Political Correctness and National Security

Life, Liberty, & the Pursuit of Happiness

New York Times, Washington Post, Los Angles Times, etc. should be very careful about how closely they align themselves with political parties, political personalities, and political issues in their effort to be politically correct.

As politicians and bureaucrats obtain more and more centralized planning they will, as Friedrich Hayek believes, employ more and more censorship and coercion.  It will be more common place to prevent the free flow of information   It will begin in benign and insignificant ways and then more and more pressure will be applied to FREE press to comply with political correctness.

This same approach will be used to control the usage and content of the Internet.  Laws will be passed and regulations written to limit the use of the Internet with national security being the excuse for such a move.  More and more surveillance of content on the Internet will happen and it will travel down this road to total control.

Historically the press has been the fourth estate that kept the government and politicans honest.  With the decline of objectivity and honest reporting of facts our country is heading down a long and dusty road to a terrible ending with some brutal consequences.

Free press cannot remain free if it tries to be politically correct and does not question the legitimacy of national security propaganda.

The Future: More Confusion

Life, Liberty, and the Pursuit of Happiness

Truth:  Capital flows in the direction of the highest RETURN with the least amount of RISK

Citizens have re-elected the most divisive socialist I could have ever imagined but that is what they want (at least half of the voters).  For investors, such as myself, we have to consider the anti-business environment that this President brings to the table along with a complete agenda to transform America.

2012 Obama Re-Election Consequences for Investors to consider:

• inflation (all business segments and asset categories) (consumer prices)
• Cap-and-Trade will reemerge as an issue 
• 2013 higher taxes (Obamacare) (estates) (capital gains) (personal)
• appointment of more liberal justices looking to punish business concerns even more and re-interpreting the constitution 
• divisiveness (House vs. Senate and President) (Republicans vs. Democrats) (Budgets)
• redistribution of wealth issues will intensify (entitlement programs will expand)
• private property issues will intensify (guns, etc) 
• debt and deficits increase by unholy amounts (Democrats trying to spend their way to prosperity)
• terrorism intensifies (lower military spending)
• zero interest rates for investors (bonds, CD) for years to come (FEDERAL RESERVE)
• rising health care insurance rates (Obamacare) (DHHS)
• private hospitals will be put under extreme pressure (DHHS) to reduce costs
• fossil fuels will be demonized and prices increase (oil & gas, coal) (EPA)
• labor unrest will intensify as business profits are put under increasing downward pressure (NLRB)
• multinational corporations will move more off-shore to avoid regulatory problems
• avoiding higher taxes and regulations will become business and investor highest priority
• Multinational Corporations will not repatriate their foreign profits back to America (IRS)

Research to understand to evaluate the following issues:

• investments that can stay up with inflation (multinational corporations?) (FEDERAL RESERVE)
• industries that will not be demonized and/or harmed (EXECUTIVE ORDERS) (EPA)
• avoid higher taxes where possible (Cayman Islands?) (IRS)
• industries where regulatory pressure will be applied (NLRB, DHHS, EPA, Dodd-Frank)
• currency devaluation (FEDERAL RESERVE)
• Foreign investments
• Real Estate
• Industries that Democrats like 

Full List of Obamacare Tax Hikes

Full List of Obamacare Tax Hikes

Monday, July 02, 2012 12:49 PM | Ryan Ellis and John Kartch (Twitter: @Taxplaya and @JohnKartch)

Obamacare law contains 20 new or higher taxes on American families and small businesses

Taxpayers are reminded that the President's healthcare law is one of the largest tax increases in American history.

