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	<title>SaveTalkRadio &#187; Taxes</title>
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		<title>ZaptheIRS Calls for National Day of Mourning on July 12th‏</title>
		<link>http://savetalkradio.com/2009/04/02/zaptheirs-calls-for-national-day-of-mourning-on-july-12th%e2%80%8f/</link>
		<comments>http://savetalkradio.com/2009/04/02/zaptheirs-calls-for-national-day-of-mourning-on-july-12th%e2%80%8f/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 05:14:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=741</guid>
		<description><![CDATA[Zap the IRS declares a national day of mourning to mark the centennial of one of the saddest days in American history! On July 12th, 1909, the 61st Congress passed and submitted for ratification to the then 48 States an amendment that would empower the government to directly tax income from any source without apportionment by population. A day that will live in infamy!]]></description>
			<content:encoded><![CDATA[<p>Post courtesy of John Hanson, founder of Zaptheirs.com<br />
*****************************************************</p>
<p>Save those ashes as you close down your fireplace and get some sackcloth (try your local monastery)!</p>
<p>The day of mourning is coming!</p>
<p>Zap the IRS declares a national day of mourning to mark the centennial of one of the saddest days in American history! On July 12th, 1909, the 61st Congress passed and submitted for ratification to the then 48 States an amendment that would empower the government to directly tax income from any source without apportionment by population. A day that will live in infamy!</p>
<p>What a paradigm shift the 16th Amendment initiated. It began the demise of our American way of life. The Earth must have shook as the Founding Fathers spun around in their graves at this change to the Constitution they had so carefully and wisely crafted. They had designed it to reward hard work, saving, and investment and protect the fruits of a free market republic from a self-serving national government. Now the representative government the people had risked their lives and fortunes and sacred honor to establish would shift to being one of the Congress, by the Congress, and for the Congress. Congress has come a long way, Baby! And a wrong way. The way to socialism.</p>
<p>You have to ask yourself, "What were they thinking?"!! Republicans were in the majority and were actually opposed to the 16th Amendment. Why did they pass it? The more things change the more they stay the same. The Democrats had since 1896 included the amendment in their populist platform. Even then politicians played the poor against the "evil" rich. Wasn't that a tactic in the 2008 elections? The Republicans decided to vote for the amendment to avoid being painted by the Democrats as a party for the rich. They figured the States would never ratify it. Never say never!</p>
<p>The original income tax code was a bare 4 pages long, a flat tax calling for a few very wealthy people to contribute a very small percentage of their income once a year. It was a "drop in the bucket" for government revenue. Taxes on alcohol and tobacco and tariffs continued to fund the "lions share" of government revenue as they had since 1776. One cannot point to even a week between 1776 and 1942 when our government failed for lack of funding. During these 166 years the income tax was not a significant factor in its funding. The crisis of WWII brought on the "victory tax" (proposed as temporary) and the practice of withholding began. Victory came but the taxes remained. They had our money in hand and have only continued to tighten their grip.</p>
<p>So Zap the IRS invites all Americans to put on their mourning duds and join us in ruing that fateful day in 1909. If you're not a sackcloth and ashes type, or not the type to show up on July 12th at your local federal building where the IRS offices are as part of our national vigil, at least join us in a moment of silence, at noon, on July 12th, to condemn the Internal Revenue Code and the damage it wreaks on our liberty, prosperity, and dignity. Mark it on your calendar!</p>
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		<title>Vote to Support the FairTax</title>
		<link>http://savetalkradio.com/2009/04/01/vote-to-support-the-fairtax/</link>
		<comments>http://savetalkradio.com/2009/04/01/vote-to-support-the-fairtax/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 04:48:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Christian Hine]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=736</guid>
		<description><![CDATA[I've long been a supporter of FreedomWorks, formerly Citizens for a Sound Economy. Sadly, they have to this point been dead set on supporting the Flat Tax, likely having to do with Dick Army's influence within the organization.
A friend of mine just sent me this link:http://www.freedomworks.org/scrapthecode/vote.php
Freedomworks is finally taking a poll to see which the [...]]]></description>
			<content:encoded><![CDATA[<p>I've long been a supporter of FreedomWorks, formerly Citizens for a Sound Economy. Sadly, they have to this point been dead set on supporting the Flat Tax, likely having to do with Dick Army's influence within the organization.<br />
A friend of mine just sent me this link:<a title="Vote for FairTax" href="http://www.freedomworks.org/scrapthecode/vote.php" target="_blank">http://www.freedomworks.org/scrapthecode/vote.php</a></p>
<p>Freedomworks is finally taking a poll to see which the public supports. If we can get these guys on our side, they would truly be a strong ally in fighting for the FairTax.<br />
Go Vote!</p>
<p>Also, Glenn Beck is running a poll for his 912 Project.  Please vote for the FairTax here as well.  Remember that voting for other issues in this poll will dilute the power of the FairTax.</p>
<p><a title="Vote for FairTax" href="http://912project.com/" target="_blank">http://912project.com/</a></p>
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		<title>Orlando &#8216;Tea Party&#8217; rally draws more than 4,000</title>
		<link>http://savetalkradio.com/2009/03/23/orlando-tea-party-rally-draws-more-than-4000/</link>
		<comments>http://savetalkradio.com/2009/03/23/orlando-tea-party-rally-draws-more-than-4000/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 06:51:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[Jobs & Economy]]></category>
		<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=678</guid>
		<description><![CDATA[Singer Lloyd Marcus told the crowd assembled in Lake Eola Park on Saturday that he was going to give them his take on the first days of the Obama administration.
