Farmers — and those who enjoy their produce — are probably asking themselves this: Why does the Obama administration so hate farming? The answer is two-fold: It likely comes down to freedom and corporatism.

How many times have we heard about how many jobs have been added during the Obama administration? Yet few people bother to find out whether these are net additions to jobs — which is what is crucial.

Presidential candidates Gary Johnson of the Libertarian Party and Jill Stein of the Green Party agreed during Monday night's alternative candidates debate that liberty in America is endangered by a growing police state, while disagreeing over fiscal and economic issues.

While intelligent CEOs had thought they had found a way of reforming American education, they were totally unaware that left-wing, progressive educators were creating their own “reforms” designed to make things worse. With all our standards, tests, and accountability, and with No Child Left Behind and Race to the Top, our literacy continues to decline. Only parents who are informed enough to teach their children to read at home can save their children from school-induced illiteracy.

When the FEMA bureaucrats have gone home, New Yorkers will still be relying on each other, and the compassion of their fellow Americans.

In the wake of Superstorm Sandy, cities on the East Coast are enduring widespread power outages, infrastructure complications, and even gasoline shortages. As a consequence, New Jersey Governor Chris Christie issued an executive order late Friday that instituted an odd-even gas rationing system in 12 northern New Jersey counties.

Small business owners, some of whom have spent their lifetimes building their businesses, are unloading them before the end of the year in order to save taxes.  

The current capital gains tax rate is 15 percent, but in January it is scheduled to increase to 20 percent, plus the ObamaCare tax of 3.8 percent added on top brings it to 23.8 percent, a jump of 58 percent. Even if a lame-duck Congress extends the present rate of 15 percent, there is no conversation in Washington about repealing the ObamaCare tax, so at best capital gains taxes will increase by 25 percent after the first of the year.

JBS CEO Art Thompson's weekly news video update for November 5 - 11, 2012.

On January 1, 2013, many new taxes are set to begin. Unless Congress and the White House can agree by year's end on an extension of tax cuts that have been in place for most of the past decade, workers will see an increase in the taxes taken out of their paychecks next year and a loss in the amount they claim for deductions when it comes time to pay their 2013 taxes.

The addition of 171,000 jobs in October according to Friday's employment report is moderately good news for President Obama in the final days before the election. But the jobs picture might not be such good news for Americans, the Center for Immigration Studies reported last week.

JBS Facebook JBS Twitter JBS YouTube JBS RSS Feed