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Wednesday, Dec 18th, 2024 ~ Daniel Hrynick
21 hours ago
This should be the best time of life, but . . . (instead, we are become flaming squid huggers)
Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.
But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.
-- Brad Delong
This is an epic – and you’ll have to convince me that it’s not willful, if you even care – failure to see the point.
1) Where does this slippery slope lead? To fewer instances of high blood pressure, ergo fewer heart attacks and strokes. Wow – that’s tragic!
2) Nobody is impinging on your freedom to use salt. Have they come for your salt shaker? Controlling the Na content of packaged products, in fact gives you MORE freedom to make your own sodium decisions, since the food stuff OVER THE CONTENT OF WHICH YOU HAVE ABSOLUTELY NO CONTROL will have a LOWER sodium content. Do the math, and add salt to taste.
3) Re smoking: Nobody has ever said you can’t smoke in the privacy of your own home, or in a variety of open air venues. Smoking bans give non-smokers the freedom to not be exposed to smokers’ effluents.
Remember the old argument that your freedom to swing your arms ends at some distance from my nose?
If that makes no sense to you, then consider that I move my bowels regularly, but I almost never do it in your office.
4) Slippery Slope arguments are inherently fallacious.
http://www.nizkor.org/features/fallacies/slippery-slope.html
For shame.
Really.
Tsk, tsk.
Cheers!
JzB
One of the most perverse treatments of the subject comes at the hands of two historians of the Harding presidency, who urge that without government confiscation of much of the income of the wealthiest Americans, the American economy will never be stable:
The tax cuts, along with the emphasis on repayment of the national debt and reduced federal expenditures, combined to favor the rich. Many economists came to agree that one of the chief causes of the Great Depression of 1929 was the unequal distribution of wealth, which appeared to accelerate during the 1920s, and which was a result of the return to normalcy. Five percent of the population had more than 33 percent of the nation’s wealth by 1929. This group failed to use its wealth responsibly. . . . Instead, they fueled unhealthy speculation on the stock market as well as uneven economic growth.8If this absurd attempt at a theory were correct, the world would be in a constant state of depression. There was nothing at all unusual about the pattern of American wealth in the 1920s. Far greater disparities have existed in countless times and places without any resulting disruption. In fact, the Great Depression actually came in the midst of a dramatic upward trend in the share of national income devoted to wages and salaries in the United States—and a downward trend in the share going to interest, dividends, and entrepreneurial income. 9 We do not in fact need the violent expropriation of any American in order to achieve prosperity, thank goodness.
There was nothing at all unusual about the pattern of American wealth in the 1920s. Far greater disparities have existed in countless times and places without any resulting disruption. In fact, the Great Depression actually came in the midst of a dramatic upward trend in the share of national income devoted to wages and salaries in the United States—and a downward trend in the share going to interest, dividends, and entrepreneurial income.
The economic situation in 1920 was grim. By that year unemployment had jumped from 4 percent to nearly 12 percent, and GNP declined 17 percent.
. . .are Repugnicants so stupid, ignorant and lazy that can't look at public records and/or do simple math, or are they so cynical, callous, and dishonest that facts and truth mean nothing to them?
"I cannot defend what they're doing," Halperin said. "They are willfully misreading the bill or they are engaged in a cynical attempt to keep the president from achieving something."
Note to Republicans: when even Mark Halperin is calling you out for lying, the conventional wisdom is turning against you.
When even Mark Halperin is calling Republicans out for lying, it is long past time to shut the Republican Party down.
One week from Tuesday, 18 men and women will begin an attempt to fix, in eight months, what is possibly the country’s greatest problem: the federal budget deficit, national debt and runaway entitlement spending.
Many think they’re doomed to failure.
. . .
Sen. Tom Coburn, Oklahoma Republican, said he is going to make “waste, abuse, fraud and inefficiencies” in Medicaid a priority issue and will make sure it gets attention in commission meetings.
“Nobody else is going to focus on that,” Coburn said. “Nobody else thinks the $300 billion that we waste every year is important. Over 10 years that’s $3 trillion. So we’re going to look at that aspect of it.”
Total Medicaid spending this year is currently pegged at $280 billion. How Coburn can think that all $280 billion that will be spent this year on Medicaid is waste--plus an extra $20 billion in waste even though we do not spend it--is beyond me.
