Commentary by James ShottSenate Majority Leader Harry Reid (D-NV) gave a speech on the Senate floor last week where he said this about the disastrous implementation of the Affordable Care Act: "Despite all that good news, there’s plenty of horror stories being told. All of them are untrue."This abjectly stupid remark ignores the problems millions of the people Harry Reid serves as Majority Leader have encountered at...
Tampilkan postingan dengan label taxes. Tampilkan semua postingan
Tampilkan postingan dengan label taxes. Tampilkan semua postingan
The Slippery Slope of Hope(lessness)
The following chart shows personal current transfer receipts divided by government current receipts.Click to enlarge.On Basilisk Station (David Weber, Copyright © 1994)"Oh, that’s a wonderful idea!" Frankel snarled. "Those BLS increases are all that’s keeping the mob in check! They supported the wars to support their standard of living, and if we don’t—"No worries! That quote comes from a book of science fiction. All...
Mainstream Hypocrite of the Year Award
December 20, 20137 things you should have learned in 2013 -- but didn't2. Forecasting doesn't workSure, some forecasters get it right. But nobody gets it right frequently enough to be depended upon — so stop using investment bank research as your primary source for buy or sell calls. It will only end in disappointment.If there is one thing I have learned from this article it is that forecasting doesn't work. Got it.4....
Obama and taxing the rich, and another deadly school shooting
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Yow 10,000
The following chart shows real federal government current receipts per capita (June 2013 dollars).Click to enlarge.Worry not about the steepness of the climb. This bad boy's totally sustainable. I can feel it in my bones.Yow 10,000! Put on the party hats! Just look at all that momentum! This economy is unstoppable again! Now that one of the last bears has finally capitulated, what could possibly go wrong?October 20,...
The Sarcasm Report v.178
August 13, 2013Rise in retail sales signals stronger growthRetail sales jumped in July, unhampered by an increase in fuel prices, according to government data.Gasoline station nominal sales were unhampered by an increase in fuel prices? Shocking!Retail Sales for July 2013 (Musical Tribute)Click to enlarge.Here's the best part.July 1, 2013California 3.5-cent gas tax hike kicks in for driversPrices are going up 3.5 cents....
Top 10 Assets of Households and Nonprofit Organizations
Click to enlarge.Real estate tops the list at #1. I'm sure we'll bounce back someday. Just need to keep pushing this asset higher and higher so that people can finally sell the darned things again (the mortgage liability is not included in the asset chart for somewhat obvious reasons). And as an added bonus, the higher we can push this asset price the higher we can get those property taxes. Everybody wins!Pension fund...
Another Example of How Our Miseducation System is Failing Our Kids
Stolen From Stop The ACLUThis goes under the Whiskey Tango Foxtrot category.Remember how you were taught in school how to add a series of numbers? Remember how you were told to write each set of numbers on top of each other, to stack them so you could then add them together to get a total?Kids aren’t taught that any more. In fact, the system of “cubes, sheets, sticks and dots” they are taught now is so convoluted,...
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