Dr. Kathy Sullivan head of NOAA should be Fired Immediately

This person has no clue how the NWS works.  Congress has already told this person they have the money available to fund the NWS through the end of the year to avoid furloughs.  But this NOAA head refuses to ask for the money and is a complete idiot. 

Why isn't Congress Furloughed?

The one group of government employees who do very little is Congress.  They haven't produced a budget in 4 years and I doubt 2014 will be any different.  Yet nobody talks about them being furloughed.

The Idiot Brigade that Runs NOAA

As you know NOAA wants to furlough all employees including all National Weather Service people at least 4 days this Summer.  Want most people don't know is that Congress has said they would fund the NWS through the end of the year to avoid furloughs.  However the idiots running NOAA have refused to ask Congress for the additional money to fund the NWS.   

Double Agents

Interesting story at Debka stating the Tsarnaev brothers were double agents recruited to penetrate radical terror groups.  Full story at   
http://www.debka.com/article/22914/The-Tsarnaev-brothers-were-double-agents-who-decoyed-US-into-terror-trap

NOAA Leadership is a Mess

They are now planning to shutdown weather offices in the middle of severe weather season and the beginning of hurricane season.  A few months ago NWS Employees were told that no furloughs would take place at forecast offices.  Now NOAA wants to furlough all employees for 4 days this Summer which will mean at least part time closures of offices.  So NWS Employees were basically lied too.

Why a Flat Tax Benefits the Government

By completely getting rid of the Tax Code for Individual Filers would actually benefit the Government.  The table below shows a simple method for a Flat Tax by Income Level using data from the IRS for 2010.  The Flat Tax Rate for anyone making under 100,000 combined would not exceed  10% while the top Tax Rate would be 28% for those making over 10 Million a year.

Using this simple method the Government would have collected 115 Billion Dollars more in Tax Revenue in 2010 versus the current methods used for taxation.    

Here is a simple example using Real Income in 2012 which puts someone in the 100,000 to under 200,000 Grouping with a Flat Tax Rate of  15%.  Let's say you are married and had a combined Income of $120,000.   Under the Flat Tax Rate you would have paid $18,000 in Federal Tax.  Meanwhile using the current IRS Table and a Standardized Deduction you would have paid roughly $20,000 in Federal Tax.  Thus by using a Flat Tax you would have saved roughly $2,000.

Naturally if you have kids you would be hurt by a Flat Tax unless adjustments were made to account for that scenario.    

Anyone making $600,000 or less should have an Effective Tax Rate under 18.4%

Since Obama only paid a Tax Rate of 18.4% for his 2012 Taxes on roughly $600,000 in Income then the rest of us who make $600,000 or less in 2012 should have an effective tax rate of 18.4% or less.

Chained CPI

Get ready to get screwed if the Chained CPI is implemented as your Social Security benefits will be reduced by 21%.  The data below is right from the Social Security  Administration website and shows the differences in Average Monthly Payments based on the CPI vs the Chained CPI.  If the Chained CPI was started in 2012 those getting Social Security would have seen their payments reduced by 21%.  Notice by 2050 the average Social Security Payment based on the CPI is $4678 or a whopping 174% increase.  Thus the people at SSA are forecasting an Annual Inflation Rate of  4.5% over the next 38 years.  If the cost of the products we currently buy increases by 174% in the next 38 years this country is in big trouble.    

Year		2012	2050
CPI Payout		$1706	$4678
Chained CPI Payout		$1334	$3658
		-21%	-21%

DEFCON 3

The US has raised the level of Nuclear War to DEFCON 3 so it appears the North Korean threats are being taken more seriously than normal.  Of course when DEFCON 5 is announced the war will aleady be going on.  Thus the thing to watch for is the announcement of DEFCON 4 which means things are getting real serious for a limited nuclear engagement.

Obama only Blows 600 Billion Dollars so far in 2013

With all of the talk about cutting spending let's look at the real numbers from the Department of Treasury so far through Fiscal Year 2013.  Remember the Fiscal Period for the Government runs from October through September.  If there is a monthly surplus that will show up with a negative sign.  So far halfway through Fiscal 2013 the Government has spent 600 Billion more than it has brought in.  By the end of September the Deficit will exceed 1 Trillion Dollars once again.

 

Period	Receipts	Outlays	Deficit/Surplus(-)
Oct-12	184,316	304,311	119,995
Nov-12	161,730	333,841	172,112
Dec-12	269,508	269,699	1,191
Jan-13	272,225	269,342	-2,883
Feb-13	122,815	326,354	203,539
Mar-13	186,018	292,548	106,530
		Total	600,484

Fitch, Moody's and S&P...I'm Waiting

Once again the Federal Government has no intention of dealing with its massive deficits. However none of the three big ratings agencies have any balls to downgrade the US like they promised in the Summer of 2011 if no substantial plans were implemented over the next year.  In fact since the debt limit was lifted on Dec 31st, 2012  the US has added over 400 Billion in new debt in just 3 months.

Federal Retirement System will be Revamped

FERS will not exist in 10 years and will be replaced by another system which will likely have no defined benefit plan.  For those in FERS right now count your blessings because new government employees will likely have a much scaled down version in the future. 

American Workers continue to be Screwed by the Corporations

Corporations are making all time profits by screwing the employees they have working for them.  The chart below shows the % of Employee Compensation vs the % of Corporate Profits going back to 1929 on a yearly basis.  As you can Employee Compensation is at an all time low of 59% while Corporations are keeping 41% of their profits.  This is the largest divergence since records have been kept.