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None Dare Call It Default
Wall Street Journal, by Holman Jenkins
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Original Article
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Posted By:SoCalGal, 11/24/2012 2:34:44 PM
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| To call Greece First World may be a stretch, but Greece has defaulted once already, and it is only a matter of time until Greece defaults again. Welcome to default-o-rama, the next chapter in the First World´s struggle for fiscal sustainability. (Snip) America´s fiscal cliff is an artificial crisis. We have no trouble borrowing in the short term. But at some point the market will demand evidence that long-term balance is being restored. President Obama said in his first post-election press conference that he doesn´t want any proposals that "sock it to the middle class." He knows better.
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Reply 1 - Posted by:
SoCalGal, 11/24/2012 2:40:44 PM (No. 9032103)
Jenkins opines that Obie knows cuts are necessary but that he wants to position himself and the Dems as the defender of spending. That sets up his younger constituency to go against the older citizens in a hassle over how health care dollars will be spent in the future.
That "death panel" is hiding behind the curtain.
Having just gone through a serious stroke and rehab with a family member, and noting the numbers of younger persons - many in their 30s and 40s - who are having major strokes requiring expensive treatment, I wonder how this can play out. (And don´t forget all the children, teens and young adults suffering from various cancers.)
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Reply 2 - Posted by:
NorthernDog, 11/24/2012 2:58:30 PM (No. 9032124)
You thought your Roth IRA wasn´t going to be taxed? The money will have to come from somewhere, and it will have to come from the people who have actually saved and diligently managed their nest egg.
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Reply 3 - Posted by:
sunsong, 11/24/2012 5:06:50 PM (No. 9032275)
Don´t be fooled - you´ve already had it socked to you - and for years. Now is time to pay the piper. It won´t be fun - but everyone needs to share the sacrifice.
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Reply 4 - Posted by:
Country Boy, 11/24/2012 6:01:12 PM (No. 9032323)
obama´s not after your Roth IRA. He wants a VAT tax, bad, real bad.
Middle class will get crushed. They have it coming. Sycophants.
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Below, you will find ...
Most Recent Articles posted by "SoCalGal"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "SoCalGal"
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Mother of the Movement
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New York Times, by NELL IRVIN PAINTER
Original Article
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Posted By: SoCalGal- 3/29/2013 6:27:29 PM
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Beautiful Rosa Parks sits alone in the Montgomery, Ala., city bus she desegregated, an image endlessly replicated, most recently on an American postage stamp issued in February to commemorate Black History Month and what would have been Parks’s 100th birthday.(Snip) President Obama voiced the familiar view that she was “just wanting to get home after a long day at work” and “may not have been planning to make history.” But as Jeanne Theoharis shows in her insightful biography, “The Rebellious Life of Mrs. Rosa Parks,” this perspective obscures Parks’s lifelong activism and “fierce determination.”
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Watch Out, World Bank.
Here Comes the BRIC Bank.
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Associated Press, by Staff and Reuters
Original Article
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Posted By: SoCalGal- 3/27/2013 7:13:37 PM
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Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally between Brazil, Russia, India, China and South Africa but would undoubtedly be dominated by China. It would be the first institution of the informal forum started in 2009 amid the economic meltdown to chart a new and more equitable world economic order.
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Store owner cancels
Mark Kelly gun buy
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Politico, by Kevin Robillard
Original Article
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Posted By: SoCalGal- 3/26/2013 12:19:18 PM
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The owner of a gun store in Tucson, Ariz., has canceled Mark Kelly’s purchase of an AR-15 because the gun control advocate doesn’t plan on keeping the assault weapon. Kelly,(Snip)bought the gun earlier this month to show how easy it is to buy an assault weapon. He said he planned on turning the gun over to Tucson police. "While I support and respect Mark Kelly’s 2nd Amendment rights to purchase, possess and use firearms in a safe and responsible manner, his recent statements to the media made it clear that his intent in purchasing the Sig Sauer M400 5.56mm rifle
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Audio: ´Witness 8´ interview
in George Zimmerman case
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Central Florida News 13, by Amanda Evans
Original Article
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Posted By: SoCalGal- 3/26/2013 11:59:28 AM
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SANFORD -- For the first time, we are hearing from the teenager believed to be the last person to talk to Trayvon Martin moments before his deadly confrontation with George Zimmerman. The teen, known only as "Witness 8," is considered to be the prosecution´s key witness, but Zimmerman´s attorneys said she lied during a deposition by the Martin family´s attorney, Benjamin Crump. A new motion filed Monday said the state knew Witness 8, said to be a girlfriend of Trayvon Martin´s from Miami, had been lying, but never came out with it.