Then he shrieked.]]></description>
			<content:encoded><![CDATA[<p>orlandosentinel.com/news/local/orl-locteaparty21032209mar22,0,426670.story</p>
<h1>OrlandoSentinel.com</h1>
<h2>Orlando 'Tea Party' rally draws more than 4,000</h2>
<p>By Helen Eckinger</p>
<p>Sentinel Staff Writer</p>
<p>March 22, 2009</p>
<div>
<p>Singer Lloyd Marcus told the crowd assembled in Lake Eola Park on Saturday that he was going to give them his take on the first days of the Obama administration.</p>
<p>Then he shrieked.</p>
<p>That pretty much summed up the mood in the park Saturday afternoon, when more than 4,000 people attended the Orlando Tea Party, a conservative rally aimed at expressing discontent with Washington.</p>
<p>"This is maybe the greatest single gathering of God-fearing patriots in the history of Orlando, Florida," local conservative radio host Bud Hedinger, who emceed the event, told the crowd.</p>
<p>The attendees, many of whom said they'd heard about the rally on Hedinger's radio show, brandished flags and homemade signs bearing slogans such as "Repeal the pork or our bacon is cooked" and "Obama lied, liberty died."</p>
<p>"We're really scared about what's happening in our country," said Debby Whisenand, 71, of Largo in Pinellas County. She waved a sign that read "The problem with socialism is that you eventually run out of other people's money" on one side, and "You can't blame Bush anymore" on the other.</p>
<p>Her feelings were shared by Lisa Feroli, one of the event's organizers, who said that a similar fear motivated her to e-mail Hedinger with the idea for the Orlando Tea Party.</p>
<p>"The goal was to get people united, to let people know that they aren't alone in their feelings on despair," Feroli said. "We want to speak out against the push toward socialization that we feel is taking place in our country."</p>
<p>Several speakers addressed the crowd, estimated by Orlando police and event organizers at 4,200, on a variety of topics, including gun rights, freedom of speech, the dangers of communism and, most prevalently, the economy, especially the Obama administration's bailout plan.</p>
<p>"We have had enough of massive government-driven bailout using our money," Hedinger said, prompting the crowd to start chanting "U.S.A." over and over.</p>
<p>The country's economic woes weighed heavily on attendees, such as Ed Squire, 52, of Winter Springs. Holding a sign that read "Obama — he's robbin U.S. not Robin Hood," he said that he was worried about the current rate of government spending.</p>
<p>"There's absolutely no way as a nation that we can sustain that kind of spending," Squire said.</p>
<p>Several members of the crowd said they'd recently been laid off, including Ross Iannarelli, 66, of Port Orange, who said he'd just lost his job at an electrical-equipment company.</p>
<p>"They need to shove that bum out," he said, referring to President Obama. "I hate seeing them spend my grandchildren's money."</p>
<p>Glenn Austin, 52, and his wife, Frankie, 43, of Oviedo, also said they were anxious about the economy. They chose to express their worries, however, in a rather novel way: They wrapped banners calling for the end of the Federal Reserve around the tiny waists of their Chihuahua, Pepper, and miniature pinscher-Chihuahua mix, Peanut.</p>
<p>"Everything's gone to the dogs," Frankie Austin said.</p>
<p>Helen Eckinger can be reached at <a href="mailto:heckinger@orlandosentinel.com">heckinger@orlandosentinel.com</a> or 352-742-5934.</div>
<p class="copyright">Copyright © 2009, <a href="http://www.orlandosentinel.com/" target="_blank">Orlando Sentinel</a><script src="/central/javascript/mtrx/s_code.js" type="text/javascript"></script></p>
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		<title>FairTax on C-SPAN</title>
		<link>http://savetalkradio.com/2009/03/17/fairtax-on-c-span/</link>
		<comments>http://savetalkradio.com/2009/03/17/fairtax-on-c-span/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 07:43:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Christian Hine]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=622</guid>
		<description><![CDATA[Here is the video from Tuesday's special order on the FairTax.
I would agree with many comments I have seen around the web that if they ever have the opportunity to present the FairTax again in this manner, that they will drop the blatant partisanship when discussing it.]]></description>
			<content:encoded><![CDATA[<p>UPDATE:</p>
<p>Here is the video from Tuesday's special order on the FairTax.</p>
<p><object width="255" height="250" data="http://www.youtube.com/v/bT6D78uG6-s&amp;hl=en&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/bT6D78uG6-s&amp;hl=en&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
<p>I would agree with many comments I have seen around the web that if they ever have the opportunity to present the FairTax again in this manner, that they will drop the blatant partisanship when discussing it.  As anyone who reads my posts knows, I'm as partisan as you can get about many things, but the FairTax is my most important issue and it should be something that everyone can embrace.  Especially in today's environment, we need Democrats in order to pass this bill.  Let's not push them away when we need them most!</p>
<p>******************************************************************</p>
<p>It appears that Congressmen Steve King and John Linder will have the opportunity to discuss the <a title="Fairtax.org" href="http://www.fairtax.org" target="_blank">FairTax</a> with the nation on Tuesday night, March 17 at around 6:00pm.</p>
<p>The following is from Congressman King's Press Secretary:</p>
<p style="padding-left: 30px;">Right now we anticipate the Special Order taking place around 6 p.m. tomorrow night. Obviously, that could change, but that is the tentative time we are being told. The Special Order will be aired on CSPAN.</p>
<p style="padding-left: 30px;">Congressman King is working to have several other members join him on the floor tomorrow night. House leadership has asked Congressman King to mention President Obama's plans for tax increases, so the Congressman and other members will be contrasting these planned tax hikes with the FairTax and all it can do to stimulate our economy.</p>
<p style="padding-left: 30px;">I will send around a brief statement from the Congressman on the Special Order later today that you can post online if you would like. Let me know if you have any questions.</p>
<p style="padding-left: 30px;">Matt</p>
<p>Please have all your friends and family tune in!  We hope to hope to have a YouTube version of this up as well as soon as I can get a link from someone who knows how to do that. <img src='http://savetalkradio.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>12 American Solutions for Jobs and Prosperity</title>
		<link>http://savetalkradio.com/2009/02/24/12-american-solutions-for-jobs-and-prosperity/</link>
		<comments>http://savetalkradio.com/2009/02/24/12-american-solutions-for-jobs-and-prosperity/#comments</comments>
		<pubDate>Tue, 24 Feb 2009 06:11:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Jobs & Economy]]></category>
		<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=477</guid>
		<description><![CDATA[American Solutions has done it again.
