Posts Tagged ‘government’

The Consumer Price Index or CPI…

June 22, 2011

Previously, I have mentioned that the Inflation number that the “government” uses is too low.  I have also said that the government has a VESTED interest in this number remaining low.  This post does not mean to single out one political party over another, as they BOTH do this manipulation.  I am merely using the current administration as an example, because they are the current administration.

Please read this article from Dow Jones as posted on the NASDAQ website.  And this one is a follow up from Zerohedge.  Below are a few quotes:

“Those talks involve Democratic and Republican lawmakers from both chambers and are led by Vice President Joe Biden.”  See, both sides are involved.  It appears as though Vice President “The new sheriff in town” Biden, the one that was over seeing TARP so that NO money was “misused”, is proposing the changes.

“Such a move is widely seen by economists as resulting in a slower rise in inflation. That would impact an array of federal programs that are linked to CPI including the Social Security program and income tax brackets set by the federal government.”  This means that two things WILL happen.  1)  Social Security payments will not rise as quickly, most likely TRAILING real inflation, and 2)  the changes in Income Tax Brackets will not rise with inflation (meaning when you tell your boss that you need more money to survive, and they give you a “raise” (LOL, sorry), that you will be paying more in taxes).  I call this a STEALTH TAX.

Lawmakers are considering changing how the Consumer Price Index is calculated, a move that could save perhaps $220 billion…”  This money comes from YOU!!  This comes from any “program” that is indexed to the CPI.  The main one being Social Security.  This is NOT a “tax on the RICH”!!  This is a tax on average America.  But the politicians are trying to get away with this “manipulation”, without calling it a TAX.  The Government is AGAIN attempting to manipulate the numbers, so that what they ARE doing looks better.

Here is some talk about the changes to the CPI calculation.  And here is an analysis that puts the current CPI well above 5% from Shadowstats

I will say it again, the Government has a VESTED interest in the “reported inflation rate” remaining low, not 0% or below.  The number that they “use” IS incorrect as it relates to average America, and the errors benefit the Government ALWAYS!  We need to remove this system from the control of corrupt/ignorant politicians.  Go back to the original formula.  Do not let them have the power to change it.  MAKE them live with the same Inflation that WE are experiencing!

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Immigration Law in Arizona

May 19, 2010

If you have not read the “New Immigration Law” that has been passed in Arizona, here is a link to it.  If you do not want to read it, it basically says that Law Enforcement in Arizona can basically enforce EXISTING Federal law.  To expose the faulty arguments against this law I suggest the following publicity event.

Gather as many people as possible, go to Washington D.C., and simultaneously jump the fence at the White House.  Inform the media that an event is going to take place (where and when), have as many cameras recording the event as possible.  Unlike illegal aliens, DO NOT cause any damage or break any laws.  Wait for the reaction of the White House Security and then ask the President (at a Beer summit) to explain the difference between this event and every day in Arizona.  A twist, that could be involved with this event, would be to have all of the participants of the same race (say caucasian) and claim that White House security is racially motivated and discriminatory.  Ask for the NAACP and ACLU to provide defense for the people arrested.  I think it will be telling to see the reactions (or lack there of) of all organizations that have voiced their opinions about the Arizona Law.

Unintended Consequences…

August 20, 2009

Let’s assume for the moment that President Obama and the current Democrat led circus get their wish and pass the National Health Care fiasco. EVERYONE will be able to go to the doctor and all of the ills will be cured…..for a “reasonable cost”. Whew, everything is perfect now.

Only to get to the “reasonable cost”, the government is setting price controls on Doctors, Hospitals, Pharmaceuticals, etc.  Do you think that these groups will LOBBY the people that make those decisions??  You know, kinda like the Pharmaceutical companies are planning on spending $180 MILLION just for advertising FOR the National Health Care plan currently proposed.  They will try and convince whoever is making the decisions about “reasonable cost” that their “costs” are more “reasonable than another groups “costs”.

Pretty soon, the government is going to “CAP” doctor pay.  Think they can’t??  Ask the banks or wall street firms or car manufacturers or insurance companies that were just told what they could pay someone.  Or just ask the Pay CZAR.  OK, so what if they “CAP” doctors pay?? you say.

I see ALL of the best doctors moving their practice OFFSHORE.  Do you think that these doctors, who have plenty of money, won’t move, to say….Bermuda (or someplace similar), to set up a practice for the people that can afford the best care?  The weather is great, there are no income taxes, costs are much less, and they would not have to deal with the government of the USA!!!!  The rich will STILL go to them for the BEST care and might complain about the cost.  Then again they might not complain.

I will not blame the doctors that discover offshoring.  If any doctor reading this needs help moving, please, send a comment.  I’m sure we can work something out.

Cost of Government Day

August 11, 2009

This year (2009) is the LATEST cost of Government day EVER. It occurs on August 12th.  It beats the previous longest year by 23 days.  That is MORE than 3 weeks, that every American (you know, those of us who work) had to work, to PAY for the Government.

How does that make you feel???

