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Uh oh, that tax bill ‘Armageddon’ Nancy Pelosi warned about is kicking in!

**Written by Doug Powers Nancy Pelosi and the Democrats went full-blown apocalypse NOW when trying to convince everybody that the GOP tax bill was a planet-destroyer: BREAKING: 82 million middle class households face a TAX HIKE under the Senate’s obscene #GOPTaxScam. We must defeat Republicans’ monstrous assault on the middle class. https://t.co/4njh2pZ1Sz — Nancy Pelosi (@NancyPelosi) November 20, 2017 Pelosi called the tax bill “Armageddon” and the “end of the world”: ***** (adsbygoogle = window.adsbygoogle || []).push({}); You’ll be not so frightened to know that the “Armageddon” Pelosi warned was going to destroy the middle class is underway: Your paycheck may be going up soon because of tax cuts: https://t.co/zUQESAV910 — AP Politics (@AP_Politics) January 6, 2018 Additional “Armageddon”: Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform. https://t.co/GY631MYTLK pic.twitter.com/HfVvmveajF — … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Effects of man-made climate change turn on a dime again, Part XXIV

**Written by Doug Powers From the “Climate change is whatever we say it is so shut up” file we find the latest alarms being sounded in Alaska: Snowfall in central Alaska has more than doubled since the mid 1800s, says a study which pointed the finger at global warming https://t.co/Rt1bZofYXv pic.twitter.com/TmxrmzvPaO — AFP news agency (@AFP) December 19, 2017 Scientists blame global warming for DOUBLING the amount of snow atop an Alaskan mountain range https://t.co/OyyU6ZZ1lp — Daily Mail Online (@MailOnline) December 19, 2017 So update your “global warming is going to kill us with ______” talking points from “lack of snow” to “way too much snow” and put these previous Alaska warming warnings on the back burner for now, pun intended: What #climatechange looks like in #Alaska — winter rain & very little snow http://t.co/8qtts7WkK4 #akleg … Read entire article »

Filed under: Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America, Survival Plans

Obama reminds nation to thank Obama for current economic growth

**Written by Doug Powers The most unsurprising brag stretch of the week: Former President Barack Obama is taking credit for the robust economic growth that is taking place under President Trump. At a conference of mayors in Chicago, Mr. Obama congratulated himself Tuesday for strong employment numbers in the U.S. this year, saying his climate-change policies have contributed to growth. “As we took these actions, we saw the U.S. economy grow consistently,” Mr. Obama said. “We saw the longest streak of job creation in American history by far, a streak that still continues by the way.” He added wryly, “Thanks, Obama.” Hey, if the economy was doing lousy Obama would have certainly stepped up and taken responsibility, right? RIGHT!? **Written by Doug Powers (adsbygoogle = window.adsbygoogle || []).push({}); Twitter @ThePowersThatBe … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Trump Suggests Corporate Rate Could Go Higher than 20 Percent

Trump Suggests Corporate Rate Could Go Higher than 20 Percent

A slightly higher rate could create room in the tax bills to expand some other tax cuts or restore state and local tax breaks. … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

10 months after 8 years of Obama, Joe Biden says America in grave danger

**Written by Doug Powers Does Joe remember who was in charge for eight years up until January 20th? Maybe not: Former Vice President Joe Biden lashed out at President Trump on Saturday for creating a “dangerous” climate in America. Biden, while speaking about his upcoming book at the Miami Book Fair in Florida, paused to discuss the Trump administration. He accused the president of not caring about the working class voters that put him in the White House and said he and his advisors take advantage of “change and pain.” “I think it’s one of the most dangerous times in modern history,” Biden said, according to the Miami Herald. […] “Do you think [Trump] really cares about the kids I grew up with in Scranton, Pennsylvania, as far as their economic well being?” Biden … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Gun Laws, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

What is the Federal Reserve?

What is the Federal Reserve?

President Woodrow Wilson signed the Federal Reserve Act into law, it stood as a classic example of compromise. A decentralized central bank that balanced the competing interests of private banks and populist sentiment.   … Read entire article »

Filed under: Economic/Financial Collapse, IRS, Politics, The United States Federal Reserve Bank, US National Debt

Satire DOA: Team Hillary names Donna Brazile as part of massive Russia collusion cabal

