Nearly all the major players in the fiscal cliff negotiations are starting to agree on one thing: A deal is virtually impossible before the New Year. Unlike the bank bailout in 2008, the tax deal in 2010 and the debt ceiling in 2011, the Senate almost certainly won’t swoop in and help sidestep a potential economic calamity, senior officials in both parties predicted on Wednesday.
"Fiscal cliff" is a metaphor, a figure of speech. It conveys nothing but alarm. This, of course, is the intent of politicians on both sides, to frighten the public. Reporters, editors and columnists are falling right into the hands of such partisans by chanting the phrase like a mantra.
The deal was always unlikely. The difference is that people are finally figuring out that Obama and the Democrats are unwilling to offer anything the Republicans are willing to accept. The thing that even now they seem to be ignoring is that Obama is perfectly happy with no deal, as long as he can avoid be blamed for it. It is just an added bonus that he thinks he can get people to blame the Republicans.
So, they will play "Kick the Can" on down the road again- My guess is a quick midnight "Two month extension" of the status quo. Again, no budget, according to the Constitution- people in this country are so stupid. They have lost their nation and don´t even realize it. In fact, most (Øbama voters) don´t even seem to care.
There is no reason for the GOP or Conservatives to play kick the can. All of Obama´s gimmicks will die: emergency unemployment, Payroll Tax holiday, tax credits as checks for low income earners not paying income tax, etc all cease. Clinton tax rates in place raising taxes more on the poor (percentage increase) than on the rich. Any Democrat who proposes lowering tax rates should be asked what spending he will cut to offset the loss in revenue. Way I see it, revenue goes up 450 billion in 2013, we now need 1.3 trillion in cuts for 2013.
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 —
A New York hedge fund manager allegedly swindles $12 million from a prominent Baltimore family. An Indiana couple is accused of bilking hundreds of customers by charging for free trials of cosmetic products. A financial manager in Texas promises 23-percent returns but absconds with $33.5 million of his investors’ money in a classic Ponzi scheme.All three cases have one thing in common: money that ended up in offshore accounts and trusts set up in tax havens around the world.
Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu´s sale process. The website, jointly controlled by News Corp and Walt Disney Co, reached out to potential buyers in March after initially contemplating a deal in which one would buy out the other. It is not clear whether that transaction is still being contemplated.
After lengthy investigations, the Pentagon has determined that three Army generals committed misconduct in separate incidents, adding to an unusually long list of senior military commanders who have been censured over the past year.On Friday, defense officials confirmed that Army Maj. Gen. Ralph O. Baker, the commander of a strategic counterterrorism force on the Horn of Africa, was fired March 28 on charges of sexual misconduct. Two officials familiar with the case said Baker was investigated for allegedly groping a female civilian employee after he had been drinking.
The Obama administration appeared eager Thursday to downplay the North Korean military’s latest threat that it has the final authority to carry out “cutting-edge, smaller, lighter and diversified” nuclear strikes on the United States.“This is just the latest in a long line of aggressive statements,” (Snip)the recent tension between Washington and Pyongyang “does not need to get hotter.”The remarks were the first public reaction from the Obama administration since Wednesday’s claim by the North Korean military that the “moment of explosion is approaching fast” with the possibility of war breaking out “today or tomorrow.”
President Obama´s biggest gaffe yesterday when speaking of California Attorney General Kamala Harris was not in flirtatiously complimenting her as "the best-looking attorney general," but in introducing an observation from the system of beauty into a forum that was about the system of power.What´s that, you say? Irin Carmon does a great job in Salon in laying out the bounds of propriety for when it´s appropriate to talk about a woman´s looks as a general matter. But I´ve long felt we lack a solid theoretical underpinning for easily discussing these issues, and why precisely it is that
Political scientist Charles Murray has never backed away from controversy, but usually his opponents have been liberals. Friday, however, he managed to upset conservatives at the annual conference known as CPAC, where thousands of bewildered Republicans gathered to figure out the way forward after their party’s 2012 electoral defeat. Murray ditched his prepared remarks on “America Coming Apart” in favor of an impromptu admonition to fellow conservatives to accept the legalization of both gay marriage and abortion.
