Trumping on the bandwagon. Is Trump just an opportunist?

Visit msnbc.com for breaking news, world news, and news about the economy

TRUMP: I really liked and knew a little bit Reagan. And I really—
I always sort of have to laugh to myself when people try to criticize that level of intelligence.
(END VIDEO CLIP)
UYGUR: Now, that was Donald Trump on Fox last week, praising Ronald Reagan. Funny. He had a different take on the president in his 1987 book “Art of the Deal.” There, he called Reagan an example of someone who could con people but couldn‘t deliver the goods.
He wrote back then, “Reagan is so smooth and effective a performer, that he completely won over the American people. Only now, nearly seven years later, are people beginning to question whether there‘s anything beneath that smile.”
Now, that‘s not going to sit well the conservative base. In fact, when you look at Trump‘s record, not very much of it will sit well the base at all. What he was saying at different times in his life depended completely on what suited his political needs at that time.
In 1999, Trump actually left the Republican Party when he knew that George W. Bush was a lock for the GOP nomination. And at that point, he became a downright liberal.
In 1999, he told “Fox News Sunday,” “I‘m totally pro-choice. I‘m pro-choice because I think we have no choice.”
In his 2000 book, “The America We Deserve,” he pushes for huge taxes on the wealthy, saying, “By imposing a one-time 14.25 percent net worth tax on the richest individuals and trusts, we can put America on a sound financial footing for the next century.”
I‘m not even that liberal. That is a giant tax increase that he advocated for back then.
In the same book, he makes a case for a Canadian-style health care system. “We must have universal health care. The Canadian plan also helps Canadians live longer and healthier than Americans. We need, as a nation, to reexamine the single-payer plan.”
OK. So, that was him in 2000.
But now that he can appeal to the anger over President Obama‘s universal health care plan, which, by the way, isn‘t even nearly universal enough, in my opinion, all of a sudden, Donald Trump, not so liberal.
(BEGIN VIDEO CLIP)
TRUMP: I want great medical care for people, but I want—also want it to be affordable. Obamacare is a disaster. Number one, it‘s bad medical care, but almost as important —
SAVANNAH GUTHRIE, NBC NEWS WHITE HOUSE CORRESPONDENT: Well, it hasn‘t gone into effect yet.
TRUMP: Excuse me. It‘s a bad concept. But also, and very importantly, this country can‘t afford it.
(END VIDEO CLIP)
UYGUR: So, but your plan was 10 times as liberal. What happened?
And how does he feel about raising taxes now that he is a born-again Republican?
(BEGIN VIDEO CLIP)
GUTHRIE: Would you raise taxes to attack the deficit?
TRUMP: I don‘t think you have to—and let me just tell you, if we get this economy going again—and we can do it by getting jobs, by bringing our jobs back, bringing them back—let the other countries worry about themselves.
(END VIDEO CLIP)
UYGUR: And how about abortion? Well, now he is pro-life. Of course he is. Not that he knows what that even means.
Now, watch this cringe-worthy moment in that same Savannah Guthrie interview.
(BEGIN VIDEO CLIP)
GUTHRIE: Is there a right to privacy in the Constitution?
TRUMP: I guess there is. I guess there is.
GUTHRIE: So, how—
TRUMP: And why—just out of curiosity, why do you ask that question?
GUTHRIE: Well, I‘m just wondering how that squares with your pro-life views.
TRUMP: Well, that‘s a pretty strange way of getting to pro-life. I mean, it‘s a very unique way of asking about pro-life.
Why are you—what does that have to do with privacy? How are you equating pro-life with privacy?
GUTHRIE: Well, you know about the Roe v. Wade decision?
TRUMP: Yes. Right, sure. I‘m for pro—I am pro-life.
(END VIDEO CLIP)
UYGUR: Oh. Oh, that was painful to watch.
Here‘s some help, Donald. The United States Supreme Court had earlier established the right to privacy and then applied that to the issue of abortion in Roe v. Wade. It is a central tenet that led to legalizing abortion. That‘s why they are connected.
The fact that Trump doesn‘t know that is, as usual, embarrassing. And it‘s only matched by how embarrassing his overall opportunism is.
How obvious is this guy? He has no principles or political beliefs at all. He is just trying to appeal to whichever crowd is in front of him. He is a classic carnival barker.
All right. Joining me now is political reporter for The Associated Press, Charles Babington. His new article is titled “GOP Voters in Early States Embrace Trump Bid.”
But Charles, it looks like, as you‘re reporting, the voters—or at least the Republican voters—are eating it up. What‘s going on at the state level, for example, in South Carolina, et cetera, in terms of reaction that Trump is getting?
CHARLES BABINGTON, ASSOCIATED PRESS: You know, I was calling Republican activists in South Carolina and Iowa and New Hampshire, the early voting states, and what I found was there is a tremendous hunger on their part for somebody, almost anybody, who will go out there, go on television, and really be forceful in attacking President Obama on health care and spending and the debt and all those things. And what I found is that there‘s a void right now. There seems to be a vacuum, and to many of them, Donald Trump is filling that vacuum, and they were happy to have him.
UYGUR: And is it about the birther issue, or is it something else that‘s driving them to Donald Trump?
BABINGTON: You know, for quite a few of these activists, I found that they didn‘t much care about the birther issue, that wasn‘t very important to them. For some it was. But for the others, it was more the fact that Trump would get out there and really forcefully take whacks at Obama and the congressional Democrats. That seemed to be the most important thing to them.
UYGUR: But Charles, you know, that‘s interesting, because, you know, all these Republicans, all they ever do is take really forceful whacks at the president. I don‘t see any of them really taking it easy on the president.
So, I‘m wondering, what is it? Is it just—is there an extra level with Trump, that he‘s just irrationally attacking the president at a whole new level? I can‘t figure it out. It seems like they all don‘t like him.
BABINGTON: Yes, that‘s a good question. I think Trump, you know, he is flamboyant, he really gets attention on television. So he has a celebrity.
He is very well known. And so, for example, even if a congressman like Paul Ryan who, as you know and your listeners know, is a very important member of Congress, the average American probably has not heard of him. So I think a lot of it is the celebrity factor. So, Donald Trump, with the big name recognition, goes on television and says these—and really takes these hits at the president, and that seems to be firing up these Republican activists who, again, are very hungry for that type of comment.
UYGUR: Charles, though based on your reporting of local leaders and the voters, et cetera, when the Republican leadership overall attacks them, as they have over the last couple of days, are they risking alienating their own voters?
BABINGTON: That‘s quite possible. I think these—this information about Trump‘s past that you have been going on—over very heavily in your show here is something that‘s really come to the surface, at least at this level, quite recently.
So, when I was talking with these activists just a few days ago, they did not talk about these things. And I‘m not even sure they were aware of them.
So, now, you know, I think a lot of this is reaction. A lot of people thought, well, we don‘t really need to take Trump seriously. You know, Karl Rove called him a joke. And if you do think he‘s joke, you don‘t take him seriously.
But now he‘s done well in some polls, he is getting this attention. And I think that‘s why you are starting to see this pushback, this backlash.
UYGUR: All right.
The Associated Press‘ Charles Babington.
Thank you for your time tonight.
BABINGTON: Thank you.

Posted in Accountants CPA Hartford, Articles | Tagged , , , | Leave a comment

Saving Medicare: Save Our Seniors

Visit msnbc.com for breaking news, world news, and news about the economy

UYGUR: Joining me now is Robert Reich, he is former Clinton labor secretary, of course, and now professor at UC Berkeley and the author of “Aftershock” which is just out on paper back. That‘s lovely. You know, normally I go with Secretary Reich. Today, I‘m going to go with Professor Reich. How are you?

ROBERT REICH, PROFESSOR, UC BERKELEY: How are you, Cenk?

UYGUR: OK. Great. Now, we have been discussion the president and his approval numbers. Well, in handling the economy, he is at 57 percent disapproval. Now, that‘s interesting. Why do you think that that‘s the case there? What‘s going wrong?

REICH: Well, it‘s mainly the continued high unemployment, unemployment is going down but people still worried about unemployment, and gas prices are going up. When you have that combination, people get very nervous, whether it‘s the president‘s fault or not, there is a tendency president to be less popular.