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George Zimmerman´s lawyers
file witness list with 130 names
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Orlando Sentinel, by Rene Stutzman
Original Article
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Posted By: SoCalGal- 3/26/2013 11:52:58 AM
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SANFORD - Attorneys for George Zimmerman have filed a new defense witness list, and it includes more than 130 people. Among them: Trayvon Martin´s mother and father, their attorney Benjamin Crump, former Sanford police Chief Bill Lee Jr. and former State Attorney Norm Wolfinger. It also includes Sanford City Manager Norton Bonaparte and several other members of Trayvon´s family, including his step-brother and the Oviedo cousin with whom he´d spent the night the evening before he was fatally shot. Attorneys seldom call all the witnesses they list, still the list placed in the official court file Monday is extraordinary
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Years of video game playing earns
unemployed illegal immigrant
Obama’s ‘deferred action’
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Daily Caller, by Vince Coglianese
Original Article
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Posted By: SoCalGal- 3/26/2013 11:47:19 AM
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An unemployed illegal immigrant who has spent the last few years playing video games reportedly used records of his playing time to apply for and receive President Obama’s “deferred action” status. According to the Milwaukee Journal-Sentinel, Jose Muñoz was an out-of-work 25-year-old Mexican immigrant who graduated with honors from his Sheboygan, Wisconsin high school in 2005. Since that time, Muñoz — who was brought to the United States at the age of one — has been out of school and out of work, instead spending time helping his family with household chores and countless hours playing sports
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Shell casings from Texas gunfight
match those at Colorado slaying
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Los Angeles Times, by Molly Hennessy-Fiske and Jenny Deam
Original Article
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Posted By: SoCalGal- 3/23/2013 9:11:05 PM
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Investigators have matched the brand and caliber of shell casings from a Colorado parolee´s gunfight with north Texas authorities to those found at the home of Colorado´s prisons chief, who was killed earlier this week.(Snip)Hornady 9-millimeter casings were found at the Texas scene, the same type found at the home of Colorado prisons chief Tom Clements, according to an application for a warrant to search the car filed by officials in Wise County, Texas. Clements, 58, was shot on Tuesday when he answered the front door of his home north of Colorado Springs.
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Marine shooter identified
in Quantico killings
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Washington Times [DC], by Kristina Wong
Original Article
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Posted By: SoCalGal- 3/23/2013 8:19:23 PM
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Marine Sergeant Eusebrio Lopez, 25, shot and killed two fellow Marines before turning the gun on himself last Thursday evening at the base they were stationed at in Quantico, Virginia. The two victims included Marine Lance Corporal Sara Castro-Mata, 19, from Oakley, California and 23-year-old Corporal Jacob Wooley from Guntown, Mississippi. All three were staff at the Officer Candidate School, where they trained new Marine officers. (Snip)Investigators are still trying to figure out the motive behind the incident, and a “love triangle” scenario is only speculative at this time, according to Marine Corps officials. Sgt. Lopez worked as an instructor
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Critics of State Bill Say
It Would Restrict Abortions
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New York Times, by Becca Aronson
Original Article
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Posted By: SoCalGal- 3/23/2013 8:15:12 PM
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A bill advancing through the Texas Legislature could drastically decrease the number of legal abortion facilities in the state. Supporters of Senate Bill 537, which would increase regulations for abortion facilities, say it will improve women’s safety. But abortion rights advocates say that the bill is a thinly veiled effort to close 37 of the state’s 42 abortion facilities, and that it would reduce women’s access to legal abortion. “I understand the suspicion, but this really is about improving health care for women getting abortions,” said the bill’s author, State Senator Bob Deuell, a Republican
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Man in Texas shootout, possibly
linked to Colo. prison chief’s
death, ID’d as paroled inmate
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Associated Press, by Staff
Original Article
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Posted By: SoCalGal- 3/21/2013 9:25:50 PM
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DECATUR, Texas — A man who led Texas authorities on a 100 mph car chase that ended in a shootout Thursday and may be linked to the slaying of Colorado’s state prison chief is a paroled prison inmate, officials said. The Denver Post reported that the man is 28-year-old Evan Spencer Ebel. A federal law enforcement official confirmed that identity to The Associated Press.(Snip)Ebel was driving a Cadillac in Texas that matched the description of the vehicle seen leaving the home of prisons chief Clements around the time he was shot Tuesday night.
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Chicago to shutter
dozens of schools
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CNN, by Dana Ford & Katherine Wojtecki
Original Article
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Posted By: SoCalGal- 3/21/2013 8:59:22 PM
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Chicago--Chicago school officials said Thursday that they plan to close dozens of schools in a bid to improve education and tackle a $1 billion deficit. The move would shutter 61 school buildings, including 53 underused schools and one program. The cut represents roughly 10% of all elementary school facilities in Chicago Public Schools, the country´s third-largest school district. "Every child in every neighborhood in Chicago deserves access to a high-quality education that prepares them to succeed in life, but for too long children in certain parts of Chicago have been cheated out of the resources they
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Saturday mail delivery
should stay - U.S.
