Friday, May 18, 2012
Congressional Republicans are back up to their old shenanigans on ObamaCare. Politico reveals that Republicans would try to replicate popular parts of Obama’s health care law if the Supreme Court overturns the law this summer.
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Tuesday, May 15, 2012
Source: ABC News
The Food and Drug Administration has warned doctors to watch for fractures of the upper thigh bone in patients taking several popular drugs designed to prevent hip fractures and fight osteoprothesis. The FDA warns that Fosamax and Boniva in particular, if taken unnecessarily or for too long, may actually be causing the bone fractures they are prescribed to prevent. Watch ABC News video.
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Thursday, May 17, 2012
Exit Not An Option In Chuck Schumer's America. New York Senator Chuck Schumer has introduced the Fugitive Taxpayer Act of 2012 to re-impose taxes on expatriates after they flee the United States and take up residence in a foreign country. Proposal also would impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship and would bar such individuals from ever reentering the United States again.
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Wednesday, May 16, 2012
Whether President Obama gets his second term or Romney enters the Oval Office, there’s a third candidate no one’s paying much attention to, and that candidate is guaranteed to be the one clear winner of election 2012: the U.S. military and our ever-surging national security state.
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Friday, May 11, 2012
According to the New York Federal Reserve, two million US seniors age 60 and over have student loan debt, on which they owe a collective $36.5 billion; and 11.2 percent of this debt is in default. 4.2 percent of all student loan debt is held by people over the age of 60, and that share grows with each passing year.
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Tuesday, May 15, 2012
Across the U.S. economy, anxiety is rising about the potential for widespread disruptions after the November election, when a lame-duck Congress will have barely two months to resolve a grinding standoff over taxes and spending.
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Thursday, May 10, 2012
Two-thirds of Republicans and nine in 10 Democrats polled support making immediate cuts to the military across the board -- a position at odds with the leaderships of both political parties.
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Monday, May 7, 2012
Video revealing the circumstances of how a mentally ill homeless man in Fullerton, Calif. died last July was finally published Monday, revealing a stunningly brutal police assault that left Kelly Thomas bleeding, broken and near death.
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Monday, May 7, 2012
The number of people with jobs declined for the second month in a row, falling by 169,000 in April after easing by 31,000 in March. This means that there were 200,000 fewer Americans with jobs in April than there were in February. Additionally, the percentage of working-age adults who either have jobs or are looking for work, fell to 63.6%, which is the lowest level since December 1981.
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Tuesday, April 24, 2012
In November 2010, a police lieutenant from Parma, Ohio, asked Vanguard Defense Industries if the Texas-based drone manufacturer could mount a “grenade launcher and/or 12-gauge shotgun” on its ShadowHawk drone for U.S. law enforcement agencies. The answer was yes.
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Tuesday, May 1, 2012
A gang attack on two people stopped at a red light in Norfolk, VA has not, until today, appeared in the local newspaper. Local police refuse to follow up on the attack. The responding officer coded the incident as a "simple assault," despite the victims' and witness's assertions that at least 30 people had participated in the attack. A reporter making routine checks of police reports would see "simple assault" and, if the names were unfamiliar, would be unlikely to write about it. In this case, editors hesitated to assign a story about their own employees. Would it seem like the paper treated its employees differently from other crime victims? Something is rotten in Mr. Jefferson's State.
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Friday, April 27, 2012
The weakest recovery on record continued in 2012's first quarter, with the Commerce Department's Friday report of 2.2% growth. That's down from 3% at the end of last year, but closer to the 1.7% for all of 2011. It's enough to give the word recovery a bad name.
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Friday, April 27, 2012
House Democratic Leader Nancy Pelosi is buckling on Social Security. During a recent press conference, and again during an interview with Charlie Rose, the California Congresswoman said that she would support what's known as the Simpson-Bowles plan, a budget proposal that was created by the co-chairs of a fiscal commission set up by President Obama, which provides for deep cuts to Social Security in exchange for tax increases.
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Monday, April 23, 2012
The Social Security Trustees report that the long-run actuarial deficit of Social Security worsened in 2012 primarily due to continued and projected poor performance of the U.S. economy. The projected Social Security deficit increased largely because of the incorporation of updated economic data and assumptions. The most significant factor is lower average real earnings levels projected over the next 75 years than were projected last year, principally due to: 1) a surge in energy prices in 2011 that lowered real earnings in 2011 and is expected to be sustained into the future, and 2) slower assumed growth in average hours worked per week after the economy has recovered.
