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Michael Steele's Rap Battle Response | |
Source: ColbertNation
The Colbert Report | Mon - Thurs 11:30pm / 10:30c |
Michael Steele's Rap Battle Response | |
comedycentral.com | |
The Tax Policy Center, a nonpartisan research group, estimated that in 2011, when the changes would be due to take effect, only 1.8 million taxpayers — 1.2 percent of the total — would have their deductions reduced. Just 1.9 percent of taxpayers with income from a small business earn enough to be affected by the limits.So roughly 98% of the population is unaffected, and the 2% that are, are mega-rich.
"The United States needs a safer way to shut down large nonbank financial firms without destabilizing the entire financial system, Federal Reserve Chairman Ben Bernanke said on Friday.True capitalism would let these big institutions fail. America doesn't have true capitalism so using that "market economy" angle when screwing over the little guy is even that much more vengeful. Little guys guys can fail, they deserve it. Big guys? Oh, they need all the government help and tax dollars they can get.
"We have such a regime for insured depository institutions, but it is clear we need something similar for systemically important nonbank financial entities," he said in prepared remarks to a community bankers convention in Phoenix.
"Improved resolution procedures for these firms would help reduce the too-big-to-fail problem by giving the government the option of safely winding down a systemically important firm rather than keeping it operating," he said.
Sitting in a green room after her TV interviews, she lambasts everyone from Alan Greenspan to Larry Summers to the former president of the United States, who holds an especially dark place in her heart. "Commander in Chief?" she says of George W. Bush, with a mix of disbelief and scorn. "You blew up every single financial vessel we had and if you think you aren't personally responsible, well, the blame starts at the top. There is no higher top than you, SIR! If I were you, I would feel so absolutely horrific that I would take every penny I had and distribute it to anybody and everybody to help them in whatever way I could. You owe the American people every penny of your fortune and your family's fortune."MSM stepping up to the plate for once. Would have been nice a few years back.
"When have you ever seen a president be that out there? I’ve never seen that. Usually people are so guarded. The aides are always so guarded. They’re so afraid that you will blow it or that you will make news that’s unintended and all those things... But I think he’s so smart. He’s so clear with his thinking and he’s so well informed and has been dealing with policy in all this and is also very philosophic it’s almost like. I think he’s just like – I think it’s beautiful."Sounds like he has a man crush. It's about time the 2 political parties started saying nice things about each other.
"The allegations of ill-treatment of the detainees indicate that, in many cases, the ill-treatment to which they were subjected while held in the CIA program, either singly or in combination, constituted torture. In addition, many other elements of the ill-treatment, either singly or in combination, constituted cruel, inhuman or degrading treatment."We need a truth and reconciliation commission. NOW!
"Politics used to be compared to "playing hardball" -- named for the baseball thrown faster than a speeding bullet straight for a batter's head or the dangerous squeeze play used to push home the winning run. That's no longer the case. In the Obama era, the sport can now better be defined as "playing curveball" -- after the moving, shifting baseball thrown to fool a batter into swinging wildly and missing."How many times has Obama been under-estimated over the past 2 years? It's like he's won two Cy Young awards and we still don't know if he's good. Relax. He's an ace.
Pope Benedict XVI said on his way to Africa Tuesday that condoms were not the answer in the continent's fight against HIV, his first explicit statement on an issue that has divided even clergy working with AIDS patients.If he is trying to emulate Jesus, living in his mansion with the Papal jewels, how do you reconcile the wealth and the total lack of caring?