Friday, June 29, 2012

Romney response to Supreme Court on health care

Republican presidential candidate Mitt Romney's response to Thursday's Supreme Court decision to uphold President Barack Obama health care law, as transcribed by Roll Call:

___

As you might imagine, I disagree with the Supreme Court's decision and I agree with the dissent.

What the court did not do on its last day in session, I will do on my first day if elected president of the United States. And that is I will act to repeal Obamacare.

Let's make clear that we understand what the court did and did not do.

What the court did today was say that Obamacare does not violate the Constitution. What they did not do was say that Obamacare is good law or that it's good policy.

Obamacare was bad policy yesterday. It's bad policy today. Obamacare was bad law yesterday. It's bad law today.

Let me tell you why I say that.

Obamacare raises taxes on the American people by approximately $500 billion. Obamacare cuts Medicare - cuts Medicare by approximately $500 billion. And even with those cuts and tax increases, Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming generations.

Obamacare also means that for up to 20 million Americans, they will lose the insurance they currently have, the insurance that they like and they want to keep.

Obamacare is a job-killer. Businesses across the country have been asked what the impact is of Obamacare. Three-quarters of those surveyed by the Chamber of Commerce said Obamacare makes it less likely for them to hire people.

And perhaps most troubling of all, Obamacare puts the federal government between you and your doctor.

For all those reasons, it's important for us to repeal and replace Obamacare.

What are some of the things that we'll keep in place and must be in place in a reform, a real reform of our health care system?

One, we have to make sure that people who want to keep their current insurance will be able to do so. Having 20 million people - up to that number of people lose the insurance they want is simply unacceptable.

Number two, got to make sure that those people who have pre-existing conditions know that they will be able to be insured and they will not lose their insurance.

We also have to assure that we do our very best to help each state in their effort to assure that every American has access to affordable health care.

And something that Obamacare does not do that must be done in real reform is helping lower the cost of health care and health insurance. It's becoming prohibitively expensive.

And so this is now a time for the American people to make a choice. You can choose whether you want to have a larger and larger government, more and more intrusive in your life, separating you and your doctor, whether you're comfortable with more deficits, higher debt that we pass on to the coming generations, whether you're willing to have the government put in place a plan that potentially causes you to lose the insurance that you like, or whether instead you want to return to a time when the American people will have their own choice in health care, where consumers will be able to make their choices as to what kind of health insurance they want.

This is a time of choice for the American people. Our mission is clear: If we want to get rid of Obamacare, we're going to have to replace President Obama. My mission is to make sure we do exactly that: that we return to the American people the privilege they've always had to live their lives in the way they feel most appropriate, where we don't pass on to coming generations massive deficits and debt, where we don't have a setting where jobs are lost.

If we want good jobs and a bright economic future for ourselves and for our kids, we must replace Obamacare.

That is my mission, that is our work, and I'm asking the people of America to join me. If you don't want the course that President Obama has put us on, if you want, instead, a course that the founders envisioned, then join me in this effort. Help us. Help us defeat Obamacare. Help us defeat the liberal agenda that makes government too big, too intrusive, and that's killing jobs across this great country.

Thank you so much.

Source: http://news.yahoo.com/romney-response-supreme-court-health-care-163747678.html

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Online Retail Stores ? Business Resource Blog

One of the most popular Home Based Businesses for 2007 was Online Retail Stores. Many people want to own their own online store without the overhead of a typical brick and mortar store.

You can see searches being done daily on the major search engines for phrases like online retail store, retail store, web based store, online store and online retail business.

With the explosive growth of the Internet, it?s no wonder online businesses are very popular. Why? Well when you think about the cost of a typical brick and mortar business, there is no comparison. You do not have the normal expenses of a regular business. When you start a business you have to think of rent, utilities, insurance, salaries, inventory cost, advertising and all of the other overhead cost that goes along with getting a business functional. Once you business is up and running it takes time to get the customers up to a level where you are profitable.