Arranged by their respective effective dates, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, where to find them in the bill, and how much your taxes are scheduled to go up as of today:

Taxes that took effect in 2010:

1. Excise Tax on Charitable Hospitals (Min$/immediate): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by HHS. Bill: PPACA; Page: 1,961-1,971

2. Codification of the "economic substance doctrine" (Tax hike of $4.5 billion).  This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks "substance" and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

3. "Black liquor" tax hike (Tax hike of $23.6 billion).  This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

4. Tax on Innovator Drug Companies ($22.2 bil/Jan 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

5. Blue Cross/Blue Shield Tax Hike ($0.4 bil/Jan 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

6. Tax on Indoor Tanning Services ($2.7 billion/July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons.Bill: PPACA; Page: 2,397-2,399

Taxes that took effect in 2011:

7. Medicine Cabinet Tax ($5 bil/Jan 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

Tax that took effect in 2012:

9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

Taxes that take effect in 2013:

10. Surtax on Investment Income ($123 billion/Jan. 2013):  Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single).  This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

	Capital Gains	Dividends	Other*
2012	15%	15%	35%
2013+	23.8%	43.4%	43.4%

*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations.  It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income.  It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans.  The 3.8% surtax does not apply to non-resident aliens.

11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013): Current law and changes:

	First $200,000 ($250,000 Married) Employer/Employee	All Remaining Wages Employer/Employee
Current Law	1.45%/1.45% 2.9% self-employed	1.45%/1.45% 2.9% self-employed
Obamacare Tax Hike	1.45%/1.45% 2.9% self-employed	1.45%/2.35% 3.8% self-employed

Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax.  Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

13. High Medical Bills Tax ($15.2 bil/Jan 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI).  The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

14. Flexible Spending Account Cap – aka "Special Needs Kids Tax" ($13 bil/Jan 2013): Imposes cap on FSAs of $2500 (now unlimited).  Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.  There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education.  Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013) Bill: PPACA; Page: 1,994

16. $500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013). Bill: PPACA; Page: 1,995-2,000

Taxes that take effect in 2014:

17. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying "qualifying" health insurance must pay an income surtax according to the higher of the following

	1 Adult	2 Adults	3+ Adults
2014	1% AGI/$95	1% AGI/$190	1% AGI/$285
2015	2% AGI/$325	2% AGI/$650	2% AGI/$975
2016 +	2.5% AGI/$695	2.5% AGI/$1390	2.5% AGI/$2085

Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

18. Employer Mandate Tax (Jan 2014):  If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees.  Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

19. Tax on Health Insurers ($60.1 bil/Jan 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year.  Phases in gradually until 2018.  Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

Taxes that take effect in 2018:

20. Excise Tax on Comprehensive Health Insurance Plans ($32 bil/Jan 2018): Starting in 2018, new 40 percent excise tax on "Cadillac" health insurance plans ($10,200 single/$27,500 family).  Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions.  CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

--

Twitter

Who produces the wealth of America?

Life, Liberty, & the Pursuit of Happiness

I found this opinion of one Ricky Poff to be very precise and straight to the point.  He outlines the position of who builds the wealth in this country that pays the taxes and helps people find jobs.  If it were not for the private sector's wealth, the government would not be able to coerce any taxes from citizens,  Obama is very much in favor of empowering the government at the expense of the private sector.

I am afraid that if we keep Obama in for one more term as President, government will become something of a lethal parasite devouring the wealth and energy of the private sector; which will have consequences on our national security, and economic viability throughout the 21st Century.

ObamaScare will cost taxpayers trillions

Life, Liberty, & the Pursuit of Happiness

GOP Alternative to ObamaScare

Life, Liberty, & the Pursuit of Happiness

Claims by Obamacare backers about lack of GOP alternative are unfounded

The Oklahoman Editorial | Published: July 31, 2012     45

SUPPORTERS of President Barack Obama's health care law claim conservatives offer no alternative other than a return to an untenable status quo.

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In reality, Republicans have produced bold reform proposals that would allow officials to both repeal and replace Obamacare.

Oklahoma's own U.S. Sen. Tom Coburn, R-Muskogee, introduced the Patients' Choice Act in 2009 (along with U.S. Rep. Paul Ryan, R-Wis., and others.)

Coburn's plan would grant individuals the same tax advantages employers get for purchasing health insurance. That would greatly benefit Oklahoma's countless self-employed farmers, ranchers and other entrepreneurs, as well as uninsured workers.

