Category Archives: Cato Institute

Washington has never seen a tax that don’t like

February 14, 2012 – 12:54 am

Washington has never seen a tax that don’t like.

The Value-Added Tax Must Be Stopped – Unless We Want America to Become Greece

Posted by Daniel J. Mitchell

Sooner or later, there will be a giant battle in Washington over the value-added tax. The people who want bigger government (and the people who are willing to surrender to big government) understand that a new source of tax revenue is needed to turn the United States into a European-style social welfare state. But that’s exactly why the VAT is a terrible idea.

I explain why in a column for Reuters. The entire thing is worth reading, but here’s an excerpt of some key points.

Many Washington insiders are claiming that America needs a value-added tax (VAT) to get rid of red ink. …And President Obama says that a VAT is “something that has worked for other countries.” Every single one of these assertions is demonstrably false. …One of the many problems with a VAT is that it is a hidden levy. …VATs are imposed at each stage of the production process and thus get embedded in the price of goods. And because the VAT is hidden from consumers, politicians find they are an easy source of new revenue – which is one reason why the average VAT rate in Europe is now more than 20 percent! …Western European nations first began imposing VATs about 40 years ago, and the result has been bigger government, permanent deficits and more debt. According to the Economist Intelligence Unit, public debt is equal to 74 percent of GDP in Western Europe, compared to 64 percent of GDP in the United States (and the gap was much bigger before the Bush-Obama spending spree doubled America’s debt burden). The most important comparison is not debt, but rather the burden of government spending. …you don’t cure an alcoholic by giving him keys to a liquor store, you don’t promote fiscal responsibility by giving government a new source of revenue. …To be sure, we would have a better tax system if proponents got rid of the income tax and replaced it with a VAT. But that’s not what’s being discussed. At best, some proponents claim we could reduce other taxes in exchange for a VAT. Once again, though, the evidence from Europe shows this is a naive hope. The tax burden on personal and corporate income is much higher today than it was in the pre-VAT era. …When President Obama said the VAT is “something that has worked for other countries,” he should have specified that the tax is good for the politicians of those nations, but not for the people. The political elite got more money that they use to buy votes, and they got a new tax code, enabling them to auction off loopholes to special interest groups.

You can see some amusing — but also painfully accurate — cartoons about the VAT by clicking here, here, and here.

For further information on why the VAT is a horrible proposal, including lots of specific numbers and comparisons between the United States and Western Europe, here’s a video from the Center for Freedom and Prosperity.

Daniel J. Mitchell • February 28, 2011 @ 10:49 am

By Everette Hatcher III | Also posted in Taxes | Tagged , , , , | Comments (0)

Government spending should be less than 15% of GDP

February 13, 2012 – 12:53 am

Government spending should be less than 15% of GDP

Very interesting video.

“Rahn Curve” Video Shows Government Is Far Too Big

Posted by Daniel J. Mitchell

There is considerable academic research on the growth-maximizing level of government spending. Based on a good bit of research, I’m fairly confident that Cato’s Richard Rahn was the first to popularize this concept, so we are going to make him famous (sort of like Art Laffer) in this new video explaining that there is a spending version of the Laffer Curve and that it shows how government is far too large and that this means less prosperity.

Daniel J. Mitchell • June 29, 2010 @ 10:35 am

By Everette Hatcher III | Also posted in spending out of control | Comments (0)

An open letter to President Obama (Part 5 of State of Union Speech 1-24-12)

February 12, 2012 – 9:06 am

President Obama’s state of the union speech Jan 24, 2012

Barack Obama (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

The President’s deafening silence on health care reform – Kate Nix

The President’s health care law has been dubbed his “signature legislative accomplishment”, but he barely even mentioned the law in this evening’s address.

The President did claim that Obamacare relies on a “reformed private market, not a Government program”. This is not quite the case. Obamacare dumps millions of Americans into Medicaid, a poorly performing government health program, and creates a new federal entitlement to purchase coverage in federally-created exchanges. Its rules and regulations on insurance reduce choice, hinder competition, and will result in higher premiums for families and individuals. The law’s expansion of bureaucracy and government price controls in Medicare will limit seniors’ access to providers and reduce physician autonomy. And new penalties and taxes burden business and the growth of the economy by making it harder to grow and create new jobs.

True market-driven reform doesn’t require an expansion of government. It requires empowering patients, not bureaucrats, and creating a true marketplace with a number of options, offered by competing insurers. It means saving Medicare for future generations by giving seniors choice, and transforming Medicaid to better meet need in each state. And it means enacting rational, targeted insurance market reforms that won’t increase premiums or drive insurers out of business.

The impact of Obamacare will be felt by every American. The fact that the President failed to take ownership of his health law and its consequences tonight builds the case for its full repeal and moving in a different direction in health care reform.


_________________________

I know that you do not agree with the description that the government is taking over the healthcare system but it seems to me that is going to happen. Just look at your recent decision that makes Catholic Hospitals distribute the abortion pill against their wishes.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

By Everette Hatcher III | Also posted in President Obama | Comments (0)

An open letter to President Obama (Part 4 of State of Union Speech 1-24-12)

February 11, 2012 – 9:05 am

President Obama’s state of the union speech Jan 24, 2012

Barack Obama (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

Once Again Mr. President, Warren Buffett Doesn’t Pay a Lower Tax Rate than His Secretary – Curtis Dubay

As expected, especially her sitting in the audience, President Obama trotted out again the well-worn trope that Warren Buffett pays a lower tax rate that his secretary. The President did so to defend his new version of the“Buffett Rule” proposal that no millionaire pay less than 30 percent of their income in taxes.

The President can claim success on this one even before he ends his speech tonight because the Buffett Rule is already soundly in place. According to the CBO, the top 1% of income earners pay 30 percent of their income in all federal taxes.

The whole idea of the Buffett Rule is based on a fallacy. One that Warren Buffett himself should know better than to propagate.  It originated because Warren Buffett claims he pays a much lower tax rate than his secretary. But he earns his income through capital gains from stock he owns in businesses. He pays a 15 percent rate on those gains when he realizes them. But before he enjoys those gains, the businesses that generate them pay the highest-in-the-world 35 percent corporate income tax rate. In reality, Buffett pays 50 percent on the income he earns- far above the rate his secretary pays.

It is unclear exactly how the Buffett Rule would be implemented if it became law. One way could be to raise the tax rate on capital gains to the middle-income rate of 28 percent, or as high as the top income tax rate – 35 percent now and scheduled to rise to 39.6 percent next year. This would be highly damaging to the economy because it would drastically raise the cost of capital causing businesses to buy less. Less capital means fewer jobs and lower wages for American workers of at all income levels.

A policy that is supposed to help the middle class would end up hurting them. Such is the way when Washington plays soak the rich with the tax code. A better approach would be to reform the tax code so it is simpler, fairer, more transparent, and pro-growth along the lines of the Heritage Foundation’s New Flat Tax.

______________

I really wish you would look at the benefits of the flax tax.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

By Everette Hatcher III | Also posted in President Obama | Comments (0)

Got to cut spending

February 10, 2012 – 12:52 am

Spending has always been the problem.

The Problem Is Spending, not Deficits

Posted by Daniel J. Mitchell

Reckless spending increases under both Bush and Obama have resulted in unprecedented deficits. Congress will soon be forced to increase the nation’s debt limit by an astounding $1.8 trillion. Government borrowing has become such a big issue that some politicians are proposing a deficit reduction commission, which may mean they are like alcoholics trying for a self-imposed intervention.

But all this fretting about deficits and debt is misplaced. Government borrowing is a bad thing, of course, but this video explains that the real problem is excessive government spending.

Fixating on the deficit allows politicians to pull a bait and switch, since they can raise taxes, claim they are solving the problem, when all they are doing is replacing debt-financed spending with tax-financed spending. At best, that’s merely taking a different route to the wrong destination. The more likely result is that the tax increases will weaken the economy, further exacerbating America’s fiscal position.

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An open letter to President Obama (Part 3 of State of Union Speech 1-24-12)

February 9, 2012 – 8:46 am

Sen. Paul Delivers State of the Union Response – Jan. 24, 2012

Uploaded by on Jan 24, 2012

Sen. Rand Paul delivered the following Republican response to President Barack Obama’s State of the Union Address this evening

President Obama’s state of the union speech Jan 24, 2012

Barack Obama (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

Cordray On the Job? Not So Fast, Mr. President – Todd Gaziano

Obama:  “Today, American consumers finally have a watchdog in Richard Cordray with one job: To look out for them.”

But Cordray is not legitimately on the job, because he was never legally appointed.  What’s more, the President should not to play games with the appointment if the position is so important to fill.  The President’s purported appointment of Cordray to the Consumer Financial Protection Bureau and three others to the National Labor Relations Board (NLRB) when the Senate was in periodic pro forma sessions cannot be justified by any supposed emergency or any other legal argument.  (The nominations to the NLRB had only been submitted to the Senate in late December and had not even filled out their Senate confirmation questionnaires.)

