Thursday, April 22, 2010

Pay no attention to that man behind the curtain....

THE WIZARD OF OZ
"Pay no attention to that man behind the curtain. Do not arouse the wrath of the great and powerful Oz. I said come back tomorrow."

“The Wizard of Oz” is educational when it comes to understanding the Obama reforms. In that quintessential American tale, a blowhard con man dupes an entire community into believing he has power by projecting a fake image of himself inside his Emerald City castle. Working from behind the curtain, he convinces the ignorant and frightened denizens that he is the “Great and Powerful Oz,” master of the world.

Sending Dorothy and her friends on a wild goose chase for a witch’s broom buys him time, but eventually he is exposed for being an impostor, a cheap traveling medicine salesman, a person who could not stand working a forty-hour week. (Hmmn....sounds familiar)

Today, the Emerald City consists of the federal government, unions like SAIC, insurance and pharmaceutical industries such as UnitedHealth Group, Aetna, and WellPoint who foster fear for the Great and Powerful Oz . The carriers have succeeded in redefining the terms of the health care bill that no matter what specifics emerge in the voluminous bill Congress the insurance industry will emerge more profitable. These traveling con artists have roused the rabble to believe that Glenda the Good witch of Washington is out to save them. The denial of big government programs, bloated medical care, and inept government controls over the people are akin to the smoke and mirrors the Wizard of Oz used to keep himself in power.

GLENDA THE GOOD WITCH
It would be nice if the Americans who fear the Federal Government takeover would take a peek behind the curtain and see who is creating the problems that drive the current national unrest: the current administration and its policies, advertising firms paid by liberal causes, insurance companies like AARP who are not real senior citizen advocate groups and instead are Democrat fund raisers, legislators (Democratic and Republican) who profit handsomely from pandering.

Glenda the Good Witch always says, "Click your heels together three times", and says, "There is no place like home." Problem is..........you're already home and this mess is your nightmare!

Saturday, April 17, 2010

Sound Economic Principles Lost on Obama

Milton Friedman wrote all my college Economic text books. I found him a true entrepreneurial spirit when it came to simplifying for me the subject of micro-economic principles. I have used them as my measure for evaluating various ideas over the years.

He died in November, 2006 at 94 years old. Below is a brief synopsis of what he championed in an obscure science, not at all understood by the liberal psyche because they never took business classes, only liberal arts and political science classes based upon feel-good solutions like sitting around the campfire singing, "Lord, kumbayah!" (Community Organizers did a lot of that)

Milton Friedman, Nobel Prize recipient, was the father of monetarism and the prophet of laissez-faire economics. It was his debunking of the economics of John Maynard Keynes which was a major factor in leading to the free market revolutions in Britain and the United States. He inspired Reagan and Thatcher. By his contribution to consumption theory, to the demand for money and to economics methodology, and to decision-making under uncertainty, he moved the economic consensus decisively to the right. For some commentators, it has not been fanciful to trace the collapse of Communism back to Friedman's teachings.

Below is a very brief 2 1/2 minute interview on the very liberal Phil Donahue Show in 1979. Ask yourself if he is speaking to us today, 31 years later? Hmmnn.................Is Obama listening too? LOL!


Tuesday, April 6, 2010

$1.1 Billion for more I.R.S. Agents - Obamacare & VAT Taxes

By 2016, the IRS will be required under the Obamacare legislation to monitor the health insurance status of individuals and businesses to determine if the insurance purchased as reported on tax returns meets the level of coverage required by the law.

In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of 'government approved' health care and submit detailed sales information to comply with new excise taxes, i.e, VAT, Value Added Tax - rate to be determined. In cases of noncompliance; fees, penalties and imprisonment are to be assessed.

The VAT on sales is currently 17.1% in England and 25% in Scandinavian countries. Boy, aren't we all real happy that Obama did not raise the income tax on people making under $200,000? And that Obamacare is free? And just wait for the new Cap & Trade Carbon Tax soon coming up too? LOL! LOL!

The IRS could not give any indication how the Democrats' new legislation would implement the "bounty hunter" program President Obama suggested would track down abusers and collect evaded taxes on all government health programs, including Medicare and Medicaid.

Collecting taxes under the Democrats' newly passed health-care plan will cost the federal government more than $1 billion a year in IRS salaries alone according to a Congressional estimate.

The legislation will require the IRS to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes imposed on Americans, according to a House Committee on Ways and Means Committee report prepared March 18 for ranking members Reps. Dave Camp, R-Mich., and Charles Boustany, R-La.

In March 2009, the federal government's average annual salary was $42,035 for tax examiners, $91,507 for internal revenue agents and $63,547 for tax specialists according to the Bureau of Labor Statistics "Occupational Outlook Handbook, 2010-11 Edition."

Averaging the three pay grade averages yields an estimated $65,696 per IRS worker hired, assuming an equal number of tax examiners, internal revenue agents and tax specialists.

The Internal Revenue Service will see its largest expansion since withholding taxes were enacted during World War II to enforce the glut of new tax mandates and penalties included in the Democrats' latest health care plan.