Monday, October 31, 2016

Pensioner's suicide

Dawn has a grim piece about a Karachi pensioner's suicide after shameful treatment by officials.

ONE can only imagine what it would take for an elderly man to commit suicide. The recent case of one such individual, who had been making the rounds of Karachi’s Civic Centre to obtain pension that he had reportedly not been paid for 13 months, leaves one reeling with anger. His family says he had been making repeated trips to collect what was his due, and the staff that he spoke to made fun of him and his efforts to collect his pension. The resulting depression, according to his family, led him to take the extreme step of jumping off the building, and not the lack of payment. The explanations given by KMC, where the man worked all his life and from where he expected his pension, and by Karachi’s deputy mayor, somehow do not ring true. They claim that pension cheques worth Rs740m “have been readied” and will be disbursed once the Sindh government releases the funds.

Apart from the obvious, what strikes one about this story is how the actions of those officials are now available for the whole world to see and deplore. A few years ago this would not have been the case.

The internet has tied that pensioner's callous treatment to Karachi, Karachi's Civic Centre and KMC, the Karachi Metropolitan Corporation. It may be too late for him but the world is changing. It could change for the better.

Saturday, October 29, 2016

US stock market PANIC as FBI investigates Clinton!


What's the difference between the MSM and a bucket of horse puckey?

- The bucket.

http://uk.businessinsider.com/stocks-after-fbi-reopens-clinton-emails-investigation-2016-10?r=US&IR=T

Was the Iraq war a "Nuremberg" crime?

"Benjamin B. Ferencz was one of the chief prosecutors for the United States at the military trials of German officials following World War II, and a former law professor. In an interview given on August 25, 2006, Ferencz stated that not only Saddam Hussein should be tried, but also George W. Bush because the Iraq War had been begun by the U.S. without permission by the UN Security Council.[54] Benjamin B. Ferencz wrote the foreword for Michael Haas's book, George W. Bush, War Criminal?: The Bush Administration's Liability for 269 War Crimes.[55] Ferencz elaborated as follows:
a prima facie case can be made that the United States is guilty of the supreme crime against humanity, that being an illegal war of aggression against a sovereign nation.[56]"
-  https://en.wikipedia.org/wiki/Legality_of_the_Iraq_War#War_of_aggression

See also: http://www.larouchepub.com/eiw/public/1997/eirv24n06-19970131/eirv24n06-19970131_015-waging_aggressive_war_is_a_nurem.pdf

And Libya? And Syria?

Wednesday, October 26, 2016

The Democrats won’t raise taxes on the middle class—don’t believe it

Our new contributor Jim in San Marcos says:

Just how true is the statement that the taxes for the middle class will not be raised? —They will only tax the rich? Believe that and buy the Brooklyn bridge while you're at it.

If you examine your pay check stub, you will see the full amount paid to you with the Federal and state taxes deducted. Notice that there are other deductions, that are called payroll taxes for Social Security and Medicare. Technically you get them back some time way in the future, so they are not really taxes. The employee pays 6.2 percent Social Security tax and also a 1.45 percent Medicare tax which add up to a total of 7.65 percent. And naturally your employer matches those amounts. In reality, the employee pays the full 14.3 percent: the employer anticipates this as part of your salary before he even hires you.

It sounds great that the employer pays half, but if you think about it, wages are a business expense. When you look at your paystub, you see Social Security and Medicare deductions at 7.65 percent. You’d look at your paystub a little different if it reflected 14.3 percent in payroll deductions.

If the administration decides to raise Social Security and Medicare rates, they can do it and this is not considered raising your taxes. It is only deducted from the first 127K of earnings. I would guess that people earning more than 127K a year have progressed beyond the middle class.

So if you are like me, with all of my 401k deductions to reduce my taxes, I still get hit with 20% income tax. Add on to that the 14.3 percent for SS and Medicare, and we arrive at about 35 percent of my paycheck is eaten up by government deductions and income tax.

Let’s throw in some health insurance, my employer contributes $11,000 a year and I contribute $5,000. I’m not even sick and if I was to get coverage privately, it would be rather pricey. Now if your employer doesn’t offer insurance, guess what? You now have to purchase it on your own, by law. Ask yourself one question: are health insurance premiums in the private sector based on how much you earn, or are they the same for everyone? And the government has a plan for you called Obamacare. If you are too poor to afford insurance, you get full coverage. If you make some decent wages, you can only afford the plans with the high deductible that render them worthless.

Now a couple of weeks before the election, the state insurance boards are announcing new increases in rates for insurers in the following states because of Obamacare. Here are a few of them; Tennessee: 44% to 62%, Pennsylvania: 33%, Oklahoma: 76%, Nebraska: 35%, Minnesota: 50% to 67%, Illinois: 44%, Georgia: 32%, Alabama: 36%, Colorado: 20% and Iowa: 43%.

So let me get this straight, employers don’t have to pay health insurance for workers working under 30 hours. And by God they deserve $15 dollars and hour. So, you end up working two jobs to get 40 hours and are forced to purchase government health care insurance at your own expense.

How do you raise taxes on the middle class when you move them to a lower class? Donald Trump can end some of this misdirection on the middle class by getting rid of Obamacare. Raising the minimum wage just insures that corporations move overseas. The minimum wage has never been a wage to elevate people above the poverty level; it has been an entry level wage for employers to train new employees.

Where to from here? I hope we end up with Donald Trump as President. He isn’t a politician, and this is what has Washington DC worried. IMHO he is what the country needs to get back into the groove of being a major power. Obama was nothing more than a tourist with an unlimited expense account for visiting foreign countries. The era of  “Obama the tourist” needs to be retired.

Jim's Note:

Normally this blog doesn't take political positions and I don't apologize for not being politically correct. But I feel it necessary to take a stand. The news organizations of this country have selectively decided to hide "The Great Depression" that we are in, and sugar coat the present economic conditions to sway the election.

Friday, October 21, 2016

Friday Night Is Music Night: A Look At Luka

JD's latest Friday selection...

Luka Bloom is the younger brother of Christy Moore and is, in my view, every bit as good as his more famous sibling.

Here is a selection from his excellent back catalogue, the first one featuring Sinéad O’Connor-








And two songs with his brother-



Wednesday, October 19, 2016

Drownded on Titanic



Part of a gravestone at St Mary's church, Tissington. It records the death of Frank Richard Allsop aged 43, a saloon steward on the Titanic.

Mr Frank Richard Allsop, 43, came from Devon England. When he signed onto the Titanic he gave his address as Obelisk Rd, Southampton (elsewhere recorded as Woolston, Hampshire). His sister, Mrs H. McLaren was a stewardess on the ship. 
Source.

Frank's death is recorded on his father James' gravestone as his body was not recovered. 'Drownded' seems to be a dialect word, never particularly common although I've heard it a few times.