They have presented a realistic opportunity for this country to get back on track without the deficit spending and future tax increases recently passed by the Obama Administration.  
I welcome your feedback on what is presented here.]]></description>
			<content:encoded><![CDATA[<p><span id="ctl00_ContentPlaceHolder1_lbl_body"><span class="tabSelect"><strong>This is taken from the </strong><a href="http://www.americansolutions.com/General/?Page=01607eab-e608-4f34-8ca7-367da48a1430" target="_blank"><strong>American Solutions website</strong></a><strong>. </strong></span></span></p>
<p style="text-align: justify;"><span><span class="tabSelect">Washington solutions of more money for more government, more power for politicians, more debt, and more bureaucrats will not lead to real growth in jobs and prosperity.</p>
<p></span></span><span><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Payroll Tax Stimulus.</p>
<p></span></span></span>We need a clear and decisive alternative that creates jobs and rewards work, saving, and investment.</p>
<p style="text-align: justify;">With a temporary new tax credit to offset 50% of the payroll tax, every small business would have more money, and all Americans would take home more of what they earn.</p>
<p style="text-align: justify;">A tax credit that offsets 50% of the payroll tax would put close to $1,500 in the pocket of the typical worker making $50,000, with the same amount going to the employer.</p>
<p style="text-align: justify;">This would mean an increase in take-home pay for every American worker, and it would put more money into the hands of small businesses.<br />
<span class="tabSelect"><br />
<span style="font-size: medium; color: #23486a;">Real Middle-Income Tax Relief.</span></span></p>
<p style="text-align: justify;">Reduce the marginal tax rate of 25% down to 15%, in effect establishing a flat-rate tax of 15% for close to 9 out of 10 American workers.</p>
<p style="text-align: justify;">Marginal tax rates for middle-income families in the 25% tax bracket are too high. Add in effective payroll tax rates of 15% and state income taxes, and these workers are laboring under marginal tax rates of close to 50%. No wonder middle-income wage growth has slowed sharply.</p>
<p style="text-align: justify;">Reducing the marginal tax rates for these middle-income earners would lead to income increases for middle-income workers, just as reducing excessive marginal tax rates for higher-income workers did, going all the way back to the Kennedy tax cuts of the 1960s.<br />
<span class="tabSelect"><br />
<span style="font-size: medium; color: #23486a;">Reduce the Business Tax Rate.</span></span></p>
<p style="text-align: justify;">Match Ireland’s rate of 12.5% to keep more jobs in America.</p>
<p style="text-align: justify;">America has the second-highest corporate tax rate in the industrialized world, with a federal rate of 35 percent--rising to 40 percent on average with income taxes. The average corporate tax rate in the European Union countries is 24 percent. Even India and China have lower corporate tax rates. Ireland adopted a 12.5 percent corporate tax rate 20 years ago. Since then per capita income has soared from the second-lowest in the EU to the second-highest.</p>
<p style="text-align: justify;">Small businesses are responsible for the overwhelming majority of jobs created in America. A reduction in the corporate tax rate would allow them to keep more of their money and hire more employees.</p>
<p style="text-align: justify;">Owning or operating a business is hard and expensive. Our government should not make it harder and more expensive. Lowering the business tax rate would create and keep more jobs in America, instead of exporting them to other countries.<br />
<span class="tabSelect"><br />
<span style="font-size: medium; color: #23486a;">Homeowner’s Assistance.</span></span></p>
<p style="text-align: justify;">Provide tax credit incentives to responsible home buyers so they can keep their homes.</p>
<p style="text-align: justify;">The housing crisis stems from the fact that there is an excess supply of housing. This abundance of houses on the market significantly decreased demand for housing and caused defaults to rise sharply.</p>
<p style="text-align: justify;">Reducing the existing supply of housing by providing a tax credit to responsible home buyers, reduces defaults by slowing price decline.</p>
<p style="text-align: justify;">As a result, increased housing demand will work to stabilize prices and brings nearer the time when home building increases.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Control Spending So We Can Move to a Balanced Budget.</span></span></p>
<p style="text-align: justify;">This begins with eliminating Congressional earmarks and wasteful pork-barrel spending.</p>
<p style="text-align: justify;">A government of the people, by the people, and for the people is one that is responsible with the people's money. The most effective way to allow American wealth to be harnessed for the benefit of society is to put it in the hands of the people who will put it back in the economy.</p>
<p style="text-align: justify;">As the federal budget has only been balanced for four years out of the last twenty five, some of the critical building blocks to a successful and prosperous economy have been absent.</p>
<p style="text-align: justify;">Restoring fiscal sanity and accountability to Washington also means eliminating wasteful pork-barrel spending. The budget process must be both honest and transparent, and spending should never be a result of insider connections in Washington.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">No State Aid Without Protection From Fraud.</span></span></p>
<p style="text-align: justify;">Require state governments to adopt anti-fraud and anti-theft policies before giving them more money.</p>
<p style="text-align: justify;">The Government Accountability Office recently <a>released a report</a> that shows over 10 percent of Medicaid payments were improper in 2007, or <a href="http://www.gao.gov/new.items/d09271.pdf"><span style="color: #000000;">$32.7 billion in one year</span></a>. In just New York along, over $5 billion a year is wasted <a href="http://www.nytimes.com/2005/07/18/nyregion/18medicaid.html?_r=2&amp;pagewanted=print"><span style="color: #000000;">as a result of fraud.</span></a></p>
<p style="text-align: justify;">Such fraud and abuse in our entitlement programs drives up costs, and it will only get worse as more Baby Boomers retire and enter the system.</p>
