by Joseph J Kusnell published in BoomerYearbook.com

Obama has done it again. I hear today how the new law which went into effect today curtailing the credit card company’s treatment of users is a great boon to the American consumer. lol. But is it really? Or just another underhanded way of redistributing America’s wealth. I wrote this to Fox News today following a spot they aired:

A FEW IDEAS TO AID OUR FLOUNDERING ECONOMY

By Joseph J Kusnell for Boomeryearbook.com

A bad idea: This economy has lots of very serious problems that may never be resolved. But the idea that a business is going to go hire someone for $104,000.00 who has been unemployed for 60 days all so they can get a $5,000 credit from the government is asinine. They simply will not spend $104,000 to get $5,000.00. If their business warrants adding someone at the high rate, they will do so with or without a tax credit. If it does not, they will not. Someone in Washington isn’t too bright.

Our problems seem to be magnifying daily. It’s now beyond special interest payoffs. It’s beyond politics. It’s beyond taking care of your support base or even your campaign contributors. It’s now about our future as a nation and the future of our children. In all my 80 years, this is the worst mess I have ever seen. And it’s not over yet, not even close. Soon, another explosion in real estate will hit us, this time commercial real estate like shopping malls. Their ARM’s are coming due. When that hits us this Spring, it will cause still another blow to our ailing economy.

We have a lot of problems. Nevertheless, here are a few ideas which might help.

1. Continue unemployment compensation until the unemployment rate gets down to 6.5% but introduce legislation to allow individuals to take jobs for less money and then if their new wage produces less income than what they were getting in their workman’s comp check, issue them a check for the difference. This would go on for three years to give workers a chance to adjust to lower paying jobs and perhaps earn an increase. It will also reduce government payments by up to 75% for each worker affected and that is a tremendous saving.

2. Re-introduce the old “Schedule-G” type IRS allowance for income averaging going back three calendar years for businesses and the last three years of employment for individuals. For individuals, if their average income for the last three years of employment is greater than the current year, the difference will be subtracted from the current year’s AGI. This is directed at those who have lost their jobs and had to take new jobs for less money. It will help them over the adjustment period.

3. Establish a 4.5% national cap rate on mortgages immediately. This cap on mortgage interest rates will remain in effect for five years and will be for all mortgages whether new purchases or refinanced mortgages. This will help the real estate market for home sales while helping to prevent more foreclosures by lowing carrying charges. It will also have the effect of revitalizing the economy permanently because refinancing puts more money into the economy on a monthly recurring basis unlike one time spending from a stimulus check.

4. Speaking of a stimulus, let’s have one more for $600.00 per family. BUT – and this is a big but – it will not be cash. This will be in the form of a purchase VOUCHER. The voucher will have a 120 day expiration date and will be transferable (we don’t care). However, the vouchers can only be used for the purchase of LOCAL services and/or the purchase of durable goods that are manufactured in the United States. (Not “Made in America” because that includes Canada and Mexico.)

5. GAMBLING. Hundreds of billions of dollars are now being spent in Casinos around the country and that money is ruining local businesses everywhere. They say “oh yes, but look at all the people we employ”. That’s true but it would be well to remember taking billions out of local economies and from small businesses causes lost jobs in those businesses. Usually a lot more than are hired by Casinos. Here is an example. Philadelphia Park has renovated its Casino and is now taking in millions a DAY. At five million a day, they will take in 1.8 billion dollars a year. Yes the Casino hires 600 people a good part of that money is coming from local communities. If you spread that 1.8 billion over a thousand local businesses, each one would get 1.8 million and with that increase in business they would hired in the aggregate far more than 600 people. Plus the businesses would then have to restock what they sold and that generates orders, and that in turn generates more employment by their suppliers. So the Casinos hurt not just the local community but the extended local community creating blighted areas wherever they show up. So it’s time to ask ourselves what kind of society we want to be. Once we limited Casinos to remote locales where people vacationed. That was much better than what our shortsighted states are doing now in their misdirected quest for tax money. You see folks, no matter where that 1.8 billion was spent, it would generate tax money one way or the other. This was a mistake. You can’t build a healthy society with Casinos on damn near every street corner (and yes, I do gamble).

