Posts Tagged With: Economy

For Get About U.S. Education, Continually Pay Teachers to Do Nothing

Comment By Bob L.
04-11-2013

We can not sit back and let people who can not even come up with a budget or Balance Americas Check Book tell our Schools what to do, it is time that we Americans, take back our Schools and get the Federal Government, the States,  Special Interest and the Unions out of our Schools.

Schools should be spending more time on Reading, Writing, and Arithmetic, every one of these head you in the right direction, we should not be teaching any thing else until you get in to the Eight Grade, then you start them on a trade.

This is why our kids are failing in this Country,because they are more interested to bring in Foreigners to do the jobs that Americans should be doing.

This Country has turned their backs on Education for Americans to Educate people from around the world, until they close the door there will not be a good Education program in this country.

Just look at how they want to give people from outside this country cheaper education while our kids pay more to go to college and school.

Why not lower the rates to our students instead of charging more so that they can bring people from outside this Country to get a better education then what our kids are getting, is this why our kids are failing, is this why our Teachers and Government are holding back out kids so this country can be left behind.

There is definitely some thing rotten going on in this Country when   Companies, the Rich, and the Government should be spensding more time with this Country, but they want to hand out Work Visas, and turn their backs on American Worker and their Education.

===========================================================

Zuckerberg launches immigration reform advocacy group

By Liz Goodwin, Yahoo! News – The Ticket
04-11-2013

Facebook founder Mark Zuckerberg is joining with top Silicon Valley CEOs to launch a political advocacy group called FWD.us that, among other things, will urge lawmakers to pass immigration reform.

Politico reports that Linkedin co-founder Reid Hoffman and Yahoo CEO Marissa Mayer are among the group’s major contributors. Former staffers in the Bill Clinton and George W. Bush administrations have joined the group as well.

Before launching FWD.us, Zuckerberg had dipped a toe into politics when he donated $100 million to the struggling school system in Newark, N.J. He also held a fundraiser for New Jersey Gov. Chris Christie, a Republican, in February.

High-profile techies have argued that the current legal immigration system does not allow them to attract and retain high-skilled immigrants from around the world. In March, executives from Facebook, Google, eBay and dozens more tech companies sent a letter to President Barack Obama urging him to add more visas for high-tech workers.

Categories: America, Democrats, Education, government, GREED, Jobs, Lives, money, Obama, people, politics, Republicans, taxes, unemployed, Unions, White House | Tags: , , , , , , , , , | Leave a comment

Put Them in Their Place, They Want It Give it To Them!

Comment By Bob L.
04-08-2013

Environmentalist, Special Interest, and Government Agencies who want Clean Air, Clean Water, and Streets Clean of Automobiles, lets give it to them, plain and simple.

Lets give them No Electricity, No Water, No Oil, No Gas, this includes Propane, Natural Gas, kerosene.

Now let’s go a little farther, can these people survive without any of these things mentioned, some will say yes, but can they, good, but one thing that will shut them down is food, do they have a place to grow their Food? do they have a Job,? not if they get what they want, they will be sitting on their thumb and NO Place to go.

If they think that the Government will help, they have another thing coming, if no one is working where is the money going to come from to help? Not even the Government Agencies will know what to do with an Empty bank, people will be in the same place that they were in 1929 to 1940.

And by giving them what they want means it will ground all Planes, cars, and Trains, so does any one have an idea on what to do if these people get what they want, one thing that will happen is that all people will have to work hand in hand no matter who you are.

People had better have a second thought before they go any farther on wanting, these people  have already wanted to much to where this Country is about to go BANKRUPT, and they will have no one to blame but themselves.

If you LIKE and agree , PASS this on.

Categories: America, Climate Change, Democrats, government, GREED, Jobs, Lives, money, Obama, people, politics, taxes, unemployed, White House, YUPPIES | Tags: , , , , , , , , | Leave a comment

Do Not Toot Your Whistle, Democrats are not Through Yet

Comments By Bob L.
03-09-2013

Just because things might look a little better, don’t get excited, Obama and his pen are not through yet.

Obama still has three and three forth (3 and 3/4) years to screw things up, just look what happen the first four years, so don’t get to excited, there are still a lot of people out of work and have no prospects of finding work.

If you remember, Obama has said hire College and Military, and where does that leave the rest who are unemployed, and they say they don’t discriminate, they do it every day to all American Citizens, just some are more privileged than others.

======================================================================

Politicians look for credit in a rising economy

By JIM KUHNHENN | Associated Press
03-09-2013

WASHINGTON (AP) — Increased hiring, lower unemployment, stock market on the rise. Who gets the credit?

It’s a hotly debated point in Washington, where political scorekeeping amounts to who gets blame and who gets praise.

Following Friday’s strong jobs report — 236,000 new jobs and unemployment dropping to a four-year low of 7.7 percent — partisans hurriedly staked out turf.

“Woot woot!” tweeted former White House economic adviser Austan Goolsbee. “With 12 million still unemployed?” countered Senate Republican leader Mitch McConnell’s spokesman, Don Stewart.

