A Billionaire With A Conscience?

I have written often about the income disparity between the 1% and the rest of us, and I’m often critical of millionaires and billionaires for hoarding their wealth when children are dying every day for lack of food, medicine and hygiene.  Today I came across an OpEd in the New York Times by a millionaire who is a bit different than most, Eli Broad.  While I do not agree 100% with everything Mr. Broad says, what he proposes is a start, a step in the right direction.  Mr. Broad has an estimated net worth of $6.7 billion, so he can well afford a bit of philanthropy and a higher tax rate.  If we must have millionaires and billionaires, at least let them have a conscience. Take a look …


I’m in the 1 Percent. Please, Raise My Taxes.

Wealthy people like me should commit to reducing the ravages of economic inequality.

By Eli Broad

Eli-Broad.jpgThere’s a story we like to tell about American capitalism. Ours is a country that prizes merit, rewards risk and stands apart in its commitment to the collective success of open markets and the free flow of capital. We are a nation of strivers who can pull ourselves up by our bootstraps with the right combination of grit and determination.

That’s the tale we love to tell and hear. But take it from a person who has found himself on the fortunate side of that narrative: This story is incomplete. For most people, our system isn’t working.

I say this as the child of Jewish immigrants from Lithuania who came here with little more than an oversize belief in what America could offer. Their faith was well placed: My parents watched me build two Fortune 500 companies and become one of the wealthiest people in the country.

Two decades ago I turned full-time to philanthropy and threw myself into supporting public education, scientific and medical research, and visual and performing arts, believing it was my responsibility to give back some of what had so generously been given to me. But I’ve come to realize that no amount of philanthropic commitment will compensate for the deep inequities preventing most Americans — the factory workers and farmers, entrepreneurs and electricians, teachers, nurses and small-business owners — from the basic prosperity we call the American dream.

Some of us have supported closing the gulf between rich and poor by raising the minimum wage to $15 an hour, reforming our education system, expanding access to medical care, building more affordable housing.

But even in cities like my adopted hometown, Los Angeles, where many of these policies have been enacted, they have not adequately addressed the crisis. Our country must do something bigger and more radical, starting with the most unfair area of federal policy: our tax code.

It’s time to start talking seriously about a wealth tax.

Some will say I’m calling for the populist masses to take out the pitchforks and take down the titans of Wall Street. Some will say it’s just too difficult to execute. Others will call it a flight of fancy.

Don’t get me wrong: I am not advocating an end to the capitalist system that’s yielded some of the greatest gains in prosperity and innovation in human history. I simply believe it’s time for those of us with great wealth to commit to reducing income inequality, starting with the demand to be taxed at a higher rate than everyone else.

This does not mean I support paying higher taxes without requiring government to be transparent, accountable and equitable about how it spends the revenue, particularly for health care, public education and other programs critical to social and economic mobility. But let’s end this tired argument that we must delay fixing structural inequities until our government is running as efficiently as the most profitable companies. That’s a convenient tactic employed to distract us from the real problems.

The enormous challenges we face as a nation — the climate crisis, the shrinking middle class, skyrocketing housing and health care costs, and many more — are a stark call to action. The old ways aren’t working, and we can’t waste any more time tinkering around the edges.

Democrats have offered an array of plans. Senator Elizabeth Warren would levy a 2 percent tax on every dollar of net worth above $50 million. There’s an overdue proposal from Senator Bernie Sanders to increase taxes on estates and inheritances. And then there’s the mark-to-market approach proposed by Senator Ron Wyden, which would treat capital gains income as what it is — actual income for the wealthiest people in America. Currently people who have stocks and other investments that appreciate in value — usually people of means — are taxed at lower rates and are allowed to defer taxes.

I’m not an economist but I have watched my wealth grow exponentially thanks to federal policies that have cut my tax rates while wages for regular people have stagnated and poverty rates have increased.

So when the Democratic candidates take the stage this week for their first debate, I invite fellow members of the 1 percent to join me in demanding that they engage in a robust discussion of how we can strengthen a post-Trump America by reforming our tax code.

