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How can a decade old accusation of sexual harassment against Herman Cain even be an issue in American politics after all the liberals dismissed Bill Clinton's adultery with a member of the staff in the White House as being completely irrelevant to his job as president.
What do you call a jobs bill that professes to create jobs when in fact it wouldn’t have much of a real-world effect? It’s naive to think that small business would take advantage of a one-time $4,000 tax credit to hire an employee at a salary of, say, $30,000 a year, not including training or benefits, said Bill Rys, tax counsel for the National Federation of Independent Business, which represents small and independent businesses. What’s more, businesses would assume the risk up front and receive the benefit (the tax credit) a year later. Like many of the tax incentives enacted over the past few years, those proposed in the jobs bill are set on such short time frames as to negate their effect.
The president proposed spending $80 billion to put tens of thousands of residential construction workers, casualties of the housing bust, back to work rebuilding crumbling roads, bridges and schools. The skill sets aren’t well matched; government programs generally require union workers, so most small construction firms won’t qualify; and home builders don’t have the equipment for roads and bridges.
Obama wants to protect the unemployed from discrimination in the workplace. A noble goal, to be sure, but his bill would have the opposite effect by making it illegal to use a candidate’s employment status as a qualification for work. How would the crafters of the jobs bill expect a reasonable businessman to behave when confronted with the prospect of a discrimination suit for failing to hire an unemployed applicant? He wouldn’t even grant that candidate an interview.This provision is certain to provide enough billable hours for law firms to justify hiring new lawyers.
Not only does government spending not stimulate the economy is has the exact opposite effect.
Economists James Gwartney, Randall Holcombe and Robert Lawson reported: “Evidence illustrates that there is a persistent robust negative relationship between the level (and expansion of) government expenditures and the growth of GDP. Our findings indicate that a 10% increase in government expenditures as a percent of GDP results in approximately a 1 percentage point reduction in GDP growth.” Similarly, Harvard economist Robert J. Barro found that “growth and the size of government are negatively related when the government is already very large.”
For example, every year the federal government funds tens of billions of dollars worth of student loans for college. Altogether, the federal government has provided money for some 60 million students. In 2010, for the first time, student-loan debt surpassed credit card debt. There are about a trillion dollars of student loans outstanding.
No wonder the stupid kids who saddled themselves with horrendous debt getting a totally worthless degree in Marxists Economics are protesting for a Mulligan of debt forgiveness all over the world.
They should be protesting their ignorant liberal, socialist, marxist professors for teaching them nothing worthwhile while charging six figures.
By enabling more and more people to bid for a college education, the government has promoted inflation of college costs — some 440% during the past quarter-century, quadruple the overall rate of inflation. Vance H. Fried, author of Better/Cheaper College, reported that nonprofit colleges make huge profits on undergraduate education, and they’re spent on “some combination of research, graduate education, low-demand majors, low faculty teaching loads, excess compensation, and featherbedding.”
Aside from enriching big farmers, the main impact of the subsidies is to encourage over-production and inflate the value of land suitable for program crops. One study, by economists at North Carolina State University, analyzed the different types of subsidies and concluded that each $1 of farm subsidies per acre inflates the value of an acre of farmland between $6.38 and $27.37, depending on applicable subsidies.
income groups in America are not fixed. There's no caste system here, really no such thing even as a middle "class." The poor aren't stuck in poverty. And the rich don't enjoy lifetime membership in an exclusive club.
A 2007 Treasury Department study bears this out. Nearly 58% of U.S. households in the lowest-income quintile in 1996 moved to a higher level by 2005. The reverse also held true. Of those households that were in the top 1% in income in 1996, more than 57% dropped to a lower-income group by 2005.
Every day in America, the poor join the ranks of the rich, and the rich fall out of comfort.
America isn't Europe where aristocratic families maintain their monopolies on social and cultural institutions by birth. If you don't make it in the United States you can only blame yourself, as the statistics from the Treasury Department clearly show.
