Thursday, December 21, 2017

Thursday's show: Tax plan reactions, North Korea and we remember Pan Am 103 in 1988

The GOP tax bill passed and the Dems hysterical reaction is beyond reason....we will soon see taxpayer rebellions in blue states........Senator Manchin has a really weak response to the tax plan........German economist warns Europe that they will lose business to the US because of lower tax rates..........what is going on in North Korea?..........Carl Wilson 1946-2014......Pan Am 103 on this day in other stories of the day....

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Thursday's video: Why are Democrats so hysterical about the tax plan?

The Democrats’ DACA dilemma

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Here we go again. Democrats are better at talking about DACA than actually fighting for DACA.
The Democrats will not fight for DACA this year, according to news reports:   
With a deadline of midnight Friday to pass spending legislation, dozens of Democrats had vowed to withhold support if Republicans refused to allow a vote on a measure, known as the Dream Act, that would allow roughly 1.2 million immigrants to stay legally in the United States.  
But a group of vulnerable Democratic senators facing reelection in conservative states next year aren’t willing to go that far — meaning the party is unlikely to muster the votes to block the spending bill.
“We’ve got to get it done, but I’m not drawing a line in the sand that it has to be this week versus two weeks from now,” said Sen. Claire McCaskill, D-Mo., who faces reelection next year in a state that Trump won by more than 18 points. 
Other Democrats facing similar head winds echoed that sentiment, including Sens. Joe Manchin III, D-W.Va., and Joe Donnelly, D-Ind., Trump won those states by 42 and 19 percentage points, respectively.
“Realidad amigo”, as they say in Spanish!   
It appears that Democrats will have to make a very tough political call in early 2018. Do we force the aforementioned Senators to fight for DACA or do we avoid that?
In 2010, the last time that the Dream Act failed in the U.S. Senate,  it went down because of Democrats like Max Baucus and John Tester of Montana, Kay Hagan of North Carolina, Ben Nelson of Nebraska, and Mark Pryor of Arkansas voted “NO”.     
The Democrats have a dilemma: Do we take the Senate or do we please the base? It’s a tough call and senators in West Virginia, et al, are not looking forward to a DACA debate.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

Barry Goldwater, a bit ahead of his time

We remember Senator Barry Goldwater for two reasons:

First, he lost a huge landslide in 1964 but he did carry 6 states; and,

Second, he gave birth to the conservative movement.

This is a book about the 1960's, or before the conservative storm.

The show goes on, as they say

Uranium probe coming?

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Will AG Sessions be starting the uranium probe?   

This is from news reports:  
On the orders of Attorney General Jeff Sessions, Justice Department prosecutors have begun asking FBI agents to explain the evidence they found in a now dormant criminal investigation into a controversial uranium deal that critics have linked to Bill and Hillary Clinton, multiple law enforcement officials told NBC News.
Let's see where this investigation goes!

We learned about this in "Clinton Cash".

January 2005: The election in Iraq or ballots vs bullets

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The Iraqi people showed up.  It did not turn Iraq into a perfect democracy but people showed up to vote.

That's a major victory in itself.

May 2005: We were talking about Iran and North Korea, too!

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A few days ago, I caught some posts from 2005.     Guest what?   We were talking about North Korea and Iran 12 years ago.

The leaders had different names but the problems are the same.

The Notes: Ronald Reagan's Private Collection of Stories and Wisdom

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Over time, I've grown to admire President Reagan a lot.    I loved him as a president but now it's the statesman in President Reagan that I love.  

This is why I enjoy reading everything new about the 40th president, such as this recent book:

Trump won.....get over it!

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The election is over. It's time to govern!

We are now in the 13th month of the "Why Hilary Clinton lost" episodes.    The Democrats have promoted every theory, from some silly Russia collusion conspiracies to this and that. 
No one has said the obvious: Trump won and we have another presidential election in 2020! 

Move on please!

GDP growth in the last quarter was 3.2%.

Raul Castro will hang around for a couple of more months

A bad day for high-tax Democrat states

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The Democrats are hysterical about the Trump tax reform.    Maybe you'd be hysterical too if someone was about to blow up your little kingdom.    

For years, high-tax states benefited by passing the cost to the rest of the country, or allowing their residents to "write off" their state taxes on their IRS return.   

In other words, the real losers of Trump tax reform are the state legislatures in California and Illinois, as we see in this article by James Piereson:   
The new tax legislation approved this week by Congress and to be signed by President Trump includes a provision that will cap the deduction for state and local taxes (SALT) at $10,000 per household. (Businesses will still be allowed to deduct those taxes as business expenses.) 
The other provisions of the tax bill—especially the corporate tax rate cut—should encourage investment in the United States and spur faster economic growth. 
But the cap on state and local deductions may be the most significant in terms of its potential political consequences.
Correct!   The "blue model" will now require its citizens to pay the real cost of government.    My guess is that you will see an exodus of taxpayers and businesses unless they change their approach to governing.

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An FBI agent talking about an insurance policy?

2017: A good report card for Trump & the courts

Second defector in a very short time?

2005: ARod hit # 400 and then everything turned....

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Back in July 2005, ARod hit his 400th home run.    He became the youngest player to do so.

Back then, he was a good bet to challenge Aaron or at the very least go over 700 HR's.

Unfortunately, A-Rod's career took an ugly turn later.     His achievements were stained and probably won't get him in The Hall of Fame.

Trump tax reform and approval ratings

Sad to see Senator Manchin get pushed around by the Democrat Senate leadership

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Senator Manchin of West Virginia has always portrayed himself as a moderate Democrat, or someone who represents a state that Mr. Trump won by 20-plus points.   Unfortunately, someone persuaded him to oppose the Trump tax cuts.

To make matters more confusing, Senator Manchin went on a local radio station and said this:   
Sen. Joe Manchin, D-W.Va., on Wednesday struggled to explain his opposition to the Republican tax overhaul, conceding in a local radio interview that it contains “some good things” that could benefit his state.
The $1.5 trillion package that cleared Congress along party lines on Wednesday is broadly unpopular, according to the polls, and could still cause headaches for Republicans in 2019. But Manchin is running for re-election in a red state where President Trump won overwhelmingly and remains popular, making the Democrat's opposition to the bill problematic.
“There’s some good in this bill. I acknowledge that,” Manchin said, when West Virginia radio talk show host Hoppy Kercheval asked the senator why he opposed legislation that will benefit the “vast majority” of taxpayers and businesses in the state.
“The things that you mention are correct. Initially people will benefit and see some changes in their taxes,” Manchin admitted.
Makes no sense!   Maybe Senator Manchin is planning to retire.   How else do you explain such a confusing answer?

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