Fair Tax Series: America’s Road to Prosperity Part 4: The Pre-bate

THE FAIRTAX SERIES: AMERICA’S ROAD TO PROSPERITY

Part 4: THE PRE-BATE

In this installment of the FAIRTAX series I want to cover the “pre-bate” provision of the plan. The “pre-bate” is a provision designed to help with the basic necessities of life, to essentially “un-tax” food, medicine, utility costs, clothing, etc. up to the poverty level. It is not designed to help the “rich” buy new cars for their 16 year old as a birthday present, a new plasma TV, or that new boat or other play toy they might want. It is also not designed to allow that “poor” family to buy a plasma TV, or to buy their kids a video game. This means that the basic necessities of life will be tax-free for everyone. The basic necessities of life being tax-free, however, does leave money to help buy these other things if desired, as the decision on how the extra money is spent is up to the members of the particular household. Once again we see the playing field leveled, more money in the hands of We the People, and everyone being treated equally, “equality under the law” I think the Constitution calls it.

Poverty level spending is defined as the amount of money necessary for a given sized household to buy the essential needs of life as determined each year by the Department of Health and Human Services (DHHS). The amount of the “pre-bate” will differ depending on the number of people in the household, not on how much income is present. I constantly hear about “fairness” from the politicians, but fairness is not really a factor in today’s tax structure. People “paying their fair share of taxes” is a class warfare tactic designed by the political class to divide and conquer We the People, not a tactic designed for actual fairness. Are those paying no income taxes paying their “fair share”? Not in my book, and I am not one of the “rich”.

One benefit of the FAIRTAX pre-bate is that it must be applied for every year. I can’t imagine Bill Gates, Warren Buffett, or other ultra-rich people applying for the Pre-bate so they aren’t likely to benefit. I can only imagine the flack these ultra rich would catch if they applied for something meant to help the least of us in America. The Pre-bate will also only go to those legally residing in the United States. It is designed to reward citizens, and those here legally with the proper work permits and authorization to be a part of our society. Those who work for money under the table pay no taxes now but will pay taxes when they spend their illegally earned wages under the FAIRTAX. They will not be able to participate in the Pre-bate as it is a provision designed to bring wage earners out of the shadows if they want to participate. I find this part rather insignificant compared to the fact that these people will actually be contributing to our tax structure through their purchases as the FAIRTAX will do. They already pay no income taxes and no Social Security or Medicare taxes as those of us legally employed are subjected to. Having the pre-bate will require those working under the table to come out into the light if they desire to benefit from the pre-bate provision.

As a household of 2, my wife and I will not benefit as much from the pre-bate as those who have larger families. It will benefit my children and grandchildren as the money taken off of the cost of the basic necessities of life will provide more money for food, utilities, and the other necessities. When they take the amount of taxes off the price of food, for instance, they can buy more food instead of paying federal taxes with that money. I am looking at the best option for the people of America and I find this to be a very fair and sensible way to implement that goal.

 

This is the final installment of the “nuts and bolts” of the FAIRTAX. My final installment will cover an overview of what you have seen so far and my conclusions as to the benefits of the FAIRTAX.

 

I  submit this in the name of the Most Holy Trinity, in faith, with the responsibility given to me by Almighty God to honor His work and not let it die from neglect.

 

Bob Russell                              Claremore, Oklahoma                                    November 25, 2011

Papa Roach – HELP (Lyric Video)

Check out the official lyric video for of ‘HELP’ by Papa Roach off their new upcoming album Crooked Teeth.

Lyrics to Papa Roach ‘HELP’

I think I need help
I’m drowning in myself

Did someone turn the lights out
Or is it just another dark cloud in my head?
Cause I’m cut deep, my heart won’t beat
Deep down low it’s killing me
If I wanna scratch out yesterday
I’ve got so much I need to say

I think I need help
Cause I’m drowning in myself
It’s sinking in, I can’t pretend
That I ain’t been through hell
I think I need help
I’m drowning in myself

They’re preying on my weakness
Believe it
I’m thinking to myself “No not again”
And I won’t keep listening
When temptations creeping in
If I wanna make it another day
I’ve got so much I need to say

I think I need help
Cause I’m drowning in myself
It’s sinking in, I can’t pretend
That I ain’t been through hell
I think I need help
I’m drowning in myself

I think I need help
Cause I’ve put myself through hell

I think I need help
Cause I’m drowning in myself
It’s sinking in, I can’t pretend
That I ain’t been through hell
I think I need help

I think I need help
I think I need help

OPEC Believes US Shale Boom Won’t Last Long

 

by Jason Hopkins

OPEC predicts that competition with the U.S. will drop significantly in less than five years, allowing members of the world’s largest oil cartel to keep dominating the market.

