Dec. 4, 2012
Many investors would sell their stocks now to lock in the lower tax rate, and each day that goes by without resolution to the fiscal cliff, the more likely a selloff becomes.
Those things that we used to use to round up members of the Taliban are being used in our country now!
Taking away 3 to 5 percent of the incomes of top-earners won't really hurt most of the so-called "wealthy" all that much, but it sure will hurt those who depend upon the expenditure of their discretionary income.
"[W]histle-blowers such as Kirk Wiebe and William Binney, both of whom worked at the National Security Agency and then left because of mismanagement and corruption, have warned that intelligence agencies are abusing the Constitution and lavishing private companies with expensive contracts in exchange for subpar data processing and analysis systems."
CEI has two issues that might interest you today, to blog, write or tweet about.
First, in documents obtained this week by CEI, the Treasury Department acknowledged, in previously internal discussions, that global warming cap-and-trade legislation would cost taxpayers hundreds of billions of dollars. You may have noticed that most proponents of cap-and-trade energy restrictions won't even acknowledge it amounts to a tax on consumers and energy use. CEI Senior Fellow Christopher Horner got that admission out of the department through a FOIA request.
> See the item in Tuesday's Washington Times about it
> See the pdf FOIA document
Second, CEI has a new website and letter-writing campaign for grassroots activists: FreedomAction.org. As an initial campaign, we have a letter campaign on the EPA/globalwarming whistleblower scandal. Activists can write their own letter and/or choose a list of specific action items, such as urging the EPA to allow the public to submit comments on the global warming report the agency tried to suppress. In light of this week's FOIA news and the hundreds of billions at stake, the letter writing campaign seems more timely than ever.
> Read more about the EPA whistleblower scandal