The attempted, unilateral appointments were unconstitutional regardless of the President’s rationale because the Senate had not adjourned its session and had not confirmed the nominees.  And the administration’s post-hoc attempt at a legal justification by the Department of Justice’s Office of Legal Counsel is not only sweeping in its claim of tyrannical power, but it is an embarrassment to the Attorney General and Department’s lawyers who normally issue such advice.  In sum, the “I can’t wait” line would not work for a third-grader trying to justify his serial rule breaking.  It certainly is not a constitutional pass for a President who pledges to support and defend the Constitution.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

[youtube=http://www.youtube.com/watch?v=r6hwnApaoDM

By Everette Hatcher III | Also posted in President Obama | Comments (0)

Cato Institute gives Bill Clinton credit

February 9, 2012 – 12:51 am

Cato Institute gives Bill Clinton credit

Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton

Uploaded by on Feb 14, 2011

Ronald Reagan and Bill Clinton both reduced the relative burden of government, largely because they were able to restrain the growth of domestic spending. The mini-documentary from the Center for Freedom and Prosperity uses data from the Historical Tables of the Budget to show how Reagan and Clinton succeeded and compares their record to the fiscal profligacy of the Bush-Obama years.

_____________________________

Over the years the liberals keep on calling for more spending but our solution is to restrain government growth. The funny thing is that BILL CLINTON BALANCED THE BUDGET BY RESTRAINING SPENDING BUT NOW DEMOCRATS ACT LIKE THEY HAVE FORGOTTEN THE RECIPE FOR SUCCESS.

Real-World Cases Prove: Spending Restraint Works

by Daniel J. Mitchell

Daniel Mitchell is a senior fellow at the Cato Institute in Washington, D.C.

Added to cato.org on March 4, 2011

This article appeared in Investor’s Business Daily on March 4, 2011.

Good fiscal policy doesn’t require miracles — or dramatic showdowns. All politicians have to do is limit the growth of the public sector. Combined with normal revenue growth, this approach eliminates red ink very quickly.

This is what happened in the U.S. during the Clinton-Gingrich years. Between 1994 and 1999, total government spending increased by an average of just 3% annually. The budget deficit, which was projected in early 1995 (18 months after the 1993 tax increase!) to remain above $200 billion for the rest of the century, quickly became a budget surplus once spending was restrained.

Fiscal discipline also works when it is tried in other nations. Data from the Economist Intelligence Unit reveal that four nations — Canada, Ireland, Slovakia and New Zealand — dramatically reduced budget deficits in recent decades by imposing strict limits on government spending.

Daniel Mitchell is a senior fellow at the Cato Institute in Washington, D.C.

More by Daniel J. Mitchell

Interestingly, these data also reveal that the tax burden was stable or falling during these periods of fiscal progress.

Canada, for instance, was in deep fiscal trouble. The burden of government spending had climbed above 53% of gross domestic product in 1992 and the deficit was more than 9% of economic output. Then lawmakers embarked on a new course. Government was put on a diet, and between 1992 and 1997 Canada’s budget rose from $374 billion Canadian to $391 billion, an average annual increase of less than 1%.

This period of frugality paid big dividends. The burden of government spending dropped to 44% of GDP. The budget deficit, meanwhile, completely disappeared. After five years of fiscal discipline, record levels of red ink were transformed into a small budget surplus.

Ireland was in a tailspin by the mid-1980s. The burden of government spending had skyrocketed to more than 60% of GDP and the nation’s deficit was consuming more than 12% of economic output. To avoid a crisis, Irish policy froze the budget. The Irish budget was 14.7 billion euros in 1985, and it was only 14.7 billion euros in 1989.

This four-year spending freeze was enormously successful. The burden of government spending plunged to less than 43% of GDP. The budget deficit also fell dramatically, consuming just 2.7% of economic output at the end of this period.

Slovakia, like many other nations that emerged from the collapse of the Soviet empire, was saddled with a large public sector. To solve the problem, policymakers restrained government. From 2000-03, the Slovakian budget grew from 11.5 billion euros to 11.8 billion euros, an average increase of 1.3%.

This modest period of fiscal discipline had a big impact. The burden of the public sector dropped from 36.9% of GDP down to 29.2% of economic output. During this time, the deficit fell from 8.7% of GDP to 2.0%. Combined with pro-growth policies such as the flat tax and personal retirement accounts, the nation has enjoyed robust growth.

