Monday, April 4, 2011

The USA does not have a spending problem -

it has a great big screaming REVENUE problem.
Why do I say this? I say this because my wife and I, (with our low 6-figure income)paid MORE in taxes in 2010 than GE with it's $5.1B in profits (US-based); not only did they pay SWABO in taxes, they got $4B in tax subsidies. Guess who pays for that?
As Chuck Collins puts it:
"Our communities are enduring mammoth state and federal budget cuts because we have, in large part, failed to sufficiently tax America's millionaires and billionaires or prevent aggressive tax avoidance by multinational companies. The rest of us are paying to pick up the slack. (emphasis added)
Congress has blown holes in our tax code, losing hundreds of billions in revenue. Worse, lawmakers have averted their eyes as corporate lobbyists drill new tax loopholes and extract new corporate welfare subsidies."


This is a society that has its priorities seriously bent, as proven by proposals before Congress to cut services for children and the mentally ill while leaving these tax loopholes in place.

Collins proposes $400B/year in new revenues that would impact just under 2% of the nation:
:"There are four revenue raisers that Congress could institute tomorrow that would generate $400 billion a year--or $4 trillion over the next decade. Such programs would restore greater fairness to our tax system and reduce the extreme levels of inequality polarizing our society.

Congress could levy a modest financial transaction tax on the transfers of stock, currency, and speculative investments that do little to strengthen the real economy. This would generate $150 billion a year while exempting smaller investors.

Lawmakers could reduce corporate tax dodging by closing overseas tax havens and requiring companies to pay U.S. taxes on the profits they actually earn in this country. This could generate as much as $100 billion a year.

Congress could establish new top tax rates on households with annual incomes over $1 million, which could generate another $100 billion a year. Under our current tax system, a person earning $374,000 a year pays the same top tax rate as someone earning $10 million a year.

Lawmakers could institute a progressive estate tax on fortunes over $5 million, with higher rates on billionaire estates. That would generate $45 billion a year."

Friday, April 1, 2011

Harry Truman - a man of foresight...

He said this in 1948:
"Republicans approve of the American farmer, but they are willing to help him go broke.
They stand four-square for the American home--but not for housing.
They are strong for labor--but they are stronger for restricting labor's rights.
They favor minimum wage--the 'minimumer' the better.
They endorse educational opportunity for all--but they won't spend money for teachers or for schools.
They think modern medical care and hospitals are fine--for people who can afford them.
They consider electrical power a great blessing--but only when the private power companies get their rake-off.
They think American standard of living is a fine thing--so long as it doesn't spread to all the people.
And they admire of Government of the United States so much that they would like to buy it."

Amazing how it's still 100% truth.

Friday, March 18, 2011

How the Tea Party is killing the GOP

This from a REPUBLICAN named Bruce Bartlett, author of Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy:,
Republicans in Congress have reached a crossroads – they must decide if they are a governing party or one so beholden to its ideological fringe that it is incapable of doing the basic work of a legislative body. How the party answers that question will determine not only the direction of policy on key issues and Republican prospects for reelection next year, but who will be president in 2013.

It is obvious that the Tea Party phenomenon has rocked Republican politics; pushing an already conservative party much further to the right and bringing into it a vast number of new members who are highly energized and deeply ideological, but very inexperienced at politics and not very knowledgeable about how Congress operates on a day-to-day basis. This has proven deeply frustrating to many veteran Republican legislators.

I have long sought a good explanation for where the Tea Party came from and the source of its intensity. Toward this end, I have been reading newly-elected Sen. Rand Paul’s (R-KY) book, “The Tea Party Goes to Washington.” He is, of course, a Tea Party favorite; son of another Tea Party favorite, Rep. Ron Paul (R-TX); and someone who got elected by opposing the GOP establishment in Kentucky, including Senate Minority Leader Mitch McConnell.


According to Sen. Paul, much of what drives the Tea Party is sort of a delayed reaction to the disappointing presidency of George W. Bush. In a revealing passage from his book, Paul says:

“Imagine this – what if there had never been a President George W. Bush, and when Bill Clinton left office he was immediately replaced with Barack Obama. Now imagine Obama had governed from 2000 to 2008 exactly as Bush did – doubling the size of government, doubling the debt, expanding federal entitlements and education, starting the Iraq war – the whole works. To make matters worse, imagine that for a portion of that time, the Democrats actually controlled all three branches of government. Would Republicans have given Obama and his party a free pass in carrying out the exact same agenda as Bush? It’s hard to imagine this being the case, given the grief Bill Clinton got from Republicans.”

