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MA Dems set to Introduce a Plethora OF New Taxes in 2013 on Top of Expiring Bush Tax Cuts

October 6, 2012 in Budget, Debt Crisis, Deval Patrick, Economic Deception, Economy, Election, MA, The Hope and The Change by Admin1

Barack Hussein Obama and our nitwit Vice-President Joe Biden , if re-elected , promise to  let the Bush tax cuts expire which will result in increased taxes at every income  level.

What happens to you if the cuts expire? The Tax Foundation has done the math and provides a handy map to show the likely economic impact on people in every state. (For the record, the Tax Foundation describes themselves as, “a nonpartisan tax research group based in Washington, D.C.”)

 

The Five States Facing The Biggest Tax Increases (avg. per household):

  1. Connecticut $5,783
  2. New York $5,542
  3. New Jersey $5030
  4. Massachusetts $4277
  5. California $4242

 

 

Meanwhile, according to a report from the State House News Service our own House Speaker Robert DeLeo, in collaboration with Deval Patrick  is hinting at raising taxes in 2013 in the middle of a recession, in  order to support Taxachusetts’s burgeoning spending pogram. Taking their cue from Barack Hussein Obama, they will likely spring details of their proposals after the election when they and their minions are safely back in office.

On top of the Federal Tax Increases for 2013 and according to the Wall Street Journal a Loss of $4,019 in real Income during the Obama years we are now looking at additional MA State Tax increases as well.  Could there be a stronger reason to help Fiscally Responsible, Small Government Championing, Free Market Conservative candidates this fall?

 

“Flat tax collections in September have left state government trailing budgeted revenue benchmarks by $95 million one quarter of the way into the new fiscal year, according to figures released Wednesday by the Department of Revenue. Collections last month of more than $2.2 billion were up $8 million over September 2011, but were still $32 million shy of the monthly benchmark. Tax collections are up 0.03 percent over the first quarter of fiscal 2013.
Murray and DeLeo over the past few years have embraced the no-new-taxes approach after voting in 2009 to boost the sales tax by 25 percent to 6.25 percent. Though some more liberal Democrats on Beacon Hill have advocated for higher cigarette taxes to pay for health programs, members of the House and Senate from both parties have largely cheered the reluctance of leaders to force votes on new revenue, particularly in an election year.”

House Minority Leader Brad Jones of North Reading on Thursday said DeLeo’s reluctance to rule out tax hikes next year was “disappointing.”

“I will say that I am well aware that numerous discussions have been going on about increased taxes and that obviously members of the majority party don’t want to have those go public until after the election.

 

The 4 October 2012 press release from State House News follows:

 

ON RESISTANCE TO NEW TAXES, DeLEO TAKING WAIT-AND-SEE APPROACH FOR 2013

By Matt Murphy and Mike Deehan

STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, OCT. 4, 2012….After holding the line on new taxes since 2009, the pledge by legislative leaders to not upset the delicate economic recovery by increasing broad-based taxes or fees on residents and business is showing signs of cracking.

House Speaker Robert DeLeo told the News Service this week he doesn’t yet know if his proscription against new taxes or fees will apply to the 2013 legislative year when the Legislature is expected to address long-term financing of the state’s transportation system and may need to look to new sources of revenue.

DeLeo said he wants “to see where the numbers fall on next year’s budget” and with transportation financing before making a decision on whether to rule tax hikes in or out, a line the Winthrop Democrat has drawn the past several years, and which Democrats have followed, prior to the release of the House budget in April.

“That’s never been a desire of mine to increase taxes. But on the other hand . . . I’m smart enough to know that until you see the figures of what you’re working with, you don’t make any pledges.” DeLeo, the former House budget chief, said after a meeting Tuesday afternoon with UMass officials and local entrepreneurs.

Senate President Therese Murray last year deferred to the House, noting tax bills originate in there, while working to craft the Senate’s spending blueprint for the year that began July 1, though she showed no signs of appetite herself for higher taxes. Through a spokesman, Murray declined comment on the appetite for taxes next session.

Flat tax collections in September have left state government trailing budgeted revenue benchmarks by $95 million one quarter of the way into the new fiscal year, according to figures released Wednesday by the Department of Revenue. Collections last month of more than $2.2 billion were up $8 million over September 2011, but were still $32 million shy of the monthly benchmark. Tax collections are up 0.03 percent over the first quarter of fiscal 2013.

Murray and DeLeo over the past few years have embraced the no-new-taxes approach after voting in 2009 to boost the sales tax by 25 percent to 6.25 percent. Though some more liberal Democrats on Beacon Hill have advocated for higher cigarette taxes to pay for health programs, members of the House and Senate from both parties have largely cheered the reluctance of leaders to force votes on new revenue, particularly in an election year.

