Current Events And Commentaries
“And this know, that if the goodman of the house had known what hour the thief would come,
he would have watched, and not have suffered his house to be broken through.” ~ Jesus
he would have watched, and not have suffered his house to be broken through.” ~ Jesus
Luke 12:39
TPNN
Tea Party News Network
No Joke: Obama To Pay For ‘Free’ Community
College By DOUBLE-TAXING Students
Who Saved For College
College By DOUBLE-TAXING Students
Who Saved For College
Welcome to Obama’s America where those who worked hard to save
can count on having their money properly “redistributed.”
The formidable organization released a detailed description of the $320 billion tax hike being proposed and noted that one of the ways in which Obama would like to pay for this “free” community college is to penalize those who planned accordingly.
The report reads: (emphasis added)
On Saturday night the White House leaked the major tax hike details of the president’s upcoming budget. The common theme is higher taxes on savings and investment, totaling $320 billion over the next ten years.Welcome to Obama’s America where those who worked hard to save can count on having their money properly “redistributed.”...
“Democrats are demanding, yet again, tax increases on America. This never ends. When it comes to tax hikes Democrats are like a teenage boy on a prom date: they keep asking the same question different ways but always to the same point,” said Grover Norquist, president of Americans for Tax Reform.
Here are the major tax increases in the President’s upcoming budget:
1. Capital Gains Rate Hike: raises capital gains and dividends tax rate from 23.8% today (20% plus 3.8% Obamacare surtax) to 28% (including the Obamacare surtax).
The capital gains tax has not been that high since President Clinton signed a rate cut in 1997.
It would represent a massive hike in the rate since Obama took office. When he was sworn in, the rate was 15%. He proposes to nearly double it to 28% in the twilight of his administration.
2. Stealth increase in the death tax rate from 40% to nearly 60%.
Under current law, when you inherit an asset your basis in the asset is the higher of the fair market value at the time of death or the decedent’s original basis. Almost always, the fair market value is higher.
Under the Obama proposal, when you inherit an asset your basis will simply be the decedent’s original basis.
Example: Dad buys a house for $10,000. He dies and leaves it to you. The fair market value on the date of death is $100,000. You sell it for $120,000. Under current law, you have a capital gain of $20,000 (sales price of $120,000 less step up in basis of $100,000). Under the Obama plan, you have a capital gain of $110,000 (sales price of $120,000 less original basis of $10,000).
There are exemptions for most households, but this misses the larger point: the whole reason we have step up in basis is because we have a death tax. If you are going to hold an estate liable for tax, you can’t then hold the estate liable for tax again when the inheritor sells it. This adds yet another redundant layer of tax on savings and investment. It’s a huge tax hike on family farms and small businesses.
It’s like a second death tax (the first one has a top tax rate of 40% and a standard deduction of $5.3 million/$10.6 million for surviving spouses). Conceivably, an accumulated capital gain could face a 40% death tax levy and then a 28% capital gains tax on what is left. Do the math, and that’s an integrated federal tax of just under 60% on inherited capital gains.
3. “Bank Tax”
A new 7 basis point (0.07%) tax on the liabilities (not assets) of the 100 or so U.S. firms with assets over $50 billion. This will obviously be passed along to these firms’ customers and employees, since businesses don’t pay taxes–people do.
4. Tax Increase on Families Saving for College
Under current law, 529 plans work like Roth IRAs: you put money in, and the money grows tax-free for college. Distributions are tax-free provided they are to pay for college.
Under the Obama plan, earnings growth in a 529 plan would no longer be tax-free. Instead, earnings would face taxation upon withdrawal, even if the withdrawal is to pay for college. This was the law prior to 2001.
5. Tax Increases in Retirement Plans and a New Employer Mandate
There would be a new cap in the amount one could accumulate in the aggregate in all IRA and 401(k) type accounts of $3.4 million. After that, you can’t save any more new dollars. The idea is that this is enough to secure a $210,000 annual distribution in retirement, which the government apparently deems “enough” for a retiree.
In addition, all employers with more than 10 workers and who do not have a 401(k) type plan would be mandated to set up payroll deduction Traditional IRAs for their employees. Also, part-time workers would have to be covered under retirement plans if they have been working someplace long enough. These two things are a new kind of employer mandate from Obama.
Supreme Court To Force All 50 States
To Follow Its Ruling On Same-sex Marriage
To Follow Its Ruling On Same-sex Marriage

‘Limits On Free Speech’ – The Pope’s Latest Effort To Bring Muslims And Catholics Closer Together

SWISS SHOCK!! Currency War To Result In WW3
Alternative Media Television with Christopher Greene
‘Hard-hitting and in your face!’
What In The World Just Happened In Switzerland?

