Monday, March 29, 2010

A simple lesson in Macroeconomics and Taxes.

If the Federal government raises taxes on the richest 1% who only have 20% of the money, they don't generate as much as if they raise the taxes on the rest of the 99% who have 80% of the money. A 5% hike on 20% only gives you a 1% increase. The same hike in the lower 80% nets a 4% increase... Simple math folks!

Tuesday, March 23, 2010

Change we can believe in!

As President Obama is set to sign the massive Federal Healthcare Bill into law this afternoon, just 36 hours after it's passage in Congress, let us remind ourselves of then Presidential Candidate Barack Hussein Obama: