Well, the useless nations voted today and with a vote of 138 to 9, with 41 abstentions, for nonmember state for a new country ripped from Israel called Palestine.
From the Dry Bones Blog (nice blog to check out often for sure)
UNITED NATIONS — The General Assembly voted overwhelmingly Thursday to grant Palestinians limited recognition of statehood, prompting exuberant celebrations across the West Bank and Gaza Strip and immediate condemnations from the United States and Israel.
The 193-member U.N. body voted 138 to 9, with 41 abstentions, to recognize Palestine as a “non-member observer state,” a status that falls well short of independence but provides Palestinians with limited privileges as a state, including the right to join the International Criminal Court and other international treaty bodies.
Speaking before the vote, Palestinian Authority President Mahmoud Abbas said the U.N. actions offered the only means to salvage a two-state solution to the Israeli-Palestinian conflict.
“We did not come here to delegitimize a state established years ago, and that is Israel,” he said. “Rather we came to affirm the legitimacy of a state that must now achieve its independence, and that is Palestine.”
But the United States and Israel said the Palestinian bid would complicate efforts to restart stalled Middle East peace talks. Israeli Prime Minister Benjamin Netanyahu issued a statement accusing Abbas of having “violated the agreements” between the two sides, and pledging that “Israel will act accordingly.”
“The decision at the U.N. today will change nothing on the ground,” said Netanyahu, insisting that only direct talks will confer true statehood on the Palestinians. “It will not advance the establishment of a Palestinian state; it will push it off.”
Speaking in Washington minutes after the vote, Secretary of State Hillary Rodham Clinton called the U.N. action “unfortunate and counterproductive.”
“We have been clear that only through direct negotiations between the parties can the Palestinians and Israelis achieve the peace they both deserve: Two states for two peoples, with a sovereign, viable and independent Palestine living side by side in peace and security with a Jewish and democratic Israel,” she said.
The date of the Palestinian statehood bid carries symbolic importance for both sides, coming on the anniversary of the General Assembly vote on Nov. 29, 1947, to partition British-ruled Palestine into a Jewish and an Arab state, a step that led to the creation of Israel.
Thursday’s vote exposed deep divisions within Europe over Palestinian statehood, with France, Italy and Spain supporting the Palestinians, and Germany and Britain abstaining. But the Europeans remained united in calling for Middle East peace talks to be restarted as soon as possible.
Read it all HERE.
Read all about this HERE.
Warren Buffett’s marketing efforts for Barack Obama’s class warfare campaign is despicable on two fronts. First, it does nothing to address the country’s catastrophic deficit problem:
A search at the Associated Press’s national website on Warren Buffett’s last name at about 5 p.m. ET returned two recent items which are still present there. Each item (here and here) mentions the Obama Fan of Omaha’s idea to “impose a minimum tax of 30 percent on income between $1 million and $10 million, and a 35 percent rate for income above that.” Neither mentions the pathetically small amount such a tax would raise while seriously impacting the ability of high income earners who own or run businesses to expand them — or in some cases causing them to shrink.
It’s the same at other establishment press outlets. Two recent New York Times items found in a search on Buffett’s full name (here and here, the latter item being Buffett’s own op-ed on Sunday) fail to note how little money Buffett’s proposed tax hikes would raise. So how little is “little”?
Buffett hasn’t been entirely consistent in his expressed suggestion. Earlier this year, he wanted a rate of 30%, while his recent Times op-ed suggests 35% for those earning over $10 million. James Pethokoukis estimated in April that the amount which would be raised would be about $5 billion — “although experience suggests that it won’t raise even that much.” The government currently spends $5 billion about every 12 hours, and runs an $5 billion deficit in less than two days.
You read that right: even if the truly wealthy didn’t find ways to get their money out of the U.S. or otherwise evade these taxes, the amount raised by Buffett’s brilliant plan wouldn’t pay for two days of this massive, bloated federal government’s deficit spending.
It also turns out that Buffett is hardly a model citizen when it comes to paying his own taxes:
Read it all HERE.
This is what the republicans are pissed about, and of course all right thinking Americans should be pissed off also. That obama wants, wants, wants but will not give an inch on this entire fiscal cliff thing. And of course, the democrats and their buddies are already blaming the republicans!
Obama’s opening “fiscal cliff” bid seeks debt limit hike, stimulus
WASHINGTON | Thu Nov 29, 2012 7:21pm EST
(Reuters) – The Obama administration’s opening bid on Thursday in negotiations to avert a year-end fiscal crunch included a demand for new stimulus spending and authority to unilaterally raise the U.S. borrowing ceiling, a Republican congressional aide said.
The proposal, made by Treasury Secretary Timothy Geithner to congressional Republican leaders on Capitol Hill, was seen as offering little the Republicans could agree to and was greeted with laughter, the aide said.
“We can’t move any closer to them because they’re not even on our planet,” the aide said. “It was not a serious proposal.”
Obama and congressional Republicans are returning to the bargaining table to prevent across-the board tax increases and deep spending cuts, the so-called fiscal cliff, from taking effect next year.
The president wants Bush-era tax breaks to be extended for all but the wealthiest earners, but Republicans have balked at tax hikes of any kind.
In the maiden bargaining session, Geithner, the president’s lead negotiator, proposed raising tax revenues by $1.6 trillion, congressional aides confirmed. That figure is in line with what Obama has said is necessary to achieve long-term deficit reduction of $4 trillion over 10 years.
The administration also sought at least $50 billion in new economic stimulus spending.
Obama’s negotiators also sought the ability to raise the nation’s borrowing limit unilaterally. Currently, Congress must approve an increase in the debt ceiling, and it was an impasse over that issue that brought the country perilously close to default in 2011.
The administration’s proposal would put off across-the-board spending cuts for a year.
In exchange the administration agreed to make $400 billion in spending cuts to entitlement programs, an aide confirmed.
The White House had no comment on the details of the offer.
“The only thing preventing us from reaching a deal that averts the fiscal cliff and avoids a tax hike on 98 percent of Americans is the refusal of congressional Republicans to ask the very wealthiest individuals to pay higher tax rates,” a White House official said.
To see more CDN Branco cartoons, click here.