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Source: Fiscal cliff talks
see major setback
CNN, by Dana Bash
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Original Article
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Posted By:StormCnter, 12/30/2012 3:27:37 PM
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| Washington – A Democratic source familiar with the talks tells CNN they have hit a “major setback” because Republicans are now insisting that any fiscal cliff deal include “chained CPI," which Democrats consider a “poison pill.” The Democratic source says they understand the president offered this in talks with House Speaker John Boehner, but Democrats say that was in the context of a larger deal - in exchange for changes to the way the debt ceiling is approached - which is not in the plan anymore.
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Reply 1 - Posted by:
MickTurn, 12/30/2012 3:56:39 PM (No. 9090341)
I have to assume this means tying all money/taxes etc. to CPI increases...otherwise we pay higher and higher taxes on the same money with more zero´s caused by inflation.
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Reply 2 - Posted by:
Nimby, 12/30/2012 5:00:24 PM (No. 9090390)
There Oblambo moves the goal post AGAIN.
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Reply 3 - Posted by:
A Balrog of Morgoth, 12/30/2012 5:18:52 PM (No. 9090400)
Chained CPI is an attempt to reduce the official cost of living increase by assuming recipients of Social Security and military pensions merely substitute cheaper or generic goods for pricier or name brand as prices rise. Apparently, this can be done over and over...or something.
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Reply 4 - Posted by:
Blackeagle, 12/30/2012 5:56:58 PM (No. 9090443)
Latest is that the GOP (as stated by McCain) is backing off the chained CPI issue. So this article is no longer relevant.
My prediction is that any spending reduction decisions will be dealt with during the debt limit debates. So the automatic spending cuts may be ignored for now and dealt with as part of the debt package.
With all this talk of raising taxes on the wealthier, I rarely see mention of what is happening to dividend and Cap gains rates. Under the Cliff divs are treated as ordinary income and LT cap gains are maxed at 20%. Divs also get a 3.4% increase to pay for Obamacare - for a total of 43.8% Federal tax. Which is why so many companies - like Obama´s Costco - actually borrowed money to pay special dividends this year.
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Below, you will find ...
Most Recent Articles posted by "StormCnter"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "StormCnter"
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President Barack Obama: A tale
of two press conferences
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Daily Caller, by Jim Treacher
Original Article
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Posted By: StormCnter- 4/18/2013 7:49:23 AM
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President Barack Obama 4/15/13: (video) President Barack Obama 4/17/13: (video) Question: Why is President Barack Obama so much angrier and more animated about losing a Senate vote than about somebody bombing the Boston Marathon? Maybe it has something to do with this: The Senate’s effective rejection of President Barack Obama’s post-Newtown gun control bill robs the Democratic Party of an important tool for trying to regain a majority in the House in November 2014. “Are they serious?” a visibly angry Obama demanded of opponents of the Toomey/Manchin Senate bill.
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Gun Control Meltdown
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Wall Street Journal, by Editorial
Original Article
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Posted By: StormCnter- 4/18/2013 6:23:37 AM
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President Obama´s gun control agenda was routed in the Senate on Wednesday, and Mr. Obama naturally blamed the National Rifle Association. The truth is that Mr. Obama invited this meltdown by assuming he could exploit the Newtown massacre to ram through a liberal wish-list that wouldn´t have stopped the next mass murder. The day´s biggest news was the defeat of the amendment expanding background checks by Senators Pat Toomey (R., Pa.) and Joe Manchin (D., W.Va.). It fell six votes short of the 60 needed to pass, as four Democrats defected:
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Dubya’s Reemergence
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American Spectator, by William Murchison
Original Article
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Posted By: StormCnter- 4/18/2013 6:16:56 AM
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I’ve decided—and it wasn’t much of a decision: more a “duh” moment—that arguments over the legacy of former President George W. Bush will cease, oh, around the time we get an accurate count of all those angels said to be breakdancing on the head of a pin. The opening, on May 1, at Southern Methodist University, of the $250 million George W. Bush Presidential Center will further the discussion (or slugfest, whichever) in ways both predictable and unexpected. This is what happens, is it not, when individuals, however highly placed, seek to direct the course of public conversation.
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´Like a nuclear bomb´: Deadly fertilizer
plant blast devastates Texas town
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CNN, by Lateef Mungin
Original Article
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Posted By: StormCnter- 4/18/2013 6:01:36 AM
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The full extent of the devastation will have to wait until the light of day Thursday. But residents of the small Texas town of West already know what to expect. "There are a lot of people that got hurt," West Mayor Tommy Muska forewarned Wednesday night. "There are a lot of people that will not be here tomorrow." A massive explosion at a fertilizer plant on the edge of the town killed at least two people, wounded more than 150, leveled dozens of homes and prompted authorities to evacuate half their community of 2,800.
