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April 27, 2012

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boris

Seems to me the proper word would be "prefudiate".

Dave Schuler

It's not lying. It's acting.

Jack is Back!

Democrats lie in order to push gun control? The things you learn every day:)

/snark

BR

That's no smoking gun, that's an empty gun.
That piano's wires have already been cut.
This is so ridiculous, I've gotta make up new idioms.

narciso

They aren't buying that story, in the comments, I posted the FactCheck and the 2010 DOJ report, just for good measure.

GMAX

I am highly confident of that as well. Plus I am highly confident that Duda will tell us that lying like this is a "win win". The things you learn on JOM...

Jim,MtnView,Ca,USA

Moved up from older post.
Greece will take the money first, then charge people with tax evasion.
LUN.

Do other nations do this?

BR

Jordy Yager, author of that unbalanced intro on Fast and Furious at The Hill.

Pic and blurb.

Ranger

Do other nations do this?

IIRC the IRS used to do this here until congress finally changed the law back in the 1990s. The burden of proof was on the taxpayer to prove the IRS assessment was wrong as well.

Jim,MtnViewCA,USA

Thanks, Ranger. Holy Cow.
"The power to tax...."

Rick Ballard

TM,

Today's GDP number invites another look at Ray Fair's model regarding the popular vote for both Presidential and Congressional elections. When I punch in 2.2 as the average of the last three quarters and drop the 'strong quarter' to 0, the model returns 48.86% for the President and 45.90% for Dem Congresscritters.

There are now only two quarters left to count in the President's Reign of Incompetence and there is nothing to suggest that the next two reports will be any better than the one which came out today.

Ranger

Rick,

That matches up pretty well with the guy at RCP who says incumbents get about .5% of a point more in votes than their overall approval ratings. Given that Obama is floating right around 48% approval in the RCP averave, that would put him right around 48.5 to 49% in the popular vote.

Rick Ballard

Ranger,

I believe we'll see downward revisions to this report and there is a very decent possibility that the next two quarters will be negative. ZeroHedge has a couple of takes on the numbers and the drop in the personal savings rate coupled with weak fixed investment and government spending raise the probability of a recession substantially.

Landru

"Yet, in a June 2009 report, the GAO estimated that less than a quarter of crime guns transferred to the Mexican Attorney General’s office in 2008 were submitted to ATF for tracing"

Right. And I think it is safe to assume that the Mexicans do not randonly select the guns sent for tracing to the US. They examine all, and select only those with markings (i.e. serial numbers) suggesting a US origin to be sent for Us tracing. The 75%+ that were not sent for tracing to the US likely did not have any markings or other indicators that indicated a possible US origin, so were not sent for US tracing. In other words, they could see right away that the weapon probably did not originate in the US, and so excluded it.

Ranger

Jim, one of the worst cases I ever heard from the "bad old days" was a woman who wanted to make sure she was properly accounting for her activites from some activity or another that wasn't technically an enterprise, but was still generating income. The IRS reviewed her situation and told her she owed no taxes and to not count the money as income. Several years later they came back and assessed her for back taxes and penalties. She protested and produced the original letter. The IRS's argument was that they had made and error in their original finding, but they were under no obligation to notify her of their own error. The tax judge found for the IRS, since she could not show why the original IRS finding was correct, and the current interpretation was wrong.

Ranger

Rick,

I think a lot of Obama's current high (relative to earlier) rating right now is related to continued growth in the market indexes, which raise the value of people's 401Ks. I have a feeling that the actual performance of the economy is dragging Obama's number down, and by summer, people won't care where the Dow is. The aggrigate pain will simply be too great.

maryrose

RB and Ranger:
I believe you are both correct in your posts regarding the economy. I always know it is a bad report when I come home from daily Mass on a Thursday and turn on CNBC and no one is talking about the jobs report just announced 30 minutes earlier. When they pretend it is good they are shouting about it for 3 hours.

Bruce

Didn't notice this above, but one of the places where the report is a bit disingenuous, is that it did not separate out guns shipped at the insistence and connivance of our government, those shipped to Mexico despite the best efforts of our government to interdict, and anything in between.

In other words, part of those traced guns are apparently a result of U.S. government action, such as those going to Mexico as a result of operations like Fast & Furious and Wide Receiver. Which, some have argued was one of the big reasons for F&F in the first place.

What must also be remembered when it comes to guns in Mexico is that there is a natural preference for fully automatic weapons, esp. when we are talking standard caliber long rifles, such as M-16s and AK-47s, and all their variants. And, not surprisingly, given our gun laws, they aren't coming from the U.S. Rather, the AR variants seem to be coming in from Mexican police and military, who sell their American supplied weapons, and similarly throughout Latin America. And, the fully automatic AK variants are apparently being shipped in from the rest of the world by the shipping container load. The world is awash with these types of guns - we are talking tens of millions of these guns worldwide. And, surprise, surprise, these former Soviet block/Chinese source fully automatic AK variants don't have U.S. markings.

Indeed, the fully automatic gun trade appears to be moving in just the opposite direction - from Mexico into the U.S. All those fully automatic weapons used in the drug trade here? Being imported along with the drugs and illegal immigrants across our southern border. The later likely being one of the reasons that this trade isn't being interdicted more aggressively.

So, what is moving south across that border? My guess is high quality semi-automatic handguns, high quality AR type semi-automatics, and high caliber (.50 BMP) rifles. We could maybe see the actual breakdown if BATF/DoJ would release the breakdown, or, maybe if they were more forthcoming with Fast and Furious.

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