Ron Paul Guest Hosts Squawk Box & Debates Yale Professor Stephen Roach: RP 1, Prof Roach 0

Below is the youtube video of Ron Paul guest hosting on CNBC’s Sqawk Box earlier this week. The whole thing was great watching and worth the time. At one point, Dr. Paul is debating with a guest, Yale Professor Stephen Roach (beginning at 10:27). Dr. Paul claims that the dollar has lost 97% of its … Read more

Clark Howard, Hookers and Operation Fast & Furious: On & About This Week's Show

Clark Howard Stopped By the Studio!
What a great show! I was truly honored by a visit from WSB star, Clark Howard.  My hour with Clark was the most fun I’ve ever had on the radio.  If you missed it, you can check out show archives on wsbradio.com.  At first I thought Clark was annoyed that I was destroying the planet with incandescent light bulbs but really he was just giving me his!  He insists that the new light bulbs save money in year one and that they’re worth having for economic reasons alone.  I found that argument pretty persuasive.  And just for the record…It’s NOT that I want to destroy the planet,

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Ron Paul Responds To Elizabeth Warren! Plus Bonus: Is Ron Paul a Voluntarist?

On the show Saturday night I played a clip from Elizabeth Warren describing her vision of America, which is based on a socialist conception of government. Little did I know, Ron Paul responded to this very same clip on ABC News awhile back. [youtube=http://www.youtube.com/watch?v=7otK5NsuA4k] As an added bonus, here’s a video Eric Bigelow sent me … Read more

Why Was Tax Day Late This Year?

Normally, Tax Day is April 15, but this year it’s April 17–that’s because the 15th was on a Sunday and the 16th is Emancipation Day, which is a holiday in DC that celebrates Lincoln’s signing of the DC Compensated Emancipation Act on April 16, 1862, nine months before the Emancipation Proclamation.  A little known fact, … Read more

The Forgotten 4%

All this talk about fairness and the “rich” paying their “fair share”, you’d think the lower classes were bearing the greatest burden of taxation but they are not, not by a long shot!  First of all, 49.5% of tax filers pay NO INCOME TAX WHATSOEVER–these of course are the lowest earners, not the highest earners!  For this reason, and others, the United States has one of the most progressive tax systems in the world and has the highest corporate tax rate in the world.
I do think the current tax system is unfair, but because only the top half of all earners pay anything at all! And what’s worse, it’s the top earners, not the wealthiest, who pay the vast majority of the taxes. The idle rich (not that there’s anything wrong with that!) and the government-connected rich (there IS something wrong with that!) aren’t necessarily the ones paying income tax. Income tax is paid by those who earn an income for labor. The richer you are the less you need to do this so per force the majority of the highest earners are still below the level of those rich enough not to have to work–this is primarily (and perhaps by definition) the upper middle class.
According to the chart below, the lower 95% of earners are paying the same in taxes as the top 1%–both groups pay roughly 40% of the taxes. That other 4%,

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Happy Tax Day! I'd Rather Burn The Money: On & About This Week's Show

I might not mind so much paying taxes if I weren’t so horrified by what they’re using it for! Check out this article in this month’s Wired magazine:  The NSA Is Building the Country’s Biggest Spy Center (Watch What You Say).  And check out the insane New World Order imagery on this logo for the government program Total Information Awareness. I thought it was a joke or an Alex Jones type mock-up, but no, it’s real. I guess you can’t make this stuff up!

And this is what they’re up to….

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Obamacare, Romneycare & Proof That Both Parties March Us Down the Road to Serfdom: On & About This Week’s Show

Here is a video of the press conference Obama held last week. For Obama’s discussion of Obamacare and the Supreme Court as well as the sycophantic attitude of the reporter (which garners chuckles from fellow reporters)

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"Mommy, do you love America?"

During this election season, when I yet again have to grapple with the question: Do I vote for the possibly slightly lesser of two evils or do I take a stand and make a statement with my vote that might not swing the election but might move the dial? I learned something today that robbed me of my last delusion that there actually is a lesser of the two evils (listen to Saturday’s show to hear what I learned) and coupled with that realization I recalled a question my daughter asked me not too long ago which helped me to remember to take courage. Here’s my answer to her important question, in case you haven’t seen it before.

When my seven-year-old daughter asked me this question last night, I was gutted. Do I, the daughter of a Harley-riding, ultra-conservative, flag-fying war veteran, love America? I, the liver of the American Dream? Granddaughter of orphan and immigrants, waitress and community college student-turned-Harvard and Stanford grad, do I love America? I have always been a patriot! I welled up with tears when I first heard that

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