Financial Crisis

 
 

NSA Spying On Americans, Or is it a D N A Test Against Americans


Comment For Gullible Americans who believe in Government cover ups!
07-13-2013

Government Spying on their own people shows no respect for them and the laws, and there is some thing wrong. From what I can see with this is, that it is no different then the Government taking a D N A test from you and saying their won’t use it, but then use it to cover up a crime, and using you as the patsy, and if so you don’t have any recourse to prove that it was not you, once the Government does this you will never get out of it unless some one comes forward and tells the truth.

If you have not noticed, any Government will do any thing they want and get away with it, unless the American people start getting a back bone  and stop believing all the lies, and stand up against their corrupt ways and take control, and get rid of people who want to bring down our Country, if not, you will be under control of a Dictator Government very shortly, and never see a freedom again.

Associated Press: [In response, NSA spokeswoman Vines stressed that the agency is not  “unlawfully listening in on, or reading emails of, U.S. citizens.”]  

They don’t care about the law that it is Illegal to wire tap without a court order, or monitor calls with out telling people that they are being recorded.

Associated Press: [NSA officials have said the agency chose the Bluffdale location over 37  others because electricity is cheaper here, and land more easily available. The  center will constantly use 65 megawatts of power — enough to power 33,000  houses.]

NSA being a Government Agency is also a polluter to produce power for this, and is wasting energy with taxpayers money, and who is going to pay the carbon tax on the waste of this power-hungry facility, and how long do you think the Electricity will remain cheap, wake up people and get your head out of Governments A  , and stop believing every thing they say.    

If you are an American and believe our Government, then you are really Gullible in believing how trust worthy our Government really is today, if you have not noticed, they don’t care about you, only your money, just like the rich, that’s right they are also rich.

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Utah home to NSA’s new mega-warehouse for data

Associated Press
By BRADY McCOMBS | Associated Press
June 13th 2013

http://news.yahoo.com/utah-home-nsas-mega-warehouse-data-080502716.html

(AP) — The nation’s new billion-dollar epicenter for fighting global cyberthreats sits just south of Salt Lake City, tucked away on a National Guard base at the foot of snow-capped mountains. The long, squat buildings span 1.5 million square feet, and are filled with super-powered computers designed to store massive amounts of information gathered secretly from phone calls and emails.

Two small, weathered signs in the sagebrush greet interlopers to this place with a stark warning: “Military reservation. No trespassing.” But there is no visible marker bearing the facility’s name and operator: The Utah Data Center, brought to you courtesy of the National Security Agency.

When it opens this fall, the facility will be the NSA’s largest data storage center in the U.S. Just don’t ask Utah officials, and certainly not the residents of tiny Bluffdale, just north of the new center, to tell you exactly what will go on inside. They either don’t know, or aren’t saying. And the NSA is famously tight-lipped.

“We know it’s a spy center. But who are they spying on?” said Connie Robbins, an upholstery shop owner who lives in Bluffdale, a community of 8,000 some 25 miles south of Salt Lake City that is known for its rodeo and annual Old West Days.

The dearth of information has perpetuated a mystery that has spawned dozens of theories and a spoof website that even includes a phony code name for the facility: “Bumblehive,” a play on Utah’s nickname of the “Beehive State.”

Last week’s revelation that the NSA is collecting millions of U.S. phone records along with digital communications stored by nine major Internet providers illustrates how aggressively personal information is being congregated and analyzed — and shines a brighter light on what will be going on in secret at the Utah facility, scheduled to open in October.

NSA officials say the center will play a key role in the nation’s effort to protect national security networks, and allow U.S. authorities to monitor for potential cyberthreats. In an email, agency spokeswoman Vanee Vines said that “many unfounded allegations have been made about the planned activities” of the center.

“NSA would like to confirm, on the record, that the Utah Data Center is a state-of-the-art data facility designed to support the U.S. intelligence community’s efforts to further strengthen and protect the nation. Its operations will be lawfully conducted in accordance with U.S. laws and policies,” Vines wrote.

She provided no additional details, however.

Richard “Dickie” George, who retired from the NSA in 2011 after 40 years, said the facility isn’t nearly as interesting or mysterious as some think. He calls it little more than a giant storeroom. Inundated with increasing volumes of secretly taped phone calls, intercepted emails and poached records of online purchases, the NSA needed a mega-warehouse to put it all, he said.

“It’s just a big file cabinet out in the Western area,” said George, once a senior technical leader at the agency. “There is no spying going on there.”

NSA agents elsewhere will comb through the data stored in Utah as the agency attempts to understand how terrorist groups operate and who plays what roles, George said. Emails, articles, websites and videos on the Internet may hold clues about such activities, he said.

James Bamford, the author of several books on the NSA who last year wrote about the Utah center in Wired magazine, asserts that the facility will serve as the central depository for everything the NSA intercepts, functioning as the agency’s “cloud.” Analysts at NSA headquarters at Fort Meade, Md., and other agency sites will be able to access the information by way of secure, fiber-optic cables, he said.

The mammoth center, which cost some $1.7 billion, will allow the agency to store more and, perhaps more importantly, keep information for much longer. Bamford theorizes the facility will be able to hold a so-called yottabyte of information, the largest measurement computer scientists have. A yottabyte is equal to 500 quintillion pages of text, said Bamford, who believes the Utah center will store those phone records NSA gathered from Verizon Communications.

“Every day you pick up a telephone and call your grandmother or call your sons and daughters and mothers and fathers and whoever, records of those calls will be all kept in there — and may be kept in there forever. Who knows?” Bamford said.

In response, NSA spokeswoman Vines stressed that the agency is not “unlawfully listening in on, or reading emails of, U.S. citizens.”

NSA officials have said the agency chose the Bluffdale location over 37 others because electricity is cheaper here, and land more easily available. The center will constantly use 65 megawatts of power — enough to power 33,000 houses.