<p style="text-align: justify;">When government decides to spend our tax-dollars, we must demand honesty, transparency and accountability. Therefore, states must be required to <a href="http://www.healthtransformation.net/cs/healthcarethatworks"><span style="color: #000000;">adopt best practices</span></a>, such as moving to electronic records, if they are to receive any taxpayer money.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">More American Energy Now.</span></span></p>
<p style="text-align: justify;">Explore for more American oil and gas and invest in affordable energy for the future, including clean coal, ethanol, nuclear power and renewable fuels.</p>
<p style="text-align: justify;">We have more energy resources than any country in the world, yet we are sending billions of dollars every year to foreign dictators to meet our energy needs. That is bad for both our economy and our national security.</p>
<p style="text-align: justify;">We can begin to solve this problem by <a href="http://www.americansolutions.com/drillnow"><span style="color: #000000;">drilling for more of our own oil and gas.</span></a></p>
<p style="text-align: justify;">By making the transition to clean coal technology, we can utilize our vast resources of coal (27 percent of the world’s reserves), dramatically reduce carbon emissions, and become a worldwide leader in green technology.</p>
<p style="text-align: justify;">France currently gets the majority of its electrical power from nuclear plants. While it is essential that the government establish safety standards, we should work to reduce the barriers to nuclear investment so we can take advantage of this clean, reliable energy source.</p>
<p style="text-align: justify;">We have the ability to replace a meaningful percentage of our gasoline consumption with ethanol if we aggressively develop the millions of tons of biomass in America.</p>
<p style="text-align: justify;">A Manhattan project to stimulate advances in renewable fuels and alternative energies will allow us to eventually produce safe, clean, efficient and inexpensive fuels here at home.</p>
<p style="text-align: justify;">Developing more American energy will translate into more money and jobs staying in America.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Abolish Taxes on Capital Gains.</span></span></p>
<p style="text-align: justify;">Match China, Singapore and many other competitors. More investment in America means more jobs in America.</p>
<p style="text-align: justify;">The current tax on capital gains constitutes double taxation, to which no American should be subjected. Already taxed on income, if an individual decides to save or invest his or her money then the government taxes it again.</p>
<p style="text-align: justify;">Eliminating the tax on both personal and corporate capital gains would encourage saving and investment, boosting the economy by empowering the taxpayer rather than the Internal Revenue Service.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Protect the Rights of American Workers.</span></span></p>
<p style="text-align: justify;">We must protect a worker’s right to decide by secret ballot whether to join a union, and the worker’s right to freely negotiate. Forced unionism will kill jobs in America at a time when we can’t afford to lose them.</p>
<p style="text-align: justify;">Workers have had the right to a secret ballot since 1935, to ensure that they would have a vote free of coercive pressure.</p>
<p style="text-align: justify;">The Employee Free Choice Act would replace the secret ballot with a card-check system that would make workers' votes public and subject to intimidation by union organizers.</p>
<p style="text-align: justify;">Forced unionism will kill jobs and drive them out of America, at a time when we cannot afford to lose them.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Repeal Sarbanes-Oxley.</span></span></p>
<p style="text-align: justify;">This failed law is crippling entrepreneurial startups.  Replace it with affordable rules that help create jobs, not destroy them.</p>
<p style="text-align: justify;">It has been six years since Congress passed the Sarbanes-Oxley Act after the devastating accounting irregularities of Enron and WorldCom. While the intent of the law was to prevent corporate fraud, there is growing evidence that it has done more harm than good, and is undermining the venture-capital industry in Silicon Valley.</p>
<p style="text-align: justify;">Economic growth in a sound market economy requires smart regulation, not destructive regulation that hurts economic growth.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Abolish the Death Tax.</span></span></p>
<p style="text-align: justify;">Americans should work for their families, not for Washington.</p>
<p style="text-align: justify;">The “Death Tax” is an unfair double taxation that hurts working families. The assets that working Americans earn or produce over their lifetime have already been taxed once.</p>
<p style="text-align: justify;">Not only does the “Death Tax” undermine savings and investment needed for small business growth, these taxes undermine the promise that hard, honest work will be rewarded.</p>
<p style="text-align: justify;"><span class="tabSelect"><span style="font-size: medium; color: #23486a;">Invest in Energy and Transportation Infrastructure.</span></span></p>
<p style="text-align: justify;">This includes a new, expanded electric power grid and a <a href="http://www.americansolutions.com/travelasap"><span style="color: #000000;">21st century air traffic control system</span></a> that will reduce delays in air travel and save passengers, employees and airlines billions of dollars per year.</p>
<p style="text-align: justify;">Though we often take modern transportation systems for granted, the development of effective transportation technology and infrastructure is one of the prime factors behind our individual and national prosperity.</p>
<p style="text-align: justify;">Transportation systems have dramatically reduced economic transactions costs, increased the speed and reliability of trade and communication, and brought enhanced quality and convenience to the lives of individuals across the country.</p>
<p style="text-align: justify;">The future of American prosperity will at least partially depend on our ability to meet modern transportation demands with innovation and effectiveness.</p>
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		<title>Why Keynesians are Wrong</title>
		<link>http://savetalkradio.com/2009/02/16/why-keynesians-are-wrong/</link>
		<comments>http://savetalkradio.com/2009/02/16/why-keynesians-are-wrong/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 05:41:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[Christian Hine]]></category>