Coburn's bill also gives every American a $2,290 tax credit (or $5,710 per family) to buy health insurance. The tax credit would cover the employee's share of a policy while the employer continues to cover the rest, as occurs currently. Any remaining tax credit money could be used for a health savings account covering routine medical expenses.

The legislation reforms Medicaid by giving low-income families an additional $5,000 on top of their tax credit. That would provide a family $10,710 to buy insurance coverage outside of Medicaid. Coburn notes that 40 percent of doctors and hospitals nationally refuse to accept Medicaid patients due to low payments. His plan would therefore improve low-income families' access to health care.

On the other hand, Obamacare doesn't address Medicaid's problems; it merely supersizes the program.

Coburn's bill calls for state insurance exchanges giving citizens access to a wide range of insurance products with guaranteed coverage regardless of age or pre-existing conditions. Unlike Obamacare, Coburn's plan isn't financed by cutting Medicare funding, and it doesn't require new spending or new taxes. One independent estimate predicted Coburn's bill could save $70 billion and provide coverage to a majority of uninsured Americans.

Ryan, budget guru of the U.S. House, has called for transforming Medicare to a premium-support payment for currently younger workers and increasing competitive bidding in the system. He also wants to convert the federal share of Medicaid spending into a block grant for states, indexed for inflation and population growth, allowing state-level reforms.

Liberals who decry repeal efforts act as though Obamacare has resolved health care problems. It hasn't. Surveys indicate many experienced doctors are considering retirement due to the law and fewer people may enter the medical profession.

Steve Jacob, adjunct faculty with the University of North Texas Health Science Center, estimates the United States will need to produce an additional 24,000 doctors annually for 20 years to meet demand under Obamacare. He notes one in four Oklahoma physicians is 60 or older, and Oklahoma has only 69 primary-care physicians for every 100,000 residents.

Health care costs are predicted to skyrocket under Obamacare. Jacob estimates the average family premium in Oklahoma will be $22,128 by 2020 under Obamacare, compared with $13,006 in 2010. Oklahoma employees' share will nearly double while deductibles will surge to $5,200 from $1,977. The average Oklahoma employee share of the premium and deductible combined would comprise about 12.5 percent of median household income.

Obamacare is clearly unsustainable. It lacks buy-in from patients and doctors; its financial impact on government finance and private incomes will be devastating.

Obamacare won't improve our health care woes. Coburn and Ryan show there are sustainable alternatives to improve patient coverage without breaking the bank.

Read more: http://newsok.com/claims-by-obamacare-backers-about-lack-of-gop-alternative-are-unfounded/article/3696764#ixzz22VrTa8nM

Fiscal Malfeasance: Democrats are Scofflaws

Life, Liberty, & the Pursuit of Happiness

Upon reading this article from TheOklahoman you should decide for yourself who should be considered misfits and possible fiscal terrorists.  Democrats have been unlawfully withholding budgets from the American people and do not seem remorseful or apologetic for this oversight.  Senator Coburn has worked hard to hold down expenditures of taxpayer money but he is alone in the forest.

