House Budget Chairman Paul Ryan (R-Wis.) has proposed a 10-year budget plan that includes Medicare privatization and further tax breaks for the wealthy and a lower tax rate for corporations. If the government were to go through with this plan, the average senior on Medicare by 2030 would be responsible for more than two-thirds of his or her medical expenses, according to Paul Krugman’s blog. Krugman writes: “For all those older Americans who voted GOP last year because those nasty Democrats were going to cut Medicare, I have just one word: suckers!"—-
For the tax year of 2010, about 45 percent of households will end up owing nothing in federal income taxes according to the latest estimate by the nonpartisan Tax Policy Center. While some of this 45 percent (or roughly 69 million households) make diddly squat (or less than $30,000) there are nearly 5 million households in the group that make somewhere between $50,000 and more than $1 million a year. According to Tax Policy Center senior fellow Roberton Williams, very high-income households can fall into the non-payer group if they get their income from tax-exempt bonds. If tax breaks were removed, the Tax Policy Center estimates that the percentage of households with no federal income tax liability would drop from 45 to 27 percent.
Mama Palin is not through with politics despite her plummeting approval ratings, as she gave a speech defending Governor Scott Walker’s (R-Wis.) anti-union bill in Madison this weekend. Conservative commentators at Fox News say that this could be the return of Sarah Palin, but Steve Benen at Washington Monthly wants to know why the crowd of 6,500 was mostly union members who were there to heckle the former Alaska governor.
The Tea Partiers who did show up were treated to Palin’s famous prose. “We’re flat broke, but he thinks these solar shingles and really fast trains will magically save us. So now he’s shouting “all aboard” his bullet train to bankruptcy.” Shakespeare would be proud.
Donald Trump on Sunday said as president he would not have acted to protect civilians in Libya until they agreed to pay the U.S. Trump asked CNN’s Candy Crowley, “Why aren’t they paying us? When they said that you should have said, we'll go in. We want $5 billion. We have already spent $1.5 billion on fighting Gaddafi. We want $5 billion right now and we'll go in. You know what? That's peanuts to them. They'd give you a check in two seconds." The billionaire/war-extraordinaire also displayed his wealth of knowledge of how the game Risk is played. "In the old days when you have a war and you win, that nation is yours," he said. "Either I go in and take the oil or I don't go in at all."
Marilyn Davenport, an elected member of the Orange County Republican central committee and Tea Party activist, recently emailed a picture of President Obama’s face on the body of a chimpanzee with the caption “Now you know why — No birth certificate!” Civil rights activists and a few Republicans called for her head resignation after an OC Weekly political blogger reported on the email, but Davenport refuses to resign from her position as the email was just a “joke.” Davenport called the leak of the photo “cowardly” but has apologized, saying “in no way did I even consider the fact that he’s half black when I sent out the email. In fact, the thought never entered my mind until one or two other people tried to make this about race.” Why the NAACP gotta play the race card so much?
o have its own Pass-Port, a real-passport-sized book that fans can take to every home game and have stamped at different locations, autographed by players or receive
a sticker to keep track of how many beers they drink.