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The Treasury Department announced that the Federal debt has reached record levels, as the number passed the $15 trillion mark after a precipitous decade-long increase.
The focus in Washington over deficit reduction strategies has led to talks about a previous proposal that would allow the Internal Revenue Service (IRS) to go ahead and prepare tax returns for Americans.
If you read the grand jury report, you would probably say hanging would be too good for Jerry Sandusky, Joe Paterno’s longtime assistant football coach at Penn State. The thought of a trusted adult taking advantage of his position to sexually molest young boys is absolutely sickening. Yet several things about this whole horrible story give me pause.
Senator Tom Coburn (R-Okla.) released a report “Shooting the Messenger: Congress Targets the Taxpayers’ Watchdog” that outlined how the House was cutting resources to its own investigative agency.
Getting paid a lot for messing up. A lot of folks believe that the profligate loan policies of Fannie Mae and Freddie Mac help precipitate the financial crisis in the United States and the multibillion dollar bailout both government-sponsored entities subsequently received. So they won’t be happy to learn that nearly $100 million of their tax dollars went to lucrative pay packages for the agencies’ executives. The two top guys, Fannie Mae CEO Michael Williams and Freddie Mac CEO Charles Haldeman, each collected about $5.5 million last year and may get even more. Congress has promised to investigate.
As President Barack Obama headed off to Australia, some lawmakers in Washington accused him of abandoning the capital at an important juncture in the deficit negotiations.
Surely, no one could be silly enough to think that a nation built on free enterprise would ever allow a group of unelected lawyers to start making decisions about their doctors. And surely, no President in his right mind would risk the proverbial smack upside the head which would result from a Supreme Court review of the Constitutionality of a second attempt to dig nationalized healthcare out of its grave.
Some features of proposed legislation would ultimately make companies liable for user copyright infringements taking place on their websites thereby creating a system that, much like Chinese corporate “self-discipline,” gives website operators incentive to be very strict about the information they allow to be published on their venues.
On Nov. 22, 1963, President John F. Kennedy was shot while riding through Dallas in an open-top convertible at approximately 12:30 p.m. Thirty minutes later he was pronounced dead at Dallas’ Parkland Hospital.
Of course, everyone knows the “official” story. Lee Harvey Oswald, a former U.S. Marine and communist sympathizer who had tried unsuccessfully to become a citizen of the Soviet Union and had married a Russian woman, shot Kennedy from the sixth floor of the Texas School Book Depository Building with a Mannlicher-Carcano Italian military rifle fitted with a scope. Oswald was captured and arrested in a movie theater about 30 minutes after shooting a police officer who had stopped to question him. The arrest occurred less than 90 minutes after the Kennedy shooting.
Two days later, while being moved from the Dallas County Jail to a more secure jail, Oswald was shot by Jack Ruby. Ruby died of lung cancer in a Dallas hospital some three and a half years later.
The official Warren Commission report of 1964 concluded that neither Oswald nor Ruby were part of a larger conspiracy, either domestic or international, to assassinate Kennedy. But the report did little to assuage those who believed Oswald either did not act alone or was in fact a patsy and did not actually kill Kennedy.
New York City Police arrested at least 70 protesters in Zuccotti Park while clearing the area so that sanitation workers could come and clean it.