Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Taxes

What Part of “No” Doesn’t He Understand?

Pelosi Showing Obama Health Care

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This change allegedly reflects the impact the Brown win in Massachusetts last week had on politics in general, but also that it had not been anticipated by Obama or the Democrats.

“The entire political community was caught a little bit unawares on that one,” said David Axelrod, White House senior advisor. The impact of Brown’s win on Obama’s healthcare bill was significant in that it deprived the Democrats of the opportunity to push the bill through the Senate without a Republican vote.

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Sarah Palin, Enigma

English: Sarah Palin addressing the 2008 Repub...

When Former Alaska Governor Sarah Palin announced her support for three prominent Republicans, her Facebook statement entitled “Ride the Tide with Commonsense Candidates” resounded with laudibles such as supporting those who offer “commonsense government,” and those “who promise to fight FOR the people and AGAINST politics as usual.” She referred to the Massachusetts election as “truly amazing,” and a “demonstration of the momentum we all share in the fight for the values and policies that will get our country back to work. The commonsense conservative principles of liberty and fiscal responsibility are on the rise…”

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Lessons from Massachusetts

Coakley Senate Sign

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Yesterday the New York Times concluded that Scott Brown’s victory over Martha Coakley for Ted Kennedy’s Senate seat resulted from Democrat complacency, Republican tentativeness, and Tea Party activism. Based upon interviews with more than 30 individuals involved in the race, the Times traced the rise of Brown from relative obscurity over the past month to victor on Monday.

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U.S. Debt Level Unsustainable, Report Says

Graffiti: Debt

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“The debt level of the United States is unsustainable, something has to give,” said the co-author of a new joint report released last week by the National Research Council and the National Academy of Public Administration. The committee that prepared the 268-page study, entitled Choosing the Nation’s Fiscal Future, included three former heads of the Congressional Budget Office.

A WorldNetDaily article by Jerome Corsi, entitled “Forecast: Debt to Dwarf GDP,” provided key quotes from the study as well as from Rudolph Penner, one of the former CBO heads. “The fundamental problem is that we have these three very large programs—Medicare, Medicaid and Social Security— that…are growing faster than tax revenues and faster than the economy,” Penner told WorldNetDaily. This is creating an “unsustainable federal budget deficit [that continues to grow] ever onward and upward.”

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Turning REpublicans into TEApublicans

WASHINGTON - NOVEMBER 2:  Tea Party Patriots c...

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Tea Party activists are trying to take over the Republican Party from the ground up, according to the New York Times.

There are many pieces to the Tea Party puzzle, described as a “diverse, rambunctious and Internet-connected network of groups.” This includes Tea Party Nation which describes itself as a “user-driven group of like-minded people who desire our God-given Individual Freedoms which were written out by the Founding Fathers, [who] believe in Limited Government, Free Speech, the 2nd Amendment, our Military, Secure Borders and our Country.”

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Mass. Senate Race: It’s Going to be Close!

01-15-10_Ted-Kennedy-Scott-Brown

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From obscurity to prominence to possible victory, Massachusetts State Senator Scott Brown’s campaign for Teddy Kennedy’s seat in a special election on Tuesday, January 19, is receiving national attention. From a 30-point underdog, Brown has campaigned for the seat—which he says “With all due respect, it’s not the Kennedys’ seat, it’s not the Democrats’ seat, it’s the people’s seat” — with his pledge:  “I will send this [Obama healthcare] bill back.”  And in so doing he has closed the gap so that several prominent pollsters are saying the race is too close to call.

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Weak Dollar Obama’s Fault?

Various Federal Reserve Notes, c.1995. Only th...

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According to Newsweek, the dollar isn’t weakening, and even if it is, it isn’t Obama’s fault. On Tuesday, Daniel Gross iterated all the reasons that, according to conservatives, the American dollar should weaken. Conservatives, he said, blame the actions of the Federal Reserve with the lowering of interest rates to zero, printing money, and expanding the monetary base. They also blame the Obama administration for running up huge deficits in its efforts to restart the faltering economy.

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Rubio: The First Tea Party Senator?

Photo of Marco Rubio taken on April 14, 2008 i...

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The Republican primary in Florida, which pits Governor Charlie Crist against Marco Rubio, is being watched carefully as a harbinger for the impact the Tea Party may have on the midterm elections. Six months ago Crist was leading all challengers, according to Rasmussen Reports, but now Crist is tied with former state House Speaker Marco Rubio.

On social issues, Crist takes traditional conservative positions including support for gun rights and capital punishment, and opposition to elective abortion and same-sex marriage. He supported John McCain’s candidacy for President in 2008, but got in trouble by supporting Obama’s stimulus bill.

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Democrat Retirements a Trend or a Tsunami?

Christopher Dodd, U.S. Senator.

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The announcements by Democrat Senators Chris Dodd (Conn.) and Byron Dorgan (N.D.) last week that they will not be running for reelection in 2010 raised both concerns by Democrats and hopes of Republicans.

Senator Dodd’s announcement has been examined thoroughly elsewhere on this site, but Senator Dorgan’s announcement was an unexpected bombshell that followed announcements by Alabama Representative Parker Griffith that he was switching parties from Democrat to Republican, along with the retirement announcements from two Democrats from Tennessee and another one from Kansas. The battles that are currently raging in Nevada for Senate Majority Leader Harry Reid’s seat and in Pennsylvania for Democrat Senator Arlen Specter’s seat, along with the battles in Illinois and Delaware to fill the Senate seats formerly held by Democrats Barack Obama’s and Joe Biden, indicate more than just a midterm election shift.

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Bernanke: Lax Oversight Recession’s Cause

FRANKFURT, GERMANY - NOVEMBER 14:  Ben Bernank...

