Joe Biden’s snub to Netanyahu as he arrives 90minutes late for dinner in middle of row with Israel over West Bank houses

Joe Biden’s snub to Netanyahu as he arrives 90minutes late for dinner in middle of row with Israel over West Bank houses

By Mail Foreign Service
Last updated at 5:48 PM on 10th March 2010

U.S. Vice President Joe Biden snubbed Israeli Prime Minister Benjamin Netanyahu last night by arriving 90 minutes late to a scheduled dinner.

Mr Biden’s late arrival was in response to Israel announcing 1,600 new homes will be built in disputed east Jerusalem during his visit to the region.

He sharply rebuked the Israeli step – which came just after the Palestinians agreed to a new round of indirect peace talks under U.S. mediation after a 14-month lapse.

Joe Biden, Jill Biden, Benjamin Netanyahu, Sara NetanyahuSnub: U.S. Vice President Joe Biden (left) and Israeli Prime Minister Benjamin Netanyahu (right) pose for photographers before their dinner. Mr Biden arrived 90 minutes late after Israel’s announcement to build homes on war-won land

‘The substance and timing of the announcement, particularly with the launching of proximity talks, is precisely the kind of step that undermines the trust we need right now,’ Mr Biden said.

‘We must build an atmosphere to support negotiations, not complicate them,’ he added, warning that ‘unilateral action taken by either party cannot prejudge the outcome of negotiations.’

Israel today apologised for disrupting Mr Biden’s visit with its announcement, but made clear it had no intention of reversing the order that has cast a shadow over the latest U.S. push for peace in the Middle-East.

As Mr Biden held talks with top Palestinian leaders in the West Bank, Israeli Interior Minister Eli Yishai, whose office announced the new construction on lands Palestinians claim for a future state, said the problem was about timing, not substance.

‘We had no intention, no desire, to offend or taunt an important man like the vice president during his visit,’ Mr Yishai told Israel Radio.

‘I am very sorry for the embarrassment. We need to remember that approvals are done according to law even if the timing was wrong… Next time we need to take timing into account.’


Joe Biden and Benjamin NetanyahuTable talk: Mr Biden and Mr Netanyahu exchange serious words before starting their dinner

Mr Biden’s talks with the Palestinians today were aimed in part to ease their doubts about the latest U.S. peace efforts.

Israel’s planned construction in east Jerusalem was an embarrassing setback for Mr Biden after a day of warm meetings with senior Israeli officials – and drew an unusually harsh condemnation from the vice president.

Palestinian Prime Minister Salam Fayyad said the Israeli announcement was ‘damaging’ and posed a ‘great challenge’ to restarting peace talks.

Palestinian negotiator Saeb Erekat said the new construction would be the main item on the Mahmoud Abbas-Joe Biden agenda.

‘I think the Israeli government is making it almost impossible for us, the Americans and the international community, to take a one centimeter step in the direction of reviving the peace process,’ he said.

Palestinian security forces lined the streets of Ramallah as Mr Biden’s convoy of black SUVs made its way from Mr Fayyad’s office to Mr Abbas’ headquarters, a ten-minute drive. Riot policemen, with their backs to the road, faced small groups of Palestinians watching from side roads and shops.

Fayyad said the Palestinians appreciated ‘the strong statement of condemnation’ of Israel’s announcement by the U.S. administration.

Israel’s opposition Kadima party said it is planning a no-confidence vote in the prime minister in parliament for ‘destroying’ the Biden visit.

The new construction plan also drew a sharp rebuke from Egypt, Israel’s closest ally in the Arab world, and from U.N. Secretary-General Ban Ki-moon.

Hossam Zaki, a spokesman for the Egyptian Foreign Ministry, said: ‘This is absurd. It is disdainful of the Arab and the Palestinian positions and the American mediation.’

Joe Biden and Salam FayyadAll smiles: Mr Biden shakes hands with Palestinian leader Salam Fayyad

Israeli media lambasted the move, calling it an embarrassment.

‘A slap heard round the world,’ read the headline of a front-page commentary in Israel’s Haaretz daily.

Israel’s refusal to halt building on war-won land has infuriated the Palestinians and undermined their faith in the U.S. as an effective mediator.

President Barack Obama initially called for a complete settlement freeze, but did not take Israel to task when it only agreed to a ten-month moratorium on housing starts in the West Bank. Mr Netanyahu refuses to stop building in east Jerusalem, saying he will never partition the city.

