Archive for December 3rd, 2010



03
Dec
10

about that gop tax mandate….

CBS: Republicans have argued that the midterm elections have given them a mandate on what they are calling one of the most important issues facing America, the extension of the Bush-era tax cuts.

“The American people want us to stop all the looming tax hikes and to cut spending, and that should be the priority of the remaining days that we have in this Congress,” said Rep. John Boehner said Thursday. Boehner added that a House vote Thursday to extend the cuts for all but the highest-earning Americans amounted to “chicken crap.”

According to a new CBS News poll, however, Boehner is off-base in his claim that Americans “want us to stop all the looming tax hikes.”

The poll finds that 53 percent of Americans want the Bush-era tax cuts extended only for households earning less than $250,000 per year. That roughly matches the proposal put forth by the White House, which wants to extend the cuts only for incomes less than $250,000 for families and $200,000 for individuals….

…The Bush-era tax cuts are set to expire for all Americans by the end of the year, and lawmakers are working feverishly to reach compromise on the issue during the lame duck session. The Democrat-led House voted Thursday to extend them for those below then $200,000/$250,000 threshold, but the bill is unlikely to get the 60 votes it needs to break a GOP filibuster in the Senate.

Following the House vote, Republican Rep. Darrell Issa of California released a statement saying Democrats “just don’t get it.” “Clearly, Congressional Democrats learned nothing from the lessons of November 2nd,” he said. “The American people had a clear choice between those that want to cut taxes for all Americans and those that want to raise them and they chose decisively. Instead of living up to the mandate set by the American people, Congressional Democrats have defied the will of the American people.”

Oh yeah?

03
Dec
10

pardon me?

Today President Barack Obama granted pardons to the following nine individuals:

James Bernard Banks – Liberty, Utah

Offense: Illegal possession of government property; 18 U.S.C. § 641.
Sentence: Oct. 31, 1972; District of Utah; two years of probation.

Russell James Dixon – Clayton, Ga.

Offense: Felony liquor law violation; 26 U.S.C. § 5604(a)(1).
Sentence: June 23, 1960; Northern District of Georgia; two years of probation.

Laurens Dorsey – Syracuse, N.Y.

Offense: Conspiracy to defraud the United States by making false statements to the U.S. Food and Drug Administration; 18 U.S.C. §§ 371, 1001.

Sentence: Aug. 31, 1998; District of New Jersey; five years of probation and $71,000 restitution.

Ronald Lee Foster – Beaver Falls, Penn.

Offense: Mutilation of coins; 18 U.S.C. § 331.
Sentence: Oct. 4, 1963; Eastern District of North Carolina; one year of probation and $20 fine.

Timothy James Gallagher – Navasota, Texas

Offense: Conspiracy to distribute and possess with intent to distribute cocaine; 21 U.S.C. § 846.
Sentence: Oct. 18, 1982; District of Arizona; three years of probation.

Roxane Kay Hettinger – Powder Springs, Ga.

Offense: Conspiracy to distribute cocaine; 21 U.S.C. §§ 841(a)(1) and 846.
Sentence: March 31, 1986; Northern District of Iowa; 30 days in jail followed by three years of probation.

Edgar Leopold Kranz Jr. – Minot, N.D.

Offense: Wrongful use of cocaine, adultery and writing three insufficient fund checks; Articles 112a and 134, Uniform Code of Military Justice.

Sentence: Sept. 14, 1994, as approved Nov. 4, 1994; General court-martial convened at Hickam Air Force Base, Hawaii; bad conduct discharge (suspended), 24 months of confinement and reduction to pay grade E-1.

Floretta Leavy – Rockford, Ill.

Offense: Distribution of cocaine, conspiracy to distribute cocaine, possession of marijuana with intent to distribute, and possession of cocaine with intent to distribute; 21 U.S. C. §§ 841(a)(1), (a)(2) and 846, 18 U.S.C. § 2.

Sentence: Oct. 19, 1984; District of Kansas; one year and one day in prison and three years of special parole.

