• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Guest Post: Boiling Frog Alert: Congress Wants Automatic Wage Deductions To Pay Down The Debt

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Fri, 07/08/2011 - 17:53 | 1438462 iinthesky
iinthesky's picture

You know.. if they had some balls they would write in there that everything you give IS 100% deductible AND you can elect to shift your income tax to this program instead of having all your taxes go to transfer payments to the Federal Reserve System and its owners. if you have the slightest doubt that this is where your taxes go I would say think about this bill and what it purports to do and what you all have been saying. There already are ways to give more.. Why the need for this bill then? because whatever you give doesnt go directly to Treasury. It goes to the FRBNY. From there to the IMF. Look into it.

Fri, 07/08/2011 - 22:21 | 1438988 G-R-U-N-T
G-R-U-N-T's picture

.

Sat, 07/09/2011 - 06:19 | 1439316 onthesquare
onthesquare's picture

Reading between the lines comes out the strong point that of even asking the questions should reveal the desperation that exists.

Either that or these guys are screw balls.

Fri, 07/08/2011 - 18:05 | 1438484 jerry_theking_lawler
jerry_theking_lawler's picture

is that the silence of the lambs version or the JOE DIRT version....

Fri, 07/08/2011 - 18:35 | 1438549 mkkby
mkkby's picture

Just reduce the wage of any employee that signs up for that -- call it a service charge.  Make it large enough so they leave.  Done.  No more paper work.

Fri, 07/08/2011 - 15:36 | 1437954 Jack Mayoffer
Jack Mayoffer's picture

Legalize and tax Weed Bitches!

Fri, 07/08/2011 - 15:48 | 1438025 coppertop
coppertop's picture

WTYF is a weed bitch?

Fri, 07/08/2011 - 16:15 | 1438155 Kali
Kali's picture

My friend's ex-girlfriend. 

Fri, 07/08/2011 - 16:48 | 1438258 ihedgemyhedges
ihedgemyhedges's picture

Yeah sure, your "friend's" ex-girlfriend...........

Fri, 07/08/2011 - 19:27 | 1438663 gmrpeabody
gmrpeabody's picture

WTF is WTYF?

Fri, 07/08/2011 - 16:25 | 1438175 kito
kito's picture

weed grown from stem cells

Fri, 07/08/2011 - 18:45 | 1438577 dearth vader
dearth vader's picture

No, that must be bitch weed

Sat, 07/09/2011 - 08:23 | 1439355 Urban Roman
Urban Roman's picture

'druther have it grown from bud cells. Just sayin'

Fri, 07/08/2011 - 15:51 | 1438039 SilverIsKing
SilverIsKing's picture

DOES ANYONE KNOW THE NAMES OF THE CONGRESSMEN WHO SPONSORED THIS JOKE?

Fri, 07/08/2011 - 16:04 | 1438095 macholatte
macholatte's picture

 

H. R. 2411

To provide for an employee election on Form W-4 to have amounts deducted and withheld from wages to be used to reduce the public debt.

 

IN THE HOUSE OF REPRESENTATIVES

 

July 6, 2011

Mr. CRAWFORD (for himself, Mr. TIBERI, Mr. FINCHER, Mr. LANDRY, Mr. DENHAM, Mr. DOLD, Mr. FLORES, Mr. GRIFFIN of Arkansas, Mr. AUSTIN SCOTT of Georgia, Mr. HUIZENGA of Michigan, Mr. PALAZZO, and Mr. GUINTA) introduced the following bill; which was referred to the Committee on Ways and Means

 

IMHO that group was only smart enough to do as they were told to get elected. So the question I have is this: Who put them up to it?

 

Fri, 07/08/2011 - 16:55 | 1438283 macholatte
macholatte's picture

 

Congressman Rick Crawford (R-Ark.)

U.S. Congressman Pat Tiberi (R-OH)Congressman Stephen Fincher.

U.S. Representative Stephen Fincher (R-Frog Jump TN)

Congressman Jeff Landry (R, LA-03)

Rep. Jeff Denham, (R-Calif)

U.S. Rep. Robert Dold, (R-Kenilworth Ill)

U.S. Congressman Bill Flores (R-Texas)

Congressman Tim Griffin (R-AR-02)

U.S. Congressman Austin Scott (R-GA-08)

U.S. Rep. Bill Huizenga, (R-MI-02)

Congressman Steven Palazzo (R-MS-04)

Rep. Frank C. Guinta (R-NH)

Fri, 07/08/2011 - 17:05 | 1438333 W T Effington
W T Effington's picture

I apologize that we Texans sent one of these assholes up there.

