Tag Archives: The Rich

New Michele Bachmann interviews on the economy

Let Americans spend their own money

Time to prioritize spending

Obama’s plan is to raise your taxes

Can we pay for Obama’s deficits by taxing ONLY the “rich”?

No, and George Mason University economist Walter Williams explains why.

Excerpt:

This year, Congress will spend $3.7 trillion dollars. That turns out to be about $10 billion per day. Can we prey upon the rich to cough up the money? According to IRS statistics, roughly 2 percent of U.S. households have an income of $250,000 and above. By the way, $250,000 per year hardly qualifies one as being rich. It’s not even yacht and Lear jet money. All told, households earning $250,000 and above account for 25 percent, or $1.97 trillion, of the nearly $8 trillion of total household income. If Congress imposed a 100 percent tax, taking all earnings above $250,000 per year, it would yield the princely sum of $1.4 trillion. That would keep the government running for 141 days, but there’s a problem because there are 224 more days left in the year.

How about corporate profits to fill the gap? Fortune 500 companies earn nearly $400 billion in profits. Since leftists think profits are little less than theft and greed, Congress might confiscate these ill-gotten gains so that they can be returned to their rightful owners. Taking corporate profits would keep the government running for another 40 days, but that along with confiscating all income above $250,000 would only get us to the end of June. Congress must search elsewhere.

According to Forbes 400, America has 400 billionaires with a combined net worth of $1.3 trillion. Congress could confiscate their stocks and bonds, and force them to sell their businesses, yachts, airplanes, mansions and jewelry. The problem is that after fleecing the rich of their income and net worth, and the Fortune 500 corporations of their profits, it would only get us to mid-August. The fact of the matter is there are not enough rich people to come anywhere close to satisfying Congress’ voracious spending appetite. They’re going to have to go after the non-rich.

Obama is going to have to tax you and me to pay for his trillions of dollars in spending.

Suicidal Florida school board gunman was a progressive atheist

You’re not going to hear this reported in the news, because it doesn’t fit the narrative.

Here’s the scoop from Verum Serum. Where else?

Video of a progressive atheist engaging in some secular humanism.

John of Verum Serum writes: (with links)

Did he have “caps” and not real bullets as someone in the video claims? According to the AP, Duke killed himself with his own gun. So it appears the bullets were real and the people on the board were very lucky (or very blessed) to avoid being killed.

We know the media loves stories about right-wing violence, but it’s going to be hard to spin Clay Duke into a Tea Party terrorist. His Facebook page contains a kind of suicide note which references the movie V for Vendetta (a film in which the “hero” blows up Parliament). His religion is listed as “humanist” which means he was an atheist. He also quotes part of Shelley’s poem Masque of Anarchy, not a Tea Party favorite. (click for full size)

Also interesting is the list of favorite websites he provides, including Media Matters and The Progressive Mind along with about a dozen others.

Read the rest of the post to see how the media makes much of some stories where conservatives can be smeared, but how it covers up stories like this one. And it also covers up stories where the victims are conservatives. You’ve probably never heard of Kenneth Gladney.

This reminds me of the last radical leftist environmentalist who shot up the Discovery Channel building. He was inspired by Democrat environmentalist Al Gore. The gunman loved evolution. And he didn’t like “greed” or “religion” either.

The gunman doesn’t like the rich

The gunman’s Facebook page screen shot says this: “I was born in a country where the Wealthy manipulate, use, abuse and economically enslave 95% of the population… Our Masters, the Wealthy, do as they like to us.”

The wealthy? That sounds a lot like “the rich”, doesn’t it?

And who do we know who rants against “the rich”?

Barack Obama doesn’t like the rich

Here he is talking about taxing the rich.

Here is Barack Obama calling in Democrats to “argue with them and get in their face.“.

Not to mention asking Latinos to come out and “punish our enemies“.

Could Obama have incited this gunman to violence with his hate speech?

Paul Ryan debates on the relationship between tax rates and job creation

On the Larry Kudlow show, discussing incentives and economics.

Here’s Paul Ryan on MSNBC talking about the budget and tax rates.

The Democrats on MSNBC really respect him.

And here’s Marsha Blackburn, too – on Fox News.

I’m getting very depressed about this economy, but it makes me happy to see these two fighting for me.