Showing posts with label Vanity Fair. Show all posts
Showing posts with label Vanity Fair. Show all posts

Monday, January 03, 2011

61 percent say tax the rich to fix budget deficit

By Daniel Tencer

Americans of all income levels overwhelmingly favor raising taxes on the rich over any other method available to reduce the budget deficit, a new poll has found.

According to a survey conducted for Vanity Fair and CBS, 61 percent of Americans prefer increasing taxes on the wealthy as the first step to balancing the budget. By comparison, only 20 percent chose the second-most popular option -- cutting defense spending.

Cutting Medicare and Social Security -- the other two options -- got four percent and three percent support, respectively.

Even among the relatively wealthy -- those earning above $100,000 -- 46 percent said they wanted to see tax hikes on the wealthy before any other steps were taken.

The poll suggests Republicans may find themselves taking an unpopular stance when they challenge President Obama and the Democrats on the issue of raising the debt ceiling, as they have vowed to do.

Republican Sen. Lindsey Graham said Sunday he would work to block attempts to raise the debt ceiling if Democrats didn't agree to Social Security reform. Coming as it did right after the GOP struck a deal with Obama to extend Bush-era tax cuts, at a cost of $858 billion, the move to reduce Social Security costs will likely be met with stiff opposition.

Austan Goolsbee, President Obama's senior economic adviser, on Sunday warned that a Republican effort to stop a rise in the debt ceiling would lead to the US government defaulting on its debt. Goolsbee said it would be "the first default in history caused purely by insanity."

The current US federal deficit ceiling is $14.3 trillion. CBS reported Monday that the US debt has reached $14 trillion.

Polls taken before the tax cut extension indicated that Americans largely opposed the Republican plan to extend the tax cuts for the wealthiest earners, prompting many Obama supporters to express disappointment when the White House agreed to an across-the-board tax cut extension.

However, observers have since said that the White House may have taken a strategically smart approach, as the tax cut deal was followed by a number of legislative victories for the Democrats, including the passage of the arms reduction treaty with Russia and the repeal of the military's ban on gays serving openly.

Wednesday, September 01, 2010

McCain ’08 campaign joked with Secret Service: ‘Shoot out [Palin's] tires’

By Raw Story After John McCain's presidential campaign decided to withdraw from Michigan, his vice presidential nominee Sarah Palin dissented. Once the Secret Service learned of Palin's plan to drive to Michigan one morning anyway, it got a blunt response upon asking how to handle it: "Shoot out the tires."

That was but one nugget of information revealed Wednesday in a lengthy Vanity Fair expose by Michael Joseph Gross, who chronicles Palin's journey from a small-town hockey mom to a powerful national force, and the "place of fear, anger, and illusion" it has led her to.

Palin, Gross learns, had a vicious temper during the campaign and was easily set off, yelling often at staffers and even throwing objects. "You just got to let her go through it," her husband Todd once told an aide. "Half the stuff that comes out of her mouth she doesn’t even mean."

Colleen Cottle of Wasilla, Alaska, who served on the city council, said Mayor Palin "had no attention span" and "does not understand math or accounting—she only knows buzzwords, like 'balanced budget'."

A source described as a Palin's "friend" told Gross: "Once, while Sarah was preparing for a city-council meeting, she said, 'I'm gonna put on one of my push-up bras so I can get what I want tonight.' That’s how she rolls."

"Insiders" said that after the campaign, Palin's temper and meltdowns were on full display. "We weren’t good enough for America," Palin reportedly told one of her children. "We’ll never be good enough for America."

Palin would often be engrossed in her Blackberry during her campaign, seeming distant and wrapped up. An aide once asked her what she was reading: "Im reading these great e-mails," she responded, "from the prayer warriors." (Prayer warriors, Gross notes, are individuals who ask God to affect a battle between the forces of light and darkness.)

On the night of her debate with her Obama campaign counterpart Joe Biden, she received an email from influential right-wing Christian activist Lou Engle comparing her to the biblical Queen Esther. "This is an Esther moment in your life," he told Palin. "Esther hid her identity until Mordecai challenged her to risk everything for such a time as this. Your identity is 'Sarah Barracuda.' ... Sarah, don’t hide your identity tonight."

Aides to Palin declined to speak to Gross on the record, telling him they received a signature threat from the former governor if they were to cross her: "I have the power to ruin you."

As for Palin's declining popularity in Alaska, a woman in Alaska offered a take: "People who loved Sarah Palin are disappointed," she said, reflecting on Palin's national transformation, "because they found out that Sarah Palin loves Sarah Palin most of all."