Thursday, December 13, 2012
Saturday, December 08, 2012
Saturday, December 01, 2012
Monday, November 19, 2012
Tuesday, November 13, 2012
Monday, November 12, 2012
Friday, November 09, 2012
Yes, Obama began his presidency with bailouts, stimulus, and borrowing. You know who started the bailouts? George W. Bush. Bush knew that under these exceptionally dire circumstances, bailouts had to be done. Stimulus had to be done, too, since the economy had frozen up. A third of the stimulus was tax cuts. Once the economy began to revive, Obama offered a $4-trillion debt reduction framework that would have cut $3 to $6 of spending for every $1 in tax hikes. That’s a higher ratio of cuts to hikes than Republican voters, in a Gallup poll, said they preferred. It’s way more conservative than the ratio George H. W. Bush accepted in 1990. In last year’s debt-ceiling talks, Obama offered cuts to Social Security, Medicare, and Medicaid in exchange for revenue that didn’t even come from higher tax rates. Now he’s proposing to lower corporate tax rates, and Republicans are whining that he hacked $716 billion out of Medicare. Some socialist.
Wednesday, November 07, 2012
Monday, November 05, 2012
Nice flash fiction story: “Is this the gun you’re going to use?” “Yes but I won’t be doing it, I’m hiring someone” “You could always hire me to do it.” He laughed, “Who would hire a female hitman?” “Well,” she said, sighting along the gun barrel, “Your wife for one.” http://theneumanpost.com/flash-fiction-fridays-volume-lv/
Sunday, November 04, 2012
Saturday, November 03, 2012
Friday, November 02, 2012
Thursday, November 01, 2012
"The truth? You can't handle the truth! We can't profit from the truth!" -- signed, Republican Party Here's part of the report they forced to be hidden: "The results of the analysis suggest that changes over the past 65 years in the top marginal tax rate and the top capital gains tax rate do not appear correlated with economic growth. The reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. As measured by IRS data, the share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. At the same time, the average tax rate paid by the top 0.1% fell from over 50% in 1945 to about 25% in 2009. Tax policy could have a relation to how the economic pie is sliced—lower top tax rates may be associated with greater income disparities."
Daily Kos: THE TRUTH: Romney Lied. He did not "work with" MA Democrats - he tried eliminate them all
Wednesday, October 31, 2012
Tuesday, October 30, 2012
Meanwhile Romney and Ryan want to get rid of FEMA. -- How is the choice not clear?
Bloomberg News confirmed through using a Freedom of Information Act request that Mitt Romney set up a charitable remainder unitrust (CRUT) in June 1996 just before Congress cracked down on the loophole in 1997. While Republicans have extolled Romney for his charitable donations, most of them are contributions to the Mormon Church, and according to this, the church will likely receive even less than the primary donation, while he is benefiting. While Romney’s tax avoidance is legal, it’s still questionable since he has refused to release his tax returns. "In this instance, Romney used the tax-exempt status of a charity — the Mormon Church, according to a 2007 filing — to defer taxes for more than 15 years,” Bloomberg’s Jesse Drucker explained. “At the same time he is benefitting, the trust will probably leave the church with less than what current law requires.” The rules don't apply to Mittens, do they? Is this the president the country needs?
Monday, October 29, 2012
the iBulb hits Apple stores tomorrow. What a steal, 3 light bulbs for $200.
Romney Character: Even his charitable fund is set up in a way that he benefits more than the charity. He gets a fixed, tax-deferred dividend and the scraps are passed down to the charity when he dies. "The current investing strategy favors the Romneys over the charity because they get a guaranteed payout, said Michael Arlein, a trusts and estates lawyer at Patterson Belknap Webb & Tyler LLP. “The Romneys get theirs off the top and the charity gets what’s left,” he said. “So by definition, if it’s not performing as well, the charity gets harmed more. [...] what’s going to go to charity is probably close to nothing”
I played the video and thought I'd heard "I'm Mitt Romney, and I approve this LIE"
As the East Coast braces for a massive storm, Mitt Romney and Paul Ryan are trying to cover up the fact that if elected they intend to cut funding for both FEMA and disaster relief. Here is something to think about while we watch Hurricane Sandy morph into a perfect storm, what if there was no federal disaster relief? What if states were left to fend for themselves? These questions may sound absurd right now, but they won’t be if Mitt Romney and Paul Ryan are elected next Tuesday. In June 2011, Romney went on the record as opposing federal disaster relief, “Every time you have an occasion to take something from the federal government and send it back to the states, that’s the right direction. And if you can go even further and send it back to the private sector, that’s even better. [...] We cannot — we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we’ll all be dead and gone before it’s paid off. It makes no sense at all.” Romney also wants to privatize the Federal Emergency Management Agency.
Sunday, October 28, 2012
Friday, October 26, 2012
Thursday, October 25, 2012
MUCH OF THE 2012 presidential campaign has dwelt on the past, but the key questions are who could better lead the country during the next four years — and, most urgently, who is likelier to put the government on a sounder financial footing. That second question will come rushing at the winner as soon as the votes are tallied. Absent any action, a series of tax hikes and spending cuts will take effect Jan. 1 that might well knock the country back into recession. This will be a moment of peril but also of opportunity. How the president-elect navigates it will go a long way toward determining the success of his presidency and the health of the nation. President Barack Obama is better positioned to be that navigator than is his Republican challenger
"If conservatism were winning, does anyone doubt that Romney would be running as a conservative? Yet unlike Ronald Reagan and Barry Goldwater, Romney is offering an echo, not a choice. His strategy at the end is to try to sneak into the White House on a chorus of me-too’s. The right is going along because its partisans know Romney has no other option. This, too, is an acknowledgment of defeat, a recognition that the grand ideological experiment heralded by the rise of the tea party has gained no traction. It also means that conservatives don’t believe that Romney really believes the moderate mush he’s putting forward now. Not to put too fine a point on it, but if the conservatives are forgiving Romney because they think he is lying, what should the rest of us think?"
Wednesday, October 24, 2012
Tuesday, October 23, 2012
Breakthrough in helmet technology? "So what is this stuff? It's called CRT (Concussion Reduction Technology,) and it is a sort of sandwich of military-grade kevlar and a foam which disperses energy. The sports applications are quite recent. Michael Vick wore a vest, adapted from the military style bullet-proof vests, so he could play a week after breaking his ribs."