You can fool nearly all the people…

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Inequality

Medicare Part B hike of 52% in 2016 is major tax increase

A 52% increase in Medicare Part B premiums is anticipated next year for about 30% of all participants. Nearly everyone older than 65 is on Medicare, so this huge change will affect 12 million or more Americans. And it’s all thanks to legislative changes by our politicians, who get virtually free healthcare for life. Most seniors (about 70%) will  pay $104.90 a month, or, oddly, $147 monthly just for the […]

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Planned Parenthood’s Cecile Richards, born with a silver spoon in her mouth, was given $590,000 from non-profit group in 2013

Former Texas Governor Ann Richards once said of former President George Bush: “Poor George, he can’t help it. He was born with a silver foot in his mouth” If former Texas governors can roll over in their graves, it happened this past week as her daughter Cecile – President of Planned Parenthood – boasted both a silver spoon and a silver foot, while trying to explain away a video discussing […]

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“Undertime” will solve many of our economic woes

This is my proposed amendment to The Fair Labor Standards Act of 1938 (FLSA; also referred to as the Wages and Hours Bill), a federal statute of the United States: In addition to the payment of overtime wages at 1.5 times the normal rate for workers, who exceed eight hours per day or 40 hours a week, the Federal Government shall require employers, who schedule any employee less than 30 […]

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Worker earns $12,320 more than “boss”, despite same hours. Let’s end employers’ abuse of “management” exemption.

The threshold to qualify for overtime pay, now $23,660, is expected to rise to $50,440 a year if new regulations are adopted by the Barack Obama administration. Until now, companies were allowed to call you a manager, pay you $26,000 and require you to work, say, 58 hours a week – no extra pay for hours worked more than 40. This has left many Americans earning far less than the […]

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“Fair Tax” by GOP would be fairy tale windfall for the rich

Leave it to the greedy politicians and their wealthy puppet masters to come up with yet another “reform” that will benefit the upper class at the expense of the other 99%. This time it’s called the “Fair Tax”, and it’s made of fairy dust for the entitled. Every GOP candidate for President appears to have been told this is the official goal for the year. It’s now a mainstay for […]

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Rich retiree today will earn $168,000 more Social Security benefits than the poor, despite same total FICA taxes

Social Security benefits the poor less than the rich when you look at statistics. Poor men live about ten years less than rich men (top 10%). Middle class men survive about five years less than the top 10%. The survival gap between men and women is stark for the poor, but doesn’t exist for the rich. Why? The poor work harder, usually at menial jobs, sometimes two jobs. They have […]

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Investor-owned properties destroying Baltimore home prices, while encouraging new slumlords, and bankrupting residents

Banks and investors own, plan to foreclose or auction, thousands of houses in Baltimore. Most are decrepit, but many are valued up to nearly a million dollars. But if you don’t have the cash, do you really think a mortgage company will finance your purchase here? In one big city after another depressed property prices have been windfalls for slum landlords. They buy hundreds, sometimes a thousand or more houses […]

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