Category: Entitlements


 

Happy Birthday FA von Hayek

 

 

 

Wiki Bio

 

” Friedrich August Hayek ; 8 May 1899 – 23 March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently known as F. A. Hayek, was an Austrian, later turned British , economist and  philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his “pioneering work in the theory of money and economic fluctuations and … penetrating analysis of the interdependence of economic, social and institutional phenomena”.

Hayek is an economist and major political thinker of the twentieth century. Hayek’s account of how changing prices communicate information which enables individuals to coordinate their plans is widely regarded as an important achievement in economics. He also contributed to the fields of systems  thinking ,  jurisprudenceneuroscience, and the history of ideas.

  Hayek served in World War I and said that his experience in the war and his desire to help avoid the mistakes that had led to the war led him to his career. Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938. He spent most of his academic life at the London School of Economics (LSE), the University of Chicago, and the University of Freiburg.

  In 1984, he was appointed as a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his “services to the study of economics”. He was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the US Presidential Medal of Freedom in 1991 from president George H. W. Bush. In 2011, his article The Use of Knowledge in Society was selected as one of the top 20 articles published in the American Economic Review during its first 100 years.

 

 

 

 

 

 

Concise Encyclopedia Of Economics:

 

” If any twentieth-century economist was a Renaissance man, it was Friedrich Hayek. He made fundamental contributions in political theory, psychology, and economics. In a field in which the relevance of ideas often is eclipsed by expansions on an initial theory, many of his contributions are so remarkable that people still read them more than fifty years after they were written. Many graduate economics students today, for example, study his articles from the 1930s and 1940s on economics and knowledge, deriving insights that some of their elders in the economics profession still do not totally understand. It would not be surprising if a substantial minority of economists still read and learn from his articles in the year 2050. In his book Commanding Heights, Daniel Yergin called Hayek the “preeminent” economist of the last half of the twentieth century.”

 

 

 

Further Reading

 

The Friedrich Hayek Quote Page

Biography of F. A. Hayek (1899-1992)Mises.org

Friedrich Hayek (Stanford Encyclopedia of Philosophy)

F. A. Hayek | Libertarianism.org

BBC News – Masters of Money: Friedrich Hayek

F.A. Hayek – Encyclopedia Britannica

BBC News – Keynes v Hayek: Two economic giants go head to head

Friedrich von Hayek Nobel Prize Winner

Videos

 

 

Bibliography

 

1920–1929

  • Monetary Theory and the Trade Cycle (1929) 

1930–1939

  • Prices and Production (1931) 
  • Monetary Nationalism and International Stability (1937) 
  • Profits, Interest and Investment (1939) 

1940–1949

1950–1959

  • “The Transmission of the Ideals of Economic Freedom,” (1951) Full Article
  • John Stuart Mill and Harriet Taylor: Their Friendship and Subsequent Marriage (1951) ISBN 978-0-678-06504-4
  • The Counter-Revolution of Science: Studies on the Abuse of Reason (1952) ISBN 978-0-913966-67-9
  • The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology (1952) ISBN 978-0-226-32094-6
  • The Political Ideal of the Rule of Law (1955)

1960–1969

1970–1979

1980–1989

 

 

 

 

 

 

It’s Not Red State vs Blue State. It’s City vs Country

 

 

 

” As a resident of the upstate portion of New York (not the Big Apple) I have written frequently about the depressing, negative effects which liberal tax and spend policies combined with strangling regulatory burdens have had on the state, as well as the economic death spiral which has followed. Many of the complaints I hear from residents of the more rural, upstate region center on the unbalanced power held by New York City and the complete disconnect between the government and the more conservative, rural communities to the north and west. But even as a person studying and experiencing these effects first hand, I don’t think I ever grasped the full impact of this disparity in the way it’s spelled out by William Tucker of the American Media Institute.

  Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.

  Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.

  The fate of the area is a small scene in a larger story playing out across rural America. As the balance of population shifts from farms to cities, urban elites are increasingly favoring laws and regulations that benefit urban voters over those who live in small towns or out in the country. The implications are more than just economic: it’s a trend that fuels the intense populism and angry politics that has shattered the post-World War II consensus and divided the nation.

  That comparison between the city of Binghamton and the wreckage of Detroit is a true eye opener, but it’s not the only such story in the non-city portions of the state. IBM was once the powerhouse of employment in the greater Binghamton area, employing more than 16,000 people as recently as the late 1980s. Today the entire complex has been sold to local developers and the computer giant employs a few hundred people (many of whom are contractors) renting out a tiny portion of the old complex. Kodak employed 62,000 people in Rochester during the same period as IBM’s heyday. Today there are roughly 4,000 workers. Xerox and Bausch & Lomb were also huge employers there but are now largely (or entirely) gone.