In many cases banks really like to see profit and loss statements for the last (5) five years. They figure if you are around for (5) five years then you have a good chance of surviving.

When I took a look at what types of online businesses are available I was quite impressed. They are plentiful and you have none of the above costs. You have access to millions of people utilizing the Internet. It is truly mind-boggling when you think of the overall concept. People are having great success daily simply creating businesses such Online Jewelry Stores and Online Dollar Stores.

When researching these businesses you will find that you can get your online web site up and running in minutes. In fact I have listed below a few of the things I found included in the companies I looked at:

* Web Site included
* Instant store setup
* Hundreds of name brand products
* You receive commissions on every sale
* Training ? utilizing free startup guide
* Marketing consultation

There are many ways to make money online. The amazing part is it is only going to get better and better. More companies than ever are turning to the millions of people accessing the Internet offering discounted prices for shopping online. Think about it the companies have access to millions of new customers with minimal costs. They are able to offer discounted prices on products and shipping.

What I think it great is that anyone can own his or her own online business. You do not have to have prior experience nor do you have to have any formal education. Anyone can create wealth with utilizing the Internet. Everyone gets a chance to improve his or her lifestyle. Amazing!

When looking for any online opportunity you need to do your research. With most anything in life you have to be careful so that you don?t get involved with companies that will take your time and money. I recommend either using a website like mine, other sites you are familiar with that has done the research, or be prepared to do it yourself. It takes time, but you need to do one or the other. Please feel free to read both this article or one of my many others by visiting my link in the resource box below.

Many people are afraid to try. The costs for the online opportunities I have found are minimal. You can spend more money going out to dinner with your family. Why not give yourself a shot. Go for it!

Find More Retail Articles

Source: http://www.troostmarket.org/2012/06/online-retail-stores/

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Tuesday, June 26, 2012

Ultra-Orthodox Jews protest Israel military draft

Abir Sultan / EPA

Thousands of ultra-Orthodox Jews participate in a prayer rally and protest against the Israeli government's intention to recruit Yeshiva students to the army and civil service, in the neighborhood of Mea Shearim in Jerusalem on June 25, 2012.

Thousands of Ultra-Orthodox Jews joined an early-morning prayer rally in Jerusalem on Monday to protest against government moves which could bring to an end the exemption of yeshiva students?from mandatory military service. ?

The Israeli newspaper Haaretz reports that?Pini Rosenberg, one of the speakers at the rally, said: "Instead of preparing the prisons for immigrants from Sudan, we suggest to those haters of religion to prepare 50 thousand places of detention for yeshiva students who will refuse to be drafted."

Menahem Kahana / AFP - Getty Images

Ultra-Orthodox Jews pray early on Monday morning in the Sabbath Square at the heart of the Jewish neighbourhood in Jerusalem during a protest against the replacement to the Tal Law, that exempts ultra-Orthodox Yeshiva students from mandatory military service.

Abir Sultan / EPA

An Ultra-Orthodox man wearing burlap as a sign of mourning takes part in a prayer rally in Mea Shearim.

Abir Sultan / EPA

Boys watch from the sidelines of the rally.

?

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Steve Brown: The Grown-Up?s Platform (Offthekuff)

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Google tries to block U.S. shipments of Apple?s iPhone and iPad over 3G patents [updated]

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Taxing Spending: The Case For a National Consumption Tax ? Know

If Rodney Dangerfield were a tax form, he?d be a 1040: As the federal income tax nears its 100th birthday, next year, it?s getting no respect. Presidential candidates have one-upped one another with plans to replace it ? from?Herman Cain?s 9-9-9?to Rick Perry?s?file-on-a-postcard.

Although most of these tax plans have sunk as quickly as they?ve arisen, an income tax alone might not be the most effective way to finance the federal government, say several tax and finance experts at the University of Texas at Austin. None want to replace it entirely, but they suggest that the U.S. consider a parallel tax system: a national consumption tax.

