Saturday, August 20, 2011
Weekend Newsbites: Sat. & Sun., August 20 & 21, 2011
Hey, Mike D.; Joey Baby; Jared; Carl; Rob D.; and ODM...
Before you hit either of the links call your spouse on over! (If your spouse ain't home - wait till she... or he in ODM's case - is!)
OK... are you with the one you love...? (They've gotta be in the same room with you! You'll know what to do when the video starts!)
* ODM - for you... THIS link!
** Boys... for you guys... THIS link!
Subscribe to:
Post Comments (Atom)
11 comments:
http://www.washingtonpost.com/blogs/ezra-klein/post/getting-ready-for-a-wave-of-coal-plant-shutdowns/2011/08/19/gIQAzkZ0PJ_blog.html
Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash - it’s all getting regulated.
* JEEZUS FRIGG'N CHRIST! I'M LITERALLY 45-MINUTES FROM THE GEORGE WASHINGTON BRIDGE (OR NEWARK FRIGG'N NJ FOR THAT MATTER!) AND MY AIR IS JUST FRIGG'N FINE THANK YOU VERY FRIGG'N MUCH!
[G]roups such the Edison Electric Institute, which represents investor-owned utilities, and the American Legislative Exchange Council have dubbed the coming rules “EPA’s Regulatory Train Wreck.” The regulations, they say, will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity.
* "RETIRE." AS IN "TAKE OUT OF SERVICE!"
Given that coal provides 45% of the country’s power, that means higher electric bills, more blackouts and fewer jobs.
(*GRITTING MY TEETH*)
Environmental groups retort that the rules will bring sizeable public health benefits, and that industry groups have been exaggerating the costs of environmental regulations since they were first created.
* AGAIN, FOLKS... MY ENVIRONMENT IS JUST FRIGG'N FINE - THANK YOU VERY FRIGG'N MUCH! ENOUGH IS ENOUGH AND TOO MUCH IS TOO MUCH! THERE HAS TO BE A COST-BENEFIT ACCOUNTING! IF STANDARDS ARE ONLY BEING MOVED FROM SAY "97.7% CLEAN" TO "97.9%" CLEAN THESE NEW REGULATIONS AREN'T WARRANTED!
* AND, YEAH... NO DOUBT INDUSTRY GROUPS ARE EXAGGERATING THE PROJECTED COSTS OF THE NEW REGULATIONS, BUT CONSIDER... LET'S SAY THEY'RE OVER-ESTIMATING BY HALF... IN THAT CASE WE'RE STILL TALKING APPROXIMATELY $65 BILLION!
So, who’s right?
* WELL... FROM READING THE REST OF THE ARTICLE IT'S CLEAR THAT THE WASHINGTON POST - NO BIG SURPRISE, RIGHT - GIVES THE EPA AND THE OBAMA ADMINISTRATION THE BENEFIT OF THE DOUBT.
This month, the nonpartisan Congressional Research Service, which conducts policy research for members of Congress, has been circulating a paper that tries to calmly sort through the shouting match. (See: http://www.lawandenvironment.com/uploads/file/CRS-EPA.pdf)
And the upshot is that CRS is awfully skeptical of the “train wreck” predictions.
* FOLKS... AT THIS POINT I URGE YOU TO USE THE LINK TO THIS ARTICLE AND READ THE FULL ARTICLE FOR YOURSELVES. AND... OF COURSE... IT COULDN'T HURT TO BROWSE THE CRS REPORT - WHICH I PLAN TO DO.
* HERE'S THE KICKER, THOUGH, FOR THOSE OF YOU WHO EXPECT MY NEWSBITES TO ILLUMINATE THE BOTTOM LINE:
The CRS report doesn’t try to independently evaluate the costs of the new rules...
* REPEAT...
The CRS report doesn’t try to independently evaluate the costs of the new rules...
(*SNORT*) (*SMIRK*)
* FOLKS... (*SHRUG*)
* FUNNY HOW IT TOOK THE AUTHOR TILL PARAGRAPH 7 OF A 9 PARAGRAPH PIECE TO GET TO THAT... er... "LITTLE DETAIL."
http://www.reuters.com/article/2011/08/20/us-mexico-bodies-idUSTRE77J2EP20110820
Authorities in Mexico found the decapitated bodies of four men and a woman in Acapulco on Saturday, the latest in a string of slayings in the popular Pacific resort this week.
