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Posts Tagged ‘Source’

Dems Reluctant to Allow Taxes on Rich to Rise

September 2nd, 2010 Arab News No comments

AP says more Democrats are reluctant to allow taxes to rise on the rich.

It is a matter of despair to me that the constituents of these Democrats don’t put their feet down on this issue. Allowing tax rates on the rich to go back to Reagan-era levels will not derail the economic recovery. What, are they going to cut back on their yacht-buying? Some heiresses seem to be sending the extra money they save on paying taxes down to Colombia for coke, which doesn’t exactly help the US economy.

And, you can’t be for fiscal discipline or for a balanced budget and also be in favor of lower taxes on the super-wealthy. This analysis made the rounds in the blogosphere, but it is worth reprinting the conclusion of the Center on Budget and Policy Priorities.

The fact is that the Bush tax cuts for the super-wealthy are the main reason for the large size of our current budget deficits, and if the cuts weren’t abolished, they would go on bankrupting government into the distant future.

A tax cut on the rich is a way of stealing from the middle class.

Their chart is eloquent. Is it that the public doesn’t know how to read it?

The tax cuts dwarf the wars and make TARP and the stimulus packages look minuscule as a source of the federal budget deficit.

So, voters, put some steel in the spines of the Democrats.

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More occupying encroachers hurt in Palestine, as talks continue on the Potomac …

September 2nd, 2010 Arab News No comments

Hamas among intractable issues in Mideast talks (AP)

September 2nd, 2010 Arab News No comments

Secretary of State Hillary Rodham Clinton looks on as Palestinian President Mahmoud Abbas, right, and Israeli Prime Minister Benjamin Netanyahu shake hands as she hosts the re-launch of direct negotiations, Thursday, Sept. 2, 2010, at the State Department in Washington. (AP Photo/Charles Dharapak)AP – To relaunch Middle East peace talks on Thursday, the Israeli and Palestinian leaders and their American mediators quietly agreed to push aside the question of Hamas — the Islamic militant group that controls one of the two Palestinian territories and rejects negotiations.

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Astronomy workshop for UAE kids during Ramadan

September 2nd, 2010 Arab News No comments

More than 6,000 children took part in a month-long workshop on astronomy that was organised in Abu Dhabi to encourage youngsters to learn science.
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Bid for Middle East peace begins

September 2nd, 2010 Arab News No comments

The US Secretary of State tells the Israeli and Palestinian leaders they have the “opportunity to end this conflict” as direct peace talks begin.
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Jolie Appeals for Pakistan Aid as Flood Refugees Return

September 2nd, 2010 Arab News No comments

Hamas says will continue attacks on Israelis (Reuters)

September 2nd, 2010 Arab News No comments

Reuters – Hamas said on Thursday its militants would keep on attacking Israelis and denounced peace talks between Israel and the West Bank-based Palestinian government due to start in Washington later in the day.
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White House Peace Talks: Will Mitchell Find Success? (Time.com)

September 2nd, 2010 Arab News No comments

Time.com – For President Obama’s Middle East special envoy, George Mitchell, it has taken 18 months to get the Israelis and the Palestinians to sit down for peace-process talks. Even if they go well, will he finally get credit?
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Netanyahu seeks historic compromise in Middle East

September 2nd, 2010 Arab News No comments

Israeli Prime Minister Benjamin Netanyahu promised Wednesday to seek a 'historic compromise' between Israelis and Palestinians that would lead to a peaceful resolution of the long-simmering Middle East conflict.
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Netanyahu sparks ‘cautious hope’ at peace talks (AFP)

September 2nd, 2010 Arab News No comments

AFP – Israeli Prime Minister Benjamin Netanyahu vowed to forge a “historic” peace with the Palestinians Wednesday, injecting cautious hope into US President Barack Obama’s long-odds Middle East talks.

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