A princess among thieves

Hillary Clinton money grubbin'Of the three current contenders for the job of Thief in Chief, Hillary Clinton appears to be the most talented money grubber.

WASHINGTON — Propelled by her husband’s post-White House earnings, Sen. Hillary Clinton’s average net worth soared from red ink to $30.7 million between 2000 and 2006, the fastest financial climb among members of Congress who arrived without assets, a watchdog group reported Tuesday.

Arizona Sen. John McCain, the presumptive Republican presidential nominee, reported a $27.6 million surge in his and his wife’s average worth from 1995 to 2006. Their worth rose over that 11-year period from an inflation-adjusted average of $8.9 million to $36.4 million, the ninth-biggest rise in Congress, the nonpartisan Sunlight Foundation reported.

The Sunlight Foundation posted on its Web site the first-ever comparison of the 535 House and Senate members’ latest available net worth with their earlier disclosure statements. The forms don’t require any explanation for shifts of fortune.

Many members of Congress have added significantly to their wealth while in office, such as Sen. Edward Kennedy’s jump from an average net worth of $7.1 million in 1995 to $102.8 million in 2006. But because lawmakers are allowed to list their assets in wide ranges and exclude homes that can be worth millions of dollars, the foundation acknowledged that the data may create misimpressions.

Democratic presidential front-runner Barack Obama’s average net worth rose from $328,442 in 2004, when he was elected to the Senate, to $799,006 in 2006. But counting Obama’s and his wife Michelle’s pricey Chicago home, he almost assuredly has joined the Senate’s “Millionaire’s Club.”

Next time you hear the shrill, harsh voice of your fearless pantsuit wearing potential leader, remember that she lines her pockets from the same pot of gold that her health care plan will be paid for from - yours.

The bottom line has a lot to do with why someone like Hillary Clinton wants to be in politics in the first place. Any person with a poorly developed moral compass who thinks it’s perfectly OK to redistribute wealth by force would be attracted to the shining lights of Washington, D.C. where strangers argue over how much money to steal from the rest of us and skim cents from each dollar that rolls in for their own silk-lined pockets.

HIllary’s base salary is $169,300 per year. She must be a very savvy investor to have turned that into $30 million plus.

Where all the stolen money goes

Want to know what Congress is planning to do with the money they want to steal from you in 2009?

Defense: $515 billion ($294)
Homeland Security: $38 billion ($0; was in Domestic Necessary)
Domestic Necessary: $713 billion
Domestic Worthy Causes*: $305 billion ($217)
Social Security: $644 billion ($409)
Medicare: $408 billion ($197)
Medicaid and SCHIP: $224 billion ($136)
Interest: $260 billion ($223)
Total: $3107 ($1789)

Numbers in parentheses are how much was spent in fiscal year 2000. Source article here.

Here is the projected income:

Personal income taxes: $1259 billion ($1004.5)
Corporate income taxes: $339 billion ($207.3)
Social Insurance receipts: $949 billion ($652.9)
Other taxes: $153 billion ($161)
Deficit: $400 billion (surplus $236 billion)

I disagree with the authors’ conclusions - let’s completely eliminate Social Security, Medicare and Medicaid as a start - it cannot be done in one year, but it can be done. That would balance out the budget by eliminating almost a trillion dollars in theft. Social Security is an illegal Ponzi scheme, whether anyone will admit it or not. People too stupid to live healthy lifestyles and put money aside for the time when their health inevitably starts to fail deserve to suffer the consequences (I include myself in this group; I am a former smoker).

Once we get the trillion dollars of “I’m too stupid to take care of myself” money out of the budget, we can tackle the $305 billion in “domestic worthy causes” - honest people call that money pork. The proposed budget is criminal!

Highest taxes in the world award goes to United States

WASHINGTON, Mar 18, 2008 - A new study from the Tax Foundation, a nonpartisan tax research group in Washington, shows that most American states tax job providers at a higher rate than any other country in the developed world.

We outrank Japan, Germany and Canada in 25 states when it comes to effective tax rates. I was born in Canada. Maybe it is time to think about relocating to my homeland. My effective tax rate would go down 2%.

The more I think about this issue the more angry I become. We have taxation without representation in this country. My county just passed a new 1% sales tax by 27 votes. I had no idea the issue was even up for a vote and that was by design. Many legislative and other governing bodies make decisions “under the radar” by design so that motivated citizens who work for a living will have a very hard time participating in the decision making process. Taxes, once enacted, are almost impossible to get rid of because they create a new underclass of parasites who cannot survive without the nanny state and its organized theft by vote and deceit.