... and this time it's none other than Dave Ramsey.
The FairTax is a bold proposal. It is only natural that people are going to try to criticize it. Is it too much to ask for these people to do at least a modicum of research so that they at least appear to know what they're talking about?
This time the culprit is Dave Ramsey. I like the guy, and I like his approach. His sermons on living debt free are right on, and no doubt he's helped millions of people to improve their financial. OK .. mighty fine. But now he's taken it upon himself to opine that the FairTax simply isn't, in his words, "fair."
Let's take this quote from Ramsey's article: "People would only pay taxes on items they buy, except for food, basic clothing and other kinds of necessities." Most of the FairTax supporters know that this is just flat-out wrong. The explanation is incomplete. If Ramsey really was informed on the FairTax he would know that you pay taxes only on items that you buy at the retail level, and that food, basic clothing and other kinds of necessities are included. Ramsey would also know about the prebate. He would know that every household in this country --- that is, every legal household --- would get a credit or check from the Treasury Department every single month equal to the FairTax they would be expected to pay on the basic necessities of life during the following month. This FairTax prebate is so essential to the FairTax plan that to ignore it, or to be unaware of it entirely, is worse than careless.
Ramsey also writes of the FairTax "This means it's more of a burden on poor people, because they would pay a higher percentage of their overall income." Sorry, wrong. The poor, poor pitiful poor would pay virtually nothing - zero percent of their income - to the federal government. [ALERT! Brilliant thought follows!] To pay any taxes at all to the feds the poor would have to spend above the poverty level. If they're doing that ... they're not poor. Pretty easy, isn't it? I wonder why Dave Ramsey doesn't get it? Is there a chance he just shot from the hip here without doing any real research? The FairTax deserves better than this flippant, uninformed treatment.
Dave Ramsey could be a good proponent of the FairTax. He's very bright, and he would recognize the beauty of this plan if he just would take the time to actually study it. Knowing what you're talking about .... Is that too much to ask?
Weird, this audio clip on YouTube seems to show Ramsey supporting the FairTax. Huh. Maybe he's lost changed his mind since that was recorded.
It's been a while since Americans have had a corporation that they could really rail against. It feels like ages since everyone raised their pitchforks over the AIG bonuses. Well, maybe the time has come again, as AIG makes its way back into the news. The original outrage, you may remember, came when AIG announced that it was going to pay $120 million in 2008 bonuses to about 6,000 employees.
You'll be happy to know that this $120 million isn't even close to the amount AIG will actually pay to employees in the form of bonuses for 2008. Try $454 million ... that's quadruple what Americans were outraged over before.
AIG's explanation is that this $454 million is the answer to a different question than what as previously asked ... this new figure "'reflects all types of variable compensation across all of our businesses,' while the $120 million figure he provided earlier reflected only bonuses paid to corporate headquarters executives and high ranking officers at its major businesses around the world."
So if it has been a while since you have let your wealth-envy really get the best of you .... Just remember that all of these evil people working for this evil corporation are going to be getting bonuses!
After the taxpayers spent $328,000 on pictures of Air Force One over Manhattan, and after hundreds of New Yorkers marked their shorts, Obama has decided that the photos will not be released to the public. Sort of odd, isn't it? After all, this White House has been eager to release other photos! How about pictures of American troops "torturing" Islamic radicals? How about pictures of the coffins of dead American soldiers returning from the Middle East? Those pictures are just fine, thank you very much. But those pictures of Air Force One? No way. And why not? Well ... here are two possibilities:
The Obama White House knows that those photos will be a constant reminder to the people of his free spending policies.
If the pictures are released someone will immediately duplicate them using Photoshop .. and dare you to tell the difference. Just a bit embarrassing.
Hard to blame him, isn't it? Release of those photos only leads to additional embarrassment.
The Hill did a little survey to find out exactly what Congressmen think of each other. So over the last couple of months, they asked Representatives to name the hardest and easiest members of Congress to work with. Here's what they found ...
Most partisan Democrats
1. Nancy Pelosi (Calif.) 2. Henry Waxman (Calif.) 3. John Conyers Jr. (Mich.) 4. Barney Frank (Mass.) 5. Jim McDermott (Wash.)
Most partisan Republicans
1. Tom Price (Ga.) 2. Virginia Foxx (N.C.) 3. Jeb Hensarling (Texas) 4. Patrick McHenry (N.C.) 5. Michele Bachmann (Minn.)
