree to forgo their rights to vote or to a passport if they were unable to come up with the money." Continue reading →

Continue ReadingAustralia’s richest person Gina Rinehart would let prisoners ‘pay for freedom’

British Somalis dread ban of ‘herbal high’ khat

"When Britain bans the herbal stimulant khat, Mohamod Ahmed Mohamed will lose his livelihood. But he fears most for his small Somali community without the leaf that fuels its social life. 'I can switch to another business but what about the youth, where are they going to go — the street, the mosque, to hard drugs?' he says at his khat warehouse near London’s Heathrow airport. 'You are taking away their freedom. Why target us? You will never find somebody falling over on the street or fighting from khat like they do when they are drunk.' Mohamed supplies khat to many of Britain’s 100,000 Somalis, Ethiopians and Yemenis, for whom chewing the bushy shrub is as normal as going to the pub." Continue reading →

Continue ReadingBritish Somalis dread ban of ‘herbal high’ khat