A Frayed Knot?

From a local email politics “discussion” group that’s been locked in a DFL-upsucking stranglehold for a decade or so, writing about the “stimulus”:

Here we have a potential doubling of the national debt over a span of months to years and here is as much transparency as the run up to the Wars in both Vietnam and Iraq.  There is as much transparency as Medicare Part D.

That is a truly pathetic level of disclosure in a democracy and the direct product of partisans.

That’s a liberal writing.

One guy with enough brains to read past the hagiographic hype isn’t a trend, of course.

But it’s a sign that we fiscal conservatives aren’t the only voices in the wilderness.

28 thoughts on “A Frayed Knot?

  1. Looks like Daschle is out. F*cker didn’t even pay the medicare taxes that fund the department Obammy tapped him to lead. Lots of screw ups on Dear Leader’s part for two weeks into his rule, no sign he’s touched bottom yet.
    Obama is a small time pol promoted far beyond his abilities. The retreat to foreign policy will come quite soon. He’s already resorted to the profoundly undemocratic ‘executive order’ just to say that he has accomplished something.

  2. Zero’s nominee for CPO (what the flying leap is a CPO anyway) also just withdrew – yes, you guessed it, for tax reasons. I wonder if there are any ‘Tics left in DC who do pay taxes? Looks like they are all an unpatriotic bunch of sleezebags – according to Biden, no less.

  3. I think Obama should come to South Minneapolis — there are plenty of people who are happy to pay taxes. They even have signs out in front of their houses that say so. Just ask them!

  4. D, saying you want to pay taxes and actually paying them are two very different things. Just ask Daschle.

  5. When a Republican is in the White House, the Democrats alternate between condemning him for spending too much, then attacking him for not spending enough.

    Now that the other party is in 100% control, it will be interesting to see how they react.

  6. True, nerdbert, but do we dare question the veracity of the good citizens of South Minneapolis?

    Publicly, loudly and often. If they react with with indignation, just tell them you’ve sent their information to the IRS with questions on whether they paid all the tax they should and see what their reaction is. If they really were happy to pay more they won’t object to an audit!

    Of course, after Obama’s nominees with tax issues, as well as Rangel, Frank, and others I think we ought to push for an audit of all of Congress as a good faith effort to revive faith in the tax system.

  7. I find it amusing that the bailout is characterized as a liberal issue, conveniently ignoring that it was the Bush administration so loved by conservatives that promoted the whole thing in the first place.

    And ran it badly, apparently. No suprprise.

    I think there is wide spread, broad spectrum objections to the bailout proposal. It is not unique to liberals OR conservatives, however much either side tries to characterize it. Dems who ignore main street may find themselves out on their collective rear ends when elections finally take place.

    And while we are on the topic of money being wasted…. how about those hearing on Iraq that started yesterday? The ones that are detailing the enormous mismanagement, fraud and waste in amounts that easily rival, possibly surpass, the bailout dollars?

  8. Nerdbert – that is a brilliant idea, to have all of the senate and the house undergo an audit. Do you think conservatives might persuade the republicans to start such a process? A voluntary audit by the IRS, with the results made public.

    I’m thinking there is NO ONE on either side of the party aisle who would willingly do that.

    But we could hope.

  9. DogGone,
    You do know that plenty of conservatives had issues with GW over conservative issues, don’t you?

    It is a small point for me to bring it up, but you know… worth mentioning.

  10. I have heard that occasionally, that conservatives have had issues with GW, but I’ve heard a lot more often the unquestioning support of anything he has done.

    It’s always good to hear it again, Badda, thanks. And it rather makes the point I think that there are quite possibly people all over the spectrum of idealogy that acutally agree with each other more than they might expect.

    As a former republican, now independent, I’m dissatisfied with nearly everybody at the moment.

  11. ignoring that it was the Bush administration so loved by conservatives that promoted the whole thing in the first place.
    Dog Gone, If the Bush administration was ‘so loved by conservatives’ it certainly wasn’t for his fiscal policy. This is absolutely not a case of “when our guy does it, it is good, when your guy does it, it is bad”.

  12. Glad to see your position that this is not a case of “when our guy does it it is good: Terry.

    A little context update, apparently Wells Fargo is still planning an extremely expensive executive compensation related junket to Las Vegas… despite having taken buckets of bailout money.

    Sigh….

    I’d sure love to see some accountability, maybe something along the lines of the Ferdinand Pecora hearings back in the last major financial debacle of the 1930s.

  13. DogGone, you’ve obviously not paid attention to Mitch’s gripes about the financial policies of the GOP Congress (spending like drunken Democrats) or W.

