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Obama hints at big debt-ceiling brawl, but can he win this one?
Christian Science Monitor, by Patrik Jonsson
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Original Article
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Posted By:NorthernDog, 1/5/2013 12:25:00 PM
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| President Obama said Saturday that he´s willing to compromise with Republicans on taxes and spending cuts in coming months, but will not budge on honoring America´s obligations as the national debt this week topped $16.4 trillion – the congressionally set "debt ceiling." "I will not compromise over ... whether or not Congress should pay the tab for a bill they’ve already racked up," Mr. Obama said in his taped weekly address, his first of the new year. "If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire
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Comments: As usual the media is most interested in Obama ´winning the fight´, not the stability of the country´s finances.
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Reply 1 - Posted by:
Cleanhousein2012, 1/5/2013 12:32:16 PM (No. 9100315)
The real question will we have to listen and see the kabuki dance before Boehner and McConnel cave.
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Reply 2 - Posted by:
Scribelus, 1/5/2013 12:37:45 PM (No. 9100327)
The Marxist is utterly devoid of decent character. A robust butt-kicking in the upcoming desperate battle might begin to build one in him, but I doubt it.
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Reply 3 - Posted by:
whyyeseyec, 1/5/2013 12:40:33 PM (No. 9100337)
Boehner should be announcing any day now his willingness to raise a debt ceiling `a little bit` if the president will agree to spending cuts in the Year 2742........./s
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Reply 4 - Posted by:
Northern Redman, 1/5/2013 12:49:19 PM (No. 9100361)
There´s plenty of money to "pay the tab for a bill they’ve already racked up". There´s just not any money to rack up new bills. So, tell those federal workers to take some time off without pay. Also, deny all new applications for food stamps, unemployment, etc. These are not previous obligations.
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Reply 5 - Posted by:
dirtydave, 1/5/2013 1:00:27 PM (No. 9100382)
At the first hint of calumny, the GOP will start to crumble. They like to hand out taxpayer funded stuff as much as any Democrat.
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Reply 6 - Posted by:
strike3, 1/5/2013 1:08:18 PM (No. 9100398)
The gall of this lying oaf is simply unbelievable. First he talks congress into spending trillions on various vote-buying boondoggles, now it´s they who racked up the bills. If republicans cave on this decision, all is truly lost. When you give an addicted spendaholic a no-limit credit card, disaster is unavoidable.
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Reply 7 - Posted by:
fayebeck, 1/5/2013 1:26:12 PM (No. 9100428)
It is not a question of obama "winning" it´s the Republicans proclivity to lose.
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Reply 8 - Posted by:
veritas, 1/5/2013 1:32:26 PM (No. 9100434)
FTA: "If Congress refuses to give the United States the ability to pay its bills on time...."
Or, if the usurper "President" outspends the country´s ability to pay for that spending, eh?
FTA: [House Speaker John Boehner] made clear that he will demand a dollar-to-dollar match between spending cuts and more borrowing.
OK. He still hasn´t figgered out the borrowing´s gotta stop.
John, thanks for playing, we have a nice parting gift for you -- now get out of my sight.
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Reply 9 - Posted by:
OhMy, 1/5/2013 1:49:17 PM (No. 9100459)
Boehner is talking tough. He better follow through with it. He is becoming a joke for caving in to Obama. He has the upper hand this time so if he cries and caves again he is done. Boehner you wanted to be the leader so LEAD.
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Reply 10 - Posted by:
wilarrbie, 1/5/2013 1:52:32 PM (No. 9100463)
Subtle in how he now blames CONGRESS for the bills THEY racked up. Obama gets to be hero again, making sure there´s enough money to pay back.
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Reply 11 - Posted by:
Grambo, 1/5/2013 2:07:33 PM (No. 9100481)
The Party of small government and low taxes gave Obama $41 of tax increase for every $1 of spending cuts. But this time, oh boy, this time, they’re really, really gonna be tough. Yeah.
