GOP Speaker Proposed Allowing Tax Rates on those Making $1 Million or More (UPDATE: Obama rejects Offer)

Republican Speaker of the House John Boehner  has proposed allowing tax rates to rise for those individuals making $1 million or more. Of course this tax hike is conditional on President Obama agreeing to major entitlement cuts. This will likely go no where as any honest thing person knows that the revenues from tax increases on individuals making $250K as Obama wanted would only fund the government for 8 days, $1 million would probably fund the government for three.

$1 million dollars!!!

Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks.

It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking the Bush-era tax rates for top wage earners, including those with annual incomes of $1 million or more annually, beginning Jan. 1, two sources said.

UPDATE I: Barack Obama rejects Speakers offer.  Obama will not be happy until he gets it all his way. And he knows the wuss Boehner will cave. 

President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.

Ronald Reagan Warned Us of Barack Obama 40 Years Ago … Reagan Sums Up Obama in 5 Minutes, Man I Wish he was Still President

Who misses President Ronald Wilson Reagan?

Watch the VIDEO below and you will hear a speech from Ronald Reagan warn us of an individual like Barack Obama some 40 years ago. Those who understand what it means to lead and what it means to have an economy that is prosperous knew during Reagan and we know today that a government cannot spend its way to prosperity.  As Ronald Wilson Reagan stated years ago, government is the problem, not the solution.

As Reagan asked, “Do we still know the freedoms that the Founding Fathers had intended for us?” Man how I miss that man.

Liberal Comedian Jammie Foxx Thinks its Funny to Joke About Killing Whitey, “I kill all the white people in the room” … How Great and Black is That? (VIDEO)

SHAMEFUL DOUBLE STANDARD … Welcome to Obamaland where reverse racism is deemed perfectly ok. This is the divisive crap that America is going to have to put up with.

Who knew it was funny to joke about killing whitey? It would appear Saturday Night Live, Jammie Foxx and the audience did.  Foxx’s entire monologue was based upon, “How black is that”. Foxx began by saying, “I am dressed in black, because its good to be black. Black is the new white.” He then went on to say the following “kill whitey” comment that drew cheers from the audience. UNREAL. Imagine if a white actor/comedian said it was great to kill blacks people? Just imagine.

 “I got a new movie coming out ‘Django Unchained’. And in the movie I got to wear chains, how whack is that. But don’t be worried about it because in the movie I get out of the chains. I get free. I save my wife and I kill all the white people in the movie. How great is that? And how black is that”?

Some one might need to remind Jammie Foxx, the folks at SNL and those who ignorantly laughed at Foxx’s jokes of some words from a far more famous and influential black person than Jammie Foxx or Barack Obama. Obviously Jammie Foxx has no character.

I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character. (Martin Luther King, Jr.)

 ”I kill all the white people in the room” … How great  is That?

It is truly sad that people of color are making color such a big issue. I thought that liberals wanted there to be no color barrier and all people should be treated the same? So then why do they keep bring the issue of color up? Imagine, just imagine what would be said of a white, Tea Party comedian who’s routine was based upon “how white is that” referenced killing all the black people in the room? They would be branded a racist, a member of the KKK and fired. How sad is it that Democrats continue with the racially divisive speak?  If I did not know better I would almost say they are baiting folks into a race war.  Just curious, had Romney won the 2012 election would it have been ok to say that “white is the new black”?

Newsbusters reminds us that it was just mere weeks ago that Jammie Foxx made another ignorant and outlandish comment when he stated,”President Obama “Our lord and savior.”

Welfare Spending = $168 Per Day for Every Household in Poverty … $137 Median Income Per Day

We have reached a tipping point, welfare spending now more than medium income …  what has happened to our country? America, do you still remember what the word pride means?

As reported at the Weekly Standard, the amount of money spent on welfare programs equals, when converted to cash payments, about “$168 per day for every household in poverty.”  Welfare spending per day per household in poverty is $168, as opposed to the median income per day is only $137. Can you say unsustainable? People are going to begin to say, why work? And that is exactly how you crate a socialist society. At some point this has got to stop. For all the welfare spending, it has accomplished nothing except to create a dependent welfare class of people whose vote can be bought and the loss of liberty and self-respect.

According to the Republican side of the Senate Budget Committee, welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.

