Click here to view this media From C-SPAN’s Book TV, Joshua Holland, editor and senior writer at AlterNet discussed his book, The Fifteen Biggest Lies about the Economy: And Everything Else the Right Doesn’t Want You to Know about Taxes, Jobs, and Corporate America . It’s nice to see another liberal manage to make their way into the bastion of right wingnuttery that generally fills the air time of that series at C-SPAN. You can watch the entire segment at C-SPAN’s web site here . In the clip above, Joshua discussed some topics he recently wrote about at AlterNet. The GOP’s Absurd Plan for the Economy: Lowering YOUR Wages : Earlier this month, House Republicans laid out a perverse plan to lower working Americans’ wages, supposedly in a bid to get employers to hire more of them ( PDF ). One would be hard-pressed to find a better example of the “race to the bottom.” Republican staffers on the Joint Economic Committee released the study in response to widespread criticism that the deep public sector cuts they’ve advocated threaten to derail an already anemic “recovery” — economist Mark Zandi estimated last month that if enacted, the spending cuts would cost the U.S. economy 700,000 jobs through 2012. So, as Tim Fernholz and Jim Tankersley wrote in the National Journal , the GOP report “makes the party’s … case that fiscal consolidation (read: spending cuts) can spur immediate economic growth and reduce unemployment.” The paper calls for cuts that are “large, credible, and politically difficult to reverse once made,” and offers a typical conservative fantasy about shuttering entire federal agencies. But topping the list of what should be on the Republicans’ chopping block is “decreasing the number and compensation of government workers,” which the staffers say will spur job creation because “a smaller government workforce increases the available supply of educated, skilled workers for private firms, thus lowering labor costs.” Read on… Tax Day Question: Who’s Paying What? : The right’s anti-tax crusade has been so successful that in 2010 the federal government collected a smaller share of our economic output in taxes than it had in 60 years. That’s created a large deficit, which is now being used to justify cuts to popular social programs. Taxes have decreased dramatically for most American households since Ronald Reagan came to offcie 30 years ago. But our overall level of taxation, on average, obscures who’s paying how much. So, on this tax day, let’s take a look at the way federal tax rates for different income levels have changed since 1981 (using this handy calculator and adjusted for inflation to 2010 dollars). Lots more facts and figures there, so go read the rest. And from the video above, here was Holland’s response to a question on lowering the corporate tax rate in America that the right is constantly screaming needs to be done. HOLLAND: It’s based on a very false premise. There is the nominal tax rate, and that is the tax rate that is written in the books. That’s the law that they passed. Okay, we have a 35% corporate tax rate in the United States and that is one of the highest in the world. That’s the kernel of truth around which an utter fabrication is built. The nominal tax rate, what you write in the books is inconsequential next to the effective tax rate. Which means what they write in checks. Now our effective tax rate is about half what our nominal tax rate is because corporate America’s lobbyists have effectively won so many loopholes, and manipulated the tax code in a way that they’re paying far, far less than the nominal, official corporate tax rate of 35%. Now, let me add something. 2/3 of all major US corporations pay no taxes at all. This week the big story was General Electric. General Electric is not only not paying taxes, they took a $3.2 billion tax benefit. What does that mean? That means that you and I are paying General Electric out of our taxes, we’re paying them effectively. So this idea is simply based on using a number that’s inconsequential, our nominal tax rate. And if anybody wanted to make a deal with “the left”, if they could find “the left” to drop the nominal rates and increase the effective rates by closing loopholes, we’d be all for that. I’d be all for it too if it wasn’t likely our bought and sold politicians wouldn’t just go put a bunch of new ones back in there for them.
