Treasury Collected $20 Trillion in Taxes

U.S. Treasury Collected Nearly $20 Trillion in Taxes During Obama’s Administration And incurred almost half that number in debt. 8.10.2016 Trey Sanchez Barack Obama has been president for 90 months and in that time frame, the U.S. Treasury collected nearly $20 trillion in taxes and the federal debt rose by almost half. Here are the numbers from the Monthly Treasury Statements published at CNSnews.com: Feb. 2009-Sept. 2009: $1,330,887,000,000 Fiscal 2010: $2,161,728,000,000 Fiscal 2011: $2,302,495,000,000 Fiscal 2012: $2,449,093,000,000 Fiscal 2013: $2,774,011,000,000 Fiscal 2014: $3,020,371,000,000 Fiscal 2015: $3,248,701,000,000 Oct. 2015- July 2016: $2,678,824,000,000 90 Month Total: $19,966,110,000,000 Taking into account the Bureau of…

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Historical Ignorance

The real historical significance of the war between the states. by Walter Williams, July 14, 2015 Walter Williams The victors of war write its history in order to cast themselves in the most favorable light. That explains the considerable historical ignorance about our war of 1861 and panic over the Confederate flag. To create better understanding, we have to start a bit before the 1787 Constitutional Convention in Philadelphia. The 1783 Treaty of Paris ended the war between the colonies and Great Britain. Its first article declared the 13 colonies “to be free, sovereign and independent states.” These 13 sovereign…

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Real Heroes: Richard Cobden

[Editor: Not American history but a good history lesson none the less] by Lawrence W. Reed, founder of FEE (Foundation for Economic Education) March 18, 2016 Each week, Mr. Reed will relate the stories of people whose choices and actions make them heroes. See the table of contents for previous installments. In 1900, London was the global financial capital, the British enjoyed the highest per capita income in the world, and Britain was the freest of the free-trade nations. “Peace will come to earth when the people have more to do with each other and governments less.” — Richard Cobden William Ewart…

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The First Congress

Book Review by Mark G. Spencer Calling the House to Order A bill of rights was the No. 1 priority of the first Congress. But no one thought they were producing sacred writ.  ‘We are in a wilderness without a single footstep to guide us,” James Madison said of the harrowing task facing the First Congress assembled at Federal Hall, its temporary home in New York City. While historians write much about the ideological origins of the Declaration of Independence (1776) and the drafting of the Constitution (1787), the First Federal Congress (1789-91) gets short shrift. That is unfortunate. While…

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What is the American Form of Government

  By Stephen Palmer May 18, 2008 The common belief — which is grossly incorrect — is that the American form of government is a democracy. Our founders were clear that democracy is the worst form of government. A more correct — albeit simplistic — answer is that we are a republic. A more sophisticated answer is that we are a constitutional republic. The most thorough answer comes from the Federalist Papers. James Madison didn’t use these exact words, but he described the American form of government as an Extended Limited Commercial Federal Democratic Republic. “Extended” refers to geography — never before in…

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James Hill, Railroad Man

One of the Greatest Entrepreneurs in American History James J. Hill Transformed the American Northwest Daniel Oliver, Lawrence W. Reed, May 27, 2016 One hundred years ago this weekend, James J. Hill, the subject of this fine 2001 essay by Daniel Oliver, passed away. Hill was 77 when he died on May 29, 1916, leaving a legacy of achievement surpassed only by a handful of the many great entrepreneurs in American history. He defied the now-infamous epithet, “You didn’t build that.” James J. Hill was a “1 percenter” of his day who improved the lives of others not by giving…

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Big business & cronyism

A Very Depressing Chart on Creeping Cronyism in the American Economy by Dan Mitchell  7/22/16 Last year, I shared the most depressing PowerPoint slide in Danish history. Back in 2011, I wrote about a depressing picture of tax complexity in America. Let’s continue with the “depressing” theme today. James Bessen, from Boston University Law School, has an interesting article in theHarvard Business Review about the source of corporate profits in the 21st century (h/t:James Pethokoukis). He starts with an observation and a query. Profits are up. …is it good news for society? The default answer presumably is yes. Higher profits, after all, generally are a sign of wise investments.…

