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Archive for the ‘Federal Government’ Category

Run Ron Run

11 Oct

In January 2007 libertarian Republican Congressman Ron Paul of Texas announced on national television (C-SPAN) he would seek the GOP presidential nomination in 2008.  I was ecstatic.  What a great opportunity to have a member of Congress run for president who has warned about the evils of big government for more than 30 years.   I soon sent the Ron Paul for president campaign a contribution and continued to send him support as did my wife until we both reached the maximum legal limit.

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Posted in Federal Government, Politics, Spending, Taxes

 

Raining money in Newark

04 Oct

On Oprah’s national television show Mark Zuckerberg, co-founder of Facebook, accompanied by Governor Christie and Newark mayor Corey Booker, announced he will make a $100 million gift to the Newark school system spread over five years.  Zuckerberg’s gift is in the form of a “challenge grant.”  Newark has to raise an additional $100 million over five years, bringing the total philanthropic bounty to $200 million.

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Posted in Education, New Jersey, Taxes

 

The BS GOP “Pledge to America” and what should replace it

25 Sep

With much fanfare including a photo op away from the nation’s capital, GOP congressional leaders rolled out their “Pledge to America,” which includes all the images (Statue of Liberty, Mount Rushmore, small businesses, town hall meetings and of course the American flag) to invoke a warm and fuzzy feeling among the electorate who appear ready to vote overwhelming for Republicans in the midterm elections.

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Posted in Federal Government, Federal Reserve, Spending, The Warfare State, U.S. Dollar, Welfare state

 

New Jersey needs a zero income tax rate

23 Sep

Governor Christie stated on Bloomberg radio he wants to cut the state income tax in order to make New Jersey more attractive than Pennsylvania and New York to do business.  However, if the governor wants to make New Jersey one of the most attractive states in America to do business, if not the most attractive, the income tax should be cut all the way to zero.  By phasing out the income tax over the next several years, Governor Christie and the Legislature would strike a major blow for liberty and prosperity, the New Jersey state motto.

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Posted in New Jersey, Politics, Taxes

 

Useful idiots

20 Sep

V.I. Lenin, the first supreme leader of the Soviet Union, allegedly said that western supporters of the communist regime were “useful idiots.”  Whether or not Lenin said this is beside the point, because in the United States, we have an abundance of ‘useful idiots” who still believe the Bush invasions of Afghanistan and Iraq were necessary for the national security of the United States.

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Posted in Federal Government, The Warfare State

 

The counter counterrevolution continues

16 Sep

The results of the GOP primaries this year reveal one indisputable fact; grassroots Republicans are angry, frustrated, and disgusted; they want to restrain the power of the federal government.  We will have to wait until November 2nd to see if Democrats and Independents feel the same way as GOP activists, who have sent a clear message to the GOP establishment, enough of your rhetoric, enough of your big government policies, it’s time to restore the principles of freedom, liberty and limited government.

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Posted in Federal Government, Federal Reserve, The Warfare State, U.S. Dollar, Welfare state

 

Obamanomics 101: I love big government, the free market, and American values

11 Sep

Last week, President Obama made a speech in Ohio about the economy.  Below are excerpts from the speech and reveals what we know about seasoned politicians—they want everyone to love them except their political rivals.  President Obama also demonstrates a lack of understanding of the free market, the role of government in a free society, and what caused our financial crisis.

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Posted in Federal Government, Federal Reserve, Politics, Spending, Taxes, The Warfare State, Welfare state

 

Letting housing prices fall to clear the market–what a concept!

06 Sep

The New York Times is reporting that the federal government’s efforts to prop up the sagging housing market have not worked (what a surprise!); the housing market is still mired in a depression.  Instead of calling on the federal government to “stimulate” the housing market to prop up demand—and prices—analysts are now calling for the unthinkable just a few months ago, letting housing prices find their equilibrium levels in a free market.

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Posted in Federal Government

 

Christie, Schundler, Obama and education

02 Sep

The federal government will finish this fiscal year, ending September 30th, with a $1.4 trillion deficit.  Instead of reining in federal spending to get its fiscal house in order, the Obama administration is desperately trying to “stimulate’ the economy with money it does not have, including sending more money to public school’s via a competition, “Race to the Top,” supposedly to enact “education reform.”

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Posted in Federal Government, New Jersey

 

Obama’s prescription for disaster

30 Aug

Below are the prepared remarks I made at the New Jersey Doctors Tea Party meeting in Teaneck on Sunday (August 29, 2010).  The event was sponsored by the Association of American Physicians and Surgeons, the nation’s leading free market health care advocate.  Membership is open to physicians and the general public.  I urge you to join

Thank you Alieta for inviting me to speak today.  I missed the Doctors Tea Party event on August 7 in New Brunswick and am thrilled to be here today.   Please take notes the material presented today, it will be on the midterm.   Everything you hear today will be meaningless if the Mayan calendar is correct.

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Posted in Federal Government, Politics, Spending, Taxes, Uncategorized

 

Social Security: America’s 75 year old chain letter

16 Aug

The Social Security program turned 75 years old on August 14th and the political class and their allies in the media, academia and the business world toasted the event extolling the virtues of America’s longest and largest chain letter. Make no mistake about it; Social Security is a chain letter.  Think of Social Security as Bernie Madoff on steroids.

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Posted in Federal Government, Taxes, Welfare state

 

Liberty, Independence and Elena Kagan

04 Jul

One of the greatest achievements of the human race was the Declaration of Independence.  The Declaration stated unequivocally that government is created to protect the natural rights of the individual.

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Posted in Federal Government

 

It’s the spending and the income tax, stupid

24 Jun

The New Jersey state budget is in perpetual crisis.  Every year the governor and the legislature engage in the June 30th soap opera:  Will a budget be in place by the June 30th deadline?  Or, will there be a state shutdown because the legislature failed to pass a budget in time for the upcoming fiscal year?

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Posted in New Jersey, Politics, Spending, Taxes

 

Sean Hannity is a liberal…or worse

21 Jun

Sean Hannity supports the war on drugs.  Libertarian journalist John Stossel supports the legalization of all drugs.  Hannity, a self-described conservative, grudgingly admitted that he could support the legalization of marijuana but never the legalization heroin or crack cocaine.  Hannity and John Stossel “duked” it out for a few minutes on Stossel’s Fox Business Cable weekly show last week, debating the merits of drug legalization.  Read the rest of this entry »

 
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Posted in Federal Government, Welfare state

 

Another reason to abolish the income tax

15 Jun

Bernie Madoff’s Ponzi scheme ripped off thousands of investors, foundations, colleges and universities, and financial institutions for as much as $50 billion.  Over the years, investors paid taxes on capital gains and interest their accounts supposedly generated for them.  But after Madoff confessed to the largest private Ponzi scheme in history did investors realize they had been victimized twice, once by Bernie and the second time by the government that taxed their nonexistent gains.

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Posted in New Jersey, Taxes