i-rant
Moving through time and overthinking every minute of it.Change is good, it is growth, it is the opposite of death
Posted on June 21, 2009I’m so torn in commenting on the energy for change in Iran. This article got me there finally.
Gauging Obama in Iran – NYTimes.com
This isn’t George’s or Obama’s country, it’s ours:
"On one side, a handful of supporters of President Bush said Iranian protesters had taken to the streets because they were emboldened by President Bush’s pro-democracy stance, and the example of Shiite democracy he set up in Iraq. On the other side, some of President Obama’s backers countered that the mere election of Barack Obama in the United States had galvanized reformers in Iran to demand change."
This is what makes America great – while I don’t agree with many of the approaches and policies of our current administration I accept his election and love my constitution and country. For no other country can have such debate, transformation and consideration for freedom. The fringe in our country is simply the fringe – while it rules in other countries as there is no mechanism for changing leadership so. Look at what we have done. This is why the world loves Americans, and what our constitution represents.
Obama on Banking, the Economy and Fixing vs. Controlling
Posted on February 25, 2009Today’s rant – spurred on by a friend’s insightful rant on an email list I maintain. Jack made some very poignant comments about the economic state we are in and I wrote the following response – edited for clarity in this forum.
HENRYs – the “Rich?”
Posted on October 31, 2008
If he gets elected, please make him read this article….This is the best story covering why HENRY’s aren’t rich and why they are critical to the success of America. I am not a HENRY every year, but when I’m doing my job as a salesman "making my numbers" I am, and I certainly don’t feel "rich" even on those good years. And those are the years I’m providing the sales for my company to employ our accountants, programmers, trainers, support people, etc. If I don’t sell, they get laid off.
From the Article:
"Now that the government needs more revenue for bailouts and stimulus packages, is it fair or efficient to burden the HENRYs with even bigger tax bills? The case in their favor: As the HENRYs go, so goes the struggling economy. Their stats tell the story. For the 2006 tax year, 3.1 million HENRYs accounted for about 10% of all U.S. personal income taxes. That’s almost as much as the 12 million families and individuals who earned between $100,000 and $200,000 (The Tax Policy Center estimates that HENRYs now number five million and will pay 24% of federal income taxes in 2008) How HENRY’s feel about tomorrow is crucial for the sales of new cars, PCs, and toys. According to estimates by the American Affluence Research Center, the HENRYs control as much as 15% of the $9 trillion in U.S. consumer spending."
Some Statistics from the article: 66% of all tax payers are in the low to no income bracket (<50K income) paying just 8% of all taxes; 22% are in the next slot up (50-100k income) paying 18% of all taxes, the next 9% making 100-200K pay 20% of all taxes and the next 2.3% making 200K-500K pay 17% of all taxes. everyone above 500K is already paying the remaining 37% of taxes. Its different when you look at that. These HENRY’s are only 2.3% of the population yet they pay 17% of all taxes!
"The big tax bite and what they consider investments in their kids chew up most of the HENRYs’ incomes, leaving little for ether extravagant living or, in many cases, saving for an affluent retirement. Indeed, the HENRYs consider themselves "well off" and "successful" but nowhere near rich…."Tony Molino, 50, an attorney in Rancho Palos Verdes, Calif., speaks for legions of HENRYs: "I’ve worked 50 to 60 hours my entire life, and I don’t have a lot left over at the end of the month. I’m comfortable, but when Joe Biden talks about sucking it up, getting patriotic, and paying more taxes, I get livid."
"The HENRY’s hold down their housing costs so that they can lavish money on what they consider the ultimate staple, their kids’ education….Tom Hume, 39, a real estate broker from Tacoma who made $275,000 last year, pays so much to put three kids through private school that he’s looking at an extremely modest retirement. At the end of each year Hume tries to put $10,000 into his 401(k), but some years he can’t even save that much. "No one is going to feel sorry for me," says Hume, "but as we get closer to retirement, we see that the amount we can save just won’t make it. There’s no extra money in our lives."
"Small Businesses created two thirds of the 6.4 million new private-sector jobs the U.S. economy added between 2003 and 2007"
What happens when you raise taxes on these small business owners and professionals? Are they going to be happy making less money? They can’t – there is nothing left. They are going to work more and fire the office clerk, the extra hygienist, or the receptionist. Am I going to stop paying for private school, stop contributing to my 401(k) or make my daughter stop ballet lessons? Hell No. Or will I sell my boat, stop eating at fancy restaurants and give up my country club membership – I can’t because I don’t have or do any of those things; its not on the list! So I won’t buy that new dishwasher, I’ll fix it; I won’t pay someone to cut my grass, I’ll cut it and I won’t buy a new car, I’ll buy a used one and drive it as long as I can. How can raising taxes possibly help this economy?
I’m not asking you to vote for McCain – just tell Obama that he doesn’t want to be Herbert Hoover. I’m not asking him to cut taxes on the 0.13% of the population making more then $1.5 million. But leave the heart of our free market alone. This is not the time to suck more money out of the economy this is the time to reward success and let the people who drive it continue to do so.
Politics – sparring on VP’s again, isn’t this about the President?
Posted on August 31, 2008My bile is up – I have to post this here as I have in other people’s face-book (my mom and sister, oye)!
Vice in GoGo Boots was the article I commented on: That was a really stupid editorial. The Times continues to go down-hill. If you can’t look for good here you don’t get it. I’m disappointed you couldn’t find a better bit of writing to do your satire. How fun it is to degrade a woman for being a woman. How odd it is to compare a potential VP to a First Lady. How stupid it is to focus on shopping and a breast-pump then execution on the job. It may be satire but its just like the satire about Obama’s race – stupid and it lingers.
I know my mom and sis think this is an insult to women – that the republicans just picked her for the woman vote. The conspiracy theory people all think the religious right is forcing him to do things. Who the hell knows, its all crap anyway. Mom makes a point that Liz Dole would have been better, that Palin should focus on Alaska and her family. Okay, good point - I agree Alaska needs her. Sis believes Hillary is a brilliant, educated, dedicated, person who best represented her views. I guess I wouldn’t have voted for Clinton because she is nothing like me, I’m not brilliant, barely educated and she doesn’t represent my views. Neither does Obama. I’m not thrilled with McCain and I don’t know enough about Palin and Biden is not my kind of politician. What the hell am I going to to. I’ll tell you this…
I give up – you both win. I will only vote for ugly women who don’t love their children from now on. Never mind the the many women I come in to contact every day who’s husbands take care of their children while they help change the world. Case in point – I work with 5 women, 3 have children, they are loving mothers who’s husbands keep house or work as well, and they are better salespeople then me. Imagine that.
New York Times: Governor Palin "Took Intense Criticism From Members Of Her Own Party For Turning The Spotlight On The Failures Of Alaska Republicans." "But Ms. Palin ran as a change agent when she was elected as governor of Alaska in 2006, and in a move that might have appealed to Mr. McCain, she took intense criticism from members of her own party for turning the spotlight on the failures of Alaska Republicans, some of whom had been beset by corruption scandals." (Michael Cooper And Mitchell L. Blumenthal, "McCain Chooses Palin As Running Mate," The New York Times, 8/29/08)





















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