Top Of My Head

Thoughts on everything from Politics to Video Games

Category: President Bush

Tax Cuts and the Rich Republicans

Pay attention – the economy is improving.  Things are getting better.  We are on the right track.  But, if we turn the reins back over to the Republicans, all we’ll hear about for the next two years are cut taxes and gay marriage.  This group of Republicans are probably making Ronald Reagan roll over in his grave.

There entire goal is to be re-elected and once re-elected, it will be pro-business, anti-worker as usual.

Case in point, House Minority Leader John Boehner has said that he will back  “President Barack Obama’s proposal to renew the expiring Bush tax cuts only for those making less than $250,000 if it were his only option.” (Quoted from CNN)  But, that’s not good enough for the rest of his party.

Senate Republican Leader Mitch McConnell thinks that no one should pay any higher taxes next year.  McConnell, also, believes that the people hardest hit in this recession were those who made more that $250,000 per year.  Seriously?  There were a lot of homes in foreclosure in my neighborhood – not one of those families that lost their homes earned more than $250,000 per year.  The people hardest hit were those in the middle and on the bottom rungs of the ladder, not the fancy quarter of a million dollars a year people.

Eric Cantor – R-Virginia – proves that he’s a stand up guy – for the rich:  “I will do everything in my power to stop President Obama and Speaker Pelosi from raising taxes on working families, small business people, and investors.”  Nobody said they wanted to raise taxes on working families – just those people earning more than $250,000 per year.  And, think about that — that’s NET not GROSS.  I know small business owners and they don’t make more than $250,000 per year.

According to Obama, extending the tax cuts for those making more than $250,000 per year will cost the government $700 billion – which would go a long way to fund our military, our schools and put Social Security back on the right track.

The bottom line is this:  Bush gave a huge tax break to the wealthy.  The wealthy in turn said thank you very much and began laying off workers.  Even though the economy is improving and business profits are up, the wealthy is still saying, “We’re not hiring.”  Companies, like Harley Davidson, are asking for drastic concessions from their workers and not promising a thing in return.

Let them pay the higher taxes — they haven’t been hiring with the lower taxes – maybe this’ll give them the swift kick in the rear that they need.

An Economic Truth

For months, I’ve been telling my friends that the bad economy cannot be fixed by the government alone, nor is it the government’s sole fault that we’re in this mess.  Yes, the deregulation that started under Ronald Reagan and continued through Bush I and Clinton before it imploded on Bush II has to take a lot of the blame.  The tax cuts on big business have hurt the economy, as well, even as we hear the battle cries from the far right to cut them some more.

However; the bigger slice of the blame game needs to be laid at the feet of the companies themselves.  Our government is in their pockets and have made it easier for the companies to only look out for themselves in the last thirty years, but We the People have elected them.  As long as companies don’t hire American workers to work in American plants and as long as the American government doesn’t place a high tariffs on non-American made goods coming into this country, we will continue to have high unemployment.

For example, according to this week’s Bloomberg Businessweek (pg.50), Apple employs 25,000 Americans.  Sounds impressive, doesn’t it?  That is until you learn that Apple’s products are made by Hon Hai Precision Industry in China.  Hon Hai Precision (AKA Foxconn) employs 250,000 employees to build Apple products.  Do the math – for every 10 Chinese employee, Apple has 1 lone American employee.

Yes, but Julie, that’s because our unions are demanding such hire wages, I hear you say.

Uh, no.  Unions aren’t as powerful as they once were – for one thing – and for another, you don’t believe that a worker on the factory floor deserves a fair wage for his or her work?  I could get into all that anti-union rhetoric, but I’ll save it up for a later article.  In a nutshell, anyone who lays our economic problems at the feet of unions is someone who has never read a business magazine, gone to college or is making millions as a talking head.

The need and greed for high profits is what’s causing the massive overseas drive of American jobs.  And, because there is no moral hazard – such as taxes or tariffs – companies will continue to drain our population of jobs.

And, it is not just the big companies.

I know of a company with less than 1000 employees – right here in southeast Wisconsin – that has a temporary need for one employee.  Rather than hire an American, they’ve contracted a company in India and now an American employee is training an Indian employee over the phone to do this job. And, it isn’t a call center job.  And, there isn’t a union employee in sight.

Really, Julie?

Yes, really.

In conclusion, this economy has just been brewing for the last ten years, we’ve been shedding jobs for a very long time.  Relaxing the regulations on the financial markets has caused the economy to implode and relaxing tariffs and taxes on corporations – especially those that have been cutting American jobs – has finally killed the American dream.  And, no, the government can’t fix all of it and the people who can – CEOs of corporations – don’t want to fix it.  They don’t care.  They’re too busy laughing all the way to the bank.

Nick Anderson Comic

I signed up to receive comics in my email. I like to start the day with a good laugh.

Anyway, Nick Anderson drew an editorial comic showing a storm cloud in the shape of a question mark with the words ‘Questions about run-up to war’ chasing President Bush, who is riding a bicycle away from the cloud and looking”scared”.

I think Mr. Anderson missed the mark.

President Bush isn’t scared of questions regarding the Iraq War. He isn’t afraid to face them. He may not answer them — He may choose to ignore them, but he isn’t scared of them.

President Bush does not feel that he was wrong about invading Iraq. He believes that 2,000 dead Americans is worth the democracy we have begun over there. If allowed to run free, President Bush would probably invade Iran and begin a democracy there, too.

Dubya, as he is disrespectfully called, truly and honestly believes that God told him to start the war in Iraq. He even said as much in response to Pat Robertson (who believes God told him that the war should not be started). President Bush honestly and to the core believes that he is on the side of justice and righteousness.

So, while I enjoy your editorial comics, Mr. Anderson, in this case, you missed the mark by a long shot.

God Bless.

In the News

Wow, where to begin!?!

President Bush announced today his Supreme Court Justice to replace Sandra Day O’Connor. Her name is Harriet Miers. She is sixty years old and has never been a judge. Let me repeat that last part, just in case you missed it. She has NEVER been a judge.

I’m not so sure I like that idea. I will stand by my statement regarding John Roberts that I wasn’t too sure he could serve because he hadn’t been a judge long enough and this new appointee hasn’t been a judge at all.

I’ll give Bush credit — she is a smart choice, as Roberts was. No rulings, nothing bad to report during the confirmation hearings, except, now we have a Supreme Court where two members have little or no experience and one of those members is the Chief Justice of the United States!

Another interesting tidbit…

Friday, I wrote in my blog that Cathy Stepp, for the most part, had lied about co-sponsoring the Eminent Domain bill in the State Senate. Today I read in the Milwaukee Journal Sentinel that State Senator Stepp will not seek re-election, citing that she wants to spend more time with her family. Hmmmm, did my blog run her out of office?

Well, I can dream, can’t I? I’m sure my blog had nothing to do with it. I do have to admit that it is a little bit of a letdown. I was looking forward to helping John Lehman beat her in the state senate race. Hmmmm, now what will I do? According to the blip in the Milwaukee paper, two possible candidates to replace Stepp are Racine County Executive Bill McReynolds and first-term Rep. Robin Vos. I don’t know much about either of them, but I’ll do some research and get back to you on it.

And, finally, for today, a rant against the right-wing. Cindy Sheehan visited New Orleans and wrote a blog piece for Michael Moore’s website. In it she stated, “pull our troops out of occupied New Orleans”. That’s it. They don’t tell you the end or the beginning of the quote. Pulled out of context, this sounds like a nutty idea from a left-wing nut. Even I thought it was crazy, but I (unlike the right-wingers who will pass this information around the Internet and hail it as if it is Gospel) did the research and read the entire blog. Just in case you, my gentle readers, come across the line, I wanted you to be able to read the whole piece for yourselves. Don’t just listen to my rants, form your own independent opinion and judge for yourself.

Wow — Isn’t that a refreshing idea?

Oh, wait, hold the phone, one last item. While on Michael Moore’s website, I found a link to a site called Books for Soldiers. What a great idea. The soldiers request DVDs, books, etc. and volunteers send the items to them. Help support our troops in this manner and check out the site. I’m going to leave this information up for you.

God Bless,

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