Washington Times Columnist to Obama:Resign!

Ben Johnson,The White House Watch

The pages of The Washington Times today reflect the nation’s
disenchantment with Barack Obama’s presidency. The op-ed section contains an
article by Jeffrey T. Kuhner,president of the Edmund Burke Institute for American
Renewal
,entitled,“Don’t
Go on Vacation —Just GO.”

Last September,Kuhner called
for Obama’s impeachment.
This year,he’s taken a new tack:Telling Obama to
quit:

Mr. Obama is the most arrogant,self-absorbed and self-obsessed president in
U.S. history. Nothing is ever his fault. He blames everyone and everything for
America’s economic woes –Tea Partyers,Wall Street,Japanese earthquakes,insurance
executives,oil companies,millionaires and corporate jet owners. He lashes out at
imaginary enemies without ever taking personal responsibility. In his mind,he is
–and always will be –the Anointed One.

There is only one solution:Drive him from office. Americans should forge a
mass grassroots movement demanding that Mr. Obama step down –immediately.
Through bumper stickers,picket signs,posters,T-shirts and rallies,tens of
millions of citizens should express the same message:Leave. It is highly
unlikely he will step aside,but such a movement would cripple the president’s
authority and possibly blunt him from doing further harm. It also would puncture
his boundless ego. A widespread manifestation of no confidence would break him
–politically,morally and psychologically –in order to save America. Mr. Obama is
out of his depth. He lacks the character,intelligence,skills and experience –the
basic competence –to be the leader of the free world.

Resign,Mr. President.

Of course,Obama resigning is as likely to occur as Bill Clinton entering a
monastery;they both love the thrill they get from their self-indulgent pursuits
too much to forsake them for their own good,much less the nation’s.
However,there is some value in his analysis.

A growing number of Democrats are sick of Obama,too. Contrary to what some
people believe,political parties are not primarily dedicated to promoting ideals
or ideologies. They are dedicated to power:getting it,exercising it,keeping
it,and denying it to their enemies. Democrats understand this better than
Republicans,in part because Democrats are the statist party,in part because
Republicans believe in the transcendent values the Left denies. Democrats are
happy Obama is president;they generally agree with him even when they are afraid
to say so;and they hope he will be re-elected in 2012. But they saw the
monumental butt-thumping the American people gave them in 2010,and they aren’t
willing….

Read more.

The GOP’s Political Salvation: Impeachment?

The GOP’s Political Salvation: Impeachment?

March
25th, 2011

Ben Johnson, FloydReports.com

So far, the first person to seriously raise the issue
of impeaching Barack Obama over his
illegal,
unconstitutional war in Libya
is Dennis
Kucinich
. That means the man whose ideas may do the most to unite the
Republican Party is a Democrat.
To be clear, impeachment is a constitutional remedy for a president intent
upon violating its strictures. Unfortunately, it is also a political act, which
means politicians must feel they have sufficient support before undertaking it.
Many authorities have stated the Libyan intervention rises to the level of an
impeachable offense. However, it might simultaneously be the perfect storm
necessary to pluck Obama out of office, splinter the Democratic coalition, or
weld Republicans together.
Months into the new Republican Congress, the GOP Establishment worries it
will not be able to corral the Tea Party. Despite pseudoconservative attempts
to order Tea Party members around
and establishment
promises to “co-opt them,”
this citizens’ uprising induces fear and loathing
in the political class on both sides of the aisle.
To mollify their constituents, Congressional Republicans have tried to prove
they are serious about the Constitution and cutting the deficit. They have
passed bills requiring members to cite specific constitutional authorization. To
date, the Beltway Republicans’ miniscule budget cuts not satisfied the
disaffected populist movement.
What might work? Impeachment.
King Obama’s
war-by-decree
was launched with zero constitutional authority. Obama did not
obtain a declaration of war, nor even a Congressional “authorization of
force”….
Read
more
.

Obaminable. Impeach the Muslim Putz!

Obaminable. Impeach the Muslim Putz!

February 21st,
2011

The headline is reproduced from the conservative blog
SheikYermami. The headline shows the campaign to
impeach Barack Obama is gaining traction throughout the conservative
movement.Click
here to
sign the petition
to impeach Obama
. — Ed.