11 Top Economists Agree:
Our World Of Debt Is On The Edge Of Collapse
Our World Of Debt Is On The Edge Of Collapse

Bill Fleckenstein, president of Fleckenstein Capital: They are trying to make the stock market go up and drag the economy along with it. It's not going to work. There's going to be a big accident. When people realize that it's all a charade, the dollar will tank, the stock market will tank, and hopefully bond markets will tank. Gold will rally in that period of time because it's done what it's done because people have assumed complete infallibility on the part of the central bankers....
Michael Moore: Military Snipers Are ‘COWARDS,’ Not Heroes

Moore, a left-wing populist filmmaker, tweeted to his 1.79 million followers: "My uncle killed by sniper in WW2. We were taught snipers were cowards. Will shoot u in the back. Snipers aren't heroes. And invaders r worse."
Eastwood's movie has won both popular and critical acclaim, being nominated for six Oscars. ...
American Sniper - Official Trailer 2
Warner Bros. Pictures
From director Clint Eastwood comes “American Sniper,” starring Bradley Cooper as Chris Kyle, the most lethal sniper in U.S. military history. In theaters December 25th.
U.S. Navy SEAL Chris Kyle is sent to Iraq with only one mission: to protect his brothers-in-arms. His pinpoint accuracy saves countless lives on the battlefield and, as stories of his courageous exploits spread, he earns the nickname “Legend.” However, his reputation is also growing behind enemy lines, putting a price on his head and making him a prime target of insurgents. He is also facing a different kind of battle on the home front: striving to be a good husband and father from halfway around the world.
Despite the danger, as well as the toll on his family at home, Chris serves through four harrowing tours of duty in Iraq, personifying the spirit of the SEAL creed to “leave no one behind.” But upon returning to his wife, Taya Renae Kyle (Sienna Miller), and kids, Chris finds that it is the war he can’t leave behind. » American Sniper Movie
U.S. Navy SEAL Chris Kyle is sent to Iraq with only one mission: to protect his brothers-in-arms. His pinpoint accuracy saves countless lives on the battlefield and, as stories of his courageous exploits spread, he earns the nickname “Legend.” However, his reputation is also growing behind enemy lines, putting a price on his head and making him a prime target of insurgents. He is also facing a different kind of battle on the home front: striving to be a good husband and father from halfway around the world.
Despite the danger, as well as the toll on his family at home, Chris serves through four harrowing tours of duty in Iraq, personifying the spirit of the SEAL creed to “leave no one behind.” But upon returning to his wife, Taya Renae Kyle (Sienna Miller), and kids, Chris finds that it is the war he can’t leave behind. » American Sniper Movie
Hundreds Show Up To PROTEST The
‘Stand With The Prophet’ Rally
‘Stand With The Prophet’ Rally
Infowars.com
(GARLAND, Texas) — The town of Garland, Texas is preparing for an influx of hundreds of protesters, who are expected to gather Saturday afternoon to protest an Islamic event.
The protesters are objecting to an event held by the Chicago-based Islamic organization called Sound Vision. Around 500 people are expected to attend the event called Stand with the Prophet Against Terror and Hate, according to ABC News affiliate WFAA-TV. The event is being held in a building rented from the Garland school district.
Police have been monitoring social media and expect anywhere between 100 to 1,000 people to show up, according to a spokesman for the Garland Police Department.
Alia Salem, the executive director for the Council on American-Islamic Relations in Texas, said they have asked for more police protection after threats were made on social media sites.
The protesters are objecting to an event held by the Chicago-based Islamic organization called Sound Vision. Around 500 people are expected to attend the event called Stand with the Prophet Against Terror and Hate, according to ABC News affiliate WFAA-TV. The event is being held in a building rented from the Garland school district.
Police have been monitoring social media and expect anywhere between 100 to 1,000 people to show up, according to a spokesman for the Garland Police Department.
Alia Salem, the executive director for the Council on American-Islamic Relations in Texas, said they have asked for more police protection after threats were made on social media sites.
Free-Speech Foes Attack My Website
Pamela Geller declares, ‘The Islamic supremacists are out for blood’

