Monthly Archives: September 2012
The United Nations is opening its General Assembly session, and with it comes plans of taxing the entire world.
“Fathom the hypocrisy of a government that requires every citizen to prove they are insured but not everyone must prove they are a citizen.” -Ben Stein
Now add this, “Many of those who refuse, or are unable, to prove they are citizens will receive free insurance paid for by those who are forced to buy insurance because they are citizens.”
January 1, 2013 is the day the largest tax increase in the history of the United States will take effect. Not only will all tax brackets rise in percentage of taxation, but the Bush tax cuts will be eliminated thanks to President Obama. This means that families, individuals and small businesses will be paying considerably more to the government in taxes. The combination of these multiple tax increases hitting all at once will be devastating to an already anemic U.S. economy.
Personal Tax Rates Will Rise on January 1, 2013 as follows:
While Canada improved their ranking to move into the top 5 countries on earth in terms of economic freedom, the United States, who held the number 2 spot in the year 2000 has fallen to number 18 in the world.
Record debt that has doubled since Obama’s inauguration lead to the credit rating of the United States being cut once before. The first time ever that our credit wasn’t rated at the highest level of AAA+. It has now been downgraded yet again from AA+ to AA-.
The Independent, a UK news source, reports the following:
“According to senior diplomatic sources, the US State Department had credible information 48 hours before mobs charged the consulate in Benghazi, and the embassy in Cairo, that American missions may be targeted, but no warnings were given for diplomats to go on high alert and ‘lockdown,’ under which movement is severely restricted.”