What would Reagan have done?

He bombed Libya, he sent Marines to Beirut to stop a civil war, he invaded Grenada, so why all the fury about Obama agreeing with Sec. Clinton to allow a no-fly zone?

“Creative, but perfectly legal accounting” = Revenue problem

http://money.cnn.com/2011/03/31/news…dex.htm?hpt=C1

This isn’t just a GE thread, but more of a rant on a system that says it does one thing while doing quite another in reality. I totally agree that the United States has a serious spending problem. However, when a company the size of General Electric has paid nothing in taxes for two years running, despite making more than $14 billion in pure profit in just 2010 alone, it should be clear be also have a revenue problem.

Of course, some would like you to think this is just an isolated incident. It isn’t. A study done a few years ago by the Government Accountability Office actually showed that more than 67% of American corporations paid absolutely nothing in federal income tax over a 7 year period due to various loopholes and offshore tax shelters like Bermuda and Switzerland. We have a tax system that encourages American companies to not pay their fair share back into the system.

http://www.nytimes.com/2008/08/13/business/13tax.html

There is a difference between being pro business and being totally fleeced by big business. We have become so fixated on trying to please big money that we really just seem to ignore the fact they are simply absorbing a greater percentage of our nation’s wealth year by year and doing very little to build our nation back up.

For those who are always talking about fiscal sanity, I urge you to look at the other side of the coin in the budget issue and realize that these things are comprised of both revenue and spending. A system in which American mega companies are making record profits and paying no taxes, while the rest of the country treads water, is certainly not the kind of economic system that is going to lead to greater prosperity for the majority of Americans.

Whether it be AIG, Enron, Goldman Sachs, GE, or others, we seem to have a corporate attitude that really doesn’t care what steps it has to take in the search for the almighty dollar. Enough of the sob stories about how bad businesses have it in America. Reality is painting a very different picture.

Howard Dean says Dems should be “rooting” for a govt shutdown

Here he is, caught on video saying if he was head of DNC he would be "rooting" for a government shut down, and thinks it would be great for the Dems.

Can you imagine if a Republican said this? It would be featured on MSNBC and probably all the networks. But because it’s Howard Dean, I’m sure we won’t hear a word about it.

Saying something like this shows he’s not concerned about what is best for the country, but what he believes is best for the Dems. And of course, no mention of the fact the only reason this is being discussed is because Dems refused to pass a budget last year when they controlled all branches of government.

http://www.youtube.com/watch?v=TZzih…embedded#at=49

Former CIA OBL Hunter scoffs @ CNN Host…”You carrying water for Obama”

"Both Parties love to spend enormous amounts of money on sticking their noses in other people’s business"…Michael Scheuer

Many may remember Mike from his former work in the CIA…Alec station I believe.
Mike’s job was to hunt OBL.

And he is more notoriously known as Ron Paul’s FP advisor.

Quote:

On CNN this morning, former CIA Counter terrorism analyst Michael Scheuer appeared with Kiran Chetry and Christine Romans and was not happy with President Obama’s actions in Libya. Scheuer is not optimistic about success in the country and wasn’t pleased to hear Romans offer up any possible rationale for American intervention there.

Scheuer was adamant that the U.S. should never have gotten involved in Libya because “I’m not sure that the opposition, if it takes power, is going to be much better than was Gaddafi.” Arguing that Libya was “none of our business,” Scheuer fears that our involvement will be a recruiting tool for extremists, since “in the Muslim world this is Americans killing Muslims again


Fmr. CIA Analyst Laughs At CNN Host: ‘You’re Just Carrying the Water for Mr. Obama’
by Matt Schneider | 5:35 pm, March 31st, 2011
http://www.mediaite.com/tv/michael-s…-for-mr-obama/

It’s wild to see the propaganda come full circle in defense of Barack the Nobel winner…aka…Bomb Daddy Long Stretch

The Liberal media is having a fit reconciling Barack’s actions.
Michael speaks truths which goes ignored by the partisan hack duo on CNN.

A. We can’t afford this
B. We don’t know who we are arming
C. In other parts of the world these rebels might be called the "mujaheddin"
D. Libya is not a threat to America
E. Muslims will lay the blame at America’s feet for civilian deaths

Walmart CEO sees serious, rapid inflation ahead

This confuses me. I thought Bernanke told us we had nothing to worry about? :rolleyes:

Quote:

U.S. consumers face "serious" inflation in the months ahead for clothing, food and other products, the head of Wal-Mart’s U.S. operations warned Wednesday.

The world’s largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.

Still, inflation is "going to be serious," Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY’s editorial board. "We’re seeing cost increases starting to come through at a pretty rapid rate."


http://www.usatoday.com/money/indust…nflation_N.htm

Kimi to NASCAR and Tesla Sues Top Gear: Is It April 1 Already?

Has April Fools come early? Top Gear says Kimi Raikkonen is planning to race in NASCAR’s Sprint Cup. Meanwhile, Tesla Motors is suing BBC’s Top Gear for libel over a two-year-old television review of its electric Roadster sports car. If you need catching up, Raikkonen won the 2007 World Driver’s Championship in a Ferrari and [...]

First Test: 2011 Subaru Tribeca Limited

Change Can’t Come Soon Enough for This Mid-Pack Crossover

Arrival: 2011 Acura TSX Sport Wagon

Hello, we love you. Yes, you.

Kimi to NASCAR and Tesla Sues Top Gear: Is It April 1 Already?

Has April Fools come early? Top Gear says Kimi Raikkonen is planning to race in NASCAR’s Sprint Cup. Meanwhile, Tesla Motors is suing BBC’s Top Gear for libel over a two-year-old television review of its electric Roadster sports car. If you need catching up, Raikkonen won the 2007 World Driver’s Championship in a Ferrari and [...]

Clark Howard: Rip-Off Alert – 03.30.11

Now that the timeshare industry has become a completely broken and discredited one, marketers have come up with a new terminology that they hope will trick you into getting involved with these notorious money pits.