Let’s admit out loud what we all know to be true: A wealth tax can start to address the economic inequality eroding the soul of our country’s strength. I can afford to pay more, and I know others can too. What we can’t afford are more shortsighted policies that skirt big ideas, avoid tough issues and do little to alleviate the poverty faced by millions of Americans. There’s no time to waste.

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Eric Swalwell: The 7 Issues Guide

Today I bring you the 14th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. Eric Swalwell is on deck today. I know next to nothing about Mr. Swalwell, other than that he is currently serving his 4th term in the U.S. House of Representatives. He seems to have the right ideas, but with 23 candidates currently in the running, I don’t see anything that stands out and says, “Pick me!” Nonetheless, I believe all the candidates should be given fair consideration, for you never know where you will find a diamond in the rough. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. Swalwell!

Political⚡Charge

swalwell Rep. Eric Swalwell

The Democrats have a big field of candidates running for President in 2020. Each of them brings their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve gathered quotes and information about what the candidates have said or done in regards to the 7 issues that midterm voters identified as the most important. I hope that these guides serve as a helpful starting point for you as you look into which candidates (or how many candidates!) you are interested in…

View original post 1,397 more words

Joe Biden: The 7 Issues Guide

Today I bring you the 13th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. Joe Biden is on deck today. Biden is among my favourites, as I have long had respect and admiration for him. Joe was poised to run in 2016, but sadly his son died of cancer in May 2015 and he bowed out, feeling it was in the best interest of his family to do so at that time. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. Biden!

Political⚡Charge

biden-smile Joe Biden

The Democrats have a big field of candidates running for President in 2020. Each of them brings their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve gathered quotes and information about what the candidates have said or done in regards to the 7 issues that midterm voters identified as the most important. I hope that these guides serve as a helpful starting point for you as you look into which candidates (or how many candidates!) you are interested in supporting…

View original post 1,357 more words

John Delaney: The 7 Issues Guide

Today I bring you the 12th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. John Delaney is on deck today. I must admit that until today, I had never heard of John Delaney. He was the represented the 6th district of Maryland in the U.S. House of Representatives from 2013 until 2019, and did not run for re-election last year, preferring to focus on his bid for the presidency. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. Delaney!

Political⚡Charge

johndelaney-forprez-560 John Delaney

The Democrats have a big field of candidates running for President in 2020. Each of them brings their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve gathered quotes and information about what the candidates have said or done in regards to the 7 issues that midterm voters identified as the most important. I hope that these guides serve as a helpful starting point for you as you look into which candidates (or how many candidates!) you are interested in supporting…

View original post 1,453 more words

Beto O’Rourke: The 7 Issues Guide

Today I bring you the 10th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. Beto O’Rourke is on deck today. Last year, Mr. O’Rourke challenged Senator Ted Cruz for his Senate seat and came very close to winning. He is, in my opinion, an exciting candidate, so let’s learn a bit more about his platform. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. O’Rourke!

Political⚡Charge

Beto Beto O’Rourke, Photo by MICHAEL STRAVATO via The Texas Tribune

The Democrats have a big field of candidates running for President in 2020. To briefly use a sports analogy, I see our candidates as the starting players on the Blue team, each bringing their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve gathered quotes and information about what the candidates have said or done in regards to the 7 issues that midterm voters identified as the most important. I hope that these…

View original post 1,441 more words

Filosofa’s BIG Announcement!

Okay, folks … here is my big announcement:

I’ve decided to run for President of the United States in November 2020! 

Um … don’t everybody wear your hands out applauding now … well, a little bit of applause might be nice … okay, I’ll settle for those few chuckles I heard.

Now, I can’t afford a huge campaign, and I will NOT take a single dime from any business or lobbying interest, so that puts me at a disadvantage before I even get to the gate. However, I do have a few advantages over the rest of the pack, but I’ll get to those in a minute.

