JACK CAFFERTY/CNN NEWS

Jack Cafferty asked his viewers what they thought about the fact that only 50% of Americans pay taxes.  People called in expressing their views…..some saying how unfair this was……and I can understand their views.  He made the comment that it used to be 14% and now it is 50% that do not pay taxes.

HERE IS MY POINT:  Lets say before Jack asked this question he informed (little recap) the viewers of all the facts that have been reported on his show.  The Rich’s salarys have gone up 200% compared to middle class salary’s staying the same or actually dropping during the same time frame.

Facts that are important …..Their was not a George Bush or Obama running the country and Congress was not made up of all the VILLAGE IDIOTS.

Remind the viewers that the middle class pay a larger percentage of income taxes than rich Americans.                                                                                                                                               Remind the viewers that the middle class pay 7% of their income to FICA (social security) compared to……lets say Romney’s .00000001%.                                                                               Remind the viewers at this point what SOCIALISM FOR THE RICH MEANS……OH!….forgot…..CNN never has.                                                                                     Remind the viewers that 1.3 million more children live in poverty now that in 2000. That is 1 in 4 children.   USA TODAY says it is 1 in 5……..you get the point…..both figures are terrible.

MORE POINTS:  When the time only 14% of Americans did not pay taxes…..probably only 14% of Americans did not trust the news……now it is 46%.   (I had to throw this in)    Now….go into the mindset of the people that are taking advantage of the system  (which they do)  Remind them of the other side…..remember when CNN interviewed Donald Trump and he said what is wrong with taking advantage of the tax laws.  ASK YOURSELF…..why wouldn’t these people take advantage of the system?….Every time they turn on news or read the news paper they are hearing about corruption of politicians and in most cases notice that they usually don’t go to jail.   They see were corrupt bank CEO’s never get indited.  (WE ALL NO THE ANSWER TO WHY THEY DON’T)

NOW…..go back and ask the viewers the same question…..the smart ones will probably say…WHO GIVES A RATS ASS…..that isn’t the problem.

Couple of side notes….#1……when I started my first business I paid 50% of my income to taxes.  I had more money than I know what to do with…….I believe the people that did not pay any taxes was way under 14%.

#2…..Thank about this…..Figure out what our defense budget is for this year.  Now… someone that makes $30,000 a year doesn’t have as much to loose if we were taken over by another country (which won’t happen….just making a point) as someone that makes $20 million a year.  Is the $20 million a year person paying the appropriate amount of the defense budget since he has more to loose?   DON’T THINK SO

FELL THAT BREEZE…….that is my last comment blowing past the news peoples ears.

The problem with CNN is that they are trying to make a 24 hour show that can be done within a hour……23 hours of theater and one hour of real news.

UPDATE ON TAXES

Obama’s corporate tax reform.  RESENT INFORMATION:  CTJ recently studied most of the Fortune 500 companies that have been profitable in each of the last 3 years and found that their average effective tax rates during that period was 18.5 percent.  Thirty of the corporations had net negative tax rates over the three year period. (meaning that they received money from the Treasury)

MY POINT:  Corporations claim that they are overly burdened by the U.S. corporate income tax, which has a statutory rate of 35%.  New data demonstrate that most profitable corporations have effective tax rates that are far lower because of tax loopholes they enjoy.

I will explain LOOPHOLES in a different way….as I always do…….lobbyist go to their employees (CONGRESS) design loopholes for companies that they work for and these companies finance politicians re-elections.  This is a way to explain this without all the crap.

ANOTHER POINT:  Notice the networks spend more airtime talking about how many Americans don’t pay any taxes.  This is steering minds of the viewers in the direction they want to go.   Money talks

CUTTING OUT THE CRAP ABOUT TAXES

YOU CAN TELL IT IS ELECTION TIME……..The Corporate tax reform released by the Obama administration…….FACT….fails to raise revenue that could be used to make public investments in the American economy and American future.  FACT….President has proposed to reduce the statutory corporate tax rate from 35 percent to 28 percent making certain tax breaks permanent.  Total…these tax cuts would cost about $1.2 trillion over the next 10 years.  To offset this cost, the President proposed in his fiscal 2013 budget to raise about $.3 trillion from closing or reducing business tax loopholes.