VATICAN CITY—It took Jorge Mario Bergoglio four minutes to convince fellow cardinals he was their leader. Speaking in the Paul VI grand hall of the Vatican, the Argentine cardinal warned the Catholic Church against focusing too much on matters close to home—advice that came against the backdrop of a papacy that had been consumed by infighting among Vatican officials, a dwindling flock in Europe and secular trends in the West. The 76-year-old Father Jorge, as he is known back home, said Roman Catholicism needed to shift its focus outward, to the world beyond Rome—rather than being "self-referential," he said.
When President Obama gets to Jerusalem next week, one of the signals to listen for is an indication of what country he thinks he’s in. Normally this is clear when the President — any president — goes to the capital of a foreign country. He’s in whatever country the capital is capital of. But Mr. Obama has been refusing to recognize Jerusalem as the capital of Israel. Not only that, but he has been refusing to admit that Jerusalem is even in Israel.
Approaching his first presidential trip to Israel, President Obama offered a fresh and foolish — if not feckless — assessment of the Iranian nuclear threat. "Right now, we think it would take over a year or so for Iran to actually deliver a nuclear weapon, but obviously we don’t want to cut it too close,” the President told an Israeli television interviewer, in the process cutting Prime Minister Benjamin Netanyahu off at the knees and giving the mullahs breathing room to keep enriching uranium.
I hope I´m not too late to the fight.Last week, freshman Sen. Rand Paul (R-Ky.) held an old-fashioned filibuster against the nomination of John Brennan to head the CIA. Paul´s stated reason for taking to the floor and talking for 13 hours was that the Obama administration wouldn´t give him a straight answer on the question of whether the president can unilaterally order the killing of American citizens on American soil with "lethal force, such as a drone strike … and without trial."
An unfortunate story on CBS New York Thursday carried this headline: "Officials: 80 Percent Of Recent NYC High School Graduates Cannot Read." It´s a shocker, but it´s also untrue. And to make things worse, the story that followed was riddled with typos. According to the New York Post, which reported the same story earlier on Thursday, "79.3 percent of city public-school grads who went to CUNY’s six two-year colleges arrived without having mastered the basics" of reading, writing, and math, and had to take non-credit remedial classes to catch up.
Rush Limbaugh and Sarah Palin are starting to sour on the new pope. In response to Pope Francis’ first Apostolic Exhortation, in which the pontiff denounced “trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world,” these two paragons of the far right – both of whom regularly invoke the teachings of Jesus to bolster their own political views – have suddenly turned their backs on the man whose actual job description is to speak for Jesus. Sarah Palin complained that Pope Francis sounded “kind
President Obama requested Israeli Prime Minister Benjamin Netanyahu take a “breather” from his harsh criticism of the U.S. strategy regarding Iran during a call betwee the two leaders, The Washington Post reported on Thursday. The request came as the administration girds up for a push in the next six months to reach a final settlement on Iran´s nuclear program. The president reportedly urged Netanyahu to tone down his rhetoric for the sake of diplomacy and urged him to dispatch officials to Washington who could help negotiate a resolution agreeable to both countries. The president called Netanyahu last Sunday, promising to
In 1947, Sen. Harley Kilgore (D-W.Va.) condemned a proposed constitutional amendment that would restrict presidents to two terms. “The executive’s effectiveness will be seriously impaired,” Kilgore argued on the Senate floor, “ as no one will obey and respect him if he knows that the executive cannot run again.” I’ve been thinking about Kilgore’s comments as I watch President Obama, whose approval rating has dipped to 37?percent in CBS News polling — the lowest ever for him — during the troubled rollout of his health-care reform. Many of Obama’s fellow Democrats have distanced themselves from the reform and from the president.