This argument hits close to home for me because after 30 years of working in Republican politics, including for Ronald Reagan and Rand’s father, I became deeply alienated from the party for the very reasons Rand explains. The final straw for me was the way Republicans rammed the Medicare Part D program into law in 2003. This took place at the very moment when the Medicare program was starting to seriously hemorrhage money. It was grossly irresponsible to add massively to its deficit largely for the purpose of buying re-election for Bush and his party in 2004.

This year, Medicare Part D will add about $55 billion to the deficit – far more than can be saved with all the budget cuts Republicans can possibly hope to achieve in fiscal 2011. Furthermore, it annoys me to see so many of those who voted for Medicare Part D, such as House Budget Committee chairman Paul Ryan (R-Wisc.), treated as if they are paragons of fiscal responsibility. In fact, their concern for excessive spending is highly selective, directed almost entirely at programs supported by Democrats primarily to undercut their political support, not because they care so much about deficits.

My disgust with the GOP became so intense after the Medicare Part D debacle, I wrote a bookon the subject. I thought if conservatives broke with Bush at that time and adopted a more Tea Party-like approach to getting our fiscal house in order that it might stave off the political disasters I saw looming in 2006 and 2008.

Republicans preferred to kill the messenger, leading to my permanent estrangement from both the party and the conservative movement. But perhaps my effort wasn’t entirely for naught. Apparently, one of the few readers of my book was Rand Paul, who quotes me saying this:

“The point is that George W. Bush has never demonstrated any interest in shrinking the size of government. And on many occasions, he has increased government significantly. Yet if there is anything that defines conservatism in America, it is hostility to government expansion. The idea of big government conservatism, a term often used to describe Bush’s philosophy, is a contradiction in terms.”

So why is it that I have been disdainful of the Tea Party from its first manifestation in early 2009? The main reason is that so many of its members simply don’t know what they are talking about; they seem to think that strong opinions are a substitute for facts, research and analysis. Consequently, many Tea Party members hold views on various topics that are, frankly, nuts, and these views have been embraced by some Republican voters as well.


For example, a March 15, 2011, poll by Public Policy Polling found that 25 percent of Republicans expect that a group called ACORN is going to steal the election for Obama next year and 31 percent aren’t sure; only 43 percent of Republicans believe this is false. In point of fact, ACORN no longer even exists, and it’s doubtful that it could have stolen a local election for dog catcher even if it wanted to.

An August 27, 2010, poll by Princeton Survey Research Associates International found that 52 percent of Republicans believe that Obama sympathizes with Islamic fundamentalists and favors imposing Islamic law around the world; only 7 percent thought this was definitely untrue.

A March 24, 2010, Harris poll found that 67 percent of Republicans believe that Obama is a socialist, 61 percent think he wants to take away the right to own guns, 57 percent believe he is a Muslim, 45 percent say he was not born in the U.S. and has no right to be president, and 41 percent think he is just looking for an excuse to seize dictatorial power.

As a consequence, even solid conservatives like Sen. Orrin Hatch (R-Utah) are considered dangerous liberals. And slightly less conservative Republicans such as former Utah Gov. Jon Huntsman are treated as dangerous radicals. In a March 14 New York Times report, Utah Tea Party leader Jacqueline Smith said of Huntsman, “On a good day, he’s a socialist. On a bad day, he’s a communist.”

This sort of rhetoric serves no useful purpose and is at best distracting. It also elevates minor differences on policy or strategy among Republicans into deep disagreements over principle. This has made it impossible for Congress to finish work on the 2011 budget, which should have been done last summer. Hard line Tea Party members keep insisting on impossibly large budget cuts despite the fact that the vast bulk of the budget is effectively off limits.

