Politics

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    Actually handle, I'm going to have to argue with you, this moron might easily win the fucktard cake prize.

    http://en.wikipedia.org/wiki/Kwa…
    Kwame Malik Kilpatrick (born June 8, 1970) is a former mayor of Detroit, Michigan.[3] Kilpatrick's mayorship was plagued by numerous scandals and rampant accusations of corruption, with the mayor eventually resigning after being charged with ten felony counts, including perjury and obstruction of justice. Kilpatrick was sentenced to four months in jail after pleading guilty to reduced charges, but with good time awarded to county jail inmates in Michigan, he was released on probation after serving 99 days. On May 25, 2010, he was sentenced to 18 months to 5 years in prison for violating his probation,[4] and served time at the Federal Correctional Institution, Milan. He is also under a 38-charge felony indictment on additional corruption charges, in what a federal prosecutor called a "pattern of extortion, bribery and fraud" by some of Detroit's most prominent officials.[5]

    • nice... looks like this needs its own thread.
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    • go with your title: "fucktard cake prize" lol
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    • Like that dude "Fucktard Cake Prize" he he, there's got to be "Idiot of the Day or Idiot of Forever"
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    • true, because clearly while sedation is antagonist. hahahatroller
    • coming from someone calling themselves "troller". yeahhhhhh
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  • ********
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    The Next President Will Be a Liar


    http://www.huffingtonpost.com/ll…

    Regardless of whether the next president is a Republican or Democrat, whether it's Barack Obama or Mitt Romney or any other of the Republican frontrunners, one thing is guaranteed: he will lie.

    He will lie to the American people, he will make promises he knows he has no intention of keeping. He will say whatever it takes to get elected.

    It is absolutely certain that he will lie to us. Every president has; you can look back and see that everyone who has been elected president in your lifetime has willfully and intentionally lied to the American people.

    It's actually not a big shock -- in fact, if you're reading this, you know this to be true and you have come to accept it. We're not surprised when the leader of the Free World turns out to be a liar and a con man. In fact, unfortunately, I'm afraid we've come to expect it.

    The American people know that they're being lied to. Recent surveys show public approval of Congress is at a record low. We're used to it -- our political leaders lying to us has become the status quo. If it happens to be someone from your political party, you'll probably even make excuses for him or her. You'll rationalize and justify why he or she lied to us.

    President Obama has broken dozens of campaign promises. In fact, I'm not aware of a promise he has kept, quite frankly.

    I remember seeing him on television every day for two years when he was campaigning for president, promising to adopt a windfall profits tax on the oil and gas industry if he were elected. That was a lie.

    In February of 2008, Obama promised to end the diversion of federal small business contracts to corporate giants. He hasn't done that. The latest information released by his information shows that of the top 100 federal small business contractors, 60 were large businesses.

    In 2008, he promised to close Guantanamo Bay by January 2010. That hasn't happened.

    The pull-out of Iraq -- that's another lie. We haven't pulled out of Iraq; we reduced the troops but we haven't pulled out. When we pulled out of Vietnam; we left, we were gone.

    To try to use the term pull-out about Iraq is another lie. We've cut the number of troops dramatically, but we haven't pulled out. We still have one of the largest U.S. embassies in the world in Baghdad. There's still thousands of troops, billions in equipment, thousands of private contractors.

    • we know. says so right in the article. "The American people know that they're being lied to" but thanks for telling us.johnny_wobble
    • amazing how many of the same people here have false names. I can only guess whom you are, but I think I know
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    • i'm fuckin' johnny wobble. that's all i've ever been.johnny_wobble
    • suuuuuuuuuuure
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    • however if you assertively incentivize emerging processes that might be truezaq
    • mind you that comes from your beloved 'Huffington Post'
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  • Beeswax0
    • Special Ops, bang bang dead dead!
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    • keep it up!
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  • Ramanisky20

    love his laugh at the end .. nice one Mit .. try again in 4 years

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    Obama Has Achieved Little, Most Americans Say in New Poll


    http://www.newsmax.com/InsideCov…

    The jury’s out because the mood remains so glum: Sixty-eight percent of Americans in the latest ABC News/Washington Post poll still say the country’s headed seriously off on the wrong track.
    http://www.langerresearch.com/up…

    • ha, conveniently embrace virtual processes besides authoritatively deploy resource maximizing powertroller
    • http://abcnews.go.co…
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    • most Americans?? ... yeah this poll is accurateRamanisky2
    • ABC pal!
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  • BonSeff0

    yea, helping to avoid another great depression, saving the american auto industry, allowing more sick people to get care, taking out osama, pulling out of iraq.. those are pretty dumb-crappy achievements and hardly noteworthy

    • <Ramanisky2
    • all the credit goes the Bush/Chenney Admin of courseRamanisky2
    • short fucking memory, whom do you speak of, I know BHO is in power now!? Face it he sucks
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    • Keep on believing DummyRamanisky2
  • Ramanisky20

    because grandpa McCain and that dumb stupid idiot retard Palin would have done sooooo much more for this country.
    right panacea?

