Monday, April 30, 2012

Gov. Phil Bryant Says Dems Want To Kill Children

The ED Show - Walker calls in back-up

CEOs Make 380x As Much As The Average Worker

Raise Taxes On The Poor - Eric Cantor

Social Security funding problem is easily solved

Social Security funding problem is easily solved

click link

part

Posted: Friday, April 27, 2012 5:57 pm | (1) comments.
The annual report of the trustees of the Social Security Trust Fund reported that the retirement portion of the fund is solvent until 2035, and the disability portion of the fund is solvent until 2016. (SLPD, April 23, 2012) An increase in the maximum wages from which funding is paid by workers' wages and employers' contributions is the simple solution to solve the long-term funding issue.

Read more: http://www.stltoday.com/news/opinion/mailbag/letters-to-the-editor/social-security-funding-problem-is-easily-solved/article_90702b6c-90bc-11e1-9eca-001a4bcf6878.html#ixzz1tX6yVugR

Saturday, April 28, 2012

single payer update for Missouri


 
I just got some spectacular news late last night, and we need to jump right in. If you are able to, please try to block out your day on this Wednesday May 2 so a bunch of us go to Jefferson City and testify in favor of active legislation to establish a state-wide single payer plan in Missouri.

MO HB1405 is very similar to the national HR676 that we’ve been talking about, except on a state basis. MO HB1405 would establish the MO Universal Health Assurance Program, a publicly financed privately delivered statewide program comprehensively providing all necessary medical, preventive, dental, and mental health programs for MO residents.
Delivery of healthcare services would remain privatized and reimbursed based upon Medicare guidelines. As in HR676, other insurers may not duplicate the services offered by the program. It’s financed through the state income tax structure.

This is very much like the set of assumptions built into the analysis done by the Missouri Foundation for Health in 2003 (http://www.mffh.org/mm/files/ShowMe3a.pdf), which estimated that the state would save well over $1 billion per year with such a strategy. The bill isn’t perfect, none are, but it would be a great step forward.

Here's a link to the legislation and its summary:

The bill will have a public hearing in the House Committee on Health Care Policy on Wednesday May 2 at noon in Jeff City. It’s been several years since it reach a committee hearing, and kudos to Missourians for Single Payer, and Mimi Signor, for keeping the legislation active. MOSP has asked PNHP to come to Jeff City and speak in support. The more of us, frankly, the better.

Will it pass in 2012? Extremely unlikely. But as you remember, Canada got their national health care program only after several states started their own first.

We need to make a significant show of physician support for the bill. I understand many of you have clinical commitments right then and simply cannot juggle this much this quickly, but if there is any way you can, please do so.

Let me know if you’re interested and able to juggle your life like this at the last minute; I’ll set up a carpool. Also, if you’re interested, let me know and we can get together this Monday night April 30 at 6:30 at my house in Olivette and just talk through more about the state legislation and what testifying in a committee is like. Bottom line – it’s really fun.

Thursday, April 26, 2012

'He doesn't move, evidence be damned,' says Matt Stoller of Obama's appr...

Alternate views on St. Louis riverfront camps for homeless

Alternate views on St. Louis riverfront camps for homeless

click link

from article

 • As deadlines loom for the dismantling of several riverfront homeless camps, the Rev. Larry Rice jumped into the fray again, saying the closures will only lead to more camps.

"Even if the city comes and places these people (in housing) tomorrow night, there is going to be more," Rice said Wednesday at a press conference held at his New Life Evangelistic Center on Locust Street.
Rice, a longtime and outspoken advocate for the homeless, has also scheduled a Friday march on City Hall to renew his demand for the city to designate a piece of land where homeless people can live outdoors.

Arizona's SB 1070 isn't about racial profiling, except when it definitel...

Barney Frank envisions a way out of 'vicious cycle' should Democrats win...

