Wednesday, October 29, 2008
Friday, October 24, 2008
Tuesday, October 21, 2008
New Taxes in Economic Crisis
Does that even make sense? Let's tax big businesses and give their money to poor people? How will that help anyone? They don't have jobs, but heck they got a stimulus check for $1200. That's the change we wanted!
What Obama and his economic advisors are missing is that big businesses create jobs. They create economic growth. They create investment opportunities. 401k plans are investments in big business. In his own word with the "greatest economic crisis since the Great Depression" looming, he presents us with increased taxes on businesses and the wealthy and a tax break for 95% of Americans. Well how can you give a tax break to 95% of Americans when 40% of Americans don't pay any taxes at all? How does that create jobs? When was the last time a guy making $20k a year gave you a job?
I'm concerned with this because I am about to start a small businesses. If I want to hire employees than I need to earn enough money to pay them. Let's say I pay them about $15 per hour, which is a decent wage. I would have to earn at least $60k per year just to pay for 2 employees!
What about my businesses expenses? A good business runs at about 50-60% overhead cost. So overall if I want to make $120k before taxes, I would have to make about $250k. So I'm going to be taxed at an ever increasing tax rate under Obama, even though I don't get to take home that money. So my $120 grand turns into about $70k. Not bad right? Well considering that i had to put in enough work for $250k and only get to take home about $70k is not exactly fair. Especially when my taxes end up going to a guy who hasn't made enough money to even pay taxes and now he gets my taxes as some sort of bonus!!!???? Good job, you don't work nearly enough, here's some money from that guy who works too much.
So some Joe Schmoe gets to not only keep 100% of his earning, because he doesn't pay taxes, and on top of that gets some of my money. While I only get to keep about 30% of my earnings? What's so fair about that?
Well guess what, I guess I'll let one person go, save $30k and try to make up some of the difference. That plan sure created more jobs didn't it? Nope.
What Obama and his economic advisors are missing is that big businesses create jobs. They create economic growth. They create investment opportunities. 401k plans are investments in big business. In his own word with the "greatest economic crisis since the Great Depression" looming, he presents us with increased taxes on businesses and the wealthy and a tax break for 95% of Americans. Well how can you give a tax break to 95% of Americans when 40% of Americans don't pay any taxes at all? How does that create jobs? When was the last time a guy making $20k a year gave you a job?
I'm concerned with this because I am about to start a small businesses. If I want to hire employees than I need to earn enough money to pay them. Let's say I pay them about $15 per hour, which is a decent wage. I would have to earn at least $60k per year just to pay for 2 employees!
What about my businesses expenses? A good business runs at about 50-60% overhead cost. So overall if I want to make $120k before taxes, I would have to make about $250k. So I'm going to be taxed at an ever increasing tax rate under Obama, even though I don't get to take home that money. So my $120 grand turns into about $70k. Not bad right? Well considering that i had to put in enough work for $250k and only get to take home about $70k is not exactly fair. Especially when my taxes end up going to a guy who hasn't made enough money to even pay taxes and now he gets my taxes as some sort of bonus!!!???? Good job, you don't work nearly enough, here's some money from that guy who works too much.
So some Joe Schmoe gets to not only keep 100% of his earning, because he doesn't pay taxes, and on top of that gets some of my money. While I only get to keep about 30% of my earnings? What's so fair about that?
Well guess what, I guess I'll let one person go, save $30k and try to make up some of the difference. That plan sure created more jobs didn't it? Nope.
The comprehensive argument against Barack Obama
Everyone should take a look at this article. I thank HotAir for putting it in such a concise manner.
Friday, October 17, 2008
Wednesday, October 8, 2008
Why I don't vote Democrat.
Sometimes I feel like life would be easier voting Democrat. It certainly the popular thing to do right now. Hollywood is pretty left. A lot of the media is pretty left. Most colleges are left. Even my profession is considerably left leaning. Why would I vote Republican?
***Disclaimer: No. Republicans are not perfect. There are things they do that make me want to hammer nails into my skull, but they are more aligned with the subjects that are important to me.****
Personal Responsibility: I'm a strong advocate of "you reap what you sow" If you work hard and mind your P's and Q's, I believe that life will treat you well. I don't want government to bail me out. I don't want government to bail you out if you make a mistake. That's part of life.
