Ohio Slipping Out Of Romney's Reach

Full story: ABC News 2,847
OHIO NOW LEANS OBAMA: ABC News Political Director Amy Walter notes that today's New York Times-CBS News-Quinnipiac poll is the fourth non-partisan media poll in a row to show President Obama not only ahead by a significant margin, but at or above 50 percent of the vote. Full Story

Since: Aug 11

Location hidden

#2805 Nov 19, 2012
Anonymous of Indy wrote:
<quoted text>exactly
I have another one for you.

How about this dead mall in Idaho?



Post Falls, Idaho. It is located between Coeur D'alene and Spokane. The last time it showed any business was in 2007. Like other malls, it was build on cheap land far out of any town. People came there using credit cards. Investors put money up building it hoping to make a return. Cars drove there and stopped because of relatively cheap fuel. It all came crashing down.

1. Consumer credit crashed.

2. Fuel prices went up.

3. People's disposable income dropped.

The formula for success was built upon a house of cards. None of this was sustainable. We have dead malls coast to coast. Nobody needs them.

xxxrayted

Cleveland, OH

#2806 Nov 19, 2012
WasteWater wrote:
<quoted text>
They don't necessarily leave, they just establish residencies elsewhere. They have all kinds of games such as LLCs and off-shore accounts. I wonder how they can actually be taxed more. They already wrote the rule book which leaves them many outs.
You can't fight city hall. The truth is that the top ten highest tax states are losing population to the ten lowest taxed states in our country. When a state is trying to attract a business, what's the most common strategy they use? That's right, tax abatements.

People and companies react to tax changes. It's a fallacy that when you increase taxes on anybody, it will have no affect at all in society. The same holds true when you lower taxes. It's the theory of every action causes a reaction of some sorts. So what you look for is to take actions that will cause a positive reaction instead of a negative one.

Since: Aug 12

United States

#2807 Nov 19, 2012
Entitlements buy votes.... Plain and simple.

Since: Aug 11

Location hidden

#2808 Nov 19, 2012
UdintBuildThat wrote:
Entitlements buy votes.... Plain and simple.
exactly, goto Chapter 4 "Wosrt Legistlation in History" in the book titled "IMPOSTOR, How George W. Bush Bankrupted America and Betrayed the Reagan Legacy" when Bush and the Conservatives passed and Signed into Law Medicare Part D which play out Nixion's playbook how to get votes.
xxxrayted

Cleveland, OH

#2809 Nov 19, 2012
UdintBuildThat wrote:
Entitlements buy votes.... Plain and simple.
I've said that since the election results. But I was just watching Bill'O, and he posted a statistic that 64% of people who make less than $30,000 per year voted for DumBama. That's quite telling.

He then questioned what these people who made under $30,000 per year were voting on? More jobs which DumBama didn't provide? Social issues? Libya? High unemployment? What?

Half of the people in our country receive some government goodie of some kind. It's reasonable to assume that many of those people fall into the less than $30,000 category. It was a pretty good monologue.

Since: Feb 12

Location hidden

#2810 Nov 19, 2012
xxxrayted wrote:
<quoted text>
Pretty impressive, huh?
We got the pre-spun job quantity data already, where we learned that nearly 3 times the headline print was due to seasonal and B/D adjustments and is thus nothing but noise. Now we get the quality. As can be seen below, courtesy of Table A9 from the Household Survey, in July the number of part-time jobs added was 31K, bringing the total to 27,925, just shy of the all time record of 28,038. Full time jobs? Down 228,000 to 114,345,000 lower than the February full-time jobs print of 114,408,000. Once again, more and more Americans are relinquishing any and all benefits associated with Full Time Jobs benefits, and instead are agreeing on a job. Any job. Even if it means working just 1 hour a week. For the BLS it doesn't matter - 1 hour of work a week still qualifies you as a Part-Time worker.
http://www.zerohedge.com/news/full-time-jobs-...
Burger flipping jobs.
I saw this headline on front page of Dayton paper today and thought about you. I think it is the link that reads 22 hours ago.

News for Trucking jobs, dayton daily news
HispanicBu...
Ohio and U.S. companies in demand for truck drivers

Dayton Daily News - 22 hours ago
Truck-driving jobs are among the fastest growing occupations in the ... to attract qualified drivers, according to a Dayton Daily News analysis.
Veterans look for jobs and hope | www.daytondailynews.com www.daytondailynews.com/news/news/veterans-lo...

