The BULL runs...

The S&P 500 is on pace for a third month of gains, the longest streak in a year, amid better-than-estimated economic and corporate reports. It has risen 4.2 percent this month. The index trades at about 14.1 times reported earnings, compared with the average since 1954 of 16.4 times, according to data compiled by Bloomberg.

There is Wayne's World, Wally World and ..... not as much fun .... Santorum World!!!

Some quotes from Santorum World:

Global Warming Is A Political Trick

Prenatal Testing Is Done To Encourage Abortions

Mitt Romney Begged Congress For A Bailout (And I Voted For It)

Wayne's World quotes are so much more fun and relevant....

Garth: So, did Jim Morrison give you Del Preston's exact address?
Wayne: Yeah, he said EXACTLY London, England. 

 Garth: Benjamin is nobody's friend. If Benjamin were an ice cream flavor, he'd be pralines and dick. 

Cassandra: Yeah, and if a frog had wings it wouldn't bump its ass when it hopped.
Wayne: Interesting. Where did you learn English?
Cassandra: College... and the Police Academy movies.

The future of American children if you VOTE Republican in 2012!!! = Slavery

Tears tracing lines of dirt on his face, six-year-old Pakistani boy Nabeel Mukhtar cries while crouching on a pavement to scrub motorbikes, his job for nine hours a day, six days a week.

He is one of millions of children driven into labor by poverty in a country where the unpopular government is seen as too corrupt and ineffective to care for its citizens, even the young and helpless.

"I want to study and become a doctor but we don't have any money," said Mukhtar, who helps his family make ends meet.

Rising food and fuel prices and a struggling economy have forced many families to send their children to search for work instead of to the classroom.

USA VOTE Democrat in 2012 if you want to avoid slavery!!!  Fight for your FREEDOM...it is being taken AWAY.

Almost half of all Americans lived in households that received government benefits in 2010! Why? Becasue the Middle-Class is being destroyed...

Almost half of all Americans lived in households that received government benefits in 2010, according to the Census Bureau. The share climbed from 37.7 percent in 1998 to 44.5 percent in 2006, before the recession, to 48.5 percent in 2010. 

The trend reflects the expansion of the safety net. When the earned-income credit was introduced in 1975, eligibility was limited to households making the current equivalent of up to $26,997. In 2010, it was available to families making up to $49,317. The maximum payout, meanwhile, quadrupled on an inflation-adjusted basis. 

It also reflects the deterioration of the middle class. Chisago boomed and prospered for decades as working families packed new subdivisions along Interstate 35, which runs up the western edge of the county like a flagpole with its base set firmly in Minneapolis. But recent years have been leaner. Per capita income in Chisago excluding government aid fell 6 percent on an inflation-adjusted basis between 2000 and 2007. Over the next two years, it fell an additional 7 percent. Nationally, per capita income excluding government benefits fell by 3 percent over the same 10 years. 

Rick Santorum, who won 57 percent of the vote in Chicago County in the Republican presidential caucuses last week, has warned of “the narcotic of government dependency.” Newt Gingrich has compared the safety net to a spider web. Mitt Romney has said the nation must choose between an “entitlement society” and an “opportunity society.” All the candidates, including Ron Paul, have promised to cut spending and further reduce taxes.

The Republicans will turn your sons into slaves and daughters into prostitutes.  Vote wisely, the 1% see you merely as a cost function. 

THINK for YOURSELF!!!

Flint Michigan February 11, 1937 = let us never forget America!!! The Battle for who OWNS America rages on...

The middle class and the American Dream were born 75 years ago today, on February 11, 1937, the day the Flint workers won their struggle. And for the next 44 years, working people everywhere got to own their own homes, send their kids to college and never worry about going broke if they got sick. That belief, that life would be good if you were a good citizen and a hard worker, now seems out of reach for nearly half the country which is either living in or near poverty. Perhaps people wouldn't mind it as much if the burden were being evenly shared. But everyone knows that's not the case. In a time of record personal bankruptcies, record home foreclosures, record family and student debt, there are a group of people having the best years of wealth and profit ever recorded in human history. And it is those very people who have made the decisions to export our jobs, to decimate unions, to make college unaffordable, to start wars and to pay themselves with gluttonous joy while paying little or no tax -- this is the 1% that has created the burden so many Americans (and people around the world) now share. 