UYGUR: Well, that makes all the sense in the world but seems like what are we playing all these Washington games for? You know, oh, are you going to cut spending this way, are you Medicare, da da da, when in reality, gas prices are high, unemployment is high, and so that determines the whole election.

REICH: Yes, Cenk. The problem is the Republicans have been telling a big lie and many Americans are starting to believe it. That is if you get the deficit under control, you get jobs back. The fact of the matter is that right now, if you cut spending and raise taxes, you‘re going to create fewer jobs. Unless you raise taxes on people who actually like the very rich. In fact, if you try to raise tax on the very rich, they are not going to spend less because they already have much of what they want and the rich actually spend a much smaller proportion of their income than anybody else. So, it makes sense to raise the taxes on the rich but it doesn‘t make sense now to cut spending or raise taxes on anybody else.

UYGUR: So, is the president playing the wrong game here? Should he scrap this whole entire thing and say, look, deficit reduction and all spending cuts, no, no, no, I‘m going the other way and I‘m going to actually stimulate the economy and we are going to create jobs?

REICH: Well, I think what the president ought to be doing is saying, number one, now the Republicans have revealed who they are. They are—they want to get rid of Medicare, they want to turn it into basically a voucher program that channels money to the for-profit insurance companies and they also want to reduce taxes on the very rich. I mean, who are—whose side are they on? They are not on your side, obviously, but then I think the president needs to also say, but look, all of this issue about the deficit is important but the most important thing right now, right now, is to get jobs back, to reduce unemployment, to get the economy rolling and the Republicans have no ideas at all and what I‘m going to do is, and then he can offer a variety of solutions. For example, exempt the first $20,000 of income from Social Security taxes this year and next year, make up the difference by subjecting income over $250,000 to Social Security taxes.

UYGUR: Can he realistically to do that? I mean, he has got a game plan, he is executing his game plan. He is not going to turn around, is he? And if he doesn‘t and the jobs don‘t turn around, is that really the only thing that decides the election?

REICH: Cenk, jobs are very important. Again, things are moving slowly in the right direction. Gas prices, well, who know what is gas prices are going to do? But I think the president has got to, in addition to cornering the Republicans on Medicare and on tax breaks for the wealthy, which is what he is doing. And that is all very good, and very important, he has also got to provide a positive platform of getting jobs back and getting the economy growing again. And I think there he hasn‘t done enough.

UYGUR: All right. Now, McDonald‘s is announcing that they are hiring 50,000 new jobs, should we be excited or are we now in a McEconomy?

REICH: Well, look, this is a very important point. Because it‘s not just getting jobs back. I mean, if the jobs are lousy jobs, if they pay $9 an hour and most of the new jobs that have been created over the past couple of years are pretty lousy jobs. They are low paying, they don‘t have much benefit, if any benefit attached to them, well, those are not the kind of jobs we want. So, the president has got to come forward with a strategy for not only getting jobs back but also getting good jobs back.

UYGUR: I hear you on that. I think if you just went on the route of, look, jobs, jobs, jobs, I‘m trying to create jobs, these guys are trying to kill jobs. In my opinion, would you be ten times better off. Professor Reich.

REICH: Well, I think Cenk, the point is, he has already cornered the Republicans on Medicare and on tax favor for the rich, now it‘s time to come forward with a jobs strategy.

UYGUR: All right. Let‘s see if he does that. Professor Reich, as always, thank you. Really appreciate it.

REICH: Thanks, Cenk.

Posted in Accountants CPA Hartford, Articles | Tagged , , , | Leave a comment

Donald Trump trumps the Wall Street Journal! Kelly Evans Interviews the Donald on April 11, 2011

OK, his hair looks fake, and he is at times arrogant and obnoxious, and this birther nonsense made his Presidential run in 2012 appear as another ego stunt, but after listening to his interview by Kelly Evans of the Wall Street Journal on April 11, 2011, I must admit I liked much of what I heard.  Now don’t shoot me.

First of all, what I found extremely refreshing was his candor.  He just came right out and said what he would do, without the typical political dodging.  Saying forthright what you would do…isn’t that leadership?  I respected that boldness.  A leader needs to be bold, unlike the postures of Clinton and Obama, who appear to take a poll before announcing their clear positions, if ever they did.  Isn’t a President supposed to be a leader?  Do not the millions of American people need a voice, a leader, to shape up all of the self-interested congresspeople, influenced (if not run) by the coffers of the lobbyists and political donors?

Will Trump's Hair-do do for 2012?

Will Trump's Hair-do do for 2012? Or will Shylock have to shed those locks?

Secondly, I like his 25% tariff on China’s imports.  We all know it’s not fair trade when our competitors pay their employees slave wages of $.25/hour, with no overtime and benefits.  There were no nebulous statements of making the trade with China fair, but rather a specific course of action:  a 25% tariff on China’s goods.  Great!

Thirdly, he was very clear about the accomplishment of the mission in Iraq:  the obtainment of its oil.  Remember when Bush said that Iraq’s oil would pay the trillion dollars of its cost?  Who got stuck with the tab?  Not the rich or its profiteers (i.e., Halliburton et al), but the middle class of America.  However, if Donald were President, he would seize those oil fields.  Frankly, why not?  Shouldn’t the people of Iraq pay for the cost of their liberation from a tyrant like Saddam Hussein?  Should Iran get its oil after we leave?

Yes, I must admit, Donald, in spite of his fake hair, self-confidence approaching arrogance and conceit, impressed me in this interview, even though Kelly Evans appeared more like a job applicant on Donald’s TV show, the Apprentice, than an columnist of the Wall Street Journal.  Yes, he conveyed the decisiveness of a leader, someone capable of making decisions, instead of merely mumbling grandiose, generalized rhetoric, sounding profound but signifying same old, same old, reminding one of that E. E. Cummings untitled poem, which follows:

“next to of course god america i
love you land of the pilgrims’ and so forth oh
say can you see by the dawn’s early my
country ’tis of centuries come and go
and are no more what of it we should worry
in every language even deafanddumb
thy sons acclaim your glorious name by gorry
by jingo by gee by gosh by gum
why talk of beauty what could be more beaut-
iful than these heroic happy dead
who rushed like lions to the roaring slaughter
they did not stop to think they died instead
then shall the voice of liberty be mute?”

He spoke. And drank rapidly a glass of water

Yes, how refreshing.

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , | 1 Comment

Are liberals too compromising? Are liberals suckers?

Visit msnbc.com for breaking news, world news, and news about the economy

UYGUR: Now, a lot of people are under the impression that the Democrats get their ass handed to them during almost every negotiation lately with the Republicans. Honestly, I‘m among those people. If you watch this show, you know. So why does that happen? Could it be because liberals are too tolerant? That‘s an interesting theory. And it‘s one that was put forward by our next guest.

Sally Kohn is the founder and chief education officer of the Movement Vision Lab and she recently wrote about this phenomenon in “The Washington Post.” Sally, welcome.

SALLY KOHN, MOVEMENT VISION LAB: Thanks for having me.

UYGUR: It‘s great to have you. I actually want to start with one of your quotes from the article because I thought it was really interesting and then have you respond. As quote number two here on tolerance versus intolerance. You say in any given fight, tolerance is benevolent while intolerance gets in good punches. Tolerance plays by the rules while intolerance fights dirty. The result is round after round of knockouts against liberals who think they‘re high and mighty for being open-minded but who politically and ideologically are simply suckers. Now, a lot of people will find that to be tough language. Do you really think that.

KOHN: I‘ve got e-mails from most of them, yes, I know.

UYGUR: Do you think that they‘re being suckers here? And is it because they‘re being too tolerant?

KOHN: Yes. I mean, let‘s be clear. So, research going back to the 1930s shows that liberals, people who have liberal political opinions are in ridiculously more likely to be tolerant, open-minded, interested in seeking out new experiences than their conservative counterparts. Now, let‘s be clear because I know the first thing I‘ll get an e-mail on, when I‘ll get on this, I don‘t mean all liberals are tolerant. Not all of them. And I don‘t mean all conservatives.

UYGUR: No, probably intolerant.

