Greetings and Salutations...
It's the end of the world! Buy a Freakin' Helmet!
When a majority of people are receiving a handout from their government, they will vote for the candidate that continues the gravy train. This constituency will continue to exist as parasites on their host country and will never rise above sustenance level. Of course sustenance level in the West means that you have a car, cable, a house, and enough food to become obese...
During the presidential election campaign many were dumbfounded upon hearing for the first time that at least a third of Americans pay no income taxes whatsoever. The Tax Foundation notes that in 2006, 45.6 million filers (33%) paid no income tax whatsoever. Under current law, in 2009 47 million filers--representing approximately 96 million individuals-- will pay no income tax.
The Foundation maintains that under Obama's tax plan 63 million filers-- representing 44% of all returns-- will pay no income tax. In contrast, in 1985, just 16.5% of filers paid no income tax.
It appears Obama wasn't kidding about redistributing the wealth, although he appears to be somewhat late to the game.
At the other end of the spectrum, IRS data show that in 2006 the top 10% of all filers ($109,000 and above in taxable income) paid 71% of all income taxes. The top 25% ($65,000 and above) paid 86% of all income taxes.
According to the latest calculations, the gap between Japanese and American carmakers' profits average out to about $2900 per vehicle, and the home team does not have the advantage.
A big reason is the cost of labor. As analyzed by Harbour-Felax, labor costs the Detroit Three substantially more per vehicle than it does the Japanese.
Health care is the biggest chunk. GM (Charts), for instance spends $1,635 per vehicle on health care for active and retired workers in the U.S. Toyota (Charts) pays nothing for retired workers - it has very few - and only $215 for active ones.
Other labor costs add to the bill. Contract issues like work rules, line relief and holiday pay amount to $630 per vehicle - costs that the Japanese don't have. And paying UAW members for not working when plants are shut costs another $350 per vehicle.
Here's one example of how knotty Detroit's labor problem can be:
If an assembly plant with 3,000 workers has no dealer orders, it has two options. One is to close the plant for a week and not build any cars. Then the company still has to give the idled workers 95 percent of their take-home pay plus all benefits for not working. So a one-week shutdown costs $7.7 million or $1,545 for each vehicle it didn't make.
The Jobs Bank was set up by mutual agreement between U.S. automakers and the United Auto Workers union to protect workers from layoffs. Begun in the mid-1980s, the program is being tapped by thousands of workers. Many of those receiving checks do community service work or take courses. Others sit around, watching movies or doing crossword puzzles -- all while making $26 an hour or
The Big Three automakers agreed to the system to protect union workers from outsourcing and technology. But with Ford and General Motors losing money in North America -- and contract negotiations due in 2007 -- the future of the unique program is uncertain. [THANK GOD!]
Pelosi said any aid to the automakers would come with conditions. She didn't specify the level of assistance she supports, but said it should come from the $700 billion Congress authorized the Treasury to use to help stabilize the financial services industry. Pelosi said she is tapping House Financial Services Committee Chairman Barney Frank to write the legislation that may be considered as early as next week.
Now that the US elections are over, Islamic Militants can get back to business as usual.
smail Haniyeh's political advisor says Islamist group met with US president-elect's aides in Strip following online correspondence; 'they told us not to come out with any statements so as not to harm Obama's campaign,' Ahmad Yousuf says. "We were in contact with a number of Obama's aides through the Internet, and later met with some of them in Gaza, but they advised us not to come out with any statements, as they may have a negative effect on his election campaign and be used by Republican candidate John McCain (to attack Obama)," Yousuf said in an interview with London-based Arabic-language newspaper Al-Hayat, published Tuesday
in a well-circulated but false report, the Xinhua-China news agency claimed Hamas released a statement yesterday denying it held any meetings with Obama advisers.I couldn't find the original Xinhua-China news agency story...
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.
When it comes to undermining US national security for a story, nobody brokers secrets like the New York Times...
WASHINGTON — The United States military since 2004 has used broad, secret authority to carry out nearly a dozen previously undisclosed attacks against Al Qaeda and other militants in Syria, Pakistan and elsewhere, according to senior American officials.
It has been a long time since I posted due to political disillusionment, burnout and a general dissatisfaction with the Republican candidate selected for us by the media and party elitists -who believe more in winning than standing on principle. It is very difficult to fight the ideological battles that I am compelled to fight when my 'Party Leader' has more in common with the opposition than with me.
* Guess whose mentor is a Communist? Obama, that's who!
* Why isn't Obama patriotic enough to hold his hand over his heart for the Star Spangled banner?
* What has Obama got against flag pins?
* Obama wants to give away 845 billion dollars of your money to ungrateful Third World countries.
* Who loves to hang around with terrorists? Obama, that's who!
* Do people even know why they're voting for Obama?
* Che Guevara and Obama.
* Texas state Senator Kirk Watson can't name a single thing Obama has ever achieved.
* Obama wants to waste 850 billion dollars of your money.
* Here are 8 things you need to know about Obama and Rezko.
Anger brings out my fatalistic side...
I know I'm obsessed, but liberals usually settle for rewriting history which will hurt future generations, but can be corrected. In the case of the NIE, I believe Left leaning policy makers and the willing press cabal are attempting to rewrite the present and are putting us in grave danger by underestimating Iran.
