Thursday, October 20, 2011

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party


Herman Cain Gets Tea Party Boost in NJ, Some Say They Also Like Romney

Posted: 20 Oct 2011 06:19 AM PDT

By Brian Thompson | NBCNewYork.com

Republican presidential candidate Herman Cain has picked up some early support from two tea party groups in New Jersey.

The Bay Shore Tea Party group and Jersey Shore Tea Party announced Wednesday at a news conference in Middletown, N.J., that their combined 1,500 members voted for Cain by an “overwhelming” margin.

“Our groups have researched the platforms of the various Republican candidates and came to the conclusion Herman Cain is the one candidate who represents the values of the tea party movement,” said Barbara Gonzalez, of the Bay Shore Tea Party.

Gonzalez said no one in her group voted for the front-runner Mitt Romney. Mark Falzon of Jersey Shore Tea Party said Romney got a handful of votes from his members.

To read more, visit:  http://www.nbcnewyork.com/news/local/Herman-Cain-Tea-Party-New-Jersey-Ron-Paul-Mitt-Romney-Republicans-2012.html

Ron Paul supporters sound off on Christian Science Monitor coverage

Posted: 20 Oct 2011 06:17 AM PDT


By Maud Dillingham / The Christian Science Monitor

Ron Paul supporters are a vociferous lot, leaping to the defense and promotion of their favored Republican presidential candidate anywhere their search engines take them. The Christian Science Monitor's comment forums are no exception, be they on the website itself or on the CSM's Politics Facebook page.

Peter Grier's article, "Ron Paul: Are the media still ignoring him?" was like waving a red flag in front a bull, provoking a stampede of comments. Unsurprisingly, most commenters agreed with the headline, lumping the Monitor in with what they call a mainstream media blackout, despite the fact that we were, in fact, providing coverage of Rep. Ron Paul (R) of Texas right then and there – and recently hosted a Monitor Breakfast that featured none other than Dr. Paul.

Nevertheless, Eric Bahr remarked, "CS is an excellent example of corporate filtered, ulterior motive driven propaganda." Ouch.

“Snarky Richard” pointed out, "If an article comes out asking if Ron Paul is being ignored by the media it pretty much proves that he is being ignored by the media." Touché.

To read more, visit:  http://www.csmonitor.com/USA/Elections/Vox-News/2011/1019/Ron-Paul-supporters-sound-off-on-Christian-Science-Monitor-coverage

Jobless Claims Top 400,000 Again

Posted: 20 Oct 2011 06:13 AM PDT

By: Reuters, CNBC.com

New claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday, pointing to an improvement in the jobs market.

Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 403,000, the Labor Department said, from an upwardly revised 409,000 the prior week.

Economists polled by Reuters had forecast claims falling to 400,000 from the previously reported 404,000.

The claims data covered the survey week for the government’s closely watched nonfarm payrolls count for October.

To read more, visit:  http://www.cnbc.com/id/44972522

Law Bans Cash for Second Hand Transactions

Posted: 20 Oct 2011 06:09 AM PDT

By KLFY10.com

Cold hard cash. It’s good everywhere you go, right? You can use it to pay for anything.

But that’s not the case here in Louisiana now. It’s a law that was passed during this year’s busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don’t even know about it.

“We’re gonna lose a lot of business,” says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

“We don’t want this cash transaction to be taken away from us. It’s an everyday transaction,” Guidry explains.

Guidry says, “I think everyone in this business once they find out about it. They’re will definitely be a lot of uproar.”

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.

Hardy says, “they give a check or a cashiers money order, or electronic one of those three mechanisms is used.”

To read more, visit:   http://www.klfy.com/story/15717759/second-hand-dealer-law

Social Security to Hand Out First Raises Since ’09

Posted: 20 Oct 2011 02:00 AM PDT

From: FOXNews.com

WASHINGTON – Social Security recipients will get a raise in January — their first increase in benefits since 2009. It’s expected to be about 3.5 percent.

Some 55 million beneficiaries will find out for sure Wednesday when a government inflation measure that determines the annual cost-of-living adjustment is released.

Congress adopted the measure in the 1970s, and since then it has resulted in annual benefit increases averaging 4.2 percent. But there was no COLA in 2010 or 2011 because inflation was too low. That was small comfort to the millions of retirees and disabled people who have seen retirement accounts dwindle and home values drop during the period of economic weakness, said David Certner, legislative policy director for the AARP.

“People certainly feel like they are falling behind, and these are modest income folks to begin with, so every dollar counts,” Certner said. “I think sometimes people forget what seniors’ incomes are.”

Some of the increase in January will be lost to higher Medicare premiums, which are deducted from Social Security payments. Medicare Part B premiums for 2012 are expected to be announced next week, and the trustees who oversee the program are projecting an increase.

Monthly Social Security payments average $1,082, or about $13,000 a year. A 3.5 percent increase would amount to an additional $38 a month, or about $455 a year.

To read more, visit:  http://www.foxnews.com/politics/2011/10/18/social-security-to-hand-out-first-raises-since-0/

The Hidden Utility of Ron Paul’s Balanced-Budget Plan: View

Posted: 19 Oct 2011 05:10 PM PDT


By Bloomeberg.com

American voters are adept at sending mixed messages to elected officials. None are as confusing as the signals from the heartland over how to fix the federal budget.

When told that the U.S. deficit is now $1.3 trillion, the majority of voters enthusiastically embrace the need to cut, cut, cut. But they balk when asked to name specific programs to downsize or lop off.

