Meanwhile, Obama’s Catfood Commission continues its plan to saw the legs off Social Security. If the class warfare were any more blatant, the Corporate Party would be shooting Social Security recipients.

If the idiot Republican party didn’t want the tax cut to expire why did the idiots put an exparation date on it in the first place?

Now the same idiots who kicked and screamed about unemployment extenision adding to the deficit wants to add 4 trillion to the deficit just to appease 10 per cent of the population?

The tea baggers are the ones screaming fiscal responsibility and they are the one creating the 4 trillion deficit.

Once again the lying tea baggers aka Conservatives, Reagan tripled the deficit, Bush Jr doubled the deficit, now tea baggers wants to add 4 trillion to the deficit with nothing to show for it.

Tea baggers all hot air.

Well, if the bush tax cuts don’t come to an end, we have to borrow the money from china, DUH!!!

Make sure to tell the morons in the tea party about it so they can continue to eat their own

I have no confidence the stupidity of the american people won’t rear up and still screw us in November

Someday, we will have real liberals in power and finally, we will be able to punish conservatives for their criminal activity

The Dumbocrats are already running from challenging the GOP on this. What makes anyone think they’d make the simple and repeated argument that”

“the GOP wants to give billionaires the best tax cut they’ll ever get and the rest of the American people a $4 trillion tax increase? We say NO way!”

It’s so simple not a single one of them will use it. Why?

BECAUSE THEY ARE PATHETIC, SCARED OF THEIR OWN SHADOWS, WORSHIP GOP ASS, AND WANT TO LOSE!

Because they fear angering the same set of corporate overlords that control them as well. Gotta hand it to the rethugs; at least they openly flaunt their particular brand of sleazy evil. And they get away with it.

Don’t you mean that the massive 4 trillion dollar increase the the democrats are proposing? At the end of the day the democrats will be raising taxes by 4 trillion dollars to try and pay for their spending spree.

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It’s all in the phrasing:

“The Republican ‘Bailout For Billionaires’ Tax Strategy would add $4 trillion to the Federal debt”

Back when the Bush tax cuts were being bantered about the White House circa 2002, then Treasury Secretary Paul O’Neill warned that deficits of over $500 Billion annually were in the future. He warned against them at that time and soon after resigned.

Whose side are you on? The 99% or the 1%?

I’m convinced that the 2 party system has become a system of false choice. Both parties serve the same masters and nothing will change until there is true campaign contribution reform. The other thing that would help would be if progressives and liberals formed their own party – similar to what the TeaBaggers had done – minus the insanity of course.

The true evil genius of it all is that we are now facing a real threat of Social Security being eviscerated under left cover – versus under right rule. Same corporate masters – just a different face and mouth to put you in your place and steal the little bit that you have left.

But we’re at the end of the day and its the rethugs trying to raise the debt by$4Trillion. How do you explain that.. or can’t you?

GOP say tax cuts will bring jobs. Those making over 250k who are they going to hire? Someone to clean there house, mow the yard, jobs that don’t offer health care. So the past should have shown that, all jobs went overseas because the tax cuts went to company’s that ship jobs there.

Cricket, cricket, cricket……..the sound of the MSN coverage of this unmitigated hypocrisy

Headline:

Republicans propose borrowing $3.7 Trillion from China to finance Bush Tax cuts!

Now that headline is simple enough that even a TEA Bagger could understand it.

Kennedy and Reagan both increased revenues by lowering the rates. Low taxes don’t mean less revenue and reporters are usually semi-retarded parrots that rewrite press releases. The people have been robbed enough.

Obama spent more than George Washington thru Reagan. Where the fuck do you suppose he’s borrowing it from?

Letting people keep the little capital they can produce will help put some of you unemployed halfwits into a job which will INCREASE TAX REVENUE.

