Send a Tweet
Most Popular Choices
Share on Facebook 4 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds    H3'ed 8/9/10

Media and the Message. CNN; Retain Bush Tax Cuts

By       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.
(# of views)   2 comments
Author 8547
Message Betsy L. Angert
Become a Fan
  (2 fans)

The "Right" and media moguls who used to anxiously await Alan Greenspan's advise now reject the man once titled an oracle. David Stockman, once characterized as a wunderkind is no longer welcome at the White House, on Wall Street, or in the Mainstream Media studios.

Interesting, or possibly, as expected, the words of the esteemed Mister Zakaria are also void in the less than honest, well honed, and more aired, Cable News Network account. "Federal tax receipts as a percentage of the economy are at their lowest point since 1950, and they had dropped to very low levels even before the recession. Half of Americans now pay no income taxes."

Instead, the report that invites Americans to retain Bush Tax cuts is broadcast farther and wider than the more informed elucidations. Contrary to the tax cutters claims that President Obama plans to punish the Middle Class, Bloomberg reports, "Obama and congressional Democrats want to extend (the tax cuts) for households earning up to $250,000 and let them end for wealthier taxpayers." Fareed Zakaria and perchance more surprisingly, in another forum, David Stockman, wish this were true.

Truthfulness is often tweaked when expert and powerful prose point to a vapid veracity, one that is less desirable to the self-defined blissful spenders who were featured in the ubiquitous Cable News Network account.

The no tax and spend only on self throng condemn the acumen Mister Zakaria avows; "We have to be willing to pay for the government we want, which by the way is among the smallest in the industrialized world or we have to dramatically cut the government, which means cutting popular middle- class programs, since that's where the money is."

No, the pious people proclaim loudly, we will not pay taxes, then assert, we want no government in our lives. Tax cuts advocates forget the foundation that our forefathers fashioned. Essayist, Pamphleteer, Philosopher Paine espoused as Fareed Zakaria did today. The two understood and addressed the necessary apprehension for Administrative rule while each concedes the commonweal must care to invest in the greater good. Were we to forget that no man is an island, we will forsake the future as we have in recent decades. Rarely remembered or recited is the founder's resolve to embrace an elected Legislative and Executive Branch. Perchance today, Fareed Zakaria spoke to the practical reality.

In order to gain a clear and just idea of the design and end of government, let us suppose a small number of persons settled in some sequestered part of the earth, unconnected with the rest, they will then represent the first peopling of any country, or of the world. In this state of natural liberty, society will be their first thought.

A thousand motives will excite them thereto, the strength of one man is so unequal to his wants, and his mind so unfitted for perpetual solitude, that he is soon obliged to seek assistance and relief of another, who in his turn requires the same. Four or five united would be able to raise a tolerable dwelling in the midst of a wilderness, but one man might labor out the common period of life without accomplishing any thing. This necessity . . . will point out the necessity, of establishing some form of government to supply the defect of moral virtue.

Instead of Paine's and Zakaria's profundity, the language Americans long for is the sentiment expressed by profiteers highlighted in the Chernoff commentary. Scott Hodge, President of Tax Foundation, an institute that Nobel Prize recipient Paul Krugman acknowledged as an unreliable source, reinforced the accepted alarm. Mister Hodge affirmed, "If Congress does nothing, it could lead to one of the largest tax increases in American history." Robert Traphagen, a partner with Traphagen Financial, and a man who makes money when affluent clients invest in purely personal wealth, affirmed, "If new tax legislation is not implemented, it would be a dramatic effect to the middle class." Indeed, it would.

Were we to adopt as Fareed Zakaria, Doctor Greenspan, and David Stockman think wise, Americans would have more money for schools, streets, services. The middle class would thrive. Media moguls would have less money to survive. Hence, the mantra, the message, If Bush tax cuts expire this will hurt America

References for varied realities . . .

Next Page  1  |  2

 

Must Read 2   Interesting 2   Valuable 1  
Rate It | View Ratings

Betsy L. Angert Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am an Educator, a student of life; I am an Author. On each path I learn from you and with you. Indeed. we all teach and study. Together we advance awareness and acumen. We learn, grow, and glow greater. Please peruse my prose at BeThink.org and (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Black History Month; The Subject that Segregates

Unions, Education and The Chicago Teachers Strike

Capitalism; Dead, Alive, and Broken

I Resolve . . .

Sex and the Super Bowl

Exit Strategy or Essentially Endless?

To View Comments or Join the Conversation: