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Households could face average
$3,500 tax hit if Congress
can't avoid 'fiscal cliff'

NBC News, by Tom Curry Original Article

Posted By: Photoonist- 10/1/2012 6:48:08 PM Post Reply

Nearly 90 percent of Americans will see their taxes increase in 2013 if Congress and President Barack Obama can’t find a way to renew tax policies that are scheduled to expire at the end of this year, the nonpartisan Tax Policy Center said in a report issued Monday. The average tax increase will be $3,500 per household if the current tax policies expire, the report estimated. It isn’t necessarily an all-or-nothing decision Congress confronts – it could choose to extend some of the tax provisions but terminate others – but it’s precisely the complexity of picking and choosing from the

This Is The Vegas Resort Where
Obama Will Spend The Next 3 Days
Preparing For the Debate

Business Insider, by Grace Wyler Original Article

Posted By: PageTurner- 10/1/2012 6:40:08 PM Post Reply

President Barack Obama arrived in Nevada last night to begin three days of debate preparation at the Westin Lake Las Vegas Resort, a luxurious golf community just a few miles from the Las Vegas strip. According to the White House pool report, the "resort is a strange mix of desert sand pits, green lawns, palm trees and new homes. We passed a replica of the Ponte Vecchio and some luxurious lakeside estates, also unfinished lots and a browning golf course. The president's hotel has a Middle Eastern theme and a view of the lake from the lobby."

Eurozone unemployment at fresh high

BBC News, by Staff Original Article

Posted By: Photoonist- 10/1/2012 6:39:38 PM Post Reply

Unemployment in the eurozone hit a fresh high of 18.2 million in August, the EU statistics agency has said. The number out of work rose by 34,000, but after the July data was revised up, it meant the unemployment rate remained stable at a record high of 11.4%. The highest unemployment rate was recorded in Spain, where 25.1% of the workforce is out of a job, and the lowest of 4.5% was recorded in Austria. The unemployment rate in Germany was 5.5%, Eurostat said.

Battle for presidency remains
close in new CNN poll

CNN, by Staff Original Article

Posted By: jeffreyabigail- 10/1/2012 6:28:26 PM Post Reply

Two days before the first presidential debate, a new national survey indicates a very close contest between President Barack Obama and Republican nominee Mitt Romney in the race for the White House. And according to a CNN/ORC International poll, neither candidate appears to have an edge on the economy, which remains the top issue on the minds of Americans and which may dominate Wednesday night's debate on domestic issues in Denver.

Greece predicts deeper
2012 recession

BBC News, by Staff Original Article

Posted By: Photoonist- 10/1/2012 6:27:46 PM Post Reply

Greece is predicting its economy will shrink by much more than previously estimated this year. Its economy will contract by 6.5% this year, worse than a previous estimate of 4.8% in March suggested to its bailout lenders, it said in a draft budget submitted to parliament. Greece also said its economy will shrink for a sixth year in 2013. About 8bn euros worth of cuts have been proposed for 2013, covering public-sector pay, pensions and welfare. (Snip) Spending cuts are necessary if Greece is to get the next instalment of the funds from the IMF and eurozone that bailed it

Obama Vs. Romney: Will October
Bring a Political Surprise?

ABC News, by Russell Goldman Original Article

Posted By: Photoonist- 10/1/2012 6:22:53 PM Post Reply

Imagine the impact on the polls if just days before Election Day, negotiations between the president and Iran dramatically broke down, intensifying an already volatile situation and fueling rumors that his Republican challenger cut a deal with a hostile enemy power to influence the election. (Snip) Over the next 72 hours, Carter, who had been trailing Republican challenger Ronald Reagan by two points, dropped 10 points behind, and the "October surprise," a game-changing incident in the final days of the campaign, became firmly rooted in our political consciousness. "You can term any unexpected event in late October or early November

Mahmoud Ahmadinejad's
cameraman defects to US

Telegraph [UK], by Mark Hughes & Adrian Blomfield Original Article

Posted By: Photoonist- 10/1/2012 6:17:32 PM Post Reply

New York - Iran has suffered an embarrassing security setback after a cameraman who came to New York as part of President Mahmoud Ahmadinejad's official United Nations entourage defected and applied for asylum. Hassan Gol Khanban is thought to have planned his defection in advance of his trip to the United States, taking steps to have his family flee Iran in the hope that they too can gain asylum, his lawyer, Paul O'Dwyer, said. Mr Khanban, who is believed to have worked for the Iranian state broadcaster IRIB for several years, had accompanied Mr Ahmadinejad to New York to attend

