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None Dare Call It Default
Wall Street Journal, by Holman Jenkins

Original Article

Posted By:SoCalGal, 11/24/2012 2:34:44 PM

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.

      


Post Reply  

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"

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Most Recent Articles posted by "SoCalGal"



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Posted By: SoCalGal- 3/29/2014 10:24:07 AM     Post Reply
Los Angeles - A shallow 5.1-magnitude earthquake rocked the Los Angeles area Friday causing power cuts, gas leaks and bursting water mains, and stopping rides at Disneyland. While no injuries were reported, objects fell from shelves and furniture toppled over, according to photos posted on social media, while TV pictures showed a car flipped over by a rockslide. (Snip) At Dodger Stadium, the quake briefly interrupted the baseball game between the LA Dodgers and the Angels.

4 Diseases Making a Comeback
Thanks to Anti-Vaxxers
TIME, by Alexandra Sifferlin    Original Article
Posted By: SoCalGal- 3/19/2014 11:03:37 AM     Post Reply
These should be avoidable Measles has made a comeback, at least in New York City, where as many as 19 cases have been confirmed. New York City isn’t an anomaly, though. Diseases that are and have been avoidable in the U.S. thanks to vaccines, are resurfacing all across the country. Measles, for instance, was considered wiped out in 2000, but there have been several outbreaks in the past few years. This map shows outbreaks of vaccine-preventable diseases since 2008 (click on “Map” and select which diseases and regions you want to see).

   

 

  


 
Mick Jagger´s Girlfriend L´Wren Scott
Found Dead of Apparent Suicide
Yahoo! News, by Taryn Ryder    Original Article
Posted By: SoCalGal- 3/17/2014 2:54:40 PM     Post Reply
L´Wren Scott was found dead on Monday in her New York City apartment. The fashion designer, who has been dating Mick Jagger since 2001, was found hanged to death. She was 49. According to authorities, the body of L´Wren Scott was discovered hanging from a scarf on a doorknob by her assistant around 10 a.m. in the Chelsea neighborhood of Manhattan. Preliminary reports suggest a suicide and foul play is not suspected; however, the medical examiner will determine a cause of death. (Snip) L´Wren has dressed the likes of Angelina Jolie, Michelle Obama, Penelope Cruz, Nicole Kidman, and Sarah Jessica Parker.

A plunge in U.S. preschool
obesity? Not so fast, experts say
Reuters, by Sharon Begley    Original Article
Posted By: SoCalGal- 3/16/2014 4:50:46 PM     Post Reply
If the news last month that the prevalence of obesity among American preschoolers had plunged 43 percent in a decade sounded too good to be true, that´s because it probably was, researchers say. When the study was published in late February in the Journal of the American Medical Association, no one had a ready explanation for that astounding finding by researchers at the U.S. Centers for Disease Control and Prevention.(Snip) Anti-obesity campaigners credited everything from changes to the federal nutrition program for low-income women and children to the elimination of trans-fats from fast food, more physical activity in child-care

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New York Daily News, by Doyle Murphy    Original Article
Posted By: SoCalGal- 3/16/2014 4:36:23 PM     Post Reply
The Rev. Fred Phelps Sr., founder of the hate-fueled Westboro Baptist Church, is at “the edge of death,” his son reports. Nathan Phelps, who fled the infamous Kansas church more than 30 years ago, claims his notorious father was kicked out of the congregation he built and is now spending his final days in hospice care. “I´ve learned that my father, Fred Phelps, Sr., pastor of the "God Hates (deleted to clear site filter)" Westboro Baptist Church, was ex-communicated from the ‘church’ back in August of 2013,” Nathan Phelps wrote on Facebook. “He is now on the edge of death at

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Posted By: SoCalGal- 3/16/2014 1:22:57 PM     Post Reply
RAMALLAH, West Bank — Palestinian President Mahmoud Abbas only faces bad options, from his perspective, as he heads into a White House meeting Monday with President Barack Obama. He could accept a U.S.-proposed framework for an Israeli-Palestinian partition deal, he could reject it or he could agree to extend negotiations. Here´s a look at what´s ahead. WHAT DO THE PALESTINIANS EXPECT TO BE IN THE FRAMEWORK? U.S. Secretary of State John Kerry hasn´t presented a written proposal, but Abbas aides say they expect it to contain the following. It would endorse the Palestinian position that the border between Israel and a future Palestine would be based on Israel's 1967 frontier,

