Rep. Aaron Schock (IL-18) took his turn at spouting Republican talking points on Morning Joe, with the need to extend all the Bush Tax Cuts. When asked by Pat Buchanan on where Republicans could compromise to ensure that they reach a deal with Democrats before the Bush Tax Cuts expire at the end of the year, Schock's answer -- full extension for all of them -- leaves both Buchanan and Eugene Robinson laughing out loud at the young congressman.
And Schock does look a bit red-faced, of course, but he has no idea how foolish his response sounds to non-Republicans, because in Republican Land tax cuts always create prosperity and jobs (except for the dismal, almost no job creation during the Bush years). And that extending all the Bush tax cuts won't add to the deficit because the tax cuts will magically spur the economy, in some fairytale Republicans tell themselves. And never mind that the national debt nearly doubled under George Bush with unfunded and misguided tax cuts, Medicaid Part D, two wars, etc. That's yesterday's news. Today it's the Democrats who are the fiscally irresponsible ones, left trying to clean up after the Bush disaster.
And this comes from supposedly one of the best and brightest of that crowd who'll run the House in the new year. It boggles the mind. Whenever someone asks a straight-forward question from them they get a load of hogwash which should be greeted with scorn and ridicule, because their answers are ridiculous, but for whatever reasons they're treated as serious people when all the evidence is to the contrary.
There are several insightful posts up on AMERICAblog and Crooks and Liars this morning about the financial dealings between the federal government's reserve bank and corporate financial institutions that should raise a few eyebrows. Lots of hanky panky, wink wink, type of stuff, so that big wig bankers making millions of dollars a year, could stay afloat while we regular Americans are handed out doggie treats and told "hey, enjoy your food, remember, there are starving people in China." Also equally revealing from a post on Crooks and Liars (just go read everything on there today, damn it) highlighting the fact that outside of the TARP program, apparently there was another free money trough that just about every corporation dipped into (Verizon, Goldman Sachs, Morgan Stanley, Caterpillar, McDonalds, Harley Davidson, General Electric ... you see where I am going). Of course, BofA was the biggest feeder at the trough (am definitely waiting for the Wikileaks on that company's treasonous activities).
On the other hand, the government continues to browbeat those that have been forced into unemployment due to companies like Verizon, Goldman Sachs, Morgan Stanley, Caterpillar, McDonalds, Harley Davidson, General Electric, BofA (again, you see where I am going) laid off millions of workers so that they could (a) up the profit margin for their corporate CEO's and stockholders and (b) steal money from the federal government that rightfully belongs to the taxpayers (because, as we all know, the above named corporations paid zero to little in taxes during this time, thanks to safe haven off shoring of their "business" locale and the wonderful loopholes in the tax code that only said businesses seem capable of using to not pay their fair share of taxes in this country).
Kids, we are seriously in French Revolution era crisis right now. The Grinch is in the White House, merrily playing with himself as he decides to screw America this Christmas by extending (oh, temporarily will be the explanation, so it will supposedly be palatable to us peons) those tax cuts for the rich, and the Grinch will pass along the misinformation that said "compromise" will help we little people because, you know, giving the rich more money will result in the rich creating jobs! Yeah, um, someone tell me again how many jobs have been created since the Bush era began? Yeah, that's why so many are in the bread line, sadly eating their doggie treats that are supposed to placate them, while the rich continue to dine on caviar and champagne.
And more good news for the rich (and the stupidly Republican crowd and their supporters) ... unemployment benefit extensions have been cut as of yesterday! Yeah! More money for the rich people! Yeah!
I wish I could say Merry Christmas this year, but for millions and millions of Americans, this just won't be a Merry Christmas.
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