George Will just said on ABC’s This Week show this morning:
“95% of what the government does is redistribute wealth.”
“We have socialism for the strong.”
“Its not new.
These comments were all made in a discussion of how tax subsidies work and have always worked. Maybe this discussion will be on YouTube?
All tax plans do this. Thanks George for setting the record straight.
Some of my best friends are drosophila researchers. There have been lots of them over the years because fruit flies are such a valuable subject for genetics research.
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Links below added on Oct 25, 2008
The stem cell blog (search for drosophila)
Market fundamentalism, the economic theory propagated by Milton Friedman and the University of Chicago School of Economics – and most recently Alan Greenspan – is coming to a violent economic end. Friedman and his followers were seen as economic gods by the neoconservatives, whose members include Donald Rumsfeld, Paul Wolfowitz and Dick Cheney.
Here are some links to blogs that you might find interesting.
Bill Moyers interviewing George Soros
Naomi Klein, Milton Friedman and Arnold Schwarzenegger
The end of free market fundamentalism
Why market fundamentalism has failed
OK, so a lot of money was spent for clothes from companies that don’t have stores in Paducah.
The fast answer from the McCain campaign was that they would be donated to charity.
Really? Let’s see it. On e-Bay where everybody can see.
They could let Rush have the honors of organizing it, he apparently is familiar with how it works.
If Britney can do it, why can’t Sarah?
I bet that $150,000 worth of clothes could go for twice that amount on e-Bay.
But it needs to close before the election, just in case McCain and Palin are not elected. The value is likely to decrease as the post-mortem analysis drags her VP selection through the mud-encrusted wringer.
Here is a recent concert of Luciana Souza recorded on May 2, 2008 at the Kennedy Center’s Family Theater in Washington, D.C
What a talent!
Colin Powell was interviewed on Meet The Press this morning. He spoke to Tom Brokaw about the damages of the negative messages coming from the McCain campaign. He posed the right question at one point: ‘Why shouldn’t a 7 year old Muslim child be able to think about being president someday?’
Considering the way the McCain campaign has been carrying on its negative attacks, Powell said he will be voting for Barack Obama. As voters we can send a strong message to politicians of both parties – vote against negative election tactics this year. The passion of an election is no reason to tear down our principles.
Barack Obama told Joe (the Plumber) Wurzelbacher that his tax policy would “spread the wealth around”. As a result Joe’s become famous world wide. The McCain campaign has exploited Obama’s gaffe and the media created a human interest story that didn’t quite pan out. I don’t know if I feel sorry for Joe, even though some of his personal problems have been exposed. It seems he has liked being in the spotlight.
As Bob Herbert wrote in the New York Times, there are much more pressing stories to tell than Joe’s.
Wealth redistribution through tax policy sounds pretty bad, but wealth redistribution has always been a key part of the American dream. I have to believe that trickle down Reaganomics is another form of wealth redistribution that used tax policies as part of the scheme.
The people that Mr. Herbert wrote about and the thousands of others like them are victims of a different kind of wealth redistribution. Wherever there are economic bubbles (as there was in housing in this decade) there is wealth redistribution. Some people get away with more than their fair share and others are left with the pain of their losses. The mortgage practices of this decade were a massive wealth redistribution scheme with at least some amount of government support and a number of winners but many deeply damaged victims.
We have seen a widening gap between the haves and have-nots in America over the last few decades. Some call it the shrinking middle class. To me it seems like it is probably a clear case of wealth redistribution and its a topic worth exploring in a lot more depth. The question is what has government’s role been in this decline. We don’t want to become a welfare state, but figuring out what a fair distribution of wealth is a much more difficult question than what is being portrayed in the campaign now. Its the main reason I don’t believe in unregulated economic systems – it doesn’t look like they work for most of us – whether we are the Joes of the world or the elderly and recently homeless.
Car deals are pretty good right now with the meltdown and the credit conundrum screwing everything up. So me – being a pretty cheap guy – went out to by a car. I like the idea of savng gas money, but hybrids are not being discounted much so I started to look for decent mileage in a mid size sedan – accord, camry, sonata, malibu, legacy, etc.
The last car I thought I would check out was anything made by Ford. I just didn’t think they were doing anything interesting except making wide-ass SUVs and trucks. But the discounts offered in the Mercury News were huge, so I thought I should go in case I was missing something. And I was, like usual.
I am a tech-geek of sorts. I don’t have an iPhone – just a regular iPod and a Motorola Z3 with bluetooth. But both of them work like a charm with the Sync system in the Focus and Fusion. I’m also an audio-whacko and do most of my listening behind the wheel because I can crank it up there past the threshold of Gretchen’s pain. I was instantly in love with the ability to talk to my car to hear the music I want on demand (much faster than scrolling the iPod’s interface) and calling people without having to turn down or pause the audio (it does that automatically) and having to wear my hands free earpiece. Yo, and I was pleased to find out that I can plug in a USB stick with MP3s and it plays them without having a player like an iPod.
The Audiophile sound system Ford offers is very nice – I like it much better than the JBL sound system in our Highlander – which is overly punchy in the low end. It doesn’t quite measure up to the custom stereo in my Jetta, but its still big, huge and beautiful. The control options with Sync puts it way over the top.
I ended up buying a Fusion from Gilroy Ford. They were real easy to work and negoitiate with. I’ve had the car now for just a few days, but I’m really loving it. MIleage is pretty good because its a 4 banger and its a very clean buring engine. The ride is fine and it seems to want to go down the freeway as fast as I want to. 4 wheel disk brakes, power-adjustable drivers seat, power windows. It doesn’t have sports options like the spoiler and oversized wheels like so many of the big audio cars that are in dealer inventory, but I didn’t want to pay for that stuff anyway. All I want to do is talk to my car and get instant satisfaction.
I’m an independent voter from California, but I tend to side more often with Democrats than Republicans. Neither are perfect, that’s for sure. If you get enough of either side together – like during a convention – its pretty obnoxious. Not a lot of problem solving going on when there is so much chest thumping to do.
And name calling.
The name calling really bugs me and that’s one of the reasons I tend to like Democratic candidates more than Republican candidates. Republicans can’t seem to leave that one alone. Heck, they systematically do it, as they are doing now with the “Obama is a terrorist” robocalls. That is not at all OK with me and my guess is that it’s not at all OK with many others either.
I think the journey is just as important as the goal – and the journey is pretty ugly right now. I don’t think it’s OK to make viscous lies about your opponent in order to win. The end does not justify the means.
Please join me in voting against ridiculous, fabricated, personal attacks.
One side says the other pals with terrorists. That doesn’t seem very likely.
The other side says the other is erratic. That’s probably an overstatement.
Comparing the two, it seems to me the friend of terrorist charge is the more ugly and irresponsibe. So, I’m voting for Obama – unless his campaign comes up with something more ugly and stupid than what the Republicans are doing.
Send a message to politicians this year. Cut the crap.
