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Friday, August 13, 2004

MORE OF THE SAME 

CBO Report Finds Tax Cuts Heavily Favor the Wealthy
By EDMUND L. ANDREWS
NYT, 13 August 2004

EXCERPT: Fully one-third of President Bush's tax cuts in the last three years have gone to people with the top 1 percent of income, who have earned an average of $1.2 million annually, according to a report by the nonpartisan Congressional Budget Office to be published Friday. The report calculated that households with incomes in that top 1 percent were receiving an average tax cut of $78,460 this year, while households in the middle 20 percent of earnings - averaging about $57,000 a year - were getting an average cut of only $1,090. The new estimates confirm what independent tax analysts have long said: that Mr. Bush's tax cuts have been heavily skewed to the very wealthiest taxpayers. Those are also the people, however, who pay a disproportionate share of federal income taxes. The calculations, which were requested by Congressional Democrats, are all but certain to intensify a central debate between Mr. Bush and Senator John F. Kerry, the Democratic presidential nominee. Mr. Bush has argued that the tax cuts provided crucial support to the economy at a time when it was mired in a recession and reeling from the effects of a stock market collapse, terrorist attacks and corporate scandals.
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Well, at least Bush knows how to solidify his base.

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Thursday, August 12, 2004

WHY DOES THE RECONSTRUCTION (sic) LOOK LIKE SUCH A CRIMINAL RACKET? 

I grabbed several items for the Friday issue of BushWhackedUSA, but this is the one I'd love to discuss...

Fables of the Reconstruction
By Christian Parenti
The Nation, 12 August 2004

EXCERPT: Throughout the country, vital systems, from water and power to healthcare and education, are in woeful disrepair. The World Bank estimates that bringing Iraq back to its 1991 level of development will cost $55 billion and take at least four years. In the past seventeen months, US taxpayers have set aside a total of $24 billion to rebuild Iraq. Most of that sum has not been spent, though billions of dollars of poorly accounted for Iraqi oil revenues have been expended, or at least allocated to foreign (mostly American) contractors. Humanitarians see reconstruction as a moral obligation: a form of reparations for two US-led wars and thirteen years of brutal sanctions. From a military standpoint, reconstruction is central to the US counterinsurgency effort. The occupation's star officers, like Maj. Gen. David Petraeus, readily acknowledge that a broken economy means more violence. But seen up close, reconstruction in Iraq looks less like a mission of mercy or a sophisticated pacification program and more like a criminal racket.

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NEGLECTING THE BIGOT VOTE 

With Republicans echoing the talking point that Democrats take the African-American vote for granted (all summer long!), it should be a standard response to accuse the GOP of taking it's constituency of bigots for granted. Why don't they just come out of the closet: the GOP is the party for homophobes, xenophobes and people whose hearts are dripping with hatred.

I'm waiting for someone in the GOP to stand up and say, "I'm a bigoted American, and proud of it."

Grrr...

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Monday, August 09, 2004

CRUNCH TIME IS A GOOD TIME FOR BLOGGING 

I changed my mind. I'll keep at it, but won't commit to regular posts. Some days it'll be three, some days none. Gotta run -- the baby calls!

[[[BushWhackedUSA.com & BushWhackedUSA: THE BLOG]]]

Sunday, August 08, 2004

Shhhhhhh 

I'm going to retire from the blog indefinitely, to focus my (severely limited) energy on the main site between now and November 2, which is 86 days away. It's crunch time, as they probably say in the cereal business, and in other crunchy businesses.

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