(CNN) - He’s not running for office. He’s not part of a super PAC. He’s not lobbying for or against any ballot measures. But billionaire Thomas Peterffy is spending millions on television ads this election season with one cautionary message: Avoid socialism. “I grew up in a socialist country and I have seen what that does to people. […]
Why work when I can get £42,000 in benefits a year AND drive a Mercedes? (Thanks to Obama, this is coming to the city near you)
The Davey family’s £815-a-week state handouts pay for a four-bedroom home, top-of-the-range mod cons and two vehicles including a Mercedes people carrier.
Father-of-seven Peter gave up work because he could make more living on benefits.
Yet he and his wife Claire are still not happy with their lot.
With an eighth child on the way, they are demanding […]
Coming To America: Parents Of 7 Children Choose Not To Work Because Government Gives Them More In The UK
A family with 7 children in the UK makes so much money off of government benefits that the mother and father have decided not to work, and are having another child, according to the Daily Mail.
The couple Peter and Claire Davey, have not worked for 9 years and have lived off government subsidies. The family […]
Al Sharpton: ‘The American Public Overwhelmingly Voted for Socialism When They Elected President (We warned you back in 08)
Al Sharpton: ‘The American Public Overwhelmingly Voted for Socialism When They Elected President Obama’ By Jeff Poor Created 03/22/2010 - 08:04
Some of the American people probably thought they were voting for hope and change when they voted for President Barack Obama on Nov. 4, 2008. But according to Rev. Al Sharpton, they were voting for […]
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Federal Tax Revenue Drops $138 Billion
Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says. “It illustrates how severe the recession has been,” said study author Kerry Lynch.
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A debate in Washington could lead to you paying more for everything.
The possible tradeoff? Better health care for all.
Policymakers are debating a value-added tax, or VAT. Put simply, it’s a national sales tax. The concept was dismissed as a nonstarter among policymakers in the past, but is now wiggling its way into political conversation, according […]
Dr. Bob Basso, the guy that made the Youtube videos where he dresses up as Thomas Paine, coming back from the past to warn Americans about their country, received a call from yours truly, Barack Obama.
Apparently Obama was pissed off that Dr. Basso’s videos were gaining speed and he “invited him to the White House […]
“He goes and accuses me of exporting terrorism: the least I can say is that he’s a poor ignoramus; he should read and study a little to understand reality,” said Chavez, who heads a group of left-wing Latin American leaders opposed to the U.S. influence in the region.
(Excerpt) Read more at reuters.com …
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The estimated impact on disposable household income due to rising energy prices would then reach anywhere between $4,022 and $6,752. And because an energy tax is regressive, it will fall heaviest on poor and lower middle class folks who spend more of their income on energy.
President Obama himself described his plan in an interview with […]
Twitter cofounder and CEO Ev Williams is headed to the White House today.The administration invited him to join a “young business leaders” summit to discuss the economic crises.
As Ev himself puts it — in a Twitter message, of course — “[this] must mean they’re *really* out of ideas.”
A reminder: With 6 million members and 700% […]
[via CNN] Another prominent Republican told the Conservative Political Action Conference on Friday that the president’s spending plans are pushing the country to the brink of socialism.Sen. Jim DeMint of South Carolina, the only member of the senate to earn a perfect rating from the American Conservative Union, called President Obama “the world’s best salesman […]
The National Surface Transportation Infrastructure Financing Commission: “Raise gas tax, charge drivers by the mile”
According to AP, a special commission created by Congress, called “The National Surface Transportation Infrastructure Financing Commission” is endorsing two ideas suggested Transportation Secretary Ray LaHood to raise federal gasoline tax and charge drivers by the mile to pay for road projects.
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President Obama will propose further tax increases on the affluent to help pay for his promise to make health care more accessible and affordable, administration officials said on Wednesday. That plan, coming after recent years in which more wealth became concentrated at the top of the income scale, introduces a politically volatile new edge […]
Concrete evidence that the Media are in the tank for Obama - Media defends Obama’s $140 million for “volcano monitoring”
After President Obama’s speech on the economy last night, Louisiana Governor Bobby Jindal criticized government spending in the stimulus bill, citing examples including “$140 million for something called ‘volcano monitoring.’”
The $140 million to which Jindal referred is actually for a number of projects conducted by the United States Geological Survey, including volcano monitoring. This […]
[Via LA Times] The controversy over the validity of Barack Obama’s birth certificate is back on a burner with firebrand conservative Alan Keyes making serious new charges.
In a video (see below) released Friday, Keyes, who lost to Obama in the 2004 U.S. Senate race in Illinois that launched the new president’s national political career, calls […]
[Via RealClearMarket] The projected 2009 deficit then stood at $482 billion. In January it was forecast by the Congressional Budget Office at $1.2 trillion. Pres. Obama’s new plan now ups that to $1.7 trillion. If W got the gold, the new Administration has landed the Platinum in just its qualifying heat.
If historic U.S. budget deficits […]
Already, top Republicans want several questions answered, an early sign that Obama may once again face stiff opposition to the plan when it comes before Congress. Last week, not one House Republican voted for his economic stimulus package, and only three GOP senators voted for the bill.
• What will your plan do for the over […]
Russian Prime Minister Vladamir Putin has said the US should take a lesson from the pages of Russian history and not exercise “excessive intervention in economic activity and blind faith in the state’s omnipotence”.
“In the 20th century, the Soviet Union made the state’s role absolute,” Putin said during a speech at the opening ceremony of […]