Keyword: spreadthewealth
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If you were president of the United States, would you hire an alleged former spy for Fidel Castro to be ambassador to El Salvador, a country teetering on the brink of hard-core socialism? President Obama just did. On Dec. 9, Obama nominated Mari Del Carmen Aponte to be ambassador to El Salvador, despite the fact that in the late 1990s, the FBI discovered that she was working with Cuban intelligence officers. According to Insight Magazine, "When the FBI eventually questioned her about her involvement with Cuban intelligence, she reportedly refused to cooperate." Why would Aponte escape the Obama administration's scrutiny?...
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Seventy-one percent (71%) of voters nationwide say they’re at least somewhat angry about the current policies of the federal government. That figure includes 46% who are Very Angry. The latest Rasmussen Reports national telephone survey finds that only 27% are not angry about the government's policies, including 10% who are Not at All Angry........ The data suggests that the level of anger is growing. The 71% who are angry at federal government policies today is up five percentage points since September. Even more stunning, the 46% who are Very Angry is up 10 percentage points from September.
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"Why should it be different as a commodity to the way people trade oil or gas?" As the man in charge of the world's biggest exchange for companies, banks and hedge funds to trade permits to emit carbon dioxide, Birley is fed up with the environmentalists' charge that dirty capitalists should not profit from the global effort to tackle climate change. Ahead of the Copenhagen summit next week, campaigners such as Friends of the Earth have argued that the entire system is so flawed it may need to be demolished in favour of a straightforward tax on polluters. Firstly, they...
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A friend emailed this to me. It is one of the most eloquently put descriptions of what small business is about that I have ever read. It describes the reality of the world in which we live and work today. It also describes the future we may have to deal with as it relates to taxes, healthcare, etc.
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Anti-establishment aging hippies from the 1960s are now the Czars having a field day with a Marxist agenda. In the upside down world that comes with Barack Obama in the White House, everything is a prop—including Old Glory. “One of the 20 finalists in health care video contest run by Barack Obama’s campaign arm features a mural of an American flag splattered with health care graffiti until it’s covered completely by black paint.” (politico.com, Oct. 28, 2009.) “The video is accompanied by the sound of a heart monitor pumping and then flat-lining—words such as “pre-existing conditions”, “homeless” and “death panel”...
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Uncertainty over health care costs is preventing small businesses from adding jobs, part of the reason for the so-called jobless recovery, said by some to be underway. Gary Fields paints a compelling picture of the worries and doubts faced by small businesses, in the Wall Street Journal. One employer: "... cut overtime for many of his 150 employees in anticipation of facing fresh health-care costs. He's worried about getting hit by higher taxes next year, which would cut into income to pay for expansion, raises, bonuses, new product lines and delivery trucks." It is always safer to postpone spending, in...
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From Section 6002 on page 1435: INCLUSION OF COST OF EMPLOYER-SPONSORED HEALTH COVERAGE ON W–2The definition of taxable income is revised to include "the aggregate cost of applicable employer-sponsored coverage". . . "The amendments made by this section shall apply to taxable years beginning after December 31, 2009."
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second and more serious battle of Copenhagen is shaping up, in mid-December, when a world conference gathers to impose limits on greenhouse gases to stop “global warming.” Primary purpose: Rope in the Americans who refused to submit to the Kyoto Protocols that Al Gore brought home in the Clinton era. The long campaign to bring the United States under another global regime—the newest piece in the architecture of world government—has been flagging since 2008. Then, it seemed a lock with the election of Obama and a veto-proof Democratic Senate. Why has the campaign stalled? Because global warming has stalled. The...
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Jerome Corsi and Sean Hannity discuss how American sovereignty is being sold out. Who the main players are and their agenda to Globalization. Corsi calls Obama Post- America. Describing him as an Internationalist. Obama is going along with the agenda giving away sovereighnty in recent G20 and IMF agreements.
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Daughter saves mother, 80, left by doctors to starve Sarah-Kate Templeton, Health Editor AN 80-year-old grandmother who doctors identified as terminally ill and left to starve to death has recovered after her outraged daughter intervened. Hazel Fenton, from East Sussex, is alive nine months after medics ruled she had only days to live, withdrew her antibiotics and denied her artificial feeding. The former school matron had been placed on a controversial care plan intended to ease the last days of dying patients. Doctors say Fenton is an example of patients who have been condemned to death on the Liverpool care...
