The federal government borrowed 46 cents of every dollar it has spent so far in fiscal
year 2013, which began Oct. 1, according to the latest data the Congressional
Budget Office released Friday. It's apparent neither the president nor congress
have the courage nor will to do what MUST be done to save the country from its
own pending financial disaster, and since they cannot agree on the kind of cuts
in spending and increases in revenue that need to happen to stop the insanity
of the reckless spending, I say just let the "fiscal cliff" happen.
It will for a time slow the economy for sure, but far less than waking up one
day and not having the credit to borrow the money to pay it obligations, much
like most of Europe is now facing. Ask nearly anyone on the street and it seems
like most Americans know we can't borrow money forever, but sadly the only ones
that seem to understand that are the ones that aren't in charge of this
countries purse strings. The government is poised
to post another $1 trillion deficit in fiscal year 2013, which would mark the
fifth straight year. Before that, the record was $438 billion, which came in
2008, President George W. Bush’s last full year in office. With the National Debt
increasing every second of every day maybe it's time to rip the proverbial "band
aid" off and do something about it now.
Fiscally conservative, outspoken, and a believer in the Constitution of the United States.
Sunday, December 9, 2012
Saturday, December 8, 2012
It's All About the Money, Not the Planet
President
Obama may consider introducing a tax on carbon emissions to help cut the U.S.
budget deficit after winning a second term as president, according to HSBC
Holdings Plc. A
tax starting at $20 a metric ton of carbon dioxide equivalent and rising at
about 6 percent a year could raise $154 billion by 2021, Nick Robins, an
analyst at the bank in London, said today in an e-mailed research note, citing
Congressional Research Service estimates. “Applied to the Congressional Budget
Office’s 2012 baseline, this would halve the fiscal deficit by 2022,” Robins
said.
Make no mistake Obama will pass this off carbon taxes as necessary to save the planet from global warming when, in fact, he openly admits it is about generating revenue. Beyond the generating of revenue to offset our own budget deficit, world wide, carbon taxes are also on the UN's radar as a way to spread the wealth of wealthy nations to the less fortunate. Of course in the end the real winners in the carbon tax debate will be the banks, as usual. The biggest problem with the whole "man made" global warming theory is that the science used to explain it was/is flawed and has been misrepresented for years. The FACTS about global are clear, and the science against it being "man made" are real...
COMMON
MISCONCEPTIONS ABOUT GLOBAL WARMING
MYTH 1: Global temperatures are
rising at a rapid, unprecedented rate.
FACT: The HadCRUT3 surface
temperature index shows warming to 1878, cooling to 1911, warming to 1941,
cooling to 1964, warming to 1998 and cooling through 2011. The warming rate
from 1964 to 1998 was the same as the previous warming from 1911 to 1941.
Satellites, weather balloons and ground stations all show cooling since 2001.
The mild warming of 0.6 to 0.8 C over the 20th century is well within the
natural variations recorded in the last millennium. The ground station network
suffers from an uneven distribution across the globe; the stations are preferentially
located in growing urban and industrial areas ("heat islands"), which
show substantially higher readings than adjacent rural areas ("land use
effects"). Two science teams have shown that correcting the surface
temperature record for the effects of urban development would reduce the
warming trend over land from 1980 by half.
There has been no catastrophic warming
recorded.
MYTH 2: The "hockey stick" graph proves that the earth has experienced a steady, very gradual temperature decrease for 1000 years, then recently began a sudden increase.
FACT: Significant changes in
climate have continually occurred throughout geologic time. For instance, the
Medieval Warm Period, from around 1000 to1200 AD (when the Vikings farmed on
Greenland) was followed by a period known as the Little Ice Age. Since the end
of the 17th Century the "average global temperature" has
been rising at the low steady rate mentioned above; although from 1940 – 1970
temperatures actually dropped, leading to a Global Cooling scare.
The "hockey stick", a poster
boy of both the UN's IPCC and Canada's Environment Department, ignores
historical recorded climatic swings, and has now also been proven to be flawed
and statistically unreliable as well. It is a computer construct and a faulty one
at that.
MYTH 3: Human produced carbon
dioxide has increased over the last 100 years, adding to the Greenhouse effect,
thus causing most of the earth's warming of the last 100 years.
