"Stupidity, Narrowness and Cruelty": The Murdoch Trademarks | James Wolcott's Blog | Vanity Fair
After some comedy clips to lighten up Sunday, back to more meaty stuff with an interesting opinion piece from the Tory journalist Charles Moore. Again about Murdoch, but apart from the hideous events in Norway and the Debt ceiling crisis in the US there are few other real news stories.
On the debt ceiling crisis it is worthwhile noting that the Republican Party appears to have been taken over by the political equivalent of the Taliban, who would rather cut welfare payments to the old,sick or poor than deprive their rich buddies of the cash for the spare corporate jet !
They may call rich people 'job creators' I call them rich bastards who can afford to pay a lot more. Due to the Reagan/ Bush tax cuts for the wealthy, the American state now has less tax revenue than under Eisenhower !.
Watch this situation carefully, if no compromise is reach the world will enter the feared double digit recession.
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