Cher told her fans on Wednesday that she does not celebrate Thanksgiving. In fact, she appears to deplore the American holiday, calling in the “beginning of a great crime.” Cher said that the American settlers were guilty of taking land from native Americans who had no concept of property ownership and also intentionally infected them with smallpox. “You don’t celebrate the holiday I thought?” a fan asked Cher. “I DON’T,” Cher replied emphatically. She said that, to her, Thanksgiving is a day to see family, eat food together and watch a movie. “Not 2 celebrate the beginning of a GREAT Crime.” When asked
The hits to President Obama´s popularity, prompted by the botched HealthCare.gov rollout, are simply a natural fluctuation every commander-in-chief faces, Obama told interviewer Barbara Walters in an interview aired Friday. "If you remember, I´ve gone up and down pretty consistently throughout," Obama said in the ABC interview on Friday. "But the good thing about when you´re down is that usually you´ve got nowhere to go but up." "I got re-elected in part because people did think I was trustworthy and they knew I was working on their behalf," Obama said in the network´s exclusive. A CNN Poll of Polls complied
For all the gnashing of teeth over the lack of comity and civility in Washington, the real problem is not etiquette but the breakdown of political norms, legislative and constitutional. Such as the one just spectacularly blown up in the Senate. To get three judges onto a coveted circuit court, frustrated Democrats abolished the filibuster for executive appointments and (non-Supreme Court) judicial nominations. The problem is not the change itself. It’s fine that a president staffing his administration should need 51 votes rather than 60. Doing so for judicial appointments, which are for life, is a bit dicier. Nonetheless, for
The human species began as the hybrid offspring of a male pig and a female chimpanzee, a leading geneticist has suggested. The startling claim has been made by Eugene McCarthy, of the University of Georgia, who is also one of the worlds leading authorities on hybridisation in animals. He points out that while humans have many features in common with chimps, we also have a large number of distinguishing characteristics not found in any other primates. Dr McCarthy says these divergent characteristics are most likely the result of a hybrid origin at some point far back in human evolutionary history. What´s more, he suggests,
Four more years. 10 trillion more dollars in debt. And by the end of it, we’ll have a nuclear war in the Middle East and mandates forcing you to buy everything from electric cars to Michelle Obama’s trademark Soy and Asphalt pie. The motives behind the Washington Post op-ed argument are… revealing. I watch President Obama, whose approval rating has dipped to 37?percent in CBS News polling — the lowest ever for him — during the troubled rollout of his health-care reform. Many of Obama’s fellow Democrats have distanced themselves from the reform and from the president. Even former president Bill Clinton
For Kentucky Sen. Mitch McConnell, enough was enough. The Senate´s top Republican had watched a Tea Party-driven government shutdown sink the GOP´s already-weak brand and jeopardize McConnell´s own chances of ever becoming majority leader. The solution, he concluded, was that the party´s so-called Establishment had to start fighting back against its most conservative wing. McConnell, an ardent Obamacare opponent, and other Republican pragmatists in Congress, supported the conservatives´ mission to defund Obamacare during budget negotiations, which led to the 16-day shutdown. But the pragmatists also accepted that their odds of success were virtually nil. Democrats ruled the Senate and White House, those
Progressive talk radio needs a savior. Just a few dozen stations now carry liberal talkers, as key affiliates in cities with active left-wing politics are falling like dominoes, going dark or switching formats. Detroit’s progressive outlet shut down in January, along with Seattle’s liberal talk station, which changed to sports. And after last year’s election, Portland’s progressive talk station ended its political programming. With the political battlegrounds of 2014 and 2016 on the horizon, reducing the whopping imbalance between conservative radio, with its huge fan base, and the left has become more important than ever, according to those in
The Washington Examiner recently reported on an academic study on the 2008 presidential election entitled "The Palin Effect" that examined the effect of then Gov. Palin on the John McCain campaign. Its conclusions run counter to conventional wisdom. The cliché, advanced by the media and the now infamous HBO TV show "Game Change," was that Palin helped to cost McCain the election because of her "controversial" personality. In fact, typical of most vice presidential running mates, Palin had a marginal but largely positive effect on McCain´s standing with the voters. She certainly did not drive away independents and moderates, who along
He´s a proud family man already, but President Barack Obama will turn to his children when it comes to life after the White House. Sasha Obama could be the deciding factor in whether the first family stay in Washington once he leaves office in three years. In a taped interview with ABC News, the President said his now 12-year-old daughter ´will have a big vote in where we are´ because she will be a sophomore in high school. When Obama leaves office in January 2017 after two terms, eldest daughter Malia could be off in college. Both girls attend the exclusive Sidwell Friends School