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

Tyler Durden's picture




 

From Simon Black of Sovereign Man

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

Folks… you just can’t make this stuff up.

On July 6th, just two days ago, at least a dozen busybody Congressmen sponsored the introduction of HR 2411, the “Reduce America’s Debt Now Act of 2011.”
They always come up with fantastic names for these pieces of
legislation… and rest assured, the better/more patriotic the name, the
more ominous the bill. This one follows the pattern.

HR 2411 states that every worker in America should be able to
voluntarily have a portion of his/her wages automatically withheld and
sent directly to the Treasury Department for the purposes of paying down
the federal debt.

Every employer making payment of wages shall deduct and
withhold upon such wages any amounts so elected, and shall pay such
amounts over to the Secretary of the Treasury…

That’s right. Uncle Sam is so broke that he wants to give all the
good little Americans out there the opportunity to contribute an even
greater portion of their paychecks to finance government largess.

Desperate? Hmmm…. Don’t worry, it gets better.

Obviously, if an employee feels so compelled and should elect to have
a portion of his/her paycheck withheld, the onus of responsibility is
now on the employer to make it happen. The employer has to do all the
paperwork, withhold the money, send the payment to the Treasury,
maintain the account records, and probably submit to all kinds of new
filing requirements.

You can imagine that, if passed, the bill will result in a host of
new IRS regulations, complete with a battery of penalties for employers
who don’t fill out the paperwork properly, submit filings on time, or
make some administrative mistake.

Think about it: if a small business owner has one single employee who
is dumb enough to think that it’s his patriotic duty to pay down the
debt and decides to contribute $1/month, that owner will have the
responsibility for all kinds of new forms and filings, plus submit to
new ‘debt reduction audits.’

But don’t worry, it gets even better.

So let’s say there are millions of sheep out there who elect to
donate a portion of their toil and sweat so that the Chinese and big
financial institutions don’t have to worry about an American default.
How does Congress plan on rewarding its most patriotic citizens? By
sticking it to them on their taxes, of course.

HR 2411 stipulates that any contribution made to the Treasury in order to pay down the federal debt IS NOT TAX DEDUCTIBLE.

“The [Treasury] Secretary shall include. . . a reasonably conspicuous
statement that any amounts deducted and withheld from wages. . .  are
not deductible as charitable contributions for Federal income tax
purposes.”

Imagine this scenario: You make $100,000/year. In a fit of complete
insanity, you decide that you want to withhold your entire annual salary
to pay down the debt. Hey, you can always move in with mom for the next
year, right?

Well guess what– Uncle Sam will gladly take your money… and then
STILL expect you to pay taxes on the $100,000 that you earned, so you’d
have to come out of pocket with an additional $40,000 or so.

Don’t worry, though. The Social Security and Medicare wages are
reduced by the amount that you withhold, making you only liable for
state and federal taxes. Seems like a good deal, eh comrades?

There are so many things utterly wrong with his piece of legislation,
it’s hard to know where to begin other than by saying that such
intellectual and philosophical perversion is only capable of springing
from unprincipled sociopaths whose sole capability is the destruction of
value.

There’s a great quote from Atlas Shrugged that comes to mind which sums this all up:

[W]hen you see that in order to produce, you need to obtain
permission from men who produce nothing; when you see that money is
flowing to those who deal not in goods, but in favors; when you see that
men get rich more easily by graft than by work, and your laws no longer
protect you against them, but protect them against you. . . you may
know that your society is doomed.

We’ve discussed the story of the boiling frog so many times before– a
frog, when put into a pot of water and slowly brought to a boil,
doesn’t realize that he’s in danger until its too late. I think the
boiling frog just got a little hotter. Have you hit your breaking point yet?

 

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Fri, 07/08/2011 - 22:04 | 1438961 ebworthen
ebworthen's picture

 

JUBILEE!

DEBT JUBILEE FOR EVERY LEGAL U.S. CITIZEN IS THE ONLY ANSWER!

JUBILEE!

http://en.wikipedia.org/wiki/Jubilee

 

Fri, 07/08/2011 - 22:17 | 1438984 Joseph Jones
Joseph Jones's picture

How 'bout the scum bags who feel it's their patriotic duty to join the military and become cannon fodder for the machiavelian slime holes? 

Fri, 07/08/2011 - 22:36 | 1438995 G-R-U-N-T
G-R-U-N-T's picture

Picked this up from a comment on ZH a couple of days ago by SilverDoctor. Thought some of you might enjoy this.

http://silverdoctors.blogspot.com/2011/07/american-dream.html

Fri, 07/08/2011 - 22:28 | 1439003 Monedas
Monedas's picture

The PTB want more taxes or they'll close fire stations, libraries and police stations ? Don't bother.....we'll burn 'em down for a book of free matches ! Monedas 2011

Fri, 07/08/2011 - 22:35 | 1439013 Buck Johnson
Buck Johnson's picture

Atlas Shrugged quote is dead on, we are doomed.  We have allowed ourselves to be turned into ignorant and intolerant people.  And we wonder why people like that or worse get into office, because we put them there.  So the ignorant put ignorant people into office who care about themselves, and so doing will by hook or crook take what the people have in order to keep themselves happy.

By hook or by crook, they are trying to steal whats left of free wealth in america.  Soon we will see confiscation just you wait.

Fri, 07/08/2011 - 22:42 | 1439022 thefedisscam
thefedisscam's picture

http://www.thegatewaypundit.com/2011/07/dems-introduce-hr-2411-automatic...

