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Interests: Website: <a href="">Social Choice and Beyond,</a> Jazz, Art, Travel, Societal Architecture, Information Theory, my Grandchildren
Recent Activity
"The very high risk is that the new statutory corporate tax rate of 20% is NOT NET of most of the current 8 percentage points of tax reduction "goodies" deeply enmeshed in our tax system. So the "effective" corporate tax rate could well be in the low +-16% range" 20% - 8% = 12% so the "effective" corporate tax rate could go to 12% not 16%.
Frank, Trump is tuned in to what I call hate talk radio which many people especially in his base listen to all day as a daily diet. He didn't create that base. It was created for him by the likes of Rush Limbaugh, Alex Jones and Fox news all of which have made millions in the process. He is just exploiting that ready made red state "Republican" base. I put Republican in quotes because they are not really Republicans in the traditional sense. They are angry people who are voting against the Democrats. They are rural mainly voting against the urban. Even in the south in the big cities, they are voting Democratic.
Frank, I don't entirely appreciate the meaning of a "coalition government." Why does Angela Merkel's party have to combine with another party so that the combined parties have a majority of seats?
Frank, Thank you for your cogent and insightful remarks. What will the world look like without the petrodollar? How will this affect the national debt? Has the overuse of sanctions contributed to this result? It seems like their will be major changes in the world's power alignment.
Toggle Commented Sep 14, 2017 on Off the Top of My Head at California Free Press
The climate change deniers didn't want the Federal government to offer any help to the victims of Hurricane Sandy. They said it was an individual problem and the government shouldn't get involved. Those people were at fault because they didn't buy flood insurance like they should have. Governor of Florida, Rick Scott, is a climate change denier, but now he's got his hand out for the government to bail out his state. It ought to be a requirement that no state can receive Federal aid for a climate disaster unless they first admit that climate change is a reality. For those that don't, tough tickey, it's an individual problem and your constituents should have bought flood insurance. That's your belief system, right, unless it happens to you. Then you've got your hand out for the rest of us to help.
From IB Times: Canceling New Flood Risk Standards On January 30, 2015, President Barack Obama signed an executive order establishing a Federal Flood Risk Management Standard, an effort to shore up the nation’s defenses against the potential torrential rain and sea-level rise associated with the warming atmosphere. The order updated a 40-year-old order crafted before climate was an unavoidable issue, and directed federal agencies to revise flood maps and evaluate flood-avoidance rules for taxpayer-funded projects. It would have meant, according to the Association of State Flood Plain Managers, “that projects funded with taxpayer dollars do not have to be rebuilt time and again as we deal with increased rainfall and storm events.” On August 15, in an executive order streamlining infrastructure priorities, Trump revoked the order. Trump has also revoked two other Obama executive orders related to climate — one that helped states and local governments coordinate better with the federal government, and Obama’s June 2013 Climate Action Plan.
Toggle Commented Sep 1, 2017 on Off the Top of My Head at California Free Press
Frank, The link is still not working, but your comment is much appreciated. John