Showing posts with label The Wall Street Journal. Show all posts
Showing posts with label The Wall Street Journal. Show all posts

07 January 2010

The Federal Government through the IRS is looking to require Registering and CEUs

By the way, if you received your paycheck today: You will see that the Federal Government is asking Employers to collect more tax from your paycheck.

Licensing at the State Level already occurs for various occupations: CPAs, real estate, insurance, appraisers, engineers, lawyers, doctors, etal.

Here comes the Federal Arm for Licensing ...

Under the plan, which would begin with the 2011 tax season, anyone who takes
money to help people with their taxes will have to register with the IRS, and
eventually pass competency tests and sign up for continuing education. So having
made tax filing so complicated that most Americans need help with their forms,
Washington now wants to raise the price of such counsel by regulating advisers
in a way that may reduce their supply.
- Wall Street Journal

Today's article is from the Thursday, January 7, 2010 edition of The Wall Street Journal is titled, H&R Blockheads. For more on this issue, read: LIMITS: Increasing Income Tax Complexity Takes up More and More of our Time and Money.

So, what is the Role of the State and the Tenth Amendment? Remember, there was a time when a Federal Income Tax was not lawful. Is this another attack on the Tenth Amendment?

We noticed a comment from a social network friend that posted the following ...

"Tax code complexity violates right to due process, yet see WSJ.com - IRS to Boost Oversight of Paid Tax Preparers
http://bit.ly/5HvGqV"
The same link as above.

peace

04 January 2010

It's Time to Push Back on the Expansion of the Federal Government in America


We believe in Limited Government and Limited Spending in our country! We believe that our country needs to focus again on Liberty! That Life, Liberty and the Pursuit of Happiness is important to Americans. Equality and Property Rights cannot be forgotten, but Liberty and Personal Responsibility are crucial for our Republic. Our President and Elected Officials need to get the financial house in order for our Country.

Today's article is from the Monday, January 4, 2010 edition of The Wall Street Journal is titled, Deficit, Budget Woes Need Solutions as U.S. Nears the Precipice. For more on this issue, read: Institute Brief: Cutting Federal Spending Must Be a Top Priority.


peace

21 September 2009

Is Inflation in our future after Economic Crisis and Election of Mr.Obama?

The Monday, September 21, 2009 edition of The Wall Street Journal features an article titled, Fed faces test on inflation. For more on the Federal Reserve, please read Public Interest Institute's brief titled The mythology of Fed control of the economy.

peace

02 September 2009

24 August 2009

What's up on the Health Care discussion: VA pamblet and Budget Strains

Page 21 is a bit creepy. I'm not defending or complaining at this point. I'm
just saying why are enough people concerned that the VA book was pulled from the .gov website and we're hearing that section is being removed from HR3200? ...I finally found the book online (thanks Deb) - and I kept a copy.
- A person on Facebook wrote

Your Life, Your Choices -www.docstoc.com
Your Life Your Choices Planning for Future Medical Decisions: How to Prepare a Personalized Living Will Your Life Your Choices Planning for Future Medical Decisions: How to Prepare a Personalized Living Will Authored ...

The Monday, August 24, 2009 edition of The Wall Street Journal features a story titled, Budget pain spreads to energy-rich states. For more on economic recovery policy ideas, read Institute Brief: The American Option.

In the State of Iowa, newcomer Christian Fong, the Western Iowa native, who is a businessman here in Cedar Rapids, released his first radio advertisement that was critical towards the use of bonds by the current governor. In speaking engagements, Fong often speaks about the dangers of generational debt.


“As governor I would end the use of taxpayer money to fund lobbyists and
veto any budget that is not balanced.”
- Christian Fong

Fong begins statewide radio ad campaign; Dems cry ‘foul’ - The Gazette CEDAR RAPIDS – Republican gubernatorial hopeful Christian Fong is on the airwaves with a statewide radio campaign. ...

peace

20 August 2009

The U.S. Federal Government needs to promote limited spending

"The large deficit and the grim longer-term fiscal outlook also will
continue to play a big role in the debate over domestic priorities, such as
health-care overhaul." -
The Wall Street Journal

The Wall Street Journal features a story titled, U.S. deficit projection trimmed for 2009. For a historical example of the importance of following constitutional government, read Institute Brief: Governing by the Founder's Constitution: The Presidency of Warren G. Harding.
Attempts are being made to stimulate demand by channeling resources into areas
that government planners consider socially beneficial. For example, a bonus is
given to individuals who trade in their “clunkers” for sub-compact fuel
efficient cars. In the end, such programs will prove futile and result in a
misallocation of resources.
- Fred Buzzeo

An Analysis of Production and Consumption Based Economic Stimulants - The Market Oracle
The answer is clear: The government should return money to its rightful owner, the taxpayer; eliminate excessive spending and budget deficits; and encourage ...
I believe in letting the free market correct itself and letting competition
rather than the government decide "winners" and "losers." I’m doing everything I
can to prevent the Washington, D.C., mindset of government growth and spending
sprees from infecting our state.
- State Sen. Luann Ridgeway (Mo.)