Nov 10, 2012 ...“There's no advantage to being a veteran in the job market,” he said.... them qualified for commercial truck driving jobs when they return home.
Business | www.daytondailynews.com www.daytondailynews.com/s/business/

Get up-to-date business industry news.... Truck-driving jobs are among the fastest growing occupations in the nation, but fewer residents in the region have ...
xxxrayted

Cleveland, OH

#2811 Nov 19, 2012
Cousin DuPrees Cousin wrote:
<quoted text>
I saw this headline on front page of Dayton paper today and thought about you. I think it is the link that reads 22 hours ago.
News for Trucking jobs, dayton daily news
HispanicBu...
Ohio and U.S. companies in demand for truck drivers
Dayton Daily News - 22 hours ago
Truck-driving jobs are among the fastest growing occupations in the ... to attract qualified drivers, according to a Dayton Daily News analysis.
Veterans look for jobs and hope | www.daytondailynews.com www.daytondailynews.com/news/news/veterans-lo...
Nov 10, 2012 ...“There's no advantage to being a veteran in the job market,” he said.... them qualified for commercial truck driving jobs when they return home.
Business | www.daytondailynews.com www.daytondailynews.com/s/business/
Get up-to-date business industry news.... Truck-driving jobs are among the fastest growing occupations in the nation, but fewer residents in the region have ...
Thanks Cuz, I appreciate you thinking about me.

It is true, no matter what the economy, you can always find driving jobs. It's one of the reasons I chose this career. I like the part of the article that states some of the problem is regulations. There is just too much government in trucking today. Had I known it would get this bad, I would have chosen another career, and perhaps that's why many are avoiding the career today.

They have these officers out on the highway called DOT cops. We sometimes refer to them as diesel cops, or PUCO here in Ohio. For whatever reason, when you drive a truck. you inadvertently gave up your Fourth Amendment rights.

These guys pull you over simply to search your vehicle; no other reason given. Once you are pulled over, they won't let you go until they find something--anything to write you up on. When they write you up, you get points on your CDL under a provision called CSA2010. This is separate from the points on your drivers license. Once you have too many points, they suspend you from driving, and you are out of an income.

That's not bad enough, but they keep hiring more and more of these guys every year so it seems. When I first got into the field, you would see a DOT cop once in a great while. Today, you see them almost every day. It's so intrusive that they now train State Highway Patrol and certify them to search trucks under DOT as well.

Given the fact that they pull drivers over at random, it really gives you a sense of how citizens of Germany felt during Hitler's time. I guess this is one of the reasons why I'm so anti-government.

Since: Feb 12

Location hidden

#2812 Nov 19, 2012
xxxrayted wrote:
<quoted text>
Thanks Cuz, I appreciate you thinking about me.
It is true, no matter what the economy, you can always find driving jobs. It's one of the reasons I chose this career. I like the part of the article that states some of the problem is regulations. There is just too much government in trucking today. Had I known it would get this bad, I would have chosen another career, and perhaps that's why many are avoiding the career today.
They have these officers out on the highway called DOT cops. We sometimes refer to them as diesel cops, or PUCO here in Ohio. For whatever reason, when you drive a truck. you inadvertently gave up your Fourth Amendment rights.
These guys pull you over simply to search your vehicle; no other reason given. Once you are pulled over, they won't let you go until they find something--anything to write you up on. When they write you up, you get points on your CDL under a provision called CSA2010. This is separate from the points on your drivers license. Once you have too many points, they suspend you from driving, and you are out of an income.
That's not bad enough, but they keep hiring more and more of these guys every year so it seems. When I first got into the field, you would see a DOT cop once in a great while. Today, you see them almost every day. It's so intrusive that they now train State Highway Patrol and certify them to search trucks under DOT as well.
Given the fact that they pull drivers over at random, it really gives you a sense of how citizens of Germany felt during Hitler's time. I guess this is one of the reasons why I'm so anti-government.
You are right, but not all truckers are like you, so I guess cops are wary of all of them. Now the guy below in the Peterbilt, I don't know about him. Sounds a little crazy to me. We better watch out for him. ;-)

( Map ) Nuclear Weapons on a Highway Near You justpiper.com/2012/07/map-nuclear-weapons-hig...