“Based on data from the Congressional Research Service, cumulative spending on means-tested federal welfare programs, if converted into cash, would equal $167.65 per day per household living below the poverty level,” writes the minority side of the Senate Budget Committee. “By comparison, the median household income in 2011 of $50,054 equals $137.13 per day. Additionally, spending on federal welfare benefits, if converted into cash payments, equals enough to provide $30.60 per hour, 40 hours per week, to each household living below poverty. The median household hourly wage is $25.03. After accounting for federal taxes, the median hourly wage drops to between $21.50 and $23.45, depending on a household’s deductions and filing status. State and local taxes further reduce the median household’s hourly earnings. By contrast, welfare benefits are not taxed.”

Sadly, Doug Ross may have best summed up this disastrous overspending on the welfare state, “We are headed for fiscal collapse — and the welfare state keeps growing like a cancer, incentivizing sloth, formalizing a culture of dependency, and killing self-sufficiency.”

Just curious America, do you even care anyone about your country, why it was founded for Liberty?

The Great Obama Unemployment Lie: Unemployment Rate Drops to 7.7% for November 2012 … Lose 350,000 from Labor Force & 73% of Civilian Jobs Created in the Past 5 Months Were Government Jobs

WHAT A JOKE … THE GREAT OBAMA LIE THAT THERE IS MOMENTUM IN THE JOB MARKET, JOB GROWTH AND THAT THE UNEMPLOYMENT RATE IS GOING DOWN.

Yesterday it was reported that the unemployment rate for November 2012 dropped to 7.7%. Wow, great news right? More people must be getting jobs, so then the job market must be getting stronger. NOT SO FAST MY FRIEND. Although the unemployment rate went from 7.9% to 7.7% in November, a mere 146,000 jobs were created. It is exactly this government lie that the economy is supposedly getting better that is the cover for Obama to raise taxes. Every business,  struggling family and out of work individual knows the economy is not getting better. But the fabricated numbers put forth perpetrate the Obama lie that things improving. Everyone knows that it is economic suicide to increase taxes during a recession or struggling economy, so what do you think is going to happen when taxes are raised during this so-called job growth economy?

I can’t believe Americans are buying my BS, fooling these people was easier than I thought

CNBS Video: Rick Santelli: ‘They Love to Fib About Statistics’

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 4.8 million in November. These individuals accounted for 40.1 percent of the unemployed. (See table A-12.)

The civilian labor force participation rate declined by 0.2 percentage point to 63.6 percent in November, offsetting an increase of the same amount in October. Total employment was about unchanged in November, following a combined increase of 1.3 million over the prior 2 months. The employment-population ratio, at 58.7 percent, changed little in November. (See table A-1.)

So how does the rate tick down so much with so few jobs created? The unemployment rate did not go down because there is job growth, it went down due to workers leaving the work force. As reported at the Heritage Foundation, The labor force declined by 350,000 and the labor force participation rate declined to 63.6%. More reported at Zero Hedge with easy to to charts that show the real reason why the unemployment rate dropped  as  as the number of people out of the labor increased by over 540K to 88,883,000.

The only reason that the unemployment rate fell was because more people dropped out of the labor market than actually found jobs. The labor force declined by 350,000 and the labor force participation rate, a measure of potential workers, declined to 63.6, the same level as reported in September. The recovery is well underway, yet potential workers continue to remain on the sidelines and out of the labor market. One reason is that approximately 1.5 million more potential workers are on the disability rolls now as compared to 2007. It is doubtful that many of them will ever return to the labor force, lowering future economic growth.

Just when you thought that what little jobs that were being created was a good thing … THINK AGAIN. The key word America is “think”. As reported at CNS News, as private sector companies are laying people off in droves, 73% of civilian jobs created in the past 5 months were government jobs. What a great job recovery, one fueled by the government creating 7 in 10 jobs and John Q. Public, “We the People” having to pay their salaries. So how is this good for the economy?

In June, a total of 142,415,000 people were employed in the U.S, according to the BLS, including 19,938,000 who were employed by federal, state and local governments.

By November, according to data BLS released today, the total number of people employed had climbed to 143,262,000, an overall increase of 847,000 in the six months since June.

In the same five-month period since June, the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs created in the last five months equal 73.3 percent of the 847,000 new jobs created overall.

You elected this America. You wanted four more years of this fiasco. Maybe some of you should just keep to voting for American Idol only. I wonder how the MSM would have reported these terrible jobs numbers if a Republican had been president?