We'll show those evil CEO's we'll cap their income!!! What a moronic move!

I'd like someone to define "fair share". How does that get decided? Who decides it? Should we not pay what the market will bear?

Go to the IRS's website and run the reports for yourself. The top 25% of wage earners pay 91% of the revenue that comes into the treasury.

Taxable income is as follows for 2008 (filing status of a single individual):
> 8,025 Tax Bracket 10%
8,025 --32,550 = 15%
32,550--78,850 = 25%
78,850--164,550 = 28%
164,550 --357,700=33%
< 357,700=35%

So let’s take the argument to the next level. Let’s say we cap every CEO’s income to 500K.

A CEO capped at 500K at 35% would only pay $175,000 to the US Treasury.

A CEO making 5 Million at 35% pays $1,750,000 to the US Treasury.

What do you think would happen to our budget if we capped every CEO to 500K? Oh boy that would really stick it to the rich guy and our government. Our government would then only have two alternatives.

1. Raise Taxes
2. Cut Spending and Programs

Envy is the tool of politicians. It sure sounds nice but when you do the math these noble ideas simply doesn’t add up.

Power Play For Socialism (Duex)

As predicted last week, here we go. If you are beholden to government for benefits, government will attach chains. (Not strings, chains).

We are already seeing the Obama administration moving swiftly in that direction.

• First we unleash environmental standards that further financially strain the automotive industry.
• Now we are setting executive pay to 500K.
  

Really?!! Oh I know it sounds wonderful.. stick it to the rich guy!!! Sure sounds noble but it's a crock. Did the tax cheat Geitner and Obama consider that these executives may have liabilities that a 500K salary may not cover?

These executives are not unlike most Americans. The more you make the more you spend.

My family has been blessed. We have worked hard and make decent money but the one thing I have learned as our income has grown is we have many, many friends that live paycheck to paycheck and it does not matter if they are making 25K a year or 250K a year.

Certainly this does not excuse the individual's obligation to personal responsibility, however, the implications of this retarded policy will most likely cause these executives to resign and seek jobs elsewhere that compensate them to meet their current financial obligations.

Of course this is a classic Socialist power play. We will see a less qualified bureaucrat or someone within the company promoted to take on the executive reins and the automakers will only continue to suffer even more.

Thus the call for more government control and oversight.

Wake up America! This is how the game is played and you are losing the most prosperous nation in the history of the world to students of Karl Marx who's ideology has been attempted and failed many times!!!

WAKE UP COMRADE WAKE UP!!

Power Play For Socialism

Today our lord and savior Barack Obama reversed an Executive Order previously introduced by President Bush to alleviate some of the financial strain on US Auto makers.

Aside from poor management and gross inefficiencies, some of financial woes that beset the troubled car makers stem directly to government mandated fuel efficiency standards. These standards have put huge financial burdens on US Auto Makers.

This is just another example of how Democrats have been on the wrong side of history once again. Throw in their past policies of allying with Unions to the point that auto manufacturers are simply no longer competitive with their Asian peers.

One has to ask, is this stupidity or naivety on the part of Liberals?

I don't think so. Mr. Obama and the Democrat party know damn well the auto industry is struggling. This is a power play to drive up costs and force the auto manufacturers to come back to big goverment for yet another bail out. The difference this time will be an agreement that will either partially or fully nationalize the auto industry. It is a power play that doesn't just stop with auto manufacturers.

Liberal policies that have driven up health care costs are part of the same strategic playbook to nationalize health care as well.

Here's to more change that only Karl Marx could hope for.

Two ex-Guantanamo inmates appear in Al-Qaeda video

In the words of Dana Carvey's Church Lady, "Well isn't that special?"


I imagine that we will hear how "America created these monsters." Not that we picked them up off the battlefield plotting to kill our soldiers or even worse American citizens. Instead the Media Whore Complex will go on and on about how this is our fault and our evil, greedy, capitalistic society spurns the hatred of these individuals.

However, after a very quick study of history militant Islam was running rampant long before the United States (or evil Capitalism) was created so I'm not sure how these radical whack jobs are "our fault." Unless the prophet foresaw it but I also don't remember that being in the Koran either.

How would you like six thousand dollars? How about 12 Thousand?

A recent Yahoo finance article (click my headline after you read this) put the bail out of 700 billion financial bail out last year at a cost of Six Thousand Dollars per tax payer.

Add on to that the cost of President Obama's 800 billion "stimulus" plan he and the Democrats want to pass within the next few months.

That's more than TWELVE THOUSAND DOLLARS per tax payer!!!

Hello America!!! Wake up!!! Can you imagine if every tax payer received a check for TWELVE THOUSAND DOLLARS?!!!

Don't you think that would stimulate the economy a whole hell of a lot more than say the 600 million dollars being spent on digital TV conversions?

Boy isn't this the "Change" you signed up for?!!

Here's Some More Hope & Change!

Here is some more change to put in your pipe and smoke.

• Federal funding for overseas abortions.
• Removal of the military's policy of "Don't Ask Don't Tell" (This policy is not an anti- policy against people but that is a whole another blog)
  
• Closing Guantanamo Bay prison with no clear plan as to what we will do with the prisoners.
• Halting of the military tribunals for GITMO prisoners. (Some of which were captured for bombing the USS Cole during the Clinton Administration).
• Appointment of Eric Holder as US Attorney General. This was the guy who advised Bill Clinton to pardon FALN Terrorists and Mark Rich.

Boy this sounds like a "centrist" to me. What a "Uniter!"

The only thing President O'bama is uniting are the far left while alienating everyone in the middle and the right.

Here's to more hope and change.

Oh This is what Hope and Change are all about!

Finally I get it!!

We "hope" the terrorists do not attack us because the "change" is dismantling of the security measures put in place by the Great Satan (George W Bush).

Let it be known when we are attacked in the future we can look to this article and this day as the beginning of the events set into motion our next terror attack on the homeland.

Why do I have visions of our enemies standing outside of their caves/hideouts firing their AK-47's into the air?