Tuesday, June 7, 2011

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party


Nev. Senate panel OKs mining tax deductions deal

Posted: 06 Jun 2011 10:43 AM PDT

By MICHELLE RINDELS, Forbes.com

CARSON CITY, Nev. — A tentative deal was struck, then amended, late Sunday revising deductions the mining industry in Nevada can take before state taxes are calculated.

The Senate Revenue Committee amended and approved SB493, which strikes out portions of Nevada law that allowed mining companies to write off marketing costs and fire insurance. It also eliminates deductions for employee housing, severance pay, out-of-state travel and federal, state or local taxes.
The measure was then quickly approved by the full Senate, 16-5, and sent to the Assembly.

A provision to allow the industry to continue to deduct the cost of employee health care was agreed to earlier in the night, then rescinded by the committee when it was realized those funds were already factored into local school district budgets. The deductions will be allowable again in two years.

The measure also scraps a mining claim fee set to expire at the end of June. A district court judge on Tuesday struck down the fee, saying the state constitution prohibits any taxes beyond 5 percent of the net proceeds of minerals.

But Sen. Sheila Leslie, D-Reno, said the fee imposed during a special session in 2010 was eliminated because it wasn’t needed under the current budget agreement, not because of the state court ruling.

To read more, visit:  http://www.forbes.com/feeds/ap/2011/06/06/business-us-mining-taxes-nevada_8502025.html

Fla. sued over ban of doctors asking about guns

Posted: 06 Jun 2011 10:41 AM PDT

The Associated Press, The Sacramento Bee

TALLAHASSEE, Fla. — The Brady Center to Prevent Gun Violence is suing to overturn Florida’s new law that bans doctors from asking patients about gun ownership.

The center filed the suit Tuesday in a Miami federal court on behalf of three doctors and three physicians groups. They claim the law violates doctors’ First Amendment rights to provide patients with information and advice on how to reduce risks from firearms.

The law’s supporters say it’s designed to protect patients’ privacy as well as their Second Amendment right to bear arms.

To read more, visit:  http://www.sacbee.com/2011/06/06/3680717/fla-sued-over-ban-of-doctors-asking.html

Romney Talks Up 10th Amendment

Posted: 06 Jun 2011 10:37 AM PDT

By Josh Rogers, NHPR.org

A day after making his 2012 presidential run official Republican Mitt Romney campaigned in Manchester. NHPR’s Josh Rogers reports.

Speaking at a town-hall style meeting, Romney stressed economic issues. He criticized President Obama's ideas as "awfully european" and laced his remarks with references to the founding fathers and states' rights.

"I believe in the constitution, by the way when the founders said we will have certain powers at the federal level but we're going to preserve all those powers at the state level, that 10th amendment. That's one that I don't think Barack Obama has read. I know he went to law school: go read the 10th amendment, recognize the power of states."

To read more, visit: http://www.nhpr.org/romney-talks-10th-amendment

Judge may reconsider ruling on corporate donations ban

Posted: 06 Jun 2011 10:32 AM PDT

By Jordy Yager, The Hill

A federal judge this week may reconsider his ruling that the ban on corporations giving money directly to political candidates is unconstitutional.

Judge James Cacheris of the U.S. District for the Eastern District of Virginia delivered a shocking ruling in a criminal case on May 27 stating that if corporations are entitled to the same freedom of speech rights as individuals — as was recently ruled by the Supreme Court in the Citizens United case — then corporations should have the same rights as individuals when donating money to political campaigns.

Cacheris used the ruling to dismiss a charge against two Virginia men who were accused of illegally donating money to Hillary Clinton's Senate and presidential campaigns.
But this week the prosecution team, citing its own failure to raise the Supreme Court's decision in the 2003 Federal Election Commission v. Beaumont case that upheld the federal ban on corporations donating directly to political campaigns, asked the court to reconsider its decision.

"Although the government did not cite Beaumont, and regrets its omission, the defendants have nevertheless previously conceded that the relevant Supreme Court precedents include Beaumont," said federal prosecutors in a motion to reconsider.

Cacheris allowed the motion and on Friday agreed to decide by early next week whether he would reconsider his ruling.

To read more, visit:  http://thehill.com/homenews/campaign/164773-judge-to-reconsider-ruling-on-corporate-donations-ban

Rick Santorum says he’s ‘in it to win.’ Could he?

Posted: 06 Jun 2011 10:28 AM PDT

By Peter Grier, Christian Science Monitor

Former Pennsylvania Sen. Rick Santorum announced Monday that he'll run for the Republican presidential nomination. He's "in it to win," he told ABC's George Stephanopoulos on "Good Morning America."

That's kind of a defensive thing to say, isn't it? Presumably, nomination candidates always enter the race with hopes, even expectations of victory. To stress that point is to risk protesting a bit too much.

But that might be Mr. Santorum's biggest problem. His White House quest seems quixotic, even in an electoral cycle where the field of candidates has no strong frontrunners.

After all, Santorum is an ex-senator because he lost his 2006 bid for reelection by 18 points. Current polling has him as the first choice of about 2 percent of GOP voters. He's a strong social conservative in a year when conservatives' energy seems focused on fiscal issues such as the national debt. More charismatic politicians such as Herman Cain, Michele Bachmann and Sarah Palin (maybe) are competing with him for the same rightward slice of the electorate.

Santorum's "is an unusual case of presidential fever," noted University of Virginia political scientist Larry Sabato in a rundown of candidates on his "Crystal Ball" blog earlier this year.

The strength of the fundamentalist Christian vote in Iowa might help Santorum score well in the caucuses there, to be held February 8, 2012. He is also strong in South Carolina, the first state in the South to hold a primary.

To read more, visit:  http://www.csmonitor.com/USA/Politics/The-Vote/2011/0606/Rick-Santorum-says-he-s-in-it-to-win.-Could-he

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