The secrecy and security surrounding the facility are necessary because the center will store classified information, and the code-breaking and spying activities of its staff are also highly classified and a target for foreign spies, said a former U.S. intelligence official who spoke on condition of anonymity because the official was not authorized to discuss the program publicly.

The official said the Salt Lake City area is ideal because of a high concentration of Mormons who have served overseas missions and learned foreign languages. The NSA relies on non-English speakers to translate communications from around the world, and Utah provides a pool of employees that meets this need, said the official.

There is another facility in Utah where the NSA has analysts who translate intercepted communications, but there will be no such analysts at the Bluffdale center, the agency said. Most of the 150 to 200 workers instead will be technicians charged with keeping the power on and the computers chilled and working.

George said the agency probably doesn’t need to be as hyper-secretive as it is but said such precautions are meant to avoid letting slip any insight that could tip off terrorist organizations and those who may wish harm upon the United States.

“It’s just not in your best interest to be talking about what you are doing,” he said.

It’s that air of uncertainty that has unnerved residents who live and work near the facility, located on the Camp Williams National Guard base. Some worry the center could become a target of terrorists if it holds so much valuable information.

“Say they were collecting data somebody didn’t want, say a terrorist,” said Shannon Neilson, a convenience store manager whose house is just miles from the center. “What if that’s a target for a plane hitting that, destroying everything?”

Late last month, a ribbon-cutting ceremony was held at the center to mark work being finished on the exterior. The celebration, however, was closed to the public — an exclusive, invitation-only gathering that barred even the mayor of Bluffdale. The NSA also rejected a request by city officials to take a group of visiting Utah mayors on a bus tour of the outside of the facility. The agency said all tours — even of the exterior — are prohibited.

At the University of Utah in Salt Lake City, educators are creating a certificate program that they hope will produce students ready to work at big data centers such as the Bluffdale facility. The NSA helped reviewed the curriculum, offering suggestions, and plans to offer internships to students, said Valerio Pascucci, director of the Center for Extreme Data, Management, Analysis and Visualization.

The program is designed primarily for undergraduate students studying mechanical or electrical engineering and computer science. So far, the Utah Data Center has yet to post jobs, Valerio said. “We are building a new expertise that obviously is going to be in growing demand in the future,” he said.

Bluffdale City Manager Mark Reid said he hopes the NSA center serves as a magnet for other, privately run data centers to the area. Unlike the NSA facility, those would be required to pay property taxes. Reid will travel to a data center conference in Washington, D.C., this month to promote Utah’s cheap power and ideal workforce. But if attendees ask about the new NSA facility, he’ll be short on answers.

“I know very little,” Reid said. “We just deliver the water.”

__

Associated Press Intelligence Writer Kimberly Dozier contributed from Washington, D.C.

Categories: Abuse, America, Corruption, Democrats, Financial Crisis, Freedom Lost, Governments, GREED, Money, Obama, Olympia, People, Politics, Republicans, Rich, Taxes, Unions, White House | Tags: , , , , , , , , | Leave a comment
 
 

Senate narrowly passes first budget in four years


Comment For:  Senate narrowly passes first budget in four years
03-23-2013

How about that the Senate finally got off their butts and finally passed a budget in four years, Now Wait a Minute, they did not do it for the Country, they did it for them selves, because of elections coming up in 2014 and are afraid for their job, this shows that they don’t care about this Country one red cent, and shows that they only got elected for the money, not the people who elected them.

Did these people ever go to School? I can not see how you can pay off your debt by spending more money, I guess what I learned in school was just waisted time when I could have continued working full-time then go to school, but what I learned in school was that if you spent more than you make, you have to pay it back or you go in to debt, but I guess that was wrong according to the way our Government looks at how debt works, lets see if you, lets say you make $10.00 dollars an hour and spend $20.00 dollars of that $10.00 dollars, over time you won’t have a debt to pay back?, from the way I see it, this is how the Government thinks, 2+2= 40 Two Dollars in taxes, put that Two Dollars in to the General Fund means Forty Dollars can be spent, that is Government Math. (Lack of, or over Education)

Every time Government talks about Entitlements they go against the people who will get hurt the most, but I have not seen or heard about the Entitlements that the Government and other organisations receives every year, they always go after the ones that will get hurt the most so they will pass more taxes so they can spend more on trash, junk, or other Countries, but not in this Country where it is needed. 

A Canadian said it right in the 70’s, http://youtu.be/oJ_okAgAUGE     and Americans have let it go on, they have become lazy, and not caring about the Country they live in (greed has taken control), they have let the Government take over their lives and every thing they do, they have not stood up against Government when they are told that their vote does not count, and the same thing when the Courts side with what Government wants, and let them get away with it, it is time that Americans get a Back Bone and stand up to the Government, Environmentalist, Special Interest Groups, and Religion Haters, and take OUR Country back, other wise, you get what you ask for, NOTHING,  but A Corrupt out of control Dictator Government.

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Senate narrowly passes first budget in four years

By David Lawder | Reuters
03-23-2013

WASHINGTON (Reuters) – The Senate on Saturday narrowly passed its first federal budget in four years, a move that will usher in a relative lull in Washington’s fiscal wars until an anticipated summer showdown over raising the debt ceiling.

The budget plan was passed by a 50-49 vote in the Democratic-controlled chamber. Four Democratic senators facing tough re-election campaigns in 2014 joined all the Senate Republicans in opposing the measure, which seeks to raise nearly $1 trillion in new tax revenues by closing some tax breaks for the wealthy.

The Senate budget, which reflects Democratic priorities of boosting near-term job growth and preserving social safety net programs, will square off in coming months against a Republican-focused budget passed by the Republican-dominated House of Representatives.

Neither of the non-binding blueprints has a chance of passage in the opposing chamber, leaving Congress no closer to resolving deep differences over how to shrink U.S. deficits and grow the economy. But they give each party a platform from which to tout their respective fiscal visions.

