Tuesday, December 18, 2012

Seeking an effective argument FOR gun control

Here, two respected writers discuss the case against taking away individual firearms from Americans. Yes, it is true that if guns did not exist everywhere in this nation those little children in Sandy Hook would be living right now and I only wish that were the case. But it is not and there are violent people out there in their thousands and they are armed; willing and lusting to watch innocent people die in bunches by their hands. How, exactly do you gun-control advocates plan to remove those weapons from their blood-thirsty hands?
I will honestly look for a reasoned argument FOR gun control that contains effective means for keeping us safe from those who carry weapons illegally and are willing to do us harm. Cartoons showing crazed, wild-eyed gun owners don't wash.
As yet, I have seen only politically correct, emotional responses to the issue that have no value other than simply making a politician look as if they are doing something. TD
Alan Caruba in Warning Signs"Among gun owners, the cliché is that “A gun in the hand is quicker than a cop on the phone.” "
" “This means that, each year, firearms are used 60 times more often to protect the lives of honest citizens than to take lives. Furthermore, of the 2.4 million self-defense cases, more than 192,000 are by women defending themselves against sexual assault. And in less than eight percent of those occasions is a shot actually fired. The vast majority of the time (92%), the mere presence of a firearm helps to avert a major crime from occurring. That is what Congressman Roscoe Bartlett (R-MD) concluded after extensive research. According to Rep. Bartlett, the number of defensive uses is four times the number of crimes reported committed with guns.” "
Thomas Sowell in National Review Online: "How many times do the same arguments need to be refuted?"
"Gun ownership has been three times as high in Switzerland as in Germany, but the Swiss have had lower murder rates. Other countries with high rates of gun ownership and low murder rates include Israel, New Zealand, and Finland.
"Guns are not the problem. People are the problem — including people who are determined to push gun-control laws, either in ignorance of the facts or in defiance of the facts.
"There is innocent ignorance and there is invincible, dogmatic, and self-righteous ignorance. Every tragic mass shooting seems to bring out examples of both among gun-control advocates."

Fiscal Cliff and Potential 2013 Tax Changes

Charles Schwab;
   Key Points:
  • Barring Congressional agreement, a wide range of tax rates should increase in 2013.
  • New Medicare taxes on net investment income and wages will impact high earners in 2013, regardless of a fiscal cliff agreement.
  • Do the math before you sell off securities to lock in current tax rates.
"Both parties in Congress support some form of extension of current rates. Most Democrats want a temporary extension, and only for certain taxpayers, while most Republicans support making current rates permanent for everyone across the board. When or if either of those plans gets enacted will depend a lot on who controls Congress and the presidency after the fall election—but the new Congress won't be sworn in until January 3, 2013, so it will be up to our current elected leaders to either take action before then or kick the can into next year. What, if anything, should the average investor do to prepare?"
 Political Cartoons by Jerry Holbert
Read the charts and tables here. 
 
Health Care Taxes
cartoonaday.com
"The new health care law imposes a number of new taxes on individuals, employers, and insurance companies. Here are some of the more noteworthy changes for individual taxpayers.
In 2013:
"Increased Medicare tax. An additional 0.9% Medicare tax will be added to earned income over $200,000 for single filers and over $250,000 for married couples filing jointly.
Surtax on unearned income. A 3.8% surtax will be imposed on net investment income for high earners.
Modified threshold for claiming medical expense deductions. The adjusted gross income (AGI) threshold for claiming an itemized deduction for medical expenses will rise from 7.5% to 10%. However, the 7.5% threshold will continue to apply through 2016 to individuals age 65 and older (and their spouses).
$2,500 limit on Health Care FSA contributions. The new law limits contributions to health care flexible spending accounts (HCFSAs) to $2,500 per year. The dollar amount would be inflation-indexed after 2013."

