Hard Times for President Obama; ‘We Loved You’ Say Former Supporters & Legacies of Political Lies and Thieveries Live on in San Francisco & Where’s OUR Corporate Tax Moneys, it’s all Kept Hidden Offshore:

Hard Times for President Obama; ‘We Loved You’ Say Former Supporters & Legacies of Political Lies and Thieveries Live on in San Francisco & Where’s OUR Corporate Tax Moneys, it’s all Kept Hidden Offshore:

By Marc Chamot

Legacies of political lies and thieveries live on in San Francisco. I was at Munch Haven on Market Street, having breakfast with a buddy yesterday. I could hear a group of four seated at the back, talking loud and boastfully.

But guess who? It was former leftist and liberal San Francisco supervisor Chris Daly with his entourage. I spotted Chris Daly on the spot, with his infamous robber looking beard, talking San Francisco politics as usual.

What really confirmed it was Chris Daly; it was his Asian wife coming into the restaurant with their baby girl. We all know Chris married an Asian and had a baby daughter a few years back and the other, they were talking about city hall.

One guy in the group who was with Chris Daly, bragged on how he stole six-million dollars, and then shortly after, another one of his people from his group, came by around my end of my table looking for jam and jelly packets. I asked him, ‘hey! Isn’t that Chris Daly over there,’ he started laughing and replied, ‘no it isn’t.’ Then he went back to the table and they all had a big laugh at my expense of my asking about Chris Daly.

Not only the guy I asked was one BIG liar, unfortunately for all San Franciscans, this shows San Francisco is still VERY corrupt, they’ve got people who openly brag on how they stole money from the city, presumably through fraudulent independent city contracting jobs, and or most likely through thousands of unregulated non-profits.

It’s ironic though. I knew Chris Daly once, and I guess he didn’t recognize me after so many years. You see, Chris Daly and other progressives came about 2000, because of politically connected people under former Mayor Willie Lewis Brown were so corrupt, they were stealing the city blind and the people wanted change.

But obviously, Willie’s crowds were stopped from stealing any more money from city coffers, but apparently the progressives stole far more!

Duh! Do the math Ultra-MORON! Ultra-left-winger and progressive Supervisor John Avalos, wants to run for city mayor. Only self drug-induced, and acid-laced progressive cronies and their loony followers, like Gabriel Haaland, and other public employees and their unionized labor kooks, think John Avalos is a front runner right out the gate in this city.

The FACTS are; San Francisco progressives in general and historically have had tougher times winning citywide elections, rather than the much easier district elections. And then in the last election, progressives in all city districts were totally thrashed at the ballot booths. VOTERS got RID of the crazy, and Zany left, they went for more fiscally conservative moderates.

In Joel Brinkley’s opinion piece, ‘A lesson from America,’ wonders why Arab states are revolting against dictatorships, while Latin Americas’ facing democracy failures?  

With left-wing dictators, such as Bolivia’s Evo Morales, Honduras’ Manuel Zelaya, Nicaragua’s Daniel Ortega, Venezuela’s Hugo Chavez and Ecuador’s Rafael Correa and nobody is seriously challenging them in their own countries. It’s pretty simple as to why. And there are numerous answers for this dilemma:

According to world Internet stats, Latin America and as in most African and Asian countries are the world’s most internets ignorant. Arabic nations have embraced the Internet at a higher rate than most other nations of the third world, because it’s affordable.

When I lived in Peru for a year, it’s very costly to afford the Internet. As in most Latin American countries, telephone systems in Latin America are monopolized and charge by increments of five minutes for Internet use, there are no flat fees for the Internet, and even in Internet cafes they charge people by the minute.

Only the wealthy can afford Wi-Fi. In short, this drives large percentages of their population right-out of the Internet and they have no affordable messaging systems to deliver news between each other.

Talk is no longer cheap in D.C. Having said all this about the Internet, Washington politicians are still oblivious to the power of the Internet. Whether by arrogance or ignorance, all LIES and phony proposals are caught and transmitted by millions of bloggers, commentators and so forth, on the Net.

USA Today’s Susan Page says, “With profusions of websites and bloggers, issues are RAISED, circulated and scrutinized with a velocity that’s unprecedented.” That is so TRUE folks, that’s why Washington is in TOTAL gridlock today!

Interesting foot notes, in future President Barack Obama’s 2012 re-election hopes. ‘We loved you!’ said one protestor, as opposed to what? ‘We love you?’ And that’s not great news for Obama’s re-election hopes.

It seems President Obama has lost chunks of his voting base in California. During his recent San Francisco fundraiser at the St. Regis Hotel, some of his former supporters were singing “we paid OUR dues, where’s OUR change?”

It may not matter much, because the fields of GOP/Republican presidential candidates are as lost as old Humphreys the wayward whale.

And another thing that’s killing American JOBS and the U.S. economy; “U.S. multinationals has found myriad ways to shift profits to foreign tax havens.

These companies do most of their business in the United States and other moderate-tax countries such as Germany, England and Spain.

But they often put their intellectual property - such as trademarks or patents - into subsidiaries in low-tax countries such as Switzerland, Ireland, Bermuda or the Cayman Islands.

When one of the company's subsidiaries in a higher-tax country sells a product, it pays a royalty to the subsidiary in the tax haven. That shifts profits to the low-tax country, while the subsidiary in the high-tax country gets a tax deduction for the royalty payment.

"The income is taxed at a lower rate, and the deductions are enjoyed at a higher rate," says Robert Willens, a Wall Street accounting expert.

U.S. companies generally pay no tax on their foreign profits until they repatriate them or bring them back home.

Rather than pay the tax, most U.S. multinationals let their overseas profits accumulate offshore until they can persuade Congress to give them a tax holiday on repatriated profits.”