"I think we have more machinery of government than is necessary, too many parasites living on the labor of the industrious." --Thomas Jefferson
The free market won't stop us: "The powerful, political lobby, the cynical tactics of opponents of reform are not going to stop us from getting this right." --Joe Biden on financial "reform"
Let me help: "Every day we don't act, the same system that led to bailouts remains in place, with the exact same loopholes and the exact same liabilities. And if we don't change what led to the crisis, we'll doom ourselves to repeat it." --Barack Obama, calling for piling on more of the regulations that helped cause the financial meltdown
The BIG Lie: "I, like most of the American people, don't begrudge people success or wealth. That is part of the free-market system." --the Redistributor-in-Chief
Tell them what they want to hear: "Can I just say again Barbara [Boxer] and I are supportive of repealing don't ask, don't tell." --BO at a California fundraiser for Boxer, being "yelled down" by homosexual protesters
Yeah, that's the ticket: "Democrats are for protecting the peoples' interest; Republicans are protecting the special interests." --House Speaker Nancy Pelosi (D-CA), representative of the trial lawyers, unions, homosexual activists, race baiters, envirofascists, Hollywood loonies, corporate fat cats, etc., etc., etc.
"Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself. ... Economic freedom is also an indispensable means toward the achievement of political freedom." --economist Milton Friedman (1912-2006)
"It's awful hard to get people interested in corruption unless they can get some of it." --humorist Will Rogers (1879-1935)
"President Obama is nothing if not a clever operator. He accepts $994,795 in campaign contributions from Goldman Sachs -- then turns around when it's convenient and uses them as a model for why we need to heavily regulate the financial sector." --columnist Ben Shapiro
The tea partiers ... recognize, correctly, that the Obama Democrats are trying to permanently enlarge government and increase citizens' dependence on it. And, invoking the language of the Founding Fathers, they believe that this will destroy the culture of independence which has enabled Americans over the past two centuries to make this the most productive and prosperous -- and the most charitably generous -- nation in the world." --political analyst Michael Barone
"When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it -- after the 16th Amendment is repealed. A VAT will be rationalized as necessary to restore fiscal equilibrium. But without ending the income tax, a VAT would be just a gargantuan instrument for further subjugating Americans to government." --columnist George Will
"In years to come -- assuming, for the purposes of argument, there are any years to come -- scholars will look back at President Barack Obama's Nuclear Security Summit and marvel. ... He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago -- and Iran wasn't on the agenda." --columnist Mark Steyn
"Speaking of those huddled masses yearning to breathe free, the Obama administration, led by Sec. Clinton, is pressuring Kenya to adopt abortion on demand. Kenya, like many African states, abhors the destruction of unborn life. Obama and Mrs. Clinton are unwilling to 'interfere' with Iran's internal affairs, but they are most willing to muscle pro-life Kenya." --columnist Ken Blackwell
"[L]iberals who like [Justice] Stevens' rulings insist he understands the plight of the downtrodden, despite the fact that the nearly 90-year-old justice was born rich and has served on the court for almost 35 years, becoming more liberal as he has become more distant from life as lived by the little guys. Meanwhile, Clarence Thomas was born dirt poor and black in rural Georgia and spends his vacations exploring America in an RV. But those same liberals insist he doesn't understand poverty and race the way Stevens does. How do they know? Because they don't like his rulings." --columnist Jonah Goldberg
Thank you for coming to the Mad American Club. Here everyone can post comments and suggest topics to discuss. We all are Americans that care for the future of our country, we just defer at times on how that future looks and how to get there
Wednesday, April 21, 2010
Tuesday, April 20, 2010
Grandpa's letter says it all
John G. Is 63 years old and owns a small business.. He's a life-long Republican and sees his dream of retiring next year has all but evaporated. With the stock market crashing and new taxes coming his way, John assumes now that he will work to his dying day.
