Wealthy

Barack Obama’s War On Terror: Reason Why, No Matter What The Economy, He Will Win Reelection In 2012!

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Barack Obama decided early on in his administration that he was NOT going to use the term “War On Terror”!

But forget what it is called: Barack Obama has waged a very effective “War On Terror”, has shown he is tough and decisive, has demonstrated aggressiveness in military matters, and has protected the homeland more effectively than George W. Bush and Dick Cheney before him!

His military and intelligence people have hunted down and eliminated dozens, if not more, terrorist leaders of Al Qaeda and the Taliban, and related groups. Of course, the most famous is Osama Bin Laden!

He has utilized drones effectively, and made arrangements for new drone locations to go after terrorists in Somalia and Yemen.

He has given private warnings, now becoming public, to Pakistan and Afghanistan about connections to terrorists.

He has made Iran aware that we will not tolerate their connections with Hamas and Hezbollah in the Palestinian territories and Lebanon, and while we are trying to withdraw our involvement with ground troops in Iraq and Afghanistan, we are not abandoning the fight against terrorist elements.

Barack Obama is often called too nice, lacking in aggressiveness in dealing with Republicans, but even that is starting to change as he pursues an economic plan to promote fairness in taxation, and stop victimizing the middle class in favor of the rich!

He cannot quickly create jobs, but he is showing his intent for the long term, and while he is doing this, he has made perfectly clear his aggressiveness and single mindedness to protect us from terrorism and root it out wherever it exists!

This is a long battle that may never fully end, but the waging of the War on Terror worldwide is the ultimate reason why, no matter what the economy, he will win reelection in 2012! The Republican Party will be helpless on this issue, unable to criticize Obama, and they will lose the election and seats in Congress, and possibly control, because of that reality!

The Myth About Barack Obama, The Wealthy, And Taxes

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The average American, if asked, would certainly say that George W. Bush is remembered for major tax cuts. After all, the term “Bush Tax Cuts” is a word in the political vocabulary often used.

So if one was told that actually Barack Obama cut taxes more, the reaction would be disbelief. But that is true, which even conservatives and Republicans try to hide from the American public!

Between the tax cuts in 2009 and 2010, over $900 billion in tax cuts will have been enacted in Obama’s term, almost double what Bush brought about in his first term by signing tax legislation!

Beyond the dollar amount, and accounting for inflation to raise the numbers for Bush, there is also the issue of WHO received the bulk of the tax cuts!

85 percent of the tax cuts under Obama are to the bottom 80 percent, while more than half of the Bush tax cuts went to the richest 20 percent!

And, finally, the Obama tax cuts are TEMPORARY, as compared to Bush, where it was meant to be PERMANENT, which is what has led to the economic disaster we now face!

With the growing responsibilities and problems this nation face, we all have to chip in and pay for the present and the future, rather than glorify greed and selfishness on the part of the wealthy!

And it is not as if the wealthy have not paid higher levels of taxes in the past, and it did no harm, as they still remained wealthy! The propaganda regarding this, how harmful it is to tax the wealthy, claiming they work so hard and are being penalized, is unjust when compared to how hard the average person works, and yet he is expected to contribute higher levels of taxation percentage wise than the rich. It is the great myth believed by millions of people who should know better!

Tim Pawlenty, Michele Bachmann, And Taxation Of The Wealthy

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Former Governor Tim Pawlenty of Minnesota, and Congresswoman Michele Bachmann from the same state, are campaigning for President advocating further tax cuts for the wealthy, even though they have received unbelievable tax cuts over the past ten years, creating the problem of the ballooning national debt.

Pawlenty’s economic plan would give the top one percent of the taxpayers 40 percent of the benefit of the tax cut, while the next nine percent would get 26 percent of the benefit.

So two thirds of the tax cut would go to the top ten percent, while the bottom 60 percent would get only 10 percent of the cut.

Bachmann, meanwhile, wants to cut all taxes for 23,000 millionaires–which would add $25 billion to the national debt in ONE year!

Meanwhile, the effective tax rate for the rich has declined dramatically since the 1950s–51.2 percent in 1955, 42.4 in 1961, 29.9 in 1995, 24.2 in 1997, 19.5 in 2003, and 16.6 in 2007!