Last but not least, let’s look at New Zealand. The burden of the public sector by the end of the 1980s had climbed to more than one-half of economic output. The Kiwis staged a turnaround by putting a clamp on public-sector spending. Between 1990 and 1995, the New Zealand Budget actually dropped from $39.3 billion New Zealand to $38.8 billion.

This five-year spending freeze put the nation in a much stronger position. The burden of government spending plummeted by more than 10 percentage points of GDP in New Zealand, dropping from 53.5% of economic output down to 43.1%. And a deficit of 4.5% of GDP was transformed during those five years to a surplus of 2.8% of GDP.

This pattern should not be a surprise. Restraining government spending generates good results because the private sector grows faster than the public sector.

Many self-proclaimed deficit hawks in Washington argue that deficit reduction is impossible without substantial tax increases. But American policymakers implemented a big tax cut, in 1997, during the period when the deficit became a surplus.

In other nations, the tax burden actually dropped by significant amounts during the relevant periods — falling by 8.1 percentage points of GDP in Ireland, 1.1 percentage points of GDP in Slovakia, and 3.1 percentage points of GDP in New Zealand. The overall tax burden did rise in Canada, but only by 0.3 percentage point of GDP.

The moral of the story is that limiting the growth of government spending is the right recipe. If the politicians in Washington replicated the spending discipline of these other nations, we would enjoy similar results.

Two percent annual spending increases would lead to fiscal balance by 2021. Limiting spending growth to 1% annually would balance the budget by 2019. A spending freeze would balance the budget by 2017.

Spending Restraint, Part II: Lessons from Canada, Ireland, Slovakia, and New Zealand

Uploaded by on Feb 22, 2011

Nations can make remarkable fiscal progress if policy makers simply limit the growth of government spending. This video, which is Part II of a series, uses examples from recent history in Canada, Ireland, Slovakia, and New Zealand to demonstrate how it is possible to achieve rapid improvements in fiscal policy by restraining the burden of government spending. Part I of the series examined how Ronald Reagan and Bill Clinton were successful in controlling government outlays — particularly the burden of domestic spending programs. http://www.freedomandprosperity.org

By Everette Hatcher III | Also posted in Bill Clinton, spending out of control | Comments (0)

An open letter to President Obama (Part 2 of State of Union Speech 1-24-12)

February 8, 2012 – 2:24 pm

President Obama’s state of the union speech Jan 24, 2012

Barack Obama (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Feb 8, 2012

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

Immigration Nowhere – James Carafano

No one expected real progress from Washington in dealing with our broken borders and deeply flawed immigration system during an election year. Tonight, Obama did not disappoint. “The opponents of action are out of excuses.  We should be working on comprehensive immigration reform right now.”  In Washington-speak, “comprehensive reform” is just another way of saying “amnesty.” Washington tried the amnesty approach in 1986. At the time there were about 3 million living unlawfully in the United States. After granting amnesty, the number grew to three to four times that.  The lesson learned was that amnesties just encourage more illegal immigration. That’s why the American people and Congress rejected amnesty when the Bush administration proposed it—and the Congress even refused to take the proposal up for a vote when Obama pushed for it—and his party controlled both houses of Congress.

Fixing the problems requires real solutions—working with Mexico to address that country’s challenges in security, economic freedom, and civil society; creating effective temporary worker programs that get employers the employees they need when they them to grow their businesses and grow jobs; common sense border security; enforcing immigration and workplace enforcement laws; and fixing the flaws in our legitimate immigration programs. None of these solutions require amnesty first. In throwing out bumper stickers rather than offering a real vision for keeping America a vibrant nation of immigrants that respects both our laws and our sovereignty—the president proved than when he bemoaned that election year politics are killing reform he is the worst offender.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

By Everette Hatcher III | Also posted in President Obama | Comments (0)

Flat tax is all the over world but USA still has complicated tax code

February 8, 2012 – 12:49 am

It is amazing to me that Reagan put in only 3 levels of taxation before he left office but now we have made it complicated again. Take a look at this video from the Cato Institute.

Uploaded by on Apr 13, 2009

This video was produced by Caleb Brown ( http://www.twitter.com/cobrown ) and Austin Bragg ( http://www.twitter.com/habragg ).
The U.S. tax code gets more complex every year. It violates civil liberties and, left unchanged, will leave the United States at a powerful competitive disadvantage in years to come. Chris Edwards, Director of Tax Policy Studies, Senior Fellow Daniel J. Mitchell and Director of Information Policy Studies Jim Harper dissect the troubling aspects of our tax system.

