Business & Economics

This week would have been my father’s 75th birthday. As I think and reflect back, it has been a long time since he passed away. It is interesting in how we as humans move on from such devastating events in our lives. While our family life was very tumultuous during his life, I hold on to the good times much more so than the bad ones and continue to miss him to this day.

The Republicans have done what they typically do, shrink into their cocoons upon the production of a poll showing they’re being blamed for something. Reports now have it that the Republican leadership is willing to give the President everything, and get nothing in return. Further, the House and Senate Republicans have put forward different bills for the President to pick from. Really? Maybe it’s time to turn Democrat and protest as a conservative from within that party. At least then you’ll get air time in the debates.

As reported by Zero Hedge, retail sales were lower than expected and consumer confidence plunged. He quotes Sealed Air’s CEO, “we are in the fourth year of the recovery and it doesn’t feel like a recovery. Because it’s the first time ever that things, four years within a recovery, are feeling so iffy.”

With that back drop, what happens? People buy stocks.

Nothing makes sense in this economy right now. Foretells of problems in the future I believe. The only question is when.

Reynolds Law:

The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.

From all the noise coming from the Senate today on the immigration bill, I have a question: Who do these people work for? Us or the illegal immigrants? It would seem an easy question to answer. However, these members of congress don’t appear to understand it.

If the current IRS scandal brewing in DC tells us anything it is that the current political class will use any means to stay in power. The most powerful means they have is the taxing authority. Due solely on their abuse of trust and power, we need to eliminate this.

First, repeal the income tax amendment to the constitution.

Next, implement a flat tax or national sales tax. Either should be without loopholes or political favors, just a number multiplied by a rate.

With this change, we can fund government adequately and hit them where it hurts.

Why don’t all of you liberals stay put instead of moving to Red states and screwing them up? Too bad there can’t be a tax on liberals to make them pay for the misery they put upon everyone by their policies.