Presidents usually get the rap for economic downturns and reap benefits when things improve. But the main factors affecting the current recovery and the record activity in the stock market may have less to do with high-profile fiscal policy fights in Washington than they do in the decisions of the Federal Reserve Bank, which has pumped trillions of dollars into the economy, kept interests rates at near zero and pushed investors away from low-yield bonds to stocks.

“From a policy standpoint, this is being driven primarily by the Fed,” said Mark Vitner, an economist at Wells Fargo.

Yet to some, Washington deserves little recognition.

“Economies recover,” said Douglas Holtz-Eakin, a former director of the nonpartisan Congressional Budget Office and now head of the American Action Forum, a conservative public policy institute. He acknowledged the Fed’s monetary policies halted the initial free fall by the financial industry, but he said the economy has had to catch up to the Fed’s low interest rates.

“It took a long time for the housing market for them to matter and for the auto market for them to matter,” Holtz-Eakin said. “So I don’t think that’s a policy victory.”

If Democrats are eager to give President Barack Obama acclaim for spurring the recovery with an infusion of spending in 2009, there are just as many Republicans who will claim his health care law and his regulatory regimes slowed it.

If there is common ground among economists, it is that the next step in fiscal policy should be focused on reining in long-term spending on entitlements programs, particularly Medicare, instead of continuing debates over short-term spending. But such a grand bargain has been elusive, caught in a fight over Obama’s desire for more tax revenue and Republican opposition to more tax increases.

Obama and some Republicans are trying to move the process with phone calls and a dinner here and a luncheon there. Next week, the president plans to address Democrats and Republicans in the House and Senate in separate meetings to see, as he put it Saturday in his weekly radio and Internet address, “if we can untangle some of the gridlock.”

Who gets credit does have political consequences. A strong economy would create more space for Obama to pursue other aspects of his second-term agenda. But it’s an important question for the long term, too, because if the recovery is indeed accelerating it could validate the policies that the Obama administration and the Fed put in place.

Hiring has been boosted by high corporate profits and by strength in the housing, auto, manufacturing and construction sectors. Corporate profits are up. Still, it might be too soon to declare victory. While the recovery may be getting traction, the U.S. economy is not yet strong.

Economic growth is forecast to be a modest 2 percent this year. Unemployment, even as it drops, remains high nearly four years after the end of the Great Recession, with roughly 12 million people out of work.

Last year’s early months also showed strong job gains only to see them fade by June.

March could prove to be a more telling indicator as the economy responds to a third month of higher Social Security taxes and as across-the-board spending cuts that kicked in March 1 begin to work their way through government programs. Economists say anticipation of the cuts already caused a downturn in the fourth quarter of last year as the defense industry slowed spending. The Congressional Budget Office and some private forecasters say the coming cuts could reduce economic growth by about half a percentage point and cost about 700,000 jobs by the end of 2014.

“My view is that aggressive monetary and fiscal policy response to the recovery has been a net positive,” said Mark Zandi, chief economist at Moody’s Analytics.

But referring to the automatic cuts, he said, “Fiscal policies have turned from a very powerful tailwind to a pretty significant head wind.” And, he added, “the economy is going to be tested again in the next few months.”

Obama has been distancing himself from the potential consequences of the automatic cuts, even though he signed the legislation that put them in place. Initially, they were designed to be so onerous that it would force all sides to work out a long-term deficit-reduction and debt-stabilization package. But that agreement never materialized.

If the recovery has been slow, White House officials argue, it is because Republicans have been unwilling to yield to Obama’s demands for deficit reduction that combines tax increases and cuts in spending.

Obama himself seemed to touch on that viewpoint in his weekly address.

“At a time when our businesses are gaining a little more traction, the last thing we should do is allow Washington politics to get in the way,” he said while heralding good economic news. “You deserve better than the same political gridlock and refusal to compromise that has too often passed for serious debate over the last few years.”

Vitner, the Wells Fargo economist, argues that if anyone deserves credit for the recovery, it is the American public and American businesses “for being able to tune out all the noise that’s coming from Washington.”

“It’s remarkable,” he said, “that in the face of so much political uncertainty we’ve been able to see the growth that we have.”

Categories: America, Democrats, Education, government, Jobs, Lives, money, Obama, people, Profiling, taxes, unemployed, White House | Tags: , , , , , , , | Leave a comment

It Really Shows Where Stupid Is Not Smart

Comment By Bob L.
03-05-2013

This is what happens when you run off half cocked and pass a law without knowing what the outcome will be, JUST LIKE OUR GOVERNMENT AGENCIES, they don’t care, just as long as they get their name in the paper that they showed how stupid they are.

They don’t care how many people they put out of work just as long as they get their way and prove just how stupid they can get, instead of getting this Country back on its feet they would rather tare it down and show people that they went to College and what they have learned.

Look around you and see what college has brought to this Country, GREED and Snobs who want every one to bow to them and what they say.

================================================

Store owners say plastic bag ban causes more shoplifting

By CASEY MCNERTHNEY, SEATTLEPI.COM STAFF
Thursday, February 28, 2013

When the Seattle City Council unanimously passed a ban on plastic bags and required businesses to charge a nickel for paper bags, city leaders believed it would be better all around.

