Friday, October 28, 2011

Cruising the Web

Now it's Jerry Brown who is going to try and take on public employee unions by having workers contribute more to their pensions and put new employees into 401(k)-style plans. We'll see if the unions that put him into office will support these reforms. uses a phony "Free Money" petition to collect email addresses so that they can inundate unsuspecting readers with their pleas for action.

This has to be the oddest political ads I've seen in a long time. Forget the smoking man ad, what does it mean if a man carries yellow flowers? Is Herman Cain just trying to generate a bit of buzz and get some free airing of his web ads on news programs? Or is there some deep message that he's trying to get across? And does that long, slow smile at the end of the ad strike anyone else as a bit weird?

If you're having trouble understanding the crisis in the Euro, perhaps using Lego people will help you out.

Here are the 10 people you need to suck up to if you want to win the GOP nomination.

Daniel Foster points out that, according to the CBO's report on income inequality, more government money is going to the wealthiest.
That’s right, according to that same CBO study, the share of government transfer payments going to the poorest 20 percent of Americans has declined from 50 percent to 35 percent. And the share of those payments going to the wealthiest 80 percent has risen from 50 to 65 percent. In other words, the entitlement state is ever less about keeping the poor out of destitution, and ever more about subsidizing the health care and retirement benefits of the likes of Warren Buffett. Liberals are likely to use the CBO report to buttress the case for taxing “the rich” more. But they ought to think instead about subsidizing them less.

Get ready for the next financial crisis as states face increasing Medicaid costs without the cushion of federal stimulus help.

Kimberley Strassel looks atC how the Obama administration and Congressional Democrats are pressuring the acting director of the Federal Housing Finance Agency to let Fannie and Freddie forgive debts from homeowners who are having trouble paying their mortgage. It's just more of their policy to use real taxpayer money to bail out anyone who is in over his or her head. Can't pay a debt you've incurred - Democrats will get the government to take on the debt for you.

John Hawkins highlights the 10 funniest Occupy Wall Street parodies. The line "I am the 99%" is becoming a joke. Yesterday in my AP European History class, the students were working in groups to write speeches for various groups of the Third Estate outlining their complaints against the ancien regime. Two of the groups independently all on their own decided to use the "I am the 96.5%" to highlight how the Third Estate paid all the taxes yet owned so little of the land. The contrast between the complaints of peasants in 1789 compared to the OWS people today struck my students as just hilarious. Hey, when high schoolers are making jokes about you, you've definitely jumped the shark.


ic said...

"...the likes of Warren Buffett. ...But they ought to think instead about subsidizing them less."

Don't be silly. Who is the biggest beneficiary of TARP and Stimulus. The unemployed Occupiers? Buffett's Goldman Sachs, Citi, BoA, his insurance corps, and his railroads,...

He doesn't mind paying more taxes, he minds much less for the huge payoffs paid for by other "rich" people's taxes. Another example, "philanthropist" Kaiser gave the One a bundle of $50,000 (generous, no?) and gets $535 million of the taxes that the $200,000 earner-millionaires are to cough up.

Susidies are for the politically connected, huge corporations who could afford high paid lobbyists and huge political contributions, knowing that they'll get back much more; taxes are paid by the unconnected, the small businesses who are busy making a living.

In other words, to reduce subsidies is to shrink the teats they are sucking, to raise taxes is to fatten the sow to feed their insatiable appetite.

The road less traveled said...

I think the Herman Cain ad is both funny and clever. His smile at the end is him just checking to see if you got the joke.

People always remember the funny ads - it's human nature. Cain is running this campaign on a shoestring, so he needs humor to help with name recognition, and it is working. Nobody is talking about ads from Santorum, Bachmann, Huntsman, Romney, etc, but they ARE talking about Herman Cain - marketing wizard!