5 Jan 10: Goldman Sachs has announced that it is reviewing the possibility of moving its London office outside of Great Britain because of high taxes. One reason for companies to move is for them to cut tax costs. Companies move from high-tax states to low-tax states, as well as from high-tax countries to low-tax [...]
4 January 2010
For Immediate Release
Today marked the official launch of the candidacy of George Morovich in his quest to take over the seat now occupied by Representative Lloyd Doggett. Morovich filed with the Republican Party of Texas to be a candidate for the 25th U.S. Congressional District.
On this momentous occasion, Morovich said, “When we unseat [...]
3 Jan 10: The Obama Administration is treating the “Christmas Day Bomber” as a criminal rather than an enemy combatant. It has been reported that he provided some useful information about current terrorist operations when the interrogation started (including the existence of “a long line of others like me”). Unbelievably, early in the interrogation, he [...]
2 Jan 10: The first government reaction to the attempted bombing of an airplane on Christmas Day was to treat it as a political issue. Secretary of Homeland Security, Janet Napolitano, announced immediately after the attack that “the system worked.” It’s true that the plane didn’t blow up, but that had nothing to do with [...]
1 Jan 10: In 2001, Congress reduced the federal estate tax in stages so that it disappeared in 2010. As written, the law “sunsets” at the end of 2010, bringing back the original death tax rules in 2011 with a maximum 55% tax rate. Congress is considering a retroactive change so that certain estates will [...]
31 Dec 09: Thomas Jefferson stated “Never spend your money before you have earned it.” This maxim applies to governments, as well as individuals. President Obama talks about “laying a new foundation for growth and prosperity — a foundation that will move us from an era of borrow and spend to one where we save [...]
30 Dec 09: The recent terrorist attack on a plane to Detroit is clear evidence of the absurdity of the Obama administration’s intent to close the Guantanamo Bay detention facilities and to repatriate many of the current detainees back to their home countries. The plotters include two former detainees who were released in November 2007 [...]
29 Dec 09: “We the People” are supposed to be in charge of the government. This is not a theoretical concept. Our legislators are meant to represent “We the People.” They are to take the people’s will into account in every aspect of their job. It is obvious that this is not happening! The Senate [...]
28 Dec 09: We are witnessing a breakdown in the Constitution’s system of “checks and balances.” When President Obama wants, for example, a “health care bill,” then Congress does whatever is necessary to get something passed that has “health” in its name. Representatives and Senators are voting for bills that they have not even had [...]
27 Dec 09: The recent attempt to detonate an explosive device on a plane landing in Detroit is clear evidence that terrorism is still a real threat. The current administration has changed how it refers to terrorist activities. “Terrorism” is called a “man-caused disaster.” The “Global War on Terror” is now an “Overseas Contingency Operation.” [...]