The Palestinians want east Jerusalem, captured by Israel in the 1967 Mideast War, as their future capital.

Earlier this week, the Palestinians reluctantly agreed to indirect negotiations with Israel, with U.S. Mideast envoy George Mitchell to shuttle between Mr Abbas and Mr Netanyahu in coming months.

Mr Abbas has said he won’t resume direct negotiations without a settlement freeze, leaving the U.S. no choice but to arrange the indirect talks in hopes of ending the impasse.

Growing settlements take up more and more of the land the Palestinians want for their state and make partition increasingly difficult. Today, nearly 300,000 Israeli settlers live in the West Bank and 180,000 in east Jerusalem.

The ongoing construction is also eroding domestic support for Abbas and his policy of trying to negotiate the terms of Palestinian statehood with Israel.

Many Palestinians are critical of U.S.-led peace efforts, saying two decades of on-and-off negotiations have deepened Israeli control over the lands they want for their state, instead of bringing them closer to independence.

The latest Israeli building plan is undermining Mr Abbas, said Mr Erekat. ‘It’s a really disastrous situation. I hope that this will be an eye-opener for all in the international community.’

At Tuesday’s dinner, Mr Netanyahu told Mr Biden he was caught off guard by the ministry’s announcement, a senior Israeli official said, speaking on condition of anonymity because the dinner was closed.

While Mr Netanyahu considers east Jerusalem to be part of Israel, he acknowledged the timing of the announcement was poor and said he had no intention of sabotaging Mr Biden’s visit. He stressed that there are no plans to begin construction anytime soon.

Obama Polls March 11

Muslims’ Sheep Mentality

Muslims’ Sheep Mentality Print
Tuesday, 09 March 2010
Humans are living information machines, receiving input from both external sources as well as the body, processing it in some fashion, and producing output: our thoughts and behavior. From the moment of birth, parents, siblings, and others play pivotal parts in supplying the input and influencing how it is processed.

Diffusing the present dangerous confrontation between Islam and the West demands rational, impartial and cool heads to untangle facts from myth, understand the Muslims’ mindset, and redress any grievances on either side.

The word Islam literally means “submission to the will of Allah.”  In that regard, a true Muslim has no choice but to do as the Quran dictates. They are told what to eat, what to drink and what to avoid eating or drinking. In other words, a true Muslim must live like a sheep his entire life.  Muslims are only permitted by Islam to eat the food offered them by their book; in other words, the food outside of the book is forbidden.

[5:1] O you who believe, you shall fulfill your covenants. Permitted for you to eat are the livestock, except those specifically prohibited herein. You shall not permit hunting throughout Hajj pilgrimage. Allah decrees whatever He wills.

[5:10] As for those who disbelieve and reject our revelations, they are the dwellers of Hell.

A Muslim is, first and foremost, an Ummahist—a citizen of international Islam. It does not matter in what country they live or have become a citizen. First and foremost, they are Muslims. In other words, the law of the land means nothing to them, only the words of their holy book. So, when a Muslim takes the Pledge of Allegiance to serve in the United State military, he is either ignorant of the implication of his pledge or is lying willfully. What Maj. Nidal Malik Hassan did when he killed 13 people at Fort Hood, Texas, and hurt 30 others, did not feel any remorse; he only did what was asked of him by his holy book. Like many Muslims, He was programmed from the moment he was born. What seems to be very scary is that we have other Maj. Hasans in our military establishment and also within the civilian community that can snap at any time.  

Ignorance of the law is never a valid reason in a court of law, and lying in the process of applying for a federal job is grounds for denying the application and possibly even more severe consequences. Sadly enough, taqqeyh—lying, or dissimulation—is not only condoned, it is recommended to the Muslims in their scripture. Hence, a Muslim can and would lie without any compunctions, whenever it is expedient.  

[5:77] Say, “O people of the scripture, do not transgress the limits of your religion beyond the truth, and do not follow the opinions of people who have gone astray, and have misled multitudes of people; they are far astray from the right path.”

[5:78] Condemned are those who disbelieved among the Children of Israel, by the tongue of David and Jesus, the son of Mary. This is because they disobeyed and transgressed.