* ACAPULCO IS A BEAUTIFUL PLACE... BUT I WOULDN'T GO THERE TODAY. I WOULDN'T GO ANYWHERE IN MEXICO. I'VE DONE PLENTY OF NEWSBITES ON THIS TOPIC, BUT THE BOTTOM LINE MESSAGE BEARS REPEATING: WE NEED TO PROTECT OUR BORDERS BECAUSE AS THE SITUATION FURTHER DETERIORATES IN MEXICO ITSELF THIS WILL INEVITABLY LEAD TO NOT JUST POOR DESPARATE MEXICAN PEASANTS COMING ACROSS THE BORDER SEARCHING FOR A NEW HOME, BUT MORE AND MORE CARTEL "SAFE HOUSES" AND SUCH WILL BE ESTABLISHED ON OUR SIDE OF THE BORDER.
Robberies and assaults have also plagued the port city, prompting local gas station attendants to stage a temporary walkout on Friday to protest the lack of security.
[Acapulco's] Daily Excelsior described the past few days as a "black week" for Acapulco, noting at least 25 people had been killed before Saturday's events.
(*SIGH*)
About 42,000 people have died in drug-related killings in Mexico since President Felipe Calderon went to war on the cartels shortly after taking office at the end of 2006.
Violence was long concentrated in northern Mexico, but cities farther south, including Acapulco [and Cancun], have increasingly been swept up in the lawlessness.
http://www.kfyi.com/pages/broomhead.html
Facebook said Friday it mistakenly removed a post in which Arizona Gov. Jan Brewer criticized a controversial policy decision by President Barack Obama's administration to limit deportations of illegal immigrants.
* YEAH... "MISTAKENLY."
Noyes did not provide further details, including whether the removal of the post on Thursday resulted from complaints received from other Facebook users.
* HEY, FOLKS... LET'S SAY IT WAS MY POST OR YOUR POST... DOES ANYONE BELIEVE FACEBOOK WOULD BE APOLOGIZING AND PUTTING THE POST BACK RATHER THAN IGNORING US OR ANY REGULAR CITIZEN?
President Obama's administration said Thursday it would allow many illegal immigrants facing deportation the chance to stay in the United States and apply for a work permit.
* IN OTHER WORDS... AMNESTY. (*SHRUG*) AN EXECUTIVE "PARDON" WITHOUT THE ACTUAL INDIVIDUAL PARDON AS REQUIRED BY THE CONSTITUTION. FOLKS... WE'RE LOSING OUR COUNTRY. OBAMA HAS NO RESPECT WHATSOEVER FOR THE RULE OF LAW.
Gov. Brewer reposted the item Friday, saying the original post was ``censored'' by Facebook. Both versions included a statement in which she criticized the Obama policy decision and the illustration, a color drawing of Brewer in a Rosie the Riveter pose. Brewer used the drawing in her 2010 election campaign. Its headline of ``doing the job the feds won't do'' refers to Brewer's clashes with Obama's administration on immigration and border issues.
(*NOD*)
"I think many of you will agree with me - Obama's backdoor amnesty plan violates American standards of following the rule of law and the U.S. Constitution,'' Brewer's latest post said.
* AND SHE'S ABSOLUTELY CORRECT...!!!
http://www.reuters.com/article/2011/08/19/gm-impala-lawsuit-idUSN1E77I0Z820110819
General Motors is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
(*SNORT*)
* "BANKRUPTCY?" I DON'T REMEMBER ANYTHING THAT MEETS THE LEGAL STANDARD OF A BANKRUPTCY CONNECTED TO GM. WHAT I DO REMEMBER IS A HUGE GOVERNMENT BAILOUT INCLUDING SEVERAL YEARS' FORGIVENESS OF TAXES!
The lawsuit, filed on June 29 by Donna Trusky of Blakely, Pennsylvania, contended that her Impala suffered from faulty rear spindle rods, causing her rear tires to wear out after just 6,000 miles. Seeking class-action status and alleging breach of warranty, the lawsuit demands that GM fix the rods, saying that it had done so on Impala police vehicles.
* ONE STANDARD FOR THE GOVERNMENT... A LESSER STANDARD FOR THE PEOPLE; YEP... SOUNDS LIKE OBAMA.
* READ THE FULL ARTICLE - FASCINATING! SOUNDS LIKE THE "NEW" GM IS GONNA WIN THIS ONE!
* OH... FLASHBACK: http://www.autoweek.com/article/20090330/CARNEWS/903309977
In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday.
"Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech. "Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty."
* YEP! AS REPORTED ON FEB. 30, 2009.
http://www.nytimes.com/2011/08/20/health/policy/20drug.html?_r=1&hp
* FOLKS... WE'VE DISCUSSED THIS BEFORE. FOR GOD'S SAKE, UNDERSTAND... THIS MAY WELL EFFECT YOU OR A LOVED ONE WHEN YOU OR THAT LOVED ONE IS MOST VULNERABLE!
Federal officials and lawmakers, along with the drug industry and doctors’ groups, are rushing to find remedies for critical shortages of drugs to treat a number of life-threatening illnesses, including bacterial infection and several forms of cancer.
* "FEDERAL OFFICIALS AND LAWMAKERS..." JEEZUS, FOLKS... THESE ARE THE SAME FOLKS WHO ARE CAUSING ALL OUR PROBLEMS!
The proposed solutions, which include a national stockpile of cancer medicines...
* SINCE MEDICINES EXPIRE ANY SUCH PROGRAM WOULD COME ATTACHED TO EVER-INCREASING FINANCIAL OUTLAYS SO AS TO KEEP STOCKS FRESH. (TALK ABOUT WASTE!)
...and a nonprofit company that will import drugs...
* IS THIS IDIOCY PART OF THE OBAMA JOBS PROGRAM? YOU KNOW... JOBS FOR FOREIGNERS SUBSIDIZED BY AMERICAN TAXPAYERS?!
...and eventually make them...
* JEEZUS! IT'S NOT COUNTERPRODUCTIVE ENOUGH THAT THE DRUG MAKERS WHO ACTUALLY COME UP WITH THE NEW DRUGS HAVE TO COMPETE WITH GENERIC DRUG MAKERS - PARASITES; NOW THE GOVERNMENT IS GOING TO CREATE YET ANOTHER PARASITIC "COMPETITOR" TO FREE MARKET COMPANIES...?!?!
“These shortages are just killing us,” said Dr. Michael Link, president of the American Society of Clinical Oncology, the nation’s largest alliance of cancer doctors. “These drugs save lives, and it’s unconscionable that medicines that cost a couple of bucks a vial are unavailable.”
* GOTTA LUV THAT! "A COUPLE BUCKS A VIAL." YEAH, DOC? AND HOW MANY BILLIONS IN R&D COSTS...?!?! HOW MANY YEARS OF EFFORT AND JUMPING THROUGH FDA HOOPS...?!?! HOW MANY "DRY HOLES" DUG FOR EACH SUCCESS...?!?!
So far this year, at least 180 drugs that are crucial for treating childhood leukemia, breast and colon cancer, infections and other diseases have been declared in short supply a record number.
* HMM... LET'S SEE... THE DEMS TOOK CONTROL OF THE HOUSE AND SENATE IN JANUARY OF 2007... OBAMA WAS INAUGURATED IN JANUARY OF 2009... (ANYONE ELSE SEEING A PATTERN HERE...?!?!)
[C]linical trials for some experimental cures have been delayed because the studies must also offer older medicines that cannot be reliably provided.
* O-BAM-A! E-P-A! O-BAM-A! E-P-A! O-BAM-A! E-P-A! O-BAM-A! E-P-A! O-BAM-A! E-P-A!
On Wednesday, Dianne Nomikos, 65, went to M. D. Anderson Cancer Center in Houston for a 9 a.m. appointment to receive Doxil, a vital medicine for her ovarian cancer. She was told to go home and wait until new supplies arrived. “My life is in jeopardy,” she said through tears in a telephone interview. “Without the drug, who knows what’s going to happen to me?”
* AGAIN, FOLKS... THIS COULD BE YOUR SITUATION ONE DAY... OR YOUR CHILD'S... OR A PARENT'S... OR A SPOUSE'S... OR A BEST FRIEND'S...
