[Vision2020] Latah County Election Summ ary and CandidateComparison

[Art Deco]

I do not think this is a partisan issue:  The national debt must be drastically lowered!  

The cost of debt service (interest, etc) is about 13% of the federal budget and rising.  That's 13% that can't be spent on anything else or used to lower the principle of the debt.  By 2020 it is projected to be account for about 25% of the federal budget.  (As an aside ask yourself:  who is profiting from this debt service?)

Common sense says: lower spending, increase revenue.

Democrats are generally against the first, Republicans, the latter.

Neither party has the both the guts and the desire to go after a lot of very unfair tax breaks like those for REITs, mineral depletion,  nonprofit corporations/churches/etc, and many, many others buried in 44,000 pages of the federal tax code.

Kudos to Stockman for helping to point this out.  Coming from a former tax cut Republican, this ought to resonate in both parties.  Keep your day job; don't hold your breath.

w.
  ----- Original Message ----- 
  From: Saundra Lund 
  To: 'Rob Waters' ; vision2020 at moscow.com 
  Sent: Monday, November 01, 2010 7:18 PM
  Subject: Re: [Vision2020] Latah County Election Summ ary and CandidateComparison


  R,

   

  Did you happen to catch 60 Minutes last night?  Republican David Stockman, President Regan's budget director & the behind the scenes man responsible for the largest tax cuts in US history, was on, and I found what he had to say quite interesting:

   

  One Republican brave enough to go public is David Stockman, President Reagan's budget director. He says all the Bush tax cuts should be eliminated - even those on the middle class. 

  And he says his own Republican Party has gone too far with its anti-tax religion. 

  "Tax cutting is a religion. What do you mean by that?" correspondent Lesley Stahl asked Stockman. 

  "Well it's become in a sense an absolute. Something that can't be questioned, something that's gospel, something that's sort of embedded into the catechism and so scratch the average Republican today and he'll say 'Tax cuts, tax cuts, tax cuts,'" he explained. 

  "It's rank demagoguery," he added. "We should call it for what it is. If these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion, when the problem is $1.3 trillion. So, to stand before the public and rub raw this anti-tax sentiment, the Republican Party, as much as it pains me to say this, should be ashamed of themselves." 

  These frank words come from Ronald Reagan's old budget director. Stockman was the architect of the largest tax cut in American history. 

  But he doesn't let the Democrats off the hook. He says he cringes when he hears President Obama say things like this: "I believe we ought to make the tax cuts for the middle class permanent." 

  "We have now got both parties essentially telling a big lie," he told Stahl. "With a capital 'B' and a capital 'L' to the public: and that is that we can have all this government, 24 percent of GDP, this huge entitlement program, all of the bailouts. And yet, we don't have to tax ourselves and pay our bills. That is delusional."

   

  If you're interested, you can read or watch more here:

  http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906.shtml?tag=contentMain;cbsCarousel

   

  OR (if the link breaks in transmission)

   

  http://tinyurl.com/2f6fp33

   

  Given the incredible debt that's been amassed due to the war-mongering of the industrial-military complex, I remain quite interested what solutions anti-tax advocates recommend that don't throw their fellow Americans under the bus.

   

  "The moral test of government is how it treats those who are in the dawn of life - the children; those who are in the twilight of life - the aged; and those who are in the shadows of life - the sick, the needy, and the handicapped."

                  ~ Hubert Horatio Humphrey

   

   

  Saundra Lund

  Moscow, ID

   

  The only thing necessary for the triumph of evil is for good people to do nothing.

  ~ Edmund Burke

   

  ***** Original material contained herein is Copyright 2010 through life plus 70 years, Saundra Lund.  Do not copy, forward, excerpt, or reproduce outside the Vision 2020 forum without the express written permission of the author.*****

   

   

   

   

  From: vision2020-bounces at moscow.com [mailto:vision2020-bounces at moscow.com] On Behalf Of Rob Waters
  Sent: Monday, November 01, 2010 6:23 PM
  To: vision2020 at moscow.com
  Subject: [Vision2020] Latah County Election Summ ary and Candidate Comparison

   

  Roger,

   

  Thanks for posting the link to the comparison. Don't follow the local candidates that closely, but found the fact that every Dem went on the record for tax increases quite interesting.

   

  R



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