A Previous Subtle Effort By The Same Obama Propagandists

How symbolic, the red and blue spheres merge and the resultant color is a deeper shade of blue. Propaganda is considered effective if it is subtle and delivers a covert or subliminal message without the subject being aware of the intent. In this image, the profile of Obama was superimposed over the merging of Conservatism and Socialism with the profile of Obama and the result is a deeper shade of blue; picturesque and convenient, Obama brings the country together and we are united under a deeper shade of Marxism. It was created by the same team that made the Chrysler commercial; it hasn’t achieved fruition, but not for a lack of effort by Obama and his lackeys.

Our public school systems have been infiltrated with the Leftist Part Line for decades. At first the message was so vague, we thought it was merely coincidences, teachers and text writers surely couldn’t be so blatant and obvious with their political agenda; oh, but think back, while we refused to call liars and Socialists as such, they increased their efforts and relied on terrorists like Bill Ayers, confidant to our president, for the Leftist message now in our children’s text books.

Now, either Eastwood has allowed himself to be duped like a moron or he is a part of the deception; regardless of his intent, he has been used as a key element in the Leftist propaganda movement. Unfortunately, we have all been played for dupes by the creative schemers of the Left for while Eastwood tells America we are at the halftime of the recovery, during the halftime of the largest event in television history, the insidious message is implied that America needs to give Obama four more years to complete his anemic recovery, that seems to elude everyone but billionaires, bankers, and others on the dole.

The fact that Chrysler is staging a fart, stumble, fall type recovery based mainly on enriching Obama cronies and unions with our taxpayer money is pushed from our consciousness; since, we receive the subliminal message to equate the auto maker’s efforts with our fight against terrorism, the struggle of Obama to win reelection, and the struggle of the two athletic teams. In the excitement of the neo-gladitorial struggle portrayed on the boob tube, we are supposed to lose ourselves in the excitement and intellectual numbness of the game, much like the games in Rome that staged to entertain the masses or the mob in Rome to keep them content and less likely to riot. Thus in a similar way, we are played for fools by the people who stage our games; no they aren’t staged to prevent us from rioting, but what an excellent time to exploit our self-imposed stupor to insinuate a covert message to reelect our failed president by one of his corporate acquisitions, with a percentage of Obama’s funny stash money, more commonly known as tax payer money.

Oh, but you say the message is vague and imprecise, how can you make the connection: sorry people, the message is supposed to be vague and imprecise, it is supposed to leave a subliminal impression that will encourage the mobs of unthinking drones to vote for Obama once again; after all, hasn’t he struggled valiantly to repay his contributors and unions with taxpayer money, at least when he can find time between golf games and vacations. The fact that the connection is obvious to those who are alert and cognizant means the message is there. If you want to deny it, like Eastwood who so gallantly gave his check to charity, but also willingly gave his image and voice to the Marxism of Obama, means you either endorse the Socialist cause or you are to dense to notice the ever deepening pool of Obama Socialism.

Barack Obama: On the eighth day, God said “raise taxes”

President Barack Obama has been taking lumps from Republicans for years over his support for Wall Street and health care reform, but today at the National Prayer Breakfast he claimed support from on high to defend two of his most controversial legislative achievements.

“And so when I talk about our financial institutions playing by the same rules as folks on Main Street, when I talk about making sure insurance companies aren’t discriminating against those who are already sick, or making sure that unscrupulous lenders aren’t taking advantage of the most vulnerable among us, I do so because I genuinely believe it will make the economy stronger for everybody. But I also do it because I know that far too many neighbors in our country have been hurt and treated unfairly over the last few years, and I believe in God’s command to ‘love thy neighbor as thyself.’”

Sure you do.

“I know the version of that Golden Rule is found in every major religion and every set of beliefs — from Hinduism to Islam to Judaism to the writings of Plato,” Obama added.