And so, 75 years after the victory in Flint, the battle is now being fought all over again. But this time it's not just about getting paid a dollar an hour, or having Sunday off, or reducing the chance of your hand being crushed in the metal stamping machine. This time, the stakes are even greater: Who is going to own America and control the basic functions of our democracy -- the richest 1% who buy the politicians to get what they want, or the 99% who don't have much these days and live in anxiety or fear of what's around the bend.

‘Stars Are Aligning’

“The stars are aligning to push the market higher,” Brian Jacobsen, who helps oversee about $209 billion as chief portfolio strategist at Wells Fargo Advantage Funds in Menomonee Falls, Wisconsin, said in a telephone interview. The jobs data“was a very encouraging report. It should silence a lot of the skeptics out there who are saying that Europe is going to push the U.S. into a recession.”

Romney told CNN on Feb. 1 that “I’m not concerned about the very poor”

Republican presidential candidateMitt Romney’s statement that the “very poor” don’t concern him comes at a time when the portion of Americans living in deep poverty is the highest in more than a generation while assistance varies widely and is inadequate.

“Virtually any food bank in any city in America would tell you that they have not been able to keep up with the demand,”said Bill Shore, founder and chief executive officer of Share Our Strength, a national charity that fights childhood hunger.“That means more rationing of food, not allowing families to take as much as they would have before and being open shorter hours.”

More than 20 million Americans live in a household with income of less than half the federal poverty rate, the level social scientists often use as a category for the very poor, according to census data for 2010. Last year that meant an annual income below $11,057 for a family of four.

The portion of the population in that category was the highest in at least 35 years and has almost doubled since 1975, from 3.7 percent then to 6.7 percent in 2010.

Mr. Romney said, “I’m not concerned about the very poor

On Wednesday morning in an interview with CNN, Mr. Romney said, “I’m not concerned about the very poor,” a comment that has ricocheted around the Web and cable news channels.

I guess the very poor are something less than American....

USA: Millionaires would pay a minimum 30 percent effective tax or their fair share!!!

Millionaires would pay a minimum 30 percent effective tax rate under a law introduced on Wednesday in the Senate with the backing of President Barack Obama and named after billionaire investor Warren Buffett.

Nicknamed the "Buffett Rule," the tax bill reflects President Obama's view of the unfairness he says is represented by Buffett's tax anomaly - that Buffett pays a lower effective rate than his secretary does.

The "Paying a Fair Share Act of 2012," introduced by Democratic Senator Sheldon Whitehouse, has almost no chance of passage this year as the Republican-controlled House of Representatives has sworn off tax increases.

Revenue generated from the tax has yet to be officially calculated, but Whitehouse said it could raise $40 billion to $50 billion a year.

In October, Senate Majority Leader Harry Reid, a Democrat, introduced the American Jobs Act, which included a first version of the Buffett rule as a 5.6 percent surtax on millionaires. It never came to a vote.

About 94,500 taxpayers, a quarter of all U.S. millionaires, pay a lower tax rate than the bulk of middle-income taxpayers, according to the Congressional Research Service.

Buffett makes a living off investments, which are taxed at 15 percent for capital gains and qualified dividends. Buffett's secretary earns a salary and is taxed in wage-income tax brackets that range from 10 percent to 35 percent.

The tax fairness issue flared last month when Republican Mitt Romney, one of the wealthiest men ever to run for president, and his wife Ann came under pressure to release their tax returns.

Documents released last week showed they paid an effective tax rate of 13.9 percent in 2010 and expect to pay a 15.4 percent effective tax rate when they file their returns for 2011.

President Obama in his State of the Union address last week when he called for the 30 percent minimum tax. Buffett's secretary, Debbie Bosanek, attended the speech as a guest of first lady Michelle Obama.

Obama is building an America for the 99% v Romney who is building it for the 1% = that's the choice

Drawing ever-clearer lines between himself and his leading Republican challenger, President Obama on Wednesday promoted a new proposal to help burdened homeowners, casting it as an alternative to those who contend that the nation’s housing market must bottom out before homeowners can expect relief.

The person who made that bottoming-out argument? Mitt Romney, whose strong victory in the Florida primary on Tuesday reinforced the belief of Mr. Obama’s advisors that he will be the Republican nominee.

“It is wrong for anybody to suggest that the only option for struggling, responsible homeowners is to sit and wait for the housing market to hit bottom,” Mr. Obama said to applause at a community center here. “I refuse to accept that, and so do the American people.”

