Rick Santelli's Chicago Tea Party |
- Senate Considers Taxes From Inherited IRAs to Pay for Roads
- What’s More Important to Baby Boomers Than Money
- Political online ads go viral, but are they viable?
- The 411 on carpal tunnel syndrome
- Santorum Victories Disprove Tea Party Myth
- Tea Party group goes all in to save Scott Walker
- Are Church Confessions Safe? Court To Hear Arguments
| Senate Considers Taxes From Inherited IRAs to Pay for Roads Posted: 08 Feb 2012 03:35 PM PST By Carol Wolf, Bloomberg.com U.S. highway and bridge projects would be financed by tax changes including closing loopholes, forcing early distribution of inherited IRAs and reallocating other tariffs under legislation before a Senate panel today. The panel will also consider an amendment to let the federal vehicle tax rise with inflation. A recommendation to require distribution of inherited individual retirement accounts within five years would bring in about $4.64 billion during 10 years, according to a statement issued by the Senate Finance panel led by Max Baucus, a Montana Democrat. The subcommittee needed to find about $30 billion spanning two years to fund the Senate version of legislation to pay for road and bridge repairs, the Congressional Budget Office said in a report yesterday. The House version, passed by the transportation panel last week, identified funding including U.S. fuel taxes intended for mass transit projects. A provision to transfer certain tariff revenue to the Highway Trust Fund, which pays for transportation projects, would raise $2.61 billion, according to the statement. Other Senate Finance recommendations include closing tax loopholes related to alternative-energy credits and for penalties levied against some low-mileage vehicles and delinquent tax debt. Inherited IRAs The updated bill also would impose limits on inherited IRAs. Under current law, the holder of an IRA must start taking taxable distributions at age 70 1/2. Savings can build tax-free when the account holder dies and leaves the account to someone younger who can spread out distributions over a lifetime. The change would raise $4.6 billion in the next decade and require people who inherit IRAs to pay taxes on that income within five years of the original holder's death, with some exceptions. To read more, visit: http://www.bloomberg.com/news/2012-02-07/senate-considers-taxes-from-inherited-iras-to-pay-for-roads-1-.html |
| What’s More Important to Baby Boomers Than Money Posted: 08 Feb 2012 03:31 PM PST By: Cindy Perman, CNBC.com This just in — money isn't always No. 1! After enduring the financial impact of the recession, a whopping number of Baby Boomers say money isn't the most important thing they hope to leave to their kids. They don't just want to leave an inheritance; they want to leave a legacy. "It is more important to us to leave the legacy of what we value than to leave a large amount of money for our children," said Kathleen Moynihan, a 53-year-old mother of three from Concord, Mass. "Your values become the new valuables," said Derrick Kinney, a financial adviser and owner of Derrick Kinney & Associates in Dallas. "Giving your kids the gift of knowing what is important to you gives them a reason to help protect and manage lasting wealth," he said. Indeed, 75 percent of Boomers said passing down family values and life lessons was more important than the actual monetary amount they're leaving in the inheritance, according to a recent survey by Allianz Insurance. To read more, visit: http://www.cnbc.com/id/46313097 |
| Political online ads go viral, but are they viable? Posted: 08 Feb 2012 03:27 PM PST By Patrick Hruby, The Washington Times The most outlandish political advertisement in recent memory goes something like this: The U.S.S. Constitution floats down a river, heading toward a waterfall's edge. President Obama grips the ship's steering wheel as passengers toast bank bailouts and "free health care for life." Below decks, cute-but-despondent child slaves pull oars. A man in a Guy Fawkes mask cradles a pot of cash. A woman in a bathtub mentions a "stimulated" solar company. Also, the disembodied head of former Rep. Alan Grayson, Florida Democrat, appears superimposed on the body of a parrot. Officially a pitch for Mark Oxner, a Republican congressional candidate in Florida's new 27th District, the online spot ostensibly serves as a 39-second visual metaphor for the shortcomings of the Obama administration and the dangers of the national debt. Mixing computer graphics and live actors, it resembles either a big-budget video game or a shoestring Hollywood film — starring a chimerical parrot. Amusing, offensive and just plain odd, the ad is less "Morning in America" than Monty Python, the sort of thing a viewer feels compelled to watch more than once, and then pass along to friends. Which, by the way, is the intended effect. "If it doesn't go viral, nobody is going to see the message," said Ladd Ehlinger, the 42-year-old Alabama-based filmmaker who produced the spot. "The wedding videographer who occasionally does a campaign ad making a candidate look like Knute Rockne doesn't quite work online," he said. "I can't tell you how many ads made with the television mentality are just sitting out there on the Internet with 60 views. To read more, visit: http://www.washingtontimes.com/news/2012/feb/8/political-online-ads-go-viral-are-they-viable/ |