Can I remind you that 25% of the world economy is in the Untied States because there are so many idiotic socialist, communist and authoritarian regimes that can't create any economic growth. <<<< China will soon become the world's largest economy >>>>>china relies almost exclusively as does india on the largest consumer in the world usa to fund its economy, if we fall who would buy their nike's, wrangler jeans, and the plethora of other things we imports millions of daily?
Can I remind you that the United States can invade any country in the world, but cannot be invaded by any country. <<<< Yep the list of successful American military campaigns on foreign soil is huge.... Korea, Vietnam, Afghanistan....
Can I remind you that the United States has the largest nuclear arsenal on the face of the globe. <<<< And even the United States recognises that they must reduce this number, and are doing so.>>>>>while also forcing other nations to downsize equally (aka we will always have more as it stands)
damnit i skipped a point...Can I remind you that the United States can invade any country in the world, but cannot be invaded by any country. <<<< Yep the list of successful American military campaigns on foreign soil is huge.... Korea, Vietnam, Afghanistan....>>>>afganistan is sucessfull as are the 10-20 other "revolutions" we have influenced in order to gain democratic political puppets to assist in keeping us where we are
@Bitemenow You have very accurately described the Empire that is Amerika. It is no longer the peace loving, free Republic is once was and hasn't been for a long time now. It is now the greatest threat, by far, to world peace, prosperity and the continued survival of the human race. If evil exists, it is the American Empire. Slaughter in Afghanistan, Iraq, Libya, Pakistan, Yemen, Somalia, and now we're gearing up for Uganda, Syria, Iran. America is an out of control rogue state that its own people need to put down before it's too late if it isn't already too late.
Korea was a failure? I'll have to ring up the South Koreans and ask them how heartbroken they are about American intervention that kept them from starving to death in the North like their communist breathren.
Where do completely ignorant individuals come from who would post that American intervention in the Korean War (started by a communist invasion of the south) was an "unsuccessful" military campaign on foreign soil.
After I talk to the South Koreans I'll call a woman in Afghanistan and ask her how much shes misses the misogyny of Sharia law practiced by the Taliban and Al Queda.
Then I'll call Vietnam and Cambodia and ask them how much they miss the millions massacred in the aftermath of the communist takeover of Southeast Asia.
Colossally ignorant individuals are exactly what the mute button was made for.
China will "soon" become the world's largest economy? Not in anyone's lifetime that is posting on this board so "soon" must not mean in the next hundred years.
Poof, total ignorance erased from my life with the click of a button. Gone like a useless stale fart in a refreshing summer breeze.
"I'll have to ring up the South Koreans and ask them how heartbroken they are about American intervention that kept them from starving to death in the North like their communist breathren."
Yes please do ask how many South Koreans enjoyed the slaughter by the US controlled military government in Kwangju, and other repression and disappearances, not to mention the US role in artificially dividing their country and putting the old Japanese collaborators in power. http://www.jpri.org/publications/workingpapers/wp93.html
"After I talk to the South Koreans I'll call a woman in Afghanistan and ask her how much shes misses the misogyny of Sharia law practiced by the Taliban and Al Queda. "
You mean the Sharia law that was reimposed by our corrupt puppet government? Yes and while you're at it ask the Libyans who have now have to put up with a Sharia government after decades of women having one of the highest levels of equality in the developing world. Ask the Iraqis too, since prior to our glorious intervention there women were at a high level under the secular government.
"Then I'll call Vietnam and Cambodia and ask them how much they miss the millions massacred in the aftermath of the communist takeover of Southeast Asia. "
Yes be sure to ask them about the carpet bombing that led to the destruction of Cambodian government and its replacement by killing fields. Also be sure to let them know that you had their interests in mind when you were backing the Khmer Rouge against the Vietnamese. I'm sure they'll be thrilled.
What is abhorrent about socialism, the fact that socialism creates dependence on a fiscally unsustainable model that destroys self-sufficiency and then ultimately collapses leaving devastation in socialism's wake.
The process we watch in Greece that spread to Italy, Spain, Ireland, and Portugal is showing up in Democratic controlled state governments in the United States.
Drowning in deficits, Illinois has turned to a deliberate policy of not paying billions of dollars in bills for months at a time, creating a cycle of hardship and sacrifice for residents and businesses helping the state carry out some of the most important government tasks.
