President Obama now wants a windfall profits tax assessed against the nation’s top 20 to 30 banks to cover the estimated $120 billion in projected TARP losses, costs largely incurred from bailing out the failed insurer AIG, the automakers, and bad borrowers.
So which banks could be hit with the new “cash for flunkers” tax, by how much, and will it really raise tax revenues to cut down the deficit? Or will consumers have to pick up the tab?
Click here to read the entire entry.
Tuesday, January 12, 2010
Monday, January 11, 2010
Feds Probe Cadmium in Kids' Jewelry From China
Feds Probe Cadmium in Kids' Jewelry From China - Local News News Articles National News US News - FOXNews.com
LOS ANGELES — Moving swiftly, U.S. product safety authorities say they are launching an investigation into the presence of the toxic metal cadmium in children's jewelry imported from China after disclosure of lab tests showing that some pieces consisted primarily of the dangerous substance.
First, it was lead paint on toys. Then, it was garbage used in teddy bears. Now, it is heavy metals used in children's Jewelry. When are we going to learn that we have no control over the items that China builds and ships over here? When US companies produced things, we could be certain of some level of safety in our products. Are we going to learn from this?
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LOS ANGELES — Moving swiftly, U.S. product safety authorities say they are launching an investigation into the presence of the toxic metal cadmium in children's jewelry imported from China after disclosure of lab tests showing that some pieces consisted primarily of the dangerous substance.
First, it was lead paint on toys. Then, it was garbage used in teddy bears. Now, it is heavy metals used in children's Jewelry. When are we going to learn that we have no control over the items that China builds and ships over here? When US companies produced things, we could be certain of some level of safety in our products. Are we going to learn from this?
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Wednesday, January 6, 2010
CIA Resources Diverted to Climate Change
CIA Resources Diverted to Climate Change The FOX Nation
As terrorists continue to infiltrate America, the Obama Administration is tasking some of our nation's most elite intelligence-gathering agencies to divert their resources to environmental scientists researching global warming.
Experts with The National Center for Public Policy Research are decrying this practice as a distraction from important counterterrorism duties. They further question if it a possible avenue to renew climate change subterfuge already plaguing some of these scientists.
Talk about a misappropriation of resources.
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As terrorists continue to infiltrate America, the Obama Administration is tasking some of our nation's most elite intelligence-gathering agencies to divert their resources to environmental scientists researching global warming.
Experts with The National Center for Public Policy Research are decrying this practice as a distraction from important counterterrorism duties. They further question if it a possible avenue to renew climate change subterfuge already plaguing some of these scientists.
Talk about a misappropriation of resources.
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Did NPR Use Taxpayer Money to Promote "Teabagger" Bashing Video?
Did NPR Use Taxpayer Money to Promote 'Teabagger' Bashing Video? The FOX Nation
A video created by Mark Fiore titled "Learn to Speak Tea Bag" in November. American taxpayer dollars may have been spent on this video to bash people who speak out against the injustices of our system.
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A video created by Mark Fiore titled "Learn to Speak Tea Bag" in November. American taxpayer dollars may have been spent on this video to bash people who speak out against the injustices of our system.
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ACORN Qualifies for Funding in Senate Health Bill
ACORN Qualifies for Funding in Senate Health Bill The FOX Nation
Senator Roland Burris is claiming credit for a provision in Harry Reid's "manager's amendment," unveiled Saturday morning, that could funnel money to ACORN through the health care bill.
Do you believe this? I guess Senator Burris will get another term with help from ACORN.
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Senator Roland Burris is claiming credit for a provision in Harry Reid's "manager's amendment," unveiled Saturday morning, that could funnel money to ACORN through the health care bill.
Do you believe this? I guess Senator Burris will get another term with help from ACORN.
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C-SPAN Challenges Congress to Open Health Care Talks to TV Coverage
C-SPAN Challenges Congress to Open Health Care Talks to TV Coverage The FOX Nation
The head of C-SPAN has implored Congress to open up the last leg of health care reform negotiations to the public, as top Democrats lay plans to hash out the final product among themselves.
Congress will keep us in the dark as long as they can regarding this bill. Most Americans are against it, but Democrats will force this down our throats. Another bitter pill to swallow.
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The head of C-SPAN has implored Congress to open up the last leg of health care reform negotiations to the public, as top Democrats lay plans to hash out the final product among themselves.
Congress will keep us in the dark as long as they can regarding this bill. Most Americans are against it, but Democrats will force this down our throats. Another bitter pill to swallow.
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The $100 Million Health Care Vote? - The Note
The $100 Million Health Care Vote? - The Note
Senator Harry Reid, who drafted the bill, cannot pass it without the support of Louisiana’s Mary Landrieu.
How much does it cost? According to the Congressional Budget Office: $100 million.
Look at Nebraska and what the state is getting for its vote in the Senate.
Senator Harry Reid, who drafted the bill, cannot pass it without the support of Louisiana’s Mary Landrieu.
How much does it cost? According to the Congressional Budget Office: $100 million.
Look at Nebraska and what the state is getting for its vote in the Senate.
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