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Keyword: socialism

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  • Clueless About Job Creation

    04/17/2012 3:26:23 PM PDT · by Oldeconomybuyer · 2 replies
    NPR ^ | April 17, 2012 | by Fred Barnes
    Does President Obama have the foggiest idea how jobs are created in America? There's not much evidence he does, beyond lip service to the helpfulness of the private sector. When the president begins a speech these days with praise for free markets, look out! What comes next are proposals for more government intervention in the economy and higher taxes. That's the recipe, Obama says, to "encourage our long-term economic growth and stabilize our budget." He said so in his Republicans-are-Social-Darwinists speech in Washington two weeks ago to newspaper editors. Near the outset, Obama declared: "I know that the true engine...
  • Junking ObamaCare Might Help Bristol-Myers Squibb

    04/17/2012 3:17:13 PM PDT · by Oldeconomybuyer · 6 replies
    Investors Business Daily ^ | April 17, 2012 | By PAUL WHITFIELD
    If ObamaCare is sent to history's junk pile, who wins in the medical sector? For now, legislation already has saddled Bristol-Myers Squibb (BMY) with a number of burdens. For example, the minimum rebate on Medicaid drug sales was increased from about 15% to about 23%. Bristol-Myers Squibb estimates all the ObamaCare fees and changes implemented so far cost the company 10 cents a share in 2010 and 24 cents a share in 2011. Earnings per share increased 17% in 2010, but would've grown 22% without ObamaCare. Last year, earnings rose 6%. Without the new law, EPS would've grown 12%.
  • Obama to pitch $52M plan to regulate oil markets [Maxine Waters Dream Coming True]

    04/17/2012 6:02:22 AM PDT · by SoFloFreeper · 30 replies
    Fox ^ | 4/17/12
    Under pressure to take action on rising gasoline prices, President Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions. The White House plan, which Obama was to unveil Tuesday, is more likely to draw sharp election-year distinctions with Republicans than have an immediate effect on prices at the pump. The measures seek to boost spending for Wall Street enforcement at a time when congressional Republicans are seeking to limit the reach of federal financial regulations.
  • Obama to pitch $52M plan to regulate oil markets

    04/17/2012 5:32:47 AM PDT · by Oldeconomybuyer · 28 replies
    FOX News ^ | April 17, 2012
    WASHINGTON – Under pressure to take action on rising gasoline prices, President Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions. The White House plan, which Obama was to unveil Tuesday, is more likely to draw sharp election-year distinctions with Republicans than have an immediate effect on prices at the pump. The measures seek to boost spending for Wall Street enforcement at a time when congressional Republicans are seeking to limit the reach of federal financial...
  • APPA sues EPA over mercury rule, saying deadlines 'unachievable'

    04/16/2012 4:27:40 PM PDT · by Oldeconomybuyer · 10 replies
    Platts.com ^ | April 16, 2012 | by Cathy Cash
    Washington - The American Public Power Association, in a rare move, is suing the US Environmental Protection Agency over its new Mercury and Air Toxics Standards and urging the agency to reconsider the national mandate's deadlines. It said the deadlines are "unachievable" for public power utilities that face state and municipal legal requirements. This is the first time the trade association for state and local governments that own and operate electric power has filed suit against EPA over regulations. The rule takes effect Monday.
  • Subsidized, Bankrupt Solyndra Managers Got $368,500 in Court-Ordered Bonuses

    04/16/2012 4:17:06 PM PDT · by Oldeconomybuyer · 1 replies
    CNS News ^ | April 16, 2012 | by Fred Lucas
    A bankruptcy court ordered $368,500 in bonuses for 20 top managers and employees of Solyndra, the solar panel firm that received $535 million from taxpayers two years before filing for bankruptcy and laying off 11,000 employees. The bonuses kicked in on March 31. The 20 high-level workers earned a total base pay of $2.49 million before the bonuses. One of the executives earned a base annual salary of $206,499 and received a $30,000 incentive under the court order handed down on Feb. 22 by U.S. Bankruptcy Judge Mary F. Walrath in Delaware. Another executive earning $189,000 in base pay was...
  • Obama’s aim to end ‘too big to fail’ undercut, report says

