Saturday, June 25, 2011

Links too good to lose

For a number of reasons, it appears my internet access will be dicey at best for a while yet so let me archive some links that are worth keeping for future reference. You may even have missed some of these.

More Democratic proposals the GOP finds objecitonable:
Democrats want to close tax loopholes that benefit oil companies, and eliminate a tax preference that gives corporate aircraft a friendlier depreciation schedule than commercial aircraft. Additionally, Van Hollen said, Democrats were proposing to phase out tax deductions and certain credits for people making more than $500,000 a year. These would be paired with a reduction in the tax burden on lower earners, by eliminating existing limitations on their deductions.
We just passed the tenth anniversary of the Bush tax cuts and shockingly the GOPers didn't throw a party to celebrate. As I said at DetNews, if they really worked, shouldn't we be at zero unemployment now with a truly booming economy?

This was vaguely amusing. GOPers don't seem to understand the concept of penny wise and pound foolish. Especially like Benen's analogy here:
Understanding this just requires a little bit of thought. If we cut spending on volcano monitoring and tsunami warnings, we save a little money on maintenance, but pay a lot of money on damage repairs after disaster strikes. If we cut spending on food safety, we save a little money on inspection, but pay a lot of money on health care costs when consumers get sick. If we cut spending for the Securities and Exchange Commission, as Republicans are desperate to do, we save a little money on enforcement, but pay a lot of money to clean up financial catastrophes.
The instant subject was Rand Paul's objections to "funding the existing Older Americans Act, including a $2 billion investment to prevent senior hunger." There's also video at the link where Bernie Sanders schools Randy on the concept.

This story keeps trying to slither into the memory hole but one lives in hope that it eventually gets legs in the legacy media. Everything you need to know about the evolving Clarence Thomas ethics scandal.

This one didn't build enough steam either. GOPers and other health reform haters were widely citing this study that initally claimed something like 30% of employers would dump health insurance if reform isn't repealed. Thanks to a handful of tenacious bloggers, The McKinsey & Company finally come clean. They were forced to admit the study was seriously flawed and completely misleading.

And this is a pretty old one, but worth revisiting from time to time. Corporations spend more on CEO compensation than they pay in taxes. A subject that's sure to come up again.

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