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Regional Veterans News 7/16/10

Managing Editor - July 16, 2010 0

Regional Veterans News 7/16/10 Regional stories on veterans’ health, education, benefits, legal affairs and other issues today from: Pittsburg, Kansas/Joplin, Missouri - You can help 4-State disabled...

Representative Filner Hits VA Misteps

- July 15, 2010 1

Congressman Filner Challenges VA Leadership at Hearing Written by Imperial Valley News Thursday, 15 July 2010 Washington, DC - House Veterans’ Affairs Committee Chairman Bob Filner (D-CA)...

Information: Stand Down in California Features Gulf War Veterans

- July 15, 2010 1

. Annual event offers homeless, destitute veterans services, respite By Michelle Knight knight@theacorn.com Jacob and Rex Belisle MICHELLE KNIGHT/Acorn Newspapers Five years ago, Rex Belisle and his wife, April,...

U.S. Department of Defense Announces Latest Contract Awards

Managing Editor - July 15, 2010 0

No. 619-10 ---------------------------------- CONTRACTS: NAVY The Navy is awarding indefinite-delivery/indefinite-quantity multiple-award contracts to 556 contractors that will provide for their competition for service requirements solicited by...

Will the Government Seize Your IRA and/or 401K to Pay Down Its (Our) Massive...

Managing Editor - July 15, 2010 1

Will the laws and rules in place to protect individuals in their attempt to set something aside for retirement be safeguarded by the representatives elected to advocate for them in Washington? Will the principles and moral integrity of the political class keep them from appropriating the trillions of dollars held in 401(k)s and IRAs? I’m not so sure! Words:

This Can’t be True! Cash-strapped U.S. Selling 41% of Hawaii + Virgin Islands to...

Managing Editor - July 15, 2010 1

It has been reported* today that Canada’s multi-year efforts to buy the Turks and Caicos Islands in the Caribbean as a sunny and warm winter vacation destination for it citizens during its long cold winters have been abandoned in favour of an agreement to purchase 41.3% of the Hawaiian Islands and 100% of the U.S. Virgin Islands from the cash-strapped United States. Words: 544

Mortgage Interest Deduction: An Unfair Subsidy for the Rich

Managing Editor - July 15, 2010 1

The mortgage interest deduction is as inequitable as it is inefficient. It is the quintessential “upside-down subsidy: the greater the need, the smaller the subsidy.” It provides 10 times the tax savings for households with income exceeding $250,000 compared to households earning between $40,000 and $75,000. It is effectively worthless for low- and middle-income households, such that repealing it would significantly increase the progressivity of the income tax. Words: 861

U.S. Debt Obligations are Unrecognized, Unmeasured, Unmanaged and Unfunded

Managing Editor - July 15, 2010 1

When people find themselves in a situation where they feel they don’t have a decent grip on the risks they face, or where a great deal of critical information is hidden from view, emotions can easily overwhelm rational decision-making. Is it so far-fetched to think that a sudden loss of confidence in the United States’ ability to manage its finances could evoke similar fears about just how large and widespread the fallout might be? 1011

Massive Debt = Dollar Collapse = High Inflation = Likely Depression

Managing Editor - July 15, 2010 1

The inherent deficiencies in our system virtually guarantee that long-term implications of massive debt will be ignored. Unfortunately, the “long-term” may finally be upon us, and a dollar collapse of shocking proportions is increasingly likely. This Depression is just getting started. Words: 1034

Increasing Foreclosures Mean Low House Prices for Many More Years

Managing Editor - July 15, 2010 0

Anyone who sees a rising pool of millions of delinquent mortgages as the foundation of a recovery in housing valuations isn’t considering the feedback loop which is now firmly in place. The foreclosure pipeline will be full for years to come precluding any “recovery” in housing valuations as supply will swamp demand. Words: 366

Pull Your Heads Out of the Sand Before It’s Too Late!

Managing Editor - July 15, 2010 1

A demographic stampede is about to pulverize American society. Eighty million retirees—the baby boom generation—are rapidly heading into their retirement years and, according to a recent survey, Americans have less money than ever. Being so unprepared can only mean a very unhappy “retirement” unless they pull their heads out of the sand and do something about it before it is too late. Words: 802

30% Probability That Dow Will Drop to 4000! Do You Have a Plan?

Managing Editor - July 15, 2010 0

Investors have a short memory. In 1995, the DJIA was around 4000. Today our economy, it could be argued, is actually weaker than it was back then. Our real estate is in the tank, we have double digit employment, and our manufacturing has all but dried up. Add on to that the dire consequences of a potential commercial real estate meltdown and you have the recipe for another financial crisis. Words: 470

Some Harsh Views As to Why the U.S. is Supposedly a “Failed State”

Managing Editor - July 15, 2010 14

Much of the world, looking at a country that appears both stupid and inhumane, wonders at Americans’ fine opinion of themselves. Is America the virtuous “indispensable nation” of neoconservative propaganda, or [is America nothing more than a failed state -] a plague upon the world? Words: 1004

What Tea Party Activists Owe Liberals

Managing Editor - July 15, 2010 2

By Sherwood Ross Tea Party activists may put up as many billboards as they like accusing President Obama of “socialism” and comparing him to Hitler...