    04/16/2012 4:05:52 PM PDT · by Oldeconomybuyer · 1 replies
    MSNBC ^ | April 16, 2012 | Staff
    President Obama’s bid to end the problem of big banks becoming “too big to fail” is falling far short of its aim, according to a report. Bloomberg News reported Monday that today the nation’s largest banks are bigger than they were before the credit crisis. Five of the nation’s biggest banks are about twice as large as they were a decade ago relative to the size of the economy, the report shows, raising concern that trouble at a major bank would have a detrimental effect on the broader financial system and force the government to intervene to prevent a crisis,...
  • Dropping Fossil Fuels For Green Energy Would Be Foolish

    04/16/2012 3:59:38 PM PDT · by Oldeconomybuyer · 1 replies
    Investors.com ^ | April 16, 2012 | Editorial
    Barack Obama has been promising a green future since before he was president. While we might one day be powered by renewable energy, there's no reason to rush it. Fossil fuels are still abundant, reliable and cheap. Roughly 85% of our domestic energy is provided by fossil fuels. They generate more than 96% of the energy used in transportation and about 67% of the electricity we consume. Despite promises and commands from the Obama administration — the president pledged in 2009 to cut oil consumption 35% by 2030, for instance — these ratios aren't going to change much in coming...
  • RomneyCare Now Funding FREE Abortions: A Disqualifier for Mitt Romney’s Candidacy [Enabler Mitt]

    04/16/2012 11:15:39 AM PDT · by Colofornian · 20 replies
    MassResistance.com ^ | March 7, 2012 | Amy L. Contrada
    RomneyCare now offers free elective surgical abortions. Mitt Romney was the enabler. This is how his government-dictated health plan is playing out. And he’s still proud of it. When he does touch on defects in his health plan, he never mentions abortion coverage as a problem. He’s either fine with it, or realizes he has to downplay it to get the conservative vote. When the law was first implemented, there was a $50 copay for a RomneyCare elective surgical abortion. Now RomneyCare abortions are "free" for a $0 copay (or $50-$100 in some plans). In fact, the $0 copay shows...
  • When Mormons were socialists [From 'United Order' communism --> Lds Church, Inc.]

    04/16/2012 7:12:15 AM PDT · by Colofornian · 29 replies
    Salon.com ^ | April 15, 2012 | Troy Williams
    SNIP One hundred and eighty-two years after its founding, the Church of Jesus Christ of Latter-day Saints is certainly prospering. The Church has diversified into commercial enterprises, owning television and radio stations, universities, farms, banks and...retail. Last month, the Church opened City Creek Mall, a stunning billion-dollar downtown renovation in Salt Lake City... Mitt Romney and City Creek represent the culmination of a great transformation within Mormonism. As an outcast faith, early Mormons experimented with communal living and alternative marriages. This original brand of Mormonism was typified by their rugged frontier prophet and polygamist outsider Brigham Young... Young’s egalitarian separatism...
  • Why America is Devolving Towards Absolute Government Control

    04/15/2012 8:03:57 PM PDT · by OneLoyalAmerican · 71 replies
    Canada Free Press ^ | Sunday, April 15, 2012 | Kelly OConnell
    The relentless encroachment of socialism upon America’s economic, cultural and governmental landscape is like a bad dream to most red-blooded Americans. When society changes it can seem like the ineluctable drift of evolution or chance. But in the case of America’s ongoing continued expansion of government powers, spiking taxes, and shrinking military, it’s all part of a planned elitist push into socialism. And one need not believe in secret conspiracies when contemplating this shift. In fact, for those paying attention, it was all outlined long ago by the Fabian Socialist society, and other groups such as the Frankfurt School, as...
  • Six percent of UK's wealthiest pay less than 10 percent tax - data

    04/15/2012 4:51:53 PM PDT · by Oldeconomybuyer · 8 replies
    Reuters UK ^ | April 16, 2012 | by Fiona Shaikh
    (Reuters) - Some six percent of Britain's wealthiest people used tax reliefs to reduce their tax bills to less than 10 percent, according to data published by Britain's finance ministry on Monday, which it said highlighted the need to make the tax system fairer. In Britain, anyone earning up to 34,370 pounds is liable to income tax of 20 percent, while those earning over 150,000 pounds must pay 50 percent, though that is set to fall to 45 percent from April 2013. The Treasury figures show that 3 percent of people with earnings of between 1 and 5 million pounds...
  • Sarkozy 'embarrassed France' with Obama video conference TV stunt

