We’re joined again by aaronJacob who helps us dissect the ridiculous divisions in party politics and ideology, examining the faulty logical steps that make them falter and fail. We decry both the stubborn projection of the GOP and the unscientific post-modernism of the Democrats. Their refusal to recognize evidence and facts may be partly to blame for their refusal to work together to make positive change for the country.
In The Hall Of The Mountain King – The Marimba Belles
Muuttuvat Laulut – Georg Ots
The Stars & Stripes Forever – Matmos
Hornets – Herbie Hancock
Take Me Just As I Am – Mitty Collier
Boys & Girls – Alabama Shakes
Haqq Al-Yaqin – Om
Virus – Tes La Rok
Rip (w/Bun B) – Childish Gambino
Ezili Freda – Cut Hands
Between Love And Hate – Nehuen
Before I’m Done – Toro Y Moi
Oscillate Wildly – The Smiths
Noam Chomsky Spring Break 2002 – Department Of Eagles
Muzik Mogollar – Moğollar
Geistige Nacht – Aksak Maboul
Zemer Attic/Tanz Tanz Yiddelach – 3 Leg Torso
Bratislava – Beirut
Dongle – The Baghdaddies
Kinetic Work – Hangedup
San Francisco Setting of the Cries of Two Newsboys on a Foggy Night in the Twenties – Harry Partch
Cumbia – Sobre El Mar Trio Serenata
the atom man theme – the vitamin b12
Music From Dry Machine – Oleg Kostrow
Everyone Is Afraid Of Clowns – Kumquat
3:24 – Clutchy Hopkins
Secondchance – Dan Paladin
Space Slut – Captain Funkaho
Hot Juicy Girls – Dupobs
Thus the Whirlgig – Daedelus
Polka Ofver Svenska Folmelodier
The President and the Democrats were able to get modest concessions on the fiscal cliff deal, averting a cliff disaster of their own arbitrary making, and in the process The Repubicans now have the debt limit and federal budget to use as leverage, while Obama gave up all of his own. The GOP even managed to turn the sequestration which had been against their favor, as further collateral for their cause. The entire process was referred to by Joshua Holland at AlterNet as ” a hostage exchange.” Half of them aren’t even arguing about the same thing. They don’t want to fix the deficit or the debt; they just want smaller government. Both Tea Partiers and progressives are unsatisfied with the deal, unhappy that any compromise was met, or perhaps such pisspoor compromise. The media ate all of this political drama up like a reality show. So what does it actually do? The payroll tax rate is going back up to where it was in 2010, 6.2%, before President Obama pushed through a temporary cut to spur economic growth. And this return to the previous payroll tax rate hits everyone. And although low-wage earners dodged the bullet of seeing their tax rates rise from 10% or 15% to significantly higher rates, the tax on capital gains and dividends will be permanently set at 20% for those with income above the $450,000/$400,000 threshold. It will remain at 15 percent for everyone else. This is a huge drop from the Clinton-era rates, not to mention the rates of the 50’s and 60’s, disproportionately benefits the wealthy and hurts the middle class, and will not be enough to generate revenue for the government. Assuming one purpose of the tax code is to bolster the domestic economy more than the economy of other nations, taxing that investment at a lower rate than the employee’s labor is completely backward. This will result in a downward drag that globalization, mechanization and de-unionization have had on workers’ incomes. Wages have fallen from 53 percent of GDP in 1970 to 44 percent today—a shift of nearly $1.5 trillion away from wage income. The median wage continues to drop, adjusted for inflation, even though the economy is growing. And the share of the economy going to wages rather than to profits is the smallest on record. This was also a huge compromise on the tax goals President Obama outlined at the beginning of last month. In return, however, he received a fair amount of funding for anti-poverity and stimulus programs. The expansion of tax credits for lower-income Americans—initially paid for by the American Recovery and Reinvestment Act—will be extended for five years. This includes the Earned Income Tax Credit, the Child Tax Credit (originally pioneered by Republicans in the 1990s), and the American Opportunity Tax Credit. Unemployment insurance will be extended for another measly year.
President Clinton’s tax rates delivered big budget surpluses and one of history’s strongest rates of economic growth. By contrast, President Bush’s cuts to those tax rates birthed massive deficits and the slowest rate of economic growth in modern history. Yet, faced with the fiscal cliff’s choice between Clinton and Bush tax rates, both parties agreed to ratify almost all of the latter.