Freedom Of Speech

Life, Liberty, & the Pursuit of Happiness

Diversion from Actual Results

Life, Liberty, & the Pursuit of Happiness

Energy Independence

Life, Liberty, & the Pursuit of Happiness

Snub to small-business

Life, Liberty, & the Pursuit of Happiness

Obama vs. America

Life, Liberty, & the Pursuit of Happiness

"The Great Destroyer" by David Limbaugh - Barrack Obama's War on the Republic

The Great Destroyer: Barack Obama's War on the Republic

1. White House vs. Voter Intimidation:  New Black Panthers
2. Social Security Disability Fund Nears Collapse
3. Executive Privilege:   Operation Fast and Furious
4. Executive Orders:  separation of powers 
5. White House vs. Senate:  recess appointments
6. White House vs. Economic Recovery: unwillingness to listen to Republicans
7. White House vs. National Security:  Cyber-Attack Leaks Put US in Danger
8. White House vs. 2008 Promises to American People: "transparency"  "accountability"  "reduce the deficit by half in his first term"  "bringing people together"
9. White House vs. New York City: trial of Khaled Sheik Mohammed
10. White House killing of Anwar al-Awlaki
11. White House vs. Obesity: News for Nanny State
12. White House vs. Property Rights:  (Bankruptcy): General Motors and Chrysler bond holders
13. White House vs. Fedral Debt and Deficits: ignoring simpson-bowles commission 
14. EPA (Sierra Club) vs. Electricity:  cost of electricity to increase
15. "Czar" Van Jones
16. White House vs. Pro-Life:   (reference Chen Guangcheng)
17. White House vs. Pakistan: Dr. Shakil Afridi
18. White House vs. Social Security - bankruptcy  
19. White House vs. Right to Work:  NLRB vs. Boeing
20. White House vs. US Oil and Gas:  loans to Brazil and Brazilian oil purchases
21. White House vs. Supreme Court :  campaign  financing
22. White House vs. Senator Jim Inhofe:  Global Warming
23. White House vs. Arizona:  Immigration:  Protection of the border
24. White House vs. Fox News:  "not a legitimate news organization"
25. White House vs. Utilities: Cap and Trade legislation to increase costs of fossil fuels (electricity)
26. White House vs. Doctors:  Medicare Doc fixes; 
27. White House vs. Congress:  Using Signing Statements after he criticized Bush for doing the same thing
28. White House vs. Catholics Decrease in Religious liberty (Obama-care)
29. White House vs. Creditors: Bailout of General Motors and Chrysler
30. White House vs. Taxpayers: Bailout of AIG
31. White House vs. Wall Street: Anti-business administration (War against the 1%)
32. First and only downgrade of US credit rating by S&P
33. White House vs. Tea Party: bashed Tea Party but supported Occupy Wall Street
34. White House vs. President Bush: Blaming everything on President Bush since 2008

Budgetary Magic: Funding of Obamacare

From reading and listening to all the learned pundits it seems remarkable that no one has really ever tried to show in some concrete way how the 111 Congress and the Obama Administration were able to say with a straight face that they passed ObamaCare and balanced the budget all at the same time.  Remember they wanted to give 43 million people health insurance and not increase the federal deficit...  the problem was how to pay for it.

Here is how they were able to do it:

• Make the drug companies reduce the prices of their drugs by $80 billion (coercision?)
• Take $500 million from Medicare and Indian health service (deception?)
• Force 300 million buy health insurance for $900 million (constitutional?) (tax)
• Increase payroll taxes
• Force 50 states to use Medicaid to subsidize the future regional health pools (constitutional?)
• Regulate the insurance industry to force them to reduce costs 
• Force the insurance industry to accept more people

The CBO was able to certify that the budget would not be busted because ObamaCare was going to push all the costs to the states and citizens of this country which meant the cost to the federal government would not result in a deficit..  The only thing that the federal government will now pay is the cost of regulating the insurance industry and the enforcement efforts by the IRS.

The consequences of this White House and Congressional shell game was to shift the cost burden onto the shoulders of the citizens and the states.  They did not reduce costs -  they just rearranged the cost pools until the burden was off Uncle Sam.  We will either pay for this legislation through payroll taxes, income taxes, or being forcibly required to pay for federally mandated health insurance's coverage which the consumer will have no choice except to write the check.  The federal government will dictate everything - the cost of insurance, what will be covered by insurance policies, etc.

Eventually the insurance industry will no longer exist; we will be left with only the federal government selling us our insurance policies.  I am not looking forward to the day that we have to stand in line to buy insurance policies like we have to purchase car tags.

Life, Liberty, & the Pursuit of Happiness

Questions - Why do we need Government?

Sometimes questions are more valuable than are the answers.

Academics have probably published articles that are directly or indirectly related to these questions and they have offered solutions. The problem is that the solutions offered by academics are just that - their academic opinions. Academics are not in the market place competing for profits and they can avoid the harsh realities of the market place. Economists use complex mathematical formulas to test the correlation of every possiblility for the future but they do not have to live with the consequences of failure.