KOHN: But this is—and I thank you for bucking the trend. But, you know, look, tolerance is a really great quality when it comes to being social at a cocktail party. But when you‘re in a political fight, particularly with a Republican Party that is increasingly extremist and intolerant, it‘s not helpful, in fact, it really does just makes you a sucker.

UYGUR: Well, I hear you on that but I feel like there‘s a difference, right? Because I fancy myself tolerant, putting the kidding aside. You know, I‘m open-minded and I‘m open to change. You know, conservatives like things as they are, they‘re not as open to change. That makes sense, I get that, right? But at the same time, I know when to draw the line. But these guys never seem to draw the line. But we were always this way, I mean, progressives were winning in the ‘70s, certainly we‘re winning in the ‘30s. And I would say ‘30s through ‘70s. What happened? What changed?

KOHN: I mean, I think that the very nature of our political opposition among other things has changed. So, you know, we‘re not having the conversation, you know, the irony is that the Democrats somehow think that they‘re at a polite Tea Party. We‘re not talking to a Republican Party that‘s interested in reasonable negotiation. You‘re literally talking to a party that wants to get rid of everything that not only the Democrats but our country has ever stood for him. And they‘re talking about getting rid of Medicare, they‘re talking about fundamental things that have lifted up the poor and the working class in our country and made opportunity available to all. This is not an opportunity we negotiate. If you even have the conversation, you‘ve already lost.

UYGUR: You know, in a sense, what it certainly tells you is that the president‘s plan of preemptive concessions is like, is done to make him seem more reasonable, but who cares, the other side doesn‘t care with you, reasonable or not.

KOHN: Well, but let‘s also be clear, part of my point in the piece that this isn‘t just Obama‘s problem, this is partly him being responsive to his base. There‘s a poll that came out a few days before.

UYGUR: That‘s right.

KOHN: The budget concession, that said in effect that Republicans wanted their partisan elected to hold their ground, even if it meant shutting down government by overwhelming majorities, whereas Democrats wanted their partisans to concede. You know, if we can‘t stand firm on our principles, how can we expect our elected officials to? We have to know where the line is.

KOHN: All right. Sally Kohn, founder of the Movement Vision Lab. Great points. Interesting. So, in the end, viewers, it‘s your fault. No, but it is a good point about the polls.

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , | Leave a comment

Obama may have found his “Trump” card: GOP’s worst nightmare

Visit msnbc.com for breaking news, world news, and news about the economy

UYGUR: It‘s official, we‘ve got a war within the Republican Party. That must mean that the 2012 race has started in earnest. Ladies and gentleman, start your engines. This time the fight is between Donald Trump and the GOP establishment, and it‘s ugly. When Trump first jumped into the 2012 discussion, it looked like he was just trying to get attention. But now that he‘s at or near the top of just about every poll out there, the GOP is getting scared and they have started a full-scale war against Trump. House Majority Leader Eric Cantor took the first shot last week painting Trump as a joke.

(BEGIN VIDEO CLIP)

REP. ERIC CANTOR ®, HOUSE MAJORITY LEADER: I don‘t think he is really serious when we see a campaign launch on the birther issue.

(END VIDEO CLIP)

UYGUR: What do you think Trump is going to do about that? Do you think he‘s going to just sit back and take that? No way, of course he‘s going to fire back. So over the weekend, he told Talking Points Memo just what he thought of Eric Cantor.

(BEGIN VIDEO CLIP)

DONALD TRUMP, ENTREPRENEUR: And I think it‘s a very bad thing for Cantor to have done because I will tell you, people love this issue, especially in the Republican Party. And there‘s something to what we‘re saying.

(END VIDEO CLIP)

UYGUR: This is like the WWE now. Then Trump takes a chair out of nowhere and swings it at Romney.

(END VIDEO CLIP)

TRUMP: Mitt Romney is a basically small business guy. If you really think about it. He was a Hedge Fund, he was a fund guy, he walked away with some money from a very good company that he didn‘t create. He would buy companies, he‘d close companies and get rid of the jobs. I have thousands and thousands of jobs that I‘ve created over the years. My net worth is many, many, many times Mitt Romney.

(END VIDEO CLIP)

UYGUR: Yes, yes, yes, I got it, you‘re rich. I think he‘s totally full of it, by the way, on how much money he has. But even if it‘s true, is that like a real selling point in an election? Ha ha, I‘m richer than you, so vote for me? I don‘t get that strategy. But maybe the Republicans are actually scared of his money and his poll numbers, because The Weekly Standard Stephen Hayes then randomly jumped in the ring and hit the Donald over the head.

(BEGIN VIDEO CLIP)

STEPHEN HAYES, COLUMNIST, THE WEEKLY STANDARD: The problem I think he has is that he‘s sort of a clownish figure. He doesn‘t really have any ideas. He was supporting Nancy Pelosi and Barack Obama two years ago. He‘s been on every side of every issue in every conceivable political position over the past decade.

(END VIDEO CLIP)

UYGUR: Now, remember The Weekly Standard is the bastion of neo-cons, so apparently they‘re not on the Trump bandwagon. But then out of nowhere, here comes the big guy, the reigning king of the GOP establishment. Off the top rope.

(BEGIN VIDEO CLIP)

KARL ROVE, FORMER BUSH ADVISOR: His full embrace of the birther issue means that he‘s off there in the nutty right and is now an inconsequential candidate. I‘m shocked. The guy is smarter than this. And, you know, the idea that President Obama was not born in Hawaii, you know, making that the centerpiece of his campaign means that he‘s, you know, now, you know, just a joke candidate.

(END VIDEO CLIP)

UYGUR: Remember, like Snooker would do the full body slam but a lot of guys go from the top rope in wrestling, and they do elbow from the sky. That‘s what Rove just did and the Donald is reeling. But just like in wrestling when you sometimes can‘t tell who‘s hitting who and sometimes they hit the wrong guy, Rove even accidentally helped the president while swinging away at Trump.

(BEGIN VIDEO CLIP)

ROVE: Now in his weird conspiracy theories, same thing that people, you know, none of his family knows what hospital he was born in at Hawaii. Wait a minute, you know, yes, his family knows what hospital he was born at. Nobody knows him in college. One of my White House deputies was a classmate of Barack Obama at Harvard and they get him elected the law review editor.

(END VIDEO CLIP)

UYGUR: So that‘s it, right? I mean, the Donald must be knocked out by now. Oh, no, here he comes again, watch out, Rove!

(BEGIN VIDEO CLIP)

TRUMP: I heard Karl Rove today on television. It was terrible. He was so against me, because I am questioning. All I want to do is see this guy‘s birth certificate. Republicans have to be very careful of that. Because obviously Karl Rove didn‘t do very well the last couple of years in the Bush administration because, hey, whether you like him or not, George Bush gave us Obama, and I‘m not happy about it.

(END VIDEO CLIP)

UYGUR: So we‘ve got ourselves a full-scale civil war within the GOP. There‘s nothing more fun than when Republicans attack one another. Because Democrats wouldn‘t be half as vicious to them as they are to each other. But someone is feeling left out of this parade. So here comes Sarah. She wouldn‘t want to get left out of all the fun, so she hit the GOP establishment guys from the other side. So this weekend at a tax day Tea Party rally in Madison, Wisconsin, she showed that like Trump, she‘s not afraid to take on the Republican Party.

(BEGIN VIDEO CLIP)

SARAH PALIN, FORMER ALASKA GOVERNOR: And yes, I‘ll take on the GOP establishment. What more can they say about us, you know? We didn‘t elect you just to rearrange the deck chairs on a sinking titanic. We didn‘t elect you just to stand back and watch Obama redistribute those deck chairs. What we need is for you to stand up, GOP, and fight.

(END VIDEO CLIP)

UYGUR: I love this, it‘s just like wrestling. You know, like when they zoom to the, you know, who‘s coming out of the locker room and you hear the music and then it‘s like, uh-oh, there‘s Sarah and she‘s helping Trump. Oh, my gosh, he hit Rove. It‘s so much fun. But the other way to look at this, is basically it‘s Sarah Palin saying, hey, wait a minute, I‘m the real fake candidate in this race. If you‘re going to attack anyone with a reality TV show, it should be me. All right, Sarah, we got you, we got you.

