AG Holder puts an end to federal raids on medical marijuana distributors. That's a tiny step in the right direction for the nation, but huge for the victims of these raids.
It just struck me that the Kelo decision is a gross extension of welfare. Instead of just taking part of people's income to give to others in general, it takes houses and land from people and gives it to specific individuals or companies.
Email to Malou Innocent from Cato regarding her accusations that Dick Cheney supports torture:
Can you produce a quote from Cheney or a document signed by Cheney where he endorses "electric shock, near-asphyxiation, prisoners putting the urine and feces of other people on themselves, mock executions, and other forms of humiliating and degrading treatment"? If Cheney had ever endorsed those techniques, you can bet it would have been front page news for years, and I've never seen such a document or quote.
If you can't produce such a thing, you should publish a tremendous apology to Cheney and all of America. We have so much to criticize Bush and Cheney for including, as you correctly point out, invading Iraq, especially before finishing the job in Afghanistan, and for holding criminals as enemy combatants and subjecting them to harsh interrogation techniques, but irresponsibly inaccurate accusations that Cheney or anybody else in the Bush administration supported the techniques you mention above, especially by a politically independent scholar, is damaging to the country by providing ammunition for the terrorists to use against us.
I hope she responds.
It turns out that corrupt Democrat tax cheat Charlie Rangel has close ties with AIG, and before sponsoring legislation to tax AIG's bonuses, argued against such a tax. Rangel's reversal lends credence to the theory that Democrats are using the AIG bonuses to mask their real agenda - taxing income above $250,000 at 90 percent. Shocker.
I think Boortz is off base with the bill of attainder argument regarding the AIG bonuses. If the bill had named AIG, I think he would have an argument. But this is a general tax on any bonuses for people who earned over $250,000 working for companies that received TARP funds. The bill goes a lot further than a simple attack on AIG employees. I suspect the ex post facto clause of the Constitution will win out, and this tax will only apply to bonuses paid after the bill becomes law, if it becomes law. The Senate is supposed to be the more deliberate body to offset the intemperate actions of the House. It might well work out that way on this issue. A $7,500 tax credit would might make hybrids much more popular, but that's another redistribution of wealth. I don't want to pay for somebody else to buy a hybrid.
Walmart pays out $2 billion in bonuses, benefits and profit sharing to hourly employees. Walmart is so evil. Union workers are bankrupting their companies, driving themselves out of jobs, but Walmart keeps growing and sharing its profits with employees. Naturally Democrats prefer having more unions drive more companies out of business because it gives them an excuse to expand welfare and government power.
13 firms receiving bailout money owe back taxes, but the tax-cheating Democrats can't make an issue of it.
Anybody who watched the campaign new Obama was a poor communicator. He's fine reader, but it's not the same thing.
Mises scholar explains the fundamental flaw of socialized medicine is that medical equipment is always a financial loss because it can never be used to bring in money. Therefore socialized medicine systems don't buy enough equipment. That's why Natasha Richardson had to be flown from Montreal to New York for treatment. That's why places with socialized medicine look like antique health care centers. Without price signals, managers can't manage their health care systems.
According to a guy on the Wall Street Journal Report, AIG shareholders are beginning to think they would have been better off in bankruptcy. The silver lining of all this government mismanagement of companies is no sane company will ever ask for a federal bailout again. Anything's better than having Washington aristocrats having that much power over your lives.
National standards for schools would become just another way for government aristocrats to dumb down our already failing education system.
Reason interviews John Stossel. He has interesting comments on media bias.
Obama's Audacity of Hope, revised. Funny.
Reason says that the attack on tax havens signals an end to financial privacy. This is chilling. It's also an attack on national soverienty. We will all be sorry the Swiss caved.
However, basic economic theory tells us that if a country wants to reduce tax avoidance and evasion, all it has to do is lower its own tax rates and simplify its tax code. These are far more effective tools for thwarting tax evasion and reducing capital flight than tax harmonization across a number of countries. European governments should give tax reform a try instead of trying to force other nations to adopt a single, uniform system.
