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Weekend Homework #3

By Ken Brosky
Friday, Feb 22 2008, 11:09 AM

Congratulations, Wisconsin, on choosing Barack Obama. It's good to see that Hillary Clinton's recent populist rhetoric isn't sucking too many people in ...

Don't get me wrong, though. Clinton is definitely not a bad candidate, but her insistence that she's an economic populist is an entirely new thing, and it's beginning to show. No matter who wins, it'll be easy to support either candidate against John McCain. Speaking of which, why don't we take a look at some homework readings for the weekend?

John McCain's lobbyist connections -- In case you haven't noticed, there's a lot of brew-ha-ha regarding McCain's cozy connections with one very pretty lobbyist, as well as others. When even HIS aides are getting nervous, there's definitely some substance to the story. Don't be fooled by Fox News ... McCain's lobbyist connections have existed for a long, long time. Whether more evidence surfaces or not ... we'll see. Keep an open mind.

Rick Renzi (R-AZ) indicted --  Yes, he does have connections to John McCain. Muckraker has more.

"A Trade Transformation" by David Sirota -- Read about Hillary Clinton's history on NAFTA.

 Turkish Troops in Iraq -- Following Kurdish separatist rebels, and of course this is making things a little sketchy in northern Iraq.

Al-Sadr will extend his ceasefire -- Do you still honestly think the "Surge" quelled the violence in Baghdad? Or was it the fact that the leader of the largest militia in the country called for a ceasefire? He's now calling for an extension to the ceasefire, which will make the "Surge" look even more successful. By the way, for those of you who remember Bush saying there was going to be a troop drawdown, that's not happening anymore, either.
 


 

 

 


 

Tax Cuts? Tax CUTS?!

By Ken Brosky
Sunday, Feb 3 2008, 11:11 AM

While you're whittling away the day with your various chores, here's something to think about: How many tax cuts have been passed since the Reagan era?

The answer: None. Because cutting taxes on a budget deficit means the government is simply borrowing money to give back to us. Which means tax cuts are actually tax "Deferments." Every time Congress cuts taxes without balancing the budget, all that money piles onto the national deficit, which will eventually be paid by us at a later date or our children.

The same goes with the Iraq war. We can fight there as long as Bush wants, but the money will eventually come out of our pockets. He is the only president to have ever cut taxes during a time of war, skyrocketing the deficit further in order to deceive the public into believe our current economic system is still "OK." It's not. And when the security bubble pops (i.e. the military industrial complex), things are only going to get worse. And THEN while we're trying to figure out how to pay off our personal debts, the government is going to need help paying off the national debt.

And then what will it do? "Cut" taxes again to increase spending?
 


 
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