11
LEFT/RIGHT
Mountain Views News Saturday, October 2, 2010
GREG Welborn
The Pledge To America
HOWARD Hays
As I See It
Ever come to the end of a
sentence and then have to look
away from the page, pause, sit
back and reflect on what you’d
read? That happened as I read
a column by poli sci professors
Jacob Hacker and Paul Pierson (Yale and UC
Berkeley, respectively) in the LA Times last week.
The column, on extending the Bush tax cuts for
the wealthiest Americans, stated that the nation’s
400 wealthiest households saw their tax rates
fall 45% over the past several years; from a rate
of 30% in 1995 to 16.6% in 2007. This resulted
in savings for those 400 wealthiest in 2007 alone
of $46 million (here are the words that gave me
pause) “per household”.
The professors describe tax cuts for the
wealthiest as an all-weather cause for Republicans.
Strong economy or weak economy, budget deficit
or surplus, high or low unemployment; whatever
the situation might be, the answer is always tax
cuts for the wealthiest. Even in wartime: former
House Majority Leader Tom DeLay (R-TX) is
quoted as telling a group of bankers shortly before
the Iraq invasion, “nothing is more important in
the face of a war than cutting taxes.”
Now we have Republicans in Congress playing
a game of “chicken” with the Bush tax cuts due
to expire at the end of this year; unless they’re
allowed to continue for the wealthiest (those
pulling in over $250,000 a year), then the 98%
of us who don’t make that much will have to
have their taxes go up, too. (We’re dealing with
marginal rates; with $260,000 a year in income,
only that $10,000 over $250,000 would be subject
to about a 3.6% increase in taxes). According to
the columnists, those making over $1 million a
year will be given a tax cut averaging $128,832
apiece - at a cost over the next decade of about
$1 trillion in lost revenue and interest on the
national debt.
Whether it be investments in education,
infrastructure, research, help for states or other
stimulus programs (even those that work),
Republicans warn of saddling future generations
with debt. With tax cuts though, debt doesn’t
matter - regardless of the extra $500 billion we’d
need to borrow from China to cover it.
Arguments they’ve used in the past have
proved false. The most effective investments by
government are in such things as food stamps
and unemployment benefits, where the money is
almost immediately circulated back through the
economy. Tax cuts for the wealthiest are more
likely to end up in offshore tax shelters. When
rates are higher, as they were during the Clinton
years (not to mention the 1950s and 60s), profits
are more likely to be reinvested back into new
plants, equipment and new hires. When they’re
lowered, as in the last decade, profits instead go
to bloated executive salaries and bonuses. As
for Republican warnings of the effect on “small
business”, it would only affect the less than 2%
whose owners pocket over a quarter-million a
year in take-home pay, rather than using the
profits to grow their business.
In the gubernatorial debate between Meg
Whitman and Jerry Brown at UC Davis,
Whitman repeated that quote from Albert
Einstein about the definition of insanity being
repeating the same thing and expecting a
different result. Brown took the quote and used
it against her, reminding voters it wasn’t that long
ago when another “outsider” candidate, one who
put his own money into his campaign (though
only a fraction of what Whitman has invested),
promised to come in and change the way things
operate in Sacramento without having had any
real experience in the place.
I thought of Einstein’s quote as I heard
Whitman’s economic policy prescriptions, which
were the same tax-cuts-for-the-wealthy nostrums
that proved disastrous under Bush. Her focus
is on doing away with the capital gains tax.
Although she relates it to investing in companies,
it has more to do with day traders, hedge fund
managers and market players who gamble with
other people’s money and then cash out. It’s not
for the benefit of the vast majority of California
workers, but could mean millions of dollars
in annual windfalls for billionaires - like Meg
Whitman. As Jerry Brown pointed out, those
windfalls would be paid for out of the general
fund, half of which goes to fund education.
I also recalled Einstein’s quote when Whitman
spoke of doing away with government pensions
and replacing them with 401(k)s. Back in the
early 1980s, workers in private industry were told
what an improvement these new plans would
be over their old-fashioned pensions. Now,
taxpayers have seen their retirement accounts
decimated, while being asked to shell out
hundreds of billions to bail out the Wall Street
firms to whom their 401(k)s were entrusted.
Another recent L.A. Times column that gave
me pause was by Garrett Gruener, dot-com
entrepreneur and venture capitalist, who writes,
“What American businesspeople know, and
have known since Henry Ford insisted that his
employees be able to afford to buy the cars they
made, is that a thriving economy doesn’t just
need investors; it needs people who can buy the
goods and services businesses create. For the
overall economy to do well, everyday Americans
have to do well. . . . Republicans are again arguing
that taxes should remain low for the wealthy. The
idea is that this will spur people like me to put
more capital to work and start more ventures,
which will create new jobs, power the economy
and ultimately produce more tax revenues. It’s a
beguiling theory, but it’s one that hasn’t worked
before and won’t work now.”
Our own Susan Henderson warned in her
column last week that, with recent Supreme Court
decisions opening a flood of corporate money
into campaign coffers, we’ll find more campaigns
ultimately geared not for the benefit of the
community, but for the protection of corporate
profit and private fortunes. That should give us
all pause - especially before going out to vote.
