Friday, December 31, 2010

Follow the Constitution! If It Needs Updating, Amend It!

The Liberal Media At it Again!

Thursday, December 30, 2010

With The U.S. Corporate Tax Rate at 35%, Watch Out for Our Northern Neighbor


 Canada Slashes Business Levies

Canada is poised to cut its corporate-tax rate to 16.5% on Jan. 1, part of a decade-long campaign that some experts say is making the country one of the most cost-effective places to do business in the developed world.
Canada's government says the cuts and other business-attracting measures should bring more investment to the country. Economists say it's tough to figure out what the actual effects of such moves are, though some companies say Canada's relatively low taxes and stable financial and regulatory environment swayed their decisions to move operations and capital north.
Skeptics point out that because of Canada's relatively small market—the nation's population and economy are roughly a tenth the size of those in the U.S.—attracting investments could still be a hard sell.
The latest tax cut is Canada's fourth in as many years and will lower its federal corporate income-tax rate from the current 18% to less than half of the U.S.'s 35%, at a time when economists and government officials fret that high U.S. taxes could be discouraging investment south of the border.
In 2012, Canada plans to cut its corporate taxes further, to 15%, bringing combined provincial and federal taxes to about 25%, from a combined average of 42.6% in 2000.
The Canadian government says those cuts will give Canada the lowest overall tax rate on business investment in the Group of Seven Industrialized Nations when deductions and credits are factored in.
The cuts have been accompanied by other business-friendly policies in the past few years, from removing corporate surtaxes and levies on capital to a promotional blitz by Canadian politicians and business leaders bent on taking advantage of the country's relatively strong standing after the recession.
"We have our deficit and debt situations under control,'' said Finance Minister Jim Flaherty, in an interview earlier this month. "Our financial sector is solid so people don't need to be concerned about dealing with Canadian banks.''
Some legislators worry that continued corporate tax cuts will curtail revenue, a particularly sensitive topic now that Canada is running a federal deficit of about 55.6 billion Canadian dollars ($55.6 billion).
The opposition Liberal party estimates the planned corporate tax cuts will add another C$6 billion to the country's debt.
But others say the moves are having a positive impact.
Canadian Manufacturers & Exporters, a business lobbying group, estimates that after-tax profits for businesses during the first three quarters of 2010 were C$17 billion higher than they would have been if corporate tax rates had remained at their 2000 levels.
Accounting firm KPMG this year said Canada led other developed nations as a cost-effective place to put businesses, in its biennial comparison of global locales that includes effective tax rates as well as other factors, such as the cost of labor and utilities.
Since 2008, KPMG has been moving internal marketing, technology and finance services to Toronto from London and other locations. Toronto is now KPMG's biggest global support center with more than 200 staffers.
Gregory Ebel, chief executive of Spectra Energy Corp., Houston, Texas, said Canada's tax advantages are a big reason the company plans to invest more than $2 billion there in the next two years on infrastructure projects, particularly in natural-gas facilities in British Columbia.
The combined federal and provincial tax rate for the gas pipeline operator comes to roughly 25% in Canada, versus around 40% in the U.S., according to Mr. Ebel.
"Boy, that drives investment decisions,'' Mr. Ebel said. "The current environment in Canada looks better from a tax and fiscal perspective than the U.S.''
The Citco Group of Companies, a financial group that specializes in serving hedge funds, looked at the stability of Canada's regulatory system when it decided to put its only North American bank in Toronto, said Scott Case, Citco Bank Canada's managing director.
The bank joined a securities-processing arm—one of two globally—that Citco opened in Toronto in 2008, as well as a large, 20-year-old fund-services branch. Between the three, Citco now employs nearly 800 people in Toronto.
Citco's bet on Canada looked particularly good after the financial crisis crippled many of New York's big financial players, Mr. Case said. "The market here has been very stable,'' he said.
M&T Bank, based in Buffalo, N.Y., was following its customers when it decided a few years ago to open a branch in Toronto, said John MacLeod, the principal officer for the branch. The bank, which offers loans and lines of credit to firms that trade across the U.S.-Canada border, found that "increasingly our U.S. clients were looking to do more business in Canada,'' he said.
M&T's decision was helped along by a regulatory change that made it possible for U.S. banks to open Canadian branches rather than just subsidiaries, said Mr. MacLeod.

