President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%. “We should not hold the middle class hostage while we debate tax cuts for the wealthy,” Mr Obama said. The US faces an end-of-year “fiscal cliff” of spending cuts and tax rises. The fiscal cliff would see the George W Bush-era tax cuts expire
Comments: Don´t you love the way he thinks he knows best? /s I´d like to know what his idea of ´modest´ is.
Since he claimed that renewing the Bush tax rates would "cost" $1 trillion, I take that to mean that his idea of a "modest" tax increase is $1 trillion. Apparently he is still into the choom, and some pretty potent stuff at that.
If Bob Obama gets his tax increase on the wealthy, after a few months he´ll say it wasn´t enough, and now they´ll have to increase the taxes on the middle class. And once the camel´s nose is under the tent, the rest of the camel is soon to follow.
Hey, he´s already told us revenue is immaterial. The idea is to hit "the wealthy."
Period. It´s impossible for "the wealthy" to get without "taking" from the noble, deserving, oppressed poor. Or so it goes in the alternate universe of the Left.
We have got to stop seeing Obama as "another politician," further Left than most. We have got to stop responding and engaging as though this is just "more politics. We have got to fight, tooth and nail, 24/7, no quarter. We have got to get this mind-set in place right now.
I am totally at fear to even recognize this, but a monumentous meltdown of the economy and/or a major terror attack on our soil appears to maybe the only thing to wake up the idiots who voted for this moron.
Seriously, BO and his entire admin. has zero clue regarding economics or even basic math.
I get it tax the producers and pay it back to the takers. Yea that is it...now the economy is going to soar.
When Obama caved on the Bush tax cuts a couple years ago,he got one hell of a backlash from his base,that´s why he´s sticking so hard to it now.Calling it the "Bush tax cut for the rich"really inflames the left and they´ll all rally around getting rid of them till the cows come home. Obama won´t accept another kind of tax increase because he specially wants to nail Bush´s.
Then the left has the gall to run around and say the rich don´t pay their fair share when every pie chart shows they pay the overwhelming portion of income taxes.
We´re always told raising cigarette taxes is to help people quit,yet 1 in 5 people in this country still smoke.
Our kids make 250,000 on a W-2. But they get lumped into the millionaires and billionaires. They are thinking life sucks. They aren´t able to hide income, or at least take advantage of tax rules. And because they are rich the homestead deduction is gone and they can´t claim their kids. When the gov´t comes for the top 10% instead of the top 2%, know that is $60,000 and up.
The wealthy will ride him out.They will sell this year and figure ways to delay compensation. There will be a lot of people making 249000. The problem that he has is how to keep his breeding farms in the cities as tax revenues decline.He will print money and make our dolllar worthless.
And, as the wealthy squirrel away their wealth or wave bye bye as they exit the country, and take their industries that provided jobs, with them, obama continues to swirl down the toilet of really bad ideas. Should we be studying what happened in rhodesia for a road map of what obama has in mind for the USA?
If you need revenue, you´ll get more by moving everyone back to the Clinton tax rates. As President Obama has said, everyone should have skin in the game. And Medicare and Social Security are losing money each year, so the Payroll Tax Holiday must end. And more money will come in from the Obamacare taxes. With all those taxes, even Obama ought to be able to cut spending until there is no deficit. For 4 years Obama has claimed there is no link between taxes and economic health. Let run the experiment and find out. If the country crashes, we´ll reinstate the Bush rates permanently.
A witness in the case of the murder of Venezuelan Ambassador Olga Fonseca in Kenya 2012 told a court in Nairobi on Wednesday that the diplomatic mission would use the diplomatic bag for drug-trafficking purposes. "I am aware that the embassy was used to traffic drugs using the diplomatic bag," said former embassy driver Kevin Lameck, AFP reported. Fonseca, aged 57, was found strangled to death in her residence in Nairobi in July 2012. Seven people have been accused in the case, including Dwight Sagaray, the then first secretary of the embassy. Lameck´s statement was issued during cross-examination by Sagarya´s defense Lawyer Katwa Kigen.
A group of 25 people identified as members of Colombian rebel National Liberation Army (ELN) evicted some 150 people out of a tourist resort south Táchira state, specifically in La Espuma town, southwest Venezuela, local press reported. According to newspaper El Diario de Los Andes, the troops carried rifles and were dressed in military uniforms. They kicked people out of their rooms. They asked for the owner´s location and ordered people to leave, saying "this is ours now." El Diario de Los Andes informed the guerrilla group gave inhabitants until Monday to leave town, claiming it was now under the ELN´s control. Based
Socialism: Venezuela´s President Nicolas Maduro unveiled his big plan for socialism Monday night, just as a blackout engulfed the country. Sure, it´s comical. But it´s less so upon realizing that California may see the same thing. The downward slide in Caracas is becoming more of a cautionary tale than just a freak show of Stalinist communist throwbacks run wild. In California, energy officials warn that the state and others like it face a catastrophic collapse of its power grid due to the many green energy schemes that have made managing energy flow difficult. "Energy officials worry a lot these days
Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits. The Supermarkets association has anticipated its members will not open their stores on Wednesday unless police forces are back patrolling the streets of Argentina´s third largest city which is also an important manufacturing pole. Television film showed mostly youngsters breaking into supermarkets and robbing food, drinks and electronics, while the stores were defenseless. Women could also be seen.
