The True Legacy of Margret Thatcher

I shook hands with Margret Thatcher on my second visit to Williamsburg, VA in 1997 while she was Chancellor at William and Mary.  She spoke at a commencement and I took pictures.  A few years earlier I met Dan Quayle while attending Liberty University.  That’s as much as I have to say about either encounter except that not long ago I went back to Williamsburg with Amy and we got drunk at a bar near the William and Mary campus.  It was a much more rewarding experience.

I forced myself to watch The Iron Lady when it debuted on HBO.  I was pleasantly surprised it didn’t paint Thatcher as the grand savior of England.  Champion of individual responsibility, she even proclaimed “There is no such thing as society, only self”.   Well, to me that’s just about as arrogant, short sighted and pretentious as it can get.   It also fully qualifies her to be the champion of Teabilly’s globally (which is now a concentrated minority in the southern United States.  England has grown up and moved on).  Here’s a list of Thatcher the Milk Snatcher’s achievements.   I would like to hear the conservative response to each since their admiration of self-centered evil is unwavering.  I would be willing to bet most of her US supporters know very little about her antics and comments or they might loath her as much as most Britons.

  1. She publicly described Nelson Mandela as the leader of a “terrorist organization”.
  2. In 1990 Thatcher was denounced by her own conservative party and ultimately forced to resign her office because she implemented a poll tax that caused rioting in the streets.
  3. She embraced censorship, collusion and the documented killing of her citizens through covert operations (Sandbaggers).
  4. She wrote off (killed) England’s manufacturing industry and decided she could live with 2-3 million newly unemployed, causing the highest rate of unemployment in England’s history .  I know, it will be hard to find a sympathetic conservative response to the negative effects of unemployment verses any immediate revenue gains for the private sector, benefiting very few.
  5. She embraced banking and business deregulation with Reagan, coupled with Clinton’s ignorant repeal of Glass-Steagall, setting the ground work for the 2008 mortgage industry meltdown (Please, tell another lie about Barney Frank twisting the arms of bankers to make sketchy loans to unqualified borrowers.  We haven’t heard this hollow farce enough.  The Banksters made billions so even if it was true they need to send Barney some thank you letters).
  6. She chose to embrace draconian military policies in Ireland, never entering negotiations with “terrorists”.  After she left office tensions between Northern Ireland and the British diminished as serious political negotiations proceeded and by 1997 the IRA cease fire became permanent.
  7. Her son was found guilty of financing a military coup in New Guinea.  He was given a suspended sentence and a plane ticket home.  A sentence reserved for a select few with connections to the political aristocracy.
  8. She never won an election by more than 48% of the popular vote.  This has been called a “landslide” in England but only because they are not a two party system.   So at any point at least half the population did not support her policies.  In the first election she won to become Prime Minister more than 60% of all votes went to other candidates.  Could you imagine the backlash if a US Presidential candidate won office with less than 40% of the popular vote?
  9. The woman who despised social services and championed privatization was to have the 5th state sponsored funeral in England during the 20-21st centuries.  The last was Winston Churchill.  This was pre-negotiated by Thatchers representatives and the Queen.   She may even lay in state at Westminster Hall on the Briton’s Euro.  This is actually perfectly fitting because it personifies the blatant hypocrisy always on display by staunch conservatives.
  10. She supported the NHS.  Yes, even a woman as conservative as Thatcher could see the benefits and necessity of national health care.  You can’t praise the woman and simultaneously denounce her policy positions.

Want to see how good England’s model of austerity under Thatcher works?  Look no further than Spain or Greece which adopted her model so their aristocracy (sorry…”job creators”) could continue to avoid paying taxes.  Millions are suffering, a tiny few are thriving.  Just the way conservatives seem to like it.

 

North Carolina’s got some highly informed rural voters.

This story below made me chuckle because of the irony. The very reason the GOP holds sway in NC is the rural voters. Look at any 2012 election map you will see the urban areas of NC went overwhelmingly blue.

What rural voters think they did: cast a vote for Jesus, guns, some hollow propaganda about “personal responsibility” and found the check box that didn’t include the name of a black man.

What rural voters really did: cast a vote for a direct funnel of public money to big business better known as corporate welfare. Caught ’em like a fish! Now these rural areas get to reap the rewards of their well informed voting. No monies for you! Gotta pay for the pet projects of the banksters in Charlotte and developers in Raleigh.

http://www.wral.com/some-say-mccrory-budget-shortchanges-rural-areas/12257858/

 

Excellent post from the CNN comment forums..

This is a quote from the comments section in the article “The Republican Reality Show”. Excellent summation of what the GOP needs to recognize…

I consider myself socially “liberal” and fiscally “conservative”. Maybe I’m a libertarian without the overriding fear and a persecution complex, but since I have been of age to vote, I have only voted Democrat simply because I feel that individual human rights are more important than economic policy.