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Regulatory failures and not low interest rates were responsible for the housing bubble, implosion and current recession, Federal Reserve Chairman Ben Bernanke asserted on Sunday.

“Stronger regulation and supervision aimed at problems with underwriting practices and lender’s risk management would have been…more effective [in] constraining the housing bubble [rather] than a general increase in interest rates,” Bernanke told the American Economic Association.  Bernanke, while awaiting Senate confirmation for another term as Fed Chairman, defended recent and continuing charges that the Fed contributed significantly to the current financial crisis by keeping interest rates too low for too long.

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Is Social Security a Ponzi Scheme?

Mug shot of Charles Ponzi (March 3, 1882 – Jan...

More than $16 billion of investors’ money evaporated in Ponzi schemes in 2009, according to the Associated Press. Although the names Bernie Madoff and Allen Stanford were in the headlines in 2009, many other Ponzi schemes were uncovered as the economy declined, making continued payouts to investors impossible.

As Warren Buffet said, “Only when the tide goes out do you discover who’s been swimming naked.”

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Rep. Parker Griffith Changes From Democrat to Republican

Parker Griffith

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Alabama Representative Parker Griffith announced on Tuesday that he is changing his party affiliation from Democrat to Republican.

Griffith, a member of the Democratic Blue Dog Coalition, previously asked to be called just a Blue Dog, and now prefers to be called Republican, after changing party affiliations last week. He says he made the change because he can no longer align himself “with a party that continues to pursue legislation that is bad for our country, hurts our economy and drives us further into debt.”

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Inside Goldman Sachs

Goldman Sachs Building

When the New York Times announced in their lead article on the front page of their Christmas Eve edition that the Securities and Exchange Commission was investigating Goldman Sachs for allegedly self-dealing, it was a moment of surprise for many and, for others, a moment of clarity and confirmation.

It was a simple announcement, really: The Securities and Exchange Commission was investigating some potential self-dealing by a large financial services company. But, like Toto pulling away the curtain to expose the imposter behind the Wizard of Oz, the world could see, however briefly, the inner workings of how business is really done at Goldman.

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Economic Reality vs. Cheerleaders

Timothy Franz Geithner, President of the Feder...

When MSNBC headlined the report that existing home sales surged by 7.4 percent in November (according to the National Association of Realtors), it suggested that such an improvement boosted “recovery hopes.” Others jumped on the recovery bandwagon, including Treasury Secretary Timothy Geithner, and former Vice Chairman of the Federal Reserve Board Alan Blinder.

According to Geithner, it’s now reasonable to expect “positive job growth” by spring and correct to assert that people should have confidence in an improving economy.  “I think most people would say the economy actually is strengthening now,” he added.

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Frank Luntz Filters Gun Owners

Frank Luntz

In Monday’s editorial, the New York Times reported the results of a Frank Luntz poll indicating that NRA members are much softer on key issues than the National Rifle Association itself.

Unfortunately, the editorial was rife with filters in the form of hot labels and emotionally-laden words and phrases that immediately impugned the validity of the results of the study.

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Paul Samuelson, ‘Economics’ Textbook Author, Dies at 94

Photo of Paul Samuelson

Long-renowned economist Paul Samuelson died on December 13 at his home in Belmont, Massachusetts, at the age of 94. In addition to writing Economics in 1948 — which became the best selling economics textbook for several decades, having been translated into forty-one languages and selling over four million copies — Samuelson also won the Nobel Memorial Prize in Economic Sciences in 1970.

The chorus of accolades of effusive praise continues to resonate:

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NYC Mayor Bloomberg: “Too Many Guns”

New York City Mayor Michael Bloomberg opening ...

According to the Associated Press, New York City Mayor Michael Bloomberg “railed against gun violence” on December 11, one day after a street peddler died in a shootout with police in Times Square. Unfortunately, this type of crime is increasingly typical in high-crime areas of major U.S. cities, especially where gun control laws make it extremely difficult for law-abiding citizens to possess a gun. Yet Bloomberg, founder of the anti-gun group Mayors Against Illegal Guns, viewed the shootout as evidence that there are “too many guns on the streets.”

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Sarbanes-Oxley and the Separation of Powers

Michael Oxley , U.S. Senator from Maryland.

On Monday, December 7, the Supreme Court began hearing arguments concerning Free Enterprise Fund v. Public Company Accounting Oversight Board (PCAOB).

While perhaps not as memorable as the “date which shall live in infamy,” this case has been called the most important “separation of powers” case in 20 years by Judge Brett Kavanaugh, the dissenter in the 2-1 decision by the D.C. Circuit Court of Appeals that ruled for the PCAOB, prior to the case going to the Supreme Court for review).

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Eminent Domain Battles Continue: Fee Simple Is Not So Simple

Eminent Domain Abuse -

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The Appellate Division of the State Supreme Court in Manhattan, New York, has ruled against Columbia University’s plans to use eminent domain to develop a satellite campus in Upper Manhattan.  This reflects one minor skirmish in the battle that has raged nationally ever since Kelo vs. City of New London was decided by the Supreme Court in 2005.

In his “A Summary View of the Rights of British America”, Thomas Jefferson made one last plea to King George to reconsider the path England was taking in its relationship with the American colonies.  With elegance and eloquence, Jefferson laid the moral and political groundwork for life, liberty, and property:

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Jobs Summit: More talk? Yes. More jobs? No.

unemployment

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When ABC News asked if the “jobs summit” would make real progress or would just be “simply a glorified public-relations stunt,” it studiously avoided asking the real question: How can the prime movers that created the current economic “Great Recession” be expected to fix it?

For starters, where is the constitutional authority for the government to get involved in creating jobs, even if it could?

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.