SheikYermami.com

Gov.
Scott Walker to Obama: We’re Focused on Balancing Our Budget. It Would Be Wise
for the President to Focus on Balancing His Budget
(GWP)

Wisconsin Governor Scott Walker today told reporters, “I think we’re focused
on balancing our budget. It would be wise for the president and others in
Washington to focus on balancing their budget.”
True.   Cubachi
reported:

Unbelievable.
The state-run media ran interference for President Obama by spiking the Lara
Logan
Tahrir
Square assault story
.They knew it would damage Obama who helped push
American ally Hosni Mubarak from office….
Read
more
.

Egypt now fears Obama a ‘Manchurian President’

Egypt now fears Obama a ‘Manchurian President’

‘They are trying to understand why he is acting against U.S.
interests’


Posted: February 02, 2011
8:43 pm Eastern

© 2011 WorldNetDaily

LISBON, PORTUGAL - NOVEMBER 20: U.S. President Barack Obama speaks to the media during a press conference on day two of the NATO summit at Feira Internacional de Lisboa (FIL) on November 20, 2010 in Lisbon, Portugal. The two day summit will address issues including a new strategic concept for NATO. Britain and the US will also seek an agreement to hand over responsibility for security in Afghanistan to local forces over the next four years. (Photo by Sean Gallup/Getty Images)
Top members of the Egyptian government say they feel betrayed by President
Obama, charging that he is acting against American interests.
“Mubarak’s regime feels Obama is pushing the advancement of the Muslim
Brotherhood against U.S. interests,” said WND’s Jerusalem bureau chief and
senior reporter Aaron Klein. “They are genuinely trying to understand why Obama
is seemingly championing the anti-regime protests.”
Klein said that a top Egyptian diplomat with whom he has developed a rapport
over the last few years asked him earlier this week to explain Obama’s
motivation to support the opposition to Mubarak.
“I told him none of this should be a surprise,” said Klein, “that the Obama
administration has developed an extensive relationship over the last few years
with allies of the Muslim Brotherhood.
“That my investigating has proven that Obama has been closely associated
throughout his political career with radical-left elements who have long
petitioned for policies many believe are aimed at weakening the American
enterprise both domestically and internationally.”
“The Egyptian diplomat seemed surprised,” said Klein. “I told him this
material was thoroughly documented in my latest book.”
The diplomat requested 20 copies of Klein’s New York Times bestselling book
investigating Obama, “The
Manchurian President: Barack Obama’s ties to communists, socialists, and other
anti-American extremists.”
The diplomat said he would deliver the book, which was co-authored by Brenda
J. Elliott, to senior officials in Mubarak’s embattled government.
Obama in recent days urged Mubarak to give up power in Egypt, where the
Muslim Brotherhood forms the main opposition.
Mubarak has been a staunch U.S. ally and a recipient of billions of dollars
in military aid. His regime has long been considered a stabilizing force in the
Arab world.
The Obama administration’s support for the unrest is strikingly reminiscent
of Jimmy Carter’s support of the Islamic revolution in Iran in 1979, which
marked the birth of modern Islamist expansion.
(Story continues below)
Some Muslim clerics are already calling the riots in Egypt simply an
extension of 1979’s Islamist conquests.
“Thirty-one years after the victory of the Islamic Republic, we are faced
with the obvious fact that these movements are the aftershocks of the Islamic
revolution,” said Iranian cleric Ayatollah Ahmad Khatami, as reported by Iran’s
Radio Zamaneh. “The fate of those who challenge [our] religion is destruction.”
Speaking of media and government leaders, Khatami added, “They want to
highlight the labor, liberal and democratic issues, but the most important
issue, which is the religious streak of these protests, [is] being denied.”
The leader of Jordan’s Muslim Brotherhood, Hammam Saeed, warned that the
unrest in Egypt will spread across the Mideast until Arabs succeed at toppling
leaders allied with the United States.
“The Americans and Obama must be losing sleep over the popular revolt in
Egypt,” Saeed said at a sympathy protest held outside the Egyptian Embassy in
Amman. “Now, Obama must understand that the people have woken up and are ready
to unseat the tyrant leaders who remained in power because of U.S. backing.”
And on the Internet, the Middle East Media Research Institute reports,
prominent Salafi cleric Abu Mundhir Al-Shinqiti issued a fatwa on the website
Minbar Al-Tawhid Wal Jihad encouraging the protests in Egypt, claiming Islamist
jihadis are now on the verge of a historic moment, an “earthquake” he likened to
the Sept. 11 attacks in New York City.
Obama pushes Egyptian ‘reform’
According to a senior Egyptian diplomat speaking to WND, a former U.S.
ambassador to Egypt, Frank Wisner, specifically told Mubarak on Tuesday the U.S.
would not continue to support his rule and he must step down.
Hours later, Mubarak announced he would not seek another term in office.
The Obama administration dispatched Wisner to Egypt last weekend to report to
the State Department and White House a general sense of the situation in the
country.
WND broke the story yesterday
that the Egyptian government has information Wisner secretly met earlier this
week with a senior leader of the Muslim Brotherhood, Issam El-Erian.
The Muslim Brotherhood seeks to spread Islam around the world, in large part
using nonviolent means. Hamas and al-Qaida are violent Brotherhood offshoots.
Muslim Brotherhood declares war on U.S.
Prominent U.S. commentators also have been claiming the Muslim Brotherhood is
a moderate organization and denying there is any Islamist plot to seize power.
Last Friday, President George W. Bush’s former press spokeswoman, Dana
Perino, told Fox News, “Don’t be afraid of the Muslim Brotherhood in Egypt. This
