Category Archives: Politics

A Primer On The National Debt From Reagan’s Economic Advisers.

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Teapublicans have elevated Ronald Reagan to God-like status. They have named a Washington D.C. airport after him. They worship at his presidential library. They even want to add his image to Mount Rushmore National Monument.

So why don’t they follow his economic example?

This has never been more puzzling than during the current debt ceiling debate. Under Reagan, Congress was forced to raise the debt ceiling 17 times. But under Obama, Teapublicans refuse to raise the debt limit even once. To save Social Security, Reagan raised the income cap on FICA deductions. But under Obama, Teapublicans want to destroy Social Security, Medicaid and Medicare. Reagan raised capital gains taxes to 28 percent. But under Obama, Teapublicans consider the current rate of 15 percent too high. Under Reagan, the highest income tax rate was 50 percent or more. But under Obama, the highest rate is 35 percent. And under Reagan, tax revenues averaged 18.2 percent of GDP. But under Obama, tax revenues are just 14.9 percent of GDP as reported by the conservative Heritage Foundation.

Indeed, former Reagan Policy Adviser, Bruce Bartlett, recently stated on MSNBC’s Hardball with Chris Matthews, “The dirty secret is that Obama’s a moderate conservative.“ Further, he noted that $7 trillion of the national debt is due to George W. Bush’s policies and tax cuts. $2 trillion is due to the Great Recession that President Obama inherited. And only $1.4 trillion of the debt is due to Obama’s policies, including the measures taken to keep our economy from sliding into the abyss.

And speaking about the Teapublican refusal to increase revenues as part of their plan to cut the deficit, the father of “Reaganomics” and former Reagan Budget Director, David Stockman, said, “When I look at the Republican plan, I have to say I think it’s half right on some things, and it’s half-baked on a lot of others… you’re telling the people of America that we can solve this issue – which is very dangerous, the deficit that we’re facing and the debt we’re building up – by not raising taxes on anyone. That, in my judgment, is a big lie.”

Bartlett was even stronger in response to a question about the Teapublican-dominated Congress. “A good chunk of the Republican caucus is either stupid, crazy, ignorant, or craven cowards who are desperately afraid of the Tea Party people. And rightly so,” he said.

Economic Terrorism

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Remember when the Teapublicans were running for office last November? They hammered Democrats for not creating jobs fast enough and promised to have a laser-like focus on the economy. Well, I guess you could say they were telling the truth. But who knew they were actually referring to a laser site on an assault weapon aimed at killing the economy entirely?

Since the debt ceiling first became an issue in January, Teapublican antics have already had a disastrous effect. The lingering debate over the debt ceiling has caused many employers to question the outcome. As a result, they have delayed hiring and any new expenditures. In recent days, the stock markets are down dramatically. And new data has shown that the economy grew at a pitiful rate in the first quarter of this year. All of this is the result of uncertainty.

Now imagine what will happen if Teapublicans actually fail to raise the debt ceiling. Or if they succeed in making the draconian cuts they want.

How much will the stock markets crash if the US defaults on its debts? What will be the long term effects if US Treasury bonds are downgraded? What will happen when consumer interest rates skyrocket? What will be the economic effect of failing to make Social Security payments? How many people will die if doctors know they won’t be reimbursed by Medicare?

Truth is, the Teapublicans now controlling our debt ceiling debate may well have a greater negative impact on our nation than Timothy McVeigh, Al Qaeda and the Taliban combined.

An Economic Lesson For Teapublican Nincompoops

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Upon discussing the debt crisis with some conservative friends, I realized that few of them know the difference between the national debt, the budget and the deficit. Like Michelle Bachmann and other Teapublicans, they wrongly believe that refusing to increase the debt ceiling will result in cutting spending and reducing taxes.

Faced with such stupidity, it’s difficult to know where to begin. But I’ll start with some definitions:

Budget – The annual spending plan authorized by Congress based on anticipated revenue and anticipated spending needs. (For Teapublicans, a budget is the money that Congress authorizes the President to spend.)