If nothing else works, let’s try guilt:

“And I think to myself, if I’m willing to give something up as somebody who’s been extraordinarily blessed, and give up some of the tax breaks that I enjoy, I actually think that’s going to make economic sense. But for me as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required,’” Obama said, noting Jewish and Islamic teachings say much the same thing.

Three years into Obama’s Presidency we learn that we didn’t just elect a President, we elected an evangelical. Well, that does explain the “pitchforks” thing.

So how do you like him now?

Click here to view the embedded video.

From HuffPo:

Rachel Maddow: Romney Has ‘Issues Of Patriotism’ Due To Offshore Accounts

Now pay attention carefully. Maddow went after John Mica about Mitt Romney’s offshore accounts:

Rachel Maddow grilled Florida Congressman John Mica about whether Mitt Romney’s personal finances and work at Bain Capital were “unpatriotic” on Tuesday night.

and this one especially

Before the polls closed in the Florida primary, Maddow put Romney supporter Mica in the hot seat about another controversial aspect of Romney’s finances: his offshore accounts. She asked if he thought that the candidate’s holdings in “notorious tax havens” raised “issues of patriotism.”

Now let’s note that Maddow is specific- having offshore accounts is “unpatriotic.” It’s in the title.

OK, now who else has had offshore accounts?

1. John Kerry

Democrats were pushing for tax reform in 1984, and Lieutenant Governor John F. Kerry, candidate for US Senate, had some ideas.

“You need a major overhaul of the tax structure,” Kerry told a panel of reporters on a May 6 broadcast of WBZ-TV (Channel 4). “You need to close crazy loopholes that are non-productive.”

Though he did not share it at the time, Kerry had recently learned a costly lesson about loopholes in the tax code.

Weeks before that interview, Kerry, by his own account now, had jettisoned an investment of between $25,000 and $30,000 in an exotic tax shelter after his accountant questioned its legitimacy. In an interview with the Globe, Kerry acknowledged that fear of political embarrassment was a factor in his decision to swallow the loss.

Until now, Kerry has never disclosed details of this tax shelter, which utilized offshore companies registered in the Cayman Islands and a “straddle” scheme of forward contracts to buy and sell commodities, apparently worth up to $238,527.

2. Apple Computer

Apple (AAPL) has accumulated a whopping $54 billion of its $82 billion offshore. More startling, the company’s foreign coffers are increasing three times faster than its U.S. cash, and the trend is accelerating rather than plateauing. While nowhere near starving for capital, Apple’s growth potential is more constrained here than offshore simply because capital production is more efficient overseas. Apple’s wiser using pre-U.S. tax foreign money to make an investment than using its American cash. For example, it’s far easier for Apple to swallow ARM Holdings (ARMH) than Broadcom (BRCM) although both have similar market capitalizations.

3. Microsoft

Microsoft (MSFT) is even more lopsided in its cash position: $51 billion of its $57 billion in cash resides frustratingly offshore. In its 10K, the company explains its options to complete significant acquisitions or share repurchases: costly tax repatriations, debt or equity offerings. So far, Microsoft has not touched its foreign cash, opting to borrow $11 billion to fund its discretionary needs. The $51 billion sits tantalizing out of reach without incurring additional taxes. Microsoft may find itself struggling to increase its dividend without either borrowing money or accessing this offshore capital.

4. Cisco

Reportedly, when President Obama asked John Chambers how to jump start the economy, Cisco’s CEO suggested a tax repatriation holiday on overseas profits.

Indeed, for Cisco (CSCO), overseas cash is a big deal. Cisco holds a greater share of its money overseas than either Apple or Microsoft: $40.6 billion of its $44.6 billion cash.

Cisco has been quickly accumulating foreign capital: Since 2005, off-shore cash has risen almost four fold. Cisco’s approach to its foreign largesse: Hands off. The company meets its financial needs by borrowing money. In 2005, Cisco had no debt. Since, debt has increased to $16 billion. Cisco is a multibillionaire abroad, but here at home, it’s hungry for capital.

