Category Archives: Politics: US

Remember When…

Pensito Review, via South Florida Daily Blog

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I Sorta Told You So

A few weeks ago I suggested that the political tea leaves looked kind of good for the Democrats, and it was time for some optimism. Mark Thoma, speaking no doubt for many, asked if I wasn’t maybe overly optimistic.

Well, I think I can claim a sorta told you so as it has been a surprisingly productive May for Democrats, culminating in last night’s win of a Jack Kemp’s old seat in upstate New York.

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Some Optimism, of a Sort

I don’t know if he is a reliable narrator, but Michael Moore tells a good yarn in The Day I Was To be Tarred and Feathered.

I mention this because it sort of parallels something I’ve been thinking recently: the wheels are really starting to come off the Republican insurgency. It’s only starting, and there’s some considerable momentum left before it collapses. And meanwhile a lot of people are going to be hurt. Indeed there will be a great deal of misery in the next two years due to what the national party does in Congress and to what state parties do here in Florida and in other GOP-dominated states like Wisconsin. But they’ve overplayed their hand. People are going to hate the results, and I think the pendulum will swing the other way so long as progressives are able to clearly explain who is responsible (and so long as most Democrats don’t decide to play along).

Abraham Lincoln is reputed to have said “You can fool all the people some of the time and some of the people all of the time, but you cannot fool all the people all the time.” Whoever said it, I think it’s true.

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Notes from the Class War

9 Things The Rich Don’t Want You To Know About Taxes

1. Poor Americans do pay taxes.
2. The wealthiest Americans don’t carry the burden.
3. In fact, the wealthy are paying less taxes.
4. Many of the very richest pay no current income taxes at all.
5. And (surprise!) since Reagan, only the wealthy have gained significant income.
6. When it comes to corporations, the story is much the same—less taxes.
7. Some corporate tax breaks destroy jobs.
8. Republicans like taxes too.
9. Other countries do it better.

See the article for details.

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What Counts as News, and What Counts as Important

This will be a one-day story: Report: U.S. Has Wasted Tens Of Billions Of Dollars On Contractors In Iraq And Afghanistan.

A new report from a bipartisan commission set up to scrutinize the unprecedented use of contractors in Iraq and Afghanistan concludes that the United States has wasted tens of billions of the nearly $177 billion that has been spent on those contracts and grants since 2002.

The report, titled “At What Risk? Correcting Over-reliance on Contractors in Contingency Operations,” said its estimate may even understate the problem because it may not take into full account ill-conceived projects, poor planning and oversight by the U.S. government, as well as criminal behavior and blatant corruption by both government and contractor employees.

“For many years,” the report says, “the government has abdicated its contracting responsibilities – too often using contractors as the default mechanism … without consideration for the resources needed to manage them.”

But the political rhetoric will continue to be about reducing the number of government workers, instead of the logical thing, which would be to increase them in order to reduce (note that I did not say “prevent”) this sort of ripoff.

Not invading foreign countries also helps.

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US Uncut Rally in Boca on Saturday at 5pm

US Uncut, the copycat of the phenomenal UK Uncut, is having rallies all over the US on Saturday, including one in South Florida at 5pm Saturday, February 26th at the Boca Raton Bank of America, 21060 Saint Andrews Blvd, Boca Raton, FL, 33433. Here’s the map version.

I have to go to a Law School event Saturday evening, so I’m going to miss this, but I would love to hear from anyone who goes about whether there was a decent turnout and what it was like.

Posted in Econ & Money, Politics: US | 2 Comments