I’d like to suggest that the Obama Administration be renamed the OBA Administration or the Obama Back-Assward Administration. When most of us have a problem we try to find and fix using logic. For instance, my car was having some trouble starting so I had the battery and alternator checked. If I were to act like the Obama Back-Assward Administration, I would probably have my key checked. It would be funny except that these folks are “running” the country or should I say “ruining” the country…
Posts Tagged ‘taxes’
News briefs are a collection of interesting news stories. This edition is all about America the land of the free. The “free” used to refer to our God-given freedoms outlined in our founding documents, but the term has mutated over decades of nanny-state policies to mean what the government “gives” us for free. There is perhaps no better continuing example of the progressive, left-winged, drive-by, main-stream media’s collusion with Democrats than its continuing dumbing down of Americans. Although the scarier part is that many accept, even crave the handouts.
A few months ago I wrote about how government likes to all up in your business. They just cannot help themselves. One of the examples was how the City of Pittsburgh through its Urban Redevelopment Authority used eminent domain to seize a local theatre in Pittsburgh. The Garden theatre had suffered from the decline of city theatres and the proliferation of suburban multi-screen venues. They somehow survived by catering to the XXX movie crowd. I obviously don’t know the details of their finances, but they stayed in business for decades screening those flicks. That is until the City of Pittsburgh decided that the area would be better suited to a retail development.
The recent headlines regarding General Electrics profits contrasted with their ability to paying any taxes in the United States had a lot of us scratching our heads. I am sure there are no direct connections between GE’s ability to curry favor with the Obama Administration and their prominance in U.S. politics. I am also sure that the fact that their former ownership of NBC and that network’s almost cult-like support of all things Obama played no factor in any subsidies that the company received directly or indirectly via customers who use their products. As you know I am a thinker and a visual guy so I pulled out my old process diagram system and put together what capitalism might have looked like then (perhaps the turn of twentieth century)…
I love Milton Freidman. Economics can be rather dry so when I came across a series of videos of Friedman on common economic subjects I first enjoyed them and decided to share them with you. In one of these videos, Mr. Friedman compares a myth to an air mattress, full of nothing, but comfortable, and jarring when deflated.
The first is one that I posted a couple of years ago during features Friedman in an interview with Phil Donohue:
This one is about the myth of The Free Lunch or how taxes on corporations are really taxes on people:
“And Jesus sat over against the treasury, and beheld how the people cast money into the treasury: and many that were rich cast in much. And there came a certain poor widow, and she threw in two mites, which make a farthing. And he called unto him his disciples, and saith unto them, Verily I say unto you, That this poor widow hath cast more in, than all they which have cast into the treasury.”
There can be perhaps no more stark example than Charles Rangel (DEMOCRAT – NY) of what is wrong with large government excess perpetrated by bureaucrats who are allowed to spend far too much time in “public service.” After 2½ years of investigations the House Ethics Committee found Charles Rangel (DEMOCRAT – NY) guilty of 11 of 16 charges against him. The charges included:
- Personally sought donations from registered lobbyists whose corporations had business before Congress. In some cases, Mr. Rangel asked for contributions of as much as $30 million from businesses with issues before the Ways and Means Committee, of which he was the chairman until March,
“Wanted. Young, skinny, wiry fellows. Not over 18. Must be expert riders. Willing to risk death daily. Orphans preferred.”
That job description for a Pony Express rider would not garner much attention today, but that was the genesis of today’s postal service. The only qualifications that might match are the age requirement and the need for a driver’s license. Unlike most people I have respect for the United States Postal Service. Their troubles have been well documented by both liberals and conservatives as the USPS is a very popular agency to point to regarding the failure of government.
A famous philosophical puzzle asks the question whether a tree that falls in the forest makes any sound when there is no one around to hear it. As an engineer by education and thought I really did not enjoy these types of “core” classes in college even though they gave me a “well rounded” education. My philosophy class was perhaps the most tedious class ever and was dominated by seemingly endless discussions about what ifs and could be’s. Our bearded professor certainly looked the part and in many ways I was happy that at least one person with a degree in philosophy was gainfully employed in his profession.
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