Buffett - $40 billion thanks to the country that made it possible

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Sunday June 25, 2006 · 3:42 PM PDT

2006/06/25 · 15:42

Warren Buffet is giving away $40 billion. He made that money in the last 40 years. Pulled himself up by his bootstraps, you might say. Unlike people who inherit wealth (e.g. Republicans voting to repeal the estate tax while they vote to not raise the minimum wage) Buffet is intelligent. If the Republican leaders of this country were able to understand the startling truth of this one statement from Buffett, this country would be a very different place. Buffett:

In that, we agreed with Andrew Carnegie, who said that huge fortunes that flow in large part from society should in large part be returned to society. In my case, the ability to allocate capital would have had little utility unless I lived in a rich, populous country in which enormous quantities of marketable securities were traded and were sometimes ridiculously mispriced. And fortunately for me, that describes the U.S. in the second half of the last century.

democracyinalbany

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Sunday May 28, 2006 · 7:09 AM PDT

2006/05/28 · 07:09

The Albany Times Union ran a column today by Gannett News columnist Richard Benedetto titled

Democrats step back from centrist Lieberman

It opens with the premise that the Democratic party is being taken over by Extremists

We hear and read a lot about the disappearance of centrist or moderate Republicans. But that moderate breed is becoming endangered in the Democratic Party, too.
Case in point: Connecticut Democratic Sen. Joe Lieberman, who is fighting to survive an intraparty challenge from activist liberals who don't like his middle-of-the-road stands, particularly on Iraq, and want to punish him.

Notice how supporting the Iraq war is "middle-of-the-road"? I guess he doesn't pay attention to polls. He then goes on to say that Lieberman's comments on his support of the war "incensed" the blogosphere
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Tax Cuts for the Rich - Do the math

democracyinalbany

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Thursday May 18, 2006 · 6:49 AM PDT

2006/05/18 · 06:49

While I've seen the DC democrats trying to make the point about how the Bush tax cuts only benefit the rich I think they are doing a very poor job of it. Here is the stat I repeatedly see:

The Senate tax cuts will save an American earning $1 million a year about $42,000. An American earning between $40,000 and $50,000 will save around $47.

And when I see that stat I know that there are a lot of people (i've heard it many times), that will say, "well of course a millionaire gets more with these tax cuts...they MAKE more!!" and then the person saying that will give you a look like you are some kind of idiot. This person usually isn't a millionaire themselves and one of the main reasons is probably there inability to do simple math. If these current tax cuts weren't heavily in favor of the rich than the refunds should be proportional. Let's do the math.

$47/$40,000= 0.1175% of your $40,000 equals your tax refund that Bush and the Republicans just gave you.

$42,000/$1,000,000= 4.2% of your $1,000,000 equals your tax refund that Bush and the Republicans just gave you. Read More

Albany Times Union Calls Rumsfeld a LIAR

democracyinalbany

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Wednesday May 10, 2006 · 4:31 AM PDT

2006/05/10 · 04:31

Imagine my shock when I read an editorial in the Times Unionand they actually called Rumsfeld a liar. I have never seen any traditional media outlet come right out and state that fact.

But then there's the even more troubling matter of his utter lack of integrity. Mr. Rumsfeld's tenure at the Pentagon has been marked by a series of misstatements he made about Iraqi weapons capability before the U.S. invasion in March 2003. Worse, Mr. Rumsfeld denies making those statements. That makes him a liar.

Then they go on to make the insanely easy case to back up their claim. Obviously anyone who reads this site knows all these facts. It would've been great to see this in 2004. But at least its happening now.

$100 Rebate Checks - Donate Them to a Democrat

democracyinalbany

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Thursday April 27, 2006 · 5:06 AM PDT

2006/04/27 · 05:06

CNN is reporting that Republican senators want to give us all a $100 rebate check to help with our gas bills. Of course they also want to open up ANWR at the same time. If they manage to get any sort of rebate check approved I say we all committ to sending that money to our favorite Democratic candidate. If they want to fund their demise, I'm happy to help.

Every American taxpayer would get a $100 rebate check to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote Thursday.

This is "House Ethics" - Cover Your Tracks So You Don't Get Caught

democracyinalbany

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Monday March 27, 2006 · 8:12 AM PST

2006/03/27 · 08:12

I love the arrogance of John Sweeney (R-NY). After catching some heat for his ski trip with the pharmaceutical industry while at the same time talking up "reform" he goes right ahead with another one. And for this trip he was warned by the House Ethics Comittee that he should take steps to make sure it didn't look like the event was "endorsed by the House". More on the flip. Read More

Barry Bonds and The Constitution

democracyinalbany

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Thursday March 09, 2006 · 5:31 AM PST

2006/03/09 · 05:31

Someone has finally done what I've been doing for several years. Take a look at Barry Bonds' rookie card and then take a look at him now.

This whole steroid issue is a lot like politics in America. Everyone ignores the fucking obvious. If you have ever played sports or lifted a weight in your life you KNOW Bonds is juicing. You don't all of a sudden take on the form of a body builder in your thirties without serious drug use. And the next time you hear some formerly skinny actor say they "put on 30 pounds of muscle for the part... because they worked out hard for 3 months" you can be damn sure they took steroids. If it was possible to put on 30 lbs of muscle by working out for 3 months without using drugs a lot more people would do it. And you can lift all the weights in the world and it won't change your facial structure. Look at Bond's head. Enough said.
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President Bush - Agent for Peace

democracyinalbany

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Wednesday March 01, 2006 · 5:36 AM PST

2006/03/01 · 05:36

Who do I trust? This morning I come to the DailyKos and I see Cos82005 diary with the headline:

Simply Put it: President Bush is a Complete Asshole

And Cos82005 lists some pretty compelling reasons why he believes this to be so.

But then I go to CNN and they have some quotes from a new interview with Bush.

"I fully understand that when you do hard things, it creates consternation at times," Bush said.

I believe what cos82005 is feeling must be "consternation". Perhaps that explains everything. But then in the very last bit of this article I found this gem.

He told Vargas he hopes that his presidency, in retrospect, will be viewed as an "agent for peace."

I'd have to say cos82005 hit the nail on the head this morning.

Hillary vs. Hackett

democracyinalbany

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Thursday February 23, 2006 · 4:44 AM PST

2006/02/23 · 04:44

cross posted at www.democracyinalbany.com

Must be something in the water in DC but for some reason they don't get why people connect with someone like Paul Hackett(I'm looking at you, Schumer). He was honest and he didn't pander. He was in the Marines and despite being a rich lawyer and having a wife and kids he VOLUNTEERED to go to Iraq. That gave him the right to call his commander in chief a son of a bitch if he chose to do so. And he did. Go do a tour in Fallujah if you disagree with him and get back to me. Here is some of what Hackett has said:

Hackett's scorching rhetoric earned him notoriety and cash on the campaign trail. He declared that people who opposed gay marriage were "un-American." He said the Republican party had been hijacked by religious extremists who he said "aren't a whole lot different than Osama bin Laden." Bloggers loved him, donors ponied up, while Democratic Party insiders grumbled that he wasn't "senatorial."

Now, lets see what someone who is "senatorial" sounds like.

"[Hillary]Clinton opposes same-sex marriage"

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