Wednesday, April 28, 2010
Dispatches from Western Utopia
Wednesday, April 21, 2010
Goodbye Old Neighbor
Saturday, April 17, 2010
Left v Right Difference
Cops at Left and Right Protests. First is the Tax Protest from April 15 (Right wing). The Second is from the International Monetary Fund Protest (Left wing). Both protests occurred in Washington, DC. Notice the Protest that requires riot police. The officer sitting on his bike was quoted, “These people [Tea Party] are great. It’s like a day off, very relaxing.” The Life Magazine photo was documenting the IMF protests of 2002 when the Left-wingers were trying to close off streets and violently engage the police.
Tuesday, April 13, 2010
An Apology
As was the self-loathing chique of the American and ex-patriot left during the G W Bush years, I would like to apologize to the Canadians for our current president. Even though you love and adore President O!, he has treated your great country with contempt first by slapping your hand and banning Canadian products in the $813 billion stimulus package, now he wags his finger in the face of your Prime Minister. Compared to the US leadership, Mr Harper has masterfully led the Canadian economy through treacherous economic waters. I don't think our president likes to be overshadowed by solid leadership, thus Obama needed to belittle PM Harper.
Thursday, April 8, 2010
American Tax Fairness
About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. [...]The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.
About 50% of the country does not participate in the stewardship of our nation. There is something fundamentally discouraging about this reality. Everyone should have a stake in the place where they live and move and have their being. The other distressing aspect to this tax lopsidedness is that a hit to income in the top 10% results in a vulnerability to 73% of tax revenues.
If, as I believe, the economy will continue to adjust away from consumer credit based consumptions, this necessarily means tighter profit margins and higher bankruptcies for the coming few years. These leaner times will result in lower tax revenues. All the while, the Democrats are increasing spending to levels never before imagined. Cloward Piven?