Budgeting in the United States of Me

Taxes are a lot like salaries. If you paid someone $1 million a day (oh wait, we do) they’d scream bloody murder they should’ve gotten $1,ooo,ooo.o1. If you taxed someone 1%, they’d whine they shouldn’t have to pay more than 000.1%, with those whining the loudest being the people with the lowest tax rates and highest pay.

Perhaps the most oft-repeated charge against Obama bin Karl Marx and the Democrat Politburo is that they’re dangerous socialists. But according to a recent story from CNBC, a funny thing happened on the way to the Kremlin. If you look at their list of the 10 most socialist states, there’s a whole lotta red in Governors’ mansions. In fact, six of 10 governors sport big red Rs next to their names. BTW, the People’s Republic of California didn’t even make the list.

All the tri-cornered hats and tea bags notwithstanding, the charge that most states are tax and spend Central Bureaus is shaky too.

Despite the screeching about high taxes, Americans enjoy some of the lowest taxes in the western world. American companies pay the second highest taxes, but they don’t mention their taxes are high because American companies gorge on taxpayer-funded corporate welfare far more damaging than the most greedy, imaginary, Cadillac-driving welfare queen.

American Productivity: The Bee’s Knees
They also don’t say they’re not leaving the US so much because of high taxes, but because they can hire workers from Third World countries at pennies on the dollar relative to Americans workers. Oh yeah, American workers who are generally rated as some of the most productive in the world.

The uber-capitalist view on this is that government is inherently inefficient and can’t be trusted with a dollar and there is massive fraud out there to be picked like leaves from the Liberty Tree. However, everyone’s favorite tax and spend worker’s paradise, California, has the lowest number of employees per 10,000 residents.

And when it comes to California’s current economic pickle, it’s useful to remember that if California were a country, its economy would be the eighth largest in the world – somewhere around the size of Spain’s. Fixing California’s problems is as difficult as fixing the two national economies that’ve already gone off the edge – Iceland and Ireland. BTW, both have smaller economies than California’s. But take heart don’t tax and spender conservatives, if Ireland goes, we could overtake Spain. USA! USA! USA!

Plus, a remnant from the last misguided tax revolt is a draconian tax and spend process worse than the broke Eurotrash’s. You may have heard of it, Prop 13. Prop 13 makes it extremely difficult to raise taxes to support social programs, infrastructure projects, and most importantly, education. So, California’s educational system has dropped from best in the nation to sub-Alabama levels since its introduction, its roads look like mule trails to the Hindu Kush, and social and educational programs have taken the biggest hits in the sausage slicing process…in a state with more poor people than any other.

Rid the government of fraud you say?

That’s a dandy idea, but none of our erstwhile CEO/politicians can explain how much there is, where it is, or how to cut it. BTW, if we removed of all of it, the spending effect – like banning earmarks – would be like pissing into a hurricane.

Of course we could start cutting the continued contracts with known fraudsters like, Blackwater/XE, Halliburton, and dozens of others carbuncles on the ass of the American economy. But hey, what do I know…except that having worked in both the public and private sectors I can vouch for the fact that fraud, abuse, and waste in corporate America is roughly the same in government America after being scaled to their relative sizes.

Moossilini and the Gajillionaire
Yes, people have a right to complain when their tax money isn’t spent wisely and no one wants to pay any more than necessary (excepting gajillionaire Warren Buffet, but you know how crazy the unbelievably rich are). But there’s the rub. One man’s waste is another man’s essential. If it were easy, we wouldn’t have a problem – even if Moosilini says it is. Still, that doesn’t mean we shouldn’t try.

Yet, you can bet that when it comes to the cutting, some of the same folks who now complain righteously, albeit incorrectly, aren’t going to be happy.

Do you think that Granny holding the “Get Rid of Obamunist” sign is going to be happy when the people she voted for decide that her Social Security and Medicare are wasteful perks? How about those who are ready to send Junior off to college only to find that all that grant money went poof? And when Mom gets e-coli from some ConAgra-raised hamburger, treated with bum drugs, and it eventually kills her (without even the courtesy of a death panel) the FDA doesn’t look so wasteful anymore.

We are all Americans and part of the responsibility of every American is to chip something in for the common good of the nation – or we would be called the United States of Me.

Stop yelling about how bad you’ve got it.

You could be working 14 hours a day in an Indonesian sweatshop to make shirts you’ll buy on the cheap at Walmart.

Always low prices…Always.

Cross posted at The Omnipotent Poobah Speaks!

Budgeting in the United States of Me

Taxes are a lot like salaries. If you paid someone $1 million a day (oh wait, we do) they’d scream bloody murder they should’ve gotten $1,ooo,ooo.o1. If you taxed someone 1%, they’d whine they shouldn’t have to pay more than 000.1%, with those whining the loudest being the people with the lowest tax rates and highest pay.