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Violating Immigration Law — by
Executive Command — in Texas
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National Review Online, by Andrew Stiles
Original Article
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Posted By: StormCnter- 4/18/2013 5:54:47 AM
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The immigration issue is front and center in Washington this week, as the so-called Gang of Eight finally unveiled a comprehensive reform bill at around 2:30 a.m. Wednesday. Meanwhile, in Texas, a federal judge is set to rule within days on a pending lawsuit that has gone largely unnoticed, although it could have serious implications for the immigration debate. The suit pits the Obama administration against its own immigration-enforcement agents, who are suing over the administration’s use of “prosecutorial discretion” to dictate how immigration law is enforced — or not enforced. A group of ten U.S. Immigration and Customs Enforcement
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Exploiting the Boston massacre
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Washington Times, by Editorial
Original Article
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Posted By: StormCnter- 4/18/2013 5:51:51 AM
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Bipartisanship is honored mostly in the breach, but nowhere is there more agreement among partisans in Washington than in celebration of Rahm Emanuel’s admonition that “you never want a crisis to go to waste.” The angels of mercy at the finish line of the Boston Marathon had hardly collected all the severed limbs in the killing field before partisan exploitation of the terror began. President Obama invoked his rules for civil behavior. “I’ve updated leaders of Congress in both parties,” he said, “and we reaffirmed that on days like this, there are no Republicans or Democrats.
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Obama Responds to His Gun Control
Defeat With Self-Righteous Solipsism
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Reason, by Jacob Sullum
Original Article
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Posted By: StormCnter- 4/18/2013 5:35:35 AM
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"There are good people on both sides of this thing," President Obama said in a gun control speech a couple of weeks ago, "but we have to be able to put ourselves in the other person´s shoes." He worried that "both sides of the debate sometimes don´t listen to each other" and wondered, "How do you build trust?" Not this way: There were no coherent arguments as to why we wouldn´t do this. It came down to politics—the worry that that vocal minority of gun owners would come after them in future elections....They caved to pressure,
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It Wasn’t the Aryan Brotherhood,
Apparently: Texas Woman Confesses
to Role in D.A. Murders
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Daily Beast, by Christine Pelisek
Original Article
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Posted By: StormCnter- 4/18/2013 5:27:44 AM
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A Texas woman, the wife of a local justice of the peace, has confessed to being involved in a high-profile series of shootings in Kaufman County—shootings that were initially linked to members of the Aryan Brotherhood. Kim Williams, 46, confessed to Texas police about the role she and her husband allegedly played in the murder of local district attorney Mike McLelland, his wife Cynthia, and another prosecutor, Mike Hasse.(Snip)No concrete links to the Aryan Brotherhood were ever established. And in fact Kim Williams’s husband Eric, also 46, emerged as a prime suspect in the murders just hours
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How Savvy Jenny Sanford Sabotaged
Ex-Husband Mark’s Political Comeback
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New York Magazine, by Jason Zengerle
Original Article
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Posted By: StormCnter- 4/18/2013 5:15:03 AM
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A couple of months ago, when I was reporting a feature on Mark Sanford’s political comeback and the ongoing soap opera between him and his ex-wife Jenny, one of his associates told me: “Clearly Jenny has the ability to determine whether Mark wins or loses this race.” It now seems clear that she’s chosen the latter. Jenny insists that she did not leak to the Associated Press the court filings that revealed that Mark had trespassed at her home in early February. “Those documents the AP has are legit,” she told The Wall Street Journal.
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Shooting of Ben Carson´s Detroit
student host underlines
real gun violence issues
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Detroit News [MI], by Henry Payne
Original Article
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Posted By: StormCnter- 4/18/2013 5:08:17 AM
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On March 28, a senior at Detroit´s Northwestern High School enthusiastically introduced Dr. Ben Carson to speak on "Humble Beginnings" — how Carson escaped the mean streets of Detroit to gain international prominence as a Johns Hopkins neurosurgeon. On April 11, Carson returned to northwest Detroit to give a talk at the Tabernacle Missionary Baptist Church. In his remarks, Carson lamented that Detroit gun violence had claimed another victim: the very Northwestern student who had introduced him just two weeks before. As the U.S. Senate embarks this week on another spasm of gun control legislation in response
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Famed World War II
Aviators Hold Final Reunion
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Associated Press, by Melissa Nelson-Gabriel
Original Article
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Posted By: StormCnter- 4/18/2013 4:47:09 AM
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EGLIN AIR FORCE BASE, Fla.- At 97, retired Lt. Col. Richard Cole can still fly and land a vintage B-25 with a wide grin and a wave out the cockpit window to amazed onlookers. David Thatcher, 91, charms admiring World War II history buffs with detailed accounts of his part in the 1942 Doolittle Raid on Tokyo, in which he earned a Silver Star. Retired Lt. Col. Edward Saylor, 93, still gets loud laughs from crowds for his one liners about the historic bombing raid 71 years ago Thursday that helped to boost a wounded nation´s morale
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Miss. mail suspect described
body-parts conspiracy
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Associated Press, by Holbrook Mohr & Adrian Sainz
Original Article
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Posted By: StormCnter- 4/18/2013 4:42:14 AM
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CORINTH, Miss. -- A Mississippi man accused of mailing letters with suspected ricin to national leaders believed he had uncovered a conspiracy to sell human body parts on the black market and sometimes performed as an Elvis Presley impersonator. Authorities were waiting for definitive tests on intercepted letters that were addressed to President Barack Obama and Sen. Roger Wicker, R-Miss. Paul Kevin Curtis, 45, was arrested Wednesday at his home in Corinth, near the Tennessee state line about 50 miles north of Presley´s birthplace in Tupelo.
