Gateway Pundit mentions that thanks to Barack Obama and Democrats, the poor (financially that is) Taco Bell workers will suffer and lose work hours. The Taco Bell in Guthrie, Oklahoma cut its employees’ hours due to Obamacare. (Posted by: Religio-Political Talk)
Yahoo News also mentions that Wendy’s is the latest to follow suit:
Count Wendy’s as the latest fast-food restaurant to respond to Obamacare with a reduction in worker hours. Following some other chains that have made headlines recently, a Wendy’s franchise owner in Omaha, Neb., told about 100 workers in the area that their hours would be cut in anticipation of mandates in the Affordable Care Act (ACA)….
All these egalitarian people that think they are helping are not. For instance, the cost of health care (according to Obama) was suppose to come down… immediately. In fact, the Affordable Care Act is making health insurance rates rise (HotAir). Even BIG supporters of Obama’s campaign are laying people off and closing plants that produce medical equipment because of the cost of Obama-Care (Breitbart). Again, a favored quote of mine comes to mind:
“Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” ~ CS Lewis
Or put another way, when the cute bunnies attacked in “Search for the Holy Grail,” “RUN AWAY! RUN AWAY!”
Being passed around the right-o-sphere. As far as we know, we here at LR are the first explicitly libertarian group to join the effort. (Where ya at Cato, Reason, Libertarian Party?) We urge libertarian Republicans to shop Hobby Lobby. And use this latest case against any Democrats and Obama supporters you may know. Especially those who like to shop at Hobby Lobby.
Support Hobby Lobby in The Fight for Religious Liberty. The Green family isn’t only fighting for its right to religious liberty, but ours, too. Send a thank you note to the Greens (Becketfund.org) letting them know you’re standing by their side. Government forced Hobby Lobby to choose: Violate your conscience and stay in business or remain faithful to your conscience and be penalized up to 1.3 million dollars per day. Hobby Lobby chose to sue the government for their right – and ours – to operate their business in full accord with their faith.
The Little Sisters of the Poor, a Catholic religious group for women who have dedicated their lives to the service of the elderly, is concerned that after more than a century of service the Obama Administration will force them out of the United States. The order was previously banned in China and Myanmar. The Obama Admininistration may force them out of the United States.
The religious order claims the so-called contraception mandate in ObamaCare will make it impossible for them to continue their work in the United States.
What many Democrats seem to forget is that the reason for Big Business to join forces with Big Government, is to run any threat of competitiveness out of the market. To MONOPOLIZE. Obama’s policies are proving that these Big Businesses are not altruistic in their reasoning for pursuing such causes like Obama-Care and raising of taxes and more regulatory conditions. From over Obama-Care 2,000 waivers, to the stories below, Obama’s policies are filling the rolls of LARGE insurance carriers and forcing small companies who cannot compete with large “Warren Buffett” type firms to move many of their full-time workers to part time. FAILED policies.
What is funny — to give one more example — a family member of one of the Gay Patriots told him he was voting for Obama because he thought Republicans wanted to cut Pell Grants. Sorry Charlie:
This cut in eligibility was never mentioned by President Obama during the campaign, and when he boasted about increasing funding to the Pell Grant program, CNN fact-checked his claim as true. While the amount of government funding to the program is going up in future years, CNN failed miserably by not pointing out the cuts in eligibility to students. The cuts could be a rude awakening to students who thought President Obama was expanding their educational opportunities.
Hollywood is another example of this hypocrisy of avoidance, proving, yes PROVING, the Republican position. Hollywood and most in it campaign for higher taxes. But what is wrong with this is that after these taxes hit, they leave California to shoot movies in other states with lower tax-rates. Here Adam Corolla and Dennis Prager talk about this:
Another example of what Democrats voted for, unlike Bill Clinton who, yes, raised taxes but REFORMED social programs and CUT spending at the time. Obama is offering another stimulus (more government spending) that is about equal to any forecast gain in tax increases/revenue — the exact opposite of Clinton!
Like medical giant, Stryker, one of Obama’s biggest financial backers, laying off almost 1,200 workers to prep for Obama-Care, and the falling revenue (33%) of the Californian government showing in the the micro what higher taxes and more regulation does to the engine of the economy. Here are more stories of failure, and how these higher taxes will hit the retired folks that worked hard their whole lives, just to see it disappear. Google and Microsoft are two of Obama’s largest financial backers (Bloomberg):
The company avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenue into a Bermuda shell company, almost double the total from three years before, filings show.
Governments in France, the U.K., Italy and Australia are probing Google’s tax avoidance as they seek to boost revenue. Schmidt said the company’s efforts around taxes are legal.