Merkel 'must tell the truth'
over dire situation in Greece,
warns opposition leader

Daily Express [UK], by Emily Fox Original Article

Posted By: Attercliffe- 10/1/2012 5:54:22 PM Post Reply

German Chancellor, Angela Merkel 'must tell the truth' over the dire situation in Greece, the leader of the opposition has warned. Peer Steinbrueck called for the Chancellor to come clean on the situation and admit that Germany will be paying for Greece's debts for a very long time. He said: "The chancellor must finally tell the German people the truth: Greece will not be able to borrow money on the capital markets in the coming seven or eight years. We will have to help it until then." Steinbrueck launched a tirade over Merkel's dealings with Greece claiming the Chancellor should stop

Five reasons why Mitt Romney
can win the first presidential
TV debate (seriously)

Telegraph [UK], by Peter Foster Original Article

Posted By: Attercliffe- 10/1/2012 5:41:02 PM Post Reply

Wednesday’s first Presidential Debate in Denver should be a slam-dunk for Barack Obama: say what you like about his record as president, there can be no doubting Mr Obama’s silky brilliance as a campaigner and his ability to perform on the biggest stage. In fact, the bigger, the better. Mitt Romney, on the other hand, has proved (even by his own, wooden standards) a spectacularly inept presidential candidate: cloth-eared to the needs of ordinary Americans on the stump and strategically out-manoeuvred by Chicago who defined him early, and perhaps fatally, as a heartless plutocrat. So it should be a crushing

Eric Hobsbawm: A believer in the
Red utopia to the very end

Telegraph [UK], by Michael Burleigh Original Article

Posted By: Attercliffe- 10/1/2012 5:34:35 PM Post Reply

The grotesque facts never got in the way of Eric Hobsbawm’s devotion to communism. A few decades ago I almost had a conversation with Eric Hobsbawm, the Marxist historian who died yesterday aged 95. We were sitting in neighbouring chairs in a Cypriot barber’s in London’s Charlotte Street. The barber spoke of our common profession, but neither of us took the innocent prompt any further. Nor did we exchange a word a decade later at a dinner following a public lecture by Niall Ferguson, though we were at the same table, and Mrs Hobsbawm seemed chatty enough.

Attorney General Eric Holder
was 'armed' when he took
part in protest at Columbia
and occupied a school office
for five days

Daily Mail (UK), by Staff reporter Original Article

Posted By: pineledger- 10/1/2012 4:38:28 PM Post Reply

Attorney General Eric Holder may have been armed when he and some fellow Columbia University students occupied an abandoned school office and demanded that it be rededicated to Malcolm X. Conservative news site The Daily Caller reported that when he was a sophomore at the Ivy League school, a then-20-year-old Holder was an active member of the Student Afro-American Society who fittingly sported a similar hair style at the time. They cite old student archives which allege that Holder and his fellow protestors were 'armed' when they took control of the then-abandoned office

Spain Adds $32 Billion Power-System
Bailout to Bank Rescue

Jerusalem Post [Israel], by Ben Sills Original Article

Posted By: Photoonist- 10/1/2012 4:32:54 PM Post Reply

Madrid - After Spain’s rescue of its banks and cash-strapped regions, the 2013 budget reveals a bailout of the power industry to cover 25 billion euros ($32 billion) of debt accumulated by the electricity system. The spending blueprint released two days ago adds 100 billion euros to the nation’s debt from the rescue packages by the end of 2012, driving its ratio to gross domestic product up 16.8 percentage points to 85.3 percent of total output. Power companies such as Iberdrola SA (IBE) and Gas Natural SDG SA (GAS) booked more revenue than they received from their clients for most