This is all economic suicide, and fails to promote the idea that wealthy Americans owe the nation more of their success, as it is this country which gave them the freedom to become wealthy!

The Lack Of Reality Of The American People As Shown In Public Opinion Polls

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It is becoming very clear that the American people, based on public opinion polls, at least, are living in a dream world, avoiding reality!

Polls indicate that the people do not want entitlement cuts to deal with the debt problems the nation faces.

At the same time, they do not want to see the debt limit raised next month!

The lack of economic knowledge and understanding is pitiful, as indeed many Americans lack the ability to balance their own checkbook or take care of their own finances, and yet, somehow, magically, they seem to think that the only thing that matters is do not touch anything, and refuse to recognize that entitlements must be paid for, and that the good faith and credit of the United States government is at stake if the debt limit is not raised!

While it is clear that most Americans want the corporations and the rich to pay more taxes, it is also clear that even doing so cannot resolve the debt or deficit crisis!

The fact is that all of us will have to pay MORE taxes in order to sustain the entitlements that most Americans do not want to be cut back! There is no free lunch, as the saying goes, and praying for divine guidance will also not be enough to deal with reality!

So the answer is to make sure that corporations and the top two percent of the people pay a higher tax rate as they paid under Franklin D. Roosevelt, Dwight D. Eisenhower, Richard Nixon, and Bill Clinton.

Secondly, all of the rest of us will also have to pay higher taxes and stop complaining about it, since we want the various entitlement programs to be sustained.

Third, there is an essential requirement to start cutting back on overseas defense bases and military commitments, which are having a horrible effect on our budget deficits.

Fourth, there is a dire need to reform the Medicare, Medicaid, and Social Security system long term, so as to sustain them. Anyone who suggests no changes is being totally irresponsible!

Fifth, the debt limit MUST be raised next month, as not to do so would be totally reckless, dangerous, and detrimental to the economic welfare of the nation, as well as the world at large!

Finally, the spirit of compromise somehow must be promoted, or else the nation will at some point be in as dangerous a situation internally as it was 150 years ago, with economic class warfare, age warfare, racial warfare in the offing, a horrific thought!

A spirit of nationalism, and bipartisanship, is sorely needed, and right now, to resolve the nation’s ills!

Town Halls Turn Against Republican Budget Plan To Destroy Medicare As We Know It: A Reversal Of 2009-2010!

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In 2009-2010, the Obama Health Care plan received belligerent responses in many Town Halls for Democratic members of Congress, leading to much controversy and many confrontations!

Now, the tables have been turned, and Republican members of Congress are discovering in Town Halls that their constituents do NOT want Medicare destroyed, which the Republican budget plan of Congressman Paul Ryan represents!

The problem is that 235 Republicans in the House of Representatives just voted a week ago to adopt the Ryan plan, and as many predicted, it is becoming an albatross around the necks of the Republicans, and could lead to a massive switch in seats again, putting the Democrats in control of the House of Representatives after the 2012 election results are in!

What the Republicans refuse to recognize is that the American people, by large margins, including Independents, Republicans, and even Tea Party Movement people, want Medicare preserved as it is!

It is not just the senior citizens of this nation who like Medicare; it is also their children! And also, the seniors are not just selfish for themselves, but really feel strongly that their children and grandchildren should be entitled to the same excellent health care represented by Medicare!

Yes, Medicare is expensive and has cost overruns! But the answer is not to change Medicare into a voucher system which will victimize future senior citizens, but instead to TAX appropriately, as every other Western industrial nation does, so that EVERYONE is entitled to excellent health care in the long run, not just the short run!

And it is time to TAX the WEALTHY and the CORPORATIONS, both of which have a responsibility to all of us for their good fortune, and must play their role in promoting the best health care available!

Should We Be Upset That 45 Percent Of American Households Pay No Federal Income Taxes? NO!

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As American finish tax forms due by tonight, the controversy over who pays federal income taxes arises yet again.

Conservatives and Republicans have no problem condemning the fact that 45 percent of American households pay no federal income tax. The fact that 68 percent of American households under $50,000 income pay no taxes vexes them.