  These stories are repeated over and over again in cities and towns across the upstate region, so it’s more than coincidence. Tucker ties it all together. “

 

Read the rest of Jazz Shaw’s piece at Hot Air

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This Bill Would Ban Congress From Using Taxpayer Funds For First-Class Travel

 

 

 

 

” Legislation introduced by a freshman congresswoman would ban lawmakers from using taxpayer funds for first-class flights and personal car leases.

  Rep. Gwen Graham, D-Fla., announced the Congressional Travel Perks Elimination Act in a recent statement.

“ Nine months ago, I pledged I would work to end wasteful Congressional perks. Today, I’m following through on that promise,” Graham said. “It’s a common sense idea that Republicans and Democrats can both agree on: members of Congress shouldn’t be able to charge taxpayers for first-class airfare or long-term personal car leases.”

  According to her statement, the legislation would also ban the use of taxpayer funds for personal car leases, some of which are “as high as $825 a month.” “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

Happy Birthday To Walter “Furry” Lewis Born On This Day In 1893

 

 

 

PART 1

 

 

 

PART 2

Biography

” B.  6 March 1893, Greenwood, Mississippi, USA,
D. 14 September 1981, Memphis, Tennessee, USA.

   Walter “Furry” Lewis was a songster, a blues musician, a humorist and an all-round entertainer. Raised in the country, he picked up the guitar at an early age and moved into Memphis around 1900 where he busked on the streets. After he ran away from home, he had experience working on traveling medicine shows under the influence of Jim Jackson. He worked with W.C. Handy and claimed that Handy presented him with his first good guitar. Hoboing across country in 1916, he had an accident while hopping a train and consequently lost a leg. After this he moved to Memphis and, while performing and recording, he supplemented his income by sweeping the streets. Apart from periods working on riverboats and with medicine shows in the 20s, this remained the style of his life for approximately the next 40 or more years.

  He recorded 11 titles for Vocalion Records in 1927, eight for Victor Records in 1928 and four more for Vocalion in 1929. He had a guitar style that incorporated aspects of both the Mississippi county style and the lighter, more ragged Memphis sound, supplemented by some impressive slide work. His voice was clear and his approach to lyrics often self-mockingly humorous. Several of his recordings were ballads and his treatment of these was equally original. Well known around the city, he sometimes appeared as part of the Memphis Jug Band. He was one of the first pre-war blues artists to be “rediscovered”, and from 1959 he pursued a second successful career on the college circuit and played in several movies, including an unlikely appearance with Burt Reynolds in W.W. And The Dixie Dance Kings. Still an able performer he made many recordings during this period and was confirmed an Honorary Colonel of the State of Tennessee in 1973.”

 

 

Walker Thrills A Packed House At CPAC

 

 

” Scott Walker hit all the right notes when he took the stage at the Conservative Political Action Conference on Thursday to address a standing-room-only crowd — even gamely handling a heckler.

  Walker was talking up Republicans’ push to pass a right-to-work law in Wisconsin, a measure to weaken labor unions, when a heckler stood up and began shouting in the packed ballroom. What he said wasn’t clear, but Walker handled it like a pro: He quipped, “Apparently the protesters come [here] from Wisconsin as well.”

  The governor, considered a top contender in the 2016 Republican presidential primary, got a quick standing ovation for his response — one of a number he got during his address.

  After spending some time touting his strong domestic record as governor of Wisconsin, Walker sharply criticized the Obama administration for its ineffective strategy in the fight against the Islamic State, and its disapproval of Israeli prime minister Benjamin Netanyahu’s upcoming address before Congress.”

     Judging from the venom dripping from the fangs of the Statist media , the potential of a Scott Walker candidacy is a terrifying possibility , which is surely a sign that the democratic cheerleaders of the press consider him a serious threat .

National Review

An Email From A Friend

 

 

 

 

” Tina Griego is (was) a Free-Lance reporter for the Denver Post . She writes some really good stuff and she is a strong advocate for LEGAL immigration … Homework on issues is part of her make-up and fabric …

What if they left?

  Somebody really did their homework on this one.  Best on the subject to date.  It does not have a political slant to it, it’s just the facts:  Not Democratic, not Republican, not liberal and not conservative.

What if 20 Million Illegal Aliens Vacated America?