See if you can understand this, I wipe my ass with a fucking CBO report. When have they EVER gotten anything right?

and that same system demonizes tea parties to people like you to keep you away. go listen to ron paul debating the republicans during the 08 primaries and tell me he’s “insane”. the tea party could use some more REAL fed up people. OF COURSE the establishment is trying to coopt it with their fake patriots like Beck, thats been their MO since the 60s and before. its the same thing they did during the anti-war protests int he run up to the Iraqi war. and it was ALWAYS about the crazies with the craziest signs about putting the zionists back in the oven, etc. par for the course. don’t fall for it. lets save america from this satanic NWO corporate takeover. we can make it up as we go along. its time to find common ground.

you will notice this reason given often on Raw Story.

Dems are never being hoodwinked and lied to, its always about how they are “scared” to stand up and basically pussies.

Its bullshit.

i hear the same thing from Repubs I know. When you ask them about fiscal irresponsibility or Bush types being for Wall Streets open borders agenda they always say that they have to because they are “scared” of the backlash, even though there are huge majorities on these issues.

Both parties are bullshitting you completely every time they open their mouths and ask for your vote.

I love liberals pretending to care about huge deficits and borrowing money from China. Give me a fucking break.

One of the dumbest comments I have ever seen posted. Of course the Democrats aided Reagan, our first president experiencing dementia. However, when Reagan started the deficit was $0.5 trillion. When he ended it was $3.8. Memory loss is a terrible thing to waste when it plays so well into the venal efforts of apologists and revisionists.

I think it is becoming clear, we can not afford the Bush era tax cuts. In all honesty we could not afford them when they were first given. The idea of giving the money back to the people sounded real good to people. What they did not understand was that a budget surplus does not mean money laying around going towards nothing. Basically we have to raise taxes. The question is for who. The Republicans who champion the “trickle down effect” would give tax breaks to the wealthy. While this sounds good in theory, greed tends to get in the way. When the wealthy are not expected to spend money, they hoard it. They already have massive amounts of wealth, and are always looking for a little more. The wealthiest people in this country don’t spend their money. So why give them a tax break? Democrats on the other hand have the idea of keeping taxes low on people who need it. In this instance when the working poor (the former middle class) have more money, they tend to spend it. Which in turn breaks the rusted gears of the economy getting it to move again.

To put it simply, in November a vote for a Republican will ensure the elite of the elite(people George W. Bush noted were his base) will benefit. Lower taxes for these people will mean they will become more wealthy. However a vote for a Democrat will give the rest of us a little more spending money in our pockets. When lots of people have spending money that they spend, jobs are created. Either through services or items being manufactured.

No tax cuts will not increase revenue. The 1%ers will just take that money and use it to bet on whether you’ll default on all those bills you’re paying. And then when you do default (because the govt gave them $100K extra a year instead of putting it toward investing in job training, re-education, or infrastructure) they’ll get a big fat bailout, courtesy of the taxes you would be paying if you had a job.

You rethugs are i-n-s-a-n-e. 10 years of stagnant wages and catastrophic job losses and you still scream that your policies will not do EXACTLY what they have consistently and already done.

They’ll hire another broker and gamble that money into digital heaven, knowing that if the losses are huge enough they’ll all get it back from uncle sam plus more.

The only good Republican is a defeated Republican. Just as the only good Democrat is a defeated Democrat. They control the media and the parties. We elected a lie created by the parties and the media. And we fell for it. It doesn’t matter who the individual is, if he is a party member, he is for the party, not us.

After 68 years, I’ve finally learned the truth. I quit. The inside of an election booth will never see me again. I haven’t counted for 68 years, so why keep hoping.

Voters are fools.

You simply do not know what you are talking about.
Bush spent more than all of them put together and Obama is not even close.
You need to wipe your own ass and read.

The Faux news crowd continually repeats this nonsense because Kennedy did indeed cut tax rates and revenue did go up.
The reason why is that he also closed all of the loopholes the top 1-2% use to avoid taxes.
As usual with this crowd they only know half the story but repeat it until they believe it.
Cutting tax rates under Bush cost us about $3 trillion and we LOST 9 million jobs during those eight years.
It is what Daddy Bush called Vodoo Math.

Yup…if voting could change things it would be illegal.

Stop using math when responding to republicans. They freeze up.
Then again you also picked on their god, ronny raygun.

Of course it would. Repubs just want to win. They do not care about the truth. Where are all the jobs created from the Bush tax cuts? Studies show that the rich took the money and invested in foreign companies. They did not create jobs.

See how brain washed the corporate media have made the un-curious voter?

You are a defeated voter. You may as well go crawl in a hold and die.

Obama is hitting this point at every speech he is making now.

Borrowing money from China: how Bush financde his big expansion of government, carried out two expensive illegal wars, drove American manufacturing overseas, and put the American economy into the ditch.

Fuck you

“Two Santa Clauses or How The Republican Party Has Conned America for Thirty Years”…

http://www.commondreams.org/view/2009/01/26-0

Exactly.

Exactly.

CNN reported this morning that 31 democrats in the house have called for extending the tax breaks for everyone for a period of one to two years or until the economy is on a better footing.
I would rather have them expire for everyone than to continue this idiocracy!
-Why are these Democrats so spineless??? I just can’t stand it!

Hey Alpo for brains do you even know what the rates were that Kennedy lowered?

Secondly Ronnie Raygun’s tax cut increased DECREASED revenues as a percentage of GDP. YEs the GROSS did go up as the economy expanded but the red ink flowed like no time in prior history. Your claim that lower taxes create more Govt. revenue has been thoroughly debunked and even Sir Alan Greenspan disavows this claim.

As usual you fail to address the point of the story. Yes Red ink is a long term problem but without Govt. stimulus there won’t be any revenue or jobs.

You are a naive fool if you think giving rich people money will create a single job in the USA. Over the past 30 year wealthy Americans and large American Corporations have deployed MORE US capital outside the country to create jobs than they have inside the country. The ratio of foreign investment of US capitol accelerated even more under the NEOCON’s.

What we need is a National CRA for American capital. Since you cannot get a bank loan to start or even expand a business you should be able to access capital from private sources, however they are hoarding their money or investing outside the country.

Great Post

However I would add that we couldn’t afford the tax cuts because they wasted the money on wars and doubled the deficit. If those morons hadn’t gotten us into Iraq and Afghanistan, there could have been a balanced budget and tax cuts.

Instead of talking about taxes we should be talking about spending, the government has increased in size far faster per year than the economy at large. Eventually if this continues the government will become so big and expensive, that it will crush the economy which pays for it.

America can’t afford wild spenders like Ronald Reagan, Bush or Obama anymore

Pure intellectual laziness.

You’re too lazy to look into it and see which party will screw you over worse, so you cop-out and throw your hands up.

Your kind of apathy is what the Republicans depend on to keep retaining the power to steal from you.

Man up and LEARN something about the individuals instead of playing the ‘they’re all bad so screw it’ cop-out.

Except that spending on infrastructure is the BEST way to stimulate an economy during a recession.

Every honest economics expert will tell you the same thing.

If only you had a clue as to what you are talking about

Sure I agree, the government should be spending money on roads, fiberoptic
and LNG lines to stimulate the economy instead of giving it to Goldman Sachs

My broader point has to do with the direction of the country. Every year
for over 3 decades which includes both booms and busts, the government has
grown at a faster rate than the economy. Eventually if this continues the
government will have to raise taxes and after increasing taxes year on year
decade on decade, the economy will stop growing and the standard of living
will decline.

Continuous government expansion as a percent of GDP cannot continue to grow
to infinity therefore it will reach a boundary condition. When that
boundary is hit, there will be a financial/social crisis regardless of how
people feel about the role of government.

As it is right now, interest on the national debt is one of the top federal
government expenditures. Right now that debt costs every man woman and baby
in America $2400 a year in interest payments alone. (this number is an
average: the rich pay more and the poor pay less)

What could you do with $2400? Would it stimulate the economy if everyone
had $2400 more in their pocket?

