Even though there are Tea Party protests about high taxes, a USA Today analysis of federal data shows that Americans paid the lowest level of taxes last year since the Harry Truman’s presidency.
Welcome to our newest affilate TV stations: Baltimore Grassroots Media in Baltimore, MD and also Fort Collins Public Access Media in Fort Collins, CO
Hour One: Is America facing "My Big Fat Greek Bankruptcy?!" Thom mixes it up with Libertarian Wayne Root www.rootforamerica.com
Britain's opposition Conservatives got more votes than either Labour or the Liberal Democrats in the UK's parliamentary elections yesterday, although those two left-wing parties together got well over half of all votes cast, leading to speculation that Liberal Democratic leader Nick Clegg will lead his party to form a ruling coalition with Labour's Gordon Brown, keeping Brown in the position of Prime Minister.
Sen. Joe Lieberman (I-Conn.) is proposing a new law to strip Americans of their citizenship if they're involved with foreign terrorist organizations. Lieberman will introduce the bill, along with Rep.Jason Altmire of Pennsylvania. Sen. Chuck Schumer (D-N.Y.) has expressed support as well.
ProPublica is reporting that a "conservation group," the Gulf of Mexico Foundation, took an "it's not so bad" angle in a front-page New York Times story on the Gulf oil spill disaster. Problem is that this so-called "conservation group" is made up largely of oil industry executives. Transocean -the owner of the rig that exploded - hosted this so-called "environmental group's" most recent board meeting.
Is European socialism bleeding like a stuck PIG?
The conservatives are yelling from the rooftops that we are witnessing the slow death of European Socialism due to massive spending on social programs. They say the countries bleeding the most red ink are Portugal, Ireland, Greece and Spain or the P.I.G.S. of Europe as they are known in financial circles.
President Barack Obama pretty much stated the obvious when he called the oil spill in the Gulf of Mexico “a massive and potentially unprecedented environmental disaster.”
White House senior adviser David Axelrod told ABC today that President Obama will halt any new offshore oil drilling “until we find out what happened” in the Gulf of Mexico spill. Axelrod said no new drilling will start until “an adequate review of what happened here and what is being proposed elsewhere.” The BP-Halliburton oil disaster could surpass Exxon Valdez very quickly.