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Latest Articles: United States News
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes
Post Date: 2010-10-21 12:16:17 by go65
4 Comments
Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting -- involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” -- helped reduce its overseas tax rate to 2.4 percent, the lowest of the top five U.S. technology companies by market capitalization, according to regulatory filings in six countries. “It’s remarkable that Google’s effective rate is that low,” said Martin A. Sullivan, a tax economist who formerly worked for the U.S. Treasury Department. “We know this company ...
U.S. Leading Economic Indicators Increase for Third Month
Post Date: 2010-10-21 12:15:30 by go65
1 Comments
The gauge of the U.S. economy’s prospects rose in September for a third month, signaling the recovery will extend into 2011. The New York-based Conference Board’s index of leading economic indicators climbed 0.3 percent, matching the median forecast of 57 economists surveyed by Bloomberg News. The number of claims for jobless benefits last week was consistent with little progress in the labor market, another report showed. Improving earnings forecasts by companies from EBay Inc. to Caterpillar Inc. propelled a rally in stocks, bolstering the view that gains in consumer spending, business investment and exports will keep the world’s largest economy afloat. At the same time, ...
Leftist NPR Ends Williams' Contract After Muslim Remarks
Post Date: 2010-10-21 08:54:29 by A K A Stone
24 Comments
NPR News has terminated the contract of longtime news analyst Juan Williams after remarks he made on the Fox News Channel about Muslims. Williams appeared Monday on The O'Reilly Factor, and host Bill O'Reilly asked him to comment on the idea that the U.S. is facing a dilemma with Muslims. O'Reilly has been looking for support for his own remarks on a recent episode of ABC's The View in which he directly blamed Muslims for the Sept. 11, 2001, attacks. Co-hosts Joy Behar and Whoopi Goldberg walked off the set in the middle of his appearance. Williams responded: "Look, Bill, I'm not a bigot. You know the kind of books I've written about the civil rights movement ...
Democrat Baby Killer Rep. Steve Driehaus Doesn't Want You To Know He Voted To Allow Tax Payer Money To Be Used To Murder Babies
Post Date: 2010-10-21 08:47:49 by A K A Stone
2 Comments
Rep. Steve Driehaus (D-Ohio) got himself into deep water when he took a principled stand to defend life earlier this year -- then buckled to his pro-abortion leadership to vote in favor of passing Obamacare. The legislation passed by Democrats allows the use of taxpayer dollars to fund abortion on demand through government-run insurance plans. Marjorie Dannenfelser, President of the Susan B. Anthony List (SBA List), is being threatened with possible jail time for informing voters that Driehaus voted in favor of taxpayer-funded abortion with his vote for Obamacare. “Ironically, ours is the position that so-called ‘pro-life’ Democrats themselves held before they changed ...
US man guilty of urging attack on South Park writers
Post Date: 2010-10-20 19:45:08 by WhiteSands
1 Comments
A US man has pleaded guilty to supporting a Somali Islamist militant group and encouraging attacks on the writers of cartoon show South Park. Prosecutors said Zachary Adam Chesser, 20, was outraged by the cartoon's perceived mockery of the prophet Muhammad. Chesser sought twice to travel to Somalia to join al-Shabab, which the US designates as a terrorist group. The American Muslim convert faces up to 30 years in prison. 'Solicitation to murder' Prosecutors said Chesser of Fairfax County in the state of Virginia also posted to an Islamist militant website the personal contact information of people who had joined an "Everybody Draw Muhammad Day" Facebook group. ...
Latinos Only? Fla. Immigration Law Exempts Canadians, Europeans
Post Date: 2010-10-20 19:36:33 by Brian S
2 Comments
A proposed Florida immigration law that mimics the controversial one in Arizona has a provision in it that exempts Canadians and citizens of many European countries from tougher police scrutiny, prompting critics to say the law is blatantly targeted at Latinos. Under the Florida law proposed by Attorney General Bill McCollum and state Rep. William Snyder, police would be obliged to look into an individual's immigration status if the officer has "reasonable suspicions" the person may be in the country illegally. But a provision in the law first reported on by Tim Elfrink at the Miami New Times states that officers are to assume that a person carrying a Canadian passport or a ...
