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Groovanauts.com > Everything Else > Politics / Economics > Barackalypse Now.

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Registered: Jun 2006
Age: 35
Location: Gotham
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poor Barry, nobody loves him anymore. $3.6trillion budget rejected in House 414-0. Dems have said they support Obama's budget-but none voted for it.

Money Driven, Anal Lover, Yankee Fan, Cowboy up & I Ride w/ the Heat!! I'm a relentless & persistent animal my desire is to be the worlds greatest. - me

“Liberalism is a mental disorder" ~MIKE SAVAGE

“I'd like to thank the good Lord for making me a Yankee.”
Joe DiMaggio

Them that governs least, governs best- Thomas Jefferson

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
- Thomas Jefferson

Lead me, follow me, or get out of my way. - General George Patton Jr

I love my wife & my life.

"I am an Animal Rescuer. My work is never done, my home is never quiet, my wallet is always empty...but my heart is always full." Annette King-Tucker

"Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem."

Vic's daily to do list:

1- Hug a tree
2- 550 useless posts
3- Check in with Domjuan's secretary to see what hes up to for the day.
4- Tweet Obama 150 times
5- Master-bate to pics of Cindy Sheehan
6 - Spread innovative thinking that failed 25 years ago in Europe.
7- Burn an American flag
8- Spew out racist remarks to anybody that isn't a tree-huger like himself.

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03-29-2012 10:30 AM domjuan is offline

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vicman
Commie Tax Hiker

Registered: Dec 2001
Age: 65
Location: Treasury
Posts: 34270
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doesnt your sister work in Congress? ask her what the fine gentleman from South Carolina did in putting the budget up for a vote. would be wise if you looked beyond the Fox News headlines dom, but i bet you lack the intelligence to do so.

vicman ~ fastest in all of mexico

NOW LISTENING TO:

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"When I need my weather, there is only one place I turn to: EPIC Weather. On the Weather Channel." ~ Andy 'muthafokin' Moore

Lets watch Dom promise joining the Armed Forces, then back out 5 minutes later.

DOM:
I would be willing to enlist, unlike you, point proven .I said it in 2001 and my stance hasn't changed, If somebody attacks American on our soil and gets on tv or net and says come get us you Yankee p*ssies. I would join the military in 2 seconds.

Al-Qaeda isnt a country moron. They are a global organizations of scumbags.

First of all bin ladon didn't take credit for attacks in 2001, he denied it until 2004. When was he elected president of Afghanistan?2000?If so hes had a great 11 run so far... Considering hes been rumored to be in Pakistan for years, he doesn't fit into either of my criteria's.

Dom's daily to do list:

1- Kiss his "wife" on his way out of his house
2- Blame everything on Obama
3- Give no credit to Obama, even when Bin Laden, al-Awlaki, and Gaddafi were taken care of
3- Dump all his work on his secretary
4- Twitter, facebook for 2 hours
5- Post on Yankee/Jets/Knicks blogs
6 - Read conservative blogs and watch Fox
7- Select items from said sources that he lift and pass on as his own
8- Get schooled on his ignorance everyday
9- Spray tan so he's ready to club 24/7/365 for the next epic party that he will attend

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03-30-2012 10:23 AM vicman is offline

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vicman
Commie Tax Hiker

Bowles-Simpson budget, the only bi-partisan budget, went down in flames. so much for the House in getting bi-partisan measures seriously considered.

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03-30-2012 10:29 AM vicman is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

GOP-run House Easily Rejects Obama Budget

Wednesday, 28 Mar 2012 09:47 PM

The Republican-run House has overwhelmingly rejected President Barack Obama's $3.6 trillion budget for next year after a vote forced by GOP lawmakers to embarrass Democrats.

Republicans have opposed Obama's budget all year, criticizing its tax increases on the wealthy and saying it lacks sufficient spending cuts.

Democrats have defended Obama's budget priorities but they largely voted "no" Wednesday night.

Republicans said Democrats were afraid to vote for Obama's proposed tax increases and extra spending for energy and welfare. Democrats said Republicans had forced a vote on a version of Obama's budget that contained only its numbers, not the policies he would use to achieve them.

The vote was 414-0.

The vote came as the House debated a GOP budget that contains far more deficit reduction than Obama has proposed.

© Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Read more on Newsmax.com: Obama's Budget Fails in House
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

414-0!!!!!!!

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03-30-2012 10:39 AM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

The Department Of Homeland Security Is Buying 450 Million New Bullets
Eloise Lee | Mar. 28, 2012, 11:31 AM | 185,115 | 346

U.S. Immigration and Customs Enforcement
The Department of Homeland Security (DHS) and its Immigration and Customs Enforcement (ICE) office is getting an "indefinite delivery" of an "indefinite quantity" of .40 caliber ammunition from defense contractor ATK.

U.S. agents will receive a maximum of 450 million rounds over five years, according to a press release on the deal.

The high performance HST bullets are designed for law enforcement and ATK says they offer "optimum penetration for terminal performance."

This refers to the the bullet's hollow-point tip that passes through barriers and expands for a bigger impact without the rest of the bullet getting warped out of shape: "this bullet holds its jacket in the toughest conditions."

We've also learned that the Department has an open bid for a stockpile of rifle ammo. Listed on the federal business opportunities network, they're looking for up to 175 million rounds of .223 caliber ammo to be exact. The .223 is almost exactly the same round used by NATO forces, the 5.56 x 45mm.

The deadline for earlier this month was extended because the right contractor just hadn't come along.

Looks like the Department of Homeland Security means business.

Read more: http://www.businessinsider.com/us-immigration-agents-are-loading-up-on-as-many-as-450-million-new-rounds-of-ammo-2012-3#ixzz1qcDhF0EN

450,000,000 new bullets!! Were they on back-order from President Bush?He's just keeping us safe right?Yeah, from those Conservative/Tea Partier/KKK/Christian domestic terrorist-extremists. Let's see. That's easily one bullet for every man,tranny, woman, child currently in our country with a few left over for good measure.This president is such a hypocrite.

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03-30-2012 11:48 AM domjuan is offline

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vicman
Commie Tax Hiker

so dom is against keeping America safe and letting all the illegals and drug lords take over.