Wednesday, December 29, 2010

Even More on Albert Louis-Jean

Scouts Inc.'s Billy Tucker had this to add on the Eagles' big get:
"The Eagles land their first four-star prospect for 2011 and now claim the top rated prospect in Massachusetts with committed of Louis-Jean, a former Miami pledge. The top-10 rated national corner has a lot of physical tools to develop in Chestnut Hill and should be one of the more athletic defensive back's on the Eagles depth chart as soon as he arrives on campus."

"At 6-foot-1, Louis-Jean has ideal height, length and range for a perimeter defender but also good footwork and overall agility needed to match up in space. His speed is more straight-line but still very good for his size and he should excel in B.C.'s zone schemes with his good closing burst and physicality. A great pickup for Boston College adding to a deep, quality class lacking a ton of blue chip prospects but filled with fundamentally sound, coachable prospects they have been achieving consist success with."

Tuesday, December 28, 2010

More Albert Louis-Jean

December 28th, 2010
Brockton football star Albert Louis-Jean stays close to home, commits to BC
Posted by Danny Ventura at 8:37 am

Two-time Herald All-Scholastic defensive back Albert Louis-Jean gave a verbal commitment to Boston College late last night. The 6-foot-2, 180-pounder felt that getting an opportunity to play in his backyard was too good to pass up.

“It’s home, that’s about it,” said Louis-Jean, who would like to major in finance. “The coaching staff have been recruiting me since my sophomore year and they were very genuine guys. They spoke to me about the opportunities I would have at BC.”

Louis-Jean originally gave a verbal commitment to Miami, but shied away when head coach Randy Shannon was fired followed a loss to South Florida to conclude the regular season.

Brockton head football coach Peter Colombo was elated with the news.

“I think Albert has all the physical tools schools are looking for,” he said. “BC does a great job with their athletes. They graduate them, they don’t rush them along. They allow all the athletes to develop at a right pace.

“I have a great deal of respect for Spaz (head coach Frank Spaziani) and assistant coach Sean Devine. (Defensive coordinator) Billy McGovern is a good friend of mine. I think there is a lot of stability in the program now knowing that Spaz is going to be around.”

Video - The Bubble Goes Up at Alumni Stadium

The Bubble

NY Times - December 28, 1940

http://www.freerepublic.com/focus/f-chat/2648316/posts

More on the Out of Control 111th Congress

And, then there’s this- $10,429.64 in new debt for each and every person in the US.
CNS News reported:
The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.
That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.
The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.

Huge Commit for Football

Albert Louis-Jean commits to BC.  This recruiting class is very good.

http://footballrecruiting.rivals.com/content.asp?CID=1169685

Friday, December 24, 2010

Rare Photos of Hitler and His Henchmen - Christmas, 1941

I read the Rise and the Fall of the Third Reich by William Shirer when I was 12 years old and have had a keen interest in 20th Century history ever since.  Here are some rare photos of Hitler celebrating Christmas in 1941. At this time, the tide had begun to turn against Hitler.  In June, 1941, Nazi forces invaded the Soviet Union and got within a few miles of Moscow when the harsh Russian winter set in.   With America now in the war against Nazi Germany, it was the beginning of the end for Hitler and his dream of world conquest. 

Hitler - Christmas 1941

Scott Brown

I don't always agree with Senator Brown's votes in the Senate.  But I do admire him for standing up to the Far Right.  Also, who would you rather have as your senator:  Brown or Martha Coakley??   I'll take Scott Brown any day.


Scott Brown vs. Tea Party

Thursday, December 23, 2010

Alex Murphy

I would love to see the son of BC alum, Jay Murphy, come to BC.

Alex Murphy

"Most Productive Congress In Decades."