Scoey Nathaniel Morris – Crosby, Texas

Offense: Passing counterfeit obligations or securities; 18 U.S.C. §§ 472 and 2.
Sentence: May 21, 1999; Western District of Texas; three years of probation and $1,200 restitution, jointly and severally.

 

“The President was moved by the strength of the applicants’ post-conviction efforts at atonement, as well as their superior citizenship and individual achievements in the years since their convictions,” said a statement from White House spokesman Reid Cherlin.

03
Dec
10

heads up: president speaking live from afghanistan soon

Try CNN Live

President Barack Obama is greeted by NATO Commander in Afghanistan Gen. David Petraeus, left, and US Ambassador to Afghanistan Karl W. Eikenberry, center, after stepping off Air Force One during an unannounced visit to Bagram Air Base in Afghanistan. Dec. 3. The President’s planned visit to Kabul to see President Hamid Karzai was canceled due to bad weather, a U.S. official said.

The main purpose of the President’s trip is to thank the troops – he will award five Purple Hearts. He is expected to be on the ground for three hours, though the schedule is changing.

“We started planning this over a month ago,” Ben Rhodes, a national security aide, told reporters. “And the reason was to go during the holiday season. The president wanted to find a time in between Thanksgiving and Christmas when he could go out to spend some times with the troops, in particular, and our civilians in Afghanistan. Basically to wish them a happy holidays. It’s a particularly tough time of year.”

The entrance to the West Wing of the White House in Washington is without a Marine standing sentry, Dec. 3, after it was announced that President Obama made a surprise trip to Afghanistan. A Marine honor guard will stand sentry at the entrance if President Obama is in the West Wing of the White House.

03
Dec
10

the leftbaggers are celebrating!

Disappointing news on the unemployment rate: The economy added 39,000 jobs in November, but the rate is up to 9.8 percent

WH: Today’s employment report shows that private sector payrolls increased by 50,000 in November, lower than expectations, but continuing eleven consecutive months of private sector job growth. The pace was not enough to prevent the unemployment rate from climbing to 9.8 percent.

While the overall trend of economic data over the past two months has been encouraging, today’s numbers underscore the importance of extending expiring tax cuts for the middle class and unemployment insurance for those Americans who have lost their jobs.  Failure to do this would jeopardize hundreds of thousands of additional jobs, and leave millions of Americans, who are out of work through no fault of their own, on their own.

In addition to the increase in November, the estimates of private sector job growth for September (now 112,000) and October (now 160,000) were revised up. Since last December, the economy has added 1.2 million private sector jobs. So far this quarter, including today’s revisions, private sector employers have added an average of 105,000 jobs per month.

Overall payroll employment rose by 39,000 last month …  an unemployment rate of 9.8 percent is unacceptably high and we need to achieve robust employment growth in order to recover from the deep job losses that began over two years ago.  Although the overall trajectory of the economy has improved dramatically over the past year, there will surely continue to be bumps in the road ahead such as this.  The monthly employment and unemployment numbers are volatile and employment estimates are subject to substantial revision.  Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.

It is essential that we take the additional targeted actions that the President has recommended to increase growth and job creation, such as extending tax cuts for the middle class, investing in our infrastructure, providing tax incentives to encourage businesses to invest and hire here at home, and promoting exports abroad.

The positive news (look away Leftbaggers):

Reuters: Fresh signs the U.S. economy has broken out of its summer soft patch emerged on Thursday as data showed a gauge of jobless benefits hit a new two-year low last week and pending home sales unexpectedly rose in October.

The picture also brightened as retailers recorded their best sales gains in four years in November….the reports were the latest to suggest a pick-up in activity in the fourth quarter.

“There seems to be no doubt that the economy is improving and likely to continue to improve,” said Mark Vitner, a senior economist at Wells Fargo Securities in North Carolina.

Initial claims for state unemployment aid increased 26,000 but a four-week moving average – a better gauge of underlying labor trends – fell to its lowest level since the week ending Aug 2, 2008.




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