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Using Palin honesty I can say I went to Ukraine and visited their heads of state since I stepped foot in Ukraine’s embassy in D.C. Combine that with my “22 years foreign policy” experience, and the fact that I went to military bases many times and I should be qualified to be the Republican VP.
Palin lied about visiting troops in Iraq
Representative Debbie Wasserman Schultz accused Sarah Palin of lying about visiting troops in Iraq on CBS’ Face the Nation on Sunday, arguing the point with former Massachusetts Gov. Jane Swift.
“I’m sure Sarah Palin raised her kids to tell the truth,” Schultz said. “But when she lies about the fact that she says she went to Iraq and she didn’t… The truth matters, and she’s going to get called on the truth.”
A spokesperson for the Republican vice presidential nominee confirmed on Saturday that Gov. Palin had never visited troops in Iraq, a claim that aides had repeatedly made, CNN reported.
Officials initially said McCain’s running mate had traveled to military installations in Kuwait and Germany as well as visiting Iraq and Ireland.
In a modification of those claims, the campaign admitted that she had never crossed the Kuwait/Iraq border and only stopped in Ireland for refueling on the way home.
Palin received her first passport last year to make the trip to Kuwait, which was also her first and only time outside North America.
More at:
http://rawstory.com/news/2008/Dem_Rep._Palin_lied_about_visiting_0914.html
“Karl Rove lambasted the Obama campaign on Fox News Sunday for its recent ad criticizing Sen. John McCain for his supposed inability to use a computer.
Asked by Chris Wallace to comment on negative campaigning by Sen. Obama, Rove said that McCain’s injuries suffered in a Vietnamese prison camp were responsible for his computer illiteracy.
“But they then say he doesn’t …send e-mail. Well, this is because his war injuries keep him from being able to use a keyboard. He can’t type. You know, it’s like saying he can’t do jumping jacks,” Rove said. “There’s a reason he can’t raise his arms above his head. There’s a reason he doesn’t have the nimbleness in his fingers.”"
Who types with their arms above their head? Republicans have plenty of excuses for their incompetence, but never any solutions.
OBAMA TRIED TO STALL GIS’ IRAQ WITHDRAWAL
WTF over?
WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview.
Obama insisted that Congress should be involved in negotiations on the status of US troops – and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its “state of weakness and political confusion.”
“However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open.” Zebari says.
Though Obama claims the US presence is “illegal,” he suddenly remembered that Americans troops were in Iraq within the legal framework of a UN mandate. His advice was that, rather than reach an accord with the “weakened Bush administration,” Iraq should seek an extension of the UN mandate.
http://www.nypost.com/seven/09152008/postopinion/opedcolumnists/obama_tried_to_stall_gis_iraq_withdrawal_129150.htm
A Spotless Sun and the Coming Ice Age
By Alan Caruba
There’s a wonderful irony in the fact that, back in the 1970s, the Greens were issuing warnings and even writing books about the coming Ice Age. They would abandon this issue, based in well-known and accepted solar science, in favor of a vast international hoax alleging man-made global warming.
As the global warming hoax begins to lose its power to influence public opinion and policy, the Greens are not likely to be heeded for a long time to come because they were right about an Ice Age and lying through their teeth about global warming.
Scientists and laymen who follow the Ice Age cycles have been warning that, if not a full-fledged Ice Age, at the very least a Little Ice Age comparable to one that lasted from 1300 to around 1850 is on its way. Amidst all the media coverage of Hurricane Gustav and the Republican Convention, a report in DailyTech.com was not likely to get much attention, but it forecast a very cold world in the years to come. The Earth has already started to cool and scientists date the change from 1998.Headlined, “Drop in solar activity has potential effect for climate on Earth”, the news is that, for the first time in 100 years, “an entire month has passed without a single visible sunspot being noted.”
The author, Michael Asher, noted that “The event is significant as many climatologists now believe solar magnetic activity-which determines the number of sunspots-is an influencing factor for climate on Earth.”
My friend, Robert W. Felix, wrote an excellent book on this titled “Not by Fire, but by Ice” ($15.00, Sugarhouse Publishing, softcover, second edition) which can be purchased from his website at IceAgeNow.com. “We’re beginning to realize that Earth is a violent and dangerous place to live,” wrote Felix. “We’re beginning to realize that mass extinctions have been the rule, rather than the exception, for the 3.5 billion years that life has existed on Earth.”
Felix has a new book soon to be published that addresses magnetic reversals, another cyclical factor affecting life on Earth. “During the last 4.5 million years, at least six out of nine radiolarian extinctions occurred at magnetic reversals.” They appear to be a factor in the sudden emergence of new species so Darwin’s theory is likely to be reexamined.
As the DailyTech report notes, “In the past 1000 years, three previous such events, the Dalton, Maunder, and Sporer Minimums,” of reduced sunspot activity, “have all led to rapid cooling,” adding that, “For a society dependent on agriculture, cold is more damaging than heat. The growing season shortens, yields drop, and the occurrence of crop-destroying frosts increases.”
An article by William Livingston and Matthew Penn of the National Solar Observatory in Tucson, Arizona, “Sunspots May Vanish by 2015″, predicts that sunspots will disappear completely. “Such an event would not be unprecedented, since during a famous episode from 1645-1715, known as the Maunder Minimum.” That solar cycle “was shown to correspond with the reduced average global temperatures on the Earth.”
In other words, it’s going to get COLD.The Little Ice Age had an effect on history as you might imagine. The French Revolution is attributed to it insofar as the cost of bread rose as wheat crops failed. Riots followed. Similarly, Napoleon’s invasion of Russia met with defeat thanks to a winter that killed thousands of his troops. In America, it was reflected in the travails of Valley Forge.
Over at IceAgeNow.com, Felix posts the latest news from around the world that tells of anomalous events ranging from freak early snow storms to expanding glaciers. Soon enough, those living in the northern hemisphere will become more aware as winters lengthen and become more severe. After that, the scenarios grow quite serious.
Even the venerable Old Farmers Almanac is making news these days forecasting a far cooler winter and suggesting that the Earth is already in a cooling cycle. No doubt some diehard Greens like Al Gore will continue to spout nonsense that the cold weather is due to global warming, but it has to do with the Sun that’s gone quiet. It’s not myth. It’s reality.
Source:
http://www.expertclick.com/NewsReleaseWire/default.cfm?Action=ReleaseDetail&ID=23123
BlueJay
Posted September 13, 2008 at 8:21 pm | Permalink
I’m still waiting for your answer Kandisue.
It seems you don’t like to answer questions.
You two have at least one thing in common
Sleeping like a baby
http://sohowww.nascom.nasa.gov/data/realtime/mdi_igr/512/
Today, Monday, 9/15/08, is the official “Full Harvest Moon,” (closest to the equinox which will be September 22nd). Because the full moon occurs when the moon is on the opposite side of the earth from the sun, this morning the moon should set approximately when the sun peeps over the horizon.
This should take place about 7:15 AM this morning.
The few minutes difference on the sunrise and moon set chart on the back page of the “local” section of the Wichita Eagle is due to the width of the sun and moon as they rise and set respectively.
Since my front porch faces east, I can’t see the moon right now but HLP, you should be able to look out over the hay fields of western Sedgwick County and see a beautiful full moon heading downward to the horizon.
Technically, there should be an equal number of hours on both sides of noon for the sunrise and sunset but there is a couple hours difference if you notice on the chart. This is due to two things (1) current daylight savings time and (2) the distance of Wichita west of the east boundary of the central time zone near Chicago.
On September 22nd, the fall equinox will be here. On that day, the number of hours of daylight should approximately equal the number of hours of night of 12 hours each. If not, then something has gone drastically wrong with the tilt and orbit of the earth.
KFG,
This is for you
George Takei Marries Longtime Partner Brad Altman
cbs2.com Made Popular: 6 hours ago – George Takei and his longtime partner, Brad Altman, have agreed to live long and prosper together
Ok now we have God and Gays,all we need is Guns and the day will be complete.
http://www.cbsnews.com/stories/2008/09/15/business/main4448374.shtml?source=mostpop_story
(CBS/AP) Lehman Brothers said early Monday morning that it would file Chapter 11 bankruptcy proceedings after a plan to rescue the 158-year-old New York investment bank failed.
The bailout plan, which fell through on Sunday, was followed by more seismic shocks from Wall Street, including a government-brokered takeover of Merrill Lynch by the Bank of America for $50 billion.
A forced restructuring of the world’s largest insurance company, American International Group Inc., also weighed heavily on global markets as the effects of the 14-month-old credit crisis intensified.
Asian stock markets were down sharply Monday amid growing alarm over the world’s financial system as investors reacted to the Wall Street shake-up.
Asia’s biggest stock exchanges in Japan, Hong Kong and South Korea were closed for holidays, but every market open was deep in the red.
—————————
Dow futures off 360 points
Excellent article Hank. I asked Cosmos a couple of weeks ago about the absence of sunspots and got no response. He was stuck on stupid about the 2000 acres needed to drill in Alaska.
Funny when the facts are right in front of GWers. They just ignore them. Local news reported last night about the mild summer we just had. Coolest on record for many years.
Have a good day.
And now two huge wall street financiers are waking up to collapse. I know somehow the cons will find a way to blame this on dems, but remember Bush has been in office since 2000, I think cons can take the blame for this.
Maggot,
Do you make it a habit of ridiculing people with other disabilities also?
It is plain to see McCain has little muscular flexibility in his arms and hands which would greatly challenge his ability and speed on a keyboard.
What an intellectual midget you are P_mama.
The President has nothing to do with that.
Congress writes the laws and the Dims have been in charge of that remember.
Didn’t the majority switch in Cogress with the mid term electon?
Box, the dems can’t do anything unless the republicans play along, and they have filibustered more than ANY OTHER. I say we kill the filibuster.
How about that guys?
Didnt’ think so.
And making excuses for McSame’s inability to use a computer based on his disability? I know people who have serious disabilities, need to use powered wheelchairs with MD, and THEY can use a computer.
What an intellectual midget you are P_mama.
The President has nothing to do with that.
hehe suck on this boxlock
http://www.ft.com/cms/s/0/8780c35e-7e91-11dd-b1af-000077b07658.html?nclick_check=1
Oxley hits back at ideologues
By Greg Farrell in New York
Published: September 9 2008 19:25 | Last updated: September 9 2008 19:25
In the aftermath of the US Treasury’s decision to seize control of Fannie Mae and Freddie Mac, critics have hit at lax oversight of the mortgage companies.
The dominant theme has been that Congress let the two government-sponsored enterprises morph into a creature that eventually threatened the US financial system. Mike Oxley will have none of it.
Instead, the Ohio Republican who headed the House financial services committee until his retirement after mid-term elections last year, blames the mess on ideologues within the White House as well as Alan Greenspan, former chairman of the Federal Reserve.
The critics have forgotten that the House passed a GSE reform bill in 2005 that could well have prevented the current crisis, says Mr Oxley, now vice-chairman of Nasdaq.
He fumes about the criticism of his House colleagues. “All the handwringing and bedwetting is going on without remembering how the House stepped up on this,” he says. “What did we get from the White House? We got a one-finger salute.”
The House bill, the 2005 Federal Housing Finance Reform Act, would have created a stronger regulator with new powers to increase capital at Fannie and Freddie, to limit their portfolios and to deal with the possibility of receivership.
Mr Oxley reached out to Barney Frank, then the ranking Democrat on the committee and now its chairman, to secure support on the other side of the aisle. But after winning bipartisan support in the House, where the bill passed by 331 to 90 votes, the legislation lacked a champion in the Senate and faced hostility from the Bush administration.
Adamant that the only solution to the problems posed by Fannie and Freddie was their privatisation, the White House attacked the bill. Mr Greenspan also weighed in, saying that the House legislation was worse than no bill at all.
“We missed a golden opportunity that would have avoided a lot of the problems we’re facing now, if we hadn’t had such a firm ideological position at the White House and the Treasury and the Fed,” Mr Oxley says.
When Hank Paulson joined the administration as Treasury secretary in 2006 he sent emissaries to Capitol Hill to explore the possibility of reaching a compromise, but to no avail.
Copyright The Financial Times Limited 2008
“We’re beginning to realize that mass extinctions have been the rule, rather than the exception, for the 3.5 billion years that life has existed on Earth.”
******
Wow. One wonders where to start.
First, we have the bogus, fact-free post from a vanity publisher like “Sugarland Press” (where you too can get your book published for 19.95 and two boxtops).