That's why U.S. Representative Ron Paul, the libertarian seeking the Republican presidential nomination, performed a valuable public service this week when he unveiled a budget plan that shows exactly what balancing the $3.8 trillion budget through spending cuts would look like.

Paul's blueprint, released Oct. 17, would balance the books in three years. Admirably, he commits real numbers to paper. He does it in just five pages. And he spares no one: the health- care industry, defense contractors, oil-and-gas companies, federal workers, homeowners, the poor, the middle class and the rich.

To read more, visit: http://www.bloomberg.com/news/2011-10-19/the-hidden-utility-of-ron-paul-s-blueprint-for-balancing-u-s-budget-view.html

Obama’s bus tour costing taxpayers thousands

Posted: 19 Oct 2011 08:16 AM PDT

By Mark Knoller, CBSNews.com

If Mitt Romney, Rick Perry, Herman Cain or any of the other presidential challengers were to embark on a three-day bus trip like the one now underway by President Obama, it would cost their campaigns tens of thousands of dollars. Perhaps more.

They would have to pay a variety of expenses, including:

air travel to their first destination
leasing of one or more buses appropriate to the journey
rental for halls or meeting rooms for their candidates’ appearances
the cost of lodging and meals for their candidate and staff

But not the Obama campaign. The White House declared that Mr. Obama’s three-day trip through North Carolina and Virginia are official events and not campaign appearances, even though the two states are known to be political objectives of his re-election bid.

So Mr. Obama’s expenses are borne by taxpayers, including:

the pro-rated costs of his flights aboard Marine One and Air Force One that brought him to his first stop yesterday in Asheville, NC
the two buses used by him and his staff, owned and operated by the United States Secret Service
costs associated with setting up speech sites including microphones, speakers, amplifiers, teleprompters and TV lights
lodging and meals for the president and his political staff

It’s an advantage enjoyed by every incumbent president seeking re-election — and a disadvantage endured by his challengers. And though the White House has said the trip is not political, Mr. Obama has repeatedly used his speeches to take Republicans to task for opposing the provisions of his jobs bill.

“They said no to putting teachers and construction workers back on the job,” the president said yesterday in Asheville. “They said no to rebuilding our roads and our bridges and our airports. They said no to cutting taxes for middle-class families and small businesses when all they’ve been doing is cutting taxes for the wealthiest Americans.”

To read more, visit:  http://www.cbsnews.com/8301-503544_162-20122149-503544.html?tag=mncol;lst;1

DeMint Tries to Halt Ban on Over-the-Counter Asthma Inhaler

Posted: 19 Oct 2011 07:58 AM PDT

From: FOXNews.com

Sen. Jim DeMint is trying to stop the federal government from banning a popular over-the-counter asthma inhaler, introducing an amendment that would yank funding for the ban set to go into effect in January.

The Food and Drug Administration rule would take off the shelves the epinephrine asthma inhaler known as Primatene Mist. The product is currently the only FDA-approved over-the-counter inhaler and is being banned because it uses something called chlorofluorocarbons (CFCs) as a propellant — the substance is considered harmful to the ozone layer.

But DeMint’s office noted that CFC emissions from U.S. inhalers make up just a tiny fraction of total CFC emissions, and he said the ban could lead asthma sufferers to turn to “less effective remedies.”

“The ban … puts environmental concerns ahead of concerns for the estimated 3 million American asthma sufferers who use these inhalers,” DeMint spokesman Wesley Denton said in a statement.

DeMint, R-S.C., filed the amendment Tuesday to wall off funding for the implementation of the ban.

The FDA push to regulate the chemical in inhalers has been under way since 2006. It stems from an international treaty signed under the Reagan administration.

In lieu of Primatene Mist, the FDA has suggested users of the product get a prescription for sanctioned inhalers, such as those that use an “environmentally friendly” propellant known as HFA.

To read more, visit:  http://www.foxnews.com/politics/2011/10/18/demint-tries-to-halt-ban-on-over-counter-asthma-inhaler/

All against Cain: Upstart targeted in GOP debate

Posted: 19 Oct 2011 07:54 AM PDT

By KASIE HUNT, Associated Press

LAS VEGAS (AP) — Republican presidential contenders attacked upstart Herman Cain’s economic plan as a tax increase waiting to happen Tuesday night, moving swiftly in a fiery campaign debate to blunt the former businessman’s unlikely rise in the race for the party’s nomination.

Old animosities flared, too, as former Massachusetts Gov. Mitt Romney and Texas Gov. Rick Perry swapped criticism in unusually personal terms. “You have a problem with allowing someone to finish speaking,” Romney declared as the two men interrupted one another repeatedly in a disagreement over immigration, one of several vigorous clashes they had.

In a bow to Nevada voters, who will be among the first to choose among the candidates early next year, no one said he wanted to open a proposed nuclear waste repository at Yucca Mountain in a remote part of the state.

The fifth debate in six weeks ranged over familiar and contentious territory – from immigration and health care to the economy and energy, often in antagonistic terms. The candidates engaged each other more directly and sometimes more heatedly than in previous debates.

Romney’s Mormon faith also came up, and Perry said he disagreed with a pastor and political supporter who described the religion as a cult. “I can’t apologize any more than that,” the Texan said.

To read more, visit:  http://hosted.ap.org/dynamic/stories/U/US_REPUBLICANS_DEBATE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-10-18-16-54-25

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