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	<title>Comments on: The David Copperfield School of Economic Recovery, Pt. II</title>
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	<description>news and commentary from a conservative perspective</description>
	<lastBuildDate>Thu, 26 Nov 2009 23:03:17 -0500</lastBuildDate>
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		<title>By: Rush Limbaugh: Obama is Destroying the Economy!&#8211;Videos &#171; Pronk Palisades</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-716345</link>
		<dc:creator>Rush Limbaugh: Obama is Destroying the Economy!&#8211;Videos &#171; Pronk Palisades</dc:creator>
		<pubDate>Tue, 09 Jun 2009 20:41:25 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-716345</guid>
		<description>[...] called it the David Copperfield School of Economic Recovery back in March. But I realize now what an insult that is to David Copperfield, whose illusions are still [...]</description>
		<content:encoded><![CDATA[<p>[...] called it the David Copperfield School of Economic Recovery back in March. But I realize now what an insult that is to David Copperfield, whose illusions are still [...]</p>
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		<title>By: Michelle Malkin &#187; The biggest, most magical makework program ever!</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-715325</link>
		<dc:creator>Michelle Malkin &#187; The biggest, most magical makework program ever!</dc:creator>
		<pubDate>Mon, 08 Jun 2009 17:02:03 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-715325</guid>
		<description>[...] called it the David Copperfield School of Economic Recovery back in March. But I realize now what an insult that is to David Copperfield, whose illusions are still [...]</description>
		<content:encoded><![CDATA[<p>[...] called it the David Copperfield School of Economic Recovery back in March. But I realize now what an insult that is to David Copperfield, whose illusions are still [...]</p>
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		<title>By: Markets Rally on Hopes of Regulatory Relief&#160;&#124;&#160;OpenMarket.org</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-666531</link>
		<dc:creator>Markets Rally on Hopes of Regulatory Relief&#160;&#124;&#160;OpenMarket.org</dc:creator>
		<pubDate>Thu, 02 Apr 2009 15:59:21 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-666531</guid>
		<description>[...] concepts in a much more extreme way that a mere relaxation of mark-to-market accounting rules. The Treasury Secretary claims taxpayers won&#8217;t lose a full trillion under Obama&#8217;s toxic-asset program, because [...]</description>
		<content:encoded><![CDATA[<p>[...] concepts in a much more extreme way that a mere relaxation of mark-to-market accounting rules. The Treasury Secretary claims taxpayers won&#8217;t lose a full trillion under Obama&#8217;s toxic-asset program, because [...]</p>
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		<title>By: chapnickname</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-659010</link>
		<dc:creator>chapnickname</dc:creator>
		<pubDate>Wed, 25 Mar 2009 17:12:36 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-659010</guid>
		<description>....</description>
		<content:encoded><![CDATA[<p>&#8230;.</p>
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		<title>By: La Transici&#243;n de Obama: econom&#237;a. El Plan de Rescate de Bancos de Geithner &#171; Sarah Palin en Español</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-658034</link>
		<dc:creator>La Transici&#243;n de Obama: econom&#237;a. El Plan de Rescate de Bancos de Geithner &#171; Sarah Palin en Español</dc:creator>
		<pubDate>Wed, 25 Mar 2009 00:30:48 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-658034</guid>
		<description>[...] fantástica Michelle Malkin, cuya inteligencia es pareja a su facilidad para acertar con los nombres, dice que las políticas [...]</description>
		<content:encoded><![CDATA[<p>[...] fantástica Michelle Malkin, cuya inteligencia es pareja a su facilidad para acertar con los nombres, dice que las políticas [...]</p>
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		<title>By: chapoutier</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657813</link>
		<dc:creator>chapoutier</dc:creator>
		<pubDate>Tue, 24 Mar 2009 21:00:08 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657813</guid>
		<description>&lt;blockquote&gt;All businesses over $3 million were then subject to the tax. (Chappy said $5 mill).&lt;/blockquote&gt;

I said $5 million because it is $5 million.  &lt;a href=&quot;http://otr.cfo.dc.gov/otr/frames.asp?doc=/otr/lib/otr/tax/forms/2007/2007_fr-1500.pdf&quot; rel=&quot;nofollow&quot;&gt;Here &lt;/a&gt;is the link for the instructions on the baseball fee tax form.  &lt;a href=&quot;http://www.cfo.dc.gov/cfo/frames.asp?doc=/cfo/lib/cfo/services/fiscal_impact/pdf/B15-1028_Ballpark_Finance_Act_final.pdf&quot; rel=&quot;nofollow&quot;&gt;Here &lt;/a&gt;is a link to the original legislation.  See page 21.