"H.R.2411
Latest Title: Reduce America’s Debt Now Act of 2011
Latest Major Action: 7/6/2011 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Sponsor:
Rep Crawford, Eric A. “Rick” [AR-1]

Cosponsors:

Rep Denham, Jeff [CA-19] – 7/6/2011
Rep Dold, Robert J. [IL-10] – 7/6/2011
Rep Fincher, Stephen Lee [TN-8] – 7/6/2011
Rep Flores, Bill [TX-17] – 7/6/2011
Rep Griffin, Tim [AR-2] – 7/6/2011
Rep Guinta, Frank C. [NH-1] – 7/6/2011
Rep Huizenga, Bill [MI-2] – 7/6/2011
Rep Landry, Jeffrey M. [LA-3] – 7/6/2011
Rep Palazzo, Steven M. [MS-4] – 7/6/2011
Rep Scott, Austin [GA-8] – 7/6/2011
Rep Tiberi, Patrick J. [OH-12] – 7/6/2011"

Sat, 07/09/2011 - 01:47 | 1439212 Double down
Double down's picture

Fagopotomouses, all of them 

Sat, 07/09/2011 - 12:26 | 1439620 snowball777
snowball777's picture


(R) Rep Crawford, Eric A. “Rick” [AR-1]

Cosponsors:

(R) Rep Denham, Jeff [CA-19] – 7/6/2011
(R) Rep Dold, Robert J. [IL-10] – 7/6/2011
(R) Rep Fincher, Stephen Lee [TN-8] – 7/6/2011
(R) Rep Flores, Bill [TX-17] – 7/6/2011
(R) Rep Griffin, Tim [AR-2] – 7/6/2011
(R) Rep Guinta, Frank C. [NH-1] – 7/6/2011
(R) Rep Huizenga, Bill [MI-2] – 7/6/2011
(R) Rep Landry, Jeffrey M. [LA-3] – 7/6/2011
(R) Rep Palazzo, Steven M. [MS-4] – 7/6/2011
(R) Rep Scott, Austin [GA-8] – 7/6/2011
(R) Rep Tiberi, Patrick J. [OH-12] – 7/6/2011"

Thanks, teabaggers!

Fri, 07/08/2011 - 22:47 | 1439028 thefedisscam
thefedisscam's picture
"Former federal employees still receiving taxpayer credit cards http://dailycaller.com/2011/07/08/former-federal-employees-still-receivi...

In what appears to be a gross Obama administration oversight, former Bush administration political officials are still receiving taxpayer-funded credit cards in the mail.

At this point, as far as The Daily Caller has been able to confirm, it’s only happening with former Department of Labor (DOL) employees."

Fri, 07/08/2011 - 22:51 | 1439033 AgShaman
AgShaman's picture

Hahaha.....deserves a Gomer Pyle "G" word

Bold Prediction:

This post will crest 500 comments....

....even if I gotta help it a bit.

Fri, 07/08/2011 - 23:30 | 1439092 MsCreant
MsCreant's picture

500 last I saw.

Fri, 07/08/2011 - 23:28 | 1439045 Let em push you...
Let em push you around's picture

Who fucking cares if it causes paperwork for business? F#*& business. They created these #*$&ing problems.  Skull *#&$ing oligarchs.  Is that better?

So they don't want union dues deducted from paychecks, but we can pay to fix a country that the old skull F*&#$er and bones sold out?

Fri, 07/08/2011 - 23:31 | 1439096 JW n FL
JW n FL's picture

yes it is time, past time to reign in big business and the Lobby Whores! ALL are Guilty of TREASON! against "We the People"!

 

for a decade 50,000 manufacturing jobs were bought and paid for! the Tax Breaks for undermining the Tax Base / Job Base! paid for by the Sheepeople!

 

Enough is enough!

 

No! One!! voted to destroy America.. no matter which Lobby Whore Group you think is better than the other!

Fri, 07/08/2011 - 23:34 | 1439106 Let em push you...
Let em push you around's picture

I agree but 50,000 in a decade? where do you get your numbers?

Fri, 07/08/2011 - 23:37 | 1439111 JW n FL
JW n FL's picture

my bad 50,000 a month for a decade.. sorry got ahead of myself.

Fri, 07/08/2011 - 23:03 | 1439049 ISEEIT
ISEEIT's picture

If you are a Leftist, fucking useful idiot tool, obummer supporting waste of human action:

Then fuck off. We don't accept your Keynes whoreshipping ass anymore. You are an endangered species. The Game is fucking over you infected, maggot piece of shit. We are all about to go down because of your selfish and delusional bullshit. Your fucking failure to grow up is going to kill the entire nation shitsticks. Your lustful desire to satisfy yourselves at everyone else's expense has destroyed us all.

FUCK YOU fake ass establishment. FUCK YOU 'authority'

FUCK YOU idiot elitist who treat us like chattel, lie to us and screw us.

Your days are (once again) numbered.

I hate you. (added that for dramatic effect).

Can't wait to see you go assholes.

Fri, 07/08/2011 - 23:05 | 1439052 Let em push you...
Let em push you around's picture

Who did you vote for, genius?

Fri, 07/08/2011 - 23:08 | 1439060 JW n FL
JW n FL's picture

he still thinks that one Lobby Whore is better or worse than another.

 

maybe he wakes up? maybe he stays blind, deaf and dumb?

 

all we can do is offer the truth, red pill or blue pill.

Fri, 07/08/2011 - 23:17 | 1439070 Let em push you...
Let em push you around's picture

You made my day man, thank you

Fri, 07/08/2011 - 23:17 | 1439071 ISEEIT
ISEEIT's picture

Me?

I voted for the other side. See, my play was based on doing the opposite of what G.S and the other banksters 'told' me to do.

Do you have a brain?

Well then learning how to use it might prove revolutionary.

Then again, if insanity is more comfortable for you, at least have the decency to keep it private?

