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Democrats Lie About Reagan Tax Rates

Posted by: Michael Medved at 9:19 PM

While telling ABC news that higher taxes were “patriotic,” Senator Joe Biden also repeated the Democratic claim that Obama’s proposed tax hikes meant wealthy people are “still going to pay less taxes than they did under Reagan.” This profoundly misleading claim is based on the worst kind of fuzzy math. At the end of President Reagan’s term twenty years ago, the top marginal tax rate was 28%. Today, it’s 35%. Under Obama and Biden, it would rise to 39.6%. How does a 39.6% rate amount to “less taxes” than a 28% rate? Obviously, it doesn’t. When the Democrats talk about taxes paid “under Reagan” they cite the first months of his term—before the Gipper (and the great tax slasher) succeeded in radically lowering the top tax rate. He inherited a top marginal rate of 70%, then cut it several times to produce the booming economy of the ‘80’s. The tax rates that Obama and Biden favor shouldn’t be associated with Reagan – who cut taxes far below those levels – but rather with Carter who passed on to his GOP successor a staggering, dysfunctional economy even worse than the troubled situation of today. The dishonest Democratic reference to Reagan’s tax rates dishonors the memory of a great president, and demonstrates their own shameless mendacity.
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A WORLD GONE MAD

The Irrationality of Anti-Americanism

IF WE NEEDED more evidence that the anti-American vitriol from Europe and the Middle East is largely the product of manipulated imaginations, we have it. A new World Public Opinion poll of 17 nations reveals significant support for the claim that the United States staged the 9/11 terrorist attacks--presumably for its own malicious and imperialistic designs.

The poll, conducted between July 15 and August 31 and involving over 16,000 respondents, suggests that America's European and NATO "allies" are in fact infested with legions of anti-American conspiracy theorists. A slight majority of Britons blame al Qaeda for the attacks (57 percent), but another 26 percent say they don't know who the perpetrators were. The numbers were roughly the same for the French and the Italians, many of whom (8 percent and 13 percent, respectively) think the United States authored the act. Among Germans, nearly a fourth of all respondents (23 percent) finger the United States. Yes, one in four.

Likewise, the poll response among Muslim-majority nations signals that the battle for "hearts and minds" in the Islamic world is not going well. In Turkey, where anti-Americanism has spiked in recent years, an astonishing 36 percent of respondents blame the United States for the attacks. In the comparatively moderate state of Indonesia, less than a fourth of all respondents (23 percent) think al Qaeda orchestrated 9/11, while the majority (57 percent) claims they have no idea.

The poll results also demonstrate the insidious link between anti-Semitism and anti-Americanism.


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Obama's Not-So-Secret Weapon: The Media

Democrats and Double Standards

This is the newer, tougher Obama. The avatar of a new American politics of hope is gone, replaced by a no-nonsense practitioner of the old politics. His campaign is now less the vehicle of your hopes and your dreams than a vehicle of your frustration and your anger.

You might think that this walking, talking contradiction would be the focus of intense media scrutiny--hypocrisy being a staple of modern political reportage--but you'd be wrong.

The media line on the new Obama is simple: It's John McCain's fault. Barack Obama would like to win the presidency the right way but McCain won't let him.


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Whom Can A President Fire?

Lots of people, including the chairman of the SEC.  Adam J. White sets the record straight at the Weekly Standard's blog.

Adam J. White elaborates the legal case for a president's power to fire the SEC chairman.  Note to readers: Adam is not on record recommending that Chris Cox be fired, nor am I.  The argument is about what a president can do (some of McCain's critics hollering "he can't do that!"), not what he should.

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Who Did It

Audio: Mark Levin on the subprime crisis

It’s long, but we’ve had lots of requests for it and you’ve got time on a slow Sunday afternoon. What happens when a policy with good intentions is built on a foundation of bad financial sense? Ask the New York Times, which saw this coming almost 10 years ago. September 30, 1999

And now here we are. Click to listen.


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“But It’s Important Symbolism.”