All right. Now, joining me is MSNBC contributor and Slate Political reporter Dave Weigel, author of recent piece called “Enter the Donald, Take Two.” And also with me is political columnist for Salon.com, Steve Kornacki who also just wrote an article on Trump called “Is the right finally turning on trump.” So, Steve, let‘s start right there. Man, they seem pretty mad at Trump. That was fascinating. Why are they so mad at Trump?

STEVE KORNACKI, COLUMNIST, SALON.COM: Well, I mean, I think it‘s amazing what a couple of polls will do when they show a guy like Donald Trump suddenly, you know, taking the lead and even starting to put some distance between himself and the rest of the pack. I mean, I think everybody‘s instinct in politics, republican, democrat, media, for the last few months is, OK. You know, it‘s just another Donald Trump publicity stunt. But he‘s carried this to a length I think so far the people weren‘t quite expecting. He‘s done it with this very, you know, controversial rhetoric over birtherism. And then when he starts taking off in the polls like that, there‘s the immediate concern of what is this doing to the Republican Party brand right now. And then it starts to enter their minds a little bit. If this guy ever got close to the nomination, if this guy ever got for being won the nomination, this is an absolute catastrophe for us in the fall. And, you know, I think they went through this a few months ago, Sarah Palin, a lot of those things.

UYGUR: Why? Can I just stay on their.

KORNACKI: Same reason. They woke up after the 2010 midterm elections, the Republicans did, and they did very well but they left seats on the table because in some of these key high profile Senate races, it‘s like in Delaware with Christine O‘Donnell, Nevada with Sharron Angle, they nominated fundamentally unelectable candidates. They looked at Sarah Palin and they saw the same ingredients in place, and so they rose up against her, sort of subtly in many cases, and they delivered the message to the conservatives, they don‘t what to go near her in 2012. I think they‘re doing it now with Trump.

UYGUR: So there is a real fight between that base and the GOP establishment. It‘s not fake, that‘s real. And Dave, let me turn to you here. Are they right about Trump? Because, you know, Trump has said many curious things in the past, given what he‘s saying now. You know, he said that Barack Obama could be a great president. He said, before he said Obama was the worst president, he said Bush was the worst president, et cetera, et cetera. Are they right about Trump? Does he, you know, does he not know what he‘s talking about?

DAVE WEIGEL, MSNBC CONTRIBUTOR: Well, you know, more importantly, in 2000 when he thought about running for president under the reform party ticket, if you remember that, he was for universal health care, he was for a one-time enormous surtax on people make, not making more, worth than $10 million. So, when you hear somebody like Steve Hayes say, he‘s been on every side of every issue, that‘s what he‘s referring to. If you, saw with the club for growth said today, the very influential, I mean, when we talk about Tea Party candidates, we used to talk about the club for growth. These guys who bundle money for conservative candidates.

They came out against Trump this morning saying, look, he‘s on the record for an enormous, I think 25 percent tariff on Chinese goods. He says, we can drive the price of oil down to 40 or $50. I guess that means going back in time and killing more ferns so they become oil. We just can‘t have this guy take over so much of our debate, because we Republicans are having a pretty good political debate we thought before this guy barreled into it.

UYGUR: Yes, you know, the thing is he‘s also clownish in so many different ways. And I guess, he‘s saying, if we go into Libya, we‘ll just take their oil.

WEIGEL: Yes. Honest.

UYGUR: Yes. I guess it‘s honest in a way. He says that if he went in the room with OPEC, he could just rough talk them and they‘d give him better prices. That‘s not how the real world works. It reminds me of Bush when he said, I wish I had a magic wand that said low gas, right? There is no magic wand, Donald. So, but, look, turning back to the other candidates, he‘s sucking all the oxygen out of the room. And Pawlenty is trying to compete with goofy jokes. Let me show you another once, I‘m obsessed with Pawlenty. Let‘s show you a joke here and then come back and talk about it.

(BEGIN VIDEO CLIP)

TIM PAWLENTY ®, FORMER MINNESOTA GOVERNOR: I know Donald trump is getting a lot of attention. The one thing that I think we could embrace from his other TV show, “The Apprentice,” then we should tell President Obama in 2012, you‘re fired. I‘m not one to question the authenticity of Barack Obama‘s birth certificate, but when you look at his policies, I do question what planet he‘s from. You‘ve got to give him credit for at least this. He‘s proven that somebody deserves a Nobel Prize less than Al Gore.

(END VIDEO CLIP)

UYGUR: Steve, now he‘s reminds me of Bush. We should tell him, you‘re fired.

KORNACKI: You just need Ed McMahon off camera with the Hi ho (ph).

UYGUR: Hi ho.

KORNACKI: He‘s hired like every Republicans—and they need to hire at least one more speechwriter, I think.

UYGUR: Right. No, but Dave, that‘s the thing. I want to ask both you guys.

WEIGEL: Yes.

UYGUR: I mean, are guys like Pawlenty in a lot of trouble, because they can‘t get any attention and they have got to get desperate and make these terrible, cheesy jokes? Or maybe that‘s just the way Pawlenty is. But isn‘t a kind of embarrassing for a so-called legitimate candidate to be getting his house cleaned by Trump?

WEIGEL: Well, I want to hear what Steve thinks too. Because I think he and I both wasted a number of hours in 2007 covering Rudy Giuliani, who basically existed to take a lot of flak, get a lot of coverage and then implode before the primaries happened, so that people, you know, other candidates didn‘t get as much attention. They got some. They got some scrutiny, but remember, Mike Huckabee basically dodging all real scrutiny until he won the Iowa caucuses. So there is an advantage in a kind of weird backwards way to having a couple of guys out there taking all the flak for months, you know…

(CROSSTALK)

UYGUR: Real quick, Steve, let me actually go on because that‘s real interesting. I think that‘s what Huckabee is doing here. I think he‘s letting then punch each other out and then he‘s going to come in at the end.

KORNACKI: Well, I think, if you‘re Mitt Romney or you‘re Tim Pawlenty, you‘re feeling good about what‘s happening right now because not only is the conservative establishment is mobilizing to try to marginalize Donald Trump like they did with Sarah Palin, it‘s a signal that they‘re going to do that to other candidates who emerge in the next few months and pose the same threat. And at the end, maybe that means that Romney or Pawlenty, maybe that‘s how they survive. They get that.

UYGUR: That‘s exactly right. Romney has got the real money behind him. That‘s what‘s going on. Dave Weigel from Slate, Steve Kornacki from Salon.com, thank you both for joining us. Great discussion.

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , | Leave a comment

Save our seniors: saving medicare

Visit msnbc.com for breaking news, world news, and news about the economy

CENK UYGUR, HOST: Good evening, everybody. I‘m Cenk Uygur.

Today, the Democrats have taken the fight to the Republicans. Hey, will you look at that? That‘s awesome. They‘re battling them on the GOP plan to destroy Medicare.

President Obama blasted Paul Ryan‘s budget this weekend.

(BEGIN VIDEO CLIP)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: It‘s a vision that says in order to reduce the deficit, we have to end Medicare as we know it and make cuts to Medicaid that would leave millions of seniors, poor children, and Americans with disabilities without the care they need.

(END VIDEO CLIP)

UYGUR: The president will be taking that exact message around the country this week in a hope to educate voters. Today he‘s giving local television interviews to stations in Denver; Raleigh, North Carolina; Dallas and Indianapolis. Tomorrow, he takes his message to a Republican state he won in 2008 with a town hall in Virginia. And on Wednesday, he‘ll hold an interactive town hall at Facebook headquarters in Palo Alto, California. And on Thursday, he heads to Reno, Nevada. He‘s going everywhere. He‘s not playing anymore.

Democratic lawmakers are also pushing the message that Ryan plan is a Medicare killer. All right. Apparently they are, but we don‘t have that video. Trust me that they definitely are. All right. Now, it‘s about time that Obama and the fellow Democrats counterattack.

Of course, the GOP is complaining that the Democrats aren‘t being nice to them. But wait a minute, those were the same guys who had this quote on the opening page of Ryan‘s budget plan: “Where the president has failed, House Republicans will lead.” What, you can accuse him of failing, but if he fights back, you cry over it? Well, there‘s another reason why the counterattack is so important.