Once intended as a stop-gap, the months-long delay in paying bills has now become a regular part of the state's budget management, forcing businesses and charity groups to borrow money, cut jobs and services and take on personal debt. Getting paid can be such a confusing process that it requires begging the state for money and sometimes has more to do with knowing the right people than being next in line.
Just read a study that said Stalin executed, starved, murdered, and killed so many people during his quarter century in power that he literally killed at least one member of every family in the Soviet Union.
That's the way Marxism really works. No wonder Marxists try to rebuke Stalin because he alone completely discredits their ideology.
Financial advisers are using the Wall Street protests to advertise as "main street" advisers. The ambitious always find a way to move forward, and the ignorant always find a their destiny in failure and self-pity.
I wonder when OWS will move to college campuses to protest receiving worthless degress and substandard education at outrageously exorbitant tuition rates.
At least the retired professors can hide at home on comfortable pensions that the OWS paid for and will keep paying for the rest of their lives.
Whenever you empower government instead of the market you get the type of regulatory failure with dangers expanding exponentially.
Dexia, a Belgium Bank, was taken over by the Belgium government on the 20th of October because it went bankrupt.
The Financial Times reported last week that in 2008, Dexia lent 1.5 billion euros of its capital to two institutional investors, who used the cash to buy newly issued shares in ... wait for it ... Dexia.
This allowed Dexia to meet "regulatory" requirements.
What a folly it is for those who put their hopes in "regulation."
No one can protect your own money and investment better than you, and you leave no stone unturned finding safe investments instead of those promising high returns.
The Deep Water Horizon created a huge ecological disaster. Here is how to get it cleaned up without wasting tens of billions through some government run bureaucratic buffoonery.
What is the Wendy Schmidt Oil Cleanup X CHALLENGE?
The Wendy Schmidt Oil Cleanup X CHALLENGE is a $1.4 million competition designed to inspire a new generation of innovative solutions that will speed the pace of cleaning up seawater surface oil resulting from spillage from ocean platforms, tankers, and other sources. This one year competition will culminate in the fall of 2011, with competitive demonstrations taking place at OHMSETT, the National Oil Spill Response Research & Renewable Energy Test Facility. A $1.4 million prize will be awarded to the teams that demonstrate the ability to recover oil on the sea surface at the highest Oil Recovery Rate (ORR) of over 2,500 GPM with an Oil Recovery Efficiency (ORE) of more than 70%.
The 28% tax on long-term capital gains brought in only $36.9 billion a year from 1987 to 1997, according to the Treasury Department, while the 15% tax brought in $96.8 billion a year from 2004 to 2007.
You're France in S01 and Italy moves to Piedmont while Marseilles moved to Spain and Paris to Picardy along with Brest-MAO. Barring any real diplomacy that has gone on, are you more likely to return to Marseilles in the fall assuming Italy will attack it, or list a hold order assuming a bluff?
Diplomats fall into different categories or archetypes. Some are bossy and curmudgeonly. Some are vague and try to stay neutral toward everybody. Some are pushovers (the best allies of course!). And some are true diplomats. There is a lot to say on this topic and I hope to get a lot of participation in this thread, but I'd like to start with a couple pointers that have served me well:
Oftentimes you are presented with difficult tactical decisions. Consider a move where you could take a SC two different ways. Your opponent can defend against either move successfully, but not both. Which move do you choose?
Now that he's gone, I kind of miss him. Though his comments were often inane and nonsensical, there was a sort of clarity of thought to them that, in retrospect... I really respect. You might even call it a kind of genius? Come back to us, KA!
gameID=71352 - everyone determined to submit orders in time and not to leave in the first turn just 'cause Austria sucks - is welcome to join the game. However, volunteers from the late "Why so Anonymous?" game are most likely to be given priority (pacta sunt servanda). But I think we will have some free seats.
@ Splitdiplomat userID=36887 to withdraw your draw vote seconds before a CD while the rest also votes draw, only because you came out of the turn well is very unsportive behaviour (at least in my eyes).