Showing posts with label ira. Show all posts
Showing posts with label ira. Show all posts

Friday, August 5, 2016

August, 2016, Part 4, Political Class Insanity: Chicago Gun Control Failure, Crime Rate Up and More

It is the beginning of another month which means it is time again to review the latest political class insanity from the American political class. Each month it takes us multiple posts to cover the wasteful spending, incompetent government organizations and employees, government programs that usually make a problem worse than resolving it, inane and idiotic politician comments, etc. In fact, last month we set a record, needing ten full posts to cover it all.

To review past posts on this insanity and idiocy, just click on the first few posts in each month listed to the right of this page. After reviewing just a handful of these insanity posts we think you will agree that we are currently being served by the worst set of American politicians ever to hold office in our entire history.

It looks like our politicians have been especially insane over the past month or so let’s get started with the latest insanity from today’s American politicians:

1) One of the most egregious actions of the Obama administration so far has been the suppression of the First Amendment rights of millions and millions of Americans when the administration used the IRS as a political weapon rather than a tax collection agency. By denying conservative and liberty loving organizations tax exempt status that was rightfully theirs, it not only stifled free speech and liberty but possibly, maybe probably, affected the 2012 Presidential election by denying electioneering resources to those opposed to Obama's second Presidential campaign.

And new documents uncovered by Judicial Watch further confirm and verify that the IRS intentionally buried Tea Party and conservative 501(C)(4) tax exempt applications until after Obama was reelected. Even worse, the documents uncovered include FBI documents that show the FBI knew of and ignored the illegal and unethical activities of the IRs in this election rigging endeavor.

The FBI documents show that not only were Tea Party and conservative applications not approved, they were intentionally denied approval without even going through any kind of review process. They were forwarded to a special group, “Group 7822,” for an “extended inventory” process until after the 2012 election. 

According to Judicial Watch’s analysis: “Beginning in 2010 and lasting through the Obama reelection campaign in 2012, the Obama IRS orchestrated a deliberate policy of burying conservative groups’ tax exemption applications in bureaucratic delays. Interviews with numerous Cincinnati IRS employees in mid-2013 reveal that “Tea Party” group applications were automatically denied approval and assigned to a special “Group 7822” for an extended “inventory” process while waiting for decisions from IRS headquarters in Washington, DC. One IRS manager “asked why progressive cases were not segregated similar to the Tea Party cases, but she did not get any satisfactory answers.” FBI “302” documents are detailed narratives of FBI investigation interviews. The Obama Justice Department and FBI investigations into the Obama IRS scandal resulted in no criminal charges."

This is what tyranny looks like, the government being used for political purposes to suppress the Constitution and freedom of speech. Pathetic and scary.

2) Want to hear about something really scary? Consider the analyses done by the Committee For A Responsible Federal Budget and what they found:

  • The long term financial health of the country and the Federal government could be much worse than even the dire picture painted by the Congressional Budget Office (CBO).
  • The CBO projected that the Federal government debt would double as a percentage of GDP over the next 30 years but that included some optimistic baseline economic assumptions.
  • It appears the CBO changed its forecast methodology in the latest round of long term forecasting which tended to dampen the size of the future Federal debt.
  • This analysis went back to the old CBO methodology and found that using the traditional CBO approach, the debt would reach 205% of GDP by 2046, 65 percentage points higher by the CBO’s current and more optimistic forecast.
Bottom line is that whatever projection you use we are on a trajectory to bankrupt the country and this latest analysis says it will happen sooner vs. later. And no one, absolutely no one is talking about this reality in Washington or on the Presidential campaign trail.

3) Every month it seems that we have to check in with Chicago and see how the city with likely the strictest gun control laws in the country is doing. If liberals and Democrats are correct, then imposing similar draconian gun control laws around the country would create a violence free Eden where gun violence is greatly reduced since it would be usually illegal to own a gun.

But alas, their dream did not happen again last week in Chicago because:

  • Last weekend, not month or last year, last weekend 47 people were shot in Chicago and five of them died from their gunshot wounds.
  • Gun violence has already claimed 2,300 Chicago victims so far in 2016.
  • Year to date, 740 more people have been shot in Chicago this year than through the same time period of 2015.
  • Chicago has had 268 homicides so far this year vs. about 163 homicides over the same time period in 2015.

As always, Obama, Biden, Hillary Clinton, Mayor Rahm Emmanuel, liberals, and the Black Lives Matter movement have remained silent and without any coherent plan to fix what ails society in Chicago. It is obvious that strict gun control laws have not fixed a dysfunctional city’s society but real solutions do not appear to be any of the above persons’ priority or concern.

