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More Breaking News: Carney resigns

Faster horses

Well-known member
WASHINGTON (AP) — White House press secretary Jay Carney is leaving his post and his No. 2 is taking over.

President Barack Obama announced Carney's departure in a surprise appearance at in the White House press briefing room Friday. He said principal deputy press secretary Josh Earnest will take over the job.

Obama called Carney one of his closest friends and a great press secretary whom he said will continue to rely on as an outside adviser.

The president said Carney plans to take the summer off before getting a new job.
 

loomixguy

Well-known member
Maybe Jay's semi load of Colon Blow finally arrived. It'll probably take all summer for him to un-constipate himself.....the lying sack of sh!t.
 

Mike

Well-known member
Did ya'll see Buckwheat trying to kiss Carney when they were hugging?

The video has to be out there somewhere...................
 

hypocritexposer

Well-known member
Mike said:
Did ya'll see Buckwheat trying to kiss Carney when they were hugging?

The video has to be out there somewhere...................

link to full breakdown of hug :lol:

http://www.buzzfeed.com/bennyjohnson/breakdown-of-the-most-awkward-hug-in-white-house-history





Raptor hand





 

Traveler

Well-known member
Two new scandals were in the making. He just wasn't up to defending the regime on releasing the Dangerous Five and new coal restriction, both done without congressional approval.
 

Faster horses

Well-known member
Traveler said:
Two new scandals were in the making. He just wasn't up to defending the regime on releasing the Dangerous Five and new coal restriction, both done without congressional approval.


What about this new currency law that was supposed to go into effect on
July 1, 2014?


From Ron Paul Daily….

Obama’s new July 1st 2014 law will shock most Americans

Dear Reader,

We’ve been critical of several Obama Administration policies over the past few years…

But a new law set to go into effect on July 1st, 2014 (less than six months from now), might be the Administration’s worst decision yet.

On this date, Title V of House of Representative Bill #2847, known as “FATCA,” goes into effect.

We believe this could precipitate a huge collapse in the U.S. dollar… and a rapid decrease in our standard of living.

Of course, we’re not the only ones who believe this new U.S. law is going to be a disaster for our country and American citizens.

http://www.dailypaul.com/312861/obama-s-new-july-1st-2014-law-will-shock-most-americans
 
A

Anonymous

Guest
Faster horses said:
Traveler said:
Two new scandals were in the making. He just wasn't up to defending the regime on releasing the Dangerous Five and new coal restriction, both done without congressional approval.


What about this new currency law that was supposed to go into effect on
July 1, 2014?


From Ron Paul Daily….

Obama’s new July 1st 2014 law will shock most Americans

Dear Reader,

We’ve been critical of several Obama Administration policies over the past few years…

But a new law set to go into effect on July 1st, 2014 (less than six months from now), might be the Administration’s worst decision yet.

On this date, Title V of House of Representative Bill #2847, known as “FATCA,” goes into effect.

We believe this could precipitate a huge collapse in the U.S. dollar… and a rapid decrease in our standard of living.

Of course, we’re not the only ones who believe this new U.S. law is going to be a disaster for our country and American citizens.

http://www.dailypaul.com/312861/obama-s-new-july-1st-2014-law-will-shock-most-americans


The Foreign Account Tax Compliance Act (FATCA) is a United States federal law that requires United States persons, including individuals who live outside the United States, to report their financial accounts held outside of the United States, and requires foreign financial institutions to report to the Internal Revenue Service (IRS) about their U.S. clients. Congress enacted FATCA to make it more difficult for U.S. taxpayers to conceal assets held in offshore accounts and shell corporations, and thus to recoup federal tax revenues. The FATCA is a portion of the 2010 Hiring Incentives to Restore Employment (HIRE) Act.

The bill came about after it was revealed that former Senator (and McCain advisor) Phil Gramm was the US V.P. of a foreign bank (UBL) that was doing business in the U.S. but hiding Billions $ of US investors from being taxed... They and several other banks were found to actually be assisting in smuggling and funneling funds into out of country banks to avoid US taxes...

Now these wealthy US investors (that lost a tax loophole hiding spot for their money) and these foreign banks that hid the money (that won't get these funds anymore) are crying that the sky is falling...

What consequences good or bad are yet to be seen- BUT this was a bipartisan backed bill- which passed the House 217-201 and passed the Senate 70-28 and was signed into law by President Barack Obama on March 18, 2010....
 