    04/15/2012 1:59:10 PM PDT · by Cincinna · 5 replies
    The Guardian UK ^ | April 15 2012  | Angelique Chrisafis 
    Nicolas Sarkozy has been accused of using a video conference with Barack Obama to boost his election campaign. In an unprecedented move in French diplomacy, newscasts on several TV channels showed the first few minutes of a video link-up between the French president and his US counterpart. Days before the first-round vote in the French presidential election, on 22 April, the rare glimpse of banter between world leaders shows Obama saying of the campaign: "It must be a busy time." He adds: "I admire the tough battle you are waging." Sarkozy replies, grinning, with arms folded: "We will win, Mr...
  • Foul Play: War on women is real [by Sen. Barbara Boxer]

    04/15/2012 6:29:46 AM PDT · by Oldeconomybuyer · 23 replies
    Politico ^ | April 12, 2012 | Sen. Barbara Boxer (D-CA)
    Suppose it’s the championship basketball game and one player is committing foul after foul. Each time, he denies he’s committed any offense. Eventually, he fouls out. But even as he heads to the bench, he’s protesting that he did nothing wrong. That’s what we’re seeing today from Republicans who claim there is no “war on women.” The Republican National Committee chairman likened it to a “war on caterpillars.” But whether it’s sports or politics, denials don’t change the facts. So let’s look at them. House Republicans have introduced more than 30 bills that would restrict a woman’s reproductive health care....
  • India won't be able to store another bumper crop

    04/15/2012 6:16:43 AM PDT · by DeaconBenjamin · 53 replies
    Economic Times ^ | 15 Apr, 2012, 03.54PM IST, IANS
    NEW DELHI: The problem of plenty is once again troubling the Indian government as it does not know where to store the bumper grains to be harvested for the third year in a row. Fears are rising that the grains would be out in the open, rot and be eaten by rodents even as millions go hungry in the country which is planning to enact a right to food law.The government's plans to create additional storage space have so far moved at a snail's pace. For instance, of the additional storage capacity of 19 million tonnes (MT) planned by 2012-13...
  • You My Friend are No Ronald reagan

    04/15/2012 5:19:50 AM PDT · by ShelleyAa · 4 replies
    You My Friend Are No Ronald Reagan! Current events suggest President Obama is to be thought of as, "Reagan - like." For many with strong remembrance of President Ronald Reagan, Obama cannot compare. History will remind us that President Reagan, "The Great Communicator,"continually conveyed love of country; it's people and history. He strived to bring us together, having pride in country and gratitude for its blessings. Whereas, Obama, with arrogance, has pushed an unsolicited agenda, purposefully, rewrote history, shown contempt for nation with his "apology tour,"and avoided acknowledgment of, "The City on the Hill." President Reagan stood with conviction for...
  • If Health Insurance Mandates Are Unconstitutional, Why Did the Founding Fathers Back Them?

    04/14/2012 6:57:07 PM PDT · by Kaslin · 71 replies
    The New Republic ^ | April 13, 2012 | Einer Elhauge
    In making the legal case against Obamacare’s individual mandate, challengers have argued that the framers of our Constitution would certainly have found such a measure to be unconstitutional. Nevermind that nothing in the text or history of the Constitution’s Commerce Clause indicates that Congress cannot mandate commercial purchases. The framers, challengers have claimed, thought a constitutional ban on purchase mandates was too “obvious” to mention. Their core basis for this claim is that purchase mandates are unprecedented, which they say would not be the case if it was understood this power existed. But there’s a major problem with this line...
  • Soros' Big Fat Statist Solution for Europe - "Fiscal Windex" is NOT The Answer

    04/14/2012 7:52:17 PM PDT · by whitedog57
    Confounded Interest ^ | 04/14/2012 | Anthony B. Sanders
    George Soros has a solution for the European debt crisis! But before you get too excited, remember that Mr. Soros is a Statist (Socialist, Progressive) and Statists are always predictable. They want MORE government control, more government spending, more government control (regulation), more taxes, more ... everything to fuel the big government machine. They also want fewer personal rights, fewer freedoms, less choice, less of everything. Here is the Soros' Big Fat Statist Solution for Europe. Rather than suggest tax cuts for Europe, less government spending and more personal responsibility, Mr. Soros By rewarding good behavior, the fiscal compact would...
  • Nebraska governor rejects prenatal care funding for illegal immigrants