Only in America: Money buys influence, legally

Thursday, April 19, 2012

Indiana Gov. Mitch Daniels talks taxes in Illinois speech as unions protest | The Republic

Indiana Gov. Mitch Daniels talks taxes in Illinois speech as unions protest | The Republic:

click link

snip


 "CHAMPAIGN, Ill. — Indiana Gov. Mitch Daniels spoke to Illinois Republicans about lower taxes on Thursday evening, hours after thousands of labor union members protested his appearance.

"When you take money away from people, you leave them a little less free," Daniels told about 450 people at the Champaign County Republican Party's Lincoln Day Dinner, The News-Gazette in Champaign (http://bit.ly/JlkQyH ) reports.

Meanwhile, outside thousands of union members held a rally at University of Illinois' Assembly Hall before peacefully marching to the site of Daniels' speech. Indiana has a new right-to-work law that allows workers to not pay union dues even if a union bargains on their behalf

Daniels did address the labor issue."

'via Blog this'

------

I was there with Soar from Granite City.  good crowd, good turn-out for short notice, good speakers.

Farmer Eaten Alive By Chickens In New Herman Cain Ad

Jan Brewer PAC Spends Thousands On Governor's Own Book

The Good, The Bad and the Very Very Philogastricously Ugly!

Who will the Tea Party support now?

GOP facing a tea party hangover in 2012 - The Rachel Maddow Show (April ...

Voters care about the minimum wage - The Rachel Maddow Show (April 17th,...

Monday, April 16, 2012

Help NationofChange stand up for workers' and im/migrants' rights!

Romney's fundraiser secrets give the Obama campaign a new plan of attack

Virginia Foxx blames students for loan debt despite getting low-cost public education herself




more nonsense

Americans Favor “Buffett Rule” by 60% to 37%

Americans Favor “Buffett Rule” by 60% to 37%

click link above


Implications

Republican politicians oppose the Buffett Rule, and there is little possibility that it will become law this year. President Obama's intense focus on the policy and his emphasis on bringing it to a vote in Congress is thus mostly a symbolic gesture -- underscoring his general presidential campaign themes this year. An emphasis on millionaires paying higher taxes also helps position the Obama presidential campaign against his very rich GOP opponent, Mitt Romney.

Perhaps more importantly than the fate of this one policy proposal, the expiration of the Bush tax cuts at the end of this year means that unless something is done, taxes will go up for many American taxpayers. Obama is on record as saying he would let the tax cuts expire for those households making $250,000 a year and up, but would keep them in place for all others.

Missouri call to action ara Tax day activities on April 17th, 2012

Dear Missouri Activists,

TODAY!! TAX WEALTH; NOT WORK

CALL Senator Roy Blunt and tell him to vote YES for the Buffet Rule!

Our families work hard—and we’re proud of the work we do.
We know our tax dollars help America succeed.

CALL NOW! 202-224-3121 or 202-224-5721

Then Join The Missouri Alliance for Retired Americans on April 17 to demand Corporations pay their fair share.


St. Louis: Meet at Kiener Plaza on Tuesday, April 17 at 3:30 p.m.

500 Pine St
St Louis, MO 63101


Kansas City: Meet at Barney Allis Plaza on Tuesday 3:30 p.m.

W 12th St
Kansas City, MO 64105

CNBC - Rick Santelli - Taxing the Rich will not Offset the Deficit 4-11-12

Sunday, April 15, 2012

1940's Steel Industry in America - "The Drama of Steel"

Ford and Taylor in the 1920s - beginnings of time study






this is where "time study" folks get a big hand up.

alas, Taylorism, would be the norm that is used in everything---production, government, education and more. seriously flawed

Why Did The Titanic Sink?

'CNN Less Biased Than Fox News' - Gingrich

Missouri's Senate race a key in national battle between the parties

Missouri's Senate race a key in national battle between the parties

CLICK LINK 

snip from article

Missouri's Senate contest, in which three Republicans are vying to take on McCaskill, is one of a handful that ultimately could determine which party controls the Senate next year.

