tag:blogger.com,1999:blog-8542056922199190042.post7688602861244254035..comments2023-09-19T09:20:58.728-06:00Comments on The Voltron Ruffian Blog: Sarah Palin Visits Southern California!IrOnY RaGeDhttp://www.blogger.com/profile/15415495177472751193noreply@blogger.comBlogger54125tag:blogger.com,1999:blog-8542056922199190042.post-282285076599080572008-10-06T15:45:00.000-06:002008-10-06T15:45:00.000-06:00Funny thing about the internet, clippy: Nothing e...Funny thing about the internet, clippy: Nothing ever goes away.<BR/><BR/>So we'll just revisit this page next year and see how smart or stoopid you really are.<BR/><BR/>I say the DOW hovers around 10,000 until at least next year this time, mainly because of the Obamanation.<BR/><BR/>I won't bother to bet you, since you would just welch anyway.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-4575250427865758172008-10-06T15:35:00.000-06:002008-10-06T15:35:00.000-06:00Man are you one DUMB son of a bitch franny if you ...Man are you one DUMB son of a bitch franny if you actually believe the BULLSHIT you just posted, your dumber then even crusty tries to be.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-47042554906209347582008-10-06T14:59:00.000-06:002008-10-06T14:59:00.000-06:00There. I am now officially out of the stock marke...There. I am now officially out of the stock market except for some energy and moderate allocation funds.<BR/><BR/>Here are some factors that investors may not realize: <BR/><BR/>1) The Obama effect -- the polls show him winning and the future for economic growth under this guy is bleak. The beating that the market is taking is discounting for an Obama victory, as well as the sub-prime fiasco caused by Congress.<BR/><BR/>2) 401ks. Much of the stability in the market so far has been due to employees basically ignoring or just holding on tight to the investments in their retirement accounts. Some don't have a choice, but most do. As panic spreads, they will act to liquidate their equity holdings in favor of money market accounts.<BR/><BR/>3) Foreign economic health is closely entwined with the U.S. economy, and the foreign markets are just now starting to realize the full severity of the coming recession.<BR/><BR/>My position now is basically extreme defensive. This is unusual for me because as an optimistic long term investor, I successfully have weathered many stock market downturns with a hold strategy.<BR/><BR/>But circumstances today are the exact opposite of what we had in 1994 when Republicans took over Congress led by Newt and his Contract For America, which ushered in one of the most prosperous bull markets in U.S. history.<BR/><BR/>Today we have only the prospect of deep recession, higher taxes, increased government regulation, government takeover of key industries such as finance and health care, out-of-control government spending resulting in a weak dollar and inflation.<BR/><BR/>Even if McCain is elected the economy would be in for a bumpy ride. With a U.S. economy run by the team of a Liberal Congress and a Marxist Obama, we are truly toast; their attempts to fix the problem will only worsen it.<BR/><BR/>My contempt for Congress became complete when they chose to slather on more pork to a bill designed to reassure and stabilize the financial community.<BR/><BR/>I must admit to feeling a little nausea. Still I am optimistic for the long term, but I need to see some light at the end of the tunnel before looking around again. I fear we are in for a recession of unusual length and severity.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-55269271985097373752008-10-06T12:43:00.000-06:002008-10-06T12:43:00.000-06:00Tax Profs Agree: Gov. Palin's Tax Returns Are Wron...<A HREF="http://taxprof.typepad.com/taxprof_blog/2008/10/tax-profs-agree.html" REL="nofollow">Tax Profs Agree: Gov. Palin's Tax Returns Are Wrong</A><BR/><BR/><I>Jack Bogdanski (Lewis & Clark) & Bryan Camp (Texas Tech) have independently reviewed the tax issues raised by the <A HREF="http://taxprof.typepad.com/taxprof_blog/2008/10/palin-releases.html" REL="nofollow">release of Gov. Palin's 2006 and 2007 tax returns and financial disclosure form,</A> as well as the remarkable opinion letter issued from Washington D.C. tax lawyer Roger M. Olsen. Jack and Bryan conclude that there are serious errors in Gov. Palin's returns as filed and that she and her husband owe tens of thousands of dollars in additional taxes.<BR/><BR/>Jack Bogdanski, <A HREF="http://bojack.org/2008/10/theres_no_debate_palins_owe_th.html" REL="nofollow">There's No Debate: Palins Owe Thousands in Back Taxes:</A><BR/><BR/> There is no serious debate (at least, none that has been brought to our attention) about the fact that at least the amounts paid for the children's travel -- $24,728.83 in 2007, according to the Washington Post -- are taxable. The campaign's tax lawyer has got at least that much of the law, and perhaps more, wrong. ... The Palins, who had their tax returns done by HR Block, simply got it wrong. And the fact that the state payroll office got it wrong, too, doesn't erase the Palins' unpaid tax liability.