Wha?

I'm kind of confused at who the GBLT community is going to protest about the failure of Proposition 8 in California.

Among white voters, Prop 8 passed 51% to 49%. You know what killed Prop 8?

Los Angeles and San Diego.

Orange County, Riverside County, San Bernadino County and San Diego County combined to kill prop 8. San Fran County voted 75% against Prop 8, but with only a little over 320,000 votes, Orange County by itself wiped all of those votes out.

In the end it was the black and latino vote that killed the bill. At 10% of the vote, blacks voted for the bill by a margin of 70-30, and Latinos who make up 18% of the vote voted for the bill 53-47

So what are Liberals going to do? Who are they going to blame? And how is that group going to react to their scolding?

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Let's Play Devil's Advocate

Everyone is talking about how corporations that lose money have been giving hteir greedy executives "Golden Parachutes" for bonuses.

Well, what if they actually deserved it?

Say I were an executive that released a report stating that they had a loss of $2 Billion for that year. Do I deserve a $1 Million Bonus? No?

What if as an executive I saved the company $5 Billion dollars that year? Should I not be given a bonus because the company did not break even?

Just playing Devil's Advocate here.

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Even Though I Don't Agree With The Man...

I can't help but smile when I see a man who is devoted to his wife like this.


I have to say, it's a sweet picture of Barack and his wife.

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President Elect, Barack Obama

America has reached a milestone, and has elected the first African American President.

Congrats...President Obama.

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Really Quickly...

On election day, I thought it would be important to demonstrate the varying coverage by the media, and again, the equality given by the "Right Wing Media" at Fox News.



You see Fox's coverage of Obama and McCain...Almost Identical. Fair and Balanced.

Go out and vote, ONCE!

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Mark Levin Kicks Teresa Ghilarducci's Tail

Wow. Mark Levin put a Beat-Down on Teresa Ghilarducci on Monday. But it wasn't an "I'm gonna shove facts down your throat" beat down. It was an "I'm gonna let you sound like an idiot" beat down.

Levin asked Dr. G questions about her plan that made her think she was in a nice, warm, and inviting environment (and you can tell it worked by her tone), when really, he was asking very calculated questions, aimed at making her answer in a way that she believed was smart, but listeners think that she doesn't have a clue what she's talking about.

Like when he was asking her about the Social Security "Trust Fund," he asked her where the money is. Her reply was that it is backed "By the full faith and credit of the United States." After some pressing from Levin about the fact that the money has already been spent, she admitted that the money has been "Borrowed by the government."

There were even times where she COMPLETELY contradicted herself. Here is this woman saying that we need the government to control our retirement accounts. Then Levin asked her if she had a pension. to which she replies "I have a GREAT pension that goes into a fund that is professionally managed" and her "trustees bargain with WALL STREET to get the best prices."

The best part? At the end;
Levin: Alright my friend. Alright, listen to me...We've got to go, you're a good sport. Just do me one favor, will you?
Dr. G: Yeah?
Levin: Stop detroying my country. Thank you for your call.

It's amazing!!!!

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Obama's First 100 Days

From Pat Buchanan at RCP

What does the triumvirate of Obama-Pelosi-Reid offer?

Rep. Barney Frank is calling for new tax hikes on the most successful and a 25 percent across-the-board slash in national defense. Sen. John Kerry is talking up new and massive federal spending, a la FDR's New Deal. Specifically, we can almost surely expect:

-- Swift amnesty for 12 million to 20 million illegal aliens and a drive to make them citizens and register them, as in the Bill Clinton years. This will mean that Nevada, Colorado, New Mexico and Arizona will soon move out of reach for GOP presidential candidates, as has California.

-- Border security will go on the backburner, and America will have a virtual open border with a Mexico of 110 million.

-- Taxes will be raised on the top 5 percent of wage-earners, who now carry 60 percent of the U.S. income tax burden, and tens of millions of checks will be sent out to the 40 percent of wage-earners who pay no federal income tax. Like the man said, redistribute the wealth, spread it around.

-- Social Security taxes will be raised on the most successful among us, and capital gains taxes will be raised from 15 percent to 20 percent. The Bush tax cuts will be repealed, and death taxes reimposed.

-- Two or three more liberal activists of the Ruth Bader Ginsberg-John Paul Stevens stripe will be named to the Supreme Court. U.S. district and appellate courts will be stacked with "progressives."

-- Special protections for homosexuals will be written into all civil rights laws, and gays and lesbians in the military will be invited to come out of the closet. "Don't ask, don't tell" will be dead.

-- The homosexual marriages that state judges have forced California, Massachusetts and Connecticut to recognize, an Obama Congress or Obama court will require all 50 states to recognize.

-- A "Freedom of Choice Act" nullifying all state restrictions on abortions will be enacted. America will become the most pro-abortion nation on earth.

-- Affirmative action -- hiring and promotions based on race, sex and sexual orientation until specified quotas are reached -- will be rigorously enforced throughout the U.S. government and private sector.

-- Universal health insurance will be enacted, covering legal and illegal immigrants, providing another powerful magnet for the world to come to America, if necessary by breaching her borders.

-- A federal bailout of states and municipalities to keep state and local governments spending up could come in December or early next year.

-- The first trillion-dollar deficit will be run in the first year of an Obama presidency. It will be the first of many.

Welcome to Obamaland!

Barack Obama is just the man to sign all of this into law, Pelosi, Reid, Kerry, Frank, and other hardcore liberals will be the one to propose the legislation. And as McCain reminded Americans, Obama has rarely voted against his democrat constituents.

It could be at least a very rough 2 years, until the next congressional cycle comes around.