John has a granddaughter. Ashley is a recent college grad. She drives a flashy hybrid car, wears all the latest fashions, and loves to go out to nightclubs and restaurants. Ashley campaigned hard for Barack Obama. After the election she made sure her grandfather (and all other Republican family members) received a big I told-you-so earful on how the world is going to be a much better place now that her party is taking over.
Having lost both roommates, Ashley recently ran short of cash and cannot pay the rent (again) on her 3 bedroom townhouse. Like she has done many times in the past, she e-mailed her grandfather asking for some financial help.
Here is his reply:
________________________________
Sweetheart, I received your request for assistance.
Ashley, you know I love you dearly and I'm sympathetic to your financial plight. Unfortunately, times have changed. With the election of President Obama, your grandmother and I have had to set forth a bold new economic plan of our own..."The Ashley Economic Empowerment Plan." Let me explain.
Your grandmother and I are life-long, wage-earning tax payers. We have lived a comfortable life, as you know, but we have never had the fancier things like European vacations, luxury cars, etc. We have worked hard and were looking forward to retiring soon. But the plan has changed. Your president is raising our personal and business taxes significantly. He says it is so he can give our hard earned money to other people. Do you know what this means, Ashley? It means less for us, and we must cut back on many bus iness and personal expenses.
You know the wonderful receptionist who worked in my office for more than 23 years? The one who always gave you candy when you came over to visit? I had to let her go last week. I can't afford to pay her salary and all of the government mandated taxes that go with having employees. Your grandmother will now work 4 days a week to answer phones, take orders and handle the books. We will be closed on Fridays and will lose even more income to Wal-Mart.
I'm also very sorry to report that your cousin Frank will no longer be working summers in the warehouse. I called him at school this morning. He already knows about it and he's upset because he will have to give up skydiving and his yearly trip to Greenland to survey the polar bears.
That's just the business side of things. Some personal economic effects of Obama's new taxation policies include none other than you. You know very well that over the years your grandmother and I have given you thousands of dollars in cash, tuition assistance, food, housing, clothing, gifts, etc. But by your vote, you have chosen to help others -- not at your expense -- but at our expense.
If you need money now sweetheart, I recommend you call 202-456-1111. That is the direct phone number for the White House. You can also contact the White House here: http://www.whitehouse.gov/CONTACT/.
You yourself told me how foolish it is to vote Republican. You said Mr Obama is going to be the People's President, and is going to help every American live a better life. Based on everything you've told me, along with all the promises we heard during the campaign, I'm sure Mr. Obama will be happy to transfer some stimulus money into your bank account. Have him call me for the account number which I memorized years ago.
Perhaps you can now understand what I've been saying all my life: those who vote for a president should consider the impact on the nation as a whole, and not be just concerned with what they can get for themselves. What Obama supporters don't seem to realize is all of the money he is redistributing to illegal aliens and non-taxpaying Americans (the so-called "less fortunate") comes from tax-paying families.
Remember how you told me, "Only the richest of the rich will be affected"? Well guess what, honey? Because we own a business, your grandmother and I are now considered to be the richest of the rich. On paper, it might look that way, but in the real world, we are far from it.
As you said while campaigning for Obama, some people will have to carry more of the burden so all of America can prosper. You understand what that means, right? It mea ns that raising taxes on productive people results in them having less money; less money for everything, including granddaughters.
I'm sorry, Ashley, but the well has run dry. The free lunches are over. I have no money to give you now. So, congratulations on your choice for "change." For future reference, I encourage you to try and add up the total value of the gifts and cash you have received from us, just since you went off to college, and compare it to what you expect to get from Mr. Obama over the next 4 (or 8) years. I have not kept track of it, Ashley. It has all truly been the gift of our hearts.
Remember, we love you dearly... but from now on you'll need to call the number mentioned above. Your "Savior" has the money we would have given to you.
Just try and get it from him.
Good luck, sweetheart.
