The Local Crank

Musings & Sardonic Commentary on Politics, Religion, Culture & Native American Issues. Bringing you the finest in radioactive screeds since 2002! "The Local Crank" newspaper column is distributed by Community Newspaper Holdings, Inc.

My Photo
Location: Cleburne, Texas, United States

Just a simple Cherokee trial lawyer, Barkman has been forcing his opinions on others in print since, for reasons that passeth understanding, he was an unsuccessful candidate for state representative in 2002. His philosophy: "If people had wanted me to be nice, they should've voted for me."

Wednesday, April 16, 2008

John McCain: The Elites' Populist

In what is sure to be a preview of the fall campaign, McCain trots out his long-abandoned "maverick" image to rail against "corporate welfare," and "extravagant salaries and severance deals" of corporate CEOs, when in reality his economic program is as pro-corporatist as anything Dubya ever proposed. And, of course, look for even more trotting out of various talking heads to denounce Obama as an "elitist," because he drinks orange juice. Or can't bowl. Or whatever.

UPDATE: Glenn Greenwald (after a lengthy defense of his latest book) outlines the sheer brass monkeys of a multi-millionaire like John McCain denouncing Obama (raised in modest circumstances by a single mother) as an "elitist," and, more importanly, why Democrats must fight back vociferously against GOP branding techniques.

Labels: , , , , ,


Blogger dmarks said...

A plan which calls for a 25% tax rate is not "pro-corporatist". But a lower rate makes it easier to companies to stay onshore (rather than leave) and retain workers.

4/17/2008 5:33 AM  
Blogger The Local Crank said...

Forty percent of American corporations (including nearly all of the largest and wealthiest corporations) currently pay NOTHING in income taxes, and they are still going offshore. America already has the third lowest effective corporate tax rate in the industrialized world. The idea that requiring corporations to pay anything close to their fair share in taxes is "forcing" them to go overseas is a Republican myth.

4/17/2008 9:51 AM  
Blogger dmarks said...

It's not the fair share that forces them out. It's the overtaxation.

4/17/2008 6:35 PM  
Blogger The Local Crank said...

Yes, I can see how not paying the third lowest corporate tax rate in the industrial world would rate as "overtaxation." Perhaps they are also "overregulated" by the regulations they ignore with impunity as well.

4/17/2008 9:17 PM  
Blogger dmarks said...

"Yes, I can see how not paying the third lowest corporate tax rate in the industrial world would rate as "overtaxation."

Good. Because bad policy is bad policy, even if many others have even worse policies.

4/17/2008 9:32 PM  

Post a Comment

<< Home