&lt;blockquote&gt;
That means any new taxes to make up the difference of $200 million and any new taxes for nearly anything else the city needed would get levied upon or passed on to the good people of DC. 
&lt;/blockquote&gt;

Wrong again.  The city has other revenue streams from the ball park, including the rent the Nats pay as well as parking fees and other fees collected from people actually going to the stadium.  

&lt;blockquote&gt;Leftists like Chappy want to think taxes have no impact on people.&lt;/blockquote&gt;

No.  I fully admit that the people that solicit the richest businesses may be affected, though if you look at how much revenue is being generated it is very small.  For a company making $5 million in revenue, the fee amounts to 11 one hundredths of one percent.  What I do not claim is that poor black people in the District will be footing the bill.</description>
		<content:encoded><![CDATA[<blockquote><p>All businesses over $3 million were then subject to the tax. (Chappy said $5 mill).</p></blockquote>
<p>I said $5 million because it is $5 million.  <a href="http://otr.cfo.dc.gov/otr/frames.asp?doc=/otr/lib/otr/tax/forms/2007/2007_fr-1500.pdf" rel="nofollow">Here </a>is the link for the instructions on the baseball fee tax form.  <a href="http://www.cfo.dc.gov/cfo/frames.asp?doc=/cfo/lib/cfo/services/fiscal_impact/pdf/B15-1028_Ballpark_Finance_Act_final.pdf" rel="nofollow">Here </a>is a link to the original legislation.  See page 21.</p>
<blockquote><p>
That means any new taxes to make up the difference of $200 million and any new taxes for nearly anything else the city needed would get levied upon or passed on to the good people of DC.
</p></blockquote>
<p>Wrong again.  The city has other revenue streams from the ball park, including the rent the Nats pay as well as parking fees and other fees collected from people actually going to the stadium.  </p>
<blockquote><p>Leftists like Chappy want to think taxes have no impact on people.</p></blockquote>
<p>No.  I fully admit that the people that solicit the richest businesses may be affected, though if you look at how much revenue is being generated it is very small.  For a company making $5 million in revenue, the fee amounts to 11 one hundredths of one percent.  What I do not claim is that poor black people in the District will be footing the bill.</p>
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		<title>By: WarEagle82</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657714</link>
		<dc:creator>WarEagle82</dc:creator>
		<pubDate>Tue, 24 Mar 2009 19:50:25 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657714</guid>
		<description>Interestingly enough Chappy&#039;s version of the tax situation in DC had some elements of the truth.  But, there are serious omissions in his reporting of the facts.  And my analysis still stands.  Ultimately the good people of DC will pay the the taxes.  That is just the way it works.  

All businesses over $3 million were then subject to the tax.  (Chappy said $5 mill).  There are (or were) about 2,000 such businesses in DC back in 2004.  Chappy gave the correct number.

The price of the stadium was projected at 440 million back in 2004.  It actually cost over $600 million.  Some say $760 million.  Nobody will ever know the true cost as the DC government will bury any costs is wants to hide.  

The DC City Council promised no more taxes on businesses after they agreed to pay for the $440 million.  That means any new taxes to make up the difference of $200 million and any new taxes for nearly anything else the city needed would get levied upon or passed on to the good people of DC.  

Leftists like Chappy want to think taxes have no impact on people.  That is why idiots like Obama can complain about unemployment one second and then turn around and cause unemployment by taxing businesses the next minute and never think about it twice.  

Corporations don&#039;t pay taxes.  People do.  Taxes &quot;trickle down&quot; to people in the form of higher costs and lost jobs.   