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A liberal think tank with close ties to President Barack Obama says the administration and Congress should consider raising taxes on Americans to help close federal budget deficits, an opening salvo in what is likely to be a protracted debate on tax policy. In a draft report, the Center for American Progress says the size of projected budget gaps requires considering options including tax increases as well as curbs on annual spending and entitlement programs supported by Democrats. Such ideas could pose problems for Mr. Obama, who pledged during the campaign to not increase taxes on families making less than...
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Let the Progressive Democrats dream their redistributed wealth commie dreams because, sooner or later, reality always comes back to lay some serious bite marks on their asses. Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party's harsh rhetoric about big business. Those currently in power in the Democratic party are from its Progressive fringe and that makes for a lot of rousing class warfare rhetoric during a campaign but...
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Purported non Muslim Barack Hussein Obama made a presidential appointment of Muslim Los Angeles Deputy Mayor Arif Alikhan for a top job at the federal Department of Homeland Security. In his new job, Arif Alikhan will be Assistant Secretary for the Office of Policy Development at the Department of Homeland Security. Alikhan has been Deputy Mayor of Los Angeles--in charge of public safety for the city. Why Muslim Alikhan at the Department of Homeland Security you might ask? DHS Secretary Janet Napolitano said Alikhan’s “broad and impressive array of experience in national security, emergency preparedness, and counterterrorism will make him...
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As a candidate for president, Barack Obama decried the financial toll that the Iraq war was taking on the economy, but Obama’s proposed spending on welfare through 2010 will eclipse Bush’s war spending by more than $260 billion. “Because of the Bush-McCain policies, our debt has ballooned,” then-Sen. Barack Obama told a Charleston, W.V., crowd in March 2008. “This is creating problems in our fragile economy. And that kind of debt also places an unfair burden on our children and grandchildren, who will have to repay it.” During the entire administration of George W. Bush, the Iraq war cost a...
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Barack Obama doesn't simply want to "spread the wealth around" here in America: He's on record as favoring redistribution on a global scale. Profits, in Obama's view, don't help people - they hurt them. Whereas redistribution can fix all kinds of problems - including terrorism, a global scourge that Obama believes is actually a result
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Surprised NewsBusters hasn't picked this up yet. This guy is a Republican? VIDEO
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The World Bank is spending billions of pounds subsidising new coal-fired power stations in developing countries despite claiming that burning fossil fuels exposes the poor to catastrophic climate change. It says that the world must reduce its dependence on fossil fuels, but it is funding several giant coal-burning plants that will each emit millions of tonnes of carbon dioxide a year for the next 40 to 50 years.
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WASHINGTON — Senate Majority Leader Harry Reid secured a deal today that would give Nevada full, 100 percent funding in the Senate health care bill for an initial expansion of Medicaid. The agreement reached with the committee chairman comes after Reid vowed last week to strike a better deal for Nevada before bringing any legislation to the floor. Reid took heat from Republican Rep. Nathan Deal of Georgia who bemoaned the majority leader’s powerful reach into Senate negotiations to improve the bill for Nevada. The deal would give Nevada full funding for the first five years of the program —...
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President Obama Stays at the Waldorf Astoria for United Nations Meeting Want to sleep like the leader of the free world? Then be prepared to shell out $7,000 a night for the presidential suite at New York's Waldorf Astoria hotel. But for that kind of money, you really do get a piece of history. President Obama checked in this week, becoming the latest world leader to stay in the four-bedroom suite. In fact, every U.S. president since Herbert Hoover has either stayed in or lived at the Waldorf's towers....
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The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent. A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration's estimate, the cost per American household would be an extra $1,761 a year.
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Date goes from bad to worse By Michael P. McConnell Daily Tribune Staff Writer Police say man skipped out on restaurant bill, stole woman's car. FERNDALE — A first date went from bad to worse when police say a man not only skipped out on a restaurant bill but stole his new girlfriend's car while she was still seated at the table. A Detroit man faces trial on charges he stole his date's car after they ate and he asked her for her keys so he could get his wallet out of her vehicle. "She gave him her keys and...
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Yes, there are plenty of reasons, and here is just one! California gives over and above what the feds give to Illegal Aliens. Yesterday I was at my doctor's office and picked up a booklet funded 'with a generous grant from the Calif. Bar Foundation', titled, "Seniors & the Law" A Guide for Maturing Californians. They pointed out many programs, such as property tax deferment for seniors in financial trouble, that have been eliminated because of budget cuts...but they didn't cut this one! Pg. 3 (click link to see original document) Is there any financial assistance available for seniors who...