I'm the one that is responsible to make sure I have health insurance. I'm the one that is responsible for making sure I read the fine print on a mortgage and not borrow more than I can afford. I'm the one that is responsible for making sure that my neighbor is not starving to death and can heat his home. NOT Government. Government should watch out for people taking advantage of us or attacking us..... that's about it. Democrats love to let government take over a lot of these problems for us. Universal Health Care. Retirement benefits through Social Security. Welfare. Medicare. Medicaid. ETC. Etc. Don't you worry.... we'll take care of it. Leave it up to the massive buearacracies. Really?
All I can say is... No thanks! I want government to stay away from me as much as possible. Lower my taxes and get back!
*****SIDE NOTE ON WELFARE******You want to help the poor? Don't give them money. Give them a job! Give them work. Give them skills. You give a man a fish and he'll be hungry the next day. You teach a man to fish and he'll never go hungry again. *******
Abortion: I am Pro-Choice. Not Pro-Choice choose to have an abortion. I believe that you have a choice. That is to have sex or not. That was your choice. Not only did you choose to have sex, but you chose to have un-protected sex. Oooops... now your pregnant. Really!? Sex actually leads to pregnancy!? Who would've thought? Now you want to kill that baby because it is going to inconvenience you in some way. No. You don't want it. Put it up for adoption after it's born. Parents who are desperate for a baby are waiting up to 2 years and going to China to get a kid.
If that choice is taken from you, as in cases of rape or molestation, then I believe that you can choose if you want to have an abortion or not. Your freedom of choice was taken from you. You may now choose to have that baby or not.
Democrats are pro-choice, abort a baby, that's your right. What about the baby's rights? You made your choice... now give your baby a chance to make someone else very happy and make choices of their own.
Military: I believe a strong military is the key to prosperity. We are able to protect our self-interests and those of our allies. I don't believe that Dems think we should have a weak military. I do feel that Democrats don't feel the military is as important as it is in today's world. I grew up with Clinton shutting down base after military base. Now we're stretched thin. If we hadn't closed up so many bases we would have been able to handle both Iraq and Afghanistan without a problem. I also get the feeling that the more far left leaning Democrats really do not like the military in any way. They see them as a great evil spreading war upon the land. If we didn't have such a great military, there would be even more war upon the land... and in our backyards.
Nationalism: Also known as Patriotism. Whoa whoa whoa.... you are going to tell me that Democrats aren't patriotic!? No. I'm not. There are plenty of Dems that are patriotic. I feel that the way we view our country is completely different. Democrats have a glass half empty view of our nation. We are not liked.. we need to change our image.... we need to be more like X country.... we are too aggressive.. we're not involved in the global community enough... we're too greedy... we are destroying the planet... etc. And what do they propose we do to change that? Let the government fix it! That's right. Obama and his Democratic Congress are going to change that. Really? The government?
I see it as a nation with a glass half full. We are an amazing nation. We have done more for our fellow man than any nation in this world. We are the liberators of concentration camps, countries and the oppressed. We have fought at the 4 corners of the earth defending nations against tyrants. We could've sat it out, but we didn't. We are a nation that has brought more economic wealth to the world than any nation ever. Have we made mistakes along the way? Yes. We are not a perfect nation, but we are a great nation. The reason we are a great nation is because of WE THE PEOPLE. If we want this nation to be better, if we want to be viewed by the world as a great nation, then WE THE PEOPLE need to change. We need to take responsibility for ourselves and our country and stop trying to pass the buck onto the government. If we don't do that, then no political party will be able to change that... no, not even Obama.
Economics: Tax the rich! Even the playing field! Right? Equality for everyone, despite their job. Doctors and Lawyers shouldn't make more than their secretaries. Tax them more so that it evens it up. Everyone the same. aka SOCIALISM/COMMUNISM.
Ok. Tax the rich. Who creates businesses? Poor people? Nope. Rich people. Who spends more money to create business? Rich People. Who provides loans to small businesses? Who hires people? Who pays those wages? Poor people? Nope. Rich people.
They take the risk. They invest the money. They work pretty damn hard to make it to where they are and now you want to take that away from them? Why would they want to go through all that risk and work just to give it to the government? Why wouldn't they go to Ireland where it's cheaper to run a business and make money? You tax the rich, you lose jobs. Raising anyone's taxes will only hurt the economy. It takes that money out of the economy and puts it into the governments hands.
You want a strong economy? Put more money into the economy. Give everyone tax breaks. EVERYONE. Rich, poor, middle class, businesses big and small. Get that money circulating.