The Democrats’ plan from Senate Budget Committee Chairman Patty Murray aims to reduce deficits by $1.85 trillion over 10 years through an equal mix of tax increases and spending cuts.

The Republican plan from House Budget Committee Chairman Paul Ryan seeks $4.6 trillion in savings over the same period without raising new taxes. It aims to reach a small surplus by 2023 through deep cuts to health care and social programs that aid the poor.

Murray said after the vote that she would try to work with Ryan on a path toward compromise.

“While it is clear that the policies, values, and priorities of the Senate budget are very different than those articulated in the House budget, I know the American people are expecting us to work together to end the gridlock and find common ground, and I plan to continue doing exactly that.”

SHUTDOWN THREAT

Passage of a stop-gap government funding measure on Thursday lowered the temperature in the budget debate by eliminating the threat of a government shutdown next week.

“We’re going to get a breather here. Congress will let things cool off a bit and there’ll be other issues that come to the forefront in the spring,” said Greg Valliere, chief political strategist at Potomac Research Group, a firm that advises institutional investors on Washington politics.

These issues include legislation on gun control, immigration reform and initial work on simplifying the tax code, which is particularly important to Republicans.

Joining Republicans in opposing the Democratic budget were Democratic senators from conservative-leaning states: Max Baucus of Montana, Mark Begich of Alaska, Kay Hagan of North Carolina and Mark Pryor of Arkansas. Voting for a budget that raises tax revenues could increase their vulnerability in congressional elections next year and put Democrats’ thin majority at risk.

In the lead-up to the Senate vote early on Saturday morning, the body considered more than 100 largely symbolic, non-binding amendments to the budget aimed at scoring political points and staking out positions.

Among notable amendments, the Senate signaled strong support for allowing states more authority to collect sales taxes on Internet purchases [ID:nL1N0CEERE], for approval of the controversial Canada-to-Texas Keystone XL oil pipeline [ID:nL1N0CEE57] and for repealing a tax on medical devices imposed by President Barack Obama’s health care reform law.

The Senate also voted 99-0 to end policies that subsidized large banks considered “too big to fail” but came out against imposing taxes on industrial carbon emissions.

Ryan’s plan aims to reach a small surplus with no tax increases by 2023 through deep cuts to social safety net programs. This enables Republicans to claim that they are more responsible by balancing the budget.

“The House budget changes our debt course, while the Senate budget does not,” said Senator Jeff Sessions, the top Republican on the Senate Budget Committee.

BATTLE OVER “BALANCE”

In a taste of the ideological debates to come, Murray claimed that the Senate budget was more “balanced” because it emphasized job growth and offered an equal amount of revenue increases and spending cuts.

The Senate had not passed a budget resolution since 2009 because of fiscal policy disputes with House Republicans that forced Congress to turn to numerous stop-gap spending measures to avoid government shutdowns.

To protect their thin Senate majority, Democrats avoided exposing their members to potentially damaging votes to raise taxes ahead of 2012 elections, arguing that a 2011 budget deal set spending levels for several years and made the non-binding budget legislation unnecessary.

But this year, under the February debt limit increase law, members of both the House and Senate faced pay suspensions if their chamber had failed to pass a budget by April 15.

Although lawmakers in both parties have called for a return to normal budgeting procedures after years of stop-gap spending bills and high-pressure deadlines, there is little chance that they can work out differences between the two budgets.

“The idea of conferencing them is kind of a joke. You would expect that if there were a chance of success, they wouldn’t have planted flags on completely different planets,” said Sean West, U.S. policy director at Eurasia Group, a political risk consultancy.

Ultimately, it may take another 11th-hour deal between Obama and congressional Republicans to set a fiscal path forward as part of a deal to raise the debt ceiling, he said. The Treasury is expected to exhaust its borrowing capacity around late July or early August.

In 2011, a similar fight over the debt limit shook financial markets and cost the United States its top-tier credit rating.

(Editing by Pravin Char)

Categories: America, Corruption, Democrats, Financial Crisis, Governments, GREED, JOBS, Money, Obama, People, Politics, Taxes, White House | Tags: , , , , , , , | Leave a comment
 
 

What Does it Take for these Government Nitwits To Learn it has to STOP NOW


Comment For Nitwits
02-14-2013

If our Government keep going the way they are I am going dunce-cap-hatto start a dunce award scale, 1 to 5, and the article coming up I give this one a  FIVE 5

When are these nitwits going to under stand that they are the problems in this Country, just because people pay taxes that they are end less and can not sustain continual spending without consequences. Pay Raises and taxes need to stop now or we will be back into a Depression you will never get out of no matter what you do, and this Obama Administration has this Country headed in that direction on a fast track by telling you what to do, and if you have not noticed you better look harder, because you are blind.

Just look at what they are doing to this Country, they are putting people on the street with no place to go but an early grave, not all the people can not continue to pay for the people who can not live with what they have, BUT NO, they must have Fancy Streets, Fancy Buildings, these are the people who have to have something better than every one else, better Pay, better Benefits, and the Fancies Homes and Cars, well this all ends up costing every one else money they can not afford to continually pay.

Who said that College Education would teach you to be smarter than a High School Education, well who ever said it did not learn any thing in College, look at all these Politicians that brag about going to College and having a good education have come out being the Dummies people on earth, they don’t know the differences from a Penny to a Dollar, just like workers are a dime a dozen, but it is the knowledge of the job not the Education, you can have all the education in the world, but if you do not have the knowledge you know nothing, and our Government shows that.

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Should You Renounce Your Citizenship?

By Caroline Kim | Yahoo! Finance
Wed, Feb 13, 2013

Would you renounce your U.S. citizenship if it meant you’d be sending less of your hard-earned dollars to Uncle Sam?

