Category Archives: Business

Soak The Rich? How About ‘Drench Almost Every American Family’

Barack Obama, Business, Capitalism, Economy, Taxation

Most Americans own shares in major American companies, often through pension funds. “According to the Investment Company Institute,” reports the WSJ, “about 51% of adults own stock directly or through mutual funds, which is more than 100 million shareholders.” However, come 2013, the malevolent freak who inhabits the White House intends to “triple the tax rate on corporate dividends,” hurting these Americans (most of us). The “new dividend tax rate in 2013 would be 44.8%—nearly three times today’s 15% rate.”

…retirees and near-retirees who depend on dividend income would be hit especially hard. Almost three of four dividend payments go to those over the age of 55, and more than half go to those older than 65, according to IRS data. But all American shareholders would lose. Higher dividend and capital gains taxes make stocks less valuable.

Statism Second Nature to Newt

Business, Elections, Free Markets, Gender, Judaism & Jews, Pop-Culture, The State, Welfare

Rudderless and clueless: That’s Newt Gingrich. First he got fired up over the fact of firing in the private sector, attacking “Mitt Romney for what are the prerogatives of private property and the fiduciary duty of a CEO managing private property to fire workers when necessary.”

Now Newt is raging against Romney’s decision, taken in 2003, to veto “a $600,000 expenditure while he was Massachusetts governor that would have paid for kosher meals for seniors in nursing homes on Medicaid, the New York Post reported last week.”

In Gingrich we have someone who professes to champion limited, constitutional government. At the same time, he attacks his opponent because of that opponent’s failure to approve a welfare program. Newt’s attacks, moreover, are almost intuitive and without second thought.

This tells you how foreign the idea of limited government is to Newt Gingrich.

Statism is second nature to Newt.

Other than that, Gingrich happens to be a particularly smug gas bag.

While Romney should not be upbraided for refusing to fleece taxpayers for a special constituency, Romney’s background is replete with similar unkosher statist instincts. For example, “a decision Romney made in 2005 that said all hospitals in the state were required to provide the Plan B birth control pill under Medicaid. At the time, Romney said the decision was made based on legal advice from a state attorney, according to Globe coverage of the issue.”

Although, the above does sound like a legal decision, driven perhaps by fears of courts challenges and law-suits.

It’s possible that Mitt was mortified at the likely possibility that Massachusetts women would “spontaneously” “contract” Tourettes and other twitches should the state deign to deprive them of their God-given right to contraceptives.

UPDATED: Bitch Pitch (Orgasmic Oracles)

Business, Capitalism, Elections, General, Left-Liberalism And Progressivisim, Media, Taxation

In anticipation of their president’s performance tonight, the pitches for BHO coming from likes of CNN’s Suzanne Malveaux and her colleague Jessica Yellin reached a crescendo today. Yellin was yelling about her man’s achievements, no less. After all, the economy looks good through the eyes of a sinecured CNN, left-liberal correspondent.

Malveaux sought out a professor who was able to smuggle into his conversation about problem solving a word about different presidential cognitive styles. Hint: Obama, aka “You Can’t Fix Stupid,” was “professorial,” deliberate, thoughtful. Bush, an equal-offender moron, was an impetuous Decider.

Malveaux set the scene for questioning a tax expert about Mitt’s money by framing the discussion thus: “He [Romney] hasn’t done anything illegal, has he?”, the link between having money and criminality having been established.

To be charitable, these bimbos are so dim, they operate hormonally, on a subconscious level. They know not what they do, although forgive them you should not.

UPDATE: Just heard Jessica (I don’t watch CNN, John; I listen to it while doing chores). Made a point of not watching her act all in heat. What has excited Yellin so? The president is going to present a “vision” for the nation, she tells us. He will pose a question [to the same stupid people who cannot read his previous, almost-identical SOTU]: What kind of America do you want? One in which rich people [many of whom were once poor] rob the poor, or one in which each has a fair shot? Here Jess cracked a greedy, goulash smile, for (and I’m paraphrasing), as she added, while prez will not point fingers, you will KNOW exactly to whom he is referring.

Captain Coward Will Pay

Barack Obama, Bush, Business, Crime, Ethics, Europe, Government, Morality

How does a subhuman like Francesco Schettino get a job ferrying 4000 people across the seas? It could be worse. Someone of George Bush’s ilk or Barack Obama’s caliber could—and did—get the endorsement of millions to shepherd them into war and economic ruin. Not once, but twice in Bush’s case. So, in counting the sick-making ways of the Captain who capsized the Costa Concordia off the Tuscan coast—causing the death of five, so far (least 15 people are still missing, including two Americans)—remember this: Schettino will be punished. Bush, Obama and their progeny will be pampered and paraded around with pride for the rest of their sorry lives. Back to Costa Concordia:

The dumb-as-a-rock captain blames a rock that was not supposed to be there.

Schettino insisted he was twice as far out and said the ship ran aground because the rocks weren’t marked on his nautical charts. “We were navigating approximately 300 meters (yards) from the rocks,” he told Mediaset television. “There shouldn’t have been such a rock. On the nautical chart it indicated that there was water deep below.”

What sickens me is that this excuse for a captain concedes to “maneuvering the ship in ‘touristic navigation,” a mere 300 meters from the shore, “implying a route that was a deviation from the norm and designed to entertain the tourists.”

Costa captains have occasionally steered the ship near port and sounded the siren in a special salute … Such a nautical “fly-by” was staged last August, prompting the town’s mayor to send a note of thanks to the commander for the treat it provided tourists who flock to the island, local news portal GiglioNews.it reported.

Schettino had been paid by the passengers of the Costa Concordia. Yet he was attempting to entertain and impress spectators at the cost of those who had trusted him with their lives, and had paid him too.

Not having a sense of who your asset is; where your financial/fiduciary loyalty/interests belong; who you should treat well because your endeavor depends on him: this is a phenomenon I’ve encountered a lot.

Also clear from the reports is that “the captain abandoned the stricken liner before all the passengers had escaped. According to the Italian navigation code, a captain who abandons a ship in danger can face up to 12 years in prison.”

A French couple who boarded the Concordia in Marseille, Ophelie Gondelle and David Du Pays, told the Associated Press they saw the captain in a lifeboat, covered by a blanket, well before all the passengers were off the ship.

This is not the first time that a captain of one of these floating cities jumped ship first.