How do you debate Obama?
Make him own the economy

Human Events, by David Harsanyi Original Article

Posted By: Photoonist- 10/1/2012 4:21:59 PM Post Reply

It’s simple. During the upcoming debates, no matter what question is thrown at him, Mitt Romney has to dump the economy onto the lap of its rightful owner. The president, Romney might suggest, shouldn’t be judged on the economy he campaigned so hard to inherit, but the recovery he has botched. As it stands, Obama is the owner of the most pathetic economic revival in American history. A recovery so weak, it’s difficult to believe that voters even think of it as one. So, when the president starts unfurling his economic vision of growth through wind-powered fairness factories, Romney has

The 'Obamaphone Lady'

Wall Street Jounal, by James Taranto Original Article

Posted By: BamaMan- 10/1/2012 4:19:03 PM Post Reply

This columnist both laughed and cringed at the "Obamaphone Lady" video that last week got wide play on YouTube, with boosts from Matt Drudge and Rush Limbaugh. It's one of a series of interviews someone using the handle RealFreedom1776 shot outside a Mitt Romney appearance in Bedford, Ohio, a Cleveland suburb. The Service Employees International Union was staging a protest against the Romney rally. The Obamaphone Lady, who as far as we know hasn't been otherwise identified, is a middle-aged black woman with a loud, gravelly voice.

Elizabeth Warren’s lead
over Scott Brown narrows
to 2 points in WBUR poll

Boston Globe, by Noah Bierman Original Article

Posted By: Photoonist- 10/1/2012 4:13:09 PM Post Reply

As Senator Scott Brown and Elizabeth Warren prepare for their second debate tonight, a new poll shows Warren leading Brown by 2 percentage points — 46 percent to 44 percent, with 9 percent undecided in the hotly contested race. The WBUR/Mass Inc. poll of 504 likely voters taken Sept. 26- Sept. 28 is the seventh of nine surveys taken in September to show Warren, a Democrat and Harvard Law School professor, with a small lead over Brown, a Republican. But the results are well within the poll’s margin of sampling error of plus or minus 4.4 percent.

Surprise! Obama ignores a
law to aid his reelection

New York Daily News, by Gabriel Malor Original Article

Posted By: Photoonist- 10/1/2012 4:10:48 PM Post Reply

In case you missed it over the weekend, the Obama administration's Friday afternoon document drop was a memo from the Department of Labor telling defense contractors not to provide legally-required notice to thousands of employees that they are about to be laid off, if automatic spending cuts agreed to by the President and the Congress take effect. (Snip) When the administration first proposed this idea back in June, defense contractors patiently explained to the reelection-obsessed President that there is a law, the Worker Adjustment and Retraining Notification ("WARN") Act of 1988, that requires federal contractors to tell employees 60 days

We are the 91%

American Thinker, by Rosslyn Smith Original Article

Posted By: Photoonist- 10/1/2012 4:06:47 PM Post Reply

The most important unnoted characteristic of telephone polls (on which most of the political journalism these days seems focused -- instead of on the economy) is that 91% of people refuse to participate in them. In other words, only 9% of the population is being heard in the polls. The data and analysis are laid out by Zombie at PJ Media: One of the most amazing - and significant - statistics of this election season has gone almost completely unnoticed: Only 9% of sampled households gave an answer to pollsters in 2012

Polls Show Romney Gaining
Ground, Winning Independents

Breitbart's Big Government, by Mike Flynn Original Article

Posted By: Photoonist- 10/1/2012 4:03:31 PM Post Reply

The final act of the presidential campaign opens today with two new polls showing the race between Obama and Romney tightening. New polls, released this morning, from ABC/WaPo and Politico both show Obama's lead nationally has been cut to 2 points, 49-47. Also, in both polls, Romney leads Obama among Independents by 4 points. Obviously, if Romney is leading among independents by 4, yet trailing overall by 2 points, both polls have probably sampled more Democrats. Indeed, the WaPo poll is D+5. This is a big improvement over past WaPo polls, which assumed that Democrats would have a bigger turnout

Mexican Teenagers Killed with
Fast and Furious Weapons

Breitbart's Big Government, by AWR Hawkins Original Article

Posted By: Photoonist- 10/1/2012 3:55:24 PM Post Reply

Confirmed: Weapons from Fast and Furious were used to gun down teenagers at a birthday party in Mexico in January 2010. As news breaks that 57 more Fast and Furious weapons have been found in Mexico, it is also being confirmed that some of those weapons were used to slaughter 14 Mexican teenagers and wound 12 more near Ciudad Juarez. According to reports, a group of armed commandos parked outside a birthday party attended by high school and college students on January 30, 2010, and opened fire with some of the weapons which had been smuggled across the border during