<BR/><BR/>Bryan Camp, <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1279105" REL="nofollow">A Brief Analysis of Governor Palin's Tax Returns for 2006 and 2007</A>:<BR/><BR/> The release of an opinion letter by attorney Roger M. Olsen dated September 30, 2008, has stirred up the pot once again about the accuracy of Sarah and Todd Palin’s 2006 and 2007 tax returns. Not only that, but Mr. Olsen’s letter raises a couple of new issues.<BR/><BR/> This paper focuses on five problems: three raised in the tax returns and two new ones raised by Mr. Olsen’s letter. Here’s a summary of the five problems and my conclusions, for those who want to cut to the chase. My analysis will follow.<BR/><BR/> 1. The Palins did not report as income some $17,000 that Governor Palin’s employer (the State of Alaska) paid her as an “allowance” for her travel. Can they do that? Yes, most likely.<BR/> 2. The Palins did not report as income some $43,000 that the State of Alaska paid the Governor as an “allowance” for her husband and children’s travel. Can they do that? No, most likely not.<BR/> 3. The Palins deducted $9,000 on their 2007 return, claiming it was a loss from Mr. Palin’s snow machine racing activity. Can they do that? Most likely not, but more info could make the deduction o.k. If any of the above issues goes against the Palins they then risk getting hit with the section 6662 penalty for “negligence or disregard of rules or regulations.”<BR/> 4. Can the Palins avoid the section 6662 negligence penalty by claiming that they reasonably relied either (a) on the W-2’s sent to them by their employer, which did not reflect either the $17,000 or the $43,000, or (b) on their tax return preparer H&R Block, or (c) on Mr. Olsen’s opinion letter dated September 30, 2008? The three reliance defenses are unlikely to succeed, but more info may make the (b) defense a good one.<BR/> 5. Does Mr. Olsen have any exposure to sanctions by the IRS because of his letter? I believe Mr. Olsen’s letter probably violates 31 C.F.R. section 10.35. If so, he would be exposed to possible sanctions from the IRS Office of Professional Responsibility.</I><BR/><BR/>Now franny wanna debate their arguments?<BR/><BR/>BTW crusty it is the appropriate time to complain about the FACTS I posted you gutless pussy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-63408959769405913212008-10-06T11:34:00.000-06:002008-10-06T11:34:00.000-06:00TRoR said: The wooden arrow earmark was indeed int...TRoR said: The wooden arrow earmark was indeed interesting as was the one giving companies money to subsidize employees who ride their bicicyles to work or a portion of the ride.<BR/><BR/>Hadnt heard about that one but it's not necessarily a bad idea. Leads to more exercise thus hopefully being healthier so fewer healthcare costs as well as conserving gas and lessening our dependence on foreign oil.MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-80836720345563514452008-10-06T10:42:00.000-06:002008-10-06T10:42:00.000-06:00The wooden arrow earmark was indeed interesting as...The wooden arrow earmark was indeed interesting as was the one giving companies money to subsidize employees who ride their bicicyles to work or a portion of the ride.thereturnofRustyhttps://www.blogger.com/profile/00829074538693589820noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-23033909529226889632008-10-06T06:54:00.000-06:002008-10-06T06:54:00.000-06:00No, I thought you were the author.Or maybe it was ...No, I thought you were the author.<BR/><BR/>Or maybe it was Sara.<BR/><BR/>Nah, she has nicer legs than either one of us.<BR/><BR/>Yeah, I had to get the kid to school and now I have a couple of hours to kill before I go to work.<BR/><BR/>BTW, I looked it up and found out the most earmarks per capita go to Alaska ... although Ted Stevens is mostly responsible for that. For now.<BR/><BR/>The other thing I found of interest was an earmark in the banking bailout package. It seems the earmark being criticized the most is the one about making wooden arrows. As it turns out, the arrows are given to Cub Scouts and Boy Scouts as they progress up in levels ... the arrows are made more cheaply in China so the earmark is a taxcut for domestic companies making the arrows so that we will buy them here rather than from China.<BR/><BR/>Fascinating, no?MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-66371388146039803252008-10-06T05:47:00.000-06:002008-10-06T05:47:00.000-06:00Your up early MCH...BTW, just out of curiosity, ar...Your up early MCH...<BR/><BR/>BTW, just out of curiosity, are you the author?IrOnY RaGeDhttps://www.blogger.com/profile/15415495177472751193noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-80707330788401030392008-10-06T05:45:00.000-06:002008-10-06T05:45:00.000-06:00Apparently I am he and you are he and you are me a...Apparently I am he and you are he and you are me and we are all together.