As Americans face higher taxes and stricter enforcement, a growing number of them are, indeed, deciding to turn in their US passports. As of 2013, 77% of Americans will pay higher federal tax rates because the cuts in Social Security payroll taxes expired when Congress passed its tax package on New Year’s Day.

But the wealthiest households face the highest tax increases. From 2009 to 2011, the number of expatriates, or those who renounced their U.S. citizenship, doubled to 1,781.

Nigel Green, CEO of deVere Group, which provides financial services for expatriates, said that since the start of this year, 48% more of his clients in January than in a typical month inquired about moving funds abroad and the possible tax implications of changing citizenship.

The income tax rate rose this year to 39.6% from 35% for individuals earning more than $400,000 a year and married couples earning more than $450,000.

The Tax Policy Center estimated that those who earn more than $1 million would pay an average of  $170,341 more in taxes.

Green said there’s a tipping point for most people with regard to tax issues affecting their choice of location and citizenship. “If there’s only 10% tax [on income], no one would be leaving. But if there’s 90%, then most people would leave,” he said.

Federal taxes aren’t the only issue, though. Increases in state income tax rates factor into these decisions as well. Recently, California enacted Proposition 30, which raised state income tax rates to 10.3% from 9.3% for individuals making at least $250,000 and 13.3% from 10.3% for those earning at least $1 million. Golfer Phil Mickelson publicly voiced his concern over the tax increases and threatened to leave California because of the higher rates.

Famous Faces
In the first three quarters of 2012, more than 1,100 people left the United States, according to the Federal Register, which tracks Americans who renounce their citizenship. (The Federal Register doesn’t make note of why these people give up their citizenships; we can only guess there are financial considerations in many situations.) Among them, one of the most high-profile examples was Facebook co-founder Eduardo Saverin, who filed to relinquish his U.S. citizenship in September 2011; Facebook had its initial public offering in May 2012. Saverin, a Brazil native, had already been living in Singapore for three years after emigrating to the U.S. in 1998. He could reportedly save as much as $100 million in taxes because Singapore does not tax capital gains.

Saverin isn’t the only famous renunciation. Singer and socialite Denise Rich also gave up her citizenship last year under her maiden name, Denise Eisenberg. She is well-known as the ex-wife of former international fugitive Marc Rich, a commodities trader who was indicted on 50 counts of wire fraud, tax evasion, racketeering and other charges. But on his last day in office in 2001, former president Bill Clinton pardoned Rich. Reports claimed that Eisenberg gave up her citizenship to be closer to her long-time partner, an Austrian citizen. Austria also has tax benefits for nationals who live abroad for more than half the year.

Chinese kung fu star and actor Jet Li held American and Chinese citizenships, but dropped both in 2009 in order to be a citizen in Singapore. (Singapore prohibits dual citizenship.) In interviews Li indicated that he chose Singapore because it was free from paparazzi and provided language opportunities for his children.

Most recently, actor Gerard Depardieu made headlines for renouncing his French citizenship to become a Russian citizen in order to avoid France’s proposed 75% tax on earned income above $1.4 million. Russia has a flat 13% tax rate.

Ready to Tear Up Your Passport?
According to a 2012 study published by the Research Institute of Industrial Economics that examined the mobility of billionaires over the past two decades, “70% [of those billionaires] have migrated from higher to lower capital gains tax country … One-third of the billionaires that moved went to small countries defined as ‘tax havens,’” including Switzerland, Bahamas and Singapore.

If you want to join the pack, the process to renounce your citizenship isn’t very difficult.

The U.S. Department of State says that in order to do so, one must “appear in person before a U.S. consular or diplomatic officer, in a foreign country (typically at a U.S. Embassy or Consulate); and sign an oath of renunciation.”

But before you take the plunge, be aware that if you forego your U.S. citizenship, there’s no turning back. The U.S. government won’t reinstate it if you change your mind later — so think it over carefully.

In 1965, movie star Elizabeth Taylor attempted to expatriate to keep her European income from being subject to American tax law. But she did not get approval from the State Department because she refused to disavow “all allegiance to the United States of America.”

And you might be saving money in the long run, but you still have to pay an “exit” tax, according to the Heroes Earnings Assistance and Relief Tax Act passed in 2008. This applies to those whose net worth is $2 million or more, or whose annual income tax average for the past five years is $145,000 or more (as of 2008 and adjusted annually for inflation each year). One exception applies to people who were born with dual citizenships. For the exit tax, a 15% tax applies to capital gains above $651,000, and tax on other assets like a retirement account, would be at the normal income rate up to 39.6%. These assets are taxed as if the individual were selling or withdrawing their monetary funds from the accounts on the last day of their American citizenship.

Already Living Abroad?

So is giving up your rights and privileges as a U.S. citizen worth it? If you live and conduct business mostly in the U.S., it may not be the best decision. Renouncing your citizenship isn’t just about taxes— it also means no more protection from the U.S. government; possible issues with travel visas, including traveling and staying in the U.S. for long periods of time.

But it may be worth it if you already live in a foreign country. The U.S. is one of the few nations that taxes its citizens regardless of where you live in the world. As long as you remain a U.S. citizen, you will be taxed on your income even if you’re living abroad. But if you aren’t a citizen and live in a foreign country, you don’t need to pay any income tax.

“[Renunciation] seems to be more pronounced with Americans, and that’s more with Americans currently living abroad,” Green said. “It’s easier if you’ve already left the country. There are less factors involved [in changing citizenships].”

In the case of Saverin, he was already living in Singapore and did not have deep ties to the U.S. because he hadn’t been here very long. In his case, the financial benefits were clear: he would’ve paid a 35% federal tax rate in the U.S. in addition to 15% on capital gains, while in Singapore his tax rate would be  20% at most and no capital gains tax.

So how would your tax burden stack up? If you earn $1 million a year, that’s almost $396,000 you’re keeping in your pocket (based on the top 39.6% income tax rate) if you said goodbye to the U.S. and took up residency in a place like Monaco, which doesn’t tax income at all. If you were to earn the median household income of $50,054, according to the Census Bureau, then you’d be saving $12,500 (based on a 25% federal tax bracket).

