Friday, March 30, 2012

Barker's Newsbites: Friday, March 30, 2012


To reiterate... I just love country music!
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5 comments:

William R. Barker said...

http://www.reuters.com/article/2012/03/30/us-china-iran-syria-idUSBRE82T0D420120330

* SUBTITLE: "AH, YES... U.S. DIPLOMACY IN ACTION IN THE AGE OF OBAMA"

Iran is helping its ally Syria defy Western sanctions by providing a vessel to ship Syrian oil to a state-run company in China...

* CHINA.

* OH... AND AS TO DEMONSTRATE MY EVEN-HANDEDNESS WHEN IT COMES TO SLAMMING INCOMPETENTS... RECALL MY COMMENTARY THE OTHER DAY REGARDING THAT IMBECILE ROMNEY IDENTIFYING RUSSIA - NOT CHINA - AS OUR MAIN "ENEMY."

* FOLKS... THINK ABOUT THE OBAMA/CLINTON FOREIGN POLICY: WE'VE LOST EGYPT. INDIA IS DRIFTING TOWARDS ALLIANCES WITH RUSSIA AND EVEN CHINA. OBAMA IS CAUGHT ON "HOT MIC" INFERRING TO THE RUSSIANS THAT ONCE HE'S SAFELY RE-ELECTED HE'LL PURSUE A POLICY HE DARE NOT RUN ON...

(*SIGH*)

* I COULD GO ON... BUT WHAT'S THE POINT?

March 30, 2012 at 11:28 AM
William R. Barker said...

http://www.businessinsider.com/us-immigration-agents-are-loading-up-on-as-many-as-450-million-new-rounds-of-ammo-2012-3

* COMMENTS...???

(*SIGH*)

March 30, 2012 at 11:30 AM
William R. Barker said...

http://ca.news.yahoo.com/canada-raise-retirement-age-67-report-184156915.html

Canada's center-right government called for the retirement age to be raised and for major public service cuts Thursday, in an austerity budget that aims to balance the books by 2016.

(*CLAP-CLAP-CLAP*)

* IF THE CANADIANS CAN DO IT... WHY CAN'T WE? I'LL TELL YOU WHY: BECAUSE OUR GOVERNMENT IS DYSFUNCTIONAL!

Tackling unpopular measures that many industrialized countries are being forced to consider as their populations age, the Canadian government said its budget would help the country move a step ahead.

"Other Western countries face the risk of long-term economic decline. We have a rare opportunity to position our country for sustainable, long-term growth," Finance Minister Jim Flaherty said in the House of Commons.

"Looking ahead, Canadians have every reason to be confident," he said presenting what was dubbed a budget for "the next generation."

Under the plan, Canada will cut its deficit this year through "moderate" spending cuts, as the economy grows by 2.1 percent, Flaherty announced.

But much deeper cuts, including the laying off of 19,200 government staff, or 4.8 percent of the federal workforce, are planned for the coming years.

Flaherty said old age security and guaranteed income supplement benefits worth up to a total of Can-$15,000 and now paid out at age 65 would be offered only at age 67, starting in 2023.

He also announced the withdrawal of the Canadian penny from circulation later this year, saying it costs more to produce than its face value. The move will save the government Can$11 million annually.

* FACING UP TO REALITY IS THE FIRST STEP TOWARDS DEALING WITH REALITY.

March 30, 2012 at 11:34 AM
William R. Barker said...

http://links.heritage.org/hostedemail/email.htm?CID=11584325252&ch=2FDFFDD4DE4EAF2E4C9581FBB19D58B7&h=ad9a9917ca24352423ea512c9b815cef&ei=sQmoCI8KN

Heritage expert David Kreutzer points out, most of what the President and his allies call "oil company subsidies" are merely manufacturing tax credits that already put the oil and gas industry at a disadvantage:

The unfair tax break that makes up nearly half of what Obama calls "subsidies" is the manufacturing tax credit. All manufacturers except the oil and gas industry get to deduct 9% of their revenues before calculating their tax bills.

Though oil and gas producers get the deduction, they are singled out for a lower 6% deduction.

The oil and gas industry gets a deduction that is only two-thirds as generous as for all other manufacturers... yet the deduction is called a subsidy to oil and gas.

* NOW, FOLKS... IF YOU WEREN'T ALREADY AWARE OF THESE FACTS... (*PAUSE*)... ASK YOURSELVES "WHY NOT."

March 30, 2012 at 11:52 AM
William R. Barker said...

http://washingtonexaminer.com/politics/washington-secrets/2012/03/we%E2%80%99re-no-1-highest-corporate-taxes/424571

Come Sunday, America finally has something to crow about...

* THAT'S SARCASM, FOLKS... (*SIGH*)

...in its economic war with China and Japan: It will have the highest jobs-killing corporate tax rate in the industrialized world.

(*ANOTHER SIGH*)

No, it’s not an April Fool’s joke. When Japan officially slashes its rate to 36.8% Sunday, America’s will be tops at 39.2%.

* I'VE HIGHLIGHTED THIS IN PRIOR NEWSBITES, BUT WHAT THE HELL... IT BEARS REPEATING. (DO YOU THINK THE AVERAGE AMERICAN HAS EVEN A CLUE? NO. OF COURSE NOT.)

March 30, 2012 at 11:59 AM

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