• Pinboard Links

    Flap’s Links and Comments for July 25th through July 26th

    July 26, 2011 /

    These are my links for July 25th through July 26th:

  • American Economy,  Polling

    Poll Watch: 73 Per Cent of Americans Say the Economy is Getting Worse

    July 26, 2011 /


    According to the latest Gallup Poll.

    Seventy-three percent of Americans in Gallup Daily tracking over the July 22-24 weekend say the U.S. economy is getting worse. This is up 11 percentage points from the three days ending July 6, and the worst level for this measure since the three days ending March 12, 2009.

    Gallup tracks consumer perceptions of the U.S. economy daily and reports the results in three-day rolling, weekly, and monthly averages. More Americans have been saying the U.S. economy is getting worse throughout June and early July than said this over most of the previous five months. However, the number of Americans feeling this way has risen further over the last few weeks.

    It is going to be a POX on both political parties, if the POLS don’t take active measures to increase jobs and economic growth.

    The president, the Treasury secretary, and congressional leaders worried openly over the weekend about what might happen in the international financial markets if a debt-ceiling increase agreement wasn’t reached. They feared trouble in the Asian money markets when they opened on Sunday night and on Wall Street on Monday morning. Although there were some losses in the money markets after a debt ceiling deal failed to materialize, these were far less than might have been expected — particularly in light of what government leaders were saying.

    Still, Gallup’s data show that Americans’ perceptions of the future of the U.S. economy should be the real concern for policymakers and the overall economy. All of the talk about default likely has weighed on consumer confidence, as has the dismal jobs market, increasing gas prices, and the economic soft patch.

    It may be that once the debt ceiling battle is resolved, economic confidence will return. In the interim, however, it appears consumer psychology is continuing to deteriorate rapidly. The Conference Board is likely to pick up on this when it reports its Consumer Confidence Index later this week. It is also likely to be reflected in an anemic back-to-school sales season in the weeks ahead.

    I would not want to be an incumbent member of Congress, if the economy deteriorates any further. And, the President, if trends do not change, he is a one termer.

  • Amazon Tax,  California State Board of Equalization,  Internet Sales Taxes

    California State Board of Equalization to Discuss Implementation of the Amazon Internet Sales Tax

    July 26, 2011 /


    Today the California State Board of Equalization will meet at 10 AM.

    The state Board of Equalization will start to tackle how to implement a new law requiring major online retailers to collect sales tax on purchases made by Californians at its Sacramento meeting today.

    But any solution for applying the so-called “Amazon Tax,” which was approved last month as part of the budget package backed by Democratic lawmakers, could be short lived. Opponents of the change have filed referendum papers to ask voters to overturn ABX1 28 in the next statewide election, a move that could pull the plug on the plan to generate revenue much sooner than 2012.

    A Legislative Counsel opinion sought by Sen. Joel Anderson, R-Alpine, concluded that the law would be suspended once the challenge qualifies for the ballot, even though the majority-vote measure took effect immediately as a result of Proposition 25. That scenario would put the Amazon Tax on hold until the next statewide election, which will likely be held in June 2012.

    The meeting will be webcast this morning here and the full agenda in Pdf format is here.

    In the meantime, the signature gatherers are proceeding and the television ad mavens are busy.

  • Barack Obama,  Day By Day,  John Boehner

    Day By Day July 26, 2011 – Adult Party

    July 26, 2011 /

    Day By Day by Chris Muir

    Chris, President Obama has NO PLAN and neither do the Congressional Democrats.

    Why?

    Because they want to continue to tax and spend – as their ideology dictates. An ideology which has bankrupted the USA.

    There will be a debt limit deal between Speaker Boehner and Senate leaders. Then, Obama will whine and sign the deal as the “grand compromise.”

    In the meantime, “The One” will continue to plummet in the polls.

    Michele Bachmann has it RIGHT: A one term President.

    Previous:

