Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, August 18, 2014

Debt

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt.
Barack Obama - source: brainyquotes.com

Government should not be spending more than it takes in unless in an emergency. If the government was a business, it would have been bankrupt a long time ago.  Any entity - business, individual, government - that has too much debt on top of massive future unfunded liabilities is heading toward a major economic catastrophe.

Federal program should be prioritized and some that don't make the cut get defunded. If a government believes that certain programs are priorities that didn't get the funding in a previous year, the government should shift funds from a less priority or a program that is very inefficient.

Senator Obama was right when he stated that raising the debt limit is a failure of leadership. The problem is that President Obama does not care about reckless spending and is a failure as a leader.




http://www.usdebtclock.org/

Saturday, August 16, 2014

Health Care

In 2009 & 2010, the president with the help of Congress passed the biggest overhaul to health care since Medicare. Ever since, health care has gotten worse. When the power to determine one's health is transferred from individuals and doctors to bureaucrats in Washington DC, medical care gets worse.

I disagree with President Obama on many issues concerning medicine. Obama believes that health care is a right. I believe it is a privilege of those who take care of themselves and a responsibility of individuals and society to take care of those less fortunate than ourselves.

I also disagree about the economics of current medical care. Obamacare goes against American ideals of individual liberty and capitalism. It punishes innovation and rewards bad health (unless you're a smoker). Obamacare will lead to European/ socialized medicine like Great Britain's NHS or the VA system in the United States.


On top of that, Obamacare allows the IRS to collect the penalty/fee/tax of not being in compliance with Obamacare. The same people who lost six months of e-mail that demand 7 years of tax returns if you're under audit is now going to hound taxpayers even more, especially those against the ruling class in this country.




Wednesday, August 13, 2014

The IRS = THEIRS

With the IRS being caught trying to target conservative groups before the 2012 election, one thing is for certain. The IRS cannot be trusted when it comes to collecting tax money.

The IRS is in charge of making sure that every American pays the government their share of taxes. Now with the IRS being given more responsibility in enforcing the financial obligations of Obamacare, it is more imperative that the the IRS be reformed and the tax code be simplified.

The IRS is a part of the Department of Treasury that can be eliminated if the government decided to dramatically change the tax code. A simpler tax code would phase out progressive income tax brackets of today in favor of a flat tax on all money made and created by all American people and corporations. Along with eliminating major waste, fraud, abuse and welfare (both individual and corporate) in spending, the federal government could actually make a surplus that would pay off the massive debt incurred over the last twenty years.


http://bigstory.ap.org/article/irs-apologizes-targeting-conservative-groups



http://www.lp.org/blogs/staff/libertarian-party-applauds-ron-paul-suing-irs