The White House will turn a heated tent on its frigid South Lawn into a Monet-inspired gala fit for a French president on Tuesday, the highlight of a two-day state visit to Washington by Francois Hollande.
President Barack Obama invited Hollande for the state visit to highlight the long relationship between the two countries. The two leaders have worked together on responding to Iran’s nuclear program, Syria’s civil war and insurgent attacks in Mali. (continue reading)
David Simon, a former police beat reporter in Baltimore, MD and creator of the popular television series, “The Wire” implies that Libertarians in America are “greedy” and decries Libertarianism as a “juvenile” idea that he “just can’t get past….”
David Simon pontificates about “Libertarianism” with deliberate misdirection and disparaging ad hominems, yet still expects to be taken seriously by anyone with the ability to think critically.
Clearly upset that Fabian ideology is not taking root in the 20-somethings community, while the Libertarian movement is growing as an identified political affiliation in the cohort, he gave a speech in Australia in November, 2013 at the “Dangerous Ideas” conference declaring “Libertarianism in my country is now being taken seriously as an intelligent mode of political thought… it’s astonishing to me… ” (around the 8:00 – 10:00 mark) and then goes on a screed to deliberately disparage and attempt to dismiss the Libertarian school of thought – including the assertion that Libertarians are “anti-government” (as Moyers chuckles along in agreement…) Fraidy cat!
2.5 Million Full Time Equivalent Jobs = 100 million hours of productivity removed from the economy.
EVERY WEEK.
As a consequence, @ $15/hr, that’s a $1.5 billion removal of positive production value from the economy and replaced with $1.5 billion dependency entitlement under the guise of a subsidy. EVERY WEEK.
In very direct essence – This shifts $1.5 billion in additional taxation to the remaining productive class every week. Or $78,000,000,000.00 ($78 Billion) per year.
WASHINGTON (Reuters) – President Barack Obama’s healthcare law will reduce American workforce participation by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office said on Tuesday in a report that could fuel Republican efforts to paint the law as a job killer.
In its latest U.S. fiscal outlook, the nonpartisan CBO said the health law would prompt some lower-income workers to limit their hours to avoid losing federal subsidies that are available under the law to help pay for health insurance.
The CBO said the biggest impact on work hours from the health law would begin in 2017 because major provisions of the law will be well under way by then. The CBO said there would be smaller declines in work hours that would occur before then.
Work hours would be reduced by the equivalent of 2.5 million jobs in 2024, the agency said. (more…)
Behind the scenes, groundwork has been laid for a federal government confiscation of your tax-deferred retirement accounts such as IRAs. They’ve been quietly working it through backroom committees since 2007. You see, Uncle Sam has a spending habit….and he’s got it bad. Now, he sees Americans with $19.4 trillion in retirement savings, and he’s generously offering to help them manage it. What could possibly go wrong?
President Barack Obama works at his desk in the Oval Office of the White House in Washington, Monday, Jan. 27, 2014, ahead of Tuesday night’s State of the Union speech. An office sometimes can create a certain sense of stress which may lead you to finding ways of distraction, one of these could be massage chair recommendations where you can find ways of getting away from stress.(AP Photo/Jacquelyn Martin)
Ever since Obama took office rumors have been running rampant about the possible seizure of people’s IRA funds…or plainly stated, the government generously helping to manage your retirement savings. Wait no longer. Buried towards the end of the following AP report is the following:
… Obama will also announce executive actions on job training, boosting employment opportunities for the long-term unemployed and expanding retirement savings for low- and middle-income Americans.
The retirement savings proposal is geared toward workers whose employers don’t currently offer such plans. The program would allow first-time savers to start building up savings in Treasury bonds that eventually could be converted into traditional IRAs, according to two people who have discussed the proposal with the administration.
Although this isn’t yet the mandatory IRA, it’s certainly a step in that direction. Remember what they did in Poland? Don’t worry…I’m sure the government is just trying to protect your retirement account from terrorists.
Following dramatic failures of the last two singles, “Share The Wealth” and “Income Inequality”, President Lip-Sync announces the catchy new single which has been typed into the teleprompter:
“Ladders of Opportunity”
Whether anyone buys it is yet to be determined – however, the media critics who have heard early snippets say: ‘it’s general sound is a remix heavy on the drum-beat’.
WASHINGTON (AP) — Income inequality is out, “ladders of opportunity” is in.
Eager to dispel claims that President Barack Obama is engaging in “class warfare” as he heads into his State of the Union address next week, the White House is de-emphasizing phrases focusing on economic disparity and turning instead to messages about creating paths of opportunity for the poor and middle class. (more…)
President Obama has been in office since January of 2009. It’s now January of 2014 and Dear Leader’s cohorts are still blaming George Bush….
Honest question: In the immediate months after 9/11/2001 the U.S. economy contracted and tanked steeper and faster than any single 3-6 month period in the history of economic measures. George Bush responded IMEDIATELY and forcefully with tax credits, tax refunds (checks mailed within 30 days) and a nationally delivered speech, the infamous “buy stuff” speech. It worked. If the same thing happened during this administration do you think they would be able to handle ?
I strongly doubt it….. they don’t have solutions – their expertise is limited to talking about problems, they have ZERO solutions.
(Via WFB) – White House adviser Dan Pfeiffer returned to a familiar Democratic talking point on Fox News Sunday, blaming the financial crisis “this president inherited” for the laundry list of Obama economic woes pointed out by host Chris Wallace.
After showing a graphic revealing median household income had decreased, poverty rate was up and the labor force participation rate was at a 36-year low during the Obama presidency, Pfeiffer implicitly blamed the Bush administration. (more…)
Democrats are hemorhaging over Obamacare and the destruction of the US health care system. One-sixth of the economy is affected and millions of Americans were repeatedly lied to by Democrats in order to get the law passed. So what do Republican leaders plan to do this year? Pass amnesty.
On its face it does seem ridiculous. However, there really is a good reason for The Republican Party to approach it. Notice it’s the “Republican Party Leadership” doing this push -meaning, John Boehner and Mitch McConnell- not the rank and file.
“There is definitely a growing mood of confusion and aggravation among conservatives in the House over the immigration issue right now,” one House GOP aide said in an email to Breitbart News, adding that many on the right find the “political logic” of riling up the party’s base so close to a low-turnout midterm election baffling. “Do we really want to just give up the midterms like this?” the aide asked. (via Breitbart link)
NEW JERSEY – According to a new study by Dr. Sarah Arnett of the Government Accountability Office that measures the fiscal health of the fifty states in four categories, New Jersey ranks dead last in both annual budget and long-term solvency. The state’s poor performance in all four categories earned it the worst ranking of all fifty states in overall fiscal health.
Arnett’s report examines the health of each state according to four solvency categories: cash solvency, budget solvency, long-run solvency, and service-level solvency. (See definitions below.) (more…)
Suckers! The reparations wealth transfer from the hard working white middle class to the well connected race hustling class continues. We don’ have to prove nothin’ ….Whatcha gonna do about it .. just Holder saying it’s so MAKES it so … Hope! Change!
$1B coerced from “racist” lenders ….. and we’ve “Only Just Begun” …..
From Investor’s Business Daily:
“…..So “victims” were never actually identified. That’s why the complaint has to estimate that Ally discriminated against “approximately” 100,000 African-American borrowers.
More shocking, civil-rights prosecutors never actually checked the creditworthiness of those borrowers. That’s right, they never looked at credit scores, down payments, debt or other key risk-related factors banks consider to set interest rates. Not for blacks, or for supposedly “similarly situated” whites.
So how in the world can Justice claim “Ally’s specific policy and practice are not justified by a legitimate business need?”
It really can’t. That’s why it relies on statistics to “prove” such policies had a “disparate impact” on minorities, while arbitrarily finding those disparities so “significant” they can’t be explained by chance.
Arbitrary, because neither Justice nor CFPB will reveal its threshold for “significant,” despite repeated bipartisan requests from Congress.
The Credit Rating service Fitch notes that it may be more than just a desire to extort from the banks which lend in the auto market:
Fitch also notes that CFPB does not have jurisdiction over auto dealers and their practices. Actions taken against lenders could be an indirect way to regulate dealers.
A look through the CFPB “Advisory Groups” listings will show a “who’s-who” of Progressives with tentacles to well known fraud front groups, such as ACORN.
The official news release for the latest shakedown , er, “settlement” states it will consist of several parts: (more…)
