Friday, October 12, 2012

Nobody asked me, but...

By Carl 

(Note to The Reaction readers: this is a weekly feature at my own blog, Simply Left Behind, where I whip through stories you might have missed this week. I thought I'd share today, given last night's events.) 

1) Just in case you missed it, IMMORTALITY!

2) I loved Joe Biden's deconstruction of Paul Ryan last night, particularly when he all but called Grover Norquist a traitor to America:

And instead of signing pledges to Grover Norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class we're going to level the playing field; we're going to give you a fair shot again; we are going to not repeat the mistakes we made in the past by having a different set of rules for Wall Street and Main Street, making sure that we continue to hemorrhage these tax cuts for the super wealthy.

Subtext? A pledge to Norquist trumps the Pledge of Allegiance. Beatifully done.

3) About all Paul Ryan had to do was to rip his shirt off and start flexing, if he wanted to come off anymore immature and shallow.

4) Your word of the day: Malarkey. When a politician wants to say "bullshit" but the cameras are rolling.

5) If I had been Biden, I would have argued even more forcefully, particularly on tax cuts. For instance, during the Bush years, taxes on the wealthy were at the lowest they've been since Hoover, yet Bush only managed to create 2.3 million new jobs, a figure Obama eclipsed inside of 18 months by passing middle class tax relief (the Social Security suspension), and when "Jack" Kennedy -- something else I would have called Ryan on -- lowered tax rates, the highest marginal rate was 70%, not 38%.

But you'll also note that America's greatest achievements came before Kennedy did that: the interstate highway system, Social Security, rural electrification, the Tennessee Valley Authority, the GI Bill, the Marshall Plan, leaps ahead in public education that benefitted Paul Ryan, Mitt Romney, Barack Obama, and Joe Biden. All of these came about when marginal rates topped out at 90%.

Let me say that again. They occured with taxes reaching as high as 90%. And even under Kennedy, the space program was developed and the moon landed on when taxes were 50%.

America will never lead the world the way it did post-World War II until we recreate those conditions.

6) Just how desperate are our times? The European Union, as a whole, won the Nobel Peace Prize today. 

7) Mitt Romney's timing is impeccably awful, yet again. Even before he shifts focus to China artificially manipulating the yuan to hurt America, the yuan skyrockets on currency markets, improving our economic outlook and bringing more jobs back to America.

8) Note to my L.A. readers: that is not E.T. on Crenshaw.

9) More evidence that water existed on Mars came yesterday. 

10) Finally, apparently you can buy too much toilet paper in New Jersey. Better alert Gov. Christie. I think his quota may be past.

(Cross-posted to Simply Left Behind.)

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1 Comments:

  • I guess "malarkey" is an east coast thing. It's "baloney" here in California. Regardless of the word, Republicans are the same all over.

    By Anonymous Frankly Curious, at 11:50 AM  

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