YET ANOTHER HILLARY ENTITLEMENT PROGRAM.

Hillary says that she is tossing the idea of a $5,000 baby bonus. Golly, I wonder why that would be? Truth is, she drove that wreck into the electoral parking lot and it dented far too many fenders.

So ... when one income redistribution plan fails, just roll in another. See if this one will do better.

So ... here is Hillary Rodham's latest great idea for a new entitlement program. American Retirement Accounts. Hillary proposes that every citizen have a 401(k)-type retirement account. You can put up to $1,000 annually in the account and the government will match 100% of it (if you make less than $60,000).

How will she pay for this? Taxes!! The $20 to $25 billion cost of this entitlement program would be paid for by death taxes levied on estates of more than $7 million per couple. She says that this will help "narrow the gap" between the evil rich and the "unfortunate" people who don't have enough savings for retirement.

OK .. rather than going through a long narrative on Hillary's latest tax-and-spend plan, let me just give you some bullet points.

For every dollar families earning less than $60,000 a year put into their account the federal government will match that dollar – up to $1000. This will be called a "refundable tax credit."

Refundable tax credits are a scam.

In the mid 1970s I purchased my first home. Builders were having a tough time selling homes back then, so the government instituted a $2000 tax credit for anyone purchasing a newly-built home. This meant that I could take when I filled out my tax return I would subtract whatever I owed the government by $2000, and pay the difference. If my tax liability minus $2000 equaled zero or less, then I simply didn't pay any federal income taxes, and that was the end of the story.

That is not the way "refundable" tax credits work. With the modern invention of the "refundable" tax credit you once again subtract the credit from the taxes you owe the federal government. BUT ... if the tax credit is more than the taxes you owe, the government pays you the difference! In other words, the government uses its police power to seize the difference between the amount of taxes you owed and the amount of your credit from some other individual, and then hands that money over to you.

Income redistribution ... pure and simple.

Hillary's little savings scheme isn't going to cost the "government," as she say, $20 to $25 billion. Much of that money is simply seized by the government and handed over.

Now .. if Hillary gets her little entitlement plan passed, let me tell you what the future holds in store. In campaign after campaign Democrats will tell the voters "Vote for me and we'll increase the contribution limit for your American Retirement Account. Vote for that evil Republican running against me and he will take your money away!

By the way ... you don't have to work to get this handout. Of course if you don't work, you don't have income. If you don't have income you don't owe income taxes. That would mean that every single non-working person in this country would just have to find $1000 somewhere to put into this account and the government would rush forward to match it with someone else's money.

Illegal aliens? I don't know. She hasn't said yet. Maybe someone will ask this dangerous woman if she plans to set up these accounts for illegals. The answer should be interesting.

Something else interesting: Hillary says that less than half the families in the U.S. have retirement savings accounts. Another lie. Ever heard of Social Security? Now instead of creating this new entitlement program, why not just establish private accounts for each and every poor sap paying into Social Security right now? Oh wait, I forgot. The politicians need those Social Security taxes to fund their vote-buying programs.

Watch this woman. All she seems to be doing lately is coming up with ideas for government entitlement programs ... and government entitlement programs are nothing more than wealth redistribution programs. Check your scorecard we have:

• Nationalized Health Care.
• The Baby Bonus
• American Retirement Accounts
• Hillary's idea of government involvement in our children's education even before kindergarten!

In the meantime ... have you heard one single idea from Hillary that would increase your personal freedom? Have you heard one single idea that would decrease the intrusiveness or the power of the Imperial Federal Government? How about one idea that would promote competition in the free market?

You're right ... you haven't.

You haven't because Hillary Clinton worships the God of Government. This is a woman who feels that there are only a select few in this country who are capable of ordering and living their own lives without guidance from those smarter and more capable than they. This is a woman who believes to the depth of her soul that you can't exist without embrace of government guiding your every step and picking you up every time you stumble.

