Legistlaters gonna legislate

Now that we've established that pizza is a vegetable and re-affirmed our national motto, lets get down to some serious work!

Of the people, but not for the people

This is it, folks... We've lost control of our government.

You guys will remember this little thing we liked to call the TARP, right? Everybody got their britches in a bundle over the "unprecedented" amount of $700 BILLION to be loaned to Wall Street to ostensibly avoid worldwide economic collapse.. Nobody liked it, but at that time, Bush was the lamest of ducks with at least one foot out the door and something [supposedly] HAD to be done.

That the economy eventually collapsed in every realistic and measurable way is irrelevant, but I certainly had to bring it up.

Notice my use of the quotes around "unprecedented" in the paragraph above. I use these quotes because there was plenty of precedence. In fact, the very same banks we bailed out were already into us for a LOT more than $700 BILLION at that time!

Prior to the TARP, the Fed had already made loans to the banks at a total cost that amounted to $7.77 TRILLION! In your face, puny little $700 BILLION.

Bullet points. Too frustrated to make paragraphs:

Magnitude

• $7.7 TRILLION is more than half the value of everything our country produced that year
• Our 6 largest banks turned their share into $13 BILLION in profit
• Morgan Stanley alone borrowed enough ($107 BILLION) to pay off a tenth of nation's delinquent mortgages
• Bank of America took $91.4 BILLION of these secret loans while simultaneously taking $45 BILLION from the TARP funds
• Banks that were declared too big to fail grew even larger
  
• Our largest banks enjoyed more profits in the last 2.5 years than they did in the 8 years preceding the crisis
• All the while, they continue to spend MILLIONS lobbying to derail or weaken laws designed to keep them in check
  

Transparency

• The loans to the banks were undisclosed
  
• The profits earned by the banks were undisclosed
• Shareholders, the "owners" of the banks were not told (Where did the profits go?!?)
  
• Taxpayers, the people that have given the authority to the Fed to watch over our money were not told
• Congress, which was actively writing an overhaul to our financial regulatory system was not told
• These loans were provided with no protections or guarantees for the taxpayers
  

THEY LOANED OUR MONEY VALUED AT MORE THAN HALF OF EVERYTHING OUR COUNTRY CAN MAKE IN A YEAR TO PRIVATE COMPANIES WITHOUT EVER TELLING ANYONE! The Fed knew, the Bank Managers knew. Not even the owners of the banks knew!

THIS is whyipaytaxes.
read more:Wall Street Banks Earned Billions In Profits Off $7.7 Trillion In Secret Fed Loans Made During The Financial Crisis(tp)

If this committee was 'Super', we're screwed

Bad news:

The congressional *ahem* "Super" Committee was unable to do as they were told and will not be proposing any suggestions regarding deficit reduction aside from the following advice:

Somebody should throw together some kind of a committee to figure this shit out!

Good news:

It was no one's fault! Feel free to vote for incumbents next year, because not one of the 12 people on the committee failed in their task. As it turns out, it was the other side that failed. Awesome!

Assembling a committee of professional politicians to solve a perpetual national crisis with a result of finger pointing and bullshit posturing...

THIS is whyipaytaxes.

Sarcasm-free TL;DR summary: Super committee convenes with only the advice that this problem should be dealt with, not ignored for future generations to fix and the Republicans blame the impasse on the Democrats who blame the impasse on the Republicans.

Some more good, solid legislatin'

If there is one thing you can count on our congress to do, it is some good solid legislatin' for the good of the people when we need it most... If you doubt me, I have a prime example from this past week.

In a congress where budgets cannot be balanced and the worldwide embarrassment of ignoring self imposed deadlines and slipping credit ratings cannot be avoided, a very important piece of legislation got passed this week:
Pizza is a vegetable. No vegetable toppings needed, the tomato paste counts as a vegetable for our school children. To be fair, they also agreed to keeping french fries on the menu and to delay a requirement to provide a minimum amount of whole grains in school meals, so they really are getting quite a bit done here.

