Do You Know the Difference?

The difference between 'class' and 'ass';

George W. Bush speech after capture of Saddam Hussein: See the text of the whole speech at: http://www.famous-speeches-and-speech-topics.info/famous-speeches/george-w-bush-speech-capture-of-saddam-hussein.htm The success of yesterday's mission is a tribute to our men and women now serving in Iraq . The operation was based on the superb work of intelligence analysts who found the dictator's footprints in a vast country. The operation was carried out with skill and precision by a brave fighting force. Our servicemen and women and our coalition allies have faced many dangers in the hunt for members of the fallen regime, and in their effort to bring hope and freedom to the Iraqi people. Their work continues, and so do the risks. Today, on behalf of the nation, I thank the members of our Armed Forces and I congratulate them. And now from his Majesty Barack Hussein Obama speech, Sunday, May 1, 2011: (See the full text here: http://www.huffingtonpost.com/2011/05/02/osama-bin-laden-dead-obama-speech-video-transcript_n_856122.html And so shortly after taking office, I directed Leon Panetta, the director of the CIA, to make the killing or capture of bin Laden the top priority of my war against al Qaeda, even as I continued our broader efforts to disrupt, dismantle, and defeat his network. Then, last August, after years of painstaking work by my intelligence community, I was briefed on a possible lead to bin Laden. It was far from certain, and it took many months to run this thread to ground. I met repeatedly with my national security team as we developed more information about the possibility that we had located bin Laden hiding within a compound deep inside of Pakistan. And finally, last week, I determined that I had enough intelligence to take action, and I authorized an operation to get Osama bin Laden and bring him to justice. Today, at my direction, the United States launched a targeted operation against that compound in Abbottabad, Pakistan.

Got an email from Dick Morris (former Clinton adviser) titled Debunking Obama’s Tax Demagogery in which he says:

When President Obama says that the rich don't pay their share of taxes, he is lying, distorting, and demagoging.

Here are the facts according to the IRS:
• Those making more than $1 million pay 24% of income in  taxes
• Those making $200,000 to $300,000 pay 17.5%
• Those making $100,000 to $125,000 pay 9.9%
• Those making $50,000 to $60,000 pay 6.3%
• Those making $20,000 to $30,000 pay 2.5%

And what of millionaires who pay no taxes?

There are 1,470 of them.  They represent six-tenths of one percent of all those with million dollar incomes in the U.S.  If we assume that they make an average income of $2 million a year each, taxing them at the same rate as other millionaires (24.4%) would yield $367 million, which would increase Treasury income tax revenues by 30 one-hundredths of one percent or one-third of one-tenth of one percent!

Overall, the IRS reports that the revenues from the income tax are sharply skewed toward taxes on the rich:
• The top 1% pays 39%
• The top 5% pays 60%
• The top 10% pays 72%
• The bottom half pays 3%

So who does Obama think he is kidding?

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My friend Karen treated my cousin Richard and me to dinner at Kazbor’s in Plant City. Their wings are super and, tonight, their chips and salsa were exceptionally good.

Couldn’t sleep last night because I made the mistake of starting a Brad Thor book called The First Commandment around midnight. I finally finished it about 5 this morning and slept fitfully for an hour or so. What a great book!

Until next time…