Vol 1. No. 25.Baltimore, MD  Sat September 04th 2010GIVING YOU THE NEWS THE MSM IGNORES 
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O's can't rally after Millwood's shaky start
O's can't rally after Millwood's shaky start

Hernandez to pitch for Bowie on Saturday
Hernandez to pitch for Bowie on Saturday

Tillman to start Sunday for O's against Rays
Tillman to start Sunday for O's against Rays

Jones out of lineup; no timetable on his return
Jones out of lineup; no timetable on his return

Four-run rally can't mask defensive miscues
Four-run rally can't mask defensive miscues

Jones gets cortisone shot in ailing shoulder
Jones gets cortisone shot in ailing shoulder

Orioles not ready to shut down Simon yet
Orioles not ready to shut down Simon yet

Matusz, Hudson nab Rookie of Month honors
Matusz, Hudson nab Rookie of Month honors

Jones exits with back soreness
Jones exits with back soreness

Early voting starts smoothly in area
Voters like convenience and speed

Charlotte McDowell usually has to set aside a few hours to vote, but she hoped that voting early would be somewhat faster. This morning, she and others praised Maryland's first-ever experience with early voting as a great time-saver.




Violetville school community celebrates opening of new building
City, state leaders hold celebration for first new city school building since 1998

State and local leaders joined the community of Violetville Elementary/Middle School on Thursday to celebrate the opening of the school's brand-new building, which is the first new school facility to be constructed in Baltimore in more than a decade.




Hurricane Earl briefly batters Ocean City
Swimming prohibited as surf rises; beautiful weekend expected

Swimming prohibited as winds, waves strengthen




Md. college student collapses while playing volleyball, dies
Freshman collapsed while playing volleyball

Barely three months ago, Catherine "Catie" Carnes and her friends were celebrating their graduation from McDonogh School.




State: Doctor performed abortions without license
Three weeks ago, physician Steven Brigham led a car caravan of patients from his Voorhees, N.J., abortion clinic to his facility in Elkton. After one of the patients was critically injured during her surgery there, Brigham put the semiconscious, bleeding woman into the back of a rented Chevrolet Malibu and drove her to a nearby hospital emergency room rather than call an ambulance.




Columbia Association considers more funds to dredge lake
Project may get half the needed cash

The Columbia Association is moving toward approving half the additional money needed to dredge Lake Kittamaqundi to the depth originally planned after heavy storms in the past four years dumped unexpectedly high levels of silt into it.




Md. fisherman pulls 8-foot shark from Potomac River
A St. Mary's County fisherman says he pulled an 8-foot shark from the mouth of the Potomac River.




La Plata teenager dies of injuries sustained in dirt bike crash
The Charles County sheriff's office says a La Plata teenager has died of injuries suffered in a dirt bike crash.




Woman killed in triple shooting in city's Mill Hill neighborhood
A 30-year-old woman was killed in a triple shooting Thursday night in Southwest Baltimore, a police spokesman said.



Comments about Baltimore Reporter:

Perhaps the best part of blogging or the internet in general is the occasional discovery of something unexpected.Over on Baltimore Reporter and Conservative Thoughts is a great and thought provoking article by Robert Farrow.I hope you will follow this link and read this great post.

from conservativecontracts.com


I love your blog

Once again - as happens so often - I have been positioned here on the living room couch, immersed in your blog. You are better than Fox News.

Kevin Dayhoff



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4/17/2008

Obama’s Plan To Tax Capital Gains
Filed under: — Robert Farrow @ 9:34 pm

Crossposted from Flopping Aces

Check out this segment of the debate last night which depicts quite clearly just how ignorant Obama is on how an economy works. It’s a basic concept really, revenue goes up for the government by lowering taxes. Here he is asked why he would consider raising the tax rate on capital gains when revenue has always gone up for the government when its lowered:

MR. GIBSON: All right.

You have however said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, “I certainly would not go above what existed under Bill Clinton, which was 28 percent.”

