Posts tagged ‘scott brown’

July 26, 2011

Another Inconvenient Truth: The Democrats Only Had A Super-Majority For About Three Months

by Ben Hoffman

A lot of people think the Democrats had a super-majority for the first two years of the Obama administration, but instead of two years, it was more like three months.

  1. Democrats achieved a super-majority on July 7, 2009 when Al Franken assumed office
  2. Congress was on recess from Aug 8-Sep 5
  3. Robert Byrd was extremely sick during fall and winter of 2009 and was unable to cast his vote during much of that time.
  4. Scott Brown (R) assumed Ted Kennedy’s seat in the Senate on February 4, 2010, thus eliminating the Democrat’s super-majority.
February 4, 2010

Democrat’s Loss Of Super-Majority Causes Dow To Fall 268 Points!

by Ben Hoffman

With the swearing in of Scott Brown today, panic swept through America and people sold their stocks, fearing the worst. Democrats no longer have the super-majority needed to pass even the most trivial of legislation.

Our country is in serious trouble. Just to keep running, the government needs to borrow $14.3 trillion dollars. The federal debt is now at over $12 trillion, thanks to the irresponsible tax cuts in 2001 and 2003, the two wars, and high unemployment that has greatly reduced revenues, not to mention the over $400 billion dollars a year we pay to interest on the debt.

When Bush’s first fiscal year began on Oct. 1, 2001, the federal debt was $5.8 trillion. At the end of his final fiscal year on Sept. 30, 2009, the debt was $11.9 trillion. He increased the federal debt by some $6.1 trillion, more than doubling our debt.

Of course, the Republicans have a history of radical fiscal policies. Reagan more than tripled the debt. It went from a modest $900 billion to $2.8 trillion during his tenure.

So it’s understandable that people would be concerned about the economy with another Republican in Congress. This might be a good time to go short in the market.

Note: the European debt problems and worse than expected jobs report may also have contributed to the stock market drop today.

January 16, 2010

Scott Brown On The Issues: No Answers To The Problems Facing America

by Ben Hoffman

The Senate race in Massachusetts is too close to call. The gut-instinct voters see Scott Brown as a likable, intelligent, articulate candidate, and their gut-instincts tell them to vote for him. Many of the so called “independents” who’s direction is determined by the prevailing winds are also leaning towards this so-called moderate.

Let’s look at Scott Brown on the issues. I’m taking these directly from his website http://brownforsenate.com/issues

Health Care

Scott Brown is against the insurance reform legislation under consideration in Congress and will vote against it. He says “It will raise taxes, increase government spending and lower the quality of care, especially for elders on Medicare.”

It’s true that the legislation will raise taxes and increase government spending. All government programs increase spending and rather than borrow the money, taxes need to be increased to pay for it. But is that such a bad thing. If we’re paying less for insurance but more in taxes, as long as the tax increase is less than the insurance savings, we’re ahead.

The last part of that statement is a lie. There’s nothing in the legislation that will lower the quality of care. He’s using scare tactics to try to win votes, which is a common tactic of the right-wing. Republicans want a scared populace. Their’s is the party of emotions, and overly emotional people are often irrational.

Scott Brown claims he “support(s) strengthening the existing private market system with policies that will drive down costs and make it easier for people to purchase affordable insurance.” He offers no ideas for how to accomplish that, though. Republicans have no real desire to reform health insurance to make it more affordable.

Economy

Brown says: “I am a free enterprise advocate who believes that lower taxes can encourage economic growth. Raising taxes stifles growth, weakens the economy and puts more people out of work. Our economy works best when individuals have more of their income to spend, and businesses have money to invest and add jobs.”

Scott should read the news once in a while. It was the free enterprise policies that brought down our economy. The repeal of the Glass-Steagall Act in the 1999 allowed banks to become high-stakes gamblers. The Commodity Futures Modernization Act of 2000 allowed speculators to drive up the price of oil and food, which contributed to the destruction of our economy. Every time there is irresponsible deregulation, it is the American public that foots the bill. The same thing happened back in the 1980s with Reagan’s deregulation and the subsequent S&L scandal and bailout.

Scott repeats the same tired right-wing mantra that “lower taxes encourage economic growth.” That is only true if taxes are stifling the economy, which very seldom is the case. Bush was able to use the “war on terror” to push through his massive tax cuts, but they had little positive effect on the economy. On the contrary: they doubled the national debt. Clinton, on the other hand, raised taxes, and what followed was a huge economic boom. Reagan cut taxes, which did little to spur economic growth. We had a mini tech boom back in the 80s with the PC, VCR, and other technological advancements resulting in job creation here in the U.S. Remember the days when things were made here in America?

Energy and Environment

Brown says: “In order to reduce our dependence on foreign oil,” Scott claims, “I support reasonable and appropriate development of alternative energy sources such as wind, solar, nuclear, geothermal and improved hydroelectric facilities.”

Reasonable and appropriate? How about a fast paced plan that will spur economic growth? Few people want nuclear power plants in their regions, and hydroelectric facilities often damage the environment. So on energy and the environment, Scott has no ideas.

Education

Brown says: “I am passionate about improving the quality of our public schools. Accountability and high standards are paramount. I support choice through charter schools, as well as the MCAS exam as a graduation requirement. I have worked to ensure that all children have access to a quality education. I am a strong advocate for the METCO program, which provides lower income students with broader educational opportunities.”

What about higher education? We need a highly skilled work force. That means college education. Colleges and universities have become too expensive for many young people and students are graduating 10s of thousands of dollars in debt. How about some ideas on how to reduce costs for higher education? An educated work force will bring jobs back to America that have been outsourced to countries like India.

Immigration

Brown says: “I oppose amnesty, and I believe we ought to strengthen our border enforcement and institute an employment verification system with penalties for companies that hire illegal immigrants.”

How about going after companies that hire illegal aliens?

And finally, Scott Brown on foreign policy. He claims, “I support the bi-partisan Iran sanctions bill and believe that until Ahmadinejad gives up his nuclear ambitions he should be isolated from the rest of the world.”

Ahmadinejad is not the head of Iran’s military. That would be the Supreme Leader Ayatollah Ali Khamenei. In other words, Brown is clueless when it comes to foreign policy.

Like almost all Republicans, Scott Brown has no answers — only the same old ideology that has destroyed our economy. Vote for America. Vote Democrat.

January 13, 2010

A Moderate In The Repubican Party? Not so much.

by Ben Hoffman

While Senatorial candidate Scott Brown is pro-choice and believes same-sex marriage should be a decision left up to the states, he hasn’t a clue when it comes to economic policy. His only “solution” to the deep recession is more tax cuts. With the latest deficit at over $1.7 trillion dollars, cutting taxes more is a radical idea. But like the old saying goes, “when your only tool is a hammer, everything looks like a nail.”

Republicans fit the definition of insanity: doing the same thing over and over and expecting a different result. Reagan’s tax cuts didn’t help the economy, but they did triple the federal debt. Bush’s tax cuts didn’t help the economy, but they did double the federal debt. Here we are with the federal debt at over $12 trillion and Republicans want to cut taxes even more. It’s bad for our country.

To the people of Massachusetts: vote for America. Vote Democrat.

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