Friday, September 9, 2011

President Obama: Pass This Bill


As many good Americans do before the first game of an NFL season, I too made time to watch President Barack Obama give his speech to the joint session of Congress and the American people, in which he laid out his plan to grow jobs and the economy. Okay, so a Presidential address before a joint session of Congress before a football game is not the norm, but it did get a lot of hype in the last week. The game, by the way, was a very good game between the Packers and the Saints and I hope is a foreshadowing of a competitive and entertaining season in the NFL. If you were unable to watch the speech, you can view the video here, or read the transcript here.

Just a few observations as I watched the President outline The American Jobs Act. There is a lot in the President’s proposals that are fundamentally Republican ideas, including tax cuts for businesses and payroll tax holidays for employees. The President’s plan also includes very sizable tax credits to businesses who hire veterans or the long term unemployed. These seems to me to be very sensible, non-controversial measures, particularly to the GOP. And yet, most of them sat there, stone faced throughout the speech, even for their own ideas and policies, being endorsed by a Democratic President.

President Obama laid out plans to get 2 million construction workers back to work improving roads and bridges, railways and airports. In 2009, the American Society of Civil Engineers gave a score of a “D” for the state of decay of our roads and bridges. Our infrastructure is literally crumbling as we speak. We have a duty to ourselves and future generations of Americans to improve our infrastructure now. Why should China have a better transit system than the United States of America?

Construction workers would also go back to work renovating and modernizing our public schools. How can our children begin to receive the best education to prepare them in a world economy against the best and brightest across the globe in dilapidated buildings with outdated facilities and equipment? Another thing his plan will do is prevent the layoffs of or rehire hundreds of thousands of teachers. Our kids deserve the best and we must invest in their education if we are to remain a dominant player in an ever smaller world. And yet, Republicans in that hall sat on their hands, blank stares on their faces, as if they wanted our kids to grow up uneducated and uncompetitive.

The greatest thing that should make Republicans happy is that the whole plan is paid for and will not add a penny to the deficit. The President will seek addition cuts to the budget by the Super Committee formed by the deficit reduction bill signed into law in July. Yet Republicans sat coldly.

I’m sorry, but if I were an independent trying to decide on who to vote for in the next election, I’d have to say, these Republicans in Congress would be completely turning me off right now. It is clear they have no interest at all for improving the economy or creating a single job if it would seemingly be to the benefit of this President. He might just get credit for it. That just might get him re-elected. And as has been expressly stated by Mitch McConnell and others in the Republican leadership, their number one goal is to make President Obama a one term President. And it is clear that if that means keeping the economy in the tank by whatever obstruction in Congress necessary, they are not only willing, but have been very successful now for three years at doing just that. It’s time that Republicans quit being subservient to their wealthy benefactors and campaign donors and do what is right for ALL the American people. If tax cuts for the rich worked, there would be no shortage of jobs right now. Those horrendous unpaid for Bush tax cuts for the rich that ballooned our deficit have done only that, ballooned our deficit, and in the mean time destroyed American jobs, shipping them overseas, while corporations and CEOs saw the biggest profits and pay increases in history! I am proud to say that Obama’s plan revives closing loopholes in the tax code for these corporations and the wealthiest Americans. I have no problem with the rich or the fact that they have worked hard all their lives (well those who didn’t inherit everything they have anyway) to build up what they have earned. But in the last 30 years, they have seen unprecedented wealth accumulation while the middle class and poor have seen a decline in their standard of living. Wages have stagnated or declined for this group. This is now a time when the largest corporations are not creating jobs, although they are sitting on literally trillions of dollars in cash. It is time for these corporations and wealthy individuals to pay their fair share and to be part of the economic recovery with the rest of the American people.

