Connect with us

Uncategorized

Claire McCaskill politicizes Joplin, Missouri disaster.

Published

on

Senator McCaskill ended speculation whether or not she was behind in polls for her re-election Wednesday after chiding Majority Whip Eric Cantor from the floor of the United States Senate and using the disaster in Joplin, Missouri as a political football.

In a statement, Senator McCaskill chided Majority Whip Eric Cantor’s call to ensure there would be offsets for disaster spending.

To make such an outrageous statement on the floor of the United States Senate may indicate Claire running significantly behind both Republicans Sarah Steelman and Todd Akin.

If you were to hear Senator McCaskill’s side only you would undoubtedly buy into what may be her only campaign strategy for the upcoming election: paint Republicans as heartless greedy individuals without care in the world for the average citizen.

Being a media built darling, of course, allows her freedom to make such claims without many facts. Such is the case here.

Truth is House Republicans consider FEMA funding a high priority and passed the necessary funding increases and cuts they day before Senator McCaskill made her statement.

According to Cantor spokes person federal funding for disaster relief is a top priority and FEMA funding will run out by years end and programs were already terminated in an effort to add over 1 Billion in additional funding.

What were the specifics off sets? Unused money from the DOE vehicle loan program.

In a press release dated May 24th, 2011 House Appropriates Committee Chairman Hal Rogers explained expanded FEMA funding in an effort to allow for recent natural disasters, which passed with bipartisan support out of committee on Tuesday :

As part of the Homeland Security bill, the Committee passed an amendment – offered by Subcommittee Chairman Robert Aderholt – to add $1 billion in funding for the Federal Emergency Management Agency’s (FEMA) disaster relief fund, offset by funding reductions from the under-performing Advanced Technology Vehicles Manufacturing Loan Program at the Department of Energy. The additional FEMA funds are necessary to continue to respond to devastating natural disasters – including the recent tornados and flooding in the Midwest and South. In contrast, the vehicle loan program at DOE currently has $4.2 billion in unspent funding that has been available since 2008 – including at least $2 billion more than the program applicants have applied for.

So, contrary to Senator McCaskill’s claims, a funding shell game is not being played. Money is being directed to help Americans who are in the most dire need, as it should be.

In fact, legislation passed out of committee the day before by cutting unspent money, something Senator McCaskill should be proud of if she was a real fiscal conservative. However, as most Missourians know, she is not.

The truth is, FEMA funding will pass unless Democrats in the Senate try to kill any such legislation by demanding the unspent DOE money be restored. After all, there is a need to continue the narrative that Republicans are all heartless meanies, right?

 

Enhanced by Zemanta

Continue Reading

Uncategorized

Wealth is not Created at the Top: It is Only Devoured There

Published

on

The UK has left the EU and we can argue about the minutiae of Wealth until we’re blue in the face. But the overriding factors are apparent and in one of the richest countries in the world it is shocking that so many people can’t even be sure if they are going to be able to eat enough today or provide for their loved ones.

These days, politicians from the left to the right assume that most wealth is created at the top. By the visionaries, by the job creators, and by the people who have “made it”. By the go-getters oozing talent and entrepreneurial-ism that are helping to advance the whole world – Opinion by 

wealth3

… across the spectrum virtually all agree that wealth is created primarily at the top and so entrenched is this assumption that it’s even embedded in our language. When economists talk about “productivity”, what they really mean is the size of your paycheck. And when we use terms like “welfare state”, “redistribution” and “solidarity”, we’re implicitly subscribing to the view that there are two strata: the makers and the takers, the producers and the couch potatoes, the hardworking citizens – and everybody else.

Bankers, pharmaceutical giants, Google, Facebook … a new breed of  rentiers are at the very top of the pyramid and they’re sucking the rest of us dry

wealth1

In reality, it is precisely the other way around. In reality, it is the waste collectors, the nurses, and the cleaners whose shoulders are supporting the apex of the pyramid. They are the true mechanism of social solidarity. Meanwhile, a growing share of those we hail as “successful” and “innovative” are earning their wealth at the expense of others. The people getting the biggest handouts are not down around the bottom, but at the very top. Yet their perilous dependence on others goes unseen. Almost no one talks about it. Even for politicians on the left, it’s a non-issue.

