Tax Hikes and the Economic Collapse of 2011

Today's corporate profits reflect an income shift into 2010. These profits will tumble next year, preceded most likely by the stock market. - By ARTHUR LAFFER

People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.

It shouldn't surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives.

Likewise, who is gobsmacked when they are told that the two wealthiest Americans—Bill Gates and Warren Buffett—hold the bulk of their wealth in the nontaxed form of unrealized capital gains? The composition of wealth also responds to incentives. And it's also simple enough for most people to understand that if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter.

People can also change the timing of when they earn and receive their income in response to government policies. According to a 2004 U.S. Treasury report, "high income taxpayers accelerated the receipt of wages and year-end bonuses from 1993 to 1992—over $15 billion—in order to avoid the effects of the anticipated increase in the top rate from 31% to 39.6%. At the end of 1993, taxpayers shifted wages and bonuses yet again to avoid the increase in Medicare taxes that went into effect beginning 1994."


FULL STORY

 

Posted by Admin on Janury 10, 2010  

Goldman Sold 44% Of Its BP Stock 3 Wks Before Blowout

goldman Sachs Fraud - Gulf, oil Spill

Posted by Admin on June 2, 2010  

White House keeps 'boot' on BP's throat

The White House on Monday kept its "boot" on the throat of BP, despite the British energy giant's assurance that it is "absolutely" responsible for paying to cleanup the Gulf of Mexico oil spill. The Obama administration positioned itself as the "oversight" authority for the unfolding environmental disaster, stressing once again that BP, as operator of the sunken Deepwater Horizon rig, had a legal obligation to foot the bill. Influential senators also ratcheted up pressure on British Petroleum, introducing a bill that would raise the liability of oil firms after a disaster to 10 billion dollars.

Posted by Admin on Janury 10, 2010  

Jon Voight calls out Barack Obama

Posted by Admin on April 26, 2010  • 

T-Shirt - Patriotic wear and more

Show your patriotism when you wear this 100% cotton T-Shirt.

This shirt was inspired due to the current turmoil in our nation. The picture on the shirt is American military raising the American flag and it is supposed to represent the American spirit of freedom. Americans love freedom so much that they are ready to fight for it. USA RESIST - No retreat, no surrender and no quarter further accentuate that message about the American spirit of freedom. Adult Sizes: S-6XL



$17.50 - Free Shipping



 

Posted by Admin on Janury 10, 2010  

USA Resist - for freedom and liberty.

This website exists because of the events that are being perpetrated on the American people. We are living in the greatest country on the face of the earth, and something is wrong. This nation is changing and I am not so sure it is for the better. The country has elected our first Socialist President, and he has spent more money in the first 30 days then in the entire history of America. What I knew to be America is slowly fading away. Something must be done, and It is now up to the citizens of this nation to rise up and do what's right. We must show this new president and administration that the American Dream is alive and well, and we do not share the administrations vision of what America is supposed to be according to them. I encourage you to tell your friends and family about this website. I will be providing news, business items, educational tools, information on how to join this movement, maybe some entertainment as well in order to keep you informed and coming back to learn and know about the current state of our nation.

Posted by Admin on Janury 10, 2010  

William Cooper

Mystery Babylon Series - Bibliography

Posted by Admin on January 10, 2010  • 

The Politics of Good Men

Many people who are living in our society today are of the idea that the best thing that could happen is to have the government to take more control of our lives.  They accept the notion that it is OK to relinquish certain rights and liberties so as to allow the government dictate certain aspects in everyone’s lives.  This, by any means, is not conventional wisdom and flys in the face of what America was founded on and what the word freedom means to many of us.

Freedom is best ascribed for man in the following way, to be left alone, to pursue one’s own ends for one’s own motives.  It is said that it should up to the individual to determine what is best for him in his life.  I believe that many would agree that many of the rights we have as human beings are God given and they cannot be taken away by anyone, organization or governmental body.

If our society would take a closer look at society itself, take a moment to figure out what is going on in then people would be absolutely amazed at how deep the deception is. Yes there is a deception going on. This is occurring openly on an unknowing general public for political as well as state power.  I am quite sure that most see the way our government is behaving in an unfavorable light, and it’s nothing less than despicable.  We have government officials embroiled in: tax evasion, pay for play, lying, obfuscation, disregard for the constitution, enforcing their personal belief systems so as to be fair or fairer to one group over another.  This is no way for man or government to be and certainly is no way for men in power to behave. As it is, it should not be an acceptable practice that the most corrupt few tell everyone else how to live, what to do, and in the process usurp natural freedoms.

If man were true to righteousness then we would have fair and just systems in place. Those systems would never fail and the reason would be because man’s purity and obligation to do good. However, this is not the case, man is not pure, he is not capable of resisting every vice, and with some men, as it has been shown throughout history, have the vice of power.  When a man of power attains a feeling of entitlement, empowerment or omnipotence then we have a man who could be prone to do great evil upon his fellow man based on his personal beliefs.

Since man is imperfect it is fair to say that men can be evil, and no matter how well intentioned a man is he can stray away from righteousness when he attempts to impose his own personal beliefs on others.  It makes me wonder what will it take to make men in power come to the realization that their highest obligation is to always do good. This is very simple to understand and is considered one of the First Principles of the politics of good men.  It was stated long ago,

“Unlimited power is apt to corrupt the minds of those who possess it” - William Pitt It is now time for people around the world to realize the righteousness in themselves and demand that of their leaders. 

Posted by Admin on January 10, 2010  •