Generally speaking, I like written pledges.
They make clear for us what someone intends
to do in order to win our support, and they
allow for a good measure of accountability.
When they’re written, it’s very easy to go back
to them and compare actions against the
promises made. So, I’m very happy with the
GOP’s ‘Pledge To America’, although I wish it
were shorter than 200 pages, but I am truly
amazed at the panic that it has unleashed
among those on the left, whom I thought were
pretty unleashed already.
The tame criticisms of the document are
that it contains nothing but “warmed over”
ideas and that “there’s nothing new here”.
That’s an odd statement coming from liberals
given that they have widely praised President
Obama for successfully pursuing the policies
that Roosevelt, Truman and Clinton couldn’t
successfully push through. Liberals have been
trying to raise spending and increase the tax
burden on entrepreneurs and investors since
the early 1930s. If that’s not warmed over, I
don’t know what is.
Whether something is old or new really
has nothing to do with whether it is good or
bad. Those in the media ask Republicans how
they can possibly entertain lowering taxes
in light of the massive budget deficits we’re
facing. It’s almost laughable that they are so
blind to the flip side of the question. Isn’t it
more appropriate to ask how we can afford to
increase spending as much as this Congress
and this administration have? Taxes haven’t
changed since Obama came to power. The
deficits we’re facing are caused by the spending
increases he pushed through.
The less polite among the unhinged, unleashed
crowd would have us all believe that The
Pledge To America is a dangerous “ideological
document” constituting “hysterical tirades
against government”. They also accuse the
authors, and the GOP broadly of trying to
“dismantle the federal government”. So, let’s
review exactly what the 200 page dangerous
document says about what the next Republican
Congress wants to do.
1 If we’ve learned anything over the last 2 years,
it’s that we cannot spend our way to prosperity.
2 Government spending should be rolled back
to pre-stimulus, pre-bailout levels, saving us
$100 billion in the first year alone.
3 Strict budget caps, like those used in the
1990s under Bill Clinton, should be used to
limit government spending from this point
forward.
4 Obamacare should be replaced with real
medical liability reform and allow medical
insurance carriers to compete across state lines,
rather than observe the government mandated
mini-monopolies granted in each state.
5 All tax increases scheduled to take effect on
Jan 1, 2011 should be permanently stopped.
6 Unspent stimulus funds
should be canceled.
7 The TARP corporate
bailout program should be
canceled.
8 All new legislation will
specifically contain a clause
citing the specific constitutional authority
upon which the bill is justified so that activist
judges aren’t given even more leeway to rewrite
the constitution as they see fit every time they
hear a case involving government action
against private entities.
As I’m sure most readers have by now
concluded, there’s nothing really radical about
these statements, principals and pledges. Had
President Obama acted as the great unifier
he presented himself to be, and had he truly
tried to change the way things were done in
Washington, we wouldn’t be in this state at
this point in time. There wouldn’t be any real
reason for Tea Parties to exist, let alone capture
the approval of 33% of Americans.
Yes, you heard that right. The latest national
poll shows that Tea Party principles (most of
which are actually enshrined in The Pledge
To America) are supported by one third
of all voting Americans. For a grass-roots
organization that didn’t exist 2 years ago, that’s
a huge growth rate, and speaks volumes of the
heart-felt desire among Americans for real
hope and change.
President Obama may have captured the
spirit of the discontent in America at the time
of the last election. This writer, for one, was
sickened at the spending levels initiated by the
last Republican Congress. But the speed with
which President Obama contradicted his own
promises and the magnitude of the spending
and debt that he has unleashed on this country
– on top of what the previous Congress did - is
nothing short of appalling.
I truly believe that Republicans have learned
their lessons. I also know that Democrats
haven’t even opened up the lesson book. The
choice this November is pretty clear. The fact
that the Republicans now understand what
Americans want is gratifying to most of us
but absolutely terrifying to those who want to
retain and expand their power to take more of
our hard-earned money and to tell us in even
greater meddling detail how to live our lives.
The worse the press coverage of The Pledge To
America, the better the document I know it is.
About the author: Gregory J. Welborn is
a freelance writer and has spoken to several
civic and religious organizations on cultural
and moral issues. He lives in the Los Angeles
area with his wife and 3 children and is active
in the community. He can be reached at
gregwelborn@earthlink.net.
CALIFORNIA GENERAL ELECTION 2010 - The Race For U. S. Senate
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MARSHA FEINLAND
2124 Kittredge St., #66
(510) 845-4360
Peace and Freedom Berkeley,
CA 94704 mfeinland@att.net
feinlandforsenate.org
Take A Stand Against Corporate
Domination
It’s no surprise that Congress
voted to bail out the banks while
working class people are losing
their homes and their jobs. The
corporations win and the people
lose on every issue.
Health Care
We need a system which covers
all of us. Socialized medicine,
like the British system, or
single payer, as in Canada or
variations in France, Australia,
and Germany provide effective
health care for everyone. The
cost is lower and outcomes
better than the insurance and
pharmaceutical company
controlled situation here.