“I think we’ve gotten to a place where it’s really going to work for the environment, businesses and the community in general,” Councilman Mike O’Brien said at the time.

But the bag ban is contributing to thousands of dollars in losses for at least one Seattle grocery store, and questions have been raised about the risk of food-borne illness from reusable bags that shoppers don’t often wash.

Mike Duke, who operates the Lake City Grocery Outlet with his wife, said that since the plastic-bag ban started last July, he’s lost at least $5,000 in produce and between $3,000 and $4,000 in frozen food.

“We’ve never lost that much before,” said Duke, who found those numbers through inventories of stolen and damaged goods.

The Dukes opened the Lake City grocery store in June 2011, and Mike Duke said in the year before the plastic-bag ban losses in frozen food and produce were a small fraction of what he’s seeing now. As he explained to seattlepi.com and also the North Seattle Chamber of Commerce, the shoplifters’ patterns are difficult to detect.

They enter the store with reusable bags and can more easily conceal items they steal. The reusable bags require staff to watch much more closely, and even though the store has a loss-prevention officer and more than a dozen security cameras, it’s tough to tell what a customer has paid for and what they may already have brought with them.

According to data released in January by Seattle Public Utilities, 21.1 percent of business owners surveyed said increased shoplifting because of the plastic bag ban was a problem. Results of another survey released in January – one done by an environmental advocacy group that found the ban “popular and successful” – didn’t mention the problem of shoplifting.

Seattle’s push for reusable bags – and shoplifters who have plagued several Lake City businesses – leave the Dukes in a predicament. Asking customers to check reusable bags at the counter would be burdensome to customers and staff, and prohibiting reusable bags and backpacks likely wouldn’t work well in Seattle, which other business owners said is known for grand environmental ideas that can hinder small business efforts.

The Lake City Grocery Outlet also saw a dramatic increase in the number of hand baskets stolen after Seattle’s plastic bag ban was initiated.

Shoplifters would fill up their baskets – some with purchased items and others with stolen groceries – and walk out of the store at 3020 N.E. 127th St. Duke would see the hand baskets discarded around Lake City and said the losses from the baskets and merchandise are in the thousands of dollars.

So last fall, the store did away with the remaining hand baskets to try and curb theft. But that frustrated some customers, and hasn’t substantially stopped losses.

San Francisco was the first major U.S. city to ban plastic grocery bags in 2007. Multiple research papers have said there are negative repercussions to public health, though supporters question or discount the findings. One study released late last summer cited emergency room treatment data and said after the bag ban began there was a spike in the number of E. coli cases and an increase of deaths from foodborne illnesses.

Another paper from 2011 found E. coli in 8 percent of all reusable bags from randomly selected individuals at California and Arizona grocery stores. Washing the bags eliminated 99.9 percent of the pathogens, according to that study – though it raised questions of how often shoppers actually do.

King County hasn’t had a public or private study on bacteria in reusable grocery bags.

But “it’s not surprising that bags are going to collect germs over time,” public health spokesman James Apa said. “People need to take common sense steps to protect themselves: wash their hands and wash their bags from time to time.”

Duke started in the grocery business at age 16 and has worked for several stores, including Safeway, Albertson’s and Fred Meyer before operating the Lake City Grocery Outlet. Neighbors and staff have praised the dedicated work from Duke and his wife, Patty, and say they’re concerned for them if the neighborhood theft trend continues.

The latest rash of produce and frozen food theft comes in a neighborhood that many say is overwhelmed by problems brought by homeless and low-income people.

Both police and other business owners say transients are a huge part of the theft problem, though several Lake City business owners won’t say that on the record for fear of being labeled as anti-homeless.

Members of the North Seattle Chamber of Commerce were told that theft at the Lake City Fred Meyer was the worst of any store in the Fred Meyer chain, which has more than 50 stores in Washington and Oregon. In an e-mail Thursday afternoon, Fred Meyer Public Affairs Director Melinda Merrill said in an e-mail the location is a “high-theft rate store, but all inner-city stores are, and Lake City is not our highest.”

Asked which Fred Meyer store has the highest theft and how the Lake City Fred Meyer compares to Washington stores, Merrill did not immediately respond.

“The Chamber is not anti-homeless; Lake City is not anti homeless,” North Seattle Chamber of Commerce Executive Director Diane Haugen said. “The question is the extent to which the hosting agencies follow up with the people they’re bringing here.”

Casey McNerthney can be reached at 206-448-8220 or at caseymcnerthney@seattlepi.com. Follow Casey on Twitter at twitter.com/mcnerthney.

Categories: America, Democrats, government, GREED, Jobs, money, Obama, people, politics, Republicans, Safety, White House, YUPPIES | Tags: , , , , , , , , , | Leave a comment

Unfair Tax Breaks That Should Be Eliminated

Comment By Bob L.
12-20-2012

thumbnail 8The fiscal cliff is coming and Obama and the Democrats won’t pass any bill that closes any of these unfair Tax Loopholes, this is why they don’t want to see this on their Desk, could this be why they are fighting this so hard to stop this from happening, because if it does that means that they will lose their tax loop holes (or gravy train) that the average tax payer can not claim, and are the ones left holding the bag on what the rich get back.

