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Neil459

Neil459
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  • A court ruling invalidating President Obama's "recess" appointments to a labor board could jeopardize the position of Richard Cordray, the Director of the Consumer Financial Protection Bureau, who was also a "recess" hire. The verdict could lead to the overturning of the CFPB's regulations and enforcement actions as well. It "creates chaos in the marketplace," says the Consumer Bankers Association. [View news story]
    berbno1, "how serious they were about obstruction".

    Its funny how the rules matter unless they go against your own private desires, then the rules are stupid. Just another political statement from a political hack not concerned about our well being, but only concerned about their own ideology.
    Jan 28 03:10 PM | 2 Likes Like |Link to Comment
  • A court ruling invalidating President Obama's "recess" appointments to a labor board could jeopardize the position of Richard Cordray, the Director of the Consumer Financial Protection Bureau, who was also a "recess" hire. The verdict could lead to the overturning of the CFPB's regulations and enforcement actions as well. It "creates chaos in the marketplace," says the Consumer Bankers Association. [View news story]
    No it's not the overturning that creates chaos, it was Obama ignoring the law in the first place that created the chaos.

    More journalistic misconduct.
    Jan 27 07:58 AM | 5 Likes Like |Link to Comment
  • A federal appeals court has invalidated President Obama's "recess" appointments to a labor board last year, ruling that they were both unconstitutional and "invalid from their inception." The case was seen as a test of the limits of the president's ability to make appointments during a Senate recess, and deals a blow to the White House's strategy to bypass Senate Republicans. [View news story]
    If he (Obama) is not stopped, there will not be any need for Congress or the Supreme Court. They better wise up.
    Jan 25 07:48 PM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "I don't think the Second Amendment cares about training or mental capacity." It also does not mention felons not being allowed to have guns, at some point common sense has to kick in.

    The point of the Constitution was to limit government, not limit people. Somehow the powerful have turned one of the best attempts at creating a free society into just another power trip.
    Jan 23 08:40 PM | Likes Like |Link to Comment
  • That massive stash of cash held overseas to avoid taxes by tech giants like Apple Microsoft and Google (among many others)? Much of it is sitting in the States - in domestic bank accounts, Treasurys, and corporate bonds. As long as the money doesn't flow to the parent company though, it's not subject to tax. Absurdity doesn't begin to describe the tax system. [View news story]
    Corporations should not be taxed anyway and would not need to be taxed if the goal of the tax system was to pay for services instead of wealth transfer. Every dollar in taxes is a dollar not available to pay salaries or is a dollar added to the cost of goods. Both are bad for the average tax payer.
    Jan 23 09:27 AM | 2 Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "John, You never told me why the population shouldn't have the right to carry nukes. For self-defense, of course. Against tyranny. Just like the Second Amendment wanted."

    They should, as long as they are qualified and can handle and operate them safely. Not many people I know are qualified or would be comfortable handling nuclear materials so it is an ignorant non-practical argument.

    You do however make a good point, there should be no limit to the 2nd amendment, provided one is qualified and mentally healthy. The line being drawn arbitrarily around assault weapons is ridiculous and it's only purpose is to give the government more power.

    The population having weapons does not guarantee a free country, but removing weapons from the population is the first law passed when dictators take over. Check your history. There must be a reason, and it's not to protect the Children.
    Jan 23 09:22 AM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "So you can't prove it. Thought so. This is what happens when someone repeats soundbites from right wing talk shows."

    Unlike you, I don't believe anything in the media. That comes from living in Missouri and being raised by depression era Grandparents.

    If you have not done the calculation yourself, how do you know it's not true? I have and if you do it, you will find the truth. But I know you are scared of the truth so don't spend the hour looking it up and checking the assumptions. That way you can continue to support the lies that make you feel good even if they are lies.
    Jan 23 09:10 AM | 1 Like Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "Second, the 'budget deficit' and 'national debt' are empty tropes used by demagogues"

    Sorry, please get a dictionary and at least attempt to understand the English language. I never mentioned anything about budgets or debt. For the hard of reading, I said we need to reduce spending such that government spends less than it takes in.

    "First of all, the top 1% of the U.S. population controls 40% of its wealth (read 'real estate' and 'hard physical assets') and 10% controls 80% of its wealth. "

    You act like this is a bad thing, Oh, I forgot, your indoctrination taught you it was a bad thing. Ok, first name one country where this is not the case. In every other country, if it is not the top 1% of the wealthy, then its the top 1% of the government. In a country like Russia they hide behind some slight of hand that allows them to say the country owns the wealth, but really? Only the ignorant, or a Democrat would believe that.

