Sunday, July 11, 2010

Wisdom from Presidents Past

The democracy will cease to exist
when you take away from those
who are willing to work and give to those who would not.

It is incumbent on every
generation to pay its own debts as it goes.
A principle which if acted on would save
one-half the wars of the world.

I predict future happiness for
Americans if they can prevent the government
from wasting the labors of the people under the
pretense of taking care of them.

My reading of history convinces me
that most bad government results from too much

No free man shall ever be debarred
the use of arms.

The strongest reason for the
people to retain the right to keep and bear arms
is, as a last resort, to protect themselves
against tyranny in government.

The tree of liberty must be
refreshed from time to time with the blood of
patriots and tyrants.

To compel a man to subsidize with
his taxes the propagation of ideas which he
disbelieves and abhors is sinful and tyrannical.

I believe that banking institutions are more dangerous to
our liberties than standing armies.
If the American people ever allow
private banks to control the issue of their
currency, first by inflation, then by
deflation, the banks and corporations that will
grow up around the banks will deprive the people
of all property - until their children
wake-up homeless on the continent their fathers

Thomas Jefferson

Taxs 2011

Cus does it again.
In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:

Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%

Higher taxes on marriage and family. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level. The dependent care and adoption tax credits will be cut.

The return of the Death Tax. This year, there is no death tax. For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors. The capital gains tax will rise from 15 percent this year to 20 percent in 2011. The dividends tax will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.

Second Wave: Obamacare

There are over twenty new or higher taxes in Obamacare. Several will first go into effect on January 1, 2011. They include:

The “Medicine Cabinet Tax” Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).

The “Special Needs Kids Tax” This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education.

The HSA Withdrawal Tax Hike. This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2011, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. The major items include:

The AMT will ensnare over 28 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.

Small business expensing will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be “depreciated.”

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.

Read more:

Friday, July 9, 2010

Iacocca Rant

Cuz sent a great one.
Would you believe that Lee Iacocca is 82 years old and is still kickin' butt?
Check out his latest efforts.

Just as true today as it was when his book first
came out.
He was, and still is, a brilliant businessman!
Often we need to be reminded of Iacocca's words.

Remember Lee Iacocca, the man who rescued Chrysler Corporation from its death throes? He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?'.
Lee Iacocca Says:
'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage with this so called president? We should be screaming bloody murder! We've got a gang of tax cheating clueless leftists trying to steer our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even run a ridiculous cash-for-clunkers program without losing $26 billion of the taxpayers' money, much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, 'trust me the economy is getting better..'
Better? You've got to be kidding. This is America , not the damned, 'Titanic'. I'll give you a sound bite: 'Throw all the Democrats out along with Obama!'
You might think I'm getting senile, that I've gone off my rocker, and maybe I have. But someone has to speak up. I hardly recognize this country anymore..
The most famous business leaders are not the innovators but the guys in handcuffs.. While we're fiddling in Afghanistan, Iran is completing their nuclear bombs and missiles and nobody seems to know what to do. And the liberal press is waving 'pom-poms' instead of asking hard questions. That's not the promise of the ' America ' my parents and yours traveled across the ocean for. I've had enough. How about you?
I'll go a step further. You can't call yourself a patriot if you're not outraged. This is a fight I'm ready and willing to have. The Biggest 'C' is Crisis! (Iacocca elaborates on nine C's of leadership, with crisis being the first.)

Leaders are made, not born. Leadership is forged in times of crisis. It's easy to sit there with thumb up your butt and talk theory. Or send someone else's kids off to war when you've never seen a battlefield yourself. It's another thing to lead when your world comes tumbling down.

On September 11, 2001, we needed a strong leader more than any other time in our history. We needed a steady hand to guide us out of the ashes. A hell of a mess, so here's where we stand.

We're immersed in a bloody war now with no plan for winning and no plan for leaving.. But our soldiers are dying daily.

We're running the biggest deficit in the history of the world, and it's getting worse every day!

We've lost the manufacturing edge to Asia, while our once-great companies are getting slaughtered by health care costs.

Gas prices are going to skyrock again, and nobody in power has a lucid plan to open drilling to solve the problem. This country has the largest oil reserves in the WORLD, and we cannot drill for it because the politicians have been bought by the flea-hugging environmentalists.

Our schools are in a complete disaster because of the teachers union.

Our borders are like sieves and they want to give all illegal's amnesty and free healthcare.

The middle class is being squeezed to death every day.
These are times that cry out for leadership.
But when you look around, you've got to ask: 'Where have all the leaders gone?' Where are the curious, creative communicators? Where are the people of character, courage, conviction, omnipotence, and common sense? I may be a sucker for alliteration, but I think you get the point..
Name me a leader who has a better idea for homeland security than making us take off our shoes in airports and throw away our shampoo?
We've spent billions of dollars building a huge new bureaucracy, and all we know how to do is react to things that have already happened.
Everyone's hunkering down, fingers crossed, hoping the government will make it better for them. Now, that's just crazy.. Deal with life.
Name me an industry leader who is thinking creatively about how we can restore our competitive edge in manufacturing. Who would have believed that there could ever be a time when 'The Big Three' referred to Japanese car companies? How did this happen, and more important, look what Obama did about it!
Name me a government leader who can articulate a plan for paying down the debit, or solving the energy crisis, or managing the health care problem. The silence is deafening. But these are the crises that are eating away at our country and milking the middle class dry.
I have news for the Chicago gangsters in Congress. We didn't elect you to turn this country into a losing European Socialist state. What is everybody so afraid of? That some bonehead on NBC or CNN news will call them a name? Give me a break. Why don't you guys show some spine for a change?
Had Enough? Hey, I'm not trying to be the voice of gloom and doom here. I'm trying to light a fire. I'm speaking out because I have hope - I believe in America .. In my lifetime, I've had the privilege of living through some of America 's greatest moments. I've also experienced some of our worst crises: The 'Great Depression,' 'World War II,' the 'Korean War,' the 'Kennedy Assassination,' the 'Vietnam War,' the 1970's oil crisis, and the struggles of recent years since 9/11.
Make your own contribution by sending this to everyone you know and care about. It's our country, folks, and it's our future. Our future is at stake!!

