sunset from behind the wire

sunset from behind the wire

Friday, September 21, 2012

Romney's Income Tax

Mitt and Ann Romney paid an average effective federal tax rate of 20.2% and owed both state and federal income taxes every year over the 20-year period ending in 2009, the GOP presidential nominee’s campaign said on Friday in response to nagging questions about his tax returns. (SEE DETAILS HERE)
Brad Malt, the trustee of the Romneys’ blind trust, said in the post that the Romneys’ lowest annual effective federal personal tax rate was 13.66% over the 20-year period. The couple gave to charity an average of 13.45% of their adjusted gross income. 
The total federal and state taxes owed plus the total charitable donations deducted represented 38.49% of total adjusted gross income. 
Malt also said Mitt and Ann Romney paid 100% of the taxes they owed during the 20-year period covered by the PWC letter. 
The disclosure comes after the Romneys filed their 2011 tax return with the IRS on Friday morning. 
The couple paid $1,935,708 in taxes on $13,696,951 in income, which was “mostly” investment income. Their effective tax rate for last year was 14.1% and they donated $4,020,772 to charity, amounting to almost 30% of their income. (Fox News)
So much for the claims of the Obama Administration. Mitt Romney keeps bouncing back as a reasonable, smart self-made man who went to the same University that Barack Obama (a millionaire in his own right) did. They both went to Harvard.

If you listen long and hard to the Obama rhetoric and class welfare rant, you might forget that they sprang from the same Harvard branding.



Now, let's see President Obama's college records for Harvard University and Columbia College.

The MSM is not reporting on the entire Obama-transcript issue and in particular the nature of an education at Columbia College that makes transferring into the college after two years of college someplace else so incredibly difficult — and rare.
Columbia has a “core curriculum” — a set of classes that every student must take, usually in a student’s first two years. Now, because Columbia has so many required courses compared with other colleges or universities, the school actually discourages transfer students who, like the president, already have two years of college behind them:
INTERNATIONAL TRANSFER STUDENTS-
To be eligible to enroll as a transfer student at Columbia, you must have completed, or be registered for, 24 points of credit (the equivalent of one year of full-time study) at another institution. Candidates with more than four semesters of college coursework elsewhere are not encouraged to apply. Columbia’s academic requirements and institutional policies make completion of all graduation requirements in a reasonable and timely fashion unlikely. If your college or university is not in the U.S. or Canada, please consult the International Transfer Students Web page.
I predict that we'll see that Barack Hussein Obama jr. was a 'foreign student' who listed his nationality as Indonesian and his religion as Muslim. I'm not claiming that he is either Indonesian or Muslim (I'll leave that to others to discuss). What I am suggesting is that the reason that he's gone so far as to spend two million dollars to seal these records is because they'd be embarrassing. 

Will Obama make these records public?  No.




Yes, It's Propaganda


I couldn't care less if there is a can of Coke or a box of breakfast cereal incorporated into a television show or a feature film/movie. Wikipedia explains it this way: Product placement, or embedded marketing, is a form of advertisement,  where branded goods or services are placed in a context usually devoid of ads, such as movies, music videos, the story line of television shows, or news programs. Traditionally the product placement is not disclosed at the time that the good or service is featured. 

In April 2006, Broadcasting & Cable reported, "Two thirds of advertisers employ 'branded entertainment'—product placement—with the vast majority of that (80%) in commercial TV programming." The story, based on a survey by the Association of National Advertisers, said "Reasons for using in-show plugs varied from 'stronger emotional connection' to better dovetailing with relevant content, to targeting a specific group."

Product Placement becomes Propaganda

Not content to merely make it a political decision, we are moving to the realm of propaganda, trying to change the trend in America where the public views ObamaCare negatively.
California’s ObamaCare-created insurance exchange is planning to spend $900,000 in taxpayer money to a P.R. firm to help enlist Hollywood “to incorporate story lines or mentions of health care reform that would reinforce [public relations] campaign messages” on prime-time TV. 
The Hill reports that alongside a possible reality show about life without the health care law, the marketing plan incorporates “a number of popular television programs and personalities such as ‘Grey’s Anatomy,’ ‘Modern Family,’ ‘The Biggest Loser,’ ‘Dr. Oz’ and others will be approached and pitched to incorporate story lines or mentions of health care reform that would reinforce campaign messages.” (Fox News)
Propaganda is a form of communication that is aimed at influencing the attitude of a community toward some cause or position by presenting only one side of an argument. Propaganda is usually repeated and dispersed over a wide variety of media in order to create the chosen result in audience attitudes. 

Direct Information (not propaganda)

California, leader in all things weird, has introduced mandatory education on gay, lesbian and transgender issues in public schools. Yes, your elementary school children will be fed this information. It's not propaganda, it's overt.
The California Senate passed a bill that would require all state public schools to teach the history of the gay civil rights movement and the contributions of members of the lesbian, gay, bisexual, and transgender community..."Educating youth about the contributions of LGBT Californians and our state's rich diversity will help foster true acceptance of LGBT students". (US News)
ObamaCare Summarized for those of us who haven't read this nearly incomprehensible tome.