Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Monday, February 09, 2009

On President Barack Obama's Town Hall in Elkhart, Indiana


Michiana--To say we're seeing a change and a change in tone from that of the Bush II administration would be an understatement, it's more than refreshing, it's exhilarating.

It's the feeling and knowledge that at least there's some genuine leadership in the White House and the Capital in general, a kind of civic feeling Americans haven't felt since before the Republican disgrace of Watergate. The paralyzing cynicism that has benefited the GOP and business sector for over a generation--for now at least--is abating.

69% of the American public approve of the route being taken by the Democratic majority in Congress and the White House, a majority. Obama's ratings on the same are 67%. But there are those who have decided to live in the past, to suggest doing little-or-nothing, and to insist on the same-old, same-old phony panacea of tax-cuts. But that's the minority of Americans today, it's not 2004, let alone 1928.

Yet the Republican minority still doesn't appear to have realized that they lost the elections in 2006 and 2008 and have reverted to their usual M.O. of obstructionism and the inaction of Herbert Hoover. If they don't relent in this behavior, 2010 appears to hold the same for them. America has bigger problems than this, but rather than pooling together with the rest of America to solve this economic crisis they're working to survive ideologically and politically thanks to the very crisis that was created at their strong insistence not just over the last eight years, but the last 28. The GOP exceeds in servicing the paradox and the illogical demands of unaccountable power, and the DNC has been their enabler until now, the reason they're throwing their tantrums.

However, this time, the obstructionism is occurring in the face of an unprecedented economic crisis, and predictably, they're not changing their stripes. Quite the contrary, but we knew it was coming. The Republican Party, rather than changing and adapting to an unprecedented crisis, is attempting to go further to the right, and it's a sign of their dysfunctional nature. This refusal to change is going to come at an incredible additional cost for a party that's already disgraced on the national political stage and throughout the world.

Granted, an utter failure of ideology has never stopped the GOP, but events do. During the deepest, darkest years of the Great Depression, President Herbert Hoover did virtually nothing in response to an unprecedented economic crisis, and the contemporary Republican Party are acting along similar lines. Hoover's inaction cost the GOP for over fifty years, putting them in an earned minority status. The public merely finished the job when they stopped voting for them as they had before October 1929.

While the GOP is openly admitting that there needs to be a stimulus package, they undermine what is a national effort to stem the tide of what could become a catastrophic crash if they continue to insist on the old rules of the game. Should there be wasteful earmarks in the stimulus bill? Of course not, and they should know full well that more tax-cuts for the wealthiest aren't going to do any good and aren't going to create any new jobs anytime soon either. It's truly the "end of an era," that of Reaganomics and neoliberalism, both essentially the same thing.

Trickle-down economic practices have bitten the dust, but you wouldn't know that from talking with a Republican or watching their hysterics on the mainstream news, C-Span, and through their echo chamber throughout the Internet and the mainstream media in general. This is a noise. It's just more "cut taxes," as though there's some magic panacea that's going to fix everything or that such practices didn't get us into the mess we're in right now.

Logic and experience tell us otherwise: The rich will hold-on to that money, hoarding it just as the banks have under the Bush II administration's poor stewardship of the banking bailouts. Why? Besides your basic greed, a lack of imagination and that inability to change in a rapidly changing world economy. That's nothing new, but the urgency of this crisis is.

Now, the congressional GOP are stalling and nit-picking over sections of the proposed stimulus legislation that covers public-spending, namely spending so that there is a future economy. Some of this is legitimate criticism, but holding-up this crucial legislation generally over social-spending is not, and just another indicator that the Republican Party has little to offer in vision or constructive action. When it comes to military-spending, the GOP are about as "conservative" as a sailor on shore leave after payday, no limits, no-holds-barred. We don't even need the F-22 fighter? No problem, we'll label it something other than "pork," that it's "vital to the defense of the nation," when the reality is that it doesn't create many jobs and doesn't make us any safer. The Democrats have problems in this area as well...

In addition, the GOP had no problem--John McCain and a few others in Congress notwithstanding--during the Bush II years in creating a grotesque distortion in our economy with a $1 trillion tax-cut for the wealthiest back in 2001, expected to sunset in 2010, but will likely be dropped as events in the economy take us into a deeper man made decline.

A new weapons system now? Fine, both parties can agree on that most of the time, but forget about cleaning-up the mess they created, it being primarily the GOP's mess. Breaking-up is hard to do, however, and the Republican Party has become accustomed to Democratic submissiveness to their agenda over the years since Reagan. Some so-called "centrist" Democrats in Congress also seem to have missed-the-fact that the old relationship is ending, but it doesn't matter. More political fallout for the GOP is coming and it's going to be a tidal wave coming from the public, especially if inaction clearly causes a deepening of this crisis. The time for political games is over.

Again: events are taking things down a specific and irresistible historical road that was created by the excesses of the business, financial, and political sectors. Deregulation made this not only possible, but inevitable at some point.

