Rick Santelli's Chicago Tea Party |
- Michael Moore to join Keith Olbermann’s Current TV program
- Paul is second Tea Party senator to miss coveted committee slot
- Geithner Predicts Double-Dip if Congress Fails to Lift Debt Ceiling
- Mike Huckabee: I will not seek a presidential nomination
- IRS could hit political groups, draw lawsuits
- HHS approves 200 more new healthcare reform waivers
- Tea party in Nevada looks to influence 2012 races
| Michael Moore to join Keith Olbermann’s Current TV program Posted: 14 May 2011 10:18 PM PDT
Keith Olbermann’s supportive commentary on filmmaker Michael Moore’s criticism of the Osama bin Laden killing comes on the heels of Mr. Moore’s decision to join Olbermann’s Current TV program as a contributor. Liberal television news commentator Keith Olbermann, working now for Al Gore’s Current TV venture, has added a new contributor to his “Countdown with Keith Olbermann” program, with the announcement on Wednesday that filmmaker Michael Moore will join the Olbermann team, Reuters reported. The new Olbermann show will premiere on June 20 on Current TV and will also feature contributions from comedian Richard Lewis and filmmaker Ken Burns. To read more, visit: http://www.digitaljournal.com/article/306708 |
| Paul is second Tea Party senator to miss coveted committee slot Posted: 14 May 2011 10:10 PM PDT
Sen. Rand Paul (R-Ky.), a favorite son of the Tea Party, wanted a seat on the Senate Budget Committee, but was passed over in favor of a more junior colleague. The decision was made by Senate Republican leader Mitch McConnell (R-Ky.), who instead picked Sen. Kelly Ayotte (N.H.), the only member of the Senate Republican conference with less seniority than Paul. (Paul and Ayotte entered the Senate the same day, but Paul has more seniority by draw.) A Senate GOP aide familiar with Paul's ambitions said Paul asked for the Budget seat that was to become vacant after Sen. John Ensign (R-Nev.) announced his resignation last month. The Senate aide familiar with the behind the scenes jockeying said Paul did indeed make that request. To read more, visit: http://thehill.com/homenews/senate/161251-paul-is-the-second-tea-party-senator-to-miss-coveted-budget-committee-slot |
| Geithner Predicts Double-Dip if Congress Fails to Lift Debt Ceiling Posted: 14 May 2011 09:44 PM PDT
Treasury Secretary Tim Geithner said if Congress fails to lift the debt ceiling and the U.S. defaults on its obligations "this abrupt contraction would likely push us into a double dip recession," painting the most explicitly dire prediction to date of the consequences of inaction. In a heavily-anticipated response to Sen. Michael Bennet, D-Colo., who asked Geithner to document the economic and fiscal impacts of failing to lift the statutory debt limit, the Treasury secretary detailed a chain reaction that would cripple the economy, costing jobs and income. "A default would inflict catastrophic far-reaching damage on our nation's economy, significantly reducing growth and increasing unemployment," said Geithner in the letter to Bennet which was dated May 13. "Even a short-term default could cause irrevocable damage to the economy.” Geithner has imposed an August deadline for Congress to lift the $14.3 trillion debt ceiling, but lawmakers are still negotiating over Republican demands to tie the move to spending cuts. And a portion of the GOP still remains skeptical about the need to act by the deadline at all, arguing that the consequences have been overstates. In the letter Geithner walked through the doomsday scenario he has been describing on the Hill. Default would cast doubt on the full faith and credit of the U.S., which would scare away investors and enable those remaining to demand higher interest rates on Treasury securities, which would have far-reaching negative ramifications. Increased borrowing costs would extend to families, businesses, and local governments, he said. To read more, visit: http://nationaljournal.com/economy/geithner-predicts-double-dip-if-congress-fails-to-lift-debt-ceiling-20110514 |
| Mike Huckabee: I will not seek a presidential nomination Posted: 14 May 2011 09:30 PM PDT By Ralph Z. Hallow-The Washington Times Former Arkansas Gov. Mike Huckabee said Saturday night he will not seek the Republican presidential nomination despite a long publicity build-up that he orchestrated, dropping hints along the way that he would take the plunge. The announcement rendered mute for the moment a dispute legal experts were having over whether he could use his own Fox News TV show to announced a run for the nomination. "I will not seek the Republican nomination for president this year," Mr. Huckabee said on his show on Saturday night. "My heart says no," he said but added that he intends to help other republican candidates. He said it was unthinkable that he would undertake a run for the GOP nomination without the Lord's blessings – and that rather than the certain knowledge that his wife and children would come in for "brutal" and "savage" attacks if he ran caused him to say no. He said his wife actually encouraged him to run. But David Lane, a long-time Huckabee friend who organizes pastors around the country for conservative causes, was not surprised at the decision. To read more, visit: http://www.washingtontimes.com/news/2011/may/14/legal-experts-odds-huckabee-announcement/ |