President Obama will deliver a bill early next week to Congress and has urged our elected representatives to “...pass this bill right away.” I urge all to contact your Senators and Congressmen and Congresswomen and urge them pass this bill now. Tell them to put aside their partisan politics and put our fellow citizens back to work. Even the President admits this bill may not solve all our problems, but it is a large step in the right direction. As people go back to work, they will again be able to pay their mortgages and purchase the goods and services that will directly stimulate and spur further economic growth. Tell Republicans that the well-being of the American people is more important than the next election. And if Republicans will not support this jobs bill, and if they will continue to obstruct the growth of American jobs, the middle class, and the economy for the benefit of the wealthiest Americans or for their political agenda including unseating President Obama, then we will collectively work to unseat these same self-serving Republicans who do not care about their fellow Americans, but their own bottom line and campaign donations from the wealthiest Americans and largest corporations. Call them, write them, email them. Make your voices heard loud and clear. We want jobs and a decent standard of living and a revival of the American dream. This is not beyond our reach, but the government does have a role and a function, and at this time, this bill must be signed into law to get America working and the economy moving forward.

Monday, August 29, 2011

Eric Cantor is The Worst Person In the World

Folks, I'm not even going to sugar coat it, qualify it, or come up with some clever anecdote to illustrate my point. Eric Cantor is evil. He is a Republican congressman from Virginia and the House majority leader. Let's just cut to the chase, I've said Cantor is evil for a long time, but this just takes the cake. In my 31 years, anytime there has been a hurricane, earthquake, or tornado, the federal government has stepped in and provided funding for cleanup and rebuilding. Over the weekend, Eric Cantor said on Fox "News" that in order for the federal government to step in after Hurricane Irene and do what it has always done, there will have to be cuts in other areas in the budget. This is outrageous! Millions of Americans have been affected, and as of this writing, 35 Americans have lost their lives, across several states. And now this man, who time and time again has fought and continues to fight to cut taxes for the richest Americans and largest corporations, who has voted to dismantle Medicare and Medicaid and privatize Social Security, a man who has investments that literally bet against America and would have profited him big time had America defaulted on its debt. And during the whole debt ceiling debacle in July, Cantor was trying really hard to block any deal from happening. And let it be remembered that the whole whole debt ceiling crisis was a manufactured crisis created wholly by Republicans in Congress, with none other than Eric Cantor taking a leading role. This evening, Keith Olbermann declared Cantor today's Worst Person in the World. Keith, none have been more deserving of the honor. To tie your extreme right wing political agenda to the suffering of Americans due to a natural disaster makes Eric Cantor the Worst Person in the World, the least Christ-like person in the world, the most un-American person in the world, and completely evil. People of Virginia, I hope you will not tolerate this evil man to represent you for another term. I cannot believe the majority of people in his district are as heartless as he is.
Update: I just learned exactly what programs' budgets Mr. Cantor would like to cut. According to ThinkProgress.org, On Fox "News" the majority leader said he "supported $1 billion in disaster relief funding as part of the Department of Homeland Security appropriations bill, which includes massive cuts to FEMA and first responders." Now I ask, what in the world kind of sense does that make Congressman? You mean to tell me you are going to slash funding to the very agency that is responsible for assisting in cleanup and reconstruction? And you want to slash funding to those who are trained to go out and find the injured and bring them aid and take them to the hospital? Are you mad? Are there people in your district who are actually as heartless as you and who will still vote for you? For the love of all that is good in this world, I hope not. I hope your constituents are better people than you are and will remove you from your position in the next election.

Wednesday, August 17, 2011

On Rick Perry, Warren Buffett, and Jobs


So today is my birthday, and just in time, and for great comic relief, Rick Perry, governor of Texas has entered the Republican primaries to become the GOP nominee for President in 2012. He immediately made a huge gaffe, threatening Federal Reserve Chairman Ben Bernanke, and at the same time exposing his own complete lack of understanding of monetary policy. Really, if this guy is threatening people 4 days into his campaign, I can't wait to see what else he comes up with. This is a guy talking about how much he LOVES America. But as I recall, this is the same guy who, on several occasions in the last year, also threatened to take Texas and secede from the United States. Where's the love, huh? I'd love for this guy to get the nomination and run against President Obama. That could be fun.

Speaking of President Obama, he's out on a bus tour encouraging folks to hold their congressional representatives accountable for last month's debt ceiling debacle and to push them to get busy to work on legislation that might produce some jobs to finally help that 9.1% unemployment rate. I mean, since all the tax cuts for the rich have clearly not worked, I think it's time to try a completely different angle. Even Warren Buffett understands that he and those in his tax bracket, as Americans, have not had a whole lot asked of them in the last 30 years,  "My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice." He knows that millionaires and billionaires will continue to invest and will continue to get richer even if they do have to pay a little more in taxes.

It's time our "representatives" actually started representing us, the people who go to the polls and do the voting, and not the big corporate donors to their campaigns. Americans are hurting. It's time our congressmen and women went to congress not as Democrats and Republicans, but as Americans, to work out real solutions for the American people they represent who are hurting in this economy. It's time to quit playing games and quit playing politics. It's time to fund the projects that have been proposed that will put Americans to work. 

Maybe I'm just a simpleton, but it seems to me that if you fund a bridge in Missouri, you have to employ people to build the bridge, all kinds of people. From engineers to contractors to builders, there are a lot of disciplines needed to build that bridge. Then you have to get steel from Pittsburgh, and now a steel plant in Pittsburgh needs to hire a couple of guys, then you have to transport the steel, so you have to hire a guy to transport it. What I'm saying is, if you fund one project, it's going to stimulate a lot of economic activity. If Congress would get off it's collective butt and start approving and funding all these proposed projects, instead of trying to destroy each other's political careers (Mitch McConnell I mean YOU), joblessness would decrease and economic activity would increase. You see, when the rich are not creating jobs, and the people don't have money to buy stuff, it is good for the government to step in and either directly or indirectly, create jobs. It puts more money in the hands of the poor and middle class who will go out and buy the stuff that will improve the economy. All government spending is not bad, contrary to what the "Tea Party" may think.

And as far as the rich creating jobs, Warren Buffett had something to say about that too, "And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation." Congress and the President must allow the Bush tax cuts expire at the end of 2012, no ifs, ands, or buts. Buffett says he would raise rates immediately, so I'm being generous with my time frame, particularly since it's already law. I would encourage everyone to read Warren Buffett's op-ed piece in the New York Times, and then write a letter to your Senator and Representative encouraging him or her to read it and take it to heart.

As I said at the beginning, today is my birthday, I'm 31 today. And if you'll notice on the right, there is a place where anyone can make a contribution to the blog. Any donation is very appreciated and helps me to keep it up! Thanks to all my readers!

Thursday, August 11, 2011

Dylan Ratigan Rant - Bought Congress

Now this is the kind of honesty that is so desperately needed in our media. This is the kind of passion that I wish we were seeing from our media. This is what media is supposed to do: expose what is going on in the government and how it is affecting us, the American people, in our everyday lives. We do have a bought Congress. I have been saying it for years, and the wealthy and corporations are pulling all the strings in our political process on Capitol Hill. And the Supreme Court's Citizen's United ruling last year ensures that now we'll never know who is spending the money in our political process, how much they are spending, or where it is coming from. That's right, money could be coming from China, India, Venezuela, Iran, or Russia, influencing our elections! Here's the rant:



Tuesday, August 2, 2011

Keith's Special Comment: The Four Great Hypocrisies of the Debt Deal

I'm mad! And it's time we all were. And it's time that our government governed "of the people, by the people, for the people." I will not sit around idly while our "leaders" continue on a path to make the wealthy pay nothing while the middle class and the poor are left destitute. The only class warfare going on in this country is by the wealthy and corporations against those who have no representation in our government, the poor and middle class. Thank God for voices like Keith! We need more like his and we need to be organized and there is no time to lose.