		<category><![CDATA[Jobs & Economy]]></category>
		<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=468</guid>
		<description><![CDATA[By Christian Hine
Keynesian economics, the belief that government spending is more effective at stimulating an economy than the private sector, is flawed for multiple reasons.  You have to understand that the government has no money that it hasn’t first taxed out of the economy.  That’s reality, that’s common sense.]]></description>
			<content:encoded><![CDATA[<p><em></em></p>
<p style="text-align: justify;"><em><a href="http://savetalkradio.com/wp-content/uploads/2007/07/group-just-me.JPG"></a>This is taken from a debate between myself and a friend.  Facebook isn't conducive to long winded responses, so I posted it here. </em></p>
<p style="text-align: justify;">You’d be surprised to learn that your last post contained many elements that show you do understand some things in the correct light, but I believe a loyalty and comfort found in the rhetoric of your side is preventing you from seeing your own points through to their logical conclusion.  There’s also some error in the way you are assigning cause and effect relationships to things that are in reality unrelated to each other.  Let’s dive in!</p>
<p style="text-align: justify;">First, I’d like to retouch the primary point I was trying to make in my last note to you that was addressed incorrectly by your response.  I’ll repeat.  Keynesian economics, the belief that government spending is more effective at stimulating an economy than the private sector, is flawed for multiple reasons.  You have to understand that the government has no money that it hasn’t first taxed out of the economy.  That’s reality, that’s common sense.</p>
<p style="text-align: justify;">What’s worse is that it’s the government that then decides what to do with that money rather than the people who gave up a portion of their lives in order to earn it.  Time is money.  If you take my money, it’s the equivalent of stealing my time.  I have worked for you instead of for myself, and have essentially become your slave.</p>
<p style="text-align: justify;">Let’s take a husband and a wife.  If I take $50 dollars out of the husband’s pocket and use it to buy the wife a toaster oven, are they any better off than they were previously? Of course not!  Now, perhaps if they needed a toaster oven we could say at least they haven’t been harmed.  Problem is, perhaps there were other things they needed more.  I have denied them the ability to do what is best for themselves by forcing them into what it is I thought they needed.  Oh, and by the way, since I got hungry I used $10 dollars to buy my lunch first and the toaster I gave them is only worth $40.  That’s the government mentality.  Take your money, waste a sizable percentage of it, then give you the leftovers back in terms of services that you may or may not need, use, or desire.   Multiply this out by billions of dollars and it starts to make less and less sense.  </p>
<p style="text-align: justify;">Our economy can thrive when the people themselves, through billions of voluntary transactions, decide what is desirous and what is not.  Placing that power in the hands of a few bureaucrats who run a government agency is not only bad policy, but the height of arrogance.  If we are all supposedly too stupid to take care of ourselves, how then can any one of us be responsible for everyone else?!  Our new treasury secretary couldn’t even figure out his own taxes!</p>
<p style="text-align: justify;">The only other way, besides taxing, that government can have money to spend is simply to arbitrarily print it.  This, of course, causes inflation, a hidden tax.  Now, you’d have liberal economics “experts” try to use the Phillips Curve to justify Keynesian thinking and show that a little bit of inflation is worth the government spending if unemployment is lowered as a result.  Once again, however, reality has shown otherwise.  The stagflation of the 1970’s wasn’t supposed to be possible.  Inflation and unemployment going up simultaneously?  Unthinkable!  It did of course happen.  Nobel prize winner Robert Lucas presented an amazing breakdown of the Phillips Curve which, along with work by Milton Friedman and Edmond Phelps, pretty much killed Keynesian thinking for awhile and made room for the tax cutting and resultant growth of the 1980’s.<br />
Anyway, now back to some of your specific points….</p>
<p style="text-align: justify;">While we disagree on the current scope of the economic situation, I will agree that circumstances this time are different than in the past.  While I don’t believe we are there yet, I think that if we continue down the path we are on, a true depression will be a possibility.  The pork ridden spending bill that Obama has been hysterically frightening people to support, and finally won enough from Congress to pass, (though they admit to not even having read the thing and no time was given for public research into it…so much for the much talked about transparency!) is a simple continuance and exaggeration of the very problem you rightfully point out in your paper…the overspending and borrowing of the last several administrations!</p>
<p style="text-align: justify;">Over spending got us into this situation and by God it will get us out!??? It’s like a gambler who loses $10,000 in Las Vegas and his solution to fix the situation is to gamble another $20,000!</p>
<p style="text-align: justify;">I am also excited to see that you realize this is a global situation.  I hope that you put two and two together to understand that closing off trade to the rest of the world right now would be disastrous.  You might want to share that with your fellow democrats who lead the charge in Congress for protectionist trade policies at the behest of their union constituents.</p>
<p style="text-align: justify;">Now, on to bailouts!</p>
<p style="text-align: justify;">GW Bush was an idiot and he set the stage for one of the worst policy decisions I have experienced in my lifetime.  These bailouts of companies declared “too big to fail” are beyond bad policy.  Companies need to be allowed to fail!  That’s what keeps the market system honest and effective.  Should we have bailed out the 8 track tape companies?  How about the horse and buggy manufacturers?  Of course not.  When technology changes, market desires change, etc, it naturally creates an ebb and flow.  A free market system encourages the development of new products and ideas while simultaneously weaning out those products and ideas that are no longer desirable or viable.  It also teaches best practices in terms of management for companies within the same industry.  The poorly run companies should fail and be replaced by others who would learn the lessons of the failed company.  If they don’t, then they fail as well.  This is good! </p>
