Offering truth beyond the mere black and white.
"Pessimism of the intellect, optimism of the will." -- Antonio Gramsci "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." -- John Kenneth Galbraith "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell
Sunday, February 08, 2009
How a national home insulation plan would boost the economy, cut down on greenhouse gas emissions, and save consumers billions of dollars over the years. An investment that would have a multi-pronged payoff. Alas, there's not a shot the GOP would support such a sensible idea. It needs to be much more idiotic and imprudent for the Republicans to go for it.
Reminder from 2004 (prescient): 60% of U.S. corporations paid zero taxes from 1996-2000 (hardly a period of recession). 94% of corporations had a tax liability of less than 5% of income. "...any benefit working families have received from the Bush tax cuts has been more than offset by the additional tax burden they must bear because corporations no longer pay their fair share of taxes." And yet Republicans now want to push through even more tax cuts.... Insanity.
On Friday morning, Steve Benen wrote, "The Senate bill grew, not by additional stimulus spending -- the chamber narrowly defeated a measure to expand infrastructure investment -- but by adding $94 billion in tax cuts. The Nelson/Collins group, to make the package 'palatable,' isn't eyeing the tax breaks that aren't stimulative, they're eyeing about $100 billion in spending that is stimulative." So they were looking to add about $100 billion in tax cuts and subtract about $100 billion in spending, or about a $200 billion swap. The original plan was already too small when it came to stimulus spending and the Senate compromise version is even smaller. Paul Krugman says "this is really, really bad."
It's about time they admitted to it: Rep. Sessions (R-TX) urged the GOP to become more like the Taliban. The party of crazies.
Keith Olbermann's Special Comment to Dick Cheney is an absolute must-view: