First things first. At 12:00:00 a.m., we go over the fiscal cliff. And at 12:00:01 a.m., most Americans will be talking about the new year, not the new fiscal regime. That´s entirely appropriate. In theory, midnight will usher in huge policy shifts: The tax code will return to what it was in the Clinton era, while a series of automatic spending cuts will begin to take effect. (snip) It’s as if President George W. Bush finally won—the tax cuts he’d always wanted would be staying on the books indefinitely, "starving the [government] beast" of the resources it needs to survive.
Comments: Jonathan´s point is that Bush won by making most of his tax rates acceptable by both sides. The question is, would it have been better to negotiate budget cuts and the debt limit increase with or without the deal.
Add to the "idiot list" all those who continue to perpetuate the myth that these are tax increases on the rich (or the wealthy). They are not. They are tax rate increases on income. Income and wealth are not the same thing even if the Democrats, The New Republic, the GOP, and Fox News don´t know any better. When are we going to stop using the Left"s lexicon? It is no wonder that the "low-information" voter doesn´t get it.
G.W. Bush´s reign as the worst president in American history was shortlived with the inaugauration of Barack Obama. Of course, one could argue that Bush´s brand of big-government, big-regulating, big-spending brand of liberalism made a monster like Obama possible.
The General Motors bailout may have cost the government $10 billion, but GM CEO Dan Akerson rejects any suggestion that the company should compensate for the losses. He says Treasury officials took the same risk assumed by anyone who purchases stock. "I would not accept the premise that this was a bad deal," Akerson said during a question-and-answer session at the National Press Club in Washington. He also said the government´s $49.5-billion aid to GM helped save billions of dollars in tax revenue and government social services. Akerson spoke in the wake of Treasury announcement last week that it sold
Along the winding muddy waters of the Mekong Delta where he once patrolled for communist insurgents on a naval gunboat, Secretary of State John Kerry turned his sights Sunday on a new enemy: climate change. In this remote part of southern Vietnam, rising sea waters, erosion and the impact of upstream dam development on the Mekong River are proving a more serious threat than the Viet Cong guerrillas that Kerry battled as a young lieutenant in 1968 and 1969. "Decades ago on these very waters, I was one of many who witnessed the difficult period in our shared history," Kerry told a
Alabama kicker Cade Foster missed three field goals in the Crimson Tide’s 34-28 loss to Auburn in the Iron Bowl on Nov. 30. Due to Foster’s struggles, ‘Bama coach Nick Saban sent freshman kicker Adam Griffith out to attempt a 57-yard field goal with one second left to play — the missed field goal that Auburn’s Chris Davis eventually returned 109 yards for the improbable game-winning touchdown. Many fans attacked Foster on Twitter for his play against the Tigers. However, the senior received support from one unlikely source: Former U.S. President George W. Bush. According to a photo posted by Foster
It is possible to view the prospect of the 2022 World Cup in Qatar with concern, even horror. It is also possible to admire the drive and single-mindedness the emirate has shown in pursuing its dream to host the tournament. This dream – to use a word used prominently in Qatar’s promotional campaign – is nothing less than the stunning, self-willed transformation of a micro-state (it’s smaller than Connecticut) that was under British rule until 1971, when its population was less than 100,000 (it’s close to 2 million now). Qataris were mocked by their neighbors as backward desert-dwellers, barely settled
The prosecutor overseeing the investigation of sexual assault allegations against Florida State quarterback Jameis Winston said Wednesday that it is completed. State Attorney Willie Meggs has scheduled a news conference at 2 p.m. Thursday in his office to announce his findings. Meggs said investigators have learned as much as they can about the December 2012 incident. "We think we have exhausted all investigative tools," he said. Winston has led the Seminoles to the No. 1 ranking, and they will play for a conference title Saturday, with a shot at the national crown. The quarterback also is the leading candidate for the
For months, all eyes in the sky have pointed at the comet that´s zooming toward a blisteringly close encounter with the sun. The moment of truth comes Thursday — Thanksgiving Day. The sun-grazing Comet ISON, now thought to be less than a mile wide, will either fry and shatter, victim of the sun´s incredible power, or endure and quite possibly put on one fabulous celestial show. Talk about an astronomical cliffhanger. Even the smartest scientists are reluctant to lay odds. Should it survive, ISON, pronounced EYE´-sahn, would be visible with the naked eye through December, at least from the Northern