    04/14/2012 1:21:05 PM PDT · by moonshinner_09 · 8 replies
    Reuters‎ ^ | Fri Apr 13, 2012 | David Bailey; Editing by David Brunnstrom
    (Reuters) - Nebraska Governor Dave Heineman vetoed a proposal to restore Medicaid-funded prenatal care for illegal immigrants on Friday, but the initiative could still survive if the state legislature rejects his move next week. Nebraska state senators voted 31-15 on Wednesday to restore the program, which was eliminated two years ago after providing prenatal care for decades. The number of votes in favor was one more than would be needed to override the veto and the Nebraska legislature has one day left in its current session -- next Wednesday -- in which to do so. "I oppose providing taxpayer benefits...
  • How to legally dissolve the U.S. Federal Government (Forget Secession)

    04/14/2012 9:30:37 AM PDT · by broken_arrow1 · 49 replies
    Nolan Chart ^ | July 22, 2009 | Skip Sanders
    Thirty four (34) is the number of Legislatures from the several States necessary to call a States Convention or a Constitutional Convention. This also known as an Article Five(5) Convention, or a Convention to Amend the U.S. Constitution. With fifty (50) States in the U.S. Federal Compact today, thirty four (34) is the Constitutional number of legislatures from the several States needed to cross the threshold for such a convention. Let's look at Article 5 of the U.S. Constitution : "The Congress, whenever two thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution, or, on...
  • Sarkozy's comeback hopes crumble, polls show

    04/13/2012 5:13:48 PM PDT · by Cincinna · 15 replies
    Yahoo News ^ | April 13 2012 | Brian Love 
    French President Nicolas Sarkozy defended his economic record on Friday as a slew of opinion polls suggested his prospects of re-election were crumbling just over a week from round one of a vote where Socialist Francois Hollande is the clear frontrunner.      Four polls published in less than 24 hours showed Hollande extending his lead, with the conservative incumbent's modest gains of the past month starting to evaporate ahead of a two-round contest taking place on April 22 and May 6. A CSA poll showed Hollande winning the May 6 run-off with 57 percent of the vote. Three other polls...
  • Tennessee teacher law could boost creationism, climate denial

    04/13/2012 3:26:26 PM PDT · by Oldeconomybuyer · 11 replies
    Reuters ^ | April 13, 2012 | By Deborah Zabarenko
    (Reuters) - A new Tennessee law protects teachers who explore the "scientific strengths and scientific weaknesses" of evolution and climate change, a move science education advocates say could make it easier for creationism and global warming denial to enter U.S. classrooms. The measure, which became law Tuesday, made Tennessee the second state, after Louisiana, to enable teachers to more easily teach alternative theories to the widely accepted scientific concepts of evolution and human-caused climate change. At least five other states considered similar legislation this year. The heart of the law is protection for teachers who "help students understand, analyze, critique,...
  • Press Gaggle by Press Secretary Jay Carney

    04/13/2012 11:57:38 AM PDT · by Oldeconomybuyer · 9 replies
    The White House ^ | April 13, 2012 | Jay Carney
    Q: Yesterday on Hillary Rosen, you had mentioned in the briefing yesterday that -- Hillary Rosen had come about 30 times. Have you followed up yet to find out if it was the Hillary Rosen who is a Democratic strategist? MR. CARNEY: Sure, let me address that broadly. The point I was making yesterday is that often when we get inquiries about the visitor list, the WAVES list, just based on names, it turns out that people with common names appear -- how do I want to say this? That sometimes there are other people with the same names. This...
  • Environmental Justice For All [1999 Press Release]

    04/13/2012 10:49:44 AM PDT · by Absolutely Nobama · 3 replies
    Nancy Pelosi's OFFICIAL Website ^ | May 25, 1999 | Pelosi Press Release
    Below is a press release from the office of Nancy Pelosi. This press release, while old, is important because it shows just how far-left the House Minority Leader actually is. Not only that, it's also very important because the EPA has made "environmental justice" one of its top priorities. (Statements that are especially troubling have emphasis added.) *********************************** "It is already clear that environmental justice will become a pivotal human rights issue in the next century. The basic reason is also clear: viewed through the lens of social progress, the history of our time is essentially the saga of the...
  • Agenda 21 Action Thread

    03/23/2012 4:34:41 PM PDT · by TEXOKIE · 216 replies · 2+ views
    A few days ago I realized that we who are participating on the Agenda 21 thread have amassed an impressive amount of data and links which are quite important for the educating of anyone who is wondering what “Agenda 21” is all about. There is absolutely no question in the minds of any of our participants at this stage that “Agenda 21” is real, and is NOT a tin-foil hat conspiracy. There are quite a number of people on this forum who were way ahead of us, and have been quite patient with us while some (like myself) have played...
  • Top Teachers Union Organizer Self-Declared Socialist, bin Laden Apologist