House Minority Leader Brad Jones of North Reading on Thursday said DeLeo’s reluctance to rule out tax hikes next year was “disappointing.”

“I will say that I am well aware that numerous discussions have been going on about increased taxes and that obviously members of the majority party don’t want to have those go public until after the election but they are absolutely underway and going on,” Jones said.

DeLeo has used his position over the past few years to thwart proposals by Gov. Deval Patrick to tax candy and soda, raise taxes on cigarettes and expand the scope of the state’s five-cent bottle redemption law, an idea encouraged by some environmentalists to improve recycling rates and generate $20 million in new revenue.

Any new debate over taxes in Massachusetts will also likely play out over a backdrop of the national discussion about how to address the federal debt and deficit, including the looming expiration of tax cuts on Jan.1 that could increase payroll taxes on Massachusetts residents and millions of Americans.

With unemployment at 6.3 percent after having risen moderately over the past two months, legislative leaders like DeLeo, if he wins reelection as anticipated, will be challenged to come up with a justification for new revenue after years of touting their reluctance to raise taxes as a selling point of their fiscal discipline and rationale for new businesses to locate and grow in Massachusetts.

In May, DeLeo published an open letter in the local Menlo Park, California newspaper to Facebook CEO Mark Zuckerberg suggesting the company, and others like it in Silicon Valley, consider expanding in Massachusetts.

“Unlike California, where Governor Brown just announced a $16 Billion budget deficit sure to mean massive cuts in services and increases in government revenues, Massachusetts leaders have passed budget-after-budget on-time and with no new taxes or fees,” DeLeo wrote. “There is no denying California’s strengths, but a lot has changed in Massachusetts in the eight years since Facebook moved out. It’s a place where young workers, start-up companies and innovation entities want to be.”

Jones said that in addition to consideration of raising gas taxes, he has heard mention of raising the state income tax from 5.25 percent to 5.95 percent.

“Unfortunately the Democrats don’t want to have that discussion before the election because they know the public isn’t going to be welcome to it, isn’t going to be open to it. People are still hurting. They’re very apprehensive. We have a fragile economy,” Jones said.

Jones said there is a “reasonable consensus” that some people would like to put more resources into transportation and infrastructure, but said the idea of “going down the tax path is a dangerous one.”

“I think we’re going to be faced with the false choice of, well, we have to raise taxes to do this as opposed to, well, isn’t some of it maybe reprioritizing spending?” Jones said.

Citizens for Limited Taxation earlier this week rolled out endorsements of 40 legislative candidates, including 17 incumbents – all Republicans – who scored well on the group’s issues test and signed a “Taxpayer Protection Pledge” to “oppose and vote against any and all effort to increase taxes.”

Through its political action committee, CLT also gave maximum donations of $500 to many of its endorsees, including candidates challenging Sen. Murray and Reps. Thomas Calter (D-Kingston), Thomas Sannicandro (D-Ashland), Carolyn Dykema (D-Holliston), John Rogers (D-Norwood) and James O’Day (D-West Boylston.

-END-

10/04/2012

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Obama Administration Breaks Laws Again – Unlawfully indemnifies Contractors with Taxpayer Dollars

October 2, 2012 in Abuse of Power, America's Collapse, Anarchy, Budget, Constitutional, Debt Crisis, DICTATORSHIP, Economic Deception, Economy, Election, Liars, Obamanation, President Obama, The Hope and The Change, White House Fraud by Admin1

The Washington Post

By , Published: October 1

Defense contractors back off layoff notice threats ahead of sequestration

Several defense contractors on Monday backed off threats to issue layoff notices to employees in coming weeks, a move they had said might be required given the threat of mandatory federal budget cuts in January.

Bethesda-based contracting giant Lockheed Martin and the U.S. arm of Britain’s BAE Systems, which is based in Arlington County, said they would not issue the notices this year. Under the federal Worker Adjustment and Retraining Notification Act, or Warn Act, states require advance notice of mass layoffs or facility closures.

The White House issued a memo late last week that directs contractors to follow the guidance of the Labor Department. In a July letter, the department said the Warn Act does not require contractors facing sequestration to send notices to their workers that they could be let go.

In its new guidance, the White House said that if sequestration occurs and an agency terminates or changes a contract that results in a plant closing or mass layoff, the contractors’ liability and litigation costs under the Warn Act would be “allowable costs” covered by the contracting agency.

