Category Archives: Election

Paris Hilton For President Video

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Filed under Barack Obama, Business, Democrats, Election, Election 2008, Entertainment, Hilton, Humor, John Mccain, Mccain, Media, News, Paris Hilton, Politics, Republican, Sarah Palin, US

Palin going off-script, McCain aides gripe

aides to Sen. John McCain say they weren’t happy that running mate Sarah Palin went off script Sunday and turned attention back to the controversy over her wardrobe.

A Palin associate, however, said the candidate is simply trying to “bust free” of what she believes was a damaging and mismanaged roll-out.

(Read On)

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Why Raj Thackeray Hates North Indians

Sudheera Kulkarni had written an open letter to Raj Thackeray in Lok Satta.  Here is a part of his response( Read the entire response here)

Gujaratis celebrate Garba in Maharashtra with a bang. We also enjoy it. Bengalis celebrate Navratri. We too participate in it. South Indians perform Ayyappa’s rituals and Marathis pray there. But chhatpooja is not just a religious festival. At least it is not celebrated as one in Mumbai. It is an akhada (wrestling ring) erected on Mumbai’s chest by Bihari leaders to show their strength. There lies the root of our opposition. Sudheendraji, are you aware of any widespread chhatpooja being celebrated by Biharis living in Mauritius, Dubai or any country close to the sea?

Seems like what is bothering Raj Thackeray is Chhath Pooja. Well Chhath is a festival dedicated to the Sun God, considered to be a means to thank the sun for bestowing the bounties of life in earth and fulfilling particular wishes.  This festival is also celebrated in the northeast region of India, Madhya Pradesh, Uttar Pradesh, and some parts of Chhattisgarh. 

He and his party has done nothing but spread hatred , and divide this nation . He once said that “Hitler had everything. The one thing he did not have was the ambition to conquer the world,” Raj said, adding, “you can draw whatever conclusions you want from my remarks.”

He has criticized Amitabh Bachchan who is one of the most prominent figures in the history of Indian cinema of (listen to this) being  “more inclined” towards his native state than Maharashtra. Amitabh Bachchan is one person who has inspired people the way you may never understand. Mr Raj Thackeray I would like to ask what have you done for Maharashtra? Have you done anything for drought-hit Maharashtra farmers who are left to fend for themselves. How can people from Maharashtra trust you ,when you yourself wants to burn Maharashtra.

“Violence is the last refuge of the incompetent” , probably true in the case of Raj Thackeray. Raj Thackeray has drawn a lot of attention over the past few days . Simply due to the stand taken by him and his party on the North Indians living in Mumbai and Maharashtra.  In fact Raj Thacekray has been a struggling politician and his party only won 7 seats in 2007 municipal elections.

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Filed under Congress, Delhi, Election, India, Indian Politics, MNS, Mumbai, News, Politics, Raj Thackrey, Random, Religion, Terrorism, Uncategorized

Jack Cafferty Tells Us How He Really Feels About Sarah Palin

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Filed under Barack Obama, Business, Capitalism, Democrats, Economy, Election, Election 2008, John Mccain, Mccain, Media, News, Palin, People, Politics, Republican, Sarah Palin, US

Hire , Fire and then hire again – It happens only in India

On Thursday evening Jet airways chief announced that he would be hiring all those employees again , who were fired only two days ago by his management . 

Here is a time-line of the events:
1. Jet and Kingfsher two major Indian airlines request for $1 billion from the government as bailout package
2. The Indian Government is not interested in such a deal and the request is put on hold .
3. Jet Airways and Kingfisher Airlines agree on a wide-ranging working alliance to help them battle slowing growth and high fuel costs.
4. Jet  fires 800 and announces another 1100 could get fired.
5. Naresh Goyal (jet airways chairman) announces that all sacked employees would be re-instated. “I apologize for all the agony you went through,” he told a news conference in Mumbai, adding that he could not bear to “see tears in their eyes”.
Mr Praful Patel (Civil Aviation Minister) said on the same day that “The airlines have sought a bailout package worth Rs 4,750 crore($1 billion) to tide over the crisis spawned by fuel costs and poor load factor.”If tomorrow no plane flies on the Indian skies, who is there to answer. There is a bad patch in the industry and it needs to be resolved,” he said.
In the coming days people will get to know that a bailout deal has been agreed upon by the government. Can the government afford to be unpopular during election year? i do not think so

So who turns out to be a looser in this :

1. Indian TaxPayer (as 1$ billion of the tax payer money would be used to bailout these companies)
And the winners are
1. Kingfisher Airlines
2. 800 Jet Employees
3. Jet Airlines
4. and  MNS , whose leader threatened on Wednesday that he would not allow Jet flights to operate in Maharashtra if the sacked employees were not reinstated

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`Joe the Plumber,’ Obama Tax-Plan Critic, Owes Taxes

`Joe the plumber,” the Toledo, Ohio, man whose complaints about Barack Obama’s tax plan were highlighted by John McCain in the final presidential debate, owes the state of Ohio almost $1,200 in back income taxes.

