Whistleblower In Washington: We Need More

Today the SEC awarded a record $30 million to a whistleblower. The foreigner was instrumental in cracking a tax evasion case against a Swiss bank.That chunk of dough is peanuts compared to the billions that treasury will receive in fines and past due taxes.Light bulb time.Why isn't whistleblowing awards offered to helpful informants who point the finger at our pols in D.C.? We all know that Washington is a cesspool of excrement. Just look at the resumes of our three past presidents. Just think of the goo in the ranks these execs direct. Notice the whistleblower in the SEC case helped getting back taxes. Another example of money not ethics as the guiding motivation of our leaders.

ObamaCare : New Kind Of Tax Policy And Social Engineering

Conservatives were outraged when the Affordable Care Act was passed by a partisan vote in Congress. They challenged it by taking the law to the Supreme Court on the basis that Congress couldn't require people to buy insurance. Conservatives screamed that congress doesn't have have the power to force that requirement.How silly? Congress has the power to tax. Ergo Congress has the power to destroy. ObamaCare was just another way of destroying. The Affordable care Act was in fact the largest tax increase in history but the revenues were dedicated to "healthcare". Conservative Chief Justice John Roberts was correct when he said that ACA was a tax and well within the power of Congress.Congress has been passing surtaxes after the first day they met in the nations capital or state house throughout this country. ObamaCare is just the largest. And this giant act of destruction was done in broad daylight.We were told by the liberals that the uninsured were the real reason why the bill was proposed and passed.There is some truth in that marquee mantra.But I also suspect people like rich and politically well connected people like David Geffen and other Hollywood homosexuals wanted a no precondition ineligibility for the upcoming explosion of HIV/AIDS infected that is resulting from the normalizing of homosexuality in our society.

Nervous Warren Buffett is Refreshing

The usually boring bean stacker Warren Buffett was on Charlie Rose's show last night. But he was animated and nervous. He fidgeted in his chair. It was refreshing to see this collector of certificates work up a sweat. He never had to sweat for his billions. He just collected others sweat in the form of equity certificates. How nervous was he? Well he was so nervous that he wrote an article in the op-ed section of the Wall Street Journal asking Congress to tax him and his mega wealthy friends more! Gee he must be nervous. He spoke of the miserable job members of government were doing in closing the huge budget gaps. He opined that a few extra bucks from him and his glutinous pals wouldn't be missed and could help. Not fooling me Warren. He is really worried that his whole stack of stock certificates might become worthless if the U.S. had a financial collapse. And then his whole hollow life would have come to naught by anyones calculations.

Poor Warren. He doesn't know that the real cause of the deficits is the failed philosophy of democracy. He kept on crowing about the power of "printing money"as the ultimate rescue of the United States and its democracy. The man's a bore.

Paul Krugman: Economist Or Politician?

As Jimmy Durante sometimes said, " Everybody wants to get into the act". 

Give an economist a Nobel Prize and suddenly he wants to parlay himself into a bleeding-heart liberal politician and maybe run for the senate. Like we need another Jew in the senate. Krugman's piece in todays NYT says that California's budget problems started with the passage of Propostion 13 in 1978. Prop 13 was a property tax limitation initiative and also required a 2/3 majority vote by the legislature to raise income taxes. It passed overwhelmingly. I paid property taxes pre-Prop 13. I kept up with the never-ending increases. But many could not. Many older people lost or had to sell their homes because they couldn't keep up with taxes.

Krugman wants Propostion 13 repealed. He presumably wants unlimited tax and spending in its place. He sounds more like a bleeding-heart liberal politician than a disciplined economist who is guided by prudent, realistic policies.