look who's lying about corporate tax rates!

Billionaire investor Warren Buffett says that it's a "myth" that high taxes are "strangling" U.S. corporations.

In a Monday op-ed for The Wall Street Journal, Republican presidential candidate Rick Santorum called for the corporate tax rate to be halved from 35 percent to 17.5 percent to "[r]estore America's competitiveness."

CNBC's Andrew Ross Sorkin asked Buffet what he thought the highest rate should be.

"What the rate should be are rates that bring in about 18.5 or so percent of GDP [gross domestic product] as revenue," the Oracle of Omaha explained. "The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were 10 and a fraction percent of GDP. That’s higher than we’ve seen in 50 years."

He continued: "The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world."

"So it is a myth that American corporations are paying 35 percent or anything like it. Incidentally, 1.2 percent of GDP or 12 or so percent of corporate profits actually paid, that is a rate far, far, far below what we've seen in the United States. ... Corporate taxes are not strangling American competitiveness."

Earlier this month, The Wall Street Journal reported that corporations in the U.S. paid only an average of 12.1 percent in taxes on the profits they earned inside the U.S in fiscal 2011, according to statistics from the Congressional Budget Office (CBO).

It’s the lowest percentage corporations have paid on those profits since at least 1972, and it’s less than half of the 25.6 percent they paid on average between 1987 and 2008.

Corporations saw their profits, however, reach an all-time high at the end of 2010. The $1.68 trillion in annualized profits in the fourth quarter of fiscal 2010 beat the previous record of $1.65 trillion in the third quarter of 2006.

(H/T: Think Progress)

It perfectly reflects our society’s propensity for superficial, knee-jerk reactions

to futile matters while avoiding at all cost profound reflections on the bigger picture.

"...particularly if those who produced his candidacy use his death to catalyze hatred between whites and blacks...

in the same way that they now market hatred for Muslims.

So long as Barack Obama continues to serve Israeli interests, he will continue to live a charmed life. Should he hint that justice—say for the Palestinians—is a worthy goal, the pre-staging is in place to eliminate that threat. Likewise should he seek to shut down the ongoing oligarch-ization of America and the steady piling on of disabling debt.
Should his death provoke race riots, the Department of Homeland Security is prepared to protect the agent provocateurs—under the guise of defending the perpetrators from anti-Semitism.
Would Israel assassinate a U.S. president? What kind of world would we now inhabit if Senator William Fulbright and Attorney General Robert Kennedy had succeeded in 1962 in forcing the Israel Lobby to register as a foreign agent? How would the world be different if John F. Kennedy had succeeded in 1963 in forcing international inspections of Israel’s nuclear facility?
When Robert Kennedy announced for the presidency in 1968, Tel Aviv did not know if he would revive JFK’s campaign to prevent Israel from igniting a nuclear arms race in the Middle East. Nor did anyone know if he and Fulbright would again seek transparency for Israeli operations disguised as domestic lobbying.
When RFK was murdered in June 1968, the gunman was Palestinian. That lesson should not be lost on Pakistan. In dealing with Washington, Islamabad should also recall Senator Fulbright’s candid assessment in 1973: “Israel controls the U.S. Senate.” He was gone by 1974, thirty-five influence-imbedding years ago.

"...I just care that we get to keep running them.'

Joel Stein, wrote in the Los Angeles Times in 2008:

'I don't care if Americans think we're running the news media, Hollywood, Wall Street or the government. I just care that we get to keep running them.'

"...every Jew a king and every Gentile a slave."

Rabbi Emmanuel Rabbinovich, is reported to have said this in a speech at a special conference of European rabbis in Budapest in January, 1952:

'The goal for which we have striven so concertedly for three thousand years is at last within our reach. I can safely promise you that our race will soon take its rightful place in the world, with every Jew a king and every Gentile a slave.'

And You Get Fooled Some- More.. fuck you ppl are stoopid!

The Five Dancing Israelis Arrested On 9-11

just don't try reporting the thousands of Israeli nationals that have infiltrated our country to aid in its destruction.... you will be labelled an anti semite and thrown in gulag.

we are not your problem, the palistinians our your problem

report all your neighbors suspicious behavior...

...maybe the american stasi will come and take them to gulag in the middle of the night

FBI “Communities Against Terrorism” Suspicious Activity Reporting Flyers

February 1, 2012 in Federal Bureau of Investigation

The following collection of 25 flyers produced by the FBI and the Department of Justice are distributed to local businesses in a variety of industries to promote suspicious activity reporting. The flyers are not released publicly, though several have been published in the past by news media and various law enforcement agencies around the country. We have compiled this collection from a number of online sources.

