Obama's first hundred days: Make good laws, not deals
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#1 Jan 6, 2009
she writes of Obama " He should also halve corporate tax rates, currently some of the world's highest, and reduce the capital gains rate to 5 percent."
I agree with her prescription, but Obama will never do that as Democrats do not decrease taxes...period. The last time was JFK and that was only because he absolutely had to as tax rates were so high even Democrats understood their ill effect. Obama will not decrease anything. He's talking about a tax "cut" which is actually a rebate, in the form of less withholding from paychecks (no details provided yet of course), to the middle class. He certainly won't decrease our ultra-high corporate taxes as the Left in this country has convinced enough people that corporations don't pay enough taxes and they should pay more. Capital gains taxes won't be cut because the Left has brain-washed enough people into thinking only rich people pay capital gains taxes.
The saga continues. Obama will do nothing to increase economic activity via what the writer correctly states should happen...if anything, he'll raise the capital gains taxes and increase the corporate tax rates.
#2 Jan 6, 2009
There you go Price tag unclear. He will destroy whats left of America.
#3 Jan 6, 2009
Funds Tie Obama to Richardson Probe Figure
Funds Tie Obama to Richardson Probe Figure Embattled Executive David Rubin Gave Thousands to Campaign By JUSTIN ROOD
Jan. 6, 2009—
President-elect Barack Obama took big money from a man at the center of a federal probe that has forced one of Obama's top Cabinet picks to withdraw.
Financial records show the Obama campaign got more than $30,000 from California financier David Rubin, the target of an investigation into donations and possible "pay-to-play" deals involving New Mexico Gov. Bill Richardson, Obama's pick for commerce secretary.
Richardson removed himself from consideration for the post Sunday, saying the ongoing grand jury investigation threatened to hold up his confirmation. Richardson and Rubin have both denied any wrongdoing in the matter, which involved contributions and state business in 2003 and 2004.
David Rubin Attended Exclusive Hollywood Fundraiser for Obama
In late September, Rubin attended an exclusive Los Angeles fundraiser for Obama, held at the Beverly Hills' Greystone Mansion. Attendees gave tens of thousands of dollars which the campaign split between its own coffers, the Democratic National Committee and state-level campaign groups supporting Obama and Democratic candidates. The technique helps campaigns take in from individuals far more than the $2,300 maximum they are allowed to give to a single campaign fund.
Rubin's money went to a joint Obama-DNC fund ($28,500), the DNC itself ($26,200), and to the Obama campaign ($2,300), according to the database of campaign donations at OpenSecrets.Org . News of the federal investigation into Rubin's New Mexico dealings had broken less than three weeks earlier.
Read more at abcnews.go.com ...
#4 Jan 6, 2009
May he meet Osama Bin Ladin!
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