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 : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (73811)	9/4/2009 11:34:55 AM
From: Sully-	1 Recommendation Read Replies (1) \| Respond to of 90947

Me - At first I thought this was a Scrappleface article by Scott Ott. Wrong! *********************************************************** Obama's Speech to Congress Is Last-Ditch Effort at Bipartisanship FOXNews.com Thursday, September 03, 2009 President Obama is giving bipartisanship one last chance. ..... foxnews.com

To: Oeconomicus who wrote (73811)	9/4/2009 6:31:59 PM
From: TimF	1 Recommendation Read Replies (2) \| Respond to of 90947

FIRE RANGEL Has he no shame? Of course not. He's Charlie Rangel, head of the tax-writing House Ways and Means Committee -- who can't be bothered to tend to his own tax returns, but now intends to punish ordinary folks for making arguably minor mistakes on their forms. The Post's Charles Hurt reported yesterday that Rangel's committee seeks to reduce legal defenses and increase fines and penalties on taxpayers undergoing IRS scrutiny for what they assert are innocent errors. Among other things, Rangel's bill would even prohibit the IRS from forgiving taxpayers who erred in good faith -- though that would be a very generous interpretation of his own tax troubles. In just the last year, Rangel has been forced to file late-disclosure reports involving millions from land transfers and unreported business deals. Such transgressions should preclude Rangel from even voting on tax legislation, let alone writing any. Indeed, we wouldn't be all that surprised in the least if there were a Charlie Rangel exclusion clause written into the IRS-crackdown bill discovered by Hurt. Just kidding. But it's no joke. House Speaker Nancy Pelosi needs to remove Rangel from his Ways & Means chairmanship. He has long since lost the credibility necessary for a sensitive House position -- and if Pelosi doesn't move on Rangel soon, she's going to be in the same boat. nypost.com