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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (60412)3/3/2009 5:51:36 AM
From: TideGlider3 Recommendations  Read Replies (1) | Respond to of 224748
 
LOL BFD!! Poor innocent poorly bred car thief! A cretin cashing in! Cop made an emotional mistake. He will stand charges and possible removal. She will be out there doing as she pleases and laughing harder. I hardly think it is something you should celebrate Kenneth.

mofopolitics.com



To: Kenneth E. Phillipps who wrote (60412)3/3/2009 8:26:52 AM
From: lorne4 Recommendations  Respond to of 224748
 
Oh no ken...descent in the lower ranks... they dare to challenge the ...one..... Is that a sin now?

Obama's cap, trade irk some in party
Senators wary of state costs
S.A. Miller (Contact)
Monday, March 2, 2009
washingtontimes.com

Senate Democrats are breaking with President Obama over his plan for sweeping new climate-change laws that he says will rake in billions of dollars to help offset massive budget deficits.

The dissenters, mostly Democrats from Rust Belt states likely to be hit hardest by the proposed environmental rules, question the economic impact of the program that would cap carbon-dioxide emissions and then sell to businesses the right to emit that carbon dioxide.

The senators also want their states to get a chunk of the windfall from selling the credits - $646 billion over 10 years by Mr. Obama's estimate.

"We should ensure that revenue generated by a cap-and-trade system goes back to the consumers, states and industries that are most affected by the changes," said Sen. Sherrod Brown, Ohio Democrat.

But Mr. Obama wants to spend about two-thirds of the money on tax cuts for low- and middle-income families to soften the bite of higher energy prices expected to result from the cap-and-trade law.

He also wants to move fast, passing the legislation within the next year in order to start collecting by 2012 what the administration calls "climate revenue."

Mr. Brown and other Democrats with misgivings about the proposal said they share the president's commitment to addressing climate change and decreasing U.S. dependence on foreign oil. But they wondered at what cost.

Sen. John D. Rockefeller IV, West Virginia Democrat, said the administration and Congress must not ignore other climate-change solutions, such as scientific research into capturing carbon dioxide and sequestering it in the ground.

"The president's plan for a cap-and-trade system is ambitious, but the senator is not completely convinced that it is the best or only solution to curbing carbon emissions," Rockefeller spokesman Steven Broderick said. "We need to be sure we don't negatively impact the economy."
But dissatisfaction among rank-and-file Senate Democrats is not the only potential pitfall.

The plan's massive scope and high price, as well as a rapid implementation schedule, provide a large target for opponents and give pause to some would-be supporters.

"We want to thank the administration for killing all industry support for cap-and-trade," said William Kovacs, the top energy specialist at the U.S. Chamber of Commerce. "President Obama has consolidated the opposition."

Even the Edison Electric Institute, the utility lobby that bucked other energy lobbies to endorse last year's cap-and-trade bill, said Mr. Obama's proposal was too aggressive.

"We much prefer the model that we have articulated," EEI spokesman James Owen said, because green technologies are still being developed and the company feels that moving too quickly into a full-blown cap-and-trade system will be a costly burden both for utilities and their customers.

The White House's allies shrug off such complaints, saying Mr. Obama is merely making good on his campaign promises.

"The only way industry should be surprised by this is that they haven't paid attention for the last 18 months," said Daniel J. Weiss, director of climate strategy at the Center for American Progress, a liberal Washington think tank.

Sen. Barbara Boxer, California Democrat and chairman of the Environment and Public Works Committee, heralded the president for presenting "a clear path toward passage of a strong global-warming bill."

"With the latest science on global warming pointing to the need for urgent action, this breakthrough comes not a moment too soon," Mrs. Boxer said. "This budget makes it clear that President Obama fully intends to keep his promise to prevent the ravages of global warming while investing in clean energy that will lead to a brighter economic future."

Still, 15 Senate Democrats have signed on to a letter stating principles for cap-and-trade legislation that would "ensure that consumers and workers in all regions of the U.S. are protected from undue hardship."

The signatories include Mr. Brown, Mr. Rockefeller, Sens. Debbie Stabenow and Carl Levin of Michigan, Blanche Lincoln and Mark Pryor of Arkansas, Jim Webb of Virginia, Evan Bayh of Indiana, Claire McCaskill of Missouri and Ben Nelson of Nebraska.

They have been joined by Democratic Sens. Jeff Bingaman of New Mexico, Robert C. Byrd of West Virginia, Kent Conrad and Byron L. Dorgan of North Dakota, and Tim Johnson of South Dakota.

The tenets, outlined in a June 2008 letter to Mrs. Boxer and Senate Majority Leader Harry Reid of Nevada, include demands for cost controls and prevention of economic hardship; equitable treatment of affected states; price relief for families facing higher energy bills; and protections for U.S. manufacturing jobs.

"Senator Webb believes that the U.S. must work in concert with the world community to achieve meaningful, long-term reductions in carbon dioxide emissions," said his spokeswoman, Jessica Smith. "As proposals are being debated in the Senate, he believes that scientific principles should be applied in a way that both preserves our environment and allows for sensible economic growth."

