Holder to brief black pastors on campaign 2012 | Campaign 2012 | Washington Examiner

Abuse of power 101…

Attorney General Eric Holder, the IRS, and the liberal lawyers at the ACLU will brief several hundred pastors in the African American community on how to participate in the presidential election — which the Congressional Black Caucus chair expects will help President Obama’s campaign.

“We will have representatives from nine denominations who actually pastor somewhere in the neighborhood of about 10 million people, and we’re going to first of all equip them with the information they need to know about what they can say and what they cannot say in the church that would violate their 501c3 status with the IRS,” Rep. Emanuel Cleaver, D-Mo., told MSNBC today.

“In fact, we’re going to have the IRS administrator there, we’re going to have the Attorney General Eric Holder there, we’re going to have the lawyers’ organization from around the country, the ACLU — all giving ministers guidance about what they can and cannot do,” he noted.

Holder to brief black pastors on campaign 2012 | Campaign 2012 | Washington Examiner.

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The Autoworkers Obama Left Behind

credit: Toban Black)

The White House fairy tale about the Happily Ever After Auto Bailout is missing a crucial, bloody page. While President Obama bragged about “standing by American workers” at a rowdy United Auto Workers meeting Tuesday, he failed to acknowledge how the Chicago-style deal threw tens of thousands of nonunion autoworkers under the bus.

In a campaign pep rally/sermon billed as a “policy speech,” Obama nearly broke his arm patting himself on the back for placing his “bets” (read: our money) on the $85 billion federal auto industry rescue. “Three years later,” he crowed, “that bet is paying off for America.” Big Labor brass cheered Obama’s citation of GM’s “highest profits in its 100-year history” as the room filled with militant UAW chants of “union made.”

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The $4 Billion Obamacare Slush Fund for Progressives

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If you like how the Obama administration’s multibillion-dollar “investments” in bankrupt solar companies have turned out, you’ll love the latest federal loan program to nowhere. It’s the Obamacare loyalty rewards program for progressives.

To appease liberal Democrats pushing for the so-called “public option” (the full frontal government takeover of our health care system), the White House settled for the creation of a $6 billion network of nonprofit “CO-OPs” that will “compete” with private insurers. It’s socialized medicine through the side door. House Republicans sliced about $2 billion from the slush fund in last spring’s budget deal and proclaimed the program dead. Hardly.

On Wednesday, the White House trumpeted the release of nearly $700 million in taxpayer-funded low-interest loans for seven CO-OPs in eight states. Administered by the Centers for Medicare and Medicaid Services, the fund will pour more money into CO-OP plans nationwide throughout the next year. In 2014, according to Washington bureaucrats, the plans will be offered on the federally approved and federally monitored state health exchange “marketplace.”  read more

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Obama Dividend Tax Would Devastate Retirees

Tax (Photo credit: 401K)

 

Buried within President Barack Obama’s 2013 budget is a proposal to triple the tax rate on corporate dividends which now stands at 15 percent, a move that would have a severe effect on retirees, The Wall Street Journal notes in an editorial.

Obama is proposing to raise the dividend tax rate to the higher personal income tax rate of 39.6 percent, according to the Journal. The rate jumps to 41 percent with the planned phase-out of deductions and exemptions and then hits 44.8 percent with the 3.8 percent investment tax surcharge in Obamacare.

“Of course, the White House wants everyone to know that this new rate would apply only to those filthy rich individuals who make $200,000 a year, or $250,000 if you’re a greedy couple. We’re all supposed to believe that no one would be hurt other than rich folks who can afford it,” the Journal wrote.

“The truth is that the plan gives new meaning to the term collateral damage, because shareholders of all incomes will share the pain. Here’s why. Historical experience indicates that corporate dividend payouts are highly sensitive to the dividend tax. Dividends fell out of favor in the 1990s when the dividend tax rate was roughly twice the rate of capital gains.”

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EDITORIAL: Big Brother Obama is watching – Washington Times (via Gds44′s Blog)

Citizen snitches are asked to detail who the attacker is, the type of attack, and whether the offending words were actually heard or passed along as second-hand rumors.

EDITORIAL: Big Brother Obama is watching – Washington Times. Creepy new website monitors dissent from administration policies Be careful, if you dare to criticize Citizen Obama, comrade. The Web is watching. This week, President Obama’s re-election team launched “Attack Watch,” an interactive website that allows the president’s registered supporters to report instances of “attacks” against the commander in chief or his record. Citizen snitches ar … Read More

via Gds44's Blog