He likes the letter "T" as in Trillion and Taxes.
President Obama's budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals.
1) On people making more than $250,000.
$338 billion - Bush tax cuts expire
$179 billlion - eliminate itemized deduction
$118 billion - capital gains tax hike
Total: $636 billion/10 years
2) Businesses:
$17 billion - Reinstate Superfund taxes
$24 billion - tax carried-interest as income
$5 billion - codify "economic substance doctrine"
$61 billion - repeal LIFO
$210 billion - international enforcement, reform deferral, other tax reform
$4 billion - information reporting for rental payments
$5.3 billion - excise tax on Gulf of Mexico oil and gas
$3.4 billion - repeal expensing of tangible drilling costs
$62 million - repeal deduction for tertiary injectants
$49 million - repeal passive loss exception for working interests in oil and natural gas properties
$13 billion - repeal manufacturing tax deduction for oil and natural gas companies
$1 billion - increase to 7 years geological and geophysical amortization period for independent producers
$882 million - eliminate advanced earned income tax credit
Total: $353 billion/10 years
Bushels of Bibles for Pa. lawmakers
With the state sinking deeper into a fiscal hole, the Pennsylvania General Assembly bought 220 Bibles and other holy books for legislators as they took the oath of office last month. And the public paid for them - roughly $13,700 in all. Read More
Pa. taxed, maxed to the limit - residents
Seven in 10 Pennsylvanians overwhelmingly oppose Gov. Ed Rendell's proposal to allow counties to levy another 1 percent sales tax as well as his plan to consolidate the state's school districts, according to a Tribune-Review poll released today. Read More
Pa.-style politics go on trial with Fumo
Many in the Capitol and across the state are watching Courtroom 17-A on Market Street in Philadelphia, where the federal corruption case against former Senate power broker Vincent Fumo goes to a jury within days. Read More
Regulators Dredging up Trouble for Western Pennsylvania
Pennsylvania’s Fish and Boat Commission is planning to expand the threatened and endangered species list to include five new freshwater mussels. By so doing they will effectively halt sand and gravel extraction on the Allegheny and Ohio rivers and create substantial negative impacts on the region’s economic and environmental health. Continue
Fiscal Irresponsibility Reigns in Pittsburgh as Well as in Washington
Despite the stumbling economy and rising concerns over government budget shortfalls, political leaders are still planning to throw substantial sums of taxpayer money at projects that should be built with private financing. Two examples locally illustrate how public money is being used to develop bigger and glitzier projects than would have been developed with private funds—if they could be justified at all. Continue
RD SUMMERS TRIBUTE SHOW AVAILABLE ONLINE
Last Sunday night I reunited with the gang from 3WS on air to pay tribute to the lat great R.D. Summers who hosted the popular "Sunday Night Diner" show for the past 19 years.I started my radio career producing RD's show "The Sunday Night Oldies Diner" on 95.4FM 3WS in Pittsburgh. He taught me much of what I know about radio, and we shared a passion for oldies and doo-wop music.
The entire 3 hour broadcast filled with celebrities and great music is available online.
The Diner Tribute, February 22, 2009
Jim Merkel, Mike Frazer, Theresa Colaizzi, Sheri Van Dyke, Bob Benedik, and Jim & Shaun Pierce host a Tribute To RD Summers..
7pm Hour
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7pm Hour
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A Papal Spanking for Pelosi
Pope Benedict XVI received Nancy Pelosi, one of the most prominent abortion rights politicians in America, and told her Wednesday that Catholic politicians have a duty to protect life "at all stages of its development." The U.S. House speaker, a Catholic, was the first top Democrat to meet with Benedict since the election of Barack Obama, who won a majority of the U.S. Catholic vote despite differences with the Vatican on abortion.
On his fourth day in office last month, Obama ended a ban on funds for international groups that perform abortions or provide information on the option - a sharp policy change from former President George W. Bush's Republican administration.
The Vatican's attempts to keep the Pelosi visit low-profile displayed its obvious unease with the new U.S. administration. Benedict and Bush had found common ground in opposing abortion, an issue that drew them together despite their differences over the war in Iraq.
Wednesday's meeting, in a small room off a Vatican auditorium after the pope's weekly public audience, was closed to reporters and photographers. I would have loved to see her face!
Consider yourself warned Ms. Pelosi. You can be Catholic only when it convenient.
Obama Honeymoon Over
Things are about to get really ugly in America and we only have ourselves to blame. We elected an fictional character and now that the real guy is in office for the next 4 years, reality bites.
