Barney Jones, employed by Google between 2002 and 2006, had a cache of emails which reveal an elaborate corporate scheme to move UK profits to the Bahamas, by booking contracts with British customers through its Dublin office. He claims that Google dodged hundreds of millions of pounds in taxes over a decade, using this diversion.
Google insider exposes ‘immoral’ tax scam | The Sunday Times.
We see that the lefties are quite attentive to minimizing their tax burdens.
GE Capital, the financial division of General Electric, has ceased lending money to stores which exclusively sell guns and ammo. They retain a policy loophole which allows them to retain their relationship with Walmart and Dicks because those retailers sells other products in addition to shooting supplies. Of note is the fact that the father of Sandy Hook shooter, Adam Lanza, is a big executive at GE capital.
This policy change is supposed to be done quietly, but conservative media has the job of making sure that everyone knows.
Your friendly Pharmer has been boycotting General Electric for years, first due to its earlier ownership of NBC, a leftie media outlet, and later due to its position as an Obama crony and beneficiary. Now there’s another reason to boycott.
Check out the new viral ad from K Mart HERE Working hard to bolster flagging sales.…….. it seems that they’re Shipping their Pants, and everywhere else too.
January 2009 – 31,939,110 food stamp recipients.
October 2012 – 47,525,329 food stamp recipients
2009 food stamp expenditures 55.6 billion
2012 food stamp expenditures 80.4 billion
SNAP, the food stamp program, does not account for all of the 106 billion spent on food assistance in 2012.
Next time a leftie tells you that the economy is improving, ask him to account for these numbers, which show an average daily increase of 11,233 food stamp recipients during Obama’s first four years.
Alert denizens of the Eurozone might take action after learning what’s in store for ordinary savers in Cyprus, after this weekend. A tax, ranging from 6.5% to 9.9% will be levied on all deposits. The money is intended to bail out the banks, as well as the government.
Cyprus, up until this time attracted a good deal of international banking business. Things might change after depositors from elsewhere discover that they will be ‘receiving’ significant NEGATIVE interest on their savings.
The prospect of negative interest, and the example of Cyprus might increase the popularity of stuffing money into mattresses, throughout Europe.
UPDATE 3/19: Amid the threat of a bank run, (which caused banks to be closed until Thursday), legislators in Cyprus rejected the plan to tax bank savings up to 10 percent. This leaves the nation to search for a more palatable way out of their financial woes.
The Sequester is not really a cut in spending at all, but a reduction in the projected increase. The spending in 2013 will still be larger than 2012. However Obama promised a lot of pain to be associated with the sequester, and it would appear that federal officials are being ordered to make this happen.
And example comes from an internal email exchange by an Animal and Plant Health Inspection Service official, Charles Brown. He asked if he could spread whatever cuts might affect his region to make them as painless as possible. The answer was that he was not to do anything to lessen the impact on fish inspections, so that the effects would be as dire as Obama warned Congress they would be. Cuts in his area are to eliminate aid to prevent wildlife damage to the aquaculture industry in 24 states.
In other words, we have direct evidence that Obama is going to make HIS sequester painful, and blame the whole idea on the Republicans.
Obama also has threatened that he has an ability to target cuts, eliminating meat inspectors, for example, so as to reduce the available food supply. He might not remember that his supporters will be punished most of all, as this cut would affect the inner city “food deserts” more than the most rural areas. (Pharmer recalls to mind the increasingly severe cuts in DRUG supply which the nation has been experienced during Obama’s tenure.)
Since this APHIS email came to light, the USDA is walking back the implications of the report, saying that they will try to mitigate the effects of the sequester as much as possible.
The Washington Times also noted that the White house was facing questions on the 50 million dollar order for new TSA uniforms that it made just before the sequestration took effect.
Obama is also closing the White house to tours, and blaming this on the sequester. Perhaps he fears blowback from his obviously vengeful attitude towards Americans. Inside the beltway, people are asking why Obama can’t keep the White house open, noting that President Lincoln was able to do so throughout the time of the Civil War.
