Tag Archives: social security

Obama’s Budget Plan: Raise Taxes on Middle Class, Gut Charities

$800 billion in tax increases form the center of President Obama’s new budget plan with some $1.2 Billion in cuts to future spending growth. Neither side seems to willing to support the plan. Democrats say that the tax increases don’t go far enough and point to the liberal plan from the Senate that raises taxes… Read More »

Obama Pardons Infamous Ponzi-schemer Bernie Madoff, Appoints to Manage Social Security Trust Fund

“Madoff duped a handful of well-off investors…meanwhile the Social Security program is duping generations of all classes of investors…” –Dr. Edward Forsythe At a White House press conference Wednesday evening, President Obama announced he has issued an executive pardon to infamous Ponzi-schemer Bernie Madoff and appointed the convicted felon to manage the country’s Social Security… Read More »

Social Security: Issuing Checks & Hollow–Points

Some of the more excitable members of the conservative Internet commentariat sounded battle stations when they learned the Social Security Administration (SSA) wanted to buy 174,000 hollow–point bullets. Had granny decided she was not going passively the next time Paul Ryan tried to shove her off a cliff? Were irate seniors busy sharpening the legs… Read More »

Europe Won’t Work in America

Spain’s economy is under such duress that the country is prepared to request a 40 billion Euro cash injection from the Euro zone this weekend. The request comes after Fitch Ratings reduced Spain’s credit by three notches on Thursday. This move will make Spain the fourth country to need a bailout since the European debt… Read More »

The Coming Entitlement Crisis

In February of last year, conservative commentator  George Will gave a great lecture at the Navy War College in Rhode Island.  In that lecture, he detailed two major battles we will face in the coming election, which are taxes and entitlement reform. Despite what the liberal media says about conservatives, we are not trying to destroy Medicare.… Read More »

Retirement Programs-Running on Empty

Government trustees report this week reveal that Social Security and Medicare will run out of money sooner than expected. Medicare is looking at a shortage beginning 2024 but Social Security for Disabled (SSI) will be out of funds just around the corner in 2016. All agree that by 2030 there will only be enough money… Read More »

Obama creating a nation of lazy, good-for-nothing mooches

Finally we are able to point at something (besides record gas prices) as an accomplishment of the Obama Administration: more Americans are finding it acceptable to live off of government hand-outs than ever before. Food stamps are being used everywhere from cruise ships to casinos. There’s even a YouTube video showing how widely-accepted EBT (food… Read More »

Republicans Cave on Bush Tax Cut Extension, White House Wants More

Republican congressional leaders are indicating that they will allow the Bush tax cuts to be extended until the end of the year without requiring offset spending cuts to pay for it. The White House is demanding that the GOP give even more. The leaders of congressional Republicans will present an extension of the Bush tax… Read More »

How Much Does The Government Really Have To Buy A Vote?

A break down of exactly how much does the government REALLY has to buy votes, who pays taxes, who does’t pay taxes, and how much each department spends. Bill Whittle calls Barack Obama’s $1 billion that he will spend to get re-elected “chump change” in comparison. These Big Government statistics are 22,000 times that amount…… Read More »

House and Senate pass 2-month Social Security Revenue Cut

Using a procedure known as unanimous consent, the U.S. Senate and House of Representatives passed the 2-month payroll tax holiday that President Obama and Senate Majority Leader Harry Reid have been demanding. The procedure makes it possible to pass legislation without a quorum present in the chamber. The legislation passes as long as not one single member… Read More »

The payroll tax gambit, eggs and the GOP miscalculation

The phrase “couldn’t find their butts with both hands tied behind their backs” comes to mind as I analyze the feat of stupidity undertaken by the leaders of the House and Senate in the Social Security revenue cut proposal (a.k.a. payroll tax holiday). A news outlet I do not often quote, The New York Times,  has… Read More »