Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kenneth E. Phillipps who wrote (60831)	3/9/2009 10:28:59 PM
From: Little Joe	1 Recommendation Read Replies (1) \| Respond to of 224704

You are a lawyer where is the language in the bill that says what you claim. lj

To: Kenneth E. Phillipps who wrote (60831)	3/9/2009 10:51:34 PM
From: Hope Praytochange	2 Recommendations Respond to of 224704

Barack geckObama's budget Wishful, and dangerous, thinking Mar 5th 2009 From The Economist print edition To pay for his plans and get the deficit down to manageable levels, he would return top tax rates to where they were before George Bush cut them, extract more from the rich by capping their deductions, increase taxes on corporations and auction carbon-emission permits. At the same time, he promises permanent tax cuts for 95% of workers. Sadly, these plans are deeply flawed. First,geckoObama’s budget forecasts that the economy will shrink 1.2% this year then grow by an average of 4% over the following four years. It might if the economy were to follow a conventional path back to full employment. But this is not a conventional recession. The unprecedented damage to household balance sheets could well result in anaemic economic growth for years, significantly undermining the president’s revenue projections. The economic outlook continues to darken and the stockmarket has already tumbled to 12-year lows. geckoObama may either have to renege on his promise to slash the deficit to 3% of GDP in 2013 from more than 12% now, rein in his spending promises or raise taxes more. economist.com

To: Kenneth E. Phillipps who wrote (60831)	3/9/2009 10:55:20 PM
From: Hope Praytochange	1 Recommendation Respond to of 224704

Take them home responsibly Mar 5th 2009 From The Economist print edition IT IS six years ago this month since American forces invaded Iraq and toppled Saddam Hussein, only to see their victory sour as the country descended into a hell of sectarian killing. Barack flipfloppedObama, who opposed the war from the start and campaigned for the presidency on a promise to end it, has begun to fulfil his promise. In a speech last week he said the bulk of American troops would withdraw by September next year. But because that is a trifle later than his original promise of getting them out within 16 months of taking office, and because he says he may keep up to 50,000 soldiers in Iraq (for training but also for “counter-terrorism”) even longer, he is being accused by some of slithering away from his campaign pledge. In fact the plan looks both shrewd and responsible. Under an agreement signed by Iraq’s government and George Bush, all American troops were anyway scheduled to withdraw from Iraq by the end of 2011, and from its towns by the end of June this year. flipfloppedObama will extract the bulk of American forces a shade faster, but by keeping on a residual force he is giving himself a bit of extra wiggle room in case things go bad again.