Tag: loss

Categories
Politics Senate

OMG – Eric Cantor Loses His House Seat To a Teaparty Brat

David Brat that is. He is the Teaparty bagger who just upset The House Majority Leader, Eric Cantor!

I was settling into my chair just a little after 8pm, trying to see what Chris Hayes had to talk about on his MSNBC show. I totally took for granted the elections going on in Virginia, as I was sure there would be no news made tonight. A Brat named David, a Teaparty member, was challenging one of the untouchables in Republican politics, Eric Cantor.

My attitude was, move on folks, there’s nothing to see here.

Chris Hayes began and within the first five minutes, another MSNBC host, Rachel Maddow broke in with the “Breaking News!”

I knew something big was happening, but to think that Cantor had lost never crossed my mind. Then Rachel made the announcement – Eric Cantor has lost his House seat, as per the Associated Press. The graphic was then shown and I immediately saw why the race was called for Brat. It wasn’t a loss by Cantor, Brat completely blew him out of the election waters!

With 83% of the precincts reporting, David Brat was already leading Cantor by double digits – 56% to 44%.

“Obviously we came up short,” Cantor said as he began his concession speech. “I know there’s a lot of long faces here tonight and it’s disappointing, sure, but I believe in this country, I believe there’s opportunity around the next corner for all of us. So I look forward to continuing to fight with all of you for the things that we believe in. For the Conservative cause because those solutions of ours are the answers to the problems that so many people face today. Thank you very much.”

Applause by his campaign audience!

I’m still in shock!

Categories
Politics taxes

The Romney’s Horse Was A $77,000 Tax Write-Off

We are beginning to see glimpses of why Mitt Romney was hesitant to show his Tax returns. Besides the fact that he is storing his money in offshore bank accounts, we are now seeing that Mitt Romney wrote off $77,000.00 in 2010 as a business expense. That is okay. Mitt Romney is a multi-millionaire and that kind of money being written off as a business is expected. What raises eyebrows is what the business expense was.

According to The New York Times, Romney’s horse Rafalca was the business expense. The Romney’s tax returns showed they lost $77,000 for the care and feeding of their horse. The Times reports:

As millions tune in to the Olympics in prime time this summer, just before Mr. Romney will be reintroducing himself to the nation at the Republican convention, viewers are likely to see “up close and personal” segments on NBC about the Romneys and dressage, a sport of six-figure horses and $1,000 saddles. The Romneys declared a loss of $77,000 on their 2010 tax returns for the share in the care and feeding of Rafalca, which Mrs. Romney owns with Mr. Ebeling’s wife, Amy, and a family friend, Beth Meyers.

If we are to take the Romney’s lead, can we write off the care and feeding of our dogs or cats or even our horses at tax time? Can we label Rover as a dependent and ask Uncle Sam to give us a bigger refund because we spent money to feed and take care of Fluffy? Try it next year. After your audit, please tell me about the experience.

Categories
Iowa Iowa caucuses Mitt Romney Newt Gingrich Politics Republican

Newt Gingrich Now Thinks He Can Win Iowa

Just yesterday, Newt Gingrich concluded that he may not win in Iowa. Today, same Gingrich, different conclusion.

“I’m here to tell you when you have 41 percent undecided in The Des Moines Register poll, if each of you in the next 24 will talk to everyone of your friends and if each of you will go to the caucus and will make the best possible argument for nominating an experienced conservative with a national record of achieving things, we may pull off one of the great upsets of the history of the Iowa caucuses.”

Tonight we’ll know the truth as Iowans head to the polls today. Results are expected sometime after 8pm.

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