- Daily Kos: Sunday Talk: Out with the old, in with the Newt.
Despite his many past indiscretions—such as flirting with climate change acceptance, cavorting withcriminals, and proposing an individual mandate—Newt Gingrich is the Republican candidate that Americans trust most with our nuclear weapons.
At least until next week.
- Why The New ‘Mature’ Newt Is Just The Same Old Gingrich | National Memo | Breaking News, Smart Politics
- Not An Onion Spoof: Newt Gingrich’s Education Plan Is To Fire Janitors And Replace Them With Kids | Mediaite
- …and I just love the headline on this one: Paul Krugman: Newt Gingrich Is ‘A Stupid Man’s Idea Of What A Smart Person Sounds Like’ | Mediaite
- George Will | Newt Gingrich | Ron Paul | Mediaite
- Pelosi For the Win | Dispatches from the Culture Wars
- Cain Would Overturn the Supreme Court If They Overturned DOMA | Video Cafe.
- Has the GOP become..the Stupid Party? « Climate Denial Crock of the Week
Climate & Climate Politics
- Is the Climate Crisis Caused by the 7 Billion or the 1 Percent? | ThinkProgress
- Tisdale Fumbles, Pielke Cheers | Open Mind
- News Hounds: Bill O’Reilly Does The Java Jive In The No Spin Zone And Jesus Wept
- O’Reilly Flunks History | Unreasonable Faith
Economics & The Economy
- Plus ça change… | Jared Bernstein | On the Economy
- Jeffrey Sachs: The Super Committee’s Big Lie
…Americans are told daily that these low tax rates on the rich are the natural order of things, that the American economy would collapse if the top 1 percent were to pay more to help fund education, job training, infrastructure, and new technologies. This claim is absurd. We should be collecting at least 3 to 4 percentage points of GNP more from the rich and the corporate sector. We could collect these added amounts by raising top tax rates on regular income and capital gains, closing down offshore tax havens, taxing net worth of high-wealth households, taxing financial transactions, and cracking down on evasion.The big lie against raising taxes on the rich comes in two variants. The most preposterous is that the U.S. simply could not collect more revenues as a share of GDP. According to some foolish assertions, an iron law of revenues puts the maximum federal tax collection at around 18 percent of GDP! Yet European high-income countries, and Canada, collect somewhere between 5 and 15 percent of GDP more in taxes than the U.S. There is no iron law against raising more revenues.
- House conservatives contradict themselves on tax increases – The Washington Post