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  • U.S. Republicans say, "No way" to ceding debt limit power

    12/05/2012 5:18:50 PM PST · by Sub-Driver · 27 replies
    U.S. Republicans say, "No way" to ceding debt limit power Photo 7:36pm EST By Rachelle Younglai WASHINGTON (Reuters) - Republican lawmakers took a firm stand on Wednesday against an Obama administration proposal that would make it easier for the president to increase the nation's debt limit, worried it would undercut their leverage to cut government spending. Republicans introduced a non-binding resolution in the House of Representatives that, if approved, would put the chamber on record opposing the plan, and a Senate Republican began circulating a letter to President Barack Obama saying it was critical that Congress' role in setting the...
  • Boehner tells Obama put deal on the table, amid growing caucus discontent

    12/05/2012 5:10:14 PM PST · by Kaslin · 47 replies
    Fox News.com ^ | December 5, 2012
    House Speaker John Boehner emerged Wednesday from a meeting with fellow Republican congressional leaders and urged President Obama to meet face to face on solving the country’s looming fiscal crisis or send a deal to Congress on which both chambers can agree. “We need a response from the White House,” said Boehner, who sent a proposal Monday to the White House. “We can't sit here and negotiate with ourselves. … If the president doesn't agree with our proposal and our outline, I think he's got an obligation to send one to the Congress.” The president and congressional Republicans are at...
  • “Homicide Victims Rarely Talk to Police,” and Other Horrible Headlines

    12/05/2012 5:10:11 PM PST · by Gamecock · 30 replies
    Freakonomics ^ | 12/05/2012 | Stephen J. Dubner
    From a friend, who got them from a friend, who got them from someone else, here’s a collection of newspaper headlines that don’t quite accomplish what the writer set out to accomplish. Anyone who has ever written or published anything can surely sympathize — and laugh. (P.S.: Are any of them real?)
  • California Teachers Union Cartoon Video Has Rich Urinating On Poor

    12/05/2012 5:09:13 PM PST · by tpmintx · 31 replies
    Real Clear Politics ^ | 12/5/12 | RCP
    "Tax the Rich: An Animated Fairy Tale" by the California Federation of Teachers: An animated fairy tale, is narrated by Ed Asner, with animation by Mike Konopacki. Written and directed by Fred Glass for the California Federation of Teachers. An 8 minute video about how we arrived at this moment of poorly funded public services and widening economic inequality. Things go downhill in a happy and prosperous land after the rich decide they don't want to pay taxes anymore. They tell the people that there is no alternative, but the people aren't so sure. This land bears a startling resemblance...
  • Tips, clues helping FBI unravel mystery of dead Alaska serial killer

    12/05/2012 5:08:30 PM PST · by Alaska Wolf · 10 replies
    Reuters ^ | Dec 4, 2012 | Yereth Rosen
    (Reuters) - Authorities in Alaska said on Tuesday they were examining tips from across the United States as they piece together the decade-long travels of a confessed serial killer who committed suicide over the weekend while awaiting trial for the abduction and murder of an Anchorage teenage woman. Officials say Israel Keyes confessed to kidnapping and killing 18-year-old Samantha Koenig, who vanished in February from the coffee stand where she worked, a Vermont couple and up to five other people before killing himself. Now a toll-free tip line established by the FBI is bringing in clues about other possible victims...
  • Asia’s Passport Wars: Chinese Map Triggers Diplomatic Firestorm

    12/05/2012 5:07:21 PM PST · by Zhang Fei · 4 replies
    Time ^ | Nov. 27, 2012 | Ishaan Tharoor
    As anybody who travels with personal documents from countries like India or China or Vietnam will tell you, an Asian passport can be a miserable thing. It means having to steel yourself through weeks, if not months, of visa-application processes that can be both interminable and humiliating. It means being forced to wait for special screening at the borders of prosperous Western nations, just by circumstance of birth and bureaucracy. It means feeling forever a second-class citizen of a world that is supposed to be growing ever more interdependent and intertwined. But, if it wasn’t enough of an albatross, the...
  • (RAT Elizabeth) Warren asks for help to retire debt (an "embarrassment of riches")

    12/05/2012 4:59:29 PM PST · by Libloather · 11 replies
    The Hill ^ | 12/05/12 | Alexandra Jaffe
    Warren asks for help to retire debtBy Alexandra Jaffe - 12/05/12 03:10 PM ET Sen.-elect Elizabeth Warren (D-Mass.), who defeated Sen. Scott Brown (R-Mass.) in one of the most closely-watched and expensive races in the nation, has asked for help to retire her campaign debt. Warren broke Massachusetts fundraising records with her $42 million haul, but she said in an email to supporters that she incurred some debt because of an "embarrassment of riches," in the form of the unexpected levels of support she says she received. "When my campaign team planned our final budget, we knew our Get Out...
  • Pentagon Peacocks