Continue reading …Ed Schultz and former RNC chair Michael Steele got into a series of shouting matches on Friday’s “Real Time With Bill Maher.” The two fought heatedly over the proposed Republican budget, but the biggest clash probably came as Steele and Schultz discussed President Obama and Medicare. When Bill Maher brought up Sen. Jon Kyl’s infamous comment about Planned Parenthood, Steele said that the lie was part of a pattern of “hyperbolic statements on both sides.” A little later on, he said that Americans didn’t “expect” such statements, “whether it’s from Jon Kyl or President Obama.” Schultz, voice booming, angrily cut in. “Don’t put President Obama in the same comment with that statement!” he shouted. “Come on…President Obama has never made a comment that compares to that garbage.” Steele then defended Rep. Paul Ryan, who wants to turn Medicare into a voucher system for seniors. He said that the plan could work, though he admitted, to much audience noise, that “we don’t know yet” what would happen if people used up their $15,000 yearly voucher before the year was up. As Steele talked about the plan, Schultz cut in again. “I’ve listened to you, now it’s my turn,” he said, adding that a voucher would “cheat people.” Steele interrupted him, saying, “what proof do you have?” The conversation continued in this vein, with Steele eventually joking that he was going to have to “take [Schultz] out back.” Watch (via Mediaite):
Continue reading …Samuel Jackson has been cast as Martin Luther King, Jr. in the Broadway production of the play “The Mountaintop,” a dramatic exploration of the Nobel Prize-winning civil rights leader’s final night before being assassinated. The production, which opened two years ago in London and won the prestigious Olivier Award for Best Play, will open in October in New York. Jackson had long been rumored to star; rumored co-star Halle Berry was unable to join due to her ongoing child custody issues with ex Gabriel Aubry. King was gunned down on April 4th, 1968, on the porch of his Memphis hotel. The night before, having earlier had his plane delayed by bomb threats, he gave a rousing speech, now known as the “I’ve Been To The Mountaintop Address.” In the speech, King alluded to the threats on his life, and in the play, he examines his life and decisions as he unknowingly closes in on the last moments of his life. Here’s the press release, via Deadline: New York, NY – It was announced today that Samuel L. Jackson will make his Broadway debut starring as Dr. Martin Luther King in the Broadway production of the new play, The Mountaintop, by Katori Hall directed by Tony Award Nominee Kenny Leon (Fences, A Raisin in the Sun). The Mountaintop will begin performances on September 22, 2011, at the Bernard B. Jacobs Theatre (242 West 45th Street), with an official opening on Thursday, October 13, 2011. Tickets for The Mountaintop will go on sale at a later date. The Mountaintop is produced by Jean Doumanian Productions, Sonia Friedman Productions, Ambassador Theatre Group, Jerry Frankel, Ted Snowdon, Bob Bartner, and Tom Wirtshafter. In a joint statement, Ms. Doumanian and Ms. Friedman said, “The Mountaintop is a brilliantly conceived gem of a play. An ambitious work of fiction that is powerful, heartbreaking, humorous and exhilarating. We are thrilled to be bringing Katori Hall’s remarkable, Olivier-winning work to New York, and to present a singular new American voice to Broadway audiences. And we are honored to be presenting the Broadway debut of the great Samuel L. Jackson.” The play’s producers stated that it had been rumored by the actress Halle Berry that she would be costarring in this production. However, the casting for the role of Camae, a mysterious maid at the Lorraine Motel, will be announced shortly, and Ms. Berry will not be appearing in the role, due to child custody issues. Taking place on April 3, 1968, The Mountaintop is a gripping reimagining of events the night before the assassination of civil rights leader Dr. Martin Luther King, Jr., as he retires to Room 306 in the now famous Lorraine Motel in Memphis, after delivering his legendary ‘I’ve Been to the Mountaintop’ speech to a massive church congregation. When room-service is delivered by a young woman, whose identity we puzzle over, King is forced to confront his past, as well as his legacy to his people. The Mountaintop received its world premiere to critical acclaim in a three-week run at Theatre 503 in June 2009, and subsequently transferred to the West End’s Trafalgar Studio 1. The production featured powerful performances by David Harewood as Dr. Martin Luther King, Jr., and Lorraine Burroughs as the mysterious Camae, under the direction of James Dacre. The Mountaintop also received two Evening Standard Awards Nominations, including Most Promising Playwright, and was awarded the coveted 2010 Olivier Award for Best Play. This year, Ms. Hall also received the Susan Smith Blackburn prize.