The Muslim’s mind is imprinted with authoritarianism which starts with the supreme authority, Allah, through his one and only prophet, Muhammad, his Caliphs or Imams, and the high-ranking religious divines all the way down to the village clergy. A dangerous feature of the authoritarian personality is the relative lack of independent thinking. This deficiency makes the person highly amenable to manipulation. Islam, by its rigidly authoritarian make up, robs a Muslim of independent thinking to the extent that the believer blindly adopts it as his infallible system of belief. Hence, the religion of Islam is guilty of conditioning masses of people as easily manipulatable instruments in the hands of authority figures.

To Muslims, the goal is everything. As religious fascism, Islam condones any and all means to achieve its goals. The ultimate objective of Islam is the rule of the entire world under the Islamic Ummah—never mind that these life-in-hand soldiers of Allah disagree with one another regarding the Ummah itself and who is going to reign over it. That’s a “family dispute” that they will resolve by their usual favorite method—brute force. Each Islamic sect believes that it has the Prophet and Allah on its side and it will prevail over the other. For now they have to work diligently to achieve the intermediary goal of defeating all non-believers.

There are countless instances that substantiate Muslims’ “end justifies the means” guiding principle. This policy dates back to Muhammad himself. Muhammad repeatedly made peace covenants with his adversaries, only to violate them as soon as he was in an advantageous position to do so. Betrayal, deception and outright lies are fully condoned in furthering the work of Islam. In the present-day world, the work of Islam is defined by a deeply-entrenched and influential clergy who issue fatwa—rulings—that become directives and laws to the faithful.

One of the greatest subtle, yet important differences between the Muslim’s mindset and that of the people in the West is the extent to which Muslims are fatalistic. There is hardly a statement that a Muslim makes without being conditional—conditional on the will of Allah. (Inshallah) “I shall see you tomorrow, Allah willing,” (Inshallah) “You will make it home, Allah willing,” (Inshallah) “Things will work out, Allah willing,” (Inshallah) and on and on and on. To the Muslim, Allah is on the job—on every job. Allah, with his invisible mighty hand, literally does and runs everything. “Allah’s hand is above all other hands,” adorns every imaginable space in Islamic lands—a telling point about the Muslim’s fatalism and submission to the omnipotent omnipresent hand. If something happens, it is Allah’s will. If it doesn’t, it is Allah’s will. The rank and file Muslim has little will of his own. It absolves him of any and all responsibility. This mentality is in stark contrast with the “take charge” and “can do” mentality characteristic of Americans and others.

People as a group or as individuals are different and none is perfectly healthy psychologically. We all have a loose wheel or two as we travel the bumpy road of life. Yet, most people manage to stay on course most of the time, with perhaps a stop or two at a repair shop of a mental health professional.

Most psychological disorders are exaggerations, deficits or surfeits of the generally accepted norm—whatever the norm may be. When caution, for instance, is practiced past suspicion, then we have paranoia; when reasonable fear is exercised beyond any justification, then there is phobia. The degree and severity of a condition frequently determine the presence or absence of psychopathology.

Muslims share a common Islamic psychological milieu, they are on an Islamic “diet,” whether they live in Islamic lands or in societies predominantly non-Islamic. The psychological condition of any Muslim group or individual is directly dependent on the kind and amount of Islamic diet they consume. The Islamic diet has numerous ingredients—some of which are wholesome, some are dangerously toxic, and some are between the two extremes.

Over the years, the Islamic leaders have found it expedient to feed the masses mainly the toxic ingredients to further their own interests. Individuals and groups, for instance, have used the immense energizing power of hatred to rally the faithful; the cohesive force of polarization to create in-group solidarity; and, the great utility value of blaming others for their real and perceived misfortunes. Jews have been their favorite and handy scapegoats from day one. To this day, as true fascists, like the Nazis, Muslims blame just about everything on the Jews.

Admittedly, the non-Islamic culture is no panacea. It has, however, one outstanding feature that Islamic lacks—it allows for liberty with all its attendants— good, bad, or indifferent. For those who have experienced liberty, no inducement is likely to make them give it up—particularly not the fictional promises of the Islamists that have failed in the past and are doomed to fail even more miserably in the future.