Second, we have zero evidence that the earth is cooling and massive evidence it’s getting warmer, such as sea ice melt, observed temps in air and sea, glaciers gone, and more frequent severe storms.
Third, we have Young Earth Hank citing a source that says there’s been life on our globe for 3.5 billion years.
P_mama,
You have a disability obviously….stupidity.
What does needing a wheelchair have to do with using a keyboard? Try tying you arms close to your sides and binding your fingers and see how well you do on a keyboard.
Nitwit!!!
Great post, AMoose.
This housing crisis was a direct result of deregulation — deregulation of the regulation to protect us from exactly what happened now.
You can have lenders lending money. Or you can have speculators borrowing money.
You just can’t have speculators loaning money to themselves–which is what de-regulation allowed.
I’ve seen this argument several times now among the thinking-challenged CONs–poor widdle McCain can’t type because of those mean gooks back in ‘Nam.
People, you never heard of voice activated word-processing?
Duh.
annie,
Congress, in the Dems hands, still failed to act on it. Greenspan advised against it and you recall wasn’t put in by Bush.
Unfortunately, Greenspan started lowering rates to ridiculous levels in Bill Clinton’s time. Both parties share the blame for not reigning him in, because it suited them to have American consumers feeling rich.
But, yes, history will not be kind to Greenspan. And probably not to Clinton either.
yawn boxlock,
Plutocracy is rule by the wealthy, or power provided by wealth. In a plutocracy, the degree of economic inequality is high while the level of social mobility is low. This can apply to a multitude of government systems, as the key elements of plutocracy transcend and often occur concurrently with the features of those systems. The word plutocracy (Modern Greek: ???????????? – ploutokratia) is derived from the ancient Greek root ploutos, meaning wealth and kratein, meaning to rule or to govern.
The term plutocracy is generally used to describe two distinct concepts: one of a historical nature and one of a modern political nature. The former indicates the political control of the state by an oligarchy of the wealthy. Examples of such plutocracies include some city-states in Ancient Greece, the civilization of Carthage, the Italian merchant republics of Venice and Florence, and Genoa.
Kevin Phillips, author and political strategist to U.S. President Richard Nixon, argues that the United States is a plutocracy in which there is a “fusion of money and government.” [1].
The second usage of plutocracy is a pejorative reference to a disproportionate influence the wealthy are said to have on political process in contemporary society. Positive influence includes campaign contributions and bribes; negative influence includes refusing to support the government financially by refusing to pay taxes, threatening to move profitable industries elsewhere, and so on. It can also be exerted by the owners and ad buyers of media properties which can shape public perception of political issues. Recent examples include Rupert Murdoch’s News Corp’s alleged political agendas in Australia, the UK [2] and the United States or the oil industry oligarchy, and billionaire Richard Mellon Scaife, which may back right-leaning political action committees (PACs), as well as billionaire George Soros’ efforts to influence US politics by backing left-leaning PACs.
Recently, there have been numerous cases of wealthy individuals and organizations exerting financial pressure on governments to pass favorable legislation. (see: Lobbying) Most western democracies permit partisan organizations to raise funds for politicians, and it is well-known that political parties frequently accept significant donations from various individuals (either directly or through corporate institutions). Ostensibly this should have no effect on the legislative decisions of elected representatives; however it would be unlikely that no politicians are influenced by these contributions. Some describe these donations as bribes, although legally they are not. In the United States, campaign finance reform efforts seek to ameliorate this situation. However, campaign finance reform must successfully challenge officials who are beneficiaries of the system which allows this dynamic in the first place. This has led many reform advocates to suggest taxpayer dollars be used to replace private campaign contributions, these reforms are often called clean money, clean elections reform as opposed to simply campaign finance reform which does not address the conflict of interest involved where most or all of the campaign money is from private, often for-profit sources. Critics of so-called clean elections point out that that having the government decide which candidates would receive tax dollars and therefore be allowed to run would create an effective dictatorship where the government decides who the people can vote for.
OBAMA TRIED TO STALL GIS’ IRAQ WITHDRAWAL
” WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview. ”
http://www.nypost.com/seven/09152008/postopinion/opedcolumnists/obama_tried_to_stall_gis_iraq_withdrawal_129150.htm
That two-faced liar!!! Seems the Dims boy is nothing but a two faced lying politician, all the while campaigning that he is something he’s not.
“Change”….yeah right.
Megadittos, AMoose.
See, for instance, the Koch Bros. and their massive funding of The Cato Institute, Flint Hills Center for Public Policy, the Karl Peterjohn phenomenon, and the local “De-Fund Public Schools” Movement aka Cindy Duckett.
Paul, Baldwin, McKinney, Nader: We Agree
By tmartin • September 10, 2008
The Republican/Democrat duopoly has, for far too long, ignored the most important issues facing our nation. However, alternate candidates Chuck Baldwin, Cynthia McKinney, and Ralph Nader agree with Ron Paul on four key principles central to the health of our nation. These principles should be key in the considerations of every voter this November and in every election.
We Agree
Foreign Policy: The Iraq War must end as quickly as possible with removal of all our soldiers from the region. We must initiate the return of our soldiers from around the world, including Korea, Japan, Europe and the entire Middle East. We must cease the war propaganda, threats of a blockade and plans for attacks on Iran, nor should we re-ignite the cold war with Russia over Georgia. We must be willing to talk to all countries and offer friendship and trade and travel to all who are willing. We must take off the table the threat of a nuclear first strike against all nations.
Privacy: We must protect the privacy and civil liberties of all persons under US jurisdiction. We must repeal or radically change the Patriot Act, the Military Commissions Act, and the FISA legislation. We must reject the notion and practice of torture, eliminations of habeas corpus, secret tribunals, and secret prisons. We must deny immunity for corporations that spy willingly on the people for the benefit of the government. We must reject the unitary presidency, the illegal use of signing statements and excessive use of executive orders.
The National Debt: We believe that there should be no increase in the national debt. The burden of debt placed on the next generation is unjust and already threatening our economy and the value of our dollar. We must pay our bills as we go along and not unfairly place this burden on a future generation.
The Federal Reserve: We seek a thorough investigation, evaluation and audit of the Federal Reserve System and its cozy relationships with the banking, corporate, and other financial institutions. The arbitrary power to create money and credit out of thin air behind closed doors for the benefit of commercial interests must be ended. There should be no taxpayer bailouts of corporations and no corporate subsidies. Corporations should be aggressively prosecuted for their crimes and frauds.
********************************************
http://www.ronpaul.com/2008-09-10/paul-baldwin-mccinney-nader-we-agree/
Obviously, this joint statement glosses over some dramatic policy differences (one that Ralph Nader mentioned on CSPAN was workplace safety rules)–but that’s not the point.
This is really a “duh” list for progressives–and, apparently a lot of other people, too. . .
P.S. Bob Barr was not present, but Nader said he spoke with Barr, and Barr endorsed it too.
If you haven’t read Leonard Pitts column today it’s another good one.
———-
Conservatives with a conscience need to shake up the GOP
So it seems George W. Bush is not really conservative.
Nor are Mitt Romney, John McCain and, indeed, the vast majority of the Republican Party. Or so I’m told by a number of readers who took exception to a recent column lambasting Romney for his speech at the GOP convention. In it, Romney declared that the way to fix Washington is to turn it over to conservatives. If you didn’t know any better, said I, you’d think conservatives had not been in charge most of the last decade. This kind of babblespeak, I argued, has become increasingly characteristic of the political right.
Except, according to my correspondents, those conservatives in charge weren’t really conservative at all. As Roy from Sanger, Calif., put it in an e-mail: “If you believe what we have had in D.C. so far this century is a conservative Washington, your perceptions are colored by a memory loss of what real conservatism looks like. Bring back to life ‘real’ conservatives who died before 1996, and they would think only one party ruled in D.C. now, the tax and spend, spend and spend some more party.”
The funny thing is, I agree. Stack the traditional definition of “conservative” alongside the events of the past few years, and it’s hard not to. It is, for example, difficult to find evidence of government getting out of people’s way in the Terri Schiavo affair. Or evidence of lean, mean government efficiency in the Hurricane Katrina debacle. Or evidence of fiscal restraint in a projected $500 billion budget deficit. Or evidence of foreign-policy pragmatism in the invasion of a country that had not attacked us and did not threaten to. Or evidence of accountability in the eagerness to duck blame for all the above.
Conservatism, an ideology once driven by principle, has shrunk until its purview can be, and often is, delineated in three syllables: God, guns, gays. Worse, it has embraced a win-at-all-costs ethos and intellectual dishonesty that are, even by the seamy standards of modern politics, astonishing.
To pick just one of many available illustrations: Last month, Karl Rove praised the choice of Sarah Palin as John McCain’s running mate, citing among other things, her two long years as governor of Alaska and her experience as mayor of Wasilla, which has a population smaller than some apartment complexes. This came a few weeks after Rove said Tim Kaine was unfit to be Barack Obama’s running mate because he, Kaine, had been governor of Virginia “only” two years, before which, he was mayor of Richmond which, with about 200,000 residents, is “not a big town.”
Now, I don’t care what your ideology is: You cannot, if you’ve got half a brain, define that as anything but hypocrisy. And if true conservatives hate seeing that kind of duplicity associated with conservatism, I understand. But I have a question for them: Where have you been the past 15 years? Where were you when conservatism was untethered from principle, unhooked from reality? Where were you when it became smug and self-righteous, when it traded its integrity for situational outrage, its credibility for angry certitude, its honor for ballot-box success? Where were you when it sold out to evangelicals and anti-intellectuals? Where were you when it got hijacked?
American Muslims are often challenged to speak out against extremists in their religion, but for my money, that challenge can more fairly be leveled at those people Roy calls real conservatives. They sat silent as their principles were discarded, as their very name was stolen and used to drive the country off a cliff. I hope e-mails like Roy’s mean their long silence is about to be broken, but I have some advice for him and anyone else who doesn’t think the Republicans are truly conservative:
Don’t tell me. Tell the Republicans.
http://seattletimes.nwsource.com/html/opinion/2008177993_pitts14.html
annie,
When you take others work, placing it under your name, put quotation marks around it and give credit.
I scroll over it otherwise as I did yours.
But from the very first sentence all and what I guess to be a diatribe against the wealthy all I can say is just try and get a job from a poor person.
good posts linda and Capn,
Instead of gubermint cheez maybe Sarah pee can pass out some moose burgers
Boxlock lies, Unfortunately, Greenspan started lowering rates to ridiculous levels in Bill Clinton’s time.
http://en.wikipedia.org/wiki/Federal_funds_rate
For the first two years of Clinton’s presidency, the federal funds rate was about 3 percent, but then it shot up to over 5 percent and even hit 6 percent.
From 2001 to 2005, the fed fund rate was below 2 percent, sometimes below 1 percent. This was in the peak of the housing speculation bubble.
Greenspan was giving money away during Worst. President. Ever’s term, trying to stimulate a bad Republican economy.
Didn’t work. The Republican is so bad even giving money away doesn’t help. Remember the “stimulus checks”? hehehe
“But from the very first sentence all and what I guess to be a diatribe against the wealthy all I can say is just try and get a job from a poor person.”
I love it–a textbook example of the “either-or” fallacy.
EITHER you allow rich people to use their financial power to screw the rest of society OR you won’t have any jobs.
Funny how Old Europe and Ireland don’t have the wealth inequality we do but still have thriving economies and jobs.
P.S. I’ll have to say in on my first cup o’ tea, I’m not completely about removing US troops from everywhere–but can we afford to keep them stationed anymore?
Try tying you arms close to your sides and binding your fingers and see how well you do on a keyboard.
That must be why he can shake hands with people.
Capn
“Funny how Old Europe and Ireland don’t have the wealth inequality we do but still have thriving economies and jobs.”
You might want to take a look at standard of living.
I’d like to see those numbers you have on wealth inequality in Old Europe.
I wish geniuses like you would just move over there rather than continually try to turn us into Europe West.
I love the smell of moral hazard,
Moral hazard is the prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk. Moral hazard arises because an individual or institution does not bear the full consequences of its actions, and therefore has a tendency to act less carefully than it otherwise would, leaving another party to bear some responsibility for the consequences of those actions. For example, an individual with insurance against automobile theft may be less vigilant about locking his car, because the negative consequences of automobile theft are (partially) borne by the insurance company.