Deficit – The negative difference between actual spending and actual revenue.

Surplus – Thanks to Bush, we haven’t seen one of these since the Clinton era. But just for the sake of conversation, a surplus is the positive difference between actual revenue and actual spending.

National Debt – The accumulation of deficits from our nation’s history. It is money that has already been spent.

Debt Ceiling – This is an arbitrary number established by Congress based on paranoia. Since the 1970s, the debt ceiling has been raised more than 70 times; 17 times by Reagan and 7 times by George W. Bush.

Now here’s where it gets really difficult. Failing to raise the debt ceiling will cut spending. But only because there will not be enough money to pay our bills. It forces the Secretary of Treasury to decide which bills to pay; money that Congress already agreed to spend. Failing to raise the debt ceiling will effectively cause the US to default on its bills. (For Teapublicans like Bachmann, Cantor and Palin, it’s as if you went on a spending spree at Walmart and then decided not to pay your credit card company.)

In effect, failure to raise the debt ceiling turns the US into a bunch of deadbeats. Other nations and individuals will not want to invest in our country. Interest rates will rise dramatically. And world stock markets will crash. Indeed, most experts say default will make the Great Recession of 2008 seem like…well…like a tea party.

Republicans In Denial (As In Denial Of Any Democrat Proposal)

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Today, Congressional Republicans pulled out of negotiations to resolve the deficit.  And (here’s a shocker) they blamed Democrats.  Their reasoning is that Democrats insist on tax increases rather than merely relying on more than $1 trillion in cuts to Medicare and other programs. 

“Let me be clear.  Tax hikes are off the table,” said House Speaker John Boehner. 

So, according to Republicans, even though the major cause of the deficit is the Bush era tax cuts (primarily for the wealthy), the only way to cut the deficit is by cutting spending for Medicare, Medicaid, Social Security, Planned Parenthood, Public Broadcasting, the Environmental Protection Agency, the Consumer Protection Agency, the Department of Education, etc.  At the same time, Republicans refuse to consider cuts to subsidies for Big Oil and corporate agriculture which they say would be tax hikes.  Of course, they also want to repeal the Affordable Care Act and repeal regulations on the financial industry.

So according to Republicans, when it comes to deficit negotiations, everything is on the table.  Except anything that Democrats want.

I guess that’s what passes for “bipartisan negotiations” these days.

Warring States

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The current debate about withdrawing troops from Afghanistan and Iraq, and the anniversary of Daniel Ellsburg’s release of Pentagon papers started me thinking about our history of wars. When I looked it up, I was stunned!

Since our Declaration of Independence, the United States of America has been almost constantly at war. In fact, not counting the Cold War and relatively minor deployments intended to protect American “interests” abroad, the US has been at war all but 33 years of its 236 year history!

Now you may try to justify those wars (as I used to) by assuming they were the result of our desire to spread democracy around the world and to defend human rights.

You could use that argument. But you’d be wrong.

After wresting the continent away from Native Americans, Great Britain, France, Spain, Russia, and Mexico, our military has spanned the globe. Few of our enemies actually attacked us. More often, wars resulted from a perceived threat to our future and security, especially that of our large corporations. Following is a partial list of military actions involving the US:

