Negotiations over raising the United States's debt ceiling have reached a virtual standstill, as the Republicans remain intransigent over raising revenue. In particular, they oppose closing tax loopholes for rich people such as hedge fund managers. One major Tea Party leader, Sen. Jim DeMint of South Carolina, has expressed a willingness to cause major disruptions to the American economy rather than reach a compromise.
My Gut Reaction: Jim DeMint is not a real American. The Tea Party's stance as a patriotic force is a charade.
Analysis: It is time for Democrats to take a stand. Ideological fanatics like Senator DeMint and his followers are not loyal government officials. If they keep on their reckless course and America defaults on its debt, the consequences will include a massive drop in the United States credit rating, the inability to pay Social Security, and most disturbingly given the Republicans' stated concern for American soldiers, military payments.
What are the tax breaks that Republicans are trying to defend? Well, they include breaks for horse breeding and corporate jets, as well as the "carried interest loophole" for hedge fund managers. This carried interest loophole allows hedge fund managers to treat payments for their work as capital gains, resulting in their paying a far lower rate. If this loophole were ended, it could get the United States 4 billion a year, and cut the deficit by 44 billion dollars.
Even commentators who normally support the Republicans are crying foul on this. In a recent New York Times column, David Brooks argues that if the Republicans allow a default, they will show themselves unfit to govern, particularly in light of the Democrats' willingness to concede on government spending. Similarly, columnist George Will has said that it would be suicidal for Congressional Republicans to oppose raising the debt ceiling, even going so far as to question the proposition of the debt ceiling itself. (Video below)
Democrats must remain firm on the issue of tax loopholes. If the Republicans want to cut government spending, they must also be willing to give on tax loopholes.
Showing posts with label Republicans. Show all posts
Showing posts with label Republicans. Show all posts
Monday, July 11, 2011
Sunday, February 21, 2010
The Future of Republicanism
Andrew Sullivan has a post about a particularly comic young Republican named Ryan Sorba. Sorba's specialty is mixing psuedo-intellectual blather with threats of physical violence against those who disagree with him. He apparently made a big splash at CPAC. Read more here.
Labels:
Andrew Sullivan,
CPAC,
Republicans,
Ryan Sorba
Thursday, September 10, 2009
President Obama's Speech Last Night
The behavior of congressional and Senate Republicans during last night's prime time speech by President Obama was genuinely embarrassing. From the idiot from South Carolina to Republican senators leaving early to "avoid the rush," the Republicans fully humiliated themselves, acting like small children.
My Gut Reaction: President Obama should have laid down the law.
Analysis: President Obama should not have taken that crap lying down. Upon Rep. Wilson's outburst, President Obama should have told the Republicans point blank to "Shut up!" or get out of the hall. He might also have considered personally mocking a few of them on national television. Spare the rod, spoil the ideologues.
My Gut Reaction: President Obama should have laid down the law.
Analysis: President Obama should not have taken that crap lying down. Upon Rep. Wilson's outburst, President Obama should have told the Republicans point blank to "Shut up!" or get out of the hall. He might also have considered personally mocking a few of them on national television. Spare the rod, spoil the ideologues.
Wednesday, September 03, 2008
Juno in Juneau?
Recently, the Internet has been buzzing with the rumor that Alaska Gov. Sarah Palin's recent infant is actually her daughter's. Observing the political scene over the past few days, another, rather more interesting conspiracy theory has occurred to me:
Palin's daughter isn't pregnant at all...
You may think this is preposterous. After all, why would Gov. Palin and the Republicans create such grief for themselves? However, the grief is exactly the point.
With the media focused on her daughter's pregnancy, all the real issues with Gov. Palin's political views and background-her extremist connections and allegations of corruption-are given short shrift. (Let's face it folks, even without having registered for the Alaskan Independence Party, it becomes clear she was neck-deep in these weirdoes.) Everyone will be talking about her daughter, while the legitimate issues fade away.
Don't believe me? Just don't be surprised when her daughter has a sudden, tragic miscarriage...
Palin's daughter isn't pregnant at all...
You may think this is preposterous. After all, why would Gov. Palin and the Republicans create such grief for themselves? However, the grief is exactly the point.
