Tuesday, January 1, 2013

The Constitution

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Dress The Part

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Half Truths

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$1 Trillion Obamacare Tax Hike Hitting on Jan. 1

Americans for Tax Reform ^ | 12/28/2012

Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.

The five major Obamacare taxes taking effect on January 1 are as follows:

The Obamacare Medical Device Tax: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to artificial hips more expensive.
The Obamacare Flex Account Tax: The 30-35 million Americans who use a pre-tax Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2500. This will squeeze $13 billion of tax money from Americans over the next ten years. (Currently, the accounts are unlimited under federal law, though employers are allowed to set a cap.)

(Excerpt) Read more at atr.org ...



The Obama strategy of straddle, jump and ride like hell

Coach is Right ^ | 1/1/13 | Jerry Todd

Obama’s “strategy” is akin to a circus rider astride two horses – one with currency manipulator George Soros whom he has further enriched with the Gulf oil spill fiasco evicting rigs to Brazil offshore along with a billion of taxpayer dollars to drill in Soros-controlled leases.

(Note: only Republican people of wealth are the evil rich. 16 tons of gold Soros is just an international patriot the French would like to get their claws in.)

The other horse is obviously his love of Sharia Law. He told Putin the Constitution was dead in 2009 – and now he has...

(Excerpt) Read more at coachisright.com ...

Americans may soon be permitted to RENT guns but not own them!

Coach is Right ^ | 12/31/12 | Doug Book

The widely anticipated senate bill soon to be introduced by gun-banner extraordinaire Diane Feinstein will do far more than eliminate “assault weapons” (AW’s) and “high capacity” magazines.

According to a summary on the senator’s website, concealed carry license holder Feinstein–who proposed an outright ban on all handguns while packing her own for self-defense—will demand that owners of guns affected by her legislation: pay a $200 fee for EACH banned weapon owned; submit pictures, fingerprints and register AW’s with the ATF; have local law enforcement attest to the owner’s identity and specify the address at which each weapon will be kept.

But the NRA reports that the senator intends to go much further than bans or registration. For their assessment of an acquired draft of Feinstein’s bill reveals a provision demanding that guns defined as assault weapons be immediately turned over to the federal government upon...

(Excerpt) Read more at coachisright.com ...

Sarah...the HICK

Obama, Democrats Favor Worst of Bad Ideas!

Townhall.com ^ | December 31, 2012 | Bob Beauprez

As Barack Obama and the Democrats in Congress finalize plans for whom to increase tax rates on and by how much – all in the name of preventing the nation from going over the "fiscal cliff," of course – the following may being of interest to readers of this page, if not to the politicians.
Earlier this month, Scott Hodge, President of the Tax Foundation, published a ranking of fifteen ideas to create "new revenues as a component of any bipartisan deal to reduce the federal deficit." Hodge utilized findings of extensive studies by OECD economists (a 34 nation organization of which the U.S. is a member) that established a hierarchy of which taxes are most and least harmful for long-term economic growth.
For what it's worth, economic growth is something President Obama claims to be his objective, too. You might think that if the President just pulled some ideas out of the OECD grab bag, he would get lucky and pick at least one decent one. Instead, he has zeroed in on the most economically damaging of all possibilities.
With the OECD framework as a starting point, Hodge and the Tax Foundation evaluated and commented on potential outcomes from Obama's contributions to the fiscal cliff negotiations.
Rather that promoting growth as Obama claims, wrapped up in his fiscal cliff proposed idea package are three of the four MOST HARMFUL actions that could be taken among the entire list of fifteen possibilities evaluated by the OECD.
According to Hodge raising tax rates on high income individuals – the current Holy Grail for Obama – will result in lowering GDP by 0.44%. As a result, for every $1 of new revenue to the government, GDP would shrink by $2.77.
Increasing the capital gains and dividend tax rate as Obama has championed would hammer the GDP by 2.15% - essentially erasing the average growth rate for the last three years.
Increasing estate taxes (the death tax) as proposed by Obama will reduce GDP five times more than revenue gains according to the Tax Foundation. And yet, the Democrat Senate has already voted for even higher death tax rates than proposed by the President.
The worst-of-the-worst ideas would be to raise corporate tax rates. And while not part of the fiscal cliff negotiations, as Hodge points out, Obama has expressed a willingness to lower the business tax rate as part of overall tax reform, but only in exchange for "base broadening measures" that the Tax Foundation says would "more than erase the positive effects of cutting the corporate tax rate."
The complete Tax Foundation commentary is available by clicking here, including a list of ideas that actually might work.

A Liberal's List

Obama Lists Those to Blame for the Fiscal Cliff and He's Not One of Them!

