Did You Know…
President Obama recently quoted JFK regarding terrorism. Yet the two Presidents had sharply opposing solutions to helping the poor and improving the economy.
Reacting to the Great Depression, Republican Herbert Hoover imposed one of the biggest peacetime tax hikes in U.S. history. The range of taxes was enormous. Wartime excise taxes were revived, sales taxes imposed on gasoline, tires, autos, electric energy, malt, toiletries, furs, jewelry, and other articles; admission and stock transfer taxes increased; new taxes were levied on bank checks, bond transfers, telephone, telegraph, and radio messages; and the personal income tax was raised drastically including surtaxes up to 63 per cent. Hoover, not Roosevelt, laid the New Deal groundwork, a program that, according to economists, extended the Great Depression by 7 years.
In 1791, George Washington signed a 20-year charter for the First Bank of the United States. In the first five years, the government borrowed $8.2 million and prices rose by 72%. Central banks such as our Federal Reserve, loan money (notes) to the government as bank currency. The government repays the notes with interest bearing bonds. The government pays the interest by borrowing more Federal Reserve Notes. The vicious cycle always leads to inflation.
The African Rock Hyrax, a small Guinea Pig-looking mammal, has rounded claws and incisors similar to elephant’s tusks. The elephant’s closest relative has acute hearing and can go for long periods without water.
Congress’ Budget control Act of 2011 shaved a mere 2.5% off federal spending. The president has been attempting to unravel the cuts since their inception. All this is odd, since the sequester was President Obama’s idea. Read more.
After loudly heralding 2014 as the hottest year since the industrial revolution, NOAA quietly reversed themselves acknowleding that in fact 1836 was hotter. In a tweet, NASA’s Gavin Schmidt blamed the misinformation onthe press for not reporting the full findings. Read more.
While the media pointed to numerous climate scientists quick to point to NASA’s findings as proof man-made global warming is real, they all but ignored the growing opposition to the questionable claim.
In a stunning move that turns academic open-mindedness on its ear, the West Virginia board of ed voted to silence any opposition to the climate change debate.
The Affordable Care Act (ACA) set out to reduce the runaway costs of health plans, provide health coverage for all Americans, improve the quality of health plans and of healthcare delivery. In spite of much positive press coverage about the numbers of people insured, to date, the program has not met any of these laudable objectives, and probably never will.
If you found it tough getting a mortgage in 2014, look no further than the Consumer Financial Protection Bureau.
In actual case studies, patients with no insurance fared much better than those with the government program.
Rather than provide quality care, we now know that the Affordable Care Act simply dumped 71% of all uninsureds into the Medicaid program.
After years of promoting government-managed healthcare, Harvard faculty are now angry they must pay the increased premiums for the Affordable Care Act.
Today’s youth are suffering under the crush of college debt, and the Obama legacy of a massive federal debt and no jobs.
Common Core stunts chidren’s learning growth and ties teachers hands. This article by a teacher shows why CC must be fully removed from our schools.
Ever wonder why the administration touts the improved economy, but no one told your wallet? The recently released 2013 Census Report, Income and Poverty in the United States, contains some startling news.
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