It’s now 15 percent. That’s almost a doubling if you went to 28 percent. But actually Bill Clinton in 1997 signed legislation that dropped the capital gains tax to 20 percent.

SENATOR OBAMA: Right.

MR. GIBSON: And George Bush has taken it down to 15 percent.

SENATOR OBAMA: Right.

MR. GIBSON: And in each instance, when the rate dropped, revenues from the tax increased. The government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

SENATOR OBAMA: Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness. We saw an article today which showed that the top 50 hedge fund managers made $29 billion last year — $29 billion for 50 individuals. And part of what has happened is that those who are able to work the stock market and amass huge fortunes on capital gains are paying a lower tax rate than their secretaries. That’s not fair.

And what I want is not oppressive taxation. I want businesses to thrive and I want people to be rewarded for their success. But what I also want to make sure is that our tax system is fair and that we are able to finance health care for Americans who currently don’t have it and that we’re able to invest in our infrastructure and invest in our schools.

And you can’t do that for free, and you can’t take out a credit card from the Bank of China in the name of our children and our grandchildren and then say that you’re cutting taxes, which is essentially what John McCain has been talking about. And that is irresponsible.

You know, I believe in the principle that you pay as you go, and you don’t propose tax cuts unless you are closing other tax breaks for individuals. And you don’t increase spending unless you’re eliminating some spending or you’re finding some new revenue. That’s how we got an additional $4 trillion worth of debt under George Bush. That is helping to undermine our economy, and it’s going to change when I’m president of the United States.

MR. GIBSON: But history shows that when you drop the capital gains tax, the revenues go up.

SENATOR OBAMA: Well, that might happen or it might not. It depends on what’s happening on Wall Street and how business is going. I think the biggest problem that we’ve got on Wall Street right now is the fact that we’ve got a housing crisis that this president has not been attentive to and that it took John McCain three tries before he got it right.

And if we can stabilize that market and we can get credit flowing again, then I think we’ll see stocks do well, and once again I think we can generate the revenue that we need to run this government and hopefully to pay down some of this debt.

So let me get this straight. Obama acknowledges that revenue “may” go down (no may…it does) but Obama wants to set tax policy because 50 individuals made 29 billions dollars. Nevermind that they paid 5 billion in taxes….that doesn’t matter. No, its all about being “fair.”

When it comes down to brass tacks its about getting even with the rich.

also:

The Arrogance of Obama

Last night’s debate cemented the fact that he is unqualified for and ill-prepared to be President!

As Curt pointed out earlier, the Obamatons were all whining like spoiled brats today! “Wah! Wah! Wah! the debate was sooo unfair to Obama!” Obama got hit hard last night in the presidential debate in Philadelphia with repeated questions that go to the heart of his character. And Democrats called that “trivial?” You would think after realizing how bamboozled they were by the Clintons, which some of them have only recently discovered, they would be loathe to make the same mistake again.

But then, YOU, dear reader (most of you anyway) would think. That’s a skill not yet required by the Obamatons.

The whining that most Obamatons engaged in today seemed to be based on orders from headquarters as the candidate himself engaged in yet another of his now famous variations of “if you dare to question me, you’re creating a distraction from the issues.”

He said:

“Last night, I think we set a new record because it took us 45 minutes before we even started talking about a single issue that matters to the American people. It took us 45 minutes!”

“Forty-five minutes before we heard about health care. Forty-five minutes before we heard about Iraq,” he continued. “Forty-five – 45 – minutes before we heard about jobs. Forty-five minutes before we heard about gas prices.”

Obama Doesn’t Get It!

What the arrogant and defensive Obama doesn’t seem to understand is that Americans won’t trust him to address these other issues that he claims to care so passionately about if we can’t be certain about his character. And up to now we haven’t learned very much about the man except that he gives great speeches (sometimes) and people swoon.

We sure can’t hand the keys to the White House over to a man who insists that we have no business inquiring into his character.

Especially when what we have learned thus far about his background leads many of us to have deep suspicions.

And here’s a counterpoint video which should drive home the matter:

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