Not surprisingly, a March 16 Pew poll found that Republicans are losing ground rapidly. Backing for their approach to the budget has fallen even with Republicans and Tea Party members. Support among the former has fallen from 69 percent last November to 52 percent now; among the latter it has fallen from 76 percent to 52 percent. Support among independents is down from 37 percent to 17 percent.

For these reasons, I think Republicans are blowing it. They are rapidly using up their limited political capital for getting control of the budget on trivial spending cuts, such as defunding National Public Radio, that will have no long-term impact. Furthermore, we know from experience that the public’s support for budget cuts quickly ran out in 1981, leading inevitably to tax increases. And according to a February 16 Harris poll, there is less support for spending cuts today than there was back then.


Although Republicans today are confident that they will retake the Senate and the White House next year, I think their current strategy of pandering to Tea Party extremists is undermining these hopes. Polls show Democrats up for reelection next year, such as Sen. Sherrod Brown of Ohio, to be rapidly improving their chances. And Republicans should remember that one reason they controlled the White House during most of the postwar era is that the American people don’t really trust either party to control the entire government. Moreover, the lousy job Republicans did when they controlled Congress and the White House from 2001 to 2006 is still a recent memory.

It’s possible that the Tea Party will turn out to be a force for good, but increasingly it looks like populist movements of the past that quickly burned out without having a lasting impact on policy. The more quickly the movement matures, learns patience, and becomes sophisticated about the nature of politics, the better its chances of achieving its goals.

Tuesday, February 1, 2011

Martha Stewart went to jail for this...

...but how much you wanna bet Clarence Thomas WON'T?

http://www.bradblog.com/?p=8331

"Evidence is mounting that U.S. Supreme Court Justice Clarence Thomas violated federal law by failing to report his wife's annual salary of more than $120,000 per year from conservative political organizations by checking "NONE" on the box for "Non-Investment Income" for his wife Virginia on judicial Financial Disclosure Reports for the last 20 years."



Under Title 18 of US Code, Section 1001, it is a crime to:

1. knowingly and willfully;
2. make any materially false, fictitious or fraudulent statement or representation;
3. in any matter within the jurisdiction of the executive, legislative or judicial branch of the United States.

This is what Martha Stewart was jailed for. Lying to the Feds is a felony, and carries with it a possible fine, as well as 5-8 years in the slammer.

So now, we see whether or not the Supreme Court Justices are subject to the law. Equal treatment under the law, or special treatment under the law - what's it gonna be, Mr. Holder?

Wednesday, January 26, 2011

The economy is SO bad...

I got a pre-declined credit card in the mail.

Wives are having sex with their husbands because they can no longer afford batteries.

CEO's are now playing miniature golf.
...
Exxon-Mobil laid off 25 Congressmen.

I saw a Mormon with only one wife.

I bought a toaster oven and my free gift was a bank.

Angelina Jolie adopted a child from America .

Motel Six won't leave the light on anymore.

A picture is now only worth 200 words.

They renamed Wall Street 'Wal-Mart Street.'

When Bill and Hillary travel together, they now have to share a room.

And, finally...I was so depressed last night thinking about the economy, wars, jobs, my savings, Social Security, retirement funds, etc., I called the Suicide Hotline. I got a call center in Pakistan,and when I told them I was suicidal, they got all excited,and asked if I could drive a truck...

(BIG thanks to my Facebook friend Kevin Colter for this!)

Tuesday, January 25, 2011

Republicans, taxes, and you...

So, here's what Rep. Paul Ryan (the guy who delivered the pack of falsehood known as "the Republican Response to the State of the Union") wants to do to reduce the deficit:

Basically, everybody sacrifices except the top 10% of income earners - the other 90% of us pay for their tax cuts.
So, people who make LESS pay MORE, and those who make MORE pay LESS. The total opposite of Adam Smith. And Republicans have the gall to call LIBERALS "socialist" and accuse them of "class warfare" when they've been practicing BOTH since 1980.
And after 30 years of Republicans mostly running things, we wonder WHY the economy's in the crapper?

A cake fit for a Geek...


Would you believe this is a CAKE?

Apparently, a company in Cambridge, Ontario called Kandy Cakes makes this, as well as other cake art. Inasmuch as I was a HUGE fan of "Battlestar Galactica", my inner geek just died of happiness a little...now, if they do the Enterprise...