To Hillary Rodham Clinton, self sufficiency is a vice.

What's next? Stay tuned, it should only take a day or two to figure that out.

HUGO'S 'NEW MAN'

Hugo Chavez is toughening the stance of his 'revolution' by forcibly changing the culture of Venezuelans to be less "American."

Here are some of the vices that Hugo will curb in his efforts to encourage Venezuelans to be the "New Man."

Venezuela is one of the largest whisky importers in the world ... but not any more once Hugo curbs those pesky imports. A 50% tax increase will be placed on alcoholic beverages as of next week. Along with that, beer trucks will be forbidden and will be seized by the government.

Cigarette taxes will soar to 72% and new taxes will be placed on luxury items like fancy cars and artwork.

He also has other requests: Don't put too much hot sauce on your food, exercise regularly, eat low-cholesterol foods, and respect the speed limit. Oh and when it comes to parents: stop buying Barbie dolls and breast jobs for your daughters.

Stop buying breast jobs? OK .. now he's gone entirely too far!

HOLLYWOOD CALLS ON MUSLIMS

The Council on American-Islamic Relations in Los Angeles teamed up with FOX Television to host a workshop called "Hollywood 101." The workshop and studio tour was meant to encourage Muslim writers, directors and actors to work in the entertainment industry.

It was also designed to promote a change in Hollywood's portrayal of Muslims and Arabs.

The Executive Director of CAIR in LA has figured it out ... media shapes popular culture. She he wants to changes the way that Muslims are portrayed so that Arabs will be viewed in a more "accurate and balanced" light.

Oh and the director wanted to make sure and thank FOX's Diversity Department for the workshop. Seriously.

Hmmmmm .....

Movies where nobody can be shown drinking? Nobody can eat pork? Women have to be covered? Think I'm kidding?

PHONY MUSLIM POSTERS

The campus of George Washington University is in an uproar after posters were put up around campus promoting Islamo-Fascism Awareness Week. The posters, however, were headlined: "HATE MUSLIMS? SO DO WE!!!"

You can see the poster here where it shows a diagram of a Muslim and arrows pointing to a "suicide vest," "hidden AK-47" and "peg-leg for smuggling children and heroin."

The Muslim Student Association immediately pegged the flyers to be created by a conservative group on campus. What they failed to see is the over-the-top irony written on the rest of the poster. The poster went on to mock conservative groups on campus by saying that the posters were "Brought to you by Students for Conservative-Fascism Awareness."

How did the media treat this story? Click here to find out. Clearly the media was in a mood to blame the right for these posters, and make no attempt to find out what was really going on.

And what was going on? Well, .. you saw this coming, didn't you. The posters were fake. Not only were they fake, but they were put up by a Muslim student. Don't you love seeing the media with a little egg on their face?

Let's see how quickly this story dies now.

SIMPLE SOLUTION – REBATES NOT AVAILABLE IN CALIFORNIA

The California legislature has come up with another lame-brained idea. This one has to do with those rebates you get when you buy some consumer products.

As you perhaps know, when you buy an item that has a rebate you are required to jump through quite a few hoops to get that money back. You have to cut out proof of purchase from the item, fill out a form, include a copy of the sales receipt, and send it all to an address --- then wait a few weeks – or months – before you get your money.

So .. what did the California legislature do? Well, the politicians were upset that so few people who buy these products ever jump through the hoops to get their rebates. The figure is about 40 percent. So, if the Governator signs the bill, the retailer will be responsible for making sure the rebate is delivered to the consumer.

Haven't these idiot legislators in California learned their lesson yet? Years ago these fools get their boxers in a bunch over ATM charges. They didn't like the fact that if banked at Bank A, but went to Bank B to use their ATM, Bank B would charge you. So, they passed a law outlawing those charges. Within days of that law going into effect Bank B simply said that they would no longer honor ATM cards from Bank A. Problem solved. The law was repealed in a heartbeat.