Look here for details:  http://www.washingtonpost.com/wp-dyn/articles/A45647-2004Sep23.html

google &quot;nationals stadium dc taxes&quot; for more stories.</description>
		<content:encoded><![CDATA[<p>Interestingly enough Chappy&#8217;s version of the tax situation in DC had some elements of the truth.  But, there are serious omissions in his reporting of the facts.  And my analysis still stands.  Ultimately the good people of DC will pay the the taxes.  That is just the way it works.  </p>
<p>All businesses over $3 million were then subject to the tax.  (Chappy said $5 mill).  There are (or were) about 2,000 such businesses in DC back in 2004.  Chappy gave the correct number.</p>
<p>The price of the stadium was projected at 440 million back in 2004.  It actually cost over $600 million.  Some say $760 million.  Nobody will ever know the true cost as the DC government will bury any costs is wants to hide.  </p>
<p>The DC City Council promised no more taxes on businesses after they agreed to pay for the $440 million.  That means any new taxes to make up the difference of $200 million and any new taxes for nearly anything else the city needed would get levied upon or passed on to the good people of DC.  </p>
<p>Leftists like Chappy want to think taxes have no impact on people.  That is why idiots like Obama can complain about unemployment one second and then turn around and cause unemployment by taxing businesses the next minute and never think about it twice.  </p>
<p>Corporations don&#8217;t pay taxes.  People do.  Taxes &#8220;trickle down&#8221; to people in the form of higher costs and lost jobs.   </p>
<p>Look here for details:  <a href="http://www.washingtonpost.com/wp-dyn/articles/A45647-2004Sep23.html" rel="nofollow">http://www.washingtonpost.com/wp-dyn/articles/A45647-2004Sep23.html</a></p>
<p>google &#8220;nationals stadium dc taxes&#8221; for more stories.</p>
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		<title>By: katablog</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657129</link>
		<dc:creator>katablog</dc:creator>
		<pubDate>Tue, 24 Mar 2009 14:39:40 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657129</guid>
		<description>Here is exactly how Geithner is going to get investors to invest in his toxic asset investment program:&lt;a href=&quot;http://www.washingtonpost.com/wp-dyn/content/article/2009/03/24/AR2009032400847.html?hpid=topnews&quot; rel=&quot;nofollow&quot;&gt;I control all companies&lt;/a&gt; Note: it&#039;s ALL businesses that Timmy decides threaten the economy. You don&#039;t buy my toxic assets - you threaten the economy.</description>
		<content:encoded><![CDATA[<p>Here is exactly how Geithner is going to get investors to invest in his toxic asset investment program:<a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/03/24/AR2009032400847.html?hpid=topnews" rel="nofollow">I control all companies</a> Note: it&#8217;s ALL businesses that Timmy decides threaten the economy. You don&#8217;t buy my toxic assets &#8211; you threaten the economy.</p>
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		<title>By: corona</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657103</link>
		<dc:creator>corona</dc:creator>
		<pubDate>Tue, 24 Mar 2009 14:13:41 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657103</guid>
		<description>&lt;a href=&quot;http://www.latimes.com/news/la-fi-aig24-2009mar24,0,6341689.story?track=rss&quot; rel=&quot;nofollow&quot;&gt;You stay classy, Andy.&lt;/a&gt;

Cuomo won a legal ruling last week that entitles him to publicly identify the bonus recipients. But he held off revealing the names after Liddy said some employees had received threats.

The attorney general said Monday that he wouldn&#039;t release the names of people who returned their bonuses.

&quot;&lt;strong&gt;If a person returns the money, I don&#039;t believe there&#039;s a public interest in releasing their name,&quot; he said.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><a href="http://www.latimes.com/news/la-fi-aig24-2009mar24,0,6341689.story?track=rss" rel="nofollow">You stay classy, Andy.</a></p>
<p>Cuomo won a legal ruling last week that entitles him to publicly identify the bonus recipients. But he held off revealing the names after Liddy said some employees had received threats.</p>
<p>The attorney general said Monday that he wouldn&#8217;t release the names of people who returned their bonuses.</p>
<p>&#8220;<strong>If a person returns the money, I don&#8217;t believe there&#8217;s a public interest in releasing their name,&#8221; he said.</strong></p>
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		<title>By: sonofdy</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657094</link>
		<dc:creator>sonofdy</dc:creator>
		<pubDate>Tue, 24 Mar 2009 13:59:11 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657094</guid>
		<description>&lt;blockquote&gt;U.S. Seeks Expanded Power to Seize Firms&lt;/blockquote&gt;

It was only a matter of time. The speed of it is breath taking however. Only lenin moved faster. It took hitler YEARS to get this far.</description>
		<content:encoded><![CDATA[<blockquote><p>U.S. Seeks Expanded Power to Seize Firms</p></blockquote>
<p>It was only a matter of time. The speed of it is breath taking however. Only lenin moved faster. It took hitler YEARS to get this far.</p>
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		<title>By: wighttrasch</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657086</link>
		<dc:creator>wighttrasch</dc:creator>
		<pubDate>Tue, 24 Mar 2009 13:45:09 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657086</guid>
		<description>Mua&#039;Dhib chap??

