Now the TSA is wrongfully detaining people for carrying cash, and Ron Paul /Campaign for Liberty stuff. WTF? I hope Steve Bierfeldt sues the hell out of the TSA.

Link:

Well, once again Keith Olbermann has made an ass of himself, and shows how MSNBC is worse than FOX in being biased.

Let alone the point Boehner makes, listen when he throws that piece of shit bill to the ground. That is one hell of a thud from a piece of legislation.

http://www.youtube.com/watch?v=uuwgHNtyD54

One of the main goals of the proposed plan is to get money back to the states for ready projects. This just makes the federal government a middle man in supplying state and local governments with cash, with one hell of a fee taken out.

This program does not promise any new jobs, or any recovery in the current economic times. This success of this program depends on each state’s ability to manage it’s finances. The program expects each state to use its potential increase in available revenue streams to start state projects directly hiring employees, or to allow residents of that state to keep more money to spend on their own.

Here is my proposal:

Part 1: FEDERAL TAX CODE MODIFICATIONS.

Section A: Federal Income Tax Rate

All Federal tax codes will be modified to reflect a 10% cut in all federal tax rates. This only reduces tax rates, and will not cause credits or refunds. The beneficiaries of this federal tax cut will only apply to those who pay taxes.

With a drastic cut in the federal tax rate, each State will have the immediate opportunity to raise taxes to rectify state budget issues, and have immediate spending opportunities for necessary projects depending on the level each state decides to tax on the 10% federal break.

In addition, since the money “stays at home.” This will reduce the need for members of Congress to push for “pork” to get money in projects for their state. This will force and allow the Congress to focus on legislation for that benefits the United States as a whole, and not pork projects.

Section B: Dividends and Corporate Gains Taxes:

To act as an incentive to stimulate investing and to help recover the United States markets. Dividends on Stocks of Domestic Companies will be removed immediately. Foreign owned company dividends will be assessed a 5% tax at time of distribution.

Corporate Gains Tax Rates will be set to 5%.

Part 2: IMMEDIATE TERMINATION OF FEDERAL PROGRAMS

Since the federal government is reducing incomes through federal taxes, and giving states the opportunity to increase revenue through the tax code, all programs designed to distribute money to the states will be terminated. Programs such as the Federal Highway Program, Dept. of Education, Dept. of Health, and any other institution that distributes wealth to the states.

We need to get a way from the system that the majority of taxes gets distributed to the federal government, then sent right back to the states with strings attached. This will allow more efficient use of tax dollars, will end the debate that residents in some states pay taxes that go to other states.

This will open a more “free-market” or competition between states to try to persuade people to reside in their state. Some states may takes advantage of the opportunity to raise taxes by 10%, and some may let the people keep that 10%.

Part 3: REVOCATION OF T.A.R.P.

All distribution funds under the T.A.R.P program and the Auto Bailout will be revoked. All moneys distributed must be paid back to the Federal Government in 30 days.

Any recipient of the distributions that cannot pay back the funds in 30 days in cash, will have to pay with preferred stock at 200% the amount of distributed funds. The stock will give the federal government voting right and representation on the company’s board depending on the percentage of company stock owned. The company will not be allowed to issue any more preferred or common stock to dilute the ownership by the federal government.

Selection of any board positions, and share holder voting decisions will be decided by the President, or by a designated cabinet member by the president.

Companies forced to issue stock can buy back stock if and when cash becomes available to transition the federal government out of voting/board rights to the company. Stock can be purchased back from the Federal government at 115% of the current market rate or the original price the stock was issued at, whichever is higher.

Another fine musical number by Paul Shanklin heard on the Rush Limbaugh show!!!

http://www.youtube.com/watch?v=AZDAEWP0hfU