Lemkin

Gone To Since 1984

And now, they're coming for your Social Security money - they want your fucking retirement money - they want it back - so they can give it to their criminal friends on Wall Street. And you know something? They'll get it. They'll get it all from you sooner or later. Because they own this fucking place. It's a Big Club: and you're not in it.

George Carlin

  • December 21, 2011 11:08 am

    All of a Piece

    I’m not sure how many times the Republicans have to say the same stuff, plainly and in modern English, before it begins to sink in to the minds of those in the media that they, the Republicans in Congress, want Obama to fail in his bid for reelection and to achieve that goal, they need the American economy to fail.

    You, as a GOP House mover-and-shaker (aka Tea Klan fanatic), are faced with the newly rising popularity of Obama (e.g. he’s in the 50s for the first time in a while), the first positive news on housing starts in a long, long time (driven more or less entirely by huge demand for apartments, since vanishingly few folks can qualify to buy houses anymore, at least not considered relative to the bubble excess and the fact that home foreclosures are still relatively high), a suddenly more optimistic public attitude re: the economy, and none of your own GOP candidates for the nomination are exactly setting the woods on fire, and may well be instead burning down the house relative to your broader chances both up- and down-ticket come 2012.

    All that considered, do you, the rank and file Tea Klan fanatic, feel comfortable handing that same Obama you want to fail a sure-fired way to boost the economy even more as 2012 rolls along? Or do you want to apply the emergency brakes? With this most recent nonsense, I think no sensate being could still deny that we have our answer.
    Now, of course, there is some subtlety to their position. They don’t want the extension of this particular tax break because it a) doesn’t help their prime audience in any way (aka the 1%), because those folks either don’t draw traditional paychecks and/or said pay is a relatively tiny fraction of their entire portfolio, so they could care less and won’t notice either way b) it legitimately does help the broader economy and quickly since we’re in an aggregate demand slump and this is cash in the pockets of the 99% who actually create that aggregate demand in, uh, aggregate, and c) is a quick and relatively easy way to sand the gears of the economy, and they think they can sell it to their crazed idiocratic supporters through ever-willing conduits like FOXnews and the Wall Street Journal (The latter of which is already overboard) using such time-honored tools as goalpost moving and poison-pill additions. No one will ever know, and if they do, we can convince them to blame “Democrat leaders in the Senate.” Who, for once, have grown a pair and are doing their part to (rightly) hang this on the GOP. They even have a “Tea Klan tax hike” style meme going. It’s like they’ve finally gotten hip to the way the other side messaged in, oh, 1992.

    But frankly this is a pretty simple calculation for the GOP. Braveheart and all the rest are just window dressing that, as usual, the MSM is lapping up. The real story, the one far too shrill to actually report: Anyone or anything getting in the way slowing the economy can kindly go die in the streets. Tax proposals benefiting the 1%: always welcome. Wedge issues that reliably bring this or that fractional percent of old white voters to the polls in November: always welcome. Anything that might actually help the economy and, by extension, Obama: forget about it. And they have.

  • December 15, 2011 12:40 pm

    "On top of the terrible politics, they even admit that [Ryan/Wyden] dismantles Medicare but achieves no budgetary savings while doing so — the worst of all worlds. Thanks for nothing."

    A “Very Senior” Democratic Aide weighs in on the Ryan/Wyden “plan” to save Medicare by dismantling and replacing it with a system already shown to be at least 25% more costly. The problem here is that Serious People know that Medicare must be destroyed. The only thing they are more certain of is Social Security’s imminent end. Therefore, anyone favoring Medicare as it stands (or, gods save us, the atheistic but sharia-mandated nightmare that would be Medicare for All) is going to be fighting the GOP, some non-trivial number of Democrats, and the always totally objective, non-partisan MSM “referees” running this rotten discourse of ours.
    So get ready. They’re coming for this. This is who they are. All the deficit whinging is merely prologue for a pitched fight to end every part of the already dwindling social safety net.
    I’d also advise anyone who thinks voting doesn’t matter to go ahead and take the long position on stock in whatever company is going to clear the dead from the streets. Halliburton, presumably. Once your vote didn’t really matter because there’s no difference anyway, there’s going to be a lot of business in that particular sector.

    (Source: tpmdc.talkingpointsmemo.com)

  • November 22, 2011 4:54 pm

    The Rub

    In all the rush to cast a pox on both houses, most Serious People seem to be missing the underlying point here.

