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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: DanDerr who wrote (123008)	10/8/2012 11:23:02 AM
From: tejek	Read Replies (2) \| Respond to of 149317

And Jeff Immelt, Friend of Obama, is just super, eh?? You need to keep up.........that friendship ended quite a while ago. Immelt wasn't the guy he pretended to be: GASPARINO: Here's Why GE CEO Jeff Immelt Is Going To Stab Obama In The Back Yesterday we mentioned a report from Charlie Gasparino that Jeff Immelt (the CEO of GE and the head of Obama's jobs council) was going to support Mitt Romney in November. In a new New York Post column, Gasparino expands on Immelt's desertion of Obama. Basically, the report is that Immelt only joined Obama's jobs council because he thought he could move Obama right. Friends describe Immelt as privately dismayed that, even after three years on the job, President Obama hasn’t moved to the center, but instead further left. The GE CEO, I’m told, is appalled by everything from the president’s class-warfare rhetoric to his continued belief that big government is the key to economic salvation. read more............... Read more: articles.businessinsider.com

To: DanDerr who wrote (123008)	10/8/2012 11:25:57 AM
From: tejek	Read Replies (1) \| Respond to of 149317

Democrats nationwide run against Todd Akin Democrats are running hard against Todd Akin in Missouri — and in Washington state, New York, Arizona and California.The Republican Senate candidate whose comments about “legitimate rape” caused a stir in August has become Democrats’ favorite opponent, even in places where he’s not on the ticket. read more.................. politico.com

To: DanDerr who wrote (123008)	10/8/2012 12:53:48 PM
From: Jim McMannis	1 Recommendation Respond to of 149317

Remember when Microsoft (Billy Gates) convieniently beat estimates by 1 penny? Quarter after quarter back in the 90's. Meanwhile Bill went richer and richer. ------------------- Meanwhile... How Much is Buffett’s Berkshire Hathaway Back-Tax Bill Exactly? About $1 Billion Posted on August 30, 2011 at 5:57pm by Tiffany Gabbay http://www.theblaze.com/stories/how-much-is-buffetts-berkshire-hathaway-back-tax-bill-exactly-about-1-billion/ On Monday, The Blaze reported that Warren Buffett’s company, Berkshire Hathaway, owes back taxes dating to 2002. The news is significant because in a recent op-ed column for the New York Times, Buffett, one of President Obama’s staunchest supporters, stated that, to now, the “super wealthy” have been coddled and deserve to be taxed at an even higher rate than they currently are. When Buffett made his revelation earlier in the month, most assumed his company was up-to-date on its taxes. That assumption has turned out to be incorrect, however — and to a substantial degree perhaps. According to Berkshire’s 2010 annual report, the company has been in a near decade-long struggle with the IRS over its own taxes. Using public documents, a certified public accountant detailed Berkshire’s tax problems to Americans for Limited Government researcher Richard McCarty, revealing the damage could be close to $1 billion. Netright Daily adds: According to page 56 of the company report, “At December 31, 2010… net unrecognized tax benefits were $1,005 million”, or about $1 billion. McCarty explained, “Unrecognized tax benefits represent the company’s potential future obligation to the IRS and other taxing authorities. They have to be recorded in the company’s financial statements.” He added, “The notation means that Berkshire Hathaway’s own auditors have probably said that $1 billion is more likely than not owed to the government.” $1 billion is not an insignificant chunk of change, even for Buffett, representing about 0.2 percent of the company’s $372 billion in total assets