Economy: President Obama and his acolytes are gushing over his fiscal cliff victory. But the glow isn´t likely to last long, once everyone figures out that the tax hikes Obama wrangled from Republicans only made matters worse. Let´s look at what Obama has managed to achieve with his $620 billion tax hike on the wealthy and the boost in the payroll tax rate. • They´ll hurt the economy. Economists are admitting the fiscal deal will slow the already sluggish economic growth. Moody´s Analytics chief economist Mark Zandi says the higher taxes on the wealthy and the increase in
This plan would result in such huge growth that it would not reduce revenue: File monthly paying 1% on the first one thousand and paying ten percent on everything beyond the first 1K. It would also save everyone money on tax prep.
I think that Obama has lost any political advantage and good will he ever had. All eyes will be on him now to fix the economic situation and we know that it will only get worse. He has cried "Wolf" one too many times, me thinks.
God bless Investors Business Daily. They always put on the rose-colored glasses. The public isn´t going to believe that Republican support of these taxes was ´wrangled´. Instead they are going to believe that the Republicans were complicit in our economic ruin. That was the Democrats´ goal.
The 113th Congress convened yesterday and their first order of business will be passing a pork filled Sandy Relief bill. That 620 billion dollar tax increase just passed will become a 560 billion dollar tax realization. Sounds like Obama will be back looking for more tax dollars.
Meanwhile, Paul Ryan says he voted for it `in the best interest of America`. Really Paul? Isn`t that a fancier way of saying it`s the best deal we could get?
The economic facts in this article are all true but what about the prediction of GOP wins in the mid terms. With the GOP frittering away their chances and caving to Obama at every turn they are going to loose the mid term elections. What did we get in the last crisis that Pelosi would have done different? She even got a carve out for her Tuna factory and she is still not paying her fair share! These useless GOP cowards will need to change their ways in the next crisis or they are toast! Obama betrays everyone but his base supporters. Boehner takes his base supporters for granted - they have nowhere else to go - and runs around trying to get the support of lefties who hate him. That is what he needs to learn from Obama!
If caving (a la best: interests of America, no choice, we´re only one branch, we did the best we could,etc.) is always the answer then why do we need them? They had two years to head this off and under Boehner´s leadership blew it. They were outplayed and outmaneuvered and looked pathetic. They looked like a high school team playing the pros. Once again the pubs failed to get their message out and it cost them. Then they turned around and approved a giant pork bill without so much as a fight. It may have been the best we could do at the time only because they failed to deal with it until the last minute and then only from a defensive position. Now what about that loan cap? BHO could care less. It would cost him squat, he can´t be re-elected. Think not, what did blowing the stimulus money cost him, or all the scandals, or high unemployment, or failed foreign policies, or on and on. This will fall on the pubs shoulders. They signed off on it.
The article (thank you for posting, OP) is far more worthwhile than anything posted here about it.
Petulance such as we see here... and are getting in the ear from Rush on the radio... (apparently he needed more vacay... try Hawaii next time, Rush... ) signifies nothing meaningful nor productive in any way.
Reagan´s optimism would lead you to think about the following... Bamster is at his highest right now... He has nowhere to go but down... He will crash along with the economy... His taxes, unemployment, Obamacare mess, and vast economic malaise will cost him... Full Obamacare kicks in Jan. 2014... The midterms are in Nov. 2014... The party of the incumbent prez in his second term (six years in) usually takes a huge negative hit in the midterms...
We will wreck the final two years of Bamster´s reign of terror... We will own the House and Senate... Bamster will be a weak lame duck, despised by many more than he already is...
We can easily own the WH, House and Senate by Jan. 2017. And many more of us won´t be fooled again by any liberoid lies.
People sick of DimWit domestic terrorism will be joining us. DimWits are corrupt, sick and evil. They rape and ruin our nation daily. Let´s get ready to whip them. And let´s roll.