Now, look, take a look at how people perceive Ryan‘s budget before and after they are told what‘s in it. Pollster Greenberg Quinlan Rosner found 48 percent supported Ryan‘s plan when just told that it trimmed spending and 33 percent opposed it. Now, those are really good numbers for the Republicans.

But when told what Ryan‘s plan really does, which is to cut taxes for corporations and the wealthy, and repeal part of health care reform, and make major cuts to Medicare, support plummeted. Then, only 36 percent backed the plan and 56 percent opposed it.

Now, look what happens when people find out what the plan actually does. That‘s a 23-point swing against the Ryan budget. In the end, when they knew all of the details of the plan, 66 percent—that‘s two-thirds of the country—have “serious doubts” about the plan.

Now, that‘s why President Obama and the Democrats have to hit the road and tell the country what this fight is actually about. This isn‘t just about politics, this is the only way they can actually save Medicare and Medicaid.

Joining me now, NBC News political analyst and form Pennsylvania governor Ed Rendell. Also with me, reporter for “The Washington Post” and MSNBC contributor, Ezra Klein.

Great to have you guys here.

ED RENDELL, NBC NEWS POLITICAL ANALYST: Hi, Cenk.

UYGUR: All right. Great.

Well, my guess is, Governor Rendell, you‘re in favor of taking the fight to them.

RENDELL: Absolutely. It‘s long overdue.

I mean, you know, the Republicans always raise the specter of class warfare. This isn‘t class warfare, this is about sharing the pain, it‘s about fundamental fairness. And there is no fairness in the Ryan budget, none whatsoever. And there‘s no fairness in our current tax structure.

UYGUR: Ezra, let‘s talk about Medicare and what the Ryan plan would do.

It looks like the CBO, which is nonpartisan, says by 2030, that people would have to put in 68 percent of the costs of their Medicare, as opposed to if we left it alone, it would be 25 percent. So that‘s gigantic difference. I mean, can people even afford to put 68 percent of their health care costs in these things?

EZRA KLEIN, MSNBC CONTRIBUTOR: It‘s actually a bit worse than that. What CBO found is not just that you‘d have to pay about 70 percent of your Medicare under the Ryan plan, while under normal Medicaid, you pay between 25 to 30 percent, it‘s that the insurance offered by the Ryan plan, because it moves over to the private market where there are more middlemen, higher administrative costs, the insurance would actually be pricier. So you would be paying more for less insurance under the Ryan plan than you would under traditional Medicare.

And that‘s very important. And what the Ryan plan does is it shifts costs over to seniors. It doesn‘t control costs in the health care sector, which is ultimately the only thing that would be a sustainable solution to our deficit problem.

UYGUR: You know, one more quick follow-up on that, Ezra. I‘m also reading that insurance companies have no interest in it. They don‘t want to insure older people who are more likely to get sick. So, is there some chance that even if you got the voucher that Ryan is talking about, as little as it is, that they might not insure you anyway?

KLEIN: You can always pay an insurance company enough to insure somebody. In Medicare, we do it now. It‘s a program called Medicare Advantage, and private HMOs get to participate.

The idea of Medicare Advantage is it would be cheaper, and so it would cost the same as Medicare but give people vastly more benefits. That failed.

Medicare Advantage costs about 120 percent, as much as traditional Medicare. And one of the ways that we paid for health care reform and one of the health care reform savings that Ryan keeps in his budget is that it ratchets those savings back.

So the big experiment we did, trying to create a private market in Medicare, and seeing if that was cheaper, it failed. It turned out to be much more expensive.

UYGUR: Right. And I thought the free market would solve everything.

It turns out it doesn‘t. Wow. Shocking.

All right. Now, Governor Rendell, let‘s talk about the politics of this a little bit, because the Republicans are running for the hills here, at least some of the 2012 candidates. Let me show you a video of Tim Pawlenty when he‘s asked about this and I‘ll have you react.

(BEGIN VIDEO CLIP)

TIM PAWLENTY ®, FMR. MINNESOTA GOVERNOR: I like Paul Ryan‘s plan directionally. I don‘t think it‘s fully filled out in terms of the fact that we still have to address Social Security. And when we issue our plan later in this process, it will have some differences.

UNIDENTIFIED MALE: He‘s put the Medicare cuts in his plan that he keeps from Obamacare?

Advertise | AdChoicesAdvertise | AdChoicesAdvertise | AdChoices.PAWLENTY: Anybody else have a question besides this guy?

(END VIDEO CLIP)

UYGUR: Apparently they don‘t like Think Progress‘ questions, but it was a very important and fair question.

So, are the Republican candidates in some trouble here, stuck between Ryan‘s plan and what the American people actually want?

RENDELL: Yes, I think they‘re in big trouble. And I think a lot of congressmen who voted for the Ryan plan last Friday have got a lot of explaining to do in 2012.

And I think swing districts in Bucks County, in Delaware County, in suburban Philadelphia, and even Montgomery County, those congressmen are going to have a lot of explaining to do to senior citizens. I think they may have voted themselves out of office.

And, you know, it made no sense. It made no sense.

Now, you‘ll start seeing retreats, and “I didn‘t know the details,” and, “No, I‘m for the concept, but not really for all the details of the plan.” It‘s baloney.

The plan doesn‘t work because it changes what is a fundamental entitlement that makes this country different than all other countries in the globe, number one. And number two, it fails because it‘s unfair. It gives significant tax benefits to the rich and to wealthy corporations.

Do you know, Cenk, that right now, right now, 58 percent of corporations that are foreign-owned pay no income taxes in the U.S. when they do business here? And 34 percent of U.S. corporations pay no income tax doing business, of course, in the United States.

That‘s shocking. Shocking.

UYGUR: Yes. They always talk about shared sacrifice, but when it comes to shared sacrifice for the rich or for the corporations, all of a sudden, they‘re not interested in that. It‘s really strange.

But, Ezra, on the politics of Medicare, the Republicans might be even in more trouble than they suspect because in 2010, their base was actually senior citizens, right? I mean, they came out to really vote for them. If they jeopardize that, how much trouble are they in?

KLEIN: Right. So the Republican Party is more reliant on the senior vote than they have been in many, many decades.

It‘s actually interesting, I think. 2008 was the first election in decades where the average Republican was older than the average Democrat. And that‘s simply accelerating.

The Republicans got 58 percent of the senior vote in 2010. In 2008, seniors were the only age group that went for John McCain. So that has created a little bit of asymmetry of interest here.

The Republicans now have the senior vote, but they don‘t like entitlements. Previously, Democrats had the senior vote and they did like entitlements. That made life a little bit simpler for them.

So Republicans are going to have a lot of explaining to do to seniors, who they attracted in 2010 by attacking the Medicare cuts in the health care bill. They even have what they call the Seniors Health Care Bill of Rights protecting them from these Medicare cuts, but now they have brought all of those Medicare cuts into the Ryan plan and stacked on top of them more Medicare cuts and privatization, and that‘s going to create an interesting set of conversations around the country I think in 2012.

UYGUR: And finally, Governor Rendell, you know, as Ezra explained a little earlier, Medicare Advantage didn‘t work, it‘s inefficient. You want to get rid of that, get some savings, that makes perfect sense. But, otherwise, cutting Medicare, or agreeing to cut Medicare, as the Republicans want, would seem to let the Republicans off the hook here, right?

The Democrats aren‘t going to do that, are they?

RENDELL: No, but I think we need to reform some aspects of Medicare. One thing I‘d like the president to pursue, and he‘s starting to give signals that he will, is to use the federal government‘s leverage buying power, tremendous leverage buying power to reduce the cost of pharmaceuticals for Medicare and for every aspect of our health care system.

UYGUR: I would love that. Oh, I would love that. But I thought that that was—

RENDELL: We can ratchet down costs in Medicare by just doing that one thing.

UYGUR: No, no, absolutely. And I‘m 100 percent on board for that. But I thought that part of the deal that they struck in health care reform was that they could not negotiate with those drug companies.

RENDELL: Go ahead, Ezra. You want to take a shot at that?

