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Ed Schultz: Bush Tax Cuts Absurd and Disgusting

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GoLeft TV Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:03 PM
Original message
Ed Schultz: Bush Tax Cuts Absurd and Disgusting
 
Run time: 07:30
https://www.youtube.com/watch?v=IUl_y9IFsdQ
 
Posted on YouTube: August 03, 2010
By YouTube Member: golefttv
Views on YouTube: 2
 
Posted on DU: August 03, 2010
By DU Member: GoLeft TV
Views on DU: 1217
 
Republicans are still beating the drum to continue the Bush tax cuts, even though history clearly shows that these tax cuts are bad for the economy, and helped put us in the situation that we're in today. Ed Schultz rips these brain dead conservatives a new one in last night's "Fired Up" segment.
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activa8tr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:17 PM
Response to Original message
1. I love Ed and his logical angry rants like this. However the Rethuglicons
will be brain dead to this... logic is not their strong suit.
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RBInMaine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:23 PM
Response to Original message
2. Ed is wrong on one point. MANY Dems including Obama HAVE been hitting the RePUKES on this. I will
however agree that now is the time to get a bit more unified in the message: Dems are for continuing to go FORWARD on helping the middle class, and RePUKES want to go backward to the Bush days and continue to help their rich greedy friends. Simple as that.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:46 PM
Response to Original message
3. the poor Republicans don't realize the cuts are only for the wealthy
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AlbertCat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 02:58 PM
Response to Original message
4. $3.8 trillion in the next 10 years.
Edited on Tue Aug-03-10 03:01 PM by AlbertCat
Oooooooo... big numbers!

Let's work with some numbers that people can relate to, shall we?

Bush tax cuts.... top %age... 35%

If the Clinton tax rate comes back due to the Bush tax cuts expiring, this gets raised to a whopping


are you sitting?



39.6% :wow:


uh...yeah...


This tiny raise is what all the hubbub is about. And if that small rise will actually generate 3.8 trillion in revenue over the next 10 years, I say raise it to 40%.
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breadandwine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 05:39 PM
Response to Original message
5. The idea that Obama is net savvy is really a myth. He really pays no attention to Ed.

He pays attention to his aging Beltway political consultants who haven't a clue and he pays attention to Glenn Beck and right wing radio. Radio. Because right wingers still haven't even figured out how to turn on a TV.

And computers? Dang! All them new fangled buttons! What IS that QWERTY mumbo jumbo!!!!!??????

Time was all ya needed was the on-off-volume and channel selector.

What's the world comin' to?



So, Mr. President. Pay no attention to Ed. What would he know? He ain't got no pitchfork.





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Stellar Donating Member (251 posts) Send PM | Profile | Ignore Tue Aug-03-10 06:29 PM
Response to Reply #5
7. Ed Shultz, the guy that said he sitting out the next election....
what the f**k! I'm not totally satisfied with everything that the president has said and done, but I'd have to go death and blind before then to stop me from voting democrat. What's his problem?! From the Bob Cesca blog...

But this from Ed -- this I really don't understand:

And I’m announcing today, I’m not going to vote in the midterms. I’m not going to do it. You can say it’s un-American. No, it’s rather revolutionary is what it is. I’m at that point. I’m checking out.
I’m checking out of the Democrats because they are proving to me that they don’t know how to handle these big babies over on the right that say no. You know what you do? You get in the driver’s seat, you hit the throttle, and you run over ‘em.



http://www.bobcesca.com/blog-archives/2010/08/no_sir_i_dont_l_6.html#comments
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crim son Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 06:56 PM
Response to Reply #5
8. I am guessing he doesn't have a hell of a lot of time to sit on his ass
and surf the web.
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LastLiberal in PalmSprings Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 06:29 PM
Response to Original message
6. Weren't these tax cuts supposed to be "temporary"?
Isn't that how the tax cuts were ultimately shoved through? Not as a permanent giveaway to the rich, but as a temporary measure that was absolutely necessary to solve the problem at hand (rich not having enough money). When they passed the law I told my wife that (1) the first thing the GOP would do would be to push to make the cuts permanent (they did -- Bush said exactly that the day after he signed the cuts into law) and (2) when the cuts were approaching their agreed-to expiration date the Repugs would yell that it would be a "tax increase," which is what is happening.

What is irksome is that the Dems are letting the Repugs frame the issue once more, and that in the spirit of "bi-partisanship" Obama will encourage some sort of compromise (i.e., give the GOP everything they want, even though they'll unanimously vote against it and claim he is shutting them out of the process). Anyone want to make a bet as to whether the tax cuts will expire as planned or will be extended into perpetuity?
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MikeMc Donating Member (636 posts) Send PM | Profile | Ignore Tue Aug-03-10 07:17 PM
Response to Original message
9. Thanks, E. S. and G.L.T.V. N/T.
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LaPera Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 09:48 PM
Response to Original message
10. Republicans don't want to see the deficit reduced - their ideology & agenda has always been to
Edited on Tue Aug-03-10 10:19 PM by LaPera
bankrupt the government to in order to gut & destroy ALL social programs and to stop any other new social programs like the much needed health care for all to be funded.

(And republicans war for corporate profits also help raise the deficit and hence gut social spending that the corporate republicans despise and would rather give to their corporations in subsidies (welfare) and government contracts from their wars).

If Bush tax cuts for the rich are allowed to expire it will put more than 4 trillion dollars back into the treasury in the coming years - enough to fund all social programs needs for workers, the middle class & small businesses....

Republicans don't want to see that happen....they'll lie, distort, smear and fight to the end rather then allow that revenue to come in.

Of course the republicans and the rich are also greedy and want more & more that money from the deficit raising unfair tax cuts given to the rich by the republicans.

But how many jobs have been created with Bush's tax cuts for the rich in the 10 years the rich have been receiving the unfair deficit causing tax cuts for the rich? Statistically: NONE!
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AC_Mem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:36 PM
Response to Original message
11. Can Democrats block this?
If the GOP tries to extend the tax cuts can the Democrats turn the tables and say no, delay with parliamentary procedures, delay debate and on and on until they expire? Can President Obama veto if they did manage to get something passed to extend them?

We need to be making calls and sending emails to our representatives on this issue. We need this income to help our economy. It was a 10 year plan and the time is up.

Funny, they want to obstruct every single thing that they don't want and now are having a hissy fit about wanting to pass something that they do want. This shows their character and intent. They aren't speaking for the working class people, we are already paying our fair share. These hypocrites will speak out of one side of their mouth about the deficit and the other side of their mouth about extending the tax breaks for the rich!

VOTE - PLEASE PLEASE, EVERYONE PLEASE VOTE. Help our President and the democrats so they can do their job. Please don't give up on them; I think they are getting stronger every day. Its been less than 2 years and we have gotten so much accomplished that isn't even talked about. If we can get behind them we can give them strength to keep fighting the obstruction. Please vote.

Thank you...
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