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Class Warfare

letsgetitdone's picture

The Most Important Point of All Was Ignored

MSNBC's right wing representative on The Cycle, Abby Huntsman, got a lot of pushback from Social Security defenders after her rant last week. They made points similar to the following in countering Huntsman:

letsgetitdone's picture

An Open Letter to Don Beyer, VA – 8th Candidate for Congress

My Congressman, Jim Moran, is retiring this year and his seat is up for grabs in the VA – 8th Congressional District. This is a solidly blue district made even more solid by the Republican gerrymander following their win in the disastrous elections (for poor people, for women, for the middle class, and for minorities) of 2010 in Virginia. So, the question is, which of the eleven candidates who are running in the primary will win it, and become the heavy favorite to win the Congressional election in November.

The heavy primary favorite is Don Beyer, a noted auto dealer in Northern Virginia, who has served as Lieutenant Governor twice, and also as Ambassador to Switzerland. My impression of Ambassador Beyer has been favorable. I have a friend who bought cars from him over many years and who had his Volvos serviced at his dealership all the while, and he had nothing but good things to say about the integrity of the service he received.

That said, however, and personal characteristics aside, I'd like Beyer to clarify his positions on the issues. So, I'm addressing this open letter to him. Read more about An Open Letter to Don Beyer, VA – 8th Candidate for Congress

letsgetitdone's picture

Still Not Over: CPC Update

The Congressional Progressive Caucus (CPC) recently issued its “Better Off Budget” document as an alternative to the White House/OMB document, and the coming House budget document, a Republican/conservative alternative. The “Better Off Budget” has received enthusiastic evaluations from writers affiliated with the DC progressive community. Richard Eskow's recent treatment is typical and provides other reviews that are laudatory. These “progressives” clearly see the CPC budget as anything but an austerity budget. But is it, or is it not? Read more about Still Not Over: CPC Update

letsgetitdone's picture

An Even Better Way to Get Money Out of Politics

A couple of weeks ago, I posted on a simple solution to the problem of getting money out of politics. I said then:

If the election you're voting in is virtually a two candidate contest, then vote for the candidate, who, in combination with her/his supporters spends the least amount of money. In a virtual multi-candidate contest, do the same thing.
That's the proposal, in its simplest form. Its objective is to reverse the current race to the bottom in buying elections by ensuring that there would be a powerful incentive to start a race to the top to raise and spend as little money as possible in campaigns. That incentive is that if you spend too much you lose, pure and simple.

The other rationale for the rule is that the person who raises and spends the least amount of money for a campaign, will generally be the person who is “less bought” by wealthy people, financial interests, and large corporations. Eventually, if the rule took hold it would no longer be said of the Congress that “the banks own the place.”

letsgetitdone's picture

Peterson Thinks We Need Austerity While He Lives It Up!

The Peterson Foundation reacted to the President's budget document with a report repeating its usual whining about the debt problem, and the need to cut entitlements. Here are quotations from the report and my explanations of why they are ridiculous deficit/debt terrorist nonsense. Read more about Peterson Thinks We Need Austerity While He Lives It Up!

letsgetitdone's picture

No, Virginia, the Austerity Era Is Not Over

If the President's budget were enacted by Congress, and OMB's projections over the next decade hold, it would almost certainly mean economic stagnation punctuated by recession over the next decade. Would it also mean austerity, however? Let's see.

The Sector Financial Balances (SFB) model is an accounting identity, and these are always true by definition alone. The SFB model says: Read more about No, Virginia, the Austerity Era Is Not Over

letsgetitdone's picture

How to Restore the Good Name Of Government

Why is it that Washington village “progressives,” and their associates in other parts of the country who are nevertheless part of the Washington village culture, often ask useful questions, but, almost always deliver, underwhelming answers? Here's an example from Richard Eskow, probably the best writer at Campaign for the American Future. Read more about How to Restore the Good Name Of Government

letsgetitdone's picture

Dear Dr. Krugman: Please Let Me Explain

letsgetitdone's picture

What Now?