When push-comes-to-shove people have to ask themselves these questions often and everyone will probably have an answer that is unique to their circumstances. Some questions are more relevant than others but at one point or another every business person alive has or will ask themselves these questions. Good luck with your answers.

----------------------------------------------

If Social Security Trustees think that it is going bankrupt in the near future, why have we reduced the Social Secnuity payroll tax rates?  Aren't we just making matters worse, much less even more striking that come January 2013 the tax rate will increase?

Why does inefficient, costly and unresponsive government continue to grow while the people and companies that could do the work much better are regulated and taxed out of existence?

Who takes the biggest risk in the market place: government bureaucrats or investors?

Am I morally and/or ethically responsible to provide personal charity to less fortunate?  Is charity the proper role for government?

Should the government spend more taxpayer money to create jobs? If yes, why should I work so hard?

Do we want the government to raise taxes so they can spend more taxpayer money to create jobs?

What is the solution to permanent job creation in this this country: Government or private industry?

Does a business person start a business, with all the associated headaches, to make a profit or to get the opportunity pay more taxes?

Why would any sane person want to risk their life savings to start a business?

Why would any sane person want to risk their reputations and freedom to start a business with a government looking to prosecute them at every turn?

Why would any sane person want to read volumes and volumes of tax manuals, hire CPA's, and employ accountants just for the privilege of being self-employed? Is being self-employed prestigious?

Why would any sane person want to manage employees and keep them motivated to help him/her make a profit?

Will I have to work 24/7/366 to make a profit?  How much of the profit can I expect to keep in the future, and how much is fair?

Why would any sane person want to pay unemployment taxes, payroll taxes, income taxes, property taxes and put up with government regulations without any guarantee of profit?

Does a person need to be insane to start a business? How much fun is it , anyway?

Will the government protect private contracts in the future? Is the government your friend or enemy?

Will the government impose restrictions on me in the future that will injure my business?

Will it be possible in the future for another Bill Gates to take $500 and start his own business in his garage?

Will the government help me prosper or will it tax me to death? Does the profit belong to you or the government?

Should I have an MBA, PhD or BS before I start my business?

Which of the following risk factors must/should I worry about the most in my business decisions: hiring, firing, finances, legal, accounting, record-keeping, marketing, sales, income taxes, insurance, interest rates, cash-flow, human resources, contracts, etc?

How much money do I have to borrow to grow my business?  Is capital available at reasonable rates?

Which part of the Federal Register should I read before, during, or after I start a business?  Does the average person get to suggest changes in the Federal Register, if not, why not?

Are you on track to stash away 11 times your annual salary for retirement? That's just one step to being a financially independent retiree, according to MarketWatch columnist Robert Powell. 

Life, Liberty, & the Pursuit of Happiness

ObamaScare - a distillation of the law

Life, Liberty, and the Pursuit of Happiness

Nancy Pelosi said we had to pass the law so we could find out what is in it,.  Facts and consequences of the law have come out in dabs and dribbles.  I will try to lay out the facts and consequences as gathered from pundits, editorials, and studies by the States.  Please feel free to correct me with any errors of fact.  Notably this task is a work-in-progress to find out about the consequences of ObamaScare.

Facts (ObamaScare is a minefield full of taxes for every citizen, loopholes, conundrums, and "gotchas")

• The Congressional Budget Office predicts ObamaScare (Affordable Care Act) will cost taxpayers $2 trillion when fully implemented
• The vast majority of the un-insured are being dumped into Medicaid
• Employees at small firms will face an individual tax of as much as $2,085 per family if they do not have the government-sanctioned level of coverage
• Based on Oklahoma Employment Security Commission statistics, 5.67% of Oklahoma employers , who employ 57.9% of the workforce in Oklahoma,  will have to comply with ObamaScare and will likely drop health coverage and possibly downsizing to avoid the high cost of health insurance
• The federal government will provide worker subsidies, by only if you buy a policy through a state exchange (not through a federal exchange)
• Like several other states, Oklahoma is considering not establishing a state exchange because of the high cost to the states.
• If employers raise worker pay too much the employer faces a tax hit coming or going
• Starting in 2014, Americans must report on the income tax return whether they have "qualified" health insurance.  If you do not have a "qualified" plan you have to pay the higher of $95 or 1% of taxable income.  In 2015 the tax rises again, to $695 or 2.5% of taxable income.  
• The IRS will become Big Brother
• Qualified plans will be graded bronze (cover 60% of cost), silver, gold and platinum (cover 90% of cost) - reflecting how much of health care costs are covered by the plan
• Tennessee estimates that ObamaScare will cost them $716 million dollars the first year
• Whether a person/family needs immunizations, mammograms, autism screening, or cholesterol screening, they will be paying for them anyway

