...pays dividend!

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Conservatives claim that anyone who is wealthy IS an economic dynamo.

There is a problem however:

• CASH ALONE draws in more CASH.
• Wealth is therefore NOT a good indicator of whether a person remains an economic dynamo after an initial success.

The above only speaks to the lack of economic merit in Conservative beliefs.

One still needs to address the ethics and morals involved. Here Conservatives are both correct and incorrect, but I'll spare the reader unless someone asks.

Jim

it makes their heads explode everytime.

I found this great editorial in the LA Times
today. It includes criticism of the teabaggers by
moderate Republicans.

http://tinyurl.com/cwckfq

Anti-Obama Taxpayer Tea Parties steeped in insanity
What, exactly, are the protesters protesting?
The marginal tax rate rising 3% for millionaires?

By Marc Cooper
April 15, 2009

The Web is buzzing with information about how to throw an anti-Obama Taxpayer Tea Party, something organizers hope will be held today from Santa Monica to South Carolina. But no need to burn up your bandwidth reading complicated instructions. Here's a simpler recipe:

Go to a hobby store. Buy a scale model of a U.N. One-World-Government Black Helicopter and a tube of glue. Toss the model kit. Sniff the entire tube of glue. You're all set for the party.

I can recall only a few outbreaks of such collective insanity as these tea parties in recent years. There was that time in the mid-1990s when a $19.95 video proving Bill Clinton was some sort of serial killer went viral. And then, a few years back, there was that chilling, televised midnight seance from the floor of the U.S. Congress aimed at reviving the long-brain-dead Terri Schiavo.

And now this. Whip out your Lipton and don your tinfoil hat and join the protest against ... against ... against what exactly?

The original Boston Tea Party was caffeinated by a very simple injustice: American Colonists refused to be taxed by a government that lacked any popular representation. That was remedied a few years later in a heroic struggle that stretched from Concord to Yorktown.

So, if you'll excuse the mixed metaphor, what's the beef behind today's protests? The Obama administration is cutting taxes for all except the very richest of Americans. Reduced withholding is already showing up in millions of paychecks.

Then again, this rash of tea parties is being organized not only by the pseudo-journalists at Fox News (with Glenn Beck, Neil Cavuto and Sean Hannity actively stoking the flames) but also by FreedomWorks, a conservative lobbying outfit headed by former House Majority Leader Dick Armey. I suppose it was Armey's constitutional if morally dubious privilege to have built an entire political career out of defending the wealthy.

But are common folks actually going to dump Earl Grey into Santa Monica Bay because they are outraged, simply infuriated, by the marginal tax rate rising 3% for millionaires?

Or maybe they'll do it for some other reason. The FreedomWorks site says the Tea Party movement began in reaction to President Obama's corporate bailouts and ensuing yawning budget deficits. These same conservatives, however, were mum when George W. Bush erased our budget surplus and put us deep in the red by drunken spending on a pointless war in Iraq and by, yes, granting massive tax rollbacks for the loaded country clubbers who fund the GOP (and Armey's FreedomWorks). Another bothersome detail: The bailouts were also initiated by Bush.

Read more at link above.