I like to feel this pride in my government. I'm positively beaming and smitten with our fine congresspeople. But to be honest, this quality legislatin' didn't write itself. Oh, no. It was requested by the companies that provide pizza and french fries to schools. And without batting an eye, our congress came together in a moment of true harmony to put the hopes and dreams [prof-it mahr-jin] of these companies ahead of the health and well being of our nation's children.
(I realize that this 'change' is to avoid changing the rules from what has served us so well over the past decades. Wait... Did someone say something about an obesity epidemic?)

So remember fellow countrymen and women, if you want your children to grow up with strong bones and superior health - pizza with every meal! ...

THIS is whyipaytaxes.

Watch Jon Stewart put it into perspective: Superbad(tds)
My 2 favorite lines in his clip:
"Clearly you are in the pocket of Big Hot Pocket"
"It's not democracy, it's digiorno"

TO BE FAIR: It appears to be some kind of a superpower thing: The Russians recently did some of their own solid legislatin' and decided that beer isn't food.

Its been a good few weeks!: In money we trust(wipt)

In money we trust

As you may or may not have heard, there is some shit going down out there. If I am to understand things correctly, there are massive protests in many of the cities in America, our national deficit is surpassing numbers that were beyond wildest imaginations just a few decades ago, Europe is on the brink of economic catastrophe, we're still embroiled in at least one war right now, a minimum of 9% of our eligible work force can't find work, the Palestinians and Israeli's are still angry with each other, and I hear there are some untrustworthy motherfucker's out their with all sorts of guns, bombs and even a few working on nuclear weapons. I'm gonna go out on a limb and guess that there are many other things that could really use the full attention of the United States Government right about now.

But, no. OH no.

Our congress (approval rating = 9%) has got FAR more important shit to deal with here. After all, how can our country function if we don't take a time out to RE-AFFIRM our National MOTTO???

Yes, sadly, today, on the floor of the House, they brought up a motion, debated, and passed the reaffirmation of our national motto that was written in 1956: In God We Trust.

This was followed, nearly immediately, by a motion to mint coins to recognize the National Baseball Hall of Fame.

Well, I sure am glad we cleared THAT up...

THIS is whyipaytaxes.

Watch the video: Men Not At Work(tds)

It ain't tricklin' down folks!

According to the Congressional Budget Office, since 1979:
After-tax income increased by 275% for the wealthiest 1% of Americans
After-tax income increased by 18% for the poorest 20%

in 2005-2007, right before the Great Recession, the top 20% of the population earned more after-tax income than the entire bottom 80%...

The obvious case that some will make in light of these statistics is that they deserve it. They work harder, they make the right decisions.
Am I to believe that I am that much lazier and that much more ignorant?It feels like I work really hard every day; I'm certainly very tired at the end of a day...
I certainly don't see a 275% increase in my after-tax income ANYtime soon.

Maybe the wealth isn't trickling back down after all...

Don't get me wrong... I don't feel entitled to an increase in my income. If you think about it on a world wide scale, I live a pretty fantastic life full of wonderful toys and comforts beyond the wildest dreams of billions of people.

What drives me nuts is that a vast amount of the 'wealth' in this country has been pooled among 1% of Americans and they have turned our elections into a war of campaign donations while appointing themselves to positions of power so they can use tax payer's money to 'bail' each other 'out.'

They've even stopped paying a reasonable amount of taxes. Again, don't get me wrong, I'm a staunch opponent of high taxes for everyone and loathe big governments.

Alas, we all have to pay our share of taxes to keep the system going. It wasn't until GE paid absolutely $0 (ZERO) in taxes on $5.1 BILLION in profits in 2010 that I realized maybe, just maybe, not everyone was paying their share of taxes.

The statistics from our own government:
http://www.cbo.gov/ftpdocs/124xx/doc12485/10-25-HouseholdIncome.pdf

Congress is done! All problems solved...

Lets put on a show to celebrate!

Seriously though... I am truly stumped.

In an effort to bring attention to a matter that is already quite in the public's awareness, Congresswoman Zoe Lofgren invited and Congressman John Conyers authorized Stehpen Colbert to testify before the immigration subcommittee. The 'testimony' was based on the fact that Stephen supposedly spent a day picking vegetables with immigrants.