6. Online Shopping: This is another attack on our society. With no need to maintain fancy stores in local neighborhoods, online marketers can offer products cheaper. We buy them and local businesses have to shut down for lack of business. Jobs are lost locally and society suffers. Our downtown areas become more and more blighted. You know, angry people with too much time on their hands are dangerous. Keeping people working in their localities is a sure way to keep the peace. Having an orderly society is equally important. Making money should not always be government’s number one priority. So what do we do. It’s like competing with cheap foreign labor only the competition is right here in our own country – usually. I say increase the tax on profits from online marketers to level the playing field. We need to reinforce our communities. When communities collapse, nations collapse. Online businesses take money and jobs from the local communities leaving us with empty deserted blighted downtown areas. If we are a society and not just a bunch of moneymakers, we need our local communities and we need our local businesses and we should take care of those who run businesses in our local communities and not be so generous with out-of-town online marketers.

7. The world is shrinking. We can’t stop that. But it is also causing us a giant problem: we have to compete with cheap foreign labor and nations that have no environmental laws, no health insurance mandates, no unemployment insurances and no labor laws. All these regulations tend to increase business costs so the lack of them decreases costs and that allows them to lower their prices and undercut our businesses that are faced with all those costs. So what do we do? About all we can do is find ways to help our companies out. So here are some ideas that might be of help.

8. Reduce corporation taxes based on the number of workers employed in the United States as a
percentage of this company’s worldwide employment. The more Americans you employ here, the less tax you pay.

9. Immediately transfer 3 billion dollars from the unspent stimulus money to the SBA for DIRECT loans to small businesses for startup or expansion. This is NOT to be a minority welfare handout, this is to be a sound business program lending money to entrepreneurs with going businesses or business experience married to a sound business proposal. I repeat: this is not to be another welfare program handout.

10. Encourage Americans to buy products manufactured in America wherever possible. Public service ads
explaining why they should might help.

11. Increase the minimum wage by $1.25 / hour.

11. Barring a major change in health care costs, grant a $1.50 deduction to companies for each $1.00 in health care costs paid for their employees.

ABORTION:

Abortion divides Americans. So here’s an idea. Let us take the profit out of abortions by making abortions unprofitable. Just set a price for abortions to cover all COSTS but nothing else. Make abortion clinics all non-profit. After all, why should anyone make money out of destroying the unborn? Making abortions a “product’ simply encourages more “sales” [sic: more abortions]. So, let’s take the profit out of abortions and then we’ll see whether this fuss is truly about a woman’s right to choose or simply about making money.

ENERGY: This is as dumb a policy as we have had for years. We send money to places near and far to buy their oil even though we have lots of our own oil including off shore and shale. But because of some convoluted reasoning, we would rather buy it from others who drill for it wherever the can find it without any regard to so called environmental problems rather than drill for our own WITH said safeguards. Then we turn around and lend them billions of dollars to help them drill for oil offshore (PETROBRAS, a Brazilian Company that drills OFFSHORE down there got two billion. I think Soros had a lot of shares in that company and that might explain it). Anyway, it seems we only care about the environment in our own country and not in other countries. Somehow I get the feeling it’s another scam. So let’s drill for our own oil wherever we find it. And develop our clean coal resources and our natural gas resources. The C02 scam is about over and these resources are plentiful in the United States. The fact is we haven’t even explored for 30 years so newly developed technology might uncover even more oil reserves that we thought we had. And there is always shale oil. We should have started this yesterday.

GOVERNMENT vs THE PRIVATE SECTOR: The workers doing the best these days are government workers. They make twice as much money on average as the people who pay them – the taxpayers – and they have better health insurance and better pensions. Plus they actually produce 1.8 hours less a day than their civilian counterparts.

There is a reason that of the 10% of American workers that are unionized, 70% work for non-profits (that’s a joke) or for the Government. Can you tell me who represents we taxpayers in wage negotiations between government Managers and government workers? Both are using OUR money so where is our seat at the table and where is the incentive to increase productivity or lower payroll and install cost cutting measures on the part of all these government workers?

The more people that we put to work in government in America, the more certain we are of failure. The sector that pays the bills should be the biggest by far and the sector that spends the money that creates the bills, needs to be as small as possible. So why are you all so hell bent to increase the size of the spenders (government) at the expense of those that produce (private sector). Can you show me any country in the world that ever prospered with that philosophy?

It is past time to stop spending money like drunken sailors. We need to cut the size of government not expand it. We need to reduce payrolls in government. We need to cut back down time and increase productivity. And we need to bring their benefits into line with what workers get in the private sector doing the same kind of work. Government is not SUPERIOR to the private sector it is INFERIOR. That’s why the private sector far out produces the public.

