![Two Historic Days]()
by Art Smith
Today we celebrate the birth of one of the icons of our nation: Dr. Martin Luther King, Jr. I shared some thoughts last year, which remain as they are, but I never imagined at that time the course that history would take between these two celebrations of his birth.
There are days that I still find myself seeing even more deeply just how depraved we have been as a nation. I've been studying our history this past year, and find that in the midst of a hundred other events in the course of time we have been surrounded by our constant failure to give all people the respect and opportunity they deserve. Although I would contend that we have done what should be done by government to bring dignity and equality to the masses, I know that many would be quick to disagree. It would be interesting to hear the opinions of those like Condoleezza Rice, Barack Obama, Clarence Thomas, all of whom have lived through the years of dramatic change in out society and have been in roles where they can see many of the aspects of the society's changes in judicial, legislative and education worlds.
I consider myself, as well as the whole nation, indebted to Dr. King for his sacrifice in carrying the message of our social failure and need for transformation to the leaders and people of our country. It still makes me sad to think he died so young (he was only 39), but he had already successfully lit the fire of reform in the hearts of many people, both black and white.
It surprises me that racism is still such an unfettered evil in our society. It pains me to think that people can still look down on others for any reason. But we have frail feelings, frail hearts, frail souls... we are difficult to mend.
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Tomorrow the 44th President of the United States will be inaugurated. The first African-American to be President.
I don't agree with Mr. Obama on some key policy areas, and that is not likely to change. But I do hope that he is successful in his role as President. For the [...]
![Two Historic Days]()
by Fersboo
The headline on the front page of yesterday's (Monday, January 12, 2009) Wall Street Journal read "Obama Plans to Keep Estate Tax". This is the opening salvo of President-Elect Obama's tax hike and wealth redisribution plan.
In 2009, estates of less than $3.5 million per person and $7 million per couple are exempt from taxation. The value of estates over that are taxed at 45%. Under current tax law, signed by President Bush in 2001, there is no estate tax in 2010. As I joke with my clients, if you're going to die, do it in 2010, because under current law, in 2011 the estate tax reverts to Clinton-era levels--a $1 million exclusion, with the rest taxed at 55%.
Here's why the estate tax, in and of itself is wrong. Congress has the Constitutional right to tax any and all sources of income. Sources of [...]
![Two Historic Days]()
by Fersboo
Here we are! 2009! What can we say?
2008 is gone and I think we're all grateful for that. Republicans had their hats handed to them, although Conservatives fared pretty well. And there's the difference. Moderate Republicanism is indistinguishable from the Democrats. If Republicans want to regain their stature in Washington and the state houses across America, they need to do it at the grass roots level and they need to return to Conservative values. Barack Obama is the President-elect not because of his microscopic resume, or because of the political cesspool he climbed out of, or the message of change and hope, because he represents neither. He won the national election because the Republican candidate was a moderate with a poorly-crafted message, and so since the two were indistinguishable, people chose the candidate that was younger, better-looking, and articulate. We can't do that again.
After 18 months of the media (and Obama) telling us [...]
by Fersboo
Two weeks ago today, the Obama Nation was gloating. Sweeping victories in the general election, Democrats now control the White House and both houses of Congress. Well, it's been two weeks, so that means it's time for me to get out of my fetal position, stop throwing up, an assess what's transpired since then.
In the last two weeks, there has been a steady stream of companies lined up at the Treasury Department's door to obtain "equity stakes" from the American taxpayer. I admit that I was one of the first (and few) to defend Treasury Secretary Paulson's and Federal Reserve Chairman Bernanke's bailout/rescue/money grab in an effort to shore up a global economy on the verge of total economic collapse. This was, and is, an unpopular position, because the consensus was, and is, that stupid management decisions should not be compensated for by the American taxpayer.
My argument [...]
by Art Smith
... for the most boring interview in history. Last night felt more like 3600 seconds. For those of you that missed it (lucky you), it was the big "first interview of the 44th President Elect of the United Stated". Steve Kroft, one-on-one with Obama for half the show, Michelle included in the second half (with a little time for Rooney).
Softball questions by Kroft... oh, wait a minute, he did press Obama mightily to reveal yet unannounced cabinet position appointments. Darn, Barack refused to slip up on that!
Why oh why do we care about Obama's position on college football playoffs?
Very little of what was discussed from a policy standpoint was any different than what we've heard on the campaign OR Obama just didn't provide a real answer. Auto industry? Let's see what happens. Gitmo? Shut it down... and as a commenter at James Hibberd's The Live Feed said, no follow-up from Kroft on an obvious question: what to do with the prisoners?
Economy: do [...]
