Via: Think Progress
Vice presidential candidate Paul Ryan’s budget — which gives massive tax breaks to corporations and the wealthiest Americans, drastically slashes funding for social programs, decimates state budgets, and still ends up ultimately raising the deficit — has garnered critics ranging from Catholic bishops to top economists.
Yesterday, former President Reagan’s budget adviser, David Stockman, added his voice to the dissent.
Stockman, who was the director of the Office of Management and Budget during the Reagan administration, blasted Ryan’s budget as an “empty conservative sermon” and “fairy tale” in an op-ed published in the New York Times:
The Ryan Plan boils down to a fetish for cutting the top marginal income-tax rate for “job creators” — i.e. the superwealthy — to 25 percent and paying for it with an as-yet-undisclosed plan to broaden the tax base.
Of the $1 trillion in so-called tax expenditures that the plan would attack, the vast majority would come from slashing popular tax breaks:
1. employer-provided health insurance
2. mortgage interest
3. 401(k) accounts
4. state and local taxes
5. charitable giving and the like
6. low rates on capital gains and dividends.
…In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices.
And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress.
Mr. Romney and Mr. Ryan have NO PLAN to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity — just empty sermons (yeah, but I thought the teabaggers like white, male, Christian, ’empty sermons’?).
Read more, HERE:
The Obama Team is planning to have a Republican address the Democratic Convention in Charlotte; and I can’t think of a better one than, Mr. Stockman.
“There is not going to be much change with Romney, so we might as well let Obama win,” said Aitken.
– Jane Aitken is the spokeswoman for the NH Tea Party Coalition, which is made up of 51 separate activist groups.
And YES, if the ‘teabagger/libertarian/Republican party’ hadn’t slashed the ‘normal funding’ to local governments for teachers, police and firefighters; there wouldn’t have been the drop in the Public Sector.
Q: But the deficit woud be larger?
A: Probably/possibly, but people who are working pay income tax; and they buy crap including houses/cars; thus they pay property tax and sales tax.
In addition, if we had better public schools and more teachers; kids would be better educated, and less likey to vote for the:
‘teabagger/libertarian/Republican Party MORONS’!
I’m now stepping off my soap-box, thank you!
Via: Think Progress
Republicans in Luzerne County, Pennsylvania have elected Steve Smith, a lifelong white supremacist with close ties to neo-Nazi groups and groups like Aryan Nations, to the county’s GOP Committee.
The elections, which took place in late April, were certified by the committee two weeks ago, and Smith notified supporters of his victory last week by posting a message to the online forum White News Now.
The Southern Poverty Law Center has documented Smith’s participation with known skinhead organizations like Keystone State Skinheads, (now Keystone United) which he co-founded in 2001. And his racist activism extends far beyond violent rhetoric as well, into actual violence:
In March 2003, he and two other KSS members were arrested in Scranton for beating up Antoni Williams, a black man, using stones and chunks of pavement. Smith pleaded guilty to terrorist threats and ethnic intimidation and received a 60-day sentence and probation.
Smith is also an active member of local Tea Party groups, a network that he used to gain support for his bid for the committee seat. According to the SPLC, Smith referred to the Tea Party as “fertile grounds for our activists.”
Luzerne County is hardly a small rural county either. According to the 2010 census, over 320,000 people live in Luzerne, many in the county seat of Wilkes-Barre, a large city of over 40,000 people. And in an interesting juxtaposition with the election of an anti-immigrant bigot, Luzerne County saw the nation’s largest county-level
Q: Will Steve Smith give the GOP keynote address in Tampa on August 27?
A: I suspect if the Tebagger/Aryan wingnuts have their way, he just might.
Via: Thing Progress
Via:Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news.
In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of GDP.
Total spending this year, fiscal year 2012, is expected to top out at 23.4 percnt GDP.
Here’s another interesting fact. Taxes today are lower than they were on inauguration day 2009. Back in January 2009, the CBO projected that total federal tax revenue that year would amount to 16.5 percent of GDP.
This year? 15.8 percent.
One last nugget. The deficit this year is going to be lower than what it was on the day President Obama took office. Back then, the CBO said the 2009 deficit would be 8.3 percent of GDP.
This year’s deficit is expected to come in at 7.6 percent.
The fact is that Obama inherited a disaster of a federal budget.
Eight years prior, when President George W. Bush took the oath of office, there was a $281 billion SURPLUS. By the time Obama was sworn in, he was facing a $1.2 trillion DEFICIT.
Inconvenient though it may be for conservatives (especially those who are running for president), the truth is that spending, taxes and the deficit are all lower today than when President Obama took office.
I hope when you hear the bull-sh*t from the GOP/teabagger/libertarian Party in the run-up to the election, you will remember these numbers.
The once-promising, but then progressively quite sad, prospects for the Donald Trump debate have completely withered away: Donald Trump is bowing out of moderating the Newsmax debate timed right before the Iowa caucuses.
According a statement from the proverbial desk of the media mogul, via Greta Van Susteren’s blog, he said that the reason he was not moderating the debate was because he’s still threatening to unveil another fake independent candidacy–not because the only candidates who decided to show up were Newt Gingrich and Rick Santorum.
In the same way that he ended his candidacy the first time around, he still insisted that if he actually had moderated the debate it would’ve been the “most watched” and best of them all.
“I would like to thank Newt Gingrich and Rick Santorum for having the courage, conviction, and confidence to immediately accept being a part of the Newsmax debate. I believe this would not only have been the most watched debate, but also the most substantive and interesting debate!”
Via: Huffington Post
After a dreary summer marred by the fight over government borrowing, rank-and-file Democrats say they are growing more optimistic about President Barack Obama’s political prospects in 2012. They cite his tougher, more populist tone and what they view as a chaotic primary fight among Republicans.
photo: Henny Youngman
“How’s your wife?”
“Compared to what?”
- American photoghaphers
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- deficit reduction
- First Lady Marcus
- Fox news
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- nuclear disaster
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- WPA – posters