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The fiscal reality of raising our government's debt ceiling by the trillions has jeopardized our nation’s economic future. Unfortunately, excessive borrowing that supports debt ceiling increases will continue in 2012, and until borrowing sources dry up. Today’s political elites that include President Obama don’t have the political will to solve existing fiscal problems they only know how to create more of them, and its the American people who will eventually and financially suffer accordingly. Excessive government borrowing is a form of governing and fiscal dictatorship and should never be tolerated by the American people and voters.
The working poor pay their fair share of Social Security and Medicare taxes, and also their fair share of federal and state sales taxes. Yet the working poor are excluded from paying federal income taxes. Does this exclusion render the federal income tax withholding legislation as being unconstitutional? It seems to me that any form of federal and state taxation must be imposed and applied upon the broad spectrum of wage earners that includes the government defined poor, middle class, and rich taxpayers. Politicians have always used the federal income tax system as a vehicle in creating wage class warfare, and this warfare must come to an end.
In response to:

Oh Wait: I'm Not a Republican

Larry2491 Wrote: Dec 24, 2011 6:18 AM
Donald Trump first and foremost is an American, and he has every constitutional right to make the necessary efforts in becoming our next president. I do agree with him that President Obama and the majority of congressional members serving us within the two party political organizations are fiscal failures. They and their legislative policies enacted into law have squandered our nation's wealth, and we need new presidential and congressional leadership to restore our nation's wealth. If Mr. Trump decides to make a run for president as a third party candidate, he will come under a brutal attack by the fiscally dysfunctional two party establishments, their minions, other two party presidential candidates, and congressional members.
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An Update on the Payroll Tax Deal

Larry2491 Wrote: Dec 23, 2011 4:58 AM
Using the Social Security taxing system to provide temporary tax relief for working Americans only compounds the insolvency issue that faces the Social Security program. Politicians that represent us should have considered using the Federal Income Tax system to provide temporary tax relief, and they should have debated how this could have been accomplished. President Obama and those in congress who supported the misuse of the S. S. taxing system in providing tax relief should be voted out of office. They have further placed in fiscal jeopardy American workers future S. S. benefits.
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Washington's Payroll Tax Mess

Larry2491 Wrote: Dec 21, 2011 4:13 AM
Reducing working Americans Social Security taxes supported by President Obama and members of congress is just another deceptive example of how politicians will use any government taxing system for political enhancement purposes. The Social Security program is basically insolvent and the respective Trust Fund is fiscally dysfunctional which is no different than those who politically represent us. Today’s politicians don’t know how to solve fiscal problems they only know how to compound them.
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A Must-Read For Primary Voters

Larry2491 Wrote: Dec 19, 2011 7:14 AM
Isn’t Freedom of Speech great? It appears that either Gingrich or Romney will become the GOP presidential candidate. Whoever is chosen keep this in mind; Our elected president and members of congress ultimate responsibility is to ensure and protect our nation and its citizens from harms way. The individual and business taxpayers make the tax sacrifice to ensure this happens. Our elected politician’s first fiscal priority is to ensure our government law enforcement agencies, and our military establishments are well funded to meet and conquer any threat imposed upon our nation and the American people. This funding requirement should never be used as a tool for political party enhancement only.
Democrat and Republican politicians manipulate existing federal taxing systems for political gain that includes getting re-elected. Extending the payroll tax cut for another two months is an example of this manipulation. President Obama and the majority of congressional members really don’t care about keeping the Social Security program fiscally solvent in the long term.
Democrat and Republican politicians manipulate existing federal taxing systems for political gain that includes getting re-elected. Extending the payroll tax cut for another two months is an example of this manipulation. President Obama and the majority of congressional members really don’t care about keeping the Social Security program fiscally solvent in the long term.
In response to:

Keystone Blue-Collar Blues

Larry2491 Wrote: Dec 16, 2011 6:04 AM
Political posturing on various political issues such as the payroll tax and the Keystone pipe line (although important) is a diversionary tactic used by politicians to get re-elected. Using this tactic diverts attention away from the most critical fiscal issue that faces our nation, and that is debating and enacting into law legislation that begins the fiscal process of reducing deficit spending and national debt accumulation.
Voters are not politically stupid, and they will vote as they always have on pocket book issues that affect them personally regardless of how the political media attempts to sway their vote. As for me, I will vote for a president who has the political will and supporting agendas that will lead our nation and its people out of the fiscal abyss hole that past and current politicians have created. Once again current politicians have comprised and raised our nation's debt ceiling that only digs the fiscal abyss hole deeper.
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