While the rest of the Nation prepares itself for family, friends and turkey for their Thanksgiving Day traditions, news reports are emerging that the so-called “Super Committee” is on the verge of failure…Big Surprise. In case you’ve forgotten, Thanksgiving is the deadline for this group of House Representatives and Senators to reach an agreement to [...]
Let me start off by pointing out that THIS is a day that will not happen again for 100 years. I suppose that is true of all days, really, but this one has the unique distinction of being ALL ONES: “11/11/11.” There will never be a 22/22/22, or a 00/00/00, so, really, this is a [...]
President Obama is at it again. Now, I know what you’re thinking: “Todd’s going to slam the President for being an idiot…AGAIN,” and I suppose you’re right. Even President Obama’s SUPPORTERS are getting fed up with him (as evidenced by the audience’s reaction to Rep. Maxine Waters and the Congressional Black Caucus regarding criticizing President [...]
I want to know what is so confusing about the fact that the Federal Government has NO MONEY and is currently facing a Debt/Deficit Crisis? I mean, really, haven’t we all been hearing about the terrible and imminent danger to our “entire way of life” as a result of hitting the Debt Ceiling on August [...]
“The Federal Budget for any Fiscal Year may not exceed the Anticipated Tax Revenue of its Fiscal Year. Should the Actual Tax Revenue of that year be less than the Federal Budget, the Federal Budget of the Subsequent Fiscal Year must include Revenue to balance the previous year’s Deficit. Should Actual Tax Revenue exceed that [...]
Now that we understand the issues surrounding our Revenue and Spending Problems in general; the differences between Discretionary & Mandatory Spending, the History of our Progressive Tax System, how that Progressive Tax System works (or doesn’t work) today and the SECRET Tax of Inflation, it’s finally time to take a look at the SOLUTIONS that [...]
Do you know how much you paid in taxes for 2010? Oh, sure, you probably remember how much you GOT BACK, or how much you owed when you filed your Return, but do you actually know how much you paid in taxes last year? In 1943, during World War 2, the Federal Government implemented a [...]
I have to admit that it has taken me a few days to get past the RAGE that I felt hearing President Obama’s (campaign) speech on April 13 at the George Washington University. I’m not the first to say this, but I’ll say it anyway: this was nothing but a President pandering to his base [...]