KLEIN: If I could jump in, in the budget plan the president announced last week, there‘s actually a couple of things horning in on that deal. The big one, I think, is he announced in the plan that he would like to reduce the amount of time that biologic drugs can be exclusive, from 12 years to 7. This was part of one of these pharmaceutical deals, but it would save a ton of money if you get generics and this expensive new costs of drugs on to the market more quickly. And it‘s something that until now, we‘ve not seen any willingness from the White House to do. But in the face of more deficit concerns, they have become much more interested in it all of a sudden.

UYGUR: Right.

RENDELL: And Cenk, I think it‘s important that we realize, we Democrats realize, that, yes, we‘ve got to wring some savings out of Medicare and Medicaid without destroying the fundamental entitlement of those programs, and we can do it.

UYGUR: No, and I agree with you. Look, when it comes to Medicare Advantage, as Ezra pointed out, when it comes to negotiating for lower drug prices that you pointed out, Governor, absolutely. That makes all the sense in the world. I just don‘t want fundamental cuts to Medicare.

So, great to have this conversation with both of you. Thank you so much for joining us.

RENDELL: Thanks, Cenk.

KLEIN: Thank you.

UYGUR: All right.

That was of course Governor Rendell and Ezra Klein from “The Washington Post.”

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , | Leave a comment

Subterranean House-sick Blues! New York Representative Joseph Crowley literally speechless over GOP’s agenda


Do you remember that Bob Dylan video of Subterranean Homesick Blues, where he does not say a word but says it all with cards? Apparently Joe Crowley, the Democratic Representative from New York, does, because he just imitated Bob’s routine of how powerful silence can be in making a point! But the title of his routine is the Subterranean Housesick Blues.

Now put on Dylan’s Subterranean Homesick Blues and sing my words for Subterranean Housesick Blues, and feel free to ad lib:

Corporations in the government
paying off politicians
I’m on the outside
thinking about the government
congress passing laws
for the rich, not for us,
cuz getting paid off
campaign contributions,
look out kid
it’s nothing you did….

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , | Leave a comment

GOP confused over the nation’s debt. What is a CONservative? Someone who gives you a CON job. In other words, a Republican!

Visit msnbc.com for breaking news, world news, and news about the economy

UYGUR: In the con job of the day, we have got the republican flip-flops over the debt. The republican leadership‘s evolving position of the debt ceiling can give you whiplash.

Remember, we don‘t raise it. The government will re-force into default. Nonetheless, Boehner and McConnell under rest, say that they won‘t vote to raise it unless they get more spending cuts.

(BEGIN VIDEO CLIP)

JOHN BOEHNER ®, SPEAKER OF THE HOUSE: We have got take meaningful steps towards solving our long term debt problem if in fact, we‘re going to find the votes increase of debt ceiling.

SEN, MITCH MCCONNELL ®, MINORITY LEADER: There is bipartisan opposition in the Senate to raising the debt ceiling unless we do something significant about the debt.

(END VIDEO CLIP)

UYGUR: Now, that was now but Boehner and McConnell were not so concerned about the debt limit when we had a republican sitting in their oval office. As Travis Waldron of Think Progress points out, “The current GOP leadership voted to raise the debt ceiling every single time during the Bush years.” In 2002, Boehner and McConnell voted for $450 billion increase in the debt limit. The next year, they approved a $900 billion increase, a vote that came the same week that President Bush approved tax cuts that cost $350 billion.

So, they didn‘t mind borrowing from China when it was to pay the rich, of course. In 2004, they voted to raise the limit by another $800 billion. In ‘06, it was $781 billion. In ‘07, it was another $850 billion. All told, under Bush, Boehner and McConnell voted five times to increase the debt ceiling by a total of $4 trillion. They raised it five times for a total of $4 trillion. That‘s a lot of money. And now they‘re concerned about raising the debt ceiling? Obviously they had no qualms whatsoever about increasing it when there was a republican in the White House. But the leaders are not the only ones in the Republican Party to make a complete and comical reversal on the debt limit issue. Here‘s Indiana Congressman Mike Pence earlier this week.

(BEGIN VIDEO CLIP)

REP. MIKE PENCE ®, INDIANA: I will not support an increase in the debt ceiling without real and meaningful changes in spending, and the short term in the long term.

(END VIDEO CLIP)

UYGUR: But here‘s Pence on the absolute necessity of raising the debt ceiling back in 2002.

(BEGIN VIDEO CLIP)

PENCE: I came here believing as so many people I represent believe that if you owe debts, pay debts.

(END VIDEO CLIP)

UYGUR: I love the flip-flops. And right now, Iowa Senator Chuck Grassley thinks the debt ceiling is a great bargaining chip.

(BEGIN VIDEO CLIP)

SEN. CHUCK GRASSLEY ®, IOWA: We have got tremendous leverage on not increasing the debt to get a lot of other things done that we want done.

(END VIDEO CLIP)

UYGUR: But in 2006, he said lawmakers shouldn‘t try to score political points about the debt limit.

(BEGIN VIDEO CLIP)

GRASSLEY: And so, I would hope that we would not have an extended debate and a lot of breast beating about the issue of increasing the national debt. Now there will be a lot of debate about it. A lot of political points trying to be made. But the point is, we have got to keep the business of government going. That‘s why this ought to pass unanimously.

(END VIDE CLIP)

UYGUR: Unanimously, back when there was a republican president, right? But now, all of a sudden, oh we can‘t do it. Raising the debt ceiling was an absolute necessity. It turns out that you couldn‘t play politics during the Bush years. But now that we have a democratic president, the debt ceiling presents perfect opportunity to play politics. Just when you thought these guys couldn‘t get any more hypocritical, they out do themselves every day. I‘m very impressed. And their outrageous hypocrisy on the debt ceiling, is our con job of the day. OK. I like the music.

Posted in Accountants CPA Hartford, Articles | Tagged , , | 4 Comments

Republicans vote to end Medicare. Party’s over. Is Obama finally fired up and ready to go?

Visit msnbc.com for breaking news, world news, and news about the economy

Republicans voted to end medicare today, April 15, 2011. All but four (4) Republican congressmen and congresswomen voted for Paul Ryan’s budget proposal to privatize medical insurance for seniors, retirees, and people too sick or too old to qualify for private insurance, leaving them to die in Spartan fashion as cast offs, in order to give another big tax break to the rich, lowering the highest marginal tax rate from 35% to 25%.

We are now witnessing a radical ideology of politics, as evidenced by this budget act, regressing all of America’s progress and undoing not only Lyndon Johnson’s Great Society but also Franklin Delanor Roosevelt’s New Deal. Social security is next on the Republican idealogues radar screen to privatize, even though social security and medicare are programs that you, the taxpayer, have been paying for in the form of payroll taxes all of your working lives. It’s the Sheriff of Nottingham stealing from the poor to give to the rich! The GOP will now steal your medical retirement fund and next your pension plan to give to the elite rich, as it did with TARP, taking your tax dollars to pay for the financial losses of the Wall Streeters. Isn’t America a great country?

CENK UYGUR, HOST: Good evening. I‘m Cenk Uygur. We‘ve got a huge show for you tonight. You do not want to miss the Matt Taibbi in the second half of this show. It is amazing what he has found out.

But first, we start with the Republican Party voting to end Medicare today. Really, they did.

They would replace it with vouchers. There would be no more guaranteed benefits.

Congratulations, you‘re on your own with the Republican plan. But lucky, it won‘t become law, because President Obama put his foot down on that and said it won‘t happen on his watch.

This GOP all got on board the crazy, possibly politically suicidal train driven by Congressman Paul Ryan. Democrats tried to help a brother out by warning the Republicans.

(BEGIN VIDEO CLIP)

REP. NANCY PELOSI (D-CA), MINORITY LEADER: I want to say to my Republican colleagues, do you realize that your leadership is asking you to cast a vote today to abolish Medicare as we know it?

(END VIDEO CLIP)

(BEGIN VIDEO CLIP)

UYGUR: You can‘t say they didn‘t warn you. I don‘t know why Republicans believe killing Medicare is a winning issue when more than three-quarters of Americans think it shouldn‘t be touched under any circumstance.

But, hey, it‘s your political funeral. Have at it.

Two hundred and thirty-five Republicans voted to privatize Medicare and lower tax rates for the wealthy and for corporations. I don‘t get it. Didn‘t they already have the rich vote locked up?

OK. All right. Have at it.