The plan President Obama outlined today was a breath of fresh air, and the skeptics are dwindling in a part of the country--the heart of the Midwest--which nobody would have thought would turn to the left anytime soon back in 2004, Elkhart notwithstanding. Events have a way of changing things, attitudes, and the way people view their lives. That means the economy, and our political process. The world is watching, and the world will be affected, almost immediately. They will not be pleased if we fail. It's time to set-aside petty differences and act as Americans by supporting immediate action by passing this stimulus bill now, within the next two weeks.

The President has warned that without acting now, we could have a "catastrophe" on our hands that could become irreversible for at least a generation. Credible economists are telling us this, not some political hack at the Heritage Foundation in their ivory tower office, but real economists, academic ones. This isn't about left or right, this is about rebuilding the economy of the United States of America. If we fail, we fail not only ourselves, but the rest of the world, and future generations of Americans. It's unacceptable.

Conservatives who claim government intervention isn't going to work are wrong (as usual): it's the only option left when over 25 banks have already failed in 2009--that's a situation in which the private sector is totally paralyzed--both by failed ideologies and by the fact that many of them have no capital left to spend...or borrow. Banks who have been given capital-infusions are hoarding previous bailout capital thanks to the flawed methodology (incompetence) of the outgoing Bush II administration's in expediting their bailouts.

Oversight and reasonable regulation would have fixed this proactively and it's just another example of how this mess began in the first place, and how it has perpetuated and expanded and deepened. It's also how it could become a much bigger crisis than the Great Depression. But for the GOP, nothing succeeds like failure, and their ideology has been tested and proven as such--a failure. The time for throwing fits is over, and it's time for America to grow-up and realize that the marketplace should never trump government ever again because it isn't sustainable.

The President has made it clear by inviting everyone in an unscreened town hall meeting in Elkhart that he is serious about the input of the public. This is new. He was asked critical questions and answered them, a situation that the last president was incapable of coping with his entire unfortunate duration in office with his hand-picked audiences.

This wasn't the case today.

There were no "loyalty oaths" to sign for everyone coming into the event as there were in the Bush II years, only a normal security screening. Nobody was thrown-out--unlike during the Bush II years--for disagreeing with the president, and Mr. Obama fielded them, he answered them directly, honestly, and reasonably. The entire process was informative in a way we haven't seen from a president in decades. Good job, Mr. President, you have my full support on this stimulus plan.

Will it work? Nobody knows, not even economists, not the GOP, and not the president. But we must try. We can come out of this with a much better America, and handily, but there are forces in this nation who would drag us down into the muck with them to save their petty privileges for just one more day.

Friday, October 17, 2008

Joe (really Sam, but "Joe" sounds more iconic, so he ran with it) the plumber butt


" 'I’m kind of like Britney Spears having a headache. ...Everybody wants to know about it.' ” --Faux Ohio plumber Samuel Wurzelbacher shooting his mouth off again on Thursday. (AP)

Holland, Ohio--Poor Joe. He won't pay his taxes, he doesn't really have the legal right to work as a plumber in and around Toledo (making him an unqualified scab), and he couldn't sto
p and think about these facts when he opened his big mouth towards presidential candidate Barack Obama. This would all be due to the fact that he's clearly unintelligent, making him a Republican by-default.

The Obama campaign was doing door-to-door meetings with voters in Joe's neighborhood, and it was entirely coincidental--but very likely, it being Ohio--that they brushed-up against a very silly and stupid man named Samuel Wurzelbacher, who likes to go by the name of "Joe." Or was it a coincidence?

Wurzelbacher finally had his "chance" at his own fifteen minutes of fame, and now he wishes that he hadn't taken it. He's now ducking any and all media outlets. But all the lapdog press has been doing is balancing him with the reality of his statements about the candidate, his platform, and Wurzelbacher's
claims about himself. Unsurprisingly, they don't match-up with objective reality, but since when has that ever stopped a wrong-headed American from shooting their mouth off in a way that can only hurt themselves? Ahem.

As we all know by now, Wurzelbacher questioned Obama's tax plan, echoing baseless GOP attacks that we're all--all of us--going to be taxed higher, even the rest of us who make under $250,000 a year, like "Joe." Except "Joe" doesn't make what the rest of us do, he makes significantly more, at least $100,000-a-year. Yes, I feel so sorry for everyone who makes that much a year, but they shouldn't be so afraid of Obama, he's got their tax-cheat backs more than they or Wurzelbacher might suspect. Even the late DC Madam paid her taxes properly.

Not ever wanting to look into someone's background, as in the case of VP candidate Sarah Palin,
John McCain's campaign grabbed for any straw man they could. McCain went on to mention that he was fighting for "the Joes out there" during the final presidential debate, the name being a kind of catch-all for the "everyman," the working man.

The problem is, it's not 1951 anymore, and by that point the ladies were part of the workforce anyway. Women don't figure highly in the McCain campaign's rhetoric, Palin aside, and the implications that they favor a male-dominated nuclear family as a social model are obvious. "Joe" (Sam) personifies this ossified model of wrong-headed patriarchal pacification of the rest of us. Hasn't it worked wonders for the economy and our rights these last eight years? How about the breadth of our history?

