Archive - Mar 6, 2008 - topic

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The Associated Press

Several new bills in the Senate would require much more of this.

Featured Topic | Posted 26 weeks 3 days ago

Should illegal immigrants go to prison?

A group of Republican Senators led by Jeff Sessions of Alabama introduced 15 bills this week aimed at toughening immigration enforcement. Sessions' bill would require mandatory prison sentences for immigrants convicted of illegally entering the country. Another piece of legislation would sanction countries that refuse to take their citizens back when U.S. immigration officials deport them.

"It is important that we send the message to the world that America is enforcing the rule of law," Sessions said.

Does the United States need stronger measures to discourage illegal immigration? And what should the U.S. do with more than 12 million people in the country illegally?

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Ben likes: Conservative Senate Republicans get serious

Michelle Malkin

I heard from a Senate source a few days ago about two very promising initiatives from conservative Senate Republicans committed to comprehensive immigration enforcement. Not shamnesty. I repeat: Comprehensive immigration enforcement reform. This is good policy. Smart politics. And it’s about damned time.

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Joel likes: Too tough on illegal immigration

Los Angeles Times

That illegal immigrants living in the United States place an economic burden on schools, hospitals, prisons and other public services is undeniable, but it's also true that they contribute to our economy and our society in myriad ways. Bullying them into leaving is counterproductive and downright mean. It's also shortsighted. Many immigrant families are blended, made up of legal immigrants, illegal ones and U.S.-born citizens. Harsh laws and deportations may satisfy the popular hunger for instantaneous immigration reform, but the result will be a legacy of anguish and resentment among millions of people who aren't going anywhere.

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Bill Gates, Warren Buffett
Photo by Flickr user Guesus, used under a Creative Commons license

No. 2 and No. 1, together.

Featured Topic | Posted 26 weeks 3 days ago

Warren Buffett is the world's richest man. Should he be paying more taxes?

Warren Buffett has passed Bill Gates to become the world's richest man, according to Forbes. But that's not a distinction destined to last -- most of his fortune is already slated to go to charity. And Buffett is among the most vocal proponents of raising taxes on America's wealthiest citizens; he has even suggested that he pays a smaller portion of his income in taxes than his secretary.

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Ben likes: Buffett's bad math

Investor's Business Daily

Fact is, despite anecdotes like Buffett's, our tax system has never been more "progressive," with fewer and fewer people at the top of the pyramid paying more and more in taxes. In 2004, the top 1 percent of incomes today paid 37 percent of all income taxes, and the top 5 percent paid more than all the rest combined — 57%. These are both near record highs.

What perplexes us is that Buffett seems to want higher taxes on the very people — entrepreneurs — who create the jobs, increase the wealth and stimulate the growth that make America's economy the marvel that it is. Doesn't he realize that when you tax something, you always get less of it?

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Joel likes: Warren Buffett, taxes and the presidency

Mark Cuban/BlogMaverick

Warren Buffett has been all over the business press recently suggesting that the very rich, those on the Forbes 400 list, are taxed advantageously to the rest of the workforce. That it makes no sense that his tax bill as a percentage of income is lower than that of his secretary or housekeeper.

He is absolutely right.

It makes absolutely no sense that he, or I should pay a smaller percentage of our income than those who go to work 8 hours a day and have to save as much as they can to afford a vacation every year and stress out about whether or not they can pay their rent, mortgage or college for their kids.

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Michael Chertoff and George Bush tout five years of Homeland Security
The Associated Press

Homeland Security chief Michael Chertoff, right, and George Bush tout five years of securing the nation against terrorist attack.

Featured Topic | Posted 26 weeks 3 days ago

Homeland Security turns five -- cause for celebration?

Five years after the creation of the Department of Homeland Security, the United States has successfully lowered the risk of a large-scale domestic terrorist attack in the near future, one of the reasons there has been an increase in attacks by Islamic extremists in Europe, DHS Secretary Michael Chertoff says.

But the department, which incorporated 22 federal agencies and employs more than 220,000 people, has encountered numerous challenges, bureaucratic snafus, accounting lapses and unmet mandates, especially on immigration.

Does the existence of the Department of Homeland Security make the United States safer?

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Ben likes: Less can be more for DHS

The Heritage Foundation

The Department of Homeland Security is just five years old this month. It still has not yet mastered basic functions like immigration services (there is a backlog of an estimated 1,275,795 applications from would-be legal immigrants) or tracking foreign visitors. Before Congress adds any new mandates, the DHS should really prove they can handle he ones they have already.

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Joel likes: Five years later, are we safe at home?

P.J. Crowley/Center for American Progress

While the president will give it high marks, in fact, DHS stands at the bureaucratic equivalent of early adolescence, which means it has taken both right and wrong steps, but is still struggling to decide what is important. It shows potential, but it needs more support if it is to achieve long-term success.

There is a growing gap between what DHS is expected to do -- secure our borders, protect critical infrastructure, share better intelligence, defend against weapons of mass destruction, and respond to disasters -- and its actual capacity to do them. The reasons for the gap have to do with strategy, priority, ideology, and politics.