WHY DO YOU HATE AMERICA SO MUCH MR. FRIED CHICKEN DOM?

btw, cant be a back order from Bush since he was only good in sending soldiers into combat without the necessary equipment and providing 3rd world health care once they came back.

lets get rid of DHS then, 59billion saved on a Departments that really has no idea what its supposed to do as Department and whose workers hate working there. Talk about the unnesecary expansion of the Federal Government...whats that? A Republican neo-con created this monstrosity?

Last edited by vicman on 03-30-2012 at 12:19 PM

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03-30-2012 12:13 PM vicman is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

HURT: Brutal week for Obama, the worst of his presidency

By Charles Hurt

Thursday, March 29, 2012

ANALYSIS/OPINION:

The past seven brutal days will go down as one of the worst weeks in history for a sitting president. It certainly has been, without any doubt, the worst week yet for President Obama.

Somehow, Mr. Obama managed to embarrass himself abroad, humiliate himself here at home, see his credentials for being elected so severely undermined that it raises startling questions about whether he should have been elected in the first place — let alone be re-elected later this year.

Consider:

• Last Friday, Mr. Obama wandered into the killing of Trayvon Martin. Aided by his ignorance of the situation, knee-jerk prejudices and tendency toward racial profiling, Mr. Obama played a heavy hand in elevating a tragic situation in which a teenager was killed into a full-blown hot race fight.

Americans, he admonished, need to do some “soul-searching.” And then, utterly inexplicably, he veered off into this bizarre tangent about how he and the poor dead kid look so much alike they could be father and son. It was election-year race-pandering gone horribly wrong.

• By the start of this week, Mr. Obama had fled town and was racing to the other side of the planet just as the Supreme Court was taking up the potentially-embarrassing matter of Obamacare. While in South Korea he was caught on a hidden mic negotiating with the president of our longest-standing rival on how to sell America and her allies down the river once he gets past the next election.

• Meanwhile, back at home, the Supreme Court took up the single most important achievement of Mr. Obama’s presidency and, boy, was it embarrassing. The great constitutional law professor, it turns out, may not quite be the wizard he told us he was.

By most accounts, Mr. Obama and his stuttering lawyers were all but laughed out of the courthouse. They were even stumbling over softball questions lobbed by Mr. Obama’s own hand-picked justices.

• Mr. Obama closed his week pulling off a nearly unimaginable feat: He managed to totally and completely unify the nastily-fighting Democrats and Republicans in Congress. Late Wednesday night, they unanimously voted — 414 to zip — to reject the budget Mr. Obama had presented, leaving him not even a thin lily’s blade to hide behind.

So, in one week, Mr. Obama got caught whispering promises to our enemy, incited a race war, raised serious questions about his understanding of the Constitution, and then got smacked down over his proposed budget that was so wildly reckless that even Democrats in Congress could not support it.

It was as if you lumped Hurricane Katrina and the Abu Ghraib abuses into one week for George W. Bush. And added on top of that the time he oddly groped German Chancellor Angela Merkel and got caught cursing on a hot mic.

Even then, it wouldn’t be as bad as Mr. Obama’s week. You would probably also have to toss in the time Mr. Bush’s father threw up into the lap of Japan’s prime minister. Only then might we be approaching how bad a week it was for Mr. Obama.

Not that you will see any trace of embarrassment in the face of Mr. Obama. He has mastered the high political art of shamelessness, wearing it smugly and cockily. Kind of like a hoodie.

• Charles Hurt can be reached at charleshurt@live.com.

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03-30-2012 05:25 PM domjuan is offline

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translucent
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He's still gonna win. Wall St just had the best 1st quarter since 1998. The GOP has nothing on him to beat that.

"Tresor never sleeps"

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03-31-2012 12:49 AM translucent is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Originally posted by translucent
He's still gonna win. Wall St just had the best 1st quarter since 1998. The GOP has nothing on him to beat that.

We also had a great first quarter last year and the market fell the rest of the year on average, my guess is we blew our load early, i dont see the market rising 20 percent in an election year with a stagnant economy at best. Obamacare getting overturned is Romneys best shot to win.

Money Driven, Anal Lover, Yankee Fan, Cowboy up & I Ride w/ the Heat!! I'm a relentless & persistent animal my desire is to be the worlds greatest. - me

“Liberalism is a mental disorder" ~MIKE SAVAGE

“I'd like to thank the good Lord for making me a Yankee.”
Joe DiMaggio

Them that governs least, governs best- Thomas Jefferson

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
- Thomas Jefferson

Lead me, follow me, or get out of my way. - General George Patton Jr

I love my wife & my life.

"I am an Animal Rescuer. My work is never done, my home is never quiet, my wallet is always empty...but my heart is always full." Annette King-Tucker

"Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem."

Vic's daily to do list:

1- Hug a tree
2- 550 useless posts
3- Check in with Domjuan's secretary to see what hes up to for the day.
4- Tweet Obama 150 times
5- Master-bate to pics of Cindy Sheehan
6 - Spread innovative thinking that failed 25 years ago in Europe.
7- Burn an American flag
8- Spew out racist remarks to anybody that isn't a tree-huger like himself.

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03-31-2012 11:15 AM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

i LOVE HOW THE LIBERAL MEDIA IS SAYING ITS NOW GOOD FOR OBAMA IF OBAMACARE GETS OVERTURNED. THE GUY WASTED 2 YEARS ON THIS AND ITS GOOD IF IT GETS OVERTURNED? HOW THE HELL IS HE RE ELECTABLE IF ALL OF HIS TIME WAS WASTED ON FAILED POLICIES? STIMULUS AND OBAMACARE,,,, LIBERAL MEDIA MUST HAVE A DIFFERENT THRESHOLD OF A SUCCESSFUL PRESIDENT THAN I DO.

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03-31-2012 12:19 PM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

The President's Speech Distorts the Truth to Distract From His Failed Record
by Paul Ryan on Tuesday, April 3, 2012 at 5:30pm ·

In today's disappointing speech, the President made a series of claims that are simply false.

The President's attacks began with an admission that his assumptions reflect White House spin, not our budget's substance: “I want to go through what it would mean for our country if these cuts were to be spread out evenly." Of course, the assumption that our budget makes these kinds of indiscriminate cuts is false. The House Budget Committee made dozens of specific assumptions to justify our numbers, and we made these assumptions public in the hundreds of pages of text we posted in plain view on the House Budget Committee’s website. It’s not a “secret plan” to “never tell us where the knife may fall” – it is a specific plan to cut waste, eliminate programs that don’t work, end crony politics, and carefully prioritize hardworking taxpayers’ money in precisely the way leaders of the President’s party have refused to do for over three years. In a related vein, does this new standard allow for analyses of the President’s budget to go through what it would mean for the country if the President’s $2 trillion tax increase were to be spread out evenly?