Penalizing Consumption Over Income

Consumption taxes share one principle: Instead of taxing what Americans earn, tax what they spend. The most familiar variety is a sales tax, which sellers collect from consumers and pass on to government. But there are many variations, such as excise taxes, which single out specific goods like gasoline or cigarettes.

Why levy a tax on spending? The underlying idea is that government should not penalize work more than other behaviors. ?The theory is that if income tax rates are high enough, they discourage work and savings,? says?Robert Peroni, professor at the School of Law. ?A sales tax is discouraging consumption behavior, and better to discourage consumption than savings or work.?

A more pressing and practical consideration is the national debt. It?s currently $15.7 trillion. Even with budget cuts approved last year by Congress, it will swell by another $3.5 trillion over 10 years, projects the Congressional Budget Office.

?If you look ahead 10 years from now,? says Peroni. ?We?ll probably have some mixture of income tax with some kind of federal consumption tax, to avoid becoming Greece.?

He notes that the U.S. is one of the few industrialized nations that doesn?t already have a national consumption tax. Among the 27 countries in the European Union, 33 percent of revenue comes from consumption taxes, compared to 31 percent from income taxes. In the United Kingdom, a 20 percent consumption tax helps hold the income tax down to a top bracket of 50 percent.

Understanding the VAT
EU nations use a type of consumption tax called a value-added tax (VAT), and a few American public figures, like former House Speaker Nancy Pelosi and former Federal Reserve Chairman Paul Volcker, have suggested importing the model.

A VAT works much like a sales tax. But instead of being collected once ? when a consumer buys a finished product ? it?s collected in bits and pieces at every step along the business supply chain. Essentially, each company pays tax on the difference between the materials it buys and the product it sells ? the value it adds to the product.

The virtue of a VAT, from a tax collector?s perspective, is that it?s harder to evade than an income tax or a traditional sales tax. That?s because businesses have a stake in keeping one another honest.

Say a retail store buys a computer from a manufacturer for $600 and sells it for $1,000. If the VAT rate is 10 percent, the retailer owes the government $100 (10 percent of the sale price). But the retailer gets a credit invoice, documenting the $60 in tax the manufacturer has already paid. The retailer is only on the hook for $40.

?It creates a self-enforcement mechanism,? says?Lillian Mills, chair of the?Department of Accounting?at the McCombs School of Business. ?If I?m a retailer, I want the credit from the supplier, so I buy from someone who?s remitting the tax.?

For people other than tax collectors, a VAT might have some downsides, warns Peroni. For one thing, it would compete with existing sales taxes. ?We have state sales taxes, which most foreign countries don?t,? he says. ?State and local governments fear there would be pressure to lower or get rid of their sales taxes.?

More obvious, he says, would be the shock to consumer prices. ?People would see it right away. Suddenly everything in a restaurant would cost 10 percent more.?

To fully replace the federal income tax, he adds, might require a VAT as high as 35 percent. A more palatable course might be to trade off a modest VAT for lower income tax rates and eliminate many high-dollar deductions.

If you believe that taxes should be tilted toward those who can most afford to pay them, Peroni suggests using a VAT to replace Social Security and Medicare taxes. Such payroll taxes take their biggest bites out of low-income workers, who pay higher percentages of their incomes, whereas a VAT would spread the pain over all income levels.

Creeping Up
Not every finance expert is bullish on a national consumption tax. It might sound appealing to accept a small VAT in exchange for lower income tax rates, says?Jim Nolen, a distinguished senior lecturer in finance who recently retired from McCombs. But small taxes tend not to stay small. ?Once you give them the ability to tax something,? he says, ?next year it goes up 1 percent, then the next year another.?

That?s been the experience in Europe. Germany, which started with a VAT of 10 percent, now charges 19 percent. In the United Kingdom, it?s risen from 8 percent to 20 percent.

The other danger, says Nolen, is that citizens pay less attention to taxes when they pay them a little bit at a time. ?When it?s one tax, people complain a lot, but when you take it from multiple sources people don?t notice it as much. I?m afraid we?re going to leave the income tax in place and put a value-added tax on top of it.?

Mills acknowledges the danger that a new tax could fuel higher government spending. ?The political concern, if we create a value-added tax, is that it?s very difficult to maintain fiscal discipline when you have a new source of revenues.?

Nonetheless, she says, Uncle Sam might have no better choice. ?I look at Social Security and Medicare. Those two programs put a lot of pressure on our tax system. Without bigger increases in the retirement age, we will need new sources of tax revenue. It?s likely that at some point we will have a value-added tax or an excise tax.?

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Saturday, June 23, 2012

Top Tips For Anyone Thinking About Bankruptcy


Posted on Jun 23, 2012 in Personal Finance | 0 comments

Although it may be difficult to get financing after filing for bankruptcy, it will not be impossible by any means. Although there may be some truth to this, it should still be better than your credit situation was before you filed for bankruptcy. Going forward, make sure to pay all bills on time for a positive credit history.

Act when the time is right. Timing is everything, especially in personal bankruptcy filings. Sometimes, it is good to file immediately, but sometimes it is smarter to wait until you have passed through the worst of things. Talk with a bankruptcy attorney to find out the ideal timing for filing based on your particular situation.

Remember that your Chapter 7 filing may affect other people in your life as well. When filing Chapter 7, you are not legally responsible for the debts in your name. However, the creditors could come after your co-signer and demand full payment for the debt.

Remember to have fun with your life when you?re done with the filing process initially. It can be several months between the initial filing and the final discharge of debts. It is essential to cope with this stress well, to prevent becoming depressed. You must realize that things will get better over time.

Filing for bankruptcy will probably not help you in the event of exorbitant taxes. Some people pay off tax debt using a credit card, then declare bankruptcy soon afterward. This is done on the mistaken belief that since the amount owing is now owed to a credit card, they will get away with not paying taxes. Remember that even if you use a credit card to pay for your taxes while you file for bankruptcy, you are still going to owe the amount due.

Make sure that you are as honest as you can be when you file for bankruptcy. If you fail to disclose pertinent information in your filing, your case might be dismissed right away. Disclose any income or assets that are crucial to the proceedings. Doing so helps you demonstrate good faith and facilitates an appropriate outcome.

Consider Chapter 13 bankruptcy for your filing. In most states, Chapter 13 bankruptcy law stipulates that you must have under $250,000 of unsecured debt and a steady income. That kind of bankruptcy allows you to hold on to your personal things and real estate while repaying your debts with a plan to consolidate your debt. This plan normally lasts from three to five years, in which you?ll be discharged from unsecured debt. Consider that if you even miss one payment, your case will not be considered by the court.

Two to three months following your bankruptcy hearing, get a copy of your credit score from the major reporting agencies. Make sure that the report accurately represents your discharged debts and closed credit accounts. Contact the credit reporting agencies if there is a discrepancy in order to rebuild your credit.

Be certain you understand all you can about bankruptcy by researching reputable sites that offer good information. Many sites, including the U.S. Department of Justice and American Bankruptcy Institute are two such places to look. The more information you have, the more confident you can be about any decision you make and you will know that you are doing the best thing possible for your situation.

Know the rules of personal bankruptcy prior to petitioning. There are many laws which govern bankruptcy; therefore, to protect your bankruptcy case, know the rules. Not only could your case be dismissed, but it may also affect your ability to refile. Thoroughly research bankruptcy before you make the decision to file. This will make things a lot more simple in the long term.

Proper planning is the best place to start. It?s best to take as much time as possible. It is important that you are moving in the right direction away from bankruptcy filing. At this point, you can begin making plans and preparing yourself for your future.