Sunday, July 10, 2011

John Boehner's Priorities

Speaker of the House of Representatives, John Boehner (R Ohio), has once again shown us where the Republicans' priorities are. The President has been working with leaders of both parties in Congress to iron out a deal to cut back spending in the budget in exchange for raising the national debt ceiling. First of all, during the Bush administration, current GOP leaders voted to increase the debt ceiling 5 times, and never demanded spending cuts. Yet when a Democrat is in office, it's a political game. We all know that Mitch McConnell said his #1 goal is to make President Obama a one term President. And if that means the United States of American going into default on its debts, causing interest rates to skyrocket, the dollar to plummet, and the economy to crash, he seems quite okay with that. I am convinced, and I'm not the first to say it, that McConnell, Boehner, and other Republican leaders are so obsessed with making President Obama a one term President, that they have done all they can to slow down the economic recovery and are doing all they can to forestall a debt limit increase. They are playing with fire.

The fact of the matter is Americans are not with the GOP. Poll after poll after poll shows that the majority of Americans want Republicans to cooperate with Democrats by increasing taxes on the top 2% of Americans and ending tax subsidies and loopholes on large corporations. Democrats have shown time and time again that they are willing to reach across the aisle and make concessions to Republican demands. But the GOP's leaders will not relent. They absolutely will not raise taxes on their wealthy friends and campaign donors. Since Barack Obama was inaugurated, Republicans have worked diligently against any measure that will help the economic recovery, the poor and middle class. Their whole agenda has been to cut taxes for the "job creators" (the rich) and large corporations. While I agree that we as a nation do need to cut spending, it should not be cut from Social Security, Medicare, or Medicaid. The working class paid into these programs and the Republicans want to cut them to bail out the wealthy again in the form of lower taxes for the wealthy.

Here's a history lesson, Bush cut taxes for the wealthy in 2001 and 2003, and from that time until the Recovery Act, jobs were not created but were lost, by the millions. Many of those jobs were eliminated by those wealthy who benefited from the tax cuts and were shipped overseas where they could be performed in much cheaper labor markets.

Republicans need to invest in a calculator. They are really inexpensive these days. Heck, I might raise some money to send them each one. Spending cuts alone will not pay down the debt. There must be increases in revenue. The poor and middle class have nothing left to give up, and yet the GOP is still trying to make that group and the elderly and disabled pay for the mistakes of Bush and the Bush era Congress. Why do Republicans completely ignore the will of the American people and stubbornly refuse to bend on increasing taxes on the top 1-2% of Americans and close tax loopholes on corporations? Why should everyone in America except the wealthiest and largest corporations participate in the recovery. Why do Republicans protect these people from giving one red Lincoln of their vast fortunes to the government that has been so good to them these last 30 years? When will the American people hold these Republicans accountable for their actions against the poor and middle class over these last 3 years? I hope this will all be remembered on Election Day in November 2012 that it is the Republicans who refused to work for the best interest of all Americans, but only for the interest of the elite few.

Friday, July 8, 2011

Orrin Hatch Thinks The Poor Should Pay More Taxes

Senator Orrin Hatch (R) of Utah thinks the poor and middle class need to pay more in taxes and share more in the sacrifices of this nation. Yeah, he said so...right on the floor of Congress. Are Republicans really this completely out of touch? They are working so hard to protect millionaires and billionaires fortunes, it defies all logic how they are possibly going to be re-elected next year. People who vote for these guys are literally voting against their own best interest. Well, here he is in all his glory, Orrin Hatch and his "Psycho Talk"!



Tuesday, July 5, 2011

A Rebuttal to the "Don't Tax the Hard Working Rich" Argument

First off, I hope that everyone had a wonderful Independence Day yesterday. And again I would like to offer my gratitude to the men and women of the Armed Forces of the United States, who fought to make this a free nation, and who continue to defend our liberties each day.

