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Archived News
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Sunday July 11th, 2010
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Taxation is Theft, and Theft Cannot Be "Reformed"
posted 07/11/2010, 1:58 PM (Alex R. Knight III)
[Category: Commentary]
Ryan Ellis of Americans for Tax Reform recently outlined an outrageous — if somewhat predictable — reality that will begin on January 1, 2011: A host of existing federal tax rates will increase, and a myriad of brand new Obamacare related taxes will also go into effect. In summation, it will be the largest tax increase in American history.
Just to cite a few examples, the lowest taxpaying wage earners will pay five percent more than they do now. Those inheriting estates worth over one million dollars will pay a crushing 55% tax. Capital gains taxes will go up another five percent, and dividends taxation will more than double from 15% to almost a whopping 40%. Any and all charitable contributions from IRAs will be banned outright.
How did any of this usury get started? The typical statist answer, of course, is to blame Obama and the leftist Democrats for heavy government spending and jamming socialism down everyone's throat — as if Republicans had nothing to do with any of these tax hikes. And for that matter, then, where have Republicans ever made a serious effort to rescind and repeal these taxes and abolish the IRS? A few, like Ron Paul, have introduced bills to do just that, but those that even made it out of some preposterous conference committee only received a laughable handful of votes.
The real reason this institutionalized slavery exists is fundamentally inherent to the nature of governments themselves. All of them. Democracies, dictatorships, republics, you name it. In order to exist in the first place, governments must steal the earnings of others by force (or by the very real threat of it) in order to finance all the police, guards, soldiers and other agents of the State who work for it. It must also, in addition to providing loot and weapons to its employees in order to insure loyalty, convince them — at least to a certain degree — that what they are doing and defending is both noble and necessary... (more) |
President Obama is Not "Anti-Business" -- He's Just Anti-Free Market
posted 07/11/2010, 1:58 PM (Washington Examiner)
[Category: Commentary]
President Obama is not "anti-business," as many conservative critics charge. He's just anti-free market. To better understand this distinction, just look at his latest initiative: trying to double U.S. exports in five years.
Obama's National Export Initiative, embraced by the big business lobby, is a raft of subsidies, handouts and "public-private partnerships." Obama uses the phrase "free trade" to describe this push, but there's nothing free about corporate welfare.
... (more) |
Senate bill would make airport body scanners mandatory
posted 07/11/2010, 1:58 PM (Raw Story)
[Category: Big Brother/Orwellian]
 A bipartisan bill introduced in the Senate requiring all airports to use full-body scanners lacks sufficient privacy safeguards, says a prominent watchdog group.
The Electronic Privacy Information Center says the bill, introduced in the Senate by Sen. Bob Bennett (R-UT) and Sen. Amy Klobuchar (D-MN), "contains particularly weak privacy provision[s] that ignore many of the problems with the devices already uncovered."
The (more) |
Elderly man facing serious charges for shooting at thieves
posted 07/11/2010, 1:58 PM (KWGN Denver)
[Category: Tyranny/Police State]
 WHEAT RIDGE, Colo. - Legal analyst Dan Recht said he believes the Jefferson County District Attorney is "seriously overcharging" a Wheat Ridge homeowner, accused of attempted first degree murder for shooting at two thieves.
82-year-old Robert Wallace said he fired two shots at two men when they tried to run him over while stealing his flatbed trailer.
Wallace now faces twelve felony counts, including four counts of attempted first degree murder, for what he describe... (more) |
Hundreds of FBI, DEA and ICE Agents Fall Victim to Ponzi Scheme
posted 07/11/2010, 1:58 PM (AOL News)
[Category: General]
(July 8) -- FBI agents are supposed to unearth scams, not become victims of them. This time is different.
Some 300 retired and current federal agents -- representing the FBI, the Drug Enforcement Administration and Immigration and Customs Enforcement -- collectively invested tens of millions of dollars of retirement money in what turned out to be a Ponzi scheme allegedly run by a Florida man who committed suicide last month, an attorney in the case said.
The FBI and... (more)Interesting how the man "committed suicide" last month. |
ACLU: Univ. of Wash. police spied on activists
posted 07/11/2010, 1:57 PM (Associated Press)
[Category: Big Brother/Orwellian]
SEATTLE — A civil rights group released documents yesterday that illustrated the extent that University of Washington police spied on a student activist group.
The school's Student Worker Coalition first learned that it had been infiltrated in April, when members saw one of the group's new adherents at her day job — as a uniformed University of Washington policewoman. At the time, the group had been planning a campus demonstration in support of custodial workers facing the prospec... (more) |
More and more Americans preparing for social unrest
posted 07/11/2010, 1:57 PM (AFP)
[Category: General]
From the outside, Jerry Erwin's home in the northwestern US state of Oregon is a nondescript house with a manicured front lawn and little to differentiate it from those of his neighbors.
But tucked away out of sight in his backyard are the signs of his preparations for doomsday, a catastrophic societal collapse that Erwin, 45, now believes is likely within his lifetime.
"I've got, under an awning, stacks of firewood, rain catching in barrels, I've got a shed with ba... (more) |
Amazongate: why it matters
posted 07/11/2010, 1:57 PM (James Delingpole)
[Category: Science/Technology]
In the war for the truth about “Man-Made Global Warming”, the Amazongate batttle won by Christopher Booker and Dr Richard North represents the most significant victory since Climategate.
It has been a long time coming. These last three or four months have been a pretty desperate time for us climate realists. Time and again we’ve shown the IPCC process –... (more) |
Inhofe slams EPA push to revive Superfund taxes
posted 07/11/2010, 1:57 PM (The Hill)
[Category: Economy]
The top Republican on the Senate Environment and Public Works Committee on Tuesday accused the Obama administration of exploiting the Gulf of Mexico oil spill to seek political traction for taxes on petroleum companies.
The comments by Sen. James Inhofe (R-Okla.) come a day after the U.S. EPA called for reinstatement of lapsed taxes on oil companies and chemical makers used to fund hazardous waste site cleanups through the federal Superfund program.
Inhofe, speaking... (more)Basically they're going to tax everyone to pay for some slush fund which will be used (supposedly) to bailout whatever incompetent corporation is actually liable. So basically they're creating even more incentives for companies to take even more excessive risks because someone else will pay for their damages. Brilliant. - Chris |
Australian vegetables poisoned as police probe sabotage
posted 07/11/2010, 1:57 PM (BBC)
[Category: General]
Police in Australia are investigating the poisoning of seven million vegetable seedlings, including tomatoes, aubergines and melons.
Detectives believe a herbicide was injected into the irrigation system at a nursery in northern Queensland.
The Australian farm minister described the poisoning at a Queensland nursery - the fourth such incident in eight years - as "sabotage".
Farmers and analysts say the price of vegetables will increase as a result.... (more) |
LeBrononomics: How income taxes factored into Lebron James decision
posted 07/11/2010, 1:57 PM (Helium)
[Category: Economy]
Dan Gilbert, owner of the Cleveland Cavaliers called the decision by LeBron James to sign with the Miami Heat a “cowardly decision.” Since when does hanging on to an extra $12 million to $25 million constitute cowardice? To financial analysts (and most likely to LeBron) the “no-brainer” decision to head for Florida makes good business sense. |
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