Barack Obama, our next President

Full story: Hampton Roads Daily Press

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...

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John Galt

Temecula, CA

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#860115
Feb 15, 2013
 

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Facebook Gets a Multibillion-Dollar Tax Break

By Peter Coy on February 15, 2013

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards.

Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice.

The tax-research and -lobbying organization says companies such as Facebook should treat stock options the same in their reports to shareholders as they do in their tax filings. Citizens for Tax Justice calls the tax footnotes in Facebook’s Jan. 30 financial statement “an amazing admission,” but there’s nothing illegal about the breaks the company is claiming. Companies like Facebook are allowed to treat the cost of non-cash compensation, such as stock options, as an expense that reduces profits, essentially the way they treat cash compensation such as salaries.

The difference is that Facebook—unlike, say, General Motors (GM)—relies heavily on stock options and restricted stock units as a form of compensation. It paid out a lot during its years as a private company that it must now recognize on its income statement and balance sheet.

You won’t find any $429 million tax refund in Facebook’s financial statements. Indeed, the company says it had a $559 million federal tax liability in 2012. But that liability isn’t an actual payment. In a footnote, the company also said that it had a $1.03 billion “excess tax benefit” last year related to “stock option exercises and other equity awards.” That benefit is what flips the federal tax liability into a refund.(A small portion is applied against state taxes.)

Facebook says that it anticipates reducing its tax liability in the future by an additional $2.17 billion by using further net operating loss carry-forwards that it has banked.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

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#860116
Feb 15, 2013
 

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Homer 2016 wrote:
Will you rightwingers quit being so stubborn and hating Obama and hire some people already?
You are working your skeleton crews half to death, they are already underpaid and overworked, now just about every on of my vendors has no stock, everything's on back order. You're killing my business!
Love,
Homer
Fool.

Obama’s EEOC: We’ll Sue You If You Don’t Hire Criminals: http://tinyurl.com/c2wec6d

This is a continuation of his "You didn't build that!" campaign.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

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#860117
Feb 15, 2013
 

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Homer 2016 wrote:
Show of hands, how many of you rightwingers would just as soon kill every Arab on the planet?
....as long as they didn't owe me any money.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

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#860119
Feb 15, 2013
 

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GOPIdiots wrote:
<quoted text>
In other words, join you in your masturbatory material.
No thanks, I'll pass.
That's the problem. You pass too much and say to little.
lily waxman raton fl

Pompano Beach, FL

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#860120
Feb 15, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
Galt is sick in the head
No, that would be you.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

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#860121
Feb 15, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
Galt is sick in the head
You must have gotten very close to his head to have been able to make that determination. Hands-on examination?
PDUPONT

Greenfield, MA

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#860122
Feb 16, 2013
 

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Waxman wrote:
<quoted text>
Jane is correct Dupont. The difference today is Democrats are encouraging "illegal" immigrants to come/stay here and pandering immensely for their vote, regardless of the added expense to the rest of Americans. I think you know that so stop being so coy, and cut the nasty crap out, will ya? It just makes you look like and angry frustrated, low class person.
No, Jane and you for that matter are totally wrong. The Obama administration has deported 1.5 times as many illegal immigrants as the previous administration, concentrating on those who commit crimes.
How can the Democrats be pandering for the votes of people who don't vote? In case you've forgotten, to register to vote you need to be able to prove your citizenship.
Angry? No, anger is an expensive emotion that I'm not going to waste on insignificant ignorant people. I just call out people for what they are.
I didn't call you an idiot this time. Happy?
Forum

Carlsbad, NM

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#860123
Feb 16, 2013
 

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DEVOTIONS FOR COMMUNION

Anima Christi

Soul of Christ, sanctify me.
Body of Christ, save me.
Blood of Christ, inebriate me.
Water from the side of Christ,
wash me.
Passion of Christ, strengthen me.
O good Jesus, hear me.
Hide me within Thy wounds.
Never permit me to be separated
from Thee.
From the malignant enemy, defend
me.
At the hour of my death, call me.
And bid me to come to Thee,
That with Thy saints, I may praise
Thee,
For everlasting ages. Amen.
(300 days indulgence.)
________
sonicfilter

Indianapolis, IN

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#860124
Feb 16, 2013
 

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NRA chief LaPierre claims 'looters ran wild in south Brooklyn' after Sandy, but Coney Island residents say he is full of it

To bolster his argument against gun control, NRA chief Wayne LaPierre fabricated a ‘hellish’ post-Sandy aftermath for south Brooklyn that never happened. He seems to forget that some New Yorkers were actually there.

