POLITICAL: Time to take on gooferment pensions?

Friday, October 17, 2008

Especially here in New Jersey, it appears to be time to take on the issue of “Government Pensions”. Pity the poor taxpayer, they may not have a pension, but the politicians and bureaucrat certainly have the best possible pensions at our collective expense.

First, the politicians and bureaucrats work the system to maximize the amount they steal. Pure and simple, it’s theft. We have trial going on of a NJ Political Powerbroker Legislator where he collected ‘no show’ jobs to pad his pension. Of course, the pension administrators say basically “nothing wrong with that!” What a fraud on the people.

Take note that gooferment pensions allow “retirement” after 20 or 30 years; as opposed to the 30-40 years one USED to find in private industry.

I have to laugh because: (1) Not only had NJ not made its proper contribution in many years. (Wonder why the Feds haven’t brought it before a Grand Jury? If a private business did this, the executives would be in jail. Guess the big gang in dc has a reciprocity agreement with the gang in Trenton?) (2) The Guv has decided to “raid” the pensions to “invest” in community banks. (This was humorous because whoever had the “fiduciary” duty to manage these funds was screwed. They should be worried only about protecting the pensioners; not making the Guv look good!)

There is no guaranty that these gooferment pensions won’t be “reformed” in the future.

The gooferment made the assertion that to compete for the talent in the marketplace they needed to offer pensions. Now that industry has left pensions for other programs, they don’t want to follow that trend.

We need to force the gooferment to convert pensions to 401k!

Period!!

# # # # #

Leave a Comment » | Political | Tagged: , | Permalink
Posted by reinkefj

POLITICAL: Corporations don’t pay taxes; people do. Zero the Corporate Tax Rate!

Sunday, September 28, 2008

http://www.doughroller.net/2008-presidential-elections/presidential-debate-fact-check-obama-mccain-economic-cla

First Presidential Debate Fact Check: Obama and McCain’s Economic Claims
Written by DR | Bookmarks: Reddit this, del.icio.us

*** begin quote ***

The first 2008 Presidential Debate saw both Senators Obama and McCain defend their economic proposals and attack the other’s plan. Facts, figures and statistics were flying back in forth during the exchange so fast it was difficult to keep up. So after the debate I watched the replay and read the transcript to pick out the economic claims made by both Presidential candidates. In this article, we’ll look at their claims to determine whether they are rock solid true (earning a score of 1), true but with a lot of spin (earning a score 2) or flat out, nose-growing false (earning a score of 3).

*** end quote ***

MY COMMENT ON THIS STORY

Excellent job on fact checking. Calm and reasoned. Apparently fair.

I have no “dog” in this fight. I’m a little L libertarian. Don’t care much for either candidate.

I would like to comment on “Corporate Income Tax”.

It’s a sham designed to deceive the folks as to what is the overall level of taxation that Americans pay.

CORPORATIONS DON’T PAY TAXES OR FEES. YOU DO!

As a “frugal” site, I read often, I think you’d hammer this home.

Corporations are very much like a zero sum game. If they have a cost, they pass it along to the person who buys their product or services. If it’s a widget with a pound of steel in it, your paying for that pound. Price of steel goes up, the corporation marks up the price of their product. Simple enough. If they didn’t they’d go broke.

When the gooferment imposes taxes on Corporations, that’s just another cost that the business pass along to you. EXCEPT now you can’t see it. You don’t know what portion of the cost of a loaf of bread is taxes and what portion is bread.

It gets worse, regulations and laws add costs. They come to you hidden in the cost of the products.

It gets even worse, when the gooferment taxes a product that corporations use to make or deliver other products (e.g., gasoline), that tax is a tax on taxes. And is passed along and even buried further. It has an exponential effect!

I’ve seen estimates that the real tax percentage in products is HUGE! 50 to 75%!! I don’t think anyone can tell. AND that’s excatly the politicians purpose.

Bottom line: Corporate taxes imho should be ZERO!

Let’s put the cost of gooferment squarely out in the open! These bozos are no fools. There’s a reason that Tax Day is a half a year away from election day. That reason is that they couldn’t get it any further away.

So, when either candidate talks about corporate taxes, regulation, and fees, I think they are, possibly unknowingly (But I don’t beleive that) DEFRAUDING us from know the true cost of how badly we are being ROBBED!

sigh, imho,
wake up sheeple,
fjohn

# # # # #

2 Comments | Political | Tagged: , , , , , | Permalink
Posted by reinkefj

POLITICS: Debate reaction. Who cares what big gooferment wants!

Saturday, September 27, 2008

I too listened to the debate. Who cares! Both are big gooferment interventionists. Neither understand that the ‘crisis’ is created by the gooferment — both sides have their hands int he mess up to their elbows. The D’s created Fannie and Freddie; they tax and spend. The R’s are not much better — they promised smaller and delivered bigger; they borrow and spend. Neither of them nderstand the problem starts with gooferment and ends there. The gooferment creates the problem and then rescues us from it. A plague on both their houses.

Only freedom and liberty can prevail in the long run. Force begets force. If I can’t convince you that something is a good idea, then maybe it isn’t. I have to be humble enough to accept that.

I won’t, can’t, force you to do what you don’t wnat to do. I’d like you to do the same for me. So take your government off my neck, please!

I don’t want to buy 80% of AIG. I’d like my tax money that was stolen back. I don’t want to pay for all the things you think are “good for me”. Let me keep my money and spend it on what I think is good for me. If I make mistakes, so be it. They are MY mistakes. Please don’t inflict YOUR mistakes on me.

Take a look at the little flash movie at http://www.isil.org/resources/introduction.swf becasue it says it better than I can.

# # # # #

Leave a Comment » | Political | Tagged: , | Permalink
Posted by reinkefj

Next Entries »