Constructive gadfly
stevendedalus's Articles In Politics » Page 14
January 30, 2009 by stevendedalus
And what is its purpose? However large or small capital and labor, services come into play such as a bank to coordinate an economy in a community. Capital purchases material and labor to kick start and sustain an economy. Yet there is this myth that capital troves alone are responsible for a thriving business activity as though capital were always on reserve for the taking without ever referring to its accumulation predicated on previous labor that had brought material onto a productive level a...
January 29, 2009 by stevendedalus
How is it most of the bluedogs always manage to scrounge up dissenting votes for their party, but somehow Republicans always seem to stick to their guns when in opposition? The recovery package vote yesterday was reminiscent of the Clinton tax vote of '93 when there was not a single conservative yes vote in the Senate whereby a tie was unlocked by VP Gore's vote.  Not much change over the years. If Obama wants real change via bipartisanship  he'll have to resort to tort...
January 28, 2009 by stevendedalus
Bill Gates on the one hand stated that we are in need of high quality immigrants to meet our technical advances; on the other hand, Microsoft is laying off 5000 workers. That’s not good news for Obama’s quest to save jobs, let alone create more. Furthermore, even if there were a need for more techies, our education system doesn’t fill the need, and if the demand for them from the recovery package became reality the tech companies would simply continue hiring foreigners. Nor do...
January 28, 2009 by stevendedalus
  The thousands of city dwellers who bought a home in Levittown and millions of others elsewhere was for the purpose of establishing a homestead in which to build a family, or enhance its lifestyle—surely, they were not thinking of making an investment, or furthest from their mind that the $8000 Levitt home in 1948 could be worth $7000 in 1949. Of course, the moneychangers of "irrational exuberance" in ensuing decades saw it differently. Promote the euphoria of suburbia to insure a...
January 28, 2009 by stevendedalus
Why does the "other" party play into FDR’s "fear in itself"? How can the party of states’ rights object to bailing out the states desperately cutting budgets to the detriment of their financial status? What better way to kick off the economy than to assist locales in Medicaid, school budgets and repairs, community colleges, and a host of other ways to reduce unemployment roles and deterioration of infrastructures? Apparently, the party perceives aid as just another road to perks rath...
December 19, 2008 by stevendedalus
Now that it's a foregone conclusion the domestic autoworkers will be subject to wage controls will their management also be struck with rollbacks as well? Also a foregone conclusion is that most JoeUsers' unionbashers will applaud the ostensibly competitive rollback and future controls and thus ironic that in a sense it is redistribution of wealth which so many ironically argue against even though much of the "wealth is from the much renounced legacy.
December 16, 2008 by stevendedalus
"Many Iraqis, however, believe al-Zeidi was a hero for insulting an American president widely blamed for the chaos that has engulfed their country since the U.S.-led invasion of 2003." Total hogwash! Regardless of the errors of his ways Bush--goes without saying--does not deserve this arrant disrespect. I thought Iraqis were sandal-footed?--guess the perpetrator got the shoes from the US Army. Well, at least the shoes were bomb-free.  
December 11, 2008 by stevendedalus
Obama's decision to resign from the Senate was an enormous blunder. He should now renege on his resignation and storm the Senate to fight for the auto industry with a loud vote. Btw, does anyone know if Biden gave up his vote, too?  What jerks.
December 10, 2008 by stevendedalus
BLAGOJEVICH IS SCUM FROM HELL  AND SEAN HANNITY IS ECSTATIC! -- HOPING THE SCANDAL WILL NAIL OBAMA.
December 9, 2008 by stevendedalus
    I’d be the last guy to defend a CEO making 21mil a year even if his company was stumbling over bales of profit, let alone one losing billions. Hell, Lou Gehrig cap in hand had to beg for a $40k contract, so I seethe when an A-Rod winds up with a 250mil multiyear contract, and Manny turns down Torres’ offer of 40mil for two years because he—in his old age no less—wants 100mil for four years! Then there are these part time pitchers with 4.0 ERA getting 1...
December 7, 2008 by stevendedalus
    Since WAMU went under with a reserve of $45 for every $10,000 loaned, I shudder to think what the ratios of government bailouts are. I suppose with the exclusive right other than counterfeiters to print the Fed’s own money, it probably does not technically apply; on the other hand, the Fed does pretend to "borrow" in order to meet the demands of the bailouts. They keep saying the "taxpayer"—actually China taxpayers—must be protected by so-called assets when...
December 3, 2008 by stevendedalus
  According to an article in Newsweek an atheist can be pro life. Oh, really? The inference here is that this is an oddity and that most atheists and secularists are consequently free choice. The truth is that both sides are irrelevant to a woman's right to choose one way or another. A secularist woman is free to choose life or abortion as is a religious woman free to choose either. The woman is not railroaded by conscience or belief but rather the comfort or discomfort of her mind ...
December 1, 2008 by stevendedalus
  Just as Bill Clinton went back on his promise to lower middle class tax, Obama, too, will find that such a commitment would be reckless under this economic stress. Instead the equivalent should go directly to states not to meet their budgets but rather to put people to work through stimulus to small businesses and infrastructure needs. As for the wealthy above 250K and to stem the panic of investors he should put in effect a 1% surtax for the 2010 tax form, then let the Bush tax cut ru...
November 29, 2008 by stevendedalus
  Which means there still has to be incremental boosts within each tier. Single page tax form. Taxable income should be determined only by dependents and out of pocket medical care above $1,000 and other proven casualties. No other tax preferences except real estate tax on residence but no interest and therefore no AMT. There could, however, be consideration for some rent relief. Earned and unearned income treated as equals. Single or two page form for businesses and cor...
November 29, 2008 by stevendedalus
  It may come as a surprise that I am against the earned income tax credit as I believe from newspaper boy of working paper age to part-time dollar store worker should pay at least a token tax when they meet a threshold of $50 per week and thus subject to withholding, plus social security and Medicare. Many would argue that the IRS cost factor of dealing in petty cash would be prohibitive—to an extent true— but the indoctrination of everyone’s having to share in governm...