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AMERICAN CONSERVATISM IN 2008 AND BEYOND

 
 
Debra Law
 
  1  
Reply Fri 27 Feb, 2009 11:54 am
THE WINGNUT REVOLUTION

Quote:
After nearly three decades of Reaganomics in which the wealthiest two percent have grown exponentially wealthier while middle class wages have remained stagnant, a growing faction of super rich Americans is seriously pissed off -- and their Wingnut Revolution is upon us....

* * *

What this far-right movement appears to suggest is that middle class tax cuts, job creation and affordable healthcare -- ideas that are supported by 82 percent of Americans, by the way -- are criminal acts of tyranny, and an eventual tax increase to the tune of pennies on the dollar for the wealthiest two-percent is worthy of opposition by revolutionary means.

Okay, well. Good luck with that, wingnuts....





cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 11:56 am
@Debra Law,
It should be evident to everybody that our economy is in great stress, and it's hurting everybody irregardless of party affiliation.

Quote:
Economy shrinks at fastest pace in 26 years
By JEANNINE AVERSA, AP Economics Writer Jeannine Aversa, Ap Economics Writer 42 mins ago

WASHINGTON " The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession.

The Commerce Department report released Friday showed the economy sinking much faster than the 3.8 percent annualized drop for the October-December quarter first estimated last month. It also was considerably weaker than the 5.4 percent annualized decline economists expected.

A much sharper cutback in consumer spending " which accounts for about two-thirds of economic activity " along with a bigger drop in U.S. exports sales, and reductions in business spending and inventories all contributed to the largest revision on records dating to 1976.

Looking ahead, economists predict consumers and businesses will keep cutting back spending, making the first six months of this year especially rocky.

"Right now we're in the period of maximum recession stress, where the big cuts are being made," said economist Ken Mayland, president of ClearView Economics.
cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 12:22 pm
@cicerone imposter,
This kind of incident will become more common as more people lose their jobs and homes.

Quote:
Violence up between repo men, car owners
HALSELL, Ala. (AP) " Alone in his mobile home off a winding dirt road, Jimmy Tanks heard a commotion at 2:30 a.m. just outside his bedroom window: Somebody was messing with his car.

The 67-year-old railroad retiree grabbed a gun, walked out the back door and confronted not a thief but a repo man and two helpers trying to tow off the Chrysler Sebring. Shots were fired, and Tanks wound up dead, a bullet in his chest.

The man who came to repossess the car, Kenneth Alvin Smith, is awaiting trial on a murder charge in a state considered a Wild West territory even by the standards of an industry that's largely unregulated nationally. Since Tanks' death last June, two other repo men from the same company Smith worked for were shot, one fatally.

"It's gotten to where it's a crazy world out there," said Smith, 50, an ex-Marine who preaches part-time and sings gospel music. Smith said Thursday that he fired in self-defense after Tanks fired a shot.

With the U.S. dealing with an economic slide that has cost millions of jobs, the number of vehicle repossessions is expected to rise 5% this year. That's after it jumped 12% to 1.67 million nationally in 2008, said Tom Webb, chief economist with Manheim Consulting, an automotive marketing firm. That followed a 9% increase in 2007, creating more opportunities for bad outcomes in an industry where armed confrontations and threats happen every day.


Conservatives on these threads think they are immune.
cicerone imposter
 
  2  
Reply Fri 27 Feb, 2009 12:24 pm
@cicerone imposter,
Here's another thought: I'd rather our government waste money on Americans over spending ten billion every month in Iraq.
cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 12:32 pm
@cicerone imposter,
I can also be critical of how our government is handling the bailout of banks. The government continues to infuse money into banks even though nobody knows the value of those mortgage loans on their books. That's a big mistake, because pumping money into a cesspool will never come out smelling like a rose.

They should let the bank go belly-up and let the books show zero value (no equity left), then the government can take over the banks when they can purchase the banks at virtually no cost to taxpayers.

Cycloptichorn
 
  2  
Reply Fri 27 Feb, 2009 12:33 pm
Jindal today admits he was lying about his Katrina story during his rebuttal.

I can't think of a better example of modern Conservatism: a story told to a national audience, in order to prove that bureaucracy doesn't work, was a complete fabrication.

