Blue Texan, here’s my take on the Sarah Palin makeup bill:

http://whitenoiseinsanity.com/…..rah-palin/

Bah hahahahaha! Good gawd. Sarah is hideous!

Having Kissinger approve of something I did would scare me to death.

I just find this Palin stuff fascinating.

Republican officials said this week that additional clothing charges would appear on the Republican National Committee’s campaign finance report totaling less than $30,000. But the committee’s report, which was due at midnight on Thursday, was not yet available as of late evening.

How in the world can anyone spend 110,000 on make-up and hair in a matter of weeks?

hmm, if Kissinger’s for it, then I have to rethink it.

jinksish

Damn, it’s way too early to wake up to that.

Sorry. LOL

Chrysler is owned the hedgefund Dan Quayle works for they have cash.
The big three as EW pointed out yesterday can’t finance their own cars.
I say who cares we gave the banks money already we tell the banks to make car loans or we pull the money with interest.
Payday loan company interest the samt they give us when we are desperate for cash!

You haven’t been keeping up with the continuing saga of Terry Bolea (Hulk Hogan) and soon-to-be ex-wife Linda. Went back to court saying she couldn’t live on 40K/month temporary alimony. I guess her 20yo poolboyfriend has expensive tastes.

Not quite coyote ugly but workin’ on it.

LOL!

Morning BT

Big Three back on the hill.

If the banking institutions were unionized would they be receiving $8Trillion in gimmes from Paulson? The goopers that want the auto companies to go into bankruptcy have only one motivation and that is to get rid of the unions. Jan 20th can not come fast enough for me.

additional clothing charges

Why are they additional did she keep a credit card along with all those clothes she bought?

Or, to see that lame W on my tv Can change that fast..Good morning.

She’s close. ;-)

Okay, going to work with the rest of the schmucks of America. Have a great day everyone!

Mercy!

want to apply for your own bailout?
linky here

Yes, it would be a struggle to get by on 40K each and every month, wouldn’t it?

Hmmmm, W or that person graciously foisted upon us by KayInMaine. Maybe I’ll have to rethink my position.

You are so right. We need to penalize management of the auto manufacturers, not the workers. Unions are important.

Namaste, KayInMaine. Even if you scared me first thing.

They’re rolling out the expenses. It’ll end up totaling 1/2 million $ at this rate. For all the good it did her. She’s still wearing the clothes too. I guess when the RNC goes to sell them, they’ll be all the more valuable for Palin DNA.

Looks like our Friedmanite Congress is going to let the B3B fail just to get rid of the union. We won’t be able to blame the Second Great Depression on just the Rethugs.

Our central bankers have had a tremendous amount of hubris over the years, believing that they could actually manage a paper money system in such a way as to replicate the behavior and benefits of a gold standard. In fact, back in 2004 then Fed Chairman Alan Greenspan told me as much. People talk about toxic assets, but the real toxicity in our economy comes from the neo-alchemy practiced by the Federal Reserve System. Just as alchemists of the past frequently poisoned themselves with the lead or mercury they were trying to turn to gold, today’s bankers are poisoning the economy with accelerated fiat money creation.

Throughout the ages, gold has stood the test of time as a consistently reliable medium of exchange, and has frequently been referred to as “God’s money,” as only God can make more of it. Seeking superhuman power over money in the way alchemists did in ancient times caused society to shun them as charlatans. In much the same way, free people today should be sending the message that this power and control over our money is no longer acceptable.

The irony is that even had the ancient practice of alchemy been successful, and gold was suddenly, magically made abundant, alchemists still would have failed to create real wealth. Creating gold from lead would have cheapened its status to that of rhinestones or cubic zirconia. It is unnatural and dangerous for paper to be considered as precious as a precious metal. Our fiat currency system is crumbling and coming to an end, as all fiat currencies eventually do.

Congress should reject the central bank as a failure for its manipulations of money that have brought our economy to its knees. I am hoping that in the 111th Congress my legislation to abolish the Federal Reserve System gains traction so that the central bank can no longer destroy our money.

Ron Paul

http://www.house.gov/paul

I’d like to try that struggle

We just can’t let it happen. We need to call and e-mail our congress critters and senators.

I’d even split you that….

That’s a lot of premium tiger food. Served in jewel encrusted bowls, no less.