First, a few of my highest priorities:

  • Environmental
    • The United States will immediately, the day after I take office, rejoin the Paris Accord
    • All regulations on the fossil fuel and auto industries that were revoked by my predecessor will immediately be re-instated
    • I will petition Congress for emergency funding to re-build the Environmental Protection Agency and will nominate a conscientious person as director of that agency
    • We will enhance our renewable energy resources and provide incentives for companies to develop new sustainable energy sources
  • Constitutional Issues
    • I will support freedom of the press to the fullest, even when I don’t like what they say about me – the free press is our only hope for remaining a free people
    • Separation of church and state will be the law. There is no place for religion in government, and this government will support no particular religion over another
    • I will petition Congress for a ban on all assault weapons, and for expanded background checks, as well as training and licensing in order to obtain any sort of firearm
  • Education
    • All funding for the Department of Education will go toward public schools where all children will be treated equally; taxpayer money will NOT be used for ‘charter’ schools that benefit only the few
    • I will propose that Congress introduce legislation to provide free college tuition for a minimum of two years to all students whose annual family income falls below $100,000
    • School curriculums will be evaluated and re-designed as necessary in order to provide students with a well-balanced education that includes both career training and a liberal arts education
    • Religion will not be taught in public schools. Parents who wish their children to obtain religious training may send their children to religious schools at their own expense
  • Health Care
    • No person in the country will be without affordable healthcare. Most will pay according to their ability to pay, without such payment placing undo hardship.  Those who cannot afford to pay will receive free healthcare
    • There will be an ad hoc committee to study prescription drug costs and appropriate caps will be put on all pharmaceuticals
  • Taxation
    • The tax brackets will be expanded for those earning over $100,000 per year. Those whose net worth is $1 million or more will fall into the highest income tax brackets, to be determined before year end
  • Economy
    • Unfettered capitalism will cease to exist. My administration will place a higher value on human life than on GDP
    • The Chairman of the Federal Reserve will decide at what point it is prudent to raise or lower interest rates without coercion from myself or others. This is not a political agency, but one based on the best interest of the nation
    • We will aim for a balanced budget, or at least reduce the deficit by 20% each year, and will not increase the national debt beyond its current levels
  • International Relations
    • We will begin re-building trust among our allies in whatever way possible
    • We will hold Crown Prince Mohammed bin Salman accountable for the brutal murder of our journalist Jamal Khashoggi last year by severing any arms agreements, and imposing other sanctions as seen fit
    • There will be NO wall on our border

This is by no means a comprehensive list, but merely the top bullet points of my platform.  Now, what do I bring to the table, since it damn sure isn’t money or fame?

Honesty and integrity, for starters.  I will take not a single dime from any organization that seeks special favours or sees their donation as creating an obligation.  I will not lie … if I cannot tell you something, I will simply say that I cannot discuss it, but I will not lie or over-inflate my achievements.  I will demand the same from any cabinet members that I select.

Compassion and humanity.  I will put the people of this nation … all the people … ahead of profit.  One thing this means is that I will never demean or mock another human being.  We’ve had enough of that to last a lifetime.  I will not tolerate bigotry in any form. The emphasis of this government will be people, not weapons of war, not profit for the biggest corporations, but the well-being of people.

Literacy.  Unlike my predecessor, I have studied politics and history all my life, hold a B.S. in both Accounting and Political Science, and an M.A. in International Relations.  I have read the U.S. Constitution at least 50 times in the past 30 years and have taken a number of classes in Constitutional Law.  I have studied past presidents.  And I can write more than 5 words without a spelling error.  In other words, I know the difference between ‘origins’ and ‘oranges’.

Common Sense.  I am smart enough to realize that there are many, many things I will not know, but unlike my predecessor, I am willing to seek the advice of those who do know those things.  I am also smart enough to realize that sometimes we all make mistakes, but the important thing is to admit those mistakes, then take steps to rectify the errors.  This I will do.

And that, my friends, is all I have to offer.  Now all I have to do is find a running mate who shares my values and vision.  Any takers?