Polls since last month show that Missouri is one of at least eight states with opposing Senate candidates or presumed candidates separated by no more than 5 percentage points. The surveys point to an intense battle for Senate control and an election with the potential for surprises.

"With a huge number of Senate races this tight, the Senate picture might be the most interesting thing on election night," said Tom Jensen, a pollster with Public Policy Polling, a Democratic-aligned firm.
Democrats began with a structural disadvantage, defending 23 of the 33 Senate seats on November ballots. Democrats hold Senate control by a margin of 53-47, which includes Joseph Lieberman, an independent who caucuses with the Democrats.

Republicans need four seats to take over — or three, if the GOP captures the White House, in which case the vice president would cast deciding votes on legislation and leadership in a deadlocked Senate.

Of the races where the incumbent is the Democrat, McCaskill's "is the toughes

Read more: http://www.stltoday.com/news/local/govt-and-politics/missouri-s-senate-race-a-key-in-national-battle-between/article_34b10d75-d5cd-5b47-b96c-9bb9b6ed365f.html#ixzz1s7hum1rL

Saturday, April 14, 2012

Mitt Romney: Memories to Last a Lifetime

Honest Response: Todd Akin responds to Obama impeachment question (MIRROR)

Food Games

Unions say foreign workers taking stimulus jobs



another take on what is progressively old story

John Rosenthal on the politics of guns: 'The NRA is about power'

Mitt Romney, Angry Bird? The campaign is about 'pummeling' people with m...

Don't fine Goldman Sachs, says Eliot Spitzer -- indict the company, take...

Rep. Paul Ryan's Budget Problem - CBN.com

Romney in 2007: "I don't line up 100% with the NRA"

NRA convention: Wisconsin governor asks for help in recall election

NRA convention: Wisconsin governor asks for help in recall election

click link above for full

from article


ST. LOUIS • Wisconsin Gov. Scott Walker touted his support for hunting and gun rights Friday and asked for help in a June recall election, saying "I have become a target."

Walker spoke during the first full day of the National Rifle Association’s annual convention, being held in downtown St. Louis. The conservative organization is a friendly assembly for Walker, who faces energetic nationwide opposition by labor and liberal groups in the Wisconsin recall election on June 5.

"The advocates of big government view me as a threat. They want to take me out," Walker said. "Our opponents are targeting me because I stand in their way of getting their hands on money and power."
Walker said the recall has national significance and warned, "if I fail in June, it sets us back at least a decade if not a generation."

Walker, a Republican who was elected governor of Wisconsin in November 2010, quickly became a national figure by championing a new state law that sharply curbs union rights for most public employees. After conducting sit-ins and demonstrations at the state capitol, labor groups and Democratic organizations circulated petitions to force a recall.

In March, the state election authority certified there were enough valid signatures and ordered the unusual special election.

Under Wisconsin law, both parties will choose nominees on May 8. Walker has no serious opposition in the GOP primary. The leading Democratic candidates are Milwaukee Mayor Tom Barrett and the former Dane County Executive Kathleen Falk.
Walker never mentioned his

Read more: http://www.stltoday.com/news/local/govt-and-politics/political-fix/nra-convention-wisconsin-governor-asks-for-help-in-recall-election/article_7c9718d2-85b1-11e1-83d3-0019bb30f31a.html#ixzz1s1HfBVZY

Abraca-Tax-Cut

Thursday, April 12, 2012

Dutch tulip mania documentary---economic bubble





======
one of the first economic bubble disasters===certainly not the last

ObamaCare Is the Embodiment of Fiscal Disaster - Forbes

ObamaCare Is the Embodiment of Fiscal Disaster - Forbes

click link for story

snip

By Grace-Marie Turner
The American people figured out very early in the health reform debate that you can’t create a new entitlement that finances health insurance for 30 million people and still claim the scheme will magically reduce the federal budget deficit.

