Comments on: Shameless Hustles and Tax Cuts http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/ Exposing the ugly truths about the Bush Administration. Sun, 07 Sep 2008 08:30:49 +0000 http://wordpress.org/?v=1.5.1.3 by: The Mahablog » Thinking http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-499326 Sat, 22 Dec 2007 16:14:59 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-499326 [...] Generations of real-world experience says that securities and markets need some kind of regulation to keep them honest or the forces of greed will take over and tear them apart. We saw this in the late 19th century during the age of the Robber Barons. We saw this in the Coolidge Administration. We saw it during the Savings and Loan crisis of the 1980s. [...] […] Generations of real-world experience says that securities and markets need some kind of regulation to keep them honest or the forces of greed will take over and tear them apart. We saw this in the late 19th century during the age of the Robber Barons. We saw this in the Coolidge Administration. We saw it during the Savings and Loan crisis of the 1980s. […]

]]> by: The Mahablog » Awful Aughts http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-216138 Sun, 13 May 2007 17:06:16 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-216138 [...] Awhile back I wrote a post correcting a claim by Fred Thompson that Calvin Coolidge’s tax cuts had been good for the economy. They weren’t. But while I was researching that post I found some other remarkable parallels between the Roaring Twenties and today, an era I like to call the Awful Aughts (as in 00s). [...] […] Awhile back I wrote a post correcting a claim by Fred Thompson that Calvin Coolidge’s tax cuts had been good for the economy. They weren’t. But while I was researching that post I found some other remarkable parallels between the Roaring Twenties and today, an era I like to call the Awful Aughts (as in 00s). […]

]]> by: marcos http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201764 Thu, 19 Apr 2007 11:05:39 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201764 Well, I'm not going to bother defending myself here, if you're going to censor criticism, and call it cheap insults. It's obvious that you aren't interested in debate. [<em>Actually, I'm interested in not being insulted. I enjoy debate, especially about history. If you had written the same criticism without the insults I would have left your posts alone and debated you. Please read <a href="http://www.mahablog.com/commenting-rules/">comment policy</a> before commenting in the future. Or better yet, just stay away. -- maha</em>] Well, I’m not going to bother defending myself here, if you’re going to censor criticism, and call it cheap insults. It’s obvious that you aren’t interested in debate.

[Actually, I’m interested in not being insulted. I enjoy debate, especially about history. If you had written the same criticism without the insults I would have left your posts alone and debated you. Please read comment policy before commenting in the future. Or better yet, just stay away. — maha]

]]> by: marcos http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201377 Tue, 17 Apr 2007 11:25:35 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201377 Oh, I'd better include the pertinent part of pfox's post that I was addressing. Pfox was addressing Nichole Bell as the author of the material, but she was quoting Barbara. Still, I think his criticism stands for both. I believe that your assertion that because Calvin Coolidge cut taxes, that lead to "Black Thursday" and subsequently the depression is a logical fallacy, specifically "Because B happened after A, then A is the cause of B". [<em>marcos -- I did not say the tax cuts caused the stock market crash. Learn to read. Actually the cuts in domestic spending to pay for the tax cuts were a bigger factor, plus the lack of regulation of securities, no protection for bank deposits, etc. I am deleting the remainder of your comments. If you would like to try again without the cheap insults, next time I might allow them to be posted.</em> -- maha] Oh, I’d better include the pertinent part of pfox’s post that I was addressing. Pfox was addressing Nichole Bell as the author of the material, but she was quoting Barbara. Still, I think his criticism stands for both.

I believe that your assertion that because Calvin Coolidge cut taxes, that lead to “Black Thursday” and subsequently the depression is a logical fallacy, specifically “Because B happened after A, then A is the cause of B”.

[marcos — I did not say the tax cuts caused the stock market crash. Learn to read. Actually the cuts in domestic spending to pay for the tax cuts were a bigger factor, plus the lack of regulation of securities, no protection for bank deposits, etc. I am deleting the remainder of your comments. If you would like to try again without the cheap insults, next time I might allow them to be posted. — maha]

]]> by: fshk http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201291 Tue, 17 Apr 2007 01:52:54 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201291 The prosperity of the 20s really peaked in 1927; urban areas, New York in particular, hung in there, but the Depression hit people in rural areas long before the stock market crashed. So much for money growing on cornstalks or whatever. The prosperity of the 20s really peaked in 1927; urban areas, New York in particular, hung in there, but the Depression hit people in rural areas long before the stock market crashed. So much for money growing on cornstalks or whatever.

]]> by: Batocchio http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201127 Mon, 16 Apr 2007 07:48:04 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201127 A most welcome debunk. Bartlett offers a little sanity, but I agree with you - the Reagan crew were not sober and cautious - except perhaps in comparison to the Bush crew. Zeus, that Boston Globe article is quite good, thanks! A most welcome debunk. Bartlett offers a little sanity, but I agree with you - the Reagan crew were not sober and cautious - except perhaps in comparison to the Bush crew.

Zeus, that Boston Globe article is quite good, thanks!

]]> by: zeus http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201112 Mon, 16 Apr 2007 05:53:25 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201112 I remember getting the tax windfall that Swami speaks about. I also remember making the decision to put it away for my children after realizing that they would have to pay it back tenfold (at least). Turns out - I was right. I remember getting the tax windfall that Swami speaks about. I also remember making the decision to put it away for my children after realizing that they would have to pay it back tenfold (at least). Turns out - I was right.

]]> by: zeus http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201100 Mon, 16 Apr 2007 04:57:47 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201100 Perfect timing - Sunday's Boston Globe: http://www.boston.com/news/globe/ideas/articles/2007/04/15/soak_the_rest_of_us Perfect timing - Sunday’s Boston Globe: http://www.boston.com/news/globe/ideas/articles/2007/04/15/soak_the_rest_of_us

]]> by: gregrocker http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201069 Mon, 16 Apr 2007 00:38:19 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201069 But he could be elected, since he plays a very Presidential role on television, and that is how dumbed down this country is: since Reagan the movie star was elected, we now have progressed to where a television character could be elected President. You can't really beat him - you'd have to defeat his character on television?! But he could be elected, since he plays a very Presidential role on television, and that is how dumbed down this country is: since Reagan the movie star was elected, we now have progressed to where a television character could be elected President. You can’t really beat him - you’d have to defeat his character on television?!

]]> by: Swami http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201065 Sun, 15 Apr 2007 23:39:30 +0000 http://www.mahablog.com/2007/04/15/shameless-hustles-and-tax-cuts/#comment-201065 Ken melvin, That's what I thought also, but being from the east coast I just couldn't be sure. I had a screen saver of the Corn Palace once and I know it wasn't in Kansas. I remember getting a $500.00 tax rebate when Bush first came into office. I sensed we were going to hell in a hand basket then because it wasn't earned money..It felt more like a bribe or an inducement to support Bush and his policies.. Ken melvin, That’s what I thought also, but being from the east coast I just couldn’t be sure. I had a screen saver of the Corn Palace once and I know it wasn’t in Kansas.

I remember getting a $500.00 tax rebate when Bush first came into office. I sensed we were going to hell in a hand basket then because it wasn’t earned money..It felt more like a bribe or an inducement to support Bush and his policies..

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