Wednesday, March 31, 2010

Can you believe what the media tells you?

This is a post that I received in my email.
Bloomberg: Home Prices in 20 U.S. Cities Rose 0.3% in January
Home prices in 20 U.S. cities unexpectedly rose in January, indicating the housing market is stabilizing as the economy expands. The S&P/Case-Shiller home price index climbed 0.3% from the prior month…

MarketWatch: U.S. Jan. Case-Shiller Home Prices Fall 0.4%
Home prices in 20 major U.S. cities fell a not-seasonally adjusted 0.4% in January compared with December, according to the Case-Shiller home price index released Tuesday...

Pardon our language, but it’s all BS. With enough political pressure, preconceptions, seasonal adjustments and ambiguous data, you can print whatever you want… so long as the masses don’t bother to check the source and think for themselves.

So if I want to convince you that the housing market is better, I just quote Bloomberg. However, if I want to convince you that the housing market is still bad, I just quote MarketWatch.

Why would you believe either of them? Check it out for yourself.

More taxes on the way

This article tells about yet another plan to raise taxes. It was in the Las Vegas Sun, but I couldn't find the link in the sun so I used this link.

It says that
In the scramble to find something, anything, to generate more revenue, states are considering new taxes on virtually everything: garbage pickup, dating services, bowling night, haircuts, even clowns.

This Sun article has an interested graphic showing what is proposed in Nevada.
You can see it here.
It looks like 2011 or 2012 will be the year of the biggest tax increase instead of the last biggest tax increase in history. Each tax increase gets bigger and bigger.

As long as the taxicans and taxocrats are in power, it will continue.

Miles you drive may get to be taxing

This article tells how
The Nevada Department of Transportation has quietly developed a device it could use to track vehicles and charge drivers based on distance, routes and times of day they travel the state’s roadways.

It is an absolute certainty that, unless there is a complete change in the legislature, you will have to pay a lot more taxes.

By complete change, I mean that the independent candidates get elected and the Democrats and Republicans get thrown out. It is the only way to stop the reckless spending and increased taxation.

Young adults to carry burden

This was the headline in the Review Journal on March 30, 2010. The sub headline was
Age group to pay more, older Americans less. The link I have is to The Herald which had a different headline, but the story is the same.

Since I am 70 and in the young adults age group, I don't think that the young age group should pay for the older groups reckless spending.

This article is mostly about healthcare reform, but it applies to all the out of control spending programs that the current parties have enacted. Yes, I blame both parties. After all, they have been in complete control for over 100 years.

Monday, March 29, 2010

We must not let this happen.


This cartoon was in the Las Vegas Review Journal today.

Tea Party loves liberty and freedom, brews.anger

This Review Journal article reviews the human side of the Tea Party Searchlight event. Most of you have read about the huge turnout and events, but this is a more personal article.
Thousands gathered for the Tea Party's 'Showdown in Searchlight,' officially to take their righteous stand in the name of liberty and conservative values, but also to vent their anger at the America they find themselves in these days.

The folks I talked to, to a person, were certain the current administration has made them less free. They're sure the Democrats are bankrupting the country, not fixing health care, doing nothing to improve the awful job market, and worst of all are ruining America for future generations.

They love the Constitution. (Applause.)
They love Jesus. (Bigger applause.)
They love liberty. (With due respect to the Almighty, I think liberty received bigger applause.)
They love to say the word liberty. Liberty and freedom. Freedom and liberty. Constitutionally guaranteed freedom and liberty.

The interesting thing is that there was no violence, trouble, or any disturbances.

The Vat cometh-Prepare for a big new tax.

This article was in the Review Journal, but I couldn't find a link to it on the RJ web site so I used this link.

Basically this article outlines the upcoming expenses that will cause a bigger deficit and how the vat tax will be added on top on income tax to raise revenue.

It states that
With the passage of Obamacare, creating a vast new middle-class entitlement, a national sales tax of the kind near-universal in Europe is inevitable.

Hence his(Obama's) deficit reduction commission. It will report (surprise!) after the November elections.

What will it recommend? What can it recommend? Sure, Social Security can be trimmed by raising the retirement age, introducing means testing and changing the indexing formula from wage growth to price inflation.

But this won't be nearly enough. As Obama has repeatedly insisted, the real money is in health care costs -- which are now locked in place by the new Obamacare mandates.

That's where the value-added tax comes in. For the politician, it has the virtue of expediency: People are used to sales taxes, and this one produces a river of revenue.

It is time for a new revolution. It is time to vote out both parties. They both increase taxes and spend your money. They just spend it on different things.