Now I know, in our society, there are just things you should not discuss at work: religion, sex, and politics are chief among them. And I try to write my thoughts here to get my feelings/frustrations out, but there are times when something is said, or I read a Tweet out loud, and being the opinionated person I am, I just can't keep my mouth shut anymore. The problem is, I'm a better writer than impromptu speaker (which is why I don't think I'll actually ever be a politician) and do not always think of the right things to say immediately.

So a couple of times last week, I heard a couple of coworkers repeat the old Republican talking point that the "wealthy should not be taxed at a higher level because they have worked so much harder to make all that money, so why should they be punished by the government coming in and taking their money away in the form of raising their taxes?" Of course that was coupled with the classic "but you can't raise taxes on the rich and the large corporations, they're the ones that create jobs!" If I haven't blogged about that second argument, I will very soon. But for now, my focus is on the first. While I did stand up to these talking points, I could have made a better argument.

So first off, a little history. From 1940 - 1963 the highest top tax rate ranged from 81% - 94%. For the rest of the 1960s and 1970s the top tax rate ranged from 70% - 77%. Now, during all these years, even being taxed at such a high rate, those living at the top were living incredibly well. At the same time, unions were strong, the middle class was booming, and families could afford to buy homes, cars, this new thing called "television", and they lived quite comfortably. For the most part, only Dad worked and families only went into debt for the mortgage. Now, I do not mean to oversimplify life as it was before I was born, but in general, the economy was growing, the middle class could buy the things they were producing, and prosperity could be had by the very wealthy and the middle class, all of whom were "hard workers".

Then Ronald Reagan came to Washington and nothing has been quite the same since. The top tax rate was abruptly cut to 50% and by the end of his second term it was all the way down to 28%. There was an increase of influence from Wall Street and other major corporations on Capitol Hill, hell bent on keeping those tax rates low. Since then companies and governments have been working to delegitimize, harass, and ultimately destroy the unions. Workers have less power to negotiate for better wages and benefits. The same wealthy who used to build up their companies and invest in their employees now close factories in America, ship the jobs overseas where labor is cheaper, and give themselves a big fat pay raise. Don't believe it? From 1990 - 2005 the average production workers' pay increased a paltry 4.3% (definitely not keeping up with inflation), while a CEO in America saw earnings grow 298.2%. I recently read (although for the life of me cannot remember the source) that before Reagan, the average CEO earned 30 times the average employee. Right now, the average CEO earns a staggering 400 - 2000 times what an employee earns.

If our economy is to get out of this rut, policies will have to be enacted to strengthen the middle class once more and the purchasing power they once held. Supply-side economics does not work. The last 30 years have proven that. This is a consumer economy, and if the consumers are unable to purchase the goods, the economy will remain stagnant for some time to come.

So what it all boils down to is this: the wealth gap between the rich and poor in this country has been growing almost exponentially for three decades thanks to corporate and Wall Street influence in Washington and our elected "leaders" writing and signing legislation that primarily benefits the wealthy at the expense of the middle class. I am all for hard work and industry, and I do believe a man should be able to earn a decent living. The top 1 or 2% in this country have been living lavishly thanks to their buddies, the Republicans, for the last 30 years, while the rest of this country is struggling to find a job, pay the bills, or just make ends meet from week to week, and that's with both parents in the work force. I argue that the poor and middle class work just as hard as the richest CEO, although they cannot make near the amount of money, for they do not have representatives in Washington writing tax codes and other legislation on their behalf.

So, yes, the wealthiest citizens in this country could afford to pay a little more in taxes. They are obviously not spending it in the way a middle class family would (which would stimulate the economy), and for the love of all that is good, they are NOT creating jobs. I'm not saying the top tax bracket should pay a 90% or even 50% tax rate, but if we take it from the current 35% to 39.6% as it was during the Clinton administration, which, as I recall were very prosperous years, that would be a big help to increase revenue to the government to help pay for all those nice things we enjoy in this country: roads, national security, national parks, clean air and water, and safe food to eat, to name a few.