The Environment
We need to promote the
production and use of clean
renewable energy. But most of
all, we need to implement infill
housing, public transportation,
and other social policies which
reduce our use of energy,
whatever the source, and protect
and restore ecosystems.
Immigration
People who come to this country
to work or to escape persecution
should not be called criminals.
War Funding
We need to stop subsidizing
the companies that develop the
weapons and contractors that
create the war infrastructure.
The military, weapons
production and contracting
consume almost 50% of our
Federal budget.
EDWARD NOONAN
1561 N. Beale Rd.
(530) 743-6878
American Independent
Marysville, CA 95901
ednoonan@4xtreme.org
http://www.4xtreme.org
CARLY FIORINA
915 L Street, Suite C-378
(877) 664-6676
Republican
Sacramento, CA 95814
info@carlyforca.com
carlyforca.com
I started my business career as a secretary,
earned an MBA and became the first woman to
lead a Fortune 20 company, Hewlett-Packard. I
understand the challenges people face and how
to create jobs. America is in a crisis. Soaring
federal spending and the mushrooming federal
deficit are killing jobs and stalling economic
recovery.
Unless reversed, our children will be burdened
with unsustainable future debt. We need real
job creation not failed federal policy like the
stimulus. The problem is old-line politicians,
who have been in office for decades, are not
interested in solving problems. They are more
concerned with partisanship, ideology and the
next election. I’m a strong fiscal conservative
who will fight to reduce spending, slash the
federal deficit and stop the expansion of federal
control over the economy.
We are at war with terrorists who seek to
destroy America’s way of life. I chaired the
External Advisory Board for the CIA. I’ll work
for tougher U.S. policy in dealing with terrorists
and oppose the administration’s policy to try
terrorists in civilian court. If you’re tired of
partisan politics as usual then send a political
outsider like me to Washington. I will work
across party lines for real reform. Together we
can take back our government; make it listen
and work for each of us. I’m Carly Fiorina. I will
take a fresh, new look at solving the problems
facing America. We can actually make things
better for a change. I’m working hard to earn
your vote.
BARBARA BOXER
P.O. Box 411176
(323) 836-0820
Democratic
Los Angeles, CA 90041
info@barbaraboxer.com
www.barbaraboxer.com
We’re going through the toughest economic
times I’ve seen, and nothing is more important
than creating good California jobs. I’m doing
that with a specific jobs plan. (Read the entire
plan at www.BarbaraBoxer.com.)
First, I’m fighting to end tax breaks for
companies that ship jobs overseas and instead
give tax breaks to middle-class families and small
businesses that create jobs here at home. We have
to stop rewarding companies that ship our jobs to
Europe, India or China.
Second, I’ve been working to make California
the hub of the new clean energy industry. I’m
helping create manufacturing jobs and jobs for
engineers, construction workers, salespeople and
office workers. I want to see the words “Made in
America” again, with clean energy that reduces
pollution and gets us off foreign oil.
Third, I’ve helped double transportation funding
for California since I was elected to the Senate,
and I’ll continue to create thousands more jobs
improving our roads, bridges and mass transit.
As your Senator, I’ve gotten over 1,000 provisions
enacted, including the first-ever federal after-
school program that’s helping keep a million
kids off the streets and out of gangs, and tough
protections for our air, water and our coast. I’m
protecting a woman’s right to choose. And I’ve
gotten better treatment for our injured veterans
who deserve the best from us. These are tough
economic times with no easy solutions, but I
won’t stop fighting to create California jobs and
make life better for our families.
DUANE ROBERTS
P.O. Box 5123 info@
voteforduane.org
Green Anaheim, CA 92814
www.voteforduane.org
See www.voteforduane.org
(Excerpts from public statements):
GAIL K. LIGHTFOOT
P.O. Box 598 (805) 709-1130
Libertarian
Pismo Beach, CA 93448
www.gailklightfoot.com
Career politicians, lobbyists
and the parties in power
failed us. With no political/
corporate ties, pledged to
serve one term, I will defend
our Constitution; vote to
cut taxes, spending and
regulations; withdraw U.S.
troops from overseas; protect
2nd Amendment; and audit
the Federal Reserve.
Four Key Issues:
DRIVE THE PRIVATE
HEALTH INSURANCE
INDUSTRY OUT OF
BUSINESS AND REPLACE
IT WITH A SINGLE-PAYER
SYSTEM
END COLONIAL WARS IN
IRAQ AND AFGHANISTAN
TO PAY FOR TUITION-FREE
HIGHER EDUCATION FOR
ALL STUDENTS
OPPOSE NUCLEAR POWER
IN FAVOR OF FURTHER
DEVELOPING CLEAN
AND SAFE SOURCES OF
RENEWABLE ENERGY
SUPPORT LEGALIZING
MARIJUANA AND HEMP
FOR MEDICINAL,
RECREATIONAL AND
INDUSTRIAL PURPOSES
Dates to
Remember
October 18, 2010
Last day to register to
vote
October 26, 2010
Last day to apply for a
vote-by-mail ballot by
mail
November 2, 2010
Election Day
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