NEW YORKERS took aim at NRA chief Wayne LaPierre’s bizarre claim that looters “ran wild in south Brooklyn” after Hurricane Sandy — and some even used the Kings English.

“He’s a f---ing idiot,” said Steven Feinstein, 66, owner of Wilensky Hardware in Coney Island — one of the neighborhoods that LaPierre claimed Wednesday became a “hellish world” of apocalyptic violence.“He makes it sound like it was the 1970s around here. That’s nonsense.”

In a column in the Daily Caller, a conservative website, LaPierre reiterated his call for more gun ownership — and cited the storm’s aftermath as a prime reason.

“There was no food, water or electricity,” LaPierre wrote.“And if you wanted to walk several miles to get supplies, you better get back before dark, or you might not get home at all.”

It sounded good. Too bad it’s not true, said NYPD spokesman Paul Browne.

“(In) the 60th Precinct in Coney Island, it was hardly hell week — there were no murders, no rapes and no shootings,” he said.

The same was true in the neighboring 61st Precinct, where there were no murders, rapes or shootings.

There was a big spike in burglaries, as criminals picked through abandoned homes, Browne said. But all other crime categories were down.

Shootings were down 17%. Rape was down 47%. Robberies were down 22%. Assaults were down 18%. Grand larceny was down 45%. And car thefts were down 22%.

Overall, crime fell by 25%.

And Browne delivered another inconvenient truth for the NRA man — the city actually went a record eight straight days without a single murder.

LaPierre also made the preposterous claim that Mayor Bloomberg “refused to allow the National Guard into the city to restore civil order because Guardsmen carry guns!”

City officials dismissed that claim as more NRA nonsense and said there were plenty of armed National Guardsmen in the city in the aftermath of Sandy.

“Wayne’s world is a loopy place,” said Bloomberg spokesman John McCarthy.“New York is the safest big city in the country — thanks in part to our strong gun laws — and in the aftermath of Sandy, crime stayed at record lows. He should touch base with reality.”

Read more: http://www.nydailynews.com/new-york/nra-boss-...
Taxpayer

Hertford, NC

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#860125
Feb 16, 2013
 

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Anti- American Socialist Democratic are trying to vote themselves a raise. Typical of the, communist minded people in Washington. They see themselves as rulers and us as property for them to use as they see fit.
sonicfilter

Indianapolis, IN

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#860126
Feb 16, 2013
 

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The G.O.P.’s Nasty Newcomer

WHEN a Vesuvius like John McCain tells you that you belch too much smoke and spew too much fire, you know you’ve got a problem.

And Ted Cruz, a Republican freshman in the Senate who has been front and center in his party’s effort to squash Chuck Hagel’s nomination as secretary of defense, has a problem. He’s an ornery, swaggering piece of work. Just six weeks since his arrival on Capitol Hill, he’s already known for his naysaying, his nit-picking and his itch to upbraid lawmakers who are vastly senior to him, who have sacrificed more than he has and who deserve a measure of respect, or at least an iota of courtesy. Courtesy isn’t Cruz’s métier. Grandstanding and browbeating are.

He sits on the Senate Armed Services Committee, and during its final meeting on Tuesday about Hagel’s nomination, he made such nefarious and hectoring insinuations about Hagel’s possible corruption by foreign influences that McCain, who’d gleefully raked Hagel over the coals himself, more or less told Cruz to cool it. It was an unforgettable moment, and one that Republicans shouldn’t soon forget, because Cruz, 42, isn’t simply the latest overeager beaver to start gnawing his way through the halls of Congress. He’s a prime illustration of what plagues the Republican Party and holds it back.

http://www.nytimes.com/2013/02/17/opinion/sun...
sonicfilter

Indianapolis, IN

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#860127
Feb 16, 2013
 

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Note in particular a Republican pollster’s recent interviews with Ohio voters. When the pollster asks them to play word association with “Republican,” the answers indeed include a few descriptions that the profiles of Rubio and Cruz push back against:“rich,”“white.” But the adjectives “rigid” and “polarizing” also come up, along with a lament about an “all-or-nothing” approach.

http://www.nytimes.com/2013/02/17/opinion/sun...

Since: May 11

Fayetteville, PA

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#860128
Feb 16, 2013
 

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John Galt wrote:
<quoted text>
Nobody should have "job security", least of all federal government parasites.
Cut as necessary to balance the budget.
Republicans said it, dumbass. Not me.

