Bankruptcy Is Not An Option

"Should taxpayers in Indiana who have paid their bills on time, who have done their job fiscally be bailing out Californians who haven't?" House Budget Committee Chairman Paul Ryan, R-Wisc., asks. "No. That's a moral hazard that we are not interested in creating." - Fox News Blog

So the financial wiz-kid of the Republican Party believes that we are just a group of states that happen to share borders but have no inherent connection to one another? It is this type of rhetoric and mentality that fosters the divisions that keep us from moving forward as a nation. This simplistic view of the economy shared by the wing-nuts and tea-baggers makes it difficult to take any of their proposals seriously. We are not talking about some teenagers who have overspent their allowance and so the answer is to send them to their room with no dinner. We are talking about our fellow countrymen who just happen to live in another part of the country, our country. We already know that being born in Hawaii makes you a foreigner, but this is ridiculous.

The fact that these clowns speak about morality just demonstrates their own immorality. Is it a moral hazard to watch our fellow countrymen suffering because the wealthy in this country decided they needed another transfer of wealth through market manipulation? What is a moral hazard is that we have seen the biggest financial theft of our economy in history and no one was prosecuted, no one was so much as even charged. Has our definition of morality been so corrupted that it is morally right to give billions to millionaires and billionaires, but immoral to give support to the elderly, unemployed, and mentally ill?

As long as we continue to allow these snake oil salesman to advocate their bad medicine we will continue to focus on cutting out our safety nets so we can continue to provide tax breaks to the wealthy. I’m sorry I obviously missed the memo that stated paying taxes in a democracy is optional. It’s amazing how all of the tea-baggers want government services, but they don’t want to pay for them. The wing-nuts want wars, nuclear arsenals, and government bail-outs they just don’t want to pay for them. There is a reason we pay taxes. There are certain things we have decided as a society that are important enough to share the costs. The problem arises when one segment of the population is paying more than their share.

One of the challenges we will face as a country is how do we make the tax code more progressive and more balanced in the face of this anti-tax and cut spending at all cost false meme being promoted by those who have demonized the very concepts that have made our country great. Shared sacrifice, social safety nets for the needy, and a common sense of fairness are concepts that make a nation strong. We can no longer continue to allow the corporate interests and money changers to undermine and tear at the fabric that makes us a nation. This idea of undermining the middle-class and the poor is nothing new to America. From the Hooverites, to the greed of the 80’s, to the butter and war rhetoric of the last administration we have been under assault it seems with every generation. And every generation has had to reconfirm our commitment to what makes America great.

Unfortunately with the decline in liberalism and the ascension of conservatism and it’s everybody for themselves mentality the very underpinnings of our society are at risk. Programs such as Social Security, benefits for the unemployed, and funding for education are now bargaining chips, but what are not on the bargaining table are tax-cuts for the wealthy and military spending. What type of society is willing to defund the programs for the middle-class and poor to reduce the taxes of the wealthiest among them? I could understand if the tax burden for the wealthy and the corporations were oppressive but under our current tax system the secretary of a CEO will probably pay more in taxes than her boss. To argue that our current tax system is unfairly slanted towards the wealthy is an understatement. To present Mr. Ryan, as a voice of reason in the deficit conversation when he is saying that everyone is on their own is like saying that a secessionist was a voice of reason during the civil war.

We are a country; we are a diverse nation that still manages to share some common threads. We should not allow those common threads to be unraveled for the benefit of a small group who value profits over national interests or their own citizenry. It’s amazing to me how the media and the pundits criticized the Chinese when their president was visiting, but no one has found it necessary to criticize the very American business people who have handed the keys to the American economy over to the Chinese and the Indians. Mr. Ryan doesn’t want to bail-out the states but he doesn’t have any such misgivings about bailing out the folks who have put the states in dire straits.

“Corruption and hypocrisy ought not to be inevitable products of democracy, as they undoubtedly are today” - Mahatma Gandhi

The Disputed Truth

Tags: Congressman Paul Ryan, Social Scurity, Deficits, spending cuts, Bail-Outs, Tax-Cuts (all tags)



what a dumbell

Ryan doesn't actually seem to know much, which shouldn't come as a suprirse. For example, he doesn't seem to know that Indiana gets back more from the federal government than it pays in in federal taxes, whereas California gets back less. So California subsidizes indiana (and most of he deep south, of course). See here:

by wufnik1 2011-01-24 06:03PM | 0 recs

California subsidizes indiana (and most of he deep south, of course)


by James Johnny 2011-01-25 04:17AM | 0 recs
Obammie Steppinfetchit is back with his State of Union Bipartisan "BE NICE" Crap

How DANDY---we get this empty suit of a leader now pushing (again) his failed  "be nice to the Republi-CRAPs and they will be nice to you" program for the next 2 years.  After hammering us into the ground (we lost over 300 Democrat officeholders in Texas alone due to this Republican LITE President) in November, I guess Obammie the Steppinfetchit man plans to finish us off in 2012 by losing the Senate majority too. 

Just listen to the rightwing controlled media go on about his resurgence and move to the middle and his approval going up---does he actually believe them? Where is he going to get voters to turn out.

1. NO Blacks/Minorities--In my precinct (west Houston) we have 40% minority black/hispanic/asians--Obammie got a whopping 6% of them to bother coming to vote in Nov 2010 vs 80% in 2008. In 2012 he will get some blacks to turn out because of loyalty to his race but I can bet you that there will be nothing like the 50-60% of hispanics are going to come out for him--GONE--HE AINT DONE JACK SH*T for the Mexicans and Asians here over the last 2 years--he even caused 2 Mexican Democrats in the Texas legislature to jump to the GOP how is that for consistency Mr. "Feel Good--Let's Play Nice, etc. Obammie"

2. Labor---GONE--Only a Democrat who is a complete political moron would anger organized labor. Yes, I know he saved about 90,000 jobs at GM but got no promises of future hiring of UAW people by GM management--in fact, they plan to continue to move jobs to Mexico and China next year.....

So who is going to stuff envelopes, bring old people to the polls, knock on doors, etc. around election time. That has be the strength of having organized labor working for you. Well, I am sure the UAW is aware that Obammie's plan for Cash for Clunkers sold hundreds of thousands of Korean cars. What did our brilliant leader then do--he went to Korean and got the shittest deal you can image for unemployed and union workers from the Koreans. The Korean Trade Agreement will cost us over 700,000 jobs over the next 5 years by any estimate.

SOLUTION TO THIS--Get the GOP to IMPEACH Obammie.. NOPE--back in the 1990's the GOP leaders were bigger political  morons than Obammie--i.e. Dick Armey and Newt Gingrich. They went right after Clinton and it backfired on them and he got millions of people to vote for him because they not only hated these two pricks, they wouldn't stand for these two jackasses dissing the Office of the President.  But Boehner and McConnell are very screwd political operatives--they have caused Obammie to dance to every tune they have played for the last 2 years. Because he and Rahmn Emanualle are such egotists, they actually thought that they  were winning against the GOP leadership. (Always let the other guy think he is winning--easier to accomplish your objectives that way). The only thing slow about McConnell is the way he talks. THERE IS NO WAY THE WAY THINGS ARE GOING THAT THE GOP TEAM IS GOING TO DISS Obammie and his office.

So what we have here is a Republican Lite President who will head the Democrat party for the next 2 years -- he will most likely hand that office and our Senate majority to the GOP. AREN'T WE LUCKY THAT THE COUNTRY WILL BE RUN BY SUCH "NICE" PEOPLE.....

by hddun2008 2011-01-25 08:19PM | 0 recs


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