Jul 31, 2012 ... Big rigs with bombs are secretly cruising America's interstates.... ahead to an 18- wheeler that's hauling ass toward us on a low-country stretch ...

Cargo Theft: Pirates On Our Highways | NBC Bay Area www.nbcbayarea.com/investigations/series/carg... ...

Aug 3, 2012 ... Big rig piracy on California's highways.... electronics to drugs, computers to military supplies and weapons to wine—that they steal,... in Fremont when drivers made off with $37 million dollars-worth of microchips in one haul.

MAY DAY! MAY DAY! SPECIAL REPORT!- The Government Rag www.thegovernmentrag.com/mayday%20mayday%20sp... ...

It has also excited intense weapons- and techno-envy among police .... hatchback and points ahead to an 18-wheeler that's hauling ass toward us on a low-country stretch ... At first the mysterious big rig resembles a commercial gas tanker, but the cab is ..... UPDATE 19 Jan 2012: Pentagon Transfers War on Drugs to Private ...

Ask The Trucker 2 www.lifeasatrucker.com/trucking-career-questi... - Similarto Ask The Trucker 2

Can a run a 1994 Peterbilt cab over rig in Texas to haul crude oil or is the truck too old?... I got cought cheating on a drug screen can i still get a truck driving job Not rated yet ... I was convicted of assault with a deadly weapon in 2002...... What are the advantages and disadvantages of buying a new vs used big rig?
Drugs - KRGV.com | CHANNEL 5 NEWS | Breaking News Breaking www.krgv.com/tags/drugs/

Mexican military personnel found the drugs in a big rig at a checkpoint ... BROWNSVILLE - Two men are accused of shooting high-powered weapons at a .... MCALLEN - McAllen police are tallying the haul from their latest stash house raid.
Therealnews com

East Islip, NY

#2813 Nov 19, 2012
xxxrayted wrote:
<quoted text>
I've said that since the election results. But I was just watching Bill'O, and he posted a statistic that 64% of people who make less than $30,000 per year voted for DumBama. That's quite telling.
He then questioned what these people who made under $30,000 per year were voting on? More jobs which DumBama didn't provide? Social issues? Libya? High unemployment? What?
Half of the people in our country receive some government goodie of some kind. It's reasonable to assume that many of those people fall into the less than $30,000 category. It was a pretty good monologue.
Document uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen / 23 July 2007 / http://tinyurl.com/2cc7af
The coup was aimed at toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the most famous families in America,(owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression.

Mike Thomson investigates why so little is known about this biggest ever peacetime threat to American democracy.
http://www.bbc.co.uk/radio4/history/document/...

Document uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen / 23 July 2007 / Audio
http://www.bbc.co.uk/radio4/history/document/...
xxxrayted

Cleveland, OH

#2814 Nov 19, 2012
Cousin DuPrees Cousin wrote:
<quoted text>
You are right, but not all truckers are like you, so I guess cops are wary of all of them. Now the guy below in the Peterbilt, I don't know about him. Sounds a little crazy to me. We better watch out for him. ;-)
Well perhaps. But what I would like to know is a liberals point of view of what we go through. I mean, if the highway patrol was able to stop you only for the reason to search your vehicle and make sure there was no contraband and that your vehicle met all state standards, would you not consider this a violation of your Constitutional rights?

I'm not being critical here. Just curiosity.:-)

Since: Aug 11

Location hidden

#2815 Nov 19, 2012
xxxrayted wrote:
<quoted text>
You can't fight city hall. The truth is that the top ten highest tax states are losing population to the ten lowest taxed states in our country. When a state is trying to attract a business, what's the most common strategy they use? That's right, tax abatements.
People and companies react to tax changes. It's a fallacy that when you increase taxes on anybody, it will have no affect at all in society. The same holds true when you lower taxes. It's the theory of every action causes a reaction of some sorts. So what you look for is to take actions that will cause a positive reaction instead of a negative one.
Partly true, but sometimes government actually stimulates the economy. For example, the economy would have tanked much sooner had Bush Jr. not gone to war. WWII brought us out of the Great Depression and into an extended period of prosperity. Economics classes teach that the only time government spending hurts is when it makes competition for the dollar drive up interest rates. Right now, we cannot borrow more money, we need to balance the books so to speak. We need to work toward making necessary cuts to things which fail to contribute to long term prosperity and invest in things which do. We also need to raise more money rather than print more money. It is a very complex equation.