Barrie Obama is no Abe Lincoln.
Obama and cronies invented this sequester, and he threatened to veto any bill which interrupted the automatic reductions in planned spending.
PRESIDENT OBAMA: “Already, some in Congress are trying to undo these automatic spending cuts. My message to them is simple: No. I will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. There will be no easy off ramps on this one. We need to keep the pressure up to compromise – not turn off the pressure”
Obama signed the Sequester bill on August 2, 2011, and this LAW started cutting in 2012. It scheduled additional reductions (totalling 1.2 trillion) yearly over 10 years, with $85 billion in reduction planned for 2013. The president has a great deal of discretion in determining where the cuts will be.
Now Obama has turned against this plan that he originated way back in 2011, and is blaming it on the Republicans.
Sequestration amounts to about $85 billion reduction in the spending increase slated for this year. One half of that is for the defense dept. It means that spending for the affected areas will only go up about 6-8 percent instead of going up 8-10 percent as baseline budgeting dictates.
To put this 85 billion sequestration for 2013 in perspective:
The government spends $3.5 trillion per year.
The government spent $50 billion on Tropical Storm Sandy relief.
The government spent $30 billion on extension of unemployment.
There is an estimated 44 billion in improper medicare payments yearly.
The federal reserve prints $85 billion per MONTH and props up Wall Street with it.
The majority of people have envy of those who succeed in the financial world, to the extent that they would harm themselves in order to bring the “rich” people down a notch or ten.
This envy is utilized by the leftists in government to divide and conquer the people, and gather more power and influence for themselves.
Some people don’t realize that whenever taxes are raised on the “rich”, people in the middle and lower financial strata wind up paying the cost.
The truly rich people have the means to almost completely avoid the burden of taxes. They will pass the cost to the consumers of their products and services, streamline employment, and try to pay politicians to grant them exceptions. If these steps are insufficient, they simply move their money, their businesses, and themselves out of the country as the need arises.
Those who are not extremely rich, are more likely to suffer some harm from the tax burden, but they will shield themselves as long as they can. They will cut employment, cut costs, raise prices, perhaps move to another state, or close their business in an effort to preserve capital.
The smallest businesses will do the same, raise prices, and cut employment, and if the taxation becomes too burdensome, they will close down.
Note that in all cases, the business owners will pass the cost of taxation on to the consumers of their products. (If you are a leftist, read it again: the “RICH” business owners will pass the cost of taxation on to the consumers of their products. THAT IS YOU.)
Wanting the government to tax the rich is like peeing into a fan that is pointing back at YOU. It has increased the price on almost all of your necessities, and it has cut jobs!
If you dislike a particular business or rich person, you can boycott. That will not affect your finances to the extent that telling the government to tax the rich does.
Yes boycotts work. Pharmer has joined boycotts of businesses and charities which are known for supporting abortion, and many of these boycotts have been effective in stopping the funding. Unfortunately Obama and the federal government have made up the shortfall. It also appears that Obama has made up the shortfall to Wall Street by printing money and propping up the corporations which lefties purport to hate.
Perhaps Obama should be boycotted!
Bob Woodward, leftie journalist of the Washington Post, in a “random act of Journalism”, has revealed the detailsabout the origin of the ‘sequester‘, which Obama is currently blaming on the Republicans.
Jack Lew and Obama cooked up the ‘sequester‘. It’s automatically triggered reduction in projected spending, which was to prevent Obama from having to negotiate the issue during the campaign.
Do click on the paragraph above. You will find out that Bob Woodward is still a good leftie reporter, working for the Washington Post. Hecouldn’t dance to the media tune, because Obama’s lie contradicted what he had already written in his own book.
Woodward still thinks that Obama is right to insist on more taxes and, most particularly taxing the rich, but he’s not going along with the lie that the Republicans invented the ‘sequester’.