 

  I, Tina Griego, journalist for the Denver Rocky Mountain News wrote a column titled, “Mexican Visitor’s Lament.” 

  I interviewed Mexican journalist Evangelina Hernandez while visiting Denver last week.  Hernandez said, “Illegal aliens pay rent, buy groceries, buy clothes.  What happens to your country’s economy if 20 million people go away?”

 

Hmmm, I thought, what would happen? 

So I did my due diligence, buried my nose as a reporter into the FACTS I found below.

  It’s a good question… it deserves an honest answer.  Over 80% of Americans demand secured borders and illegal migration stopped.  But what would happen if all 20 million or more vacated America?  The answers I found may surprise you!

 

  In California, if 3.5 million illegal aliens moved back to Mexico, it would leave an extra $10.2 billion to spend on overloaded school systems, bankrupt hospitals and overrun prisons.  It would leave highways cleaner, safer and less congested.  Everyone could understand one another as English became the dominant language again. 

  In Colorado, 500,000 illegal migrants, plus their 300,000 kids and grandchildren would move back “home,” mostly to Mexico.  That would save Colorado an estimated $2 billion (other experts say $7 billion) annually in taxes that pay for schooling, medical, social-services and incarceration costs.  It means 12,000 gang members would vanish out of Denver alone. 

Colorado would save more than $20 million in prison costs, and the terror that those 7,300 alien criminals set upon local citizens.  Denver Officer Don Young and hundreds of Colorado victims would not have suffered death, accidents, rapes and other crimes by illegals.

  Denver Public Schools would not suffer a 67% dropout/flunk rate because of thousands of illegal alien students speaking 41 different languages.  At least 200,000 vehicles would vanish from our gridlocked cities in Colorado.  Denver’s 4% unemployment rate would vanish as our working poor would gain jobs at a living wage. 

  In Florida, 1.5  million illegals would return the Sunshine State back to America, the rule of law, and English.

  In Chicago, Illinois, 2.1 million illegals would free up hospitals, schools, prisons and highways for a safer, cleaner and more crime-free experience. 

  If 20 million illegal aliens returned ‘home,’ the U.S.  Economy would return to the rule of law.  Employers would hire legal American citizens at a living wage.  Everyone would  pay their fair share of taxes because they wouldn’t be working off the books.  That would result in an additional $401 billion in IRS income taxes collected annually, and an equal amount for local, state and city coffers.

  No more push ‘1’ for Spanish or ‘2’ for English.  No more confusion in American schools that now must contend with over 100 languages that degrade the educational system for American kids.  Our overcrowded schools would lose more than two million illegal alien kids at a cost of billions in ESL and free breakfasts and lunches. 

  We would lose 500,000 illegal criminal alien inmates at a cost of more than $1.6 billion annually.  That includes 15,000 MS-13 gang members who distribute $130 billion in drugs annually would vacate our country. 

  In cities like L.A., 20,000 members of the ’18th Street Gang’ would vanish from our nation.  No more Mexican forgery gangs for ID theft from Americans!  No more foreign rapists and child molesters! 

  Losing more than 20 million people would clear up our crowded highways and gridlock.  Cleaner air and less drinking and driving American deaths by illegal aliens!

  America’s economy is drained.  Taxpayers are harmed.  Employers get rich.  Over $80 billion annually wouldn’t return to the aliens’ home countries by cash transfers.  Illegal migrants earned half that money untaxed, which further drains America’s economy which currently suffers an $8.7 trillion debt.  $8.7 trillion debt!!! 

  At least 400,000 anchor babies would not be born in our country, costing us $109 billion per year per cycle.  At least 86 hospitals in California, Georgia and Florida would still be operating instead of being bankrupt out of existence because illegals pay nothing via the EMTOLA Act.  Americans wouldn’t suffer thousands of TB and hepatitis cases rampant in our country – brought in by illegals unscreened at our borders. 

  Our cities would see 20 million less people driving, polluting and grid locking our cities.  It would also put the ‘progressives’ on the horns of a dilemma; illegal aliens and their families cause 11% of our greenhouse gases. 

  Over one million of Mexico’s poorest citizens now live inside and along our border from Brownsville, Texas, to San Diego, California, in what the New York Times called, ‘colonias’ or new neighborhoods.  Trouble is, those living areas resemble Bombay and Calcutta where grinding poverty, filth, diseases drugs, crimes, no sanitation and worse.  They live without sewage, clean water, streets, roads, electricity, or any kind of sanitation.