Housing values in this affluent suburb of Washington have plummeted by a quarter, the president said. More than half of all homeowners in Las Vegas, he added, were underwater on their mortgages, meaning that what they owe is more than their house is worth.

In October, Mr. Romney told the editorial board of the Las Vegas Journal-Review that he believed the housing market needed to bottom out. Nevada, which will hold its Republican presidential caucuses on Saturday, has been hit harder by foreclosures than any other state.

The housing market gave the president an opening to hammer his theme of economic fairness for the middle class, which he said had been victimized by unscrupulous banks and mortgage brokers.

“This housing crisis struck right at the heart of what it means to be middle class in America: our homes,” he said. “The places where we invest our nest eggs, places where we raise our family, places where we plant roots in our communities, the places where we build memories.”

“We need to do everything in our power to repair the damage and make responsible families whole again,” Mr. Obama told an enthusiastic crowd of about 400 in a gymnasium.

The housing plan, parts of which require Congressional legislation, aims to make it easier for homeowners to refinance their mortgages, by streamlining the financing process and clearing the way for people with underwater mortgages to obtain new mortgages.

Visiting the Washington Auto Show on Tuesday, Mr. Obama inspected new hybrid vehicles from Ford, Dodge and General Motors, and reminded spectators of his administration’s role in bailing out two of the Big Three carmakers.

“It’s good to remember the fact that there were some folks who were willing to let this industry die,” the president declared. “Because of folks coming together, we are now back in a place where we can compete with any car company in the world.”

And who was it who argued that the government ought to let the carmakers fail? Mitt Romney.

Wall Street for President; I mean Mitt Romney.....is that Government by, for and with the PEOPLE???

Mitt Romney’s investment background, criticized by some of his Republican presidential rivals, is helping him build a financial advantage over them.

In the fourth quarter of last year, eight of the 10 biggest donors to Romney, co-founder of Boston-based Bain Capital LLC, a private-equity firm, worked for banks and investment funds, according to data compiled by Bloomberg based on U.S. Federal Election Commission information released yesterday. Citigroup Inc. (C) employees gave $196,600. Those at JPMorgan Chase & Co. donated $180,518, and Goldman Sachs Group Inc. (GS) workers contributed $106,580.

For the whole campaign, Goldman Sachs employees and their families have been the largest source of campaign cash for Romney, according to the Center for Responsive Politics, a Washington-based group that tracks political money.

“Wall Street supports someone they consider one of their own and the candidate perceived to be the most committed to promoting policies they prefer,” said Costas Panagopoulos, director of the Center for Electoral Politics and Democracy atFordham University in New York.

Newt Gingrich: his ideas are a mixture of the alarming, the implausible and the banal.

Newt Gingrich, unexpectedly, has become a serious contender for the Republican presidential nomination. He won the South Carolina primary and is now the front-runner in some polls nationally. He has been debating well, shaking off criticism of his personal life and doing his best to bolster his reputation as an ideas man.


Regrettably, on economics, where the country could use some fresh thinking, his ideas are a mixture of the alarming, the implausible and the banal. 

Just what you want in a Presidental candidate (Ron Paul)...somemone motivated by "greed more than bigotry"

The controversy over Ron Paul's newsletter business erupted again on Friday -- just days before the Florida primary -- when three former associates of the libertarian presidential candidate contradicted his earlier claims of ignorance about the racist and anti-Semitic material published under his name. Although the Texas Congressman has previously insisted that he had been unaware of the newsletters' racial slurs, his former secretary Renae Hathaway, who still supports his candidacy, said: “It was his newsletter, and it was under his name, so he always got to see the final product. . . . He would proof it." Hathaway told the Washington Post that Paul was a "hands-on boss" who frequently visited the publication's offices despite his busy schedule as a Congressman and practicing physician.

Confirmation of Hathaway's recollections came from Eric Dondero Rittberg, another ex-aide, who told the Post that Paul approved all the final copy in his newsletters during the 1990s, when the racist articles appeared. As other former Paul associates have suggested, Rittberg said that the Congressman's motives involved greed more than bigotry. “The real big money came from some of that racially tinged stuff," Rittberg said, "but he also had to keep his libertarian supporters, and they weren’t at all comfortable with that." According to the Post's analysis, the newsletter business was so profitable that Paul went from personal indebtedness to a net worth of more than $5 million.