Oakland Raiders´ $42 million
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Yahoo Sports, by Frank Schwab    Original Article
Posted By: SoCalGal- 3/13/2014 4:15:22 PM     Post Reply
The Oakland Raiders´ offseason went from curious, probably disappointing, to a flat out debacle. Offensive lineman Rodger Saffold, the team´s big free-agent acquisition at $42.5 million, failed his physical and his contract was voided. The team announced that, according to many Bay Area beat reporters. According to ESPN´s Adam Schefter, the Raiders had concerns about his shoulder. The Rams, who were Saffold´s team his first four years, had no such concerns (there are no set standards for NFL physicals) and almost immediately after the Raiders´ announcement agreed with Saffold on a five-year deal. Unbelievable. At least the Raiders get their

   

 

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Bad back could mark the
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Posted By: SoCalGal- 3/9/2014 11:40:09 PM     Post Reply
DORAL, Fla. — After three holes Sunday, Tiger Woods had hit two spectators, one lake ... and one fairway. On the sixth hole, he was reaching for his back. On 11, one of the caddies had to take his ball out of the cup for him. Sunday used to be his day to dust the field. Now he’s just trying to finish 18 holes, which he at least managed to do for the first time in a PGA Tour event this year. No one wants to see it, but there it is. It’s not quite Willie Mays stumbling around the

Cartel head killed four years after
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Associated Press, by Staff    Original Article
Posted By: SoCalGal- 3/9/2014 11:35:31 PM     Post Reply
MEXICO CITY – Mexico´s government confirmed late Sunday that the leader of the Knights Templar Cartel was killed in an early-morning shootout with troops despite being declared dead by authorities in 2010. Tomas Zeron, head of the criminal investigation unit for the federal Attorney General´s Office, said the identity of Nazario Moreno Gonzalez had been confirmed 100 percent by fingerprints, but added that tests would continue. Moreno´s death was one of the more bizarre twists in Mexico´s assault on drug cartels, in which two others of the country´s most powerful capos have been captured in the last year without a shot fired.

Exclusive: Probe into missing
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mid-air disintegration - source
Reuters, by Siva Govindasamy    Original Article
Posted By: SoCalGal- 3/9/2014 10:46:26 AM     Post Reply
KUALA LUMPUR==Officials investigating the disappearance of a Malaysian airliner with 239 people on board are narrowing the focus of their inquiries on the possibility that it disintegrated in mid-flight, a senior source said on Sunday. Malaysia Airlines flight 370 vanished after climbing to a cruising altitude of 35,000 feet between Kuala Lumpur and Beijing in the early hours of Saturday, but search teams have still not been able to make any confirmed discovery of wreckage in seas beneath the plane´s flight path almost 48 hours after it took off. "The fact that we are unable to find any debris so

Tiger Woods, The Monsters
He Created, And Why He
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Forbes, by Tommy Tomlinson    Original Article
Posted By: SoCalGal- 3/2/2014 3:59:31 PM     Post Reply
In sports, and maybe in life, if you’re really good, sometimes you create the monster that kills you. Other people see what you did to succeed and they copy it, weeding out your flaws along the way. They might not ever be quite as good as you, but they’re definitely good enough to beat you as you decline. This is the way the world is supposed to work. It’s evolution in action. And evolution has caught up to Tiger Woods. Tiger is 38 now. Thirty-eight! That doesn’t seem possible. It seems like last weekend that he destroyed the field at

Everyone in L.A. has started a
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Posted By: SoCalGal- 2/4/2014 9:23:23 PM     Post Reply
Rep. Henry Waxman (D-Calif.) announced that he wasn´t going to run for a 21st term in the House of Representatives four days ago. Only days later, it seemed that nearly every person with political ambitions in his Los Angeles district has said they are thinking about running for the seat, which hasn´t been in contention for decades. Here´s a list of the top people who have either already started a campaign for the seat or have at least failed at Shermanesque equivocation. (unlike "Sweatin´ to the Oldies" star and former huckster of Bluth wares Richard Simmons, who has made it perfectly

   

 

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