  The New York Times reported them to be America’s new ‘Third World’ inside our own country.  Within 20 years, at their current growth rate, they expect 20 million residents of those colonias.  (I’ve seen them personally in Texas and Arizona; it’s sickening beyond anything you can imagine.) 

  By enforcing our laws, we could repatriate them back to Mexico.  We should invite 20 million aliens to go home, fix their own countries and/or make a better life in Mexico.  We already invite a million people into our country legally annually, more than all other countries combined.  We cannot and must not allow anarchy at our borders, more anarchy within our borders and growing lawlessness at every level in our nation.

 

It’s time to stand up for our country, our culture, our civilization and our way of life. 

Interesting Statistics!

  Here are 14 reasons illegal aliens should vacate America, and I hope they are forwarded over and over again until they are read so many times that the reader gets sick of reading them:

 

  1. $14 billion to $22 billion dollars are spent each year on welfare to illegal aliens (that’s Billion with a ‘B’)  < <http://tinyurl.com/zob77.html> http://tinyurl.com/zob77.html>

 

  1. $7.5 billion dollars are spent each year on Medicaid for illegal aliens.   < <http://www.cis.org/articles/2004/fiscalexec.html> http://www.cis.org/articles/2004/fiscalexec.html>

 

  1. $12 billion dollars are spent each year on primary and secondary school education for children here illegally and they  still cannot speak a word of English! < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $27 billion dollars are spent each year for education for the American-born children of illegal aliens, known as anchor babies. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $3 Million Dollars ‘PER DAY’ is  spent to incarcerate illegal aliens.  That’s $1.2 Billion a year. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. 28% percent of all federal prison inmates are illegal aliens .< <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html>

 

  1. $190 billion dollars are spent each year on illegal aliens for welfare & social services by the American taxpayers.  < <http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html>

 

  1. $200 billion dollars per year in suppressed American wages are caused by the illegal aliens. <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML

 

  1. The illegal aliens in the United States have a crime rate that’s two and a half times that of white non-illegal aliens.  In particular, their children, are going to make a huge additional crime problem in the US. < <http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html>

 

  1. During the year 2005, there were 8 to 10 MILLION illegal aliens that crossed our southern border with as many as 19,500 illegal aliens from other terrorist countries.  Over 10,000 of those were middle-eastern terrorists.  Millions of pounds of drugs, cocaine,  meth, heroin, crack, guns, and marijuana crossed into the U.S. from  the southern border.  < <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht<; <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht>

 

  1. The National Policy Institute, estimates that the total cost of mass deportation would be between $206 and $230 billion, or an average cost of between $41 and $46 billion  annually over a five year period.  < <http://www.nationalpolicyinstitute.org/publications.php?b=deportation> http://www.nationalpolicyinstitute.org/publicationsphp?b=deportation>

 

  1. In 2006, illegal aliens sent home $65 BILLION in remittances back to their countries of origin, to their families and friends.  < <http://www.rense.com/general75/niht.htm> http://www.rense.com/general75/niht.htm>

 

  1. The dark side of illegal immigration:  Nearly one million sex crimes are committed by illegal immigrants in the United States!  < <http://www.drdsk.com/articleshtml> http://www.drdsk.com/articleshtml>

 

Total cost a  whopping $538.3 BILLION DOLLARS A YEAR ! 

If this doesn’t bother YOU, then just delete the message.  Otherwise, forward this to everyone YOU know!

Are you crying or laughing ? “

 

 

    While we seem to be a little behind the times seeing as how this commentary was published years ago , we felt that it was worth repeating . Although we were unable to track down a link to the original article it has been published on an endless number of blogs and websites over the past few years .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mother And Daughter Weigh A Total Of 43 Stone And Get £34k A Year Handouts, But Refuse To Diet

 

 

 

 

 

” A mother and daughter who get £34,000 a year in handouts because they are too fat to work say they’d rather be happy and on benefits than depressed and thin

  Janice and Amber Manzur weigh a total of 43 stone and are so overweight they have to use mobility scooters as their weight means to get around.

  But both women refuse to diet and mother-of-two Ms Manzur, 44, insists: “I’d rather my daughter live life on benefits being fat and happy than depressed and thin.”

  Ms Manzur lives in a three-bedroom house that has been customised by the council to accommodate her disability and drives a Fiat Quibo disability car worth around £15,000.

  Ms Manzur said: “There’s no point in dieting, it doesn’t make a difference.”