Wrap up: These are my views. This is what is important to me at this time. We can't continue down this path of dependence on the government. We have to take charge of our own affairs and watch out for ourselves and our neighbors. I'm not rich. In fact I'm poor right now. But I know that this country gives me the opportunity to become rich. This is one of the rare countries where I know that I can become something even though right now I'm an average Joe. I love this country and I'm going to continue to fight to make it better. That means getting involved. We can do it. WE THE PEOPLE!
***Disclaimer: No. Republicans are not perfect. There are things they do that make me want to hammer nails into my skull, but they are more aligned with the subjects that are important to me.****
Personal Responsibility: I'm a strong advocate of "you reap what you sow" If you work hard and mind your P's and Q's, I believe that life will treat you well. I don't want government to bail me out. I don't want government to bail you out if you make a mistake. That's part of life.
I'm the one that is responsible to make sure I have health insurance. I'm the one that is responsible for making sure I read the fine print on a mortgage and not borrow more than I can afford. I'm the one that is responsible for making sure that my neighbor is not starving to death and can heat his home. NOT Government. Government should watch out for people taking advantage of us or attacking us..... that's about it. Democrats love to let government take over a lot of these problems for us. Universal Health Care. Retirement benefits through Social Security. Welfare. Medicare. Medicaid. ETC. Etc. Don't you worry.... we'll take care of it. Leave it up to the massive buearacracies. Really?
All I can say is... No thanks! I want government to stay away from me as much as possible. Lower my taxes and get back!
*****SIDE NOTE ON WELFARE******You want to help the poor? Don't give them money. Give them a job! Give them work. Give them skills. You give a man a fish and he'll be hungry the next day. You teach a man to fish and he'll never go hungry again. *******
Abortion: I am Pro-Choice. Not Pro-Choice choose to have an abortion. I believe that you have a choice. That is to have sex or not. That was your choice. Not only did you choose to have sex, but you chose to have un-protected sex. Oooops... now your pregnant. Really!? Sex actually leads to pregnancy!? Who would've thought? Now you want to kill that baby because it is going to inconvenience you in some way. No. You don't want it. Put it up for adoption after it's born. Parents who are desperate for a baby are waiting up to 2 years and going to China to get a kid.
If that choice is taken from you, as in cases of rape or molestation, then I believe that you can choose if you want to have an abortion or not. Your freedom of choice was taken from you. You may now choose to have that baby or not.
Democrats are pro-choice, abort a baby, that's your right. What about the baby's rights? You made your choice... now give your baby a chance to make someone else very happy and make choices of their own.
Military: I believe a strong military is the key to prosperity. We are able to protect our self-interests and those of our allies. I don't believe that Dems think we should have a weak military. I do feel that Democrats don't feel the military is as important as it is in today's world. I grew up with Clinton shutting down base after military base. Now we're stretched thin. If we hadn't closed up so many bases we would have been able to handle both Iraq and Afghanistan without a problem. I also get the feeling that the more far left leaning Democrats really do not like the military in any way. They see them as a great evil spreading war upon the land. If we didn't have such a great military, there would be even more war upon the land... and in our backyards.
Nationalism: Also known as Patriotism. Whoa whoa whoa.... you are going to tell me that Democrats aren't patriotic!? No. I'm not. There are plenty of Dems that are patriotic. I feel that the way we view our country is completely different. Democrats have a glass half empty view of our nation. We are not liked.. we need to change our image.... we need to be more like X country.... we are too aggressive.. we're not involved in the global community enough... we're too greedy... we are destroying the planet... etc. And what do they propose we do to change that? Let the government fix it! That's right. Obama and his Democratic Congress are going to change that. Really? The government?
I see it as a nation with a glass half full. We are an amazing nation. We have done more for our fellow man than any nation in this world. We are the liberators of concentration camps, countries and the oppressed. We have fought at the 4 corners of the earth defending nations against tyrants. We could've sat it out, but we didn't. We are a nation that has brought more economic wealth to the world than any nation ever. Have we made mistakes along the way? Yes. We are not a perfect nation, but we are a great nation. The reason we are a great nation is because of WE THE PEOPLE. If we want this nation to be better, if we want to be viewed by the world as a great nation, then WE THE PEOPLE need to change. We need to take responsibility for ourselves and our country and stop trying to pass the buck onto the government. If we don't do that, then no political party will be able to change that... no, not even Obama.