What happens if this rebate thing becomes law in California? First .. pleas realize that when a company figures the amount of a rebate they are going to offer, they take into account the fact that only about 40% of those rebates are going to be claimed. If 100% of those rebates were paid then the rebate would be much smaller. The fact is, the rebates would probably be ended altogether.

So ... look for this. If and when this idiotic law goes into effect, manufacturers will simply stop offering rebates in California.

Stand by for another repeal.

HOW CUTE IS THIS?

Claudia sent in these adorable pictures of her 6th grade son Chandler portraying Neal at The Walker School's Seventh Annual Wax Museum of Current and Historical Characters.

REDNECK SCRAP BOOK

Hey, how about some catfish for dinner? More in the Redneck Scrap Book.

READING ASSIGNMENTS

Hey Atlanta Listeners...Win A $10,000 Shopping Spree! Here's How to Enter - and to Win a $1000 NYC Shopping Spree with Clark Howard One $1000 winner will be UPGRADED to the $10,000 Grand Prize NYC Shopping Spree with Clark! Thursday, October 11 at 7:15 you could win $5,000!

Dan Bartlett, former Bush adviser, gives his analysis on the current GOP candidates. Bartlett calls Fred Thompson the "biggest dud." Ouch.

Did Fred Thompson pass the test in yesterday's debate? Yes, they had a debate with the Republican candidates yesterday. You didn't know?

Prime Minister Gordon Brown just announced that 1,000 troops would be pulled out of Iraq by Christmas. Now he just announced that British troops in Iraq are set to be withdrawn completely by the end of next year.

Democrats are pulling out of the Michigan primary in a sign of solidarity with the Democratic National Committee, which only designates four "early voting states" (Michigan is not one of them). Hillary Clinton will not be pulling out. Yes ... there are some great lines here, but I'll just be a gentleman.

The federal government wants to spend $40 billion to buy 17,000 homes along the Mississippi coast. You just know this is going to be a huge scam.

Dick Morris tells us just why the Democrats are so determined to make sure that Hillary is their candidate.

Former Mexican President Vicente Fox says that there is a government plan to create the amero, a regional currency to be shared with the US, Canada and Mexico.

John McCain says that it is the government's job to help unemployed workers get the education and training they need for new jobs.

This writer argues that there is no longer such thing as "black America."

Have you noticed how Democratic presidential candidates have shied away from Iraq? That's because they know that they can't win on that issue ... again.

Some Representatives are upset because the U.S. Capitol's architect won't let the word "God" appear on certificates of authenticity that come with flags flown over the Capitol.

Yesterday the Supreme Court refused to hear a case involving a German man who says he was wrongly abducted by the CIA.

A lesbian couple that was married in Massachusetts now wants to get a divorce in Rhode Island. Don't you just adore a good love story?

French President Nicolas Sarkozy's speechwriter is being called racist for writing a speech in which he says that Africa is to blame for their continent's problems. Mon Dieu! Didn't this guy know that you can't blame Africans for anything that happens in Africa?

Australia is in the process of banning plasma screen TVs in order to meet mandatory energy requirements.

An international soccer player originally from Iran refuses to play a game in Israel for "personal reasons." The President of the German Football Association says that it is unacceptable for a player to refuse to play because of his views on world politics.

This Muslim Israeli man has 67 children, and he is proud because he can remember all of their names!

I could have told you this one. Apparently, chimpanzees are more rational than human beings.

Taco Bell is opening up ... in Mexico! They will have a menu that is more "American" including French fries topped with Mexican toppings. On a side note .. .did you know that there is a Benihana's of Tokyo in ... Tokyo? What do they call it there? Benihana's of New York.

So, George Clooney goes to a hospital ... and the nurses just can't wait to get into his medical records to get the real scoop! Didn't they know they were committing a federal crime?

Remember the classic Chevy that Neal donated to Care-A-Thon last year? It has been donated again and is up for raffle. Find out more here.

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