Crooks and Liars on the 10 Epic Failures of the Bush Tax Cuts

“In a rare moment of candor last week, the third-ranking Republican in the House admitted the failure of the Bush tax cuts. “You know, I think it’s fair to say, if the current tax rates were enough to create jobs and generate economic growth we’d have a growing economy,” Mike Pence acknowledged, adding, “It’s not working now.” Given that the Bush years produced the worst economic growth in the past 50 years, Pence is sadly correct. But sadder still is the dismal performance of the Bush economy across almost every indicator that counts. From moribund job creation and sinking household incomes to skyrocketing deficits and record income inequality, Republican economic stewardship over the past decade has been a disaster. Here, then, are the 10 Epic Failures of the Bush Tax Cuts…”

Read the post with the full Top 10 list via Crooks & Liars….

[via Hip Hop is Read]

Bernie Madoff Son Found Dead in New York Apartment

This story is LOONEY TUNES:

“Two years to the day, and almost the precise hour and minute, of his father’s arrest by the FBI, Mark Madoff, son of the disgraced Ponzi schemer Bernard Madoff, was found hanged inside his Manhattan apartment, an apparent suicide according to police. He left behind a short email message to his wife, Stephanie, but no explanation of why he chose to take his life. Upon receiving the email, Stephanie, who reportedly was in Florida with at least one of the couple’s other children, contacted her father, who came to the apartment and found his son-in-law hanged in the living room around 7:30 a.m. Saturday, police said. His two-year-old was sleeping peacefully in a bedroom nearby, police sources said.”

CLICK HERE to read the full article from ABC News.

Did President Obama Cave into the Republicans on the Tax Cut Issue?

Watch the video and judge for yourself:

Or read Obama Defends Tax-Cut Plan as ‘Good Deal’ for Americans from The New York Times for more.

Stephen Colbert seems to break down the core issue here pretty succinctly from my point of view: Colbert To Obama: ‘Republicans Just Aren’t That Into You.’

Now hit the jump for a video of Sen. Al Franken (D-MN) arguing against extending tax cuts for millionaires. LOVE that dude.

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The Kardashian Sisters Decide they don’t want to be Predatory Lenders after all!

Another WTF??!

“A Minnesota lender on Monday halted sales of a prepaid debit card featuring an image of the Kardashian sisters, after Connecticut Attorney General Richard Blumenthal said the card carried “outrageous” fees that unfairly targeted financially unsophisticated young adults.

The St. Paul-based company said it was reviewing its agreement with the Kardashians’ company Dash Dolls LLC to ensure that card holders get refunds, and would work to ensure that card holders “experience as little inconvenience as possible.””

CLICK HERE to read the full ABC News article, “Kardashian Debit Card Cancelled After Criticism”.

More:

E! Stars, Kim, Khloe, Kourtney Kardashian disavow their Kardashian Kard (K-Kard) debit card. (Ent. Weekly)

Watch the sisters’ ‘K-Kard’ debacle being mocked on Saturday night Live HERE. (I won’t front: embarrassingly enough, SNL is where I learned about this story first!)

CNN Video: President Obama Says He’s Not Caving on Tax Cuts

Really??! So he claims in a speech made while on a trade mission in Seoul, Korea which apparently didn’t go so well either!

[via]