Forced To Read Truth

Dissociated from reality, the Current White House Occupant continues demonstrating how mentally deranged he truly is.

Just totally unhinged.

I’ve written previously that the phrase “the pathology of the American presidency” is something which I never imagined thinking, or saying, much less writing.

And yet, here we are.

The so-called “mainstream media” remains entirely too kind to the sitting President, by steadfastly refusing to call him a liar. Instead, what we get

UAH Professor Killer Amy Bishop Pleads Guilty

The reader should understand: The cost of trying capital cases – cases in which the penalty is, or may be death – are EXCEEDINGLY more expensive than any other case, simply because of the numerous levels of mandatory appeals. Thus, by pleading guilty, and spending the rest her natural life behind bars – without the possibility of parole, and being given humane healthcare – the District Attorney, Amy Bishop and her defense attorneys have saved Madison County, Huntsville, and the State of Alabama many MILLIONS of tax dollars.

That is true, even given that she may live perhaps another 40 years – though that is highly unlikely, simply because incarceration exacts a physical toll upon a person’s life, shortening it by many years. Estimating a cost of $20,000/year (which includes the total cost of employees to guard & manage the system, cost of operations, etc.), and supposing she lives another 40 years (which is less likely, than not) the total flat-line cost would be $800,000.

A 2004 report entitled “State Prison Expenditures, 2001” by James B. Stephan, Statistician for the Bureau of Justice Statistics, Office of Justice Programs, of the Department of Justice, found that the cost of food and medical expenses, food service & utilities cost per prisoner in Alabama was $1776. Alabama’s Average Annual Operating Cost per prisoner was $8128 – THE lowest of 50 states. Other components of cost – employee cost, salaries, wages, benefits, supplies, maintenance, contractual services, and other aspects of facility operation, etc. – account for nearly 96% of all operating costs. According to the report, of all states, Alabama has the HIGHEST per-prisoner cost of utilities as a percentage of operating expenditure, at 5.7%. Perhaps it’s time to rethink solar, wind and other sources of renewable energy?

—

Sep 11, 3:15 PM EDT

Ex-prof pleads guilty to killing Ala. colleagues

HUNTSVILLE, Ala. (AP) — An ex-professor pleaded guilty Tuesday to fatally shooting three colleagues and wounding three others at the University of Alabama in Huntsville, court officials said.

Amy Bishop, 47, pleaded guilty to one count of capital murder involving two or more people and three counts of attempted murder. She had earlier pleaded not guilty by reason of insanity.

Amy Bishop pleads guilty to murder and attempted murder in Madison County.

Prosecutors were seeking the death penalty against the Harvard-educated Bishop and it was not immediately clear if they would drop the penalty as part of the plea deal. Sentencing will be after arguments are heard at a hearing on Sept. 24.

Prosecutors say

American tax code promotes outsourcing. Mitt Romney’s jobs plan would exploit that weakness.

The Center for American Progress is a public policy think-tank which was created by John Podesta in 2003 as an alternative to right-wing extremist think tanks such as the Heritage Foundation and the American Enterprise Institute.

You can skip the article to the conclusion, but then, if you did, you’d miss out on the rationale… which is the significant point.

Yes, there are changes to American tax policy which need to be re-examined, particularly and especially those which do not offer competitive, fair or just incentives for a win-win-win for American enterprise, the American worker, and the American economy as a whole. However, the rules that have skewed the advantage to Big Business to the exclusion of the benefit of all of America and her citizens should be re-examined and modified or eliminated as necessary.

Time and time again, history has shown that when our nation has had high personal income tax rates, our nation has prospered significantly. That’s but one proof positive that should no longer be a “sacred cow” for any political party.

Further, the “starve the monster” philosophy which has, in large part, guided the modern Republican party, even spawning the modern radical TEA Party element, is a significant departure from reality. The reason why is simple: 100 years ago, we didn’t have space travel, the Internet, computers, cell phones, the Interstate highway system and so many, many, many more things that we have now. It’s ludicrous – bordering on the insane – to imagine that as these new inventions and innovations have proliferated (themselves signs of American ingenuity & enterprise), that there would be fewer rules and regulations associated with them. The concept is really quite simple. For example, when families have more children, there are more rules to govern their actions & behaviors. It’s analogous also to saying that, as an adult, one would wear smaller clothing as an adult, then as they did when in their infancy. It’s so preposterously ludicrous as to be insane – a genuine divorce from reality.

—

Romney’s New Tax Incentive for Outsourcing U.S. Jobs

How Romney’s Plan Would Reward Foreign Outsourcing

Gov. Romney presents his plan for creating jobs and improving the economy during a speech Tuesday, Sept. 6, 2011, in Las Vegas. His argument that we must exempt the overseas profits of American companies from U.S. taxes to make them more competitive in a global economy doesn’t hold up. SOURCE: AP/ Julie Jacobson

By Seth Hanlon | July 16, 2012
Download this issue brief (pdf)

The Washington Post recently reported that some of the companies Mitt Romney’s firm Bain Capital invested in were “pioneers in the practice of shipping work from the United States to overseas call centers and factories.” Even more troubling than his business record is his platform as Republican presidential candidate, which includes a policy that would encourage and further accelerate the outsourcing of American jobs to foreign countries.

The former Massachusetts governor would make U.S. corporations’ overseas profits exempt from U.S. taxes. These profits are already treated favorably under the tax code compared to corporate profits that are earned and reported domestically, creating an inefficient bias toward investment offshore. The favorable treatment of profits that are reported offshore also creates rewards for corporations that shift profits (on paper) out of the United States to foreign countries, including tax havens such as Bermuda and the Cayman Islands.

Romney’s proposed exemption for foreign profits would exacerbate the worst features of our current tax system. It would: