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May302011
A Decade of Magical Tax-Cut Thinking
GOP leaders argue that the budget deficit is the great moral issue of our day and requires great austerity.
Yet just before Memorial Day, GOP lawmakers unveiled their bold new economic program. You guessed right: more tax cuts for millionaires, billionaires, and global corporations.
The Republicans’ plan calls for reducing the top income tax rate on millionaires and big corporations from 35 percent to 25 percent — and slashing taxes on income from wealth by cutting the taxes on capital gains and dividends. The plan would accelerate the use offshore tax havens for corporations to move profits overseas to avoid U.S. taxes.
Combined with proposed cuts in Medicare, college aid, environmental protection, elder services, and children’s health care, you get a pretty stark picture of the kind of America GOP leaders would like the bottom 98 percent of us to live in.
(Source: azspot)
May292011
What else would you expect Mc Cain to say about Palin on the record?
“Of course she can. She can. Now, whether she will or not, whether she’ll even run or not, I don’t know,” McCain said when asked about Palin’s presidential prospects.
McCain said Palin inspires “great passion, particularly among the Republican faithful,” but added that there’s a connection between her high unfavorability rating and the heavy media criticism of her.
“I’ve never seen anyone as mercilessly attacked and relentlessly attacked as I have seen Sarah Palin in the last couple of years,” McCain said.
I don’t how a guy who came up with some half-descent proposals for legislation about a decade ago can tollerate the stupidity that he has to wade through in Arizona let alone regurgitate it just to stay in office.
May272011
"Giuliani has the top spot in a 12-candidate field, but he doesn't generate a lot of enthusiasm."
Rudy Giuliani Leads New National Poll Of Possible 2012 GOP Nominees
4PM
“Academic books pack about 600 words to a page. Normal books clock in around 400. Large-print books — you know, the ones for kids or the visually impaired — fit about 250. The House GOP’s jobs plan, however, gets about 200 words to a page. The typeface is fit for giants, and the document’s 10 pages are mostly taken up by pictures. It looks like the staffer in charge forgot the assignment was due on Thursday rather than Friday, and so cranked the font up to 24 and began dumping clip art to pad out the plan.”
Ezra Klein reflecting on the GOP “jobs plan.” (via lemkin)
EK needs to marry me. I read the jobs plan earlier and laughed out loud at the first page.
(via chrisfromarose)
So, it’s about 10 pages longer than their ‘09 Health Care Plan?
(via squee-gee)
(via robot-heart-politics)
3PM
To Stop Climate Change, GOP Member Suggests Clearing World's Rainforests
California’s 46th district is so embarrassed right now.
LOL FOREVER
They know a LOT about science. LOL
2PM
Gov. Rick Scott signs budget, vetoes $615 million in spending
THE VILLAGES — At a campaign-style event that banned some Democrats, Republican Gov. Rick Scott fashioned himself into Florida’s new veto king Thursday when he axed $615 million from the state budget before signing it.
The biggest target of the veto pen: $305 million targeted for environmental land buys. Scott also cut $169 million in college projects and vetoed millions in hometown spending lawmakers earmarked for their districts.
Scott blamed “special interests” for the “shortsighted, frivolous, wasteful spending” — thereby irking some of his fellow Republicans who control the Legislature. Some accused him of hypocrisy, others of inflating his veto amount with financial gimmickry.
Below a banner that read “Promises Made, Promises Kept,” Scott brandished his red Sharpie veto pen and called on legislators to use some of the freed-up money to bolster education.
In his speech Thursday, Scott omitted many of the serious-sounding programs he cut: homeless veterans, meals for poor seniors, a council for deafness, a children’s hospital, cancer research, public radio, whooping-cough vaccines for poor mothers or aid for the paralyzed.
(Source: sp-a-m, via corruptpolitics-deactivated2011)
2PM
Steve Benen- GOP declares intellectual bankruptcy
The good news is, House Republicans unveiled a plan yesterday that’s intended to create jobs. The bad news is, the plan can charitably be described as a bad joke.
As we discussed yesterday, the jobs agenda, such as it is, is practically a conservative cliche: the GOP wants massive tax cuts for the wealthy, deregulation, more coastal oil drilling, and huge cuts to public investment. Republicans are confident this will work wonders, just as they were equally confident about the identical agenda in the last decade, and the decade before that, and the decade before that.
Indeed, the most glaring problem with the GOP jobs agenda is that it won’t work, but nearly as painful is the realization that it’s already been tried, over and over again, to no avail. They either haven’t heard the famous axiom about trying failure repeatedly and expecting a different result, or they don’t care.
The agenda is the agenda: tax cuts for the wealthy, deregulation, cut public investments. Good times and bad, deficit or surplus, war or peace, it just doesn’t matter.
There is no circumstance in which the GOP will advocate higher taxes or more regulation, even in the face of overwhelming evidence that it’s a necessity. Take Big Oil- Deepwater Horizon proved the need for more regulation and Exxon paying no income taxes in 2009 proved that our tax system was broken. The GOP’s response? More deregulation and lowering taxes- refusing to remove the nonsensically generous tax breaks from oil companies and expanding the area we allow drilling. They are devoted to ideology above pragmatism, and that’s why their candidates are all so pathetic- the moment they set their feet on the ground and start addressing reality, they’re ostracized and ridiculed (see: Newt Gingrich on the Ryan budget).
12PM
Kiss Pawlenty goodbye.
“First of all, I applaud Congressman Ryan for his courage and his leadership in putting his plan forward. At least he has a plan. President Obama doesn’t have a plan. The Democrats don’t have a plan. And I really applaud his leadership and his courage in putting a plan on the table. Number two, we will have our own plan; it will have many similarities to Congressman Ryan’s plan, but it will have some differences, one of which will be we’ll address Social Security. He chose not to; we are addressing Social Security. And the Medicare part of our plan will have some differences, too. It will have some similarities also. So we’ll have our own plan. But if I can’t have my own plan — as president, I’ll have my own plan – if I can’t have that, and the bill came to my desk and I had to choose between signing or not Congressman Ryan’s plan, of course I would sign it.”
These Republican Presidential campaigns just keep getting shorter and shorter.
This. Was an actual speech. I don’t even…
It sounds like he’s gonna have a plan.
12PM
Texas Governor Perry weighs presidential run
The field of Republican presidential candidates might get a bit more interesting:
“I’m going to think about it,” Perry told reporters after he signed a bill requiring Texans to show photo identification to vote.
That’s a change from Perry’s earlier insistence that he would not try for the nomination to face Democratic President Barack Obama in the November 2012 election.
Rick Perry could make things interesting in 2012. He’s not exactly the kind of guy you can easily sell to both sides, but he’ll be easier to sell than a Bachmann/Palin ticket.
(via shortformblog)
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