Will this "millionaire surcharge" replace the tax code loophole that allows hedge fund managers to pay the same tax rate on income equivalent to the rate for long term capital gains (15%)? If so, I am already against it. I thought that these folks were going to get serious about rectifying the inequities of our the tax code? Moreover, the whole idea of a "surcharge" just sounds punitive...and, stupid! I am no fan of Mitch McConnell, but I somewhat wish Reid would have lost his leadership position in 2010...At least with McConnell, I expect nothing...Damn, I wish Pelosi were still in a leadership position (in the House)!
About Me
- RandomThgt
- New York City, New York, United States
- 41 year old African-American Male. I like to think of myself as a jack of all trades and a master of none...I rely on reasoned common sense, rationality and what my gut tells me is right/wrong (combined with the well reasoned opinions of others!). I don't consider myself an expert on anything in particular, but I have lots of opinions.
Thursday, October 6, 2011
An Angry Black Man Emerges....
This is why I am not voting for Herman Cain- he's a moron...It has nothing to do with me being "brainwahsed".
Scholar and advocate Derrick Bell Passes
Scholar and advocate Derrick Bell passed away...I have been an admirer and reader of his work since before I attended law school
Tuesday, October 4, 2011
More Info on Wealth/Income Inequality
More info of wealth/income inequality...I'm not exactly in the Peace Corps nor am I in the nonprofit sector...I also am not in the Top 1% of wealthy Americans (which is cool)...I recognize that I earn a higher income than the average American (and less than some other Americans)...I have been fortunate...I am willing to pay more in taxes if that means someone less fortunate will have access to certain services they might not otherwise be able to afford (like food, shelter, some time of health care...you know, the basics...). As I have gone on ad nausem-extensive income inequality is and has been a problem in this country for some time. Real wages for the middles have been stagnant for decades...This is enormous implications for the country's continued economic growth.
What's It All About?
I watch a lot of political television and read even more about politics. I often wonder if all the pundits do is point to what the opposing side is saying and talk about how crazy it sounds? I just am not finding much interesting or new...no proposals, no new solutions...just the same b.s., which would be find if the country were not headed in a downward spiral...Maybe I should just stop worrying about it.
Monday, October 3, 2011
Take By the Dream update...
I have to say that I am disappointed, but not surprised by the scant media coverage given to the "Take Back the Dream" conference being held right now in DC...But, that's ok...Although I am not there in person, I am present in spirit (along with a recent monetary contribution toward the group's efforts). Keep up the good fight my friends!
Below...some words from Van Jones (that I lifted from the "Take Back the Dream" blog as written by Bill Scher)...
Noting the wide-ranging feelings about President Barack Obama among the thousands attending the conference, Jones said: "Some people love the president. Some don't. But the point is, what are we going to do?"
To solve the jobs crisis, to rebuild our infrastructure, to restore tax fairness, to renew a vibrant middle class, we don't need to agree about Barack Obama. Because, as Van Jones said, the slogan of 2008 wasn't, "Yes HE Can." It was "Yes WE Can."
Jones counseled the crowd not to wait for a "messiah" or a "Superman," because the American Dream movement is "your movement."
And lest anyone had forgotten what the movement had already accomplished, despite the blows we had already suffered, Jones offered a recent history lesson.
The movement rallied millions to stop President George Bush from invading Iraq. He ignored us. "We could have quit then, but we didn't," reminded Jones.
Even after progressives fell short in ousting Bush in 2004, and Karl Rove pledged to establish a "permanent Republican majority," folks did not quit. And just years later, Rove's dream was shattered by the lost of the Congress.
"You get knocked down, but you get back up," said Jones.
Today, we are getting back up. Jones reported that American Dream rallies outnumbered Tea Party rallies 10 to 1 in August. And now, proudly said Jones, "The White House is talking different because we are walking different."
Jones gently chided those who have feel disaffected and disengaged, saying, "Call your grandmother. Get some perspective." Our predecessors fought for economic fairness during the Great Depression. Our predecessors fought for civil rights in the face of fire hoses. There is no reason think we cannot stand together today, and take back the American Dream for all Americans.
Judging from the crowd, by the time Van Jones was done, any demoralizing disappointment that came into the room had vanished, replaced by a renewed hunger to show what we can do. By ourselves. Working together
Below...some words from Van Jones (that I lifted from the "Take Back the Dream" blog as written by Bill Scher)...
We Don't Need A Messiah.We Have A Movement.
Van Jones put to rest the notion of a divided Left, as he kicked off the Take Back the American Dream conference today.Noting the wide-ranging feelings about President Barack Obama among the thousands attending the conference, Jones said: "Some people love the president. Some don't. But the point is, what are we going to do?"
To solve the jobs crisis, to rebuild our infrastructure, to restore tax fairness, to renew a vibrant middle class, we don't need to agree about Barack Obama. Because, as Van Jones said, the slogan of 2008 wasn't, "Yes HE Can." It was "Yes WE Can."
Jones counseled the crowd not to wait for a "messiah" or a "Superman," because the American Dream movement is "your movement."
And lest anyone had forgotten what the movement had already accomplished, despite the blows we had already suffered, Jones offered a recent history lesson.
The movement rallied millions to stop President George Bush from invading Iraq. He ignored us. "We could have quit then, but we didn't," reminded Jones.
Even after progressives fell short in ousting Bush in 2004, and Karl Rove pledged to establish a "permanent Republican majority," folks did not quit. And just years later, Rove's dream was shattered by the lost of the Congress.
"You get knocked down, but you get back up," said Jones.
Today, we are getting back up. Jones reported that American Dream rallies outnumbered Tea Party rallies 10 to 1 in August. And now, proudly said Jones, "The White House is talking different because we are walking different."
Jones gently chided those who have feel disaffected and disengaged, saying, "Call your grandmother. Get some perspective." Our predecessors fought for economic fairness during the Great Depression. Our predecessors fought for civil rights in the face of fire hoses. There is no reason think we cannot stand together today, and take back the American Dream for all Americans.
Judging from the crowd, by the time Van Jones was done, any demoralizing disappointment that came into the room had vanished, replaced by a renewed hunger to show what we can do. By ourselves. Working together
Sunday, October 2, 2011
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