In 2014:
"Penalty for failing to have insurance. The penalty for people who choose to remain uninsured starts at $95 in 2014 and eventually increases to $695 in 2016 (or 2.5% of income, whichever is greater). The penalty for failure to insure would be indexed to inflation, and subsidies will be made available for those who can't afford it. "
By Rande Spiegelman; CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research. Read the disclosures at the bottom of the page linked . 

When those who rule over us consider our money to be theirs

Political Cartoons by Glenn McCoy
Rick Moran; Is a deal near on fiscal cliff?    "After conceding on taxes, entitlements, and the debt ceiling vote, Speaker John Boehner got some good news yesterday.
"Looks like he won't have to hand Obama his shirt too."
....
"To be somewhat fair to Boehner, he has no leverage at all now, having given in on the debt ceiling vote. And there are still some poison pills in Obama's proposal -- the "stimulus" money for one -- that would be a deal breaker.
"If a deal is going to go down, it will now be sooner rather than later. The momentum is now all in favor of getting something done - even if it's a rancid deal for the GOP."
Political Cartoons by Robert Ariail
President Obama's new fiscal cliff offer moves needle  "The president’s $2.4 trillion proposal marks the first time that he has given ground on income tax rates. He would raise rates on household income above $400,000 — up from $250,000 — as part of a plan delivered Monday to Boehner, according to a source familiar with the talks."
Political Cartoons by Ken Catalino
WSJ; Taxes Are Much Higher Than You Think  "President Obama argues that the election gave him a mandate to raise taxes on high earners, and the White House indicates that he won't compromise on this issue as the so-called fiscal cliff approaches.
"But tax rates are already high—much higher than is commonly understood—and increasing them will likely further depress the economy, especially by affecting the number of hours Americans work."

If you can't talk nice about the Taliban, then don't say anything at all

Urban legend; Julie Andrews Singing an Age-Related Parody of the Song, "My Favorite Things"-Fiction!

Truth or Fiction  "The eRumor describes a 69th birthday event on October 1 at which singer/actress Julie Andrews sang a humorous rendition of My Favorite Things, a song she helped make famous in the film The Sound of Music. The eRumor says the event was at Radio City Music Hall in New York and was a benefit concert for AARP." The email quoting hilarious song which Ms. Andrews is reported to have sung went like this:
Botox and nose drops and needles for knitting,
Walkers and handrails and new dental fittings,
Bundles of magazines tied up in string,
These are a few of my favorite things

Cadillacs and cataracts, hearing aids and glasses,
Polident and Fixodent and false teeth in glasses,
Pacemakers, golf carts and porches with swings,
These are a few of my favorite things.

When the pipes leak, When the bones creak,
When the knees go bad,
I simply remember my favorite things,
And then I don't feel so bad.

Hot tea and crumpets and corn pads for bunions,
No spicy hot food or food cooked with onions,
Bathrobes and heating pads and hot meals they bring,
These are a few of my favorite things.

Back pain, confused brains and no need for sinnin',
Thin bones and fractures and hair that is thinnin',
And we won't mention our short shrunken frames,
When we remember our favorite things.

When the joints ache, When the hips break,
When the eyes grow dim,
Then I remember the great life I've had,
And then I don't feel so bad.
(Ms. Andrews received a standing ovation from the crowd that lasted over four minutes and repeated encores. Please share Ms. Andrews' clever wit and humor with others who would appreciate it.)
"The Truth:
"Julie Andrew's birth date is indeed October 1 and her 69th birthday was in 2004. This eRumor started circulating in 2005.
"The problem is that none of the story is true.
"There was no performance by Julie Andrews in 2004 at the Radio City Music Hall and to our knowledge she has never sung the humorous age-related parody of the words from the song My Favorite Things."
Snopes has much more to this story, sadly.   Their site does not enable cutting and copying, so you should go to the link for the rest of the regrettable story of Ms. Andrews' lost voice.

You can hear Andrews discuss the loss of her voice here.