Continue reading …Tea Party Congressman Joe Walsh (R-Ill.) had quite an illuminating discussion with Christiane Amanpour Sunday. As the host of ABC's “This Week” pushed for higher taxes, Walsh correctly pointed out that Barack Obama's first 2012 budget proposed earlier in the year didn't address entitlement programs saying, “The President of the United States ought to be ashamed of himself, and I don't know why your profession hasn't gotten on him more” (video follows with transcript and commentary): CHRISTIANE AMANPOUR, HOST: Alight, well you raised revenue problem. Let me ask you too, Congressman Walsh and Southerland. The Ryan budget does not talk about raising revenues. President Obama’s proposal does. Eliminating tax cuts on the wealthy. Can you really sustain what everybody is calling for just by cuts in public services? Doesn't there need to be revenue raising mechanism? CONGRESSMAN STEVE SOUTHERLAND (R-FLORIDA): Go ahead, Joe. CONGRESSMAN JOE WALSH (R-ILLINOIS): Christiane, you raise revenue by growing the economy, and everything this president has done the last two years has gone against that. You get taxes and regulations off the backs of businesses so that revenues can increase. AMANPOUR: I know, I know that that is your position, but there's so much evidence, even going back to Ronald Reagan, where he did tax cuts and in fact the debt increase then he had to make tax increases. I mean, can you really cut public spending by that amount and just expect to balance the budget? WALSH: But, and Steve will say this, in the '80s government revenues went up. We didn't cut spending. Revenues went up in the ’80s. Every time we’ve cut taxes revenues have gone up, the economy has grown. Look, Christiane, I've said this before. The President of the United States ought to be ashamed of himself, and I don't know why your profession hasn't gotten on him more. Two months ago he presents a budget and doesn't even talk about entitlement reform. And then all of a sudden last week he gets a redo? The Republicans are leading on this, perfectly prepared to take whatever political hits we have to take, because the crisis is so severe. I wish he’d be a part of this. AMANPOUR: That is an interesting point you made, about taking the hits that you have to take, because, for instance, there are all sorts of ads now, going out, about Medicare, and being careful about it. You know, the Republicans actually tried to put those ads out in 2010 and did get seniors on their side. So are you not concerned that these cuts and this restructuring of Medicare is actually not going to be good for you at the voting? SOUTHERLAND: Well, listen, great leadership understands that sometimes you’re going to take hits and you don't make this decision, you don't make decisions in the best interests of the American people and expect to be applauded for everything you do. Look, we have dug ourselves a hole, and the only way that we can dig ourselves out or climb out of this hole is to make some very difficult decisions. I've said numerous times here on the Hill, I may lose 2012, but I'm not going to lose me in this process. And so we've got to, if we care about these programs, we have to make decisions now in order to save them. AMANPOUR: Alright, well, thank you very much indeed, all of you for joining us. First, notice how emphatically Amanpour was pushing for tax hikes. Since Obama called for them in his new plan this week, media member after media member has been strongly advocating this. Such was quite evident on all of the political talk shows Sunday. That said, Walsh made a fabulous point about how the press gave Obama a pass this week with his budget redo as they were mercilessly attacking Congressman Paul Ryan (R-Wisc.). What has been totally forgotten by his devoted press is how back in February when the President offered his first 2012 budget proposal, there were many in the media that recognized how it largely ignored the recommendations of his debt commission as well as any cuts to entitlement programs. This led Ryan to offer a proposal which did address Medicare and Medicaid, and he got lambasted by the same press that complained in February that Obama ignored such issues. Last week, the President in his budget redo vaguely talked about Medicare fixes without naming any specifics whatsoever, and the media not only forgot about their concerns about this two months ago, but they're also now actually praising him as being bold despite his obvious cowardice. The conclusion to be drawn is that these folks were never actually serious about wanting cuts in entitlement programs. What they desire is tax hikes on the so-called rich which they always view as the panacea for all that ails us. Now that Obama has proposed this, their previous concerns have been withdrawn, and he's once again their hero. Any questions?
