TERMS TO LEARN


NEOTAlBAN - Cuccinelli, Santorum, Ted & Rafael Cruz.

COMPULSORY  POOLING, also known as forced pooling, allows oil and gas companies to use private property without permission if a certain number of adjacent mineral rights owners lease their acreage out for gas production.


BCE - Before Common Era.
BC - Before Christ.

CARRIED INTEREST - rules that allow private equity managers (Mitt Romney) to convert
their income, which would be taxed close to 40%, into something that looked just like
capital gains, which are taxed at 20%.

Dynastic Wealth - inherited wealth. The very wealthy should pay higher inheritance taxes.
IOW, the .001 %.

FAITH BASED ECONOMICS - ?????????


"DELEVERAGING” a process in which many debtors try—or are forced—to pay down their debts at the same time.

RETAIL POLITICS - allowed Bloomberg "to self-finance his campaigns and remain largely 
unbeholden to the city's clamoring interest groups".  "...freed from the obligations of RP
he could staff his government with top talent rather than ppl holding political chits."

SMOKE NAZI - Mayor Bloomberg, who was supposed to be legislating to put
saloon out of business by passing laws enforcing smoke free restaurants, bars,
and parks.

NOBLESSE OBLIGE - The Oxford English Dictionary says that the term "suggests noble ancestry constrains to honorable behavior; privilege entails to responsibility." Being a noble meant that one had responsibilities to lead, manage and so on. One was not to simply spend one's time in idle pursuits.

Fresh Ink - tattoos, Septic disposition - PMS, "This ain't Nazi Russia", "Jesus Don't Speak Jihad"
...Carl Hiaanson

C.R. - continuing resolution - stop-gap spending measure.

"All Boehner has to do is allow a vote on the House floor on the continuing resolution (a parliamentary term for a stop-gap spending measure, now entering the language) and it reopens. There’s no problem in the Senate this time, and there are enough House Republicans to join with House Democrats and pass a “clean C.R.”---one without various anti-Obamacare measures attached—despite opposition from the hardcore conservatives. So why doesn’t Boehner allow a simple up-or-down vote?"

HASSERT RULE - any bill brought to the house floor should receive a majority of the majority vote.

Cold Civil War – a call for a nonviolent refusal to be governed by a re-elected president because he is pursuing policies with which an electorally defeated minority disagree. 

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