Never mind all that, Joe doesn't want to pay taxes, and he told Obama this squarely:
“Do you believe in the American dream? I'm being taxed more and more for fulfilling the American dream. ...I’m getting ready to buy a company that makes $250,000 to $280,000 a year. ...Your new tax plan is going to tax me more, isn’t it?” [emphasis added] Yes, it's hard to feel sorry for someone ostensibly poised to make a quarter million a year who doesn't want to pay their share of taxes. These were just some of the loaded questions in which Wurzelbacher neglected to provide the full-context of who he is and where he's been--he's practically a partner in the "firm" he works for with one Al Newell, and that's for starters. Do both of them split the money evenly? We don't know. I don't believe in the American Dream, that's a myth, it's crap.

Even if they did split their business's income previously, Obama's tax plan wouldn't cause a rise in their taxes, and Wurzelbacher knew this when he hit the candidate with the question. It gets worse regarding
taxes for Sam.
... And Mr. Wurzelbacher has provided only vague information on his and the company’s finances since talking to Mr. Obama. But if the plumbing business remained a two-person company and the net proceeds — after deductions for business expenses — were shared by the two men, both incomes would most likely fall well below the top tax brackets on which Mr. Obama wants to raise rates, as would the company itself.

... According to public records, Mr. Wurzelbacher has been subject to two liens, each over $1,100 [Ed.--According to Ohio state websites, his state income tax lien is $1, 182.98.]. One, with a hospital, has been settled, but a tax lien with the State of Ohio is still outstanding. ("Real Deal on 'Joe the Plumber' Reveals New Slant," The New York Times, 10.16.2008)

Why would Mr. Newell and Wurzelbacher be so coy about their financial arrangements? Questions directed at candidate Obama were by "Joe" were skewed and loaded regarding his own actual situation, which begs numerous others.

Even if the faux-plumber buys-out Newell's share of the plumbing firm it's unlikely that he'll be paying more taxes under the Obama plan, and he probably understood this when he confronted the presidential candidate. Perhaps he just had a lot to hide? There are other facts regarding the business he works for that he wasn't exactly upfront about, though it's becoming clear that he has problems with mathematics (don't we all?) in many areas.

According to an analysis by Dun & Bradstreet on Wurzelbacher's employer, A. W. Newell Corp., the plumbing and heating contractor has annual sales of $510,000.

If Wurzelbacher bought the company, by the time he took proper business deductions, Bankler said, he'd be left with between $150,000 and $200,000 in taxable income and wouldn't be affected by Obama's proposed increase in the top rates. (" 'Joe the Plumber,' Obama Tax-Plan Critic Owes Taxes (Update 2)," Bloomberg, 10.16.2008)

And so, either Mr. Newell isn't being forthcoming with his "employee," Wurtzelbacher is simply poor at math, or one or both of them isn't being very honest. To be sure, we'll all be finding out very soon who he really is and what their company is really up to.

Then, there are other troubling possibilities, such as the fact that Wurzelbacher lived at 1960 W. Keating Dr., Mesa, Arizona, part of a sprawling apartment subdivision (Dobson Ranch) constructed during the 1970s by the Savings and Loan corruption scandal figure of almost twenty-years-ago. Keating is connected to McCain from that time, and even earlier, and Wurzelbacher's connections to the former perp could be quite intimate.

Maybe these are just coincidences, but one fact is particularly bizarre: it appears that Wurzelbacher purchased his current residence in August of this year. It's either one of an incredible series of coincidences, or it isn't, yet it has all the markings of a Karl Rove job, including possible past break-ins and/or infiltration of the Obama campaign by various GOP operatives. It's possible that Mr. Wurzelbacher is one himself.

At the very least, his 13-year-old kid, his ex-wife, former in-laws, and every person he's ever snubbed or offended now have a new stick to hit Wurzelbacher with for the rest of his natural life. When Obama suggested he wanted to "spread the wealth," Wurzelbacher retorted the standard line of "That's Socialism." Why yes, it is, and it's coming, Sammie. Not tomorrow, but today, now, and there's nothing anyone can do about it. That's how history works sometimes.

" 'Joe the Plumber,' Obama Tax-Plan Critic Owes Taxes (Update 2)," Bloomberg, 10.16.2008: http://www.bloomberg.com/apps/news?pid=20601087&sid=aC4j3T5.s_eQ&refer=home

"Real Deal on 'Joe the Plumber' Reveals New Slant," The New York Times, 10.16.2008: http://www.nytimes.com/2008/10/17/us/politics/17joe.html

More on (moron) Sam J. Wurzelbacher (might need to be pasted): http://www.privateeye.com/Search/SearchResults.aspx?vw=people&input=name&fn=Samuel&mn=&ln=Wurzelbacher&city=&state=OH&criteria=Samuel;;;;Wurzelbacher;;;;OH;;;;;;

Wurzelbacher's August 2008 purchase of his current residence: http://apps.co.lucas.oh.us/areissummary/report.aspx?Parcel=6562411