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US economy surprisingly grows at 2.8 percent annual rate over summer, best showing in a... - 0 views

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    WASHINGTON –  The U.S. financial system expanded at a 2.8 % once-a-year charge from July as a result of September, a stunning indication of toughness forward of the 16-working day partial authorities shutdown. Exports rose, firms stocked up, property construction increased and point out and regional governments used at the swiftest rate in four years.
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Amazon.com: Tear Down This Myth: How the Reagan Legacy Has Distorted Our Politics and H... - 0 views

  • Two books have been recently published which attempt to present an alternative perspective on the Reagan presidency. One, William Kleinecht's The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America, is revisionist polemic and does more to enrage than enlighten. Will Bunch's Tear Down this Myth, however, is a fair and balanced (to borrow a phrase popular with right-wingers) look at the Reagan presidency. Far from polemic, and often complimentary to President Reagan, Bunch attempts to reveal the presidency of Ronald Reagan as it was experienced by those during the era. Many of the negative reviews appearing on Amazon are obviously written by those who didn't read the book. As I've said before, Amazon needs to look more carefully at reviews before publishing them. This is not a chat board.
  • But Reagan made mistakes which have been glossed over: including the stationing of Marines in Lebanon and providing aid to Saddam Hussein. The Iran-Contra scandal, which nearly sank his presidency, has been almost forgotten. And the spiraling deficits of the 1980s (repeated 20 years later) proved that the Laffer Curve, which was the cornerstone of Reaganomics, had no basis in actual fact.
  • Bunch reminds us that Reagan was not particularly popular during most of his presidency, and that many Americans had good reason to wonder whether the country was in competent hands. Bunch runs over the Iran-Contra scandal, which came close to ending up in Reagan's impeachment. Far from being a thrifty government downsizer, he added $2 trillion to the national debt and grew the government. Bunch also reminds us that Reagan was the original "cut and run" artist, pulling US troops out of a failed mission in Lebanon within weeks after 241 Marines were killed there in a terrorist attack. We are reminded that Reagan's overtures to Iran to free hostages only resulted in more Americans being taken, and that his economic plans sowed the seeds of deregulation and greed that we are still reaping.
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  • We also see Reagan, the man who hated committing troops to war, who was a pragmatist economist who raised taxes when his trickle down theories did not working and whose personal diplomacy with the Soviets came close to riding the world of nuclear weapons.
  • I personally have long thought that the invasion of tiny Grenada, coming close on the heels of the Marine barracks disaster, was meant to distract the public from Reagan's ineptitude.
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Black Power Brokers Ready to Rise In Tandem With New President - WSJ.com - 0 views

  • Seated in his office recently, Mr. Johnson casually pulled out a list that's been circulating over the Internet of rumored Obama cabinet picks. Next to his name was the title secretary of labor. "I was flattered," said Mr. Johnson, before dismissing the speculative document with a laugh. "I am part of the Obama team and I'd want that to continue -- if asked."
  • Being known as a top fund-raiser or adviser to Mr. Obama has given African-Americans "the opportunity to build wonderful relationships," says John Rogers, the 50-year-old founder of Chicago-based Ariel Capital Management who has known the president-elect for years.
  • Of those hoping for access and government stints, some may be disappointed. Loyalties aside, Mr. Obama, according to people familiar with his thinking, may be constrained in the number of blacks he appoints to avoid any charges of favoring African-Americans.
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  • "There is no one who represents the black inner city, who is rooted in the black community," says the Rev. Eugene Rivers, an influential black Boston minister. "It's the whole black Brahmin thing: Vote for us because we're better than you."
  • But now, the spotlight has shifted to a new cadre of African-Americans in their 40s and 50s. Their growing visibility is already changing the tone of Washington and creating new power matrixes. For example, Eric Holder -- who helped conduct Mr. Obama's search for a vice president and is considered by people close to the campaign as a candidate for attorney general
  • When Mr. Obama first ran for office in Chicago, campaign workers recall, he took out his copy of the Harvard Law School alumni directory and began dialing to solicit donations. In this campaign cycle, Mr. Obama has raised more than $500,000 from Harvard faculty and staff -- not including alumni -- making the school the third-largest contributor among employers.
  • Some blacks believe that a larger ripple effect is under way -- that Mr. Obama's ascendancy is affecting, for instance, things like the number of black commentators appearing on cable-TV news shows. Says Ms. Butts: "You will see changes in Washington, D.C., where people are making decisions about who is running a news bureau, who is heading up a lobbying shop," bringing in more blacks to top positions.
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Obama and McCain Clash Over Economy - NYTimes.com - 0 views

