Ubik
Nothing happens until something moves!
- Joined
- Jul 8, 2010
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I'm pissed off that the name of my beloved drink is being tarnished by far right knobends.
What we really need is for there to be a group that is pragmatic and centrist that can be a counter to wingnuts.
But with our primary system, most of the people who vote are to the extremes on both sides. So with Democrats, you tend to get candidates that are more to the left from what would be "centrist." The same goes for the GOP. The Democrats are notoriously spineless and have let the GOP dictate message and narrative for 3 years. Collectively, they are closer to the center than the GOP, but they still aren't "centrist" in the American political spectrum individually.
If both parties weren't so enslaved to those farthest left/right in their party, they would be much better at elections and governance. John McCain with someone other than Sarah Palin and without having to pander to the base would have had a good shot at beating Obama. Instead, we have Democrats who are beholden to Unions while the GOP is beholden to corporations. It's all about satisfying their donors rather than the people.
We need them to get on message and grab some control of the "debate" to fight the constant stream of lies and misinformation from Fox News and the Tea Party. They have somehow failed to do so, so I won't get my hopes up. They control the White House and Senate but are driven by the House. It's silly.
The Blue Dogs were in conservative districts where Democrats didn't have much chance of winning as a "true" democrats. They almost all lost their seats last election because they weren't conservative enough. They were basically Republicans running under the Democrat name.
I realize that both parties love corporate money and are their personal legislators, but the conservatives are much more blatant about it. Their focus is on helping "job creators" while the Dems at least have the facade of working for the average people with entitlements and social programs. With the Citizens United ruling(conservative ruling), now corporate money can pour into elections. Since Dodd-Frank was passed, the GOP has done nothing but try to prevent any of the reasonable actions from being taken, like an evaluation of S&P, Mooody's, and Fitch over their roles in the recession. They're all indebted to different extents, but the GOP just baldly chases corporate interests.
Mega-rich could hand it to Obama
August 18, 2011
Opinion
One of the great deformities on our moral landscape is the yawning and growing disparity in wealth between the super-rich and the rest of us. So, you've got to love the richest of them, Warren Buffett, as he expresses his own revolt at this extreme.
On Monday, in an opinion piece for The New York Times that has caused international ripples over the past three days, one of the world's wealthiest investors excoriated the US political system that allows billionaires like him to avoid paying their fair share.
''While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks,'' he wrote.
''Some of us are investment managers who earn billions from our daily labours but are allowed to classify our income as 'carried interest', thereby getting a bargain 15 per cent tax rate.
''Others own stock index futures for 10 minutes and have 60 per cent of their gain taxed at 15 per cent, as if they'd been long-term investors. These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us.''
Buffett, 80, the chairman and chief executive of the Berkshire Hathaway investment conglomerate, revealed that his federal personal tax bill last year was $US6,938,744, representing a tax rate of just 17.4 per cent. His estimated net worth is more than $40 billion.
''Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack,'' he wrote. ''According to a theory I sometimes hear, I should have thrown a fit and refused to invest because of the elevated tax rates on capital gains and dividends.
''I didn't refuse, nor did others.
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 per cent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.''
This point is critical. It will help define the 2012 presidential debate. The Republicans are refusing to countenance tax increases to help attack the mountainous federal debt, now equal to the US gross national product.
Last weekend, the 2012 presidential campaign formally kicked off with a poll of Republican voters in Iowa. During a televised debate among the eight candidates, all were asked to raise their hands if they would refuse to raise taxes. All eight raised their hands.
Such is the doctrinaire nature of the Republican Party leadership in 2011. Every candidate offered more spending cuts, greater efficiencies and tax cuts to stimulate investment. All argued this would stimulate investment, which was the only way for the economy to return to strong growth. Government spending had become too big.
Buffett retorted: ''To those who argue that higher [tax] rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what's happened since then: lower tax rates and far lower job creation.''
He cited official data that showed the top 400 Americans had taxable income of $16.9 billion in 1992, and a tax rate of 29.2 per cent. In 2008, the top 400 earned $90.9 billion, and their tax rate had fallen to 21.5 per cent.
This is the blindspot of the Republican Party. It cost the nation dearly when the Republicans refused to allow tax increases in the recent bill that raised the government's debt ceiling.
The bipartisan failure to make more substantial inroads into the debt led the ratings agency Standard & Poor's to downgrade US debt, plunging the global stockmarket into last week's volatility.
This worries Buffett: ''Americans are rapidly losing faith in the ability of Congress to deal with our country's fiscal problems. Only action that is immediate, real and very substantial will prevent that doubt from morphing into hopelessness. That feeling can create its own reality.''
He proposed an immediate increase in the tax rates for households with an annual taxable income of more than $1 million and greater increases for households earning more than $10 million.
''My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice.''
Numerous Republicans responded that his proposal would barely dent the debt and that most of Buffett's income comes from dividends and capital gains taxed at 15 per cent.
Buffett knows something about wealth creation. He has built a company with a market capitalisation of $171 billion.
The Republicans' rigidity on taxing millionaires could help cost them the White House in 2012 despite facing a weakened president, who was busy quoting Buffett this week.
