With new troubles, questions mount about Obama's competence | WashingtonExaminer.com

Not only incompetent, I don't think that the President is very bright.

With new troubles, questions mount about Obama's competence | WashingtonExaminer.com

Fraud: Local NBC Investigation Discovers Dozens of Illegal Voters in Florida - Guy Benson - Linkis.com

Democrats and the hard-left continue to argue that there is no proof of voter fraud despite their being plenty of proof. I just figure that Democrats think that they deserve to be able to cheat in elections since:

1. they have always done so;
2. They are better people so that they have to win at all costs.

But to claim that requiring ID or proof of who is racist or an attempt to overtly disenfranchise poor voters is just silly. Besides, if this is a problem, then just set up groups to get these folks IDs and involved.....

It is an article of faith on the Left that voter fraud does not exist beyond the imaginations of racist right-wingers, hellbent on imposing "unconstitutional" voter ID laws fashioned to "suppress" minority turnout in elections. These objections are race-baiting nonsense; they're unsupported by both empirical evidence and Supreme Court precedent. The high court upheld Indiana's law in a 6-3 decision in 2008. The ruling was authored by uber-liberal Justice John Paul Stevens. And after Georgia implemented its own law in 2007 (which survived a legal challenge), minority voter participation increased in the next two election cycles.

Fraud: Local NBC Investigation Discovers Dozens of Illegal Voters in Florida - Guy Benson - Linkis.com

Instapundit » Blog Archive » AMERICA’S FASTEST-GROWING CLASS OF MILLIONAIRES? Public Employees. “Who are America’s fastest-gr…

AMERICA’S FASTEST-GROWING CLASS OF MILLIONAIRES? Public Employees. “Who are America’s fastest-growing class of millionaires? They are police officers, firefighters, teachers and federal bureaucrats, who, unless things change drastically, will be paid something near their full salaries every year–until death–after retiring in their mid-50s. That is equivalent to a retirement sum worth millions of dollars.

Should we be worried about this? Maybe. As economist Herb Stein said,

“If something cannot go on forever, it will stop.”

The problem here is that government almost across the board is living way beyond its means. So, we will experience higher taxes to pay for this largesse after we have have experienced the extraordinary borrowing binge that still goes on today.

Instapundit » Blog Archive » AMERICA’S FASTEST-GROWING CLASS OF MILLIONAIRES? Public Employees. “Who are America’s fastest-gr…

Warren Buffett captures in one line what is wrong with America.....

And I think that he is part of the problem...

"American business, I will tell you, whether it's Berkshire Hathaway or Pfizer or Apple, are doing wonderfully under this tax code." -Warren Buffett, 2014-

i happen to be flicking through the TV and came accross him speaking and heard the previous tidbit of 'wisdom.' So, lets actually look at some of these tax rates; Pfizer's effective tax rate was 27.4% in 2013 and Apple's was 26.15%. Or one of the annual favorites is GE at measly 4.19% and also, Verizon, drugmaker Bristol-Myers Squibb and power management firm Eaton, all reported effective tax rates of 0% during recent previous years. These rates also includes, as I understand it, not just the Federal tax but also taxes from states and other jurisdictions including foreign ones where they operate. But as we see that actual tax rates do not mean actual taxes paid...

Earlier this year, the Government Accountability Office, a federal agency, examined corporate tax returns to determine the taxes corporations actually pay. It found that in 2010, profitable corporations based in the United States had an effective federal tax rate of 13 percent on their worldwide income, 17 percent including state and local taxes.

From here. And we also see this from Wikipedia....

At 35%, the United States has the highest nominal corporate tax in any of the world's developed economies. However, the average corporate tax rate in 2011 dipped to 12.1%, its lowest level since before World War I, largely due to the great recession and a bonus depreciation tax break.

So, for the biggest companies, taxes are not a problem! But this is the problem with mega industrialist Warren Buffett, large corporations have the tools and the global operations to shelter, reduce and avoid taxes. Most companies, companies that employ most of American workers, do not have this capacity and generally are hit by much higher tax rates effectively ceding competitive advantages to the giants that pay lower rates that give them a competitive advantage. Its a game that is played just for the big guys and stifles competitiveness and efficiency. These kinds of advantages granted to the biggest of industrialists hurt not just the smaller competitors but also hurt them competitively from companies overseas. Higher tax rates impact the cost of capital, increase business risk and reduce advantages associated with scalability. So Warren Buffett is being either dishonest or stupid when he makes these kinds of statements. I think that he is being dishonest but I bet no one at CNBC slobbering all over this man would ever actually question anything he says.

Obamacare Spending In GDP Report - Business Insider

Pent-up demand for healthcare? Through central planning, Americans will pay much more, receive less, have reduced access and fewer will actually be covered. A win for everyone!

Obamacare Spending In GDP Report - Business Insider