Monday, June 27, 2011

A Hint of Why Bernie Sanders is Our Best Living Senator


For those of you who'd missed it on TV today, this is but the mere preamble to Bernie Sanders' second orgasm of outrage of 2011. If you have the time and patience to read his entire speech, you can read it here.

There's not really much that a layman like me can add to this without descending into mere opinionating and commentary but let's break down some of the numbers of Sen. Sanders' proposed 13 part plan for reducing this supposedly runaway deficit.

  • 1) Taking away Bush's tax cuts for the wealthiest 2%, which would save us $70 billion a year. It makes no fiscal or moral sense to continue to keep these silk-swaddled ticks on the links while there are still 5 unemployed Americans for every job and 45,000 Americans are dying in the US each year through lack of health insurance.

  • 2) A 5.4% surtax on these same golf club-swinging parasites would put $38.3 billion more into the Treasury each year. As Sen. Sanders points out, 81% are all for the idea. Think about what a 5.4% surtax would be on a billion dollar private ocean liner like the ones these leeches are having built for them.

  • 3) $58.2 billion a year would be slashed from the deficit if we but closed the tax loophole on corporations that outsource jobs overseas and move their HQs outside the jurisdiction of the IRS. Obama made a little noise about this on the campaign trail and a little more after he became the President but nothing about this in a long time. Time to put our money where his big mouth is.

  • 4) We could shave a bit more off the deficit by simply ending tax breaks and subsidies for the petroleum racket, $4 billion annually, to be exact. At a time when much of the country is still paying up to $4 for a gallon of unleaded and blaming the skyrocketing oil prices on the Libyan invasion, it doesn't make sense to not bite into the white, pasty flesh of the fat fucks in places like Exxon's "God Pod" by taking away these incomprehensible tax breaks since they're not putting any real money and effort into R&D for alternative energy sources, their one biggest reason for the continuance of these tax breaks and subsidies.

  • 5) Burning down tax shelters overseas would save taxpayers a whopping $100,000,000,000 a year (not ten years, a year). That fact alone shows how rotten and corrupt the current tax code is.

  • 6) Bringing back the speculation fee on Wall Street, which was first enacted in 1914 and doubled under Hoover and helped help pay for the New Deal, would add another $10 billion a year to the national coffers. Sanders is actually proposing a minor tax of less than 1%, which you could probably find at any one time between the cushions in Goldman Sachs' waiting room.

  • 7) Taxing capital gains and dividends the way they ought to be taxed in a nation not ruled by avaricious psychopaths would trim another $73 billion annually from our deficit. In case you don't know, capital gains tax had withered during the Bush years (2003, to be exact) to a mere 15%. Until Congressional Republicans cut capital gains taxes in 1978, the rate was 35%. Ah, the good old days.

  • 8) Raising the estate tax on 0.3% of the richest estates would add another $7 billion to the Treasury each year. But Republicans would have you believe the Deeeeeaaaaattttthhhhhh Tax would affect everyone, if your definition of "everyone" excludes 99.7% of the population.

  • 9) Waste at the Pentagon costs us about $10 billion a year. For instance, we still have a huge discretionary budget for arms programs to combat a USSR that hasn't existed in 20 years. Lord only knows how much more we can save by simply cutting off war profiteers like Blackwater, Halliburton and Bechtel, to name but a few.



  • 10) Allowing Medicaid to negotiate drug prices with Big Pharma would put another $15.7 billion into the budget every year. Plan D was one of the biggest Bag Over the Head con jobs in this nation's history. It's hard to imagine Billy Tauzin's beloved mother actually having to survive on the clusterfuck that is Medicare's Plan D.

  • 11) $6.8 billion more annually could be trimmed from the deficit if we give everyone the option of signing up for the much more streamlined and cost-efficient Medicare, at least Medicare as we now know it and not the joke of a voucher system that cock heads like Paul Ryan want to turn it into.

