July 21, 2009 archive

    It is time to set the top tax bracket above $1,000,000

    As you can see in the graph below, many people live in poverty compared to the few wealthy. Mind you, this graph does not include the Capitalist class of the top 2%

    This next graph shows how income has grown by percentiles over the last few years. Notice anything?

   That’s right. The rich get richer and the poor get poorer.

   If this is your first time, welcome to Class War 101

   Anyone with sense can tell that we can not pretend that the American dream is to be a $250,000aire. The dream is to own your own home, to have a family, to have health care when you need it and a retirement and education for our children.

    The way things are going, that will not happen anytime soon.

    40 + years of supply side trickle down free market economics have devastated states and federal budgets. It is time to face the facts. We need a progressive taxation system that adequately taxes the millionaires whose wealth would not be possible without America.

    After living high on the hog for so long, the rich can not plead poverty

   It is time to get something back.

Joby Warrick and Peter Finn have a new article in Sunday's Washington Post. The story summarizes some of the competing narratives offered by different participants in the interrogation of alleged Al Qaeda terrorist, Abu Zubaida. (AZ was later admitted to not be an Al Qaeda member by various intelligence agency spokesmen.)

The entire article deserves close reading, the kind reserved for tea leaves, for through the varying narrative threads one can discern attempts by the differing agencies and actors involved to present their actions in the best possible light. In the end, no one comes out looking very good. The article reads like a summary of an internal dispute among gangsters.