Since: Aug 11

Location hidden

#2816 Nov 19, 2012
xxxrayted wrote:
<quoted text>
Thanks Cuz, I appreciate you thinking about me.
It is true, no matter what the economy, you can always find driving jobs. It's one of the reasons I chose this career. I like the part of the article that states some of the problem is regulations. There is just too much government in trucking today. Had I known it would get this bad, I would have chosen another career, and perhaps that's why many are avoiding the career today.
They have these officers out on the highway called DOT cops. We sometimes refer to them as diesel cops, or PUCO here in Ohio. For whatever reason, when you drive a truck. you inadvertently gave up your Fourth Amendment rights.
These guys pull you over simply to search your vehicle; no other reason given. Once you are pulled over, they won't let you go until they find something--anything to write you up on. When they write you up, you get points on your CDL under a provision called CSA2010. This is separate from the points on your drivers license. Once you have too many points, they suspend you from driving, and you are out of an income.
That's not bad enough, but they keep hiring more and more of these guys every year so it seems. When I first got into the field, you would see a DOT cop once in a great while. Today, you see them almost every day. It's so intrusive that they now train State Highway Patrol and certify them to search trucks under DOT as well.
Given the fact that they pull drivers over at random, it really gives you a sense of how citizens of Germany felt during Hitler's time. I guess this is one of the reasons why I'm so anti-government.
Thanks for your insights. I compliment you on looking deeply into the many problems.

I agree, most of our government agencies are running amok passing more and more regulations as well as extorting the public. You have given a great example with the trucking industry. I have noticed that all law enforcement is now on traffic writing very expensive tickets. Even Park Rangers pull people over. This is simply another form of taxation and a most unnecessary intrusion into our private lives. No longer does Law Enforcment actually provide a safer place. Now they are nothing more than a protection racket. Ditto for Homeland security and FEMA. We need to all work together to repeal the Patriot Act. Ron Paul was correct about that. So are many ex-CIA agents who are posting on YouTube. It is worth looking into what they have to say. If we sacrifice are freedoms for an illusion of security, soon we will have neither freedom nor security.

Since: Aug 11

Location hidden

#2817 Nov 19, 2012
Sorry for my typos. You get the message.
cjrian

Denver, CO

#2818 Nov 19, 2012
Therealnews com wrote:
Document uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen / 23 July 2007 / http://tinyurl.com/2cc7af
The coup was aimed at toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the most famous families in America,(owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression.
Mike Thomson investigates why so little is known about this biggest ever peacetime threat to American democracy.
http://www.bbc.co.uk/radio4/history/document/...
Document uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen / 23 July 2007 / Audio
http://www.bbc.co.uk/radio4/history/document/...
"The plotters, who were alleged to involve some of the most famous families in America,(owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression."

Hate to break it to you, but Hitler and Mussolini were SOCIALISTS.
Leftists, not right-wing

Since: Aug 11

Location hidden

#2819 Nov 19, 2012
cjrian wrote:
<quoted text>
"The plotters, who were alleged to involve some of the most famous families in America,(owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression."
Hate to break it to you, but Hitler and Mussolini were SOCIALISTS.
Leftists, not right-wing
You left out Henry Ford who was a staunch Hitler supporter. He loved the fascists.
Therealnews com

East Islip, NY

#2820 Nov 20, 2012
cjrian wrote:
<quoted text>
"The plotters, who were alleged to involve some of the most famous families in America,(owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression."
Hate to break it to you, but Hitler and Mussolini were SOCIALISTS.
Leftists, not right-wing
Limbaugh lies and you still believe.

You seem to be a Republican Frank Luntz believer.

Svengali Luntz changed the wording from Estate Tax to Death Tax so people like yourself will endorse it.

It only applies to Millionaires and Billionaires.

Hitler was rightwing and not leftwing.