“The additional guidance offered important new information about the potential timing of DOD actions under sequestration, indicating that DOD anticipates no contract actions on or about 2 January, 2013, and that any action to adjust funding levels on contracts as a result of sequestration would likely not occur for several months after 2 Jan,” Lockheed said in a statement.

Brian Roehrkasse, a spokesman for BAE Systems’ U.S. business, said BAE also will not issue Warn notifications to its employees.

“However, if specific information becomes available that certain company facilities may suffer mass layoffs due to sequestration, we will issue Warn notices at that time as required by law,” he said in an e-mail. “Unless sequestration is avoided, we eventually may have no choice but to issue Warn notices to potentially impacted employees.”

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Have we gone beyond the Tipping Point?

September 28, 2012 in America's Collapse, Audit the Fed, Congress, Constitutional, Debt Crisis, Economic Deception, Economy, Election, Freedom, Obama's America 2016, Politics, President Obama, Quantitative Easing, Restoring Courage, Socialist, The Hope and The Change, The Stakes for the 2012 Election, United States Constitution, United States Sovereignty, Welfare, Welfare Fraud by Admin1

Just another Obama Abomination!

In 2011, our Government has provided  ” free“ give-away phones to welfare clients that has cost you and I $1.6B and is climbing. This Administration is buying votes and allegiances with our tax dollars in accordance with Obama’s  October 19, 1998 Loyola College forum on community organizing and policy making  speech. In that speech Obama  stated that he favored a government redistribution of wealth and more importantly, he viewed welfare recipients and “the working poor” as “a majority coalition” that could be mobilized to help advance progressive policies and elect their champions.


The Barack Hussein Obama Administration is purchasing votes with programs like the “Obama Phones” even though we do not have the tax revenues to pay for these  outrages. Consequently,  Ben  Bernake and his Fed minions have been purchasing  as much as 80% of our $16T National Debt associated with these “Welfare Frauds” with increasingly worthless US paper dollars.  This monumental US debt accumulation, using  Quantitative Easing (Another name for selling/buying US Bonds) will result at some point in the near future in an Inflationary Spiral that will make Germany’s Weimar debacle seem like a cake walk!  

The Washington Examiner
Sep 28, 2012 | 07:01 PM

Beltway Confidential

Where do “Obama phones” come from?

September 27, 2012 | 2:25 pm

The video of an Obama supporter bragging about having an “Obama phone” has gone viral on the web, but where do these “free cell phones” come from?

The program is called Lifeline, established in 1984, originally created to subsidize landline phone service for low income Americans, funded by government-collected telecommunication fees, paid by consumers.

In 2008, the program was expanded to support cell phones which quickly escalated the cost of the program. In 2008 the program cost $772 million, but by 2011 it cost $1.6 billion.

A 2011 audit found that 269,000 wireless Lifeline subscribers were receiving free phones and monthly service from two or more carriers. Several websites have been created to promote “free” government cell phones, including the”The Obama Cell Phone” website at Obamaphone.net.

Rep. Tim Griffin R-Ark. has proposed a bill to eliminate federal subsidies for free cell phones and has produced a great YouTube videohighlighting the runaway cost of the program. The program has also been highlighted for reform by Senator Claire McCaskill D-Mo.

Pressure to reform the program led the FCC to announce an effort in February to “reduce the potential for fraud while cutting red tape for consumers and providers” by the end of 2013.

 

 

 

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Obama is Purchasing Votes with the “…largess out of the public treasury.”

September 20, 2012 in America's Collapse, Audit the Fed, Budget, Debt Crisis, Economic Deception, Economy, Freedom, Obama's America 2016, Oust Obama, President Obama, Socialist, The Hope and The Change, Welfare, Welfare Fraud by Admin1

 

“A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.”     Elmer T. Peterson

Food Stamps is just one of  Barack Hussein Obama giveaways from our “public treasury’ that will eventually cause our Republic to collapse under the weight of his Socialist Programs.

It’s not just the increase in recipients: Obama allows each recipient to receive much more. Can’t blame that on Bush.

One of the least-appreciated reasons for conservatives to dislike former President George W. Bush is that even while the unemployment rate was declining, the U.S. saw a massive increase in participation in the food-stamp programs (Women, Infants and Children, or WIC; and Supplemental Nutrition Assistance Program, or SNAP). It’s quite accurate to refer, as the Washington Examiner recently did, to the “Great Bush-Obama food-stamp expansion.” But a recent article on the subject of food-stamp costs in National Review didn’t even mention Bush’s name. Firebrand Newt Gingrich, who has tirelessly focused attention on this topic, has been similarly negligent in omitting Bush from the picture.

Yet Obama has done much more than simply oversee an increase in participation.