To be brief, this is what the GOP would need to do to earn my vote:

1) Stop trying to lead the country toward Theocracy. As a form of government, it barely functions when nearly an entire nation is of one religion, it certainly won’t work in a country as diverse as the US.

2) Stop rejecting science. The world is not 6000 years old, the earth is not flat, and the moon is not made of cheese. We need leadership that can move us forward, and you can’t do that without a firm grasp on reality.

3) Approach the budget honestly, admit the defense budget is bloated and propose actual workable solutions. If your selling yourselves as the party of fiscal responsibility, you need to be honest about this one and pay attention to the “responsible” part.

4) Stop using “socialized” as a derogatory term. Some things are better done by a society, many hands make light work after all. Education, infrastructure, health care, and catastrophic insurance are crucial to both society and the economy.

5) Stop using fear to motivate your base, and stop scapegoating minorities. Immigrants, atheists and homosexuals will not be the downfall of the US, it will be ignorance and fear.

6) Put people before capital. If you preach freedom while simultaneously enabling the financial enslavement of the population, it will only end one way.

– noncentric

No Guns vs. Arm Everyone

Do those calling for no guns under any circumstances, including the use of unarmed security guards, realize they sound as crazy as those wanting to arm everyone? It’s hard to reach any common sense agreements in modern political discourse when the discussion is dominated by the raised voices of those with extreme opinions on both sides.

Today the GOP is writing it’s own obituary.

Here’s what I know as fact about the fiscal cliff negotiations: President Obama offered to limit tax increases to households earning more than $400K a year. The Democrats agreed to spending cuts, not quite as draconian as the Tea Party demanded, but they also indicated there was room for negotiation on the cuts. Speaker of the House Boehner went back to the Tea People controlling the House and tried to put together a plan that would lift the tax increase threshold to $1 million a year.   They realized that was going nowhere in their party and attempted to shift negotiations towards using the adjusted CPI for Social Security.  John McCain, now considered a moderate, said “it won’t look good if we are advocating tax increases and social security cuts”.  Again, no movement and surprise… The Tea Party obstructed.  Which part?  All of it.  They want across the board, draconian spending cuts and NO tax increases on anyone. Again, realistic, intellectual thinking at it’s finest. Meanwhile rank and file GOP conservatives can do nothing. Their party is still held hostage by the radical faction in their ranks.

Grover Norquist will be proud of these obstructionists for hold their ground on their tax pledge. The majority of Americans will not.  50% of Republicans agree with the Presidents approach to revenue according to a Dec. 7th Bloomberg poll.  Staunch Tea People will make these arguments:

  1. The federal deficit is solely a spending problem.  It is not.  Every merited, non-biased, international economist on the planet has acknowledged it is a spending AND revenue problem.  This is where the GOP fails.  They do not want to acknowledge that revenue is required.  Specifically they do not want to acknowledge that revenue is required from top earners.   Their claim that revenue should come from “the 50% of Americans who pay no federal income taxes” is juvenile and hollow.  Why do people rob banks?  That’s where the money is.  Why should the wealthy pay an increased and proportionate percentage of taxes on their income (i.e. pre Bush tax rates)?  Same reason.
  2. Raising taxes on millionaires will kill their ambition and discourage them from working.  Never mind it didn’t discourage them prior to the Bush cuts they now enjoy.
  3. Raising taxes on the wealthy will punish successful people for being successful.  Just like they were punished via bullwhip during the Clinton Administration.
  4. Raising taxes will stop “job creation”.  You know, it will put a stop to all the job creation they have embarked on during the last six years they’ve enjoyed these tax cuts.   This lie is starting to tell itself.
  5. And finally they will argue “It’s Obama’s fault”.  One of the things I get the best chuckle out of is reading the GOP remarks calling Obama and obstructionist.  This is a clear indication you are reading or discussing the fiscal cliff negotiations with someone who is not paying attention and/or is loaded with bias.  Democrats have offered concessions and offered to negotiate further spending cuts.  The GOP has been able to offer nothing thanks to lack of agreement within their own ranks.   Many of those on the far right will not agree with Obama on any initiative simply for the sake of posturing and obstruction.

The worst part of this for the GOP is the comments I’m hearing from those claiming to be lifelong conservatives.  They do not recognize their own party anymore and are prepared to change their voter registration cards.  Sad they are being forced to leave their party because it has been hijacked by Libertarians who refuse to acknowledge their true political identity for the sake of compounding ideological influence.  Today the GOP as we know it will be dead as moderate Republicans will no longer have a voice.   Just like Democrats and the majority of legislation over the past six years they have been stifled by the group known as the Tea Party.  I will always refer to them as Tea People or Tea Baggers because they are in fact not a registered political party.   They did not ride in on the coat tails of true Republicans.   They tore them off and stole them.