The crybaby whiners who post here daily do not impress me. If you cannot filter out the nonsense from Sean and Rush, don´t listen to them. They are lazy multimillionaires who have no actual responsibilities. They can and do say anything they want. Real life is much more difficult.
The media screws the right every day. That´s the biggest problem. We´re up against cheaters. We can and will whip ´em. Their asses deserved to get kicked. It´ll be fun.
#21, rafter, You are right about one thing: rush, shut up. All of the talk shows (maybe except Mark Levin) are so lame and self-aggrandizing it is like sour berries - I don´t watch and listen after November elections. Pure junk! But back to the point - did hitler, stalin, mao or castro (also many others) suffer for what they did? And don´t point out that hitler killed himself. Yes, he did, but he had 15 year run of ultimate satisfaction. Those sadists have so much fun that they don´t pay attention to mosquito bites. They enjoy screwing us even more. They see us squirm and get orgasms out of that.
#17 I agree, but the Republicans have to get the word out about just what the Democrats are doing. The Democrats see to it that they control the narrative! They never stopped until everyone beleved Romney was a rich ogre who hated poor people. This latest fiasco--when Boehner AGAIN caved--on the Hurricane Sandy thing. Democrats and two Republicans out there bashing Republicans for not taking care of the poor victims. Why werent Republicans out front saying look here what is in that bill--billions of pork. BUT NO Republicans let the Democrats control the narrative.STUPID
Facts mean nothing in today´s media-driven pop culture. ...Remember 0bama´s modua opperandi is, ´It´s not what you know that counts, it´s what they think you know.´ Too many think exactly what the dems´ media tells them to think, regardless of the facts. That is the way too many gullibles apparently voted last November, but EVERYONE except 0bama´s cronies will suffer the very real excessive taxation consequences.
ABO clearly wasn´t the winning strategy many proclaimed it would be. He was reelected even with the worst economy ever, spending more than anyone has ever spent before, and socializing some businesses and healthcare. Why anyone thinks that a worsening economy will influence the 2014 elections is beyond me. The reali is that the Repubs have squandered their opportunity to prove they have our best interests at heart. The agreed to raise most of our taxes, but made sure that cut out plenty of interests who we are now paying more to supplement. ABO/ABD wasn´t a winning strategy in 2012 and it won´t be in 2014. Besides, the Repubs have destroyed a whole lot of their support base. How´re they going to recover that - RINO Power?
Look at california. The donks can pass any thing they want. any tax issue, any raises, and any stick-it-to-whitey bill they want. There is no one to oppose them. It will be truly a LaRaza State. If you come to visit and you drive around, you´d be shocked at the huge swaths are all Little Mehico. If don´t live in Calif, get control of your local and State Registrar of Voters. One in each county. Change to Paper ballots. Get rid of the machines. The machines were set up to speed the reporting so the Press would have a quick story. but the Press is the tumor on our country. Paper ballots, no big companies to run things. But you must follow the ballots to be counted. Follow the car with the ballots so no switches can be made.No mail in balloting/elections.No same day registration.Poll watchers. all this sounds far-fetched but it is an easy way to begin retoring our nation.Our Nation, not someone else´s nation.
DOn´t worry, folks. the next cliff is on its way. Obie´s goose is cooked, msm, like it or not. Even the msm will not be able to message Obie´s way out of this one because a lot of them will have been laid off by then.
There was a great chart at Business Insider, showing the various recessions and job losses since 1948 until the present.
This one is the longest, having lasted nearly five years. I think that qualifies more as a "depression," and I´m waiting for Barry to get punished for it. Maybe, as others here have said, the 2014 mid-term elections will do the trick. But oh how much pain there will have been by then.