<p style="text-align: justify;">The government subsidizing an industry whose time has come or whose management is poor only serves to reward bad behavior and makes the next generation less likely to materialize.  It stunts growth by rewarding mediocrity.  How would a new company compete when the seemingly unlimited resources of the government are backing the competition?  Why bother even try to compete?  Everyone can simply enjoy the consistent mediocrity rather than take a risk to better themselves.  When government makes risk taking less desirable and punishes productivity, everyone loses. </p>
<p style="text-align: justify;">I see you rightfully criticize what the banks have done with the money…so far as they have let us know.  There is such a lack of transparency here it’s insulting.  We have a right to know the use of every penny of our tax dollars.  This is, however, an example not of evil corporations, but rather of how government “charity” often goes wrong.  I think you’ve made my point here.  The road to Hell is paved with good intentions.</p>
<p style="text-align: justify;">To also further clarify a point regarding the banking industry, I hope you realize that it was actually government policy that led to much of the recent breakdown…especially in the housing sector.  When the government started mandating that banks make loans based not on ability to pay, but rather demographic and social makeup, that was bad enough.  To top it off, guaranteeing those loans through Fannie and Freddie set the stage for what we ended up with.  It was like sending someone to Las Vegas and saying that they could keep any winnings they won, but any losses would be covered by the government.  Of course many bad decisions where made, but essentially it was at the behest of the government meddling where it should not have been.  Government encouraged greed, and people took advantage.  Both were wrong.</p>
<p style="text-align: justify;">I’ll take strong exception to one statement you make: Democrats and liberals don’t believe in getting everyone up on their feet, at least not the liberal elitists that control much of that party.  I think you, as an individual, may have that desire (and rightfully so!), but the party itself certainly doesn’t as is made evident in its policy making.  They believe in punishing success and tearing down those in one economic spectrum for the supposed benefit of those at the other end. Truth is, you can’t help one person by hurting another.  </p>
<p style="text-align: justify;">It is Conservative policy (notice I don’t say GOP policy) that actually believes that all people are capable of making something out of themselves.  What you can’t do is punish productivity and discourage people from risk taking.  That is what government policy does.  It encourages laziness and ineptitude by crushing the human desire for self-betterment.  Government makes success harder.  As a business owner, I know that first hand.  And I’ll be honest with you with a specific example.  I am barely holding things together right now as it is.  If my taxes go up even slightly under the Obama administration, the first place I am going to cut expenses is by letting go my part time employee.  Liberal tax policy never takes into consideration the economic slowdown the policies create; they simply think “Yea more money to spend!”  Truth be told, most of the problems government feels obliged to try to “fix” have often been caused by other policies designed to “fix” something else.  It’s a never ending cycle.  The government is a roadblock to prosperity.     </p>
<p style="text-align: justify;">I also hope you were joking when you suggest that “very, very, very, little makes it to the bottom” and started to compare the US to some third world country.   The poor in this country would live like kings in the rest of the world and have continually been improving themselves for decades in this country.  “The rich get richer and the poor get poorer” is just a flat out lie.  Truth is, in a growing economy, both rich and poor get richer.  It’s the numbers, I can’t help what reality is.<br />
Furthermore, check out this article. <a href="http://www.opinionjournal.com/editorial/feature.html?id=110005242">http://www.opinionjournal.com/editorial/feature.html?id=110005242</a><br />
It’s the first I grabbed out of a seemingly endless supply that say the same thing.  Here’s a brief snippet, “In other words poverty is relative, and in the U.S. a large 45.9% of the "poor" own their homes, 72.8% have a car and almost 77% have air conditioning, which remains a luxury in most of Western Europe. The average living space for poor American households is 1,200 square feet. In Europe, the average space for all households, not just the poor, is 1,000 square feet.”</p>
<p style="text-align: justify;">I lived in Europe and can attest to the fact that what they consider middle class over there would almost be considered poverty in this country.  For heaven’s sake, a microwave was considered a luxury good!</p>
<p style="text-align: justify;">On a philosophical level I want to ask you a question.  You seem to imply that all business is evil and greed.  You point to some of the examples that hit the news right now, but are you really serious about not trusting the private sector!?  First of all, your blanket statement would be like someone saying that all Muslims are terrorists.  It’s just not true, but all you hear about is the bad side and so it seeps into the cultural mindset.  Is there greed and corruption in the private sector?  YES!  And these are the very businesses that you want our government to save?  Wrong solution.  This is a test of our will to be a free market economy.  These companies have failed in many cases because of their greed and corruption.  Allowing them to fail is the message that needs to be sent.  It won’t be totally disastrous because others will quickly come to fill the void.  But here’s my question.  If you don’t trust the people in business to take care of this economy because of greed and corruption, are you suggesting that the government itself is made up of people who have a spotless record in terms of their own greed and corruption?  It seems you are trying to replace one demon with another.  At least Coke can’t mandate me to buy their product, or put me in jail if I refuse to buy one.  Government corruption, rewarding certain people through policy because they gave a lot of support to a powerful congressman, is a much deeper threat to the future of this country if you ask me.  Furthermore, government is the one entity that simply won’t “fail” as any business running by the same inefficient practices would.  Until you have fought the government bureaucracy, you just really have no idea what you’re messing with.       </p>