ZAGREB, CROATIA – A majority of Croatians voted in a referendum Sunday to ban gay marriages in what is a major victory for the Catholic Church-backed conservatives in the European Union´s newest nation. The state electoral commission, citing initial results, said 65 percent of those who voted answered "yes" to the referendum question: "Do you agree that marriage is matrimony between a man and a woman?" About 34 percent voted against. The result meant that Croatia´s constitution will be amended to ban same-sex marriage. The vote has deeply divided Croatia. Liberal groups have said the referendum´s question infringes on basic human rights. The
KIEV, Ukraine — Enraged by a violent crackdown by security forces, Ukrainians took to the streets with new, revolutionary urgency on Sunday, with hundreds of thousands of protesters demanding the resignation of President Viktor F. Yanukovich and a realignment of the country away from Russia toward Europe. “I want the authorities to know that this is not a protest; this is a revolution!” Yuri V. Lutsenko, a former interior minister and an organizer of the Orange Revolution nine years ago, told a vast crowd here in Independence Square that many observers said outstripped even the biggest gatherings in 2004.
No end to Venezuelan president Nicolas Maduro oral bloopers. In campaign for the municipal elections of 8 December and in the midst of an economic war on big business of which it accuses of promoting inflation and destabilizing his government, a self confession or “sincericide” (a blend of sincerity and suicide) became the delight of social networks ant twitters. In the midst of a fiery and passionate speech he said “capitalists speculate and steal as we do”. “I want to tell shop owners of this country, small and medium, these shop owners that you know so well from your neighborhood, they
Politics: Eighty million Americans are losing health insurance, and 26 million are jobless. But lefty Rep. Linda Sanchez has made oppression of gay and transgender Latinos her priority. Seems the smaller the cause, the better. At a field hearing attended by all of 20 people in Los Angeles on Monday, the California Democrat bemoaned all the time spent on matters such as the slow economy, runaway government spending, the millions losing their insurance under Obama-Care and the 7.8% unemployment rate. Such issues, the congresswoman believes, are diverting attention from problems experienced by lesbian, gay, bisexual and transgender Latinos and Latinas. But then, that
LOS ANGELES — They began showing up at dusk last week, wandering the streets, slumped in wheelchairs and sitting on sidewalks, paper plates perched on their knees. By 6:30 p.m., more than 100 homeless people had lined up at a barren corner in Hollywood, drawn by free meals handed out from the back of a truck every night by volunteers. But these days, 27 years after the Greater West Hollywood Food Coalition began feeding people in a county that has one of the worst homeless problems in the nation, the charity is under fire, a flashpoint in the national debate
Former Utah Gov. Jon Huntsman (R) left the door open to another presidential run during a Monday panel in New Hampshire. Asked whether he ever thinks about running again — Huntsman dropped out of the 2012 Republican primary after finishing third in New Hampshire — he suggested he hadn´t ruled out the option. He closed a long response to the question, posed at Saint Anselm College, by saying: "Which is a long way of saying that I love public service. I´ll always be committed to public service. And as an itinerant public servant, from time to time, it´s hard to know where
Washington - Only four out of 10 Americans believe President Barack Obama can manage the federal government effectively, according to a new national poll. And a CNN/ORC International survey released Monday morning also indicates that 53% of Americans now believe that Obama is not honest and trustworthy, the first time that a clear majority in CNN polling has felt that way. According to the survey, conducted last Monday through Wednesday, 40% say the President can manage the government effectively. That 40% figure is down 12 percentage points from June and is the worst score Obama received among the nine personal
Justice: As our "friends" in Pakistan trump up new charges against the doctor who was pivotal in the demise of Osama bin Laden, America does nothing. Have we no honor left at all? Ten years of warfare across the globe, billions in treasure and thousands of American service members´ lives — all to hunt down the most heinous terrorist who ever lived. But what that victory came down to was the brave cooperation of one courageous individual. Dr. Shakil Afridi worked with the Central Intelligence Agency to persuade members of the bin Laden family
President Obama will cast growing income inequality and a decline in economic mobility as a “fundamental threat to the American dream” during a speech Wednesday in Washington. The speech will serve as an early preview for next year’s State of the Union address, according to a White House official, who said Obama would focus much of his energy over the next three years on the issue. “The decisions we make over the next few years will determine whether or not our children will grow up in an America where, if you work hard, you can get ahead,” the official said.
