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Is soaking the rich fair?

Five Key Reasons to Reject Class-Warfare Tax Policy

Uploaded by on Jun 15, 2009

President Obama and other politicians are advocating higher taxes, with a particular emphasis on class-warfare taxes targeting the so-called rich. This Center for Freedom and Prosperity Foundation video explains why fiscal policy based on hate and envy is fundamentally misguided. For more information please visit our web page: www.freedomandprosperity.org.

Is soaking the rich fair?

Soaking the Rich Is Not Fair

by Jeffrey A. Miron

Jeffrey A. Miron is Senior Lecturer and Director of Undergraduate Studies at Harvard University and Senior Fellow at the Cato Institute. Miron blogs at JeffreyMiron.com and is the author of Libertarianism, from A to Z.

Added to cato.org on September 2, 2011

This article appeared on The Huffington Post on September 2, 2011.

What is the “fair” amount of taxation on high-income taxpayers?

To liberals, the answer is always “more.” Liberals view high income — meaning any income that exceeds their own — as the result of luck or anti-social behavior. Hence liberals believe “fairness” justifies government-imposed transfers from the rich to everyone else. Many conservatives accept this view implicitly. They oppose soak-the-rich policies because of concern over growth, but they do not dispute whether such policies are fair.

But high tax rates on the rich are not fair or desirable for any other reason; they are an expression of America’s worst instincts, and their adverse consequences go beyond their negatives for economic growth.

The liberal hatred of the rich is a minority view, not a widely shared American value.

Consider first the view that differences in income result from luck rather than hard work: some people are born with big trust funds or innate skill and talent, and these fortuitous differences explain much of why some people have higher incomes than others.

Never mind that such a characterization is grossly incomplete. Luck undoubtedly explains some income differences, but this is not the whole story. Many trust fund babies have squandered their wealth, and inborn skill or talent means little unless combined with hard work.

But even if all income differences reflect luck, why are government-imposed “corrections” fair? The fact that liberals assert this does not make it true, any more than assertions to the contrary make it false. Fairness is an ill-defined, infinitely malleable concept, readily tailored to suit the ends of those asserting fairness, independent of facts or reason.

Worse, if liberals can assert a right to the wealth of the rich, why cannot others assert the right to similar transfers, such as from blacks to whites, Catholics to Protestants, or Sunni to Shia? Government coercion based on one group’s view of fairness is a first step toward arbitrary transfers of all kinds.

Now consider the claim that income differences result from illegal, unethical, or otherwise inappropriate behavior. This claim has an element of truth: some wealth results from illegal acts, and policies that punish such acts are appropriate.

But most inappropriate wealth accumulations results from bad government policies: those that restrict competition, enable crony capitalism, and hand large tax breaks to politically connected interest groups. These differences in wealth are a social ill, but the right response is removing the policies that promote them, not targeting everyone with high income.

The claim that soaking the rich is fair, therefore, has no basis in logic or in generating desirable outcomes; instead, it represents envy and hatred.

Why do liberals hate the rich? Perhaps because liberals were the “smart” but nerdy and socially awkward kids in high school, the ones who aced the SATs but did not excel at sports and rarely got asked to the prom. Some of their “dumber” classmates, meanwhile, went on to make more money, marry better-looking spouses, and have more fun.

Liberals find all this unjust because it rekindles their emotional insecurities from long ago. They do not have the honesty to accept that those with less SAT smarts might have other skills that the marketplace values. Instead, they resent wealth and convince themselves that large financial gains are ill-gotten.

Jeffrey A. Miron is Senior Lecturer and Director of Undergraduate Studies at Harvard University and Senior Fellow at the Cato Institute. Miron blogs at JeffreyMiron.com and is the author of Libertarianism, from A to Z.

 

More by Jeffrey A. Miron

The liberal views on fairness and redistribution are far more defensible, of course, when it comes to providing for the truly needy. Reasonable people can criticize the structure of current anti-poverty programs, or argue that the system is overly generous, or suggest that private charity would be more effective at caring for the least vulnerable.

The desire to help the poor, however, represents a generous instinct: giving to those in desperate situations, where bad luck undoubtedly plays a major role. Soaking the rich is a selfish instinct, one that undermines good will generally.

And most Americans share this perspective. They are enthusiastic about public and private attempt to help the poor, but they do not agree that soaking the rich is fair. That is why U.S. policy has rarely embraced punitive income taxation or an aggressive estate tax. Instead, Americans are happy to celebrate well-earned success. The liberal hatred of the rich is a minority view, not a widely shared American value.

For America to restore its economic greatness, it must put aside the liberal hatred of the rich and embrace anew its deeply held respect for success. If it does, America will have enough for everyone.

Locker room scene hits internet from Vol/Vandy game

I am involved with my relatives in a football pickem contest every week and the winner gets 50 dollars from a local newspaper. It is a fun time when we all get to pick the winners of 10 football games every week. I knew the Vandy at Tennessee game was going to be close this week, but I picked Tennessee because of the tradition that Tennessee has. I have discovered that many times the tradition rich team will find a way to win. (By the way, I also picked Oregon to beat Stanford too.)

One thing I was surprised to see a few days later was a scene from the Tennessee locker room hit the internet. Everyone knows what coaches say behind closed doors but you just expect to see it on the internet.

Franklin: UT’s celebration will remain open wound

  • TERESA M. WALKER – AP Sports Writer (AP)
  • Posted November 21, 2011 at 3:43 p.m., updated November 21, 2011 at 4:32 p

NASHVILLE — Vanderbilt’s James Franklin says he won’t soon forget the Commodores’ latest and perhaps most painful loss to Tennessee.