Obama brings up Bush’s expansion when challenged about his food-stamp record — he has aggressively sought to blame his performance on his Republican predecessor. Here’s what he told ABC News when confronted on this issue:

First of all, I don’t put people on food stamps. People become eligible for food stamps. Second of all, the initial expansion of food-stamp eligibility happened under my Republican predecessor, not under me. No. 3, when you have a disastrous economic crash that results in eight million people losing their jobs, more people are going to need more support from government.

It’s stunning that the Romney campaign is allowing Obama to get away with not mentioning the costs that have no precedent whatsoever in Bush administration records or policy.

Under Obama, 14.7 million more Americans began using the food-stamp program than had been using it under Bush. That’s a whopping increase of 46%, from 31.9 million users in 2009 to 46.6 million today. One in every seven Americans. The WIC program now purchases over half of all infant formula sold in the United States.

But most importantly, the cost of the program to taxpayers has increased by far more than the expected, proportionate 46%.

Under eight years of George Bush, annual spending on food stamps rose from $15 billion to $35 billion — an increase of about $2.5 billion per year. But in just the first two years of the Obama administration alone, spending rose from $35 billion to $75 billion — a staggering increase of $20 billion per year, nearly ten times the rate of increase in cost under Bush.

The cost of food stamps under Obama rose from an average of $3.6 billion per month when he came to office to $6.2 billion per month now, a disproportional increase of 72% compared to the 46% increase in program usage. And even that figure is misleading because it is based on averages: the total cost of the program over Obama’s four years in office, as noted above, actually rose by well over 100%, now running in excess of $75 billion per year. If you compare 2007 and 2011, the total cost increase is an astounding 135%.

There are two possible explanations for the wildly disproportionate rise in food stamp costs under Obama: either he’s being much more generous with recipients than Bush ever dreamed of being, or food prices are rising because of his inflationary policies. Earlier this year, the Congressional Budget Office weighed in. They concluded that a combination of both factors was in play — but that Obama’s generosity (with taxpayer money) is the much bigger culprit.

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Bernake’s 3d Round of Quantitative Easing Explained

September 15, 2012 in 2nd Amendment, Diplomacy, Economic Deception, Economy, Energy, Freedom, Obama's America 2016, ObamaCare, President Obama, Quantitative Easing, The Stakes for the 2012 Election, United States Constitution by Admin1

We have a sociopath in the White House. A Sociopath is a person who lacks a sense of moral responsibility or social conscience.  Barack Hussein Obama went to a Las Vegas  for a fundraiser after briefly delaying his itinerary to speak on National Television regarding the death (assassination) of our Ambassador to Libya.  In the last four years, Barack Hussein Obama has destroyed  our economy,  driven up the price of gasoline and energy, forced Americans to accept Obamacare,  illegally advocated for Illegal Alien Amnesty via an Executive Order, engaged in a second Amendment plot via “Fast and Furious” in an attempt to disenfranchise gun ownership, stuffed the Supreme Court and lower courts with ideologue judges, stiffed us with massive failed stimulus packages, illegally disenfranchised preferred stock holders (GM),  had government takeover private enterprises  and has  punished job creators.

His final legacy will be Quantitative Easing  which means that the “Fed will print a ton of money” and will devalue the dollar. His lack of leadership in creating Fiscal Policy has forced Ben Bernake into a third round of Monetary policy. This in turn will create massive inflation  so that oil, food, medicine and all imported goods and services will skyrocket.

“Printing money is the last refuge of failed empires and Banana Republics and the Fed doesn’t want to admit that this is their only idea”

The following  video  explains Quantitative Easing:

 

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There is Another Pork Barrel Bill Coming Your Way

August 30, 2012 in Abuse of Power, America's Collapse, Budget, Debt Crisis, Economic Deception, Economy, Election, Politics by Admin1

When our Senator’s and Representatives attempt to slip a bill like the Farm Bill HR.6083  through Congress, they must really believe that, we the members of the electorate and their constituents are either brainless, dim-witted or morons.  Even the financial scoring of this bill like most others, is filled with deception and dishonesty. Its no wonder that only 10% of our electorate  believes that Congress is doing a satisfactory job in representing our interests.

Take this time during the recess to bone up on upcoming legislation like the the Farm Bill and the UN treaties and  start a calling barrage into their offices. This period before November 6th is almost as dangerous as the “Lame Duck” session after the election, because the political phone calls, TV adds and multiple  mailings will turn many people off, causing them to drop their guard and  to stop paying attention to the happenings in Congress. This inattention to their actions is what Congress  looks for so that they can slink additional debt killing legislation through! The only way we are going to turn things around is to educate ourselves on how they perpetrate their shenanigans  and to CALL THEM OUT . 

