Current Events Watch

Islamabad is desperate for support in its civil war against the Taliban

Peter Preston The Guardian

It is “the most dangerous place in the world”, according to Barack Obama. It’s also where 90% of our own home-front terrorist threat comes from, according to Gordon Brown. Forget scratched heads and reddening faces over Manchester’s missing weapons of destruction. No anxious leader can forget Pakistan - or fail to remember one lethally complex thing. Pakistan’s crisis is political as well as religious, economic as well as tribal, personal as well as endemic. Call Jinnah’s pure state a failed state now and expect ritual resentment. But ask in return what equals “success”, and hear silence descend. The misty, murky road from Operation Pathway is not so long after all.

Does Perry’s Support Of 10th Amendment Bill Make Him A Dangerous Right-wing Extremist?

Steve Watson Infowars.net

Texas Governor Rick Perry has backed a House resolution in support of states’ rights under the 10th Amendment to the U.S. Constitution. In the eyes of the Department of Homeland Security this makes him a dangerous right-wing extremist. HCR 50 affirms that Texas claims sovereignty under the Tenth Amendment over all powers not otherwise granted to the federal government. The bill also designates that all compulsory federal legislation that requires states to comply under threat of civil or criminal penalties, or that requires states to pass legislation or lose federal funding, be prohibited or repealed.

Taxing Matters

Robert L. Borosage Co-Director of Campaign for America’s Future

Tax Day. Fox News is flogging Astroturf “tea parties” underwritten by corporate lobbyists, while its pundits warn that raising the top income tax rate to the level it was under Bill Clinton constitutes “socialism.” The Wall Street Journal editorializes about the evils of the estate tax. Ari Fleischer, Daddy Bush’s old flack, is trotted out to complain that “redistribution of income” through the tax code “is getting out of hand.”

Really? Here’s the grim reality. Since 1980, when the conservative era began, inequality has reached Gilded Age extremes - while top end tax rates have been cut. The wealthiest few captured ever more of the nation’s income while successfully lowering their tax rates.

And worse - this is still going on. This month, every Republican Senator - joined bizarrely by 10 Democrats - pushed for yet another tax break for the super-rich - those with fortunes over $7 million. Apparently worried that the heirs of the Paris Hilton class might not be able to keep the yacht clubs humming, Republican Senators voted in lockstep to direct the Congress to raise the full exemption of estates from $7 to $10 million per couple, and drop the top rate from 45% to 35%. Over a decade when fully in effect, this represents a bauble worth about $90 billion to the 1 in 400 estates (one-fourth of one percent) that reach that level.

Fleischer would suggest this is a small, but inadequate step to curb the confiscatory redistribution of the tax code. But he’s peddling bull.