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Topic: Fiscal cliff forecast:
Bad now, worse later |
Fiscal cliff forecast:
Bad now, worse later
Washington Times, by Stephen Dinan
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Original Article
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Posted By:Dreadnought, 11/8/2012 11:05:55 PM
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| As Congress prepares to try to negotiate ways to avoid the fiscal cliff, its own scorekeeper has some stark analysis: There will be pain no matter what, but ducking choices now will mean an even worse situation by the end of the decade. In two reports Thursday, the Congressional Budget Office laid out some of the options facing Washington as lawmakers return next week for a lame-duck session of Congress. But the CBO said that no matter what Congress does, the economy in the short term will struggle. “Even if all of the fiscal tightening was eliminated
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Reply 1 - Posted by:
Highvoltage, 11/8/2012 11:17:42 PM (No. 9001287)
Make no mistake, Patti Murray a Democrat has said it good to go over the cliff because that give the Dems leverage on congress. It will happen, taxes will rise sharply, the economy will falter and the country will accelerate it financial decline.
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Reply 2 - Posted by:
nonsense, 11/8/2012 11:35:19 PM (No. 9001326)
Patti Murry, isn't she the communist mom in sneakers?
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Reply 3 - Posted by:
steveW, 11/9/2012 1:26:25 AM (No. 9001425)
Create crisis. Exploit crisis as an excuse to impose socialist takeover ("for the common good"), first in part, then, inevitably, in totality. Leftist Mission Accomplished.
The 2nd term agenda, revealed.
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Reply 4 - Posted by:
Spidey, 11/9/2012 4:43:50 AM (No. 9001518)
The media is going to hype the fiscal cliff to pressure republicans to raise taxes. the problem is the increases won't make a dent in the real problem of too many government workers and the welfare class,that's where all the money is going.We're a trillion in the red on student loans but they're still shoveling them out. Housing is probably a trillion underwater at least also with extremely poor capitalization.
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Below, you will find ...
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Most Recent Articles posted by "Dreadnought"
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Senate Committee Poised
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Posted By: Dreadnought- 5/20/2013 10:17:46 PM
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Steve wrote this morning about a hearing being held this week by the Senate Permanent Subcommittee on Investigations, in which Apple’s CEO, Tim Cook, will testify tomorrow. The subcommittee apparently is trying to highlight supposed tax avoidance on the part of American companies, as the Associated Press reports: Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world’s most valuable company is holding overseas some $102 billion of its $145 billion in cash, and an Irish
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Rep. Sheila Jackson Lee
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Breitbart´s Big Government, by Brandon Darby
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Posted By: Dreadnought- 5/20/2013 10:06:28 PM
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Congresswoman Sheila Jackson Lee (D-TX) asked Attorney General Eric Holder to investigate election integrity org True the Vote and its associated Tea Party group, King Street Patriots, immediately before the IRS and DOJ began targeting the group in June 2010. Rep. Jackson Lee sent a letter to Holder which alleged that True the Vote was intimidating voters and their election monitors were crossing the line in unspecified “instances” of voter intimidation. The letter went on to directly assert that the “alleged events” were factual and that the True the Vote effort was behind the crimes
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Gunmaker tops list
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Washington Times, by Tom Howell Jr.
Original Article
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Posted By: Dreadnought- 5/20/2013 9:54:52 PM
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Gunmaker Smith & Wesson tops the list of best businesses in bright blue Massachusetts — after not making the list at all last year — a new report in the Boston Globe found. The 161-year-old company, based in a state with some of the stricter gun control laws in the nation, tried to diversify its holdings by acquiring a security company in recent years, only to do an “about-face” by focusing on its product line, the newspaper said in its explanation of the Springfield firm’s top spot. “We went back to what we do best, which is handguns,”
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Original Article
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Posted By: Dreadnought- 5/20/2013 9:49:35 PM
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Journalists, First Amendment watchdogs and government transparency advocates reacted with outrage Monday to the revelation that the Justice Department had investigated the newsgathering activities of a Fox News reporter as a potential crime in a probe of classified leaks. Critics said the government’s suggestion that James Rosen, Fox News’s chief Washington correspondent, was a “co-conspirator” for soliciting classified information threatened to criminalize press freedoms protected by the First Amendment. Others also suggested that the Justice Department’s claim in pursuing an alleged leak
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Weekly Standard, by Mark Hemingway
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Posted By: Dreadnought- 5/20/2013 9:30:25 PM
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Perhaps no other IRS official is more intimately associated with the tax agency´s growing scandal than Lois Lerner, director of the IRS’s Exempt Organizations Division. Since admitting the IRS harassed hundreds of conservative and Tea Party groups for over two years, Lerner has been criticized for a number of untruths—including the revelation that she apparently lied about planting a question at an American Bar Association conference where she first publicly acknowledged IRS misconduct. Still, Lerner has her defenders in the government and the media. Shortly after the scandal broke, The Daily Beast published an article headlined "IRS Scandal’s Central
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Obama administration mistakes
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Washington Post, by Eugene Robinson
Original Article
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Posted By: Dreadnought- 5/20/2013 9:24:12 PM
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The Obama administration has no business rummaging through journalists’ phone records, perusing their e-mails and tracking their movements in an attempt to keep them from gathering news. This heavy-handed business isn’t chilling, it’s just plain cold. It also may well be unconstitutional. In my reading, the First Amendment prohibition against “abridging the freedom .?.?. of the press” should rule out secretly obtaining two months’ worth of the personal and professional phone records of Associated Press reporters and editors, including calls to and from the main AP phone number at the House press gallery in the Capitol
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Tea party looks to take
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Associated Press, by Thomas Beaumont
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Posted By: Dreadnought- 5/19/2013 11:02:05 PM
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DES MOINES, Iowa — Is the tea party getting its groove back? Shouts of vindication from around the country suggest the movement´s leaders certainly think so. They say the IRS acknowledgement that it had targeted their groups for extra scrutiny — a claim that tea party activists had made for years — is helping pump new energy into the coalition. And they are trying to use that development, along with the ongoing controversy over the Benghazi, Libya, terrorist attacks and the Justice Department´s secret seizure of journalists´ phone records, to recruit new activists incensed about government overreach.
