THE ROYCROFT REPORT

Current Events & Opinion

Posts Tagged ‘2012 Election

DNC Predicts Obama To Lose First Debate Against Romney

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Mitt Romney, former governor of Massachusetts,...

September 30, 2012 – Sounds like Barack Obama is preparing to get his clocks cleaned when he sits down to debate with Mitt Romney.

Democratic National Committee spokesman Brad Woodhouse tells Fox News, “Mitt Romney has had a lot more time to debate, the president has not debated in the past four years in terms, of a campaign debate. I think the president will hold his own, but he’s not known for sound bites. And these are 60 second, 90 second responses.”

Perhaps a little less time playing golf and a little more time for debate prep would have been a wise decision. Wise decision? Ooops, my bad…When did our Ruler Obama ever make a wise decision? -JRoycroft

Top Five Worst Obamacare Taxes For 2013

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English: Protesters standing near the United S...

September 29, 2012 – This comes from the Americans for Tax Reform:

 

Top Five Worst Obamacare Taxes Coming in 2013

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013.

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013:

The Obamacare Medical Device Tax – a $20 billion tax increase:  Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year.  In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to prosthetics more expensive.

The Obamacare “Special Needs Kids Tax” – a $13 billion tax increase:  The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500 (currently the accounts are unlimited under federal law, though employers are allowed to set a cap).

There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.  There are several million families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

The Obamacare Surtax on Investment Income – a $123 billion tax increase:  This is a new, 3.8 percentage point surtax on investment income earned in households making at least $250,000 ($200,000 single).  This would result in the following top tax rates on investment income:

Capital Gains Dividends Other*
2012 15% 15% 35%
2013+ (current law) 23.8% 43.4% 43.4%

The table above also incorporates the scheduled hike in the capital gains rate from 15 to 20 percent, and the scheduled hike in dividends rate from 15 to 39.6 percent.

The Obamacare “Haircut” for Medical Itemized Deductions – a $15.2 billion tax increase: Currently, those Americans facing high medical expenses are allowed a deduction to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI).  This tax increase imposes a threshold of 10 percent of AGI. By limiting this deduction, Obamacare widens the net of taxable income for the sickest Americans.  This tax provision will most harm near retirees and those with modest incomes but high medical bills.

The Obamacare Medicare Payroll Tax Hike — an $86.8 billion tax increase:  The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits.  Under this tax hike, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate instead. This is a direct marginal income tax hike on small business owners, who are liable for self-employment tax in most cases. The table below compares current law vs. the Obamacare Medicare Payroll Tax Hike:

First $200,000
($250,000 Married)
Employer/Employee
All Remaining Wages
Employer/Employee
Current Law 1.45%/1.45%
2.9% self-employed
1.45%/1.45%
2.9% self-employed
Obamacare Tax Hike 1.45%/1.45%
2.9% self-employed
1.45%/2.35%
3.8% self-employed

Click here to view PDF form.

Written by J Roycroft

09/29/2012 at 12:56 PM

The Poor Poor Pitiful Obama’s

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President Barack Obama and the First Lady Mich...

September 6, 2012 – I haven’t had much to say about the RNC or the DNC because it’s all so predictable. I have only one concern, that Obama is defeated and we can all get back to living in our Republic, not a Democracy. I will say a few things about Michelle though. She’s a really good speaker….and bullshit artist. Sorta runs in the family I suppose.

So Michelle Obama says she came from nothing? Fraser Robinson, Michelle’s dad, was a pump operator at the Chicago city water plant.  Back in the 70′s he was earning a salary of about $50,000 a year. That’s equivalent to $282,000 today when you adjust for inflation.  Michelle’s mother, Marian Robinson, was a secretary at the Spiegel’s catalog store. So no, Michelle Obama didn’t come from a rich family, but she sure as hell didn’t come from a struggling family like she wants you to believe. I suppose that’s the story that the Obama’s followers want to hear. Whatever works to lower yourself to moocher standards. Oh, and lets not leave out her ruler husband. In her speech she talked about Barry -

When Barack was a senator and presidential candidate, to me he was still the guy who picked me up for our dates in a car that was so rusted out I could actually see the pavement going by in a hole in the passenger side door.  He was the guy whose proudest possession was a coffee table he found in a dumpster, and whose only pair of decent shoes was a half size too small.

Really? Back then, Obama was working for a law firm, and his mother was working in a bank. Struggling? What exactly is the Obama’s definition of struggling? Obama has written about how his family went on month-long vacations to national parks and flew there from Hawaii. Poor? I think not.

