One day, making tracks
Sunday, December 19, 2010
One day, making tracks
Saturday, December 11, 2010
Thursday, December 9, 2010
Part 2 in an ongoing effort to reclaim the narrative and put the GOP on the defensive.
President Obama and the Republicans in Congress just did some tough negotiating. When both sides were pushed to the wall, this is what they fought for the hardest:
Obama: extension of UI, tax cuts for poor and middle class, tax credits for job creation
Republicans: tax cuts for richest 2%, estate plan benefits for the richest 1/2 of 1% (not reducing the deficit, as they claim)
The public consistently does not want tax cuts for the rich, but the GOP clearly does not care what the public wants. Its true constituency is fatcats and no one else, and it is willing to hold every man, woman, and child in America and the financial health of America itself hostage to get even more money for fatcats. Even though they already have most of America's wealth and income, a gift from the tax code.
This is what was happening a week ago:
Dateline December 2010, America Held Hostage, Day 4
A band of 42 terrorists is shutting down the legislative branch of the federal government until taxpayers agree to pay a 700 billion dollar ransom in large, unmarked tax cuts to the few million wealthiest people in the country.
At stake include benefits to the poorest few million people-- the unemployed, children, and the elderly—and the START treaty.
Some of the millionaire beneficiaries of this ransom have made a public appeal to the terrorists to give up this dangerous game. So far the terrorists have not budged except to go out to nice meals and home to their comfortable beds while the rest of the country waits."
What more do these terrorists want? The rest of us need government to tackle START, the debt ceiling, and try to undo the damage caused by years of sending money to the rich. What more will the terrorists want for the rich in return for allowing government to function?
Here's another thought: Where did the national debt come from? Where did it go? As the national debt grew, the wealth of the richest few grew. This is not a coincidence. The GOP likes to point out the direct disbursement of tax money to the poor and middle class in the form of UI and tax benefits, but look who has the money. Pennies thrown to the bottom is chicken feed next to the enormous wealth that has shifted to the top.
The only party really serious about reducing the national debt is Democratic. History has borne this out. The GOP has just shown, once again, that its number one allegiance is to the wealthy, and the rest of us are concessions they give to get what they want for the rich.