4) But are we being unfair and too hard on Chicago? How is crime and gun violence doing around the rest of the country?

Normally, this question would be answered that Chicago is the outlier, violent crime has been going down around the country for decades. But we can no longer make that statement and have it be the reality. According to a recent article in the Wall Street Journal:

  • The murder rate is up recently, the first six months of 2016, in 29 of the largest U.S. cities.
  • These statistics were compiled by the Major Cities Chiefs Association.
  • Homicides are up 15% in the 51 large cities surveyed.
  • Chicago and Orlando, the site of a terrorist attack at a nightclub, accounted for half of the increase.
  • Violent crime in every category except rape is going up around the country.
  • CNN recently reported that robberies are up more than 1,000, aggravated assaults are up by almost 2,000, and non-fatal shootings are up more than 600 compared to the same period last year.
  • Chicago's 316 homicides were the most of any law enforcement agency included in the survey, a 48 percent increase over 2015. 
  • In Los Angeles, there were 110 homicides so far this year, compared to 85 in 2015. 
  • San Jose's 25 homicides more than doubled the amount during the same period last year.
Just a thought: given we have recently reported on Congressional testimony that the Obama administration has released over 80,000 known criminal illegal immigrants on to the streets of the country over the past few years, do we think there might be a cause and effect action going on here? Release 80,000 criminals and the violent crime rate increases after declining for decades? 

It amazes me that the politicians in this country do not have the ability to think through their actions before taking those actions. Of course violent crime is going to group if you release, on average, 1,600 known criminals into society in every state. What did they think was going to happen, they are CRIMINALS?

That will do it for today’s insanity: criminals are released and crime goes up, duh, Chicago is still a perfect example of why the Second Amendment is so important, we are much deeper into a financial morass and problem then we thought, and government documents prove that Obama went about stealing the 2012 election by suppressing the First Amendment rights of millions of Americans who likely disagreed with his actions, policies, and behavior. More insanity tomorrow.


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:


www.loathemygovernment.com

It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.

Please visit the following sites for freedom:


http://www.reason.com
http://www.cato.org
http://www.bankruptingamerica.org

http://www.conventionofstates.com
http://www.youtube.com/watch?v=08j0sYUOb5w








Wednesday, May 11, 2016

May, 2016, Part 5, Political Class Insanity: Retirement Blues, HIllary's Gun Control Misalignment, and Obama Phone Fraud

It is the beginning of another month which means it is time again to review the latest political class insanity from the American political class. Each month it takes us multiple posts to cover the wasteful spending, incompetent government organizations and employees, government programs that usually make a problem worse than resolving it, inane and idiotic politician comments, etc. In fact, last month we set a record, needing ten full posts to cover it all.

To review past posts on this insanity and idiocy, just click on the first few posts in each month listed to the right of this page. After reviewing just a handful of these insanity posts we think you will agree that we are currently being served by the worst set of American politicians ever to hold office in our entire history.

It looks like our politicians have been especially insane over the past month or so let’s get started with the latest insanity from today’s American politicians:

1) We have often spent discussion time lamenting how poorly the Obama administration has handled economic matters in the past seven years, with the following dismal results:

  • 45 million Americans still require government food assistance every month despite being six years out of the recession.
  • The real unemployment rate is still just under 10%.
  • Wages and household income levels have been stagnant for years.
  • The labor participation rate is at historically low levels.
  • According to the Federal Reserve, fully 47% of Americans could not withstand an unexpected expense of just $400.
  • Over 94 million American adults are not working.
  • Almost 6 million Americans are working part time because they cannot find full time work.
And according to a recent Newsmax article, this current economic malaise is likely to make retirement for today’s workers and unemployed very difficult:

  • According to the Government Accountability Office (GAO), 60% of U.S. households currently have no formal retirement savings or plan, either a traditional pension plan, an IRA, or a 401k.
  • The lower the household income level the higher the probability that household does not have a formal retirement plan.
  • By retirement time decades from now, the GAO estimates that 20% of all households will have zero retirement savings to rely on with 35% of lower income households having no retirement savings.
  • While the GAO report offered a number of suggestions on how Americans today can boost their retirement savings for later, the fact that people today cannot find enough full time jobs and wages and household incomes are not rising much at all, those suggestions are moot if today’s workers have no spare cash to stow away.
As if these dire realities were not depressing enough, many of today’s workers will have nothing but Social Security as an income when they retire, a mismanaged government program that is hurtling towards insolvency and which is currently in a massive and growing negative cash flow situation. Just another example when we allow politicians to mess with and mangle the economy in this country, not only do we suffer today but today’s economic sufferings are likely to carry over into the future retirement years.

