Apr 23, 2013 No Comments ›› Jack Flash
Related: Hacked AP Twitter Feed Reports Explosions In White House, Obama Injured Excerpted from The Wall Street Journal: U.S. stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering on Tuesday, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday afternoon before finishing ...
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Apr 23, 2013 No Comments ›› Jake Hammer
Excerpted from THE DAILY CALLER WASHINGTON — Republican lawmakers on Tuesday accused the Obama administration of a creating a “phony and contrived” crisis as travelers across the country face delays due to the Federal Aviation Administration’s furlough of air traffic controllers. “It smells,” South Dakota Sen. John Thune told reporters in the Capitol on Tuesday. “It smells ...
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Apr 15, 2013 No Comments ›› Jake Hammer
Excerpted from FOX NEWS The economic news in America has gone from bad to worse. First, we found out the jobs numbers are collapsing. Then retail sales figures were released- they show across the board contraction. Next, we found out U.S. business inventory figures were a disappointment. Finally, consumer confidence not only collapsed, but it was ...
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Apr 15, 2013 No Comments ›› Chuck Biscuits
Excerpted from CNBC: Gold prices continued to plummet Monday on concern that Cyprus will have to sell excess reserves of the precious metal to raise about $522 million to help finance that country's $13 billion international bailout, Dennis Gartman, editor of The Gartman Letter, told CNBC. "There are a lot of people throwing up their ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from WSJ WASHINGTON—President Barack Obama and First Lady Michelle Obama paid $112,214 in federal income taxes in 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said Friday. The first family's income declined from the $789,674 in adjusted gross income they reported in 2011. That year they paid total federal ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from WASHINGTON TIMES President Obama’s budget doesn’t just go after wealthy Americans. It’s also got new taxes on vodka, cigarettes and other unexpected items, ABC News reported. The fiscal 2014 spending plan, which looks to raise about $1.8 trillion in new revenue, also tackles golf courses, which can no longer be counted as partial tax write-offs, ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from WASHINGTON TIMES Vice President Joe Biden and his wife, Dr. Jill Biden, took in $26,400 in 2012 by renting a cottage on the property of their Delaware home to the Secret Service, tax records released by the White House revealed. They netted $17,944 of that rental money. The arrangement under which the vice president charged the ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from CNS NEWS On Wednesday, President Barack Obama released his FY 2014 Budget in which he proposes more taxes on the American people - but the tax code is already 13 miles long! According to CCH Standard Federal Tax Reporter, the current U.S. Federal Tax code is 73,954 pages long. A standard sheet of paper is 8.5 ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from CNS NEWS - Rep. Virginia Foxx (R-N.C.) said the U.S. tax code is now four times longer than the Bible. She spoke Friday at a “Countdown to Tax Day” press conference organized by Americans for Tax Reform. “I want to point out that the tax code is four times more than our Bible. And if ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from JUDICIAL WATCH Here is an enraging example of reckless government spending; The United States blows more than the entire economy of most countries to enforce the many rules and regulations of its numerous federal agencies. Can you say government on steroids? It’s a crazy system in which a bloated government meddles in areas that it ...
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Apr 12, 2013 No Comments ›› Jake Hammer
Excerpted from BIG GOVERNMENT The centerpiece of Democrat Terry McAuliffe's campaign for VA Governor this year is his record as a businessman. This experience, he argues, gives him the experience to be able to create jobs in the commonwealth. New questions about past claims, however, are putting his full business record under closer scrutiny. This ...
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Apr 11, 2013 No Comments ›› iResist
Excerpted from Yahoo! News: Pop quiz: Which public company had the highest market capitalization of all time when adjusted for inflation? Here's a hint, it shares the same fate as Borders, Woolworth, Circuit City and Blockbuster. In other words, it went bankrupt and disappeared taking loyal shareholders' money with it. Before I give you the answer, it's ...
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Apr 10, 2013 No Comments ›› Jake Hammer
Excerpted from CNS NEWS - In the historical tables it released along with President Barack Obama's fiscal 2014 budget proposal this morning, the White House Office of Management and Budget revealed that in fiscal 2016, under the president's budget proposal, it expects Obama to become the first president in the nation's history to preside over a ...
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Apr 6, 2013 No Comments ›› Jake Hammer
Excerpted from AP — After a full year of fruitless job hunting, Natasha Baebler just gave up. She’d already abandoned hope of getting work in her field, counseling the disabled. But she couldn’t land anything else, either – not even a job interview at a telephone call center. Until she feels confident enough to send out resumes again, ...
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Apr 6, 2013 No Comments ›› Jake Hammer
Excerpted from THE DAILY CALLER An attempt by Colorado lawmakers to ban welfare recipients from withdrawing their benefits at ATMs located inside strip clubs was killed by Democrats Thursday night, even though the state House’s third-ranking Democratic legislator supported the measure. Democratic Rep. Dan Pabon lent his support to the Republican-led proposal, offered as an amendment during ...
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Apr 6, 2013 No Comments ›› Jake Hammer
Excerpted from WEEKLY STANDARD The Republican side of the Senate Budget Committee is breaking down President Obama's budget with this preliminary analysis: The budget will be released next week "The figures regarding the President’s plan are based on numbers reported in the media today, the table posted on the White House (WH) website, and information regarding Senator ...
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Apr 5, 2013 No Comments ›› Jake Hammer
Excerpted from THE HILL President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts. The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code. The senior ...
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