<BR/><BR/>KookookachuMCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-60683883667796142902008-10-06T05:38:00.000-06:002008-10-06T05:38:00.000-06:00MCH is actually a pretty decent guy who just happe...MCH is actually a pretty decent guy who just happens to hold a different opinion.<BR/><BR/>Sara is...well, when understandable...<BR/><BR/>oh nevermind.IrOnY RaGeDhttps://www.blogger.com/profile/15415495177472751193noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-45751402860464596512008-10-06T05:35:00.000-06:002008-10-06T05:35:00.000-06:00Oh, I probably should have warned you guys. MCH an...Oh, I probably should have warned you guys. MCH and Sara have been outed on the LC blog as "right wing trolls", and possibly my "sock puppets"...LOL<BR/><BR/>They'll be appearing here more often now trying to regain their leftist credentials.<BR/><BR/>Sorry for any inconvenience...IrOnY RaGeDhttps://www.blogger.com/profile/15415495177472751193noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-28650402283407167132008-10-06T00:54:00.000-06:002008-10-06T00:54:00.000-06:00Volt, I stole this from LGF:Q: What do Obama and O...Volt, I stole this from LGF:<BR/><BR/>Q: What do Obama and Osama have in common?<BR/><BR/>A:They both have friends who bombed the Pentagon.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-91311354462158660582008-10-05T23:31:00.000-06:002008-10-05T23:31:00.000-06:00So what you're saying is that while they were in c...<I>So what you're saying is that while they were in charge, the Republicans were being denied by the Democrats who werent in charge?</I><BR/>-mch<BR/><BR/>Please review <A HREF="http://voltronsplace.blogspot.com/search?updated-max=2008-10-01T22:29:00-06:00&max-results=3" REL="nofollow">this Congressional testimony</A> from the 2004 hearings on GSE oversight, and see if you can tell which party wanted more oversight, and which party wanted more shaky mortgages for flaky constituents.<BR/><BR/>Also, please review <A HREF="http://www.allbusiness.com/government/532756-1.html" REL="nofollow">this article</A> from from three years ago, and see if you can tell which party wanted more GSE oversight, and which party wanted more shaky mortgages for flaky constituents.<BR/><BR/>John McCain was a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, and warned: <I>If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.</I> <A HREF="http://www.johnmccain.com/McCainReport/Read.aspx?guid=74063c9d-7cb5-47c9-acf6-53c0c2d88376" REL="nofollow">-JM</A><BR/><BR/>Obama's buddy Franklin Raines was the chairman of Fannie Mae who walked away with $90 million and left taxpayers with the "change" only a Liberal could believe in.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-33898476848689782232008-10-05T23:30:00.000-06:002008-10-05T23:30:00.000-06:00It looks like worf at LC kicked MCH in the backsid...It looks like worf at LC kicked MCH in the backside so he or it decided to try his luck here.<BR/><BR/> The idiot wanted to discuss earmarks but obviously he had'nt taken the time to find out just who the kings of earmarks are.<BR/><BR/> Next time prior to posting get your facts correct.thereturnofRustyhttps://www.blogger.com/profile/00829074538693589820noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-16999475363236594982008-10-05T23:25:00.000-06:002008-10-05T23:25:00.000-06:00I'd like to have a pup out of sara....just so I co...I'd like to have a pup out of sara....just so I could kick it around.thereturnofRustyhttps://www.blogger.com/profile/00829074538693589820noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-39853191905845689862008-10-05T23:16:00.000-06:002008-10-05T23:16:00.000-06:00Oh, actually Im not the one who first brought up e...Oh, actually Im not the one who first brought up earmarks -- you did when talking about doling out the goodies. I am wondering why in making a point you're relying on a biased source such as Mike Huckabee when the official records are there for anyone to see. Wouldnt it make the point more effective if you did use such a source? Honestly, FF, if we're going to debate some issues here, Id much rather you do your job yourself without my having to help you along.<BR/><BR/>Ok, chaps, I need to get to bed. I can see we're going to have some fun over here.MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-9145196928511004022008-10-05T23:05:00.000-06:002008-10-05T23:05:00.000-06:00Yes, earmarks are pretty disgusting, but are unrel...Yes, earmarks are pretty disgusting, but are unrelated to your original question regarding regulation.<BR/><BR/>All governors ask for federal goodies for their states and Palin is no exception. Voters would fire any governor who didn't.<BR/><BR/>But according to Mike Huckabee, Obama voted for an average of $1 million per month in earmarks during his time in the Senate before he started running for President. <BR/><BR/>In contrast, John McCain has requested ZERO earmarks, and has been a staunch crusader for smaller and more responsible government.<BR/><BR/>Glad you find me fascinating.