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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: gamesmistress who wrote (350061)	2/22/2010 2:16:36 PM
From: DMaA	18 Recommendations Respond to of 793838

Fox is reporting that the President's bill imposes $billions in new taxes on insurance companies. On the one hand they raise their costs, on the other hand they prevent them from passing on these new costs. This is a the mafia's tactics for taking over a business.

To: gamesmistress who wrote (350061)	2/22/2010 3:29:38 PM
From: gamesmistress	4 Recommendations Read Replies (1) \| Respond to of 793838

Another dark horse candidate for 2012: Mitch Daniels of IN. There's a Lot to Like About Mitch, but We Won't Beg campaignspot.nationalreview.com Since the 2008 election ended, Indiana governor Mitch Daniels has stood out as one of the more intriguing names among 2012 GOP presidential contenders. He's now saying he's open to the idea of running for president, although he doesn't sound particularly enthusiastic. Any governor who can generate surpluses and avoid tax hikes while many other states look like economic basket cases deserves a long look. A quick summary of his economic management from Barron's: Daniels is a man of deep thought and bold action. His state has one of the strongest balance sheets in the country, largely because of his stewardship. Most states have huge deficits; Indiana has none. Daniels eradicated a $1 billion shortfall, beginning in 2005 and built up an even bigger rainy-day fund — $1.3 billion. He pared government spending, sold a toll road to private investors at an enormous profit, and attracted new business to the state. Revenues are off steeply, so he will use $300 million of the surplus in fiscal 2010 so that taxes won't rise in a recession. Revenues, which are below 2007 levels, aren't expected to recover soon. The rainy-day fund will last through June 30, 2011. The economy should be growing by then. Indiana's combined state and local tax rate is below the national average, although the state's rank has crept up a bit during Daniels's term. I can hear the cries now: "He's boring!" Yes, but I think by 2012, boring might look pretty appealing, and the ability to get tens of thousands to chant "Yes, we can" in unison will be a declining asset.