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A question for John McCain about honoring the troops

You keep saying that you'll bring the troops home with honor. When have they not been honored? Can you please give examples? C&L and many other sites fight everyday for the rights of our troops, their health care, benefits and the conditions of Walter Reed. And the best way I know how to fight for them is to never send them to war without a true cause and bring them home now so their families can see them alive and healthy. You are against Sen Webb's GI Bill not because it doesn't give them adequate compensation for their service, but as you say, it will lead to many more troops leaving the armed forces sooner:

They are very hard to replace. Encouraging people to choose to not become noncommissioned officers would hurt the military and our country very badly." McCain argues his bill would have a smaller impact on retention rates than the legislation that the Senate passed.

Is that an honorable argument?



NonnyMouse sent this article from The Motley Fool UK, and while this is focused on the UK banking system, it was still as disturbing to me as the thought of Madonna trying to make an updated version of Casablanca set in Iraq (which is to say, on so many levels). But it also occurred to me that given the hyper-partisan and crony-favored atmosphere fostered by the Bush administration, this wouldn't be a completely out-of-left-field thing to be happening here in the US too, if only tacitly:

You may have noticed that, for the past few years, this website has compared personal loans. Thousands of people have used the comparison tool.

As a writer, my involvement with it has largely been limited to looking through data to see patterns in the loans market. We survey users to find out how their applications went, so that we can identify patterns and provide better guidance in our articles. We've found that, of course, sometimes people don't get the loan they apply for, or that the lender offers them a worse rate than the typical APR that was shown.[..]

However, analysing the data we've collated, it's clear that who you vote for in elections affects whether you'll get a loan with a bank. If the bank supports one political party through donations or other means, and you vote for that party, you're more likely to get a loan. If you aren't a known supporter, you're less likely to get the loan. If you're a known supporter of a different party, you're even less likely.

Also, you're more likely to get the cheapest rates (the 'typical' APRs) if you support the same party as the bank!

This has serious implications about data protection, amongst other things.

I'd be curious to know how private banks in the UK would get voter information...but it should serve as a HUGE red flag on the dangers of the Voter/REAL ID cards here in the US.



Mike's Blog Roundup

The Bonddad Blog: People are abandoning mortgages as prices drop, municipal bond rates are shooting through the roof, and the markets are falling. But Bubble Boy insists everything is copacetic.

Gristmill: A front for the coal industry is running some amazingly dishonest ads in advance of the Ohio presidential primary...and in other campaign news...

Ken Silverstein: John McCain's 'charitable contributions.'

Neurotopia: Convergent evolution of a gene that blocks HIV in monkeys.

War and Piece: Big trouble. More here, and here...

Sunday Bookchat: A man who was right about Iraq -- right from the start! A woman who was a mortal enemy of William F. Buckley's best buddy! An Obama critic who can't get over himself! From borderlands and bookshelves to comic books and Harlan Ellison --



Bush sees the rich skipping out on taxes

There were quite a few interesting gems in the president's Fox News interview over the weekend, but this one stood out for me:

WALLACE: How does [McCain] overcome all of that and...

BUSH: Because there's two big issues. One is, who's going to keep your taxes low? Most Americans feel overtaxed and I promise you the Democrat [sic] party is going to field a candidate who says I'm going to raise your tax.

If they're going to say, oh, we're only going to tax the rich people, but most people in America understand that the rich people hire good accountants and figure out how not to necessarily pay all the taxes and the middle class gets stuck.

We've had -- we've been through this drill before. We're only going to tax the rich and all you have to do is look at the history of that kind of language and see who gets stuck with the bill.

Does this make any sense at all? Wealthy people hire accountants, so the government should leave their tax rates alone?

As Isaac Chotiner put it, "The Democrats want to raise rates on the wealthiest Americans, but Bush is saying that in fact this will screw the middle class because the rich have ways to avoid paying taxes. The obvious question is, then, why has Bush spent so much time giving tax cuts to the rich?!?!"



Bill Moyers Journal: America on Steroids

icon Download | play icon Download | play (h/t Heather)

Bill Moyers finds parallels with the degradation of rampant steroid use in baseball to how degraded our country has become by those seeking quick ways to short cut and short circuit level playing fields.

You don't get a level playing field with performance enhancing drugs, any more than you get an honest government with political action committees and bundled contributions, or a fair economy with some derivatives, hedge funds, and private equity managers taxed at rates lower than their janitors. You get a level playing field only when the fans demand it. Suppose people stopped attending games in large numbers, stopped watching on TV, stopped buying the products hyped by the icons. The leveling would happen, or baseball as a money-making business would die. It's not likely to happen. If we can't organize to stop a brutal, bloody war in Iraq, or rectify an economic system that divides us further every day, we can hardly expect collective action from baseball fans.

There was a lesson in George Mitchell's report that I'm not sure even he recognized. The day Americans don't feel strongly enough about the need for level playing fields to fight for them -- the day when cutting corners and seeking an edge become the national pastime -- is the day democracy will be lucky even to find a seat in the bleachers.

The entire transcript available here.



Far-right food fight at Regnery

The right's biggest book publisher is apparently having trouble with some of the right's biggest authors. It could get ugly -- and for some of us, entertaining.

Five authors have sued the parent company of Regnery Publishing, a Washington imprint of conservative books, charging that the company deprives its writers of royalties by selling their books at a steep discount to book clubs and other organizations owned by the same parent company.

In a suit filed in United States District Court in Washington yesterday, the authors Jerome R. Corsi, Bill Gertz, Lt. Col. Robert (Buzz) Patterson, Joel Mowbray and Richard Miniter state that Eagle Publishing, which owns Regnery, “orchestrates and participates in a fraudulent, deceptively concealed and self-dealing scheme to divert book sales away from retail outlets and to wholly owned subsidiary organizations within the Eagle conglomerate.”

