Tuesday, September 14, 2010
The facts about the expiring tax cuts
Whether or not to extend the Bush-era policy will likely dominate political debate.
Also: Senate repugicans plan on blocking middle class tax cuts
For the repugicans, if you're not making $250,000, screw you. Strange that it sounds like the repugican party might have an small internal conflict on the issue. It's an interesting approach for the midterm elections so let's see how that floats with the public who support increasing taxes on the richest 2%. Right about now would be the time for Obama to go for the jugular and drive a larger wedge within the repugicans. Let's hope he finds it in him to continue his recent (good) attacks against the obstructionist repugicans.
Senate repugicans have enough votes to block President Barack Obama's plan to extend tax cuts for the middle class while allowing those for the rich to expire, a spokesman for the Senate repugican leader said Monday. (Only in the fantasies in their minds do they have enough votes - but what else is new.)
Repugicans Monday scrambled to regroup on the tax issue ahead of Nov. 2 congressional elections after House repugican Leader John Boehner appeared to open the door for a possible compromise. (Yes, and the cow jumps over the Moon, too.)
Don Stewart, spokesman for Senate repugican Leader Mitch McConnell, said Senate repugicans are united on the issue. "There are no repugicans who support a tax hike," he said. (except only the two largest tax hikes in the history of the nation and every other tax hike that's come down the pike since 1860.)
Goldman Sachs warns on tax increases for Goldman Sachs employees
Wow, who ever would have guessed that Goldman Sachs would support maintaining the Bush tax cuts for the wealthiest 2%? The average salary - including secretaries, not that they get are paid especially higher than elsewhere - is well over $600,000 per employee. Whether this is from a Goldman "economist" (whatever that means these days there) or not, this only adds fuel to the fire. What middle class American who bailed their sorry butts out of the gutter wants to fund yet another windfall for Goldman or anyone on Wall Street?
How convenient.
What did Jan Hatzius make last year? And how much would he have made if Goldman wasn't bailed out?
How convenient.
What did Jan Hatzius make last year? And how much would he have made if Goldman wasn't bailed out?
Extending the shrub tax cuts for all income levels beyond year-end would add a "couple tenths" to US economic growth, while allowing the tax cuts to expire would result in "well over a percentage point" hit, Jan Hatzius, chief U.S. economist at Goldman Sachs told CNBC.
"If everything was allowed to expire, as is the current legislation at the end of this year, that would be a major impact," Hatzius said.
How much do members of Congress make?
Lawmakers may have forsaken a raise this year, but many of them are already millionaires.
Also: Entrepreneurial Mistakes
Going it alone and listening to too many advisers are surefire ways to sink a start-up.
Also: On The Job
On The Job
You may have more influence than you think, but the key is knowing the source.
Also: The corporate ladder
Making partner at the firm means you're "set for life" — until you get demoted.
Also: Cuba to cut 1 million government jobs
Maybe that's what he was suggesting the other day when Castro spoke of the 'system' not working. This is a dramatic change and it definitely represents a new era in Cuban history.
BBC:
BBC:
The Cuban labor federation said more than a million workers would lose their jobs - half of them by March next year.
Those laid off will be encouraged to become self-employed or join new private enterprises, on which some of the current restrictions will be eased.
Analysts say it is biggest private sector shift since the 1959 revolution.
Cuba's communist government currently controls almost all aspects of the country's economy and employs about 85% of the official workforce, which is put at 5.1 million people.
In Matters Of Health
In Matters Of Health
Making sleep a priority is one habit that can make a difference, a top cardiologist recommends.
Also: 
Cut off the crusts of bread and you lose a type of cancer-fighting antioxidant.
Also: 'Dirty Dancing' and cancer
Jennifer Grey was inspired by former co-star Patrick Swayze when she went through a bout with cancer.
Also: Kissing pony helps heal
It could be called "alternative medicine." Sampson is a pony in New Jersey who helps people heal by giving them kisses.
Sampson visits elderly homes all around the New Jersey area, and is trained to pucker up on command.
Sampson visits elderly homes all around the New Jersey area, and is trained to pucker up on command.
New drug-resistant superbugs found in 3 states
An infectious-disease nightmare is unfolding: Bacteria that have been made resistant to nearly all antibiotics by an alarming new gene have sickened people in three states and are popping up all over the world, health officials reported Monday.
The U.S. cases and two others in Canada all involve people who had recently received medical care in India, where the problem is widespread. A British medical journal revealed the risk last month in an article describing dozens of cases in Britain in people who had gone to India for medical procedures.
The U.S. cases and two others in Canada all involve people who had recently received medical care in India, where the problem is widespread. A British medical journal revealed the risk last month in an article describing dozens of cases in Britain in people who had gone to India for medical procedures.
Want To Live Longer?
A firm handshake could be a sign of a longer life expectancy, according to British researchers.
He tried to rob the bank, but the bank robbed him instead
Add this to the long list of candidates for the stupidest criminals who tried to rob a bank:A man was arrested Wednesday afternoon after he walked into a Watsonville bank, said he had a bomb in his backpack and demanded $2,000 so he could pay his friend’s rent, police reported.
But when Mark Smith, 59, allegedly tried to rob the bank, the bank manager suggested that what he actually needed to do was take out a loan, and she had him sit down while she said she was going to retrieve the loan paperwork. Instead, she called 911, according to Assistant District Attorney Dave Genochio.
"Quick-thinking staff kept the man calm and distracted him with some paperwork until we arrived," Lt. Darren Thompson said.
You’ve always known those bank loan paperwork to be real tricky ... here's the proof.
Nine of the Most Laughable Lawsuits
Some people, whether out of greed or sheer ignorance, push the boundaries of acceptability and clog the legal system with outrageous lawsuits.
Whether it's a convict who sues himself or an unsatisfied beer drinker who blames the company for his lack of dates, our verdict is: Case dismissed!
Super-fast pit crew
A team of soldiers takes apart and then reassembles a Jeep in just a matter of minutes.
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