With the media focused on her daughter's pregnancy, all the real issues with Gov. Palin's political views and background-her extremist connections and allegations of corruption-are given short shrift. (Let's face it folks, even without having registered for the Alaskan Independence Party, it becomes clear she was neck-deep in these weirdoes.) Everyone will be talking about her daughter, while the legitimate issues fade away.
Don't believe me? Just don't be surprised when her daughter has a sudden, tragic miscarriage...
Sunday, August 31, 2008
A Palin Imitation of Hillary
Sen. John McCain has added Alaska Governor Sarah Palin to his ticket in an aboveboard attempt to lure Hillary supporters to his campaign. Indeed, some feminists, such as Geraldine Ferraro, seem rather enthusiastic for Gov. Palin. However, feminists who support Senator Clinton have reason to step back very slowly...
Far from being a step forward for feminism, Gov. Palin's nomination thrusts forward one of the most anti-feminist politicians in America. As NARAL Pro-Choice America documents, she opposes abortion even in cases where the mother has been subjected to rape and incest, and is a member of the group Feminists for Life. This group follows Gov. Palin's lead, publishing a brochure, Victory over Violence, condemning the decision to abort after rape. If you're a woman who's experienced a sexual assault, don't turn to Gov. Palin for comfort.
Perhaps the greatest sign of Sen. McCain's anti-feminist credentials is that he chose a wingnut like Palin. He must think women are truly stupid to fall for her just because of her gender.
Far from being a step forward for feminism, Gov. Palin's nomination thrusts forward one of the most anti-feminist politicians in America. As NARAL Pro-Choice America documents, she opposes abortion even in cases where the mother has been subjected to rape and incest, and is a member of the group Feminists for Life. This group follows Gov. Palin's lead, publishing a brochure, Victory over Violence, condemning the decision to abort after rape. If you're a woman who's experienced a sexual assault, don't turn to Gov. Palin for comfort.
Perhaps the greatest sign of Sen. McCain's anti-feminist credentials is that he chose a wingnut like Palin. He must think women are truly stupid to fall for her just because of her gender.
Tuesday, December 11, 2007
Why Huckabee Worries Me...
It's not just the whole not believing in evolution thing. It's his entire value system. Andrew Sullivan gives us one evangelical blooper from Huckabee here. Not gonna help with the women's vote, Mike.
Even more disturbing is a recent story regarding past remarks Huckabee has made about HIV / AIDS. That was just over the line. More information can be obtained from this Slate article.
Even more disturbing is a recent story regarding past remarks Huckabee has made about HIV / AIDS. That was just over the line. More information can be obtained from this Slate article.
Labels:
AIDS,
Evangelicals,
Mike Huckabee,
Republicans,
women
Wednesday, November 28, 2007
The Republican Parking Authority
Two days ago in the Philadelphia Inquirer, an article revealed that local Republicans have established a death grip over the Philadelphia Parking Authority, with local ward leaders calling the shots and pressuring employees, both directly and indirectly, for campaign donations. Read more about it at the Young Philly Politics blog.
This just goes to show that Philadelphia's Republicans have become mired in the same corrupt political establishment as the Democrats. At this point, we may need to bring a third party in, like the Libertarians or the Green Party, to clean things up.
The Philadelphia Inquirer is not completely dead,as this expose demonstrates. However, I must quarrel with one Young Philly Politics commenter who claims that this is proof that the Inqy hasn't turned into a right wing den of lies. Anyone who doubts that that is the case should take a look at the columns of Kevin Ferris, Jonathan Last, and Michael Smerconish.
This just goes to show that Philadelphia's Republicans have become mired in the same corrupt political establishment as the Democrats. At this point, we may need to bring a third party in, like the Libertarians or the Green Party, to clean things up.
The Philadelphia Inquirer is not completely dead,as this expose demonstrates. However, I must quarrel with one Young Philly Politics commenter who claims that this is proof that the Inqy hasn't turned into a right wing den of lies. Anyone who doubts that that is the case should take a look at the columns of Kevin Ferris, Jonathan Last, and Michael Smerconish.
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