Relevant "Quotes Of The Day"

In the course of human events there are times when each of us experiences self doubt and ones thought processes come to a screeching halt. Today when attempting my latest in a long line of incredibly overdue blog posts, I was planning on penning my own opinionated tome on the current public debate on health care "reform" being proposed by Comrade Obama. Unfortunately the incessant monotonies of life crashed in on me and squashed any hope of creating an intelligently written post on the subject. In response to this failure I chose the most rational direction to proceed. That direction was to the dreaded "Quote of the Day". I must say, however that these quotes are especially relevant to the current political climate of the country.

I contend that for a nation to try to tax itself into prosperity is like
A man standing in a bucket and trying to lift himself up by the handle.
-- Winston Churchill

Suppose you were an idiot. And suppose you were a member of Congress. But
Then I repeat myself..
-- Mark Twain

Giving money and power to government is like giving whiskey and car keys
To teenage boys.
-- P.J. O'Rourke, Civil Libertarian

Government's view of the economy could be summed up in a few short
Phrases: If it moves, tax it. If it keeps moving, regulate it. And if it
Stops moving, subsidize it.
-- Ronald Reagan (1986)

If you think health care is expensive now, wait until you see what it
Costs when it's free!
-- P.J. O'Rourke

No man's life, liberty, or property is safe while the legislature is in
Session.
-- Mark Twain (1866)

The ultimate result of shielding men from the effects of folly is to
Fill the world with fools.
-- Herbert Spencer, English Philosopher (1820-1903)

What this country needs are more unemployed politicians.
-- Edward Langley, Artist (1928-1995)

AND LASTLY...
A government big enough to give you everything you want, is strong
Enough to take everything you have.
-- Thomas Jefferson

How The Obama Tax Structure Works

A analogy courtesy of Stewie and Brian -

Senator Obama's Four Tax Increases for People Earning Under $250k

Incredibly easy to understand article about the proposed Obama tax increases and the subsequent lies about those making under $250,000 a year not getting a tax hike. I have not read or heard a better description of the Obama obfuscation and outright lying regarding his tax policies.

Click the post title to read the full story.

Quote of the Day - "Senator Government"

It could be classified as a "gaffe" for Senator McCain in last nights debate but I see it literally as a Freudian slip. He was responding to one of Obama's acusations and he referred to him as Senator Government instead of Senator Obama. He is as he's being described. He wants government to take over the healthcare industry (boy, that would work really well!) and create a Nanny State where all American's could nurse at the federal government teat. He wants the sheeple to rely on government for all of their wants and needs because government knows best. Obama mocked McCain's healthcare plan saying healthcare costs are on average $12,000 a year and McCain will only be giving a tax credit of $5,000 towards that. Obama wants to foot the healthcare bill for everyone while giving 95% of the people a tax cut. What drug is he still smoking?? How are 95% of American's going to get a tax cut if 40% of Americans DON'T PAY ANY TAXES! Here's how...those 40% of Americans who don't pay taxes will receive a check, courtesy of the 60% of Americans who DO PAY TAXES!! Tell me that's not socialism and the redistribution of wealth. We don't pay taxes to fund a Marxist charity program, we pay them to fund the military, protect our borders and provide specific needed services (police, fire, etc).

It's All In The Accounting

I've been hearing more and more about how the impending "bailout" could be avoided by simply changing some of the regulatory language for the industry. Currently they are under Mark to Market rules (warning - possibility of article induced dizzyness after reading linked Wikipedia page). This article from the L.A. Times has more of a laymen's description. This one from the Phoenix Business Journal has detail about the current (Tuesday 9/29/08) talk of easing the mark to market rule. The Times Online piece has some good historical background on the current situation.

It seems to me (IMH-uneducated-O), that if this bailout can be accomplished without costing taxpayers a trillion dollars, that should be the course to take.