Monday, July 18, 2011

House Republicans Vote To Return Rivers of Flaming Shit

Republicans in the House vote to return rivers, lakes, and our nations water back to state control, by reversing the Clean Water Act. Back to when states would dump tons of raw sewage in the rivers, such that they were literally oozing rivers of shit. Back to the times when every few years some rivers would catch on fire. Back to the times when rivers couldn’t support any life except for bacteria. Is this the leadership you were looking for, conservatives?

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Thursday, July 07, 2011

Republicans Deceptive About Taxes and the Budget

The Republicans keep arguing that closing tax loopholes and allowing temporary tax-cuts to expire will cause corporations to move and not be able to create jobs. But the fact of the matter is that the United States, even at a 35% corporate tax rate, has the 2nd lowest corporate taxes of all developed nations in the world.

Additionally, most corporations do not actually pay in 35%, but instead take advantage of breaks, loopholes, and deductions that push their actual taxed rate far below 35%…to 21% or 17% or 7% (and sometimes lower). And yes, some companies actually pay NO taxes in the end. In 2009, for example, GE actually got a check back from the government instead of paying anything in taxes.

So, with all these effectively low taxes and tax breaks, what did the majority of these corporations do? They cut jobs.

This should call into question the logic of creating more tax breaks for companies that are presently, regardless of soaring profits and effectively low corporate taxes, shipping jobs overs-seas or eliminating jobs entirely.

The ideology that the Republicans are trying to sell is questionable at best, but flatly a bold-faced lie at worst.

So, we as a nation can afford to give tax breaks to corporations and the wealthy, but we can’t afford to keep schools open or provide police protection in various places. We can afford to put millionaire’s effective tax rate below that of a middle-class individual, but can’t afford to keep Department of Homeland Security offices that police nuclear material being sold on the black market. We can afford to let corporations dodge taxes with tax-haven inside our own borders, but can’t afford to have a group screen our food for deadly strains of E coli.

It seems we as a nation need to sort out our priorities as a people.

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Wednesday, July 06, 2011

Exxon Pipeline Bursts Causing Massive Oil Spill in the Yellowstone River

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An Exxon pipeline burst under the Yellowstone River near Billings, Montana. Exxon is trying to suggest there is no problem...even though there is clearly tons of oil in the river, and tons of wildlife and other environment damage for over 40 miles downstream.

Exxon is making more money than the world has ever seen...to the tune of $5-Million PER HOUR in profit in 2010. But yet they have almost no response to the spill, and no investigation of the leak as of yet. All they are doing is putting up oil booms which have been noted to be largely ineffective for over 60-YEARS!

When are these oil companies going to AT LEAST be held accountable for being lax on safety regulations? Or better yet, quickly responsible for the spill itself?

Tuesday, July 05, 2011

The Mother of All No-Brainers - NYTimes.com

The Mother of All No-Brainers - NYTimes.com

Key paragraphs:

"If the Republican Party were a normal party, it would take advantage of this amazing moment. It is being offered the deal of the century: trillions of dollars in spending cuts in exchange for a few hundred billion dollars of revenue increases."

"But we can have no confidence that the Republicans will seize this opportunity. That’s because the Republican Party may no longer be a normal party. Over the past few years, it has been infected by a faction that is more of a psychological protest than a practical, governing alternative."

"The members of this movement do not accept the legitimacy of scholars and intellectual authorities. A thousand impartial experts may tell them that a default on the debt would have calamitous effects, far worse than raising tax revenues a bit. But the members of this movement refuse to believe it."

"The members of this movement have no sense of moral decency. A nation makes a sacred pledge to pay the money back when it borrows money. But the members of this movement talk blandly of default and are willing to stain their nation’s honor."

"The members of this movement have no economic theory worthy of the name. Economists have identified many factors that contribute to economic growth, ranging from the productivity of the work force to the share of private savings that is available for private investment. Tax levels matter, but they are far from the only or even the most important factor."

"If the debt ceiling talks fail, independents voters will see that Democrats were willing to compromise but Republicans were not. If responsible Republicans don’t take control, independents will conclude that Republican fanaticism caused this default. They will conclude that Republicans are not fit to govern. And they will be right."

- David Brooks, conservative columnist, NY Times