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Obama will eventually have to tax middle class
I suggest a bold and symbolic more for our new Administration. A 10% reduction of all federal salaries over $140,000 for 2 years...and a 10% slash of all federal programs (unless extreme hardship can be demonstrated) for 2 years. The Pentagon should also have their budget scrutinized...from what I've read, they can't even identify 50% of their assets and their books were $1 trillion out of balance. So I'm sure they can find several billion if they start looking. I was no huge Reagan fan, however, maybe it's time to have another Grace Commission. In 1982, President Ronald Reagan requested an investigation into waste and inefficiency in the Federal government. But let's also keep in mind that 70% of the $10 trillion nat'l debt was rung up under Reagan, Bush I and Bush II. The Grace Commission Report was presented to Congress in January 1984. The Report claimed that if its recommendations were followed, $424 billion could be saved in three years, rising to $1.9 trillion per year by the year 2000. It estimated that the national debt, without these reforms, would rise to $13 trillion by the year 2000, while with the reforms they projected it would rise to only $2.5 trillion. In reality, the debt reached $5.8 trillion in 2000. The Report said that one-third of all income taxes is consumed by waste and inefficiency in the Federal Government, and another one-third escapes collection due to the underground economy. "With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." The Congress did not act on the recommendations. The federal govt can lead by implementing some serious austerity programs.— November 26, 2008 5:59 p.m.
Have you ever participated in a clinical trial?
I've participated in at least 3 trials. Those running the trials always were very competent and thorough. If anyone has a condition that is not improving with current treatment, he or she should not hesitate about trying something new. It's the only way we'll find new and better treatments. It's a good way to help yourself and hopefully others.— November 18, 2008 7:42 p.m.
Hanging by a Chad... -- 07/29/08 at Lestat's Coffee House
I've already seen this film and it is excellent. I'm sure Jim Lampley will provide some good food for thought with his opening remarks. Thanks for posting this!— July 23, 2008 5:20 p.m.
San Diego is not overbuilt in housing
The stock market 'emerging internet-centric' bubble of the 90s (coupled by the passage of the Private Securities Tort Reform Act of 1995 over the veto of Bill Clinton) which removed corporate criminal sanctions for false financial reporting...led to the parade of bogus numbers put up by the Worldcoms, the Enrons, and their many fellow corporations upon which investors relied ... then the ultimate burst ... Investors salvaged what they could, ran from the stock market and into the last, best American 'supposed recession-proof' asset: real estate....the stampede caused another bubble in another market, driving prices up to giddy levels. Unfortunately, financial institutions do not like regulation and have a habit of getting state and federal office holders in their hip pockets. Just as we saw during the "junk bond-S&L scandals" of the late 80s ...and the energy re-reg in the 90s that led to the electricity crisis and the rape of the consumers in the early 2000s ... with no help from, and probably with the assistance of in the planning, by those at the highest levels of the Executive Branch. On top of all this are the daunting price increases for oil and retail gasoline...the lifeblood of the American economy. When Bush took office, gas at the pump was $1.46 ... it is now well over double, in spite of reduced demand. As those billions are siphoned out of the consumer pocket, it's no wonder that debt and foreclosures are soaring in the face of inflated real estate prices. When we figure out how to legislate integrity and accuracy re: financial instruments and reporting of publicly-held corporations, we'll arrive at a better time for investors and this country.— March 2, 2008 11:46 a.m.
"The Real Dirt on Farmer John" -- 02/19/08 at Lestat's Coffee House
This film won 30 awards at various film festivals...should be something good to see! Thank you.— February 13, 2008 12:31 p.m.
West Coast Mash Up -- 02/01/08 at Static Lounge
Triumphant and inspiring! This terrific theatrical experience is replete with emotional life lessons, keen insights into profressional boxing, enlightening revelations about modern American history from the Great Depression and WWII era up thru the the 70s and the passing of Joe Louis in 1981. .... not to mention the superior acting, writing, costuming, lighting and staging. Whether you're a sports fan, history buff or a theatre enthusiast...something for everyone here! Another excellent offering from one of our city's preeminent landmarks. Congratulations to all associated with IN THIS CORNER.— January 19, 2008 12:07 p.m.