Boy these little tax's due seems like another attempt to bash Newt. Take a look and Rep. Charlie Rangel one individual lifer (D) Congressman and the fortune he has somehow accumulated and failed to report on. Remember these are not organizations but personal property of Congressman Rangel.
It turns out Rangel had a credit union account worth at least $250,000 and maybe as much as $500,000 -- and didn't report it. He had investment accounts worth about the same, which he also didn't report. Ditto for three pieces of property in New Jersey.
Beyond that, we've learned that Rangel has failed to report assets totaling more than $1 million on legally required financial disclosure forms going back to at least 2001.
The news comes on top of revelations last year that Rangel didn't report -- and didn't pay taxes on -- income from a villa in the Caribbean. In that matter, the Internal Revenue Service gave him sweetheart treatment; Rangel paid about $10,000 in back taxes but was not required to pay any penalty or interest.
Read more at the Washington Examiner: washingtonexaminer.com/politics/2009/09/clock-ticking-tax-cheat-charlie-rangel#ixzz1MUMV6wNp
You don't understand electricity and power generation. If Ameren needs power to supply the 2.3 million customers, it generates sufficient amounts to supply the demand on Amerens system. They do not generate more than the system needs. Ameren Missouri is highly regulated through the federal government and The North American Electric Reliability Corporation’s (NERC). Power sir is not stored and then sold like a commodity! There are serious laws against selling excess power generation outside of the Ameren system unless, NERC is aware of it and there is a need from another utility that is requesting extra genertion. In Illinois and California there are no regulations since they are states that have been de-regulated and it is from my understanding a mess and the rates are much higher.
judeeo you are absolutely wrong the Reform plant generates 1200 megawatts. Unless there is peak load on the system within the state the rate of power generated compensates for the load in the Ameren system. Ameren has the capacity to generate 18,000 kilowates of electricity system wide. 60% of its generating capacity is Coal. Less than 10% is generated at Reform the balance is generated from Gas Turbine generators and the two hydro-generating facilities. If for some reason there is a catastrophe such as in Memphis and their power generating systems go down....then Ameren could increase generation to help the Memphis area customers with electricity. This works the same if we have a disaster the Ameren system would request extra generation from Memphis. There is no "rest go elsewhere" if the power is not needed it is not generated. Ameren is generating aprox 5500 megawatts this time of night it increases during the day. if the temperature where to stay in the high 80-90's, for four or five days more and more people will turn on fans and crank on the air thus increasing the demand and Ameren will generate more power to compensate for the extra load. Also, remember there are 4-5 older coal plants, that if Obama and the EPA cram down their throats Cap & Trade will either have to be closed or brought down for refurbishment also, remember our population increased 7% and all that is more load on that 18,000 megawatts. If we have a hot or very cold winter close down multiple coal fired plants and refuse to replace that lost generating power Ameren will be out having to purchase power increasing the cost to you even more! Ameren can only generate so much my friend it is not endless. Think about brown outs in California and New York because people refuse plants either coal or nuclear.
If you want to end corporate welfare you end it for all corporations, businesses, etc. Meaning....no solar/wind welfare payments straight from the EPA...The PTC offers wind, solar, geothermal, and closed-loop biomass systems a 1.8 cent credit per kilowatt hour generated. The credit is 0.9 cents per kilowatt hour for open-loop biomass, landfill gas, waste incineration, and small hydro (less than five megawatts). Technologies that qualify as renewable energy can change each year that the PTC is reauthorized. For example, the incineration of municipal solid waste now qualifies as renewable energy but did not previously. No more grain credits, no more welfare payments to the Ethanol producers, no more corporate farm credits. the list is endless.
I like that spelchek well put....Not offensive, plan simple truth. Actually I feel the same way.
hkchas I will just take it you don't like Newt because he cheated on his wife. Thats good enough for me since, you hold Newt to a higher standard then everyone else in and out of government, Dem's or Repub's. I see thanks for your response.
Thank you asb very well put. I do think on the OKC there was a bad attitude in the Justice department at the time, FBI in particular with Janet Reno in charge. But then that is something to discuss at another time, good point though. Thanks again ASB for the reply.
First of all, what exactly were the charges against Newt? David Bonior brought 75 charges against Newt - and 74 of them were found to have NO MERIT WHATSOEVER. The last charge, whether Newt funded his college class "Renewing American Civilization" properly, was too complicated a tax issue for the committee to investigate on its own, so they brought in an outside tax expert to investigate. Two charges arose out of this investigation. To pay that 300,000 fine he had to borrow the money from Sen Dole to and he paid him back. So, it was never about Newt making any money in office.
Those are not Political reasons those are personal attacks on Newt. Charlie Rangel cheated on his tax's he was never fined but what is political for Rangel is he was CHairman of the ways and Means Commission and he was the one who wrote the tax laws. I personally like Charlie Rangel but not his politics. also Politically is was Barney Frank who while in charge said Fannie and Freddie where just fine and should guarantee more loans from the Banks to Unemployed, low income, unqualified buyers. Barney is very smart to I don't begrudge him there. But his policies where terrible for this country.
Don't think so hkchas, just saw the personal attacks on Newt in this thread and just wanted to hear real reasons people don't like him not the affairs that it seems 50% of all Americans engage in today. Like what political views are they opposed to and why.
Last login: Thursday, June 9, 2011
© 2014 News Tribune Publishing.