His name is a killing word!!</description>
		<content:encoded><![CDATA[<p>Mua&#8217;Dhib chap??</p>
<p>His name is a killing word!!</p>
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		<title>By: And More Nonsense From Geithner &#171; Beltway Snark</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657043</link>
		<dc:creator>And More Nonsense From Geithner &#171; Beltway Snark</dc:creator>
		<pubDate>Tue, 24 Mar 2009 13:01:13 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657043</guid>
		<description>[...] From&#160;Geithner  Jump to Comments  Look, he&#8217;s finally coming up with something that looks like a plan! Alas, the plan has one huge gaping fatal flaw. Read this and tell me if you can see the flaw: [...]</description>
		<content:encoded><![CDATA[<p>[...] From&nbsp;Geithner  Jump to Comments  Look, he&#8217;s finally coming up with something that looks like a plan! Alas, the plan has one huge gaping fatal flaw. Read this and tell me if you can see the flaw: [...]</p>
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		<title>By: Misscheryl</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-657037</link>
		<dc:creator>Misscheryl</dc:creator>
		<pubDate>Tue, 24 Mar 2009 12:57:02 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-657037</guid>
		<description>&lt;blockquote&gt;U.S. Seeks Expanded Power to Seize Firms
Goal Is to Limit Risk to Broader Economy

By Binyamin Appelbaum and David Cho
Washington Post Staff Writers
Tuesday, March 24, 2009; A01 



The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document&lt;/blockquote&gt;

Gee - I&#039;m sooooo surprised.  NOT!</description>
		<content:encoded><![CDATA[<blockquote><p>U.S. Seeks Expanded Power to Seize Firms<br />
Goal Is to Limit Risk to Broader Economy</p>
<p>By Binyamin Appelbaum and David Cho<br />
Washington Post Staff Writers<br />
Tuesday, March 24, 2009; A01 </p>
<p>The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document</p></blockquote>
<p>Gee &#8211; I&#8217;m sooooo surprised.  NOT!</p>
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		<title>By: graysonret</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-656957</link>
		<dc:creator>graysonret</dc:creator>
		<pubDate>Tue, 24 Mar 2009 09:15:40 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-656957</guid>
		<description>You aren&#039;t going to get any investors coming forward, when they all know inflation is on its way here. Who wants to invest in today&#039;s dollars, only to receive tomorrow&#039;s inflated dollars? My concern is how other countries who have invested in the U.S., especially China, are going to feel being paid back in inflationary dollars? &quot;Thanks for your $1 investment. Here&#039;s your return of 0.75 cents.&quot; We&#039;re going down the same old path again, this time, expecting different results. We used to call that insanity.</description>
		<content:encoded><![CDATA[<p>You aren&#8217;t going to get any investors coming forward, when they all know inflation is on its way here. Who wants to invest in today&#8217;s dollars, only to receive tomorrow&#8217;s inflated dollars? My concern is how other countries who have invested in the U.S., especially China, are going to feel being paid back in inflationary dollars? &#8220;Thanks for your $1 investment. Here&#8217;s your return of 0.75 cents.&#8221; We&#8217;re going down the same old path again, this time, expecting different results. We used to call that insanity.</p>
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		<title>By: wild thing2</title>
		<link>http://michellemalkin.com/2009/03/23/the-david-copperfield-school-of-economic-recovery-pt-ii/comment-page-2/#comment-656950</link>
		<dc:creator>wild thing2</dc:creator>
		<pubDate>Tue, 24 Mar 2009 07:29:08 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/?p=25104#comment-656950</guid>
		<description>Great write up Michelle, thank you. I agree totally with what you said. I wish they would leave this all alone but they won&#039;t, they ( Obama ) wants to destroy our country.</description>
		<content:encoded><![CDATA[<p>Great write up Michelle, thank you. I agree totally with what you said. I wish they would leave this all alone but they won&#8217;t, they ( Obama ) wants to destroy our country.</p>
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