• President 2012,  Rick Perry

    President 2012: Rick Perry Meets in Los Angeles with Potential Presidential Donors

    From left, Anita Perry stands next to her husband Texas Gov. Rick Perry, Former Pakistani President Pervez Musharraf and his wife, Saba Musharraf, as they post for photographs on Tuesday, July 12, 2011, in Austin, Texas. Musharraf met with Perry to exchange ideas about improving the economy and discuss the strained relationship between the U.S. and Pakistani governments. Musharraf has been critical of the White House’s recent suspension of $800 million in U.S. aid to the Pakistani military, saying the decreased aid will hurt his country and hinder its fight against terrorism

    GOP Texas Governor Rick Perry is gearing up for his Presidential announcement.

    Texas Gov. Rick Perry met privately Wednesday with potential fundraisers in Los Angeles as he neared a decision on whether to enter the 2012 presidential race.

    About 30 people joined the conservative Republican at a hotel in the Century City neighborhood for an event coordinated by influential fundraiser Renee Croce, who helped raise millions of dollars for former California Govs. Arnold Schwarzenegger and Pete Wilson.

    Perry has been traveling the nation to gauge his support among party loyalists, elected officials and donors, while fashioning the framework of what could become a national campaign.

    The Texas governor would join a wide-open GOP field, but a key issue is whether he can raise hundreds of millions of dollars to wage a 50-state presidential battle. Many deep-pocketed donors in California, a rich source of campaign cash, have been holding back their checks while the field takes shape.

    I don’t think campaign cash will be Rick Perry’s problem.

    But, beating back Michele Bachmann in South Carolina and doing well enough in New Hampshire are more pressing matters.

    When it comes to financing a presidential campaign “it’s a numbers game,” said investor Michael Fourticq Sr., managing partner at Hancock Park Associates, one of the hosts of the meeting with the Texas governor.

    For Perry, “I think the money is there,” Fourticq said.

    Perry is on a two-day swing through California, where he planned a string of private meetings. It was his third trip to the nation’s most populous state since June 12.

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    Flap’s Links and Comments for July 20th on 18:05

    These are my links for July 20th from 18:05 to 19:23:

    • Dilbert July 20, 2011 – Shame | Flap’s Blog – FullosseousFlap’s Dental Blog – Dilbert July 20, 2011 – Shame #tcot #catcot
    • Flap’s Dentistry Blog: Video: Dentistry of the Mujahideen – Video: Dentistry of the Mujahideen
    • Flap’s Dentistry Blog: Fighting a Parking Ticket Like Doing Your Own Dentistry? – Fighting a Parking Ticket Like Doing Your Own Dentistry?
    • Just Say No to the Gang of Six Proposal/Fraud/Sell Out – The new Gang of Six proposal brewing in the Senate is a total sellout which promises to usher in a vast new round of new taxes. Not just closing of loopholes, but real live taxes we will all have to pay.

      The proposal is based on the recommendations of the Bowles-Simpson Deficit Reduction Commission as modified by the "Gang of Six" US Senators. It plans to raise $1 trillion in new tax revenues. While the gang is vague on the details of the new taxes, the Bowles-Simpson Commission was quite clear – it proposes the virtual elimination of all tax deductions, certainly for taxpayers with joint incomes of over $200,000 and possibly for everyone. The revenues it would generate from eliminating or sharply curtailing the mortgage interest, charitable, and state and local tax deductions are set to generate $1 trillion of new revenues over ten years and to finance a vague and unspecified hoped for cut in the top tax bracket.

      The elimination or significant curtailment of these deductions would have a ruinous economic impact.

      Cutting out the mortgage interest deduction would cost American taxpayers almost $100 billion a year. It would decimate the already moribund real estate sector and would make their current homes unaffordable for millions of homeowners by changing the financial rules in the middle of the game.

      Restricting or eliminating the state and local tax deduction is, in effect, to levy a 25-35 percent surcharge on state and local taxes – income and property – hammering people who live in high tax states. The cost in jobs and state revenues are likely to be staggering.

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