The Current Events, News, and Politics Thread
07-30-2012, 05:33 PM
#2542
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Last edited by Scrappy Jack; 07-31-2012 at 09:06 AM. Reason: Corrected spelling of Sowell's last name after copying a typo from Braineack
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07-31-2012, 11:35 AM
#2545
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Fun fact: Sorwell Sowell and Krauthammer share something with a lot of mainstream academics and pundits: both received their original economic academic credentials prior to the closing of the gold window and neither has ever worked a single day in banking (so far as I can tell).
anyways, give a dog billions of dollars and he will spend it wisely:
GM signs Man United deal day after marketing executive exit | Reuters
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07-31-2012, 12:06 PM
#2547
Not many people know that Krauthammer is a paraplegic from a diving accident during his first year of medical school, still managed to graduate on time, won a Pulitzer, and even was a speech writer for Walter Mondale. I'd like to think that he was a subversive conservative plant. 
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08-01-2012, 01:25 AM
#2551
Romney's so squeaky clean its scary. He's not made of teflon like Ronald Reagan, but it's sort of humorous how they've tried to pin all the Bain outsourcing on him, at a time when he wasn't actively involved in the business. One of Obama's bundlers did all the outsourcing as it turns out.
I'm just wondering what the "October surprise" will be? He owns a tie dye shirt? He swore once? Or maybe it will have to do with money. Money bad. Success like his had to come illegally, right? Any bets?
I'm just wondering what the "October surprise" will be? He owns a tie dye shirt? He swore once? Or maybe it will have to do with money. Money bad. Success like his had to come illegally, right? Any bets?
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08-01-2012, 09:59 AM
#2553
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oh how cute, we reached an agreement in another stop-gap measure.
way to go congress! now that's 6 more months of the same levle of spending that obama can claim as his own doing so you think he's fiscally conservative when you plot it out in a pretty graph.
too bad the post office cant even make enough profit to be able to pay for future retiree health benefits.
way to go congress! now that's 6 more months of the same levle of spending that obama can claim as his own doing so you think he's fiscally conservative when you plot it out in a pretty graph.
too bad the post office cant even make enough profit to be able to pay for future retiree health benefits.
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08-01-2012, 12:07 PM
#2554
Study: Romney tax plan would shift burden to poor - Aug. 1, 2012
Romney tax plan helps rich most: tax group | Reuters
Mitt Romney’s tax plan would offer big cuts to millionaires, raise taxes on middle class, Brookings analysts say - Political Intelligence - A national political and campaign blog from The Boston Globe - Boston.com
So, according to Brainy, there's welfare for the poor and middle class with Obama - or welfare for the rich with Romney. Hmm.
Romney tax plan helps rich most: tax group | Reuters
Mitt Romney’s tax plan would offer big cuts to millionaires, raise taxes on middle class, Brookings analysts say - Political Intelligence - A national political and campaign blog from The Boston Globe - Boston.com
So, according to Brainy, there's welfare for the poor and middle class with Obama - or welfare for the rich with Romney. Hmm.
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08-01-2012, 12:09 PM
#2555
Pink Slips
Inhofe: Obama Administration 'Doesn't Want All These Pink Slips Going Out 5 Days Before Election' | CNSNews.com
I was wrong. Obama is going to give himself an "October Surprise."
I was wrong. Obama is going to give himself an "October Surprise."
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08-01-2012, 01:27 PM
#2557
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Well, right now the rich are getting poorer and the poor are getting richer. we cannot continue this trend!!!
Of course tax cuts benefit the rich more, they pay a substainsal amount more of taxes than the rest.
and we dont pass budgets anymore, just stop-gaps, so what does it matter what HIS plan is?
I also want to point out the "burden": The end result is that individuals who make less than $200,000 would actually have to pay $500 more, on average, in taxes -- a 1.2% decrease in after-tax income, the study found.
:shock:
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08-01-2012, 02:25 PM
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In fairness, that should be "Congress is going to give Obama an 'October Surprise" as they are the ones responsible for coming to (or not coming to) budgetary agreements.
A President submits a budget, but Congress then tweaks it and sends it back - to be signed in to law or vetoed and sent back to Congress.
Because Congress has not come up with any workable solutions to meet their targets, the automatic cuts and tax increases that Congress put in to place may go in to effect. The great thing about these tax increases and spending cuts is that the individual politicians can use them as political tools to beat each other up with in an effort to continue getting elected.*
"The President is displaying a lack of leadership by not agreeing to everything we want! Your military base is going to be wiped out!"
"The Republicans are not agreeing to everything we want! Taxes on the middle class are going up and Paul Ryan is going to push your wheel-chair bound grandmother over a cliff!"
*While pretty much ignoring the fact that they are going to hurt the meager US economic recovery (not to mention the human beings that comprise the US citizenry).
A President submits a budget, but Congress then tweaks it and sends it back - to be signed in to law or vetoed and sent back to Congress.
Because Congress has not come up with any workable solutions to meet their targets, the automatic cuts and tax increases that Congress put in to place may go in to effect. The great thing about these tax increases and spending cuts is that the individual politicians can use them as political tools to beat each other up with in an effort to continue getting elected.*
"The President is displaying a lack of leadership by not agreeing to everything we want! Your military base is going to be wiped out!"
"The Republicans are not agreeing to everything we want! Taxes on the middle class are going up and Paul Ryan is going to push your wheel-chair bound grandmother over a cliff!"
*While pretty much ignoring the fact that they are going to hurt the meager US economic recovery (not to mention the human beings that comprise the US citizenry).
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