Categories: America, Children, Democrats, Financial Crisis, Freedom Lost, GREED, JOBS, Money, Obama, People, personal freedom, Republicans, Rich, Taxes, White House, Yuppies | Tags: , , , , , , , , | Leave a comment
 
 

Is the Obama and Democrats Bank Swipe Tax in Your Future


Comment: Where did it all start, Can you Hear Obama & Democrats NOW
01-30-2013

78281926-jpg_001814Obama’s Protecting the middle and low-income people just got even better and more expensive, thanks to Obama and his Democrats with their Dodd | Frank control of the banking system on how to protect Americans with bank regulations, that the Democrats pasted because of banks greed and how they ripped off Americans, they call it Credit Card swipe Tax.

America Just keeps getting better and better every day.

Say goodbye to more bank branches  and job loses

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Credit card checkout fee taking effect

CNN Money
By Emily Jane Fox | CNN Money
01-29-2013

You might want to think twice before whipping out your credit card. As of Sunday, stores in most states could start charging you a “checkout fee” when you pay for something with plastic.

The new fees stem from a multi-billion dollar settlement announced in July between credit card issuers and millions of merchants.

Visa, MasterCard and nine major banks agreed to a $7.25 billion deal to settle charges that they were fixing credit card processing fees. As part of the settlement, credit card issuers said they would reduce these “swipe fees” — fees paid by merchants to issuers when cards are used — but only for eight months

In addition, the settlement also gave retailers the option to tack on a surcharge if a customer uses a credit card. The retailer can only charge enough to cover the processing costs, which is about 1.5 percent to 3 percent of the total purchase, according to watchdog group Consumer Action.

This fee doesn’t apply to purchases made using debit cards. And it will still be illegal to charge the new fee in 10 states: California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma and Texas.

Many big players in the retail industry have been up in arms about the settlement. Stores from the nation’s largest retailer down to small businesses have lamented the agreement, claiming that it transferred the wrongdoings of credit card issuers to the consumer.

In November, the National Retail Federation and more than a dozen retailers asked a judge to reject the proposed settlement. In a brief submitted to a U.S. District Court judge in Brooklyn, N.Y., the trade organization wrote that the new fees threaten a merchant’s ability to keep prices low for customers.

Wal-Mart, Macy’s, JCPenney, Limited Brands, Gap Inc. and The Neiman Marcus Group were among those who joined the NRF in claiming that “raising consumer prices by adding an ‘interchange tax’ is no remedy for Visa’s and MasterCard’s continuing monopoly abuse.”

In a separate statement, Wal-Mart said that it wasn’t interested in adding the surcharge to allow credit card companies to continue charging unfair fees. Target called the agreement “bad for both retailers and consumers.”

Merchants have a choice as to whether to implement the surcharge, but it poses quite a dilemma for them: Either get stuck footing the bill for the swipe fees, or risk transferring the cost to customers in an already competitive environment.

Last summer, Target said it had no interest in charging customers who use credit cards more “in order to allow Visa and MasterCard to continue charging unfair fees.”

Smaller merchants echoed these concerns over the deal, saying it doesn’t go far enough.
MasterCard said it doesn’t expect most merchants to put the surcharge into effect, since stores won’t want to drive away business.

“We anticipate that they will not impose checkout fees, particularly because the value merchants derive from card acceptance far exceeds their costs,” the credit card company said in a statement.

Categories: Abuse, America, Democrats, Financial Crisis, GREED, JOBS, Money, Obama, People, Taxes, White House | Tags: , , , , , , | 1 Comment
 
 

People and the Government and Taxes


Comment: What a Comment!
01-17-2013 or is 1920’s??
Going into the 30’s

DunceCapI might have some dumb comments, but they are no dumber than the way people act and things they do today, it is what I see and read that makes my opinion, Some might not be a true story today but usually ends up true later, but it is how I see it, and usually it does becomes fact down the road.

I remember a few years back when Nixon was elected on his Honesty, yet some did not trust him, and wallah look what happen, then no one admitted that they voted for him, well here we go again, another Honest President that has not done any thing but protect him self and his Family for life, but not YOURS, but a President who has done every thing to bring this country down, I have not seen so many U.S. Citizens so BRAIN WASHED  or BRAIN DEAD do so little to protect this County where they were born, I could say more, but that will be another Dumb story to what I see going on in this Country today from the past years.

How many of you will admit that things are going back to when the only way to have a job Guaranteed was to be a slave, from what I can see the last Four years is that slavery and Discrimination are coming back, but this time you have a four class system, Rich, Government, Middle, and the Slaves, it use to be Rich, Government, and Slaves.

Electric_Blue_Animated_Text_Terms_And_Conditions_8
Lets start at the top of the chart, the Rich will still not pay their fair share of taxes, they tell the Government what to do, the Government does what they are told, so the Government tells the Middle and the Slaves what they can earn and how they will be taxed, the Middle thumbs their nose at the poor and Elderly and tells them where they are going to live, and the Middle is one of the reasons why the Poor and the Elderly have a hard time to find a place to live, and why there are more homeless.

The POINT is, it is the PEOPLE who are the ones that are plotting the future of our Children not the Government, the Government only does what the People want, and that is the problem, the People today want more than they need, look around you, look at what your wants and gotta haves are doing to this Country, and who is going to pay for this all, if you have not figured it out by now than you are one of those DUMB and STUPID YUPPIES that gotta have the best of every thing, and bar the door untill you get it, while in the mean time you are putting your Children and Grandchildren in the poor house, so don’t blame one person, you are ALL TO BLAME, from the very Top to the to the very Bottom.

