Budget talks: This is getting nasty

"My French cuffs say elitist metrosexual cheese eater deluxe. My single-action Colt .45 Peacemaker with bone grips and 7" barrel says I will shoot you in the face for mentioning it."

 

In absolute dollar terms, sure.

As a percentage of their income, it's much less than what I pay.

 

Ragu will illustrate that it isn't -- because he is clinging, clinging, clinging to the very narrowly defined notion of "federal income tax," excluding all other taxes, since that's how he and Grover Norquist demonstrate that the rich are overburdened. As a continued public service, I will again post this link, which Ragu hasn't addressed, showing what the true taxation rates are for each income group.

http://krugman.blogs.nytimes.com/2011/04/22/zombie-tax-lies/

Alma, I feel your pain.

 

Maybe next we can do US foreign aid in absolute terms versus US foreign aid as a percentage of GDP. That's a fun one, too.

 

In that second Perry photo, he looks a lot like Josh Brolin who has portrayed Texans numerous times.....including Perry's predecessor in the governorship.

 

Ragu, that's what I was talking about nearly 50 pages ago. If you tax every person in this country making over $10 million a year at a 100 percent rate you could only fund the government for 18 days. So we could pay for almost three weeks of all the entitlements, defense, social security, etc. and leave them with nothing. But what do we do after that? That is why this entire class warfare game being played by the Democrats is entirely political.

 

Senator Paul Wants Vote of No Confidence on Geithner
Source: Roll Call

Sen. Rand Paul (R-Ky.), who is pushing for Treasury Secretary Timothy Geithner to resign, said Wednesday that he will introduce a resolution when the Senate returns from recess that seeks a vote of no confidence in Geithner.

“The stock market gave a vote of no confidence to Timothy Geithner,” Paul said, attributing the stock markets’ ebbs and flows to Geithner’s handling of the economy. “Geithner has shown no acumen in predicting, diagnosing or treating America’s economic woes. The time has come for him to resign.”

Last week, Geithner told President Barack Obama that he would stay on through the end of the president’s first term. The move followed speculation that the secretary was considering leaving his post and that the White House, wary of a high-profile confirmation battle with a restive Senate, was pushing Geithner to stay.

Paul’s comments come in the wake of a tumultuous economic cycle. Last week, after months of partisan warfare yielded a deal to raise the debt limit and cut spending, Standard & Poor’s downgraded U.S. debt — the first time an rating agency has done such a thing. The agency cited the dysfunction of Congress as a major factor in its decision.


http://www.rollcall.com/news/paul_wants_vote_of_no_confidence_on_geithner-208091-1.html?pos=htmbtxt

 

Yeah well when the Tea Baggers jumped out there because the GOP wasn't doing its job, people like Hannity begged them not to organize apart from join the GOP because that was the only way they were going to defeat Obama and his weakass agenda (when in reality, democrats beat themselves). The mainline GOP don't give a shit about anything but being like the alleged mainline Democrats. Collective mottos: The hell with the particulars. Just re-elect me.

 

And Geithner's failure is what exactly?

 

This is especially true if you add in Social Security and Medicare as a flat-out tax, one which most people 55 and under will never see a penny from. Also, the reason no one can buy anything is because most people have seen not just flat wages but pay cuts in recent years or they have become summarily unemployed and unable to find a job. But just keep taking those bonuses, CEOs!!! Also, so Rick Perry, is he running for president of the nation of Texas or the U.S.? I can't keep up with what he wants to do.

 

Doesn't matter. He was the top economic official in the cabinet when the economy went south again. He gets blamed, just as a newspaper editor is often the one thrown overboard when circulation sinks, even if the publisher didn't give him/her enough resources to have a chance to be successful.

 

Does the Senate ever take votes like this?

I can't think of any. It obviously won't happen, and would wouldn't mean anything anyway.