Truth About Taxes

Since so many of us have ADD, here’s a nice video from Reason.TV about who pays what in taxes.

 

Why People Hate CNN

This pretty much sums it up:

Perhaps she needs some sweet tea?

 

Obama Compares Bank Failure to Suicide Bombers

Via Jake Tapper at Political Punch blog:

The president said, “It [propping up dead banks] was the right thing to do, even though it’s infuriating, even though it makes you angry because you’re thinking, ‘I was responsible and these folks are irresponsible and somehow I’m paying for them.’ The same is true with AIG.  It was the right thing to do to step in.”

“Here’s the problem,” Mr. Obama said, “It’s almost like they’ve got — they’ve got a bomb strapped to them and they’ve got their hand on the trigger.  You don’t want them to blow up.  But you’ve got to kind of talk them, ease that finger off the trigger.”

So who is the Osama bin Laden of the banking industry? AIG CEO Liddy?

 

No Butterfly in Near Future for Obama

Obama’s Favorite Company, Caterpillar, Lays Off 2500 More (CAT)

http://www.businessinsider.com/obamas-favorite-company-caterpillar-lays-off-2500-more-2009-3

and here:

Caterpillar slashes jobs despite stimulus

http://washingtontimes.com/news/2009/mar/17/caterpillar-slashes-jobs-despite-presidents-hopes-/

 

10 Percent of Country on Food Stamps, Homeless Tweet?

According to CNN/Money:

A record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month with the United States in recession, government figures showed Thursday.

Is 10 percent of the American population on food stamps?  Only 8.1 percent are unemployed…

Then this from Top of the Ticket via Michelle Malkin and Five Feet of Fat:

Top of the Ticket says:

If this unidentified meal recipient is too poor to buy his own food, how does he afford a cellphone?

And if he is homeless, where do they send the cellphone bills?

And the answer is…

Safelink Wireless!

 

No Economic Problems Here!

No problems with jobs in DC at Sweetness and Light highlights:

The recruiting comes after the area added 5,000 federal jobs last year. Fuller, an expert on the local economy, says last year was the first time the area had seen an increase in federal jobs in more than 10 years. Many of those positions are in agencies that are dealing with the economic crisis, he says.

 

Private Jets, Daschle, Panetta, and 18% Student Loans, Video Added

What do they all have in common?

EVIL USE OF PRIVATE JETS BY DEMOCRATS!!!

Just in case you thought poor use of jet aircraft was exclusively a Republican/ rich/ banker/auto exec issue.

Michelle Malkin has latest story, although this has been touched on by the Weekly Standard and others during Panetta’s confirmation.

CBS story here.

According to the Weekly Standard, Educap seems to be like the payday lender for student loans:

Daschle’s trips to the Bahamas and the Middle East on the corporate jet of EduCap, a nonprofit organization that provides loans to students at interest rates as high as 18 percent, ought to be considered taxable income as well. (EduCap’s charitable status is itself under investigation by the IRS.)

Here’s the video:

 

Invest in the Best, not the Worst

Down is up, up is down…

From CNBC/ Kudlow: Obama Declares War on Investors, Entrepreneurs, Businesses, And More

He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.

From Michelle Malkin: AIG’s reward for failure: Another $30 billion in taxpayer-backing

The first $85 billion bailout under Bush didn’t work. The second $38 billion under Bush didn’t work. So, hey, how about tossing another $30 billion down the hole?

Exactly!!!!!

Why not invest in a successful company?  Ha!  Stupid logic.

Keep putting more gasoline on the fire, that will put it out.

Washington Wire at WSJ Blog :White House Touts Factory Reopening

In a statement released by the White House, the administration touted the decision last week by a California-based maker of energy-efficient windows to buy and reopen a shuttered window manufacturing company in Chicago. The White House credited the move to new funding in the stimulus bill for weatherization programs.

The government is creating markets for overpriced products that nobody wants (no demand).  It’s almost as sick as the other bailouts.

Want to stimulate the economy?  Create windows nobody wants!

Why not just break windows instead?

And Newt at CPAC- Cap and Trade = energy tax.  You can use the $13 a week to pay for your increased energy costs!

 

Obama is Selling a Defective Product

Great article from Mona Charen of NRO at Real Clear Politics:

Obama’s Strange Habit of Denying What He’s Doing

Two wonderful paragraphs:

With the public suitably frightened and biddable, Obama now strides to the podium and begins prescribing particular government policies. (Have you noticed his troubling habit of denying what he is doing? For example, in his speech to Congress he said he asked for the stimulus bill “not because I believe in bigger government — I don’t.” And in recommending a bailout of mortgage holders, he denied that any relief would go to “speculators” or those who “bought more house than they could afford” but that is exactly what the package will do.)

And this:

Obama, like other liberals, wants to dispense with experimentation and debate (which he dismisses as the “the same old gridlock and partisan posturing”) and sluice an enormous liberal/socialist wish list, to include single-payer health care, universal college education, and so-called green energy into law.

Obama’s revisionist economic history is dishonest.  Combine this with his “trust me” attitude of anecdotal non-analysis  and the Democratic majority will ruin this great country.

 

Obama’s Non-State of the Union Address

WSJ has the transcript here.

Michelle Malkin here.

Hot Air has commentary and an open thread.

Flopping Aces has Obingo!

Jim Treacher has a different take on the speech.

Bobby Jindal response here.

If you didn’t watch or hear the speech, here’s a summary:

College Education- Right

Home Ownership – Right

Healthcare – Right

Well-paying  Job- Right

Actually Working – Optional

More summary/satire/sweet release:

- Wall Street executives are evil

- Small business people are not evil

- Private jets are bad, except for, um, ehem, the President

- I have followed through on my tax cut to everyone.  Please enjoy your monthly government-provided car wash, dinner at Olive Garden, or Vonage phone plan.

- Government’s role is to save you.  Things don’t take care of themselves (free market).  Even though the market is the people, you don’t know what you are doing.

- We will cut the huge deficits in half right after we pass the largest spending package in the history of humankind.

- The government will give you “free” healthcare.  We will cure cancer.  Healthcare reform will happen now.   This is your right.

- College education is now a right.

- National or community service (working for a liberal front group) will be generously rewarded with college tuition discounts.

- Recovery plan is free of earmarks.  I guess a lie becomes true if you keep repeating it.  Who said that- Vladimir Lenin.

- You will receive a tax cut if you don’t make a lot of money.  Have your cake and eat it too!