This is what some Republicans like Mitt Romney wanted to eliminate were these tax loopholes, but Obama and the Democrats along with the News Media could not let this happen, if they did then they would have to start paying the same taxes that all Americans have to pay.

Now if the Republicans can not close all these loopholes on the rich then, the tax burden will be back on the average working American who is not allowed these deductions, so now who do you think wants to see the United States go off the cliff, the people who have a lot to lose in money.

Obama Administration Tax Cheats Bilk IRS
Federally Employed Income Tax Cheats Just the Tip of the Iceberg
The Obama Tax Cheats
Obama’s Tax Hypocrisy
General Electric Paid No Federal Taxes in 2010

Obama talks about closing all these Tax loopholes but as long as it does not close them all.

================================================================================================

5 Unfair Tax Breaks That Should Be Eliminated

By Kay Bell | Bankrate.com
12-19-2012

The debate began during the presidential campaign and has extended into the “fiscal cliff” tax discussions: What tax breaks, both individual and corporate, can — or should — be changed or eliminated?

The question arises because there are many tax deductions that appear to provide disproportionate tax benefits to a select few. It’s also an issue because of the cost of the tax breaks.

Here are five tax breaks that fall into those categories.

Capital gains tax rate

The current 15 percent capital gains tax rate for most investors and zero percent rate for lower income taxpayers are part of the much ballyhooed George W. Bush-era tax cuts. The idea behind the lower capital gains tax is that it encourages investment, which helps create new companies that hire more people — and we’re all fat and happy thanks to this tax-subsidized investment chain. Think again.

This tax break is estimated by the Joint Committee on Taxation to cost the U.S. Treasury nearly $457 billion between 2011 and 2015.

And it’s a huge reason why the wealthy, such as financier Warren Buffett, are able to pay substantially lower overall tax rates. Buffett’s oft-repeated confession that his tax rate is lower than his secretary’s sparked the latest political debate on the fairness of low tax rates on investment profits.

Ordinary taxpayers pay tax on their earnings at ordinary income tax rates up to 35 percent. The really rich, however, are different from you and me in that they tend to make most of their money via investments instead of standard paychecks — meaning most of their money is taxed at 15 percent.

But what about the wonderful zero tax rate for investors in the 10 percent and 15 percent income tax brackets? Really? Most folks at those tax levels don’t have a lot, if any, cash left over to invest after paying their bills. But by giving them the option, members of Congress felt better about voting for a tax break that benefits primarily the rich.

Home mortgage interest deduction

If you’ve ever bought a house, one of the first things your real estate agent and mortgage broker probably pointed out was that you get to deduct your home loan’s mortgage interest on your taxes.

What they didn’t tell you was that your deduction is underwritten by the vast majority of homeowners who don’t get this tax break.

The home mortgage interest deduction is the largest individual taxpayer cost to the U.S. Treasury. Uncle Sam will lose an estimated $464 billion between 2011 and 2015. And that amount is racked up by just the third of American taxpayers who itemize.

Even worse, say economists, the tax deduction probably isn’t necessary. Most other industrialized nations worldwide don’t offer their residents a tax break for buying a house, yet those folks buy homes. And the reality is that no one ever bought, or didn’t buy, a house based on the tax law.

What the home mortgage interest deduction really does, say economists, is encourage more financially well-off individuals to buy bigger houses. The July 2011 Reason Foundation study, “Unmasking the Mortgage Interest Deduction,” found that the annual average tax saving of the mortgage deduction for a taxpayer making $50,000 to $75,000 was $179, and that only about one-third in this group claim the deduction. At the upper income level, however, homeowners with incomes exceeding $200,000 get an annual tax benefit of more than $2,200, and almost three-quarters claim the deduction.

The mortgage interest deduction benefits also are geographically disproportionate. Just as high-income taxpayers get more out of it, so do metropolitan areas with high incomes, taxes and housing prices. That historically has tended to be locales in California and the Northeast.

So the next time you visit your cousin at his new house in New Jersey, make sure he thanks you for your help with his purchase.

Second-home mortgage interest deduction

Not to keep picking on homeowners, but there’s yet another residential deduction that needs to go: the deduction for interest on a vacation home loan.

Yes, some owners of second homes are far from wealthy. But those who own a ski chalet in Aspen, Colo., an ocean-view getaway along Miami’s South Beach or a pied-a-terre in New York City in which to rest after a late Broadway opening night usually are rich. And they get to write off the interest on those expensive second homes as an itemized deduction, for mortgage debt as high as $1 million.

Even more amazing, owners of luxury yachts can deduct mortgage interest on loans they took out to buy their mini-Queen Marys. That’s right: The Internal Revenue Code says a boat can be considered a home as long as it has sleeping quarters, a kitchen and a toilet.

The home designation rules also mean that recreational vehicles could qualify as residences, providing owners of those luxury buses an added tax deduction, too.

Sure, some people do live in straightforward houseboats. And because the deduction applies to all types of second-home options, supporters of the tax break argue that it’s fair.

