Monday, November 29, 2010

Say what? The rich are embarrassed?

I just have to shake my head when I read things like this (a posted comment on the Washing Post).

Lot's of rich folks are embarassed [sic] by the money they get from the Bush-Cheney tax cuts which were suppose to end. They were designed to end. But Republicans for some reason would rather give the wealthier folks money that they really do not need or want, and yet plan to vote against helping the unemployed pay rent and buy food.
If the rich folks are embarrassed, why don't they give more to the government? Why is it the role of government to take someone's earnings? Isn't that legalized theft?

And the Republicans aren't against "helping the unemployed," but only with money we have. We've borrowed enough. And it's been proven again and again that extending unemployment "benefits" only extends the high unemployment rate. Two years of unemployment benefits is insane.

We wouldn't be having this discussion at all if the government didn't overspend, especially on liberal programs that have only made things worse (which has been proven over and over, yet no one listens).

Here's another gem, from Robert Kuttner on HuffPo:
The economy will be fixed only with more public investment, more progressive taxation, and more regulation.
Stuck on stupid! More spending, more taxation and more regulation! How idiotic. How many times do we have to do this crap and have it fail before people wake up? This is nothing but socialism, but with a different label.

Problem in this country is that about half of it's citizens are too brain-washed by the liberal educational and media establishments and can't think their way out of a paper bag. Instead they base their decisions on  feelings. If it feels good, especially if it makes me feel good, it must be good.

Bullshit, is what I say.

13 comments:

Fam Guy said...

The main 'problem in this country' is the fact that it was trashed, in SO MANY ways, by Bush and the Repubs for 8 years. The problems we have now are just the result of the greedy corruption of that administration and no one, incl the Dems, have any idea of how to fix it. BUT, don't confuse a 'lack of a quick fix' with the cause of the problems.

Steve said...

Too bad you can't back up any of your "facts" with actual facts. Putting the blame on just Bush and the Repubs is a simpleton answer to a complex set of events. These following posts, all backed up via qualified sources, will indicate that it took both parties to dance the tango, and it was primarily the Congress that caused the mess. Bush's fault was not being tough enough and letting Congress have it's way...

http://viewfrommidamerica.blogspot.com/2010/10/once-again-who-caused-financial.html

http://viewfrommidamerica.blogspot.com/2010/10/barney-frank-revising-history-once.html

http://viewfrommidamerica.blogspot.com/2010/08/barney-frank-reverses-course-on-freddie.html

http://viewfrommidamerica.blogspot.com/2010/05/myths-about-economics.html

http://viewfrommidamerica.blogspot.com/2010/02/fed-up-with-liberal-lies.html

http://viewfrommidamerica.blogspot.com/2008/09/financial-crisis-its-certainly-mess.html

http://mises.org/daily/3098

NEXT TIME YOU WANT TO POST YOUR UNINFORMED OPINIONS, HAVE SOME REAL DATA TO BACK IT UP. WE'RE ALL TIRED OF HEARING IT WAS BUSH'S FAULT.

Fam Guy said...

Yup, just a coincidence that he handed off a sinking ship. Definitely not his fault. He was a wonderul, intelligent man who just happened to have some bad luck around him concerning the country he was in charge of. Happy now?

Steve said...

No. You're just being sarcastic and I think you still don't want to admit the larger picture. I have a lot of problems with some of Bush's policies, but I tend to focus on the present and future, and see the lack of success -- so far -- with current programs.

The recession of the early 1980s was actually worse than this one, and it took a couple of years to get us out...so we still have to wait and see.

I just think that more spending, more taxation and more regulation is the wrong approach.

Fam Guy said...

Saying that the 80's recession was worse than this shows you are still in denial as to the damage that your boy caused. Not even close, as to damage to the country. Can't believe you can't/won't admit it, but typical, for a fellow Texan.

Steve said...

Unemployment above 9 percent for 19 months, and abover 10 percent for I think 9 months, peaking at 10.8 percent. Prime rate at 21.5 percent. Inflation up to 13.5 percent. Gas shortages. The S&L crisis. GDP of -8 percent during the worst quarter.

I guess it's a matter of interpretation. According to Casey Mulligan, a econ prof at Univ of Chicago:

"While the job losses, foreclosures, stock declines and other casualties of the current recession have been very painful, substantially more bad economic news is needed to make this recession worse than the downturns of 1980-'82, at least in G.D.P. terms."

Now that we have the facts, who is in denial? I think you like to read what you believe, rather than believing what you read (if you actually do any research at all).

I'll say this again for the last fucking time: I'm not a Texan, I just live in Texas. Bush is not my "boy."

Got that. How many times do I have to repeat it before you get it?

FamGuy said...

You saying you aren't a Bush supporting Texan is like a feathered bird, with a bill and webbed feet, quacking as it swims in the water, saying, 'I'm not a duck'.

Steve said...

Your comment hardly deserves a reply it is so childish, but I'll make one last effort. I kind of feel sorry for you. You live in a world of...well, I don't even pretend to understand your worldview, it is so warped with...I really don't know.

But you are really a leftist. And you're in denial about it. Get a grip.

Fam Guy said...

quack, quack, he says...

Steve said...

Yawn. Same ol' shit, different day.

Fam Guy said...
This comment has been removed by a blog administrator.
Fam Guy said...

The main 'problem in this country' is the fact that it was trashed, in SO MANY ways, by Bush and the Repubs for 8 years. The problems we have now are just the result of the greedy corruption of that administration and no one, incl the Dems, have any idea of how to fix it. BUT, don't confuse a 'lack of a quick fix' with the cause of the problems.

Steve said...

You cut and pasted your first comment?

Ah, I see. You've taken the left-wing rule book point (I think Lenin first said it, tough Alinsky embellished it) that if you repeat a lie often enough, the people will believe it.

Whatever, dude.