We pay lots of taxes; we pay them in the legally prescribed ways,” he said. “I am very proud of the structure that we set up. We did it based on the incentives that the governments offered us to operate.”
The company isn’t about to turn down big savings in taxes, he said.
“It’s called capitalism,” he said. “We are proudly capitalistic. I’m not confused about this.”
[….]
Google’s overall effective tax rate dropped to 21 percent last year from about 28 percent in 2008. That compares with the average combined U.S. and state statutory rate of about 39 percent.
Costco also was a huge supported of Obama and is borrowing money to avoid paying higher taxes on it now (WSJ):
When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco COST +1.92% co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. So what a surprise this week to see that Mr. Sinegal and the rest of the Costco board voted to give themselves a special dividend to avoid Mr. Obama’s looming tax increase. Is this what the President means by “tax fairness”?
Specifically, the giant retailer announced Wednesday that the company will pay a special dividend of $7 a share this month. That’s a $3 billion Christmas gift for shareholders that will let them be taxed at the current dividend rate of 15%, rather than next year’s rate of up to 43.4%—an increase to 39.6% as the Bush-era rates expire plus another 3.8% from the new ObamaCare surcharge.
More striking is that Costco also announced that it will borrow $3.5 billion to finance the special payout. Dividends are typically paid out of earnings, either current or accumulated. But so eager are the Costco executives to get out ahead of the tax man that they’re taking on debt to do so.
[….]
To sum up:Here we have people at the very top of the top 1% who preach about tax fairness voting to write themselves a huge dividend check to avoid the Obama tax increase they claim it is a public service to impose on middle-class Americans who work for 30 years and finally make $250,000 for a brief window in time.
If they had any shame, they’d send their entire windfall to the Treasury.
Other companies as well that bundled, supported money (and press time to) Obama are doing the same (Townhall):
One of the people who will benefit from this deal will be Costco’s co-founder and former CEO Jim Sinegal who owns more than two million shares of its stock and will collect about $14.4 million from the special dividend. Had he taken that next year, he could be slapped with a tax rate of 43.4 percent if Obama’s proposed tax increases become law (boosting the tax rate on dividends to over 20 percent and adding a surcharge tax on millionaires).
Instead, Costco decided to pay its stockholders before Dec. 18 so that the special payoff plus a regular quarterly cash dividend of 27.5 cents will be taxed at the current 15 percent rate under the investment tax cuts wisely enacted under President George W. Bush in 2003.
This means Sinegal, who gave a prime-time speech in behalf of Obama’s re-election at this summer’s Democratic national convention, would avoid paying about $4 million in higher taxes next year.
Costco is not alone in its early tax-avoidance payouts. Many American businesses, from Wynn Resorts to Tyson Foods, have also declared special dividends to avoid the higher tax rate if the Bush rates expire.
One of the most notable Fortune 500 companies to join the pack is the Washington Post who endorsed Obama for a second term and has warmly embraced his tax increase plans. The media conglomerate has announced it will pay its 2013 dividends “before the end of this year to try to spare investors from anticipated tax increases,” reports the Associated Press.
Among those who stand to benefit from the Post’s beat-the-tax-deadline — and pocket a bundle of money — will be stock tycoon Warren Buffet and his Berkshire Hathaway firm, the newspaper’s biggest shareholder.
How can governments stop people from doing this, besides the right thing and lowering taxes to increase the amount of businesses staying in our country and wanting to move their operations here? Why, enforce the law with threat of prison and fines! Here is an example from France, whom, you’ll remember, raised the top rate to 75%, here is a story from Libertarian Republican (“stopped at the border… ‘papers please'”):
The President of France, François Hollande, announced today the possibility of reviewing the existing tax treaties with Belgium to prevent welthy people from moving to the neighboring country in order to evade taxes. One of the most recent cases was that of the famous actor Gerard Depardieu, who decided to set his house in the Belgian town of Néchin, where other wealthy French citizens live in order to benefit from a more lenient tax regime. “Everyone should have and ethical behavior, regardless of his job,” Hollande told reporters. The tax exile of the highest paid actor in France was described as a lack of patriotism, especially since he always boasted of its popular origins and occasionally denounced social inequities.
What other option is there? If you are Big Government that is!
1) On a dark street, a man draws a knife and demands my money for drugs;
2) Instead of demanding my money for drugs, he demands it for the Church;
3) Instead of being alone, he is with a bishop of the Church who acts as the bagman;
4) Instead of drawing a knife, he produces a policeman who says I must do as he says;
5) Instead of meeting me on the street, he mails me his demand as an official agent of the government.
If the first is theft, it is difficult to see why the other four are not also theft.