Boxlock
“OBAMA TRIED TO STALL GIS’ IRAQ WITHDRAWAL”
I wouldnt hold my breath about seeing a thread on WeBlog regarding this.
from 2005 even more relevant now
http://www.commongroundcommonsense.org/forums/lofiversion/index.php/t29502.html
SALT LAKE CITY — In 1757, Benjamin Franklin wrote, “Better to go to bed supperless, than wake up in debt.”
One of his modern-day namesakes hasn’t heeded the admonition. Benjamin Franklin Baggett of Salt Lake City got his first credit card on his honeymoon in 1990 and promptly maxed out his $300 credit line. Mr. Baggett had grown up on tales of Franklin — his father gave him a Franklin memorial coin and bought copies of Franklin’s works. But he wanted to buy himself and his wife some new clothing and he hadn’t saved enough to buy it outright on his $11-an-hour concierge job at a Doubletree Hotel.
The charges were the first of many for Mr. Baggett, now 38 years old. In 1995 he moved into a house in the Harvard-Yale section of Salt Lake, a tree-lined neighborhood near the University of Utah that is home to many doctors, lawyers and professors. Mr. Baggett used credit cards to furnish the home with the kind of carpets and furniture his neighbors and relatives could afford.
“I felt insecure; I was an hourly-paid worker in this fancy neighborhood,” says Mr. Baggett. He says he was making $13 an hour for a time doing back-office work at a local bank while supporting two children.
Twice he used a home-equity loan to pay off his credit-card debts, and twice he ran up steep credit-card bills again. When his debts reached $30,000 and he ran out of home equity, he filed for bankruptcy in 2003. “We came to rely on credit as part of our income, even though it wasn’t part of our income,” says Mr. Baggett. “I looked at $1,000 on my credit card as disposable income.” He now works at a foreign-exchange broker, and has sold his house and divorced.
More and more Americans are turning to debt to pay for lifestyles their current incomes can’t support. They are determined to live better than their parents, seduced by TV shows like “The O.C.” and “Desperate Housewives,” which take upper-class life for granted, and bombarded with advertisements for expensive automobiles and big-screen TVs. Financial firms have turned credit for the masses into a huge business, aided by better technology for analyzing credit risks. For Americans who aren’t getting a big boost from workplace raises, easy credit offers a way to get ahead, at least for the moment.
I am sure “According to Iraqi Foreign Minister Hoshyar Zebari” is lying.
You read stories just like this one from all across our country. People know the Republicans have ruined our economy and don’t have a clue how to correct any of their disastrous mistakes. No matter how many times McCain uses the words “change,” or “reform,” he can’t change the fact that he and his are responsible for the mess we’re in.
——————
Va. Orders 200,000 Additional Voter Registration Forms
RICHMOND, Sept. 14 — Virginia elections officials have ordered an additional 200,000 voter registration forms because of shortages in some parts of the state and an expected crush of new registrants over the next three weeks.
With Virginia shaping up as a battleground state this election, presidential candidates Sen. Barack Obama (D-Ill.) and Sen. John McCain (R-Ariz.) are rushing to register as many voters as possible before Virginia’s Oct. 6 registration deadline.
Obama’s campaign has been especially aggressive in trying to register new voters, believing they hold the key to his efforts to become the first Democratic presidential nominee since 1964 to win the state.
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/14/AR2008091402085.html?sid=ST2008091402441&s_pos=
I wish I could cheer these latest comments from Obama (politically, that’s the stuff, dude!), but–unfortunately–the circumstances in this country are too grim to be cheering. :-(
It was also, btw, completely predictable.
Obama blasts GOP on economy
WASHINGTON (AP) — Democrat Barack Obama laid into the Republican opposition Monday as Americans awoke to fearsome news from Wall Street — the disappearance of two investment banking stalwarts — as the U.S. economy faced what he called “the most serious financial crisis since the Great Depression” of the 1930s.
Obama is battling to overcome a significant boost in the polls for his opponent, Republican John McCain, who stunned Americans and solidified wavering support among his party’s Christian conservative base with the choice of Alaska Gov. Sarah Palin as running mate. After trailing Obama throughout the run-up to both party conventions, McCain has pulled even or edged slightly ahead in national polling — primarily riding the wave of Palin’s initial popularity.
Deepening turmoil in the U.S. economy, the No. 1 issue among voters despite the ongoing wars in Iraq and Afghanistan, could resonate in Obama’s favor as he tries mightily to link McCain to President George W. Bush, whose stewardship of the United States has left him with near-record disapproval ratings.
In a statement issued shortly after 6 a.m. on the U.S. east coast, Obama said he did not put blame on McCain, but “I do fault the economic philosophy he subscribes to. It’s a philosophy we’ve had for the last eight years — one that says we should give more and more to those with the most and hope that prosperity trickles down to everyone else.
It’s a philosophy that says even commonsense regulations are unnecessary and unwise, and one that says we should just stick our heads in the sand and ignore economic problems until they spiral into crises.”
FIND MORE STORIES IN: United States | Florida | Afghanistan | Arizona | Britain | Illinois | Colorado | Michigan | Iraq | Barack Obama | Wall Street | New York | Christianity | Jacksonville | Washington Post | Merrill Lynch | Republican John McCain | Bear Stearns | Sarah Palin | President George W. Bush | Great Depression | Joseph Biden | PricewaterhouseCoopers | Lehman Brothers | Bank of America Corp | International Group Inc
He was responding to the news overnight that the investment banking firm Lehman Brothers, burdened by $60 billion in soured real-estate holdings, said it was filing for Chapter 11 bankruptcy after attempts to rescue the 158-year-old institution failed. Its businesses in Britain were already placed in administration, said the administrator, accounting firm PricewaterhouseCoopers.
Also, Bank of America Corp. said it was buying Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction.
The demise of the independent Wall Street heavyweights came as shock waves from the 14-month-old credit crisis roiled the U.S. financial system six months after the collapse of Bear Stearns.
The world’s largest insurance company, American International Group Inc., also was forced into a restructuring.
And a global consortium of banks, working with government officials in New York, announced a $70 billion pool of funds to lend to troubled financial companies.
“This country can’t afford another four years of this failed philosophy,” Obama said.
http://www.usatoday.com/news/politics/election2008/2008-09-15-Obama-elections_N.htm
Let’s examine the non-tolerant entries of CraponAmerica today.
=======================================
Attacks Religious views and another Poster
CapnAmerica
Posted September 15, 2008 at 7:31 am
Third, we have Young Earth Hank citing a source that says there’s been life on our globe for 3.5 billion years.
Racist Remarks
CapnAmerica
Posted September 15, 2008 at 7:38 am | Permalink
I’ve seen this argument several times now among the thinking-challenged CONs–poor widdle McCain can’t type because of those mean gooks back in ‘Nam.
Sexist Remarks
CapnAmerica
Posted September 15, 2008 at 7:48 am | Permalink
Don’t worry, CONs.
After the novelty of this “Republican with a vagina” wears off, you’ll still be left with the old geezer.
=================================================
There you have it, the Libs’ shining example of tolerance and moderation, CraponAmerica.
Trolling so early, Regular?
#
Rage
Posted September 15, 2008 at 8:55 am | Permalink
Trolling so early, Regular?
—————–
Someone has to point out the obvious hypocrisy of the left.
Besides, what’s there to talk about other than god, guns and gays?
Records show McCain more bipartisan
Stephen Dinan (Contact)
Monday, September 15, 2008
“Sen. John McCain’s record of working with Democrats easily outstrips Sen. Barack Obama’s efforts with Republicans, according to an analysis by The Washington Times of their legislative records.
Whether looking at bills they have led on or bills they have signed onto, Mr. McCain has reached across the aisle far more frequently and with more members than Mr. Obama since the latter came to the Senate in 2005.
In fact, by several measures, Mr. McCain has been more likely to team up with Democrats than with members of his own party. Democrats made up 55 percent of his political partners over the last two Congresses, including on the tough issues of campaign finance and global warming. For Mr. Obama, Republicans were only 13 percent of his co-sponsors during his time in the Senate, and he had his biggest bipartisan successes on noncontroversial measures, such as issuing a postage stamp in honor of civil rights icon Rosa Parks. ”
http://washingtontimes.com/news/2008/sep/15/records-show-mccain-more-bipartisan/
Seems McCain does what he says and Obama doesn’t.
Hey wefu; how yer stocks doing today? Haw, Haw, Haw.
“You can throw the rock and hide your hand
Working in the dark against your fellow man
As sure as God made the day and the night
What you do in the dark will be brought to light.
Slip and slide, run and hide,
Try and take the mote from your neighbor’s eye.
As sure as God made the rich and the poor,
You gonna reap just what you sow.
You can Run on, a long time
Run on, a long time
Run on, a long time
But Great God Almighty’s gonna cut you down.
help for you so you can weather the financial downturn
http://www.youtube.com/watch?v=RYT4gHrutNc
“Democrats made up 55 percent of his political partners over the last two Congresses, including on the tough issues of campaign finance and global warming” — the wefu
Only the wefu are incapable of seeing the logical inconsistency in this. For one thing, this very wefu has been writing screed after screed claiming global warming does not exist; and for another, the wefu believe finance limitations are violations of free speech, that is, they did until the Democrats started raising more money.
The reason that McCain was able to gain bi-partisan support for some of his ideas was because of joint Democratic sponsorship. It’s the McCain-Feingold bill.
Also, it’s hard to be bipartisan when the other side is filibustering against medical care for children.
Yeah, Berber.
With this BushCON economy and their self-caused financial meltdowns, poor Franklin the stock-broker is never going to get out of that one bedroom apartment.
Don’t worry, he’ll still vote straight-ticket Republican though . . . because you can’t fix stupid.
So mccain wants more regulation of financial institutions. Wonder if he also was for de-regulation on financial institutions a few years ago.
http://news.yahoo.com/s/nm/20080915/pl_nm/usa_politics_mccain_dc_2
Looks like the repubs. have created quite a mess.
http://news.racinepost.com/2008/09/gop-absentee-ballot-mailings-called.html
Republicans Up to Usual Tricks with Election Fraud
Bryan Miller, chair of the Kenosha [Wisconsin] Democratic Party, says he never received a flier from a Republican candidate in the eight years he’s lived in Wisconsin. “Frankly, as I was getting the mail out of the mailbox yesterday, I about fell out of the car when I saw the McCain flier.” He said more than a million Obama supporters in Ohio received an absentee ballot from the McCain campaign that included an “extra” check box “by accident,” and were thus deemed invalid.
Miller said he talked to Kyle Richardson of the Wisconsin Government Accountability Board, who said he received a report of someone who had moved, but got a flier with the mailing address of the municipal clerk serving their old address. “If you send the application to the wrong clerk, it will invalidate your voter registration, essentially moving your registration to the new municipality,” Miller said.
http://www.youtube.com/watch?v=p6pphVs8bF0
good advice cons
Barack Obama refuses to part with his dollars to help his impoverished Step Brother George
Barack and Michelle Obama have an estimated net worth of $1.3 million. Barack received a $1.9 million advance for his autobiography, in which he makes one reference to George, describing him as “a beautiful boy with a rounded head.”
Obama says he wants to save Africa, but he can’t start with his own brother?”
According to Vanity Fair, George currently lives without electricity or running water. However, he hopes to move to a safer part of the city and enroll in a technical college.
George Hussein Onyango Obama, half-brother of presidential candidate Barack Obama, declared to Vanity Fair last month that “no one knows I exist.” When strangers inquire about his surname, George denies his relationship to the famous Obama: “I say we are not related. I am ashamed.” Why? George Obama lives in a delapidated hut outside Nairobi, earns less than one dollar a month, and, as he says, “I have scars from defending myself with my fists.”
Minnesota Stranger Steps Up
Fortunately for George, Minnesota resident Tim Anderson has launched a Web site, HelpObamasBrother.org, to raise money for him. The site declares its mission on the front page: “If Barack Obama won’t send his brother George a few bucks for rent, we can step up and help a brother out.”
Ashley Herzog, Ohio State Student
Yeah, Reggie.
Maybe Obama will take in his sad-sack brother like your sister did for you.
Sometimes the guy just makes it too easy . . .
Oil prices fall below 97 Dollars a barrel
LONDON — Oil prices fell below $97 a barrel on Monday after Hurricane Ike inflicted minimal damage to oil installations on the Texas coast.