The revolt was caught on video:
Inflation at the wholesale level surged unexpectedly in January, reflecting sharply higher prices for gasoline and other energy products.
The revolt was caught on video:
Inflation at the wholesale level surged unexpectedly in January, reflecting sharply higher prices for gasoline and other energy products.
The Labor Department said Thursday that wholesale prices increased by 0.8 percent last month, the biggest gain since last July and well above the 0.2 percent increase that economists had expected.
The acceleration was led by a 3.7 percent surge in energy prices with gasoline prices jumping by 15 percent, the biggest gain in 14 months.
Rendell -- T work 'tragic mistake'
The Port Authority's North Shore Connector is a "tragic mistake," Gov. Ed Rendell said.
Pitched to federal authorities in 2003 as a $362 million project to extend the T under the Allegheny River, it now is expected to cost about $553 million. That's as much as Rendell is seeking for college tuition aid for 170,000 students and is $117.8 million more than the Port Authority can pay.
"I wish the project had never started," Rendell said during an appearance at Community College of Allegheny County. "There's so many ways that money could've been applied to the transportation needs of this region in a more beneficial fashion. It's gone down the road now, and I guess you've got to finish it, but it's a tragic mistake."
No S*#! Sherlock!
Pa. Republican offers "gambling-fee" tax plan
A Republican state senator is offering a "gambling-free" alternative to Gov. Rendell's proposal that video poker be legalized and taxed to help students pay for tuition at community colleges and some state schools.
Read More
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Fiscal Irresponsibility Reigns in Pittsburgh as Well as in Washington
Despite the stumbling economy and rising concerns over government budget shortfalls, political leaders are still planning to throw substantial sums of taxpayer money at projects that should be built with private financing. Two examples locally illustrate how public money is being used to develop bigger and glitzier projects than would have been developed with private funds—if they could be justified at all. Continue
Farewell to a Friend: RD Summers passes
I was driving home when I got the call. RD Summers, long time host of the Sunday Night Oldies Diner passed away suddenly in his sleep.I guess if you have to go that's not a bad way.
Tom (RD to most) was a good friend. I spent four years producing the oldies show on 3ws with him. He gave me a chance to learn radio. Many of the songs you would hear came from our own collections that we would lug into the station every weekend. My father took over producing for awhile when I left the station. I remember hanging out backstage with RD at the Root of Rock and Roll shows surrounded by the who's who of oldies. Tom was even in my wedding party and while I didn't see much of him in the later years he was always a good friend.
My deepest sympathy goes out to his Mother and family and the Pittsburgh oldies fans who knew and loved him.
We always had fun and you will be missed Tom. I raise a Black Velvet and Coke to you.
Thomas L. Renkenberger, 60, of Virginia Ave., Rochester, passed away Sunday, February 15, 2009, peacefully in his sleep.
He was born January 12, 1949, in Rochester, and was the son of Lenora Chambers Rubeis and the late Thomas F. Renkenberger. He was a well known DJ going by Rinky Dink and RD Summers and worked for 3WS.
In addition to his mother, he is survived by a sister, Marie 'Mimi' Hinzy, Rochester Township; a niece, Kerry, a number of aunts and uncles, including Juanita Webb and Mr. and Mrs. Pete Chambers, Brighton Township, numerous cousins, including special cousins Sue and Gary Matsook, and many friends.
Friends will be received Tuesday from 2 to 4 and 6 to 8 p.m. in the TODD FUNERAL HOME, 340 Third St., Beaver, where a funeral service will be conducted Wednesday at 11 a.m. by Rev. Gary Wackler of the First Christian Church of Beaver, officiating.
Interment will be in Beaver Cemetery.
Pennsylvania’s Largest Municipal Pension Plans in Serious Trouble
New data from the state’s Public Employee Retirement Commission (PERC) provides the 2007 actuarial valuations and other related statistics (membership, number of plans, etc.) on Pennsylvania’s local government pension plans. There are over 3,100 pension plans administered at the county, municipal, and authority level. Continue
Obama Close to Selecting Child Porn Lawyer Ogden
And the hits just keep on coming......
The Senate was expected to have voted on Ogden after a committee hearing last week, but the vote has been delayed until after the Senate's recess next week. Full Story
Pro-Abortion Nancy Pelosi to Meet Pope
Reports have surfaced that House Speaker Nancy Pelosi, a self-avowed "Catholic" adamant abortion supporter, intends to head a delegation to Euope that will meet with Pope Benedict XVI.