  • But in a moment that caught the attention of people in both parties, he appeared agitated in criticizing Mr. Obama for a Senate vote he cast, referring to his opponent only as “that one.”
  • Mr. McCain sought to break through by highlighting a proposal under which the Treasury Department would buy up mortgages that had gone bad, and in effect refinance them at prices homeowners could afford
  • There were no obvious dramatic breakthrough moments by Mr. McCain; indeed, although the two men pummeled back and forth, it was Mr. Obama who more consistently drew sharp contrasts between the voting records and campaign promises of the two.
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  • He cast his arm at Mr. Obama. “That one,” he said. “You know who voted against it? Me.”
  • “Senator McCain and I actually agree on something,” Mr. Obama said. “He said a while back that the big problem with energy is that for the last 30 years politicians in Washington haven’t done anything. What McCain doesn’t mention is he’s been there 26 of them and during that time he voted 23 times against alternative fuels.”
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Think Progress » Blog Archive » Krauthammer: McCain Has 'Hidden Agenda' To 'K... - 0 views

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    McCain appears to be calling for a new international alliance focused on democracy. But isn't that alliance the United Nations? McCain's "leage of Democracies" would undoubtedly resemble a tougher, more militarily aggressive, UN dominated by American players and ideologies. Kind of like a UN you can invade the world with.
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    Numerous media outlets interpreted McCain's speech as a call for "cooperation" and "collaboration" with allies and the rest of the world, "drawing a sharp contrast to the past eight years under President Bush." But last night on Fox News, conservative columnist Charles Krauthammer revealed the true meaning behind McCain's "League of Democracies":
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    That is EXACTLY what I thought when I read about this..."league of democracies" = tool of US to keep certain players out of the mix
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Steve King To Conservatives: 'Implode' IRS Offices | TPM LiveWire - 0 views

  • King's comments weren't recorded, but a staffer for Media Matters, who heard the comments, provided TPMmuckraker with an account. The staffer, who requested anonymity because she's not a communications specialist, said that King, an extreme right-winger with a reputation for eyebrow-raising rhetoric, appeared as a surprise guest speaker on an immigration panel at the conservative conference. During his closing remarks, King veered into a complaint about high taxes, and said he could "empathize" with the man who flew a plane into an IRS building last week. During the question and answer session, the Media Matters staffer asked King to clarify his comment, reminding him of his sworn duty to protect the American people from all sworn enemies, foreign and domestic. In response, said the staffer, King gave a long and convoluted answer about having been personally audited by the IRS, and ended by saying he intended to hold a fundraiser to help people "implode" their local IRS office.
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    Rep. Steve King (R-IA) told a crowd at CPAC on Saturday that he could "empathize" with the suicide bomber who last week attacked an IRS office in Austin, and encouraged his listeners to "implode" other IRS offices, according to a witness.
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Joe Stack: How to Really Tick Off the IRS - CBS MoneyWatch.com - 0 views

  • However, tax experts say that if you want to really annoy the IRS, you could do one of three things: Fail to file a return completely; loudly maintain that the tax code doesn’t apply to you; or cheat on employment tax filings for your workers. Stack appears to have done all three. And if the tone of his letter is any indication, he not only hit all of these IRS hot buttons, he hit them with a belligerent attitude that could have further exacerbated his tax woes. “The IRS is toughest on people who reject the whole concept and authority of the system, who are not accepting that we do have income tax laws that we are all subject to,” said Philip J. Holthouse, partner at the Santa Monica tax law and accounting firm of Holthouse, Carlin & Van Trigt. “If the anger expressed in this posting is consistent with how he interacted with the government representatives, it would not have enhanced their compassion.” Stack’s note refers to meeting with “a group” in the early 1980s who were holding “tax readings and discussions” that zeroed in on tax exemptions that make “the vulgar, corrupt Catholic Church so incredibly wealthy.” He said in the post that he then began to do “exactly what the ‘big boys’ were doing.” “We took a great deal of care to make it all visible, following all of the rules, exactly the way the law said it was to be done.” Since Stack wasn’t a church, this is like waving a red flag at a bull. The IRS apparently considered this foray into tax avoidance the real corruption. Stacks letter says: “That little lesson in patriotism cost me $40,000.” Incidentally, the notion that anyone (other than a legitimate charity) doesn’t need to pay income taxes is one that’s well familiar–and refuted–by not only the IRS but every legitimate tax preparer in the country. So-called tax protestors or “tax defiers” take bits and pieces of the law, string them together in incomprehensible ways to come up with arguments that they say exempt them from tax. They can sound convincing, so the IRS publishes a long list of “frivolous” tax arguments on its web site, explaining when and where each argument was refuted, in an effort to keep innocent taxpayers from drinking the tax protest KoolAid. But that wasn’t all. Stack also says in his letter that he drained a retirement account and didn’t pay tax on any of that money–didn’t even file a return. The penalties for not filing a tax return are roughly ten times worse than for not paying your taxes. That’s one of the reasons that accountants tell their clients to file returns, even when they don’t have the money to pay, said Holthouse. Finally, Stack rails about independent contractor rules. Experts said the only way this rant could make sense is if Stack started a company that employed other people, who he maintained were independent contractors rather than employees. If an employer maintains he’s hired only independent contractors, he doesn’t need to pay Social Security and Medicare taxes on their wages. But the IRS audits these claims carefully. When an employee is improperly classified as an independent contractor so that the employer can avoid these taxes, the IRS prosecutes aggressively because it considers it tantamount to stealing from workers Social Security and Medicare accounts. Notably, the IRS has a Taxpayer Advocate’s office that helps resolve disputes when taxpayers have a legitimate problem with the agency. People who can’t pay tax bills promptly; have a dispute over the validity of a deduction or think they’ve been improperly penalized are often given some slack. But these are not areas where you’re going to get a lot of sympathy.
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    The rambling note posted by suicide flyer Joe Stack before he crashed a plane into an Austin IRS office indicates that he may have hit every hot button tax authorities have, putting him into a "no mercy" category that's reserved for a relative handful of Americans.\n\nThe IRS won't talk about Stack, simply saying in a prepared statement that it is working with law enforcement to thoroughly investigate the events that lead up to the crash. Otherwise, the agency says it's top priority is ensuring the safety of its employees.
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Schwarzenegger says Obama's stimulus created jobs - Yahoo! News - 0 views