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EPA May be Accountable

Finally, EPA May Be Held Accountable for Potential Wrongdoing at the Gold Mine King Spill John-Michael Seibler / @JSeibler / August 05, 2016 John-Michael Seibler is a visiting legal fellow in the Edwin Meese III Center for Legal and Judicial Studies at The Heritage Foundation. Criminal investigations into the Environmental Protection Agency’s disastrous handling of its Gold King Mine spill are under way. This is a laudable step toward accountability for the agency, which for one year has avoided accountability for conduct that would in all likelihood have resulted in criminal prosecution had the acts been performed by private parties.…

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New Executive Rules every three days

Obama breaks regulatory record, imposes new rule every three days Posted by Convention of States Project on August 09, 2016 The federal government has imposed a new major regulation every three days since President Barack Obama took office, as the administration has shattered the record for implementing regulations costing the economy $100 million or more. The Obama administration has now issued 600 major regulations, the center-right policy institute the American Action Forum noted in a recent report. “One year ago, the American Action Forum (AAF) celebrated a regulatory milestone, of sorts: 500 major regulations,” wrote Sam Batkins, director of regulatory…

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Old Lies

By Thomas Sowell, 8/9/16 We expect to hear a lot of lies during an election year, and this year is certainly no exception. What is surprising is how old some of these lies are, and how often they have been shown to be lies, years ago or even decades ago. One of the oldest of these lies is that women are paid less than men for doing the same work. Like many other politically successful lies, it contains just enough of the truth to fool the gullible. Women as a group do get paid less than men as a group.…

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Saturday Q&A: The outlook for constitutional reform

Robert Natelson is a scholar in constitutional jurisprudence at The Heartland Institute — an Illinois public policy think tank — and a constitutional expert whose research has been cited by U.S. Supreme Court justices 17 times since 2013. He spoke to the Trib regarding the constitutional reform movement. Q: […] Click here to view original web page at triblive.com

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Elon Musk’s businesses supported by taxpayer financing

GREEN CRONYISM ‘Quintessential Insider Deal’: Taxpayers Finance Family Ties of 2 Failing Green Companies Posted Friday, July 22, 2016 From – The Daily Signal – by Kevin Mooney Grassroots conservative activists who run a reboot of Ronald Reagan’s political action committee want to know why the government allows one failing company to buy another failing company while both get taxpayer subsidies. They also want to know why corporate executives with friends in high places have not been subjected to more scrutiny after receiving a multimillion-dollar compensation package at a time when their company remains heavily subsidized at taxpayer expense. “This is the quintessential…

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FDA Approved Medicines Hidden

The Dirty Little Secret Pot Pushers Don’t Want You to Know About Cully Stimson / @cullystimson / Alexandra Seymour / August 04, 2016 / Many marijuana substitute drugs have been around since the 1980s. (Photo: Juan Luis Martinez GDA Photo Service/Newscom) Charles “Cully” Stimson is a leading expert in national security, homeland security, crime control, immigration and drug policy at The Heritage Foundation’s Center for Legal and Judicial Studies and the Center for National Defense. Read his research. States have passed so-called “medical marijuana” laws under the theory that pot has medicinal benefits that can’t be produced by other, legal means.…

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Proof Our Government is Corrupt

A new report from the Government Accountability Office (GOA) revealed what gun owners have always feared: the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has been illegally keeping data on firearms transactions. The GOA found that three of the ATF’s record keeping systems still retained information on gun dealers and purchasers that should have been deleted long ago. In one of the systems, a glitch allowed ATF agents to access purchaser data from 2007 to 2009. The ATF deleted the records in the wake of the investigation, but American gun owners have been left wondering whether the initial “mistake” was really…

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Residents learn about grassroots effort to create a ‘Convention of the states’

Attendee at the meet and greet studies literature on the process for calling a convention of states. What do the people do if the political classes ignore their concerns? Usually nothing. But sometimes they do a little more . . . Sometimes Popeye says, “That’s all I can stands, […] Click here to view original web page at www.valleycenter.com

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How Viennese Culture Shaped Austrian Economics

Schools of thought are frequently named after their country or place of origin. The Chicago School, the Frankfurt School, and the Scottish Enlightenment are just some of the many examples. The geographical place is a simple shorthand for something that would otherwise be difficult to specify and name. That is also the case for the Austrian School of Economics. Or at least that is what we commonly believe. Austrian is nothing more than a shorthand for a school of economics that focuses on market process rather than outcomes, emphasizes the subjective aspects of economic behavior, and is critical of attempts…