The coach says the way the Vols celebrated their 27-21 overtime win – which included coachDerek Dooley boasting how the Vols always beat Vanderbilt – will be a wound he leaves open until next year.

And luckily, there’s video available for the Commodores to watch over and over again.

“We’ll watch it as many times as we have to watch it next year,” Franklin said Monday. “That’s a wound I’m going to leave open. It’s not going to heal. I’m going to leave it open all year, and we’ll discuss it next year.”

Franklin said he knows his Commodores hurt themselves plenty with four turnovers and bad penalties last weekend. The final turnover was Eric Gordon’s interception return for a touchdown that officials reviewed, which theSoutheastern Conference admitted two hours later was messed up. Tennessee should have gone on offense instead.

The Vanderbilt coach said Monday he prefers to see the Vols’ celebration as a sign of respect.

“Some people act like they won the Super Bowl, and they beat a team that the two previous years had won four games total,” Franklin said. “Obviously, we’re winning, closing the gap and threatening some people and making some people uncomfortable. We’ll leave it at that. We’ll move on. We’ll have a lot of discussions about this next year when the time’s right.”

Three hours’ away in Knoxville, Dooley was disappointed video of what happened inside Tennessee’s locker room was shared, but he called it the world today.

“It’s like there’s no sacred place, and I think probably all the 120 coaches out there in football have a side to them where they loosen to the team that they don’t do in the public,” Dooley said. “Am I excited after a win? I always am. After a win is emotional, and certainly when you win a close game down to the wire, it’s exciting. You take those things for what they are. It’s a postgame, emotional, have a little fun, and then you close the door on it when you leave.”

Franklin called it a tough loss and said as rewarding as this season has been that it may be his most challenging with the tough losses combined with unusual situations. Four of Vanderbilt’s losses in the SEC this season have come by a combined 19 points.

“You can’t turn it over, especially on the road and especially early in the game and allow the momentum to swing like that. When you have four turnovers, three interceptions and a fumble, it’s hard to recover from that,” Franklin said.

The Commodores also racked up seven penalties for 46 yards, including a costly flag on lineman Josh Jelesky for a low block nowhere near a play that wiped out a huge gain by Chris Boyd down to the Tennessee 1. Franklin said he had never seen a play go from the 1 to the other 1 in two plays.

“There’s been more freakish things happen in this season than I’ve ever been around,” Franklin said.

“All I can do is coach that kid and put him in position and emphasize how important it is not making those mistakes. It wasn’t just that play. It was six or seven plays. There’s no doubt that was a dramatic one,” Franklin said.

Franklin’s bigger challenge now is rallying his Commodores (5-6) needing a win Saturday at Wake Forest (6-5) to be bowl eligible. It’s something only the Commodores thought could happen in Franklin’s first year, but now their first road win would extend their season with their second bowl game in four years.

“We’re in a one-game season,” Franklin said. “Truly, I’ve been saying that all year. We’re in a one-game season. We win this week, we’ll have more opportunities in the future probably more so than ever. The argument that I’m making is that we’ve got a one-game season, and we truly do. We win this week we’ll have more opportunities, and we’ll see what happens.”

Defensive tackle Rob Lohr said they have no problem refocusing on Wake Forest.

“We want to prove ourselves,” Lohr said. “Nobody wants to lose, let alone the way we did. So we need to bounce back this week and get a W so we can go to a bowl game.”

___

AP Sports Writer Beth Rucker in Knoxville, Tenn., contributed to this report.

To see Tennessee’s celebration in the locker room celebration see YouTube

2011 Arkansas Baptist Eagle Football team best ever?: Barton game will answer that question

On November 18, 2011 the Arkansas Baptist Eagle football team went to 11-1 for the year with a hard fought 26-6 victory at Camden Harmony Grove. Before this game Barry Groomes of Hootens Arkansas Football picked Camden to win over the eagles because Arkansas Baptist had never won a playoff game on the road. Actually before this year Arkansas Baptist was 3-7 in the playoff with two victories coming in 1998 and one in 2004.

Is the 2011 Eagle team the best ever?

1. The 1998 team featured a huge line with the Witcher brothers (Sam and Ben) in the secordary and the eagles tied Harding and Carlisle for the conference championship. Knocked out of the playoffs by Gus Malzahn’s first state championship team at Shiloh (Gus has won championships at higher levels since, ask Arthur Bennett about that).

2. The 2004 team like the 1998 team also advanced in the playoffs and is the only Arkansas Baptist team to secure sole possession of a conference championship, and it included the most all-conference players (10) in Eagle history on one team.

3. The juniors and seniors on the 2011 team can claim to have more Arkansas Baptist victories in a two year span than any other team (a total of 20 over last two years, the 2003-2004 teams previously held the most).

My final conclusion is very simple: If the 2011 eagles get three victories in the playoffs this year then they have to be considered the best Arkansas Baptist team ever. The problem is they are going up against the Barton Bears who hold more state championships than any other 3A team. We will be pulling for this group of Eagles and we know they can do it.

All State Receiver Greg Bowie catches game winning pass
against Bauxite in the final seconds of the game.