Most bipartisan Democrats (listed alphabetically)
Neil Abercrombie (Hawaii) Rick Boucher (Va.) Bill Delahunt (Mass.) Barney Frank (Mass.) Steny Hoyer (Md.) Jim Oberstar (Minn.) Collin Peterson (Minn.) Ike Skelton (Mo.) Gene Taylor (Miss.) Ed Towns (N.Y.)
Most bipartisan Republicans (listed alphabetically)
Judy Biggert (Ill.) Bob Inglis (S.C.) Walter Jones (N.C.) Steven LaTourette (Ohio) John McHugh (N.Y.) John Mica (Fla.) Ron Paul (Texas) Lee Terry (Neb.) Fred Upton (Mich.) Bill Young (Fla.)
Did ya notice anything peculiar about these lists .... How about the fact that Barney Frank is the only House member to appear on both the partisan and bipartisan lists? You will notice also that Nancy Pelosi appears only as a hyper-partisan Democrat.
Jamie Dupree mentioned this on the air yesterday, and I just had to get a good chuckle. With Obama's impending Supreme Court nomination, everyone has their theories as to who will be the chosen one. Some say it has to be a woman. Others say it has to be a Hispanic so we can check off the list "first Hispanic justice."
But there is another strong lobby group out there ...the gay lobby. Yep, there is a big push to have Obama nominate the first openly gay justice on the Supreme Court.
Now, some could argue that we have already had gays serving as Justices ...... but we will just leave it at that.
Some interesting email from someone who has never listened to my show. What a surprise:
Name: Alberto Mota City: El Paso, Texas. Subject: Swine flu!!??
first of all i just want to make clear the fact that i've never listened to you show by radio, you may ask yourself how do i know about you, or you may not because you seem to be a very popular man in your region at least, but well the reason i know you is because this morning i was watchig the news in a mexican channel, and they were talking about what everyone else is talking in the world: swine flu. so it got to my attention a piece that this channel put about your program.. i don't know, i just don't get, the way you say that every single mexican is a carrier..
what are you talking about???!!
and the fact that you don't want any mexican around you, not working in your properties, well, you know what... i don't think so, you need us, as well as we need dollars to pay our bills and to give shelter and food to our families, i mean, you need us, and we don't even need you, we didn't come to this country for you, we came because we needed to, and we don't go over there to cause problems, and i know there's people that become criminals and put a stain in our name, but there is people like that everywhere, and you know you're not helping us, and actually you know that the world you're dreaming on is not possible anymore..
One of the things i can't totally get is people like you, leaders that take their followers to a totally wrong way, all full of hatered and nationalisms...
coming back to the swine flu topic, if you're the responsable guy you seem to be, don't lie to your audience, think before you talk, inform youself and then if you have a reason to, blame someone, or on the other hand try to help the situation instead of getting it worse..
with the respect you deserve,
a citizen of the world...
Oh I love that "citizen of the world" nonsense. If you think you're a citizen of the world, try voting in elections outside your country. You folks know the truth here. I have never said any of the things alluded to in this character's email.
Barack Obama's tax proposals could "kill the spirit of competition" ....... In India. Here too. Democrats don't like competition. Just take a look at our schools.
Take a look at how Obama's tax proposals would affect the Irish economy. Imagine if we had the FairTax and these companies would be encouraged to bring that money and those jobs to America.
Now we get an extremism dictionary from the Homeland Security Department. These people are really on a roll lately. I don't like confiscatory taxation. That makes me an extremist.
The Obama administration is stepping up pressure on Israel to accept a two-state solution to its conflict with Palestine. Actually, there's more to it than that. Obama wants Israel to accept all Palestinian's who want to live in and do God-Knows-What in Israel. You get the feeling that Obama wants Israel to just go away.
Gallup polls show that Americans want less government control when it comes to gun ownership.
China is building up its military power and the chairman of the Joint Chiefs of Staff believes that this is aimed at the United States. We show weakness, they show strength.
The White House is still on a mission to support corn ethanol which is worse for our environment and costing the taxpayers a lot of money to prop up the industry.
How did the Democrats receive Arlen Specter at his first policy lunch? With warm applause. And from this article in Politico it seems that Angry Arlen isn't exactly being welcomed by the Looters with open arms.
The University of Wisconsin System wants the state to adopt laws that would allow universities to punish students for actions that take place off campus.
If you enjoy Neal's daily chat with Jamie Dupree, you'll love Jamie's Blog! Check it out for analysis of the campaigns and goings on in Washington D.C.
Belinda Skelton, Cristina Gonzalez and Laura Nunemaker assist in the daily preparation of Nealz Nuze!
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