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Most Active Articles (last 48 hours)
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Obama´s Official Snub Of
Thatcher Funeral Shows
How Small He Is
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: Desert Fox- 4/16/2013 7:06:13 PM
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Protocol: President Obama declined to send a high-level delegation to Wednesday´s funeral of Britain´s Margaret Thatcher. It´s a measure of how little he values the special relationship — and a sign of his own smallness. Back in more gracious times, vice presidents routinely attended funerals of foreign dignitaries. As such, the presence of Vice President Joe Biden — if not Obama himself — would seem fitting for as significant a U.S. ally as the late Prime Minister Thatcher, if not out of warmth of feeling, then simply to represent the U.S.´ gratitude. Thatcher´s uncompromising friendship
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Obama angrily denounces
gun-rights groups as willful liars
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Washington Times, by Dave Boyer
Original Article
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Posted By: Desert Fox- 4/17/2013 6:37:42 PM
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President Obama angrily blamed the defeat Wednesday of his centerpiece gun-control proposal on lies spread by the National Rifle Association, calling it “a pretty shameful day for Washington.” “The gun lobby and its allies willfully lied about the bill,” Mr. Obama said in the White House rose garden about 90 minutes after the vote. “It came down to politics.” As he spoke, Mr. Obama was surrounded by family members of victims of the Newtown, Conn., school shooting. Also with him was former Rep. Gabby Giffords of Arizona, wounded in an assassination attempt.
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Boston Marathon bombings
present new test for Obama
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Washington Examiner, by Brian Hughes
Original Article
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Posted By: Pluperfect- 4/17/2013 6:01:37 AM
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Authorities on Tuesday revealed little new information about the terrorist attack at the Boston Marathon, the most high-profile bombing on U.S. soil in more than a decade and a tragedy that presents a new test for President Obama. Obama, like all Americans, is standing by, waiting for answers as to who planted two bombs improvised from pressure cookers at the finish line of the storied race, and why. Three Americans were killed in Monday´s attack and more than 170 others were injured. "Anytime bombs are used to target innocent civilians, it is an act of terror," Obama said,
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Senate rejects background checks
on gun purchases in 54-46 vote
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Hill [Washington,DC], by Alexander Bolton
Original Article
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Posted By: BuckeyeRon- 4/17/2013 4:41:19 PM
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The Senate delivered a devastating blow to President Obama’s agenda to regulate guns Wednesday by defeating a bipartisan proposal to expand background checks. It failed by a vote of 54 to 46, with 5 Democrats voting against it. Only 4 Republicans supported it. Democratic Sens. Mark Pryor (Ark.), Max Baucus (Mont.), Heidi Heitkamp (N.D.), Mark Begich (Alaska) and Senate Majority Leader Harry Reid (Nev.) voted against it. Reid supported the measure but voted against it to preserve his ability to bring the measure up again. GOP Sens. John McCain (Ariz.), Susan Collins (Maine), Pat Toomey (Pa.) and Mark Kirk
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Barack Obama can´t pass gun control
despite 90 per cent support. Truly,
he is a lame-duck president
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Telegraph [UK], by Tim Stanley
Original Article
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Posted By: Attercliffe- 4/18/2013 6:42:40 AM
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Yesterday, the most modest of gun control proposals died in the Senate. It would have expanded background checks to people purchasing weapons at gun shows and online sales, enjoyed 90 per cent support among the public and came on the back of the tragedy at Newtown. Yet, despite all that it had going for it, the Toomey-Manchin bill raised just 54 votes--six short of the number necessary for passage. “This is a pretty shameful day for Washington,” said Obama afterwards. It wasn’t exactly a red letter day for him, either. Why did the no-brainer bill fail? Four reasons:
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MSNBC’s Joy Reid Praises Obama’s
Reaction To Terror, Says Bush Dis-
appeared for ‘Couple Weeks’ After 9/11
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Mediaite, by Noah Rothman
Original Article
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Posted By: NorthernDog- 4/16/2013 3:38:34 PM
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MSNBC contributor Joy-Ann Reid told the host of Now, Alex Wagner, that she thought President Barack Obama’s response to the attack on the Boston Marathon on Monday was powerful and comforting in a way that President George W. Bush’s response to the attacks of September 11, 2001, was not. She accused Bush of being unavailable to the American people for the “first couple weeks” after the attack on the World Trade Center and the Pentagon. Reid told Wagner that the president’s statement actively combatted the intention of the terrorists, which is to make their targets feel “discombobulated.” “Having, sort of
