Politico profiles the man it calls “the most powerful Republican in American politics – at least for the next three months” – Mississippi Gov. (and RGA chair) Haley Barbour. “Barbour … has more money to spend on the 2010 elections -- $40 million -- than any other GOP leader around. And in private, numerous Republicans describe Barbour as the de facto chairman of the party. It’s not just because he controls the RGA kitty but rather it’s due to close relationships with everyone who matters in national GOP politics—operatives like Karl Rove, Ed Gillespie and other top Republicans running or raising cash for a network of outside political groups. Together, these groups are essential to Republican hopes of regaining power because Democrats are cleaning their clocks through more traditional fundraising efforts.”
Mitt Romney has an op-ed in the Boston Globe criticizing President Obama on the economy: "Almost every action the president has taken has deepened and lengthened the downturn. The private sector has retreated, frightened by his agenda and paralyzed by the uncertainty, lack of predictability, and outright hostility he has engendered."
He then lists his broad priorities: "A pro-job, pro-prosperity government works to create the conditions that enable businesses of all sizes to grow and thrive. These should include aligning corporate taxes with those of other developed economies, eliminating special corporate tax breaks that lobbyists have inserted over the years, and preserving the Bush tax cuts -- especially for small business. To give an immediate boost to jobs and investment, permit businesses to write off in 2010 and 2011 the capital investments made in those years rather than over time. Aggressively negotiate and sign trade agreements with other nations to promote American exports. Adopt an energy policy that will actually eliminate our dependence on OPEC and hostile states. Preserve our balanced labor-management rules and regulators. Rather than raising the tax on investment dividends, eliminate it and the tax on capital gains and interest for all households earning less than $250,000 a year.”


When it comes to the economy, the ONLY thing the lefty liberals can say is:
“You’re doin’ a heck of a job, Barry”
Meanwhile, Congress is on a month long vacation, Barry is starting a two week vacation and der Furher, Nazi Pelosi, wants to investigate the funding of the Ground Zero mosque opponents, referring to them as those who are “... funding the attacks against the construction of the center”.
And who says the Dems are clueless fools??
Weekly jobless claims hit nine-month high
Unexpected climb is yet another setback for already frail recovery
WASHINGTON — New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, government data showed on Thursday, yet another setback to the frail economic recovery.
Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said.
Analysts polled by Reuters had forecast claims slipping to 476,000 from the previously reported 484,000 the prior week, which was revised up to 488,000 in Thursday's report.
A Labor Department official said there was nothing unusual in the state level data. The data covered the survey week for the government's closely watched employment report for August, scheduled for release early next month.
About those jobless claims- I'm sure glad the tax cuts that are STILL IN PLACEf or the wealthy are still creating all those jobs (in China).
As for Barbour- I hope he has the good sense to huddle up with Limbaugh before he starts his campaing. I wouldn't want him to get out there with the wrong messages.
Tell ue Joe what is your plan, what is the Republican plan?
As normal NO ideas and NO solutions.
With regard to Mitt Romney "include aligning corporate taxes with those of other developed economies,"
I will agree IF we align our VAT taxes, our luxury taxes, our income tax rates, etc. with those countries as well.
In any event, Mr. Romney can't or won't even name the "other developed economies" with whom he wants to align corporate taxes. When running for President in 2008 he seemed to say that no good ideas came from "Europe." If there is another developed economic model out there, perhaps he could name it. Sen. McCain touted Ireland's 12.5% corporate tax rate while ignoring the personal income tax rate, the value added tax, the equivalent of social security..... and the fact that Ireland does not have a huge international military presence.
Mitt Romney specialized in buying up distressed businesses, laying off workers and reselling them for a profit. His business acumen consists of firing people and flipping, not building, companies. No thanks.
Mitt Romney is as fake as a $3 bill. He still believes that the economy flourishes when wall street flourishes. We tried that for 8 year of GWB and 12 years of Reagan/Bush I, and it has failed miserably every single time. Wall street is flousishing right now, with a nice bounce back from the Bush bailout - yes Bush. People tend to forget that TARP was designed/implemented by GWB, not Barack Obama.
The economy has to be fixed from the bottom up, on Main street. Through focused investment in infrastructure, education and small business credit access via local banks. Give folks on Main street the ability to produce and consume, sit back and watch the economy blossom. Like one wise ex-president once said; fool me once, shame on you! but uhm... you can not fool me twice...!
America live with the economy as you know and I know it isn't going to get any better. I am ashamed to be living in this country at this time and think of what we are leaving our grandchildren . I am truly sorry.
Romney has flipped more times than your average pancake but I give him credit for being one of the more astute Republican politician's. Nevertheless here, in a nutshell, is the translation of his most recent rant:
(1) A pro-job, pro-prosperity government works to create the conditions that enable businesses of all sizes to grow and thrive. (Seemingly innocuous preamble but with Repubs, you know the "tax cut" mantra can't be too far behind the word "jobs"). These should include aligning corporate taxes with those of other developed economies, eliminating special corporate tax breaks that lobbyists have inserted over the years, and preserving the Bush tax cuts (ah, there they are. In triplicate too!)-- especially for small business. = TAX CUTS!!
(2) To give an immediate boost to jobs (there's that predicitive little word again) and investment, permit businesses to write off in 2010 and 2011 the capital investments made in those years rather than over time. = TAX CUTS!! They can write it off any way they want under his proposal. Either way, it is a...altogether now...TAX CUT!!
(3) Aggressively negotiate and sign trade agreements with other nations to promote American exports. = Okay this one's always a good idea and seemingly new in the Repub lexicon. But increasing exports means increasing volume of goods which means increasing jobs and creating job incentives which, wait, under his proposals above requires tax cut incentives to be successful = TAX CUTS!!
(4) Adopt an energy policy that will actually eliminate our dependence on OPEC and hostile states. Fifth graders all across America are saying to themselves, "Didn't we talk about this in our fourth grade environmental project last year?" No new ground here and, if anything, the President has been banging that gavel since the election cycle and again during his televised address during the height of the BP oil disaster which the Repubs (and some Democrats) excoriated him for. NEXT!!
(5) Preserve our balanced labor-management rules and regulators. = "NO BIG GOVERNMENT", "NO REGULATION". Yep, we've seen how successful that turned out to be.
(6) Rather than raising the tax on investment dividends, eliminate it and the tax on capital gains and interest for all households earning less than $250,000 a year.” = TAX CUTS!! Not sure if he has had an epiphany but if you've been paying attention you'll recall his rant during the election cycle (and since) that candidate/President Obama's plan to limit tax cuts to those at the $250K threshold and below were insufficient and unsustainable. Also, look in the coming days for him to parse through the first part of this phrase regarding its applicability to those making more than $250K. He'll be coy at first. But then he'll have to admit he's referring to the >$250K crowd.
Yawn. Nothing new here other than retreaded, failed, tired Republican drivel from a man who has perfected the art of the flip flop!