Just listen to the man.
Make sense?
And look he explained it without having to write anything on his hand. Which by the way did not keep our ex-half term governor from being completely wrong on the subject.
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To: Chris Matthews
ReplyDeleteFrom: Sarah "in it to win it" Palin
Thank you so much, Chris, for lobbing me all those softballs.
You and I know, Chris, that eliminating tax cuts for the wealthy is about individuals, not small businesses, but who cares. You so kindly let me make up stuff and not ask for clarifutation.
I am so thankful that you don't have the cajones to ask me meaningful followup questions, there.
Just like, common sense says that we need to cut our budget, but the costliest war in history? ... glad you didn't make me go there.
Again, real admirable lack of cajones, and I think you saved everybody a big headache by passing that by, there.
your friend, Sarah
FYI, we've all been writing "cajones" but I think it should be "cojones."
ReplyDeleteCajones in Spanish are drawers, like the drawers of a dresser (the piece of furnitures).
Just my dos pesos.
Love it, Merry!
ReplyDeleteFast way #1. Let tax cuts for Rich (who don't need them) expire.
ReplyDeleteFast way #2. Reduce military spending. Significantly. We are not the world's policeman and we need to stop acting like we are. And we can't afford the luxury of pretending that we are any more. Home comes first.
The reason the Republicans are against #1 is because they ARE #1. Look at Palin. She used being in politics to become a millionaire. Of course the Republicans want to protect their money and pay as little as possible for anything, including the taxes that protect them and this country. And as politicians, they have the power to do just that.
Isn't that.....conflict of interest?
I'm so sick of this 'tax cuts increase revenue' meme. "The job creators need more money to create jobs..." what a load of BS. Our economy suffers from a lack of demand. Why would I build a new widget factory when I can't sell the widgets I have? Tax cuts for billionaires won't create demand.
ReplyDeleteWhy don't I ever hear real arguments from real economists on these 24/7 cable outlets? What a joke these channels are. Freak shows, every one, and queen Ester is queen of the freaks.
Just had someone visit who is back from Afghanistan...I asked him his opinion on whether or not there is a chance of success, in propping up a government there, of its own people.
ReplyDelete"Not in a million years!" he said.
Great: I guess that's how long we'll be spending a trillion dollars annually, buying $4,000 military toilets and so forth, from Halliburton.
Thanks for the link about what Sarah got wrong in the fact department. She also alleged several things would expire e.g. the child care credit. Resources report not everything under the Bush Taxcuts are intended to end.
ReplyDeletePalin mentioned several times the White House is doing "the spinning". We are to only believe her as to what others are doing and intending. Thanks but no thanks, I'll hold them to their word and if their actions demonstrate they honored their word.
A comment left at the link was:
"Palin is the mayor of Crazytown."
She was cleear that she would continue the war indefinately to "win". What would be a "win"?
It won't make any difference what they do if they continue to put revenues into the general coffer. They'll just spend it. They need create a designated revenue stream that only goes to pay the deficit.
ReplyDeleteI'm favoring a one cent national sales tax. Just pay it down.
Merry @6:48,
ReplyDeleteI think that you meant Chris Wallace and not Chris Matthews.
Hi and thanks to my editors, who corrected my spelling which should have been "cojones" and reminded me that I was, indeed, talking about Chris Wallace. So sorry, and thanks again. Apologies to Chris Matthews.
ReplyDeleteDavid Stockman - Ronald Reagan's Director of Office of Management and Budget - has a great opinion piece in The New York Times in which he lays the debt and deficit problems squarely upon 40 years of Republican policy http://www.nytimes.com/2010/08/01/opinion/01stockman.html?ref=general&src=me&pagewanted=all
ReplyDeleteA brief sample:
"It is not surprising, then, that during the last bubble (from 2002 to 2006) the top 1 percent of Americans — paid mainly from the Wall Street casino — received two-thirds of the gain in national income, while the bottom 90 percent — mainly dependent on Main Street’s shrinking economy — got only 12 percent. This growing wealth gap is not the market’s fault. It’s the decaying fruit of bad economic policy. "
"Under these circumstances, it’s a pity that the modern Republican Party offers the American people an irrelevant platform of recycled Keynesianism when the old approach — balanced budgets, sound money and financial discipline — is needed more than ever."
Has any economist factored in the enormous tax hit that unemployed people are going to get slammed with because they have had to cash out 401s, excess personal time off, health savings, and any other employer benefits that are automatically cashed out at the end of empolyment.
ReplyDeleteNot to mention what they will owe if they cashout investments made on their own.
Before we start talking about rolling back a Bush tax "cut" for the lower middle class (which I sure didn't notice in my IRS return during his time in office.)lets keep in mind what it is going to do to unemployed, underempolyed, and recently reempolyed when the IRS takes a big next chunk out of our back sides next April and there is nothing left to pay it with.
Eunice at 9:14, you are exactly right: our problem is a lack of demand. My mother recently mentioned this too, saying she heard either Buffet or Greenspan making the same argument. For over a decade, the American public financed everything on credit cards: food, clothes, vacations, electronics, home remodeling, spas, nail care, cars, toys, toys, toys, etc. We were all living way large. THEN, credit froze, layoffs happened and yadda, yadda, yadda (yeah, we all got screwed too) WE AREN'T BUYING ANYTHING ANYMORE.
ReplyDeleteWe need to get money into the hands of those who'll spend it: unemployment and stimulus funds.
Merry, i'm the one who wrote the cajones/cojones comment, but i was mainly thinking about the last thread, not you specifically.
ReplyDeleteby the way, don't worry about chris mathews. he prolly deserves it.