But the tax code would be even fairer if the vast majority of single homeowners didn’t have to subsidize any second homes.

Carried interest special tax treatment

Remember the controversy over the low tax rates that Republican ex-presidential candidate and former Massachusetts Gov. Mitt Romney paid? Part of the reason was because of his capital gains on investments.

But Romney also got some pay for his work at Bain Capital. And a tax loophole allows that compensation to be taxed at a lower rate.

Managers of most private equity funds get a percentage of the net gains as a management fee. This payment is known as carried interest, and here’s the beautiful part for the fund manager: Carried interest is not taxed like the regular interest most taxpayers get on regular savings accounts. It’s taxed as a capital gain.

That means while regular interest received by most taxpayers on their savings accounts is taxed at rates that could go up to 35 percent, folks who get carried interest payments owe a current top rate of 15 percent on that special interest.

A Bloomberg Global Poll in January found that two-thirds of poll respondents worldwide said the carried interest tax break isn’t justified. That’s consistent with the poll’s finding on the topic in the United States, where 67 percent said the lower tax rate isn’t fair.

A bill was introduced in Congress to change the tax treatment of equity fund managers’ earnings. Not surprisingly, it went nowhere.

Tax break for offshoring U.S. jobs

Businesses also get their fair share of tax breaks and tax loopholes. The ability to save on corporate taxes by shipping operations overseas is one of the most vilified corporate tax breaks.

U.S. businesses get a tax deduction for the costs they incur in relocating their domestic operations to a foreign location. True, it’s not a special tax break for moving, say, a factory and its 600 jobs from St. Louis to Singapore. If the company had moved from St. Louis to Indianapolis, the business would get the same tax deduction. And, says the Tax Foundation, jobs are at least three times more likely to be relocated from one state to another than overseas.

Still, when U.S. unemployment is high, a tax break that rewards the elimination of more U.S. jobs seems like a really bad idea.

Will these and other individual and corporate tax loopholes, deductions or, as the federal government calls them, tax expenditures, be eliminated or even tweaked a bit? It’s not likely. All are quite popular among the groups that receive tax savings from them. And they are the same folks who tend to contribute generously to political campaigns.

But anything can happen on the way to the “fiscal cliff.”

More From Bankrate.com

Categories: America, Corruption, Democrats, government, GREED, money, Obama, people, politics, taxes, White House | Tags: , , , , , , , | Leave a comment

‘Fiscal cliff’ fight heads to family home NOT DC

Comment By Bob L.
12-06-2012

Obama still up to his old tricks, instead of planting his ass in DC where it belongs, he is out blaming every one else why nothing is being done, if he was a U.S President who was Elected to protect the Constitution and All legal American Citizens and not foreign Country’s, that where he spent most of his first term in office.

Now that he was reelected we can see the same thing starting again, but he going around America trying to keep the people on his side so they think that it is the Republicans are the problem while Obama and the Democrats do nothing, Harry Reid has already said that he will reject any thing that the Republicans send to them, and Obama has also said that he will veto any thing they send to him, just another FOUR YEARS of the same as the last four years.

Now in office Obama is going to start pushing for his Cap & Trade and tax services people need and use, and Global Warming, so with that said, Obama and the Democrats (just like Obamacare) will not approve any thing unless they give him what he wants.

=========================================================================================================

Obama takes tax-hike talk to Tiffany (no, not that one)

By Olivier Knox, Yahoo! News | The Ticket
12-06-2012

President Barack Obama took his call for tax hikes on the richest Americans to Tiffany on Thursday—not the fabled jewelry store, but a high school English teacher and her middle-class family living in the Washington, D.C., suburbs.

Obama took his motorcade to Falls Church, Va., to sit down with Tiffany Santana and her husband, Richard, who works at an area Toyota dealership. Also present were Tiffany’s parents: Velma Massenburg, a child care provider, and Jimmie Massenburg, a postal worker.

At the kitchen table in the ground-floor apartment the Santanas share with their 6-year-old son, Noah, the president sounded his familiar clarion call to extend Bush-era tax cuts that chiefly benefit the middle class while raising rates on higher incomes. Obama has warned he will not sign legislation that does not raise rates on the richest Americans—a step Republicans have thus far rejected.

“It’s very important that we get this done now, that we don’t wait,” Obama said to the Santanas. “We’re in the midst of the Christmas season; I think the American people are counting on this getting solved. The closer it gets to the brink, the more stressed they’re going to be.

“They’re keeping it together, they’re working hard, they’re meeting their responsibilities,” Obama continued. “For them to be burdened unnecessarily because Democrats and Republicans aren’t coming together to solve this problem gives you a sense of the costs involved in very personal terms.”Failure to reach a deal would send the country over the so-called fiscal cliff, a package of tax hikes and deep spending cuts that threaten to plunge the economy into a new recession. The White House estimates that a typical middle-class family might pay $2,200 more to Uncle Sam.

“That translates into $200 billion of less consumer spending next year” overall, the president said. “And that’s bad for businesses large and small. It’s bad for our economy. It means less folks are being hired, and we can be back in a downward spiral instead of the kind of virtuous cycle that we want to see.”