For the Farm Bill, you Must call your Senators and Congressman and tell them that our national debt is headed for a Fiscal Cliff and we aren’t interested in any more PORK being signed into law!!! They intend to take up this bill after the get back from their recess. 

++++++++++++++++++++++++++++++++++++++++++++++++++

The following analysis is from the Heritage Foundation

Farm Bill” Question and Answer

August 24, 2012 by  Leave a Comment

As Congress continues its recess and activists across the country attempt to educate their elected officials on the problems with the current farm and food stamp bill, we wanted to provide the main questions that our folks are receiving on the road and their best factual response, all in one post.  Here you go, and we hope you find its useful.

How much does the so-called “farm bill”—the Federal Agriculture and Risk Management Act (H.R. 6083)—cost? According to the Congressional Budget Office (CBO), the bill costs $957 billion over ten years. The last farm bill, enacted in 2008, cost $604 billion over ten years. This bill amounts to a 60% increase in farm and food aid since the last reauthorization. Doesn’t H.R. 6083 “save” money? Not in any real world sense. As stated, the bill includes policies that over ten years will cost 63% more than the previous authorization. It is only because the Congressional Budget Office must ignore the expiration date of these programs and assume their continuation into eternity—including the Obama food stamp expansions—that the bill can be judged to “save” $35 billion. This is really just Washington-speak for spending 3.5% less than expected ($957 billion instead of $992 billion)—it’s not a cut. Isn’t H.R. 6083 really mislabeled as a farm bill given how much food stamp spending it includes? Yes. 80% of H.R. 6083’s spending is comprised of food stamp spending. This is because there are now 46 million individuals on food stamps, compared with 30 million in 2008 and 17 million in 2000. The reduction in the rate of growth to the food stamp program contemplated by the bill equals just $16 billion or 2%—not the sort of reforms that will lead to rolling back the food stamp program. This is one reason why most conservatives are so intent on splitting up the bill between its food stamp and farm subsidy components. Doesn’t H.R. 6083 include some much needed reforms to farm subsidies? The bill does eliminate wasteful direct payments to farmers, but it then plows much of the “savings” back into three new “shallow loss” entitlement programs that will actually serve to guarantee the profits for a larger number of farmers than currently benefit from direct payments. In addition, the bill sets new price floors for commodities (in most cases, higher than average recent prices) and expands crop insurance subsidies. Isn’t passing H.R. 6083 crucial towards passing drought assistance for those regions of the country that have been hard hit? No. The House of Representatives has already passed a separate piece of legislation—the Agriculture Disaster Assistance Act, H.R. 6233—to provide $383 million in emergency assistance to farmers, ranchers, and orchardists. The Senate refuses to act on the measure in order to put artificial political pressure to pass a massive farm bill. We opposed this drought assistance (see below), but regardless of a Congressman’s support for such assistance, it should have no bearing on whether they support a separate, long-term farm bill. Note: Some congressional offices, in an effort to confuse the issues, have noted that there is no food stamp spending in this separate drought package. That is true, but it confirms that the future of the drought package is not tied to passage of a multi-year farm bill. Should the federal government be providing $323 million in drought assistance? No. Proponents of the bill cite the drought’s impact on livestock—and the absence of livestock-specific disaster programs—as the principle reason for the aid package. However, the livestock-specific disaster programs expired in 2011, meaning ranchers knew that they had to plan for possible disasters, including drought. The Washington Post explained that “farmers should have to hedge as other businesses do: by diversifying their product lines, purchasing insurance at market rates, leveraging assets or maintaining cash reserves.” Because livestock producers did not take preventative action, they are now clamoring for a bailout. The bill also goes well beyond drought-inflicted livestock losses, by offering “subsidies to ranchers for livestock killed by raptors and wolves (along with hurricanes, floods, blizzards, disease, and extreme cold).” It also includes wildfires. The “drought” bill also covers trees, defined as “a tree, bush, and vine”, impacted by late-season freezes and insect infestations. Doesn’t the agricultural community need a farm bill during this recession? No. U.S. agriculture is thriving. Net farm income hit a record $98 billion last year and is expected to reach $122.2 billion in 2012. The top five earnings years in the last three decades have all occurred since 2004. With a healthy agriculture sector and a spiraling federal debt, now is the time to reform and eliminate commodity subsidies that cost taxpayers and distort the market.