I would suggest 24/7 TV and PLEASE DO NOT VOTE. Idiots who vote only assist in the rape of those who might otherwise make it worth your while to become a fully functioning, free, alive human being.

The Crack/Meth dealers/Pimps who abuse you will not ever make your life better. They see you as a slave and a tool.

USEFUL IDIOT.

Stop being pathetic.

Fri, 07/08/2011 - 23:31 | 1439098 Let em push you...
Let em push you around's picture

You voted for the "other side?" Go read a book.

Fri, 07/08/2011 - 23:38 | 1439115 JW n FL
JW n FL's picture

I said offer him drugs.. not a book.. come one man! get on page!

Fri, 07/08/2011 - 23:43 | 1439129 Let em push you...
Let em push you around's picture

Someone once said there is freedom in a schoolbook.

Fri, 07/08/2011 - 23:33 | 1439103 Monedas
Monedas's picture

Monedas defends your right to rant ! It's the quiet ones that sneak around and knife you in the back and put crucifxes in jars of urine ! Rant is free speech too ! Political rant and religious rant should be the most protected rant ! Monedas 2011 Pardon my rant world tour !

Sat, 07/09/2011 - 03:39 | 1439269 bk1037
bk1037's picture

I don't care if you rant, obviously you and Iseeit missed the point I was trying to make. Never mind, someone has to get the last word in and I'll let you two have it. For me, smug people do nothing to add anything for me. The quality of debate in these threads is going down, not up, to be sure. I can see I'll need to be a bit more selective in ZH, and likely stop in less often, cause watching pompous people condescend to others in a message thread is not adding to anyone's education. Enjoy your rants!

Fri, 07/08/2011 - 23:21 | 1439077 bk1037
bk1037's picture

I'd like to see Tyler start editing people like this out. While you have a point to make, I don't see the point of all the foul language and ugly rancor to get it across. I'm seeing way too much of this kind of garbage on Tyler's blog any more.

Fri, 07/08/2011 - 23:31 | 1439095 jomama
jomama's picture

one of the greatest things about ZH is the non-moderation to appease sensitive types like yous. 

trolls and foul-mouthed loudmouths usually naturally find their way to the exit on their own, one way or another. 

 

Fri, 07/08/2011 - 23:34 | 1439101 JW n FL
JW n FL's picture

FUCK YOOOOOOOOOOUUUUUUUUUUU!

 

PUSSY!

 

Maybe you can go ask the Bankers really nice if they will back that 24 inch dick outa yer ass real slow???

 

Enough Polite.. Enough Talking!!

 

Time to scream profanities while Prosecuting those Guilty of Treason!

Fri, 07/08/2011 - 23:33 | 1439104 ISEEIT
ISEEIT's picture

The point is anger. It is past pathetic that we accept the sort of serfdom that is being forced on us by a criminal elite. Don't like my language/ WTF???

Do abortions as birth control offend you? See, that is precisely why this is going to blow up, because you animals attempt to define decency. You idiots/animals refuse to respect the very decency that has allowed you as individuals to participate in life to begin with.

The moronic/immoral/narcissistic behaviours of the political left (yes, you progressives) are responsible for more death and misery, in real terms, than would be any Liberal (which you are not), Conservative/Libertarian tendency of humanity.

You FUCKERS are monsters.

Now tolerate that bitch.

Fri, 07/08/2011 - 23:39 | 1439118 Let em push you...
Let em push you around's picture

Hope you grow to enjoy skull fucking the peasants as much as your old man does.  I, for one, won't keep an eye out.

Fri, 07/08/2011 - 23:41 | 1439123 JW n FL
JW n FL's picture

gooooooood use the anger.. it makes you stronger.. it gives you focus... now, who is responsible? Elected Lobby Whores.. they committed Treason Against "We the People"! how do you fix the problem? how do you use your anger to make things better?

Sat, 07/09/2011 - 00:56 | 1439179 Uncle Keith
Uncle Keith's picture

Pffft...

 

Closet Homo. Or, you make decisions purely by emotional means. 

 

What could you possibly think supercedes the right of the individual to detmine their own path through life?

 

You, sir, are inconsistent.

Sat, 07/09/2011 - 12:31 | 1439633 snowball777
snowball777's picture

Do abortions as birth control offend you?

Sure, but that doesn't mean a state solution is required, does it?

Conservative/Libertarian tendency of humanity

Like Santa Claus...or a Yeti?


Fri, 07/08/2011 - 23:36 | 1439109 Monedas
Monedas's picture

Cry baby snitches like you offend me more than any rant ever did ! Let your brothers rant ! Monedas 2011 Don't fence in my rant !

Sat, 07/09/2011 - 10:10 | 1439445 Uncle Remus
Uncle Remus's picture

foul language and ugly rancor

 

That's the warm up act before commencing feeding the tree of liberty its "natural manure".

Fri, 07/08/2011 - 23:28 | 1439083 jomama
jomama's picture

.

Fri, 07/08/2011 - 23:28 | 1439091 jomama
jomama's picture

wow who shit in your wheaties?

in case you didn't notice, there are more lobbyists in washington than there are corporate politicians. 

yes, Mcbama both rushed from the campaign trail to vote for Bush/Paulson's first TARP program.

so your left vs. right argument just shows your ignorance, falling for the same puppet show, the false dichotomy that it is.

Sat, 07/09/2011 - 00:10 | 1439152 Reese Bobby
Reese Bobby's picture

GAY, "not that there is anything wrong with that"...

Sat, 07/09/2011 - 10:09 | 1439444 JW n FL
JW n FL's picture

that was cutting edge in the 1980's! you should respect your elders young man!

http://www.youtube.com/watch?v=c7tOAGY59uQ

 

something for your gen!

 

I remember when Glocks didn't have beaver-tail options.

