Small Business Owners – Making Millions, of Jobs That Is…

Obama - Biden Entreprenever_edited-1President Obama, you coined the phrase “middle class economics” as one of your latest “camplaign” appeals.

I coined the phrase “Entreprenever” for you.

Mr. Obama, you have never been an entrepreneur.  You are successful beyond the imagination of most people’s dreams.  You are obviously a highly talented and intelligent person. You have a loving family.

You have a loyal and caring following… then here comes the but, at least not until, and unless, you are willing to walk in a small business owner’s shoes, you’re politics hurt small business owners.

I’m an entrepreneur.  I’m not a millionaire, but job growth is a constant in my business. There are a lot of small business entrepreneurs out there earning millions in taxable revenues for their small businesses, who aren’t millionaires.  They’re making jobs, not millions.  Why not millions of dollars? Too many regulations, too many taxes, too much big government getting in the way.

Small Business Owners make millions of jobs, not millions of dollars! That’s what I call “American Exceptionalism.”

Mr. President, if you truly want to help the middle class, help small businesses grow and hire more people.  They’re your middle class economy.  There are many up and coming millionaires that are making products, providing services and creating jobs.  They should be paying less taxes, NOT more, than they do today.

Small businesses want to invest their income in products, services and jobs, not squandered on meeting meaningless regulatory bureaucratic “make work.”  Call it unintended consequences, but I don’t think you really care, or you care more about bureaucratic jobs than you do about free enterprise jobs?  Free enterprise better defines “middle class economics” than big government any day!

Free enterprise defines middle class economics” better than big government any day!!

Small businesses that file their taxes as individuals need lower income tax rates, even at the top income brackets, so that we receive a fair return for the risk we take to grow our businesses.  In my case, growing a successful business from 1 to 40 FTEs required; cashing in all my savings, a second mortgage on the house, personal loans from friends and family, 12-14 hour days, no PTO or vacations for the first 10-12 years. The mortgage on my house was $100K when I bought the house.  Twenty-five years later after loans, it is still over $200K.  If I’m not successful, that will be my legacy to my children, not your children.

Before you insert your platitudes about every American giving their fair share, you’re too intelligent to believe our current entitlement society, including illegal immigrants choking our medical, educational and government resources, is fair to hard working legal US CITIZENS.

The failure rate for small businesses like my own is one success in five failures.  So where is your reward at the end of the tunnel?  Higher taxes.   You don’t care, but higher taxes on small business owners prevent further investment in their business,  reduces the chances of paying off outstanding loans and lost income due to lack of cash flow.

I didn’t have a 401K or savings account for over 10 years.  I don’t have a huge stock portfolio, a second home, fancy cars or take Alaskan cruises… well OK,  I did take an Alaskan cruise with my wife,  It was awesome!  Should I thank you Mr. President?  Higher taxes is how you, our President rewards hard work, ingenuity and innovation.  That’s why I coined the phrase for you, President Obama, Entreprenever.

Yes, I’ve seen the news stories about this small business and that small business, who obtained and SBA loan or some other government handout.  Good for them!  That’s great theater.  That’s great politics!  You’re the best!

I’m not going to get into the weeds on excessive regulation and the politics here.  There are plenty of people capable of doing so.  Of this I am certain.  You’ve never run a business, certainly not a small business, and certainly never had to put your life’s savings on the line for a small business.

Mr. Obama, you’re ticket’s already been punched.  You’ve already made millions.  You stand to make millions more.  Maybe you already have, so what’s my point?  My point is you can never say you are for the little guy, the small business owner, end of story.

For all the Rich and Famous liberals out there that make millions and billions, mind your own f$$$$n” business!! If you want to raise taxes on people, think about small business owners versus our government’s track record in making money.  You’re pretty good at it, why don’t you get it!!!