It was that thinking that saved America from the Depression.

You do make valid points, we can not afford to spend like there is no tomorrow. However, focused spending on area’s of health care, and infrastructure will ensure that our children, and our children’s children will have a better standard of living than we have today. I would agree that not allowing big businesses, or bank’s to fail will in the short term save some job’s, it will end up costing us more in the long term.

There needs to be change in D.C. I don’t think that anyone can argue that. The way that things have been going are now obviously unsustainable. President Obama rode that wave of change, but really has done little to effect it. While some of the blame is his, most of it is to do with the way the opposition works. If we are to rise up again, government needs to work for the people again. Not Big Business. The TEA party has grabbed a hold of this idea, and ran with it. But if you follow the money, Big Business is funding the TEA party. So in whose best interest is the TEA party? That is the point I was attempting to make. While they are correct in saying that this country is under threat, what they are not telling people is that it is under threat by those funding and crafting their ideology.

The point is they both screw us. They took 5 Trillion of our dollars and GAVE it to Defense Contractors, Blackwater, The Banks, the investors, the list goes on. Instead of trying to decide whose going to screw you less you should be arresting the people who opened the treasury. How many Defense contractors have been arrested for OVER BILLING. Instead they have paid fines equal to less than a days income. Its time to get the rope, not reach for another voting lever (which are all fixed anyway).

I want the people who GAVE away $5,000,000,000,000.00. I want the people who got our country’s future taxes to give it back. Until that money is returned and the felons who stole it and GAVE it away are punished, voting is just masturbation.

So Ranting Tommy, You Man up and do something about it.

Peace

If they are wearing a uniform, any uniform, they are the enemy.

Everyone knows that there needs to be reform, unfortunately the country is
split with different camps moving in opposite directions. I don’t like the
healthcare reform, it has several major flaws.

for example I will be taxed if I don’t get: Mental health coverage and
maternity care. However i don’t need either of those. Mandating
unnecessary coverage makes rates go up, and I don’t need more coverage or
more costs, I already pay thousands of dollars more in health costs than in
services I receive (averaged across my age group including catastrophic
accidents/illness). Healthcare “reform” was written by the insurers to
cause them to profit. Also, it is not in the bounds of the constitution to
have the feds monkeying around with healthcare (but that is another debate)

Anther Obama problem is how he shovled billions into the pockets of Goldman
Sachs, the last investment bank standing and (SHOCKER) the biggest financial
corporate lobbyist with many former goldies on Obamas administration, I
smell kickbacks.

Anyway with regard to the TEA party.

While it may be true that freedom works, Sarah Palin and Glen Beck are the
GOPs fervent attempts to warp the TEA party into a GOP apparatus. They need
to do this because the TEA party is anti-incumbant. Just look at how many
RINO rejects have been cleared out of the GOP side. The TEA party is
attempting to Hijack the GOP so the GOP is copting them..

I was involved in the Ron Paul campaign and the anti-tax movement long
before anyone ever heard of Sarah Palin outside of Alaska. The TEA (taxed
enough already)party is not a GOP invention it is an anti-tax movement. Ron
Paul, who is the inspiration for the TEA party, is the largest benefactor of
small personal donations in US history. There has NEVER been anyone who
received so many small individual donations and they added up to the most
ever raised in one day. That’s is the TEA party. It is a real reaction
from people who think that the country is headed directly toward a major and
unrecoverable disaster

There are so many rules these days, they are arresting people for selling
raw milk and cheese. They are harassing Walnut producers for having
scientific studies showing Walnuts are good for you on the package. They
are tasering old men in their homes for refusing to go to health
evaluations. Now the feds want to me to 1099 every business expense over
$600. The feds are busy wasting my money. in the stimulus wasted $800k on
convincing African men to wash after sex. There is no end to the feds
throwing money in the toilet. My favorite is when the army said they “lost”
a pallet of $100 bills. In other words they “lost” literally a ton of cash.
Literally.