FACT: Carbon dioxide levels have
indeed changed for various reasons, human and otherwise, just as they have
throughout geologic time. Since the beginning of the industrial revolution, the
CO2 content of the atmosphere has increased. The RATE
of growth during this period has also increased from about 0.2% per
year to the present rate of about 0.4% per year ,which growth rate has now been
constant for the past 25 years. However, there is no proof that CO2
is the main driver of global warming. As measured in ice cores dated over many
thousands of years, CO2 levels move up and down AFTER the
temperature has done so, and thus are the RESULT OF, NOT THE CAUSE of warming.
Geological field work in recent sediments confirms this causal relationship.
There is solid evidence that, as temperatures move up and down naturally and cyclically
through solar radiation, orbital and galactic influences, the warming surface
layers of the earth's oceans expel more CO2 as a result.
MYTH 4: CO2 is the most common
greenhouse gas.
FACT: Greenhouse gases form about 3% of the atmosphere
by volume. They consist of varying amounts, (about 97%) of water vapor and
clouds, with the remainder being gases like CO2, CH4,
Ozone and N2O, of which carbon dioxide is the largest amount. Hence,
CO2 constitutes about 0.039% of the atmosphere. While the minor
gases are more effective as "greenhouse agents" than water vapor and
clouds, the latter are overwhelming the effect by their sheer volume and – in
the end – are thought to be responsible for 75% of the "Greenhouse
effect". (See here) At current concentrations, a 3% change of
water vapor in the atmosphere would have the same effect as a 100% change in
CO2.
Those attributing climate change to CO2
rarely mention these important facts.
MYTH 5: Computer models verify that CO2 increases will cause
significant global warming.
FACT: The computer models assume
that CO2 is the primary climate driver, and that the Sun has an insignificant
effect on climate. You cannot use the output of a model to verify or prove its
initial assumption - that is circular reasoning and is illogical. Computer
models can be made to roughly match the 20th century temperature rise by
adjusting many input parameters and using strong positive feedbacks. They do
not "prove" anything. Also, computer models predicting global warming
are incapable of properly including the effects of the sun, cosmic rays and the
clouds. The sun is a major cause of temperature variation on the earth surface
as its received radiation changes all the time, This happens largely in
cyclical fashion. The number and the lengths in time of sunspots can be
correlated very closely with average temperatures on earth, e.g. the Little Ice
Age and the Medieval Warm Period. Varying intensity of solar heat radiation
affects the surface temperature of the oceans and the currents. Warmer ocean
water expels gases, some of which are CO2. Solar radiation interferes with the
cosmic ray flux, thus influencing the amount ionized nuclei which control cloud
cover.
MYTH 6: The UN proved that man–made CO2 causes global warming.
FACT: In a 1996 report by the UN
on global warming, two statements were deleted from the final draft approved
and accepted by a panel of scientists. Here they are:
1) “None of the studies cited above has shown clear evidence that we can attribute the observed climate changes to increases in greenhouse gases.”
2) “No study to date has positively attributed all or part of the climate change to man–made causes”
1) “None of the studies cited above has shown clear evidence that we can attribute the observed climate changes to increases in greenhouse gases.”
2) “No study to date has positively attributed all or part of the climate change to man–made causes”
To the present day there is still no
scientific proof that man-made CO2 causes significant global warming.
MYTH 7: CO2 is a pollutant.
FACT: This is absolutely not true. Nitrogen forms
80% of our atmosphere. We could not live in 100% nitrogen either. Carbon
dioxide is no more a pollutant than nitrogen is. CO2 is essential to
life on earth. It is necessary for plant growth since increased CO2 intake
as a result of increased atmospheric concentration causes many trees and other
plants to grow more vigorously. Unfortunately, the Canadian Government has
included CO2 with a number of truly toxic and noxious substances listed
by the Environmental Protection Act, only as their means to politically control
it.
MYTH 8: Global warming will cause more storms and other weather extremes.
FACT: There is no
scientific or statistical evidence whatsoever that supports such claims on a
global scale. Regional variations may occur. Growing insurance and
infrastructure repair costs, particularly in coastal areas, are sometimes
claimed to be the result of increasing frequency and severity of storms,
whereas in reality they are a function of increasing population density,
escalating development value, and ever more media reporting.
MYTH 9: Receding glaciers and the calving of ice shelves are proof of global warming.