Consequences

• ObamaScare expands Medicaid which will likely divert State funds from schools and roads
• Work at too small a business and you might get taxed.  
• Work for a firm with more than 50 employees, you might get fired and then taxed.  
• Work for a large firm with "insufficient" coverage, you might get dumped into your state's Medicaid program or health exchange.  Unless your state does not expand Medicaid or set up an exchange, in which case you just get dumped and then taxed.
• If employers have 40+ workers they will be financially penalized for exceeding 50.  
• The IRS will expand the federal workforce by the thousands - agents, administrators, regulators, etc.

Imperialist, Incompetent, or Ideologue? All?

1. 1. DREAM Act:
   2. Dodd-Frank Act: hurting community banks
   3.   Cyber-Attack Leaks Put US in Danger
   4. Tax the rich - (class warfare) 
   5. Broken Promises to American People: "transparency"  "accountability"  "reduce the deficit by half in his first term"  "bringing people together"
   6. trial of Khaled Sheik Mohammed
   7. Fast and Furious (coverup?)
   8. killing of Anwar al-Awlaki
   9. News for Nanny State
   10. White House vs. Property Rights:  (Bankruptcy): General Motors and Chrysler bond holders
   11. simpson-bowles commission (ignored)
   12. Cap and trade Legislation
   13. "Czar" Van Jones
   14. affiliation with SEIU
   15. Fisker Motors
   16. White House vs. Pro-Life:   (reference Chen Guangcheng)
   17. Dr. Shakil Afridi
   18. Polish death camps 
   19. Social Security bankruptcy
   20.  SEIU union favoritism and access to the White House
   21. ACORN:   Obama Joined ACORN-Linked 'New Party' in 1990s
   22. ObamaScare:  Louisiana Purchase, Gator-aid, Cornhusker Kickback (logrolling)
   23.  federal budgets to INCREASE spending
   24.  ObamaScare (20 new taxes)
   25.  Iran 
   26.  Keystone Pipeline
   27.  Solyndra, First Solar,Raser Technologies, ECOtality, Nevada Geothermal Power, Abound Solar, Beacon Power, SunPower
   28.  ObamaScare:  individual MANDATES 
   29.  loans to Brazil and Brazilian oil purchases
   30. Rev. Jeremiah Wright
   31. White House vs. Supreme Court 
   32. White House vs. Senator Jim Inhofe:  Global Warming
   33. TSA vs. Privacy:  Airport Security
   34. Birth Certificates
   35. Cash for Clunkers
   36. College Transcripts (hidden)
   37. 1,000,000 Chevy Volts on the highway
   38. White House vs. Arizona:  Immigration:  Protection of the border
   39. Anti-capitalism:  "fat-cats" and other monikers
   40. GSA conferences in Las Vegas
   41. NLRB vs. Boeing
   42. White House vs. Fox News:  "not a legitimate news organization"
   43. High gasoline prices
   44. Home foreclosures - tinkering but not solving the problem
   45. Speeches in Cairo, Berlin
   46. Bowing to Saudi Arabia's King
   47. Not supporting a Balanced Budget amendment
   48. 40% increase in Food Stamps
   49. Growth of Federal entitlements:  
   50. 50% of Americans pay no income taxes
   51. Denigration of American exceptional-ism
   52. Holding the record for the number of fund raising events during office
   53. White House vs. Utilities: Cap and Trade legislation to increase costs of fossil fuels (electricity)
   54. White House vs. Doctors:  Medicare Doc fixes; 
   55. Executive Orders to go around Congress
   56. White House  Using Signing Statements after he criticized Bush for doing the same thing

OBAMA before and after

Compare Obama the candidate versus Obama the President - we deserve better!