Good stuff from Jonathan Turley at today’s House hearing on executive power, although I regret that I couldn’t find a more user-friendly format for you to watch. There’s no compilation clip; you’ll have to make do with the C-SPAN embed by fast-forwarding to the time cues I give you and being patient while the vid buffers (and buffers, and buffers).(Snip)That brings us to point two: Even if Congress can’t stop Obama, the courts can. The problem there, though, says Turley, is that O and the DOJ have argued successfully in many cases that no one has standing to sue him
During a presentation at the White House in which President Barack Obama touted the benefits of the Affordable Care Act, the president declared that his signature health care reform law was not going to be repealed. This assertion led his administration members, his staff, and audience members to rise from their seats and give the president a standing ovation. Obama said that ACA opponents’ alternative to the health care reform law is to champion repeal and going back to the health care delivery system status quo ante. He specifically cited Sen. Mitch McConnell (R-KY) who he said was asked directly for
A woman has revealed how difficult it is to eat healthily and stay full when living off an average food stamp budget. Melinda Moulton, from Huntington, Vermont, was one of 200 people to take part in the 3Squares Challenge, which saw her living for a week on just $36 worth of food, or around $1.71 a meal. Opting to try and eat as healthily as possible, Ms Moulton resorted to cheap foods like yogurt for breakfast, two handfuls of peanuts for lunch and lentil stew for dinner, all of which left her unsatisfied.´I don´t know how people do it,´ said
Just over two weeks ago, MSNBC host Martin Bashir delivered a harsh piece of commentary that culminated in the suggestion that someone should “s-h-i-t” in former Alaska Governor Sarah Palin‘s (R-AK) mouth. Bashir offered an abject apology on his next broadcast, but a chorus of critics continued to demand action against the host. After a reported “vacation” for the host earlier this week, Bashir announced, Wednesday afternoon, that MSNBC and Martin Bashir are parting ways. Here’s the statement from Martin Bashir, via email: After making an on-air apology, I asked for permission to take some additional time out around the Thanksgiving holiday. Upon
[Video] President Obama on Wednesday declared that addressing income inequality would be the focus of “all” of the White House’s efforts “for the rest of my presidency.” In a sweeping address that touched on raising the minimum wage, investing in infrastructure and ending tax breaks for the wealthy, Obama warned that the American economy has become “profoundly unequal,” declaring economic mobility the “challenge of our time.” “The combined trends of increasing inequality and decreasing mobility pose a fundamental threat to the American dream, our way of life, and what we stand for around the globe,” he said in an hour-long
Nineteen people stood behind President Obama on stage in the Executive Office Building Tuesday as the president kicked off a new campaign to promote Obamacare. One of those people, a young Florida woman named Monica Weeks, introduced Obama after telling the story of being struck with Crohn´s Disease at age 19 and receiving expensive treatments for several years that were covered by her parents´ health care plan — because Obamacare allowed her to remain on that plan until age 26. Now, Weeks said, she has coverage through a job. "The Affordable Care Act gives young adults who are just starting
MSNBC has announced that Chris Matthews, Barack Obama´s most excitable fan, will be interviewing the President on Thursday´s Hardball. Fawning over the liberal politician is incredibly common among journalists, but Matthews has taken it to a whole new level. According to the network host, Obama is a "perfect," "cool," brilliant figure who is comparable to Jesus, Abraham Lincoln and John F. Kennedy. The verbose Matthews has no filter when it comes to the Democrat, even once bizarrely blurting out that an Obama speech made him "forget" that the commander in chief "was black." To prepare you for the likely love-fest
Continued global warming poses a risk of rapid, drastic changes in some human and natural systems, a scientific panel warned Tuesday, citing the possible collapse of polar sea ice, the potential for a mass extinction of plant and animal life and the threat of immense dead zones in the ocean. At the same time, some worst-case fears about climate change that have entered the popular imagination can be ruled out as unlikely, at least over the next century, the panel found. These include a sudden belch of methane from the ocean or the Arctic that would fry the planet, as
Nobody could accuse the press of ignoring the fiasco-on-a-server that is HealthCare.gov. The Obamacare website’s woes are dominating coverage on the network news, the cable talk shows, the blogs and, of course, high-octane websites like POLITICO. But did the press do a good job of covering the Affordable Care Act before the health care exchanges went online—sort of—on Oct. 1? Were we adequately warned of the troubles that were to come? And now that HealthCare.gov’s problems are headline news, is the coverage of it any better? Sure, one can find a few examples of one news outlet or another warning of impending
MSNBC´s Chris Matthews will interview President Barack Obama this Thursday, the network announced Tuesday. The interview is part of Matthews´ "Hardball College Tour," and will take place at American University in Washington, D.C. According to a news release from MSNBC, Matthews, along with university students, will "discuss a variety of topics with the president including voter suppression, healthcare, the decline of confidence in the government and the overall political dysfunction in Washington." On Monday our colleagues Carrie Budoff Brown and Jonathan Allen reported that the White House is launching a coordinated campaign to return attention to why the Affordable Care Act
The president put in his ask to Disney CEO Bob Iger at a private meeting with entertainment moguls during his Nov. 26 visit to Jeffrey Katzenberg´s DreamWorks Animation. [snip] If you have any doubt as to how much of a sports junkie Barack Obama is, check in with the entertainment moguls who attended a private briefing with the president Nov. 26 before his speech at Jeffrey Katzenberg´s DreamWorks Animation campus in Glendale. At the end of the conversation -- which touched on a myriad of topics, from piracy to Iran -- Obama revealed what´s at the top of his bucket