    04/12/2012 8:14:31 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | April 12, 2012 | Kyle Olson
    It’s been said you can judge a person’s character by the company he keeps. The same can be said of organizations. That’s why it’s so troubling that a national teachers union – the American Federation of Teachers – continues to employ such radicals. The latest example is Shaun Richman, the deputy director of organizing for the AFT. It was first reported at EAGnews.org. Richman’s previous organizing experience? The Socialist Party-USA. In 2001 he was quoted discussing the party’s plans to run candidates for office and in 2005, he was running the party’s national convention. In 2006, he was producing...
  • How Deval Patrick Gutted Romneycare's Market-Oriented Health Reforms

    04/12/2012 3:53:14 PM PDT · by Oldeconomybuyer · 13 replies
    Forbes ^ | April 12, 2012 | by Avik Roy
    Six years ago today, at a majestic ceremony in Boston’s Faneuil Hall, then-Massachusetts Governor Mitt Romney signed into law “An Act Providing Access to Affordable, Quality, Accountable Health Care.” But the bipartisan bliss didn’t last very long. Just prior to the ceremony, Romney’s aides had announced that the Governor would be vetoing several key provisions of the bill, including its employer mandate that forced all companies in the state, employing more than 10 people, to provide health coverage for their workers or pay a $295-per-person fine. Romney vetoed several other provisions of the law, including one that extended dental benefits...
  • Happy Birthday, Romneycare! XOXO–Obama campaign

    04/12/2012 3:46:04 PM PDT · by Oldeconomybuyer · 3 replies
    ABC "News" ^ | April 12, 2012 | By Olivier Knox
    Turn your head and cough: President Barack Obama's reelection campaign on Thursday marked the 6th anniversary of Mitt Romney's health overhaul in Massachusetts with an online ad touting it as the inspiration for "Obamacare." Never mind that the presumptive Republican presidential nominee has vowed to kill Obamacare on "Day One" if he wins the White House. The three-minute spot aims to blunt Romney's attacks on Obama's signature domestic policy achievement as well as paint him as a hypocrite or a flip-flopper. It could serve to remind conservatives who loathe Obamacare's requirement that Americans have insurance (or pay a penalty) that...
  • Gov’t Spent $205,075 to ‘Translocate’ One Shrub from Path of San Fran Stimulus Project

    04/12/2012 3:38:08 PM PDT · by Oldeconomybuyer · 18 replies
    CNS News ^ | April 12, 2012 | By Thomas Cloud
    The government spent at least $205,075 in 2010 to “translocate” a single bush in San Francisco that stood in the path of a $1.045 billion highway-renovation project that was partially funded by the economic stimulus legislation President Barack Obama signed in 2009. “In October 2009, an ecologist identified a plant growing in a concrete-bound median strip along Doyle Drive in the Presidio as Arctostaphylos franciscana,” the U.S. Department of Interior reported in the Aug. 10, 2010 edition of the Federal Register. The bush—a Franciscan manzanita—was a specimen of a commercially cultivated species of shrub that can be purchased from nurseries...
  • State senators say they won't rush bullet train plans

    04/12/2012 7:54:14 AM PDT · by Oldeconomybuyer · 10 replies
    Los Angeles Times ^ | April 11, 2012 | By Ralph Vartabedian
    The plan to build the California bullet train is almost certain to be approved Thursday by the state's high-speed rail authority at a board meeting in San Francisco, but the project is facing a less certain future in Sacramento. The rail authority has long insisted that it needs to move as quickly as possible, starting construction on an initial $6-billion segment of track through the Central Valley this year to meet the terms of a federal grant that covers more than half of the initial project. But that push by the authority, labor unions and the Brown administration for quick...
  • US jobless claims raise recovery fears

    04/12/2012 7:41:50 AM PDT · by Oldeconomybuyer · 16 replies
    Financial Times ^ | April 12, 2012 | By Anjli Raval
    First-time claims for jobless benefits in the US rose last week, which, coupled with last Friday’s downbeat jobs report has reignited fears about the pace of the country’s economic recovery. While some economists have said the numbers are a distortion caused by the early timing of the Easter and Passover holidays this year, rather than a sign that labour market conditions have deteriorated, others have said the data combined with disappointing payroll growth in last week’s jobs report for March is a reminder that fewer job losses do not necessarily mean new hiring. “The spike in energy prices is beginning...
  • Obamacare abortion mandate withers, More states opting out of extremist liberal plan

