There’s a new tax going into effect on January 1, 2013, and there isn’t a thing that can be done about it. It’s called the “New Medicare Tax on Unearned Income.” It is being assessed at a rate of 3.8% ~ not on payroll or earned income, as it has always been in the past, […]
Via the SGT Report: Another ‘Black Friday’ has come and gone. And it has left us with further evidence of the complete madness of the populace of our nation. America has been dealt a fatal blow by corporate greed, Bankster malfeasance and the insidious nature of collectivism – and it’s all been done to us […]
Over the holiday weekend there were a few developments in the much-feared (yet completely-avoidable) approaching fiscal cliff that caught my attention. First, some Republican lawmakers began agreeing to tax increases despite earlier promises not to do so. I know! I’m just as shocked as you that a politician would break a promise! Republican Senators Bob Corker (TN), Saxby Chambliss (GA), and Lindsey Graham […]
I stumbled across something today called the Congressional Unmanned Systems Caucus. What is that, you ask? It’s 60 members of the US House of Representatives who are: Pushing for “public acceptance” of drones in the skies over America; Referring to themselves as the “voice on Capitol Hill” of the drone industry; Actively supporting further development, acquisition, and deployment of these systems to […]
A long time ago in a galaxy far, far away, America – and the world around it – was rapidly descending into Economic Hell. It was a protracted, confused, process called “the ‘70s.” A number of problems were causing recession, unemployment, and suffering, quantified by “the Misery Index” at twice the depth as today’s. America also was enmeshed […]
In thinking about politics and economics, one is considering how particular aspects of our society should function. Economics is basically the study of how society provisions its members (for an in depth description see Robert Heilbronner – “Behind the Veil of Economics”). Politics, on the other hand, is how the people combine to use power […]
“The essence of government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.” – James Madison Now that campaigns for office have come to a close, the political parties start an assessment process that follows every election. It is considered key political strategy to debrief properly […]
There is a lot of talk right now about the Republican Party being fractured. From what I see around me, this is very true. The fracture I see is between three factions: progressives (RINOs), Christian conservatives, and libertarians. Let me see if I can wade through the mess. Social liberalism, a.k.a. libertarianism, is a strange animal. I […]
Alternate Headline: “Housing Whores,” which actually might be both more appropriate and accurate. After years of recklessly backstopping toxic loans with little to no regard for fiscal implications, losses are swamping revenues over at the Federal Housing Administration. A new study released last week shows the FHA some $16 billion under water. So naturally, bailout. This […]
An Illinois animal rights group calling themselves SHARK has embarked on an all-out crusade against Wing Pointe, an exclusive Pennsylvania hunt club that hosts legal pigeon shoots on their own property. Most recently, SHARK upped the ante by launching an aerial drone, hoping to hover the thing over the shooters while capturing live video of the shoot. Not surprisingly, however, […]