Do not worry, the rest of the year you can work for yourself and your family.  The Government will not be back UNTIL the New Year.

P.S.  This date does NOT include any of the costs of Cap and Trade and it does NOT include any of the costs for National Health Care!!!!

National Health Care

August 3, 2009

I have a question for ANYONE that feels that the “Government” should be invoved in Health Care in this country. 

I will ask it in a moment, but first I want to clarify some things.  Currently, the Obama administration, the Democrats in congress and the Democrats in the Senate are telling us that the public is clamoring for a solution, and that their solution (National Health Care) is the ONLY way to solve the problem.  They are ignoring the polls where some 80% of the public is happy with their coverage, or the FACT that the United States has the BEST medical care in the WORLD.

I am NOT saying that the system should not be improved.  I feel that there is too much inefficiency and costs are out of control.  But, I also feel that the involvement of the government WILL make the system worse and COST way too much.  Probably more than the $1 Trillion that has been thrown around.  If someone can show me ONE government program that has not gone over budget, I WILL show many that have.  For example, Social Security (projected to bankrupt in my lifetime), Medicare (I have NEVER heard anyone complain about this program…NOT), Medicaid (I have NEVER heard anyone complain about this program…NOT) and how about Cash-for-Clunkers (that budget, from the administration, did NOT last two weeks), there are many others.  So, now WE are supposed to trust them on this one.  I am SORRY, I cannot.

The question……

If the National Health Care system gets enacted, are you going to like the National Health Care system when Republicans get to make the decisions about coverage???

Please do not believe that the Democrats will forever run the White House, Congress, and the Senate.  And do not think that the coverages will NOT change with each change in party.  Let me make some observations.  Abortions – depends who makes the decision (Pro-life or Pro-choice).  Stem Cell therapies – depends who makes the decision (It was only 7 months ago that these were frowned upon).  Cancer treatments – maybe the patient does not have a good probability of survival, why spend the money?  I do not want a bureaucrat making those decisions for anyone in MY family!!

Will Chris Dodd (just diagnosed with Prostate Cancer) let ME decide what treatment he should get??  I will BET anyone, any amount of money that he will NOT.  I do not want HIM to make that decision for ME, or anyone in my family, either!!!!

Open Letter to Our Government

June 17, 2009

Here is a GREAT letter, addressed to those in our government. 

I agree with most of this letter.

Let me know what you think.

How much do YOU pay in taxes??

April 1, 2009

Before you read any further, I would like to ask you to think about your answer.  How much do YOU pay in taxes???

Here is the Wikipedia definition of taxes.

We define taxes as ANY amount of money that we are compelled to pay the Government.  The government/politicians (past and present) use many different words to define what they TAKE from us, the citizens.  These range from taxes to fees, fines, levies, tolls, etc.

Here is a chart that we have compiled that gives a rough estimation for the amount of taxes that people pay per state.  We have done two cases, the first is a person with a $30,000 Adjusted Gross Income, and the second is a person with a $100,000 adjusted Gross Income.  For a more detailed breakdown of our calculations and where we arrived at the rates click here.Tax Rates

To keep this simple we have assumed a Single Tax Filer and we are not going to include the people in this country that, according to the press, do not pay any(?) taxes. 

This is where we would like to start the discussion. 

As you can see our basic calculations show that someone making $30,000 can expect to pay a minimum 26.86% in Wyoming, up to a maximum (when we say maximum, we mean in our calculations, this does not include PASS THROUGH taxes) 46.34% in New Jersey.  That means that for every $1 that you earn in Wyoming you will pay 27 cents to the government.  Another way of looking at this number, you have to work until the middle of March before you earn any money for yourself.  In New Jersey, for every $1 that you earn you will pay 46 cents.  You have to work into June before you earn any money for yourself.

These calculations are CONSERVATIVE, meaning that we feel any errors that we have made, actually produce a lower tax rate than reality.  We have assumed, for instance, that this tax payer never buys alcohol or cigarettes.  The taxes on these products is ASTRONOMICAL.  Also, we have not included in our calculations the matching amounts (federal tax and medicare) that an employer pays, on the workers behalf.  This amounts to another 7.65% of the filer’s earnings.  Just add it to the above numbers.  These taxes are paid by the employer, so they are a part of doing business and are included in the final price of products.  Ultimately this tax is paid by the final consumer.  Just because we have not included it in our calculation, does NOT mean that this filer does not pay it.  Another tax that is not included is any telecommunications taxes or fees.  If you have a telephone, you pay something.  If you use the internet, you pay something.

How much of what you pay for any product, can be attributed to a tax?  Did the company, that you purchased the product from, have any shipping?  They paid tax on any fuel used in transportation, and have included that amount in the final purchase price you paid.  I guarantee it.  If they do not include it, they are operating at a loss and will not be in business long.  This is basic and not the only example of taxes that are PASSED THROUGH to the final consumer.

How much do you think you should pay in Taxes?

Do you feel that it should take 60,000 pages, of Tax Code, to compel people to pay these taxes?

Write your Representatives and Senators, both local and federal.  This is the only way we can change the status quo.