Pentagon warns Congress: Accounts running dry

Managing Editor - July 15, 2010 0

WASHINGTON (Reuters) – The Pentagon said on Wednesday it may be forced to take extreme measures -- like not paying salaries -- if the...

Employers Take Advantage of Tax Credit to Hire U.S. Veterans

Managing Editor - July 15, 2010 0

by John Vogel, HireVeterans.com Hiring U.S. military veterans can save your company a ton of money through the use of the Work Opportunity Tax Credit (WOTC)....

Sen. Russ Feingold: Health care reform ensures veterans NOT taxed for prosthetic limbs...

Managing Editor - July 15, 2010 0

By Sen. Russ Feingold in the Peshtigo Times: “Country Cousin’s column wrongly said that under the new health care law, veterans will be taxed for...

Wake up, Mr. President – The GOP has Launched a Jihad Against America

Eric L. Wattree - July 15, 2010 14

We all know you're a nice guy, Mr. President, but this is a seminal moment in American history. The Republican Party has revealed themselves to be the American Taliban. They're inciting insurrection, protecting corporate corruption, denying unemployed Americans subsistence, and they threaten to cripple the nation as a whole with their irresponsible use of the filibuster. The Republican agenda is to keep America ignorant and miserable at any cost. So at this point we don't need nice, we don't need bipartisanship, and we don't need a diplomat. What we need at this point in our history is a Commander-in-Chief to lead us in the fight against Republican tyranny. So it's time to suck it up and "fix bayonets," sir.

Congressman Nye Holding Hearing on Contract Fraud of Service-Disabled Veteran-Owned Small Business program

Managing Editor - July 15, 2010 0

WASHINGTON, DC - Congressman Glenn Nye (VA-02), the Chairman of the House Small Business Subcommittee on Contracting and Technology, will hold a hearing of...

Rep. Kirkpatrick Introduces New Bill Pushing Washington to Keep Promises to Veterans on Mental...

Managing Editor - July 15, 2010 0

WASHINGTON, D.C. – Representative Ann Kirkpatrick, who has been tirelessly fighting for Veterans in rural and Native American communities, today introduced legislation that will help...

Emerald Queen Casino offers Careers to US Veterans

Managing Editor - July 15, 2010 1

The Emerald Queen Hotel and Casino in Fife, Washington rejoins for another year with HireVeterans.com to reach out to US Veterans By Randy Miller Whether...

8 U.S. troops killed in 24 hours in Afghanistan

Managing Editor - July 15, 2010 3

By Mirwais Khan - The Associated Press in the Military Times KANDAHAR, Afghanistan — Eight American troops died during a 24-hour span in attacks in...

Save Social Security; Not for “Lesser People,” As Former GOP Senator Says

Managing Editor - July 15, 2010 5

- Progressives say rein in our deficits in a way that protects middle class families and makes Wall Street clean up its own mess - By...

Helping Vets, Court diverts ex-military into treatment program

Managing Editor - July 15, 2010 1

This idea is catching on across the nation: Let's not throw our veterans into prison when they get home. By Carol Ann Alaimo in the Arizona...

Krugman: Stupid Politicians Blocking Needed Stimulus

Managing Editor - July 15, 2010 2

Paul Krugman did not use the word "stupid." His sentiments are clear. By Paul Krugman Has it really been 16 months since I wrote this? So here’s...

Now Even the Fed Thinks the Economy’s Going to the Dogs

Managing Editor - July 15, 2010 1

By Henry Blodget in the BusinessInsider In case you missed the Fed minutes yesterday, the Fed is now pulling a Wall Street: Cutting its estimates after...

Charles Nenner: Dow Headed to 5,000, Get Out While You Can!

Managing Editor - July 15, 2010 0

From TechTicker: By Peter Gorenstein Enjoy the recent stock market rally while it lasts. Market forecaster Charles Nenner tells Tech Ticker stocks will peak in about...

For Fox, Beck, and Limbaugh – Race Baiting Has Become Standard Fare

Managing Editor - July 15, 2010 1

The NAACP passed a resolution condemning "extremist elements within the Tea Party, calling on Tea Party leaders to repudiate those in their ranks who...

US Navy Veterans loses its attorneys and its fundraisers

Managing Editor - July 15, 2010 2

The lawyers who have run interference for the U.S. Navy Veterans Association for months now say they can no longer represent the charity because all its directors have quit or disappeared. In court papers filed Wednesday in Ohio, attorney Shaun K. Petersen said his firm must withdraw as counsel for the Navy Veterans because the charity's board has dwindled to a single member — founder Bobby Thompson — and he has been impossible to find for more than three weeks.

Monthly Archives: July 2010