Light, sweet crude for October delivery declined $4.39 to $96.79 a barrel in electronic trading on the New York Mercantile Exchange by noon in Europe. The contract rose 31 cents on Friday to settle at $101.18 after dropping as low as $99.99 per barrel. Before that, the last time Nymex crude traded below the $100 mark was April 2.
“Now that Ike has come and gone, initial reports indicate no real damage to the oil infrastructure in the Gulf coast area,” said Victor Shum, an energy analyst with consultancy Purvin & Gertz in Singapore.
Federal officials said Sunday that the storm destroyed at least 10 oil and gas platforms and damaged pipelines in the Gulf of Mexico — only a small amount of the 3,800 production platforms in the Gulf. Three years ago, back-to-back hurricanes knocked out more than 100 platforms.
Fox News
Obama the Liar
Obama lies in Selma Alabama Speech
Will Obama get the same media treatment with his lies? Don’t hold your breath. In a speech to a Selma, Alabama crowd meant to pump up his civil-rights movement authenticity and his Kennedy Camelot image, Barack Obama claimed that the Kennedy administration paid for his Kenyan father to travel to America on a student scholarship and therefore was responsible for his “very existence”. However, the first march on Selma took place on March 7, 1965. Obama would have been about three and half years old at that time. For some reason the media never did the math on this. The Camelot connection has become part of the mythology surrounding Obama’s bid for the Democratic presidential nomination.
Obama“There was something stirring across the country because of what happened in Selma, Alabama, because some folks are willing to march across a bridge. So they got together and Barack Obama Junior was born. So don’t tell me I don’t have a claim on Selma, Alabama.
Barack Obama also claims that President Kennedy helped his father travel to America with funds provided to Kenyans.
Obama“So the Kennedy’s decided we’re going to do an air lift. We’re going to go to Africa and start bringing young Africans over to this country and give them scholarships to study so they can learn what a wonderful country America is. This young man named Barack Obama got one of those tickets and came over to this country.
Obama spokesman Bill Burton acknowledged yesterday that the senator from Illinois had erred aka Senator Obama lied in crediting the Kennedy family with a role in his father’s arrival in the United States. He said the Kennedy involvement in the Kenya student program apparently “started 48 years ago, not 49 years ago as Obama has mistakenly suggested in the past.”
======================================
The Kennedy family did not provide the funding for a September 1959 airlift of 81 Kenyan students to the United States that included Obama’s father. According to historical records and interviews with participants, the Kennedys were first approached for support for the program nearly a year later, in July 1960. The family responded with a $100,000 donation, most of which went to pay for a second airlift in September 1960.
Senator Barack obama just makes things up and outright lies. How can anyone ever trust this man to be President of the United States? He can’t even tell the truth about his own family and re-arranges historical events in U.S. history to make himself look good.
Do not elect this liar, Barack obama.
(1)Selma Speech from Obama/Biden Campaign Page.
http://www.barackobama.com/2007/03/04/selma_voting_rights_march_comm.php
(2)NewsBusters.org “More Obama Lies the Media Will Ignore.
http://newsbusters.org/blogs/john-stephenson/2008/03/30/more-obama-lies-media-will-ignore
We should trust the guy who said that he’d never blog on this forum after New Year’s Day 2008 . . . .
“CAPNAMERICA OUTED AS GALAHAD” Blogger promises to
come up with another identity.
Posted by: ProudMan | October 29, 2006 at 04:28 PM
Maybe he should change once in a while, sort of
like Galahad -> ProudBlue -> TrueLib -> and who is
it now, CapnAmerica?
Worst.
Poster.
Ever.
Posted by: Original_Steve | January 30, 2007 at
08:54 AM
I posted under the nic of Proud Lib, True Blue, Galahad, Left Hook, and apparently Wally O’Dell. I didn’t remember the last one, but there it is . .
My e-mail address is wally_o66@yahoo.com. This is the e-mail address you get if you click on my “e-mail me” link on my typekey page. It’s out there for everyone to see.Now, let’s move on. This was tiresome before it started . . .Posted by: CapnAmerica | April 06, 2007 at 12:21
BankofAmerica is becoming an even bigger monolith.
http://news.yahoo.com/s/nm/20080915/bs_nm/merrill_bankofamerica_dc_11
So will citigroup be the next to fail?
“In its bankruptcy petition, Lehman listed Citigroup among its biggest unsecured creditors, with about $138 billion in bonds as of July 2. The Bank of New York Mellon Corp. was listed as holding about $17 billion in debt.
Heckler has to be right, income inequality is a pretty meaningless variable, even the BMJ agrees (well, sort of):
http://cat.inist.fr/?aModele=afficheN&cpsidt=1315098
It is kind of sad when empirical data punch holes in such appealing ideology. Makes me want to go cry, actually.
Islamic law has been officially adopted in Britain, with sharia courts given powers to rule on Muslim civil cases.
The government has quietly sanctioned the powers for sharia judges to rule on cases ranging from divorce and financial disputes to those involving domestic violence.
Rulings issued by a network of five sharia courts are enforceable with the full power of the judicial system, through county courts or the country’s High Court, a part of its Supreme Court system.
Previously, the rulings of sharia courts in Britain could not be enforced, and depended on voluntary compliance among Muslims.
Politicians and church leaders expressed concerns that this could mark the beginnings of a “parallel legal system” based on sharia for some British Muslims.
Dominic Grieve, the shadow home secretary, said: “If it is true that these tribunals are passing binding decisions in the areas of family and criminal law, I would like to know which courts are enforcing them because I would consider such action unlawful. British law is absolute and must remain so.”
http://www.foxnews.com/story/0,2933,422661,00.html
If the oil infrastructure is largely unscathed because of Ike, why has gas prices shot up since Ike came ashore. Looks like gouging to me. None of the anticipated gas increases could have gone through the system in that short of time.
He’s innocent, he’s a Democrat! Or more importantly, an incumbent!
“Rangel spent the past week trying to answer questions about his ethics and his finances.
He acknowledged that he owes the Internal Revenue Service about $5,000 in back taxes for unreported income from the rental of his vacation villa, and probably a smaller amount to state and city tax collectors.
The congressman acknowledged he made mistakes but said they were errors of omission and should not lead to the loss of his high position in Congress.
The home in the Dominican Republic has proven a major embarrassment to the 78-year-old Rangel, who conceded he never reported the rental income over a 20-year period, received a no-interest mortgage on the place for more than half that time and claims to have no idea what it is worth today.
The ethics committee is also investigating Rangel’s rental of three rent-stabilized apartments in his home district of Harlem, as well as his use of official congressional stationery to try to find private donors for a college center named after the lawmaker”
Does anybody know if this is a correct assessment? If it is, shame on the press.
Obama interview:
How does it feel to break a glass ceiling?
How does it feel to “win”?
How does your family feel about your “winning” breaking a glass ceiling?
Who will be your VP?
Should you choose Hillary Clinton as VP?
Will you accept public finance?
What issues is your campaign about?
Will you visit Iraq?
Will you debate McCain at a town hall?
What did you think of your competitor’s [Clinton] speech?
Palin interview:
Do you have enough qualifications for the job you’re seeking? Specifically have you visited foreign countries and met foreign leaders?
Aren’t you conceited to be seeking this high level job?
Questions about foreign policy
-territorial integrity of Georgia
-allowing Georgia and Ukraine to be members of NATO
-NATO treaty
-Iranian nuclear threat
-what to do if Israel attacks Iran
-Al Qaeda motivations
-the Bush Doctrine
-attacking terrorists harbored by Pakistan
Is America fighting a holy war? [misquoted Palin]
http://theanchoressonline.com/2008/09/12/side-by-side-gibson-questions-more/
Pink Floyd Member Richard Wright Dies at 65
LONDON — A Pink Floyd spokesman says founding member Richard Wright has died. He was 65.
Wright died Monday after a battle with cancer at his home in Britain. His family did not want to give more details about his death. The spokesman is Doug Wright, who is not related to the artist.
Richard Wright met Pink Floyd members Roger Waters and Nick Mason at college and joined their early band Sigma 6.
Sigma 6 eventually became Pink Floyd and Wright wrote and sang some of the band’s key songs. He wrote “The Great Gig In The Sky” and “Us And Them” from Pink Floyd’s 1973 “The Dark Side Of The Moon.”
He left the group in the early 1980s to form his own band but rejoined Pink Floyd for their 1987 album “A Momentary Lapse of Reason.”
Mccain doing town halls until he hooks back up with Palin, to keep from embarassing himself with the lack of turnout, no doubt.
Even so he spent the first couple of minutes talking about, you guessed it, Sarah Palin, and even Todd.
What a joke he is.
Biden nails McCoot –
I believe that’s why Senator McCain could say with a straight face, as recently as this morning, and I quote “the fundamentals of our economy are strong.” That, “We’ve made great progress economically” during the Bush years. But friends, I could walk from here to Lansing, and I wouldn’t run into a single person who thought our economy was doing well, unless I ran into John McCain.
LONDON — A Pink Floyd spokesman says founding member Richard Wright has died. He was 65.
Bummer. His “Sisyphus” composition was one the first rock n’ roll compositions I messed around with on keys as a kid. Beyond that, he contributed far more to Floyd than people realize.
Phantom, concerning your question whether Citigroup would be next, I’d say maybe not, but it is certainly in the line. Do you think that BoA will want to buy it, too (in line with my thoughts that BoA really wants to be the only national bank in the U.S.)?
Breakin News: Fear not, the Fundamentals of the economy are Strong, per Mccain.
(It’s just another buying opportunity).
Whiile it is indeed sad that Richard Wright has passed, it is also sad, but not equally so, that he was 65. Damn, we are all getting so damn old. Beats the alternative, but damn
Looks like BoA may just be the next National Bank for the entire country.
From 2005 — He sure knows how to pick em McCains senior economic adviser — …. she was fired from her last job for shabby performance and was rewarded with a 22 million parachute, Not only does he not know much about the economy — he picks mediocre advisers
:
NEW YORK (CNN/Money) – Hewlett-Packard Co. Chairman and CEO Carly Fiorina, one of the most powerful women in corporate America, is leaving the troubled computer maker after being forced out by the company’s board.
Shares of HP (Research) jumped 6.9 percent in heavy trading on the New York Stock Exchange Wednesday on the news. But at one point, the stock was up as much as 10.5 percent.
“The stock is up a bit on the fact that nobody liked Carly’s leadership all that much,” said Robert Cihra, an analyst with Fulcrum Global Partners. “The Street had lost all faith in her and the market’s hope is that anyone will be better.”
Fiorina, the only female CEO at a company in the Dow Jones industrial average, had been with HP since 1999. But the company’s controversial deal to buy Compaq in the spring of 2002 — after a bruising proxy fight led by one of the Hewlett family heirs — has not produced the shareholder returns or profits she had promised.
And, to amplify my thought above, BoA wants to be the only player in both “regulated banking” and “shadow banking” in the U.S. No need to think about antitrust review here, there’s an emergency going on./sarcasm
Sept 13, the vulgar childish one wrote:
“And regarding 9-11; we’ve just had our national day of blubbering, name-reading, remembering, and half-masting.”
what a lovely reminder of the caring and compassion shown by libs.
Fiorni trying to spin the current economic crisis on the dem. congress that has been in control past couple of years (failing to mention of course they only hold a very slim majority in the Senate), and that the mortgage crisis is not the result of just the past year and a half.
She did get called on the timeline.
Also heard Mccain has named a Superlobbyist to head his transition team. More of the Same Mccain.
Yes they will be the biggest non-bank bank probably in the world.
Why is it the other investment firm was rescued, and Lehman’s wasn’t, a question of lobbyist or political influence?
Regular
Posted September 15, 2008 at 10:19 am | Permalink
“CAPNAMERICA OUTED AS GALAHAD” Blogger promises to
come up with another identity.
Posted by: ProudMan | October 29, 2006 at 04:28 PM
Maybe he should change once in a while, sort of
like Galahad -> ProudBlue -> TrueLib -> and who is
it now, CapnAmerica?
Worst.
Poster.
Ever.
Posted by: Original_Steve | January 30, 2007 at
08:54 AM
I posted under the nic of Proud Lib, True Blue, Galahad, Left Hook, and apparently Wally O’Dell. I didn’t remember the last one, but there it is . .