Instead of using numbers from the actual House-passed budget, the President’s claims relied on false assumptions created out of thin air by the White House.

As a matter of fact, it is actually the President’s budget that makes it far more likely that college students, the sick, mothers, young children, seniors and all Americans would face harsh disruptions in government services and indiscriminate cuts. By making our unsustainable fiscal trajectory worse, his budget guarantees a debt-fueled economic crisis, which would hurt society’s most vulnerable the first and the worst.

With respect the many false claims from today’s speech:

CLAIM: The Path to Prosperity would gut “the very things we need to grow an economy that's built to last -- education and training; research and development.”
REALITY:
Education: The Obama administration’s policies have recklessly endangered the viability of the Pell program and helped fuel an unprecedented surge in tuition costs, which rose by over 8 percent last year. The Path to Prosperity aims to tackle the urgent problem of tuition inflation by encouraging innovation in higher education and making the Pell program sustainable. Contrary to the President’s false attacks, The Path to Prosperity maintains the maximum Pell award of $5,550.
Job Training: The Obama administration’s track record in this area has been dismal: For instance, the “green” skills training program, funded by $500 million in stimulus funds, that resulted in a mere 2 percent of trainees retaining jobs for more than six months. The Path to Prosperity advances reforms to increase job-training outcomes across the board by calling for the streamlining of duplicative federal job-training programs into a strengthened workforce development system with fewer funding streams that provide accountable, targeted career scholarship programs.
Research and Development: The Obama administration has steered government away from investments in basic research and toward investments in specific companies, often controlled by top donors to the Democratic Party. The Path to Prosperity would continue funding essential government missions, including energy security and basic research and development, while putting an end to the administration’s crony politics. The Path to Prosperity rejects the administration’s insistence on taking from hardworking taxpayers in order to fuel special interest favoritism, like its failed ‘investments’ in specific companies like the now-bankrupt solar company Solyndra.

CLAIM: The Path to Prosperity’s Medicaid reforms would “take away health care for about 19 million Americans -- 19 million.”
REALITY: 19 million is about the number of Americans forced into Medicaid by the President’s new health care law – so the President is just using a novel way of saying that we oppose his health care takeover and propose to repeal it. Medicaid is failing the people it currently serves, because the straightjacket of one-size-fits-all federal mandates imposed on the states has limited their flexibility to design programs that effectively serve their unique populations. Forcing another 20 million Americans into a broken Medicaid system is one of the many reasons Republicans opposed the President’s health care law and continue to support its repeal. Turning power over Medicaid to the states would result in a better program that more effectively serves those it is intended to help.

CLAIM: “Who are these Americans? Many are someone’s grandparents who, without Medicaid, won’t be able to afford nursing home care without Medicaid. Many are poor children. Some are middle-class families who have children with autism or Down’s Syndrome. Some are kids with disabilities so severe that they require 24-hour care. These are the people who count on Medicaid.”
REALITY: If the President is talking about new Americans added to Medicaid as a result of the health care law, then these are not people who currently rely on Medicaid for their care. As for people who do currently rely on Medicaid, freeing states to focus aid on the truly needy individuals the President describes is the only way to ensure that these individuals are guaranteed affordable, quality care. The one-size-fits-all approach favored by the President forces states to save money by making one-size-fits-all cuts – hitting all Medicaid-eligible individual with the same cuts, regardless of need. The President is the one jeopardizing care for the people he describes.

CLAIM: “Instead of being enrolled in Medicare when they turn 65, seniors who retire a decade from now would get a voucher that equals the cost of the second cheapest health care plan in their area. If Medicare is more expensive than that private plan, they’ll have to pay more if they want to enroll in traditional Medicare.”
REALITY: The President appears to be either grossly misinformed or determined to mislead with regard to the House Republicans’ proposal to save and strengthen Medicare. All plans offered in the new Medicare exchange would be required to cover at least the actuarial value of the benefits offered by traditional Medicare, meaning that if the second-lowest-cost private plan is cheaper than traditional Medicare it is providing the same benefits in a more cost-effective way. The whole point is that private plans should be allowed to compete with traditional Medicare to deliver the same benefits at a lower cost. The result? Seniors get better value as providers are forced to compete against each other to better serve the patient. The President fails to grasp the basic concept that choice and competition remain the best means to delivers higher quality care at a lower cost.

CLAIM: “If health care costs rise faster than the amount of the voucher -- as, by the way, they’ve been doing for decades -- that’s too bad.”
REALITY: That too is wrong. Under competitive bidding, there is no risk that any senior will be unable to afford his or her guaranteed Medicare benefits. There will always be one plan that is fully covered by the premium-support payment, and there will always be one plan that costs even less. Lower-income seniors and those with greater health risks receive extra protection – fully funded savings accounts to offset out-of-pocket costs and risk-adjusted payments to cover greater health care needs. Bipartisan experts agree that implementing these reforms in Medicare could be the key to putting downward pressure on health care costs for everyone.

CLAIM: “Seniors bear the risk. If the voucher isn’t enough to buy a private plan with the specific doctors and care that you need, that’s too bad.”
REALITY: Incorrect: If Medicare spending grows faster than GDP + 0.5 percent – the same growth rate that the President has proposed for his board of 15 unaccountable bureaucrats (IPAB) to impose upon Medicare – then Congress would be required to intervene and could implement policies that change provider reimbursements, program overhead, and means-tested premiums. Under our plan, the entire risk would not fall on the beneficiary – Congress would be required to act. Under the President’s plan, the entire risk of IPAB’s cuts – which Medicare’s own chief actuary has said could “jeopardize access to care for beneficiaries” – would fall on the senior unless a supermajority of Congress voted to intervene.