has nothing to do with religion.”
Bruce Reidel, a former CIA analyst and adviser to President Obama, wrote a
Daily Beast article in which he claimed, “The Egyptian Brotherhood renounced
violence years ago. … Its relative moderation has made it the target of extreme
vilification by more radical Islamists.”
Reidel’s assertion the Brotherhood renounced violence, however, is
contradicted by its own statements in recent months, including a call to arms
against the West.
In November, the Brotherhood’s new supreme guide, Muhammad Badi, delivered a
sermon entitled “How Islam Confronts the Oppression and Tyranny.”
“Resistance is the only solution,” stated Badi. “The United States cannot
impose an agreement upon the Palestinians, despite all the power at its
disposal. [Today] it is withdrawing from Iraq, defeated and wounded, and is also
on the verge of withdrawing from Afghanistan because it has been defeated by
Islamist warriors.”
Badi went on to declare the U.S. is easy to defeat through violence, since it
is “experiencing the beginning of its end and is heading toward its demise.”
Barry Rubin, director of the Global Research in International Affairs Center,
noted Badi’s speech showed “the likelihood that more Brotherhood supporters in
the West will turn to violence and fund-raising for terrorism.”
Frank Gaffney, president of the American Center for Security Policy, takes it
a step further.
“In short, the Muslim Brotherhood – whether it is operating in Egypt,
elsewhere in the world or here – is our enemy,” he wrote.
Obama quietly builds ties to Muslim Brotherhood
Klein
reported for WND yesterday
that Obama and top administration officials have
troubling relationships with the Muslim Brotherhood and its worldwide allies.
Muslim Brotherhood members were reportedly invited to attend Obama’s 2009
address to the Muslim world from Cairo. Khaled Hamza, editor of the Muslim
Brotherhood website, confirmed at the time that 10 members of the Brotherhood’s
parliamentary bloc received official invitations to attend Obama’s historic
speech.
Also in 2009, the Egyptian daily newspaper Almasry Alyoum ran a report
claiming Obama had met with U.S. and European-based representatives of Egypt’s
Muslim Brotherhood that year
According to the report, the Brotherhood members requested that news of the
meeting not be publicized. They expressed to Obama their support for democracy
and the war on terror.
The newspaper also reported Brotherhood members communicated to Obama their
position that they would abide by all agreements Egypt has signed with foreign
countries, implying that if they took power in Egypt they would continue that
country’s peace treaty with Israel.
Besides contact with the Muslim Brotherhood itself, there have been reports
the past two years of behind-the-scenes contact with Hamas, which was founded as
an offshoot of the Muslim Brotherhood. Hamas maintains a close alliance with the
Brotherhood; the Brotherhood’s new leader, Muhammad Badi, serves as a de facto
lead spiritual guide for Hamas.
Top leaders of Hamas in Gaza claimed to WND several times they passed
messages to Obama through dignitaries who visited the Gaza Strip, including
Jimmy Carter and Sen. John Kerry, D-Mass., – both of whom have a close
relationship with the White House.
Kerry, for example, reportedly accepted a letter for Obama from Hamas leaders
in Gaza during a February 2009 visit to U.N. installations in the coastal
territory.
U.N. relief agency chief in Gaza Karen Abu Zayd told the BBC the Hamas letter
had been received by his agency and passed on to an unnamed American official.
Immediately after that month’s elections, Ahmed Yousef , Hamas’ chief
political adviser in Gaza, called Obama’s win a “historic victory” for the world
and told WND that Hamas was sending a letter of congratulation to the
president-elect.
Obama ties to Brotherhood’s U.S. allies
It is not just Obama’s reported contacts with the Muslim Brotherhood and the
group’s allies in the Middle East that are of concern.
The Obama administration also has evidenced a working relationship with
several U.S.-based Islamist organizations that are listed by the Brotherhood as
“likeminded” organizations.
One such group is the Islamic Society of North America, or ISNA, a radical
Muslim group that was an unindicted co-conspirator in a scheme to raise money
for Hamas.
ISNA was named in a May 1991 Muslim Brotherhood document – “An Explanatory
Memorandum on the General Strategic Goal for the Group in North America” – as
one of the Brotherhood’s likeminded “organizations of our friends” who shared
the common goal of transforming countries into Muslim nations.
The White House relationship with ISNA began even before Obama took office.
One week before the presidential inauguration, Sayyid Syeed, national director
of the ISNA Office for Interfaith and Community Alliances, was part of a
delegation that met with the directors of Obama’s transition team. The
delegation discussed a request for an executive order ending “torture.”
ISNA President Ingrid Mattson represented American Muslims at Obama’s
inauguration, where she offered a prayer during the televised event.
Mattson also has represented ISNA at Obama’s annual Ramadan dinners,
including the last such event in which Obama announced support for the rights of
Muslims to build an Islamic cultural center and mosque two blocks from the site
of the 9/11 attacks.
In June 2009, Obama’s top aide, Valerie Jarrett, invited Mattson to work on
the White House Council on Women and Girls, which Jarrett leads.
That July, the Justice Department sponsored an information booth at an ISNA
bazaar in Washington, D.C.
Also that month, Jarrett addressed ISNA’s 46th annual convention. According
to the White House, Jarrett attended as part of Obama’s outreach to Muslims.
ISNA sponsored a February 2010 question-and-answer session in which Obama’s
top adviser on counter-terrorism, John Brennan, came under fire for
controversial remarks to Muslim law students.