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Reply 12 - Posted by:
otronome, 1/5/2013 2:10:42 PM (No. 9100486)
The way to pay your bills on time is to spend no more than you make or have spare cash to pay.
It is not by demanding that your credit card limit be increased to infinity.
The federal government has to "slim down" to $3 trillion of spending. And drop the baloney that certain expenses are sacrosanct.
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Reply 13 - Posted by:
nonsense, 1/5/2013 2:10:44 PM (No. 9100487)
So am I supposed to swallow the line that King Obama is not responsible for "racking up" any of this debt. He is always the Imperial by-stander, nothing touches his royal purple robes.
Surely even the no information voter has heard an inkling that the USA is broke. Right?
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Reply 14 - Posted by:
pineledger, 1/5/2013 2:23:31 PM (No. 9100511)
I don´t think there will be Kabuki theatre. I am reading that there is a growing appetite for doing a Newt and letting the govt shut down.
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Reply 15 - Posted by:
GreatPlains, 1/5/2013 2:28:02 PM (No. 9100521)
Boehner and the House Republicans passed 2 budgets detailing the cuts they would make in spending. It went nowhere because Republicans..don´t..control..the process. Obama and the Senate Democrats have the power to ignore anything Boehner and the Republicans pass. Demanding that Boehner " lead " ignores math and the Constitution. The Tea Party Senate candidates of O´Donnell, Akin, Angle, Buck, Mourdock, Raese, Rehberg and Berg cost us the Senate in 2010 and 2012. Boehener´s options and McConnell´s would be entirely different if Democrats did not have a 10 seat advantage in the Senate and the Presidency. The far right and talk radio demand that Boehner " lead." Apparently that means making unrealistic demands that will never happen legislatively . Limbaugh and Levin promote some type of Congressional fantasy land where all Republicans have to do is stick to their " principles " and voila !-wonderful legislation happens. Do they really think Obama and Reid and Schumer and Leahy and Boxer et. al and the rest of the 53 Democrats and 2 Indys will suddenly agree with conservative ideas ???
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Reply 16 - Posted by:
Coy860, 1/5/2013 2:33:59 PM (No. 9100526)
EVERY Republican should be briefed and learn the mantra..If you have maxxed out your credit card, can you go to the bank and demand that they raise the spending limit? Well, neither can the government. It has to stop, and stop now. Take 2% off Foo Stamps and the Obama pho for starters..call it a tax.
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Reply 17 - Posted by:
belwhatter, 1/5/2013 2:37:41 PM (No. 9100531)
I have no doubt whatsoever that the Republican "leaders" will concede the debt limit - they are already a joke, they will prove it once and for all. My preference would be to shut down the government - it has no money to spend anyway. It may take weeks without freebies for the truth to seep into the low intelligence mush minds. If ever there was a need for tough love, it is now.
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Reply 18 - Posted by:
yuban, 1/5/2013 2:52:27 PM (No. 9100546)
No, you stick to your principles and stop all action. You won´t get what you want but the Left also won´t get what THEY want. The best the GOP can do is stall the process, which is better than caving.
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Reply 19 - Posted by:
Heil Liberals, 1/5/2013 2:56:17 PM (No. 9100556)
Bottom line: the debt ceiling is going up. Spending will go up. Taxes will go up. And a generation born today will deal with the reckoning of today´s weak. When there is no more money to be borrowed or printed, people will line up readily behind the next "leader" who promises bread and full employment. I pray, not for today, but for my son´s future.
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Reply 20 - Posted by:
bob913, 1/5/2013 3:31:22 PM (No. 9100590)
Boehner and McConnell could win if they just mention the enormous expensive vacations obama takes. The huge debt he and the democrats have created. The huge unemployment that never goes down.
Boehner and McConnell will not. I think they have been bribed to cave in to the democrats.