CLAIM: “So most experts will tell you the way this voucher plan encourages savings is not through better care at cheaper cost. The way these private insurance companies save money is by designing and marketing plans to attract the youngest and healthiest seniors -- cherry-picking -- leaving the older and sicker seniors in traditional Medicare, where they have access to a wide range of doctors and guaranteed care. But that, of course, makes the traditional Medicare program even more expensive, and raise premiums even further.”
REALITY: Again, the President is simply wrong. Cherry-picking is prohibited under our reforms. Page 53 explicitly states “Seniors would be guaranteed a plan that is at least the value of the traditional fee-for‐service Medicare option. Health plans that participate alongside a traditional Medicare option in the Medicare Exchange would be required to offer insurance to all seniors — regardless of age and health status — thereby preventing insurers from cherry-picking only the healthiest seniors for coverage under their plans. These protections ensure that Medicare’s sickest and highest‐cost beneficiaries have access to affordable and quality coverage choices. The proposal requires all plans on the Exchange to include guaranteed issue (i.e., they cannot deny coverage based on pre‐existing conditions) and community rating (i.e., they cannot impose prohibitively disparate costs on seniors) to ensure that seniors are able to choose an affordable health plan that works best for them — without fear of denial or discrimination.”
Not only are all seniors guaranteed coverage regardless of health history, our plan includes risk-adjusting as an extra precaution against cherry-picking. On page 53-54: “The federal contribution to seniors’ health plans would be risk‐adjusted so that the sickest seniors are protected from high premiums as well as adverse selection from insurers. Building on the risk‐adjustment tools currently used by the Centers for Medicare and Medicaid Services (CMS), proper risk adjustment would ensure that seniors with the highest health costs would still be able to find an affordable plan. Federal contributions would be increased to account for a senior’s health status and age. CMS would also conduct an annual risk review audit of all insurance plans participating in the Medicare Exchange. Insurance plans covering a higher‐than‐average number of low‐risk seniors would pay a fee. Conversely, insurance plans covering a higher-than‐average number of high‐risk seniors would receive an incentive payment. The fees and incentive payments would flow internally through the same fund, so that payments to plans that cover high-cost patients would be funded wholly by the fees from plans that cover low-cost patients.”
The President is clearly, indisputably wrong.

CLAIM: “The net result is that our country will end up spending more on health care, and the only reason the government will save any money -- it won’t be on our books -- is because we’ve shifted it to seniors. They’ll bear more of the costs themselves. It’s a bad idea, and it will ultimately end Medicare as we know it.”
REALITY: The President’s health care law ended Medicare as we know it when it put the program’s future in the hands of 15 unelected, unaccountable bureaucrats and vested them with nearly unchecked power to cut Medicare spending in ways that will leave seniors with denied access to care. By contrast, our vision puts 50 million seniors in charge of their own health care decisions and lets the power of choice and competition work to improve quality and lower costs in health care.

To learn more: http://budget.house.gov/SettingtheRecordStraight/

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04-04-2012 12:03 PM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Yahoo Cuts 14 Percent Of Workforce; 2,000 Given Pink Slips; Will Save $375M

Yahoo has made its massive round of layoffs official. The company just released a statement saying that 2,000 jobs have been cut, or 14 percent of it total workforce (which was previously around 14,000). We’ve pasted the release below.

“Today’s actions are an important next step toward a bold, new Yahoo! – smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require. We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose – putting our users and advertisers first – and we are moving aggressively to achieve that goal,” said Yahoo’s CEO Scott Thompson. “Unfortunately, reaching that goal requires the tough decision to eliminate positions. We deeply value our people and all they’ve contributed to Yahoo!.”

Yahoo says that it will save $375 million upon completion of the layoffs. The company currently expects $125 to $145 million in a pretax cash charge relating to employee severance packages.

As AllThingsD’s Kara Swisher reported yesterday, the layoffs will extend throughout the entire company, but the product division is expected to be hit the hardest. Yahoo will also announce a new reorganization of the company in the near future. And this may not be the end of the road for Yahoo in terms of layoffs. Swisher says that as Yahoo consolidates its businesses and strategy, more employees could be let go.

This is one of the largest round of layoffs for Yahoo in recent years. In December 2010, Yahoo cut 4% of its global workforce, which amounted to 560 employees.

Best of luck to those Yahoo employees affected by today’s news.

Yahoo! today confirmed that it is taking important next steps to reshape the company for the future.

“Today’s actions are an important next step toward a bold, new Yahoo! – smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require. We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose – putting our users and advertisers first – and we are moving aggressively to achieve that goal,” said Scott Thompson, CEO of Yahoo!. “Unfortunately, reaching that goal requires the tough decision to eliminate positions. We deeply value our people and all they’ve contributed to Yahoo!.”

Yahoo! has a solid foundation – nearly 700 million users and thousands of advertisers that engage with Yahoo! properties regularly and trust the company with their data and their business. Through its restructuring efforts, Yahoo! intends to grow by responding more quickly to customer needs and competing more effectively in areas where it can win. Yahoo! has identified key parts of the business – a select group of core businesses, the platforms that support those core businesses, and the data that drives deep personalization for users and ROI for advertisers – where the company will intensify efforts and redeploy resources globally, all focused on increasing shareholder value. With a clear focus on profitability and growth, the company will be disciplined in its investments and radically simplify how it builds, launches and maintains many of its properties and products.

Today, the company will begin the process of informing employees about these changes. As part of that effort, approximately 2,000 people will be notified of job elimination or phased transition.

Yahoo! expects to realize approximately $375 million of annualized savings upon completion of all employee transitions. The company currently expects to recognize the majority of an estimated $125 to $145 million pretax cash charge relating to employee severance in its second quarter financial results. The company may incur additional charges in connection with this action. More information will be provided about Yahoo!’s future direction in conjunction with the release of its first quarter financial results on April 17, 2012.

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04-04-2012 01:23 PM domjuan is offline

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translucent
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Lord of Laziness

What does the demise of Yahoo have to do with Obama? The company is doing poorly cause it got creamed by Google and couldn't adapt fast enough. That's capitalism for you. By that same logic, Obama should be given credit for Apple's success.

"Tresor never sleeps"

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04-04-2012 02:27 PM translucent is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

April 04. 2012 1:32PM
ADP report: Jobs increase, but ‘we aren't stepping up to the next level'

By Ken Tarbous
3

Private-sector nonfarm employment grew by 209,000 jobs on a seasonally adjusted basis in March, according to the national employment report released today by Roseland-based Automatic Data Processing, which revised its February numbers upward to 230,000, from the initial report of 216,000.

The numbers were slightly above consensus expectations, but held no surprises, said Joel Prakken, chairman of Macroeconomic Advisers LLC, which co-authors the monthly report with ADP.