Read more: Egypt now fears Obama a
‘Manchurian President’
http://www.wnd.com/?pageId=258937#ixzz1CutOqWLT

Talk Show Host: Obama Could be Impeached over Egypt

Talk Show Host: Obama Could be Impeached over
Egypt

February 2nd, 2011

Ben Johnson, FloydReports.com

A nationally syndicated radio talk show host has called for Barack Obama to
be impeached if he is secretly pushing
Egypt to become an Islamist country
ruled by the Muslim Brotherhood. Tammy Bruce called for Rep. Darrell Issa to
investigate whether the Obama administration is helping the radical Islamic
fundamentalist organization rise to power after the departure of Egyptian
President Hosni Mubarak. Media reports indicate a member of the Obama
administration has met with the Muslim Brotherhood,
and the United States may have supported
a plan to take down Mubarak
since at least 2008. “If it is found that Obama
secretly facilitated or *encouraged* an Islamist takeover of Egypt, an ally, he
should be impeached,” Bruce wrote.
Her call came in the form of four separate tweets,
which she posted
on….
Read
more
.

The Top 10 Obama Administration Investigation Targets

The Top 10 Obama Administration Investigation
Targets

January 17th, 2011

Human Events

Rep. Darrell Issa (R.-Calif.), the new chairman of the House Oversight and
Government Reform Committee, has signaled he will conduct numerous oversight
investigations of the Obama Administration. Here are the Top 10 areas ripe for
investigation for Issa and other congressional Republicans:
(1) ObamaCare: Any
measure that restructures one-sixth of the U.S. economy bears scrutiny
particularly when passage of the bill required legislative bribes such as the
Louisiana Purchase
and Cornhusker
Kickback
. To paraphrase Nancy Pelosi, now that ObamaCare has passed, let’s
see exactly what is in it — and how it got there.
(2) Stimulus: The American people deserve to know what they
got for the $787 billion stimulus package that Obama signed in February 2009,
including how much money was spent frivolously to publicize the legislation. And
where exactly are all those jobs that the administration claims were “created or
saved?”
(3) Freddie and Fannie: Previous attempts by congressional
Democrats to get to the bottom of the 2008 financial meltdown conveniently
overlooked the role of Fannie Mae and
Freddie Mac. How much of the housing crisis was due to financial donations going
to Democratic officials, who overlooked financial transgressions at the agencies
so long as mortgages flowed to unworthy credit risks?
(4) Wikileaks: Someone in
the administration needs to explain how the lowly serviceman who served
up secret documents to Wikileaks
could have access to such a large amount of
classified material. And were any actions taken to shut down Julian Assange in
the months after the initial disclosures and before the embarrassing leak of
State Department cables?
Read more.