Today we have to many nambypambies that want it all but will not fight to protect it, but now that they are about to lose it, they are crying the blues, YUPPIES you can not have it both ways, you have to fight to protect it, or just sit back and let your freedoms go on its way of Cuba, China and North Korea, or under control of a Hitler type of Government where people are Executed by GAS because they do not like who you are. (DISCRIMINATION of your NATIONALITY)

Categories: America, Children, Democrats, Financial Crisis, Freedom Lost, Governments, GREED, Money, Obama, People, Profiling, Taxes, White House, Yuppies | Tags: , , , , , , , | Leave a comment
 
 

Who are the Winners & Who are the Losers


Comment:   Who are the Winners (Government) & Who are the Losers (Taxpayers)
January,02,2013

If this goes through it shows that Obama does not care about the non 2912600689_e08ffa84d9_zGovernment TAXPAYER, to think Obama signs an Executive Order a week before EVEN before they had a deal to vote on for the Fiscal Cliff (???), to give all Government Employees a pay raise. and not having any Idea the strain that it puts on low-income people who don’t have the advantage of getting raises,and stuck with an income that will never go up (if the Government gets their way), this is typical of all Government Agencies, raise Taxes, Wages, and prices on other things to spend money on, things that don’t have any thing to do with getting people back to full-time work.

greedy-businessman-cartoon-i3Then you have Big Corporation and Companies that get paid TEN to twenty times more than they should, and then have the gall to tell their Employees to go take a flying leap in to a pile of @#$% and to have the nerve to ask for a pay raise, and our Government Agencies are just as bad getting Raises and cost of living they don’t deserve that most Americans don’t get.

How come they waited until now Mon. Dec. 31 to come out with their pay raises that Obama passed a week ago (this should be the Americans saying ya or nay on their raises and how much), was he trying to sneak it through just like Obamacare before the Americans could find out.

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‘Fiscal Cliff’ Deal to Block Pay Hike for Congress

ABC OTUS News –
Mon, Dec 31, 2012

Legislation to prevent the government from going over the so-called fiscal cliff will also block a $900 automatic pay hike for members of Congress.

It’s one more reason for lawmakers to vote for the measure extending Bush-era tax cuts on individual income up to $450,000 while increasing rates for earnings above that threshold.

Under a 1989 law, lawmakers are supposed to receive automatic cost-of-living pay hikes, but as Congress’ approval ratings have fallen, lawmakers have routinely voted to reject the raise.

Lawmakers make $174,000 a year. They had already voted in September to block the pay raise through March 27, but President Barack Obama recently issued an executive order to implement it, along with a pay increase for federal workers.

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Fiscal Cliff’ Deal to Block Pay Hike for Congress

By ANDREW TAYLOR Associated Press
WASHINGTON January 1, 2013 (AP)

Legislation to prevent the government from going over the so-called fiscal cliff will also block a $900 automatic pay hike for members of Congress.

It’s one more reason for lawmakers to vote for the measure extending Bush-era tax cuts on individual income up to $450,000 while increasing rates for earnings above that threshold.

Under a 1989 law, lawmakers are supposed to receive automatic cost-of-living pay hikes, but as Congress’ approval ratings have fallen, lawmakers have routinely voted to reject the raise.

Lawmakers make $174,000 a year. They had already voted in September to block the pay raise through March 27, but President Barack Obama recently issued an executive order to implement it, along with a pay increase for federal workers.

Categories: America, Democrats, Financial Crisis, Governments, GREED, Money, People, Politics, Republicans, Taxes, White House | Tags: , , , , , | Leave a comment
 
 

Faults Promises of the Fiscal Cliff


Faults Promises as long as the Rich have Control of the Government.
12-29-2012


There are Faults Promises in the fiscal cliff, no matter what happens, the biggest losers no matter what the out come, is going to be the people who can least afford it.

They talk about Entitlements, it always comes up to Medicare, Medicaid, and Social Security, but what they are not telling you is that a lot of these Entitlements are for the Rich, take farm aid, WHAT, yes there a lot of Wealthy people who are getting this help as farmers that don’t even run their farm, these people are News people, CEOs who draw millions in wages who never see the farms they run except in a Picture, but yet they get this farm aid and leaving the real farmer struggling to keep their farms from going under and having to sell them to the Greedy Rich, this also includes Real-estate moguls.

Years back there was a bomb shell dropped about people getting farm aid that were not even a farm, they were a Tennis Ranch, a Horse Ranch, and it goes on, but they don’t want to touch these types of Entitlements because these are programs for the Rich. 

A good example of what is going on in this Country today, Government Agencies don’t under stand what all this spending to help the rich and people who want every thing, every time you want you put a strain on the poor who can not get pay raises every year, look how long it has taken to get a raise for people making minimum wage, and in the mean time cost of living has gone so high that low-income people are one step to living on the street because to find a place to live, the prices keep going up to where for every Dollar that is made Seventy Cents ($.70) goes to rent, what is left, Utilities, Gas to go to work and repairs, this takes another Fifteen Cents ($.15), then you have taxes, would you say that is Eight Cents ($.08), so what is left for food to feed your Family, Fifteen Cents ($.07) but yet they want to keep spending money that they don’t have, so who is paying the price, NOT the RICH.

They make statements like wages should be allowed to raise, this is just like Raising Taxes, Prices, this also goes for the Government, every time they get their Automatic Pay Raises and Cost Of Living, WHAT DO YOU THINK WILL HAPPEN, the same thing we are doing now, heading back to a Great Depression, but you better add another Great to that, but this time it will be total Destruction, because people today are so greedy that the person with the biggest BOMB will survive, but what will that prove, NOTHING, because there will be nothing left. If you look at it now, it has already started, killing and stealing, and Robbing others who don’t have it like the rich, go after them they got it not the poor.