<p style="text-align: justify;">Ok, I’m beyond long winded now.  I’ll sum by saying both the Republican and Democratic Parties are pushing this once great nation in the wrong direction.  We haven’t had Conservative philosophy in action for decades…and even then we only got half.  1980’s tax policy pushed up revenues by huge numbers, but spending continued at record paces.  And your tribute to Roosevelt is strongly misguided.  The government programs he started which are still in place, like the ponzi scheme of social security, aren’t helping anyone…they are responsible for the ridiculous entitlement spending we can no longer afford and are going to bankrupt a generation.  Obama talks about cutting entitlements, too bad his actions don’t match his rhetoric.  This bill we’re getting is only going to increase the growth of government into unsustainable levels and our collapse becomes all the more imminent.</p>
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		<title>Stimulus Bill Passed In Vain Effort</title>
		<link>http://savetalkradio.com/2009/02/11/stimulus-bill-passed-in-vain-effort/</link>
		<comments>http://savetalkradio.com/2009/02/11/stimulus-bill-passed-in-vain-effort/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 06:04:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Christian Hine]]></category>
		<category><![CDATA[Jobs & Economy]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://savetalkradio.com/?p=440</guid>
		<description><![CDATA[Let us falsely assume for a moment that government spending and debt is "stimulative". Let us also believe the fear mongering and flat out lie committed by our President yesterday saying that this is the worst economy since the great depression. (I guess he forgot the early 80’s where inflation and unemployment were both in double digits, the oil embargo of the 70’s, etc, etc)]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><em><a href="http://savetalkradio.com/wp-content/uploads/2007/07/group-just-me.JPG"><img class="alignleft size-thumbnail wp-image-25" title="Christian Hine" src="http://savetalkradio.com/wp-content/uploads/2007/07/group-just-me.thumbnail.JPG" alt="Christian Hine" width="102" height="128" /></a>In response to a friend's assertion that the "stimulus" package is a good idea.</em></p>
<p style="text-align: justify;">Let us falsely assume for a moment that government spending and debt are "stimulative". Let us also believe the fear mongering and flat out lie committed by our President yesterday saying that this is the worst economy since the great depression. (I guess he forgot the early 80’s where inflation and unemployment were both in double digits, the oil embargo of the 70’s, etc, etc)</p>
<p>If that is all true, then why is a sizable portion of this “stimulus” package not even slated to be spent until after October of 2010 according to the CBO? That won’t have an affect on our currently “dire” situation, but it will be a nice boon for Congressmen seeking reelection the next month.</p>
<p style="text-align: justify;">Back to government spending as stimulus... That’s Keynesian theory and has been rebuked and proven false more times and in more countries than I can name. Use logic for a moment. For every billion dollars that the government spends on a project determined worthy by some bureaucrat whose job depends on coming up with these things, there is a billion dollars that must first be taxed out of the economy. (Unless the government simply prints it, devaluing currency, and leading to inflation…the hidden tax) For every ditch the government wants dug, there exists an infinite opportunity cost of what could have been done with the money if left in the private sector to begin with.</p>
<p>When the ditch is dug, and the government trough is again empty, that person is back out of a job and the total economy hasn’t been improved or changed in any meaningful way. If anything, it’s been made worse by the new debt obligations of the government.</p>
<p style="text-align: justify;">For this economy to improve; the ability, ingenuity, resourcefulness, and incentive of the American people to achieve their own ambitions needs to be reawakened. A business creating a job has a tremendously greater long term impact than the government doing so. Growth is only sustained via free people participating in open commerce determined by their own thoughts and wishes…not those of the government.<br />
By stripping away freedom in favor of macro and micro-economic manipulation by some lone government official who wants millions of dollars to install doorbells in Mississippi (true part of the stimulus), we are shortchanging ourselves and stripping out the vast potential this country, as a free country, has to offer the world. Oh, we’ll grow alright, with or without this “stimulus” plan, but with it the growth will be slower and the ceiling of economic prosperity will be lower.</p>
<p style="text-align: justify;">Ronald Reagan shared some prophecy for the moment in his 1981 inaugural address.  Here are some clips:</p>
<p style="text-align: justify;"><em>"You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we're not bound by that same limitation?"</em></p>
<p><em>"In this present crisis, government is not the solution to our problem; government is the problem. From time to time we've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else? All of us together, in and out of government, must bear the burden. The solutions we seek must be equitable, with no one group singled out to pay a higher price."</em></p>
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		<title>Huckabee Receives Standing Ovation</title>
		<link>http://savetalkradio.com/2007/10/15/huckabee-receives-standing-ovation/</link>
		<comments>http://savetalkradio.com/2007/10/15/huckabee-receives-standing-ovation/#comments</comments>
		<pubDate>Tue, 16 Oct 2007 03:21:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://savetalkradio.com/2007/10/15/huckabee-receives-standing-ovation/</guid>
		<description><![CDATA[Mike Huckabee presents a short speech on October 5 to the Americans for Prosperity "Defending the American Dream Summit".  I usually try not to just copy posts from the Huckabee blog, but I loved this speech.  Mike Huckabee just gets it.