A hundred and nineteen Republicans voted to cut Medicaid and raise the retirement age for Social Security. That was in an even more radical right-wing proposal that they also voted on today.

So that‘s the agenda of the GOP. And that‘s what President Obama will use against them as he begins to kick off his re-election campaign.

He made a splash last night with a fundraiser that reportedly earned him a quick $2 million. Not bad for nice work. But what made real news were some fiery comments about Republicans that were made off-mike, but were accidentally recorded back at the White House.

(BEGIN AUDIO CLIP)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: And I said to them—I said, “Let me tell you something. I spent a year and a half getting health care passed. The notion that I‘m going to let you guys undo that in a six-month spending bill, I said, “You want to repeal health care? Go at it. We‘ll have that debate.”

You‘re not going to be able to do that by nickel-and-diming me in the budget. Do you think we‘re stupid?

(END AUDIO CLIP)

UYGUR: Damn. All right. The president is getting serious. He then unloaded on Congressman Ryan.

(BEGIN AUDIO CLIP)

OBAMA: So, and when Paul Ryan says his priority is to make sure that we‘re, you know—I mean, he‘s just being America‘s accountant and trying to, you know, be responsible. See, this is the same guy who voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill but wasn‘t paid for.

(END AUDIO CLIP)

UYGUR: Man, I wonder if Paul Ryan is going to cry about that too. Remember last time? He‘s like, hey, he was unfair to me. Why did he do that to me?

So I‘m looking forward to his response here.

Now, that was at an event for donors. But I hope we get to hear more of that in public from the president. He‘ll have an opportunity next week when he hits the road to sell his plan for the budget and his vision for America.

And when you look at those comments, I‘m telling you, now we‘re having fun. It‘s refreshing to see Democrats fight back. And as the president would say, go at it.

Joining me now is Congressman Jim Moran, Democrat from Virginia, and member of the Progressive Caucus, who also serves on the Appropriations Committee.

All right. Congressman Moran, this Medicare vote appears to be disastrous for the Republicans. What is the Democratic plan for beating them over the head with it?

REP. JIM MORAN (D), VIRGINIA: I think just telling the truth. You know, the truth will set you free, Cenk.

The idea that you would give the average millionaire a $200,000 tax cut and then pay for it by charging 33 seniors $6,000 more a year for Medicare is just beyond imagination. I mean, if the Democrats wanted talking points for a campaign, they just wrote them for us.

You know, we‘ve been trying to be as reasonable as possible. Nobody is trying to be Robin Hood here. But on the other hand, the Republican Ryan bunch is like a sheriff of Nottingham budget. They‘re giving to the poor—they‘re giving to the rich and taking from the poor.

UYGUR: You know what?

MORAN: Yes?

UYGUR: We could use a little Robin Hood. OK. But we‘re not getting that.

But now, look, here‘s what I don‘t understand. If you look at the polls, 76 percent of Americans say that they do not want Medicare cuts at all. They describe them as unacceptable.

So what‘s the Republican rationale here? Do they think we‘re going to get so much money from the rich and from corporations, and we‘re going to run all these ads against the Democrats, so it doesn‘t really matter how much we defy the will of the people? I mean, what‘s their battle plan here?

MORAN: Well, I can‘t speak for them. Obviously, I can‘t even think like them. I can‘t get in their head. I don‘t know what motivates them.

You know, granted, we‘re all capitalists, but this country, at least since the 1930s, it‘s tried to have a kind of a form of caring capitalism because strict capitalism just doesn‘t work. You concentrate too much wealth in the hands of too few. And the many don‘t have enough just to keep the economy going.

But this is like something out of a Dickens novel, what the Ryan budget does. And it‘s unsustainable. It‘s not good for our economy. And we‘re already at a point of no return.

When one percent of Americans own close to half of the nation‘s wealth, and they‘re making about a quarter of the nation‘s income, and the bottom 90 percent are sucking wind—in fact, the medium wage has gone down—you know there‘s something wrong. But what‘s wrong is not that we‘re taxing the wealthy too much, it‘s that we‘re not investing enough in the middle class and those struggling to get into the middle class.

UYGUR: You know, Congressman, we‘re now at the lowest tax rate as a percentage of GDP since 1931. So when they keep saying we don‘t have a revenue problem, that is just flat-out wrong. We do have a revenue problem.

But when it comes to Medicare and protecting that, it seems like it‘s a huge issue for the Democrats, obviously. The president says he‘s drawing the line, he won‘t let them do a voucher. But, on the other hand, he has said that he is willing to cut Medicare to some degree.

Is that also a bad idea? Why go in the Republican direction at all in this case?

MORAN: Well, what he‘s talking about is the so-called Medicare Advantage plan that the Republicans brought in when they were in charge of the—in the majority in the Congress. It gives incentives to insurance companies.

It‘s sort of a way of privatizing Medicare. But the problem is they‘ve been taking about 20 percent of the money for administrative costs and profit. And I think that‘s what he‘s talking about.

UYGUR: Congressman, let me interrupt here, because that‘s really important. Medicare Advantage, yes, you‘re right. It‘s a total waste of 20 percent.

Is that all the president is talking about, just getting rid of Medicare Advantage? Because if it is, I could live with that in a second.

MORAN: Well, the Health Care Reform Act, it really will reduce the cost of Medicare because it reduces the cost of health care across the board. What we want to do is to reduce the number of specialists that keep having to—they put you through an x-ray every time they see you. They need to do another MRI. They need to do their own specialist tests.

We want to have more general practitioners. We want to look at the entire patient and carry those medical records from physician to physician.

And we want to be more careful about the gatekeepers—you know, people that are responsible for the whole person. And we want to give incentives to hospitals to do the right job the first time around and disincentives for hospitals that keep bringing people back for the same illness.

UYGUR: Right.

MORAN: And those things will start kicking in, in 2014. That saves Medicare money and it makes us healthier. So it‘s the right way to go about it. Certainly not the Ryan way.

UYGUR: Right. No, that does make sense. I‘m actually encouraged by that.

Virginia Congressman Jim Moran, thank you for your time today. I really appreciate it.

MORAN: Any time, Cenk. Thank you.

UYGUR: All right.

Now let‘s bring in MSNBC political analyst Jonathan Alter, and author of the national best-selling book “The Promise,” about Obama‘s first year in office.

Jonathan—

JONATHAN ALTER, MSNBC POLITICAL ANALYST: Hi, Cenk.

UYGUR: — let‘s go back to the Republicans. It‘s great to see you here, by the way.

ALTER: Great to see you.

UYGUR: So what‘s the strategy here? Is it just to collect more donor money? Is it to move the political spectrum? Because this doesn‘t seem like smart strategy at all.

ALTER: It really doesn‘t. I mean, I think they‘re in the grip of an ideology.

What David Stockman told me last week was, “a religious obsession.” They believe in the religion of tax cuts, even when the country is facing bankruptcy. So they want to take those top rates all the way down to 25 percent.

That‘s part of the Ryan plan that hasn‘t gotten very much attention. They essentially want to—and I say this—you know, Cenk, you and I have argued about—because I‘m a little bit more of a moderate Democrat. But I say this in all seriousness—they want to repeal the New Deal and the Great Society.

That‘s what this vote does. It takes us back to the 1920s.

So the question for Democrats is whether they have the chops to get

the Congress back, take this to the country, and explain this is a radical

and I believe they should use that word, “radical,” over and over and over again—this is a radical Republican attempt to repeal much of the 20th century social contract that we established in this country.

UYGUR: Jonathan, I actually loved how Congressman Moran framed it just a minute ago when he said it‘s the sheriff of Nottingham bill. And it really is. And it seems like a disastrous strategy for the Republicans.

(CROSSTALK)

ALTER: Well, bot necessarily, because the Democrats have to execute.

And if they can‘t—

UYGUR: Right.

ALTER: If they can‘t, they should find another line of work.

UYGUR: No, that‘s exactly it.

ALTER: But they have not been very good—and you and I have talked about this in the past—Democrats have not been very good at the basic blocking and tackling of politics. And here they‘ve been given a huge gift.

