Back in February when the Congress voted to extend the payroll tax “holiday” to the end of the year, the Washington Post was the first to notice the tsunami of tax increases coming next year. But then Lori Montgomery began to add up all the other taxes that will increase on January 1, 2013, and called it “Taxmageddon.”
Here is a partial list of taxes that will increase unless Congress intervenes:
- The 2001 and 2003 Bush “tax cuts” expire
- Taxes on investment income
- Estate and gift taxes
- Income taxes
- Marriage penalty returns
- Child credit drops
- Taxes on first $8700 of wages increase by 50 percent
- Payroll taxes go from 4.2 percent back to 6.2 percent
But that is only a start. The Heritage Foundation did an in-depth analysis of all the tax increases scheduled for next year and found that Lori forgot some: Read the rest of this entry »
Tags: $5 Trillion, $5 Trillion Tax, $5 Trillion Tax Hike, $5 Trillion Tax Hike Coming, 2001 and 2003 Bush “tax cuts” expire, Barack Obama News, business, cars, Child credit drops, Congress, Currency News, Curtis Dubay, Economic News, economy, End The Fed, Environment, Estate and gift taxes, Federal Government, Federal Reserve, Federal Taxes, Government, Heritage, Heritage Foundation, Income taxes, Lori Montgomery, Mark Zandi, Marriage penalty returns, Moody’s Analytics, News, payroll tax, Payroll taxes go from 4.2 percent back to 6.2 percent, Political News, politics, science, Tax, tax cuts, Tax Hike Coming, tax increases, Taxes, Taxes on first $8700 of wages increase by 50 percent, Taxes on investment income, Taxmageddon, Taxpayer, Trillion Tax Hike Coming, Tyranny, Tyranny News, U.S. News
Early last year, leaked documents obtained by a Colorado beekeeper exposed the U.S. Environmental Protection Agency‘s (EPA) illegitimate approval of clothianidin, a highly-toxic pesticide manufactured by Bayer CropScience that the regulatory agency knew was capable of killing off bees (http://www.naturalnews.com/030921_EPA_pesticides.html).
Now, a new study out of Purdue University in Indiana has not only confirmed, once again, that clothianidin is killing off bees, but also that clothianidin’s toxicity is systemic throughout the entire food chain, which could one day lead to the catastrophic destruction of the food supply.
The study, which was published in the online journal PLoS ONE, investigated the various methods and routes by which a class of insecticides known as neonicotinoids, which includes clothianidin, are harming honey bees. They discovered that both clothianidin and thiamethoxam, another component of neonicotinoid insecticides, persist in “extremely high levels” in planter exhaust material produced during the planting of crops treated with these insecticides, which runs contrary to industry claims that the chemicals biodegrade and are not a threat. Read the rest of this entry »
Tags: Bayer CropScience, beekeeper, clothianidin, Contaminating Food Chain, Crop Science, destruction of the food supply, Dr. Neil Carman, Economic News, Environment, EPA, EPA-Approved, EPA-Approved GMO Insecticide Responsible For Contaminating Entire Food Chain, EPA-Approved GMO Insecticide Responsible For Killing Off Bees, food chain, food supply, GMO Insecticide, GMO Insecticide Responsible For Contaminating Entire Food Chain, GMO Insecticide Responsible For Killing Off Bees, health, Health News, highly-toxic pesticide, medicine, nature, Neonicotinoid, neonicotinoids, pesticide, plants, PLoS ONE, Political News, Purdue University, Republican, science, Science & Tech News, Study: EPA-Approved GMO Insecticide Responsible For Killing Off Bees Contaminating Entire Food Chain, systemic, thiamethoxam, toxicity, Tyranny, Tyranny News, U.S. Environmental Protection Agency, U.S. News
Experts believe Israeli military planners options are restricted to high risk choices, such as a long range missile bombardment from Israel or a special forces raid involving troops attack facilities on the ground.
The authoritative military journal Jane’s Defence Weekly has also cast doubt on Israel’s ability to mount a successful operation saying it would face “substantial difficulties”
“The significant distances involved and hardened features of Iran’s nuclear facilities make any ‘massive surprise’ aerial attack a very high-risk operation for Israel to undertake on its own,” Jane’s concluded in a recent study.
While Israel has the most powerful air force in the Middle East, it would struggle to mount the complex strikes necessary to deal a real blow to Iran’s well protected nuclear plants. Senior Israeli officials have warned the country is prepared to take unilateral action to stop Iran acquiring a nuclear bomb. Read the rest of this entry »
Tags: Air Stricke, Air Strike, Davis Lewin, Destroy Iran’s Nuclear Program, HJS, Iran, Iran’s Nuclear Program, Iran’s Nuclear Programme, Iraq, Israel, Israel Air Strike, Israel iAir Strike, Israel Pre-Emptive Air Strike, Israel Would Not Be Able To Destroy Iran’s Nuclear Program With Pre-Emptive Air Strike, Israel Would Not Be Able To Destroy Iran’s Nuclear Programme With Pre-Emptive Air Strike, Israeli military planners, jane s defence weekly, Jane’s Defence Weekly, libya, Malcolm Chalmers, Middle East, News, nuclear, nuclear bomb, nuclear plants, Nuclear Program, Nuclear Reactor, Osirak, Osirak nuclear reactor, Persian Gulf, Political News, politics, Pre-Emptive Air Attack, Pre-Emptive Air Strike, Pre-Emptive Attack, range missile, royal united services, Royal United Services Institute, Saddam Hussein, SAS, Syria, Tyranny, Tyranny News, U.S. News, War News, World News
Privacy is eroding fast as technology offers government increasing ways to track and spy on citizens. The Washington Post reported there are 3,984 federal, state and local organizations working on domestic counterterrorism. Most collect information on people in the US. (Source)
Here are thirteen examples of how some of the biggest government agencies and programs track people.