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It has been my contention for a long time that Islam ’causes’ psychotic episodes in Muslims…Their over-all behavior world wide seems to confirm it…

Posted by duh_swami, on 03/11/2010 at 03:39

This is the truth, nothing but the truth. Any rational person, not blinded by any religious or multicultural relativism belief or conviction, will be able to see all these. Most of the democratically elected Western leaders do understand the truth put forward by this article but choose to look the other way because the current democratic structure and social set up does not allow them to admit this truth.That is the reason why our war against terrorism is failing miserably. We will not win this war against terrorism if our Western and free world leaders continue to look the other way and continue to deny this truth. This is a classic case of ostrich head in the sand. The don’t hear, don’t see, don’t speak policy is in play here from the east to the west. In fact, the non elected government like China and Russia is doing better than the west because of their obsolete authority. This is my message to the west, your leader will not be able to take the lead to admit this truth. They are coward, playing to the wind of popularity. It is the people, holding the key to rise up to this occasion. Until the wind of popularity has shifted to this truth, nothing will change. In order to drive the wind of change, we must continue to propagate this truth to both the non- Muslim and Muslim. The masses must rise up to this occasion to tell the leaders of the world that this is not blasphemy, fascism, racism or hurting people’s feeling. By accepting this truth, we are not just to save humanity from the jaw of Islam and reduce terrorism to be a non issue in this world but to save all the great people of Muslim world that have been confused and tormented by their god of Islam. Like Mosad Yousef said, all the Muslim people are great people and they are his brother and sister. He is not against them but their god. The world is giving too much respect to the belief in religion. For religion, the end has always justified the means. No religion are not guilty of this except that the degree of the harm it make to humanity varies, with Islam taking the biggest skew in proportion. With that, Muslim themselves suffers the most from it. I am calling to all peace loving people of the world, both Muslim and non-Muslim, put a side your belief and your up bringing and your ego for your culture for a moment and think rationally. Give yourself a new opportunity to be rational for the sake of your present iives and your children future lives. Your parent lives, in the past is no longer relevant here. I believe, your ancestor at one point of the time were not affiliate to any of these religions. They will be very happy when you make the right decision to move the world towards a paradise. A movement must begin to tell the truth instead of ‘nice to hear’, to as many people as possible. This movement must slowly break into the mainstream until, all western leaders and major western media will not feel uncomfortable to talk about it and print them. Moderate Muslim and non Muslim will be able to discuss this openly without violent demonstration in the streets. Geert Wilder has taken the lead in doing this and finding many acceptance in Netherlands. He is our hero. We must support him forcefully and keep this momentum going and grow it into the goal that I just laid out. Many Muslims will rejoice once they shake out their ego and long hold confusion in their belief and surfer from it like Wafa Sultan, Mosad Yousf, MA Khan and Ali Sina and many more. This ex Muslim hold the key in convincing the Muslim to achieve this. The ex Muslim must shows the Muslim how to let go their long held belief, culture and ego and go on to built a totally new and beautiful world for themselves. This will be the second major renaissance the world will come to recognized.

Please watch this excellent interview with Wafa Sultan, a true heroine in the fight against radical Islam.

Please watch this excellent interview with Wafa Sultan, a true heroine in the fight against radical Islam.



(This is certainly ‘food-for-thought’. What do you think?)


This is very interesting and we all need to read it from start to finish

And send it on to everyone.  Maybe this is why our American Muslims are

So quiet and not speaking out about any atrocities.  Can a good Muslim be

A good American?

This question was forwarded to a friend who worked in Saudi Arabia for 20 years.

The following is his reply:

Theologically – no. . . . Because his allegiance is to Allah, The moon

God of Arabia.

Religiously – no. . . Because no other religion is accepted by His Allah

Except Islam (Quran, 2:256)(Koran)

Scripturally – no. . . Because his allegiance is to the five Pillars of

Islam and the Quran.

Geographically – no . Because his allegiance is to Mecca, to which he

Turns in prayer five times a day.

Socially – no. . .. Because his allegiance to Islam forbids him to make

Friends with Christians or Jews .

Politically – no. . . Because he must submit to the mullahs (spiritual

Leaders), who teach annihilation of Israel and destruction of America,

The great Satan.

Domestically – no. .. . Because he is instructed to marry four Women and

Beat and scourge his wife when she disobeys him (Quran 4:34 )

Intellectually – no. . Because he cannot accept the American

Constitution since it is based on Biblical principles and he believes the

Bible to be corrupt.

Philosophically – no. . . . Because Islam, Muhammad, and the Quran does

Not allow freedom of religion and expression. Democracy and Islam cannot

Co-exist. Every Muslim government is either dictatorial or autocratic.

Spiritually – no. . . Because when we declare ‘one nation under God,’

The Christian’s God is loving and kind, while Allah is NEVER referred to

As Heavenly father, nor is he ever called love in the Quran’s 99

Excellent names.

