The free market is the best way to hold businesses accountable. Healthy competition will force companies to make wise decisions, limit high risk deals, and protect their customers. The Financial Reform Bill squashes the free market and will give the government even more power to control Wall Street and ultimately main street. (more…)
Archive for the ‘taxes’ Category
What Does Financial Reform Mean to Us?
Wednesday, June 30th, 2010Why Am I Mad?
Wednesday, April 7th, 2010I don’t belong to the Tea Party or Coffee Party. I can’t join any movements right now because I am not making ends meet. I have unending financial pressures that is generating enough blood pressure to boil water. You know what is making it worse? The politicians and media that say I’m critical of government control because I am racist and ignorant. Ring the bell, I’m ready to fight! (more…)
Who Will Pay the New Taxes?
Wednesday, March 31st, 2010Here’s the deal. The economy is sputtering, government spending and debt is out of control, and loads of new taxes are coming. Politicians get re-elected only if they can convince you that someone else is paying. Have you heard of the poop tax? (more…)
Can Republicans Do Anything But Whine?
Tuesday, March 23rd, 2010Memo to republicans – the healthcare bill passed and now all Americans have to pay for it. It does not matter if it works or not. It will go through changes, but it is reality. Like Social Security, Medicare, and Medicaid, it will be here long after we are gone. (more…)
Want More Excuses For Charlie Rangel?
Monday, March 1st, 2010Charlie Rangel, New York Congressman from Harlem, is the typical politician. He just got spanked by the House Ethics Committee for letting corporations pay his way to a Caribbean conference. After the announcement, Nancy Pelosi stood by him, excusing his actions saying he was ignorant of where the money came from. Charlie has additional problems but his friends are providing plenty of excuses. I want to add some, too. (more…)
Why is Small Business Not Hiring?
Sunday, January 24th, 2010I am in business for myself. My number one goal, besides making a profit, is not having employees. I wonder how many other small business owners feel the same way? It’s no surprise that the unemployment rate hangs above 10%. The government is smothering small business. Too bad Obama only hires Ivy League academics with big business buddies for advisers. (more…)
Do We Want a Welfare State?
Wednesday, December 2nd, 2009Medicaid is a program for people who can’t afford health insurance. Social Security is a program to provide retirement for seniors. Medicare is a program to give health insurance to seniors. Public schools is a program providing education for kids K-12. Smaller programs help the poor with housing and other basic needs. Now, congress is trying to make healthcare the next huge entitlement. As we slide deeper into a welfare state, is this a good thing? (more…)
What was Ted Kennedy’s Estate Tax Bill?
Sunday, October 25th, 2009Senator Edward Kennedy was a hero to progressives on the left. He fully supported the Estate Tax. Opponents call it the “death tax” since it’s levied on the family of a person after their death. The Estate Tax is huge. It is roughly half the value of an estate. Since Kennedy was such a voice for this tax and an 8 term Senator, we should know what his family paid, to the penny. (more…)
Will we ever ax this tax system?
Thursday, October 1st, 2009The current tax system has to go. It is unfair and too complicated. Every time there is a “tax reform” bill the whole things gets even more complex and cruel. Can you imagine what it would be like to get a monthly bill each from the federal, state, county, and city governments to pay for all services? Based on the 2010 federal budget every United States Citizen would get a bill for just under $1000 per month. This would not include the state and local government bills. (more…)