What they are not telling you……                                                                                                       (1) All experts say that will leave almost $1 trillion in further business tax reforms that would be necessary for the tax plan to break even.  DON’T FORGET MY EARLIER COMMENT …..The IRS guy saying that Corporate American hires top notch tax lawyers      that can find loopholes in any tax laws.  This is a major point to remember…..the clueless…the news people will not.                                                                                                (2) Last year 250 organizations urged Congress to enact a corporate tax reform that raises revenue.   This was never mentioned on news……maybe they could not buy commercial slots on the networks.                                                                                                                                                Brook at CNN just made the statement that the US Corporations pay some of the highest taxes in the World.                                                                                                                             (3) FACT…..what they are not telling you……American Corporations have the 2nd lowest of any developed country in the world.                                                                                                   Cutting taxes create jobs and raises revenue………….                                                                     (4) PROVEN…..FACT…….Tax cuts reduce revenue and are not associated with economic growth.  REASON YOU WANT HERE THIS ON NEWS       YES…..I KNOW YOU GET IT      Commercials would be cut if the truth is told.  Even President Bush’s own Treasury Department concluded that tax cuts do not create enough economic growth to come close to off setting their costs or raising revenue.   ASK YOURSELF……why is this not reported now…..just before the election……OH>>>>>DAMN>>>>>CRAP>>>>>>just remembered….    COMMERCIALS

FACT:  While we have the 2nd highest statutory corporate tax rate on paper the excess of tax breaks and loopholes in our corporate tax code make it so the effective corporate tax rate (the amount actually paid) is close to half of that.  In fact, the US actually has the second lowest level of corporate taxes, as a share of its overall economy, of any developed country in the world..     WHY IS THIS NOT MENTIONED IN THE NEWS?                             I want to say it again…..the news media is the missing link to why our country is in trouble.

ONE MORE POINT:  When you here the politicians saying……the wealthy pay the majority  of taxes…….wouldn’t it be nice if a news person would say…..why not…they earn a highly disproportionate amount of income.   HOWEVER…..if they steered the conversation in that direction……guess what might happen?   YOU GUESSED IT……starts with a C

 

 

 

 

 

WHAT IS HAPPENING IN AMERICA

This is not a conspiracy theory…….go back over 1 to 170 comments on the website www.thebigturds.com…..click on the blog.   I just connect the dots to prove my point. I don’t want to steer anyone……you will get this on your own.

FACT: Federal Reserve statement…..decline in home prices have forced many Americans to cut back on spending.  There is a connection between home values and consumer spending which fuels 70% of economic activity.  Even Feds say the broader economy won’t fully recover until the depressed housing market turns around.  Recent declines in housing wealth may be reducing consumer spending between 200B to 375B per year.

What has happened…….the elites have created a lower middle class to do lower paying jobs.  They were doing the same thing when allowing a free flow of illegals from Mexico until the American people starting complaining about them taking their jobs.  Remember all the politicians that were saying…..they were doing jobs that the Americans won’t do.  They used them for what they needed…..lowering wages.  This was just step one…..reason for cutting free flow of illegals…… was not because of one political party that decided to listen to the American people…..it was because Mexicans and the lower payed people vote Democratic.  Remember John McCain saying……we need to have amnesty for the Mexican Illegals then doing a complete about face and wanted to strengthen the borders.  They did not need them anymore.  THEIR DEMOCRATS

FACT 2:  The Elites and Corporate America have cut out competition here at home. The majority of Americans that start a business do so by taking or borrowing equality from their home …..which no one has anymore.  Ask anyone that you know in business…..they will all tell you that a Independent or owner operated business can always out perform the larger corporation.  The reason is that he or she is overlooking the operation daily…..it’s their livelihood….they stay on top of everything.

My profs of this…..ever watch Undercover Boss….. demonstrates the clueless CEO.  What has happened to the independent is that the elites have set up structial barriers for middle class people to compete.

Remember…..5 top CEO’s that had agreements not to go after each others employees.  This is as corrupt as it gets……OH…..not to mention insider trading.   If you go back over all the comments from day one and understand the elite’s mindset ……you will connect the dots and understand what I have been talking about.

