Daily Archives: March 12, 2009

Mar 12 2009

Documents: Grand Jury Subpoenas of Federal Investigation of Former Illinois Gov. Rod Blagojevich * Obama Advisors Listed

The documents include federal subpoenas issued to Governor Blagojevich’s office related to a number of individuals connected to President Obama and the national Democratic party, including:

Valerie Jarrett: Once labeled “the other side of Barack Obama’s brain” by CBS news, Jarrett remains a close advisor to President Obama. Obama recently tapped Jarrett to chair his newly formed White House Council on Women and Girls. Jarrett was widely rumored to be a candidate to take over Obama’s senate seat.
David Axelrod: Axelrod, Obama’s top campaign strategist, now serves as a senior White House advisor. During the campaign, when asked about the search for a replacement for Obama’s Senate seat, Axelrod told Fox News Chicago, “I know [Obama has] talked to the governor and there are a whole range of names, many of which have surfaced, and I think he has a fondness for a lot of them.” He later retracted the statement.
David Wilhelm: Wilhelm, a former Chairman of the Democratic National Committee and campaign strategist for Bill Clinton, served as an informal advisor to the Obama campaign. He was also a superdelegate to the 2008 Democratic National Convention.
J.B. Pritzker: Obama named Mr. Pritzker’s sister, Penny, to serve on his recently formed 15-member Economic Recovery Advisory Board. Penny Pritzker previously served as the Obama campaign’s National Finance Chair.
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My Mom always said dirt would come out in a wash! She was right!

LINKS:

(1) Hmmm: Obama technology official’s office raided by FBI; employee charged in bribery sting

(2) Laughingstock: President Doom does a 180, cancels fear-mongering

Mar 12 2009

Corporations Leave US For Low-Tax Switzerland

A wave of energy companies have announced plans to move to Switzerland.
The tidy towns and mountain vistas of Switzerland are an unlikely setting for an oil boom.

Yet a wave of energy companies has in the last few months announced plans to move to Switzerland mainly for its appeal as a low-tax corporate domicile that looks relatively likely to stay out of reach of Barack Obama’s tax-seeking administration.

In a country with scant crude oil production of its own, the virtual energy boom has changed the canton or state of Zug, about 30 minutes’ drive from Zurich, beyond all recognition. Its economy was based on farming until it slashed tax rates to attract commerce after World War Two.

Over the past six months companies including offshore drilling contractors Noble Corp and Transocean, energy-focused engineering group Foster Wheeler and oilfield services company Weatherfield International have all announced plans to shift domicile to Switzerland.Read More

Good job Obama, the liberals should be proud of your work on forcing companies out of the Country!

LINKS:

(1) Head of Procter & Gamble blasts Obama tax proposal would cost American jobs & Higher Prices for consumers

(2) Obama’s border talk: I call bull

Mar 12 2009

A wave of US companies are suspending payments to their staff 401(k) retirement plans

A wave of US companies are suspending payments to their staff 401(k) retirement plans in a bid to cut costs amid the economic downturn.

Saks, General Motors, newspaper group McClatchy, clothing company J.Crew, FedEx, UPS, Coca-Cola Bottling, Reader’s Digest, Motorola, Regions Financial and Sprint Nextel are among the growing list of companies which have suspended contributions in recent months. Read More

This will be hurting retirees and if Obama raises the Capital Gain Taxes it will cause many more of these companies to cut cost to save money. Companies do not pay taxes, we the people pay them in higher prices and lost of benefits which will hurt the poor as well as the middle class Americans!

LINKS:

(1) Obama’s border talk: I call bull