“Woody Wednesday” Allen acts silly in 1971 interview (Part 2)

“Woody Wednesday” Allen acts silly in 1971 interview (Part 2)

Woody Allen interview 1971 PART 2/4

Uploaded by on Jul 21, 2008

Woody Allen interview from 1971, just after the worldwide release of ‘Bananas’

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Looking at the (sometimes skewed) morality of Woody Allen’s best films.

In the late ’60s, Woody Allen left the world of stand-up comedy behind for the movies. Since then, he’s become one of American cinema’s most celebrated filmmakers. Sure, he’s had his stinkers and his private life hasn’t been without controversy. But he’s also crafted some of Hollywood’s most thought-provoking comedies. Philosophical, self-deprecating and always more than a tad pessimistic, Allen adds another title to his oeuvre this Friday with Midnight in Paris. Whether it will be remembered as one of his greatest or another flop is too early to say, but its release gives us a chance to look back at some of his most indispensable works.

Hannah and Her Sisters (1986)

Allen continues the art-as-salvation theme in Hannah and Her Sisters, an ensemble drama about family and infidelity. The film tells three stories, one of which stars Allen as a hypochondriac named Mickey. Terrified of death, Mickey begins a search for meaning that takes him first to Catholicism and then the Hare Krishna movement. But it’s in a darkened movie theater playing the Marx Brothers’ Duck Soup that he finds all the meaning he needs to face life. From a Christian perspective, this is a far from ideal conclusion—and yet, it’s not without an element of truth. The bulk of the Bible is historical narrative, not a list of rules, and Christ often used stories to communicate His message. In this, and every other movie where Allen finds life’s ultimate answers in art, we can disagree—but only partly.

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“Woody Wednesday” Will Allen and Martin follow same path as Kansas to Christ?

Several members of the 70′s band Kansas became committed Christians after they realized that the world had nothing but meaningless to offer. It seems through the writings of both Woody Allen and Chris Martin of Coldplay that they both are wrestling with the issue of death and what meaning does life bring. Kansas went through […]

Francis Schaeffer and C. Everett Koop were prophetic (jh29)

Francis Schaeffer and C. Everett Koop were prophetic (jh29) What Ever Happened to the Human Race? I recently heard this Breakpoint Commentary by Chuck Colson and it just reminded me of how prophetic Francis Schaeffer and C. Everett Koop were in the late 1970′s with their book and film series “Whatever happened to the human […]

“Woody Wednesday” Allen is searching for satisfaction in wrong place jh17

Coldplay – 42 Live Coldplay perform on the french television channel W9. In 1992 Woody Allen took up with one of his adopted kids and lived in with her. He was given over to the pursuit of pleasure. Actually he has made that a major focus of his life. In the latter part of his […]

“Woody Wednesday” Allen realizes if God doesn’t exist then all is meaningless (jh 15)

The Bible and Archaeology (1/5) The Bible maintains several characteristics that prove it is from God. One of those is the fact that the Bible is accurate in every one of its details. The field of archaeology brings to light this amazing accuracy. _________________________- I want to make two points today. 1. There is no […]

“Woody Wednesday” How Allen’s film “Crimes and Misdemeanors makes the point that hell is necessary (jh 14)

Crimes and Misdemeanors: A Discussion: Part 1 Adrian Rogers – Crossing God’s Deadline Part 2 Jason Tolbert provided this recent video from Mike Huckabee: John Brummett in his article “Huckabee speaks for bad guy below,” Arkansas News Bureau, May 5, 2011 had to say: Are we supposed to understand and accept that Mike Huckabee is […]

Agnostic Allen notes, “The people who successfully delude themselves seem happier than the people who can’t” (Woody Wednesday Part 5)

Woody Allen interviews Billy Graham on Religion This article below makes we think of the lady tied to the Railroad in the Schaeffer video. Dr. Francis schaeffer – The flow of Materialism (Modern man sees no hope for the future and has deluded himself by appealing to nonreason to stay sane. Look at the example […]

A review of Woody Allen’s latest movie “Midnight in Paris” (Woody Wednesday Part 4)

Midnight in Paris Not Dove Family Approved Theatrical Release: 6/10/2011 Reviewer: Edwin L. Carpenter Source: Theater Writer: Woody Allen Producer: Letty Aronson Director: Woody Allen Genre: Comedy Runtime: 100 min. MPAA Rating: PG-13 Starring: Owen Wilson, Rachel McAdams, Kurt Fuller, Kathy Bates Synopsis: Midnight in Paris is a romantic comedy that follows a family travelling […]

Woody Allen films and the issue of guilt (Woody Wednesday Part 3)

Woody Allen and the Abandonment of Guilt Dr. Marc T. Newman : AgapePress Print In considering filmmaking as a pure visual art form, Woody Allen would have to be considered a master of the medium. From his humble beginnings as a comedy writer and filmmaker, he has emerged as a major influential force in Hollywood. […]

According to Woody Allen Life is meaningless (Woody Wednesday Part 2)

Woody Allen, the film writer, director, and actor, has consistently populated his scripts with characters who exchange dialogue concerning meaning and purpose. In Hannah and Her Sisters a character named Mickey says, “Do you realize what a thread were all hanging by? Can you understand how meaningless everything is? Everything. I gotta get some answers.”{7} […]

“Woody Wednesday” Part 1 starts today, Complete listing of all posts on the historical people mentioned in “Midnight in Paris”

I have gone to see Woody Allen’s latest movie “Midnight in Paris” three times and taken lots of notes during the films. I have attempted since June 12th when I first started posting to give a historical rundown on every person mentioned in the film. Below are the results of my study. I welcome any […]

Veterans Day 2011 (Black Hawk Down and North Little Rock’s Donavan “Bull” Briley)

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https://youtu.be/sXTaSjy4lUQ

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CWO Donavan L “Bull” Briley

Photo added by Christina Atkinson

CWO Donavan L “Bull” Briley

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The movie Black Hawk Down was based on an actual event that took place in Mogadishu, Somalia. This documentary explains the event.

