Blog Archive
-
▼
2008
(90)
-
▼
September
(10)
- Dow Jones Down 513 Points
- WaMu Just Failed, Seized by FDIC sold Off
- Keeping With The Theme
- Pakistan Issues Orders to Fire on US Invaders
- Market Dropping - War on Terror to Get Serious?
- WSJ-Baby Formula Contaminated Like Pet Food
- Charlie Rangel on His Own Mini Tax Scandal
- Man With Rifle and Grenade Arrested in Washington, DC
- WasillaAlaska Reacts to Palin's Daughter's Pregnan...
- Early Word on Scores of Protestors and Reporters A...
-
▼
September
(10)
Search This Blog
Popular Posts
-
George Bush has had his bluff called. The House of Representatives passed the FISA bill today which if penned into law would give the intel...
-
The TSA and the Airline industry this week got into a big battle over airline safety. It would seem that a TSA inspector attempting to det...
-
Senator Joe Biden (D-Delaware) has introduced an interesting bill that promises to redefine the way the government looks at drug and alcoho...
-
Note: Cross posted from Softduit Media . Permalink Between now and the end of BlogWorld in mid October, we are going to run a WordPress Th...
-
David Addington, one of Dick Cheney's top advisors, told the Senate that he was not the person responsible for drafting the legal memo ...
-
This recession has been dubbed as possibly one of the worst in history, maybe even worse than the recession experienced during the Great Dep...
-
It's still early in Michigan, regardless of the time zone you look at, and it is possible that Michigan might just yield a third Republi...
-
For people have lost power in Florida today following a number of lightning and thunder storms it went to the area. The power outage is mass...
-
By Ann Scott Tyson Washington Post Staff Writer Thursday, February 26, 2009; 2:12 PM Defense Secretary Robert M. Gates announced today t...
-
CNN is reporting that 21 people were shot at Virginia Tech today by a lone gunman, who is also dead making 22. Separate reports are indicat...
Dow Jones Down 513 Points
The bailout package has a lot of supporters mostly trying to do something as opposed to nothing and many more people that see no benefit in throwing a trillion dollars after bad money.
WaMu Just Failed, Seized by FDIC sold Off
They are reporting that all deposits in WaMu including those over $100k are safe. Shareholders in WaMu just lost all value remaining in the company.
Separately, the meeting at the White House tonight failed again with House Republicans very unhappy, a new meeting scheduled without House Republicans is set for 11:30 am.
Keeping With The Theme
Pakistan Issues Orders to Fire on US Invaders
It would appear that the US has dropped the last straw on the camel before that camel's back will break in Pakistan. Pakistan issued orders to its military to fire on any US troops that cross the Pakistan border from Afghanistan, following US commando raids last month and missile attacks as the US fought to chase rebels on the western border of Pakistan where it is thought Osama Bin Laden is hiding.
Market Dropping - War on Terror to Get Serious?
Oil continues to drop this morning and is right now at $92.76.
It is going to be a long day for finance. As its September 15, just 4 days after the anniversary of 9/11, I can't help but think that I do not want to see the terrorist win by defeating us financially.
People have been talking about how the people of the United States have not really gotten involved in the War on Terror, in part because we did not have to field a personal and direct price. I would agree that this is mostly true for most Americans due to the way that our country went to war.
That said, as the markets move towards directions that have not been witnessed since the precursors to the Great Depression, I can't help but think that there will really be hell to pay once Americans do have to pay a personal price. Americans may have gotten a little bent out of shape on 9/11/2001, but I suspect that in retrospect that will be nothing compared to what will come as a consequence of multiple years of very high oil prices.
WSJ-Baby Formula Contaminated Like Pet Food
The Chinese Ministry of Health is reporting that Melamine has been found in baby formula or baby powder. This is the same substance that was deemed to have killed thousands of pets last year. The chemical was added to pet food in order for the protein levels in the food to appear higher.
So far 59 infants have come down with cases of kidney stones in China this year. So far China has not identified if or how much of this baby formula may have been exported around the world.
This is not China's first problem with baby formula. In 2004, 13 or more babies died after drinking fake formula with no nutritional value.
Charlie Rangel on His Own Mini Tax Scandal
Charlie Rangel found himself embroiled in a Mini Tax Scandal and as far as I can see this is primarily relevant in that the US tax system is so complex that not even a member of Congress with several accountants and advisors is unable to stay on top of things.
Obviously, there is indeed a need for a change, but a change that simplifies the tax code instead of adding additional layers, exceptions, and breaks.