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THE ANT AND THE GRASSHOPPER This one is a little different...Two Different Versions! .................Two Different Morals!OLD VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The grasshopper has no food or shelter, so he dies out in the cold. MORAL OF THE STORY: Be responsible for yourself! MODERN VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and...
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JERUSALEM – Just days before his White House appointment, Van Jones, Obama's environmental adviser, used a forum at a major youth convention to push for what can easily be interpreted as a communist or socialist agenda. As WND previously reported, Van Jones, special adviser for green jobs, enterprise and innovation to the White House Council on Environmental Quality, is an admitted black nationalist and radical communist. Jones' appointment was announced on March 10. Two weeks before he started his White House job, however, Jones delivered the keynote address at Power Shift '09, which was billed as the largest youth summit...
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One day after the Herald reported some surprised Bay State inmates - including murderers and rapists - were cashing in $250 stimulus checks, federal officials revealed the same behind-bars bonus was mailed to nearly 4,000 cons nationwide. A federal watchdog is now probing how the cons were cut the checks. The same cash also may have been sent to fugitive felons, people kicked out of the country and even individuals now deceased. It’s all part of the massive American Recovery and Reinvestment Act of 2009 - and what is becoming an accounting nightmare for red-faced feds. “President Obama’s $787 billion...
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Forget the recession and the "uninsured." Obama has bigger fish to fry.If we believe that Obama is trying to end the recession or fix the health-care system, we’ll miss his real agenda. The first seven months of the Obama administration seemingly make no sense. Why squander public approval by running up astronomical deficits in a time of pre-existing staggering national debt? Why polarize opponents after promising bipartisan transcendence? Why create vast new programs when the efficacy of big government is already seen as dubious? But that is exactly the wrong way to look at these first seven months of...
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PRESIDENT Obama and con gressional Democrats are now fixing their gun sights on health insurers, but their broader, underlying goals remain unchanged: socializing costs and extending Washington's control of the health-care sector. This takes what Obama told Joe the Plumber about "spreading the wealth" a step further. Because not only do the reforms redistribute wealth by shifting costs; they also put government in charge of spending even more of the nation's money. And they can do it via a "public option" or heavy insurance regulation and mandates. Follow along: Obama is now blasting insurers, claiming they "do nothing to improve...
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I’ve always wondered why liberals were fascinated with the gap between rich and poor as a measure of prosperity. On its face, such a measure is nothing more than comparing apples to oranges. Every logical person knows that a more accurate method of measuring prosperity within an income bracket is to compare that income bracket’s situation at a point in the past with that same income bracket’s situation in the present. Focusing on what someone else has says nothing of one’s own situation. Margaret Thatcher always knew that.
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On May 12, 2009, the trustees for the Social Security system released their annual report, "The 2009 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds." Following release of this report, many media outlets were quick to report (or should I say regurgitate) the findings sited in the trustee's executive summary -- notably that Social Security payroll tax collections would begin to exceed benefits paid in 2016, a year shorter than had been forecasted in 2008. Although the news media were correct to convey this fact, such simplistic accounts...
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What does the bill, HR 3200, short-titled ‘‘America’s Affordable Health Choices Act of 2009,” actually say about major health care issues? I here pose a few questions in no particular order, citing relevant passages and offering a brief evaluation after each set of passages. This bill is 1017 pages long. It is knee-deep in legalese and references to other federal regulations and laws. I have only touched pieces of the bill here. For instance, I have not considered the establishment of (1) “Health Choices Commissio0ner” (Section 141); (2) a “Health Insurance Exchange,” (Section 201), basically a government run insurance scheme...
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A new coalition on Thursday is launching $12 million in television ads to support President Barack Obama’s health-reform plan, in the opening wave of a planned tens of millions of dollars this fall. The new group, funded largely by the pharmaceutical industry, is called Americans for Stable Quality Care. It includes some odd bedfellows: the American Medical Association, FamiliesUSA, the Federation of American Hospitals, PhRMA and SEIU, the service employees’ union. The ads start airing at about 11 a.m. ET Thursday. The group is likely to be the biggest spender in support of health reform. The campaign will serve as...
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A proposal to tax generous health plans could ensnare a broader swath of employers and workers whose benefits aren't necessarily gold-plated. The idea, first pitched by Democratic Sen. John Kerry late last month, is being given serious consideration by members of the Senate Finance Committee. Senior House leaders and the Obama administration have said they are willing to entertain the idea to help finance a health-care overhaul. Besides potentially generating tens of billions of dollar, proponents argue the move could slow the steep rise in health spending. They say generous insurance plans can encourage people to spend more freely on...
