Posted in Main Blog (All Posts) on December 9th, 2012 12:08 am by HL
Protesters in Egypt: This Is Just the Beginning
Evan Hill, The Atlantic
Amid bullets and flames, opposition activists clash with regime supporters over President Morsi's attempted expansion of executive authority.The blast echoed from somewhere near the front lines. A fragment — probably a shotgun pellet — ricocheted into Muhammad Abdel Aziz's face. He flinched and touched his cheek — no wound, this time. Earlier, three or four had gashed his chin and swelled one side of his jaw, spattering his striped shirt with blood.
Why Hillary Must Run in 2016
Michael Tomasky, The Daily Beast
Is it too early to talk about 2016? Of course it is. It's preposterous. So I'm not talking about 2016. Instead, I'm talking about something much bigger: I'm talking, let us say, about the great march of history, the ineluctable links of causality, the tempora and the mores, the old mole working both underground and above. And in this context, this context of keeping history moving forward, Hillary Clinton has not just the chance to run in 2016. She has the obligation to do so. Her party, and her country, will need her then, to consolidate gains and prevent the backsliding…
Yesterday’s Revenue Can’t Support Tomorrow’s America
Ezra Klein, WP
Since 1950, federal revenue has averaged about 18 percent of gross domestic product — 17.8 percent of GDP, to be exact. A neat bit of trivia, but who cares?Lots of people, it seems. Republicans on the House Budget Committee, in a news release titled “The Impact of Looming Tax Increases,” emphasize that “federal revenue rose to 18.5 percent of gross domestic product in fiscal year 2007, well above the 50-year historical average of 18 percent.” This proves, they say, that “tax relief did not cause today’s deficits.”
Shock Therapy for Obama’s Supersized Gov’t
Robert Robb, AZ Republic
I’ve been having irresponsible thoughts. Or at least I’ve been thinking more favorably about something I have previously denounced as irresponsible: not increasing the federal debt limit.There is no good end in sight for the non-negotiations to avoid the fiscal cliff. And the impasse goes far deeper than the question that preoccupies the public discussion about whether to increase the tax rates on the affluent.