British spy chiefs have grave doubts that Iran has mothballed its nuclear weapons programme, as a US intelligence report claimed last week, and believe the CIA has been hoodwinked by Teheran.
The timing of the CIA report has also provoked fury in the British Government, where officials believe it has undermined efforts to impose tough new sanctions on Iran and made an Israeli attack on its nuclear facilities more likely.
The security services in London want concrete evidence to allay concerns that the Islamic state has fed disinformation to the CIA.
The report used new evidence - including human sources, wireless intercepts and evidence from an Iranian defector - to conclude that Teheran suspended the bomb-making side of its nuclear programme in 2003. But British intelligence is concerned that US spy chiefs were so determined to avoid giving President Bush a reason to go to war - as their reports on Saddam Hussein's weapons programmes did in Iraq - that they got it wrong this time.
Huh...This doesn't sound anything like the spin you hear on the news when they're talking about the NIE...
09 December 2007
he latest U.S. National Intelligence Estimate, released on December 3, confirmed PINR's analyses from 2003 that Iran was likely seeking to acquire nuclear weapons. As PINR stated in 2003, Iran's interest in acquiring nuclear weapons lies in its goal of becoming the dominant state in the Middle East. By gaining a nuclear capability, Iran would have more leverage when dealing with rival countries, such as the United States, Israel and, previously, Iraq. Nuclear weapons would help to solidify regime survival in Tehran, and prevent outside states, such as Israel, from responding effectively to Iranian encroachment in the region.
The NIE, however, also provided information that somewhat contrasted with PINR's 2003 analyses. PINR assessed that the U.S. interventions in Iraq and Afghanistan would hasten Iran's attempts to acquire nuclear weapons, since Tehran would consider itself at an increased threat of a U.S. attack and would want to demonstrate itself as a nuclear power to ward off U.S. attempts at "regime change," one of the Bush administration's policies at the time.
Instead, if the intelligence of the NIE is correct, it demonstrates that Iran halted its program in 2003, likely because it perceived a U.S. attack highly probable and did not want to provide Washington with evidence of a nuclear weapon gambit. Furthermore, in 2003 and early 2004, the situation in Iraq was still relatively stable, and Tehran probably perceived a U.S. attack on its nuclear facilities or government a possibility.
Despite these developments, it is clear that Iran has not shelved its goal of acquiring nuclear weapons. In fact, Tehran may be waiting for an outcome in the Iraq and Afghanistan interventions before deciding on whether to continue its weapons program.
In fact, as PINR stated in October 2003 after Iran responded to international pressure and suspended its uranium enrichment program temporarily, suspending its weapons program does not mean that the country will be unable to acquire nuclear weapons; instead, it allows it to continue upon a nuclear research program, ostensibly for civilian purposes, and at a certain point in the future "could quickly weaponize its nuclear energy program and become a nuclear-armed state." In similar language, the NIE found that "Iranian entities are continuing to develop a range of technical capabilities that could be applied to producing nuclear weapons, if a decision is made to do so."
Update
(Mehdi Ghasemi/AP)
President Ahmadinejad was in celebratory mood in Ilam
Nico Hines, Tom Baldwin in Washington and Sheera Claire Frenkel in Jerusalem
President Ahmadinejad declared victory over Washington today after a US intelligence report concluded that the Iranian regime had halted its nuclear weapons programme four years ago.
The White House insisted that the report would not alter the international community’s policy on Iranian nuclear ambitions, but Moscow was quick to point out that there was never any proof Iran was trying to create nuclear weapons.
Mr Ahmadinejad responded to the publication of the report by holding a triumphant rally in Ilam, western Iran, where he addressed the US directly.
“Today, the Iranian nation is victorious but you are empty-handed,” he said.
Related Links
* Iran is still a nuclear threat, says defiant Bush
* Relax? Don't. Iran can still build a bomb
* Neighbours still fear Tehran threat
“If you want to start a new political game, the united Iranian nation will resist you and will not retreat one step from its programme . . . We will continue our nuclear programme and we will not give it up.”
The National Intelligence Estimate (NIE) released on Monday appears to have removed the casus belli for an American airstrike against Iran. But President Bush yesterday refused to rule out the prospect of military action and insisted that Iran remained a genuine threat to world peace
In a White House press conference, where he was bombarded with questions about the implications for his own credibility, Mr Bush declared he had seen nothing to change either his own mind or Washington's policy on Iran's nuclear ambitions.
“Iran was dangerous, Iran is dangerous and Iran will be dangerous if they have the knowledge necessary to make a nuclear weapon,” he said.
At his last press conference on October 17 Mr Bush said that anyone “interested in avoiding World War III” should back his efforts to prevent Iran developing a nuclear weapon.
Yesterday, he struck a defiant note, claiming that this week's National Intelligence Estimate should be regarded as a vindication of - and a reason to continue taking - a tough stance towards Tehran.
“I view this report as a warning signal that they had the programme, they halted the programme,” said the President. “The reason why it's a warning signal is they could restart it.”
He has record low approval ratings and increasingly appears a marginalised figure in US politics with his name being mentioned only twice in a two hour Republican presidential debate last week.