Harvard History Professor Niall Ferguson told CNN that overregulation would swamp the US economy and that he believes President Obama might take the country off the fiscal cliff to score political points against the GOP.
In March 2010 leading democrats and their lackeys in the state-run media were “just giddy” to report that they crunched some numbers and found the nationalized health care bill they were pushing would reduce the deficit by $138 billion.
It was a lie. Democrats knew it was a lie…
But, after several backroom deals they rammed the bill through Congress anyway.
Then in May of 2010 the CBO corrected the numbers and said Obamacare will cost taxpayers at least $115 billion more than promised. Democrats pulled a fast one on the American public.
Democrats promised that Obamacare would cost $940 billion when they rammed it through Congress. The actual cost has gone up with each revision.
The latest CBO estimate says ObamaTax will cost $2.6 billion nearly three times as much as Democrats predicted.
Despite these facts the Obama White House continues to mislead Americans on the cost of Obamacare… And the media allows them to get about with it.
Rick Moran writes on a post by M. Tanner over at PJ-Media:
As we get closer to the day when Obamacare moves from threat to reality, it seems probable that the resulting catastrophe for tens of thousands of businesses, as well as the massive increase in premiums for many families, will propel Republicans to majority status in 2014.
How many businesses will be forced to close shop? How many will cut back on the number of employees to stay in business? How many will refuse to expand, unable to handle the increased costs?
How many jobs will Obamacare cost?
Michael Tanner, senior fellow at the Cato Institute, lays out the grim reality:
Under ObamaCare, employers with 50 or more full-time workers must provide health insurance for all their workers, paying at least 65% of the cost of a family policy or 85% of the cost of an individual plan. Moreover, the insurance must meet the federal government’s requirements in terms of what benefits are included, meaning that many businesses that offer insurance to their workers today will have to change to new, more expensive plans.
ObamaCare’s rules make expansion expensive, particularly for the 500,000 US businesses that have fewer than 100 employees.
Suppose that a firm with 49 employees does not provide health benefits. Hiring one more worker will trigger the mandate. The company would now have to provide insurance coverage to all 50 workers or pay a tax penalty.
In New York, the average employer contribution for employer-provided insurance plans, runs from $4,567 for an individual to $ 12,748 for a family. Many companies will likely choose to pay the penalty instead, which is still expensive — $2,000 per worker multiplied by the entire workforce, after subtracting the statutory exemption for the first 30 workers. For a 50-person company, then, the tax would be $40,000, or $2,000 times 20.
That might not seem like a lot, but for many small businesses that could be the difference between survival and failure.
Under the circumstances, how likely is the company to hire that 50th worker? Or, if a company already has 50 workers, isn’t the company likely to lay off one employee? Or cut hours and make some employees part time, thus getting under the 50 employee cap? Indeed, a study by Mercer found that 18% of companies were likely to do exactly that. It’s worth noting that in France, another country where numerous government regulations kick in at 50 workers, there are 1,500 companies with 48 employees and 1,600 with 49 employees, but just 660 with 50 and only 500 with 51.
New York City’s small business could be particularly hard hit. Of the 238,851 city firms included in a state Department of Labor survey, 96% had fewer than 50 employees. How many of them, given the chance to expand, will look at the mandate and decide they’d rather keep their small business small?
Overall, according to the Congressional Budget Office, ObamaCare could end up costing as many as 800,000 jobs.
You read that correctly: 800,000 jobs. And that’s according to the CBO, a notoriously conservative outfit when it comes to projections. (Its current estimate of Obamacare’s cost from 2014-2023 is $2.6 trillion.)
Individuals and families who will be forced to buy their own insurance when companies drop their health insurance plans will be in for a shock. Even with subsidies, some families will end up paying nearly 10% of their gross income for health insurance.
The bottom line is mass confusion. Put simply, the American people are unprepared for such a massive change in their lives. Most people don’t realize that their current insurance coverage is inadequate. They actually believed the president when he looked into the cameras during his 2010 State of the Union address and assured citizens that they could keep the insurance plan they have now. Instead, government-mandated coverage for a wide variety of services that many current insurance plans don’t cover will radically alter health insurance for millions.
Many economists are already predicting a recession as a result of implementing Obamacare. Coupled with voters doing a slow burn over the sheer complexity and maddening bureaucracy that will come with Obamacare, the Republicans, if they play it right, should find themselves in an excellent position to put a stranglehold on Congress and set themselves up for an excellent chance to win the White House in 2016.