That is what President Obama said yesterday about the 111th Congress.   How productive were they?  When Nancy Pelosi took over in 2007 as Speaker of the House,  the national deficit was $162 billion. When she exits as Speaker it will be at $1.29 Trillion dollars.

Very productive indeed.  

Tuesday, December 21, 2010

Massachusetts to Lose 1 Seat in Congress

The Census announced today that the U.S. population rose 9.7% to 308,745,538, the slowest increase since the Great Depression. The data also reapportioned the number of seats in the House of Representatives. Here’s the list of who lost and who gained seats:
New York -2
Ohio -2
Illinois -1
Iowa -1
Louisiana -1
Massachusetts -1
Michigan -1
Missouri -1
New Jersey -1
Pennsylvania -1
Arizona 1
Georgia 1
Nevada 1
South Carolina 1
Utah 1
Washington 1
Florida 2
Texas 4

You've Got To Be Kidding

A new study suggests that Christmas trees should be removed from public places so that non-believers will feel comfortable.
The Telegraph reported, via Free Republic:
Researchers at Simon Fraser University in Canada, found non-Christians feel less self-assured and have fewer positive feelings if a Christmas tree was in the room.
The scientists conducted the study using 77 Christians and 57 non-believers, including Buddhists and Sikhs.
The participants did not know the survey was about Christmas, and were asked to fill in questions about themselves both when a 12-inch Christmas tree was in the room and when it was not.
“Non-celebrators” reported fewer positive feelings and less self-assurance in the Christmas room. Christians were mostly cheered by the tree.
Christians, however, did report feeling more guilt when a tree was in the room, which, claim the researchers, suggests the holidays can be stressful.

Barney Frank on the Estate Tax

Why do we keep re-electing this idiot!

http://www.theblaze.com/stories/barney-frank-double-dip-estate-tax-not-punishment-because-heirs-didnt-do-anything-to-deserve-it/

Eagle In Atlanta

This is a great blog.  Read his viewpoint on the Spaz contract extension:

Eagle In Atlanta

Monday, December 20, 2010

More Nancy Pelosi - I Can't Help Myself

The Best of Our Speaker

BC Defenseman Patch Alber

Patch Alber is out for 6-8 weeks with a broken jaw.   BC will be without its top 3 defensemen to the World Junior tournament (Wey, Dumoulin, and Samuelsson) and now Alber for the Christmas tournament and the first post-New Year's Hockey East series.  

Who will play on defense?

More on Coach Spaz

Boston College has extended the contract of Head Football Coach Frank Spaziani for two years (through the 2015 season), Director of Athletics Gene DeFilippo announced today. Spaziani had three years remaining on his original contract.

“Frank Spaziani has done a terrific job in his first two seasons as our head football coach,” DeFilippo said. “There is no doubt in my mind that he has our program headed in the right direction. He is a man of uncompromised integrity and principle, and he has provided great stability to our program. He has overcome some obstacles along the way and is building the foundation for great things to come. This contract extension is an indication of the University’s confidence in him.”

“I am very appreciative of this contract extension,” Spaziani said. “As I have said in the past, I am honored to be the head football coach at Boston College; there’s no other place I would rather be. I look forward to leading this program into the future.”

Coach Spaz

Coach Spaz received a contract extension through 2015. 

Ernst and Young

New York prosecutors are poised to file civil fraud charges against Ernst & Young for its alleged role in the collapse of Lehman Brothers, saying the Big Four accounting firm stood by while the investment bank misled investors about its financial health.

