You will not want to miss this, straight from Reefercake studios, the Same Old Crap crew covers the debate, AllTheHypocrisy style! Plus a bonus clip of Obama waking up the next day and thinking, just as we did, he shoulda said it like that!
This week Jimmy Reefercake shows how the pros do it — the show must go on, cold and flu season be damned! Through all the pain and cold meds, this show brings some serious insight into the Chicago Teacher’s strike.
Another great episode, highlighted by an insightful “Ask the Boy a Question” segment and an excellent live rendition of “Ronnie’s Golden Showers” that actually made it rain outside our studio window.
While George Bush was busy trying to recall why he shat his pants during the 9/11 attacks, perhaps he should have been explaining how he turned Clinton’s surplus into a record deficit. This NY Times opinion piece contains a chart that gives a clear breakdown of the costs. Contrary to what some in Congress would have you believe, the big bad health care reform plan is not the problem. In fact, it is the smallest cost in the chart. The biggest? Yup, you guessed it, the Bush Tax Cuts…bigger than all of Obama’s costs and projected costs combined! Cutting health care, education and other domestic spending will not solve the problem…..”you can’t close the door, when the wall’s caved in” or sumpin’ like that. (BTW – Happy Birthday Jerry…)
This is a call for anyone still giving money to NPR, please stop. If you want to send money to support real journalism, try the Nation, MoJo, Harpers or one of the few remaining progressive radio shows like Jimmy's favorite Seder or Hartmann. Even if you listen to the 18 hours per day of classical music programming on NPR, the following story should be more than enough to provoke you to send those checks elsewhere get an IPOD.
Thursday morning before the House vote on extending the Bush tax cuts, NPR ran non-stop Republican propaganda. Marketplace ran this interview with Republican Representative Dave Camp without any opposing viewpoints, of course, but with lots of cheerleading. The points made in this interview are so unbelievably preposterous, I almost puked up my sausage-egg-and-cheese-on a sesame bagel while driving down Route 1. The points are summarized below:
1. The economy is in terrible shape and we need to change direction. Therefore it is an imperative that we do not change the tax policy that we have been using for the last 8 years. Because it has worked so well. Good point Dave.
2. The pre-Bush era tax rate above an income level of $250,000 is devastating for small businesses, because “half” of such income comes from small businesses. Of course, as you know from previous posts and this direct reporting done back in July no more than 3% of small businesses are impacted by the rate above $250,000.
This numbers game reminded me of a classic line in the Naked Gun about Nordberg's chances of surviving after getting shot like 40 times. Its about 1/3 of the way into this clip, which I just had to post in honor of the passing of Leslie Nielsen this week.
So “small business” is half of the reported income above $250k, but that's only pertains to 3% of small businesses. Just like Nordberg has a 50/50 chance of surviving, but there's only a 10% chance of that. Makes you think of the old saying: lies, damned lies, and statistics.
Of course, I do not expect anyone on NPR to ask questions about the source of stats quoted or how they were arrived at. (They used to, like 10 years ago, which is the last time I sent them a check, though I still get a letter from them monthly asking for cash.) But what happened next was what really stunned me. The very next segment at the top of the hour led off with a reference to 'Mitch McConnell's confidence that the senate will extend tax cuts for all Americans'. There was no rational discussion of the facts, just that statement, straight from the Republican's message machine. I felt like I was listening to Fox Radio.
Not taking to lame duck status very well, Grayson continues to put things into perspective like only he can. His take on the debate about continuing the failed “trickle down economics” experiment? He wants us to make suggestions to the richest 2% on how to spend their additional $83,000 next year if the Bush cuts are extended for them.
Summary of my reaction to the Democrat's actions over the last 18 months: OK. OK. Oh no. Shit. Goddammit. Now that they are lame ducks can they do one thing right and put an end to trickle down economics?
Folks, we all know how disappointing the last two years have been. Shameless theft of this title is from a brilliant but thoroughly depressing summary of our country's political reality. You should definitely Click to see a preview of this book But that only makes this site more important, as our founder has recently pointed out. So, let's follow along with what should be easy for the lame ducks to get right: bring back the personal income tax rate to the wealthiest among us to where it was under Clinton.
You know the chatter…NPR said ALL the Bush tax cuts will most certainly be extended at least for a year or two. Fox said the same, Newsweek said the same… I especially liked to hear our Maine Senators put away their 'Rino' tusks for a moment to conflate small business tax cuts (which everyone is in favor of) with maintaining the historically low tax rate for the wealthiest among us. So they will hold hostage making all the other cuts permanent for the wealthiest 2%?
Why?, we ask. Well, I'm not thinking this is a rich folk country club taking care of their own type of thing. And previous posts have brilliantly shown the history of the upper bracket rate, the amount of money at stake and the impact on balancing the budget. Oh wait, that's it! The old 'end around' to bankrupt the treasury so we'll have to roll back the New Deal because 'we can't afford it'. This is popular among our Teabagger friends. Has anyone heard where, exactly, they want the Federal Government to shrink? Defense? Hell no. This is the old 'two Santas' approach that Thom Hartmann likes to point out…you can have everything you want, and an amped up military to make you feel safe and secure, but you never have to pay for it!