The Pawlenty Plan

As we gear up for the Republican debate tonight, here’s a look at Tim Pawlenty’s economic plan that has some liberal’s tight-chested. He believes that he can implement a national economic growth goal of 5%. Here’s how:

* Take the business tax rate all the way down to 15% from 35%
* Get rid of all the deductions and quit taxing foreign earnings of American companies
* Make small-business S-Corps or LLC partnerships eligible for the new low corporate rate
* Simplify our income tax to two rates of only 10 and 25%
* Abolish taxes on capital gains, interest, dividends and estates
* Sunset all economic regulations
* Apply a “Google test,” whereby if you can find a federal government good or service on the Internet, the federal government doesn’t need to run it.

I can see why liberals are calling Pawlenty’s plan “fantasy” .. because liberals can’t understand or appreciate the power of the free market, individual liberty and less government.

A Tax On Stupidity

Now here’s something I can definitely support …

I love the lottery. No, not because I play it but because it is a tax on stupidity. So in these tough economic times, states are looking for ways to increase their revenue. Online lotteries are becoming a popular way to increase revenue. Minnesota has started offering online lotto sales as of November of last year. New Jersey seems well on its way to passing a bill allowing for an online lottery.

Edwin McGuinn, chief executive officer of eLottery of Stamford, Conn., projects that a state with online lottery sales would increase revenue 15% within five years and attract “a demographic who doesn’t traditionally go into a convenience store to buy a ticket,” at a time when many states are grappling with budget deficits.

The state is not forcing anyone to pay these taxes at the point of the gun. These are people who are willing to pay … gotta love it.

Huge increase in electric bills seen in the next few years

Via Ed Morrissey at Hot Air, this Chicago Tribune article pretty much confirms what President Obama promised; that our electric bills would “necessarily skyrocket” as a result of new environmental regulations that will make coal-fired electric plants virtually a thing of the past.

The increases are expected to begin to appear in 2014, and policymakers already are scrambling to find cheap and reliable alternative power sources. If they are unsuccessful, consumers can expect further increases as more expensive forms of generation take on a greater share of the electricity load.

“Each generator will have to decide for itself whether the investment required to meet environmental requirements can be justified based on its projection of market prices and the cost of its capital. In any case, those costs will be passed through to consumers,” said Mark Pruitt, director of the Illinois Power Agency, which procures electricity for Illinois.

American Electric Power, one of the country’s largest coal-burning electricity generators, said Thursday it will retire nearly a quarter of its coal-fueled generating capacity and that it will spend up to $8 billion to retrofit remaining units to meet regulations that start taking effect in 2014. Those moves will have an impact.

“The sudden increase in electricity rates and impacts on state economies will be significant at a time when people and states are still struggling,” AEP Chairman and CEO Michael G. Morris said.

There is also a chance that actual shortages – you know, the kind that occur regularly in Third World countires – might hit the grid with rolling blackouts, brownouts, and perhaps even regulations that would outlaw HDTV’s, certain refridgerators, and other appliances that consume a lot ot electricity.

Yes, but at least we’ll stop global warming in its tracks…or not. For every atom of CO2 we stop emitting in the US, China and India will put two into the atmosphere. Their economies will boom. Ours will shrivel.

Has there ever been a great nation that committed economic suicide for no real reason?

Muir Boda’s Letter to the Salisbury City Council

As a citizen of the City of Salisbury and one who has been actively involved in city politics for the past couple of years, I have grave concerns over the process with which the City Council handled the budget process this year. I do feel some good things came out of the budget, such as removing furlough days for Police Officers and reducing the number of furlough days for the remaining city employees.

My concern is solely on the process and what appears to be a lack of negotiation and communication between the Office of the Mayor and the City Council. I have an even greater concern with the fact that the Council did not schedule a work session between the public hearing and the vote on the budget that included their amendments. Many ideas and suggestions were brought forth in the hearing and should have been discussed and considered before final passage.

I am also concerned that the Council was so quick to schedule an emergency session to override the Mayor’s veto. This was not an emergency; June 30th would have been considered an emergency, not June 8th. There still would have been plenty of time to for the Council to reach out to the Mayor to work on getting the budget to where all could have agreed.

This is very disappointing and their actions as a council are in contrast to what some on the council campaigned against and have complained about concerning past councils.

Muir Boda

Illegal Aliens are Above the law

She may well be an illegal Mexican immigrant, has driven without a license for years, and has gotten numerous traffic citations — yet police dare not inquire about her immigration status. Now, she’s gotten away with vehicular homocide.

Jeremy Schwartz, in the Austin American-Statesman:

Travis County prosecutors have declined to criminally charge a 45-year-old woman who sped up as she tried to park her pickup, striking and killing 62-year-old Felipe Duran, who was strumming Christian songs on his guitar outside a market in February.

Instead, Juana Arrellano-Aviles, who was driving without a driver’s license or insurance, received three traffic citations.

Austin attorney Steven Pastrana, who is representing Duran’s family, said he is looking into the possibility of a civil lawsuit against the driver.

The family “was upset that this lady has been allowed to just walk on this,” Pastrana said.

But prosecutors said the accident didn’t rise to the level of a criminal offense.

Obama, “What the F@#K WasThat” after Bibi’s Tongue Lashing, Temper Tantrum

Obama, “What the F@#K WasThat” after Bibi’s Tongue Lashing, Temper Tantrum.

I knew Obama couldn’t play nice. Remember, it was a priceless moment. Netanyahu educating Obama on history. Obama appeared to listen fervently.  But, the Leader of the Free World was distraught after being humiliated after the PI of Israel spoke live on Obama’s position of the 67′ borders. Obama left his rage lash out at his staff in a room next to the Oval Office, said to have echoed down the West Wing corridors to Richard Daley.  Obama’s William Daley, a Clinton administration commerce secretary, is his new chief of staff. Daley is the son of legendary Chicago Mayor Richard J. Daley

An adult temper tantrum occurred with Obama not in control.

“What the f@#k was that!”” Never again!””Do you understand me?” These words reiterated many times in a five minute period from the lips of POTUS. The volume of Obama’s voice increase with each passage of the term.

1 point Netanyahu, 0 Obama

O’Reilly’s Body Language Expert: Obama Has Contempt In His Eyes For Netanyahu: