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Public Service Announcement: Gov Rick Perry Pushes For Higher Taxes

When Texas Gov. Rick Perry kicked off his Republican presidential campaign yesterday, his speech buried the needle on the Cliche-O-Meter, offering up one generic, predictable GOP theme after another. There was, however, one line in particular that stood out as interesting.

“We’re dismayed at the injustice that nearly half of all Americans don’t even pay any income tax. And you know the liberals out there are saying that we need to pay more.”

In this context, “we” refers to Perry and everyone who shares his worldview.

The oddity, of course, is that the governor seems to be arguing that Americans don’t pay enough in income taxes. Or more accurately, it’s unjust that more Americans aren’t paying income taxes.

This is an increasingly popular argument in right-wing circles — Michele Bachmann, one of Perry’s presidential rivals, has pushed the same line — though it’s entirely counter-intuitive. The argument isn’t even subtle: far-right Republicans are annoyed that many Americans don’t make enough money to be eligible to pay income taxes, so they believe it’s important to get more of these lower- and middle-income Americans paying more to the government.

In case anyone’s forgotten, the relevant details matters here: millions of Americans may be exempt from income taxes, but they still pay sales taxes, state taxes, local taxes, Social Security taxes, Medicare/Medicaid taxes, and in many instances, property taxes.

It’s not as if these folks are getting away with something — the existing tax structure leaves them out of the income tax system because they don’t make enough money to qualify.

Perry considers this an “injustice,” one which he apparently intends to fix, and which he feels strongly enough about to include in his closely-watched kick-off speech.

This should make for quite a 2012 debate, shouldn’t it? Some of the most far-right candidates want Americans with less to pay more in taxes. Seriously.

 

By: Steve Benen, Contributing Writer, Political Animal, Washington Monthly, August 14, 2011

August 17, 2011 Posted by | Class Warfare, Conservatives, Deficits, Economic Recovery, Economy, Elections, GOP, Government, Governors, Ideologues, Ideology, Income Gap, Politics, Republicans, Right Wing, Tax Loopholes, Taxes, Teaparty, Wealthy | , , , , , , , , , | Leave a comment

Iowa Straw Poll: Let The Fight For The Right Begin

Technically, the margin of victory for Michele Bachmann at Saturday’s Iowa straw poll was slight, with second-place finisher Ron Paul falling just 152 votes (or 0.9 percentage points) short of her tally.

But everyone knows that Paul is a niche candidate. The 27.65 percent that he earned on Saturday is impressive, in that it speaks to the sizable and devoted following he has built, but it’s also probably the same share he would have received if there’d only been two candidates on the ballot, instead of nine.

Bachmann’s real competition was Tim Pawlenty, the former Minnesota governor who had poured massive time and energy into the straw poll, hoping to post a breakthrough victory — and to stave off an early elimination from the GOP race. As the stakes had crystallized for Pawlenty in the days leading up to the straw poll, he’d even gone on the attack against Bachmann in a desperate effort to peel support from her. Saturday’s results demonstrated forcefully just how futile Pawlenty’s strategy was: He finished a very distant third, with just 13.57 percent, winning fewer than half as many votes as Bachmann.

In other words, this was a very big win for Bachmann. She crushed her biggest mainstream competitor and she avoided the indignity of finishing behind Paul. In the run-up to the straw poll, there was talk that she might be a victim of her own early success — that by making so much noise this spring and summer and moving up so quickly in polling she had set the bar too high for herself. Finishing behind Pawlenty (and Paul, for that matter) would have encouraged this view, raising questions about whether Bachmann really had the staying power and organization to win the Iowa caucuses this winter. But now she’ll leave Ames with the political world taking her more seriously, not less.

And her victory was doubly significant in light of the day’s other major political development: Rick Perry’s formal entry into the GOP race. The Texas governor made his long-expected announcement early in the afternoon at a conservative blogger conference in South Carolina. Perry is a heavyweight candidate, to be sure, and enters with considerable momentum. But he would have even more momentum right now if his announcement had been followed hours later by news of an unexpectedly weak straw poll showing for Bachmann — a development that would have created the immediate possibility of defections of Bachmann supporters to Perry’s side. Perry, after all, is supposedly Bachmann’s worst nightmare — someone who appeals to the same rigidly conservative base she does, but who is far more acceptable to the party’s establishment. Perry may yet end up taking the wind out of Bachmann’s sails, but the straw poll outcome suggests that she’ll put up a whale of a fight.