"While I'm pleased with today's number — another month, another few hundred thousand jobs — I'm left with this concern that we aren't stepping up to the next level here," he said.

Prakken said the economy needs to add 300,000 to 400,000 jobs per month to get back to full employment.

Kurt W. Rotthoff, assistant professor of economics and finance at the Stillman School of Business at Seton Hall University, said job growth, while positive, is moving much slower than expected.

"We trying to get back to the point where we were before the financial crisis, which doesn't take into account the fact that under normal times, we would have been growing over the past four or five years," Rotthoff said. "If you take that into account, we're even further off the pace than we hoped to be."

Rotthoff said falling unemployment numbers can be biased because they reflect not only people who get jobs, but also those who leave the work force, resulting in a reduction to the labor force participation rate. The ADP report is based on payroll data.

"If they are leaving the labor force as a whole, they're neither employed nor unemployed, they just simply stop looking," Rotthoff said. "It can make the percentiles look like they are doing something in a positive manner when it's not actually doing something to the betterment of our society and our people."

The service-providing sector, a large driver of the overall U.S. economy, added 164,000 jobs. The goods-producing sector grew by 45,000 jobs; within that sector, manufacturing added 23,000 jobs, construction grew by 13,000 jobs and the financial services sector added 8,000 jobs, according to the report.

Most of the job growth in March was on small payrolls. Companies with up to 49 employees added 100,000 jobs. Another 87,000 were added on mid-size payrolls, 50 to 499 employees, and large payroll with 500 or more employees grew by 22,000 jobs, according to the report.

The report's numbers, which are compiled by ADP using payroll records, include only private-sector jobs. The federal Bureau of Labor Statistics will release the results of its survey on nonfarm payroll employment, which includes government workers, Friday.

8.3% projected again, still waiting for that elusive 8% mr president...

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04-04-2012 02:31 PM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Originally posted by translucent
What does the demise of Yahoo have to do with Obama? The company is doing poorly cause it got creamed by Google and couldn't adapt fast enough. That's capitalism for you. By that same logic, Obama should be given credit for Apple's success.

Any economic downfall caused by obamas failed policies are in my thread. The fact that Facebook stole its current CFO Sheryl Sandber from Google doesn't help either. They deserve a bailout imo , this president doesn't beleive in capitalism like us reasonably intelligent Americans.

Money Driven, Anal Lover, Yankee Fan, Cowboy up & I Ride w/ the Heat!! I'm a relentless & persistent animal my desire is to be the worlds greatest. - me

“Liberalism is a mental disorder" ~MIKE SAVAGE

“I'd like to thank the good Lord for making me a Yankee.”
Joe DiMaggio

Them that governs least, governs best- Thomas Jefferson

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
- Thomas Jefferson

Lead me, follow me, or get out of my way. - General George Patton Jr

I love my wife & my life.

"I am an Animal Rescuer. My work is never done, my home is never quiet, my wallet is always empty...but my heart is always full." Annette King-Tucker

"Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem."

Vic's daily to do list:

1- Hug a tree
2- 550 useless posts
3- Check in with Domjuan's secretary to see what hes up to for the day.
4- Tweet Obama 150 times
5- Master-bate to pics of Cindy Sheehan
6 - Spread innovative thinking that failed 25 years ago in Europe.
7- Burn an American flag
8- Spew out racist remarks to anybody that isn't a tree-huger like himself.

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04-04-2012 02:39 PM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Stocks suffer worst loss in a month; Dow off 125
APNews

Stocks suffer worst loss in a month; Dow off 125

European debt flared again as a worry for Wall Street and drove stocks Wednesday to their worst loss in a month. The Dow Jones industrial average lost 125 points, and the price of gold plunged to its lowest level since January.

It was only the second time this year the Dow has recorded a triple-digit decline. The average gained 8 percent from January through March, its best first quarter since 1998, but has lost 1 percent already in April.

The Dow was down as much as 179 points earlier in the day. It recovered to close down 124.80 at 13,074.75. Only four of the 30 stocks that make up the average rose for the day.

A disappointing auction of government debt in Spain signaled that investor confidence in that country's finances is weakening. Spain announced tax increases and budget cuts last week, which could hurt its economy further.

Bond yields in Spain shot higher, making it more expensive for the country to raise money. Benchmark stock indexes fell 2.8 percent in Germany, 2.7 percent in France and 2.3 percent in Britain.

Investors had scarcely stopped worrying about the fate of Greece when Spain took its place as the flashpoint of the debt crisis that has hobbled Europe for more than two years.

"It's like when cockroaches appear: You're never quite sure how many are out there," said John Manley, chief equity strategist for Wells Fargo Advantage Funds.

In the U.S., the Standard & Poor's 500 index finished down 14.42 at 1,398.96. The technology-heavy Nasdaq composite index fell 45.48 to 3,068.09, its worst decline of the year and the sixth loss in seven days.

Crude oil fell $2.54 a barrel to $101.47, its lowest level since mid-February. Investors looking for safe places to park money drove prices for U.S. government debt and the value of the dollar higher.

The euro fell as low as $1.3106, its lowest point against the dollar in more than two weeks. It traded at $1.3217 late Tuesday.

Commodity prices fell sharply. Gold plunged $57.90, or 3.5 percent, to $1,614.10 an ounce. Many investors hold gold as a hedge against a weakening dollar.

Gold doubled in price after the 2008 financial crisis and almost hit $1,900 an ounce, driven partly by fear about the global economy and partly by investors who saw an opportunity to make money from gold's strong rally.

Silver fell more than 6 percent Wednesday, and copper fell 3 percent. The price of crude oil fell $2.54 per barrel to $101.47, its first close below $102 since mid-February.

On Tuesday, minutes from the last meeting of the Federal Reserve showed that members had a sunnier view of the economy because of strong gains in the job market in December, January and February.

The Fed signaled that because the economy is improving, it is unlikely to buy bonds to stimulate the economy further. The Fed launched bond-buying programs in 2009 and 2010 to lower interest rates and help stock prices.

Payroll processor ADP said Wednesday that the economy added 209,000 private-sector jobs in March. Economists think the government's monthly unemployment report on Friday will show a gain of 210,000 for March. Job growth averaged 245,000 from December through February.