When is the MSM going to notice that Sarah has not returned those clothes? Aren’t gifts over a certain amount taxable?

That they are, and if you report someone who cheated, you can collect 10% of the total….I say we all try to collect the “reward”.

That is someone who cheated on their taxes, you can report them and collect a “reward”.

she’s going to have fun come April 15th

Trump, in one of his bankruptcies, claimed that he needed $300K a month to pay his household help. $40K would only take care of the toilet paper bill.

They’ve been so responsive to all of our other pleas over the last two years. Tester and a few more seem to get it but the rest, not so much.

Along with Sarah and W, we’ve got OJ this morning. 3 is really a treat, isn’t it.

Didn’t Sarah’s campaign contributors er Todds friends build her a house recently I think we got another untaxed gift the media and IRS could stop ignoring.

and she can’t claim the clothes as a tax write-off, clothing is only considered a write-off if it is a “uniform” that can’t be worn anywhere else as “regular” clothing. A McDonald’s uniform, or something a Disney employee might wear are examples. Anything you could wear in daily life is not exempt from taxes.

well, he is a big ass

OJ may be lookin’ at some real hard time. I don’t think state prison would be kind to him.

so Clarence [Thomas] (I just invented that I might say) went around the scotus to try to get obama’s birth certificate on the calendar

The remaining case with the highest profile is Donofrio vs. Wells. Because it was referred by Supreme Court Justice Clarence Thomas to other justices for conference

so here’s a hypothetical;

suppose alito and roberts actaully declare obama ineligeable, who becomes potus?

[Mod note: Comment edited by moderator. Please choose your wording carefully - especially when using terms which may be racist. Thank you.]

she can claim them as a write off if she actually does donate them to charity or surrender them to the rnc

ianal but this is what I believe

Sarahndipity

Ah, but we can’t give up. Keep e-mailing and calling. History will vindicate us and burn those who don’t respond effectively.

Both the RNC and Palin could claim it was a gift and that would be the end of that. IOKIYAR

I say we report it and report it and get back up documentation.

Oh, I never said to stop trying. Hope springs eternal.

man, we should get this viral, get all the blogs trying to get a piece of her pie (pardon that expression)

Linky wonky

Gifts over a minimal amount are taxable.

palinopathetic…a phsycological dissorder whence you cannot open the proper vocabulary folder and cannot stop using the words in the foldert that does open

rare syndrome

Exactly…..

My guess is riots in the streets..martial law..Bush and Cheney stay.

linkeroo

Palin’s clothes and makeup are fodder only for the bobbleheads. Nobody else is paying attention. Non-issue not worth the time.

Swim seems at a crawl this morning. No other sites are slow. Anyone else have problems?

His mom is a citizen who cares where he was born? Wasn’t John McCain born in Panama? Clarence [Thomas] is trying to prove that Obama is not a citizen I take it?

[Mod note: Comment edited by moderator. Please choose your wording carefully - especially when using terms which may be racist. Thank you.]

Seems to be loading OK for me.

my guess is biden

any lawyers with the facts?

there must be some scenario who takes over, they must have anticipated something like an assaisination or sickness to prevent swearing in, there must be a protocol

I had a discussion with an accountant who had his own tax business about just this subject and it was an eye opener. The minimal amount isn’t so minimal.

Another ruined life….and looks like he brought it all on himself with arrogance and stupidity…ummmm, sound W-ish?

tcu I am asking a hypothetical question, the scotus will do whatever they want to if you remember they even admitted that with bush/gore

NO?

Nope. Clear out yer cache and reboot yer browser.

Thanks much Clarence is a coke head is he not?

Only fodder for bobbleheads if there isn’t a mechanism for IRS trouble. Al Capone went to prison for tax evasion, not murder….

I’m not getting down on you I’m getting down on Clarence.

Morning All
The constitution says POTUS must be “natural born” – (born on US soil)

I actually heard one of the legal commentators saying this morning “there’s no way they will overturn this election & something about the #of votes by American citizens..no question in his view.

I would imagine Palin and the RNC will ensure her tax returns are impeccable. Unless she’s really a lot dumber than we thought.

I had never really seen Sen. Corker until those hearings yesterday. The old phrase, “He’s a real Corker” now has new meaning for me. It now means someone is the epitome of nasty, mean-spirited, vile, smug, insulting Republicanism.