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Thursday, April 19, 2012
No Western general will admit that the war in Afghanistan is lost, even though their denial means that more of their soldiers must die pointlessly. "It's like I see in slow motion men dying for nothing and I can't stop it," said U.S. Army officer Lt. Col. Daniel Davis, who spent two tours in Afghanistan. He is consumed by outrage at the yawning gulf between the promises of success routinely issued by U.S. senior commanders and the real situation on the ground.
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Thursday, April 19, 2012
Sen. Rand Paul says he will vote nay on the budget plan offered by Rep. Paul Ryan (R-Wis.) when it comes to the Senate. Ryan’s budget suspends sequestration and rolls back the deep cuts that would hit defense with the scheduled sequestration measure. It also sets up Social Security for unprecedented fast-track cuts, which would lead to something like Obama's Fiscal Commission recommendations, including cutting benefits for 60% of "Very Low" earners, those with average annual earnings of $10,771; raising the full retirement age to 69 and the earliest eligibility age to 64 (representing a 13% cut); and cutting the COLA by adopting the Chained CPI, which would reduce benefits by $108 billion over 10 years.
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Wednesday, April 18, 2012
A bill already passed by the Senate and set to be rubber stamped by the House would make it mandatory for all new cars in the United States to be fitted with black box data recorders from 2015 onwards.
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Tuesday, April 17, 2012
Blackhawks and A/MH-6 Little Bird helicopters used by special forces circling low through downtown Chicago skies made for a scary scene along the Chicago River, as they rattled windows flying among the city's skyscrapers.
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Monday, April 16, 2012
Last year, almost 1,800 people renounced their U.S. citizenship or handed in their Green Cards. That's a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It's also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.
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Thursday, April 12, 2012
CORPORATE SOCIALISM --Corporate deals cut with the states to divert employees' state tax withholding directly into corporate bank accounts over the past two decades diverted $5.5 billion in workers' state tax revenue from public purposes to corporate gain. Close to $700 million more was diverted last year.
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Thursday, April 12, 2012
If you are buying things on a "seasonally adjusted basis," everything is fine--no inflation to worry about. But, go ahead, I dare you, pull up to a gas station and tell them that you want to reduce your gasoline purchase price by the BLS seasonal adjustment of 11.2 percent off the March price.
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Saturday, April 7, 2012
The concept of imprisoning an individual over debt is making a comeback. There are plenty of people, mostly men, who are behind bars already for falling behind on their child support payments. Current US incarceration for debts takes place mostly at the state level. But the IRS – and other taxing facilities throughout the Western world – are increasingly putting people in prison for falling behind on their taxes. And now there is a move afoot in the Congress to deny, revocate or suspend a person's passport if they are delinquent in paying their taxes.
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Thursday, April 5, 2012
World food prices are likely to rise for a third successive month in March, and could gain further beyond that, with expensive oil and chronically low stocks of some key grains putting food inflation firmly back on the economic agenda.
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Monday, March 26, 2012
The individual insurance mandate, which requires virtually all Americans to obtain health coverage or pay a fine, was the brainchild of conservative economists and embraced by some of the nation’s most prominent Republicans for nearly two decades. Yet today many of those champions — including presidential hopefuls Mitt Romney and Newt Gingrich — are among the mandate’s most vocal critics.
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Tuesday, April 3, 2012
“Cap-and-trade was originally proposed by conservatives and Republicans as a market-based solution to solving environmental problems. . .The first president to talk about cap-and-trade was George H.W. Bush."
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Tuesday, April 3, 2012
Curveball's bogus claims of mobile weapons labs being developed by Saddam Hussein — claims that were denounced at the time as lies by many people in the know — were gussied up by the Bush Administration and presented to the United Nations as incontrovertible fact to justify America’s military attack on Iraq.
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Saturday, March 31, 2012
All over the United States, school children are being taken out of their classrooms, put on buses and sent to "alternate locations" during terror drills. These exercises are often called "evacuation drills" or "relocation drills" and they are more than a little disturbing.
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Friday, March 30, 2012
Source: U.S. Supreme Court
View the complete transcripts of the oral arguments on ObamaCare before the Supreme Court March 26, 27 and 28, 2012
here at the Washington Post.
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Wednesday, March 28, 2012
Source: U.S. Supreme Court
View the entire transcript of day one of oral arguments on ObamaCare before the Supreme Court
here at the Washington Post and listen to an audio of the oral arguments
here at the Washington Post.
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Monday, March 26, 2012
Source: U.S. Supreme Court
Supreme Court justices' questions indicate Court will not hold up a decision over the technical question argued today. View the entire transcript of day one of oral arguments on ObamaCare before the Supreme Court
here at the
Washington Post and listen to an audio of the oral arguments
here at the
Washington Post.
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