According to Maddow, John Kerry and these corporations are “unpatriotic.”

Not content to limit how big a fool she is, Maddow goes on to pound Romney for his taxes

Romney’s career and wealth, of course, have both been hot button issues in the campaign. The candidate released his 2010 tax return after much criticism about his reluctance to do so. The return revealed that he earned $21.7 million in 2010, and paid a lower tax rate than someone who earns $50,000 a year.

John Kerry paid a lower rate then Romney the year he ran for President.

What’s ever funnier is watching the creatures over at HuffPo twisting themselves in knots trying to assert that it’s different when these things are done by someone other than a Republican.

logic63

“we are talking about romney here. Kerry is old news and that was up to you to yell if you were opposed to him. Did you?”

htowncarrie

“Well, John Kerry didn’t become president and neither should Mitt.

LiberalDemIda

“Uh…is John Kerry running for president? No? Go play outside.”

If it wasn’t wrong for Kerry, it is not wrong for Romney either.

This really is hysterical. Once again it proves my axiom that liberals have zero long term memory. And they’re not very much for principle either.

He and Pelosi and Hoyer and Waxman and the rest of the execrable democrats.

Much has been made about Mitt Romney’s income tax rate and it’s all the same. Sure he’s done nothing illegal but shame on Romney for paying what he owes. It’s his fault. He’s hiding something.

Romney’s tax rate unfair

Mitt Romney’s taxes make him the poster boy for unfair ‘carried interest’ rates

The NY Times cannot resist dunning Romney

The 1% and That 15%

Mr. Romney does not have to apologize for his wealth. But he cannot keep trying to conceal just how much the tax code has been tilted in his favor.

“in his favor”- and in no one else’s favor.

Mitt Romney, Tax Loophole Exploiter-in-Chief

Romney wealth puts him in top 1%

The notorious tax cheat Al Sharpton criticizes Romney:

Click here to view the embedded video.

You’d think Romney wrote the tax code himself.

But it’s not his fault. It’s Obama’s fault, along with all the democrats.

This tax rate was never an issue for democrats when John Kerry paid 13.9% in 2003. No democrat stood up and said Kerry’s tax rate was unfair.

How about Romney’s “off shore” money?

How about John Kerry’s off shore money?

Documents obtained by the Globe detail John Kerry’s 1983 investment of between $25,000 and $30,000 in offshore companies registered in the Cayman Islands. The document below, signed by Kerry, shows his pledge to purchase 2,470 shares of Peabody Commodities Trading Corp. through Sytel Traders, registered in the Caymans.

How about Apple’s off shore money?

Apple may have enough cash on hand to make Scrooge McDuck’s money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas. US$54 billion of Apple’s overall $82 billion in cash is in offshore accounts, and Apple cannot repatriate that money to the States unless it wants to pay a huge 35 percent corporate tax on it.

If Apple attempted to bring that money into the States, right off the bat through the magic of taxes that $54 billion would transform into $35.1 billion, with the other $18.9 billion disappearing down the federal money hole. With that much cash at stake, it’s no wonder that Apple hasn’t been in any hurry to repatriate its huge foreign cash reserves.

But never mind all this odious hypocrisy. Who’s fault is this tax rate?

It’s Barack Obama’s fault.

It’s Nancy Pelosi’s fault.

It’s Harry Reid’s fault.

For the first two years of the Obama Presidency, democrats controlled all three parts of the government. democrats owned a supermajority from June 2009 to February 2010. Obamacare was passed via reconciliation.

democrats were too busy trying to destroy health care and finding green energy companies who would lose billions of taxpayer dollars to be concerned with Romney’s tax rate.

They owned Congress. They could have fixed this. They didn’t.

So shut up.

Fake but true:

IT APPEARED to provide incontrovertible proof that global warming was accelerating faster than even the most doom-laden scientists had predicted.

