Archive for category Entitlements
Clunker Drivers Have Been Bailed Out…Where’s The Outrage?
Posted by Scott in Entitlements, Gov't Spending, Taxes on August 29th, 2009
It was less than a year ago when Wall Street firms started seeing the first wave of government bailouts. Shortly thereafter the media and “Main Street” started crying about corporate excesses and greed. Those same people, however, are praising the “successes” of Cash For Clunkers; even advocating for a sequel Dollars For Dishwashers.
Why was Clunkers a success when the Wall Street bailouts were a miserable failure? Essentially they amounted to the same thing, the only difference was the recipients of our tax dollars. Where’s the outrage against those who were able to get a discount on their new automobile? Where’s the public disclosure (maybe a bumper sticker to thank the rest of us for their new purchase)?
Now I’m not trying to say that I agree with the Wall Street bailouts, because I don’t. I’m just trying to figure out how it’s OK to bailout one group of people and not another. The dollar amounts are irrelevant – the principle is the same.
After all, wouldn’t it just be easier (and more Constitutional) to simply not tax us as much? Lowering taxes for everyone across the board would not only help the auto industry and big Wall Street firms, it will also help every other industry. If everyone has more money to spend, they will spend it where they see fit. Whether that’s a new car, or a new dishwasher, the money will be spent, and the economy will eventually correct itself.
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Cash For Clunkers Thank You For Proving Our Point
Posted by Scott in Entitlements, Gov't Spending, Healthcare, Taxes on August 21st, 2009
For years, conservatives and liberals have clashed over taxes. Do we tax less, and allow the free market to thrive with the increased spending, or do we tax more to allow for an increase in government spending.
Cash For Clunkers has proven the conservative point of taxing less to benefit the economy, and here’s how.
Everyone, especially liberals are pointing out that one of the successes of Cash For Clunkers is that if you give people money, they will spend it. But why did the government have to place restrictions on how it could be spent? Had they simply not collected that $3 billion from the American taxpayer, we would have spent it as we saw fit to begin with.
Not only would people inevitably have purchased new (or even used cars), they also would have had additional money to pay for things like, gee I don’t know, maybe health care?
This leads me to another point. Cash For Clunkers was supposed to last until November. Whether it was the apparent “success” of the program, or the flaws in the paperwork processing that caused the program’s early departure, it was still cut short. What happens when the proposed universal health care ends up becoming too “successful” for its own good, or the inevitable mountains of paperwork become too much to handle? Are people going to be left waiting weeks or months for the treatment they desperately need (similar to the auto dealers waiting on payments they also desperately need)?
It’s time to see the light at the end of the government sponsored tunnel. More government involvement than is absolutely necessary in anything is never a good thing. And right now there is definitely far more than is necessary.
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Cash For Clunkers – Yet Another Government Blunder
Posted by Scott in Entitlements, Environment, Gov't Spending on August 20th, 2009
If you’ve driven by a new car dealership lately, you’ll likely notice the same thing I did when I went out looking to buy a new car. The lots are barren. You’re lucky to find a dealership who has more than one of the model car you’re looking for, and even luckier if it happens to be the right color, with all the features you want.
The recent buying frenzy caused by Cash For Clunkers has diminished the supply of new cars available to dealers to sell, because manufacturers weren’t able to increase production enough in anticipation of the surge in demand. What this has done, is caused an increase in the price of new cars, potentially eliminating most, if not all savings the government incentive program provides.
What’s worse, is that the dealerships who have already made thousands of sales aren’t being reimbursed by the government. One Los Angeles area dealership has said that they have made about 270 clunker deals, and has only been reimbursed for two. That means that this dealership is owed around $1 million from the government. And that’s just one dealership. Nationwide, approximately 2% of all clunker deals have been paid out so far, and 80% of all applications are “rejected for minor oversights”.
Not only is the $3 billion program expensive, it’s clearly inefficient (like any other government program).
Additionally, think back to the lessons learned from the mortgage crisis, where people went further into debt than they could afford, ultimately foreclosing on their homes. If someone is driving around in a “clunker”, they’re probably doing so because they can’t afford to buy a brand new vehicle. They might be better off if they upgraded to a nicer used vehicle, but many of the new vehicles that qualify for the program are expensive. The auto finance companies are loving life right now, but they’ll be looking for another bailout once people start defaulting on their loans.
