(Guest Article by Dave Webb)

The following is from an article in the Dayton Daily News in Ohio. Anyone who is not alarmed by this quote needs to be. It effects everyone. “A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 in 2013 if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of 2012, according to a new report Monday, Oct. 1, 2012. Taxpayers across the income spectrum would be hit with large tax hikes, the Tax Policy Center said in its study, with households in the top 1 percent income range seeing an average tax increase of more than $120,000, while a family making between $110,000 to $140,000 could see a tax hike in the $6,000 range.” Normally I would not quote anyone from the wire services. If there is ever a Pravda(Moscow newspaper) in the United States, surely this is it. This one got through the editors. I don't know why but it did. The FED is busy printing money. They do not have time to comfort us. The new idea which is very old is to make our money worthless. This encourages unions and everyone else to re-negotiate wages every year. Obviously if everything is inflating at say 10% per year(Off the wall number) (Read more....)