Friday, February 23, 2007

You call that a budget?

Hey you Republicans and you Libertarians, too! You wanna know why this country is headed into the ditch? Well, it's because assholes run the government, and the biggest asshole is George W Bush.

Why is Bush an asshole? Well, nobody really knows the answer to that cosmic queastion, but for a blazing example of his assholiness at work, look no further than his recent budget proposal, as analysied by Matt Taibbi of the Rolling Stone:

[A] guy I know who works in the office of Senator Bernie Sanders sent me an email. He was trying very hard to get news organizations interested in some research his office had done about George Bush's proposed 2008 budget, which was unveiled two weeks ago and received relatively little press, mainly because of the controversy over the Iraq war resolution. All the same, the Bush budget is an amazing document. It would be hard to imagine a document that more clearly articulates the priorities of our current political elite.

Not only does it make many of Bush's tax cuts permanent, but it envisions a complete repeal of the Estate Tax, which mainly affects only those who are in the top two-tenths of the top one percent of the richest people in this country. The proposed savings from the cuts over the next decade are about $442 billion, or just slightly less than the amount of the annual defense budget (minus Iraq war expenses). But what's interesting about these cuts are how Bush plans to pay for them.

Sanders's office came up with some interesting numbers here. If the Estate Tax were to be repealed completely, the estimated savings to just one family -- the Walton family, the heirs to the Wal-Mart fortune -- would be about $32.7 billion dollars over the next ten years.

The proposed reductions to Medicaid over the same time frame? $28 billion.

Or how about this: if the Estate Tax goes, the heirs to the Mars candy corporation -- some of the world's evilest scumbags, incidentally, routinely ripped by human rights organizations for trafficking in child labor to work cocoa farms in places like Cote D'Ivoire -- if the estate tax goes, those assholes will receive about $11.7 billion in tax breaks. That's more than three times the amount Bush wants to cut from the VA budget ($3.4 billion) over the same time period.

Some other notable estimate estate tax breaks, versus corresponding cuts:

Cox family (Cox cable TV) receives $9.7 billion tax break while education would get $1.5 billion in cuts
Nordstrom family (Nordstrom dept. stores) receives $826.5 million tax break while Community Service Block Grants would be eliminated, a $630 million cut
Ernest Gallo family (shitty wines) receives a $468.4 million cut while LIHEAP (heating oil to poor) would get a $420 million cut

And so on and so on. Sanders additionally pointed out that the family of former Exxon/Mobil CEO Lee Raymond, who received a $400 million retirement package, would receive about $164 million in tax breaks.

Compare that to the Commodity Supplemental Food Program, which Bush proposes be completely eliminated, at a savings of $108 million over ten years. The program sent one bag of groceries per month to 480,000 seniors, mothers and newborn children.

Somehow, to me, that's the worst one on the list. Here you have the former CEO of a company that scored record profits even as it gouged consumers, with gas prices rising more than 70 percent since January of 2001. There is a direct correlation between the avarice of oil company executives and the increased demand for federal aid for heating oil programs like LIHEAP, and yet the federal government wants to reward these same executives for raising prices on the backs of consumers.

Even if you're a traditional, Barry Goldwater conservative, the kinds of budgets that Bush has sent to the hill not only this year but this whole century are the worst-case scenario; they increase spending generally while cutting taxes and social programming. They commit taxpayers to giant subsidies of already Croseus-rich energy corporations, pharmaceutical companies and defense manufacturers while simultaneously cutting taxes on those who most directly benefit from those subsidies. Thus you're not cutting spending -- you're just cutting spending on people who actually need the money. (According to the Washington Times, which in a supremely ironic twist of fate did one of the better analyses of the budget, spending will be 1.6 percent of GDP higher in the 2008 budget than in was in 2000, while revenues will be 2.6 percent of GDP lower). This is something different from traditional conservatism and something different from big-government liberalism; this is a new kind of politics that transforms the state into a huge, ever-expanding instrument for converting private savings into corporate profit.

That's not only bad government, it's bad capitalism. It makes legalized bribery and political connections more important factors than performance and competition in the corporate marketplace. Beyond that, it's just plain fucking offensive to ordinary people. It's one thing to complain about paying taxes when those taxes are buying a bag of groceries once a month for some struggling single mom in eastern Kentucky. But when your taxes are buying a yacht for some asshole who hires African eight year-olds to pick cocoa beans for two cents an hour ... I sure don't remember reading an excuse for that anywhere in the Federalist Papers.

Thursday, February 22, 2007

Rummy still hanging around

Credit: Mike Lynaugh

Yikes! I thought we had gotten rid of this guy. Well, the SecDef that didn't know when to quit is alive and well and still working in the Pentagon - as a paid consultant, no less.

Jim Hightower has the skinny.