The Conservative Sage

For over a decade left wing politicians have ad used the phrase "tax cuts for the rich" ad nauseam. The so called Bush cuts were enacted in 2001 and 2003 lowering rates for all. The top rate of 39.6% was reduced to 35%. The 36% rate to 33% , the 31% to 28% and the 28% to 25%. A new 10% rate was created while no changes to the 15%.  Those with an agenda have only focused on the reduction in the top rate while ignoring the others. President Obama has weighed in from time to time with barbs towards the Wall Street "fat cats" corporations who don't need tax breaks. Well it turns out the "fat cat" might be you. According to a USA TODAY analysis 90% of federal tax breaks go to individual taxpayers. Since the government started accounting for tax preferences in 1974, the value of tax breaks for individuals has increased seven times faster than that of corporations. Currently that amount is nearly $1.2 trillion a year according to the Feds. Since the Obam...

One of the most well known cliches of class warfare if 'the rich get richer and the poor get poorer". Well in fact poor people often become richer and sometimes even rich people become poorer. Case in point: Brazilian Mogul Eike Batista who fabulous wealth and opulence has been covered by the financial press the world over. He was once ranked on Forbes billionaires list as the worlds seventh richest man with an estimated net worth of $30 billion! His supermodel trophy wife and the Mercedes McClaren parked in his living room underscored his flashy lifestyle. Mr. Batista's troubles began when his oil company OGX failed to deliver on 10 billion barrels of oil it had promised; subsequently collapsing the shares of his six public companies more than 90%. The Wall St. journal calls this the largest and swiftest financial implosion in modern times. A massive loss of wealth isn't unheard of and is actually quite common-even if not on this scale. The left has created the ...

T his has been the worst time, politically, for President Barack Obama since he took office. Recent polls reveal that public confidence in both his domestic and foreign policies has been falling amid revelations about their defects and dangers. Even people who once supported and defended him have now turned against him. There have even been rumblings against Barack Obama in the Congressional Black Caucus and among labor unions that were a major factor in helping him get elected and reelected. two of President Obama’s own former Secretaries of Defense have publicly criticized his gross mishandling of the Syria crisis, which has emboldened America’s enemies and undermined our allies around the world. As Obamacare continues to go into effect, step by step, its high costs and dire consequences for jobs have become ever more visible — as have the lies that Obama blithely told about its costs and consequences when it was rushed into law too fast for anyone to see that it would bec...

Islamic terrorist in East Africa have been battling the governments of Ethiopia, Uganda and Kenya for decades. Much of the battles have taken place between so called militants and government troops. This weekend marked a tragic turn with a bloody and brazen attack on civilians in Kenya. Suspected al Shabab gunmen stormed into an upscale Nairobi shopping mall and shot dead at least 39 people and wounding more than 150-the victims range in age from 2 to 78. Its the worst terrorist attack in Kenya since the 1998 US embassy bombing, also in Nairobi. Al Shabab, an al Qaeda offshoot of a Somali terrorist group- has waged a long campaign of violence in Kenya, burning churches, and killings of foreign aid workers. al Shabab, which means "youth" in Arabic, is demanding that Kenya withdraw forces from Somalia where they have been since 2011. What's more disturbing is that it is believed that American citizens could be amongst the attackers. These types of killings are a hallmar...

We all know what the most overused catchphrase was in 2008: Hope and Change. It was the ridiculously vague Obama campaign slogan that seemed to resonate like a religious proverb to many Americans. Almost five years later the change is hopeless. The very same group the president captivated the most-unions and college students-are the most disenchanted. This week the IRS has announced changes to the tax rules concerning automatic tips at restaurants. In the past such tips were not treated as wages subject to withholding, it was left up to employees to report them to the IRS. The new rules will treat tip income as ordinary income subject to W2 withholding. Large restaurant chains such Darden Restaurants which operates Longhorns, Olive Garden and Red Lobster are discontinuing the practice of automatic tips.. as The lower income service workers who live on their tips between paychecks will be hurt-the same lower income workers are amongst Obama most fervent supporters. Another groups ...

As the US prepares for possible military action in Syria, the nation is once again for the second time in a decade forced to confront a major human rights crisis in the middle east involving weapons of mass destruction (WMD). There is a great deal of irony in this current dilemma in that two of the key figures have spent a great deal of the past decade lambasting the Bush administration for its Iraq policy and its belief in preemptive strikes known as the 'Bush Doctrine". The Months long Syrian civil war between ba"ath party loyalist and rebel forces has jumped to top of President Obama's foreign policy agenda. A gas attack against rebel forces which has left 1,400 dead marked a crossing of a "red line" by Syria which the president promised would result in a U.S. response. Go back to 2003: the Bush administration suspecting Iraq of possessing WMD launched an invasion which although eventually led to Saddam Hussein's removal from power, no WMD were foun...