=========

Tax Time? Not for Giant Corporations
March 27, 2011 / http://tinyurl.com/66fckan
Sanders Calls for Shared Sacrifice
Sanders compiled a list of some of the 10 worst corporate income tax avoiders.
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.(Source: Exxon Mobil's 2009 shareholder report filed with the SEC here.)
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.(Source: Forbes.com here, ProPublica here and Treasury here.)
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.(Source: Citizens for Tax Justice here and The New York Times here. Note: despite rumors to the contrary, the Times has stood by its story.)
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.(Source: See 2009 Chevron annual report here. Note 15 on page FS-46 of this report shows a U.S. federal income tax liability of $128 million, but that it was able to defer $147 million for a U.S. federal income tax liability of $-19 million)
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year..(Source: Paul Buchheit, professor, DePaul University, here and Citizens for Tax Justice here.)
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.(Source: the company's 2009 annual report, pg. 112, here.)
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.(Source: Bloomberg News here, ProPublica here, Treasury Department here.)
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.(Source: Paul Buchheit, professor, DePaul University, here, ProPublica here, Treasury Department here.)
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2006 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.(Sources: Profits can be found here. The deduction can be found on the company's 2010 SEC 10-K report to shareholders on 2009 finances, pg. 127, here)
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.(Source: The New York Times here)
http://sanders.senate.gov/newsroom/news/...
Blacktigershark

Edmonton, Canada

#2821 Nov 20, 2012
Yeah...so was Musolini...not as successful a fascist as Hitler, but fascist nonetheless.

Every nation fighting in WWII (with the exception of the U.S.S.R.) was running under imperialist fascist ideals...since the world wasn't big enough for every country involved in the war to continue to expand into 'undiscovered' territories, or 'undeveloped' countries, without clashing with each other, that is why WWII came into play!
Therealnews com wrote:
Limbaugh lies and you still believe.
You seem to be a Republican Frank Luntz believer.
Svengali Luntz changed the wording from Estate Tax to Death Tax so people like yourself will endorse it.
It only applies to Millionaires and Billionaires.
Hitler was rightwing and not leftwing.
=========
Tax Time? Not for Giant Corporations
March 27, 2011 / http://tinyurl.com/66fckan
Sanders Calls for Shared Sacrifice
Sanders compiled a list of some of the 10 worst corporate income tax avoiders.
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.(Source: Exxon Mobil's 2009 shareholder report filed with the SEC here.)
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.(Source: Forbes.com here, ProPublica here and Treasury here.)
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.(Source: Citizens for Tax Justice here and The New York Times here. Note: despite rumors to the contrary, the Times has stood by its story.)
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.(Source: See 2009 Chevron annual report here. Note 15 on page FS-46 of this report shows a U.S. federal income tax liability of $128 million, but that it was able to defer $147 million for a U.S. federal income tax liability of $-19 million)
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year..(Source: Paul Buchheit, professor, DePaul University, here and Citizens for Tax Justice here.)
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.(Source: the company's 2009 annual report, pg. 112, here.)
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.(Source: Bloomberg News here, ProPublica here, Treasury Department here.)
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.(Source: Paul Buchheit, professor, DePaul University, here, ProPublica here, Treasury Department here.)
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2006 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.(Sources: Profits can be found here. The deduction can be found on the company's 2010 SEC 10-K report to shareholders on 2009 finances, pg. 127, here)
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.(Source: The New York Times here)
http://sanders.senate.gov/newsroom/news/...
Blacktigershark

Edmonton, Canada

#2822 Nov 20, 2012
Now, xxxrayted...you are fighting for the rich, are you not, yet you complain about the amount of tax money that YOU are paying...don't you find a problem with this picture below, while it is small business and yourself paying the brunt of the taxes, for these large companies to pocket it in the end???
Therealnews com wrote:
<quoted text>
Limbaugh lies and you still believe.
You seem to be a Republican Frank Luntz believer.
Svengali Luntz changed the wording from Estate Tax to Death Tax so people like yourself will endorse it.
It only applies to Millionaires and Billionaires.
Hitler was rightwing and not leftwing.
=========
Tax Time? Not for Giant Corporations
March 27, 2011 / http://tinyurl.com/66fckan
Sanders Calls for Shared Sacrifice
Sanders compiled a list of some of the 10 worst corporate income tax avoiders.
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.(Source: Exxon Mobil's 2009 shareholder report filed with the SEC here.)
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.(Source: Forbes.com here, ProPublica here and Treasury here.)
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.(Source: Citizens for Tax Justice here and The New York Times here. Note: despite rumors to the contrary, the Times has stood by its story.)
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.(Source: See 2009 Chevron annual report here. Note 15 on page FS-46 of this report shows a U.S. federal income tax liability of $128 million, but that it was able to defer $147 million for a U.S. federal income tax liability of $-19 million)
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year..(Source: Paul Buchheit, professor, DePaul University, here and Citizens for Tax Justice here.)
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.(Source: the company's 2009 annual report, pg. 112, here.)
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.(Source: Bloomberg News here, ProPublica here, Treasury Department here.)
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.(Source: Paul Buchheit, professor, DePaul University, here, ProPublica here, Treasury Department here.)
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2006 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.(Sources: Profits can be found here. The deduction can be found on the company's 2010 SEC 10-K report to shareholders on 2009 finances, pg. 127, here)
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.(Source: The New York Times here)
http://sanders.senate.gov/newsroom/news/...
xxxrayted