Economics: Tax the rich! Even the playing field! Right? Equality for everyone, despite their job. Doctors and Lawyers shouldn't make more than their secretaries. Tax them more so that it evens it up. Everyone the same. aka SOCIALISM/COMMUNISM.
Ok. Tax the rich. Who creates businesses? Poor people? Nope. Rich people. Who spends more money to create business? Rich People. Who provides loans to small businesses? Who hires people? Who pays those wages? Poor people? Nope. Rich people.
They take the risk. They invest the money. They work pretty damn hard to make it to where they are and now you want to take that away from them? Why would they want to go through all that risk and work just to give it to the government? Why wouldn't they go to Ireland where it's cheaper to run a business and make money? You tax the rich, you lose jobs. Raising anyone's taxes will only hurt the economy. It takes that money out of the economy and puts it into the governments hands.
You want a strong economy? Put more money into the economy. Give everyone tax breaks. EVERYONE. Rich, poor, middle class, businesses big and small. Get that money circulating.
Wrap up: These are my views. This is what is important to me at this time. We can't continue down this path of dependence on the government. We have to take charge of our own affairs and watch out for ourselves and our neighbors. I'm not rich. In fact I'm poor right now. But I know that this country gives me the opportunity to become rich. This is one of the rare countries where I know that I can become something even though right now I'm an average Joe. I love this country and I'm going to continue to fight to make it better. That means getting involved. We can do it. WE THE PEOPLE!
Debate v.2
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz...
Oh wait... It's over?
Who was the moron who picked those questions!? Oh right... Tom Brokaw. Did he not see the first debate?? Because I'm pretty sure he picked the same questions. What was new? What was different? That lame question at the end about what the candidates didn't know? Right... that was insightful.
This was a sharp reminder why debates are boring and no one should base their vote on a debate. If you can't take 5 minutes out of your life and look at each candidates positions then maybe you should sit this vote out.
Oh wait... It's over?
Who was the moron who picked those questions!? Oh right... Tom Brokaw. Did he not see the first debate?? Because I'm pretty sure he picked the same questions. What was new? What was different? That lame question at the end about what the candidates didn't know? Right... that was insightful.
This was a sharp reminder why debates are boring and no one should base their vote on a debate. If you can't take 5 minutes out of your life and look at each candidates positions then maybe you should sit this vote out.
Tuesday, October 7, 2008
Debate
Presidential Debate tonight at 9pm Eastern. I don't expect many fireworks to fly, or for it to be as lively as the VP debate, but it should be good. I'll post my opinion afterwards.
Thursday, October 2, 2008
Burning Down the House: Who is to blame for the economic crisis
I started a very long post responding to who is to blame for this economic mess. Well the biggest problem was subprime mortgages which led to inflation of home prices. Why did this happen?? A little known bit of legislation called the Community Reinvestment Act brought to us by Jimmy Carter and the Democrats. I was going to go through the long explanation, but then I found this youtube video that explains it quite succinctly. I checked out the facts.. you can to.
I know its long, but it's worth it. Watch till the end.
I know its long, but it's worth it. Watch till the end.
Wednesday, October 1, 2008
A Democrat I would vote for....
On the 20th of January 1961, John F. Kennedy stood to give his inaugural address. This was in the midst of a cold war with a fellow superpower. We faced the possibility of global catastrophe as both the U.S. and the USSR were trying to one-up each other. During this troubling time President Kennedy uttered these words, "my fellow Americans: ask not what your country can do for you — ask what you can do for your country."
I find it interesting that today, as we face an economic crisis, our President and leaders in Congress are not asking this same question. Are we not the driving economic force in the world? We the people? Have we not overcome depressions and recessions in our economy before, only to emerge stronger and richer? We the people?
Instead our government expects us to swallow a bailout of corrupt Wall Street, while claiming that this socialist approach is for our own good. Really? You screw up by not doing YOUR JOB of oversight.... and then you expect us to believe that you can fix it?
I find it interesting that today, as we face an economic crisis, our President and leaders in Congress are not asking this same question. Are we not the driving economic force in the world? We the people? Have we not overcome depressions and recessions in our economy before, only to emerge stronger and richer? We the people?
Instead our government expects us to swallow a bailout of corrupt Wall Street, while claiming that this socialist approach is for our own good. Really? You screw up by not doing YOUR JOB of oversight.... and then you expect us to believe that you can fix it?
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