AUSTRIAN ECONOMICS ADDICT

The Newest Obamacare Fail: Penalties of $36,500 Per Worker, at economicpolicyjournal.com. This new IRS penalty is a result of different interpretations of the Affordable Care Act. Or is it a money grab by the IRS. We should not be surprised that a 2500 page bill that allows bureaucrats to make more laws as they desire could be interpreted differently by the IRS. Since the IRS had to be expanded to enforce the Obamacare fine/tax, logic would follow that they have to find more money law breakers to justify their existence. Because there wasn’t enough money mined from the tax payers as only 6.6 Million Americans Were Forced To Pay The Individual Mandate Tax In 2014 for a total of only $1.2 billion. That’s chump change when you’re talking 3 plus trillion in government spending.

“Fannie And Freddie Are Back Bigger And Badder Than Ever“: NY Times Warns, at zerohedge.com. The only difference this time is “the government has decided to “sweep” almost all the duo’s profits into its own coffers, to be used as a slush fund for general government expenses“. This won’t end well will it! “What do you expect to happen when the people responsible for running the economy into the ground are rewarded with bailouts and deemed “Too Big To Jail?”

Paul Krugman On The Minimum Wage: 1998 vs 2015. by Mark J. Perry, at carpediemblog. Let’s go to the replay official!…… “Upon further review Krugman’s view on the minimum wage is…….”

“Why I Don’t Tip In Seattle” Left For Bartender, at imgur.com. You can’t raise the minimum wage in a vacuum. There will be consequences that many couldn’t even foresee, like not tipping.

A Criminal Inquiry Is Being Sought Over Hillary Clinton’s E-Mail Use, at targetliberty.com. Two inspectors general are asking the justice department to investigate Hillary Clinton. I don’t expect anything to be done because the Clintons are above the law. But as this scandal drags on, Hillary may not escape being found guilty in the court of public opinion.

IRS Agents Rob Convenient Store,  video from Institute for Justice.

No comment needed.

Lets End With A Positive Story

Black Cop: Why I Helped That White Supremacist, at usatoday.com. The people of South Carolina didn’t riot after blacks were killed in a church by a racist. Officer Leroy Smith gives everyone a lesson on how to handle the situation when he helps a man who was suffering from heat stroke at a KKK rally. South Carolina must have a different set of values than a lot of other places in this country, like Ferguson and Baltimore. Actions speak louder than words.

This entry was posted on July 28, 2015 at 6:38 pm and is filed under Leftovers. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Black Cop Helps White Supremacist, Central Planning, Don't Tip In Seattle, Fannie and Freddie Back in Business, Hillary Clinton, Individual Mandate Tax, Inspectors General Seek Investigation, Institute For Justice, IRS Money Grab, IRS Rob Convenient Store, Minimum wage, New Obamacare Penalties, Paul Krugman