To view the documents, click on a threat area in the menu to the left and the PDF will appear on the right side of the page. You can also download the complete collection of files (ZIP Archive, 6.27 MB).


Threat Areas

Airport Service Providers
Beauty/Drug Suppliers
Bulk Fuel Distributors
Construction Sites
Dive/Boat Shops
Electronics Stores
Farm Supply Stores
Financial Institutions
General Aviation
General Public
Hobby Shops
Home Improvement
Hotels/Motels
Internet Cafes
Shopping Malls
Martial Arts/Paintball
Mass Transportation
Military Surplus
Peroxide Explosives
Recognizing Sleepers
Rental Cars
Rental Properties
Rental Trucks
Storage Facilities
Tattoo Shops



Related posts:
Department of Homeland Security to Run Suspicious Activity Reporting Ads at Walmart Checkouts
Terrorist Financing, Foreign Corruption Suspicious Activity Reporting Rises in 2010
DHS Partners with Faith-Based Organizations to Promote Suspicious Activity Reporting
DHS Partners With NHL to Promote Suspicious Activity Reporting
DHS Partners with NCAA to Promote Suspicious Activity Reporting
Washington, D.C. Police Launch Suspicious Activity Reporting Website “iWatch DC”
Rep. Peter King’s Suspicious Activity Reporting Protection Act
DHS Releases Television PSAs to Promote Suspicious Activity Reporting

Attitude Indicators:

 Support for militant Islamic groups
 Excusing violence against Americans on
the grounds that American actions
provoked the problem
 Fury at the West for reasons ranging from
personal problems to global policies of the
U.S.
 Conspiracy theories about Westerners (e.g.
the CIA arranged for 9/11 to legitimize the
invasion of foreign lands)
 Accusing the West of trying to destroy
Islam