Traders sold European bonds and bought safer investments such as German bunds and U.S. Treasurys. The yield on the 10-year Treasury note fell to 2.23 percent from 2.29 percent late Tuesday.

Bank stocks, which typically decline when the European debt crisis flares, dropped sharply. Citigroup dropped 3.6 percent, Morgan Stanley fell 3.5 percent, JPMorgan Chase 2.2 percent and Bank of America 3 percent.

"Despite the relatively strong run we've had in the U.S., there's a number of headwinds out there, the main one being Europe," said Bernie Kavanagh, vice president portfolio management at the investment firm Stifel Financial.

The stocks of materials and mining companies fell. Newmont Mining was down 3.6 percent, while Freeport-McMoran Copper fell 1.4 percent. Aluminum maker Alcoa Inc. fell 2.5 percent, one of the biggest declines in the Dow.

In other corporate news:

_ Sears fell 7.4 percent. The retailer is reportedly planning to sell the casual clothing line Lands' End, which it acquired in 2002.

_ SanDisk, which makes memory cards and chips, plunged 11 percent, the most in the S&P, after the company cut its forecast for first-quarter revenue because of weaker demand and lower prices.

_ Home marketer Hovnanian Enterprises Inc. dropped 8.5 percent on fears that a public stock offering of 25 million shares would dilute share value. The company is selling stock to reduce debt.

_ GMX Resources, an independent oil and gas producer, shot up 24 percent after the company reported that a well drilled in McKenzie County, North Dakota was producing oil at a 50 percent higher rate than a nearby well.

#doom

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04-04-2012 08:46 PM domjuan is offline

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translucent
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Originally posted by domjuan
Any economic downfall caused by obamas failed policies are in my thread. The fact that Facebook stole its current CFO Sheryl Sandber from Google doesn't help either. They deserve a bailout imo , this president doesn't beleive in capitalism like us reasonably intelligent Americans.

So you're telling me that all companies that do poorly now only do so as a result of Obama's policies? Companies never failed on their own before Obama and no company will ever fail once he's out of office? What specific policies did Obama enact that caused Yahoo to fail?

"Tresor never sleeps"

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04-05-2012 09:10 AM translucent is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Originally posted by translucent
So you're telling me that all companies that do poorly now only do so as a result of Obama's policies? Companies never failed on their own before Obama and no company will ever fail once he's out of office? What specific policies did Obama enact that caused Yahoo to fail?

Democrats push for new Internet sales taxes

House Democrats try to force online retailers like Amazon to collect sales taxes for out-of-state purchases, saying $23 billion in new taxes could be raised.

by Declan McCullagh July 2, 2010 12:28 PM PDT

The halcyon days of tax-free Internet shopping will, if Rep. Bill Delahunt gets his way, soon be coming to an abrupt end.

Delahunt, a Massachusetts Democrat, introduced a bill on Thursday that would rewrite the ground rules for Internet and mail order sales by eliminating the option for many Americans to shop over the Internet without paying state sales taxes.

At the moment, Americans who shop over the Internet from out-of-state vendors usually aren't required to pay sales taxes. Californians buying books from Amazon.com or cameras from Manhattan's B&H Photo, for example, won't be required to cough up the sales taxes that they would if shopping at a local mall.

This is hardly a new debate: pro-tax officials and state governments have been pressing Congress to require taxes to be collected for a decade or so. They argue that reduced sales tax revenue threatens budgets for schools and police, and say that, as a matter of fairness, online retailers should be forced to collect the same taxes that brick-and-mortar retailers do.

But with states scrambling for new sources of revenue during what may be a double-dip recession, pro-tax lobbyists are hoping that they'll have better luck this year. The National Conference of State Legislatures applauded Delahunt's legislation, saying he should be commended for allowing states to collect as much as $23 billion in new taxes.

So did the Retail Industry Leaders Association, whose tax committee members include Wal-Mart, Home Depot, Costco, AutoZone, Target, and IKEA.

On the other side are groups that advocate for lower taxes and retailers including Amazon.com and eBay. In a statement on Friday, Tod Cohen, eBay's vice president for government relations said: "At a time when unemployment rates are high and small businesses across the country are closing shop, we are confident that Congress will protect small Internet retailers and the consumers they serve from another Internet tax scheme."

Co-sponsors of Delahunt's bill, the "Main Street Fairness Act," include Reps. Michael Capuano, John Conyers, Stephanie Herseth Sandlin, and Peter Welch, all Democrats. No Republican has signed on as a co-sponsor.

The final version of Delahunt's legislation had not yet been made public on Friday, and his office did not immediately respond to queries from CNET. But it's expected to be similar to other versions he's introduced before.

Earlier versions were drafted in response to a U.S. Supreme Court decision saying that, in general, out-of-state retailers can't be required to collect sales taxes unless Congress changes the law. The justices noted in a 1992 case called Quill v. North Dakota: "Congress is now free to decide whether, when, and to what extent the States may burden interstate mail order concerns with a duty to collect use taxes."

One exception to that rule is a legal concept called "nexus," which means a company can be forced to collect sales taxes if it has a sufficient business presence. If Amazon had an office in California, it already would be collecting sales tax for Golden State residents. (Another exception is the sale of cigarettes, which is covered by the Jenkins Act.)

In response to complexity concerns, the pro-tax forces have offered a proposal that they hope Congress can be persuaded to adopt. The concept is called the Streamlined Sales Tax Agreement, invented in 2002 by state tax officials hoping to straighten out some of sales tax laws' most notorious convolutions.

Since then, some 24 states have signed on, either wholly or partially, to the agreement, meaning they agree to simplify their tax codes and make them uniform. If enough states participate, proponents believe it will be easier to convince Congress to make sales collection mandatory for out-of-state retailers.

"Despite a decade of trying to reduce the unreasonable burdens cited by the Supreme Court, the actual simplification achieved by the Streamlined Sales Tax Project is not nearly sufficient to convince Congress that it should abandon its role in protecting interstate commerce," Steve DelBianco, executive director of the NetChoice coalition, said in e-mail on Friday. Coalition members include AOL, eBay, Expedia, and Yahoo.

There is one caveat under existing law: online purchases from sites like Amazon and eBay only seem to arrive tax-free. Legally, however, purchasers are required to pay their own state's sales tax rate--the concept is called a "use tax"--and then voluntarily report the amount owed at tax time. But, state tax collectors say, few do.

