Archive for May 2nd, 2003

May 02 2003

Alarm Clock

Posted by Len on Friday at 11:17 am in Politics

Remember Reagonomics? That was nothing. Bushonomics is now here!

If Bush & Co. have their way, the 40 hour work week will soon be history. Your employer will not have to pay you overtime for working more than 40 hours in a week. They will be able to substitute “comp time.” In exchange for the extra hours you work, they can opt to give you time off work at some time in the future. The time off will be at their choosing, and could be delayed for more than a year after you put in the extra time.

Is it any wonder big business absolutely loves this guy? Now you understand why they pump so much money into his campaigns.

And the “tax cut” he is pushing for? If you’re rich, it’ll be a good deal. If you’re a member of the working class, you won’t benefit much from it.

Most noteworthy is President Bush’s stimulus plan. The plan is essentially one big tax cut for the rich, mainly coming through the dividend tax cut. The president essentially argues it is unfair to tax corporate dividends twice – once as corporate profits and again as taxable income of shareholders. A reasonable rationale, yet the Administration fails to explain that the income workers actually labor for is taxed at least three times through income and payroll taxes when we earn our wages and through sales tax when we spend it.

Moreover, the Administration argues that its stimulus/tax cut package will pump the economy full of cash by giving it to the investor class. But this taxes logic. Why would any logical business owner or investor throw his money into an economy marked by low consumer confidence and minimal demand? No confidence translates into low demand that causes low sales, declining profits and hence little return on investment.

Here’s the full story.

I hope America is paying attention, but I doubt most are. They are too infatuated with this cowboy for having “won” a war (as if there was ever any doubt as to the outcome of that invasion).

It’s time to wake up, America! The alarm clock has been sounding for quite a while now.

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May 02 2003

Hypocrite

Posted by Len on Friday at 2:07 am in Politics

I didn’t watch it because I was working at the time, but had I watched it I most likely would have laughed my ass off. I hope you did, if you watched it.

There’s George W. Bush landing on an aircraft carrier in the co-pilot’s seat of a fighter jet. There he is all dressed up in military gear, standing amongst real soldiers and declaring an official end to the hostilities in Iraq. (He cannot declare that the war is over. If he did that, we would have to release all our “prisoners.” We’re having way too much fun with them to let them go just yet.)

Check out Mr. Bush’s real military record. (More documentation here.)

I have read that he (and Karl Rove) plan to make his ties to the military the cornerstone of his 2004 campaign. I hope he does. I also hope the Democrats grab hold and run like the devil with it. I hope they are able to drive home to the American voters just what a liar and hypocrite this man really is.

Because, as I have stated here before and most likely will again, it is vitally important to the future of our country that Bush & Co. not be re-elected. (Which brings up an interesting question, but I’ll not be the one to ask it.) (Oh, to heck with it! Is it possible to be re-elected if you were not elected in the first place?) (There, I said it!)

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