Fri, 07/08/2011 - 17:55 | 1438467 jerry_theking_lawler
jerry_theking_lawler's picture

Palazzo 'was' my guy...not after this sham of a bill....what the F*** are they thinking....

Fri, 07/08/2011 - 19:33 | 1438672 gmrpeabody
gmrpeabody's picture

That's just it. They don't think. Why would it not occur to them that these deductions  be tax deductible? Let's follow up and see if they all signed up for the 3%.

Fri, 07/08/2011 - 19:30 | 1438666 whstlblwr
whstlblwr's picture

Yes, I reach boiling point with this ridiculous post. Most Sovereign Man posts seem pointless I notice. Isnt there some other legislation that is true problem, this is nothing. His blog silly and easy to deconstruct if had time.

Fri, 07/08/2011 - 21:01 | 1438835 knowless
knowless's picture

i bet alot of people thought that way about the income tax, since, you know, it's voluntary and all.

who in their right mind would pay an income tax? a tax on my labor? i'm going to pay you so i can work.. how does that even make sense?

Sat, 07/09/2011 - 11:09 | 1439520 whstlblwr
whstlblwr's picture

This completely different. First clue you can tell it nothing is sponsors, no one important and few.

This Soverign Man person discredit ZH and show ignorance in how politics work.

People get riled up by stupid bill. This is stupid. It go nowhere and distraction. Just go to thomas.loc.gov to see have many million bills, simple and stupid get sponsored. Many, many. some even you can't believe anyone sponsor.

Fri, 07/08/2011 - 21:19 | 1438870 arizona11912
arizona11912's picture

Thats because this Simon guy is a salesmen. He's making dough off of people's fears. While some of the things he says are certainly valid a lot of it is simply oversimplified bs...just saying

Sat, 07/09/2011 - 04:24 | 1439285 Sudden Debt
Sudden Debt's picture

That "Texan" lives already more then 20 years in Washington. That's not a texan anymore.

 

Sat, 07/09/2011 - 07:15 | 1439340 Zero Govt
Zero Govt's picture

"I apologize that we Texans sent one of these assholes up there."

The Bills movers are ALL Republicans ...anyone going to apologise for the sad-fuks of the Rep Party or are they too embarrased to poke their heads out of the sewer? 

Fri, 07/08/2011 - 17:23 | 1438392 -Michelle-
-Michelle-'s picture

I'm torn between hoping they were stupid enough to believe they were making all payroll contributions voluntary and... well, nothing.  I'm hoping for stupid.

Fri, 07/08/2011 - 17:55 | 1438468 Rainman
Rainman's picture

Outstanding idea from the zoomen !! Now I can redistribute my wealth voluntarily and invite my liberal acquaintences to do likewise. I see win/win.

Fri, 07/08/2011 - 19:42 | 1438688 Hook Line and S...
Hook Line and Sphincter's picture

Listing congressmen like this is a flagrant and heartless betrayal to the assistance they are proving their constituency. All voting records should be private, and not under the purview of the ignorant public. Posting such should be an offense, punishable by forcing the perpetrator to dress in a maids outfit, and forcibly inserting a mouth prop into his/her oral cavity. This will allow the elected to insert various objects that will supply their need for quick tension relief from their day to day activities.

Fri, 07/08/2011 - 21:04 | 1438840 knowless
knowless's picture

I bought it username. near perfect word choice, a few formatting/spelling changes and you could work for the government.

http://www.youtube.com/watch?v=Z5npVNERoyw

Fri, 07/08/2011 - 22:59 | 1439043 Tom Terrific
Tom Terrific's picture

Take good note.  Here's just how "small government" your dear Republicans really are.  Before you bitch, I'm independent NOT Democrat.

Fri, 07/08/2011 - 23:38 | 1439114 CompassionateFascist
CompassionateFascist's picture

Actually, all these creeps are from the Rino (Romney, McCain) wing of the Repube Pty. Hopefully the TP'rs will break away after Boner caves on the debt limit. Good riddance GOP. One down, one to go.

Sat, 07/09/2011 - 01:23 | 1439202 logically possible
logically possible's picture

Note that these are all Repubs on this list. It doesn't matter, Repubs or Dems, they are all pieces of crap.

Sat, 07/09/2011 - 12:37 | 1439647 DosZap
DosZap's picture

This will definitely help Obama's re-election bid.........

As  for the Texan, all I can say is read his name, and figure who his constituents are.

Akin to Sheila Jackson Lee.

Sat, 07/09/2011 - 08:55 | 1439379 jag
jag's picture

I'm surprised no one has bothered to point out the fact that "compassionate" people like Bill Clointon, Warren Buffet and many other actors and celebrities often state they "don't pay ENOUGH" in taxes.

