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THE BUFFETT RULE - CrushTheStreet U.N.U. 13 for April 13, 2012

648 views · Published 13 April 2012 · 3:04 · Indexed 2 October 2026

Channel: Crush The Street · 2012 · News & Politics

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You may have heard of the Obama family vacations and the large bills they accrue for the taxpayers. Obama dodge a question on this recently. [Video Clip] Obama in 2011 made under one million dollars, less than previous years such as 2009 where he made five and a half million. Making under a million last year disqualifies him for what he has been toting as his "Buffett Rule" where anyone making over a million should pay 30% of their income in federal tax. George Soros who doesn't pay that much because he gives to "charities" commented on this being fair. [Video Clips]

Now remember, 47% of Americans don't pay any federal income tax. The other 53% pay income tax on top of payroll, local, sales and other taxes. In January 2013 we're set to see the largest tax hikes in history including adding new taxes for Obamacare.

Europe, most namely Spain is back to recession levels of March 2009, showing the reality of the global crisis currently taking place.

Recently a man's home was seized under green zoning laws because he had chickens on his property in Roswell, Georgia. [Video Clip]

In a King World News Interview, Jim Sinclair states we should expect another $17 trillion in money printing. The new money is then 'rewarded' to the failed banks and is not actually going to the help the real economy. He also states that central planners are holding the gold price at $1,650 because if it reaches $1,764 it would go exponential.

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