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Condoleeza Rice
The Associated Press

U.S. Secretary of State Condoleezza Rice and Palestinian chief negotiator Saeb Erekat wave to the press before meeting.

Featured Topic | Posted 26 weeks 4 days ago

With Rice's urging, Israel and Palestine resume peace talks

With prodding from U.S. Secretary of State Condoleeza Rice, Israel and Palestine have agreed to resume the peace negotiations that began with a November conference in Maryland. The new talks come despite a recent five-day assault by Israelis on the Hamas-controlled Gaza Strip, which had prompted Palestinian Authority President Mahmoud Abbas to call off negotiations.

Can Israel and Palestinians achieve some sort of peace? And can it happen without Hamas at the table?

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Ben likes: Sound and fury signifying incompetence

Caroline Glick/Jerusalem Post

Rice and the Olmert-Livni-Barak government argue that a renewed military presence in Gaza is a poor option because it would render negotiations towards the establishment of a Palestinian state in Gaza, Judea, Samaria and Jerusalem non-viable. But then, if those negotiations were successful, they would lead to the imposition of a Fatah-Hamas terror state which would not only not protect southern Israel from missile and rocket attack, it would expose central Israel to similar aggression.

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Joel likes: Rice to Abbas: Commit political suicide

Blake Hounshell/Foreign Policy

Rice announced that Palestinian President Mahmoud Abbas would resume peace negotiations with Israel, despite Abbas's earlier position that he would only do so after a ceasefire in Gaza was in place.

Yes, Abbas needs the peace process in general. But politically, he can't very well sit down with Ehud Olmert while Israeli bombs are killing Palestinian civilians. He needs to wait a decent interval until the fury dies down. By agreeing to pretend to negotiate instead of pretending not to negotiate, all he did was reinforce his image as an American-Israeli puppet -- and he will get no closer to a peace treaty by being dragged to the table against his will. And having Rice announce the reversal? That was the icing on the cake.

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Hillary Clinton

Hillary Clinton

Featured Topic | Posted 26 weeks 4 days ago

Will Florida and Michigan delegates decide the Democratic nomination?

With the nominating contest between Hillary Clinton and Barack Obama getting ever-tighter, there's a growing call -- mostly from Clinton partisans -- to allow Michigan and Florida primary results to count at the Democratic National Convention.

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Ben likes: Ben likes: Let's Re-vote in Michigan and Florida

Newt Gingrich/Wall Street Journal

Hold the Michigan and Florida Democratic primaries again. The voters -- not the party insiders -- have the moral authority to choose the nominee. Democratic voters in Michigan and Florida should get that chance. Then in November, we'll have a fair fight. And I'll be honest -- it may not help the chances for a Republican victory in the fall. But it will help something even more important: the integrity of our political process.

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Joel likes: Should Michigan and Florida vote again?

Joan Walsh/Salon

Lately I find myself wondering: Why aren't more powerful Democrats in both the Obama and Clinton camps lobbying for a revote in Florida and Michigan? Is it simply about money? Sure, it would be expensive, but both candidates are raising money phenomenally.

And sure, the party would like to save some of that Democratic cash to fight John McCain in November. But I have to wonder, what's worse for Democrats: A protracted battle that results in a near-tie, with superdelegates carrying the day in Denver (leaving plenty of cash to fight McCain but one camp or the other furious), or a party whose coffers are maybe depleted (though I can't imagine that), but whose supporters know that democracy, though expensive, prevailed.

I'm not sure I can answer that question, but my gut tells me it's the latter.

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The Associated Press

A bailout might be coming soon.

Featured Topic | Posted 26 weeks 4 days ago

A step toward a home foreclosure fix?

However much they might oppose it on ideological grounds, the Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders. Ben S. Bernanke, the Fed chairman, told a group of bankers in Florida on Tuesday that “more can and should be done” to help millions of people with mortgages that are often bigger than the value of their homes.

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Ben likes: The housing fix

Robert Samuelson/The Washington Post

The understandable impulse to minimize foreclosures should not be a pretext to prop up the housing market by rescuing too many strapped homeowners. Though cruel, foreclosures and falling home values have the virtue of bringing prices to a level where housing can escape its present stagnation. Helping today's homeowners makes little sense if it penalizes tomorrow's homeowners. An unstoppable free-fall of prices seems unlikely. Slumping home construction and sales have left much pent-up demand. What will release that demand are affordable prices.

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Joel likes: Hope when?

New York Times

Lower rates are just a reprieve. The loans are still debt traps, wired to adjust upward explosively if and when rates rise again. As such, they still need to be modified.

Lenders knew or should have known that the subprime loans of the bubble years were unsuitable for many of the targeted borrowers. People who invested in those loans also should have known better. But they all piled in because it was profitable while it lasted. Now they are not doing enough to clean up the mess they created. And the administration is enabling their inadequacy.

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