_______________________________

On October 3, 2003 my son  played quarterback at the Arkansas Baptist High School Football game that night. However, I can not remember how he performed that night, but I vividly remember the singing of the national anthem. That is because his fellow student Jordan Briley sang the national anthem on the 10th anniversary of the day her father Donavan “Bull” Briley gave his life for his country.

CW3 Donavan “Bull” Briley grew up in North Little Rock, Arkansas.He received the Distinguished Flying Cross for gallantry in action during combat operations in Mogadishu, Somalia on October 3, 1993 in operation Gothic Serpent.  His actions as the pilot of an assault into a highly contested urban objective were heroic.  After a brilliant assault of the objective, he held his position and fought to support the ground forces during their actions.  His “Black Hawk” aircraft was subsequently downed by enemy fire and, through his exceptional skill, the passengers’ lives were saved. The movie Black Hawk Down (2001) directed by Ridley Scott shows his heroic actions.

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War Hero Joe Speaks and D Day pictures

 Below I have the story of Joe Speaks who fought in Europe and was captured twice by the Germans. Photo by Associated Press American GI’s clamber into a landing craft as they prepare to hit the beaches along France’s Normandy coast in June 1944. The World War II operation was part of the massive Allied […]

D-Day Landings,”Saving Private Ryan” most frightening and realistic 15 minutes ever

Saving Private Ryan – Omaha Beach Part 1 – HD Saving Private Ryan – Omaha Beach Scene Part 2 – Super High Quality Saving Private Ryan – Omaha Beach Scene Part 3 – Super High Quality Saving Private Ryan opens with a 30-minute cinematic tour de force that is without a doubt one of the […]

Real American Heroes Series part 1 Leon A. McDaniel of Mt Ida, Ark (part B)

Leon McDaniel’s picture Okinawa – At the Emperor’s Doorstep” episode from “WWII: GI Diary”….. This old 1978 TV docu-drama was narrated by Lloyd Bridges and told the stories of real soldiers/sailors/pilots and their first-hand experiences in battle. Archival footage and good background music really made the stories come alive…..about 25 episodes were made. Video converted […]

Real American Heroes Series part 1 Leon A. McDaniel of Mt Ida, Ark (part A)

President Reagan and Senator Barry Goldwater present the fourth star to General Jimmy Doolittle during a White House ceremony in the Indian Treaty room, OEOB. 6/20/85. I love the movie “Pearl Harbor” with Ben Affleck and it tells the story of Jimmy Doolittle.  He was born in 1896 and died in 1993. He is pictured […]

Milton Friedman discusses government spending

Milton Friedman – Do-Gooders And Special Interest

Uploaded by on Nov 4, 2011

An effective alliance to grow government. http://www.LibertyPen

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Great article that quotes Milton Friedman:

‘Government Efficiency’: Trying to Turn Cats into Dogs

Posted by Tad DeHaven

I’ll have more to say later on Mitt Romney’s speech on federal spending, but his banal call for making government more “efficient” gave me an opportunity to share some good commentary on the subject. In a recent piece criticizing Indiana’s Republican-led state government for not doing “anything substantive to improve Indiana’s budgetary, fiscal or economic position,” Craig Ladwig, editor of the Indiana Policy Review, nails it:

Most troubling of all is that few in the leadership of either party share our belief that government must be kept small for smallness’ sake. The goal is not to run it “like a business” or make it more efficient (consolidate), but to ensure that government is simple enough that average citizens can understand and monitor its workings. The constitutional ability to do that and a passion for self-government (governing one’s self), thereby reaping the rewards and accepting the consequences, are what is meant by American exceptionalism.

Nor does the current leadership appreciate that government cannot by nature be proactively involved in prosperity, that it cannot create wealth but only refrain from taking it away or destroying it. Even Republicans busy themselves in such neo-mercantile schemes as tax rebates for politically favored companies and industries, or training programs to win more contracts from the federal government. At the same time, they slap a tax on entrepreneurial activity as soon as it finds success, most recently in Internet commerce.

Look, Democrats already work tirelessly to extract from us the revenue to support a bloated, systemically flawed and misguided state government. Do they need Republican help?

Milton Friedman famously described those trying to reform government without changing its makeup as being engaged in an attempt to transform a cat into a dog. This General Assembly may learn to bark, but it will still be a cat.

The “government efficiency” snake-oil salesmanship from politicians has become tiresome, especially when it comes from high-profile Republicans like Mitch Daniels and Mitt Romney. Unfortunately, I don’t see too many people “on the right” taking these people to task for it. So kudos to Craig.

“Music Monday”:Coldplay’s best songs of all time (Part 8)

Coldplay

“Music Monday”:Coldplay’s best songs of all time (Part 8)

This is “Music Monday” and I always look at a band with some of their best music. I am currently looking at Coldplay’s best songs. Here are a few followed by another person’s preference:

My son Hunter Hatcher notes:  “The Scientist”
Great piano rift. And the music video will make you tear up. This is my selection for the 13th best Coldplay song of all time.