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CNN Money, by Jennifer Liberto
Original Article
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Posted By: SoCalGal- 3/21/2013 8:30:08 PM
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Washington - The U.S. Postal Service must deliver the mail six days a week, said Congress´ watchdog arm in a Thursday legal opinion. The legal opinion from the nonpartisan agency throws new questions on the Postmaster General Patrick Donahoe´s plans to stop delivering first-class mail, but keep delivering packages and express mail on Saturdays. The U.S. Government Accountability Office stopped short of saying the U.S. Postal Service´s August plan to end most Saturday mail service violates current law. The U.S. Postal Service says it's not ending six-day delivery, only changing it,
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Most Active Articles (last 48 hours)
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McCain: ´I don´t understand´
GOP filibuster on guns
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Politico, by Jennifer Epstein
Original Article
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Posted By: JoniTx- 4/7/2013 12:18:14 PM
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Sen. John McCain says he doesn´t understand the threats from some of his Republican colleagues to filibuster a bill on background checks to buy guns. "I don´t understand it," the Arizona Republican said on Sunday of the threat coming from Sen. Rand Paul,Sen. Ted Cruz, Sen. Mike Lee and nine other Republicans. "The purpose of the United States Senate is to debate and to vote and to let the people know where we stand.” "What are we afraid of? ... If this issue is as important as we all think it is, why not take ... it up and debate?"
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´My bangs are getting
a little irritating´: Michelle
Obama admits she already regrets
her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
Original Article
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Christians, here´s why we´re
losing our religion
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Fox News, by Craig Groeschel
Original Article
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Posted By: STLstudent- 4/7/2013 5:13:55 PM
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Recent research indicates that the number of people who do not consider themselves a part of an organized religion is steadily on the rise. Interestingly enough, though the number of those religiously unaffiliated is increasing, there is little to no trend in the number of those who express atheist or agnostic beliefs. People aren’t saying they don’t believe in God. They’re saying they don’t believe in religion. They are not rejecting Christ. They are rejecting the church. This begs the question, “Why are we losing our religion?”
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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Broadcasters worry
about ´Zero TV´ homes
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Associated Press, by Ryan Nakashima
Original Article
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Posted By: Ribicon- 4/7/2013 2:43:40 PM
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Los Angeles — Some people have had it with TV. They´ve had enough of the 100-plus channel universe. They don´t like timing their lives around network show schedules. They´re tired of $100-plus monthly bills. A growing number of them have stopped paying for cable and satellite TV service, and don´t even use an antenna to get free signals over the air. (Snip) Last month, the Nielsen Co. started labeling people in this group "Zero TV" households, because they fall outside the traditional definition of a TV home. There are 5 million of these residences in the U.S., up from
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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Mother Of Slain Benghazi
Officer To Sean Hannity:
‘They Want Me To Shut Up’
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Mediaite, by A.J. Delgado
Original Article
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Posted By: StormCnter- 4/7/2013 5:00:16 AM
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On Friday, Sean Hannity brought Pat Smith, mother of the late Sean Smith, on his radio program. The 34-year-old information management officer was one of four Americans murdered in the Benghazi embassy attack on September 11, 2012. In the chilling interview, a distraught Ms. Smith, in tears, pleaded for answers and spoke of the efforts to silence her. Ms. Smith first relayed how her son, prior to the attack, requested additional security in advance and warned the State Department: He did tell them, ahead of time, he typed it into his little typewriter over there,
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Vanishing workforce
weighs on growth
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Washington Post, by Jim Tankersley
Original Article
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Posted By: Dreadnought- 4/6/2013 11:28:59 PM
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Put out an all-points bulletin: Millions of Americans have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth. The vanishing trend is more than a decade old, but it accelerated during the Great Recession. Throughout 2012, economists held out hope that it had stopped. But then came Friday’s jobs report, and hopes were dashed. The Labor Department reported that the U.S. labor force — everyone who has a job or is looking for one — shrank
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The Secrets of Princeton
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New York Times, by Ross Douthat
Original Article
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Posted By: Oblio- 4/7/2013 8:08:09 AM
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Susan Patton, the Princeton alumna who became famous for her letter urging Ivy League women to use their college years to find a mate, has been denounced as a traitor to feminism, to coeducation, to the university ideal. But really she’s something much more interesting: a traitor to her class. Her betrayal consists of being gauche enough to acknowledge publicly a truth that everyone who’s come up through Ivy League culture knows intuitively —
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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