Welfare for the Elite

The first thing to note re the much discussed tax cuts is that they are “BUSH TAX CUTS” and they heavily favor the rich and especially the super rich. Most important is to note that the tax cuts failed to stimulate the economy for the last 10 years. Almost equally important is that the tax […]

Tax Cuts, what the Republicans are all about.

Lets go back to 1978.  California passed an initiative known as Prop. 13.  It was officially called People’s Initiative to Limit Property Taxation.  Wikipedia says that a positive affect was to save the California taxpaying citizen $528 billion dollars.  Positive? Let’s look at that.  Yes, it saved somebody $528 billion in taxes.  To put it […]

Remember, You Heard It Here First!

Remember that old song, “Looking for Love in all the wrong places?” That song kind of reminds me of what’s going on in D.C. these days.   No, I am not talking about the latest round of adultery.  I mean the latest “bi-partisan” effort to control the public debt.  Debt is not inherently bad.  It can, […]