We have seen what sort of person Dick Armey is. Boehner and McConnell are the same type.
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Reply 21 - Posted by:
dr fate, 1/5/2013 3:37:47 PM (No. 9100597)
Boehner has pledged never to have one-on-one meetings with Zippy anymore. He will now bring other like-minded, limp-wristed Rinos along so they can cave as a group.
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Reply 22 - Posted by:
Spidey, 1/5/2013 3:52:37 PM (No. 9100608)
What kills me is this bogus argument the left puts out there hat debt ceiling fights lead to a credit downgrade when it´s actually new spending and declining revenues that´s the problem.
It´s really distressing that people trying to keep a lid on the debt have become national villains. These are the people who make it possible to make absurd demands that the president should be allowed to raise the ceiling any time he wants. There´s almost no chance that the debt will be $20 trillion by the time Obama leaves office,especially with the huge costs of Obamacare on the horizon.Instead of expanding or hiring more people,business will be strapped for all these unnecessary costs rammed down their throats.
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Reply 23 - Posted by:
Ida Lil, 1/5/2013 4:05:49 PM (No. 9100618)
As Ron made famous --Here we go again- all negative ranting without an ounce of support. The dems don´t have to crush the GOP critters the so called party members do it for them. But don´t get stressed because the Liberal nancy and others are trying to invoke the 14th amendment to allow any amount they want to spend. Ain´t just wonderful how they can be so 100 percent to claim that outdated national operating plan when they want.
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Reply 24 - Posted by:
horacer, 1/5/2013 4:20:25 PM (No. 9100626)
#23 is right on, the downgrade will come if we have no credible plan to deal with our deficits and debt. Obama is inviting a downgrade. That would force bernanke to create even more phony money to buy treasury debt, no one else wants it.
To make matters worse the student loan bubble is about to burst. 90 day plus delinquent loans are soaring.
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Reply 25 - Posted by:
aeroguy48, 1/5/2013 4:41:29 PM (No. 9100642)
A reminder obama signed every single one of the friggen spdnding bills, so he Must be held accountable.
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Reply 26 - Posted by:
snapper451, 1/5/2013 4:57:16 PM (No. 9100655)
Be ruthless this time and shut everything down. Bring the Marxist to his knees and humiliate him!
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Reply 27 - Posted by:
Cleanhousein2012, 1/5/2013 5:31:18 PM (No. 9100694)
24 - this isn´t negative ratings without support. Reality is, Republican leadership begged for our support, we´ve given it to them, and the result is Boehner folds like a house of cards after an appropriate amount of Kabuki.
A lack of trust and confidence is well deserved and earned by the idiots in DC. I simply don´t believe they´ll do the right thing.
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Reply 28 - Posted by:
hamrman, 1/5/2013 5:39:56 PM (No. 9100707)
This blabbering arrogant bully needs to be stopped now, so the rino´s had better grow some coconuts or before long we will all be living in the Gulag Archipelago!
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Reply 29 - Posted by:
CEP, 1/5/2013 7:19:10 PM (No. 9100782)
So Obama wanted the debt ceiling where it is, now he is blaming Congress for giving it to him and wants to now raise it higher? Let the government not pay it´s bills they will soon find out what we all know if we do not pay our bills or have the money to pay our bills, we do without or budget differently.
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Reply 30 - Posted by:
Trigger2, 1/6/2013 6:08:29 AM (No. 9101095)
A couple of questions: 1) who racked up the trillion dollar bill for Death? 2) who racked up the billion dollar bill for Dodd-Frank? 3) who racked up the bill for shafting bond holders and turning over 2 car companies to the union? 4) who racked up the loss for the failed stimulous which just turned money over to the favored bundlers and elitists? 5) who racked up the bill for cash for clunkers which shredded over 650,000 vehicles instead of recycling them? 6) who racked up the bill for Solyndra and other bankrupt failed solar companies? 6) who racked up the bill for handling over billions to every muslim country they could find? 7) Etc.
