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To: Brumar89 who wrote (652066)4/20/2012 10:02:26 AM
From: Taro   of 716978
 
Exactly.

Nothing new, all happened before and not only in the US.
Never in Switzerland, though :)

/Taro

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To: J_F_Shepard who wrote (652063)4/20/2012 10:48:00 AM
From: i-node   of 716978
 
>> 15% of AGI is very special treatment for billionaires.....dumbass.....

There are two fundamental points that seem to confuse liberals on this --

a) The fact that cap gain income is taxed at lower rates than ordinary income -- something which has been true for almost 100 years -- because Congress has seen time and again that lower cap gain rates are good for the economy -- starting almost from the inception of our federal income tax; and

b) That capital gains have never in history been taxed for social security or medicate tax purposes, nor should they -- the "contract" that was made with the American people was that these things would be paid for with a tax on a portion of earned income only.

Changing either of these things would be an absolutely radical thing to do. For the brief period that favorable treatment was eliminated to capital gains, it was because the overall rate structure had been flattened -- which lasted only a few years before Congress foolishly began raising ordinary income rates again which led to the reinstatement of lower cap gain rates.

Now, we have an incompetent fool in the WH who would love nothing better than to break the tax code by doing away with something that has been shown time and again to spur economic growth.

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To: puborectalis who wrote (652041)4/20/2012 10:59:36 AM
From: i-node1 Recommendation   of 716978
 

Barack Obama's re-election bid is already in deep trouble

The RealClearPolitics poll average puts President Barack Obama at 47 percent and Romney at 44.2 percent - statistically insignificant lead of 2.2 percent.

Drill down into the numbers of the latest CBS poll and there are ominous signs for Obama. Only 33 percent of Americans believe the economy is moving in the right direction. A mere 16 percent feel they are getting ahead financially. Some 38 percent think their situation will get worse if Obama is re-elected, 26 percent think it will get better.

A cursory look back at incumbent versus challenger presidential races does not give Obama much comfort.

In April 1976, President Gerald Ford was in about the same position as Obama is now. He lost the 1976 general election to Jimmy Carter by two points. In April 1980, President Jimmy Carter was leading Ronald Reagan by 38 points to 32 points with John Anderson on 22. In November 1980, Reagan won by 10 points.

In April 1992, President George H.W. Bush was on 46 percent and Bill Clinton on 26 percent. In November 1992, Clinton won by six points. In April 2004, President George W. Bush was on 50 percent and John Kerry on 44 percent. In November 2004, Bush won by two points.

We are already past the point at which it seems plausible that 2012 will be a repeat of 1996 when the incumbent (Clinton) cruised to a comfortable eight-point victory over the challenger (Bob Dole). Rather, we are probably looking at a 1992 scenario - an incumbent defeat - or a 2004 race - the incumbent (or the challenger) eking out a narrow victory.

All the signs are that Obama will try to do to Romney what Bush did to Kerry in 2004 - make the election turn on the character of the challenger rather than being a referendum on the incumbent. It was brutal, it was ugly and it was a process of grinding out a win on the basis of consolidating the Republican base and dividing the country.

The Romney campaign, which includes a number of people who helped map out and execute that strategy for Bush, is all too aware of the dangers of Romney falling into the same trap as Kerry and allowing himself to be defined by Obama.

Romney may be a wealthy, somewhat aloof blue blood from Massachusetts but he is no John Kerry. Indeed, the central part of his biography - the turnaround businessman - is almost ideally suited to this election, which is likely to be a transactional one in which voters ask: "Who can best deal with this economy?"

Just as Bush's allies turned what seemed to be Kerry's biggest strength - his Vietnam record in an election about national security - against him by a merciless "Swiftboating", Obama will seek to do the same to Romney by making his business record about pillaging from the poor.

But Americans are much less likely than Europeans to succumb to the temptations of class warfare. If he is to pull it off, Obama needs to do much better than jibing that he was not "born with a silver spoon in my mouth" and demanding Romney's tax returns.

The slow improvement in the economy thus far in 2012 might not help Obama, just as better numbers did not stop George H.W. Bush losing to Clinton in 1992. In fact, Bush's insistence that things were getting better when few in the country felt that way added insult to injury and made him seem out of touch.

Obama can't talk about the economy being bad because he would be held responsible for it. But going too far in talking it up could be just as disastrous. Politically, he has to thread the needle.

Romney's likeability numbers are anaemic at this stage but they may well not need to be. To paraphrase Obama's ill-judged snipe at Hillary Clinton in 2008, he could well be "likeable enough" already, given that the focus will in all likelihood be on Obama.

Obama will keep trying to talk about something, anything other than the economy - contraception and dogs being the most recent examples - but Romney has the relatively straightforward task of being disciplined enough to talk relentlessly about jobs and the economy.

Certainly, Romney will never win the "guy you'd like to have a beer with" test, as Bush did in 2000. But 2012 will not be about that - there's more at stake than in 2000. And as Nate Silver argues, Romney has room to grow and favourability ratings at this stage are unreliable indicators for November.

If you viewed all this solely through the prism of media coverage and listened just to Washington pundits, you'd conclude that Obama has about an 80 percent chances of victory. In reality, his chances are much closer to 50:50, perhaps even with Romney holding an advantage (though many things can and will happen in six months).

