The House Must Act Now
Well, we really stuck it to the rich at 1:39 in the morning. Whew, now we can breathe a sigh of relief. The 40 Republicans who voted for Obama’s stimulus bill had to swallow hard voting for over $100 billion in new spending just in 2013, but at least those of us who are not super rich won’t see our taxes increase this year. Oh | Read More »
Obama Has His Revenue. Time for Republicans to Step Up or Get Out.
Most of my morning has been spent listening to the two camps on twitter and in the news. Half say we got a bad deal in the Fiscal Cliff debate. The other half say we got the best we could and should be happy with the concessions we extracted from the Democrats. From the beginning, this negotiation has been a mess. Every day we were | Read More »
House Republicans: Don’t Play the Game
Last night, without any legislative language, the Senate Republicans and Democrats voted to raise taxes. They did not just vote to raise income taxes. They voted to raise the payroll tax on all Americans. This will hurt small businesses. Ironically, this plan generates less revenue than even John Boehner’s Plan B option. But both options, as I have long maintained, were only about breaking the | Read More »
Hey House Republicans, Here’s What Obama is Saying Today
As Chad Pergram notes on twitter, Ed Henry reports the White House is calling getting the GOP to break its tax pledge, “One of the most consequential policy achievements of the last couple of decades.” See how this is already being spun. Do you really want to do this? You have a choice. Oppose this deal. It does nothing to solve our problems. It does | Read More »
Senate passes Obama’s fiscal cliff tax increases in dead of night
In a move all too reminiscent of the passage of the ever unpopular ObamaCare, last night the Senate voted 89 to 8 to approve the so-called “American Taxpayer Relief Act” (H.R. 8, as amended). The deal was negotiated by Vice President Joseph Biden and Senate Republican Leader Mitch McConnell. You can read the 157 page bill here. It is very unlikely that any Senator actually | Read More »
Fiscal Deal: Tax Hikes, Green Pork, Stimulus, Oh My
Surprise surprise, they have a deal to avoid the politicians’ cliff. Who didn’t see that coming? Here’s an enigmatic riddle for you: what happens when Republicans publicly obsess about the degree of tax increases they are willing to accept without a commensurate demand for spending cuts? You get tax hikes and no spending cuts! In fact, we will spend even more as a result of | Read More »
(Alleged) Occupy Wall Street activist arrested in ANOTHER (alleged) bomb plot.
To the best of my knowledge, accused bombmaker Aaron Greene is not linked in any formal way to last year’s plot by Occupy Wall Street activists to bomb a Columbus, Ohio bridge. Then again, it’s not entirely clear what Greene was (allegedly) planning to bomb: when the cops arrested him and his bourgeois moll Morgan Gliedman they had just gotten to the stage of putting | Read More »
Conservatives Should Kill This Deal
Conservatives within the Republican Conference should kill the compromise plan for the fiscal cliff. For years, squishy folks on both sides and lots of think tankers have told us that we needed a “balanced” approach to solve our debt and deficit problems. A “balanced” approached included both tax increases and spending cuts. In other words, a “balanced” approach looked a lot like the so called | Read More »
The Fork In The Road Which Lead Us To The Fiscal Cliff
The Fiscal Cliff is a problem. We typically blame people not named us when problems occur. It’s easier and less painful than solving the problem. Here the problem is that the current US President and Congress (The US Senate in particular)* have both spectacularly failed in their management of the national fisc.
If we decided to solve America’s fiscal issues, it wouldn’t hurt to mine some historical data. Since 1950, the United States Government has averaged expenditures proportional to 19.61% of the same year GDP with a standard deviation of 2.25%. Our government has booked revenues equivalent to 17.65% of same year GDP with a standard deviation of 1.26%. If both events occurred at random, we’d have a 6.07% chance of a Federal Budget actually balancing if the spending and the revenues were determined at random.** This would suggest that we’ve set up a systemic and nasty spending problem despite pious insistence otherwise.
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Hollywood Hypocrisy on Guns
If you didn’t know, Hollywood has yet again sprung into action producing an “all hip celebrities on deck” ad demanding gun control. I’m sure Washington will take it as seriously as the last one. In any event, via Brad Thor’s twitter feed, I see that someone has put together a genius though not safe for work, video that puts all these do gooder celebrities calling | Read More »
Just Do It
One of the biggest problems on Capitol Hill these days is that the leaders of both parties are calling all the shots without input from the rest of Congress until the end. Certainly there comes a point when there are too many cooks in the kitchen, but the purpose of the legislature is to legislate and the legislators cannot do their job because of their | Read More »
Setting the Record Straight: Adam Lanza Did use the Bushmaster AR-15
The media did a horrible job getting its facts and figures straight during and after the tragedy in Connecticut. Gun control advocates have seized on a lot of information and ignored a lot of information in an effort to push their agenda. But I’m seeing gun rights supporters do the same. Most troubling, over the past week on radio filling in for Neal Boortz I’ve | Read More »
Desperate Screams of the Press Clowns
If you ever needed a reminder of how pathetic the cast of clowns who make up the reporters and journalists in the media is, look no further than the David Gregory story and the reaction to it from the press corps. It is a non-story to them. Glenn Thrush, debating this with me on twitter notes, “The more [you] talk about the fake Gregory story | Read More »
Gun Control, Gun Rights, Gun Politics and Newtown: Part I of II
The school shooting atrocity in Newtown, Connecticut has, predictably, touched off another round of the perennial gun-control debate. Especially for parents of young children (my youngest is the same age as most of the victims), the horror of the shootings is almost beyond description, and tends to make rational discussion impossible. And also unseemly, as Jonah Goldberg has explained. More to the point, this is | Read More »
That Other Issue
For five and a half years I was an indigent criminal defense attorney as one area of my law practice. I never once represented an innocent person. They were all guilty. I never had a criminal trial. They were all willing to take deals. Most of them were black men between the ages of 18 and 35 and their crimes most often involved drugs. Today | Read More »