Mitt Romney’s ultra-low tax rate on his ultra-high income is reviving questions about the breaks and perks that the wealthiest of the 1% receive from the rest of us. One of these is a special low tax rate for investments — as if anyone needed special tax incentives to induce them to make a bundle.
Here is how far we have fallen: Republicans and big corporations are going to extremes, even threatening to shut down entire agencies of the government, just to keep people from knowing what their rights are. They are “investigating” the NLRB for enforcing the laws that cover employees and employers. They are pledging to block any [...]
Naomi Wolf responded to my criticism of her recent work on the Occupy crack-downs today, here.
Hate to belabor this*, but I have a few comments about her response which you can read here.
*No I don’t. I suffer from this sometimes debilitating illness.
There has been a flurry of speculation surrounding various reports suggesting that a “coordinated,” nationwide crack-down on the Occupy Movement is underway. The problem with these stories lies in the fact that the word “coordinated” is too vague to offer any analytic value.
The difference between local officials talking to each other — or federal [...]
So now, this is the ultimate example of facts not matter. Caught saying something that is absolutely factually wrong, and clearly caught, well, then instead of admitting you are wrong, let’s change the fact.
If we want to bring jobs and wealth back to the United States for the 99% of us who have been under extreme pressure we’re going to have to do something about trade. The huge trade imbalances — especially with China — are sucking our jobs and factories and companies and industries and money out [...]
Richard Sandomir offers us a truly remarkable bit of weaselly reporting — he really takes contrived “balance” to brave new heights with this one…
ESPN said Thursday that it was its decision to end a long association with Williams, but he disputed that on his Web site: “After [...]
Writer and activist Chris Hedges has some powerful things to say about the forces and conditions that have led to the peaceful and many-days-long demonstration currently taking place in New York: Occupy Wall Street (peaceful on the part of protesters, that is; utterly and [...]
One side says, “Never mind the deal we just agreed to, cut this or we’ll shut down the government” and the other side says, “This isn’t fair, and it hurts people. We can’t keep agreeing to pay these ransoms, this has to stop!” Is this “both sides squabbling?” Is this “Congress can’t get its act [...]
Decency and good intent won’t defeat the Medusa that the Republican and Conservative movement has become. Strength, courage, a shot of evil and fanatical commitment has a chance. You fight your opponent on their terms, not yours.
Otherwise as powerful and wonderful as CGI is, the beauty and the inspiration that is there will remain the province only of a select few and never be re-introduced to the nation.
I haven’t posted in a long time, but I have to say something about the audience response to Wolf Blitzer’s question to Ron Paul about health care at the recent debate sponsored by the Tea Party Express on CNN.
The debate is supposed to show the knowledge and character of Republican candidates for [...]
Well here’s a surprise: conservatives and oil interests are pushing deceptive and destructive stories about President Obama and clean energy. Imagine that! Their intent (as always) is to turn people against President Obama, clean energy, national energy policy, stimulus to help the economy, and government in general. It’s what they do. Here is [...]
Why are “capital gains” taxes so much lower than taxes on other income? The reason capital gains taxes are lower is because most of the income of the rich is from capital gains. And the reason most of the income of the rich is from capital gains is because capital gains taxes are lower.
OK, maybe not you – you may well live in a state other than Texas. And if you do live in the Lone Star State but you’re white, that’ll also decrease your odds of taking the needle. But in terms of overall population, Texans are more likely to have their execution order signed by Rick Perry [...]
Before leaving on vacation President Obama said he is going to talk about creating jobs in September. The latest word is he will give this speech next week. Campaign for America’s Future has put together some ideas for creating jobs. See our series Big Ideas To Get America Working:
The task is not [...]
I’ve often compared various administration’s fiscal records. The honest way to do so — the only honest way – is to consider budgets that a president requested from Congress and then signed into law. Budgets are passed during the prior year, so while Reagan entered office in 1981, his first budget was in 1982. Reagan’s fiscal record [...]
Republican Presidential candidate Rick Perry, threatening Federal Reserve Chair Ben Bernanke, over his efforts to boost the economy:
“If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas. Printing more money to play politics [...]
This is the greatest stupid deck I’ve read in a while:
The frequency with which terrorists are found with pornography raises important questions about the possible effects of pornography on our national security.
No, it really doesn’t! But that didn’t prevent Jennifer Bryson from toying with the question nonetheless.* And said examination produced this [...]
U.S. Federal Judge says ‘Yes, he can.’
WASHINGTON — A federal judge has ruled that former Defense Secretary Donald H. Rumsfeld can be sued personally for damages by a former U.S. military contractor who says he was tortured during a nine-month imprisonment in Iraq.
The lawsuit lays out a dramatic tale [...]
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"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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