Congress is gonna help us…

Comments Off on Congress is gonna help us…

And one wonders who is “helping” them, and caring about their constituents? What you should wonder is how soon you can send them packing…

From HotAir.com

While Rome Burns, Congress Members Get Richer

November 28,  by Howard Portnoy

If you are among the 2 million Americans who lost their home to foreclosure in 2009 or have been struggling to make ends meet, maybe you’re just in the wrong line of work (assuming you have a job).

There is one segment of the workforce that has seen its aggregate wealth increase by 16 percent. It has managed this feat, moreover, despite employer evaluations so negative as to be immediate grounds for dismissal in any other industry. That group is Congress.

A recently released study by the Center for Responsive Politics reveals that between 2008 and 2009, members of the U.S. House of Representatives enjoyed a 19-percent increase in wealth, from $645,503 to $765,010. During the same period, senators settled for a more modest raise of 5 percent, from $2.27 million to $2.38 million.

The report further shows that nearly half of all federal lawmakers—261—are millionaires, a financial distinction shared by only 1 percent of the general populace. Of those congressional millionaires, 55 have an average calculated wealth of $10 million or more, and 8 are in the exclusive $100 million-plus club.

Lest you think the inequity follows party lines, it is worth noting that the richest Congress member is a Republican, Rep. Darrell Issa of California, who in 2009 reported holdings in excess of $303.5 million. Next comes fellow Californian, Rep. Jane Harman, a Democrat, who reported $293.4 million. Sen. John Kerry (D-MA) finishes in third place with a mere $238.8 million.

Sheila Krumholz, Executive Director of the Center for Responsive Politics, explains the phenomenon of Congressional wealth thus:

Few federal lawmakers must grapple with the financial ills—unemployment, loss of housing, wiped out savings—that have befallen millions of Americans.  Congressional representatives on balance rank among the wealthiest of wealthy Americans and boast financial portfolios that are all but unattainable for most of their constituents.

Should you be wondering about those portfolios, seeking investment tips, the companies most heavily invested in were those that spend the most money lobbying federal officials, the amounts in some cases reaching into the tens of millions of dollars. Topping the current list of corporations in which Congress members have a personal stake is General Electric, stock in which is held by 82 members. Next comes Bank of America, (63 members), followed by Cisco Systems (61), Proctor & Gamble (61) and Microsoft (54).

At least 20 current members of Congress hold shares in companies that were targets of congressional or federal agency investigations, including Goldman Sachs and BP. Other companies that are favorites among Congressional investors are, not surprisingly, those at the center of legislative initiatives. At a time when Congress was putting the final ink on its 2,700-page health care reform bill before sending it to the president for his signature, a whopping 205 members of the legislature owned stock in the health care industry. As noted here, eight members of Congress own stock in a company that produces the full-body airport scanners at the center of an ongoing controversy.

It should be pointed out that not all members of Congress are sharing the wealth, if you can believe their personal financial disclosure reports. Among the anomalies is the financial report of Rep. Alcee Hastings (D-FA), whose average calculated wealth for 2009 was minus $4.73 million. Equally puzzling is the case of Rep. Pete Stark (D-CA), whose 2009 personal financial disclosure report appears to indicate a decline in wealth of 368 percent. Then again, since parts of Stark’s handwritten federal report are illegible, it is impossible to know his true financial picture.

Benjamin Franklin, one of the greatest legislators in the nation’s history, believed that servants of the people in government should receive no fee or reward for their services above and beyond personal expenses. Maybe it’s time to follow that sage’s sage counsel.

Advertisements

Don’t Worry about the Constitution, it’s just “silly stuff”

1 Comment

Rep. Phil Hare, D-IL, exemplifies the reason that ALL of them must go.  He has said specifically that he doesn’t care about the Constitution, and now, after ignoring questions about it, he tells a staff member who are about to get into the questioners face, to not worry about it…it’s silly stuff.

Just in Case you can’t Remember…

Comments Off on Just in Case you can’t Remember…

Ahh, the Clintons, the one’s who had the economy rolling, the ones who were ahem, “fiscally conservative”.  The ones who worried about the middle class, who felt their pain, are really hitting you with pain now! …. How come the Brits are writing this?  Would it be because people still worship these immoral, lying, drinking fools?  Sure, we all want the best for OUR daughters, but you, the people who they say they were fighting for are STILL spending for their largess.  Read on…

When your father is a former U.S. President and your mother is the Secretary of State, having your wedding reception in the local pub isn’t an option.

Chelsea Clinton’s big day in a country mansion on Saturday could cost up to £3.2million.

