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Obama Should Make Corporate Tax Inversion a Campaign Issue

NEW YORK (TheStreet) -- The Obama administration has failed to make corporate tax inversion a major issuefor the fall Congressional elections, and that's a pity.

President Obama hascalled out"corporate deserters" for using foreign acquisitions to move their company headquarters offshore. He even sent Treasury Secretary Jack Lewin search of congressional support for legislation on the issue. But the fact is that there's little or no chance of such action before the November elections or even in the near future.

Read More: Warren Buffett's Top 10 Dividend Stocks

Maybe the issue just doesn't resonate with the electorate. Warren Buffett, who has supported the president in other areas in the past, has defended Burger King's (BKW) announced acquisition of the Canadian chain Tim Hortons (THI) , the air basically went out of the Obama administration's anti-inversion balloon.

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Obama Should Make Corporate Tax Inversion a Campaign Issue

Obama looking for Congress in the fight against the Islamic State

President Obama is making sure Congress is a partner in the escalation of U.S. involvement in the bloody Syrian civil war with a vote to approve funds to train and equip about 5,000 Syrian anti-Islamic State, anti-Assad fighters over the next year.

One key problem is making certain any congressional authority does not restrict the program by setting unworkable limitations on which Syrian fighters can participate.

In June 2013, the Senate Foreign Relations Committee passed a bill that authorized the president to provide arms and military training to the Syrian opposition. However, the bill contained provisions that said, Only units and entities that have gone through a thorough, statutorily-required vetting process by the U.S. government would be eligible for such assistance, according to the committees report on the bill.

Those vetting provisions required U.S. officials to assess whether the units and individuals met certain detailed and specific criteria on human rights and terrorism, as well as whether they demonstrate clear support for civilian rule, cooperate on international counterterrorism and non-proliferation efforts, and are committed to regional stability, among other things, according to the report.

It wasnt clear how other than just asking the Syrians U.S. officials could determine who met those criteria.

The measure also required the Defense Department to report whether Syrian groups receiving military equipment were in adherence to U.S. chain of custody requirements a provision clearly related to the millions of dollars worth of U.S.-provided weapons reported missing in the past by special inspectors general in both Iraq and Afghanistan.

According to current and former Pentagon officials, these provisions, had the Senate panels bill become law, would have created almost impossible legal requirements for U.S. officials to meet during a brutal civil war in vetting Syrian fighters and tracking weapons.

Up to now, the president, along with many top military and intelligence officials, have believed any such train-and-equip program would not be successful until the hundreds of Syrian armed groups mostly various Sunni factions united against Syrian President Bashar al-Assads army.

That hasnt happened. Rather, the Free Syrian Army has struggled to unite groups while jihadists such as the al-Qaeda-connected Al Nusra Front and the Islamic State grew stronger.

Publicly, the Obama administration began in February 2013 to provide $60million in nonlethal aid to the Free Syrian Army. At the same time Washington initiated a modest CIA covert program for training vetted Syrian moderates in Jordan, which did not require public congressional support. Since then, 1,000 or more Syrians are reported to have received that training. CIA officials, however, will not discuss the vetting process.

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Obama looking for Congress in the fight against the Islamic State

Rand Paul Militarization of Police – Video


Rand Paul Militarization of Police
Rand Paul questions Homeland Security and Department of Defense officials on the types of equipment being supplied to Police departments across the U.S..

By: republicunited

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Rand Paul Militarization of Police - Video

RAND PAUL ASKS .."WHY ARE WE GIVING COPS BAYONETS AND TROOP CARRIERS"? – Video


RAND PAUL ASKS .."WHY ARE WE GIVING COPS BAYONETS AND TROOP CARRIERS"?
Rand gets riled up over the militarization of local law enforcement.

By: marty lamb

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RAND PAUL ASKS .."WHY ARE WE GIVING COPS BAYONETS AND TROOP CARRIERS"? - Video

Rand Paul on Hillary’s IA Trip: I’d Like to See Her Back in DC to Testify – Video


Rand Paul on Hillary #39;s IA Trip: I #39;d Like to See Her Back in DC to Testify
Sen. Rand Paul was not impressed with Hillary Clinton #39;s trip to Iowa over the weekend.

By: jim hoft

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Rand Paul on Hillary's IA Trip: I'd Like to See Her Back in DC to Testify - Video