| The 411 on carpal tunnel syndrome Posted: 08 Feb 2012 03:24 PM PST From: FOXNews.com Carpal tunnel syndrome is often caused by repetitive strain, which can cause the ligaments in the wrist to become inflamed and pinch a nerve. Symptoms include tingling, numbness and pain in the arm and hand, and they can be similar to tendinitis, which is less serious. There are several occupations that are at higher risk of developing carpal tunnel, including: • Chefs Before you decide to change your job, here are some steps you can take to prevent the condition. • Relax your grip. Make an effort to reduce the force you use when doing things like typing. Sometimes carpal tunnel syndrome can go away on its own, but many people require treatment – so if you experience symptoms, see a doctor. If wrist splints or corticosteroid hormone injections fail to work, surgery may relieve the pressure off the pinched nerve, providing relief. To read more, visit: http://www.foxnews.com/health/2012/02/08/411-on-carpal-tunnel-syndrome/ |
| Santorum Victories Disprove Tea Party Myth Posted: 08 Feb 2012 03:21 PM PST By Rich Thomas, YahooNews.com Rick Santorum’s sweeping victories in Colorado, Minnesota and Missouri do more than buoy the former Pennsylvania senator’s chances of winning the Republican presidential nomination or hand front-runner Mitt Romney a severe setback. Santorum’s triple win also disproves the popular myth that the tea party is somehow a new phenomenon in conservative politics rather than the same old gang of extremists made up mostly of the Christian Right. That the tea party was somehow separate from the Christian Right was always rather obvious, even though the mainstream media embraced the myth, making distinctions that never existed in practice. Many prominent tea party figures such as former GOP presidential candidate Michele Bachmann and former Senate candidate Christine O’Donnell, sprang from an enjoy large support from conservative evangelical circles, and opinion studies have shown the tea party looks a lot like the old conservative movement. Polling shows little enthusiasm for supposed Romney and that many in Florida voted for him only because they thought he was the candidate with the best chance to beat Barrack Obama in November. Romney failed to carry a majority in Florida, won Nevada by a smaller margin than in 2008 and movement conservatives continue to lurch around looking for an alternative to Romney, the Republican Party’s anointed. Yet who did the supposed new model, anti-socialist, economic libertarians of the tea party choose in large numbers in Colorado, Minnesota and Missouri? Not the ardent libertarian Ron Paul or more secular Newt Gingrich, but Catholic conservative Santorum, who is more renowned for his anti-gay and anti-abortion stances than his economic views. Unlike Iowa, Tuesday’s results cannot be dismissed as a mere aberration in a Christian Right-friendly state. Colorado, Minnesota and Missouri represent a very broad geographical cross-section of America, as well as a diverse sampling of the Republican rank and file. If the tea party was ever distinct from the old conservative movement, it certainly is not today. To read more, visit: http://news.yahoo.com/santorum-victories-disprove-tea-party-myth-192300268.html |
| Tea Party group goes all in to save Scott Walker Posted: 08 Feb 2012 03:18 PM PST By Greg Sargent, WashingtonPost.com In case you were wondering how high the stakes are for the national right in the battle over Scott Walker's recall, consider this: The Americans for Prosperity Foundation, a branch of the conservative group founded by the Koch brothers, is sinking at least $700,000 into ads in Wisconsin defending Walker's record. A source who tracks ad buys first noticed the expenditure, which has now been confirmed by a spokesman for the group. The spot is a remarkable minute-long defense of Walker's budgetary policies, including the controversial rollback of public employee bargaining rights, and interestingly, the ad mounts this defense without mentioning Walker's name once. What's more, it also claims that Walker's policies have been implemented without any "mass layoffs," sounding a pro-worker message, despite the fact that national conservatives see Walker as their number one hero when it comes to breaking the back of the national labor movement. Americans for Prosperity Foundation spokesman Levi Russell confirms to me that the $700,000 ad buy will fund this ad in various Wisconsin markets, and another ad to be unveiled next week. The current spot, which has run previously, doesn't mention Walker because the ad is being funded by the group's 501c3. AFP invested heavily in last year's battle over the recall of GOP state senators who supported Walker's rollback of bargaining rights. AFP took some heat after it emerged that the group had sent out absentee ballots, in the districts of at least two state senators, that ended up misleading voters about the date of voting. To read more, visit: http://www.washingtonpost.com/blogs/plum-line/post/national-tea-party-goes-all-in-to-save-scott-walker/2012/02/08/gIQANGW9yQ_blog.html |
| Are Church Confessions Safe? Court To Hear Arguments Posted: 08 Feb 2012 11:34 AM PST
DETROIT – In a case that could set national precedent, the three-judge Michigan Court of Appeals panel plans to hear arguments Thursday about whether a pastor's testimony related to a possible confession in a child sexual assault case may be used in court. According to court documents, Samuel Bragg confessed in 2009 to the Rev. John Vaprezsan at Metro Baptist Church in Belleville about the 2007 assault of a 9-year-old girl when he was 15. Vaprezsan testified last March in the case against Bragg, who is charged with first-degree criminal sexual conduct. Bragg was 17 years old in 2009 when he went with his mother to speak with Vaprezsan. They deny that he made a confession. After earlier hearing an allegation from the girl's mother and then speaking with Bragg, Vaprezsan gave a statement to police. Vaprezsan's testimony came over the objections of Bragg's attorney at a preliminary examination in 34th District Court in Romulus. The girl also testified. To read more, visit: http://detroit.cbslocal.com/2012/02/08/court-to-hear-arguments-about-pastors-testimony/ |
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