    The Republicans want tax rates to remain at current (i.e. Bush/Obama tax cut) levels or to be lowered. To do that without collapsing the Federal Government, they have to end Medicare. Period, the end, no other way to do it. Zero the non-military discretionary budget and you still aren’t getting particularly close. Thus, this:

    …committee Republicans offered to negotiate a plan on the other two health-care entitlements—Medicare and Medicaid—based upon the reforms included in the budget the House passed earlier this year [this is what is commonly referred to as the “Ryan plan”; it ends Medicare but leaves in place a voucher system which seniors would use to try to buy coverage on the open market. Good luck with that, seniors. Anyone paying attention will recall that this is the issue Medicare was created to solve. At any rate, under Ryan’s plan everyone that fails to find coverage they can afford with regard to the differential between voucher and actual cost: go die in the streets.]

    Republicans on the committee also offered to negotiate a plan based on the bipartisan “Protect Medicare Act” authored by Alice Rivlin, [which would allow seniors to] choose from a list of Medicare-guaranteed coverage options, similar to the House budget’s approach—except that Rivlin-Domenici would continue to include a traditional Medicare fee-for-service plan among the options.

    So, the GOP “choices” here are: completely voucherize and functionally end Medicare under the Ryan plan, or vastly extend Medicare Advantage and get to Ryan’s plan stepwise. After all, Medicare Advantage has bee such a smashing success; it’s the plan that delivered a ~14% more costly version of Medicare, the program it sought to “revolutionize.”

    Democrats, on the other hand, believe that a return to Clinton era tax rates fundamentally solves the near- to mid-term budget issues. This is widely known to be true; it is also known to be true by Republicans, who are simply using the current “crisis” (which, not coincidentally was invented by them during the run-up and denouement of the debt ceiling “crisis”) as an excuse to attempt various long-held policy goals, most notably: ending Medicare.

    Long term issues in our budget do indeed exist, these can only be handled by bringing health care costs under control; Democrats wish to work towards that goal, Republicans choose to address the issue by simply ending that program entirely. This is the point at which it’s worth noting that, if we paid for medical care the per-capita rates that our next-nearest “competitor” pays, we’d be facing surpluses as far as the eye can see. Right now.
    But, a massive step in that “solvency” direction would, in fact, be Medicare for all. Instead, the GOP demands Medicare for none or they blow up the country. Those are your two GOP-approved choices. They simply don’t want to talk about it in public, because eliminating Medicare is a wildly unpopular position to hold. You’d think someone in the media would mention something as explosive as this from time to time. Doesn’t ever seem to come up.

    Clearly, though, both parties are equally at fault here. Truly a triumph of 21st Century Journamalism.

  • November 16, 2011 10:27 am

    "Frankly, half of [the automatic cuts] is aimed at national security. Leon Panetta, our Secretary of Defense says that will hollow out our defense. So number one I would be committed to keeping the $1.2 [trillion in automatic cuts]. We’ve got 13 months to find a smarter way to do it."

    Jeb Hensarling, (R, TX) GOP chair of the “Super-committee” reassuring everyone that the automatic cuts scheduled by the all but inevitable failure of the “Super-committee” will, in fact, be coming out of Medicaid, Social Security, and Medicare. The latter two are the only places left to get this kind of money, assuming the non-military discretionary budget isn’t simply zeroed. Medicaid will be included simply out of spite.
    Anyone bothered by this funding structure can (and will) kindly go die in the streets.
    But Obama sure uses a lot of drones!!!! Drones, everyone, DRONES!!! Must vote for Ron Paul or other meaningless candidate because there’s no moral imperative at all implicit in keeping a social safety net in place for millions by keeping the semi-sane in charge of at least some part of the government post-2012.

  • November 14, 2011 11:05 am

    Again with the Middle Class

    It’s almost as if our media aristocracy of inbred Serious People have a vested interest in seeing to it that the middle class, and only the middle class, gets soaked in any economic “compromise.” Amidst reacting to a particularly poor NYT Magazine piece, Dean Baker nails it:

    …the piece too quickly dismisses the possibility of getting substantial additional tax revenue from the wealthy. It presents the income share for those earning more than $1 million as $700 billion, saying that if we increase the tax rate on this group by 10 percentage points (from roughly 30 percent to 40 percent), then this yields just $70 billion a year.

    However, if we lower our bar slightly and look to the top 1 percent of households, with adjusted gross incomes of more than $400,000, and update the data to 2012 (from 2009), then we get adjusted gross income for this group of more than $1.4 trillion. Increasing the tax take on this group by 10 percentage points nets us $140 billion a year. If the income of the top 1 percent keeps pace with the projected growth of the economy over the decade, this scenario would get us more than $1.7 trillion over the course of the decade, before counting interest savings. Of course there would be some supply response, so we would collect less revenue than these straight line calculations imply, but it is possible to get a very long way towards whatever budget target we have by increasing taxes on the wealthy.