Worst of all, according to the Congressional Budget Office, the final bill will increase the budget deficit by $4 trillion. Way to go, guys. Where is this money going? While the bloated defense contractor handouts couldn’t be touched, other corporations were affected. The legislation reportedly contains $205 billion in tax breaks (kick backs) for corporations, including:
- “seven year recovery period for NASCAR motorsports entertainment complex property”, which is to say it allows anyone who builds a racetrack and associated facilities to get tax breaks on it. This one was projected to cost $43 million over two years. engaged in construction.
- $165 million a year for railroads to maintain their tracks.
- $150 million in deductions for Hollywood studios that film in low-income communities of just in the United States.
- $9 billion a year to help banks and manufacturers “engage in certain lending practices and not pay taxes on income earned from it,” according to Naked Capitalism. Specifically, the bill allows the banks and multinationals to defer paying taxes on foreign income, thus encouraging the creation of jobs outside the United States. supporters of the bill include GE, Caterpillar, and JP Morgan.
- Sec. 323 allows US multinationals to not pay taxes on income earned by companies they own abroad.
This provides plenty of goodies for corporate interests, who meanwhile would like to convince Americans to cut taxes, spending, and regulations—divert all attention from record-high corporate profits and the concentration of income and wealth at the top. Another “subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp” was supposed to go directly to the small businesses affected by 9/11. Goldman got $1.6 billion in tax free financing for its new massive headquarters through Liberty Bonds.
- An increase in the import tax on rum from Puerto Rico and the Virgin Islands to benefit rum distillers in these U.S. dependencies.
- Tax incentives for mining companies to buy safety equipment that they should be buying anyway. Taxpayers shouldn’t have to bribe mining companies to not kill their workers.
- $1 million a year in tax credits for coals companies that mine on land owned by Indian tribes.
Another little-noticed item in the bill changed the law that establishes conditions under which the president is allowed to reduce the size of the U.S. nuclear arsenal. Rather than such action being contingent on certifying that Russia has first met its nuclear treaty obligations, the president now only has to know whether or not Russia has done so. There is more that the bill doesn’t do, because in a much realer way, we all lose. It does not fix the problem of dramatically increasing publicly-held debt. The “deficit debate” completely ignores this problem, as well as the starving, the sick, the dying, the preyed upon, the bankrupted. We’re already spending nearly 18 percent of our entire economy on health care, compared to an average of 9.6 percent in all other rich countries. Yet we’re no healthier than their citizens are. In fact, our life expectancy at birth (78.2 years) is shorter than theirs (averaging 79.5 years), and our infant mortality (6.5 deaths per 1000 live births) is higher (theirs is 4.4). In fact, the “austerity caucus” thinks it has a good shot at cutting Social Security and Medicare as part of a “grand bargain” with Obama. So anything at this point only kicks the can a short way down the road. If cuts to popular retirement benefits end up in the mix of a budget deal, then this deal would have paved the way for a bad outcome. They want to take hard-won rights from you and me and call it ‘entitlement reform‘, a false bill of sale based on rhetoric and myth. These are programs that Americans direly need:
Census data showing 49 percent of Americans living in homes where at least one person is collecting a federal benefit – food stamps, unemployment insurance, worker’s compensation, or subsidized housing — up from 44 percent in 2008.
The number and percentage of Americans in poverty has increased dramatically, including 22 percent of our children. Social Security won’t contribute to future budget deficits. By law, it can only spend money from the Social Security trust fund. That fund has been in surplus for the better part of two decades. Taming future deficits requires three steps having nothing to do with entitlements: Limiting the growth of overall healthcare costs, cutting our bloated military, and ending corporate welfare (tax breaks and subsidies targeted to particular firms and industries). The current bill ignores the first, allows the second to go one unabated, and makes the third even worse.
- Military: in 2012, the U.S. government spent about $841 billion on security—a figure that includes defense, intelligence, war appropriations, and foreign aid. At the same time, the government collected about $1.1 trillion in individual income taxes. (And about $2.4 trillion in revenues overall if you include payroll, corporate, estate, and excise taxes.) In other words, about 80 cents of every dollar collected in traditional federal income taxes went for security. Nobody in Washington seems interested in seriously curtailing defense spending that is greater in real terms than what the U.S. spent in the Cold War—despite the fact that the U.S. will be officially at peace when we withdraw from Aghanistan next year and the U.S. faces no major global adversaries.