Obama Makes “Ten Most Wanted Corrupt Politicians” List

Obama Makes “Ten Most Wanted Corrupt Politicians” List

December 17th, 2010

Judicial Watch

Judicial  Watch, the public interest group that investigates and  prosecutes  government corruption, today released its 2010 list of  Washington’s  “Ten Most Wanted Corrupt Politicians.” The list, in  alphabetical order,  includes: Senator Barbara Boxer (D-CA), Rahm Emanuel, Former Obama White House Chief of Staff, Senator John Ensign (R-NV), Rep. Barney Frank (D-MA), Rep. Jesse Jackson, Jr. (D-IL), President Barack Obama, Rep. Nancy Pelosi (D-CA), Rep. Charles Rangel (D-NY), Rep. Hal Rogers (R-KY), and Rep. Maxine Waters (D-CA)

President Barack Obama: Remember the promise President Obama made just after his inauguration in 2009? “Transparency   and the rule of law will be the touchstones of this presidency.”

Instead,  Americans have suffered through lies, stonewalling,  cover-ups,  corruption, secrecy, scandal and blatant disregard for the  rule of  law…this has been the Obama legacy in its first two years.

In 2010, Obama was caught in a lie over what he knew about Illinois Governor Rod Blagojevich’s scheme to   sell the president’s vacated Senate seat. Blagojevich’s former Chief of   Staff John Harris testified that Obama had personal knowledge of  Blago’s  plot to obtain a presidential cabinet position in exchange for   appointing a candidate handpicked by the President. In fact, according   to Harris’s court testimony, Obama sent Blagojevich a list of “acceptable”   Senate candidates to fill his old seat. Obama was interviewed by the   FBI even before he was sworn into office. He claimed he and his staff   had no contact with Blagojevich’s office. Unfortunately federal   prosecutors never called the President or his staff to testify under   oath.

The President also broke his famous pledge to televise  healthcare  negotiations. And in 2010, we learned why he broke his  pledge. In what  is now known as the “Cornhusker Kickback”   scheme, Obama and the Democrats in the Senate “purchased” the vote of   one of the last Democrat hold-outs, Nebraska Senator Ben Nelson, who   opposed Obamacare over the issue of covering abortions with taxpayer   funds. Nelson abandoned his opposition to Obamacare after receiving   millions of dollars in federal aid for his home-state, helping to give   the Democrats the 60 votes they needed to overcome a Republican   filibuster. Same goes for Louisiana Democratic Senator Mary Landrieu,   who received a $100 million payoff in what has been called “The Louisiana Purchase.”   (The Kickback was so corrupt that Democrats stripped it out at the  last  minute. The Louisiana Purchase, on the other hand, became law of  the  land.)

Obama lied about his White House’s involvement in  this legislative  bribery that helped lead to the passage of the  signature policy  achievement of his presidency….

Read more.

Impeachable Offense: Govt Will Investigate Obama’s IRS Records Snooping

Impeachable Offense: Govt Will Investigate Obama’s IRS Records Snooping

October 6th, 2010

Ben Johnson, Floyd Reports

News has broken today that a federal agency will investigate another impeachable offense. The U.S. Treasury Department will launch an investigation into the Obama administration’s allegedly revealing his political opponents’ private tax information to the media.

In late August, an anonymous Obama official (now assumed to be Austan Goolsbee, one of the president’s economic advisors) revealed the tax structure of Koch Industries to the media, information its lawyer, Mark Holden, said must have been gleaned from confidential IRS forms. The possibly illegal disclosure was part of the administration’s coordinated press offensive against Koch Industries, whose owners, David and Charles Koch, have funded a number of libertarian enterprises that vocally oppose the president’s free-spending agenda. Most notable among these is Americans for Prosperity (AFP), whose state chapters host rallies from coast to coast.

