Friday, October 10, 2008
AFTERTHOUGHT! | CUTTING TAXES FOR PEOPLE WHO DON'T PAY TAXES. Do you really want to know how in the world Barack Obama is going to cut taxes on 95% of Americans when 45% of these Americans don't pay income taxes in the first place? You should already know the answer to this question ... but if you've been listening to too much sports talk radio, here you go. It's very simple. Obama will just pass a series of new tax credits for the Americans. Tax credits --- sounds pretty good, doesn't it? Those tax credits will lower taxes for just about everyone! Well ... there are a few things you need to know about these so-called credits. First ... these tax credits will not be available to the evil high income earners who we rely on to create the new jobs that will help our economy grow. The tax credits are only for people who might be likely to vote democrat. Secondly ... they're not just tax credits, they're "refundable" tax credits. In other words, they're a fraud. As we know, about 45% of Americans don't pay income taxes. A tax credit is not useful to someone who owes no income taxes ... unless, that is, it is a "refundable" credit. Now what does that mean? It means that if you do not make enough to pay income taxes, the government will simply write you a check equal to the amount of the credit you can't use! Do you know what we used to call this? Welfare, that's what. Barack Obama's promise of a tax cut for 95% of Americans is really nothing less than a promise of a new welfare income redistribution program. BUSH'S REMARKS THIS MORNING All I can say is that his remarks were boring and lacked any passion at all. I cannot imagine anyone being bolstered by that drab presentation. Sorry ... but when Bush came out with his bailout plan that gave absolute power to his Treasury Secretary I lost respect for his presidency. We need some stirring rhetoric now ... not dull, unimaginative speeches. OBAMA AND ACORN So now it turns that the Obama campaign is going to have to revise a filing to the Federal Elections Commission saying that they did, in fact, hire a subsidiary of ACORN to do some campaign work. Another lie bites the dust. AND AYERS And speaking of lies: Now Barack Obama admits that he did know about Bill Ayers, but assumed he had been rehabilitated. Oh. I feel so much better now. Perhaps Bin Laden has also been rehabbed. |
NEAL ON TV Catch Neal on Fox & Friends on the Fox News Channel Monday, October 13th around 6:40am ET. Neal heads back over to Fox News studios to be on Geraldo's show at 10pm ET as part of a panel.  THE AUDACITY OF ARROGANCE
The Washington Times is reporting today that The Chosen One, while in Iraq, actually tried to negotiate with the Iraqi leaders in an effort to affect their relationship and ongoing negotiations with President Bush. We have a sitting president conducting a way ... an unpopular war, but a war nonetheless ... and then a presidential candidate tries to involve himself in those negotiations, not through the White House, but through the foreign leader. Now I know those of you who are gunched up in Obama celebrity worship will see nothing wrong with this. And that, my friends, is part of the problem. Here's your story. HARRY REID PLAYS THE RACE CARD Senator Harry Reid isn't appreciating any attempts to explain the truth about the mortgage crisis ... that is was Democrat policies that got us into this mess. On a talk radio show, Reid was asked about Franklin Raines and others who have advised Barack Obama on economic policy. Here's the quote: "[Franklin] Raines, who you're talking about, worked for Fannie Mae, was there for a while. The only connection that people could bring up about Raines and Barack Obama is they both are African-American, other than that there is nothing."