We’re $18 Trillion in debt.  You could let big government spend more money on the backs of hard-working small business people, as well as, their employees and their families.  You could push for lower taxes on small business owners or you could just put you money where your mouth is…

Send your contributions to:

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782

Much obliged!

Sincerely,

The ideacapitalist

Small Business Owner

Manipulation and Politicization of American Medical Education: Rotten to the Core

Socrates_and_Plato

Socrates says that his trial “will be like a doctor prosecuted by a cook who asks a jury of children to choose between the doctor’s bitter medicine and the cook’s tasty treats.”

The PPACA’s detriment to physicians is extensive. It will drown doctors in red tape and bureaucracy. It will limit physician autonomy and their ability to help and advocate for their patients. Job satisfaction will be drained and the patient-doctor relationship ruined. As federal regulators require physicians to do more, they will actually get paid less. As the situation worsens, older doctors will retire and younger doctors will look to switch careers. This will come at a time when the demand for physician services will be higher than ever. Ultimately the consequences of the Patient Protection and Affordable Care Act will translate into restricted access and inferior quality of care. No matter how you look at it, this legislation is terrible for physicians; however, it is always the patient that suffers the most. Jason D. Fodeman, M.D.

krisheldmd

When Obama and his Organizing for Obama operatives promised to fundamentally transform the USA, mesmerized groupies swooned while the majority of Americans opposed, but were forced to dry-swallow, the bitter pill- The Manifesto for that fundamental change, the paradoxically named “Patient Protection and Affordable Care Act.”

Despite what Obama organizers claim, American medicine is the pinnacle of miraculous life-saving, life-prolonging medicine achieved through a long tradition of physicians’ and surgeons’ incomparable innovation, brute-strength hard work, self-sacrificial courage, and compassionate, dignified devotion to each individual patient. America’s physicians achieved all this because we take The Hippocratic Oath, serve each individual patient to the best of our ability, and endure a rigorous rite of passage through American medical education that is beyond description, known only to those who have survived it, and is like no other in the world.

The promised fundamental transformation requires that America’s physicians break the sacred Hippocratic Oath and…

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Does Anyone Really Want to Deny Anyone Else Healthcare?

20140701-235105-85865890.jpgThis whole mess called Obamacare could have been avoided if common sense prevailed. That said, common sense is in short supply in DC.  DC is full of corrupt politicians.

If the insurance companies were mandated to insure people with pre-existing conditions, people with insurance would pay more. How many people would object to it? Not me. How about you?

Unless,  of course, we  added some competition. If we could shop for insurance  anywhere and we were allowed to save the money we didn’t spend tax free (HSAs and FSAs) without putting ridiculously low limits on savings accounts.

If the government had developed their plan to insure the poor received adequate healthcare and left the private sector to their own devices, would that be untenable? It’s called Medicaid. Single payer, government run healthcare. Instead we have a poorly crafted 20,0000 page law and regs to do that but they wanted more.  No.  They wanted to control private sector healthcare, too.

So they cancelled your policy and taxed you, too.  Check out The Obamacare Report Card.

Why mess with an entire industry for 4 million uninsured? Does anyone want to deny anyone healthcare? Not me. How about you?

The simple solution is to use your vote in the upcoming elections to throw the corrupt politicians out! K.I.S.S. them all goodbye!

 

Obamacare, Who’s Going to Pay for It?

BL obamacare enrollment attkissonAs of March 31, according to the Obama administration, 8 million people signed up for private insurance in the Health Insurance Marketplace, exceeding its target of 7 million. After all the lies and scandals coming from the White House who would believe that number?

In fact, the 8 million figure is overstated because it counted people who weren’t actually covered because they hadn’t paid their premiums, which Blue Cross, analysts and the government agree is in the 15 percent to 20 percent range.

The actual number of Obamacare enrollees as of March 31 was likely between 6.4 million and 6.8 million even while about 38 million uninsured are eligible for Obamacare

Estimates of how many marketplace enrollees were previously uninsured range from about one-third to more than half, depending on the survey and the methods used.