The Anthem Blue Cross representative who answered my call told me that there was a silver lining in the cancellation of my individual P.P.O. policy and the $5,400 annual increase that I would have to pay for the Affordable Care Act-compliant option: now if I have Stage 4 cancer or need a sex-change operation, I’d be covered regardless of pre-existing conditions. Never mind that the new provider network would eliminate coverage for my and my son’s long-term doctors and hospitals. The Anthem rep cheerily explained that despite the company’s — I paraphrase — draconian rates and limited network, my benefits,
Is this man simply expressing his beliefs or spewing bigotry?Either way, Phil Robertson, the patriarch in A&E´s "Duck Dynasty," won´t be duck calling on air anytime soon. The network suspended him after slamming gays in a magazine interview. In the January issue of GQ, Robertson said homosexuality is a sin and puts it in the same category as bestiality and promiscuity. "It seems like, to me, a vagina -- as a man -- would be more desirable than a man´s anus. That´s just me. I´m just thinking: There´s more there! She´s got more to offer. I mean, come on, dudes! You know
A&E broke its silence on Duck Dynasty star Phil Robertson’s anti-gay comments late Wednesday. The cable network announced Robertson is off the hit show for the time being. The network issued the following statement to EW: “We are extremely disappointed to have read Phil Robertson’s comments in GQ, which are based on his own personal beliefs and are not reflected in the series Duck Dynasty. His personal views in no way reflect those of A+E Networks, who have always been strong supporters and champions of the LGBT community. The network has placed Phil under hiatus from filming indefinitely.”
Senate Majority Leader Harry Reid was hospitalized early Friday morning as a “precaution” after feeling ill, a spokesman said, adding that doctors concluded "everything is normal" after testing. “Early this morning, Senator Reid was not feeling well and as a precaution decided to go to the hospital. Tests have been conducted and everything is normal. He is alert, resting and feeling better,” spokesman Adam Jentleson said in a statement. "Doctors have asked that he remain in the hospital for observation so he will not be working today." The Senate is set to finish its business for the year on Friday.
For a few hours, it looked like Americans would quietly accept the suspension of popular “Duck Dynasty” star Phil Robertson for his unfiltered opinions about sin, sex, gays and blacks in a magazine interview. But then, as if on cue, hundreds of thousands of fans of the openly Christian, duck-hunting businessman took to social networks and started their backlash. As of Thursday night, more than 1.1 million people “liked” the “Stand With Phil Robertson” Facebook page, while about the same number had clicked their support for another Facebook page called “Boycott A&E Until Phil Robertson Is Put Back On Duck
The suspension of Phil Robertson from A&E’s Duck Dynasty is outrageous in a nation that values freedom, according to social critic and openly gay, dissident feminist Camille Paglia. “I speak with authority here, because I was openly gay before the ‘Stonewall rebellion,’ when it cost you something to be so. And I personally feel as a libertarian that people have the right to free thought and free speech,” Paglia, a professor at the University of the Arts in Philadelphia, said on Laura Ingraham’s radio show Thursday. “In a democratic country, people have the right to be homophobic as well as they have
The Obama administration Thursday night significantly relaxed the rules of the health-care law for millions of consumers whose individual insurance policies have been canceled, saying they could buy bare-bones health plans or entirely avoid the requirement that most Americans have health insurance. The surprise announcement, four days before the Dec. 23 deadline for people to choose coverage that begins on Jan. 1, triggered an immediate backlash from the health insurance industry and raised new fairness questions about a law intended to promote affordable and comprehensive coverage. “This type of last-minute change will cause tremendous instability in the marketplace and lead
O ne year removed from re-election, President Obama´s approval rating has sunk to the lowest level of his presidency. Furthermore, Obama´s popularity among the Democratic Party base — whose rejuvenated support proved crucial last November — took a huge hit this past year. Only 54 percent of self-described liberals "very strongly" approve of Obama´s job performance, according to a Pew survey released this week. That´s down from an all-time high of nearly 90 percent, and a significant decline from the 73 percent who strongly approved of the president back in June. Why the steep drop? Well, the first year of Obama´s second term