- Corporate Welfare: through bailouts, no-bid contracts, pork, tax cuts, subsidies, deductions and loopholes.
So what can we do? Besides just minting a symbolic trillion-dollar coin? The American Prospect advocates more tax brackets for the super-rich, rich, and sorta rich, breaking apart their interests.
In 1960, there were 17 brackets above $35,000—(roughly $250,000 today)—going up to $400,000 in annual income, or $3 million. Now, there’s a single one.
We could favor running large deficits in order to stimulate the economy during and after the Great Recession. But there’s something deeply wrong about proposing to permanently tax Americans at the lowest level in a generation and funding defense at Cold War levels while piling up over $6 trillion in new debt. And the president’s budget only makes things worse, largely continuing the fiscal disasters of his predecessor.
So that’s what the fiscal cliff was really all about, Charlie Brown. A group of lunatics threatening one disaster after another. So we look at the despicable, hypocritical, baseless and often schizophrenic philosophy of the far-right, which has become a black hole of conventional conservative wisdom in the media, on Wall Street, on the Beltway, and in the GOP, NRA and Tea Party.
- Fox News CEO Roger Ailes tries to recruit candidates for the GOP.
- Fox News produces its own anti-Obama video.
- Fox News conning Latinos for politics and profit.
- Fox lies about military access to voting in Ohio.
- Trayvon Martin case – Fox ran a story featuring a photo of Zimmerman with a beaming smile alongside one of Martin that looked foreboding and was obviously artificially darkened.
- The polling schizophrenia at Fox News.
- In-house Fox News psychiatrist, Keith Ablow, has offered his embarrassingly ridiculous diagnoses – Without ever having examined (or even met) President Obama, Ablow has declared him to be contemptuous of the judiciary and devoid of all emotion. He further assessed that Obama has “got it in for this country” and doesn’t like Americans.
- Fox claims that Gingrich as president would make America stronger specifically because of his multiple infidelities.
- Fox News airs hour-long commercial for anti-Obama film on Hannity.
- Fox News “Democrat” Kirsten Powers accuses Obama of sympathizing with terrorists, writing that respecting religious beliefs “is implicit sympathy for the claims of some of the attackers and rioters.”
- Fox News spinning furiously on unemployment rate.
- Fox News demands global warming does not exist.
The right has its own religion and mythology, unsound and invalid proposals and conclusions that they not only live by, but hypnotize their constituents into taking on faith:
- Austerity works.
- We need less government spending.
- Social Security and Medicare is in ‘crisis’ and we need to cut it.
- We’re “living beyond our means.” More snake oil.It’s undertaxed corporations and billionaires who are living beyond our nation’s means, by claiming an inordinate and unearned share of our nation’s wealth and not paying their fair share of taxes for it.
- Banks paid back what they owed us from the bailout. First, we don’t have a full accounting even now. Secondly, we’re still responsible for the enormous amount of toxic risk which Wall Street created and the government then assumed on its behalf.
- Wall Street-ers didn’t commit any crimes – or they’re too hard to prosecute.
- Accusing the other side of Voting Barriers and Voter Intimidation (while doing so themselves)
- Federal Programs Need to be Rolled Back
- Billionaires Have the Free Speech to Steer Presidential Races
- So Do Secret Big-Money Groups
When they’re not focusing on the plutocracy, they’re proselytizing a theocracy:
- Religious School Voucher Subsidies
- Creationism In Science Classes
- Prayer And Proselytizing In Public Schools
- ‘Conscience’ Exemptions to Health Care Coverage
- Anti-Shariah Laws
“Is that just math you do as a conservative to make yourself feel better?” Not only does Fox News repudiate the findings of the National Oceanic and Atmospheric Administration on last year’s US temperatures, but even went so far as to insinuate that the academic researchers should go to jail.
“In the business and trading world, people go to jail for such manipulations of data.”
First of all, no they don’t. And second of all, we don’t jail scientists for reporting on actual data, we’re not Italy. If anything, its current data is even more reliable than before. But it’s not just science under attack, but mathematics as well:
“Fox News host Eric Bolling on Wednesday accused some schools of “pushing the liberal agenda” for teaching an algebra lesson about the distributive property.”
Conservatives don’t hold a monopoly on magical thinking, as the crazy cultish liberals have shown us: So we examine all of these properties and condemn both for putting ideology before evidence, and presenting faith as a fact.