State Attorney General Andrew Cuomo is close to filing the case, which would mark the first time a major accounting firm was targeted for its role in the financial crisis. The suit stems from transactions Lehman allegedly carried out to make its risk appear lower than it actually was.
http://online.wsj.com/article/SB10001424052748704138604576029991727769366.html?mod=djemalertNEWS

Boston College moves to 11-0

UConn ties UCLA with rout

By Herald wire services
Monday, December 20, 2010 -
Kerri Shields scored eight of her 18 points during a 23-0 run to close the first half and No. 25 Boston College extended its best start ever with an 85-55 victory over UNC-Wilmington yesterday at Conte Forum.
Carolyn Swords added 23 points and six rebounds for the Eagles (11-0), who climbed into the Top 25 last week for the first time this season and began the day leading the nation in scoring at 90.3 points per game.
Brittany Blackwell led UNC-Wilmington (6-3) with 15 points and seven rebounds in the schools’ first meeting. The Seahawks fell to 0-21 against ranked opponents.

BC scored 15 of the first 17 points before the Seahawks closed the gap to 31-25 on Alisha Andrews’ layup with just over five minutes left in the half. Swords started the game-deciding run with a layup and two free throws, Shields added two 3-pointers and BC led 54-25 at halftime.

Great Article About Brian Gibbons

BC's Brian Gibbons

Friday, December 17, 2010

An Oldie Pelosi But Goodie Pelosi - Why I DId Not LIke the Health Care Bill

"We have to pass the bill so you can find out what is in it."

She Is Not Very Smart - She Just Isn't

Speaker

An Amusing Email From a Student

As embarrassing as it is: reasons that I know tax/Prof Taylor have taken over my life

(1)Our first round of drinks last night was to "You finished tax"... apparently my roommates are not fond of all of the tax fun facts that I share with them daily... I was also told that they're glad to finally have their most reliable drinking friend back as tax has recently consumed my life.

(2)I got into an actual fight with my roommate about her not claiming her waitressing tips... found myself mentioning the 'tax gap' (eek)

(3)I wanted EVERYTHING at the BC bookstore.

(4) My first response upon returning home and seeing my father's gift basket from his boss was "you know he can't even deduct that"

(5) My mother has already banned me from discussing the tax implications of everything and my sister announced after my conversation with my Dad at dinner about the tax cuts that she 'doesn't even know me anymore' 

(6) When my friend asked how excited I was to be done with tax I mayyyy or may not have responded "I'm definitely not going to miss the work but I might miss the class a little"

I really hate to admit all of these things but I felt that after being such a pain in the ass all semester I at least owed you this much. Thanks for a great semester. You are truly the most enthusiastic professor about his or her subject matter that I have ever had which made a subject that I was dreading ALMOST enjoyable (almostttt) and a 9am class senior year ALMOST bearable. I have to say I really did learn so much and for the first time have actually retained most of it. I hope you enjoy your holidays and break... I sure know I will now that tax class is done :)

Good News for the American People

Harry Reid Surrenders!

Tuesday, December 14, 2010

When Is Congress Going Stop Spending!!!

Democrats Introduce Near 2,000-Page, $1.1 Trillion Spending Bill 2.5 Weeks Before Lame Duck Session Ends

Obama: "I Don't Think There's A Sense That I've Been Successful"

I wonder why??

http://www.realclearpolitics.com/video/2010/12/14/obama_i_dont_think_theres_a_sense_that_ive_been_successful.html

I Used To Think Obama Was Smart

"This tax package does a couple of things immediately for economic growth in Florida. Number one, for those folks looking for work right now, it extends their unemployment benefits. Two million people across the country would lose their unemployment benefits at the end of this month if we did not move forward on this tax agreement. And economists say that not only is that good for those families, it's good for the entire economy. It's probably the biggest boost that we can give an economy because those folks are most likely to spend the money with businesses, and that gives them customers," President Obama told Tampa Bay's Channel 8.Obama on Unemployment Benefits

Unconstitutional!

Obamacare Ruled Unconstitutional in Virginia Ruling

Sunday, December 12, 2010

Some of My Sophomore Students

Would Jerry York Talk Like This After a Loss??

Saturday, December 11, 2010

BU falls at No. 15 RPI 4-1 in game defined by penalties

By Sam Dykstra/DFP Staff

Jack Parker never talks about the referees. Bring the men in the zebra stripes up during a press conference, and the Boston University men’s hockey coach politely declines.