By the way, the sequester is puny, not enough reduction in spending, and will not cause the projected disasters because very little money is involved, as a percentage of total spending. Since the sequester is Obama’s idea, it does contain disproportionate reductions in projected military expenditures, when compared to government dependency programs.
President Obama on the sequester cuts – November 21, 2011 FOX news.
“My message to them is simple: No. I will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. There will be no easy off ramps on this one.”
SEC Investigating Possible Insider Trading in Heinz Buyout.
Someone grew $90,000 dollars into 1.7 million in a Heinz stock options deal just before the Berkshire Hathaway buyout of the company and the rapid increase in stock value. This suspicious deal, involving owners of a Swiss bank account and transacted through Goldman Sachs Bank in Zurich, was deemed suspicious enough by the SEC that they immediately froze the account.
The SEC thought the timing of the call options, and the fact that the account had not traded in Heinz stock within the last six months was just too lucky to be legal.
Looks like insider trading………… who owns that account? “Enquiring minds want to know”.
It is noted that the new Secretary of State, John Kerry, and his wife,Teresa Heinz, have also gotten a financial windfall out of the Berkshire Hathaway buyout.
It seems that Brower Piven, a securities litigation firm is checking into a potential ripoff of H.J. Heinz shareholders, in relation to a buyout buy Berkshire Hathaway and 3G capital. It is possible that the current share holders’ interests might not have been adequately considered with respect to this deal.
Those of you with stock in H. J. Heinz, and who know JACK about finances might want to check out what is going on by calling 410-415-6616 or emailing hoffman@browerpiven.com.
Check HERE for another explanation which appears to be in more plain language. It also gives another phone numbers and an email of mail@shareholdersfoundation.com.
In plain language, this column, linked below, explains why raising the minimum wage is a disaster. It will eliminate millions of entry level jobs which would have trained young people for their later careers, and supplied them with income to further their education. This is similar to the effect that Union demands for higher wages and benefits has had in knocking the younger members into the ranks of the unemployed. The net effect of raising the minimum wage is to inhibit education and upward mobility for those who are not raised in affluent circumstances.
Check it out, and pass it on:
Obama’s Promise To End My Son’s Job: Why It Is Personal : The Last Resistance.
Proposal to amend ObamaCare contraceptive rule met with skepticism | Fox News.
Kathleen (Cruella) Sebelius, has slightly broadened conscience exceptions in the HHS mandate. The new amendment still shows her desire to remove all of those who religiously object to paying for birth control, abortion and sterilizations, from the world of business. This is much worse than a status of dhimmitude for strict opponents of abortion, and would serve to force them out of the taxable portion of the U.S. economy. With this amendment, the administration shows that it is not serious about addressing the debt problem by allowing the INFLUX of tax dollars.
The HHS mandate remains a significant part of the many pronged effort by the Obama administration to remove the United States from its position as a world economic leader.
TurboTax Added to New List of Companies Backing Planned Parenthood | LifeNews.com.
Remember your boycotts this Christmas season. Click above for some of the companies and organizations which support Planned Parenthood, or abortion in general. See how many substitutions you can make as you shop. Due to constraints of time and ability to remember all the companies, it’s probably not possible to boycott all of them, but the more the better.
How much money can you personally divert away from abortion industries?
Twinkies Maker Hostess Going Out of Business, CEO Blames Union Strike | NBC 5 Dallas-Fort Worth.
Gregory Rayburn CEO of Hostess has announced closure of the entire corporation, and intent to sell off the assets to the highest bidder.
The decision to close came after insufficient numbers of workers heeded the deadline to return to work on Thursday.
Rayburn said that if he could not get production close to normal levels he would have to shut down.
This means that 18000 more workers across the U.S. are entering Obamaville, and dependency on the government.
Congrat’s to the Unions who thought that no job was better than a job with reduced pay and benefits, for a company that was struggling to survive.
