This morning the Obama administration´s "National Economic Council & Council of Economic Advisers" jointly released "The Middle-Class Tax Cuts´ Impact on Consumer Spending & Retailers." Among the howlers in this non-economic political document: "Independent Economic Analysis Clearly Demonstrates Why We Need to Extend the 2001/2003/2010 Tax Cuts for the Middle-class." But not everyone else? Don´t high income-earners spend money too? The primary thrust of the administration´s release is that, in regards to negotiations to avoid the "fiscal cliff," is the predictable class warfare clarion call, complete with kidnapping-related rhetoric: "There is no reason to hold the middle-class hostage
A new poll finds the public views the looming “fiscal cliff” as a serious crisis for the nation and would blame Republicans more than President Obama if Washington fails to reach a deal. Forty-five percent surveyed in a new CNN/ORC poll said they would blame congressional Republicans if there is no agreement, with 34 percent pointing the finger at Obama. Two-thirds say the U.S. would experience serious problems if the combination of tax rate increases and automatic spending cuts expected in January take effect.
On the day before Thanksgiving, Barack Hussein Obama issued a Presidential Memorandum, or an unofficial directive to the heads of departments and agencies under the executive branch. This Presidential Memorandum, the text of which is only 183 words, directs agency and department heads to establish a program “to deter, detect, and mitigate actions by employees who may represent a threat to national security.” Much like all of Obama’s other directives, Executive Orders and findings, there is a disturbing level of ambiguity contained within this memorandum. One could correctly state that the obvious intent of this
The jockeying for Senate races in 2014 has already begun. West Virginia GOP congresswoman Shelley Moore Capito will announce today her plans to challenge 75-year-old Democratic incumbent Jay Rockefeller. The early move is clearly an attempt to nudge into retirement a liberal Democrat who is increasingly out of step with his state. West Virginia, once solidly Democratic at the presidential level, gave President Obam a only 35 percent of the vote this year, down from 43 percent in 2008. The West Virginia Poll taken last August shows just how vulnerable Rockefeller is to a Republican challenge.
Leno: Good news for the economy. President Obama is out of town. Fallon: iPhone texting was down for five hours the other day. It was a disaster! People had to actually call someone to lie about being “five minutes away." Fallon: This isn’t good. Police in upstate New York are looking for a man who stole a truck carrying 350 Christmas trees. So keep that in mind over the next few weeks, if you see anyone selling a bunch of Christmas trees on the street.
No new word from President Obama on this important issue. But presumably he´ll follow Joe Biden´s lead again, as Obama did earlier this year when the vice president announced his firm support for same-sex marriage, stealing Obama´s LGBT publicity thunder for himself.
We went to see the film Lincoln this past weekend. Until reading David Brook’s stupid column about the film, I was unsure that I knew enough to comment intelligently about the film. I apparently know at least as much as Brooks and therefore offer the following in the way of notes for interested readers. Let me say up front that the film deserves to be seen and, in my view, makes an important contribution to understanding Lincoln. Directed by Steven Spielberg, with a screenplay by Tony Kushner, the film focuses
LOS ANGELES — It’s not easy to find a fresh way to photograph Oprah Winfrey. That’s why the editors of O, The Oprah Magazine, recently tried to create a shot that recalled the glory days of Ms. Winfrey’s syndicated talk show. They arranged to photograph her for its April 2013 issue as she stepped onstage to speak to 5,000 attendees at the magazine’s annual conference, a New Age slumber party of sorts for women held at the convention center here last month.
Even on the heels of November’s epic losses, the often-beleaguered Massachusetts GOP is heading into anticipated high-profile races with two power players — U.S. Sen. Scott Brown and former gubernatorial candidate Charlie Baker — setting up a potential GOP standoff over who will lead the embattled party in upcoming election showdowns. “I think that Republicans are depressed with the outcome of the last election, but the good news is we have really strong candidates,” said Richard Tisei, a Wakefield Republican who shared the ticket with Baker in the last gubernatorial election and narrowly lost
Any Republican refusal to accept President Barack Obama’s fiscal plan may ruin Christmas for the nation’s retailers, the White House claimed in a report released Monday morning. “The National Retail Federation is forecasting that holiday sales will grow 4.1 percent this year … [but] if Congress does not act on the President’s plan to extend tax cuts for the middle-class, it will be risking one of the key contributors to growth and jobs in our economy at the most important time of the year for retail stores,” says the report, which was prepared by the Obama White House’s
JERUSALEM – Israeli Defense Minister Ehud Barak on Monday abruptly announced he was quitting politics, shaking up the country´s political system just weeks ahead of general elections. Barak, a decorated former general and one-time prime minister, said he would stay on in his current post until a new government is formed following the Jan. 22 balloting. "I didn´t make this decision without hesitating, but I made it wholeheartedly," he told a hastily arranged news conference, saying he had been wrestling with the decision for weeks. Barak´s resignation could mean the departure of the most moderating influence
Collectivists of the Washington establishment, representing both major parties, have analyzed the 2012 election results and come to a lovely conclusion: old white men are the problem. The only difference of opinion between the two factions regards how one ought to handle it. (snip) Republican experts, as the reluctant stewards of these cantankerous fogies, are more circumspect: they merely want to leave Grandpa ranting in the corner with his talk radio shows
Washington - The White House could finally have its chance to close the books on its Benghazi public relations disaster, as key Republicans signal they might not stand in the way of U.N. Ambassador Susan Rice to become the next secretary of state. "I think she deserves the ability and the opportunity to explain herself and her position," Sen. John McCain, R-Ariz., told "Fox News Sunday." ´´But she´s not the problem. The problem is the president of the United States," who, McCain said, misled the public on terrorist involvement. Rice is widely seen as President Barack Obama´s top pick