My e-mail address is wally_o66@yahoo.com. This is the e-mail address you get if you click on my “e-mail me” link on my typekey page. It’s out there for everyone to see.Now, let’s move on. This was tiresome before it started . . .Posted by: CapnAmerica | April 06, 2007 at 12:21
What? CapnA-A-A ma, ma merica? Comm mitted the cardinal sin of ni-ni-ni-nic switching?
Say it ain’t so!?!
On the nonrescue of Lehman, don’t know, Phantom. I’m trying to read a bit of “business news” over lunch to see if I can get a feel for what went down there. Initially, all I’ve found is that a buyer (or group of buyers) couldn’t be found for Lehman, and Sec. Paulson said “no” to bailout. More later (maybe).
Just watched the democrats little anti-Palin protest in Alaska. CNN calls it a “huge” rally.
Watch carefully the four small clips provided. There are maybe MAYBE 100 people scattered along a few city blocks. Nothing huge.
Republicans should call them on this one. Or maybe organize little HUGE protest rallies against Obama in Kansas birthplace and Chicago.
Really stretching the limits libs. Must be desperate times.
The American nightmare continues. The collapse of Lehman Bros., AIG, and Merrill Lynch are more to lay at the feet of the republican administration. The GOP has ran for many decades on deregulation. In this case they succeeded. They deregulated the mortgage banks from the investment banks and you reap today what they have sewn. The “free for all” after this deregulation has brought to bear the current situaton. They hypocrisy that I am hearing today from the right is “we need to restore regulation”. Is that the same regulation you so strongly opposed in the past? The part of the New Deal that was put in place to ensure that this exact situation would not happen? You can thank President Bush, Phill Gramm, and his lovely wife for your retirement disappearing before your very eyes.
Bear Stearns was the tip of the iceberg. More large investment banks are going to collapse. The market will be below 10,000 shortly. Your 401k and IRA’s will be worthless soon. The end of structured credit as we know it is upon us. Enjoy!!
http://blogs.wsj.com/economics/2008/09/15/the-government-stood-firm-was-it-the-right-call/?mod=homeblogmod_realtimeeconomics
Above link has some general information (acknowledging right here that the link is to a blog). Appears only two potential buyers for Lehman; BoA and Barclays. Each likely wanted more in fed guarantees than the $39 Billion involved with Bear Stearns. Authors note that unlike before, this wasn’t a “surprise”. Ultimate question is whether the refusal will be the right call; no answer can be given now.
What or who is wefu?
Anchorage Daily News says: “hundreds”
http://www.adn.com/news/alaska/story/525008.html
They were there…
It looks like Palin will be having to avoid these for the foreseeable future:
Boulder women plan to protest at Palin rally in Golden
About 100 Boulder women plan to protest outside Republican vice presidential candidate Sarah Palin’s campaign stop this morning at the Jefferson County Fairgrounds.
The market IS a buying opportunity – IF you have cash lying around…
Again, proof that Bush’s anti-regulation regulators were asleep at the switch.
And McCain seems intent to reassure the “base” that no envisions no changes from the current regime.
Like Colbert said, Only Republicans can clean up the Republican Mess.
Hundreds my butt. Look at the clips on CNN.
A few people scattered (wisely for crowd appearance) along three city blocks. THAT’S WHY THE CAMERA PANS SO QUICKLY!!!! So you don’t notice!
It makes great use of the media to make something minor appear huge.
Perfect 1984.
This exageration by the media to cast a candidate in a negative light – should be investigated.
Find the democrats money hidden under the rock with the Obama party sponsoring this event. (and future ones)
Look, it’s O.K. for you to be afraid of a woman. And a republican woman. And a woman who can shoot. And a woman who can hunt, fish, and camp.
(sounds like heaven to me)
But it is NOT O.K., to make stuff up about her.
“About 100 Boulder women”
and if one of them brings a female child that will make the count 101.
That in the news starts out as “hundreds”.
Then, “nearly a thousand”.
And finally, “Huge rally”.
Steven, I believe WEFU stands for Wichita Eagle Screw Ups… Screw beginning with letter “F” :roll:
WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview.
Obama insisted that Congress should be involved in negotiations on the status of US troops – and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its “state of weakness and political confusion.”
“However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open.” Zebari says.
Though Obama claims the US presence is “illegal,” he suddenly remembered that Americans troops were in Iraq within the legal framework of a UN mandate. His advice was that, rather than reach an accord with the “weakened Bush administration,” Iraq should seek an extension of the UN mandate.
While in Iraq, Obama also tried to persuade the US commanders, including Gen. David Petraeus, to suggest a “realistic withdrawal date.” They declined.
Obama has made many contradictory statements with regard to Iraq. His latest position is that US combat troops should be out by 2010. Yet his effort to delay an agreement would make that withdrawal deadline impossible to meet.
http://www.nypost.com/seven/09152008/postopinion/opedcolumnists/obama_tried_to_stall_gis_iraq_withdrawal_129150.htm
——————–
Not only is winning an election more important than winning a war but the lifes of our fighting men and women are expendable to make sure he wins an election.
If this has been posted previously sorry – I just couldn’t believe the gall of this man. The One we have been waiting for.
Obama = Lying POS.
WOOF! WOOF! WOOF! WHO LET THE DOGS OUT? WOOF! WOOF! WOOF!
2 Palin Posts A Day Every Day!
Welcome to the WE Blog Attack Dog!
The continuous, redundant, slanderous attacks will continue. Repeat the same lies over and over, and idiots will think they are true!!!
Except for Bush, never has the press attacked a candidate more then Palin.
This is an unprecedented attack in scope and repetitiveness.
Never before, as the press gave a rats ass about the VP!
Who let the dogs out????????????
I’ve NEVER seen the WEBlog post 2 Topics per Day Every Day on ANYONE ELSE, until now.
The WE Blog Truly Fears Palin!
Don’t you get tired of redundant posts every day with the same attacks on the same person?
I hate redundant posts, don’t you?
Redundant posts are well, redundant…..
REDUNDANT….
redundant………
Say, can we can another Tiahrt Amendment topic?
Haven’t seen this topic posted all month!
You don’t suppose Brownlee has been saved by the NRA?
MaxGrobnik
Posted September 15, 2008 at 3:15 pm | Permalink
You don’t suppose Brownlee has been saved by the NRA?
======
Ha! The recoil would blister his soft silky feminine hands!
okobserver posted September 15, 2008 at 7:00 am
“I asked Cosmos a couple of weeks ago about the absence of sunspots and got no response. He was stuck on stupid about the 2000 acres needed to drill in Alaska.”
———–
Congress would open 1,504,000 acres to exploration and drilling.
http://www.inforain.org/Northslope/anwr_3.html
Sunspots are not the only forcing on Earths climate. You seem to lack the tiny bit of intelligence needed to understand that.
Drill it. Drill it real good.
Congress would open 1,504,000 acres to exploration and drilling.
======
1,226 x 1,226 miles?
My mistake, 48 sq.mi.?
ANTI
Posted September 15, 2008 at 3:17 pm | Permalink
MaxGrobnik
Posted September 15, 2008 at 3:15 pm | Permalink
You don’t suppose Brownlee has been saved by the NRA?
======
Ha! The recoil would blister his soft silky feminine hands!
——————————————————————-
I’m betting he already has blisters.
Let’s see then,
that would open drilling
for an area that is
6 miles X 8 miles?
(Help me with the publik edukation math)
Man, my math is bad today. It would be 1,504,000ac / 640(acres in 1 sq. mi.)=2,350 sq. mi., so 48 miles x 48 miles
48 miles x 48 miles, right ole Cosmos?
tiny.
586,400 sq miles in Alaska.
2,304 sq miles for drilling oil.
That is 0.39% of the total land area in Alaska.
Wow, less then 1/2 of 1% of Alaska would be RUINED
Fire up the rigs!
99.5% of the caribou, polar bears, and reindeer would live!
Hey, those Polar Bears are gonna drown anyway, so might as well kill em by drillin.
Thanks for the help cosmos! You have made it clear that this is a non-issue. :D
Hey, those Polar Bears are gonna drown anyway, so might as well kill em by drillin.
========
I would like to give a few of them lead poisoning before they all drown.
Cosmos must be furiously checking his websites for a rebuttal.
MaxGrobnik and anti, thank you for proving that you are idiots
1,504,000 acres = 2,350 square miles
‘The Unique Conservation Values of the Arctic Refuge‘
http://arctic.fws.gov/issues1.htm#section3
“Although the 1002 Area is only 10% of the total Refuge acreage, it includes most of the Refuge’s coastal plain and arctic foothills ecological zones.
…
The 1002 Area is critically important to the ecological integrity of the whole Arctic Refuge, providing essential habitats for numerous internationally important species such as the Porcupine Caribou herd and polar bears.”
ANTI
Posted September 15, 2008 at 3:31 pm | Permalink
Man, my math is bad today. It would be 1,504,000ac / 640(acres in 1 sq. mi.)=2,350 sq. mi., so 48 miles x 48 miles
=====
That is what i stated cosmos…idiot.
‘The Unique Conservation Values of the Arctic Refuge‘
http://arctic.fws.gov/issues1.htm#section3
“Although the 1002 Area is only 10% of the total Refuge acreage, it includes most of the Refuge’s coastal plain and arctic foothills ecological zones.
…
The 1002 Area is critically important to the ecological integrity of the whole Arctic Refuge, providing essential habitats for numerous internationally important species such as the Porcupine Caribou herd and polar bears.”
Anti, those copper bullets are safer.
Is there a special procedure for skinning Porcupine Caribou?
Remington® Core-Lokt® Rifle Ammo may be a good choice.
MaxGrobnik
Posted September 15, 2008 at 4:00 pm | Permalink
Is there a special procedure for skinning Porcupine Caribou?
=========
Pull out the quills first.
The six reasons the “Drill Baby Drill” movement is pretty silly are:
1) America’s known reserves of oil are 2.2% of the globe’s known reserves. We use 25% of the world’s oil – 7.5 billion barrels a year. If we extracted all of the oil out of ANWR we would obtain 10.4 barrels of oil – a year-and-a-half supply. Likewise if we drill offshore and use up all known reserves we would receive an additional two years of oil.
2) If authorized by congress, off shore drilling could not begin for at least 5 years. The ships needed to for drilling are booked for the next five years. ANWR oil will not flow until 2018.
3) U.S. oil is not likely to stay in the U.S. market. Exxon, et al. are global companies and will sell their oil on the open market for the highest dollar, regardless of where the oil comes from.
4) There is nothing that could keep China’s oil company from winning the offshore oil leases that Bush/McCain are eager to put up for bid. Congress could mandate that all oil from the U.S. leases be reserved for domestic use. Guess who has opposed such an intrusion into marketplace? John McCain.
5) If big oil is wanting to produce more oil and save consumers, they could drill on the 68 million acres of federal property they already hold. There was a “use it or lose it” bill before the House in July. Bush promised to veto this legislation. John Boehner (minority leader) and all but 28 Republicans helped to kill this bill.
6) The dirtiest little secret about the “drill baby drill” drill team??? – is that Big Oil has no interest in getting more oil on the market. The Big Five (Exxon-Mobil, Chevron-Texaco, Conoco-Phillips, BP, and Shell) are siphoning enormous profits from our pockets by keeping supplies tight.
Exxon-Mobile’s profit margin was 32%. They spent 4.3 billion on exploration, but bought back 40 billion dollars of its own stock.
From the full article at hightowerlowdown.com.
A primer on stock buybacks:
http://www.investopedia.com/articles/02/041702.asp
Corporate profits receive a lot of media attention, but what receives considerably less attention are the corporate taxes paid on corporate profits. Do a Google search for “Exxon profits” and you’ll get about 8,000 hits. Now try “Exxon taxes” and you’ll get a little more than 300 hits. That’s a ratio of about 33 to 1.
I’m pretty sure that Exxon’s tax payment in 2007 of $30 billion (that’s $30,000,000,000) is a record, exceeding the $28 billion it paid last year.
By the way, Exxon pays taxes at a rate of 41% on its taxable income!
[Update: The $40.6 billion and $39.5 billion figures are after-tax profits. For 2006, Exxon's EBT (earnings before tax) was $67.4 billion, it paid $27.9 billion in taxes (41.4% tax rate), and its NIAT (net income after tax), or profit, was $39.5 billion.]
Over the last three years, Exxon Mobil has paid an average of $27 billion annually in taxes. That’s $27,000,000,000 per year, a number so large it’s hard to comprehend. Here’s one way to put Exxon’s taxes into perspective.
