“To be a millionaire in this country, it is the greatest country the world has known. It is a privilege. And I think most people get that. You work hard, you get ahead, make a living and you contribute back to this country and make it a better country,” Rep. Joseph Crowley (D-NY) said on CNN today.
Archive for July, 2012
Texas’ drift toward the Tea Party brand of GOP conservatism continued Tuesday when lawyer Ted Cruz scored a surprisingly easy win over David Dewhurst in the Republican primary runoff for the U.S. Senate seat being vacated by Kay Bailey Hutchison.
Cruz once was considered a long shot to take down well-heeled Lt. Gov. David Dewhurst – the favorite of the party establishment and Hutchison’s heir apparent.
Contrary to the misleading CBC headline below these dupes have been raped by their municipal government. In typical con artist style the municipality started the discussion with an astronomical 37% proposal that was designed to scare the bejesus out of everybody. Then the taxpayers think they got off easy with a 20% increase. It worked for gas prices, why not taxes?
A proposed property tax hike of 37 per cent was rolled back to 20 per cent in the Rural Municipality of Corman Park on Monday.
Taxpayers in the municipality, which encircles Saskatoon, expressed shock earlier this month over a planned tax increase of 37 per cent following on the heels of a 17 per cent hike last year. One resident, Garry Derenoski, told CBC News that the most recent increase would have added another $1,300 to his tax bill.
Posted in Stupidity on July 30, 2012 |
The Obama administration thinks the housing collapse was so great they would like to do it again…
Do you remember that thing about how the banks wouldn’t lend to blacks and Hispanics because they were racists? And do you remember how they passed the Community Reinvestment Act so that banks were forced to reduce down payments practically to zero and lend to a lot of people they knew were bad credit risks? And do you remember how Wall Street bundled all these risky subprime mortgages and sold them to investors around the world so that when it became clear that those people weren’t going to be able to pay their mortgages banks everywhere were left holding the bag and all five of the Wall Street investment houses either went under or had to be bailed out by the federal government?
And do you remember how, when it was all over, liberals said it was actually the banks’ fault for “deceiving” all those people into thinking they could afford to buy homes and that the banks should be punished for it and some of those people be allowed to keep their homes anyway? And do you remember how all this cost the government close to a trillion dollars and put the whole economy in a hole that we really haven’t begun to dig ourselves out of yet?
Well, get ready because the whole thing is about to happen again.
MR. CARNEY: It’s a matter of choices. I mean, that’s what I think the President makes clear. We can’t afford this tax cut for the wealthiest Americans. It is a giveaway that we cannot afford. Middle-class Americans need that tax cut. Our economy needs it for 98 percent of the country.
In the Newspeak of the White House extending a tax rate that has been in place for 10 years is a “tax cut” and this “tax cut” is a “giveaway” when applied to earners making over 200k and families earning more than 250k.
Conn Carroll @ Beltway Confidential: – Bottom line though, Obama used the word “giveaway” in his tax hike press release for the same reason he told supporters in Roanoke, Virginia that, “If you’ve got a business — you didn’t build that. Somebody else made that happen.” It’s what he believes.
If you believe that the federal government is largely responsible for the success of every business, then why shouldn’t it be entitled to take more of what you earn? If the federal government is entitled to what you earn, then of course, letting you keep more of it is a giveaway. How generous of them.
Really we should all just be thanking Obama for letting us keep what property the government doesn’t need right now. Until, of course, it does need that property to build a super-train to nowhere or something…
Those wondering why the Department of Justice has refused to go after Jon Corzine for the vaporization of $1.6 billion in MF Global client funds need look no further than the documents uncovered by the Government Accountability Institute that reveal that the now-defunct MF Global was a client of Attorney General Eric Holder and Assistant Attorney General Lanny Breuer’s former law firm, Covington & Burling.