Posted on 12/20/2017 5:27:30 PM PST by Kaslin
Congressional Republicans may not celebrate the passage of the tax bill at the inside-the-Beltway equivalent of the Bada Bing, but Talking Points Memo editor and publisher Josh Marshall nonetheless likens them to some notable patrons of that fictional North Jersey strip club.
"The absolute need to pass something and to pass it fast led to a legislative process which was akin to driving the truck up to the loading bay and just taking everything. Looting. Or perhaps a mob bust-out," wrote Marshall on Tuesday. "One episode of The Sopranos was based on the 'bust out' idea. A guy got into debt to Tony. So Tony and his crew took over his business, started ordering goods that theyd then fence for cash When they couldnt squeeze anything more out of it they burned it down to collect the insurance money. News late last week that Paul Ryan will likely retire at the end of this Congress completes the tale. Take the money and run."
Marshall remarked that Republicans "could have done right-leaning tax reform -- basically, a revenue-neutral rooting out of distorting or unmerited tax loopholes and exemptions which are matched with a lowering of nominal rates," or "they could have done a straight up big tax cut," but "they didnt really do either," because policy, and the well-being of America, just aren't how they roll:
The cornerstone of contemporary Republican politics is a posture of reclamation and revenge, people who feel they are on the losing end of history and want to call a stop to whats happening. This doesnt lead to a forward-looking politics. On the cultural side of the equation, the voting strength of the GOP, its a politics that wants to reclaim things that were lost. On the elite/money side, the inevitable companion of this sort of political pessimism is the desire to cash in while theres still time.
The big picture is one of political pessimism and desperation leading to a public policy of generalized looting. Thats the story of this bill. Tax cuts are the driving force of elite Republican politics. The lack of a bill was demoralizing the donor class, driving down contributions. 2018 looks bad but with literally no major legislative accomplishments to show, maybe it gets even worse. So you need to pass something. Where do you get the votes? Sell them. Every man and woman for himself. Everybody take a few appliances out of the store before we burn it down. Thats the story of this bill. It doesnt even add up in conservative policy terms. Its really just a heist. Organized looting.
Also on Tuesday, Vox's Matthew Yglesias called the tax bill the "linchpin" of Republicans' "looting agenda" and argued that President Trump and Paul Ryan "have completely dissolved the norm against dishonesty to the point where there are no longer any whistleblowers in the Republican caucus or the world of conservative media. You just say whatever you want, and dole out favors to your friends -- moving at such a rapid pace that the countrys ability to process whats happening gets overwhelmed."
According to Yglesias
moral and political responsibility for the looting ultimately rests on the shoulders of the GOP members of Congress who decided that the appropriate reaction to Trumps inauguration was to start smashing and grabbing as much as possible for themselves and their donors rather than uphold their constitutional obligations.
But it really is true that in this case, the fish rots from the head
Trumps victory, rather than inspiring a bipartisan movement to check the new presidents worst impulses, caused the party to snap, with as many factions as possible reaching to toss a rock and grab what they can as long as the party lasts.
Sit down, take a deep breath and read what you have typed.
Talk to you in April of 2019. Not before.
Lowering the corporate rate has been talked about for years to be competitive with other counties that have lowered theirs. To libs, this is a “race to the bottom”. To close loopholes and lower the rates has been the conservative idea for just as long. How has this not been conservative? And what the Dem tax plan anyway?
ROTFL! Obama got away with “looting” America for eight years so what difference does it make? We’re used to it.
This has been a fabulous day!!! A reminder that the leftist are idiots and MAGA seems to be a fact.
As if, Bolshie policies don’t loot America.
20 Dec: CNBC: Patti Domm: This is just the start of companies handing out bonuses, raising wages and increasing spending
Expect a stampede of companies handing out bonuses, raising pay, spending on capital projects and giving to charities, with the windfall from the newly passed corporate tax cuts.
AT&T, Comcast and a handful of companies said they would use tax reform to give money to their employees and increase capital spending.
Wells Fargo and Fifth Third said they would raise their minimum wage. Analysts expect other banks to follow, as well as other companies that will get a boost from the tax law changes.
https://www.cnbc.com/2017/12/20/this-is-just-the-start-of-companies-increasing-spending.html
Words fail me on how asinine these people are.
“The absolute need to pass something and to pass it fast led to a legislative process which was akin to driving the truck up to the loading bay and just taking everything.”
Sounds like Obamacare.
Pretty broad statment to describe millions of Americans.
Disgusting, to be honest with you.
Here are some of the "thugs."
Liberals have an incredibly warped view of government that views people as stupid and selfish while viewing government as inherently good and beneficial to the People. You can not convince them that this delusional view of government is wrong. All we can and must do is defeat Liberals. We are in a cold civil war with Liberals. They understand this and that's why they fight us with everything they've got. We must do the same.
This is too hilariously ironic.
It was Obama who carried out the biggest ‘bust-out’ in history. putting the US many trillions in debt by rewarding his friends like Iran and pre-coup Egypt and left-wing activists.
They should know. They have enough experience doing it.
Yeah right. You know better.
>
Sit down, take a deep breath and read what you have typed.
Talk to you in April of 2019. Not before.
>
Considering the # of UNREAD pages of lawyer-speak, I suspect we’ll be talking about this far sooner than ‘19.
Still, regardless of the (D) talking points, the (R)NC *STILL* can’t counter a single one...Hell, they themselves used the ‘tax cuts needing to be *PAID* for’ lingo. Anyone remember any of ‘em boiling things down to their salient point(s)? *PFffttt*
IMO, it’s a hail-Mary to stem off the loses come ‘18; they haven’t done jack SH!T, but a bone to their corporate masters, they can ‘lose gracefully’....w/ full war-chests and pockets.
Only in the fever dreams of delusional leftists is stealing less of taxpayer’s money “looting”
Where did you get this bullshit? Stop listening and watching the fake news
After all, the deer belong to the King
All money in America belongs to us swamp dwellers to do with as we decide is best for everyone. When Congress decides to give it away to the wealthy people who have productive jobs, Congress is stealing it from its rightful owners, us.
There are some in FR that believe that crap because they get their news from the left wing media and they believe everything they are being told by them
Read the bill.
Read your 1040 and see what is there now and what will be absent in the future.
The AARP just met the Grinch.
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