Come to think of it, why are only new cars accepted in the clunkers program? It seems to me that buying a more fuel efficient used car would be better for the environment than manufacturing a brand new fuel efficient car. Not to mention the environmental impact of increased scrapping of some perfectly good cars. Seems to me like the program is more of a bailout for the automakers than it is an environmental incentive.
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What’s Coming From Dr. Obama MD
Posted by Scott in Entitlements, Healthcare on July 27th, 2009
The President, and democrats in Congress have been pushing hard lately for a health care bill to be passed. The proposed bill will place tough restrictions on current health insurers, as well as set up a government run insurance for any uninsured American.
So what do Americans have to look forward to? Based on other government programs and trends from other countries with socialized health care, here are a few of the things Americans will likely see in the future:
Quotas:Like any other government operation, there will be a budget in place. That essentially means that the government will place limits on itself as far as how much they will be able to spend each year. The President mentioned in his public address last week that doctors often times will choose the more expensive treatment, when a less expensive one will suffice. In this situation, a less expensive treatment might be mandated when a more expensive one is necessary. Additionally, the socialized programs in the UK and other countries are plagued with other similar annual quotas.
Longer Waits: The US Government recently launched the “Cash for Clunkers” program where it will pay $4,500 for your used car if you purchase a new, more fuel efficient car in return. The program was scheduled to start last Friday, but was delayed until today due to a problem with the website used by dealerships to report the transactions. While this doesn’t seem like a major catastrophe, the slightest wait for someone who is having a heart attack would be a disastrous catastrophe.
Poor Coverage: Medicare, Medicaid and veterans’ hospitals are all shining examples of poorly run health care in the US. The US government already has a proven track record of poor coverage through these programs, so why does anyone think that the new system will be any different?
Redundancy: The President said that there are millions of uninsured Americans who will benefit from government run health care. He implied that these millions of Americans are unable to get access to insurance because they simply can’t afford it. If this was true, they would automatically be covered under Medicaid. He failed to mention that there also happen to be millions of young, healthy Americans, who choose to spend their money on other things than health insurance.
The list could continue, but I think I’ve made my point. The government has yet to prove that it is capable of running anything without having bureaucrats putting their two cents in where it isn’t wanted (or needed). Health care is something that should be left to the public to handle, not bureaucrats.
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Redistribution of Earnings
Posted by Scott in Entitlements on May 5th, 2009
I think a lot of people have come to the conclusion that rich = evil, and lower to middle class = victims of the rich. If you’re wealthy, no matter how you became wealthy, you’re looked at differently these days. You’re not looked at as someone who is successful and should be looked up to, you’re looked at as someone who is greedy and who should give back their wealth to the less fortunate.
What if we weren’t talking about money though. What if we were talking about grades in school? Could we justify having the students who get A’s supplement the grades of those who are failing so that everyone passes? That way everyone has a chance of landing a good job. The grades become useless, because their intent is to provide a scale to judge a student’s previous experience. If you take all the grades and level them off, to roughly the same level, then potential employers, and colleges won’t be able to tell who has worked hard for their grades, and who just got by benefiting from the hard work of others.
What about in sports? What if there were no winners or losers? Would you watch a baseball game that you knew was going to end in a tie? At least no one’s feelings get hurt by the outcome, unless of course you’re the better team and feel that you deserve some recognition for your hard work. And at the end of the day, you don’t even need to have good athletes on the team if the game is always going to end in a tie. (You also won’t have good fans coming to watch the games).
These people don’t understand that you don’t just become rich, like the way someone becomes sick, or becomes thirsty. It’s not something that just happens. In order to become rich, you need to work hard to get to a high paying position. You’re not simply selected at random, as your experience and hard work will get you to the top. And by hard work, I don’t mean being able to do manual labor for 12 hours a day. I mean smart work. People will pay you more for what you know than for what you can do, because anyone can be trained to lift 100 pounds all day, but not everyone can manage a Fortune 500 company. (Oh yea, companies come and go from the Fortune 500 list every year because of how well they perform. It’s not a weighted scale so that the mom & pop shops can compete on the list with the Exxon’s of the world).
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Quit Bashing The Rich!
Posted by Scott in Entitlements, Taxes on April 15th, 2009
To all of you out there who think the rich are evil and need to be put in their place – STOP COMPLAINING!
You’re also probably complaining that they don’t pay their fair share of taxes. Since they make so much more than the average Joe out there, they should have to pay more, a lot more, right?