Satisfying both environmental and economic priorities with a cap-and-trade law is a daunting task. The White House hopes to gain leverage by using the new revenue to pay for Mr. Obama's signature "Making Work Pay" middle-class tax breaks.

"Cap-and-trade system will have some effects on households," White House budget director Peter R. Orszag said last week. "That's one reason we are linking the cap-and-trade program to making work pay."

Similar concerns among a significant faction of Senate Democrats helped kill a somewhat less ambitious cap-and-trade bill last year. This time, however, the effort will benefit from White House support that was absent under President



To: Kenneth E. Phillipps who wrote (60412)3/3/2009 12:25:14 PM
From: Hope Praytochange2 Recommendations  Read Replies (1) | Respond to of 224748
 
kennyboy: more taxcheaters ???? What's this
By Doug Palmer

WASHINGTON (Reuters) - Obama's nominee to be U.S. trade representative, former Dallas Mayor Ron Kirk, has agreed to pay nearly $10,000 in back taxes after errors were found in his past returns, the Senate Finance Committee said on Monday.

Kirk is the fifth of Obama's nominees to run into trouble over unpaid taxes following Obama's campaign promises to bring a higher standard of ethics into government.

White House officials described Kirk's errors as minor. "We are confident that Mayor Kirk will be confirmed," said White House spokesman Ben LaBolt.

Senate Finance Committee Chairman Max Baucus, a Montana Democrat, said he believed Kirk was "the right person for this job" and promised to move his nomination quickly. The panel will hold a hearing on Kirk's nomination next Monday.

A review of Kirk's tax returns for 2004 through 2007 revealed he failed to pay income taxes on $37,750 in speaking fees he donated to his alma mater, Austin College.

He also claimed a bigger expense for Dallas Maverick basketball tickets and for tax and accounting fees he paid as a partner in his law firm than he was entitled.

The panel also found errors in Kirk's charitable deductions that prompted him to revalue a television set he donated at $1,500 instead of $3,000.

Kirk, who was picked by Obama in December for the trade job, told the panel he initially believed the speaking fees he received were not taxable because he gave them to Austin College to fulfill a scholarship pledge.

However, last October, Kirk paid $2,327 in back taxes and interest charges for a speaking honorarium and dividends he failed to report as income in 2006 after the Internal Revenue Service spotted the error, the panel said.

That prompted the Finance Committee to examine whether Kirk should have reported all of the speaking fees he gave to Austin College as income, the panel said.

Kirk met with the Finance Committee staff on February 19 to answer questions about his past returns and submitted additional information to the committee last week.

Republicans said they were still reviewing the tax errors and the steps Kirk has taken to correct the approximately $9,975 in back taxes he owes.

U.S. Treasury Secretary Timothy Geithner had to pay $34,000 in late self-employment taxes, but still won confirmation by the Senate.

Labor Secretary Hilda Solis faced questions over her husband's business taxes and was also confirmed.

But Tom Daschle, Obama's first choice to be health secretary, withdrew from consideration after paying $140,000 in back taxes and penalties.

Nancy Killefer, Obama's choice to oversee budget and spending reform, also withdrew over tax issues.

(Additional reporting by Caren Bohan; editing by Jackie Frank)

WHAT OTHERS HAVE SAID ABOUT THIS NEWS STORY (SHOW) What's this?
RIGHT ON ROBIN

POSTED BY: jim on TUE, MAR 03, 2009 01:37 PM -0500

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the rich love the riches! They do what they can toi hang onto them-

POSTED BY: tweeter on TUE, MAR 03, 2009 12:59 PM -0500

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Yahoo It would be nice to actually see what others are posting why have the comment box if you can't read the comments, it's been weeks. Shouldn't someone at Yahoo catch this buy now, O I forgot it's not google oops

POSTED BY: Robin on TUE, MAR 03, 2009 12:25 PM -0500

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So glad Kirk has agreed to pay back taxes. What integrity! The rest us we don't make enough to find loopholes or create them where they don't exist. I'm as starting to waver just a tiny bit on my huge support for Obama although the alternative is just awful.

POSTED BY: Arnie. on TUE, MAR 03, 2009 12:08 PM -0500

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With Kirk's thinking, if I give a thousand dollars to charity then I don't have to declare a thousand dollars in earnings. Any ordinary reasonable person would see that as double dipping. Both he and his so called tax accountant are either stupid, dishonest or pushing the envelope. Its about time that Obama hires a real tax accountant to review the taxes of his nominees. Americans seem to believe one should give as much as you can to charity and as little as possible to government.

POSTED BY: Arnie. on TUE, MAR 03, 2009 12:01 PM -0500



To: Kenneth E. Phillipps who wrote (60412)3/3/2009 1:58:41 PM
From: JakeStraw3 Recommendations  Read Replies (1) | Respond to of 224748
 
The Obama Economy

As the Dow keeps dropping, the President is running out of people to blame.
online.wsj.com