Love, Grandpa
John has a granddaughter. Ashley is a recent college grad. She drives a flashy hybrid car, wears all the latest fashions, and loves to go out to nightclubs and restaurants. Ashley campaigned hard for Barack Obama. After the election she made sure her grandfather (and all other Republican family members) received a big I told-you-so earful on how the world is going to be a much better place now that her party is taking over.
Having lost both roommates, Ashley recently ran short of cash and cannot pay the rent (again) on her 3 bedroom townhouse. Like she has done many times in the past, she e-mailed her grandfather asking for some financial help.
Here is his reply:
________________________________
Sweetheart, I received your request for assistance.
Ashley, you know I love you dearly and I'm sympathetic to your financial plight. Unfortunately, times have changed. With the election of President Obama, your grandmother and I have had to set forth a bold new economic plan of our own..."The Ashley Economic Empowerment Plan." Let me explain.
Your grandmother and I are life-long, wage-earning tax payers. We have lived a comfortable life, as you know, but we have never had the fancier things like European vacations, luxury cars, etc. We have worked hard and were looking forward to retiring soon. But the plan has changed. Your president is raising our personal and business taxes significantly. He says it is so he can give our hard earned money to other people. Do you know what this means, Ashley? It means less for us, and we must cut back on many bus iness and personal expenses.
You know the wonderful receptionist who worked in my office for more than 23 years? The one who always gave you candy when you came over to visit? I had to let her go last week. I can't afford to pay her salary and all of the government mandated taxes that go with having employees. Your grandmother will now work 4 days a week to answer phones, take orders and handle the books. We will be closed on Fridays and will lose even more income to Wal-Mart.
I'm also very sorry to report that your cousin Frank will no longer be working summers in the warehouse. I called him at school this morning. He already knows about it and he's upset because he will have to give up skydiving and his yearly trip to Greenland to survey the polar bears.
That's just the business side of things. Some personal economic effects of Obama's new taxation policies include none other than you. You know very well that over the years your grandmother and I have given you thousands of dollars in cash, tuition assistance, food, housing, clothing, gifts, etc. But by your vote, you have chosen to help others -- not at your expense -- but at our expense.
If you need money now sweetheart, I recommend you call 202-456-1111. That is the direct phone number for the White House. You can also contact the White House here: http://www.whitehouse.gov/CONTACT/.
You yourself told me how foolish it is to vote Republican. You said Mr Obama is going to be the People's President, and is going to help every American live a better life. Based on everything you've told me, along with all the promises we heard during the campaign, I'm sure Mr. Obama will be happy to transfer some stimulus money into your bank account. Have him call me for the account number which I memorized years ago.
Perhaps you can now understand what I've been saying all my life: those who vote for a president should consider the impact on the nation as a whole, and not be just concerned with what they can get for themselves. What Obama supporters don't seem to realize is all of the money he is redistributing to illegal aliens and non-taxpaying Americans (the so-called "less fortunate") comes from tax-paying families.
Remember how you told me, "Only the richest of the rich will be affected"? Well guess what, honey? Because we own a business, your grandmother and I are now considered to be the richest of the rich. On paper, it might look that way, but in the real world, we are far from it.
As you said while campaigning for Obama, some people will have to carry more of the burden so all of America can prosper. You understand what that means, right? It mea ns that raising taxes on productive people results in them having less money; less money for everything, including granddaughters.
I'm sorry, Ashley, but the well has run dry. The free lunches are over. I have no money to give you now. So, congratulations on your choice for "change." For future reference, I encourage you to try and add up the total value of the gifts and cash you have received from us, just since you went off to college, and compare it to what you expect to get from Mr. Obama over the next 4 (or 8) years. I have not kept track of it, Ashley. It has all truly been the gift of our hearts.
Remember, we love you dearly... but from now on you'll need to call the number mentioned above. Your "Savior" has the money we would have given to you.
Just try and get it from him.
Good luck, sweetheart.
Love, Grandpa
Thursday, April 15, 2010
April 15, Tax Day
"An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation." --Justice John Marshall, McCullough v. Maryland, 1819
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