POLITICAL: Tax Change — Social Security taxation

The 5 Best Tax Changes We Won’t See
Bischoff: How Congress could make the tax code simpler and fairer with a handful of easy tweaks.

*** begin quote ***

Stop Double-Taxing Social Security Benefits

Did you know that you pay federal income tax on the Social Security tax that is taken out of your paychecks? Well, you do. Even worse: When you start receiving Social Security benefits, up to 85% of that money can be taxed again. This is double taxation folks. Retirees who are at very low income levels don’t have to pay this double tax, but those who are further up the retirement-age income scale get socked with it on anywhere from 50% to 85% of their benefits. Is it unfair? Of course! But your Congress likes this revenue stream and isn’t going to fix the problem until millions of seniors start demanding it.

*** end quote ***

Social Security was estimate as a negative 5% return. Haven’t seen an analysis like that lately.

# – # – # – # – #    

POLITICAL: Obamacare is “constitutional”


*** begin quote ***

The chief justice was hell-bent to find a way to make this law applicable, so he just decided, you know what, as a tax increase, it works, because there’s no limit on the federal government’s ability to tax. And it’s right there in the preamble of the Constitution, right there, Article 1, Section 8, the general welfare clause, it’s been established Congress can tax whatever, whoever, whenever, how much they want. Even when they don’t ask for it, the Supreme Court is gonna find a way to make what they want to do legal because John Roberts said it’s not our job here to forbid this. It’s not our job to protect people from outcomes. It’s not our job to determine whether it is right or wrong or any of that. We just get to look at it. We can’t forbid this. This is what the elected representatives of the people want.

No, the elected representatives of the people were deceived. Remember yesterday I asked you, if this decision went this way, what was your initial reaction going to be. And how many of you were deflated as you can be because of the way this was reported? The first thing that came down, the mandate, unconstitutional, that was the first thing everybody reported. Mandate unconstitutional, big sigh of relief. And then within moments, wait a minute, wait a minute, we’re reading further. Hold it just a second. The mandate’s unconstitutional, but the court has decided it’s a tax, and therefore it’s okay.

*** end quote ***

The Socialists and Communists have won.

The battle, that began with Wilson and the Income Tax, the Federal Reserve, and World War 1 form the “peace candidate, has culminated in the official End of the American Experiment.

The Republic actually ended with Abraham Lincoln.

The demise of the American Education System, captured by the Social Progressives, enabled by the Women’s Vote, has score another victory for the effort to end American exceptionalism.

For decades, from when I heard it from Harry Browne in the 1970’s, the Gooferment courts can be counted on to find the Gooferment’s abuses “Constitutional”! The Little L Libertarains have long argues that expecting justice from the Gooferment’s “courts” is like expecting mercy from the Sheriff of Nottingham by appealing to King John.

I can’t say that I am surprised.

And, all the bluster that this will energize the Right is just smoke.

“We, The Sheeple” have in Amerika in essence a One Party System that the Communists in the USSR are envious of.

We have to begin, or in the case of us Little L Libertarians, continue the battle for the heart and minds of the Great American Spirit in the young and the class rooms around the country.

The journey of a million miles begins in the classrooms with the minds full of mush. The Communists have robbed these children of their birthright. That is the right to succeed or fail on the sweat of their own efforts.

The drone have taken over the hive. Where will we find freedom and liberty?


GOLDBUG: 500% implications = 25 * Carter’s 21%


As Some Predict a 500 Percent Surge in Gold, Beware the Rise in Scams
Posted on June 22, 2012 at 10:00pm by Becket Adams Becket Adams

*** begin quote ***

The European bank and financial services company Societe Generale predicts that gold could surge as much as 500 percent in the near future. Of course, with an increase in value comes an increase in fraud

*** end quote ***

This implies 10$ per gallon gas.

A five fold increase in commodities.

A 500% inflation will make Carter’s inflation look like child’s play.


Save your nickels!

# – # – # – # – #   

RANT: Sandusky is a product of the Gooferment

News Alert
from The Wall Street Journal

Former Penn State assistant football coach Jerry Sandusky was found guilty on 45 of 48 counts related to sexual assault. The jurors found him not guilty on three counts. He was immediately led away from the courthouse in handcuffs.

Jurors announced the verdict Friday after weighing 48 charges accusing him of abusing 10 boys over a 15-year period.


# – # – # – # – #   

Wish I could “cheer” the verdict.

I see this as indictment of the Gooferment, our civil society, and “civilization”.

In my worldview, the ONLY reason for “government” is for its supposed protection of “We, The People”.

It has CLEARLY failed. It’s failed the victims. It’s failed the communities. AND, probably more importantly it’s fail the taxpayers.

Imagine “government protection” is a service that your buying with your tax dollars — both overt and those hidden taxes I love so much like inflation and debt. Are you happy with your service in the “Sandusky” matter?

Immoral, ineffective, and certainly hugely inefficient.

Bear in mind that Penn State is a Gooferment “subset”. And, assumed voluntarily by Pennsylvania laws about teachers a higher standard of care for those under its dominion. (Note the root of that word “dominate”. Implies force.)

So it didn’t protect little kids; that’s immoral. Didn’t protect the community from a two legged varmint, And, spent a HUGE amount of resources NOT doing its job.

And, why wasn’t this plea bargained out? Not that I want him to get a wrist slap, but why did we have to pay for a circus?

I smell a politician wanting publicity.

TV camera and newsprint.

As a taxpayer, I’d gig EVERYONE in the prosecution chain of command for this waste of taxpayer money. All involved should have made a deal: he goes away until he’s 100, we convict on ONE fellony charge, and he rats out everything he did, who knew, when did they know, how he got away with it, etc. etc. etc. 

We have to have some lessons learned!

 # – # – # – # – #   

POLITICAL: The Gooferment runs the roads as well as it does the Post Office


Long-Awaited Route 27 Intersection Upgrade Gets Green Light from DOT
Davy James | Jun 22, 2012

*** begin quote ***

Route 27 and Beekman Road intersection to be widened, along with installation of a right-hand turn lane and a new traffic signal.

*** end quote ***

How about a series of synchronous lights from Henderson Road to Beekman Road say every 200 feet. When North South is red, they are all red. This would give the (imho very dangerous) “cross traffic” a chance to enter the roadway safely. The pedestrians might not have to play “you bet your life” to cross.

And if some one was really an “engineer” there would left turn arrows in advance of the green northbound and trailing the green south bound.

And, let’s get really wild and crazy, and expect all the Gooferment traffic planners to turn the durations longer during the midnight to 6am period and shorter during the other hours.

Then let’s do some tuning for special conditions accident on RT1 and everyone diverts to 27.

Yeah, I know, I’ve lost my head. Remember the Titanic was designed by experts and Noah was an amateur.

# – # – # – # – #

POLITICAL: More medicare fraud


Medicare-claims fraud suspected for penis pumps
By Stephen Dinan
The Washington Times
Tuesday, June 19, 2012

*** begin quote ***

A new report by federal auditors says a Kansas-based company may have paid out as much as $4.2 million in potentially fraudulent Medicare claims for penis pumps, and the auditors are asking the company to refund the government the money.

The Health and Human Services inspector general said it sampled 100 claims made with Pos-T-Vac, the Dodge City-based penis-pump manufacturer, and found improprieties in more than half of payments for what are known as “male vacuum erection systems.”

*** end quote ***

Why should anyone be surprised?

The topic is funny.

I renew my claim that a 1% deductible paid by the insured would solve this problem completely.

Ever seen a bunch of old folks split a check?

# – # – # – # – #