  As Candidate (promised)                      As President (delivered)

1. Pacifist                                   Libya 
2. against raising debit ceiling       raise debt ceiling 
3. against Bush foreign policy      endorsed Bush foreign policy
4. immigration reform                  sue Arizona 
5. inclusion of all citizens              polarization by race, by religion
6. pro-business                           anti-business
7. equal opportunity for all           increase in food stamps & redistribution of wealth
8. cool under fire                         arrogance and condescension
9. full employment                       inflation and more unemployment
10. balanced budgets                    $&$%@^%*$**&^*
11. transparency in government      $&$%@^%*$**&^*
12. economic growth                    bureaucratic regulations
13. hope and change                     fear and worry 
14. defeat of Patriot Act                extended without comment
15. leadership                               follower
16. Constitutionalism                     Regulations
17. national energy policy               *&(**&%%^&###@%$#^%^$#
18. global respect of USA              Apologizing for USA
19. Christain                                  pro-Muslim
20. economic prosperity                 economic misery 
21. accountability                           $&$%@^%*$**&^*            

Life, Liberty, & the Pursuit of Happiness

Obama's Legacy: Hope Diminshed

1. White House vs. Economic Recovery:  businesses and families are fearfully concerned about uncertainty of:  inflation, rising interest rates, decline of real estate valuations, debasement of currency, home foreclosures, higher local state and federal taxes in 2013, rising health care costs, unemployment, underemployment, student loans, cost of ObamaCare, environmental regulations, ability to obtain mortgages and bank loans, more federal deficits, Global recession, federal loans to friends of Obama, higher gasoline prices, higher electricity rates, inability of career politicians to solve problems , Congressional disregard of the Constitution, inability of the Federal Government to meets its entitlement obligations, White House apparent disdain for the Supreme Court, tax code complexity, illegal immigration, etc.
2. White House vs. 2008 Promises to American People: "transparency"  "accountability"  "reduce the deficit by half in his first term"  "bringing people together"
3. White House vs. New York City: trial of Khaled Sheik Mohammed
4. White House vs. Obesity: News for Nanny State
5. White House vs. Property Rights:  (Bankruptcy): General Motors and Chrysler bond holders
6. White House vs. Fedral Debt and Deficits: ignoring simpson-bowles commission 
7. White House vs. Right to Work: 
8. White House vs. Insurance Industry: Obamacare (taxes on medical equipment)
9. White House vs. Jobs:  Keystone Pipeline
10. White House vs. Taxpayers with Green Energy Loans: Solyndra, First Solar,Raser Technologies, ECOtality, Nevada Geothermal Power, Abound Solar, Beacon Power, SunPower  
11. White House vs. US Oil and Gas:  loans to Brazil and Brazilian oil purchases
12. White House vs. Supreme Court : Obama-care, campaign  financing
13. White House vs. Senator Jim Inhofe:  Global Warming
14. White House vs. Arizona:  Immigration:  Protection of the border
15. White House vs. Fox News:  "not a legitimate news organization"
16. White House vs. Utilities: Cap and Trade legislation to increase costs of fossil fuels (electricity)
17. White House vs. Doctors:  Medicare Doc fixes; 
18. White House vs. Congress:  Using Signing Statements after he criticized Bush for doing the same thing
19. White House vs. Catholics Decrease in Religious liberty (Obama-care)
20. White House vs. Creditors: Bailout of General Motors and Chrysler
21. White House vs. Taxpayers: Bailout of AIG
22. White House vs. Wall Street: Anti-business administration (War against the 1%)
23. First and only downgrade of US credit rating by S&P
24. White House vs. Tea Party:
25. White House vs. President Bush: Blaming everything on President Bush since 2008

Life, Liberty, & the Pursuit of Happiness
Do Not Tread on ME!