Monday, November 26, 2012

Jamie Fox Refers To Obama As Our Lord + Savior; Will Republicans Fold On Tax Pledges?; How Does Russia Perceive Obama's Win?; In VA, Gun Sales Way Up, Violent Crime Way Down

Study: Everyone, Everything Linked To Paranoia...The Onion

  • When I first read the headline in NewsBusters about comedian Jamie Fox referring to Pres. Obama as "our lord and savior," I thought I was reading another headline from The Onion. Unfortunately, it's true. This Hollywood Oscar winning nitwit actually made those comments at the Soul Train Awards (which I'd like to refer to as the No Brain Awards as are all the award shows and awards they keep bestowing upon themselves). One commentator remarked Obama is the lord and savior alright because he made us all equally miserable.
  • In the last week, there have been several reports of some Republicans appearing to be willing to break their no tax pledges. This weekend alone, Sens. McCain and Graham, said they no longer believe their anti-tax increase pledge is binding on them (in the last ten years, over 200 House members including about 40 Senators signed the pledge). All of this is in response to the approaching fiscal cliff should Bush era tax cuts expire and not be renewed. Even The Weekly Standard's editor, Bill Kristol, who was against raising taxes (in 2009, he said it's the "stupidest thing you can do" in a bad economy)  signaled support for additional "revenue." That's code for raising taxes as is the phrase often uttered by the president and Democrats, "We need to invest in America."
  • My response to Congress: unless you cut government spending and waste, don't even think of raising taxes. In fact, Ernst and Young, one of the nation's leading accounting firms, reported Obama's taxes would destroy 700,000 jobs (and since most of the projections are often underestimated, you can double that number). Even Obama's own Council of Economic Advisors said of the tax hikes, "appear to have a very large, sustained and highly significant negative impact on output."

  • Sometimes I feel all this debating about the fiscal cliff is nonsense. We fell off the cliff in January of 2009 when Obama took his oath of office.
  • Pravda was long known to be the mouthpiece for the Commies in Russia. It's still published today. It's why I found it interesting they wrote the following about Obama's re-election: "Obama has been re-elected for a second terms by an illiterate society and he's willing to continue his lies of less taxes while he raises them." The piece ends with this question: "How long will America suffer and to what depths?" Do they know something we don't? Pigs must be flying because this is the first time in my life, I actually agree with Pravda (which ironically means truth in Russian).
  • Once again, some tax facts for the people who keep spewing lies about who pays taxes and how much. According to the IRS, the upper 1% pay 40% of all personal income taxes. The wealthiest 10% pay 70%. On the other hand, the 50% who make the least amount of income, pay about 3%.
  • There is a study that comes out of the University of Chicago that proves clearly (with data) that prolonging unemployment actually prolongs a recession and depresses employment.  In other words, the authors found that increasing unemployment benefits actually provides a disincentive to work.

  • When you hear the president and other Democrats proclaiming we must all do our "fair share," keep in mind that's code for "redistributing" wealth. Or to put it in terms most people would understand: it means taking money from those who produce and giving it to those who do not produce. And it's why socialism has failed every time, everywhere.
  • Do you get the impression everytime the Obama administration does anything involving foreign policy, things turn to sh!t? In addition to Benghazi, now it appears Egypt is re-erupting. Syria is still a mess. And Hamas will continue to be a problem for us and Israel. Turkey, a long-time US ally, is leaning more toward Islamists. And, as I reported last week, Hezbollah is sitting on the sidelines just watching and waiting.
  • In Virginia, gun purchases soared 74% since 2006. During that same period, violent crimes fell 24%.