Generation Greed and the Debt Ceiling

|

Imagine this. In mid-2013, President Mitt Romney asks to increase the debt ceiling so he can borrow money to provide benefits for today's seniors while continuing to collect taxes as the lowest level relative to GDP in 60 years. "We owe it to our children to make a deal," he illogically claims. And a large rump of newly elected Democrats in the house threaten to depose Speaker Nancy Pelosi, now back in charge, unless the federal income tax rate is increased to 90 percent on those earning more than $500,000 per year, with no spending cuts. The impass leads a possible financial and economic meltdown. Until Romney knuckles under and agrees to tax increases (with no spending cuts), but only on the politically powerless and younger generations. (Just as Obama is being pressured to agree to just spending cuts, but only for the politically powerless and younger generations).

Enough of this nonsense. As a result of Generation Greed, our taxes are going up, our public services and benefits are going down, and our standard of living is going down, unless our cronies on the corporate board vote for our salaries or we have a public employee pension. But Generation Greed politicians would rather engage in theatrics and finger pointing than face the reality of what they have collectively done. Let the meltdown happen now. Otherwise the rot just continues. They staved off collapse in 2008, and merely preserved the wealth of the wealthy. Bail out the wealthy, or you get another Great Depression. And here we are three years later, blackmailed again. And here we will be in two years. In a collapse everyone gets hit. Perhaps it isn't the worst case scenario after all. Perhaps only a disaster will stop the "I want for me now!" chant we've been hearing for 30 years.

The Gateway (MSNBC Outfoxes Fox Edition)

|

I still think Anthony Weiner should be MSNBC’s next prime time host, and if they’re looking for a black host, I’d go with either Eugene Robinson or Melissa Harris-Perry, but even though I agree with all of McWhorter's criticisms of Sharpton and might even go further, I don't know where "right and wrong" comes into a hiring decision at MSNBC.

If Sharpton pleases the network's existing and profitable fan base, or expands it into new potentially profitable demographics, then it is the "right," decision.

A Centrist Case Against a Party of “The Radical Center”

|

When it comes to international affairs, Thomas Friedman seems a sensible guy, equally subject to criticism from leftie Israel bashers for being anti-Palestinian and right wing Zionists for being anti-Israel.

But once he lands in the States, all Friedman’s brains seemingly go out the window.

For a while now, Friedman has been one of punditocracy’s leading voices calling for the creation of a third party of the “Radical Center.” .

Turning Japanese

|

WIKIPEDIA: In common English usage, a Kabuki dance is an activity or drama carried out in real life in a predictable or stylized fashion, reminiscent of the Kabuki style of Japanese stage play. It refers to an event that is designed to create the appearance of conflict or an uncertain outcome, when in fact the actors have worked together to determine the outcome beforehand.

Job Posting

|

Wanted, politically savvy transit manager willing to preside over the gradual re-collapse of New York City's transit system due to deferred maintenance while denying it is occuring, be publicly blamed for the consequences by those actually responsible (all of whom drive everywhere to parking spaces reserved for them by placard), and hated by the suckers who believe them. In exchange for decent pay, little work, and a fat pension.

The successful applicant is expected to live outside New York City in an undisclosed location, and not appear in public except during the first half hour of public hearings, during which elected officials castigate them for the very situation they created while the MTA head sits in silence. Among the key selection criteria are the willingness to not object to an assertion that a 20/50 pension enhancement wil cost nothing, the willingness to go on borrowing money the MTA cannot possibly repay, and the ability to make sure those affluent municipal bond holders and Florida residents get paid, no matter what. Any interest in actual transportation is optional, as most public services are optional as well. However, the ability to come up with cutsey distractions like shifting the transit map around to generate favorable New York Times press is always helpful. Apply to Sheldon Silver and Dean Skelos Andrew Cuomo.

© Room Eight