Barney Frank gives $200K to his campaign
Post Date: 2010-10-20 17:08:46 by WhiteSands
1 Comments
Longtime Massachusetts Rep. Barney Frank has given his re-election campaign $200,000 as he faces his toughest race in years. A campaign finance report filed Tuesday showed that Frank, the chairman of the powerful House Financial Services committee, lent himself the money Tuesday. Frank, a 15-term lawmaker from Newton, Mass., raised $316,644 last quarter and reported more than $1 million on hand with no debts. His campaign didn’t immediately respond to a request for comment. The chairman is facing one of his toughest fights in recent memory against Republican Sean Bielat, a 35-year-old Marine veteran with degrees from Georgetown, Harvard and the University of Pennsylvania. Republican ...
Soros Donates $1 Million to Media Matters
Post Date: 2010-10-20 16:56:17 by WhiteSands
1 Comments
Media Matters, the liberal activist group that wages a rhetorical war against Fox News Channel and others in the conservative press, will announce on Wednesday the receipt of a $1 million donation from the philanthropist George Soros. In a statement obtained by The Caucus, the organization says it plans to use the money to intensify its efforts to hold the Fox host Glenn Beck and others on the cable news channel accountable for their reporting. “Fox has transformed itself into a 24-7 G.O.P. attack machine, dividing Americans through fear-mongering and falsehoods and undermining the legitimacy of our government for partisan political ends,” the group will say in the statement, to ...
Judge rejects Obama's 'don't ask, don't tell' argument
Post Date: 2010-10-20 16:54:08 by WhiteSands
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WASHINGTON — A district court judge Tuesday rejected the Obama administration's claims that allowing gays and lesbians to begin openly serving in the military could hurt their efforts to study the effects of repealing the ban. If the government appeals it would go to the 9th U.S. Circuit Court of Appeals next and ultimately to the U.S. Supreme Court. But there is no certainty on how either court would rule. Last month, U.S. district court Judge Virginia Phillips promised a injunction against "don't ask, don't tell" after she found that the 17-year-old policy, which bars gays and lesbians from disclosing their sexual orientation, violated service members' ...
NAACP releases report accusing tea party groups of links to bigots
Post Date: 2010-10-20 16:30:59 by WhiteSands
2 Comments
Three months ago in Kansas City, the NAACP first raised charges of racism within the tea party movement. Today a report is being released accusing tea party groups of providing platforms to anti-Semites and other bigots. “These groups and individuals are out there, and we ignore them at our own peril,” said NAACP President Benjamin Todd Jealous in a statement announcing the report. “They are speaking at tea party events, recruiting at rallies, and in some cases remain in the tea party leadership itself.” The 94-page report is being released by the National Association for the Advancement of Colored People in a teleconference today. In July, NAACP delegates passed a ...
Wall Street Bailout Returns 8.2% Profit Beating Treasury Bonds
Post Date: 2010-10-20 16:21:50 by go65
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The U.S. government’s bailout of financial firms through the Troubled Asset Relief Program provided taxpayers with higher returns than yields paid on 30- year Treasury bonds -- enough money to fund the Securities and Exchange Commission for the next two decades. The government has earned $25.2 billion on its investment of $309 billion in banks and insurance companies, an 8.2 percent return over two years, according to data compiled by Bloomberg. That beat U.S. Treasuries, high-yield savings accounts, money- market funds and certificates of deposit. Investing in the stock market or gold would have paid off better. When the government first announced its intention to plow funds into ...
The Federal Reserve is Deaf, Dumb and Blind [They're Bleeding the Middle-Class Dry ON PURPOSE]
Post Date: 2010-10-20 15:45:08 by Capitalist Eric
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IT WAS REPUTEDLY GEORGE ORWELL WHO SAID “SOME IDEAS ARE SO STUPID only an intellectual can believe them.” He could have been talking about the Federal Reserve... As touched on earlier this week, the foreclosure fraud debacle just keeps getting better. In the latest news thus far, JPMorgan and other major lenders have become sitting duck targets for the State Attorney General. Which state, you ask? Take your pick... there are seven different ones (and counting) to choose from. “You’re going to see a tremendous amount of activity with all the AGs in the U.S.,” Ohio Attorney General Richard Cordray told Bloomberg. “We have a high degree of skepticism that the ...