Today, John Boehner bowed to the inevitable logic of the impending political season and placed a “clean” debt ceiling increase bill on the floor of the House. At this writing, the bill passed with 28 Republican and 193 Democratic votes. Now it moves on to the Senate, where it is expected to pass in time to allow the Treasury to keep issuing debt instruments.

So, now we have had agreement on a budget partially rolling back the sequester, and the Republican leadership appears to have decided not to have another debt ceiling crisis. I wrote a post called “What Happens Now?” just after the Government shutdown ended last October. There I analyzed the political situation and made a number of predictions about the short-term future. Here's how I answered the question: “Growth and Jobs or Shutdowns and Debt Ceiling Crises?” Read more about What Now?

DCblogger's picture

Peter J. Larkin would actually rather screw his workers and customers than make a buck

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Republicans Just Won the Food Stamp War

On Wednesday morning, Republicans won a years-long battle over whether to slash or spare food stamps when the House passed the farm bill, a $500 billion piece of legislation that funds nutrition and agriculture programs for the next five years.

letsgetitdone's picture

Professor Krugman's Nervous Tic?

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Paul Krugman's recent post makes some good points about the myth of the undeserving poor. But does he have a nervous tic?. When criticizing conservative economic views, doesn't he always seem to genuflect slightly to conservative opinion in order to appear "reasonable"? In this post he says:

"I’ve noted before that conservatives seem fixated on the notion that poverty is basically the result of character problems among the poor. This may once have had a grain of truth to it, but for the past three decades and more the main obstacle facing the poor has been the lack of jobs paying decent wages. But the myth of the undeserving poor persists, and so does a counterpart myth, that of the deserving rich."

What "grain of truth" ever existed in this story? Where is the empirical evidence that the poor were ever more "lazy" than the rich or had other "character defects" (Not K's words) that the rich don't have in abundance, as well? I don't think there is any. What the conservatives believe is pure BS. Some people are certainly "lazier" than others. But there's no evidence that this aspect of character is class-based. It's just prejudice, myth, and conservative fairy tales, which they embrace in place of authentic religion, run rampant. Read more about Professor Krugman's Nervous Tic?

letsgetitdone's picture

The TPP: A Dangerous Proposal Whose Time Has Gone

A recent, very good post at Naked Capitalism by Clive, suggests:

. . . Dear readers, you may think that writing to your elected representative, commenting negatively on articles you read in the mainstream media about the TPP and generally kicking up a bit of a fuss, making some noise, is a waste of effort. That is not so. The world does watch what goes on in the US. If popular sentiment is against something, the US government has a much harder job of convincing foreigners that it’s just them being awkward and reactionary and not getting the big, progressive, reform-minded, modernising picture.

I agree that this is a good proposal for one way the American public could register its objections to the Trans-Pacific Partnership (TPP) with foreign leaders. But, I think that such letters ought also to point out that even if the TPP were railroaded successfully in the next few months, then it is unlikely to stick. After all, it is only a Treaty. Wouldn’t an electoral victory here by a movement dedicated to overturning corporate control of the political system, result in withdrawal from the TPP before any concrete legislation likely to conflict with it was passed by Congress? Read more about The TPP: A Dangerous Proposal Whose Time Has Gone

DCblogger's picture

Priorities

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Colorado Shows How To Legalize Pot But Keep the War on Drugs, and Guard the Profits of Rentiers

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Is there really a bad way to legalize marijuana? Last week I got a phone call from a friend advising me to look a little deeper. I did.
If your job was to design a legalization regime that would pretty much keep the war on drugs, and confine the economic beneifts of legalizing weed to the narrow circle of rentiers who already have toll booths planted in the middle of every ordinary transaction, and lock down the growers in a fashion that will make it relatively easy to persuade or force them to use seed varieties patented by agribusiness firms, Colorado would be a good start. Read more about Colorado Shows How To Legalize Pot But Keep the War on Drugs, and Guard the Profits of Rentiers

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