For a number of years now, a number of critics of the American system of higher education have rightly insisted that there is a "bubble" in the system, with more and more students running up loans in amounts they will find difficult to pay back. This bubble has been fueled by the federal government´s lavish subsidization of the student loan program (which was nationalized four years ago), in a way similar to how the housing bubble was fueled by government agencies pushing subprime mortgages. This extensive government largess has produced a number of unintended
UK Foreign Secretary William Hague has called for a "decisive lead" from the United States in seeking a solution to the Israeli-Palestinian conflict. "Some good" could come out of the Gaza crisis, he argued, if it was possible to open access in and out of Gaza and halt weapons smuggling into the area. Palestinian Authority President Mahmoud Abbas is set to ask the UN to back a bid for non-member observer state. Israel opposes the plan which it says breaches the 1993 Oslo Accords. Mr Abbas´s departure for the UN on Monday comes days after the end of hostilities between
Let the Blood Games continue. Only weeks after election 2012 and years before election 2016, in a routine interview, a glossy pop magazine popped Florida Senator Marco Rubio with an oddball question: How old do you think the earth is? Rubio responded a bit clumsily and noncommittally. Smelling blood and opportunity, the wolf pack bared fangs and chased. Their game is either to force Rubio to affirm a personal belief the earth is 4.5 billion years old—disturbing some of his religious supporters--or to mock and stigmatize him and others who could harbor any delusional uncertainty
In a recent interview, Senator Marco Rubio, the Republican front-runner for 2016, was asked, "How old do you think the Earth is?" It´s a ridiculous question of utter irrelevance to the status of the country and whether Marco Rubio would be a good president. Rubio´s answer was excellent: "I´m not a scientist, man. I can tell you what recorded history says, I can tell you what the Bible says, but I think that´s a dispute amongst theologians and I think it has nothing to do with the gross domestic product or economic growth of the United States.
Arms and explosives search dog Treo has saved countless lives in Afghanistan. His handler David Heyhoe tells his story. Setting off into the dawn sunlight, Treo and I are out front doing the lonely walk. We dog handlers say that emotions run up leash and down again. We had just lost our first soldier--killed by a roadside improvised explosive device (IED)--and Treo could sense that I wanted payback. Treo was hyper-alert and raring to go. It was a good thing. We´d been out for several days now and the Taliban would know the paths we´d use to get back to base.
Israel´s Defense Ministry and the US´s Missile Defense Agency have completed the first round of tests on the Magic Wand system. The test was reportedly successful raising the chances of future investment. The interceptor missile system is being developed for the Defense Ministry by Israel´s Rafael Advanced Defense Systems and the US´s Raytheon Co. It was designed to intercept Hezbollah missiles fired from Lebanon. Israel is counting on the system to become the centerpiece of its air defense layout and provide a solution for a variety of short-range ballistic missiles, large caliber rockets and cruise
Republicans in Congress are under tremendous pressure to cave in to President Obama’s demand for tax hikes by December 31. These tax hikes are projected to generate $823 billion in additional revenues, and save another $127 billion in interest payments, for a cumulative reduction of $950 billion in the national debt over 10 years, according to the left-wing Center for Budget and Policy Priorities. Ten-year budget projections are notoriously unreliable, but the White House estimates budgets for five years. By 2017, the administration projects that the national debt will be more than $21 trillion
Who says that there are no great investments anymore? Sure the Stock Market might be uneven, but while free enterprise might be going to the dogs, there’s still one solid investment. Obama (OBM) whose shares just keep rising until the bubble bursts and he runs out of Chinese money to buy off his donors with. Peter Schweizer, president of the Government Accountability Institute, said President Barack Obama had a “recycling” program that used crony capitalism to reward its campaign contributors, who would then funnel money back to the Obama campaign.
This year may mark Oreo’s 100th birthday, but 2012 will go down in Oreo infamy for another reason: the Candy Corn Oreos. The much buzzed about limited time-only cookies tricked, or treated, those who dared to try them. Back in the beginning of October, I tried unsuccessfully to get my hands on those elusive Candy Corn Oreos, but it seemed that I had missed the boat. During my search, I noticed that there were more varieties of Oreos than just Double Stuffed and Mini Oreos. A significant portion of the cookie row
Ukip leader Nigel Farage today rejected a deal aligning his party with the Tories and launched all-out electoral war with David Cameron. Mr Farage declared there would be "no deal with the Tories" in reaction to proposals by Conservative vice-chairman Michael Fabicant to launch an electoral pact with Ukip. Mr Fabricant, who is in charge of parliamentary campaigning is today set to urge Prime Minister David Cameron to make a commitment on a referendum on membership of the EU in return for a promise from Ukip not to field candidates at the next general election. He argues that the Tories
Although the intelligence community knew from Day One that al-Qaeda terrorists were responsible for the deadly Benghazi consulate attack, someone cut references to “al-Qaeda” and “terrorism” from the overview they released on September 14th. Instead, those talking points said that: “…demonstrations in Benghazi were spontaneously inspired by the protests at the U.S. Embassy in Cairo and evolved into a direct assault.” And just who was that “someone”? Well, while we still don’t know exactly who pushed the delete key, we apparently do have a fall guy. According to CBS News,
Problems in society are rarely solved by Washington bureaucrats yet they seem to have taken the adage, ‘if at first you don’t succeed, try, try again’ to heart. Accordingly, the government is addressing the nation’s growing obesity epidemic with a regulation: Section 4205, the menu labeling provision attached to ObamaCare meant to “aid consumers in selecting more healthful diets.” As currently written, however, the regulation will likely have job-killing effects and result in little, if any, significant reductions in obesity rates and/or improved health. The provision requires chain restaurants with 20 or more locations,