Free Markets, Free People

Dale Franks

Dale Franks’ QandO posts

Dale’s Observations for 10/1/2010

I’m perfectly happy to let Nicky Diaz stay in the US, if we can deport Gloria Allred, instead.



EA gutlessly knuckles under to pressure on Medal of Honor. Apparently, we’re fighting the “OpFor” in Afghanistan. http://usat.ly/91eD4r


Gov. Schwarzenegger has signed the implementation bills for Obamacare into law. And he did it like it was a good thing. http://bit.ly/d50m7o


Why is this Whitman/Diaz story a problem for Whitman? Why hasn’t Diaz been arrested for perjury? Or just deported? http://bit.ly/aLQSxp


I said CA’s hi-speed rail project was stupid back in 2008, before the voters approved it. I was right. http://bit.ly/dkIm06


The U.S. Commerce Department said consumer spending rose 0.4% in August while personal income rose 0.5%. http://bit.ly/9zWyIP

Dale?s Observations for 9-30-2010

First official photos of the new BMW K1600GTL are available. I-6 engine with 160HP, 129 ft-lbs of torque. Nice bike. http://bit.ly/9BSadX



Fisher-Price releases new toy: small plastic lozenges called “Chokies”.


Favorite Tony Curtis line: (In a thick New York accent) “Yonda lies da castle of my fodda, da caliph.”


Poll: Among California?s likely voters, 52 percent favor the proposition to legalize marijuana. http://bit.ly/9Lr9A5


It’s troubling that when jobless benefit applications are at 453K, it’s considered good news. http://bit.ly/cL9QXo


US mortgage rates drop, with the 30-year fixed at 4.32%. http://reut.rs/9PcSvx


China snubs US on boosting yuan’s value. Why wouldn’t they? They need a devalued yuan to keep exporting. http://bit.ly/95iEWh

Observations: The Qando Podcast for 26 Sep 10

In this podcast, Bruce, Michael, and Dale are joined by special guest Clyde Middleton from Liberty Pundits to discuss Barbara Boxer, the controversy surrounding the DOJ’s Civil Rights Division, and the week’s Congressional antics.

The direct link to the podcast can be found here.

Observations

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2009, they can be accessed through the RSS Archive Feed.

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Who loves ya, small business?

Well despite all their talk, it isn’t the Democrats. Speaking of the "party of no"Yesterday they killed an amendment offered by Sen. Mike Johanns (R-Neb.) that would have dropped the requirement for increased 1099s issued by business thereby saying "no" to saving huge compliance costs for small businesses.

Johanns said Section 9006 of the ObamaCare bill, requires a "2,000 percent increase" in mandatory filings of 1099 tax forms for businesses, charities, state and local governments, and even churches.

That means that in 2012:

…all organizations will be mandated to issue 1099 tax forms not only to contracted workers, but to any other group or business from which they purchase at least $600 worth of goods or services in a given year. They’ll also be required to send a copy of each 1099 document to the IRS. Johanns called the entire process "punishing" to businesses and cited a July report from the IRS’ independent taxpayer watchdog arm warning that Section 9006 "may impose significant burdens" that it labeled "disproportionate" and perhaps unenforceable.

Also killed was a proposal by Sen. Bill Nelson (D-Fla.), which would have raised the minimum annual threshold for 1099 requirements from $600 to $5000, and would have exempted businesses with 24 or fewer employees. 

Now, just sit back and imagine the compliance cost this will require.  If you ever wanted an example of why businesses have no confidence in government, this should help you with that understanding.  This is as much an unfunded mandate as any.  And it will have businesses wondering if they want to spend the money if they have to report just about everything they do via 1099. 

As usual, a duplicitous White House is involved as Guy Benson reports:

Johanns was especially critical of the White House’s role in torpedoing his amendment. Yesterday afternoon, he told Townhall.com that the president’s stated support for repealing Section 9006 was a bluff. "The White House is panicking. They know it’s a disaster, and they wanted to send a signal that they’d cede ground knowing full well my amendment and [Nelson's] wouldn’t pass," he said.

So as you sit in your office at 9pm filling out 1099s or paying someone else overtime to do it, remember who brought you the onerous and costly task.  Then do what you must.

~McQ

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Observations: The QandO Podcast for 12 Sep 10

In this podcast, Bruce, Michael, and Dale discuss Fidel Castro’s reported admission that Cuban economic system doesn’t work, and whether the upcoming election is a mandate for the Republicans, or something else entirely.

The direct link to the podcast can be found here.

Observations

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2009, they can be accessed through the RSS Archive Feed.

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Observations: The Qando Podcast for 22 Aug 10

In this podcast, Bruce, Michael, and Dale discuss ICE and Illegal immigration, The end of OIF in Iraq, and the upcoming election.

The direct link to the podcast can be found here.

Observations

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2009, they can be accessed through the RSS Archive Feed.

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Dale’s Observations For 2010-08-16

Moto Forza in Escondido has a brand new Ducati Multistrada 1200 S waiting for me to take out for a test ride. More will definitely follow… #

RT @dmataconis: Strip clubs…as close to Ground Zero as that proposed Mosque.| Now, that's what I call "Twin Towers"! #

Justice Department: Tom Delay will walk. http://bit.ly/cvHTnk #

This may be the most trite, inane, and pointless op/ed piece I've ever read. http://bit.ly/bw2eEU #

Treasurys Rise On Economic Angst; 10-Year Yield Touches 2.579%. http://bit.ly/chG9s1 #

Obama's Friday statement on the Ground 0 mosque made it a national issue. That's what you call an unforced error. http://bit.ly/dsdA8l #

The two major political philosophies of this country are fundamentally incompatible. Hence talk of secession. http://bit.ly/9RSiy6 #