The feds are power hungry money grubbing bastards and they need to be curbed
or else they will take all of the power and money for themselves and their
corporate backers.

The GOP does not want lower taxes and smaller government, they are being
dragged kicking and screaming by the voters.

I agree with most of what you say. I don’t like the health care law as it is, I don’t think anyone but insurance companies do. Though it is a stagger in the right direction there are many things that need to be fixed. Now I hear the “needs” for bailing out Goldman were to save the economy. I am no economist, and believe in allowing big things to fall might do us some good. Although I guess I can see where they are coming from as the economy would look worse now, but admittedly it looks like a shady deal.

The TEA party is no longer what the original movement was. I personally would have liked to see Ron Paul win the Republican nomination. I would have probably voted for him. Though I knew that he would not get the nomination for his views on the validity of our Constitution, or on his views that States ought to have rights. We made it very clear in 1865 that States do not have rights. I don’t think the lap dogs of the media empire NewsCorp actually hijacked the TEA party movement. I do believe that they were installed, after a mass of people mistook the idea of smaller government to lower taxes, as meaning no taxes at all. I realize making generalizations does a disservice to the sane, but few, in the TEA party movement. However I think that the idiot majority in the TEA party does it’s more sane member’s more of a disservice.

Large governments do cost more. Small governments cost less. However one can not have both. We tried, and failed. I like the idea of States rights, but in the system we have today(and the one that was originally founded) we can not sustain those principals. If we reorganized the way government works, we might have a shot. But this will not come to pass as those who really run this country will not allow it.

Institutionalized governments inhibit freedom. The power structure is set and can not be altered. What we need, and could really use is a new form of government.

I think you need to do a little research on the coverage requirements and the “penalties”. I think you will find that nearly all of the national insurance providers will have their group plans mirror the exchange plans therefore your individual plan will have mat leave and mental health W/O changing the cost significantly.

Response to The Wizard 1566
So my Libertarian friends, what are the “costs” of not regulating multinational business? How many Gulf spills and Enron scandals are acceptable? How many people should die from food borne illness? How many people should die in Hospitals from doctor negligence or a hospital’s lax hygiene procedures? How many workers should die in mine “accidents”? How many children should develop cancer from exposure to toxic chemicals contained in their toys? How many people should have their drinking water contaminated by natural gas drilling?

What your hero Dr. Paul fails to account for is that a large and complex society NEEDS and equally large and complex regulatory referee to protect the population. A society can share the costs of regulation and to provide a safe environment and fair business climate or it can let the chips fall where they may and have the costx borne disproportionately by the lower and middle classes.

The notion that the threat of legal action will keep business on the straight and narrow is laughable.
CORPROATE Trail Lawyers win most of their suits NOT because they have the law or morality on their side but because they have the deepest pockets paying the bills.

It would be nice if we could make Govt. more efficient but it is folly to assume that we could have a civil democratic society with the CORPORATIONS calling ALL of the shots which is what the Libertarian model aspires to.

HousingWire to Acquire REO Insider, Enhance Mortgage Media Leadership…

We loved your article, so we included it over at RMG, since we found our readers might find your site of interest….

Wow we really agree a lot!

Certainly the insane tea party people make me sad for America.

We don’t need a new government system, we need the one that was setup to
work as advertised, with State’s rights and limited federal government.

good talking to yah

[...] gospel of free markets with a twist of Ayn Rand ideology would surely be bad for Americans. The GOP plan would raise the deficit $4 trillion. But, the Democrats are not a guaranteed panacea for fixing unemployment and making the economy work [...]

When danger approaches sing to it.

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The solution is to gradually become free of societal rewards and learn how to substitute for them rewards that are under one’s own powers. This is not to say that we should abandon every goal endorsed by society; rather, it means that, in addition to or instead of the goals others use to bribe us with, we develop a set of our own.

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You know that children are growing up when they start asking questions that have answers.