- The co-worker who's always late for work.
- The bicyclist who flipped you off after you honked your horn because you almost hit her while she blasted through a red light.
- The waiter that ignored you for your entire dinner, but followed you outside to berate you because you didn't leave a tip.
- The roommate who never washes her own dishes and is always late with her share of the rent.
- The relative who is never on time for family functions.
- The "friend" who has never returned the book you loaned to him.
- The carpooler who never, ever chips in for gas or parking.
- The co-worker who never brings anything to the office potluck, but always first in line at lunchtime.
- The bus driver that kicks moms with their screaming babies off the bus.
- The high school student on the bus or light rail train that refuses to move his man-bag so the old lady can have a seat.
- People that still have John Kerry bumper stickers on their car.
- Retired California Probation Officers.
Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts
Oct 10, 2011
Occupy Portland: You've Met Them
You already know the people who call themselves "Occupy Portland":
Aug 20, 2011
Tax The Rich Only Works If Government TAKES IT ALL
Our nation's socialists have finally run out of other people's money. But it looks like they're in denial about it. Billionaire Warren Buffett's idea to tax the rich more and more was, of course, seized upon by Democrats as proof that billionaires are more then wiling to finance our nation's out of control spending. But once again, it's been proven that no amount of "tax the rich" can solve our debt problems-- unless the government TAKES ALL THE MONEY!!
Every single dollar. Every. Single. Dollar. Our nation's socialists have finally run out of other people's money
Buffett's New York Times Op-Ed said "it was time to "stop coddling the wealthy" and urged Congress to raise taxes on millionaires. Sounds great, doesn't it? Except for one little problem. According to a study by the Tax Foundation,
"...calculations indicate that taxing these individuals at an effective rate of 100 percent would only net the government $186 billion, reducing the deficit by 12 percent and the debt by an additional 2 percent. In fact, the only way for the government to solve its fiscal issues with revenue would be to confiscate every single dollar from every single American making $200,000 or more per year, the study said."
Every single dollar. Every. Single. Dollar. Our nation's socialists have finally run out of other people's money
Jul 27, 2011
Fair Share? Even 100% Corp Tax Isn't Enough!!
President
Obama and the Democrats in Congress keep saying that U.S. corporations
need to “pay their fair share” in order to resolve our national debt problems.
They want more revenue a.k.a more TAXES from those evil corporations.
And that leads us to the big question: Is our national debt a spending problem or a revenue problem?
Democrats want U.S. companies to pay their “fair share” to close the deficit gap. Ok! Let’s give it the old Democrat try. Let’s really STICK IT to those evil corporations and their Lear jets, tax breaks, etc. Are you ready? Here we go!
Let’s target the biggest U.S.corporations, the ones with annual gross revenues of over $40 billion per year. There are over 60 of these giant corporations in the U.S. (They’re listed below, along with their 2010 profits listed in billions of dollars. )
Remember now, we’re going to force these evil corporations to pay their “fair share”. Let’s not beat around the Bush. Let’s go all the way. Let’s tax their annual net profits at 100%. That’s the kind of fair share that any Democrat would be happy with. How much would a 100% tax on the net profit of these largest companies raise for one year? A whopping $204.8 BILLION dollars!!!
Wow, you’re thinking! $204.8 billion dollars would not only stick it to those corporations, but it would also would pay for everyone's health care, plus feed the poor children, and pay for all those public employee pensions, right? And it would solve our debt ceiling problems, too! That's the fair share President Obama is talking about, right?
There’s just one little problem. Currently, U.S. Government spending outpaces revenues by $118 BILLION per month. That’s right. The U.S. spends $1.4 TRILLION per year more than it receives in revenue. Even if Congress taxed 100% of the annual net profits of every U.S. company with over $40 billion in annual gross revenue, it would pay for less than TWO MONTHS of our monthly deficit of $118 billion per month. Think about that.
Even if our largest corporations were taxed the equivalent of 100% of their annual net profits, it still wouldn’t be enough to solve our nation’s debt problem. Clearly, we have a spending problem. And no additional “fair share” of new corporate taxes proposed by Obama and the Democrats will put even a small dent in our national debt.
Democrats want U.S. companies to pay their “fair share” to close the deficit gap. Ok! Let’s give it the old Democrat try. Let’s really STICK IT to those evil corporations and their Lear jets, tax breaks, etc. Are you ready? Here we go!
Let’s target the biggest U.S.corporations, the ones with annual gross revenues of over $40 billion per year. There are over 60 of these giant corporations in the U.S. (They’re listed below, along with their 2010 profits listed in billions of dollars. )
Remember now, we’re going to force these evil corporations to pay their “fair share”. Let’s not beat around the Bush. Let’s go all the way. Let’s tax their annual net profits at 100%. That’s the kind of fair share that any Democrat would be happy with. How much would a 100% tax on the net profit of these largest companies raise for one year? A whopping $204.8 BILLION dollars!!!
Wow, you’re thinking! $204.8 billion dollars would not only stick it to those corporations, but it would also would pay for everyone's health care, plus feed the poor children, and pay for all those public employee pensions, right? And it would solve our debt ceiling problems, too! That's the fair share President Obama is talking about, right?