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Below, you will find ...
Most Recent Articles posted by "NorthernDog"
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Most Recent Articles posted by "NorthernDog"
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NATO airstrike said to kill 10 children in Afghanistan
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Los Angeles Times, by Mark Magnier
Original Article
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Posted By: NorthernDog- 4/7/2013 4:20:41 PM
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KABUL, Afghanistan -- A NATO airstrike in eastern Afghanistan killed 11 civilians, 10 of them children, in addition to the Taliban militants it was trying to hit, Afghan officials said. The strike late Saturday in the Shigal district of restive Kunar province near Pakistan was called by coalition forces after they and their Afghan counterparts came under an attack that killed one American advisor and badly wounded four Afghan troops. The American death was reported on Saturday, but details of the alleged civilian casualties only surfaced Sunday. Wasifullah Wasifi, spokesperson for the governor of Kunar province, said the strike
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Look Out Below, The Obamacare Chaos Is Coming
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Forbes, by Peter Ferrera
Original Article
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Posted By: NorthernDog- 4/7/2013 11:34:30 AM
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The biggest political problem faced by so-called “liberals” and so-called “progressives” in President Obama’s second term is how to prevent voters from holding them politically responsible as the public comes to realize how badly they were lied to during the first Obama term to win passage of Obamacare. (Snip) Just wait until the broad realization dawns that the harsh reality of Obamacare is that tens of millions will lose their employer provided insurance because of the perverse incentives under the program. Even the establishment CBO admits that at least 7 million, and as many as 20 million
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Is going gluten-free healthier for everybody?
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The Week, by Staff
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Posted By: NorthernDog- 4/7/2013 11:28:27 AM
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Gluten-free diets are all the rage, but they can be dangerous if not done right. What is gluten? It´s the spongy complex of proteins, found naturally in wheat, rye, and barley, that gives elasticity to dough and allows it to rise. When flour is moistened and either kneaded or mixed into dough, gluten molecules form an elastic, microscopic latticework that traps the carbon dioxide produced when yeast ferments, causing dough to inflate like a hot air balloon. Baking hardens the gluten, which helps the finished product keep its shape. Wheat — and gluten — is ubiquitous in the American diet.
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US delays missile test to avoid exacerbating North Korea tensions
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Guardian [UK], by Staff*
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Posted By: NorthernDog- 4/6/2013 9:07:24 PM
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The US defence department has delayed an intercontinental ballistic missile test that had been planned for next week at an air force base in California amid mounting tensions with North Korea, according to a senior official. Defence secretary Chuck Hagel reportedly decided to put off the long-planned Minuteman 3 test until next month because of concerns the launch could be misinterpreted and exacerbate the Korean crisis. "This is the logical, prudent and responsible course of action to take," the official said, speaking on condition of anonymity. The test was not connected to the ongoing annual
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Police in eastern Idaho investigate triple slaying at marijuana grow house
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Associated Press, by Staff
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Posted By: NorthernDog- 4/6/2013 8:59:21 PM
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BOISE, Idaho — Authorities in eastern Idaho are investigating the shooting deaths of two men and a woman whose bodies were found in a home that contained a marijuana grow operation. The deaths took place sometime between Thursday afternoon and evening by someone who had some type of relationship with the victims, the Oneida County Sheriff’s Office said. The bodies were discovered Friday outside Holbrook, a town of about 400 people just north of the Idaho-Utah state line. Authorities said a 2-month-old was found under the arm of one of the victims — 27-year-old Yavette Chivon Carter.