Isn't this getting just a bit tiring ... even for your Obama supporters? You say Obama is skinny, you're a racist. Call him a former community organizer; you're a racist. Mention a controversial figure associated with Obama who happens to be black; you're a racist. Complain about subprime mortgages; you're a racist. We're going to have to put up with this nonsense for four years, my friends. Obama will be surrounded by a retinue of race pimps who will scream racism every single time someone not black criticizes anything Obama says or does. I'm tellin' ya .. it's gonna get real tiring. AND SPEAKING OF THE SUBPRIME MESS ... McCain says that he would investigate those who are responsible for the mortgage crisis, and he specifically named Barney Frank and Chris Dodd. A quick question ... have you heard any Democrats be able to come up with a reason why they aren't to blame for this subprime mortgage meltdown? Bill Clinton has been the only Democrat I've heard thus far come forward and say that policies during his administration may have aided the crisis. Nancy Pelosi? The Democrats are absolutely not to blame. The Obama campaign? This is just a repercussion of the failed Bush policies of the last eight years. That is all the Democrats can come up with. And this is where the mainstream media will leave it. To tell the truth, after all, would be to hurt the Democrats and The Messiah's chances of moving into 1600 Pennsylvania Avenue. That must not be allowed to happen. IS THIS WHY SALES OF THE FAIRTAX BOOK HAVE SPIKED?  Several listeners alerted me to this bit that appeared on Kiplinger.com written by Knight Kiplinger, the editor of the Kiplinger Personal Finance magazine. In the article Kiplinger is proposing fixes for some of our current financial problems. This section dealt with tax reform:
Reform the tax code. The best thing Washington could do to supercharge private savings would be to tax consumption rather than income. The Byzantine U.S. tax code (all 60,000 pages of it) should be scrapped. All present federal taxes -- on personal and corporate income, capital gains, estates, even payroll taxes (FICA) -- should be gradually replaced by a new, national consumer sales tax, collected by the states at the point of purchase and forwarded to Washington. At every income level, big spenders would pay a lot of taxes, super savers much less. Poor people would get all their sales taxes rebated. (For more information on one version of a consumption tax, visit www.fairtax.org.)
There is absolutely no doubt that enactment of the FairTax would be the greatest boost to the American economy in our lifetimes. As I've said, the problem here is that (1) The FairTax act was introduced by a Republican; and, (2) it would constitute the most massive transfer of power from the government back to the people in the history of our Republic. The thinking in Washington is that our economic problems can only be solved through the enhancement of government power. ILLEGALS AND THE MORTGAGE CRISIS  The mainstream media has yet to report this figure ... so here we go. The U.S. Department of Housing and Urban Development reports that five million fraudulent home mortgages are in the hands of illegal aliens. As of right now, it is not known how many of these mortgages have contributed to the subprime mortgage meltdown.
But here's some history to consider. We know for a fact that there are states out there, like California, that knowingly allow illegal immigrants to buy homes. Guess who you can thank for that aiding that little scheme? ACORN. Yes, ACORN. Barack Obama's very favorite ... Take a look at this story from November of 2005. Here's how it begins: "For many, it's the American dream: owning a home. With the recent spike in housing costs, it's become more difficult for many Valley families to qualify for a home loan. But some local banks are giving out loans, and they don't even require a social security number." Isn't that amazing?! No Social Security number. That would be code for "making a loan to an illegal alien." What they actually end up using are Individual Taxpayer Identification Number, or I-TIN, to secure these mortgages. While these numbers are supposed to be for foreign-born residents who live legally in the United States, it is common knowledge that these numbers are used primarily by illegal aliens. Moving right along ... the article tells a little story about David the illegal immigrant. When David, a criminal, wanted to get a home, who did he go to for help? ACORN. The article says, "The Valley non-profit group Acorn is helping people like David. They set him up with Citibank in Fresno, where a social security number is not required." Back in 2005, it was estimated that there were 250,000 illegal immigrants in the US who make enough money to be eligible for a home loan. Now HUD is estimating that there are 20 times that amount who currently have mortgages? Those 250,000 were estimated to be worth about $60 billion in potential mortgages. If there are 5 million illegal aliens currently holding fraudulent mortgages, imagine how many billions we are talking.