  
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			<content:encoded><![CDATA[<p>Mike Huckabee presents a short speech on October 5 to the Americans for Prosperity "Defending the American Dream Summit".  I usually try not to just copy posts from the Huckabee blog, but I loved this speech.  Mike Huckabee just gets it.</p>
<p><object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/MkiOelOClnc"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/MkiOelOClnc" type="application/x-shockwave-flash" wmode="transparent" width="425" height="350"></embed></object>  </p>
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		<title>Dems and the FairTax</title>
		<link>http://savetalkradio.com/2007/09/29/dems-and-the-fairtax/</link>
		<comments>http://savetalkradio.com/2007/09/29/dems-and-the-fairtax/#comments</comments>
		<pubDate>Sat, 29 Sep 2007 20:37:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Christian Hine]]></category>
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		<guid isPermaLink="false">http://savetalkradio.com/2007/09/29/dems-and-the-fairtax/</guid>
		<description><![CDATA[I always love listening to rhetoric and then watching the same people who spout it ignore an opportunity to do something about it.  Case in point: I just received a fundraising letter from the Democratic Congressional Campaign Committee.  No, I'm not a Democrat, but I sign up for everyone's email list to keep in touch.  [...]]]></description>
			<content:encoded><![CDATA[<p><img align="left" width="102" src="http://savetalkradio.com/wp-content/uploads/2007/07/group-just-me.thumbnail.JPG" alt="Me" height="128" style="width: 102px; height: 128px" title="Me" />I always love listening to rhetoric and then watching the same people who spout it ignore an opportunity to do something about it.  Case in point: I just received a fundraising letter from the Democratic Congressional Campaign Committee.  No, I'm not a Democrat, but I sign up for everyone's email list to keep in touch.  This paragraph struck me as interesting:</p>
<blockquote><p>We know Cheney has <u><strong>raised hundreds of thousands of dollars</strong></u> this summer and Bush is on the offensive sending emails out for the Republican National Committee. We can't let their special interest friends who are always looking for special favors help them gain on us.</p></blockquote>
<p>To me, the important sentence is the last one.  (The bold and underlined portion is their doing.) So yes, great to talk about the evil Republicans and their "special interest friends"...but please pay no attention to the man behind the curtain!  It's as if the Dems are trying to say that they don't give any "special favors" to their own "special interest" groups! What Hypocrites!</p>
<p>And here is the way I want to call them on this rhetoric.  If they are claiming that they want to do away with the "special favors" being offered in order to raise money, then how about joining us and fighting for the FairTax!!!  Since most of the favors being given are related to tax code loopholes, then join us in eliminating the tax code and replacing it with a system that puts the lobbyists out of business. </p>
<p>For goodness sakes, don't criticize something you have no intention of fixing. </p>
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		<title>FairTax Continues Momentum</title>
		<link>http://savetalkradio.com/2007/09/27/fairtax-continues-momentum/</link>
		<comments>http://savetalkradio.com/2007/09/27/fairtax-continues-momentum/#comments</comments>
		<pubDate>Thu, 27 Sep 2007 07:07:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Christian Hine]]></category>
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		<guid isPermaLink="false">http://savetalkradio.com/2007/09/27/fairtax-continues-momentum/</guid>
		<description><![CDATA[I was thrilled to read today that HR25, the FairTax, has added a few more co-sponsors and is now up to, drum roll please, 66 in the House of Representatives. (67 if you include sponsor John Linder). 
The passage of this bill would represent the greatest transfer of power from government back to the people in the [...]]]></description>
			<content:encoded><![CDATA[<p><img align="left" width="128" src="http://savetalkradio.com/wp-content/uploads/2007/09/fairtax.thumbnail.jpg" alt="FairTax Logo" height="38" style="width: 128px; height: 38px" title="FairTax Logo" />I was thrilled to read today that HR25, the FairTax, has added a few more co-sponsors and is now up to, drum roll please, 66 in the House of Representatives. (67 if you include sponsor John Linder). </p>
<p>The passage of this bill would represent the greatest transfer of power from government back to the people in the history of this country.  Yes, that quote is stolen from Neal Boortz, but it is a very accurate statement.  I am tired of loopholes, lobbyists, and legislation working for one group of citizens over another, at the expense of eachother.  Our current system is a national embarrasment and the FairTax represents the next evolution of tax policy in this country.</p>
<p>If you have any questions about it, just leave me a comment.  I'm no official expert, but my grasp is better than many.</p>
<p>In the meantime, I would like to thank</p>
<p><a target="new" href="http://brown-waite.house.gov/">Rep. Ginny Brown - Florida</a><br />
<a target="new" href="http://fallin.house.gov/">Rep. Mary Fallin - Oklahoma</a><br />
<a target="new" href="http://www.house.gov/lucas/index.shtml">Rep. Frank Lucas - Oklahoma</a></p>
<p>for their support of this most important issue.  Click their name to link to their website and send them a thank you for becoming co-sponsors.  Hopefully we will send them a President to help lobby others and to sign it into law.  Um, that would be Mike Huckabee!</p>
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