Sat, 07/09/2011 - 10:14 | 1439451 Uncle Remus
Uncle Remus's picture

I had to google that Glock beaver tail business.

Sat, 07/09/2011 - 11:56 | 1439567 JW n FL
JW n FL's picture

Glocks are supposed to be simple.. not a lot of moving parts so they are reliable? so what did they do? added another spring.. for comfort.. yada yada yada.. so? is a Gen 4 really a Glock in the sense that it is breaking away from what made the Brand what it is?

 

I hope all is well with you and yours Uncle Remus now as always.

Sat, 07/09/2011 - 15:27 | 1440041 Uncle Remus
Uncle Remus's picture

Thank you and well wishes back at you.

I've been happy with my 3rd gen G22. Haven't been bitten yet. If fact, the only time I recall ever having been bit was with a Ruger Mk I, first semiauto handgun I owned. All I knew 'til then were double-action revolvers.

Sat, 07/09/2011 - 12:47 | 1439674 Prometheus418
Prometheus418's picture

No- this is more the bleeding edge.  Not quite so loud as it was ten years ago or so, but sharper.  Think you'd like it, JW.  

http://www.youtube.com/watch?v=z5Xi-vUzesc

That 'Lil Wayne foolishness is for mainstream consumption.

 

Sun, 07/10/2011 - 10:27 | 1441212 JW n FL
JW n FL's picture

I like the message in the Music.. and the sound reminded me of this.. I hope that you enjoy.. I am trying to get you something you would like! TRYIN!!

http://www.youtube.com/watch?v=7XVWR-5fiG0

 

add this as well (give it 30 seconds, the bridge is worth it.. same guys live in Japan.. pre nuke) http://www.youtube.com/watch?v=UWp_JHn-I88&feature=BFa&list=PL310066C2D5FC6482&index=1

Fri, 07/08/2011 - 23:27 | 1439089 Melville1977
Melville1977's picture

This reinforces what Jim Sinclair recently said on Kingworldnews.com in regards to "kicking the can down the road" since the global financial system is ready to implode at anytime.

Fri, 07/08/2011 - 23:43 | 1439130 Republi-Ken
Republi-Ken's picture

REPUBLICANS in Congress Wrote This!

IDIOTS! FOOLS! MORONS!

duh...CONSERVATIVES!!!

Sat, 07/09/2011 - 00:02 | 1439148 SamuelMaverick
SamuelMaverick's picture

Great quote from Atlas Shrugged.

Sun, 07/10/2011 - 00:39 | 1440925 LetThemEatRand
LetThemEatRand's picture

That's awesome!  And Tom Cruise will be at the next meeting!

Sat, 07/09/2011 - 00:19 | 1439160 AgShaman
AgShaman's picture

I think it's time for some floats to be built and parked in D.C. (tires removed/propped on blocks/chained to stationary objects)

These floats would be adorned with guillotines and signs posted on them:

"To the Legislative Branch Senators and Congress-members....

this is what your future has in store for you"

Sat, 07/09/2011 - 03:33 | 1439263 jomama
jomama's picture

yeah give that a shot, let me know how far you get.

Sat, 07/09/2011 - 10:11 | 1439447 JW n FL
JW n FL's picture

Fuck them! 1st amendment + the Art Factor!

 

If Moody's and all the other rating agencies are guilty of NOTHING for wrecking the fucking World with their AAA Ratings! and its just "Free Speech" for them.. then it can be "Free Speech" for US!

Sat, 07/09/2011 - 00:46 | 1439172 indio007
indio007's picture

What debt? Read the Annual Financial report for the US. The biggest increase in debt is that they count accrued medicare/pension benefits as a cash payment made now. So the gov't has to borrow to get cash just to save it.... makes sense to me.

Sat, 07/09/2011 - 10:15 | 1439454 JW n FL
JW n FL's picture

The Goldman Sachs / Lehman Bro's accounting that has found its way into Washington like Lobby Monies.. allowed the $2.5 Trillion Dollar Surplus to be moved into the pockets of the war machine.. and now the Bankers / FED gets to Print money out of thin air to Lend to "We the People" at 6%. Fucking great work if you can get it!

Sat, 07/09/2011 - 00:53 | 1439177 Uncle Keith
Uncle Keith's picture

The House... Naturally.

 

From the folks who engineered Regressive Taxation;

 

The 1986 Tax Act; The 1982 Tax Act (you're welcome, Foreign Nationals...);

 

From the folks who gave us the 1976 Tax Act - The Bad Idea to end all Bad Ideas.

 

The GOP at its finest.

 

Public speanding married up with progressive/punitive taxation will end economic stagnaiton. Nothing less.

Sat, 07/09/2011 - 12:47 | 1439676 snowball777
snowball777's picture

Add up 50% of the entire (not even last bracket of) income of the top 5% earners in this country; it's about $1.5T (they pay $600B on their $3T already).

Now compare to the national debt (at the debt ceiling of $14.3T), or the last budget ($3.729T), or even the last budget deficit ($1.1T).

If you are not completely and utterly innumerate, you'll see that there isn't enough income there to stave of stagnation...especially if that requires another $1T in government programs to 'create' jobs.

Now if you want to talk about taxing corporations punitively, then you can get some traction and do something useful about all of the above, but your chances of being elected are slightly lower than those of the Pugs attempting to slash SS and Medicare.

We need to cut spending, raise taxes, and cut a bloody swath through the "we don't want taxes" "we don't want cuts to our favorite programs" paralytic paradigm of pusillanimous pandering.

Sun, 07/10/2011 - 00:44 | 1440936 LetThemEatRand
LetThemEatRand's picture

Most of the $1.5T is paid by the top 4%.  The very top 1% make far more and pay far less.