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I think the natural tendency of the US economy to rebound from recession, coupled with the enormous inflationary forces of borrowing another $2 trillion, will result in some sort of a brief economic recovery. But almost immediately we will be hit with a number of consequences that are now rarely voiced. Likewise the new ‘reset’ button foreign policy has a similar tab to come due. What to watch for the next year: Taxes. Talking about new taxes in 2009 and paying them in 2010/11 are two quite different things. Not long ago I tried to explain to an Obama supporter...
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The IRS just released some interesting tax information -- the Top 1% of taxpayers is now paying more in taxes than the bottom 95%. Scott Hodge from the Tax Foundation created the chart nearby that graphs the new data. Perthaps the CD-10 candidates can advise at what higher rate do you tax the “rich” in order to make the tax code even more progressive and supposedly more “fair?” Once Obama and the Democrats in Congress get done with us, only politicians and public employees will be the rich. Yummm, pass the BBQ sauce. Who says turnabout isn’t fair play? Hmmm…DeSaulnier...
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Taking away their surplus at gunpoint is 'only fair' Posted by Vin Suprynowicz Wednesday, Jul. 22, 2009 at 05:27 PM WASHINGTON (AP) - Obama to tell nation that health reform is key to economic recovery, controlling deficit," said today's 3:06 p.m. news flash. No, actually, the key to economic recovery and controlling the deficit is giving me 10,000 ounces of gold, a nice bungalow on Maui, and all the unblended Scotch whisky I can drink. This is hilarious. This guy is convinced they'll believe ANYTHING. If having government pay for just the health care of the poor and the elderly...
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The first family will be jetting out of town for some R&R on the Massachusetts island of Martha's Vineyard the last week in August. The Obamas will spend their vacation at the Blue Heron Farm, a private estate in Chilmark, the Martha's Vineyard Times reported Thursday. The estate sold for more than $20 million in 2005, boasts a renovated 10,000-plus-square-foot historic farmhouse and has more than 30 acres of privacy, according to the Boston Herald, a bonus for the Secret Service and aides who want to keep away paparazzi and curious onlookers. The Vineyard Gazette reported that the property features...
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JULY 20, 2009 Democrats' New Worry: Their Own Rich Voters JONATHAN WEISMAN A group of Democrats elected in recent years from some of the country's richest congressional districts have emerged as a stumbling block to raising taxes on the wealthy to pay for President Barack Obama's ambitious health-care overhaul just as the plan has begun to meet increasing resistance over its cost. Friday, two freshmen representatives -- Dina Titus, from suburban Las Vegas, and Colorado's Jared Polis, representing Boulder, Vail and some of the tonier suburbs of Denver -- joined Republicans to vote against Mr. Obama's top-priority health-care overhaul when...
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government-run health care holds such wondrous possibilities for the nation, why don't we all "invest" in this magical cure? Why only the rich? President Barack Obama once promised to spread the wealth. How about spreading the responsibility, as well? Let the everyday citizen feel the cost of these gazillion-dollar legislative miracles. The House's plan for health care reform is a good start. If passed, it would begin levying an extra tax on families earning $350,000 or more -- for the benefit of society, of course. We can do better. Much better. Don't misunderstand me; detesting the rich is an enormously...
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July 17, 10:02 In an interview with CBS News, President Barack Obama noted that increasing taxes on the wealthy is a ‘good idea’ when it comes to finding a way to pay for his proposal to nationalize the healthcare industry. As noted in my previous article, increasing taxes is nothing new for Obama or any other Democrat – it is simply what they do. However, it was somewhat disturbing to hear how Obama described the wealthy. Here are a couple of statements from his interview: I think the best way to fund it is for people like myself, who have...
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BOSTON — A hospital that serves thousands of indigent Massachusetts residents sued the state on Wednesday, charging that its costly universal health care law is forcing the hospital to cover too much of the expense of caring for the poor. The hospital, Boston Medical Center, faces a $38 million deficit for the fiscal year ending in September, its first loss in five years. The suit says the hospital will lose more than $100 million next year because the state has lowered Medicaid reimbursement rates and stopped paying Boston Medical “reasonable costs” for treating other poor patients. “We filed this suit...