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An Indictment Against the Obama Presidency

July 16, 2012 in Abuse of Power, Anarchy, Bail Out, Congress, Debt Crisis, dictator, Economic Deception, Economy, Election, Energy, Environment, Freedom, Gas Price, Immigration, Jobs, President Obama, Propaganda, Socialist by Admin1

We Accuse Barak Hussein Obama of Malfeasence

If you think that this cannot or will not happen in our state….you are sadly mistaken. Read the last section!

The following charts and discussions present an easy to understand view of Barack Hussein Obama’s DAMAGING accomplishments.  I would suggest that you pass this information along to those citizens who do not follow political or economic  news, but nevertheless vote .

If Obama was the  CEO of a Corporation, the following  operational , statistics would be just cause to have him booted out of  office by his stockholders and Board of Directors.

Charts on the Obama Years

 

NOW for the final exam:
1. Why is California so broke?

California

Just One State , this is only one State…………… If this doesn’t open your eyes nothing will !

From the L. A. Times

1. 40% of all workers in L. A. County ( L. A. County has 10.2 million people) are working for cash and are not paying taxes. This is because they are predominantly illegal aliens working without a green card.

2. 95% of warrants for murder in Los Angeles are for illegal aliens.

3. 75% of people on the most-wanted list in Los Angeles are illegal aliens.

4. Over 2/3 of all births in Los Angeles County are to illegal alien Mexicans on Medi-Cal, whose births were paid for by taxpayers.

5. Nearly 35% of all inmates in California detention centers are Mexican nationals here illegally.

6. Over 300,000 illegal aliens in Los Angeles County are living in garages.

7. The FBI reports half of all gang members in Los Angeles are most likely illegal aliens from south of the border.

8. Nearly 60% of all occupants of HUD properties are illegal.

9. 21 radio stations in L. A. Are Spanish speaking.

10. In L. A. County 5.1 million people speak English, 4.9 million speak Spanish. (There are 10.2 million people in L. A. County .)

(All 10 of the above statements are from the Los Angeles Times)

 

Less than 2% of illegal aliens are picking our crops, but 29% are on welfare.

Over 70% of the United States ‘ annual population growth (and over 90% of California’s , Florida’s  , and New York’s ) results from immigration.

29% of inmates in federal prisons are illegal aliens.

HOW CAN YOU HELP?

Send copies of this letter to at least two other people. 100 would be even better.

This is only one State. The Nancy Pelosi crowd wants illegals to be given the right to  vote so that their dependency on “Free” food stamps, Welfare, Medicaid etc.,  drives the United States  towards becomes  a single political party nation!

 

 

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Obama Administration has unconstitutionally re-legislated the Clinton 1996 Welfare Reform Law

July 13, 2012 in Anarchy, Debt Crisis, dictator, DICTATORSHIP, Occupy Boston, Occupy Wall Street, Oust Obama, Welfare by carlos

The Obama Administration has unconstitutionally re-legislated the Clinton 1996 Welfare Reform Law whose, “enormously successful” work requirement almost immediately resulted in “…cutting welfare rolls in half and pushing child poverty to historic lows.  The work requirement can’t be waived …” but the Obama Administration apparently needs a dependent underclass that they can control, manipulate and use to stuff the ballot boxes.

To that end the Obama Administration has “quietly” perverted the intent of the Law by waiving its cornerstone “Work Requirement.”

“Lawmakers were already unhappy because in 2005, the Government Accountability Office found that several states were listing as work the following perverse work activities to meet the requirement:

  • BED REST
  • PERSONAL CARE
  • MASSAGE
  • EXERCISING
  • JOURNALING
  • MOTIVATIONAL BOOKS (Reading)
  • SMOKING CESSATION

If you are becoming alarmed at this President’s Usurpation of Power, it’s time for you to take action before we either wind up as a functional Dictatorship or our institutions are so heavily damaged that we become a “Banana Republic”. Call your Senators and Representatives and DEMAND that hey take immediate action to estop this President from perpetrating and further destruction to the Laws of our Republic.

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Another Obamanation – Welfare Reform Gutted by Unconstitutional Policy Directive

July 13, 2012 in America's Collapse, Anarchy, Constitutional, dictator, DICTATORSHIP, Economy, President Obama, United States Constitution, Welfare by Admin1

Republicans accuse HHS of gutting welfare reform with quiet policy change

Published July 13, 2012

FoxNews.com

Republicans are accusing the Obama administration of unilaterally gutting welfare reform after the Department of Health and Human Services quietly notified states that they may seek a waiver for the program’s strict work requirements.

HHS made the announcement in a policy memo Thursday, news that slipped well below the radar amid a raucous day on the presidential campaign trail. But a few prominent GOP lawmakers on Capitol Hill picked up on the change, and accused the administration of overhauling one of the most important bipartisan agreements of the past several decades.