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Our Republican Constitution

In the first dozen years of America’s life, we were a democracy governed by the Articles of Confederation. That would change on March 4, 1789 when America would officially begin governing via the Constitution as a republic. As explained in the recently published Our Republican Constitution: Securing the Liberty and Sovereignty of We the People by constitutional scholar Randy Barnett, the founders were afraid of the excess democracy that the Articles of Confederation had given them. It was unworkable. Under the Articles of Confederation, he points out that, “Gouverneur Morris, delegate from Pennsylvania, noted that “[e]very man of observation had…

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RESTORING THE RULE OF LAW

With the States Leading the Way By Governor Greg Abbott Jan 8, 2016 [Editors note: this is an executive summary from Governor Abbott’s 91-page thesis on America returning to the rule of law. He has included nine proposed amendments to the Constitution. Take the link at the end to download the article in its entirety] The Constitution is increasingly eroded with each passing year.  That is a tragedy given the volume of blood spilled by patriots to win our country’s freedom and repeatedly defend it over the last 240 years.  Moreover, the declining relevance of our Nation’s governing legal document…

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COS Digest

A digest look at COS                                                       Rev: 5/7/16 Forward: The Constitution and Article V are very short narratives, but have a large scholarly library that can be formable in getting our heads around. Here is a collection of short highpoints that can be used as a basis for quick responses and an introduction to the legislative political process. What is the problem An over reaching federal government that doesn’t represent the people the way the Founders or Framers had…

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Perception vs. Reality

By Gary L. Bauer July 25, 2016 A big debate erupted in the media over the weekend. Many talking heads feel our political discourse is “too dark.” They say the rhetoric is exaggerating America’s problems. My initial reaction is that many of the talking heads who live and work in the cloistered environments of Manhattan and Washington, D.C., aren’t actually experiencing the problems average Americans are confronting. Anyone who tells you that things are okay is whistling past the graveyard. Most Americans know that. As I noted last week, a recent Gallup survey found that just 17% of Americans are…

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Have We Become a Nation of Servants?

Barry Brownstein July 25, 2016 Imagine you have been asked to watch a video of two teams passing a basketball and count the number of passes made by one of the teams. Now, suppose that in the middle of the action, a person wearing a full-bodied gorilla suit steps into the center of the scene for a full nine seconds, thumps her chest, and walks off. Would you notice the gorilla? Based on a famous replicated experiment by psychology professors Christopher Chabris and Daniel Simons, over half of us would not notice the gorilla. When people devote their attention to…

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Democrats Agree to Build a Wall

07/25/2016 Source: AAN  The Democrats have finally come around to the notion that secure borders keep us safe. Sort of… To the Democratic National Committee elites, keeping average Americans away from their convention is a good idea, while protecting the southern border from intruding terrorists, rapists and murderers is a bad one. The DNC has erected a four-mile fence around its convention site at Philadelphia’s Wells Fargo Center. (Isn’t it ironic they’re doing so much to protect a site named after a bank?) The fence, which appears to be about 8 feet tall, is intended to keep out any individuals with whom Democratic…

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Freedom or Slavery–how will you vote?

By Leesa Williams 7/24/16 I think you would agree with me, that our country has changed.  To hear the Replublicans balking, everything is falling apart and if you listen to the Democrats, things are not that bad.  But when you listen to polls, well the common American is fed up with the way our elected officials operate and they want to wipe the slate clean.  So why the differing opinions between the two parties? The Democrats believe that a bigger more robust government is the answer to all people on this planet…not just America.  The Democrats will not admit their…

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Nothing to Fear In Article V

The Convention of States Project has made huge inroads into educating Americans about what the FOUNDERS themselves put into our Constitution as a remedy to an overreaching federal government, who they presciently observed could become so onerous as to thwart the will of the people. Recently Texas Governor Greg […] Click here to view original web page at www.texasgopvote.com

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GOP Platform: It’s Time to Get Rid of the EPA

By Michael Bastasch, July 19, 2016 The Republican Party’s 2016 platform proposes getting rid of the Environmental Protection Agency (EPA) as a massive regulatory body and turning it into an “independent bipartisan commission.” “We propose to shift responsibility for environmental regulation from the federal bureaucracy to the states and to transform the EPA into an independent bipartisan commission, similar to the Nuclear Regulatory Commission, with structural safeguards against politicized science,” reads the GOP platform. Republicans are concerned about EPA’s regulatory overreach and have proposed bills to keep the agency from issuing new regulations on everything from global warming to smog.…

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