According to IRS data for 2004, the most recent year available:
Total number of tax returns: 130 million
Number of Tax Returns for the Bottom 50%: 65 million
Adjusted Gross Income for the Bottom 50%: $922 billion
Total Income Tax Paid by the Bottom 50%: $27.4 billion
Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people! Further, the tax rate for the bottom 50% is only 3% of adjusted gross income ($27.4 billion / $922 billion), and the tax rate for Exxon was 41% in 2006 ($67.4 billion in taxable income, $27.9 billion in taxes).
http://seekingalpha.com/article/63131-exxon-s-2007-tax-bill-30-billion
———————–
Cosmos when you find your hatred for ‘Big Oil’ ready to explode just remember they are pulling your tail out of the ringer and keeping many other people in the manner to which they have been trained to think they deserve.
Still little of the absence of the sunspots that many scientist say is much more responsible for the climate change we are in than anything man can or has done.
Just a tad of intelligence would tell you that Cosmos.
But Steve, those are facts. Republicans aren’t interested in facts. Or for that matter they aren’t interested in logic, common sense or paying off debts.
Maggotpunk
Posted September 15, 2008 at 4:32 pm | Permalink
But Steve, those are facts. Republicans aren’t interested in facts. Or for that matter they aren’t interested in logic, common sense or paying off debts.
=======
Nah, I just hate bears.
StevenDavis having worked in the coal industry in Ok I can tell you that just because a company takes options on land, until the core sample is pulled little is know about the reserves in the ground.
We did topol studies and could predict that coal was present but couldn’t say how deep or what grade until the core was drawn. Then you determined if it was cost worthy to go after the coal.
This happens with oil companies also. Dims just refuse to admit to it. When I was a democrat years ago it wasn’t a requirement of party membership to bury your head. How times have changed.
Ok, great post on taxes!
But to the Libs, 41% still isn’t a high enough tax rate for the oil companies.
They won’t be happy until that rate is 100%.
As of 2005:
The bottom 50% of all income tax filers only pay 3.07% of all taxes.
……………Income …Tax Share
Top 1%___>$364,657___39.38%
Top 5%___>$145,283___59.67%
Top 10%__>$103,912___70.30%
Top 25%__> $62,068___85.99%
Top 50%__> $30,881___96.93%
Bottom
50%______< $30,881____3.07%
http://www.irs.gov/pub/irs-soi/05in05tr.xls
http://www.irs.gov/pub/irs-soi/05in06tr.xls
Thanks Max this is why the Kansas democrat party has earned the name ‘dims’. How can anyone, let alone an entire blogs worth of them be that dense?
This is essentially Obama’s plan:
The Libs won’t be happy until they are paying a Negative Tax rate. That’s right, they want money back! Money taken back from the RICH and given to them!
Wealth redistribution would look like:
……………Income …Tax Share
Top 1%___>$364,657___90%
Top 5%___>$145,283___100%
Top 10%__>$103,912___125%
Top 25%__> $62,068___150%
Top 50%__> $30,881___175%
Bottom
50%______< $30,881____ – 75%
That’s right, the Top 50% would pay 175% of total taxes.
The Bottom 50% would steal 75% of the collected taxes. (Thieves that they are!)
okobserver posted September 15, 2008 at 4:36 pm
“StevenDavis having worked in the coal industry in Ok I can tell you that just because a company takes options on land, until the core sample is pulled little is know about the reserves in the ground.”
————–
Actually, the amount of oil that a field can produce is unknown until after production starts.
The geology at Badami caused it to produce much less than expected, and it was shutdown because it wasn’t profitable. Higher oil prices allowed them to restart, but it still had/has problems.
Badami is about 1/2 way between Prudhoe Bay and the western edge of the Arctic Refuge.
‘BP and Savant looking at Badami restart’
http://www.petroleumnews.com/pntruncate/610780426.shtml
“Major and independent would drill two wells over the next two years to avoid losing lands at the unit, hopefully restart field.”
Question, okobserver; when computing the percentage of income Exxon paid in (I presume) federal corporate income taxes, was the income figure reported the “book” income or “taxable” income? As you are aware, due to timing differences on items such as depreciation, there may be a substantial difference between the two in any one year. Or, was the 41% a total income tax figure, including all state income taxes paid? Or, was it a “total tax figure”, including all property, etc. taxes?
Actually, the amount of oil that a field can produce is unknown until after production starts.-cosmos
=======
Then how do they know how much oil is in ANWAR?
True enough, ANTI; the figure often given is a “best estimate”, and may overstate or understate the actual oil in place, the amount of which may be recovered is subject to a number of variables.
Actually Cosmos originally with slant and horizonial drilling core samples and the quality and denseness of sludge pulled can predict fairly accurately how productive a field will be.
I have never heard you say what field you work in so have no idea where you get your info. But as I have said just having the mineral rights on land doesn’t mean it is feasible to go after it. Also with the new infrared technology predicting is becoming much more accurate.
Oh no, with Obama’s tax plan we’ll revert to having a prosperous nation that enabled America to build it’s massive infrastructure. We can’t have that. Let’s continue the policy of fleecing the public, selling off our nation’s resources, letting infrastructure fall apart, and create a nation of paupers.
Oil/Smoil
Oil is cheap compared to bottled water.
Price 1 dollar for 16 oz water or half a quart.
That would be 2 dollars per quart or
8 dollars per gallon
336 dollars per barrel for water. ( 42 gallon barrel )
The reason for the question, okobserver, is that while the piece you did a cut and paste on and linked does not specifically address the same. True, the author says “taxable income”, but I presume he didn’t see the actual 1120, instead looking at the financial statements and notes thereto to determine the income figure as “taxable income”.
Actually Obama’s tax plan would increase the top rate from 35% to 39%. Not hardly the change needed but it is an improvement.
It’s no surprise McCain can’t find an economic to support his economic plan. Even Greenspan, who helped weaken the economy, thinks McCain’s plan in dangerous.
Regular, I have a barrel of water outside my house and it didn’t cost anything. Too bad I can’t run my car off of water. I suppose you have one of those fancy magic cars.
#
Maggotpunk
Posted September 15, 2008 at 5:06 pm | Permalink
Regular, I have a barrel of water outside my house and it didn’t cost anything. Too bad I can’t run my car off of water. I suppose you have one of those fancy magic cars.
———————–
Or a Stanley Steamer.
okobserver posted September 15, 2008 at 5:02 pm
“Actually Cosmos originally with slant and horizonial drilling core samples and the quality and denseness of sludge pulled can predict fairly accurately how productive a field will be.”
————-
Then tell us WHY Badami failed to produce as expected? Why did they waste the investment for the infrastructure and connecting pipeline on a non-profitable field?
‘BP and Savant looking at Badami restart’
http://www.petroleumnews.com/pntruncate/610780426.shtml
“Major and independent would drill two wells over the next two years to avoid losing lands at the unit, hopefully restart field.”
———–
They did not know that the oil was in “compartments” until AFTER they started production, and rates quickly dropped.
Another reason that the “Drill Baby Drill” movement is stupid is that higher energy efficiency is guaranteed to “produce” many times more than what more drilling might.
So according to cosmos, it would be stupid to drill in the U.S. for more oil.
So, the only scenario left for immediate production would be for Saudi Arabia, Russia and Venezuela it would be perfectly fine so that more U.S. Dollars can drift away from the economy.
That’s the Lib solution.
PAY THEM
PAY MORE
PAY NOW
VT here is the actual Income Statement.
Vhttp://finance.yahoo.com/q/is?s=XOM&annua
As you know many things determine what makes income taxable. The largest of course if the administrative cost. This would be used for compensation to officers and top employees and would itself be taxable as income to them unless showed as deferred income.
It would therefore still be accurate to guote the 40%+ figure as their tax bracket.
Well Cosmos originally when the poor bloke that is paying almost $4 a gallon for gas today is praying for relief you are going to offer him energy efficiency if he will just go buy a new car when those new and improved energy efficient models hit the lots.
Or do you suppose that is why McCain and Palin are walking all over Obamas numbers right now because this poor bloke knows he can’t afford the gas for his old clunker let alone be able to purchase a new improved model when they actually come out.
You live outside of reality and the voters are starting to see the democrats don’t have a clue what makes the world go round.
Drill here, drill now and pay less.
Well, okobserver, as the highest corporate income tax rate in the U.S. is 39%, imposed at an intermediate bracket, with the taxable income over $18 million plus taxed at 35%, it is hard for me to fathom just how the 41% figure is arrived at as “corporate income taxes”. Now, there could be AMT included, which would raise the overall rate; I admit that. However, that is not how the presentation is made; it is flatly stated that this 41% figure is the amount paid in U.S. corporate income taxes by Exxon.
Multi-nic’d Regular posted September 15, 2008 at 5:25 pm | Permalink
“So according to cosmos, it would be stupid to drill in the U.S. for more oil.”
————-
Yes, I believe it’s “stupid” to do exactly what OPEC wants us to do — more domestic drilling.
I believe it’s wiser to invest in higher energy efficiency — which costs only about $12 (year 2000 $’s) for each barrel saved.
And multi-nic’d Regular’s stupid bumper sticker rants do not refute my points.
Gosh Vtolle, google it.
http://ir.exxonmobil.com/phoenix.zhtml?c=115024&p=irol-reportsAnnual
There you can find out if taxes paid in 2007 was enough for you:
$31,728,000,000 in Sales Based Taxes
PLUS
$40,953,000,000 in Other Taxes & Duties
$72.681 Billion Paid in Taxes by Exxon. And still not enough.
Maggotpunk
Posted September 15, 2008 at 5:02 pm | Permalink
Oh no, with Obama’s tax plan we’ll revert to having a prosperous nation that enabled America to build it’s massive infrastructure. We can’t have that. Let’s continue the policy of fleecing the public, selling off our nation’s resources, letting infrastructure fall apart, and create a nation of paupers.
================================================================
Yes, HIGH TAXES makes a country RICH!
(If you’re a Socialist looking for Income Redistribution, that is.)
So the drilling of the Interior Department employees should be widened, expanded? Should we trust someone else, maybe? I for one don’t trust a single entity of government. I thought they did plenty of drilling here, drilling now. I’m for taking a step back.
Did Google it Max, and saw the same information. It (the information) bluntly doesn’t support the assertion made that Exxon paid 41% of its profits in U.S. income taxes. It does show that Exxon did pay $73.681 Billion in sales based taxes, together with other taxes and duties.
BTW, I’m not arguing whether that amount is or is not “enough”; I’m trying to find out what the federal income tax component of the $73.681 Billion is, in light of the statement reiterated several times that 41% of Exxon’s before-tax profit was paid in U.S. Corporate income taxes. Somehow, I don’t believe that 41% figure accurately represents the federal income tax burden on Exxon.
Can you get specific on your $12/bbl savings Cosmos?
Some idea like this for example:
Did you know trucks consume 20% of the oil used in the US?
Truck to Train to Truck plan. Posted this before. We spend billions on Interstate highways used mainly by trucks. Let’s divert some highway money to rails. Truck routes beyond 500 miles should not be necessary. Need high-speed rail, with rapid onload/offload regional hubs.
Saves: Fuel, Wear/tear on Roads, 7,500 lives killed today in accidents involving trucks, less pollution. Costs less then 1/4 to ship by rail, then by truck. Imagine reducing truck diesel fuel consumption by 75%! Translates to roughly 20% reduction in overall oil consumption in US.
Max, under what administrations did America experience the largest economic growth? It was those administrations that raised taxes. The rate of economic expansion decreases when taxes are reduced as we have seen with the economic policies of Republicans since Eisenhower.
But why bother lecturing a Republican on economic issues, it’s not like they’ll be able to trouble their little minds with facts.
Linda whats with you? You didn’t seem to mind drilling by the executive branch when the Clintons were in charge and now you don’t think anyone in the Dept of the Interior can be trusted.
Max, the truck to train to truck plan makes sense to this blogger, and looks to me to be one thing that could be exploited to achieve reduced consumption.
okobserver posted September 15, 2008 at 5:40 pm
“You live outside of reality and the voters are starting to see the democrats don’t have a clue what makes the world go round.
Drill here, drill now and pay less.”
—————
okobserver needs to do a reality check.
It’s “Drill here, drill now, and pay a few pennies less many years from now.”
