Lift For Markets From Spain Rescue Could Be Brief

The Treasury Department inspector general told top IRS officials in roughly June 2012 that it was investigating the targeting allegations, which suggests the Obama administration knew about the situation in the backstretch of the president's re-election campaign. The calls for reform range from revamping the country’s complicated tax code to perhaps overhauling the entire tax-collection agency. “This is a perfect example of why we need tax reform,” Arkansas Republican Rep. Tim Griffin said Friday. The idea of reforming the tax code is nothing new, with 2012 Republican presidential nominee Mitt Romney among the most recent to try by proposing a

When you get right down to it, the political targeting and stalling of tax-exempt applications by the IRS was an effort to defund the Tea Party. Rick Santelli, one of the Tea Party founders and my CNBC colleague, was the first to make this point. I’ve taken it a step further: The IRS was taking the Tea Party out of play for the 2012 election, as it looked to avoid a repeat of 2010 and another Tea Party landslide. There are a lot of numbers out there. Some say Tea Party applications for tax-exempt status averaged 27 months for approval,

There is little doubt that the smartphone world is dominated by two operating systems — Google’s Android and Apple’s iOS.The latest market data released by the International Data Corporation (IDC), which showed that both these platforms accounted for 92.3 percent of all smartphone OS shipments during the first quarter of 2013, proves this dominance in numbers.IDC says Android smartphone vendors and Apple shipped a total of 199.5 million devices worldwide during Q1 2013, which was up 59.1 percent from the 125.4 million units shipped during the same quarter in 2012.Android remained the market leader with a 75 percent share of the

Planned Parenthood’s new advertisement asserting that aborted babies will thank their would-be mothers evidences a shift to macabre honesty in the organization’s messaging. “There’s nothing worse for a child than being unwanted,” claimed PP spokeswoman Adora Slaughter. “Add to this the burdensome tedium of motherhood and you have a formula that maximizes unhappiness. Abortion rescues all the participants from this fate.” “Previously, we have invested almost all our energy on advising women to carefully consider the responsibilities they could avoid by aborting a potential child they don’t want,” Slaughter said. “I mean, having a baby you don’t want is like

While most of us are waiting out the doldrums of an off year with not too much happening on the election front, Virginia residents have a bit more on their plates. They’ll be electing a new governor this November, and unlike Senate and House seats – which more affect matters of national policy – the chief executive of the Commonwealth is the person who holds the pen when it comes to any state level legislation and regulations which directly affect their lives. One issue which is very important to a lot of Virginians is energy and the jobs that come