Wind farms given £34m to switch
off in bad weather: Households
stung by secretive payments

Daily Mail [UK], by Same Greenhill & Graham Grant Original Article

Posted By: Photoonist- 10/1/2012 3:50:34 PM Post Reply

Wind farm operators were paid £34million last year to switch the turbines off in gales. Two days last week saw householders effectively hand £400,000 to energy firms for doing nothing. The arrangement compensates wind farms for the National Grid’s inability to cope with the extra energy produced during high winds. The exact structure of the payments is mired in secrecy – even though families have to carry the cost in the form of higher power bills. (Snip) ‘Wind farms are already heavily subsidised and it is only right that all payments made to wind farms to reduce output are in

Army Can’t Say What It
Pays Disgraced General to Do

Wired News, by Spencer Ackerman Original Article

Posted By: Photoonist- 10/1/2012 3:39:47 PM Post Reply

What does Army Maj. Gen. William “Kip” Ward do for a living? The Army doesn’t seem to know. It knows where Ward works: He’s an assistant to Gen. Lloyd Austin, the Army’s vice chief of staff. But substantively, the Army seems to have no idea what Ward does for his money. After a week of research, the Army’s public relations office couldn’t come up with an answer. “The Army declines to comment on what Gen. Ward’s duties are,” George Wright, the Army’s deputy director of media relations, tells Danger Room It’s an unlikely position for Ward, who 18 months ago

White House confirms cyberattack

Politico, by Tim Mak Original Article

Posted By: Photoonist- 10/1/2012 3:36:50 PM Post Reply

The White House confirmed but sought to downplay a report by a conservative website on Sunday that it had been the victim of a cyberattack, volunteering to Politico that no harm had been done. The Washington Free Beacon reported that Chinese hackers had attacked a computer system in the White House Military Office. A White House official speaking on background late Sunday confirmed there was an attempted hack but said that it affected an unclassified network, was “isolated” and that there was no evidence that any data had been stolen.

Is Obama harboring
a Bolivian rights abuser?

Global Post [Boston], by Simeon Tegel Original Article

Posted By: Photoonist- 10/1/2012 3:32:28 PM Post Reply

Lima, Peru - Bolivia’s fraught relationship with the United States has nosedived again after Washington’s apparent refusal to extradite former President Gonzalo Sanchez de Lozada back to the South American country. Sanchez de Lozada is wanted in his homeland over the slaying in October 2003 — 15 months into his second presidential term — of dozens of protesters against his plans to export Bolivia’s oil and gas reserves. (Snip) Morales, an ally of Venezuelan President Hugo Chavez, said he had received a letter from the US government justifying the decision on the grounds that “civil society cannot be held responsible

Missing sword returns to
NH Marine after 43 years

Union Leader [Manchester, NH], by Paul Feely Original Article

Posted By: nhchemist- 10/1/2012 3:31:34 PM Post Reply

TEMPLE — Flooded with political survey and endorsement calls, Nancy Cowan almost ignored the phone last Friday when an out-of-state number popped up on Caller ID. She changed her mind and answered it — and the call changed her life. The call came from Rob McGann of Billerica, Mass., asking for Nancy’s husband James. McGann claimed to have something that belonged to him, an item missing for 43 years, that he was looking to return to its rightful owner, one former Marine to another — Jim’s Marine NCO sword, lost during a move in North Carolina 43 years ago.

Why Is Benghazi Still Being Treated
as a Law Enforcement Issue?

Commentary Magazine, by Alana Goodman Original Article

Posted By: StormCnter- 10/1/2012 3:29:50 PM Post Reply

It’s been over 20 days since the attack in Libya, and while the Obama administration has finally acknowledged that it was an act of terrorism, it’s still being handled as a law enforcement issue. Reports indicate that the FBI still hasn’t been able to get into Benghazi to investigate, due to security concerns — concerns that are apparently very new, since the consulate was not heavily secured before the attack. Sen. Bob Corker sent a letter to the administration yesterday, demanding to know when and why the security situation became so perilous in Benghazi

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