Related Stories |
Reporter's Notebook: With Friends Like These ... FOXNews - 25 minutes ago By Chad Pergram WASHINGTON — Most reporters had long abandoned Capitol Hill by 7 pm ET Wednesday night, when Rep. Charlie Rangel invoked a rare "point of ... Charlie Rangel Owns Up (Sort of) U.S. News & World Report, DC - 27 minutes ago Rep. Charles Rangel (DN.Y.), the chairman of the House Ways and Means Committee and the nation's top tax-writer, held a press conference yesterday to ... Rangel Tries to Explain Back Taxes on Villa New York Times, United States - 10 hours ago “I really don’t believe making mistakes means you have to give up your career,” Representative Charles B. Rangel said at a news conference in Washington on ... Rangel Says He Regrets 'Errors,' Rejects Calls to Cede Panel Post Washington Post, United States - 11 hours ago By Christopher Lee Rep. Charles B. Rangel (DN.Y.) acknowledged yesterday that he had not lived up to the "higher standard" expected of members of Congress, ... Rangel tries to explain taxes on Dominican Villa Seattle Times, United States - 7 hours ago US Rep. Charles Rangel, DN.Y., said Wednesday that "cultural and language barriers" had hindered him from understanding the finances of his Dominican ... US House tax chief says he'll pay owed taxes Reuters - 17 hours ago By Donna Smith WASHINGTON (Reuters) - The powerful head of the tax policy committee in the House of Representatives said on Wednesday he will pay several ... Rangel expresses regret, won't quit Ways and Means post SmartBrief, DC - 51 minutes ago Rep. Charles Rangel, DN.Y., said Wednesday that he regrets moves that put him into three ethics controversies, but said he should not be forced to give up ... Rangel admits mistakes, $5000 bill to Uncle Sam The Associated Press - 13 hours ago WASHINGTON (AP) — The head of the House tax-writing committee admitted Wednesday that he owes about $5000 to the Internal Revenue Service for failing to ... Rangel’s Explanation Surprises Constituents New York Times Blogs, NY - 2 hours ago By Jennifer 8. Lee It came as a surprise to many voters when Representative Charles B. Rangel told reporters on Wednesday that he did not pay federal taxes ... Rangel Rejects Republicans Calling for Him To Step Down New York Sun, United States - 10 hours ago By RUSSELL BERMAN, Staff Reporter of the Sun | September 11, 2008 WASHINGTON — Rep. Charles Rangel of Harlem is resisting calls that he resign as chairman ... Rangel cites misunderstanding in tax case United Press International - 2 hours ago Rep.Charles Rangel (D-NY) speaks at the Democratic National Convention at the Pepsi Center in Denver, Colorado on August 26, 2008. (UPI Photo/Brian Kersey) ... Charles Rangel should step down as House Ways and Means chair ... Los Angeles Times, CA - Sep 10, 2008 Ed Ou / AP Democrats say criticism of Rep. Charles B. Rangel is an effort to divert attention from Republican corruption. In a letter to House Speaker ... Rep. Charles Rangel to File Wall Street Journal - Sep 9, 2008 By EVAN PEREZ and SARAH LUECK WASHINGTON -- Rep. Charles Rangel, seeking to quell a controversy over his private financial dealings, plans to submit amended ... Rangel says he won't quit House panel over tax dispute CNN - 22 hours ago WASHINGTON (CNN) -- Rep. Charles Rangel, a New York Democrat, said Wednesday he will not step down as chairman of the powerful House Ways and Means ... Rangel Tussles With Boehner on House Floor Over Ethics Charges FOXNews - 14 hours ago Embattled Rep. Charles Rangel of New York took to the House floor Wednesday night to defend himself against mounting ethics charges, engaging in an unusual ... Rangel Vows to Pay Back Taxes, Attacks GOP Washington Post, United States - 19 hours ago Rep. Charles Rangel (DN.Y.), seen here at the Democratic National Convention in Denver, admitted to "mistakes" but has no plans to step down from his Ways ... Rangel Owes US Back Taxes, Lawyer Says New York Times, United States - Sep 10, 2008 By DAVID KOCIENIEWSKI Representative Charles B. Rangel, chairman of the Congressional committee that writes the nation’s tax code, failed to pay an ... Rangel Says He Will Pay Back Taxes; GOP Wants Him Out of Chairmanship Washington Post, United States - Sep 9, 2008 By Christopher Lee As House GOP leaders called for his removal from the powerful chairmanship of the House Ways and Means Committee, Rep. ... Republicans call for Rangel to step aside Reuters - Sep 9, 2008 WASHINGTON (Reuters) - US House of Representatives Republican leaders on Tuesday called on New York Democrat Charles Rangel to step down as chairman of the ... Editorial of The New York Sun | September 11, 2008 New York Sun, United States - 10 hours ago In March of 1938, President Franklin Roosevelt sent a letter to his commissioner of internal revenue, Guy Helvering. "My dear Commissioner Helvering," the ... Rangel on Rental Income Tax: I Didn't Know WNYC, NY - 16 hours ago by Amy Eddings NEW YORK, NY September 10, 2008 —Congressman Charles Rangel -- chairman of the House Ways and Means Committee, which writes the nation's tax ... Rangel's problems grow more taxing The Swamp - Tribune's Washington Bureau, DC - 19 hours ago by Frank James Charles Rangel, chairman of the House Ways and Means Committee, the congressional panel that writes the nation's tax laws, tried his best ... Rangel owes $10000 in taxes Washington Times, DC - 9 hours ago Rep. Charles B. Rangel, chairman of the tax-writing House Ways and Means Committee, owes more than $10000 in unpaid taxes - a sum that may increase, ... Rangel admits to 'mistakes' MSNBC - 22 hours ago Ways and Means Committee Chairman Charlie Rangel says he did not receive any "cash proceeds" from rental of his Dominican Republic vacation property, ... Rangel addresses 'mistakes' Politico, DC - 5 hours ago By DAVID ROGERS | 9/11/08 4:52 AM EST Ways and Means Committee Chairman Charles B. Rangel went to the House floor Wednesday evening to defend his conduct. ... Dems Push Back On Rangel CBS News, NY - Sep 9, 2008 By Ryan Grim (The Politico) With the GOP calling for Rep. Charlie Ragel's (DN.Y.) Ways and Means Committee chairmanship, Democrats are pushing back. ... Rangel Won't Step Down as Tax Committee Chair WebCPA, NY - 10 hours ago By WebCPA staff Rep. Charles Rangel, DN.Y., refused to resign his chairmanship of the tax-writing House Ways and Means Committee after revelations that he ... Democrats stand up for Rangel Politico, DC - 5 hours ago By PATRICK O'CONNOR & RYAN GRIM | 9/11/08 4:53 AM EST Republican leaders have called on House Speaker Nancy Pelosi to oust Rep. Charles B. Rangel from his ... Rangel's taxes Congressman's conduct distressing WatertownDailyTimes.com, United States - 6 hours ago Few people are in a position to know America's tax laws as well as Rep. Charles Rangel. After all, the chairman of the powerful Ways and Means Committee ... Boehner Says Rangel Should Quit as Committee Chairman (Update1) Bloomberg - Sep 9, 2008 By Ryan J. Donmoyer Sept. 9 (Bloomberg) -- House Minority Leader John Boehner said Representative Charles Rangel should step down as chairman of the House ... |
If reading through those articles don't make you feel like fixing washington politics and the tax code is impossible, making you just want to scurry under the closest rock, I don't know what is. But we have to crawl out dust off, hit the tub with some beautifeel and get to work doing something. Or else victims of a broken code and government we will remain.
Man With Rifle and Grenade Arrested in Washington, DC
This report just came in off the AP Wire.
WASHINGTON (AP) — Capitol Police arrested a man Friday after they found a grenade and several weapons in his car several blocks from the Capitol building.
Christopher Shelton Timmons, 27, of Orange, Va., was charged with carrying a deadly weapon and possessing unregistered firearms and ammunition, said Capitol Police spokeswoman Sgt. Kimberly Schneider.
Timmons was detained after he stopped to ask a police officer for directions and the officer saw a rifle case in the car.
A search of the car, a Jeep Cherokee, turned up a rifle, a live grenade, a pistol, ammunition, magazines with ammunition in them and several other "items of concern," Schneider said.
Police closed nearby streets for several hours while conducting the search. The incident occurred near the Library of Congress southeast of the Capitol.
The FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives and District of Columbia police assisted in the investigation.
During the week of the convention it seems like the crazies have really come out of the wood work on all sides. That was probably to be expected but I think we have to hand it to law enforcement for being on top of things, strapped in on the streets and roof tops picking out the loons with Nikon binoculars and so far arresting them before anything bad happened.
We do need a major over haul in this country, but I do not believe that it should be spurred on about violence.
WasillaAlaska Reacts to Palin's Daughter's Pregnancy - Teen Father to Attend Convention
So now Republicans are going to show case teen parents at the Republican National Convention. For a Governor that vetoed benefits for teen mothers in her own state, believes in abstinence and does not believe in providing teens with birth control, this RNC event is shaping up to be either the height of hypocrisy for Republicans or possibly the opportunity of a political lifetime for Republicans to get real, grow up, and take a step towards the middle ground of America when it comes to teen sex and teen pregnancy.
Regardless, the Republicans have finally figured out how to get back in the saddle and they didn't do it by placing a lady on an english saddles riding sideways, they went straight at the thing with a down to earth woman charging into the fight riding bareback on a Mustang).
Early Word on Scores of Protestors and Reporters Arrested in St Paul
Additional Stories on this Topic
Scores arrested as protests turn violent outside GOP convention
San Francisco Chronicle, USA - 1 hour ago
Police used pepper spray and tear gas to quell breakaway demonstrators from an otherwise peaceful antiwar demonstration today outside the Republican ...As Throngs of Protesters Hit Streets, Dozens Are Arrested After ...
New York Times, United States - 2 hours ago
By PATRICK HEALY and COLIN MOYNIHAN ST. PAUL — Thousands of protesters, many of them demonstrating against the war in Iraq, marched on Monday through the ...Police, protesters clash near convention
Reuters - 2 hours ago
ST. PAUL - Police in riot gear used pepper spray and smoke bombs against a few hundred violent protesters on Monday, and at least a dozen were arrested ...Police, protesters clash near Republican convention
Reuters - 3 hours ago
By Andy Sullivan ST. PAUL (Reuters) - Police in riot gear battled hundreds of protesters with pepper spray and smoke bombs and arrested 130 people on Monday ...