Outsourcing my "morning reads" post to my friend Juan Matute whose news distribution email blast is very useful resource to stay up to date.
If you want to get added to his news distribution email list shoot me a line at Jim.Nichols@gmail.com and I'll get him your contact info..
1. The LA Times editorial is for Rick Perry's perusal, that is unless the swaggering Texan has closed his mind out of cranial austerity budgeting to accommodate limited resources:http://www.latimes.com/news/opinion/opinionla/la-ed-socialsecurity-20110919,0,4611857.story 2. Reaganomics and its effect on us now:
http://www.smirkingchimp.com/print/38527/3. The Rich, Tax Cuts, Corporations, and Job Creation. By the way, John Boehner keeps referring to the wealthy, scions, and captains of industry as the "job creators". Should this term "job creation" also include the people who desperately need money (the unemployed and poor)? If they had the money in their hands, somebody out there would immediately want to sell them what they have the money to buy. Right now, corporations are sitting on a boatload of cash, but they are not doing any job creation. Do you suppose that if they had more loopholes or tax breaks that this would inspire them to create jobs - no, no, no. Not until someone is out there with the money to buy will there be any inspiration of manufacture to sell. So, really who is creating the job? The guy with all the money now, and not doing anything, or the guy out there who has postponed buying or can't buy because he has no money? The chicken or the egg?:
http://www.smirkingchimp.com/node/385234. A while back, the federal government took charge of General Motors to save it. Has anyone checked in on them lately, GM is doing quite well; making better vehicles, and employing thousands. Ownership is back in private hands now. Cries of "Socialism" and a bunch of nasty slogans were heaped on the Obama administration for what it did. Do we hear any of that now? No. Not a peep:
http://www.washingtonpost.com/opinions/gm-is-back-thanks-to-uncle-sam/2011/09/21/gIQACpT4lK_print.html 5. Elizabeth Warren is out campaigning for a Senate seat in Massachusetts. This woman scares the pants off of the Wall Street financiers because of the way she makes common sense in explaining their rip off schemes. Now she is taking her clear and populist message to the voters, and her opponents will be flummoxed in figuring how to counter her. Yes, Flummoxed, I say!!:
http://www.washingtonpost.com/blogs/plum-line/post/class-warfare-elizabeth-warren-style/2011/03/03/gIQAeB2WlK_blog.html 6. Let's see where this issue in Virginia, and a few other states, related to states enacting legislation that does not require them to obey a federal mandate goes. It happened before and it ended in a bloody conflict called the Civil War:
http://opinionator.blogs.nytimes.com/2011/09/21/breaking-news-the-civil-war-is-over/?pagemode=print
7. This NY Times editorial cuts to the chase and succinctly lays out the high and main points of Obama's American Jobs Act:
http://www.nytimes.com/2011/09/22/opinion/taxes-the-deficit-and-the-economy.html?ref=opinion&pagewanted=print 8. California state taxes, as this writer applies the Warren Buffett rule, is not the same. However, I beg to differ. If reform of state taxes is in order, which it is, start with eliminating the two-tier tax system of Prop.13:
http://www.latimes.com/news/local/la-me-cap-buffet-20110922,0,5846608,print.column --
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