Be INFORMED

Tuesday, March 06, 2018

Gary Cohn Just Quit The White House

By ursulafaw     Tuesday Mar 06, 2018 Via Daily Kos

   Gary Cohn, President Trump's top economic adviser, is going to leave the administration in the coming weeks, The New York Times reports. The paper says "no single reason" is prompting Cohn to quit but the decision comes after the struggle inside the White House over tariffs over steel and aluminum imports.

Why it matters per Axios' Jonathan Swan: There’s now a grand total of zero people inside the West Wing with heft to take the anti-tariff fight to the president. Trump has cancelled a meeting with companies that use steel and aluminum that Cohn was arranging.

Wednesday, March 21, 2012

Hey! Guess who still gets mega tax breaks under the GOP budget plan? BIG OIL

by Eclectablog     Tue Mar 20,2012

It's good to be the king

 Not only is Paul Ryan's "Path to Poverty" budget going to give rich people tax breaks and cut benefits to Medicare, Medicaid and Social Security while maintaining current levels of military spending, it does something else, too. The GOP budget preserves massive subsidies to Big Oil companies while cutting investments in renewable energy.

 

[I]t appears that House Budget Committee Chairman Paul Ryan’s (R-WI) proposed FY 2013 budget resolution would retain a decade’s worth of oil tax breaks worth $40 billion. And his budget would cut billions of dollars from investments to develop alternative fuels and clean energy technologies that would serve as substitutes for oil and help protect middle-class families from volatile energy prices as well as create jobs. In short, the Ryan budget compounds the cost of high oil and gasoline prices on the middle class.

That's today's GOP, a wholly-owned subsidiary of Big Oil.

Bought. And. Paid. For.

Thursday, December 24, 2009

Christmas Time And Life In General This Past Year

While i sit here waiting to get paid after a hard days work ( NOT) I figured that I'd do this post just to kill some time.
I don't care for the Christmas holidays all to much, in case you didn't no that. I like the New Years holiday much better. This sorry assed year is almost over and none to soon! Those of you who have been here for awhile no that i've had a very shitty year starting from last January up till now even, so this year can stop dead in its tracks right now.
Let me see. First there was the ice storm which knocked me off-line for two weeks at the start of the year. We all know that i lost a sahit-load of ad revenue thanks to that crap. Then there were the tornado's which screwed things up once again. then I filed wage violation charges against my employer, which are settled as of now for the most part. Then i came to Florida. Ha! Bad move? Time will tell I guess.
So I missed most of Preseident Obama's first year in office which is one reason why there hasn't been to much posting on the political topic. We all know about my vacation with a certain alcoholic that I met, so further talk isn't necessary.
Anyway, 2010 is only a week away, finally. Those of you who know me also understand that I'm coming out swinging when this year kicks in. No more bullshit from my other half or from anyone else for that matter. I have a few scores to settle with a few individuals who seem to think that that nice.calm, quiet Micheal is going to let them just pass on their "sins." that ain't gonna happen. On top of that, i'm going to be covering the stuff that I started out covering in the first place, along with my usual take on life in Tampa Bay.
That's it for now. Have a great Christmas and a Happy,prosperous New Year.

Saturday, October 31, 2009

Barack Obama's Pledges, And How He's Doing...

...and this story comes to you by way of http://www.usatoday.com/news/washington/2009-10-28-obama-promises_N.htm#table. As you can see, I'm still having a small problem with Blogger posting the links to the story. What is one to do?

Tracking delivery on campaign promises

President Obama made hundreds of pledges to get elected. USA TODAY's Richard Wolf reviews some:

Taxes

Promise: Offer tax cuts of $500 for individuals with income up to $75,000 and $1,000 for couples with income up to $150,000. Obama said 95% of working families would benefit.
Quote: "This is a tax cut, paid for in part by closing corporate loopholes and shutting down tax havens, that will offset the payroll tax that working Americans are already paying." - Janesville, Wis., Feb. 13, 2008
Status: Obama settled for $400 and $800 as part of the $787 billion stimulus package passed by Congress in February. The non-partisan Tax Policy Center estimated that 91% of families with children would get tax cuts averaging $538. Overall, 75% of taxpayers would get reductions averaging $385. Obama's proposals to close loopholes and target tax havens are pending in Congress.

Jobs
Promise: Offer $3,000 tax credits in 2009 and 2010 to existing businesses for each full-time employee hired.
Quote: "I will give American businesses a $3,000 tax credit for every job they create right here in the United States of America." - Canton, Ohio, Oct. 27, 2008
Status: Obama dropped the idea during stimulus negotiations because of concerns in Congress that businesses could cook their books. As unemployment worsens, however, the White House is reconsidering it.

Home ownership
Promise: Create a $10 billion Foreclosure Prevention Fund to help people stay in their homes. Give a tax credit to middle-class homeowners to cover 10% of their mortgage interest every year
Quote: "This fund will help homeowners sell a home that is beyond their means, or modify their loan to avoid foreclosure or bankruptcy." - North Las Vegas, Nev., May 27, 2008
Status: Obama created a larger, $75 billion program in February, a month after taking office. It includes a one-time, $8,000 refundable tax credit for new homebuyers that expires in November.


Type in the link at the begining of this post for even more stats on Obama's financial regulation promises,healthcare, and stem cell research along with a host of other campaign promises which Obama made.

