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    If you've been following the news about the analysis of the Romney Tax Plan, you know the Romney campaign is in a panic because it pretty much reveals Romney is pushing a plan for outright theft by the rich from the rest of the country. (No surprise there.)

     Paul Krugman has dug into the Tax Policy Center analysis and put up a post on his NY Times blog with an evaluation. (He's also put out the handy label "Dooh Nibor" to describe it: Robin Hood in reverse.) Read the whole thing, but here's the takeaway:

"...we have lots of empirical work on the effects of tax changes at the top — and none of it supports the Romney camp’s claims. What we’ve just learned is that they were faking it all along. There is no plan to offset the tax cuts; Romney is just intending to blow up the deficit to lavish favors on the wealthy, then use it as an excuse to savage Social Security and Medicare."
emphasis added

      That in a nutshell is the Republican plan they've been carrying out for decades. Romney's just the latest front man in the long con. Not that that makes him any less despicable.

     Kevin Drum has also dug into the plan with another must read. The title of his piece says it all: Mitt Romney's Plan to Screw the Middle Class.

"...You can see it in the chart on the right. When you combine the decrease in rates and the increase from credits and deductions, millionaires would get a tax cut of 4.1%. Everyone under $200,000 would get a tax increase of 1.2%."
emphasis added

       Drum points out the biggest problem with the Romney plan -

It might be, in Jon Chait's words, cartoonishly evil to think that any politician would actually propose such a plan, but Romney has done exactly that. The only question is whether anyone can make the voters believe it.
emphasis added

      The insanity of this, that people refuse to believe how bad this really is  because they just can't credit the idea that someone would be so blatant is matched only by the numbers of people who will vote for Romney because they've believe every apocalyptic lie about what Obama is doing to the country.

      Too many in the press are confused - they conclude if both sides are warning of disaster, it must be politics as usual, just partisan noise. They can't or won't make any distinction between the two because of some vision of journalism as being nonjudgmental - yet thirty plus years of blood and disaster ought to provide some indication as to who is telling the truth and who is just making noise.

      The Republican Party has jumped the shark.

       The truly scary thing is how many people are STILL ready to follow them. This is leaving the bounds of political belief systems and descending into pathological dysfunction.


To support Romney:

10%7 votes
6%4 votes
19%13 votes
60%40 votes
0%0 votes
0%0 votes
3%2 votes

| 66 votes | Vote | Results

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Comment Preferences

  •  Tip Jar (21+ / 0-)

    You don't have to be an idiot to support the Republican Party - but it sure helps.

    "No special skill, no standard attitude, no technology, and no organization - no matter how valuable - can safely replace thought itself."

    by xaxnar on Wed Aug 01, 2012 at 08:54:38 PM PDT

    •  No, but it's a better excuse than anything else... (1+ / 0-)
      Recommended by:

      Well yes, I am an idiot.  His tax plan just sounded so good.  I don't know why but it did.


      I screwed up with a careless uprate so I'm a "No Rate" pariah. When I give a comment "+1 n/t", please consider that a recommend. (That's my workaround to participate here). Roar louder!

      by Josiah Bartlett on Thu Aug 02, 2012 at 08:53:15 AM PDT

      [ Parent ]

  •  Same old GOP dirty tricks (10+ / 0-)

    Run up the deficit and use it as an excuse to loot the treasury and rob taxpayers.

    They've been trying to rob and privatize Social Security and Medicare since Reagan's days.

    Let's hope voters figure this out in time.

    "We must not confuse dissent with disloyalty." Edward R. Murrow

    by Betty Pinson on Wed Aug 01, 2012 at 09:05:47 PM PDT

    •  Some people will vote GOP (1+ / 0-)
      Recommended by:

      no matter who is running.  I honestly have thrown up my hands over friends and family who refuse to believe how bad Mitt Romney and the GOP are for them.  They "hate" Obama.  It is so frustrating to be around them because you simply cannot talk to them.  It brings me to tears to think about it.

      "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

      by gulfgal98 on Thu Aug 02, 2012 at 04:36:14 AM PDT

      [ Parent ]

      •  Fact is that being contrary gets people (1+ / 0-)
        Recommended by:

        lots of attention, which is what they really crave. Do you pay half as much attention to people with whom you agree?

        Barking dogs get hush puppies.  Sleeping dogs get left alone.

        Willard's forte = "catch 'n' cage". He's not into "catch and release."

        by hannah on Thu Aug 02, 2012 at 06:09:09 AM PDT

        [ Parent ]

    •  Since FDRs days. They say it (2+ / 0-)
      Recommended by:
      xaxnar, dkosdan

      will bankrupt the country and is unnecessary.

