Showing posts with label Rick Perry. Show all posts
Showing posts with label Rick Perry. Show all posts

Friday, November 22, 2019

Rick Perry's Dept. of Energy infested with Chinese spies on US and China payrolls, stealing sensitive military information

Energy’s Office of Intelligence and Counterintelligence had trouble investigating because of the “language barrier” and “insular nature” of the group of Chinese nationals working on six sensitive projects paid for by the U.S. government.

More here.

Tuesday, December 5, 2017

The new giant sucking sound of your jobs going abroad: Republican territorial tax "reform"

Phyliss Schlafly was rightly against a territorial system long ago, and most recently opposed it when the doofus from Texas, Rick Perry, proposed it as a candidate for president in 2015. Schlafly understood that it was anti-American, but she's dead, her voice gone silent. Only some lonely leftists remain who understand how wrong this is. No voices on the right are speaking out against this travesty.

Trump on the other hand thinks this is great, but obviously understands this as little as any other policy issue. He has become the Republicans' biggest chump, with the rest of us in tow.

From the story here:

Today, the United States has what’s known as a worldwide tax system in which all profits—foreign and domestic—are subject to a 35 percent corporate income tax. If a US company wants to return foreign profits to the United States, it pays the 35 percent rate minus what it’s paid to foreign governments. The House and Senate tax bills replace this with a “territorial” system that drops the tax rate to 20 percent for domestic profits and nothing for foreign profits.

The territorial model that the GOP is pushing would create an additional incentive to invest in countries like Ireland where the corporate rate is significantly lower than the United States. Republicans believe the differences won’t be big enough to drive investment abroad. Steve Rosenthal, a senior fellow at the Tax Policy Center, disagrees, saying that’s still “plenty of juice” to encourage companies to shift production to countries with lower tax rates. Kimberly Clausing, an expert in international taxation at Reed College, writes that the shift to a territorial system “makes explicit, and permanent, the preference for foreign income over domestic income.” She estimates that profit shifting already costs the US government more than $100 billion per year. 

Large multinational companies can already play games to avoid paying the full rate, such as transferring intellectual property to tax havens and then stashing those profits abroad to indefinitely put off paying US taxes. Apple, for example, transfers patents and other intangible assets abroad, and then further reduces its tax burden with additional sub-licensing. Through tax schemes with names like the “Double Irish With a Dutch Sandwich,” Apple has been able to amass more more than $128 billion in profits abroad that haven’t been touched by the IRS.

Republicans are proposing a series of guardrails to try to prevent companies shifting intangible assets—such as patents and trademarks—to tax havens. But Rosenthal says those protections are mostly ineffective and in fact create a set of new incentives to invest more abroad. He adds that it’s unclear whether the new status quo would be worse than the current system.

The main guardrail in the tax bills would impose a 10 percent tax on foreign profits that exceed a company’s “routine” return on tangible assets abroad. (Rosenthal’s blog post provides a more detailed explanation of how that works.) In theory, the guardrail would lead to companies paying a 10 percent tax when they shift profits to tax havens, but not when they actually make things abroad. In practice, the guardrail allows companies to shelter more money in tax havens when they build factories and other physical assets abroad—offering new tax incentives for companies to ship jobs overseas.

Either way, 10 percent is still half of what they would have paid if they hadn’t tried to game the system. Clausing argues that’s a clear sign Republicans are favoring foreign profits. Another is that Republicans’ aren’t using a territorial tax model that requires companies to pay a minimum rate in every country they operate in. Instead, the bill only considers whether they pay 10 percent abroad, on average. That’s an easy loophole to exploit. If Ford has a factory in Japan, it pays a corporate tax rate of about 30 percent. Ford could then shift intangible assets from the United States to a tax haven like Bermuda and still be paying more than 10 percent on a global basis. Clausing tells Mother Jones that it’s “well-known that a per-country minimum tax would be more effective and I think that’s why they didn’t do it.” 

Wednesday, December 14, 2016

The Trump cabinet and administration so far as rated by Numbers USA

Jeff Sessions: A+
Mike Pompeo: B+
Ryan Zinke: B-
Rick Perry: C
Tom Price: C

Tuesday, December 13, 2016

Rick Perry to head Energy Department, one of three he wanted to eliminate in 2012 bid but couldn't remember the name of

Just remember "two" Rick
Which is just fine, since all he has to remember now is "gas and oil".

Saturday, May 7, 2016

Wow, Rick Perry endorses Donald Trump late Thursday, further isolating #NeverTrump

Rick Perry was NeverTrumper Erick Erickson's preferred 3rd party challenger.

Former Texas Gov. Rick Perry, quoted here:

"He is not a perfect man. But what I do believe is that [Trump] loves this country and he will surround himself with capable, experienced people and he will listen to them," Perry said Thursday.

"He wasn't my first choice, wasn't my second choice, but he is the people's choice," Perry added.

