Sunday, March 21, 2010

Directly From the Healthcare Bill

IRS agents verify if you have “acceptable” health care coverage;

IRS has the authority to fine you up to $2,250 or 2 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage;”

IRS can confiscate your tax refund;

IRS audits are likely to increase;

IRS will need up to $10 billion to administer the new health care program this decade;

IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans; and

Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four.)

from Dan Riehl


Federal Reserve must disclose bank bailout records. “The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said. The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of Lehman Brothers Holdings Inc. The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released.”


More Malcolm X

Wednesday, March 17, 2010

Happy St. Patrick's Day!

It's OK to put a little Jameson's in your coffee this morning. :)

Tuesday, March 16, 2010

Thomas Woods to speak at Trinity

American historian and best selling author Thomas Woods will be speaking at Trinity
College tomorrow. At 4pm he'll talk about Catholic social teaching and the market
economy, and then at 8pm he'll talk about Austrian business cycle
theory, the financial crisis, and issues like that. Both events take
place in Rittenberg Lounge, Mather Hall.

Thomas Woods' website

Saturday, March 6, 2010

Archaeologists find crucifixion-style nail from the time of Christ

A 4-inch crucifixion-style nail dating from the time of Christ has been discovered in an ornate box at a fort that may have been a stronghold of knights who occupied Jerusalem during the Crusades, The Daily Mirror reports.


The newspaper quotes Christopher Macklin of the Knights Templar of Britannia as calling last summer's find "momentous."

He said evidence the nail had been handled a lot "indicates it was of great interest to many people" and that he believes the original Knights Templar thought it was a genuine artifact from Christ's crucifixion.

USA Today