As the Economy Sinks, So Do Odds of a Tax Cut
Thursday October 9, 6:15 pm ET
By Rick Newman | US News & World Report

    One of the riskiest financial moves you make this year could be listening to the presidential candidates--and banking on a tax cut after the November elections.

    John McCain and Barack Obama both promise that widespread tax cuts will be one major way they'll revive the economy and help lift consumers' sagging spirits. They differ, of course, on who should enjoy the largesse. McCain wants to cut estate and corporate income taxes, and extend broad-based tax cuts that were enacted earlier this decade. Obama agrees about extending some of those Bush era tax cuts, while offering lots of other relief to people earning less than $250,000 and raising taxes on the wealthy.

    But here's what you're not likely to hear either candidate say before Election Day on November 4: There's no money left for tax cuts.

Linky

Fear & loathing.

True, there's no money left.

But then the US hasn't had any money for anything for years...but we keep right on spending billions of that "non-money" on a misbegotten war don't we.

Where is Roosevelt when you need him? "Nothing to fear but fear itself."

Sigh.

HA!  After the last eight years, I eat fear and loathing for breakfast!  Goes down great with a nice hot cuppa coffee.

though I don't picture myself ruining a perfectly good cup of coffee by trying to gag fear and loathing down...I prefer toast and jam, m'self.

What doesn't kill us makes us stronger.  Or in my case, just a wee bit crazier and stronger. ;-)

For being one of the voices of reason left on this blog.

I remember a lot of personal stories from this blog. You lost your spouse a while back. Correct?

I've always admired you, from the sidelines, amongst others. I admire that you stay on this blog and post positive threads, no matter what. For that I thank you.

I love you post about Palin being a few sandwiches short of a picnic. I think her elevator to the 100th floor has stopped and has been stuck on floor 25.

I had to take 2 aspirin after watching her Couric Interview. And her stirring up her supporters........I won't go there.

but I admit, I've been just as bad as others sometimes. I try not to be but it does happen.

Yes, I did loose hubby a little over three years ago...still hurts.

What's been happening here for months now also hurts...guess I'm a glutton for punishment in regards to CCN.

You are just a kind heart. And that is absolutely noting to be ashamed of. You made friends, and you hope that wounds will heal. And they may.

...apparently doesn't know much about Bob Dole

with this expression. Is he still alive ?

since he trashed Wes on Larry King

..basically commenting on Dole's ability to 'rise from the ashes' with the emphasis on the action of rise

thank you for the info, probably there are a lot of Dole jokes out there.

Bob Dole can't even find a coalition of the willing in his pants

some kind of Dole joke. Let me see,...

There are three midgets. The first midget claims he has the smallest hands in the world, the second midget the smallest feets and the third midget the smallest penis in the world. To proof that they travel to London to the guiness book of records.

1. midget comes out: Hurray, I have the smallest hands in the world, the crowd applaud in enthusiasm

2.midget comes out: Hurray, I have the smallest feets in the world, the crowd also applaud in enthusiasm

3. midget comes out and is very sad, the crowd is worried: what has happened ?
3.midget: Who the hell is Bob Dole ?

^

it looks like his wife may be about to lose her Senate seat:

http://www.salon.com/news/feature/2008/10/13/north_carolina/

Couldn't happen to a more deserving person. :)

When a Clinton was President. It's a shame America didn't use their heads a bit more this time around (instead of being brained-washed by the media & believing the false racecard accusations).

....I look forward to casting my vote for her in 2016. Eight Years of Obama and Eight Years of Clinton should *start* to make up for the last eight years of Republican misrule.

November 2008.

Clinton and not Clark? Neither are on the ballot. Do you prefer her over Clark? Oh heck, write them both in Wes Clinton.

I do not want BO or McCain to be President. Both don't have what it takes to be President in these tough times. The learning curve has to be short. We don't have time. We need help now.

Obama is not prepared to be President. Hillary clearly had a grasp of the issues so much more than Obama. I will not vote for someone I feel is not even close to being ready to be President.

If not Hillary, it will be Ralph Nader that gets my vote.

I've gotta wonder.  Really.  Honest ta gawd.  I hate to rehash this, but comments like, "I'll be happy to cast my vote for Hillary in 2016" just make no sense at all to me in light of what we've been through for the last eight years.