Don’t wait for us if you want to try and get through to the IRS or the media after you research this then go for it. If not well then maybe write a diary.

never the less, hypothetically I would like to know what will happen

the scotus already admitted they had no authority to overturn the florida decision, they said it right in their decision and then did it anyway, do not put depravity beneath them it is not

Certainly didn’t pull any punches, did he? He may have used a lot of words but his meaning was clear as a bell.

off to work, c all L8tr

Ok so the child of an illegal immigrant can be President but the child of an American Citizen born in Panama like McCain was can’t be President?

I believe the scotus declared american military bases are to be considered american soil for the purpose of potus

McCain was born on what was US territory at the time. Thus, he would be eligible.

Sorry. I have heard it often before so I was being kind not ignoring

Results 1 – 10 of about 105,000 for Clarence Thomas [edited by mod]. (0.18 seconds)

[Mod note: Comment edited by moderator. Please choose your wording carefully - especially when using terms which may be racist. Thank you.]

We should close this loophole.

Sad but so true….but I do believe we can “fix” them….

wow, I just invented that today, these tubes travel FAST!

MY 80 was for your 78

Ah but Bush disagrees our thats why he tortures people in our base in Cuba. If Military bases count as US territory then Bush should be going to jail.
Well for that and other things.

Let Cerbereus pay for their own damn auto company debts. Owning is a two way street, you pay the costs to run the business and you get the profits.

Yep, you are completely correct. Is it possible they learned a lesson, here 8 years later?

I’m sure Biden would of course be the legal replacement. I worry that Bush does not want to go and can you image the result if Obama was replaced for any reason? I think Bush would seize upon any reason he could to stay in power. I cannot wait until Obama is officially sworn in. Civil unrest could be used to ‘bring in’ the soldiers who came home from Iraq on Oct 1.

I think she may be. Also, tax law about giving gifts is different than receiving gifts, I’m pretty sure.

No, it was pretty obvious. Shelby was the shithead I knew he would be, but Corker was like, “there’s the UAW jugular, I’m going for it.”

W may be ready; this a.m. Brokaw said the moving vans are practically at the back door, W is so ready to go.

Meaning that the taxes you don’t have to pay on income you made but distributed as a “gift” is one thing, however, the income you “receive” as a gift has much different tax consequences.

Good morning.

Did you all see the employment data? I scanned the comments but didn’t see any reference to it.

W is so ready to go

I am waiting for the “perp walk”

I’ll check with Jim, my accountant friend. We were talking about this when he was running for Congress here and I was his treasurer. That was in 06 and I don’t remember the details.

MORE ON BARACK OBAMA
Suit contesting Barack Obama’s citizenship heads to U.S. Supreme Court today
Justices will decide whether to consider the case

By James Janega | Tribune reporter
6:30 AM CST, December 5, 2008

The U.S. Supreme Court will consider today whether to take up a lawsuit challenging President-elect Barack Obama’s U.S. citizenship, a continuation of a New Jersey case embraced by some opponents of Obama’s election.

The meeting of justices will coincide with a vigil by the filer’s supporters in Washington on the steps of the nation’s highest court.

http://www.chicagotribune.com/…..4988.story

I can’t believe the Supreme Court is even considering this Bush vs Gore was not a big enough embarrassment for them?

FDR saved the nation from revolution during the 1st Depression. What will Obama do to save the nation from the 2nd Depression brought on by Republican’s desire to destroy the unions and the Democrats ineffectiveness in preventing it?

Also it’s in the Lasser tax guide if there’s one available to ya.

Thanks so much SD, I would love to know the answer.

When are the three stooges back on the Hill? This morning?

The interchange between some Sen and the cuckoo from Chrysler about Cerebus not wanting to invest any more in a losing enterprise was entertaining and enlightening. The arrogance of the stooges knows no bounds.

Who would be surprised if the SCOTUS took up the case? For the Republicans it’s just another tool in deligitimizing the incoming administration.

We hope..but then do we believe Brokaw?

On the subject of news..I guess it is official. CNN is now going to be a combination entertainment/Republican mouthpiece show. They are getting rid of all of their science, technology, and technology staff. I will miss Miles O’Brien because he so loved talking space stuff. His eyes positively sparkled.
http://www.cjr.org/the_observa…..tech_t.php

IRS Tax Tip 2008-15

If you gave any one person gifts in 2007 that are valued at more than $12,000, you must report the total gifts to the Internal Revenue Service and may have to pay tax on the gifts. The person who receives your gift does not have to report the gift to the IRS or pay gift or income tax on its value.