Tuesday, July 6, 2010

Obama Spacing Out

Obama made it a priority that we should work with the muslim nations on the space program and is encouraging one of his czars to make muslims feel good about themselves by extolling their academic virtues. Former NASA head in effect said and I paraphrase "What?????" Fox News commentator Hume said that just sounds like we are broke. I just think they will look on it as an opportunity to send sucide bombers from space. A rocket's just a big bomb.

My cous sent me this piece written by a Catholic person. I just had to share this with you.


And the Muslims want to wipe the Jews off the face of the earth -- wow, what a difference that would make.........

DIFFERENCES BETWEEN JEWS AND MUSLIMS..I thought you would be interested in reading this...(What a contrast!)

The Global Islamic population is approximately 1,200,000,000

ONE BILLION TWO HUNDRED MILLION or 20% of the world's population.

They have received the following Nobel Prizes:

1988 - Najib Mahfooz


1978 - Mohamed Anwar El-Sadat 1990 - Elias James Corey
1994 - Yaser Arafat:
1999 - Ahmed Zewai






1960 - Peter Brian Medawar
1998 - Ferid Mourad



The Global Jewish population is approximately 14,000,000
Only FOURTEEN MILLION or about 0.02% of the world's population.

They have received the following Nobel Prizes:


1910 - Paul Heyse
1927 - Henri Bergson
1958 - Boris Pasternak
1966 - Shmuel Yosef Agnon
1966 - Nelly Sachs
1976 - Saul Bellow
1978 - Isaac Bashevis Singer
1981 - Elias Canetti
1987 - Joseph Brodsky
1991 - Nadine Gordimer World


1911 - Alfred Fried
1911 - Tobias Michael Carel Asser
1968 - Rene Cassin
1973 - Henry Kissinger
1978 - Menachem Begin
1986 - Elie Wiesel
1994 - Shimon Peres
1994 - Yitzhak Rabin


1905 - Adolph Von Baeyer
1906 - Henri Moissan
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1910 - Otto Wallach
1915 - Richard Willstaetter
1918 - Fritz Haber
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1943 - George Charles de Hevesy
1944 - Isidor Issac Rabi
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1961 - Melvin Calvin
196 2 - Lev Davidovich Landau
1962 - Max Ferdinand Perutz
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - William Howard Stein
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976 - Burton Richter
1977 - Ilya Prigogine
1978 - Arno Allan Penzias
1978 - P eter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Roald Hoffmann
1982 - Aaron Klug
1985 - Albert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1989 - Sidney Altman
1990 - Jerome Friedman
1992 - Rudolph Marcus
1995 - Martin Perl
2000 - Alan J. Heeger


1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Robert Fogel


1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herb ert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Roselyn Sussman Yalow
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1995 - Edward B. Lewis


The Jews are NOT promoting brain washing children in military training camps, teaching them how to blow themselves up and cause maximum deaths of Jews and other non Muslims!

The Jews don't hijack planes, nor kill athletes at the Olympics, or blow themselves up in German restaurants. There is NOT one single Jew that has destroyed a church. There is NOT a single Jew that protests by killing people.

The Jews don't traffic slaves, nor have leaders calling for Jihad and death to all the Infidels.

Perhaps the world's Muslims should consider investing more in standard education and less in blaming the Jews for all their problems.

Muslims must ask 'what can they do for humankind' before they demand that humankind respects them!!

Regardless of your feelings about the crisis between Israel and the Palestinians and Arab neighbors, even if you believe there is more culpability on Israel 's part, the following two sentences really say it all:

'If the Arabs put down their weapons today, there would be no more violence.
If the Jews put down their weapons today, there would be no more Israel '.

-Benjamin Netanyahu

Sunday, July 4, 2010

This Week on TV

This Week on TV

An American Patriot's Thoughts in 2010

It’s two oclock in the morning July 4th 2010. I find myself thinking about the crossroads that Americans find themselves. Are we to allow the most corrupt government in the history of America to continue it’s annilation of our beloved land, or are we going to clean out the house and reclaim it? I wonder what our founding fathers would think of us?

We had become so busy with our lives we failed to see the freedoms we so cherished slipping through our fingers one by one. We became so insulated to what our leaders were saying that we grew lazy in our pursuit of excellence in leadership. We were content to follow those that tickled our ears and massaged our egos.

I think of the men and woman who sacrificed, fought and died to preserve our country in our beginnings and those that are still fighting today and how casually we have let our nation go to seed without any will to stay the course to preserve it.

Now is the time and now is the day that we must take up our beds and walk the streets waking the sleepers to the dangers. We are in danger of losing all that we hold dear if we do not act now.

We must rise up and wrestle our country and its freedoms back from those internal invaders that have but one agenda and that is to destroy us from within economically, spiritually, and ideologically.

We must not go softly into this night but fight fight the dying of lady liberty’s light.

Let us pledge before God this day and before our fellow Americans to make this a new Independence Day free from dependence on government handouts taken from other hard working Americans. Let us pledge to do all we can to live, thrive and survive by the sweat of our own brow and choose leaders that do the same.

God Bless America