A recent Kaiser Family Foundation survey found that 43 percent of those who purchased insurance through the marketplace already had insurance.  They were shifted into the exchanges because of changes caused by Obamacare.

So fewer than 4 million newly insured shouldn’t be considered a victory for the Obama administration.

The rel victory for the Obama administration?  According to CMS estimates Medicaid will get 8.6 million new enrollees in 2014, thanks to Obamacare. Twenty-six states have expanded Medicaid, but if all did, spending by states would increase 26 percent—or $952 billion—from 2013 to 2022.  Who is going to pay for it?! true cost of obamacare

On the one hand, the CBO concluded that lower-than-expected Marketplace premiums and other recent developments will cut $104 billion from our deficit over the next 10 years.”  What they neglect to mention is that the coverage expansions in the ACA are still estimated to increase federal spending by $1.383 trillion over this same period.

While 4 million uninsured and 8.6 million new Medicaid recipients now have healthcare, the cost to taxpayers to insure them is staggering for consumers, who will pay 4 to 16% more for insurance in 2015.  In addition taxpayers will foot the 1.4 trillion dollar cost for Obamacare over the next 10 years and undoubtedly the reinsured, the millions who got booted off their policies even though they liked the policies they had for ones that they like less—that often cost more.

 

Summary of Obama’s IRS scandal

IRS cartoonObservations from an IT Expert “If the IRS’ email server is in such a state that they only have one copy of data and the server crashes and it’s gone, I’ve never heard of such a thing.”

“I don’t know of any email administrator that doesn’t have at least three ways of getting that mail back,” he added. “It’s either on the disks or it’s on a TAPE backup someplace or in an archive server. There are at least three ways the government can get those emails.”

Dan from Squirrel Hill's Blog

In May 2013, the Washington Post reported that the IRS had illegally targeted conservative groups for additional reviews. Organizations with the words “tea party” or “patriot” were singled out for harassment, such as requiring them to provide a list of donors, details about their internet postings on social networking websites, and information about their family members.

When this was first reported by the media in May 2013, Lois Lerner, who heads the IRS division that had conducted these illegal activities, claimed that only low level employees had known about it, and that no high level IRS officials had known about it. However, soon afterward, NPR reported that an Inspector General report showed that Lerner had been lying, and that she herself had actually been aware of it since June 29, 2011. Even worse, during March and April of 2012, Lerner herself had actually written such letters to fifteen different…

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You Cannot Govern Leadership

individualism

While small business owners are putting up their houses and their life savings to survive, to cash flow their business, to hire employees, President Obama was and still is, greasing the palms of his political donors in the name of greentech failures, spending billions of our taxpayer dollars.

The alarming failure of big government was never more evident than when President Obama publicly and carelessly joked about a trillion dollars (stimulus (taxpayer) money) wasted on “Shovel-Ready Was Not As Shovel-Ready As We Expected.”  Where was the red flag then?  Where is the red flag now?

The only hope I see for this country is individual responsibility, and leadership that creates prosperity, not big government. You cannot govern leadership.   Today individual responsibility, leadership, and American exceptionalism are too often political talking points and empty words. When individual leadership fails, or fails to materialize, it creates dependency.

Leonardo da Vinci said it 480 years ago and he said it in Italian. Here is the clearest translation:  “People of accomplishment rarely sit back and let things happen to them. They go out and happen to things.”

I don’t do what you’re passionate about, but be passionate about what you do.  Don’t follow your passion.  Let your passion follow you.  That’s leadership.

As a small business owner after 25 years it has been my experience, the most important life decisions you make, have to be made on your own.  I built my business and leadership is key.

Others will pontificate as to what a leader is, what a leader must do and how a leader must act.  I don’t have time for all that and neither do you.  The best way to find out if you are a leader is to deal with life’s biggest challenges when it comes to crunch time.

