Quote

People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Wednesday, December 17, 2008

Governor Kaine To Raise Taxes

Is he a Democrat? I can't recall.
Kaine's budget plan is divulged
By Michael Sluss, The Roanoke Times

Richmond -- Gov. Tim Kaine will propose doubling Virginia's cigarette tax, cutting funds for public education and health care programs and eliminating more government jobs to help offset a $2.9 billion shortfall in the state budget, according to legislators who were briefed on the governor's plan Tuesday.

The budget plan also calls for more cuts to state colleges, shrinking a tax credit program for land conservation and giving corrections officials discretion to accelerate the release of nonviolent offenders. Kaine also wants to use nearly $500 million from the state's "rainy day" reserve fund to help balance the books, lawmakers said. [link]
I'm not close enough to the details to know whether the cut in education funds is a sound move. But it is certainly unfortunate. And expected.

But Kaine should have learned by now from those Democrats in other liberal states who went after cigarette sales that all he's going to do is drive them underground. Or to the internet. Over time, the commonwealth will gain nothing from the effort (other than to make liberals like Kaine feel good about themselves).

Expect those Indian tribes that have been seeking recognition to move with haste now. Sovereign nations, as you're probably aware, are not subject to such (punitive) (and arbitrary) taxation. Ask the Unkechaugs.

U.S. To Declare Bankuptcy?

In a real world environment maybe. But we're talking about the United States government. Fantasyland. The Magic Kingdom. The Tower Of Babble. So the boys and girls will continue to spend money like there's ... there's ... no ... tomorrow.

This should scare you to death:
Who Will Bail Out Uncle Sam?
Washington D.C. Examiner editorial

The United States of America is bankrupt. Don’t believe it? Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson Foundation. Washington politicians and bureaucrats have essentially mortgaged everything We the People own so they can keep spending our tax dollars like there’s no tomorrow.

The foundation’s grim calculations are based on Sept. 30 consolidated federal statements, which showed that Americans’ total household net worth, diminished by falling stock prices and home equity, is $56.5 trillion. But rising costs for unfunded social programs like Medicare, Medicaid and Social Security increased to $56.4 trillion – and that was before the more recent stock market crash, $700 billion bank bailout, and monster federal deficits chalked up in October and November.

“Given more recent developments, it’s clear that America now owes more than its citizens are worth,” said Foundation president David M. Walker, who has been trying to warn Americans of the coming financial tsunami for years, to no avail. So, after Uncle Sam bails out bankers, Wall Street gamblers, car makers and over-their-head homeowners, who’ll bail out Uncle Sam? [link]
I read yesterday that Obama's stimulus plan - as it stands right now - is going to cost a trillion dollars in itself in 2009. And that's not taking into account all the other spending that Congress has planned. It's staggering. It's shameless. It's frightening.

Where a few weeks ago, we were looking at a trillion dollar deficit next year, now economists worry about it being two trillion. In one year.

We are about to hurtle headlong into the precipice.

What Trillion Dollar Deficit?

Obama’s $10 Billion Promise Stirs Hope in Early Education

The American People Aren't Stupid

They know what the nitwits in Washington don't. Bankruptcy for the Big Three auto makers - at this stage - is a healthy move for them to make. And is inevitable anyway. And that we have no business providing the overpaid workers in each welfare payments in perpetuity.

James Taranto reports:

Last week Senate Republicans mounted a successful filibuster against legislation to give a handout to Detroit's Big Three auto makers. President Bush is looking for ways to circumvent the lack of authorization for a Detroit welfare package, but a pair of polls out today suggest that he finds himself in the familiar position of being on the wrong side of public opinion.

The Washington Post reports that its poll finds 55% of Americans oppose the Detroit handout, while only 42% support it. Democrats have become the party of corporate welfare, with 52% supporting the bailout; majorities of Republicans (69%) and independents (57%) are opposed.

Most surprising finding: "Union households are no more apt than those without a union member to favor the plan, 44 percent compared with 42 percent." The United Auto Workers wants government money so as to protect the work rules and artificially high emoluments that have helped make Detroit uncompetitive. [link]

The auto makers took years to dig this hole. A hole WE can't pull them out of. If they're going to succeed, THEY are going to succeed. The taxpayers know that. It's Bush and the Democrats who don't.

Rush The Video

Here's the video of Rush Limbaugh spanking Colin Powell.



Powell the turncoat? Well, he did abandon the GOP candidate at a crucial time in the election campaign.

Now This Is Cool

An underground city dating back to perhaps 1400 BC, unknown to the modern world until 1963. Derinkuyu. Lots of photos. And speculation as to its purpose.

An artist's map of the city:

Fascinating.

Photo and story courtesy of El Rincon Del Misterio.