Coldplay

Coldplay has further whetted fans’ appetites for its highly anticipated fifth album, “Mylo Xyloto,” by debuting the set’s second single, “Paradise.”

The piano-heavy track, which Coldplay premiered on its website Monday morning, falls in line with the stadium-sized pop rock the British band is known for. Like most things Coldplay, it sticks within a very specific sonic realm; it’s immediately identifiable as a Coldplay song; Chris Martin croons about a woman longing to escape her life for paradise, and it features one of the band’s instantly sticky choruses. 

“Paradise” is the follow-up to summer single “Every Teardrop Is a Waterfall.” 

Coldplay will further tease the album at the upcoming iHeartRadio Music Festival in Las Vegas on Sept. 23. 

“Mylo Xyloto” was produced by Markus Dravs, Daniel Green and Rik Simpson, “with enoxification” (yes, their word) and additional composition by Brian Eno. Pop tart Rihanna also lent her vocals to a track on the album, “Princess of China.” Fans can currently preorder the album on the band’s website.

No one wants to cut spending and as a result another credit downgrade coming

The Price of a U.S. Credit Rating Downgrade

Uploaded by on Aug 5, 2011

http://www.downsizinggovernment.org

The federal government’s debt may soon be downgraded by major credit rating agencies. What would that mean?

Video produced by Caleb O. Brown and Austin Bragg

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Looks like the politicians in Washington better cut spending or another downgrade will be coming soon.

U.S. rating likely to be downgraded again: Merrill

ReutersBy Walter Brandimarte | Reuters – 15 hrs ago

NEW YORK (Reuters) – The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.

The trigger would be a likely failure by Congress to agree on a credible long-term plan to cut the U.S. deficit, the bank said in a research note published on Friday.

A second downgrade — either from Moody’s or Fitch — would follow Standard & Poor’s downgrade in August on concerns about the government’s budget deficit and rising debt burden. A second loss of the country’s top credit rating would be an additional blow to the sluggish U.S. economy, Merrill said.

“The credit rating agencies have strongly suggested that further rating cuts are likely if Congress does not come up with a credible long-run plan” to cut the deficit, Merrill’s North American economist, Ethan Harris, wrote in the report.

“Hence, we expect at least one credit downgrade in late November or early December when the super committee crashes,” he added.

The bipartisan congressional committee formed to address the deficit — known as the “super committee” — needs to break an impasse between Republicans and Democrats in order to reach a deal to reduce the U.S. deficit by at least $1.2 trillion by November 23.

If a majority of the 12-member committee fails to agree on a plan, $1.2 trillion in automatic spending cuts will be triggered, beginning in 2013.

Those automatic cuts, mostly in discretionary spending, would weigh further on a fragile U.S. economy, Merrill said. In the same report, the bank reduced its 2012 and 2013 growth forecasts for the United States to 1.8 percent and 1.4 percent, respectively.

If there were a downgrade, it was not clear which ratings agency would move first.

Moody’s Investors Service, which has a negative outlook on the United States’s Aaa rating, said it is looking at several other factors, including the results of presidential elections and the expiration of the Bush-era tax cuts late in 2012, to decide on the rating.

“It’s not that we’re waiting just for this committee to decide on the rating,” Steven Hess, Moody’s lead analyst for the United States, told Reuters in an interview last week.

Failure by the committee to come up with an agreement, he said, “would be negative information but it is not decisive in our view about the rating.”

To be sure, Hess did not rule out the possibility of an early move on U.S. ratings if the country’s economy slips into recession. So far, however, the economic performance “is certainly not super positive but not a disaster either,” he said.

Fitch Ratings, on the other hand, still has a stable outlook on its AAA rating on the United States, meaning it is more likely to revise that outlook to negative before actually downgrading the rating.

In its latest report on the United States, Fitch says a “negative rating action,” which could be only an outlook revision, could result from a weaker-than-expected economic recovery or by failure by the bipartisan committee to reach agreement on at least $1.2 billion in deficit-reduction measures..

(Editing by Leslie Adler)

President Obama’s Statement on Credit Downgrade

Uploaded by on Aug 8, 2011

The President assures Americans that, “we will always be a triple-A country.” August 8, 2011.

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Projected Federal spending caused U.S. credit downgrade

Everyone wants to blame the Tea Party for the downgrade, but a Tea party approach is needed to get on the right tract.   The Debt Ceiling and the Balanced Budget Amendment Posted by David Boaz The Washington Post editorializes: A balanced-budget amendment would deprive policymakers of the flexibility they need to address national security […]

Tea Party representatives claim debt deal responsible for downgrade because it did not cut enough (Part 5)

Tea Party representatives claim debt deal responsible for downgrade because it did not cut enough (Part 5) The Tea Party members in the Republican Party voted against the debt deal and have even claimed that the debt deal did not cut enough out of the budget and that is why the USA got a downgrade […]

What is the cause of the U.S. credit downgrade? (Part 3)

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The Sixty Six who resisted “Sugar-coated Satan Sandwich” Debt Deal (Part 1)

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President Obama taking orders from Michael Moore? (Part 2 of series “What is the cause of the U.S. credit downgrade?”)