  • At a conservative gathering in Washington this week, former presidential candidate Mitt Romney blasted the $787 billion stimulus bill and asserted it did not create any new jobs. The California governor, asked about the comments on the ABC news program "This Week," said many Republican politicians were railing against the program while seeking stimulus funds for their own districts. "You have a lot of the Republicans running around and pushing back on the stimulus money and saying this doesn't create any new jobs," Schwarzenegger said. "Then they go out and they do the photo ops and they are posing with the big check and they say 'Isn't this great?'"
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BBC News - Irish arrests over 'plot to kill Swedish cartoonist' - 0 views

  • The Vilks controversy arose in 2007, when his entry in an arts project was published by the newspaper. It pictured a dog with the head of a bearded man in a turban. Several Muslim countries protested against the picture. At the time, Swedish officials expressed regret at any hurt caused to Muslims' feelings, but said the government could not prevent the publication of such drawings because of media freedom rules. The case came about a year and a half after a series of depictions of Muhammad in Denmark's Jyllands-Posten paper caused an uproar in early 2006. Those cartoons sparked protests from Muslims around the world. Dozens of people were killed in riots. Muslims regard any image of the Prophet Muhammad as blasphemy. In January, one of the cartoonists whose drawing appeared in Jyllands-Posten, the Dane Kurt Westergaard, was targeted in his own home, allegedly by a Somali radical Muslim with an axe. Mr Westergaard, who escaped unharmed, had depicted the Prophet Muhammad with a bomb in his turban. Mr Vilks told The Associated Press news agency that the telephone threats in January had come from "a Swedish-speaking Somali. He reminded me about what had happened to Westergaard and threatened with a follow-up and that 'now it's your turn'."
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    Seven people have been arrested in the Irish Republic over an alleged plot to kill a Swedish cartoonist for depicting the Prophet Muhammad, police say. The four men and three women are all Muslim immigrants, according to media reports, though a police statement did not confirm this. Cartoonist Lars Vilks had depicted the Prophet Muhammad with the body of a dog in the Nerikes Allehanda newspaper. Islamic militants put a $100,000 (£67,000) bounty on his head. Mr Vilks was quoted as saying he was unfazed by the arrests, which he said he thought could be linked to two death threats he had received by telephone in January.
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Appearing on ABC's "This Week" - Glenn Greenwald - Salon.com - 0 views

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    Below are three clips -- first, the exchange [Glenn Greenwald] had with Kagan defender (and former Obama White House counsel) Greg Craig regarding Kagan's lack of known views on most issues, followed by the two full, unedited segments of the roundtable. Craig's inability to identify any specific views which Kagan has on the critical issues I asked about has been replicated by numerous other Kagan defenders:
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CentreRight: Quis custodiet ipsos custodes? | Apr 15 2009 - 0 views

  • Not wearing a bulky jacket, didn't vault the ticket barrier, didn't resist arrest, wasn't alerted by the shout of 'Armed police' which wasn't ever issued, in fact.
  • Lance Corporal Mark Aspinall. Held down and beaten in a street in Wigan, he was then charged and convicted of assaulting the police, a conviction only over-turned on production of the video evidence
  • The police, particularly in London, appear to have forgotten that they police only with our consent. They are not the armed wing of the state.
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  • It's not only the stereotypical Guardian-reading liberal left who think there's a problem here, and I think it's time that Conservatives made this clear.
  • I ask readers to get a little perspective and try to see the tragic incidents outlined above for what they are, isolated and very rare examples of errors and abuses in policing
  • We all have a vested interest in a police force that is fair, accountable and has the trust of the people it is there to protect.
  • Peel and Mayne were remarkable men to have set down principles that remain as valid one hundred and eighty years on as they were on the day they were penned.
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    Conservative blogger asks if there is a culture of violence in the Met.
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