    Shocking. And but also, Baker smartly includes the most important issue in any truly serious discussion of American economics and the proper balance of same: the cost of health care:

    We pay twice as much per person as people do in other wealthy countries. Since more than half of the tab for our health care is paid by the government, our broken health care system becomes a budget problem. If we paid the same amount per person for our health care as people in other wealthy countries, we would be looking at long-term budget surpluses rather than deficits. The reason that we pay so much more is not that we get better outcomes – we don’t generally. Rather it is that we pay too much to drug companies, hospitals, medical specialists, and others in the health care industry.

    Baker’s being generous. We spend as much as five times more per capita than the best performing countries do, all of which achieve uniformly better outcomes than we do. Obviously, the only possible answer here is just get Big Guvmint out of the way so the poor can kindly go die in the streets. It’s the only serious answer to the problem. Well, that and lowering taxes on the wealthiest 1% of the country.

    Read the whole thing.

  • October 28, 2011 10:48 am

    Dear NPR,

    Compare and contrast Jonathan Chait’s approach to Paul Ryan’s fantasyworld with dread Liberal Mouthpiece NPR’s view from nowhere approach in which Ryan is simply allowed to say whatever he wants, without challenge or even follow up of any kind.

    Day by day, hour by hour, brick by brick NPR is building its own tomb. Once they’ve chased off all thinking individuals from their “coverage,” a defunding move by the GOP will be a non-event. NPR has vastly higher listenership than FOXnews and still, occasionally, reports facts. Therefore NPR must cease to exist. This is who they are. This is what they do. They want to destroy you, NPR, and you are going out of your way to help.

  • October 19, 2011 10:26 am
    999 explained in one graph. I see no reason 999 won’t be uniformly and forever adopted by the Tea Klan. Accept no substitutes! The poor have only themselves to blame! View high resolution

    999 explained in one graph. I see no reason 999 won’t be uniformly and forever adopted by the Tea Klan. Accept no substitutes! The poor have only themselves to blame!

  • October 11, 2011 12:25 pm

    "Most Republican voters believe, with good reason, that Romney stands a strong chance of winning the nomination and beating President Obama. The question is whether he would put repeal front and center—whether he would emphasize it in the general election campaign, and whether he would go to the mat for repeal once in office. Would Romney’s campaign build enough momentum for repeal to achieve 60 votes in the Senate and defeat a potential filibuster? If not, would Romney be willing to advance repeal in the Senate via reconciliation, the complicated and unconventional process that takes only 50 votes but which would also require a far greater expenditure of political capital?"

    Jeffery H. Anderson makes me wonder if he’s even been paying attention. If we assume that the posited chain of events occurs: GOP holds some kind of House majority and gains a new but non-60 vote majority in the Senate (and, of course, President Mittmentum) then it doesn’t take a rocket scientist to derive the complex psychohistorical formulas for what happens next?!?!?
    The GOP eliminates (by simple majority) the filibuster on the first day of the new Congress. The MSM declares this an entirely reasonable, “sensible center” approach to governing. Wholesale dismantlement of the New Deal follows, coupled to and justified by the oncoming tax revenue collapse from a 0% effective tax rate on the rich and consumption-based, maximally regressive tax on everyone else.
    It’s what they’ve been talking about for years. They are entirely serious. They mean to do it at the first opportunity, and this would be it. There will be no fiddling with reconciliation or anything approaching “normal order” as we define it in 2011. How many times do they have to say this stuff before someone in the MSM takes them seriously and asks a follow-up or two? Or, for that matter, before The Democrat starts using these positions against them. (Shrill! Class War!!).
    The far-right GOP candidates and elected officials are not “blowing smoke” or “providing red meat” for the “true believers.” This is who they are. Everyone else can kindly go die in the streets.

  • September 13, 2011 11:03 am

    Only Off by 3.3 million

    Steve Benen notes the systematic nature of claiming “zero jobs” created from the stimulus despite the conclusion from the Congressional Budget Office that

    “President Barack Obama’s stimulus package may have created or saved as many as 3.3 million jobs last quarter and lowered the unemployment rate by as much as 1.8 percentage points”

    Let me make this as clear as I can: The Facts Do Not Matter. Unless and until Wolf Blitzer stops the debate and says “then how do you square that statement with the findings of the CBO and 99.9% of world economists who have all concluded…” we will make zero progress.

