As speculation continues that President Obama will nominate Amb. Susan Rice as Sec. Hillary Clinton‘s successor at the State Department, media are focusing on the Republican threats to block Rice from being appointed. But sadly, press are excluding the historic nature of Republican threats from their reporting. Eric Boehlert examines the record: http://mm4a.org/113pDR0
News from The Hill:
Speaker John Boehner (R-Ohio) on Thursday rejected a White House offer to avert the fiscal cliff that would include $1.6 trillion in tax increases, $400 billion in spending cuts and a permanent increase in the debt ceiling, Republican aides said.
While the Obama administration described the offer as reducing the deficit by $4 trillion over 10 years, Republican told The Hill its tax increases amount to $600 billion more than what the Democratic-led Senate passed earlier this year when it approved legislation that would allow tax rates on top earners to rise.
HAVE A GREAT EVENING!
We’ll always love you, Dolly!
In a sometimes combative interview Wednesday on “OutFront with Erin Burnett,” Assange described strategic surveillance by governments as a “sea change in politics” that puts freedoms at risk.
When pushed about Ecuador‘s press freedom record, described by the Committee to Protect Journalists as one of the worst in Latin America, Assange said: “Its people have been generous to me, but it’s not a significant world player.”
“Whatever little things occurring in small countries are not of concern,” he said. “We must concentrate on what is happening in the entire civilization of the world.”
Assange: Obama admin. was ‘corrupted’
Assange fled to the Ecuadorian Embassy in London in June to avoid extradition to Sweden, where he is wanted for questioning over allegations that he raped one woman and sexually molested another. Assange has said he fears Sweden will transfer him to the United States, where he could face the death penalty for the work of WikiLeaks.
He has repeatedly said the allegations are politically motivated and tied to the work of his website, which facilitates the publication of secret documents. WikiLeaks has published hundreds of thousands of pages of American government diplomatic cables and assessments of the wars in Afghanistan and Iraq.
He has not been charged in the United States, though Assange and his supporters claim a U.S. grand jury has been empanelled to consider charges against him.
China has been featured quite a bit in the news lately due to the rapid pace of its industrial, urban and technological development. However, one area which has not ceased to garner attention has been the parallel growth in its military industries. Whether it is the development of digital soldiers, stealth fighters, or naval vessels, any movement in these areas is bound to make analysts and defense planners in the West nervous.
For example, last year China finished the aircraft carrier which it had purchased fourteen years ago from the Ukraine, an aged Soviet-era vessel that they renamed the Liaoning. However, as Wired magazine columnist David Axe reported, the carrier was “a piece of junk”, and therefore not worth stressing over. Thought its engines were running and it was outfitted with the latest in anti-aircraft artillery, it was still an old model that was not up to the latest…
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Orange Creamsicles rule!
Suppose that an investor you admire and trust comes to you with an investment idea. “This is a good one,” he says enthusiastically. “I’m in it, and I think you should be, too.”
Would your reply possibly be this? “Well, it all depends on what my tax rate will be on the gain you’re saying we’re going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent.” Only in Grover Norquist’s imagination does such a response exist…
…Let’s forget about the rich and ultrarich going on strike and stuffing their ample funds under their mattresses if — gasp — capital gains rates and ordinary income rates are increased. The ultrarich, including me, will forever pursue investment opportunities.
And, wow, do we have plenty to invest. The Forbes 400, the wealthiest individuals in America…
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