During a meeting in Algiers, Algeria, members of the Organization of the Petroleum Exporting Countries (OPEC) predicted Sunday that U.S. shale growth would “slow significantly” after 2023, triggering renewed demand for their own oil. OPEC, according to The Wall Street Journal, expects U.S. output to top off at 14.3 million barrels a day around 2027 and then drop to an average of 12.1 million barrels a day by 2040.

The oil cartel predicted in a report published Sunday global appetite for OPEC oil will grow as American supply steadily declines.

“Thereafter, a gradual decline in non-OPEC liquids supply, coupled with moderate, but sustained global demand growth, leads to a steady increase in demand for OPEC crude, which rises to nearly 40 million barrels a day by 2040,” the report forecasted.

The cartel, however, also acknowledged how explosive growth in the U.S. has currently upended the global market.

“Declining demand for OPEC crude is a result of strong non-OPEC supply in the 2017–2023 period, most notably from U.S. tight oil,” OPEC said of its long-term outlook. “The U.S. remains by far the most important source of medium-term supply growth, contributing … two-thirds of new supply, driven by surging tight oil output.”

American oil producers have experienced unprecedented growth in recent years, largely thanks to the implementation of hydraulic fracturing, which has unlocked fossil fuel reserves long believed as uneconomical to extract. The U.S. has now surpassed both Saudi Arabia and Russia in becoming the world’s largest producer of crude oil.

However, this has not shielded U.S. consumers from OPEC’s manipulation of oil price. In a coordinated effort to keep prices up in the face of strong U.S. output, OPEC has worked to keep production low.

Ahead of their Sunday meeting, U.S. President Donald Trump warned members — again — to stop raising oil prices.

Republican Sen Cory Gardner Will Give Up On A Wall, Vote With Democrats

Colorado Republican Sen. Cory Gardner’s spokesperson said Wednesday that the senator will break with his fellow Republicans and vote for a Democratic bill to end the partial government shutdown without any border security funding gains.

Gardner’s spokesperson told The Denver Post Editorial Board that the senator opposes shutdowns, even the 2013 partial government shutdown under the Obama administration.

Republican Sens. Susan Collins of Maine and Lisa Murkowski of Alaska also plan to vote for both Trump’s offer and the Democratic plan, reported Axios. But the funding bill in question is expected to fail, since it needs 60 votes and most senators will vote along party lines. The Senate is split with 53 Republicans and 47 Democrats and Independents who caucus with Democrats.

Republicans are putting forward a “compromise” spending bill Thursday afternoon as well, and it is also expected to fail, according to The Denver Post.

Gardner’s announcement comes as the shutdown over border wall funding extends past the one-month mark — it hit day 34 Thursday. Trump wants more than $5 billion for a southern border wall; House Speaker Nancy Pelosi has said a border wall would be “immoral.”

Gardner is also up for re-election in 2020 and has at least three Democratic challengers so far, including openly gay nonprofit director Lorena Garcia. Gardner was classified as one of seven senators most likely to lose their seats in 2020 by CNBC in November. Collins was also on CNBC’s list.

Gardner has represented Colorado since 2015. Several of Gardner’s family members were doxxed in October because he voted to confirm Supreme Court Justice Brett Kavanaugh.

He endorsed Republican Texas Sen. Ted Cruz in the 2016 presidential election, according to Ballotpedia. He called on President Donald Trump to withdraw from the race after a 2005 recording of Trump making lewd comments about a woman was published in October 2016.

If Gardner loses in 2020, his Democratic challenger would join senior Democratic Colorado Sen. Michael Bennet in Washington, D.C.

How to counter Chinese hacking and theft of US weapon designs

 

Gen. Chang Wanquan, the current Chinese Minister of National Defense. Photo by the Central Military Commission of the PRC.

On Tuesday, May 28th, the Washington Post and the Washington Free Beacon reported, and the DOD confirmed, that designs and performance parameters (and other classified information) for dozens of US weapon systems had been stolen in recent weeks by Chinese hackers, as warned by a Defense Science Board report.

Among the weapons whose designs have been stolen by Chinese hackers are top-drawer systems such as the V-22 Osprey, the THAAD and Aegis missile defense systems, and the F-35 strike jet, as well as some older and obsolete systems like the PATRIOT air and missile defense complex and the F/A-18 naval strike jet.

In any case, this is arguably the biggest breach of classified information – and certainly the biggest theft of US weapon designs – in US (if not world) history, overshadowing the theft of US nuclear weapon designs by Soviet spies in the 1940s and Chinese spies during the Clinton years.

(And yet, lawmakers and the Obama administration want to downgrade and soften the US export control system, to make it even easier to export weapons to China and other hostile countries. Thus, the US is essentially giving China the gun with which to kill American troops.)