      I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

      by samddobermann on Thu Aug 02, 2012 at 02:59:56 PM PDT

      [ Parent ]

  •  Ah, the GOP... (4+ / 0-)
    Recommended by:
    radarlady, xaxnar, Texdude50, dkosdan

    proving they are slimebags since 1929.

    And have the education and native intelligence of horseflies.

    Ask lineatus: the corvids could out-think any GOP voter or politician on any test of native intelligence.

    To make the argument that the media has a left- or right-wing, or a liberal or a conservative bias, is like asking if the problem with Al-Qaeda is do they use too much oil in their hummus. Al Franken

    by Youffraita on Wed Aug 01, 2012 at 09:11:46 PM PDT

  •  Proof our schools don't teach critical thinking. (3+ / 0-)
    Recommended by:
    LI Mike, xaxnar, dkosdan

    Lenin famously stated that "a capitalist will sell you the rope you use to hang him".

    Romney's candidacy, and today's Republican party, appears to present a corollary. Working class Republicans will vote for the candidates most likely to destroy their own prosperity, and that of their children...and grandchildren, and great grandchildren.

    •  It may not be teachable. (2+ / 0-)
      Recommended by:
      xaxnar, dkosdan

      The two Ws both went to the "best" schools in their day and came out as myopic as they went in.  
      Besides, when education is focused on memorization, regurgitation wins the day.

      Business Administration is actually a rather new academic course of study.  In the beginning, it was populated by people bent on social engineering -- i.e. devising strategies to get people to perform as ordered, at a higher level. Somewhat later, I suspect, Business Administration followed the route of Accounting and focused on the numbers that could be used as levers to make people perform as ordered.  Of course, the problem with accounts is that they always occur after the fact.  So, if there's any useful information, it's usually about mistakes, but almost inevitably arrives too late. Paying attention to history is useless, not just because time passes too quickly, but because people do not learn from other people's mistakes.  They don't even learn from their own.  Never mind that when longevity is important, failure is more certain than success.
      Bankruptcy is an "opportunity" to start over. Why would an enterprise try to avoid it?  Especially when it's other people's investments that are lost?

      Willard's forte = "catch 'n' cage". He's not into "catch and release."

      by hannah on Thu Aug 02, 2012 at 06:19:35 AM PDT

      [ Parent ]

      •  Au contraire. (0+ / 0-)

        Critical thinking is absolutely teachable. The 'classical' education was essentially based around it. The entire conceptual framework of rhetoric is all about critical thinking, understanding what's really going on. It's very unfortunate that in modern usage rhetoric has become a false synonym for bogus wordage or using language to obscure, when that's 180 degrees away from the true meaning.

  •  Money for nothing. (2+ / 0-)
    Recommended by:
    xaxnar, dkosdan

    What Republican legislators want for their friends is to increase the national debt in hopes of forcing an increase in the rate the Treasury has to pay in order to borrow our money back. The dividends paid out on Treasury bonds are tax exempt.  So, instead of having to pay tax on their income, they get a double-dip.  Then, because the rate on Treasury bonds serves as the benchmark for what states and municipalities have to pay to borrow money they can't collect from people whose income is tax-exempt, the increase of dividends from those investments represents a triple treat.  People who are into accumulating money make out like bandits, but their friends in the legislature make it all legal.

    Shakespeare advised, "neither a borrower nor a lender be, because a loan loses both itself and friend," but 21st Century lenders aren't friendly to begin with. Now that we print money on paper or issue electronic bits, it should be obvious that money is worthless and all this borrowing and lending is only a virtual (not real) enterprise.  But, for some inexplicable reason, we keep believing that money has substance and what one person has another doesn't. We know we can serve more than one master at a time and hundreds, if we do it in sequence, but for some reason what we promise to repay is limited by how many dollars are in circulation.
    This makes no sense.  Even though the quantity of dollars keeps increasing, we all have less.  That we should blame whoever's sucking them up and hiding them in some vault just doesn't register.  Maybe it's because we're still convinced there's a free market fairy that takes our dollars while we sleep.

    Willard's forte = "catch 'n' cage". He's not into "catch and release."

    by hannah on Thu Aug 02, 2012 at 06:06:39 AM PDT

  •  who will lead us out of the liquidity trap? (0+ / 0-)

    Or, admit that we are in one, or even know what that might be. Krugman's End This Depression Now is just a gem. The Right Wing ideologs would have you believe the world is flat and sits on top of an elephant's arse!

    "O you can't scare me, I'm sticking to the union" - Woody Guthrie from Union Maid

    by dkosdan on Thu Aug 02, 2012 at 08:34:38 PM PDT

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