Thus, the stage is a set for a fascinating battle for the loyalties of the “purist” wing of the party between Perry and Bachmann. Which is very good news for the other major candidate in the race, Mitt Romney, who has also stood to lose by Perry’s emergence. The threat to Romney is that Perry might marginalize Bachmann and gobble up most of her support and that the GOP establishment will then rally around him, judging him to be a safe enough choice and more acceptable to the base than Romney. So the longer Perry is tied down in a fight with Bachmann for the true believer vote, the better Romney has to feel.

And no doubt Perry himself would much rather focus his attention on Romney, whose ideological credentials have long been in doubt and who would be relatively easy to run against from the right. But trying to convince Bachmann supporters to abandon her is far trickier — especially now that the straw poll results have lifted their spirits to the stratosphere.

So if you’re keeping score at home, Saturday was a very good day for Bachmann, and a decent one for Romney. And it wasn’t bad for Perry, either, although he would have preferred to see Bachmann lose the straw poll. It was, however, a dreadful day for Pawlenty, who’s now pretty much run out of time to demonstrate that a candidacy that makes sense on paper is remotely interesting to Republican activists.

 

By: Steve Kornacki, Salon War Room, August 13, 2011

August 14, 2011 Posted by | Conservatives, Democracy, Elections, GOP, Ideologues, Ideology, Iowa Caucuses, Politics, Republicans, Right Wing, Teaparty, Voters | , , , , , , , , | Leave a comment

The Tea Fragger Party: Remember Their Names

Fragging: “To intentionally kill or wound (one’s superior officer, etc.), esp. with a hand grenade.”

Take names. Remember them. The behavior of certain Republicans who call themselves Tea Party conservatives makes them the most destructive posse of misguided “patriots” we’ve seen in recent memory.

If the nation defaults on its financial obligations, the blame belongs to the Tea Party Republicans who fragged their own leader, John Boehner. They had victory in their hands and couldn’t bring themselves to support his debt-ceiling plan, which, if not perfect, was more than anyone could have imagined just a few months ago. No new taxes, significant spending cuts, a temporary debt-ceiling solution with the possibility of more spending cuts down the line as well as action on their beloved balanced-budget amendment to the Constitution.

These people wouldn’t recognize a hot fudge sundae if the cherry started talking to them.

The tick-tock of the debt-ceiling debate is too long for this space, but the bottom line is that the Tea Party got too full of itself with help from certain characters whose names you’ll want to remember when things go south. They include, among others, media personalities who need no further recognition; a handful of media-created “leaders,” including Tea Party Nation founder Judson Phillips and Tea Party Patriots co-founders Jenny Beth Martin and Mark Meckler (both Phillips and Martin declared bankruptcy, yet they’re advising Tea Party Republicans on debt?); a handful of outside groups that love to hurl ad hominems such as “elite” and “inside the Beltway” when talking about people like Boehner when they are, in fact, the elite (FreedomWorks, Heritage Action, Club for Growth, National Taxpayers Union, Americans for Prosperity); and elected leaders such as Minnesota Rep. Michele Bachmann, Ohio Rep. Jim Jordan, head of the Republican Study Committee, and South Carolina Sen. Jim DeMint, who grandstand and make political assertions and promises that are sheer fantasy.

Meanwhile, freshman House members were targeted and pressured by some of the aforementioned groups to vote against Boehner’s plan. South Carolina’s contingent was so troubled that members repaired to the chapel Thursday to pray and emerged promising to vote no. Why? Not because Jesus told them to but because they’re scared to death that DeMint will “primary” them — find someone in their own party to challenge them.

Where did they get an idea like that? Look no further than Sarah Palin’s Facebook page, where she warned freshmen about contested primaries and urged them to “remember us ‘little people’ who believed in them, donated to their campaigns, spent hours tirelessly volunteering for them, and trusted them with our votes.” Her close: “P.S. Everyone I talk to still believes in contested primaries.” While they’re at it, they also should remember that Palin came to the Tea Party long after the invitations went out. The woman knows where to hitch a wagon.

