It's My Party
2008-10-08 - 1:26 p.m.
The weather spiked yesterday again, back up into the 100s. There are now reports that it will go down in time for the weekend.
I hope so. I have many things to do on my days off, and I'd like to do them without roasting.
Still think the rich don't pay their fair share in taxes? You're not alone - according to a 2007 Gallup poll, 66% of the people polled agree.
Take a look at this article from the Wall Street Journal, which compares the impact of the McCain and Obama tax plans. Here's the money quote (so to speak):
According to the Tax Policy Center, a joint venture between the Urban Institute and Brookings Institution, around 78% of the McCain tax cut would accrue to the top fifth of income earners, with almost 30% going to the highest 1%. This seems inequitable on its face, a point the Obama campaign and the press focus on [...] As it happens, the top fifth of earners currently pay 67% of all federal taxes -- including not just income taxes, but payroll taxes, corporate taxes and death taxes. The top 1% of earners pay 26% of all federal taxes.
Now, Obama is quoted as saying he's going to "cut taxes for 95% of the American people". Now, what's interesting is 55% of income earners pay no federal income taxes - none. So that begs the question - how can you lower taxes for 95%, when 45% are paying it?
Barney Frank says that the criticisms Democrats are getting from Republicans about the housing crisis are racially motivated:
"They get to take things out on poor people," Frank said at a mortgage foreclosure symposium in Boston. "Let's be honest: The fact that some of the poor people are black doesn't hurt them either, from their standpoint. This is an effort, I believe, to appeal to a kind of anger in people."
There's no denial from Frank - he just pulled out the race card.
Oh, and Frank was skewered in a skit on SNL last Saturday...the skit the NBC now seems to be trying to remove all traces of from the internet.
Madonna has announced that Sarah Palin isn't welcome at Madonna's concerts. And then Madonna says "it's nothing personal". This from the same person who chewed out some men for not dancing:
"Are you f**k bored, sir? Why are you sitting? I'm busting my ass up here. Clap for me! My ego is bruised now!"
Real professional there, Madonna. I guess maybe she's recovering from some slight from her childhood: "I don't like you, so you can't come to my party. Nyahh nyahh!"
No word if Palin is crying her eyes out because she's been banned from the popular girl's shows. What's next, Madonna - gonna have people make sure Palin can't buy your CDs?
Time to move on.
Be seeing you.
1 comments so far
abby - 2008-10-09 19:15:41 - dragprincessnyc.livejournal.com
She did announce Tuesday night at the concert at MSG (I was in the 15th row) that she doesn't hate Sarah Palin's soul. And her telling people to get up and dance? Just typical Madonna script-speak. She says it at every show.
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