Continue reading …Regine Velasquez confirms pregnancy in PP #04.17.11 p1/2 (via a video) Baseline_en.mp4 Real Madrid vs Barcelona 1-1 Full Highlights and Goals Barcelona coach Pep Guardiola plays down Carles Puyol injury fears … Barcelona coach Pep Guardiola has reassured fans that Carles Puyol has not suffered a relapse of the knee injury which had seen him sidelined since January. The Catalan defender was brought off as a precautionary measure with the Copa … Jose Mourinho figures out Pep Guardiola all over again as Real … It’s strange to think that on a night in which Jose Mourinho’s Real Madrid have well and truly ceded the league to Barcelona yet again, the Portuguese boss may well be happier than his opposite number Pep Guardiola. … FIRST READ ON PEP : Burglars enter San Juan home of Christian … Last Friday, April 15, he performed for the Pangasinenses in Dagupan City for its annual Bangus Festival. The following night, he flew to Iloilo. Noel Orsal. FIRST READ ON PEP : Burglars enter San Juan home of Christian Bautista … Fabio Ide on Lovi Poe: “Hindi ko po siya nililigawan. I'm super … Na-interview ng PEP (Philippine Entertainment Portal) si Fabio sa set ng Tweetbiz Insiders, ang showbiz program ng GMA News TV Channel 11, kung saan isa siya sa mga Tweeterazzo kasama ang hosts na sina Tim Yap, Lolit Solis at Gelli de … Barcelona's Pep Guardiola rubbishes claims his side are already La … Pep Guardiola’s immaculate Clasico record was brought to a sudden end as ten-man Real Madrid managed a 1-1 draw at the Santiago Bernabeu. It was a bittersweet evening for Guardiola, for while his side were unable to take a victory back … robbieb_ginge says: RT @kenpootCFC : Barcelona's Pep Guardiola has emerged as #Chelsea 's main target – News – MirrorF.. http://bit.ly/erPAyh #KTBFFH #CFC
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Continue reading …Gulf Tsunami in Kharafi camp.mp4 Massive Sandstorm hit Kuwait “Tsunami of Sand” – on 25-Mar-11 Professor Faiza AL-Kharafi from Kuwait Kuwait's Al Kharafi stocks fall after chairman dies in Cairo … Kuwait’s index KWSE fell, led by weakness in Kharafi Group companies following the death of chairman Nasser Al Kharafi . Zain dropped 3.3 percent. … UPDATE 1-Kuwait's Kharafi Group chairman dies | Stock Chairman Nasser Al- Kharafi dies of heart attack – source. * Kharafi Group was proponent of failed Zain stake sale. * Zain, National Investments shares slump in Kuwait trade. (Adds details, background). By Eman Goma and Dinesh Nair … UPDATE 1-Kuwait's Kharafi Group chairman dies – source | Binary … Nasser Al- Kharafi dies of heart attack – source * Kharafi Group was proponent of failed Zain stake sale * Zain, National Investments shares slump in Kuwait trade (Recasts, adds details) Kuwaiti businessman Nasser Al Kharafi dies – Ladies who do lunch … Wikipedia- Nasser Al- Kharafi (Arabic: ناصر الخرافي) (born 1944 – Died 17 April 2011) is a Kuwaiti businessman of M.A. Kharafi & Sons. His company has performed $4.3 billion in sales. His net worth increased because of rising share … UPDATE 1-Kuwait's NBK Q1 net profit rises 5.8 pct, shares fall | Stock But news that Nasser Al- Kharafi , the chairman of Kuwaiti conglomerate Al Kharafi Group, and an NBK board member according to the bank’s website, weighed on shares, which were trading 1.7 percent lower at 0628 GMT. … uaeyah says: @TheNationalUAE Kuwaiti billionaire chairman of Kharafi Group dies http://tinyurl.com/44pguap # Kharafi #Kuwait
Continue reading …Nigerian Army Blockage for Nigerian Presidential Election Today Dr Alban Awareness Foundation “I Believe” – IBB2011 Nigerian Presidential Election Video 2011 Nigerian Presidential Election Result – Latest Update – in … Nigerian Presidential Election Result. This page is constantly being updated as the results and reports trickled in. The winner must fulfill these conditions: 1) Win majority votes 2) Win 25% (1/4) of the votes in 24 (2/3) of the States … Nigerian Presidential Election Result 2011 Latest News – Jobs in … Nigeria Presidential Election Result 2011 Nigeria Presidential Election Result This page is constantly being updated as the results and reports trickled