Unfortunately for the country, which is poised to lose its place as the world’s most-trusted treasury and suffer economic repercussions we can ill afford, the stakes in this political game are too high to be in the hands of Tea Partyers who mistakenly think they have a mandate. Their sweep in the 2010 election was the exclusive result of anti-Obama sentiment and the sense that the president, in creating a health-care plan instead of focusing on jobs, had overplayed his hand. Invariably, as political pendulums swing, the victors become the very thing they sought to defeat.

Who’s overplaying their hand now?

It must be said that the Tea Party has not been monolithic — and the true grass-roots shouldn’t be conflated with leaders who disastrously signed on to the so-called “Cut, Cap and Balance” pledge. What is it with Republicans and their silly pledges? Didn’t they get enough Scouting? This pledge now has them hog-tied to a promise they can’t keep — the balanced-budget amendment. As many as a third desperately want a pardon from that commitment, according to sources close to the action.

Hubris is no one’s friend, and irony is a nag. The Tea Partyers who wanted to oust Barack Obama have greatly enhanced his chances for reelection by undermining their own leader and damaging the country in the process. The debt ceiling may have been raised and the crisis averted by the time this column appears, but that event should not erase the memory of what transpired. The Tea Party was a movement that changed the conversation in Washington, but it has steeped too long and has become toxic.

It’s time to toss it out.

 

By: Kathleen Parker, Opinion Writer, The Washington Post, July 29, 2011

August 1, 2011 Posted by | Class Warfare, Congress, Conservatives, Consumers, Debt Ceiling, Debt Crisis, Deficits, Democracy, Democrats, Economic Recovery, Economy, Elections, GOP, Government, Ideologues, Ideology, Journalists, Lawmakers, Lobbyists, Media, Middle Class, Politics, President Obama, Press, Public, Pundits, Republicans, Right Wing, Teaparty, Wealthy | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Up Is Down: Michele Bachmann Distances Herself From Reality

Talk about cognitive dissonance. I went to a breakfast this morning with Alice Rivlin and lunch with Michele Bachmann. How to put this politely? If men are from Mars and women from Venus, Rivlin is from Earth, Bachmann is from Saturn. Someplace way out in the solar system and removed from reality.

Rivlin, a Democrat, is a former director of the Congressional Budget Office, former director of the Office of Management and Budget, and former vice chairman of the Federal Reserve. She is, in short, a Very Serious Person and, like every serious person around, finds herself somewhere between disbelieving and aghast at the current crisis over raising the debt ceiling.

“Putting a limit on the debt and saying, ‘Hey, we made these decisions but we didn’t really mean it, we’re not going to pay our bills,’ is just an unthinkable thing to do,” Rivlin said at an event sponsored by Atlantic Media.

“This is outrageous, folks,” she told interviewer Linda Douglass. “The greatest democracy, oldest democracy in the world should not be behaving this way.…It’s embarrassing for us to have a government that is so dysfunctional and that has created this artificial crisis.”

And the consequences could be catastrophic. “Suppose the world has decided that [debt ceiling crisis] might happen again and this democracy isn’t quite as solid or thoughtful as we thought it was, so we not going to stop lending to the United  States but we’re going to charge more interest. As the interest bill goes up, two things happen. One is it’s must more expensive for the government to carry this large debt….But more seriously it means that everybody’s interest payment goes up….So we would be paying more on our mortgage, more on our car loans, more on our credit cards, more for business loans and that’s not good for the economy.

It takes nothing away from Rivlin’s considerable intelligence and insight to say that she is expressing the conventional wisdom.

Fast forward a few hours to Bachmann, a congresswoman from Minnesota and Republican presidential candidate, addressing the National Press Club. Bachmann’s position is two-fold:

First, the debt ceiling should not be raised, under any circumstances. No deal could be good enough, Bachmann said, to induce her to do so. “I won’t raise taxes. I will reduce spending and I won’t vote to raise the debt ceiling,” she said. “And I have the titanium spine to see it through.”

Second, the United States will not default. “I want to state unequivocally I think for the world as well as the markets as well as for the American people, I have no doubt that we will not lose the full faith and credit of the United States,” Bachmann said.

Huh? Bachmann accused President Obama of employing “scare tactics” in warning of “catastrophic results for our economy.” But what do she and others in the titanium spine caucus think is going to happen when the United States can’t pay its bills?

Sure, Treasury Secretary Tim Geithner could manage to pay off bondholders. But as Rivlin and others explained, it won’t be too long before the checks due exceed the amount in the coffers.