But the White House and Democratic leaders in Congress kept insisting we were wrong – that, like the subjects in “The Emperor’s New Clothes,” we were just hopelessly stupid if we didn’t see that the health law’s new garments were indeed dazzling to behold.

Now we have an independent study that exposes the naked truth about ObamaCare.
The law is a fiscal disaster.
 ----------

horsepucky to this article.  either nationalize healthcare or enact single payer system like Hr676 if money is the problem

Gingrich Unloads on FOX News in Private Meeting--moment of truth telling

Gingrich Unloads on FOX News in Private Meeting

click link for full story


snip


DOVER, Del. -- During a meeting with 18 Delaware Tea Party leaders here on Wednesday, Newt Gingrich lambasted FOX News Channel, accusing the cable network of having been in the tank for Mitt Romney from the beginning of the Republican presidential fight. An employee himself of the news outlet as recently as last year, he also cited former colleagues for attacking him out of what he characterized as personal jealousy.

“I think FOX has been for Romney all the way through,” Gingrich said during the private meeting -- to which RealClearPolitics was granted access -- at Wesley College. “In our experience, Callista and I both believe CNN is less biased than FOX this year. We are more likely to get neutral coverage out of CNN than we are of FOX, and we’re more likely to get distortion out of FOX. That’s just a fact.”
------------------
of course fox is for Romney

of course Newt, you are dollar short and day late with this news

The Anniversary of Romneycare

Wednesday, April 11, 2012

Power Panel: Rep. Allen West's 'Communist' comments are 'straight trolli...

bbc clip obama income inequality






















How Conservatives Think - TYT Nation - Adam Strange

Protestors Targeting NRA Convention saint louis

Who Owns Adam Smith? | Common Dreams

Who Owns Adam Smith? | Common Dreams

click link above

old one, but interesting    Adam Smith did believe in many items modern liberals believe

snip

First, while he celebrated truly competitive capitalism, he didn't trust capitalists very much. Consider these quotes:
· "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind."
· "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."
Second, he believed that workers deserve a living wage:
· "It is but equity ... that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerable well fed, clothed and lodged."
Third - and here's a real shocker - he believed that the wealthy should pay more in taxes:
"The subjects of every state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state."
Fourth, he believed in the necessity of public investments in infrastructure and public goods. He spoke of the duty of government to support "public institutions and those public works, which, though they may be in the highest degree advantageous to a great society, are, however, of such a nature that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should erect or maintain.

CISPA = SOPA 2.0?

New Bush-Era Torture Memo And President Obama

Rick Santorum Drops 2012 Presidential Bid

22000% Return on Lobbying Investment

Tuesday, April 10, 2012

Koch Brothers Exposed' Part 2: Stopping a campaign to re-segregate North...

My Health is NOT Up for Debate: Wheel

ed show big bucks in election Karl R superpac

Visit msnbc.com for breaking news, world news, and news about the economy

Paul Krugman: The gullible center

Paul Krugman: The gullible center

click link



So, can we talk about the Paul Ryan phenomenon?

And yes, I mean the phenomenon, not the man. Mr. Ryan, the chairman of the House Budget Committee and the principal author of the last two congressional Republican budget proposals, isn't especially interesting. He's a garden-variety modern GOP extremist, an Ayn Rand devotee who believes that the answer to all problems is to cut taxes on the rich and slash benefits for the poor and middle class.
No, what's interesting is the cult that has grown up around Mr. Ryan — and in particular the way self-proclaimed centrists elevated him into an icon of fiscal responsibility, and even now can't seem to let go of their fantasy.