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Most Active Articles (last 48 hours)
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Analyze this
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Power Line, by Scott Johnson
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Posted By: MissMolly- 5/19/2013 11:33:33 AM
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What did President Obama do on the evening of 9/11/12 when our men were under attack in Benghazi? The invaluable Andrew McCarthy reminds us that Obama and Secretary Clinton had a 10:00 p.m. phone call of which many (including, I think, Chris Wallace) have lost sight. This morning when Wallace asked Obama aide Dan Pfeiffer what Obama was up to that evening, Pfeiffer declared the line of inquiry “offensive.” Translation: Obama and his minions would prefer to “move on” and are warning the likes of FNC off:(Snip for video)The Weekly Standard’s Daniel Halper has posted the rush transcript
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Obama: "As An African American
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Real Clear Politics, by Staff
Original Article
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Posted By: Desert Fox- 5/19/2013 6:55:47 PM
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PRESIDENT OBAMA: You are the mantle of Frederick Douglass and Booker T. Washington and Ralph Bunche and Langston Hughes and George Washington Carver and Ralph Abernathy and Thurgood Marshall and, yes, Dr. Martin Luther King Jr. These men were many things to many people and they knew full well the role that racism played in their life. But when it came to their own accomplishments and sense of purpose, they had no time for excuses. Every one of you has a grandma or an uncle or a parent whose told you at some point in life
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White House Chief of Staff knew about
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New York Post, by S.A. MILLER
Original Article
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Posted By: FlyRight- 5/20/2013 4:15:03 PM
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WASHINGTON – The Internal Revenue Serviced scandal today spread further within the White House and closer to President Obama. White House spokesman Jay Carney today disclosed that Obama’s chief of staff, Dennis McDonough, and other top White House officials had advance warning that the IRS was targeting conservative groups. But he insisted McDonough and the other White House officials purposely kept Obama out of the loop.McDonough “rightly chose not to take action” to inform Obama, Carney told reporters at the daily White House briefing.
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BREAKING: WashPost Reports
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Newsbusters, by Tim Graham
Original Article
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Posted By: drive- 5/20/2013 7:29:20 AM
Post Reply
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The Washington Post on Monday reported that Obama’s Department of Justice was investigating journalists before they started wiretapping the Associated Press – for one, Fox News correspondent James Rosen in 2010. Their headline wasn´t "Obama Team Also Spied on Fox News." Fox wasn´t in the headline, on A-1 or on A-12, where the story continued. Newly obtained court documents “reveal how deeply investigators explored the private communications of a working journalist — and raise the question of how often journalists have been investigated as closely as Rosen was in 2010.” Reporter Ann Marimow began:
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Candy Crowley: Is it Possible
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Newsbusters, by Noel Sheppard
Original Article
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Posted By: JoniTx- 5/19/2013 3:54:02 PM
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"Can you see in your mind´s eye a way that this might not have been political, that this was a misguided stupid way to sort, but that they didn´t intend it to be some kind of political attempt to harass the Tea Party?" So actually asked CNN´s Candy Crowley of her guest Sen. Rand Paul (R-Ky.) concerning the Internal Revenue Service scandal Sunday (video follows with transcript and commentary):CANDY CROWLEY, HOST: Moving on to the IRS problem at this moment, which is really sort of in its infancy. There will be lots more hearings coming up this week
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White House Aide calls
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New York Times, by Brian Knowlton
Original Article
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Posted By: FlyRight- 5/20/2013 7:01:33 AM
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A senior adviser to President Obama mounted a combative defense of the administration on Sunday, saying the controversies enveloping the White House were the result of Republican lawmakers’ trying to “drag Washington into a swamp of partisan fishing expeditions, trumped-up hearings and false allegations.”The remarks came from Dan Pfeiffer, a member of the president’s inner circle, as he appeared on all five major Sunday morning talk shows in an effort to move the administration past what commentators have described as a “hell week” of controversy and missteps.
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If Your Doctor Asks You About
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Fox News, by Staff
Original Article
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Posted By: KarenJ1- 5/20/2013 1:12:07 PM
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Stuart Varney said this morning on "Varney & Co." that one of his producers was given a questionnaire with some surprisingly intrusive questions on it when he switched doctors. One of the questions was whether he/she was concerned about unsecured weapons in the home. Another asked whether he/she was "in a relationship in which you have been physically hurt or are you afraid of your partner?" Judge Andrew Napolitano explained that the question about guns comes out of a post-Sandy Hook executive order by President Obama, but it will be required under Obamacare. Varney expressed amazement
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