Three years ago, Dr. Keith Smith, co-founder and managing partner of the Surgery Center of Oklahoma, took an initiative that would only be considered radical in the health care industry: He posted online a list of prices for 112 common surgical procedures. The 51-year-old Smith, a self-described libertarian, and his business partner, Dr. Steve Lantier, founded the Surgery Center 15 years ago, after they became disillusioned with the way patients were treated at St. Anthony Hospital in Oklahoma City, where the two men worked as anesthesiologists. In 1997, Smith and Lantier bought the shell of a former surgical center with the aim of creating a for-profit facility that could deliver first-rate care at a fraction of what traditional hospitals charge.
The major cause of exploding U.S. heath care costs is the third-party payer system, a text-book concept in which A buys goods or services from B that are paid for by C. Because private insurance companies or the government generally pick up most of the tab for medical services, patients don’t have the normal incentive to seek out value.
The Surgery Center’s consumer-driven model could become increasingly common as Americans look for alternatives to the traditional health care market—an unintended consequence of Obamacare. Patients may have no choice but to look outside the traditional health care industry in the face of higher costs and reduced access to doctors and hospitals.
…the United States is actually more dependent on rich people to pay taxes than even many of the more socialized economies of Europe. According to the Tax Foundation, the United States gets 45 percent of its total taxes from the top 10 percent of tax filers, whereas the international average in industrialized nations is 32 percent. America’s rich carry a larger share of the tax burden than do the rich in Belgium (25 percent), Germany (31 percent), France (28 percent), and even Sweden (27 percent). ~ Washington Times
To set the stage for lowering taxes and Mitt Romney’s tax plan — the rich… the American rich specifically, pay the most taxes when compared to the rest of the world
This lack of understanding by the left leads to how they fight and lie and misrepresent what Mitt Romney says and will even twist other peoples work to win the day:
Last night, the Obama campaign blasted out another email claiming that Mitt Romney’s tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. “Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes,” said the Obama campaign press release. “In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000.”
But that’s not true. Princeton professor Harvey Rosen tells THE WEEKLY STANDARD in an email that the Obama campaign is misrepresenting his paper on Romney’s tax plan:
I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.
In 1987, Jean-Marie Le Pen called the gas chambers of Nazi concentration camps “just a detail in the history of World War II.” Explaining himself a few years later, the head of France’s National Front said: “If you take a 1,000-page book on World War II, the concentration camps take up only two pages and the gas chambers 10 to 15 lines. This is what one calls a detail.”
Such remarks cemented Mr. Le Pen’s reputation as Europe’s leading fascist. So what was one to make of the reception accorded the publication, in 1994, of “The Age of Extremes,” by the Marxist historian Eric Hobsbawm?
The book—subtitled “a history of the world, 1914-1991″—was hailed as “bracing and magisterial” by the New York Times. “Facts roll off Hobsbawm’s pages like thunderbolts,” gushed the New Republic. But search the index, and the words “Holocaust” and “Auschwitz” never appear. Nazi concentration camps get about 10 or 15 lines. As for the Soviet gulags, Hobsbawm devoted exactly two paragraphs to them.
Hobsbawm, who died in London Monday at age 95, was no Holocaust denier. Nor was he ignorant of the human toll imposed by communism, the ideology to which he remained faithful nearly his whole life. He acknowledged that the victims of Stalin’s tyranny “must be measured in eight rather than seven digits,” adding that the numbers are “shameful and beyond palliation, let alone justification.”
Yet Hobsbawm did justify them. “Like military enterprises which have genuine popular moral legitimacy, the breakneck industrialization of [Stalin’s] first Five-Year Plans (1929-41) generated support by the very ‘blood, toil, tears and sweat’ it imposed on the people,” he wrote. “Difficult though it may be to believe, the Stalinist system . . . almost certainly enjoyed substantial support.”
The rest of the book is shot through with similar rationalizations. That included the observation that “for most Soviet citizens the Brezhnev era spelled not ‘stagnation’ but the best times they and their parents, or even grandparents, had ever known.” As for Soviet dissidents, they were “anti-plebeian” elitists who “found themselves up against Soviet humanity as well as Soviet bureaucracy.”
None of this should have been surprising coming from a man who, over the years, gave his political assent to everything from the Nazi-Soviet Pact to the Soviet invasion of Hungary. Asked by the BBC whether the achievement of a communist utopia would have justified “the loss of fifteen, twenty million people,” he answered “Yes.”
Yet what are we to make of the warmth with which Hobsbawm is now being eulogized? Only this: That the world is far from recognizing that the crimes of communism were no less monstrous than those of Nazism. In treating the gulag as a detail of his history, Hobsbawm proved himself to be the moral equivalent of Mr. Le Pen. And in treating Hobsbawm as a paragon among historians, his admirers prove they’ve learned nothing from history itself.