* FOLKS... READ THE FULL ARTICLE. BE AWARE THOUGH - THIS IS A NYT PIECE AND THUS SKEWED ACCORDINGLY. JUST THINK THINGS THROUGH AS YOU READ AND WHEN A "SOLUTION" SOUNDS TOO EASY OR TOO GOOD TO BE TRUE... (*PAUSE*)... THINK FOR YOURSELF CONCERNING POSSIBLE/PROBABLY COUNTER-ARGUMENTS.
http://www.cnsnews.com/news/article/warren-buffett-s-tax-solution-won-t-solv
* AS I USUALLY NOTE, FOLKS, I TEND TO SHY AWAY FROM CITATIONS THAT SOME MAY VIEW AS LESS THAN AUTHORITATIVE, HOWEVER... FROM EVERYTHING I THINK I KNOW... THE FOLLOWING IS ABSOLUTELY CORRECT:
Taxing millionaires and billionaires more - a position advocated by billionaire Warren Buffett and President Barack Obama - won’t make much of a dent in the national debt or the record federal budget deficits, a new study finds.
“Even taking every last penny from every individual making more than $10 million per year would only reduce the nation's deficit by 12% and the debt by 2%,” the non-partisan Tax Foundation’s David Logan writes.
* AH...! OK. SO THERE'S "AUTHORITATIVE FOR YA! http://www.taxfoundation.org/blog/show/27547.html
Buffett, in an August 15 op-ed in the New York Times said it was time to stop “coddling” the wealthy and called on Congress to raise taxes on those making $1 million or more.
* YEAH... (*SMIRK*)... FROM A GUY WHO PAYS 15% ON MOST OF HIS INCOME BECAUSE IT COMES IN THE FORM OF CAPITAL GAINS AND WHO HAS DUMPED MUCH OF HIS EXISTING WEALTH INTO A FOUNDATION - WHICH IS ANOTHER WAY OF SAYING "TAX LOOPHOLE."
* BUT IN ANY CASE... (KEEP READING...)
[A]ccording to the Tax Foundation study written by Logan, even taxing the nation’s millionaires at 50% - even eliminating loopholes and deductions - would only reduce the deficit by 8% and the national debt by 1%.
“Finally, to put everything in perspective, think about what would need to be done to erase the federal deficit this year: After everyone making more than $200,000 a year has paid taxes, the IRS would need to take every single penny of disposable income they have left. Such an act would raise approximately $1.53 trillion,” reported the Tax Foundation.
http://www.cnsnews.com/news/article/usda-spends-28-million-more-taxpayer-dol
* SUBTITLE THIS: "GOD FRIGG'N HELP US!"
The U.S. Department of Agriculture is paying $112 million in tax money to farmers and ranchers in 11 Western states to restore the habitat of the Sage Grouse, a bird that has not been listed as either threatened or endangered under the federal Endangered Species law because the government says there are too many of them.
* FOLKS... (*SIGH*)... RE-READ THAT A COUPLE TIMES... (*GNASHING MY TEETH*)
Agriculture Secretary Tom Vilsack announced last week that the USDA would dedicate $21.8 million to pay eligible ranchers and farmers in the state of Wyoming to encourage conservation practices that preserve the numbers of Sage Grouse.
* THIS "NEW" $21.8 IS ON TOP OF THE $90.2 MILLION ALREADY PISSED AWAY BY THESE BOZOS! (OVER JUST TWO FRIGG'N YEARS!)
* OH... AND GET THIS, FOLKS... (KEEP READING...)
[M]ost states do not treat the bird as if it were endangered. In fact, according to a 2010 notice in the Federal Register, state-regulated hunting of sage grouse is permitted in all but one state, Washington.
* NOW, FOLKS... GO BACK TO THE FIRST PARAGRAPH... RE-READ IT; NOW... RE-READ THIS LAST PARAGRAPH!
(*BLOOD PRESSURE RISING TO DANGEROUS LEVELS*)
Chuck Cushman, executive director of the American Land Rights Association, told CNSNews.com that land owners would welcome the USDA money...
* WELL, DUH...!!! F--KING DUH!
Rick Krause, senior director of congressional relations at the American Farm Bureau Federation, said as long as the effort remains voluntary, it has Farm Bureau endorsement.
* WE'RE FUCKING BROKE...!!! THE FEDERAL GOVERNMENT IS FUCKING BROKE...!!! TRILLON-PLUS DOLLAR DEFICITS... MULTI-TRILLION DOLLAR DEBT... OUR NATIONAL CREDIT RATING TAKEN DOWN A NOTCH... AND THIS IS HOW OUR TAX MONEY AND BORROWED MONEY IS BEING SPENT...?!?!
* GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...! GUNS...! AMMO...!
http://news.yahoo.com/social-security-disability-verge-insolvency-090119318.html
Laid-off workers and aging baby boomers are flooding Social Security's disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency.