But can a family of four, in reality, be expected to pay federal income taxes when they have a problem in almost any part of the country paying rent, food, and other basic needs that every family with children has?

Realize all taxpayers everywhere pay state sales taxes, and property taxes if they own their home, and state and local income taxes in all but seven states, as well as Social Security taxes and Medicare taxes!

Realize that health care for millions is extremely expensive for a family of four, and that the cost of just taking care of children is sky high!

Earning $50,000 for a family of four was once considered middle class, but realistically is not enough in the economy of today,and with the taxes and fees that all Americans pay!

And realize that when one says under $50,000, that does not mean everyone is making close to that amount, as many families of four are living on only $30,000 or less for a family, and are wallowing in poverty and deprivation!

The federal government has offered tax breaks to help families pay for college, buy homes, have children, and given wage supplements to the extremely poor.

But for every tax break for lower income tax payers, the wealthy and upper middle class have been given much more lucrative tax advantages, and somehow, that is not a problem for Republican and conservatives!

In other words, if the government helps the rich, and many avoid taxes altogether or pay a very low rate of taxes, that is perfectly fine, a good example of capitalism!

But if the poor or struggling middle class has breaks, we should milk them for all they are worth, and look down on them as lazy, shiftless, lacking in ambition, and punish them for having children, after advocating no abortion rights!

Needless to say, this is the height of hypocrisy by the Republicans and conservatives, but they have no shame in condemning the poor, just as in the Gilded Age, the social philosophy known as Social Darwinism ruled, and has now been revived in modern times without any shame or embarrassment by the hard Right in this country!

Tax Day Is Here, And The Wealthy And Corporations Are Evading Taxes With Pride!

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As Tax Day arrives, the average middle class person is paying his or her taxes, and yet has no certainty that the social safety net is going to survive, thanks to the Republican Party and its intention to continue to cut taxes on the wealthy and corporations, as they have been advocating since Ronald Reagan’s time!

The tax system maximum under FDR was about 73 percent; under Eisenhower 91 percent; under Richard Nixon still about 50 percent; and under Bill Clinton close to 40 percent. But under George W. Bush, it has gone down to 35 percent, and Congressman Paul Ryan wants it to be 25 percent!

The result has been to produce the greatest stratification of wealth, greatest maldistribution of wealth, greatest inequities between the rich, the middle class and the poor in American history, in the midst of three foreign wars, and an aging population and massive social needs!

Meanwhile, the top corporations pay extremely low or no taxes at all, including General Electric and the major oil companies and banks, and many have overseas subsidiaries and operations. In so doing, they evade taxes, hire fewer American workers, charge higher prices to consumers, and give lower dividends and earnings on their investments to retirees. This country is run by the corporations, and the opposition party has no problem with that, since they gain large campaign contributions from these companies, as in the midterm Congressional elections of 2010, spurred on by the Citizens United case of the Supreme Court!

If the wealthy and the corporations do not learn that such inequities in society can lead to discontent and uprisings, then some day they may face the kind of violent change we are seeing elsewhere in the world. Exploitation can only go so far and then, regrettably, lead to dangerous scenarios that no one should wish for!

The House Republican Budget: Very Clear What The Party Is Trying To Do To America!

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The House of Representatives Budget plan devised by the majority Republicans is a clear cut attack on the middle class and the poor, and all of the social and economic progress of the 20th century Presidents and Congresses which brought prosperity and a growing middle class to American society!

The budget document is an obscene attempt to promote the super wealthy and corporate agenda at the expense of the middle class, and the poor, and with no compassion or conscience displayed at all!

Imagine this:

1. The destruction of 700,000 jobs due to the budget cuts.

2. Cutting of three million low income people from community health centers.

3.Cutting of food and health care assistance to pregnant women, new mothers, and children.

4. Major cut in funds for Head Start.

5. End of federal funding for National Public Radio and PBS.

6. Forcing states to fire teachers and aides, making class sizes dramatically larger.

7. Cutting of some or all financial aid to over 9 million college students who are low income or middle income.

8. Slashing of funds to the National Institutes of Health, cutting research on cancer, Alzheimers, and Parkinsons diseases.