[Richard] Miniter said, “It suddenly occurred to us that Regnery is making collectively jillions of dollars off of us and paying us a pittance.” He added: “Why is Regnery acting like a Marxist cartoon of a capitalist company?”

As Kevin Drum put it, "[I]f a conservative is a liberal who's been mugged, what do you call a conservative who's come face to face with the naked face of vertically integrated capitalism?"



A jukebox that only plays one song

The deficit is high, the debt is growing, the war’s financial costs are exorbitant, and the nation is just coming to grips with the need for a sizable investment in the nation’s bridges and infrastructure.

Given this environment, the president has a plan: more tax cuts.

President Bush said yesterday that he is considering a fresh plan to cut tax rates for U.S. corporations to make them more competitive around the world, an initiative that could further inflame a battle with the Democratic Congress over spending and taxes and help define the remainder of his tenure.

Advisers presented Bush with a series of ideas to restructure corporate taxes, possibly eliminating narrowly targeted breaks to pay for a broader, across-the-board rate cut. In an interview with a small group of journalists afterward, Bush said he was “inclined” to send a corporate tax package to Congress, although he expressed uncertainty about its political viability.

As Kevin Drum put it, "He really is like a windup doll, isn't he? No matter what's going on in the outside world, no matter what problems we're facing, no matter what the political situation is, you pull the cord and he says 'Tax cuts!' It's like he's the Manchurian President."



Bob Murray uses Utah mining tragedy to attack Global Warming

bob-murray.jpg Amidst the tragedy of the trapped coal miners in Utah, Bob Murray said this:

We're going to get them," said Robert E. Murray, chairman of Murray Energy Corp. of Cleveland, a part-owner of the Crandall Canyon mine. "There is nothing on my mind right now except getting those miners out.

Nothing on his mind other saving the miners, really?

icon Download | play icon Download | play

"Without coal to manufacture our electricity, our products will not compete in the global marketplace against foreign countries...and people on fixed incomes will not be able to pay their electric bills," . "And every one of these global warming bills that has been introduced in Congress to date eliminates the coal industry and will increase your electric rates four to five-fold."

Will Bunch: Better mine safety (which has nothing to do with global warming, last time I checked) is anti-American? Well, I don't think a majority of Americans agree with that, but the ones who do may find this last twist more than a little ironic:

Little was known about the six miners; only one has been identified. The Mexican Consulate in Salt Lake City said three of the men are Mexican citizens.

So let me get this straight: Robert Murray doesn't want any laws that would make the skies over America cleaner, because he wouldn't be able to give dangerous jobs in Utah...to citizens of Mexico? Man 'o' man, I can't wait to see how Hannity and Rush spin this one...read on

Yea, that might be pretty interesting....



Fred Thompson's <i>Interesting</i> Grasp on Corporate Taxes

fdt.jpg   SirotaBlog:

USA Today finally breaks the national media silence about the one-third of Fred Thompson's life that he spent as a high-paid corporate lobbyist in Washington, D.C. Thompson's campaign, which is being run by his fellow K Street lobbyists, responded by saying only that being a K Street lobbyist "is an honorable endeavor that goes back to the beginnings of this republic."

Huh? Honorable?  What are you smoking, Fred?

Not surprisingly, the National Association of Manufacturers has a post on its blog trumpeting Thompson's first major policy declaration: His decision to make enacting new corporate tax breaks the centerpiece of his campaign.

Oy.  Because with all that's going on--record deficits, outsourcing, real wages dropping, the middle class becoming extinct, what we should focus on is REDUCING CORPORATE TAXES?  Fred actually tells NAM:

"We have, you know-if you include state taxes-the highest corporate tax rate in the world. That makes us less competitive. All those things have to be looked at. And all those-especially as far as the corporate tax rate is concerned, need to be clearly reduced."  

Only problem, is that's not strictly true.  Conservative think tanks will say it is, but what they neglect to mention corporate tax rates are only paid on corporate income AFTER all tax credits, deductions and other loopholes have been applied.  This .pdf from Citizens for Tax Justice shows that 82 of the largest and most profitable US corporations paid NO tax for one or more years during the Bush Administration.  

So, Fred, how exactly does reducing nothing make us more competitive?



Healthy? Insurance Companies Differ

LA Times : (h/t NonnyMouse)

Scott Svonkin joined the Los Angeles County Commission on Insurance 10 years ago because he was concerned about an emerging problem: people losing health coverage. Since then, the ranks of uninsured Americans have swelled to more than 46 million.

Svonkin almost became one of them.

It happened after he left a comfortable government job as a legislative chief of staff to start his own marketing and public affairs consulting business. Late last year he started shopping around for health insurance for himself, his expectant wife and his young daughter.

He knew he'd pay more without an employer picking up most of the tab. And he knew he'd have to fill out a medical questionnaire because, unlike job-based coverage, individual insurance in California is contingent on an applicant's health. But that didn't concern him because, he said, "I'm healthy as a horse, never smoked and have had no major surgery."

As it turned out, Svonkin was rejected by not just one but three of California's biggest health insurers, which cited his history of asthma, among other things.

"I couldn't buy it at any price," said Svonkin, 40, who lives in Sherman Oaks. "I remember thinking, 'This can't be happening to me.' "

Svonkin is part of what experts say is a largely hidden aspect of the nation's health insurance crisis: the uninsurables, people whom insurance companies won't touch, even though they can afford to pay high premiums. Some, such as Svonkin, pay steep rates for lean coverage from the state's high-risk insurance pool. Others simply go without. Read on...