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Late-night network shows still a white men´s club
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Associated Press, by Lynn Elber
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Posted By: NorthernDog- 4/6/2013 2:32:17 PM
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LOS ANGELES — The role of female talk show hosts in late-night TV network history, all 50-plus years of it, can be summed up in two words: Joan Rivers. It takes just another two — Arsenio Hall — to do the same for minorities. There´s no indication that´s going to change in the latest round of musical chairs involving "Tonight" and "Late Night." All the NBC, ABC and CBS showcase jobs at 11:30 p.m. Eastern and later appear likely to remain securely in white men´s hands. Jay Leno is handing off to Jimmy Fallon, with speculation
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Hillary Clinton´s Every Public Move Generates Buzz
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ABC News, by Ken Thomas
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Posted By: NorthernDog- 4/6/2013 8:04:22 AM
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Young supporters hold signs outside Hillary Rodham Clinton´s speeches urging her to run for president. Audiences listen with rapt attention as she discusses the plight of women and girls in developing countries. Even a long-expected book deal announcement generates lots of chatter. Not long after Clinton stepped down as President Barack Obama´s secretary of state, the "will she or won´t she" question is already following her around like the activists who held dark blue "Ready for Hillary" signs outside speeches at the Kennedy Center in Washington and New York´s Lincoln Center. This past week, Clinton came off a two-month break
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Sears Says Portrait Studio Operator Shuts Down at U.S. Stores
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Bloomberg News, by Renee Dudley
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Posted By: NorthernDog- 4/5/2013 3:36:40 PM
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Sears Holdings Corp. (SHLD) said CPI Corp. (CPIC), the company that operated photo portrait studios at the retailer’s stores, is ceasing U.S. operations. “We are working with CPI to ensure that it fulfills its outstanding orders and provides ordered pictures to our members and customers,” Howard Riefs, a spokesman for Hoffman Estates, Illinois-based Sears, said in an e-mail today. CPI operated the studio under license, he said. Sears is “exploring all options” to continue photo services, Riefs said. Customers who have had recent picture sessions can order portraits on the Sears website through
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KFC to offer easy-to-eat boneless chicken
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Associated Press, by Candice Choi
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Posted By: NorthernDog- 4/5/2013 3:30:42 PM
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NEW YORK -- In case Americans want to scarf down their fast-food even faster, KFC is stripping the bones out of its chicken. The fast-food chain says it´s introducing deep-fried boneless chicken pieces on April 14 as an alternative to its traditional breast, thigh and drumstick pieces. The new offering reflects the growing popularity of nuggets and strips that are easier to eat on the go, as well as Americans´ seemingly endless desire for more convenient foods. KFC says nearly four out of five servings of chicken sold in the U.S. are now boneless. Based on customer trends
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Ebert: Cancer returns, taking ´leave of presence´
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Associated Press, by Staff
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Posted By: NorthernDog- 4/3/2013 9:27:37 AM
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CHICAGO — Acclaimed film critic Roger Ebert said he´s been diagnosed with cancer again and that he will scale back his prolific writing of movie reviews while undergoing radiation treatment. In a blog post, the 70-year-old said he´ll take a "leave of presence." "I am not going away," the ailing Pulitzer Prize winner wrote in a note posted late Tuesday. "My intent is to continue to write selected reviews but to leave the rest to a talented team of writers. ... What´s more, I´ll be able at last to do what I´ve always fantasized about doing: reviewing only the movies
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What to Do When You Can´t Pay Your Taxes
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Bloomberg News, by Kenneth Savell
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Posted By: NorthernDog- 4/2/2013 4:11:03 PM
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The economy has taken a brutal toll on the finances of many Americans these past few years. Unemployment, underemployment, medical and family emergencies and other unforeseen circumstances can result in a tax bill beyond one´s means. The good news: Debtors´ prisons are a thing of the past and the Internal Revenue Service will not seize your paycheck or bank account on April 16. The key is not to hide your head in the sand if you face a payment dilemma. The IRS offers
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Melting Glaciers Are Increasing Extent Of Sea Ice In Antarctica, Says Counterintuitive Study
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Popular Science, by Rebecca Boyle
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Posted By: NorthernDog- 4/2/2013 11:34:31 AM