 

 

    This is the inevitable result of the culture of dependence fostered by the Leviathan State … and for those who inhabit the world of the pound , a stone is equivalent to 14 pounds or 6.35 kilograms … do the math and you get 602 lbs between the two layabouts .

Read more at The Telegraph

 

 

 

 

 

 

 

 

 

 

 

Obama To Propose Two Free Years Of Community College For Students 

 

 

 

 

 

” President Barack Obama will need the approval of Congress to realize his proposal for making two years of community college free for students.

   So far, that plan doesn’t have an official price tag — other than “significant,” according to White House officials. If all 50 states participate, the proposal could benefit 9 million students each year and save students an average of $3,800 in tuition, the White House said.

  But administration officials insisted on a call with reporters Thursday evening that “this is a proposal with bipartisan appeal.”

  Case in point: Republican Gov. Bill Haslam, whose brainchild Tennessee Promise program strongly influenced Obama’s proposal. Beginning this year, any high school graduate in that state is eligible for two years of free community college tuition under the Tennessee Promise.”

 

 

    Regardless of the “bipartisan appeal” how the f**k is a government that is 18 trillion dollars in the hole supposed to pay for yet another feel-good , vote buying entitlement ? Simple mathematics puts a real figure ($34.2 Billion annually) to the White House’s estimate of a “significant” cost and as always with State spending we can be sure the estimate is a very lowball one . WTF ?

    And putting aside the cost , where in the Constitution is the “right” to a free education ?

   With that in mind , let us not forget what the Obama administration has already “accomplished” in the field of education:

 

 

Student Loan Debt

 

What could possibly go wrong ?

 

 

Read on at Politico

 

 

 

 

 

 

 

 

 

 

US Debt Soars By $100 Billion On Last Day Of 2014, Hits Record $18.14 Trillion

 

 

 

 

 

” It seems like it was only yesterday when we reported that, in yet another sleight of hand for the US Treasury and Social Security Administration, US debt rose by $32 billion on the last day of November sending total US debt above $18 trillion for the first time ever.  As we further noted, it also meant “that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.”

  Fast forward to today when we are happy to report that according to the US Treasury, America’s debt-funded spending spree, while supposedly slowing down if looking at the declining monthly budget deficit report, never actually has.”

 

Thanks to Tyler Durden at Zero Hedge

 

Interested viewers can keep track of the burgeoning national debt at our post of the real time National Debt Clock

 

 

 

 

 

 

 

 

 

Olivia Dorey Wants You To Know How The Government Spends Your Money

 

 

 

” Former House of Commons page Olivia Dorey was once one of the people hand-delivering the federal budget to MPs when the finance minister rose to deliver his speech.

  That task inspired her to try to read through a budget so she knew better what it contained.

” And I couldn’t. I couldn’t find the numbers, I couldn’t make sense of what they were trying to explain … I’m used to doing my own personal budgets, and this book, this book was nothing like a budget to me,” she said in an interview in Ottawa.

  Dorey studies public administration at the University of Ottawa, and is interested in politics. But she still couldn’t figure out the budget. That experience jarred her to begin a personal mission to build a website where people could key in some basic demographic information and find out how the federal budget affected them. 

  Some of that information is available — specific funding for a hospital or transit, for example, or qualifications for Old Age Security — but much of it is simply not publicly accessible, or hard to follow after an initial announcement.

  That’s led Dorey to start lobbying MPs to build budgets differently.

” If I can’t understand public finance and find the information I need, what hope do other Canadians have understanding it?” Dorey said.

  She believes federal, provincial and municipal budgets should be clear enough that people like her grandparents in Bridgewater, N.S., who don’t have university educations, can understand them. Her campaign led her to a strong ally: former parliamentary budget officer Kevin Page.

  Right now, there are several documents you have to read if you want to track a funding promise, including:

  • The budget, the annual planning document for government spending.
  • The estimates, which contain much more detailed information about spending.
  • The supplementary estimates, the update to the estimates.
  • The departmental performance reports, which recap how much was spent out of the amount budgeted, and staffing levels. “

 

Story continues

 

 

 

 

 

 

 

 

 

 

Florida Leaves New York Behind In Its Rear-View Mirror

 

 

 

 

 

” It’s official. Florida is the nation’s third-largest state with 19.7 million people. It surpassed New York this month by adding an average of 803 new residents every day as opposed to New York’s 140.

  Contrary to the stereotype, sun-seeking seniors aren’t the main drivers of Florida’s population growth. James Johnson, a business professor at the University of North Carolina, told the AP that Florida’s powerful economic engine is driving its growth: “I think it’s going to be for the 21st century what California or New York was for the 20th century.”