1775-83 – Revolutionary War
1776-1915 – Indian Wars
1798-1800 – Quasi-War (undeclared naval war with France)
1801-05 – First Barbary War
1806-10 – Mexico
1810-18 – War with Spanish Florida
1812-15 – War of 1812
1815 – Second Barbary War
1824 – Puerto Rico
1838-39 – Indonesia
1840 – Fiji Islands
1841 – Samoa
1843 – China
1844-48 – Mexican-American War
1853-54 – Japan
1854 – Nicaragua
1857-58 – Utah War (dispute with Mormons)
1859 – Mexico
1861-65 – Civil War
1863-64 – Japan
1866 – Mexico
1866 – China
1867 – Nicaragua
1868 – Japan
1871 – Korea
1873-96 – Mexico
1889 – Kingdom of Hawaii
1893 – Kingdom of Hawaii
1898 – Spanish-American War
1899-1913 – Phillipine-American War
1900 – China (Boxer Rebellion)
1914-17 – Mexico
1915-34 – Haiti
1917-18 – World War I
1918-19 – Mexico
1918-20 – Soviet Union
1941-45 – World War II
1945 – China (vs. Japanese)
1950-53 – Korean War
1955-75 – Vietnam
1957-75 – Laos
1965 – Dominican Republic
1968 – Laos & Cambodia
1975 – Angola
1983 – Grenada
1989 – Panama
1991 – Gulf War
1992-96 – Bosnia and Herzegovina
2001-present – Afghanistan
2003-present – War in Iraq

Moreover, since the end of World War II our military, led by the Central “Intelligence” Agency, has overthrown numerous democratically-elected leaders throughout the world. As a result of this incessant meddling, millions have been imprisoned, tortured and killed. For example:

1953 – In Iran, the CIA overthrew democratically-elected Mohammed Mossadegh and replaced him with a brutal dictator, the Shah of Iran.
1954 – In Guatemala, the CIA overthrew democratically-elected Jacob Arbenz after he threatened to nationalize the United Fruit Company, in which CIA Director Allen Dulles owned stock. The right-wing dictators who replaced Arbenz killed more than 100,000 Guatemalans.
1957-73 – In Laos, the CIA carried out approximately one coup a year trying to nullify Laos’ democratic elections.
1959 – In Haiti, the U.S. military helped “Papa Doc” Duvalier become dictator.
1961 – In Dominican Republic, the CIA assassinated Rafael Trujillo, a brutal dictator supported by Washington. But only after his business interests began competing with our own.
1961 – In Ecuador, CIA-backed military forced democratically-elected President Jose Velasco to resign.
1961 – In Congo (Zaire), the CIA assassinated democratically-elected Patrice Lumumba.
1963 – In Dominican Republic, the CIA overthrew democratically-elected Juan Bosch and installed a repressive, right-wing junta.
1963 – In Ecuador, CIA-backed military overthrew President Arosemana. A military junta assumed command and began abusing human rights.
1964 – In Brazil, a CIA-backed military coup overthrew democratically-elected Joao Goulart and replaced him with a brutal junta.
1965 – In Dominican Republic, a popular rebellion tried to reinstall Juan Bosch. The revolution was crushed by CIA-led U.S. Marines.
1965 – In Indonesia, the CIA overthrew democratically-elected Sukarno. His successor, General Suharto, massacred 500,000 to 1 million civilians.
1965 – In Greece, with CIA backing, the king removed George Papandreous as prime minister for failing to support U.S. interests in Greece.
1965 – In Congo (Zaire), CIA-backed military installed Mobutu Sese Seko who exploited his country for billions.
1967 – In Greece, CIA-backed military overthrew the government two days before elections. The ensuing “reign of colonels,” backed by the CIA, tortured and murdered political opponents.
1967 – In South Vietnam, the CIA helped identify and murder 20,000 alleged Viet Cong leaders.
1969 – In Uruguay, notorious CIA torturer Dan Mitrione ascended to power becoming so feared that revolutionaries kidnapped and murdered him a year later.
1970 – In Cambodia, the CIA overthrew popular Prince Sahounek and replaced him with Lon Nol. The move strengthened the Khmer Rouge, which rose to power and massacred millions.
1971 – In Bolivia, CIA-backed military overthrew leftist President Juan Torres. He was replaced by Hugo Banzer who had more than 2,000 political opponents arrested, tortured, raped and executed.
1973 – In Chile, the CIA assassinated democratically-elected Salvador Allende. He was replaced by General Augusto Pinochet, who tortured and murdered thousands of his own countrymen.
1975 – In Angola, the CIA helped launch a war killing more than 300,000 Angolans.
1979 – In Nicaragua, following the fall of CIA-backed Anastasios Samoza II, the remnants of his personal National Guard became the Contras, who fought a CIA-backed guerilla war against the Sandinista government.
1980 – In El Salvador, following the murder of Catholic Archbishop Oscar Romero, the country dissolved into civil war. CIA-trained death squads roamed the countryside, committing atrocities and killing 63,000 Salvadorans.
1983-89 – In Honduras, the CIA taught Honduran military officers how to torture people. The notorious “Battalion 316” used the techniques on thousands of leftist dissidents.
1986 – In Haiti, following the exile of “Baby Doc” Duvalier, the CIA rigged elections in favor of another right-wing military strongman. The CIA-created National Intelligence Service (SIN) suppressed popular revolt through torture and assassination.
1990 – In Haiti, after leftist priest Jean-Bertrand Aristide captured 68 percent of the vote he was deposed by CIA-backed military which brutalized the country.
1993 – In Haiti, as chaos grew, military dictator, Raoul Cedras, is removed on threat of U.S. invasion. Aristide is returned to power only after being forced to accept an agenda favorable to the country’s ruling class.