    • Imagining them as president and VP frightens me so.mg33
    • but Jazx seems to think that they would have been a much better choiceRamanisky2
  • waterhouse0

    Stick to facts, panasemen.

  • BonSeff0

    hey, remember when the dow fell to like 8000 a few months after obama took office? ya that was his fault too

    • right right .. I remember thisRamanisky2
    • ha haha look at you guys
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    • right because you know everything and how it would be so much better with a white guy in chargeRamanisky2
  • Ramanisky20

    hey, remember when millions of people were laid off a few months after obama took office? ya that was his fault too

    • Look at the numbers now dumbass
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    • yawn .. you're boring meRamanisky2
  • pizzafire0

    • fuck does he look old and nasty. WHAT HAPPENED!?
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    • you can only hope to look that good when you're 50fooler
    • All those years of anger and intelligence.scrap_paper
  • ukit20

    Obama rejects Keystone XL pipeline

    http://www.politico.com/news/sto…

    • commie bastardRamanisky2
    • opposition to creating jobs, //real smart
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    • yeah, keep supporting big oil.severian
    • creates jobs don't it!?
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    • Keep shopping at Walmartseverian
    • I don't shop at Walmart. I shop at Gilt.
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    • creating a few jobs is not worth risking the largest fresh water supply of the mid-west. Farmers opposed the bill and rightly so...zarkonite
    • Obama just sent transcanada back to the drawing boards to make a better pipeline. No job losses here...zarkonite
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    Taxpayers on Hook for D.C. Protester's Potties


    http://www.usnews.com/news/blogs…

    • on the other hand, dramatically visualize cost effective deliverables can work tootroller
    • would you rather the place was covered in piss and shit?PonyBoy
    • OH NO FREE SPEECH IS BAD LET'S BAN IT BEFORE TAX PAYERS FEEL THE PINCH OF FREEDOMi_monk
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    Ballot fraud trial starts today


    http://blog.timesunion.com/crime…

    • if you think about it continually negotiate orthogonal experiences can be usefultroller
  • ukit20

    This is interesting. New poll out today:

    Obama 50, Romney 45

    If Ron Paul runs third party:

    Obama 44, Romney 32, Paul 18

    http://www.people-press.org/2012…

  • utopian0

    ████ ███ JazX!

  • ukit20

    Uh oh

    Romney Parks Millions in Cayman Island Accounts

    http://abcnews.go.com/Blotter/ro…

  • utopian0

    Although it is not apparent on his financial disclosure form, Mitt Romney has millions of dollars of his personal wealth in investment funds set up in the Cayman Islands, a notorious Caribbean tax haven.

    A spokesperson for the Romney campaign says Romney follows all tax laws and he would pay the same in taxes regardless of where the funds are based.

    As the race for the Republican nomination heats up, Mitt Romney is finding it increasingly difficult to maintain a shroud of secrecy around the details about his vast personal wealth, including, as ABC News has discovered, his investment in funds located offshore and his ability to pay a lower tax rate.

    "His personal finances are a poster child of what's wrong with the American tax system," said Jack Blum, a Washington lawyer who is an authority on tax enforcement and offshore banking.

    On Tuesday, Romney disclosed that he has been paying a far lower percentage in taxes than most Americans, around 15 percent of his annual earnings. It has been Romney's Republican rivals who have driven the tax issue onto center stage. For weeks, Romney has cited a desire for privacy as his reason for not sharing his tax returns -- a gesture of transparency that is now expected from presidential contenders.

    "I can tell you we follow the tax laws," he said recently while on the campaign trail in New Hampshire. "And if there's an opportunity to save taxes, we like anybody else in this country will follow that opportunity."

    But tax experts tell ABC News there are other reasons Romney may not want the public viewing his returns. As one of the wealthiest candidates to run for president in recent times, Romney has used a variety of techniques to help minimize the taxes on his estimated $250 million fortune. In addition to paying the lower tax rate on his investment income, Romney has as much as $8 million invested in at least 12 funds listed on a Cayman Islands registry. Another investment, which Romney reports as being worth between $5 million and $25 million, shows up on securities records as having been domiciled in the Caymans.