  As the James Madison Institute reports, Florida’s growth is built on a consensus that taxes, spending, and regulation should be restrained. Its budget is half the size of New York State’s, it lacks a state income tax, and it is much easier to start and run a business there than in many northeastern states.”

 

National Review

 

 

 

 

 

 

 

 

 

 

Obama Opens Fraud-Ridden Benefits Programs To Illegal Immigrants

 

 

 

 

” President Obama’s unilateral executive action on immigration will make hundreds of thousands, perhaps more than a million, illegal immigrants eligible for federal transfer payments. That will be done primarily through two widely used programs — the Earned Income Tax Credit, or EITC, and the Additional Child Tax Credit, or ACTC.

  As it turns out, those two programs are already among the most corrupt and fraud-ridden in the entire federal government. A newly-released report from the inspector general of the Internal Revenue Service confirms that the EITC is plagued by fraud (which was already well known) and also reveals for the first time that the ACTC is even worse.

  The two programs, intended for low-income workers, are what is known as refundable tax credits. That means they give workers a tax refund that is larger than their tax liability. So a family with a tax bill of $1,000 might receive an EITC “refund” of $5,000, meaning the family doesn’t write a check to the government but rather receives a check from the government. The ACTC works similarly for low-income workers with children.”

 

Thanks to Byron York at the Washington Examiner

 

 

 

 

 

 

 

 

 

Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

 

 

 

” Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.

 

 

 

 

  It also means that total US debt to nominal GDP as of Sept 30, which was $17.555 trillion, is now 103%. Keep in mind this GDP number was artificially increased by about half a trillion dollars a year ago thanks to the “benefit” of R&D and intangibles. Without said definitional change, debt/GDP would now be about 106%.

  It also means that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.

  And now we wait for the US to become Spain, and add the estimated “contribution” from hookers and blow to GDP, once again pushing the total debt/GDP ratio below the psychological 100% level.”

 

 

And to think that just three short years ago Obama was speaking of reducing our then $14 trillion debt …

 

 

 

 

 

 

   Heck of a job Barack especially when one takes into consideration the record tax receipts the Federal government has been taking in . Be sure to check out the National Debt Clock . Bookmark it and keep up .

Thanks to Zero Hedge

 

 

 

 

 

 

 

 

 

Front Line Ferguson Mike Brown Supporters Burnt The Town To The Ground

Published on Nov 25, 2014

” The Protests turned violent and quickly became an orgy of insanity, the militarized police and violent protesters made life in Ferguson a very dangerous place. “

In The Immortal Words Of MLK

    The lone woman can be seen defending her store (Papa John’s) from about the 1:10 mark , while the rest of the video is well worth the viewing as an example of the thuggish , criminal behavior on display in the pursuit of “justice” .

HT/100% Fed Up

Poll: Latino Voters Want More, More, More

 

 

 

 

 

 

” A new poll of Latino voters finds that most want President Obama to issue more executive orders to cover all illegal immigrants and protect them from deportation if Congress doesn’t agree to comprehensive immigration reform.

  The Latino Decisions survey found that 73 percent of the 405 registered voters polled want “additional executive orders” to protect immigrant workers not impacted by Obama’s decision last week targeted at four to five million parents facing deportation.

“ We would prefer much more,” said Oscar Chacon, executive director of the National Alliance of Latin American and Caribbean Communities.

  He added that 2016 presidential candidates should be welcoming to immigrants or face a voter backlash. “We will make sure that it is a central issue in the coming election,” he said.

  The poll, conducted on behalf of Presente.org and Mi Familia Vota, also found that 64 percent of the Latino voters know “somebody who is an undocumented immigrant.” Some 42 percent said that they were both a friend and a family member.

  Obama’s move won overwhelming support from those polled, with 89 percent supporting it strongly or somewhat strongly.

“ This 89 percent is the highest and most unified we have ever found,” said Matt Barreto, co-founder of Latino Decisions.

  Republicans took a big hit in the poll, with most, 64 percent, blaming Republicans for inaction on immigration reform. “

 

 

    Given the oft-stated fact that we all came from immigrants at one time or another , which is true , we still cannot recall any of our immigrant fore-bearers either expecting or receiving the kind of special treatment now deemed to be deserved by the latest influx of foreigners . Since when is everyone “entitled” to citizenship ?

