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Thursday, April 22, 2010

166 - Right-Wing Ramps Up Its Efforts To Protect The Vulnerable, On-The-Edge-Of-Collapse Wealthy From The All-Powerful Progressives Out To Get Them

Today, an examination of a phenomenon that's recently come out into the open: the right-wing's worship, and hard-line defense of, the ultra-wealthy. You'll hear the who, what, when, where and why.

I have some exclusive stats for you that may well blow your mind. The picture ain't pretty.

You'll hear the answers to questions like these: which 25 guys made more than all the teachers, firemen and policemen in New York City? What wonderful things did these 25 guys do to earn all that money? And what kind of terrible tax burden are these 25 guys being subject to?

(PS: Right-wingers, if you want to write in to me, fine, but at least do me the courtesy of listening to the podcast first. Please don't respond just on the basis of the brief preview above. Thanks!!)

Scheduling note: episodes of Blast The Right will be posted every three weeks.

Jack Clark 8:01 PM [+]
Post #6228388148734338328


Comments:  This section is for listeners. To receive a reply from Jack Clark, you should call the comment line.








Jack,

I've never listen to your show before, but someone posted a link to it over on the podcast site a regularly listen to Common Sense (www.dancarlin.com, but don't take it out on him, I'm not affiliated with the show, that's just where I post on political stuff)... and sorry but I felt that it left something to be desired.

As I said over on the other board:

I'm not a fan of hedge fund managers generally.

I find many times the most important quality is political capital... which I find beneath contempt... but I will never be swayed by an argument from wealth envy.

"But mom... look have many video games jimmy has." Grow up.

Your assessment that "Hedge Fund Managers create nothing of value."

I don't see how its possible to make that assessment.

Its like saying a salesman doesn't add any value to the market.

He coordinates the wants and needs of people with the goods and services to satisfy them. In the absence of such a person, the people and the goods may not be connected and as such there is a loss to the system by a lack of a salesman.

The efficiency at which capital is allocated, the job of the manager, is a value. Its just impossible to calculate.

And in show 166... your explanation on the connection between wealth and jobs had so many holes in it... its ok, its a complicated issue, but I couldn't stand the arrogance in which you explained your part of the theory, and incorrectness with which he denounced another aspect of job creation.

Not that I have a problem with going after tax cheats (assuming their don't want new powers to do things that I disagree with) but I can easily make the case that dodging taxes creates jobs.

If you'd like me to call or skype this just let me know.

-Nick Moore
posted by Anonymous Nick Moore  10:22 PM   [+]
 
Jack,

I'm not a fan of hedge fund managers generally.

I find many times the most important quality is political capital... which I find beneath contempt... but I will never be swayed by an argument from wealth envy.

You claim that hedge fund managers add nothing of value to the market.

I don't see how its possible to make that assessment.

Its like saying a salesman doesn't add any value to the market.

He coordinates the wants and needs of people with the goods and services to satisfy them. In the absence of such a person, the people and the goods may not be connected and as such there is a loss to the system by a lack of a salesman.

The efficiency at which capital is allocated, the job of the manager, is a value. Its just impossible to calculate.

Your explanation on the connection between wealth and jobs had so many holes in it... its ok, its a complicated issue, but I couldn't stand the arrogance in which you explained your part of the theory, and incorrectness with which you denounced another aspect of job creation.

Not that I have a problem with going after tax cheats (assuming their don't want new powers to do things that I disagree with) but I can easily make the case that dodging taxes creates jobs.

Nick Moore
posted by Anonymous Nick Moore  2:55 PM   [+]
 
I shared your latest podcast on my Facebook with this comment:
I just listened to a very good podcast exposing the racist code language used by the Tea Party types and the people who worship "the Reagan".

I think that when people call themselves paleo-Conservatives or Goldwater-Conservatives, they need to understand that they are identifying with the American white Aristocracy in this country. Those aristocrats in the '80's and '90's made deals with white supremacists and religious fundamentalists, because they believed that they could use those people to vote for policy which is good for the aristocrats but not necessarily good for those people. Most of this Tea Party stuff is "blowback" from that decision. I believe this is similar to the blowback that came from supporting the Taliban against the Soviets in Afghanistan.
posted by Blogger affablerogue  8:59 AM   [+]
 
Nick, I believe you are perhaps a bit fuzzy on what has been found to cause the recent financial crisis. The clearest explanations I've heard were produced by the NPR show "This American Life". In regards hedge-funds, I would suggest that you listen to episode 405. Be prepared for information you have heard nowhere else.

castroller.com/podcasts/ThisAmericanLife/1574207-405%20Inside%20Job
posted by Anonymous TinFoil  9:13 AM   [+]
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Great podcast - a must listen to
Jack Clark documents the right's wars on the poor, civil liberties, the right of workers to organize at work and obtain a decent working wage and work conditions, and against other countries who refuse to accept American domination. Jack provides all the sources so that you can see for yourself how the right is out to enrich itself at the expense of everyone else. Great job, Jack!
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awesome show
Clark always backs up his statements against the right wing with fact and data, which gives him all the more credibility. As conglomerate media controlled by politics clouds the mainstream news media, Jack Clark, along with NPR and Democracy Now! have become my primary news source. Awesome podcast!
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This podcast is not just entertainment, humor, chimp-bashing, or gee-whiz recap of the weeks events. Instead, it hits hard and in-depth on the world economic situation and how right-wing policies impact the poor and less advantaged all over the world. He examines Americas support of the World Bank, IMF,multinational corporations, etc., and connects the dots. This is a podcast for grown-ups. He gives good reasons why the right wing is NOT living up to its precious Bible, without putting down the Bible. As a Jesus-loving Christian and moderate Democrat, I respect this podcast for its subject matter. The grown-up manner of the speaker is just icing on the cake. He IS funny, but hes not trying to be, he just has a deadpan delivery but doesnt have to make jokes to make it interesting. The facts make it interesting and devastating.
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