7 January 2011 © 1995 Metro-Goldwyn-Mayer Studios Inc. All Rights Reserved. Titles: Canadian Bacon Names: Alan Alda, John Candy, Kevin Pollak, Rip Torn, Michael Moore, Rhea Perlman Still of Alan Alda, John Candy, Kevin Pollak, Rip Torn, Michael Moore and Rhea Perlman in Canadian Bacon Michael Moore is a liberal movie director and his films […]

Heritage foundation on debt deal

It was a sad day when this dumb debt deal was signed. Morning Bell: Our Work Has Only Begun Ed Feulner August 2, 2011 at 9:30 am My fellow conservatives, Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the needs of the country. […]

What is the cause of the U.S. credit downgrade? (Part 1)

Movie Clip Canadian Bacon Prt 1 What is the cause of the U.S. credit downgrade? (Part 1)   7 January 2011 © 1995 Metro-Goldwyn-Mayer Studios Inc. All Rights Reserved. Titles: Canadian Bacon Names: Alan Alda, John Candy, Kevin Pollak, Rip Torn, Michael Moore, Rhea Perlman Still of Alan Alda, John Candy, Kevin Pollak, Rip Torn, […]

Cutting spending is the way to balance the budget despite what liberals say

President Obama really believes that we must raise taxes in order to balance the budget. Nevertheless, conservatives argue that the bloated federal spending should come down to a level where he can balance the budget. Take a look at the excellent article “Unbalanced,” by Michael D. Tanner  Michael Tanner is a senior fellow at the […]

Tea Party representatives claim debt deal responsible for downgrade because it did not cut enough (Part 2, Tom Cotton weighs in)

The Tea Party members in the Republican Party voted against the debt deal and have even claimed that the debt deal did not cut enough out of the budget and that is why the USA got a downgrade in the  credit rating. Below I have the comments on the downgrade from two of those representatives. […]

Tea Party representatives claim debt deal responsible for downgrade because it did not cut enough (Part 1)

  The Tea Party members in the Republican Party voted against the debt deal and have even claimed that the debt deal did not cut enough out of the budget and that is why the USA got a downgrade in the  credit rating. KINGSTON STATEMENT ON S&P ANNOUNCEMENT       Washington, D.C., Aug 5-Congressman […]

Occupy Wall St. wants the 99% to scare the 1%, but the Tea Party has real solutions

Occupy Wall St. wants the 99% to scare the 1%, but the Tea Party has real solutions

Dan Mitchell is right about the “Occupy Wall St crowd”

The Arkansas Times Blog reported:

Occupy Little Rock occupies Clinton Library parking lot

Occupy Little Rock at the Clinton Presidential Park image

  • Gabe Gentry

Members of the Occupy Little Rock group have set up camp outside the Clinton Library, video contributor Gabe Gentry reports. Around 65 are gathered currently with chimineas and grills and pizzas. Thirty plan to camp and remain indefinitely, Gentry said, though a police cruiser had just arrived on the scene to idle 30 yards from the protesters around 8:15 p.m.

I’m going to go take a look as soon as I’m able. More when I’ve got it.

UPDATE: It looks like the police aren’t going to try to disperse the crowd. The protesters have a chiminea going now that they lit only after first getting permission from one of the police officers on the scene.

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(The blog Blue Arkansas also reported on Occupy Arkansas and the Clinton Library.) 

Some people have tried to praise Occupy Wall St, but they do have any good solutions. The most simple explanation I have seen was by a reader who commented on the story above saying maybe the 99% COULD SCARE THE 1%.

Tea Party vs. Occupy Wall Street

Posted by Zachary Graves

Cato’s Tom Palmer discusses the Occupy Wall Street movement and the Tea Party in a debatewith The Nation‘s Peter Rothberg at PolicyMic:

The Tea Party has a coherent message: Stop the bailouts, stop the cronyism, and stop swindling today’s voters with empty promises and sinking future generations under mountains of debt…

What caused the crisis, the indebtedness, the unemployment, the stagnation? The culprits are state agencies and enterprises, including our Federal Reserve…

The Occupiers have the wrong address. The subprime crisis was designed in Washington, not New York…

Government debts and printing-press money will harm future generations. It’s unfair. It’s immoral. And it’s going to be solved not by occupying Phoenix, or Wall Street, or Atlanta, but by demanding that spendthrift politicians stop the bailouts and the cronyism, put the brakes on spending, and pay attention to a truly radical concept: arithmetic. Those are sound Tea Party values.

Read the full article: “Who Should Americans Support: the Tea Party or Occupy Wall Street?

Zachary Graves • October 21, 2011 @ 5:05 pm             Related posts:

Steve Jobs to the President: “You’re headed for a one-term presidency,”

I have posted a lot about Steve Jobs and I have the links below after this fine aricle: Steve Jobs to Obama in 2010: ‘You’re Headed for a One-Term Presidency’ Lachlan Markay October 21, 2011 at 12:04 pm   Steve Jobs, the late Apple founder and digital pioneer, told President Obama in a 2010 meeting […]

Brawner: Occupy Wall St. crowd brings no solutions

Steve Brawner made the comment: For now, the Occupy movement doesn’t seem to be offering a lot of concrete solutions for the nation’s problems, and until it does, it won’t accomplish much. Captain America is  a loyal reader of Brawner and he pointed to a great article on the subject and here it is: Confusing […]

Republican debate Oct 18, 2011 (last part) with video clips and transcript

Republican debate Oct 18, 2011 (last part) with video clips and transcript Below are video clips and the transcript. pt 5 pt 6 pt 7 COOPER: We’re going to move on to an issue very important here in the state of Nevada and throughout the West. We have a question from the hall. QUESTION: Yeah, […]

India’s government officials smart as Steve Jobs?

