Daily Topics - Wednesday November 10th, 2010
By shawnt56
Quote of the Day: The corruption of journalistic integrity is always bad, but it becomes obscene under conditions of extreme media concentration as now exist. - Robert McChesney, Rich Media, Poor Democracy 1999
Hour One: Have the Banksters taken down another country? Financial journalist Max Keiser, host of "The Keiser Report" on RT, will be here http:maxkeiser.com
Hour Two: "Inflated: How Money and Debt Built the American Dream" - Investment banker/risk analyst/author Christopher Whalen will be here www.rcwhalen.com
Comments
#2
And while we're at it, all earnings should be treated as income and taxed as such. Then maybe we could entertain cutting the tax rates on income.
#3
VERTICAL GREENHOUSES!
#4
Regarding social security there is one aspect that Thom seems to never mention that Ravi Batra points out in his book the Greenspan Fraud. When Reagan doubled the social security tax, he immediately used the money to offset the huge deficit created by his tax cuts for the rich. In addition, as Dennis Kucinich pointed out in the Presidential debates, Clinton would not have been able to claim a surplus if it were not for the social security tax.
#5
Vertical Greenhouse link:
you have to "dig" at the site to see the image (sidebar on blog page) -- worth the effort. This project could change the shape of things to come. Act now.
http://www.verticalharvest.org/
and for more like optimistic avenues forward check out this list:
http://www.greenamerica.org/greengrants/listofall.cfm
#6
On Wednesday you went on a rant about Social Security and how ending the cap could result in actually paying out a passable retirement income if Social Security was all you had. If I'm not mistaken, when Reagan made the change in Social Security, Medicare deductions which were a part of the Social Security deduction was now listed seperately, and I believe Medicare deductions are also subject to that same cap.. What if , that being the case, the cap was also removed from the Medicare deduction. I bet that in itself would almost be enough to fund a Medicare-for-all type single payer plan or at least a Public Option. What do you think?
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
Images of Thom
From The Thom Hartmann Reader:
"Thom Hartmann channels the best of the American Founders with voice and pen. His deep attachment to a democratic civil society is just the medicine America needs."
From Unequal Protection, 2nd Edition:
"If you wonder why and when giant corporations got the power to reign supreme over us, here’s the story."
From The Thom Hartmann Reader:
"Thom Hartmann is a literary descendent of Ben Franklin and Tom Paine. His unflinching observations and deep passion inspire us to explore contemporary culture, politics, and economics; challenge us to face the facts of the societies we are creating; and empower us to demand a better world for our children and grandchildren."
Regarding the rich paying into Social Security:
If the cap is eliminated, the rate could be cut to help small businesses and the working poor.