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Michael Moore in Madison yesterday. “I have nothing more than a high school education.” That’s evident. And no doubt lacking in history classes. “Let’s start a National Revolution against the rich.” Will your head be first on the block? Please? h/t Gateway Pundit The Full Speech, if so inclined Broadcasting platform : YouTube Source : Infidel Bloggers Alliance Discovery Date : 06/03/2011 06:39 Number of articles : 5
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WORKERS OF THE WORLD UNITE! Communist Michael Moore led the Wisconsin protesters yesterday at the state capitol building. The anti-American communist urged the far left to start a national revolt against the evil rich! Moore spoke out in support of … Continue reading → Broadcasting platform : YouTube Source : Gateway Pundit Discovery Date : 06/03/2011 18:47 Number of articles : 2
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Republicans in the Senate shot down two Democratic plans to extend Bush-era tax cuts to the middle-class, because the proposals did not also extend them for the wealthiest two percent of Americans. After two hours of debate, cloture vote failed to gain the 60 votes necessary to bypass a filibuster. For a proposal to extend all expiring tax cuts on individuals with incomes of less than $200,000 a year and married couples making less than $250,000, the vote was 53-36. On a plan to renew tax cuts for all filers with incomes of less than $1 million, the vote was 53-37. Both plans would let tax rates for high-income Americans return to tax rate levels that were in place during the Clinton administration. Republicans, pushing for making tax cuts for the rich permanent, had vowed to defeat both bills. President Barack Obama, having returned to Washington from a surprise trip to Afghanistan, said he was “very disappointed” by the Senate's failure to agree to legislation passed in the House that would make middle-class tax cuts permanent. The Senate debate was a showdown over whether the wealthy should be excluded from an extension of the Bush-era tax cuts. “These votes today are not going to settle anything,” says CBS News Capitol Hill correspondent Bob Fuss, “but Democrats want to make a political point: Republicans are so determined to preserve tax cuts for the wealthy, they'll block them for everyone else.” Democrats already eyeing the 2012 elections are using the debate to depict Republicans as guardians of the rich who are willing to jeopardize middle class families in order to further fatten the accounts of the wealthiest Americans. Sen. Bernie Sanders, I-Vt., called out Republicans for pushing tax breaks for the wealthy after “time and time again coming down to the floor of the Senate and saying, 'We have a huge deficit! We have a huge national debt!' “And today what they want to do is drive that national debt up by $700 billion over the next ten years. “Isn’t it enough for you that the top one percent earns more income than the bottom 50%?” Sanders said. “Isn’t it enough for you that in the last 25 years almost all new income has gone to the top one percent? Do you really think that the CEOs of Wall Street who will make hundreds of millions of dollars a year really need a tax break?” “Let’s not give tax breaks to millionaires who in many ways have never had it so good,” he said. Sen. John Kyl, R-Ariz., responded by saying Sanders' comments were indicative of why bipartisan compromise was not possible in Washington. “It’s not Republicans' fault that these things take time and we still haven't resolved the tax issue,” Kyl added. added by: TimALoftis
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For general discussion and debate. Possible talking point: Stephen Colbert disgraces the Halls of Congress! Was this a sad moment in American history, or a good way to publicize the immigration issue? How does this make Democrats look moving into the midterm elections? Any other thoughts?
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Open Thread: Colbert Disgraces Congress
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On the September 15 The View on ABC, co-host Joy Behar insisted that co-host Elisabeth Hasselbeck was wrong to assert that taxes are set to increase in January as the two sparred over the issue. Behar: “It’s not an increase, Elisabeth. It is not an increase.” She soon added, “They are not, stop saying it’s an increase because it’s not.” After Hasselbeck shot back, “Okay, we’ll talk in January,” Behar continued, “The Democrats want to eliminate the tax cuts for the rich. That’s all. Stop doing that.” Behar also exaggerated the anti-big government views of the Tea Party movement, claiming that members “don’t believe in any government at all, zero,” and mocked activists for supposedly not realizing that Medicare and Social Security are run by the federal government. Behar: “They just don’t believe in any government at all, zero. At the same time, it’s fascinating about them, at the same time that they don’t believe in any government, a lot of them are like, ‘Don’t touch my Medicare.’ Well, what do you think that is? That’s the schism within the Tea Party. Don’t touch my Social Security. Get the government out of my house, you know, come on.” Below is a transcript of the relevant portion of the Wednesday, September 15, The View on ABC: ELISABETH HASSELBECK: The Tea Party is more like a generator behind certain candidates. So they’ll get behind certain candidates and raise money for them, whereas they maybe wouldn’t get it someplace else. They’re more like a renegade group that’s kind of pushing candidates forward. They have power, obviously. We just saw this happen. I mean, but to say that she won’t win, don’t discount. We saw what happened with Scott Brown in Massachusetts. SHERRI SHEPHERD: Are they like a rebel branch from the Republican, the Tea Parties? BEHAR: Kind of. HASSELBECK: They don’t take on social issues, which is interesting. They’re purely fiscal. BEHAR: They just don’t believe in any government at all, zero. At the same time, it’s fascinating about them, at the same time that they don’t believe in any government, a lot of them are like, “Don’t touch my Medicare.” Well, what do you think that is? That’s the schism within the Tea Party. Don’t touch my Social Security. Get the government out of my house, you know, come on. HASSELBECK: It’s a different issue because what’s going to happen now with the tax increase is it is actually going to affect senior citizens more than anybody else right now. BEHAR: It’s not an increase, Elisabeth. It is not an increase. HASSELBECK: Let me tell you something, it is going to be an increase, and they are changing the terms- BEHAR: They are not, stop saying it’s an increase because it’s not. HASSELBECK: Okay, we’ll talk in January. BEHAR: The Democrats want to eliminate the tax cuts for the rich. That’s all. Stop doing that. HASSELBECK: They’re changing the lingo, so guess what? All seniors citizens are going to end up paying the price on this tax, and it’s a crime in this country. BEHAR: If you don’t make over $250,000, you’re not going to have tax raising. HASSELBECK: It’s actually going to come from the stocks they hold in dividends, so when you look at it, you’re going to see what’s going to happen. They’re changing all terminology. BEHAR: It’s a very small percentage of people. HASSELBECK: It’s not, because they own the most in dividends of anyone else in this country.