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You don’t produce wool by skinning the sheep. But that seems to be the present strategy to get small businesses to begin hiring, buying, and expanding. There is apparent surprise among Obamians that unemployment has soared the last six months. The much-anticipated stimulus sputtered, and there is a sense of bewilderment in the administration about why joblessness and economic growth are stagnant after the government injected trillions of dollars into the system. Perhaps the Obama administration needs to remember the psychology of business. After the shock of the September meltdowns, the natural reaction of anyone whose livelihood relied directly on...
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WASHINGTON — House Democratic leaders took a big step toward guaranteeing health insurance for most Americans on Tuesday as they introduced a bill that would expand coverage, rein in the growth of Medicare and raise taxes on high-income people. Three House committees announced plans to begin voting on the measure this week. After months of setbacks and uncertainty, House Democrats were jubilant as they unveiled their proposal to achieve a goal that has eluded presidents for six decades. As of mid-afternoon, House Democratic leaders were still waiting for a cost estimate from the Congressional Budget Office. President Obama, in a...
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Listen to former Clinton Advisor, Dick Morris, explain how Barack Obama has deceptively broken his campaign promise of "No New Taxes," similar to the first George Bush. Like then, he must be held accountable.
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Senate Democratic leaders signaled reservations Sunday to a House proposal to tax the rich to raise $540 billion for healthcare reform. “I think we are going to have a different approach,” Senate Majority Whip Dick Durbin (D-Ill.) said on ABC's “This Week.” “We understand we have to combine cuts and actual spending on healthcare, savings from hospitals, from doctors and health insurance companies along with new revenue.” Sen. Chuck Schumer (D-N.Y.) said while there are some benefits to taxing only the wealthy, he was not convinced the surcharge proposed by House Ways and Means Committee Chairman Charles Rangel (D-N.Y.) is...
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Having money is not what it used to be. According to several media reports, the billionaire mayor of New York City, Michael Bloomberg, lost millions of dollars in the market downturn. He has apparently had to lay off some of his private staff and rent out his vacation home in Wellington, Florida. Now that the well-to-do have lost hundreds of billions of dollars in the stock and real estate markets, the Congress appears ready to call on them to fund the new health care reform package. The nations hospitals have agreed to contribute $155 billion over the next decade by...
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Senators are considering limiting — but not eliminating — the tax-free status of employer-provided health benefits to help pay for President Barack Obama's overhaul plan and provide coverage to 50 million uninsured Americans. Finance Committee Chairman Max Baucus, D-Mont., said Tuesday that there are no easy options. Senators began grappling with how to finance guaranteed coverage for all Americans, even as independent experts put the costs at about $1.5 trillion over 10 years. Obama sees a world in which doctors and hospitals compete to offer quality service at lower costs, and the savings help cover the uninsured. Turning that vision...
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Wealthy Wall Street financiers and other business figures provided crucial support for Mr Obama during the election, backing him over the Republican candidate John McCain as the right leader to rescue the collapsing US economy. But it is now dawning on many among them that Mr Obama was serious about his campaign trail promises to bring root and branch reform to corporate America - and that they were more than just election rhetoric.
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May 4 (Bloomberg) -- President Barack Obama proposed to raise about $190 billion over the next decade by outlawing three offshore tax-avoidance techniques used by U.S. companies such as Caterpillar Inc. and Procter & Gamble Co. He also would make it riskier for Americans to stash money in tax-haven banks. The tax system is “full of corporate loopholes,” Obama said at the White House today, as he outlined the plan along with Treasury Secretary Timothy Geithner. The tax proposals, which will be part of a detailed budget the administration releases later this week, would raise a total of about $210...
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<p>WASHINGTON -- Rampant redistribution of wealth by government is now the norm. So is this: It inflames government's natural rapaciousness and subverts the rule of law. This degeneration of governance is illustrated by the Illinois Legislature's transfer of income from some disfavored riverboat casinos to racetracks.</p>
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Pittsburgh, PA. The Super Bowl XLIII Champion Pittsburgh Steelers, the only team to win six titles, will soon be loosing half of those trophies. After a meeting between NFL Commissioner Rodger Gadel and President Barack Hussain Obama, Obama decided to redistribute half of their Steeler Super Bowl victories and trophies to less fortunate teams in the league. “We live everyday in the country that invented the Super Bowl.” said Obama “We are not about to lose this Great American tradition in the wake of these difficult times.” Obama’s plan calls for the Steelers, who are a successful NFL team, to...
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