An analysis by former George W. Bush administration Treasury official Jay Powell by the Bipartisan Policy Center shows that if the administration prioritizes payments to bondholders, Social Security recipients, Medicare and Medicaid providers, defense contractors and unemployment benefits (total $172.7 billion for the month) then it wouldn’t be able to pay another $134 billion worth of bills, including military active duty pay, veterans affairs programs, federal salaries and benefits, food stamps and Pell grants. You can shift around the numbers all you want but the bottom line is that refusing to increase the debt ceiling is not a sustainable option.

Bachman said that “saying no” to an increase in the debt ceiling would be “saying yes to job creation and to the next generation.” Up is down in Bachmann-world. The credit rating agencies are already threatening a downgrade. The grave implications of that are clear, for jobs now and stretching into the next generation with the hangover of higher interest rates.

Bachmann spent a lot of time invoking Ronald Reagan, so here’s one from the Gipper back at her. “The full consequences of a default—or even the serious prospect of default—by the Untied States are impossible to predict and awesome to contemplate,” he wrote to then-Senate Majority Leader Howard Baker in November 1983. “Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The nation can ill afford to allow such a result.”

By: Ruth Marcus, The Washington Post, July 28, 2011

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July 29, 2011 Posted by | Budget, Conservatives, Consumer Credit, Consumers, Debt Ceiling, Debt Crisis, Deficits, Democracy, Economic Recovery, Economy, GOP, Government, Government Shut Down, Ideologues, Ideology, Jobs, Medicaid, Medicare, Politics, Public, Republicans, Right Wing, Social Security, Taxes, Teaparty | , , , , , , , , , , , , , | Leave a comment

Defcon 1 Alert: Debt Ceiling Crisis Reveals GOP’s Suicide Bomber Wing

In  retrospect, the emergence of a suicide-bomber wing of the Republican Party  should’ve seemed obvious.

Why  use such an inflammatory term? What I mean by it is this: They would blow up  the economy to fulfill a mission of otherworldly righteousness.

Their  first attempt to blow up the economy arrived with the defeat  TARP. It was a  reckless subversion of the leadership of both parties  and, at least for a day,  brought equity markets to their knees.

With  ideological bravado to match their breathtaking economic  illiteracy, they  positively relished the impact they could have on our  national life.

Since  then, they’ve become still more emboldened, knocking off an  incumbent  senator in Utah and propping up a  bad joke of a senate  candidate in Delaware.

Last  year’s wave election infested the party with additional scores of suicide  bombers.

In  a repeat of the TARP fiasco, the bomber boys and (and, lest we  forget  bomber-in-chief Michele Bachmann, girls) have, once again, made  it impossible  for congressional leaders to do the right thing. A grand  bargain was in sight—but the itch for destruction overmatched the  desire for reasonable compromise.

We  may yet stumble toward some cobbled-together agreement that staves off a  catastrophe. But  the bombers will be emboldened again.

And  why wouldn’t they be? They’ve got a cheering section among Washington pundits.

The  normally thoughtful Yuval  Levin calls this suboptimal state of affairs, in which Republicans will secure  far less  in deficit reduction than they could have, a “stunning victory.” New  York Post columnist  Michael  Walsh compares the debt ceiling showdown to the Union’s victory at Gettysburg. Most  depressing of all is my former hero George  Will, who calls the Tea Party “the most welcome political development since the  Goldwater insurgency.”

Will  is dead wrong: Ronald Reagan’s election—or rather his  administration—did not  simply bring the “Goldwater impulse” to  “fruition.” It signaled that the  Goldwater impulse had matured into a  governing philosophy—a governing  philosophy that could accept  compromise, could acknowledge reality.

The  Tea Party’s triumph has reversed that process of maturation; a governing  philosophy has degraded back into mere impulse.

Enjoy  your ascendancy while it lasts, Tea Partyers.

But  know this: You are not legislators. You are vandals.

By: Scott Galupo, U. S. News and World Report, July 26, 2011

July 27, 2011 Posted by | Congress, Conservatives, Debt Ceiling, Debt Crisis, Deficits, Democracy, Democrats, Disasters, Economic Recovery, Economy, Elections, GOP, Government, Government Shut Down, Ideologues, Ideology, Journalists, Lawmakers, Politics, Press, Public, Pundits, Republicans, Right Wing, Teaparty, Voters | , , , , , , , , , , | Leave a comment