I didn‘t expect the Ryan plan to be nearly this bad, nearly this advantageous for Democrats. But I‘m not fully confident that the Democratic Party is going to be able to grab this, find the right sound bites, slogans, frames to drive this home. Sheriff of Nottingham doesn‘t quite work, and a little too literary to translate all the way to the bulk of the American people.

Repeating the word “radical” 10,000 times, that might begin to get the message home. And that they‘re killing—

(CROSSTALK)

UYGUR: No, I hear you on that. I hear you on that.

But, look, we saw encouraging signs today from Congress where Democrats fought back. Nancy Pelosi had some good, strong words. You see some other congressmen with good, strong words. But you know what it hinges on, the place you cover, the White House.

If the White House comes out swinging—I mean, you saw it behind the scenes today with President Obama. If he does that in public, it seems like they can steam-roll him. But if the president comes out and starts going towards the Republican direction, isn‘t that going to undercut that strategy?

ALTER: Well, first of all, there‘s a long time between now and the election. And to come out swinging every day to satisfy those of us who like to see the president land a punch would not be good tactics. So they need to think about how to handle this.

A lot of it is just driving a message. It‘s not necessarily landing punches. It‘s getting a certain argument across so that everybody in the United States, whether—it has to be repeated ad nauseam—knows that the Republican Party now stands for killing Medicare.

That is not an exaggeration, a distortion. They will try to say, oh, no, no, no, our voucher program doesn‘t kill Medicare. It does.

“The Wall Street Journal” said it “ends Medicare.” So after many years where Democrats kind of cried wolf about Republicans wanting to, you know, throw granny into the snow, this time that‘s what they have just voted to do.

UYGUR: Right.

ALTER: And so it‘s important, I think, for Democrats who may have cried wolf too much on this. They don‘t want to be against all reform of Medicare. I don‘t agree with you on this.

There are certain things about entitlement programs that need to be changed. And it‘s not realistic to say that these programs should be preserved in amber just the way they were when they were enacted. But that‘s not what the Ryan plan does.

UYGUR: Well, that‘s not what I‘m saying though, Jonathan. No, no, no.

(CROSSTALK)

UYGUR: Now, look, if you want to talk about Medicare Advantage, no problem. I love what they did with that in health care reform.

ALTER: Right. But, see, we can also talk about, say, for people who are not engaged in manual labor, if they want to raise their retirement age on Social Security a little bit to save hundreds of billions of dollars —

UYGUR: No. No way.

ALTER: Reasonable People can disagree on that, Cenk. But the point here is about—

UYGUR: No, but they‘re giving away their whole advantage, Jonathan. Why would you go to cut Social Security when you just said the Republicans handed them a huge gift?

(CROSSTALK)

ALTER: Because you‘re talking about a smart, slippery slope here.

UYGUR: We can talk about that. But no way would I raise Social Security retirement age. I think that would be crazy if the Democrats did that.

ALTER: You might have to do it.

UYGUR: No.

ALTER: I don‘t think it‘s a smart thing to do before the election, but as an intellectual point, there are going to have to be changes.

But it‘s important, Cenk, to understand the distinction between reasonable changes which reasonable people can disagree about, and killing Medicare, which is what this does. And by the way, if they win the next election, they will also privatize Social Security the way this bill privatizes Medicare.

So, that‘s where I and a lot of other people get off the bus. But it‘s not necessary to preserve everything except Medicare Advantage.

There are things—and the president has said this—there are things that are going to have to be reformed in Medicare. That doesn‘t mean, though, that you‘re with the Republicans, who want to kill it. So, the important thing tactically here and politically, is that people understand the distinction between reform and killing these programs, which is what the Republicans have just voted to do.

UYGUR: All right. We‘ve got to leave it right there.

Jonathan Alter, thank you so much for joining us.

ALTER: Thanks, Cenk.

UYGUR: All right.

Posted in Accountants CPA Hartford, Articles | Tagged , , , , | Leave a comment

Deja vu all over again? Paul Ryan’s plan to end medicare is just another example of voodoo economics to give to the rich

Paul Ryan’s budget plan to cut Medicare so the rich can get another big tax break spells disaster for all of those Republican candidates from districts with heavily populated seniors.  The rich have already received huge tax breaks from the Republicans:  the highest marginal tax rate is only 33%; and the capital gains rate is only 15%.  Recall that under the last Republican President to ever balance a budget, the highest marginal tax rate was 91%.  That was under Dwight Eisenhower.  Since then evolved the capital gains rate, allowing the rich to only pay tax on all of their stock sales of only 15%!  Of course, the idle rich don’t have to work.  Consequently, middle class Americans have a higher effective tax rate than the rich.

The Republicans are once again trotting out nonsense that giving the rich even more tax breaks will create jobs.  LOL!  If you believe that one, I got a great used car that you need to buy!  Recall that under Bush’s big tax break for the rich, America lost millions of jobs, and continues to lose more jobs everyday, with the rich investing in multinational corporations which are hiring overseas, because people in China are willing to work for $.25/hour.  So as long as you are making more than $.25/hour, don’t believe any jobs will be created here by reducing taxes even further on the rich.

Under Ryan’s plan, the highest marginal tax rate on the rich will decline to 25% from 33%.  Wow!  And recall that the rich no longer pay an estate tax on wealth of as much as $10 million, and that the estate tax has been reduced from 55% to 35%.  The American public, however, continues to be duped by this nonsense, thinking they will benefit, too, from these tax breaks, but don’t believe it.  The deficits created by the rich not contributing their fair share has resulted in massive deficits, which are a hidden tax and will be passed onto the middle class.

As Warren Buffett said, “there’s class warfare, all right.  But it’s my class, the rich class, that’s making war, and we’re winning.”  And they are winning through spreading this nonsense economics propaganda through the news media and through paid political mouthpieces of the rich.  Remember trickle down economics?  How if you reduced taxes on the rich, the wealth will trickle down to you?  Well, income has transferred significantly over the past 30 years, but not to the middle class, but to the rich.  And it is because the American public has bought into this rhetorical B.S. for decades.

Now the Republicans want to eliminate your entitlement programs of social security and medicare.  But these are entitlement programs, monies that you are entitled to, since you have been paying through payroll taxes over 40 years for your pension and medical care when you will be unable to buy private insurance because you will be too old and sick, and, consequently, too much of a risk for private insurance companies.  But the Republicans want to take these monies from you and give them to the rich in the form of another tax cut, screaming that unless you do so, the country will go bankrupt.  However, the country won’t go bankrupt if we raise the taxes on the rich and cut military spending. 

Why does the U.S. have to contribute 46% of the total world’s cost of military spending, when there are so many other nations in the world?  Why?  Because defense contractors have been gouging the American public hundreds of billions of dollars every year with needless defense contracts, making the stockholders of these companies even wealthier.  Remember that only 5% of our country owns 95% of these stocks.  And those funds are going for the protection of these multinational corporations’ assets, owned by the rich.  These multinational corporations have invested trillions of dollars overseas in fixed assets, and they require an international police force to protect their fixed assets from expropiation from foreign governments.  But the rich do not want to pay for the cost of protecting their own overseas investments; nah, they want you, the middle class, to pick up the tab.  They figure you are too stupid not to see through their rhetoric of voodoo economic scare tactics:  in the 1980s, the line was if you give huge tax cuts to the rich, it will trickle down to you; now it’s if you want jobs to come back to America, you have to give the rich even bigger tax breaks.  

Apparently the Republicans believe that you have already forgotten about the TARP bailout of the Wall Street crooks a couple of years ago, leaving you to pay for their trillion dollar rip off.  What was the voodoo economics behind that bailout:  oh, they were too big to fail.  If we didn’t absorb their losses, our country would go bankrupt.  Sound familiar?!  Now it’s, if we don’t end medicare and give tax cuts to the rich, we will go bankrupt and jobs will never come back.  What’s next?  We’ll develop warts on our hands?

So when are you, the average American taxpayer, going to demand change from your government?  Are you going to continue to make the rich even richer, buying into the scare tactics of the radical right, representing the rich?  Are you buying into, once again, their voodoo economic nonsense?

Wake up, America.  It’s your wallet.  And never forget, it’s class warfare, and they’re winning!

The Barefoot Accountant

Accountants CPA Hartford, Connecticut, LLC

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , | Leave a comment