There was considerable alarm when the word’s most authoritative atlas printed a map which showed that Greenland was rapidly turning green.

However, experts from around the globe pointed out that the cataclysmic chart had no scientific support and was contradicted by all of the most recent satellite images.

Now the Scottish map-makers responsible for the disappearance of 115,830 square miles of polar ice have admitted publicly they were wrong.

As an act of contrition, The Times Comprehensive Atlas of the World cartographers have produced a new map which restores Greenland’s ice cover.

We’re sorry- that we got caught.

Jethro Lennox, senior publishing editor of the £150 tome, insisted lessons would be learned from the episode, which generated headlines around the globe.

The Glasgow-based map-maker said: “We’re very disappointed at the way it happened.

Nothing to see here, move on:

“But we are now looking to draw a line under the Greenland controversy and move on.”

It was a “blunder”

The latest atlas, which was published in September, showed a reduction in ice cover compared with the previous edition from four years ago.

Accompanying publicity material declared the change represented “concrete evidence” of the effects of global warming, stating: “For the first time the new edition has had to erase 15 per cent of Greenland’s permanent ice cover – turning an area the size of the UK and Ireland ‘green’ and ice-free.”

Publishers HarperCollins originally stood by the accuracy of the map but have since admitted to the mistake after the blunder was exposed by scientists.

No word on exactly how this “blunder” happened.

Elizabeth Warren doesn’t like the way Mitt Romney pays his taxes:

“And that is that Mitt Romney pays 14% of his income in taxes and people who get out there and work for a living pay 25%, 28%, 30%, 33%. I get it. Mitt Romney gets a better deal than any of the rest of us because he manages to earn his income in a way that has been specially protected for rich folks. I think that’s wrong,” Elizabeth Warren, a democratic candidate for U.S. Senate from Massachusetts said on MSNBC’s “The Last Word.”

In 2003 John Kerry paid an even lower rate than Romney.

In a bit of Democratic comeuppance for dinging Mitt Romney for how little he pays in taxes, Wonkblog published this chart of presidential candidates’ tax rates. And wouldn’t you know, John Kerry had a (slightly) lower tax rate than Romney does. In 2003, a year before running for president, Kerry’s tax rate was 13.1 percent, versus Romney’s at 13.9 percent in 2010. As Brad Plumer, who culled together tax returns to make his chart, explains, “John Kerry’s overall rate is so low — lower than Romney’s, in fact — because his return is getting lumped together with that of his (wealthy) wife, Teresa Heinz, who had a lot of investment income.”

That didn’t bother the painfully hypocritical Warren or her hypocritical democrats brethren back then. It’s only a concern when a Republican fall in that group. Moreover, Romney paid more than he owed:

It appears that the return filed by that trust overstated capital gains realized by nearly $300,000, causing Mr. Romney and his wife to pay about $44,000 more in taxes than they owed.

Of course this would also be the year the NY Times notices the tax laws- but not back in 2003:

Mitt Romney’s tax returns tell us some things about him. They tell us a lot more about the sad state of the tax laws in this country.

But it is Warren who absolutely waterboards the truth. On MSNBC Warren made the argument that member of the Senate shouldn’t own stock.

Click here to view the embedded video.

The rhetoric of class and inequality is back in force, and Massachusetts Senate candidate Elizabeth Warren — the standard-bearer for a combative new progressivism — made the case to MSNBC’s Lawrence O’Donnell last night that members of the Senate shouldn’t own stock.

“I realize there are some wealthy individuals – I’m not one of them, but some wealthy individuals who have a lot of stock portfolios” she told him.

She’s not one of those “wealthy individuals”?

…according to the Personal Financial Disclosure form she filed to run for Senate shows that she’s worth as much as $14.5 million. She earned more than $429,000 from Harvard last year alone for a total of about $700,000, and lives in a house worth $5 million.

A $400,000 salary from Harvard for doing nothing, worth $14 million and she claims she’s not wealthy?

Really?