J.C. Penney Turnaround in Doubt as Sales Plummet – US Business News – CNBC.
Notice that cNBC is unable to connect the dots. The reporters analyse the three quarters of badly slumping sales with out recognizing a primary cause. JC Penney has strongly embraced the gay lifestyle by choosing to emphasize this very prominently in their advertising. Its sales are plummeting AGAIN.
Penney is one more example of a company taking a controversial social position which which its own customer base is NOT aligned.
Al Lewis, a commentator at WSJ appeared to have understood the misalignment in June, and foresaw the upcoming doom.
Said Al: “Diversity, inclusion, acceptance for all—these are laudable values. The problem is, well, I have never actually met an openly gay person who openly shops at J.C. Penney.”
Perhaps if the company reorganize AGAIN, and comes back under a new name……
Pharmer spotted a document coming from the Campus Progress brench of the Center for American Progress on the Student Loan Crisis, and felt compelled to respond:
Our government has been selling the idea that college education is an absolute necessity, and should be accessible by everyone. Naturally this has led to an influx of students, some of whom are completely unprepared for college level classes, and who have obtained government grants and various loans to enter school. Many have absolutely no intention of repaying the loans.
All things administered and/or funded by the government will increase in price far faster than baseline inflation.
Education and healthcare are prime examples of this.
The real problem is NOT that a private lender is willing to give a loan to a student and gets the student to agree to a specific payment plan and interest rate. The true travesty is that colleges and universities are so eager to sell useless degrees and propaganda to students which are actually detrimental to their employment future. Many of the universities are willfully inculcating helplessness. Students are graduating with no job prospects in their area of training.
The problem is also not with the existence of for profit educational institutions. It is that the government is paying for unprepared students to go there, or granting loans for the same. Without this government intervention, many of the most problematic educational institutions would not have even been formed in the first place. The education bubble will pop just as the housing bubble did, because loans were made to people who could or would not repay them. This could have been stopped by requiring a significant down payment to be coming from the students themselves. The result of the education crisis will be similar to that of the housing crisis: massive loan defaults and a broken industry, with increased joblessness.
The increase in costs to the students is being blamed on reduction in government funding for educational institutions. Some people don’t realize that the debt for educational funding is passed to the students when they begin working.
The students will pay for education one way or another, by working their way through, by paying loans, and by paying the taxes which support our educational institutions with their bloated infrastructures and administrations.
The one difference is that the TAXES which will support the colleges and universities are paid by ALL tax payers including those who cannot afford to go to college. For one example, the pharmacy techs where I work, could not afford to go to college when they were young, but they are paying taxes for the children of other people to go straight through four years of college on the government dime, or on government loans which will often be defaulted. Some of the techs have slowly obtained college education as they work, and one by one, they head off into new careers.
The American people, who worked their way through higher education, and those who are still unable to do so, need to be informed that THEY ARE EXPECTED TO PAY FOR UNIVERSITY STUDENTS WHO THINK EDUCATION OUGHT TO BE FREE!!!!
Nothing is free.
First of all we need to understand that college education is not for everyone. More than half of people don’t have the kind of academic acumen to get through a traditional four year program. They should be encouraged (never forced) to go into a career and education program that fits their abilities, instead of being propelled towards certain failure and crippling debt.
The solution is for the educational institutions to stop building useless infrastructure which wastes energy and resources, and to fire all of their excess/useless administrators. Our higher education has to be leaner and more cost effective. Too much of it is run by greedy, money grubbing, frequently leftist 1%-ers who need to be replaced by those who know where money comes from, and would be wise stewards of whatever funding comes their way. When these changes come about, the cost of education to students and to the tax payers will drop.