"I believe in the process, and the process has said Donald Trump will be our nominee and I'm going to support him and help him and do what I can," Perry said.

"He is one of the most talented people who has ever run for the president I have ever seen," he added, saying Trump knows how to market and brand like no one he has ever seen.

"Anyone who is considering a third-party run does not understand what is going on in this country -- does not understand the anger that the country has," Perry said.

Tuesday, April 12, 2016

Hey honey, look at this! Intellectuals!

John Kasich in NY today
Rick Perry

Friday, March 18, 2016

Bonehead Erick Erickson should stop with the kooky Rick Perry shtick already

Noted here:

[A] meeting among a small group of “GOP operatives” and “conservative leaders" ... included talk of a third-party alternative to take on Trump in the general election. 

One of the meeting’s participants, conservative radio host Erick Erickson, told Fox News on Thursday that the idea of a third-party bid was proposed at the meeting as a “final fallback option” to stop Trump.

... Earlier this year, Erickson publicly and privately pitched a potential third-party bid by former Texas Gov. Rick Perry, whose presidential campaigns in 2012 and this cycle did not catch fire. The effort became serious enough that a group of donors contacted Perry directly a few weeks ago, asking him to consider it, but he would not entertain the idea.

Monday, September 14, 2015

Joke of the day: Rick Perry said he had three reasons for ending his campaign for president . . .

. . . but he could remember only two of them.
















h/t Chris Plante

Friday, September 11, 2015

Ex-Gore-Democrat Rick Perry drops out of Republican race for president for a second time

Story here.

Santorum, Jindal and Graham should drop out, too.

Does anyone know if Pataki is still in?

Who? Gilmore? What?

Update:

Counting Perry, there have been no fewer than 37 running for the Republican nomination.

Thursday, August 6, 2015

Governors Christie, Jindal, Perry and Walker allowed establishment of sanctuary cities in their states

So says The Washington Times here:

"[A]t least four Republican governors running for president next year ...  have had cities and counties declare “sanctuary” during their tenure, without suffering the dire consequences the candidates now say the federal government should bring to bear on recalcitrant jurisdictions."

Monday, June 29, 2015

ObamaCare is a problem created by Congress: Congress should have fixed it, not the Supremes

Deb Saunders, here:

'As a conservative, I think it serves the country best if elected officials, not judges, repair what's wrong in Obamacare. Former Texas Gov. Rick Perry, a 2016 GOP presidential hopeful, hit the right note when he said he did not agree with the ruling. "It was never up to the Supreme Court to save us from Obamacare," he said in a statement issued Thursday.

'Because the Democratic Congress wrote a heavy-handed provision that the Obama White House determined it was best to ignore, the Supreme Court got handed a live grenade. With all the Democratic justices on board, Roberts jumped on the grenade -- leading with a bogus argument.'

Sunday, May 17, 2015

Libertarian disunity on display in massive field aspiring to 2016 GOP nomination

14 GOP aspirants to date
Liberals have one serious candidate and a few other aspirants defining their side, but Republicans have twice as many with no clear front runner. This is because Republicanism is now overcome by a libertarianism which by definition is unable to agree about much of anything. It is a shrill and brittle ideology of "freedom from" instead of a more modest philosophical meditation about "freedom for". The latter recognizes that freedom is not an absolute, and is what conservatism is all about, but today you'll be hard-pressed to find anyone talking about that in the Republican Party, much less anywhere else.
7 Democrat aspirants to date

Friday, May 8, 2015

Ted Cruz is showing his true colors supporting the secretive Trans Pacific Partnership trade deal

From the story here:

"The issue is shaping up as a major 2016 presidential campaign issue, and Sens. Cruz and Rubio join former Florida Gov. Jeb Bush and former Texas Gov. Rick Perry, alongside Democratic Party frontrunner former Secretary of State Hillary Clinton, as supportive of the deal. Graham, Paul, Dr. Ben Carson, New Jersey Gov. Chris Christie, and Wisconsin Gov. Scott Walker haven’t taken positions on the matter yet.

"Lousiana Gov. Bobby Jindal, former Arkansas Gov. Mike Huckabee, real estate magnate Donald Trump, and former Hewlett-Packard CEO Carly Fiorina are all publicly against the deal." 

Monday, March 30, 2015

Wrong about immigration, Marco Rubio joins the mouth-breathers dissing the education which helps keep us free

From the story here:

Earlier this month, addressing the issue of student debt, Sen. Marco Rubio joked that students ought to know in advance “whether it’s worth borrowing $40,000 to be a Greek philosophy major. Because the market for Greek philosophers is tight.” His remarks echo North Carolina Gov. Pat McCrory, who in 2013 mocked liberal-arts courses and said, “I don’t want to subsidize [a major] that’s not going to get someone a job.” Gov. Rick Scott of Florida and former Gov. Rick Perry of Texas have passed legislation encouraging students to major in STEM (science, technology, engineering and math) disciplines rather than the liberal arts. ...