**Written by Doug Powers The Clinton campaign responding to claims in Donna Brazile’s book by saying she fell for the Russian intrusion and brainwashing effort has got to be a new record for begging the question. The more proof that arises showing Hillary was a bad and unscrupulous candidate will simply be, according to the Clinton faithful, additional “evidence” that the Russian propaganda effort was a success. If the spin below doesn’t work, next there will be Clinton staffers claiming Brazile showed up for work every day at the DNC wearing an “I-heart-Putin” babushka. Dasvidanya, Donna! The open letter signed by more than 100 people involved in Clinton’s White House bid, including chairman John Podesta and vice chairwoman Huma Abedin, said the staffers “do not recognize the campaign” that Brazile “portrays in … Read entire article »

Filed under: Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America, Survival Plans

Donna Brazile spills Dem Party’s beans while jumping ship

Donna Brazile spills Dem Party’s beans while jumping ship

**Written by Doug Powers Former DNC interim chair Donna Brazile has rolled over on just about every major figure in the Democratic Party in excerpts from her new book, which Brazile hopes is sturdy enough to take shelter under as the Russia narrative collapses right on top of them. There’s also some unintentional humor in it all: Brazile: When I was asked to run the DNC, I stumbled onto a shocking truth about the Clinton campaign. https://t.co/ODpvvlS46j — … Read entire article »

Filed under: Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America, Survival Plans

The Deep State Runs The United States Federal Government

The Deep State Runs The United States Federal Government

Once the rule of law is vacant, no structure is present for society and almost always anarchy follows. The United States is being governed by the deep state. The federal government bureaucracy that controls what truly happens in the government agencies. So much control being centrally concentrated within the intelligence agencies. It makes the United States resemble what you would see in mot die hard Communist states throughout history. So I guess to his happiness, Barack Obama has changed … Read entire article »

Filed under: American Constitution, American History, Economic/Financial Collapse, Government Corruption, Main Stream Media Bias, Main Stream Media Fake News, Overstepping Legislation, Political Campaigning, Politics, Problems of Big Government, Socialism in America

Oops: Rep. Wilson unwittingly pokes holes in Dems’ Benghazi narrative

**Written by Doug Powers From the House Democrats’ Benghazi report released last year: “We have been hampered in our work by the ongoing Republican obsession with conspiracy theories that have no basis in reality,” said the Democratic report, which underscored the fierce political divisions between Republicans and Democrats over the attack on a U.S. consular post and a CIA annex in the Libyan port city. “Rather than reject these conspiracy theories in the absence of evidence — or in the face of hard facts — Select Committee Republicans embraced them and turned them into a political crusade.” “We hope our report will put to rest the conspiracy theories about Benghazi once and for all and return the focus to where it belongs—on the goal of improving the security of Americans serving abroad,” the … Read entire article »

Filed under: Be Prepared!, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

NFL’s Goodell: “Our Fans Expect Us” To Honor The Flag, All Players “Should Stand”

NFL Commissioner Roger Goodell held a press conference Wednesday afternoon following the Fall League Meeting in New York with team owners. ROGER GOODELL, NFL COMMISSIONER: One other issue we spent a great deal of time talking about this morning was how much we believe [that] everyone should stand for the national anthem. It’s also an important part of our game, that we all take great pride in. And it’s also for us to honor our flag and our country, and we think our fans expect us to do that. And so that was something we continued to focus on this morning. But really talking a lot about with the opportunity that exists with our players to try to go and really make a difference in our communities in a positive way. They’re … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

NY Times: Economy’s getting better, and here’s how that might kill you

NY Times: Economy’s getting better, and here’s how that might kill you

**Written by Doug Powers With the mainstream media being what it is, the Trump era means that even good news is bad news. Below is one such example featuring the two top economic stories from a Google search. How’s this for a shot & chaser? The Dow hit another record high this week and there are other signs of economic turnaround, but don’t get too excited about any of it. According to an article in the NY … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

The Facts About Who Pays the Most in Taxes in America

Politicians exploit public ignorance. Few areas of public ignorance provide as many opportunities for political demagoguery as taxation. Today some politicians argue that the rich must pay their fair share and label the proposed changes in tax law as tax cuts for the rich. Let’s look at who pays what, with an eye toward attempting to answer this question: Are the rich paying their fair share? According to the latest IRS data, the payment of income taxes is as follows. The top 1 percent of income earners, those having an adjusted annual gross income of $480,930 or higher, pay about 39 percent of federal income taxes. That means about 892,000 Americans are stuck with paying 39 percent of all federal taxes. (adsbygoogle = window.adsbygoogle || []).push({}); The top 10 percent of income earners, those having an … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Trump: Tax Reform ‘Will Lift Our People From Welfare to Work’

