OBAMA GOING AFTER CORPORATE TAX DODGERS

"The steps I am announcing today will help us deal with some of the more egregious examples of what is wrong with our tax code" -Barack Obama, May 4, 2009


Watched a news conference today, Obama was outlining a plan that will close loopholes and force American Corporation that set up "shell companies" overseas or "offshore" such as the legendary Cayman Islands to pay the taxes that they are legally obligated to pay...check out excerpts from the L.A. Times:

President Obama said this morning that he plans to crack down on American companies that legally avoid U.S. tax obligations by investing money in countries with lower tax rates.

He also plans to eliminate tax deductions for companies that achieve similar breaks by sending jobs overseas, while extending the deduction for those who create domestic jobs.

The practice of "offshoring" cheats other taxpayers, the president said, and those who circumvent the system are "aided and abetted by a broken tax system" that he pledged to fix.

The practice of "offshoring" doesn't cheat others just because the President says so, it cheats others because it cheats others, period.

I feel it is imperative that we work to end the reign of the multi-national wholesale robbery of the American People, as well as the robbery of whole nations and peoples across the planet.

Remember, Americans, even though we like to think we're the only country on the planet, we are not alone, and the actions of this nation reverberate throughout the world like no other nation in the history of the world. The article continues:

Speaking to reporters in the Grand Foyer of the White House, Obama said he doesn't think companies should be rewarded more for creating a job in Bangalore, India, than for creating one in Buffalo, N.Y.

"I want to see our companies remain the most competitive," the president said, while not rewarding them for moving jobs overseas.

The president's plans could yield an additional $210 billion in tax revenue over the next decade, according to the administration.

Obama's plan would:

* Eliminate some tax deductions for companies that earn profits in countries with low tax rates.

* Make permanent a research and experimentation tax credit, which is offered for creating domestic jobs.

* End a loophole that allows corporations to avoid taxes by reporting to the U.S. government that they're paying taxes in foreign countries and then telling the foreign countries that they're paying here.

This is important. It is time the corporations in this country that have dodged the IRS (while most of us sweat dealing with them at all,) to start paying and contributing to this country on a very visceral level. I want these motherfuckers give till it hurts.

Obama did bring this up more than once during the campaign , and after eight years of Bush, we handily voted Obama in over the Republicans and their policies, policies that have lead to the destruction of the middle, working class, and created more hardship for the poorest in the US, as well as around the world.

The Republican response? Senator Mitch McConnell, Republican from Kentucky:

"a significant tax increase on companies" Ever the defender of the corporation, never a defender of his or any constituents that don't earn 6 or more figures a year...

As soon as Rachel Maddow's clip from this evenings' newscast on MSNBC, I wil post it. As always Rachel breaks it down. Suffice it to say, the Republicans have virtually no ideas that will benefit anyone other than their cronies that line their pockets.

TRICKLE DOWN ECONOMICS DOES NOT WORK. The Republicans ideas are old and they have failed. (Thanks Mr. Prezz)

So, here is a link to tired ass McConnell senate website, here is his number:
202.224.2541

and a link for all 50 states

I will contact Blanche Lincoln of Arkansas as well as Mark Pryor, along with the Ladies of Washington State. I'll let you know what they said tomorrow, and I'll get that video from Maddow's posted along with it...peace Searchers, we are in a fight for our country, and it aint against Obama.


BTW, the Republicans are already screaming about Obama's Supreme pick, and the pick doesn't even exist, yet.

Rachel Maddow is currently reporting on Jefferson Sessions, Republican senator from Alabama, evidently a racist s.o.b., I will research him more, and track down the quotes Maddow threw up onscreen. He is a member of the Judiciary Committee that will handle the nomination of Obama's Supreme pick. I have contacted Session's office in the past regarding some ridiculous comments he made, so I will be watching Senator Session's behavior very closely during the nomination process. Peace-

SPANISH COURT MAY PURSUE WAR CRIME INDICTMENTS AGAINST TOP BUSH OFFICIALS

I caught this last night on Rachel Maddow's MSNBC show. Seems a Spanish Court is pursuing indictments for war crimes against:
1. Alberto Gonzales, former Attorney General of the United States

2. John Yoo, from the Justice Department

3.Jay Bibey, from the Justice Department, John Yoo's boss, worked for Gonzales, now a Federal Judge, (what the fuck?)

4.Doug Fife, Undersecretary of defense,

5..David Addington, Dick (cock) Cheney's chief of staff, and spawn of satan, and

6.William Hanes, General Counsel at the Pentagon.

These six individuals may have an indictment handed down in Spain for their arrest. According to the New York Times, it would mean little, unless they leave the United States.

Then it would be a situation that would go down in the history books. I would love to see some of these arrogant right-wing "christian" torturers under the gun, on trial and thrown into prison for years. Their receipt of a fair trial is more than they afforded their victims of torture. Please do not forget, Searchers, the Bush administration and the pigs that enabled Bush were on the track of pulling ANYONE off the streets of America that George Bush or Cock Cheney or their minions for any suspected "terrorism." Read the memo. Suspend Habeus Corpus, my ass.

Most white people would say, "So What? I don't look Arab, I haven't done anything wrong." That is putting an innate, (and inane) confidence in our elected officials and their appointees. Big mistake! Especially when they are right wing and got their marching orders from Bush a self styled "very religious" man.

I know his type of "religion," it was the same kind used in the Inquisition, and the same kind used by the fuckstick flanagin's when they commit high crimes and misdemeanors. Kinda like having a bible in one hand and someones testicles in a jar on their office desk. (I'm glad that motherfucker died in prison. Very fitting. Next, Flanagins.) Then go to Sunday School, after fucking your mistress in Little Rock, while your kids and wife are at home. Sound familiar, Arkansas? What a gem! ( Furthermore, in the south if you are labeled as a "moderate democrat" you are little more than a slightly left Republican.)

I will say it again: Give me a good Pagan or left-wing christian any day to reason with cause the American Right Wing Church is full of idiocy, hate, intolerance and contempt.

So Good luck, Spain, I hope it comes to pass and Gonzales and his ilk, along with Bush and Cheney spend the rest of their lives in prison. Probably not going to happen, but I support it.

Just to be clear: I also support putting Bush and Cheney's backs against a wall to face a firing squad.

I am not a squeamish American that can support hanging a national leader after a mock trial, a kangaroo court, (you know what that's like don't you Arkansas! What a gem that Arkansas is!) and not be able to stomach one of the presidents of the United States going to his execution. If I support the execution of any President and Vice President, it would be Bush Cheney, number 1. Number 2? Reagan/Bush. Remember, I supported these fuckwits and I voted for the worthless piece of shit George Bush. Then I became enlightened.

One good note I heard regarding this judge from Spain: He got the monster Chilean dictator Augusto Pinochet, a puppet of the U.S., arrested in London when he went on a trip to the United Kingdom. Godspeed, I truly hope we can lock up these motherfuckers, Bush and Cheney included, and throw away the key. After some rousing rounds of water boarding. Call me when you have the "christian" John Ashcroft on the table, I'd be happy to torture that son of a bitch.

By the way, here is the link for Rachel Maddow's report on MSNBC

Take care Searchers, stay vigilant, revolution is coming.
Onward!

RACHEL MADDOW

This is a brilliant, thoughful woman with a PHD in Political Science from Oxford University in England... that can check any of the political "boys" that come on her show...catch it on MSNBC...I think it's 6pm Pacific...