By Everette Hatcher III | Also posted in Taxes | Comments (0)

An open letter to President Obama (Part 1 of State of Union Speech 1-24-12)

February 6, 2012 – 7:47 am

President Obama’s state of the union speech Jan 24, 2012

Barack Obama (Photo by Saul Loeb-Pool/Getty Images)

Feb 6, 2012

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

Obama’s Unwelcome Mat

by Mark A. Calabria

This article appeared in The New York Daily News on January 26, 2012.

In his State of the Union address, President Obama let us know that he will be “sending this Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low interest rates.”

What he failed to tell us is that such a push would do nothing to turn around either the housing market or the broader economy. In fact, by continuing his trend of confusing redistribution of wealth with its creation, the effort will likely hurt both the economy and the housing market.

Let’s start with the impact on the economy at large. The logic is that when you lower mortgage rates for thousands of families, reducing their monthly payments, you thereby increase disposable income and spending. That spending then increases demand and helps turn around the economy.

In other words, it’s a no-cost stimulus.

Continued efforts to delay foreclosures only prolong the inevitable adjustment of the housing market.

The error in this logic is that it looks only at one side of the balance sheet. A mortgage is one person’s liability, but it is also another’s asset. Lowering rates may cut monthly payments, but it also drives down payments on mortgages and mortgage-backed securities. Since you will have made mortgage investors poorer, they will, by the same logic, reduce their spending, lowering demand.

At best, the impact on spending will be zero. But then, that’s what you get when you redistribute income.

The President wants you to believe that even if he is taking from citizen A and giving to citizen B, the latter is more deserving. But for government-owned or guaranteed mortgages, about half of those outstanding, the taxpayer is the one taking the hit. Because homeowners are wealthier than taxpayers in general, the President’s proposed redistribution is regressive.

For the remainder, the investor is often a pension or mutual fund. Why retirees should pay to benefit younger homeowners is far from clear.

The President implies his plan is free because it will be paid for by a tax on the largest banks. But again, nothing is free; for every economic action, there’s an equal and opposite reaction. The tax would reduce bank equity, thereby reducing new lending. In effect, it would punish potential borrowers by reducing the availability of credit while also increasing its costs, simply to benefit existing borrowers.

Not to mention: The rewriting of existing contracts will reduce the willingness of lenders to provide new mortgages, exactly at a time when we desperately need private capital flowing into the mortgage market.

A mass refinancing is also sold as a cure for the weak housing market. Those looking to refinance, however, are not in the market to either buy or sell a home. In fact, by lowering their mortgage rates, you will reduce their offering price next time they look to trade up, because if the buyer faces higher rates in the future, prices will be depressed to compensate for giving up their current low-rate mortgage.

In other words, this could reduce future home prices.

The fundamental problem facing our housing market is a glut of homes, coupled with weak demand. The President’s plan does not change these facts. In fact, by reducing the supply of new capital for mortgages, we run the risk of reducing the demand for housing, leading to further price declines.

Mark A. Calabria is director of financial regulation studies at the Cato Institute.

 

More by Mark A. Calabria

It is time for Washington to understand: Underwater borrowers are not victims. They borrowed money at a particular rate and are paying back at that rate. They knew going in that to refinance, they’d need equity. If said borrowers wanted to take advantage of interest rate declines, they could have gotten an adjustable-rate mortgage. Instead, those borrowers chose the certainty of a fixed rate.

They have what they selected. That’s something that cannot be said for the taxpayers who continue to pay for Washington’s meddling in the mortgage market.

Finally, the President also promises a new financial fraud unit to investigate lenders. Appointing New York State Attorney General Eric Schneiderman to head it may be enough to earn his support for a settlement with the banks, but it will do little to help the housing market. In fact, by increasing litigation risk for lenders, the move is likely to further reduce the supply of mortgage credit.

Continued efforts to delay foreclosures only prolong the inevitable adjustment of the housing market. If lenders have committed crimes, then they should be prosecuted in open court, not subject to back-room shakedowns.

If we wish to turn around our housing market and broader economy, we must stop taking from Peter to pay Paul and disguising it as public policy.

___________

The main points of the article above from the Cato Institute is nothing is free and you always have to look at both sides of the balance sheet.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

By Everette Hatcher III | Also posted in President Obama | Comments (0)