SI
SI
discoversearch

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 (124863)2/27/2012 10:38:24 PM
From: Follies6 Recommendations  Read Replies (1) | Respond to of 224649
 
He is eliminating deductions so corporations will pay more.



To: Kenneth E. Phillipps who wrote (124863)2/27/2012 10:38:43 PM
From: TopCat2 Recommendations  Read Replies (1) | Respond to of 224649
 
 
"He is proposing a cut in the corporate tax rate so that corporations can compete more effectively with foreign competitors."

What made him change his mind?



To: Kenneth E. Phillipps who wrote (124863)2/27/2012 11:05:33 PM
From: Hope Praytochange3 Recommendations  Respond to of 224649
 



To: Kenneth E. Phillipps who wrote (124863)2/28/2012 10:06:16 AM
From: locogringo4 Recommendations  Respond to of 224649
 
This is WONDERFUL news, kenny_troll. No wonder you are going to vote Republican. I don't blame you for being tired of being a LOSER, like your president.

Is this George Bush's fault?

Today, coincidentally, Scott Rasmussen, the only pollster, to my knowledge, who is sampling likely voters this early in the cycle, found Mitt Romney leading Obama 45-33, while Ron Paul also leads Obama by a nearly identical 43-41. Trailing Ron Paul among likely voters is not where Obama wanted to be in his fourth year in office.

The large plurality of the voting population who have been convinced that Obama is doing a lousy job for the past two and a half years are not going to change their minds and vote to re-elect him because unemployment drops to 7.8%, or the price of a gallon of gasoline drops to only $1.50 more than when Obama was inaugurated. So come November, it is virtually certain that those who fervently want Obama evicted from office will outnumber those who fervently want him to be re-elected by a substantial margin.

powerlineblog.com



To: Kenneth E. Phillipps who wrote (124863)2/28/2012 10:06:19 AM
From: JakeStraw5 Recommendations  Respond to of 224649
 
>>He is proposing a cut in the corporate tax rate so that corporations can compete more effectively with foreign competitors.

Isn't it ironic Kenny Troll that when I advocated a cut in the corporate tax rate to help US companies compete globally, you were adamantly against it. Now that Obama is talking about it in an election year, you are suddenly for it. I guess that's equivalent to when you used to defend Reverend Wright up until Obama threw him under a bus...



To: Kenneth E. Phillipps who wrote (124863)2/28/2012 11:40:58 AM
From: TideGlider2 Recommendations  Read Replies (2) | Respond to of 224649
 
Home prices are lowest since 2002

By Les Christie | CNNMoney.com – 1 hour 6 minutes ago


    National home prices fell 4% in the fourth quarter of 2011, putting them back at levels last seen in mid-2002. That's the fifth consecutive annual loss and the biggest decline since 2008, when markets were in free fall and prices plummeted more than 18%. Prices have been falling since they topped out in 2006, and are down 33.8% from their peak, according to the S&P/Case-Shiller national home price index. "The housing market ended 2011 on a very disappointing note," said David Blitzer, spokesman for S&P. "While we thought we saw some signs of stabilization in the middle of 2011, it appears that neither the economy nor consumer confidence was strong enough to move the market in a positive direction as the year ended." After prices fell sharply in 2007 and 2008, declines over the past three years have been more modest. Many analysts thought markets were bottoming out and would soon stabilize, and even pick up. The last quarter of 2011, when national index prices fell a steep 3.8% from the third quarter, may have dashed those hopes. "While we thought we saw some signs of stabilization in the middle of 2011, it appears that neither the economy nor consumer confidence was strong enough to move the market in a positive direction as the year ended," said Blitzer. The S&P/Case-Shiller 20- and 10-city indexes recorded similar sharp declines during the quarter. Among individual cities, Atlanta recorded a 12.8% year-over-year fall, the worst of any city. Other big losers were Las Vegas, down 8.8%, Chicago which fell 6.5% and Seattle, which declined 5.6%. Detroit, where prices crept up 0.5% for the year, was the only city in the 20-city index to register a gain. In the past five months prices have declined at an annualized rate of more than 6%, according to Dean Baker, director with the Center for Economic and Policy Research, a trend he said is especially troubling. He cites some reasons for hope, however. Multi-million dollar foreclosures "Case-Shiller is a lagging indicator and most of the contracts reflected in this report were signed in August and September," he said. "The latest economic data shows a much brighter picture." Industrial production has been up and unemployment has dropped. "The economy is stronger now than in the first half of 2011 and that will filter down to home prices," said Baker. View this article on CNNMoney