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Types of Daemons

Fire:
Full Daemons:

-Avatar (A bipedal creature with high intelligence, usually prone to mischief and trickery, rather nasty when angered and can conjure all forms of fire)

-Hell Fiend (A Quadrupedal races of creatures prone to destroying everything they see and attacking anything not associated with fire)

-Ruler of Flame (The master of the flame realm and the destroyer of all others)

Half Daemons:

-Blaze (He who makes a pact with the Ruler of Flame become a Blaze, half Fire Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Water:
Full Daemons:

-Aveyond (A bipedal creature with high intelligence, cares little for physical violence and can conjure all forms of water)

-Ythlim Walker (A small quadrupedal creature prone to mischief but usually isn't dangerous untill attacked in which case it becomes a water sprite)

-Ruler of Oceans (The master of the aquatic realm and the healer of the weak)

Half Daemons:

-Riverwalker (He who makes a pact with the Ruler of Oceans become a Riverwalker, half Water Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Earth:
Full Daemons:

-Golem (A bipedal creature with high intelligence, Extremely strong and tough, respects those with high physicle strength and can conjure all forms of earth magics)

-Dweller (A race of creatures that move under the earth and can cause earthquakes or even open paths through the making of tunnels, they attack anything they find threatening)

-Ruler of Stone (The master of the Stone realm and the protector of all)

Half Daemons:

-Shardling (He who makes a pact with the Ruler of Stone become a Shardling, half Earth Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Air:
Full Daemons:

-Genie (A flying creature with high intelligence, usually associated with luck and good omens, rather nasty when angered and can conjure all forms of the Wind)

-Specter (A ghostly races of creatures that roam the world after death attacking those with an evil aura around them)

-Ruler of Gusts (The master of the Wind realm and the observer of all events)

Half Daemons:

-Wisp (He who makes a pact with the Ruler of Gusts become a Wisp, half Air Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Light:
Full Daemons:

-Incarnation (A bipedal creature with high intelligence, has white feathered wings, is very calm and respects wisdom and can conjure all forms of light)

-Seer (A flying beast of small size capable of diving at high enough speed to pierce through solid steel)

-Ruler of Blinding Light (The master of the light realm and the guide to prosperity)

Half Daemons:

-Saint (He who makes a pact with the Ruler of Blinding Light become a Saint, half Light Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Shadow:
Full Daemons:

-Apperition (A bipedal creature with high intelligence, kills anything with a small amount of taint in its heart, can shift through time currents and can conjure all forms of shadow)

-Seeker (A ghostly creature created from the shadows to kill anything whos shadow it can cling to)

-Ruler of Shadows (The master of the Shadow realm and the killer of the corrupt)

Half Daemons:

-Shade (He who makes a pact with the Ruler of Shadows become a Shade, half Shadow Daemon, half Human)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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Friday, June 22, 2012

Obama campaign says it expects to be outspent

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Myanmar unrest leaves 'more than 80 dead'

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Thursday, June 21, 2012

Texas woman hit with $1.3 million electric bill

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Basement remodeling for West Deal NJ | Home remodeling ...

These are great reasons and ideas on why you should remodel and finish your basement.

A Room to deal with

Whether you might have teenagers or younger children, creating an additional room the location where the kids can begin to play is invaluable. Since basement is really a below-grade space, it is going to often muffle noise, which means a quieter upstairs in your case if the kids can begin to play and out downstairs. Plus, adults will then use the upstairs to quietly relax whilst the kids play downstairs ? this is ideal for sleepovers and any type of party.

?

Family Room

A remodeled finished basement is another great space where family and friends can relax together. The area is large enough hence the entire family may be inside the same room to experience games, watch movies online and merely enjoy yourself.

?

An extra is basements are below-grade spaces so they are naturally cooler in the summertime months. In the winter months a heater brings warmth to the room without breaking the budget.

?

