Showing posts with label excitement. Show all posts
Showing posts with label excitement. Show all posts

Friday, September 23, 2011

Elizabeth ! Warren !! is back !!!!!!!!!!

Back in 2010, a writer named Brent Budowsky almost put himself in the hospital from just thinking about the nomination of Elizabeth ! Warren !! to a Consumer Protection boondoggle of some sort. 

Most of the rational world had a great time with his piece, an editorial in which Budowsky imagined peace in Israel, justice in this life, the lion laying down with the lamb, the Democrats rallying behind Obama, and other unlikely scenarios - all from the nomination of Elizabeth ! Warren !! to a bureaucracy. 

Elizabeth ! Warren !! is back, and she's running for the Senate.  Here's something she had to say a few days ago at a political rally:
There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you!


But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that maurauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea — God bless. Keep a big hunk of it.

But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.
Ok, let's look a little closer.....
Tax units in the lowest quintile (20%) pay 0.4 percent (of the total tax burden), while those in the second, third (or middle), and fourth quintiles pay 2.3 percent, 7.7 percent, and 17.6 percent respectively.


The top quintile pays 71.9 percent. The top 10 percent pays 55.9 percent while the top 0.1 percent pays 12.3 percent.
What it boils down to is that some very rich people have a lot of money, and Elizabeth ! Warren !! wants more of it.
Here's the pic that's currently making the rounds on Facebook, which I think sums up the situation nicely:


But wait !!!    It keeps getting better.  I found this parody here. 
Enjoy. 


Wednesday, September 15, 2010

More on Elizabeth ! Warren !!

Obama is considering a recess appointment of Elizabeth ! Warren !!

Now that the Saints have won a Super Bowl, could this possibly be next ?
Think of it....Elizabeth !  Warren !!