Tag Archives: US Treasury

Federal overspending made simple to understand

The following comes from David Barton at Wallbuilders. It puts the federal budget into numbers that are much easier to comprehend for those of us who don’t deal in millions, billions and trillions! If the US Government was a family, … Continue reading

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International fears of America’s demise

For more than two centuries the United States has been a beacon of hope to the rest of the world, providing a place to come and make a better living for one self, helping some seek solace and security from … Continue reading

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Turning Wall Street into a ghost town

President Obama is doing everything he can to kill the American economy and turn Wall Street into a ghost town. His latest decision to appoint Wall Street critic and Harvard law school professor Elizabeth Warren to a newly-created government post that … Continue reading

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The Social Security tipping point

As if this comes as a big surprise, we’re now being told that the Social Security trust fund (it never WAS a trust fund) is now insolvent and in the red. Yet for some reason we still allow the government … Continue reading

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Filed under Government, Health Care, News, Politics

Do the math

To blow through $1 billion it would take 32.15 years of spending $1 a second. Thirty-two years ago the second-worst President these United States ever saw was starting his first and only term in office.

But we’re not talking “billion,” we’re talking “trillion,” the latest number of the day coming out of Washington DC.
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Uniting America, Obama style

In 12 months America has united against Obama’s Health Care Proposal, his economic stimulus plans, and pretty much everything else he’s proposed or said; we’ve united against the House and Senate to the point that poll numbers reflect the lowest public support ever recorded. And, we’ve united against being blamed for global warming while we dig out of record snows here in North America. Continue reading

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Keep more of your money… a tax protest worth starting

The protest angle in this is it seriously slows the amount of income taxes being collected by the government until that time when taxes are due (typically April 15th, but with legal extensions, this can be postponed). The goal is to slow the amount of money going on a regular basis into the US Treasury. Oh, they’ll eventually get the money, but it won’t be before it is legally due.
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It’s time to scrap the tax code for a simpler plan

It’s ridiculous that a family of four, earning a combined income of less than $60,000 from three or four low-paying jobs, with two cars and a mortgage, must employ the services of a certified public accountant in order to file its income taxes once a year. Continue reading

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From flat economy to flat tax — watch it grow

Russia instituted a flat tax of 13% in 2001 and greatly increased its tax revenues to the national treasury. Not only that, President Putin lowered the corporate tax rate in Russia from 35% to 24% and further increased revenues to the treasury. Continue reading

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