It gets better. She said Senators should not own stock. Does she own stock?

Warren spokesman Kyle Sullivan emails, “Elizabeth was making the point that, unlike many members of Congress, she does not have a broad portfolio of stocks in individual companies. If elected, she’ll get rid of the one stock she does own.”

So she only owns stock in one company. She has $8 million in mutual funds, which own broad portfolios of stocks in individual companies. See? If you invest in mutual funds which invest in stocks it’s not the same as owning stocks.

Simple.

And owning a house worth $5 million, making $500,000 a year and being worth $14 million also makes her part of the 99%. According to Warren, she is not even wealthy.

“I realize that there are some wealthy individuals- I’m not one of them…”

Warren’s dishonesty and contempt for the intelligence of people is breathtaking. What the US government does not need is another utterly dishonest member.

"Does it show?"

flack

1    [flak]
noun Sometimes Disparaging .
1.
press agent.
2.
publicity.

verb (used without object)
3.
to serve as a press agent or publicist: to flack for a new rock group.

verb (used with object)
4.
to promote; publicize: to flack a new record.

CNN Turns Blind Eye To Obama-Alinsky Ties

Journalism: As the president launches his re-election bid by striking a more centrist tone, the partisan press is helping him whitewash his radical past. Teamwork or not, it’ll be hard to bleach.

Exhibit A is CNN’s Soledad O’Brien. Earlier this week, she hosted a segment that tried to de-link Obama from Chicago socialist Saul Alinsky. The late Alinsky is the father of community organizing and the author of the far-left bible “Rules for Radicals.”

O’Brien opened her piece by scolding GOP front-runner Newt Gingrich for warning Obama “will represent Saul Alinsky (and) European socialism” in a second term. “President Obama has never said that he was influenced by Alinsky,” O’Brien insisted.

Duh. Uh, Soledad? Hello? Obama TAUGHT Alinsky principles.

Of course he hasn’t. He’s not stupid enough to publicly link himself to a socialist. But the record is clear that he was in fact influenced by Alinsky, if only CNN’s “journalists” would do their homework. Allow us to do it for them:

• Obama first learned Alinsky’s rules in the 1980s, when Alinskyite radicals with the Chicago-based Alinsky group Gamaliel Foundation recruited, hired, trained and paid him as a community organizer in South Side Chicago. (Gamaliel’s website expressly states it grew out of the Alinsky movement.)

• In 1988, Obama even wrote a chapter for the book “After Alinsky: Community Organizing in Illinois,” in which he lamented organizers’ “lack of power” in implementing change.

• Gamaliel board member John McKnight, a hard-core student of Alinsky, penned a letter for Obama to help him get into Harvard Law School.

• Obama took a break from his Harvard studies to travel to Los Angeles for eight days of intense training at Alinsky’s Industrial Areas Foundation, a station of the cross for acolytes.
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• In turn, he trained other community organizers in Alinsky agitation tactics.

• Obama also taught Alinsky’s “Power Analysis” methods at the University of Chicago.

• During the presidential campaign, Obama hired one of his Gamaliel mentors, Mike Kruglik, to train young campaign workers in Alinsky tactics at “Camp Obama,” a school set up at Obama headquarters in Chicago. The tactics helped Obama capture the youth vote like no other president before him.

• Power would no longer be an issue, as Obama infiltrated the highest echelon of the political establishment — the White House — fulfilling Alinsky’s vision of a new “vanguard” of coat-and-tie radicals who “work inside the system” to change the system.

• After the election, his other Gamaliel mentor, Jerry Kellman (who hired him and whose identity Obama disguised in his memoir), helped the Obama administration establish Organizing for America, which mobilizes young supporters to agitate for Obama’s legislative agenda using “Rules for Radicals.”

Saul Alinsky’s son says his dad would be proud of Obama

“Obama learned his lesson well,” said David Alinsky, son of the late socialist. “I am proud to see that my father’s model for organizing is being applied successfully beyond local community organizing.”