Currently there are private programs which pay grants to students to NOT go to traditional colleges, and go straight into industry. It’s an awesome experiment and may serve to tap the creativity of young people before the universities suck it out of them. Cultural education is being moved out of the universities and housed in on-line resources. Testing and internships or apprenticeships, have been added as university requirements to enter more and more professions which require high skill. This is evinces the failure of universities to provide the necessary preparation for real world opportunities. This provides a strong impetus for higher education to be “homeschooled” and obtained online.
In short, our creativity and inventiveness will only be preserved to the extent that we can escape governmental control of our access to educational resources and opportunities.
Allen West says that Obama’s a different kind of president when he’s off teleprompter.
He also emphasizes more important problems: denying voting rights to military, the mismanagement of Middle Eastern foreign policy, the losses in Afghanistan and Obama’s domestic economic failures.
General Motors pushing U.S. to sell stake: report – MarketWatch.
The Obama administration enjoys driving General Moters into the ground. That’s why it is refusing requests by the GM executives to sell off its shares of the company.
GM notes that association with the Obama administration is hurting its reputation, impeding sales of vehicles (due to lack of confidence), and hurting it’s ability to employ top talent.
Since it costs about twice as much to build a Chevy volt, than the base price which GM charges, the taxpayers will be paying 49,000 dollars for every volt on the road. They already pay aout 7,000 dollars for government subsidy of each customer purchase.
As you know, the Chinese government is subsidizing the production of the cars over there, but production is likely still at a similar loss.
Be aware that the losses incurred by the GM plants in China will fall on the American tax payers in the next bailout.
Are you feeling green today?
Insight: GM's Volt: The ugly math of low sales, high costs | Reuters.
Media Blackout: GAO Says Obama's Welfare Waivers Illegal.
THe General Accounting Office has announced that Obama’s welfare waivers, which end the work requirement set up during the Clinton administration, are illegal.
This news will be hidden from the public which hasn’t figured out that the BOOB TUBE and the other mainstream media are not the places to get information.
Congress was supposed to be involved in any changes in the welfare requirements. It’s Budgetary!
Thirteen year old Nathan Duszynski of Holland, Michigan saved up his lawn mowing money and bought a hot dog stand in order to bring in some income for his family. Both of his parents are disabled.
At the City Hall of Holland, Michigan Nathan and his parents were told that it would be fine to open up a hot dog stand, and no licenses were required. But on the first day of business for Nathan, the zoning office came down on him, and shut him down.
The hotdog stand is now up for sale, and one more American, small-business dream is squashed by big government.
BAIN_BRIEF_The_financially_sustainable_university.pdf (application/pdf Object).
Click above for Bain’s analysis and advice for colleges and universities which are facing the financial crunch of bloated infrastructure liabilities. and fewer students able to pay the ginormous tuition.
Have you been watching the construction at your nearest educational facility over the last two decades? Did you see cutting edge architectural wonders with soaring entryways and huge heating and cooling liabilities?
With the economy in collapse, private contributions and federal and state funding being pinched, the higher educational institutions are in DEEP DOO DOO. Like so many others, they built houses that they can’t afford.
Pharmer sees universities receding, and the smaller private and online educational institutions taking over, as people look for more immediate value in their education.
It’s an Obamanation!
Drudge Report headlines scream:
One-third at temp agencies...
85,000 WENT ON DISABILITY IN JUNE!
Broader Jobless Rate At 14.9%...
Unemployment rate for blacks jumps to 14.4%...
Rate stuck at 11% for Hispanics...
780,000 Fewer Women Employed Under Obama...
Romney: 'It Doesn't Have To Be This Way'...
DOW PLUNGES...
Incidentally, the number of people on disability, SSI, is record breaking and exceeds the population of New York City. It’s where people go after the 3 years of unemployment benefits run out. Disability is forever, or until the money runs out.
Pharm Guests! Links are in gray text, and you might miss them if your screen is small. They will jump out, in black with underline, as your mouse passes over. Most links open in new tabs.
Master the art of finger-wagging for use in discourse with our ideological opponents.
Practice...practice...practice!