Cleveland, OH

#2823 Nov 20, 2012
WasteWater wrote:
<quoted text>
Partly true, but sometimes government actually stimulates the economy. For example, the economy would have tanked much sooner had Bush Jr. not gone to war. WWII brought us out of the Great Depression and into an extended period of prosperity. Economics classes teach that the only time government spending hurts is when it makes competition for the dollar drive up interest rates. Right now, we cannot borrow more money, we need to balance the books so to speak. We need to work toward making necessary cuts to things which fail to contribute to long term prosperity and invest in things which do. We also need to raise more money rather than print more money. It is a very complex equation.
Yes and no. We all witnessed the reaction from Democrats and liberals alike when Romney said he would quit giving federal tax money to PBS. They went haywire. DumBama even used Romney's words on the campaign trail. War against Big Bird.

If we can't stop giving money to entities like that, how are we supposed to make the more serious cuts that affect most people? I mean, how many people do you know that actually watch PBS on a regular basis? It's a small fraction of our country. We have hundreds of cable stations to watch today. It's not like it was thirty or forty years ago.

It all goes back down to the 47% people who pay not one penny in federal income taxes. I think what we really need to do is have everybody pay. It may be a small amount such as a sales tax of let's say five cents on every dollar spent, but have some skin in the game.

I also think we need to get rid of bureaucracies; at least as many as we can get rid of. Let our elected politicians make decisions on environment, roadways, education, and so on. That's what we elected them for. There are no mentions of bureaucracies in our US Constitution.
Blacktigershark

Edmonton, Canada

#2824 Nov 20, 2012
xxxrayted wrote:
Thanks Cuz, I appreciate you thinking about me.
It is true, no matter what the economy, you can always find driving jobs. It's one of the reasons I chose this career. I like the part of the article that states some of the problem is regulations. There is just too much government in trucking today. Had I known it would get this bad, I would have chosen another career, and perhaps that's why many are avoiding the career today.
They have these officers out on the highway called DOT cops. We sometimes refer to them as diesel cops, or PUCO here in Ohio. For whatever reason, when you drive a truck. you inadvertently gave up your Fourth Amendment rights.
These guys pull you over simply to search your vehicle; no other reason given. Once you are pulled over, they won't let you go until they find something--anything to write you up on. When they write you up, you get points on your CDL under a provision called CSA2010. This is separate from the points on your drivers license. Once you have too many points, they suspend you from driving, and you are out of an income.
That's not bad enough, but they keep hiring more and more of these guys every year so it seems. When I first got into the field, you would see a DOT cop once in a great while. Today, you see them almost every day. It's so intrusive that they now train State Highway Patrol and certify them to search trucks under DOT as well.
Given the fact that they pull drivers over at random, it really gives you a sense of how citizens of Germany felt during Hitler's time. I guess this is one of the reasons why I'm so anti-government.
Gotta laugh when I see that you make mention of DOT cops pulling you over, simply to search your vehicle, and basically giving your truck a look over, so that they can fine you. This has been the plight of minorities in America for DECADES, yet now, you are complaining about how you are subjected of getting pulled over in a truck. Did these minorities forfeit their Fourth Amendment rights when they got a vehicle registered in their name, and started driving their own cars on the road? And yet, you STILL want to vote Republican, while it is Republicans that are largely to blame for these DOT cops harassing you while you are trying to make a living, huh? Guess that makes you Black like every other working minority in America (note that I am using the word 'Black' as a taboo, as being 'Black' in America is associated with many negative aspects in American culture [Blacklisted, Black market, Blackballed, Blackout, Black Friday, etc.]), yet you don't seem to understand why many 'Black' people like yourself have either voted Democrat, or chose not to vote at all! Are you STILL not getting it, xxxrayted? Soon enough, when you do get it, you will feel like a fool, yo!

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