Categories: Abuse, America, Children, Financial Crisis, Governments, GREED, JOBS, Obama, People, Politics, Profiling, Republicans, Rich, Taxes, Unemployed, Unions, White House, Yuppies | Tags: , , , , , , , | Leave a comment
 
 

White House seeks $60.4 billion for Sandy reconstruction


Comment: Baloney Yes Baloney
12-08-2012

They built it they can rebuild it not the taxpayer! (these states, with the highest tax burdens in the nation: New Jersey at 11.8% of income, New York at 11.7% of income) and they want every one else to bail them out, get rid of State Income Taxes, then it would be a different situation.
And just think they want every one else to rebuild their state, now before you tell me to stick it in my ear, people who live inland should get the help but not any one who lives on the coast or flood land who know that this time is inevitable and will definitely cause this much damage, so like they are always telling people, buyer, but in this case builder beware, you are responsible for what you do.

It not the responsibility of the U.S. Taxpayer or Insurance Company to KEEP rebuilding these homes because people wanted to build there, and the Government agencies in these states, Counties and cities are the ones who allow this to happen because the are GREEDY for as much taxes they can get away with.

They want you to believe that it is the responsibility of the Government to build sea walls to protect these homes, but look a what happen in LOUISIANA, a lot of the City is behind a seawall, where did the water go after the storm, it didn’t, it stayed there until they could get pumps to get red or it, the same thing will happen if you do the same thing  everywhere you want to keep the water out, pumps will be needed to get the water out, and this means more destruction.

So the moral of the story is, the people who real need the help from the Insurance and Government can not afford to pay the premiums because of the greedy who build where they should not.

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White House seeks $60.4 billion for Sandy reconstruction

By Olivier Knox, Yahoo! News The Ticket
12-07-2012

President Barack Obama formally asked Congress Friday for $60.4 billion to help states such as New Jersey and New York rebuild in the aftermath of devastating Superstorm Sandy.

“Our Nation has an obligation to assist those who suffered losses and who lack adequate resources to rebuild their lives,” acting Office of Management and Budget Director Jeffrey Zients said in a letter to Republican House Speaker John Boehner and Democratic Senate Majority Leader Harry Reid.

“Although estimates of the total damage of Hurricane Sandy remain in flux, current projections are that Sandy is on track to be the second or third most costly natural disaster in U.S. history, behind Hurricane Katrina (2005) and close to Hurricane Andrew (1992),” Zients wrote.

The emergency spending aid request “includes efforts to repair damage to homes and public infrastructure and to help affected communities prepare for future storms,” he said.

The news came a day after New Jersey Gov. Chris Christie met with Obama and top aides behind closed doors at the White House and then canvassed Capitol Hill.

Christie and New York Gov. Andrew Cuomo released a joint statement praising the bill, saying it would help the region “to recover, repair and rebuild better and stronger than before” and would offer states “maximum flexibility” in how to use the funds.

“We thank President Obama for his steadfast commitment of support and look forward to continuing our partnership in the recovery effort,” Christie and Cuomo said in the joint statement.

New York City Mayor Michael Bloomberg noted in a separate statement that the White House proposal did not include “everything requested” by officials in the region. Last month, state and local officials estimated that New York and New Jersey had incurred more than $80 billion in damages when the storm hit in late October.

Bloomberg also said officials “have always been realistic about the fiscal restraints facing the federal government. Now it’s up to Congress to come together and work in a bipartisan fashion. We need a full recovery package to be voted on in this session of Congress. Any delay will impede our recovery.”

Holly Bailey contributed to this report from New York.

Categories: Abuse, America, Financial Crisis, Governments, GREED, Health, Money, People, Politics, safety, Taxes | Tags: , , , , , , | Leave a comment
 
 

Higher Education, More Destruction of America


American Education Today
11-05-2012

Education means party, party party, drink more beer sit and watch shows that show how stupid they are, Like, Spongebob Squarepants, He can be easily fooled, you can tell him any thing and he will believe you, Homer Simpson, loves Beer, TV, Donuts, Beer, TV and his stupidity, Daffy Duck is full of himself. He thinks he is smart, good-looking, and Americans sit and watch this garbage and think it is educational and what their kids should watch.

The real horror to this is that America is going to look like a war zone in the next Twenty year or less, and our kids and grand-kids will have no place to live, let alone have a job, Is what the Future is going to be around the world and here if people keep letting the Government and Special Interest Groups tell you what to do and who to Elect:?

Really, this is the real decay of this Country from lack of putting money where it belongs.

Here is a good example of:
One: money poorly spent by not planing for the future in the past, this is what you get.
Two: allowing homes to be built to close to the Beach or on a Flood Plain, and any one who does should get nothing for their Stupidity, for they knew that it could happen.
Three: the State, City, or County should never allow any permits to be issued. (Greed is Why, for Taxes, not Safety)

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Take Global Warming, Obamacare, that is not going to destroy the world or this Country, People will through Greed for MONEY, that is what this is all about just another tax on the people for profit by the Rich.

But like I said at the beginning, that is what Education is all about today, Drinking Booze, thinking about your selves and Watching Cartoons and thinking that will solve all the problems of the world.

We don’t need Testing, we need in School Education at School not at home, if the Teachers can not teach in school then get rid of them and get people who will, if they go on strike get rid of them and get teachers who want to teach at SCHOOL.

Unless more jobs of all kinds are brought back, there will never be a time when this Country sees the days of the past when most people were working.

Categories: America, Children, Financial Crisis, Freedom Lost, Global Warming, Governments, GREED, Health, JOBS, Money, People, Rich, School Kids, Taxes, Unemployed, White House | Tags: , , , , , | Leave a comment
 
 

Jobs Not On The Unemployed List


Comment for lost farm land and jobs.
09-30-2012

A lot of this was once Farm Land and jobs, and without jobs, you have home less, home less can’t buy these homes that were once Farm Land, and the home less affects every one, and homes built on farm land means the Farm Land is gone forever, NOW if farm land is lost for YUPPY homes, where will your Food and Dairy products come from, SAME PLACE THAT YOUR OIL COMES FROM.  