    Besides, you’ve seen W’s popularity ratings? It wasn’t liberals or centrists he lost, it was the bulk of conservatives for his immigration and fiscal policies.

  14. I find it amusing that the bailout is characterized as a liberal issue

    A bit nuanced, here. Gallup says 75% of ‘muricans say “do something” but a plurality say not the crap sandwich Pelosi, O and company are shoving down our throats.

    As written Gallup says 59% of Dems support the plan, 37% of Independents, 13% GOP; a plurality say make major changes to this. They also say 53% of us say that this plan will make the situation worse.

    The Generational Theft Act is your crap sandwich, NOT the GOP’s.

  15. nerdbert – “The Generational Theft Act is your crap sandwich, not the GOPs”?

    Not my crap sandwich nerdbert. I stopped voting republican when the GOP ran Bush, twice. I grew up with a very conservative father who was an investment banker, VP in one of the larger regional brokerage firms, and the founder of a community bank. You have no idea the depth or breadth of the reasons I object to W, or for that matter to some of the legislation during the Clinton administration that gutted regulation in favor of greed either. I’d bet that I heard more, from an early age, on blue sky laws, the Pecora commission, and the various investment market regulation acts from 1933 onwards than most of the commenters here.

    The dems AND the GOP are guilty for our current situation. And it IS bad, very bad; I expect it to get worse, much worse.

  16. Dog Gone said:

    “unquestioning support of anything he has done”

    That’s an interesting spin. My perception was more “objecting to the irrational opposition to anything he tried to do”. Not that all he tried was good, but that point gets lost in a “Bush = Ultimate Evil(TM)” vs. “Are you totally high?” battle. *shrug*

  17. Bush used the bailout as his last impudent finger to the conservatives that he so handily pwn3d. I know hindsight and all that, but how could we have so completely shunned Bush 39 and still believed that Bush 41 would be different?

    But let no one forget that this is now a 100% Democrat joint. Republicans will vote for this bag o’ FAIL at their extreme risk unless it is re-tooled into something that is so obviously, so completely focused on business reconstruction that even a fool of Peevee’s assnozzle accomplishments could see it.

  18. grew up with a very conservative father who was an investment banker, VP in one of the larger regional brokerage firms, and the founder of a community bank.
    Biography is not argument.
    gutted regulation in favor of greed
    Now there’s an argument, sort of. You can tell by the emotion-laden word ‘greed’. What does ‘greed’ mean to you, Dog Gone? Some one wants more than you think they deserve? Exactly what legislation are you talking about?

  19. “unquestioning support”

    Whoa up there ‘lil Doggie, you quickly confused conservatives with Republicans; I am surprised that you weren’t aware that there is a big difference.
    I gave Dubya an A+ on SCOTUS appointments and a D- on spending… especially when it comes to Welfare Plan D, growing the Dept of Special Education… don’t even get me started on the politicians’ plans for burning food…

  20. Now you’ve done it, Dog Gone. You’ve outed yourself as a prudent centrist and now the bloodthirsty bellicose twats are circling you and sharpening their knives. Except that these are incompetent fart-sack wingnuts and they all accidentally brought Sharpies and drinking straws instead.

  21. Actually, I know Dog Gone. Pretty sharp cookie.

    On the other hand while I’ve not met TiSP, I suspect a sharpie would be smarter and have a better personality.

  22. Shiftee wondered: “I know hindsight and all that, but how could we have so completely shunned Bush 39 and still believed that Bush 41 would be different?”

    Cause you’re a bunch of unthinking extremist morons, Shiftee. Glad to be of help.

  23. angryclown said:

    “you’re a bunch of unthinking extremist morons”

    and supposedly also the ones “full of hate”. *snicker*

  24. Terry, while you are correct that biography is not argument, I feel pretty comfortable in asserting that I was exposed to more of the details of regulation in my past. Every time my dear parent had to renew his licensing and certification exams, I got the lucky job of reviewing that stuff with him.

    I am defining greed as the removal of essential safe guards for profit. Like allowing commercial banks that previously did straight banking to merge with investment banking that operated in the investment arena. I refer to pressures, largely supported more by republicans than democrats, such as the earlier Glass Steagal Act replace by the 1999 Gramm-Leach-Bliley Act.

    I’ll forbear getting into a discussion of the SEC and FINRA, etal. While some of my closest friends are employed in the compliance divisions of various financial institutions, including insurance and investment institutions, and my own background is in insurance, so we discuss these issues regularly, most of the topics relating to actual regulation are pretty dry and would put most folks to sleep deeply enough to remove appendixes. Or as has been the case recently with Wall Street – their wallets?

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