Thursday, January 31, 2019

Links for 1/31/19

https://www.ncronline.org/news/opinion/distinctly-catholic/links-13119
Fox does not like people proving them wrong. What will their viewers think? Unless there has been a decision to tell the truth, it is that we won't see Trumka on again. Maybe they thought there as a P in front of the K?

There are some who refuse to ignore our Lord's command to not swear on his name, although I doubt that this was the motivation of the Chair. It is not important, especially for the election. It might even gain votes.

As for Brisbee, don't give Trump any ideas.

The rest comes from comments I have already tweeted.

It is time to arrest Trump. He has to be a foreign agent to go after his own spymasters, unless this is all an act. Maybe Herman Cain was regailling him with stories of his campaign and Trump responded "Hold my beer." Can anyone really be that stupid? Enquiring minds want to know. Many of us can distinguish between entertainment and reality, but Enquirer and Fox viewers, especially Trump, have not gotten the joke. Sadly, some in the Border Patrol have not either.

As everyone says, when Trump is convinced of something, it is impossible to change his mind. This is also true of Puerto Rico, which I am sure he thinks is a foreign country. Give it Statehood and he will notice six additional electoral votes against him.

I answered Krugman's tweet. It shows he, like MSW, seems to be carrying Warren's water. Be that as it may, I did comment there. I said that there are two sides. One is that we need to shift to consumption taxes exempt for the upper-middle and upper classes and dedicate this funding to war (nuclear, sea and overseas, which are often debt funded), net interest on the debt (because to get out of a hole, stop digging) and debt reduction, starting with the Social Security Trust fund.

This will lay bare the fact that only tax increases will get us out of the debt long term and that owing debt is only possible because of the income tax. We do not have a head tax, so debt liability is a function of taxes paid,. The current ratio is that one dollar of income tax translates into thirteen dollars of debt. This will make it apparent that they can pay off the debt now or let their children do it (and not mine).

The other option is to do a wealth tax and pay the debt off very fast, taking all wealth over 13 times the income tax levy, with a floor on this tax. Allow debt held and cancelled to be considered a tax payment, giving refunds to those whose bond equity is more than their obligation. Sady, most of the wealthy could simply write a check.

Howard Who? Of course, if this goes around, he might use it as a slogan.














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