IBD ^ | December 31, 2012 | Andrew Malcolm

Well, at this hour of the last day of 2012, 10 days into the new Mayan calendar, it's become quite clear that the United States is falling off the much-looming fiscal cliff. Or perhaps it won't. Or maybe if it does, the Washington clowns will do something to reverse the new taxes and severe budget cuts in the next few days. Or do part of something. Or maybe not.
Got it?
As five or six of you probably saw, President Obama made a rare appearance on a Sunday talk show yesterday to put his spin on the events or non-events. He sounded pretty pessimistic. Downright downbeat, in fact.
"I was modestly optimistic yesterday," Obama told David "Ammo Clip" Gregory of NBC's Meet the Press, "but we don't yet see an agreement. And now the pressure's on Congress to produce.....Obviously I think business and investors are going to feel more negative about the economy next year.....What's been holding us back is the dysfunction here in Washington.,,,,
"The other part of the fiscal cliff is Congress agreed that they would cut an additional $1.2 trillion in spending. They put a committee together to try to come up with those numbers. They didn't figure out how to do it. And so what we now have is a situation where these automatic spending cuts go into place."
What the president didn't have time to explain, apparently, is that he ran more than four years ago and spent about three-quarters of a billion dollars of other people's money on a campaign with the premise that he would unite the contentious capitol and move the nation forward into a new era beyond partisanship through hope and change.
(Excerpt) Read more at news.investors.com ...

President Obama is Responsible for Our Fiscal Mess

American Thinker ^ | 12/31/2012 | Neil Snyder

President Obama is responsible for our fiscal mess. I'm not exaggerating, and I'm not saying that simply because I think that Barack Obama is a terrible president, although I do think that he's an awful president. I'm saying that because the president has had ample opportunity over the past four years to arrive at a compromise solution to our immediate fiscal problem and then to make headway toward dealing with longer-term fiscal issues, but he has failed miserably.
If the president had taken some of the advice of his own National Commission on Fiscal Responsibility, we wouldn't be counting the minutes before we fall off the fiscal cliff, but he didn't heed their warning two years ago. Even worse, he has given us no indication that he ever intends to take our nation's spending problem seriously.
The word "compromise" must not appear in Obama's dictionary. That fact has been obvious since Day One of his presidency. His first major initiative, Obamacare, was figuratively shoved down the throats of members of Congress, even members of his own party.
It has been Obama's way or the highway since the beginning, and it's still his way. This time there will be a high price to pay.
Yesterday on "Meet the Press", the president told David Gregory that he cut spending by more than a trillion dollars in 2011. That's pure nonsense, but he got away with it because Gregory was too busy licking the president's shoes to do his job.
Anyone who believes that President Obama cut spending in 2011 needs to have his head examined, and spending continues to be the most serious fiscal problem that we face. That's what the Fiscal Responsibility Commission told the president. There is no way to solve our nation's fiscal problem without cutting spending, period.
(Excerpt) Read more at americanthinker.com ...

Obama's New Economic Normal: Seven Devastating Facts

Breitbart ^ | 1/1/13 | Wynton Hall

America is entering a new economic normal, a reality where almost everything that should be going up is going down, and everything that should be going down is going up.

The United States begins 2013 in uncharted economic waters; America has never been here before.
Consider, for example, these seven “firsts” for the U.S. economy:

1. All-time record annual average gas price: In 2012, the average cost of a gallon of gas eclipsed the previous record by nine cents, bringing the annual average to $3.60.
2. All-time record food stamp participation: As of last month, for the first time in American history, 47,710,324 individuals -- roughly one out of every seven people living in the United States -- now receive food stamps.
3. All-time high youth unemployment: In the last four years, average youth unemployment eclipsed the previous record rising to 17.5% -- the highest ever in recorded U.S. history.
4. All-time high number of Americans no longer in the labor force: Never before in U.S. history have so many been sidelined from the workforce. Today, a record 88,921,000 Americans are no longer a part of the U.S. labor force.
5. All-time record number of Americans collecting disability: Medical advancements and technological innovations have increased life expectancy and made workplaces safer. Still, the number of Americans collecting Social Security Disability Insurance (SSDI) has skyrocketed in the last four years. Today, a record 8,827,795 individuals collect a disability check averaging $1,130.34 a month.
6. All-time record number of Americans living in poverty: According to the U.S. Census Bureau, a record 46.2 million people in America are living in poverty, the highest number in the 53 years that the Census Bureau has collected the figure.
7. All-time record U.S. debt: The last four years have
(Excerpt) Read more at breitbart.com ...