Well guess what? They are already! According to the Congressional Budget Office, in 2006 (the most recent year which data is available), the top 10% of households shared almost 73% of all individual income tax liabilities. The top 5% of households was over 60%, and the top 1% was over 39%.
Think about how fair that is.
If you were to go out to a fancy dinner with 10 friends, and the bill came to $1,000, would you have the person with the highest income pay $730 for his dinner, and split the remaining $270 among the 9 others? If you did, I’d bet that friend would find another group of people to go out to dinner with!
Then how is the current scaled tax system fair? Just because you don’t know the highest income earners personally, doesn’t make it right to stick them with the bill for your issues, does it? Think about the dinner example. Why should the rich person have to pay 73% of the bill if all he had was a salad, and everyone else got to eat steak?
Just some food for thought.
Source:
http://cbo.gov/publications/collections/tax/2009/tax_liability_shares.pdf
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Tuesday Morning Humor
Posted by Scott in Entitlements on March 24th, 2009
I received this in an email forwarded to me, and thought it was funny. Note: I haven’t verified the dollar amounts quoted towards the end, but I’m sure they are not too far off.
Enjoy!
The little red hen called all of her Democrat neighbors together and said,’If we plant this wheat, we shall have bread to eat. Who will help me plant it?’
‘Not I,’ said the cow.
‘Not I,’ said the duck.
‘Not I,’ said the pig.
‘Not I,’ said the goose.
‘Then I will do it by myself,’ said the little red hen, and so she did. The wheat grew very tall and ripened into golden grain.
‘Who will help me reap my wheat?’ asked the little red hen.
‘Not I,’ said the duck..
‘Out of my classification,’ said the pig.
‘I’d lose my seniority,’ said the cow.
‘I’d lose my unemployment compensation,’ said the goose.
‘Then I will do it by myself,’ said the little red hen, and so she did.
At last it came time to bake the bread.
‘Who will help me bake the bread?’ asked the little red hen.
‘That would be overtime for me,’ said the cow.
‘I’d lose my welfare benefits,’ said the duck.
‘I’m a dropout and never learned how,’ said the pig.
‘If I’m to be the only helper, that’s discrimination,’ said the goose.
‘Then I will do it by myself,’ said the little red hen.
She baked five loaves and held them up for all of her neighbors to see. They
wanted some and, in fact, demanded a share. But the little red hen said,
‘No, I shall eat all five loaves.’
‘Excess profits!’ cried the cow. (Nancy Pelosi)
‘Capitalist leech!’ screamed the duck. (Barbara Boxer)
‘I demand equal rights!’ yelled the goose. (Jesse Jackson)
The pig just grunted in disdain. (Ted Kennedy)
And they all painted ‘Unfair!’ picket signs and marched around and around the little red hen, shouting obscenities.
Then the farmer (Obama) came. He said to the little red hen, ‘You must not be so greedy.’
‘But I earned the bread,’ said the little red hen.
‘Exactly,’ said Barack the farmer. ‘That is what makes our free enterprise system so wonderful. Anyone in the barnyard can earn as much as he wants. But under our modern government regulations, the productive workers must
divide the fruits of their labor with those who are lazy and idle.’
And they all lived happily ever after, including the little red hen, who smiled and clucked, ‘I am grateful, for now I truly understand.’
But her neighbors became quite disappointed in her. She never again baked bread because she joined the ‘party’ and got her bread free. And all the Democrats smiled.. ‘Fairness’ had been established.
Individual initiative had died, but nobody noticed; perhaps no one cared…so long as there was free bread that ‘the rich’ were paying for.
EPILOGUE
Bill Clinton is getting $12 million for his memoirs.
Hillary got $8 million for hers.
That’s $20 million for the memories from two people, who for eight years, repeatedly testified, under oath, that they couldn’t remember anything.
IS THIS A GREAT BARNYARD OR WHAT?
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Are Welfare and Food Stamps Going too Far?
Posted by Scott in Entitlements on August 14th, 2005
Ben Franklin once said: “I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it.”Ronald Reagan once said: “Welfare’s purpose should be to eliminate, as far as possible, the need for its own existence.”
Yet about 250 years after Ben Franklin spoke those words and 35 years after Ronald Reagan spoke his, the dependence on government has never been stronger. Each year, billions of your dollars are spent funding social programs, such as welfare, subsidized housing, food stamps and a host of other “socially beneficial” programs.