Sun, 07/10/2011 - 08:47 | 1441144 snowball777
snowball777's picture

Top 1%:    AGI - $1.6T, Paid - $392B,    Avg Effective Rate: 23.27%

Top 2-5%: AGI - $1.2T, Paid - $231.5B, Avg Effective Rate: 17.21%

Try again, this time with math engaged.

 

Sun, 07/10/2011 - 10:24 | 1441221 JW n FL
JW n FL's picture

Snow help a Brother out.. Fight Club Brothers count so dont go gettin all tech on me..

 

out of the $2.4 Trillion the U.S. collected in Taxes last year (I am quoting others numbers so not sure and I trust you and you look sure so!) out of the $2.4 collected..

who pays what.. which you have the Top 5% showing..

then.. who owns what..

then.. who earned what..

 

If you have some of the numbers please share and as always source and site..

 

I would like to put together a cheat sheet that I can re-post over and over to shut people up.. as much as you or the other Bro's may get tiered of looking at it.. it really is for the first timer or the new people to be able to get a good solid grip on Fantastic Info.. we give them the ugly numbers.. sourced and sited and they have to open their eyes.. even if it is after they break a few tables and chairs coming to grips with the ugly, fucked up, lobby whore induced facts.

 

Thanks in advance! any other members that would like to add to this or who have these numbers.. please provide what you can.. sourced sited.. anything else that someone thinks would be of use to helping the would be new people that we are trying to reach with this.. feel free to add it as well!

 

Good Morning Vietnam! http://www.youtube.com/watch?v=JKNZgDbLwGY

Sun, 07/10/2011 - 10:43 | 1441233 JW n FL
JW n FL's picture

Government Assistance costs $2.4 Trillion a Year?

 

www.google.com/publicdata Source: U.S. Census Bureau 307,006,550 - Jul 2009

 

Of the 307,006,550 souls in the United States..

59% of them are supposed to be receiving Government Assistance in some form.

181,133,864.5 we will say 65 instead of 64.5 for our lil math problem.

 

$2,400,000,000,000,000,000 divided by 181,133,865 =’s $13,249,869,096.00 (rounded 6.00 up from change)

 

So if American’s.. 59% of them.. are collecting $2.4 Trillion Dollars a year in benefits.. which is what is floating around..

 

America pays out every penny it collects carrying the 59%.. Right? Like Right Wing, Meth Loving, Male Prostitute Loving, God Inspired Greedy Fucks!

 

So, the 59% of Americans receiving Federal Aid.. are collecting, yearly, per person.. $13 Billion Plus Dollars each.

 

Someone should line the Right Wing Peter Puffers Up and shoot them ALL.

Sun, 07/10/2011 - 10:46 | 1441239 JW n FL
JW n FL's picture

I dont think people realize how much money a Trillion is.. a Trillion is a Million, Millions..

 

a Million.. Millions! is a Trillion.

 

here is some visual help wrapping your heads around that number.

 

http://www.youtube.com/watch?v=GNFb6qe7Tmg

 

http://www.youtube.com/watch?v=at3MNu8BRwQ

Sat, 07/09/2011 - 01:18 | 1439198 Monedas
Monedas's picture

Happy birthday, New Deal ! You're now 80 years old ! I suppose we should call you the Old Deal now ! For 80 years the Keynesian economics have provided money to fight wars, corrupt the population and buy their votes and impose a Democrat strangle hold on the country ! There have been a few token Republicans but they never could wrest power from the establishment so they just went along and lent a little legitimacy to the farce ! The Democrat party now has more time in power than the Communist party (their kissing cousins) had in the Soviet Union ! It looks like the farce has run it's course.....so will they just admit defeat and move along ! Not a chance ! They are busy planning how to maintain and extend their power ! Evil power never just goes away.....it has to be stopped !  Monedas 2011 I jumped ship about a quarter century ago.....and did a little one man, Atlas Shrugged, work stoppage ! I just couldn't contribute to the farce any more ! That's why your Monedas is the happy camper, hoarder about town you enjoy every day !

Sat, 07/09/2011 - 11:07 | 1439519 kumquatsunite
kumquatsunite's picture

Ah, never quite thought of it this way, good points....

Sun, 07/10/2011 - 11:19 | 1441292 JW n FL
JW n FL's picture

Reagan (R)

Reagan (R)

Bush (R)

Clinton (D)

Clinton (D)

Lil Bush (R)

Lil Bush (R)

Lil Bush Part Deux in Technicolor (D)

 

The Democrats and the Republican Argument is a Dog and Pony show for the slow majority to entertain themselves with..

 

If you go back to Kennedy, which was the last real leader that America had..

 

Kennedy Kills the FED, The FED then Kills Kennedy. (D)

http://www.john-f-kennedy.net/executiveorder11110.htm

Nixon who took America off the Gold Standard. (R)

http://www.youtube.com/watch?v=iRzr1QU6K1o

Ford (R)

Carter (D)

Reagan (R)

Reagan (R)

Bush (R)

Clinton (D)

Clinton (D)

Lil Bush (R)

Lil Bush (R)

Lil Bush Part Deux in Technicolor (D) so you can see why we had such high hopes for the Lobby Whore Obama.. Given Ted Kennedy (scumbag, no one ever tired to kill him.. thats how much a friend to Corporate America he was) backed Obummer, that should have been the writting on the wall.. but hopes and dreams of another real leader filled our heads. Americans are romantics, we all want to believe that we will have a leader who loves us more than Lobby Dollars. FAIL!

Sat, 07/09/2011 - 01:21 | 1439204 cranky-old-geezer
cranky-old-geezer's picture

It just hit me.  This debt ceiling thing is how they're going to justify asking everyone to pledge their 401k to help reduce the national debt.

Then there'll be a big false flag event and they'll just confiscate all the 401ks.