Read more: Mega-rich could hand it to Obama
Fair enough
The real genius of the GOP is to somehow convince working-class voters that their interests are aligned with those of the the super-rich. I'm not saying there are no economic arguments at all for low-tax growth and trickle-down, but the GOP talks as if the entire discussion has been resolved, permanently. They've somehow folded the idea of an aristocracy into the meritocratic mythology of the American Dream. It's actual genius.
Has there ever been a constituency more persuaded to vote against its own interests?
The real genius of the GOP is to somehow convince working-class voters that their interests are aligned with those of the the super-rich. I'm not saying there are no economic arguments at all for low-tax growth and trickle-down, but the GOP talks as if the entire discussion has been resolved, permanently. They've somehow folded the idea of an aristocracy into the meritocratic mythology of the American Dream. It's actual genius.
Has there ever been a constituency more persuaded to vote against its own interests?
It's amazing. It seems most pronounced in the poor South where I've seen the same people weened off the Democrats and won over to the GOP. From what I can tell it really kicked in with all that moral majority claptrap.
You're right. It is genius.
I don't really thing having two radically opposed factions in the political system is a positive thing. With the traditional two parties, there was always distance between the two but they could normally work together and get something practical done. Now, with the Tea Party, we have one group that won't do anything that Democrats want and are willing to push the economy and state of the country to the brink to get what they want. Adding another group that drives the Democrats further left would only increase the gap between the two and make Congress more dysfunctional.
What we really need is for there to be a group that is pragmatic and centrist that can be a counter to wingnuts. The GOP should realize that it will quickly lose any power it has by pandering to the Tea Party and letting it grow. They are riding the bull now and holding on for dear life, but the Speaker is enslaved to Eric Cantor and his friends. That's not how party leadership is supposed to work. The fear is that by pushing away the Tea Party, they will lose a large part of their support, money, and give the Democrats the help in the next election because the conservatives will split between the two. The GOP, for its own good, should take the hit in 2012 by aborting the Tea Party and funding primary candidates to run against the Tea Party. Without the support of the party, it would be difficult on all but the most high profile congressmen to stay in office.
Unfortunately, the Teajadists are in the driver seat now because no one stood in their way. The answer isn't to create a larger gap between the two parties. It's to drive the crazy bastards in the Tea Party out of government to prevent them from getting their Randian, theocratic paradise. They all love Atlas Shrugged and think they're the John Gaults and Hank Reardens, while they're more "moochers" because of all the sweet deals they get from the government and the insane influence they have over it. No one ever accused them of being intelligent.
It's amazing. It seems most pronounced in the poor South where I've seen the same people weened off the Democrats and won over to the GOP. From what I can tell it really kicked in with all that moral majority claptrap.
You're right. It is genius.
It began with the Southern Strategy and Nixon exploiting racism to change the voting patterns of the poor south from dixiecrats to repubs who trumpeted state's rights. Reagan really ran with it and added the christian nonsense that has mutated into what we see today.
The trouble is that the strategy can only be successful if the majority of the population in these states are white...current demographic changes mean that the repubs need to find new figures of hate...hence the rise in Islamophobia and all this shite about Shariah law taking over.
What they really need to find is something that scares Mexicans into voting for them...that's the holy grail. If there was a fatwa issued against tacos then it'd be a republican wet dream!
you hit it when you said, the demographics are changing. In 20 years or less even the Democrats will have a permanent majority. The GOP will not win the Presidency again.
The GOP stategy cannot work with non-white voters. its based on hatrad of the minority. If you are not white, you are not American.
That's a big call. Hispanics for instance are quite conservative on social issues in the main, I don't think it's clear they'll always vote Democrat. The Tea Party aside, Republicans are interested in power and will move with the wind to get it if necessary.
They will have to on social issues though, I reckon. Gay rights have moved an enormous distance towards acceptance in a very few years, marijuana decriminalisation too (though that will presumably need a massive super-majority if anything's to happen).
The good news for Dems is urbanisation and increasing numbers going into higher education. College educated city-dwellers vote Democratic until they get really fecking rich.
That's a big call. Hispanics for instance are quite conservative on social issues in the main, I don't think it's clear they'll always vote Democrat. The Tea Party aside, Republicans are interested in power and will move with the wind to get it if necessary.
They will have to on social issues though, I reckon. Gay rights have moved an enormous distance towards acceptance in a very few years, marijuana decriminalisation too (though that will presumably need a massive super-majority if anything's to happen).
The good news for Dems is urbanisation and increasing numbers going into higher education. College educated city-dwellers vote Democratic until they get really fecking rich.
Yeah I think long-term the Tea Party is bad news for them, and they will have to ditch it (if they can).
There's also the power of group solidarity though. If the GOP ran 2016 with Marco Rubio they'd probably get significantly more Hispanics.
I think that FL hispanics are different from the rest of the country. The Cuban emigre element means they trend right anyway. They are generally offset by the large black population and all the old jews of Boca Raton etc!
You have it, it's called the Democratic Party. It's roughly where the the Conservatives under Cameron are with regard to economics, and socially probably somewhat to the right. It's not like Bernie Sanders is running the show.
good summation Bob.
tell me, which was the last president you voted for that actually lived up to your expectations? Or which President in history you could have said you agreed with fundementally.
The Democratic Party is as left as you're gonna get on this side of the Atlantic.
The Democratic Party is as left as you're gonna get on this side of the Atlantic.