FATCA Continues Obama Quest To End US Influcence

Foreign Account Tax Compliance Act or FACTCA took effect July 1 after a six-month delay and is the latest ploy by Barack Obama to destroy American influence.

The law was passed in 2010 when the Democrats ran everything and requires every bank in the world to enter into a sharing agreement with the IRS.

The convoluted paper-work laden law requires banks that are in compliance to withhold the 30 percent tax on any funds transferred with banks that are not in compliance or risk the withholding tax penalty themselves.

The idea was to stop those sheltering their money overseas.

The consequence, however, is that foreign banks are starting to refuse the business of the seven million Americans who live abroad and that these Americans are giving up their citizenship in unprecedented numbers.

We fear it is but a matter of time that the dollar loses its status as the world’s back up currency.

Sarah Palin is absolutely right. Obama should be impeached as soon as possible.

FATCA Continues Obama Quest To End US Influcence

 

FATCA Continues Obama Quest To End US Influcence

Obama IRS Joke And The Banality Of Evil

Obama IRS Joke And The Banality Of Evil

Obama IRS Joke And The Banality Of Evil

Way back in May 2009, Barack Obama gave the commencement speech at Arizona State University in which he said “I really thought this was much ado about nothing, but I do think we all learned an important lesson. I learned never again to pick another team over the Sun Devils in my NCAA brackets. . . . President [Michael] Crowe and the Board of Regents will soon learn all about being audited by the IRS.”

Ho ho ho.

In light of how the administration used the IRS, it showed a pretty sick sense of humor. Further it revealed a rather banal man indifferent to the responsibility of wielding power, and, even more troubling, indifferent to the rights of others.

He’s joked about drone strikes too.

Thank God for our Constitution. All Obama voters should hang their heads in shame.

 

 

IRS Record Keeping Hypocrisy

The Internal Revenue Service has lost critical emails of seven officials accused of targeting conservative groups.

Byran Preston of PJMedia.com notes that the IRS uses server based Microsoft Exchange as its email system hence its excuses of hard drive crashes and recycled backup tapes are not very plausible.

If emails are served on outside servers problems they would obviously not be susceptible to issues involving local computers.

Preston notes that the IRS website provides taxpayers with this strong record-keeping advice:

Note: Keep copies of your filed tax returns. They help in preparing future tax returns and making computations if you file an amended return.

  1. You owe additional tax and situations (2), (3), and (4), below, do not apply to you; keep records for 3 years.
  2. You do not report income that you should report, and it is more than 25% of the gross income shown on your return; keep records for 6 years.
  3. You file a fraudulent return; keep records indefinitely.
  4. You do not file a return; keep records indefinitely.
  5. You file a claim for credit or refund* after you file your return; keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later.
  6. You file a claim for a loss from worthless securities or bad debt deduction; keep records for 7 years.
  7. Keep all employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later.

Hypocrisy involving government always comes back to bite those responsible in the tail. It may take awhile but it will happen here as well.

IRS Record Keeping Hypocrisy

IRS Record Keeping Hypocrisy

Barack Obama La Vida

Barack Obama La Vida

Barack Obama La Vida, pillars of salt, pillars of sand

Barack Obama is having a tough time of it.

His staggering incompetence is becoming apparent to even the hippest hipsters.

The most love-struck soccer mom is now beginning to understand that he is basically just an arrogant a-hole.

Even newspaper editors and television commentators are turning on him.

Yes, as in Chris Matthews.

Well, Barry. Today’s song is just for you.

Obama Impeachment

The Taliban are welcoming the five high- ranking leaders released from   Guantanamo Bay as conquering heroes while the American given in their exchange is being reviled by those who served with him who are calling him a deserter and worse.

There are even reports that he has converted to Islam and taught the enemy ambush skills and bomb making.

Regardless, Barack Obama clearly broke the law with this trade.

Yes, the House should begin impeachment proceedings. His defenders who hide behind pseudo-gentility, passive-aggressive intolerance and a false air of reasonableness must be shouted down.

Obama has endangered our safety, threatened our freedom and is ruining our standard of living.

Now even the left is saying he broke the law.

Those who voted for him and believed his lies must be shaken to the point where they concede their mistake.

His arrogance has led to incompetence and now he endangers us all.

He must go.

Obama Impeachment

Barack Obama, Vice President Joe Biden and Biden’s son Hunter who is a board member of Burisma Holdings which is Ukraine’s largest private gas producer and is allied with Russian interests.

Obama Impeachment

 

 

US Economy Shrinking

US Economy Shrinking

US economy shrinking. Note the mysterious “W” that appears on Obama’s head whenever he takes heat.

The revised assessment of this year’s first quarter by the Bureau of Economic Analysis reveals that our Gross Domestic Product shrank 1 percent. It was initially thought to have grown .01 percent.

Those of us in the real world are not surprised. Those getting government paychecks simply don’t care.

If a Republican was in the White House this event would be the lead story on all network news broadcast — which remain the major source of information for senior citizens — and blared in headlines and editorials in the few major daily newspapers left.