Working for the government is a great job. My friend has been working for a State government for 22 years now. He makes $100,000.00 doing a job that would get him about half that much in the private sector. He has a great pension plan and wonderful health insurance. All paid for by taxpayers who are not nearly so well off as he is. And do you know what he says to me? He says, “anyone who doesn’t work for the government is a sucker!” He’s obviously right. It is time to reign in the government. We need to cut government budgets by reducing both staff and expenses by 5% a year for the next three years for starters.

We are in a real mess and it’s just getting worse. Confidence is the basic motor for an economy and that’s what we don’t have today. Our people rightfully have no confidence in the future and that’s sad. Well, other than people working for the government. They are so isolated from reality it’s not even funny. That’s because they really don’t have to worry about losing their job as the rest of us do. Sometimes I get so confused: who works for whom again?

I care about Americans and about America and I am prepared to throw anyone – ANYONE – out of office that doesn’t have the same priority that I have. Mine is SAVE AMERICA. It’s far and away the best country this world has ever seen even if half the Obama appointees don’t seem to know that.

But that doesn’t matter because they aren’t going to be around much longer anyway.

Joey

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The Great Exodus: BoomerYearbook.com

A LESSON IN WEALTH REDISTRIBUTION

By Joseph J Kusnell

This is how it works, this is how they redistribute the wealth.

First, as a government you can spend money any way you like. So if you are the current government, you give it to non-producers in order to help them which is your goal.

You can give out welfare checks or food stamps. You can give out tax rebates to people that don’t pay taxes. You can have a “Cash for Clunkers” program which is money for nothing. You can give our stimulus payments. You can buy a car company and stiff all the investors and shareholders and bondholders and IRA investors so the union members can keep their high paying jobs – the jobs they have done poorly for years. Then you can advertise all kinds of deals for these cars (GM) knowing if you operate at a loss, you can just steal more taxpayer dollars for that company. It also creates a situation where you can hurt your competition that must make a profit to exist, unlike your company. GM says buy a car if you don’t like it bring it back in 60 days. Okay, then it will be a used car and will have lost value. What happens to that lost value? That’s easy, the taxpayers pay for it. A normal company couldn’t allow this, but “Government Motors” can because this President who can’t seem to get anything right, will simply send them more taxpayer dollars. That’s because he wants to take care of his friends, his pals, his buddies, his supporters. Let’s call it what it is: political nepotism. That’s seems to fit very well.

It’s the same with not drilling for our own oil so we can then send billions of our own dollars overseas buying oil from other countries. That way we redistribute our wealth which is the whole idea. That’s the Democrats for you.

Then there is this: we just lent PETROBRAS – the Brazilian State Oil Company – billions of American dollars to help them drill offshore for oil which they can then sell to China. You need to be either as dumb as dirt or agenda-driven to think any of this makes any sense. Because it doesn’t. We give our money to Brazil so they can do offshore oil which we aren’t allowed to do in America. Make sense? How about this? George Soros founder of the ACLU, Moveon.Org, Mediamatters.com and other liberal sites, a man who gave tons of money to Obama for his election campaign, just happened to own lots of shares in PETROBRAS earlier this year. He sold it at a big profit. Then Obama lends PETROBRAS billions of our taxpayer dollars so they can find oil offshore, sell it to China, and make money and create jobs for Brazilians.

Can you explain that to me? Are you so dumb that you can’t see through this hypocrisy? They won’t let us drill for our own oil so we have to buy oil from other countries weakening us and strengthening them. Why? Because that’s what this guy said he wanted: he wanted a less rich, less strong, less robust, less influential America. He also said he want’s to put our navy under control of some international body giving up our sovereignty altogether. He believes in one world and that is a world where we are just one of many. He truly wants to change America and what he wants to change us into, isn’t pretty.

Add in Cap and Trade, a penalty system meant to punish America further for its success by making up some nonsense about C02 causing us to send our money in penalties to the UN for distribution among their own countries.

In time, we will be broke. What do governments do when they are broke? That’s, easy, they raise taxes. And who pays those increased taxes? Well, the same people that paid the prior taxes because they are the only ones that ever pay taxes.

Okay, so they pay and the cycle starts over again and it will continue until there is no one left that can pay any taxes and then everyone will be equally poor and equally broke. Then we can all live in our worker state paradise and suffer together.

That’s socialism. That’s Marxism. That’s this government, one of rampant economic insanity. In the end, no one will have anything because producers, who can’t keep some of what they earn, will stop producing and the non-producers who never did produce still won’t produce and therefore nobody will.

Have a nice day, America. You put a dunce in control of your country and you gave him the key to the bank.