There’s just one little problem. Currently, U.S. Government spending outpaces revenues by $118 BILLION per month. That’s right. The U.S. spends $1.4 TRILLION per year more than it receives in revenue. Even if Congress taxed 100% of the annual net profits of every U.S. company with over $40 billion in annual gross revenue, it would pay for less than TWO MONTHS of our monthly deficit of $118 billion per month. Think about that.
Even if our largest corporations were taxed the equivalent of 100% of their annual net profits, it still wouldn’t be enough to solve our nation’s debt problem. Clearly, we have a spending problem. And no additional “fair share” of new corporate taxes proposed by Obama and the Democrats will put even a small dent in our national debt.
| TOP US COMPANIES (Exceeding $40 Billion in annual revenues) | Profits (billions) |
| WalMart | $14.3 |
| ExxonMobil | $19.3 |
| Chevron | $10.4 |
| ConocoPhillips | $4.8 |
| General Electric | $11.0 |
| Berkshire Hathaway | $8.0 |
| General Motors | $0.0 |
| Ford Motor Company | $2.7 |
| Hewlett Packard | $7.7 |
| AT&T | $12.5 |
| McKesson Corporation | $1.3 |
| Bank of America | $6.3 |
| Federal Home Loan Mortgage Corporation | -$71.9 |
| Cargill | $0.0 |
| Verizon | $3.6 |
| JP Morgan Chase | $11.7 |
| Koch Industries | $0.0 |
| IBM | $13.4 |
| Cardinal Health | $1.2 |
| CVS Caremark | $3.7 |
| United Health Group | $3.8 |
| Citigroup | -$1.6 |
| Wells Fargo | $12.3 |
| Valero Energy | -$2.0 |
| Kroger | $7.0 |
| Procter & Gamble | $13.4 |
| AmeriSource Bergen | $0.1 |
| American International Group | $0.1 |
| Costco | $1.1 |
| Marathon Oil | $1.5 |
| Walgreens | $2.0 |
| Home Depot | $2.7 |
| Target Corporation | $2.5 |
| Apple Inc. | $5.7 |
| Boeing | $1.3 |
| Microsoft | $14.6 |
| Phillip Morris International | $6.3 |
| Archer Daniels Midland | $1.7 |
| Johnson & Johnson | $12.3 |
| State Farm Insurance | $0.7 |
| Medco Health Solutions | $1.3 |
| WellPoint | $4.7 |
| PepsiCo | $5.9 |
| United Technologies | $3.8 |
| Dell | $1.4 |
| Pfizer | $8.6 |
| Best Buy | $1.3 |
| United Parcel Service | $2.1 |
| Lowe's | $1.8 |
| Lockheed Martin | $3.0 |
| Goldman Sachs | $13.4 |
| Dow Chemical | $0.1 |
| Sears Holdings | $0.2 |
| Intel | $4.3 |
| Caterpillar | $0.9 |
| Chrysler | $0.0 |
| Bunge Limited | $0.4 |
| MetLife | -$2.2 |
| Safeway | -$1.1 |
| SuperValu | $0.4 |
| Kraft Foods | $3.0 |
| Cisco | $6.1 |
| TOTAL | $204.8 |
| Source: http://en.wikipedia.org/wiki/List_of_companies_by_revenue | |
| Source: http://money.cnn.com/magazines/fortune/global500/2010/full_list/ |
Jan 31, 2009
Obamananny: No JETS! Are Pork Rinds Allowed?
Citigroup cancelled the purchase of a $50 million private jet after getting a tongue lashing from Obama. And Obama browbeat Wall Street executives after they issued over $18 billion in bonus payouts. Obama's White House issued a press release stating, "Obama did not believe using private jets was "the best use of money" by companies receiving taxpayer assistance. "
Obama voted for the Senate version of the bailout bill. Where's the language in the bailout bill that says companies receiving taxpayer assistance can't buy corporate jets or give away billions in bonus payouts? Where's the language in the bailout legislation requiring any accountability at all? Words mean things, Obama. If you didn't want corporate execs to buy private jets and give themselves billions in bonuses, why did you vote for the bailout? Words mean things!
Congress, in its infinite wisdom, put several restrictions on the lower end of the taxpayer assistance food stamp chain: you can't buy beer, wine, cigarettes or tobacco, pet food, or food that will be eaten in the store. If Obama's corporate bailouts failed to ban pork rinds, Lucky Strikes, Kibbles 'n Bits, corporate jets, or billion dollar bonus payments, that's tough. And Corporate America should thumb its nose at Obama and eat their pork rinds while flying the friendly Gulfstream skies.
Obama voted for the Senate version of the bailout bill. Where's the language in the bailout bill that says companies receiving taxpayer assistance can't buy corporate jets or give away billions in bonus payouts? Where's the language in the bailout legislation requiring any accountability at all? Words mean things, Obama. If you didn't want corporate execs to buy private jets and give themselves billions in bonuses, why did you vote for the bailout? Words mean things!
Congress, in its infinite wisdom, put several restrictions on the lower end of the taxpayer assistance food stamp chain: you can't buy beer, wine, cigarettes or tobacco, pet food, or food that will be eaten in the store. If Obama's corporate bailouts failed to ban pork rinds, Lucky Strikes, Kibbles 'n Bits, corporate jets, or billion dollar bonus payments, that's tough. And Corporate America should thumb its nose at Obama and eat their pork rinds while flying the friendly Gulfstream skies.
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