The presidential election ended almost nine months ago, but Mitt Romney re-emerged Tuesday to continue his fight against President Barack Obama’s policies and assert himself as a Republican Party elder at a time when the party is struggling to find its path forward. Romney sought to re-establish himself as a force within the GOP with a speech in the politically crucial state of New Hampshire, weighing in on the fractious battles to play out within the Republican Party since last November. The former Massachusetts governor most pointedly sought to tamp down a charge led by Sen. Ted Cruz, R-
Dear Edward Snowden: Congratulations on finally getting out of Terminal E at Moscow´s Sheremetyevo Airport and receiving what must seem like a great gift—asylum in Russia. But before you celebrate with another round of vodka, I want to offer the cautionary tale of another American I once knew. This man also ran afoul of the U.S. intelligence apparatus and, accused of espionage, took refuge in Russia in what was then the Soviet Union. After he was no longer useful to his hosts, he died mysteriously. Edward Lee Howard was the only former CIA employee ever to seek asylum in Moscow.
The White House on Wednesday released the legal details behind its ObamaCare bailout for Members of Congress and their staffs, and if anything this rescue is worse than last week´s leaks suggested: Illegal dispensations for the ruling class, different rules for the hoi polloi. Thanks to an amendment from Iowa Senator Chuck Grassley that Democrats enacted in 2010, the Affordable Care Act says that "the only health plans that the Federal Government may make available" to Congress are the ones offered on the ObamaCare insurance exchanges. But Members and many aides have been flipping out because they won´t qualify for
Unlike any leader before him, Napoleon Bonaparte engineered his rise to power, almost out of nowhere, not only through military prowess — but also through his mastery of propaganda to stir the public. "What strikes one almost immediately is the depth to which Bonaparte understood the art of propaganda and the degree to which he was personally involved in its creation," wrote historian Wayne Hanley in "The Genesis of Napoleonic Propaganda, 1796-1799." That´s what led to Napoleon — almost a foreigner — to reach the heights of power and secure a legend for himself that lives to this day.
Foreign Policy: "Wile E. Obama, Super Genius" promised miracles, like talking Iran into abandoning nukes. Now the president backs out of talking to Russia´s Vladimir Putin, knowing all he´d get is U.S. humiliation. When Ronald Reagan spent his whole first term refraining from meeting Leonid Brezhnev, Yuri Andropov and Konstantin Chernenko, then waited over eight months after the accession of Mikhail Gorbachev before meeting with him in 1985, it was America calling its shots against a deadly, but dying, Soviet empire. Today, as President Obama cancels the scheduled early-September Moscow summit with ex-KGB officer-turned-Tsar Vladimir Putin, Moscow is calling the shots
Scandal: The omnipresent power behind the throne some have called the president´s Rasputin had the power to call off three strikes against Osama bin Laden. She may have used that power again the night four Americans died in Benghazi. The Sept. 11, 2012, terrorist attack on our diplomatic mission in Benghazi, Libya, came while America failed to mount a rescue mission despite sufficient time and assets. Included in that disaster were the unaccounted whereabouts of President Obama during eight critical hours, the lack of Situation Room photos, the failure by the president to follow up with subordinates before
President Obama´s much-anticipated sixth appearance Tuesday night on The Tonight Show won him praise from liberal partisans and shoulder-shrugs from conservatives, but he made two gaffes during the interview involving U.S. geography and the upcoming Olympics Games in Russia. When host Jay Leno asked the president if he was concerned about anti-homosexual laws in Russia interfering with the experience of gay and lesbian athletes, he responded by defending the honor of Americans who compete in Summer Olympic Sports. The Sochi, Russia event will be the 2014 Winter Olympics. ´I think Putin and Russia have a big stake in making
Martha´s Vineyard residents who have grown accustomed to the temporary disruptions of presidential vacation motorcades to the golf course and the beach can expect extraordinary and lengthy up-Island detours, after President Barack Obama and his family arrive Saturday. The Secret Service will close South Road to all vehicle traffic near the president´s vacation compound on Snail Road beginning about 2 pm, Saturday afternoon. Only abutters and emergency vehicles will be allowed to pass through security check points between Meeting House Road to the east and Wooton Bassett Road to the
RUSH: Everybody´s talking about -- well, not everybody. The chairman of the RNC wrote letters to CNN and NBC, "You guys, we´re not gonna show up at your debates anymore if you do these miniseries on Hillary." I think you ought to send the letter, just take out the part about the miniseries on Hillary. "We´re not gonna show up in your debates anymore." They´ll never do that, but that´s what they should do. Anyway, the RNC is very much concerned about all these miniseries on Hillary. Last night, while
LOS ANGELES – Presidential trips to California almost always come with fundraising events attached — and though there wasn’t one on President Obama’s schedule for his visit here Tuesday, he made sure to include one anyway. After finishing taping the Tonight Show in Burbank, Obama arrived with his presidential motorcade at the Hilton Woodland Hills and wasn’t seen publicly for the rest of the night. He did, however, host a major Democratic donor for a private meal. “The president had dinner with his long time friend, Jeffrey Katzenberg,” said White House press secretary Jay Carney, referring to the Dreamworks CEO.