Here’s an idea. If Americans are as serious about wanting peace as most claim, maybe we could stop meddling in the internal politics of other nations. Then we could take half of our massive defense budget to solve real problems like poverty, climate change, diminishing energy resources, air and water pollution, and health care.

But given our propensity for war, that will probably be viewed as unpatriotic.

Who Really Cares About Weiner’s Wiener?

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Okay, enough already! We all know Congressman Anthony Weiner did something dumb and distasteful. But enough is enough! Yes, he tweeted pictures of the little wiener to a few adult women on Twitter. Yes, he got married after the exchanges began. And, yes, he lied about his indiscretion after Republican hit man, Andrew Breitbart (purveyor of false claims against ACORN, Planned Parenthood and Shirley Sherrod), made the photos pubic…er, public.

But for more than a week, the Weiner story has dominated the news. The story has pushed aside debates over the federal debt limit, Medicare, and jobs programs. Can you for a moment imagine Edward R. Murrow, Walter Cronkite, Eric Sevareid and David Brinkley reporting this story daily?

Where is the media’s sense of fairness and proportionality?

What Congressman Weiner did was show his body to a few women in what is supposed to be a private medium. He didn’t distribute the photos to the masses (Mr. Dumbart and the media did that). He didn’t have a physical relationship with those women. And though he may have intellectually cheated on his wife, he didn’t have a physical affair (as former Republican Senator John Ensign did). He didn’t hire prostitutes (as current Republican Congressman David Vitter did). He didn’t use the Internet to solicit sex (as former Republican Congressman Christopher Lee did). He didn’t dump his wife as she was fighting cancer (as former Democratic Senator John Edwards and former Republican Congressman Newt Gingrich did). And though Congressman Weiner lied to cover the truth, he didn’t have his mother write a $96,000 check as a bribe for silence (as former Republican Senator John Ensign has been accused of doing).

Yes, Congressman Weiner’s actions constitute a legitimate news story or two. But more than a week? It’s as if Lindsay Lohan had just been elected to Congress!

With the exception of media coverage of John Edwards, stories of indiscretions of all the other ethically-challenged elected officials combined haven’t equaled the media attention of Weiner’s wiener. And when is the last time you saw a story of Congressional corruption receive this kind of coverage?

One has to ask the question, Why? Does the public really regard the Congress-man’s behavior as that egregious? (According to polls in the Congressman’s district, the answer appears to be no.) Was his behavior worse than the aforementioned perpetrators’? (The answer has to be that cybersex between adult individuals does not rise to the level of actually breaking the law or physically cheating on one’s spouse.)

So why the non-stop media frenzy? I submit that the lazy and sensation-driven media have, once again, been manipulated by Breitbart and Fox News Channel. And in their rush for damage control, Democratic leaders have, once again, fallen into the conservatives’ trap by piling on with their own calls for Weiner’s resignation.