Sen. Charles Grassley, R-IA, called for action two weeks ago.

Treasury Inspector General J. Russell George said, “As the inspector general charged with ensuring, among other things, the fair implementation of our nation’s system of tax administration…I have ordered the commencement of a review into the matters alleged.” This adds more material to the snowballing avalanche of investigations into the Obama administration’s skirting of the law that could result in the president’s impeachment.

Read more.

“Historic” Rise in Taxation in 6 Mos.

“Historic” Rise in Taxation in 6 Mos.

Posted by Veronica (Profile)

Friday, July 2nd at 12:20PM EDT

53 Comments

We’ve been here before.

Americans For Tax Reform culled a few things from the List of Expiring Federal Tax Provisions 2009-2020 off the government’s website:

In just six months, the largest tax hikes in the history of America will take effect.  They will hit families and small businesses in three great waves on January 1, 2011:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families.  These will all expire on January 1, 2011:

Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).  The lowest rate will rise from 10 to 15 percent.  All the rates in between will also rise.  Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.  The full list of marginal rate hikes is below:

– The 10% bracket rises to an expanded 15%
– The 25% bracket rises to 28%
– The 28% bracket rises to 31%
– The 33% bracket rises to 36%
– The 35% bracket rises to 39.6%

Higher taxes on marriage and family. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income.  The child tax credit will be cut in half from $1000 to $500 per child.  The standard deduction will no longer be doubled for married couples relative to the single level.  The dependent care and adoption tax credits will be cut.

The return of the Death Tax. This year, there is no death tax.  For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million.  A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors. The capital gains tax will rise from 15 percent this year to 20 percent in 2011.  The dividends tax will rise from 15 percent this year to 39.6 percent in 2011.  These rates will rise another 3.8 percent in 2013.

Second Wave: Obamacare

There are over twenty new or higher taxes in Obamacare.  Several will first go into effect on January 1, 2011.  They include:

The “Medicine Cabinet Tax” Thanks to Obamacare, Americans will no longer be 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).

The “Special Needs Kids Tax” This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit).  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.

The HSA Withdrawal Tax Hike. This provision of Obamacare increases the 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.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2011, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired.  The major items include:

The AMT will ensnare over 28 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 28.5 million.  These families will have to calculate their tax burdens twice, and pay taxes at the higher level.  The AMT was created in 1969 to ensnare a handful of taxpayers.

Small business expensing will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000.  This will be cut all the way down to $25,000.  Larger businesses can expense half of their purchases of equipment.  In January of 2011, all of it will have to be “depreciated.”

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place.  The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others.  Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available.  Tax credits for education will be limited.  Teachers will no longer be able to deduct classroom expenses.  Coverdell Education Savings Accounts will be cut.  Employer-provided educational assistance is curtailed.  The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.  This contribution also counts toward an annual “required minimum distribution.”  This ability will no longer be there

Obama Fires McChrystal – We Can Fire Obama

Obama Fires McChrystal – We Can Fire Obama

June 28th, 2010

Doug Giles, Townhall.com-

Obama and McChrystal

Unless you live on the oil-saturated bottom of the Gulf of Mexico, you’re probably well aware that our President, who happens to have skin thinner than that of an Iberian Ribbed Newt, fired General Stanley McChrystal for committing the unpardonable sin: He told the ugly truth about Obama.

Now, before I get flooded with emails about the impropriety of a general criticizing the commander-in-chief, let me remind you that most of you crying “foul” said squat when active duty General Eric Shinseki and other retired generals did that to W and Rummy when they were in office. Yes, I believe instead of howling “off with their heads!” you reveled in the generals going rogue on George. I believe you hypocritical dorks called the Bush dissenters “patriotic truth tellers.”

So, why did McChrystal publicly say that Obama is dealing with things that are, how shall I say, above his pay grade, to a liberal magazine like Rolling Stone? Hell if I know. I’m not bulimic. I can’t read minds.

One possibility is that this is Stanley’s way of repenting to the nation for voting for this nabob. Or perhaps he was simply upholding his oath to protect us from enemies both foreign and domestic. Who knows?

One thing that’s for certain in the utilization of the Stones mag is that a lot of Michael Jackson and Lady Gaga fans heard from the horse’s mouth that a four-star general, one whom Obama cherry-picked for the war in Afghanistan, one who actually voted for him, now thinks the community organizer has been elevated to a level of incompetence.

Read More