| IRS could hit political groups, draw lawsuits Posted: 14 May 2011 09:28 AM PDT An Internal Revenue Service effort to collect gift taxes on large individual donations to social advocacy groups, which eventually could include the new political organizations that cropped up in the 2010 midterms, is already drawing threats of lawsuits. According to one attorney familiar with the backroom discussions, the groups could challenge the IRS on two fronts: that the gift tax was not intended to apply to such donations, and that the IRS failed to give notice that it intended to begin enforcing the tax, after two decades of nearly no action. The conversations were prompted this week after tax lawyers spread the news that five individual donors to such groups had received IRS notices that a 2008 gift tax was due. That news, which was first reported in POLITICO, did not include the names of the donors or the organizations. In the years since 2008, more groups came onto the scene. In the 2010 midterms, two GOP giants were founded with the help of former Bush adviser Karl Rove: American Crossroads, which discloses donors, and Crossroads GPS, which doesn't. The majority, $43 million, of the $70 million Crossroads officials said they collected flowed through the non-disclosing organization. To rad more, visit: http://www.politico.com/news/stories/0511/54962.html |
| HHS approves 200 more new healthcare reform waivers Posted: 14 May 2011 09:24 AM PDT By Julian Pecquet, The Hill The Obama administration approved 204 new waivers to Democrats’ healthcare reform law over the past month, bringing the total to 1,372. The waivers are temporary and only apply to one provision of the law, which requires health plans to offer at least $750,000 worth of annual medical benefits before leaving patients to fend for themselves. Still, Republicans have assailed the waivers as a sign of both favoritism and of major problems with the law. “The fact that over 1,000 waivers have been granted is a tacit admission that the healthcare law is fundamentally flawed,” Energy and Commerce Chairman Fred Upton (R-Mich.) said in March. Upton is one of three House committee chairmen who has used new oversight powers to investigate the annual limit waivers. To read more, visit: http://thehill.com/blogs/healthwatch/health-reform-implementation/161203-hhs-approves-200-more-new-healthcare-reform-waivers- |
| Tea party in Nevada looks to influence 2012 races Posted: 14 May 2011 09:20 AM PDT By CRISTINA SILVA, Associated Press LAS VEGAS (AP) — Pitchers of beer were flowing, a mechanical bull seesawed in a corner and a crowd of tea party followers waved American flags like it was Independence Day when unlikely presidential contender Herman Cain stepped onto the stage at Stoney’s Rockin’ Country Bar in Las Vegas to wild applause last week. Cain, a little known first-time presidential contender, is being ignored by many national Republicans who think he doesn’t have what it takes to unseat President Barack Obama. But not in Nevada, where tea party followers are once again intent on making their voices heard on the national stage. The tea party movement swept Republicans into power in the U.S. House and handfuls of state legislatures last year. Leaders of the loosely organized, sprawling effort say they hope to wield the same influence in 2012, when both Congress and the White House will be up for grabs. And Nevada, one of the first states to birth a community of tea party followers — and the home of the third presidential nominating contest of 2012 — is one place where tea party followers hope to make a difference. “The tea party in general and in Nevada in particular has got to help us select a good conservative leader for the (Republican) party,” said Judson Phillips, founder of Tea Party Nation, an organizing website for tea party enthusiasts. “With Nevada as frontloaded as it is, the tea party has got to get out there and help get a good candidate.” To read more, visit: http://www.stamfordadvocate.com/news/article/Tea-party-in-Nevada-looks-to-influence-2012-races-1379588.php |
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