She even tried to tie Alinsky to the Tea Party.

IBD was way too kind to O’Brien.

Is she really this clueless? Or is she covering for Obama? Either way, it does not reflect well on a journalist of her stature and influence.

O’Brien is not a journalist. She is a flack.

We’ve all heard the story “The boy who cried wolf” about the boy who falsely cried out so often that when the wolf finally appeared none of the townsfolk came to his assistance because they assumed he was once again lying. The same thing has been happening in the United States with the charge of racism. The problem is, when the word racism is used so often by so many people in such patently absurd contexts the charge and the word cease to have any value.

Of course, what many people often refer to as racism is in reality racial discrimination, and in most cases the activity charged as racism is neither.

Racism is a belief in an inherent difference in the cognitive and physical abilities of members of different groups based on race, which manifest themselves in social and economic achievement. Such differences are usually organized in hierarchical manner putting the proponent of the theory’s race in the superior position.

Racial discrimination is the treatment or making a distinction, gift or punishment for or against, a person or group based on the race to which that person or persons belong rather than on individual / group merit.

The dilution of the charge of racism has been going on in the United States for decades. The housing crisis that brought about the economic meltdown in which we find ourselves today was the direct result of federal regulations intended to counteract false claims of racist / discriminatory practices on the part of mortgage lenders.

More recently the cries of racism have been thrown around like rice at a wedding since Barack Obama became a candidate for President. From individuals to Tea Party activists to radio talk show hosts, every disagreement with the policies of Barack Obama is at some point reduced to the simple charge of racism. It does not even appear as if race itself is a defense against such claims as can be seen by the denunciations of Herman Cain.

Is it possible that by 2012 the overuse of the charge of racism has finally contributed to its own demise? Perhaps two absurd events from last week will be a sign of the false charge’s swan song.

The first comes from Dallas and has to do with Microsoft’s purported “Avoid the Ghetto” app for smartphones – a name suggested by critics rather than the company. The app, which is said to use crime statistic data, is supposed to offer drivers and pedestrians the opportunity to set routes to their destination that avoid high crime areas.

Dallas NAACP President Juanita Wallace seems to be unhappy about the as of yet unavailable product: “It’s almost like gerrymandering,” she said. “It’s stereotyping for sure and without a doubt; I can’t emphasize enough, it’s discriminatory.” However, the app will not label communities based on race. It is not going to tell users to avoid minorities or minority communities. It is is rather simply going to inform users about neighborhoods where a high number of crimes have been reported and offer them alternative routes to getting to their destinations. Certainly James Cooper and James Kouzaris could have used it.

Whatever the demographics of the neighborhoods drivers or pedestrians avoid as a result of Microsoft’s app, claims of racism or racial discrimination are absurd. Crime is crime, regardless of who perpetrates it. Indeed, it is President Wallace who has suggested the connection between crime and minority communities, not Microsoft.

The second story comes from Burlington, Vermont. At a time when consumers are put off by many bank’s limited hours and increasingly automated services, TD Bank sees an opportunity to distinguish itself from its competitors by opening for business every day other than Christmas, Thanksgiving, Easter Sunday and New Years Day. In the highly competitive marketplace the bank is seeking to succeed by providing more services to attract more customers. The result? The branch in Burlington, Vermont was picketed for being open and serving its customers on the MLK holiday. Protesters printed flyers suggesting the bank was racist: “Dear TD Bank, you are defying the King holiday. Shame, Shame, Shame. This is a racist act. Shame, Shame, Shame.”

In what universe is a company seeking to provide its clients – all clients, regardless of race – with better service acting in a racist, or more accurately, a racially discriminatory manner? Only in a leftist, victim mentality universe fueled by the Democratic Party.

As we approach the battle for the White House those of us who disagree with the policies of President Obama should be prepared to be labeled racists for virtually every utterance. Of course it is possible that the false charge of racism has jumped the shark and will finally be disregarded by citizens as just another Democratic tool of intimidation and slander. Possible, but unfortunately… unlikely.