(Assuming that OPEC doesn’t countermand, by cutting their production)
http://www.wilderness.org/Library/Documents/upload/PennyaGallon20yrs1.pdf
“The latest EIA report predicts that when Arctic Refuge oil is at or near peak (2025), prices at the pump would only be affected by only a few pennies per gallon.
3 “
MaxGrobnik,
Specifics,
http://www.oilendgame.com/ReadTheBook.html
“Truck to Train to Truck plan. Posted this before. We spend billions on Interstate highways used mainly by trucks. Let’s divert some highway money to rails. Truck routes beyond 500 miles should not be necessary. Need high-speed rail, with rapid onload/offload regional hubs.”
Oh those pesky socialist programs. An interstate highway and rail system. I suppose if we went your way we’ll all be going on horse and buggy trails. Funny how you dismiss socialism in one post and embrace it in another.
Someone needs to retake high school and learn about the development of this country.
VT I can’t tell you how someone else arrives at their numbers but look at the Income statement and realize that not only is the gov getting the income taxes from the company but also from the execs.
A more telling number which puts ‘big oil’ in the same class as many other sectors is that Net income on the gross profit was actually a little less that 10%. I believe ATT has 14% last year.
This is what the fanatical radical extremist liberals want:
Britain Adopts Islamic Law, Gives Sharia Courts Full Power to Rule on Civil Cases
Monday, September 15, 2008
Islamic law has been officially adopted in Britain, with sharia courts given powers to rule on Muslim civil cases.
The government has quietly sanctioned the powers for sharia judges to rule on cases ranging from divorce and financial disputes to those involving domestic violence.
Rulings issued by a network of five sharia courts are enforceable with the full power of the judicial system, through county courts or the country’s High Court, a part of its Supreme Court system.
Previously, the rulings of sharia courts in Britain could not be enforced, and depended on voluntary compliance among Muslims.
Politicians and church leaders expressed concerns that this could mark the beginnings of a “parallel legal system” based on sharia for some British Muslims.
Dominic Grieve, the shadow home secretary, said: “If it is true that these tribunals are passing binding decisions in the areas of family and criminal law, I would like to know which courts are enforcing them because I would consider such action unlawful. British law is absolute and must remain so.”
http://www.foxnews.com/story/0,2933,422661,00.html
Income Tax Expense 29,864,000 (for the year 2007), taken from the link kindly provided by okobserver. Now, that is a summary (in thousands of dollars) of income tax expense for Exxon. Still isn’t broken down by jurisdiction; but my arithmetic tells me that federal income taxes paid for 2007 does not equal 41%, even if all of it was paid to the U.S.
Before anyone else notices my erroneous arithmetic, that figure is indeed some 41% of pre-tax profit; again, though, the summary doesn’t break down the jurisdictions to which that amount was paid.
American,
Good article. Britain doesn’t have separation of church and state in their Constitution. If fundies in America had their way such protections in our Constitution would be removed. Your article is a perfect reminded why we shouldn’t let theocrats like McCain and Palin anywhere near the White House.
I don’t have the time but I could bury you in your own logic Maggot because you are dead wrong. Just keep saying it though. If a lib says something enough times then it becomes true. I haven’t figured out the magic number yet though.
Cosmos you managed to totally ignore my point. How are you and every other dim here going to help the poor bloke that drives to work everyday to put feed on his families table anytime in the near future. If they wait for you and the algore bunch they will waste away to nothing or find at the end of 10 years that the deadline was moved forward 10 more years. This is a dem tactic. This way you never have to address the problem.
Lay off the bong okobserver.
Duh dems have no plan Okobserver.
They just have ‘pie in the sky’ ideas – no plans.
Regular, the Democrats had an energy plan back in the 70s. Reagan decided that having America reliant on foreign oil and massive debts was a better plan.
Now we have 40 years of catching up to do.
Maggot it is those Christian fundies that are fighting hardest against the sharia laws. They recognize that this is something that will eventual have to come as the Christian roots of our country are discarded.
Do you take pills everyday to get this confused or are you smoking the funny stuff again?
okobserver, I’ve not attempted the computation of rate of net income compared to gross income; it seems I’m a bit arithmetically impaired this late afternoon. In the abstract, a 10% net margin is not out of line compared to other industries; however, what is the oil and gas industry margin in general?
As I’m sure you know, it isn’t the rate that offends many; it is the size of the income generated by the rate that is deemed offensive, especially where funds are used for stock buy-backs rather than further exploration and development (which, of course, are not expenses).
With that dinner plans are calling.
http://biz.yahoo.com/p/
Vt this is an interesting look at how sectors match up.
Okobserver drinks the bong water:
“Maggot it is those Christian fundies that are fighting hardest against the sharia laws. They recognize that this is something that will eventual have to come as the Christian roots of our country are discarded.”
And those fundies are working the hardest to create a Christian theocracy. But I’ll give some credit to you, ownership of women, slavery, genocide of Natives, that is our Christian heritage. Thankfully the Constitution did away with a lot of the inherited Christian laws we inherited from officially Christian England.
You might do well to learn a bit of American history. Start with the Treaty of Tripoli, it plainly states America is not founded upon the Christian religion.
Maggotpunk
Posted September 15, 2008 at 6:10 pm | Permalink
Regular, the Democrats had an energy plan back in the 70s. Reagan decided that having America reliant on foreign oil and massive debts was a better plan.
———————————
This energy plan of the 1970s Maggot? It failed miserably.
- Price controls – didn’t work
- Government interference in picking alternative energies (tax breaks) didn’t work
- 55 mph national speed limit – failed miserably
- We can’t conserve the problem away: Conservation should play a role in energy policy, but we will not conserve our way to prosperity. Fortunately, market incentives bring real and lasting conservation gains. As our economy grows and diversifies, we actually use less energy per dollar of GDP. According to the National Energy Policy Group (NEPG), since 1973, the U.S. economy has grown 126 percent, while energy use has increased only 30 percent.
- Dysfunctional tax code and the multiple levels of taxation on capital formation and investment hit the capital-intensive energy industry especially hard
Wrong as usual Regular. Carter introduced his plan in 1977. That gives an entire three years to work. Not exactly much time is it? When you get back in touch with reality try to give a reasonable rebuttal.
http://www.mnforsustain.org/energy_speech_president_carter.htm
okobserver posted September 15, 2008 at 6:05 pm posted September 15, 2008 at 6:05 pm
“Cosmos you managed to totally ignore my point. How are you and every other dim here going to help the poor bloke that drives to work everyday to put feed on his families table anytime in the near future.”
———–
And here is okobserver’s plan to help the “poor bloke”:
Drill here, drill now, and pay a few pennies less many years from now.
(Assuming that OPEC doesn’t countermand, by cutting their production)
http://www.wilderness.org/Library/Documents/upload/PennyaGallon20yrs1.pdf
“The latest EIA report predicts that when Arctic Refuge oil is at or near peak (2025), prices at the pump would only be affected by only a few pennies per gallon.
3 “
Reagan rolled back the CAFE standards, and caused U.S. oil demand to increase.
Written in 1990, but even more true today,
‘Make Fuel Efficiency Our Gulf Strategy?
http://www.rmi.org/images/PDFs/Security/S90-26_MakeFuelEffGulf.pdf
“Are we putting our kids in tanks because we didn’t put them in efficient cars? Yes: we wouldn’t have needed any oil from the Persian Gulf after 1985 if we’d simply kept on saving oil at the rate we did from 1977 through 1985.”
From footnotes,
“Although Chrysler met the standards in every year, Ford and General Motors flunked them for at least six years running, starting with model year 1983.
When even the 1986-88 rollback wasn’t enough to bail out GM, the Reagan Administration even considered a retroactive rollback of the 1985 standard!)
This 1986-88 rollback, undertaken entirely for Ford and GM’s benefit, competitively penalized Chrysler’s compliance; told GM and Ford they could defy Congress with impunity, and emboldened them to intensify their ferocious marketing (via rebates and other incentives) of their least efficient models.”
More at link.
Maggotpunk
Posted September 15, 2008 at 6:28 pm | Permalink
Wrong as usual Regular. Carter introduced his plan in 1977. That gives an entire three years to work. Not exactly much time is it? When you get back in touch with reality try to give a reasonable rebuttal.
==========================
That wasn’t an energy plan, it was a frickin’ speech.
Besides, I addressed everyone of those issues in my post. Not my fault you can’t comprehend English.
As I said before, Duh Dems have no plans, just words.
CAFE standards were working, until Reagan rolled it back.
THE BIGGEST SINGLE STEP the United States can take to curb global warming and save oil is to raise the fuel economy of our cars and light trucks.
http://www.sierraclub.org/energy/biggestsinglestep/
In this section:
* Introduction
* Innovative Technology Can Help Free Us From Our Dangerous Oil Dependence
* We Can Safely Improve Our Fuel Economy
* Creating Clean Cars In America Creates Jobs At Home
* Take Action!
Regular you didn’t address anything. Your entire argument is that doing nothing is a better energy plan than Carter’s. If that’s the case then why are we in the mess we are now? Carter had a plan and Reagan did away with it in favor of being ass raped by oil companies.
Thinking of it that way, I guess you got the “end” you wanted.
avtolle posts:
“In the abstract, a 10% net margin is not out of line compared to other industries;….it isn’t the rate that offends many; it is the size of the income generated by the rate that is deemed offensive,”
avtolle,
But to look simply at the size of the income and not the amount invested along with the risk level is dumb.
Lets say you have $10,000 to invest or bank. And for simplicity sake say you were going to simply put that in a C.D. The bank to the east is paying an interest rate of 3%, and the one to the west is paying 5% for the same term. Just where are you going to put your $10K.
If you have $10K to invest and decide to gamble on stocks or funds. One stock or fund has a solid track record of beating the norm for return on investment, and another doesn’t. Just where are you going to invest the $10K.
Same answer to both questions, all other things being equal? You are going with the higher return on your investment….period. And so does every other informed investor.
And so it is with Exxon or any other investment decision.
The rate of return vs risk is everything and certainly Exxon is at risk.
Ten percent is quite reasonable, and no one is going to invest with them if the RATE OF RETURN is sub-par.
Don’t be dumb!
Christian singer comes out of the closet:
http://www.onenewsnow.com/Church/Default.aspx?id=250538
“If this is the way God made me, then this is the way I’m going to live…I really feel closer to God because I no longer hate myself.” Those were the words of Ray Boltz in an interview with the Washington Blade about his decision to engage in homosexuality. Boltz, a father of four who was married for 33 years before officially divorcing his wife this year, is well-known for his widely acclaimed songs “Thank You” and “I Pledge Allegiance to the Lamb.”
I think the lipstick is rubbing off the pig…
“I for one don’t trust a single entity of government. ”
But you willing to trust them with your healthcare?
Planned Parenthood abortion mills continue to violate FDA guidelines about RU-486 usage, knowing that previous violations have caused deaths and life-threatening infections and complications for the mothers. Planned Parenthood of Greater Iowa is now distributing incomplete and mixed dosages and offering no-appointment, walk-in abortions at its abortion mills, using an abortionist quack who “consults” with exploited mothers by web camera. The mothers are forced to deal with the blood and the dead baby at home – alone. RU 486 abortions take longer and are bloodier than a surgical abortion, and 10 times more dangerous. 10% of RU-486 abortions are incomplete and require a follow-up surgical abortion, doubling the expense and risk. Planned Parenthood is doing this to cut expenses on the cost of the abortion drugs and the time staff has to spend in the mill with each exploited mother.
Cheaper, faster abortions mean more abortions and more profits. The increased risk and long-term consequences to mothers are, of course, of no concern to Planned Parenthood or their abortionist quacks.
Ban RU-486 now.
- – -
Joshua W. Figler, 24, of Massachusetts, is accused of slamming his 20-year-old girlfriend’s head into a refrigerator after she refused his demand to commit an abortion.
Figler was arraigned in Central Berkshire District Court Thursday and is charged with assault and battery and aggravated assault and battery. He faces 7 1/2 years.
- – -
David Miller, convicted of shooting pregnant girlfriend Elizabeth Walters in a Maryland parking lot and killing her and her unborn baby, will serve life without parole because of the unborn victims law. 20% of Maryland women who die during pregnancy are murdered, more than any other cause of death during pregnancy.
“Democrats had an energy plan back in the 70s.”
Yep, they sure did. Ahh the memories!
Gas shortages
Gas lines
Gas prices skyrocketing
55 MPH
“The Carter administration began a phased deregulation of oil prices. The price of a barrel of oil doubled and tripled.