RUSH: Looky here what I happen to be holding in my formerly nicotine-stained fingers. It is a story from the UK Guardian, and the date is today. "Should We Care That Smart Women are Not Having Kids?" It´s not should we care that "stupid women" are not having kids. It´s "Should We Care That Smart Women are Not Having Kids? -- "It seems that women these days are too clever for their own good, at least when it comes to making babies. "Research emerging from the London School of Economics examining the links between
Sen. Chuck Schumer (D-N.Y.) made his clearest indication yet that he would be fine with a piecemeal approach to immigration reform preferred by the Republican-led House. Schumer, the leader of the Gang of Eight whose comprehensive immigration reform legislation passed the Senate in June, said even if the House passes separate bills, those measures could eventually be bundled in a House-Senate conference committee. “We would much prefer a big comprehensive bill, but any way that the House can get there is OK by us,” Schumer told CNN Wednesday. “I actually am optimistic that we will get this done.”
WASHINGTON — U.S. officials insisted Tuesday that extraordinary security measures for nearly two dozen diplomatic posts were to thwart an “immediate, specific threat,” a claim questioned by counterterrorism experts, who note that the alert covers an incongruous set of nations from the Middle East to an island off the southern coast of Africa. Analysts don’t dispute the Obama administration’s narrative that it’s gleaned intelligence on a plot involving al Qaida’s most active affiliate, the Yemen-based Arabian Peninsula branch. That would explain why most U.S. posts in the Persian Gulf are on lockdown, including the U.
The truth about Benghazi, the Associated Press/James Rosen monitoring, the IRS corruption, the NSA octopus, and Fast and Furious is still not exactly known. Almost a year after the attacks on our Benghazi facilities, we are only now learning details of CIA gun-running, military stand-down orders, aliases of those involved who are still hard to locate, massaged talking points, and the weird jailing of Nakoula Basseley Nakoula. We still do not quite know why Eric Holder’s Justice Department went after the Associated Press or Fox News’s James Rosen — given that members of the administration were themselves illegally leaking
Critics of the president are convinced that Barack Obama will do lasting damage to the U.S. I doubt it. Obama came to power in the third year of large Democratic congressional majorities. In his first referendum, he lost the House and he may soon lose the Senate; in other words, there followed a somewhat normal reaction against a majority party. Obama’s popularity rating is well below 50%, despite an obsequious media and a brilliantly negative billion-dollar campaign that long ago turned Mitt Romney into a veritable elevator-using, equestrian-marrying, canine-hating monster. In the second term, there is little
He thought he was a woman trapped in a man’s body — but it turns out he’s “just another boring straight guy.” ABC News editor Don Ennis strolled into the newsroom in May wearing a little black dress and an auburn wig and announced he was transgender and splitting from his wife. He wanted to be called Dawn. But now he says he suffered from a two-day bout of amnesia that has made him realize he wants to live his life again as Don. “I accused my wife of playing some kind of cruel joke, dressing
The U.S. State Department issued a global alert about the terrorist threat allegedly posed by Al-Qaeda in Yemen. The USA announced the closure of its missions in the Middle East and Africa, and their example was followed by France, Britain, and Germany. However, this was only an attempt to justify the activities of the National Security Agency.Last Saturday, right after alerting of the terror threat civilians and BOLO complex ("be on the lookout") that includes law enforcement and federal officials, President Barack Obama went to play golf, and then celebrated his birthday at the presidential retreat at Camp David.