9. Cutting all support of Planned Parenthood, and family planning programs.

10. Putting 10,000 veterans into homelessness because of cuts in housing vouchers.

Other plans are in the works to prevent all abortions, cut the Environmental Protection Agency ability to protect against industrial pollution, and to do nothing to create new jobs, hoping to make economic conditions worse, with the hope that the American people would blame the Democrats and President Obama for the poorly performing economy!

This is a time for all decent people to make clear through calls and emails to their Congressmen and Senators that they will not tolerate the war on America’s middle class and the poor being perpetrated by the Republican Party!

It is time that excuses for budget cuts be replaced by tax increases on the wealthy and the corporations, who have to take responsibility on the national and state levels to help resolve the inequities that exist in America. They have received enough benefits over the past ten years, and really the past thirty years, and it is time to pay up as good, responsible Americans!

The Census Figures And The Republican Party: Not What It Seems!

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When the census figures came out a week ago, Republicans were rejoicing as the Sunbelt gained seats in the House of Representatives and in the Electoral College vote for President, but the true tale is that the growth of population does NOT favor the GOP long term, particularly if the Republicans do not adjust to the reality of immigration.

It is true that Texas and Florida gained four and two seats in the House of Representatives, along with one seat for Arizona, Nevada, Georgia, South Carolina, Utah and Washington State.

But much of the growth in population was Hispanic or Latino, and with the GOP promoting a hard line on immigration, and preventing passage of the DREAM Act for immigrant children, there is a likelihood that Hispanics will NOT vote Republican in these states, and as the voting population grows in these areas, the Democrats have a very good chance of gaining power in many of the Sunbelt states over the next decade.

Additionally, the demographics shows the suburbs of major cities, which used to be reliably Republican, no longer are. The astounding statistic is that John McCain, who had more of an open mind on immigration when he ran for the Presidency in 2008, managed to lose all of the suburban counties surrounding New York, Philadelphia, Chicago, Detroit and Boston, as well as the majority of suburban counties surrounding St. Louis and Cleveland. Additionally, except for Orange Country, McCain lost all suburban counties in southern California, and won Orange County by the smallest margin of any Republican in modern times!

Women have been historically Democratic, and independents have moved in that direction, except in 2010, which is likely a blip on the map, not a trend. And even rich people and counties are more than ever moving toward the Democrats, and contributing more to the Democrats.

Not all rich people vote their pocketbook, but also vote on social issues, and the reality is that the number of “have nots” will always outnumber the “haves”, so for the GOP to work against the interests of the struggling middle class, as well as the poor, is counter productive in the long run.

So while the GOP might control redistricting in many significant states and have Governors of their party in control, trying to project a long term Republican advantage electorally is far from guaranteed!

The Truth About Taxes: They Must Go Up, Especially On The Wealthy!

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A study by the NY Times demonstrates that tax rates have fallen for the wealthy in the past thirty years by a far greater amount than for middle income taxpayers, while their incomes have soared.

At the same time, the incomes of most workers have grown only slightly, and their taxes have only gone down a bit.

The rich have become much richer, a with a greater share of income concentrated at the top, and they are taxed less than they once were on every dollar.

But the study shows that if taxes are not raised on the wealthy, the only alternative is to raise taxes on everyone else a lot more than would occur otherwise,or there will have to be deep cuts in Medicare, Social Security, military spending, and other large spending programs.

It is clear that affluent families have the ability and means to hide much of their income, and are therefore putting the burden of taxation on the middle class. There is no sense of responsibility or patriotism that their being more fortunate requires that they willingly pay more taxes as they used to, without complaint, since it is the American system that allowed them the opportunity to achieve more success, and they owe support to the country that gave them that chance.

No one “enjoys” paying taxes, but it is a responsibility of citizenship. It has become a mark of greed and selfishness that those on the top do everything they can to avoid taxes and put the burden on those less fortunate and less able to pay higher taxes.

Future increases in taxation, in any case, is inevitable, whether one likes it or not!

This is a sobering thought on Income Tax Day, April 15!