Republicans said that federal employees did not deserve the upcoming raise because they had job security.
sonicfilter

Indianapolis, IN

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#860129
Feb 16, 2013
 

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i see the masturbatory habits of our judge-it freak have reappeared.

get a life dude. it's just an internet forum. you're not changing the world.
sonicfilter

Indianapolis, IN

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#860130
Feb 16, 2013
 

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One of the enduring mysteries of the contemporary Republican Party is whether they really believe all this gibberish that oozes out of their mouths. I suppose it will vary from issue to issue. On guns, I’d guess that many do genuinely believe that liberals basically want a gun-free America, so at least they’re more or less sincere on that one. On climate change, I think Jim Inhofe fervently believes it’s all bunk, and most of the rest of them don’t care but just figure they’ll follow his lead. But what about the broad economic questions? Here, I’ve come to conclude that somewhere way down there, they mostly know their theories haven’t worked, but they’re not anywhere near being able to acknowledge this to the rest of us. And tragically, this fact, combined with the fact of their unfortunate political power on Capitol Hill, means—in general, and with respect to this sequester battle in particular—that we’re going to have to live through more economic anguish waiting for these puerile people to join the real world.

http://www.thedailybeast.com/articles/2013/02...

Since: Nov 09

Alamo, TX

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#860131
Feb 16, 2013
 

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sonicfilter wrote:
One of the enduring mysteries of the contemporary Republican Party is whether they really believe all this gibberish that oozes out of their mouths. I suppose it will vary from issue to issue. On guns, I’d guess that many do genuinely believe that liberals basically want a gun-free America, so at least they’re more or less sincere on that one. On climate change, I think Jim Inhofe fervently believes it’s all bunk, and most of the rest of them don’t care but just figure they’ll follow his lead. But what about the broad economic questions? Here, I’ve come to conclude that somewhere way down there, they mostly know their theories haven’t worked, but they’re not anywhere near being able to acknowledge this to the rest of us. And tragically, this fact, combined with the fact of their unfortunate political power on Capitol Hill, means—in general, and with respect to this sequester battle in particular—that we’re going to have to live through more economic anguish waiting for these puerile people to join the real world.
http://www.thedailybeast.com/articles/2013/02...
The sane, but unethical, Republicans make decisions based on how they will affect cash flow from donors. The insane Republicans, as evidenced here on Topix, make decisions based on what they are told to think by FOX, Limbaugh or the voices in their heads.

Since: May 11

Fayetteville, PA

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#860132
Feb 16, 2013
 

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Republicans will not put up with other Republicans bucking their party.

Chuck Hagel spoke out against the Bsh administration & against the Iraq war & now they punish him for doing so.

They take a veteran & question is patriotism.

Since: May 11

Fayetteville, PA

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#860134
Feb 16, 2013
 

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We all knew Republicans were afraid of the ridiculous hate speaking, lying Rush Limbaugh & Glenn Beck. No matter what these two say, Republicans refuse to say anything about it.

Now add Wayne LaPierre to that list. The man has gone wacko since Newtown & yet how many Repubicans in Congress say anything against him & still beg the NRA for money & support.

Perhaps you freakin dumbass Republicans should listen to Bobby Jindal.

As long as you permit these flame throwing hate talkers to define your party, the more ridiculous you appear to be. The party of stupid.

Since: Oct 08

Location hidden

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#860135
Feb 16, 2013
 

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carol wrote:
This is Irene, carol's sister. She wanted everyone to know that she's fine and asks for your prayers. She had a minor stoke last week and it's affected her right side but the doctors expect her to make a full recovery. She asked me to thank her friends here for their love and support and she asks that you not worry unduly and that she'll be fine.
Tell Miss Carol we definitely will pray for her. Get well and God speed, we need her on here to give the liberals grief..
carol

Orlando, FL

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#860136
Feb 16, 2013
 

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Nuculur option wrote:
<quoted text>
Good question!!
I haven't seen anyone who behaves like Carol the past few days, under any name.
Did she give up, or is she ill??
Just popped in to see what was going on and apparently need to tell you all I'm not ill. Because my name and location were hijacked and some of you thought my hijacker was me and that I was ill, you can see why I decided it best to just leave.

Haven't posted since last Tuesday after posting a fond farewell, before my hijacker posted I had a stroke or something.

But a heartfelt thanks to some for having missed me.

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

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