More on the Latino Bloc’s ever-growing demands at the Washington Examiner

 

 

 

 

 

 

 

 

 

 

The Fiscal Cost Of Unlawful Immigrants And Amnesty To The U.S. Taxpayer

 

 

Immigration Costs 2013 - Table 4

 

” Unlawful immigration and amnesty for current unlawful immigrants can pose large fiscal costs for U.S. taxpayers. Government provides four types of benefits and services that are relevant to this issue:

  • Direct benefits. These include Social Security, Medicare, unemployment insurance, and workers’ compensation.
  • Means-tested welfare benefits. There are over 80 of these programs which, at a cost of nearly $900 billion per year, provide cash, food, housing, medical, and other services to roughly 100 million low-income Americans. Major programs include Medicaid, food stamps, the refundable Earned Income Tax Credit, public housing, Supplemental Security Income, and Temporary Assistance for Needy Families.
  • Public education. At a cost of $12,300 per pupil per year, these services are largely free or heavily subsidized for low-income parents.
  • Population-based services. Police, fire, highways, parks, and similar services, as the National Academy of Sciences determined in its study of the fiscal costs of immigration, generally have to expand as new immigrants enter a community; someone has to bear the cost of that expansion.

  The cost of these governmental services is far larger than many people imagine. For example, in 2010, the average U.S. household received $31,584 in government benefits and services in these four categories.

  The governmental system is highly redistributive. Well-educated households tend to be net tax contributors: The taxes they pay exceed the direct and means-tested benefits, education, and population-based services they receive. For example, in 2010, in the whole U.S. population, households with college-educated heads, on average, received $24,839 in government benefits while paying $54,089 in taxes. The average college-educated household thus generated a fiscal surplus of $29,250 that government used to finance benefits for other households.

  Other households are net tax consumers: The benefits they receive exceed the taxes they pay. These households generate a “fiscal deficit” that must be financed by taxes from other households or by government borrowing. For example, in 2010, in the U.S. population as a whole, households headed by persons without a high school degree, on average, received $46,582 in government benefits while paying only $11,469 in taxes. This generated an average fiscal deficit (benefits received minus taxes paid) of $35,113.

  The high deficits of poorly educated households are important in the amnesty debate because the typical unlawful immigrant has only a 10th-grade education. Half of unlawful immigrant households are headed by an individual with less than a high school degree, and another 25 percent of household heads have only a high school degree.

  Some argue that the deficit figures for poorly educated households in the general population are not relevant for immigrants. Many believe, for example, that lawful immigrants use little welfare. In reality, lawful immigrant households receive significantly more welfare, on average, than U.S.-born households. Overall, the fiscal deficits or surpluses for lawful immigrant households are the same as or higher than those for U.S.-born households with the same education level. Poorly educated households, whether immigrant or U.S.-born, receive far more in government benefits than they pay in taxes. “

 

Read the entire study at Heritage

 

 

 

 

 

 

 

 

 

 

Courtesy Of Bluegrass Pundit 

 

   Below in the Scribd document released by Senator Charles Grassley you will find a list of the zip codes where the Fed’s have secretly dumped this past summer’s massive influx of illegal democrat voters immigrants .

 

 

 

   We haven’t had the time to investigate but are willing to bet that there is a strong correlation between these zip codes and the Enterovirus . 

HT/My Daily Musing

Here Are Thirteen Reasons To Vote Republican Today*

 

 

*In no particular order …

 

Brian Terry: A Victim Of Fast & Furious

Chris Stevens , Glen Doherty , Tyrone Woods , Sean Smith & Benghazi

NSA Spying

IRS Tea Party Scandal

Veterans Administration Scandal

Obamacare – ’nuff Said

Common Core

National Park Closures

Enterovirus EV-68D aka Illegal Immigrant Disease

Open Borders & The Permanent Democratic Majority

Senate Majority Leader “Dirty Harry” Reid

$17 Trillion National Debt

The Supreme Court

   This is by no means an all-encompassing list and is intended as a brief motivational post . Feel free to include your own additions in the comments . It is a very fertile field .

De Blasio Is A Superb Mayor, Says Taxpayer-Funded YouTube Videos

 

 

 

 

 

” The mayor’s taxpayer-funded p.r. machine has spit out 250 YouTube videos since he took office — including some slickly produced messages that look a lot like campaign ads.

  Complete with voice-overs, soaring music and interviews with New Yorkers waxing poetic about Hizzoner, the videos are created by former de Blasio campaign workers now employed by City Hall.

“ I feel like Bill de Blasio and [wife] Chirlane [McCray] have brought the love back to New York City,” an unnamed woman gushes in one video while waiting to tour Gracie Mansion three days after his inauguration.