To understand why, we need to recognise that there are two ways of making money. The first is what most of us do: work. That means tapping into our knowledge and know-how (our “human capital” in economic terms) to create something new, whether that’s a takeout app, a wedding cake, a stylish updo, or a perfectly poured pint. To work is to create. Ergo, to work is to create new wealth.

wealth4

But there is also a second way to make money. That’s the rentier way: by leveraging control over something that already exists, such as land, knowledge, or money, to increase your wealth. You produce nothing, yet profit nonetheless. By definition, the rentier makes his living at others’ expense, using his power to claim economic benefit.

But here comes the rub. Most rentiers are not as easily identified as the greedy banker or manager. Many are disguised. On the face of it, they look like industrious folks, because for part of the time they really are doing something worthwhile. Precisely that makes us overlook their massive rent-seeking…

CONTINUE READING HERE:

The problems we face are that the politicians are firmly in the hands (pockets) of the uber wealthy. We live in a corporate plutocracy and those holding all the wealth and therefore power have no intention of changing the status quo, even if it isn’t sustainable. They remind me of bacteria (or cancer) devouring the host body more and more even though eventually it will kill them too.

Continue Reading

Uncategorized

Donald Trump Forgets Important Lesson From Grandad:

Published

on

By

Harper’s Magazine reprints an interesting letter from US President Donald J. Trump’s own grandfather that may get you thinking. Here is it then:

The Emigrants – By Friedrich Trump – From a letter written in 1905 by Friedrich Trump, Donald Trump’s grandfather, to Luitpold, prince regent of Bavaria. Trump had been ordered to leave Bavaria for failing to complete mandatory military service and to register his initial emigration to the United States twenty years earlier.

logoBlack

Prince Luitpold rejected Trump’s request for repatriation; the family later settled in New York. Translated from the German by Austen Hinkley.

Most Serene, Most Powerful Prince Regent! Most Gracious Regent and Lord!

I was born in Kallstadt on March 14, 1869. My parents were honest, plain, pious vineyard workers. They strictly held me to everything good — to diligence and piety, to regular attendance in school and church, to absolute obedience toward the high authority.

After my confirmation, in 1882, I apprenticed to become a barber. I emigrated in 1885, in my sixteenth year. In America I carried on my business with diligence, discretion, and prudence. God’s blessing was with me, and I became rich. I obtained American citizenship in 1892. In 1902 I met my current wife. Sadly, she could not tolerate the climate in New York, and I went with my dear family back to Kallstadt.

The town was glad to have received a capable and productive citizen. My old mother was happy to see her son, her dear daughter-in-law, and her granddaughter around her; she knows now that I will take care of her in her old age.

But we were confronted all at once, as if by a lightning strike from fair skies, with the news that the High Royal State Ministry had decided that we must leave our residence in the Kingdom of Bavaria. We were paralyzed with fright; our happy family life was tarnished. My wife has been overcome by anxiety, and my lovely child has become sick.

Why should we be deported? This is very, very hard for a family. What will our fellow citizens think if honest subjects are faced with such a decree — not to mention the great material losses it would incur. I would like to become a Bavarian citizen again.

In this urgent situation I have no other recourse than to turn to our adored, noble, wise, and just sovereign lord, our exalted ruler His Royal Highness, highest of all, who has already dried so many tears, who has ruled so beneficially and justly and wisely and softly and is warmly and deeply loved, with the most humble request that the highest of all will himself in mercy deign to allow the applicant to stay in the most gracious Kingdom of Bavaria.

Your most humble and obedient,

Friedrich Trump

… Well then. Long ago, yes.. Still applies? You tell me.

Continue Reading

Trending