Sold-Out Crowd Gives Former President Bush Three Standing Ovations During Speech
Post Date: 2010-10-20 15:40:14 by no gnu taxes
2 Comments
Former President George W. Bush pulled back the curtain of the Oval Office and gave East Texans a picture of what his job was like during the high and low points. With trademark humor and conviction, he said he sought to lead with vision and optimism and to leave the office equal to or better than it was when he arrived. "Here's what you learn," he said. "You realize you're not it. You're a part of something bigger than yourself." Bush spoke Tuesday before a sold-out crowd of 2,000 people during the 76th lecture as part of The University of Texas at Tyler's Distinguished Lecture Series. He walked on the stage to a standing ovation. People in the ...
Fagg Sticks It To 21 Year Old Man
Post Date: 2010-10-20 15:27:45 by no gnu taxes
2 Comments
A Billings man who helped his roommate commit three armed robberies in one day to raise cash for rent was sentenced Tuesday in District Court. Jonathan Michael Witham, 21, was sentenced by Judge Russell Fagg to eight years with the state Department of Corrections, with four years suspended, for felony robbery by accountability. Fagg agreed to recommend Witham for a state boot camp program, and he dismissed two other felony robbery by accountability charges in accordance with a plea agreement. Fagg rejected a request by Witham’s attorney for a deferred sentence, saying the crime was too serious and showed a “total lack of any fundamental common sense” by Witham. Defense ...
Republican Kirk Takes Lead in Race for 0bama's Old Senate Seat
Post Date: 2010-10-20 14:59:18 by Happy Quanzaa
1 Comments
Republican Congressman Mark Kirk is now leading Democrat Alexi Giannoulias in Illinois’ up-and-down race for the former U.S. Senate seat of President Barack Obama, according to the latest Rasmussen poll. While this is one of the key races that could enable Republicans to take control of the Senate, a no less important, but symbolic, element of the race is that Obama could see his own once seemingly safe seat fall into GOP hands. It would be one more blow to his midterm fortunes. With Roland Burris – who was appointed to see out the president’s term by controversial Governor Rod Blagojevich – retiring, the election is being contested by the 34-year old Alexi Giannoulias ...
As G.O.P. Seeks Spending Cuts, Details Are Scarce
Post Date: 2010-10-20 14:53:17 by go65
40 Comments
In Alaska, the Republican candidate for the Senate, Joe Miller, talks about “out of control spending.” And in Arizona, Jesse Kelly, a Republican hoping to oust Representative Gabrielle Giffords, says, “We’re spending our way into bankruptcy.” If there is a single message unifying Republican candidates this year, it is a call to grab hold of the federal checkbook, slam it closed and begin to slash spending. To bolster their case that action is needed, Republicans are citing major legislation over the four years that Democrats have controlled Congress, notably the financial system bailout, the economic stimulus and the new health care law. But while polls show that ...
Boxer-Dog Now Trailing in CA?
Post Date: 2010-10-20 14:47:39 by no gnu taxes
0 Comments
State of the Race in California The poll reveals narrow Republican advantages in both top statewide races. Key Findings Carly Fiorina currently leads by three points against Barbara Boxer in the race for United States Senate from California. U.S. Senate Ballot Total Fiorina 46% Total Boxer 43% Total Other Candidates 5% Undecided 6% Meg Whitman leads by one point in the race for Governor of California. Governor’s Ballot Total Whitman 45% Total Brown 44% Total Other Candidates 4% Undecided 7%
TSA Resistance Movement -- Pilot Refuses Full-Body Scan, Says TSA Doesn’t Make Travel Safer
Post Date: 2010-10-20 14:42:44 by jwpegler
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A Tennessee pilot who says he’s tired of being manhandled by security agents is waiting to see if he will lose his job because he refused a full body scan. ExpressJet Airlines first officer Michael Roberts was chosen for the X-ray scan Friday at Memphis International Airport. The Houston-based pilot says he also refused a pat-down and went home. The 35-year-old Roberts told The Commercial Appeal newspaper he wants to go to work and not be “harassed or molested without cause.” Transportation Security Administration spokesman Jon Allen says a person was turned away after refusing to follow federal security procedures but declined to say if it was Roberts, citing privacy ...