I have written a lot about Steve Jobs recently and I wanted to link those posts below. Here is an interesting article for those who think that government officials are smart as those like Steve Jobs who are able to survive in the private market place and thrive. Indian Bureaucrats Are No Steve Jobs by […]

Pictures and video of Occupy Arkansas March of 10-15-11

Dan Mitchell is right about the “Occupy Wall St crowd” Here is some video and pictures of the Occupy Arkansas March of October 15, 2011 followed by an excellent article by Jason Tolbert. Steve Brawner has rightly said: For now, the Occupy movement doesn’t seem to be offering a lot of concrete solutions for the […]

Steve Jobs left conservative Lutheran upbringing behind

Steve Jobs was raised as a conservative Lutheran but he chose to leave those beliefs behind. Below is a very good article on his life. COVER STORY ARTICLE | Issue: “Steve Jobs 1955-2011″ October 22, 2011 A god of our age Who was Steve Jobs? A revered technology pioneer and a relentless innovator, the Apple […]

Crowd at Occupy Arkansas pales in comparison to annual pro-life march

Demonstrators march through the streets of Little Rock on Saturday in a protest organized by Occupy Little Rock. (John Lyon photo) Occupy Arkansas got cranked up today in Little Rock with their first march and several hundred showed up. It was unlike the pro-life marches that I have been a part of that have had […]

Occupy Wall Street vs. Steve Jobs

COUNTER-DEMONSTRATION: At Kappa Sigma house in Fayetteville. The Drew Wilson photo above went viral last night — at least in Arkansas e-mail and social media users — after the Fayetteville Flyer posted it in coverage of an Occupy Northwest Arkansas demonstration in Fayetteville. The 1 percent banner was unfurled briefly on the Kappa Sigma frat […]

Big Bad Wall St Corporations

I found this article interesting from the Wall Street Journal: OCTOBER 10, 2011 The Corporate Exec: Hollywood Demon Nazis are getting old, moviemakers don’t want to offend foreign audiences, so corporate types top the list of evil stereotypes By EDWARD JAY EPSTEIN It is not surprising that pop-culture protesters are now intent on occupying Wall […]

Herman Cain tells Wall St marchers where to march

The Arkansas Times Blog reported today: Around 100 were on hand for tonight’s Occupy Little Rock planning meeting, the second since the group formed in Little Rock earlier this month. Organizers and attendees struggled with a somewhat complicated voting-by-hand-signals process, but the assembly did get some key points ironed out, including the start time and […]

These pictures are from liberal Blue Arkansas website:

Marching on in front of B o A….

From Katherine Purcell:

From Scott White: Chanting “This is no recession; this is a robbery” on march to Capitol. #occupylittlerock #ows

“Soccer Saturday” Pele the greatest player of all time?

“Soccer Saturday” Pele the greatest player of all time?

Here is an article by Gi discussing Pele:

Pele as can be expected came back to play with Brazil in the 1962 World Cup which was played in Chile. This time however Pele was much more known to the fans as well as opposing players; who were not really all that eager to see him score another six goals or perhaps more in this world cup. Brazil were defending champions with basically the same players which won the world cup in 58 and who despite the passage of four years were still relatively young. All of which making it easy to see why a second world cup for Brazil in as many tournaments was not out of the realms of realistic possibilities. Specially since there were no other teams which were really strong enough to challenge them. Germany going through a rebuilding period while Italy still did not have the sort of team which could aspire to recapture their glory days of the 30s. Uruguay pretty much being but a shadow of their former selves.

The world cup known as Chile 62 however become a very defensive affair as teams were no longer willing to score as many as three goals or more in loosing efforts as had been the case in Switzerland 54 and Sweden 58. Teams became more eager to hold on to their leads once they had them and not risk them by going forward for more goals. This making most teams play with four defenders and only three forwards where before it had been with two defenders and five forwards.

Brazil for its part got off to what looking back might have been considered a good start in beating Mexico by 2-0 with Pele scoring Brazil’s first goal yet despite this victory; Brazil was severely criticized with much of the blame falling not only on their performance but on Pele. This despite Pele’s having scored one of Brazil’s two goals. This perhaps allowing Pele to see for himself what Mazola had experienced four years earlier when despite having scored two goals in Brazil’s first match; still had people saying he should not be on Brazil’s team. It being a case that Brazilian fans in those days were used to seeing Brazil beat Mexico by much more goals than only two. Brazil, after all had beaten Mexico by 5-0 in Brazil 50 and by 4-0 in Switzerland 54. All of which standing to their reason that a defending world champion should be able to beat Mexico, once again by at least as wide a margin as their teams in the past had done if not by a wider one.

Brazil’s next game came against Czechoslovakia. This a match which ended in a 0-0 draw and with even more criticism aimed at Brazil by their fans and media back home. It was also in this match that Pele left the field injured not to return for the rest of the tournament. Pele had not even been touched by any of Czechoslovakia’s players yet despite this managed to do damage on himself which would take him out of the remainder of the world cup.

For my part, I being skeptical about almost everything, wonder if Pele’s injury was such that he could not have played Brazil’s next game against Spain. Pele after all had not broken anything and had not even been fouled. Was it perhaps an attempt to try another player? Pele had not really played all that well in Brazil’s first two matches or such it was perceived by the fans and the media back home. So I often wonder if perhaps Brazil’s trainer did not exaggerate the gravity of Pele’s injury in order to try another player in his place like he had done with Pele in Mazola’s place four years earlier. It being Amarildo who took Pele’s place against Spain in a game which though not an absolute must win game for Brazil; was one in which they would have to do better than they had in their first two matches. This if perhaps not to qualify, at least to demonstrate to their fans that they were still a team capable of producing great football.