Thursday, October 15, 2009

79 Metro Areas Are Recession Free...

... according to an MSNBC and Moody's Economy Adversity Index. The index measures the economic health of some 381 metro areas, covering all of the states.
Using this link (http://www.msnbc.msn.com/id/33312701/ns/business-eye_on_the_economy) you can just click on the state in which you are interested, and you'll get some figures like the employment rate, single family housing starts, housing prices, ect. The map notes that 11 states are going through a time of recovery, though industrial production and other areas are still below normal.
I'm living down here in Tampa Bay, Florida, and we are not going to see any kind of better employment, or industrial production any time soon. Therefore, I'm not even going to comment on this state.
Speaking of the econony.
You may well know by now that those of you who receive Social Security checks will not be getting a " cost of living " increase in 2010. This will be the first time that this has happened since 1975! As if it isn't hard enough to live off of one of these checks as it is for most people, now you have to spend even more time in trying to decide if you should buy food or get your scripts filled! this is rediculous, folks. That is some 50 million people who will not be getting a raise. Some will suffer more than they should be. Are food and medicine prices going to stop going up in 2010? I doubt it.
SOURCE:http://www.msnbc.msn.com/id/33324352/ns/business-personal_finance

Wednesday, September 23, 2009

An American Gothic Vacation: Time To End The Fight...

To those of you who have followed this site on a regular basis, I say thank you. For the present time, this site is going to be taking a very much needed rest. Most of you know that I've not blogged at my normal pace for some time. Actually, it hasn't been done regularly at all this year. There have been just way to many obstacles in the way of me getting things done that should have been taken care of months ago.
Some of you may have read the brief piece that I did about a certain alcoholic who I was trying to help to get off of her addiction. As of today, I have given up on that cause. There has been just way to much time, effort, and emotion involved on my part, and i have grown tired of making fruitless attemps to help someone who I think really does not want the help.
I am exhausted. I am tired. I am finished. Terri Ellen Winters, I wish you the best and I do hope that you wake up tp life one of these days. i really don't see you doing that though and that's to bad. You had a future free from the drink and you decided to toss it to the side today.
I do not like to quit and I do not like to lose, at anything! But this crap with a drunk who wishes to stay that way has to come to an end.
IT ENDS NOW!!

Thursday, September 10, 2009

Obama Scares The GOP

From http://www.dailykos.com/storyonly/2009/9/10/779677/-No-Wonder-the-GOP-have-gone-crazy...-This-is-a-formidable-enemy...(UPDATE)

No Wonder the GOP have gone crazy... This is a formidable enemy...(UPDATE)
by The Simple Canadian
Wed Sep 09, 2009
What have you guys done? The sun is shining through my window, I am looking at a beautiful Vancouver, British Columbia false creek waters and the boats slowly moving through, early in the morning (6am), I brush my teeth, and I say, let's check out the dailykos before heading to work... and voila, my anonymous diary that I posted last night is at the top of the rec list??? Merci tres beaucoup les gars!!!
This is really a formidable enemy (at least to them). Obama threatens to make the GOP irrelevant for many years to come. They are unable to match up with him intellectually, charismatically and politically. And unlike Kennedy, he seem to have a damn good Secret Service.
However, every time Obama speaks, Americans remember why they are a great Nation. He seems to move the entire world with him, with just one simple speech he could wipe out all the town hall demonstrations, all smear TV ads from the McCain campaign, everything, is just wiped out.
This, my friends, is for the ages. This, is what is going to pass the health care reforms:
To the GOP, this enemy, is different, and is very very scary. No wonder, they have gone crazy.
There is something that can make you better, but I can't afford it

Friday, July 31, 2009

" Cash for Clunklers" Breaks Down..

... and this is going to be somewhat of an embarrassment for the Obama administration.
The " cash for clunkers " program had just gotten started this past Monday, with some $950 million dollars of taxpayer cash and the cash has already been used up! I guess that the government hadn't counted on the program being so popular as it is.
This leaves the Obama team having to search for some more cash in order to keep the program active. Auto dealers have let the government know that the funds are gone and this little problem also has the dealers concerned because they are worried that the funds will not be around in order to complete some of the deals that are already in the works.

Calls to suspend the plan came after auto dealers warned the government
that it was in danger of losing count of how many trades had been made. Since
the program was to run as long as there was money left in the $950 million pool,
dealers have been concerned the fund could run dry before they were
reimbursed for all their deals — which require them to junk the clunker.
The plan offering owners of old cars and trucks $3,500 or $4,500 toward
a new, more-efficient vehicle has proven wildly popular, with 22,782 trades
certified by federal officials since Monday. But the National Highway
Traffic Safety Administration told dealers Wednesday that a vast majority of
transactions submitted were being rejected for incomplete or illegible
paperwork.

A survey of 2,000 dealers by the National Automobile Dealers
Association, the results of which were obtained by McClatchy Newspapers,
found about 25,000 deals not yet approved by NHTSA, or about 13 trades per
store. With 23,005 dealers asking to be part of the program, auto dealers
may have already arranged the sale of more than the 250,000 vehicles that federal officials expected the plan to generate. http://www.tampabay.com/incoming/article1023508.ece

Several Michigan lawmakers have vowed to press for more money for the program, which had originally been set for $4 billion. But Sen. Dianne Feinstein, D-Calif., has said she would block additional money unless the program was changed to boost the gains in fuel economy between old and new models.

Maybe the Congress could take back some of the casg given to the big brokerage firms and hand it over to this program. This would be a stimulus that the people of America can live with, seeing that the cash is actually going in at the bottom and then working its way up throughout the economic chain.