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

To: Brumar89 who wrote (624507)	8/15/2011 5:34:38 PM
From: joseffy	Respond to of 1576287

Obama Administration Bows To Chinese Pressure On Taiwan Arms Sales; Will Cost U.S. 16,000 Jobs .............................................................................................................................. by Niccolo Machiavelli Aug 15th 2011 bigpeace.com OBAMA BETRAYS ANOTHER US ALLY “We are disappointed in the United States.” That’s a sentiment we seem to hear all too often from our allies these days. A Taiwan Ministry of National Defense official uttered those words to Defense News with word that the Obama Administration will deny his country new F-16 fighters. As Defense News puts it, the Obama Administration’s decision came as a result of “bowing to Chinese pressure.” Instead of the 66 F-16C/Ds that were requested, the Pentagon is instead going to provide “upgrades” of the current Taiwanese system. No Taiwan, you can’t have these… And the Obama Administration’s decision also most a loss of American jobs. A financial analysis firm, the Perryman Group, had estimated that the Taiwan purchase would have created more than 16,000 jobs and $768 million in federal tax revenue. China currently holds around 8 percent of U.S. debt. There are now fears that we could be “losing Taiwan,” as it drifts out of the U.S. orbit. That would “change everything from the operational arch perspective to the posture of Japan and the U.S.” in the region, said retired Admiral Walter Doran, who once commanded the U.S. Pacific Fleet.

To: Brumar89 who wrote (624507)	8/15/2011 5:45:39 PM
From: J_F_Shepard	2 Recommendations Read Replies (2) \| Respond to of 1576287

Buffet proposal... I would leave rates for 99.7 percent of taxpayers unchanged and continue the current 2-percentage-point reduction in the employee contribution to the payroll tax. This cut helps the poor and the middle class, who need every break they can get. But for those making more than $1 million — there were 236,883 such households in 2009 — I would raise rates immediately on taxable income in excess of $1 million, including, of course, dividends and capital gains. And for those who make $10 million or more — there were 8,274 in 2009 — I would suggest an additional increase in rate. My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.