The post Feelings Are More Important Than Facts (For Republicans) appeared first on Rationally Thinking Out Loud.
]]>John Oliver has the takedown of Donald Trump’s Republican convention you’ve waited for
Last Week Tonight host John Oliver on Sunday concisely summarized the Republican National Convention in one sentence: “He just brought a feeling to a fucking fact fight.” Throughout the convention, Republican speakers – including Donald Trump – argued that the crime rate was skyrocketing, unauthorized immigration is going up, the economy is getting worse, and terrorism is killing a record number of Americans.
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]]>The post What I’m Reading Thursday, December 15, 2011 appeared first on Rationally Thinking Out Loud.
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And as a result of another online conversation with Allan where I had to look up the book by Nobel prize winning economist Joseph E. Stiglitz The Three Trillion Dollar War: The True Cost of the Iraq Conflict I found this article Joseph Stiglitz’s 4-Point Plan For Fixing The Economy – Business Insider.Here are some of his suggestions:
- Repeal tax-cuts for rich Americans.
- End wars in Iraq and Afghanistan that cost trillions of dollars.
- Increase stimulus and programs that would get Americans back to work because it will generate massive tax revenues.
- A Medicare D, with a provision that allows the government to negotiate prices instead of going with those set by pharmaceuticals. He believes this move alone could save the U.S. trillions.
- A “Homeowners Chapter 11″ that would allow homeowners to continue to possess their homes, while they restructure their debt and continue to pay down their mortgages. He says, “It doesn’t do any body any good to force these people out of their homes… An economy in which you have homeless people and empty homes doesn’t make any sense, and that’s where we’re going.”
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]]>The post What I'm Reading Thursday, December 1, 2011 appeared first on Rationally Thinking Out Loud.
]]>In the words of one long-time Republican, “The Republicans are making President Obama look good.” Well, he makes a very good point about the Republican field of presidential candidates.
Conservatives pride themselves on resisting change, which is as it should be. But intelligent deference to tradition and stability can evolve into intellectual sloth and moral fanaticism, as when conservatives simply decline to look up from dogma because the effort to raise their heads and reconsider is too great.
Buckley was conservative before conservative was cool. He was brilliant, Ivy League, handsome and very, very, VERY articulate. And he was, well, so very self confident. All of his talent and style combined to rebirth the moribund conservative movement in this country. From his founding of the National Review to the day he stepped down from moderating his signature talk show, “Firing Line.” It is fair to say that Richard Nixon, Ronald Reagan and Newt Gingrich all owe their place in American history to the man who once famously wrote that he didn’t know anyone smarter than himself. …
…In a way, it’s sad that people like Rush Limbaugh and Michael Savage are today’s mouthpieces for conservatism. What a far leap they are from the quick witted and smart Buckley. I think it’s fair to say that even Buckley’s ideological enemies admired him and respected him. That’s because Buckley was not a hate monger; he was a serious-minded person who made reasoned and rational arguments for his cause. No apologies to Limbaugh, Savage or their listeners and adherents — they are no substitute for Buckley’s class and intellectualism.
The Dow rises 490 points after strong economic snapshots point to healthy job creation and more robust business activity in the U.S. Actions taken by the Federal Reserve and other central banks to address the Eurozone crisis lessen concerns about a financial system meltdown.
Economic stimulus for Wall Street. But will it create any jobs? (JJH)
…when we calculate what the tax rate for the superrich will be, we should not consider the effect of changing their tax rate on their happiness, for we know that it is zero. Rather, the key question must be the effect of changing their tax rate on the well-being of the rest of us.
From this simple chain of logic follows the conclusion that we have a moral obligation to tax our superrich at the peak of the Laffer Curve: to tax them so heavily that we raise the most possible money from them – to the point beyond which their diversion of energy and enterprise into tax avoidance and sheltering would mean that any extra taxes would not raise but reduce revenue.
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]]>The post Newt Gingrich goes tea party, no tea bagger whacko and gets struck off my list of conservatives I respect and listen too. appeared first on Rationally Thinking Out Loud.
]]>Just what did Gingrich do? I’ll refer you to David Frum’s article: Gingrich: Obama Wants Whitey’s Money for an explanation of the depth of the absurdity of Gingrich (and D’Souza’s cover story in Forbes which Gingrich was affirming).
A couple of years ago here I published a short list of Conservatives I Like (but don’t necessarily agree with) and Therefore Listen To, Gingrich has managed to strike himself off that list.
For more on Gingrich and D’Souza you might also want to read:
I’m sure there will be more on this over the coming week or two.
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