    04/11/2012 4:37:48 PM PDT · by Oldeconomybuyer · 2 replies
    Washington Times ^ | April 11, 2012 | By Daniel McConchie and Mary Harned
    The Department of Health and Human Services has set in motion the Obamacare abortion premium mandate, a provision that permits insurance plans that cover abortions to participate in state exchanges and requires all enrollees in those plans - even those with religious and moral objections to abortion - to pay a separate monthly premium to cover abortions. But many states are diligently passing laws to stop it. The administration’s health care law permits a state to opt out of allowing health insurance plans that cover abortions to participate in the new health insurance exchanges within that state and thereby prohibit...
  • Doctors worried about impact of Obamacare

    04/11/2012 4:33:55 PM PDT · by Oldeconomybuyer · 11 replies
    Global Post ^ | April 11, 2012 | by Alexander Besant
    In a survey of 500 young doctors conducted this week, a majority responded that they felt pessimistic about the future of the US health care system, with the new healthcare law their central concern. Reuters reported Wednesday that 57 percent of the young doctors (those under 40) that responded to the survey said that the Affordable Health Care Act, so called "Obamacare," would have a negative impact on their practices. This is in contrast to the 23 percent that said it would be positive. The Baby Center website cited other surveys that found similar results among doctors, such as the...
  • GSA employees travel to Hawaii five-days for a one-hour ribbon cutting

    04/11/2012 1:22:44 PM PDT · by Oldeconomybuyer · 14 replies
    FOX News ^ | April 11, 2012 | By Chad Pergram
    he House Transportation and Infrastructure Committee said Wednesday that five employees associated with the recently scandal-plagued Government Services Administration went to Hawaii for up to a week in 2011 to attend an hour-long ribbon cutting on space leased by the federal government for the FBI. Details of the incident surfaced in a transcript of an interview between the GSA Inspector General’s Office and a GSA employee. The employee indicated to the IG investigator that trip was not isolated and that there was another, longer junket scheduled for Hawaii this fall. That one would be in Hilo, Hawaii for 10 days...
  • How much is your country really worth to you?

    04/11/2012 7:47:17 AM PDT · by Starman417 · 9 replies
    Flopping Aces ^ | 04-11-12 | Vince
    Over the course of the last ten years millions of brave men and women have served in the United States military. Those people, those fathers, mothers, sons and daughters deserve every ounce of respect that Americans of all stripes have. It says a lot about both the country and these individuals that they still see something in the United States worth defending and that they were willing to sign on the dotted line to do so. Unfortunately, that is simply not enough. Not that those brave men and women aren’t giving enough, but rather, the great sacrifice they have been...
  • Let's bring back the idea of a free UC education

    04/11/2012 5:56:54 AM PDT · by Oldeconomybuyer · 33 replies
    Los Angeles Times ^ | April 11, 2012 | By Michael Hiltzik
    Tuition increases are threatening to place a University of California education out of the reach of working-class and middle-class students. The roll of Californians who rose from modest circumstances to enrich our lives and our society after receiving a taxpayer-supported education at the University of California — or Cal State or the community college system — is too long to enumerate here. They're scientists who made world-altering discoveries, literary artists, composers and musicians, political leaders of city, state and country. So here's a radical proposal: As tuition increases threaten to place a UC education out of the reach of working-class...
  • Live from New York – It’s The Hunger Games!

    04/10/2012 7:32:15 PM PDT · by Starman417 · 2 replies
    Flopping Aces ^ | 04-10-12 | Brother Bob
    Sometimes even a 24/7 news cycle can get so heavily dominated by a handful of stories that everything else seems to disappear. Just as we started to wind down from the tale of a future 1 percenter complaining that a religious-affiliated school should pay for her birth control, we've jumped into the Trevon Martin case becoming the focal point of the left's "Keep Hate Alive" campaign for 2012, along with leftist leadership starting to launch pre-emptive attacks against the Supreme Court for potentially committing that horrific act of judicial activism known as striking down an unconstitutional law. In this...
  • Excerpts of the President’s remarks on the economy at Florida Atlantic University