A

Anonymous

Guest
Steve said:
Now these wealthy US investors (that lost a tax loophole hiding spot for their money)

is it really a tax loophole?

we do not tax wealth.. yet..

We tax the earnings from that wealth- and if the initial investment is hidden and unreported-than the earnings aren't either... To me that makes it a loophole...
 

Faster horses

Well-known member
What about all the loopholes the people in the Obama Administration use?
Oh wait, those aren't loopholes. Those are just unpaid income taxes. Geez.
 

Steve

Well-known member
Oldtimer said:
Steve said:
Now these wealthy US investors (that lost a tax loophole hiding spot for their money)

is it really a tax loophole?

we do not tax wealth.. yet..

We tax the earnings from that wealth- and if the initial investment is hidden and unreported-than the earnings aren't either... To me that makes it a loophole...

that isn't a loophole it is a crime already to not declare the earnings..

but it is not a crime to have money.. nor is it taxable to jut have money.. until now..

a loophole is a opening in the law that allows a person to "legally" not pay taxes..
 

Steve

Well-known member
We tax the earnings from that wealth- and if the initial investment is hidden and unreported-than the earnings aren't either...

but lets look at how this law effects US..

if we keep say a few hundred/thousand in a safe for emergencies.. that money is hidden

I would have already paid any tax on the earnings..

and if I used the cash, and made money.. again that would be taxed..

but just having the cash was not a crime.. it is now...

and if you go to Canada and have some of that hidden money in your pocket.. you might run afoul of the law..
 
A

Anonymous

Guest
Steve said:
Oldtimer said:
Steve said:
is it really a tax loophole?

we do not tax wealth.. yet..

We tax the earnings from that wealth- and if the initial investment is hidden and unreported-than the earnings aren't either... To me that makes it a loophole...

that isn't a loophole it is a crime already to not declare the earnings..

but it is not a crime to have money.. nor is it taxable to jut have money.. until now..

a loophole is a opening in the law that allows a person to "legally" not pay taxes..

Whatever- semantics! Its a way these foreign banks and investment firms have been making Billions $ while assisting U.S. citizens from reporting investments and earnings... And I happen to agree that if you are an investment firm and want to operate within the U.S. you should be liable to all U.S. laws on reporting or if you want to work/operate your business outside of the US but still take all the advantages of your being an American citizen than you should have to pay your fair share of taxes just like those of us who work within/operate our business's within the country...

And it appears it got a fair share of bipartisan support... Before these foreign firms and some wealthy investors started these e-mail and blog scare tactics claiming the worlds economy will implode on July 1 because of this law it was just more of a housekeeping bill to prevent the Phil Gramms/UBL bank type crooks from operating...

And the more these foreign banks and wealthy folks scream- the more assured I am that is might be a darned good law... :wink:
 

iwannabeacowboy

Well-known member
Semantics? Your ignorance does not equal semantics. Your inability to comprehend the difference and the many like you, is a problem for the remainder of the US.

The dumbing down of America didn't get into full swing till recently. So what is your excuse?
 

Faster horses

Well-known member
Oldtimer said:
Steve said:
Oldtimer said:
We tax the earnings from that wealth- and if the initial investment is hidden and unreported-than the earnings aren't either... To me that makes it a loophole...

that isn't a loophole it is a crime already to not declare the earnings..

but it is not a crime to have money.. nor is it taxable to jut have money.. until now..

a loophole is a opening in the law that allows a person to "legally" not pay taxes..

Whatever- semantics! Its a way these foreign banks and investment firms have been making Billions $ while assisting U.S. citizens from reporting investments and earnings... And I happen to agree that if you are an investment firm and want to operate within the U.S. you should be liable to all U.S. laws on reporting or if you want to work/operate your business outside of the US but still take all the advantages of your being an American citizen than you should have to pay your fair share of taxes just like those of us who work within/operate our business's within the country...

And it appears it got a fair share of bipartisan support... Before these foreign firms and some wealthy investors started these e-mail and blog scare tactics claiming the worlds economy will implode on July 1 because of this law it was just more of a housekeeping bill to prevent the Phil Gramms/UBL bank type crooks from operating...

And the more these foreign banks and wealthy folks scream- the more assured I am that is might be a darned good law... :wink:

Gee, that 'scare tactic' came from Ron Paul. The same Ron Paul you like...
or liked in the past...so how could he be wrong about something?
 

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