Perhaps the most oft-repeated charge against Obama bin Karl Marx and the Democrat Politburo is that they’re dangerous socialists. But according to a recent story from CNBC, a funny thing happened on the way to the Kremlin. If you look at their list of the 10 most socialist states, there’s a whole lotta red in Governors’ mansions. In fact, six of 10 governors sport big red Rs next to their names. BTW, the People’s Republic of California didn’t even make the list.

All the tri-cornered hats and tea bags notwithstanding, the charge that most states are tax and spend Central Bureaus is shaky too.

Despite the screeching about high taxes, Americans enjoy some of the lowest taxes in the western world. American companies pay the second highest taxes, but they don’t mention their taxes are high because American companies gorge on taxpayer-funded corporate welfare far more damaging than the most greedy, imaginary, Cadillac-driving welfare queen.

American Productivity: The Bee’s Knees
They also don’t say they’re not leaving the US so much because of high taxes, but because they can hire workers from Third World countries at pennies on the dollar relative to Americans workers. Oh yeah, American workers who are generally rated as some of the most productive in the world.

The uber-capitalist view on this is that government is inherently inefficient and can’t be trusted with a dollar and there is massive fraud out there to be picked like leaves from the Liberty Tree. However, everyone’s favorite tax and spend worker’s paradise, California, has the lowest number of employees per 10,000 residents.

And when it comes to California’s current economic pickle, it’s useful to remember that if California were a country, its economy would be the eighth largest in the world – somewhere around the size of Spain’s. Fixing California’s problems is as difficult as fixing the two national economies that’ve already gone off the edge – Iceland and Ireland. BTW, both have smaller economies than California’s. But take heart don’t tax and spender conservatives, if Ireland goes, we could overtake Spain. USA! USA! USA!

Plus, a remnant from the last misguided tax revolt is a draconian tax and spend process worse than the broke Eurotrash’s. You may have heard of it, Prop 13. Prop 13 makes it extremely difficult to raise taxes to support social programs, infrastructure projects, and most importantly, education. So, California’s educational system has dropped from best in the nation to sub-Alabama levels since its introduction, its roads look like mule trails to the Hindu Kush, and social and educational programs have taken the biggest hits in the sausage slicing process…in a state with more poor people than any other.

Rid the government of fraud you say?

That’s a dandy idea, but none of our erstwhile CEO/politicians can explain how much there is, where it is, or how to cut it. BTW, if we removed of all of it, the spending effect – like banning earmarks – would be like pissing into a hurricane.

Of course we could start cutting the continued contracts with known fraudsters like, Blackwater/XE, Halliburton, and dozens of others carbuncles on the ass of the American economy. But hey, what do I know…except that having worked in both the public and private sectors I can vouch for the fact that fraud, abuse, and waste in corporate America is roughly the same in government America after being scaled to their relative sizes.

Moossilini and the Gajillionaire
Yes, people have a right to complain when their tax money isn’t spent wisely and no one wants to pay any more than necessary (excepting gajillionaire Warren Buffet, but you know how crazy the unbelievably rich are). But there’s the rub. One man’s waste is another man’s essential. If it were easy, we wouldn’t have a problem – even if Moosilini says it is. Still, that doesn’t mean we shouldn’t try.

Yet, you can bet that when it comes to the cutting, some of the same folks who now complain righteously, albeit incorrectly, aren’t going to be happy.

Do you think that Granny holding the “Get Rid of Obamunist” sign is going to be happy when the people she voted for decide that her Social Security and Medicare are wasteful perks? How about those who are ready to send Junior off to college only to find that all that grant money went poof? And when Mom gets e-coli from some ConAgra-raised hamburger, treated with bum drugs, and it eventually kills her (without even the courtesy of a death panel) the FDA doesn’t look so wasteful anymore.

We are all Americans and part of the responsibility of every American is to chip something in for the common good of the nation – or we would be called the United States of Me.

Stop yelling about how bad you’ve got it.

You could be working 14 hours a day in an Indonesian sweatshop to make shirts you’ll buy on the cheap at Walmart.

Always low prices…Always.

Cross posted at The Omnipotent Poobah Speaks!

Kudlow: You Can Hug and We Won’t Ask, If You Don’t Tell

First, it was the terrorist fist bump between the POTUS and FLOTUS. Then came that scandalous bow to the Saudi King. Now, we have the bro hug between Rahm Emanuel and Obama. Could these complaints GET any dumber? It’s like a freakin’ dispute over flag pins … on steroids.

CNBC goob, Larry “Loud Suit” Kudlow, has found it inexcusable that the two shared a hug when Emanuel left the White House. His complaint was that the hug was somehow unpresidential – unlike the double-cheeked smooches every other potentate in the world unloads onto a shocked worldwide audience.

Was it as unpresidential as the time the Pretzel Choker-in-Chief locked himself in a room during a trip to China and then mugged it up for the cameras? Or, how about the time he gave the unwanted back rub to Angela Merkel or carried on discussions with his willing dupe, Tony Blair, while open-mouthed chomping a dinner roll in a blizzard of French bread crumbs? Bush had the manners of a cowboy – a cowboy born in a barn in a cradle of horse apples at that. I heard rumors he farted at state dinners and followed up with the old, “the one who smelled it, dealt it” gambit too.