According to records on file with the Lucas County Court of Common Pleas, the state filed a tax lien against Samuel J. Wurzelbacher for $1,182.98 on Jan. 26, 2007, that is still active.

Wurzelbacher was thrust into the national spotlight this week when he told Obama he worried that the Illinois senator’s proposals to roll back Bush administration tax breaks for Americans earning more than $250,000 would prevent him from buying a plumbing business that would earn between $250,000 and $280,000 a year.

McCain, an Arizona Republican senator, pointed to the exchange during the debate last night when he turned to the camera and said, “I will not stand for a tax increase on small-business income.” Directly criticizing Obama, he added, “what you want to do to `Joe the plumber’ and millions more like him is have their taxes increased and not be able to realize the American dream of owning their own business.”

Today, at a rally in Downingtown, Pennsylvania, McCain said “the real winner last night was `Joe the plumber.”’

On Oct. 12, as Obama was campaigning door-to-door in suburban Toledo, Wurzelbacher confronted the Democratic presidential nominee about his tax plan.

`American Dream’

“Do you believe in the American dream?” Wurzelbacher asked before asking about the tax increase. “I’m being taxed more and more for fulfilling the American dream.”

Wurzelbacher’s home telephone number is unlisted, and efforts to reach him by calling his neighbors and family were unsuccessful. Attempts to reach Wurzelbacher at the plumbing company where he works were also unsuccessful. The address on the lien and other records for him matched the address published by the Toledo Blade, which also noted the lien.

The state of Ohio places a lien on real property after several steps to try to collect a tax debt, according to John Kohlstrand, a spokesman for the Ohio Department of Taxation who said he couldn’t discuss any specific case.

Delinquency Notice

If a delinquency notice goes unheeded, the Department of Taxation issues a billing notice, Kohlstrand said. If that is ignored, a more formal assessment notice is sent. Failing to appeal an assessment or losing an appeal puts the debt into the hands of the state attorney general for collection. The attorney general typically sends a collection notice and simultaneously files a lien.

“The taxpayers may not necessarily know about the lien,” Kohlstrand said, although they would receive other notices.

In Wurzelbacher’s case, the lien indicated that the notice was sent to a previous address in Toledo.

Ray Ann Estep, section chief for revenue-recovery services for the Ohio attorney general, said Wurzelbacher’s lien was filed six months after the Department of Taxation certified the debt for collection.

“Unfortunately, sometimes people don’t resolve their debts as quickly as we would like them to,” she said.

Obama’s Plan

In addition to tax credits and a proposal that would allow Wurzelbacher to avoid paying capital-gains taxes if he ever sold the business he wants to acquire for a profit, Obama has proposed allowing the top two tax rates of 33 percent and 35 percent to revert to what they were during the Clinton administration, or 36 percent and 39.6 percent, respectively.

In 2007, the 33 percent bracket kicked in for taxable income exceeding $195,851.

Under Obama’s proposal, Wurzelbacher would face about $900 more in taxes if he netted $280,000 of income from his new business and had to pay an extra 3 percentage points on the amount over $195,851, said Gerald Prante, a senior economist at the Tax Foundation, a Washington research group that is examining both candidates’ plans.

“His average tax burden, the final bill he pays to the IRS isn’t going to go up much if he’s just making $280,000 a year,” Prante said. He would face higher marginal tax costs to expand the business beyond that, he said.

Not Taxable Income

It’s far more likely that the $280,000 Wurzelbacher told Obama he’d earn would be in the form of gross receipts and not taxable income, said Steven Bankler, a certified public accountant in San Antonio, who counts plumbers and other trade professionals as his clients.

By the time Wurzelbacher took proper business deductions, Bankler said, he’d be left with between $150,000 and $200,000 in taxable income and wouldn’t be affected by Obama’s proposed increase in the top rates.

Wurzelbacher might eventually have to pay more employment taxes under Obama’s plan to impose a rate of between 2 percent and 4 percent on wages over $250,000, Bankler said, but Obama has said that change wouldn’t take effect for a decade

Source- Bloomberg

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Plumber makes $250,000 a year . Is that a joke?

Joe the plumber makes $250,000 a year whereas according to the Bureau of Labor Statistics, the mean annual wage for plumbers in the United States in 2007 was $47,350.

Why are these politicians calling him a plumber when in reality he is a businessman. I bet next they will next call Bill Gates an electrician.

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