Tuesday, May 20, 2003
That Voodoo That They Do So Well

Supporters of making dividends tax-free like to paint critics as promoters of class warfare. The fact is, however, that their proposal promotes class welfare. For my class.

Warren Buffet, one of the richest men in the world, calls a spade a spade in a Washington Post editorial.

Oh yeah, George Soros, one of the other richest men in the world, is pissed too:

"I have to disclose that I now have a short position against the dollar because I listen to what the Secretary of the Treasury is telling me," Soros said in the CNBC interview.

He was referring to recent remarks by U.S. Treasury Secretary John Snow, who has recently suggested that he was unconcerned by the dollar's sharp decline. Soros criticized Snow's apparent shift away from the strong dollar policy as a "mistake."

Finally on the economic front, The Daily Kos thinks that the Democratic Party should be the party of the socially liberal/fiscally conservative center of the country - those currently pulling the Republican's to the left and the Democrat's to the right:

I've made hay about how the GOP is actually BAD for fiscal responsibility -- how both Bush presidencies have been marked by record deficits. How GOP governors are currently leading the way with tax increases while most of their newly elected Dem counterparts avoid raising taxes. How the stock market performs best during Democratic administrations.

But the myth persists that the GOP is a better steward of the taxpayer's money. Reality is quite different. Those days are long past, the roles reversed.


World Affairs from Wozz
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