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To: LindyBill who wrote (482358)4/12/2012 8:39:02 PM
From: CF Rebel
   of 554749
 
We guys all shake our heads and wonder, "how in the hell did that twerp get her?"

Makes you wonder if it wasn't a politically arranged marriage and the kids were conceived artificially. Remember, anything for the collective and it isn't strange with that kind of mindset.

CF Rebel

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To: GST who wrote (482356)4/12/2012 8:41:52 PM
From: Big Black Swan
1 Recommendation   of 554749
 
I see a career for you as an Obama election fundraiser.

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From: Glenn Petersen4/12/2012 8:45:27 PM
5 Recommendations   of 554749
 
The Buffett Rule redistributes deck chairs on the Titanic, ostensibly to make more available for those in steerage. Nice idea, but the iceberg cometh. The enterprise is an exercise in misdirection — a distraction not just from Obama’s dismal record on growth and unemployment but, more important, from his dereliction of duty in failing to this day to address the utterly predictable and devastating debt crisis ahead.

Free-lunch egalitarianism

By Charles Krauthammer
Washington Post
April 12, 2012

Here we go again.

At the beginning of his presidency, Barack Obama argued that the country’s spiraling debt was largely the result of exploding health-care costs. That was true. He then said the cure for these exploding costs would be his health-care reform. That was not true.

It was obvious at the time that it could never be true. If government gives health insurance to 33 million uninsured, that costs. Costs a lot. There is no free lunch.

Now we know. The Congressional Budget Office’s latest estimate is that Obamacare will add $1.76 trillion in federal expenditures through 2022. And, as one of the Medicare trustees has just made clear, if you don’t double count the $575 billion set aside for the Medicare trust fund, Obamacare adds to the already crushing national debt.

Three years later, we are back to smoke and mirrors. This time it’s not health care but the Buffett Rule, which would impose a minimum 30 percent effective tax rate on millionaires. Here is how Obama introduced it last September:

“Warren Buffett’s secretary shouldn’t pay a [higher] tax rate than Warren Buffett. .?.?. And that basic principle of fairness, if applied to our tax code, could raise enough money” to “stabilize our debt and deficits for the next decade. .?.?. This is not politics; this is math.”

Okay. Let’s do the math. The Joint Committee on Taxation estimates this new tax would yield between $4 billion and $5 billion a year. If we collect the Buffett tax for the next 250 years — a span longer than the life of this republic — it would not cover the Obama deficit for 2011 alone.

As an approach to our mountain of debt, the Buffett Rule is a farce. And yet Obama repeated the ridiculous claim again this week. “It will help us close our deficit.” Does he really think we’re that stupid?

Hence the fallback: The Buffett Rule is a first step in tax reform. On the contrary. It’s a substitute for tax reform, an evasion of tax reform. In three years, Obama hasn’t touched tax (or, for that matter, entitlement) reform, and clearly has no intention to. The Buffett Rule is nothing but a form of redistributionism that has vanishingly little to do with debt reduction and everything to do with reelection.

As such, it’s clever. It deftly channels the sentiment underlying Occupy Wall Street (original version, before its slovenly, whiny, aggressive weirdness made it politically toxic). It perfectly pits the 99 percent against the 1 percent. Indeed, it is OWS translated into legislation, something the actual occupiers never had the wit to come up with.

Clever politics, but in terms of economics, it’s worse than useless. It’s counterproductive. The reason Buffett and Mitt Romney pay roughly 15 percent in taxes is that their income is principally capital gains. The Buffett Rule is, in fact, a disguised tax hike on capital gains. But Obama prefers to present it as just an alternative minimum tax because 50 years of economic history show that raising the capital gains tax backfires: It reduces federal revenue, while lowering the tax raises revenue.

No matter. Obama had famously said in 2008 that even if that’s the case, he’d still raise the capital gains tax — for the sake of fairness.

For Obama, fairness is the supreme social value. And fairness is what he is running on — although he is not prepared to come clean on its price. Or even acknowledge that there is a price. Instead, Obama throws in a free economic lunch for all. “This is not just about fairness,” he insisted on Wednesday. “This is also about growth.”

Growth? The United States has the highest corporate tax rate in the industrialized world. Now, in the middle of a historically weak recovery, Obama wants to raise our capital gains tax to the fourth highest. No better way to discourage investment — and the jobs and growth that come with it. (Except, perhaps, for hyperregulation. But Obama is working on that too.)

Three years ago, Obama promised universal health care that saves money. Today, he offers a capital gains tax hike that spurs economic growth. This is free-lunch egalitarianism.

The Buffett Rule redistributes deck chairs on the Titanic, ostensibly to make more available for those in steerage. Nice idea, but the iceberg cometh. The enterprise is an exercise in misdirection — a distraction not just from Obama’s dismal record on growth and unemployment but, more important, from his dereliction of duty in failing to this day to address the utterly predictable and devastating debt crisis ahead.

letters@charleskrauthammer.com

washingtonpost.com 

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To: SmoothSail who wrote (482363)4/12/2012 8:55:13 PM
From: KLP
   of 554749
 
Believe this is from South Korea...: "N. Korea's rocket launch appears to end in failure:


Yonhapnews Agency


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(4th LD) N. Korea's rocket launch appears to end in failure: officials 2012-04-13 09:23


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Content of the article North Korea defiantly fired off a long-range rocket Friday, but the three-stage rocket apparently crashed in pieces into the sea shortly after takeoff, officials said.

