Anthony Samad: “Cliff hanging” allows Republicans to be relevant to the conversation, while at the same time be irrelevant to the solution.
Ted Vaill: The Bush tax cuts decreased the top personal income tax rate from 39.6% to 35%. A hypothetical millionaire who had $1,000,000 in adjusted gross income in each of the past 10 years benefitted by over $200,000. It is time for payback. Do it.
Ellen Brown: Victoria Grant said that banks create money “out of thin air” and lend it to people and governments at interest. If governments borrowed from their own banks, they could keep the interest and save a lot of money for the taxpayers.
Jim Rhodes: The Republicans claim they are for small government; but new legislation, not only in Washington but states controlled by Republicans, is obsessively concerned with what women can do with their reproductive systems.
Ivan Eland: I noted that if the United States continues to provide other nations’ security, they have no incentive to provide their own. After all, if someone offered to pay your mortgage, why would you pay it?
Ellen Brown: As Aristotle told this ancient Greek tale, Midas died of hunger as a result of his vain prayer for the golden touch. Today, the Greek people are going hungry to protect a rigged $32 trillion Wall Street casino.
Ivan Eland: With yawning American budget deficits and a $15 trillion national debt, it would save significant amounts of money to reduce the number of carriers and carrier air wings well below the excessive 11 and 10, respectively.
Ivan Eland: The good news is that if the committee can’t reach an agreement on the fiscal changes, or if Congress rejects its work, defense (including homeland security) and domestic programs have to take equal cuts.
Anthony Samad: The rise of the Tea Party wouldn’t have taken place had we had a white president. Blink if you want to…but the fact this has not happened to any other President has raised my “Race-dar,” beyond anything ideological battles could muster. Race(ism) has not disappeared in this country. It’s just been codified.
Steve Hochstadt: Our economic disaster is not about national debt, but about national poverty. America cannot be a great country, if we do not alleviate the critical economic problems gripping our poorest families.
Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.
Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.
Ted Vaill: In less than a month, unless they relent in their effort to destroy the American (and the world) economy to curry favor with their Tea Party wing, the Republicans in Congress will cause the American government to default on its debt, on August 2, 2011 or thereabouts.