    12/05/2012 4:56:05 PM PST · by Sioux-san · 27 replies
    American Thinker ^ | 12/05/2012 | G. Murphy Donovan
    The Davis Petraeus saga is another urban legend; a myth about a great man felled by a single flaw or indiscretion. The truth is that Petraeus is a bit player in a larger, uglier drama, the political corruption the Joint Chiefs of Staff (JCS) and that exclusive four star glut that sits atop the military. And the rot didn't start with Petraeus. Recall Army Chief-of-Staff George Casey taking to the airways to rationalize the Fort Hood Islamist massacre in 2009. Somehow "diversity" and Muslim sensitivities were more important than twin dangers of domestic sedition or troop safety on American bases....
  • Bungling builders bulldoze entire historic French chateau by MISTAKE ...

    12/05/2012 4:55:07 PM PST · by Uncle Chip · 41 replies
    The Daily Mail Online ^ | December 5, 2012 | Matt Blake
    Blundering builders mistakenly bulldozed an 18th-century chateau in the heart of France's picturesque wine country - when they were only supposed to knock down an outhouse on its estate. Chateau de Bellevue, 12km to the east of Bordeaux, once boasted 140,000-square-feet of grand reception rooms, ornate fireplaces, winding marble staircases and imposing granite balconies. Then its new owner, a Russian millionaire businessman, employed a team of Polish builders to renovate the manor to its former baroque glory, including the removal of one small building. But the workers apparently misunderstood the instructions and pulled down the castle instead, leaving the outhouse...
  • Should Troublemakers Be Segregated from the General Population?

    12/05/2012 4:52:07 PM PST · by Kaslin · 15 replies
    Townhall.com ^ | December 5, 2012 | Daniel J. Mitchell
    Let’s take a break from depressing posts about Obama’s fixation on class-warfare tax policy and the failure of Washington to enact genuine entitlement reform. It’s time for another edition of “You Be the Judge.” I periodically come across stories that cause me internal conflict. Often my heart gives one answer and my head disagrees. Or I’m genuinely unsure of the right approach.Previous editions of the game include: Is it appropriate to put politicians on trial for economic malfeasance? Is it excessive vigilante justice to set your daughter’s rapist on fire? Should prisoners with AIDS be segregated from other convicts? Which tax collection tactic...
  • I am old enough to cash out my IRA. Should I do it now for tax purposes?

    12/05/2012 4:40:34 PM PST · by Joe the Pimpernel · 54 replies
    I turned 60 this year. I have a conventional and Roth IRA. The Roth obviously is tax free. I intend to work until the day I die, if God grants me the favor. Should I take the tax hit on the conventional IRA this year before the tax hikes kick in and cash it all out, or some of it? Part of why I want to do this is so that if Ubama decides to nationalize 401(k)s and IRAs, he can't get me. The other is because taxes are going up. Any advice?
  • President Obama set for Hawaii vacation estimated to cost taxpayers $4-million

    12/05/2012 4:40:02 PM PST · by jimbo123 · 20 replies
    WNWO ^ | 12/5/12 | Norm Van Ness
    Few would begrudge the President of the United States some well-earned down time. But with the "Fiscal Cliff" looming in coming weeks...and millions of Americans struggling to make ends meet...the Obama's choice of location and the expense of being there is causing many to shake their heads.
  • Obama's Economic Lumps of Coal

    12/05/2012 4:39:13 PM PST · by Kaslin · 3 replies
    Townhall.com ^ | December 5, 2012 | Donald Lambro
    President Obama would have failed Negotiations 101, if there was such a course, the first rule being "do not insult" the people you're dealing with. Hitting the road to campaign for his plan to raise taxes on small business employers, investors and people in the top two income brackets, he hurled some mean-spirited accusations and insults at House Republican leaders even before they got down to serious negotiations to avoid the dreaded "fiscal cliff." House Speaker John Boehner and his leadership team, whom Obama likened to Charles Dickens' hard-hearted, skinflint Ebenezer Scrooge, were offering the American people nothing more than...
  • Jazz pianist Dave Brubeck dead at 91