A Home Theater

Maybe your loved ones wants to watch movies online together or you?ve just always wanted home theater room. Remodeling your basement offers you extra space to get a theater and in the basement, it offers a superior some sound buffer too. So your family ?can engage in movies for the big screen TV in style. For added fun you?ll be able to decorate your loved ones theater like a real cinema and serve popcorn in real popcorn boxes.

Just Imagine Making Your Unfinished Basement? the Favorite Room in Your Home! There?s no faster, easier way to expand your living space than with a finished basement. We will provide you with the flexibility that enables you to finish your basement at an affordable price and a premier level of service. With quality versus quantity as our focus, we believe it is critical to: listen to our clients, use top quality materials and provide superior craftsmanship. Hands on Carpentry LLC always offers friendly and professional customer services and high quality labor in preparing the projects. Our goal is 100 Percent customer satisfaction guarantee!

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Regardless how you determine to finish your basement, make sure it functions well for the way your family live and play. This can make sure you get the maximum enjoyment from the newly renovated space. So let our professionals enable you to develop a basement that you?ll love to show your friends and family, give or expert staff an appointment today!

Basement Remodeling Ideas

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Wednesday, June 20, 2012

Key elements of Egypt's interim constitution

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Tuesday, June 19, 2012

McCain urges US-led air war in Syria

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Monday, June 18, 2012

Arab League chief: peacekeepers needed in Syria

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McConnell at the bridge: Text and video (Powerlineblog)

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London Olympics 2012 Ticket Scandal: IOC Investigating Allegations Of Black Market

LONDON ? The International Olympic Committee has launched an investigation into allegations that Olympic officials and agents have been offering tickets to the London Games on the black market.

The IOC called an emergency meeting of its executive board Saturday after The Sunday Times newspaper in the United Kingdom presented a dossier of evidence on 27 officials controlling the tickets for 54 countries.

The newspaper claimed several thousand tickets to the best events ? including the men's 100-meter track final ? had been put up for sale by national Olympic committees from their official ticket quotas at vastly inflated prices.

IOC rules forbid member national committees from selling tickets abroad, inflating ticket prices or to sell tickets to unauthorized resellers.

But the Sunday Times said its undercover reporters, posing as envoys of a Middle Eastern ticket dealer, found 27 agents willing to sell tickets for up to $9,430 to a variety of high profile events.

The IOC said in a statement on its website Saturday it "takes these allegations very seriously and has immediately taken the first steps to investigate."

"The NOCs are autonomous organizations, but if any of the cases are confirmed the IOC will not hesitate to impose the strongest sanctions."

The IOC also said it would take on board any recommendations from the inquiry to improve the way that tickets are distributed and sold internationally in the future.

These latest claims come after a top Ukrainian Olympic official resigned in May following allegations that he offered to sell thousands of dollars worth of tickets for the London Games on the black market.

Volodymyr Gerashchenko, secretary general of Ukraine's national Olympic committee, was accused in a BBC television report of telling an undercover reporter posing as an unauthorized dealer that he was willing to sell up to 100 tickets for cash.

Also on HuffPost:

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Sunday, June 17, 2012

14 missing off Indonesia after 10-foot wave hits boat

By msnbc.com staff

Rescuers were scouring the ocean off eastern Indonesia on Sunday after 14 people went missing in high waves, police said according to a local newspaper.?

The boat was carrying 27 people to the island of Buru when it capsized after being hit by a 3-meter-high (10-foot-high) wave, local police official Zet Riry told The Jakarta Post. Thirteen had already been rescued, he said, adding that the captain of the boat was among those missing.?

Scenes of panic in Banda Aceh after earthquake hits off Indonesia coast

Sea accidents are common in the Indonesia, the world's largest archipelago nation with more than 17,000 islands, largely because of bad safety standards and frequent overcrowding of boats, according to the newspaper.

More world news from msnbc.com and NBC News:

Follow us on Twitter: @msnbc_world

?

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?He Rebuked Me?: President Obama?s ?Heckler? Speaks Out

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