The game started with Spain taking a 1-0 lead when Adelardo scored 35 minutes in to the game. Spain would even take a 1-0 lead in to the second half. This something which had not happened in a very long that that Brazil ended the first half behind on the scoreboard. Brazil at this point even finding themselves in danger of being eliminated in the first round. This being the case that Spain with a win would have had four points which would have put them first in the group. Brazil with a loss would have had three points which would leave them depending on what Mexico (who was already out of the competition) could do against Czechoslovakia. Naturally a Czech victory or even a tie would have left Brazil out had they lost.

All however proved to be academic, as Brazil came back in the second half to win the game by two goals to one with both goals being scored by Amarildo; who just happened to be the man playing in Pele’s place. Obviously Pele’s replacement was doing his duty so I wonder if Pele would have been able to return to the starting team even if he had been healthy or if his injury was such that it was the real reason he was kept out of the starting lineup.

Amarildo had played well against Spain, this there was no doubts about and specially in a world cup in which defensive play was the order of the day unlike it had been in the last two previous world cups. Spain, in fact having a strong team back then which two years later went on to win the European nations cup.

Brazil went on to win their next two matches with relative ease. First against England by 3-1. This in a game which Garrincha scored two truly amazing goals. First one off a header and the next one of a free kick which could not have been better placed. Brazil’s other goal being scored by Vava, who continued where he left off in Sweden 58. Brazil’s next win came in the semifinals against the home team, Chile whom they defeated by a score of 4-2 with once again; Garrincha and Vava doing the scoring for Brazil. It being Garrincha who scored Brazil’s first two while Vava scored Brazil’s third and fourth.

Brazil was clearly playing well and was in top form and all without Pele. It was a case of this team being of such a high quality that even the absence of Pele did not disturb anything. Apparently Amarildo had been more than capable of filling the void left by Pele while the rest by just keeping up their level allowed Brazil to easily get in to the final. Of course, one could always say that this world cup did not really have very strong teams and those which were in fact solid such as the Soviet Union (winner of the 1960 European Championship) and Hungary did not really live up to expectations; apart the fact that Brazil did not have to face them anyway. Brazil was in the finals however and to their credit deservedly so and all without the man who many would later call the best player of all time.

In the finals Brazil met Czechoslovakia for the second time in the tournament yet unlike in their first match; this one could not end in a draw. Czechoslovakia, for its part like Sweden four years earlier also scored the first goal though not as early in the match as Sweden. Czechoslovakia in fact having to wait till the 15th minute of the game when Masopust slipped past Brazil’s defense to give his team a 1-0 lead. Brazil however being the solid team they were did not take long to reply. Brazil in fact having to wait but two minutes till Amarildo (Pele’s replacement) scored to level matters at one a piece. Amarildo, scoring a brilliant goal from a very tight angle which perhaps Czechoslovakia’s goalkeeper; Schroijf should have saved yet the score none the less was tied at one all.

Czechoslovakia for what concerned them, were playing well and went in to the half time break tied at one though it is my opinion that they perhaps celebrated too much after scoring. This allowing Brazil to get back in to the game after only two minutes of having gone down by a goal to nil. Czechoslovakia had its chances in the first period and had it not been for their lack of concentration after scoring and Schroijf’s error perhaps would have gone in to the half time break with a one goal lead or perhaps a two goal lead. This if they had continued with the solid play which had gotten them to the final in the first place.

Brazil however regrouped at the half and came out strong with Zito scoring his first world cup goal and Brazil’s second in the final to put them up by 2-1. Brazil perhaps was not dominating as strongly as they had in 58 yet were definitely in the drivers seat. It being in the 78th minute of the game that Garrincha sent up a high ball which in all honesty should not have given Czech goalkeeper, Schroijf any problems what so ever yet he somehow managed to drop it. The ball falling straight in to the path of the ever opportunistic Vava, who scored his first goal of the match and Brazil’s third to make the score 3-1; which is how it would end.

This last goal making Vava the first player to score in two finals. Brazil had won the world cup and became just the second team, after Italy to win two in a row and to a certain extent Pele had picked up his second world cup win though in all truth, as I have clearly pointed out; he hardly played. Naturally, to many at the time this did not really matter as Pele was a man who at the age of 21 had already won two world cups even if the second one was just for being on the team and little else. This perhaps making it possible for Argentina to say that Pasarella won two world cups with Argentina, who as a matter of fact only played in their first game against South Korea but I ask is this enough to say he is a double world champion? I would go one step further and ask if Brazil had beaten France in 98 then could Ronaldo claim to have won three world cups as well since he was on their world cup winning team in 94 though did not play at all? This being a matter of interpretation of course.

As an added comment, I would like to say that I feel it is sad that Amarildo did not really get the credit he earned for his performance in Chile 62. It being Amarildo, who to a certain extent with his two goals against Spain saved Brazil from the humiliation of being eliminated in the first round. Amarildo even scoring in the final when Brazil was loosing by 1-0 yet despite his efforts which were important in Brazil’s second world cup win, is rarely if ever mentioned amongst the great players of all time though he undoubtedly was.

My name is Gianni Truvianni, author of many an article to be found on the internet along with the book “New York’s Opera Society”. My works also include the books “What Should Not Matter”, “Love Your Sister” and several others which still remain unpublished though I am presently looking to change this.

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