President Obama Mistakes Oval Office Window For Door

January 27, 2009

Rush Limbaugh Reveals the Two Faces of President Obama

Taken from Rushlimbaugh.com on January 28, 2009

President-elect Obama at George Mason University on January 8, 2009

"Only government can provide the short-term boost necessary to lift us from a recession this deep and severe. Only government can break the cycle that are (sic -- is) crippling our economy. That's why we need to act boldly and act now, to reverse these cycles. That's why we need to restart the flow of credit and restore the rules of the road that will ensure a crisis like this never happens again."

President Obama at the White House meeting with business leaders on January 28, 2009.

"In the end! The answer to our economic troubles rests less in my hands or in the hands of our legislators than it does with America's workers and the businesses that employ them. They are the ones whose efforts and ideas will determine our economic destiny just as they always have, for in the end it's businesses -- large and small -- that generate the jobs, provide the salaries, and serve as the foundation on which the American people's lives and dreams depend. All we can do, those of us here in Washington, is to help create a favorable climate in which workers can prosper, businesses can thrive, and our economy can grow."

Federal Income Tax By Income Group.

Table Taken from National Tax Payers Union.

For Tax Year 2006

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$388,806	39.89
Top 5%	$153,542	60.14
Top 10%	$108,904	70.79
Top 25%	$64,702	86.27
Top 50%	$31,987	97.01
Bottom 50%	<$31,987	2.99
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2005

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$364,657	39.38
Top 5%	$145,283	59.67
Top 10%	$103,912	70.30
Top 25%	$62,068	85.99
Top 50%	$30,881	96.93
Bottom 50%	<$30,881	3.07
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2004

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$328,049	36.89
Top 5%	$137,056	57.13
Top 10%	$99,112	68.19
Top 25%	$60,041	84.86
Top 50%	$30,122	96.70
Bottom 50%	<$30,122	3.30
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2003

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$295,495	34.27
Top 5%	$130,080	54.36
Top 10%	$94,891	65.84
Top 25%	$57,343	83.88
Top 50%	$29,019	96.54
Bottom 50%	<$29,019	3.46
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2002

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$285,424	33.71
Top 5%	$126,525	53.80
Top 10%	$92,663	65.73
Top 25%	$56,401	83.90
Top 50%	$28,654	96.50
Bottom 50%	<$28,654	3.50
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2001

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$292,913	33.89
Top 5%	$127,904	53.25
Top 10%	$92,754	64.89
Top 25%	$56,085	82.90
Top 50%	$28,528	96.03
Bottom 50%	<$28,528	3.97
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 2000

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$313,469	37.42
Top 5%	$128,336	56.47
Top 10%	$92,144	67.33
Top 25%	$55,225	84.01
Top 50%	$27,682	96.09
Bottom 50%	<$27,682	3.91
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

For Tax Year 1999

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$293,415	36.18
Top 5%	$120,846	55.45
Top 10%	$87,682	66.45
Top 25%	$52,965	83.54
Top 50%	$26,415	96.00
Bottom 50%	<$26,415	4.00
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service

Brady Campaign Filed Suit To Stop Concealed Guns In Park

The Department of the Interior issued a new rule allowing concealed guns in National Parks, as long as the states that house the parks permit concealed weapons. The final rule is here. The Brady Campaign has filed a lawsuit in federal court seeking to block the new rule. The Brady brief is here.

Maxine Waters Played On Lou Dobbs' Incompetence

Here is Maxine Waters on Lou Dobbs Program on December 11, 2008.

Here is Maxine Waters on October 6, 2004 saying (a) there are no problems with mortgages and (b) championing mortgages under relaxed standards.

Mr. Dobbs needs to do his homework.

Senate Democrats Kill Auto Bailout Bill

On December 11, 2008, the Senate failed to muster the 60 votes needed to end debate so that it could vote on the Auto Bailout Bill. The vote was 52-35, eight short of the sixty needed. Reliance on media reports would lead one to believe that Republican senators single-handedly killed the bill.

Voting to end debate were 40 Democrats, 10 Republicans and 2 Independents. Voting not to end debate were 31 Republicans and 4 Democrats. Four Democrats did not vote, Biden, Wyden, Kennedy and Kerry. If they had voted, it is likely they would have voted to end debate and that would have been 56 votes to end debate. Considering that four Democrats voted no, the failure to end debate came about because the Democratic Senate Caucus was unable to get all its members to vote and was unable to persuade all its members to vote to end debate.

The Graying Of Senator Obama's Hair

Recently, it was pointed out that Senator Obama's hair is showing some gray. There are two possible explanations: (1) The stress of running for president is causing the graying. (2) He has been graying for some time, but has been using dye to cover it up, and he has stopped doing so. Why? Perhaps he wants to attempt to neuter the belief among some that he is too young to be president. Having some gray hair adds age and maturity.