    12/05/2012 4:37:01 PM PST · by Alaska Wolf · 27 replies
    Reuters ^ | Dec 5, 2012 | Christine Kearney
    (Reuters) - Jazz pianist Dave Brubeck, whose choice of novel rhythms, classical structures and brilliant sidemen made him a towering figure in modern jazz, has died at the age of 91, his longtime manager and producer Russell Gloyd said on Wednesday. Brubeck died of heart failure on Wednesday morning after he fell ill on his way to a regular medical exam at Norwalk Hospital, in Norwalk, Conn., a day short of his 92nd birthday, Gloyd said. His Dave Brubeck Quartet put out one of the best selling jazz songs of all time: "Take Five," composed by alto saxophonist Paul Desmond....
  • Night Of The Long Knives: 'Fake' Conservative John Boehner Purges The GOP

    12/05/2012 4:30:58 PM PST · by RKBA Democrat · 22 replies
    Zero Hedge ^ | 12-5-12 | "Tyler Durden"
    Is this really the reason why markets are rallying today? (or is it front-running the potential 'cone of silence' from a long-weekend in DC) We suspect neither, but Mike Krieger, having written extensively on the two-party political sham, notes the issue is that both the Democratic Party and the Republican Party are at their core the same on the big issues most affect these United States at this time. This past election should have been a wakeup call to the Republican establishment, but based on John Boehner’s recent actions, they have learned absolutely nothing. The Republican Party is imploding from...
  • As Middle East Burns, Hillary Says Save The Elephants

    12/05/2012 4:30:09 PM PST · by raptor22 · 20 replies
    IBD EDITORIALS ^ | December 5, 2012
    Diplomacy: Egypt descends into chaos, Syria's chemical weapons are on the move, and Benghazigate's questions remain unanswered, but our outgoing secretary of state wants saving the African elephant to be her legacy? 'Some of you might be wondering why a secretary of state is keynoting an event about wildlife trafficking and conservation," Secretary of State Hillary Clinton said on Thursday in Washington, D.C., before a group of animal activists and several international ambassadors. Yes, that thought occurred to us, considering that she has put aside the fact that four Americans are dead, apparently forgotten casualties of the Sept. 11, 2012,...
  • CIVIL WAR II America’s new cold war

    12/05/2012 4:24:06 PM PST · by Steve Newton · 103 replies
    Self ^ | 2012 | Steve Newton
    After a contentious election sometimes emotions run high. The winners are jubilant and the losers are despondent. This time it’s different. After 4 years of an “us against them” policy this nation has never been as divided as we are now since the first civil war. What may have been a deliberate policy to win an election may well transform into a monster that will devour us all.
  • Virginia Beach arena agreement reached; could Sacramento Kings leave?

    12/05/2012 4:23:31 PM PST · by MinorityRepublican · 16 replies
    The Sporting News ^ | Wednesday, Nov 28, 2012
    Could the Sacramento Kings be headed for Virginia Beach? While many steps remain, an important step was taken on Tuesday. Virginia Beach mayor Will Sessoms and Comcast-Spectacor have reached a deal to build a city-owned $350 million arena, according to WAVY-TV. The Sacramento Kings would be the "anchor" tenant, according to the report. The next step: a request has been sent to state officials requesting $150 million to complete the project. That $150 million loan would be paid back through state tax revenue from the arena. The breakdown of that $150 million would be $70 million toward capital costs. $80...
  • The Obama Middle East Failures Continue To Grow

    12/05/2012 4:20:05 PM PST · by Starman417 · 14 replies
    Flopping Aces ^ | 12-05-12 | Curt
    I'm sure we all remember this: The White House congratulated Islamist candidate Mohammed Morsi on his election as Egypt’s first freely elected president, calling it a milestone in the country’s transition to democracy. ...Mr. Obama “underscored that the United States will continue to support Egypt’s transition to democracy and stand by the Egyptian people as they fulfill the promise of their revolution,” And why shouldn't he? The President of the free world was a major contributor to the "Arab Spring" which helped to install those freedom loving governments like Libya and Egypt. He helped install a leader who is trying...
  • WH 'Absolutely' Willing To Go Off 'Fiscal Cliff'

    12/05/2012 4:14:50 PM PST · by ExxonPatrolUs · 14 replies
    ABC ^ | Dec. 5, 2012 | DEVIN DWYER (@devindwyer) , MARY BRUCE (@marykbruce) , JOHN PARKINSON (@jparkABC) and SUNLEN MILLER
    US President Barack Obama speaks on the fiscal cliff negotiations and business relations during the Washington Business Roundtable in Washington. President Obama's lead negotiator in the "fiscal cliff" talks said the administration is "absolutely" willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy. Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are "making a little bit of progress" toward a deal to avert the "cliff" but remain stuck on Obama's desired rate...