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As if there aren’t enough taxes, you could soon be paying more for soda. In an effort to close the $15 billion state budget gap, New York Governor David Paterson is calling for a 15 percent tax on soft drinks. If you drink diet, you’re okay. The tax would only be imposed on regular, non-diet soft drinks. The logic: it could generate more than $400 million while helping to curve obesity.
The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession.
The Bill of Rights came into effect on December 15 of 1791. Be sure to remember them and how much they should mean to you and be sure to hold candidates accountable to them.
Some time ago I first heard about the article The Great Thanksgiving Hoax by Richard J. Maybury. It describes how Thanksgiving is really a celebration of free markets and private property over socialism.
It seems that for some people, it appears that everything is falling apart and that we are heading towards the worst depression we’ve ever had. It seems like only a month or two ago, the economy was fine.
A SATIRICAL POLITICAL BELIEFS ASSESSMENT TEST: A Humorous Political Party Quiz to Test If You’re an Archconservative, Leftwing Wacko, Antigovernment Libertine or a Commie Sympathizer
American Socialism For The Rich – Filmed on July 20th of 2008, hosts Marek Hirsch and Matt Cropp discuss monetary policy, fiat currencies, and the role of government in stimulating the economy.