But following his No. 7 BU team’s 4-1 loss to No. 15 Rensselaer Polytechnic Institute at Houston Fieldhouse in which the game ended with three ejections – all Terriers – and a bench minor on Parker for arguing, the 38-year coach finally felt the need to say a thing or two about the referees.

“It’s hard to play when you get jobbed like we did tonight, and we got jobbed tonight,” Parker said. “But other than that, I like how we played. But it was not an even match.”

“I was glad to see our guys stick up for everybody,” Parker said. “They realized what was happening to them, and you couldn’t not get frustrated. It’s hard to not get frustrated when you’re getting a bad deal.”

Saturday, December 11, 2010

LB Luke Kuechly

Congratulations to Boston College Linebacker Luke Kuechly on his selection  to the 67th Football Writers Association of America All-America Team.  And he is only a sophomore!

http://www.sportswriters.net/fwaa/news/2010/allamerica101211.html
 

This Is Troubling!

Here is an analysis of disposable income and economic benefits among several key income classes.  The study comes to the stunning conclusion that “a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year.” And that excludes benefits from Supplemental Security Income disability checks. 
Study

Latest on Miami's Coaching Search

As of Friday night, the following names had emerged as leading candidates: Temple University coach Al Golden, Connecticut coach Randy Edsall and Montreal Alouettes coach Marc Trestman.

Thursday, December 9, 2010

Class Today - Anna, Lauren and Amy #2

College Hockey Article in Today's Wall Street Journal

How Far Can College Hockey Go?

As Michigan Readies for Michigan State, and 113,000 fans, the Sport's 'Niche' Status Is Under Review 