No expense will be spared at what will be the American society event of the year, with the equivalent of £6,400 being spent on each of the 500 guests.

Chelsea ClintonLast-minute shopping trip: Chelsea Clinton stocks up on books ahead of her wedding this weekend

Chelsea Clinton
Chelsea Clinton

Snack time: She was later spotted tucking into some frozen yoghurt

Tents costing £400,000 have been set up, £70,000 is going on tables and crockery and a staggering £320,000 is being spent on flowers, thought to be Casablanca lillies and orchids.

Miss Clinton’s dress, designed by Oscar de la Renta or Vera Wang, is rumoured to be a cool £16,000, and the jewellery she wears on the day is worth £160,000. The cake alone will cost £7,000 and security a further £130,000.

Guests are even being treated to porcelain portable toilets that flush, play music and have hot running water.

Miss Clinton is expected to hire between four and six Portaloo trailers – at a total cost of about £10,000.

The union of Miss Clinton, 30, and Marc Mezvinsky, 32, will take place at Astor Courts, the former estate of millionaire John Jacob Astor IV in Rhinebeck, New York.

Height of luxury: Miss Clinton is expected to hire porcelain portaloos at a total cost of about $15,000Height of luxury: Miss Clinton is expected to hire porcelain Portaloos at a total cost of about £10,000

Estimates put the cost at between £1.9million and £3.2million, far more than most celebrity weddings.

When Liza Minnelli and David Gest tied the knot, it cost £1.6million, while Tom Cruise and Katie Holmes spent £1.2million.

‘This will definitely be the biggest wedding of the year,’ said Donnie Brown, a celebrity wedding planner.

Businesses in Rhinebeck have been getting into the swing of things, with banners bearing messages of congratulations hung inside cafe windows and outside shops.

And as the big day draws near, it seems Miss Clinton has been hitting the gym to look and feel her best.

Astor Courts The wedding will take palce at Astor Courts in Rhinebeck, New York: 500 guests are expected to attend

Chelsea Clinton weddingSpacious: The estate is the former home of millionaire John Jacob Astor IV

astor courtsWedding tents? Canopies in the grounds of Astor Courts suggest preparations are well under way

The bride-to-be was spotted in New York yesterday leaving the gym after a work out.

After a quick change of clothes, Miss Clinton was snapped tucking into a tub of frozen yoghurt, but not before a spot of book shopping.

The rings will cost £3,500 each, alcohol and food for the main event and after party will come to £100,000, the equivalent of £200 per person, although the cake will cost £7,000 on its own with sugar flowers and fondants increasing the price.

Even mundane items like the stationery – invites, programmes and menus – will push the budget up, and are expected to come to a total of £32,000.

No expense has been spared with organisational matters either, and the rehearsal dinner alone cost £16,000 and a huge £320,000 has been earmarked for transporting guests to the event.

Hilary Clinton
Hilary Clinton

Hilary Clinton looked relaxed as she arrived outside Chelsea’s apartment (left): She was accompanied by an assistant carrying a large dress bag

As for the toilets, they will be equipped with sinks with hot water, vanities for the ladies, marble interior and skylights with a male and female attendant in each trailer.

Wedding planner Claudia Hanlin said the final bill would be pushed up by the high quality demanded across the board.

‘Food and booze are already expensive, but the Clintons are reportedly hiring multiple vendors, which is one reason the food estimate gets so high,’ she said.

On the plus side, it looks like both sets of parents can afford it.

Mezvinsky is an investment banker at Goldman Sachs and the child of two politician parents, Marjorie Margolies-Mezvinsky and Edward M. Mezvinsky, both former members of Congress.

Marc and Chelsea were teenage friends in Washington DC and they became closer as undergraduates at Stanford University, California.

Big day: Chelsea Clinton's wedding to Marc Mezvinsky in a country mansion on Saturday could cost up to £3.2millionBig day: Chelsea Clinton’s wedding to Marc Mezvinsky in a country mansion on Saturday could cost up to £3.2million

Bill and Hillary Clinton are also not shy of a dollar – since leaving office as president he has made a fortune from the lecture circuit and she is US Secretary of State, which carries an annual salary of £120,000.

Between 2000 and 2007 they earned a reported £70million.

The Clintons have have done their best to keep the guest list at a manageable number, forcing them to exclude many longstanding Democratic supporters.

A seat will doubtless be saved for President Obama should he attend – currently there are no plans for him to do so – but apart from that only those with a personal connection to the bride and groom have been invited.

Among the celebrities expected to attend, according to reports, are Oprah Winfrey, Steven Spielberg and Barbra Streisand, as well as former prime minister John Major.

