Archive for October, 2009

Oct-31st-2009

“Break free from the essential restraints that were placed by the founding fathers in the Consitution”?

"If you look at the victories and failures of the civil rights movement and its litigation strategy in the court. I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order as long as I could pay for it I’d be o.k. But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society.

To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, um, because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that. …

I’m not optimistic about bringing about major redistributive change through the courts. You know, the institution just isn’t structured that way."

Which current major presidential candidate said this in 2001?

http://hotair.com/archives/2008/10/27/smells-like-socialist-spirit/

Rockadayjohnny, he’s talking about us "suffering" from the Warren court not being radical. He’s "not optimistic" about bringing "major redistributive change through the courts." Doesn’t exactly give the impression that he DISLIKES the idea of "major redistributive change" or that he’s happy with the limitations of the Constitution.

Oct-31st-2009

Does IRS needs to be informed of a change in the type business carried out by an s-corp?

I currently have a software business (s-corp). I would like to use my business for trading and investment management (apply for trader status) in addition to software consulting.

Oct-31st-2009

Stock Trading Course

www.FreeInvestingLessons.com Over 30 FREE Stock Investing Videos! Stock market information, stock market investment strategies,stock investing for beginners. http … learn the stock market what stocks to buy investments online trading for beginners ways invest money

Oct-31st-2009

selling business and want to avoid or lower my taxes…?

Ok, I have an LLC with a dba on a retail store (California). I’m looking into completing the sale in the next 2months. I read somewhere that a business can be sold as the LLC as a whole, or be sold as assets being broken down. Is that true and if so, is the advantage in selling the entire LLC really at a 15% tax vs 33% tax braket?

Are there any tips in lower my capital gains tax on (0k selling price). Meaning can I invest that gain into paying off my 0k mortgage and only have to pay taxes on the 0k or even buying a second home with 0k down and pay taxes on 0k?

Oct-31st-2009

Is the collapse of the stock market related to the election?

I have been watching the stock market lately and I noticed that during the election when it was pretty much solidified that Obama was the expected winner the market crashed and kept crashing and is still crashing. This is a serious question, am i reading into this too much or is it just coincidence?

Oct-31st-2009

Still think America is free?

« Emanuel and Jesse Jackson Jr, no surprises here…The movement to change the document that’s not followed anyway…
U.S. now only 2 states away from rewriting Constitution Critic: ‘This is a horrible time to try such a crazy scheme’………

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Posted: December 12, 2008
12:25 am Eastern

By Bob Unruh

A public policy organization has issued an urgent alert stating affirmative votes are needed from only two more states before a Constitutional Convention could be assembled in which “today’s corrupt politicians and judges” could formally change the U.S. Constitution’s “‘problematic’ provisions to reflect the philosophical and social mores of our contemporary society.”

“Don’t for one second doubt that delegates to a Con Con wouldn’t revise the First Amendment into a government-controlled privilege, replace the 2nd Amendment with a ‘collective’ right to self-defense, and abolish the 4th, 5th, and 10th Amendments, and the rest of the Bill of Rights,” said the warning from the American Policy Institute.

“Additions could include the non-existent separation of church and state, the ‘right’ to abortion and euthanasia, and much, much more,” the group said.

The warning comes at a time when Barack Obama, who is to be voted the next president by the Electoral College Monday, has expressed his belief the U.S. Constitution needs to be interpreted through the lens of current events.

Tom DeWeese, who runs the center and its education and grassroots work, told WND the possibilities stunned him when he discovered lawmakers in Ohio are considering a call for a Constitutional Convention. He explained that 32 other states already have taken that vote, and only one more would be needed to require Congress to name convention delegates who then would have more power than Congress itself.

“The U.S. Constitution places no restriction on the purposes for which the states can call for a convention,” the alert said. “If Ohio votes to call a Con Con, for whatever purpose, the United States will be only one state away from total destruction. And it’s a safe bet that those who hate this nation, and all She stands for, are waiting to pounce upon this opportunity to re-write our Constitution.”

DeWeese told WND that a handful of quickly responding citizens appeared at the Ohio Legislature yesterday for the meeting at which the convention resolution was supposed to be handled.

State officials suddenly decided to delay action, he said, giving those concerned by the possibilities of such a convention a little time to breathe.

According to a Fox News report, Obama has stated repeatedly his desire for empathetic judges who “understand” the plight of minorities.

In a 2007 speech to Planned Parenthood, the nation’s largest abortion provider, he said, “We need somebody who’s got the heart, the empathy, to recognize what it’s like to be a young teenage mom. The empathy to understand what it’s like to be poor, or African-American, or gay, or disabled, or old. And that’s the criteria by which I’m going to be selecting my judges.”

Obama also committed himself to respecting the Constitution but said the founding document must be interpreted in the context of current affairs and events.

Melody Barnes, a senior domestic policy adviser to the Obama campaign, said in the Fox News report, “His view is that our society isn’t static and the law isn’t static as well. That the Constitution is a living and breathing document and that the law and the justices who interpret it have to understand that.”

Obama has criticized Justice Clarence Thomas, regarded as a conservative member of the court, as not a strong jurist or legal thinker. And Obama voted against both Chief Justice John Roberts and Justice Samuel Alito, two appointees of President Bush who vote with Thomas on many issues.

Further, WND also reported Obama believes the Constitution is flawed, because it fails to address wealth redistribution, and he says the Supreme Court should have intervened years ago to accomplish that.

Obama said in a 2001 radio interview the Constitution is flawed in that it does not mandate or allow for redistribution of wealth.

Obama told Chicago’s public station WBEZ-FM that “redistributive change” is needed, pointing to what he regarded as a failure of the U.S. Supreme Court under Chief Justice Earl Warren in its rulings on civil rights issues in the 1960s.

The Warren court, he said, failed to “break free from the essential constraints” in the U.S. Constitution and launch a major redistribution of wealth. But Obama, then an Illinois state lawmaker, said the legislative branch of government, rather than the courts, probably was the ideal avenue for accomplishing that goal.

In the 2001 interview, Obama said:

If you look at the victories and failures of the civil rights movement and its litigation strategy in the court, I think where it succeeded was to invest formal rights in previously dispossessed pe

Oct-31st-2009

plz give me ideas about low investment business?

Oct-31st-2009

pt 2/3 David Tice on King World News | October 17, 2009

he shares his views of the market and bear market investing approaches with both Federated investment personnel and clients alike. Prior to his career as an investment manager and strategist, Mr. Tice held financial analyst positions with Atlantic Richfield Company and ENSERCH Corporation, a diversified energy company. He then joined Concorde Financial Corporation where he served as director of investments and was responsible for launching an equity mutual fund. He launched his firm, David …

Oct-31st-2009

im 18 years old, and i would like to learn how to invest in stocks?

I am completely new to this…… i would like to know if someone can help me with this…… can someone help me out and give me some tips on wat can i invest in…..and i also would like to know what are the risks in ivesting in stocks

Oct-31st-2009

Can u tell some business options which need low investments?

Looking for the options which can be done as part time business and then can be taken forward as full time business and above that the amount of investments should be on the lower side at the initial stages but can be increased later on?The options can be related to any sector…Thanks n looking forward to ur answers.. :-)

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