    The Day By Day Archive

  • Twitter

    @Flap Twitter Updates for 2011-07-26

    July 26, 2011 /
    • Ron Paul thinks defaulting isn't such a bad thing http://lat.ms/mXrxFc #
    • White House stokes debt-ceiling crisis http://wapo.st/oK9cRp #
    • @aronchick Yeah you are right. Obama is "The One" and is not accountable like the Congress. But, what is his plan? Do you know? Details? in reply to aronchick #
    • @aronchick The President should post his plan on the internet – just like the House and Senate have done. No transparency from the WH in reply to aronchick #
    • @aronchick And, what plan might that be? Can you recite the details? I thought BHO was all about transparency? in reply to aronchick #
    • Krauthammer: Obama's speech is partisan and a speech from yesterday #tcot #
    • RT @BreakingNews: Boehner: Obama 'wants a blank check' and he's not going to get it; says president has created 'crisis atmosphere' #tcot #
    • RT @amandacarpenter: Contrast. Obama opens with "Blame Bush!" Boehner opens with JOBS. #tcot #
    • RT @LisaDCNN: BOEHNER – matches Obama's campaign rhetoric with his own. Blames Obama for "health care bill no one wanted" > debt + spending #
    • RT @brianjameswalsh: Notable that nowhere in his speech has the President take any responsibility for driving up the debt w spending agenda #
    • Thanks for the lecture, Barry. What has he accomplished = NADA #tcot #
    • Details, Details President Obama. what is your plan? #tcot #
    • RT @RNCResearch: FACT: Obama has added $3.7 trillion to the national debt since taking office. #tcot #
    • Compromise to Obama = his way. what a joke this President is. He actually makes Jimmy Carter look good – got a sweater? #tcot #
    • Hey Barry – what is your plan? #tcot #
    • President Obama: You know what will happen in 6 months – I will be further down in the polls and have to deal w/ this again #tcot #
    • RT @juliesoderlund: There goes the president with that math again – married couples making 255k combined are actually millionaires. #tcot #
    • Is Obama retweeting his own news pressers = saying the same things over and over #tcot #
    • President Obama: You speak of Ronald Reagan. RR was a friend of mine. You are NO Ronald Reagan #tcot #
    • Obama goes back to the corporate jet owners again…. this guy is insufferable #
    • RT @debrajsaunders: So it's Bush's fault that Obama can't cut a debt-ceiling deal. #tcot #
    • What is the point of this speech besides Obama's re-election campaign? Mr. President, what is your plan? #tcot #
    • Obama goes right to work and blames George W. Bush – good grief….. #tcot #
    • California Amazon Internet Sales Taxes Will Be Suspended When Referendum Qualifies for Ballot? http://bit.ly/oiCYfm #tcot #catcot #
    • Krauthammer: Obama will be taking it to the people and delivering a re-election speech tonight like he told Eric Cantor he would #tcot #
    • Krauthammer: Obama has gone from emperor to bystander in debt talks in only three days #tcot #
    • RT @JimDeMint: These are downgrade deals that invite the loss of our AAA rating, never end deficit spending & perpetually increase our debt #
    • RT @JimDeMint: Both plans offered today are political deals, not debt solutions. We don't need a commission, we need a balanced budget amdt #
    • Flap’s Links and Comments for July 25th on 06:08 http://bit.ly/pF6YbY #tcot #catcot #
    • President 2012: Michele Bachmann To Address California GOP Convention | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/n7bSp1 #
    • Dilbert July 24, 2011 – Who Called the Meeting? | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/r78UxO #
    • Poll Watch: California Voters Split on Internet Sales Taxes ( Amazon Tax) Referendum | Flap's Blog – Fullosseous… http://bit.ly/oZ1684 #
    • President 2012: Michele Bachmann To Address California GOP Convention http://bit.ly/omER2I #tcot #catcot #
    • Dilbert July 24, 2011 – Who Called the Meeting? http://bit.ly/o4Esw7 #tcot #catcot #
    • Come on Boehner stop frakking with these clowns Reid and Schumer, plus Obama = pass a short term plan & make them block it #endofstory #
    • Poll Watch: California Voters Split on Internet Sales Taxes ( Amazon Tax) Referendum http://bit.ly/nqYOWX #tcot #catcot #
    • Flap’s California Morning Collection: July 25, 2011 http://bit.ly/qtIVIp #tcot #catcot #
    • President 2012: Rick Perry to Launch Campaign in Late August But….. http://bit.ly/ohxn2n #tcot #catcot #
    • Day By Day July 25, 2011 – Truck Stop http://bit.ly/qeZxCp #tcot #catcot #
    • @Flap Twitter Updates for 2011-07-25 http://bit.ly/pMpskB #tcot #catcot #
    • Flap’s Links and Comments for July 24th on 13:02 http://bit.ly/mXJ6Ig #tcot #catcot #
    • The Morning Drill: July 25, 2011 http://bit.ly/ndAeGE #
    • News from The Associated Press http://apne.ws/rl8WEx #
    • Oregon Rep. David Wu Will Not Run for Re-Election But Will Not Resign | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/oDjEzk #
    • Mark Steyn: Planless Dems | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/nFkbPz #

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