The meteoric rise of China’s military might has been partially aided by espionage, including cyberespionage. Sun Tzu, who devoted an entire chapter of his Art of War to spies and believed that knowledge of the enemy can be provided only by citizens and officials of the enemy country, would’ve been amazed by the espionage possibilities that hacking has opened – and Chinese hackers’ success in doing so.

How can the US counter this Chinese cyber onslaught? Here’s how.

Firstly, the US needs to publicly recognize China as an adversary. Top US officials, including the President, need to state this publicly and unambigously, and rally the nation to take action against China. It is time to do away with the suicidal, leftist policy of appeasing China practiced by all administrations of both parties since 1989.

It is time to push aside the leftist propagandists and pseudoanalysts like Henry Kissinger, James Cartwright, Joseph Nye, Dennis Blair, Joseph Prueher, and Eric McVaddon, whose idiotic policy of appeasing China, adopted by all administrations since 1989, led to this disastrous cyberattack – the cyber version of Pearl Harbor – and to China’s dangerous military rise in the first place. China is an adversary of the US and should be treated as such.

Over 23 years of appeasing China and trying to “make it a responsible stakeholder in the international system” and trying to bring it into that system have utterly failed. China has no interest in being a “responsible stakeholder in the international system” – it has a vested interest in expanding its territory (especially at sea), subjugating its neighbors, growing its military and economic power, and pushing the US outside Asia in order to become the uncontested hegemon of that continent.

THAT is why China has amassed all of the anti-access/area-denial military capabilities that Washington is now worried about. Cyberwarfare is one of them.

China is a dangerous adversary. It has the historical grudges of a Weimar Republic, the militant nationalism of an Arab state, and the expansionist agenda of the Soviet Union – all at the same time.

It is also time to cast aside any notions of Sino-American “cooperation” on cyberspace when China is America’s adversary and the perpetrator of most cyberattacks against the US. Naive fools who advocate such attacks, such as Gen. Martin Dempsey, the current chairman of the Joint Chiefs of Staff, must be removed from office. It is time to publicly recognize China as an adversary and the perpetrator of these cyberattacks, and to name and shame it.

It is also time to recognize that China’s attacks on the US are but a part of a much greater struggle between China and the US, and it will not end until either side succumbs to the other. It will be a struggle similar to the Cold War. The US needs to develop a long-term grand strategy to win it.

Next, the US needs to leverage all means at its disposal to force China to stop these attacks. The US should start by developing better cyberdefenses. This means extending obligatory protection to all critical industries (or, at minimum, all those that have or want to receive federal contracts), acquiring better protective software (including better firewalls), making passwords on government computers tougher, frequently changing these passwords, signing cyberdefense pacts with allies, and most importantly, finally passing a cybersecurity bill like the CISPA passed by the House this year and last year. There is no excuse for Congress not passing a cybersecurity bill. Such bill must allow for seamless, unlimited sharing of information between the government and private companies.

Also, the US government should hire top IT specialists and consultants, such as Kevin Mitnick, Morpheus, Neo, et al., and even this man.

But mere cyberdefenses will not solve the problem. Defensive war is very difficult, although not entirely impossible, to win (how many wars have been won by staying solely on the defensive and never going on the offense?). That is because in a defensive war, the enemy – the attacker – has the initiative, and war is very difficult (although again, not entirely impossible) to win when the enemy has the initiative. Cyberwars are no different.

Thus, the US should frequently conduct massive cyberattacks of its own against China, especially the PLA, especially its hacking units.

The US should also utilize other, non-cyber, means of pressure. The scheduled, utterly suicidal sequestration defense cuts, and any cuts in the US nuclear deterrent or missile defense systems, must be completely cancelled and prohibited by law. The US military should shift, as quickly as possible, from a short-range force heavily dependent on in-theater bases, satellites, and cybernetworks, to a force wielding primarily long-range weapons and much less reliant on those assets.

Also, Chinese politicians and government officials should be completely barred from entering the US until China completely stops its cyberattacks. The invitation to Gen. Chang Wanquan, the Chinese Minister of National Defense, to visit the US should be revoked.

Moreover, the US should construct an alliance of nations surrounding China in order to counter Beijing. Participants should include, but not be limited to, Japan, Taiwan, Vietnam, the Philippines, Thailand, India, and China’s western neighbors (former Soviet republics). These allies should be allowed to buy any weapons they want and receive US defense commitments if they haven’t received them yet. Existing commitments should be reaffirmed.

The US should, if possible, also try to sever Russia’s informal alliance/partnership with China.

Furthermore, the US should impose a complete embargo on Chinese products. China needs the US more than America needs China. Beijing does have a huge annual trade surplus with the US, but it also has a large annual trade deficit with the rest of the outside world.

In other words, Beijing is running huge trade surpluses with America to be able to afford large trade deficits with the rest of the world (outside the US). The US is effectively subisidizing China’s ability to do that. This is because, outside the US and China itself, few people want to buy Chinese products; and most other countries of the world don’t give a hoot about Friedman and Hayek and try – with various degrees of zealousness – to protect their industries.