The Democrat Party will die only when the American public realize that they are being lied to and reject the garbage that they are being fed.

In a related matter, the White House revealed the name of the CIA station chief in Afghanistan last Sunday, May 25.

They did it in a press release.

It endangers his life and the lives of others, and greatly damaged our intelligence operation.

The incompetence, callowness, irresponsibility and general stupidity of the deed is something most of us can’t get our minds around.

Again, if a Republican administration did this, this would still be being blared in headlines and discussed on the broadcasts especially with regard to yesterday’s (May 30) resignation of Obama Press Secretary Jay Carney, whose office was responsible for the blunder.

Hat tip Brietbart News.

Senate Dems Kill VA Accountability Bill

Congressman Eric Cantor of Virginia,  the House Majority Leader, has  announced on Facebook that the Democrats in the Senate have stopped the VA Management Accountability Act that would have given the Veterans Affairs secretary the power to fire or demote VA executives for poor performance.

The bill passed the House 390-33, yesterday, May 21.

While, the House is controlled by Republicans, obviously the vast majority of Democrats in that body also supported the bill.

The Senate is controlled by Democrats and led by Harry Reid, a corrupt Nevada lawyer.

Senate Dems Kill VA Accountability Bill

Senate Dems Kill VA Accountability Bill

 

 

Medicare No Care

This Medicare No Care off the internet is courtesy of Pat Keevill who says it was forwarded to her from her insurance agent.

Medicare No Care

Subject: Are you 76?
TO ALL MY FRIENDS ON MEDICARE

If you don’t read this, and do nothing about it, don’t complain when it affects you or your loved ones!!!!! This is the second Judge to have read the Obama Care document and made comments. More highlights of Nancy ‘s “pass it and Then find out what’s in the bill”!!!!!! Show this to everyone nearing the ripe old age of 76. These are just a few of the things that we Seniors are going to have to deal with starting in 2014. Even far left Democrats will not like these.
MEDICARE AT AGE 76, IMPORTANT PLEASE READ – ANYONE WHO DOUBTS THIS IS TRUE CAN DOWNLOAD THE NEW OBAMA CARE AND LOOK UP THE PAGES MENTIONED. THIS IS JUST THE BEGINNING………………….PLEASE PASS THIS OUTRAGE TO EVERYONE ON YOUR LIST!!! THIS should be read by everyone, especially important to those over 75……. If you are younger, then it may apply to your parents….
Your hospital Medicare admittance has just changed under Obama Care. You must be admitted by your primary Physician in order for Medicare to pay for it! If you are admitted by an emergency room doctor it is treated as outpatient care where hospital costs are not covered. This is only the tip of the iceberg for Obama Care. Just wait to see what happens later this year!

YOU ARE NOT GOING TO LIKE THIS… At age 76 when you most need it most, you are not eligible for cancer treatment * see page 272. What Nancy Pelosi didn’t want us to know until after the healthcare bill was passed. Remember she said, “We have to pass the Bill so that we can see what’s in it.” Well, here it is.

Obama Care Highlighted by Page Number THE CARE BILL HB 3200 JUDGE KITHIL IS THE 2ND OFFICIAL WHO HAS OUTLINED THESE PARTS OF THE CARE BILL. Judge Kithil of Marble Falls , TX – highlighted the most egregious pages of HB3200 Please read this……. especially the reference to pages 58 & 59 JUDGE KITHIL wrote: ** Page 50/section 152: The bill will provide insurance to all non-U.S. residents, even if they are here illegally.

** Page 58 and 59: The government will have real-time access to an individual’s bank account and will have the authority to make electronic fund transfers from those accounts.

** Page 65/section 164: The plan will be subsidized (by the government) for all union members, union retirees and for community organizations (such as the Association of Community Organizations for Reform Now – ACORN)

** Page 203/line 14-15: The tax imposed under this section will not be treated as a tax. (How could anybody in their right mind come up with that?)

** Page 241 and 253: Doctors will all be paid the same regardless of specialty, and the government will set all doctors’ fees. This is what they do in Sweden too. I know because Alf’s daughter Ann is an OBGYN, and her husband, Thorsten, is a surgeon………

** Page 272. section 1145: Cancer hospital will ration care according to the patient’s age.

** Page 317 and 321: The government will impose a prohibition on hospital expansion; however, communities may petition for an exception.

** Page 425, line 4-12: The government mandates advance-care planning consultations. Those on Social Security will be required to attend an “end-of-life planning” seminar every five years. (Death counseling..)

** Page 429, line 13-25: The government will specify which doctors can write an end-of-life order.

HAD ENOUGH???? Judge Kithil then goes on to identify: “Finally, it is specifically stated that this bill will not apply to members of Congress. No wonder they did not see the need to read it….doesn’t apply to them!!! THE AMERICAN PEOPLE NEED TO STAND UP TO WASHINGTON …. I don’t know if we can do anything, but awareness helps.

Winds Of Change — Warren Buffet is asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise. At least 20 if you can. It has to stop somewhere. In three days, most people in The United States of America will have this message. This is one idea that really should be passed around

Medicare No Care