How to generate trillions in revenue over a decade:

• $3 trillion: Enact a modest financial transaction tax: 0.5 percent on the purchase of stocks (0.25 percent for the buyer and the seller) and tax bonds and derivatives at lower rates.

• $1.7 trillion: Millionaires and billionaires pay a lower effective tax rate than working people. Rescind the Bush tax cuts for the top two percent; tax capital gains at the same rate as income (money making money is still income).

• $1 trillion: Crack down on offshore tax shelters.

• $580 billion: End tax breaks for companies that ship jobs overseas.

• $500 billion: Establish a currency manipulation fee on China and other countries. The Economic Policy Institute has estimated that it would create one million jobs.

• $300 billion: Establish a progressive estate tax on inherited wealth of more than $3.5 million.

• $110 billion: End tax breaks and subsidies for profitable oil, gas, and coal companies.

• Many corporations pay little or no tax. End tax loopholes, subsidies, bailouts, giveaways, and other corporate welfare.

• Creates new tax brackets for incomes over $3 million with a top tax rate of 40 percent.

• End the carried interest loophole for private equity and hedge fund managers.

Lesser of Two Evils

“someone spotted an open-air trailer near an early polling site in Goldsboro with President Barack Obama and other elected officials hung in effigy”

True story: Anyone I’ve had conversations with this month can confirm that until this morning I had not decided who I was going to vote for today. I despise the Obamacare mandate that much. I even told my 14 year-old niece I had not decided as of last night. This morning I read the the quote above in a news article about electioneering. It made up my mind. Sure, lots of people despised Bush but this has gone beyond comparison. The volume of hate coming from the right in this election has reached a point that may require therapy for many conservatives. I can’t be part of it.

So all of you who thought you were doing your cause any good repeatedly telling me how vile Obama is and that you’d like to see him “burned in the street” (Scotty) well, thank you. Any policy of Obama’s that I may have found harmful or offensive could not make me vote against him if it means reinforcing or supporting the persistent, vitriolic messages coming from Republicans in this election. It’s honestly made me question the sanity of many people I know. I realize it’s an odd factor to weigh my decision on but I’m not going to vote for the candidate that is the lesser of two evils. I’m voting for the segment of society that is proving to be the lesser of two evils.

This election has exposed the true sentiments of many Americans. We’re in trouble and politicians have nothing to do with it. Check yourselves. One man in one office did not put you where you are today, causing you such anguish. Another man won’t fix it either. Your GED isn’t going to turn into a college degree if Romney wins. Your old pants won’t fit no matter how many pairs you put on. If you lost your job Mitt isn’t going to hire you. These are your problems, not Barack Obama’s. It’s time for the party of “personal responsibility” to quit whining and exercise some. You can start by telling your fellow conservatives to quit burning scarecrows of duly elected officials in effigy.

Here’s your trickle down…

“Eighty percent of the state’s 115 school districts said they’ve had trouble finding instructors licensed to teach high school mathematics, while about two-thirds of the state’s local schools reported having trouble finding high school science and special education teachers.”

EMERY P. DALESIO – Associated Press

Please help put an end to the GOP multiple taxation lie.

An “Anonymous Coward” posted the following ranting comment on an article this morning about “asset protection” AKA “hiding money”.

“The money I make is taxed( once). The money my money makes is taxed.(Twice) When I die my money that I leave to my heirs is taxed.(Thrice) All to support fools who make no money!”

I wish I could get every GOP parrot and talking bobble head to read and comprehend the following explanation. It will stop them from either speaking ignorantly or lying once and for all on the topic of inheritance and capital gains tax. Something they clearly don’t know a damn thing about or pretend not to for the sake of a straw man argument. Let’s break it down:

“The money my money makes is taxed.(Twice)”

…and the money your wife makes is taxed, the money a second job makes is taxed. Doesn’t matter if your money earns money, your labor earns money or if someone gives you money cause they like your smile. It’s all income, all taxable.

“When I die my money that I leave to my heirs is taxed.(Thrice)”

Not on the federal level…only if it’s many, many millions. Or if you inherit property that produces income such as interest, dividends, or rent. Then only the income produced from those investments starting at the time on your death certificate is taxable against the receiver. As of 2010, 11 states assess tax on inherited money including Oregon, Tennessee, Nebraska, Connecticut, Kansas, Kentucky, Maryland, New Jersey, Iowa, Pennsylvania and Indiana. Sorry if you live in one. Tell your heirs to move.

You see, the word is INCOME. Everyone is taxed on personal income, not on the amount of money you have, where you put it or who you give it to. From this day forward you can stop repeating hollow lies and go forth informed about the difference between principal investment dollars and real income.