$44 Trillion In Wall Street Bets

Gingrich Over $4 Million In Debt Over Failed Presidential Campaign



sorry for ad

Sunday, April 8, 2012

Howdy Doody For President / Classic TV / 1952

NRA convention to bring gear, guns ... and candidates to St. Louis

NRA convention to bring gear, guns ... and candidates to St. Louis

click link


As the weekend event kicks off on April 13, convention-goers are scheduled to hear from a who's who — and, perhaps, a who was — in the GOP nominating contest.
Set to speak are Mitt Romney, Newt Gingrich and Rick Santorum, as well as three governor's accustomed to the national spotlight: Texas' Rick Perry, Louisiana's Bobby Jindal and Wisconsin's Scott Walker.
Also scheduled to speak are House Majority Leader Eric Cantor and U.S. Sen. Roy Blunt.
The event could be an interesting stretch of the campaign trail for Romney, who may have the race sewn up by then, but, in the past, hasn't connected with gun owners the way, say, the coyote-shootin' Gov. Perry has.

Defending American Auto Parts Manufacturing

Vice President Marco Rubio?

Phyllis Schlafly: "Don't Get Into Relationships With Feminists"

Mitt Romney's PAC Empire

RNC Chair's Caterpillar - 'War On Women' Analogy

Current TV rips Olbermann as arrogant, immature

Current TV rips Olbermann as arrogant, immature

click link


LOS ANGELES • Al Gore's Current TV is blasting back at fired host Keith Olbermann.
In a court filing Friday, the network attacked the liberal opinion-maker as "arrogant" and "immature" and said that he had failed to show up for nearly half of his recent workdays. The papers were a response to Olbermann's $70 million breach-of-contract lawsuit filed Thursday against Current, which hired him as its star last year but dismissed him in late March after months of turmoil.
Current said it doesn't have to "pay a dime" to Olbermann, "who, having already been paid handsomely for showing up sporadically and utterly failing to keep his end of the bargain, now seeks to be paid tens of millions more for not working at all." The papers also point out that Olbermann told David Letterman, during a TV appearance this week, that "I screwed up" at Current.

Editorial: Spence credibility buried in avalanche of TARP explanations

Editorial: Spence credibility buried in avalanche of TARP explanations

click link for full


It's rare that a boneheaded decision gets a politician into trouble. It's usually the cockamamie explanation that does it.
As Republican gubernatorial candidate Dave Spence tries to escape a nimbus cloud of contradictions over his actions as a board member of Reliance Bancshares Inc., he should take that lesson to heart. Otherwise he'll struggle to get out of the GOP primary against Kansas City lawyer Bill Randles, let alone have a chance against Gov. Jay Nixon, a Democrat, in the November election.
Mr. Spence, a wealthy St. Louis businessman, should have learned that lesson before he ever entered the race. After all, he pushed aside his friend, Lt. Gov. Peter Kinder, when Mr. Kinder stumbled over contradictory explanations for spending taxpayer dollars on personal stays in St. Louis luxury hotels and his relationship with a former stripper.

Jaco report 4-1-12 education




KTVI) On the Jaco Report, Elliot Weiler fills in for Charles Jaco and takes a look at the American education system. Too many American students are still being left behind, not only among their classmates here at home but also among students from around the world. So, where do American students stack up and how can we improve everything from early education to high school and college?

Friday, April 6, 2012

The corporate job creator myth

The corporate job creator myth

click link for full

snip

 For the last four decades, U.S. corporations have been sinking our economy through the off-shoring of jobs, the squeezing of wages, and a magician’s hat full of bluffs and tricks designed to extort subsidies and sweetheart deals from local and state governments that often result in mass layoffs and empty treasuries.

Divided Wis. unions could spell win for Scott Walker

Divided Wis. unions could spell win for Scott Walker

click link for full


Unions in Wisconsin made history by mobilizing the recall against Gov. Scott Walker, but it’s too soon to say whether the state will follow through and kick him to the curb. One thing that could work in his favor: The inability of some of the state’s powerful unions to consolidate behind a Democratic candidate to oppose him. Having come this far, some labor activists now question whether the best way to flex their muscle is to sit out the election altogether.

