07 April, 2011

Thursday, April 7th

Just a Thought

When Ronald Reagan came to office the country was a mess, even worse than now.  Unemployment wasn;t as high, but it was close, however, inflation and interest rates were much higher.  What di Reagan do to invigorate the economy?  CUT TAXES.  He reduced 7 tax codes to 3.  The rates were 15%, 25% and 35%.  Quite frankly, I would have preferred 10%, 15% and 20%.
However, perhaps we are looking at this all wrong.  Maybe what we need to do is have those rates at 20%, 15% and 10%.  Think about it, you have a family of 4, an un wed mother and three bastard children.  She is able to live off Welfare.  What incentive is there for that person? 
Now, tax her at 20% and let me tell you, she is going to find a job that pays more so that she pays less to the gov't. and takes home more.
Meanwhile, the wealthiest 1% is only paying 10% in taxes freeing up a tremendous amount of venture capital to perhaps spur on that poorest 10% of the population.
Just a thought.


GOP offers One Week Extension to Avoid Gov't. Shutdown: Reid and Obama say no!

http://news.yahoo.com/s/ap/20110407/ap_on_re_us/us_spending_showdown


Israeli "Iron Dome" stops first rocket launched

http://www.ynetnews.com/articles/0,7340,L-4053837,00.html


Fighting in Gaza Heats Up

http://ca.news.yahoo.com/two-injured-gaza-mortar-israel-hits-back-20110407-061935-718.html


P.I.G.S. to become P.I.G.S. r U.S. as U.S. goes same route as Portugal, Ireland, Greece and Spain!

http://www.cnbc.com/id/42452207


Japan Struck by 7.4 Quake  (size of quake revised up since article went out on wires)

http://news.yahoo.com/s/ap/as_japan_earthquake



California Bill Would Require Teaching Sexual Perversion to Students

http://www.foxnews.com/us/2011/04/06/include-gay-rights-movement-info-california-textbooks-clears-hurdle/


Obama, Congress to Get Paid if Gov't. Shuts Down!  You won't get your Disability Check if you're a Veteran, You Won't Get Your Social Security if you're a Retiree, You Won't Get Your Tax Refund from the gov't. that already OVER TAXES you, BUT THE POLTICAL ELITE GET PAID!

http://content.usatoday.com/communities/onpolitics/post/2011/04/congress-pay-government-shutdown-/1




Nearly 2/3rd's of Americans Say They are Over Taxed: Imagine my surprise!

http://www.rasmussenreports.com/public_content/business/taxes/april_2011/64_say_americans_are_overtaxed_political_class_disagrees


Trump Passes Romney in N.H.; News Flash people, neither one is the answer!  We need a statesman, NOT a businessman to run this country!

http://www.newsmax.com/InsideCover/Trump-Romney-NewHampshire-poll/2011/04/05/id/391855?s=al&promo_code=C077-1


Gun Owners Have Right to Privacy


http://townhall.com/columnists/johnstossel/2011/04/06/gun_owners_have_a_right_to_privacy


Rep. Ryan's Plan for Growth

http://finance.townhall.com/columnists/larrykudlow/2011/04/06/paul_ryans_growth_budget


Spreading Wealth, The Right Way

http://townhall.com/columnists/calthomas/2011/04/05/spreading_wealth_the_right_way


Tea Party on Gov't: Shut 'er Down!

http://townhall.com/columnists/richgalen/2011/04/06/othodoxy


That's the night that the net went out in...Armenia?

http://www.guardian.co.uk/world/2011/apr/06/georgian-woman-cuts-web-access