“President Obama just tore up a basic foundation of the welfare contract” Republican Study Committee Chairman Jim Jordan, D-Ohio, said in a statement. He also called the move a “blatant violation of the law.”

Mitt Romney on Friday spoke up on the change, saying: “President Obama now wants to strip the established work requirements from welfare.” He said “the linkage of work and welfare is essential to prevent welfare from becoming a way of life.”

How exactly the HHS change will play out is unclear. In Thursday’s policy directive, the department said the states may seek a waiver from the work component of the Temporary Assistance for Needy Families Program, in order to “test alternative and innovative strategies, policies and procedures that are designed to improve employment outcomes for needy families.”

HHS stressed that any alternative should still aim to get welfare recipients into gainful employment. Any plan that “appears substantially likely to reduce access to assistance or employment for needy families,” will not be approved, the memo said.

But HHS is suddenly allowing for more flexibility in a program known — and in many circles, lauded — for its rigid framework. Currently, states have to have 50 percent of their caseload meet certain work participation requirements, though there are ways around that as many states fall short.

The latest department directive suggested alternative plans could “combine learning and work” to fulfill the work requirement, or let “vocational educational training or job search /readiness programs” count as well.

The hard-fought welfare reform agreement in 1996 was struck between the Bill Clinton administration and a Republican-led Congress. It is still considered a signature legislative achievement from that period.

The number of people on TANF has decreased dramatically since 1997, but roughly 4 million people are still enrolled according to federal figures. The change comes in the middle of a competitive election fight between Obama and Romney.

Rep. Dave Camp, chairman of the House Ways and Means Committee, and Sen. Orrin Hatch, R-Utah, ranking Republican on the Senate Finance Committee, have written to HHS Secretary Kathleen Sebelius asking for a more detailed explanation of the change and her authority for making it. Both expressed concern that the change would strip the crux of the 1996 welfare reform deal.

“This ends welfare reform as we know it,” Camp said in a statement.

“I’m disappointed that after years of sitting on their hands and failing to propose any significant improvements to the TANF programs, the Obama Administration is once again over-stepping their authority and attempting to circumvent Congress through an unprecedented bypass of the legislative process,” Hatch said.

Read more: http://www.foxnews.com/politics/2012/07/13/republicans-accuse-hhs-gutting-welfare-reform-with-quiet-policy-change/#ixzz20WYjJpx0

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State and Local Unfunded Pension Liabilities Pose Yet Another Bubble Crisis

June 14, 2012 in Economy, MA State and Local Pension Liability by Admin1

Ace  financial reporter, Charlie Gasparino of Fox News, broke the story  yesterday that:

“Last year, as panic raged through the municipal bond market that cities and possibly even states might default on their debt under the burdens of massive government expenditures, particularly in the form of unfunded liabilities posed by public pension funds, J.P. Morgan (JPM: 34.30, +0.53, +1.57%) went out and studied whether the problem was indeed as acute as some had feared.”

The result wasn’t something J.P. Morgan, the largest underwriter of municipal debt, wanted to brag about, at least in public, according to people with direct knowledge of the matter. The study, completed in March 2011, showed that problem with pension funds was indeed real: States and big cities had amassed trillions of dollars of unfunded liabilities for their public pension systems.

At the same time, these municipalities were failing to properly account for their exploding pension costs, and the only way out of the mess involved public officials making some politically difficult decisions, including raising taxes significantly, slashing budgets, and demanding that public workers pay a portion of their retirement benefits.”

In an interview on Fox Business, Gasparino specifically mentioned Massachusetts. My Town of Andover alone,  has amassed nearly $215M in Unfunded Liabilities for our FY2013  budget noted as  Post Employment Benefits (OPEB) Liabilities . The Top 50 Cities and Towns in MA ( There are 296 towns and 13 Cities) have amassed $20B in OPEB Liabilities. 

In 2011 41% of all of our state’s total Combined Debt and Pension Liability was due to Unfunded Pensions!

Over the last few years, the Federal Reserve has steered our economy to unprecedented low interest rates which has served to mask our Pension liability ticking time bomb. Any uptick in interest rates will unleash the consequences  in the JP Morgan report.

Read more: http://www.foxbusiness.com/industries/2012/06/13/jpmorgan-questionable-muni-call/#ixzz1xk28Jp88

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Mr. Schiff Returns to Washington

June 12, 2012 in Congress, Peter Schiff by mike


If you were wondering why Congress has the lowest approval ratings of all our branches of government, you have to view the following Congressional testimony by Peter Schiff and his confrontational treated by the FHA committee members as contrasted by the accommodating reception to lobbyists.

