The Obamacare Individual Mandate, is it a tax or isn’t it? President Obama emphatically denied, prior to Obamacare’s passage into law, that it’s a tax. He even got a bit testy during a TV interview when a dictionary definition of “taxes” was read to him which made his mandate sure sound like a tax.[1] However, [...]

What do National Defense cuts, Crab, Shrimp, Treadmills, Quail, Feces and Magic have in common?  Usually they have nothing in common, but in the world of federal budget cuts and federal spending they are related. Let’s take a look. National Defense is a cornerstone for our economic recovery, strength and security.  However Department of Defense [...]

“We’re number one! We’re number one!” When America is competing against other countries at international events, isn’t that chant music to your ears? Guess what? On April 1, 2012 the U.S. moved into first place, but this is one time when coming in last would actually be the more desirable spot. Welcome to the competition [...]

In his recent $3.8 trillion budget announcement for 2013, President Obama presented a new national defense strategy and foreign aid priorities. With regime change and unrest in the Middle East, will Americans continue to be safe? Do we know what we are funding? Priorities Gone Awry Regarding foreign aid, the President’s 2013 budget (voted down [...]

We hear a great deal about taxes:  Are they fair?  Rich people don’t pay enough. The middle class pays too much.  What about those who don’t pay anything?  This raises some questions for me: * What is fair and who determines what’s fair? * Should the wealthy pay a greater share? * Are successful people [...]

What do $10 million in “Sesame Street” remakes for Pakistan, $765,828 to subsidize “pancakes for yuppies” in Washington D.C., and $550,000 for a documentary about how rock music contributed to the collapse of the Soviet Union, all have in common? You paid for them.[1] In a December 2011 oversight report, U.S. Senator Tom Coburn, M.D. [...]

Did you know the U.S. is in a race? We are now racing France to increase taxes on jobs producers. France is also in the Presidential election process this year and there is a striking difference between the French Presidential Candidates regarding the taxation of the “rich.” Sound familiar? Will this tactic really work or [...]

A study done by the Small Business Administration (SBA) said that in 2010 the annual cost of Federal regulations was $1.75 trillion.[1] Our annual GDP is over $15 trillion, meaning the cost of these regulations amounts to about 11.5% of GDP.[2] That’s a lot of money. Think of the impact on our struggling economy if [...]