Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them, such as Lloyd Blankfein of Goldman Sachs, would then publicly come out and talk about how modest increases of tax rates on the wealthy were reasonable in order to deal with the deficit problem. What wasn’t mentioned is what these leaders wanted, which is what’s known as “tax extenders”, or roughly $205B of tax breaks for corporations. With such a banal name, and boring and difficult to read line items in the bill, few political operatives have bothered to pay attention to this part of the bill. But it is critical to understanding what is going on.
8 Huge Corporate Handouts in the Fiscal Cliff Bill: You didn’t think that Big Business wasn’t going to try to get everything they could out of this crisis, did you?
The 50 Worst Logos in Baseball History: A 4th-grade art class could top most of these.
18 Common Phrases to Avoid in Conversation: ‘Cuz you don’t want to sound like a member of the Tea Party, do you?
3 Things My Conservative Mother Taught Me That I Wish I Could Forget: I’ve managed to forget what my Conservative parents taught me; you can, too.
Mom Has Son Sign 18-point Agreement for iPhone: #19: No texting pictures of your junk until you’re at least 18, ‘kay??
17 Offbeat Holidays to Celebrate in January: It’s the dead of winter. What else are you going to do?
12 Unbelievably Awful Things Fox News Did This Year: I’s imagine that challenge was in whittling the list down to only a dozen.
36 Bizarre Things Ceremonially Dropped on New Year’s Eve: Anyone can drop a ball, right?
The Ten Most Outrageous Economic Calamities of 2012: And how many do you think were created or exacerbated by Right-wing intransigence?
12 Historical Speeches Nobody Ever Heard: In the event of a moon disaster? Someone wasn’t exactly looking on the bright side, were they?
6 Reasons Joseph Stiglitz and Other Top Economists Think Means-Testing Medicare & Social Security Is a Destructive Idea: Perhaps because it’s just another way for compassion-deprived Conservatives to deny assistance to those in need of it.
366 Days, 366 Books: You know you have WAY too much time on your hands when….
