Capital asset
The term capital asset has three unrelated technical definitions, and is also used in a variety of non-technical ways.
For Help With Their Failed GM "Investment", Obama Administration Asked.... Bain Capital
Posted by admin / Under Capital Asset
President Barack Obama is in full 2012 reelection mode. Part of that process is preparing to possibly take on Mitt Romney – whom (it appears) he thinks has the strongest chance to be his Republican opponent. Which he and many Democrats think is very good news. Romney fits right into the Left’s absurd anti-capitalism, “robber baron,” Occupy Wall Street anti-1%-er, scorched earth storyline. Romney is very wealthy, which for Obama and his Democrats is the height of eee-vill (except – these Donkeys are mostly rich…). Never mind that Romney’s wealth is right in line with many past Presidents and candidates...
Published on Friday 10th of February 2012 04:11:26 AM
Obama's 2012 ad: Solyndra isn't Bain Capital
Posted by admin / Under Capital Asset
President Barack Obama’s first paid TV ad of the 2012 campaign had one basic purpose, Democrats say: to ensure that Solyndra doesn’t become the Bain of the president’s existence. Typically, the kickoff ad in a presidential reelection campaign has a gauzy, upbeat, “Morning in America” vibe. Not this one — it was a pointed response to a $6 million ad campaign, paid for by the Koch brothers-linked nonprofit group Americans for Prosperity, which hits Obama on the semi-scandal surrounding the now-defunct, government-subsidized maker of solar power components. It’s clear Obama’s campaign staff in Chicago sees the Solyndra attacks as a...
Published on Friday 10th of February 2012 04:11:26 AM
Marin judge rejects lethal injection procedures
Posted by admin / Under Capital Asset
A judge tossed out California's newly adopted lethal injection procedure on Friday, throwing the state's already stalled capital punishment system into further doubt. Marin County Superior Court Judge Faye D'Opal, finalizing a tentative ruling she issued a day earlier, said prison officials failed to properly explain why they rejected a one-drug process using only a barbiturate when one of their experts recommended it as being superior to the three-drug mixture that was adopted to execute inmates. *** Prison officials will now either have to appeal or again revise their lethal injection procedures and submit them to public comment, a process...
Published on Friday 10th of February 2012 04:11:26 AM
The death penalty: valid yet targeted
Posted by admin / Under Capital Asset
No serious constitutional argument can be made against the death penalty. The endless campaigns to ban it cost taxpayers millions to defend. By David B. Rivkin Jr. and Andrew Grossman On the September night that the state of Georgia put Troy Davis to death, a crowd of several hundred gathered at the Supreme Court in Washington to protest America's continued practice of capital punishment. But they were in the wrong place. The protesters should have assembled 600 miles southeast, in Atlanta.
Published on Friday 10th of February 2012 04:11:26 AM
Jerusalem is not to be even symbolically recognized as the capital of Israel (Obozo's decree)
Posted by admin / Under Capital Asset
Secretary of State Clinton, in a sharp departure from her stance when she was a senator, is warning that any American action, even symbolically, toward recognizing Jerusalem as the capital of Israel must be avoided for the reason that it would jeopardize the peace process. Wrong hand giving the salute, Ms. Clinton. Her warnings were issued in a brief she has just filed with the Supreme Court — in which she is arguing that a law she voted for when she was Senator is unconstitutional because it could require the U.S. government to give to an American citizen born at...
Published on Friday 10th of February 2012 04:11:26 AM
Business: What Steiger Would Do
Posted by admin / Under Capital Asset
Would the Steiger amendment benefit chiefly the rich, as the President says? Not really. Undeniably, a cut in the capital gains tax below the present top rate of 49% would help mainly people in (or above) the 50% tax bracket, who are more likely to own stock and other assets. To be in that lofty bracket, one needs taxable income of about $40,000 or more. But a lot of "average" taxpayers leap into the higher brackets a few times in their lives—when they sell a house, a farm, or the stock that Aunt Tillie left them; or when they collect...
Published on Friday 10th of February 2012 04:11:26 AM
African migrants and black Libyans put in danger by 'mercenary' propaganda
Posted by admin / Under Capital Asset
The rotting bodies of 30 men, almost all black and many handcuffed, slaughtered as they lay on stretchers and even in an ambulance in central Tripoli, are an ominous foretaste of what might be Libya's future. The incoming regime makes pious statements about taking no revenge on pro-Gaddafi forces, but this stops short of protecting those who can be labelled mercenaries. Any Libyan with a black skin accused of fighting for the old regime may have a poor chance of survival. The atmosphere in the Libyan capital is frighteningly uncertain a week after the sudden collapse of Gaddafi's forces. Nobody...
Published on Friday 10th of February 2012 04:11:26 AM
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