Kurzgesagt is on, so what we’re seeing now with the House Majority is a reminder that there are important elections in 2024.
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At the rate it’s going, the reactionaries won’t stand much to lose by running Rick Scott and Jared Kushner as 'Skeletor and Slenderman, ‘24.’
Hell, they’d still get the base.
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Anything more is a waste of words.
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McCarthy is proof of the power of the business suit to disguise babyhood.
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I also used to think that, that the captains of industry, the representatives of capitalism, will swoop in and rein in those gunning toward a national default.
But it didn’t happen in 2011, and it doesn’t seem to be happening now.
The conservative movement is increasingly fueled by the disaster capitalists, those who make millions and billions on investing in foreclosures and bankruptcies, on cryptocurrency, arms sales, counterfeiting, knockoffs, money laundering, human trafficking, multilevel marketing scams.
They beat up the unions, passed right to work for less and get fired laws, moved factories to China, scammed the government through privatization, charter schools, bogus Paycheck Protection Program claims.
They have no interest in building a More Perfect Union.
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McCarthy’s idiocy really meets the Republican moment.
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“It’s Bakersfield, Tex…”
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I agree…Let’s hope your assessment includes a few sane Republicans. Oh…one other thing:
FOX and RWNJ media sets it all up for the other end of the horseshoe.
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From Kevin Drum.
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My assumption: the Smartest Guys in the Room (self-assessed) are deliberately playing a game where they let their pet legislators bring things as close to a default as possible so they can make a pile of money from market movements (ahem), but then avert a default at the last moment so their piles of money are still worth something.
This kind of trick, unfortunately, requires competent people in key positions so that the country doesn’t go into default by accident. (This, btw, is likely also why the Treasury is not ever going to give a date certain for default, because then you know Kevin&Co would just sit around till the day before, only to find that some key player had gotten sick or left town.)
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The ballooning national debt should be reduced by adding 5 percentage points to each of the top four marginal income tax brackets.
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A century after its creation, I think we are still living in WB Yeats’ “The Second Coming.”
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The one and only good thing about Republicans being bought and paid for…
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There is even less to Kevin than the last republican empty suit to have the gavel, old Granny-Starver himself Eddy Muster er… Paul Ryan
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For the top four, I propose instead…
Add 10% to the top bracket
Add 5% to the next down
Add 2.5% next down
Add 1.25% next down
Also tax capital gains like wages (exclude certain qualifying withdrawals after retirement)
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No, hes no star fruit - just sour grapes.
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We average just under 300 COVID deaths a day, but I’m guessing that’s a little too woke for Squeaker McCarthy. Christ, what an asshole.
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The explanation is not complicated.
Cutting taxes means the Government is receiving less money. Noting that Republicans who cut taxes, especially Ronald Reagan and George W Bush, also went on big spending binges, there is nothing complicated that Republicans explode the deficit when in power.
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After reading those bulleted items in that letter, I’m really, really curious to know just how many trillions of dollars (McCarthy’s language) would be saved if the government were to act on all of those. Not that Biden has to respond to this letter, but if he were to, that’s the question I’d want the White House to lob back at McCarthy.
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The market did not crash. Moodys did downgrade the US debt in 2011. Kevin is playing with fire on this one. In 2008 when the house did not pass TARP rescue plan the market tanked. The bill was passed a day or so later. $ talks and BS walks. We will see how this one plays out.
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