The White House picked Santana from the thousands of families that have shared on its website what the fiscal cliff would mean for them—and released a video showing the family discussing the potential impact. (Details are courtesy of pool reporter Allison Sherry of the Denver Post’s Washington Bureau.)

“The message that I think we all want to send to members of Congress is this is a solvable problem,” Obama said.

Locked in seemingly stalled negotiations with Republicans opposed to the tax hike, the president has been waging an aggressive PR war to keep the public on his side in the dispute. In addition to his brief foray into Falls Church, the president will sit down for an interview with People magazine just days after doing one with Bloomberg TV. And the White House has been active online as well, emailing supporters to keep them engaged after the hard-fought 2012 presidential campaign and promoting a Twitter hashtag, #My2K, for users to weigh in.

Obama wants to let Bush-era tax cuts expire for individuals making more than $200,000 and families pulling in more than $250,000. He argues that the alternative is cuts to programs that the White House regards as fostering economic growth—things like college loan programs and infrastructure investments. Republicans have refused to let income tax rates on the wealthiest rise back to Clinton-era levels, warning that this will hurt some small businesses and take investment cash out of the economy.

 

Categories: America, Cap & Tax, Climate Change, Corruption, Democrats, GREED, Jobs, Lives, money, Obama, people, politics, Republicans, Safety, unemployed, White House | Tags: , , , , , , , , | Leave a comment

A Dictator President and Democratic Party, are they Really U.S Citizens

Comment By Bob L.
12-05-2012

Obama will risk going over ‘cliff’ to get what he wants, he has done this since day one of his Presidency, because had two years to get what he wanted, but he spent that time blaming the Republicans for all the problems in this Country and when he voted for a lot of the problems we see today before he became President.
Obama: No deal on ‘fiscal cliff’ without higher tax rates for the wealthy (newsday.com)

All the people who believe that Obama is doing a good job, is this how you protect this Country from becoming a third world nation which Obama is steering this Country, then you are really sick.

Today people are so brain washed by listening to other people who don’t know what is going on because they are lazy and don’t care about this Country like minorities who can not think for them selves, and minorities are not one race, they are all races who are lazy and don’t want change so they can sit back and let some one else feed them and give them money, and not earn it (as Obama says spread the wealth for the lazy), so they can sit back and talk about how having to work is offensive. 

And talking about OFFENSIVE you now have groups in this Country using it to change and destroy our CONSTITUTION and our Freedom and using the courts to get their way.

House Democrats continue to tag Republicans as ‘hostage takers’

==========================================================================================

Obama may let U.S. Go over cliff on purpose

Analysis: Obama could risk going over ‘cliff’
By JULIE PACE | Associated Press
12-05-2012

WASHINGTON (AP) — It may be just a bluff or a bargaining ploy, but the White House is signaling that President Barack Obama is willing to let the country go over the “fiscal cliff,” a hard-line negotiating strategy aimed at winning concessions from Republicans on taxes.

If Washington really does fail to avert the looming series of tax hikes and spending cuts, the White House will portray Republicans as the culprits for insisting on protecting tax cuts for the wealthy, an effort the administration is laying the groundwork for now.

“This is a choice of the Republican Party,” said Dan Pfeiffer, White House communications director. “If they are willing to do higher rates on the wealthy, there’s a lot we can talk about. And if they are not, then they’ll push us over the cliff.”

But going over the cliff also would be full of risk for a president fresh off re-election and facing at least two more years of divided government.

Ending the year without a deal could roil financial markets and dent consumer confidence just as the economy is strengthening. It could make it harder for Obama to get Republican help on his second-term priorities like overhauling the immigration system and the nation’s tax code, or in getting potential Cabinet replacements confirmed.

And it would signal to the country that the president’s campaign prediction that the GOP “fever” would break following his re-election was a pipe dream.

House Speaker John Boehner says Obama is playing a risky game. “If the president really wants to avoid sending the economy over the fiscal cliff, he has done nothing to demonstrate it,” the speaker said.

White House advisers say the president wants to avoid going into next year without a tax and spending deal, a scenario they say would hurt the economy. But with few signs of progress in postelection negotiations with Republicans, administration officials are hardening their warning that Obama will take that risk if the GOP refuses to drop its opposition to raising tax rates on families making more than $250,000 a year.

Of course, the White House warning could be a bluff, offered in the belief that Republicans are unlikely to back down on taxes unless they believe Obama is willing to go over the cliff.

The White House says Obama’s firm stand on tax rate increases for the wealthiest 2 percent of Americans is driven by economics. The debt-saddled country can’t afford to continue with the George W. Bush-era tax cuts, the president and his advisers argue.

Obama has made that case to Republicans before only to back down in the final stages of negotiations. But this time around, the president and his team believe they hold the political leverage.

There is some evidence to bolster that notion. Taxes were a centerpiece of the presidential campaign, with Obama running on a pledge to end the Bush tax cuts for the wealthiest Americans and return their rates to where they were in the 1990s, when the economy was thriving.

Exit polls showed that 60 percent of voters supported that position, an even higher percentage than backed Obama’s re-election.

