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Imagine what would have happened to the economy if Congress had extended the tax rates permanently instead of just for two years. Imagine what would have happened if the payroll tax holiday had been for a year for the employee and the employer, and for the full 12.4% Social Security portion. Imagine if the Democrat-controlled Congress had lost its collective mind and actually reduced the top corporate tax rate from 35% to 25%. Imagine no taxes on
Read more from the original source: Instead Of Strong Trickle-Down Revival, We Get Lethargic Trickle-Along Survival
‘Housing Market Setback Forecast” the newspaper headline said. A recently released report on housing says that home sales are down more than 25% and the inventory of unsold homes is about 50% higher than it was the same time last year. This is just one of innumerable stories about the woes of the housing market. We all understand about human beings having woes. But how can a housing market have either setbacks or woes? Moreover, why
Go here to see the original: Why Fuss Over ‘Underwater’ Homeowners?
Several years ago, much was heard about a “nuclear renaissance” in America. After a nearly 30-year hiatus, the prospects of growing demand for electric power, likely caps on greenhouse gas emissions and sizable federal loan guarantees led the nation’s utilities to express interest in building 28 new reactors. But their enthusiasm has waned considerably, a victim of the economic downturn, falling prices for competing energy sources such as natural
Continue reading here: How To Spur A Nuclear Revival In U.S.
Defense: While America has stopped production of its stealth fighter, China prepares to challenge U.S. air supremacy in the Western Pacific with its own. China is on another Long March, one it hopes will lead to military supremacy over the U.S. at least in the Western Pacific. It is deploying a carrier-killing mobile missile, the Dong Feng 21D, and is expected to launch its first aircraft carrier this year, the refurbished ex-Soviet carrier
Between the November elections and legislative battles, it’s been a tough year for President Obama. But there is hope for 2011. Obama can follow the long tradition of U.S. presidents who turned from frustration at home to success abroad by resolving to conclude the World Trade Organization’s Doha Round of global talks next year. In principle, he already supports the idea. He and his fellow world leaders regularly pledged to wrap up the round –
Read more: For Obama, Free Trade Is Key To Success
Five dollars per gallon of gas by 2012! A former president of Shell Oil considers this likely. The average price on Christmas Day for a gallon of regular gas reached $3.28 in Los Angeles County, the highest price since October 2008. In one month, the price rose 13 cents, up 35 cents year to year. Where are the calls to sic Obama’s Justice Department on Big Oil to hold the oil companies accountable for “market manipulation”? Why aren’t we hunting
Originally posted here: $5 Gas Under Obama? What, No Pitchforks?
The Civil War is about to loom very large in the popular memory. We would do well to be candid about its causes and not allow the distortions of contemporary politics or long-standing myths to cloud our understanding of why the nation fell apart. The coming year will mark the 150th anniversary of the onset of the conflict, which is usually dated to April 12, 1861, when Confederate batteries opened fire at 4:30 a.m. on federal troops occupying Fort
Here is the original post: After 150 Years, Civil War Will Be Re-Fought
A New Jersey man whose seven-year prison sentence was commuted this week and is now seeking to get his felony gun charge conviction overturned blamed judicial “bullying” for his guilty verdict.
Brian Aitken told Fox News on Thursday that he is armed with an e-mail he claims he received earlier this week from a juror who told him that then-Superior Court Judge James Morley pushed the jury into obtaining a conviction.
“Interestingly enough, I got an e-mail from one of the jurors a night or two ago, and he told me, ‘You know, we all pretty much knew what was going on. We knew the judge was bullying us to this position. That’s why we came back three times and asked for the exemptions,’” Aitken said.
Aitken, an entrepreneur and media consultant with no prior criminal record, was arrested in January 2009 in New Jersey for possession of two locked and unloaded handguns he legally purchased in Colorado but didn’t have a carry permit for in the Garden State.
He was convicted and in August 2010 sentenced to seven years in prison. But after serving four months in a New Jersey prison, the cause célèbre for gun advocates was released Monday when New Jersey Gov. Chris Christie commuted the sentence.
He says he now wants to clear his name.
Read the original here: Freed New Jersey Man Wants Gun Conviction Overturned