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Climate change is expanding sea ice in Antarctica, a paradoxical finding that appears to be the result of melting glaciers, according to a new study. As freshwater glaciers melt, cold water sinks into the ocean, keeping the sea colder than it would otherwise be. The fresh water is less dense than seawater, so it floats on the top layer of the ocean, which in turn stays cooler. That makes it easier for the seas to freeze again in the Antarctic fall and winter, scientists say. This negative feedback is expected to continue, they added. Sea ice levels
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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
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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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Why Obama´s ´Best-Looking Attorney General´ Comment Was a Gaffe
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The Atlantic, by Garance Franke-Ruta
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Posted By: Oblio- 4/6/2013 6:51:15 AM
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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
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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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Hillary Clinton Would Not ´Clear the Field´ for 2016
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New Republic, by Tod Lindberg
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Posted By: StormCnter- 4/6/2013 5:22:36 AM
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No one is more preoccupied these days with Hillary Clinton´s 2016 plans than the Beltway political class—not even the former presidential candidate herself. To hear some tell it, her decision will be dispositive for all other Democrats thinking of entering the race. And pundits and reporters aren´t the only ones positing the "The Hillary Factor": No less than the House Democratic whip, Steny Hoyer, told BuzzFeed, “I don´t know that anybody would run against Hillary…. If she runs, she clears the field.” It´s an understandable conclusion, given Clinton´s stature in the Democratic Party and her 70 percent
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Obama critic apologizes for his ´poorly chosen words´ on gay marriage
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The Hill [Washington DC], by Alexandra Jaffe
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Posted By: JoniTx- 4/6/2013 12:18:19 PM
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Neurosurgeon Ben Carson, considered by some to be a potential Republican contender for president, apologized to Johns Hopkins University for the "poorly chosen words" he used in expressing his opposition to gay marriage last month.“I am sorry for any embarrassment this has caused,” Carson said in the letter, reported in New York Magazine.(Snip) "Although I do believe marriage is between a man and a woman, there are much less offensive ways to make that point. I hope all will look at a lifetime of service over some poorly chosen words.” Carson will remain as commencement speaker at Johns Hopkins,
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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
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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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White House Blames Jobs Numbers on Sequester
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Breitbart´s Big Government, by Wynton Hall
Original Article
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Posted By: Dreadnought- 4/5/2013 8:02:58 PM
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The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. After the Labor Department announced that a mass exodus of 663,000 workers left the U.S. workforce last month and that job creation fell 112,000 jobs short of projections, Obama’s top economic adviser Alan B. Krueger, took to the White House blog to blame the sequester: It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look
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The Secrets of Princeton
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New York Times, by Ross Douthat
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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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Beyonce, Jay-Z celebrate 5th anniversary in Havana, Cuba
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Los Angeles Times, by Nardine Saad
Original Article
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Posted By: Fiesta del sol- 4/6/2013 8:20:04 AM
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Beyonce and Jay-Z celebrated their fifth wedding anniversary in Cuba this week. The couple, who married on April 4, 2008, took in the sights of Old Havana, visited a school, dined on a rooftop terrace and strolled the fan-filled streets in their island best.(snip).The power couple declined to answer journalists´ questions about their visit to the island nation, but some outlets are reporting that the moguls are there as tourists, though that would be illegal because of the half-century embargo the U.S. has on the Communist country. However, the Miami Herald said Washington has issued special licenses for
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Obama Budget to Cap Retirement Accounts at $3 Million
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Desert Fox- 4/5/2013 9:40:39 PM
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The budget President Barack Obama will submit on April 10 will contain a proposal that would prohibit individuals from accumulating more than $3 million in Individual Retirement Accounts (IRAs) and tax-preferred retirement accounts. According to a White House statement, the Obama administration believes the current rules allow some wealthy individuals "to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving." "The budget would limit an individual’s total balance across tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per
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