Speaker of the House Nancy Pelosi hasn't even warmed up her gavel, but already the newest, and youngest member of her party's Congressional caucus, Alexandria Ocasio-Cortez, has suggested a 70% tax rate on earnings over $10 million. That's probably not the issue Pelosi thought she would have to explain right away to voters. John Harwood reports in CNBC: The top tax rate stood above 90 percent throughout the 1950s. But through deductions and tax avoidance, “taxes on the rich were not that much higher” then, the conservative Tax Foundation noted in a 2017 article. The top rate remained 70 … [Read more...]
Fun at the Gun Show
Former Marine officer Jeff Groom takes readers on a trip through an Ohio gun show at The American Conservative. Groom explains the multi-generational appeal of gun shows, and how his grandfather introduced him to the events. He writes: After returning to Ohio after nine years away in the Marines, I found myself with a weekend of free time. So I decided to check out an event I had frequented as a young man: a gun show. Sometimes called gun and knife shows, I was introduced to them by my grandfather in the early 2000s in a small Ohio town called Circleville. It was at that show that I … [Read more...]
The Shutdown’s Real Lesson: Too much of Economy Hostage to Government
“The problem with the shutdown is not that President Trump is holding the government ‘hostage,’ as House Majority Leader Steny Hoyer said, but that the government has taken hostage of too much of the U.S. economy,” writes Chris Edwards editor of www.DownsizingGovernment.org at the Cato Institute, a Washington, DC.,-based think tank focused on limited government. When security at the nation’s 450 commercial airports depends on the government—a shutdown matters explains Edwards pointing out that a spokesman for the TSA screener’s union said this Tuesday: “Some of [my members] have already quit … [Read more...]
Does Your Investment Advisor Take Legal Kickbacks behind Your Back?
When you seek investment council be sure you work with an investment boutique that’s required by law to act as your fiduciary. Ask the question: “Are you required by law to act as my fiduciary.” Do not accept any answer other than Y-E-S. Because too many professionals in this industry put themselves out there as “Investment Advisors” or “Financial Advisor” when in reality they are neither. In order to legally call yourself an investment advisor you are required to act as a fiduciary. So called “advisors” working for big Wall Street firms are not required by law to be your … [Read more...]
Ceremonial Sig Sauer M17 Pistols: Tomb of the Unknown Soldier
From America1Freedom.org: Silence, Respect, Dignity and Perseverance not only represent the aspects of the Sentinel’s Creed, but the name of the four pistols being presented to the Sentinel Guard protecting the Tomb of the Unknown Soldier. The pistols were created by SIG Sauer using the specifications of the U.S. Army’s M17 Modular Handgun System and are chambered in 9 mm. Presentation of the M17 Tomb of the Unknown Pistols will take place Oct. 11 at Arlington National Cemetery Chapel at 9 a.m. Included with the private presentation will be a Changing of the Guard right afterward, where … [Read more...]
With Governments that Won’t Protect Them, Europeans Arm Themselves
Through ineptitude or outright enabling legislation, many Western European governments have allowed terrorists, whether home grown or as part of the "refugee" wave, to proliferate within their borders. The lackluster efforts by these governments to root out terrorists and deal with them accordingly, has caused many Europeans to lose faith in the ability of their governments to protect them. Understandably, their lack of faith in their government has made many Europeans afraid, and that fear has encouraged them to take their safety into their own hands. Valentina Pop reports in the Wall … [Read more...]
Get Ready! The Annuity Onslaught is On
If you haven’t received an email selling you an annuity, get ready because the annuity onslaught is on. Yesterday I received one promising 4%. The fine print explains the egregious sales charges, penalties for early withdrawal (in case you need YOUR money), and a minimum holding period of five years. And your payment is contingent on the insurer being able to pay you. Let’s rewind here for a moment to the debacle that was 2008. If you recall, the insurance sector was on life support with big name insurers trading at less than $5 a share. And that’s not including the need for some to be … [Read more...]
Tucker Explains: Put America First, Put its Families First
Anyone driving through rural New England knows this part of America is not open for business. Take a drive up route 16N in New Hampshire up to North Conway and you’ll see what I mean. And yet upon visiting Boston, New York City, and Washington D.C., it’s hard to miss the cranes dotting the skyscape. These cities and others are the islands of opportunity out of sight to much of America. The America that I grew up in is gone. Gone are towns like mine where my dad was a realtor and my mom was a teacher and my sister and I had dinner with them at night and we believed in the American … [Read more...]
Is Mikaela Shiffrin the World’s Best Athlete?
As Barry Svrluga writes in The Washington Post, there comes a time in each great athlete's career where they become so dominant they must be compared across time rather than to their same-sport contemporaries. I’ve written about Mikaela Shiffrin before. Then, as now, I agree with Bode Miller–I’m not sure we’ve ever seen anyone better in the sport of skiing, male or female. At a certain point, the manner in which the best in any field evaluate themselves can’t be against other practitioners of that same pursuit. LeBron isn’t measured against his contemporaries; he’s measured against … [Read more...]
Tucker Explains: Two Visions for America
Last week I showed you a clip of Tucker Carlson in which he laid out a vision of the America that should be left to the next generation. Here's that clip again if you missed it: In stark contrast to Tucker's vision of America's future, is that of newly elected Congresswoman, Alexandria Ocasio-Cortez. She explained her vision to 60 Minutes last Sunday. Here is her interview with Anderson Cooper. … [Read more...]
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