Gifts include money and property, including the use of property without expecting to receive something of equal value in return. If you sell something at less than its value or make an interest-free or reduced-interest loan, you may be making a gift.

There are some exceptions to the tax rules on gifts. The following gifts generally are not taxable and do not count against the annual limit:

* Tuition or Medical Expenses that you pay directly to an educational or medical institution for someone’s benefit
* Gifts to your Spouse
* Gifts to a Political Organization for its use
* Gifts to Charities

more…

Gifts are not deductible. Any amount given away other than to charity would have to be included in gross income. Charities are a different story.

“I don’t know how they’re going to make it,” Sen. Richard C. Shelby, R-Ala., said of the auto makers.

Shelby said Chapter 11 bankruptcy was their way to stay in business. Asked Friday morning on CBS whether there was anything the auto executives could say to change his mind about government aid, Shelby said: “Absolutely not.”

Why doesn’t the MSM disclose the fact that Shelby has an ulterior motive – mainly foreign auto makers with non-union workers in his state. Shelby is unamerican.

CNN is now going to be a combination entertainment/Republican mouthpiece show.

And this different how?

Agreed plus they have the money they don’t need a bailout they can either bailout Chrysler them selves or admit to their investors they are broke.
Which in this economic climate will send investors running.
If anyone has Cerbereus in their pension fund demand they sell it. Anyone who hires Dan Quayle should not be trusted with your money.
Never mind Buying Chrysler when the Germans were willing to sell at a huge loss just to get rid of it.

I was a tax preparer for three years, between 2004 and 2007. I even took the Enrolled Agent Exam in 2005, and passed 3 out of 4 parts (now there only three parts). The tax code is so complicated and convoluted, it is almost impossible for anyone, without photographic memory or having been a tax lawyer or accountant for many, many years, to know or understand the tax code.

I won’t be surprised the Supremes are mostly GOP hacks.

Now it is official!

Christy’s up
When Will At Risk Children In Poverty Become A Priority?

Southern politicians have continually done everything they can to keep unions out of their states. It was originally done to keep poor whites and AA from gaining a common ground against the white elite. Some things never change.

When the Palins began building a new family home off Lake Lucille in 2002—at the same time that Palin was running for lieutenant governor and in her final months as mayor—Spenard supplied the materials, according to Antoine Bricks, who works in its Wasilla office. Spenard actually filed a notice “of its right to assert a lien” on the deed for the Palin property after contracting for labor and materials for the site. Spenard’s name has popped up in the trial of Senator Stevens—it worked on the house that is at the center of the VECO scandal as well.

Todd Palin told Fox News that he built the two-story, 3,450-square-foot, four-bedroom, four-bath, wood house himself, with the help of contractors he described as “buddies.” As mayor, Sarah Palin blocked an effort to require the filing of building permits in the wide-open city, and there is no public record of who the “buddies” were. The house was built very near the complex, on a site whose city purchase led to years of unsuccessful litigation and, now, $1.3 million in additional costs, with a law firm that’s also donated to Palin collecting costly fees from the city.

http://www.villagevoice.com/20…..of-sarah/5

Has she paid taxes for this gift?

Thanks Elliott, you are always so helpful and on the spot. Yor are one of the best!

Off to swim in the great capitalist cesspool.

Be good to yourselves, and all other living things.

Namaste

You are so right!

Have a great day SD, Namaste.

gee thanks sophie. .)

Probably not…..I say let’s get ‘em!

Seriously, thank you.

533,000 jobs lost in November.
http://rawstory.com/news/2008/….._1205.html

What will the numbers be if a Republican controlled Congress gleefully watches from the sidelines as the U.S. auto industry collapses? Unions and progressives should begin promoting the idea of a nationwide general strike.

Any bailout of the automakers is, like the incredible sums being printed for the select group of financial cronies, another example of the endemic corruption of American government. Only some groups of people are worthy of assistance, the rest, eh, they can starve. “Too big to fail” is propaganda for “only some deserve support.”

I find it so hard not to just start screaming a long series of profanities.