Former Republican presidential nominee Mitt Romney jumped into the debate over the GOP’s future Tuesday night, warning congressional Republicans against forcing a government shutdown in their quest to stop President Barack Obama’s signature health care law. Romney addressed more than 200 donors on the shores of Lake Winnipesaukee at a fundraiser for the New Hampshire Republican Party, staged just four miles from the vacation home where he has spent much of the summer with his family. The event was closed to the media, but his office released his prepared remarks.
WASHINGTON — Former Massachusetts lawmaker Barney Frank revealed that he doesn’t believe in God. During Friday’s appearance on HBO’s “Real Time With Bill Maher,” Frank, who championed the decriminalization of pot while serving in the House of Representatives, admitted to smoking marijuana and being an atheist. “You were in a fairly safe district. You were not one of those congress people who would have to worry about every little thing,” Maher said to Frank. “You could come on this show and sit next to a pot-smoking atheist and it wouldn’t bother you.”
In a rare diplomatic snub, President Obama is canceling plans to meet with Russian President Vladimir Putin in Moscow next month. The decision reflects both U.S. anger over Russia´s harboring of National Security Agency leaker Edward Snowden and growing frustration within the Obama administration over what it sees as Moscow´s stubbornness on other key issues, including missile defense and human rights. Obama will still attend the Group of 20 economic summit in St. Petersburg, Russia, but a top White House official said the president had no plans to hold one-on-one talks with Putin while there.
Washington--As hundreds of commuters emerged from Amtrak and commuter trains at Union Station on a recent morning, an armed squad of men and women dressed in bulletproof vests made their way through the crowds. The squad was not with the Washington police department or Amtrak’s police force, but was one of the Transportation Security Administration’s Visible Intermodal Prevention and Response squads — VIPR teams for short — assigned to perform random security sweeps to prevent terrorist attacks at transportation hubs across the United States.(Snip)With little fanfare, the agency best known for airport screenings has vastly expanded its reach
A poll released Friday by Public Policy Polling found that Alaska voters would pick former Secretary of State Hillary Clinton over the state´s former Republican governor, Sarah Palin, if the two women were to face off in the 2016 presidential election. Clinton led with 49 percent in the hypothetical match-up, with Palin at 40 percent, a nine-point gap. As of July 3, Republicans comprised 27 percent of the state´s registered voters and Democrats made up just 14 percent. The last time Alaskans opted for the Democrats´ presidential candidate was in 1964. Clinton trails five other hypothetical GOP candidates –
Over the last week, there has been a lot of buzz about a supposed CIA angle to the Benghazi story. Specifically, it has been alleged that a substantial number of CIA employees were on the ground in Benghazi, carrying out a mission that involved rounding up Libyan weapons and transferring them to rebels in Syria. Further, it has been reported that the CIA has leaned on its employees not to cooperate with Congressional investigations or the media, and it has been suggested that the CIA’s role in Benghazi may be related to the al Qaeda
Speaking from Egypt Tuesday night, where they are hoping to broker a peaceful transition period between the country’s ouster of former President Mohamed Morsi to its next phase of nascent democracy, Senators John McCain and Lindsey Graham warned that concessions on both sides needed to begin immediately or Egypt’s government would “fail.” “I didn’t know it was this bad,” Graham said. “These folks are just days, weeks away from all out bloodshed.” “There is only one way that we can bring about a peaceful Egypt, and that is a process of negotiation and reconciliation between major players,” McCain said.