This is the drama unfolding at the Teaching Assistants Association, which represents graduate students and project assistants from the University of Wisconsin-Madison. No union is more identified with the anti-Walker mobilization. Days after he introduced his bill to gut collective bargaining, TAA members showed up at the state capitol, sleeping bags in hand, and kicked off what became a 16-day occupation. That emboldened Democratic senators to flee the state to deny Walker a quorum – bringing national media attention to the controversy.

Bankers Form Super PAC

Tuesday, April 3, 2012

Taxmageddon

President Obama Attacks Ryan Budget In Speech But...

Game Change We Can Believe In



liked the hbo version better and I believe that far more believable than sarapac

Guest commentary: We can't drill our way to lower gas prices

Guest commentary: We can't drill our way to lower gas prices

click link for full

snip


The drill babies are back, touting Exxon-Mobil's wish list under the guise of cutting the price of gas. But the truth is we're already on the way to reducing what we spend on it.

In this political season, we're hearing the broken-record answers to $4 gas: Drill, baby, drill, build the Keystone XL pipeline and raid emergency reserves.

None will solve the price problem today or in years to come. Each feeds the United States' oil addiction. Each risks damaging the environment or draining strategic supplies. Most important, this noisy debate over supply misses the point: Nothing will cut gas prices right now. But by reducing how much gas we use — by reducing demand — we are already on the road to cutting fuel bills.

With 98 percent of the world's oil reserves in the hands of other countries and an international cartel exerting a powerful hand on prices, the United States cannot control what we pay each day at the pump. Under President Barack Obama, drilling already is up 12 percent. Nonetheless, prices have risen. Even new drilling every place that has the oil industry panting would not provide enough to reduce prices significantly.

The U.S. Energy Information Administration estimates that new drilling on the outer continental shelf would not affect prices over the next decade and would cut them by only three cents a gallon in 2030.

Homeless Woman Dies In Police Custody (Anna Brown)



this sort of thing happens often across the nation

if not in jail, on the streets

Editorial: It's pitch perfect that Voter ID measure tossed as a fraud

Editorial: It's pitch perfect that Voter ID measure tossed as a fraud

click link

snip

a perverted, poetic justice kind of way, it's pitch perfect that in their alleged attempt to stop voter fraud, Missouri Republicans committed, well, fraud.

So concluded Cole County Circuit Court Judge Patricia Joyce, who last week ruled unconstitutional a joint resolution passed by the Missouri Legislature last year that would have placed on the November 2012 ballot an amendment to weaken Missourians' fundamental right to vote.

Judge Joyce, in no uncertain terms, accused the Republicans who wrote the summary language for the inaccurately titled "Voter Protection Act" of trying to pull a fast one on voters.

Most likely, Judge Joyce merely slowed down the steamroller that is the Republican Party's national campaign to suppress the votes of young people, minorities, poor people, elderly people and disabled

Read more: http://www.stltoday.com/news/opinion/columns/the-platform/editorial-it-s-pitch-perfect-that-voter-id-measure-tossed/article_44afed8c-d617-5f65-a205-e8e037a610c0.html#ixzz1qz9j7ZLa

Monday, April 2, 2012

FIREFIGHTER: HOW MY UNION SUPPORTS ME - WHY RIGHT TO WORK DOES NOT

Tous unis dans les rues d'Alma pour préserver des emplois de qualité / M...

Goldman Sachs sells stake in Backpage trafficking website

Herman Cain's sick rabbit-shooting 'Sick of Stimulus' video

Crazy Rabbit Killing Ad From Herman Cain PAC



so much for easter bunny

The Rich Get Richer - New Facts

The Star’s editorial | Birthing more nonsense in Topeka and Jefferson City - KansasCity.com

The Star’s editorial | Birthing more nonsense in Topeka and Jefferson City - KansasCity.com

click link for full

snip
 Right to refuse
Rest assured, legislators in Kansas and Missouri have your conscience in mind — as long as it jibes with their thinking.
In Topeka, the House approved a bill that basically allows people to ignore local anti-discrimination ordinances under the guise of following one’s religion. If a property owner wanted to claim religious beliefs in refusing to rent to a same-sex couple, for instance, that would trump a local ordinance, such as one in Lawrence which forbids housing discrimination on the basis of sexual orientation


