Cutting the deficit Obama, who just signed a massive stimulus bill into law, then went to Canada to, uh, celebrate, spoke in his weekly radio address about the need to cut the deficit by the time his four-year term ends. With the extra spending, he’ll have his work cut out for him. But hey, that’s why we elected him to office, right – that whole change thing? source
Cutting the deficit Obama, who just signed a massive stimulus bill into law, then went to Canada to, uh, celebrate, spoke in his weekly radio address about the need to cut the deficit by the time his four-year term ends. With the extra spending, he’ll have his work cut out for him. But hey, that’s why we elected him to office, right – that whole change thing?
Already on the table He didn’t exactly come to office with a clean slate deficit-wise. He came in with a deficit of $1.2 trillion left by that Bush guy, which should probably rise to $1.5 trillion by the time all his stimulus stuff hits. In other words, imagine one of Scrooge McDuck’s giant money bins. Then imagine it empty. Then imagine jumping into it. source
Cutting the deficit Obama, who just signed a massive stimulus bill into law, then went to Canada to, uh, celebrate, spoke in his weekly radio address about the need to cut the deficit by the time his four-year term ends. With the extra spending, he’ll have his work cut out for him. But hey, that’s why we elected him to office, right – that whole change thing?
Already on the table He didn’t exactly come to office with a clean slate deficit-wise. He came in with a deficit of $1.2 trillion left by that Bush guy, which should probably rise to $1.5 trillion by the time all his stimulus stuff hits. In other words, imagine one of Scrooge McDuck’s giant money bins. Then imagine it empty. Then imagine jumping into it.
How he plans to do it Among other things, he’s suggested taxing the he investment income of hedge fund and private equity partners at higher rates. Currently, they’re taxed at the capital gains rate, which is 15 percent at most. He wants to tax them at ordinary income tax rates of as high as 39 percent. Which probably won’t make Rick Santelli happy. source
Where they found him FBI agents found the Texas-residing Stanford hiding out in Virginia, evading authorities trying to serve him with civil suit papers. He vanished Tuesday and somehow made it to Fredricksburg, because every alleged Ponzi schemer with a mustache goes there. Clearly. It’s the place to be. source
Where they found him FBI agents found the Texas-residing Stanford hiding out in Virginia, evading authorities trying to serve him with civil suit papers. He vanished Tuesday and somehow made it to Fredricksburg, because every alleged Ponzi schemer with a mustache goes there. Clearly. It’s the place to be.
He’s kinda like Waldo When found, we imagine Stanford was wearing a striped red shirt, glasses and a wool cap, trying to hide from authorities with his billions of dollars and tarnished reputation. He hasn’t been charged with any crime, but neither was Waldo, and everyone was looking for him, too! source