In 1977 Carter had convinced the Democratic Congress to create the United States Department of Energy (DoE). (like that helped)
Significant government borrowing helped keep interest rates high relative to inflation.
Carter wore cardigan sweaters, had solar hot water panels installed on the roof of the White House, had a wood stove in his living quarters, ordered the General Services Administration to turn off hot water in some federal facilities, and requested that Christmas decorations remain dark in 1979 and 1980. Nationwide controls were put on thermostats in government and commercial buildings to prevent people from raising temperatures in the winter (above 65 degrees Fahrenheit) or lowering them in the summer (below 78 degrees Fahrenheit).
Carter told Americans that the energy crisis was “a clear and present danger to our nation”
Carter’s fire-side speech argued the oil crisis was “the moral equivalent of war”. Several months later, in January 1980, Carter issued the Carter Doctrine, which declared that any interference with U.S. oil interests in the Persian Gulf would be considered an attack on the vital interests of the United States.
Happy days.
“DavidB
Posted September 15, 2008 at 7:48 pm | Permalink
I think the lipstick is rubbing off the pig…”
Is that why Obama’s lips are so big?
When Bilious Sebelius addressed the sodomite Stonewall Democrats in Denver on August 23, she told them that your 2005 Marriage Protection Amendment to your Kansas Constitution is wrong and unnecessary, and that she intends to get rid of it. Oh, and that the GOP is a political party of hate.
Doesn’t a state governor take an oath to uphold the state constitution, including recent amendments? What action to WE THE PEOPLE take, when a sitting governor publicly violates that oath, standing publicly outside of our state, and siding with an immoral, subversive, special interest group, a tiny group that perpetrates one third of the sex crimes upon our childre, against 70% of the people of Kansas and the great majority of elected Kansas lawmakers?
MaxGrobnik
Posted September 15, 2008 at 5:43 pm | Permalink
“$72.681 Billion Paid in Taxes by Exxon. And still not enough.”
No Max but it does make the liberals “feel” better. It makes them “feel” like they can sock it to the big oil companies.
But it won’t do a damn thing to lower gas prices (and may increase them so the little guy can’t afford it), it won’t improve our economy, it won’t promote any greening of America (congress will just spend it on something else), and it won’t decrease the national debt/deficit.
But libs are running this year on hate and fear.
And attacking big oil, although it makes no logical sense, does make one “feel good”.
Good point ‘parkay’, very good point.
Of course the DimLibs will never even understand the questions.
“Christian singer comes out of the closet:”
So? What’s to celebrate about about another person failing (33 yrs of marriage and father of 4) and giving in to the ‘dark side’? Perverse temptations can come at anytime and that is no excuse for yielding to it.
“a tiny group that perpetrates one third of the sex crimes upon our childre,”
Hey Parkay you got a link to that? I’d sure like to see it. Thanx
Boxlock my thoughts exactly. For 33 years he was a husband and father and then ‘discovered’ that he had always been gay. Yes I really admire this man who is true to himself. Guess he just woke up one morning and said today I am going to start screwing with men. What happened to born that way?
Hope he has his fortune made because I think his future as a Christian singer has reached a dead end. Not because he is gay but because he is a liar. A self centered prick who just put his wife and kids through a public hell so he could be true to himself.
What bullcrap!
Interesting tidbit from Ben’s link:
“When he says he’s born that way, we know now for a fact that that’s false. In fact, just last year in March, the director of the Human Genome Project, Dr. Francis Collins, said this: homosexuality is not hardwired. There is no gay gene. We mapped the human genome. We now know there is no genetic cause for homosexuality.”
No proof it’s there and now evidence it isn’t. Guess this puts the lie to ‘born that way’.
Well if they are not born that way, does this mean it is a matter of choice? Choice then means deviant?
This entire thread has now spiraled downward into meaningless drivel…. I hope you all are happy with your right wing, hate filled, arrogance; and general UnAmerican attitudes…
Good night; Good luck; God bless —-
Whatever you conceive God to be!!
Blessings ALL!!
Blessings on the hurricane survivors!!
So mote it be!!
Dr. Francis Collins replies to that falsification:
“The evidence we have at present strongly supports the proposition that there are hereditary factors in male homosexuality …
No one has yet identified an actual gene that contributes to the hereditary component (the reports about a gene on the X chromosome from the 1990s have not held up), but it is likely that such genes will be found in the next few years.”
That is from the horses mouth….
http://www.exgaywatch.com/wp/2007/05/major-geneticist-francis-collins-responds-to-narth-article/
They just keep reading these liars and re-spew it….
DavidB,
They have to use lies, to justify their incorrect opinions. Another example,
okobserver posted September 15, 2008 at 4:32 pm
“Still little of the absence of the sunspots that many scientist say is much more responsible for the climate change we are in than anything man can or has done.
Just a tad of intelligence would tell you that Cosmos.”
———-
http://www.skepticalscience.com/solar-activity-sunspots-global-warming.htm
This could be Chas!
http://www.atlah.org/broadcast/ndnr07-28-08.html
Sounds just exactly like him!
Say Regular, you saw his picture.
Is that Chas in the link above?
#
MaxGrobnik
Posted September 15, 2008 at 11:05 pm | Permalink
Say Regular, you saw his picture.
Is that Chas in the link above?
==================
Naw, Chas is a white bread, brown hair, glasses.
The Maggot uses the same Dem attack on any conservative proposing any Government program – calls us Socialist! LOL!
Interestate Highways can be used by all. Interstate Trains could as well. Transportation is a fundamental role of Government, benefiting all. Should we have only private airports?
Now the Socialist the Maggot wants, are programs that take from the top 50% and give to the bottom 50%. That redistribution of wealth IS Socialism.
Your Socialist programs, such as national healthcare, would benefit a few at the expense of all.
Your Socialism provides a benefit to a small group, at the expense of others.
Oh and Maggot can see the difference. The Maggot also sees how a national rail system would hurt the Teamsters.
But really Maggot, do you want a 20% reduction in US Oil consumption, 7500 lives saved, a cooler and cleaner planet, or do you want to save the Teamsters?
Oh, you want to cure Global Warming and have Alternative Energy allright, but you want SOMEONE ELSE to pay for it.
SOCIALIST!
It does SOUND like Chas though, doesn’t it?
#
MaxGrobnik
Posted September 15, 2008 at 11:13 pm | Permalink
It does SOUND like Chas though, doesn’t it?
=========================
Except for the articulation I imagine Chas fumbling through a sermon like chimp with a banana in its mouth.
I meant the SHOUTING, YA KNOW, GIVING A SERMON AND STOMPING YOUR FEET, JUMPIN UP AND DOWN, AND YELLING AND SCREAMIN HIS LIL HEAD OFF!
I’ve met Chas.
I’ve seen “Regular” who looks decidedly not.
I believe that Max is Hank who I have met as well.
All the FIRE & BRIMSTONE he can muster to convince people abortions are fine per the modern interpretations of the Bible you know. And so is homsexuality OK, like with all those lonely shepards in the desert in those Bible stories.
ALAS BABYLON! SODDOM & GOMORAH WAS A LOVE STORY!
JR you believe a lot of things that aren’t true.
Carry on in your lil fantasyland.
Has anyone seen Harvey?
You know, that big white rabbit?
Prove me wrong “Max”.
JR you prove yourself wrong everyday. You don’t need my help for that.
#
MaxGrobnik
Posted September 15, 2008 at 11:28 pm | Permalink
Has anyone seen Harvey?
You know, that big white rabbit?
=================================
He keeps going around the corner just as I get close to him.
Say EAGLE, can we get ANOTHER Topic on Sarah tomorrow?
Please!
McCain’s Radical Agenda
By BOB HERBERT
Published: September 15, 2008
Talk about a shock to the system. Has anyone bothered to notice the radical changes that John McCain and Sarah Palin are planning for the nation’s health insurance system?
These are changes that will set in motion nothing less than the dismantling of the employer-based coverage that protects most American families.
A study coming out Tuesday from scholars at Columbia, Harvard, Purdue and Michigan projects that 20 million Americans who have employment-based health insurance would lose it under the McCain plan.
There is nothing secret about Senator McCain’s far-reaching proposals, but they haven’t gotten much attention because the chatter in this campaign has mostly been about nonsense — lipstick, celebrities and “Drill, baby, drill!”
For starters, the McCain health plan would treat employer-paid health benefits as income that employees would have to pay taxes on.
“It means your employer is going to have to make an estimate on how much the employer is paying for health insurance on your behalf, and you are going to have to pay taxes on that money,” said Sherry Glied, an economist who chairs the Department of Health Policy and Management at Columbia University’s Mailman School of Public Health.
Ms. Glied is one of the four scholars who have just completed an independent joint study of the plan. Their findings are being published on the Web site of the policy journal, Health Affairs.
According to the study: “The McCain plan will force millions of Americans into the weakest segment of the private insurance system — the nongroup market — where cost-sharing is high, covered services are limited and people will lose access to benefits they have now.”
The net effect of the plan, the study said, “almost certainly will be to increase family costs for medical care.”
Under the McCain plan (now the McCain-Palin plan) employees who continue to receive employer-paid health benefits would look at their pay stubs each week or each month and find that additional money had been withheld to cover the taxes on the value of their benefits.
While there might be less money in the paycheck, that would not be anything to worry about, according to Senator McCain. That’s because the government would be offering all taxpayers a refundable tax credit — $2,500 for a single worker and $5,000 per family — to be used “to help pay for your health care.”
You may think this is a good move or a bad one — but it’s a monumental change in the way health coverage would be provided to scores of millions of Americans. Why not more attention?
The whole idea of the McCain plan is to get families out of employer-paid health coverage and into the health insurance marketplace, where naked competition is supposed to take care of all ills. (We’re seeing in the Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and Merrill Lynch fiascos just how well the unfettered marketplace has been working.)
Taxing employer-paid health benefits is the first step in this transition, the equivalent of injecting poison into the system. It’s the beginning of the end.
When younger, healthier workers start seeing additional taxes taken out of their paychecks, some (perhaps many) will opt out of the employer-based plans — either to buy cheaper insurance on their own or to go without coverage.
That will leave employers with a pool of older, less healthy workers to cover. That coverage will necessarily be more expensive, which will encourage more and more employers to give up on the idea of providing coverage at all.
The upshot is that many more Americans — millions more — will find themselves on their own in the bewildering and often treacherous health insurance marketplace. As Senator McCain has said: “I believe the key to real reform is to restore control over our health care system to the patients themselves.”
Yet another radical element of McCain’s plan is his proposal to undermine state health insurance regulations by allowing consumers to buy insurance from sellers anywhere in the country. So a requirement in one state that insurers cover, for example, vaccinations, or annual physicals, or breast examinations, would essentially be meaningless.
In a refrain we’ve heard many times in recent years, Mr. McCain said he is committed to ridding the market of these “needless and costly” insurance regulations.
This entire McCain health insurance transformation is right out of the right-wing Republicans’ ideological playbook: fewer regulations; let the market decide; and send unsophisticated consumers into the crucible alone.
You would think that with some of the most venerable houses on Wall Street crumbling like sand castles right before our eyes, we’d be a little wary about spreading this toxic formula even further into the health care system.
But we’re not even paying much attention.
TWENTY.
That is 2 0 Topics on Sarah Palin in 15 days EAGLE.
Your Bi-Ass is showing.
How about TWENTY Topics on Obama for the next 15 days?
That should make things even by month-end.
EVEN, EQUAL, you know, like how you Socialists say things outta be.
TWENTY IN-DEPTH investigative days for Obama, oh how refreshing that would be!
You might even sell a newspaper.
John McCain Will Reform The Tax Code To Offer More Choices Beyond Employer-Based Health Insurance Coverage. While still having the option of employer-based coverage, every family will receive a direct refundable tax credit – effectively cash – of $2,500 for individuals and $5,000 for families to offset the cost of insurance. Families will be able to choose the insurance provider that suits them best and the money would be sent directly to the insurance provider. Those obtaining innovative insurance that costs less than the credit can deposit the remainder in expanded Health Savings Accounts.
———-
No where in his plan could I find where he said these would be before or after tax dollars. It seems there is a lot more in the link that Monkey posted than there is in the plan on McCain’s page.
Don’t quit your day job Hank.
McCain in Jacksonville…
Economy looks GREAT….
Later, in Orlando….
Economy is in a turmoil… looks bad….
Can this guy ever make up his mind???
==========================================
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