Ronald Reagan

2009/04/15

Reagan Myth one: he lowered taxes. This is not true. He did lower marginal income tax rates a benefit that accrued to those with the highest incomes. Then — ELEVEN TIMES — he raised taxes. He invented a new name for taxes, calling them user fees, and revenue enhancements, after that there was loophole tightening. The net effect was to raise taxes across the board, while narrowing the gap between what the haves and have not’s paid.

What other Reagan myth’s would people like to hear about?


Madoff Was A Piker — America’s Big Banks Are a Far Larger Fraudulent Ponzi Scheme | Corporate Accountability and WorkPlace | AlterNet

2009/04/07

Moyers Journal: Madoff Was A Piker — America's Big Banks Are a Far Larger Fraudulent Ponzi Scheme | Corporate Accountability and WorkPlace | AlterNet.

I have said this for years. To have believed all the hype over the last fifteen years one would have to believe in magic. Most of the wealth in this country as calculated by the dollar value of all notional currency is inherently false. Call it inflation, call it fraud, it is not real. All pension plans derive their ability to pay from current production regardless of notional contributions. We have an 18th century cash drawer mentality for a economy that is mismatched to that era’s ethos. If that fundamental contridiction is not addressed we will revist this again, the burst bubble, and want in a land of plenty.


The coming evangelical collapse | csmonitor.com

2009/03/25

The coming evangelical collapse | csmonitor.com.

Can’t come soon enough!


DNC Blasts Boehner For Claiming GOP No Longer Plans To Legislate

2009/03/15


The GOP doesn’t deserve the attention it gets. But the Media turn everything into a horse race. The GOP are counter productive lunatic traitors to our country. A pox on them!
More on Video
Read the Article at HuffingtonPost


Lets Do Nothing and See What Happens

2009/03/14

In politics words are used to confuse and persuade all too often. Arguemnts take the form of equivocations and false logic. An example is the politician’s syllogism, also known as the politician’s fallacy is a (falsely) logical argument of the form:

We must do something
This is something
Therefore, we must do this.

Oh man, do we choke on this all the time or what?


Open Letter to the Republican Traitors (From a Former Republican)

2009/03/09


Traitors indeed! What we need now is a list of proscribed persons, starting with Rush the lying, ignorant traitor and junkie.
Read the Article at HuffingtonPost


Dollar Hegemony Imperilled

2009/03/07

America, albeit not all Americans, have benefited from the Dollar as the world reserve currency. The organizational structures and peace that follwed WW2 by definition favored the US. That other nations benefited too, is indisputable yet we benefited most: and many nations suffered under that regime. It may be past time that the post WW2 system can be saved, if that is the case, it is a certainty that it is all the US;s own fault. More and more people and politicians are becoming aware and interested in a solution to the situation. Here is an article in that regard. Suffice to say that military adventurism, and a complete lack of fiscal prudence over a long time brought us here. And lets not blame Keynes, who like Adam Smith and many other thinkers had their theories and writings reduced to some flippant maxim.