Leftists and Islamic supremacists do this on all fronts. On Saturday, I organized a rally against an anti-free speech Islamic conference, and the leftists were in lockstep, goosestep, with the Islamic supremacists – as the media coverage from leftist outlets demonstrated....
ICC Launches “Preposterous” Probe Into Israeli “War Crimes”

The Palestinians demanded that the ICC investigation include last summer’s 50-day war between Israel and Hamas in Gaza. Some 2,200 Palestinians died during the war and 72 Israelis. Israel has maintained that more than half of those killed belonged to Hamas or other terror groups operating in Gaza. Civilian casualties in Gaza are solely the fault of Hamas, who purposely chose to operate out of densely populated residential areas. Israel has called on the ICC to prosecute the Palestinians for its indiscriminate rocket fire....
Israel: The International Criminal Court Promotes Terror

This is merely another example of the West’s double standards. What is permissible in and for the Western world when it comes to self defense is prohibited for the Jewish State of Israel.
“We will not ask permission to defend ourselves,” stressed ex-Finance Minister Yair Lapid on Israel Radio. “Thousands of rockets were fired from Gaza into Israel. Terror tunnels were dug under kindergartens. And what does the International Criminal Court do? It decides to investigate Israel!”...
Trey Gowdy’s Benghazi Inquest Compromised!
Gabor (Gabe) Zolna
Please see the referenced WND article ‘Admirals, generals, intel: Benghazi inquest compromised’ directly below this video.
Admirals, Generals, Intel: Benghazi Inquest Compromised
‘I think Gowdy has been warned away or threatened’

The Anti-Muslim Demonstrations That Have Been Springing Up
Across Europe Have Finally Given Up And Bowed Down To Islam
Across Europe Have Finally Given Up And Bowed Down To Islam

And this is exactly what had just happened when PEGIDA, the most talked-about protest movement in Germany for years, which they held weekly anti-Islamization protests decided to cancel this Monday’s event after a threat was made by ISIS against its founder.
Christians were hopeful when PEGIDA demonstrations have been springing up across Germany as well as in Austria, Switzerland, Scandinavia and Spain, but Dresden remains the only rally to have got off the ground in a significant way. The organisation has drawn huge criticism from German politicians, especially the chancellor, Angela Merkel. They drew a record 25,000 people last Monday, in the wake of the attacks by Muslim terrorists in Paris in which 17 people were killed. But last Monday, some 100,000 German traitors, four times as large as PEGIDA, marched in nationwide counter-demonstrations against PEGIDA....
European Union Now Considering BAN On ISLAMOPHOBIA And
Meeting Demands Of Muslim Murderers
Thanks To Work Of Hillary Clinton And Turkey
Meeting Demands Of Muslim Murderers
Thanks To Work Of Hillary Clinton And Turkey

U.S. National Holiday: MLK Day 2015
“Then spake Jesus again unto them, saying, I am the light of the world: he that followeth me shall not walk in darkness, but shall have the light of life.” ~ John 8:12
15 years after Dr. King's death Republican President Ronald Reagan signed a bill into law making the third Monday of January a national holiday celebrating the birth and life of Dr. Martin Luther King, Jr.
MARTIN LUTHER KING, JR. (January 15, 1929 – April 4, 1968) was an American pastor, activist, humanitarian, and leader in the African-American Civil Rights Movement. He is best known for his role in the advancement of civil rights using nonviolent civil disobedience based on his Christian beliefs (Wikipedia).
» Cartoonist: Steve Kelly For two decades, political cartoonist Steve Kelley has devoted his attention to public officials the way the radiator grille of a tractor-trailer might devote its attention to June bugs. He has delighted readers by consistently consigning office-holders to the one fate they fear most: that of not being taken seriously. » Creators.com - A Syndicate of Talent
Jesus Privately Briefing His Inner Circle of Disciples
Regarding The Last Days
Regarding The Last Days