* THE "BRINK" OF INSOLVENCY...?!?! FOLKS... FROM PARAGRAPH #3:
The stampede for benefits is adding to a growing backlog of applicants - many wait two years or more before their cases are resolved - and worsening the financial problems of a program that's been running in the red for years.
* RUNNING... IN... THE... RED... FOR... YEARS...
* IS IT ME, FOLKS...?!?! DO THESE PEOPLE WHO WRITE THESE STORIES NO UNDERSTAND THE CONCEPT OF "RUNNING IN THE RED FOR YEARS?"
Applications are up nearly 50% over a decade ago as people with disabilities lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.
* CHANT IT WITH ME, KIDS! O-BAM-A! O-BAM-A! O-BAM-A! O-BAM-A! O-BAM-A! O-BAM-A!
New congressional estimates say the trust fund that supports Social Security disability will run out of money by 2017...
* THERE IS NO FRIGG'N "TRUST FUND" FOLKS; IT'S AN ACCOUNTING GIMMICK - NOTHING MORE. (*SIGH*)
The trustees who oversee Social Security are urging Congress to shore up the disability system by reallocating money from the retirement program, just as lawmakers did in 1994. That would provide only short-term relief at the expense of weakening the retirement program.
* BOY... A HECK OF A TEAM OF "TRUSTEES" THEY'VE GOT RUNNING THE ASYLUM, HUH?!
* FOLKS... WHAT IS IT ABOUT "DECLINE AND FALL" THAT SOME OF YOU AREN'T GETTING...???
* TWO-PARTER... (Part 1 of 2)
http://online.wsj.com/article/SB10001424053111903596904576516232905230642.html?mod=WSJ_Opinion_LEADTop
* SUBTITLE: "THE AGE OF OBAMA ROLLS ALONG"
Our universities impair liberal education not only by what they teach and do not teach in classrooms but also by the illiberal rules they promulgate to regulate speech and conduct outside of class.
The Obama administration has aggravated the problem.
On April 4, Assistant Secretary for Civil Rights Russlynn Ali, head of the Department of Education's Office for Civil Rights (OCR), distributed a 19-page "Dear Colleague" letter to "provide recipients with information to assist them in meeting their obligations."
(*ROLLING MY EYES*)
At the cost of losing federal funding - on which all major institutions of higher education have grown dependent - colleges and universities are obliged under Title IX of the Civil Rights Act (which prohibits discrimination on the basis of sex) to thoroughly investigate all allegations of sexual harassment and sexual assault on campus, including the felony of rape.
* FAIR ENOUGH; SO FAR SO GOOD. (BUT WAIT... READ ON!)
They are also obliged, according to Ms. Ali, to curtail due process rights of the accused.
* I FEEL A MIGRAINE COMING ON... (*SIGH*)
OCR's new interpretation of Title IX "strongly discourages" universities from permitting the accused "to question or cross-examine the accuser" during the hearing.
* HUH...?!?! CROSS-EXAMINATION OF ACCUSERS AND WITNESSES IS ONE OF THE HALLMARKS OF THE AMERICAN LEGAL SYSTEM!
In addition, if universities provide an appeals process, it must be available to both parties - which subjects the accused to double jeopardy.
* NOW I FEEL A STROKE COMING ON... (*GNASHING MY TEETH*)
* To be continued...
* CONCLUDING... (Part 2 of 2)
Most egregiously, OCR requires universities to render judgment using "a preponderance of the evidence" standard. This means that in a rape case, a campus disciplinary board of faculty, administrators and perhaps students serves as both judge and jury.
* ...AND EXECUTIONER. (*SIGH*)
[T]o deliver a verdict of guilty, they need only believe that the accused is "more likely than not" to have committed the crime.
(*SARCASTIC CLAP-CLAP-CLAP*) AND SO IT GOES AS THE AGE OF OBAMA ROLLS ALONG - AND ROLLS OVER OUR LIBERTIES!
Yale, Stanford and many other universities have rushed to comply with OCR's directives.
* OF COURSE THEY HAVE... (*SIGH*)
On campus, where casual sex is celebrated and is frequently fueled by alcohol, the ambiguity that often attends sexual encounters is heightened and the risk of error in rape cases is increased. The consequences for a wrongly convicted student are devastating: Not only is he likely to be expelled, but he may well be barred from graduate or professional school and certain government agencies, suffer irreparable damage to his reputation, and still be exposed to criminal prosecution.