Thank about this……if the News would do their job and ask the right questions…..everything would change.  I have said this many times before…..ask all politicians……. what have you done for the home owners (ALL the 95%) they all agreed on bailing out the banks, why not the homeowners?  SIMPLE QUESTIONS

OH….keep forgetting…..homeowners don’t buy commercial slots on the networks, average people don’t buy lobbyists…..and as we all know…..lobbyist own all our politicians.             THE SYSTEM GOES ON

My first clue to what I have been saying……..I can think like them….you have to put yourself in their mindset and then it becomes clear. You are like the 95% and care about the American economy…..the elite care about the World Economy….and if you can see what is going on you will also understand that Americans are being sold out by a few in power.

ONE REASON FOR KNOWING I”M RIGHT……I have emailed and written the top 10 people at CNN and told them I can prove what I am saying and I have had no response…..plus my tweets are blackballed…..won’t go through.   That also tells me I’m on to something.

REMEMBER:  This is coming from someone that has voted Republican 95% of the time.  The Republican party that I knew no longer exists…..its the new formed Wall street Party.

IRAN OIL

News of the day….Iran cut exports to Britain and France…..apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s fuel exports.

HERE IS MY POINT:  CNN Tom Forman made a comment that the President will have a problem if gas prices are to high. AGAIN….I am not a fan of either of the last 2 President’s. Now…..what can a President do to change gas prices?  The comment above about Britain and France proves that shortage of oil can wreck a economy….if not….why would Iran do this in revenge?

ANOTHER POINT:  Their is no shortage of oil…..demand is down.  Prices are based on speculation because of turmoil in Iran.

IF I WERE A CROOK:  If I were a Congressman I would let it be known that their is a chance of war with Iran.  The day before I would have invested heavy in Oil stocks for starters. I  would also know that raising oil prices would slow the economy where my party would benefit. THAT WASN’T NICE…..I know these guys wouldn’t put party first …..American people next.

How many times has Tom Forman himself had people on his show that has said…..Economy is based on confidence…..people don’t spend if they think things are bad. Remember….people vote according to the economy…..how many times have we heard this?      Remember when Donald Trump said that every time the American people start doing better the Oil Companies takes it? Why didn’t Tom mention this to his viewers?

HERE IS WHAT I NOTICED:

Obama rising in the polls                                                                                                                       At the same time gas prices go up……remember….speculation?

They know  the news media is the enabler ……and how to play them.

REAL IMPORTANT

Tech firms conspired on hiring.  Senior executives at Google Inc, Intel Corp, Adobe Systems Inc, Intuit Inc, Lucas film LTD, Pixar and Apple Inc. violated antitrust laws by entering into secret anti-poaching agreements not to hire each others best workers.

REASON: To keep wages artificially low by preventing bidding wars for the best employees.  This is like the NFL, NBA and MLB owners getting together and not offering raises for the better players.  Their is a email that shows Steve Jobs himself sought and orchestrated at least some of the gentlemen’s agreements while apples CEO.

Remember the 4 straight days of praising Steve Jobs on all the news networks?  Why was this not mentioned?  Now…..if CEO’s would do this…..why would you believe they would not fix prices?

NEXT:  Makes you wonder when a CNN Contributors says……We need a business man in office…..not a Washington Insider.

OH!……… CRAP……I just remembered why the networks did not mention this……COMMERCIALS.

REMEMBER: I just mentioned in one of my latest comments about the major networks having a 43% to 46% trust factor……OH!……that survey was not mentioned on the networks.  (CNN at 43% and FOX at 46%)

How can people make any decisions when they never get all the facts?

NEW FACT INFORMATION

Obama is promoting tax cuts for Boeing, a company that paid nothing in net federal taxes over the past decade.    WOW  Track the Congressmen that have benefited in campaign money from Boeing over the last 10 years………probably find a answer to why.

GM has been in the news for the last few days……record profits…..giving out bonuses and the democrats are saying…..see…..we did the right thing.

What they forgot to tell you……..they still owe the government money that they received from the bailout……they are opening a 1.1 billion assembly plant in China.  Wouldn’t you think they should spend the bailout money in the US? Do you think that the news forgot to mention this because of all the GM commercials that are running on the networks?

NIKE announces plans for building a Greater China Headquarters…….maybe they don’t know the US is hurting for jobs.  Maybe we are the dumb ones…..must have that check on our jerseys.