Posts Tagged ‘US Congress’

Windfall Tax on Retirement Income!!

Tuesday, April 21st, 2009

From Alaska–

LET’S IMPEACH HER NOW BEFORE SHE DOES FURTHER DAMAGE!!  WHAT AN IDIOT!!   WHERE DO WE GET THESE MORONS?

Windfall Tax on Retirement Income 

Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. That’s what the Speaker of the House is saying. 

Nancy Pelosi wants a Windfall Tax on Retirement Income.  In other words tax what you have made by investing toward your retirement. This woman is a nut case! You aren’t going to believe this. 

Madam speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 401K and Mutual Funds! Alas, it is true – all to help the 12 Million Illegal Immigrants and other unemployed Minorities! 

 This woman is frightening. 

She quotes…’ We need to work toward the goal of equalizing income, (didn’t Marx say something like this?), in our country and at the same time limiting the amount the rich can invest.’  (I am not rich, are you?)

When asked how these new tax dollars would be spent, she replied: 

‘We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long way to guarantee these people the standard of living they would like to have as ‘Americans’.’  

(Read that quote again and again and let it sink in.)  ‘Lower your retirement, give it to others who have not worked as you have for it’.   

 Tell your friends. Link to this!!

This lady is out of her mind and she is the speaker of the house!

 

Financial Time’s Gillian Tett Hits another One Out of the Park!

Friday, March 20th, 2009

As I said, I am in love with this woman’s mind.  Her writing is impeccable.  Her mastery of the English language undeniable and her Insight is excellent.  The first two paragraphs of her column today, Friday March 20 are very insightful.  However, I must admit I don’t know what “market makers” are.

 

Let me sum those paragraphs up:

 

‘While the politicians on both sides of the Atlantic have vowed to clamp down on “greedy” speculators and go after those engaged in “unbridled risk-taking” . . . the “disappearance of risk capital” is a key reason so much of the financial machinery is failing to work.’

 

Think about that.

 

Because we are fixated on pursing anyone or any organization which takes risks and appears greedy, we have chased all the players out the market because there is nothing to gain and much to lose.

 

In ball playing terms: Because the politicians keep changing the rules of the game, the investors who take the risks have taken their ball and gone home.  Who can blame them?

 

Tett’s Insight column is an another indicator that the governments on both sides of the Atlantic need to get out of the way and let the markets function as they should—those who lose should be allowed to fail; however, those who succeed should be allowed to reap the rewards of their efforts and their risk taking.

 

While Obama and his minions keep changing the rules of the game, the Obama Administration is having one effect: 

 

It is keeping everything unstable.

And, IMO, this appears “purposeful.”

 

In other words,

 

The Obama Administration is creating instability on purpose,

 

With a reason.

 

And it is not a good reason.

 

One piece of evidence that this instability is intentional is the fact that the US Congress, Senate and President knew about AIG’s contractual obligations to pay bonuses.  How do I come to that conclusion you ask?  Simple.  Senator Dodd added wording that exempted “contractually obligated bonuses” into the Bail Out Legislation.

 

These political folks keep playing both sides against the middle, against us.  And it’s got to stop.  Otherwise, they are going to destroy everything.  If they can tax those bonuses out of existence, they can tax any of us off the map.  In fact, let me step out and say that this is exactly what God wants.

 

Wake up, America!

 

You, we are the target.

Did You See DHS Secretary Napolitano’s Address to the Congress this Past Week?

Saturday, February 28th, 2009

Did you see DHS Secretary Janet Napolitano’s address to the Congress this past week?

If her position weren’t so serious, it was almost comical!

Her body language, in particular, her involuntary shaking (even her eyes were wobbling [“Nystagmus” is often observed in schizophrenics!]) and quivering indicate:

Something is seriously wrong–with this woman and/or her position!

Napolitano’s “sales pitch” was so flagrant and insulting it appeared none of of the Congress whom she was addressing were “buying” it.  It was all show & tell.  Her presentation and the obvious lack of mention of the word “terrorism” further reinforce the idea that 9/11 may have been an inside job, at least in part.

Folks, this is the woman who is going to take your guns away–as soon as she has the next opportunity–like they confiscated firearms during Hurricane Katrina.

PS

Remember:  Napolitano said her department was not focusing upon terror, terrorism or the deterence of terrorism.  Rather, DHS is getting ready for another “national emergency.”

End the Fed! Sound Money for America!

Friday, December 26th, 2008

 

http://sjlendman.blogspot.com/2008/12/federal-reserve-abolition-act.html

 

End the Fed! 

 

Sound Money for America!

 

The Federal Reserve

 

Abolition Act

 
By Stephen Lendman
12-24-8

 

 

On June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored.

 

It’s a bold and needed measure to “abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.”

 

***

 

“….the privately owned central bank….has been looting and wrecking the US economy for almost a hundred years. We must end a system where unelected, unaccountable cliques of bankers and financiers loyal to names like Morgan, Rockefeller, and Mellon set interest rates and money supply behind closed doors, leading to de- industrialization, mass impoverishment, and a world economic and financial depression of incalculable severity.”

 

 Webster Tarpley

 

http://www.rense.com/general84/rweg.htm