Archive for the 'Democrats' Category

From the Bottom Up

Thursday, January 24th, 2008

By Richard E Walrath

The Democrats shouldn’t waste time on Bush. Get a bill on his desk as soon as they can without tax-cuts for business and the rich.  That’s the most inefficient means of providing stimulus.  They just pocket the money.  If Bush wants to veto the bill, let him do it.  

He and the Republicans can take the heat in November. 

Food stamps, extended unemployment benefits, and a month’s rent would be good for starters. 

On the McLaughlin Group this past Friday, Monica Crowley said that the last time they gave out refunds some of the people didn’t spend them–they saved them. 

That’s because they started passing them out from the top. 

Try doing it from the bottom this time, and all the money will get spent.

 

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The Big “R”

Monday, January 14th, 2008

By Richard E Walrath

The big ‘ R’  is fast closing in on us, so now we hear about plans for doing something about heading it off. 

Hillary Clinton is proposing a $70 Billion stimulus plan for those with lower incomes–that’s called trickle up.

What I don’t understand is why does it take seven years and $700 billion of trickle down to get us where we are? 

Why not just skip the trickle down idea since we know it doesn’t work?

If we can head off the big ‘R’ with only $70 Billion, just think of what we could do with $700 Billion!

People are way over their heads in debt, and have no way out except bankruptcy which the Republicans have made more difficult and more costly to protect their business interests, but bankruptcies are on the rise.

People on the bottom half just can’t make it any more on their incomes.  The median household income is below $50,000.  Food, housing, health care and energy are consuming more and more of their incomes.

Add a debt burden that has been steadily growing to this picture, and you see the
Big ‘R’ fast approaching.

What the bottom half needs is an increase in income–not just a short-time, one-time
stimulus. 

Wages have been suppressed and depressed for years.  The minimum wage stayed at $5.15 an hour for almost ten years! 

When you have to stop going out to McDonald’s, you know things are getting bad.

Starbuck’s sales are dropping.  People who used to spend $3 for a cup of coffee aren’t going to do that anymore.  Appleby’s has been having problems for some time and Wendy’s is even worse off.

Even more telling are McDonald’s sales which have fallen.  People aren’t eating out so much–even to buy a hamburger.  When you have to stop going out to McDonald’s, you know things are getting bad.

Next thing people will have to do is learn to boil water and make soup.

Meanwhile, debt in the bottom half has soared.  Add to this grim picture growing unemployment and the financial crisis due to the subprime mortgage mess, and you can understand the situation we are in. 

Richard E Walrath is a former budget analyst and co-owner of the Articles and Answers News and Information sites:  Articles and Answers  Articles and Answers 2007 and the Alternative Augumenta blog.

 

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Addenda to Trickle Up Economics

Saturday, January 12th, 2008

By Richard E Walrath

People are way over their heads in debt, and have no way out except bankruptcy which the Republicans have made more difficult and more costly to protect their business interests, but bankruptcies are on the rise.

People on the bottom half just can’t make it any more on their incomes.  The median household income is below $50,000.  Food, housing, health care and energy are consuming more and more of their incomes.

Add a debt burden that has been steadily growing to this picture, and you see the Big ‘R’ fast approaching.

What the bottom half needs is an increase in income–not just a short-time, one-time stimulus. 

Wages have been suppressed and depressed for years.  The minimum wage stayed at $5.15 an hour for almost ten years! 

Meanwhile, debt in the bottom half has soared.  Add to this grim picture growing unemployment and the financial crisis due to the subprime mortgage mess, and you can understand the situation we are in. 

 

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Trickle Up Economics

Friday, January 11th, 2008

By Richard E Walrath

The big ‘R” is fast closing in on us, so now we hear about plans for doing something about heading it off. 

Hillary Clinton is proposing a $70 Billion stimulus plan for those with lower incomes–that’s called trickle up.

What I don’t understand is why does it take seven years and $700 billion of trickle down to get us where we are? 

Why not just skip the trickle down idea since we know it doesn’t work?

If we can head off the big ‘R’ with only $70 Billion, just think of what we could do with $700 Billion!

 

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Do You Really Give a Hoot What 710 Voters Think?

Friday, December 14th, 2007
122,295,345 votes were cast in the 2004 election for presidential candidates, yet Americans seem content to sit listening to the news and actually care what a few Iowa voters think.  I couldn’t count the number of times I’ve heard, or read, that the Democrats now have a three way tie in Iowa, with Obama leading the pack with 28% of the vote based on the latest poll.

That may mean something to someone, but I really couldn’t care less if 140 people in Iowa prefer Obama over Clinton or Edwards or Barney Fife, for that matter.

What 710 people sitting around cornfields in Iowa think about the candidates means virtually nothing to me, yet American voters seem to put so much stock in the Iowa caucuses.

Let’s take a real look at the latest poll on presidential candidates in Iowa.  The poll consisted of 500 likely Democratic caucus participants and 500 likely Republican caucus participants.  The poll was taken November 25 through November 29 and the participants were asked to identify their pick for president.

While the top three in the Republican Party received 66% of votes with only 4% of participants undecided, the top three in the Democratic Party received 76% of the votes with 7% undecided.

The difference in votes between Obama’s 140 and Edwards 115 is only 25 while uncommitted votes represent a total of 35 votes.

What I find interesting about the latest poll is the number of actual participants polled.  The October 1-3 2007 poll consisted of 804 participants – 399 from the Democratic Party and 405 from the Republican Party, while the prior poll completed on May 12-16, 2007 consisted of 801 participants – 400 from the Democratic Party and 401 from the Republican Party.