Many in Massachusetts, years ago, claimed the same thing so some legislators created a bill that allowed such people who wanted to pay more to do so.......the response was as you'd imagine; not even John Kerry bothered to pay state taxes at a higher rate. Not even .1% of taxpayers paid at a the higher rate.

This legislation is identical in intent. It isn't aimed at raising revenue its aimed at exposing liars like Clinton who lament low tax rates but always seem to manage to deduct everything down to their underwear to avoid paying more in taxes than required. Its a gimmick  folks, to expose hypocrites.

Sat, 07/09/2011 - 12:39 | 1439656 DosZap
DosZap's picture

 not even John Kerry bothered to pay state taxes at a higher rate.

 

Isn't he the tax dodger that paid top dock his yacht in another state, to keep from paying taxes on it?.

Think so.................hypocrites.

Fri, 07/08/2011 - 16:21 | 1438164 Shell Game
Shell Game's picture

From HR 2411:  "Mr. CRAWFORD (for himself, Mr. TIBERI, Mr. FINCHER, Mr. LANDRY, Mr. DENHAM, Mr. DOLD, Mr. FLORES, Mr. GRIFFIN of Arkansas, Mr. AUSTIN SCOTT of Georgia, Mr. HUIZENGA of Michigan, Mr. PALAZZO, and Mr. GUINTA) introduced the following bill"

Fri, 07/08/2011 - 17:01 | 1438319 FastBoat
FastBoat's picture

Mr. CRAWFORD (R-ARK)
Mr. TIBERI (R-OH)
Mr. FINCHER (R-TN)
Mr. LANDRY (R-LA)
Mr. DENHAM (R-CA)
Mr. DOLD (R-IL)
Mr. FLORES (R-TX)
Mr. GRIFFIN (R-ARK)
Mr. AUSTIN SCOTT (R-GA)
Mr. HUIZENGA (R-MI)
Mr. PALAZZO (R-MS)
Mr. GUINTA (R-NH)

See a pattern here?

Fri, 07/08/2011 - 18:30 | 1438538 SilverIsKing
SilverIsKing's picture

Hmmm...Lemme guess...

Each of them has a penis and no balls?

Fri, 07/08/2011 - 18:47 | 1438581 JW n FL
JW n FL's picture

Taxation without Representation!

Sat, 07/09/2011 - 06:30 | 1439319 onthesquare
onthesquare's picture

have you seen their penis on facebook?

but seriously why don't they ask for something they can use and is worth more. ie food, ammunition, water, fuel, black SUVs, army surplus stuff...

things they use everyday

All donations will be thankfully received and faithfully applied.

Fri, 07/08/2011 - 21:09 | 1438848 knowless
knowless's picture

so you guys are fine with debt right? hows'bout a permanent income tax increase veiled as a "voluntary contribution"? how does that sound?

Fri, 07/08/2011 - 17:20 | 1438387 Torsion
Torsion's picture

So who is this guy, Rick Crawford (R-AR), who is leading the fight against the debt crisis?  Here a few of his career "highlights".  Well actually, it's all of them.

  • Bomb disposal technician, U.S. Army
  • B.A. in Agriculture Business and Economics from Arkansas State
  • During his time as a student at ASU, Rick was also a professional rodeo announcer, an activity he continued after graduation.  He was named Announcer of the Year by the National Federation of Professional Bullriders in 1996, 1997 and 1998
  • news anchor and agri-reporter on KAIT-TV in Jonesboro, Farm Director on KFIN-FM
Fri, 07/08/2011 - 17:56 | 1438470 kito
kito's picture

"bomb disposal technician"....hes doing a great job disarming the big one thats coming...tick....tick.....tick.....tick.....tick....

Sat, 07/09/2011 - 09:29 | 1439407 disabledvet
disabledvet's picture

aww.  i found the video of the speech that was given in order to convince his colleagues to vote yes:

http://www.youtube.com/watch?v=BpSmprqptSk&feature=player_detailpage

Fri, 07/08/2011 - 20:11 | 1438750 Carl Spackler
Carl Spackler's picture

THAT is the single most important question...who proposed this?

 

 

Fri, 07/08/2011 - 16:49 | 1438265 PlausibleDenial
PlausibleDenial's picture

+ 10,000

Fri, 07/08/2011 - 15:37 | 1437960 Jack Mayoffer
Jack Mayoffer's picture

Legalize and tax Weed Bitches!

Fri, 07/08/2011 - 15:50 | 1438028 coppertop
coppertop's picture

Legalize and tax Weed Whackers

Fri, 07/08/2011 - 16:11 | 1438133 toady
toady's picture

Tax my weed?

NEVER!

Give me tax free weed or give me DEATH!

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