Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Thursday, April 8, 2010

What’s Happening to the Republican Party?

I just went through the archives of my own political blog (http://thepoliticaledly.blogspot.com) and discovered that one blog entry I have been meaning to write for about 18 months now has never been posted. I’m now seeing what I had intended to write may have entered its end game.


Here’s a summary of my idea: I have no idea why the Republican Party has not split into several smaller parties. It’s made up of several conservative elements that, at best, have little in common: 1. There are the Fiscal/Small-Government/Anti-Tax Conservatives, who worry about the size of the government and the way it spends money. 2. There are the Anti-Abortion/Christian-Right Conservatives who worry about the morals of the country. 3. And there are the Big Business Conservatives who worry about government regulation stopping Wall St. from gambling with your money. The interesting thing to me has been that these three groups do not really have overlapping interests, and when the Republicans get into power they tend to ignore the interests of the first two kinds of Conservatives completely, even though they may voice agreement with them strenuously during campaigns. In fact, often the interests of the third kind of conservative are at total cross-purposes of the first kind (think of how Fiscal Conservatives and Big Business Conservatives each see bailouts and you will know what I am talking about.) I’ve been wondering when the first two groups would realize that the Republicans really don’t care about them at all, and are in fact simply using their votes at the ballot box to push the interests of the third group.


Well, I may be rather late with that idea. From one piece of news I saw this week, and some political signs I spotted yesterday on my way to drop my kids off at my mother’s for a few days, it seems to me that the Republican Party may in fact be in the process of splitting up.


Here’s the main news item that made me start to wonder about this:

…In recent weeks, a number of party officials — including Karl Rove, the former adviser to former President George W. Bush, and Ed Gillespie, a former chairman of the party — have set up an independent committee to help Republican candidates this fall. Top Republicans said they have advised donors to send checks not to the Republican National Committee but to the committees financing Senate and House candidates.

-Adam Nagourney, “G.O.P. Squirms as Spotlight Focuses On Its Leader,” April 6th, 2010 The New York Times

When it becomes necessary for people to start donating to someone other than the leading committee of the party in order to get money to the candidates for political office representing that party, then you know there is trouble. And this article is dripping with it.


However, there were the political signs I saw on my way to my mom’s house yesterday that helped cement my feeling that the Republican Party is in its end-game before something big happens. I have to drive through part of the Central Valley of California to go from my Silicon Valley home up to my mom’s place up in the Sierra Mountain Range. I kept seeing these signs for former 11th District Representative Richard Pombo for Congress (19th District), and after I saw my second or third one I figured out why I kept looking at them. I expected them to say “Richard Pombo, Republican for Congress.” They didn’t. They state “Richard Pombo, Conservative for Congress.” (Emphasis added.) I decided to check his website today (http://www.pomboforcongress.com/home.html) to see if maybe I got it wrong, but nope, there it is—Conservative for Congress. You can’t tell from his website, but as far as I can tell from the Wikipedia entry on him, it looks like he’s running for the Republican Primary, but he’s just too embarrassed to admit it.


So here’s how I see it: The Chairman of the RNC has been embarrassing the party pretty bad lately through his comments and actions (think “Bondage Club”), and pulling “The Race Card” whenever he gets called on it. The “Tea Partiers” and the “Birthers” are pulling the party in directions it doesn’t really want to go, namely into the Financial/Small-Government and Loopy-Racist directions instead of the comfortable and very well-financed Big Business zone. The big question now is if there is a Republican candidate that can ride in on a white horse and appear to be the binding force for the party, or whether it will simply continue to break up into its constituent parts.


And that’s a big “if” no matter how you look at it.

Wednesday, October 1, 2008

Barack Obama's Same Path Ad

Folks-
I'm not certain if I have mentioned that I am a supporter of Barack Obama. In case that isn't obvious, I am.

I do not believe that he is perfect. I'm not sure we share the same sense of urgency about the environment and alternative power, but I am very certain that McCain't and I are on different plains of existence about these subjects. Mr. Obama believes that something should be done, while McCain't thinks we don't have to change at all, except maybe by making it easier to pollute.

When it comes to the economy, Mr. Obama and I seem to be in greater agreement. I would like to see more details in his plan, like what he intends to do about the mortgage mess. Where McCain't is concerned, I would like to see him stay the heck away from the mortgage mess, since he obviously has no idea just what the heck he should be doing. Throwing money at rich people will only make them richer, not improve the economy. "Trickle-down economics," what used to be called "Reaganomics," has been an utter failure. That's what is responsible for our economic woes right now.

I'm not sure if Mr. Obama would agree with me about what to do to increase investment by rich people in America. Personally, I would tax those making 7 figures or more at a much higher rate, perhaps as high as 70%. No joke. That's still not the highest rate we have ever had. In the '60's the highest rate was 90%, and the net effect was that people who made the most money did what they could to stay under that tax rate. Think about that for a second. Imagine these CEOs suddenly trying desperately to avoid making tens-of-millions of dollars. Where do you think the money would go? Back in the '60's it went back into the business. Imagine just how solid American businesses would be if suddenly each one of these major companies had another $50-100 Million available per year, just from executives not taking such large salaries. Is it possible that this one change would fix our economy? Probably not, but it wouldn't hurt.

I'm certain that Mr. Obama agrees with me that education is the best buffer against a bad economy. McCain't clearly disagrees with us. Just this year, McCain't voted against a bill that would give Iraq War Veterans full tuition at any college or university in the U.S. because he thought it would lead to fewer soldiers re-enlisting. He didn't account for the fact that it could lead to more people enlisting in the first place. Right now, that's the problem our military is facing.

In any case, Mr. Obama has released a new short video on his economic plan. I'm including the link to that video here. Please take the time to watch it, and then read the comparison of his economic plan to that of McCain't's at http://www.barackobama.com/issues/economy/sidebyside.php.

-Edly