[U]niversities are institutionalizing a presumption of guilt in sexual assault cases. This implements the doctrine developed in the 1980s and '90s by postmodernists, radical feminists and critical legal studies scholars that inspired the ruinous campus speech codes. That doctrine teaches that the American political order is designed to oppress the weak; that racial minorities and women, whether they realize it or not, are victims; and that the truth, except for the first two propositions, is infinitely malleable.
* FUNDAMENTAL CHANGE - OBAMA STYLE. (*SHRUG*)
Where are the professors of history, political science and law who will insist clearly and in public that due process is a fundamental component of American political institutions and culture, a cornerstone of our legal system, and indispensable in a free society to the fair administration of justice?
Where are the professors of moral philosophy and practical ethics who will stand up and declare that the presumption of innocence rightly gives expression to both the belief in the dignity of the individual and the awareness of human fallibility?
And where are the deans, provosts and university presidents who will explain in no uncertain terms to their campus communities and to the wider public that weakening due process and freedom of speech protections erodes the framework within which free inquiry flourishes?
So far such professors and high university officials are nowhere to be found.
http://online.wsj.com/article/SB10001424053111904006104576502360686650914.html?mod=WSJ_Opinion_AboveLEFTTop
President Obama is promising one more plan to spur growth and hiring, to be unveiled after Labor Day.
* HE'S GONNA RESIGN?!
Consider Mr. Obama's main new-old proposal, which is to extend his temporary payroll tax for one more year, conveniently through the election of 2012.
(*THUMBS DOWN*)
In December, Mr. Obama signed a law which cut the payroll tax rate on workers to 4.2% from 6.2% on salaries up to $106,800 for 2011.
* WHICH WAS A BAD IDEA THEN - A BAD PANDERING IDEA - AND IT'S A BAD IDEA NOW!
Extending it through 2012 would cost the Treasury about $115 billion in lost revenue on a static basis.
* PUT ANOTHER WAY... OBAMA IS CALLING FOR THE FEDERAL GOVERNMENT TO INCREASE DEFICIT SPENDING - AND DEBT - BY AN ADDITIONAL $115 BILLION ABOVE AND BEYOND ALL THE OTHER BONEHEADED SCAMS HE WANTS TO BORROW MONEY FOR IN ORDER TO FINANCE!
[T]he plan is supposed to operate like the one-time tax rebates that didn't work when President Bush signed them in 2001 and 2008.
* WHICH... (*DRUM ROLL*)... I OPPOSED IN 2001 AND 2008! FOLKS... IT'S SPENDING...!!! THAT'S WHAT IT IS WHEN THE GOVERNMENT WRITES CHECKS...!!! BUSH WAS AN ASSHOLE...!!! OBAMA IS - IF ANYTHING - A BIGGER ASSHOLE...!!!
This year's payroll tax cut also hasn't resulted in many jobs.
* YEAH... SOME OF US HAVE NOTICED. (*SMIRK*)
In December the White House touted a Deutsche Bank economic analysis predicting that the tax holiday would increase output by 0.7 percentage points and boost overall year-over-year GDP growth to 4%. They weren't even close. Instead the economy decelerated and growth in the first six months averaged 0.8%, down from 3% in 2010.
* FOLKS... UNDERSTAND... OBAMA AND HIS ECONOMIC ADVISORS ARE TOTAL INCOMPETENTS! THIS ISN'T JUST ME SAYING IT... THIS IS WHAT THE FACTS DEMONSTRATE...!!!
To help the economy, any tax cut should be broad-based, immediate and permanent. The best tax cut would cut marginal rates for individuals and business across the board. Rather than add $115 billion more to the 2012 federal deficit by extending a tax cut that won't create jobs, Republicans would do better to use that money to help finance a larger tax reform.
* IN OTHER WORDS... OBAMA IS ALSO USING THIS PROPOSAL FOR BASE POLITICAL GAIN; HOPING AMERICANS ARE SO STUPID THAT THEY DON'T REALIZE THAT THE MONEY "HE" IS "ALLOWING" THEM (US!) TO "KEEP" IS SIMPLY BEING DEBITED AGAINST OUR PORTION OF THE NATIONAL DEBT!
Mr. Obama's payroll tax cut is...a gesture...designed to portray Republicans as hostile to average workers if they oppose it.
(*SAD NOD*)
But one political cost of signing onto tax cuts that don't promote growth is that Republicans are giving tax reduction a bad name.
* YEP!
Post a Comment