Thursday, December 8, 2011

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party

Dana Loesch Departs St. Louis Tea Party

Posted: 07 Dec 2011 11:57 AM PST

By Chad Garrison, DailyRFT.com

The co-founder of the St. Louis Tea Party has officially left the organization.

In a tweet this morning Dana Loesch writes: “Yes, I am finished with the St. Louis Tea Party. Not keen on grassroots organizing under a candidate, even unofficially. Never will be.”

The St. Louis Tea Party this morning issued its own press release this morning, confirming the split. “The St. Louis Tea Party certainly benefited from Dana’s rising stardom and talent,” wrote St. Louis Tea Party board president, Bill Hennessy, who founded the organization along with Loesch in 2009. “And we can’t help but think our energetic and effective grass roots have propelled Dana’s career.”

Since helping to found the Tea Party, Loesch has had a meteoric rise on the political landscape, getting a job as a CNN pundit and editor of the right-wing website Big Journalism.

Daily RFT has messages out with Hennessy and Loesch for comment. At this point it’s unclear exactly why Loesch left the organization, but Hennessy suggests in today’s press release that the two leaders had different opinions on conservative candidates.

“[A]s a local Tea Party organization, we need to focus on the grass roots going into 2012. At some point, though, one party must cleanly break the tension. In this case, the board has moved in the interest of the movement.”

To read more, visit:  http://blogs.riverfronttimes.com/dailyrft/2011/12/dana_loesch_leaves_st_louis_tea_party.php

Republicans vs. Democrats TV survey results: Lefties want comedy, right wingers like work

Posted: 07 Dec 2011 09:43 AM PST

By James Hibberd, EW.com

Republicans don't watch MTV's Jersey Shore. But they dig ABC's Castle.

Democrats don't like Discovery's Deadliest Catch. But they swoon for NBC's Parks and Recreation.

Those are a few of the findings from an annual research survey by Experian-Simmons that measures the consumer preferences of various political ideologies. In a report prepared exclusively for EW, the company calculated some of the favorite — and least favorite — TV shows of political partisans. (Specifically: the report measures which shows among the survey group were watched by the highest concentration of self-identified "Liberal Democrats" and "Conservative Republicans.")

In the findings, "sarcastic" media-savvy comedies and morally murky antiheroes tend to draw Dems. While serious work-centered shows (both reality shows and stylized scripted procedurals), along with reality competitions, tend to draw conservatives.

Focusing on well-known cable and broadcast original entertainment series (rather than, say, sports, music, news, repeats), here's who wins the 2011 prime-time primaries:

LIBERAL-DEMOCRAT FAVORITES:

– The Daily Show With Jon Stewart and The Colbert Report (Comedy Central): As you might expect.

– 30 Rock and Parks and Recreation (NBC): Literate media-savvy comedies score high among Dems in general, notes Experian-Simmons senior marketing manager John Fetto. "Sarcastic humor is always a hook for them," he adds.

To read more, visit:  http://insidetv.ew.com/2011/12/06/republican-vs-democrat-tv/

How would you feel about a 94% tax rate?

Posted: 07 Dec 2011 09:39 AM PST

By Jeff Haden, CBSNews.com

Today is the 70th anniversary of the bombing of Pearl Harbor. One day later the U.S. declared war on Japan, and four days later declared war on Germany and Italy.

Declaring war was one thing, paying for the war another. World War II had massive worldwide consequences, but it also changed forever the way Americans — and American businesses — are taxed.

I asked William T. Zumwalt, a CPA from Tulsa, Okla., to describe the impact of World War II on taxes, both then and now: If you think a 35% tax rate is high, try 94%.

The consequences of the attack on Pearl Harbor still reverberate today, in dozens of unseen ways — including how Americans pay the taxes that support the national security apparatus that works to prevent such an attack from happening again.

The Roosevelt administration had been gearing up to support the war effort long before the actual attack. When bombers struck on December 7, 1941, taxes were already high by historical standards. There were a dizzying 32 different tax brackets, starting at 10% and topping out at 79% on incomes over $1 million, 80% on incomes over $2 million, and 81% on income over $5 million.

In April 1942, just a few short months after the attack, President Roosevelt proposed a 100% top rate. At a time of “grave national danger,” he argued, “no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year.” (That’s roughly $300,000 in today’s dollars).

To read more, visit:  http://www.cbsnews.com/8301-505143_162-57338266/how-would-you-feel-about-a-94-tax-rate/

Too-Big-To-Fail Banks Back on Senate Agenda

Posted: 07 Dec 2011 09:34 AM PST

By Bradley Keoun and Bob Ivry, Bloomberg.com

Too-big-to-fail banks are back on the U.S. Senate's agenda.

Senator Sherrod Brown, an Ohio Democrat who co-wrote a proposal last year to limit the size of banks, plans to hold a hearing today on "new oversight authority to shield Main Street from Wall Street megabank risk," according to a statement from his office. Former Federal Deposit Insurance Corp. Chairman Sheila Bair, who has said that governments around the world are propping up a bloated financial system, will be a witness.

Last year's Dodd-Frank Act gave the FDIC authority to close large failing financial firms, and Federal Reserve officials say new rules will force the biggest banks to boost capital, making failure less likely.

"For too long, Wall Street has been permitted to operate in the dark, putting our economy at risk and leaving taxpayers on the hook," Brown said yesterday in an e-mailed statement.

The hearing will be held by the Senate Subcommittee on Financial Institutions and Consumer Protection, which Brown heads. Other witnesses include Phillip Swagel, a former assistant secretary at the U.S. Treasury Department who's now a professor at the University of Maryland, and Simon Johnson, a former chief economist at the International Monetary Fund, according to Brown's office.

Brown said the Fed failed to answer questions he posed in August about Berkshire Hathaway Inc. (BRK/A)'s $5 billion investment in Charlotte, North Carolina-based Bank of America Corp. (BAC) The Fed responded last week, saying it couldn't provide "confidential supervisory information," according to Brown.

To read more, visit:  http://www.bloomberg.com/news/2011-12-07/too-big-to-fail-is-back-on-senate-agenda-with-megabank-hearing.html

Government Activating FEMA Camps Across U.S.

Posted: 07 Dec 2011 09:23 AM PST

By: Kurt Nimmo and Alex Jones, Infowars.com

Infowars.com has received a document originating from Halliburton subsidiary KBR that provides details on a push to outfit FEMA and U.S. Army camps around the United States.

Entitled "Project Overview and Anticipated Project Requirements," the document describes services KBR is looking to farm out to subcontractors. The document was passed on to us by a state government employee who wishes to remain anonymous for obvious reasons.

Services up for bid include catering, temporary fencing and barricades, laundry and medical services, power generation, refuse collection, and other services required for temporary "emergency environment" camps located in five regions of the United States.

Internment Camp Services Bid Arrives After NDAA

KBR's call for FEMA camp service bids arrives soon after the Senate overwhelmingly passed the National Defense Authorization Act (NDAA) which permits the military to detain and interrogate supposed domestic terror suspects in violation of the Fourth Amendment and Posse Comitatus.

Section 1031 of the NDAA bill declares the whole of the United States as a "battlefield" and allows American citizens to be arrested on U.S. soil and incarcerated in Guantanamo Bay.

A number of civil liberties groups have come out in strong opposition to the legislation, most notably the Japanese American Citizens League (JACL), the nation's oldest and largest Asian American civil and human rights organization.

In a letter addressed to Congress, S. Floyd Mori, the national director of JACL, said the NDAA is the first time that Congress has scaled back on the protections provided by the Non-Detention Act of 1971. Mori said the legislation, if enacted and put into use, would be reminiscent of the unconstitutional indefinite detention of Japanese Americans during World War II.

To read more, visit:  http://www.infowars.com/exclusive-government-activating-fema-camps-across-u-s/

Running Marathons May Cause Permanent Heart Damage, Study Says

Posted: 07 Dec 2011 09:19 AM PST

From: FOXNews.com

Scientists say that running marathons may cause permanent heart damage, the Daily Mail reported.

A recent study found that high-endurance activities can result in scarring of the right ventricle and in turn increase the risk of heart complications.

The study examined 40 elite athletes with no history of heart problems who were planning to compete in an upcoming endurance event, like a marathon.

Test results showed that immediately after racing, the athletes' hearts had changed shape and grown in volume, while the right ventricle function decreased.

"Our study identifies the right ventricle as being most susceptible to exercise-induced injury and suggests that the right ventricle should be a focus of attention as we try to determine the clinical significance of these results," said lead researcher Dr. Andre La Gerche, from the University of Melbourne, Australia.

"Affected athletes may be at risk of reduced performance – a cardiac ‘over-training’ syndrome – or it may cause arrhythmia (erratic heart beats)," he added.

To read more, visit:  http://www.foxnews.com/health/2011/12/07/running-marathons-may-cause-permanent-heart-damage-study-says/

NH Tea Party Leader Backs Bachmann

Posted: 07 Dec 2011 09:16 AM PST

By Marc Fortier, Exeter Patch

Local Tea Party leader Jerry DeLemus announced in an email last night that he is endorsing Michele Bachmann for the Republican presidential nomination.

DeLemus, chairman of the Granite State Patriots Liberty PAC and founder of the Rochester 912 Project, said as recently as last week that he was “really taking a look at Ron Paul,” but he wound up going with Bachmann, who had impressed him early on in the process.

“I kept coming back to Michele, and as the head of the Tea Party Caucus in Congress she most closely reflects my concerns and views regarding what needs to happen in America to save America,” DeLemus said in the email. “It is time we the voters choose the candidate we really want to win and stop falling prey to the scare tactic of voting who can win.”

Bachmann was second in the polls in New Hampshire following her strong performance in the June debate in Manchester.

She campaigned nearby in Raymond, where some Exeter residents who attended came away impressed by her.

But she spent little time in the Granite State in the months that followed, and saw her support here dwindle. Things only got worse when her New Hampshire campaign staff quit on her in the fall.

To read more, visit:  http://exeter.patch.com/articles/nh-tea-party-leader-backs-bachmann

Carroll Tea Party plans pre-caucus event aimed at endorsement

Posted: 07 Dec 2011 09:13 AM PST

By DOUGLAS BURNS, Daily Times Herald

The Carroll Iowa Tea Party is planning its own "pre-caucus" caucus with an eye toward making an endorsement of a presidential candidate before Iowa's first-in-the-nation GOP White House contest early next month.

"We are anticipating around 60 people," said Bill Fish, a spokesperson for the Carroll Iowa Tea Party movement. "I hope that comes true."

The event will start at 7 p.m. Thursday at the Santa Maria Winery in Carroll. Each campaign will have seven minutes to present its case in what Fish described as a roundtable format. Those in attendance will then take an initial vote and eliminate the two candidates with the lowest totals. Subsequent votes will be taken until one candidate emerges with the Carroll Tea Party's endorsement.

Fish said the Carroll endorsement will be forwarded to a statewide coalition of Tea Party organizations for a collective Hawkeye State endorsement.

"It should be very informative, educational and a good time to contribute to a positive atmosphere," Fish said.

Fish said the evening's activities should not take more than two hours.

He said the event is open to residents who would like to have "civil discourse."

To read more, visit:  http://www.carrollspaper.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=13106
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