Ann Arbor, Mich.
This Saturday, Michigan will host Michigan State in an outdoor hockey game at its football stadium before an anticipated crowd of 113,000 people. For two hours, "The Big Chill," as the event is being called, will shove college hockey into an unusual spot: the center of the national sports discussion.
To optimists, there's some evidence this game could be college hockey's apotheosis: the moment it finally muscles up to the same table as its bigger siblings, basketball and football.
The Michigan athletic department sold nearly 80,000 tickets for the game on the first day of sales and the event has been essentially sold out since October. Thanks to the enormity of the crowd—it will shatter the attendance record for the number of people watching a hockey game by nearly 40,000—Michigan expects its hockey program to bring in more ticket revenue than basketball this season by a margin of more than $1 million.
Lon Horwedel
Ronnie Mason, an employee of Ice Rink Events of Houston, shovels excess snow off the ice rink at Michigan Stadium on Dec. 1 to prepare it for Saturday's 'Big Chill' hockey game between Michigan and Michigan State.
This unprecedented game comes at a time when the sport is already expanding beyond its traditional boundaries. Paul Kelly, the president of College Hockey Inc., the year-old marketing arm of NCAA hockey, estimated that up to five more schools may upgrade their club-hockey teams to varsity status in the next few years.
Joe Bertagna, the commissioner of Hockey East, pointed to signs the sport's appeal is crossing geographic boundaries. The percentage of college hockey players who hail from non-traditional hockey-playing areas has risen to 10.6% this season from just 3.8% nine years ago.
Now the question is: How far can college hockey go?
Penn State's ascension to Division I has led to speculation that the Big Ten will form its own hockey conference, since it will have the requisite six teams. (Currently, the Big Ten's five hockey schools are split up in two hockey-only conferences, the Central Collegiate Hockey Association and Western Collegiate Hockey Association.)
Other cold-weather schools with successful club programs, like Illinois, could also make the move to Division I. An Illinois spokesman said the school has no plans to consider adding hockey as a varsity program.
And then there's TV: The Big Ten Network, the conference's lucrative three-year-old sports channel, is a natural outlet that can carry games both regionally and nationally. The network is broadcasting nine hockey games this season. "We'd be interested in doing more," said spokeswoman Elizabeth Conlisk. "It certainly has quite a bit of appeal in this part of the country."
Big Ten schools, and Michigan in particular, demonstrate the sport's potential. The Wolverines draw near-sellout crowds at every home game at Yost Ice Arena, which holds 6,637 fans. And hockey tickets can be $30 cheaper than football tickets. Michigan athletic director David Brandon calls hockey the "best ticket in town."
Hockey converts say the size of the venues, the proximity to the action and the dedication of the fans—not to mention the colorful (and sometime obscene) chants they aim at opposing goalies make the atmosphere more appealing. "It's not people who vaguely associate with Michigan hockey," said David Schwartz, a junior. "The people who go to the games love the team and have an intimate knowledge of the sport."
Michigan hockey coach Red Berenson called the small but fervent group of hockey fans "friends" of hockey.
Still, those close to college hockey understand that the sport hasn't come close to its ceiling—and isn't likely to get there overnight.
Hockey has historically been a Northern sport with the highest participation in states like Minnesota, Michigan, and Massachusetts. The 58 Division I hockey programs are fewer than half the number of top-tier college football teams (120) and is light years behind the 347 programs in college basketball. The hockey season, which runs from October into April, coincides with both basketball and football.
The size of the Big Chill crowd isn't purely a testament to hockey. The novelty of the event and the rivalry between the two schools played a role, as did Michigan's decision to hold down prices.
Michigan State's hockey team is popular on campus, but has lately been competing with the school's highly ranked football and basketball teams, both of which are regularly on national television. The Spartans had a 323-game streak of consecutive home hockey sellouts from 1985 to 2004, but have seen hockey attendance dip since their 2007 national championship season.
Melanie MaxwellIAnnArbor.com
Michigan hockey players play a pick-up game on Monday as they test out the ice for the first time.
The sport has also sabotaged itself in small ways. While the NCAA hockey tournament—with its single-elimination format and chaotic, unpredictable nature—is one of the most entertaining spectacles in college sports, its attendance in regional rounds can be weak. The problem: most games are held in neutral sites. Last season, when Miami (Ohio) beat Michigan in double overtime in Fort Wayne, Ind., for a spot in the Frozen Four, just 3,204 fans showed up.
"You'll see growth" in hockey, said former Michigan athletic director Bill Martin, "but it won't be exponential."
Whether or not the Big Chill serves as a seismic event in college sports, there's no question the event is creating excitement. The throwback uniforms Michigan players will wear Saturday have been hot sellers on campus. "It's a great opportunity for new fans to come and watch that wouldn't normally," Michigan State hockey coach Rick Comley said. "It creates a unique opportunity to sit outside in the elements and watch the game as it was invented."
—Darren Everson contributed to this article

Wednesday, December 8, 2010

Keith Olbermann on Obama's Agreement to Extend the Bush Tax Cuts

MSNBC host Keith Olbermann, host of Countdown (to No Ratings!) blew a gasket last night on his show.  He is crazy:

Host of Countdown to No Ratings

World Juniors - USA Team

We may not have any defensemen for the the Christmas Tournament and the first Hockey East series in January but congratulations to BC defensemen Pat Wey, Philip Samuelsson and Brian Dumoulin as well as forward Chris Kreider for their selection to the team. 

World Juniors

Coach York

A player told me yesterday that Coach York said the crowd at Kelley Rink was the loudest he has experienced in his 17 seasons as coach at Boston College.   Check out this video of Coach York:

Coach York

The Anger of President Obama

From the Washington Compost

Sunday, December 5, 2010

Good Summary of This Weekend's Hockey Sweep of BU

Sweep!

Football Bowl Projections - BC to San Francisco

Orange - Virginia Tech vs. Stanford
Peach - Florida State vs. Mississippi State
Champs Sports - N.C. State vs. West Virginia
Sun - Miami vs. Notre Dame
Music City - North Carolina vs. Tennessee
Meineke Car Care - Clemson vs. Pittsburgh
Independence - Georgia Tech vs. Air Force
Military - Maryland vs. East Carolina
Kraft Fight Hunger - Boston College vs. Nevada

BC Sweeps BU!

BC 5 BU 2