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I Just Got To This

Plot to assasinate Obama


With the first black candidate in history, comes the possibility of something like this happening. Although I have to acknowledge the presence of "Assassination Chic" towards the Bush Administration, there have been no actual attempts on his life, despite the "Zero Curse" looming over his presidency.

Although I do not like the proposed policies of Democrats, and more over Barack Obama, I do not condone ANY form of harm directed in his direction, especially in the name of racism.

Racism is something that is a very hot topic for me and one that I absolutely cannot stand. The rampant use of the N-word from whites, and blacks is deeply appalling to me, and I firmly believe that all people are created equal under God. The only difference in people is what they do with those God given talents, and that ANYBODY, with the will to succeed and the proper encouragement can accomplish the greatest of things.

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Update To Previous Post

I haven't written much in the way of letters to the editor in my life, but after reading the one my dad sent to The Tennessean, I had to send one to the AJC. This is what I wrote;

Did you know that Congressional Democrats are contemplating the elimination of the tax breaks on your 401k? It's true. Democrats invited Teresa Ghilarducci to "inform" them of her idea. In a nut shell;
1) corporations would no longer get tax breaks for matching your contributions
2) 5% of your income would be taken and placed in an account (with an additional $600 from the government) that would buy government bonds making only 3% interest per year, and,
3) your current 401k growth would be considered taxable income every year.
Just to demonstrate how much this could cost you, a person making $30,000 per year every year for 35 years would have all of $133,000 in the government retirement account, compared to having $310,000 by putting the same amount in a 50% matched 401k making 7% per year.
Is that (D) really worth $177,000 of your retirement?

Well, is it?

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Democrats Love Taking Your Money

In case you didn't already know it. There's nothing a Democrat likes to do more than to spend your money. Not their money...yours.

And now they are planning on going after your 401(k). Teresa Ghilarducci, from the New School of Social Research has been invited by Democrats to testify about her "AWESOME" (read: ignorant) new plan for your retirement savings.

Here's the plan;
Eliminate all of the tax incentives for your 401(k) such as it being tax deferred until retirement (meaning that you have to pay income taxes every year on the growth of your 401(k), even though you can't access the money without being taxed more. And companies can no longer get the tax write off for contributing to your 401(k).

So not only will your company no longer match your contributions, when you get close to retirement, if you make $50,000 a year, and have $300,000 in a 401(k) that grows at a modest 7% that year, you have to pay income taxes on $21,000 that you actually never got. That is an additional $1,400 in taxes that you would magically have to come up with. If you had a good year and made 12% on your 401(k) ($36,000), you would have to pay over $3,600 in additional income taxes. And if you took money out of your 401(k) to pay for the income taxes on your 401(k), that money would be taxed at 40%. So you would have to pull out $6,000 from your 401(k) to pay for the $3,600 in income taxes on your 401(k)'s growth.

So what do they plan on doing about retirement savings? A Government Retirement Account controlled by the Social Security Administration that will take 5% of your income every year and match it with $600 per year. That's not bad. Until you look at how it will grow. 3%. A lousy 3%. That's less than half of the modest long term market average of 7%.

Here's a comparison for you. Lets say you make $30,000 every year for 35 years. Under the government plan, you would contribute $2,100 per year for 35 years, growing at 3%. And the grand total after 35 years is....
A whopping $130,779. That is barely 4 years of your $30,000 income.

Now let's look at the same contribution at a market average of 7%. So you are still making $30,000 per year, but with this, let's say your company will match half of your contribution up to 5% of your income. If that account has $2,100 added to it every year, that is only $1,400 of your income (instead of 1,500 for the government plan) and the company matches it with an additional $700. Now we let that grow for 35 years at a modest average of 7% and the total is now...
$310,618. MORE THAN DOUBLE THE GOVERNMENT RETIREMENT.

BUT! Let's looks at something else. What if you paid 5% and the company matched that at 50%. You would put in $1,500 and the company would match an additional 750, to $2,250 per year. That makes the total $332,805.

Now lets say you have a REALLY good company that matches your contribution dollar for dollar up to 5%. That's $3,000 per year at 7% for 35 years.
That gives a total of $443,740.


Do you really think the government should be in charge of your retirement savings? It could be a $310,000 question.


On top of that, here is a copy of a letter that my dad sent to The Tennessean;

The tax and spend Democrats are after your pocketbook again. They are planning to eliminate your 401K deduction and also increase the Social Security tax by 5% or more. So not only will you be taxed on your retirement earnings that used to be tax deferred through contributions to your 401K plan but they also want to force you to pay another 5% of your income to a "retirement account" that will be run by, guess who, the government. You will have no choice in the investment alternatives; it will be invested in government bonds only.

But make no mistake about it, this is not about planning for your retirement. This is another tax and spend plan that needs a source of income. Barack Obama wants to spend over $800 billion in his plan to fund global poverty and the Democrats need money to pay Social Security benefits to illegal immigrants. They have been stealing from the Social Security trust funds for decades and there is no reason to believe that this new source of revenue to the government will be any different. You will see your payroll withholding tax increase from 7.65% to approximately 13% and you will lose the tax deferral benefit of your 401K deductions. In addition, any earnings on your current 401K retirement fund will be taxed as ordinary income each year instead of being deferred until your retirement. So your tax withholdings for FICA will approximately double and your income from your 401K will be added to your normal income and be fully taxable each year which effectively reduces your retirement account balance.

So don't be surprised, if and when the Democrats take control of the government, that your taxes will drastically increase even though Barack Obama has pledged that they won't. Actions speak louder than words and the Democrats need a new funding source for their tax and spend plans. And guess who's going to provide that funding? You.

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