Therefore, after much study and deliberation….. Perhaps we should be

Very suspicious of ALL MUSLIMS in this country. – – – They obviously

Cannot be both ‘good’ Muslims and good Americans.  Call it what you wish

it’s still the truth. You had better believe it. The more who understand

This, the better it will be for our country and our future.

The religious war is bigger than we know or understand. ….

Footnote: The Muslims have said they will destroy us from within.



The Obama Moratorium: No offshore drilling while he’s in office

The Obama Moratorium: No offshore drilling while he’s in office

March 11th, 2010

By: Barbara Hollingsworth, The Washington Examiner

 Obama has issued a three year moratorium on oil drilling

The Obama administration’s six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday. Which means that no new oil and gas leases will be approved during President Obama’s term even though two –thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.

Sixty percent also believe that gas and oil prices will drop if the government allows offshore drilling, opening up an estimate 14 billion barrels of oil and 55 trillion cubic feet of natural gas

On July 14, 2008 President George W. Bush lifted an executive ban on Outer Continental Shelf leasing. On October 1, 2008, in a bipartisan agreement, Congress lifted another longstanding ban on new oil and gas leasing in the OCS.

Drilling was supposed to begin this July. But Salazar said he intends to discard the 2010-2015 lease plan developed by the Bush administration in favor of a new plan that won’t even go into effect until 2012.

Read More:

Obamacare: A really eventful episode of the Sopranos

Obamacare: A really eventful episode of the Sopranos

March 11th, 2010


President Obama’s attempts to ram health- care reform through an increasingly reluctant Congress are starting to resemble a really eventful episode of “The Sopranos.”

Whether or not you believe former Rep. Eric Massa’s bizarre accusations of locker-room confrontations and conspiracies to drive him from office, there is no doubt that the Obama administration and its congressional allies are willing to use every trick in the book to get this bill passed.

They’ve already bought votes with pork and special deals — the “Louisiana purchase” ($300 million to bolster that state’s Medicaid program, which swayed Sen. Mary Landrieu); the “Cornhusker kickback” ($100 million to Medicaid there, sweetening the pot for Sen. Ben Nelson), and Florida’s “Gator Aid” (a Medicare deal potentially worth $5 billion, a hefty price for Sen. Bill Nelson’s vote). Plus the millions for Connecticut hospitals, Montana asbestos abatement and so on.

Nor were the Obamans willing to let a little thing like election laws stand in the way. They rewrote Massachusetts law to allow for an appointed senator to hold office for several months, hoping to get the bill through before the special election that Scott Brown ultimately won. Their plans spoiled, they even considered holding up Brown’s seating to let the appointed senator continue to vote on health care — until public outrage forced them to back down.

And, of course, there has been an unprecedented willingness to ignore congressional rules — from the failure to appoint a “conference committee” to negotiate differences between the House and Senate bills, to their current plans to use the reconciliation process to bypass a Republican filibuster.

Read More:

House Investigates Obama Bribes

House Investigates Obama Bribes

March 11th, 2010


 Obama and Co. know all about bribes

The top Republican on the House Oversight and Government Reform Committee says the Obama administration may have broken the law by offering Rep. Joe Sestak (D-Pa.) a job in order to persuade him not to mount a primary challenge against Sen. Arlen Specter.

Sestak has said that the administration offered him a high-ranking government job if he’d stay out of the race. White House press secretary Robert Gibbs has been asked repeatedly about the accusation in recent weeks but so far has neither confirmed nor denied that a job was offered.

But in a letter to White House general counsel Robert Bauer Wednesday, Rep. Darrell Issa (R-Calif.) said that, if Sestak’s allegation is true, administration officials may have violated a federal statute which makes it a crime for a government employee to use his authority “for the purpose of interfering with, or affecting, the nomination or the election of any candidate” for certain offices, including Senate seats.

“While the White House may think this is politics as usual, what is spectacularly unusual is when a candidate — a U.S. congressman no less — freely acknowledges such a proposal,” Issa wrote. “Almost always candidates keep quiet about such deals, and for good reason — they are against the law.”

Read More:

Obama: Americans have lost faith in government

Obama: Americans have lost faith in government

March 11th, 2010


 no surprise here

Many Americans have lost faith in their government, US President Barack Obama admitted Wednesday, tackling a pervasive sentiment hobbling his hopes for enacting sweeping reform.

American suspicion of government was deepening, he said in a speech from the heartland state of Missouri, where he pushed his endangered health reform drive that has been branded by Republicans as a government takeover.

