Wednesday, June 18, 2008

The Rich Don't Pay Taxes

The Bush tax cuts greatly reduced the taxes that the rich have to pay, but apparently not enough. Phil Anschutz is in trouble with IRS for some tax scheme that avoids his recognizing a taxable gain (and then having to pay taxes on it) for years and years, according to a number of papers, including the Rocky Mountain News.

The rich who balk at paying taxes are mostly Republicans. Rich Democrats, like Warren Buffett, tend to say the rich should pay more taxes. Thus, it's the Republicans who object to paying for government, including things like the wars in Iraq and Afghanistan and the soldiers fighting them. No armor for troops if it means you have to share your private jet!

People will argue we have to reduce American taxes because we are competing for business headquarters with other countries, like the Cayman Islands, who have lower taxes. It's a race to the bottom. I say, let them go. If Anschutz wants to move to the Canary Islands, good riddance to him and his filthy money. He can go join (Clinton Democrat) Marc Rich in Switzerland, but don't let him come back here to stay at some luxury vacation home or spa. He's scum, a traitor. We don't need people like him. It will be a tough adjustment for America to lose wealthy freeloaders like Anschutz, but while we're having a recession, let's bite the bullet and take on a little more misery to clean up the country.

I have been down on the New York Wall Street types for living large off of America without paying their fair share, and now it turns out that one of the worst offenders is right here in Colorado.

Friday, June 13, 2008

Hooray for the Supreme Court Decision on Guantanamo

Just a note to mention how great it is that the Supreme Court recognized the Constitutional right of habeas corpus for detainees in Guantanamo. If the US is to remain a great country, it must maintain a respectable legal system. I believe that the restraints on habeas corpus and the idea of having some kind of kangaroo courts in Cuba, rather than real civil trials in the US were due to cowardice on the part of the administration. Sure, trials will test the US, perhaps slightly increase the risk of further terrorist attacks, but that's what freedom is all about. Draft-dodgers Bush and Cheney were so frightened by 9/11 that they lost all respect for law, if they had any earlier. Thank goodness for the courage of a slight majority on the Supreme Court!

Wall Street v. Europe

Interesting that with all the talk on Wall Street about the benefits of globalization (for Wall Street, not for jobs on Main Street), one of the reasons that the stock market is supposed to be up today is because Ireland rejected the new EU constitution, which will throw the EU into a stew. So, Wall Street's attitude on this seems to be, "Europe's loss is our gain." I think that is ironically a shortsighted view. Wall Street should welcome a stronger, more unified Europe, but on the other hand should be more concerned about outsourcing American jobs to overseas firms.

Friday, June 06, 2008

Speaking Out on Guantanamo

Most of the news outlets covered the beginning of the trials (or whatever they are) of accused terrorists at Guantanamo. I think they are kangaroo courts. This administration does not like the legal system; it wants to appoint non-activist judges who will allow the administration to do anything it wants, like hold Communist-era show trials without legal protections like habeas corpus that have been part of the Anglo-American legal system for hundreds of years. For all the money that the administration has spent in Guantanamo to build jail cells, courtrooms, develop special judicial-style proceedings with military lawyers, etc., it could easily have held the trials in normal American courts for less money. Of course, the administration would not do that because it wants a guaranteed guilty verdict, no matter what, and in a real trial there is no guarantee of a guilty verdict.

I thought one of the most moving statements was by Navy Commander Suzanne Lachelier on the PBS Newshour. She said:

I think the American people, if they watched, and if they knew what was going on, if they understood the ramifications in the long term to our Constitution, to their Constitution, I think they would be ashamed.

I wear the uniform with pride. I am proud to be a member of the U.S. Navy, but I don't think these proceedings make for a proud day for any member of the service.
I hope that decent government officials, like Sen. Lindsey Graham and Def. Sec. Robert Gates, will protect her from retribution by evil people in the administration, like V.P. Dick Cheney and President Bush.