Stopping excessive spending not easy - Sun Tribune
The 2010 budget amounts to a 3 percent increase in spending — yet our income (tax revenue) is down 4 percent. Your federal tax dollars came back to us via ...

Of course, the spending spree by the Federal Government can cause difficult challanges to state and local budgets. Federal stimulus money is only short-term.

peace

19 August 2009

Pass the Ketchup and Mustard, but can we please hold and stop the Rationing of Health Care path



"Although administration officials are eager to deny it, rationing health care
is central to President Barack Obama’s health plan. The Obama strategy is to
reduce health costs by rationing the services that we and future generations of
patients will receive."
- Martin Feldstein
The Wednesday, August 19, 2009 edition of The Wall Street Journal features a story titled, ObamaCare Is All About Rationing. For more on health care reform, read Institute Brief: A Healthcare Prescription for Iowa.

Ketchup / Catsup History
Original ketchup contained no tomatoes

"But do Americans really want government bureaucrats
dictating access to care based on their perception of one's worth to society?
This question goes to the heart of the problem with rationing: A stranger far
from the scene decides who gets care and who doesn't. The person making these
decisions knows neither the patient nor the health care provider, yet he or she
is charged with the responsibility of allocating scarce resources among a
demanding population rather than providing the best possible care."
- Ken
Connor

A Washington Times editorial on Aug. 18 criticized the claim that private
insurers “ration” care: “
There
is no more rationing by private insurance companies than there is rationing at
the grocery store.
In a private system, consumers can buy more
expensive health insurance plans if they want better benefits. Similarly, in a
grocery store, if you want more food, you pay more money. There is no rationing
in either case.”
CNN Devotes Six Minutes to Health Care 'Rationing' Proponent -Business Media Institute
At one point in the segment, Roberts asked why rationing is a “dirty word” in the health care debate when it already “goes on all the time in the corporate ...

A key component in a quality health care system is choice. Here are recommendations from the Mayo Clinic Health Policy Center:


  • Create Value
    Improve patient health outcomes and satisfaction with U.S. health care. Decrease medical errors, costs and waste.
    Read details.

  • Coordinate Care
    To increase value, patient care services must be coordinated across people, functions, activities, locations and time. Patients must actively participate in this process.
    Read details.

  • Reform the Payment System
    Change the way providers are paid in order to improve health and minimize waste.
    Read details.

  • Provide Health Insurance for All
    Provide guaranteed, portable health insurance for all individuals, giving them choice, control and peace of mind.
    Read details.
peace

16 July 2009

The Impact a Supreme Court selection can have on the Second Amendment



The Thursday, July 16, 2009 edition of The Star Tribune features an article titled, Sotomayor: from guns to Perry Mason. For more on the constitutional significance of the Second Amendment read Public Interest Institutes's Brief titled: Do citizens have the right to keep and bear arms? and District of Columbia v. Heller.

NRA Opposes Sotomayor, Cites 'Hostile View' of Gun Rights‎ - Wall Street Journal blogs
The NRA criticized several of the positions Sotomayor had taken on Second Amendment rights. “It is only by ignoring history that any judge can say that the ...

Don't Mess With Sotomayor - Washington Post

Sen. Graham's Second Round of Questioning at Judge Sotomayor's ...‎ - Washington Post

On a local note, Iowa Senator Charles Grassley questioned Sonia Sotomayor in 3Rd round of questions on July 16, 2009. Senator Grassley's questioning was not directly related in any way to the Second Amendment, Transcript from the Washington Post and focuses on "stare decisis." Senators Grassley and Leahy discuss Sotomayor o... - YouTube

peace

10 July 2009

Local Health Care Reform forums scheduled, while Washington discusses Health co-ops

"I've heard more positives than negatives on co-ops from Republicans, if
it's one and the same (government-run plan), it would be problematic, definitely." - Sen. Olympia Snowe (R-ME)
The Friday, July 10, 2009 edition of The Wall Street Journal features an article titled, Democrats Open to Idea of Forming Health Co-Op. For more on health care reform, read the Public Interest Institutes's brief titled The Missouri Plan: A Free Market Approach to Health Care.