Man not of the PEOPLE Mitt Romney earned $21.6 mln and paid 13.9% tax less than half the rate a USA middle class family has to pay!!!!

Republican presidential candidate Mitt Romney earned $21.6 million in 2010 and paid 13.9 percent of that amount in income taxes, using the preferential rate on investment income and charitable deductions to pay a smaller share of his earnings than top wage earners typically do.

The former private-equity executive and Massachusetts governor earned more than half of his income from capital gains and dividends, which are taxed at a top rate of 15 percent, rather than the 35 percent top rate for ordinary income. His campaign publicly released the returns today.

Davos: Where your Economic Dictators go to PARTY!!!!! That means your PARTY leaders dear Republicans; you know the ones who send your kids to die in needless wars...

"At meetings the rest of society is excluded from, this powerful '1 percent' negotiates and decides about the fate of the other 99 percent of this world," says David Roth, "Camp Igloo" organiser and head of the Swiss centre-left's youth wing.

"The economic and financial concentration of power in a small, privileged minority leads to a dictatorship over the rest of us. The motto 'one person, one vote' is no longer valid, but 'one dollar, one vote'. We want to change that."

The USA, Europe, and indeed the World’s rich and famous cheered snow polo in Klosters, Switzerland, while at nearby Davos, host of the World Economic Forum's annual meeting, young Swiss socialists protest against the power of political elites in igloos.

The real loser in Saturday’s Republican primary was the One Percent. Plutocrats fuelling up their Gulfstream 650s for the trip to Davos should take note: fellow club members Mitt Romney’s and Newt Gingrich’s path to the presidency may be obstructed by their vast riches. The perception of lopsided wealth creation bothered voters even more and was a bigger impediment than the more carnal sins of rival Newt Gingrich. Turns out the Occupy Wall Street movement is resonating in some unlikely places.

Romney’s trouncing in South Carolina’s primary (28 percent of the vote to Gingrich’s 40 percent) will encourage further attacks on his wealth as the candidates move on to the next battleground state, Florida. Romney is clearly girding for such a fight. In his concession speech on Saturday night, he lambasted former Gingrich. On Sunday, Romney vowed to release his tax returns later this week.

Romney and Gingrich straw dogs who can only at best make a straw man to fight Obama

A straw man is a component of an argument and is an informal fallacy based on misrepresentation of an opponent's position.  

To "attack a straw man" is to create the illusion of having refuted a proposition by replacing it with a superficially similar yet unequivalent proposition (the "straw man"), and refuting it, without ever having actually refuted the original position.

Sybil for President; one of the many persons buried in Romney!!!

Romney publically endorsed Mississippi’s attempt to pass a personhood amendment. (Can't use Condoms!!!) It was soundly defeated by the voters, as were previous attempts in Colorado and other states. After going on TV saying he endorsed the amendment, Romney tried to soft peddle that after voters rejected the measure. Now he denies it ever happened. Thank goodness for video.



Romney underscored a previous flip flop on Roe V Wade. When running for office in liberal Massachusetts, Romney saying in many recorded interviews that he would defend Roe v Wade. At the debate, he made it clear that he would work to have it over turned. Which Romney would show up in the White House, or in general election debates?

As White Supremacists go Ron Paul may be the nicest....

While Ron Paul would like you to believe that his connections to white supremacy ended with his racist newsletters, he has actively courted the white supremacist movement well into the 21st century, which is evident due to his outreach to white supremacist radio programs.


On February 18, 2001, Ron Paul appeared on “Radio Free America,” a show founded by Willis Carto, a neo-Nazi who founded the white supremacist group the National Alliance. “Radio Free America” is part of Carto’s “American Free Press,” which is labeled as a hate group by the Southern Poverty Law Center (SPLC). While Paul did not discuss racial issues, he discussed several conspiracy theories. A transcript of the show was made available through Carto’s now-defunct racist publication “The Spotlight.”

In 2006 Ron Paul was scheduled to appear on another white supremacist radio show, “The Political Cesspool,” which featured the who’s who of racists, including the KKK, neo-Nazis, holocaust deniers and neo-Confederates. The show’s sponsors include white supremacist separatist group the Council of Conservative Citizens and the Institute for Historical Review, a Holocaust-denying organization founded by Carto, and the show is broadcast online via the neo-Nazi website Stormfront.