  • 12) We could make a cool $50 billion a year if we slap a fee on China every time they further imbalance the trade deficit by manipulating their currency. Of course, this will never come to pass since the Reds essentially own half the United States and would take out all their money in this country and call in the note for the trillions we've borrowed to float the deficit largely created by Bush's tax cuts.

  • 13) $20 billion more could be saved if we just get rid of the corruption, waste and outright fraud in all our government agencies. Personally, I think this is a severely low estimate.

    All told, Sen Sanders' modest and fair proposals would save the United States $473,000,000,000 each year, or nearly $5 trillion over the next decade.

    It would be nice to see the Obama administration tout these numbers and force the Republicans to come up with arguments as to why these measures are unreasonable. It's getting kind of obvious to even hardheaded Republicans that liberals and Tea Baggers alike are finally finding common ground and are opposing the Ryan Spanish Inquisition of a budget and that any Republican or Democrat who supports even part of it will put them on the unemployment line along with 9.1% of us.

    But of course, the Obama administration will completely ignore Sen. Sanders' powerful speech, his very real numbers and his commonsensical and very humane 13 Point Plan for deficit reduction because Tom Donohue and Andy Brietbart will say nasty things about him. Then again, it's said that the President, unlike his predecessor, can actually read so please sign Sen. Sanders' petition if you haven't already. 3000 people have already signed the letter since I began this post an hour ago.

  • 4 Comments:

    At June 28, 2011 at 12:05 AM, Anonymous Comrade Rutherford said...

    I love casting my vote for Bernie Sanders, the Socialist! I remember, but do not own, the People's Republic of Burlington T-shirts from back when he was the mayor.

     
    At June 28, 2011 at 11:51 AM, Anonymous Anonymous said...

    But if Truly SERIOUS, he would LIBERALLY exercise his Senate SECRET HOLD on a daily basis!

     
    At July 1, 2011 at 7:46 AM, Anonymous Anonymous said...

    Why all the hate for the rich? They are rich because they work harder than you, take more risk than you, and are smarter than you. You are poor because you have a negative attitude, lazy, a moocher, and you gripe instead of putting yourself out there every day. Go sell apples on the corner, do day labor, whatever it takes. Just stop griping about it and man up.

     
    At July 1, 2011 at 9:41 AM, Blogger jurassicpork said...

    See, this is what I'm talking about. Typical right wing reactionism.

    Listen, my rich people-loving troll: What the fuck did the rich ever do for you? And why do you feel it necessary to defend them besides out of some misguided, irrational hatred of me?

    The rich do not work at all, let alone hard. The rich are not smarter than me. Smart is not the same as devious or calculating.

    As Sen. Sanders and many of us have been saying for years, the rich refuse to pay their fair share of taxes, outsource jobs out of this country, put us out of our homes, have essentially bought and subverted the political and electoral process with the help of the SCOTUS and are singlehandedly responsible for dragging down not only our economy but also that of the rest of the world. I have done none of that.

    You want a microcosm of what the rich are willing to do for you, asshole? Look at Iceland. When Iceland's government made the colossal mistake of deregulating their banks, three previously small banks dragged Iceland's economy through the mud. Unemployment suddenly skyrocketed, entire towns and cities were turned into wastelands, the nation was immediately in debt and banking executives were handing themselves and each other lavish bonuses.

    And all this happened within a few months of deregulation. Because rich people always want more and it doesn't matter how many people they fuck over in the process.

    But obviously, this isn't about our nation or our planet. Your defense of the wealthy, a class who would gladly throw you out of your home and cost you your job just to put an extra nickle in their bottomless pockets, is really a referendum on how much you personally hate me.

    Tell you what, dick head, let's try an experiment. Come over to my house here in Hudson and say you want to talk to me man to man, then try the same thing at the corporate HQ of any major corporation. The difference is I'll talk to you whereas the corporations will rebuff you, tell you to get lost, will surround you with security goons then call the cops on you.

    That's how much the rich will appreciate you taking their side for the sole purpose of taking pot shots at me, you stupid wannabe Tea Bagger.

     

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