FACT: Glaciers have
been receding and growing cyclically for hundreds of years. Recent
glacier melting is a consequence of coming out of the very cool period of the
Little Ice Age. Ice shelves have been breaking off for centuries. Scientists
know of at least 33 periods of glaciers growing and then retreating. It’s
normal. Besides, glacier's health is dependent as much on precipitation as on
temperature.
MYTH 10: The earth’s poles are warming; polar ice caps are breaking up and melting and the sea level rising.
FACT: The earth is variable. The
western Arctic may be getting somewhat warmer, due to cyclic events in the
Pacific Ocean, but the Eastern Arctic and Greenland are getting colder. The
small Palmer Peninsula of Antarctica is getting warmer, while the main
Antarctic continent is actually cooling. Ice thicknesses are increasing both on
Greenland and in Antarctica.
Friday, December 7, 2012
Bend Over This Won't Hurt a Bit
As we begin a new year, and enter into the new era of socialized medicine, lets take a look just at how it is going to be funded, well at least at first....
1.
Individual Mandate Excise Tax(Jan 2014): Starting in
2014, anyone not buying “qualifying” health insurance must pay an income surtax
according to the higher of the following
1
Adult
|
2
Adults
|
3+
Adults
| |
2014
|
1%
AGI/$95
|
1%
AGI/$190
|
1%
AGI/$285
|
2015
|
2%
AGI/$325
|
2%
AGI/$650
|
2%
AGI/$975
|
2016
+
|
2.5%
AGI/$695
|
2.5%
AGI/$1390
|
2.5%
AGI/$2085
|
Exemptions
for religious objectors, undocumented immigrants, prisoners, those earning less
than the poverty line, members of Indian tribes, and hardship cases (determined
by HHS)
2.
Employer Mandate Tax(Jan 2014): If an employer does not
offer health coverage, and at least one employee qualifies for a health tax
credit, the employer must pay an additional non-deductible tax of $2000 for all
full-time employees. This
provision applies to all employers with 50 or more employees. If any
employee actually receives coverage through the exchange, the penalty on the
employer for that employee rises to $3000. If the employer requires a waiting
period to enroll in coverage of 30-60 days, there is a $400 tax per employee
($600 if the period is 60 days or longer).
Combined
score of individual and employer mandate tax penalty: $65 billion/10
years
3.
Surtax on Investment Income ($123 billion/Jan. 2013):
This increase involves the creation
of a new, 3.8 percent surtax on investment income earned in households
making at least $250,000 ($200,000 single). This would result in the following
top tax rates on investment income
Capital
Gains
|
Dividends
|
Other*
| |
2010-2012
|
15%
|
15%
|
35%
|
2013+
(current law)
|
23.8%
|
43.4%
|
43.4%
|
2013+
(Obama budget)
|
23.8%
|
23.8%
|
43.4%
|
*Other
unearned income includes (for surtax purposes) gross income from interest,
annuities, royalties, net rents, and passive income in partnerships and
Subchapter-S corporations. It does not include municipal bond interest or life
insurance proceeds, since those do not add to gross income. It does not include
active trade or business income, fair market value sales of ownership in
pass-through entities, or distributions from retirement plans. The 3.8% surtax
does not apply to non-resident aliens.
4.
Excise Tax on Comprehensive Health Insurance Plans($32 bil/Jan
2018): Starting in 2018, new 40 percent excise tax on “Cadillac”
health insurance plans ($10,200 single/$27,500 family). For early retirees and
high-risk professions exists a higher threshold ($11,500 single/$29,450
family). CPI +1 percentage point indexed.
5.
Hike in Medicare Payroll Tax($86.8 bil/Jan
2013)
6.
Medicine Cabinet Tax($5 bil/Jan 2011): Americans no
longer able to use health savings account (HSA), flexible spending account
(FSA), or health reimbursement (HRA) pre-tax dollars to purchase
non-prescription, over-the-counter medicines (except insulin)
7.
HSA Withdrawal Tax Hike($1.4 bil/Jan 2011): Increases
additional tax on non-medical early withdrawals from an HSA from 10 to 20
percent, disadvantaging them relative to IRAs and other tax-advantaged accounts,
which remain at 10 percent.
8.