Now watch and see what happens to all of us. It won’t be pretty.

Actually, it’s already begun. And this guy gets up and talks nonsense and the suckers drink it in and the attack on American and American liberty continues.

How did we let so many dumb people get in here?

Joey

http://www.blogger.com/profile/00659050837324784709
Where people come to exercise their minds:

The Cunning Plan: BoomerYearbook.com

By Joseph J Kusnell

Dear Mr. President:

Dear Mr. President:

You have lied and deceived us every step of the way since you have been in office. You are constantly running around the world I assume campaigning for the world Presidency while condemning America for everything from causing poverty to creating international tensions.

The economy is in the tank thanks to the Democratic Party and all those no-doc loans packaged as derivatives and then sold to unwary investors around the world, yet you spend more time winning friends and influencing people abroad than you do on the job. (You all should be in jail for what you did with Fannie Mae.)

You passed a huge stimulus and most of the money remains unspent. We have roads and bridges badly in need of repair and no money sent to the states to do that work which of course would make us safer and also create jobs. You are too busy trying to “fundamentally change America”. That makes me wonder sir, from what, to what would you like to change us??? From a White dominated society to a society dominated by people of color? Is that it, Mr. President? Is that your agenda?

I remember when you said if we didn’t pass the stimulus right away, unemployment might reach 8% which it would not do if we passed it. We passed that nonsense (unread) and unemployment is now at least 10.2% nationally and as high as 17.0% in some localities. And what do you say now? This is Bush’s fault. We inherited this mess from him.

No, Sir, you did not. When Bush left office unemployment was 5.8%. The Democratic Congress created this mess by insisting mortgages be given to people who could never hope to service them or to pay them. That signaled financial destruction for our system and to many of the world’s financial systems. Trillions of dollars of bad mortgages (toxic assets) tucked inside investor derivatives totally unknown to the buyers who believed Fannie Mae mortgages were still as secure as they had been historically. But they weren’t thanks to you and your Democratic colleagues.

So now I have a suggestion: instead of blaming someone else as you have been doing and getting away with, its time to look in a mirror. This is YOUR depression and you were responsible for us getting into it and now you are responsible for getting us out of it. Not with handouts. Not with free money we can’t possible pay for, but with JOBS. With ideas that stimulate our ECONOMY.

Stay the hell home and DO SOMETHING!

What? I’ll tell you what.

(1) Take some of that unspent money and transfer a few billions to the SBA for direct loans to small businesses. NOT minorites which is your strong suit. To businessmen and businesswomen that qualify for direct loans. Put money into startups and expansion. Just do it with the SBA rather than the banks and do it directly but be smart about it. Make them business loans not handouts to your priviliedged few.

(2) With that done, pass some legislation. Here are some examples: (a) increase deductions by 50% for all money paid by employers for health care costs (b) reduce corporate taxes indexed to the number of Americans hired in the United States by these corporations. The more Americans they employ, the better the tax breaks. After all, Sir, American labor costs more so we have to help our companies afford us. (c) reduce or eliminate taxes on capital gains. That money becomes investment money and that’s what we need now. (4) Release some of that stimulus money for bridge and road repairs just like you said you would and keep minority programs separate from job creation. One is our economic problem which affects us all, the other is a social problem. We can solve the second better if we solve the first now.

You see Mr. President, your Marxists friends never did understand this but worker’s republics around the world all fail. China was failing before it decided to open up its citizens to a form of capitalism. That’s because their Marxist economy failed so miserably. When China wised up, things began to improve. And you want to take us back to that failed system?

Freedom works. Competition works. Capitalism works. Our private sector works. Sure we need controls and limits but we set them and then we let our American entrepreneus loose and they will solve our problems. Certainly not you and not the Democratic Marxist Socialist bunch of morons you put in to office half of whom belong in jail. And certainly not the US Government which couldn’t run a charity bazzar successfully. Check out the government’s history: Hud, Fannie Mae, Freedie Mac, The Post Office, Amtrak, Medicare, Social Security, Medicaid – they are all trillions of dollars in debt! Badly run, poorly supervised, and totally inefficient. It nobody’s fault because entities as big as our Federal Government basically are out of control what with duplications, mistakes, graft and corruption and political payoffs. How could it possible suceed in running a business? Answer: It can’t.

Come home, stay home, and do your job. The health care problem can be resolve far more easily and cheaply by setting some rules and then letter it alone. Everyone can be covered with insurance because everyone today is getting health care one way or the other. NONE of them are just dying in the streets as your lying Czars keep telling us.

