48 results for 'JJFCPA'
When President Obama signed the new financial services reform legislation, there were rounds of applause by the Democratic politicians and broad smiles on their faces. Two who stood out were Senator Christopher Dodd and Congressman Barney Frank who led the effort to get the law enacted. According to press reports in the media, including the Wall Street Journal, it was their late night last minute negotiations that reconciled the difference between the House and Senate versions of the bill. Similar to Obamacare, which also passed earlier in the year, the law passes the huge effort of writing... (more)
Many Americans will remember the hope they had when Barack Obama beat John McCain for the Presidency and promised change. Obama had made promises to the voters that he would undo the excesses of the George Bush administration, get the economy on track, reduce unemployment and elevate the Country’s esteem among its allies and enemies alike. The reality has been much different and Obama is looking for a scapegoat to blame. His favorite target continues to be George Bush.
In speeches this week, Obama described his approach for the fall election and exposed his own thinking about what he... (more)
Tags: obama. bush
An international group of leading politicians, business and thought leaders have formed a new group called “Friends of Israel Initiative”. As the name suggests, the purpose of the group is to support Israel. The support for Israel is different than what one would expect. Its stated goal is to bring reason and decency back to the discussion of Israel which in some circles is considered a pariah.
The group is composed of prominent individuals from both western democracies and third world countries. The list includes leaders from the U.S. (John Bolton, former ambassador to the United Nations... (more)
As the summer heat in Washington, D.C. hits 100 degrees, the looming battle in the Senate over the Dodd-Frank financial reform bill plans to increase the temperatures in an already sweltering town. The Senate is expected to vote on this legislation which passed in the House last month in the next few weeks. One provision in this voluminous bill which was added at the 11th hour before the House vote by Congressman Barney Frank, D, N.Y., and Senator Christopher Dodd, D, Conn has raised serious concern by corporate America over its negative impact on their normal business affairs. This is the... (more)
In a New York court room Monday, a Pakistani-born U.S. citizen, the “Times Square Bomber” pleaded guilty to a 10 count indictment that included a charge to use a weapon of mass destruction. Usually, there is a feeling of relief when someone who is guilty confesses to their criminal actions. This case however, left many with a shiver up the back. It was the latest example and maybe the clearest of the dangers America faces from seemingly normal citizens who have adopted a virulent form of Muslim beliefs and methods.
Faisal Shahzad, of Shelton, Connecticut described himself to the court... (more)
Where is Abby Sunderland? Five months ago, this precocious young girl of 16 left her home port in Southern California to attempt a nonstop solo circumnavigation and beat all records. Now she is lost at sea.
Reports have surfaced that the last contact with Abby occurred yesterday about an hour after her communication with her family. Her position was deep in the frigid and rolling southern Indian Ocean and about 2,000 miles from land. There are fears that she is in trouble.
The emergency beacons on Abby’s custom built boat “Wild Eyes” activated and communication with her was lost.... (more)
On a recent holiday weekend, my wife and I were contemplating a get away from our town, a suburb of bustling Washington, D.C. Our thoughts were to the usual places like Ocean City, the Blue Ridge Mountains or Annapolis and the Chesapeake Bay. While all of them had an appeal, the place that we landed on was our city to the north, Baltimore. What a splendid choice.
I booked a Marriott for one night that was close to Baltimore’s famous Inner Harbor. In the morning, on a sunny and cool temp day we jumped into the car and drove the 40 miles to the hotel. The trip took about 45 minutes as... (more)
This week has not been a good week for President Obama or his supporters. From the growing oil disaster in the Gulf to the announcement that he, the Commander in Chief of the military, will break precedent and not lay the wreath at Arlington Memorial Cemetery this holiday weekend, the President's policies and philosophies are exposed. Another shoe dropped with the media report that the Obama administration offered a top administration job to Joe Sestak, a former admiral and unapologetic liberal who ended Arlen Specter's 30-year Senate run if he would drop out of the race for the senate seat.... (more)
Sports fans in Washington, D.C. finally have some hope that the future for their major sports franchises will be better than the recent past. Except for the Washington Capitals hockey team, the other 3 major sports teams – the Redskins, Wizards and Nationals have been bottom dwellers in the standings. Now with the prospect of new, young and star level talent on the horizon, there is hope anew.
The latest stroke of potential good fortune is with the Washington Wizards having the winning ping pong ball in this month’s lottery for the top pick in the NBA. With the odds against them, the... (more)
With Democrats in control of both houses of Congress and Obama now the president, all Americans including the middle class are facing the prospect of new taxes types and increased tax liabilities from rate increases and the phase out of beneficial tax provisions. These changes include both direct taxes like income and excise taxes. Consider what has happened already in 2010.
A new tax on individuals who do not purchase government-approved health insurance
A new tax on employers who fail to buy government approved health insurance
A 40% tax on high cost health plans, but... (more)