Decide on your own and act accordingly.  You’ll no doubt get plenty of advice, but no one is going to know better than you, what to do.  You are better qualified than anyone or anything to make the decisions that affect you personally and those who depend on you.

There’s a disturbing trend in our day-to-day lives towards dependency on others, big institutions, big labor and big government.  Sweat equity has been replaced by entitlement equity.  People measure success based on what they can get, not what they can give.  

A major new study by Harvard economist Raj Chetty, however, shows things haven’t changed all that much. “Children entering the labor market today have the same chances of moving up in the income distribution relative to their parents as children born in the 1970s,” it finds.  “That doesn’t mean politicians can’t improve people’s chances of rising. It’s just that the best way they can do so is by getting out of the way.”  The Foundry

The problem is the more you lean on the government, the more your life depends on government.  You are governed by more  laws, more regulations and more public policy today than ever before.  Who you become, what you do, and how you do it, is shaped by public opinion and the mainstream media.

In this new era influenced by mass media and public opinion, big government is their divined solution to all your problems.  American exceptionalism, entrepreneurship and the multitude of small business success stories that built a thriving post WWII economy, are too often ignored, discounted and discouraged with crippling regulation and  laws that are the new normal.

What if a typical family spent like government?

What if a typical family spent like government?

Individualism and leadership are sorely needed.  People, not big government, can make a difference.  You and I need to step up to the plate.  Our country’s in peril as is our next generation.  Take on the career politicians who have created roadblocks to personal responsibility and leadership.  Our country is on the line. Vote them out in 2014 and 2016.

Career politicians passing laws that control our lives severely curtail the entrepreneurial spirit and small business startups, the little engine that could, that should and does grow the economy.   Consider the cost of healthcare has virtually doubled for small businesses in the past 5 years.  

Entrepreneurs are the lifeblood of free enterprise. Their heart is beating for their next customer, for their fellow employees and their families.  Their soul is intact.  They epitomize what comprises the backbone of our country, small business.  In their shadows are the real leaders, the chief cooks and bottle washers; the real risk takers that stand behind their champions, small business owners.  Small business owners are essential to the future success of the US economy.

Entrepreneurs are not the only leaders.  Leaders are people I see when I come to work before dawn.  I see them after dusk, when darkness settles.  They are resourceful.  They don’t think twice.  If you say something to them about the long hours they keep, they will readily commiserate with you, complain if you will, but there is a sense of pride in their voice.  There is a smile on their face.  These hard working people who are the heart and soul of the US economy.

In an atmosphere where people lean more on government, blame others and institutions for their circumstance, we need more leaders. Whether you are a parent, employee, small business owner or CEO of a multi-billion dollar corporation; people depend on you for guidance.  You are accountable for the success or failure of others.  You have to make decisions that affect other people for better or for worse. 

In business or in your personal life, when the time comes, no one will make the important decisions for you.  Don’t get me wrong.  You will get plenty of advice.  “If I were you…” “You should…”  “You could…” “You might…” Later on, after the decision has been made, you will summarily receive the same words, only in a different context.  “If it were me…” “I would have…”  I could have…”  “I would have… Draw on your own experience.  Make your own decisions.

The most important decisions you can make, are made by you alone.  That’s leadership.  You can change the world, change you can believe in.

Obama Should Consider A Permanent Staycation.

civics quizObama should consider a permanent Staycation. Why?  Because it may deter him from breaking his own ill-conceived law a.k.a. Obamacare again and again.

What kind of man would blithely disrupt the medical care of millions of Americans, and then repeatedly lie to them with glib assurances that they could keep their doctors or health insurance if they wanted to?”  Thomas Sowell

1) Within months after Obamacare was passed, Obama, without approval from Congress, illegally gave some organizations, including numerous corporations and unions, an exemption from some of the requirements of Obamacare.  As time went on, more than 1,300 organizations received these exemptions.