According to Il Tempo, Pelosi will arrive in Rome Sunday afternoon, her first visit to the city since becoming Speaker of the House. It has not been determined when Ms. Pelosi plans to meet the Pope.
Speaker Pelosi has drawn severe criticism from Catholic leaders for her misrepresentation of Catholic doctrine in light of her extreme pro-abortion position.
In a Meet the Press appearance last August, Pelosi justified her support for abortion despite professing Catholicism by saying that "the doctors of the Church haven't been able to make that definition" on whether life begins at conception.
"The point is, is that it shouldn't have an impact on the woman's right to choose," she continued. "This isn't about abortion on demand, it's about a careful, careful consideration of all factors and - to - that a woman has to make with her doctor and her god."
In September Pelosi's bishop, Archbishop Niederauer of San Francisco, invited her to discuss witih him the abortion issue. Pelosi stated she would "welcome the opportunity," but there is no report of Pelosi having yet scheduled a meeting with the archbishop.
Fr. Tom Euteneuer, president of Human Life International (HLI), told LifeSiteNews.com that HLI will be briefing the Vatican "so they are aware of her dismal record on life issues.
"It is our hope that the Holy Father will not grant the floundering Speaker of the House what she surely wants and expects, a quick and valuable photo-op, but will rather give her a stern lecture on contraception and abortion and let her know that her eternal salvation is in danger," said Fr. Euteneuer.
"Further, this would be the perfect opportunity to formally excommunicate the Speaker, as she has done everything a public official possibly can to declare her lack of communion with the Holy Father and the Roman Catholic Church on every conceivable issue."
According to Il Tempo, Pelosi will arrive in Rome Sunday afternoon, her first visit to the city since becoming Speaker of the House. It has not been determined when Ms. Pelosi plans to meet the Pope.
Speaker Pelosi has drawn severe criticism from Catholic leaders for her misrepresentation of Catholic doctrine in light of her extreme pro-abortion position.
In a Meet the Press appearance last August, Pelosi justified her support for abortion despite professing Catholicism by saying that "the doctors of the Church haven't been able to make that definition" on whether life begins at conception.
"The point is, is that it shouldn't have an impact on the woman's right to choose," she continued. "This isn't about abortion on demand, it's about a careful, careful consideration of all factors and - to - that a woman has to make with her doctor and her god."
In September Pelosi's bishop, Archbishop Niederauer of San Francisco, invited her to discuss witih him the abortion issue. Pelosi stated she would "welcome the opportunity," but there is no report of Pelosi having yet scheduled a meeting with the archbishop.
Fr. Tom Euteneuer, president of Human Life International (HLI), told LifeSiteNews.com that HLI will be briefing the Vatican "so they are aware of her dismal record on life issues.
"It is our hope that the Holy Father will not grant the floundering Speaker of the House what she surely wants and expects, a quick and valuable photo-op, but will rather give her a stern lecture on contraception and abortion and let her know that her eternal salvation is in danger," said Fr. Euteneuer.
"Further, this would be the perfect opportunity to formally excommunicate the Speaker, as she has done everything a public official possibly can to declare her lack of communion with the Holy Father and the Roman Catholic Church on every conceivable issue."
No Time to Read
The so called stimulus bill is now at 1000 pages plus and according to many congresspeople and senators they will not have time to read the entire bill before voting on it.
Nancy Pelosi is in a rush to go to Italy so she is pushing the early vote.
Can you believe that these so called Representatives are going to put the future of this country in peril without reading and more importantly understanding the bill? They are all a disgrace to the office they hold.
PA Senator Specter said he is afraid of the current condition of the country so he is going to vote for a bill that he hasn't read. What a joke.
Senator Casey is walking lock step with the Democrats which is as expected.
I urge you to hold your Representatives accountable. Write them, call them, confront them, and for the most part vote against them the next time you are in the voting booth.
Nancy Pelosi is in a rush to go to Italy so she is pushing the early vote.
Can you believe that these so called Representatives are going to put the future of this country in peril without reading and more importantly understanding the bill? They are all a disgrace to the office they hold.
PA Senator Specter said he is afraid of the current condition of the country so he is going to vote for a bill that he hasn't read. What a joke.
Senator Casey is walking lock step with the Democrats which is as expected.
I urge you to hold your Representatives accountable. Write them, call them, confront them, and for the most part vote against them the next time you are in the voting booth.
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