in. The winner must fulfill these conditions: 1) Win majority votes 2) Win 25% … Votes counted in Nigerian presidential election | Europe News Nigeria counted votes on Sunday after a crucial presidential election and a bid by Africa’s most populous country to hold its cleanest polls for head of state since the end of military rule. Millions turned out to vote in Saturday’s … Votes counted in Nigerian presidential election (AFP) (Yahoo) AFP – Nigeria counted votes on Sunday after a crucial presidential election and a bid by Africa’s most populous country to hold its cleanest polls for head of state since… Votes counted in Nigerian presidential election (AFP) | Relevant News AFP – Nigeria counted votes on Sunday after a crucial presidential election and a bid by Africa’s most populous country to hold its cleanest polls for head… dadispet says: Nigerian Presidential Election Result 2011 Latest News | The Job Facts http://t.co/mXhxCDe via @sunero1
Continue reading …2011 FORMULA1 UBS CHINESE GRAND PRIX. START. SEBASTIAN VETTEL POLE LAP. 2011 FORMULA1 UBS CHINESE GRAND PRIX. START. 2011 FORMULA 1 UBS CHINESE GRAND PRIX. START. Swiss Parliament Votes to Allow Disclosure of UBS Accounts … Swiss Parliament Votes to Allow Disclosure of UBS Accounts. Thorn Tax Law Group’s Managing Partner Kevin Thorn. Washington, DC (PRWEB) June 16, 2010. In what is seen as a blow to the famous Swiss banking secrecy laws, the Swiss … RIMM: UBS Frets About Possible Sharp Decline in NA Biz » Foxs News … RIMM: UBS Frets About Possible Sharp Decline in NA Biz · Today’s News. By Dave Kansas ReutersPlayBook coming soon… Research in Motion filed its annual report (a so-called 40-F Securities and Exchange Commission document) late Tuesday, … Swiss Parliament Votes to Allow Disclosure of UBS Accounts | My … Swiss Parliament Votes to Allow Disclosure of UBS Accounts. Thorn Tax Law Group’s Managing Partner Kevin Thorn. Washington, DC (PRWEB) June 16, 2010. In what is seen as a blow to the famous Swiss banking secrecy laws, the Swiss. … SailRaceWin: WMRT: Volvo Replaces UBS as one of Main Partners to … SailRaceWin: WMRT: Volvo Replaces UBS as one of Main Partners to St Moritz Match Race. Posted on April 17, 2011 by Admin. Volvo becomes St. Moritz Match race and Volvo Match race Cup Main Partner. Volvo Cars Switzerland joins Badrutt’s … Sports Live Tv: F1 UBS CHINESE GRAND PRIX Shanghai race live … Number of Laps: 56. Circuit Length: 5.451 km. Race Distance: 305.066 km. Lap Record: 1:32.238 – M Schumacher (2004). Posted by sumon-sr at 04:35. Labels: F1 UBS CHINESE GRAND PRIX Shanghai race live streaming … tugceakgunn says: RT @F1 : Race for the 2011 FORMULA 1 UBS CHINESE GRAND PRIX begins in 5 minutes… http://bit.ly/cDPZ9V
Continue reading …VALTHATY FIRES KXIP TO VICTORY OVER DECCAN CHARGERS Valthaty back with a bang IPL 4: Paul Valthaty ton pulls off superb chase IPL's Star – Paul Valthaty ~ Poshin's World Paul Valthaty . Now that’s a familiar name to all cricket fans and for most other people who watch the IPL, if not follow cricket. If I had said his name a week ago, I’m sure I would have been met with a blank expression even from the … Paul Valthaty is registering his name in the hearts of cricket … Indian Premier League avails opportunity for the players to perform and create good impression in the minds of cricket fans and selectors. In this season of. Paul Valthaty wins another one for Kings XI Punjab Kings XI Punjab won their match against the Deccan chargers at the Rajiv Gandhi International Stadium in Hyderabad by crushing the home team by eight. Paul Valthaty scripts Punjab's win over Deccan in IPL 4 (Reuters … Reuters – Paul Valthaty continued his dream run in the Indian Premier League as he shone with both bat and ball as Kings XI Punjab thumped Deccan Chargers … A new star in making : Paul Valthaty | KforCricket A new star in making : Paul Valthaty . « « Previous : Kolkata Knight Riders v Rajasthan Royals Match Preview IPL 4 (2011) at Kolkata. April 17, 2011 admin No comments. Paul_Valthaty … AngshumanAich says: Paul Valthaty Rocks maan!! cheers to this unknown hero, way to go .
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