Flexible Spending Account Cap – aka“Special
Needs Kids Tax”($13 bil/Jan 2013): Imposes cap of $2500
(Indexed to inflation after 2013) on FSAs (now unlimited). There
is one group of FSA owners for whom this new cap will be particularly cruel and
onerous: parents of special needs children. There are thousands of
families with special needs children in the United States, and many of them use
FSAs to pay for special needs education. Tuition rates at one leading school
that teaches special needs children in Washington, D.C. (National
Child Research Center) can easily exceed $14,000 per year. Under tax rules,
FSA dollars can be used to pay for this type of special needs
education.
9.
Tax on Medical Device Manufacturers($20 bil/Jan 2013):
Medical device manufacturers employ 360,000 people in 6000 plants across the
country. This law imposes a new 2.3% excise tax. Exemptions include items
retailing for less than $100.
10.
Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of
AGI($15.2 bil/Jan 2013): Currently, those facing high
medical expenses are allowed a deduction for medical expenses to the extent that
those expenses exceed 7.5 percent of adjusted gross income (AGI). The new
provision imposes a threshold of 10 percent of AGI; it is waived for 65+
taxpayers in 2013-2016 only.
11.
Tax on Indoor Tanning Services($2.7 billion/July 1,
2010): New 10 percent excise tax on Americans using indoor tanning
salons
12.
Elimination of tax deduction for employer-provided retirement Rx drug coverage
in coordination with Medicare Part D($4.5 bil/Jan
2013)
13.
Blue Cross/Blue Shield Tax Hike($0.4 bil/Jan 2010): The
special tax deduction in current law for Blue Cross/Blue Shield companies would
only be allowed if 85 percent or more of premium revenues are spent on clinical
services
14.
Excise Tax on Charitable Hospitals(Min$/immediate):
$50,000 per hospital if they fail to meet new "community health assessment
needs," "financial assistance," and "billing and collection" rules set by
HHS
15.
Tax on Innovator Drug Companies($22.2 bil/Jan 2010): $2.3
billion annual tax on the industry imposed relative to share of sales made that
year.
16.
Tax on Health Insurers($60.1 bil/Jan 2014): Annual tax on
the industry imposed relative to health insurance premiums collected that year.
The stipulation phases in gradually until 2018, and is fully-imposed on firms
with $50 million in profits.
17.
$500,000 Annual Executive Compensation Limit for Health Insurance
Executives($0.6 bil/Jan 2013)
18.
Employer Reporting of Insurance on W-2(Min$/Jan 2011):
Preamble to taxing health benefits on individual tax returns.
19.
Corporate 1099-MISC Information Reporting($17.1 bil/Jan
2012): Requires businesses to send 1099-MISC information tax forms
to corporations (currently limited to individuals), a huge compliance burden for
small employers
20.
“Black liquor” tax hike(Tax hike of $23.6 billion). This
is a tax increase on a type of bio-fuel.
21.
Codification of the “economic substance doctrine”(Tax hike of $4.5
billion). This provision allows the IRS to disallow
completely-legal tax deductions and other legal tax-minimizing plans just
because the IRS deems that the action lacks “substance” and is merely intended
to reduce taxes owed.
Thursday, December 6, 2012
What would They Say Now?
Law enforcement groups have asked the US Senate to require
wireless carriers to store text messages for up to two years citing a current
lack of federal requirement to do so, "can hinder law enforcement
investigations". Congress is in discussions now over updating a 1986
privacy law for the cloud computing era. Using an argument like "can
hinder law enforcement" to force the changing of laws to suit them would
be setting an eerie precedent, were would it all end? Once we start down that
road anything in the future law
enforcement deems "hinders law enforcement" could be deemed illegal?
In drafting one of the most unique and important documents
of modern times, our constitution, the founding fathers put great emphasizes on
both protecting our personal rights and limiting the power of the federal
government. The 9th Amendment..
"The enumeration in the
Constitution, of certain rights, shall not be construed to deny or disparage
others retained by the people."
As
part of the "Bill of Rights" supreme court justices have long used it
as the binding authority in protecting the right to privacy, the right to
travel, and the presumption of innocence. Taken with the 10th amendment...
"The powers not delegated to
the United States by the Constitution, nor prohibited by it to the States, are
reserved to the States respectively, or to the people."