The launch is still expected to draw international condemnation as it violated a U.N. resolution.

The Unha-3 rocket took off from the Tongchang-ri launch site at 7:39 a.m., but appears to have separated into several pieces before crashing into the sea a few minutes after takeoff, Defense Ministry spokesman Kim Min-seok said.

"South Korean and U.S. intelligence authorities believe North Korea's missile launch ended in failure," Kim said without providing further specifics, including how far the three-stage rocket traveled. "We will make an announcement later after making final confirmation."

Military sources said the rocket appears to have landed in waters about 190 to 200 kilometers off South Korea's western port city of Gunsan, without the separation of its first and second stages.

Naval ships tracked the rocket's flight path, they said.

U.S. news cable channel CNN also reported, citing unidentified U.S. officials, that the launch appeared to have ended in failure. Japanese media reported the rocket fell into the sea right after takeoff.

The North had said it would launch the rocket between April 12 and 16 to put what it claimed to be a satellite into orbit to mark the 100th birthday celebrations for Kim Il-sung, the country's late founder and grandfather of current leader Kim Jong-un.

South Korea, the United States and other regional powers urged Pyongyang to call off the launch, seeing it as a pretext to disguise a long-range missile test, banned under a U.N. Security Council resolution.

Foreign news reports said the U.N. Security Council plans to convene an emergency meeting.

South Korea urged that the U.N. Security Council punish the North.

"Regardless of its success or failure, we urge the U.N. Security Council to take action against North Korea's rocket launch," a senior official at Seoul's foreign ministry said, on condition of anonymity.

President Lee Myung-bak also held an emergency meeting of security related ministers.

A defense committee of South Korea's National Assembly will also hold an emergency meeting at 3 p.m. Friday to discuss the launch, a committee official said.

"After North Korea launched its long-range rocket, the defense committee was urgently convened," the official told Yonhap News Agency by phone.

In Washington, the White House was preparing to issue a formal response to the launch.

Officials at both the State Department and the Defense Department said they have nothing to say for now regarding reports of the North's rocket launch.

The White House is in charge of releasing the initial response of the U.S. administration, the source told Yonhap News Agency.

Tommy Vietor, the spokesman for the National Security Council, did not provide an immediate reply to Yonhap's inquiry.

SEOUL, April 13 (Yonhap)
jschang@yna.co.kr
(END)

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To: Big Black Swan who wrote (482368)4/12/2012 9:01:53 PM
From: goldworldnet
2 Recommendations   of 554749
 
The only thing Islam has been successful at is conquering other cultures, but once a conquered society has been thoroughly supplanted, then all technological progress comes to a grinding halt.

* * *

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To: Neeka who wrote (482334)4/12/2012 9:03:01 PM
From: KLP
   of 554749
 
In the WA Links I posted the other day, it says McDermott is in the 7th District....I'm in the 8th....(unless it was gerrymanded again and I haven't seen all the twists....) I thought Kucinich was thinking about running for Norm Dicks position....but last I heard, Dennis Kucinich decided against running in WA State.....

Did someone bribe him to come and spread more manure in an already plowed field?

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To: Glenn Petersen who wrote (482371)4/12/2012 9:03:14 PM
From: CF Rebel
2 Recommendations   of 554749
 
These four years of this administration are four years of wasted American time, history and money. Never has more money been wasted and only did FDR waste more time. If this doesn't end in January, I'm all for revolution. Revolution can't be too revolting a concept when there is no rule of law.

CF Rebel

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To: Glenn Petersen who wrote (482371)4/12/2012 9:08:24 PM
From: Farmboy
1 Recommendation   of 554749
 
Evidently, not only does he think it, we have proven that we really are that stupid.
He is in office, isn't he?


As an approach to our mountain of debt, the Buffett Rule is a farce. And yet Obama repeated the ridiculous claim again this week. “It will help us close our deficit.” Does he really think we’re that stupid?

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To: LindyBill who wrote (482335)4/12/2012 9:10:08 PM
From: KLP
1 Recommendation   of 554749
 
errrrrr....how does one say this delicately.................

The very thought of him makes me bileous.....




Kucinich

But Neeka, he would fit there with you and Karen so well! :>)



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To: LindyBill who wrote (482338)4/12/2012 9:16:11 PM
From: KLP
1 Recommendation   of 554749
 
Don't spend even a millisecond feeling sorry for Hilary Rosen. Her big mouth and very LeftLeaning Dem values got her into trouble in the first place.

Don't worry....she will recover from this and will be hired by some other Leftie group.

Funny thing though.....David Boze (770 Radio here) said tonight that she was hired by the Democrats to "soften" Debbie Wasserman Shultz's presentation in the media...

Anita Dunn, Debbie W-S, and Hilary Rosen..... Now, THERE's a trio!!!!

Hope someone has BIG bottles of Tums back there in Democrat Land right now......

MehhhhhhhaahahahasshhdfhkjdsfkdjnkdfnnnweknkerddddF%^*@#IKJcnsdfhhhhhhaaaahaha

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