I don't have a good feeling about this fiscal commission--not at all.
The overwhelming weight of the evidence is that the current very high—and very disturbing—levels of overall and long-term unemployment are not a separate, structural problem, but largely a cyclical one. It reflects the fact that we are still feeling the effects of the collapse of demand caused by the crisis.
Our theoretical analysis shows that an economic underground can come to life if firms have an incentive to go broke for profit at society's expense (to loot) instead of to go for broke (to gamble on success). Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.
Some misguided souls will blame the free market for this.
Nothing could be further from the truth. One of the legitimate roles of government is to protect property rights, prevent fraud, and level the playing field so that everyone has an equal chance and equal protection under the law.
Instead, we have rules, procedures, and taxpayer bailouts specifically designed to make sure the playing field is not level. This is not a free-market concept and desperately needs to change.
McConnell's statements are perfectly calibrated to inflame the public. He insists the bill would "allow endless taxpayer-funded bailouts for big Wall Street banks."
Their resemblance to the truth is another matter.
The provision that McConnell claims would allow endless bailouts emerged from a bipartisan collaboration by Sens. Mark Warner, D-Va., and Bob Corker, R-Tenn.
Warner, who learned a thing or two about capitalism as a successful dot.com entrepreneur before becoming Virginia's governor, told The Washington Post: "It appears that the Republican leader either doesn't understand or chooses not to understand the basic underlying premise of what this bill puts in place."
The provision to which McConnell particularly objects creates an orderly process for letting "too big to fail" banks fail, at the industry's expense, without taking down the entire economy.
. . . has there ever been a time in US political history when one of the two major political parties was so addicted to doublethink, so committed to pretending that it’s advocating the opposite of its actual agenda?
I recently asked my friends' little girl what she wanted to be when she grows up. She said she wanted to be President some day. Both of her parents, liberal Democrats, were standing there, so I asked her, 'If you were President what would be the first thing you would do? '
She replied, 'I'd give food and houses to all the homeless people.'
Her parents beamed with pride.
'Wow...what a worthy goal.' I told her, 'But you don't have to wait until you're President to do that. You can come over to my house and mow the lawn, pull weeds, and sweep my yard, and I'll pay you $50. Then I'll take you over to the grocery store where the homeless guy hangs out, and you can give him the $50 to use toward food and a new house. '
She thought that over for a few seconds, then she looked me straight in the eye and asked, ' Why doesn't the homeless guy come over and do the work, and you can just pay him the $50? '
I said, 'Welcome to the Republican Party.'
Her parents still aren't speaking to me. =============
Dear Old Friend -
You know, there has always been a lot of idiocy in American politics. Usually, though, it hovers out at the fringes. Now is a special and unique time, since the Republican party has made a distressingly successful attempt to mainstream the particular brand of ignorant racist foolishness embodied by the tea party movement. Everything from "Obama is a Nazi Socialist foreign-born Arab Muslim" to death panels, to "they're going to take away our guns" to Health care reform - which involves access to insurance via private carriers - is socialism.
There was a time when Republicans were responsible politicians, even though they always had their hands deeper into the corporate purse than the Democrats. But that time is long gone. The last decent Republicans were Ike and Barry Goldwater, and he (though he recanted later in life) was a god damned loon.
You can joke all you like, but the Republican party is now in thrall to Rush Limbaugh, who is as dishonest a lying bastard as you will find on this planet, and has it's views accurately represented by that flaming moron Glenn Beck.
Are you aware that Bush, Cheney and Rumsfeld knew in 2002 that the vast majority of detainees at Gitmo were totally innocent people rounded up for bounty by Afghan warlords? They kept this under wraps because the truth was incompatible with their push toward an unjust and unjustifiable war in Iraq, which had nothing to do with 9/11. You have to read the Times of London to get real news about the United States.
I am no fan of Democrats, but, for the most part, they have one thing going for them -- they aren't Republicans.
I love you, man, but in the future, please spare me the right wing bull shit.
Best,
JzB
”The way to solve this problem is to let the people who make the mistakes pay for them. We won’t solve this problem until the biggest banks are allowed to fail.”