Thomas Jefferson said in 1802: "I believe that banking institutions are more dangerous to our liberties than standing armies."

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."-- Thomas Jefferson

"When in danger or in doubt, run in circles, scream and shout." .... jbd

"When once a job you have begun, do no stop till it is done. Whether the task be great or small, do it well, or not at all." .... Anon

Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein

Television is one daylong commercial interrupted periodically by inept attempts to fill the airspace in between them.

If you can't start a fire, perhaps your wood is wet ....

When you elect clowns, expect a circus ..............




Friday, April 8, 2011

Whistle-blower Gets $4.5 Million Award From IRS

by Mark Memmott
The Internal Revenue Service has awarded a Pennsylvania accountant $4.5 million because he blew the whistle on his own employer — an act that "netted the IRS $20 million in taxes and interest," The Associated Press reports.

According to the AP, "the accountant filed a complaint with the IRS in 2007, just as the IRS Whistleblower Office opened, but heard nothing for two years." So he hired a lawyer to help push the case. That lawyer, Eric Young of Blue Bell, Pa., declines to identify his client or the company he worked for.

The whistleblower felt that his company, a financial services firm, had ignored his warning that it had failed to pay some taxes.

One bit of irony: While he's been awarded $4.5 million, the check sent to the accountant by the IRS was actually for $3.24 million, AP says.

He had to pay taxes on it.

Oh, and here's a reminder: Even if the federal government shuts down tonight, the deadline for filing federal incomes tax returns this year is still April 18.