-By Warner Todd Huston
On October 10, the National Journal slammed Mitt Romney for “favoring the wealthy” with his capital gains tax cut plan. The plan, NJ claims, won’t help middle-income Americans because they “don’t have investment income.” But, apparently Nat’l Journal didn’t bother to look at Romney’s actual plan because their assessment is simply wrong.
Reporting on a Romney rally in Ohio, Nat’l Journal claimed that Romney’s tax plan is one-sided.
But Romney’s proposal as he described it — eliminating tax on interest, dividends, and capital gains — would largely help those living on investment income, which does not include many people in the middle class. The tax break would likely help senior citizens, however, many of whom do live on investment income.
…The wealthy are the major beneficiaries of low taxes on capital gains, dividends, and interest; many middle-income Americans don’t have investment income.
Apparently Nat’l Journal isn’t big on doing its research. The fact is, Romney isn’t proposing lowering capital gains taxes on “the rich.”
Continue reading “
National Journal Gets Romney Cap Gains Cut Wrong”
CNN has an interesting story of an immigrant that came to this country from the oppressive socialist nation in which he was born, worked hard to attain the American dream, became wealthy, and dearly wishes for his fellow Americans to avoid the pitfalls of socialism. But instead of celebrating this man’s great success, CNN slams him as “
Why does anyone imagine that “the rich” don’t “pay their fair share” of federal taxes in the U.S.? Stephen Moore, sure doesn’t and he proves it in his new book, 
Illinois ranks at the bottom of the nation in nearly every single category of rankings of successful states and now the Land of Lincoln can rack up yet another great failure. Illinois’ Governor, Pat Quinn, has received the grade of “F” in a new “fiscal report card” of the 50 states’ fiscal health.
A new study shows that nearly half of the jobs in Washington State’s economy are generated by Chinese imports and exports.
Princeton economics professor Harvey Rosen wants everyone to know that he didn’t say what Obama’s reelection campaign is claiming he said about Mitt Romney’s tax plan, namely that it would necessarily raise taxes on the middle class.
Many TV critics and commentators like to say that you can judge the way this nation is feeling about itself and its times by looking at the sort of shows that are playing on television. They say that our mood and our outlook about our present and our future can be understood through the collective programming on the TV.
Lisa Morrison of Fulton, Iowa is not very happy with the Obama campaign’s “misrepresentation” of her in a campaign statement. “I am outraged that my question is being misrepresented and used as a political tool against the Romney/Ryan campaign by both media and the Obama camp,” Morrison 
As political pundits delve into Obama’s very poor debate performance, not as much attention is being bestowed upon what he actually said on Wednesday evening. In the case of his claims about his budget, few are noticing that the President repeated his thoroughly debunked deficit reduction claims, claims even his own budget plan proves to be false.
Since he didn’t seem to be able to find his way out of the country when George W. Bush won the White House in 2000, Alec Baldwin just might like JetBlue Airway’s new contest. The discount airline is offering 2012 seats — that’s 1,600 free round-trip tickets — to foreign destinations to customers whose candidate doesn’t win the presidency in November.
On October 4, Facebook announced the milestone of reaching 
The situation in Ukraine is certainly complicated, not just in the normal way politics is complicated, but by the push and pull between western and Russian influence being visited on the fledgling country. One thing is certain, the U.S. needs to make sure that it wins this tug-o-war for Ukraine’s friendship.
For The New York Times, Steven Ratner had to admit last month that he was pretty darned excited for those Obamacare death panels to get started. “WE need death panels,” he said on September 16. This from the same paper that in 2009 attacked Gov. Sarah Palin for her rhetoric and an Old Media establishment that gave Palin a “lie of the year” award for her claim that Obamacare death panels were coming.
Yes, that title, If You Work for Government, You Deserve to be Fired, is meant literally. I really don’t care what you do for government I think you deserve to be fired.* In fact, I think that you need to be fired to save this republic. Not only do I want you fired, I want your pension negated. You don’t deserve one.
Alec Baldwin is warning the country. “America will never be great again under a Romney administration,” the volatile actor sonorously intoned in a recent, rambling 
Brad Schneider is running for Congress in Illinois against 10th District incumbent, Republican Robert Dold. Schnedier claims he’s a “businessman” and is running on the pretext that, according to his campaign literature, he’ll “bring his business expertise to Congress.” Yet, this “businessman” has reported no income at all for the last three years from the very small business he claims is his primary occupation. 
Another in a long list of Obama-touted and tax-supported “green energy” companies is on the verge of going out of business, this time in Michigan.
Last week the media was all over Paul Ryan’s visit to an event with the American Association for Retired People gleefully reporting that he was booed. The media treated the whole affair as if the AARP was some non-partisan organization. But, the truth is, the AARP is no more non-partisan than any organization carrying water for the Obama administration.
In 2007-08, Americans didn’t know anything at all about the man they were about to make the President of the United States. They elected Barack Obama to the highest office in the land despite knowing nothing about him, his ideas, or his past, and, unfortunately, he’s led this country to despair. Now it is time for him to run for re-election and Dinesh D’Souza has made a film he’s titled 2016: Obama’s America in order to help make sure it doesn’t happen a second time.
As more and more newspapers turn off their printing presses for good and more journalists are fired or laid off, expect to see more universities and colleges following 
During the campaign in 2008, Barack Obama had a revealing moment in Ohio when he told Joe “The Plumber” Wurzelbacher (Now 
As our embassies burn and our foreign officers are being murdered overseas, TIME Magazine’s Joe Klein is desperate to change the current narrative of Obama’s major failures in the Middle East. So, in his latest piece, Klein wants to go back to talking about Mitt Romney’s Massachusetts healthcare policies.
The Environmental Protection Agency has been indulging its inner propagandist by spending at least 
According to the Census Bureau, income for the middle class fell 8 percent to its