Get OUT of your 401k NOW.

You've been warned.

Sat, 07/09/2011 - 03:26 | 1439261 ebworthen
ebworthen's picture

Exactly.

No place else for them to get the money; that, and inflation.

Sat, 07/09/2011 - 10:57 | 1439505 WaterWings
WaterWings's picture

After watching you troll on the GW threads, I thought you didn't believe in false flags.

Sat, 07/09/2011 - 20:28 | 1440463 cranky-old-geezer
cranky-old-geezer's picture

Well you're wrong ...again... typical for the GW-worshipper crowd.

Sat, 07/09/2011 - 12:49 | 1439679 snowball777
snowball777's picture

I got out of mine in May of 07, but thanks for the brilliant, if years late, advice!

Sun, 07/10/2011 - 00:14 | 1440448 cranky-old-geezer
cranky-old-geezer's picture

Years late?

Today I was talking with a 55yo guy about the economy.  He told me about being laid off after 30 yrs due to a big corporate downsizing.  He managed to get another job after two years looking.  Just something to carry him to 59-1/2 when he can start using his 401k. 

I told him his 401k will be worthless in 4 yrs.  It'll still be there but it'll be full of worthless government IOUs.  

He didn't believe me.  He refused to consider that possibility.

Sat, 07/09/2011 - 01:31 | 1439208 turbomango
turbomango's picture

Voluntary now for a test run... to get you accustomed to paying "down the debt". Wait till it becomes mandatory for everyone.

Sat, 07/09/2011 - 05:29 | 1439302 NidStyles
NidStyles's picture

Just like Social Security.

Sat, 07/09/2011 - 11:06 | 1439515 kumquatsunite
kumquatsunite's picture

OOhhh,,,,good comment!

Sat, 07/09/2011 - 12:50 | 1439682 snowball777
snowball777's picture

You do now that you are already paying mandatory taxes and that they can raise them at will, right?

Grow a fucking brain already.

Sat, 07/09/2011 - 02:06 | 1439219 Stockmonger
Stockmonger's picture

This was a joke bill introduced by some Republican representatives.  You all have no sense of humor.

Sat, 07/09/2011 - 08:07 | 1439349 Lord Welligton
Lord Welligton's picture

That's about the only thing that makes sense.

Though one would have thought that they had more pressing things to attend to.

Sat, 07/09/2011 - 10:46 | 1439495 karzai_luver
karzai_luver's picture

so they mock themselves , really.

 

ain't luv strange!

 

 

Sat, 07/09/2011 - 12:02 | 1439573 Miss anthrope
Miss anthrope's picture

Rusty , I'm not sure if YOU even know that's OT... please elaborate

 

Sat, 07/09/2011 - 13:46 | 1439820 MsCreant
MsCreant's picture

Nice screen name.

Sat, 07/09/2011 - 14:23 | 1439898 Rusty Shorts
Rusty Shorts's picture

okay Miss anthrope, obviously you didn't catch the first line in the above video,  "I hate robbing Banks" - here's another piece of the puzzle as to why we're toast, it all goes back to the 1980's.. HOLLYWOOD just glorified it.

http://www.youtube.com/watch?v=lQf-u2nCVSw

 

Sat, 07/09/2011 - 02:45 | 1439242 Tense INDIAN
Tense INDIAN's picture

complete comedy

Sat, 07/09/2011 - 03:01 | 1439249 Akrunner907
Akrunner907's picture

It reminds me of the movie from 1979....

 

http://en.wikipedia.org/wiki/Americathon

 

Sat, 07/09/2011 - 03:06 | 1439252 Kelley
Kelley's picture

If each person would just pay in an $45,000 to the IRS, this problem would all just clear up. (multiplied by the number of persons in your family)

 

Of course Congress would look at it as having a credit card with a zero balance. Wheee! More bright shiny objects to buy!

Sat, 07/09/2011 - 04:48 | 1439290 dolly madison
dolly madison's picture

It's not that surprising.  It fits with their priorities.  They want the Fed deficit down, so it will not be deductable against state taxes, but they want to get rid of social security and medicare, so it will be deductible against those.  It's stupid though to put that extra burden on businesses.  They could instead just ask people to send them money if they want to donate to the Federal government.  But that would allow the non-working wealthy to donate, and they want the burden on the people.

Sat, 07/09/2011 - 04:57 | 1439291 ivana
ivana's picture

Not federal, it's rapidly becoming FEUDAL government

Sat, 07/09/2011 - 05:28 | 1439301 NidStyles
NidStyles's picture

Social Security started out Voluntary as well.

Sat, 07/09/2011 - 06:43 | 1439324 Peter K
Peter K's picture

Gee, I wonder which political party is behind this great idea. Since none is mentioned, I suspect it's the whackjob, tin foiled hat, distrubutive crazytown party. 

BTW, it's already been done in Latvia to save Latvian Socialism:) 

Sat, 07/09/2011 - 06:47 | 1439325 Peter K
Peter K's picture

Gee, I wonder which political party is behind this great idea. Since none is mentioned, I suspect it's the whackjob, tin foiled hat, distrubutive crazytown party. 

BTW, it's already been done in Latvia to save Latvian Socialism:) 

Sat, 07/09/2011 - 08:03 | 1439347 Lord Welligton
Lord Welligton's picture

Why would anybody voluntarily give their income to the State?

Maybe I just don't get it.

I don't see any compulsion in the text.

I also don't see that the "volunteer" receives anything in exchange.

 

Can anyone clarify?

 

Sat, 07/09/2011 - 08:36 | 1439363 Bicycle Repairman
Bicycle Repairman's picture

"I also don't see that the "volunteer" receives anything in exchange."

On your deathbed you'll receive total enlightment and a small American flag to wave.

