Economics and Republican fantasy

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I’ve said it before, but let me repeat it: There is a finite amount of money. I’m not a communist… I love capitalism. But reality prompts me to point out that we don’t have unlimited amounts of cash.
If we increase our spending at the same time we cut taxes, we’re going to wind up with a huge debt that we can’t pay. If we can’t pay the bills now, how are we going to pay them in the future? In the future people will have become attached to tax cuts, and they won’t want to pay more. They’ll also be attached to government services that they don’t want to give up. We will never be able to get out of debt.
When are the Republicans ever going to get a grip on reality? I don’t carry any debt in my own life. I certainly don’t want the government to do so. We need a good democratic presidential candidate…. and fast.

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Republican Anti-Intellectualism and the dumbing down of American Culture

Brain Drain” by Mark Crispin Miller:

For reasons too complex for us to hazard here, the anti‑intellectuals are finally on the side of power at its most unforgiving and voracious. And so they give a pass to those professors who are at the service of such power, while jeering anyone–inside or outside the Academy–who thinks to raise a fuss about how wrong it is. For them, this isn’t something to discuss, because discussion is itself suspicious, even dangerous–the sport of jerk‑offs and Prevaricators. Thus there is no point in arguing with them–and yet no wisdom in attempting to ignore them. And such is true not only of the Bush regime’s most unrestrained supporters, but of the Bush regime itself–a fact that now requires a lot of careful thought, and something more.
And yet it’s just such thinking that has all but disappeared since 9/11–as it always disappears in time of war. In bringing down the World Trade Center (a mile from where I sit right now) and ravaging the Pentagon, the terrorists not only murdered thousands, and left tens of thousands more bereft, and devastated lower Manhattan, and sparked the wreckage of the local and the national economy. Through that spectacular atrocity, the killers also managed, at one blow, to knock the brains clean out of countless good Americans. Although those citizens had started out that day with all their wits intact, by dinner‑time they sounded way much like Fred–a terroristic consequence a lot less hideous, surely, than what happened in the air and on the ground, and yet even more destructive in the long run. For while we can and will no doubt rebuild beyond the shattered lives and property, the prospects aren’t as upbeat for our frail democracy, which cannot function if too many people think like Bill O’Reilly and his fans.

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Enron investigation

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Okay, politics: We need a special investigator looking into Enron and examining the involvement of the current presidential administration in the company. War aside, this isn’t the kind of thing that can be overlooked.
And the other thing we need is some explanation of the election reform process that will be in place before the next election. How are we going to ensure that everyone’s vote is counted and that everyone’s vote counts?

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war in afghanistan

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I’m not against war against the al-Qaida or against Afghanistan. I only hope that we’re waging war in a way we can win, and not ending up in another Vietnam. I wonder whether ground troops are the right answer.
2010 UPDATE: Isn’t this cute that I thought I had any idea about how to conduct a war? I can’t believe I actually wrote that in public and everything.

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What bin Laden was really attacking

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This Salon article I found expresses well what I’ve been trying to figure out how to put into words over the last week. I don’t believe the terrorist attacks are something we brought on ourselves because of our foreign policy over the last three decades.

I think they’re an attack on modernity. They’re an attack on our contemporary way of life, and on our secular, consumer behavior. Furthermore, (this is going beyond what the article says) I don’t believe that Osama bin Laden is himself a devout or fanatical Muslim, or that he really wants to attack us because we’re decadent and irreligious. That may be true of his followers, but not of him. I think, for him personally, it’s about power. It’s about gaining control, and fanatical religion is just a tool that he’s using successfully, ala Machiavelli or Sun Tzu. If he were really as devout as he claims to be, he’d have flown the plane himself. And because of these things, we have no choice but to kill him.

I’ve been saying for years that the only legitimate reason to have nuclear weapons would be to defend against a direct attack on the US, and that I the only reason to have a military would be to protect against invasion or attack on our country, and if that every happened, I’d buy a gun and be ready to defend the country myself. I haven’t changed my mind. Frankly, I think we should drop a nuclear bomb on Afghanistan. We have every right to do so; they killed Americans on American soil. There’s no better reason than that to drop the bomb. In fact, it’s the only legitimate reason to do so, and if we don’t do it for this situation, why bother having them at all?

All this bullshit about not killing “innocent civilians”. Um, THEY killed OURS. If we can’t do so in turn, what’s the point? What’s the point of the “war on terrorism” at all? Why not just open the damned borders and let them in?

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reform the electoral process

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Here is the only legitimate way to reform the electoral process: EVERY SINGLE CITIZEN OF THE UNITED STATES NEEDS TO VOTE IN EXACTLY THE SAME WAY.
I wasn’t a bit surprised when ol’ Dubya said “we have to respect the state and local election boards”. OF COURSE HE SAID THAT. Because the lack of uniformity in voting is the reason why he and every other Republican is in office today… because poor people in poor counties have an election process that is outdated, inaccurate and subject to massive fraud, and these are the people who vote Democrat. The wealthier counties who can afford an accurate process that ACTUALLY COUNTS THEIR VOTES, and that’s why Republicans get elected.
It’s not in Dubya’s interest to reform the electoral process at all; the inaccuracy and fraud are the only reason he’s in office. It would be like killing the goose that laid his golden eggs.

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Invictus

Oh holy crap. Timothy McVeigh decided to release as his “final words” before execution the poem “Invictus” which I’ve had on my website in my favorite poem section for five years. I come up at the top of some search engines, so I’ve had almost two hundred thousand hits on this page since this afternoon. If you’re looking for right-wing conspiracy theories and paranoia, don’t look for them here; I believe in logic, reason, and ‘government of the people, by the people and for the people.’

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The Rich and Taxes

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Excellent quote from Salon:

I am speaking here semi-professionally, as an economics professor (currently at Purdue, but I taught at the University of Chicago for five years, so my conservative bona fides are in order). It is not the case that the rich pay an overwhelming portion of taxes. They pay an overwhelming portion of income taxes. When you figure in payroll taxes and sales taxes, the distribution skews much more strongly toward the poor and middle-income Americans. This is because payroll taxes are only levied on the first (roughly) $70,000 of income, so you effectively pay 13 percent of every dollar of income up to that point, and nothing thereafter.

Of course, the fraction of income that is consumed falls rapidly with income, so the rich pay a much lower percentage of their income in sales taxes. These other taxes comprise roughly 45 percent of the federal budget, and a much higher percentage of state and local budgets. By defining the debate in terms of income taxes, rather than the entire tax burden, the Bush camp has made a reasonable case for a tax cut skewed heavily toward the wealthy. Now perhaps a case could be made that the wealthy should pay a lower burden than the rest of us, or that there is a particular reason to pay attention to income taxes rather than all the other taxes that eat away at our paychecks. But the Bush camp is not making this case; they are trusting in the public’s inability to uncover this fundamental dishonesty. If you’re interested in learning more, we suggest to suggest to look into professional corporate services in Thailand.

 

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