A new poll also suggests a majority of Americans would blame Republicans if the government goes over the fiscal cliff. Just 27 percent of those surveyed said they would blame Obama, compared with 53 percent who said they would point the finger at the GOP, according to the Washington Post-Pew Research Center Poll.

Seeking to cement those impressions, the White House is casting Republicans as willing to forgo tax cuts for the middle class in order to protect lower rates for wealthier Americans. Rates for all income earners will go up at the end of the year if both sides can’t reach a deal.

In turn, Republicans say Obama is acting like a stubborn partisan who will put the economy in peril in order to get his way.

“My sense is the White House wants to go over the cliff,” said Tony Fratto, a former Treasury and White House official under President George W. Bush. “That may be the only way they get rates they want.”

Going over the cliff could mark a new low in the relationship between the president and congressional Republicans. While the contentious debates earlier in Obama’s first term over funding the government and raising the nation’s borrowing limit went right up to the edge, both sides were always able to reach a deal.

As Obama ran for re-election, he sought to assure voters weary of Washington’s bickering that things would be better if he won a second term.

Speaking to supporters in June, he said, “I believe that if we’re successful in this election — when we’re successful in this election — that the fever may break.”

“My hope, my expectation, is that after the election, now that it turns out that the goal of beating Obama doesn’t make much sense because I’m not running again, that we can start getting some cooperation again,” he added optimistically.

Categories: America, Democrats, Lives, Obama, people, politics, Profiling, taxes, White House | Tags: , , , , , , | Leave a comment

Could this be true

Comment By Bob L.
12-01-2012

I was just watching a program that made the comment that People that don’t have, give more of their time than people who have.

People who have, could care less, the only person that they care about is themselves, this article is a good example of it, the same thing as these people who are pushing for global warming carbon tax, by taxing these companies these people pushing for it will raise taxes on every one while thy profit from it, and this is why they don’t want to lose their advantage to write of their capital gains and would rather go for a tax increase.

But this is true to the bad economy today, more money goes to Top Executives in many ways, and that is why Companies go under every year, it is not the worker it is Government Regulations,  Top Executives, and Board of Directors who are in to protecting rich stock holders than the business.  Hostess seeks sweet bonus deal for top executives (nbcnews.com) Hostess Asks Judge To Approve Executive Bonuses (newyork.cbslocal.com) this shows who is protected when it comes to pay.

And this comes with what Obama is telling Americans, he is spreading the wealth, but what he failed to say, it is coming out of the Middle and Poor class workers pockets.

=================================================================================

Bankrupt Hostess to Give Execs Bonuses

By ANTHONY CASTELLANO | Good Morning America
Fri, Nov 30, 2012

A federal bankruptcy judge has approved bonuses for executives of Hostess, the maker of Twinkies, who stay on as the company is broken up and sold off.

On Thursday, as part of a plan to liquidate the company and lay off 18,000 workers, a federal judge in White Plains, N.Y., approved paying 19 Hostess executives bonuses totaling $1.8 million. Hostess has said it has interest from at least 110 firms who want to buy pieces of the operation.

The decision comes as the company, known for its iconic snack cakes like Ho Hos and Ding Dongs, says it doesn’t have enough cash on hand to pay retirement benefits to some former employees.

The bonuses do not include pay for CEO Gregory Rayburn, who was brought on as a restructuring expert earlier this year, according to The Associated Press. Rayburn is being paid $125,000 a month.

Former employees are outraged over the bonuses handed out to high ups.

“Anybody’s got a reason to be upset who lost their job if there handing out large amounts of money,” Paul Carroll told ABC News.

In a statement overnight, Hostess said the bonuses are designed to keep top brass from leaving before winding down what’s left of the company “quickly and cost-effectively.”

“I was qualified to draw my pension, with no notice I lost about 70 or 75 percent of it I didn’t work 34 years to lose it,” Carroll said.

Hostess was given interim approval for its wind-down last week, which gave the company the legal protection to immediately fire 15,000 union workers. Hostess said last week it will retain about 3,200 employees “to assist with the initial phase of the wind-down,” which is expected to last about a year.

The company began facing troubles a few years ago as pension costs rose and health-conscious consumers stopped buying products.

A contentious battle began with Hostess asking its workers to take a smaller paycheck to keep the company open for business.

The bakers union went on strike Nov. 9, when the company imposed a contract that would cut workers’ wages by 8 percent. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) said the contract would also cut benefits by 27 to 32 percent.

Hostess, which is privately owned by investment firms, has struggled in recent years with two bankruptcy filings. The company said it “has done everything in its power to pursue a reorganization of its business as a going concern, including spending the better part of 18 months negotiating with its key constituents to obtain a consensual agreement.”

With Hostess out of business that means the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores throughout the United States, the company said.

ABC News’ Jeanette Torres and Susana Kim contributed to this report.

 

 

Categories: America, Climate Change, Corruption, Democrats, GREED, money, Obama, people, politics, Profilling Rich From Poor, taxes, unemployed, White House | Tags: , , , , , , , | Leave a comment

Winners And Losers – ZERO

Comment By Bob L.
10-23-2012

Winners, Losers, and Peace, ZERO, you will never see it in the life of the world, as long as the world exist, you will never see any of it, you will have to destroy every living thing to get it.