“People have lost faith in government — they had lost faith in government before I ran (for president), and it has been getting worse,” Obama said at a rally in St. Louis.

He quoted his political hero, US Civil War-era president Abraham Lincoln, as saying that the role of government was to do what needed to be done but could not be done by citizens themselves without help.
“That pretty much sums up my attitude,” Obama said.

The president used the trip to roll out a plan to crack down on waste and fraud in federal health programs for the poor and senior citizens as well as other government spending, which he said amounted to billions of dollars per year.

Read More:

Tax the Top, Hit the Middle

Tax the Top, Hit the Middle

By Daniel Cross

“Tax the rich” has been the inveterate battle cry of liberals from the beginning. The left believes in creating massive entitlement and welfare programs all in the name of fairness. Equal rights, it seems, don’t apply to the wealthy. Ironically, the idea only ends up hurting the very people it’s supposed to help.
Early in 2009, Maryland raised its tax rate to 6.25% for income earners of $1 million or more and saw a decline in tax revenue as high-income taxpayers emigrated to tax-friendlier states. While it may seem that few families make an income of a million dollars, sole proprietorships, partnerships, and many “S” corporations pass their earnings directly through to the individual, and that means that small businesses are the ones that get hurt the most.
Tax increases of this kind have far-reaching consequences. Small businesses that move don’t often take employees with them, and those that stay may be forced to cut back, resulting in higher unemployment numbers. In Maryland’s case, the drop in tax revenue also means that the burden is placed squarely on the shoulders of the middle class, the ones who can least afford it. (Usually Democrats deal with this problem by creating subsidy programs that only widen the gap in wealth disparity with more taxes. It’s this type of circular logic that keeps class warfare alive.)
While leaving one state for another due to taxes may be an option, what happens when the federal tax rate increases? Few are willing to go so far as to leave the country to escape taxation, yet the same decease in tax revenue can be found on a national scale. The reverse of this effect can be seen by looking back at the tax policies implemented by Andrew Mellon, the Secretary of the Treasury under Calvin Coolidge, in the 1920s. By lowering taxes across the board, the United States actually saw a surplus and used the money to help retire some of the national debt.
A true return on an investment can be calculated only after applying the corresponding tax rate. The higher the rate, the less return is realized. For the wealthy, reducing the amount of money subject to taxation becomes a necessary strategy to justify the level of risk taken in any given investment. As the tax rate goes up, the amount of risk that needs to be taken in order to make the same return also increases.
Municipal bonds are a unique type of investment products that provide tax-free income at the federal and potentially even state and local level. This makes them more attractive than the oft-lower-yielding Treasury securities, which are tax-free only at the federal level. Obviously, more money in these products will result in fewer income taxes collected.
Let’s take a look at an example to help illustrate how this works. The equation used to determine a comparable taxed investment versus a tax-free one is Taxed Comparable = Tax Free Comparable / (1-Tax Rate). If an investor’s tax bracket is 35%, and he can invest his money tax-free at 6%, then the amount he needs to make from a taxable investment is 9.2% [9.2% = 6% / (1-35%)]. Now, what happens if taxes are raised to 45% instead of 35%? In this case, the investor would need to make 10.9% in order to make the same amount of money as the tax-free one at 6%.
The real problem occurs when taxes are raised during a recession, as Herbert Hoover found out the hard way. Many times, there are no comparable taxable investments, so investment funds flow into municipals and treasury bills en masse. With no incentive to invest and pay taxes, investors opt for a better strategy, thereby reducing the amount of money the federal government collects.
In recent years, the proliferation of brokerage firms and computer-based transactions has made transferring assets even easier. Thanks to technology, the act of investing offshore to lessen or even avoid taxation, once limited only to the ultra-rich, has become more commonplace. On January 1st, 1980, 401Ks were created, allowing even more people to shelter their income by deferring taxation until retirement.
As the political landscape changes, taxes are just one more tool Democrats use as a way of “balancing” what they see as an unfair system. To those who don’t know any better, the idea of taxing the top income earners in America can sound very appealing, especially when you’re living paycheck to paycheck. The economic truth is kept hidden away, and ignorant votes create more problems for the disappearing middle class. The rise of the salient “Tea Parties” may finally shine a light on how the American tax system is designed and educate voters in a way that allows them to see through incorrect leftist philosophies. It’s a progressive mindset that actually works.