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Obama is quick to say what he has done as to people he thinks he has put back to work, but how about the ones that this Administration has put out of Business along with Environmentalists, that are raising prices in the Grocery stores and making it to where these are providing food shortages.

Prices go up while Income goes Down, this also goes for the farmers profit and loss, not just for the Average American Worker.

If it is not Governments Taxing Farms out of Business, it is government regulations, ether way, once this land is lost it can never come back, because Governments will have it plowed under for more homes.

Obama is Shaking a lot of hands of Foreign Governments and making them big promises, BUT How ABOUT the American people who have to give up their freedom for His Promises to Foreign Countries, When are these Governments here in this country going to under stand that it is this Country that they were ELECTED to protect and make sure that jobs stay here.

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Calif dairies going broke due to feed, milk prices

By GOSIA WOZNIACKA | Associated Press
09-29-2012

HANFORD, Calif. (AP) — In nearly six decades of running a dairy in central California, Mary Cameron made a name for herself in a male-dominated industry: She led several dairy organizations and was honored as Outstanding Dairy Producer of the Year.

But the 82-year-old Cameron — who still drives a tractor and supervises her Hanford dairy — is on the brink of losing her life’s work. She can no longer pay the bills. Her bank has classified her loan as distressed. And she can’t afford enough feed for her 900 milking cows and 1,000 heifers.

“I have been in this business for 57 years and I have never been in financial trouble like I am right now,” said Cameron, who runs the Atsma-Cameron Dairy with her two sons. “I’m on the verge of bankruptcy. It’s horrible and inexcusable.”

Cameron is not alone. Across California, the nation’s largest dairy state, dozens of dairy operators large and small have filed for bankruptcy in recent months and many teeter on the edge of insolvency. Others have sold their herds or sent them to slaughter and given up on the business.

Experts say California dairymen face a double whammy: exorbitant feed costs and lower milk prices. The Midwest drought has led to corn and soybean costs increasing by more than 50 percent this summer, stressing dairymen from Wisconsin and Minnesota to Missouri. But in California, milk prices have also lagged behind those in the rest of the nation, exacerbating the crisis.

And while milk revenues in California have soared to over $7.5 billion in 2011, making milk the top agricultural commodity, higher revenues mean little, farmers say, because it costs so much more to produce the milk.

“I don’t think there’s a milk producer in the state who is profitable right now,” said Michael Marsh, CEO of Western United Dairymen.

Since 2008, California has lost nearly 300 dairies, with 1,668 remaining as of January, according to the California Department of Food and Agriculture. There are no official estimates on how many dairies have shuttered in 2012 — but interviews with dairymen and experts indicate several hundred dairies could be in danger of going under.

“It’s been like a floodgate,” said Riley Walter, a Fresno-based agricultural bankruptcy lawyer who has worked on 58 cases of dairies in financial trouble this past year — from bankruptcies, to liquidations, to operations taken over by receivers.

“Recently, I had two men over 60 years old who broke down and sobbed in court,” Walter said. “You would be surprised how much these men care about their cows.”

At the Overland Stock Yard in Hanford, owner Peter Belezzuoli said he sees two to three dairymen selling their entire herd every month, compared to about four per year before the crisis. More cows are being sold for slaughter, he said. And the value of dairy cattle has plummeted by as much as 50 percent in the past five years.

“It’s no different than the housing industry, where people lost all the equity,” he said. “People have the same cow, but now it doesn’t have the same value.”

Economists say milk and feed prices always fluctuate — but it’s the margin between the two that counts, and how far apart the thin years are.

Only three years ago, falling milk prices forced many dairymen to go under. The current crisis, dairymen say, came too quickly. Many still have unpaid loans, have exhausted their equity, and can’t get new loans.

For Cameron, who grew up washing barns and feeding cows, costs of production vastly surpass revenues. She’s losing $40,000 every month, she said.

Her parents emigrated from Holland in the 1920’s and started a dairy in California’s Central Valley. After college, Cameron followed in their footsteps: Her office wall is filled with awards and news articles touting her successful dairy career.

Today, Cameron owes $7.5 million to her banks and creditors, and has run out of cash for feed. To make ends meet, she has sold cows for beef and fed her herd less grain — but that means milk production is down and so is revenue.

Cameron recently saw a bankruptcy lawyer and may have to sell her entire herd and dairy.

“It just makes me sad,” Cameron said. “This is a world I love, this is my life.”

For her woes, Cameron blames state officials’ decision to keep milk prices lower than those in other states.

California has had its own milk pricing system for dairy since the 1930’s, separate from that operated by the federal government in other states. The California Department of Food and Agriculture sets minimum prices that must be paid to farmers in the state for five classes of milk.

In recent years, California’s prices tended to be lower than in other states. In 2011 and 2012, California’s price for milk used to make cheese was frequently $2 or more lower per hundredweight of milk than in the rest of the nation.

CDFA spokesman Steve Lyle said the reason for lower prices is that milk supply exceeds demand in California.

The glut forces California producers to sell much of their milk to makers of products such as cheese, which pays much less than selling milk for drinking. And since much of the milk is sold out of state, the price farmers receive is lower to reflect higher transportation costs.

Several dairy organizations filed suit in August, alleging that CDFA failed to follow the law when it refused to increase the minimum price of milk sold for cheese to bring it in line with prices around the country.

Economists say the market itself will lift prices: as more dairymen go out of business, fewer cows will produce less milk, which in turn will lead prices to go up.

For Cameron, higher prices would mean she could keep her dairy. When she dies, she wants her children to scatter her ashes in the corrals.

“That’s where I belong,” she said, “…that’s where I’ve been all my life.”

Categories: America, Children, Democrats, Financial Crisis, Freedom, Health, JOBS, Money, Obama, People, Taxes, White House | Tags: , , , , , , | Leave a comment

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