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-78361151880145304332008-10-05T22:54:00.000-06:002008-10-05T22:54:00.000-06:00So what you're saying is that while they were in c...So what you're saying is that while they were in charge, the Republicans were being denied by the Democrats who werent in charge?<BR/><BR/>Fascinating.<BR/><BR/>Now speaking of "doling out goodies to their constituents", did you mention Senator Kit Bond (R-MO) who is one of the most notorious earmark requesters in the Seante? Or Gov Sarah Palin (R-AK) who is pretty gosh-darn-say-it-aint-so-Joe good herself at asking for earmarks? Or Randy Cunningham (R-CA) who is currently in jail for bribes in exchange for earmarks? Or Mitch McConnell (R-KY) who himself added 260 million in earmarks in the 2006 budget?MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-44185697863110746982008-10-05T22:45:00.000-06:002008-10-05T22:45:00.000-06:00Perhaps someone could explain to me why she-with-t...<I>Perhaps someone could explain to me why she-with-the-nervous-eye-twitch mentioned during the debate that more government oversight was needed in the business sector and then in the next breat said that government needed to get out of the way.</I><BR/>-mch<BR/><BR/>Sure. The GSEs needed more government oversight since they basically had <I>none</I>; they are merely extensions of the government and not covered by Sarbanes-Oxley.<BR/><BR/>Republicans like McCain fought for more GSE oversight on many occasions, but were denied by the corrupt Democrats like Obama and Dodd who had their snouts in the trough and who put their buddies like Raines in charge of doling out goodies to their constituents.<BR/><BR/>The private sector already is required by the SEC to have certified annual audits; whereas governmental agencies have no idea nor concern where the money goes. Bureaucrats' only goal is to spend it all so they can ask for still more the following year. <BR/><BR/>So as for the private sector, the government needs to stay the hell out of the way ... unless you libs really are trying to produce a repeat of 1929-39, which is entirely possible given the stated strategy of Cloward-Piven.<BR/><BR/>Personally I see no adult supervision remaining after 2008, so I am dumping all my securities on Monday. I do believe you Marxists will take over and the people shortly will discover the true meaning of the "change" they seem to desire so badly. I'm buying gold and waiting for the backlash when the folks figure out the horrible thing they've done in a couple years.<BR/><BR/>Glad I could help.Freedom Fanhttps://www.blogger.com/profile/05799821534276323350noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-12574664455584850962008-10-05T22:44:00.000-06:002008-10-05T22:44:00.000-06:00Hadnt heard that myself, but I do know that his fa...Hadnt heard that myself, but I do know that his face was looking kind of odd during the debate and he was looking splotchier than normal.<BR/><BR/>Good thing Obama is going to win this thing because otherwise we'd be looking at President Caribou-Barbie sooner than we thought.MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-12699458595162832772008-10-05T22:42:00.000-06:002008-10-05T22:42:00.000-06:00Just heard a rumour the senile mcLOSER had a strok...Just heard a rumour the senile mcLOSER had a stroke an is like frickin outta it, or like more outta it than usual.sarahttps://www.blogger.com/profile/03163877028602378190noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-67688382299460814122008-10-05T22:41:00.000-06:002008-10-05T22:41:00.000-06:00Lets frickin take over this site MCH, we'll like k...Lets frickin take over this site MCH, we'll like kick the goons tail all over the place.sarahttps://www.blogger.com/profile/03163877028602378190noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-9247385093823800242008-10-05T22:08:00.000-06:002008-10-05T22:08:00.000-06:00Damn franny you WIMP out that easy now a days,No w...Damn franny you WIMP out that easy now a days,<BR/><BR/>No wonder why you took the ROTC route to dodge the draft in 1969 son.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-62245444826476452812008-10-05T22:07:00.000-06:002008-10-05T22:07:00.000-06:00Oh and by the way -- Hi Clif, Hi SaraOh and by the way -- Hi Clif, Hi SaraMCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.comtag:blogger.com,1999:blog-8542056922199190042.post-31843676320191934272008-10-05T22:06:00.000-06:002008-10-05T22:06:00.000-06:00Hello Boys and Girls, It seems my previous hango...Hello Boys and Girls,<BR/><BR/> It seems my previous hangout spot has been overrun by a frothing-at-the-mouth paranoid lunatic so I decided to hunt around for a new place and pick a few fights. Since Caribou-Barbie has apparently picked up a fan or two here, I figured this would work as well as any other place.<BR/><BR/>Now then, where to begin?<BR/><BR/>Perhaps someone could explain to me why she-with-the-nervous-eye-twitch mentioned during the debate that more government oversight was needed in the business sector and then in the next breat said that government needed to get out of the way.MCHhttps://www.blogger.com/profile/05293449198160875144noreply@blogger.com