Bipartisan Lovers when Agenda Dictates
For the really big issues, like government citizens surveillance and wars, don’t buy in on the partisan bickering between the Democrats and Republicans, for the most part it is all just theater. When it comes to critical policy matters the parties are not as far apart as it appears and often rumble in the sack together.
Social Security & Medicare – ‘Earned’ Entitlements
What association do you make with the word ‘entitlement’? Is it negative or positive? Conservative opinion shapers can exploit the negative connotation many people make with ‘entitlement’ and frame Social Security and Medicare in a negative misleading manner while at the same time accurately describe them as entitlements. Seldom mentioned, however, is that Social Security and Medicare are ‘earned’ entitlements based on legislative arrangements and requirements with taxpayers. The premise behind the conservative’s agenda for these programs is the belief that people are better equipped to plan their own future and don’t need the government’s assistance. Whether that is true is a matter of opinion. The historical record doesn’t bear this out. It’s part of their ‘selective’ less government motif and perhaps part of a corporate serving agenda as well.
U.S Debt – how much is too much?
As policy makers bicker over the budget and increasing the debt ceiling let’s take a look at our nation’s financial condition. In recent years I have begun questioning how much debt is simply too much even for the U.S government… Are you familiar with the term normalcy bias? It is a mental state we often “enter when facing a disaster.” It “causes people to underestimate both the possibility of a disaster occurring and its possible effects,” causing most of us to be inadequately prepared. I suspect to a degree normalcy bias with the economy is at play in clenching this ‘faith based notion’ in the U.S. credit system all together.
What if you only bought American made products?
If you carefully inspect your home plus the stores you shop at you’ll find them loaded with American brand name imports from clothing to Christmas and Easter decorations to electronic components and nearly everything in between right down to G.E light bulbs. This includes many of America’s most darling Wall Street companies from Apple to HP and even Ford and Chevy. ABC News with Diane Sawyer recently reported on this in a series Made in America and their revelations have taken some folks by surprise. Perhaps some of us have been buying our goods with eyes wide shut...
Endless Wars and Debts and Taxes to Pay for Them
As Congress members return this week from recess the battle over the budget will soon begin. Obama wants to raise taxes on the wealthy by repealing the Bush era tax cuts and close some tax loopholes. The GOP refuses to consider any tax revenue increases at all. But given our dire budget situation shouldn’t everyone and every corporation be paying their fair share for the good of the nation? Following the same rationale of ‘support our troops’, what is our patriotic duties with respect to our nation’s financial well-being?
Comparing the Obama – Ryan Budget Proposals
When lawmakers talk of reducing the deficit they are not talking about the nation’s debt. Neither plan balances the budget…Obama proposes a combination approach in budget cuts, tax increases, and closing tax loopholes and talks of sharing the sacrifice among society. Ryan proposes making the Bush era tax cuts, extended by Obama, permanent plus reducing Fed revenue even more by cutting the top tax rate for individuals and corporations and focuses strictly on budget cuts to achieve his projections. The cuts he proposes shift the burden to seniors and other sectors of society impacted by the cuts…In relation to the debt neither plan puts the U.S on a more sustainable path...
April 25, 2011
U.S Budget Woes – Getting a grip on a hungry Beast
As the airways heat up over the budget debates with calls of cutting trillions and billions getting a mental grasps of the enormity of the problem can be challenging. Comprehending billions is difficult enough let alone trillions. I find it helpful putting this into context by thinking of it this way; it takes 1000 billion to make up a trillion. The annual spending budget deficit, which adds to the nation’s accumulating debt, is estimated to be $1.5 trillion for this year. That’s $1500 billion. The nation’s debt is currently $14.2 trillion. That’s $14,200 billion. This is before discussing interest on that debt.
April 18, 2011
Market Watch article: “Tax Super rich now or face Revolution”
By Mitch Gurney April 1, 2011 It’s extremely rare for the corporate media to publish an article as candid as this one, Tax the Super Rich Now or face a Revolution a commentary by Paul B. Farrell and published by Market Watch, a division of the Wall Street Journal Digital Network owned by News Corp ... Read More »
Is America’s Middle Class Doomed?
Did you know that some corporate strategists think hollowing out America’s middle class is not a big deal?
America’s middle class is in trouble, although some folks are just now figuring this out it could be a bit too late - about 30 years late as the deed is done. We’re now in the consequence phase. You might say we’re in that stage where those of us who got shafted are beginning to realize that while at the party we slept through all the fun.
March 28, 2011
The Republicans got their way in Wisconsin
By Mitch Gurney March 10, 2011 We awoke today to hear news that the Republicans got their way in Wisconsin by passing their collective bargaining bill…and with that the drum beat against unions grows. Some are expressing joy at this latest news as for example Mish does in Tremendous News in Wisconsin, Senate passes Collective ... Read More »
March 10, 2011
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