1.) You don't need to draw attention to the issue. Maybe you need to draw attention to a potential solution, but they don't have one. That wasn't their intent. Instead, they've highlighted their cluelessness.
2.) You don't use the floor of the Congress of the United States as a stage for comedians. I think Stephen is a comedic genius, and I love his character, but ... ... I mean, come on! The White House Correspondent's Dinner is bad enough, but at least that is an annual event designed for laughter at our government's expense.
3.) Congress ought to stop bringing in cable network stars, baseball stars, and other ridiculous celebrities and focus on the fucking job they are there to do. Yeah, its not an easy job, but thats precisely why we can't have them spending their time booking a goddamn talent show.

THIS is whyipaytaxes.

read more:
Stephen Colbert’s Congress visit called ‘sad commentary’(bh)
Colbert testifies to U.S. Congress(ifp)

Chip Bok

TRY VIAGRA

Here's another one of those things where I agree with the spirit of the law, but find it really fucking ridiculous that our Representatives and Senators have nothing better to do than to legislate what we in the land of the free can and cannot do.

Since Congress is bored with the economy, health care, war, other war, social injustice, environment, failing infrastructure, a country hemorrhaging manufacturing jobs, etc. etc., they decided it was time to tackle one of the truly monumental issues of our time:
Loud commercials.

Perhaps they could legislate that all remote control manufacturer's make a bigger mute button instead?

THIS is whyipaytaxes.

Read more: US moves to ban 'excessively noisy' TV advertisements (bbc)

Picking winners; choosing losers (pt. 3)

I knew back in October that it was a bad sign when the federal government started deciding which banks would succeed (with bailouts) and which banks would be allowed to fail. It seemed even scarier when the fed began deciding which industries it would help through these tough times while ignoring the others. Now the Fed has let all this power go to its head as it begins picking and choosing which facilities will be closed or remain open...

When the new GM team (You've seen the commercials we're paying for: They're not going out of business, they're getting down to business.) decided that the Norton parts distribution center in Massachusetts needed to be closed. It is not clear why they decided this center should be closed, but I'll bet it was more than a dart being thrown at a map of GM facilities.

However, there is a small chain of relevant circumstances that far outweigh their professionally analyzed conclusions which GM forgot to consider:
1.) Rep. Barney Frank represents Norton, Mass.
2.) Rep. Barney Frank heads the Financial Services Committee
3.) The Financial Services Committee pretty much owns GM now.
4.) Rep. Barney 'NIMBY' Frank doesn't like closing facilities in his district.

So, under the guise of being environmentally concerned, he visited the government-installed CEO GM employees calls boss, Fritz 'The Puppet' Henderson. In this meeting he explained to 'The Puppet' that he was just a puppet and that while just about anyone in our government can have a tug at his strings, Barney is one of the few puppet masters holding the strings up. Then, he explained that closing the facility in his district would increase global warming because those parts would have to be shipped to New England from Philadelphia instead. Not entirely inaccurate, but lets assume that in its place, the Phillie facility gets closed instead. Will that not mean that the Eastern Great Lakes region would have to get theirs shipped from New England?

And, of course, the boss gets what the boss wants. GM no longer finds it necessary to close that facility as a part of its re-structuring.

The government exerts supreme power over its new puppets under the guise of environmentalism, proving that regardless of what they say, our government IS in the business of running the automotive industry...
Not long ago, I respected Barney Frank.

THIS is whyipaytaxes.

I wish

Steve Kelley

Separation of Church and... Aw, screw it...

Nursing Grudges - Why do we protect the moral convictions of only some health workers?(slate)
Our Congress, who dutifully swore to defend the Constitution, which clearly states that there is to be a separation of Church and State, have decided to create legislation that allows medical professionals to refuse treatment based on "religious beliefs or moral convictions."

Of course, there is no provision for those whose moral convictions dictate that we don't dictate what people can and can't do.

THIS is whyipaytaxes.

Separation of Something and Something Else

When they were talking about the separation of Church and State, they must not have been talking about the state of Idaho.

Yes folks, our very House of Representatives floor was taken over for National Bible Week by Representative Bill Sali. Why don't you e-mail him and ask him about his thoughts on the Separation of Church and State?

National Bible Week on the House Floor by Rep. Bill Salli - R-Idaho

And a big Fuck You to those who pray on the Koran, or any other religion. But then again, if you ain't a Christian, you ain't really an American, are you?

THIS is whyipaytaxes.