The show’s host, James Edwards, is a rising star in the white nationalist movement and idolizes former KKK Grand Wizard, David Duke. After reports began circulating that Ron Paul appeared on his show in 2006, Edwards wrote on his blog:

Unlike those who constantly attack me, I prefer to be honest. So, rather than be disingenuous, I will tell you that Ron Paul was scheduled and confirmed to appear for an hour-long interview on The Political Cesspool Radio Program in 2006. This booking was arranged by Jesse Benton.

A couple of hours before the live interview was to take place, we were informed that Congressman Paul had to take an unexpected flight and would be happy to reschedule with us at a later time.

Edwards also wrote an open letter to Ron Paul:

Dear Rep. Paul,

I know that the jackals in the establishment media are attempting to use your near-appearance on my radio program (five years ago!) as a hammer against you today. I’m sure you understand that you will never be able to curry favor with the Cultural Marxists that hate our values and seek to destroy the country we know and love.

You are just days away from winning the Iowa caucuses, which is why your opponents are resorting to such desperate measures. Your success causes the media and its handlers great distress, but always remember that appeasement never works.

We’ve done nothing wrong.

You’ve done nothing wrong.

Stay the course.

Our motto here in the studio is simple: “No Retreat, No Surrender, No Apology.”

Our mutual friend, Pat Buchanan, has recently given you a template to be used when answering questions about this show. You may want to take a look here and here.

We remain supportive of your candidacy and wish you nothing but the best of luck.

Sincerely,

James Edwards

Host, The Political Cesspool Radio Program



Ron Paul has also been a hot topic on Stormfront. Former KKK Grand Wizard Don Black had fellow former KKK Grand Wizard David Duke on as a quest and they discussed the man they rabidly support.

Don Black in the ’80s and ’90s believed that Ron Paul was a fellow white supremacist who wrote the racist newsletters:

Everybody, all of us back in the 80′s and 90′s, felt Ron Paul was, you know, unusual in that he had actually been a Congressman, that he was one of us (white supremacist) and now, of course, that he has this broad demographic–broad base of support.

They went out under his name in the first person and most people receiving these newsletters, including me, thought he really did write them.

So, now that he has this new base of support of course, he’s having–frantically trying to disavow himself from the newsletters.

David Duke would also voice support for Ron Paul:

Again, I go back to that, you know, traditional topic that I always talk about, you know, the powers of international Zionism–a power in banking, a power in media, a power in government influence, in campaign finance–a power that’s, you know, hurting the values of this country on behalf of Israel

So, I would vote for Ron Paul at this moment because he’s one of the few candidates who have policies in this regard and this realm that I wholeheartedly support, and that’s why I’d vote for him.

Rick Santorum one step closer to a Dictatorial Theocracy in the USA kindda like IRAN!!!

Rick Santorum, whose surprising second-place finish in the Iowa caucuses has propelled him to the upper tier of Republican presidential candidates, was booed during an appearance before college students in New Hampshire yesterday when he spoke of his opposition to same-sex marriage.


That pitch didn’t work with the students. They booed him, particularly when he compared same-sex marriage with polygamy.

Pressed on his stance on medical marijuana, Santorum mistakenly identified the drug as a narcotic before being corrected by the audience.

“I don’t know my medical marijuana laws very well,” he joked. Still, he called the drug a hazard to society. When someone shouted at him to explain how he formed that opinion, Santorum said: “I form that opinion from my own life experiences and having experiences.”

The reference to what he may or may not have done during his days at Pennsylvania State University didn’t quell the boos. The jeering was more pronounced than any applause Santorum received.

Romney to add $600 BILLION to USA Deficit!!!

Republican presidential candidate Mitt Romney’s tax proposal would add $600 billion to the U.S. budget deficit in 2015, according to a study released today by the nonpartisan Tax Policy Center in Washington.

The analysis compares the revenue that Romney’s tax-code changes would generate compared with expected U.S. revenue under current law, which assumes that several income tax cuts will expire as scheduled at the end of 2012.


The numbers were released five days before Romney, a former Massachusetts governor, seeks to solidify his front-runner status with a win in the New Hampshire primary.

The analysis said Romney’s plan would “reduce federal tax revenues substantially” though not as deeply as some of his opponents. In a separate study released Dec. 12, the Tax Policy Center said former U.S. House Speaker Newt Gingrich’s proposed tax regime would add $1.3 trillion to the budget deficit in 2015.