Pick Wayne's Brain

June 1, 2015

Another Conservative Myth Busted

Filed under: Commentary — Tags: , , , , , , , , — Wayne A. Schneider @ 12:39 AM

Will Conservatives never learn? I suppose that’s like asking, “Does the Pope shit in the woods?”, which, given the Holy See Hippie we have now, I wouldn’t put it past him to go on a few “Nature walks” now and then. But when it comes to tax policy, the answer is Yes, they never learn. Case in point: Kansas, a/k/a “KS”, a/k/a “Koch State” (H/T Jane), a/k/a “Land of Tornadoes, Cute Little Flying Monkeys, and Blood Thirsty Munchkins.” Yes, that Kansas. Way back in 2012, the brilliant minds of the Conservative Republican-controlled State Legislature decided to heed the demands of David Koch and cut taxes drastically. (Don’t waste my time and yours by asking me to prove they did this at the behest of the Koch Brothers. If you honestly think the Kochs had no influence on the tax policy of the state in which Koch Industries is headquartered, you’re too naive to be reading political blogs and should go back to bed, curled up in a fetal position, rocking back and forth while sucking your thumb. Or just read 1980 Libertarian Party Vice Presidential nominee David Koch’s official platform.) But now, three years later, the job growth never happened, and KS finds itself with a $400 million budget shortfall. They realize they’ve cut as many public services as they can get away with cutting (I’m sure they’ve gone too far, but that’s an argument for another day), and now they have to consider doing something anathema to them: (more…)

November 15, 2008

Re-Thinking Capitalism

Filed under: Commentary — Tags: , , , , , — Wayne A. Schneider @ 11:07 PM

As one of the nation’s premier non-economists, I have some thoughts I’d like to share about how to fix the economy to the betterment of the many over the enrichment of the few. We’ve all heard the expression, “The rich get richer and the poor get poorer.” Most of us believe it to be true (because it is), but the naysayers are almost always from the elite class of people who have quite a lot of money. More than they need, if you want to be perfectly honest. And to me, therein lies the heart of the debate: Should Capitalism be about getting what you need, or getting what you want?

The people who study this stuff refer to it as Wealth Condensation, but I’m a non-economist, so I’m simply going to refer to it as a “flaw” in the system. In a nutshell, the way things are set up right now, wealth flows through the system into the hands of an elite few – the Super Rich. I’m talking about the people with, like, a hundred million dollars or more. They’re out there, and they have a lot of the money. (more…)

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