Thomas Jefferson recognized that a broad education could ensure the survival of the new democracy. He recognized that “even under the best forms, those entrusted with power have, in time, and by slow operations, perverted it into tyranny.” To defend against this threat, Jefferson wanted “to illuminate, as far as practicable, the minds of the people at large, and more especially to give them knowledge of those facts, which history exhibiteth, that, possessed thereby of the experience of other ages and countries, they may be enabled to know ambition under all its shapes, and prompt to exert their natural powers to defeat its purpose.” ...

Considered in light of Jefferson’s argument, Mr. Rubio’s choice of Greek philosophy as a useless major seems especially inapt.

Monday, March 16, 2015

The completely daft and utterly ridiculous political news suitable only for a Monday: Lindsey Grahamnesty for president!

The story here about John McCain's closest ally says he's going to explore a run for president for a couple of months.

And just to show old Lindsey hasn't completely cornered the market on tin ears:

"[P]otential rival Rick Perry, the former Texas governor, last week noted he takes advice from Graham on foreign affairs."

The only way I can imagine those three characters together is with Rick Perry holding a bottle in one hand and a six shooter in the other telling those two lovebirds to start dancing.

Friday, April 4, 2014

Ted Cruz is a disaster on illegal immigration

So says Ann Coulter here.

He'll give us "guest workers" like the rest of the Republicans will, who will in short order be turned into Democrat voters by the Democrats.

She says Rick Perry and Chris Christie are disasters, too.

Time for fruit baskets all around.

Her only good candidate on the issue remains . . . Mitt Romney.

Monday, March 10, 2014

NR's Libertarian Kevin Williamson Helpfully Informs Us The Koch Bros. Support Sodomy

Kevin Williamson of National Review obviously has no imagination when he says "There is no CPAC of the Left" right after almost busting his buttons informing us that Gov. Rick Perry at CPAC and Mike Lee and Ted Cruz in the US Senate all support reductions of mandatory minimum sentences for drug offenders.

Of course there's a CPAC of the Left. It's called CPAC.

But this was helpful here:

Senator Reid’s recent obsession with denouncing Charles and David Koch from his congressional perch is of a piece with that: Never mind the merits of the things the Kochs endorse politically — from liberalizing energy markets to gay marriage — they are a handy bogeyman. And, given the politics of the situation, Senator Reid surely would prefer to talk about the Koch brothers’ allegedly nefarious plans for world domination (the great “libertarian conspiracy to take over the world and leave you the hell alone”) than about Democrats’ recent meandering energy policies, which would hold hostage U.S. producers in order to appease the Birkenstocks-and-white-boy-dreadlocks set.

Saturday, March 8, 2014

"Other" Beats Jeb Bush, Sarah Palin, Chris Christie, Rick Perry, Mike Huckabee, Paul Ryan, Bobby Jindal, Donald Trump and Rick Santorum In Drudge Poll During CPAC

The fight is between Ted Cruz and Rand Paul among the junkies.

Wisconsin governor Scott Walker did not appear this year at CPAC, wisely having something else to do, like getting reelected in Wisconsin this year.

Friday, June 14, 2013

Sen. Marco "Rube Goldberg" Rubio Thinks Fines On Illegals Will Pay For Border Security

Ha! Ha! Ha! Ha! Ha!

Quoted here:


“We need to register them as soon as possible, not just to keep the problem from getting worse, but we’re going to require them to pay a fine, and that’s the money that we are going to use to pay for the border security,” Rubio explained. “If we don’t get that fine money from the people that have violated our immigration laws, then the American taxpayer is going to have to pay for border security.”

Here's the most wildly optimistic estimate of total revenue from fees and fines on 11 million illegal aliens from The Christian Science Monitor: $2,000 per illegal over a decade. And good luck with that given all the work-arounds to fines and fees in the Senate bill. But, make the wild assumption you'll collect the full amount, and you get a paltry one time total of $22 billion.

The cost of security just on the Mexico border in 2012 was $11.7 billion according to BusinessWeek here. America is going to spend well north of $120 billion for border security over the next decade, and along comes Rubio telling us we need to flush the illegals out first before we secure the border in order to finance the security, otherwise the taxpayers will have to pay for it.

What a joke. We're going to pay for it anyway, big time.

In 2011 Republican Governor Rick Perry of Texas was quoted in The New York Times here saying a fence alone would cost $30 billion and a decade to build:


Gov. Rick Perry of Texas, claiming superior experience as the leader of the state with 1,200 miles of the border, advocated a more complex strategy, combining fencing and surveillance technology with “a lot of boots on the ground.” Mr. Perry said that building a border-length fence would take “10 to 15 years and $30 billion” and would not be cost-effective.

Whatever the answer is to illegal immigration, the Senate amnesty-first bill ain't it.