Sat, 07/09/2011 - 08:38 | 1439366 Lord Welligton
Lord Welligton's picture
by Stockmonger
on Sat, 07/09/2011 - 02:06
#1439219

This was a joke bill introduced by some Republican representatives.  You all have no sense of humor.

I think Stockmonger is right.

It's a joke Bill.

 

Sat, 07/09/2011 - 08:56 | 1439380 dognamedabu
dognamedabu's picture

Well sort of. They just took out the word voluntary. 

Sat, 07/09/2011 - 09:00 | 1439387 Lord Welligton
Lord Welligton's picture

Sorry must have missed that.

Can you provide a link.

Sat, 07/09/2011 - 10:50 | 1439498 karzai_luver
karzai_luver's picture

Do not you voluntarily pay.........

You voluntarily obey many ........the best is always voluntary....

 

after all we have an all voluntary mil isn't that right?

 

 

Sat, 07/09/2011 - 09:33 | 1439414 mess nonster
mess nonster's picture

COMMENT 602

Surely, whatever I say has already been said, but who can read all 601 comments?

Since it is apparent that I cannot do anything to restrain the madness of those pathetic, worthless fucks in WA.DC, since the psychopaths that nominate them ensure I can vote only for Dumb or Dumber, my only hope is to somehow order my world so as to minimize the effects of their dipshit laws on my own existence.

What this means in practical terms is that I find myself living out of my car, working day jobs under the table for cash, and eating out of dumpsters. I can only say that the upsides of being invisible to the authorities and not having to contend with paperwork and regulatory oversight far outweighs the passing inconvenience of homelessness.

 

 

Sat, 07/09/2011 - 10:00 | 1439435 Freebird
Freebird's picture

How does it feel to be treated like a bunch of c**ts?

Sat, 07/09/2011 - 10:21 | 1439463 JW n FL
JW n FL's picture

Cunts? Coots? Caats?

 

does your mother know you are posting on line?

Sat, 07/09/2011 - 10:47 | 1439496 Freebird
Freebird's picture

Cunt

Sat, 07/09/2011 - 10:02 | 1439439 Madhouse
Madhouse's picture

Washington (the man would be bitch slapping people left and right if he were alive today) is simply a reflection of our society.

So...run..

 

Sat, 07/09/2011 - 10:18 | 1439458 marcusfenix
marcusfenix's picture

so...after aug. - sept. 401k's are toast yes? those will be the not so voluntary donations sacrificed to public debt gods...

Sat, 07/09/2011 - 10:46 | 1439494 ISEEIT
ISEEIT's picture

I like to make available to 'newbies' an art work created by one of the original Individuals here at the western worlds greatest website. She left for whatever reason, likely painfully disgusted at the profound, overwhelming ignorance so dominate to 'our' culture. She probably is a gentle and good (but clearly fierce soul/spirit) who just could no longer accept observing the mass rape and indeed genocide of what could have been/should have been the other possible version of reality.

This is/was the only nation ever founded on the notion of principle. Founded on an idea congruent with our natures. It was paid for dearly with blood and tears.

We could have enjoyed true Liberty. A voluntary union of states, banded together as voluntary family.

We could have allowed for the competition that is inherent to man to express herself in creativity/innovation between competing states within a voluntary union.

But instead what we got was the rot of collectivist herding us into a zoo.

What we got instead was an enormous monster of a federal regime which clearly is far more concerned with winning 'their' game than providing Liberty to we, the citizens of a nation.

Don't worry, I will still provide the link.

I went the F#$k off earlier in this thread only because I feel overwhelmed sometimes. The absurd bullshit that we are expected to drink as reality causes cognitive dissonance so severe as that it brings me to rage. Didn't/never do really mean to offend/attack any particular individual on this site. I attack ideas. I also attack what I percieve to be sick lies trumpeted as truth.

I get it darlin' that you believe the lie, trouble is it is a lie. So what am I to do? Help you believe it; or really try to help you instead?

Anywho, enough of my insane rambling...Now for the links.

The Silver Curtain | zero hedge

http://www.youtube.com/watch?v=cxjnr80NOG0

Sat, 07/09/2011 - 10:57 | 1439504 ISEEIT
ISEEIT's picture

http://www.zerohedge.com/article/silver-curtain

I apologize for the failed link. Try this.

Sat, 07/09/2011 - 10:58 | 1439510 jimhalpert
jimhalpert's picture

HAHAHAHAHAHAHAHAHAHAHA.....ohhh I can't stop laughing...oh, wait, is this real?

Sat, 07/09/2011 - 11:03 | 1439512 Dr. Gonzo
Dr. Gonzo's picture

I have an idea to piggy back off this. Why not let people pay to sponsor a predator drone bomb or a sortie over Libya? It would be similar to selling the naming rights to a star except you would get credit for killing people or destroying property on the news. for the bombs that killed innocents they could just make up weird bogymen names and say you got a bullseye. I'm just trying to brainstorm think of ways to solve our problems. That's what I do. We could also sponsor a lotto with a huge prize and make up a fake winner to not pay out anything. I've got tons of ideas to help America. I want to help.

