Blog Archives

Joe Conason quoted a group of millionaires supporting the end of the Bush Tax Cuts for them…

I appreciate these guys, and Joe Conason should be patted on the back for pointing them out. Here is their letter to President Obama:

We are writing to urge you to stand firm against those who would put politics ahead of their country.

For the fiscal health of our nation and the well-being of our fellow citizens, we ask that you allow tax cuts on incomes over $1,000,000 to expire at the end of this year as scheduled.

We make this request as loyal citizens who now or in the past earned an income of $1,000,000 per year or more.

We have done very well over the last several years. Now, during our nation’s moment of need, we are eager to do our fair share. We don’t need more tax cuts, and we understand that cutting our taxes will increase the deficit and the debt burden carried by other taxpayers. The country needs to meet its financial obligations in a just and responsible way.

Letting tax cuts for incomes over $1,000,000 expire, is an important step in that direction.

…and that from over 40 patriotic Americans.

Joe Conason on the Tea Party…

I was watching Robert Scheer, Editor of Truthdig.com, on Book TV this afternoon and when I was looking up his background I found this article Joe Conason pur up on Truthdig last week. I’ll give you some of it here, but go in and read the rest:

Lies of the Tea Party

Posted on Sep 29, 2010

By Joe Conason

For Americans still suffering from persistent unemployment, falling incomes and rising inequality, politicians of either party probably generate little enthusiasm. Yet although political ennui is understandable, the disaffection and demoralization of Democrats have created a dangerous political vacuum that is being filled with misleading data, urban legends and outright lies.

Indeed, the entire tea party movement was founded on false assumptions about the economic program that probably saved the country from a second Great Depression.

The nascent protests that came to be known as the tea party began as angry populist rants against the Troubled Asset Recovery Program (TARP), that notorious “bailout” of drowning banks and insurance companies, and the American Recovery and Reinvestment Act, better known as the “stimulus program.”

Red-faced traders and furious housewives joined forces against what they wrongly called “socialism,” warning that our freedom was endangered, and that the nation might soon perish under burgeoning inflation and draconian regulation. They grew even more frantic when the Obama administration directed hundreds of billions of dollars in TARP funds toward the auto industry in loans and shares—more socialism!

The real reason behind the irritation of the traders and their spokesmen on cable television was simple enough. The government had restricted their usual obscene bonuses in recognition of the fact that they had been saved by taxpayer funds from their own gross misconduct—and should not be rewarded for surviving on the teat.

As for the tea party housewives and their cohorts, the motives ranged from xenophobia to paranoia. But as the recovery lagged—and the Obama White House failed to communicate its aims and achievements—those typical symptoms of right-wing delusion showed up in a broader segment of the voting public.

In the meantime, the Republicans and their allies in the media managed to mischaracterize the president’s health care reform bill as both a “government takeover” and a gift to the health insurance industry, although in reality it was neither. Most Americans who say that they dislike the bill have very little knowledge of its actual provisions—which are quite popular when polled individually.

…to see the whole piece go here:

http://www.truthdig.com/report/item/lies_of_the_tea_party_20100929/