Remember folks, you heard it here first.

Now I know that Big Screaming Heads like Kudlow aren’t subject to the same stringent rules under which Presidents labor. If they were, the markets would collapse every time they screamed their inane “financial” analysis over top of every guest the crapweasels host.

Hey, wait a minute! They did collapse! KUDLOOOOOOOOWWWWWWW!

As long as we’re going with the insulting stupid, what about Kudlow’s clothes? Bravo needs to reprise an episode of Queer Eye for the Straight Guy to get the sartorially challenged asscake some help. Those horizontal striped ties go so well with his Mafioso striped suits. He looks like a damn TV test pattern.

Have you seen him in HD? It’s a truly frightening experience in the same way IMAX theatres make people bilious.

Kudlow, it’s time for you to learn to luv the hug. It’s time for you to troop over and visit that other offensive CNBC jackwad, Jim Cramer.

Here’s my boffo idea for ending each segment. When Cramer stops his crack-induced diatribes, and after he’s shut off the bull grunts, bear growls, cowbells, and explosions – hug him. Just a little. Maybe a hug combined with a manly handshake or perhaps an NFL-style butt grab. Then, glory in it. Feel the freedom? Feel the tender moment of true friendship? It’s OK even if you feel a little wood – a twig really, nothing ostentatious that would clash with your suit.

If you try it just once, I know you’ll like it.

Then again, humanity isn’t your game, is it?

Cross posted at The Omnipotent Poobah Speaks!

A.W.O.L on Comcast/NBC Merger: Olbermann, Maddow, Schultz, Matthews

 

--I heard the news today, oh boy, About a lucky man who made the grade...He blew his mind out in a car, He didn't notice that the lights had changed..-- (Sgt Pepper, The Beatles, 1967)

The Telecommunications Act of 1996 triggered a wave of media ownership consolidation.

You will, of course, remember the vigorous debate on that bill, recounted night-after-night on the major news programs, regaled even more on the "pundit" shows of the time, and consuming nearly all the air-time on the Sunday blabberfests? And , recall getting tired of 60 Minutes running this story week after week after week?

You don't remember?....well, not to worry, you are not suffering memory loss or suppressing a painful experience.

You do not remember it because the major networks and cable operators who stood to gain financially from this bad policy said virtually nothing about it. Their "independent" newsrooms reported next to nothing about it. There were no "round-tables" discussing its merits. I believe I recall ABC's Ted Koppel, who hosted Nightline that prided itself on covering stories in depth and without apology for ruffling feathers, being asked whether he supported the bill, and giving a rather lame "yes, it is valuable to my network" answer. If you knew about it at all, it was because you watched C-SPAN at some ungodly hour. [And, to be completely fair, Olbermann-Maddow-Schultz-Matthews were not on the air in 1996).

When it came to Citizens United--the recent decision by the Supreme Court that found the original intent of the Founders was to grant Constitutional personhood to corporations, creatures of the State--Olbermann, Maddow, Schultz and Matthews were intensely concerned about its implications. They covered the case, the aftermath, and periodically follow-up with reports of Congressional efforts to blunt its effects or overturn it by Constitutional Amendment.

Enter, Comcast/NBC Universal. Comcast is the nation's largest cable operator, and NBC Universal one of the major content creators. Comcast wants to purchase NBC Universal from General Electric. MSNBC and CNBC are part of NBC Universal and would become owned by Comcast.

Where is the coverage Rachel? Ed? Olbermann? Matthews? Where is the outrage over increased media concentration and corporate control? Where is the exposé of Comcast's past egregious actions? (For a chronicle of those, see, e.g., Josh Silver's article,"Senator Franken Rips Into Comcast CEO Brian Roberts", February 5, 2010).

Just to provide a taste--Comcast opposes Net Neutrality, and has already tried to violate it on its own. It lavishes money on Members of Congress, and packs FCC hearing rooms with paid "supporters". Brian Roberts lied to Senator Franken right in his office about the FCC protecting consumers against price increases while his lawyers argued it was unconstitutional.

So where are Olbermann, Maddow, Schultz and Matthews? How can they, as they all rightly have, extol the virtues of a Wendell Potter (former insurance executive who outed his industry during the healthcare reform debate), and yet sit idly without investigating and reporting the dire implications of Comcast owning NBC Universal?

The deafening silence from this quartet is all the testimony needed to show why this merger is...very bad news, indeed. . 

CNBC Compares EFCA to Iran Elections

Crossposted from Hillbilly Report.

A while back CNBC ruffled feathers by trying to minimize the greed of corporate CEOs in the crashing of our economy. Luckily, the were called out on it by Jon Stewart. Well, now they are at it again. As if those statements were not ridiculous enough, now they are comparing the Employee Free Choice Act to the elections in Iran.

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