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Wednesday morning roundup

  • I just saw Hangover 2. Seriously, why didn’t I just read a couple of reviews before going to see this huge waste of time? My favorite film critic of all-time said, “If you saw that earlier film (which grossed $485 million, so you may have), there’s not much need for me to describe the plot this time. It’s the same story.” Why didn’t I read his review and simply watch the original Hangover which was funny and original? The story of guys screwing up a bachelor party isn’t original, but the story was told in an entertaining and interesting way, the first time. Hangover 2 is simply changing the place and time and giving the same actors a little different venue, Bangkok instead of Las Vegas. Huge waste of time. Don’t see the movie anywhere (in the theaters, pay per view, HBO, Netflix or DVD). See the original or, better yet, see Risky Business which is a much better film and has basically the same theme.
  • Wisconsin Supreme Court blows a huge raspberry at its lower court and overturns the lower court ruling. Not only is it okay to union bust but it is okay to skirt the rules while you do it.
  • Spiderman the Broadway play finally opened Tuesday night. I was not on the celebrity list.
  • Paul Krugman is an economist and should be forgiven for saying something with his outside voice that he should have said with his inside voice. Medicare saves money. Damn it. I typed it. Let’s just pretend that I didn’t type it and Krugman didn’t say it. Okay?!?
  • Speaking of our health, watching TV increases our risk of diabetes, heart disease and early death.
  • Capital gains taxes are on the lips of Republicans again… or, rather, still on their lips. It was multi-millionaire Herman Cain who stood on stage during the Republican debate and boldly stated that he doesn’t have enough money, that he needs more money. Let’s lower the capital gains taxes to zero so that he can take home more. Okay, so I’m paraphrasing. This is basically what Republicans have been saying for over 30 years. The problem is that the benefits of cutting capital gains taxes basically stop at the doorstep of the rich. The benefits don’t trickle down to the rest of us.
  • House Speaker John Boehner may have broken the law when he paid an outside firm to defend DOMA.
  • Former Blackwater guard sentenced to three years in jail. I’m still wondering when some of the top brass at Blackwater will be sitting for trial.
  • The Senate votes to keep tax subsidies for ethanol. Republicans are happy to cut programs that help the lower and middle classes, but they can’t cut subsidies for industry.
  • Remember, in 2008, the Republicans were always looking for someone else to get into the presidential race. In 2012, it looks like we are going to have the same thing. Right now, Republicans are looking to Sarah Palin and Rick Perry. Right now, Rick Perry is gearing up and testing the waters. I’m sure there is a good reason why he compared himself to a prophet. I just can’t think of one right now, can you?
  • Dallas Mavericks are still world champions!!
By |2011-06-15T07:21:42-04:00June 15th, 2011|Civil Rights, Economy, Healthcare, Party Politics, Sports, Taxes|Comments Off on Wednesday morning roundup

Republican Email on Obama Tax Plan

One of my right-wing friends sent an email to me that lies about Senator Barack Obama’s stance on taxes. This would be interesting if one piece of this email were correct. Nothing that is written about Obama in this excerpt is even close to being correct.

Here’s the email:

Another reason to keep a socialist out of the White House. In fact, below is a reason to throw the entire Congress out on the street. Very few of them can be trusted.

DATA ON FUTURE TAXES (Spread the word…)

This is something you should be aware of so you don’t get blind-sided. This is really going to catch a lot of families off guard. It should make you worry.

Proposed changes in taxes after 2008 General election:

CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000 per home (couples) McCain does not propose any change in existing home sales income tax.

OBAMA
28% on profit from ALL home sales

How does this affect you?
If you sell your home and make a profit, you will pay 28% of your gain on taxes.

If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.

From FactCheck.org:

Capital Gains Rate: It’s untrue that Obama is proposing a 28 percent capital gains tax rate. He said in an interview on CNBC that he favors raising the top rate on capital gains from its present 15 percent to 20 percent or more, but no higher than 28 percent. And as for a 28 percent rate, he added, “my guess would be it would be significantly lower than that.” Furthermore, he has said only couples making $250,000 or more (or, his policy advisers tell us, singles making more than $200,000) would pay the higher capital gains rate. That means the large majority of persons who pay capital gains taxes would see no increase at all. (more…)

By |2008-08-05T21:01:59-04:00August 5th, 2008|Election 2008, Party Politics|Comments Off on Republican Email on Obama Tax Plan
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