Obama went to Punahou, the top private prep school in Hawaii. Michelle and Barry attended elite schools. Michelle went to Whitney Young. Whitney Young was a public magnet school for Chicago’s upper class. Later on they were both accepted to Ivy League schools even though they apparently were lacking in the credential department. Michelle has admitted that she was accepted into Princeton on an affirmative action ticket.

You want to talk about poverty? How about we talk about Obama’s half brother, you know, the one still living in a hut who recently asked a stranger for help to get medical care because he knew Barry wouldn’t help him. I think it was a reporter that helped him with a few bucks. Look it up yourself.

Michelle talked about how they aren’t into a lavish life style and don’t care about material things, unless of course it’s being paid for by tax payers. How many expensive vacations did the Obama’s take? How many separate vacations did they take in separate planes at taxpayer expense? Hollywood fundraisers, etc. What is her definition of lavish?

And never mind about the twisted tales that Bill “BJ” Clinton preached. What a great man to have introducing the nominee at the DNC. Bill Clinton, womanizer, adulterer, rapist. Yea, what a nice, honest guy to have on hand representing the Democrat Party.

How about a special tribute to good old Ted Kennedy, the drunken coward who left Mary Jo Kopechne to drown after crashing his car into the Chappaquiddick. I wonder how her parents feel about that?

I could go on and on about the bullshit which spewed from Michelle Obama’s mouth and the other liars club members the other night, but quite frankly, I may puke if I keep going.

I won’t be watching the Ruler’s acceptance speech, nor do I give a rat’s ass what he has to say. I don’t need to hear his lies, class warfare, false promises, sharing the wealth, living in a damn village, and it’s still Bush’s fault. All I need to know is that our deficit is over $16 TRILLION, there are over 23 million folks un-employed, not counting the ones who gave up after 99 weeks of un-employment checks. It’s been 4 years and absolutely nothing positive has been done, yet we are to believe that 4 more years of the same will magically improve our lives.

And some of you will still vote for that devout Marxist. Just how damn stupid and ignorant are you people? -JRoycroft

Note: I had quoted Mr Fraser’s salary at about $50,000 per year based on my Wikipedia research. That information has since been removed after Rush Limbaugh made that information public on his radio program.

Here is a link that suggests a different salary. Mail OnLine

Written by J Roycroft

09/06/2012 at 10:12 PM

Obama’s America

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May 29, 2012 – In Barack Obama’s America, half of Americans live in a household are receiving some form of government entitlement check. This according to the most recent Census Bureau data.

The data shows 49.1% who are living in a house receive at least one government benefit.  That 49.1% figure is up from 30% in the early 1980s and up from 44.4% in just 2008!

This is Barack Obama’s entitlement society, where the majority of Americans are dependent on government. These are the very people who will vote for the Marxist again. The moochers, leaches and parasites who suck the very life out of our economy by using the government as a means of plunder at the expense of hard working honest members of society.

When you see a car with a bumper sticker showing support for the re-election of Barack Obama, you can be sure of this -that person is your enemy, an enemy of everything you’ve worked your ass off to achieve. -JRoycroft

Written by J Roycroft

05/29/2012 at 6:43 PM

If I Wanted America To Fail …

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April 23, 2012 – If I wanted America to fail, I’d do nothing.

Written by J Roycroft

04/23/2012 at 7:00 AM

Joe Biden Says GOP Out Of Touch With Average Americans

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March 13, 2012 - Vice President Joe Biden spoke to 87 filthy rich liberals at a Democrat fundraiser last night. The event was held at the home of Sen. John Kerry in Georgetown.

Biden criticized Republicans for being out of touch. “These guys don’t have a sense of the average folks out there,” Biden said according to the pool report, “They don’t know what it means to be middle class.”

The 87 guests were served grass-fed New York strip steaks and white truffle mashed potatoes and paid a minimum of $10,000-per-couple to attend the dinner.

Those Democrats really have a sense of how the average folks live. Steak and mashed potatoes sounds pretty damn average to me. -JRoycroft

Written by J Roycroft

03/13/2012 at 5:56 PM

Breitbart Video To Be Released Within The Next Two Weeks Could Destroy Obama

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March 2, 2012 - UPDATE   The Video has been released. Go to BREITBART.COMto view.Andrew Breitbart spoke of his intention to release a damaging video of Obama during his CPAC speech last month. The video shows Obama in his college days appearing alongside former Weather Underground terrorists Bill Ayers and Bernardine Dohrn. Observers had speculated that the footage could have derailed Obama’s hopes for a second term.