Extremely embarassing

Cycloptichorn
0 Replies
 
JTT
 
  0  
Reply Fri 27 Feb, 2009 01:30 pm
@mysteryman,
Quote:
I can however, read the Constitution, and I believe it means exactly what it says, no more and no less.


As you've mentioned, you're clearly not a "constitutional expert". That you could even suggest that you believe this old canard speaks clearly to how little you do know.
0 Replies
 
JTT
 
  0  
Reply Fri 27 Feb, 2009 01:36 pm
@Debra Law,
Quote:
Your many skewed and irrational interpretations of the constitution are amusing


I strongly resent your saying this, Debra. Ican is clearly a constitutional law expert and I've learned a great deal from his informative posts. It may well be that he's Jonathon Turley sneaking in here to keep us informed.
cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 01:54 pm
@JTT,
Most people recognize Jonathon Turley from his picture.

http://img.photobucket.com/albums/v97/imposter222/Turley.jpg
0 Replies
 
ican711nm
 
  1  
Reply Fri 27 Feb, 2009 02:03 pm
founding fathers in the Constitution wrote:

http://www.archives.gov/exhibits/charters/constitution_transcript.html
Article I. Section 8. The Congress shall have power
To lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;
Definition of common
http://unabridged.merriam-webster.com/cgi-bin/unabridged?va=common&x=30&y=9
Definition of general
http://unabridged.merriam-webster.com/cgi-bin/unabridged?va=general&x=24&y=11
Definition of imposts
http://unabridged.merriam-webster.com/cgi-bin/unabridged?va=imposts&x=28&y=10
Definition of uniform
http://unabridged.merriam-webster.com/cgi-bin/unabridged?va=uniform&x=29&y=8

founding fathers in the Constitution wrote:

http://www.archives.gov/exhibits/charters/constitution_transcript.html
Article VI
...
The Senators and Representatives before mentioned, and the members of the several state legislatures, and all executive and judicial officers, both of the United States and of the several states, shall be bound by oath or affirmation, to support this Constitution; but no religious test shall ever be required as a qualification to any office or public trust under the United States.

founding fathers in the Constitution wrote:

http://www.archives.gov/exhibits/charters/bill_of_rights_transcript.html
Amendment X
The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.

founding fathers in the Constitution wrote:

http://www.archives.gov/exhibits/charters/constitution_transcript.html
Article III
...
Section 3. Treason against the United States, shall consist only in levying war against them, or in adhering to their enemies, giving them aid and comfort. No person shall be convicted of treason unless on the testimony of two witnesses to the same overt act, or on confession in open court.

The Congress shall have power to declare the punishment of treason, but no attainder of treason shall work corruption of blood, or forfeiture except during the life of the person attainted.


cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 02:14 pm
@ican711nm,
ican, Spell out for us what is "not" uniform?
ican711nm
 
  0  
Reply Fri 27 Feb, 2009 02:24 pm
Barack Obama: It's time to "make hard choices to bring our deficit down."
(1) reduce spending and reduce taxes?
(2) raise spending and raise taxes?

Obama has chosen (2): Steal money from those who have earned it, and give it to those who have not earned it! Those who are given money they have not earned are receivers of money stolen from those who have earned it.
0 Replies
 
ican711nm
 
  1  
Reply Fri 27 Feb, 2009 02:44 pm
@cicerone imposter,
So-called "progressive" and "graduated" tax rates on things are not uniform, because they tax things at different rates depending on how many things are obtained.

So-called "progressive" and "graduated" tax rates on dollars of income are not uniform, because they tax dollars of income at different rates depending on how many dollars of income are obtained.

A uniform tax rate on things is the same for all such things regardless of the number of things obtained.

A uniform tax rate on dollars of income is the same for all dollars of income regardless of the number of dollars of income obtained.
Cycloptichorn
 
  3  
Reply Fri 27 Feb, 2009 02:55 pm
@ican711nm,
You are incorrect, and you know it. You simply are a tax-denier who wants to pay no taxes while enjoying the services of government.

