Wednesday, April 25, 2007

running out the clock...

Getting at the truth in Slo-Mo; an example:
It is likely to be weeks before the committee actually gets to interview Goodling. That's because the law requires that the Justice Department be allowed an opportunity to provide its views on immunity -- i.e. whether it might interfere with an existing or possible investigation. If the DoJ objects to giving Goodling immunity, then the committee would be forced to consider whether to defer or delay conferring immunity. And regardless of what the DoJ says, the local federal court has to approve giving Goodling immunity. All this is likely to take several weeks.
This with the Office of Special Counsel, whose director is also a likely Hatch-Act violater, announcing they too are investigating Karl Rove (fox, hen-house, etc.), which ought to delightfully throw many more spanners in Congress' investigative works.

So why not cut to the chase and Impeach the Bastard NOW!?

2 comments:

Naahm Deplume said...

This just in . . .

"WASHINGTON (Reuters) -- Tax receipts from individuals hit a record one-day high of $48.7 billion on April 24, a Treasury Department official said on Wednesday.

The previous record was $36.4 billion, set on April 25, 2006, said Jennifer Zuccarelli, a Treasury spokeswoman.

The record reflects taxes not withheld from individuals over the course of the year, but paid to the government before this year's April 17 income-tax deadline.

While some of those tax payments come from taxpayers who withheld less tax from their paychecks than they owed, much of it was owed on income from investments or profits."


No, tax cuts can't possibly cause increases in revenue. Right? Beulhler? Beulhler?

Spared said...

Are you insane? The US economy is currently in the worst growth peformance cycle since 1961. Personal savings are at record lows. The share of national income that went to wages and salaries in the first half of 2006 was at its lowest level since 1929. 2007 is not fairing much better. Of course, the share of corporate profits was at its highest level since 1950, which explains the rise in stock prices.
There was a huge tax increase in 93 and yet their was a boom in the economy in the second half of the decade.

Not to mention, regardless of how much taxes come in, we can't spend it fast enough.

http://www.marketwatch.com/news/story/record-federal-spending-boosts-deficit/story.aspx?guid=%7BF8420E03-7DA1-4EAC-95BB-C77ACC713AB8%7D&siteid=yhoo&dist=yhoo

Not to mention economists worldwide disagree with you.

http://www.tnr.com/doc.mhtml?i=w061023&s=chait102306

But hey, don't believe me. I just live in Corporate America and deal with politicians all day. I don't actually know what's going on like you do.