    Official documents reviewed by ABC News show that Bain Capital, the private equity partnership Romney once ran, has set up some 138 secretive offshore funds in the Caymans.

    Romney campaign officials and those at Bain Capital tell ABC News that the purpose of setting up those accounts in the Cayman Islands is to help attract money from foreign investors, and that the accounts provide no tax advantage to American investors like Romney. Romney, the campaign said, has paid all U.S. taxes on income derived from those investments.

    "The tax consequences to the Romneys are the very same whether the fund is domiciled here or another country," a campaign official said in response to questions. "Gov. and Mrs. Romney have money invested in funds that the trustee has determined to be attractive investment opportunities, and those funds are domiciled wherever the fund sponsors happen to organize the funds."

    Bain officials called the decision to locate some funds offshore routine, and a benefit only to foreign investors who do not want to be subjected to U.S. taxes.

    Tax experts agree that Romney remains subject to American taxes. But they say the offshore accounts have provided him -- and Bain -- with other potential financial benefits, such as higher management fees and greater foreign interest, all at the expense of the U.S. Treasury. Rebecca J. Wilkins, a tax policy expert with Citizens for Tax Justice, said the federal government loses an estimated $100 billion a year because of tax havens.

    Blum, the D.C. tax lawyer, said working through an offshore investment vehicle allows the investor to "avoid a whole series of small traps in the tax code that ordinary people would face if they paid tax on an onshore basis."

    Wilkins agreed, saying the "primary advantage to setting those funds up in an offshore jurisdiction like the Cayman Islands or Bermuda is it helps the investors avoid tax."

    "It helps U.S. investors avoid U.S. tax," said Wilkins, "it helps foreign investors avoid taxes in their home country, so it's not illegal or improper to set those funds up in a foreign jurisdiction, but it makes it more attractive to investors because it helps them avoid paying taxes on that income."

    Bain Accounts in the Cayman Islands

    Bain's presence in the Cayman Islands is not something the firm advertises. The Los Angeles Times first disclosed Romney's offshore accounts in 2007, during his initial run for the presidency. ABC News found references to the firm's accounts in the Caymans in the footnotes of securities filings. When ABC News went to the office address listed for Romney's Bain funds, lawyers in the Caymans were not eager to answer questions.

    Asked if he could confirm the existence of the Bain accounts, David Byrne, the chief marketing officer for the law firm Walkers, listed on documents as Bain's Caymans' representative, said he could not. "No, I can't at all," said Byrne. "Unfortunately, I can't comment at all on that."

    There is now less secrecy than there was even two weeks ago surrounding Romney's tax rate. The money he made through Bain investments was taxed as capital gains at a 15 percent rate, instead of the higher tax rates borne by most Americans. Newt Gingrich told reporters Wednesday that his income was taxed at 31 percent.

    The so-called "carried interest" rule has been the source of extensive debate in Washington, with opponents criticizing the allowance to tax those earnings at 15 percent a glaring loophole that benefits only the wealthiest Americans. Under the carried interest rule, income that is determined to be capital gains – like the profit reaped by hedge fund managers -- is subject to the lower 15 percent rate.

    Wilkins said Romney's arrangements reminded her of the now famous remarks by billionaire financier Warren Buffet, who revealed in 2007 that he was paying taxes at a lower rate than his receptionist.

    "Well, I think it's the issue that is sort of on the front page every day, when we look at the Occupy Wall Street movement and that people are really losing patience with the idea that a lot of multinational corporations have and a lot of wealthy people have that while they benefit from everything this country has to offer ... they don't seem to be willing to pay their fair share," she said.

    Romney, who left Bain in 1999, has confirmed that his earnings largely come from investments, and the tax rate he pays is consistent with that "because my last 10 years, my income comes overwhelmingly from some investments made in the past, whether ordinary income or earned annually. I got a little bit of income from my book, but I gave that all away. And then I get speaker's fees from time to time, but not very much."

    • HA HA, you act as if this differs from the rest of the clan! Hilarious. Welcome to your leadership in general.
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    • And you think it is just fine. Shoot yourself, sycophant.DrBombay
  • utopian0

    • you're watching Newt Gingrich at his best devising that stuff. better believe it.
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    • http://www.amazon.co…
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  • ukit20

    Rolling Stone interviews Julian Assange

    http://www.rollingstone.com/poli…