No President, King, Queen, or Dictator will never see Peace, because Greed and Jealousy will Prevail over clear thinking, this is where people think that they can change Religion of people and how they worship from what they have known since Birth, people who have their nose in some one Else’s lives don’t want some one telling them what to do OR how to Practice theirs Religion (keep your nose out of other people’s lives, people who live in glass houses should not throw stones).

Look at Society today, they not happy with the way the Country is today, so they want to push their Beliefs on every one and have special protections so no one can complain about what they are doing, here are a few examples, Atheists wanting Religious land marks torn down that have been there for years, Same Sex Marriage, why now is this so important, or is it just for publicity because people say NO, they all talk about being Offensive to them, but don’t care how offensive to others, to me seeing TWO MEN or WOMEN out in Public playing with each other and KISSING is Offensive, they don’t care if it is Offensive to others, it is nothing but Fetish Sex,

Greed and Jealousy are the same thing, just used in different ways, Obama showed just how much greed is in this Country since this Country has come out with saying who is going to have a job and who is not, but the problem is, Where is all this money going to come from if no one is working, sure it is nice to collect money and do nothing for it, this will bring on a Great Depression of Grand Style that you will never see again because it will never end.

Greed has helped a lot of jobs to disappear, (you have to add Jealousy in there too) don’t just put the blame it on the working class, it starts at the TOP and works its way down, WHAT, YES, the TOP Starts giving them selves more money as the Company’s profits go up, then they say their earning are down so they have to cut work force, so they can pay their stock holder, this is not what I learned in school about what the Stock market was used for, it was not to give out a steady pay check (greed again), it was to help Companies Operate, it was not a 100% guarantee of a return, that is why you have a JOB, that job is what produces a return, but if you don’t produce a product to buy, then a Company can not Generate money to operate (this is where a good return comes in).

Today Corporations are paying out so much money at the top, they will never provide jobs for people over time. Look how many jobs have been lost to computer that will never produce enough jobs to keep them operating, what does it take to work on these computers, ONE person to keep 30 or more Computers up and running, how many people lost their jobs because of these computers? How many recalls of products do to lack of workers to do a good job because faster production ? (instead of slowing down to make it a better product and putting people in to see it done right and safely)

 

 

Categories: America, Democrats, Education, GREED, Jobs, Lives, Obama, people, politics, Safety, unemployed, White House | Tags: , , , , , , , , | Leave a comment

Washington State, United States All The Same Corrupt

Comment For Corrupt Government
By Bob L.
10-04-2012

You Do What I Say

Washington State, United States What is the Differences, a corrupt Government is just that, they don’t let you vote on any thing they want, they tell you what you are going to do on a daily time schedule, and how much you are going to pay them to tell you to go jump in a lake, and the people have no one to blame but themselves, they let them get away with it.

Good example, late 50’s Daylight Screwing time VOTED DOWN they wanted it, it PASSED, Some where in time, Gambling PASSED, They did not want it, DENIED, and today time goes on Same Sex Marriage, People Said NO, Governor PASSED it, now back up for a vote, same thing all over the United States, State by State same thing, NO VOTERS SAY, COURTS BACK the Government and the MINORITY (voters), NOT the MAJORITY of voters.

Obamacare was it ever put up to the voters to have a say YES or NO, it was shoved down our throats, we were told it had to passed  to see what was in it, and to this day we still do not know about the full effect of this Health Care but what they want us know, WHY is this so CLASSIFIED that the American people are not allowed to see the full plan before it goes any farther.

I Don’t Care What You Voted FOR

Washington State just like any other but this is WASHINGTON STATE, (Washington residents voted twice, in 1999 and again in 2002, to keep the price the same for license tabs.) what happen, Corrupt Government, For the Gov. By the Gov. of the Gov., American Citizens today Do not have a say in their Country ANY MORE, it is controlled by Government, Lobbyist, Environmentalist, Illegals, or Special Interest, and if you are not a member of one or all of these groups then you have no say in this Country.

Washington State gave Cities and Counties Permission to charge a Tax, a Fee and what ever else that they covered up to take away from the people who can least afford it, but as long as the people who have guaranteed public JOBS, even after they retire could care less what the poor do, it is what the rich call you poor people who destroy this country, But watch after they sneak all this by, they will add more Taxes and Fees on top of it.

But in the final end it is the College Educated that are bringing this Country down, because the reason is they rake profits from these Companies and Government and not putting them back in to make them more profitable and lower prices or Taxes, but no they blame it on the working person for wanting higher wages, why the high prices and no profits, they talk about the lazy who don’t want to work, it is them that have put people in that position, and the way I see it College Diplomas are nothing but an excuse to be lazy and a coward to fight for this country, where do they hide when they need military personal, College or flee the Country, that is being LAZY and a COWARD, or is that a Trader. (For the ones who run and hide in College or another Country)

Categories: America, Corruption, Democrats, government, GREED, Jobs, Lives, money, Obama, people, politics, Republicans | Tags: , , , , , , , , , | Leave a comment

Blog at WordPress.com.