Sat, 07/09/2011 - 11:03 | 1439513 kumquatsunite
kumquatsunite's picture

More immigrats please! After all, this will create a boom and make this unnecessary...More foreign doctors please! After all, this will help us all to kill off those over fifty and make this unnecessary (ah those foreign doctors, they know they've been let in to suck the sweets of America for one reason: death panels and they will do their job). More foreigners let into the country to ruin the roads, the schools, the medical system and the glue (language and social mores) that have held us together. Anyone notice how often the foreigners raise the hue and cry of "discrimination"...well dang right it's discriminatory cause it Ain't How You Done It where you come from....if that's what you want, Go Home. How much would the debt be if we didn't have forty million illegals and forty million so-called legals (immigrats and their corrupt, third-world trash "family members who are slid in under the guise of "family reunification") trashing the waters, the air, and the cities of our once great country? Time to clean up and straighten up and that begins with closing our universities to foreign students and leaving the spots Paid For by our money for Our Children. Then all the birth drop babies are sent back to their homeland (you can only give what's yours to give; ain't a citizen? can't give it). And then welfare ends, you work or you starve...your choice. And you don't get to go on Jerry Springer bragging about your eight kids by six mothers who are all paid for by the state...This country has become one of graft and corruption...the welfare fraud of food stamps being cashed out; men not marrying the mothers of their children and taking care of their own children; daddy is govt. "hen you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.” 

That quote from above article says it all, protect yourself from the Obomaites. The next election is it: we survive as a country or Oboma and the communists win...what's it gonna be?


Sat, 07/09/2011 - 12:08 | 1439582 JW n FL
JW n FL's picture

so... Mit Romney is going to save us? thru forced austerity measures?

 

whatever.. to me, one Lobby Whore is the same as another Lobby Whore.. but if you feel that much better looking at some right wing, wanna be conservative, anti abortion Lobby Whore that will continue to rob the Country Blind.. fine by me!

 

it is not like Reagan, Bush, Clinton, Bush and Obama ALL are not following the exact same Financial Road Map.

 

I guess what bugs me is that you, like most other American Sheep are to Fucking Stupid to see the FACTS.

 

A Lobby Whore is a Lobby Whore is a Lobby Whore.. and sooner or later the Sheep like you are going to catch on.. but you should continue to push for Mit or anyone else that has sold you the Pipe Dream of them being different than the last guy!

Sat, 07/09/2011 - 11:06 | 1439516 ISEEIT
ISEEIT's picture

You are indeed presidential material. Call Soros/Maurice and let 'em know you will take the slot open in 2016.

Sat, 07/09/2011 - 12:14 | 1439591 JW n FL
JW n FL's picture

so explain to me how the Republicans are going to save us?

 

How are these Lobby Whores any different from Reagan, Bush, Clinton, Bush or Obama?

 

what are these lying scumbag Lobby Whores of your going to do different than the other Lobby Whores that came before them? or is it good enough that the Wigger is out of office? as long as you get rid of the Wigger all is well.. I got news.. that aint the Countries Problem you fucking dim wit.

 

so.. tell me how one set of Lying, Thieving, Scumbag Lobby Whores is different from the other set of Lying, Thieving, Scumbag Lobby Whores..

 

Is Abortion gonna save the Nation? or the values of Abortion!! LOL!!! Just like Bush who stole $2.5 Trillion in Social Security Monies from Grand Ma and Grand Pa.. those Values! Not again! LOL!!

 

So!! tell me how these scumbags of yours are any different from the scumbags that are now in power? YOU CANT! because you are a stupid fuck.

 

Go peddle your poison somewhere else. The Two Party system is really a one party system for stupid people.

Sat, 07/09/2011 - 11:07 | 1439518 Rusty Shorts
Rusty Shorts's picture

US Treasury Seizes $80 Million in Gold From Private Owner

http://www.youtube.com/watch?v=1wQUuE5BM1E&feature=related

Sat, 07/09/2011 - 11:35 | 1439542 Dr. Gonzo
Dr. Gonzo's picture

actually only $20 thousand in gold bullion. The value was in the numismatic coins but still a shitty thing to do. 

Sat, 07/09/2011 - 13:53 | 1439835 JW n FL
JW n FL's picture

The Government is doing what it always does! Rob from the Poor and Give to the Rich!

Sat, 07/09/2011 - 11:28 | 1439537 GymStud
GymStud's picture

wouldnt it be a heck of a lot easier for congress to just default, and then just issue their own debt free currency from the treasury (get the private central bank out of the equation)?

America's freed itself from the banksters in the past, why not again?

http://silverdoctors.blogspot.com/2011/07/secret-of-oz.html#more

 

Sat, 07/09/2011 - 12:23 | 1439613 jomama
jomama's picture

because if they defy the hand that feeds them, they wind up suicided?

Sat, 07/09/2011 - 23:31 | 1440816 penisouraus erecti
penisouraus erecti's picture

Thats what worries me about Ron Paul, old age may come on quickly for him if he actually starts looking like a front-runner

Sat, 07/09/2011 - 20:50 | 1440512 cranky-old-geezer
cranky-old-geezer's picture

Ask JFK how that idea went.

Sat, 07/09/2011 - 20:51 | 1440514 cranky-old-geezer
cranky-old-geezer's picture

Ask JFK how that idea went.

Sat, 07/09/2011 - 21:54 | 1440665 cranky-old-geezer
cranky-old-geezer's picture

Ask JFK how that idea went.

Sat, 07/09/2011 - 20:56 | 1440525 MsCreant
MsCreant's picture

Okay, here's an idea. Maybe they created this option so that Ben could print and then they say that the American population donated enough money to bail us out of our problems, hiding the printing in the donations.

Huh? Huh? Come on. Whadaya think? 

Sat, 07/09/2011 - 23:30 | 1440813 penisouraus erecti
penisouraus erecti's picture

WHAT THE FUCK

Surprised only a dozen brain stems came up with it - how long till it's mandatory?

The list of morons:

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

Sun, 07/10/2011 - 09:23 | 1441171 Anonymouse
Anonymouse's picture

I don't know if it is true or not, but I recall reading a story from many years ago about a boxer who won a large prize in a fight.  He donated the check directly to some charity.

 

Oops!  He didn't pay income tax on the winnings first, so was hounded for non-payment of tax.  I believe it drove him into bankruptcy

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