If the definition of insanity is doing the same thing over and over and expecting a different result then our economy is headed “Over a cliff” because of the insanity of our inside the beltway Washington Elite. The following was distributed by Peter:

Dear Friends,

On Friday, I sent you a link to the video of my June 7th Congressional testimony regarding the Federal Housing Authority loan policy. Given that the exchanges I had with the Congressmen so clearly illuminate the flawed legislative process and the ignorance that many have about the workings of the free market, I wanted to take this opportunity to resend this important video.

If you share my opinion on economic issues, please help me make this video go viral. For those of you who haven’t had the chance to watch the full 33 minutes, I have compiled a guide to the juiciest highlights below.

<6:06 - My Opening Statement

11:16 - "I don't know whether to go to Mr. Schiff or not, but I guess I will" - Judy Biggert (R)
I explain to Chairwoman Judy Biggert why federal involvement in home lending has created more problems than it has solved.

16:22 - "Despite all the sound and fury, there's not a lot of details..." - Robert Hurt (R)
My proposals that old regulations be repealed, rather than new ones proposed, in order for the free market to come up with solutions are repeatedly lost on Congressman Robert Hurt.

25:16 - "Mr. Schiff, I just have one question..." - Emanuel Cleaver II (D)
Congressman Emanuel Cleaver II unsuccessfully tries to 'nail' me. Instead, a spirited discussion ensues in which I remind the congressman of the moral hazard and economic costs of government subsidies.

30:38 - "Maybe that happens in an Ayn Rand novel..." - Brad Sherman (D)
Congressman Brad Sherman asserts that as a practical matter the federal government, in one way or another, insures all homes, and that only characters in an Ayn Rand novel would believe otherwise.

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Mitt Stiffs Conservatives Again

April 25, 2012 in Presidential Candidates, Presidential Candidates on the Issues, Restoring Courage, Tea Party by mike

  By  R ichard A. Viguerie 
 www.ConservativeHQ.com
  4/25/12

Just when the bruises from a tough primary were beginning to heal, and some conservatives were starting to give Mitt Romney a second look in the aftermath of yesterday’s five-state primary sweep, comes word the moderate former Massachusetts Governor has the same policy as President Obama does on federally subsidized student loan interest rates.

House Republicans have said the estimated $6 billion annual cost of extending low-interest rates for student loans isn’t affordable without offsetting cuts, but that they are still deciding whether to support a temporary extension. Obama has started pushing Congress for the extension and planned a three-state tour this week to warn students of the potential financial catastrophe they will face if Congress fails to act.

Apparently Romney’s strategy for the fall campaign will be, “if you can’t out bid Obama, at least join him.”

Romney’s announcement that he supports an extension of the cheap interest rate on federal student loans pulls the rug out from under conservatives in the House who have been trying with little success to reduce spending and balance the budget – even if it takes 30 years via the Ryan Plan.

We have a bit of sympathy for young people who were sold a bill of goods by an education industry that convinced them there is actually a job market for degrees in folklore and performance art and who are now stuck with student loans that run to six figures.

However, Romney’s attempt to out-Obama Obama on student loans is a perfect illustration of how Greece got where it is, and why we are headed in the same direction. 

In Greece, until the meltdown, practically everybody got a subsidy or a paycheck for something from the government.  The politics were such that the trend was ever upward – once the subsidies started they could never be reduced or even slowed due to political pressure.

We have the same problem here in the U.S. and at some point soon some principled patriots will have to make the case to their fellow Americans that it has to stop.  Having offsetting cuts doesn’t end or slow the student loan subsidy, but at least it doesn’t allow it to increase our ruinous deficit and debt.

No doubt Romney and his establishment Republican advisors think of this as “moving to the center” for the fall election.  We call it stiffing the conservatives in Congress and pandering on the road to fiscal perdition – as well as a perfect illustration of why conservatives should remain deeply skeptical of the Romney candidacy.

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John F. Kennedy on taxes

September 14, 2011 in Economy, Tax Hike by mike

 

 

“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now … Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”

– John F. Kennedy, Nov. 20, 1962, president’s news conference

 Folks, if you want to understand how far congress and our executive branch have strayed from sound “Fiscal Responsibility”and  “Lower Taxes” you simply have to read JFK’s speeches on the issue at the following site!

http://www.wnd.com/news/article.asp?ARTICLE_ID=39517

 

Call your federal, state and local representatives and tell them we have had enough and if they expect us to vote for them in the next election they had better heed our admonition to lower our tax burden and STOP SCARING seniors and other groups with loss of benefits as a ploy to increase our debt and eventually our taxes.

 

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