Spending Our Way Out of Bankruptcy?

VP Joe Biden may be telling us that we have to spend more to keep from going bankrupt, but there is another way out of this financial recession…one that actually makes sense.

The answer is the FairTax.

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 296) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.

The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

The FairTax:

– Enables workers to keep their entire paychecks
– Enables retirees to keep their entire pensions
– Refunds in advance the tax on purchases of basic necessities
– Allows American products to compete fairly
– Brings transparency and accountability to tax policy
– Ensures Social Security and Medicare funding
– Closes all loopholes and brings fairness to taxation
– Abolishes the IRS

Published in: on July 17, 2009 at 8:53 pm  Leave a Comment  

Patients First: Americans for Prosperity

President Obama is using every tool at his disposal – TV, online video, Twitter, Facebook – to get the word out about his vision for health care. The Left is responding with throngs of supportive e-mails. You must answer them now! Help spread the message online through your social networks! Share the “Hands Off My Healthcare” petition on Facebook.

Patients First is running TV ads targeting key senators. Check out one of the ads here. We must unite to prevent Washington from taking control of our health care! Take action by contacting your members of Congress directly through the Patients First website and tell them you oppose government-run health care.

Published in: on July 11, 2009 at 9:39 pm  Leave a Comment  

Energy Bill Riddled with Problems

The fact that a 300-page amendment to the cap-and-trade energy bill was added at 3am on the morning of the vote, shows that 1) there’s a lot of information to go through when regulating CO2 and energy  2) some politicians want quick, impulsive votes and 3) they will use sneaky tactics to get their legislation passed.  I would like to ask how many of the 435 Representatives read all 300 pages of the amendment, much less the original bill itself.  Admittedly, I have not read the entire bill either, only excerpts as well as analysis from political commentators and news agencies.  But it is not the content itself that I’m concerned with, it is what the content is based on that matters most.

What troubles me is that a scientific/economic report by EPA analyst Alan Carlin urging for more research was ignored by the EPA.  You see, the Intergovernmental Panel on Climate Change (IPCC) issued it’s findings in the Fourth Assessment Report (AR4) back in 2005, and it is this document upon which the energy bill and the EPA’s support was based.  Carlin’s report debated many of the findings of the AR4.  However, he was silenced and asked not to speak of his findings.  (Click here.)

Also, the AR4 was released in 2005.  According to an internet search of articles related to ‘general circulation model’ (which is what computer models that project global warming are called), almost half a million documents have been released since the IPCC report.  Thats half a million pieces of information related to climate change that the IPCC was not privy to when it came out with the AR4.  So that means the billed that passed the House is going off of climate data from 4 years ago.  Technologies and science rapidly advance as we learn better and more accurate ways to accumulate and process data.   Shouldn’t such a large overhauling of our environmental policies and regulations receive as much information as is available?  According to the IPCC website, the AR5 is currently in the outlining stage and will not be released till 2014.  So if Congress just can’t wait 5 more years, then at least use data from the past 5 years to construct a more timely and informative piece of legislation.

Did the Congress rush to judgment on a issue which is hotly debated and still up for interpretation?  Yes.  Did they do so for the country’s benefit or their own?  Only time will tell.

 

Thank you to Thomas Fuller and Examiner.com for covering this developing story in much more detail.

Published in: on June 27, 2009 at 1:54 pm  Leave a Comment  

All This Energy in the Wrong Direction

With an almost 80-seat majority, Democrats barely passed the President’s cap-and-trade energy bill: 219-212.

I think it’s telling of our political system when a representative receives numerous phone calls from constituents, “And it’s disproportionately vote ‘no.'” Yet he votes ‘yes’ anyway, because he believes it was special interest groups who generated the “negative feedback.” (See the story on CNN.com)

Number one, when do politicians bemoan hearing from and often giving into special interests? Number two, couldn’t all those calls be from people who just happen to care what happens in Washington and don’t want a bad bill to pass the House?

Some would like to do more. Some would like to do less,” House Majority Leader Steny Hoyer, D-Md., said in advance of the final vote. “But we have reached a compromise … and it is a compromise that can pass this House, pass that Senate, be signed by the president and become law and make progress.”
That seemed unlikely, judging from Reid’s cautiously worded statement. “The bill is not perfect,” it said, but rather “a good product” for the Senate to begin working on.

“Some would like to do more. Some would like to do less,” says House Majority Leader Steny Hoyer, D-Md.  “But we have reached a compromise … and it is a compromise that can pass this House, pass that Senate, be signed by the president and become law and make progress.”

Well, now it’s up to the Senate to reconstruct this cap-and-trade fiasco into something that will be good for this country. Even Harry Reid has some reservations, “The bill is not perfect,” but rather “a good product” for the Senate to begin working on.  Maybe they will actually listen to their constituents and choose to represent those who sent them to Washington…

Who knows? It could happen…

Published in: on June 26, 2009 at 11:47 am  Comments (1)  
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Poll: We Want More Government

The latest New York Times/CBS poll shows that a growing percentage of responders to surveys want more governmental interference, I mean control, over our health care system.  You see only 895 people answered this survey, so could they really speak for the 280 million in this country?  I guess they can.  According to the poll, 85% say there should fundamental changes to the health care system and 72% would like to see the federal government administer such a change.

Let me remind you what they already do with our tax dollars: of the thousands of agencies in the federal government, just Medicare/Medicaid and Social Security make up about $1 trillion of the budget.  That’s about a third of Obama’s budget, and analysts keep telling us that these programs are in the red and cannot maintain there current path.

So how is the President and his team going to offer coverage to the whole country without bankrupting us all?  I don’t know and neither does the President.  I find it disingenuous for him to say that government health insurance can reduce costs and increase efficiency while not cutting any services, accepting any pre-existing conditions, and covering the 47 million uninsured.  

(You can read Obama’s own words here.  The Republicans have an alternative plan, but don’t know how they are going to pay for it either.)

Getting back to the NYT/CBS poll, the respondents may want more government in their health care, but they also want government in their wallet, with 57% saying they are willing to pay higher taxes.  I think this signals a dramatic shift in the spirit and ethic of this American society.  The “old-fashion” idea of working hard and paying for what you get, combined with a freedom to live your own life in both success and failure, is gone or least fading rapidly from the American landscape.  What has replaced it is the notion of entitlement and fairness.  “I want what I want when I want it and no one should have more than me!”  

Wasn’t it my coach who said “life isn’t fair”?  It’s a game of winners and losers.  And the only way to eliminate the possibility of losing is to also give no chance of winning.  Can you imagine the uproar if the NFL decided that all future Super Bowls will have no score?  It’s enough to just watch the game and enjoy how two teams move the ball without the hinderance of an unfair goal line.  How boring and how ridiculous!

It’s time to wake up and follow what’s going on, whether the issue is TARP funding, auto bailouts, or health coverage.  Because the most telling statistic from the NYT/CBS poll had to do with those who are informed about the issues.  Kevin Sack and Marjorie Connelly of The New York Times state, “It is not clear how fully the public understands the complexities of the government plan proposal, and the poll results indicate that those who said they were following the debate were somewhat less supportive.”

Read.  Learn.  Know.  That way no matter what direction this country goes, you know the truth of how we got there.

Published in: on June 23, 2009 at 1:52 am  Leave a Comment  
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