Like that's going to happen.
Reason defends short selling. Artificially inflated markets will fall with or without short sellers, but short selling is one of the great regulating forces of the market that limits artificially inflated markets in the first place.
Michael Barone says card check is good for unions bad for America.
This guys says the tax code mustn't be used as a weapon. What does he think a progress income tax is? At what tax rate does a progress income tax become weapon against the wealthy? What does he think a regressive payroll taxes are? Why should some people pay the tax on all their income but not others? The only tax that isn't a weapon is a tax that's exactly same for everybody. Like the FairTax.
The UN wants the US (mostly) to fund a $750 billion green new deal. Obama will probably jump all over this way to spend money we don't have.
Illegal immigrant raids lead to higher employment and wages for American workers. Duh.
Supposed photo of then KGB agent Vladimir Putin posing as tourist with Ronald Reagan.
I wouldn't have expected the world's oldest dog to be a dachsund.
Chavez grabs more power by having military seize Venezuelan air and sea ports.
Obama's steps up his attacks on business and prosperity by proposing federal caps on executive pay for all banks and Wall Street firms, and possibly more firms. Obama may be dumb, but his advisers know this will drive the top talent away from these firms, weakening our financial industry, and therefore weakening the US. And they have certainly explained this to Obama. We've had terrible presidents like FDR and Carter who seriously damaged the country, but Obama is the first president I'm aware of who intentionally is harming America. Thanks to Bush's incompetence and liberals, we've elected an amoral president who wants to do us harm and is succeeding at it. Even Democrats are going to turn on Obama quickly.
The executives of all the companies receiving TARP funds criticize limits on bonuses. What a shocker. If those bonuses didn't affect them, you can bet they wouldn't say a word. I'm against the bonus restrictions because they hurt the companies and the country, not because I'm getting one. The financial companies are attacking back because they know this kind of thing will destroy their companies. Imagine what they'll say when Obama announces his salary caps. This is getting ugly and getting ugly fast.
Senior executives on both sides of the Atlantic on Friday warned of an exodus of talent from some of the biggest names in US finance, saying the “anti-American” measures smacked of “a McCarthy witch-hunt” that would send the country “back to the stone age”.
As long as the liberals in both parties were slowly destroying the country, the American people slept through it. They're not sleeping through Obama's blitzkrieg to destroy it. This is significantly different than McCarthyism. The Soviet spies were real and McCarthy was trying to help the country by ferreting them out. Obama is trying to destroy America.
Dollar posts largest weekly drop since 1985. Inflation is here. Growth is nowhere in sight. Thanks Bernanke. It's interesting to see that our socialists in charge are dumber than Norway's socialists in charge.
EU resists US calls for more government spending. The EU socialists are smarter than our socialists too.
You can't help but ask if this is the end of the US as we know it, but I still hold hope the great libertarian mainstream of America will wake up and force government to get off our backs.
The AIG bonus firestorm is a diversion from real issues , but it puts the ghastly political classes who make U.S. law on display for what they are: ageing self-serving demagogues who have spent decades warping the U.S. political system for their own ends. We see the system up close, law-making that is riddled with slapdash, incompetence and gamesmanship.
I couldn't have said it better myself.
Reform of health care, environmental policy, education, energy, banking, regulation — every nook and cranny of the U.S. economy has been put on alert for major change. Expansion of government spending, plunging the U.S. into unprecedented deficits, is without parallel. In economic policy, through regulation and control of energy output, financial services and monetary expansion, the U.S. government has embarked on a fundamental reshaping of America. It is designed, in short, to bring on the end of America.
It's good to know I'm not the only one who recognizes the leaders in Washington are intentionally destroying America.
14 year old boy didn't want to do his health homework assignment which was to go buy condoms, bring them to school, then compete in a race to place one on a wooden penis. This is what liberals have school children do when government runs schools.
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