State tax collectors haven't exactly been idle while waiting for Congress. They've been trying to force Amazon to turn over purchase records in North Carolina, attempting to force retailers to become tax-tattlers in California and Tennessee, and putting the squeeze on affiliate programs in Colorado.

Earlier this week, the Direct Marketing Association sued Colorado, saying its law requiring out-of-state retailers to turn over purchase history information is unconstitutional.

CAUSING LESS GOOGLE ADVERTISING, LAY OFFS, YOU GET MY DRIFT.

Money Driven, Anal Lover, Yankee Fan, Cowboy up & I Ride w/ the Heat!! I'm a relentless & persistent animal my desire is to be the worlds greatest. - me

“Liberalism is a mental disorder" ~MIKE SAVAGE

“I'd like to thank the good Lord for making me a Yankee.”
Joe DiMaggio

Them that governs least, governs best- Thomas Jefferson

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
- Thomas Jefferson

Lead me, follow me, or get out of my way. - General George Patton Jr

I love my wife & my life.

"I am an Animal Rescuer. My work is never done, my home is never quiet, my wallet is always empty...but my heart is always full." Annette King-Tucker

"Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem."

Vic's daily to do list:

1- Hug a tree
2- 550 useless posts
3- Check in with Domjuan's secretary to see what hes up to for the day.
4- Tweet Obama 150 times
5- Master-bate to pics of Cindy Sheehan
6 - Spread innovative thinking that failed 25 years ago in Europe.
7- Burn an American flag
8- Spew out racist remarks to anybody that isn't a tree-huger like himself.

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04-05-2012 09:29 AM domjuan is offline

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translucent
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Lord of Laziness

That still doesn't have anything to do with Yahoo, which you posted as an example of Obama harming the economy.

"Tresor never sleeps"

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04-05-2012 09:46 AM translucent is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Updated April 6, 2012, 8:42 a.m. ET

Job Growth Loses Steam

By JOSH MITCHELL And ERIC MORATH
bloomburg news

WASHINGTON—U.S. job growth slowed in March, and the labor force shrank, signaling that the economy could be losing momentum.

Jobs outside of agriculture grew by 120,000 last month—half the number that the economy added the prior month—the Labor Department said Friday, marking the first time since November that job growth fell below 200,000.

The unemployment rate, obtained by a separate survey of U.S. households, ticked down a tenth of a percentage point to 8.2%, but the drop resulted in part from fewer Americans seeking work.

Economists surveyed by Dow Jones Newswires expected a gain of 203,000 in payrolls and for the jobless rate to remain at 8.3% for March.

Economists and Federal Reserve officials have said they expect job growth to moderate in 2012 as overall demand in the economy remains weak, gasoline prices rise and Europe slows. Friday's report is the first sign that growth could be moderating.

Improved job growth in recent months had raised questions about whether the Fed would take further steps, such as another round of bond buying, to stimulate growth. Slower growth, as March's report indicates, could be one factor that leads the Fed in that direction.

Private companies again fueled the growth, adding 121,000 jobs in March, the Labor Department said. Governments, meanwhile, cut payrolls by 1,000.

Job growth came from a variety of sectors. Manufacturing employment rose by 37,000, led by gains in the auto industry. Health care, financial services and professional and business services saw big gains.

Retail trade, meanwhile, fell by 34,000. Employment in industries like construction and transportation was flat.

In a promising sign, workers' wage growth picked up. Average hourly earnings rose by five cents to $23.39. Wages were up 2.1% year over year—a faster pace than previous months.

Also, a broader measure of unemployment, which includes job seekers as well as those in part-time jobs, clicked down to 14.5% from 14.9%.

economy like the prez in april, losing steam. Fewer americans seeking work once again. 8% where art thou????????????? #doom

Last edited by domjuan on 04-06-2012 at 09:07 AM

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04-06-2012 09:05 AM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Obama says 2012 will be a "fun debate"

(AP) WASHINGTON - President Barack Obama said Thursday that the 2012 election will be a "fun debate" over two competing visions for the nation, referring to Mitt Romney as the Republican "front-runner" who has backed policies that would undermine middle-class families.

At a fundraiser held at a Washington hotel, Obama told supporters that his administration had spent the past three years "cleaning up after some of that mess, and I don't want to have to do it again." He warned that a budget plan pushed by House Republicans would hurt early childhood education, veterans and road and bridge projects crucial to the nation's economic recovery.

The president told about 250 donors that the House Republican budget was one that "Governor Romney, who is the front-runner on the Republican side, has embraced. He said the budget was marvelous," Obama said. "And when you go through this budget, the vision that it portrays is of an America where everybody is fending for themselves."

Kirsten Kukowski, a spokeswoman for the Republican National Committee, said in response that Obama was "still pointing fingers instead of talking about his accomplishments. The president who was all about hope and change has now resorted to distortion and fear."

Obama revisited many of the same arguments he made earlier in the week during a speech to newspaper executives, in which he framed the election as a choice between his work to use government to help people prosper and Republicans who would let average Americans struggle while pushing policies that help the wealthy few.

"It's going to be a big debate, and it's going to be a fun debate. Because it's always good to have the truth on your side," Obama said.

Romney, campaigning in Pennsylvania, painted Obama as someone who hasn't spent enough time in the real world to be accountable to the needs of ordinary Americans.

"He's so out of touch with the American people that he doesn't see how many people are struggling amidst his policies," Romney said Wednesday night in Broomall, Pa.

Obama spoke at two fundraisers Thursday that were expected to raise at least $1.4 million. The first, a private reception for 20 supporters who paid $40,000 per person, was held at a hotel near the White House.

Tickets at the larger event at another Washington hotel started at $2,500 per person. Proceeds from both events were going to the Obama Victory Fund, a joint fundraising committee of the Obama campaign and the Democratic National Committee.

Through the end of February, Obama has raised about $300 million for his re-election campaign and the DNC during the current election cycle.

© 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

" Cleaning Up After That Mess” . 3.5 years later and the 4th greatest president of all time is still blaming his predecessor? Pathetic excuse for a leader, barry cant take a shred of responsibility?

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04-06-2012 09:49 AM domjuan is offline

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translucent
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I can't wait to see Barry debate Romney! He's gonna wipe the floor with him. All Romney has is the same old crap we've been hearing from the GOP for the last four years. By now, Romney had enough gaffes that it should be a cakewalk for Barry to portray him as the elitist, out of touch Wall Streeter that he really is. Plus, the GOP played right into the Dems' hands by getting suckered into seeming to wage war on women. That's over 50% of the vote right there.