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Behar Claims Tea Partiers ‘Don’t Believe in Any Govt At All, Zero,’ Taxes Not Increasing in January
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Wall Street! The place where money never sleeps. Where greed is still good. Where the rich get rich and the poor get poorer. Where a penny saved is a penny earned. Where the men are men and the women are women. Where the wild things are. Where the wind comes sweepin’ down the plain. If you can make it there, you’ll make it anywhere.
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REVIEW: Wall Street: Money Never Sleeps — But You Just Might
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A panel of scientists told Congress the entire ice mass of Greenland will disappear from the world map if temperatures rise by as little as 2C –3.6 degrees Fahrenheit, with severe consequences for the rest of the world.The fall-out would be felt thousands of miles away from the Arctic, unleashing a global sea level rise of 23 feet. Low-lying cities such as New Orleans would vanish. added by: The_Global_Report
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And what seems to be a full blown political season until the mid-terms, we are going to be told this is Obama and the Democrats fault this mess we are in. And of course the republican plan is for more of the same that got us in to trouble in the first place (Tax Cuts). The Republicans them self put a year into the the cuts to end and that year is coming in january. If the tax cuts for the rich worked so well, WHERE ARE THE JOBS that so called tax cuts for wealthy that are still place. added by: kennymotown
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Want to see a textbook example of how the left has tried to frame the debate against extending the Bush tax cuts? Take a look at Cenk Uygur, of “The Young Turks” fame, playing the class warfare/populism card. On MSNBC’s Aug. 17 broadcast of “The Dylan Ratigan Show,” Uygur was up in arms over the argument that taxes shouldn’t be raised by allowing the Bush tax cuts to expire. He alluded to Berkshire Hathaway CEO Warren Buffett, who made the case in 2007 that the wealthy should give more to society. “Look at what Warren Buffett said,” Uygur said. “He’s talking to 400 wealthy donors and he says, ‘Look, the 400 of us pay a lower part of our income in taxes than the receptionists do, than our cleaning ladies do. For that matter, if you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.'” And Buffett has been a long-time advocate of higher tax rates – something easy to be for when you’re one of the richest men in the world. However, Uygur says it’s not good enough for Buffett to be charitable. According to Uygur, this “giving” must come in the form of “mandatory” higher taxes. “I would disagree with Warren Buffett a little bit,” Uygur said. “I love that he’s encouraging them to do voluntary giving away of the money, as he did, as Bill Gates is doing. But I would make it mandatory. I’m not going to wait for [Blackstone CEO] Stephen Schwarzman to do the right thing. I’m going to say your tax rate at 15 percent is mental. I’m going to change that to a reasonable tax rate – like 35 percent or what Clinton had at point, near 40 percent.” Later in the segment – Uygur tried to say higher taxes were necessary because of the disparity in income growth, which he insinuated would bridge this gap income, even though there’s no evidence higher taxes will mean income growth for the bottom 80 percent of income earners. “Here’s what the results are – so the top 1 percent from 1979 to 2007, they had their incomes go up from $347,000 to $1.3 million. It worked for the rich. But did it work for the rest of us, Dylan?” And self-proclaimed advocate of economic justice went on to point out that since the rich got wealthier and the lower 80 percent haven’t, the idea of lower taxes is even more so flawed. “The top 1 percent nation’s income, doubled in that time period – doubled,” Uygur said. “How about us? Bottom 80 percent share of the nation’s income fell by 10 percent. It didn’t work for the rest of us.” However, what Uygur and his ilk always neglect to mention when they play this populist card by suggesting “the rich aren’t paying their fair share” and correlate income disparity to tax rates is that the wealthy pay more than their share if you look at federal revenues overall. According to Jeremy Weltmer, writing for Americans for Tax Reform , the tax system in the United States is already “steeply progressive.” “As of 2006, the tax burden of the top 1 percent of taxpayers exceeds the tax burden of the bottom 95 percent combined,” Weltmer wrote. “Moreover, according to the National Taxpayers Union, households in the top 5% by income have been paying about 60% of the federal income tax bill for years.”
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Cenk Uygur’s Pitchfork Populism: Raising Taxes Will Solve Income Disparity
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Last night was part two of our Housewives journey to the old country. No, not the Old Country Buffet. To Italy — Italia , as foreigners call it — where we met the Jewdice family and learned lessons about travel budgeting. More
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