    04/10/2012 10:33:27 AM PDT · by Oldeconomybuyer · 9 replies
    Local 10 TV News ^ | April 10, 2012
    BOCA RATON, Fla. -“So let me you ask you:  what’s a better way to make our economy stronger?  Giving another $150,000 tax break to every millionaire and billionaire in the country?  Or making investments in education and research and health care and our veterans?Right now, the share of our national income flowing to the top 1% has climbed to levels last seen in the 1920s.  And yet those same people are also paying taxes at one of the lowest rates in 50 years.  You might have heard this, but Warren Buffett is paying a lower tax rate than his secretary. That’s...
  • Obamacare’s fake accounting

    04/10/2012 9:24:24 AM PDT · by Oldeconomybuyer · 1 replies
    Washington Post ^ | April 10, 2012 | Jennifer Rubin
    Charles Blahous, a senior research fellow George Mason University and one of the two public trustees for the Social Security and Medicare programs, is out with a study that confirms the common-sense argument conservatives have been making for years: You can’t vastly expand and subsidize gold-plated health-care insurance and expect to save money. What is at issue is the difference between government accounting and a realistic assessment of our future costs. Although the Congressional Budget Office and Medicare Trustees accounting conventions have obscured the economic impact of Obamacare, in plain terms it will cost us more money than it will...
  • Greece to rent out police by the hour

    04/10/2012 9:12:26 AM PDT · by bkopto · 4 replies
    NHK World ^ | April 10, 2012 | Staff
    The Greek government has decided to rent out its police officers as security guards to businesses and private individuals as a way to deal with its debt problems. The police announced on Monday that officers may be hired to provide protection services, such as escort for people transporting works of art or large amounts of money. Prices start at about 40 dollars an hour for a single police officer and 65 dollars for an officer with a police dog. If the job requires a helicopter, it will cost about 2,000 dollars. The police said the rent-a-cop service will not interfere...
  • Top Earners Pay Higher Tax Rates Even Without Buffett Rule

    04/10/2012 8:47:13 AM PDT · by Oldeconomybuyer
    San Francisco Chronicle ^ | April 10, 2012 | by Richard Rubin
    President Barack Obama is promoting a "Buffett rule" setting a minimum tax rate for top earners to ensure they pay a higher percentage of their income than middle- class families. For the most part, they already do. "The Buffett rule, amongst economists, could also be called the stupid rule," said Kevin Hassett, a senior fellow at the American Enterprise Institute, a Washington group that supports free enterprise. "It's basically just a back-door way to hike taxes on capital." Obama has framed his push for the Buffett rule as a fairness issue, and made the case by comparing effective tax rates...
  • Obama team slams Romney for not paying "fair share" of taxes

    04/10/2012 8:20:34 AM PDT · by Oldeconomybuyer · 42 replies
    CNBC ^ | April 10, 2012
    WASHINGTON - President Barack Obama's campaign team attacked his likely Republican opponent, Mitt Romney, on Tuesday for not paying his "fair share" of taxes ahead of a speech by the president on why millionaires should bear a larger tax burden. Obama's populist message is a clear swipe at Romney, the wealthy Republican front-runner likely to face him in the November 6 election, as the Democratic president seeks to appeal to blue-collar voters he will need to win a second term. One of the richest men ever to seek the White House, Romney paid an effective tax rate of 13.9 percent...
  • Raising the Floor on Pay

    04/10/2012 6:57:23 AM PDT · by Oldeconomybuyer · 16 replies
    New York Times via Yahoo! News ^ | April 10, 2012 | By STEVEN GREENHOUSE
    As the nation’s economy slowly recovers and income inequality emerges as a crucial issue in the presidential campaign, lawmakers are facing growing pressure to raise the minimum wage, which was last increased at the federal level to $7.25 an hour in July 2009. State legislators in New York, New Jersey, Connecticut, Illinois and elsewhere are pushing to raise the minimum wage above the federal level in their own states, arguing that $7.25 an hour is too meager for anyone to live on. These moves are giving momentum to an effort to persuade Congress to embrace a higher national minimum wage....
  • [The Department of Homeland Security's "Environmental Justice" Strategy]

    04/09/2012 9:10:08 PM PDT · by Absolutely Nobama · 109 replies
    The Department of Homeland Security ^ | Feb. 2012 | Some overpaid slob at DHS
    “Environmental justice” describes the commitment of the Federal Government, through its policies, programs, and activities, to avoid placing disproportionately high and adverse effects on the human health and environment of minority or low-income populations. As described in the 2010 Quadrennial Homeland Security Review (QHSR), our Nation’s vision of homeland security is a homeland safe and secure, resilient against terrorism and other hazards, and where American interests and aspirations and the American way of life can thrive. In seeking to fulfill this vision, the Department of Homeland Security (DHS) aspires to avoid burdening minority and low-income populations with a disproportionate share...
  • [UK] Homeowners to foot bill for green improvements