"Tresor never sleeps"

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04-06-2012 10:57 AM translucent is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

By Terence P. Jeffrey
April 5, 2012

(CNSNews.com) - While making positive comments about the most recent five-year-plan developed by the Communist government of the People’s Republic of China, Undersecretary of State Robert Hormats specifically applauded China’s decision to lower taxes because it would spur economic growth.

“What’s really encouraging to me is that there are a lot of groups in China that are reform-minded,” Hormats said while addressing a group of foreign reporters in New York City last week.

“And if you look at the 12th Five-Year Plan, a lot of what is in the 12th Five-Year Plan in China is very consistent with the kind of things we would like China to do in the interest of the global system,” said Hormats.

“China wants to have better distribution of income, for instance,” said Hormats. “China wants to depend less on exports and more on domestic demand, domestic consumption. China wants to address its environmental problems. It wants to deal with issues of corruption. All these things are big pluses.

“China lowered taxes very recently, which will help increase demand, but it’s also good to boost consumption in China,” said Hormats. “So I think what’s interesting is that—sure, there are issues with China that I’ve mentioned--but I think a lot of the reform procedures that are going on in China are consistent with the kind of things that we think will be good for China and for the global system.”

Meanwhile, in a speech in Vermont on Friday, President Barack Obama argued that it was "basic math" that taxes needed to be increased on wealthy Americans so the government could provide more to the poor.

“But if you’re making more than $1 million a year, you can do a little more,” Obama said. “This is not class envy. This is not class warfare. This is basic math--that’s what this is.

“Look, if somebody like me gets a tax break that they don’t need and that the country can’t afford, then one of two things are going to happen--either it adds to our deficit, or we’re taking something away from somebody else,” said Obama.

“Look, there’s no way of getting around that,” said Obama. “Either folks like me are doing more, or somebody who can’t afford it is getting less. And that’s not right.”

According to the U.S. State Department, China has an “authoritarian” regime run by the Communist Party.

“The People's Republic of China (PRC), with a population of approximately 1.3 billion, is an authoritarian state in which the Chinese Communist Party (CCP) constitutionally is the paramount authority,” says the most recent State Department report on human rights in China. “Party members hold almost all top government, police, and military positions. Ultimate authority rests with the 25-member Political Bureau (Politburo) of the CCP and its nine-member Standing Committee.”

You cant make this stuff up. o praises tax cuts in China , saying they help export growth, and increase domestic consumption which would ultimately help the world economy. But he calls for the exact opposite here?? Hey o we have the highest corporate tax rate in the world, do something!

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04-06-2012 11:15 AM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Yeah Poor O, hes only has a net worth of 10 million.

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04-06-2012 11:18 AM domjuan is offline

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domjuan
“Yes, we can!” has devolved into “Hey, we might.”

Just to list his mere accomplishments totally Unreported by MSM:
Barack Obama's 32 Month Report Card

Mr. Hope and Change wants to create a nation humbled; humiliated, casting aside capitalism and individual freedoms for one where we the people are government controlled. This would be a system that genuflects mediocrity, steals personal aspiration and opportunity, and punishes those who strive to succeed.

A gallon of regular gasoline the day Obama was inaugurated was $1.79 on average in the U.S.Today that price is $3.59, a 100.6% increase. The number of food stamp recipients has risen since Obama took office from 31,983,716 to 43,200,878, a 35.1% jump. Long term unemployment soared 146.2% during the same 32 month period from 2,600,000 to 6,400,000. Staggering hope and change isn't it?

American citizens living in poverty have risen 9.5% from 39,800,000 to 43,600,000, and the number of unemployed has jumped almost 25% from 11,616,000 to 14,485,000 as of August 31, 2011. The number of unemployed blacks has risen from 12.6% at the end of George Bush's term to 15.8% today, a 25.4% increase, and finally, our national debt is up 34.4% from 10.627 trillion to 14,278 trillion *

Keep these figures in mind as we recount the number of firsts for this presidency:

First President to refuse to show a valid birth certificate.

First President to apply for college aid as a foreign student, then deny he was a foreigner.

First President to have a social security number from a state he has never lived in.

First President to preside over a cut to the credit rating of the United States .

First President to violate the War Powers Act.

First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico .

First President to defy a Federal Judge’s court order to cease implementing the Health Care Reform Law.

First President to require all Americans to purchase a product from a third party.

First President to spend a trillion dollars on shovel-ready jobs and later admit there was no such thing as shovel-ready jobs.

First President to abrogate bankruptcy law to turn over control of companies to his union supporters.

First President to by-pass Congress and implement the Dream Act through executive fiat.

First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S., including those with criminal convictions.

First President to demand a company hand over $20 billion to one of his political appointees.

First President to terminate America’s ability to put a man in space.

First President to encourage racial discrimination and intimidation at polling places.

First President to have a law signed by an auto-pen without being present.

First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.

First President to threaten insurance companies if they publicly speak out on the reasons for their rate increases.

First President to tell a major manufacturing company in which state they are allowed to locate a factory.

First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN)

First President to withdraw an existing coal permit that had been properly issued years ago.

First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.

First President to appoint 45 Czars to replace elected officials in his office.

First President to golf 73 separate times in his first two and a half years in office.

First President to hide his medical, educational and travel records.

First President to win a Nobel Peace Prize for doing NOTHING to earn it.

First President to coddle American enemies while alienating America’s allies.

First President to publicly bow to America’s enemies while refusing to salute the U.S. Flag.

First President to go on multiple global apology tours.

First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends, paid for by the taxpayer.

First President to refuse to wear the U.S. Flag lapel pin.

First President to have 22 personal servants (taxpayer funded) for his wife.

First President to keep a dog trainer on retainer for $102,000.00 a year at taxpayer expense.

First President to repeat the Holy Qur'an tells us, and openly admit the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth. “WHAT”!?

Remember that 32 months of Obama White House we the people have accumulated national debt at a rate more than 27 times as fast as during the rest of our nation's entire history, as the Obama's plan their next extravagant vacation to the Indonesian Island nation of Bali .

Hope and Change anyone ?????????

* sources: U.S. Energy Information Administration, Wall

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04-06-2012 11:23 AM domjuan is offline

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