These polls may influence some voters in our country, but all they do is leave me with unanswered questions.  Why did the first two polls have a different number of participants from each party?  Where did they come up with the additional 200 participants for the latest poll?  What is the criterion for participating in an Iowa caucus poll?  How would the poll results from the first two polls differ if the additional 200 participants had voted?

When are the voters in this country going to wake up and ignore the polls that only represent a minuscule number of voters, ignore the media hype, ignore the personalities and concentrate on what is important to Americans and that is the candidates position on the issues?

 

Are We Better or Worse Off?

Monday, October 29th, 2007

By Richard E Walrath

There’s a lot of talk about regulation, but I don’t see a lot of evidence of it.  More of it in the food industry, especially imports, would please me.  People who buy toys think there should be more regulation, too.

Republicans want  to deregulate and Democrats want to regulate.  Airlines used to be regulated, now they’re not.  But that was Jimmy Carter’s doing. 

Are they, are we, better or worse off?

Deregulation led to Enron, at one time the largest corporation in America.  We know what happened to it.

At one time, of course, there was, basically, only one telephone company–AT&T.  There were others, but altogether they had a very small share of the total. 

Power lines and telephone lines are very expensive to install, and you want only one company in each area.  In return for having a monopoly, the utilities are supposed to hold down rates and were regulated by the government. 

That was then. 

The next idea was that utilities could offer better service and prices if there were more competition.  It’s cheaper now to have a phone than it used to be.  But that’s because we have entirely new systems. 

It’s the same old electricity, however, coming in on the same old power  lines, and the price keeps going up, up, and away.  

Electricity, which is extremely energy intensive, isn’t going to get cheaper until it’s produced in a different way–using an energy source other than coal.

 

Rampant Rumor

Wednesday, October 24th, 2007

 

By Richard E Walrath

“Why Osama Is the Best Choice for the Democrats in 2008″

By  George W. Bush

There is absolutely no truth to the rumor that the above op-ed piece was submitted by gw (guess who) to the New York Times.

Turkey in the News

Saturday, October 13th, 2007

 

By Richard E Walrath

All I’m reading about is the million Armenians the Turks killed in 1915 and whether or not this was genocide. 

There’s no question that it happened–not even too much of a dispute about how many. 

Was it a million or two million?  Is that  what the debate is about?  It was genocide if it was two million killed, but not if it was “only” one million?  Is that the question?

A million or two million people are wiped out, and the debate is whether or not this meets the standard to be called genocide.  If not, then what?  If so, so what?

The dispute seems to be whether or not to label killing a million or two million people genocide.  Are the  dead better or worse off if it was genocide?

Does it make it better or worse if it was or wasn’t genocide?   

The number doesn’t matter - the international law definition of genocide as a crime has two parts; intention and action.  It’s basically a ’systematic pattern of coordinated acts’ against a group and the group may be national, ethnical, racial or religious.

More may be read at the following site:

Excerpt from the Convention on the Prevention and Punishment of Genocide (For full text click here)

Genocide is like Hitler and Nazi Germany. That’s not a label that Turkey wants even though the government today is totally different from the Ottoman Empire. 

This has come up routinely in the past, but it never got anywhere because there was a Republican Congress.  After the House Foreign Relations Committee votes on Wednesday, President Abdullah Gul warned the United States, in a statement, that a positive vote by the U.S. House of Representatives could work against the United States.

There are a number of states–Michigan for one–with a lot of Armenians.  Turkey is a vital ally in the Bush war in Iraq, so a House vote could make a lot of trouble for him.

 

THEY NEED YOUR HELP!

Wednesday, October 3rd, 2007

By Richard E Walrath 

Billions of dollars for the Bush National Debt and the Bush war - but no dollars for the Children’s Health Insurance Program.

This morning President Bush vetoed the State Children’s Health Insurance bill. 

It doesn’t matter if you’re a Republican, a Democrat or an Independent, the bottom line is the same - it is up to you to get this bill passed for the children of America.  If 2/3 of the members of Congress stand up to President Bush on this issue, his veto can be overturned and millions of children will be able to receive medicare care.

A simple form has been prepared to aid you in locating your members of Congress and requesting them to stand up for this issue.  It’s not a standard form, you may say whatever you want - and if you don’t know what to say, there are talking points available as an additional tool. 

http://www.democrats.org/FightForKids

Don’t let one man endanger the health and well-being of the children of our country.  Their future is in your hands.

George Bush has increased the National Debt in this country by $3.2 trillion dollars since he has been in office, the war in Iraq and Afghanistan have now been estimated, by the Department of Defense, to cost an estimated $10 billion dollars a month.

How much will SCHIP cost in comparison?  The Department of Defense appears to lose more than this program will cost U.S. taxpayers.

President Bush vetoed this bill because it’s moves health care in the wrong direction.

For Immediate Release October 3, 2007

TO THE HOUSE OF REPRESENTATIVES:

“I am returning herewith without my approval H.R. 976, the “Children’s Health Insurance Program Reauthorization Act of 2007,” because this legislation would move health care in this country in the wrong direction…”

How can providing coverage for American’s children be considered moving health care in the wrong direction?

 

To Match or Not to Match

Tuesday, October 2nd, 2007

 

By Richard E Walrath

Former Senator John Edwards recently announced he will accept public financing for his campaign. 

What does that mean?

Campaign contributions are private funding from individuals, groups, PAC’s, firms, unions, and so on. 

Public financing is provided by the government part of which comes from the check-off box when people file their income taxes–$3. 

I’m not sure how much is now provided a candidate under the existing campaign funding laws. But whatever the amount, that’s all a candidate can spend if he/she accepts public financing.  The FEC website provides all the answers to the campaign financing questions.

If the candidate chooses not to accept public financing, there is no limit to how much he/she can spend if it’s raised privately.