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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (576323)	7/14/2010 4:57:16 PM
From: jlallen	3 Recommendations Respond to of 1575007

I agree. Not after 18 months of the worst mismanagement by Team Obambi.

To: Alighieri who wrote (576323)	7/14/2010 4:57:54 PM
From: jlallen	2 Recommendations Read Replies (1) \| Respond to of 1575007

The Bush Tax Cuts and the Deficit Myth Runaway government spending, not declining tax revenues, is the reason the U.S. faces dramatic budget shortfalls for years to come. JULY 13, 2010. By BRIAN RIEDL President Obama and congressional Democrats are blaming their trillion-dollar budget deficits on the Bush tax cuts of 2001 and 2003. Letting these tax cuts expire is their answer. Yet the data flatly contradict this "tax cuts caused the deficits" narrative. Consider the three most persistent myths: • The Bush tax cuts wiped out last decade's budget surpluses. Liberal Sen. John Forbes Kerry (D., Mass.), for example, has long blamed the tax cuts for having "taken a $5.6 trillion surplus and turned it into deficits as far as the eye can see." That $5.6 trillion surplus never existed. It was a projection by the Congressional Budget Office (CBO) in January 2001 to cover the next decade. It assumed that late-1990s economic growth and the stock-market bubble (which had already peaked) would continue forever and generate record-high tax revenues. It assumed no recessions, no terrorist attacks, no wars, no natural disasters, and that all discretionary spending would fall to 1930s levels. The projected $5.6 trillion surplus between 2002 and 2011 will more likely be a $6.1 trillion deficit through September 2011. So what was the cause of this dizzying, $11.7 trillion swing? I've analyzed CBO's 28 subsequent budget baseline updates since ... Message 26682361

To: Alighieri who wrote (576323)	7/14/2010 11:38:37 PM
From: tejek	Respond to of 1575007

As it turns out, crazy Bachmann is hard to work for........apparently, familiarity breeds contempt. Bachmann Staffers Keep Quitting Eric Kleefeld \| July 14, 2010, 3:13PM Rep. Michele Bachmann (R-MN) must be really hard to work for -- even staffers who seem to do a good job end up leaving. As Politico reported, Bachmann's chief of staff Ron Carey, a former Minnesota GOP chairman, has now become the fifth chief of staff to quit Bachmann's office during her mere three and a half years in Congress. A previous chief of staff had quit just this past November, and Carey was hired to be the new chief in February. In addition, Bachmann's campaign finance director Zandra Wolcott left the campaign, too. Think about this: Bachmann's fundraising has been great. In the last quarter she raised a whopping $1.7 million. Her Democratic opponent Tarryl Clark only raised $910,000 -- which by itself would have been impressive in this Midwestern district, but paled in comparison to Bachmann. And still, the staffers keep coming and going. tpmdc.talkingpointsmemo.com