    04/09/2012 11:38:07 AM PDT · by Oldeconomybuyer · 8 replies
    UK Telegraph ^ | April 9, 2012 | By Nick Collins, Science Correspondent
    New regulations proposed by the government will prevent people making significant home improvements unless they also pay for energy saving measures such as loft or wall insulation for existing foundations at the same time. Home owners who are unable to afford the additional cost will be told to borrow it under the government's Green Deal, under which the money is paid back with interest via energy bills. The new regulations, which will apply to specified home improvements including loft and garage conversions, conservatory extensions, and boiler or window replacements, could come into effect as early as October when the Green...
  • Barack Obama: Administrator? The Facts Behind the Fiction

    04/09/2012 9:06:45 AM PDT · by IbJensen · 6 replies
    The New American ^ | 4/7/2012 | Joe Wolverton II
    On April 3 Salon.com published an article by Arthur Goldwag that amounts to nothing more or less than a 1,700-word screed whose sole purpose appears to be branding the entire conservative movement as a bunch of “twisted,” gullible, conspiracy kooks who’ll believe anything as long as it comes from the right sources. In a bit of uncomfortable irony, Goldwag demonstrates his own dearth of intellectual credibility and literary deftness by making one attempt after the other to denigrate a novel and thus deprive it of any possible potency. Goldwag’s target: Philip Dru: Administrator. Story of Tomorrow. Philip Dru is a...
  • Spain: How about making rich pay for health care?

    04/09/2012 7:33:24 AM PDT · by Oldeconomybuyer · 18 replies
    AP via Google News ^ | April 9, 2012 | By DANIEL WOOLLS
    MADRID (AP) — Spain should consider making richer people pay for their universal health coverage, the country's economy minister said Monday in another reflection of a government scraping and clawing for new sources of revenue. The ruling party quickly disavowed him, saying the official was only expressing a personal opinion. Spain should mull the idea of making people who earn more than €100,000 ($130,000) a year pay for state-administered health care that is financed with taxpayer money. Few people earn that much in Spain, where the average salary is about €20,000 a year, and many make even less. The unemployment...
  • Too big to fail, too long to read

    04/08/2012 6:43:11 AM PDT · by Oldeconomybuyer · 12 replies
    North Platte Telegraph (NE) ^ | April 8, 2012 | Editorial
    As we await the U.S. Supreme Court decision sometime in June on President Obama's Affordable Care Act, Americans are pondering what will happen if the insurance mandate portion of the 2,700-page bill is ruled unconstitutional, a very real possibility given the tough questioning the provision received when the court heard oral arguments last week. However you stand on the question of requiring Americans to purchase health insurance, the possibility of rejecting the primary funding provision of the law, and allowing the rest of the huge law to stand, is a dire prospect. Even our free-spending lawmakers flinch at the possibility...
  • Affordable Care Act a leap forward for women

    04/08/2012 6:27:19 AM PDT · by Oldeconomybuyer · 60 replies
    Bakersfield Californian ^ | April 7, 2012 | by Cate Edwards
    The Supreme Court is again at the center of a highly controversial policy debate, having just heard arguments for the Affordable Care Act. There's been much discussion about the justices' supposed political agendas. I've heard fear-mongering about government takeovers and rumors of increased business costs. But I haven't heard much about what's really at stake: the welfare of the American people -- specifically women. Women like my mother and the other mothers, wives, sisters and daughters who need preventive services to ensure that they are healthy. Our Constitution was created to "promote the general welfare." So a court that strikes...
  • Who needs a Supreme Court?

    04/08/2012 6:13:14 AM PDT · by Oldeconomybuyer · 21 replies
    Hernando Today (FL) ^ | April 8, 2012 | Staff
    It is becoming more and more apparent that the present occupant of 1600 Pennsylvania Ave, Washington, D.C., is like a petulant child if he doesn't get his way. To say that he is audacious is an understatement. He is more of a recalcitrant individual who, by the way, takes many liberties with the facts. His latest tirade against the Supreme Court of the United States is yet another example of a ruler, not a leader. For a constitutional law professor, he must have been asleep when the class was studying the Constitution. He certainly must have never heard of Marbury...