We're looking at just another reason we are in this position to begin with. Somewhere along the way, people began adding things to our Constitution that DO NOT EXIST. For example, "the right to own a piece of the American dream." David, the illegal immigrant, says "I work hard like any other citizen and I try to live just like a normal citizen. And I have everything, I think I still have my rights." Now to show you what a fair and balanced kinda guy I am, I will point you to this statistic. Illegal immigrants who do own homes have a lower rate of delinquency than legal US citizens. This is based on foreclosure rates of people who use Social Security numbers to buy a home compared to the Taxpayer Identification Number. Just something to consider ... WEALTH ENVY For the past couple of days, you've heard me discuss on the air the AIG subsidiaries that paid for independent agents to attend these banquets or seminars or whatever they are calling them nowadays. The world has been outraged because AIG was recently bailed out by the taxpayers, and it is poised for another one. I, however, am not because these events were for independent agents -- the very people who should be supported because they are the ones that bring in business. These aren't the same CEOs that failed, big time, these are the people who are going to save this company. Not to mention the fact that the event had already been paid for and the money would have gone to waste.Well it seems that Great Britain now has its own version of the story. Let's just start with the title: "Fatcat Barclays bankers jet off to Italy for lavish £500,000 banquet as country faces up to financial crisis." What are some things that we learn from this headline? First we notice that the company spending the money to send its bankers on a trip is called Barclays Wealth. Then we learn that these bankers are "fatcats." Then we learn that their trip is considered "lavish." Finally we come to the conclusion that Great Britain is in a financial crisis. A few things to consider... Barclays Wealth is a private company. If it wants to spend $1 million to have the bankers' shoes shined, that's their choice. The company chooses to give its bankers these trips and banquets because it ultimately makes them more money. Oh wait, making money is evil. Never mind. So, what is really going on here? Wealth envy. That's exactly what it is, folks. Take a look at the words used to report the story: "fatcat," "wined and dined," "luxury," "exclusive." Even the people quoted in the story spew nothing but wealth envy jealousy: "Hard-working Brits face losing their homes, but it seems these bankers don't care as long as they can sip Chianti in Italy. The cost will be huge - talk about feasting while Rome burns."
Or here's another one (my favorite part is the "shameless display of extreme wealth"): "They were lapping up five-star luxury and talking of their party night in Monte Carlo as if the banking industry was in rude health. It was a totally shameless display of extreme wealth at a time when millions back at home are struggling with debts. While youngsters can't get mortgages and financial institutions are on the brink of bankruptcy, these overpaid bankers seemed not to have a care in the world."
READING ASSIGNMENTS Here's the article Neal read on the air. It's a great rendition of Obama as president waving his magic wand. Well, folks, it's official ... Louis Farrakhan has declared Barack Obama to be the Messiah. He's late. We declared that some time ago. Despite the financial crisis, the United States is still ranked #1 on the global competitiveness index. The Bush administration is getting ready to make the transition to the next president ... Barack Obama. Barack Obama is the first presidential candidate ever to hire ACORN to do get out the vote activities for a campaign. I'll give you one guess as to which candidate has benefited from new voter registration by a 4-to-1 margin. OPEC is going to hold an "extraordinary meeting" a few weeks after our presidential election to talk about the global financial crisis. Reason Magazine explores why the bailout isn't working from a Libertarian point of view. A victim of Bill Ayers' Weather Underground is speaking up, saying that Barack Obama should have known better than to associate with Ayers. A volunteer from the Barack Obama campaign calls to ask a woman to support Obama. The woman says no and explains why she doesn't support him. Then she gets a visit from the Secret Service. A Sheriff in Florida is being investigated for violating the law because he spoke at a rally for Sarah Palin. Oh and did I happen to mention that he referred to the Chosen One as Barack Hussein Obama? Here's another article for you wealth envy types ... there's a $34,000 a night hotel room in New York City. These are the people that don't pay their fair share, right? An unemployed mother-of-seven is living in a $2.4 million home ... paid for by the taxpayers?? It's Great Britain. And one more asinine story from Great Britain ... a gardener was ordered to take down a barbed wire fence because intruders might hurt themselves. This is government. Today's timewaster: Boys & Girls - A short book about choosing if and when to have sex. Possibly not safe for work if your co-workers know what "shag" means. McCain-Palin supporters captured on video outside of a rally in Strongville, OH. | 
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