2010-11-01

election 2010

read a post on investors.com by Thomas Sowell Posted 10/29/2010 07:11 PM ET... Will Voters Set U.S. Free From Obama's Hold?
just have a few comments on his points.

These include threats against people who simply choose to express opinions counter to administration policy, such as a warning to an insurance company that there would be "zero tolerance" for "misinformation" when the insurance company said that ObamaCare would create costs that force up premiums.

Zero tolerance for the right of free speech guaranteed by the Constitution?

i do admire that he made sure to add "misinformation" and i for one am totally concur on "zero tolerance" for misinformation... because isn't misinformation just a nice way to say "YOU LIE!!" ??

As more businesses reveal that they are considering no longer buying health insurance for their employees, as a result of higher costs resulting from ObamaCare legislation, the administration has announced that it can grant waivers that reduce these costs.

horsefeathers... these companies are most likely revealing this because it will reduce costs... giving businesses an easy way out on commitments made to employees.

Recent proposals from the Obama administration to force disclosure of the names of people who sponsor election ads would likewise open all who disagree with Obama to retaliation by the government itself, as well as by community activists and others.

only the right to a private vote is protected... i am not so sure the right to sponsor election advertisements SHOULD be private. seems to me, if you want free speech to be protected you should be able to live with the consequences of your speech. period.

We have a strange man in the White House. This election is a crossroads, because either his power will be curbed by depriving him of his huge congressional majorities or he will continue on a road that jeopardizes our freedom and our survival.

strange? maybe.. but "the decider" scared me more, and look at the mess he left us with.. sheesh... talk about "gettin' when the gettin's good"
anyway, the only thing that jeopardizes our freedom, is a misinformed citizenry. 

and while i'm at it... take a look at Summary of Latest Federal Individual Income Tax Date

The amount of individual income taxes paid fell substantially in 2008, by $84 billion, and nationally, average income tax rates were at their lowest levels since 2004. The average tax rate for returns with a positive liability went from 12.68 percent in 2007 to 12.24 percent in 2008.

did all these 'less taxes paid' help the economy? are you better off than you were in 2000? if you're not better off than you were in 2008... it's that "trickle-down" hitting ya on the head. get an umbrella, it's only going to get worse.[oh, and don't buy gold... if it gets as bad as the infopundits are spewing.. you're gonna need lead and reloading equipment... that gold has a higher melting point than lead.. so do yaself a favor. buy lead.]

back to the point i was making... thanks to the Bush Era Tax Cuts... we are at a crossroads... do you feel that the price for living in the USA should be less? are you willing to give up public education? public utilities? libraries? highway funding? medicaid? medicare? social security? financial aid so maybe those that have the ability can get a higher education?

i hear people complaining about capital gains tax... the tax rate varies from 0% to 15%... that is not a bad tax to pay for income.

also, the top 1% in 2008 averaged about $1,205,000 per income tax filed, while the bottom 50% averaged around $15,000. so YES... if you make more, you should pay more... how many of you can live on 15K a year?

a loaf bread costs the same, whether you make $1.2M or $15K.