Petrodollar pumping US policy on Iran, backfire looms

Petrodollar pumping US policy on Iran, backfire looms

As tensions between the US and Iran heat up, author Michael T. Winter believes the main reason behind America’s harsh stance is Tehran’s move to seek an alternative to the dollar as an oil currency.
Economic sanctions, spearheaded by the US and, less willingly, the EU could have a disastrous effect on both of their respective economies. If Iran cannot sell their oil to Europe, there are plenty of customers waiting in the wings, and if they come bearing not petrodollars, but gold and sovereign currencies, then all the better for Iran. These sanctions, if enforced, will in effect place a serious dent in the power of the petrodollar.
Any rhetoric regarding Iran’s nuclear program and the insistence on crippling it is nothing more than a US attempt to force regime change for one more receptive to maintaining the hegemony of the petrodollar.
The world now knows the truth about the US and how they conduct their affairs. US hostilities toward Iran have nothing to do with nuclear weapons development. If that were the case, then North Korea and Pakistan would be facing similar sanctions and threats, but they aren’t. The difference of course is in what lies beneath the ground – oil. Iran has it and the other guys don’t.
At the heart of the issue is not Iran’s dubious attempt to build nuclear weapons, or even oil, but how that oil is paid for. In 1973, Richard Nixon promised King Faisal of Saudi Arabia that the US would protect Saudi Arabian oilfields from any and all interested parties seeking to forcefully wrest them from the House of Saud. It’s important to remember that in 1973, Saudi Arabia didn’t have a fraction of the military and ground forces it possesses today (almost exclusively US manufactured weapons) and the USSR was very much a threat.
In return Saudi Arabia, and by extension OPEC, agreed to sell their oil in US dollars only. As if that weren’t sweet enough, as part of the deal, they were required to invest their profits in US treasuries, bonds and bills. The real zinger is that all countries purchasing oil from OPEC had to do so in US dollars, or ‘petrodollars’.
This strengthened the US dollar, resulting in a steady US economic growth cycle throughout the 80’s and 90’s. Countries purchasing OPEC oil started buying US treasury bills, bonds and securities to ensure they could continue purchasing OPEC oil. This worked fine for the US until 2001.
No plan, however well formulated, functions smoothly indefinitely.
2001, enter Saddam Hussein. He floated a plan to sell oil for European currencies in lieu of petrodollars. Shortly after Iraq was ‘suddenly’ found to be seeking and stockpiling weapons of mass destruction – allegations spearheaded by the US. The world knows what happened, suffice it to say that Saddam is dead and Iraq is ‘back on track’, selling its oil for petrodollars once again.
Muammar Gaddafi harbored the Lockerbie Bombers and allowed various terrorist organizations establish training camps in Libya. He tried to buy a nuke from China in 1972. In 1977, he approached Pakistan, then India. He sought nerve gas from Thailand. In spite of well over fifty failed assassination attempts on Gaddafi by Israel, the US and the UK, Libya was left to its own devices for the most part. Seeking nukes and harboring terrorists is one thing, but threatening the petrodollar is quite another. Gaddafi made a fatal error when he decided to move away from the petrodollar in favor of other currencies. This simply was not tolerated by the US. Having already played the WMD card in Iraq, something new was pulled from the US ‘regime change’ grab bag. Within a year, ‘internal’ elements rose up in rebellion against Gaddafi and now he is dead. Long live the petrodollar.
Dominique Strauss-Kahn, former head of the International Monetary Fund (IMF), suggested last year that the Euro would be a more suitable oil reserve currency than the US Dollar. Within three months of that statement, allegations of rape ruined his career, derailing his bid for the French Presidency in the process. Soon thereafter, all charges were dropped, but of course, le dommage était fait – the damage was done. Christine Lagarde, DSK’s replacement as head of the IMF sees no reason to change the current arrangement, naturellement.
The Iran situation is a little trickier. The US has sought to dismantle Iran’s regime ever since the 1979 Iranian Revolution, so this round of hostilities, while not new, reflects a new level of intensity. Why, after thirty years of hostility, has the US ratcheted up its rhetoric? As Obama stated in his recent State of the Union address, when it comes to Iran and the insistence they dismantle their nuclear program, “no options are off the table”. By stating ‘no options’ this would include nuclear deployment as a deterrent.
The answer of course is that Iran is now seeking to disengage itself from the petrodollar dynamic. In 2005, Iran sought to create an Iranian Oil Exchange, thus bypassing the US controlled petrodollar. Fear that western powers would freeze accounts in European and London banks put an end to that plan.
But that was not the end of their attempts, and Iran sought other ways to get around the petrodollar noose. There are rumors that India, which imports 12% of their oil from Iran, has agreed to purchase oil for gold. Energy trade with China, importing 15% of its oil and natural gas from Iran may be settled in gold, yuan, and rial. South Korea plans to buy 10% of their oil from Iran in 2012, and unless Seoul sides with American and European sanctions, it is likely to use gold or their sovereign currency to pay for it. Also, Iran is already dumping the dollar in its trade with Russia in favor of rials and rubles.
Iran is breaking the back of the petrodollar. Others have tried, but Iran is succeeding. To understand how disastrous this is for the US, one must have a basic understanding of how critical a role the petrodollar plays in the economic health of the US.
Through King Faisal, Nixon elevated the US to supreme economic ascendency, not unlike Damocles in his desire to rule. Sitting on the (economic) throne of the world is great, but Nixon was either unaware of the sword dangling over the US economic system, or chose to ignore it in favor of reaping the rewards of the moment.
By creating the petrodollar paradigm, the US economy soared, as all countries of the world were required to amass US currency to purchase oil from OPEC nations. Sales of T-bills, securities and US bonds soared. US coffers fattened. With the US dollar as the world’s oil currency reserve, economic fortune favored the US. But with great reward comes great risk. While other countries exchanged their currency for the dollar, (forfeiting value in the process) the US simply printed more money to match their needs and purchase their oil – essentially for free. The best example is that while gasoline in the US cost $3.00 per gallon, in Europe that same gallon costs $6.00 or more.
Herein lies the danger. If Iran is successful in its bid to set up their own bourse, or oil exchange, then what need does the world have for all those US dollars? The answer is none at all. As Iran creating gold and sovereign currency partnerships with India, China, South Korea and Russia, the hegemony of the petrodollar will be destroyed.
The resulting sell-off of US dollars, T-bills, securities, bonds and assets will flood the already swollen world economy with even more useless dollars, ultimately devaluing it into a position where hyper-inflation becomes a risk.
So, while the US government sabre-rattles and prattles on and on about nuclear weapons and the threat Iran poses to the Middle East, the thin veneer of lies spouted by the elite controlled media is being stripped away, revealing the truth of their warmongering rhetoric.
The US, by their foolish insistence on enforcing embargoes and sanctions against Iran, is hastening the end of the petrodollar and ushering in the age of US dollar hyper-inflation. A practical example: One loaf of bread in a healthy economy is $1.00. In an inflationary economy it’s $1.75. In a hyper-inflationary economy, $500.00.
Bullies may be large and dangerous, but rarely are they intelligent.
Damocles wisely vacated the throne of Dionysius before the sword fell upon his head, but the US is foolishly refusing to step down from their economic dais in spite of the catastrophic effect current policy direction will mean for US citizens and the world economy.
Michael T. Winter

There is still a segment of the population that confuse being told what to think with actual thinking and that beliefs imposed from above are just as good as knowing the real facts.

hi birdie

hi skippy