One. The National Security Agency (NSA) collects hundreds of millions of emails, texts and phone calls every day and has the ability to collect and sift through billions more. WIRED just reported NSA is building an immense new data center which will intercept, analyze and store even more electronic communications from satellites and cables across the nation and the world. Though NSA is not supposed to focus on US citizens, it does. (Source)
Two. The Federal Bureau of Investigation (FBI) National Security Branch Analysis Center (NSAC) has more than 1.5 billion government and private sector records about US citizens collected from commercial databases, government information, and criminal probes. (Source) Read the rest of this entry »
Tags: American Civil Liberties Union, Automated Fingerprint Identification System, CCD, Cellphone Tracking, cellphones, Department of Defense, Department of State Facial Recognition, DNA, DNA Index, DOD, Environment, FBI, Federal Bureau of Investigation, Government, Government Tracking, Government Tracking citizens, Government Tracking civilians, Government Tracking people, Government Tracks Us, GPS, GPS Tracking, Health News, IAFIS, IDENT, Intelligence Community Security Clearance Repository, internet, National Counterterrorism Center, National Security Agency, National Security Branch Analysis Center, New York Times, News, North Carolina Department of Motor Vehicles, NSA, NSAC, Political, Political News, politics, Privacy, Scattered Castles, science, spy, technology, Terrorist Identities Datamart Environment, Thirteen Ways Government Tracks Us, Thirteen Ways the Government is Tracking Us, TIDE, track, Tyranny, Tyranny News, U.S. News, US Department of Homeland Security Automated Biometric Identification System, US Department of State Consular Consolidated Database, Washington Post, WIRED
Value Subjectivism and Monetary Instability
Subjectivism is the philosophy that reality is what we perceive to be real and that no underlying, true reality exists independent of human perception. In other words, the nature of reality for an individual person is dependent on that individual’s own consciousness. It follows that each person experiences their own reality that is not shared with others. What is true and what seems moral to one person may not be true or moral for another person, i.e., truth and morality are relative. In contrast, objectivism is the philosophy that reality exists independent of human consciousness; that human beings have direct contact with reality through sense perception; and that objective knowledge of reality can be obtained through perception, evidence and logic, e.g., through scientific methods.
A subjectivist might view the stock market as a perpetual bubble floating on the hopes and dreams of entrepreneurs and investors who invest in stocks in the same way that gamblers place chips on a craps table in a casino, without any concept of an objective economic reality outside of the game. A subjectivist might view technical analysis, which is based purely on trading activity in the stock market, as the ideal tool to understand financial markets, despite the fact that is has no direct connection to the objective economic realities of the companies that stocks represent. In contrast, an objectivist might view the stock market as a venue for participation in business ownership where stocks have value as a function of the particular businesses that they represent and because of the goods and services that the businesses provide in the objective world. A subjectivist might say that “everything is relative” (although the statement is self contradictory), while an objectivist might say that they “…believe in justification, not by faith, but by verification” (Thomas H. Huxley 1825-1895). Although they may not know it, Keynesian economists, bankers and day traders are often philosophical subjectivists while Austrian economists, advocates of the gold standard and value investors are often philosophical objectivists. Read the rest of this entry »
Tags: 15 Fundamental Problems with Fiat Currencies, Currencies, Currency, Currency Collapse, Currency News, Currency Trouble, Economic Collapse, Economic News, economy, End The Fed, Fed, Federal Reserve, Fiat, Fiat Currencies, Fundamental Problems with Fiat Currencies, Political News, Problems with Fiat Currencies, Ron Paul, Tyranny, Tyranny News, U.S. News
There are unintended consequences when policy aims at depreciating a currency in favor of bolstering an ailing banking system. The Federal Reserve has been on a multi-decade mission to lower the value of the US dollar. The primary purpose of this mission is to inflate banks into solvency as they try to work their way out of the massive financial crisis. The amount of troubled real estate loans is still impressive when we look at the temporary sanctuary being provided by the Federal Reserve on their overloaded balance sheet. This luxury is not afforded to your common household and consequently many Americans are now facing higher and higher costs in items like energy even though demand is slightly lower. This occurs for a variety of reasons but a main driver is the declining purchasing power of the US dollar. This permeates over into the employment market that is largely being driven by lower wage positions. Inflation is creeping back into the economy.
Consumer inflation now edging back up
Since our economy is fantastically debt based and debt is the medium of exchange, more debt is likely to produce higher prices given the same amount of goods. Typically this equation is leveled at the money supply but our system is one in which debt rules supreme. While households are in the painful process of deleveraging, debt has increased overall because of banking bailouts but also government spending. For this, we are seeing consumer inflation pickup: Read the rest of this entry »
Tags: Consumer Inflation, Cost of Consumer Inflation, Creeping Cost of Consumer Inflation, Currency, Currency News, debt, deleveraging, dollar, Economic News, Economy News, End The Fed, Federal, Federal Reserve, Financial Collapse, financial crisis, financial system, inflate, inflate banks, Inflation, leveraging, Political News, The Creeping Cost of Consumer Inflation, Tyranny, Tyranny News, U.S. News, unemployeement, US dollar, Wages
