Around the internet: world news today
From Virginia, the state’s U.S. Senate candidate, Tim Kaine, a Democrat, said that he’s open to having a “minimum tax level for everyone.” Kaine went on to say he feels the minimum tax level should be an individual $2000 tax credit, a position largely consistent with President Obama and his economic advisors. Obama team insiders are said to be debating a minimum tax ranging from Kaine’s $2000 tax credit to a $10000 tax credit per household. Policy makers are also considering allowing qualifying households to opt for a Chevy Volt in lieu of the minimum tax tax credit.
On the campaign trail, the President decried the “bitter clinging” of mob violence, intolerance, mayhem, and destruction of property said to be planned by Mormons in response to the hit Broadway musical “The Book of Mormon.” Internet sources reveal the President is said to have his concerns sharpened based on Homeland Security briefings which relied upon unimpeachable Southern Poverty Law Center and The New Republic sources for their conclusions.
Appearing on Fox News, Presidential advisor David Axelrod responded to The American Spectator’s challenge to Name a single thing that has improved under his [President Obama’s] rule. Axelrod told host Shemp Smith that many things have increased under the President’s governance including gasoline prices, unemployment, food stamp usage, and the federal debt. Smith then challenged Axelrod saying, “While those are increases, almost no one views them as improvements.” Axelrod countered with, “This campaign won’t stoop to partisan politics,” and walked off the set in apparent disgust as soon as the show went to break.
In Washington, several high-level GOP senators emerged from a top secret briefing with senior Administration officials, incensed that the Obama team offered no new information while failing to answer questions regarding the Sept. 11 attack on the U.S. consulate in Benghazi that resulted in the death of four Americans. In response, Secretary of State Hillary Clinton, Deputy Secretary of Defense Ash Carter, Director of National Intelligence James Clapper, and Joint Chiefs Vice Chairman Adm. Sandy Winnefeld told the media they felt the briefings—which in an unusual turn, had been outsourced to the Southern Poverty Law Center and The New Republic—were “accurate, timely, and well received.”
It’s now been more than 100 days since U.S. Rep. Jesse Jackson Jr. began a “medical leave of absence.” Jackson’s staff has not disclosed when he may be able to resume his official duties but denied that his absence is related to alleged drug abuse. Skeptics have questioned this assessment with the revelation that Jackson has already been announced as starring in the season premier of the A&E Network’s popular reality show Intervention.
In the debates associated with the hotly contested campaign for the U.S. Senate seat in Massachusetts, Senator Scott Brown was said to have dismantled his foe, Elizabeth Warren. Warren surprised—and terrified—observers by showing up in a Cherokee head dress, Prada shoes and matching bag, and nothing else. For her part, a Warren campaign spokesman said Warren scored points by saying Brown “spoke with forked tongue.”
In a move disquieting to knowledgeable economists, Fed Chairman Ben Bernanke has decided to skip QE3, 4, and 5 and proceed directly to QE6. Bernanke said, “Tripling our money supply in six years has clearly not done the trick. I hope QE6 will.” When asked by CNBC host Larry Kudlow later that day, “Just what is the trick you’re trying to accomplish, Mr. Chairman?”, Bernanke shrugged. Bernanke soon departed the CNBC set for a fundraiser for President Obama intended to dishonor street economists Fo’pak (University of Chicago) and Notorious H.A.Y.E.K. (University of Freiburg).
Stay tuned for updates which will occur as time and conditions permit.
Posted on September 21, 2012, in Uncategorized and tagged Ben Bernanke, David Axelrod, Economics, Elizabeth Warren, Jesse Jackson, Jr., Mormon Violence, Parody, Quin Hilllyer, Taxes, Terrorism, The American Spectator, Tim Kaine. Bookmark the permalink. Leave a comment.