“I’ve got video from his college days that show you why racial division and class warfare are central to what hope and change was sold in 2008 – the videos are going to come out,” said Breitbart, adding that Obama would be vetted.

Here is video of Andrew Breitbart during the CPAC convention:

Andrew recently wrote a new conclusion to his book, Righteous Indignation:
    I love my job. I love fighting for what I believe in. I love having fun while doing it. I love reporting stories that the Complex refuses to report. I love fighting back, I love finding allies, and—famously—I enjoy making enemies.
Three years ago, I was mostly a behind-the-scenes guy who linked to stuff on a very popular website. I always wondered what it would be like to enter the public realm to fight for what I believe in. I’ve lost friends, perhaps dozens. But I’ve gained hundreds, thousands—who knows?—of allies. At the end of the day, I can look at myself in the mirror, and I sleep very well at night.

May you rest in peace Andrew. Your fellow warriors will never stop fighting for the cause – and may your legacy live on forever. -JRoycroft

Written by J Roycroft

03/02/2012 at 10:57 PM

African Americans For Obama: Obama Plays The Race Card

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February 27, 2012 -  African Americans For Obama! Imagine for a moment if any of the white candidates for president announced they were asking all whites to vote for them. They needed the white vote to beat Obama.  Whites For Romney – Whites For Gingrich  – Whites For Santorum. We all know what the end result of that campaign would be! Al Sharpton would crawl out of his cave and probably bust a vein right there in front of God and all the worlds media. There would be riots breaking out all over the place. Of course certain people in our community have the full and complete backing of every race pimp in America when it comes to getting a pass on anything that involves the color of your skin, so long as it’s not white. I’m betting Martin Luther King Jr would be so disgusted of Barack Obama if he could see what that man has done to this country.

In 2008 Obama received 95% of the black vote and now he is asking for all of the black community to vote for him again.

Here is Obama’s new campaign statement for 2012:

Today, we’re announcing the 2012 launch of African Americans for Obama.

There’s no better time than African American History Month to consider the tremendous progress we’ve made through the sacrifice of so many—or a better time to commit to meeting the very real challenges we face right now.

Visit africanamericans.barackobama.com for more information about all the ways you can get involved—from attending HBCU organizing workshops to becoming a Congregation Captain—and say you’re ready to keep making history. Thanks, and see you out there.

Not only do we have a president playing the class warfare card, but now he has gone to a whole new low by openly, and in your face, playing the race card. Lets face it folks, Obama is a classless jerk and our country is SCREWED! -JRoycroft

Michelle Obama Joins The Class Warfare Bandwagon

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2008-George Hussein Onyango Obama, President Barack Obama's long lost brother was tracked down living in a hut on the outskirts of Nairobi

February 25, 2012 - Michelle Obama joins the class warfare bandwagon and questions how the rich can feel good about themselves while others struggle. She preached her little sermon to a crowd of about 300 supporters who payed $300-$10,000 to a fund raising event in Ohio. 

Michelle reminded her crowd of wealthy folks about how her husband had been raised by a single parent, with the help of his grandmother – understands the problems of struggling families “because he has lived them.”

I was just wondering, does  Barrack Obama’s brother still live in a shack in Kenya? If so, would Obama’s Marxist plan to spread the wealth extend to family living outside the United States? -JRoycroft

Written by J Roycroft

02/25/2012 at 9:48 PM

Obama’s Deficit: Hell It’s Only Trillions Of Your Dollars

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Proposed Federal Budget "Deficit Reductio...

February 6, 2012 - Ruler Obama promised in 2009 that he would “cut the deficit we inherited by half by the end of my first term in office.”

How can you tell when this president lies? Uh huh…when he opens his mouth.  During Obama’s first three years as ruler he has managed to increase our deficit by over $1 trillion every year. This guy spends our money like a pissed off woman during a divorce.

  • $1.4 trillion in 2009
  • $1.3 trillion in 2010
  • $1.3 trillion in 2011.

According to the CBO’s numbers, Obama is on track to have another year of over $1 trillion in deficits.  The CBO predicts the deficit will rise $1.08 trillion in 2012.

Obama’s deficit for 2012 will be the largest deficit ever recorded between 1947 and 2008.

You ask what was the largest deficit our country has ever had prior to 2008? I’m so glad you asked… how about $458 billion.

According to the CBO estimates,  the jobless rate will rise to 8.9% by the end of 2012 and to 9.3% in 2013.

Just imagine four more years of this spending insanity! New Zealand is looking pretty sweet these days. -JRoycroft

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