If the US were to stop buying Chinese products and start buying American ones, China’s economy would suffer dreadfully, as China would now be running huge trade deficits every year. Outside the US, few people in the foreign world want to buy Chinese products.

The latest Gallup polling shows that 64% of Americans are quite willing to pay more for American products – if it means buying American instead of Chinese ones. In other words, 64% of Americans would wholeheartedly support Buy American trade policies.

Thus, America has HUGE economic leverage over China – it just needs to use it. So far, it hasn’t.

And last but not least, the US should continually shame China around the world for its abysmal human rights record and support all opposition groups in China, including the Tibetans, the Uighurs, and the residents of Inner Mongolia seeking to unite with independent Mongolia to the north.

The US has many forms of leverage it can use over China. It just needs to use them. But first and foremost, it needs to publicly recognize China as an adversary. It will never win any kind of competition – let alone Cold War style rivalry – over an adversary it is too afraid to even name.

Flat Glass Market Size Worth $124.14 Billion by 2022

The global flat glass market size is expected to reach USD 124.14 billion by 2022, according to a new report by Grand View Research, Inc., posting a CAGR of 7.1% during the forecast period. Robust growth of the building and construction sector in developing countries is expected to be a key factor propelling the market.

Glass is increasingly being used in construction applications. Tempered glass, in particular, is being employed in roofing applications as well as in the manufacturing of glass windows. In developing countries, tempered glass is replacing standard glass in roofing applications on account of its high strength properties.

Furthermore, numerous car manufacturers employ tempered glass in the production of windows for automobiles. Its increasing adoption can be attributed to its tendency of not breaking into small parts as opposed to standard glass, which leaves back sharp pieces on breakage, which could lead to serious human injuries and possible life threats.

The commencement of 12th Five Year Plan of Civil Aviation Administration of China (CAAC) resulted in the construction of 56 new airports and expansion of 16 airports, thereby boosting the construction sector in the country. China’s sustained demand for industrial, residential, and infrastructural expansion has generated substantial demand for flat glasses.

Strong economic growth coupled with the removal of barriers to foreign investment in India is expected to spur construction demand over the coming years. Vietnam and the Philippines are also becoming increasingly attractive markets owing to rising population, rapid urbanization, and strong economic growth.

Soda ash and silica sand are the key raw materials used in the manufacturing of flat glass. Natural gas is a dominant fuel used in glass production. Turbulence in price and availability of natural gas is a major factor deterring the growth of the market.

Further Key Findings From the Report Suggest:

  • The global flat glass market is anticipated to reach 112,445.0 kilotons by 2022, at a CAGR of 6.4% from 2015 to 2022
  • In terms of revenue, laminated glass segment is projected to register a CAGR of 7.7% over the forecast period
  • Construction application dominated the market with a share of over 79.0% in 2014
  • The North America flat glass market is anticipated to exceed 23,725.9 kilotons by 2022
  • Europe is projected to witness a remarkable CAGR of 5.9% over the forecast period, owing to increasing demand for construction activities in the region
  • Asian countries, especially India and China, are expected to observe remarkable growth over the forecast period
  • The market is partially consolidated and competitive in nature, with the presence of global multinational players
  • Some of the key companies present in the market are Guardian Industries, AJJ Ltd., Cardinal, Independent Co. Ltd., OldCastle, NSG Group, Saint Gobain, AGC, and PPG Industries.

Accused Utrecht Shooter Admits Guilt, Faces Terror-Related Charges: Dutch Prosecutors

Dutch officials said a suspected gunman admitted to killing three people in the Utrecht, Netherlands shooting that happened Monday.

Gokmen Tanis, 37, reportedly admitted to three terrorist-related charges, BBC reported Friday.

A 19-year-old woman and two men, 28 and 49-years-old, were killed. The suspected gunman also wounded five other people, according to BBC.

Authorities are still investigating whether Tanis was motivated by terrorism or personal issues along with radicalized ideas, BBC reported. Police considered Tanis, who was born in Turkey, may have had a terrorist motive after finding a letter in his getaway vehicle.

Officials evacuated all mosques in Utrecht and security was temporarily increased at mosques around the country, The New York Times reported. It is unclear whether evacuations were due to a specific threat or were done to be cautious after the deadly mosque shootings in Christchurch, New Zealand Friday.

Zabit Elmaci, who used to work with Tanis, claimed he was “always in trouble,” according to The NYTimes.

A judge extended Tanis’s detention for two more weeks Friday, BBC reported. Investigation is ongoing.

This is not the first terror-related incident the Netherlands has faced in recent time. Seven men were arrested for conspiring to commit a major terrorist attack in the country and an Afghan man stabbed two Americans in a railway station in September 2018.