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CNN: Pressure Cooker Bomb
´Right Wing´ Signature
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Breitbart´s Big Journalism, by Lee Stranahan
Original Article
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Posted By: Fiesta del sol- 4/17/2013 8:56:39 AM
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An article published on CNN´s website makes an unproven claim that pressure cooker bombs like the ones used at the Boston Marathon terror attack are a ´signature´ of ´right-wing extremists.´ The article was co-written by Jennifer Roland and Peter Bergen. Bergen is the CNN ananlyst made the claim that right-wing extremists could be behind the bombing less than two hours after it took place. The article says (emphasis added) :A senior U.S. counterterrorism investigator told CNN that pressure cooker bombs have also been a signature of extreme right-wing individuals in the
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Let’s hope the Boston Marathon
bomber is a white American
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SALON, by David Sirota
Original Article
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Posted By: STLstudent- 4/17/2013 7:38:32 AM
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As we now move into the official Political Aftermath period of the Boston bombing — the period that will determine the long-term legislative fallout of the atrocity — the dynamics of privilege will undoubtedly influence the nation’s collective reaction to the attacks. That’s because privilege tends to determine: 1) which groups are — and are not — collectively denigrated or targeted for the unlawful actions of individuals; and 2) how big and politically game-changing the overall reaction ends up being.
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Obama: Gun lobby ´lied´ about
background check bill
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/17/2013 6:09:57 PM
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Washington — President Barack Obama says the Senate’s opposition to a bill that would have expanded background checks for gun buyers marks a “shameful day” in Washington. He says a minority of senators decided “it wasn’t worth it” to protect the nation’s children. Obama spoke in the Rose Garden shortly after the Senate vote rejecting a bipartisan effort to expand federal background checks to more firearms buyers. (Snip) The president pinned the blame for the measures failure, though five Democrats also opposed the plan. He also said the gun lobby and its allies “willfully lied” about background check bill.
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Mark Kelly threatens to back
challenger to Flake over gun votes
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The Hill [DC], by Daniel Strauss
Original Article
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Posted By: StormCnter- 4/16/2013 4:33:26 PM
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Mark Kelly, the husband of former Rep. Gabrielle Giffords (D-Ariz.), is threatening to back an election challenge against Sen. Jeff Flake if the Arizona Republican votes against legislation to expand background checks. At a Christian Science Monitor breakfast on Tuesday, Kelly said he would back an opponent to Flake if the "right candidate" was available and if the senator failed to support a background check bill, according to reports. Flake, who is not up for reelection until 2018, has been close to Kelly and Giffords. But Kelly said the issue of control trumped their ties.
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Top Dem sees ´train wreck´
for Obama health law
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Associated Press, by Ricardo Alonso-Zaldivar
Original Article
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Posted By: NorthernDog- 4/17/2013 4:11:03 PM
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WASHINGTON -- A senior Democratic senator who helped write President Barack Obama´s health care law stunned administration officials Wednesday, saying openly he thinks it´s headed for a "train wreck" because of bumbling implementation. "I just see a huge train wreck coming down," Senate Finance Committee Chairman Max Baucus, D-Mont., told Obama´s health care chief during a routine budget hearing that suddenly turned tense. Baucus is the first top Democrat to publicly voice fears about the rollout of the new health care law, designed to bring coverage to some 30 million uninsured Americans through a mix
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Republicans pull plug
on Mark Sanford
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Politico, by Alex Isenstadt
Original Article
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Posted By: StormCnter- 4/17/2013 3:06:52 PM
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National Republicans are pulling the plug on Mark Sanford’s suddenly besieged congressional campaign, POLITICO has learned — a potentially fatal blow to the former South Carolina governor’s dramatic comeback bid. Blindsided by news that Sanford’s ex-wife has accused him of trespassing and concluding he has no plausible path to victory, the National Republican Congressional Committee has decided not to spend more money on Sanford’s behalf ahead of the May 7 special election. “Mark Sanford has proven he knows what it takes to win elections. At this time, the NRCC will not be engaged in this special election,”
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