Every big Senate race just got closer (PA, WI, CO, KY)
Post Date: 2010-10-20 14:17:12 by go65
7 Comments
A new wave of polling shows virtually every close Senate race growing even more competitive, raising the pressure on both parties in the final days of the midterm campaign. In several states, Democratic candidates are on the upswing. Pennsylvania Rep. Joe Sestak, after trailing Republican Pat Toomey for months, took slim, 1- and 3-point leads in a pair of surveys released this week. In Colorado, Democratic Sen. Michael Bennet cut Republican prosecutor Ken Buck’s advantage to a 3- point gap in a Reuters/Ipsos poll that placed Buck 9 points up as recently as August. In Wisconsin, a survey from Wisconsin Public Radio and St. Norbert College placed Democratic Sen. Russ Feingold closing ...
Tennessee County Expands Its Divisive Subscription Fire Policy
Post Date: 2010-10-20 13:39:03 by Brian S
2 Comments
Tempers flared inside a northwestern Tennessee courtroom Monday night as residents and local firefighters argued about the expansion of a local subscription-only fire-department policy, one that has ignited debate across the country. Three weeks ago, an elderly couple in Obion County, Tennessee, lost their trailer and four pets when firefighters refused to extinguish the conflagration. The trailer was located in a rural section of the county that does not have its own fire department, so five surrounding municipalities respond as needed, with three others responding only to subscribers. Gene and Pauline Cranick had forgotten to pay an annual $75 subscription fee for rural fire protection - ...
6 Months After Oil Spill, Much Remains Unknown
Post Date: 2010-10-20 13:37:56 by Brian S
2 Comments
NEW ORLEANS – The crude has stopped gushing and coastlines are largely clear of the thick goo that washed ashore for months, but the impact of the worst offshore oil spill in U.S. history will no doubt linger for years. Six months after the April 20 Deepwater Horizon explosion, the environment and economy of the entire northern Gulf of Mexico region remain in a state of uncertainty, with overturned livelihoods, out-of-work fishermen, reluctant tourists, widespread emotional anguish and untold damage to the sea and its shores. It could be years before the spill's true effects are understood. The science is largely scattered about what the roughly 200 million gallons of oil that ...
Will the Federal Reserve Cause a Civil War?
Post Date: 2010-10-20 13:17:37 by Capitalist Eric
3 Comments
Will the Federal Reserve Cause a Civil War? Bernanke critics are on the attack (Joe Raedle/Getty Images) What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope. Try the Federal Reserve. November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what ...
O’Donnell Was Factually Right, Coons and Widener Law Students Were Shockingly Foolish
Post Date: 2010-10-20 12:43:44 by no gnu taxes
0 Comments
The First Amendment establishes that Congress shall declare no official nationwide religion. The First Amendment does not ban the mention of religion in public. In fact, it protects same. While far left radicals like Chris Coons may wish to knowingly distort or ignore this fact of American history, it is as shocking as it is sad that the entire student body of a supposedly “prestigious” law school seemed to be equally ignorant and/or oblivious to our founding principles. Yes, I know that in saying so I’ve just bucked conventional wisdom, which dictates that self proclaimed Marxist aficionados such as Chris Coons, wise men like Al Franken, erudite speakers like Barney Frank ...
If Dems lose, Obama will blame everyone but himself
Post Date: 2010-10-20 12:05:23 by Happy Quanzaa
1 Comments
Assume the polls are correct and Republicans win control of the House, and perhaps even the Senate, in next month's elections. What lessons will the White House learn? Will Barack Obama interpret the vote as a repudiation of much of his agenda, or will he conclude that he made a few tactical errors but was still right on the big issues? Bet on the latter. All indications coming out of the White House suggest that if Democrats suffer major losses, the president and his top aides will resolutely refuse to reconsider the policies -- national health care, stimulus, runaway spending -- that led to their defeat. Instead, they will point fingers in virtually every direction other than their ...
Is This the Anti-Christ
Post Date: 2010-10-20 11:58:43 by no gnu taxes
1 Comments
I'm just sayin'
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