Skip to main content

US BUDGET 2011

US BUDGET 2011
President Obama still does not get right budget in this financial year (2011) too. I have said so earlier; more taxes and regulations make the situation worse than better. If you want to trim the deficit, you should pursue the process of net expenditure cutting and wealth creation.  The three big federal spending areas are defense, SS pensions (increase the retirement age and reduce the pensions paid out to retired officers) and healthcare. Federal has to cut spending across these areas to trim the deficit. Real cost saving reforms of healthcare from tort-reform to fewer incentives for the health professional industry to overspend at taxpayer’s expense. Reduce the US involvement in foreign affairs. I strongly advocate in Swiss Style budget balance amendment which eliminates deficit in the good times but allow deficit spending in bad times.
A reduction in regulatory costs stimulates business growth especially small business growth. A simplified tax code preferably no deductions with a single flat rate for everyone and tax free allowance for the first $25,000 dollars earned and ensure lower income groups don’t pay taxes.  
I wish you a very happy President Day! The best leader is the one who has good sense pick good men to do what he wants done. I would like to quote President John F Kennedy “Mankind must put an end to war or war will put an end to mankind”

Comments

Post a Comment

Popular posts from this blog

Nagorno-Karabakh conflict

To put things into perspective, Nagorno-Karabakh is not an independent entity but an occupied territory of the Azerbaijan Republic and is recognised by the international community and the UN. The fact that the Armenian Prime Minister's son is doing his military service in the Armenian army located in Azerbaijan's Nagorno-Karabakh and started an undeclared war against Azerbaijan, occupied Nagorno-Karabakh and 7 adjacent regions of Azerbaijan, and massacred and forcefully deported Azerbaijani aborigines was the main reason for the lack of peace in the region. The laws of armed conflict failed to protect the Nagorno-Karabakh civilian population, individual civilians, and civilian property. The laws of armed conflict failed to discriminate between those taking parts in the fighting in Nagorno-Karabakh. The laws of armed conflict failed to protect the environment as war causes severe or long term damage to the environment. The fact here is that there is a number of international doc...
Post a Comment
Read more

THANK YOU NOTE TO FORMER CHIEF JUSTICE OF INDIA DR A S ANAND

To: The Hon’ble   Dr. Justice A.S. Anand, Former Chief Justice of   India & Empowered Committee Chairman From: Athinarayanan Sanjeevraja Date: Wednesday, July 25, 2012 RE: Thank you and the members of Empowered Committee and the five judge constitution Bench of Supreme Court Judges.   My lord, please accept my heartfelt thank you and the members of Empowered Committee and the five judge constitution bench of Supreme Court Judges on behalf of myself and all of the people in Tamilnadu for saving lakhs of farmers in the southern districts of Tamilnadu and the fine report you made. I wish you continued success in what you are doing my lord. The completion of the remaining judgement on Mullaperiyar will require Dharma. Every judgement should apply Dharma. Dharma should not be destroyed in any of our judgement. My lord, As you knew that “ according to lease agreement indenture granted full right, power and liberty to the Tamilnadu to construct make...
Post a Comment
Read more

THANK YOU NOTE TO THE FEDERAL CONSTITUTIONAL COURT GERMANY 2012

To: The Hon'ble Bundesverfassungsgerichts Vizepräsident Prof. Dr. Ferdinand Kirchhof Von: Athinarayanan Sanjeevraja Datum: 13. September 2012. RE: Urteil am Euro-Rettungsschirm Danke mein Herr lieferte eine große Entscheidung über Euro-Rettungsfonds. Guten Tag Mr. Vizepräsident des Bundesverfassungsgerichts. Ihr Urteilsvermögen ist in der Frage der einstweiligen Verfügung des Euro-Rettungsfonds. Es war eine sehr wichtige Entscheidung in der Tat für die Gesundheit der Eurozone. Sie sprach sein Urteil, ist Euro-Rettungsfonds legal. European Stability Mechanism (ESM) nicht verletzen deutschem Recht. Vielen Dank für die Bereitstellung großer Urteil. Es ist der Beginn des Prozesses die Vereinigten Staaten von Europa zu etablieren. Sie fing an, mehr Europäer als Deutsche zu denken. Keine europäische Politiker den Mut haben den Euro zu töten. In der Tat, der deutsche Finanzminister Wolfgang Schäuble warnte auch, dass es eine "erhebliche wirtscha...
Post a Comment
Read more