To put an end to the story, Congressman Weiner should tell the media that he will announce his resignation the day after Congressman Vitter resigns and after both Democratic leaders and sanctimonious Republicans censure all of those who have done worse.

That ought to shut them up.

Run, Sarah, Run!

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The One Nation bus tour planned by Sarah Palin beginning this Memorial Day weekend is promising. Combined with news that a new film about the lipsticked pit bull will soon be released in Iowa, it would seem to indicate that the half-witted former half-governor is readying a presidential campaign.

Oh, please, please let it be so!

Palin’s run for president is certain to make the Republican primaries far more entertaining. One can already hear the debates between Palin and Bachmann. Not only are they likely to spew each other with mis-informed blather. They will create jobs by expanding the number of people employed by the fact-checking industry at least ten-fold.

But in our excitement at the prospects, we shouldn’t overlook Rick Santorum. His Google results will do wonders to educate mainstream America about gay sex. Indeed, all of these candidates will enliven the political race which heretofore seemed to echo Dumb and Dumber. But with these candidates, the Republican primaries will more closely parallel Jackass The Movie in 3D.

Now if we can only get The Donald to extract his feet from his mouth so he can jump into the ring…

A Proposed Itinerary for Sarah’s One Nation Tour.

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Now that Sarah Palin has announced her One Nation American history tour, I’d like to suggest a few locations for her to visit:

1. – Niagara Falls where she actually can see another country from US soil.
2. – New York City where she can visit the offices of all the newspapers and magazines she hasn’t read. (I hear Katie Couric may be available to lead the tour.)
3. – In New York she should also visit the United Nations where she suspects all those commies are plotting to take over the US.
4. – She should hail a cab in New York and chat with a driver named Ahmed to learn more about the Muslims she seems to fear so much.
5. – Lexington, Massachusetts where she can re-enact the ride of Paul Revere to raise alarms that the Socialists are coming. The Socialists are coming!
6. – Boston where she can talk to residents about the death panels and mandates of Romneycare.
7. – Vermont where she can learn about real socialized medicine which is about to be instituted in the state.
8. – Monticello, the home of Thomas Jefferson where she can learn that Jefferson, like many other founding fathers, was not Christian.
9. – Washington, DC where she can see the original Constitution. (We can only hope she’ll actually read it sometime.)
10. – Finally, Philadelphia where she can meet the original crackpot of American politics – the Liberty Bell (my apologies to the Liberty Bell).

An Endorsement No One Should Welcome

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The Houston Chronicle’s Fuel Fix blog reports that Richard “The Dick” Cheney is gaga over Congressman Paul Ryan.  “I worship the ground he walks on,” said Cheney.  “I hope he doesn’t run for president because that would ruin a good man who has a lot of work to do.”

If voters didn’t already have enough reason to be wary of Ryan following his attempt to gut the Medicare program, this should raise some even larger red flags. Whatever, or whomever, Cheney favors is almost certain to mean greater largess for corporations (especially big oil) and trouble for ordinary working people.

Republican Agenda Has Never Been More Clear.

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Following the vote by House Republicans to cut Medicaid and turn Medicare into a certain-to-fail voucher system, Senate Republicans filibustered a bill that would end oil subsidies to the most profitable companies on Earth.  They followed that by doing the same to a bill that would end subsidies for Ethanol.

In doing so, Republicans have made it abundantly clear that they don’t care about cutting the deficit.  Not really.  If they did, they would gladly trim these subsidies from our budget resulting in savings of billions of dollars.

As evidenced by their assault on Medicare, Medicaid, Social Security, unemployment insurance, education, women’s health providers, the environment, labor unions, first responders and teachers, they certainly don’t care about ordinary citizens.

What Republicans do seem to care about is protecting the profits of their corporate masters. You know, the large corporations that were given all the rights of citizens by the conservative-dominated Supreme Court so they could anonymously spend millions to elect Republican candidates.

The connection couldn’t be more obvious.