Patrick Lyons |
Lyons: Want Inferior Schools and Higher Taxes?
Posted by
Jim Spence
on Wednesday, September 22, 2010
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Reagan: Who Does the Money Belong to?
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Jim Spence
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In his recent town-hall appearance, President Obama sought to pin the blame for the nation's economic troubles on the so-called Bush tax cuts enacted in 2001 and 2003. That's not all that surprising, since the president appears to believe that the federal government is the sole and rightful owner of what you think is your money. He says it isn't your money. He is convinced that it's his. Thus you can expect him to oppose any measures that would allow you to hang onto the lion's share of the money you earn or receive from investments. The Bush tax cuts will die of inaction at the end of 2010 if they are not extended. Mr. Obama doesn't want them extended. After all, the tax cuts were designed to allow you to keep a lot of the money you earn while limiting how much of your income the government can confiscate. They cut taxes across the board for earned income, long-term capital gains and dividends. Among other changes, they expanded the child tax credit and put into effect a host of other tax code changes and adjustments, deductions, exemptions, and mitigated the so-called marriage penalty. Read more here:
Reagan: Who Does the Money Belong to?
Joe the Plumber - Meet Velma the C.F.O.
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Jim Spence
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Velma Hart |
Joe the Plumber - Meet Velma the C.F.O.
Dissecting Progressive Viewpoints Part III
Posted by
Jim Spence
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Osama bin Laden |
Sunday we began our review of a "progressive" column in the Sun-News on September 18th by Bill Varuola. You can read his column by clicking here: The incoherency of the Varuola piece, particularly within the contest of what "troubled" him seemed to go on and on. He wrote, “The fact that we are being set up as a Christian state in opposition to Islamic states, in replication of the Crusades, is troubling as well.” Being set up as a Christian state in replication of the Crusades? These comments are preposterous. Since we know Varuola is literate we suggest a thorough reading of Princeton University professor Bernard Lewis’s book “What Went Wrong,” as well as a prolonged pass through the bi-partisan 9-11 Commission Report. There will be a pop quiz on radical Islam in a week.
Finally and mercifully Varuola moved on to the subject of education just in time to offer some valuable common sense. Unfortunately, from a philosophical standpoint the astute observations he made on education were contradictory and inconsistent with everything else he had to say. “We don't know what we want them to do for certain but we won't be satisfied until they do it and do it well,” he accuses. This sounds like a shot at the atrocious No Child Left Behind calamity that we have panned so often. For Varuola it was as if suddenly he understood the wisdom of rewarding talent and achievement as well as the folly of further empowering government when he said, “At no point does anyone recognize native ability or free will as factors in the equation. The scores must rise.”
We agree with these observations and think the principles are universal. The real story is just how philosophically conflicted Varuola and many other "progressives are. In his editorial piece he was impervious to the simple justice involved in allowing people to keep most of what they earn. But when the discussion shifted to education, he seemed to find great injustice with the same oppressive and intrusive government dominating the decision-making in his own professional domain. No wonder Bill his troubled. It must be terribly frustrating to live in such a huge philosophical glass house. Government leaves no stones unturned and the damage done does not end within the realm of frustrated teachers. We are all taking our licks.
Dissecting Progressive Viewpoints Part III
Lincoln County Approves Tax Hike
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Jim Spence
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The majority of voters throughout Lincoln County in New Mexico sided with Ruidoso Downs Race Track on Tuesday as they approved a slight sales tax increase that will help keep the racetrack in Ruidoso. The referendum to raise the business retention gross receipts tax in Lincoln County by three-sixteenths of 1 percent passed by 420 votes, according to the Lincoln County clerk's office. Those voting in favor of the tax increase totaled 3,719, while those opposed cast 3,299 votes against the higher tax. Tom Battin, chairman of the Lincoln County Commission, was happy to see the measure pass. He did not want to see the racetrack leave Ruidoso. "This protects the future of our economy and our tourist industry," Battin said Tuesday night in a telephone interview. Read more here:
Pepper's Pride 19th Win |
Lincoln County Approves Tax Hike
Iranian President Tosses Threats Around at U.N.
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Jim Spence
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International News
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Mahmoud Ahmadinejad |
Iranian President Tosses Threats Around at U.N.
Summers to Join Romer and Orzag as EX-advisors
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Jim Spence
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Lawrence Summers |
Summers to Join Romer and Orzag as EX-advisors
Life and Death on the Streets of Juarez
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Jim Spence
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From the San Antonio Express - In Ciudad Juárez, the most dangerous and sinister city of the Western Hemisphere, the Plaza de Armas is one of the few public spots where ordinary people still congregate. The tiny park sits below the cathedral, eight blocks from the international bridge. It is an oasis of calm, community and shade trees in a city where more than 2,000 people have been killed by drug violence this year. When San Antonio Express-News photographer Jerry Lara and I visited the plaza about noon Sept. 16, Mexico's Independence Day, it was brimming with human life, from old vaqueros in white straw hats to young lovers entangled on the benches. A street photographer, with a white plastic horse as a prop, waited patiently for customers. In the gazebo, an amplified preacher belted out an off-key hymn of salvation, while shoeshine men and taco vendors plied their trades. Under a bright blue sky, a life-size bronze statute of Tin Tan, a native-son actor, sat grinning on a fountain's edge, a big cigar in hand. This was my third visit to Juárez in the past year. It's a creepy place on a good day. Here, it is impossible to evaluate risk, as the normal laws of human conduct do not apply. As Lara worked, I stayed close by, watching for camera snatchers. Read more here:
Life and Death on the Streets of Juarez
No Miranda Warnings Here
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Jim Spence
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JUAREZ -- In a rural Chihuahua town of about 10,000 people, dozens of residents fed up with kidnappings took justice into their own hands Tuesday. About 300 people of Ascensión beat to death two 17-year-old boys who allegedly had kidnapped a 17-year-old girl Tuesday, said Carlos González, spokes man for the Chihuahua state attorney general. Federal police were sent to the area to respond to the incident and to calm the angry mob. The disorderly crowd protested kidnappings that take place in areas where wealthy farmers live. It all started Tuesday morning, when six or seven men abducted the girl from an Ascensión restaurant. Ascensión is a farming town 120 miles southwest of Juárez. Read more here:
No Miranda Warnings Here
Carlson - Feeling Your Pain
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Jim Spence
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Margaret Carlson |
Carlson - Feeling Your Pain
Recession Over? Somebody Tell the Fed
Posted by
Jim Spence
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Economics
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FRB Chair Ben Bernanke |
Recession Over? Somebody Tell the Fed
Williams - Public Housing Scandals
Posted by
Jim Spence
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Walter Williams |
Williams - Public Housing Scandals