2) Hillary Clinton seems hell bent on taking American citizens’ guns away from them under some severely misguided notion that if you strip the Second Amendment rights of law abiding citizens somehow criminal citizens will not have access to guns. This follows the same faulty logic of the Obama administration, which should know better, as we have shown countless times that the very strict gun laws in his home town of Chicago actually have substantially increased the criminal violence in that city.

But are their views in alignment with the views of Americans when it comes to gun control? Apparently not, according to a recent Rasmussen poll which found:

  • 66 percent of those polled believe self-defense is why people purchase firearms
  • 5 percent believe it's to commit a criminal act
  • 1 percent believe it's for job-related purposes
  • 22 percent say it's for "some other reason."
Thus, only 5% of Americans believe that people purchase a gun in order to commit a criminal act. Which means, as always, the priorities of the political class are out of alignment with what Americans want. 

As we have previously reported, while Obama focuses his efforts on global warming, more gun control, and immigration, these are three of the lowest priorities of Americans who would prefer he work on the economy, jobs, and other more important issues. Looks like Hillary will be more of the same misalignment with Americans’ priorities.

To further illustrate this misalignment, the poll also found that law abiding Americans are buying guns at a record pace with 23% saying that they themselves or someone in their family has purchase a gun in the past year. Are you listening Hillary? More gun control and gun confiscation is not what Americans want.

3) The Washington Free Beacon reported on an Associated Press article by Tom Wheeler on April 13, 2016 on how the FCC purposely kept the massive fraud present under the so-called Obamaphone program under wraps until after it had expanded and expanded the corrupted program. Specifically:

  • The regulators in the FCC were told to keep a massive fraud investigation secret until a day after a controversial FCC vote to the expand the program was taken.
  • This was an accusation of one of the actual sitting FCC commissioners.
  • The investigation found that the current program was so corrupt that it allegedly was being used to steal tens of millions of taxpayer dollars.
  • After the vote, the FCC announced that it was going after the cellular phone company, Total Call Mobile, that had allegedly defrauded the Federal lifeline cell phone program of almost $10 million.
  • The FCC was seeking $51 million in damages.
  • The whistleblower Commissioner, Ajit Pai, wrote: “Commissioners were told that the Notice of Apparent Liability could not be released or publicly discussed until April 1, 2016, conveniently one day after the Commission was scheduled to expand the Lifeline program to broadband. That’s not right.”
  • FCC spokesman, Will Wiquist, insisted that the timing of the delay on the fraud investigation announcement and the vote on the expanded program was just a coincidence: “The timing of the enforcement action was in no way related to the timing of the vote on the program modernization.” Given this administration’s penchant for lying on any and all topics, does anyone really believe this coincidence assertion?
  • According to the accusations, Total Call Mobile employees enrolled tens of thousands of duplicate beneficiaries and the company pocketed the extra taxpayer subsidies. 
  • The FCC uncovered the fraud scheme when the company enrolled an undercover FCC investigator in the program without asking for any eligibility documentation.
  • Pai went on to make several more scathing accusations against the Federal government;s mishandling of the program: “Even though [the FCC] identified 32,498 intra-company duplicates, we pursue only 2,587. Even though we have evidence that Total Call Mobile bypassed federal safeguards to enroll 99.8% of its subscribers, we hold the company liable for only 16%. Under these circumstances, our precedent suggests that a forfeiture of at least $84,295,910 would have been appropriate. Yet the Commission settles for something much less.”
  • While this alleged fraud was going on,the company was shelling out well over $100,000 in lobbying expenses to protect its interests in Washington.
Just another fraud ridden, taxpayer wasting, government program that has lax oversight, a lack of transparency, and criminal elements. As always, how many hungry Americans, homeless Americans, drug addicted Americans, and healthcare deprived American citizens and military personnel could have been helped rather than allegedly pouring $10 million of fraud money into a corrupt government program? So sad, so pathetic, so insane.

That will do it for today’s political class insanity. More fraud in a large government program that apparently was hushed up for political reasons, the dire retirement situation of today’s American workers, and HIllary’s total misalignment with American when it comes to the Second Amendment. More insanity tomorrow.


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

www.loathemygovernment.com

It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.

Please visit the following sites for freedom:

Term Limits Now: http://www.howmuchworsecoulditget.com
http://www.reason.com
http://www.cato.org
http://www.bankruptingamerica.org

http://www.conventionofstates.com
http://www.youtube.com/watch?v=08j0sYUOb5w