ObamaCare, 2013, and the Start of the GOP Comeback

Commentary Magazine ^ | December 31, 2012 | Peter Wehner

Right now the political landscape is grim for Republicans–and in the short term, thanks to the so-called fiscal cliff, things may get grimmer still. But moments like these can pass, often quicker than we think. And next year may turn out to be one in which the pernicious effects of the Affordable Care Act–aka ObamaCare–really begin to kick in, from higher premiums to the loss of employer-based health insurance to the start of enrollment in insurance exchanges. It will become more and more clear to the public what a nightmarish law the Affordable Care Act actually is.
“The administration is well behind schedule,” my Ethics and Public Policy Center colleague James Capretta told Byron York of the Washington Examiner. “It’s going to be a train wreck in a lot of places.”
The Affordable Care Act is President Obama’s signature legislative achievement. Even before its worst effects have been felt it was, according to the presidential scholar George C. Edwards III, “perhaps the least popular major domestic policy passed in the last century.” If conservatives are correct about the inherent flaws of ObamaCare–and I believe they are–it could well become a political millstone around the neck of Democrats for much of the rest of this decade and beyond. This will have ramifications far beyond what happens regarding the fiscal cliff.
As the problems with the Affordable Care Act mount, Mr. Obama will do what comes most naturally to him: blame others...
(Excerpt) Read more at commentarymagazine.com ...

Chronicles of Bias XXV

Waterbury Republican-American ^ | January 1, 2013 | Editorial

Here are some of the Media Research Center's Notable Quotables for the worst reporting of 2012. 

DENYING THE OBVIOUS AWARD Host Stephen Dubner: "There is a kind of, I think, common analog, I hope I'm not overstating it by saying that it's common, that Fox News is to the right what The New York Times is to the left. I'm guessing you would see that as a false equivalency on a lot of levels ..."
Editorial page editor Andrew Rosenthal: "The word I want to use here ... begins with 'bull' and ends in 'it' and you can figure out what comes in between. I think it's absolute pernicious nonsense ... Fox News presents the news in a way that is deliberately skewed to promote political causes, and The New York Times simply does not."
— Exchange during The New York Times "Freakonomics" radio podcast, Feb. 16
"I'd been wondering how long it would take Republicans to realize that Paul Ryan is their guy. ... Who better to rain misery upon the heads of millions of Americans? He's Scrooge disguised as a Pickwick, an ideologue disguised as a wonk. Not since Ronald Reagan tried to cut the budget by categorizing ketchup and relish as vegetables has the GOP managed to find such an attractive vessel to mask harsh policies with a smiling face. ... Ryan should stop being so lovable. People who intend to hurt other people should wipe the smile off their faces."
— New York Times columnist Maureen Dowd, Aug. 15.
"First of all, give an honor to God and our lord and savior, Barack Obama!"
— Actor Jamie Foxx during the Soul Train Awards, BET, Nov. 25
"People see you putting on this event, they heard you at the convention make a barnstorming speech, an incredible speech. ... I was there. You electrified the place. And they all say, 'Why do we have this (expletive) 22nd Amendment? Why couldn't Bill Clinton just run again and be president for the next 30 years?" ... We're trying to change the rules in Britain, actually, because if you can't be president again here, we'd quite like you to be prime minister in our country. Are you available if it comes to it, if I get this through?"
— CNN's Piers Morgan to Bill Clinton, Piers Morgan Tonight, Sept. 25.
"They are happy to have a party with black people drowning."
— Yahoo! News Washington bureau chief David Chalian talking over a picture of Ann and Mitt Romney, as caught on an open microphone during ABCNews.com coverage of the Republican National Convention, Aug. 28.
"This guy's done everything right. He's raised his family right. He's fought his way all the way to the top of the Harvard Law Review, in a blind test becomes head of the Review, the top editor there. Everything he's done is clean as a whistle. He's never not only broken any law, he's never done anything wrong. He's the perfect father, the perfect husband, the perfect American. And all they do is trash the guy."
— MSNBC's Chris Matthews talking about President Obama, Hardball, July 17.
Host Piers Morgan: "How many times in your life, Mr. President, have you been properly in love?"
Iran's Mahmoud Ahmadinejad (via translator): "I'm in love with all of humanity. I love all human beings."
Morgan: "That might be the best answer I've ever heard to that question."
— Exchange on CNN's Piers Morgan Tonight, Sept. 24.
"The land on which (the Founders) formed this Union was stolen. The hands with which they built this nation were enslaved. The women who birthed the citizens of the nation are second class. ... This is the imperfect fabric of our nation, at times we've torn and stained it, and at other moments, we mend and repair it. But it's ours, all of it. The imperialism, the genocide, the slavery, also the liberation and the hope and the deeply American belief that our best days still lie ahead of us."
— MSNBC's Melissa Harris-Perry, "My footnote for the Fourth of July," July 1