Consumer-Driven
Health-Care Policy
Public Input Tour
Co-Sponsored by Patients United Now and
Public Interest Institute

July 13 - Des Moines

July 14 - Cedar Rapids/Iowa City

July 15 - Davenport/Bettendorf

For more information, click
HERE

To RSVP, call 319-385-3462

Read background on
health-care policy issues
peace

06 July 2009

Rising unemployment, mixed views on the Federal Stimulus spending


"This was supposed to be about jobs, jobs, and jobs. And the fact is, it
turned into nothing more than spending, spending, and more spending on a lot of
big government bureaucracy." -
House Minority Leader John Boehner (R-Oh)
The Monday, July 6, 2009 edition of The Wall Street Journal features an article titled, Calls grow to increase stimulus spending. For more on this issue, read Public Interest Institutes's Follow the Constitution rather than Keynes.

More misreading? - Dallas Morning News
Any chance they've misread the hoped-for stimulus results? Any chance they've misread what taking over GM is going to mean? Any chance they've misread what ...

Biden: Administration "Misread" Economy - U.S. News & World Report


Cantor: Stimulus Isn't Working - RealClearPolitics
"I don't think anybody can honestly say that we're satisfied with the results so
far of the stimulus. But we believe the stimulus was absolutely
essential."
- House Majority Leader Steny Hoyer (D-Md)
2 Democrat said Sunday that he is not satisfied with the results of the stimulus so far, but it's too soon to consider a second package since not all of the ...

The Stimulus: Six Months Later -National Ledger - Jon Kyl
With some now suggesting a second stimulus package, it's a good time to look at some preliminary results of the first package. In January, the president's ...

peace

02 July 2009

State Governments: IOUs for California, while Iowa needs clean up its own Budget



The decision to issue IOUs, officially called "individual registered
warrants," will cost California heavily. The state will have to repay the
warrants with millions of dollars in interest. Investors will likely charge
California more for the short-term loans the state relies on every year as
it waits for tax revenue. Issuing IOUs also sends a negative message to Wall
Street about the state's financial shape. - The Wall Street Journal


The Thursday, July 2, 2009 edition of The Wall Street Journal newspaper features an article titled, "California Lays Plans to Issue IOU's to Creditors." For more on this issue, read Public Interest Institutes's brief titled "Iowa's State Budget: Spending Our Way to a Crisis Again."


More stories on California's budget woes ...

How California's Fiscal Woes Began: A Crisis 30 Years in the Making -TIME - Kevin O'Leary - ‎ 01, 2009 California Governor Arnold Schwarzenegger addresses a joint session of the legislature discussing the state's budget crisis and the necessary steps ...



Turning to the State of Iowa, State Representative Christopher Rants (R- Sioux City) commented in his blog on July 2, 2009 the following ...

Net tax revenues came in $161 million below the estimate of
the revenue estimating conference for fiscal year 2009 which ended Wednesday.
For those who love to know the details it breaks down this way:$57.7 million
reduction in gross revenue$72.3 million in increased refunds$31.0 million in
increased school infrastructure refunds to districts -
Christopher Rants
Act Now to Balance the Budget - Christopher Rants, State Representative Iowa House District 54

A state parks budget squeeze -Omaha World-Herald - Paul Hammel
In Iowa, all state agencies took a 15 percent budget cut. The unmown grass is already evident in many Iowa parks, an Iowa official said, including popular ...

State's budget woes deepen - Waterloo Cedar Falls Courier - Rod Boshart
"The Iowa Constitution requires our state to operate with a balanced budget yet the fiscal year that ended yesterday leaves Iowa with an unbalanced budget," ...

Other States budget woes ...

State Budget Woes Worsen As Deadline Arrives -NPR - Deborah Tedford
Brian Sigritz, of the National Association of State Budget Officers, said California, Mississippi and Rhode Island has special challenges in passing their ...

State budget woes to hit consumers - Credit.com News
Tax hikes and budget woes: States crunched - CNNMoney.com
News roundup: Budget battles coast-to-coast - USA Today

Budget Vetoes Leave Ariz.'s Fiscal Woes Unresolved -Northern Arizona Today - Paul Davenport, Jonathan J. Cooper
Jan Brewer avoided a shutdown of state government Wednesday by signing a budget bill from the Legislature, but her vetoes of other spending proposals leave ...

Discussion: How would you solve AZ budget woes? - KVOA.com
Many states facing budget woes - Huntington Herald Dispatch

peace