  Another video celebrates his first 100 days in office with staged testimonials from New Yorkers, including one by a carwash employee applauding the mayor’s signing a paid-sick-leave law.”

 

NY Post

 

 

 

 

 

 

 

 

 

Report: 71 Percent Of NH Job Growth Since 2000 Has Gone To Immigrants Over Americans

 

 

 

 

” A whopping 71% of new jobs in New Hampshire since 2000 have gone to foreign immigrant workers—both those who are here illegally and legally—a new report from the Center for Immigration Studies (CIS) found.

“ Job growth in New Hampshire has not been very strong,” Steven Camarota, CIS’s research director and the report’s co-author, said in a statement accompanying its release. “The situation for natives without a college education has been particular bad. Thus, it is surprising that many of New Hampshire’s politicians supported the Gang of Eight bill, which would give work authorization to illegal immigrants and dramatically increase the number of foreign workers allowed into the country in the future.”

  One particular politician in the state who supported the “Gang of Eight” bill, which would have hurt even more New Hampshire jobs than current immigration policy does, is incumbent Democratic Sen. Jeanne Shaheen (D-NH). Shaheen voted for the immigration bill and regularly defends it on the campaign trail, despite the fact that the data that CIS found shows New Hampshire’s citizens are struggling, and illegal and legal immigrants are taking many of the state’s new jobs.”

 

Breitbart

 

 

 

 

 

 

 

 

 

 

Overpaid Federal Employees

 

 

 

 

 

” With the election only weeks away, pundits are visualizing how a Republican-controlled Senate would impact future policy decisions.  Today’s Washington Post highlights the supposed plight of federal workers under a Republican Congress.

  The piece discusses House Budget Chairman Paul Ryan’s budget proposal:

  Under the Ryan budget, the contribution of most federal employees toward their retirement plan would increase by 5.5 percentage points with no increase in benefits — effectively a pay cut. Ryan emphasizes a “defined-contribution system” that centers on employee payments to their retirement program instead of the current system, which includes pensions from the U.S. government. He estimated his plan would save the government $125 billion over 10 years.

That $125 billion in savings, however, would come from the pockets of federal employees.

  The piece continues in a similar vein discussing Republican-supported legislation that would make it easier for federal employees to be disciplined, fired, and restricted in their conference expenditures–all  reasonable proposals. It cites federal employee union officials on the difficulties these policies would place on federal workers.

  But the piece fails to mention the elephant in the room: federal employees are compensated more generously than their private-sector counterparts.

  Using data from the Bureau of Economic Analysis, the average wage for a federal civilian employee in 2013 was $81,076, compared to the average wage of $55,424 for private-sector employees. “

 

Cato reports

 

 

 

 

 

 

 

 

 

War on Poverty Turns 50: Are We Winning Yet?

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” The War on Poverty is 50 years old. Over that time, federal and state governments have spent more than $19 trillion fighting poverty. But what have we really accomplished?

  Although far from conclusive, the evidence suggests that we have successfully reduced many of the deprivations of material poverty, especially in the early years of the War on Poverty. However, these efforts were more successful among socioeconomically stable groups such as the elderly than low-income groups facing other social problems. Moreover, other factors like the passage of the Civil Rights Act, the expansion of economic opportunities to African Americans and women, increased private charity, and general economic growth may all have played a role in whatever poverty reduction occurred. ”

Read more

Judge Judy Lays A Smackdown On Leeching Woman With 5 Kids

 

 

 

 

An all powerful government breeds an all dependent society .

Poorer Conservatives More Generous Than Wealthy Liberals

 

 

American Giving

 

 

 

” Less well-off families from red states donate a relatively higher – and growing – proportion of their money to charity, while those at the top have been giving a smaller share as their income has increased, a new extensive study has revealed.

  Respected non-government sector newspaper The Philanthropy Chronicle collated the itemized charity deductions on the tax returns of hundreds of millions of Americans between 2006 and 2012, the latest year available. While only about a third of all givers write off their charity expenses, the sums included about 80 percent of all donations in the country.

  The study noted that while the amount of charitable giving by the US as a nation has remained steady at 3 percent, the poorer people are, the greater amount they spend on charity. And this trend has been exacerbated in the years covered by the study, which showed that those earning $25,000 or less contributed 16.6 percent more of their income, while those with incomes of over $200,000 were spending 4.5 percent less of their money on charity in 2012 than in 2006. The study does not give the countrywide overall percentage of money donated by each group.”

 

 

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