2) In 2013, members of Congress and their staff complained that Obamacare was going to cost them a lot of money, and said that this would likely cause a brain drain among their staff. In response to this, Obama made changes to Obamacare so that these things would not happen. However, Obama’s actions were illegal, because he made these changes without Congress voting on them first.  The New York Times wrote of this:

… the language of the health care law requires Congressional employees to obtain health insurance through an exchange created by the law, but other parts of the federal legal code restrict the ability of the federal government to pay the usual employer share for group insurance programs approved by the Office of Personnel Management.

A straightforward reading of the law thus means that Congressional staff members, starting in January 2014, will have to obtain insurance through the Affordable Care Act but pay for it on their own without the normal contribution from their employer — Congress. This would be a multi-thousand-dollar income hit for those affected… many… would potentially feel the pain, giving rise to concerns over a potential brain drain of Congressional staff members finding other employment.

… the federal personnel office initially ruled that Congressional staff members would not be eligible for the subsidies, and then changed this decision under pressure from the White House…

3) In July 2013, Obama illegally delayed the employer mandate part of Obamacare from January 2014 until January 2015 without Congressional approval.

4) Even though Obamacare requires the government to verify the income of people who receive subsidies for Obamacare exchanges, in August 2013 it was reported that Obama would not be verifying their incomes.

5) As it was passed by the House and Senate and signed by Obama in 2010, Obamacare sets caps on the out of pocket payments that people pay for health care, and these caps were legally required to take effect in January 2014. However, in August 2013, Obama, without approval from Congress, illegally delayed these caps until January 2015.

6) Obamacare requires that individual employees of small businesses be allowed to choose their own insurance plan during the first year of Obamacare. However, in March 2013, the Obama administration announced that it would not be allowing them to make this choice during the first year. Because Obama did this without approval from Congress, his action was illegal.

7) After Obamacare was passed, Obama illegally added 20,000 extra pages to it, without approval from Congress.

8) In May 2013, the Washington Post reported that Obama had illegally used Obamacare to give additional powers to the IRS, without approval from Congress.

9) In May 2013, Health and Human Services Secretary Kathleen Sebelius solicited donations from health insurers to help pay for Obamacare. Such soliciting is illegal. Obama refused to fire or prosecute Sebelius for her criminal behavior.

10) Obamacare calls for the creation of 16,500 new IRS agents. In March 2011, 15 IRS agents illegally seized the medical records of 10 million people without a warrant. Obama refused to fire or prosecute them for their criminal behavior.

11) In August 2013, it was reported that Obama had illegally used Obamacare to fund pre-K education without approval from Congress.

12) In August 2013, it was reported that Obama had illegally missed 41 of Obamacare’s 82 deadlines.

13) In August 2013, it was reported that Obama was trying to give illegal Obamacare subsidies to unions, without approval from Congress.

14) Obamacare requires that the online registration for small businesses be ready by October 1, 2013. However, five days before that date, Associated Press reported that this deadline would not be met.

15) In November 2013, it was reported that Obama was trying to illegally exempt some unions from some of the Obamacare fees, without approval from Congress.

16) In August 2013, without approval from Congress, Obama illegally gave an Obamacare waiver to Massachusetts.

17) On November 14, 2013, after insurance companies had canceled policies that did not meet the minimum requirements of Obamacare, Obama told them to restore these policies. However, he did this without Congress voting to approve these changes to Obamacare. The President does not have the legal authority to change a law that was passed by Congress, without those changes first being approved by Congress.

18) In December 2013, Obama ordered insurance companies to cover “customers” who had never paid any premiums. Obama’s action was illegal because it violated the takings clause of the Fifth Amendment. It was also illegal because he did not have approval from Congress.

19) On December 19, 2013, Obama gave exemptions from the Obamacare mandate to people whose insurance had been canceled due to Obamacare. Because Obama gave out these exemptions without approval from Congress, his action was illegal.

Source: Dan From Squirrel Hill’s Blog

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