    The modern GOP is entirely predicated on empty boilerplate, outright lies, and brazen platitudes specifically designed to play well for the low information, low attention voter. That is the essence of the Tea Klan: I want all the government services I prefer to be provided for free, everyone else can kindly go die in the streets; here is my entirely unsubstantiated “plan” to make that happen. The cheers at the notion that an under- or un-insured 30 year old in a coma should simply be allowed to die coupled with boos at any notion of immigration being a powerful and useful economic engine for the country say pretty much everything you need to know about the broader movement. God help us if these folks ever discover just how much of the “Texas Miracle” occurred at the hands of legal and illegal immigration into the state. Thus it should come as no surprise that the audience questions last night reflected this sort of poisonous vacuity relative to the actual state of affairs of numerous, seemingly straightforward issues facing the country.

    By way of example, there was a long, multi-participant disquisition on how waste, fraud, and abuse totaling in the tens of millions and maybe even into THE BILLIONS could impact the deficit and debt of an approximately four trillion dollar budget. Not one candidate stepped in to even imply that these maximally estimated waste numbers were extraordinarily small potatoes in the context. And neither did Wolf Blitzer. So what was he doing there, exactly?

    The same goes for Social Security. Interminable amount of discussion about a program that is largely self-funding and will not be a significant deficit driver for decades and need never drive the deficit should the government choose to make long-term, minor adjustments to the program. Cost growth within Medicare will have destroyed the federal government long before we ever have to think about Social Security as a threat to the solvency of the government. Did that merit a mention? Did Wolf hold anyone to account for that seeming incongruity?

    The same goes for “Obamacare.” Each of the candidates begged for “market-based” private insurance solutions to health care delivery in this county. Precisely what, pray tell, do they think “Obamacare” is? Did Wolf bother to ask?

    This is all before we even touch lengthy discussions of tax policies featuring 0% rates, 9% national sales taxes, and every other kind of pie-in-the-sky nonsense without even a whisper of how such a rate of collection could even partially pay for existing military budgets, much less everything else dread government does (but don’t cut my pet program!). Was any of this even tangentially addressed? Did anyone get asked what sort of total spending their wonderful tax plan would presage and how that would change federal priorities as we know them (assuming for the moment that the candidate pushing their idea got exactly what they were asking for)? Doesn’t that seem like the sort of thing a moderator should be doing, Wolf?

    Of course not, because within our modern media construct the facts do not matter. The facts are the last thing they are concerned with. This was an event entirely predicated on and existing only to produce new sound and fury signifying nothing that will nonetheless be dissected and replayed purely from a horse-race perspective until the next one of these intellectual disasters transpires. It’s why they’re having 52 of them: to feed the mill. What, you thought it was to better understand the relevance and relative merits of the various platforms?

    Until we in America force the broader media to start doing its job (by taking our eyes and ears elsewhere), we will continue to get exactly this kind of crap, which is precisely the sort of leadership such an electorate deserves. I wouldn’t hold your breath.

  • August 30, 2011 11:04 am

    Perry's Millions

    Rick Perry has quite a nose for land speculation:

    Discharged from the Air Force in 1977 aged 27, he was elected to the Texas House of Representatives seven years later, in 1984. At that time, the Perry family reported income of $45,000, largely from Mrs. Perry’s work as a nurse.

    […]

    in 1993, there was a piece of ground that computer billionaire Michael Dell needed to connect his new house near Austin to city water mains. Dell neglected to appreciate the land’s importance. But Perry did discern it. He bought the land for less than $120,000 – then sold it to Dell two years later for a $343,000 profit. Uncanny.

    [in the 2000s] A Texas real estate developer sells land to a Texas state senator – the senator who happened to represent the development’s district. The state senator sold the land to Gov. Perry. Gov. Perry then sold then land – back to the real estate developer’s business partner. Perry scored a profit of $823,000.

    These are his real GOP bona fides: living the concept that political power is only to be used for enrichment of self and then, where possible, your richest and therefore most generous supporters, be they actual biological persons or the frequently GOP-personified corporate interests. The policy outcomes of this stance, whatever they may be, are entirely beside the point beyond their utility in enriching self or key supporters.
    After all, the GOP goes out of its way to prepare the populace for the repeated failure of government, it delights every time a corruption scandal comes to light, and it uses said failures and scandals to further weaken the operation of government, sand the legislative gears, and generally hamstring government oversight, all to better enable their preferred uses of political power: enrichment of self and key supporters. There is no third thing. Anybody not already in on the deal can kindly go die in the streets.