Wednesday, August 20, 2008

Supreme Court Problems

Rick Warren asked the two candidates which Supreme Court justices they would like to get rid of. Obama said he would get rid of Clarence Thomas, my choice exactly. The problem with Thomas is not his political philosophy, although I disagree with it. The problem is that he is a second rate lawyer. He's not smart enough, hard working enough, or something enough to be on the Supreme Court. The justices should at least come from the first rank of lawyers and judges. Clarence Thomas would be okay on a state appeals court or something, but not on the US Supreme Court. He's just not up to the job.

Thomas is an example of the fact that Republicans like stupid people in government. Exhibit 1 - George W. Bush. Exhibit 2 - John Bolton. Exhibit 3 - Ronald Reagan. Reagan? I think he was somewhat senile for the latter part of his time in office. He thought things were true that weren't, e.g., Cadillac driving welfare moms. It might have been true, but it wasn't. He couldn't name names. Republicans don't like law. They don't like treaties because treaties assume that nations have some respect for international law, and Republicans don't. They don't like to pay taxes. They don't like anything that hinders their options. This is not new. It's basically how the warlords in Afghanistan operate and how despots have operated for years. The West moved beyond this, but now we're going back to the Middle Ages, led by George W. Bush and Clarence Thomas.

When McCain was asked which justices he would get rid of, he just named all the liberal justices. He showed no real thought, and that's what Republicans like. They like McCain better in 2008 than in 2000 because he's more senile. He won't stand in the way of their unbounded greed and selfishness.

Did McCain Encourage War to Advance His Campaign

John McCain's main foreign policy adviser, Randy Scheuneman, was (and maybe is) a paid lobbyist for the nation of Georgia. Did McCain get paid for promoting Georgia? Did he get special access to the President Saakashvili because of the lobbyists on his campaign staff? During one of the many visits and phone calls that he has touted on the campaign trail, did he encourage Saakashvili to invade South Ossetia, resulting in many deaths, as described in today's NYT by Mikail Gorbachev.

McCain probably didn't do anything unethical regarding Georgia to promote his campaign, but having a lobbyist for Georgia on his staff certainly raises ethical questions. It certainly gave him better access to Saakashvili than Obama had, if only because of Scheuneman's rolodex.

The Rich Are Different From You and Me

F. Scott Fitzgerald's famous line, "The rich are different from you and me," was met by Hemingway's rejoinder, "Yes, they have more money." Today, the rejoinder could be changed to say, "Yes, they don't pay taxes."

Included in an LA Times article on Rodeo Drive, is the following:
An Internal Revenue Service report obtained by the Wall Street Journal in March showed that the 400 richest Americans -- those with incomes of at least $100 million -- controlled 1.15% of the nation's wealth as of 2005, or twice the amount of a decade earlier.

Thanks to President Bush's tax cuts, though, the average income tax rate for the mega-wealthy fell to 18% from nearly 30% over the same period.
The Wall Street Journal often complains that the rich pay too much in taxes, that a small number of taxpayers pay a high percentage of the total taxes collected. However, the reason is that those taxpayers receive a high percentage of all the income received in America, and for the amount of income they receive, their taxes are relatively low. Although the dates don't exactly match up, one study says that in 2005 the top 1% of taxpayers received 21.8% of all income. A Treasury press release says that in 2002 the top 1% paid 33.7% of all taxes. This doesn't seem disproportionately high.

Much of their income is taxed at a low rate, such as the taxes on dividends and other "investments." One argument for low taxes on dividends is that the company paying the dividend has already paid taxes on its income. But an article in the NYT recently said that two-thirds of businesses do not pay income tax.

Wednesday, August 13, 2008

Russia 1, US 0

Surprisingly (given its conservative bias), the Wall Street Journal says that Russia "gave the U.S. a bloody nose" in the Georgia dust up. But if Bush got a bloody nose, then John McCain got a broken nose and lost a few teeth as the most conspicuous friend and promoter of Georgia, as I noted previously.

Of course, Condi Rice didn't come out too well either. The NYT reports that in a recent visit to Georgia, Condi's public stance was one of "defiant support for Georgia in the face of Russian pressure," while she claims that privately she warned Saakashvili "not to get into a military conflict with Russia that Georgia could not win." Maybe Condi should not have been so shy about publicly warning Georgia not to get into a fight with Russia.