    The wealthy will always be in control, taxing only changes the wealth from the people that worked hard for it, to the people with the power to steal it.
    Jan 23 09:05 AM | 1 Like Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "_You_ made a random comment with no proof and now _I_ have to do the work to disprove it?"

    No matter how much I prove it, you won't believe it. So it's not worth the work. If you want to prove it, then you do the math. Otherwise just continue to believe the lies from the President and the media. It does not take any work to do that and its probably the same thing your friends are doing. Just be happy, the truth does not matter to most people as proved by the election.
    Jan 22 02:18 PM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "Neil, Can you please do you math again?'

    No need to. If you think my math is wrong, then you do it and publish it here. Be sure to include your assumptions.
    Jan 22 02:12 PM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "Why not just raise taxes and balance the budget?"

    Really, too bad they did not teach economics where you went to school.

    But none-the-less, let me explain.

    1. There is not enough untaxed income left to be of any benefit taxing the rich. "Taxing the rich" is a hollow campaign slogan. The last time I calculated the amount, taxing the rich at 100% of income would only pay current government spending for about 5 to 6 months.

    2. That means that the other half of the current spending has to come from asset confiscation or from taxing the non rich. Both of these are political non-starters.

    3. That only leaves reducing spending or printing more money. Printing more money is just stealing from the next generation's children. That's probably what'll happen, considering our degenerate politicians thirst for money at any cost.
    Jan 22 12:57 PM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    "Why do you want that Neil?"

    Assuming you mean why do I think Federal spending should be cut?

    If so, it is because there is nothing more wasteful than the federal bureaucracy. If we need more spending to help people, then do it at the state level. Most states (IIRC) have balanced budget requirements and if state spending gets out of control, people and business will/can move elsewhere. States cannot print their own money. For you low information voters, there are natural checks and balances that will work.

    Today, there are no checks and balances at the federal level. That is unsustainable, unless one is ok with America devolving into a two bit tinhorn dictatorship where a few in D.C. control everything and one only gets the handout if one can prove support for the current dictator.

    Now you low information voters will say, "no way, that can't happen here, we are representative republic." However, Obama has proven that the constitution and everything it stands for mean nothing to the ruling class. While that suits the low information voter today, history indicates that will change once power is cemented.
    Jan 21 11:01 AM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    Bear bait, you don't seem to get it. By screaming and demanding that the federal budget should be zero, we will have only a slight chance of getting it cut by something small like 1%. No one in their right mind is expecting drastic cuts (because that will never happen), but we do need and expect a cut.

    Definition: A cut means spending less this year than we did last year and has nothing to do with budgets or planned spending.
    Jan 20 02:43 PM | Likes Like |Link to Comment
  • In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
    1. There is no real difference between the current Republican's and Democrats. They both want to acquire power by buying voters with other people's money.

    2. The real problem is the idiots (voters being bought) that think the free ride can continue. If you have a job you need to start paying attention, because before long welfare recipients will be making more than you are. At least the hangers-on are smart enough to know who is protecting their interests.

    3. At this point everything needs to be cut at the Federal Level. Period. In fact a government shutdown would be a good start.

    4. Right now there is only one group desires to cut spending. That group is the Tea Party (not the Republican party). If you don't realize this, then you have just been bought hook, line, and sinker. Be happy, but beware, your bubble will bust sooner or later and you'll be forced to faced reality. Only it will be too late for your children.

    5. Unless you have in excess of something like $10 million stored away somewhere you will not be able to avoid living in the future in poverty. The fair common economic situation is poverty. There has never been and never will be a common economic situation where everyone is well off.

    Think about it and you see that 'fair' means everyone in poverty, except a few rich government elites.
    Jan 19 10:40 AM | Likes Like |Link to Comment
  • Amazon (AMZN) may have seen softer sales in states where it started to collect sales tax, according to analysts. Data dug up by ChannelAdvisor indicates Amazon's sales in California fell well-below the pace of other states starting in November before recovering a bit toward the end of the holiday selling season. What to watch: Amazon reports Q4 earnings on January 29 with a spotlight on if the "tax effect" will have a significant effect on overall results. [View news story]
    "The sales tax loophole allowed Amazon to become the price king of retail"

    There is more to competition than price. For example, what do you do to counteract the fact that B&M stores have a local presence and one can just walk in and pick up a purchase? That is not fair to Amazon?

    krk, see fairness is hard. What you think is fairness, is really just favoritism, agenda, and vote buying.
    Jan 17 12:44 PM | Likes Like |Link to Comment
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