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Friday, March 14, 2014

Will Tax Reform Act of 2014 do more harm than good? Will the Getty Center lose its Funding?

One proposal from the 2014 Tax Reform Act of 2014 that has apparently some in the non-profit world concerned is a proposal that all non-profit funds can only be kept for five years. I find this proposal typical of what is wrong with how the present government thinks.

Why should only the non-profit sector be forced to pay down their wealth in five years, what about applying the 5 year spend down rule to the private sector, the billionaires and trillionaires as well. This is typical rule making that may adversely affect everyone but the rich elite.

And yet, I would much rather see consumers being given incentives to pay down their debts so that they can generate more local commerce, which in turn would increase government revenue at both the state and federal level while giving more people an income stream first, than telling anyone how and when to spend their money.

In the meantime, will we be saying goodbye to the J Paul Getty Center in Los Angeles if this 5 year spend down rule becomes law?




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Saturday, March 8, 2014

Jon Stewart exposes Fox News Food Stamp Hysteria.

I recall Jon Stewart being one of the media in 2008 that could not shut up about the Hillary Clinton / Barack Obama nomination race and simply let the voters decide, and instead pretty much came down in favor of Barack Obama. Probably because of his audience demographics. 

But in this instance, I think his take on Fox News expose' on food stamps is hilarious. The segment about "Give a man a fish, he eats for a day, teach him how to fish, he eats for a lifetime" is priceless.

What I find disturbing is how Fox allows all of these accusations to be made without verifying if any of them are even true.


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Saturday, March 1, 2014

More Evidence of the Integrity of the Bill Clinton Administration (and Hillary Clinton) regarding Health Care and what to say and not say.

I believe there really was a lot of heartfelt, intelligent internal White House discussions during the Bill Clinton years in the 90's. While Barack Obama had no problem slinging out impossible promises regarding ObamaCare, the Clintons purposely stayed away from false promises. CNN exposes the difference in this article.    

I've said it before, I'll say it now. Hillary Clinton was thrown under the bus in 2008 by George Soros and the higher echelon of the democrat party because she was not going to take crap from Wall Street, and she was not going to deceive the american people over Health Care Reform.

For Barack Obama during his 2008 campaign, it seems like it really was about the sky opening up and celestial angels singing and change would magically happen, aka, saying whatever it took to get elected.


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