" ... When adding in all of the money owed to cover future liabilities in entitlement programs the US is actually in worse financial shape than Greece and other debt-laden European countries ... "
Nice.... As to other news... CNN needs to get the host of the debates a glass of water or a voice coach... whichever it takes for him to stop grunting on an open mic!
This is, uh, Eleanor Norton, Congresswoman Eleanor Holmes Norton. Uh, I noticed that you have given to uh, other colleagues on the Transportation and Infrastructure Committee. I am a, um, Senior Member, a twenty year veteran and am Chair of the Sub-committee on Economic Development, Public Buildings and Emergency Management. I’m handling the largest economic development project in the United States now, the Homeland Security Compound of three buildings being built on the uh, old St. Elizabeth’s hospital site in the District of Columbia along with uh, fifteen other, uh, sites here for, that are part of the stimulus .
I was, frankly, uh, uh, surprised to see that we don’t have a record, so far as I can tell, of your having given to me despite my uh, long and deep uh, work. In fact, it’s been my major work, uh, on the committee and sub-committee it’s been essentially in your sector.
I am, I’m simply candidly calling to ask for a contribution. As the senior member of the um, committee and a sub-committee chair, we have (chuckles) obligations to raise, uh funds. And, I think it must have been me who hasn’t, frankly, uh, done my homework to ask for a contribution earlier. So I’m trying to make up for it by asking for one now, when we particularly, uh, need, uh contributions, particularly those of us who have the seniority and chairmanships and are in a position to raise the funds.
I’m asking you to give to Citizens for Eleanor Holmes Norton, PO Box 70626, DC, 20024. I’ll send you a follow-up note with appreciation for having heard me out. Thanks again.
Then there are the House Ethics rules, according to House Ethics Manual (2008 Edition):
p. 147: “[N]o solicitation of a campaign or political contribution may be linked to an action taken or to be taken by a Member … in his or her official capacity. … The Standards Committee has long advised Members … that they should always exercise caution to avoid even the appearance that solicitations of campaign contributions are connected in any way with an action taken or to be taken in their official capacity. … [A] Member should not sponsor or participate in any solicitation that offers donors any special access to the Member in the Member’s official capacity.”
p. 150: “[A] Member may not accept any contribution that is linked with an action that the Member has taken or is being asked to take. A corollary of these rules is that Members … are not to take or withhold any official action on the basis of the campaign contributions or support of the involved individuals …. Members … are likewise prohibited from threatening punitive action on the basis of such considerations.”
Starting later this year, the health care overhaul law requires insurers to accept children regardless of medical problems -- a major early benefit of the complex legislation. Insurers are worried that parents will wait until kids get sick to sign them up, saddling the companies with unpredictable costs.
Blue Cross and Blue Shield of Florida issues about 9,000 to 10,000 new policies a year that only cover children. Vice president Randy Kammer said the company's experts calculated that guaranteeing coverage for children could raise premiums for other individual policy holders by as much as 20 percent.
"We believe that the majority of people who would buy this policy were going to use it immediately, probably for high cost claims," said Kammer. "Guaranteed issue means you could technically buy it on the way to the hospital."
(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
(Reuters) - A Saudi couple tortured their Sri Lankan maid after she complained of a too heavy workload by hammering 24 nails into her hands, legs and forehead, officials said on Thursday.
"The landlord and the wife of the landlord hammered 24 nails into her when she complained of the heavy workload," Kalyana Priya Ramanayake, media secretary of the Foreign Employment Bureau, told Reuters.
Nearly 2 million Sri Lankans sought employment overseas last year and around 1.4 million, mostly maids, were employed in the Middle East. Many have complained of physical abuse or harassment.
[...] As a very important source of strength and security, cherish public credit. One method of preserving it is to use it as sparingly as possible, avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it, avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burden which we ourselves ought to bear. The execution of these maxims belongs to your representatives, but it is necessary that public opinion should co-operate. To facilitate to them the performance of their duty, it is essential that you should practically bear in mind that towards the payment of debts there must be revenue; that to have revenue there must be taxes; that no taxes can be devised which are not more or less inconvenient and unpleasant; that the intrinsic embarrassment, inseparable from the selection of the proper objects (which is always a choice of difficulties), ought to be a decisive motive for a candid construction of the conduct of the government in making it, and for a spirit of acquiescence in the measures for obtaining revenue, which the public exigencies may at any time dictate. [...]
Among more than 120,000 adults, those who sat more than six hours a day in their leisure time were significantly more likely to die in a 14-year period than those who sat less than three hours, according to Alpa Patel of the American Cancer Society in Atlanta, and colleagues.
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:
Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:
- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%
