All Posts Tagged With: "TAXES"

Obamacare, Czars, Federal Agencies, Oh My!

Kassandra Kuehl, writer, Golden Rule of Economics, True Capitalism

Today we welcome Kassandra Kuehl to The Conservative Reader.  Kassandra Kassandra Kuehl is a writer and blogger with American Citizens for Economic Freedom.  – Ed.

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How do you feel when you think of the word “bureaucracy?” I did an experiment and wrote down all the adjectives I could think of when I thought about bureaucrats and bureaucracy. Stop for a moment and do this yourself. What were your results? All negative?

Do we need bureaucrats?

A Bureaucrat’s job is to stand between the lawmakers who create public policy, and the people. For example, if the recent Obamacare Mandate (tax) is established, bureaucrats will multiply in front of our eyes to oversee all the new policies, new taxes, new programs, …


The Social Security Trust Fund Is Already Empty

The annual report of the Social Security Trustees has been out for a few days now, and the news was bad on its face; the Social Security Trust Fund is now expected to be depleted by 2033, three or four years earlier than had been previously thought. This means that after 2033 the Social Security system will depend entirely upon the payroll taxes it will then be collecting, and the huge surpluses built up from payroll taxes of the past decades will have gone.

That is the nightmare in the headline news; the reality is much worse.

The Social Security Trust Fund does not exist in any meaningful way. What happened was this: Over the past years, the Social Security Administration collected more in payroll …


A Sweeping Declaration of Intent: Gingrich unveils new “21st Century Contract with America”

If ever there is going to be a moment for former Speaker of the House Newt Gingrich to create momentum and change the flat trajectory of his presidential run—now is the time. One day after the release of a Fox News poll, which surprisingly showed him gaining substantial ground in the race, Gingrich took to the stage at the Principal building in Des Moines to unveil his newly minted “21st Century Contract with America”.

Updated from the 1994 version, this new contract will serve as the backbone of his campaign and its acceptance or rejection will determine his fate one way or the other.

In the world of presidential politics such fate is largely decided by three things—the style, the substance, and …


A Vile Construct

The question sounds simple enough. How do you balance the Federal budget?

Already in the midst of an epic ideological struggle, our Country’s attempt to answer this question has even further defined the massive divide in political philosophy that has beset us.

The form this divide has currently taken is the debate on whether to raise the debt ceiling and, if so, on what conditions. While this has merit as a political reality the whole discussion is a mere surface abrasion of the underlying issues—issues that can’t be solved by each side conceding a point or two and adjusting some numbers.

The real value for Conservatives in the debt ceiling debate, and all budget related squabbles, is that it exposes the Country to the true …


The DSM Register Independence Day Weekend “Progressive Trifecta”

The Des Moines Register’s Opinion Section on Sunday, July 3, 2011 featured a “Progressives Trifecta” of half-truths and sophistry:

  • Richard Doak – What if the founders were around today?
  • Donald Kaul – My favorite 4th of July speech
  • Dean Baker – Keep Social Security safe from politicians who want to save it

This week I will focus my comments on Richard Doak’s imaginary view of our founding fathers.  I will cover the other articles in due time.

Richard Doak – He begins with “This Fourth of July finds the country caught up more than usual in the mythology of America.”.  This opening argument is a fundamental tactic of the Progressives, i.e. to undermine our most cherished institutions by equating them to something less (mythology).…


Still The Gold Standard: Barry Goldwater’s “The Conscience of a Conservative” 50 Years Later

“The Conservative also recognizes that the political power on which order is based is a self-aggrandizing force; that its appetite grows with eating. He knows that the utmost vigilance and care are required to keep political power within its bounds.” – Barry Goldwater

Evidenced by the fact that I recently finished re-reading Barry Goldwater’s The Conscience of a Conservative on a kindle—much has changed since it was first published in 1960. However, by the staggering parallels that its content has to the political realities of 2011, one could say that not much has changed at all.

Anyone who chooses to invest the few hours necessary to read this book will become apprised of the historical context in which the political and ideological battles of our …


When The Majority Gets Desperate

Democrats are starting to become more audacious where they hold sway.  In your state, they have probably already tried:

  • Giving in to Unions with Prevailing Wage and Fair Share
  • Giving in to Populist attempts to circumvent the Constitution
  • Giving in to attempts to minimize the value of the family by elevating gay unions as marriage
  • Giving in to solutions lacking real problems, such as Worker’s Compensation Physician’s Choice
  • Giving in to their lust for spending, a long-term need for greed that feeds a push to raise taxes… yes, your state government is probably trying right now to raise your taxes!

If you don’t believe all this, just look to Iowa.  Smack dab in the middle of the country, normally expected to be a follower, …


Thoughts on Tim Geithner

There’s something just a little, how do I put it, smarmy about our soon-to-be new Secretary of the Treasury.  Here he is, applying for the job that oversees the IRS, and somehow a few years back he came up about $30,000 short on various taxes.

Where I grew up, we called that a double-standard.  President Obama has suggested he will not tolerate ethical lapses, and yet, we’re now allowing someone with a less-than-stellar record with regard to paying taxes to be the country’s banker.  If this were a Republican, the mainstream media would be howling and screaming.  The best word to describe it is…hypocrisy.  I guarantee you that if it were me, there would be no mercy.

Memo to Tim:  What were you thinking?  Who …


Spreading The Wealth: Is It Socialism?

It’s been an interesting week so far as reaction to the whole Joe The Plumber escapade has heightened people’s awareness of Barack Obama’s agenda.

For the sake of full disclosure, and ensuring people don’t accuse me of taking his words out of context, you can see the full transcript of the conversation between Obama and Joe here. I’m going to focus on one sentence that Obama said:

I think when you spread the wealth around, it’s good for everybody.

One can argue a hundred different opinions on this topic, and there’s been a lot of comments around how this is a Socialist agenda (and many consider this to be pretty obvious).  However, the new argument from the Left is that there’s nothing new here


Is The Crisis Abated?

On Sunday I shared some initial thoughts about the Fed take-over of Fannie Mae and Freddie Mac. If you read it, you know I’m not exactly happy about the outcome.  My friend Bithead shared some great thoughts Monday, and I don’t disagree that something needed to be done.   He and I both agree dumping the CEOs was necessary.

And on Monday the Stock Market reacted very favorably to the news, with a huge rise in the Dow (500 points, settling up 289), with a strong positive impact to the banking industry.

But I’m still convinced that the solution divides the interests of those in the government now set to manage the affairs of these companies.  Everyone who looks at this right now is breathing …


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