Lance Kinzer, an Olathe Republican who sponsored the bill, named it the “Kansas Preservation of Religious Freedom Act.” The “Freedom to Discriminate Act” would be more accurate. The Senate should put a halt to this attempt to treat gay and lesbian Kansans as less-than-equal citizens.
Meanwhile, the Missouri House passed a bill that would allow health care workers to refuse to participate in procedures that violate their “conscience or principles.” That would include abortion, contraception procedures, sterilization and certain forms of stem cell research.

Read more here: http://www.kansascity.com/2012/03/30/3525865/the-stars-editorial-birthing-more.html#storylink=cpy#storylink=cpy

Read more here: http://www.kansascity.com/2012/03/30/3525865/the-stars-editorial-birthing-more.html#storylink=cpy#storylink=cpy

Sunday, April 1, 2012

Editorial: Why is Missouri lagging behind economically? Education

Editorial: Why is Missouri lagging behind economically? Education

click link for full


snip


Imagine if St. Louis didn't rank 76th out of the nation's 100 largest cities in percentage of job growth since the Great Recession in 2007 to the end of last year.

Imagine if Missouri's growth in total income last year wasn't 48th in the nation.
Imagine if Missouri's college degree attainment rate was better than 34th in the nation.
Missouri has to dream. The future of our state depends on it.
The nation slowly is recovering from the recession. And while there are nuggets of good news in some statistics — Missouri's unemployment rate is declining — our recovery is slower than much of the rest of the country.

Editorial: Not feeling the recovery? Here's why

Editorial: Not feeling the recovery? Here's why

click link for full article

snip



Matson: April 1, 2012

R.J. Matson/Post-Dispatch, April 1, 2012

If you've read about the economic recovery but you're just not feeling it, this could explain why:

In 2010, the first full year of the recovery, 93 percent of all the $288 billion in new income created nationwide went to the top 1 percent of taxpayers. Figures for 2011 won't be available until next year.

Ninety. Three. Percent. To the 1 percent of taxpayers who make $352,000 and up. Way up in some cases.

Thirty-seven percent — $106.5 billion — of the $288 billion in additional income created in 2010 accrued to the richest 0.01 percent of taxpayers, the top one-hundredth of 1 percent of American households, the 15,600 individuals or households with average incomes of $23.8 million.

Say your household is right in the middle. Half of American households earn more, half earn less. Between June 2009 and June 2011, the median household income fell 6.7 percent in inflation-related terms, to $49,909.

These data were derived from a study of American tax returns by University of California-Berkeley economist Emmanuel Saez, updating work he did previously with Thomas Picketty of the Paris School of Economics.

Reuters tax columnist David Cay Johnston has added some historical perspective. Between 1933 and 1934, as President Franklin Roosvelt's administration began responding to the Great Depression, the average income for the bottom 90 percent of wage earners increased by 8.8 percent. The average income for the super-rich, the top 0.01 percent, actually fell 3.4 percent.

But since the Reagan Revolution, under Democratic presidents and Congresses as well as Republican, government tax and financial policies have been geared to the wealthy. Mr. Saez's figures show that the top 1 percent reaped 45 percent of the economic growth in the Clinton era and 65 percent during the George W. Bush presidency. The first two years of the Obama administration, when Democrats also controlled both houses of Congress, only accelerated the trend.

Read more: http://www.stltoday.com/news/opinion/columns/the-platform/editorial-not-feeling-the-recovery-here-s-why/article_9bbb750f-887c-5b1e-96c0-ea7ae33acb55.html#ixzz1qnt7h9Sa

The Real Reason Snowe Is Retiring?

Obama James Bond Attack Ad By American Crossroads



I can remember watching the first Bond movie at the Gravois show. I wanted to become a double naught agent.

alas, I went to work for American can