Welfare-Warfare State

U.S. Postal Service to cut Saturday delivery

"The U.S. Postal Service is set to announce that it will discontinue Saturday mail delivery in a cost-saving measure that is expected to save the agency up to $2 billion per year. According to the Associated Press, package delivery will continue six days a week, but regular mail will be limited to Monday to Friday delivery. The changes are slated to take place in August. Under the new plan, Saturday delivery to post office boxes will continue and post offices that are currently open on Saturdays will remain open." Continue reading →

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Furloughed FAA employee goes on Miami shooting rampage

"A depressed Florida man shot his wife and two children before killing himself after closing his hot air balloon business and facing losing his job as a Federal Aviation Administration (FAA) inspector because of automatic budget cuts known as 'sequestration.' A source told CBS News that 45-year-old Carlos Zuniga was depressed in the weeks before he shot his wife 43-year-old wife, Michelle, his 14-year-old daughter, Lauren, and his 11-year-old son, Stefan. Carlos Zuniga then killed himself. Stefan Zuniga died at Jackson Memorial Hospital’s Ryder Trauma Center on Thursday morning. Both the wife and the daughter were in critical condition." Continue reading →

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WARNING: You are about to be Exposed to “Washington Monument Syndrome”

"Airlines and airports across the country are preparing for across-the-board federal budget cuts due to hit next week as if they were a hurricane, although with even less certainty about how many flights they will have to cancel and how many passengers will be stranded. The federal government is warning about delays that could begin in March, as the first cuts take effect, and reduced takeoffs and slower security lines that could worsen in April with furloughs." Continue reading →

Continue ReadingWARNING: You are about to be Exposed to “Washington Monument Syndrome”

Allegheny Airlines Has the Last Laugh. “Thanks, Uncle Sam!”

"Older Americans recall the jokes made at the expense of Allegheny Airlines in the 1960s and 1970s. Then it became U.S. Airways in 1979. It went bankrupt in 2002. It was able to stiff its 6,000 pilots by canceling its pension obligations in 2003. American taxpayers became responsible through ERISA. It filed bankruptcy again in 2005. This week, it may absorb American Airlines, which is in bankruptcy. The government will probably allow the merger. What does this teach us? This: if you can get out of your corporate pension liabilities through bankruptcy, you can live long and prosper. This strategy will work for municipal governments, too." Continue reading →

Continue ReadingAllegheny Airlines Has the Last Laugh. “Thanks, Uncle Sam!”

PBS Runs an Article on Government Default

"Should the U.S. government default? Wrong question. The right question: Can the U.S. government avoid defaulting? The answer is clear: no. It will default. It is $222 trillion in the hole. That’s the present value of its future obligations. Of course it’s going to default. Would that be bad? Not for taxpayers. Would it be bad for the Powers That Be who run this country? Yes. Devastating. It’s coming. The mainstream media have ignored this statistically inevitable problem. The problem threatens the Establishment as no other. So, the media pretend it does not exist. But the blackout may at long last be cracking. We read this on PBS." Continue reading →

Continue ReadingPBS Runs an Article on Government Default

U.S. tire magnate blasts France’s ‘so-called workers’

"An incredulous -- and insulting -- letter from an American capitalist to a Socialist government minister in France has revealed a monumental clash of cultures. Tire magnate Maurice 'Morry' Taylor Jr., head of Titan International, did not hold back when he decided to tell Arnaud Montebourg, France's minister for industrial renewal, where he could stick his suggestion that the U.S. businessman take over an ailing French factory." Continue reading →

Continue ReadingU.S. tire magnate blasts France’s ‘so-called workers’

Foreign asset reporting before FBAR and FATCA: “loyalty questionnaires” for World War II Japanese American internees

"Most of us are familiar only with modern-day attempts to get Americans to report non-US accounts and investments: the controlled foreign corporation laws of the 1960s, followed by the Bank Secrecy Act of 1970, and today’s FATCA. But three decades before TD F 90-22.1 and seven decades before Form 8938, there was WRA 126, 'Application for Leave Clearance', which had to be filed by any Japanese American seeking to leave a War Relocation Authority internment camp." Continue reading →

Continue ReadingForeign asset reporting before FBAR and FATCA: “loyalty questionnaires” for World War II Japanese American internees

Terrifying Video Demonstrates Bug-Sized Lethal Drones Being Developed By U.S. Air Force

"Yes, in a world with micro-drones, casualties of American drone strikes will likely decrease, given that we’d be directly killing targets rather than obliterating them and everything around them with a missile from the sky. But the possibility for such precisely targeted surveillance and assassination, at the hands of a virtually-untraceable little 'bug,' gives our government one more tool to easily evade supervision and accountability." Continue reading →

Continue ReadingTerrifying Video Demonstrates Bug-Sized Lethal Drones Being Developed By U.S. Air Force

Thirty-five Percent of Major U.S. Regulations Were Issued Without Public Notice

"Federal law generally requires that regulations, both major and minor, be opened for public comment, allowing interested parties to read the rules and remark on them, potentially enacting changes to the proposed rules. The GAO report notes that the majority of the regulations published without a notice-and-comment period were done so because the government claimed to have 'good cause' to do so. The federal government invokes 'good cause' when it believes a comment period or comments are contrary to the public interest or if public notice may be deemed unnecessary or impractical." Continue reading →

Continue ReadingThirty-five Percent of Major U.S. Regulations Were Issued Without Public Notice

New UK wealth tax plan to target ALL assets – including jewelry and buy-to-let homes

"Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans drawn up by the Liberal Democrats. Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures. Householders would be forced to pay a new ‘wealth’ levy on the assets – with the threat of fines for those who refused to let snoops value their possessions. A policy document seen by The Mail on Sunday spells out how the taxman ‘may have to visit homes to test values of jewellery, paintings, etc’." Continue reading →

Continue ReadingNew UK wealth tax plan to target ALL assets – including jewelry and buy-to-let homes