Cyclotichorn
JTT
 
  0  
Reply Fri 27 Feb, 2009 02:56 pm
@ican711nm,
See what I was saying, Debra. These Ican info sessions just give me a tingle. It's so refreshing to hear a new point of view instead of that same old claptrap that's offered up by those conservatives who just don't have the insight into the workings of the Constitution that Ican has.


cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 03:10 pm
@ican711nm,
So? Why isn't it uniform? Everybody must follow the tax codes with all its ills. As a taxpayer, do you pay the same tax as anybody else earning the same gross income? Why is that? Can you figure it out?

Your "uniform tax rate" is the same for all taxpayers based on all the tax codes.
Income is taxed "uniformly" on Adjusted Gross Income.
All other taxes are based on consumption at "uniform" rates of taxation.

Show us why this is not so?
cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 03:27 pm
@cicerone imposter,
Here's another Bush intrusion into private lives that Obama wants to reverse.

Quote:
AP Source: Obama to rescind Bush abortion rule
President Barack Obama wants to roll back a Bush administration rule that has become a flash point in the debate over a doctor's right to refuse to take part in abortions.
cicerone imposter
 
  1  
Reply Fri 27 Feb, 2009 04:58 pm
@cicerone imposter,
And this:

Quote:
Citigroup reaches aid deal with government
By MARTIN CRUTSINGER, AP Economics Writer Martin Crutsinger, Ap Economics Writer 47 mins ago

WASHINGTON " The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises.

The deal announced Friday by the company and the Treasury Department represents the third rescue attempt for Citigroup in the past five months. It's contingent on private investors agreeing to a similar swap.

The administration decided to restructure the bailout package for Citigroup again in the hopes that converting $25 billion of preferred shares into common stock would give investors more confidence the bank has sufficient capital reserves to withstand mounting losses on its holdings of mortgages and other loans. While the conversion to common stock will dilute current shareholders' investments, a wider equity base could calm investors since there would be more reserves in place to guard against further losses as the economy sours.

Besides a stronger capital base, the company is getting a critical boost to its cash flow as it forgoes its 4 cent annual dividend on its common shares. That is giving Citi an additional $2.18 billion a year. The bank will also no longer pay the 5 percent dividend it owed on the government's preferred shares that have converted to common stock.

But the deal doesn't affect one of Citi's greatest problems, the billions of dollars in failed mortgage-backed securities that still sit on its books. As those investments have fallen in value, they have exacerbated Citi's losses.


Precisely what I was talking about. Good money after bad, and nobody knows when this will "end."
0 Replies
 
okie
 
  0  
Reply Fri 27 Feb, 2009 05:32 pm
@Cycloptichorn,
Cycloptichorn wrote:

You are incorrect, and you know it. You simply are a tax-denier who wants to pay no taxes while enjoying the services of government.

Cyclotichorn

Now thats an amazing statement coming from your keyboard. I think alot of Obama voters voted for Obama because he promised them the "rich" will pay their way, they don't have to pay taxes, meanwhile they enjoy all the services. Spread the wealth around. To each according to his need. I would be willing to bet you ican pays more taxes than the vast majority of Obama voters.

Tax denier, what a crock!
Cycloptichorn
 
  1  
Reply Fri 27 Feb, 2009 05:36 pm
@okie,
okie wrote:

Cycloptichorn wrote:

You are incorrect, and you know it. You simply are a tax-denier who wants to pay no taxes while enjoying the services of government.

Cyclotichorn

Now thats an amazing statement coming from your keyboard. I think alot of Obama voters voted for Obama because he promised them the "rich" will pay their way, they don't have to pay taxes, meanwhile they enjoy all the services. Spread the wealth around. To each according to his need. I would be willing to bet you ican pays more taxes than the vast majority of Obama voters.

Tax denier, what a crock!


I bet you Ican does not in fact do that. And why would you even say that? You know that the 200k+ crowd voted for Obama by more than 50%.

I have repeatedly said that I have no problem whatsoever with my taxes going up, and I think in the long run ALL our taxes will have to go up. I am the opposite of Ican.

Cycloptichorn
0 Replies
 
 

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