I’m afraid it’s more likely to be another Hollywood creation, Freddy from the Friday the 13th franchise that more accurately characterizes the future of the false charge of racism. Even when it is so widely seen as debased and hollow, when it should be dead after so many false utterances, the charge of racism is likely to once again be an instrument of the left with which it seeks to intimidate conservatives and distract voters from the abject failure of decades of Democratic policies – whose victims are both black and white. That’s unfortunate because real examples of racism and racial discrimination do indeed exist, but because the left has purloined the charge for its insidious ends those real examples are far less likely to be taken seriously. And for that we are less well off.

Dennis Kucinich is arguably one of the most anti-American members of the United States Congress and seems continuously determined to prove it. He has introduced a plan to regulate oil company profits- or, rather to prevent them.

Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a “Reasonable Profits Board” to control gas profits.

The Democrats, worried about higher gas prices, want to set up a board that would apply a “windfall profit tax” as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit.

The Gas Price Spike Act, H.R. 3784, would apply a windfall tax on the sale of oil and gas that ranges from 50 percent to 100 percent on all surplus earnings exceeding “a reasonable profit.” It would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. Unlike other bills setting up advisory boards, the Reasonable Profits Board would not be made up of any nominees from Congress.

No one from the industry will have a say in what is “reasonable.”

The bill would also seem to exclude industry representatives from the board, as it says members “shall have no financial interests in any of the businesses for which reasonable profits are determined by the Board.”

The funds seized from the oil companies would be thrown down the “alternative” toilet

According to the bill, a windfall tax of 50 percent would be applied when the sale of oil or gas leads to a profit of between 100 percent and 102 percent of a reasonable profit. The windfall tax would jump to 75 percent when the profit is between 102 and 105 percent of a reasonable profit, and above that, the windfall tax would be 100 percent. The bill also specifies that the oil-and-gas companies, as the seller, would have to pay this tax.

Kucinich said these tax revenues would be used to fund alternative transportation programs when oil-and-gas prices spike.

Those supportive of this legislation are the usual brain dead groups:

Co-sponsoring the bill are five other Democrats: Reps. John Conyers Jr. (Mich.), Bob Filner (Calif.), Marcia Fudge (Ohio), Jim Langevin (R.I.), and Lynn Woolsey (Calif.).

There is no doubt that were this effort to succeed, it would be only the tip of the spear into the heart of American business and industry. Democrats would love nothing better than to impose regulations on the profits of all business in the US, deeming what is reasonable and what is unreasonable. And you would have absolutely no voice for your business.

Kucinich’s umbrage is nothing but pure idiocy. Oil company profits rise with the price of oil and no one has pushed the price of oil higher than Barack Obama. He’s said no to every single energy proposal that would succeed and has forced us all to pay for those which have all failed.

If one wanted to limit oil company profits, one would push the price of oil down, not up. If one takes away incentive to produce more oil as Kucinich would seize all the profits, one would have no incentive to provide more oil domestically.

That’d be a fun time.

The “it’s racist” attacks for the 2012 election have begun….

Ok, I lie…they began awhile ago but here is the latest example, this time from tingles:

Chris Matthews says the way Newt Gingrich pronounced moderator Juan Williams’ name at last night’s debate was a racially charged moment. Matthews, who would later sum this up as a “dog whistle,” made his case that this is racist because some people will “clearly hear” it while others “don’t want to hear it.”

So let me get this straight. Those who WANT to hear racism will “clearly hear” it. Everyone else is just…just….just RACIST dammit! How dare you boo clear race-baiting! All you Republicans are racist so just admit it and get it over with.

Sigh….

Just a few days ago we get one MSNBC dummy claiming Romney is racist for helping someone out. Now we get tingles claiming Newt is racist for calling someone by their name.

This is all they have, and it’s pathetic.