John Hickenlooper: The 7 Issues Guide

Today I bring you the 9th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. John Hickenlooper is on deck today, and I didn’t know much about him at all, so this post is enlightening for me, as well. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. Hickenlooper!

Political⚡Charge

hickenlooper

The Democrats have a big field of candidates running for President in 2020. To briefly use a sports analogy, I see our candidates as the starting players on the Blue team, each bringing their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve enlisted the help of a team of terrific volunteers who have helped gather quotes and information about what the candidates have said or done in regards to the 7 issues that midterm voters identified as the most important. I hope…

View original post 1,460 more words

‘Toons To Make You Laugh (Or Cry)

I think it’s time for another batch of toons, don’t you?

The two biggest topics in ‘Toonland’ this week are ones I refuse to touch, so let’s start with the third biggest.  Recently the Idiot-in-Chief declared that wind turbines, or rather the noise from them, cause cancer.  This notion came from the cavernous depths inside his rather spongy head, but it made for some good humour at his expense.

wind-turbinewind-turbine-2wind-turbine-3wind-turbines-4

And of course one of the big topics remains, as it has been for over two years now, immigration, or rather Trump’s use of immigration as a fear-mongering tactic.

immigrationimmigration-2

On a related note, there was his demand for Kirstjen Nielsen’s resignation because, although she was a cruel and heartless b**ch, she was not quite cruel and heartless enough to suit the ‘man’ without a conscience.

neilsen

Let us not forget about his determination to squash ‘Obamacare’ and replace it with … the grim reaper.

trump-2020

healthcarehealthcare-2

And beyond all of that, it’s pretty much the usual chaos and insanity that define the reign of Donald Trump.

chaostrump-dumbotrump-insanity

Have a great weekend, folks!  Wha … WHAT???  It’s not the weekend yet?  It’s only Wednesday?

panic

Jay Inslee: The 7 Issues Guide

Today I bring you the 8th installment of TokyoSand’s excellent series, The 7 Issues Guide, helping us get to know a bit about the platforms of the democratic candidates running for the office of president next year. Jay Inslee is on deck today, and I didn’t know much about him, other than that he is the Governor of the State of Washington, but I like what I see here. Thank you, TokyoSand, and your diligent volunteers, for helping us get to know Mr. Inslee!

Political⚡Charge

Inslee Photo via Puget Sound Business Journal

The Democrats have a big field of candidates running for President in 2020. To briefly use a sports analogy, I see our candidates as the starting players on the Blue team, each bringing their own unique strengths to the table in a bid to take our country in a very different direction than the one we’re on today.

But as we well know from 2016, the media (and especially social media) gets fixated on non-substantial issues that take up all the oxygen. Plus, they don’t give the candidates the same treatment or the same amount of airtime.

In order to help voters get to know the Democratic candidates, I’ve enlisted the help of a team of terrific volunteers who have helped gather quotes and information about what the candidates have said or done in regards to the7 issues that midterm voters identified as…

View original post 1,614 more words

‘Toons

I think it’s about time we found some humour in all the muck going on in this country today, don’t you?  Three things are big news this week:  ACA, also known as Obamacare, and the republican’s urge to ensure that some 20 million people will have no access to health care; Jussie Smollett’s sudden and mysterious exoneration; and of course the Mueller report, Barr’s slowness in releasing the entire report, and Trump’s false claim that he was cleared of any wrongdoing.  Let’s see what the talented cartoonists have done with these …

First, the Smollett case …

Escaping chargessmollettsmollet-3amollett-2

ACA?  Obamacare?  Trumpcare?

aca-1aca-2aca-3aca-4aca-5

And of course the biggest news of the day spawns the most ‘toons …

barr-1barr-2barr-3barr-4barr-5barr-6barr-7barr-8barr-9barr-10barr-12

And a few random ‘toons …

boeingBruce Plante Cartoon: A Betsy DeVos SpecialMike-LeeSelf-regulationtrump-1trump-2