Readthisorelse's Blog

Another nail in the coffin, Sotomayor Adds Celebrity Element to High Court

Posted in obama by readthisor on November 18, 2009

I don’t think she can be an impartial judge. I wouldn’t want Paris Hilton determining my fate! Another nail in the coffin.
Story from The Associated Press:
Since becoming the first Hispanic U.S. Supreme Court justice, Sonia Sotomayor has mamboed with movie stars, exchanged smooches with musicians at the White House and thrown out the first pitch for her beloved New York Yankees. A famous jazz composer even wrote a song about her: “Wise Latina Woman.” Few Americans can name most of the justices, but Sotomayor has become a celebrity — all without having made a single major decision at the nation’s highest court.

IRS Settles With 14,700 Over Foreign Accounts

Posted in obama by readthisor on November 18, 2009

IRS Settles With 14,700 Over Foreign Accounts
The Associated Press
More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday. Also Tuesday, the IRS unveiled the criteria being used to determine which American UBS accounts will be disclosed under an August agreement to obtain names of 4,450 U.S. taxpayers believed to be hiding assets in secret bank accounts.

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obama warns that he’s spending too much money

Posted in obama by readthisor on November 18, 2009

BEIJING – President Barack Obama says he’s worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery and throw the economy into a double-dip recession.

That’s when the economy begins to recover briefly from a recession only to be dragged back under. Obama told Fox News in an interview Wednesday that his administration is weighing tax breaks that could encourage businesses to begin hiring again.

But he added that it’s important to recognize that if the nation keeps adding to deficit spending through tax cuts or more stimulus spending, at some point people could lose confidence in the U.S. economy and that could “lead to a double-dip recession.”

(Culled from http://news.yahoo.com/s/ap/20091118/ap_on_re_as/as_obama_economy )