Wise up. If you want to destroy America, we are going to destroy you. IF you want to make us a stupid Socialist state like your friends at SEIU want, we will throw you out of office!

God knows I could do a better job running this country, saving America, and putting our people back to work than you are doing. And maybe if you would get away from your rendition of Black reparations (Hawaii???) and concentrate on the other 66% of Americans, maybe you can actually do something good for your country.

It IS your country, isn’t it Mr President?
You were elected to work for us. How about coming home, staying home, and doing just that: working for US. For all of us.

JOBS – JOBS – JOBS. That is the key to ending this depression. And get off helping big corporations, big banks, big labor unions, big associations like the NEW and Trial Lawyers and Unions – you belong to US, not to THEM!!!

Get it? Get it!!!!!!!!!!!

My God what have we done!

Joey

Read-Reason-React. It’s your world too.

http://www.blogger.com/profile/00659050837324784709
Where people come to exercise their minds:

Boomeryearbook.com: Terrorism gets a new name

by Joseph J Kusnell

Article:

We don’t use the word “terrorist” anymore because according to our President, we don’t want to upset the “peaceful” Muslims? Is that the reason or is it because our President has extended Muslim family ties and he is more kindly deposed towards Muslims than are the rest of us?

It doesn’t matter. The majority of Muslims may be peaceful but they are not the danger and if they are silent, then they are part of the problem.

The Revolutionary War was supported by fewer than 1/3 of Americans. Half of the country supported England and 25% were woodmen who didn’t concern themselves with their government or its activities. The minority went to war, fought the war, and earned the victory.

Fidel Castro had about 5,000 supporters in the mountains of Cuba when he initiated his revolution. They were a minority. The majority never was involved. .

Minorities can be very dangerous. The Nazi party was an minority in Germany in the early thirties. The majority had nothing to do with or say about them. Even today if you ask, most Germans they will tell you the majority of Germans were never Nazi’s. Yet the Nazi’s started a war that ended up destroying Germany and killing millions.

My point is that violent minorities often control passive majorities. So when you hear most Muslims are not suicide bombers, so what? Go to any Mosque and most of the people there are not fanatics but the fanatics will do the talking and the others will shut up out of fear. The London Mosques are filled with radicals running the show and the majority is as silent as it is “peaceful”.

Two years ago, a poll was conducted in England. English Muslim citizens were asked if they had to choose between their country (England) and their religion (Islam), which would they choose? Over 80% said their religion. We need to make sure Americans know about that poll and understand what it says about Muslims, good and bad.

The “good” Muslims are not going out on the limb against their religion to save us. You can bet on that. We need to save ourselves.

There are a billion Muslims in the world and maybe 20-40 thousand of them are directly involved with el Queda. And unknown number of others support them. Fine. So if the peaceful majority wants to be counted, let them take control of the radical minority and help us deal with them. Let them step up and do something positive. They can’t be on both sides at the same time.

If they don’t speak up, if they don’t help control the radicals among them, then they are part of the problems and their feelings are of no consequence to me.

This is a matter of life and death as we saw at Virginia Tech and now at Ft. Hood. The perpetrators were Muslims – radical and fanatical Muslims. We must call them what they are if we are to protect ourselves. They were Muslims.

If so many Muslims are peaceful as they say, let them show themselves in their Mosques. Let them stand up and offer testimony opposed to what is being offered by their more radical Imams. Maybe they should form groups that can stand up against the radicals and talk for peace among their people.

If they cannot or will not because they are intimidated then they are no help to us and we can’t be unduly concerned over their hurt feelings.

Seldom is the majority ever involved in radical type revolutionary movements. it is always a minority and usually the minority is a violent, hate-filled angry minority that intimates the majority as happened in Nazi Germany, Cuba, Argentina, Russia and China among other places.

If the “good” Muslims can’t control or help us to control the “bad” Muslims, then we need to act on our own and we can’t worry about the sensibilities of these people. We need to deal with the fanatics because they are the ones that threaten us and those others have already demonstrated they are followers not leaders. That means they will follow whoever is the leader, even el Queda. .

Finally remember this: America is VERY vulnerable for large scale terrorist activities. We are wide open and some of the things they can do are hottible to contemplate. Being weak or uncertain or unwilling to act forcibly is the best to guarantee the death of large numbers of Americans.

Say it aloud, America. TERRORISM. Radical, fundamentalist Muslim terrorism is the real danger!!!

By any other name, it remains the same.

Joey