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‘Left, Right & Center’: Medicare, G8, Dismal Q1 Numbers

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Posted on May 27, 2011
Left, Right & Center
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The Medicare “reform” proposal of Paul Ryan, chairman of the House Budget Committee, encountered some setbacks this week. Also, leaders of the Group of 8 meeting in France pledged nearly $20 billion to Egypt and Tunisia; money well spent? Our panel weighs in. This week’s show features special guest Chrystia Freeland.

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By Ralph Kramden, May 29, 2011 at 12:25 pm Link to this comment
(Unregistered commenter)

I loved the part where that lady corrected Mr. Sheer about geographical divisions in Canada being provinces not states. Then she repeatedly ignored geography by calling the USA “America.” Canada is also part of America, or haven’t you noticed? That Matt Miller has a claim to “center” or quasi liberal is risible. He goes on and on about Social Security and Medicare as about to collapse. This is a right-wing scare tactic. Social Security is a separate Trust Fund. Look at your paycheck, if any of you guys has one. Medicare is in trouble because the corrupt, spineless congress allowed the pharmaceuticals to determine the price of medication, among other give-aways. As to revenue, why are capital gains not taxed as income? The pretense is sooo rancid, they claim to believe in capitalism and what we have is a tax collection system that succors the rich and powerful. Remember that Monty Python sketch about the man who stole from the poor and gave to the rich? That is what our government does. “Stupid bitch,” was the ending line of the tune. Marx was right, in a bourgeois democracy, government is the executive committee of the ruling class.

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By Lafayette, May 28, 2011 at 10:50 pm Link to this comment

THE STATUS QUO

It too a while to sink in, but perhaps Americans have finally understood that they were hoodwinked by Reaganomics and the Free Enterprise Bandwagon since 1980.

Free Enterprise does not mean the right to Game Markets willy-nilly in order to obtain profits. It certainly does not mean co-opting Congress to get favorable entry to or control of markets. (Which is the plight of American Health Care presently.)

In fact, what must change is the glorified rush for the Almighty Buck that has seeded the class-riven present discord amongst Americans. That is, the 20% of haves versus the 80% of have-nots.

Every time an elite manages to get away with massive pirating of the economic circumstance, there always come this Revolutionary Moment. The sheeple finally turn into lions.

Let’s hope that morphing continues through to the elections next year, when America finally dumps the Replicant Troglodytes decisively - in both the HofR and the Senate. The latter being a Country Club for retired millionaires, who could care less about this country’s middle-class distress, but don’t know what better to do with their lives having “made it” to millionaire status.

So, they screw-up ours ... after all, all they want is to keep the status quo so that others can “make it” like they did and inevitably replace them to continue the economic pillaging. And thus preserve the status-quo ad infinitum, ad nauseam.

MY POINT

Wanna “take back” America? Then get off your duff and militate politically for a progressive agenda of change! Bitching-in-a-blog aint gonna make it happin.

(Militate = to have a substantial effect; weigh heavily)

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By SteveL, May 28, 2011 at 10:18 pm Link to this comment

Have to love the “taxes are too high” from the right.  Qualified dividends and
capital gains are taxed at 15% the same rate for the first $15,000 of income. 
Inheritance tax is just about gone.  Since the inheritance (a huge part of wealth) is
so hard to earn.

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By mtnclimberut, May 27, 2011 at 10:58 pm Link to this comment

Like all fantasia tea-publicans, Tony constantly says
the reason the U.S. is failing is because taxes are
too high; taxes are lower now in the United States
than at any time since the 1950s, and the economy is
in worse shape than at any time since the 1930s.  Why
doesn’t anybody ask Tony to explain his reasoning
behind this, since both rationality and history say
that very high taxation on the wealthy encourages
them to use up all their excess earnings, both
personal and corporate, in hiring and charitable
giving, rather than hoarding which in high taxed
scenarios becomes a negative???

Nobody is stopped from hiring because their taxes are
too high; the cost of employees is a 100 percent pre-
tax deduction, and often its more like 110 percent
because of credits for training programs.

Also, in case he’s actually a stone cold idiot, which
I doubt, the wealthy today have accumulated 90
percent of the assets of the nation.  and regulations
were put in place because rivers and streams became
lifeless cesspools of cancerous toxins, some of which
caught on fire (rather famously), and corporations
using well-known dangerous stuff like lead in paint
refused to do anything about the costs (birth
defected and terminally ill children), and oh yeah—
bankers just looted the nest eggs of retirees through
shell games they came up with themselves to do just
that (and not tell the retirees what they were
doing).

It would be nice if Tony could help us understand his
nonsensical and historically inarticulate points of
view on taxation of the wealthy and corporations, and
his utter nonsense about hyper regulations (few real
regulations have actually been placed upon corporate
america in the last 3 years despite the fact, now
inarguable given extensive evidence, that they were
if not complicit then directly responsible for the
counterfeiting of economics and the looting of the
country—because ‘everybody was doing it and you’d
be fired if you didnt’).

Maybe he can convince some of us that corporations
will choose the right thing to do when, now, they
rarely have to face challenges to their disturbingly
disconnected decisions that might force their
directors to live out their remaining years behind
bars, disgraced and dispossessed of their familial
aggregations (like, say, happens to a middle manager
at a bank found stealing a few hundred bucks under
the counter).  His talking points lack all depth,
clarity, or sense.

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By SteveL, May 27, 2011 at 7:59 pm Link to this comment

The winner of the congressional race in the N.Y. 26 stated that it was a referendum
to raise taxes on people making over $500k per year.  Strangely this never seems
to come out in any of the news.

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