States
have used this amendment for years to argue that the federal government does
not have rights beyond what is granted it in the constitution. The supreme
court has ruled laws unconstitutional for violating the 10th amendment when the
federal government compels states to enforce federal statutes. The founding
fathers in writing the constitution, a document that had stood the test of time,
knew the importance of protecting one's privacy and limiting the power of the
government but what would they say now?
Wednesday, December 5, 2012
Why Amending The NDAA Is Not The Answer
This week Senator Dianne Feinstein introduced, and approved
by the Senate, an amendment to the NDAA. Her amendment sought to address
concerns about the provision in the NDAA that allows for indefinite detention of
citizens without due process, in direct violation of our 5th Amendment rights.
"No person shall be held to answer for a capital, or otherwise
infamous crime, unless on a presentment or indictment of a Grand Jury, except
in cases arising in the land or naval forces, or in the Militia, when in actual
service in time of War or public danger; nor shall any person be subject for
the same offense to be twice put in jeopardy of life or limb; nor shall be
compelled in any criminal case to be a witness against himself, nor be deprived
of life, liberty, or property, without due process of law; nor shall
private property be taken for public use, without just compensation."
The idea
of restoring our 5th Amendment rights by amending the NDAA seems like at least
a step forward but, either on purpose or by ignorance, her amendment proves to
be little more than smoke screen to quiet the masses that have issues with the
various provision of the NDAA. Her amendment includes the language...
“An authorization to use military force, a declaration of war, or any similar authority shall not authorize the detention without charge or trial of a citizen or lawful permanent resident of the United States apprehended in the United States, unless an Act of Congress expressly authorizes such detention.”
That last
phrase, "unless an act of congress expressly authorizes such
detention" is the catch that makes the whole amendment not worth the paper it's wrote on or the time
it took to vote on. The NDAA (National
Defense and Authorization Act) is by definition an authorized
act of congress already! Amending the NDAA is clearly not the answer and the
very fact that no one in the senate is stepping forward with any type of
meaningful changes to the NDAA clear shows congress supports it, and has no
real desire to reign in on its power to strip us of our rights. At this point the
only real answer is to apply enough pressure on our elected officials, or vote
in new ones, that will push to fully repeal the NDAA.
Tuesday, December 4, 2012
It is not , nor has it ever been, America's job to make the world a democracy
Yesterday President Obama warned President Assad and his
supporters not to unleash the "worst weapons of the 20th century" in
the 21st, capping a day of alarming American warnings on the Syrian regime's
intentions. He went on to finish by saying, " If you make the mistake of
using these weapons, there will be consequences and you will be held
accountable."
What does all mean for America? For months the Obama
administration has been hinting at becoming more involved in the Syrian
conflict but has met with resistance from both inside the military and with the
public. The pending election made dragging the nation into another armed
conflict too risky as public opinion poles showed Americans were/are not ready
to be dragged into another middle east conflict. The election now behind the
President and clearly he is demonstrating his new found "flexibility"
to throw caution to the wind.
Clearly he has "drawn the line in the sand" with
Syria, almost daring them to cross it, he has opened the door to dragging us
into a conflict most Americans have no
interest in and that we cannot afford. Many believe that the timing now
is right for a "red flag" event. Don't be surprised if in the very
near future a WMD is used in Syria with that government denying it belongs to
them and Obama sending troops on the ground, just as he's wanted to do for
months. It's in these times I remember clearly the statement made by former
president Gerald Ford in one of his last interviews. He was asked what he
thought about our involvement in the middle east conflicts and he paused and
replied, "It is not , nor has it ever been, America's job to make the
world a democracy"
Monday, December 3, 2012
I've Been Remiss in My Duties
It's been awhile since I have blogged, the elections got me
down a bit, and the world has been passing by without the benefits of my vast
opinions. We are speeding along to all
kinds of news worthy events, Dec.21st, the fiscal cliff, and of course the
second term of a president with ,"more flexibility", all of which are
scary as _____. My YouTube channel "Nativerobin" is growing in leaps
and bounds and I'm still fine tuning Nativerobin.com. Of course my media empire
includes "Nativerobin" on twitter, blogtv, my personal Facebook
page is pretty active, and I'm considering BlogTalkradio soon. All in all if the world doesn't come to end either by
natural causes or by the actions of the NWO, 2013 very well could be an exciting
blogging time!
Merry Christmas!
Robin
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