Major donors to the party and dozens of acquaintances have been snubbed as the family tried to keep the list under 500 people.

‘We love you all but this is her wedding,’ Hillary Clinton said
Read more: http://www.dailymail.co.uk/news/worldnews/article-1298221/7k-cake-Chelsea-Clintons-3-2m-wedding-year.html#ixzz0v06JKx3w

Barney’s PO’ed Over a Dollar

Comments Off on Barney’s PO’ed Over a Dollar

Never thought I’d see either in the press…an arrogant politican making a scene about a dollar discount…or the fact that it was going into his favorite gay hangout…to quote the Joker…this town needs an enema!

Massachusetts Congressman Barney Frank caused a scene when he demanded a $1 senior discount on his ferry fare to Fire Island’s popular gay haunt, The Pines, last Friday. Frank was turned down by ticket clerks at the dock in Sayville because he didn’t have the required Suffolk County Senior Citizens ID. A witness reports, “Frank made such a drama over the senior rate that I contemplated offering him the dollar to cool down the situation.” Frank made news last year when he was spotted looking uncomfortable around a bevy of topless, well-built men at the Pines Annual Ascension Beach Party. Frank’s spokesperson confirmed to Page Six that his partner, James Ready, asked the ticket office for a regular ticket for himself and a senior ticket for Frank, “but was turned down because Frank didn’t have a resident ID.”

Barney Frank

Read more: http://www.nypost.com/p/pagesix/sorry_barney_no_discount_BSco6dW9b1VTgrL7GcCFrN#ixzz0v04iSNIR

And yet, Jobs for the IRS

1 Comment

And just so you know that Mike’s Post is real…take a look at the other thing they denied..that Republicans were lying about having to hire all those IRS agents….

If it seems as if the tax code was conceived by graphic artist M.C. Escher, wait until you meet the new and not improved Internal Revenue Service created by ObamaCare. What, you’re not already on a first-name basis with your local IRS agent?

National Taxpayer Advocate Nina Olson, who operates inside the IRS, highlighted the agency’s new mission in her annual report to Congress last week. Look out below. She notes that the IRS is already “greatly taxed”—pun intended?—”by the additional role it is playing in delivering social benefits and programs to the American public,” like tax credits for first-time homebuyers or purchasing electric cars. Yet with ObamaCare, the agency is now responsible for “the most extensive social benefit program the IRS has been asked to implement in recent history.” And without “sufficient funding” it won’t be able to discharge these new duties.

Reuters

Stimulus

That wouldn’t be tragic, given that those new duties include audits to determine who has the insurance “as required by law” and collecting penalties from Americans who don’t. Companies that don’t sponsor health plans will also be punished. This crackdown will “involve nearly every division and function of the IRS,” Ms. Olson reports.

Well, well. Republicans argued during the health debate that the IRS would have to hire hundreds of new agents and staff to enforce ObamaCare. They were brushed off by Democrats and the press corps as if they believed the President was born on the moon. The IRS says it hasn’t figured out how much extra money and manpower it will need but admits that both numbers are greater than zero.

Ms. Olson also exposed a damaging provision that she estimates will hit some 30 million sole proprietorships and subchapter S corporations, two million farms and one million charities and other tax-exempt organizations. Prior to ObamaCare, businesses only had to tell the IRS the value of services they purchase. But starting in 2013 they will also have to report the value of goods they buy from a single vendor that total more than $600 annually—including office supplies and the like.

Democrats snuck in this obligation to narrow the mythical “tax gap” of unreported business income, but Ms. Olson says that the tracking costs for small businesses will be “disproportionate as compared with any resulting improvement in tax compliance.” Job creation, here we come . . . at least for the accountants who will attempt to comply with a vast new 1099 reporting burden.

Meanwhile, the IRS will be inundated with useless information, because without a huge upgrade its information systems won’t be able to manage and track the nanodetails.

In a Monday letter, even Democratic Senators Mark Begich (Alaska), Ben Nelson (Nebraska), Jeanne Shaheen (New Hampshire) and Evan Bayh (Indiana) denounce this new “burden” on small businesses and insist that the IRS use its discretion to find “better ways to structure this reporting requirement.” In other words, they want regulators to fix one problem among many that all four Senators created by voting for ObamaCare.

We never thought anyone would be nostalgic for the tax system of a few months ago, but post-ObamaCare, here we are.

Where’s Your Tax Money going you ask?