Why not the other way around?  What amazing qualifications does Obama bring, now, right now, at this time, during the many setbacks - what qualifications, experience - what does this guy bring that Hillary did not?

Oratory?  Ideology?  What?  

It's completely mind boggling.  You keep wondering why we who cannot get on the O bandwagon can't get on the bandwagon.  And statements like "oh Hillary will be great (ready? prepared? we just need to win now?) in eight years" just don't make any sense whatsoever.

We had our chances.  We tossed them aside for the media package. As long as we have ridiculous coverage of silly season 24/7 on an endless loop, we're doomed to the lowest common denominator - the media sensation, the darling, the cool kids.  

Wow.  Just - wow. 

Anyway.  Better find something else to look forward to.

http://news.yahoo.com/s/ap/20081014/ap_on_el_pr/clinton_s_future 

as someone who has more than a passing interest in the items removed or scrubbed from the internets.... what was the article you just posted?

I got a page that said it no longer exists....

These are the kinds of things I like to... keep track of. :)

Let me know.

EDIT/UPDATE: I did a search and found this, which is probably what you were linking to?

http://news.yahoo.com/s/ap/20081014/ap_on_el_pr/clinton_s_future

Maybe it got a rewrite and a new link?? But wait-- my link is the exact same as yours... and mine works and yours doesn't!!! Too weird!

I went though the primaries saying if Sen. Clinton won I'd vote for her in the general election.

In my viewpoint, either Sen. Clinton or Sen. Obama would and will make a good president.

If Clinton had won the primaries, I would have said I look forward to voting for Sen. Obama in 2016.

We had a surplus of very good candidates during the primaries. The worst of them better than the best of the GOP's candidates. Sen. Obama wasn't my first, second, or third choice, but he wasn't the worst of the lot either.

Senator Clinton will be nearly 70 years old in 2016. As if.

n/t

At least, I hope you didn't.

Ruth asked, why write in Hillary but not Wes Clark? That's the first question that came to my mind as well. And you answered, because Hillary would do a better job that Obama or McCain. Which is tantamount to saying WKC would not, or that somehow he is a less serious alternative (as if that were possible).

Surely you didn't meant that... did you?

I asked Wes to order me to vote for Obama. I got the look and the OK???? and everything.

We learn. We change. That's progress. If we don't do that, well, we're GWB.

...can't even get his privates to obey orders and stand at attention

We learn. We change. That's progress. If we don't do that, well, we're GWB.

Wes' first choice was HIllary. He KNOWS she was the candidate most prepared to be President and get us out of this hell hole.

Obama's team, media's talking heads, and Democratic leadership (that didn't have a backbone) squashed the votes in MI & FL and did a propaganda war against Hillary and for BO. Democratic leadership was afraid to lose the youth vote for future elections. KO & CM sure had a part of putting on the pressure to "select" their candidate (by squashing the MI & FL vote). If I heard one more time,"Hillary will win at all costs...she'll throw everything at Obama including the kitchen sink" I was going to go ballistic.

It was the Obama team/surrogates that played so dirty using the false racecard accusations. They used everything to slime Hillary. Yet, BO washes his hands clean of it like Pontius Pilate. Now, he and his team proclaim that McCain/Palin are playing the slime game. What goes around comes around.

Or just answer the question.

Hillary is no longer a candidate. If you are going to write in the name of someone who is not a candidate, why Hillary and not Wes?

The only reason the question matters is that there's a possibility, albeit a small one, that Hillary and Wes might both be candidates in 2012.

thank you for sharing, probably he had an epiphany from "The One"

 STOCKHOLM, Sweden - Princeton economist and New York Times columnist Paul Krugman won the Nobel economics prize on Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.

Krugman was the lone of winner of the 10 million kronor ($1.4 million) award and the latest in a string of American researchers to be honored.

The Royal Swedish Academy of Sciences praised Krugman for formulating a new theory to answer questions about free trade.

"What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions," the academy said in its citation.

"He has thereby integrated the previously disparate research fields of international trade and economic geography," it said.

Link.

I'm going to send him a congratulatory note.

Proud to be an American.

used to have a better command of the English language.

on this... ;)

"Ours is a world of nuclear giants and ethical infants."

Gen. Omar Bradley