Category Archives: President
Degrade and Destroy
This week he said he would “degrade and destroy” those same head sawing barbarians. Moments later he dialed that back, saying he would reduce ISIL to a “manageable problem“.
Just to keep things interesting Joe Biden vowed to chase them to the gates of hell.
Daniel Henninger of the WSJ (you should get a one-time pass) thinks Obama believes America’s real enemies are the unmanageable, “ideologically rigid, anti-science” congressional Republicans.
President Obama doesn’t have a strategy. The Washington Post editorial board calls him the “can’t do president“.
One thing the president can do is raise funds. He’s spending his holiday week-end doing just that for Democrats. He’s not alone on the fundraising circuit. Jimmy Carter will be hosting Hamas at a dinner in Detroit with the Islamic Society of America.
Beware the Attack Rabbit
Jimmy Carter’s troubled presidency jumped the shark when an attack rabbit evaded security and tried to whack him in a fishing boat. John Kass in the Chicago Tribune thinks Obama has reached the bunny hop threshold. (Here’s a link but you may have to subscribe.)
As a Canadian operation, Burger King will still have to pay US corporate taxes on earnings inside the United States. But earnings outside the US will only be taxed at the rate of the country where they occur. US companies have to pay taxes in the countries where they operate and also must pay IRS the difference between those rates and the US rate. The Obama administration calls this economic patriotism.
Burger King’s move is called a tax “inversion”. Matt Levine gives a great explanation in this Bloomberg article.
The US corporate rate, including state and local taxes comes to about 40%. That’s the highest in the world outside the Islamic State jizya. Roberto A. Ferdman provides a nice chart in the Washington Post showing the tax rates of the 34 OECD countries.
The nominal corporate tax rate in the U.S., which combines national, state, and city-level tax rates, is nearly 40 percent—the highest across all 34 Organization for Economic Cooperation and Development (OECD) member countries. Canada’s, by comparison, is just over 26 percent.
If you can indict a ham sandwich I guess you can indict Rick Perry.
The indictment by a special prosecutor criminalizes the intent of a political act. The act in question is the Texas governor’s use of his veto power as a threat against a political opponent.
That’s what governors do. They veto stuff. And it’s usually stuff their political enemies want. In this case that would be Rosemary Lehmberg’s job. She runs the Public Integrity Unit and Perry wants her to step down since she was convicted of drunk driving. As a prod he vetoed her $7.5 million budget.
The indictment is being mocked by some people who are unlikely to vote for Perry if he runs for president. Alan Dershowitz , Johnathan Chait, and the New York Times editorial page, all make that list.
Perry on Rye
One holdout, Jeffrey Toobin in The New Yorker, says prosecutors have broad discretion and Perry may just be out of luck. Mustard or mayo?
When President Obama is not saying “the Bear is loose”, as he pretends to break the bonds of his keepers, he likes to say he “doesn’t do stupid shit”. Not doing stupid shit seems to be the Obama Doctrine. (I changed “shit” to “stuff” in the cartoon to get it in the newspaper. Harry Truman wouldn’t have given a shit:
Reportedly, at a speech to a Washington garden club, he kept referring to the fact that flowers need manure. Now, in those days, even the word “manure” was a little extreme for such ladies, and afterwards one complained to Mrs. Truman. “Can’t you get the President to say ‘fertilizer?’” “Heavens, no,” Mrs. Truman replied “It took me twenty-five years to get him to say ‘manure’.”)
Anyway, with 2016 approaching, Hillary decided to put some daylight between herself and Barack I. In an interview with Jeffrey Goldberg in Atlantic, the former secretary of state said, “Great nations need organizing principles. “Don’t do stupid shit” isn’t an organizing principle.”
Obama’s response? “That’s horse shit!”
Dana Milbank accuses our fecund fecal minded ruler of going on vacation “while the world burns”. “If not in the category of “stupid “stuff” it could fall under the heading of tone deafness.”
Even Obama agrees.