DASAV     Bibliography     Mayerson    

As of March 19, 2007:

The Hackenblog has moved to http://hackenblog.hackenbush.org/ or www.hackenblog.com.

Please update your links, thank you.
Hello Readers! If you're liking what you're reading here, you can help out with the webhosting bill with a donation, if you are so inclined. In addition to my eternal gratitude, you'll have the comfort of knowing I won't be spending it on frivolous things like food or the electric bill or something.

[Previous entry: "My first psycho mail! From the Swap Shop, re: Limbaugh sponsor boycott"] [Main Index] [Next entry: "Altman's new book: What Liberal Media?"]

02/03/2003 Entry: "The Wages Only tax scheme is the road down into hell"

"In the long run, the cost could be enormous, congressional Republican and Democratic aides said. Taxes from capital gains, dividends and interest total roughly $160 billion a year, according to calculations by Citizens for Tax Justice, a labor-funded group. The loss of much of that revenue would begin showing up just when the baby boom generation is straining Social Security and Medicare.

"Democrats said the proposal is transparently aimed at the rich, who will simply shift existing savings into the new tax-free accounts.

"'It's breathtaking,' said Sen. Kent Conrad (N.D.), the ranking Democrat on the Senate Budget Committee. 'These guys really don't care about the future at all.'"
New Tax-Free Savings Plans Proposed Retirement, Non-Retirement Accounts Would Shelter Earnings, by Jonathan Weisman, Washington Post Staff Writer, Saturday, February 1, 2003

IF you have an earnings to shelter; most people don't make enough to save and these are the people upon whom the tax burden will fall most heavily when the country runs out of money. (Thanks MaxSpeak for pointing this out, it nicely provided my evening freak-out.)

And do I feel the heavy hand of Grover Nordquist in all this? Grover, that quaint cretin who thinks that when the country runs out of money, the Government will have to be, um, compressed.

"Yet even while emerging as a Washington power broker, Norquist has held on to the irreverent, in-your-face style that has been his trademark since his earliest days as a college activist in the 1970s. 'I've been a 'winger' from way back,' he says. 'I was an anti-Communist first, and then I became an economic conservative. I think I've gotten more radical as I've gotten older.' Today, he can barely suppress his glee at how much the movement has succeeded, saying that politics is shifting to the right while he remains constant. 'I started out as a right-winger, and when I retire I want to be a squishy middle-of-the-roader,' he jokes, chortling at the thought. To Norquist, who loves being called a revolutionary, hardly an agency of government is not worth abolishing, from the Internal Revenue Service and the Food and Drug Administration to the Education Department and the National Endowment for the Arts. 'My goal is to cut government in half in twenty-five years,' he says, 'to get it down to the size where we can drown it in the bathtub.'"

Yeah, right.

Does this guy scare anyone else or is he just annoying?

I, on the other hand, think that when the Government runs out of money because the Republicans have become permanent rulers, they'll take all the wages of those who are unfortunate enough to still have jobs (aka, slave labor) and call it revenue generation. Unfortunately, any potential MLK, Jr. will have died in a small plane crash so there truly will be no one to save us from the worst case scenario. Hey, even paranoids have enemies. Wake up liberals or we're all through.

 

 

 

Powered By Greymatter

Hello Readers! If you're still liking what you're reading here, you can help out with the webhosting bill with a donation, if you are so inclined. In addition to my eternal gratitude, you'll have the comfort of knowing I won't be spending it on frivolous things like food or the electric bill or something.

One of the best deals anywhere.


Donations to keep us going are very welome!

Donate towards our web hosting bill!

Our webhost, is a really good deal and is probably having a huge sale on something as we speak. If you're looking for webhosting, I recommend them very much.

BugMeNot.com for passwords to online sites.

Who links to me?

Updated: April 8, 2006

Reviews you can use at J LHLS Reviews

This is a page in a larger site called Hackenbush.org. Click here to go there.

© Copyright, Head Designs 2003
All rights reserved.


referer referrer referers referrers http_referer