This cognitive dissonance is partly because of a liberal tilt but also because most reporters and talking heads live in bubbles of comfortable affluence insulated from the economic pain most Americans are facing.

Even without factoring in the likely negative political impact of, say, Obamacare being struck down by the Supreme Court in June, Obama's re-election bid is already in deep trouble.

Only a fool would underestimate Obama's campaign machine, his ability to raise money and the fact that he remains personally likeable to a majority of Americans despite the state of the country. Anyone who argues at this stage that Obama is doomed to defeat is deluding themselves.

But the reality of this campaign is that it is likely to be brutal, very close - and could well result in Mitt Romney becoming the 45th President of the United States next January 20th.


harndenblog.dailymail.co.uk 

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To: J_F_Shepard who wrote (651631)4/20/2012 11:00:32 AM
From: PROLIFE   of 716978
 
you wish. Jealousy will get you nowhere, libtard

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To: Brumar89 who wrote (652064)4/20/2012 11:00:38 AM
From: FUBHO1 Recommendation   of 716978
 
5.4 Million Join Disability Rolls Under Obama

news.investors.com 
By JOHN MERLINE, INVESTOR'S BUSINESS DAILY Posted 08:02 AM ET




A record 5.4 million workers and their dependents have signed up to collect federal disability checks since President Obama took office, according to the latest official government data, as discouraged workers increasingly give up looking for jobs and take advantage of the federal program.

This is straining already-stretched government finances while posing a long-term economic threat by creating an ever-growing pool of permanently dependent working-age Americans.

Since the recession ended in June 2009, the number of people who've signed up for disability benefits is twice the job growth figure. (See nearby chart.) In just the first four months of this year, 539,000 joined the disability rolls and more than 725,000 put in applications.

As a result, by April there were 10.8 million people on disability, according to Social Security Administration data released this week. Even after accounting for all those who've left the program — mainly because they hit retirement age or died — that's up 53% from a decade ago.

To be sure, disability rolls have grown steadily as a share of the workforce since the 1990s (see nearby chart).

The main causes of this broader trend, according to a study by economists David Autor and Mark Duggan, are the loosening of eligibility rules by Congress in 1984, the rise in disability benefits relative to wages, and the fact that more women have entered the workforce, making them eligible for disability.

Their research found that the aging of the population has contributed only modestly to the program's growth.

But the big factor in the recent surge is the slow pace of the economic recovery after the severe recession. That has kept the unemployment rate above 8% and created an enormous pool of long-term unemployed and discouraged workers. More than 5 million people have been jobless for 27 weeks or more, nearly twice the previous high set in 1983, according to the Bureau of Labor Statistics.

"We see a lot of people applying for disability once their unemployment insurance expires," said Matthew Rutledge, a research economist at Boston College's Center for Retirement Research.

The number of applications last year was up 24% compared with 2008, Social Security Administration data show.

As the Congressional Budget Office explained : "When opportunities for employment are plentiful, some people who could quality for (disability insurance) benefits find working more attractive ... when employment opportunities are scarce, some of these people participate in the DI program instead."

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To: puborectalis who wrote (652041)4/20/2012 11:12:25 AM
From: PROLIFE1 Recommendation   of 716978
 
O'slappy will stick his finger in your butt and lead you around , lie to you and steal from you until he has used you up.

Suck it up, boy.

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To: PROLIFE who wrote (652073)4/20/2012 12:05:34 PM
From: joseffy2 Recommendations   of 716978
 
New Zimmerman photo from night of fight:


abcnews.go.com 

credit to longnshort

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To: J_F_Shepard who wrote (652029)4/20/2012 12:09:04 PM
From: Brumar892 Recommendations   of 716978
 
This dog thing is proof no one read Obama's book.

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To: J_F_Shepard who wrote (652063)4/20/2012 12:17:15 PM
From: Brumar89   of 716978
 
Maldives, Malvinas, Let's Call the Whole Thing Off

Mark Krikorian


The president’s Maldives/Malvinas gaffe that Andy referred to the other day is interesting as more than a verbal stumble or even as evidence (which it is) of this administration’s reflexive desire to take the side of The Other (remember John Brennan referring to Jerusalem as “al Quds”). Obama’s mistake, along with things such as his reference to the “Austrian” language and his inability to speak a foreign language, suggests a profound parochialism and ignorance of the outside world. Yes, you could same the same about Bush and Slovakia/Slovenia and I’m not even sure such provincialism is even a bad thing — I want a president with a clear sense of America’s interests in the world, whether or not he thinks Indochina is part of China (as FDR did). Obama’s problem is that he thinks he’s a suave cosmopolitan, a citizen of the world, who’s garnered invaluable international experience living abroad as a child — and yet he doesn’t know Shiraz from shinola. And the citizen-of-the-world schtick isn’t just boob bait for the Upper West Side — he actually believes himself to be a global sophisticate, and yet he knows no more about the outside world than a rube from the hollers of West Virginia.

nationalreview.com 

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To: i-node who wrote (652070)4/20/2012 12:27:41 PM
From: puborectalis   of 716978
 
How's Romney going to corral the womens and Hispanic votes?

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