Maybe it’s me, but it feels like the years 2002 – 2005 all over again. Just like those years, it feels like I should be angry (again) at the Republicans, and the American people who were duped into putting them in power, and the voters were duped. There were no weapons of mass destruction back then, and now the blame for the recession and high debt is being laid at the democrats feet, even though the Republicans put us in that debt, and made the recession inevitable with the fiscal irresponsibility those of us on the left know they regularly practice.
From the relaxation of the net capital rule, to Chuck Hagel and his cronies letting legislation that would have reformed Fannie and Freddie die in committee, they made oodles of mistakes, and yet somehow it all gets laid on the backs of the Democrats who have, for the last 2 years, dug us out of the recession that Paulson, Bush, Hastert, Lott, Frist and Chris Cox got us into.
Go fig. Yes the Dems have spent a ton of money. So what? It needed to be done. Without that spending the recession would have been significantly worse than it was, and the aftereffects we are feeling now would be much greater than what we are feeling now. What is a 9.7% unemployment rate could have easily have been 15% without the money spent on stimulus, and on GM and Chrysler.
The right wing of the American political landscape should not speak of fiscal responsibility until they can show they know what it means, and they have yet to do that once over the past 40 years.
Much as America dislikes it, the truth of the matter is that without the spending President Obama and the Democrats did, we as a nation, would really be in the shitter. And that is saying something, because things are far from great. But how much of that is actually because of the weak hearts and shallow minds of those who won’t listen to what the left has to say, simply because it is the left, because they have been told that the left is “socialist” and are somehow evil?
Please.
The right wing media machine is powerful enough a mechanism to shut out all reality and truth, and pass onto it’s constituents what it wants, without fear of it being sullied by reality. Former house speaker Pelosi and Harry Reid could have found a cure for cancer and the right would never have known, so little they tell of the actual actions of these two, and so skewed was the coverage they received. And they are but one example.
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Viddy of the day: A viddy showcasing the book decision points, by Former President George W. Bush. It actually sounds like a decent read. I dunno if I’ll be buying it, but I might get a sample chapter or two from kindle if I can, just to see what he’s got to say.
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Words ought to be a little wild for they are the assault of thoughts on the unthinking.
John Maynard Keynes
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And George Bush is back. The book tour makes it almost surreal. Waterboarding is legal, the man says. Americans have been prosecuted by military commissions for this act, and yet he says it is legal. Says he agonized over WMD, and yet he joked about it. That would be like General Eisenhower joking about D-day. inconceivable is one word that comes to mind. And one cannot forget Katrina, and the thousands of people he left for dead there.
Say what you will about President Obama, he never let the BP created crisis get away from him, no matter what you think, he had the backs of the people in the Area affected, as much as it was possible. And he didn’t just fly over the area.
American freedom, from my vantage point, has an enemy within the gates, and that enemy is the American right wing. Americans will figure it out, eventually. They are good hard working honest people, they just get blinded by right wing propaganda sometimes. That can be overcome with a healthy dose of truth.
Like this. People will tell you the President is spending money and raising the debt like never before. In the two years before President Obama took control of the White House, the American debt went up 2 trillion dollars.
But you never hear that, do you?
This portion of the debt had a great deal to do with the Bush tax cuts undermining the tax base of the nation. You never hear that either. Why? Because the right won’t tell you they created much of the debt we are now saddled with, and will only speak of that which has happened under this President watch, as if somehow that debt is somehow worse than the debt built up before President Obama came to power.
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Words realize nothing, vivify nothing to you, unless you have suffered in your own person the thing which the words try to describe.
Mark Twain, A Connecticut Yankee in King Arthur’s Court
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That’s it for tonight, America. I’ll be talking to you more tomorrow, if I have the time. Tomorrow’s gonna be a busy day for Das Rhino. G’night.








less money percentage wise, and is therefore self defeating, just like the laffer curve lesson shows. But the question is exactly where that line of diminishing return resides and that is an area of debate that is, from what i gather, a hot topic of debate amongst economists. I’ve heard numbers as small as 15 percent(very nice, but services are cut to nothing and millions of jobs are lost), and as large as 65+%(ARE YOU INSANE!!??!! TOO MUCH, WAY TOO MUCH!!!!AAAAAAAA!!!!). But this study does fairly well prove that too low a taxation rate hinders the nations ability to pay for itself. The author of the study did in fact defend the Bush tax cuts when he was #1 economic adviser for John McCain’s failed presidential bid.
Today’s Nuggets, by Adam Smith, Via wikiquote: When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid. The liberation of the public revenue, if it has ever been brought about at all, has always been brought about by a bankruptcy; sometimes by an avowed one, but always by a real one, though frequently by a pretended payment. The raising of the denomination of the coin has been the most usual expedient by which a real public bankruptcy has been disguised under the appearance of a pretended payment.