2 Comments

From World Net Daily, Pelosi now on Top 10 list of most corrupt politicians because of her need for entitlement:

Taxpayers pay $101,000 for Pelosi’s in-flight ‘food, booze’

Speaker’s trips ‘are more about partying than anything else’


Posted: January 29, 2010
12:20 am Eastern

By Bob Unruh
© 2010 WorldNetDaily


Part of the tab for alcoholic drinks on a congressional trip arranged by House Speaker Nancy Pelosi

It reads like a dream order for a wild frat party: Maker’s Mark whiskey, Courvoisier cognac, Johnny Walker Red scotch, Grey Goose vodka, E&J brandy, Bailey’s Irish Crème, Bacardi Light rum, Jim Beam whiskey, Beefeater gin, Dewars scotch, Bombay Sapphire gin, Jack Daniels whiskey … and Corona beer.

But that single receipt makes up just part of the more than $101,000 taxpayers paid for “in-flight services” – including food and liquor, for House Speaker Nancy Pelosi’s trips on Air Force jets over the last two years. That’s almost $1,000 per week.

Documents obtained under the Freedom of Information Act by Judicial Watch, which investigates and prosecutes government corruption, show Pelosi incurred expenses of some $2.1 million for her use of Air Force jets for travel over that time.

“Speaker Pelosi has a history of wasting taxpayer funds with her boorish demands for military travel,” Judicial Watch President Tom Fitton said today. “And these documents suggest the Speaker’s congressional delegations are more about partying than anything else.”

Pelosi, D-Calif., recently joined President Obama on a Judicial Watch list of Top 10 corrupt politicians because of her “sense of entitlement,” the group said.

“Politicians believe laws and rules (even the U.S. Constitution) apply to the rest of us but not to them. Case in point: House Speaker Nancy Pelosi and her excessive and boorish demands for military travel. Judicial Watch obtained documents from the Pentagon in 2008 that suggest Pelosi has been treating the Air Force like her own personal airline,” the evaluation said.

//

And WND reported almost a year ago that Pelosi was shown to have been erratically canceling and rescheduling flights, as one would with an on-call taxi service.

“We have … folks prepping the jets and crews driving in (not a short drive for some), cooking meals and preflighting the jets etc,” said one Department of Defense e-mail then.

Another official sent an e-mail questioning a series of Pelosi’s requests for aircraft.

“Any chance of politely querying [Pelosi’s team] if they really intend to do all of these or are they just picking every weekend?” it stated. “[T]here’s no need to block every weekend ‘just in case’…”

The e-mail noted that the speaker’s office had “a history of canceling many of their past requests.”

Yet another e-mail exchange at that time revealed Pelosi’s demand that jets pick her up at Travis Air Force Base rather than San Francisco’s airport.

“She lives about 1.5 hours from SFO and much closer to Travis. … Whether it is the best use of assets is not the question. But instead is it worth upsetting the speaker. …”

Said another, “This is a battle that we are bound to lose if we tell the speaker(‘s) office. In the end, this is what will happen. I wish that I could say this is a one-time request, but we know it will probably happen again in the future.”

Yet another indicated a deep level of frustration:

“Here is the laydown: there are five G5s. Two are broke. Two off on CODELS. One slated for priority White House… we should keep on G-III for now for Tuesday afternoon and start sacrificing goats and chickens.”

Judicial Watch said the newly obtained 2,000 pages of documentation show Pelosi’s military travel cost the U.S. Air Force $2,100,744.59 over two years – including $101,429.14 for in-flight expenses, including food and alcohol.

Among the newest highlights revealed:

  • Pelosi used Air Force aircraft to travel back to her district at an average cost of $28,210.51 per flight. Of 103 Pelosi-led congressional delegations (CODEL), 31 trips included members of the House speaker’s family.
  • One CODEL traveling from Washington, D.C., through Tel Aviv, Israel, to Baghdad, Iraq, May 15-20, 2008, “to discuss matters of mutual concern with government leaders” included members of Congress and their spouses and cost $17,931 per hour in aircraft alone. This flight included the purchase of the long list of alcoholic drinks.
  • According to a “Memo for Record” from a March 29-April 7, 2007, CODEL that involved a stop in Israel, “CODEL could only bring kosher items into the hotel. Kosher alcohol for mixing beverages in the delegation room was purchased on the local economy i.e. bourbon, whiskey, scotch, vodka, gin, triple sec, tequila, etc.

Pelosi’s office could not be reached for comment. The answering machine said the office would be closed until Monday, and the mailbox was full, so no messages could be left.

Judicial Watch Inc. describes itself as a constitutionally conservative, nonpartisan educational foundation that promotes transparency, accountability and integrity in government, politics and the law.