President Donald Trump promoted his tax reform plan at The Heritage Foundation’s President’s Club, and also touted American values, the Constitution, and “God-given rights.” “We will lift our people from welfare to work, from dependence to independence, and from poverty to total beautiful prosperity,” Trump told an audience of about 1,000 people Tuesday night gathered at the Marriott Marquis in Washington. “Our tax plan will ensure that companies stay in America, grow in America, and hire in America,” the president said. “At the heart of our plans is a tax cut for everyday working Americans.” The tax reform proposal backed by Trump and congressional Republicans would increase the deduction for child care and caring for elderly adults; make the first $12,000 for individuals and first $24,000 for married couples income tax-free; eliminate the … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Deduction for State and Local Taxes Stunts Economic Growth, Group Warns

Congress should get rid of federal taxpayers’ deduction for state and local income taxes because it ends up costing most taxpayers billions of dollars, an organization that advocates state-level reforms says in an open letter to lawmakers. Removing the deduction will save $1.5 trillion over the next 10 years, the American Legislative Exchange Council said in the letter, published Monday. “In a show of unity from across the nation,” ALEC said in a press release, more than 100 affiliated state legislators signed the open letter to Congress urging elimination of the state and local tax deduction and passage of “real tax reform.” “The legislators from 34 states represent millions of constituents from all corners of the country, including high-tax states such as Maryland, Pennsylvania, and Minnesota,” the group said. The open letter comes … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Bannon to Mitch: ‘Your People Are Going Home’ Because of ‘Populist Revolt’

Former White House Chief Strategist Steve Bannon called out Senate Majority Leader Mitch McConnell’s (R-KY) winless streak in 2017 on Tuesday evening and said the D.C. establishment is terrified of the economic nationalist movement that is gaining momentum from Alabama to Arizona and poised to send more of McConnell’s allies packing. … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

New Report: GOP Tax Reform Could Boost Household Income by $4,000

A study released Monday by the president’s Council of Economic Advisers found that congressional Republicans’ tax reform framework would produce thousands of dollars in income growth for American households.   “Reducing the statutory federal corporate tax rate from 35 [percent] to 20 percent would … increase average household income in the United States by, very conservatively, $4,000 annually,” says the report from the advisory agency within the Executive Office of the President. Income increases could reach as much as $9,000, according to the report.   Using 2016 household income as the baseline, these effects translate into an increase in average household income from $83,143 in 2016 to between $87,520 and $92,222, an increase of $4,000 to $9,000 in wage and salary income alone. According to the nonprofit Tax Foundation, the U.S. “has the fourth-highest … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Bannon: The Populist Revolt Is Still Rolling Full Force

Steve Bannon speaks at the 2017 ‘Values Voters Summit’: STEVE BANNON: This populist-nationalist conservative revolt that is going on, that drove Donald Trump to victory, that will drive 15 candidates to victory in 2018, and I hate to break the news… to the folks at Vanity Fair. President Trump is not only going to finish this term, he is going to win with 400 electoral votes in 2020. Why is this a populist revolt? You guys have more common sense, more understanding of what we need to do. More understanding. And the first order of business is to undo all the damage of globalism, right? That allowed Silicon Valley, and Wall Street, and Hollywood, and the imperial capital right here in Washington D.C. and London and Beijing and Davos — the party … Read entire article »

Filed under: Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

We Hear You: The IRS, the Rich, the Nanny State, Republicans, Trump, and Tax Reform

We Hear You: The IRS, the Rich, the Nanny State, Republicans, Trump, and Tax Reform

Editor’s note: As you probably noticed, The Daily Signal has made tax reform a focus of our coverage and commentary. Here is some of what you’ve had to say on the topic in recent weeks. Be sure to write us at letters@dailysignal.com—Ken McIntyre Dear Daily Signal: Regarding Rachel del Guidice’s story about the family of ranchers in North Dakota, I am a land surveyor and I get involved in forced sales because they need a survey … Read entire article »

Filed under: American History, Department of Education, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Trump to Make Case for Tax Reform in Heritage Foundation Speech

President Donald Trump will speak Tuesday at an annual meeting of Heritage Foundation members in Washington. Trump is expected to promote his tax reform proposal, the top legislative priority for the White House. Trump and Republicans in Congress have made overhauling the tax code their focus for the remainder of 2017. Since August, Trump has delivered a series of speeches across the country touting the benefits of tax relief for middle-class Americans. Tuesday night’s address to a gathering of Heritage’s President’s Club will continue on that theme. It will be Trump’s first speech at an event held by The Heritage Foundation, which previously has hosted Presidents Ronald Reagan, George H.W. Bush, and George W. Bush. “The timing of this year’s speech couldn’t be better,” said Ed Feulner, founder and president of the leading … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

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