1. Dr. Larry Kawa: Our Executive Order-Happy President
2. Sandy Botkin: How to Reduce Your Taxes
3. Wayne Allyn Root: Lessons for GOP from Seattle Seahawks' Super Bowl Win
4. Dave Bego: SEIU's Hair on Fire?
5. Lowell Ponte: Our Bank Accounts Are Not Safe
Our Executive Order-Happy President
President Obama has made it clear that if Congress won't make the laws, then he will step up and make the laws all by himself. The President has seized the power abdicated by a weak do-nothing Congress. With old-guard stalwarts like Sen. Mitch McConnell (R-KY) and Sen. Harry Reid (D-NV), the Congress has become business as usual where they don't want to work too hard in a mid-term election year, or a Presidential election year, or the years in between elections for that matter. President Obama seems to be able to do anything. This President has not made his intentions hidden. He has stated numerous times that he will act on his own. If you don't agree with him, he doesn't care. He will do whatever he wants anyway. [more...]
How to Reduce Your Taxes
By Sandy Botkin
I get queries from reporters all the time asking me for one tip that would reduce our taxes. Without hesitation, my answer is to start up a full- or part-time small or home-based business and work it like a business. Why? We have two tax systems in both the U.S. and Canada. I'll give you a hint: It isn't one for the rich and one for the poor. It is, however, one to make you rich and one to make you poor. The one to make you poor is for employees. Why? First, they don't get that many deductions. Second, they are taxed on dollar one. If they have employee business expenses, these expenses must exceed a threshold before any deduction can be taken. Finally, if you take too many employee deductions, they could cause alternative minimum taxes that result in the complete elimination of employee and itemized deductions. [more...]
Lessons for GOP from Seattle Seahawks' Super Bowl Win
There are some fantastic lessons for the GOP to learn from the Super Bowl champion Seattle Seahawks... because politics, just like football, is about the art of war and the leaders of the GOP look very much like the hapless, intimidated Denver Broncos. Let's start with the obvious: Denver looked unbeatable coming into the Super Bowl. Led by perhaps the greatest quarterback of all time, Peyton Manning, the betting in Las Vegas (and across the country with bookmakers) was over 70% on Denver. No one thought Seattle's defense could stop the great Peyton Manning. That situation mirrors Barack Obama and the GOP. Obama, too, looks unbeatable, invincible, formidable; the GOP appears scared to death to challenge him. They appear intimidated. They are playing by old-fashioned rules "We must respect the president of the United States." But that’s not how you win football games or political campaigns. If Seattle played that way on Sunday, Peyton Manning would be the champion of the NFL. [more...]
SEIU's Hair on Fire?
By Dave Bego
Despite continuing actions by the SEIU to press forced unionization through their "hair on fire" approach, statistics recently released show continuing stagnant membership for labor unions. For employees across the country, this means the SEIU will continue the pressure through their "persuasion of power." Over the past three decades, the SEIU and its big labor brethren have continued to see membership rolls drop, and this has continued to be true in recent years as the economy continues to sour and employees become more informed and resistant to what unions have to offer. The fact that they had a year that showed no decline is hardly a breath of fresh air when big labor is continuing to deal with declining revenues, and the fact they desperately need to curry political favors to advance forced unionism, thereby increasing membership rolls and corresponding dues. Make no mistake about it that membership growth and member dues are big labor's priority, as it is all about the big labor lifestyle and political power membership dues fund! [more...]
Our Bank Accounts Are Not Safe
By Lowell Ponte
Think your deposits are safe? Don't bank on it. Your deposits belong to the bank. All you 'own' is a deposit receipt, an IOU. And the banks have no responsibility to share this information with their customers. This has just become the scariest moment I've ever seen to keep money in an American bank account. Our politicians are desperate for more money and are considering several ways to grab the more than $20 trillion now in private bank accounts. A 'perfect storm' is putting our bank accounts in danger. Here are five of the many forces creating this high-risk storm for savers.