This clearly isn’t what the founding fathers had in mind.
The founding fathers fought for independence from a king who taxed the colonies without representation to further the wealth of England. In their eyes, they were being taxed without seeing any benefit from it. This is where I stand on taxes that promote social programs. Where is the benefit? I am worse off after being taxed because I no longer have the money I paid in taxes in my pocket. The person who receives my tax dollars is no better off, because all they received is next month’s rent, or some cash to put some food on the table. They didn’t receive anything to help themselves, well, help themselves. If we’re going to be taxed anywhere up to 35% of our income (not including state and local taxes) I demand that something be done to honor the views of Franklin and Reagan.
Let’s make people on welfare work for the money they receive. And don’t make it some cushy job that they won’t want to leave, make it be the most awful jobs, that no one wants. Make them work next to felons walking along highways picking up the trash, and stamping license plates. They should be compensated, as even prisoners are compensated for the work they do – but it shouldn’t be any more than whatever the prisoners get paid, and if it is, no more than minimum wage. No holiday or overtime pay. When there’s work to be done, they should show up and get the job done. If they don’t want to show up, fine, they don’t get paid.
Now I can see there being a benefit to this. These unemployed people will be more willing to take a real job, even if it isn’t something that they really want to do, as even working at McDonald’s probably beats picking up someone else’s McDonald’s wrapper on the side of the interstate. With more people earning a wage in the private sector, there will be fewer people depending on the government for their paycheck – and as a result fewer people depending on you and I to pay higher taxes. These people will also start to pay taxes rather than consume them, reducing the burden on the rest of us.
Now there are some of you who will call me cruel for wanting to give these people jobs like this. But who says we have to give them anything? If you ask me, giving someone who is down on their luck a job, any job, is better than handing them money they did nothing to earn. At least this way they’ll take some pride in what money they do have, and want to earn more of it.
Social programs like welfare are the easy way out of a problem. They’re easy for the government, because they just write a check and it keeps the poor and the unemployed quiet. And they’re easy for the poor and the unemployed because they don’t have to do anything to get their checks, except of course for remaining unemployed. It shouldn’t be this way though. It just isn’t fair to those who take pride in what they do and earn a fair living. It isn’t right to take away what was earned and give it to someone who did literally nothing to earn it.
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A Birthday Wish
Posted by Scott in Entitlements on March 22nd, 2004
Today, March 22nd is my birthday. I am writing to the American people to ask for just one thing on my birthday. That one thing is for everyone to take responsibility for themselves and their actions.If you recently lost your job and are collecting unemployment, stop. Don’t accept another check. It’s my tax dollars that are paying you, and it isn’t fair to me to have to worry about your problems is it? After all it is my birthday isn’t it?
If you are retired and can’t afford your prescription medication, ask yourself “is it my responsibility to pay for my own drugs, or is it Scott’s?” If you fit in this category, think about returning to the workforce, even if it’s just part time, so that I don’t have to pay for your medication on my birthday. While I’m sure it’s nice to be retired, you’re not entitled to it. If you need money for any reason, don’t look to me for it unless you’re willing to work for it.
If you are a college student, or a graduate looking to go back to school, make sure you can do so financially. An education is a wonderful thing to have, but it’s your responsibility to pay for it. If you can’t afford it, get a loan, if you can’t get a loan, get a job and if you still can’t afford it then learn to love your job because I feel no responsibility to pay for your education. Especially on my birthday.
If you had unprotected sex, got pregnant and now realize that it was a big mistake don’t kill your child. It’s not their fault they were created, it’s yours so take responsibility for your actions. Besides, I don’t want to think about all the unborn children who died on my birthday.
In the end I guess all I’m really asking for on my birthday from the American people is nothing, and in return I don’t want to give anything (after all should I really have to give you a present on my birthday?). I want you to live your life with as little interference with me as possible. I don’t want you asking the government, that I pay taxes to, for more money for things that are ultimately your responsibility, not mine. All that does is place the burden of your problems on me (along with the millions of other taxpayers). And what kind of birthday present is that?
There are plenty of other Americans who share my birthday, so don’t think of this as a present to me, think about it as a present to all of us. And when you continue taking responsibility for yourself tomorrow, the day after and every other day of the year think about it as a present to all those who have a birthday on that day. After all, you wouldn’t want me knocking on your door on your birthday asking for money and complaining about all my problems would you?
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