Category Archives: taxurassoff
The VAT (bring your own Vaseline)
America is in a severe recession, if not the early stages of a difficult and prolonged depression. Home prices have cratered, unemployment figures are the worst in many years, California is technically bankrupt. What remains of our falling affluent soufflé … Continue reading
The Great American Bank Con Job
Visit msnbc.com for breaking news, world news, and news about the economy Mad yet? Now read The Balloon Theory… “History and Background In 2008, the peoples capacity to finance the debt they carried was exceeded. A global balloon of debt … Continue reading
The Great Depression of 2010
If things are so good why can’t you get another job? Howcum last month (March 2010) America borrowed and spent $333 billion – that is 28%, almost one third, of the GDP! The green line is nominal (as reported) GDP. … Continue reading
Tax the Poor
How many millionaires do you know? Real millionaires, people who, not counting their homes, can cover a check for $1,000,000.00? None? Some? A whole roomful? Oh, we all know of BIll Gates and A-Rod but how many millionaires have you … Continue reading
Obamacare and Why It Will Bankrupt America
Here is the most lucid explanation I have seen yet, on why American health care costs are about to soar to a figure three or four times more than the ideological boobs in DC estimate. This from the comment section … Continue reading
2010 Tax Increase – 53%
from Karl Denninger… If you were wondering where the hidden taxes are in “Health Reform”, guess what – President Obama has just given you something to sit on. The forced march to pass ObamaCare continues, and all that matters now … Continue reading
Obama: “A Regime of Arbitrary Privileges”
Charles Kesler excerpted – realclearpolitics.com March 10, 2010 “Can you have a bill, a single law, that is almost 3,000 pages long? In the old days, that would have constituted a whole code of laws. When our founders thought about … Continue reading
ObamaCare – the End of America
Mark Steyn nails it… “Once the state swells to a certain size, the people available to fill the ever-expanding number of government jobs will be statists – sometimes hard-core Marxist statists, sometimes social-engineering multiculti statists, sometimes fluffily “compassionate” statists, but … Continue reading
Alice In Healthcare Land
Thomas Sowell has a superb series on why Obamacare is a really, really bad idea…. Alice in Health Care Thomas Sowell Tuesday, March 02, 2010 Most discussions of health care are like something out of Alice in Wonderland. What is … Continue reading
Congress Is Hiding From Us & How To Find the Bastards
Yesterday the US Senate approved another debt ceiling hike; narrowly voting to allow the United States to borrow another 1.9 trillion dollars, boosting the national debt ceiling to a historic 14.3 trillion dollars. The 111th Congress, who inherited a US … Continue reading