Patriot Update - A Free Press for the Conservative Revolution

Politics:

The Futility of Tax Hikes in Pictures

In light of the impending Obama Tax Hikes, Mercatus Center senior research fellow Veronique de Rugy created the chart to the right illustrating Hauser’s Law which Standford University professor Kurt Hauser recapped in this weekend’s Wall Street Journal

Source: http://blog.heritage.org/2010/11/30/the-futility-of-tax-hike...

Politics:

South Korea Trade Pact: More Important Than Ever

The economic case for the South Korea–U.S. Free Trade Agreement (KORUS) has been variously described as a “slam dunk,” a “pareto-optimal solution,” and “an easy ‘yes.’” However, aside from the economic arguments for KORUS, recent events in the Korean peninsula make approval of the agreement more important than ever.

Source: http://blog.heritage.org/2010/11/30/south-korea-trade-pact-m...

Politics:

Death Tax and Democracy

The fate of small, family-owned businesses hangs in the balance as Congress decides whether or not to finally put the crippling 55% death tax in a coffin. The toll the death tax takes on family-owned businesses has been clearly documented as has its infeasibility as a federal budgetary tool. But just as important as these concerns is the erosion of individual liberty that this tax presents. Alexis de Tocqueville recognized the role of inheritance laws in a free society in his Democracy in America

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Politics:

Don’t Tread On Me! What it Means for Foreign Policy

The bold letters of the Gadsden Flag have become the slogan of America’s 21st century Tea Party movement and a symbol of the unique American spirit. Most resurgent patriots intuitively grasp the essence of American exceptionalism, but not all understand what it means for U.S. foreign policy. The distinct yellow flag was designed by Christopher Gadsden who led the Sons of Liberty in South Carolina prior to the American Revolution.

Source: http://blog.heritage.org/2010/11/30/don%e2%80%99t-tread-on-m...

Politics:

2 million lose jobless benefits as holidays arrive

Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay. Unless Congress changes its mind, benefits that had been extended up to 99 weeks will end this month. That means Christmas is out of the question for Wayne Pittman, 46, of Lawrenceville, Ga., and his wife and 9-year-old son. The carpenter was working up to 80 hours a week at the beginning of the decade, but saw that gradually drop to 15 hours before it dried up completely. His last $297 check will go to necessities, not presents.

Source: http://www.foxnews.com/us/2010/12/01/million-lose-jobless-be...

Politics:

Satellite Image Shows Star of David on Iranian Airport Building's Roof

A satellite image of the headquarters of Iran's national airline reveals a Star of David, and government officials in the Islamic Republic are calling for its immediate removal, according to reports. The satellite image of the Airline of the Islamic Republic of Iran, also known as Iran Air, was taken by Google Earth, according to Ynetnews.com. Local reports say the building was "built by Israeli engineers" who worked in the country before the 1979 Islamic Revolution.

Source: http://www.foxnews.com/world/2010/11/30/report-star-david-sp...

Politics:

Video: GOP Rep. Buyer Blasts Acting Dem Speaker: "This is why the People have Thrown You Out"

This is somewhat interesting. Democrat speaker Pro Tempore will not let Steve Buyer, Republican from Indiana speak. This was yesterday on the House floor, and this is a pretty interesting exchange. Listen to this.

Source: http://www.rushlimbaugh.com/home/daily/site_113010/content/0...

Politics:

What Part of "Hell, No!" Did the Republicans Not Understand?

Obama has appointed Tim Geithner and the budget director Jack Lew to work with congressional Republicans and Democrats to come up with a new deal on taxes in the next couple of days. Now, imagine having the nation's taxes in the hands of a guy who couldn't even figure out TurboTax, that's our Treasury secretary Tim Geithner, the tax cheat. And that little twerp, I mean there's another one, he's in charge of dealing with Republicans and Democrats on the Bush tax cut extension controversy.

Source: http://www.rushlimbaugh.com/home/daily/site_113010/content/0...

Politics:

GOP to Pursue Full Repeal of Obamacare While Addressing Pre-Existing Conditions, Adult Children on Parents' Plans

House Republicans are looking to repeal the healthcare reform law and replace it with one of their own early next year without interrupting two popular parts the administration has already begun to implement. They include a mandate that bars discrimination of pre-existing conditions and a stipulation that allows young people to remain on their parents' insurance plans until age 26. Incoming Republican Majority Leader Eric Cantor (R-Va.) said Monday that they would do this by passing a GOP healthcare bill at the same time as repeal efforts are underway

Source: http://www.rushlimbaugh.com/home/daily/site_113010/content/0...