Saturday, July 31, 2010


One not exactly a diversion: a link to Paul Krugman's very well put argument from the progressive/liberal side about Obama here (and thanks to my oldest son Miles for hipping me to Krugman's column(s) in the first place)...

...and this Youtube video sent to me and others in the clan from one of our Italian (or actually Italian-Irish) relatives (thanks to my niece Linda) (and hopefully the irony will make you laugh and not get all p.c. on me) here.

[PS: I had the video embedded in the post but as often happens the right side of the screen was cut off. Does anybody know why sometimes this happens when I use the embed code from Youtube and sometimes it doesn't?]


JIm said...

Krugman mentions the government health care take over as Obama/Pelosi's crowning achievement. Obama accomplished this massive expansion of government into the patient doctor relationship by forcing it through with congressional tricks and zero bi-partisanship. The vast majority opposed this takeover as was evidenced by the town hall meetings last summer when Democrat congressmen were exoriated by their constituents. Krugman seems concerned that the effort to reverse this multi trillion expansion of government will be successful. One can only hope for the good of America, that his fears come true.

JIm said...

Your hero Krugman seems to think government is doing more harm than good. Of course being a wacko leftie he thinks the way to empolyment nirvana is more government. If Democrats can not get everything optimanlly and socilistically perfect with overwhelming control of government, maybe, just possibly, socialism is not the path to higher employment.

Op-Ed Columnist
Defining Prosperity Down
Published: August 1, 2010

JIm said...

Here is a little wisdom from JFK.

Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshalling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues.

—President John F. Kennedy,
Economic Report of the President,

Lally said...

Somebody thinks this is HIS blog I guess. But just so any strangers out there who may be susceptible to the right wingnuts' misuse of the only "facts" they can ever muster, JFK's quote, if accurate, comes from a period before the right's influence in our government took hold, so he was addressing a time when the wealthiest among us were taxed sometimes over 90 percent! The right took the benefits of making the graduated income tax more fair and as always reduced it to their usual absurd simplistic black-and-white formula and decided if less taxes on the wealthy helped when they were around 90 percent, then no taxes for the wealthy is even better! And conveniently overlook the fact that Obama and the Dems have lowered taxes for most of us from what they were when he inherited the Bush/Cheney world of less taxes for the rich and more for the rest of us.

JIm said...

Congradulations you did not call me a liar or a racist. You used, what some might even take as, reasoned discussion to refute my interpetation of history and economic theory. You show promise.