Just a reminder: Obama’s a hypocrite on lobbyist money

Back we go to this tedious subject about which few voters much care but which The One, lacking any compelling evidence that he’ll bring a new type of politics to Washington, loves to invoke as proof of his immaculate Change-iness. Unlike the insiders, you see, he doesn’t take money from federally registered lobbyists or special interests, and from now on neither will the Democratic Party. Except that he does sometimes take money from federally registered lobbyists; and so does the Democratic Party, per its congressional reelection committees; and he’s overflowing with cash from employees of special interests, including employees of those dastardly oil companies; oh, and needless to say, he misleads voters about all of this by choosing his words very, very carefully even while he’s busy tossing out zingers about McCain’s lobbyist “old boys network.” (Get it?)

But if none of those earlier posts penetrated and you’re looking for a concise, all-in-one recap of The One’s cynicism on this point, dive into Matthew Cooper’s piece for Portfolio

He takes money from lobbyists’ spouses too, and even has federally registered lobbyists working for his campaign — but as volunteers, not paid employees, so that’s cool. The worst part is, his stance on this isn’t even the most glaring example of his opportunistic hypocrisy on “reform” issues, so since we’re dredging up old posts to revisit, go ahead and re-read this one too. The guy’s a poseur. Case closed.

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Tough Questions

Newsweek investigates: How many cars does McCain own?

Bear in mind, the guy who signs off on these pieces has been known to muse publicly about the huge electoral advantage Democrats derive from the fact that the media is chest-deep in the tank for the left. Speaking of which, your exit question: Did you know that Madeleine Albright and Colin Powell apparently want to “go to war with Russia”? Of course you didn’t.

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“We Still Don’t Like Black People.”

AP poll: Racism among white Democrats could cost Obama the election

Depressing, especially since it’s based on a huge sample. The key, of course, is correlation: It’s not whether white Democrats have negative opinions about blacks that matters (for these purposes), it’s the extent to which those opinions influence how they’re voting. What the poll’s trying to do, in essence, is untangle racial prejudice from the knot of hundreds of other considerations that go into one’s choice. Whether that’s possible, particularly via an unusual methodology that attempts to account for unconscious racism — note the details about “affect misattribution” and lists of things people find “upsetting” — I leave to our statistician readers to decide.

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Obama's Social Security Whopper

He tells Social Security recipients their money would now be in the stock market under McCain's plan. False.

Obama would have been correct to say that many workers under age 58 would have had some portion of their Social Security benefits affected by the current market turmoil – if they had chosen to participate. And market drops would be a worry for those who retire in future decades. But current retirees would not have been affected.

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Does It?

ABC: Document contradicts Palin’s Troopergate claim about police chief’s trip

More from the ABC piece:

In response to inquiries about the document Friday, the McCain-Palin campaign provided a statement from Randy Ruaro, another aide to Palin.

According to Ruaro, Monegan asked for — and received — approval for the travel without telling Palin’s staff his reason for going. “As a matter of routine, the travel was approved by Mike Nizich … weeks before the actual purpose was made clear by former Commissioner Monegan,” Ruaro wrote.

“When you receive permission to travel, it does not mean that you receive blanket authorization to discuss or do whatever you would like on that trip,” he added.

I.e. Monegan’s stated purpose on the travel report, “To attend meeting with Sen. Murkowski,” didn’t clue Nizich or anyone else in to what it was, precisely, he wanted to meet with Murkowski about. Again, it doesn’t speak well of Nizich and/or Palin if they’re signing off on travel vouchers before demanding specific reasons for the trip, especially for an employee who’s supposedly gone renegade, but this does jibe with Katz’s e-mail on July 7. They found out what he was going to D.C. for, told him to cancel the trip, he refused, and voila.



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No Surprise Here


Earlier this month, two clerics of a world religion were accidentally killed while assembling a bomb inside their house of worship.  We won’t tell you which religion, but let’s just say that absolutely no one was surprised.

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Will This Crisis Give Dems The Usual Bounce?

The bankruptcy of Lehman Bros., the sale of Merrill Lynch to Bank of America, the 500-point plunge of the Dow, the government takeover of AIG...

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Trumanesque Revisions Await Bush's Underrated Record

For the last 150 years, most American war presidents — most notably Lincoln, Wilson and Roosevelt — have entered (or...

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Dispelling The 'Deregulation' Myth

A dubious and dangerous idea seems to be gaining strength — that government caused the financial crisis by giving capitalism free rein. If anything, it hasn't done enough of that.

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