By GottaLaff
St. Ronnie of SaddleSore is fifty dollar bill-worthy, according to, you know, America:
A Marist Poll finds that 79% of Americans think it's a bad idea to replace President Ulysses S. Grant on the fifty dollar bill with that of President Ronald Reagan, while just 12% say it's a good one and 9% are unsure.
I am convinced that if Steele were white he would have been ejected months ago. They have to cling to him to keep up the illusion that they are "inclusive". Wonder if it's worth it watching the cash disappear like that.
Republican National Chairman Michael Steele is spending twice as much as his recent predecessors on private planes and paying more for limousines, catering and flowers – expenses that are infuriating the party's major donors who say Republicans need every penny they can get for the fight to win back Congress.
Most recently, donors grumbled when Steele hired renowned chef Wolfgang Puck's local crew to cater the RNC's Christmas party inside the trendy Newseum on Pennsylvania Avenue, and then moved its annual winter meeting from Washington to Hawaii.
For some major GOP donors, both decisions were symbolic of the kind of wasteful spending habits they claim has become endemic to his tenure at the RNC. When Ken Mehlman served as the committee chairman during the critical 2006 midterm elections, the holiday party was held in a headquarters conference room and Chic-fil-A was the caterer.
A POLITICO analysis of expenses found that compared with 2005, the last comparable year preceding a midterm election, the committee’s payments for charter flights doubled; the number of sedan contractors tripled, and meal expenses jumped from $306,000 to $599,000.
By GottaLaff
Evangelical pastor Rick Warren appealed to parishioners at his Orange County megachurch Wednesday to help fill a $900,000 deficit by the first of the year.[...] "Dear Saddleback Family, THIS IS AN URGENT LETTER."
"With 10 percent of our church family out of work due to the recession, our expenses in caring for our community in 2009 rose dramatically while our income stagnated," the letter reads.
"Stagnation". What a perfect word to associate with Rev Ricky.
"On the last weekend of 2009, our total offerings were less than half of what we normally receive - leaving us $900,000 in the red for the year," the letter reads.I guess the invisible man upstairs didn't feel someone who doesn't love some of his fellow men as much as others was worth it.
By GottaLaff
The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab.Now then, let's everyone follow the advice of the Rushpublics, in all their wise wisdom, and cut more of them taxes. That should fix everything.The numbers could hardly be more stark: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion.
Other figures in an Associated Press analysis underscore the recession's impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent. Social Security tax receipts could drop for only the second time since 1940, and Medicare taxes are on pace to drop for only the third time ever.
The last time the government's revenues were this bleak, the year was 1932 in the midst of the Depression. [...]
The sheer magnitude of the tax decline, however, points to the deep recession that is reducing incomes, wiping out corporate profits and straining government programs.
By GottaLaff
But remember: It's the Obama Recession. Bush was just a passive observer of the events that befell him.The borrow and spend decade.Paul Krugman: "Last week the Federal Reserve released the results of the latest Survey of Consumer Finances, a triennial report on the assets and liabilities of American households. The bottom line is that there has been basically no wealth creation at all since the turn of the millennium: the net worth of the average American household, adjusted for inflation, is lower now than it was in 2001."
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